Property developer Rob Lloyd has paid his £5,000 fee and his representatives have begun the process of due diligence at Portsmouth, combing through the club’s books. The administrator was initially sceptical about the Cheshire businessman’s bid, but Lloyd has now revealed that he is not fronting a consortium, but represents a single mystery bidder whom he won’t name. With the clock ticking for Portsmouth, any expression of interest is welcome.
Property developer Rob Lloyd has paid his £5,000 fee and his representatives have begun the process of due diligence at Portsmouth, combing through the club’s books. The administrator was initially sceptical about the Cheshire businessman’s bid, but Lloyd has now revealed that he is not fronting a consortium, but represents a single mystery bidder whom he won’t name. With the clock ticking for Portsmouth, any expression of interest is welcome.