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Quite a few of you asking yesterday who potential SUFC buyers ALK Capital LLC were. There is no reference to them online but Kevin McCabe's written witness statement says they are an 'investment vehicle' created by two people, Alan Pace and Dave Checketts #sufc #twitterblades
Alan Pace is a senior executive at US bank Citigroup who previously worked at now defunct US bank Lehman Brothers and at US football team Real Salt Lake. Checketts was Pace's boss at Real Salt Lake and also used to manage New York's Madison Square Garden #sufc #twitterblades
The witness statement says they visited the stadium in November 2017 and were 'impressed with what they saw'. It goes on to say that they wanted a 85-90% stake in the club and its real estate #sufc #twitterblades
However, while McCabe said in his evidence that he had reached an agreement with ALK to invest, he also made clear in court and in his witness statement that a deal had not yet been done because of the subsequent actions of the Prince and ensuing litigation #sufc #twitterblades
