While the latest takeover bid from
GZS Holdings - who do want him - continues to stall, Nick's been busy lining up his team ready to move in.
Super-smooth Peter Nicol vowed to invest a million pounds into Raith Rovers through the Jersey- based company,
GZS Europcapital.
Peter Nicol, boss of Jersey-based
GZS, dismissed claims about his financial affairs as "garbage" and said he was the victim of a plot to discredit him.
The
GZS chief insisted the pounds 300,000 buy-out would only falter if major shareholder Alex Penman decided not to sell his stake in the Kirkcaldy club.
GZS Holdings' buyout of chief shareholder Alex Penman has effectively gone through, but the deal won't be completed until the weekend.
The buy-out of principal shareholder Alex Penman by
GZS Holdings effectively has gone through but the red tape won't be wrapped up until the weekend.
Meanwhile, Bob Jamieson, the loser in the takeover battle for the club, last night threatened legal proceedings against outgoing director Alex Penman after the club was formally sold to
GZS Euro Capital Holdings.
DCC Compact Classics
GZS (2)-1135/1&2 (2-disc set).
Takeover loser Bob Jamieson is threatening to sue outgoing owner Alex Penman after he sold out to
GZS Euro Capital Holdings.
