Hemmings Takeover Bid

02 June 2010 09:09
Preston North End have received an official takeover bid from their largest shareholder Guild Ventures which is owned by Trevor Hemmings. Hemmings has put in a bid which values the club shares at 0.05p although they had been recently trading on the AIM for around 95p per share. The club will now take time to consider the offer that was made at 7am this morning before making any decision.

Source: FOOTYMAD