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Here is a summary of some of the information I have heard over the last few months.
After trying to unsuccessfully sell the club from in-house, the club realised that potential buyers are more comfortable and more confident to negotiate potential sales with professional organisations in this field.
Through the Perth Glory attempted sale negotiations, the club was made aware of interested buying parties.
The club then started talks with KordaMentha to see if it was viable for both parties to come to an arrangement.
A sale agreement between the two was agreed.
The club was told that there were two interested parties that KordaMentha would be having initial discussions with.
As Perth Glory's discussions advanced (which collapsed) it became clear that sale figures of $25m were just not realistic.
Lower sale figures became part of the discussions with the jets which has attracted another 2-3 interested parties to come forward.
This does sound promising as it seems like we do have several interested buyers.
The obvious challenge is converting "interested parties" to a completed sale agreement. eg. New Owner !
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