The size of Ellis' ego and the buyer wanting him on side IMO means a bid will not be made unless he is at the club to call a press conference and tell everyone about it and how much it is for and how much the new owner has guaranteed to spend on players, as well as ELlis boasting about the fact they've kept him on as Club President because of al of his years of football knowledge!
Agree in part, but I think he will want to do that when it goes through, if anything.