Does anyone think that it might have been a good idea to agree that the initial €1M payment should rather be made in escrow until the US$20M is received by Niel?
It seems all well and good that the final payment of €4M is the subject of a "put option" to recover the deposit if the payment is not made to Niel - but how the hell to they realistically propose to get the deposit back.
If the whole deal is done in escrow, then at least everyone knows where their money is. Just IMHO
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