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Had a thought which may well be complete carp and influenced by recent rumours!
ME has been looking to sell the club for quite a while (we know he was willing to sell back in 2018 for circa £35m). Giving PRP a 5 year contract to keep him onboard while looking to sell, it would mean the new owners would have to settle PRP's contract or keep him as manager. The 5 year contract gives PRP a lot of security...