After remaining closed-mouthed on the rumors regarding a purchase by European investors, Full Tilt Poker has finally decided to address the matter. According to PokerNews.com, the company is indeed in the midst of negotiations with several prospective buyers. Here’s a portion of their recent press release:
“While Pocket Kings Ltd. plans to continue discussions with its current investor,” the statement read, “the company has now begun negotiations with additional potential investors to conclude the sale/partnership of the Full Tilt Poker brand and its assets.”
The company goes on to apologize for their “lack of communication with its customers over the last month and a half,” explaining that they’ve been busy “grappling with unexpected and complex legal and financial issues arising from Black Friday and its aftermath.”
Full Tilt also acknowledged their protracted silence on the topic of their pending purchase, stating that confidentiality was necessary because of the parties involved. In closing, they attempted to assure their former player base that they haven’t been forgotten:
“To the extent that it can do so without jeopardizing future opportunities, Full Tilt Poker will strive to have better communication with its customers going forward. Full Tilt Poker’s number one priority remains the same: to secure an infusion of capital to repay all of its worldwide customers.”
While this all sounds well and good, some would argue that this brief release is little more than a token acknowledgment of the company’s failure to repay and respond to their customers. As published in a report yesterday, it has become apparent that any new ownership group would likely demand a cleaning of house in regards to the Full Tilt management staff. For the thousands of disappointed users out there, this would likely be seen as a good thing.