Subject: Poker Reports French Investors Considering Purchase of Full Tilt

In an interview with Subject: Poker, Full Tilt lawyer Jeff Ifrah revealed some details related to the potential investors considering purchasing Full Tilt Poker and the overall situation on the company.

Jeff Ifrah, a lawyer for Full Tilt Poker, spoke to Subject: Poker today and gave them information on the potential investors that are currently in talks with the company.

See the complete story at Subject: Poker.

The investors are French, and apparently the first visit they made to Full Tilt's headquarters in Dublin took place on August 24th. A letter of intent from the investors exists, and a Subject: Poker author has seen it to confirm.

The terms of the purchase will allow for the complete repayment of Full Tilt player accounts worldwide, but both the Alderney Gaming Control Commission (AGCC) and the United States Department of Justice must accept the terms of the potential agreement before it can possibly come to fruition.

PokerStrategy.com will continue to provide you with all updates related to this story, and we anticipate statements from both Full Tilt poker and the AGCC in the very near future.

Here are some of the recent news pieces we have released on the Full Tilt Poker situation:

All Major Updates over the Last Two Days Summarized
Jeff Ifrah on the 'Ponzi Scheme' + FTP License Rumors + EPL Suspensions
How the Media has Reacted to the FTP Story
Our Forum Thread with a Backlog of our FTP Coverage Since Black Friday

by Matt Kaufman