Matt Glantz has published a report in Card Player stating that he has been in touch with several shareholders of Full Tilt Poker (FTP). While most of them were eager to share their views on why they are silent about the FTP saga, one of them urged Glantz not to make their interview public. Most of the shareholders blamed one another for the FTP tragedy.

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The interviews Glantz has had with FTP shareholders reveals that they have not issued any public statement out of fear of being blamed for hindering Groupe Bernard Tapie’s (GBT) acquisition of FTP. Simultaneously, they are certain that the acquisition will be 100 percent successful.

Voicing his opinion regarding the GBT deal, one of the shareholders said that GBT is not the only option for FTP although it is the best option. He further stated that this deal is FTP’s best chance to refund its ex players and shareholders naturally choose to remain silent out of fear that anything they say might hinder the deal.

If GBT does not purchase FTP, there is almost no chance of FTP ex players in the US of ever getting back their poker funds, particularly because GBT is the only company willing to purchase the online poker company at present. Although GBT is currently giving the impression that it is serious about acquiring FTP, renewing its license, and re-launching it for the European market, Glantz is of the opinion that GBT is not really interested in acquiring FTP although its reasons for pretending to be interested are not clear.

Suspecting ulterior motives on the part of GBT to pretend interest in FTP, Glantz says that he feels GBT wants to appear as the savior of an online poker room that once enjoyed a great deal of popularity to divert attention from its own shady reputation. Alleging that GBT is feigning interest in FTP just to gain some publicity and use it to promote its mega European tournament, Glantz feels that when GBT finally backs out, it is going to blame individual players of FTP who allegedly owe FTP lots of money and have failed to repay it.

Since FTP also has plenty of internal conflicts, Glantz feels that the FTP is a company that is finished forever. He predicts that FTP will be shut down for good and that the US government might use its assets to pay back players part of the poker funds they lost.

Tight Poker Staff

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Tight Poker Staff

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For nearly two decades, we’ve provided the best in class for poker site reviews, top online poker bonuses, strategy tips, poker news, and exclusive free poker content.  Consisting of a team of poker and gambling experts, we deliver the best online poker brand experience for players of all levels, from the fish to the sharks.