grecian-near-hell
Well-known Exeweb poster
I have to give a wry smile when people talk about selling off shares in the company, as if we owned all the shares, and still believing that the Trust would maintain control.
As I recall we may own the club but only a majority of shares, and not all of it I believe there is a significant minority shareholder element, so any sale of shares would be from the Trust's portion, threatening our ownership claim, and quite frankly who is going to invest a considerable amount in a company with such a wide ownership base. (Here to be proved wrong as I also seem to recall that the Trust were looking to buyout the minority, but I don't know how far that has gone)
As I recall we may own the club but only a majority of shares, and not all of it I believe there is a significant minority shareholder element, so any sale of shares would be from the Trust's portion, threatening our ownership claim, and quite frankly who is going to invest a considerable amount in a company with such a wide ownership base. (Here to be proved wrong as I also seem to recall that the Trust were looking to buyout the minority, but I don't know how far that has gone)