The usual reason for issuing shares is to raise cash.
Adey's given a full description of the various options - but one of the keys is how many shares are offered - if say you offer 10% of the company in small bundles of non transferable shares - then it's a good gesture but he would not be transfering any real control of the company.
The past problems arose because you had a half dozen or so shareholders with significant blocks of shares who could not agree amoungst themselves how to run the club.
I just hope we are seeing a good initative at giving an extra incentive for fans, not first signs of another cashflow problem - fingers crossed. It's also a shame that the only properly consituted supporters trust is struggling to find interest in keeping it active - as Adey says shares bought through a supporters trust would bring a more organised voice.
Others/combustable.gifRed Amber and Black Fantasy Rugby League Champion 2012.
By far the most sensible posts on this thread have come from mystic eddie. - copyright Ewwenorfolk 09.04.2013
Aye, and Eddie is hinting at it too. And, as we all know:
Mystic Eddie has been right all along! - copyright vbfg 05.01.2017:Others/combustable.gif
755_1290430740.jpg“At last, a real, Tory budget,” Daily Mail 24/9/22
"It may be that the honourable gentleman doesn't like mixing with his own side … but we on this side have a more convivial, fraternal spirit." Jacob Rees-Mogg 21/10/21
A member of the Guardian-reading, tofu-eating wokerati.:d7dc4b20b2c2dd7b76ac6eac29d5604e_755.jpg
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