Quote: Leigh24.7 "Could someone please clarify the situation for me.......The current shares have no value so what is the point of shareholders holding on to them and how could they expect someone to buy them? As they have put their money into the club in the past with no chance of a return they must love the club so in the interests of the clubs future why don't they just hand over the ownership? They will never see that money again and although we are all very grateful to them it was their choice / gamble. Again, if money is owed to the bank then they should be responsible just like I would be for a loan I took out.'"
My guess is that shareholders who have not given a personal guarantee to the bank would happily give up their shares to any new prospective investor. The problems arises when a call is made on the shareholders who have given a personal guarantee and clearly don't want to stump up the cash to clear the decks!! I would imagine this is the major stumbling block moving forward with new investors and a new regime.
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- love as in 
