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We're privately traded like Arsenal rather than publically traded as Manchester United were - for purpose of how many shares need to be purchased.

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as a fan I would an 11th of an hour take over bid before the 22th sept icon_razz.gifRAY: icon_razz.gifRAY: icon_razz.gifRAY:

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Quote: The Clan "His commitment to backing Embassy Team Racing, his own team, ran into the millions but like many other companies he pulled out when the recession hit.

Working from memory alone there were about 4 other backers/teams from the same competition that took the same decision to pull out as JF.

There were multi £million backers in the F1 circuit that made the same decision it wasn’t through lack of commitment but (ahem. . . Cough) financial prudence.'"


the bike racing effort just got pulled for the last meeting leaving funds to be found elsewhere! which i think was particularly shameful! and nobody else pulled out of that meeting!

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Quote: crowt123 "the bike racing effort just got pulled for the last meeting leaving funds to be found elsewhere! which i think was particularly shameful! and nobody else pulled out of that meeting!'"

I had a work mate that left to work for him, for over a year he had a great time and then it all went to pot, he got his job back successfully

rugby league is far less costly icon_wink.gif

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not when you are involved with us snowie icon_rolleyes.gif icon_lol.gif

RDM
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Quote: Waketrin Wild "[iwithin 10 shares of owning 30% of Arsenal and if his shareholding reaches that figure then, under UK takeover law, he is compelled to make an offer for the remaining shares.[/i
rlSourcerl'"


An existing shareholder taking their ownership beyond 30% triggers a requirement for a mandatory OFFER for the rest of the shares, which is the issue being reported re Arsenal.

The 90% figure triggers a requirment to purchase regardless of the wishes of those minority shareholders (i.e. the Glazer takeover at Man Utd).

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Quote: RDM "An existing shareholder taking their ownership beyond 30% triggers a requirement for a mandatory OFFER for the rest of the shares, which is the issue being reported re Arsenal.

The 90% figure triggers a requirment to purchase regardless of the wishes of those minority shareholders (i.e. the Glazer takeover at Man Utd).'"


Doesn't have to be a good offer though does it?

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Most shareholders won't be bothered IF it's in the best interest of the club.
The shares are practically worthless and shareholders ignored.

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Quote: jimmyfivebellies "not to put anyone in any trouble,i will not release names,but a friend of mine,who is company secretary for a ''local'' business,says her boss has tendered his ''families'' interest in taking over wakefield,on the basis,that the current board,ALL leave,and that ''they'' gain a 100% shareholding in the club.they have asked for access to the clubs accounts.personally i don't know a lot about them,but my friend says they are nice and honest people.don't know what any of you lot know on this,but i hope you get sorted out,as we enjoy visit's to your place.'"



Quote: jimmyfivebellies "Sounds like the France family to me, we all know there has been interst in the past and that one of the conditions of them buying the club was that Ted and family leave.'"


I was at the Yorks-Warwicks semi final at Scarburrow yesterday and was told by someone unconnected with the club that ONE of the more interested parties does advertise on our shirt and it is not France and Co just another rumour but I hope its true icon_razz.gifRAY:

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Quote: chissitt "I was at the Yorks-Warwicks semi final at Scarburrow yesterday and was told by someone unconnected with the club that ONE of the more interested parties does advertise on our shirt and it is not France and Co just another rumour but I hope its true

Might not advertise on the shirt, but certainly makes them. icon_biggrin.gif

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The guy at prostar has been mentioned, so who knows, hopefully though teds days are numbered, 3 more on the dole then, won't do David Camerons unemployment figures any favours, but hey!!!!!!

284 posts in 20 pages 
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Subscribe | Moderators: Admin, PopTart , kinleycat , Wildthing
284 posts in 20 pages 
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Subscribe | Moderators: Admin, PopTart , kinleycat , Wildthing



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