Jump to content

 

 

Recommended Posts

I don't I expect Laxey may well wish to underwrite any issue.

 

You have to be an existing shareholder to take part there won't be another IPO.

Fair enough.

 

Will probably still look into it even simply to get into AGMs in the future

Link to post
Share on other sites

I note the club statement about UoF ST fund attacks every point from yesterday's announcement EXCEPT the claim that only 2000 season tickets have been sold. Wonder why.

 

and your negative point against the Board is what? Spit it out..you know you are about to nut all over yourself in glee..

Link to post
Share on other sites

If enough people join of course they will grant security. No company turns away millions in custom.

 

No they won't for a number of reasons:

 

1. the vehicle set up by King (wholly owned and controlled by one person living overseas) doesn't lend itself to a company giving its biggest assets as security.

2. A majority of the shareholders won't agree to it

3. Many of the fans don't want it.

4. As a plc,, they probably can't for legal reasons.

5. the directors don't want to as a point of principle, particularly given the attacks on the Easdales, Wallace etc.

 

etc etc.

 

You may think that they will but I'm fairly sure that they won't.

Link to post
Share on other sites

No they won't for a number of reasons:

 

1. the vehicle set up by King (wholly owned and controlled by one person living overseas) doesn't lend itself to a company giving its biggest assets as security.

2. A majority of the shareholders won't agree to it

3. Many of the fans don't want it.

4. As a plc,, they probably can't for legal reasons.

5. the directors don't want to as a point of principle, particularly given the attacks on the Easdales, Wallace etc.

 

etc etc.

 

You may think that they will but I'm fairly sure that they won't.

 

 

im pretty sure if we get 40 thousand people signed up the will. after that it's only a matter of finding the tipping point and getting there.

 

i understand there are issues but none of them legally rule it out imho. or more importantly according to king.

Link to post
Share on other sites

im pretty sure if we get 40 thousand people signed up the will. after that it's only a matter of finding the tipping point and getting there.

 

i understand there are issues but none of them legally rule it out imho. or more importantly according to king.

 

40000?! Come on.

Link to post
Share on other sites

No they won't for a number of reasons:

 

1. the vehicle set up by King (wholly owned and controlled by one person living overseas) doesn't lend itself to a company giving its biggest assets as security..

 

I think a huge red flag would be waved all around if they gave to that company, owned by a convicted tax evader, some sort of control over assets that are integral to the normal club operations. It would not surprise me in any way to see King eventually sue the club for some unknown reason if his company (not trust) was ever granted any sort of security on those assets.

Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

  • Recently Browsing   0 members

    • No registered users viewing this page.


×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.