the gunslinger 3,366 Posted June 13, 2014 Share Posted June 13, 2014 And did they say how they were going to invest that 50milion. Were they going to get a shareholding first in order to gain control ? Or do they expect current shareholders to hand over their shares free of charge and walk away? Via a share issue. But the board refused it. 0 Quote Link to post Share on other sites More sharing options...
CammyF 6,781 Posted June 13, 2014 Share Posted June 13, 2014 Via a share issue. But the board refused it. GS - I may be being far to simplistic here but if Dave King had purchased some shares on the open market in the last 12 months then he would automatically be entitled to participate in any future share issue????? Apologies if this is incorrect but thats how I see it??? 0 Quote Link to post Share on other sites More sharing options...
Ser Barristan Selmy 222 Posted June 13, 2014 Share Posted June 13, 2014 3 signings so far and not one even remotely close to the required level. Not even in the ballpark. not even in the same universe. Short termism with no consideration for the future. We need a whole new squad in a year and will struggle to finish 2nd with this manager. 0 Quote Link to post Share on other sites More sharing options...
Super Cooper 0 Posted June 13, 2014 Share Posted June 13, 2014 not even in the same universe. Short termism with no consideration for the future. We need a whole new squad in a year and will struggle to finish 2nd with this manager. We absolutely won't. That much is certain mate. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted June 13, 2014 Share Posted June 13, 2014 GS - I may be being far to simplistic here but if Dave King had purchased some shares on the open market in the last 12 months then he would automatically be entitled to participate in any future share issue????? Apologies if this is incorrect but thats how I see it??? Not necessarily only if the board decide that's how it will be and then only up to the level he had bought so far. So a pointless exercise buying shares. 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted June 13, 2014 Share Posted June 13, 2014 We absolutely won't. That much is certain mate. Top 6 under this board will be hard. 0 Quote Link to post Share on other sites More sharing options...
Super Cooper 0 Posted June 13, 2014 Share Posted June 13, 2014 Top 6 under this board will be hard. They have backed the manager too much already, surviving under Ally will be hard. Sent from my iPhone using Tapatalk 0 Quote Link to post Share on other sites More sharing options...
RANGERRAB 3,258 Posted June 13, 2014 Share Posted June 13, 2014 They have backed the manager too much already, surviving under Ally will be hard. Sent from my iPhone using Tapatalk If McCoist is on one years notice then that notice should be served immediately.This season really must be his last before we go back to the top division if everything goes to plan 0 Quote Link to post Share on other sites More sharing options...
CammyF 6,781 Posted June 13, 2014 Share Posted June 13, 2014 Not necessarily only if the board decide that's how it will be and then only up to the level he had bought so far. So a pointless exercise buying shares. Sorry thought the board had stated that the next share issue was only open to existing shareholders - hence blocking out King - hadn't realised they had set a limit on how many you could buy - bang goes my chance to buy a controlling stake :-) 0 Quote Link to post Share on other sites More sharing options...
the gunslinger 3,366 Posted June 13, 2014 Share Posted June 13, 2014 Sorry thought the board had stated that the next share issue was only open to existing shareholders - hence blocking out King - hadn't realised they had set a limit on how many you could buy - bang goes my chance to buy a controlling stake :-) Usually it's one for one but can be more. But I suspect this will only be for pals of the board. 0 Quote Link to post Share on other sites More sharing options...
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