My memory fails me on this now,

but didnt the theoretical creation of those shares push him above a 30.1% holding of the club - at which point he would be obliged to offer a deal to all shareholders, pay the debt back etc?

I think that's what Waggers belated on about every other article at the time

Posted By: Yellalee on February 15th 2009 at 00:22:13

Message Thread

What Year did Delia Take Over? (n/m) (NCFC) - SeattleSounders, Feb 14, 22:51:50
- 1996 (NCFC) - Fozzybear, Feb 14, 22:55:42
  - Was Bored (NCFC) - SeattleSounders, Feb 14, 23:07:44
    - you'll have taken over and be pumping in your hard earned? (n/m) (NCFC) - Ralf Scrampton, Feb 14, 23:26:15
      - Don't Get Me Wrong (NCFC) - SeattleSounders, Feb 14, 23:32:49
        
        pretty similar to this - though hopeful of a gradual improvement (NCFC) - Ralf Scrampton, Feb 14, 23:37:18
        
        Way Less than the 50 Some Million (NCFC) - SeattleSounders, Feb 14, 23:41:08
        
        except the club never was valued at ?50m... (n/m) (NCFC) - Ralf Scrampton, Feb 14, 23:43:16
        
        The price quoted to buy 100% of the shares was ?16 million (NCFC) - Bryan Salad Surgery, Feb 14, 23:46:38
        
        I Have to Think Cullum (NCFC) - SeattleSounders, Feb 14, 23:49:01
        
        I think you dont actually think. (NCFC) - Yellalee, Feb 14, 23:55:49
        
        except Cullum didn't meet that valuation (n/m) (NCFC) - Ralf Scrampton, Feb 14, 23:52:37
        
        Because she Overvalued it (n/m) (NCFC) - SeattleSounders, Feb 14, 23:58:09
        
        I doubt Cullum offered any meaningfull amount for her shares (NCFC) - Ben, Feb 15, 00:03:45
        
        It's notoriously difficult to put a value on a company (NCFC) - Worzel Scrimmage, Feb 15, 00:10:41
        
        and here is an example (NCFC) - Worzel Scrimmage, Feb 15, 00:14:37
        
        FFS (NCFC) - Bryan Salad Surgery, Feb 15, 00:05:24
        
        Let's cut the spin out of this (NCFC) - Ben, Feb 15, 00:11:11
        
        FFS (NCFC) - Bryan Salad Surgery, Feb 15, 00:19:42
        
        Which amounts to the same thing (NCFC) - Ben, Feb 15, 00:25:32
        
        ... (NCFC) - Yellalee, Feb 15, 00:26:49
        
        My memory fails me on this now, (NCFC) - Yellalee, Feb 15, 00:22:13
        
        the ?16m valuation comes from the figures on the official site (NCFC) - Ralf Scrampton, Feb 15, 00:01:37
        
        I'm Not an Accountant (NCFC) - SeattleSounders, Feb 14, 23:46:05
        
        not really, no (n/m) (NCFC) - Ralf Scrampton, Feb 14, 23:50:06
        
        No I don't think so (NCFC) - Bryan Salad Surgery, Feb 14, 23:48:17
  - No, no , no... (NCFC) - Ben, Feb 14, 23:07:29

Reply to Message

In order to add a post to the WotB Message Board you must be a registered WotB user.

If you are not yet registered then please visit the registration page. You should ensure that their browser is setup to accept cookies.