Correct me if I'm wrong but...

According to the latest accounts for the Plc

User Posted Link

There are 584,000 authorised shares which would have to be bought at 35p a share giving £204,400 to buy out the plc which owns 12.5%

This is supposedly the same amount per share that ME was paid for the football club in rspect of his 87.5%

i.e. 100% of the Football club was sold for £1,635,200. The rest of the supposed "£40m" went direct to ME to pay off the "loans"

Nice work if you can get it - or am I wrong?

Posted By: biffbro on April 22nd 2021 at 23:30:27

Message Thread

Hell of an investment........ (Other Football) - usacanary, Apr 22, 20:59:11
- Correct me if I'm wrong but... (Other Football) - biffbro, Apr 22, 23:30:27
- That’s painful (n/m) (Other Football) - JoeyDeacon, Apr 22, 22:06:55
- #Shitcoin (n/m) (Other Football) - Tier2canary, Apr 22, 21:18:21
- I wonder how that compares to Norwich Shares (n/m) (Other Football) - Kar1, Apr 22, 21:07:11
  - Apparently (Other Football) - Kev, Apr 22, 21:20:18
    - Didn’t they hit around £90 a share at one point? (Other Football) - JoeyDeacon, Apr 22, 22:01:51
      - Yes but effectively they are only worth what Delia/Michael sell theirs for (Other Football) - biffbro, Apr 22, 23:40:06

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