Well yes
He pays the club ?20 million for shares. The club then has ?20 million new money to spend. And if he has control and says "players", then players it is.
Posted By: Mr Creosote on June 30th 2008 at 09:47:11
Message Thread
- The Cullum offer (NCFC) - Jim, Jun 30, 08:50:07
- I wouldn't get too frothed up about it, (NCFC) - Small, Jun 30, 09:34:32
- he has a 70% stake in a company worth 3 billion (NCFC) - phrankin, Jun 30, 09:36:33
- And intends to get out in the next couple of years (NCFC) - Jim, Jun 30, 09:37:55
- he has a 70% stake in a company worth 3 billion (NCFC) - phrankin, Jun 30, 09:36:33
- This lays to rest all that 'who buys a championship club' CRAP previously spouted (n/m) (NCFC) - phrankin, Jun 30, 09:31:20
- Neither would be my guess (NCFC) - Mr Creosote, Jun 30, 09:24:52
- and is he suggesting it should be enough to make him majority shareholder? (NCFC) - Tricky Hawes, Jun 30, 09:31:53
- Off the top of my head the answer is it's not outlandish (NCFC) - Mr Creosote, Jun 30, 09:37:37
- He appears to me to be saying the ?20m is for players (NCFC) - Jim, Jun 30, 09:41:16
- Well yes (NCFC) - Mr Creosote, Jun 30, 09:47:11
- The two aren't separate like that. (NCFC) - Tricky Hawes, Jun 30, 09:45:17
- ah. Right. (NCFC) - Tricky Hawes, Jun 30, 09:40:59
- He appears to me to be saying the ?20m is for players (NCFC) - Jim, Jun 30, 09:41:16
- seems strange it took them 6 months to talk.... (NCFC) - phrankin, Jun 30, 09:34:14
- Off the top of my head the answer is it's not outlandish (NCFC) - Mr Creosote, Jun 30, 09:37:37
- and is he suggesting it should be enough to make him majority shareholder? (NCFC) - Tricky Hawes, Jun 30, 09:31:53
- I wouldn't get too frothed up about it, (NCFC) - Small, Jun 30, 09:34:32
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