Callum Buying Shares
If Peter Callum strikes a deal with Delia and Michael for their 60+%, then he'll be obliged to buy the rest of the shareholding in the Club.
I'm a small shareholder, like many fans, who came together to invest in the Club's hour of need. It was an emotional investment, but it has given me a part of my football club.
If I'm forced to sell at Callum's price, between ?30-?60 a share, I'll make a profit. But I'll be out of owning a small piece of my Club, I'll be a few quid ahead. The Club will have money for transfers, an ability to buy better players, but ex shareholders will have nothing but 'a fan on the Board', and no information on the finances and the way the Club is run.
I suppose that this is the future.
cc
Posted By: cheshire canary on July 9th 2008 at 21:07:36
Message Thread
- Callum Buying Shares (NCFC) - cheshire canary, Jul 9, 21:07:36
- If Cullum acquires more than 29.9% of shares is it? he has to offer to buy all of them? (NCFC) - norfolkbroadslim, Jul 9, 21:46:13
- You have to put them on ebay and have a buy it now price of ?30 (n/m) (NCFC) - Trent_Canary, Jul 9, 21:49:53
- its CULLUM (NCFC) - Worzel Scrimmage, Jul 9, 21:29:35
- Except it's not (NCFC) - Yellow_Monkey, Jul 9, 21:43:33
- I stand corrected - Peter "king of deals" Cullum (n/m) (NCFC) - Worzel Scrimmage, Jul 9, 23:05:15
- Except it's not (NCFC) - Yellow_Monkey, Jul 9, 21:43:33
- On the other hand (NCFC) - Mr Creosote, Jul 9, 21:22:14
- If the buyout is not total (NCFC) - Cannydc, Jul 9, 21:16:16
- My understanding is that he's only obliged to make an offer (NCFC) - King, Jul 9, 21:14:47
- wot e sed vvvvvvv (n/m) (NCFC) - King, Jul 9, 21:21:34
- You dont have to sell your shares unless he purchases about 95% of them (n/m) (NCFC) - Trent_Canary, Jul 9, 21:14:03
- 95%? (NCFC) - yorkyellow, Jul 9, 22:24:07
- just sell em and let the club go forward-tell delia the same (n/m) (NCFC) - selwyn, Jul 9, 21:12:41
- If Cullum acquires more than 29.9% of shares is it? he has to offer to buy all of them? (NCFC) - norfolkbroadslim, Jul 9, 21:46:13
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