"'In the case of someone seeking to take control of the club and at the same time invest ?20m in the playing squad this would take a minimum of ?56m.'
The figure includes ?16m to buy up shares at the current issue price of ?30 each, ?16m to pay off the club's bank debt, which would be called in if a takeover went through, and ?4m to repay loans from directors. "
The actual price is 16m.
Posted By: Steve in Holland, Mar 3, 13:06:34
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