Maybe I’m reading it wrong but don’t they actually own 72% of the club?

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Key Shareholding information:

Last updated July 14, 2020

Ordinary Shares - shareholders over 10%:
Michael Wynn Jones and Delia Smith - 53%
Michael Foulger - 13%

B Preference Shares - Shareholders over 10%:
Michael Wynn Jones and Delia Smith - 19%
Trustees of BPP Pension Fund - 12%

Leaving only 3% for the other fans

Posted By: Ben, Oct 8, 18:56:52

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