on the minority shareholders point

for any small, majority owned company, being a minority shareholder usually doesn't amount to much, either by way of having a say, or in terms of financial expectation.

Anyone taking a (small) minority investment in the club is effectively giving their money away. I'm not sure I can remember how such share sales were presented (I always thought it was framed in terms of "helping the club") but I'd not have had any expectations for minority shareholders views in all of this (dispassionately it'd make no sense for the current or the prospective owners to put their money/rights at the mercy of a small group with a small (financial) stake).

It's for that reason that all of this is tied to loans and requires loops and loops of "if this, then that" clauses.

Posted By: Cardiff Canary, Sep 4, 12:08:44