Shareholders
- Thread starter harry
- Start date
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Yorkshire Vixen
Active Member
nice to see the who represented..
Real Sharapova
Well-Known Member
fcukcov
Active Member
Real Sharapova
Well-Known Member
Just got it, very good YV!
You win second prize, which is a crumpled copy of the puff piece for Mandy in today's Mockery.
Durham Fox
El Dude Brother.
Whatever someone is willing to pay.
Durham Fox
El Dude Brother.
the later or the club could issues more shares at a price they decide.
i see!
so whoever buys the club will be buying the shares of the current shareholders. is there a maxium amount they can buy to take control or can they buy all the share of everyone and own 100% of the club?
Durham Fox
El Dude Brother.
Buying 51% buys a majority stake, once they have 75% they are in control and once they have 90%, the holders of the 10% remaining have to sell them.
cheers Duzza
i assume then Andrew Taylor has been appointmented chairman by the board as he doesnt hold the most shares.
I also remember reading somewhere that someone buying a business cant buy more that 70% of the shares, or is this only the case if it is a PLC and floated on the stockmarket?
Durham Fox
El Dude Brother.
Im not sure where you are coming from on either of those points
well AT is the chairman, how did he get that position if he doesnt hold the 51% majority stake?
as for the second point im pretty sure i heard that someone cant take over 100% of a company, buying it stright out. If i remember i heard it in relation to a chap trying to buy a football club but due to international law he couldnt buy it all out so he didnt bother in the end.
Durham Fox
El Dude Brother.
Ok gotcha, there is no majority shareholder currently so Andrew Taylor has been given the job, he is paid though.
Not sure about that Scarb.
wicked cheers Duzza!
on a related note, if we were still a PLC and fans could buy the shares like before, is there an unlimited amount of shares you can buy?
Durham Fox
El Dude Brother.
There no limit of shares you can buy in a PLC to my knowledge, could be worng though.
right if that was the case you could if you have the money directly buy more shares than the majority shareholder and take over the club?
Real Sharapova
Well-Known Member
First point, all the board ( including AT ) are appointed by the shareholders.
Second point, not correct.
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