I would have thought that the ownership remains with those who have the most voting rights

which is still Delia and hubby. The club may loans which are underwritten by his companies but that doesn't equate to voting rights or de facto ownership.

Posted By: The Gaffer on June 8th 2024 at 13:02:59

Message Thread

Our joint American owner now wants to buy a stake in Benfica! God help us (NCFC) - Thegelman, Jun 8, 10:57:49
- WW2 (n/m) (NCFC) - Bristol Graham, Jun 8, 11:44:21
- Might get some of their players or loan them our youths (NCFC) - footymadman, Jun 8, 11:24:54
  - Or might get his stake in us sold to fund it (n/m) (NCFC) - Legacy Fan, Jun 8, 11:26:33
    - Oh 😯 (n/m) (NCFC) - footymadman, Jun 8, 11:27:18
      - Oh dear. How sad. Nevermind etc (NCFC) - CWC, Jun 8, 12:33:51
        
        Saved us millions in interest payments tbf (n/m) (NCFC) - loz, Jun 8, 12:41:45
        
        Any investor could have done that (NCFC) - CWC, Jun 8, 13:21:25
- Fell out with Delia already, she reiterated the "we will never sell" (NCFC) - SenatusAcademicus, Jun 8, 11:12:35
  - 🍆 (n/m) (NCFC) - protheroe fitzgibbon, Jun 8, 11:37:57
  - Why make stuff up? (n/m) (NCFC) - Cardiff Canary, Jun 8, 11:37:01
    - Because just like the real world.... (NCFC) - usacanary, Jun 8, 14:28:52
  - Except the amount Delia/club now owe makes him… (NCFC) - loz, Jun 8, 11:16:48
    - Don’t think Delia owes him anything (n/m) (NCFC) - SimonOTBC, Jun 8, 11:36:06
      - Club does though and Delia can’t settle those debts any time soon (n/m) (NCFC) - loz, Jun 8, 11:46:50
        
        The club’s debts aren’t Delia’s though, it’s corporate law 101 (n/m) (NCFC) - SimonOTBC, Jun 8, 12:04:38
        
        Yep but he is de facto owner now the club are on the hook to … (NCFC) - loz, Jun 8, 12:07:48
        
        I would have thought that the ownership remains with those who have the most voting rights (NCFC) - The Gaffer, Jun 8, 13:02:59
        
        Equal shareholders/voting rights now no ?.., (NCFC) - loz, Jun 8, 13:05:46
        
        But if he's agreed to vote in lockstep then he's relinquished his ownership rights. (n/m) (NCFC) - The Gaffer, Jun 8, 13:19:42
        
        Only until Jan 2026 though (n/m) (NCFC) - loz, Jun 8, 13:37:23
        
        Overall you are correct (NCFC) - Chair_of_the_Bored, Jun 8, 16:48:22
        
        Inclined to agree hopefully it will be expedited (n/m) (NCFC) - loz, Jun 8, 17:48:09
        
        What about the players we sold last year? Is the debt not going down? (n/m) (NCFC) - Thegelman, Jun 8, 11:57:00
        
        Debt down as parachutes cleared a chunk … (NCFC) - loz, Jun 8, 12:04:41
        
        Thanks. I guess that’s why we sold Tzolis for £3m then and part The defender with the (NCFC) - Thegelman, Jun 8, 13:06:30
- ww2 (n/m) (NCFC) - Chris Peacock, Jun 8, 10:59:30

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