surely one relevant question here

is how much they have put into the club to end up with a shareholding worth just shy of £10m?

I have no idea of the answer to that.

But imagine it was a million. Well then I'd hope the answer would be that they would hand that shareholding over for a *lot* less than it's now worth.

If, on the other hand, they've sunk in £20m to end up with £10m worth of assets - well then it doesn't seem unreasonable to me that they would ask for at least some of that back by asking an investor to pay face value for the shares.

TH

Posted By: Tricky Hawes, Oct 21, 20:02:50