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Power gets a right slagging on the OS
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Topic: Power gets a right slagging on the OS (Read 5411 times)
Barry Scott
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Posts: 9113
Power gets a right slagging on the OS
«
Reply #45 on:
Tuesday, October 30, 2007, 10:01:47 »
Noticed this and something possibly stupid came to me. Hopefully someone with a knowledge of these things can help...
"As far as I am concerned he has bought shares in the club. If he wants to trade them then I am happy with that."
So MD implied shares in the Club, when it has always been stated it's the holding company, but this raised a question with me.
In the real world the club can't be worth £1.2m, so therefore can a judge rule that BP has to take an equity holding from the club (not the 'holding' company) in relation to his £1.2m?
It may sound a bit silly, but baring in mind the illiquid nature of the club, could it be ruled that for £1.2m BP is entitled to the 100% of the clubs shares?
It may be a shit return on investment (as he'd be buying £xxm of debt within a cash greedy company, as opposed to getting £1.2m), but can a judge demand ssw writes STFC shares over to BP as payment?
I don't see it as a possibility, it's pretty "outhere", just wondered. Plus the thought of BP being given an equity stake in STFC and the right to attend meetings and more would be a touch amusing.
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pauld
Aaron Aardvark
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Posts: 25436
Absolute Calamity!
Power gets a right slagging on the OS
«
Reply #46 on:
Tuesday, October 30, 2007, 10:45:25 »
Quote from: "Lumps"
Someone ought to remind Mikey boy that the laws of slander and libel apply to him as well. It's all very well him slagging off Paul D
Meh, I've had much worse things said about me by much better men. Not worth the time and effort.
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Phil_S
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Posts: 1534
Who changed my Avatar ?!
Power gets a right slagging on the OS
«
Reply #47 on:
Tuesday, October 30, 2007, 11:11:16 »
Didn't Mikey D say that he is busy issuing extra sgares to make other smaller shareholdings, insignificant.
I know its a Private Co, but if Bill is alleged to own shares, wouldn't he be entitled to vote on the sale of the club or what ever. I own a very samll number of shares in some large plc's & get a vote on everything. And they can't even decide on what % of the Co, Bill is supposed to own.
Muppets, the lot of them
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From the Dark Side
donkey
Cheers!
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Posts: 7038
He headed a football.
Power gets a right slagging on the OS
«
Reply #48 on:
Tuesday, October 30, 2007, 19:10:40 »
Quote from: "pauld"
Quote from: "Lumps"
Someone ought to remind Mikey boy that the laws of slander and libel apply to him as well. It's all very well him slagging off Paul D
Meh, I've had much worse things said about me by much better men. Not worth the time and effort.
Cheers Paul
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Quote from: chalkies_shorts on Wednesday, February 18, 2015, 07:15:34
donkey tells the truth
I headed the ball.
eeeeeeeeeeeeeee-aaaaaaaawwwwwww
Simon Pieman
Original Wanker
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Posts: 36318
Power gets a right slagging on the OS
«
Reply #49 on:
Tuesday, October 30, 2007, 21:45:38 »
Quote from: "donkey"
Quote from: "pauld"
Quote from: "Lumps"
Someone ought to remind Mikey boy that the laws of slander and libel apply to him as well. It's all very well him slagging off Paul D
Meh, I've had much worse things said about me by much better men. Not worth the time and effort.
Cheers Paul
Shouldn't that be?:
Cheers,
Donkey
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donkey
Cheers!
Offline
Posts: 7038
He headed a football.
Power gets a right slagging on the OS
«
Reply #50 on:
Wednesday, October 31, 2007, 17:19:41 »
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Quote from: chalkies_shorts on Wednesday, February 18, 2015, 07:15:34
donkey tells the truth
I headed the ball.
eeeeeeeeeeeeeee-aaaaaaaawwwwwww
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