[maccawozzagod]

well I hope that is the case Doug, because the way it appears in black and white would suggest that an individual could provide £501,000 and become the majority shareholder thus returning us back to six months previous. It might be more than what the company is actually worth but £501k isn't a lot of money to own a League 2 Football Club that is there or thereabouts solvent and profitable (possibly).

The sale of shares is going into the club rather than an individuals pocket and that coupled with the imminent influx of transfer money should provide a very healthy bank balance.


I too though would assume that some form of sub-text will be incorporated somewhere to disqualify profiteering.


As far as the ownership of current shares and transference is concerned, the current 'value' is 100k and the new value is 1m. Therefore divide your current % by 10 and you will have your new value in percentage should it be the case that transference is on the agenda.