Thu Mar 11, 2010 7:42 pm
Dange wrote:Before I get my hopes up.........Annis/Carl how do you rate our chances of this happening??
Thu Mar 11, 2010 7:51 pm
carlccfc wrote:I learned today that Steve Borley is in Malaysia working on a deal to sell the club to the malaysians using the 'drag on' option in the company's constitution.
Basically a 'drag on' means that if 51% of the shareholders agree a price then the other 49% have to sell.
I was informed that the club is being offered for less than 10p a share, meaning that Guy, Hall will take the biggest hits as they are the largest shareholders but now they have the hotel land along with the retail park they are quite relaxed about it.
A stumbling block is that so far there is not, I believe, 51% of shareholders yet, who agree in principal to this strategy but they are very close.
BETWEEN PAUL GUY, MIKE HALL, PMG ESTATES,ALAN WHITELY AND STEVE BORLEY THERE IS 39.47% SHARES.
THE QUESTION IS WHO WILL SUPPLY THE OTHER 11.53%.
RUDGWICK OWN 4.65% SO THAT MAYBE A STARTER.
This is the way that the board can get rid of PR without him getting his £1 million handshake and also not making on his 'GIFTED' shares too
Thu Mar 11, 2010 7:54 pm
byron moreno wrote:carlccfc wrote:I learned today that Steve Borley is in Malaysia working on a deal to sell the club to the malaysians using the 'drag on' option in the company's constitution.
Basically a 'drag on' means that if 51% of the shareholders agree a price then the other 49% have to sell.
I was informed that the club is being offered for less than 10p a share, meaning that Guy, Hall will take the biggest hits as they are the largest shareholders but now they have the hotel land along with the retail park they are quite relaxed about it.
A stumbling block is that so far there is not, I believe, 51% of shareholders yet, who agree in principal to this strategy but they are very close.
BETWEEN PAUL GUY, MIKE HALL, PMG ESTATES,ALAN WHITELY AND STEVE BORLEY THERE IS 39.47% SHARES.
THE QUESTION IS WHO WILL SUPPLY THE OTHER 11.53%.
RUDGWICK OWN 4.65% SO THAT MAYBE A STARTER.
This is the way that the board can get rid of PR without him getting his £1 million handshake and also not making on his 'GIFTED' shares too
fantasyland sorry.
Thu Mar 11, 2010 8:01 pm
Thu Mar 11, 2010 8:02 pm
CityGent wrote:Thank you Carl
Sounds very realistic and extremely promising.
Thu Mar 11, 2010 8:03 pm
CityGent wrote:Thank you Carl
Sounds very realistic and extremely promising.
Thu Mar 11, 2010 8:04 pm
Thu Mar 11, 2010 8:05 pm
Thu Mar 11, 2010 8:06 pm
Forever Blue wrote:CityGent wrote:Thank you Carl
Sounds very realistic and extremely promising.
It is Realistic, but we live in hope
Thu Mar 11, 2010 8:09 pm
carlccfc wrote:CityGent wrote:Thank you Carl
Sounds very realistic and extremely promising.
No probs Nice to have seen you on Sat, it's been a long time
Thu Mar 11, 2010 8:10 pm
Thu Mar 11, 2010 8:12 pm
Thu Mar 11, 2010 8:32 pm
carlccfc wrote:ihatealiens wrote:I think since 62 proposed that strategy on the other board today
OK didnt realise that,
Thu Mar 11, 2010 8:37 pm
Thu Mar 11, 2010 8:53 pm
Thu Mar 11, 2010 9:06 pm
ccfclover wrote:But they would still be lumbered with all the debt - i cant see them going for it but i pray like the rest of you!
Thu Mar 11, 2010 9:06 pm
Thu Mar 11, 2010 9:07 pm
Thu Mar 11, 2010 9:08 pm
Thu Mar 11, 2010 9:08 pm
Thu Mar 11, 2010 9:09 pm
Wayne S wrote:So who can put the following list into two columns, one headed by PMG and Borley, the other headed by PR. Perhaps then we can see who we need to threaten to swap sides.
PMG Estates Ltd (15.4%)
Robert Peter Ridsdale (10.1%)
Steve Borley (7.9%)
Paul Guy (5%)
Rudgwick Ltd (4.5%)
Richard Crane (3.9%)
Seymour Pierce Ltd (3.9%)
Ludlow Street Investment Corporation (3.9%)
Triple-I Holdings Ltd (3.4%)
David Alan Whiteley (3.1%)
Nigel Roberts (3.1%)
M&A Solicitors LLP (1.9%)
S Dudley & Sons Ltd (1.5%)
Office Visions (Wales) Ltd (1.5%)
Terry Melia (1.5%)
Gareth Williams (1.5%)
Bryn Meadows Golf Club (1.5%)
Richard Gardener (1.5%)
Fitel Nominees Ltd (1.5%)
David Herbert (1.5%)
John Herbert (1.5%)
Frank Moloney (1.5%)
Vince McNabb (1.5%)
Evans Electrica (1.2%).
Geoffrey Palmer (1.2%)
Alan Flitcroft (1%)
Dave Jones (1%)
Nick Iacono (0.8%)
Willis Systems Ltd (0.3%)
Annis Abraham Jnr (0.2%)
Michael Isaac (0.1%)
Thu Mar 11, 2010 9:11 pm
carlccfc wrote:Wayne S wrote:So who can put the following list into two columns, one headed by PMG and Borley, the other headed by PR. Perhaps then we can see who we need to threaten to swap sides.
mike hall is missing from your list
Thu Mar 11, 2010 9:14 pm
carlccfc wrote:Wayne S wrote:So who can put the following list into two columns, one headed by PMG and Borley, the other headed by PR. Perhaps then we can see who we need to threaten to swap sides.
PMG Estates Ltd (15.4%)
Robert Peter Ridsdale (10.1%)
Steve Borley (7.9%)
Paul Guy (5%)
Rudgwick Ltd (4.5%)
Richard Crane (3.9%)
Seymour Pierce Ltd (3.9%)
Ludlow Street Investment Corporation (3.9%)
Triple-I Holdings Ltd (3.4%)
David Alan Whiteley (3.1%)
Nigel Roberts (3.1%)
M&A Solicitors LLP (1.9%)
S Dudley & Sons Ltd (1.5%)
Office Visions (Wales) Ltd (1.5%)
Terry Melia (1.5%)
Gareth Williams (1.5%)
Bryn Meadows Golf Club (1.5%)
Richard Gardener (1.5%)
Fitel Nominees Ltd (1.5%)
David Herbert (1.5%)
John Herbert (1.5%)
Frank Moloney (1.5%)
Vince McNabb (1.5%)
Evans Electrica (1.2%).
Geoffrey Palmer (1.2%)
Alan Flitcroft (1%)
Dave Jones (1%)
Nick Iacono (0.8%)
Willis Systems Ltd (0.3%)
Annis Abraham Jnr (0.2%)
Michael Isaac (0.1%)
mike hall is missing from your list
Thu Mar 11, 2010 9:20 pm
Thu Mar 11, 2010 9:20 pm
Thu Mar 11, 2010 9:24 pm
Forever Blue wrote::lol: I want to be vice Chairman to The Malaysians
Thu Mar 11, 2010 9:25 pm
ccfclover wrote:Forever Blue wrote::lol: I want to be vice Chairman to The Malaysians
f**k me i need my glasses.....you dont look Malaysian to me
Thu Mar 11, 2010 9:42 pm
Forever Blue wrote::lol: I want to be vice Chairman to The Malaysians
Thu Mar 11, 2010 9:44 pm
Wayne S wrote:Forever Blue wrote::lol: I want to be vice Chairman to The Malaysians
Are You Sure?
I have visions of a fans protest march 4 years down the line against the new regime. Not sure you would like your face all over banners.
Thu Mar 11, 2010 10:27 pm
Dange wrote:Before I get my hopes up.........Annis/Carl how do you rate our chances of this happening??