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Calm down lads yes he's a billionaire but he's nowhere near wealthy enough to have us winning titles. Also buying 49.9% means he's less likely to bankroll us when he doesn't even technically own half of the club's shares. If he continues buying and/or brings a partner in great but tbh right now it just seems like a wealthier Robert Earle scenario, with Bill still at the helm and Woods also at the club.
By definition its a investment as tight now he doesn't own the club completely. But as many have said already he will probably buy up shares elsewhere over time to assume total control. Only bill will be left I'd imagine in a more minor roleSo it's an investment Not a takeover? My head hurts lol
"Bill at the helm"Calm down lads yes he's a billionaire but he's nowhere near wealthy enough to have us winning titles. Also buying 49.9% means he's less likely to bankroll us when he doesn't even technically own half of the club's shares. If he continues buying and/or brings a partner in great but tbh right now it just seems like a wealthier Robert Earle scenario, with Bill still at the helm and Woods also at the club.
Believe me mate, I really want to be excited by this. I just have this horrible feeling that it won't turn out to be all it's cracked up to be. It's not like we haven't had extremely rich people on the board / as shareholders in recent years is it, I just hope like everyone else on this forum that some real investment is made in the playing staff / stadium and it really kicks us on. I'm just too used to drinking bleach mate!Its what i have wanted for years.
Im excited mate.
Huge statement to the players. Offer what you want for our boss talent. They are not for sale anymore.
Christ, i may even buy a lukaku named shirt now and get a few years use out of it ?
Calm down lads yes he's a billionaire but he's nowhere near wealthy enough to have us winning titles. Also buying 49.9% means he's less likely to bankroll us when he doesn't even technically own half of the club's shares. If he continues buying and/or brings a partner in great but tbh right now it just seems like a wealthier Robert Earle scenario, with Bill still at the helm and Woods also at the club.
Calm down lads yes he's a billionaire but he's nowhere near wealthy enough to have us winning titles. Also buying 49.9% means he's less likely to bankroll us when he doesn't even technically own half of the club's shares. If he continues buying and/or brings a partner in great but tbh right now it just seems like a wealthier Robert Earle scenario, with Bill still at the helm and Woods also at the club.
Thanks for any info. My guess and could be way off base is that there is an agreement in place to purchase the other majority shareholder after a transitional period. Possibly even funds and shares placed in a trust with a first option of purchase after x period of time. It has happened a couple of times in the states with sports teams.
My question is this, what is to stop him from just finding a minority shareholder some place and purchasing enough shares to put him over 50%? I wouldn't be upset at it mind you. But is there something legally that would prevent him from say finding 100 shares (or whatever the number is to put him at 50.1%) and paying a premium on those and having essentially full control?