I think with the outstanding shares, provided they’ve managed to get hold of Kenwrights to take them over 95%, they may well leave them alone for now.
Their value most certainly will have been diluted to write off some of the director loans, so unfortunately any revaluing of them comes with the territory of being a shareholder I suspect.
All that talk of ‘haircuts’ over debt didn’t simply apply to MSP / 777 and the like unfortunately.
If they ever plan to list ‘Everton FC’ on a stock market they most certainly will hoover up the remaining shares at a substantial discount over the £3.5k or whatever the going rate for them was imho.
As things stand though, I suspect if they’re over 95% of the shareholding they’ll leave the rest ‘as is’ as it’s not worth the headache of upsetting however many remaining shareholders there are as they have no meaningful say in the running of the club nor are TFG obligated to even consult with them as I understand it.
Their value most certainly will have been diluted to write off some of the director loans, so unfortunately any revaluing of them comes with the territory of being a shareholder I suspect.
All that talk of ‘haircuts’ over debt didn’t simply apply to MSP / 777 and the like unfortunately.
If they ever plan to list ‘Everton FC’ on a stock market they most certainly will hoover up the remaining shares at a substantial discount over the £3.5k or whatever the going rate for them was imho.
As things stand though, I suspect if they’re over 95% of the shareholding they’ll leave the rest ‘as is’ as it’s not worth the headache of upsetting however many remaining shareholders there are as they have no meaningful say in the running of the club nor are TFG obligated to even consult with them as I understand it.