Shareholders Utd
08 June 2005, 09:38 AM
#31
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Ah well time will tell... When Chelski resume business as Chelsea they will be the Shef Wed of the next decade and I will smile 
Until then for Man U - lets wait and see...
Whatever the outcome - SHU (as per the main thread purpose) is a waste of time and money IMO...
Until then for Man U - lets wait and see...Whatever the outcome - SHU (as per the main thread purpose) is a waste of time and money IMO...
08 June 2005, 09:56 AM
#33
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Originally Posted by Redkop
Not a waste of time or money for the people who set up SHU 
What will happen if their venture fails? They get to keep the money?
What will happen if their venture fails? They get to keep the money?
couldnt wish it on a better team
08 June 2005, 10:38 AM
#37
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Originally Posted by STi wanna Subaru
The fund will be maintained and they still wish to add to it. The view is that when Glazer's business plan fails and the debts become too crippling he will want out. when this happens the share price of the club will be rock bottom. They say one option would be to then buy as many shares as they could so the club is owned buy by the fans.
But there wont be any shares anymore as the club will be privatlely owned ????
08 June 2005, 10:44 AM
#38
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Originally Posted by letdown
But there wont be any shares anymore as the club will be privatlely owned ????
08 June 2005, 11:50 AM
#39
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Originally Posted by STi wanna Subaru
I'm pretty sure you are wrong about the 90%
This bloke will take United down of that I'm certain. Worst thing to happen to the club since 1958.
This bloke will take United down of that I'm certain. Worst thing to happen to the club since 1958.
If Glazer reaches 97.5 percent, he will have the right to squeeze out the remaining shareholders, a hard core of United fans who have vowed to fight the US financier to the last.
In a normal takeover the bar is 90 percent but because Glazer had such a high proportion of the shares before posting his offer document - 76.2 percent - he needs to get 90 percent of the remainder before the squeeze out can begin.
In a normal takeover the bar is 90 percent but because Glazer had such a high proportion of the shares before posting his offer document - 76.2 percent - he needs to get 90 percent of the remainder before the squeeze out can begin.
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