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Old 02-06-2009, 09:59   #147
JEFF
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Re: Winding up proceedings

Quote:
Originally Posted by Outback Ozzy View Post
C'mon swallow your pride and listen to what the supporters and Ilyas have to say and what the club are being offered!!
I think that is where the problem lies. It is the CLUB that is being offered help not Eric. If we have a share issue then the money raised goes to the club and Eric still has his original shares unsold. What Eric would rather have is somebody come in and buy his shares then the money would go into his back pocket, but the club would still be in trouble. If we go down the road that Ilyas suggests Eric will still have his shares but would probably not be the major shareholder or be in sole control of the club. Decisions would have to be made by a vote and not just by him. I don't think he would like that, but at least the CLUB would benefit finacially by a share issue. As Ozzy says it is time for Eric to listen to what Ilyas is saying or his shares will end up being worth NOTHING.
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