Quote:
Originally Posted by Haggis316
I have read a lot of misconceptions on here and elsewhere about the alleged motives of ASSF and Ilyas.
As I understand it:
ASSF are proposing a public share issue equivalent to 50% of the club's issued share capital.
ASSF would be underwriting it so they would only take up what shares the public (which might for these purposes include David O'Neill and other directors) did not subscribe to.
What would be so power grabbing about that????
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That's the theory, let's see how reality pans out!