View Single Post
Old 02-06-2010, 21:30   #41
Wynonie Harris
Super Moderator


 
Wynonie Harris's Avatar
 

Re: Coley & Jimmy Demand Contract Resolution

Quote:
Originally Posted by Shurm View Post
Sorry but all the money Ilyas put in to save the club is that now a debt owed by the club back to him ?
Shurm, would you have preferred Ilyas to have just given the money as an unconditional gift? Because if he had, EW would still have the power of his 51% shareholding behind him. As I understand it, the money Ilyas has put in could be converted into shares, thus giving Ilyas effective control of the club if need be. Surely that's a better option than just handing the dosh over?
__________________
Wynonie Harris is offline   Reply With Quote