Quote:
Originally Posted by Owd Bob
Of course he NOW wants a piece of the action. When the winding up order took place he owned 51% of nothing, now he owns 51% of a debt-free football league club. As majority share holder he can basically do what he wants and go where he pleases. In my opinion he still owns the club.
Or am I mistaken?  |
Yeah, you are mistaken, Owd Bob - although you are correct in saying that he owned 51% of nowt a year or so ago. The club is still technically debt ridden but these days the debts are owed to IK, PM and the like - as well possibly to EW himself - and no longer to HMRC and various trade creditors.