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Thread: Mike Martin Buys Justine Mitchell's Shares. Allegedly.

  1. #11
    Join Date
    Aug 2003
    Posts
    2,962
    Quote Originally Posted by PortugueseFrank View Post
    So MM and Trust buy ST out?

    MM and ST are business partners in another company and now in United. I doubt he'll be looking at buying ST out.
    Any port in a storm - and this is a ****storm - but yes, this would probably be worse.

    Oh for a Euromillionaire... wait...


  2. #12
    Join Date
    Feb 2017
    Posts
    1,118
    He said to the SLG we will break even if we finish 6th in Prem. He described that as a "modest" aim.

    The boys on a different planet if thinks 6th in Prem is realistic or modest.

    Can't believe he's say something like that to supporters.

    I'm all for ambition but don't come out with that kind of ridiculous pish.

    We'd be lucky to stay up.

  3. #13
    Quote Originally Posted by PortugueseFrank View Post
    He said to the SLG we will break even if we finish 6th in Prem.
    When did he say that? Surely not recently?

  4. #14
    Join Date
    Feb 2017
    Posts
    1,118
    According to arabtrust's update

  5. #15
    Join Date
    Feb 2017
    Posts
    1,118
    https://twitter.com/arabtrust1909/st...87997157367808

    Second image. Bottom third.

    Christ.

  6. #16
    It seems bizarre to me that the break even point, given current circumstances, would be 6th place in the league above the one we are playing in. Surely they need to budget for where we are?

  7. #17
    Join Date
    Feb 2017
    Posts
    1,118
    That may be on a Prem budget. Increased revenue allows increased budgets.

    May not be a reference to the current situation. Which won't be break even either.

  8. #18
    Join Date
    Apr 2016
    Posts
    812
    Justine maybe got rid for their present true worth to distance herself from everything and get out now.

    Maybe realised that bruv’s never going to get club back into a position for her to realise previous value they may have had.

  9. #19
    Join Date
    Sep 2009
    Posts
    16,058
    Quote Originally Posted by PortugueseFrank View Post
    Mike Martin is ST's pal. They embarked the Jets thing together and own a company call United Group something or other.

    Interestingly. And if my comany law is correct. Doesn't MM have to make an offer for all the shares by virtue of reaching the magic 25% mark? Which would mean all shareholders having to be approached my him by law.

    As we see with dodgy Dave King at Rangers.

    Edit. I'm wrong. 30% is the magic number.
    My understanding is the 30% trigger only applies to publicly listed companies Frank. Given that United is privately owned don't think this would apply.

  10. #20
    Join Date
    Feb 2017
    Posts
    1,118
    Cheers.

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