Aberdeen Shareholders

[Mason89]

Thoughts on this recent development?

http://bit.ly/2EZ5Lt7

[redscot]

I really dont like the way our Club is being run...these seem like Dave King type tactics to me.

[RED_JOHN]

The multi multi millionaires who are desperate for the new stadium are looking for further investment from others to realise their Kingsford dream. No one should be helping them out financially as they themselves have more than enough funds to see their dream through.

[LED]

I really dont like the way our Club is being run...these seem like Dave King type tactics to me.

Actually no. Its the total opposite of that.

[Pacman1903]

Can't do anything but laugh

[Feck_the_Huns]

Thoughts on this recent development?

http://bit.ly/2EZ5Lt7

It reads to me that one particular shareholder would own over 30% of the total shares in the club, should he provide £2m of capital required to complete the training facility, and would then, by public limited company law rules, have to make an offer for the other shares in AFC, and that person (Cormack?) doesn’t wish to do so, hence the move to a private limited company, where that rule doesn’t exist.

[Mason89]

The money was in place for the training facility though. Surely if it wasn’t, they would’ve mentioned it at the transparency Q&A the other week?

[RED_JOHN]

The money was in place for the training facility though. Surely if it wasn’t, they would’ve mentioned it at the transparency Q&A the other week?

That’s why not one of us can trust our main shareholders.

[Feck_the_Huns]

The money was in place for the training facility though. Surely if it wasn’t, they would’ve mentioned it at the transparency Q&A the other week?

Exactly. The pant pishers will read today’s news and think we are £2m short but in reality, the extra dough is there and waiting and this is simply a paper exercise to prevent Cormack ( I assume) from having to make an offer for the other 70% of shares.

[deaconred]

Exactly. The pant pishers will read today’s news and think we are £2m short but in reality, the extra dough is there and waiting and this is simply a paper exercise to prevent Cormack ( I assume) from having to make an offer for the other 70% of shares.

Going from public limited company to a private limited company is a bit more than a paper exercise.

I'm no sure about all the name-calling - happy clappers, pant pishers etc - but the point you make about the extra (extra?) dough being there and waiting does, in fact, merely confirm that it is NOT there and immediately available. It also raises the question about how we can pay for the new stadium.

I've just checked. My pants are not yet pished - but at my age one has to be continually vigilant. Neither are my hands clapping happily.