£60m the lot.

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Originally Posted by mickd1961

Just imagine the furore if JP bought us back!��




And then granted himself a large loan! ����

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I bet JP has turned his £200m into around £260m

I guess the 20 mill loan would also need to be paid off on top of the 60 million, other money would also need to be invested so we would need close to 100 Mill at least from any new owners.

If he has lowered his sale price, it most likely includes a write off/down of all existing loans on the books.
Still it may be enough to flush out some potential investors. If Wrexham can be sold?
Has to be someone out there interested?

Quote:

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Originally Posted by mickd1961

20,000 fans need to stump up £3000 each for a share to amass £60m.

I doubt 5,000 people could afford that but I might be wrong, it’s a terrible time for most people financially.

It might be time for Action For Albion to start a campaign to see how many people are willing to sign up for a share.

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This has to be a way forwards, I’m sure we would have a few that would buy a lot more than one share, also we wouldn’t need to buy out all of Lai’s holdings just enough to take control and elect a new chairman..

Quote:

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Originally Posted by mickd1961

20,000 fans need to stump up £3000 each for a share to amass £60m.

I doubt 5,000 people could afford that but I might be wrong, it’s a terrible time for most people financially.

It might be time for Action For Albion to start a campaign to see how many people are willing to sign up for a share.

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It seems A4A are not keem on the idea of a fan buyout they simply state

"unfortunately this is not a viable option at the minute we don’t think, it’s not just buying, it’s the support that's needed as it’s a loss making business"