So basically this means Patrick Cryne owned the 1 share & 100% of club. By splitting into 1,000 shares he could sell 499 to investors & keep control or obviously sell as much as he wants and keep a small share
Barnsley split the club's one £1 share into 1,000 0.01pence shares. Possible new owners taking stake in club?
So basically this means Patrick Cryne owned the 1 share & 100% of club. By splitting into 1,000 shares he could sell 499 to investors & keep control or obviously sell as much as he wants and keep a small share
Just a technical accounting procedure.
If tha Googles AGC Nice tha'll find the ownership is split between 80% various names in Mister Lee's Investment Group and 20% the previous owner. Will ev the same here.
One thing tha can be sure of--Mister Lee's accountants/ legal team will ev made sure thuz only one winner in this.
Rev Preedy al be turning in his grave praying "Lord help them for they do not know what they do"
Last edited by SBRed48; 12-09-2017 at 09:37 AM.
Av got sum old shares , wunda if mister Lee wanty