Quote Originally Posted by stokearab View Post
But if this "loan" carried with it the condition of shares or a seat on the board no wonder MO got offended. We'll maybe never know but it sounds like the principals of DUSF massively overplayed their importance here, seriously annoyed Mr Ogren and he's lost trust and patience with them.

Also, for DUSF to admit that they were putting a deal to MO without having put it to their members first doesn't sit well with me.

I give the benefit of the doubt 100% to the Club in this.


Bit in bold, the Foundation were simply talking to the club about investment, if a proposal with the club was agreed, the members would then vote on whether to go for it.

They can't just fire on and throw money at something.

That's my understanding.