
Originally Posted by
Red Zone
Completely agree with all of the above.
There has been a lot posted on here on what Cormack and his pals have or have not invested and is it just the training ground or is it more than that so let me try to answer it once and for all based on information published at Companies House.
Between June 2017 and November 2020 the total of new investment in the club is £18.3 Million. Just over half of that comes from Cormack himself so about £9.5 Million. Of the rest about £3.75 Million is from Crotty, £2.35 Million from Roger Lee (US money man), £2.2Million from Atlanta with the balance from other money men associated with Roger Lee.
At June 2020 the cost of the training ground was £13.3 Million so about £5 Million of the investment has gone towards funding the day to day operations.
As of today Cormack is the single biggest shareholder owning just over 38% of AFC. Cormack/Crotty/Atlanta/Lee etc combined own about 75% of AFC. As an aside Milne now only owns 12%