Summerts not reyt

[SBRed48]

That's a good reasoned analysis Arbs and could well be the core of the problem.

What your analysis means though is that we have a Chairman who presently has no incentive to develop the club in case it increases the value of Lee's shares.

Lee has wealth behind him of his own, not his family's or her husbands. ( Before the JAQ Defence League pile in it was her husband's Hedge Fund that invested) A few million at a Third tier club in England can just sit there with no pressure from anyone until he gets a reasonable offer--at least his money back and a little bit of lost money interest. Parekh has maxed out the Share Rights Card and there is little value left in the club to back up getting income from offering shares.

As a final note. I do not blame solely Parekh for the present situation. I think if you go back to the takeover time when most were lauding Lee I said he was a wrong 'un.