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Thread: Vertu Trophy Round of 16

  1. #41
    Quote Originally Posted by mellowmiller View Post
    Anyone interested in buying the club would surely do proper due diligence so the "honest truth" would have to be exposed anyway.
    When the Stewart?s set up the company structure they were careful to set it up as multiple entities

    There?s a company that owns the club and a separate one that owns the ground. This was done to protect against the club going bust and creditors claiming the ground. Yes both companies might have the same directors and shareholders but it ring fences the ground

    So any potential buyer of RUFC would have to ensure purchase of all companies making up the whole entity we regard as RUFC

  2. #42
    Join Date
    Apr 2006
    Posts
    9,312
    Quote Originally Posted by Grist_To_The_Mill View Post
    When the Stewart?s set up the company structure they were careful to set it up as multiple entities

    There?s a company that owns the club and a separate one that owns the ground. This was done to protect against the club going bust and creditors claiming the ground. Yes both companies might have the same directors and shareholders but it ring fences the ground

    So any potential buyer of RUFC would have to ensure purchase of all companies making up the whole entity we regard as RUFC
    A lot of people think it's unlikely the Stewarts would make all companies available for sale or, if they did, the asking price would probably be prohibitive.
    I must admit I tend to share that view and as stated in another thread, what would a prospective buyer actually get for their money as the Stewarts don't even own the training ground?

  3. #43
    Join Date
    Dec 2005
    Posts
    5,607
    It's what any business man would do, protect the club, but at the same time protect his investments.

    But,,,,,,,,,,,remember what happen at Brighton when Archer was in charge.......utm.

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