If Pompey go bust who stands to lose points ?
in [Manchester United]
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From: nigel on 20 Feb 2010 14:28 REDDEVIL6(a)nospam.net wrote: > Arsenal's ownership looks likely to remain in limbo for the rest of > the season, despite US sports mogul Stan Kroenke taking his stake to > within 17 shares of the 30 per cent limit, at which he would have to > launch a formal takeover. > Kroenke is not expected to do so until he can be sure the biggest > shareholders outside of his current allies on the board will sell to > him. > Kroenke is likely to begin the long game of sounding out either or > both of Red and White Holdings, who represent 26 per cent of the > shares and are controlled by Alisher Usmanov and Farhad Moshiri, and > Lady Nina Bracewell-Smith, ejected from the board last year but still > with 15.9 per cent of the shares, to establish at what price they > would sell. > Kroenke is just 17 Arsenal shares away from being obliged to launch > a formal takeover of the Premier League club My understanding is that even if Kroenke makes an offer there's no guarantee that anyone will sell their shares to him. If he manages to scrape above 50%, he will have effective control of the club but not be able to buy out the minority shareholders unless he gets substantially more. I'm not sure what the percentage is but above a certain limit (which Kraft have achieved with Cadburys unfortunately) they are automatically allowed to force the rest to sell their shares but below that they have to apply for permission to nuke the remaining shareholders. Arsenal could easily end up in perpetual limbo with no overall control.
From: Baldoni on 20 Feb 2010 17:45 Pakistan Meteorological Department wrote : > REDDEVIL6(a)nospam.net wrote: > >> On Fri, 19 Feb 2010 23:16:35 +0000, italiancar(a)gmail.com (SteveH) >> wrote: >> >> >>>Pakistan Meteorological Department <PMD(a)SIBU.HQ> wrote: >>> >>> >>>>I simply refuted his point that Aresenal (LOL @ Pope) will be owned by >>>>whoever decided to buy them. >>>> >>>>This is certainly not the case, in theory. >>> >>>Given the debt situation there, I don't think any of the 'cartel would >>>be in a position to refuse any reasonable looking offer if one was >>>tabled. >> >> >> >> Stan Kroenke has taken his stake to within 17 shares of the 30 per >> cent limit, at which he would have to launch a formal takeover (which >> if he reaches he couldn't be stopped from buying the club). > > > Shall I dig the rules out again for you? Drivel is obsessed with the Arsenal and will say anything. He hates it more so today as we had a 2-0 win and Utd were caned 3-1 at Everton. -- Count Baldoni In hoc signo vinces
From: REDDEVIL6 on 20 Feb 2010 18:12 On Sat, 20 Feb 2010 22:45:56 GMT, Baldoni <BaldoniXXV(a)googlemail.com> wrote: >Pakistan Meteorological Department wrote : >> REDDEVIL6(a)nospam.net wrote: >> >>> On Fri, 19 Feb 2010 23:16:35 +0000, italiancar(a)gmail.com (SteveH) >>> wrote: >>> >>> >>>>Pakistan Meteorological Department <PMD(a)SIBU.HQ> wrote: >>>> >>>> >>>>>I simply refuted his point that Aresenal (LOL @ Pope) will be owned by >>>>>whoever decided to buy them. >>>>> >>>>>This is certainly not the case, in theory. >>>> >>>>Given the debt situation there, I don't think any of the 'cartel would >>>>be in a position to refuse any reasonable looking offer if one was >>>>tabled. >>> >>> >>> >>> Stan Kroenke has taken his stake to within 17 shares of the 30 per >>> cent limit, at which he would have to launch a formal takeover (which >>> if he reaches he couldn't be stopped from buying the club). >> >> >> Shall I dig the rules out again for you? > >Drivel is obsessed with the Arsenal and will say anything. He hates it >more so today as we had a 2-0 win and Utd were caned 3-1 at Everton. I loved it when we thrashed you 3-1 a couple of weeks ago
From: DC on 21 Feb 2010 05:41 Baldoni wrote: >>> >>> Stan Kroenke has taken his stake to within 17 shares of the 30 per >>> cent limit, at which he would have to launch a formal takeover (which >>> if he reaches he couldn't be stopped from buying the club). >> >> >> Shall I dig the rules out again for you? > > I am obsessed with man utd and will say anything. I loves it > more so today as we had a 2-0 win and Utd were caned 3-1 at Everton. > Hey balders corrected for accuracy
From: Baldoni on 21 Feb 2010 07:35
REDDEVIL6(a)nospam.net explained : > On Sat, 20 Feb 2010 22:45:56 GMT, Baldoni <BaldoniXXV(a)googlemail.com> > wrote: > >> Pakistan Meteorological Department wrote : >>> REDDEVIL6(a)nospam.net wrote: >>> >>>> On Fri, 19 Feb 2010 23:16:35 +0000, italiancar(a)gmail.com (SteveH) >>>> wrote: >>>> >>>> >>>>> Pakistan Meteorological Department <PMD(a)SIBU.HQ> wrote: >>>>> >>>>> >>>>>> I simply refuted his point that Aresenal (LOL @ Pope) will be owned by >>>>>> whoever decided to buy them. >>>>>> >>>>>> This is certainly not the case, in theory. >>>>> >>>>> Given the debt situation there, I don't think any of the 'cartel would >>>>> be in a position to refuse any reasonable looking offer if one was >>>>> tabled. >>>> >>>> >>>> >>>> Stan Kroenke has taken his stake to within 17 shares of the 30 per >>>> cent limit, at which he would have to launch a formal takeover (which >>>> if he reaches he couldn't be stopped from buying the club). >>> >>> >>> Shall I dig the rules out again for you? >> >> Drivel is obsessed with the Arsenal and will say anything. He hates it >> more so today as we had a 2-0 win and Utd were caned 3-1 at Everton. > > I loved it when we thrashed you 3-1 a couple of weeks ago Time moves on and we are still around one can not dwell on past results. Hudderfield won 3 League titles in a row don't you know ? You should pray that Rooney does not get a knock because without him you are average, as are Team England for that matter. -- Count Baldoni In hoc signo vinces |