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Funding of Signings

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  • jfish
    Silver Seat
    • Mar 2009
    • 3948

    #1

    Funding of Signings

    If the Mittals are still the minority shareholders will they only put what fernandes puts up for transfers??

    Am i right in thinking they wouldnt make say 50mill available if Fernandes didnt stump up too?
  • Bigears
    Bronze Seat
    • Mar 2009
    • 963

    #2
    Dosnt wok that way, they will equally put what they own as a % in shares of the football club. Anymore than that then hopefuly they have it in the setup that the addtional money will be converted to shares where they will increase there share holding equal to the value of the addtional money. If you dont get that then this could cause issues later when one party wants to invest and the other dosnt, and this would cause problems ( i know as this is happening to my company). Hopefuly TF and the Mittals have the same vision and this wont become an issue later (it wont now as there are just starting out, but it might next year or the year after if we are losing millions)
    One for all.... and all for one

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    • qpruleok
      Bronze Seat
      • Jul 2009
      • 744

      #3
      There is no way that they will throw millions around. But at least Neil's hands will not be set in concrete and he will have something to work with and hopefully a better quality of defender will follow
      Gerry Francis the greatest all round player to come from these shores:super_man:

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