forlanssister

Don't think they were part of the original issue, it was the issue of these that meant that Fritzel had to get a dispensation from making a compulsory offer for the balance of the shareholding as he had breached the 30% limit iirc.

That's a far bigger if than Kipling could ever dream of!

Do two wrongs make a right? May as well argue because Murray and Whyte screwed us over Green & Co should be allowed to too.

Murray had no "investors" to keep sweet should crowds fall way.

If you care to take a look back at the companies Green has previously been associated with then there's certainly a big doubt as to whether we're getting the "top quality management" we'll be paying for, his previous forays into the world of football Sheffield United, Kingsbridge Holdings and Formation Group certainly casts doubt on his business skills. Far from making it harder for us to hold management to account abstaining from the IPO may in fact make it easier for us to do so.

Upwards of 20k would be decent all things considered.

I'm not advocating spunking any money on transfer fees on the contrary we're paying out far too much to players as it is for Div 3 and will do the same for Divs 2 and 1. The £2m you speak off is not a once only payment it will increase year on year on year and before long will exceed the £12m you speak of.

Then you assumed wrong, every penny sucked out could be put to better use than lining someone's pocket. Youth development, a proper scouting network as opposed to jobs for the boys etc.etc. you think a better use of our money would be to pay for a new Aston Martin for Ahmed or a new barn on Green's farm in Devon?

How the f*&k can you reach that conclusion in regards to my post?

I'm not fussed over any particular ownership structure I just don't want to be perpetually weakened by owners sucking cash out.

Plenty of people on here with enough knowledge to decipher the accounts and give a true and accurate reflection of what they actually mean. Time will tell, it was the apathy regarding who actually owned us that gave Craig Whyte free rein to do what he did.

Funny definition of small. Anonymity goes against the transparency mooted by Green from day one.

That was the first of several equity issues they've had, I suspect we're travelling down the very same road but without a Sugar Daddy underwriting them.

How can you make the judgement that the club is "financially sound" without seeing a set of accounts? and how do you know ownership is split if you don't know who owns what? David Murray's shares were held over at least three different vehicles (though there was no attempt to hide the fact).

We simply don't know who owns us as things stand, we don not know who is behind BPH, Margarita Trust or Norne Anstalt, we don not even know if we actually have any "institutional" investors as opposed to their private clients hiding behind the institutional mask.

Is there not a £20k limit through buyrangers ?

At least Johnston will have paid full price.

Yes, that's more like it.

To be expected from the "editor" of the failed social workers "book". Wonder where she learned her particular brand of hate filled bigotry from? Was it in the home, in the school or in the Chapel, my bet is all three.

Who said anything about Green paying full price?

You should hope not, there won't be need for more equity if we're setting the heather on fire. Best outcome for the club is if you and the likes of I have to purchase in the market at a cost substantially higher than the offer price.

I'm pretty sure those of us passing on the present opportunity to invest will have other opportunity in the not too distant. When those from across the city laud McCann they forget to mention the various dilutive issues of equity they've had since since the initial offering.

It also earmarked a not insubstantial wedge in respect to board remuneration and potential bonuses considering we're on target to make a loss of circa £3.5m this season then it's beyond doubt that some of the IPO money is earmarked to satisfy the remuneration and bonuses.

They weren't a gift as such though since he effectively paid 1p per share. I'm led to believe it's more a case of Green working on Ahmed's behalf than the other way around. There would be an outstanding loan of £22k due to Ahmed listed if it hadn't been satisfied. There's a difference between what's required for a Private Limited Company and a Public Limited Company, private companies don't have to comply with the rules and regulations of the AIM market for starters.

Must be true then! Kill his 10% claim though.