Well all the clubs in the midlands are under Chinese ownership so how does that effect them?
Supposedly as Fosun already had overseas ventures they can move money out of China easier. The bitters were in the PL so time will tell what their situation is now that gravy train has stopped, and sha are reportedly in the crapper as well.
Quote from: Phil from the upper holte on June 06, 2018, 09:47:30 PMWell all the clubs in the midlands are under Chinese ownership so how does that effect them?All the other owners have European businesses, I believe.
How long is a 2m loan going to keep the wolves from the door?
Word of caution. If you were a potential investor/purchaser of Aston Villa FC would you buy now, or at a later date when it'll cost them next to nothing? Struggling to see a way out of this, potential investors/owners will bide their time - can't see a way out of this any day soon. At least we'll have a nice new kit eh?
Quote from: Risso on June 06, 2018, 07:46:35 PMQuote from: Ads on June 06, 2018, 07:34:10 PMOwning 51% of a company would not allow you to pass a special measure. You'd want north of 75% for de facto ownership. S.571 CA06 in particular.51% would let you pass an ordinary resolution only, so you'd want 76% at least.Not that you want to confuse ownership and control of a company mind.You only need a special resolution for things like changing the company name and articles of association.You need it for a lot more. That's why I make the money and you count it *winky*
Quote from: Ads on June 06, 2018, 07:34:10 PMOwning 51% of a company would not allow you to pass a special measure. You'd want north of 75% for de facto ownership. S.571 CA06 in particular.51% would let you pass an ordinary resolution only, so you'd want 76% at least.Not that you want to confuse ownership and control of a company mind.You only need a special resolution for things like changing the company name and articles of association.
Owning 51% of a company would not allow you to pass a special measure. You'd want north of 75% for de facto ownership. S.571 CA06 in particular.51% would let you pass an ordinary resolution only, so you'd want 76% at least.Not that you want to confuse ownership and control of a company mind.
More Rumors that Freund making bid.
A freund in need is a Freund indeed.