Stadium company

[itszamora]

I was reading Insider's comments on 'ask the club' which say a stadium company called The Community Stadium PLC has been formed. Is it not a bit worrying that it's a PLC as presumably anyone can buy into the company and potentially take control and do what they wish with the ground?

Or am I worrying unnecessarily?

 

[timbha]

although the term plc usually relates to a public limited company whereby shares are on sale on the open market, ie to the public, plc can also mean private limited company whereby shares are owned by private investors only.

no need to worry about a hostile takeover.................YET

then again ....I could be talking rubbish

 

[itszamora]

I was of the understanding that if it was a private limited company (such as the Albion) it is just called, for example, Brighton & Hove Albion Football Club Limited as was on the planning applications for Falmer.

Then again, I too may well be wrong!

 

[m20gull]

From Companies House

Name & Registered Office:
THE COMMUNITY STADIUM PLC
NORTH WEST SUITE,TOWER POINT
44 NORTH ROAD
BRIGHTON
EAST SUSSEX BN1 1YR
Company No. 04612364




Status: Active
Date of Incorporation: 09/12/2002

Country of Origin: United Kingdom

Company Type: Public Limited Company
Nature of Business (SIC(03)):
9262 - Other sporting activities

Accounting Reference Date: 30/06
Last Accounts Made Up To: 30/06/2004 (DORMANT)
Next Accounts Due: 30/01/2006
Last Return Made Up To: 09/12/2004
Next Return Due: 06/01/2006

Last Members List: 09/12/2004

Previous Names:
No previous name information has been recorded over the last 20 years.

Branch Details
There are no branches associated with this company.

Oversea Company Info
There are no Oversea Details associated with this company.


System Requirements

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[Bluejuice]

The shareholders still need to agree to sell the shares were there to be any takeover bid.

Look at the Man U vs Glazer business

 

[timbha]

good stuff m20gull - the shares can only be bought if there's a willing seller

 

[perseus]

Does this have the names of the Directors?

From Companies House

Name & Registered Office:
THE COMMUNITY STADIUM PLC
NORTH WEST SUITE,TOWER POINT
44 NORTH ROAD
BRIGHTON
EAST SUSSEX BN1 1YR
Company No. 04612364




Status: Active
Date of Incorporation: 09/12/2002

Country of Origin: United Kingdom

Company Type: Public Limited Company
Nature of Business (SIC(03)):
9262 - Other sporting activities

Accounting Reference Date: 30/06
Last Accounts Made Up To: 30/06/2004 (DORMANT)
Next Accounts Due: 30/01/2006
Last Return Made Up To: 09/12/2004
Next Return Due: 06/01/2006

Last Members List: 09/12/2004

Previous Names:
No previous name information has been recorded over the last 20 years.

Branch Details
There are no branches associated with this company.

Oversea Company Info
There are no Oversea Details associated with this company.


System Requirements

Return to search page

 

[Dick Knights Mumm]

er ........................ No.

 

[m20gull]

you can but the Appointments for £1 but I didn't have my cards near the PC

 

[Morgans Mullet]

The Community Stadium Shareholders Details:


DEREK L CHAPMAN 20,002 ORD £1 SHARES
HARRY R KNIGHT 50,000 ORD £1 SHARES

And group structure is:

Company Name
BRIGHTON & HOVE ALBION HOLDINGS LIMITED

- THE COMMUNITY STADIUM PLC

- BRIGHTON & HOVE SPORTS AND LEISURE LIMITED

- ALBION SPORTS AND LEISURE LIMITED

- BRIGHTON AND HOVE ALBION FOOTBALL CLUB,LIMITED(THE)

 

[Meade's Ball]

Does this have the names of the Directors?

Digging for some form of dirt, Mr Sour Grape?

 

[beorhthelm]

PLC or plc is always "Public Limited Company". But PLCs are not necessarily traded publicly like people think, for that they have to be listed on the stock market. So a plc is not something to worry about. Limited companies cant be listed on the stock market. The subtle difference between non-traded plc and ltd companies is left as exercise for the reader.



OK, im bored so looked it up for you.

PLC must have 2 directors plus a qualified Company Secretary, where as Ltd only needs 2 directors one of which assumes the Company Secretary responibilities. - This is good.

PLC must publish accounts within 7 months of the end of its finacial year or face fines, while the Ltd companies have longer (2 years?). - This is good, less chance for funny business. (I think the the accounts must be more detailed too)

PLC *may* offer shares publicly while a Ltd company cannot. - This is good, as it means the club could sell shareholdings to the fans. With a Ltd company the shareholders/directors can just as easily sell their shares privately to some shithead wanting to redevelop.