Albion Shares for Sale. £1 each.

[Billy the Fish]

I wouldn't fancy it to be honest. If Tony needs to put more money into the club is it faesable that he'll create more shares, therefore diluting everybody else's again?

I can see people buying £500 worth of shares that are basically worthless, just because it's the Albuion. He'll never sell £1million's worth.

 

[Notters]

I'm not sure of the obligation of Limiteds to communicate/report to all shareholders, but DK could be delivering the ultimate "**** you" to the club here, by passing on the administrative burden to communicate regularly to (tens of) thousands of shareholders for ever more.

Who wouldn't want to own a small slice of the Albion?

I wouldn't if it screws them over financially.

 

[Springal]

If Dick Knight believes no one person should own the majority of shares, why did he let that happen? Or did it happen after.

And no I wouldn't, as it would be pointless.

 

[Papa Lazarou]

It all sounds lovely doesn't it, but at the root of this declaration is a desire to f**k up the running of the club, at least at a board level. As has been mentioned, were thousands of fans to purchase shares that would massively increase the beaurocracy and cost in making decisions and issuing information to shareholders. I think were this to happen there would need to be a conglomeration of the fans, with a single person representing them where necessary.

I vote for Bozza.

 

[SeagullSongs]

For newcomers the ARS is the Anal Retentive Society.

I've been here for a couple of years and I've only just found out what it stands for

 

[Papa Lazarou]

If Dick Knight believes no one person should own the majority of shares, why did he let that happen? Or did it happen after.

And no I wouldn't, as it would be pointless.

He had to let it happen. He'd run out of money and Tony Bloom had been bailing the club out for years. In order for Tony to invest to the levels he has done, he had to take a majority control, which of course will be further bolstered by the conversion of the loans for the stadium etc converting to shares over the years.

 

[shaolinpunk]

Great little marketing ploy for the book

 

[Hotchilidog]

Great idea, and I'd be interested. Of course the shares are in investment terms pretty worthless, but that isn't the point of owning them, is it?

 

[Monkey Man]

Sorry, I may have missed some fundamental point to all this, but it seems to me this is either a rather pointless marketing stunt, or mischief making. Or both.

I have always held DK in the greatest esteem but I'm not sure he's acting in the most dignified of manners at the moment.

 

[Creaky]

I shall be applying

 

[Paul Reids Sock]

I've been here for a couple of years and I've only just found out what it stands for

Glad I'm not the only one that has been around for a while and had no idea!

With regards the shares, I will definitely be getting some if I can. I guess the synopsis of your Albion supporting life he asks for will decide if he thinks you are worthy or not which is a pretty good way of doing it, although it would be easy to lie!

 

[Taybha]

Nice christmas gift , there you are dear you are now the part owner of a football club , dont say i did'nt get you anything .

 

[Papa Lazarou]

Sorry, I may have missed some fundamental point to all this, but it seems to me this is either a rather pointless marketing stunt, or mischief making. Or both.

I have always held DK in the greatest esteem but I'm not sure he's acting in the most dignified of manners at the moment.

It's clearly both.

 

[Arthur]

Oh DK why couldn't you have just walked away from the club gracefully? You would have been life president, the fans would have loved you.

You lost the willy wanging contest, get over it. Stunts like this just make you look bitter and cheap.

 

[dejavuatbtn]

If he really wants fans on the board couldn't he sell/donate them to some kind of supporters trust that was able to appoint its own representative for this purpose?

 

[Gblocksouthstand]

Most private limited companies have a pre-emption clause in their articles which means that all shares have to be offered to existing shareholders first, to give them the opportunity to buy them at market value. I haven't checked Brighton and Hove Albion FC Limited's articles, but I would be surprised if the current majority shareholder hadn't made sure that this standard clause was included. Also, shareholders are entitled to see the company's accounts, and have no liability whatsoever for the company's debts, other than losing what they paid for the shares (unless they have offered a personal guarantee).

 

[Peter Grummit]

Genius. Marketing for the book, good for fan participation and raises a bit of money for DK's dotage. The least we owe him.

In true 'we wunt be druv' tradition.

PG

 

[Creaky]

Oh DK why couldn't you have just walked away from the club gracefully? You would have been life president, the fans would have loved you.

You lost the willy wanging contest, get over it. Stunts like this just make you look bitter and cheap.

Why is the idea of fans holding shares in the club they support being seen as a stunt?

I would like to see TB offering some as well.

 

[Knotty]

If he really wants fans on the board couldn't he sell/donate them to some kind of supporters trust that was able to appoint its own representative for this purpose?

Owning shares does not give anyone a place on the board.

 

[saafend_seagull]

Owning shares does not give anyone a place on the board.

Lol.

Yeah imagine being on the board of every ftse company you bought shares of!

Don't see how this creates more admin work. Would just lead to a slightly higher accountants fee (assuming mazars do their annual returns). The accountants would fill in the annual returns etc which is simply an online submission.