Will you buy a BHA share from Dick Knight?

[hans kraay fan club]

I'm going to BUY 131 just so I've got more than the LAPDOG Perry.

Careful. Perry might buy a copy of the book and snaffle a few more himself...

 

[Brighton Breezy]

Not sure he can just sell like this but is hoping by going public the existing shareholders who I imagine should get first refusal will not take up the option because they would look bad to supporters now if they did.

 

[Tim Over Whelmed]

I will buy some shares for my Grandchildren. Their parents are Palace fans (I've explained so many times before and don't intend to again) and this is a part of my master plan to ensure they come to The Amex with me and grow up supporting the Albion.

 

[attila]

Certainly will. Well done Dick.

 

[seagullsovergrimsby]

With TB owning 90%+ of the shares at the moment is there anything to stop him converting more loans to shares ? Dick could sell his holding for £1 a share equating to £1M but then Tony can come along and dilute the percentage even further with a £40M conversion. The articles of association may still have a covenant stating that one individual cannot own the entire club but do the existing shareholders have the option to buy from other shareholders before the shares are offered to new investors ?

 

[Giraffe]

Certainly will. Well done Dick.

He is supposedly selling his 1.54% of the club. Which currently no one wants to buy as it's worthless. For £1million. Not quite sure he should be congratulated for that?

 

[Giraffe]

Not sure he can just sell like this but is hoping by going public the existing shareholders who I imagine should get first refusal will not take up the option because they would look bad to supporters now if they did.

Nail on the head.

I repeat though he is only selling 1.54% of the club. That kind of minority shareholding is completely worthless and he is selling it for £1million. Fair play to him. But not sure we should be rushing to congratulate him.

 

[Joe Gatting's Dad]

Not really sure of Dick's real motives.

He clearly does not like the way the club is going commercially. If he sells his one million shares at face value, he will pick up £1,000,000.

So I am undecided at the moment.

 

[Giraffe]

It's three years old so doesn't show the increase in percentage for TB which of course would lower everyone elses percentage. I don't think the list of holders has changed though - just the percent held by each.

EDIT - to clarify, TB's increase in percentage isn't because he's brought shares from other holders. It's because he's converted some of his loans to shares.

MR ANTHONY GRANT BLOOM 77.22%
MR HARRY RICHARD KNIGHT 4.82%
MR WILLIAM JOHN BROWN 4.41%
PIG CITY INC. LTD 3.00%
MR KEVIN RALPH PATRICK GRIFFITHS 2.33%
MR RAYMOND ALEXANDER BLOOM 2.14%
FRIDAY-AD (HOLDINGS) LTD 2.00%
MR DEREK LEONARD CHAPMAN 1.85%
MR MICHAEL JOHN STANLEY HASTILOW 1.00%
MR ROBERT LEONARD PINNOCK 0.57%
MR J. GOLD 0.30%
MR JOHN EDWARD VICKERS 0.20%
MR JOSEPH DAVID HIRSCHEL 0.06%
MR EDWARD NORMAN DAVID 0.04%
MR PETER FLEMING JACKSON MCDONNELL 0.04%
MR JOHN TOWN 0.02%
MR MARTIN JOHN PERRY 0.00% (but 130 shares!, so slightly more than NIL, just!)

Companies House now showing:

ANTHONY GRANT BLOOM GBP 59,275,000 ORDINARY 1 91.25%
MR WILLIAM JOHN BROWN GBP 1,100,000 ORDINARY 1 1.69%
HARRY RICHARD KNIGHT GBP 1,002,500 ORDINARY 1 1.54%
PIG CITY INC. LTD GBP 750,000 ORDINARY 1 1.15%
MR KEVIN RALPH PATRICK GRIFFITHS GBP 582,000 ORDINARY 1 0.9%
MR RAYMOND ALEXANDER BLOOM GBP 535,000 ORDINARY 1 0.82%
FRIDAY-AD (HOLDINGS) LTD GBP 500,000 ORDINARY 1 0.77%
MR DEREK LEONARD CHAPMAN GBP 460,750 ORDINARY 1 0.71%
MR MICHAEL JOHN STANLEY HASTILOW GBP 250,000 ORDINARY 1 0.38%
SIPPCHOICE TRUSTEES LTD GBP 200,000 ORDINARY 1 0.31%
MR ROBERT LEONARD PINNOCK GBP 142,000 ORDINARY 1 0.22%
MR J. GOLD GBP 75,000 ORDINARY 1 0.12%
MR JOHN EDWARD VICKERS GBP 50,000 ORDINARY 1 0.08%
MR JOSEPH DAVID HIRSCHEL GBP 15,000 ORDINARY 1 0.02%
MR PETER FLEMING JACKSON MCDONNELL GBP 10,000 ORDINARY 1 0.02%
MR EDWARD NORMAN DAVID GBP 10,000 ORDINARY 1 0.02%
MR JOHN TOWN GBP 5,000 ORDINARY 1 0.01%
MR MARTIN JOHN PERRY GBP 130 ORDINARY 1 0%

 

[Black Rod]

He is supposedly selling his 1.54% of the club. Which currently no one wants to buy as it's worthless. For £1million. Not quite sure he should be congratulated for that?

He could go on an American-style rampage with a handgun through Pavilion Gardens and there are certain people who would praise him to high heaven for it.

 

[Ernest]

Ever had the feeling you've been had ?

 

[El Presidente]

He could go on an American-style rampage with a handgun through Pavilion Gardens and there are certain people who would praise him to high heaven for it.

If he shot some of the pond life living their life there through a three litre bottle of Thunderbird then who could blame them?

 

[Wozza]

Certainly will. Well done Dick.

Really?

 

[seagullsovergrimsby]

Ever had the feeling you've been had ?

Dick Knight has a public image to maintain

 

[Creaky]

He is supposedly selling his 1.54% of the club. Which currently no one wants to buy as it's worthless. For £1million. Not quite sure he should be congratulated for that?

It would appear that quite a few people would like to buy them

 

[Triggaaar]

If Knight is selling the shares out of spite to inconvenience the club, no. If it doesn't inconvenience the club in any way, yes.

Same.

I think we will find it is typical Dick Knight publicity bullshit. I am sure he knows full well that he cant' sell his shares if the current shreholders want them. I suspect he is using this as firstly a chance to publicise the book

So I won't be buying it.

 

[Westdene Seagull]

SIPPCHOICE TRUSTEES LTD GBP 200,000 ORDINARY 1 0.31%

I note this company is now a shareholder - seems a strange shareholder for a football club ?

 

[Creaky]

What difference does it make who is selling the shares or why?

Maybe if DK's shares are bought by fans it will encourage the club to offer some for sale as well.

 

[Knotty]

That's alright 4.82% for potential fan ownership. DK could still be a representative for the fan shares at board meetings. To have a fan voice it still has to be organised

Owning shares does not mean having a seat on the board.

 

[Goldstone1976]

I note this company is now a shareholder - seems a strange shareholder for a football club ?

Nah; it'll be somebody's SIPP provider, s'all.