Manchester United shares
I got all the letters off Rothwells i think it was and then the Glaziers or someone acting on behalf of them, wanting to buy my shares. I never responded to any of these. Then i got the letters off Shareholders United which again i never responded to. Now im pretty sure they havnt bought them off me, i never received payment anyway! Does this mean i still have them? Is there any way of checking?
We're talking the smallest amount imaginable by the way! (4!) |
To buy the club, they would have needed a majority of share holders to sell their shares to the Glazers, off top of my head, not sure what that % is, but it's in the nineties. With four shares, your "holding" would be a .000000000 (ish :D ) of a % so they wouldn't need to buy your shares from you in order to take the club over. Unless there were hundreds of thousands of people with 4 shares who refused to sell, but obviously this wasn't the case. :D
With the way things stand there, you'd be best off selling anyway mate ;) |
I was just been awkward lol, was the principle!!
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Isnt it law that if they own over a certain percentage then the remaining shareholders have to sell.The club is then taken into private hands and delisted.
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Originally Posted by paulr
Isnt it law that if they own over a certain percentage then the remaining shareholders have to sell.The club is then taken into private hands and delisted.
correct, not sure but I think its 70 or 75% however the club is owned by Glazer now, privately |
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