That would mean someone giving up their shares to make it up to 51%.....Mr Looney took 10,000 shares?..who has 10,000 shares and would give them up?...what mechanism?
Anyway it's all gone very quiet on the investment front....we've been promoted, we're a great investment......it does feel like we've got one person took up a few shares and we're happy with that and hopefully the whole fragmented share and ownership will go away??
Amazing these shares that are a millstone round the poor poor shareholders neck....and yet when the supporters wanted more than one single share they were eyed with utmost suspicion by Mr Rowley and co....and the fans were prepared to invest continually (unlike Mr Rowley)
Is it a great investment? The definition of an investment is to trt make a profit. You don't invest in something to lose money, which you most likely would do putting money into a lower league football club.
It needs somebody who is happy to throw money away and not many wealthy people are fans of this, otherwise they wouldn't be wealthy in the first place.
The best case scenario, from a monetary point of view, is for a big Alty fan to come forward with a case load of cash and throw it at the club, not interested in a return apart from involvement in the club and decision making. This hasn't happened yet, so is unlikely to do so now.
Precisely. This is the reality and why "investors" have never come forward, because it isnt investment at all and why the board have taken the path they have these past years, in the absence of an alternative.
You're assuming that investments are only financial and monetary though, rather than maybe emotional.
Following a football team is an investment. There is time and money spent in cultivating the relationship and investing in your support. You're hoping investment pays off short term (a weekly win or in the conference even a hard fought point away somewhere tough), but also long term, across the season - be it confirming safety, promotion, playoffs etc.
I once read a quote or heard a story about Directors being at Tottenham or some other high calibre fixture (wembley) about being at the in the directors box there.
You also rule out the "my horse is bigger" strategy that some rich "investors fall in. Many rich people like to have other things their other rich neighbour don't. A share in a successful football club they can show off about, is a little better than a new sports car.
