Interesting that. How do I go about buying shares? How much would 10% cost me?
11,500 shares in the club.
Recently the club was selling them as a fundraiser at £5.
£57,500 for 10% on my half cut maths.
That makes the entire club worth just under £600k. About right?
Maybe, maybe not. I seem to recall that not all the shares that were on offer found new owners. On that basis you could argue the price was set too high.
On the other hand if someone thought they could get a controlling majority that would give them chair of the board they might be willing to pay more than £5.
Owning the club is one thing. Having the business accumen to run it and the money to bail it out when things don't go according to plan is something else.
Oldham Athletic have been for sale for a while. No takers as yet.