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Salford City away

Discussion in 'City Talk' started by Keefly Bantam, May 11, 2019.

  1. JonButterfield

    JonButterfield Star Player
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    I get the feeling you were going to say something else in reply yo my post haha
     
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  2. Interested Bystander

    Interested Bystander Important Player
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    Was going to add there's more than a few others trying to do the same mate.
     
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  3. JonButterfield

    JonButterfield Star Player
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    Agreed.

    Maybe we can get bought out by Dean Windass, Wayne Jacobs, Peter Beagrie, and our own super rich class of...

    Never mind :(
     
  4. Storck

    Storck Regular Starter

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    The percent isn’t particularly important as the famous ones hold a lower class of shares to the big man.
     
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  5. Storck

    Storck Regular Starter

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    Even if they all vote together they can not out vote him.
     
  6. Interested Bystander

    Interested Bystander Important Player
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    Perhaps a certain ex winger might have some "friends" who could lay their hands on some cash ;)
     
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  7. JonButterfield

    JonButterfield Star Player
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    Ah yes, Jamie Devitt :)

    We can only hope! ;)
     
  8. Bronco

    Bronco Star Player
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    Whys that according to that source they all have 10% of the club ?.
     
  9. Storck

    Storck Regular Starter

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    It is a similar set up to City had with he previous owners. Different people owned different types of shares with differing voting rights.

    Lawn owned a third of shares but had half the votes.
    JR owned a third and had half the votes. The Prof owned a third and had no votes
     
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  10. UpTheLeagueWeGo

    UpTheLeagueWeGo Youngster

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    Reading back through some of the comments about kit colour, shares you lot think you know everything get your facts right boys, we know you lot are deluded but come on get the bacis right.
     
  11. Loyalbantam

    Loyalbantam Squad Player
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    Get your basic spelling sorted pal.
     
  12. trevor

    trevor Squad Player
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    Nearly right, As far as am aware JR had 51% of the voting rights and ML 49%
     
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  13. Onside

    Onside Squad Player
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    Well I am going to attempt to ask for clarification; firstly you are in the wrong thread, this is for the newly promoted Salford, and views as to whether any city fans will turn up at their place. Occasionally it goes off tangent, but generally all things Salford.

    It is normal to point out inaccuracies as you have hinted at, try making it clear what facts fans on here have obviously in your view got wrong.
     
  14. Storck

    Storck Regular Starter

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    Not according to the articles logged at Companies House
     
  15. trevor

    trevor Squad Player
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    I will bow to your knowledge but there was a rumour that ML did not want to sell but JR did and had the extra share so the sale went ahead, It is usually considered bad practice for shares to be equal as it promotes deadlock in any business
     
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  16. Storck

    Storck Regular Starter

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    Yep it is. There were three share types at the club with equal numbers issued of each. Two of them had voting rights and one didn’t for decision making. As for the sale there was nothing to stop the two Rhodes selling their shares and ML keeping his bits it would have killed the sale so he was between a rock and a hard place. Rhodes would have come out and said said ML was blocking the club moving forward. Looking back ML would have been better letting that happen and then giving in to public pressure as then the finger could have been pointed at Rhodes and the public
     
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