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davieG

Milan Mandaric has targeted leicester!

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Posted

I'd not be upset if he did but I will put money on it that he doesn't.

Thank god for that, the only thing keeping me going is MM taking over the club, whatever people say, i'm still clinging onto the faint chance of him taking over and taking this club somewhere!!!!

Posted

Those of you who keep harping on about Mandaric *almost* getting Pompey relegated from the premiership, should consider the following.

This club has managed to get relegated from the premiership a number of times... it also *almost* managed to get relegated from THIS shi tter of a division with the current board.

If he took us up and then we got relegated, fair enough. It's better than the sh it we've had the last few years.

Well said Hero.

Posted

Is he the majority shareholder? Selling to Milan? :D

I thought he gave most of the business to his son's?? Probably to get round inheritance tax- maybe don't know if you can do that

Posted

I thought he gave most of the business to his son's?? Probably to get round inheritance tax- maybe don't know if you can do that

i dont no its only what people in the pub were saying before palace probably a load of tripe just thought id mention it

Posted

The shareholder list is somewhere posted by the FT, top is Pukka Pies and someone else, if Mr Wilson refers to David Wilson, I don't think he has many shares at all.

Posted

The shareholder list is somewhere posted by the FT, top is Pukka Pies and someone else, if Mr Wilson refers to David Wilson, I don't think he has many shares at all.

Name & Value

PUKKA PIES LTD 500,000

HAMMOND GRANGE LTD 500,000

GREGORY A CLARKE 413,000

H W COATES LTD 300,000

TREVOR BENNET 250,000

MICHEAL J EDWARDS 250,000

KIRBY & WEST LTD 250,000

JAMES C MCCAHILL 250,000

AM WIDDOWSON & SON LTD 250,000

STEPHEN JS LEE 200,000

JAMES JOHNSON 175,000

DAVID PJ ROSS 165,476

FOXES TRUST 151,000

DAVID WILSON 150,000

Top 14 Shareholders

You're right - Mr Wilson has fewer than the Foxes Trust at last count.

That's a little out of date, too, I imagine that new chairman of ours should be in the list somewhere.

Posted

Top 14 Shareholders

You're right - Mr Wilson has fewer than the Foxes Trust at last count.

That's a little out of date, too, I imagine that new chairman of ours should be in the list somewhere.

Doesn't sound alot, but if Mandaric starts with buying his and then moves on to buying the others?

Posted

Doesn't sound alot, but if Mandaric starts with buying his and then moves on to buying the others?

Just going straight to the board and offering to take all the club's shares in one go would be the cheaper option than going to individual shareholders, I'd have thought.

Actually, I don't know... perhaps buying out a couple of shareholdings first, to get the foot in the door, would help with bargaining the final price.

Exciting stuff. :P

Posted

Doesn't sound alot, but if Mandaric starts with buying his and then moves on to buying the others?

If he reaches 30% he has to buy the others out. However there may ( and I repeat may ) be in the club's memorandum and articles of association a provision that any transfer of shares has to be sanctioned by a majority of other shareholders. This is quite common in privately owned companies, which essentially LCFC is.

Posted

If he reaches 30% he has to buy the others out. However there may ( and I repeat may ) be in the club's memorandum and articles of association a provision that any transfer of shares has to be sanctioned by a majority of other shareholders. This is quite common in privately owned companies, which essentially LCFC is.

I thought that was only with publically traded companies (ie. those on the stock markets) - of which we are not. :huh:

Posted

I thought that was only with publically traded companies (ie. those on the stock markets) - of which we are not. :huh:

I'm sure I read it somewhere, but I am sure that if he reaches 90% he can force the other 10% to sell. Actually, it's all a bit academic, as at the moment there is a cap on an individual's shareholding.

Posted

I think Milan would have been impressed if he watched last nights display...

Ahhhh this topic went onto the second page and into near oblivion!

I've saved it! :thumbup:

Milan definitely saw last nights game. I understand that he was very impressed. He was drooling. He will come. :)

Posted

Ah Discotheque Robert... the devil on my shoulder...

Apparently, Milan said 'your Mum is so ugly that the midwife slapped your Gran when she was born'

Posted

Add him to the bunch of £250k's

I wonder why he's done that then? It's hardly an all-out assault for control of the football club.

Does he know something we don't? Craftily increasing his share before the big sell-off? :o

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