Reply To: Scunthorpe United Unity Group

Iron Bru Forums Blast Furnace Scunthorpe United Unity Group Reply To: Scunthorpe United Unity Group

#298689
Apollo11Apollo11
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Registered On: September 21, 2023
Topics: 100

What’s the idea behind the trust buying more shares in the club than the ones they already own other than a piece of paper what do they get, are they after a place on the board?

They get: A translation of their cash into ownership of the club. For each share they buy, that amount of ownership and level of power increases. I’d say that’s what they’re after – a greater stake in the club and its affairs. Rather that than just mouthing off on here or on Facefuck, eh?