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https://www.hammerschat.com/forum/viewtopic.php?f=11&t=13853
Dwayne Pipes wrote: ↑Thu Oct 28, 2021 4:49 pm We have to get the green light from Rio first.
Huge West Ham fan.
But surely WHU is a PLC and anyone who have shares in that company are in fact owners. Tripp Smith is a 10 % shareholder and therefore classed as a 10% owner of the club. If this new guy is going to invest 150 million in West Ham stock is he not classed as percentage owner of the club? Just because Sullivan is a majority shareholder doesn't make him the outright ownerhd1 wrote: ↑Thu Oct 28, 2021 4:29 pmTechnically the club does not have a new owner. Only when he has a majority shareholding would that be the caseandyginbrasil wrote: ↑Thu Oct 28, 2021 4:22 pm Só How does this work with the London Stadium contract?
If the current owners sell the club a percentage goes to the government.....
So what happens if they only sell a percentage of the club?
Realistically the club has a new owner, even if it only 27% of the club.
A part of the club has been sold.
I think the terms state that Sullivan and gold must be the majority shareholders up until the allotted time periodandyginbrasil wrote: ↑Thu Oct 28, 2021 5:05 pmBut surely WHU is a PLC and anyone who have shares in that company are in fact owners. Tripp Smith is a 10 % shareholder and therefore classed as a 10% owner of the club. If this new guy is going to invest 150 million in West Ham stock is he not classed as percentage owner of the club? Just because Sullivan is a majority shareholder doesn't make him the outright owner
Now my thoughts are by adding a new shareholder tô the club does that not been the original owners GSB and Smith have sold part of the club and therefore the original ownership has changed?
If I was part of the,LS legal team I would be looking very closely at the lease contract to see if I could claw back some money
At least TWICE more than Sullvan & Gold combined (£1.6B).andyginbrasil wrote: ↑Thu Oct 28, 2021 5:57 pm
He only has 1% of the value of the new Newcastle owners.....3 Billion
But nowhere near enough to make a differenceIbbyham wrote: ↑Thu Oct 28, 2021 6:38 pmAt least TWICE more than Sullvan & Gold combined (£1.6B).andyginbrasil wrote: ↑Thu Oct 28, 2021 5:57 pm
He only has 1% of the value of the new Newcastle owners.....3 Billion
Still that where around 15 clubs with owners of between £2B to £4B including Liverpool owner who is just a tiny bit above Sugo. If Sugo stayed and Kretinsky joined so that £1.6B plus £3B plus the amount from Smith of £2B (not sure how much he is worth) so that around almost £7B.