General Club ownership

[miket12_old]

Has Owen put any more money into the club or just brought out Hotchin's share and part of Watson's? If he's only brought their's share, the club's capital would have stayed the same in there wouldn't be anymore money for salary, staff etc.

Just wondering if anyone knows.

 

[Lego_Man_old]

He has injected new capital.

Example...if i owned company with 100 shares, took a strategic partner on board and issued another 100 shares to the new guy, we now own 50% each. He definitely didnt just flog off his stake.

 

[Matulino#1_old]

My understanding is that Watson dropped his amount to 50% and Owen bought Hotchins share and the rest of Watsons meaning 50/50.

However I'd be surprised if he wasn't pumping some cash in, otherwise what's the point?

 

[Spence_old]

Not sure about how the exchange of shares went, but he has pledged money towards junior development, etc., so there is money coming into the club either way.