Yet Charles Green said on camera that the clubs history would be lost if a CVA wasn't agreed.
If the club has continued and its just the company that has been liquidated why are "club" shareholders holding worthless pieces of paper?
Bombscare Brown and Green are wanting the fans to buy into the new club are they not?
"comment by dobberdish (U15104)
posted 2 hours, 1 minute ago
Yet Charles Green said on camera that the clubs history would be lost if a CVA wasn't agreed.
If the club has continued and its just the company that has been liquidated why are "club" shareholders holding worthless pieces of paper?
Bombscare Brown and Green are wanting the fans to buy into the new club are they not?"
============
He didnt actually say the clubs history was being lost. It was the company's hisotry that was being lost due to a change in corporate shell. Its unfortunate as it would always be better to retain the company history as well as the clubs, but its not a biggy.
Your point about the shares is just a poor understanding of business workings.
You always own shares in a company, no tin the business itsself. Often for simplicity, when a business is self contained, then you could refer to having shares in the 'whatever business' it was.
E.g.
A race horse.
A company is set up when buying a race horse, this company contains ownership of the horse, the breeding rights etc.
You buy shares in the company that owns the horse, and this could be thought of as 'buying shares in a race horse'. You actually have shares in the company though.
The company can then sell the horse, or the breeding rights or everything.
Say the horse won 54 grand nationals.
The shareholders in the company can decide to sell the business (the horse and all its rights) to a new company. The horse takes it history with it.
So the company now has nothing but the proceeds of the sale. This pot is then divided between the shareholders. If the value it was sold for was very small and only covered the costs of the administration of the sale, then the shares are basically worthless.
Horse still keeps its history though.
Basic stuff when you think about it.
Mitre
You just keep clutching dem straws
A hiorse that wins 54 grand nationals !!!
I thought it would have been a pot of glue after the 18th win.
Did the horse have an ebt and was it registered correctly ?
Comment deleted by Site Moderator
oh there are some bitter kants on here the day, anybody would think it was a special day or something
And if you liquidate the horse you get glue.
Comment deleted by Site Moderator
Comment deleted by Site Moderator
I'll have to take your word on that curly
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Boom! History was officially transfered.
Page 2 of 2
posted on 11/7/12
Yet Charles Green said on camera that the clubs history would be lost if a CVA wasn't agreed.
If the club has continued and its just the company that has been liquidated why are "club" shareholders holding worthless pieces of paper?
Bombscare Brown and Green are wanting the fans to buy into the new club are they not?
posted on 11/7/12
"comment by dobberdish (U15104)
posted 2 hours, 1 minute ago
Yet Charles Green said on camera that the clubs history would be lost if a CVA wasn't agreed.
If the club has continued and its just the company that has been liquidated why are "club" shareholders holding worthless pieces of paper?
Bombscare Brown and Green are wanting the fans to buy into the new club are they not?"
============
He didnt actually say the clubs history was being lost. It was the company's hisotry that was being lost due to a change in corporate shell. Its unfortunate as it would always be better to retain the company history as well as the clubs, but its not a biggy.
Your point about the shares is just a poor understanding of business workings.
You always own shares in a company, no tin the business itsself. Often for simplicity, when a business is self contained, then you could refer to having shares in the 'whatever business' it was.
E.g.
A race horse.
A company is set up when buying a race horse, this company contains ownership of the horse, the breeding rights etc.
You buy shares in the company that owns the horse, and this could be thought of as 'buying shares in a race horse'. You actually have shares in the company though.
The company can then sell the horse, or the breeding rights or everything.
Say the horse won 54 grand nationals.
The shareholders in the company can decide to sell the business (the horse and all its rights) to a new company. The horse takes it history with it.
So the company now has nothing but the proceeds of the sale. This pot is then divided between the shareholders. If the value it was sold for was very small and only covered the costs of the administration of the sale, then the shares are basically worthless.
Horse still keeps its history though.
Basic stuff when you think about it.
posted on 12/7/12
Mitre
You just keep clutching dem straws
posted on 12/7/12
A hiorse that wins 54 grand nationals !!!
I thought it would have been a pot of glue after the 18th win.
Did the horse have an ebt and was it registered correctly ?
posted on 12/7/12
Comment deleted by Site Moderator
posted on 12/7/12
oh there are some bitter kants on here the day, anybody would think it was a special day or something
posted on 12/7/12
mitre
posted on 12/7/12
And if you liquidate the horse you get glue.
posted on 12/7/12
Comment deleted by Site Moderator
posted on 12/7/12
Comment deleted by Site Moderator
posted on 12/7/12
I'll have to take your word on that curly
Page 2 of 2