City Slicker1906

I didn't say it had been suggested earlier. Its simply an option that is available - but I haven't seen it mentioned anywhere.

Yes, 'give away' to current supporters or the supporters club for 'free'. Currently 100% of the club is owned by the supporters. In essence make 75% of the club available to 'investors'

15x150 = £2,250. Lets say they hope to raise £100,000 with the incorporation (a realistic number?). That is less than 3%. Do you think it make sense for the current season ticket holders be given a larger number of opening shares to bring this closer to the 25% required to avoid giving complete control to 2/3 individuals? (however good there intentions at the moment).

25% would be enough for the supporters to then have a say on the asset sale. If it did 'scare investors off' I would have to question what those investors motives were in the first place?

Agreed. I wonder if thought has been given to 'gifting' an initial shareholding to the supporters club at the start? If say, 25% of the initial shares ended up in the supporters club hands at the start I would be much more likely to vote for the incorporation.

You are wrong. Read section 51.2 of the proposed Articles of Association. It is worrying that such a basic concept of the incorporation is missed. The vast majority of supporters who will be voting will not understand the implications of what they are actually voting for as you have shown.

Excellent. Well done on the rethink.

First time in 20ish years I’ll not be getting one then.