Very pleased with this but would like to know what % holding he’s buying.
Seem to recall that there is a point where you need to offer to buy all the shares.
As mentioned, it would be great if the fans and msg continued with a minority stake which would mean more of his investment would be available for investment in the team and infrastructure.
Regarding the Btb bid, this will not be a wasted effort as, if this all goes ‘tits up’, either now or further down the line, we know that we can raise £800k from the fans to get us back on track.