Selling shares

[mr.hobblesworth]

I've got about £350 worth of shares. When I originally bought these, I considered them a way of donating to the club and buying into the whole 'fan owned' ethos. However, as that is no longer the case, I was wondering if it was possible to sell them or cash them in somehow. Is this possible?

[Stone Valiant]

You would either need to find an existing shareholder who would be prepared to privately aquire these shares from you at a privately greed price with the club being informed of the transfer of ownership, of contact the club who will attempt to broker the trade of these shares for you.

 

That's the official line!

[geosname]

They still have the right to veto

[Stone Valiant]

They still have the right to veto

 

Is that true for an existing shareholder or only for a new shareholder?

[geosname]

They can veto any.... even if they are left in a will

So it says in the articles... if I remember correctly

[BIRCHES HEAD WHITES]

mike lloyd will happily buy any shares back won't he ? hasn't he agreed to do this with bill?

[Edge81]

Is that true for an existing shareholder or only for a new shareholder?

 

Bill Bratt!

[Pete T]

They can veto any.... even if they are left in a will

So it says in the articles... if I remember correctly

 

Yes. They have to approve any share transfer.

[mr.hobblesworth]

mike lloyd will happily buy any shares back won't he ? hasn't he agreed to do this with bill?

 

Is that true or are you being flippant!? :)

 

So if I contact ML at the club (does anyone have an email address for him?), he will buy them off me? That'd be ace!

 

£50 quid to the Sproson fund if it happens!

[Birdy]

As this is no longer, in fact never has been a fan owned club I think the club should buy back any shares should shareholders wish. A precedent has been set and the vast majority of fans no longer get a say in 'their' club.

[mr.hobblesworth]

Any more opinions/ ideas?

[smada]

Maybe we should start a list of disgruntled share holders who want to sell their shares back to the club for these reasons stated previously in this thread.

[IDF]

Maybe we should start a list of disgruntled share holders who want to sell their shares back to the club for these reasons stated previously in this thread.

 

it could be called the Bill Bratt Non-Refundable Donation Fund.....

[werstayinup]

As this is no longer, in fact never has been a fan owned club I think the club should buy back any shares should shareholders wish. A precedent has been set and the vast majority of fans no longer get a say in 'their' club.

 

I have said for many years that fans have never really had a say in the club any way,an argument i have had many times(pm's to prove it) with Glenn when he was preaching to people to purchase shares.

[fairportnick]

I have said for many years that fans have never really had a say in the club any way,an argument i have had many times(pm's to prove it) with Glenn when he was preaching to people to purchase shares.

 

You could empower yourself by selling them.:D

 

Good decision not to buy any methinks.