Greenskin":wvo52qwd said:Peverell Pete":wvo52qwd said:Greenskin":wvo52qwd said:Peverell Pete":wvo52qwd said:IJN":wvo52qwd said:Mario":wvo52qwd said:Tavypilgrim":wvo52qwd said:He won't touch football with a barge pole, he's far too sensible. Football club ownership is a mugs game.
Tell that to Phil Gill :wink:
:appl:
Although Phil made more out of his shares than anyone else, Foot, Jones, Warren and Lenzner all made a profit too. I am not having a go about that - it's just how we have gone from being a business that was profitable and successful enough to allow it's shareholders to sell for a profit to this so quickly is just incredible.
How exactly did Foot,Jones and Warren make a profit? I thought they had resigned from the board a long time before the advent of Kagami/New world.Are you saying that the aforementioned kept their shares [which is perfectly possible] but sold them to Kagami/Todd/Gardner at a later date?
Foot and Jones sold their shares to Wrathall and Lenzner. Warren and Lenzner would have sold theirs back to the other board members.
But would Foot,Warren and Jones shares have been anywhere near as valuable before the purchase of the freehold and revaluation of the club,presuming they were sold before that time?
They wouldn't have had the value of Gill's - but a very nice return on their original investment