They think its all over - it is now! (1 Viewer)

grego_gee said:

Appleton says,
"Should Holdings maintain their claim to a beneficial ownership of the Share, ultimately only the Court can overturn that."

"So far, the only confirmed bidder for the club is American tycoon Preston Haskell IV but his consortium's deal depends on acquiring this Golden Share."


Translating,
If Holdings maintain their claim to a beneficial ownership of the Share, only the Court can overturn that. (but why would they?)
If American tycoon Preston Haskell IV or anyone else wants this Golden Share they will have to pay Holdings enough for them to want to release it!

imp:

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grego_gee said:

Appleton says,
"Should Holdings maintain their claim to a beneficial ownership of the Share, ultimately only the Court can overturn that."

"So far, the only confirmed bidder for the club is American tycoon Preston Haskell IV but his consortium's deal depends on acquiring this Golden Share."


Translating,
If Holdings maintain their claim to a beneficial ownership of the Share, only the Court can overturn that. (but why would they?)
If American tycoon Preston Haskell IV or anyone else wants this Golden Share they will have to pay Holdings enough for them to want to release it!

imp:

Click to expand...

grego_gee said:

Its not what I say its what Appleton says

http://www.bbc.co.uk/sport/0/football/22664367?

imp:

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BBC (with my bolding & underlining) said:

In his statement, Appleton attempted to clear up the confusion.
"I now believe the registration of the Golden Share lies with Coventry City FC Limited," he said.
"Holdings believe they have a beneficial ownership of the Share given the level of investment they have made and the fact the players contracts are in their name, together with many other important elements.
"This has seemingly been endorsed by the Football League who have completed all current player registrations in the name of Holdings.
"Should Holdings maintain their claim to a beneficial ownership of the Share, ultimately only the Court can overturn that."
So far, the only confirmed bidder for the club is American tycoon Preston Haskell IV but his consortium's deal depends on acquiring this Golden Share.

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wingy said:

They have to prove beneficial ownership first Surely Greggo??

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James Smith said:

The only bits of that text that are from the Administrators report are in quotation marks, that last bit isn't and is not part of the report.

Only the bolded bits are taken from the report, the underlined bits are the Journalists words;

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bigfatronssba said:

I claim beneficial ownership. Its mine unless you want to challenge me to a lengthy court case.

Now that I am in control my first act is to declare that CCFC shall not be moving to Walsall.

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