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Re: Phil increases stake in club

By SevYesterday 20:15Yesterday at 20:15:55In response to Phil increases stake in club

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Companies House shows he paid a share premium of £35 per new share issued so that's £1,575,000 that he's put into the club, which must be the magnitude of our losses.

He's basically writing off the club's losses with his own money and receiving new shares in return (which dilutes the other shareholders' percentage stake in the club, which was already very minor anyway)

Edited by Sev at 20:16:19 on 10th December 2025