|Question for shareholders - Feasibility study. Don't shout me down. on 21:53 - Jan 8 by TractorBoyOlly|
What about Evans owning 75% and fans owning 25%?
I haven’t checked the articles of association which set out the voting rights but if it follows the Conpanies Act default position which it probably does then special resolutions (ie the really important decisions like removing directors) might require 85% or more.
So the point still applies I think.
Evans wants to control the club. He can only do that with majority voting rights.
[Post edited 8 Jan 2019 22:29]