New shares issued by Gamechanger 20 Ltd, the new owners of the Blues, are understood to relate the logistics of the takeover which they completed earlier this month.

Earlier this afternoon, football finance expert Kieran Maguire tweeted that Gamechanger 20 has issued more than £18 million in new shares which we understand relate to the takeover itself, cash movements in ordert to settle the transaction, rather than any plans going forward.

Maguire subsequently speculated that the money could go towards paying some of former owner Marcus Evans’s loans.

Loans to Evans, who has a five per cent stake in Gamechanger, made up much of the pre-takeover debt of around £100 million.

As part of the £40 million deal concluded earlier this month, Town are debt free aside from around £400,000 owed in loan notes taken out with well-heeled fans in the period after administration in 2003.

Photo: Matchday Images

arc added 13:54 - Apr 20 So, sorry, someone explain this to me. What percentage of the company are they selling and to whom?
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blues1 added 14:19 - Apr 20 Arc. They're not selling any part of the club. Read the story. It's a share issue paying Evan's back part of what hes owed. Clearly states that in the story.
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blues1 added 15:07 - Apr 20 Arc. I presume this share issue covers the money they paid as part of the club purchase. Not 100% certain of exactly how it works mind you.
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blues1 added 15:08 - Apr 20 *that should have read! "The money they paid Evan's as part of the purchase price."
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Robert_Garrett added 16:58 - Apr 20 Org Az Secondary Opportunity Fund, L.P. are now officially registered as the owners with 75% and Mike O'Leary with 25%. Thats it.
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Robert_Garrett added 16:59 - Apr 20 BTW I am one of those well-heeled fans from 2003!
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BecclesBlue500 added 22:18 - Apr 20 I'm just glad, given all that's gone on with the ESL that we're not owned by some group of faceless American investors who are just looking to maximise their returns......
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