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#DonaldOut

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Good on the fanzines/RAWA coming together to put that out jointly.

In most situations you'd expect at least one of the supporter led publications to hold a contrary view. The fact they're all singing from the same sheet (Parky needs to go, and so does Donald) tells you all you need to know about how bad things are.

I've never known us this unified. Time to put the pressure on in whatever way we can.
 
Schmarrnbeppi said:
I don't follow the 90k thing. How does that work?
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Madrox currently has a share capital of £1,000. Under the terms of the loan agreement, under certain conditions FPP can convert some or all of the loan to shares in Madrox. Once you own over 90% of the shares in a company, you can compulsorily buy out the other shareholders for the price per share you paid for the other 90%. This is what Bob Murray did all those years ago when he bought out the fans who'd bought shares when the club was a plc.

So all FPP need to is to convert enough of the loan to give them a 91% shareholding, and, hey presto, they get the club for pretty much half of bugger all.
 
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