If 50% of our club was valued at £1, what’s 100% of it valued at?

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Did you post this on the Star readers comments or did you just copy Harold's feeble attempt at humour?
 
McGrath said:
FFS if I'd have known that it was only a quid to buy a 50% share in United, I'd have bought it myself.

Like Bitcoin... I always miss out on these things :(:mad:
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But Bitcoin is more like an analogy over at S6, started off rocketing and full of expectation, pensioners buying hoping to make a fortune and now reality has kicked in its plummeting and being shunned by the banks whilst being seen as very risky.
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Blade56 said:
But Bitcoin is more like an analogy over at S6, started off rocketing and full of expectation, pensioners buying hoping to make a fortune and now reality has kicked in its plummeting and being shunned by all,the banks whilst being seen as very risky.
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That sounds more like Kevs tenure as United Chairman. Started out low. Got to the Prem. Started dreaming of Europe in 5 years and buying up foreign clubs and the crash!
 
Didn’t the prince pay off £30 million of debt. So on that reasoning , £60 million .
 



Free to ‘true’ Blades everywhere with a few billion to chuck at...
 
Sean Thornton said:
He didn't pay off any debt. His initial investment was £10m to match Kevin McCabe. He's since invested - to June last year - a further £7m. Same as McCabe.

The £1 was for the nominal purchase of a share in what was a shell company.
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Thanks for the info and so just for my tiny brain does this mean HRH and McCabe now own about 50% of the shares in Blades Leisure Ltd each which is effectively just the playing staff. All the assets like the ground, academy etcetera being held in SU Ltd etc owned by McCabe family interests with the HRH having little of no ownership of these.
I don't think the playing staff are worth £34 m so if HRH were to sell up he would be unlikely to get his £17 m investment back and the players can't really all be sold and still have a club anyway. If McCabe sells up there might be a similar negotiation on the value of the players plus a negotiated price for the assets.
Personally I'd be happier if the ground went into a trust or something. Didn't Chelsea put Stamford Bridge into a trust owned by many of their fans to keep it out of the hands of future asset strippers? I'm not thinking of our current owners but if either sells up who knows what a future owner might do?
 
Sean Thornton said:
He didn't pay off any debt. His initial investment was £10m to match Kevin McCabe. He's since invested - to June last year - a further £7m. Same as McCabe.

The £1 was for the nominal purchase of a share in what was a shell company.
Click to expand...
No but who the fuck is Harold ?
 



Bought a "badger "from there anyone.and crisps walker (kyle) in case you don' get it.
 
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