oakiecokie said:GazC said:worsleyweb said:You are just talking shit now. He owns Oldham 100 percent. When Micah goes Oldham get money. Simon can do what he wants with money. Is that simple enough for you???
I don't think you understand how companies work. If Oldham Athletic (2004) Football Club Ltd were to get a windfall as a result of any income stream and the chairman were to spend it on "whatever he wants", HMRC would be non too happy. Not to mention the other dozen or so shareholders who own a bigger stake than Corney.
This might be a transfer WUM on your part, but this is a very serious allegation that at best could lead to you giving a police interview and at worst appearing in court.
So could WW`s mate Simon then sue WW for libel ??
Taxi for WW !!
Yes, suggesting a chairman of a Ltd company, that's not posting a profit, is potentially going to pocket millions as a dividend is suggesting Corney is defrauding the other shareholders, illegally taking money from a non-profitable company before paying creditors and cheating the company and its stakeholders, in this case the employees and fans.
I'm guessing this is a child posting for kicks, but if he's serious in his allegations this is something I will bring to Corney's attention.