Prestwich_Blue
Well-Known Member
There were stories that the Qataris (or someone else) had paid off the PIK notes in return for a stake in the club in preparation for buying it but this has (predictably) proved to be bullshit.
The Glazers did issue some new shares at that time, as a poster pointed out, but it turns out there were only 2 ordinary shares issued. If you were taking a stake, you'd want more than 2 shares.
The Glazers did issue some new shares at that time, as a poster pointed out, but it turns out there were only 2 ordinary shares issued. If you were taking a stake, you'd want more than 2 shares.