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Old 20th February 2020, 14.13:19   #1-0 (permalink)
Rob
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Default No mandate yet to seek 'investment' - could be discussion what stake would have what price

Good bit from Rich Williams as always: https://www.leaderlive.co.uk/sport/1...al-investment/

Jones says there is no mandate in place for the board to look for potential new owners or financiers, and what stake in the club that WST members are willing to give up to investors is something that needs to be discussed and agreed at the AGM.

"There has never been a mandate to seek investment," said Jones.

"There are no assets to invest in but if someone was interested in investing in the club, how much ownership would members be willing to give up and at what price?

"That is a question that people need to ask themselves."


Pete clear on everything is for members to make decisions on.

It is an interesting point, would people really give up say 49% for a one off hit of £500k or £2.5m ?!