LadyStanley
Registered User
http://www.tsn.ca/soccer/story/?id=361722
So is that putting the Avs (and Nuggets) in (more) financial straits?
American investor Stan Kroenke is set to take control of Premier League club Arsenal and end the long-running uncertainty about the ownership, according to a supporters group.
The Arsenal Supporters' Trust told The Associated Press on Sunday that Kroenke plans to raise his holding from just under 30 per cent to 62 per cent, exceeding the 50 per cent threshold that gives him legal control.
...
By taking his holding beyond 50 per cent, Kroenke would be obliged to make a formal offer for the remainder of the shares at around 11,500 pounds ($19,000) each. If he reaches 90 per cent, he can compulsorily purchase the remaining shares.
So is that putting the Avs (and Nuggets) in (more) financial straits?