by supersub » Fri Mar 26, 2004 12:23 am
If the "board",which in effect is David Moores and a few "yes" men,had allowed Steve Morgan buy into the club through the share issue,it would have effectively dissolved David Moores majority shareholding from 51% down to a major share holding of only 37%.This in turn could have opened the way for a future attempt to oust him as chairman and owner of the club if enough shares were acquired by Steve Morgan.This was not a course he was taking but David Moores didn't want to take any chances so he put the blocks on Liverpool Football Club being gifted £50 million.The story won't end here and I believe events happening on the field will only put pressure on the "board" to act quickly to find investment for the club or we may stagnate.
THERE'S A GREAT BIG BEAUTIFUL TOMORROW SHINING AT THE END OF EVERY DAY.
THERE'S A GREAT BIG BEAUTIFUL TOMORROW AND TOMORROW IS JUST A DREAM AWAY.