like the posts TDL makes online but his constant claims that Belokon has been trying to remove 23M from the club are nonsense.
First of all, as i understood it, Belokon was requesting 23M from the Oystons to buy his 20% stake in the company. This has nothing to do with removing money from the club, he is selling his interest in the company, and asking the Oystons for payment in exchange. This seems like a perfectly reasonable transaction to me. If he was asking for 23M while maintaining his shareholding that would be a different story but he is not.
Secondly, it would be possible for the OYSTONS to finance the purchase of Belokons 20% holding using the clubs money (if we had any left!), via a company buy back, whereby the clubs money was used for the club to buy back Belokons shareholding. If this approach was used it would need to be approved by the majority shareholders (the Oystons) and it would in fact be THEM advocating the removal of 23M from the club so they can increase their shareholding without paying for it out of their own pocket. This is how I currently see it, am I missing something here? [Post edited 22 Aug 2014 14:25]
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