" VINCENT TAN AND CCFC SHARES "

Hope someone dont sell there shares to Tan .with Tan in charge 100 % who knows what further damage he would do to us .Name change or what ever we all no its on the cards and he is building towards doing this.Well thats what came to my mind dont trust this man he could destroy this club but in a utter mad way he has saved us to.

Anyway we will see what he has up his sleave sooner or later.

I've just had another phone call, saying because Cardiff City are private shareholders and of course private shares, so no one can force myself or anyone to sell my shares, is that true ?

I've just had another phone call, saying because Cardiff City are private shareholders and of course private shares, so no one can force myself or anyone to sell my shares, is that true ?

https://www.moneysmart.gov.au/investing ... /takeovers

That might help Annis.

In my experience a privately held company can set whatever ownership rules they like.
You sign them when you buy the shares.
Usually people don't read the smallprint but if you kept a copy of those docs it will be in there.

I've just had another phone call, saying because Cardiff City are private shareholders and of course private shares, so no one can force myself or anyone to sell my shares, is that true ?

Annis, according to the strange company rules of Cardiff City Football Club (Holdings) Ltd, once any individual shareholder owns more than 50% of the shares, he can buy all the rest of the shares whether you want to sell to him or not. That's one of the reasons the Trust stopped buying more shares.

I've been begging the Club for permission to sell my small shareholding because having handed back my ST following the rebrand, I'm embarrassed to still be a shareholder but they haven't given me permission and no longer answer my emails. Personally, I'd be glad if Tan took them off my hands but I can understand if you'd feel different.

I've just had another phone call, saying because Cardiff City are private shareholders and of course private shares, so no one can force myself or anyone to sell my shares, is that true ?

Annis, according to the strange company rules of Cardiff City Football Club (Holdings) Ltd, once any individual shareholder owns more than 50% of the shares, he can buy all the rest of the shares whether you want to sell to him or not. That's one of the reasons the Trust stopped buying more shares.

I've been begging the Club for permission to sell my small shareholding because having handed back my ST following the rebrand, I'm embarrassed to still be a shareholder but they haven't given me permission and no longer answer my emails. Personally, I'd be glad if Tan took them off my hands but I can understand if you'd feel different.

Cheers for that, but not good news, I was going to get rid of mine in May, but held back so I could still keep an eye on the club.

In my experience a privately held company can set whatever ownership rules they like.
You sign them when you buy the shares.
Usually people don't read the smallprint but if you kept a copy of those docs it will be in there.

Alex, I own a few private companies, but never made rules up, you prob right as voice of reason has just explained Dam

I've just had another phone call, saying because Cardiff City are private shareholders and of course private shares, so no one can force myself or anyone to sell my shares, is that true ?

Annis, according to the strange company rules of Cardiff City Football Club (Holdings) Ltd, once any individual shareholder owns more than 50% of the shares, he can buy all the rest of the shares whether you want to sell to him or not. That's one of the reasons the Trust stopped buying more shares.

I've been begging the Club for permission to sell my small shareholding because having handed back my ST following the rebrand, I'm embarrassed to still be a shareholder but they haven't given me permission and no longer answer my emails. Personally, I'd be glad if Tan took them off my hands but I can understand if you'd feel different.

Cheers for that, but not good news, I was going to get rid of mine in May, but held back so I could still keep an eye on the club.

The Glaziers at Man U force shareholders to sell once they had brought the Irish guys out. I think at Old Trafford they needed 85% of the shares to do that. So yes Tan could force you to sell Annis once he has the mark which in Cardiff Citys case is 51%. Don't know why it is so low though, very strange.

I had shares years ago in man utd
They trebled in value in about two years when I bought them. When glazier took over we were told if we didn't sell them to him then we would lose them. I sold mine. Having shares in a football club is a risky business and not many clubs make a profit for shareholders. Remember millwall shares dropping to one pence years ago.