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DemonUK

Nahaboo

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Here's one.... who actually owns Featherstone rovers rlfc?

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What it said if you read it correctly was ' Rovers to buy a pricey, giant marquee for Carvery'.

well it may be torrid at Fev at the moment, but maybe the time to really worry is when our Championship rivals stop obsessing over us...talking of which I wonder where Leigh director Andy Mazey might have got this little quote he put up on Twitter (after the above post)...

Andy Mazey @andy_mazey 2h

Have I got this straight Fev are looking to buy a pricey, giant marquee2753.png

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well it may be torrid at Fev at the moment, but maybe the time to really worry is when our Championship rivals stop obsessing over us...talking of which I wonder where Leigh director Andy Mazey might have got this little quote he put up on Twitter (after the above post)...Andy Mazey ‏@andy_mazey 2h

Have I got this straight Fev are looking to buy a pricey, giant marquee2753.png

It's funny isn't it? I've read his quips about Rovers but this is a bloke who uses other people's humour in his quotes, in order to gain popularity, I wonder what other fake talk he comes out with?

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Dunt he know it's to protect the pitch. The idea came from USA they use it for soccer pitches.

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Here's one.... who actually owns Featherstone rovers rlfc?

 

No one individual, although I daresay there is one who thinks he does............

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No one individual, although I daresay there is one who thinks he does............

Nahaboo is the majority shareholder. Dependant on what majority that is, he is the puppet master!!.

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Nahaboo is the majority shareholder. Dependant on what majority that is, he is the puppet master!!.

 

Actually, according to the club's annual return to companies house, Nahaboo is the largest shareholder but not a majority shareholder. There are 531 "A" shares and 59,600 "B" shares making a total of 60,131 shares. Nahaboo has 30,000 shares (though not held in his own name, they are held by Probiz Excellence Ltd) so is a few shares short of having an absolute majority shareholding.

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Actually, according to the club's annual return to companies house, Nahaboo is the largest shareholder but not a majority shareholder. There are 531 "A" shares and 59,600 "B" shares making a total of 60,131 shares. Nahaboo has 30,000 shares (though not held in his own name, they are held by Probiz Excellence Ltd) so is a few shares short of having an absolute majority shareholding.

 

A and B are not counted in the smae category as they have different voting rights for different directors. Feisal is the majority shareholder of the only shares avaialble to buy. B shares.

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A and B are not counted in the smae category as they have different voting rights for different directors. Feisal is the majority shareholder of the only shares avaialble to buy. B shares.

 

Yes, but according to the company articles he only gets one vote on a written resolution the same as every other shareholder. On a members poll its 1 vote per share, on a show of hands or written resolution its 1 vote per shareholder for B shares.

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Nahaboo is the majority shareholder. Dependant on what majority that is, he is the puppet master!!.

 

Maybe, but he still doesn't 'own' the Club.

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Why dont tgey offer the fans shares? Like all the employees at John Lewis have a share in the company. We would all own a miniscule amount of rovers then lol :-D

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Here's one.... who actually owns Featherstone rovers rlfc?

Me, wi all the brass I have spent there over many years.

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AS Terry said the 'A' share holder have the casting vote in any controversial resolution such as selling the land. I was aware of that but my point was that I didn't want the 'A'share holders falling for any 'soft soap'. We should retain ownership and lease it and then look to a shared income from any buildings built. Otherwise you are looking at reducing capital to cover overheads and no land ownership. These anonymous people coming in bother me.

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AS Terry said the 'A' share holder have the casting vote in any controversial resolution such as selling the land. I was aware of that but my point was that I didn't want the 'A'share holders falling for any 'soft soap'. We should retain ownership and lease it and then look to a shared income from any buildings built. Otherwise you are looking at reducing capital to cover overheads and no land ownership. These anonymous people coming in bother me.

I like the idea of retaining ownership and leasing land. That way we would still make a profit from the land if it does have any sneaky part in this.

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AS Terry said the 'A' share holder have the casting vote in any controversial resolution such as selling the land. I was aware of that but my point was that I didn't want the 'A'share holders falling for any 'soft soap'. We should retain ownership and lease it and then look to a shared income from any buildings built. Otherwise you are looking at reducing capital to cover overheads and no land ownership. These anonymous people coming in bother me.

 

There are ways and means of 'manipulating' things so that the A shareholders have (effectively) no choice but to agree to sell the land to keep the Club alive.

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...We would all own a miniscule amount of rovers then lol :-D

 

You can do just that if you're a season ticket holder and have the princely sum of £10 spare.

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You can do just that if you're a season ticket holder and have the princely sum of £10 spare.

This should be announced every year when season tickets are for sale

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You can do just that if you're a season ticket holder and have the princely sum of £10 spare.

Im sorry what? When was this HOW come I was never informed?! I hold a gold membership what the hell am i playing at I need to pop a tenner in!

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Why dont tgey offer the fans shares? Like all the employees at John Lewis have a share in the company. We would all own a miniscule amount of rovers then lol :-D

 

They have. Plenty of fans are B shareholders, albeit with a small number of shares. There's nothing to stop anyone. I think only 60,000 of the original 100,000 shares have been sold.

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There are ways and means of 'manipulating' things so that the A shareholders have (effectively) no choice but to agree to sell the land to keep the Club alive.

  

There are ways and means of 'manipulating' things so that the A shareholders have (effectively) no choice but to agree to sell the land to keep the Club alive.

Interesting. Tell us more.

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You can do just that if you're a season ticket holder and have the princely sum of £10 spare.

 

That would be for an A share.

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I don't understand all this talk about the land tbh.

 

It's been there forever and no-one's ever done anything with it or wanted it.

 

Is it buildable land?

 

If whoever really was interested in the land, there'd be a much easier way of getting it than buying into a rugby club, investing in players, etc.

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                 i   was   led   to   believe   the    farmer   who   left   the   land   were   the   training   centre   is   put   on   a   covernant   so   the   land   must   be   used  for   recreational  or   sporting   use   only .if   this   is   correct   he   gets   my   respect    what   a   shrewd   cookie.

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I don't understand all this talk about the land tbh.

 

It's been there forever and no-one's ever done anything with it or wanted it.

 

Is it buildable land?

 

If whoever really was interested in the land, there'd be a much easier way of getting it than buying into a rugby club, investing in players, etc.

Will it ever be buildable land Mark? Not worth a fortune otherwise

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