Originally Posted by CaptainK
IMO that is something that has to be approved by the board - the shareholders can't bypass the board who are there to make these kinds of decisions. If Gillett decides he wants to oppose the plan so that the assets remain within the club and he can get more for his share, all he needs is Parry and Moores to back his votes and Hicks is outnumbered.
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What makes you think GG will oppose that? If Hicks cannot keep up with the repayment, Gillett has no chance. Gillett will be the first to approve something like that.