I think that the key thing here is that the current shareholders in Rovers can have their ownership of the club taken off them by the examiner.Originally Posted by higgins
The ownership of the club could then be sold to, for example, the supporters at,to pick numbers, 1000 euro per shareholding. If a thousand supporters signed up, then a good chunk of the debt would be cleared.
I'm no expert bit that's the way forward as I see it.
As an eL supporter I hope two things happen in this mess.
- That the FAI or the government don't bail out Rovers. That would set a terrible precedint.
- That Rovers don't go out of the league, that would be a loss to anyone involved in the eL.
Rovers have spent over their means for a long time now. It is fair that they experience a painfull readjustment. Hopefully at the end of it all they will be still here.
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