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Shares in Leeds Sporting - worthless?
Matron1
Posts: 1 Newbie
I have some Leeds Sporting Shares that I bought years ago but not sure whether they are worth anything anymore - I've searched the internet but no one really answers it. ant ifo would be welcomed.
0
Comments
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Welcome to MSE. This isn't really the place to ask; the clue is in the "Credit Cards" above. However, since you're a Newbie, here's what I have been able to find, with a little help from Google.
http://en.wikipedia.org/wiki/Leeds_United_A.F.C._personnelIn 1996, Caspian Group purchased the club from shareholders for £16m. Months later, Caspian Group became a PLC and changed its name to Leeds Sporting PLC. During this period, the club had two Boards of Directors - one for the football club and one for the parent company. The name of the PLC was changed to Leeds United PLC in 2001. The parent company had four chairmen, Chris Akers (June 1996 - July 1998), Peter Ridsdale(July 1998 - April 2003), Prof. John McKenzie (March-December 2003) and Trevor Birch (December 2003 - March 2004)
In 2004, the PLC went in to administration and administrators, Ernst and Young sold the club for £30m to Adulant Force Ltd - a private consortium headed by Gerald Krasner. Several weeks later, the PLC was liquidated.Are you for real? - Glass Half Empty??
:coffee:0
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