Excuse me if my post is incorrect, this is my view of the recent situation:-
OK purchased the Bulls from the administrator for a small fee with the knowledge that investment (circa £1.5M) was needed for the next 2 to 3 years. I did hear talk of the club being purchased under a share option scheme (the same way the Glaziers bought Manchester United)?
Omar Khan then mortgaged his property empire to enable him to offer the club a loan in order to pay the wage bill.
Omar khan went on the sick and left the club (but was still 100% share holder). OK left the club in the hands of his Director Ryan Whitcut. Ryan Whitcut then arranged a loan with Mr Green which was a floating loan plus a 1% share in the company.
Has Ryan Whitcut’s actions been the downfall for OK, was OK not able to negotiate the shares sale to Mark Moore & Co as he didn’t own the Bulls outright, resulting in administration and Mark Moore getting the shares for a lower price.?
I can see a really big court case coming in the near future.
Really glad we’ve got owners who are really going to look after the club......