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Levy's Plan

Ratcliffes stake in United is very similar to Levy's .... he's doing for the Glazers exactly what levy did for the Lewis's.

Their share doesn't give them the power to do that...it's at the majority owners wishes.

Levy’s old setup maybe where he was calling the shots. But very different to Levy’s current situation where he has no day to day control. The details of Ratcliffs shareholder agreement will have various built in protections in return for his investment. Levy’s shares wouldn’t come with that leverage.
 
Levy’s old setup maybe where he was calling the shots. But very different to Levy’s current situation where he has no day to day control. The details of Ratcliffs shareholder agreement will have various built in protections in return for his investment. Levy’s shares wouldn’t come with that leverage.
Stake, as in percentage.

What protections?
 
Stake, as in percentage.

What protections?

Stake as in well done.

Idk what will be in there, but various clauses for things like future sale of united, first refusal on buying shares should the Glaziers want to sell, conditions for special resolutions so things like shares can't just be issued to dilute the stake without Ratcliffe's agreement etc
 
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