Belgiansaint Posted 8 July, 2009 Posted 8 July, 2009 If I understand things correctly, ML set up a company for the sole purpose of buying the club's parent company. Does it mean he now owns SLH and the club can still be run by the PLC or did he simply paid the debts to get out of admin and the PLC days are well and truly over?
benjii Posted 8 July, 2009 Posted 8 July, 2009 No, he didn't buy SLH PLC. SLH currently exists as a company, however it has no assets, no liabilities and no purpose. It will shortly be wound up. The PLC is finished.
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