Chapter 107: Wele Back Part 1
Translator: Nyoi-Bo Studio Editor: Nyoi-Bo Studio
Freddy Eastwood's matter was settled very easily. As he was currently playing for an amateur team, he was valued at a very cheap amount. Nottingham Forest only needed to pay ??100,000 to take him away from Grays Athletic. Actually, it was possible to not pay a single cent. However, as Tang En felt bad for Eastwood, he still gave the money. After all, it was because Grays Athletic had been willing to take in a striker who had broken his leg, let him participate in matches to keep him in shape, that Tang En was able to see such an energetic Eastwood.
Both parties signed the club transfer agreement. From the first of January onward, Eastwood would be considered a member of Nottingham Forest.
Tang En, who had just returned from Basildon, heard that night that Collymore's team had lost yet another match. He knew that this kid was not far away from stepping down.
On Monday morning, the London Stock Exchange Market was open, and Nottingham Forest club announced through a stock market announcement, the changes in the shares of the club—Edward Doughty was currently in possession of 75 percent of Nottingham Forest's shares through means of purchase.
The news confirmed Tang En's guesses. He also pletely understood what Doughty and his financial advisor had been doing for the past half of the season.
What did it mean for someone to possess 75 percent of the shares of an English football club? It meant that that person would be in an authority position higher than the board of directors, and that the entire club would pletely belong to him. He could immediately announce the club's exit of the stock market, and make the private limited pany with a shareholders' system into a private club. There was also no need for him to go through board of directors' meetings to carry out any new policies and future development plans for the club, including reconstruction, expansion, new football fields, purchase and sale of players, the appointments of the upper echelons of the club… In other words, he would bee the emperor of the club, and no one could go against any decision of his.
Even if Doughty were to say "from next season onward, Nottingham Forest's season ticket prices will increase by 300 percent, and the prices of the food and beverages sold within the stadium are to be increased by 100 percent
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