Captainreblue
Vital 1st Team Regular
It amazes me that so many misunderstand what the difference between an investment and a takeover are.
If someone wants to take over control of the club, they are no longer an investor in the sense of the word scallys looking for. They are a buyer and are taking over the club, not investing in it with scally. I think Scallys been clear he's not particularly looking to sell the club. Hes looking for an investor to work with him. By definition this means he'll retain control. When you watch dragons den, and the dragons invest 40% in the businesses, the dragons dont take over control of the business, nor are they interested in doing so.
As an investor, investors will only have very limited input to the decision making process. Theyll no doubt have shares/voting rights according to their investment. Cant see scally giving out more than 50% of any shares of gfc unless he's fully selling up and making a good profit.
Your last paragraph sums up why Scally is still flying solo. Nobody in their right mind (Unless your Michael Anderson and look how that turned out) would put any of their money into GFC to let PS generally decide what he does with it. That's basically what PS wants and is why he's still looking. What PS also doesn't seem to understand is that you can want investors all you want but unless you make it attract to them they won't come and they haven't. I don't believe there haven't been interested parties over the years but it has not been on PS' terms so hasn't happened.