Son of Cod
Well-Known Member
- Joined
- Jan 17, 2015
- Messages
- 9,934
- Reaction score
- 6,990
- Points
- 113
- Location
- Faversham
- Supports
- Grimsby Town
Not many clubs are PLCs in the grand scheme of things though I don't think? So I think football clubs avoided this somehow. I like the transparency you get with being a PLC and there has been some concern about this from the fans on our side. The new owners will be on the newest DN35 podcast tomorrow, so I'm hoping this gets asked. I don't really know enough about the difference, but apparently it's more difficult to remain as a PLC and sell the shares to the new owners.PLC is an EU regulatory status that was imposed on many British companies, replacing their previous Ltd status in UK law. Now that we're out, I dare say the current PLC status of all British companies will fall away and revert back to Ltd, when we get around to it, anyway.