Huge offer made for Hearts shares

Published on: 09 August 2011

By Ameenu Shardow

A very huge offer from an unnamed personality for Hearts of Oak shares has been made, GHANAsoccernet.com can exclusively reveal.

An Initial Public offer (IPO) of 20 million shares was last week put up for sale to the general public.

However a very lucrative application as confirmed by transaction firm SAS is currently under consideration.

"An excitingly huge offer has been made by an individual who is not an ardent fan of the club," managing director of SAS, Apiigy Afenu exclusively revealed to GHANAsoccernet.com.

"The fellow called to make an appointment with us a few days ago and subsequently upon meeting us made the offer for a huge chunk of the shares."

Afenu however insisted that a majority stake in the shares does not necessarily guarantee a placed on the club’s board.

“Though obtaining majority stake will give one more say in the club, it is only up to all share holders to vote to select the 11 board of directors after the share sale,” he added.

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