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Old 05-22-2013, 01:56 PM
slavko slavko is offline
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Join Date: Oct 2002
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Originally Posted by Lip Man 1 View Post

I heard that his share is between 5% and around 22% but because the Sox have so many 'owners' his share is actually the majority share of the club.

He's also been given some additional percentage of the franchise because he's run the team for all these years.

On the surface his percentage of ownership is small on a scale of 1-100, but it's enought to be in charge of the team.

Legally, the way partnerships work, he needs 50% plus of the shares supporting him to maintain control. If he owned 49% and all the other partners voted to oust him, he'd be gone.

Right, attorneys?
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