Which is a bit of a non-statement in itself when what they said they'd stop doing is running it in the interests of the club. What's good for the club is what's good for the shareholders, they own the club, so if the club benefits they receive that benefit in the increased value. On a purely business sense (I appreciate the irony) it's not that difficult to dismiss. Allam Marine is a successful business that has produced profits over a significant period of time. If he took on external investment he would lose a portion of that company to the new investors. You would only agree to give up a stake in that business if you wished to expand the company at a rate that couldn't be financed from reinvesting the profits you already made. As a long established international business there's probably not much potential to expand particularly quickly regardless of what you spent to do it, they're not a newcomer to the market and there's no new market opening up to them. I'm also wondering if as a diesel generator manufacturer they'd be an attractive investment at a time when renewable energy is becoming such a big thing for state funding round the world, will be for the foreseeable future, and the resources customers use to fuel your product are depleting and will become more and more expensive as time passes.
Mr Diesel's engines were not designed to run on "diesel", but on vegetable oils. Diesel generators should be ideally set up for the greener bio-fuels.
