Roman Still Spending

Last updated : 12 August 2003 By Rich Godden
Having initially bought a majority stake from Ken Bates, Roman made it clear that he wanted to own every single share.

Well, he's not far off achieving his goal. It was announced earlier today that Roman now owns 95% of Chelsea Village plc. Now, what that means is that, under some law or another, he can automatically buy out the remaining 5% for a nominal fee.

So, as soon as that happens, Roman will be able to remove Chelsea Village from the Alternative Investment Market. So rather than being a public company we will be private.

How intriguing....