Mr. Heed recently increased his shareholding in SAFC to 5% by buying another 28,000 shares at a cost of £125,000 this week. His 428,000 shares are worth £1.88 million at the current share price.

His contract runs out this summer and he has not as yet signed a new one - so, perhaps he's considering taking over the Club and getting rid of his bosses!

Joking aside, he clearly sees his long-term future being with SAFC and is making sure he benefits from any value he would be largely responsible for creating. On the other hand, of course, "shares can go down as well as up".

-- Anonymous, April 13, 2001

Answers

I would imagine he's banking on the extra income they would generate if they get into Europe. If they don't however, I would imagine that their share price would drop dramatically.
I've started to feel a bit more optimistic recently (Don't know why) and if we win at SOS we COULD sneak that last European place ahead of Sunderland.

Dreams sometimes come true.

-- Anonymous, April 13, 2001

It's his insider knowledge that only a fraction of profits will be spent on new players making the dividends far more important than the shares' face value. He knows exactly how much is coming to shareholders, and if something should go wrong, he can always so another Nunez.

-- Anonymous, April 14, 2001