Originally, the state had to return the
golden share until June 10, 2009.
"Each club in the SPL has a
golden share. The SPL has agreed to allow me to use the
golden share and I can ask to have it transferred into a new company."
The Italian Government have a
golden share in Telecom Italia.
The Spanish government has been eager to build a powerful national company but Prime Minister Jose Luis Rodriguez Zapatero squashed speculation that the country would exercise its "
golden share" in formerly state-owned Endesa to block E.ON's approach.
But assistant boss Poyet is hoping the club will soon be granted their Football League '
golden share' after a meeting between the League's board and senior United officials early this week.
However, while in the normal state of affairs such a shareholding would have led the Dutch government to lose operational control of the company, a
golden share' attached to each of the companies ensured this did not happen.
The Government's "
golden share" in BAA was ruled illegal under EU law in May 2003.
AWG (formerly Morrisons Construction Ltd) built the stadium in 1992, and still possess a
golden share, while the Council are landlords.
AIRPORTS operator BAA yesterday said the UK Government was preparing to ditch its so-called "
golden share" in the company, effectively opening it up to takeover bids.
``What I meant was that the WRU had assisted Llanelli in the purchase of Stradey Park when times were tough, and that the WRU had invested a large sum of money into a
golden share. ``In strictly cash terms, Llanelli owes a large sum of money.''
The possibility of the government retaining a
golden share in the airline will also be decided in the second stage.
But the Government say they will keep a 49 per cent share in the NATS plus a "
golden share" which would allow them to veto any scheme which would jeopardise safety.