Quote Originally Posted by NYCBlue View Post
Isaacs owned, I think, 10% of the club before Tan diluted his shares so that Isaac only owned 2% of the club.

He said a number of issues had arisen, including: whether Tan "procured the dilution" of Isaac's shareholding; whether a March 2014 loan of £7.5 million, recorded as lent by Tormen Finance Inc, was "in fact advanced by Mr Tan" but "falsely recorded" in the club's financial records; whether Mr Tan was responsible for "wrongly removing" Isaac from his position as a director of the company; whether Tan "threatened" Isaac with "a Christmas message"; and whether Tan "procured the club" to issue and pursue a "vindictive claim" against Isaac.
https://www.walesonline.co.uk/sport/...court-18365243 - June 2020.

That sounds a long way from Since62's assertion that Isaacs claims the club is worth £500m! Isaacs is claiming his shares were worth £10m at the point that they were diluted.