Quote:
Originally Posted by cavvy
Now Brian Boyd allegedly wants out - I for one have had trouble ascertaining where he sat in the whole transaction
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PAYCE is a property developer and that sector at the moment is in crisis with massive delays and cost increases, and a number of players going to the wall.
I'd suggest Mr Boyd just needs cash for his business. The interesting thing is who will take up this ownership.
To be honest Boyd (PAYCE) and John Mclellan (Wilson Security) were the big money behind ARG and pretty much during the pandemic the music stopped, Mclellan exited (with the Rogers taking up his shares) and the underwriting of category entries and broadcast agreements stopped totally.
So perhaps we shouldn't be that surprised about Boyd wanting out when he has other things he needs his money for.