Thanks, John.

I almost understood this bit - I can't be that thick then... 

 >>>Mr Levi has obviously taken exception to something that has gone on
as a result of this. Probably that he now is no longer part owner of 50%
of the company that owns LUFC but instead part owner of a company that
owns 3% of LUFC - his share holding has been diluted.  He has gone to
Mssrs Sue, Grabbit and Runne.<<<

I would say to Levi - tough sh!t. Caveat Emptor? 

Although in fairness, at the time he bought it, I suppose it was clear
to him!

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