The Ford family controls 40 percent of the voting power at the company.
The students have no voting power but give insight to student affairs.
Thus the current owners would retain 96 percent of the voting power.
"And we still only have the voting power of a small town," he added.
The voting power of each club is proportional to its size.
But together, the two trusts have 68 percent of the voting power in the company.
The others are not directly involved in the company except through their voting power as shareholders.
They did not have equal voting power and some had no vote at all.
The holding would give him more than 70 percent of the company's voting power.
The class B shares represent 93 percent of the voting power.