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We know we&rsquo;ve said it a thousand times, but the end may actually be in sight. John &ldquo;Papa John&rdquo; Schnatter&mdash;yes, that one&mdash;may actually make his way out of the news cycle for good. <a href="https://www.restaurantbusinessonline.com/financing/john-schnatter-plans-sell-papa-johns-stock?utm_source=1851franchise.com&utm_medium=article&utm_campaign=john-schnatter-is-planning-to-sell-his-papa-johns-stock-2709889" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">Restaurant Business is reporting</a> that according to a Tuesday federal security filing, Schnatter has hired financial advisers to explore a sale of his Papa John&rsquo;s shares. 

Our team here at 1851 Franchise has diligently reported on Schnatter&rsquo;s <a href="https://1851franchise.com/the-latest-developments-in-the-papa-john-s-power-struggle-2707734" style="text-decoration-line:none" target="_blank">turbulent falling out with Papa John&rsquo;s</a> ever since <a href="https://1851franchise.com/new-york-times-papa-john-s-founder-john-schnatter-quits-as-chairman-after-using-racial-slur-2707127" style="text-decoration-line:none" target="_blank">that infamous conference call</a> in May 2018. Resignations, poison pills and multiple lawsuits later, Schnatter still owns 31% of Papa John&rsquo;s, or nearly 10 million shares. 

If he really is ready to hang it up, the selling of Schnatter&rsquo;s interest would have a &ldquo;substantial impact&rdquo; on Papa John&rsquo;s stock price, the article notes.

Read the full article <a href="https://www.restaurantbusinessonline.com/financing/john-schnatter-plans-sell-papa-johns-stock?utm_source=1851franchise.com&utm_medium=article&utm_campaign=john-schnatter-is-planning-to-sell-his-papa-johns-stock-2709889" target="_blank" rel="nofollow" style="text-decoration-line:none" target="_blank">here</a>.

John Schnatter is Planning to Sell his Papa John's Stock

1851 Franchise

After costing Papa John’s $51 million, John Schnatter may finally be walking away.

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John Schnatter is Planning to Sell his Papa John's Stock

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