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Post by gasheadpirate on Mar 5, 2016 9:25:37 GMT
Sadly i can't really see how the fans directors will have any clout on the running of the club and any good initiatives that come out of board mtgs will be ones supported the owner. The bottom line is that 92.6% of the club is owned by one source & obviously the president and his appointees will dominate any board. i am NOT suggesting the the board will make bad decisions or be negativly dictatorial but to expect a source with 7% of the shares to have any power is naive. The supporters club own less than 5% as there are a lot of fans who own small nos of shares. I have 40 for example.
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Peter Parker
Global Moderator
Richard Walker
You have been sentenced to DELETION!
Joined: May 2014
Posts: 4,920
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Post by Peter Parker on Mar 5, 2016 10:03:10 GMT
Sadly i can't really see how the fans directors will have any clout on the running of the club and any good initiatives that come out of board mtgs will be ones supported the owner. The bottom line is that 92.6% of the club is owned by one source & obviously the president and his appointees will dominate any board. i am NOT suggesting the the board will make bad decisions or be negativly dictatorial but to expect a source with 7% of the shares to have any power is naive. Not about power but given what we have heard so.far and having a foreign owner you would hope that the views of the fans would be welcome and appreciated even if not exactly acted on
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