Sat Jun 23, 2012 6:40 pm
BigGwynram wrote:Damned Yank wrote:Gwyn, great suggestion. Some sort of committee would probably make a great/positive difference.
Of course it is, they can all vote and decide how VT should risk his money to suit them then.
Sat Jun 23, 2012 6:47 pm
since62 wrote:BigGwynram wrote:Angry Man wrote:Interesting topic Gwyn but I'm totally against committees running football clubs. Yes it can be done at a very lower level because of the small figures involved but you need people who understand economics to run a football club.
Whilst I agree that the club is Tans to legally do what he wants with it. I don't understand what benefit is has to the club when a move spilts the support as much.
So let's say this Billionaire business man has a long term plan that is based around this red theme, and he is prepares to go along with that scheme and risk a hundred million pounds of his money.
Should he, as the owner be forced to tell us these plans, even if it is confidential and involves a third party who don't want it made public at the moment, and it puts the plan at risk?
So if such a scenario exists , would you not expect that business man to tell the executive directors of the company he is investing in what that plan is? After all , it is them not him that have the legal and fiduciary duty to run the business on a day to day basis. At present , VT has no such responsibility - he is a creditor and minority shareholder.
There is nothing to suggest that he has told either the Chief Executive or the Finance Director. indeed , if you recall at the meeting on 8 May you and I attended with others , Alan Whiteley confirmed that he had not been told any business reason for the change of colours.
Sat Jun 23, 2012 7:12 pm
since62 wrote:BigGwynram wrote:Angry Man wrote:Interesting topic Gwyn but I'm totally against committees running football clubs. Yes it can be done at a very lower level because of the small figures involved but you need people who understand economics to run a football club.
Whilst I agree that the club is Tans to legally do what he wants with it. I don't understand what benefit is has to the club when a move spilts the support as much.
So let's say this Billionaire business man has a long term plan that is based around this red theme, and he is prepares to go along with that scheme and risk a hundred million pounds of his money.
Should he, as the owner be forced to tell us these plans, even if it is confidential and involves a third party who don't want it made public at the moment, and it puts the plan at risk?
So if such a scenario exists , would you not expect that business man to tell the executive directors of the company he is investing in what that plan is? After all, it is them not him that have the legal and fiduciary duty to run the business on a day to day basis. At present, VT has no such responsibility - he is a creditor and minority shareholder.
Sat Jun 23, 2012 8:46 pm