Chris Matheson MP being gagged by Elstone, EFC shareholders meeting moved to the Winslow pub

[hibbo'sclass]

@DerbyshireAndHarper
Shareholders have no statutory right to inspect board minutes or accounting records, and as the articles of association do not confer those rights the club don't have to show them to EFCSA

 

[DerbyshireAndHarper]

@DerbyshireAndHarper
Shareholders have no statutory right to inspect board minutes or accounting records, and as the articles of association do not confer those rights the club don't have to show them to EFCSA

That's already known. A club with nothing to hide would answer the questions and clear up the matter once and for all.

Everton choose not to do this. To many people this makes them look like they have something to hide.

Objecting to an MP speaking at an event because of something he said 5 month earlier, and because what he said is something the CEO doesn't agree with or approve of, certainly does not indicate the club have nothing to hide. It makes the CEO/club look petty and vindictive, as does calling said MP/long time supporter 'anti-Everton'.

 

[hibbo'sclass]

The origins of the problem in 2009

https://www.theguardian.com/football/2009/sep/30/leeds-united-ownership-ken-bates

The parliamentary discussion in 2011

https://hansard.parliament.uk/Commons/2011-06-21/debates/11062132000003/LeedsUnited

The outcome was that Leeds were quickly sold to Gulf Finance House in 2012 and then on to Massimo Cellino - and now it's with Andrea Radrizzani.

Thanks Dave.
The Parliamentary debate stated that it was clear who now owned Leeds (paraphrasing here) so it was transparent in terms of ownership prior to the debate or am I being thick?

 

[davek]

Thanks Dave.
The Parliamentary debate stated that it was clear who now owned Leeds (paraphrasing here) so it was transparent in terms of ownership prior to the debate or am I being thick?

It looks like that was a full parliamentary session (as Hansard is citing verbatim), and that took place after an earlier Culture, Media and Sport Committee investigation which then reported back.

Long story short: enough attention was paid to it to put the fear of God into Bates et al to sell up, and then Leeds supporters defo knew where they were.

 

[hibbo'sclass]

That's already known. A club with nothing to hide would answer the questions and clear up the matter once and for all.

Everton choose not to do this. To many people this makes them look like they have something to hide.

Objecting to an MP speaking at an event because of something he said 5 month earlier, and because what he said is something the CEO doesn't agree with or approve of, certainly does not indicate the club have nothing to hide. It makes the CEO/club look petty and vindictive, as does calling said MP/long time supporter 'anti-Everton'.

To be fair, if someone accused me of criminal behavioir under the Companies Act in the knowledge that I could take no action against them, I wouldn't be that keen to have them as a guest speaker under my roof, would you?
He came out with these statements when
Vibrac had not been involved in giving finance for approximately 15 months, Robert Earl/BRC had sold there shares about 7-8 months previously, and years earlier Philip Green had denied being involved in any way other than an informal adviser to Bill Kenwright.
I understand the no smoke without fire stance taken by some, but I also understand the Club stance - why should we publically announce things which we needn't.

 

[hibbo'sclass]

It looks like that was a full parliamentary session (as Hansard is citing verbatim), and that took place after an earlier Culture, Media and Sport Committee investigation which then reported back.

Long story short: enough attention was paid to it to put the fear of God into Bates et al to sell up, and then Leeds supporters defo knew where they were.

Just followed the link at the bottom of the original andvapparently the FL knee the owners by 2009, but couldn't/wouldn't make the name(s) public.
Whilst I understand that this is opaque, I wonder if the FL took action for Ken Bates "error".
Think I'd remember if I owned a club or not.

 

[davek]

To be fair, if someone accused me of criminal behavioir under the Companies Act in the knowledge that I could take no action against them, I wouldn't be that keen to have them as a guest speaker under my roof, would you?
He came out with these statements when
Vibrac had not been involved in giving finance for approximately 15 months, Robert Earl/BRC had sold there shares about 7-8 months previously, and years earlier Philip Green had denied being involved in any way other than an informal adviser to Bill Kenwright.
I understand the no smoke without fire stance taken by some, but I also understand the Club stance - why should we publically announce things which we needn't.

I think Matheson launched his questions under the cover of the general media blitz on Green at the time. I doubt very much he'd have done it otherwise. It did seem like a very contrived and convenient moment to finally pipe up on the issue.

 

[Khalekan]

That's already known. A club with nothing to hide would answer the questions and clear up the matter once and for all.

Everton choose not to do this. To many people this makes them look like they have something to hide.

Objecting to an MP speaking at an event because of something he said 5 month earlier, and because what he said is something the CEO doesn't agree with or approve of, certainly does not indicate the club have nothing to hide. It makes the CEO/club look petty and vindictive, as does calling said MP/long time supporter 'anti-Everton'.

Welcome to the new paradigm......this is Trumpism writ large

 

[hibbo'sclass]

I think Matheson launched his questions under the cover of the general media blitz on Green at the time. I doubt very much he'd have done it otherwise. It did seem like a very contrived and convenient moment to finally pipe up on the issue.

...and why would you bring it up when questioning someone who had nothing to do with EFC.
Strangest thing about the exchange was Greg Davies' acting as if he'd never heard of Vibrac. The FL gave Reading a suspended fine as Vibrac hadn't passed the fit and proper person test when they effectively took control when Reading defaulted.

 

[davek]

...and why would you bring it up when questioning someone who had nothing to do with EFC.
Strangest thing about the exchange was Greg Davies' acting as if he'd never heard of Vibrac. The FL gave Reading a suspended fine as Vibrac hadn't passed the fit and proper person test when they effectively took control when Reading defaulted.

The whole debate itself was less about the labyrinthine financial dealings of PL clubs and more to do with the FA and its unwillingness to reform. The Vibrac issue was just a flag of convenience for the day.

 

[hibbo'sclass]

The whole debate itself was less about the labyrinthine financial dealings of PL clubs and more to do with the FA and its unwillingness to reform. The Vibrac issue was just a flag of convenience for the day.

We have a winner.

 

[Woolly Blue]

Can't say I'm surprised the club don't want Matheson at a meeting in Goodison. By saying Green was a shadow director, he basically said Kenwright, Elstone and Woods were complicit in that arrangement along with all that goes with.

Mind you, if i was Elstone et al I'd have said nothing and let him go to the meeting, as it is, they've just stirred up the hornets nest again.

 

[evertony]

We have a winner.

To utilise the word labyrinthine definitely elevates this post to the Winners Enclosure....@Deipnosphist fella will be so jealous of @davek

Labyrinthine is up there with 'cockwomble' as far as I'm concerned

 

[joey_macmo]

and years earlier Philip Green had denied being involved in any way other than an informal adviser to Bill Kenwright.

"I helped him buy Everton, I wrote a £30m letter for him"

 

[joey_macmo]

Think the fact Matheson was speaking under privilege is being over emphasised

It's worth noting that Mihir Bose was never sued or even asked to retract his piece when he wrote this for the BBC.

Not only that Green even gave quotes for the piece.

"Although Green, one of the richest men in the country, is not formally connected to Everton, he has been involved in much of the Toffees' recent activity," said Bose.

"I understand the manager David Moyes has had to go to Green on his plans to buy and sell players, and also finalise his contract."

Green is a long-standing friend of Everton chairman Bill Kenwright and Robert Earl, who owns nearly 24% of Everton through a British Virgin Islands company.

Green confirmed his relationship with Kenwright, and speaking to Bose, he said: "Everybody knows I'm a friend of Bill Kenwright, and I helped him get Everton.