tasslehoff
Player Valuation: £10m
I like Elstone
Just look at that face. Dreamey
Just look at that face. Dreamey
trophies won-nil = moyes....not kenwright,not elstone,not earl.
We signed Hitzelsperger?
I've been off too long.
Aye mate. Short term deal until the new year.
When did we sign him?
It was more than simply just threatening to repeatedly call EGMs (which causes great disruption and is expensive) though. The dissenters wanted to change the voting system from one vote per share to one vote per shareholder so that the more numerous minority shareholders could run the club instead of the majority shareholders.
They had no choice - have been forced into it.
If I was one of 3/4 people who had spent tens of millions buying something then I wouldn't let a few hundred people who had spent £1,000 each tell me what to do with my investment either,
I see - so let's follow the logic of what you are saying....
Everton have 35,000 shares.
Let's say that someone crazy enough to want to buy us buys up all the shares for say £100m. That is, all but two shares because the two people who bought them ages ago for £1,000 don't want to sell. So he has 34,988 shares.
Under your system the two minority shareholders would be able to tell the fella who has spent £100m what to do because their two votes would outvote his one vote.
It is a patently bollocks idea and is why it does not happen in any business around the world.
What did he have to say about the new sky/bt deal?
Its pathetic that our debt hasnt lowered, pathetic.
Is he? If I was someone who'd let my own house fall into such disrepair I'd been openly telling everyone it was falling down around my ears and I had no chance of moving to anything better, I certainly wouldn't dream of looking smugly over the fence at a neighbour who'd maintained their home but failed to move to a bigger house. It just underlines how bankrupt this regime is that they have the brass neck to do exactly that.
It was more than simply just threatening to repeatedly call EGMs (which causes great disruption and is expensive) though. The dissenters wanted to change the voting system from one vote per share to one vote per shareholder so that the more numerous minority shareholders could run the club instead of the majority shareholders.
No change was necessary. Normally it is one vote per share but the articles allow for those calling an EGM to specify whether or not the vote was one vote per share or a show of hands. Grayson and Bennett missed this, didn't get what they wanted in their first EGM and so wanted to call a second to be decided by a show of hands instead. Naturally the majority shareholders put a stop to that.How were the dissenters going to engineer this change of the company articles btw, given that would require a vote using the current voting procedures of one votes per share.
By gunpoint revolution ?
#bull****
No you started with the idea that it was not democratic for the majority shareholders to have more votes than the minority shareholders. I am merely pointing out the stupidity of that position - no-one in their right mind would buy us if your system of corporate governance was in place. Who on earth would spend £100m and just totally give up control fo their money like that? It is just bollocks.You started this bit of posting about holding, and the process of, GMs NOT selling the club.
Kenwright had better get those 30% of shareholders onside though just in case someone wants to buy the club as those people he has managed to shunt up the sidings will kick his plans to sell into the long grass.
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