All the debates before around conflicts of interest, etc, centred on James Blair, at least in his case it was all up front at the time when the members were voting, so although I didn't vote for him, it didn't concern me that he was on the board. I would separate this out as a different issue, this is just one person who is either oblivious to what could be a conflict, or just too egotistical to care or take advice on it.
Either way, totally untenable and I am sure many of us will stop funding Club 1872 unless this is dealt with VERY quickly.