KingKirk 25,647 Posted May 2, 2010 Share Posted May 2, 2010 When/ if Ellis takeover goes through at board room level.We all no Dave king wants the club too, and has been giving the evening times bad press to try n get the club for less.I just worry that their could be alot of fighting at that level. If the Ellis deal happens, and I dont think that will be good for the club.But my question is, if the takeover happens, will that mean their would be a new board put in place, or will that be down to Ellis to decide.? If so I would kick Dave king and paul Murray out of the club completely to stop any chance of fighting Link to post Share on other sites More sharing options...
markybear 136 Posted May 2, 2010 Share Posted May 2, 2010 I'm pretty sure king is a major shareholder? Therefore I don't think u can just kick him outta the club altogether. I'm not so sure how Paul Murray stands, I don't know too much about him tbh Link to post Share on other sites More sharing options...
KingKirk 25,647 Posted May 2, 2010 Author Share Posted May 2, 2010 I'm pretty sure king is a major shareholder? Therefore I don't think u can just kick him outta the club altogether. I'm not so sure how Paul Murray stands, I don't know too much about him tbhI no mate I dont no much either but I just am worried because of what king is doing Link to post Share on other sites More sharing options...
Jimfanciesthedude 24,546 Posted May 2, 2010 Share Posted May 2, 2010 I'm pretty sure king is a major shareholder? Therefore I don't think u can just kick him outta the club altogether. I'm not so sure how Paul Murray stands, I don't know too much about him tbhcant be that much of a major shareholder if Murray owns 92% of the club Link to post Share on other sites More sharing options...
Bluepeter9 5,167 Posted May 2, 2010 Share Posted May 2, 2010 Directors are appointed by shareholders only, now there can sometimes be rules to protect minority shareholders, like the right to have a director (say if they have a certain percentage).However it is the majority shareholders who hold the power (ie now its SDM) and the board, including AJ, are appointed by the shareholders. Real struggles for power only happen in boards where there is no such overall power pulling the strings.So there are/will be no real issues of boardroom struggles if anyone buys SDM out in entirity and controls the shareholder vote. Link to post Share on other sites More sharing options...
KingKirk 25,647 Posted May 2, 2010 Author Share Posted May 2, 2010 Directors are appointed by shareholders only, now there can sometimes be rules to protect minority shareholders, like the right to have a director (say if they have a certain percentage).However it is the majority shareholders who hold the power (ie now its SDM) and the board, including AJ, are appointed by the shareholders. Real struggles for power only happen in boards where there is no such overall power pulling the strings.So there are/will be no real issues of boardroom struggles if anyone buys SDM out in entirity and controls the shareholder vote.Cheers for that mate That was somthing i never knew Link to post Share on other sites More sharing options...
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