So a director has resigned. We still have no CEO. We have 3 board members 2 of them well society. They don’t want to give up control and have put it to a non binding vote. They have said they can raise 600k Pa when just now it’s 100k at most. The LA consortium want us to be a feeder club for their youth. And oh we made a loss of £1.6m.
does that sum up the AGM better without the spin ??????
The club's recruitment of a new chief executive is ongoing with Weir scheduled to depart in five weeks. McMahon steps down at the end of the season and another director, Andrew Wilson, has now resigned.1
So the bits I ca. say is society won’t slow investment unless they retain the 51%. That’s never going to happen. They have said they can plug the 1.6m deficit by raising 600k a year 😂 when we struggle to get 100k. Why do you think we’re looking for investment. The 2nd option is LA based and want to use us as a feeder club for their youth. Jesus wept we don’t want that. As for the other bit il lea e it to them to announce when ready.