Re: IT IS OFFICIAL
Sat May 01, 2010 10:10 pm
carlccfc wrote:The funding has been approved and the agreememnts reached, now it is down to the shareholders to approve it and vote to sell the new shares to TG and Vincent Tan.
Peter Ridsdale will leave the club on May 31st and you will find he will be taking Alan Flitcroft, Keith Harris, Gareth Davies and Spencer with him.
The club released a statement early hours this morning :
CARDIFF CITY CLUB STATEMENT
Sat 01 May 2010
A statement by the board of directors of Cardiff City Football Club.
Agreement has been reached with regard to new funding for the company and restructuring of its existing debt. This will be put formally to a shareholder meeting on Thursday, May 27, 2010. As a result of this new fundraising, Peter Ridsdale, Chairman and Chief Executive of the Company, will be standing down from his position and leaving the Company on May 31, 2010.
Michael Isaac, Paul Guy and Steve Borley will also be Board members.
Re: IT IS OFFICIAL
Sat May 01, 2010 11:15 pm
carlccfc wrote:The funding has been approved and the agreememnts reached, now it is down to the shareholders to approve it and vote to sell the new shares to TG and Vincent Tan.
Peter Ridsdale will leave the club on May 31st and you will find he will be taking Alan Flitcroft, Keith Harris, Gareth Davies and Spencer with him.
The club released a statement early hours this morning :
CARDIFF CITY CLUB STATEMENT
Sat 01 May 2010
A statement by the board of directors of Cardiff City Football Club.
Agreement has been reached with regard to new funding for the company and restructuring of its existing debt. This will be put formally to a shareholder meeting on Thursday, May 27, 2010. As a result of this new fundraising, Peter Ridsdale, Chairman and Chief Executive of the Company, will be standing down from his position and leaving the Company on May 31, 2010.
Michael Isaac, Paul Guy and Steve Borley will also be Board members.
Shareholder approval is only a matter of timing Carl as more than 82% of shareholders (more than enough to pass the resolutions required) have already given a legally binding pledge to vote in favour at the meeting.
Keith
Re: IT IS OFFICIAL
Sat May 01, 2010 11:38 pm
since62 wrote:carlccfc wrote:The funding has been approved and the agreememnts reached, now it is down to the shareholders to approve it and vote to sell the new shares to TG and Vincent Tan.
Peter Ridsdale will leave the club on May 31st and you will find he will be taking Alan Flitcroft, Keith Harris, Gareth Davies and Spencer with him.
The club released a statement early hours this morning :
CARDIFF CITY CLUB STATEMENT
Sat 01 May 2010
A statement by the board of directors of Cardiff City Football Club.
Agreement has been reached with regard to new funding for the company and restructuring of its existing debt. This will be put formally to a shareholder meeting on Thursday, May 27, 2010. As a result of this new fundraising, Peter Ridsdale, Chairman and Chief Executive of the Company, will be standing down from his position and leaving the Company on May 31, 2010.
Michael Isaac, Paul Guy and Steve Borley will also be Board members.
Shareholder approval is only a matter of timing Carl as more than 82% of shareholders (more than enough to pass the resolutions required) have already given a legally binding pledge to vote in favour at the meeting.
Keith
Yes Keith thats why it is official
