Sun Mar 21, 2010 11:34 am
Sun Mar 21, 2010 11:36 am
taffyapple wrote:Surely, if the majority of shareholders want Riddler out, then his 10% of shares counts
for nothing? A vote of no confidence in the chairman, an investigation into some of his
dealings could see him sent home on gardening leave, ostracised and powerless??
What hold has the sneaky tw*t got over this club?
Sun Mar 21, 2010 11:37 am
taffyapple wrote:Surely, if the majority of shareholders want Riddler out, then his 10% of shares counts
for nothing? A vote of no confidence in the chairman, an investigation into some of his
dealings could see him sent home on gardening leave, ostracised and powerless??
What hold has the sneaky tw*t got over this club?
Sun Mar 21, 2010 11:38 am
Sun Mar 21, 2010 11:42 am
Sun Mar 21, 2010 11:43 am
Sun Mar 21, 2010 11:43 am
CF11 wrote:Probably because at the moment the major shareholders, and the rest of the board thing it's the best thing to do for the moment.
With a Malaysian investment looking likely, and a possible takeover I say we should leave them to it. I don't see why we need to interfere, as much as I dislike Ridsdale.
Sun Mar 21, 2010 11:45 am
Sun Mar 21, 2010 11:48 am
Sun Mar 21, 2010 11:51 am
Tony Blue Williams wrote:I think the alledged £1m severance deal has to be the biggest issue and is similar to what Jan Molby did when he was manager of the Jacks. He was apparently on £3k p/w (massive money back then) and would threaten the board with resigning and obtaining a pay off they couldn't afford if he didn't get his own way.
Not only that Ridsdale seems to have a majority in his favour at boardroom level so an EGM would probably be the only way to oust him.
As we know to do that 5% of the shareholders need to propose and second the motion with a majority in favour then required at the meeting.
Guy, Hall and Borley for starters would need to break cover and openly come out against Ridsdale and we already know how feeble minded they are when they are asked to do that.
Sun Mar 21, 2010 11:52 am
Tony Blue Williams wrote:I think the alledged £1m severance deal has to be the biggest issue and is similar to what Jan Molby did when he was manager of the Jacks. He was apparently on £3k p/w (massive money back then) and would threaten the board with resigning and obtaining a pay off they couldn't afford if he didn't get his own way.
Not only that Ridsdale seems to have a majority in his favour at boardroom level so an EGM would probably be the only way to oust him.
As we know to do that 5% of the shareholders need to propose and second the motion with a majority in favour then required at the meeting.
Guy, Hall and Borley for starters would need to break cover and openly come out against Ridsdale and we already know how feeble minded they are when they are asked to do that.
Sun Mar 21, 2010 12:00 pm
sleepers wrote:Tony Blue Williams wrote:I think the alledged £1m severance deal has to be the biggest issue and is similar to what Jan Molby did when he was manager of the Jacks. He was apparently on £3k p/w (massive money back then) and would threaten the board with resigning and obtaining a pay off they couldn't afford if he didn't get his own way.
Not only that Ridsdale seems to have a majority in his favour at boardroom level so an EGM would probably be the only way to oust him.
As we know to do that 5% of the shareholders need to propose and second the motion with a majority in favour then required at the meeting.
Guy, Hall and Borley for starters would need to break cover and openly come out against Ridsdale and we already know how feeble minded they are when they are asked to do that.
but this time they would have tg behind them but after last time who could trust them and how long would it take to get an egm tony and how long will the offer be on the table
Sun Mar 21, 2010 1:34 pm
Lawnmower wrote:taffyapple wrote:Surely, if the majority of shareholders want Riddler out, then his 10% of shares counts
for nothing? A vote of no confidence in the chairman, an investigation into some of his
dealings could see him sent home on gardening leave, ostracised and powerless??
What hold has the sneaky tw*t got over this club?
His contract I suppose.
Sun Mar 21, 2010 2:56 pm
taffyapple wrote:But surely the 'golden ticket' scam alone hints at bringing the club into disrepute, and he could
be suspended for the 'good of all involved'... while an investigation took place. We all know that
any investigation would be just the Clubs way of ensuring he's out of the picture, and that he
doesnt have any legal recourse if found guilty.
I wonder just how complicit other members of the board have been regarding his lies and double-dealing?
Sun Mar 21, 2010 5:50 pm