[Official Site] CLUB STATEMENT: NEW BOARD OF DIRECTORS

Discussion in 'Bulletin Board' started by Newsbot, May 12, 2022.

  1. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    Does the Chairman even need to be a shareholder?

    Maurice Watkins wasn’t was he? I know when I was at Mitchells and Butlers we brought Bob Ivell in as Chairman, but prior to that he wasn’t even with the company.
     
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  2. jedi one

    jedi one Well-Known Member

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    the simple question that the board have to ask itself then rectify is: e.g. how much is callum styles worth as a league 1 player against how much is callum styles worth as a europa/champions league player
     
  3. Shy Talk

    Shy Talk Well-Known Member

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  4. lk3

    lk311 Well-Known Member

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    C
    Chairman doesn’t need to be a share holder no.
    I know a guy who is a Barrister by trade but now all he does is Chairman roles on various Boards and doesn’t have shares in most.
     
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  5. Shy Talk

    Shy Talk Well-Known Member

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    It will surely be either Neerav or Jean and I'll be happy with either.
     
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  6. Marc

    Marc Administrator Staff Member Admin

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    Dunno. Was just just assuming Chair would be someone from the new Board. Would like it to be Jean. I think I'm probably picturing her as kind of our Ann Budge.
     
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  7. wolvestyke

    wolvestyke Well-Known Member

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    Does anyone know Jean Cryne's background? All I seem to be able to find online are references to being Patrick's wife. Does she have a business background? This isn't setting up a criticism of her, as I said in a previous post I'm very pleased that she's more involved and am certain she will want to protect and further Patrick's legacy. I'm just curious about the skills and experience of our new Board.
     
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  8. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    I interpret Jean’s election to the board as a signal of intent around the new regime being custodians of the club moving forward, rather than her skill set being from a business background per say. You need a sounding board in there to try and second guess how decisions might be received - I think this is what is lacking in a lot of football clubs and why the fan-led review is so important.
     
  9. dreamboy3000

    dreamboy3000 Well-Known Member

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    Do we know why Neerav stuck around? Just confusing why the secret owners felt the need to get shut of everyone who came in at the same time except him. Why is he the exception? Not against him staying just thought he would have left with the others who joined when he did.
     
  10. Hig

    Higgy Well-Known Member

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    He isn't part of that. Like Chien he's got a share % alone.

    Seems from what others have put and looked at the statement he's grown to love the football club and be a fan. Along with his Own Wealth pool behind him and a friendship/ alliance with the Cryne family he wants to stick around and maybe increase his presence at the club.

    From the other thread. When BB shares came on offer he was the one that bought them up and increased share % there before selling a small % to Chien for whatever reason.

    The 80% comments that people have been throwing around over the last year or so weren't ever true it seems. They weren't ever a group. They were different investors with very different opinions. Paul Conway been forced because of that.
     
  11. Loko the Tyke

    Loko the Tyke Administrator Staff Member Admin

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    I think you’re going down the rabbit hole many supporters have gone down, in thinking that the investment group initiated this change.

    I would give more credit to our current board of directors for the announcement this week.
     
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  12. North Yorks Red

    North Yorks Red Well-Known Member

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    All seems a bit surreal at the moment.
    Nothing really to complain about really ( albeit it would still be good to see confirmation of the full facts).
    Can't really see what direction we are taking until we get a manager in place and there's been sod all in the way of updates on that, although given last weeks developments its likely they have pulled the scouts out of places like deepest non league Lithuania and started looking anew .
     
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  13. Le Gessien

    Le Gessien Well-Known Member

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    Neerav is a shareholder (c.23%) so the "secret owners" have no handle over him. The "secret owners" have a minority shareholding (like Neerav). Once the four-year nomination of Conway expired the "secret owners acting for them" decided they didn't want Conway. It would seem that the "secret owners" are happy to have Neerav and Jean Cryne on the board. I suspect that, as Gally/Loko have intimated, Neerav and Jean Cryne were in touch with the "secret owners" to bring about this change.....
     
  14. Shy Talk

    Shy Talk Well-Known Member

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    Agree. I think most of us would support having a supporter on the board and I think for now Jean fits the bill very well.
     
  15. Shy Talk

    Shy Talk Well-Known Member

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    My impression of Neerav is that he's the one out of the previous regime who genuinely took a liking to the club and became a fan. He attends a lot of games and I think he sometimes sits with the fans at away games.
    Im not in the least bit surprised that he seems to be stepping forward and taking a more prominent role.
     
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  16. SamBfC90

    SamBfC90 Well-Known Member

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    Neerav seems to have fallen in love with the club, he’s clearly been a massive football fan & has obviously adopted our club as his own, & from what I can gather has become a good friend of James Cryne. I remember when we appointed Jose Morais, the clubs media uploaded photos of his first training session, & Neerav was stood watching from some scaffolding on the training pitch, he’s clearly invested in the club personally & financially .
     
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  17. Ric

    RichieD Well-Known Member

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    I can see Neerav emerging from this as chair of the board. I suppose to an extent it's going to be who feels most comfortable with PR side of the role. Perhaps Jean could do this. Having to explain coherently why you have sacked a manger or, hired another is perhaps the benchmark.
     
  18. Shy Talk

    Shy Talk Well-Known Member

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    ...or Delia. Can you imagine Jean on't pitch at halftime, off her trolley singing "Wot the f*****g 'ell wor that?"
     
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  19. Dep

    Deputy Dawg Well-Known Member

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    isn't it the law public company's ? that you have to have independent members of your board and chairman
    who have no connection to said company's
    and this is also strongly advised or maybe even law at private company's.

    hence as you said you get people chairing multiple boards
    advising, having a independent outside view and obviously noticing any dodgy or strange monetary activity
     
  20. Dep

    Deputy Dawg Well-Known Member

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    If Chien or the people behind the PMG shareholding or i guess anyone who is a shareholder in BFC.
    decide to sell there shareholding in the club
    do they have to offer to sell them to the other shareholders first
    before selling them for better word on the open market
     

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