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Post by iblue on Aug 5, 2011 17:36:50 GMT 1
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Post by iblue on Aug 5, 2011 19:03:15 GMT 1
Can anyone put some reasoning and explanation on this? - as it's beyond me
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Deleted
Deleted Member
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Post by Deleted on Aug 5, 2011 21:07:30 GMT 1
It's beyond me. I can't understand how the chairman of a company can come to an agm to ask the shareholders to approve resolutions but refuse to disclose details of the deals he has been doing. Very odd. Imagine the chairman of BP/Vodafone/Lloyds etc doing the same? Madness
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Post by murmidon on Aug 5, 2011 22:12:20 GMT 1
'Trust me, I have the club's interests at heart'.
How many fans at how many clubs have heard that one before? (thinking of Wimbledon, Rotherham, Brighton, etc etc etc.)
Remember these classic moves involving stadia?
'Hammam arranged for ownership of Wimbledon's Plough Lane home ground to be held by a private company, of which Hammam himself was a director. After Wimbledon were forced to move out of their ground and groundshare at Selhurst Park with local rivals Crystal Palace in 1992, Hammam opened discussions with the Council to lift a covenant on the site, requiring it to be retained for sporting use. Once this was removed, Hammam went on to sell the site to supermarket giants, Safeway, for a substantial profit, leaving the club without a home ground.'
OR
'Bellotti as CEO of Brighton & Hove Albion, a position in which he controversially took part in the sale of the Brighton's stadium after the club's articles of association had been changed, allowing for profit to be made on the sale of the Goldstone Ground.'
Of course, our situation could all be a win-win good news scenario...and everything turns out lovely. Forgive me for being so cynical.
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