You’re partly correct but the £4m would convert in X number of shares at Y value. So the share price is important and any existing shares they have would be diluted as would Dave’s
Don't necessarily disagree with you. Although divisive I don't feel negatively towards Chris, but it definitely skews and undermines appropriate governance when you have a non elected individual heavily involved in steering an organisation. Especially for a member organisation with a large amount of assets.
I wouldn't, but I'm not a business that is supposed to be capable of showing a certain level of professionalism. We should let him back in, the fans will be quick to give him the same treatment Boyd gets from the tims, and if it were up to me we would play highlights of helicopter Sunday on the big screens every time he is in attendance seeing as he has clearly never gotten over the trauma of that day.
Thanks I see what you mean. I 'm thinking that whatever each share is worth it would still need to add up to the value of their loan but their existing shares would be worth less. On another point I'm disappointed that the existing board don't seem to be making any moves towards say an alternative to C1872 for a real fans input. Unlike Mr Park who has already been on the board of Hearts we've always been here and always will.
I think maybe the probable fans response to Sutton is an issue for the board - the media response we would get compared to the greeting brigade would be far worse.
It’s up to fans to organise if they wish. The Board gave us the chance to invest directly and raised circa £5m
If we let him back in its almost certainly going to be for a UEFA match. If he then gets the equivalent treatment Boyd did at Tannadice we all know what UEFA do next.
Yeah, right...
Spot on RG
It took a while but you have finally revealed that you wondered if SD were involved?
I asked that almost straight away. Look back in the thread. Plenty asked it on here at the time as well.
I
Ha ha! I don’t even know how to copy and paste!
I have no axe to grind either way.
Well what was he doing? All we ever hear with claims like this is CG ran C1872 from behind the scenes. But that's it. Never an example of decisions he took, or leadership he provided. Just saying he was heavily involved can also mean he was a particularly hard working consultant.
A consultant paid by a company to run the day to day affairs of a body whose only reason for existing it to buy shares in the same company. There's a wee problem in there.
Not really and even hillheadbear didn't see a problem in it.
Thanks for posting, good article that and well worth a read.
Mmm, what's a share buying vehicle, that only exists for that purpose, being nosey for?
You are talking about something completely different from what my post was referring to.
Yeah my bad there. Was part reading someone else's comment. Take no notice.
Where's the money coming from to acquire all his shares?
I would agree if he was running the day to day affairs. However, no evidence has ever been produced that he did. Just saying he did is an accusation that diminishes in credibility the longer it has no proof to back it up.
It could possibly be an offence called 'share support'.
He attended Board meetings as attested to by Mully and Stewart MacQuarrie, wrote emails for other board members to send, wrote the press releases, etc, etc.
Woulda, coulda, possiblies. It's getting boring.
If you don't like debate then don't debate.
I don't mind debating it, the forum needs to hear alternative views. But I'll never have my mind changed (not like that matters) until I start seeing some real facts. Too much guff getting posted as fact on here.
Attending board meetings, writing emails and press releases doesn't count for much. That's the issue I have with the accusations. What did he do in the board meetings that constituted leading C1872 in a way he saw fit to? What was in the emails he wrote on behalf of others, did they ask him to write them, did they approve what he wrote?
You are 100% right and the current Directors are a Beacon of Corporate Governance
I don't think it has anything to do with that mate.
What've the Romans ever done for us, springs to mind
You're taking the piss.
Wouldn't know! You seemed very confident they would, I wanted to know where the confidence came from. I'm guessing you plucked an answer for the sake of it.
Wild mate.
