Farhad Moshiri

[dublinbluenose]

Standard procedure not to relieve the current position holder until the correct successor has been identified and recruited.

No doubt the new investor is actively pursuing the latter.

Sacking Martinez now would purely be for cosmetic reasons. He is a dead man walking, he knows it, Bill knows it, the players know it.

 

[joey_macmo]

He has no power. He is not in charge. He isn't very well.

Let's leave him alone

To say the chairman of the football club has no power whatsoever is as wide of the mark as saying he is the one who is making the decision to keep Martinez.

 

[tommye]

To say the chairman of the football club has no power whatsoever is as wide of the mark as saying he is the one who is making the decision to keep Martinez.

Token gesture. He holds as much power as Lord Grantchester in that he has roughly the same shareholding.

Nothing to see here.

 

[joey_macmo]

Token gesture. He holds as much power as Lord Grantchester in that he has roughly the same shareholding.

Nothing to see here.

Life is not that black and white, legally that's the case but he's of course going to have some influence however small.

 

[toffee matt]

To say the chairman of the football club has no power whatsoever is as wide of the mark as saying he is the one who is making the decision to keep Martinez.

Moshiri has the shares, the money and the power. Bill is essentially just a honouray and advisory figure now.

Same happens at many clubs . The Chairman at Arsenal and Chelsea also hold no power.

 

[tommye]

Life is not that black and white, legally that's the case but he's of course going to have some influence however small.

He will probably voice his opinion. Mr Moshiri will take on board his opinion.

What he, Mr Moshiri, does after that will be of his own accord. Not Bill Kenwrights.

 

[joey_macmo]

He will probably voice his opinion. Mr Moshiri will take on board his opinion.

What he, Mr Moshiri, does after that will be of his own accord. Not Bill Kenwrights.

I agree

 

[toffee matt]

Life is not that black and white, legally that's the case but he's of course going to have some influence however small.

True. But he likes being Chairman so won't be upsetting the apple cart too much.

 

[Dixie D]

My contract never stated that I wasn't allowed to have sex with the kettle, thought they were a bit OTT about it myself.

I bet they escorted you off the premises faster than a scalded cock

 

[tommye]

True. But he likes being Chairman so won't be upsetting the apple cart too much.

I have a feeling he may be chairman for some time yet.

 

[toffee matt]

I have a feeling he may be chairman for some time yet.

Agree. He won't step down unless he has too and ultimately away from the levers of powers he's pretty harmless

 

[Whistlin' Dixie]

I have a feeling he may be chairman for some time yet.

As long as his (And that gonk woods) ability to make executive decisions has been greatly diminished, then I guess it'll have to do.

 

[hibbo'sclass]

Theoretical of course, but as long as BK is Chairman, in accordance with the Articles of Association he has the casting vote if it's a 2 all draw at board level.
If he used it to go against Mr Moshiri's wishes think I'm right in saying that Mr Moshiri should be able to call an EGM (Companies Act 2006)with a motion of no confidence and needs the backing of the owners of 36 shares to get the motion passed.
Can't see Abercromby backing BK against the guy who has a call option (presumably) for his shares which would gross him about 10m. This assumes that Abercromby still owns 1900+ shares.
Bored.

 

[bizzaro]

To say the chairman of the football club has no power whatsoever is as wide of the mark as saying he is the one who is making the decision to keep Martinez.

What decision? No PUBLIC decision has been made. However, its almost a certainty a private decision has already been made. By the man holding all the cards:

Mr Moshiri.


Just because its not happening on your timescale doesn't mean its not happening on the timescale of the man in charge.

@The Esk

 

[bizzaro]

Theoretical of course, but as long as BK is Chairman, in accordance with the Articles of Association he has the casting vote if it's a 2 all draw at board level.
If he used it to go against Mr Moshiri's wishes think I'm right in saying that Mr Moshiri should be able to call an EGM (Companies Act 2006)with a motion of no confidence and needs the backing of the owners of 36 shares to get the motion passed.
Can't see Abercromby backing BK against the guy who has a call option (presumably) for his shares which would gross him about 10m. This assumes that Abercromby still owns 1900+ shares.
Bored.

Given that Moshiri is the major shareholder. Kenwright will no doubt take that into consideration. Since as well as making decisions for the benefit of the business the chairman has a duty to prevent strife in the boardroom.

There is lots of speculation on here. About decisions having been/not having been made.

None of it accurate.

None of it relates to how a business operates.