Farhad Moshiri

[bizzaro]

I need to emphasise that a company chairman is generally expected to bring an INDEPENDENT view to the boardroom decisions they have to make.

In the interests of everyone.

Anyone thinking Kenwright is somehow protecting anyone or blocking decisions is completely wrong.

Businesses don't operate on a SOCIAL MEDIA TIMESCALE.

Certainly not a business like EFC.

 

[joey_macmo]

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

You misunderstood then went on a bit of a rant, no surprise really

 

[hibbo'sclass]

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.

I have given a situation which could arise and how the Chairman could be removed in accordance with the Articles of Association and the Companies Acts.
Do neither of these count when operating a business?

 

[bizzaro]

I have given a situation which could arise and how the Chairman could be removed in accordance with the Articles of Association and the Companies Acts.
Do neither of these count when operating a business?

Yes. But there you're basing such an assumption that there is a conflict within the boardroom. Which has been the theme for the last few pages.

People are projecting their private anti-Kenwright bias.

Thinking that there is something wrong (after 4 weeks) in the boardroom. Which is nonsense.

People taking delight in the thought Kenwright and Moshiri are at each others throats. Which is utterly ridiculous.

 

[hibbo'sclass]

Yes. But there you're basing such an assumption that there is a conflict within the boardroom. Which has been the theme for the last few pages.

People are projecting their private anti-Kenwright bias.

Thinking that there is something wrong (after 4 weeks) in the boardroom. Which is nonsense.

People taking delight in the thought Kenwright and Moshiri are at each others throats. Which is utterly ridiculous.

If you bothered reading the first word of the post ie Theoretical, you may have sussed that I was pointing out that BK does have power contrary to earlier assertions otherwise, and a possible remedy using standard business procedure and Company Law.
I would very much doubt that there would be discord in the Boardroom given that 2 members of the board have (presumably) call options on their shares, but if there is, given you the solution.

 

[bizzaro]

If you bothered reading the first word of the post ie Theoretical, you may have sussed that I was pointing out that BK does have power contrary to earlier assertions otherwise, and a possible remedy using standard business procedure and Company Law.
I would very much doubt that there would be discord in the Boardroom given that 2 members of the board have (presumably) call options on their shares, but if there is, given you the solution.

Theres a whole host of options a disaffected shareholder could make against the board not taking their duties appropriately.

But its an entirely mute point.

In that the business is operating fine in private. No doubt finding options and negotiating the exit of Martinez (given the position more widely in the fanbase; lack of trophies and poor league position) whilst acquiring the replacement that is mutually acceptable to the board members.

They are not going to do this in public.

Doesn't mean there is any boardroom strife. Or to think that there is a disaffected shareholder (Moshiri) or the need for an EGM.

A decision will be made publicly in due course. When the board are ready to go public.

 

[Foot Long Hot Dog]

Theres a whole host of options a disaffected shareholder could make against the board not taking their duties appropriately.

But its an entirely mute point.

In that the business is operating fine in private. No doubt finding options and negotiating the exit of Martinez (given the position more widely in the fanbase; lack of trophies and poor league position) whilst acquiring the replacement that is mutually acceptable to the board members.

They are not going to do this in public.

*moot* Damo lad

 

[BlueLlama]

*moot* Damo lad

I wish he was mute ffs

 

[bizzaro]

*moot* Damo lad

Its all this rubbish on the last few pages.

Turned this into an anti kenwright thread when its a EFC board thread.

And the board isn't consisting of just kenwright. Or any evidence of conflict on the board.

 

[hibbo'sclass]

Theres a whole host of options a disaffected shareholder could make against the board not taking their duties appropriately.

But its an entirely mute point.

In that the business is operating fine in private. No doubt finding options and negotiating the exit of Martinez (given the position more widely in the fanbase; lack of trophies and poor league position) whilst acquiring the replacement that is mutually acceptable to the board members.

They are not going to do this in public.

Doesn't mean there is any boardroom strife. Or to think that there is a disaffected shareholder (Moshiri) or the need for an EGM.

A decision will be made publicly in due course. When the board are ready to go public.

So the whole host of options thing - name one that doesn't involve a general meeting - unless you're going down the legal route.

 

[Goat]

I wish he was mute ffs

Leave Damo alone.

 

[hibbo'sclass]

Its all this rubbish on the last few pages.

Turned this into an anti kenwright thread when its a EFC board thread.

And the board isn't consisting of just kenwright. Or any evidence of conflict on the board.

It's a Moshiri thread - shareholder.

 

[tommye]

Leave Damo alone.

He deserves all the abuse he gets.

 

[Goat]

He deserves all the abuse he gets.

Damos good people, he fie, leave him be.

 

[AlexNyarkone]

Grab a pint of John Smiths and sit tight. Things will all work out well, we will be back. I'm going to stick twenty quid on us to win the league next year tonight.

You heard it here first!