The Everton Board Thread

[Ruairi77]

How does a vote of no confidence work?
I presume Moshiri has a majority shareholding and Kenwright a minority with EFCSA members holding a combined amount smaller than Kenwright's.
What percentage of shareholders is needed to call a vote of no confidence?
Do EFCSA have that number?
Other than gauging public support, is there any purpose to the petition, are a certain amount of public signatures needed?
Just not up on the ins and outs of how this all works.

 

[Moomin]

How does a vote of no confidence work?
I presume Moshiri has a majority shareholding and Kenwright a minority with EFCSA members holding a combined amount smaller than Kenwright's.
What percentage of shareholders is needed to call a vote of no confidence?
Do EFCSA have that number?
Other than gauging public support, is there any purpose to the petition, are a certain amount of public signatures needed?
Just not up on the ins and outs of how this all works.

He can ignore it.

 

[Azza]

How does a vote of no confidence work?
I presume Moshiri has a majority shareholding and Kenwright a minority with EFCSA members holding a combined amount smaller than Kenwright's.
What percentage of shareholders is needed to call a vote of no confidence?
Do EFCSA have that number?
Other than gauging public support, is there any purpose to the petition, are a certain amount of public signatures needed?
Just not up on the ins and outs of how this all works.

Depends what the articles of association state.

But most likely this will change absolutely nothing. The only way something will happen is if Moshiri wants to try and appease the fans.

 

[dockroad]

How does a vote of no confidence work?
I presume Moshiri has a majority shareholding and Kenwright a minority with EFCSA members holding a combined amount smaller than Kenwright's.
What percentage of shareholders is needed to call a vote of no confidence?
Do EFCSA have that number?
Other than gauging public support, is there any purpose to the petition, are a certain amount of public signatures needed?
Just not up on the ins and outs of how this all works.

Kenwright has 1,750 shares , small shareholders of which I am one hold 6,219. Moshiri holds 127,031 . He can do whatever he wants.

 

[Ruairi77]

Kenwright has 1,750 shares , small shareholders of which I am one hold 6,219. Moshiri holds 127,031 . He can do whatever he wants.

Figured as much.
Thanks for the numbers.

 

[Leylo]

Kenwright has 1,750 shares , small shareholders of which I am one hold 6,219. Moshiri holds 127,031 . He can do whatever he wants.

Still good tho to let them know yous aren't bloody happy

 

[trueblue84]

Figured as much.
Thanks for the numbers.

It's a statement though. The shareholders association are effectively calling moshiri out. He votes to keep the board and it is telling the fans to do one. I fully expect this will be the outcome.

 

[Ruairi77]

It's a statement though. The shareholders association are effectively calling moshiri out. He votes to keep the board and it is telling the fans to do one. I fully expect this will be the outcome.

Yeah, completely support it.
It SHOULD be enough to convince the likes of Sharp to step down.

 

[AndyC]

He can ignore it.

Be surprised if he does - it's a clear indication that something needs to be done.

 

[Davideeyore]

Wonder if the radio silence is a precursor to significant change.

It's a waiting game right now, we won't know.

My guess is... no. Significant change to me would be a new board in place or a sale. Scenario 1 new board. I don't think so. Moshiri isn't that switched on. Scenario 2 new owner. Who knows. I doubt it's going to happen while relegation is pending and there's anamosity towards to club, but sales have happened I'm sure the bar codes were taken over about a year ago in a similar storm.

 

[brieverton]

Kenwright has 1,750 shares , small shareholders of which I am one hold 6,219. Moshiri holds 127,031 . He can do whatever he wants.

He can. Anything but get rid of the chairman and CEO.

 

[MikeH72]

Averaging about 500 signatures per hour. Just broke the 7,000 barrier.

 

[maccavennie]

7000 now

KEEP SHARING!

 

[Moomin]

Be surprised if he does - it's a clear indication that something needs to be done.

I don't think he is that fussed.

It's been well over a year since he has been at a game and i can't see him coming again soon.

 

[AndyC]

I don't think he is that fussed.

It's been well over a year since he has been at a game and i can't see him coming again soon.

He'll be fussed all right - he's into this for upwards of £1B if he has to pay for BM all by himself.
He doesn't need to come to games, he just needs to act... decisively and preferably quickly.