Springburnjag
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Everything posted by Springburnjag
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Got it ! What’s the issue ?
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As far as I know that’s the plan so let’s hope that’s how it turns out
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I’m not sure tfe have any shares
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Not that I’ve seen
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Ok let’s assume one of your bad scenarios happens .....what would happen. Next ?
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You really are missing the point ..., I understand there are requirements there is also how things actually work in practice
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That sounds right to me and would not only be avoiding any conflict but would be sensible as well
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Yes a director can represent a specific group in a board but still have a Responsibility to all shareholders I’m surprised you don’t know that no I’m trying to say the obvious that any decision of the board cannot be overturned by shareholders because at least 55% if shareholders would vote against so it won’t happen legal action would be the only remedy available
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I think the distinction between theory and practice is getting lost .... but I suspect your not a Marxist all your legal points are pretty dependent - assuming there was any basis for legal action - on someone actually doing that and funding it ... you ?
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As 3BC own the club I would think they do as would the BOD ....they would be transferring their shares to this new body ...only an opinion I’m not in any loop
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I just told you so you do know ... who are you connected to ?
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But I’m not connected to either in any way
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Don’t know
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Ffs individual directors can ‘represent ‘ shareholders on a board if the board have 55% of the shares good luck with trying to overturn their decision have you the funds to take the club to court ?
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Well society as I understand it and looks very sensible and no one is excluded
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Who or what is paul ? if their members approve it
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How about you stop being ultra pedantic .... it is BASED on the Motherwell model and we will all take it from there .... I don’t go into your earlier posts on the distinction between 3BC , the board and company law as I think your co fusing yourself
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Which of course is why that won’t happen
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Why are you asking me ?
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No I never said that but carry on
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It’s the 52/2 ratio that gets in the way
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The PTFC. Trust and tfe I expect to create a new fan group and effectively disappear the jags trust ? No idea
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No no and no
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I think you are missing the reality that a bod are there to look after the interests of shareholders - yes I know all shareholders - and the biggest shareholders get more say .... and directors do represent blocks of shareholders this is a small private club not a plc
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Things moved on once Colin weir got involved it’s the Motherwell model
