Question re the board.

SoundAsa£

I've heard it said by one or two that because we have 17 board members that it's having an adverese effect on our decision making re a takeover, indeed 'any' decision making in fact.
Can anyone tell me if 17 is an unusualy large number of directors for a pro fooball club in The UK or if it's average?
I appreciate there may well be larger boards the higher up the leagues one goes.....and that now we're in The 1st Div we may be considered to be top heavy....anyone got a view on this?

Airman Brown

It's an abnormally high number, but the main decision-making body is the plc board, which has less.

I think you need to think in terms of the number of major shareholders rather than directors, but I'm not saying it's a factor.

SoundAsa£

[cite]Posted By: Airman Brown[/cite]It's an abnormally high number, but the main decision-making body is the plc board, which has less.

I think you need to think in terms of the number of major shareholders rather than directors, but I'm not saying it's a factor.

How many on the plc board Airman?

PeakieRocket

PLC Board (according to Norwich programme)

Chairman: Derek Chappell
Deputy Chair: Bob Whitehead
Directors: Gideon Franklin, Michael Grade, Maurice Hatter, Richard Murray, Martin Simons, David Sumners

SoundAsa£

Thanks Peakie.

Rothko

Murray, Whitehand and Chappell own a very large majority don't they?

Henry Irving

sir maurice hatter is also a significant investor esp. in recent times.

Many of the FC board made and make signicant financial and other contributions. There are also a number of associate directors.

The set up is a reflection of how funds have been raised over the years.

But Airman is correct to say that the PLC board make the significant decisions

LenGlover

[cite]Posted By: PeakieRocket[/cite]PLC Board (according to Norwich programme)

Chairman: Derek Chappell
Deputy Chair: Bob Whitehead
Directors: Gideon Franklin, Michael Grade, Maurice Hatter, Richard Murray, Martin Simons, David Sumners

Isn't it Bob Whitehand? Still what's a body part between friends?:-)

Anybody know Gideon Franklin?

nigel

Was talking to a Gillingham s/t holder of more than 40 years standing at the cricket at Canterbury today. He reckoned administration was a blessing in disguise for the Gills back in the 1990s because it cleared out a top-heavy and moribund super-structure that may or may not be similar to ours...

On the other hand, of course, it also opened the door to Scally!

Addickted

[cite]Posted By: LenGlover[/cite]

[cite]Posted By: PeakieRocket[/cite]PLC Board (according to Norwich programme)

Chairman: Derek Chappell
Deputy Chair: Bob Whitehead
Directors: Gideon Franklin, Michael Grade, Maurice Hatter, Richard Murray, Martin Simons, David Sumners

Isn't it Bob Whitehand? Still what's a body part between friends?:-)

Anybody know Gideon Franklin?

Met Gideon at a Bromley do a couple of years ago. Persuaded to 'come on board' by RM. No real history with the Club and not mega rich - he's MD of Mizuho International, married to a Japanese lady and speaks the lingo fluently. Nice enough guy.

The real money maker at the Club presently is Sir Maurice Hatter.

SoundAsa£

I've heard Steve Brown is coming back as manager and that Maurice Hatter is taking over the club.............what a combination those two names will make, I can see some very interesting 'headlines' coming out of this new development........................................................taxi for SoundAs!