| FAO new Trust board members: action on the proposed share sale 08:14 - Dec 16 with 16439 views | Outsider |
Please can you collectively request in writing to the Trust chairman and existing board members that the proposed share sale be paused until you have had adequate time to review the proposal properly, with external specialist assistance as necessary, and decide on your considered opinions.
I would recommend that you also inform the chairman and other board members that if they do not agree to this request in writing, that you plan to resign immediately, which I believe would leave the board non-quorate again and therefore not able to legally proceed with the proposed share sale. Article 54 of the Trust Model Rules states “With effect from the society’s first annual general meeting, the society board is to have not less than 12 and not more than 15 members …”
With ex-chairman Phil Sumbler confirming in writing yesterday that he no longer believes the proposed share sale is in the best interests of the Swans Trust (which means the vote by Trust members in the summer was influenced by information that Phil Sumbler no longer supports), there are material grounds to insist that the Trust board does not proceed with the proposed share sale and re-examines its options, including legal action, and further consults with ordinary Trust members.
Without making your expectations to the chairman and other board members very clear and documenting them, there is risk that the existing Trust board will proceed to sign-off on the proposed share sale based on the mandate they received from the member vote in the summer. The opinions expressed by the Trust chairman and other board members at the Trust forum meeting last Thursday illustrates the reality of this risk.
Thank you for representing the ordinary members of the Trust and ensuring that the Trust board takes decisions that are in the best interests of the Trust. |  | | |  |
| FAO new Trust board members: action on the proposed share sale on 15:54 - Dec 18 with 1532 views | Uxbridge |
| FAO new Trust board members: action on the proposed share sale on 15:17 - Dec 18 by E20Jack |
You said the following of the statement: that the relationship changing being so obvious it is not up for discussion:-
"You say that's not up for discussion, yet that's based on one of the three people who had that working relationship saying so. Two did not at the time of the November meeting. It's absolutely up for discussion".
So when you say it is up for discussion, you mean amongst yourselves only yes? Unless I missed it being put to the members? That very discussion which led to resignations as there was no unanimous decision and therefor a decision to continue anyway....
So saying you said "the opposite" is not true is it. I am saying this relationship changing should be put to the members to decide - so far all you have stated was some think it hasn't which is why you are carrying on anyway.
Feel free to correct the premise of any of that. But think that is wholly accurate. |
Risca said it wasn't up for discussion. I said it was. So, yes, what I said was true and what you said was false.
I didn't say who that discussion was limited to. I've said any deal should be ratified at the AGM.
I really can't be clearer than that. |  |
| |
| FAO new Trust board members: action on the proposed share sale on 16:19 - Dec 18 with 1477 views | trampie |
Do these people on the trust board know anything about football or being part of a successful football club ?
It's a clique, going to certain schools working certain jobs, people knowing each other, they don't seem to have a scooby. |  |
| |
| FAO new Trust board members: action on the proposed share sale on 16:46 - Dec 18 with 1435 views | chad |
| FAO new Trust board members: action on the proposed share sale on 16:19 - Dec 18 by trampie |
Do these people on the trust board know anything about football or being part of a successful football club ?
It's a clique, going to certain schools working certain jobs, people knowing each other, they don't seem to have a scooby. |
I feel your pain brother
Ask to see the Board membership policy - they should have one according to the rules
But it seems the rules are selectively optional
Wait listen. What's that tapping noise
Ah Nigel keying up the Board Membership Policy
No offence Nigel I am sure you have one already - is it over 12 years old ;) |  | | |
| FAO new Trust board members: action on the proposed share sale on 18:31 - Dec 18 with 1350 views | chad |
| FAO new Trust board members: action on the proposed share sale on 15:12 - Dec 18 by Uxbridge |
Leaving aside I wasn't on the board in 2001 when the model rules were adopted, I've stated that the deal should be ratified at the upcoming AGM, and I've not been censured by the Trust despite publicly disagreeing with various things in recent weeks, I think you're absolutely spot on ....  |
Sorry Ux I paraphrased your rules but did include your own reference to them, otherwise not sure where you are coming from
"Leaving aside I wasn't on the board in 2001 when the model rules were adopted"
?? Never mentioned the 2001 rules *
?? or suggested you were on the Board when they were adopted
"I've stated that the deal should be ratified at the upcoming AGM"
?? never said you didn't - I understood that a while back, but thanks
- ah you mean the following quote from your personal statement and my comment
"I was a member of the subgroup negotiating with the Americans to agree a settlement in relation to the Trust shareholding and believe that accepting the offer we’ve received, whilst not perfect, is the best option in meeting the Trust’s objectives"
which might explain the desire for it to go ahead
No I was talking about you flogging it on here for all you were worth before the vote - have you changed your mind on the deal? - great if so, the Prodigal is welcome
"and I've not been censured by the Trust despite publicly disagreeing with various things in recent week"
?? never suggested you had. Your rules are included below
If you have broken them perhaps your letter is in the post
"I think you're absolutely spot on" - straight back at you ;)
----------------------------------------------------------------------------------------------------------
*I may be getting on a bit but even I would not describe 2001 as new rules.
The quotes that I included from your personal statement clearly says what rules I was talking about ...
"The Trust has improved in that regard, particularly with the implementation of its new governance process which will ensure transparency and professionalism, which I was heavily involved with/. "
LInkey below if you don't remember them......
https://www.swanstrust.co.uk/join-the-trust-board/
conflict of interests and disciplinary process
9. Definition of Disciplinary Offences are:
- It shall be considered a disciplinary offence for a Society Board
member to publicly criticise or to otherwise undermine any decision
or policy of the Board. | | | |
| FAO new Trust board members: action on the proposed share sale on 18:42 - Dec 18 with 1330 views | Neath_Jack |
| FAO new Trust board members: action on the proposed share sale on 10:08 - Dec 18 by Uxbridge |
There's no way this deal gets signed off without the legal affiliate signing off on it, and there's no way this deal gets signed without the Trust board signing off on it. Is it technically possible that could happen before the AGM? Sure, but it's not feasible.
This reply will no doubt seen as flippant in some way, but it's really that simple. |
It won't be seen as flippant, because, well, it wasn't.
Now compare that one to the one which i mentioned where you started off with "er" and then ended it with unnecessary exclamation mark. Those types of replies are you norm, which i've said to you for some time.
Your stock answer is normally that you're only replying in kind or if you can give it, you take it type bullshit. Which is of course, nonsense, you come across like you're a cut above.
I don't trust you as far as i can hear you typing on your keyboard (not that you'll care of course, or why should you), but i will keep saying it, you do the Trust no favours with your pig headed replies. |  |
| |
| FAO new Trust board members: action on the proposed share sale on 18:55 - Dec 18 with 1318 views | E20Jack |
| FAO new Trust board members: action on the proposed share sale on 15:54 - Dec 18 by Uxbridge |
Risca said it wasn't up for discussion. I said it was. So, yes, what I said was true and what you said was false.
I didn't say who that discussion was limited to. I've said any deal should be ratified at the AGM.
I really can't be clearer than that. |
So when you said it WAS up for discussion, you meant its up for discussion by you guys - not anyone else. More importantly the outcome of that discussion which was by no means unanimous was also decided by you guys... yes?
That was my point quite clearly. |  |
| |
| |
By continuing to use the site, you agree to our use of cookies and to abide by our Terms and Conditions.