RegencyCheltenhamSpa wrote: ↑09 Sep 2023, 11:27
On a related point, I am surprised there has not been more discussion and scrutiny of the way the Club asked for £200k from the Trust to get on the Board, upping it from the £100k we always thought was the threshold.
The answer is that a number challenged Mr Baker at the time in a forum
Mr Bakers response was well that is what it will cost
The board didnt want the trust with a seat
This forum was described as poisonous by the aforementioned chairman
I dread to think what he regards social media as
They also knew that Bryan Jacobs had left just over £200K to the trust so the board decided that they wanted the money
So we have a fan elected board member
There are 3 significant share holders Simon Keswick and the Caribbean outfit
In forth place is the Trust
Unless something has changed
How many shares do the named directors hold not many, which is why nothing can be done without the say so of the big 3
Who pulls the chairmans strings I wonder
I wonder if any of the 3 will gift their shares to the Trust
Mr Keswick financed ( I understand ) the Hazelwood but that said there was a lot of grant money available at the time
So we are a league 1 club with a non league board who do things on the cheap where ever possible
We have at least 1 more season in the EFL
That said get behind Wade and lets start climbing
(PS I understand that one of the biggest lottery winners was a Gloucestershire man who now lives on Cleeve Hill
His interest would bank role little old CTFC)