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Post by B*ue dragonstander on Jul 26, 2010 13:11:51 GMT
I think action against any previous directors is a matter for the current board and would inevitably strain resources even were it to be thought worthwhile. I think the Board would be advised to consider all their options but I wouldn't be confident that anything substantive could be achieved within a meaningful period.
I think I would prefer to concentrate on the future.
The Club has been deposited between a rock and a hard place. The bank debt needs to be paid off and that can only be done by selling the ground. The current suggested price (£3.5M?) is probably a fair one in the current market.
What could profitably be addressed is an examination of the options for avoiding purchasing Nunnery Way ( if indeed the Club is are committed to it?) and the possible relocation of the Club to another more affordable location.
The most democratic act that the current Board could undertake would be to publish - for the eyes of the shareholders only - the contracts that have been entered into in respect of the sale of the ground and commitment to buy at Nunnery Way. This would go some way to pacify shareholders and supporters who remain utterly disgusted by the actions of previous Directors and officers of the Club.
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dragon
First Teamer
Posts: 355
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Post by dragon on Jul 26, 2010 13:21:10 GMT
I`ve lost count of the times I`ve supplied my address details but still no summons.Just have to accept I`m disenfranchised!The failure to provide `members` with copies of the accounts smacks of sharp practice and is chalengeable in law.Might well do something about that!!!
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Deleted
Deleted Member
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Post by Deleted on Jul 26, 2010 13:50:25 GMT
Don't worry dragon, even if you have the right to vote it means little at WCFC. I'm afraid until Nunnery Way is abandoned - probably not until Mr Hampson leaves - will I feel comfortable with the way the club is run. I know Colin has reassured us that Hallmark has left the building - but Hampson is his man, and while the move to NW is still a possibility I'm afraid I'll be suspicious.
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dragon
First Teamer
Posts: 355
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Post by dragon on Jul 26, 2010 16:55:54 GMT
Perhaps `the Hampster` will announce plans to re-locate the club to Leigh Court.After all, the barn is big enough to accomodate dressing rooms and clubhouse!
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wh
Youth Teamer
Posts: 44
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Post by wh on Jul 27, 2010 17:21:20 GMT
My AGM paperwork arrived yesterday, well within 14 day time period. Still nothing in the post today...... me neither!
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Post by birdfeeder on Jul 27, 2010 23:17:57 GMT
Still nothing in the post today...... me neither! Please ring the office and ask why you have not received yours and if you want a copy of the accounts please request a copy is sent, a load that was requested went out today including ones to people who use this banter site.
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Post by Tony is not to despondent now. on Jul 28, 2010 7:39:25 GMT
It is customary for the Chair of an AGM to have the power of sole arbiter of what,if anything,is discussed under Any Other Business.I have attended many company AGMs where AOB did not even appear on the agenda and many others at which ` only matters of which the Chair has been given prior notice may be raised`. We,as shareholders of WCFC,will have to accept that AGMs can quite legitimately be restricted to the legal requirements laid down for their conduct although members have the right to propose resolutions regarding the company as long as the procedure for them so doing laid down in the Constitution is followed to the letter. I think jcp will agree this whole area is a minefield and a half-clever legal adviser can sew up an AGM as tight as a fish`s a**e whilst what is said/promised/discussed/decided in an after-meeting forum has absolutely no substance in law. Beware! I have never known AOB to be on the agenda of an AGM, usually it is as stated above. So, get writing.
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Post by jupu on Jul 28, 2010 13:48:37 GMT
I was given my notice by hand but the club had my old address on the mailing list. If it had been posted I would'nt have got it .
If you haven't received your notice it may be that the club doesn't have the right contact details. I would suggest phoning the club, leave your name and address and ask if another copy can be sent.
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Post by jimbo on Aug 1, 2010 23:21:07 GMT
Does anyone know if the "open forum" has been abandoned or if it will be proposed as a no go at the AGM ?
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Post by jimbo on Aug 1, 2010 23:26:47 GMT
I haven't recieved the accounts yet, were these sent to all shareholders or just by request. Also out of interest; should this be an EGM rather than an AGM considering the fact that as an AGM it is well overdue & we should be given the opportunity to adopt the accounts that we rejected at the last AGM/EGM
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Deleted
Deleted Member
Posts: 0
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Post by Deleted on Aug 2, 2010 8:51:19 GMT
There is no legal requirement for companies to get shareholders to adopt accounts. That was changed a few years back. In the notice re the AGM it says that accounts will be provided to shareholders on the night or can be sent to shareholders on request.
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