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Even now I keep seeing reference to the ex-Chairman's interference some years ago (2008?) when he took over control of Ordinary Shares. Can someone tell me exactly what he did (in laymen's terms) as I always stick up for the bloke, but keep seeing these references to dirty dealings.
I don't know how I missed the news at the time, but I did. Fans go on about how he ripped off proper supporters which, if he did, is disgraceful.
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(13-03-2017, 11:00)talkSAFT Wrote: Even now I keep seeing reference to the ex-Chairman's interference some years ago (2008?) when he took over control of Ordinary Shares. Can someone tell me exactly what he did (in laymen's terms) as I always stick up for the bloke, but keep seeing these references to dirty dealings.
I don't know how I missed the news at the time, but I did. Fans go on about how he ripped off proper supporters which, if he did, is disgraceful.
Whoa lads. Too much information!
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As with so much in life, I plead ignorance.
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Though I have read a few bits and pieces on this in the past, I still don't really feel I know enough of the details to weigh in on it. Unfortunately, I think the only people who are fully clued-up are those who had their shares acquired, and - with all due respect to them - they're not overly likely to give a balanced or objective view of the matter.
The general impression I got is that JP took the same approach he uses in dealing with other clubs (i.e. drive the hardest bargain possible) towards the shareholders in question, and understandably, most feel that was a pretty shit way to treat lifelong fans. I don't think there was anything legally dodgy about it; it was just a general feeling of injustice about the guy playing hardball business games with people who'd bought into the club to help it during its hour of need.
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"I would rather spend a holiday in Tuscany than in the Black Country, but if I were compelled to choose between living in West Bromwich or Florence, I should make straight for West Bromwich." - J.B. Priestley
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Thanks, Ska'd
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Jeremy Peace and the Shares ...
Is this a new Boy Band
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