[St Charles Owl]

Isn't there still a legal requirement for the EGM to take place, even if its just for the official counting of any shareholder votes in attendance??  I understand King's desire for them to resign, but there is nothing that says they have to is there?  There is also a rumour going around that they have been given pay increases or new contracts so that they will get more when they are paid off, surely if true they would be classed as onerous contracts anyway??  Still waiting for anything from MA on the whole subject, I expect he cannot do anything about the removal of the current board, but may try to have some say on the new one due to the money owed to him, time will tell!!!

My view on it is that if there is a deciding margin of victory by postal votes alone thereby rendering the attending votes unnecessary, an EGM doesn't have to be called - keep in mind I may well be wrong!


Not sure they can give themselves new contracts when an EGM calling for their replacement has been requested. There's surely rules against that? That's another rumour I just don't believe!

Ashley will still have the option of nominating two board members to basically look after his loan, I believe. That's a prime reason and incentive for King to settle that debt straight away. I don't think he has as much coinage jangling in his pocket as many seem to think he has though.

I await his plans for progression of the club avidly.

The most interesting part of his plans will be how he intends to fund the club for the remainder of this season!!  The second tranche of MAs last loan has been drawn upon, so King will need to find another 5-7m to get you though this season alone.  I am sure your gate receipts will increase once the fans who were boycotting presumably will return, but that won't be enough to keep you going, so he is going to have to raise money from somewhere, just a question of where from??