New new board

[Qwertyyoop]

Sorry, Terence, I called them idiots because it should be obvious that these directors never had the financial capacity to do what directors are supposed to do. FS was perfectly aware of this when he gifted them the Club, so perhaps you should look at his motives for creating a situation where the Club could only stagnate into oblivion.
I just feel that any criticism levelelled at the present board should not be directed at their failure to perform, which should had been obvious from the start, but why on earth did they accept such a poisoned chalice in the first place.
They did their best which was simply never going to be good enough, and is reflected in our present position.

[Qwertyyoop]

If the Trust have a significant shareholding in the Club, obtained by funds provided by BM.
Then in the event of these shares being sold, who actually gets the funds raised.

[terence_dickson1972]

Sorry, Terence, I called them idiots because it should be obvious that these directors never had the financial capacity to do what directors are supposed to do. FS was perfectly aware of this when he gifted them the Club, so perhaps you should look at his motives for creating a situation where the Club could only stagnate into oblivion.
I just feel that any criticism levelelled at the present board should not be directed at their failure to perform, which should had been obvious from the start, but why on earth did they accept such a poisoned chalice in the first place.
They did their best which was simply never going to be good enough, and is reflected in our present position.

They remind me of a failing business that refuses to accept things until the bailiffs come in.

Watch the end of Carry On Up The Khyber, it is very similar to our current board pretending everything is fine.

I have heard that Jenkins has been asked on

[Qwertyyoop]

The only problem I have with your final comment is that many people will read it and assume it must be true, simply because it appears on this board.
But is it, ? who has asked Jenkins to resign, how many people have told you this. Can in fact you prove this statement.?
I have never heard this, and would suggest that very few people are in a position to ask Jenkins to do this, so to be fair sounds very dubious.

[moorlad]

If the Trust have a significant shareholding in the Club, obtained by funds provided by BM.
Then in the event of these shares being sold, who actually gets the funds raised.

This is interesting because the Trust certainly had a veto over who could take over. There is some talk that they might have negotiated their way out of this during the Lapping talks. They also agreed to dilute their holding by not taking any of the new shares which were going to be issued.

Some people are wondering if that means that the Trust will have to abide by those decisions, obviously Nixon and Jenkins would be more than happy with that. All the Lapping stuff would have been worthwhile for them then. If the shares are sold by the Trust to a new investor the the cash raised goes to the Trust. The dilution of their holding makes that holding worth less than they bought it for as well.

[terence_dickson1972]

The only problem I have with your final comment is that many people will read it and assume it must be true, simply because it appears on this board.
But is it, ? who has asked Jenkins to resign, how many people have told you this. Can in fact you prove this statement.?
I have never heard this, and would suggest that very few people are in a position to ask Jenkins to do this, so to be fair sounds very dubious.

You have based your entire opinion of the Board through what you have read and seen through a massive pair of rose tinted spectacles.

You are aware that Jenkins isn't Willy Wonka aren't you?

[Qwertyyoop]

Sorry Terence, but I would suggest that you actually read my posts.
All I have stated is that the present Directors were gifted their position by FS, to simply keep the club in a solvent position, until the said Club could be sold to those with adequate funding to propell United forward, something the present Board clearly didn't have the financial clout to do.
This was not their fault, but it may well be that the lure of possible wealth due to the introduction of Blue Yonder, has effected their desire to fulfill their original instructions.

[moorlad]

I believe swearing is possible, using the same methods as here, on the new board. I haven't sworn as yet, but I have done a preview and it works on that.