As I have said all along, anyone who truly does have a close relationship with anybody involved in the running of the club wont be posting details on an online forum publicly. And if they do, i would suggest their previous close relationship wont be there for very long.
Apart from willy waving, point scoring and trying to be ITK on here, can anyone explain to me how it matters one iota if CM has sold his shares yet or not? I personally couldn’t give a flying **** unless it’s detrimental to the club either way.
Well it would mean that the other owners now own more of us which is an extra commitment from them. It would also totally remove CM from any decision making at all
Him no longer being CEO removes him from the decision making process.
Whether he owns 5% shares or not means very little.
Indeed - owning 5% of shares in a loss making business (that doesn't own anything tangible) ain't gonna be worth much to anybody. 5% is highly unlikely to convey any powers to appoint directors, sanction or veto decisions, without some 'Golden Share' situation - which doesn't exist. We're pretty sure he didn't have the financial clout to make a significant investment in the club - significant to the club that is, it could well be significant to him.
And to correct an apparently common misconception being bandied about on here: Owning ordinary shares in a English registered limited company does not oblige the shareholder to underwrite any losses, or prop up any cashflow requirements. Once you've paid for the shares, that's it, that's your commitment. That's the very definition of a Limited Company' - the obligation is limited to the nominal value of the share. What the individual shareholders choose to do as regards further funding said entity is up to them. We could only speculate what private arrangements may exist between the major stakeholders. That's self evidently a fatuous exercise and those stakeholders ain't gonna be enlightening us, nor can they be expected to.
Surely an individual can’t decide to go with ‘immediate’ effect unless the employer (even if as a consultant) wishes that to be the case too.
Any contract would have some notice period even if small.
You would think so.
With Callum King leaving also that leaves the commercial team two short.
From the outside it does seem a big change but sales and commercial do traditionally have high turnover as good sales people are in demand and able to sell themselves.
And, again from the outside, the club have announced a lot of new partnerships with the new kit deal to come. We don't know the numbers but every penny helps.
My guess is that change is being driven from above in a planned way.
The unanswered question is why do they feel that change is required?
Surely an individual can’t decide to go with ‘immediate’ effect unless the employer (even if as a consultant) wishes that to be the case too.
Any contract would have some notice period even if small.
You would think so.
With Callum King leaving also that leaves the commercial team two short.
From the outside it does seem a big change but sales and commercial do traditionally have high turnover as good sales people are in demand and able to sell themselves.
And, again from the outside, the club have announced a lot of new partnerships with the new kit deal to come. We don't know the numbers but every penny helps.
My guess is that change is being driven from above in a planned way.
The unanswered question is why do they feel that change is required?
That’s the big question isn’t it. I doubt this is anything to do with “clearing the decks” for a takeover. Nothing really hints at that to me. I think that it might well be that the big money players are now keener to get involved in the day to day, nitty gritty. Have they got the bug ? Want to move things along ? Maybe even as a consequence of reports by Gavin Carter that things could be being done better.
Anyone might think someone had come into the organisation and taken a look at what was going on. That’s not fully consistent with Gavin Carter changing his role, although that may be part of it.
I think it's more to do with it being a wank job trying to get blood out of a stone , I mean it's just charity from Charlton fans commercial guff in League One and prolly even the Championship , is anyone really getting a return on sponsoring us like increasing their sales or whatever . The staff aren't paid much , big results expected and fuck that for a game of marbles and everyone moves on cos it's not worth the hassle .
Anyone might think someone had come into the organisation and taken a look at what was going on. That’s not fully consistent with Gavin Carter changing his role, although that may be part of it.
I think it's more to do with it being a wank job trying to get blood out of a stone , I mean it's just charity from Charlton fans commercial guff in League One and prolly even the Championship , is anyone really getting a return on sponsoring us like increasing their sales or whatever . The staff aren't paid much , big results expected and fuck that for a game of marbles and everyone moves on cos it's not worth the hassle .
Agree with the sentiment but if it were true you’d just work your notice wouldn’t you?
Doesnt ring true with the ‘immediate effect’ line.
Surely an individual can’t decide to go with ‘immediate’ effect unless the employer (even if as a consultant) wishes that to be the case too.
Any contract would have some notice period even if small.
Doesn't sound like he was pushed though, his message is quite complimentary towards Charlton and the people he's worked with and it even has #ThankYouCharlton at the end.
Perhaps it's just me that would be bitter about it, but surely you wouldn't be putting that if you were laid off?
Surely an individual can’t decide to go with ‘immediate’ effect unless the employer (even if as a consultant) wishes that to be the case too.
Any contract would have some notice period even if small.
Doesn't sound like he was pushed though, his message is quite complimentary towards Charlton and the people he's worked with and it even has #ThankYouCharlton at the end.
Perhaps it's just me that would be bitter about it, but surely you wouldn't be putting that if you were laid off?
Surely an individual can’t decide to go with ‘immediate’ effect unless the employer (even if as a consultant) wishes that to be the case too.
Any contract would have some notice period even if small.
You would think so.
With Callum King leaving also that leaves the commercial team two short.
From the outside it does seem a big change but sales and commercial do traditionally have high turnover as good sales people are in demand and able to sell themselves.
And, again from the outside, the club have announced a lot of new partnerships with the new kit deal to come. We don't know the numbers but every penny helps.
My guess is that change is being driven from above in a planned way.
The unanswered question is why do they feel that change is required?
We have had little insight into the planning and ownerships perspective. This could be planned, as you indicate. It is not unusual to have a management team come in for the initial ownership period, steady the ship and then move on / be moved on. This feels a kin to that. The alternative, hopefully not, is a Kevin cash situation where the ship is breached and sinking!!
Comments
We're pretty sure he didn't have the financial clout to make a significant investment in the club - significant to the club that is, it could well be significant to him.
And to correct an apparently common misconception being bandied about on here: Owning ordinary shares in a English registered limited company does not oblige the shareholder to underwrite any losses, or prop up any cashflow requirements. Once you've paid for the shares, that's it, that's your commitment. That's the very definition of a Limited Company' - the obligation is limited to the nominal value of the share.
What the individual shareholders choose to do as regards further funding said entity is up to them.
We could only speculate what private arrangements may exist between the major stakeholders. That's self evidently a fatuous exercise and those stakeholders ain't gonna be enlightening us, nor can they be expected to.
I assume the biggest shareholder, whomsoever that might be, makes the decisions.
With Callum King leaving also that leaves the commercial team two short.
From the outside it does seem a big change but sales and commercial do traditionally have high turnover as good sales people are in demand and able to sell themselves.
And, again from the outside, the club have announced a lot of new partnerships with the new kit deal to come. We don't know the numbers but every penny helps.
My guess is that change is being driven from above in a planned way.
The unanswered question is why do they feel that change is required?
The staff aren't paid much , big results expected and fuck that for a game of marbles and everyone moves on cos it's not worth the hassle .
Doesnt ring true with the ‘immediate effect’ line.
Perhaps it's just me that would be bitter about it, but surely you wouldn't be putting that if you were laid off?
You don’t burn your bridges professionally.