Financiers, investors and white knights: What next for FV?

[nicholaldo]

OK - apologies.
A poor joke - is she on her own in the boardroom is the question. I’ll delete.

If some who claim to know a few people at the club are to be believed, Ms Brittan is the only one of the board who still backs Evatt.

If it is true, and I'm not sure it is, then the rest obviously haven't so far felt strongly enough about it to force the issue.

There isn’t a mechanism to force the issue. Some arms length Swiss investors aren’t going to buy a controlling stake to oust a manager - it’s just not realistic.

And structurally it’s Sharon’s sole decision.

Well, there is should they choose to. In practice anyway.

[The_Gun]

Is the bond holders meeting this week?

[BWFC_Insane]

OK - apologies.
A poor joke - is she on her own in the boardroom is the question. I’ll delete.

If some who claim to know a few people at the club are to be believed, Ms Brittan is the only one of the board who still backs Evatt.

If it is true, and I'm not sure it is, then the rest obviously haven't so far felt strongly enough about it to force the issue.

There isn’t a mechanism to force the issue. Some arms length Swiss investors aren’t going to buy a controlling stake to oust a manager - it’s just not realistic.

And structurally it’s Sharon’s sole decision.

Well, there is should they choose to. In practice anyway.

What I mean is a practical one. Yes in theory they could buy enough voting rights, oust Sharon as ceo and install someone to sack Evatt and appoint a replacement.

But we are (in practice) talking arms length foreign investors here. Plus Sharon’s initial mob who won’t and Mike James who one suspects doesn’t have the inclination to invest more into the club than he needs to have kept it going. In reality we are looking at the Swiss group. And in practice they aren’t going to do that. They might be having a say. But Sharon might say ‘let’s give it till the end of the season’. And she’s chair and ceo. So what then? And the idea that they would necessarily take over just to sack the manager seems a bit fanciful unless of course they had plans to buy it out anyway.

[The_Gun]

Insano, you’re the only person I’ve seen suggesting that Sharon has ultimate authority. Is that speculation on your behalf?

The below would suggest she no longer has enough shares to overrule the remaining owners:

https://www.theboltonnews.co.uk/sport/2 ... ies-house/

[DJBlu]

I'm sure a pinch of salt is needed. I do read that as 9 points from the next 3 or he's off.

[BWFC_Insane]

Insano, you’re the only person I’ve seen suggesting that Sharon has ultimate authority. Is that speculation on your behalf?

The below would suggest she no longer has enough shares to overrule the remaining owners:

https://www.theboltonnews.co.uk/sport/2 ... ies-house/

According to that Sharon and her cronies (Lucock) own over 50% but it does note we don’t know what future dilutions happened since.

But it’s still think fanciful to think there would in effect be a boardroom coup against the major shares owner and CEO. Given that in practice it would still likely require a purchase of equity.

And I doubt that say the Swiss investors were ‘Evatt out’ or questioning him that their level of conviction would be that high. Arms length investors looking to make some money as far as we know.

[BWFC_Insane]

I'm sure a pinch of salt is needed. I do read that as 9 points from the next 3 or he's off.

Yes I’m not sure a ‘freelance sport journalist’ who has a 185 followers is even worth thinking about. Bit more than a pinch of salt needed with this I think.

[Dave Sutton's barnet]

I'm sure a pinch of salt is needed. I do read that as 9 points from the next 3 or he's off.

Hmm. If (and it's an if) this is true, note that the third match of those three is at home to Northampton on Tue 28 Jan. Would we really turf a manager that late in the window?

Mind you, if it's to be taken at face value, that means Evatt has to beat Nathan Jones and Mike Duff over the next seven days, and I'm not sure either of those is happening.

[The_Gun]

I'm sure a pinch of salt is needed. I do read that as 9 points from the next 3 or he's off.

Ha, I suspect this source might be somewhat lacking in credibility.

[GhostoftheBok]

The fact that the name on the obviously fake account can be read as "dick 'ed" gives it away a bit too much for me to clap.

Will be one of those Wigan fans who always seem to have nothing to say about their own club, but love to hang around ours.

[nicholaldo]

OK - apologies.
A poor joke - is she on her own in the boardroom is the question. I’ll delete.

If some who claim to know a few people at the club are to be believed, Ms Brittan is the only one of the board who still backs Evatt.

If it is true, and I'm not sure it is, then the rest obviously haven't so far felt strongly enough about it to force the issue.

There isn’t a mechanism to force the issue. Some arms length Swiss investors aren’t going to buy a controlling stake to oust a manager - it’s just not realistic.

And structurally it’s Sharon’s sole decision.

Well, there is should they choose to. In practice anyway.

What I mean is a practical one. Yes in theory they could buy enough voting rights, oust Sharon as ceo and install someone to sack Evatt and appoint a replacement.

But we are (in practice) talking arms length foreign investors here. Plus Sharon’s initial mob who won’t and Mike James who one suspects doesn’t have the inclination to invest more into the club than he needs to have kept it going. In reality we are looking at the Swiss group. And in practice they aren’t going to do that. They might be having a say. But Sharon might say ‘let’s give it till the end of the season’. And she’s chair and ceo. So what then? And the idea that they would necessarily take over just to sack the manager seems a bit fanciful unless of course they had plans to buy it out anyway.

I alsi mean in practice. They aren't likely to nut they could force the issue if they decided to, irrespecrive of share nreakdown and voting rights.

I'm crediting Sharon with enough business sense ti recognise that if opinions hardened, she'd realise the game was uo even if she had the power to block it.

[TonyDomingos]

OK - apologies.
A poor joke - is she on her own in the boardroom is the question. I’ll delete.

If some who claim to know a few people at the club are to be believed, Ms Brittan is the only one of the board who still backs Evatt.

If it is true, and I'm not sure it is, then the rest obviously haven't so far felt strongly enough about it to force the issue.

There isn’t a mechanism to force the issue. Some arms length Swiss investors aren’t going to buy a controlling stake to oust a manager - it’s just not realistic.

And structurally it’s Sharon’s sole decision.

Well, there is should they choose to. In practice anyway.

What I mean is a practical one. Yes in theory they could buy enough voting rights, oust Sharon as ceo and install someone to sack Evatt and appoint a replacement.

But we are (in practice) talking arms length foreign investors here. Plus Sharon’s initial mob who won’t and Mike James who one suspects doesn’t have the inclination to invest more into the club than he needs to have kept it going. In reality we are looking at the Swiss group. And in practice they aren’t going to do that. They might be having a say. But Sharon might say ‘let’s give it till the end of the season’. And she’s chair and ceo. So what then? And the idea that they would necessarily take over just to sack the manager seems a bit fanciful unless of course they had plans to buy it out anyway.

I alsi mean in practice. They aren't likely to nut they could force the issue if they decided to, irrespecrive of share nreakdown and voting rights.

I'm crediting Sharon with enough business sense ti recognise that if opinions hardened, she'd realise the game was uo even if she had the power to block it.

Good lunch?!

[nicholaldo]

OK - apologies.
A poor joke - is she on her own in the boardroom is the question. I’ll delete.

If some who claim to know a few people at the club are to be believed, Ms Brittan is the only one of the board who still backs Evatt.

If it is true, and I'm not sure it is, then the rest obviously haven't so far felt strongly enough about it to force the issue.

There isn’t a mechanism to force the issue. Some arms length Swiss investors aren’t going to buy a controlling stake to oust a manager - it’s just not realistic.

And structurally it’s Sharon’s sole decision.

Well, there is should they choose to. In practice anyway.

What I mean is a practical one. Yes in theory they could buy enough voting rights, oust Sharon as ceo and install someone to sack Evatt and appoint a replacement.

But we are (in practice) talking arms length foreign investors here. Plus Sharon’s initial mob who won’t and Mike James who one suspects doesn’t have the inclination to invest more into the club than he needs to have kept it going. In reality we are looking at the Swiss group. And in practice they aren’t going to do that. They might be having a say. But Sharon might say ‘let’s give it till the end of the season’. And she’s chair and ceo. So what then? And the idea that they would necessarily take over just to sack the manager seems a bit fanciful unless of course they had plans to buy it out anyway.

I alsi mean in practice. They aren't likely to nut they could force the issue if they decided to, irrespecrive of share nreakdown and voting rights.

I'm crediting Sharon with enough business sense ti recognise that if opinions hardened, she'd realise the game was uo even if she had the power to block it.

Good lunch?!

No, just fat fingers.

[The_Gun]

Is the bond holders meeting this week?

Anyone?

If it is on it should be great craic. I’m guessing the manager wouldn’t show.

[jmjhb]

Is the bond holders meeting this week?

Anyone?

If it is on it should be great craic. I’m guessing the manager wouldn’t show.

Friday night, and I believe SB and IE will be there, amongst others.

[The_Gun]

Is the bond holders meeting this week?

Anyone?

If it is on it should be great craic. I’m guessing the manager wouldn’t show.

Friday night, and I believe SB and IE will be there, amongst others.

Cheers bud.

Let’s see what happens on Tuesday, eh? If we lose that one it will be an absolute bloodbath on Friday.

[Dave Sutton's barnet]

I'm sure a pinch of salt is needed. I do read that as 9 points from the next 3 or he's off.

Might be coincidence or luck but it looks like this lad might have been more accurate than suspected...

[GhostoftheBok]

Might be coincidence or luck but it looks like this lad might have been more accurate than suspected...

Have to say I'm amazed if that's not a wind-up account.

First ever tweet was about Dion going to Huddersfield, then a load of random stuff from other people's original reporting.

[KeyserSoze]

Is the bond holders meeting this week?

Anyone?

If it is on it should be great craic. I’m guessing the manager wouldn’t show.

Friday night, and I believe SB and IE will be there, amongst others.

Cheers bud.

Let’s see what happens on Tuesday, eh? If we lose that one it will be an absolute bloodbath on Friday.

Well will certainly be quite something after today!

Anyone going?

[Bertie Wooster]

£11.2M loss last year....