Return to front page

Newest article: Re: Bilston Town by blueandwhitemadYesterday 23:44Yesterday at 23:44:49view thread

Oldest article: A Big Day today for the Supporters Co-op/CIC by VoR29/1 07:19Mon Jan 29 07:19:15 2024view thread

MenuSearch

Next thread: Rich Lavery to Barwell?? by s. tone ragma715/2 23:38Thu Feb 15 23:38:11 2024view thread

Re: Statement from the Supporters Co-Op Steering Group

By VoR8/2 01:10Thu Feb 8 01:10:44 2024In response to Re: Statement from the Supporters Co-Op Steering Group

Views: 952

For me, it is not about whether the Directors are paid or not, it is the fact that they will take the corporate responsibility for any financial problems incurred if the CIC fails.

If the same people are involved who were responsible for the demise of Boro Leisure, IMO that would be a concern to me, I am not one for finger-pointing at LW, for me what has happened there is a collective responsibility.

I would be far happier if the CIC was limited by shares, because the shareholders would appoint the Directors & would have the power to remove people who were not performing & appoint new Directors.

In that regard, there is already a CIC in place that Dan has said will be handed over to the Co-op in its entirety & more importantly that CIC must have already passed the necessary tests & scrutiny in its formation.

Just my thoughts!

reply to this article | return to the front page

Next article in this thread: Re: Statement from the Supporters Co-Op Steering Group by Fromage8/2 11:11Thu Feb 8 11:11:59 2024

Previous thread: Coop statement by VS Dysfunctional13/2 17:03Tue Feb 13 17:03:13 2024view thread