Re: A new low

By Arthur12/1/2022 20:42Wed Jan 12 20:42:08 2022In response to Re: A new low

Views: 1269

This does get rather wearing. Up util David Norris pleaded with me to watch Joe's videos on the Thames Club and D0ownings, I was one of his biggest critics. Those videos led me to some 18 months work to produce a paper sent to FRC, FRRP, ICAEW, ACCA, Business Minister and his shadow. It was copied to Joe (C/O Wheatsheaf Park, the football club, the supporters club, The Thames Club and Downings, Essentially 96% of the Thames Club share capital is owned by one company - a dormant non-trading company. This means that without the exercise of those votes the Thames Club cannot pass any resolution. The voting control is said to be Down wings, although they say they limit their votes to 50%. This would still make the 'thames Club an associate undertaking of Downings. Downings say they have no subsidiaries nor associates. The paper covered a number of other issues and has yet to be decided on one or the other . Joe phoned me (he got my number from the club) to thank me for my efforts. I pointed out the investment needed for the team and he promised that when the legal issues are fully resolved, that money will be channelled into the club. The information I got was all in the public domain and anyone could, if prepared to put in the effort, got the same thanks.