Er- that there's a big difference between being majority shareholder and running the club?

He said before that he wanted Delia & MWJ to carry on chairing the board, but with him as majority shareholder. (Which is hardly that unusual for a business - you wouldn't normally demand that the chairman is also the owner.)

But Delia & MWJ may well have signalled that if he wants a majority of the shares, they would want to step down and him to take over. (Indeed that seems to be the prevailing gossip - until recently that may have been the arrangment that had with the Turners?)

May not be what he wants.

Posted By: Tricky Hawes on September 3rd 2008 at 09:26:58

Message Thread

Cullum (NCFC) - thirsty work, Sep 3, 09:16:12
- I love the never wanted control statement..... (NCFC) - Johnny Comecardiff, Sep 3, 09:22:30
  - Er- that there's a big difference between being majority shareholder and running the club? (NCFC) - Tricky Hawes, Sep 3, 09:26:58
    - Re: Which is hardly that unusual for a business etc (NCFC) - Johnny Comecardiff, Sep 3, 09:31:50
      - see below. This may come down to what you see as (NCFC) - Tricky Hawes, Sep 3, 09:35:13
        
        Re: expect a majority shareholder to have a say in the big decisions (NCFC) - Johnny Comecardiff, Sep 3, 09:36:17
        
        Yes, agree. That's exactly the point. (NCFC) - Tricky Hawes, Sep 3, 09:39:54
    - Except you DO have control (NCFC) - Johnny Comecardiff, Sep 3, 09:30:25
      - Of course. In the same way that the pension funds that own most (NCFC) - Tricky Hawes, Sep 3, 09:33:23
        
        Thats the way Cullum seems to operate with the companies he runs (NCFC) - Jim, Sep 3, 09:36:36
        
        Its the way every large investor runs. (NCFC) - Johnny Comecardiff, Sep 3, 09:39:11
        
        What he says is: (NCFC) - Jim, Sep 3, 09:52:28
        
        What i'm pointing out is that the feeble minded amongst us..... (NCFC) - Johnny Comecardiff, Sep 3, 09:56:07
        
        Yes he did want control (NCFC) - Jim, Sep 3, 10:10:29
        
        BTW That's not me calling you feeble minded! (n/m) (NCFC) - Johnny Comecardiff, Sep 3, 09:59:38
        
        Are you calling me feeble-minded though? (NCFC) - Tricky Hawes, Sep 3, 10:02:52
        
        Me actually.... (NCFC) - Johnny Comecardiff, Sep 3, 10:08:35
        
        Yes. And who said he didn't want ultimate control? (NCFC) - Tricky Hawes, Sep 3, 09:40:56
        
        The people who've mistaken not wanting to be chairman (NCFC) - camcan, Sep 3, 09:42:57
        
        Indeed. So need to be careful when people assert he's contradicted his earlier message (NCFC) - Tricky Hawes, Sep 3, 09:47:57
- How exactly has he used us? (n/m) (NCFC) - Jim, Sep 3, 09:18:42

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