RE: Potless Paul's KPI25 Mar 2015 14:50
Haha, I certainly don’t support King, I said he was dealing in the only currency of note, change. That’s about as much ‘defence’ as I have provided him.
In terms of the specific points
1 – No board meeting ever took place while Whyte was in charge, except to dismiss the other members. I assume King was busy in court in South Africa. Although Alistair Johnston states Mr King raised a number of issues internally regarding the running of the club. I cannot verify this either way.
2 – not sure what point your making.
3 – We all knew and discussed it, because he has chosen that route doesn’t mean other routes were not open to him. It depends on his risk appetite. I suggested legal advice may suffice. He has chosen court of session. Fair enough
4 – I think it’s too early to judge about a NOMAD. I would give him the 30 days.
I could care less if Mr King sits on the board also, however, I am glad the previous board were removed, they were clearly incompetent, IMHO. He was simply an agent for change as far as I am concerned.
Agreed on Paul Murray he would not be my choice. He does not run the organisation, he temporarily runs the board. The CEO runs the organisation.
I was open to Leach and Llambias staying on as Mr Ashley’s reps, however they ‘chose’ not to be his reps and the made a series of gaffs and decisions which I think were not in the long terms interests of the company so I (reluctantly thought they should leave). Mr Ashley has not suggested any replacements to date.
Anyway I think the stock is better off today than it was last month. I am no fan of Mr King, although I thought he spoke very well upon arrival in the UK. However the true judgement of any person or board is by their actions.
I reserve judgement on them all.