older-codger
Active member
It would appear that the board pf Liverpool FC are able to sell the club over the heads and against the wishes of the majority shareholders (and owners) of the club, with the independant Chairman apparently doing the deal.
Not that I think it would happen but does this mean that the board of Exeter City FC could do the same over the heads of the majority shareholders (and owners?), i.e. the Trust? From the Liverpool example it would appear that all it would require is a majority vote by the board.
Not that I think it would happen but does this mean that the board of Exeter City FC could do the same over the heads of the majority shareholders (and owners?), i.e. the Trust? From the Liverpool example it would appear that all it would require is a majority vote by the board.