The future

[geosname]

I think its time for fans to consider/decide what type of ownership they want to see at Vale.

An elected board?

Single owner?

Single owner with elected board support?

Single owner with unelected/selected board support?

Partnership/group?

Other?

 

Personally I think single owner with selected board support is probably the best option [at the moment].... provided the "selected" board are chosen for what they can bring to the table to advance the business.

[ItWasTheLightsThatDidIt]

Do you think Peter Coates would invest into a fan run club with a maximum 24.9% share ownership? Not a chance!

Committee run fan ownership works for a purpose but ultimately become old boys clubs. IMHO :)

[Fosse69]

I think its time for fans to consider/decide what type of ownership they want to see at Vale.

An elected board?

Single owner?

Single owner with elected board support?

Single owner with unelected/selected board support?

Partnership/group?

Other?

 

Personally I think single owner with selected board support is probably the best option [at the moment].... provided the "selected" board are chosen for what they can bring to the table to advance the business.

If Mo, I think he would go for a CEO, Finance Man, maybe 1 or 2 more, which may include a Fan/Shareholder rep. But only my view.

[geosname]

If Mo, I think he would go for a CEO, Finance Man, maybe 1 or 2 more, which may include a Fan/Shareholder rep. But only my view.

 

Given the shareholders and fans will probably decide which type of control is eventually selected.... which would you prefer?

[melv]

Option 3 for me.

[Fosse69]

Given the shareholders and fans will probably decide which type of control is eventually selected.... which would you prefer?

I do not think the shareholders will have a choice, the new owner(after admin) will decide. I would expect the board to consist of the new owner as chair, and CEO, Finance, 2/3 local fans with expertise and money, and a fan/shareholder rep. It is the system I prefer, in the absence of a large number of well heeled fans willing to form a trust run on a democratic basis. I would be delighted if say 20% of the shares, bought by fans were pooled into a trust, to give a seat on the board.

[Markie G]

What worries me about one person is the fact that they can royally screw us up. If they are in it for the money alone and things go bad they might just milk us then leave.

 

Mind you the board thing has not worked overly well so not sure.

 

Think I would like one owner but they have to go through a elected board to make big decision but day to day its theres

[geosname]

What worries me about one person is the fact that they can royally screw us up. If they are in it for the money alone and things go bad they might just milk us then leave.

 

Mind you the board thing has not worked overly well so not sure.

 

Think I would like one owner but they have to go through a elected board to make big decision but day to day its theres

 

So one owner who invests millions can decide which pies we sell but has to ask permission to increase player budget?.... doesnt seem practical to me.

[geosname]

I do not think the shareholders will have a choice, the new owner(after admin) will decide. I would expect the board to consist of the new owner as chair, and CEO, Finance, 2/3 local fans with expertise and money, and a fan/shareholder rep. It is the system I prefer, in the absence of a large number of well heeled fans willing to form a trust run on a democratic basis. I would be delighted if say 20% of the shares, bought by fans were pooled into a trust, to give a seat on the board.

 

After admin the shareholders and fans wont get a choice.... there may be no shares to count, buy or sell.

If a new owner does appear I doubt he/she will continue with the share status.... I know I wouldnt... if I were buying from administration and probably investing in Vale I would scrap the share system as a priority.

[Markie G]

So one owner who invests millions can decide which pies we sell but has to ask permission to increase player budget?.... doesnt seem practical to me.

 

no thats my point, Day to Day stuff its all him/her. I mean taking out loans or moving stadium things like that

[melv]

no thats my point, Day to Day stuff its all him/her. I mean taking out loans or moving stadium things like that

 

What does your buddy think about this latest loan?

[carrot]

1 owner but would like to see at least 1 fans rep on the board, so we at least have a voice if not with much power. Also they could be the connection between fans and owner, for a more transparent future.

[valetillidye]

What worries me about one person is the fact that they can royally screw us up. If they are in it for the money alone and things go bad they might just milk us then leave.

 

Mind you the board thing has not worked overly well so not sure.

 

Think I would like one owner but they have to go through a elected board to make big decision but day to day its theres

 

cuz a fan own board has worked soooo well in the last 10 years

 

sell to Mo,lock stock and barrel for me

[dazzler]

Single owner with elected Board in support.

 

As already said, no successful businessman is likely to want to invest £1m+ without being able to guarantee control. Markie G, that's the reality here.

 

I voted against the 24.9% investment ceiling in the first place; it has only proved to be a firewall for Mssrs Bratt & Co since.

 

I think we need to hope that there's sufficient interest in the club to take us forward within the single ownership model. Certainly the onset of administration would take decision-making away from the current shareholders anyway.

[geosname]

no thats my point, Day to Day stuff its all him/her. I mean taking out loans or moving stadium things like that

 

If he/she owns it surely it would be his/her decision..... who would he/she ask permission from?