NLV - Egm Update (2)

[the old bycars tea bar]

just think they hold everyone in contempt nothing would suprise me

[cplowe1]

We have more important things to be concerned about than NLV's name ===

 

True, and it's irrational I agree, but I would never put my name to anything that had anything to do with London. End of. This comes from living in Manchester for 15 years, so don't switch to Liverpool, that has a worse effect. Enjoy having "more important things to be concerned about". That's the kind of smug southern siht that annoys the asre off me. If you want my vote go national....

[buffwa]

True, and it's irrational I agree, but I would never put my name to anything that had anything to do with London. End of. This comes from living in Manchester for 15 years, so don't switch to Liverpool, that has a worse effect. Enjoy having "more important things to be concerned about". That's the kind of smug southern siht that annoys the asre off me. If you want my vote go national....

 

 

What they are doing is excellant and very proffesional, they are doing more to help than most, including me. They could call themselves the Jim Gannons appreciation society for all i care, keep up the good work NLV.

[X-Valiant]

Can I just ask the following questions please:

 

When do you think you will be in a position to call the EGM?

 

Will the EGM be held at Vale Park?

[RAF Vale]

Can I just ask the following questions please:

 

When do you think you will be in a position to call the EGM?

 

Will the EGM be held at Vale Park?

 

The sarcastic side of me is tempted to say 2/3 weeks.

 

As it stands we are unable to give a definite time frame at the moment as there are still quite a few legal bits to be thrashed out.

 

We would hope that when we call the EGM, the board should have no other choice than to organise it. That would obviously make the location Vale Park. If they don’t want to call the EGM, we can go under are own steam.

 

Despite being called North London Valiant’s, I would imagine somewhere in Burslem would make sence.

 

Tim McNicholas

NLV

[Timothius]

The George or the leopard

[old sage]

sorry but as we live in north london it seemed quite apt

There is nowt wrong with your name and I'm proud that there are Vale fans in London who havent scuttled off to Chelsea or Spurs============

[grebovale]

North London Valiants Maintain Pressure on Port Vale Board

 

North London Valiants are continuing with the preparations for the calling of an Extraordinary General Meeting (EGM) of the shareholders of Port Vale Football Club.

 

Despite the constraints imposed by the current board under the Articles of Association, North London Valiants continue to undertake the correct procedures in preparing the legal framework and process documents with which to call an EGM.

 

North London Valiants call upon the board of Port Vale to listen to the fans and shareholders of the club. In light of this, we invite the board to offer their resignation and call an EGM immediately, rather than face the indignation of the shareholders being forced to call an EGM on the board’s behalf in order to get their voices heard.

 

North London Valiants applaud the announcement by Robbie Williams, who has stated publicly his intention to abstain from voting on the future of Port Vale, this reinforces the lack of positive support for the current board.

 

Spokesman Malcolm Hirst said: "The fact Robbie chose North London Valiants to release information of his abstention in the forthcoming EGM is a positive signal and a humiliation for the board"

 

Good to see you take the same veiw as me on ROBBIE not supporting the THE SENILE OLD GITS,I think there is still time to get him on board,I beleave he is meetting up with PHIL TAYLOR for some dart practice,hope PHIL is going to have a word with him..

[For Us All]

The George or the leopard

 

Which has the better beer?

[HappyClapper]

 

They can also vote for themselves

 

Really???

 

[Jinkin John Jeffers]

Good to see you take the same veiw as me on ROBBIE not supporting the THE SENILE OLD GITS,I think there is still time to get him on board,I beleave he is meetting up with PHIL TAYLOR for some dart practice,hope PHIL is going to have a word with him..

 

Robbie needs to think about the smaller shareholder's that put there money into the club and who have no say.

 

If he used his 24.9% (thereabout's) against the board's 28% (thereabout's)

 

He could say he was doing it purely to even and give the smaller shareholders a voice in the future direction of the club.

 

He is then in a no lose situation.

 

Can't this scenario be put to Robbie?

[Fosse69]

Robbie needs to think about the smaller shareholder's that put there money into the club and who have no say.

 

If he used his 24.9% (thereabout's) against the board's 28% (thereabout's)

 

He could say he was doing it purely to even and give the smaller shareholders a voice in the future direction of the club.

 

He is then in a no lose situation.

 

Can't this scenario be put to Robbie?

 

I am glad it has been made public, it gives all his old friends, and all behind B&G , time to educate him on the true nature of the board. How would we have coped with the news a week before an EGM?

[Burslem Academicals]

Is there a difference between the V2001 Board calling the EGM and the NLV calling the EGM in terms of the venue and the agenda or the matters being put to vote.....

Obviously the 75% needed to remove the 24.9% rule is rather difficult but the vote to remove the V2001 Board only needs 51%.....this can't simply be voted as a vote of no confidence as they can just ignore it and continue... it has to be a vote so worded that they are all voted off with immediate effect.

Question is would the £50,000 "incoming Director" rule also have to be removed inorder to establish an "interim Board" to oversee the sale of shares to Team Mo and friends.

[fairportnick]

Is there a difference between the V2001 Board calling the EGM and the NLV calling the EGM in terms of the venue and the agenda or the matters being put to vote.....

Obviously the 75% needed to remove the 24.9% rule is rather difficult but the vote to remove the V2001 Board only needs 51%.....this can't simply be voted as a vote of no confidence as they can just ignore it and continue... it has to be a vote so worded that they are all voted off with immediate effect.

Question is would the £50,000 "incoming Director" rule also have to be removed inorder to establish an "interim Board" to oversee the sale of shares to Team Mo and friends.

 

I am not a lawyer but a company has to have at least one director. In the circumstances I would have thought the members would be entitled to appoint an interim director(s). The only other alternative would be an administrator or possibly someone buys £50k of shares and is approved by the EGM.

[NLVMalc]

Is there a difference between the V2001 Board calling the EGM and the NLV calling the EGM in terms of the venue and the agenda or the matters being put to vote.....

Obviously the 75% needed to remove the 24.9% rule is rather difficult but the vote to remove the V2001 Board only needs 51%.....this can't simply be voted as a vote of no confidence as they can just ignore it and continue... it has to be a vote so worded that they are all voted off with immediate effect.

Question is would the £50,000 "incoming Director" rule also have to be removed inorder to establish an "interim Board" to oversee the sale of shares to Team Mo and friends.

 

I am not a lawyer but a company has to have at least one director. In the circumstances I would have thought the members would be entitled to appoint an interim director(s). The only other alternative would be an administrator or possibly someone buys £50k of shares and is approved by the EGM.

 

Good points - thank you.

 

We have this in hand through our lawyers.