• Thank you very much | Diolch yn fawr

    All at JackArmy.net would like to thank everyone who has played a part on this site over the past 25 years whether that is through writing, contributing, moderating, posting or just visting and reading.

    Without any of you the work that has gone into the site would have been pointless and we will always be proud that we built, generated and managed a community that was such a big part of the Swansea City supporting life for so long.

    It has been a pleasure to bring to you the site for so long but the time is now right to turn the lights out for the last time but we do it both with a heavy heart and a sense of pride driven by the so many messages received since we announced the closure.

    The site will remain here for a period until we archive and mothball it for the last time later this summer but all aspects are in a read only format.

    Thank you though for all the memories

    Phil Sumbler
    Owner, jackarmy.net

Martin Morgan Anyone ?

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Chief said:
Uxy said:
Directors in the same way as anyone else really. Equal rights and duties in that regard. Saying that, the majority owners can effectively do what they want ...

And those two sold their voting rights too

True.
 
Chief said:
Uxy said:
Directors in the same way as anyone else really. Equal rights and duties in that regard. Saying that, the majority owners can effectively do what they want ...

And those two sold their voting rights too

Voting as a shareholder not as a director. Two different things.

Board of directors get one person one vote. Certain decisions need ratification by shareholders at which point the vot8ng rights of shares held become important. Ultimately the shareholders appoint directors of course and can remove them. Although not when they are enshrined in the articles / shareholders agreement.
 
Chief said:
Uxy said:
Directors in the same way as anyone else really. Equal rights and duties in that regard. Saying that, the majority owners can effectively do what they want ...

And those two sold their voting rights too

Aye.
And in my honest opinion, I do think that anyone who sells any of their voting rights isn't a fit and proper person to be involved with a company.
You can't have the company's best interests at heart if you don't want a say in how it's run.

For me?
I don't want shagger (who I still believe pushed and controlled the sale!), dimwit (Ex top man with the Trust and kept his mouth shut???), van clog, Beaky or any others who sold and kept the Trust out of the loop near the club.
Shown they don't give a flying donald about the club or its' fans
 

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