Keith wrote:Gone_Shrimping wrote:Whittingham would have to pay puppets to run the club and he doesn't like spending money. At present most members of the board are doing it out of love for the club. Let's hope that our excellent chief executive doesn't leave to pursue "other opportunities".
Example of a nightmare scenario...
Club sells Adam Mayor in January for £750,000.
Whittingham sacks the board and installs his puppet regime.
Three directors at £20k per year each. Not bad for one meeting each month.
His puppets allow him to take £550,000 out of the club and £120k in to 'running costs' account that the EFL want, leaving £60k for the stooges salaries.
If our current board go, either by their own volition or Bond Group's hand, we really are screwed.
Well whatever scenario plays out , worrying times for all Morecambe fans.
As mentioned previously this all goes back to PMG not doing due diligence on Diego Lemos when he was selling his shareholding. The shares have been held by unscrupulous characters ever since then and only Whittingham has any say in who the next majority shareholder will be.