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Confirmed KLD only owns 41%

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Tommy said:
Probably going to get pelters but I agree. I can understand the frustration but feels perhaps like an overreaction in conjunction to the recent period we've just had. If this had been released after we beat Sheff Weds 5-0 a couple of months ago and were flying, I don't think it would be a "this is the end of the world" consensus.

I also agree that I wished it would have been over 50%; but if you're SD, you'd hold on until you could make a decent profit on your share which is probably when we eventually get back into the championship.
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Its the constant pulling the wool over our eyes to make things look different to they really are and it has happened from the day Madrox took over the club.

They knew we wanted a takeover and the end of the Madrox ownership and when KLD came in it was dressed up to make it look just like that, and he would have a majority ownership of the club and be taking all of the decisions.

What we are seeing now looks very different to that.
 
sir rowell cummins said:
Wh

Where did I say that ? If I did, which I don’t think I did because this is no surprise to me, then I’ll hold my hands up. This is pretty much what was reported at the time.
What I have said is that it’s obvious who’s making the everyday decisions and there’s a clear change of strategy and direction since KLD which I still think is correct and I stand by it. This week has shown that Methven has been involved in more than we’d like. In a way he’s been up front by showing his face weirdly. And I can’t stand the man.
I’m happy to rationally criticise - I think their cleverly worded statement which was sneaky at best to give a different impression. What I think we all need now to know the full picture is to know what the board structure looks like and what power they do have over direction and what the future may look like.
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You attack anybody who has dares question the club, me and countless other for weeks on end.
 
I'm sick of the lot of the bassas, owners, coaches, players, all taking the piss out of the supporters.
Wish the lot of them would piss off.
 
So how this is in the public domain maybe the questions tomorrow can focus on how much Donald owes the club and if KLD feels Donald is contributing to his share.
 
The Situation said:
The pressure has been on properly for about 3 days regarding the shares and look what's already come out.

Let that be a lesson to anyone who says that fan power/pressure or protests won't achieve anything.
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The Athletic has to take credit. As soon as a press outlet started asking the right questions, the Club realised it couldn't keep things covered up, and folded.

Our local "journalists" could learn a thing or two from this.
 
SAFC2403 said:
isnt one of the board members something to do with Donald? Vumbaca apparently represented madrox during their original purchase from Short - so they are the representation on the board for madrox.

the whole thing has been a f***ing "fakeover"
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Yes but that's only 1 member on 1 of the boards. I suppose Donald needs to be represented by at least 1 person to keep him informed of what's being discussed as he isn't on the Board at all.
It's about 80% in favour of KLD when it comes to Board members overall. I think GOM has gone over this before.
 
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