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Old 11th February 2020, 19.06:47   #68-0 (permalink)
WrexhamO
Due a Testimonial


 
Joined: Jan 2007
Racecourse Spot: MRS
Real Name: Steve Gilbert





Default Re: Do we need an Investor?

Quote:
Originally Posted by draigwrecsam View Post
The idea that a member of the WST is an "owner" has not been valid for quite some time! Yes we have shares, but we can't sell them. Yes we can vote to elect WST board members, but nothing else that affects the running of the club. The Rules state that we cannot propose a motion that affects the "Duties and Powers" of the WST Board - duties and powers cover everything related to "The Club". The owners of The Club are, ipso facto, the WST Board and nobody else.

And when the club board has control of the WST, then we have nothing.