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-   -   Official club statement (https://www.accringtonweb.com/forum/f93/official-club-statement-54719.html)

windmill 30-09-2010 18:42
Re: Official club statement
 
Quote:
Originally Posted by Tealeaf (Post 848712)
It is now over two weeks that a statement was placed on the club website that it was their intention to call an AGM in October. Given that under company law, 21 days notification has to be made prior to that AGM and given that many signed up to the share package a year ago, has anyone yet received formal word of an AGM?
According to the Memorandum and Articles of ASFC Ltd. only the Directors, not the club, can call an AGM and have to give the necessary notice.

The Shareholders can call for an Extraordinary GM if 95% of them are in agreement, also with a period of notice.

Methinks somebody at the club forgot to read the Mem & Arts! :o

Thin Monkey 30-09-2010 18:47
Re: Official club statement
 
Quote:
Originally Posted by Tealeaf (Post 848712)
It is now over two weeks that a statement was placed on the club website that it was their intention to call an AGM in October. Given that under company law, 21 days notification has to be made prior to that AGM and given that many signed up to the share package a year ago, has anyone yet received formal word of an AGM?
It's also over two weeks since Ilyas said, at the public meeting, he'd post his draft constitution for the community trust on this forum in about a week.

Is that an O'Neil week?

cashman 30-09-2010 18:47
Re: Official club statement
 
would that be official?:D

Tealeaf 30-09-2010 19:20
Re: Official club statement
 
Quote:
Originally Posted by windmill (Post 848751)
According to the Memorandum and Articles of ASFC Ltd. only the Directors, not the club, can call an AGM and have to give the necessary notice.

The Shareholders can call for an Extraordinary GM if 95% of them are in agreement, also with a period of notice.

Methinks somebody at the club forgot to read the Mem & Arts! :o

That's the norm for any articles of association and the repective directors and shareholders roles....I'm just trying to follow up from the posting on the club website a couple of weeks ago.

windmill 30-09-2010 20:17
Re: Official club statement
 
Quote:
Originally Posted by Tealeaf (Post 848763)
That's the norm for any articles of association and the repective directors and shareholders roles....I'm just trying to follow up from the posting on the club website a couple of weeks ago.
I appreciate that Tealeaf but part of the club statement read:

"The club has been instructed by its shareholders to call an AGM as early as possible in October and will announce this to all shareholders once the date is set."

So which 95% of shareholders have instructed ASFC Ltd. - not the club?

Stanleymad 15-10-2010 12:55
Re: Official club statement
 
Well Ilyas has spoken to the observer

Plans for a community club ongoing - Accrington Observer

interesting :rolleyes:

Doug 15-10-2010 13:08
Re: Official club statement
 
No change then.....;:rolleyes:

Long time red 15-10-2010 14:38
Re: Official club statement
 
the Newspaper article states that Mr Khan paid off the majority of the £306K Tax Bill.
Did he?, I thought he made up the short fall, after we:
Put our hands into our pockets( I know wrote out a cheque as did others) or did bucket collections and so on.
How much did he actually put in?
My money was given without stipulations.

lancsdave 15-10-2010 14:49
Re: Official club statement
 
Quote:
Originally Posted by Long time red (Post 852269)
the Newspaper article states that Mr Khan paid off the majority of the £306K Tax Bill.
Did he?, I thought he made up the short fall, after we:
Put our hands into our pockets( I know wrote out a cheque as did others) or did bucket collections and so on.
How much did he actually put in?
My money was given without stipulations.
From memory the SOS appeal reached about 95K. Assuming Ilyas & Peter Marsden paid the rest that sounds like the majority to me. Unless of course he only put a fiver in and the rest was made up by the then owners :rolleyes:

yonmon 15-10-2010 17:47
Re: Official club statement
 
Quote:
Originally Posted by Stanleymad (Post 852255)
Well Ilyas has spoken to the observer

Plans for a community club ongoing - Accrington Observer

interesting :rolleyes:
In particular....."There is a deadline though and, while I wish to follow due process, I will not hesitate to protect my interests and the club’s interests by recourse to the clear laws that govern such situations."

and he will !!

Redraine 15-10-2010 19:49
Re: Official club statement
 
Quote:
Originally Posted by yonmon (Post 852295)
In particular....."There is a deadline though and, while I wish to follow due process, I will not hesitate to protect my interests and the club’s interests by recourse to the clear laws that govern such situations."

and he will !!
Best thing I've read all week!:D

DAV007 15-10-2010 20:21
Re: Official club statement
 
Quote:
Originally Posted by Redraine (Post 852324)
Best thing I've read all week!:D
agree 100%

ukcowboy 17-10-2010 02:27
Re: Official club statement
 
The following really caught my eye:-

"If there is any contention, it is between Eric Whalley and myself," said Khan. "Dave doesn’t have any shares or any stake in the club and he is not an officer of the club.

Well Mr O'Neil, can I just ask what the hell are you still doing there?................I'll expect an answer some time 'next week'........:mad::mad:


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