Randy Lerner - Discuss

[pauliewalnuts]

And let's not forget we didn't have a choice.

Yes we did. If enough shareholders had turned down the offer he couldn't have compulsorily have bought them. And please let's not pretend that more than a handful of us didn't sell with pleasure.

What was the percentage owned by Doug and cabal, and the percentage needed to trigger a compulsory sale?

Not that it makes any difference, because some shareholders, whether they wanted to or not, were forced to sell their shares.

[dave.woodhall]

And let's not forget we didn't have a choice.

Yes we did. If enough shareholders had turned down the offer he couldn't have compulsorily have bought them. And please let's not pretend that more than a handful of us didn't sell with pleasure.

What was the percentage owned by Doug and cabal, and the percentage needed to trigger a compulsory sale?

Not that it makes any difference, because some shareholders, whether they wanted to or not, were forced to sell their shares.

Doug owned about 38%, the trigger was 90, I believe. But the point I'm making is that just about everyone gladly sold their shares so to make out it was some great unpopular and dictatorial move is wrong. 

[itbrvilla]

I thought they had no choice?

[PeterWithe]

Lerner has always seemed to try to do right by us fans, I think a lot of what has gone wrong could have been avoided with another experienced CEO. I mean how much do they earn? Half a million a year? I'd rather we tried a different man in that role before trying to drive Lerner out.

This is what I don't understand.  Lerner will fork out £65K a week for somebody like Heskey, but when it comes to running the club he appoints a customer services manager from his credit card company.

Bloke I know with contacts reckons less than £300k, less than a quarter of Herd's new contract.

We must have pissed millions up the wall on wages for players who have proved themselves unable to achieve what is needed but we wont replace a fella whos arrival seemed to coincide with us going downhill faster than Franz Klammer and who earns the same as the youth team keeper.

[dave.woodhall]

I thought they had no choice?

They had to sell once 90% (or whatever the figure was) was reached. If it wasn't reached they wouldn't have had to sell. But to repeat again, the overwhelming majority of those who sold did so willingly.

[Mazrim]

Of course they did and they'd do so again now if it was Lerner as major shareholder and say, the Qatari royal family or that really rich French bloke coming in.

[MarkM]

Sir Graham Taylor as CEO. Either that or someone like Triple H so he can kick some ass in that board room

Agree, good shout for Sir Graham Taylor. He knows how to organise and get discipline back into the club - if you rewind to 1987 when he was quoted as saying ''the club is a shambles'' - just like it is now. Get him and Ian Taylor in - men with real heart for the club - not some twat from across the pond who turns up when he feels like it. Just wish I still had my shares - this jerk bought them lock sock and barrel in 2006 and can do what the fuck he likes.

And let's not forget that just about everyone was falling over themselves to sell their shares to him.

I was'nt, and I did'nt

I never cashed any payment for them and ignored the letters.

Not that I was against the sale, I was just against my few shares being forced sold. I liked owning a little of my club

[Chico Hamilton III]

I was'nt, and I did'nt

I never cashed any payment for them and ignored the letters.

Me too.

[PaulTheVillan]

http://www.mcleishout.co.uk/

[Legion]

They could at least make the effort to spell words correctly.

disappointing
could have (not of)
nowhere (not no where)
an (not and)
immediately
vein (not vain)
never have (not of)
uninspiring
overseeing

[Chris Smith]

I was'nt, and I did'nt

I never cashed any payment for them and ignored the letters.

Same here, I even had a letter from Capita last week offering to sell them for me at a price.

Me too.

[villajk]

I was'nt, and I did'nt

I never cashed any payment for them and ignored the letters.

Same here, I even had a letter from Capita last week offering to sell them for me at a price.

Me too.

Same here.  In fact I recently received communication requesting I complete a form and send it back with my shares.

Filed in the bin.

[Chris Smith]

They could at least make the effort to spell words correctly.

disappointing
could have (not of)
nowhere (not no where)
an (not and)
immediately
vein (not vain)
never have (not of)
uninspiring
overseeing

Pitiful, they also repeat the 2 relegations in 3 seasons claim that everyone seems to have accepted as fact when it was over 4 years (relegation, promotion, 9th, cup win and relegation). You'd think they'd have asked some grown ups to help them before going public.

[KevinGage]

Lerner has always seemed to try to do right by us fans, I think a lot of what has gone wrong could have been avoided with another experienced CEO. I mean how much do they earn? Half a million a year? I'd rather we tried a different man in that role before trying to drive Lerner out.

This is what I don't understand.  Lerner will fork out £65K a week for somebody like Heskey, but when it comes to running the club he appoints a customer services manager from his credit card company.

Bloke I know with contacts reckons less than £300k, less than a quarter of Herd's new contract.

We must have pissed millions up the wall on wages for players who have proved themselves unable to achieve what is needed but we wont replace a fella whos arrival seemed to coincide with us going downhill faster than Franz Klammer and who earns the same as the youth team keeper.

Whist we're on the subject of pissing millions away, the appointment of McLeish has had the entirely predictable result of driving down gates. 

Never a great thing to to at the best of times.  But in the current climate -and with making that Deloitte 20 list a stated aim of the club-  it's even more hatstand.

Most home games this season have been a minimum of 5000 down on what we might usually expect.  So 5000 at an average ticket price of £30 = approx £150k  down per home game.  Spread over the season  (if McLeish is to last that long -and if gates don't plummet further)  and that's just under £2.5 million down for league games alone.

[Legion]

They could at least make the effort to spell words correctly.

disappointing
could have (not of)
nowhere (not no where)
an (not and)
immediately
vein (not vain)
never have (not of)
uninspiring
overseeing

Pitiful, they also repeat the 2 relegations in 3 seasons claim that everyone seems to have accepted as fact when it was over 4 years (relegation, promotion, 9th, cup win and relegation). You'd think they'd have asked some grown ups to help them before going public.

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