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Wanderers Ways. Neil Thompson 1961-2021

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Posted
45 minutes ago, Whitesince63 said:

Depends on the shares but normally if they’re company issued employee shares there’s usually a clause stating that you must sell them back when leaving. As Evatt’s are only B Shares and probably have lower voting rights and dividends than A/Ordinary shares I’d be pretty sure this applies to him therefore not an issue which ties the club to him if he’s dismissed. I’d think its highly unlikely that the club would give him equivalent shares to owners and directors but you never know?🥴

The B shares are non-voting. 

Dividend rights could be different but a red herring in any case - the chances of us generating a profit are around the same as an Evatt midfielder putting a reducer in. 

Posted
3 hours ago, Whitesince63 said:

Depends on the shares but normally if they’re company issued employee shares there’s usually a clause stating that you must sell them back when leaving. As Evatt’s are only B Shares and probably have lower voting rights and dividends than A/Ordinary shares I’d be pretty sure this applies to him therefore not an issue which ties the club to him if he’s dismissed. I’d think its highly unlikely that the club would give him equivalent shares to owners and directors but you never know?🥴

Neil Hart having his shares transferred is probably a good example 

  • 2 weeks later...
Posted

https://www.bbc.co.uk/news/articles/c2d3z87yn51o

not sure what, if any, impact this has on the Swiss Investments

Quote

Switzerland's highest court has convicted the commodities trading giant Trafigura and one of its senior executives of bribery over payments made by the firm to gain access to Angola's lucrative oil market.

In a landmark case, the court handed the company's British former chief operating officer Mike Wainwright, who has also competed as a racing driver, a 32-month jail sentence and fined the company $148m (£119m).

This is the first time an entire company has been charged by Switzerland's highest court, and bribery convictions of senior staff are rare.

 

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Posted
9 hours ago, tomski said:

Should be no impact as we are invested in by employees of trafigura. 

Yep. We've been here before.

Not the company's money- just personal investment.

The only fly in the ointment may be if any subsequent action sees any of those investors prosecuted and fined/imprisoned, and them needing some money back quick! :)

 

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