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Walter is now the club Chairman


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What does 'effectively sold' mean?

 

I mean that I believe another party will purchase enough shares over the interim period to take effective control of the club (say around 25-33%).

 

May or may not happen but I'd be more surprised if it didn't. :)

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Someone needs to inform the BBC.

 

Still nothing on their Site :rolleyes:

 

They and Sky reporting the Pinsent stuff now. No mention of Walter yet but I guess club need to confirm that officially.

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Don't know (yet) if this is a good thing or not....

 

WS has stated before that he didn't want to be chairman - he may not have the business skills required for the post. However, I think we can all be confident that he will always try & do what is best for RFC.

 

Will he now be more hands-on than before???

 

The BIG positive is that the fan base trust Walter, so hopefully we will see some much needed stability within the boardroom. If WS is given the power to change personnel, but doesn't....does that then mean that the board are up to the task & therefore trustworthy???

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For short term stability I guess, does this mean a return for Bain as CEO?

 

I don't see why Walter being chairman will mean Bain coming back?,Mather seems to be doing ok for now!.

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Mather seems to be doing ok for now!.

 

He's not been making as much noise as our previous CEO. That's for certain.

 

I'm not sure how much of the credit he deserves, but I like the way we've been conducting our transfer business so far this close season.

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