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Norman Crighton leaves board with immediate effect


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How much did Laxey pay per share? Did they get them on the cheap or did the pay full price?

 

I think they bought most of them on the market (some before the IPO at a higher price of £1 each) and took up more from the recent Open Offer. They did obtain 1% of their holding from Green though.

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I think they bought most of them on the market (some before the IPO at a higher price of £1 each) and took up more from the recent Open Offer. They did obtain 1% of their holding from Green though.

 

It would be interesting to know their average cost per share, just out of curiosity :D

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Is it possible that he has gone before the AGM to protect his reputation ? Having a basket case like Rangers on your CV is not going to endear you other companies looking for non Execs.

 

Too late for that I'd have thought.

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Jackson suggesting to me on Twitter that he was voted off by the rest of the board.

 

Dont we called that a "Harris-ing" these days ?

 

:shock:

:seal:

 

Very good !!

 

 

 

'Harrisment' seems to inevitably lead to change :laugh:

Edited by buster.
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Could be mate - but I don't think Crighton was necessarily on much with us ? £40k a year I think ??

 

Something like that, but some key full-time staff who've been with the Club for years have been made redundant, so a non-exec who gets paid circa £40k pa + expenses for a attending a couple of board meetings and match days a month could easily be deemed an unnecessary expense if Ashley's men are taking a machete to the Club's staffing costs.

Edited by Zappa
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