Official Statement - Taylor Steps Down

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Andrew Taylor and Greg Clarke......

.......Have stepped down from the roles with immediate effect.
 
Re: Andrew Taylor and Greg Clarke......

WTF does this mean? Surely this is Taylors baby?
 
The deal is going through.......:038: :038: :038:


The board have to resign before handing the reigns over
 
Re: Andrew Taylor and Greg Clarke......

Astonishing stuff :102:
 
Re: Andrew Taylor and Greg Clarke......

Bloody Hell!!!!!!!!!!!!!!!!!!!!!!

Shocked. MM deal is done then
 
Re: Andrew Taylor and Greg Clarke......

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LCFC Official Statment


Leicester City Football Club today (Thursday) issued the following statement:

"Andrew Taylor has stepped down from his position as chairman of Leicester City Football Club.

"The board of directors wishes to place on record their appreciation of Andrew's passion, commitment and considerable efforts during his tenure as chairman.

"Deputy chairman Jim McCahill will, with immediate effect, take over the chairman's responsibilities in the interim period.

"Director Greg Clarke has also resigned from the club's board of directors.

"The board again wishes to record its appreciation for the tireless work undertaken by Greg over many years and for his key role in helping bring the club out of administration in 2003.

"The board's ongoing discussions with Milan Mandaric regarding his investment into the football club remain unaffected by the changes at board level.

"The board remains entirely committed to reaching a satisfactory conclusion with Mr Mandaric."
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Could mean that Taylor has seen his investment halve and isn't happy, we just don't know.
 
Re: Andrew Taylor and Greg Clarke......

Melton Fox said:
Bloody Hell!!!!!!!!!!!!!!!!!!!!!!

Shocked. MM deal is done then
Click to expand...

Or they think it's a shit deal?????

Eeeeeeeeek.
 
is this a protest of sorts?
 
Re: Andrew Taylor and Greg Clarke......

The board have to step down for new owners to take over......


If it was a shit deal he would be there looking for another investor
 
Re: Andrew Taylor and Greg Clarke......

cleefox said:
I might appear to be thick (cue agreement from everyone), but does anyone know what this means in regards to the takeover or anything else for that matter? :102:
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All Directors have to resign before the new owner can officially takeover expect more announcements along similar lines ......it's happening folks !!
 
Re: Andrew Taylor and Greg Clarke......

PFKAKTF FOX said:
All Directors have to resign before the new owner can officially takeover expect more announcements along similar lines ......it's happening folks !!
Click to expand...

But not before the EGM.

Looks to me like the old factions have re-surfaced
 
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