The Board

[Boy Genius]

Which if rumour is to be believed are equal or in excess of his original investment.

Did he invest? that surprises me

 

[Jeff]

Did he invest?

£100,000

 

[freund]

Have you guys seen this video of Tim Davies:
http://www.youtube.com/watch?v=6EE4Q7EExtY

 

[Macky]

Have you guys seen this video of Tim Davies:
http://www.youtube.com/watch?v=6EE4Q7EExtY

just like most of the shite on youtube, its completely & utterly pointless, he doesn't get killed, nothing explodes, no kids fall over & hurt themselves.
A randy dog humping his leg, now that would be mildly amusing.
anybody have a link to that?

 

[Boy Genius]

£100,000

when I met him he didnt look like he could raise an erection let alone £100K. A few quid might have been better spent on a proper fitting suit

 

[Foxes_Trust]

So how come then TD has recieved handsome bonuses on top of his highly competitive salary ??

That's part of the agreed package, with the levels set by the renumeration committee (RC). The RC consists of several Non-Exec board members (ie who don't get paid themselves) & they look at the 'market rate' for roles performed. The packages they put in place are based on being 'average' for the relevant positions (so they don't pay top whack or bargain basement).

Like the players wages now, an element of the execs package is performance related. The bonus that everyone refers to for TD relates to the season when LCFC were promoted to the Premiership.

Like the players, the club pays less to the execs when we are in the Championship, than in the Prem.

 

[Foxes_Trust]

when I met him he didnt look like he could raise an erection let alone £100K. A few quid might have been better spent on a proper fitting suit

He probably took greater risks than most of the other investors to put in his investment.

Erm, he has 4 children

 

[PFKAKTF FOX]

He probably took greater risks than most of the other investors to put in his investment.

Erm, he has 4 children

Not if his investment guarentees him a fantastic salary and over inflated bonuses to boot.

 

[Boy Genius]

He probably took greater risks than most of the other investors to put in his investment.

Erm, he has 4 children

so feckin what..... so does the queen

 

[highland fox]

so feckin what..... so does the queen

Mk has only has the two children

 

[PFKAKTF FOX]

Mk has only has the two children

:icon_lol:

 

[Chrysalis]

No risk if he knew he was going to be on a high salary out of it. Like I said the board is made up of business men not football men. Their priority is to keep the figures in the black and nothing else.

 

[harry]

That's part of the agreed package, with the levels set by the renumeration committee (RC). The RC consists of several Non-Exec board members (ie who don't get paid themselves) & they look at the 'market rate' for roles performed. The packages they put in place are based on being 'average' for the relevant positions (so they don't pay top whack or bargain basement).

Like the players wages now, an element of the execs package is performance related. The bonus that everyone refers to for TD relates to the season when LCFC were promoted to the Premiership.

Like the players, the club pays less to the execs when we are in the Championship, than in the Prem.

The RC just happens to include Greg Clarke who apponted him and seems to make most of the decisions around the running of the club.

 

[harry]

He probably took greater risks than most of the other investors to put in his investment.

Erm, he has 4 children

And just had a brand new £450K house built flaunting building consent he was granted into the bargain..........

 

[harry]

No risk if he knew he was going to be on a high salary out of it. Like I said the board is made up of business men not football men. Their priority is to keep the figures in the black and nothing else.[/QUOTE

Accounts up to 31/5/2005 show highest paid director £197K including pension contributiuons. I would suspect this to be TD.

 

[Cate Fox]

But if his latest company went under, wouldn't you say there would be a risk to LCFC with him at the helm?

The Fit & Proper Person test looks at the financial history of potential owners/those running clubs, a business failure is therefore relevant

I wouldnt want Pierpoint at the helm, I was purely commenting on his ability on the corporate side, which was his strength.

 

[Boy Genius]

No risk if he knew he was going to be on a high salary out of it. Like I said the board is made up of business men not football men. Their priority is to keep the figures in the black and nothing else.[/QUOTE

Accounts up to 31/5/2005 show highest paid director £197K including pension contributiuons. I would suspect this to be TD.

£100K in and then taking out double in salary, thats a good result for him, and I wonder if the £100k was a loan and they take instalments out his pay weekly.......

 

[MKFox]

Mk has only has the two children

 

[Boy Genius]

Mk has only has the two children

yeah ask the milkman....:icon_bigg

 

[1966]

I wouldnt want Pierpoint at the helm, I was purely commenting on his ability on the corporate side, which was his strength.

I would be amazed if anyone wanted that idiot, or any of his cronies (Kinch etc), anywhere near LCFC.