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Post by albert on Jun 11, 2015 10:10:32 GMT 1
NEW CHAIRMAN is Gordon Ford, formerly Chief Executive of West Lothian. He has bought control with 40% of shares. It is in "The Courier" so it must be right.
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Post by durnford on Jun 11, 2015 10:52:04 GMT 1
NEW CHAIRMAN is Gordon Ford, formerly Chief Executive of West Lothian. He has bought control with 40% of shares. It is in "The Courier" so it must be right. Not correct as far as I understand; Ford cannot be confirmed as chairman until McDougall steps down and a new board meeting is held to appoint the new board. That cannot happen at the moment until McDougall returns from holiday. Ford is however the majority Shareholder as I mentioned on the other thread: Gordon Ford has been confirmed as Livingston’s new largest shareholder.
Ford, the former Deputy Chief Executive of West Lothian Council has purchased 40 per cent of the
club’s shares.
Neil Hogarth and Graham Leslie have both purchased 20 per cent each, while Ged Nixon still has 20 per cent of the total shares.
And Ford said the new regime are ready to get to work and hopes the transfer ban can be lifted early next week.
Speaking exclusively to Courier Sport, he said: “The club have complied with the SFA over the share issue but they are still asking for more information.
“We are ready to go and get to work as an organisation and we’re hoping the issues can all be resolved and sorted by early next week.”
He also confirmed that former majority shareholder Neil Rankine has left the club, saying: “Some people seem to be questioning whether or not Neil Rankine has left the club. He absolutely has done.
“He will always have an interest in Livingston because he spent a lot of time and money on the club, but he has absolutely no say in the running of the club.”
Ford, who worked with chairman Gordon McDougall to set up the Livingston Youth Foundation in 2012 also confirmed negotiations are underway to purchase the stadium.
He said: “We’ve set up a stadium company and we are currently in negotiations with West Lothian Council over purchasing the stadium.
“We’d like to go down a similar path to what there is between Broadwood and Clyde FC whereby the club have use of the stadium and it can be used for the community as well.”
He added: “We’ll be looking at bringing in a 3G surface and that will allow more people to use the facility.”
McDougall, Carolyn Sumner and Andy Gemmell currently remain the club’s three directors, but that situation could change over the coming weeks and has been complicated by McDougall being on holiday.
But Forde insisted the club are ready to move forward and put a challenging spell behind them.
He said: “Livingston is a great club and has a lot of potential.
“We hope we can work towards fulfilling that potential and we, as an organisation, are keen to get things moving in the right direction.”
www.dailyrecord.co.uk/sport/local-sport/livingston-fc-gordon-ford-becomes-5862132 |
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Post by durnford on Jun 11, 2015 13:46:56 GMT 1
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Post by Auldnick on Jun 11, 2015 18:18:33 GMT 1
How about
What are your short, middle & long term goals for the club?
How do you plan to keep the fans informed & engaged with the club?
How do you propose to market the club in order to get more bums on seats?
Is buying the stadium necessary? Could that money not be invested in the playing side of things?
I'm not on Twitter & have no desire to be on Twitter; but that's what I'd be asking
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Pedro
Administrator 
Posts: 1,172 
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Post by Pedro on Jun 11, 2015 20:37:19 GMT 1
An early, open, meeting with fans would be a priority, you'd think?
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Post by livibee on Jun 11, 2015 22:13:44 GMT 1
How about What are your short, middle & long term goals for the club? How do you plan to keep the fans informed & engaged with the club? How do you propose to market the club in order to get more bums on seats? Is buying the stadium necessary? Could that money not be invested in the playing side of things? I'm not on Twitter & have no desire to be on Twitter; but that's what I'd be asking |
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Post by livibee on Jun 11, 2015 22:21:17 GMT 1
Where are the funds coming from to buy the ground and is this really a top priority at this time?
One of the few statements made by Ged that made good sense was that he wouldn't spend more than he got in - 99p in the £. Didn't agree with much he said (or did) but totally agree that we MUST live within our means, we can't afford to be see in more bad light. We need to get locals back onside, good marketing is essential so is good communication from the Board / club.
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Post by durnford on Jun 11, 2015 22:44:04 GMT 1
Where are the funds coming from to buy the ground and is this really a top priority at this time? One of the few statements made by Ged that made good sense was that he wouldn't spend more than he got in - 99p in the £. Didn't agree with much he said (or did) but totally agree that we MUST live within our means, we can't afford to be see in more bad light. We need to get locals back onside, good marketing is essential so is good communication from the Board / club. Purchasing a ground would actually make financial sense seeing as the club doesn't have any tangible assets at the moment however my reading is that the club are not buying the ground; a separate company (a stadium company) is negotiating to buy the stadium and will allow the club use of it. |
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Post by monkeysocks on Jun 12, 2015 8:11:42 GMT 1
And with a 3G pitch, non sporting events ,, I.e. Concerts could be held delivering additional revenue as per Falkirk
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Post by durnford on Jun 12, 2015 8:59:44 GMT 1
And with a 3G pitch, non sporting events ,, I.e. Concerts could be held delivering additional revenue as per Falkirk Doubt it unfortunately. When Flynn sold off the rights to the night club etc. I suspect it also included other loud music events. |
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Post by toplion on Jun 12, 2015 20:06:20 GMT 1
When will officials at LFC ever get it right. We the fans are hearing more info via the press rather than our club. There will still be fans holding back money to see what is going to happen
Every set of directors/shareholders, owners treat us with contempt
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Post by bawbag on Jun 12, 2015 21:55:44 GMT 1
Maybe now is a god time for the club to go part -time , didn't see any difference last season between us and other part timers
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Post by Gregory's Girl on Jun 12, 2015 22:54:00 GMT 1
I must say that none of this gentleman's words are particularly encouraging to the fans - not a word for us! I think we should now consider the part time route as there's not much money from fans and even more directors loans is something we absolutely must avoid because we don't want to see repeats of the Rankine and Nixon scenario again!
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Post by Gregory's Girl on Jun 12, 2015 22:55:22 GMT 1
When will officials at LFC ever get it right. We the fans are hearing more info via the press rather than our club. There will still be fans holding back money to see what is going to happen We're not sure what to do because its a lot of money and last season was not very enjoyable apart from the late win in the lower league cup and stayig up on the last dya,. |
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Post by Auldnick on Jun 13, 2015 0:42:19 GMT 1
When will officials at LFC ever get it right. We the fans are hearing more info via the press rather than our club. There will still be fans holding back money to see what is going to happen Every set of directors/shareholders, owners treat us with contempt Shocking! The press breaking news about a football club? Dreadful communication!  Back before the multimedia options available to everyone the press was the ONLY way the fans found out about their club. So while I understand the frustration of having an official club website which is not particularly quick at providing updates, at least when it does update us it is with confirmed news, rather than speculation (which many press articles are) & if the article in the press is factual then big deal if that is where it breaks first, the journo has obviously earned his corn for doing his job, while the OCS webmaster, who is probably a volunteer hasn't had the time to do so. |
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Post by durnford on Jun 13, 2015 0:47:34 GMT 1
When will officials at LFC ever get it right. We the fans are hearing more info via the press rather than our club. There will still be fans holding back money to see what is going to happen Every set of directors/shareholders, owners treat us with contempt Shocking! The press breaking news about a football club? Dreadful communication! Back before the multimedia options available to everyone the press was the ONLY way the fans found out about their club. So while I understand the frustration of having an official club website which is not particularly quick at providing updates, at least when it does update us it is with confirmed news, rather than speculation (which many press articles are) & if the article in the press is factual then big deal if that is where it breaks first, the journo has obviously earned his corn for doing his job, while the OCS webmaster, who is probably a volunteer hasn't had the time to do so. Agreed. The old board are now defunct and the new board won't be voted in until McDougall is back in the country. Shareholders cant speak for the company until they're appointed into some capacity; what do people expect to happen? |
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Post by liviman on Jun 13, 2015 6:51:28 GMT 1
The major shareholder of any business can call a meeting and outline there plans going forward like they have done in recent days albeit to media reporters. No reason not to call a fans meeting for next week if the ban is due to be lifted. beginning to think durnford & auldnick are a tag team on here  |
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Post by durnford on Jun 13, 2015 9:35:56 GMT 1
The major shareholder of any business can call a meeting and outline there plans going forward like they have done in recent days albeit to media reporters. No reason not to call a fans meeting for next week if the ban is due to be lifted. beginning to think durnford & auldnick are a tag team on here If you're the majority shareholder then there might be some point but we don't have a majority shareholder any more. For our shareholders to call an extraordinary general meeting they'd need more than 50% of the shareholders support or direct approval of the board of directors. Shareholders have no direct say on how a limited company is run with the exception of the shareholders' meetings. Don't know Auldnick but assume he's an old bu@@er like me; 40 years in business and still going. |
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