So do you see the Independent directors as being part of the PLC board?
While the PNRLC board are facing charges in relation to the NRL's salary cap, what has the board done on the PLC side that would cause us to appoint independent directors?
From what I understand, cash flow is good, revenue is up and the expansion procedures are continuing as planed, as evidence by the Northcott centre (Football Office Premises) being demolished.
The AGM plan sees all directors removed with Geoff Gerard to appoint a selection committee for the club. Why should the members allow our club to have independent directors? It is our club, it has been working for over 60 years, growing and giving back to the community, and now because the NRL has thrown some allegations our way we are going to give them a messure of control?
The Ti-annual elections for a 3rd of the board sound good, but just like the current senate voting, there will always be room for factions.
People attached to this club have been jumping at the spectre of Denis Fitzgerald for years now. That will never end. Nor will people like Ray Price, Brett Kenney, or Roy Spagnolo having their say about the club they are so passionate for.
The only way to solve this problem, effectively it at an egm to remove the Eels licence as a core, then re-start the football club and get things moving again by granting them the licence. Allow special qualification, like before and then have the NRL appoint people to sit in on our Board Meetings and vote, but still allow the members their 7 representatives. Only elected officials can be Chair and Vice. The 3 NRL appointees can then run back to the NRL if they think anything inappropriate is happening, but they can't start of coup d'etat to wrestle control away from the members.
I would also love to see those big money people put a large sum into a trust investment account that the eels could pull on to make up differences in operating budget vs income.
Those big money people would also get to appoint a number of board members, each year any profits after football expenditure would go to ensuring the club had its own investment account and once equal to the some of the investment, the investors can start tohave their money back (plus maybe a small gratuity) and as such those board members are removed and the club could be entirely self sufficient and divorced from the PLC.