Prestwich_Blue
Well-Known Member
Given my previous and somewhat dramatic attempt to post this information seems to fallen flat, although I think most took it in good spirit, I'll try to post this in a more serious way.
I've had a deluge of emails from Companies House (and they're still coming through) notifying the termination of the directorships of board-level heavyweights such as Khaldoon al Mubarak, Simon Cliff, Simon Pearce, John Macbeath, Marty Edelman and Alberto Galassi at some of the subsidiaries such as City Football Marketing, City Football Services and obscure, more recently created entities such as City Football UK Holdings.
They are still apparently directors at CFG and Manchester City Football Club level but have been largely replaced by actual executives including Group CFO Ingo Bank, Company Secretary Patrick Briscoe White, Finance Director Richard De Jonghe and others.
I very much doubt there's anything sinister in this; it's just seemingly spreading the work around, with lower level but senior executive figures, rather than non-executives, responsible for these subsidiaries. I still don't think the boards at MCFC Ltd and CFG level are particularly well-constituted by the standards of corporate guidelines but it never really made sense to have the chairman on the board of some third or fourth tier subsidiary.
I've had a deluge of emails from Companies House (and they're still coming through) notifying the termination of the directorships of board-level heavyweights such as Khaldoon al Mubarak, Simon Cliff, Simon Pearce, John Macbeath, Marty Edelman and Alberto Galassi at some of the subsidiaries such as City Football Marketing, City Football Services and obscure, more recently created entities such as City Football UK Holdings.
They are still apparently directors at CFG and Manchester City Football Club level but have been largely replaced by actual executives including Group CFO Ingo Bank, Company Secretary Patrick Briscoe White, Finance Director Richard De Jonghe and others.
I very much doubt there's anything sinister in this; it's just seemingly spreading the work around, with lower level but senior executive figures, rather than non-executives, responsible for these subsidiaries. I still don't think the boards at MCFC Ltd and CFG level are particularly well-constituted by the standards of corporate guidelines but it never really made sense to have the chairman on the board of some third or fourth tier subsidiary.
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