HBG, Independent Directors Sacked

Tom Shines said:
A week ago you were justifying the decision of HBG to remove the independent board ,,

Now that’s blown up in their face and they have had one of the most humiliating back downs I’ve ever seen…

Who knows how low they will end up having to grovel
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I wasn't.

I was putting forward a different view & asking questions.

And this horrible week for them has resulted in a majority board membership & the removal of the CEO they appear to have wanted gone.

That doesn't seem like a loss.

Now, what is just beginning that you are alluding to?
 
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The Chad said:
I wasn't.

I was putting forward a different view & asking questions.

And this horrible week for them has resulted in a majority board membership & the removal of the CEO they appear to have wanted gone.

That doesn't seem like a loss.

Now, what is just beginning that you are alluding to?
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48 hours ago they had a unanimous board ….

The fans won’t cop them in control of this team … let’s see what happens
 
Tom Shines said:
So are you marching or not ?
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Yep. I'm not satisfied with this outcome.
They got a slap on the wrist by PVL - no way they rehire OFarrell and the independents unless they were forced to. But increasing the size of HBG's representation -( makes sense if the governance structure was performance and skilled base - )but we know what we get and keep and so I can't support more of the same by not showing up to the march on the back of the latest development.
 
Vicious said:
I am confident now that something like this will not happen again because they can see what the ramifications are,” V’landys said
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How can it happen again?

HBG can just go on their merry way and do what ever they want with their majority, no need to sack any of the independents because they now effectively have no power and no say to do anything.

If anything, I can see independents walk away frustrated knowing they can do very little.
 
Telltails said:
Yep. I'm not satisfied with this outcome.
They got a slap on the wrist by PVL - no way they rehire OFarrell and the independents unless they were forced to. But increasing the size of HBG's representation -( makes sense if the governance structure was performance and skilled base - )but we know what we get and keep and so I can't support more of the same by not showing up to the march on the back of the latest development.
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I’m not satisfied either … so we continue
 
GNR4LIFE said:
Idk, I’ve seen a lot of posts to the contrary lately. People saying the club should be bought when it’s not even for sale.
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Who is it owned by though? A bunch of dinosaurs who hold a $100 debenture and won't relinquish any control?

I get the club not being for sale line. But I'm not okay with it being controlled by a small group that aren't accountable to anyone other than themselves.
 
hank37w said:
How can it happen again?

HBG can just go on their merry way and do what ever they want with their majority, no need to sack any of the independents because they now effectively have no power and no say to do anything.

If anything, I can see independents walk away frustrated knowing they can do very little.
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Then why would the independents come back at all? Doesn't that seem strange? They must know what they are stepping into.
 
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