To be fair to Grahame Rowley and the board, they recognised that the skills and contacts required to sell the shares don’t currently exist at board level, and took the sensible decision to engage the services of a third party to operate on their behalf. Therefore, I’d be interested to know,
* Where is the glossy brochure, or ‘investor pack’, to sell the club to potential investors?
* Where are the ‘investor days, we should be holding at the club?
* Where is the social media plan to raise awareness?
* Why are we not utilising every available media opportunity at the club (of which there has been many) to talk about the shares?
* Has anything else happened to advertise the shares since the club released a 3 paragraph statement on John Laidler’s website last June?
In short, what the f**k is actually being done, proactively, by this third party to raise awareness and sell the shares? Does anyone at the club still think that the current third party is the right one to act in the best interests of the club? And, who at the club is responsible for over-seeing this to make sure they are doing everything they can to find the right investors?
I think most people recognise that making a formal offer (such as in this case) doesn’t automatically make anyone the right people to take the club forward, but the above questions are not unreasonable for the board to be answering given the lack of action and progress over the past 9 months.