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McCarthy and Clegg at PLC AGM
Monday, 19th Nov 2012 12:13

Manager Mick McCarthy and chief executive Simon Clegg will answer shareholders’ questions at this year’s PLC AGM, which will take place on December 11th in the Sir Bobby Robson Suite in the Sir Alf Ramsey Stand (7.30pm). The meeting is open only to shareholders or their proxies.

The PLC owns 12.5% of Town and consists of the club's shareholding prior to Marcus Evans's takeover five years ago.

In a letter to shareholders, new PLC chairman and former club director Roger Finbow paid tribute to his predecessor David Sheepshanks, who stood down as chairman and as a director of the PLC in August, ending his formal ties with the Blues: “David provided inspirational leadership in both good and less good times; he brought to the club the benefits of his considerable football wisdom; he knew when to offer guidance to the manager whilst avoiding being an interfering chairman; and he was always accessible and approachable by supporters.

“Our loss is [the National Football Centre at] St George’s Park’s gain, but we should all feel proud that for the third time this club has been able to provide someone to take up a position of leadership within the English FA.”

The meeting will vote on the re-elections of John Kerr and Simon Clegg and the election of Supporters Club chair Elizabeth Edwards as directors of the PLC.

We understand that details of the club accounts for the year ending June 2012 are expected to be announced in time for discussion at the meeting.

Danny Baker Live! Good Time Charlie's Back. Ipswich Regent Theatre, Ipswich, Thursday 10th May 2018 at 19:30. Get your tickets before they sell out.

Please report offensive, libellous or inappropriate posts by using the links provided.

vodkaboy added 13:55 - Nov 19
For those of us who have a vote, time to tick the 'No' box regarding re-election of Clegg as a Director. Won't remove him but would send a message to the board.

carlisleaway added 15:14 - Nov 19
Will Shareholders turn out and make the necessary vote, it is about time the supporters turned up and voted what we all have been discussing for the past 3-4 years. As Vodkaboy has said it is about time the club realised we are not happy with the present management ( not including McCarthy ) it is because of them we are in the present plight we find ourselves in.

francisb123 added 16:26 - Nov 19
clegg out

itfchorry added 17:17 - Nov 19
Clegg Out

HARRY10 added 17:24 - Nov 19
I think most fans would prefer the accounts from the year ending June 2012, though as the have us only owing £66m they might be better than the June 2012 accounts

PhilTWTD added 17:35 - Nov 19
Sorry, my error, meant 2012. Amended.

JWM added 21:21 - Nov 19
Clegg Out

bluefeast added 11:41 - Nov 20
Why do people want clegg out ,what difference would it make to results omn the pitch if for exanple Richard Branson was in charge of the administrative side of football. He is an employee of the club ,nothing more nothing less. He doesnt control the purse strings ,he simply has a budget to work with ,that would be spread amongst the departments under his control. One department not under his control is the matchday performance of the squad of players.

vodkaboy added 12:39 - Nov 20
Bluefeast - I am not one to come on here and just say Clegg Out - indeed this is the first post I have placed. Clegg's record and performance as a CEO would in most other industry's seen him being given the boot in my opinion. He chose Keane (in conjunction with Evans) - a decision that diluted our club's image amongst many across this country. Further more he supported the decisions to give both him and Jewell cash (predominately on players that have been loanees). The club's financial state is worse than when Evans /Clegg took over - we were £32m in debt now that is treble (regardless whether that is covered or not by Evans). Decisions on pricing and ticketing have not been in the interests of those that support this club through thick or thin (least we not forget the game that was called off and fans asked to pay again). So you mention one department - why dont you add a few others of the above to the list. Regardless, the CEO is the person in a 'business' where the buck stops (not necessarily the owner) and that is Mr Simon Clegg - even Sheepshanks (a real CEO) held his hands up re the financial mess but I cant see Clegg ever doing that. PS: Performances on the pitch are influenced indirectly by the decisions made off it there is plently of history to back that up.

itfchorry added 15:48 - Nov 20
Vodka boy -
Well said and one of the best posts that I have
ever read on TWTD -
Clegg Out

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