Fan on the Board (FOTB)

Last updated: Friday 3 August, 2007

FOTB Reports

FOTB - Notes from the EGM

(29/03/07)

Well the EGM went through without the expected fireworks, the amicable agreement between John Berylson and Graham Ferguson Lacey made proceedings a bit of a one horse walk over!

There was a definite air of relief amongst the board members after the EGM, it has been a really long and stressful process. Heather and the club advisors worked hard to get this through, love them or hate them, we live to fight another day, lets hope in the future we can have a structure put in place so we do not keep having to get bailed out at the last minute, so we are in control of our own destiny and not at the mercy of speculators.

What does it mean to us the fans?

Well how I see it is in the short term the club is sorted and we can go into next season with the knowledge we are a viable company, this certainty will enable the team to focus on the football without the worry of if their wages are going to get paid. Mid term I would think the promise of the regen will draw more investment in, I think that GFL's main drive will be the regen, this I think will make it more likely to happen, the only issue I can see is how will the money will get into the football side, this is the question I have been asking for ages. I think John Berylson will make sure the football side is well catered for, it is in both their interests and ours that the regen succeeds, so with them both driving it I hope we get a result.

I was pleased Berylson lost his temper a bit when someone questioned his commitment to Millwall, it showed passion, the fact he committed publicly that he was going to transfer the debt into shares is another sign he is in for the long term.

I didn't really get much time to speak to GFL afterwards, he mentioned to me that PdeS spoke highly of me, not sure if that is a good or bad thing, so for me the jury is still out, I need a time to make my mind up on him. Both GFL and John Berylson said the club needed better financial management, I have thought that for ages, the only problem is, if cuts are made it will have an impact somewhere, so the decisions have to be well thought through.

One thing that has come out of this is some very frank discussions between the Trust and MSC, hopefully there can be more working together in time to come, we all need to be united, the Trust and MSC both have individual strengths in different areas, we need to make sure they are used for the benefit of us the fans.

Well that's my lot, Nick Hart (Trust) and Graeme Smale (MSC) both put together a great report explaining the factual events of the day. Although I am not on the holdings board I will make sure I get to know what's going on, at the moment I am relieved it's all over, BUT the political board room gesturing starts from now.