Team ManagerRafael BenitezSo can anybody shed light on what these people do for the club?
Have you met our manager?
Just been reading the official weekly mag thing and came across a list of people, but what do they do? DirectorsF.L. GillettSo can anybody shed light on what these people do for the club?
I think Purslow is like a 'personal accountant' for Rafa.
Noooo way.He's in the Parry-role. Except it has a different name.
Are the directors the Chairmen's kids? Have they done some legacy planning?
What's the background of the guy in place of Rick Parry anyway? H&G are running this thing like a bloody private equity business.Are these two shareholders paying themselves dividends every year? They better not, when the club is in debt. They bought the club using the banks' money and here the club has to slog like hell to fulfill its interest obligations. Where have the prize money and proceeds on player sales gone to? The nature of private equity investment is as follows:1. Fork out as little cash as possible for an acquisition, borrow as much as possible to finance it.2. Push down the debt and let the profits of the business take care of the interest payments.3. Strip out as much cash as you can and pay yourself dividends whenever possible.4. Once you have sucked the company dry, IPO the business or sell for a profit. 5. Use part of the sale proceeds to repay the outstanding loan. 6. You earn a handsome return on your investment outlay (the key was you borrowed a lot).It's getting worrying. Excess money goes into their pockets, not on transfers.
Just been reading the official weekly mag thing and came across a list of people, but what do they do? (I'd like a proper answer rather than the predictable "f**k the club up")Co-chairmenG.N. Gillett JnrT.O. HicksDirectorsF.L. GillettT.O. Hicks JnrManaging DirectorC.M.C. PurslowGroup Chief Financial OfficerP. NashCommercial Director I. AyreTeam ManagerRafael BenitezHon. Life PresidentD.R. MooresHon. Life Vice PresidentsT.D. SmithK.E.B Clayton FCAJ.D. BurnsJ.H. Cresswell ACASo can anybody shed light on what these people do for the club?