News

AGM 30th JAN – NEW DIRECTORS IMPOSED AGAIN!

12.12.12 | Permalink | Comments Off

SAYNO notes CPO chairman S. Frankham has once again chosen to impose new directors of his choice on shareholders rather than allow a full, open democratic election with a variety of candidates – particularly given an AGM is now to be held just 7 weeks away on Wed 30th January! This is further crucially compounded [...]

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WISE RESIGNATION

02.08.12 | Permalink | Comments Off

SAYNO note the Wise resignation of Chelsea legend Dennis.   Having been brought in by Mr Frankham for populist support, Dennis quickly realised at the January AGM, all was far from well with CPO. This development can be of no real surprise given his increasing absence from board meetings and even last months EGM as [...]

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STADIUM REDEVELOPMENT

27.07.12 | Permalink | Comments Off

SAYNO are pleased to note our near neighbours at Fulham Football Club have received planning consent to expand the capacity of their ground from H&F council.   We hope our club will now seriously engage with them properly to formulate similar expansion at Stamford Bridge to a capacity of 55k as all sides agree is [...]

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EGM FARCE

24.07.12 | Permalink | Comments Off

SAYNO are disappointed to report that once again the gerrymandered shares purchased in October 2011 continue to hold the balance of power. At yesterdays EGM those same votes were used again to permit general sale of another 1,000 shares before the AGM in December without restrictions. As SAYNO predicted, they were also pivotal in voting [...]

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News

CPO SCAREMONGERING

19.07.12 | Permalink | Comments Off

SAYNO is extremely disappointed to read Steve Frankham’s latest statement released yesterday regarding share sales, completely and shamelessly ignoring the following facts he must be aware of ;    * A precedent was set in 2009 when no repayment of CFC’s loan was made, without repercussions. * CPO already had the authority to sell shares [...]

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Questions for CPO

18.07.12 | Permalink | Comments Off

SAYNO has received quite a number of concerns and questions from shareholders, proxy voters, and supporters alike, which reflect the real level of concerns still held. We understand the CPO chair is willing to answer these online well before the meeting, in an attempt to allow some of the discussion to be aired in good [...]

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SEWELL RESIGNATION

04.07.12 | Permalink | Comments Off

  In light of Robert Sewell’s resignation today, SAYNO note that it has come just a few days too late for the issue of his replacement to be democratically decided by the CPO membership at the forthcoming EGM.   This is particularly unfortunate as now the board will be limited to just 4 directors to [...]

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SAYNO EGM VOTING RECOMMENDATIONS

29.06.12 | Permalink | Comments Off

SAYNO continue to be asked for it’s voting recommendations for the July 23rd EGM, which are as follows ;   Against Resolutions 1&2. For Resolutions 3,4&5.    This is recommended for the following reasons ;   1&2, Authorising the re-selling of shares. (requiring 50% and 75% respectively to pass) SAYNO remain against this at the [...]

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EGM SHAMBLES

21.06.12 | Permalink | Comments Off

SAYNO is deeply concerned by the latest shambles to befall the incredulous CPO shareholders. We must surely all be entitled to know how many £100 shares were wasted by this latest incompetency, this time caused by not giving at least 21 days notice of the June 25th EGM ? The Sun newspaper even pre-warned of [...]

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EGM Statement

17.05.12 | Permalink | Comments Off

To confirm, SAYNO are now of the considered opinion that any move away from Stamford Bridge is not justifiable given the CFC statement that 55k seats could be achieved by redeveloping just the north and south stands alone. This in conjunction with the subsequent statement from H&F council that they are actively willing to participate [...]

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