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CEO Explains Delay

CEO Explains Delay

It has now been quite some time since Sir Jack Hayward's son, Rick, stood down as chairman of Wolverhampton Wanderers.

Rick, for all his amusing outbursts, was never taken into the fans hearts, and his departure was ultimately seen as a good thing for all concerned.

However, it still leaves a void that has yet to be filled, although CEO Jez Moxey has chosen today to reassure fans that whilst the board could be said to be effectively headless, this is not affecting the day to running of the club.

He also points out that the appointment of a new chairman will be in keeping with Sir Jack's, and incidently UEFA's view, that clubs need to strengthen their ties with the community by the people appointed to run them.


'Sir Jack wanted to bring in some local people from the business community,' Jez told the clubs official site.

'Part of that involves the club getting closer to the fans - having people who are dedicated supporters living and working in the area sitting on the board. As directors, part of their role will be reaching out to fans and the community as a whole.

2 new directors, local businessmen Kevin Threlfall and John Gough, were appointed with the departure of Rick and another Director Paul Manduca, and this is seen as the first step of implimentation for a plan drawn up by the man who still holds the reigns at Molineux.

'We've now got fans on the board, but it's still a small board and Sir Jack's plan is to see that grow in number maybe with one or two more additions.' Jez added.

'Appointing a new chairman is an issue we want to resolve and it's one being driven by Sir Jack so I'm sure it will be sorted out in due course.

'But it has no massive significance to the day-to-day running of the business. We have to remember that Wolves is owned 100 per cent by Sir Jack.

'The business continues to be run by an executive team of managers with myself as a full-time executive reporting to the owner.'

With UEFA calling for the British Government to hold Inquiries into the slew of nameless faceless foreign investors attempting to take control of British clubs, it's re-assuring to be told that Wolves are still bucking the trend to take the first Rouble or Dollar offered, to financially strengthen the club's position.

Whether fans are prepared to take this into account, when discussing Mick McCarthy's next transfer kitty is a whole different matter.


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Writer:
Date:Tuesday September 5 2006
Time: 1:32PM

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