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The People's Club
News in association with Mercedes-Benz
The top table at the EGM, September 2008

EGM Resolution Defeated

by Scott McLeod | Wednesday 3 September 2008, 23:23

A General Meeting of Everton's shareholders has voted against a resolution to explore alternatives to the Kirkby Project.

The EGM took place in the Alex Young Suite of Goodison Park on Wednesday night in order for shareholders to address the Everton board over issues raised relating to the Destination Kirkby project.

After an extensive 25-minute presentation by Acting CEO Robert Elstone concerning the stadium options, including the  issues the redevelopment of the Goodison Park site would pose, Chairman Bill Kenwright and the board fielded questions from the floor relating to the Kirkby proposal from representatives of shareholders who attended by proxy and shareholders themselves. Key issues highlighted related to funding, transport factors, the redevelopment of Goodison and staying in the city.

At the completion of the question and answer section of the evening a resolution was proposed and a ballot was held of those shareholders present.

The resolution called for the Club to extricate itself immediately from the exclusivity agreement with Knowsley Borough Council and Tesco in relation to the Destination Kirkby project in favour of further talks with Liverpool City Council relating to possible sites in the city.

The result of the ballot was 622 votes for and 26,553 against, representing 97.71% of all votes cast against the resolution.

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