Vital Football

Latest Crewe Alexandra News

No Place For Potts

No Place For Potts

Daniel Potts who aims to emulate his late father Ken and take a seat on Crewe's board has been told there is no room for him.

Mr Potts is Crewe's third largest shareholder and in the summer put up his 22.9% stake for sale and then subsequently offered to buy shares off supporters to swell his stake to a percentage where he might have an influence on club affairs.

Crewe's existing seven directors who own a combined 63.6%, including manager Dario Gradi, see no reason to change the setup that exists currently and have knocked back Mr Potts attempts to gain a seat.

'I have seen the reports about Daniel Potts offering to sell his shares,' said Chairman John Bowler, ' and that is a private matter for him. But we have considered the structure of the board and feel at this present time there is no need to change it.'

'You can talk of a cash injection, but usually it involves the individual concerned underwriting an overdraft at the bank and when he gets out it is the club who are left in trouble,' he said.

'That is a particularly dangerous road for a club like ours to go down, which is why we concentrate on generating our own revenue.'

Writer:
Date:Thursday October 13 2005
Time: 5:10PM

Login to post a comment

Best of Vital Network

Recent Crewe Alexandra Articles

FA End Betting Sponsorship

Late yesterday afternoon, the Football Association announced the result of its three month review of their relationship with gambling companies and that association now comes to an end.

Sky Confirm TV Selection Windows For 2017/18

With the release of the EFL fixture lists on Wednesday morning, Sky Sports have released their outline giving fans an idea of when television selections will be made this season.

2017/18 Final Weekend Details

With the release of the Premier League fixtures last week and last Wednesday seeing the EFL following suit, the full details for the final weekends across...

Crewe Alexandra League Fixtures Announced

The club start with home games against Mansfield, Newport and Barnet before away trip to Port Vale in August.

Archived Vital Crewe Articles

Vital Crewe articles from

Site Journalists

Steve Johnson
Editor email
Profile
Josh Ravenscroft
no email
Profile

Current Poll (see more polls)

How many signings do we need to make? As of May's retained list
Suggested By: Steve Johnson
0-28%
3-564%
6-89%
9-123%
13+16%
The Vital Football Members League
Latest F1 News
Latest Vital Boxing News
Vital Football Comment

Recent Crewe Alexandra Results (view all)

Crewe Alexandra Fixtures (view all)

Vital Members League Table

RankNamePoints
1.stig7tfm4
Write for Vital Football