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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

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# Team P W D L Pts. GD
1 Plymouth 11 8 1 2 25 9
2 Doncaster 11 6 2 3 20 8
3 Carlisle 11 4 7 0 19 5
4 Luton 11 5 3 3 18 8
5 Crawley 11 5 3 3 18 0
6 Portsmouth 11 5 2 4 17 6
7 Notts County 10 5 2 3 17 3
8 Crewe 11 4 5 2 17 0
9 Grimsby 11 5 1 5 16 0
10 Morecambe 10 5 1 4 16 -2
11 Colchester 11 4 3 4 15 0
12 Accrington 11 4 3 4 15 0
13 Hartlepool 11 3 6 2 15 -1
14 Mansfield 11 3 5 3 14 -1
15 Wycombe 11 4 2 5 14 -2
16 Blackpool 11 3 4 4 13 3
17 Leyton Orient 11 3 3 5 12 -2
18 Barnet 10 2 6 2 12 -2
19 Cambridge 11 3 3 5 12 -5
20 Stevenage 10 3 2 5 11 -3
21 Yeovil 11 3 1 7 10 -8
22 Cheltenham 11 1 6 4 9 -3
23 Exeter 11 3 0 8 9 -8
24 Newport 9 1 3 5 6 -5
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