Re: Director Resigns

46
Stan A. Einstein wrote: March 17th, 2023, 10:01 am

Kevin Ward' is claiming that becoming chairman of Newport Live makes it impossible for him to remain a director of Newport as there is now a conflict of interests.

If there is a conflict of interests now, that conflict existed when he was a director of both organizations. Far more of interest would be if Mr Ward or Newport County were to tell us what that conflict is.

For instance if Newport County are paying to hire Newport Stadium to train, then clearly there is a conflict. But if monies were being transferred from one company of which Mr Ward was a director, to another company of which Mr Ward was a director, well that as they say, doesn't pass the smell test.
Kevin Ward is now chairman, and as such has a casting vote. So as vice chairman and the topic in a meeting is NCAFC priority use of Newport Live facilities, such as running track, swimming pool, cycling suite, gym, not least football pitches, he could declare his interest and not take part. Bit more difficult if you are chairman with a casting vote and NCAFC are a major user of Newport Live sports facilities...............has someone farted again?

Re: Director Resigns

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Fu Ming wrote: March 17th, 2023, 10:24 am
Bangitintrnet wrote: March 17th, 2023, 9:19 am
Fu Ming wrote: March 17th, 2023, 8:46 am Bangitinthenet seems to defend the club to the hilt while others are quite genuinely concerned over dearth of information.
I would of expected a fair few announcements from the new man Pratt by now, but we’ve heard nothing from him.
When I was in work and I suspect like a lot of others on here, when the company had a new director we were inundated with his/her concepts for the future but with The County nothing.
All very amateurish if you ask me, more reminiscent of your local parks side.
As I mentioned in another thread quite some time ago, enough of these Sub Rosa activities and it’s about time the board came clean and unsheathed the sword of truth from the scabbard of secrecy.
The words "when I was in work" stand out for me.

I have two daughters, one 25 and the other 29.
For kids today getting a decent job is much harder than in our day. There are fewer good jobs for a start, with more low hours contracts, and agency work. The competition for jobs is also higher qualified than ever or sometimes more experienced.

My eldest took the qualification route, then toured Aisa, and was working during covid for various call centres from various empty backpackers hostels across Australia, and then when New Zealand opened the route from only Australia, she did the same in New Zealand. She is now in Manchester working, but in September will start a masters degree to get the job that she is actually seeking.
My other daughter took the experience route, and has been working from home with one or two days a month in the office. She is also studying part time for a qualification in the area that she works. So in my experience young people need both qualifications and experience to get good jobs today.

How does this relate to NCAFC? Well County are already a regulated business, regulated by the FA. County will be regulated by the Government soon. Working for a regulated business is good for a CV.
Pay and long contracts are less useful for people who use the job as an experience stepping stone on to a better job.
You don't have to be a financial wizard to understand that County cannot offer long contracts, as we can't forecast what our income is going to be in 2 years time, let alone 5 or 10 years.
However what we can offer is experience in a job that will be better paid elsewhere.
Typical Bangit reply to deflect the issues of lack of transparency and communications from the club/trust.
For your information I retired early only a couple of years ago and so have not been out of the work place for too long.
And what has any of this got to do with your daughters? I don't wish you and your daughters any ill, but really no one is interested in your daughters careers or whether anyone is on long or short contracts.
Fans are interested in what's going on in the club, which we all do support and want the best from.
I am simply making the point that young people are not entering a simplistic world of work, we're it was possible to have a job for life, simply on the basis of nothing more than narcissism.

NCAFC is part of that work place where the rules of engagement have changed beyond all recognition of what we encountered starting a career. No one needed experience in Safeguarding on there CV to work in personnel for a big company even 5 years ago. Now it would be seen differently, likewise a general manager might not want to be seen as useful for safeguarding in personnel, when the role he is seeking is actually general manager........

Re: Director Resigns

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Bangitintrnet wrote: March 17th, 2023, 10:45 am

Kevin Ward is now chairman, and as such has a casting vote. So as vice chairman and the topic in a meeting is NCAFC priority use of Newport Live facilities, such as running track, swimming pool, cycling suite, gym, not least football pitches, he could declare his interest and not take part. Bit more difficult if you are chairman with a casting vote and NCAFC are a major user of Newport Live sports facilities...............has someone farted again?
Kevin Ward admits there was a conflict of interest.

Directors have a fiduciary duty to their shareholders. That is a duty which Mr Ward broke. You can not serve two masters.

If you want to make a total fool of yourself by defending the indefensible, don't let me stop you.

Re: Director Resigns

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Stan A. Einstein wrote: March 17th, 2023, 10:42 am Let's be quite clear about this.

The duty of a director of Newport Live is to get the highest fee possible for the hire of Newport Stadium.

The duty of a director of Newport County is the pay the lowest fee possible for the hire of Newport Stadium.

Anybody who fails to understand that to be a director of both organizations stinks, is at best so naive that they really should not be allowed out without adult supervision.
That's not strictly true - Newport Live is a not for profit organisation that operates all leisure services on behalf of the City Council - the facilities are for the benefit of the people of the City. The Council would never have built Spytty Stadium to facilitate a professional football club tenant if it was purely to receive the highest possible fee.

If anything, Newport Live was created to keep the leisure services losses off the balance sheet........

Re: Director Resigns

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Stan A. Einstein wrote: March 17th, 2023, 10:19 am
You're right.

It says 'increased conflict of interest'.

So we now know that a director of Newport County had a conflict of interest as a director of Newport County. He has now made it clear where his loyalties lie.

Shameful behaviour by Mr Ward. As there was a conflict he should have resigned immediately or if already a director of Newport Live never stood for election to the board of Newport County.
Just looked back at the Trust website & found the candidates' statements ahead of the board elections at the end of 2017, when they had to answer a series of questions. https://www.ncafctrust.org/news/electio ... andidates/

This is Ward's answer to one of the questions...

What skills and experience would you bring to the Club if elected?
I had a 32-year career as a regional newspaper journalist, 27 years of which was spent in a variety of editorial and management roles at the South Wales Argus. I was the Editor of the Argus until the end of last year and I now run a media and management consultancy. I manage the Newport Now Business Improvement District, and sit on the boards of Newport Live, Newport City Homes and Kaleidoscope (a drugs charity) as a volunteer director/trustee. I have a Masters degree in Business Administration and I specialise in communications and change management. I have high-level contacts with most key organisations in Newport and the surrounding area.

No idea whether he was any good as a director, but his other interests were declared in that statement. Seems pretty upfront to me, rather than shameful.

Re: Director Resigns

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Stop being eejits lads. Mr Ward has clearly stated that there has been a conflict of interest.

My analysis. Feel free to agree or not.

Peter Madigan and Jon Pratt have experience in business and business ethics. The unacceptable way Newport County AFC has been run up until now is no longer sustainable. The games up.

Re: Director Resigns

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excessbee wrote: March 17th, 2023, 12:41 pm Or maybe retain both directorships and abstain from voting on any issue where there is conflict. The hiring charge for our use of Newport Stadium is only a small part of his duties as a board member (of both organisations).
I assume that's what he did as vice chair. Different when you are the head of the organisation and a leader, with the casting vote.

Re: Director Resigns

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Stan A. Einstein wrote: March 17th, 2023, 1:27 pm Stop being eejits lads. Mr Ward has clearly stated that there has been a conflict of interest.

My analysis. Feel free to agree or not.

Peter Madigan and Jon Pratt have experience in business and business ethics. The unacceptable way Newport County AFC has been run up until now is no longer sustainable. The games up.

The very day after getting the chairman's role at Newport Live............

Obviously Newport Live didn't agree with the epitome of small business.............

Re: Director Resigns

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Stan A. Einstein wrote: March 17th, 2023, 1:27 pm Stop being eejits lads. Mr Ward has clearly stated that there has been a conflict of interest.

My analysis. Feel free to agree or not.

Peter Madigan and Jon Pratt have experience in business and business ethics. The unacceptable way Newport County AFC has been run up until now is no longer sustainable. The games up.
Sorry your argument makes no sense at all. This is similar if not less significant than what happens with the register of interests for Councillors, Members of Parliament etc.

They declare financial or other interests in matters, and in some cases they sit on committees or vote on legislation related to issues they have an interest in. We just accept that they are elected (in the case of KW, by members, for MPs, by the public) and that they will be required to be transparent about their interests. You’re totally overblowing this.