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Board taking over's meanings


exes

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PLC takeover is generally the rich businessmen coming in, the promotion from within means that someone from the board has taken over the role of Chairman and consortium means a group of people, usually businessmen have taken over. More often than not they will be local businessmen.

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I've had a supporter's group take over at Standard Liege in Belgium. It didn't make much difference - we had no more money than before, and only the chairman status changed to 'loves the club'.

Here's a screenshot of the Fans Trust taking over the club. It's the third one down. The club was in severe financial difficulties when it happened, so I believe that must be the reasoning behind the takeover.

consortiumln9.th.jpg

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