Good to see the board cheer squad out in full force.
Disingenuous email from Roffey.
Let’s have a look at the balance sheet since the Peter Jackson-built team roared to premiership glory in 2021.
Looking first at the Peter Lawrence score, he sought to bring the constitution within cooee of 21st century governance principles. He did at least cause term limits for directors and electronic voting to come into being.
In the current matter, he did ask the board to amend the provisions of the election rules that were poor governance. When they refused he commenced proceedings in the Federal Court. Should never had come to this, but they then proceeded to jettison 4 out of 5 of the offending provisions as the case proceeded. So why did they spend hundreds of thousands maintaining a defence against the indefensible? Our money, Ralph. That was after blowing another small fortune in the Supreme Court on a previous matter that had a poor prognosis of success. Again, we got to the same outcome that could have been achieved without the expenditure of hundreds of thousands of our dollars.
Turning to the board’s record, apart from the above, we were told that our home base in the MCG precinct is a “non-negotiable”; any questions about progress on this were met with “Can’t talk, commercial in confidence”. After kicking that can down the road at various AGMs we pop up with the “Let’s go to Caulfield” idea.
And at the AGM we were told that our next Strategic Plan would be out in February. Crickets on that front as we move to September. This is a board and senior management that only reacts when it gets a metaphorical cattle prod to its body, and then claims proactivity in getting to the result that they are forced into. After spending lots of our money.
Yes, All Hail Roffey and Pert. Personally I cheer for the footy love of my life, the Dees, not board members who over the journey have been “here today, gone tomorrow”.