Levy cements place on board
Vigorous. That’s the word of the day. ENIC, now 66% to the good have safeguarded any potential hostile takeover (so, sorry to all the Russian billionaires out there). Good tactics again from the chairman of the board, spending a fortune to guarantee his firm grip on his empire. Levy can now out vote anyone on the board by 2-1 whereas prior (before Sugar was bought out) they only owned 54% meaning that a potential takeover would only require 46%, forcing a power struggle that Levy would prefer to best avoid. Which he has done.
Rumours of Damien Corleone purchasing a home in London, moving out of his rented property and potentially into a million pound home – cementing his and Levy’s position at the club. Obvious logic, you wouldn’t go house hunting if you believed you job was at risk.
So, my nemesis is here to stay. Good, because had he fucked off I’d sue him for making the domain name of this site redundant.