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Clyde owners give the nod to Cumbernauld relocation proposals

Written by Scott Campbell.
 
 
 
 
 
Published at 14:49 GMT on Saturday, 20th April, 2013.
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OWNERS of Clyde Football Club have backed resolutions which now give Clyde’s Board a mandate to move towards talks about leaving Cumbernauld, for East Kilbride, provided that they are “satisfied” by the arrangements and discussions undertaken.

The vote was announced only a short while ago, after the club’s owners met to discuss three historic resolutions, at Broadwood Stadium, before the team’s match against Montrose, at 3pm. 

At the meeting three resolutions were considered: 

 1. To pass the following Resolution 1 as an ordinary resolution of the Company:

"That the board are authorised to enter into on behalf of the company all appropriate legal agreements and make all appropriate arrangements to allow the club to relocate to a location of the board's choice in or around East Kilbride."

The result came out at 285, yes and 21 no, meaning that the resolution was carried on the margin of 93%


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2. To pass the following Resolution 2 as a Special Resolution of the Company:

"Subject to the board being satisfied that all appropriate steps have been taken to enable the company to move to premises in or around East Kilbride, that the company's name be changed to EK Clyde Football Club Community Interest Company."

The result was yes, 257; no, 49, meaning that the margin was 84%.

3. To pass the following Resolution 3 as a Direction of the Company:

DIRECTION

“The owners hereby give the following Direction (as defined in the company's articles of association) to the directors:

“That, once the company’s name is changed to EK Clyde Football Club Community Interest Company, the directors shall use all reasonable endeavours to procure that the company’s trading name and the name under which it is registered with the Scottish Football League, or its successors, shall be EK Clyde Football Club and that this shall not be changed without the prior approval of a special resolution of the owners, except that instead of the usual 75% vote to approve a special resolution, such a change can only be approved at a general meeting by a 90% vote of all the owners entitled to vote on a special resolution and attending the general meeting in person or by proxy. As with a normal special resolution of the company, at least half of the owners entitled to vote on a special resolution must be in attendance at the said general meeting for such a resolution to be approved.”

The result was yes, 259 and 47 against, meaning a margin of 85%.

Commenting, a club spokesperson said: “The Board of Directors are delighted by the outcome of the vote this afternoon. We are convinced that relocating to East Kilbride and working with the East Kilbride Community Trust is an excellent opportunity for the club. 

“However, we fully recognise the trust placed in the Board by the ownership to deliver the necessary partnership agreement in order for these proposals to become a reality. We will not take this responsibility lightly.

“The Board of Directors will shortly announce a general meeting for all supporters, where we will discuss the next steps for Clyde FC.”

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