Sardis Road Sold
By Zippy
February 10 2005
There is a strong suggestion that Sardis Road, the home of Pontypridd RFC is to be/has been sold to developers. For reaction reaction read on
As said above there is a strong rumour Sardis has been sold, the result of any such sale would have huge implications for the Valleys top rugby team and would have implications on the likelihood of any future professional team in the Wales.
The board may have a plan and may be planning a move to a new ground somewhere, at this stage its all up in the air and we'll keep you informed.
Some reaction from fans below...
Posts From Supporters
"Someone from Ponty Rugby Ltd Board of Directors please come on here and answer your shareholders, members and fans.
I called for this last week and the silence is deafening.
I beleive, legally as a Ltd company the board can make decisions in the best interests of the shareholders without consultation.
However, if any decision has been made without consultation it goes completely against the promises made by the board for transparency and openness, if (and I repeat if) this is the case then the board should resign on mass."
"If anyone can get hold of the original prospectus offered with the very first share issue you will see that the shareholders are powerless to prevent the board from taking any such actions that they deem fit other then initiating a vote of no confidence in the entire board or board members"
"The board have done what i said they would do in previous posts. I'm not damning a move yet without having all the facts to hand. However the board should be forced to resign en masse. The were put in place to ensure the genral running of the club, not make massive decisions like this without the shareholders vote. Mind you a few individuals seem to think it's THEIR club anyway!!"
Check out the messageboard on:
www.PontypriddRFC.co.uk - Rygbi Pontypridd Rugby - Official Website / Y Wefan Swyddogol - The Valleys' Premier Rugby Team for further details.
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