Kieran Maguire: Everton shareholders ‘angry’ after Moshiri green lights boardroom change
Certain shareholders at Everton may not be happy with plans to alter the way they conduct their annual general meeting.
That is the view of finance guru Kieran Maguire, speaking exclusively to Football Insider about changes to the way Everton conduct their AGMs.
The Liverpool Echo reported on 17 November that the Moshiri has given the nod to host the annual summit via video link from 2022.
It is claimed that critics of the new structure fear that it will reduce the ability to hold the board of directors to account.
Farhad Moshiri owns 90 per cent of the shares at Goodison and his power is effectively total.
But some among the remaining 10 per cent of shareholders will be disgruntled that the new format could stifle their voices, claims Maguire.
He told Football Insider correspondent Adam Williams: “If I was a dissenting shareholder, I would be angry about this.
“It allows the club to a certain extent to control the narrative. You can control who can speak and when because they have control over the mute button.
“You don’t necessarily have that at a face-to-face meeting. But on the other hand, we are now a Zoom-based society.
“This will allow a more spread-out group of shareholders to attend the meeting. They don’t even have to be in the UK.
“Therefore, it could be seen to be more democratic. There are arguments for and against.”
In other news, pundit claims Everton may need to hand Anthony Gordon an extended run of starts after “game-changing” reveal.