So, could the board potentially vote Levy out as CEO (if the majority of shareholders wish), or is it basically Lewis that has the final say either way? Or does Levy's amount of shares somehow secure him the job seeing as few other people out there have as many shares as he has? Let's say the board votes him out (if that's even possible) - who could they potentially bring in? Just any old geezer with a bit of business experience? Wouldn't we risk just another Levy who'd spend even less than Levy does?
I'm sorry for asking stupid questions, feel free to not answer them. I know nothing about big business apart from what I've learned from watching Succession, haha, so in other words, I'm green.
I just don't really get how people are so staunchly Levy out, especially seeing as FFP is hopefully finally being implemented soon (probably not). Aren't we really run at the brink of what we can afford? Does anyone really know that we have these large reserves of money that we're not using that could have been used on players? Whenever I hear that argument, it seems to me that people are just speculating. I don't know, obviously.
I'm all for having a chairman that just splash cash, as long as it's responsible, but IF FFP finally gets implemented, you'd think we would be better off than most.