Apologies for stating the obvious but what is Amit Bhatia gaining from becoming chairman?
With just 3% shares I'd say absolutely nothing which makes me think a possible takeover is on the cards.
Why on on earth would he take on a role just for the title of chairman? If anything it's a poison chalice.
I have a sneaky feeling this is the start of a change of ownership. OOC not appearing to be viable, new stadium not happening and to expensive for already financially damaged Fernandes and Warren Farm dogged with issues. I think the current regime have had their fill and are preparing their exit.
Amit and the Mittals are what a lot of us wanted over Fernandes so personally I hope this happens.
Yes it will still take a long time to turn things around but I'd feel a lot happier with AB at the helm over this bungling idiot we currently have steering the ship into oblivion.
Opinions?
With just 3% shares I'd say absolutely nothing which makes me think a possible takeover is on the cards.
Why on on earth would he take on a role just for the title of chairman? If anything it's a poison chalice.
I have a sneaky feeling this is the start of a change of ownership. OOC not appearing to be viable, new stadium not happening and to expensive for already financially damaged Fernandes and Warren Farm dogged with issues. I think the current regime have had their fill and are preparing their exit.
Amit and the Mittals are what a lot of us wanted over Fernandes so personally I hope this happens.
Yes it will still take a long time to turn things around but I'd feel a lot happier with AB at the helm over this bungling idiot we currently have steering the ship into oblivion.
Opinions?
Comment