Kelvin MacKenzie quits Highbury

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Kelvin MacKenzie

He's off. He spends millions getting there, fires everyone in sight and then quits after a few months saying there was too much debt. Did you not spot that when you bought the shares, Kelvin? What exactly is your idea of due diligence?

I'm guessing that he's using the issue of debt to cover his ego somewhat. He tried to play hardball with the banks, who have never liked him. He lost. Now he needs a way to cover up his failings.

Doesn't bode well for Highbury, though, to have your chairman quit during the middle of debt negotiations.

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This page contains a single entry by Rob Buckley published on December 22, 2005 10:24 AM.

Who nicked my money and why doesn't First Direct want to stop them? was the previous entry in this blog.

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