Chris Heck - President of Business Operations

[Sexual Ealing]

Firm Soft Power would be the title of my down tempo, introspective second solo album.

Why not The 6%?

That's my love-making style.

[VillaTim]

Being a shareholder in a company does not give you some automatic control over how the business is run, especially not on something so piddlingly small in terms of numbers to a company like Adidas.

He's a main board Director at Adidas aswell as major shareholder. He has an absolute hand at the table and a big one .

[Risso]

Nas doesn't own 6% of Adidas, he has 3.34%.

[VillaTim]

Nas doesn't own 6% of Adidas, he has 3.34%.

That's still a massive stake and he'd be a major voice there.

[Ads]

Ownership and control are two separate things Coops. His shareholding is neither here nor there.

[VillaTim]

Duh , he's on the main board at Adidas as well as being a majority shareholder .

[Villan82]

Last season was our best finish since 2010, when Nike sponsored us. This season was our best finish since 1996 when we won a trophy and were an outside bet for a treble.

Of course our commercial deals will be better as we haven't been in such a position of strength in a very long time. i won't be cheering Heck just yet until the medium- to long-term vision for the stadium becomes clear as we will hit the glass ceiling again unless that changes.

I also found it a bit class-less the way he threw shade on the deals he inherited given they presumably reflect a club getting itself re-established in the league after a three year sojourn in Division 2.

[Ads]

Duh , he's on the main board at Adidas as well as being a majority shareholder .

I know, that's why I said his shareholding is neither here nor there and that ownership and control are distinct.

Shares = ownership. But tiny number.
Director = control of the company, albeit he's one of a load of them.

The later is more important to making decisions.

[Risso]

Duh , he's on the main board at Adidas as well as being a majority shareholder .

He's not a majority shareholder. Majority means >50%. He's the biggest single non-institutional investor. And he's not on the main executive board, he's on the supervisory board, as German companies have two distinct groups.

[Ads]

Eitherway, it's not a tap in and it's a massive new deal with probably the best sportswear manufacturer going.

[VillaTim]

He's a major shareholder . And Director . He will therefore have significant influence . I accept google won't tell you that though .
As you were. (no gap) .

[Chris Harte]

Eitherway, it's not a tap in and it's a massive new deal with probably the best sportswear manufacturer going.

Throw in the Betano deal as well and I'd say Heck has done well.

Where I suspect Heck has fallen down is in his initial communications and the way we learned about the new North Stand not happening (yet?) as well as the nonsense with the club badge. You get only one chance to make a first impression, and to be fair he flunked it.

Some of us it seems are willing to see past that, and others are not.

[pauliewalnuts]

He's a major shareholder . And Director . He will therefore have significant influence . I accept google won't tell you that though .
As you were. (no gap) .

It wasn't a "tap in" as you initially described it, though, Tim, was it?

[Steve67]

I'm not sure what there is to moan about.  We are in the champions league, about to pick up over £50mill for prize money, have a better kit deal, better sponsors, making good money with attendances and Atairos probably about to do something good with the stadium and infrastructure.  A step up from the likes of Wyness, Faulkner et al.  Improve the communication and the service in some of the stadium areas and we are well on the way.

[VillaTim]

He's a major shareholder . And Director . He will therefore have significant influence . I accept google won't tell you that though .
As you were. (no gap) .

It wasn't a "tap in" as you initially described it, though, Tim, was it?

In my opinion it is a tap in 100%. Adidas (Sawaris) were always going to be our new kit supplier , as for the £** , as per above. Thank Emery & the team for the success on the pitch to make the figures look market rate.