The board of directors of Seville has made public the agenda of the Ordinary General Meeting of Shareholders, which the company will celebrate on December 4, complying with all security measures and adapting the schedules to the states of alarm decreed by the Andalusian Government to prevent the spread of the pandemic of Covid-19.
And the club has decided to include two new points at the request of two shareholders, one of them from former president Rafael Carrión, referring to a modification of the statutes to demand a “reinforced majority” in the approval of those important points that are put to the vote. on the Board. This is a clear response to the intentions of the foreign investment group that intends to control the club and that presented in alliance with José María del Nido the request for an Extraordinary General Meeting in order to change all the positions of the council, including its president.
The eighth point of the agenda reads as follows: “Modification of article 18 of the Bylaws of the entity Sevilla F.C. S.A.D. with regard to the majorities required for the adoption of the resolutions of the General Shareholders' Meeting that require a reinforced majority ”. With the approval of this measure, to decide certain aspects until now it was enough to have 51% of the votes in favor, which, for example, put the entity's real estate assets at risk, such as the Ramón Sánchez Pizjuán stadium and the lands of the sports city, as well as the option that this group would have if it had the necessary support to carry out a capital increase. The number of votes required to carry out these measures, according to some information, will rise to two thirds of the share capital, which will force all the maximum shareholders to agree.
The group '777 Partners', owner of 7.5% of the capital stock, joined with former president José María del Nido to unseat the Castro group in power, but a Mercantile judge deprived the former president of voting against of the interests of the current council as a precautionary measure for the lawsuit filed against him by Castro on understanding that he broke the governance pact signed by all the large shareholders in November 2019.