Sunday, August 14, 2005
Lord Burns recommends ‘effective’ board for the FA
The governing body of England’s most important sport could get an effective board of directors for the first time in its 142-year history if the conclusions of a structural review by Lord Burns, the prominent business figure, are implemented.
The Abbey National chairman yesterday recommended creation of a new Football Association board, including independent non-executive directors, to take “full responsibility” for running the body, whose annual turnover has risen sharply in recent years to within striking distance of £200m.
The new board should comprise two executive directors, two or three independent non-executives and three directors each appointed by the professional and community, or grass-roots, games. As such, it would be closer in composition to the sort of boards one expects to see presiding over blue-chip companies.
See full Article.