logo
Glentoran call Extraordinary General Meeting as owner Ali Shams Pour looks to strengthen grip on club

Glentoran call Extraordinary General Meeting as owner Ali Shams Pour looks to strengthen grip on club

The Belfast Telegraph can reveal that shareholders have been informed the EGM will take place at the Harland & Wolff staff club in east Belfast later this month, with 75 per cent of shareholder approval required for the East (No.1) Limited company, of which Pour is a director, to add a further ten per cent to the shares they already have in the club.

Orange background

Try Our AI Features

Explore what Daily8 AI can do for you:

Comments

No comments yet...

Related Articles

Former Sky Sports presenter banned from business for football bet scam
Former Sky Sports presenter banned from business for football bet scam

The National

time5 hours ago

  • The National

Former Sky Sports presenter banned from business for football bet scam

Football betting firm boss Alan Bentley, who worked for the broadcaster between 1996 and 2001, allowed his Bentley Global (UK) Limited company to obtain more than £1.5m from investors during late 2019 and the first half of 2020, promising returns of up to 20%. Investors' funds were to be used to place bets on the outcomes of football matches using an artificial intelligence algorithm called Algol88. However, no evidence was produced that Bentley Global (UK) Limited was actually betting on football matches in that period, HMRC said. Bentley Global (UK) Limited also had no known source of trading income in that time, having suffered losses of more than £5m by August 2019 and over £4m by August 2018. READ MORE: SNP urge Rachel Reeves to abandon disability cuts after winter fuel U-turn The 63-year-old from Essex has been banned as a company director for 11 years. Bentley's brother, Brian Bentley, was also disqualified as a company director in 2024 for misconduct while he was a director at Bentley Global (UK) Limited. Kevin Read, chief investigator at the Insolvency Service, said: 'Alan Bentley's company secured more than £1.5m from hundreds of investors under a bond investment scheme during a nine-month period in 2019 and 2020 when there was no evidence of any trading. 'Bentley knew the company had made huge losses and was unable to pay its debts. His company had no reasonable prospect of being able to repay the investments and interest payments under the bond scheme because of its dire financial position. 'Directors have a responsibility to be honest and transparent with investors, especially when handling their money. This case sends a clear message that those who abuse their position and mislead investors will not be able to continue to act as company directors.'

Former Sky Sports presenter banned for football betting scam
Former Sky Sports presenter banned for football betting scam

The National

time9 hours ago

  • The National

Former Sky Sports presenter banned for football betting scam

Football betting firm boss Alan Bentley, who worked for the broadcaster between 1996 and 2001, allowed his Bentley Global (UK) Limited company to obtain more than £1.5 million from investors during late 2019 and the first half of 2020, promising returns of up to 20%. Investors' funds were to be used to place bets on the outcomes of football matches using an artificial intelligence algorithm called Algol88. READ MORE: SNP urge Rachel Reeves to abandon disability cuts after winter fuel U-turn However, no evidence was produced that Bentley Global (UK) Limited was actually betting on football matches in that period. Bentley Global (UK) Limited also had no known source of trading income in that time, having suffered losses of more than £5 million by August 2019 and over £4 million by August 2018. The 63-year-old from Essex has been banned as a company director for 11 years. Bentley's brother, Brian Bentley, was also disqualified as a company director in 2024 for misconduct while he was a director at Bentley Global (UK) Limited. Kevin Read, chief investigator at the Insolvency Service, said: 'Alan Bentley's company secured more than £1.5 million from hundreds of investors under a bond investment scheme during a nine-month period in 2019 and 2020 when there was no evidence of any trading. 'Bentley knew the company had made huge losses and was unable to pay its debts. His company had no reasonable prospect of being able to repay the investments and interest payments under the bond scheme because of its dire financial position. 'Directors have a responsibility to be honest and transparent with investors, especially when handling their money. This case sends a clear message that those who abuse their position and mislead investors will not be able to continue to act as company directors.'

DOWNLOAD THE APP

Get Started Now: Download the App

Ready to dive into the world of global news and events? Download our app today from your preferred app store and start exploring.
app-storeplay-store