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6CW Exclusive Announcement - MUST READ!!!!

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6CW Exclusive Announcement - MUST READ!!!! Empty 6CW Exclusive Announcement - MUST READ!!!!

Post by Paul Mac 6CW Fri Aug 14, 2015 10:06 am

The below statement has been prepared by Michelle Magnusson, wife of 6CW owner Daniel Magnusson and was delivered to 6CW shareholders and employees this morning

Daniel Magnusson the CEO and owner of 6CW, my husband and father to our two children remains in a medically induced coma in the Saint Federico medical facility in Los Angeles. Although slight improvements in his condition have been seen since his admittance and doctors remain positive with their long term prognosis they are unable to set a definitive date where the swelling will have reduced to an acceptable level to enable Daniel to be allowed to regain consciousness.

As a diligent CEO Daniel had already set in place detailed plans for his succession in 6CW; these plans were two fold; to protect the long term future of the company whilst also allowing for the continued involvement of our family unit.

These plans were meant to celebrate the fantastic job Daniel has completed in taking the company forward and simultaneously safely transition 6CW into safe hands for the challenges of the future; whilst allowing my husband and I to enjoy a well deserved phase of retirement.

It is with a heavy heart and great sadness that following the events that have led to this tragic situation I have made the decision to reassess these plans.

It is now with even greater importance that my future decisions protect not only Daniel but the future safety of the Magnusson family and it is with this in the forefront of my mind that I have instructed our lawyers that we will not be contesting the impending invocation of clause 38b within the contract of ownership.

Whilst the Magnusson family will retain financial ownership of 6CW; as of the 31st August all future day to day operational responsibilities including the identification of prospective new owners of 6CW will be relinquished

I would like to take this opportunity on behalf of Daniel to thank everyone for their support during this difficult time. 6CW will always hold a special part in our families heart and we hope someday to play a role in it's future once more but for the moment understandably all our efforts must be focused on the recovery of Daniel back to full health

Thank you once again

Michelle Magnusson






**Following investigation 6CW.com have uncovered the following details about Clause 38(b)

38(b) In the event of incapacity that results in the inability to undertake the necessary senior roles and responsibilities for a 90 day period de facto ownership will transfer to the following named individual

Mr Dean Andrews



Whilst it is clear that the Magnusson family would still benefit financially from any sale of the company the future of 6CW is very much now solely in the hands of 6CW General Manager Dean Andrews. These latest developments surely make tonight's episode of 6CW Anarchy a must watch for all wrestling fans

Paul Mac 6CW
6CW Creative

Posts : 6474
Join date : 2011-01-26
Age : 45
Location : Born in Surrey, live near Sunderland and work in London

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