I would have thought that owning a business with a £50 million turnover would need at least 1 permanent Director in place overseeing the day-to-day running of the club, communicating with your 20,000 regular customers, the media, talking regularly with all managers, taking readings of the mood prevailing, current topics re. on and off the pitch activities, addressing questions from key personnel, and being on the ball ready to act in the matter of transfers in and out, potential players, scouting, new coaches/managers when relevant, and so on..