So what do we make of the announcement in the last hour that Eggert Magnussen is to take a back seat and become non executive chairman? The club’s owner, Bjorgolfur Gudmundsson will now be taking a more executive, hands on role.
We could of course take the club’s statement at face value, but I have to say that in my experience there is usually more to things like this than meet the eye. I hope there hasn’t been a falling out as Eggert Magnussen has really become a fans’ favourite in a very short time. And there aren’t many chairmen that can say that. Indeed, maybe that’s the problem. Maybe he has become too popular for the owner’s liking. We’ll see.
UPDATE: This is on an Icelandic website from Eggert M…
“When we took over the club last year, it was never my intention to take care of the daily running of the club, 24 hours a day. However, I took that on to begin with. A lot has been going on in recent months but we thought this was the right time for us to make these changes. In fact I needed some time to breathe. I have been very busy and now I can concentrate on other things relating to the future vision of the club.”