Removing a director as an officer of the company is not the same as taking away his shareholding. He will be employed under a directors service contract. Company members can remove a director at any time by ordinary resolution. This does not always have to cost the company a great deal, generally only where the director has been granted a service contract in excess of 5 years (in which case Mr Carter et al would have had to vote to allow this, so its their own stupid fault for allowing it).
I would suggest getting rid of him would have a positive effect on the business (new broom and all that) and also send a message to creditors, suppliers and prospective sponsors that WTW will not be run like a market stall any longer. Al has already made reference to the fact that people he has spoken to will not invest as long as Mr Elston is in the employ of WTW.

Just a rumour doing the rounds but is there any truth that the newly formed Trinity Metals is coming on board.

I don't think consideration to the removal of JE should be purely about it attracting a large investor. What about fans who are looking for real evidence of change before committing to season tickets etc and whilst ever the man who is chiefly responsible gets moved sideways will not be convinced?

Also what about staff who are rumoured to have had to take a pay cut and or may lose their jobs whilst JE keeps his?

As far as his rugby knowledge is concerned what do we need it for? Wasn't it JE who gave out some of the silly contracts you alluded to in your press conference that been the case he is not needed re player recruitment and we have coaching staff for other onfield matters.

no i dont but having payed out 530 pounds in season tickets which i dont regret .it would be nice to know what i will be watching

Yes I can see that and I know its not a great position to be in, thats why I was amazed when he came out in the media and said what a state you were in. I know that 99% of you on here will all get tickets no mater what happens but thats probbably only about a 1000 so for the other 3000 who bought tickets this year when they were cheap will definatly think twice about buying them now for a decent figure when they have no idea what they will be watching next year.

Just to put your mind at ease :

'Carter says there is no way the club will not start 2014 in Super League and is confident Richard Agar will be able to put together a competitive squad'

Taken from the précis of Michael Carter's statement on the official WT website.