'The board asked me to step down as chairman without apparently doing any investigation.
Last week, Schnater apologized for using the N-word during a media training session in describing how Colonel Sanders spoke.
The disgraced founder of Papa Johns decided that he should play the victim in his controversial situation.
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Some board members want Schnatter - who owns about 30 percent of the company's stock - to leave the board altogether, Schnatter wrote in his letter. The board is now trying to kick him off entirely and, in response, Schnatter has now said it was a mistake for him to step down as chairman. "I will not allow either my good name or the good name of the company I founded and love to be unfairly tainted".
Schnatter reportedly said in his letter that he had insisted in the call that he was not racist.
The move comes days after John Schnatter, the corporation's founder, admitted to using the N-word during an internal conference call. The marketing firm did not respond to requests for comment. And I think, again I don't care if the setting was confidential or not, it hurt somebody's feelings, ' Schnatter said.
A representative for Schnatter declined to comment on whether he was considering legal action.
The company's Twitter page had been silent following Schnatter's most recent comments until Friday when it tweeted an open letter from new CEO Steve Ritchie. He stepped down as CEO in December after criticizing National Football League players for kneeling during the national anthem, blaming the outcry surrounding their protests for slowing sales growth at Papa John's, at the time an NFL sponsor and advertiser. So-and-so used the n-word, and we don't use the n-word, and we're not gonna use the n-word. Later in the call, Schnatter brought up his childhood in IN saying, 'people used to drag African-Americans from trucks until they died'. The source said that other people on the call got offended.