|
Super Clive |
September 19, 2011, 7:51pm |
|
Vodka Drinker
Posts: 5,636
Posts Per Day: 1.17
Reputation: 70.68%
Rep Score: +55 / -24
Approval: +1
|
Is this situation sour grapes? I don't know the full story so maybe someone who knows more than me can put me straight. But what I have heard is that Fenty wanted Parker more involved in the clubs day to day runnings but MP hasn't replied to any emails sent by JF so he resigned just like Parker did last season, now I may be way of the mark but what i have read so far it seems to be Fenty is being childish and spat his dummy out like MP did last season.
But then were does this Panel investigation come into it? maybe I should wait until we know the facts in the next few days or weeks...Ner intercourse it.
|
|
Logged |
|
|
|
|
Denby |
September 19, 2011, 7:54pm |
|
Table Wine Drinker
Posts: 931
Posts Per Day: 0.16
Reputation: 83.37%
Rep Score: +12 / -2
|
But what I have heard...
i see, must be true then
|
|
Logged |
|
|
|
|
aldi_01 |
September 19, 2011, 7:54pm |
|
Posts: 12,008
Posts Per Day: 2.02
Reputation: 73.73%
Rep Score: +54 / -20
Approval: +5,679
Gold Stars: 473
|
It seems a lot like fenty has chucked his toys out of the pram after Parker became majority shareholder and wanted more involvement in the club, may be even chairmanship, fenty said nonso Parker said balderdash so toilets legal route etc, although a little snide perhaps and now fenty has once again reacted in a childish way, like he did over Slade, radio humberside and any other silt statements he's made in tw last ten years...
|
| 'the poor and the needy are selfish and greedy'...well done Mozza |
|
|
|
|
Super Clive |
September 19, 2011, 7:56pm |
|
Vodka Drinker
Posts: 5,636
Posts Per Day: 1.17
Reputation: 70.68%
Rep Score: +55 / -24
Approval: +1
|
i see, must be true then
Where have i said its true? exactly nowhere so can't you put me straight like I asked? guess not your just as clueless as me.
|
|
Logged |
|
|
|
|
Denby |
September 19, 2011, 7:58pm |
|
Table Wine Drinker
Posts: 931
Posts Per Day: 0.16
Reputation: 83.37%
Rep Score: +12 / -2
|
Where have i said its true? exactly nowhere so can't you put me straight like I asked? guess not your just as clueless as me.
i have no access to fenty & parker's email so can't help you there but i heard that [insert something i just made up]
|
|
Logged |
|
|
|
|
Super Clive |
September 19, 2011, 8:02pm |
|
Vodka Drinker
Posts: 5,636
Posts Per Day: 1.17
Reputation: 70.68%
Rep Score: +55 / -24
Approval: +1
|
i have no access to fenty & parker's email so can't help you there
but i heard that [insert something i just made up]
Made up don't think so well not by me anyway.
|
|
Logged |
|
|
|
|
80sglory |
September 19, 2011, 8:08pm |
|
Guest User |
It seems a lot like fenty has chucked his toys out of the pram after Parker became majority shareholder and wanted more involvement in the club, may be even chairmanship, fenty said nonso Parker said balderdash so toilets legal route etc, although a little snide perhaps and now fenty has once again reacted in a childish way, like he did over Slade, radio humberside and any other silt statements he's made in tw last ten years...
Can Parker call in this investigative body when it was HIS decision to step down though ? Didn't Fenty say at the fans forum he wasn't sure whether he'd be matching Parkers investment or not ? Looks like he hasn't.
|
|
Logged |
|
|
|
|
Wrawby_Mariner |
September 19, 2011, 8:09pm |
|
Season Ticket Holder
Posts: 9,696
Posts Per Day: 1.71
Reputation: 79.42%
Rep Score: +50 / -13
Location: Wrawby
Approval: +862
Gold Stars: 6
|
It says Fenty has resigned while they make investigations. . .does that mean he could be reinstated or what??
|
|
|
|
|
hook line and sinker |
September 19, 2011, 8:13pm |
|
Table Wine Drinker
Posts: 808
Posts Per Day: 0.17
Reputation: 75.68%
Rep Score: +14 / -5
Approval: +37
|
if someone wouldn't mind too just clarify what is going on, parker now owns 54% and fenty the remainder,fentys stepped down now giving parker the chance to buy fentys share? if parker decides not too and fenty pulls his money out this leaves us in the sh*t but if parker does or someone else does then all good? am i on the right lines???
|
|
|
|
|
Swansea_Mariner |
September 19, 2011, 8:36pm |
|
Whiskey Drinker
Posts: 3,533
Posts Per Day: 0.61
Reputation: 85.79%
Rep Score: +22 / -3
Approval: +6,468
Gold Stars: 63
|
Fenty converted all his loans to shares, that I believe was part of the agreement with Mike Parker for him purchasing shares in the club. The only money that Fenty now has in the club which is not shares is that which he put in this season, he could insist this was repaid I presume but without knowing the terms of the loan it would be impossible to tell. Whichever way at the moment the vast majority of the money invested in the club will stay in the club because: - Parker will have to make on offer to buy Fentys shares which Fenty will agree too;
- Fenty will decide not to sell his shares to Parker and therefore retain them - I can't believe anyone else would ever want to buy them from him;
- The panel decides article 9 has not been invoked and therefore Parker is not required to make an offer to buy Fentys shares;
The problem is not really with the money currently invested in the club its with the ongoing cost, the question is whether Parker will - be willing to fund the ongoing operating losses
- put the club up for sale; or
- put the club into administration and lose his investment to date.
|
|
|
|
|