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MuddyWaters |
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Barley Wine Drinker
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i shall buy grimsby
And here's aaron to add another pearl of wisdom.......
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aaron rattray |
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allright viewers? Vodka Drinker
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And here's aaron to add another pearl of wisdom.......
the next michael barrymors strikes again
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Biccys |
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Moderator
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Oh my. All the light on their loafers types had better beware...
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| 11,167
76,962
@biccysthefishy
£110,105
[url]https://www.easyfundraising.org.uk/causes/mariners-trust/[/url] |
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Garth |
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Season Ticket Holder
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i shall buy grimsby
Thats it then now its a certainty that no one else will invest
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GrimRob |
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Moderator
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i shall buy grimsby
You could be made king one day
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| 'Tis better to have loved and lost than never to have loved at all. ~ Alfred Lord Tennyson
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Denby |
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Table Wine Drinker
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The Trust has no money .. certainly not the £1 million a year the club needs to counteract its current trading losses.
just to say, the massive losses we're currently running at can be reduced. the annual losses are so high because of fenty's utter incompetence
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Pontoon Steve |
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Lager Top Drinker
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Right then everybody, get of your arses and go out and buy a Euro Lottery ticket for tonight, you never know, you've got to be in it to win it, i've got mine and if i win the £100 million Town can have a million for nowt.
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Marinerz93 |
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I would think he would not convert that much in to shares as it would take him over the 51% rule that MP fell foul to. Anyway there must be a limit to how many shares there are available I would have thought.
You mean the 75% ownership of shares he held the club ransom to but never took up in the first place
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| Supporting the Mighty Mariners for over 30 years, home town club is were the heart and soul is and it's great to be a part of it.
Jesus’ disciple Peter, picked up a fish to get the tribute money from it, Jesus left his thumb print on the fish, bless'ed is the Haddock. |
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Marinerz93 |
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Marinerz93
I agree with you. And looking at Fenty's "management" of the club it's hard to see how he could ever have made enough money in his other life to be able to chuck £2 million at Town.
Human nature dictates that Fenty will be emotionally unwilling to write off £2 million just for the pleasure of giving some other poor so-and-so more of a fighting chance of succeeding where he failed.
The Trust has no money .. certainly not the £1 million a year the club needs to counteract its current trading losses. My fear is that the Trust will be just another turn-off for potential investors ... and without investment the club will most probably continue in its current downward spiral.
I just cannot see why anyone in their right mind would invest in GTFC as a business.
Am I missing something?
In the fish trade, filleters are mainly on piece work and the labourers are on work hard or get laid off, the company employees are working hard for the same cause. The company does well the filleters get good money and the labourers stay employed and maybe get a chance to learn filleting. In football you have individuals who are on a contract and get paid regardless of effort. If they are managed right you get results if not then it's likely down to some players either wanting to move on, better pay, closer to home or don't like the manager. JF has no intention of writing off the loans, if he had he would either of converted it to shares or written it off before now. The trust would sell enough shares if the right investor came along and any money generated would more than likely be used to benefit the club, win win. What's putting potential investors off is £2million pounds of loans from someone else's mistakes. It's like buying a car or house, you pay what the going rate is, you don't take on someone else's debt. Get rid of the £2 million debt then cast our net.
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| Supporting the Mighty Mariners for over 30 years, home town club is were the heart and soul is and it's great to be a part of it.
Jesus’ disciple Peter, picked up a fish to get the tribute money from it, Jesus left his thumb print on the fish, bless'ed is the Haddock. |
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Bullitt |
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Guest User |
the next michael barrymors strikes again
Oh great another gay murderer.
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