The 2 Year plan

Quoted from Cloudy

Don't need multi billionaires Grimal.

Just need sensible driven businessmen to get others on board. Then get the fans fully involved. Lots would love 2 invest a little.

You don't need huge sums, you need total buy in from your fans and you need a strategy and a plan. Above all you need to be united, something we are a million miles away at present.

Don't expect it to happen as JF values his role far too highly

Agree with all this but I do reckon you need millions, how many teams have grown "organically" in recent times, Brighton, Huddersfield spring to mind but they came from better starting positions than Town, decent grounds and a fan base from a large catchment for starters.    

Quoted from HertsGTFC

How come you two got invited?

I dunno. I had a rant about the checkatrade trophy and the Mike Parker situation and JF contacted me to go in and discuss it, so i did. It's something he does when he takes exception to comments, so i imagine Old Codger said something he disagreed with.

Quoted from ginnywings

I dunno. I had a rant about the checkatrade trophy and the Mike Parker situation and JF contacted me to go in and discuss it, so i did. It's something he does when he takes exception to comments, so i imagine Old Codger said something he disagreed with.

Fair play, I do remember it was when I first started posting. Looking at the current state of affairs if he applies the same methodology  he may need to organise some form of queuing system outside his office.  

Quoted from HertsGTFC

Fair play, I do remember it was when I first started posting. Looking at the current state of affairs if he applies the same methodology  he may need to organise some form of queuing system outside his office.  

Only when you post something that isn't common knowledge or like posting something close to the bone that doesn't portray JF or the board in good light.

But if you are ever invited he will have pages and pages printed off what you have said and will challenge you on every page like he did Ginny.

Quoted from ginnywings

But my point is that we have no choice but to accept it. Where are the alternatives?

I think that directorships come up for re-election every so many years.

It's feasible that he could actually be voted off the board if sufficient shareholders vote against his re-appointment as a director (whenever that comes up).

He is majority shareholder though so I'm not sure how 'easy' it would be to do this - it will obviously need other people who feel the same way about removing him to buy up shares - but I also think that share purchases at the kind of level neeed to do this need to be agreed/sanctioned at board level, so if he sees potential share purchases as a way to dilute his majority he will be reluctant to sanction those sales.

Personally I'd like the Trust to step out of the boardroom, it's patently obvious that despite all their hard work they have little influence over club policy in the important matters (Boycott Trophy being one).

I'd like to see the Trust join forces with Mike Parker (and other individuals) and look for a way to dilute Fenty's holdings and vote him off the board.

Quoted from Quagmire

I think that directorships come up for re-election every so many years.

It's feasible that he could actually be voted off the board if sufficient shareholders vote against his re-appointment as a director (whenever that comes up).

He is majority shareholder though so I'm not sure how 'easy' it would be to do this - it will obviously need other people who feel the same way about removing him to buy up shares - but I also think that share purchases at the kind of level neeed to do this need to be agreed/sanctioned at board level, so if he sees potential share purchases as a way to dilute his majority he will be reluctant to sanction those sales.

Personally I'd like the Trust to step out of the boardroom, it's patently obvious that despite all their hard work they have little influence over club policy in the important matters (Boycott Trophy being one).

I'd like to see the Trust join forces with Mike Parker (and other individuals) and look for a way to dilute Fenty's holdings and vote him off the board.

A good idea but Fenty put a block on the trust accepting any more shares from MP, and whats to stop JF looting the trust again if he became out numbered in shares, and there is the £3 million someone would have to stump to remove him fully.

Quoted from Marinerz93

A good idea but Fenty put a block on the trust accepting any more shares from MP, and whats to stop JF looting the trust again if he became out numbered in shares, and there is the £3 million someone would have to stump to remove him fully.

The problem is you would need more than £3 million as we need cash to move forward after you squared his loans. Mullen never had that kind of money or the intellect to be anything but a support act which never lasts long.

We need someone with big money to come in settle the debt, fund some playing improvement, court investment for the stadium complex and then sell their stake to the other investors once the stadium project proves it's worth. Sounds easy but with a max fan base projection of what? anything between 6 and 10,000 (max)  it's just not worth the risk.  

Quoted from Marinerz93

A good idea but Fenty put a block on the trust accepting any more shares from MP, and whats to stop JF looting the trust again if he became out numbered in shares, and there is the £3 million someone would have to stump to remove him fully.

The Trust don't need to accept shares from MP, just vote alongside him and others when JFs directorship comes up for re-election.

Nobody would need to stump up the 3 million initially if the loans are as 'benign' as he claims - obviously over time the loans would need to be repaid but I don't think there would be an obligation to pay them off immediately if JF was removed from the board.

Quoted from Quagmire

The Trust don't need to accept shares from MP, just vote alongside him and others when JFs directorship comes up for re-election.

Nobody would need to stump up the 3 million initially if the loans are as 'benign' as he claims - obviously over time the loans would need to be repaid but I don't think there would be an obligation to pay them off immediately if JF was removed from the board.

Do directors need re-electing? I thought it was only the chair, treasurer and secretary in a board constitution, As JF is a "non chairman" his power base is even stronger in reality.

Quoted from Quagmire

The Trust don't need to accept shares from MP, just vote alongside him and others when JFs directorship comes up for re-election.

Nobody would need to stump up the 3 million initially if the loans are as 'benign' as he claims - obviously over time the loans would need to be repaid but I don't think there would be an obligation to pay them off immediately if JF was removed from the board.

I would wager that within a minute JF is voted off the board he'll want he loans paid in full and a short time limit placed on it. Didn't Ramsden do this with the £400k he had in loans when JF took over.