2017 Accounts (merged)

Quoted from golfer

Is it possible for the major shareholder who is not the chairman for some reason to be voted off the board by other board members. It seems very strange that we never hear anything from the board members other than the NON Chairman-why is this.have they had tongues cut out ?

Vote him off , JF demands his loans back instantly , remaining directors have to scrape up 2m between them when ...i think from memory some have put only a few grand in to date.......nah......not going to happen.

Quoted from golfer

Is it possible for the major shareholder who is not the chairman for some reason to be voted off the board by other board members. It seems very strange that we never hear anything from the board members other than the NON Chairman-why is this.have they had tongues cut out ?

Yep and they are in Fentys back pocket.

Quoted from FishOutOfWater

Does it mention anything about Mighty.... doesn't that role provide some kind of income stream now as opposed to being a cost?  

Page 6

1 X sale of the Mighty Matchday Experience                +    £300

1 x specialist dry chemical cleaning of Mighty outfit      -    £350

Quoted from golfer

Is it possible for the major shareholder who is not the chairman for some reason to be voted off the board by other board members. It seems very strange that we never hear anything from the board members other than the NON Chairman-why is this.have they had tongues cut out ?

JF has a controlling interest. In theory if all the other shareholders stuck together they could out vote him BUT many of the shareholders are deceased and JF holds the majority of the 'active' shares.

The board have a policy that only one person speaks publicly and surprise surprise it is the non chairman

Quoted from moosey_club

Page 6

1 X sale of the Mighty Matchday Experience                +    £300

1 x specialist dry chemical cleaning of Mighty outfit      -    £350

Boardroom Matchday Experience pay £500 cash for the afternoon

Fish n chips
Drinks
Watch the match


Boardroom Control *£420 loan per day

Choose how to spend £40m in turnover over 15 years
Define the future of the club
Hire the manager you want
Final say on player acquisition
Personal video messages
Free EFL trips
Free tickets and comps for family and mates to every home and away match
Dance on the pitch at Wembley
Deconstruct flags
Swear at whoever you want
Secure your position forever

*Full cash refund upon football fortune


Makes the matchday experience look a tad expensive..

Quoted from golfer

Is it possible for the major shareholder who is not the chairman for some reason to be voted off the board by other board members. It seems very strange that we never hear anything from the board members other than the NON Chairman-why is this.have they had tongues cut out ?

Just playing Devil`s advocate maybe they think the Clubs being run in a fine and dandy way and all is well so they feel no need to say or do anything?
On the other hand maybe you are right or perhaps they want to avoid making gaffes ala the NON Chairman?

Quoted from moosey_club

Vote him off , JF demands his loans back instantly , remaining directors have to scrape up 2m between them when ...i think from memory some have put only a few grand in to date.......nah......not going to happen.

But if they are benign then they theoretically dont exist anymore ? this is what i mean, the guy has everyone held to ransom and anyone wanting to really invest is held back by this ransom.

He should write the loans off and put them to bed therefore if someone who is willing to heavilly invest can step forwards without losing 2 mill before they get started.

If I’d have won (or even entered) that £141 million on Euromillions a few weeks ago, JF could happily have had £2m of it!

I am not clever enough to understand how things work but, why do we not have an official chairman, what are Mr Fenty's and GTFC's pros and cons to the current setup. Anyone, maybe someone from the trust, who understands these things please explain.

Quoted from monkeyboy

But if they are benign then they theoretically dont exist anymore ? this is what i mean, the guy has everyone held to ransom and anyone wanting to really invest is held back by this ransom.

He should write the loans off and put them to bed therefore if someone who is willing to heavilly invest can step forwards without losing 2 mill before they get started.

Depends on your deifinition or understanding of the word benign.

For this situation, based on previous quotes and statements from JF, i understand benign to mean;

"they exist, they are on record, they are owed  but would not be called in if it would harm the club"

which i then interpret to mean...

"the money i am owed will not be written off and if you want me out then whoever is taking over has to the have the funding to pay me off first and still have plenty left to finance the club otherwise i am going nowhere and neither is the debt i am owed"