Calculate the interest

Quoted from Fillipe Noche

Question for anyone that is a member of the Mariners Trust committee

If John Fenty gave you £200,000 worth of shares, how would you finance your HMRC tax bill for receiving a gift of shares and a capital gain? Bucket collection?

Which begs the question, what was the actual reason why the Trust’s shares were transferred to Fenty?

Was it coercive?

Who advised the Trust / Fenty? Weaver Root? For both ‘sides’?

Quoted from Marinerz93

Thank you for sharing that and although interesting, It didn't start at 1.5 million it has built up to that over 20 years, please do the calculations based on yearly accounts of how much had been added in each year, £200k will more than cover that and interest rates can be done a lot cheaper than 4.5 if you shopped around.

I think you need to get your facts right

Quoted from Fillipe Noche

Question for anyone that is a member of the Mariners Trust committee

If John Fenty gave you £200,000 worth of shares, how would you finance your HMRC tax bill for receiving a gift of shares and a capital gain?

Is that his reason for not giving them back? Really?! Mike Parker didn’t feel the need to hold back on the grounds the trust might have incurred a tax liability when he gave them £500,000 worth of shares.

Supplementary question for you. If you were concerned at the time that ‘control would lie outside the boardroom’ why didn’t you just invite the Trust into the board? That would have been quite simple.

Why instead did you feel the need to threaten to sell our star player if you didn’t get your way?

Quoted from Knut Anders Fosters Voles

If Fenty was a reasonable man he would divorce his wife, marry Dave Roberts and the ‘gift’ would be a spousal transfer

You mean that didn't happen, I thought Dave Roberts was Russian, what was that about then.

Quoted from Knut Anders Fosters Voles

Which begs the question, what was the actual reason why the Trust’s shares were transferred to Fenty?

Was it coercive?

Who advised the Trust / Fenty? Weaver Root? For both ‘sides’?

Probably because Fenty helped the Trust out quickly in order that they weren’t liable for a whopping great HMRC capital gains bill for receiving the gift of shares from Mike Parker

Quoted from KingstonMariner

Is that his reason for not giving them back? Really?! Mike Parker didn’t feel the need to hold back on the grounds the trust might have incurred a tax liability when he gave them £500,000 worth of shares.

Supplementary question for you. If you were concerned at the time that ‘control would lie outside the boardroom’ why didn’t you just invite the Trust into the board? That would have been quite simple.

Why instead did you feel the need to threaten to sell our star player if you didn’t get your way?

Why are you talking to me as though I’m John Fenty?

That’s really tickled me pink 😂😂

Not sure this post is getting anywhere

Quoted from Fillipe Noche

Why are you talking to me as though I’m John Fenty?

That’s really tickled me pink 😂😂

Why don’t you answer the questions, whatever your name is. You know. Just in your role of Devil’s Advocate.

Anyone had the intelligence yet to calculate the gift of Trust shares from Mike Parker over to John Fenty. To deduct that from the total Mike Parker share gift. Then work out how many shares that left the trust with.

Then reconcile that with any HMRC capital gain tax thresholds ?

Might be something in it 😉

Quoted from Fillipe Noche

Depends

Do you want John to sign off on this if the consortium are going to expect regular monthly repayments with 5% interest?

If it means Fenty has gone from this club then it’s a small price to pay. We heard all about the unavailability of a rainy day fund from the Consortium first time around and what have we witnessed when it was required?

A disaster both on and off the field and the simple fact is the majority of fans want Fenty gone and if that requires us fans forking out a bit more to support the club I believe that will be fine with the majority of fans as well. If JF is of the opinion this will blow over and he can retain his control of the club and continue as if nothing has happened I think he will be in for a rude awakening.