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Calculate the interest

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KingstonMariner
December 28, 2020, 1:58pm
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Quoted from IlkleyMariner
Not sure this post is getting anywhere


Probably right ilkely. Same old team Fenty avoiding questions.


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Oh my friend we're older but no wiser,
For in our hearts the dreams are still the same.
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Fillipe Noche
December 28, 2020, 2:00pm
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Quoted from KingstonMariner


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


I can’t answer questions I don’t know the answer to. I think you might now be confusing me with Lloyd Griffiths
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Swansea_Mariner
December 28, 2020, 2:00pm
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Quoted from Fillipe Noche


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


Quite clearly this fan base has proved time and again it can substantial funds whenever it chooses too why would this be any different.
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Fillipe Noche
December 28, 2020, 2:01pm
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Quoted from Swansea_Mariner


Quite clearly this fan base has proved time and again it can substantial funds whenever it chooses too why would this be any different.


Ah a further gift for HMRC to look into
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SomeSanity
December 28, 2020, 2:01pm
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Quoted from Fillipe Noche


Oh my word that is hysterical

Do you know you are talking about a man with a high net worth in excess of £50 million

And you are suggesting he is motivated by free tickets and car parking spaces 😂😂😂

Do you know how funny that sounds 😂😂😂


So what does motive JF? In your expert opinion when it comes to the progression of our Football Club what motives the current administration?

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KingstonMariner
December 28, 2020, 2:03pm
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Quoted from Fillipe Noche


I can’t answer questions I don’t know the answer to. I think you might now be confusing me with Lloyd Griffiths


Your imagination must have taken a holiday  since you started this thread then! You started it by saying that you were posing the question as Devil’s Advicate. Then why can’t you answer a question as Devil’s Advocate?

Seems to me you are out of ideas. Like your leader (if you are not Fenty himself).


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Oh my friend we're older but no wiser,
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Swansea_Mariner
December 28, 2020, 2:05pm
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So now you're actively deriding the fund raising efforts of fans that underpinned the club at the start of this season and operation promotion, are you actually a fan?
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Marinerz93
December 28, 2020, 2:06pm

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Quoted from Fillipe Noche


Oh my word that is hysterical

Do you know you are talking about a man with a high net worth in excess of £50 million

And you are suggesting he is motivated by free tickets and car parking spaces 😂😂😂

Do you know how funny that sounds 😂😂😂


Worth is one thing what someone will actually pay for something is another, anyway worth excess 50 million and saddles the club with loans, surely a man of such magnificent wealth should be gifting the pocket change and not being so tight fisted!!!


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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blundellpork
December 28, 2020, 2:09pm

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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.


It was intended as a simple calculation to arrive at a ballpark figure. Whether the end result is 500k or 2m is immaterial really as it is simply what if’s and maybe’s. As someone with many years experience in the finance sector, I doubt a league 2/ conference club could borrow at rates materially better than 4.5%.
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friskneymariner
December 28, 2020, 2:13pm

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Have you ever thought alternatively how a man  who you state purportedly has net assets of £50 million can let his reputation be traduced in every corner of the world  where a Grimbarian lives for the sake of a couple hundred thousand pounds. This is not only his reputation but the Fenty legacy for generations to come.


Give a man a fish and you feed him for a day,teach a man to fish and you give him an excuse for him to escape from the wife and kids for the weekend and drink lots of beer.
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