Should the trust be disbanded.?

After the trust have stupidly given away 200 000 pounds worth of shares for nothing no extra power or caveats ie if the club is sold they retain the value of the shares.
Been pretty much anonymous throughout the whole take over.
As i can see it just be fenty yes men that guy rutter doesn’t look to sharp.
When the takeover goes through they should shut up shop.

If you look on the ‘Calculate the interest’ thread, ITK Philip Night claims it was an act of charity from JSF to avoid the Trust members being hit with a capital gains tax bill.

Despite the fact holdover relief could have been claimed on Mike Parker’s shares and the gain would never have crystallised.

It further suggests that the Trust were either blackmailed or advised poorly

There are certainly questions about whether the trust is fit for purpose and whether those involved should be replaced. Jon Wood and Dave Roberts need to be more answerable to the fans. What do they actually do, other than enjoy the perks of being directors?

How do you know they have been anonymous throughout the whole take over, they may be adhering to the confidentiality clause they signed up to when they joined the board.

A new lead at the top may help the trust become more proactive within the club and be of real benefit as the barrier that is currently in place to positive change won't be there to stop or block the trust from becoming a real asset to the club.

Quoted from davmariner

There are certainly questions about whether the trust is fit for purpose and whether those involved should be replaced. Jon Wood and Dave Roberts need to be more answerable to the fans. What do they actually do, other than enjoy the perks of being directors?

They aren't answerable to the fans...they are answerable to the Trust Board and ultimately the members. I know that Jon Wood buys his own season ticket and sits in the main stand - I would imagine Dave does the same. He certainly sits with the fans rather than the directors box at away games.

I think the Trust should be seen by whoever owns the club as the ‘critical friend’. An organization that holds the club to account on behalf of the fans.

Under the current ownership, that appears to be very one sided. Hopefully that will change.

Quoted from Knut Anders Fosters Voles

If you look on the ‘Calculate the interest’ thread, ITK Philip Night claims it was an act of charity from JSF to avoid the Trust members being hit with a capital gains tax bill.

Despite the fact holdover relief could have been claimed on Mike Parker’s shares and the gain would never have crystallised.

It further suggests that the Trust were either blackmailed or advised poorly

Or a bunch of totally ignorant amateurs. Incidentally will the new owners want the Trust to have two seats on the new board I wonder?

I suppose someone has to make the tea and sharpen the pencils but given that the awful heinous Fenty board will be gone why would theTrust want a place, we all trust the new crowd to represent the fans fairly don't we so do the Trust are really need to be in there.

Lets face it they had no power, or if they did they didn't use it, with the old board so they are hardly likely to have any sway on a new professional honest and hopefully open board put together by Shutes & Co

The Trust hasn't been fit for purpose from day one and giving the shares away for NOTHING proves that

Quoted from MrFisherman

The Trust hasn't been fit for purpose from day one and giving the shares away for NOTHING proves that

I suspect they were leant on

Quoted from MrFisherman

The Trust hasn't been fit for purpose from day one and giving the shares away for NOTHING proves that

The trust had no option at the time but to give those shares up, go back to that timeline and read what was said at the time by Fenty if it didn't happen.