Holloway on the local Bristol newspaper

Quoted from Fillipe Noche

Oh hell, if I was a board member I’d have known that. What a foolish fraud I must look now 😉

Oh dear. The sad WUM slipped up and is now trying to wriggle out if it.
Your routine was quite amusing at first.  But it’s getting quite boring now.  I’ve fed this particular troll more than I should have.

Quoted from Fillipe Noche

People also seem to have missed the terminology Mr May used in terms of the investment.

He was at pains to point out that he looks after investments on behalf of others. In a sense like a broker or a driver for investors.

Was it his own money he was investing? Or was he in the business of placing investments on behalf of others ?

Wasn’t his conviction to do with looking after people’s investments?

Quoted from Fillipe Noche

I’m sure the law will have exercised its powers in respect of Mr Mays bank accounts and assets once convicted. I doubt they would have left him with anything that wasn’t rightfully his.

It is not unheard of for assets to be hidden offshore and I am sure that a person with several convictions for very complex frauds would be aware of this.

Quoted from Fillipe Noche

People also seem to have missed the terminology Mr May used in terms of the investment.

He was at pains to point out that he looks after investments on behalf of others. In a sense like a broker or a driver for investors.

Was it his own money he was investing? Or was he in the business of placing investments on behalf of others ?

If it was all squeaky clean, above board and without taint why did John resign from his role on the committee thing with the council?

Quoted from Fillipe Noche

Am I the only person that is also curious how the consortium is going to pay the three instalments?

Will this be through money they are going to introduce into the business from their personal wealth?

Loans that they require repaying maybe?

Do they expect GTFC to generate the financial means to make these payments?

Interesting times

I think the reason they wish to pay in installments is because they are parting with a significant amount of money and it allows them to reduce that risk if worse things come to light with the business.

I'm not insinuating there is anything untoward going on, but given his recent business dealings nothing would surprise me.

The plan might be for player sales to take care of the loans but I'm sure it's well thought out.

Quoted from thefish

Fillipe Noche,

Can I ask, would you have preferred John Fenty to have stayed over the new consortium? If so, why?

Sorry if this has been covered previously... direct me to it if so!

I’d have no problem at all with John Fenty. From the point of view of him being a safe pair of hands, financially the club was and is safe. Yes we have to ride the waves highs and lows, and in a football sense I appreciate the lows are more prevalent. But that really isn’t intentional and I don’t think he can be accused of not trying. Let’s face it, everyone (mostly) thought he’d played a blinder when Holloway had arrived.

He’s worked incredibly hard to try and deliver on the stadium. Prior to Covid setting this back yet again, the Freeman Street prospects look or looked promising.

So in summary I had no problems with John.

In terms of the consortium. I have no problem with them if they are going to support equally as well financially, or better.

Their approach to the John Fenty loans intrigue me though. Do they not have the personal wealth to pay those off on day one? Which would give me a lot of confidence in them. To me it smacks of them buying us, but still needing JF

Quoted from friskneymariner

It is not unheard of for assets to be hidden offshore and I am sure that a person with several convictions for very complex frauds would be aware of this.

And how does one bring offshore money legitimately back into a British corporation without then revealing that money?

Quoted from jamesgtfc

I think the reason they wish to pay in installments is because they are parting with a significant amount of money and it allows them to reduce that risk if worse things come to light with the business.

I'm not insinuating there is anything untoward going on, but given his recent business dealings nothing would surprise me.

The plan might be for player sales to take care of the loans but I'm sure it's well thought out.

Is your preference that revenue from player sales goes towards paying off loans rather than being used to increase the budget or strengthen via permitted income in terms of salary cap etc?

So another pathetic attempt by Fenty’s sock puppet to stir up people to question the takeover. This time wanting Fenty’s loans paid off in one go. Another epic fail from an epically failed regime.

Quoted from KingstonMariner

So another pathetic attempt by Fenty’s sock puppet to stir up people to question the takeover. This time wanting Fenty’s loans paid off in one go. Another epic fail from an epically failed regime.

That’s made me smile