2 Brothers have put £1 Million into them which will go towards transfers today and infrastructure

another reminder of what we are up against

The multi-millionaires of the NE Lincs area are letting the club down BADLY. Time to stand up and be counted. Get the chequebook out you skinflints.

I was also surprised to read Hurst saying one of our transfer targets chose to go to Solihull Moors rather than us, because the money was considerably more.

Quoted from NorthseaMariner

I was also surprised to read Hurst saying one of our transfer targets chose to go to Solihull Moors rather than us, because the money was considerably more.

saw that yesterday, I wondered if it was Dallas

That smacked a bit of desperation from Hurst, he knows what he's dealing with and any constraints he's under.  Moaning that we're getting outbid isn't going to win him any favours with fans, nor I suspect 1878.

There are a lot of high spenders in this division.  The absolute vast majority, if not all, are spending beyond their means.  I can't lie and say I'm not envious that clubs are bringing in players that we would like to have in our squad, but it is what it is.  It's the remit he's working to and even the slightest moan about it achieves nothing at all.

That said, you've gotta fear for the future of some of these clubs.  It's ok someone coming in and lobbing a £1million at transfers, that might get you 5 or 6 really good players at this level.  But they don't come on minimum wage.  They'll command a premium wage, more so if they're going to drop down to this level.    Chucking money at it is in no way a guaranteed route to success.  There's only 2 teams that are going up into League Two.  At least one team is going to be stuck in this division next season, with a wage bill that they've absolutely no chance of matching against their income.  Amidst this we're on the brink of a financial crisis globally.  

It is frustrating that we're not able to match the spending of some clubs, even more so when we know we've generated a bulk of money through sales and sell-ons, but long term I feel very comfortable for our future.  I can't say I share that view for Chesterfield, Stockport et al.  The disappointing irony is that the clubs that are chucking money at it are the ones who have previous for poor financial control and should be well aware of the downfalls of not cutting your cloth appropriately.  

Quoted from NorthseaMariner

I was also surprised to read Hurst saying one of our transfer targets chose to go to Solihull Moors rather than us, because the money was considerably more.

It’s really thought-provoking if that is where we sit in the pecking order. If true I am really disillusioned

Quoted from Hagrid

2 Brothers have put £1 Million into them which will go towards transfers today and infrastructure

another reminder of what we are up against

Remind me how much 1878 said they will be putting into the club this financial year?

Quoted from GollyGTFC

Remind me how much 1878 said they will be putting into the club this financial year?

No idea? please enlighten me

But i doubt its 1 Million 3/4 of the way through the season

Worth noting how much money we’ve been paid in transfer fees in the last year or so and who’s taken that money out of the club.

Quoted from GollyGTFC

Remind me how much 1878 said they will be putting into the club this financial year?

Do a Columbo, do a Columbo!

Quoted from diehardmariner

That smacked a bit of desperation from Hurst, he knows what he's dealing with and any constraints he's under.  Moaning that we're getting outbid isn't going to win him any favours with fans, nor I suspect 1878.

There are a lot of high spenders in this division.  The absolute vast majority, if not all, are spending beyond their means.  I can't lie and say I'm not envious that clubs are bringing in players that we would like to have in our squad, but it is what it is.  It's the remit he's working to and even the slightest moan about it achieves nothing at all.

That said, you've gotta fear for the future of some of these clubs.  It's ok someone coming in and lobbing a £1million at transfers, that might get you 5 or 6 really good players at this level.  But they don't come on minimum wage.  They'll command a premium wage, more so if they're going to drop down to this level.    Chucking money at it is in no way a guaranteed route to success.  There's only 2 teams that are going up into League Two.  At least one team is going to be stuck in this division next season, with a wage bill that they've absolutely no chance of matching against their income.  Amidst this we're on the brink of a financial crisis globally.  

It is frustrating that we're not able to match the spending of some clubs, even more so when we know we've generated a bulk of money through sales and sell-ons, but long term I feel very comfortable for our future.  I can't say I share that view for Chesterfield, Stockport et al.  The disappointing irony is that the clubs that are chucking money at it are the ones who have previous for poor financial control and should be well aware of the downfalls of not cutting your cloth appropriately.  

I get this, we’ve never been the biggest spenders but I’m sure once Fenty has been paid off 1878 will actively seek other investors to help improve the squad and build for the future.

Who wants to be a millionaire?

Blame our ex non chairperson not the current regime

Quoted from HertsGTFC

I get this, we’ve never been the biggest spenders but I’m sure once Fenty has been paid off 1878 will actively seek other investors to help improve the squad and build for the future.

Will they?  This isn't a criticism of them or their approach but I'm sure they said they want to make the club self-sufficient rather than seek external investment.

Quoted from diehardmariner

Will they?  This isn't a criticism of them or their approach but I'm sure they said they want to make the club self-sufficient rather than seek external investment.

Did they explicitly rule out the idea of external investment? Investment and sustainability don’t have to be mutually exclusive, do they?

An investment, for example, in the youth system or our recruitment set-up could help make the club more sustainable if we had a steady flow of players coming through and being sold for more than they cost to produce, a la Peterborough.

Quoted from Hagrid

No idea? please enlighten me

But i doubt its 1 Million 3/4 of the way through the season

It’s over £1m.

“Andrew and I intend to continue to invest in the infrastructure and playing side of the Club and since the financial year end 1878 Partners has invested a further £1.125m into the business to support these initiatives.
-Jason Stockwood

How are the new pair at Chesterfield any different to what 1878 have done this season?

The only difference is the transfer window closes in less than 6 hours.

Quoted from Poojah

Did they explicitly rule out the idea of external investment? Investment and sustainability don’t have to be mutually exclusive, do they?

An investment, for example, in the youth system or our recruitment set-up could help make the club more sustainable if we had a steady flow of players coming through and being sold for more than they cost to produce, a la Peterborough.

Correct.

I should have stated it was in response to the comment highlighted in bold :

Quoted from HertsGTFC

I get this, we’ve never been the biggest spenders but I’m sure once Fenty has been paid off 1878 will actively seek other investors to help improve the squad and build for the future.

Quoted from Hagrid

No idea? please enlighten me

But i doubt its 1 Million 3/4 of the way through the season

Well they freed us of Fenty which cost ~£1.5m when you include the other shares they purchased. They also committed to repay the loans over 3 years if football fortune didn't which was a £1.5m commitment and then since the accounting year ended, they've put over £1m into the business.

I'm confident that there is method to the madness of the 1878 spending but I can see the bubbles bursting (again in some cases) for some of the other clubs.

Quoted from diehardmariner

Will they?  This isn't a criticism of them or their approach but I'm sure they said they want to make the club self-sufficient rather than seek external investment.

JS recently said a number of people have expressed an interest, “investment” isn’t something that would compromise the club being sustainable & self sufficient as long as your incomings cover your outgoings and you don’t become reliant on individuals funding and underwriting your expenditure.

Quoted from diehardmariner

Correct.

I should have stated it was in response to the comment highlighted in bold :

Yep, fair play. I’m with you in that I don’t like the idea of inorganic investment in the playing squad, with the odd minor exception (e.g. firming up the squad in the midst of a title race).

Quoted from HertsGTFC

Worth noting how much money we’ve been paid in transfer fees in the last year or so and who’s taken that money out of the club.

I also wonder how long we will have to wait to receive 7 figures in transfer income over 12 months. That money could have really made a huge difference on and off the pitch if it didn't get sent straight to Humberston Avenue.

Quoted from diehardmariner

Correct.

I should have stated it was in response to the comment highlighted in bold :

I said “help improve the squad” I didn’t say pay transfer fees or players salaries. You can do the former without doing the latter.

I think external investment will be sought once we've paid our benign loan that will never compromise the future of the club. It wouldn't surprise me if he has a clause for external investment like he has on transfer fees.

Perhaps I've not had enough coffee this morning.  But if we're talking investment in improving the squad, I'm struggling to see how you do that other than via transfer fees or wages.

Or are you thinking on the terms of improving it via better coaches, facilities, sports science etc.?  If so I think we're splitting hairs, undoubtedly from me!  I think 1878 will welcome any wider investment, I don't think they'll want someone coming in saying they can give us £300,000 to spend on a striker.

Quoted from jamesgtfc

I think external investment will be sought once we've paid our benign loan that will never compromise the future of the club. It wouldn't surprise me if he has a clause for external investment like he has on transfer fees.

I think with the liability we have to Fenty asking anyone to invest now would be a bit of a cheek considering in a kind of way they’d be subsidising the payments we owe him.

Quoted from diehardmariner

Perhaps I've not had enough coffee this morning.  But if we're talking investment in improving the squad, I'm struggling to see how you do that other than via transfer fees or wages.

Or are you thinking on the terms of improving it via better coaches, facilities, sports science etc.?  If so I think we're splitting hairs, undoubtedly from me!  I think 1878 will welcome any wider investment, I don't think they'll want someone coming in saying they can give us £300,000 to spend on a striker.

I am 100% in the same space as you on this for sure 👍

The word 'Investment' covers a lot of bases in footballspeak. Usually, it really means 'gift' from those wealthy enough to give it away as sounds to be the case with this Chesterfield bung. Of course, we also know the case where it is actually a loan which needs to be paid back at a future date.

The ideal is that the club generates all the money they need to continue to operate successfully but every club is attempting the same by hook or by crook and obviously not every club can be successful at the same time. Makes life very difficult for those not willing to chuck money at the problem, even when it is the right thing to do.

Going back to Hurst’s point about Solihull offering better wages to one of his transfer targets, that is important to note. How they do it I don’t know, but it should influence our expectations as fans.

I’m not sure why we keep rattling on about the debt to Fenty. It was obviously agreed and any funds raised by the sale of Pollock, Grist and Dembele only hasten the payment of the debt and don’t change the amount due which was signed off in the deal.

It's a buddy that we can be outbid for a player by frigging Solihull Moors.

Quoted from arryarryarry

It's a buddy that we can be outbid for a player by frigging Solihull Moors.

They may though have put all their eggs in one basket for that player though.

Quoted from Theimperialcoroner

They may though have put all their eggs in one basket for that player though.

They did the double on us and so looks like a winning strategy to me

Quoted from Theimperialcoroner

They may though have put all their eggs in one basket for that player though.

Considering they have beaten us twice, are above us in the table suggests the rest of their players aren't too shabby.  

Solihull are just another club overspending at this level, just to compete. That's what the spending of Wrexham, Chesterfield and the like drive them to do.

None of these models of spending are sustainable. If and when the plug is pulled, they'll be the ones in trouble, not us. It's a short-term view whereas, as much as this may frustrate a lot of us, I believe 1878 have a long-term view which means we may have to be patient.

Too many clubs are putting their existence on the line by spending like this. I'm not even sure they'll be showered with money if/when they reach the EFL — they'll have to keep on spending until they reach a level where it's really justified (Championship).

You only have to look down the A180 to see what happens when either the money runs out or the owners lose interest.

Quoted from KingstonMariner

Going back to Hurst’s point about Solihull offering better wages to one of his transfer targets, that is important to note. How they do it I don’t know, but it should influence our expectations as fans.

Looking at their accounts (they do not include an I&E account) they have a significant loss carried over and a deferred tax liability of nearly £1m. Their current equity stands at - £ 2.87m which does not bode well for the future especially if the tax man comes to collect !

Quoted from diehardmariner

That smacked a bit of desperation from Hurst, he knows what he's dealing with and any constraints he's under.  Moaning that we're getting outbid isn't going to win him any favours with fans, nor I suspect 1878.

I suspect in a fight to the death, we could've matched or beaten the Solihull offer, but it comes down to value.  We valued the player lower than Solihull and therefore missed out.  Our top wage band might be higher than Solihull's, but their top band is probably higher than our middle band.

You may be right, but Hurst did say that money they were offering was more than any of our players are on.

Quoted from Mrbump53

Looking at their accounts (they do not include an I&E account) they have a significant loss carried over and a deferred tax liability of nearly £1m. Their current equity stands at - £ 2.87m which does not bode well for the future especially if the tax man comes to collect !

Oh aye. Don’t get me wrong. I think they’re bonkers. I’m just saying look what others are prepared to do, and set our expectations accordingly. As well as Wrexham, Chesterfield, Stockport and Notts County, we could be outspent by some of the minnows.

Let teams like Solihull outbid us on players . We shouldn’t be spending beyond what is the value of the player and their wages .

Quoted from diehardmariner

That smacked a bit of desperation from Hurst, he knows what he's dealing with and any constraints he's under.  Moaning that we're getting outbid isn't going to win him any favours with fans, nor I suspect 1878.

There are a lot of high spenders in this division.  The absolute vast majority, if not all, are spending beyond their means.  I can't lie and say I'm not envious that clubs are bringing in players that we would like to have in our squad, but it is what it is.  It's the remit he's working to and even the slightest moan about it achieves nothing at all.

That said, you've gotta fear for the future of some of these clubs.  It's ok someone coming in and lobbing a £1million at transfers, that might get you 5 or 6 really good players at this level.  But they don't come on minimum wage.  They'll command a premium wage, more so if they're going to drop down to this level.    Chucking money at it is in no way a guaranteed route to success.  There's only 2 teams that are going up into League Two.  At least one team is going to be stuck in this division next season, with a wage bill that they've absolutely no chance of matching against their income.  Amidst this we're on the brink of a financial crisis globally.  

It is frustrating that we're not able to match the spending of some clubs, even more so when we know we've generated a bulk of money through sales and sell-ons, but long term I feel very comfortable for our future.  I can't say I share that view for Chesterfield, Stockport et al.  The disappointing irony is that the clubs that are chucking money at it are the ones who have previous for poor financial control and should be well aware of the downfalls of not cutting your cloth appropriately.  

I think what he's trying to do is provide frames of reference for the fans. We can sit in the stands and on the forums and scratch our heads as to why we're not signing players we all deem competent enough. It's probably likely that a large portion of our fans would simply expect/assume us to be spending more than the likes of Solihull just off name alone. If the reality is that clubs like Solihull are starting to compete financially and able to attract players of the standard we'd want then why wouldn't he make that known?

It widens the argument of what makes Grimsby more attractive than anyone else. History, name and reputation aren't the foundations of what's attractive for players and if stereo-typically smaller clubs can offer a better financial package than we can we will lose out. He may know the constraints to which he has to operate but if fans aren't aware that Solihull have more clout then a good selection of them will be berating him for not attracting the players going to clubs in that bracket.

Quoted from louth_in_the_south

Let teams like Solihull outbid us on players . We shouldn’t be spending beyond what is the value of the player and their wages .

I think that’s the issue though some boards & managers see more value in a player than others. Just because one club will pay X amount of their budget on an individual doesn’t necessarily mean he’s worth it unless they’re truly proven like say Amond........ ironically.

You have to question how clubs of Solihull’s size are in a position to pay more then ourselves, their season ticket/ gate money must be around half of ours so unless they have a sugar daddy where is their money coming from, unless of course it’s all about the here and now regarding spending and not worry about future years yet, eg, just as scunny have done and look at what their future is looking like.

Phil Kirk, who has put the cash into Chesterfield,  was the visionary behind Chrysaor, who went from owning nothing in the North Sea, to the biggest operator in 6/7 years. They took over/merged with another company last year to form Harbour Energy, with a value of 3.36 billion. He has since resigned, owned 1.4 percent of that value, 47 million. The worrying thing there is that he has nothing to do now, so is likely to keep doing it for a bit, at least until they are well out of sight of us. I used to work for them, he's a normal bloke, who's seriously minted, and looks to only have one interest atm 😳

I've always said budget should mainly be based on attendances.  Some of these clubs are so desperate to get out this league they will over spend the odds to get out.  whilst the league sit back and say nothing.  If i was on the NL board, i;d be saying how concerning the spending is on some of these clubs.

Quoted from jamesgtfc

Well they freed us of Fenty which cost ~£1.5m when you include the other shares they purchased. They also committed to repay the loans over 3 years if football fortune didn't which was a £1.5m commitment and then since the accounting year ended, they've put over £1m into the business.

I'm confident that there is method to the madness of the 1878 spending but I can see the bubbles bursting (again in some cases) for some of the other clubs.

You are double counting again.

Quoted from HerveJosse

You are double counting again.

£500k of that £1.125m MAY be for the first installment of the loan but it hasn't been confirmed anywhere and that's still £625k of fresh investment that the club hasn't had for years.

Quoted from Gaffer58

You have to question how clubs of Solihull’s size are in a position to pay more then ourselves, their season ticket/ gate money must be around half of ours so unless they have a sugar daddy where is their money coming from, unless of course it’s all about the here and now regarding spending and not worry about future years yet, eg, just as scunny have done and look at what their future is looking like.

You're looking at it the wrong way. I imagine we are in the position to offer any Solihull player a higher wage than he's currently on. However, if that Solihull player is out of contract in the summer the player would probably believe in the long run he can earn more money by sitting out his contract with the view of getting a higher wage than we would offer in the summer.

Why join us and get maybe an extra £300 a week for 18 months when he can potentially get a much bigger pay rise, maybe at a higher level too and possibly a longer contract too?

Nobody has yet mentioned the impending salary cap, which 1878 are in favour of. When that is introduced, the amount of clubs we could potentially outspend will fall to almost none, putting us on a par with more than just the Solihull's of the world.

I suspect some clubs are getting their spending in now, so their high earners will be taken at the league average and put them in a better position than teams who haven't spent big; at least it will for a couple of seasons until the contracts start to run down.

The days of Stockport and others signing league players for big bucks will come to an end, so I suspect they want to get out of this league pronto while they have the financial advantage over others.

To my mind, spending restrictions are a good thing, to stop clubs running up debt they can't afford, bit a one size fits all approach is just plain wrong. It should be a percentage of income.

Quoted from ginnywings

Nobody has yet mentioned the impending salary cap, which 1878 are in favour of. When that is introduced, the amount of clubs we could potentially outspend will fall to almost none, putting us on a par with more than just the Solihull's of the world.

I suspect some clubs are getting their spending in now, so their high earners will be taken at the league average and put them in a better position than teams who haven't spent big; at least it will for a couple of seasons until the contracts start to run down.

The days of Stockport and others signing league players for big bucks will come to an end, so I suspect they want to get out of this league pronto while they have the financial advantage over others.

To my mind, spending restrictions are a good thing, to stop clubs running up debt they can't afford, bit a one size fits all approach is just plain wrong. It should be a percentage of income.

I think owners should be allowed to spend what they like as long as it doesn't go into the accounts as a debt.

Lee Camp..

Quoted from lukeo

Lee Camp..

..was good around the same time Anthony Church played for us?

Quoted from ginnywings

Nobody has yet mentioned the impending salary cap, which 1878 are in favour of. When that is introduced, the amount of clubs we could potentially outspend will fall to almost none, putting us on a par with more than just the Solihull's of the world.

I suspect some clubs are getting their spending in now, so their high earners will be taken at the league average and put them in a better position than teams who haven't spent big; at least it will for a couple of seasons until the contracts start to run down.

The days of Stockport and others signing league players for big bucks will come to an end, so I suspect they want to get out of this league pronto while they have the financial advantage over others.

To my mind, spending restrictions are a good thing, to stop clubs running up debt they can't afford, bit a one size fits all approach is just plain wrong. It should be a percentage of income.

What is the salary cap, in relation to our current wage bill, and how are matters like signing on fees etc handled?

So let me understand this. So, there a people on this message-board that are ….

1. Moaning because the new owners are not putting large amounts of their hard earned cash to sign more expensive players, in the way that teams like Chesterfield, Solihull Moors and Wrexham are.

2. People are now also suggesting that the managers public comments regarding the spending of other clubs, will cause a difficult situation between him and the new owners, as it isn’t a good look to be portraying.

Now, as I’m sure many of you will testify, there were people on this messageboard that tried to twist my words during the takeover, when I suggesting that not everything will be rosey after the buy out, and that it won’t be plain sailing, and that I’m sure there will come a time when the new owners will become criticised, even by those that were tapping away at their keyboards wearing rose tinted spectacles. It would seem that time is about now.

For those of you that ridiculed me and harassed me, I offer you this. As I’ve said on multiple occasions, I’ve never been against new ownership. Infact I was all for it. The points I was making was simply that, in your criticisms of John Fenty, and in your desires to want to see him leave, I was certain that it wouldn’t be long before some of the Fishy faithful would be commencing the sort of comments towards the new owners, that they did to John. Even in his earliest days. It seems I was right.

This is not a criticism to the genuine supportive fans with common sense. But for those of you, that know who you are…… if the cap fits

Quoted from Poojah

What is the salary cap, in relation to our current wage bill, and how are matters like signing on fees etc handled?

The details haven't been thrashed out yet, but a cap of £900,000 is being mooted. I don't know how that compares to our current spend.

The only details available are those that were put in place when it was brought in at EFL level. It covered wages, bonuses, signing on fees, agents fees, national insurance contributions and relocation costs.

The details of the National League cap will be discussed at the next board meeting, which last year was in June.

Quoted from Fillipe Noche

So let me understand this. So, there a people on this message-board that are ….

1. Moaning because the new owners are not putting large amounts of their hard earned cash to sign more expensive players, in the way that teams like Chesterfield, Solihull Moors and Wrexham are.

2. People are now also suggesting that the managers public comments regarding the spending of other clubs, will cause a difficult situation between him and the new owners, as it isn’t a good look to be portraying.

Now, as I’m sure many of you will testify, there were people on this messageboard that tried to twist my words during the takeover, when I suggesting that not everything will be rosey after the buy out, and that it won’t be plain sailing, and that I’m sure there will come a time when the new owners will become criticised, even by those that were tapping away at their keyboards wearing rose tinted spectacles. It would seem that time is about now.

For those of you that ridiculed me and harassed me, I offer you this. As I’ve said on multiple occasions, I’ve never been against new ownership. Infact I was all for it. The points I was making was simply that, in your criticisms of John Fenty, and in your desires to want to see him leave, I was certain that it wouldn’t be long before some of the Fishy faithful would be commencing the sort of comments towards the new owners, that they did to John. Even in his earliest days. It seems I was right.

This is not a criticism to the genuine supportive fans with common sense. But for those of you, that know who you are…… if the cap fits

As you well know Phil, it's only a tiny fishy minority who criticize. The famous fishy 5, or was it 6?

Well that's what you lot used to claim anyway, so no need to worry.

Quoted from Fillipe Noche

So let me understand this. So, there a people on this message-board that are ….

1. Moaning because the new owners are not putting large amounts of their hard earned cash to sign more expensive players, in the way that teams like Chesterfield, Solihull Moors and Wrexham are.

2. People are now also suggesting that the managers public comments regarding the spending of other clubs, will cause a difficult situation between him and the new owners, as it isn’t a good look to be portraying.

Now, as I’m sure many of you will testify, there were people on this messageboard that tried to twist my words during the takeover, when I suggesting that not everything will be rosey after the buy out, and that it won’t be plain sailing, and that I’m sure there will come a time when the new owners will become criticised, even by those that were tapping away at their keyboards wearing rose tinted spectacles. It would seem that time is about now.

For those of you that ridiculed me and harassed me, I offer you this. As I’ve said on multiple occasions, I’ve never been against new ownership. Infact I was all for it. The points I was making was simply that, in your criticisms of John Fenty, and in your desires to want to see him leave, I was certain that it wouldn’t be long before some of the Fishy faithful would be commencing the sort of comments towards the new owners, that they did to John. Even in his earliest days. It seems I was right.

This is not a criticism to the genuine supportive fans with common sense. But for those of you, that know who you are…… if the cap fits

You’re rapidly becoming a self-parody chum.

Quoted from Fillipe Noche

For those of you that ridiculed me and harassed me, I offer you this. As I’ve said on multiple occasions, I’ve never been against new ownership. Infact I was all for it. The points I was making was simply that, in your criticisms of John Fenty, and in your desires to want to see him leave, I was certain that it wouldn’t be long before some of the Fishy faithful would be commencing the sort of comments towards the new owners, that they did to John.

You were about as keen on new ownership as a P&O purser with a petty cash imbalance.

Quoted from Fillipe Noche

So let me understand this. So, there a people on this message-board that are ….

1. Moaning because the new owners are not putting large amounts of their hard earned cash to sign more expensive players, in the way that teams like Chesterfield, Solihull Moors and Wrexham are.

2. People are now also suggesting that the managers public comments regarding the spending of other clubs, will cause a difficult situation between him and the new owners, as it isn’t a good look to be portraying.

Now, as I’m sure many of you will testify, there were people on this messageboard that tried to twist my words during the takeover, when I suggesting that not everything will be rosey after the buy out, and that it won’t be plain sailing, and that I’m sure there will come a time when the new owners will become criticised, even by those that were tapping away at their keyboards wearing rose tinted spectacles. It would seem that time is about now.

For those of you that ridiculed me and harassed me, I offer you this. As I’ve said on multiple occasions, I’ve never been against new ownership. Infact I was all for it. The points I was making was simply that, in your criticisms of John Fenty, and in your desires to want to see him leave, I was certain that it wouldn’t be long before some of the Fishy faithful would be commencing the sort of comments towards the new owners, that they did to John. Even in his earliest days. It seems I was right.

This is not a criticism to the genuine supportive fans with common sense. But for those of you, that know who you are…… if the cap fits

I'd suggest you're misunderstanding things. I don't think this is a scenario where fans are moaning the new owners aren't putting their own money into it, it's evident they have. The argument/concern/point was that Solihull have beaten us to the signing of a player PH wanted.

Nothing in what he said - please correct me if I'm wrong, I'm trying to recall from reading the thread earlier at work so could be completely wide of the mark- categorically states it's financial. It could be family related, location related or even that he has a relationship with the manager and wanted to play for him.

The new owners are a year (just?) into their tenure and already they've made so many changes that have been well received in terms of trying to improve the football club as a whole. I was never a Fenty-basher so to speak but it had become obvious to any man and his dog that he was maintaining the status-quo and doing nothing with the club, which in the modern game is effectively going backwards.....which we did.

The work 1878 are doing, once completed, has long lasting implications for the on-field development of the team and - in my opinion - making us more attractive to players but it will take time. It is impossible not only to judge the new owners yet but also to draw comparisons because I think you'd fall in a minority of one based on all the evidence so far if you landed on the Fenty side of the fence.

Quoted from gtfc_chris

It is impossible not only to judge the new owners yet but also to draw comparisons because I think you'd fall in a minority of one based on all the evidence so far if you landed on the Fenty side of the fence.

He's not going to bite the hand that fed him for all those years. It might also be the hand that kindly let him participate in the Chairmans Experience for the cost of £3000.

Quoted from jamesgtfc

He's not going to bite the hand that fed him for all those years. It might also be the hand that kindly let him participate in the Chairmans Experience for the cost of £3000.

What the Hell was the Chairman’s Experience? Copping a feel of his balls on the billiard table?

Quoted from KingstonMariner

What the Hell was the Chairman’s Experience? Copping a feel of his balls on the billiard table?

On top of free attendance home and away, doing and saying in public what the principle funder tells you to and always defending said principle funder, even if he's been caught with criminals.

Quoted from Fillipe Noche

So let me understand this. So, there a people on this message-board that are ….

1. Moaning because the new owners are not putting large amounts of their hard earned cash to sign more expensive players, in the way that teams like Chesterfield, Solihull Moors and Wrexham are.

2. People are now also suggesting that the managers public comments regarding the spending of other clubs, will cause a difficult situation between him and the new owners, as it isn’t a good look to be portraying.

Now, as I’m sure many of you will testify, there were people on this messageboard that tried to twist my words during the takeover, when I suggesting that not everything will be rosey after the buy out, and that it won’t be plain sailing, and that I’m sure there will come a time when the new owners will become criticised, even by those that were tapping away at their keyboards wearing rose tinted spectacles. It would seem that time is about now.

For those of you that ridiculed me and harassed me, I offer you this. As I’ve said on multiple occasions, I’ve never been against new ownership. Infact I was all for it. The points I was making was simply that, in your criticisms of John Fenty, and in your desires to want to see him leave, I was certain that it wouldn’t be long before some of the Fishy faithful would be commencing the sort of comments towards the new owners, that they did to John. Even in his earliest days. It seems I was right.

This is not a criticism to the genuine supportive fans with common sense. But for those of you, that know who you are…… if the cap fits

For the record, I didn’t want John gone because he wouldn’t throw cash around Willy nilly, I wanted him gone, from very early on because it was clear he had intercourse all idea of how to run a club, zero ambition and zero investment…investment isn’t always about money. He was self obsessed, narcissistic and incompetent, surrounded by sycophants and acolytes that brought absolutely nothing to the table in terms of vision, ideas or drive.

Two relegations from the league, the breaking up of our best squad in years and an obsession for new stadium that never got off the back off a homosexual packet whilst wasting club money and the countless embarrassing moments…that’s why he should’ve gone. That’s why he did go…oh, and cosying up to a flipping criminal and thinking it’s ok…

That might do it…

Quoted from aldi_01

For the record, I didn’t want John gone because he wouldn’t throw cash around Willy nilly, I wanted him gone, from very early on because it was clear he had intercourse all idea of how to run a club, zero ambition and zero investment…investment isn’t always about money. He was self obsessed, narcissistic and incompetent, surrounded by sycophants and acolytes that brought absolutely nothing to the table in terms of vision, ideas or drive.

Two relegations from the league, the breaking up of our best squad in years and an obsession for new stadium that never got off the back off a homosexual packet whilst wasting club money and the countless embarrassing moments…that’s why he should’ve gone. That’s why he did go…oh, and cosying up to a flipping criminal and thinking it’s ok…

That might do it…

Yeah, but he only stole from financial institutes (which according to the previous Chairman is okay). He was almost like a modern day Robin Hood. He just hadn’t got around to the bit where he gave the money to the poor.

Quoted from GollyGTFC

Yeah, but he only stole from financial institutes (which according to the previous Chairman is okay). He was almost like a modern day Robin Hood. He just hadn’t got around to the bit where he gave the money to the poor.

Yes, that would be Philip Day, former solicitor who said words to the effect that it was only stealing from companies and therefore not that bad. Unbelievable! What sort of solicitor says things like that and who would work for someone with such low professional standards. Shocking!

Quoted from KingstonMariner

Yes, that would be Philip Day, former solicitor who said words to the effect that it was only stealing from companies and therefore not that bad. Unbelievable! What sort of solicitor says things like that and who would work for someone with such low professional standards. Shocking!

For me, that was the worst thing of the whole fiasco. It was very clear at that moment that the whole board had absolutely no moral compass and the lengths he went to in that interview to defend Fenty and May were nothing short of disgraceful. He got away with it very lightly in my opinion and I wasn't happy that he was being kept on when 1878 got the keys. Thankfully he was gone a few days later when we withdrew our appeal against relegation.

Can’t remember anyone saying everything was going to be perfect, but the near uniform consensus was that ANYTHING was better than having that appalling gobshíte Fenty still pulling the strings. And that has proven to be the case.

Who knows where we’d be if he wasn’t still pocketing vast sums of money from the club’s successes in the transfer market. Over a million quid in the last 12 months, is it? The man is universally loathed and will be until the end of time.

Quoted from ska face

Can’t remember anyone saying everything was going to be perfect, but the near uniform consensus was that ANYTHING was better than having that appalling gobshíte Fenty still pulling the strings. And that has proven to be the case.

Who knows where we’d be if he wasn’t still pocketing vast sums of money from the club’s successes in the transfer market. Over a million quid in the last 12 months, is it? The man is universally loathed and will be until the end of time.

Your DM is swiftly being written to refute those claims without the presentation of any evidence…

Quoted from ska face

Can’t remember anyone saying everything was going to be perfect, but the near uniform consensus was that ANYTHING was better than having that appalling gobshíte Fenty still pulling the strings. And that has proven to be the case.

Who knows where we’d be if he wasn’t still pocketing vast sums of money from the club’s successes in the transfer market. Over a million quid in the last 12 months, is it? The man is universally loathed and will be until the end of time.

I'm pleased he's pocketing the money. The sooner he's paid off, the better.

Quoted from MuddyWaters

I'm pleased he's pocketing the money. The sooner he's paid off, the better.

Yes, but he’s basically being paid for his failures. Plus he profited by £200k by getting those shares off the club.

It still sticks in the throat.

Quoted from aldi_01

Your DM is swiftly being written to refute those claims without the presentation of any evidence…

He can DM my balls

Quoted from ska face

He can DM my balls

... and there goes my daily gold star! *

*Maybe, I need to grow up...

Quoted from KingstonMariner

Yes, but he’s basically being paid for his failures. Plus he profited by £200k by getting those shares off the club.

It still sticks in the throat.

His profit will have been inflated away, though, won't it? In real terms, he'll have lost money from his loans which is always something to consider. He will be less wealthy due to his involvement with the club.

Strong-arming the trust to give him the shares was still very dodgy, of course, and other than a few hangers-on, I doubt anyone isn't pleased to see him gone.

Quoted from Maringer

His profit will have been inflated away, though, won't it? In real terms, he'll have lost money from his loans which is always something to consider. He will be less wealthy due to his involvement with the club.

Strong-arming the trust to give him the shares was still very dodgy, of course, and other than a few hangers-on, I doubt anyone isn't pleased to see him gone.

Dunno Maringer. Inflation (and interest rates) was very low in the years since he was given the shares. So only need to depreciate that £200k a bit.

Still a hefty reward for failure.

Quoted from KingstonMariner

Dunno Maringer. Inflation (and interest rates) was very low in the years since he was given the shares. So only need to depreciate that £200k a bit.

Still a hefty reward for failure.

Without doubt, I have a major issue with the stolen shares, but aren't we better off thinking about a better future than harping on about the past? It was a dirty trick that he pulled but it's gone, and so has he.

Quoted from MuddyWaters

Without doubt, I have a major issue with the stolen shares, but aren't we better off thinking about a better future than harping on about the past? It was a dirty trick that he pulled but it's gone, and so has he.

Well given that I don’t run the club my harping on about something that rankles doesn’t hold anything back.

In fact, I see it as valuable that we are reminded of it every so often, as a warning from the past. A bit like the the Commons shutting the door on Black Rod 😆