Fenty Resigns!!!

Quoted from pontoonlew

With all respect, how many games have you been to this season? Because that seems like the sort of thing somebody who is just looking at results says about a start like this, we have put in good performances in the past few home games which eclipsed the opening few games so it has improved. However if you have been to a fair few games then if what you have seen has been 'poor' then I guess thats your opinion. The central midfield has drastically improved from day one, the defence is improving, the goalkeeper is a completely better player but up top we obviously miss Connell but i'd say the signs are better.

Quoted from pontoonlew

With all respect, how many games have you been to this season? Because that seems like the sort of thing somebody who is just looking at results says about a start like this, we have put in good performances in the past few home games which eclipsed the opening few games so it has improved. However if you have been to a fair few games then if what you have seen has been 'poor' then I guess thats your opinion. The central midfield has drastically improved from day one, the defence is improving, the goalkeeper is a completely better player but up top we obviously miss Connell but i'd say the signs are better.

Quoted from petethemariner

A very sensible and reasoned post if you d'ont mind me saying Geir, there has clearly been a battle between the two since Parkers resignation, Fenty has put a sizeable amount into the club and clearly feels
because of that he cannot match MP's investment in shares, as you shrewdly say, its now up to Parker to put up or shut up,  personally i hope he puts up, but only time will tell,we can only hope that perhaps he and a so far mythical co-investor will turn this club round.
IMO I reckon there are more rounds in this fight to be fought, i just hope that the blood isn't so bad that
JF demands his  loans back from the club,  should that happen it would be very,very dangerous for our future.

Quoted from headingly_mariner

I have missed Newport and Fgr. How many have you been to?
Disley has improved the midfield, Artus is good one minute anonymous the next, i like church from what i have seen of him but its to early to judge. The goalie is good as is Hearn, but the rest are weak and we are a long way off. I hope the two can sort it but we are short of the quality we had last season even if the effort is better.

Quoted from Meza

How much did MP parker sell Blue crest for....i'm sure my dad said it was a hell of a lot (he use to work for MP).  If MP is still involved with Youngs then this could be the start of something good.  

Young's Seafood Ltd. is a British producer and distributor of frozen, fresh, and chilled seafood, supplying approximately 40% of all the fish eaten in the United Kingdom every year. It is headquartered in Grimsby, England.

The company as it is today was formed through the merger of Young's and Bluecrest in 1999. It is privately-owned by venture capital concern Lion Capital LLP who purchased the parent company Foodvest (part of CapVest) in July, 2008. It is a major player in the European seafood industry and also owner of sister company, Findus AB, based in Malmö, Sweden.

Market areasMost of the group's sales are of its Young's brand of frozen and chilled fish, shrimp, and shellfish. The company is also the owner of Macrae in Scotland.

The Young's Foodservice subsidiary focuses on the restaurant and catering industry whilst Polarfrost Seafoods specializes in fish frozen at sea.

Sister business, The Seafood Company, now specialises in chilled fish for UK retailers own label.

[edit] HistoryPrior to the merger with Bluecrest, Young's itself had been the result of a number of takeovers and management buyouts.

[edit] Early HistoryThe 1805 foundation of Young's is based on that being the year when one Elizabeth Martha began selling fish on the Greenwich quays. In 1811, Martha married William Timothy Young, a member of a fishing family based on the River Thames since the mid-18th century, thus combining their fishing and selling businesses. The business prospered and later moved downriver to Leigh-on-Sea.

By the end of the 19th century the business, under William Joseph Young, had become a prominent fish merchanting and wholesaling company, operating its own fleet of small boats primarily for fishing whitebait and shrimp. In 1890, the company moved its headquarters to London to begin supply the city's catering market - a move boosted after 1895 when a railway connecting Leigh-on-Sea to London was built, enabling the morning catch to arrive in the city before lunchtime.

Young's expanded throughout the 1920s, becoming one of the first companies in England to import salmon and debuting the company's most successful product, potted shrimp.

The next generation of the Young family - brothers Gordon, Stanley, Douglas, and Malcolm - took over in the late 1930s and set up a new subsidiary for its wholesaling business. Another subsidiary added dockside purchasing and processing operations in Grimsby, which later emerged as the United Kingdom's (and for a time, the world's) busiest fishing port. By the 1950s, the company had built five production facilities for its potted shrimp production.

[edit] Takeovers by the Ross Group and Imperial Tobacco1959 marked the end of Young's independence, after the company was purchased by the larger Ross Group. Young's, however, maintained its own operations, and especially its nationally known brand name, and members of the Young family remained in charge of the company's direction.

Ross's and Young's frozen foods operations grew strongly through the 1960s. A new network of distribution depots was set up, and a number of wholesalers throughout the country were acquired. By the middle of the decade the group's share of the UK's frozen food sector topped 5 percent in the retail channel, and as much as 13 percent in the catering market.

The Ross Group's trawling operations, however, were losing money throughout the decade and, in 1969, the group agreed to be acquired by Imperial Tobacco - as part of which process Ross's trawling business was spun off into British United Trawlers. Ross was renamed Imperial Foods (a division of the newly renamed Imperial Group) but both the Ross and Young's names survived as independently operating divisions of the new company.

As part of Imperial, Young's invested to expand capacity and developed a new centralized distribution system. By the middle of the 1970s, Young's sales had more than doubled, topping £23 million in 1974, and the company was operating 18 factories.

[edit] The Hanson and United Biscuits ErasBy the mid-1980s, however, Imperial was caught in an era of hostile takeovers, becoming the target of a number of companies including United Biscuits Plc (UB). UB lost out to fast-growing conglomerate Hanson in its attempt to acquire Imperial, but Hanson was interested only in Imperial's tobacco holdings and sold Ross Young's to UB in 1988. Under UB's ownership, Young's was redeveloped as a standalone division. However, by the late 1990s, UB was restructuring its business to focus on core brands. In 1999 it decided to sell Young's to a management buyout backed by Legal & General Ventures (LGV).

[edit] BluecrestBluecrest, founded in 1975 by Frank Flear, was a British manufacturer and processor of fish products based in Grimsby, England, UK. It was acquired by Fitch Lovell in 1985 and in 1990 it was sold to Booker Plc, which also had acquired the Ross fish division from Hanson. The two companies were merged to form Booker's Fish Division. In 1999 Booker sold Bluecrest to a management buyout of rival Young's Seafood, backed by Legal & General Ventures (LGV).[1]

Once combined with LGV's other UK seafood group the newly created Young's Bluecrest became the UK's leading specialist fish business.

[edit] Buyouts & AcquisitionsIn 2000, Young's Bluecrest relaunched the Young's branded products and invested in increased production capacity. By then turning over more than £320 million, the company also began an expansion strategy, designed to consolidate the British fish sector.

LGV, however, declined to back this expansion, and instead, in 2002, sold Young's Bluecrest to a new management buyout, this time backed by CapVest. The newly-capitalised company made its first acquisition (of the chilled seafood division of Albert Fisher, based in Newcastle), in June 2003. Purchases of the Pinegain Group and its Marr Foods division followed in October 2003; and Young's bought a 34 percent stake in Macrae Food Group, the largest dedicated producer of ready-to-eat seafood in Scotland in September 2004. Expansion and refurbishment of its Humber, Grimsby and Edinburgh operations followed during 2005 and 2006.

[edit] The Company TodayThe acquisition of the UK-based Findus operations from EQT Partners in January 2006 boosted Young's total sales to an estimated £1 billion ($1.7 billion), confirming the company's position as the leader in the UK frozen fish sector, having surpassed rivals Bird's Eye, owned by Permira.

[edit] SponsorshipYoung's is the official club sponsor of Grimsby Town Football Club, with the company logo present on all Grimsby football strips now since the final home match of the 2003-2004 football season. For the 2004-2005 season, the clubs yellow away strip had the product logo for Youngs Mariners Pie, to tie in with Grimsby Town's club nickname "The Mariners".

Quoted from Dan

Who's the dude who's taking interim charge?