john fenty re elected to board.

MP is not a well man at the moment so ive heard and i would imagine the last thing on his mind is the stress of running a football club?

Is anyone actually surprised by this??? It's been on the cards since this whole shambles started.

Yes John, I thank you for your money but I can't help but think buggerall has and will change. Poor boardroom decisions will be made and the team is still pretty poor so we are still where we were weeks ago.

Hey ho though, we're still the cup...

This is a great moment, but only because Fenty hasn't returned as chairman.

It still feels like he is playing some kind of politicians game. He has had in excess of a month to consider his position and the position of others and decide how he is going to present himself at this AGM.  So why is he 'unsure' about whether he wants the role of chairman? His comments seem vague and, in my mind, continue to leave the club in limbo.

There is nothing surprising about today and the boardroom games continue.  Not good for anyone.

The other two Directors were invited to speak;

John Elsom said he is now 72 years of age and never expected to be in position of one of only 3 directors. He joined as a non executive director ( i think we all know this was to safeguard his position on the FA Council or other such body). He has thus far put in £75k and cannot put in anymore. His income is limited he told the shareholders. He also said at present he couldnt resign because that would leave the club without a quorum.

Mike Chapman owns 500 shares. He firmly declined the invitation to speak.

The board really do need some help. They want investment, i understand that, but I feel they also need some new faces with ideas and drive to share the load. JF is reluctant to give others a say unless they help with the financial burden. That isnt an unreasonable stance perhaps but the club needs people to help out the club in whatever way.

JF did say negotiations had been entered into with a group who would take over JF's shares and inject £5-10m into the club. When the club asked for some evidence of funds the investors disappeared!!!

Sad day for the club and no light at then end of the tunnel.

Drop the debt! Fenty out

Quoted from headingly_mariner

Sad day for the club and no light at then end of the tunnel.

Drop the debt! Fenty out

Grow up for crying out loud.  If you was a shareholder and able to attend you would see that this football club of ours need John to be involved. I and many thank him for that. Another thread twisted to slate him!  Why would he want to be Chairman again? Give credit where it's due and not continually bang on with your negative slant on things.  Sad day for the club my backside!  UTM!

Quoted from sonik

Grow up for crying out loud.  If you was a shareholder and able to attend you would see that this football club of ours need John to be involved. I and many thank him for that. Another thread twisted to slate him!  Why would he want to be Chairman again? Give credit where it's due and not continually bang on with your negative slant on things.  Sad day for the club my backside!  UTM!

Yes, the club needs your brother, if only for the cash. What the club needs is a proper, thought-out, reasoned business plan. Not written on the back of  a postage stamp, not a series of knee-jerk reactions - a sensible, achievable, costed & budgeted plan that can be adhered to.

Quoted from sonik

Grow up for crying out loud.  If you was a shareholder and able to attend you would see that this football club of ours need John to be involved. I and many thank him for that. Another thread twisted to slate him!  Why would he want to be Chairman again? Give credit where it's due and not continually bang on with your negative slant on things.  Sad day for the club my backside!  UTM!

ive been told parker has just had a pacemaker fitted and the whole episode has made him very ill so we certainly do need your brothers money to keep afloat

Quoted from MuddyWaters

Yes, the club needs your brother, if only for the cash. What the club needs is a proper, thought-out, reasoned business plan. Not written on the back of  a postage stamp, not a series of knee-jerk reactions - a sensible, achievable, costed & budgeted plan that can be adhered to.

Sorry Old Codger.  This question was asked and explained very well IMHO.  The whole of the AGM will be on Mariners Player soon so you will be able to judge for yourself if more than a postage stamp was required or used!

Quoted from sonik

Grow up for crying out loud.  If you was a shareholder and able to attend you would see that this football club of ours need John to be involved. I and many thank him for that. Another thread twisted to slate him!  Why would he want to be Chairman again? Give credit where it's due and not continually bang on with your negative slant on things.  Sad day for the club my backside!  UTM!

No it hasn't, people have just expressed opposing views about the thread's topic.

Disagree. Fine. But you are the one twisting the thread and starting to become abusive.  John wouldn't be happy.