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E-Mail from the Trust

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Rodley Mariner
February 15, 2012, 9:06am
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I've received an e-mail this morning, as I'm sure other Trust members have, informing me that a postal ballot re the Trust has been sent to me. Does anybody know what the ballot is? I'm guessing at 'Should we give Honest John (Con) our shares, otherwise he won't fund the club any longer?'
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STB
February 15, 2012, 9:21am

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I don't know what it is but I'll be happy to make something up.

The ballot: Is Scott=Sir Alex


Former lover of all things GTFC . . .
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biggles9999
February 15, 2012, 9:26am
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Quoted from STB
I don't know what it is but I'll be happy to make something up.

The ballot: Is Scott=Sir Alex


Does this mean we have dropped the Scott love in to a lower and more realistic level  
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mariner91
February 15, 2012, 9:30am
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Quoted from biggles9999


Does this mean we have dropped the Scott love in to a lower and more realistic level  


Controversial from the Liverpool fan .
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WOZOFGRIMSBY
February 15, 2012, 9:49am

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i thought it was to see if thanoj should play for albania.
either that or should we start another thread on darlington


Rose is on fire

And your scotch eggs are fu(king vile
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davmariner
February 15, 2012, 10:26am
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An interesting idea IMHO would be if the trust offered Fenty the £500,000 worth of shares in exchange for 2 places on the board? Any thoughts?


Up The Mariners!
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Rodley Mariner
February 15, 2012, 10:32am
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Quoted from davmariner
An interesting idea IMHO would be if the trust offered Fenty the £500,000 worth of shares in exchange for 2 places on the board? Any thoughts?


Not sure he'll want to give up 2 places but it seems like the sort of compromise that might be needed. It has to be a good thing for everybody, including John Fenty, to have the fans a more integral, connected, motivated and positive influence within the club doesn't it?
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OptimisticMariner
February 15, 2012, 10:44am
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Fenty should BUY the shares from the Trust, IMO.  It would give the Trust a "war chest", and help them achieve their aims.

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Quagmire
February 15, 2012, 10:45am

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I asked the same question on the Trust forum/board on here but as yet no reply - would be nice if the Trust could explain what the vote is about and then open up some kind of debate about it on here.

My fear is that it will be a give / sell the shares to Fenty vote and this will be passed.

If he wants control back in the boardroom then either convert his loans to shares or have a Trust member on the GTFC board.

Hopefully someone from the Trust will clarify what we are to vote on.
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Quagmire
February 15, 2012, 10:51am

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Quoted from OptimisticMariner
Fenty should BUY the shares from the Trust, IMO.  It would give the Trust a "war chest", and help them achieve their aims.



Disagree.

What would the Trust do with the money?

There wouldn't really be an option other than putting that cash into the club.

GTFC and hopefully the Trust will continue long after John Fenty. By keeping the current block of shares the Trust have a relatively strong hand in deciding how the club moves forward and could block any moves that are not in the best interests of the club.

They must continue to hold these shares in order to safeguard and protect the future of GTFC for future generations.
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