E-Mail from the Trust

If the above is true. . . then fenty has played the trust like a cheap fiddle! How is fenty (who lets not forget is NOT) our current chairman negotiate thatwhen that other guy has been in charge. I dont really see how an unappointed supporters trust and a former chairman make decisions about the playing staff! Whilst Fenty's chairmanship of the club has been debated ad nauseum on here . . . No one can deny he  is one hell of a good businessman!

I should have made my views a little clearer. What I meant to say was that if people want their opinions or ideas to be put forward to the club then they should join the trust. I am not yet a member of the trust, thankyou very much, my membership is pending. However, I did not intend to offend or ostracize anyone.  

Quoted from headingly_mariner

Absolutely unbelievable that the trust would consider giving any shares to Fenty. The trust board have clearly been bamboozled into this and have shown how painfully weak they are. The club have finally started to go well and Fenty and the trust have found a way to divide the fans and fucck the progress up.

Started to go well on the pitch but up until the big burst of money from the Bennett fee (which Fenty engineered) absolutely plunged off it. After seeing what happened to those who cannot be named in our league, what do you suggest? intercourse the progress up? What progress is that exactly, losing 900k a year and now having nobody to plug that gap? That's brilliant progress! You in particular are blind to the facts in your hate of Fenty. If the trust doesn't accept this the club will be 200k worse off and would be without our best player due to HAVING to sell. But hey ho, we're making good progress according to Headingly so intercourse Fenty and his club saving money!

What does grind my gears is why the trust see that £10 makes it some sort of gentleman's club and won't relay vital information regarding the club onto the fan's who don't pay the £10. When was the trust actually going to come out and make this info public exactly?

Ok I got home, read the letter, voted yes and posted the letter back.

Quoted from pontoonlew

... until the big burst of money from the Bennett fee (which Fenty engineered)

Engineered???  Don't make me laugh!

It's pretty basic, standard operating procedure to have a sell-on clause when clubs sell a young player on.  It's hardly some genius idea that Fenty came out with and nobody has ever done this in the past.

If anyone deserves credit for the Bennett money it is Ferguson and Fry at Posh for advancing him way beyond what GTFC could have done.

Quoted from SkegFan

Ok I got home, read the letter, voted yes and posted the letter back.

SAME HERE

Quoted from Wrawby_Mariner

This is My view and not the view of the Trusts.

If the Trust did not give up the voting rights to 200,000 shares then Liam Hearn would have been sold. If Hearn was sold then the Trust would have have received the blame and effectively killed the Trust. Since The Trust have pledged the voting rights to shares in favour of Mr Fenty, but the Trust still own the shares. Fenty is asking for the ownership of the shares the Trust gave him the voting rights to. In return he will invest a further 200k etc

Was there a ballot on the trust giving up voting rights on the 200,000 shares or was it an executive decision taken by the trust board?

Wow!

Just read the letter. Had to do so twice to follow it!

Seems the guys and gals on the Trust board have been through the mill sorting this out!

The letter is balanced and well written. My view is that the club/JF have held a gun to the head of the Trust. They, and us members, really don't have a choice as far as I can see.

If there are other businessmen/investors willing to put up significant amounts of cash to buy Fenty out they would have shown their hand by now. They haven't so for me this is a no brainer.

Its a Yes from me

Quoted from pontoonlew

Started to go well on the pitch but up until the big burst of money from the Bennett fee (which Fenty engineered) absolutely plunged off it. After seeing what happened to those who cannot be named in our league, what do you suggest? intercourse the progress up? What progress is that exactly, losing 900k a year and now having nobody to plug that gap? That's brilliant progress! You in particular are blind to the facts in your hate of Fenty. If the trust doesn't accept this the club will be 200k worse off and would be without our best player due to HAVING to sell. But hey ho, we're making good progress according to Headingly so intercourse Fenty and his club saving money!

What does grind my gears is why the trust see that £10 makes it some sort of gentleman's club and won't relay vital information regarding the club onto the fan's who don't pay the £10. When was the trust actually going to come out and make this info public exactly?

The point is that if what is said is true then Fenty has been able to hold the trust to ransom to get free shares. Fenty has caused or financial woes and is the worst chairman in our history and now he wants the fans to give him 200k worth of shares, it is unbelievable. I don't hate Fenty i just think he has been a poison for the club. The club is in his stranglehold already because of the loans and people who have been willing to take the club on have been put off doing this because of these loans.

Quoted from voice of reason

Was there a ballot on the trust giving up voting rights on the 200,000 shares or was it an executive decision taken by the trust board?

Given how long it would have taken would have taken us past the transfer window and Hearn would have been sold