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Mike Parker - The Great Pretender

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SkegFan
February 16, 2012, 1:43pm
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Out of all of this discussion and share matter, the one thing that stands out to me is that Mike Parker was "The Great Pretender".

He arrived at our football club, putting in money and pretending that he really cared about the club. But when push came to shove, he ran a mile at the slightest sniff.

Quite frankly it shows me that Mike Parker wasn't committed to our club in the way in which he pretended to be. Whereas John Fenty is 1%million committed to the club.

I just can't believe that John Fenty is prepared to write out another cheque for £200,000 which he knows he is never going to see again by putting it into a lower league football club. That is unbelievable in this day and age. £200,000 is a massive amount of money to throw away. It's not as if we are a Man Utd where you know you are going to get a return on your investment. This is a payment being made out of love for the club in the knowledge that the chances of every recovering the money are next to chance.

It was said by many that Mike parker's wealth was far greater than John Fenty's. Well good for him, but that was never any good to us if he wasn't prepared to back us on an ongoing basis. I reckon Mike Parker decided to invest the money he did in the hope it was enough to get us back in the league, but that he never had any intention of ever investing any more. That is not the qualification needed to be a football club owner I am afraid Mr Parker. You soon got rid of your shares to the Supporters Trust as soon as the Shareholding Panel sussed you out started talking about having to take things further.

Well done Joh Fenty I say.
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siy2k5
February 16, 2012, 1:45pm
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It's impossible to be 1million % committed


Quoted from marinerian
If Newport win it b4 heir vist to BP, I will sit in The Osmond dressed as Little Bo-Peep for the match against them!  

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SkegFan
February 16, 2012, 1:46pm
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Quoted from siy2k5
It's impossible to be 1million % committed


You know very well what I mean.
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siy2k5
February 16, 2012, 1:48pm
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Quoted from SkegFan


You know very well what I mean.


Sorry just trying to lighten the mood. All this board room stuff is giving me a headache.


Quoted from marinerian
If Newport win it b4 heir vist to BP, I will sit in The Osmond dressed as Little Bo-Peep for the match against them!  

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LeightonMariner
February 16, 2012, 1:50pm
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Quoted from SkegFan
Out of all of this discussion and share matter, the one thing that stands out to me is that Mike Parker was "The Great Pretender".

He arrived at our football club, putting in money and pretending that he really cared about the club. But when push came to shove, he ran a mile at the slightest sniff.

Quite frankly it shows me that Mike Parker wasn't committed to our club in the way in which he pretended to be. Whereas John Fenty is 1%million committed to the club.

I just can't believe that John Fenty is prepared to write out another cheque for £200,000 which he knows he is never going to see again by putting it into a lower league football club. That is unbelievable in this day and age. £200,000 is a massive amount of money to throw away. It's not as if we are a Man Utd where you know you are going to get a return on your investment. This is a payment being made out of love for the club in the knowledge that the chances of every recovering the money are next to chance.

It was said by many that Mike parker's wealth was far greater than John Fenty's. Well good for him, but that was never any good to us if he wasn't prepared to back us on an ongoing basis. I reckon Mike Parker decided to invest the money he did in the hope it was enough to get us back in the league, but that he never had any intention of ever investing any more. That is not the qualification needed to be a football club owner I am afraid Mr Parker. You soon got rid of your shares to the Supporters Trust as soon as the Shareholding Panel sussed you out started talking about having to take things further.

Well done Joh Fenty I say.


Can you explain where the club would be without Mike Parkers million pounds?  Fair enough beat JR's drum if that's your view but don't ignore what MP's cash could have started.


When in doubt, start a conspiracy theory  
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Dan
February 16, 2012, 1:58pm

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Honest John must surely of frittered away most of the Fenty inheritance by now. The club is a financial black hole. I can think of far better things to do with the sums he's invested.


Quoted from John Fenty, April 2013
I deconstructed the flag to the point where it was safe and couldn’t be considered a danger
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SkegFan
February 16, 2012, 2:00pm
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Quoted from LeightonMariner


Can you explain where the club would be without Mike Parkers million pounds?  Fair enough beat JR's drum if that's your view but don't ignore what MP's cash could have started.


Err I think you will find that John Fenty was managing the club financially very well long before Mike Parker came along. Especially in the way he managed the HMRC debt that he inherited. Yes of course JF brought in MP to share the burden and so he should have, given all the prospects and benefits that Mike Parker was supposed to bring with him.

Yes of course his initial share purchase was good for the club as is anybody's money, be it investor, fan or visitor. But Mike Parker came into a club making bold statements about how he wanted to jointly assist with John Fenty in rebuilding our club. He spat his dummie out at the first sign he wasn't going to have it all his own way, as soon as there was a bit of boardroom conjecture. Frankly, Mike Parker has been useless as far as I am concerned. It smacks of shades of "Michael Knighton/Man Utd" to me.

Where is he now then? Why isn't he at games? Is he even a Town supporter at heart?

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Marinerz93
February 16, 2012, 2:02pm

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Did he stroke your hair as your head went backwards and forwards skegfan.

Worst WUM ever.


Supporting the Mighty Mariners for over 30 years, home town club is were the heart and soul is and it's great to be a part of it.

Jesus’ disciple Peter, picked up a fish to get the tribute money from it, Jesus left his thumb print on the fish, bless'ed is the Haddock.
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Quagmire
February 16, 2012, 2:04pm

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Quoted from Marinerz93
Did he stroke your hair as your head went backwards and forwards skegfan.

Worst WUM ever.


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arryarryarry
February 16, 2012, 2:10pm
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Quoted from SkegFan


Err I think you will find that John Fenty was managing the club financially very well long before Mike Parker came along. Especially in the way he managed the HMRC debt that he inherited. Yes of course JF brought in MP to share the burden and so he should have, given all the prospects and benefits that Mike Parker was supposed to bring with him.

Yes of course his initial share purchase was good for the club as is anybody's money, be it investor, fan or visitor. But Mike Parker came into a club making bold statements about how he wanted to jointly assist with John Fenty in rebuilding our club. He spat his dummie out at the first sign he wasn't going to have it all his own way, as soon as there was a bit of boardroom conjecture. Frankly, Mike Parker has been useless as far as I am concerned. It smacks of shades of "Michael Knighton/Man Utd" to me.

Where is he now then? Why isn't he at games? Is he even a Town supporter at heart?



By 'eck I never cease to be amazed by the clueless dicks on this site.

A few points that you have failed to answer, if Mike Parker wasn't committed to the club why has he effectively given AND NOT LOANED 1 million pounds to the club, secondly do you ever go to the away matches, how often do you see the other directors at the games and if they were that committed why haven't they given 1 million pounds to the club?

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forza ivano
February 16, 2012, 2:11pm

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Quoted from SkegFan


Err I think you will find that John Fenty was managing the club financially very well long before Mike Parker came along. Especially in the way he managed the HMRC debt that he inherited. Yes of course JF brought in MP to share the burden and so he should have, given all the prospects and benefits that Mike Parker was supposed to bring with him.

Yes of course his initial share purchase was good for the club as is anybody's money, be it investor, fan or visitor. But Mike Parker came into a club making bold statements about how he wanted to jointly assist with John Fenty in rebuilding our club. He spat his dummie out at the first sign he wasn't going to have it all his own way, as soon as there was a bit of boardroom conjecture. Frankly, Mike Parker has been useless as far as I am concerned. It smacks of shades of "Michael Knighton/Man Utd" to me.

Where is he now then? Why isn't he at games? Is he even a Town supporter at heart?



hi john! [IMG]http://i.imgur.com/7KiUc.gif[/IMG]
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SkegFan
February 16, 2012, 2:14pm
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Quoted from forza ivano


hi john! [IMG]http://i.imgur.com/7KiUc.gif[/IMG]


Not
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Marinerz93
February 16, 2012, 2:21pm

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Quagmire, did you picture it as well  


Supporting the Mighty Mariners for over 30 years, home town club is were the heart and soul is and it's great to be a part of it.

Jesus’ disciple Peter, picked up a fish to get the tribute money from it, Jesus left his thumb print on the fish, bless'ed is the Haddock.
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roundballovalhole
February 16, 2012, 2:30pm
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Someone tries to assainate the charachter of a man who GAVE gtfc a million quid, gave half his shares to the trust and walked away (because of health reasons i understand) Fenty engages in sharp practices, loans, manipulates and plays hardball and you cant stop rimming him. . . wtf?
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Quagmire
February 16, 2012, 2:32pm

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I'm trying not to 93!! I'm just about to have me dinner!!
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biggles9999
February 16, 2012, 2:52pm
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Quoted from 1054
Someone tries to assainate the charachter of a man who GAVE gtfc a million quid, gave half his shares to the trust and walked away (because of health reasons i understand) Fenty engages in sharp practices, loans, manipulates and plays hardball and you cant stop rimming him. . . wtf?


Im not going to get into a major debate about all this boardroom stuff for now as Im standing back and taking it all in first.

But the sextion in bold is something I highly doubt for various reasons, such as he has never said this. If this was the case then why has he never stated 'Health reasons mean I cannot continue' rather than coming out with all the spiel about other people on the board? In addition to which extra roles Mike Parker has taken on since leaving the GTFC board would indicate to me his health is fine.
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Marinerz93
February 16, 2012, 2:52pm

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Quoted from Quagmire
I'm trying not to 93!! I'm just about to have me dinner!!


I take it you'll be having some gentlemens relish with your main course and a healthy option of pineapple yoghurt for desert  


Supporting the Mighty Mariners for over 30 years, home town club is were the heart and soul is and it's great to be a part of it.

Jesus’ disciple Peter, picked up a fish to get the tribute money from it, Jesus left his thumb print on the fish, bless'ed is the Haddock.
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Garth
February 16, 2012, 3:03pm

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[quote=3905]Out of all of this discussion and share matter, the one thing that stands out to me is that Mike Parker was "The Great Pretender".He arrived at our football club, putting in money and pretending that he really cared about the club. But when push came to shove, he ran a mile at the slightest sniff.

Quite frankly it shows me that Mike Parker wasn't committed to our club in the way in which he pretended to be. Whereas John Fenty is 1%million committed to the club.

I just can't believe that John Fenty is prepared to write out another cheque for £200,000 which he knows he is never going to see again by putting it into a lower league football club. That is unbelievable in this day and age. £200,000 is a massive amount of money to throw away. It's not as if we are a Man Utd where you know you are going to get a return on your investment. This is a payment being made out of love for the club in the knowledge that the chances of every recovering the money are next to chance.


The Great Pretender in all this is you, if putting a million pounds into the club is pretending let have some more pretence please, MP had a change of mind for whatever reason as is his right but decided to leave his money within the club via the supporters and for this he should be thanked not reviled.
As for comparing him with JF they are different animals and we are lucky to have had one for a whle and the other for as long as possible

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sam gy
February 16, 2012, 3:13pm
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[img]http://www.austrianqueenfanclubvienna.at/queen/disco/soloalbums/covers/pretender.jpg[/img]

Would someone be so kind as to do a dodgy photoshop job with this, to include MP's name and face?


[img]https://scontent-lhr3-1.xx.fbcdn.net/hphotos-xla1/v/t1.0-9/12039761_10156639571185103_2884197968019429473_n.jpg?oh=184cac2706832a1b1dd4d6a0420a6f87&oe=574C5F4F[/img]
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Chris
February 16, 2012, 3:15pm
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Quoted from SkegFan
Out of all of this discussion and share matter, the one thing that stands out to me is that Mike Parker was "The Great Pretender".

He arrived at our football club, putting in money and pretending that he really cared about the club. But when push came to shove, he ran a mile at the slightest sniff.

Quite frankly it shows me that Mike Parker wasn't committed to our club in the way in which he pretended to be. Whereas John Fenty is 1%million committed to the club.

I just can't believe that John Fenty is prepared to write out another cheque for £200,000 which he knows he is never going to see again by putting it into a lower league football club. That is unbelievable in this day and age. £200,000 is a massive amount of money to throw away. It's not as if we are a Man Utd where you know you are going to get a return on your investment. This is a payment being made out of love for the club in the knowledge that the chances of every recovering the money are next to chance.

It was said by many that Mike parker's wealth was far greater than John Fenty's. Well good for him, but that was never any good to us if he wasn't prepared to back us on an ongoing basis. I reckon Mike Parker decided to invest the money he did in the hope it was enough to get us back in the league, but that he never had any intention of ever investing any more. That is not the qualification needed to be a football club owner I am afraid Mr Parker. You soon got rid of your shares to the Supporters Trust as soon as the Shareholding Panel sussed you out started talking about having to take things further.

Well done Joh Fenty I say.


Are you John Fenty's new user name?

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sonik
February 16, 2012, 3:22pm

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Quoted from Chris


Are you John Fenty's new user name?



Now now Chris!


The Futures Bright Its Black And White!
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Codswede
February 16, 2012, 3:27pm

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Someone puts effort and time to give their opinion and are shot down immediately by the minority, without argument... About right for this board.

Read it enough times, we're all GTFC fans together, apparently JF is a GTFC fan and apparently MP is a GTFC fan... We need all the money we can get at the minute, so do all football clubs, so unless someone else is willing to offer 200k, I don't see any option but to accept the offer and stick together and push the team to the playoffs.

Gimp fans and darlo fans would snap your hand off at an offer of 200k!


ATAW
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roundballovalhole
February 16, 2012, 3:30pm
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Quoted from sonik


Now now Chris!


Will take that as a 'maybe'
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nelly_gtfc
February 16, 2012, 3:39pm
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Mike Parker, did he give away all those shares to the Trust because of the takeover panel enquiry . . . . . . . . . . . . . . . . . . . . . . . . . . I know what I think.

Their was so much hope but then again so much disapointment regardless at the end of the day be thankful Mike Parker put money into the club, otherwise we would be an extra 1 million in the crap.

Hope some mental diehard Town fan wins the Euro Millions one day soon, live in hope.  
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realityman
February 16, 2012, 3:49pm
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what a bunch of muppetts!
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roundballovalhole
February 16, 2012, 3:49pm
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Quoted from 470
Mike Parker, did he give away all those shares to the Trust because of the takeover panel enquiry . . . . . . . . . . . . . . . . . . . . . . . . . . I know what I think.

Their was so much hope but then again so much disapointment regardless at the end of the day be thankful Mike Parker put money into the club, otherwise we would be an extra 1 million in the crap.

Hope some mental diehard Town fan wins the Euro Millions one day soon, live in hope.  


What do you think?
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Youngy
February 16, 2012, 4:04pm
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I still dont get what peoples major issue is, the facts are Fenty is willing to put £200,000 into the club in exchange for some shares that are ultimatly useless in the Trusts hand as they have no financial clout whatsoever, the Trust still have shares in the club and the club is sustained until at least mid 2013

Whatever your feelings on Fenty, I don't understand why we can't just take that as black and white and allow the transaction to happen smoothly so our short term future is secure?

This argument about Parker putting £1,000,000 of his own money in the club, great, respect that but the facts are he's gone now and not coming back anytime soon. Fenty (whilst I for one have questioned some of the god awful decisions he's made over the past few years) has put alot more money then that into the club over the past 10 years or so yet his motives are still questioned? I don't blame him for wanting majority shareholding if he's going to put his own money in, he's securing his spot, what good business man wouldn't do that?
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nelly_gtfc
February 16, 2012, 4:05pm
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Quoted from 1054


What do you think?
I think Mike Parker gave away all those shares to the Trust because of the takeover panel enquiry, but someone would have to ask Mike Parker, sounds to me he didnt want the commitment and if he really wanted control why didnt he just buy John Fenty totally out if they had a disagreement?

All in the past now, onwards and upwards - this season and next season financially secure - yes I will be one of many voting yes to the Trust passing over the shares to Fenty.  
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arryarryarry
February 16, 2012, 4:08pm
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Quoted from Codswede
Someone puts effort and time to give their opinion and are shot down immediately by the minority, without argument... About right for this board.




Basically because he has no facts to back up his statement and other comments he has made.

I asked him several questions that he has failed to answer.

The key facts are that Mike Parker has effectively given, not loaned the club 1 million pounds.

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Dan
February 16, 2012, 4:10pm

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Quoted from sam gy
[img]http://www.austrianqueenfanclubvienna.at/queen/disco/soloalbums/covers/pretender.jpg[/img]

Would someone be so kind as to do a dodgy photoshop job with this, to include MP's name and face?


[IMG]https://p.twimg.com/AlyYIrmCQAIOSZM.jpg[/IMG]


Quoted from John Fenty, April 2013
I deconstructed the flag to the point where it was safe and couldn’t be considered a danger
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sam gy
February 16, 2012, 4:20pm
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Thanks Dan.


[img]https://scontent-lhr3-1.xx.fbcdn.net/hphotos-xla1/v/t1.0-9/12039761_10156639571185103_2884197968019429473_n.jpg?oh=184cac2706832a1b1dd4d6a0420a6f87&oe=574C5F4F[/img]
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roundballovalhole
February 16, 2012, 4:44pm
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Quoted from sam gy
Thanks Dan.


Yeah thanks Dan for doing the worst photoshop picture ever.  It is completely in-keeping with the original post in that it bares absolutely zero relationship to reality.

Giving £1000,000 in hard cash. . . . how is that pretending?

Please explain it to me Sam (John's chief rimmer)
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Dan
February 16, 2012, 5:04pm

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Mate, I use MSPaint for my artwork.


Quoted from John Fenty, April 2013
I deconstructed the flag to the point where it was safe and couldn’t be considered a danger
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sam gy
February 16, 2012, 5:10pm
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Quoted from 1054

Yeah thanks Dan for doing the worst photoshop picture ever.  It is completely in-keeping with the original post in that it bares absolutely zero relationship to reality.

Giving £1000,000 in hard cash. . . . how is that pretending?


Erm...that was kind of...the point...


[img]https://scontent-lhr3-1.xx.fbcdn.net/hphotos-xla1/v/t1.0-9/12039761_10156639571185103_2884197968019429473_n.jpg?oh=184cac2706832a1b1dd4d6a0420a6f87&oe=574C5F4F[/img]
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roundballovalhole
February 16, 2012, 5:16pm
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Sarcasm is hard to detect in typed words
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Quagmire
February 16, 2012, 5:20pm

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Quoted Text


Please explain it to me Sam (John's chief rimmer)


Out of order RBOH - that is SkegFan's job  
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BlackBoots
February 16, 2012, 7:39pm
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Quoted from Youngy
I still dont get what peoples major issue is, the facts are Fenty is willing to put £200,000 into the club in exchange for some shares that are ultimatly useless in the Trusts hand as they have no financial clout whatsoever, the Trust still have shares in the club and the club is sustained until at least mid 2013

Whatever your feelings on Fenty, I don't understand why we can't just take that as black and white and allow the transaction to happen smoothly so our short term future is secure?

This argument about Parker putting £1,000,000 of his own money in the club, great, respect that but the facts are he's gone now and not coming back anytime soon. Fenty (whilst I for one have questioned some of the god awful decisions he's made over the past few years) has put alot more money then that into the club over the past 10 years or so yet his motives are still questioned? I don't blame him for wanting majority shareholding if he's going to put his own money in, he's securing his spot, what good business man wouldn't do that?


Great post Youngy
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Rob_in_Grimsby
February 16, 2012, 8:11pm
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Quoted from arryarryarry



Basically because he has no facts to back up his statement and other comments he has made.

I asked him several questions that he has failed to answer.

The key facts are that Mike Parker has effectively given, not loaned the club 1 million pounds.


Mike parker has not given the club anything, he bought 1million pounds worth of shares which if he had sold to anyone he would have got his money back. the fact is he gave 500k away ( his choice) and still holds 500k which if he could find someone to buy he would get his money back,
Like it or not his shares are an asset he can sell or give away and if he did sell only he NOT the club would benefit.

Everyone says JF's loans stop anyone buying the club but the same could be said for MP's shares because if someone wanted total control of the club they would have to buy them giving him his money back


moribus facit hominem
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Chris
February 16, 2012, 10:12pm
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Quoted from Rob_in_Grimsby


Mike parker has not given the club anything, he bought 1million pounds worth of shares which if he had sold to anyone he would have got his money back. the fact is he gave 500k away ( his choice) and still holds 500k which if he could find someone to buy he would get his money back,
Like it or not his shares are an asset he can sell or give away and if he did sell only he NOT the club would benefit.

Everyone says JF's loans stop anyone buying the club but the same could be said for MP's shares because if someone wanted total control of the club they would have to buy them giving him his money back


I don't think that's strictly true.

There are an unlimited number of shares available to buy in GTFC (this was made clear at the clubs AGM last year), which means an investor would just need to invest in a number of new shares.

Technically a takeover could happen without Fenty or Parker's shareholding being affected although their shareholding would of course be diluted by new shares being bought. This is effectively part of the proposal with JF. His purchase of 200,000 new shares will dilute the shareholding of both MP and the Trust without their shareholding being affected in terms of the number of shares they own.
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Rob_in_Grimsby
February 16, 2012, 10:30pm
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Chris
I see your point but I can not see an invester wanting to spend large amounts extra to dilute JF or MP's shares to get control  when it would be more cost efective just to buy them from MP or JF, As loans can not be paid back unless the club has good fortune and be in a good financial position to do so, with this in mind I can see why MP wanted shares instead as he has a better chance of getting his money back quicker.



moribus facit hominem
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ponnyfan
February 17, 2012, 8:24am
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Quoted from Dan
Honest John must surely of frittered away most of the Fenty inheritance by now. The club is a financial black hole. I can think of far better things to do with the sums he's invested.
I think you will find he grafted for his money - not inherited it, and I think you will probably find he probably hasn't invested £20 million from the sale of FSF into GTFC.


The Icenian Prediction League Winner 2011  .......the first Champion!
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Marinerz93
February 17, 2012, 8:47am

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Quoted from 470
I think Mike Parker gave away all those shares to the Trust because of the takeover panel enquiry, but someone would have to ask Mike Parker, sounds to me he didnt want the commitment and if he really wanted control why didnt he just buy John Fenty totally out if they had a disagreement?

All in the past now, onwards and upwards - this season and next season financially secure - yes I will be one of many voting yes to the Trust passing over the shares to Fenty.  


Who allowed MP to have more shares than JF, that didn't come out of the blue, it was engineered so that MP would be forced to buy JF out and his benign loan.

We'll never know if there are potential investors out there because not only would they have to buy JF's shares but also pay back £2 Million plus in benign loans.  It would be like buying a house valued at 200K when it's only worth 50K, you don't have to be a businessman to weight that up.  Until that benign loan is paid back or absorbed as shares (which will never happen) it will hang around the clubs neck like a millstone.


Supporting the Mighty Mariners for over 30 years, home town club is were the heart and soul is and it's great to be a part of it.

Jesus’ disciple Peter, picked up a fish to get the tribute money from it, Jesus left his thumb print on the fish, bless'ed is the Haddock.
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arryarryarry
February 17, 2012, 9:30am
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Quoted from Rob_in_Grimsby
Chris
I see your point but I can not see an invester wanting to spend large amounts extra to dilute JF or MP's shares to get control  when it would be more cost efective just to buy them from MP or JF, As loans can not be paid back unless the club has good fortune and be in a good financial position to do so, with this in mind I can see why MP wanted shares instead as he has a better chance of getting his money back quicker.



I don't think that is true, if the club were to fold tomorrow then the first in line for any pay out would be those with secured loans and I doubt JF would have not had his loans secured.

Secondly if that happened then the shareholders would lose all.

Do you really think that anyone who has shares is ever likely to see their money back?
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mariner91
February 17, 2012, 10:50am
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Quoted from 470
Mike Parker, did he give away all those shares to the Trust because of the takeover panel enquiry . . . . . . . . . . . . . . . . . . . . . . . . . . I know what I think.

Their was so much hope but then again so much disapointment regardless at the end of the day be thankful Mike Parker put money into the club, otherwise we would be an extra 1 million in the crap.

Hope some mental diehard Town fan wins the Euro Millions one day soon, live in hope.  


I enter every week saying to myself if I win I'd spunk most of it on Town but so far the most I've won is a fiver and that was only once .
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LeightonMariner
February 17, 2012, 10:58am
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Quoted from Rob_in_Grimsby


Mike parker has not given the club anything, he bought 1million pounds worth of shares which if he had sold to anyone he would have got his money back. the fact is he gave 500k away ( his choice) and still holds 500k which if he could find someone to buy he would get his money back,
Like it or not his shares are an asset he can sell or give away and if he did sell only he NOT the club would benefit.

Everyone says JF's loans stop anyone buying the club but the same could be said for MP's shares because if someone wanted total control of the club they would have to buy them giving him his money back


Really?  So if the shares have a value of £1 each why doesn't JF buy from the Trust instead of getting them on a wing and a prayer?  The only value of shares in GTFC at this moment in time are as a bargaining/voting tool, it's incredibly naive in my view for the Trust to relinquish some of theirs (ours) when at this moment in time there is absolutely no need to.  I would suggest that JF is using the feelgood factor around the place, interjected with reminders of the bad old days, to (strong word here) manipulate the supporters.


When in doubt, start a conspiracy theory  
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arryarryarry
February 17, 2012, 11:24am
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[quote=161]

Mike parker has not given the club anything, he bought 1million pounds worth of shares which if he had sold to anyone he would have got his money back. the fact is he gave 500k away ( his choice) and still holds 500k which if he could find someone to buy he would get his money back,
Like it or not his shares are an asset he can sell or give away and if he did sell only he NOT the club would benefit.

Everyone says JF's loans stop anyone buying the club but the same could be said for MP's shares because if someone wanted total control of the club they would have to buy them giving him his money back [/quote]


Again I don't know if you are correct in making that statement, as far as I know if someone wanted to come in and take over the club they would have to make an offer for the shares, there is no guarantee that the offer will be for the shares full price that they were bought for.
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Marinerz93
February 17, 2012, 12:02pm

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Quoted from arryarryarry
[quote=161]

Mike parker has not given the club anything, he bought 1million pounds worth of shares which if he had sold to anyone he would have got his money back. the fact is he gave 500k away ( his choice) and still holds 500k which if he could find someone to buy he would get his money back,
Like it or not his shares are an asset he can sell or give away and if he did sell only he NOT the club would benefit.

Everyone says JF's loans stop anyone buying the club but the same could be said for MP's shares because if someone wanted total control of the club they would have to buy them giving him his money back [/quote]


Again I don't know if you are correct in making that statement, as far as I know if someone wanted to come in and take over the club they would have to make an offer for the shares, there is no guarantee that the offer will be for the shares full price that they were bought for.


The problem arises when you get someone who will buy all shares but not any loans against the club.  Why would any one pay over the odds for assets.



Supporting the Mighty Mariners for over 30 years, home town club is were the heart and soul is and it's great to be a part of it.

Jesus’ disciple Peter, picked up a fish to get the tribute money from it, Jesus left his thumb print on the fish, bless'ed is the Haddock.
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excusebeef
February 17, 2012, 1:07pm
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sometimes i really want JF to say sod you lot of ungreatful arses i'm pulling out. We would probably never have a club then.
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Sixpence
February 17, 2012, 1:27pm
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Quoted from excusebeef
sometimes i really want JF to say sod you lot of ungreatful arses i'm pulling out. We would probably never have a club then.


WHS.
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pleasegoup
February 17, 2012, 6:30pm
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i dont understand why people keep assuming fenty has some ulterior motive.

you can question some of the decisions made over the past 5-10 years, but it is blatantly obvious that whatever fenty has done, has been with the good of gtfc at heart.  things might not have gone well over that time, but it hasnt been for want of money or effort.

he knows he will never get his money back from gtfc, unless some billionaire decides to buy town instead of tottenham.  he has stated repeatedly that he will only ask for the loans to be repaid, if the club can afford to repay them.

i would be willing to bet, that if some fairly rich man came into town, willing to take over fentys commitment to the club, that he would sell his shares for £1 just to be shot of the millstone round his wallet.
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