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Trust board member and Burns interview

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TWAreaTownSupporter
February 28, 2012, 12:46am
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Quoted from gtfc98


Exactly the reason why I won't be joining your trust. It's the mentality that a few of u have that you have some higher authority just because you paid 15 quid to jump on the bandwagon and chase 5mins of glory that makes a lot of people want nothing to do with it.


Now that is just silly. Some people have been members for years and have never seen an ounce of glory or authority. And as sure as eggs are eggs, there has not even been a hint of a wagon (band or not) to jump on.
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TWAreaTownSupporter
February 28, 2012, 12:50am
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Quoted from Wrawby_Mariner


I know what your saying but it is not up to the board to make the decision but the membership. If the membership say no then its the boards duty to act on behalf of the membership and the same if the answer was yes.

Your issues with the Trust aside, how would the club be funded beyond the end of the season if Mr Fenty had decided he no longer wanted to 'invest'? I'm not having a go or anything, just asking what you think.


Maybe the best thing to do is to run the club on a sound financial basis?  I know that might mean a non-competitive budget but .......

* Assuming we don't want to do a Darlo/Pompey/Rovrum/name any other repeat offender you care to name  
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TWAreaTownSupporter
February 28, 2012, 12:51am
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Quoted from MuddyWaters


Probably got about the same amount of hair....


But are you as, erm, blessed in the waistline?

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Chris
February 28, 2012, 12:22pm
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Chris, well if it wasn't then why this recommendation - I mean it's hardly a good deal is it? (Don't say it's not a recommendation - why put something before the members if the board doesn't support it?)

The timing of it - with the transferring of the voting rights at the height of the transfer window etc - suggests it very much was a "shares or Hearn" type situation.


My understanding was that this wasnt about Hearn as such but it was about the fact that the club would have run out of cash in less than 3 weeks without further investment from someone, in this case the only person willing and able to do so being Mr Fenty.

As Fenty himself has stated publicly, it was the tranfer of voting rights to the chair of any meeting (N.B NOT JF personally) that gave him the confidence to put further funds in, thus securing the immediate cash flow problems faced by the club. Without this, we would be in the mire right now.

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MuddyWaters
February 28, 2012, 5:26pm
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Quoted from Chris


My understanding was that this wasnt about Hearn as such but it was about the fact that the club would have run out of cash in less than 3 weeks without further investment from someone, in this case the only person willing and able to do so being Mr Fenty.

As Fenty himself has stated publicly, it was the tranfer of voting rights to the chair of any meeting (N.B NOT JF personally) that gave him the confidence to put further funds in, thus securing the immediate cash flow problems faced by the club. Without this, we would be in the mire right now.



I suggest you look at last year's accounts again if you think that we are out of the mire.
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TWAreaTownSupporter
February 28, 2012, 6:52pm
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Quoted from Chris


My understanding was that this wasnt about Hearn as such but it was about the fact that the club would have run out of cash in less than 3 weeks without further investment from someone, in this case the only person willing and able to do so being Mr Fenty.

As Fenty himself has stated publicly, it was the tranfer of voting rights to the chair of any meeting (N.B NOT JF personally) that gave him the confidence to put further funds in, thus securing the immediate cash flow problems faced by the club. Without this, we would be in the mire right now.



But was this new money that JF put in or just the fulfiment of what he'd previously promised?

And regardless of whether JF benefitted personally or "the chair of any meeting" it is still a "shares or Hearn" deal.
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MuddyWaters
February 28, 2012, 6:55pm
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But was this new money that JF put in or just the fulfiment of what he'd previously promised?

And regardless of whether JF benefitted personally or "the chair of any meeting" it is still a "shares or Hearn" deal.


Just seems another episode in the series of gentle persuasions that Mr Fenty is wheeling out.
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Denby
February 28, 2012, 7:13pm

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we all know that they'll never be a different chairman until those loans are dramatically reduced
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80sglory
February 28, 2012, 8:47pm
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Quoted from Chris
further funds in, thus securing the immediate cash flow problems faced by the club.

Talk about oxymoron !


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Chris
February 28, 2012, 8:52pm
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Quoted from 1600

Talk about oxymoron !



Do you have extremely large ears, have grey skin and a mouse as your best friend?

I'll put it another way. If Fenty hadn't have put more money in, there wouldn't have been wages for the players in February. This was also the case in December.

Fenty put this money in because the Trust Board had shown the capacity to negotiate a way forward to Mr Fenty and the GTFC board.

Call our capabilities into question all you like but these are facts and Mr Fenty himself will confirm this.
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