Mariners Trust - Seat on GTFC Board

Quoted from Coley Surfer

Who has actually made this offer to the Trust? John Fenty is not in a position to offer a seat on the board is he? as he himself is only a board member and not Chairman. Surely any new board members have to be approved by the shareholders at an AGM or EGM. What is a non-executive position? Is anything the Trust suggest to be thrown out by the rest of the board using what used to be the Trusts shares against them.

Although I would love to see the Trust have a proper seat on the board, I just see this as an attempt to sway the upcoming vote, and even with the Trust sitting in at board meetings etc. they will still actually be powerless to influence anything.

The person representing the Truss on the board of GTFC will have no power or voice whatsover (but could be useful looking after the coats, making the tea and sharpening the pencils as Fenty sniggers at how easy it was to get £200,000 worth of free shares)

Quoted from Ipswin

The person representing the Truss on the board of GTFC will have no power or voice whatsover (but could be useful looking after the coats, making the tea and sharpening the pencils as Fenty sniggers at how easy it was to get £200,000 worth of free shares)

I sort of knew that Swin. I just wanted some sort of clarification. Then again if you realised who I was then you'd have known that already.

Quoted from Ipswin

The person representing the Truss on the board of GTFC will have no power or voice whatsover (but could be useful looking after the coats, making the tea and sharpening the pencils as Fenty sniggers at how easy it was to get £200,000 worth of free shares)

Okay, can you tell me what the trust can do better with 200k that Fenty can't do with 400k? If it's really about the benifit of the club and not about your views on Fenty on a personal level I'm sure you'll have a good answer.

Quoted from Ipswin

The person representing the Truss on the board of GTFC will have no power or voice whatsover (but could be useful looking after the coats, making the tea and sharpening the pencils as Fenty sniggers at how easy it was to get £200,000 worth of free shares)

FFS

How boringly predictable. Ipswin in Slate Everything Shocker.

What is it exactly you'd suggest moving forward Ipswin?  Is there any good to come out of a Trust? Come on mate.  What's your big idea?

Or is just you need to face facts that you'll NEVER be happy?

Presumably you're not a Trust member - it must be soooooo frustrating watching from the sidelines while they "screw it all up."

Next time get involved so your opinions actually count for something, rather than shouting from the sidelines.

For the record, I saw more people on here saying they'd vote yes than no, people claiming otherwise are being very biased and selective.

I think a seat on the board is fantastic. Every trust across the country has this type of aim and we may just be on the cusp of achieving it. Yes, it may well be in exchange for £200k of share (which the trust did not pay for) but someone on the board can act as a voice for the fans which should, in turn, encourage more people to join the trust. This will increase funds and allow the trust to attempt more ambitious ways of helping the club. No, the board representative won't have a major iinfluence on the finance, players etc but their voice will be direct link between the fans and club which will no doubt be useful in resolving (or trying to) issues regarding catering, club promotion schemes, communication etc. It can only be positive step.

Quoted from FFS

FFS

How boringly predictable. Ipswin in Slate Everything Shocker.

What is it exactly you'd suggest moving forward Ipswin?  Is there any good to come out of a Trust? Come on mate.  What's your big idea?

Or is just you need to face facts that you'll NEVER be happy?

Presumably you're not a Trust member - it must be soooooo frustrating watching from the sidelines while they "screw it all up."

Next time get involved so your opinions actually count for something, rather than shouting from the sidelines.

It's not a case of 'slating everything'

If you can't see

a) that this 11th hour announcement of a place on the board of GTFC is purely designed to ensure the Trust members vote 'yes' and
b) that whoever represents the Trust on the board will be there as a token representative with no power to influence things

then I just hope you haven't had a vote.

The Trust? What can it achieve? Quite honestly not a lot with Fenty having such a powerful grip on the whole shooting match and even less if they relinquish half of their shares

I have already suggested a way forward which was to review the situation in May rather than the knee-jerk reaction we are seeing now. One whisper that Fenty might not put in any more money and everbody would cheerfully sell their Granny.

FFS we are having one of our best seasons ever under Fenty (mind you there hasn't been much competition) There is an outside chance we might get back in the F League, Bennett's sell-on money will start to come in, gates are up, there is no way Fenty is going to sit back and watch the club and his 'benign' loans go down the tubes now (especially when he had already undertaken to put more cash in anyway and is simply late doing so) and his threat that we might have to sell Hearn in January is no longer valid

As a shareholder I consider I am already involved but my shares (a bit like those the Turst will be left with) are useless voting-wise against Fenty's holding

BTW I an not your 'mate'

John Fenty says” I have embraced both the previous board and the current Mariners Trust board and have already agreed with my colleagues that the Trust will have a slot at GTFC board meetings to present ideas, support and challenge.

Just what does a "slot" mean, doesn't sound to me like a proper board member.

Quoted from arryarryarry

John Fenty says” I have embraced both the previous board and the current Mariners Trust board and have already agreed with my colleagues that the Trust will have a slot at GTFC board meetings to present ideas, support and challenge.

Just what does a "slot" mean, doesn't sound to me like a proper board member.

Board member without voting powers it looks to me non executive

Quoted from arryarryarry

John Fenty says” I have embraced both the previous board and the current Mariners Trust board and have already agreed with my colleagues that the Trust will have a slot at GTFC board meetings to present ideas, support and challenge.

Just what does a "slot" mean, doesn't sound to me like a proper board member.

Yeah well pointed out... Sounds more like they'll be able to have five mins during the normal board meeting to voice their opinions and then be shown the door... Could just be the way it's worded though...