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Fenty vote - 82% in favour

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lincoln.mariner
March 7, 2012, 9:23pm
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Just announced

on Trust website


Which one is Big and which one is Small
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wigworld
March 7, 2012, 9:33pm

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Dear David

The result of the postal ballot on whether or not to transfer shares (see below for full details of the proposal) to John Fenty is 82% in favour and 18% against with a participation of 72%.

We would like to thank all members who have voted and comments received. This vote emphasises that for the first time the supporters have a say in THEIR football club and will continue to have a big say going forward.

We are encouraged by the 40+ new members who have joined in the weeks since the vote was announced and we hope to continue to attract as many members as possible.

Mariners Trust is the key vehicle to give the fans the opportunity for a greater say in the future of GTFC.

The Mariners Trust board would like to thank Paul Smith (Deputy Sports Editor, Grimsby Telegraph) for his time verifying and counting the ballot papers this evening.

The Trust board will now put the wheels in motion to carry out the mandate of the membership.

Full Proposal:

• That the Trust Transfer's 200,000 shares in GTFC to John Fenty for a non cash consideration

• In return, Mr Fenty purchases a further 200,000 of new shares in the club. This represents 'new money'

• Mr Fenty agrees to cover any losses for the current season and for the year ending May 2013.

• The Trust agrees not to accept any further shares from Mr Mike Parker.

• The football club involves the Trust in the on-going budget setting.

• The football club agrees to work hand in hand with The Trust to promote the trust activities in a positive manner.
                                          
Up The Mariners
                                            
Mariners Trust Board
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Chrisblor
March 7, 2012, 9:37pm

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Eighty flipping two percent voted yes? Are you kidding me?

This is terrible.


gary jones
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Denby
March 7, 2012, 9:39pm

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disappointed that so many trust members have fallen for this, but not surprised
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DocDock
March 7, 2012, 9:39pm

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I could be wrong but i can't help thinking the vote wasn't fair, what with the revelation that Fenty has offered a place to the trust on the board.
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Wrawby_Mariner
March 7, 2012, 9:45pm
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Quoted from DocDock
I could be wrong but i can't help thinking the vote was fair, what with the revelation that Fenty has offered a place to the trust on the board.


Separate issue I believe, the board place I mean
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Garth
March 7, 2012, 9:46pm

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It is what it is if you don`t agree with the democratic decision join the trust and have your say next time,  should there be a next time
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Pass and Move
March 7, 2012, 9:50pm
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Quoted from Wrawby_Mariner


Separate issue I believe, the board place I mean


How is it seperate?

The fact the trust publicised the "seat on the board" while voting was going on is farcical and invalidates any prospect of a fair vote in my opinion. Any discussions about a seat on the board should have been kept private until voting was complete or until the offer of such a seat had been finalised.
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sonik
March 7, 2012, 9:50pm

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Hallelujah.  Lets move on!!

UTM!!


The Futures Bright Its Black And White!
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supertown
March 7, 2012, 9:51pm
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just proves the gobby Fenty bashers on here are a minority
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