Message for John Fenty

Quoted from 1mickylyons

haha brilliant I would demand he produce a receipt for the packet of bourbons I saw him scoffing before a game during Newells tenure

Quoted from MuddyWaters

I saw him demolish a flag once  

Quoted from cleethorpes_mariner

Not sure this is totally correct

ITV digital money was spent in advance by the pervious board, when It did not arrive JF ended up paying the shortfall due to the previous board walking and demanding either  their money back or bankruptcy.
The only deal to repay debts was the tax bill and a very large overdraft.
unfortunately even if JF was to itemise where the 3 mil had gone no one on here would believe him so why would he bother.
  

Quoted from mariner91

Quoted from MuddyWaters

I saw him demolish a flag once  

I think you'll find that the flag was "dismantled" in accordance with proper health and safety regulations.

Quoted from Quagmire

The debt has been primarily accrued over the years because of JF's policy of deciding to spend way above the clubs income level on the playing budget.

Over his entire tenure he has had the ability to either increase or decrease the deficit depending on what he has allowed managers to spend in terms of wages.

The biggest cost of most businesses is wages - and ultimately he can control that.

He knows, or should know, the likely income of the club over a season plus the likely fixed costs.  The only variable left, and one that he is in full control of, is the playing budget.

It's not like he has suddenly been hit by a massive, unexpected bill that he has had to help the club out.  He can control the level of money that he needs to put into the club.

He could decide to give the manager a playing budget of 200% of income and then at the end of the season let everybody know how much money he has had to put into the club to 'keep it going'.  Then out come the pro JF brigade telling everyone who is critical of his tenure that without him there wouldn't be a club.  It's a load of rubbish, he's decided to put that money in to the club because he has decided to make the playing budget x% of the predicted income.

Add in all the money the club has wasted on paying managers/players off, plus other things such as going to court over Scott & Hurst etc and, IMO, I can understand why any potential investor in the club wouldn't want to pay that money back to him.

Why should anyone hand that money over when they haven't been involved in making those decisions that have cost the club that money???

I would also argue that the club could even have been better off without his 'input', after all where has all of that money got us?  

If you don't have that safety net of that money you tend to make better decisions.  You don't hand out 3 year deals to players and then pay them off a few months later.  You probably spend more time and energy attempting to increase income in order to pay for things.  You don't go to court over a mangerial appointment knowing you might be found out.  You don't allow the manager to bring another 4 players in in January, move some out if you want some in.  You dont' allow the manager to go out and bring another defender in on loan when we are crying out for some attacking intent, you use the defensive youth players you have given pro contracts to plug the defensive gap.

As for the idea that there is nobody else out there, Mike Parker is proof of someone being out there, who nobody had even heard of until it was announced, with money who wanted to be involved with the club - who knows how many more would show their hands if JF was to walk away.

Notwithstanding the fact that if we had someone who knew what they were doing running the club the 'need' for this additional funding might not be necessary, there's a number of clubs outperforming us, being supported by far less fans, generating less income, they can do it, why can't we?

Reading some of the pro JF posts on here you would think that the club generates zero income.