Should this be Fenty's last season to get us up.

Quoted from kingster72

Fenty is our own version of Sepp Blatter, an idiot obsessed by power & deluded by the harm he has done.  Fenty has taken us from the Championship to being in the conference for at least 6 seasons and there have been several people who have tried to invest, or buy him out, but will not work with him and he will not let go. He should have handed the job over when we got relegated to this sorry level and anyone who thinks GTFC would not exist if not for his investment is as deluded as Fenty himself.  He has done absolutely nothing whilst on the board, but drag the club down and embarrass it with mistake after mistake.  The club will hopefully succeed in 2015/16, but with no thanks to Lord Fenty who is wholly responsible for the lowest times in the clubs history.  Yes absolutely, it should be his last chance to get us up, it should have happened by now!

How do you spell nob without it getting changed to something else?

Quoted from kingster72

Fenty is our own version of Sepp Blatter, an idiot obsessed by power & deluded by the harm he has done.  Fenty has taken us from the Championship to being in the conference for at least 6 seasons and there have been several people who have tried to invest, or buy him out, but will not work with him and he will not let go. He should have handed the job over when we got relegated to this sorry level and anyone who thinks GTFC would not exist if not for his investment is as deluded as Fenty himself.  He has done absolutely nothing whilst on the board, but drag the club down and embarrass it with mistake after mistake.  The club will hopefully succeed in 2015/16, but with no thanks to Lord Fenty who is wholly responsible for the lowest times in the clubs history.  Yes absolutely, it should be his last chance to get us up, it should have happened by now!

Hmmm, he's not the only deluded one.

Quoted from kingster72

Fenty is our own version of Sepp Blatter, an idiot obsessed by power & deluded by the harm he has done.  Fenty has taken us from the Championship to being in the conference for at least 6 seasons and there have been several people who have tried to invest, or buy him out, but will not work with him and he will not let go. He should have handed the job over when we got relegated to this sorry level and anyone who thinks GTFC would not exist if not for his investment is as deluded as Fenty himself.  He has done absolutely nothing whilst on the board, but drag the club down and embarrass it with mistake after mistake.  The club will hopefully succeed in 2015/16, but with no thanks to Lord Fenty who is wholly responsible for the lowest times in the clubs history.  Yes absolutely, it should be his last chance to get us up, it should have happened by now!

I'm prepared to accept I might have missed it but could you name names of any of the "several" who have tried to buy him out?

FFS do some people have nothing better to do than moan the last 48-72 hours have been amazing to be a town fan yet some tw@ts still want to moan about something. Get a Grip and back the club

Quoted from kingster72

Fenty is our own version of Sepp Blatter, an idiot obsessed by power & deluded by the harm he has done.  Fenty has taken us from the Championship to being in the conference for at least 6 seasons and there have been several people who have tried to invest, or buy him out, but will not work with him and he will not let go. He should have handed the job over when we got relegated to this sorry level and anyone who thinks GTFC would not exist if not for his investment is as deluded as Fenty himself.  He has done absolutely nothing whilst on the board, but drag the club down and embarrass it with mistake after mistake.  The club will hopefully succeed in 2015/16, but with no thanks to Lord Fenty who is wholly responsible for the lowest times in the clubs history.  Yes absolutely, it should be his last chance to get us up, it should have happened by now!

"Idiot" "deluded" you've described yourself very well!

Quoted from rancido

Like has been previously stated , who is there to step up to the plate ? JF has consistently said that he will consider all reasonable offers to buy him out but none have been forthcoming. That situation could easily change if we get promoted and/or the new ground gets the go-ahead. His loans are benign and he only wants them back when the club can afford to pay him. I don't know what the total is but the figure of £3 million springs to mind. If somebody was to offer him this then I don't think that would be excessive considering the potential there is for a successful football club in Grimsby.

Now I'm not sure this is a healthy thing to debate now as the playing side of the club is the most positive it has been in years but how could anyone be expected to pay 3 million for the club? It is club in the conference that operates at a large loss. The state it is in if someone with money to put in wants to take it over it should go for a token fee and the loans be written off to allow the club to progress.

The club is currently in a position were it is loaned money to operate each season, sadly the budget has not quite been big enough to get us up over the last few seasons. Since we have been in this league we have seen clubs with ambitious budgets generally promoted, I'm thinking of Fleetwood, Crawley and Mansfield, it may be cautiousness, lack of ambition or funds but we haven't really had a big go at the title since we've been in this league.
If the loans are to be paid back when the club is successful surely this must be as a league club? And surely the best way to do that is with a more ambitious budget?

Personally I was pleased with the squad last year and thought it would see us into the play offs, but I genuinely think that the benign loans remove the chance of anyone taking the club on. Nobody is going to pay 3 million for the club and then have to pump the funds in to make it right.

Quoted from headingly_mariner

Now I'm not sure this is a healthy thing to debate now as the playing side of the club is the most positive it has been in years but how could anyone be expected to pay 3 million for the club? It is club in the conference that operates at a large loss. The state it is in if someone with money to put in wants to take it over it should go for a token fee and the loans be written off to allow the club to progress.

The club is currently in a position were it is loaned money to operate each season, sadly the budget has not quite been big enough to get us up over the last few seasons. Since we have been in this league we have seen clubs with ambitious budgets generally promoted, I'm thinking of Fleetwood, Crawley and Mansfield, it may be cautiousness, lack of ambition or funds but we haven't really had a big go at the title since we've been in this league.
If the loans are to be paid back when the club is successful surely this must be as a league club? And surely the best way to do that is with a more ambitious budget?

Personally I was pleased with the squad last year and thought it would see us into the play offs, but I genuinely think that the benign loans remove the chance of anyone taking the club on. Nobody is going to pay 3 million for the club and then have to pump the funds in to make it right.

Spot on Headingley.

The problem is that it COULD still be a long time before we get back in the league and get the new stadium. I totally agree with the 'let's have a real go' approach too. I understand why others back Mr Fenty but I still have this issue that people believe that there is no interest - maybe that's true but would you buy something if you believed that you need 3 million before you could do anything positive?

Just a final point - people saying we shouldn't be debating this now. Why not? It is the close season and much better now than in the middle of a promotion campaign.

Its all right lets saying we must have a go budget but someone has to guarantee the money when our books show we would be setting a business plan to lose money, then the League financial fair play comes into it, income to expenditure although pretty sure that is easily side stepped with buying some advertising or sponsorship for millions if required.  
Not entirely defending JF here but our directors arent all multi millionaires with bottomless pockets are they? and Multi millionaires even at this level arent exactly enough are they?
If you won the lottery next week, 1.2m say, you couldnt even run the club for a year with that could you? Never mind mastermind a 3-4 yr plan to get up and stay up.
10's of Millions are required, to pay off any debtors and run the club for a 3 yr period at current level i would estimate at a minimum 6-7m, thats without pushing for it with an ambitious budget. 6-7m for a club with about 1m worth of assets...that loses money every season....and to really progress you need a new stadium...20-30 m...

Ridiculous for what is a non league set up.

Pretty much all professional clubs run at a loss though don't they.

Quoted from moosey_club

Its all right lets saying we must have a go budget but someone has to guarantee the money when our books show we would be setting a business plan to lose money, then the League financial fair play comes into it, income to expenditure although pretty sure that is easily side stepped with buying some advertising or sponsorship for millions if required.  
Not entirely defending JF here but our directors arent all multi millionaires with bottomless pockets are they? and Multi millionaires even at this level arent exactly enough are they?
If you won the lottery next week, 1.2m say, you couldnt even run the club for a year with that could you? Never mind mastermind a 3-4 yr plan to get up and stay up.
10's of Millions are required, to pay off any debtors and run the club for a 3 yr period at current level i would estimate at a minimum 6-7m, thats without pushing for it with an ambitious budget. 6-7m for a club with about 1m worth of assets...that loses money every season....and to really progress you need a new stadium...20-30 m...

Ridiculous for what is a non league set up.

But this is the point. Let's say operation promotion (the Trust initiative) raises £100,000 (1000 x £100) and improved season ticket sales raise another £60,000, that sort of increase in budget pays a decent salary to 4 extra players. Having re-signed the majority of the squad that came so close, we are giving ourselves a real fighting chance without costing the board (Fenty) a penny. That said, there's also the prospect of increased gate money if we start well - extra 300 per home game is worth approx £5k a game.