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Record Straight of the Trust Share Proposal

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headingly_mariner
September 23, 2017, 12:42pm

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I'm sure it would be very interesting to hear from Mike Parker and the Trust about the same issue. I'm sure we won't but it would be nice to hear some alternative facts or fake news.
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mirrorballman
September 23, 2017, 12:47pm
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Quoted from Getyourfactsright
Good morning my Fishy Friends,

Seems the flack continues towards me over the transfer of Trust shares to me, 200,000 of them.

I've asked the Trust in the past to clear such matters up as the flack isn't justified at all, but in the absence I will.

It's very True that in the situation I found myself through no fault of mine, that control did not sit within the boardroom.

To my recollection I don't recall ever stating that we would have to sell Liam Hearn, but it was the case that I stated I wouldn't put another penny in the club, untill shareholding control in the boardroom was restored.

It was a fact that by the December the Club needed funds without which speculation suggested we might need to sell a player. (Liam Hearn)

It is a fact that the Chair of the Trust and the CEO of the Club negotiated the proposal put to me.

At no time and to be very clear, did I coheres those discussions whatsoever, or were involved in meetings where they were discussed with members of the Trust.

Following Trust members voting for a Transfer to me the said block of shares, I then proposed that I would purchase £200.000 shares additional in effect balanceing the proposal.

There were several other ways my concers could have been met, with or without transferring of the shares, but this is what was put to me and I accepted in the best interest of the club.

I'm sure some will continue to twist these facts, but for the genuine fans that may want to know, this puts the record straight.

Kind regards John Fenty
UTM



Thank you for posting to clarify. For future reference, may I humbly suggest that you just state that something either did or did not happen.  I've heard the phrases 'To my recollection' and and 'I don't recall' misused by fibbing politicians when they've been caught out. I don't think that is the case here but it is not a perception you want others to have.
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LongEatonMariner
September 23, 2017, 12:54pm
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Thanks John. You don't have to put yourself through this and it is appreciated by a lot of fans, me included.

Now 3points this afternoon please!

UTM
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crusty ole pie
September 23, 2017, 1:02pm

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Think a lot of this could be avoided if the club was a little more open with the fans a small feature 3 times a year on iPlayer "VIEWS FROM THE BOARDROOM" don't expect confidential stuff to be disclosed but would be nice to be kept informed on ground progress ect
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Codswede
September 23, 2017, 2:03pm

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Quoted from crusty ole pie
Think a lot of this could be avoided if the club was a little more open with the fans a small feature 3 times a year on iPlayer "VIEWS FROM THE BOARDROOM" don't expect confidential stuff to be disclosed but would be nice to be kept informed on ground progress ect


For a while I've been hoping "John Fenty - Speaking Frankly" might be picked up as a series.


ATAW
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75
September 23, 2017, 2:15pm
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I'm sure this is absolutely true and I understand where John is coming from. Nobody with any sense at all would put their money into a business where effectively, they cannot control the direction of that business. I appreciate Johns hard work, as a fan I judge his tenure on the pitch and it has been a desperate time which culminated in the unthinkable, I'm not sure we have learned too many lessons either. I am not happy that we seem to be okay with being fourth division also rans, I am angered at Scunthorpe lording it over us for so long.

Ideally, I'd like someone else to have a go. That thought is countered by the vague possibility of the new stadium. I suspect if John went, the new ground would go as well.
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dapperz fun pub
September 23, 2017, 2:37pm
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Quoted from 75
I'm sure this is absolutely true and I understand where John is coming from. Nobody with any sense at all would put their money into a business where effectively, they cannot control the direction of that business. I appreciate Johns hard work, as a fan I judge his tenure on the pitch and it has been a desperate time which culminated in the unthinkable, I'm not sure we have learned too many lessons either. I am not happy that we seem to be okay with being fourth division also rans, I am angered at Scunthorpe lording it over us for so long.

Ideally, I'd like someone else to have a go. That thought is countered by the vague possibility of the new stadium. I suspect if John went, the new ground would go as well.


Is the ground on the cards anyway ? Please update me on this ...Agree about scunny but even worse lincoln look to moving forward quickly not just in footballing terms but have infrastructure plans aswell while we talk about things but nothing seems to happen.  
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TAGG
September 23, 2017, 2:39pm

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FFS Me head hurts🤕🤕🤕🤕


In his three stints as Grimsby Town manager spanning over 10 years the club was never relegated and he also guided them to three promotions.
Only 14 managers have reached 1,000 matches in charge of a Football League team by 1998 and Buckley is one of them.
GOD
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HertsGTFC
September 23, 2017, 3:23pm

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Quoted from Getyourfactsright
Good morning my Fishy Friends,

Seems the flack continues towards me over the transfer of Trust shares to me, 200,000 of them.

I've asked the Trust in the past to clear such matters up as the flack isn't justified at all, but in the absence I will.

It's very True that in the situation I found myself through no fault of mine, that control did not sit within the boardroom.

To my recollection I don't recall ever stating that we would have to sell Liam Hearn, but it was the case that I stated I wouldn't put another penny in the club, untill shareholding control in the boardroom was restored.

It was a fact that by the December the Club needed funds without which speculation suggested we might need to sell a player. (Liam Hearn)

It is a fact that the Chair of the Trust and the CEO of the Club negotiated the proposal put to me.

At no time and to be very clear, did I coheres those discussions whatsoever, or were involved in meetings where they were discussed with members of the Trust.

Following Trust members voting for a Transfer to me the said block of shares, I then proposed that I would purchase £200.000 shares additional in effect balanceing the proposal.

There were several other ways my concers could have been met, with or without transferring of the shares, but this is what was put to me and I accepted in the best interest of the club.

I'm sure some will continue to twist these facts, but for the genuine fans that may want to know, this puts the record straight.

Kind regards John Fenty
UTM




Thanks for putting the record straight I hope people can move forward now, but I doubt some will.

I find it quite sad that some posters on here have launched what is a vendetta based upon "caring for my club" rather than seeing the bigger picture and/or just pulling together to get behind the team.

John, I don't always agree with what you do or say and I do acknowledge that you are in a no win position and as well as keeping things going by supporting the club with a large amount of cash you have worked hard for the betterment of GTFC.


      


"Crombie you would have got to that if you weren't such a fat ba%$@rd" - George Kerr, inspiration from the dug out 70s style  
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grimps
September 23, 2017, 3:58pm
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Hey John
Just for the hell of it , how about an other operation promotion type thing with a commitment from you to match anything the fans raise ?
I know you've stuck loads of your loot into the club over the years but I reckon about £200000 is the difference between promotion and staying where we are in this league
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