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Record Straight of the Trust Share Proposal

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KingstonMariner
September 23, 2017, 6:37pm Report to Moderator
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History repeats itself. The first time as tragedy. The second time as farce.


Through the door there came familiar laughter,
I saw your face and heard you call my name.
Oh my friend we're older but no wiser,
For in our hearts the dreams are still the same.
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HertsGTFC
September 23, 2017, 6:47pm Report to Moderator

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I am not sure why people are still banging on about this? What does it prove in reality and more importantly what will labouring this actually achieve.

I know it's a message board but I am not sure it's a "fair fight" as JF has waived his right to aonimity whilst others still sit behind their usernames.

We are arguing about history whilst our rivals appear to move forward - what does that make us look like?

I just recall at one stadium meeting someone called JF "a crook" my dad (who's a bit of a nimby tbh) put that idiot right and stuck up for John. Reading some posts it feels a bit like that at the moment

People are demanding answers but in reality as it's a confidential business matter have we really got a right to an answer?

This topic is achieving nothing.


"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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Ahh Sole
September 23, 2017, 7:04pm Report to Moderator
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Quoted from HertsGTFC
I am not sure why people are still banging on about this? What does it prove in reality and more importantly what will labouring this actually achieve.

I know it's a message board but I am not sure it's a "fair fight" as JF has waived his right to aonimity whilst others still sit behind their usernames.

We are arguing about history whilst our rivals appear to move forward - what does that make us look like?

I just recall at one stadium meeting someone called JF "a crook" my dad (who's a bit of a nimby tbh) put that idiot right it and stuck up for John. Reading some posts it feels a bit like that at the moment

People are demanding answers but in reality as it's a confidential business matter have we really got a right to an answer?

This topic is achieving nothing.


Who is the OP?
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friskneymariner
September 23, 2017, 7:05pm Report to Moderator

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Quoted from fleabag1970
Move on ? .  We can learn from history . That's why Time Team was such a huge success


Just like the Americans did from Vietnam.


Give a man a fish and you feed him for a day,teach a man to fish and you give him an excuse for him to escape from the wife and kids for the weekend and drink lots of beer.
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KingstonMariner
September 23, 2017, 7:11pm Report to Moderator
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Quoted from HertsGTFC
I am not sure why people are still banging on about this? What does it prove in reality and more importantly what will labouring this actually achieve.

I know it's a message board but I am not sure it's a "fair fight" as JF has waived his right to aonimity whilst others still sit behind their usernames.

We are arguing about history whilst our rivals appear to move forward - what does that make us look like?

I just recall at one stadium meeting someone called JF "a crook" my dad (who's a bit of a nimby tbh) put that idiot right it and stuck up for John. Reading some posts it feels a bit like that at the moment

People are demanding answers but in reality as it's a confidential business matter have we really got a right to an answer?

This topic is achieving nothing.


Firstly, it's not a confidential matter to members of the Trust (all collectively shareholders in the company) and individual shareholders in the company. If one shareholder (the Trust) gives away a significant shareholding (£200,000 worth) to another shareholder, no matter when it happened it still remains a relevant and live subject as what happened (whichever version you accept) reflects on the parties involved, and that matters for the future governance of the company and the club.

Secondly, if people took the attitude that we have no right to an answer, they're accepting that they have no interest in Grimsby Town Football Club other than as an entertainment business with which they have a purely transactional relationship. Once you reach that stage many more will simply stop going as often it's poor value purely on the entertainment level. But of course it means much more than that to most of us.



Through the door there came familiar laughter,
I saw your face and heard you call my name.
Oh my friend we're older but no wiser,
For in our hearts the dreams are still the same.
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HertsGTFC
September 23, 2017, 7:20pm Report to Moderator

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Quoted from Ahh Sole


Who is the OP?


Ha ha ha ha ........ flaw in my argument and english spotted!



"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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HertsGTFC
September 23, 2017, 7:23pm Report to Moderator

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Quoted from KingstonMariner


Firstly, it's not a confidential matter to members of the Trust (all collectively shareholders in the company) and individual shareholders in the company. If one shareholder (the Trust) gives away a significant shareholding (£200,000 worth) to another shareholder, no matter when it happened it still remains a relevant and live subject as what happened (whichever version you accept) reflects on the parties involved, and that matters for the future governance of the company and the club.

Secondly, if people took the attitude that we have no right to an answer, they're accepting that they have no interest in Grimsby Town Football Club other than as an entertainment business with which they have a purely transactional relationship. Once you reach that stage many more will simply stop going as often it's poor value purely on the entertainment level. But of course it means much more than that to most of us.



Fair point KM but are the people hounding for an answer trust members? Also I can't see how other than just I'll will this effects the governance of the company/club. Then again I work in. JV business and it's a fukin nightmare when partners on boards don't get on.

I am not sure about the constitution of the club but if it's that much of a burning issue impacting on the future surely someone should raise it as a question at the AGM?

Feels to me from the outside looking in that both parties have spun this at times to suit their agendas, but that's club politics I suppose.

Ironically it's funny what hindsight tells you, looking at his career and all the time on the treatment table if we had sold Hearn it might have been better, just saying.


"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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forza ivano
September 23, 2017, 8:27pm Report to Moderator

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FFS. Getyourfactsright comes on here and posts some stuff about shares. Never even mentions what we all care about I.e. the current flask policy
Get it sorted jf!
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Squarkus
September 23, 2017, 8:53pm Report to Moderator

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Quoted from Marinerz93


There seems to be spin or twisting as you seem to call it.

Both you and Parker agreed to fund the club £500K after Parker stated that benign loans are bad for the books, and attracting new investors.

Why did you and the board allow Parker to buy £500K worth of shares and then not match it as you had already agreed to match Parkers investment. By allowing Parker to have more shares meant Article 9 came into force, are you telling us that you wasn't aware of the rules regarding shareholding.

Parker showed his business skills when he gifted the trust £500k worth of shares, because this meant he wasn't forced to buy your shares or have the club without it's assets. Why did you put a covenant on the trust not to accept any more shares from Mike Parker.

Please set the record straight because the shares fiasco will rumble on, if you matched MP the trust would never had the shares and control would still have been in then boardroom. Genuine fans would like it as it was with no spin.

Are you for real, Parker saved himself a few million, he became the majority shareholder because he wanted to, he was a new investor for our great club, when he moved on for his own reasons, nothing  to do with Fenty , Fenty was left with the baby and did not ask for anything from the trust or anyone for that matter, other people came up with a reasonable scenario that suited him to move the club forward, who would invest in something that someone else controls, and when you say match MP, He had already done that and more, MP is not at the club because of Fenty, he has said that himself publicly, so my mush there really isn't a record to put straight, to do what he did was just not in the best interest of the club, with his business skills why did he allow himself to have (A) more shares than anyone else and become the majority sharholder and(B) his advisors give him the only solution to get out of the situation he put himself in when things did not suit him, so please stop trawling crap there is no spin to have, what we need is football fortune fingers crossed, a new stadium and better results than today.
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Ahh Sole
September 23, 2017, 9:05pm Report to Moderator
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Quoted from Squarkus

Are you for real, Parker saved himself a few million, he became the majority shareholder because he wanted to, he was a new investor for our great club, when he moved on for his own reasons, nothing  to do with Fenty , Fenty was left with the baby and did not ask for anything from the trust or anyone for that matter, other people came up with a reasonable scenario that suited him to move the club forward, who would invest in something that someone else controls, and when you say match MP, He had already done that and more, MP is not at the club because of Fenty, he has said that himself publicly, so my mush there really isn't a record to put straight, to do what he did was just not in the best interest of the club, with his business skills why did he allow himself to have (A) more shares than anyone else and become the majority sharholder and(B) his advisors give him the only solution to get out of the situation he put himself in when things did not suit him, so please stop trawling crap there is no spin to have, what we need is football fortune fingers crossed, a new stadium and better results than today.


There are still bits of information that remain unclear for sure but it's time we moved on. That said - I would like a plan that had a bit more substance than 'fingers crossed'.
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