Not being heard.......Don’t line his pockets!!!

Quoted from headingly_mariner

Some interesting points but you have completely ignored that MP basically donated 1.25 million to the club and has added no debt. You have also ignored how the share issue was engineered. Mariner93 has been asking the question for years as to why Mr Fenty's money never went in to match MP as shares as agreed? This would've avoided the issue. Some of the responses on this thread smell a bit like propaganda to me.

Ramadan should've never got his money back. I think if you look at the shareholding at the time their are other reasons Ramsden's bluff wasn't called and we were allowed into administration.

But you're also completely ignoring that JF has funded the club through the share issue too. Not to the tune of £1 million, but it's in the hundreds of thousands.

Is there a link to this statement? I don't ever remember hearing it, but it's quoted on here a lot. I'd like to read it as said/written rather than hearsay.

Quoted from pen penfras

But you're also completely ignoring that JF has funded the club through the share issue too. Not to the tune of £1 million, but it's in the hundreds of thousands.

Is there a link to this statement? I don't ever remember hearing it, but it's quoted on here a lot. I'd like to read it as said/written rather than hearsay.

Maybe he should have paid the Trust for MP's shares and the trust could have loaned the cash back - B9ly of course!

Quoted from headingly_mariner

Some interesting points but you have completely ignored that MP basically donated 1.25 million to the club and has added no debt. You have also ignored how the share issue was engineered. Mariner93 has been asking the question for years as to why Mr Fenty's money never went in to match MP as shares as agreed? This would've avoided the issue. Some of the responses on this thread smell a bit like propaganda to me.

Ramadan should've never got his money back. I think if you look at the shareholding at the time their are other reasons Ramsden's bluff wasn't called and we were allowed into administration.

I am privately convinced that at least three of our newer posters - SheepGTFC, pen penfras and gtfc123 - are Fenty 'stooges' trying to put a spin on
15 years of decline. Perfectly entitled to do so, of course.

John - this isn't a passing bad mood that the fans are experiencing - it's 15 years of disappointment and frustration. It's now genuine anger and disillusionment. You can try to control social media, but the truth is that the more loyal Grimsby fans are, the more they're taken for granted and viewed as "sheep with wallets".
We've had enough of that.
I, at least, believe that you're doing the best you can - but how much longer do the fans have to wait before you realise that as a businessman
you were exceptional, but being a football (non-)chairman really isn't working for you is it? And it's the club you love, and its fans, who suffer.

Quoted from pen penfras

Maybe, but I'm not entirely sure that's true. Mike Parker complained that JF and PF were so aligned in their views that it meant the board vote was almost a formality to go with what they want because they would vote the same way. MP was the major share holder and starting to call the shots, so PF was asked to stand down as part of the process to appease MP and get a more diverse view across the board. MP quit almost immediately even after getting his own way, which suggests to me that he didn't want to stick it out regardless and was making excuses to get away from the expensive venture that is football.

Also worth noting that MP was the major shareholder and it's widely documented that he was behind the appointing of Neil Woods and the sacking of Woods was part of what led MP to stand down. Laying all the blame at one man's door for our downfall is a bit hash. Doesn't exonerate JF from his contribution to things going badly, but at least he's stuck it out when others have run as fast as they can when things didn't look so rosy.

Steven,  surely as the clubs accountant you would have been grateful for the financial input from Mike Parker ? It would be nice if you would acknowledge that.  And please don't tell me to 'shut up'  

Quoted from pen penfras

But you're also completely ignoring that JF has funded the club through the share issue too. Not to the tune of £1 million, but it's in the hundreds of thousands.

Is there a link to this statement? I don't ever remember hearing it, but it's quoted on here a lot. I'd like to read it as said/written rather than hearsay.

benign loans are completely different and was it to the amount agreed with MP?

There is a radio interview that outlines it I believe and funnily enough the written versions on the telegraph website and the OS are no longer available. If you read the Cod Almoghty diaries from the time they have handy links and quotes. I'd love it if someone could find it.

Quoted from headingly_mariner

benign loans are completely different and was it to the amount agreed with MP?

There is a radio interview that outlines it I believe and funnily enough the written versions on the telegraph website and the OS are no longer available. If you read the Cod Almoghty diaries from the time they have handy links and quotes. I'd love it if someone could find it.

You need to find it HM.  Otherwise certain directors might just imply that you are a liar.  

Quoted from pen penfras

Maybe, but I'm not entirely sure that's true. Mike Parker complained that JF and PF were so aligned in their views that it meant the board vote was almost a formality to go with what they want because they would vote the same way. MP was the major share holder and starting to call the shots, so PF was asked to stand down as part of the process to appease MP and get a more diverse view across the board. MP quit almost immediately even after getting his own way, which suggests to me that he didn't want to stick it out regardless and was making excuses to get away from the expensive venture that is football.

Also worth noting that MP was the major shareholder and it's widely documented that he was behind the appointing of Neil Woods and the sacking of Woods was part of what led MP to stand down. Laying all the blame at one man's door for our downfall is a bit hash. Doesn't exonerate JF from his contribution to things going badly, but at least he's stuck it out when others have run as fast as they can when things didn't look so rosy.

I call  bullshit, MP did indeed leave the board citing that promises weren't kept and that there wasn't the appetite for change. MP after the left the board further invested some time after £500k worth of shares as agreed that MP and Fenty would put into the club. Because Fenty didn't put the money in shares it meant MP became the major share holder, share increase he and the board would have to authorise so he knew was what required, he didn't do as agreed and triggered article 9 a couple of months later. If he was forced to buy Fenty's shares he would then be in a position for Fenty to call his benign loan in. Why do you think that he gave the trust £500k worth of shares and why did Fenty go after those shares when he could have just matched Parker as agreed and shares fiasco would never have happened.

Give me an example where JF has worked with someone with money for the benefit of the club because two people with money have come and gone.

Quoted from mimma

I would like to put the record straight about how Fenty came to be chairman and major share holder.

Ramsden was chairman at the time and had lent the club 350 grand to keep it afloat. He spit his dummy out and resigned, and demanded his money back in full. It was Fenty that paid him off in full out of his own pocket which ultimately saved the club from financial ruin.

Don't get me wrong, JF has made plenty of mistakes in his time at the helm. I believe that Pete Fernaux was the footballing brains, but, unfortunately, he had to step down leaving JF to run the whole thing on his own with nobody to turn to for advice. Like the rest of us,he is GTFC through and through, but unfortunately doesn't have the financial clout to take us to the next step. We are Grimsby, nobody is going to come here waving cheque books about. The only people that would, would have had to be born here. Just remember some of the other clubs that chased the dream of a rich sugar daddy, only to fall flat on their face. (Sven at Notts County FFS).

One thing I have learned in my sixty odd years on this planet is that things never stay the same indefinitely. Just be patient, like I was waiting, watching poor Town teams for years until McMennamy turned up by chance, and we suddenly rose up. Then it was Sir Alan playing the best football I have ever seen. Our turn will come again.

KEEP THE FAITH

UTM

Yes lets put the record straight, you are mostly correct but have omitted that it was the club that paid the taxman back whilst paying Fenty back the agreed amount in 4 installments for paying Ramsden off (why did Ramsden call in his loan), whilst we were paying the taxman back. It was Fenty who hired cheap and then had to pay off managers and players, then paying more out for better loan players all saddling the club with loans against the clubs assets. How did all these outgoings effect the playing budget? You reap what you sow. Was it just bad luck were relegated down the leagues and then out of it. Some people have short memories, Bournemouth started the season on -30 points and had a player embargo and they still over took us FFS.

Quoted from 137

John - this isn't a passing bad mood that the fans are experiencing - it's 15 years of disappointment and frustration.

I am very sorry but personally I don't agree with this. I haven't had 15 years of disappointment and frustration.

Two seasons ago I thoroughly enjoyed the promotion season, and right now I am delighted to be safely back in the Football League. Yes as I sit here right now, I would now like us to be kicking on once again and challenging for further progress, but i am content in the knowledge that we are comfortably a Football League team once again, and that our time will come to push on again.

Oddly enough, even during our seasons in the Conference, I had some amazing and enjoyable times. Yes of course disappointed when at the end of the season, we failed to get over the line. But the season's enjoyment on route to that stage each year was fantastic, seeing us compete and in with a chance of climbing back into the Football League. Enjoying watching a young manager develop with his experiences until he eventually got the success that he deserved and the supporters deserved.

Off course I would love to see us back punching above our weight, like we did in the Buckley years, up in the Championship. But I am realistic in supporting a club like Grimsby Town, and realise that in the true world of football, we will have up's and down's and be a perennial club in and out of League 2 and League 1 in the future. I'd love to think that one day we might even find a manager that can get us having a bit of Championship experience once again, that would be nice. But I am realistic in my expectations, and I know we will be and up and down club, and that is what I love about us, and about football outside of the Galactic world of the Premiership.

So I would thank you not to include me as one of those supporters that has had 15 years of disappointment and frustration. I am not. I love the club for exactly what it is, and I love football at our level for what it is.

Thank you

Bournemouth were actually deducted 17 points at the start of the season but managed to finish 5 points above us. Rotherham also started with -17 points but finished 27 points ahead of us (!) but it was Luton that started with -30 points and duly went down.

Good Lord, we were truly shite that season. Can't believe that I was expecting anything better under Newell the next season after we'd won so few games under him the previous one.