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Does the Trust have the acumen to force Fenty out.

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Biccys
March 21, 2018, 2:14pm
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As much as I dislike Fenty running the club, he must have something about him if he has convinced a fans organisation to give him money. He is probably very good at getting the best business deals but terrible transferring those skills to a customer based entity like a football club.


He didn't though. The trust approached him with the option to do what they did and nothing else. He admitted it was a surprise that there were no other options presented to him as there were other ways rather than handing him the trust's shares, but he went with the only proposal. It's not in his remit to suggest to another organisation what to do.


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barralad
March 21, 2018, 3:29pm
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Quoted from grimsby pete
I think we are all missing the point about the £30,000 for a seat on the board,

Once Fenty starting charging the Trust for the privilege of a seat ,

The fans when they found out found another nail to bang in Fenty's coffin,

We all know the Trust are there to support the club by what means possible as well as representing the fans,

So Fenty and the board would more likely have recieved the £30,000 a year from the Trust anyway because that is what they do,

So a very big PR gaff again John.


I'm honestly losing the will to live over this 30K. I cannot work out how to copy and paste a post from another thread onto this thread but Dave Roberts gives a full 100% accurate explanation of what happened when the Trust was relaunched. At the time of the re-launch the club were in the Conference. There was a very serious funding short fall. The club identified that there was a potential income resource that they weren't maximising-the bars- and the Trust were keen to prove that they could fund raise to meet one of the criteria for a seat on the Board. It was a perfectly symbiotic relationship and that 30K was to the best of my knowledge included within the club's budget going forward. I cannot and will not speak for my colleagues but I feel that if I'm culpable for anything it is not dealing with the false premise that people made equating the 30K to the board place at the time it first raised its head.
I am probably sadder than most that Paul resigned because he had a 100% understanding of the financial issues that the Trust was facing--always useful to have the Chair as an ally! As Dave said the time is ripe for a reappraisal of funding provided by the Trust and going forward all avenues will be explored.
I realise that this isn't probably what a lot of you will want to read and I expect counter arguments. All I would like is to know out of courtesy who I'm talking to.



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Civvy at last
March 21, 2018, 3:35pm

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Quoted from barralad


I'm honestly losing the will to live over this 30K. I cannot work out how to copy and paste a post from another thread onto this thread but Dave Roberts gives a full 100% accurate explanation of what happened when the Trust was relaunched. At the time of the re-launch the club were in the Conference. There was a very serious funding short fall. The club identified that there was a potential income resource that they weren't maximising-the bars- and the Trust were keen to prove that they could fund raise to meet one of the criteria for a seat on the Board. It was a perfectly symbiotic relationship and that 30K was to the best of my knowledge included within the club's budget going forward. I cannot and will not speak for my colleagues but I feel that if I'm culpable for anything it is not dealing with the false premise that people made equating the 30K to the board place at the time it first raised its head.
I am probably sadder than most that Paul resigned because he had a 100% understanding of the financial issues that the Trust was facing--always useful to have the Chair as an ally! As Dave said the time is ripe for a reappraisal of funding provided by the Trust and going forward all avenues will be explored.
I realise that this isn't probably what a lot of you will want to read and I expect counter arguments. All I would like is to know out of courtesy who I'm talking to.



So was this £30K part of Operation Promotion then ??


The wife was going away for a girly weekend.
I jokingly remarked  'I don't know whether to spend it watching porn or watching football'
'you may as well spend it watching porn' she replied
That's understanding darling what makes you say that? I asked

She said 'Well you already know how to play football'  
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barralad
March 21, 2018, 3:43pm
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Quoted from Civvy at last


So was this £30K part of Operation Promotion then ??


Sorry mate...you might just have "lost" me there. The 30K is a yearly figure. None of the Operation Promotion money contributed to the 30K in the relevant year. If you recall the accountancy for Operation Promotion was handled by a third party to ensure absolute transparency. That money didn't figure in the Trust accounts until the third party handed over the lump sum at the end of the project (after deducting their fee).


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VinnyGTFC
March 21, 2018, 3:51pm
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Quoted from ginnywings


What we have right now is not a credible option either. The club may die if fan run. It will definitely die if the current regime carry on as they are. Everyone has had enough.


You've sort of answered it yourself. Who's going to decide who the fans are that are worthy or credible to run the club. Would it be a pseudo popularity contest based on who's most opinionated in the bar. Do you know which fans have some football knowledge and acumen to do the role. No. So it's got no legs.
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MuddyWaters
March 21, 2018, 3:54pm
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Quoted from VinnyGTFC


You've sort of answered it yourself. Who's going to decide who the fans are that are worthy or credible to run the club. Would it be a pseudo popularity contest based on who's most opinionated in the bar. Do you know which fans have some football knowledge and acumen to do the role. No. So it's got no legs.


Why has it got no legs? Pick up the phone to any one of the ten Newport County directors who are fans elected by a supporters trust and ask them if it can be done. They will tell you it's hard work for sure but they pool their resources and crack on.
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Civvy at last
March 21, 2018, 4:01pm

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Quoted from barralad


Sorry mate...you might just have "lost" me there. The 30K is a yearly figure. None of the Operation Promotion money contributed to the 30K in the relevant year. If you recall the accountancy for Operation Promotion was handled by a third party to ensure absolute transparency. That money didn't figure in the Trust accounts until the third party handed over the lump sum at the end of the project (after deducting their fee).


I guess with feelings as they are Barra, this is not the time for my dry(and very dark) sense of humour. I didn't expect that to be taken seriously.   Apologies. I guess it's hard when you are getting 'incoming' from all angles to sort out the wheat from the chaff.   Good luck mate.  




The wife was going away for a girly weekend.
I jokingly remarked  'I don't know whether to spend it watching porn or watching football'
'you may as well spend it watching porn' she replied
That's understanding darling what makes you say that? I asked

She said 'Well you already know how to play football'  
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barralad
March 21, 2018, 4:02pm
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Quoted from MuddyWaters


Further to other comments, there are many, myself included, who would gladly get more involved if we were able to make a difference. The shares vote made the trust far less relevant/important than it should have been and there is one stubborn and immovable object standing in the way of that changing.


Apologies for singling you out but you seem to be speaking for a lot of people. What you say begs the question-If you are not confident in your own ability to change things within the Trust as it currently exists how will that differ when you are trying to deal with JF as a pre-cursor to his leaving?
As far as I'm aware not one of my colleagues wish to be part of a board of management of any sort of fan owned football club. (I rather suspect far more professional accountancy skills than I can call on would be required to administer on financial matters for a professional football club). I do see a role for the current Trust personally speaking probably acting as a conduit to ensure, in the event of a credible alternative being put together, a smooth transition..


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MuddyWaters
March 21, 2018, 4:07pm
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Quoted from barralad


Apologies for singling you out but you seem to be speaking for a lot of people. What you say begs the question-If you are not confident in your own ability to change things within the Trust as it currently exists how will that differ when you are trying to deal with JF as a pre-cursor to his leaving?
As far as I'm aware not one of my colleagues wish to be part of a board of management of any sort of fan owned football club. (I rather suspect far more professional accountancy skills than I can call on would be required to administer on financial matters for a professional football club). I do see a role for the current Trust personally speaking probably acting as a conduit to ensure, in the event of a credible alternative being put together, a smooth transition..


No apology required. To answer the question, I felt at the time of the share vote that the Trust - via the vote - lost any opportunity to have a meaningful say in the running of the club and therefore, being involved in the Trust from there on in would just be like working for the club. In essence, the Trust voted away its' ability to be an agent for change. Just my opinion.
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barralad
March 21, 2018, 4:13pm
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Quoted from MuddyWaters


No apology required. To answer the question, I felt at the time of the share vote that the Trust - via the vote - lost any opportunity to have a meaningful say in the running of the club and therefore, being involved in the Trust from there on in would just be like working for the club. In essence, the Trust voted away its' ability to be an agent for change. Just my opinion.


Fair enough. Thanks for replying...


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