Dear John

Did any of Johns predecessors put money into the club? Did they put more money into the club than him?

Quoted from Bigdog

If JF upped and made a clean break from GTFC today and offered the club up at its actual market value, someone would fill the void, trust me. The problem is his demands and bloody-mindedness. If it took a week or month or two before anyone came in, we could seat a sack of spuds on the chairman's boardroom chair in the meantime. At least it would have no influence in making crass decision after crass decision. It is well known that JF is a laughing stock even within the corridors of BP. With the Town Deal floating around, there is no better time for JF to leave. He has absolutely nothing to offer to push this club forward. Have you been asleep for the past seventeen years?

The starting point to value any business is usually 2.5 x its operating profit averaged over 3 years for the A shares, the B shares look a bit different as they take into account fixed assets and a number of other considerations.

We lose money in reality, have a (benign apparently) debt and our biggest fixed asset is dilapidated to a state that only the land is worth anything to a developer, planning permission permitting of course.

In reality GTFC is only worth the value JF places on it and that no doubt will be like most of the other things associated with the club at the moment unsustainable and unrealistic. This will only move forward if he walks away and does not name a price.          

Who would come in? Not the Trust nor fan owned etc.. as again in reality that would just be shifting the liability that these Muppets have accrued.

Ironically (I'm not suggesting this BTW)  if MJ was the MD/chief exec I reckon he'd have much more impact than being the Manager. Well educated, financially qualified, experienced in business, understands what the club means to people, can sell the dream, inoffensive, ambitious etc.. etc..    

Quoted from Marinerz93

That fcuk all money is that what Fenty and the board have put in this season.

That point you talk of can we bank that point because Fenty's stewardship isn't bringing any and him and his yes men are guiding us again into non league without a whimper, never mind eh we'll get a bit of that football fortune Fenty's always banging on about soon, it will drop out of an alien mothership after they have heard our cries for help in Alpha Centauri, Captain Zaphod Beeblebrox will be our saviour all hail Zaphod Beeblebrox.

FENTY OUT bag of spuds to take his seat.

I'm sure I've already heard Marvin the Paranoid Android in the Main Stand. So it's just a matter of time  

Quoted from nightrider

Did any of Johns predecessors put money into the club? Did they put more money into the club than him?

Recently.. Mike Parker has invested much more..

In fact, JF has only invested £700k in the club by way of shares in order to have the honour to run it for seventeen years. The £2m loan doesn't count because he wants it back and he was given £200k by the Trust. So that's the equivalent of £112 per day he's invested. Probably cover the cost of replacing the floodlight bulbs. A laughable amount for a Football League club and he's cost us millions in the meantime, so I really don't see your point. He's a urine-taking chancer without an ounce of humility in him, because if he had, he'd have walked years ago. He's the most embarrassing figure in the long history of the club.

None of the other chairman had such a poor on pitch or off pitch record, led us into non-league or so many relegations and relegation battles, notwithstanding all the other shite the fans have had to put up with from him over the years.

And this tweet just about sums up Fenty Poundland FC..

https://twitter.com/mattdannatt/status/1046454604924407809

Quoted from Bigdog

And this tweet just about sums up Fenty Poundland FC..

https://twitter.com/mattdannatt/status/1046454604924407809

I read that earlier. Astounding. Add Holt to Phil Brown & Askey and MJ becomes the 4th cab on the rank.

Quoted from MuddyWaters

I read that earlier. Astounding. Add Holt to Phil Brown & Askey and MJ becomes the 4th cab on the rank.

Plus Stuart McCall declined to even talk to us.

Quoted from Bigdog

And this tweet just about sums up Fenty Poundland FC..

https://twitter.com/mattdannatt/status/1046454604924407809

Kin ell , explains it all perfectly now, i  knew john was tight but to ask him to be a fireman the kitman a ballboy and a taxi driver was a bit out of order.

Fenty out.

the club has gone that far down hill it will need a total rebuild .. Thanks Fenty.. now get gone ..off you trot .

Quoted from nightrider

Did any of Johns predecessors put money into the club? Did they put more money into the club than him?

Let's nail another myth..

Under Fenty the club has lost half a mill for six seasons by not being in the Football League, there's £3m. And let's be generous to John and say the pitiful performances and shambolic way the club has been driven into the ground have only put off an average of 1k fans per home game. Let's face it, how many people does everyone know that don't go anymore? And it's not even taking into account lost income from away fans. That's say £13k per game, £300k per season, so £5m over 17 seasons. That's a total of £8m without taking into account the fact that we've not had any inward investment for years..

Which of John's predecessors have cost the club that much money, make no apologies for it and still take no financial responsibility, then boldly try to make out that they're keeping the club afloat? He is of course in a small way but only by securing it on what little value there is left in the club. The sick thing is that he's only had to keep the club afloat because of his own crass decisions and actions. As harming this club goes, John Fenty is like the ITV Digital collapse on steroids..