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Fenty - Name Your Price

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H19P1
November 8, 2018, 10:44am Report to Moderator
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I’d like to see a consortium headed up by MJ and his contacts to take control. Might sound completely radical but why the hell not?

Is he our saviour in the boardroom right under our noses?
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Ipswin
November 8, 2018, 10:50am Report to Moderator
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Quoted from H19P1
I’d like to see a consortium headed up by MJ and his contacts to take control. Might sound completely radical but why the hell not?

Is he our saviour in the boardroom right under our noses?


He'd be better in the board room than in the dugout that's for sure but he's financially astute (even if he is a total stranger to football management and tactics) so there's no way he or any of his mates are going to touch GTFC with a bargepole

Daftest idea yet



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H19P1
November 8, 2018, 10:52am Report to Moderator
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Quoted from Ipswin


He'd be better in the board room than in the dugout that's for sure but he's financially astute (even if he is a total stranger to football management and tactics) so there's no way he or any of his mates are going to touch GTFC with a bargepole

Daftest idea yet



😂 thanks but you never know
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ska face
November 8, 2018, 11:02am Report to Moderator

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Can we get over the idea that Jolley is some kind of multi-millionaire City Boy? He spent a couple of years as a junior trader (one of thousands) before jacking it in to train youth teams and students.
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H19P1
November 8, 2018, 11:08am Report to Moderator
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Quoted from ska face
Can we get over the idea that Jolley is some kind of multi-millionaire City Boy? He spent a couple of years as a junior trader (one of thousands) before jacking it in to train youth teams and students.
I never suggested that he was but maybe he has a circle if friends which are?
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Bigdog
November 8, 2018, 11:25am Report to Moderator
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Being realistic.. if there was to be an effort to create a fan led consortium, the target figure required to be raised would more likely have to be at least 5m.

JF would want his 1.8m back as a lump sum because he won't trust anyone to get it back for him..

Jf has 927,000 shares. They may not be worth a pound each due to the value of the club as it stands in the accounts but this figure will always be subjective..

If a consortium wants to take control of the club, I'm pretty sure they would have to offer the same deal for the rest of the shares. The amount of shares issued is more than 2.5m from memory..

And then after paying all of that out, what amount would be needed for a boost in working capital to put new plans in place that would result in a big step up from where the club is now? 2m?

And then there's funding for the new stadium to consider..

I'm fairly sure a well-organised fan led consortium could do a lot better for the club and stand a greater chance of engaging the NE Lincs public and procure inward investment, but if any movement came to fruition, it really needs to assess what exactly is required cash wise and have a solid short medium and long term plan to back it up..

Paying JF in stages will be a non-starter and paying off JF's loans and shares up would be the tip of the iceberg if anyone's serious about doing something..

The plan needs to be extremely well funded, credible and sustainable..
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H19P1
November 8, 2018, 11:33am Report to Moderator
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Some great ideas thrown around here. Does anyone know if the trust takes them away, put onto a spreadsheet for a detailed review and progress further on behalf of the fans?
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Cloudy
November 8, 2018, 11:33am Report to Moderator
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I am led to believe that if someone offered JF £1m in cash for his shares and asked him to write off his loans he would do so provided the purchaser could demonstrate he had the money, and will, to move the club forward.
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grimsby pete
November 8, 2018, 11:36am Report to Moderator

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Quoted from Bigdog
Being realistic.. if there was to be an effort to create a fan led consortium, the target figure required to be raised would more likely have to be at least 5m.

JF would want his 1.8m back as a lump sum because he won't trust anyone to get it back for him..

Jf has 927,000 shares. They may not be worth a pound each due to the value of the club as it stands in the accounts but this figure will always be subjective..

If a consortium wants to take control of the club, I'm pretty sure they would have to offer the same deal for the rest of the shares. The amount of shares issued is more than 2.5m from memory..

And then after paying all of that out, what amount would be needed for a boost in working capital to put new plans in place that would result in a big step up from where the club is now? 2m?

And then there's funding for the new stadium to consider..

I'm fairly sure a well-organised fan led consortium could do a lot better for the club and stand a greater chance of engaging the NE Lincs public and procure inward investment, but if any movement came to fruition, it really needs to assess what exactly is required cash wise and have a solid short medium and long term plan to back it up..

Paying JF in stages will be a non-starter and paying off JF's loans and shares up would be the tip of the iceberg if anyone's serious about doing something..

The plan needs to be extremely well funded, credible and sustainable..


Very good post sorry I can not give ticks out,

So one of us will have to win £50million + on the lottery then or else we are stuck with him.


                           Over 32 years living in Suffolk but always a mariner.
                           64 Years following the Town
                           Michael Jolley's  Black and White Army.

 
                            
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jock dock tower
November 8, 2018, 11:37am Report to Moderator
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Quoted from ska face


Clearly not.

This whole thread, as well as giving me a good laugh through the day, has been an exercise in trying to focus everyone’s mind on the key issue at the moment - Fenty claims he’s desperate to get out, but shows absolutely no signs of doing so.

It’s a similar approach to how the club sells match tickets. Assume people know what’s going on, assume people are falling over themselves to buy one, don’t really give anyone a reason to do so and just hope for the best. The Field of Dreams approach doesn’t work for us.

If you’ve got something to aim for, you might just start to move in the right direction. Otherwise it’s a load of blind people fumbling around in the dark.

So, to conclude, Fenty - name your price.


It's exactly the same situationas Newcastle where Ashley always states on record he wants to sell but then does absolutely nothing about it.



No attempt at ethical or social seduction can eradicate from my heart a deep burning hatred of the Tory party. So far as I'm concerned they're lower than vermin. Aneurin Bevan.
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