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Takeover

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rancido
January 9, 2019, 11:19am Report to Moderator

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Quoted from KingstonMariner
The other thing he mentioned is that the prospective buyers didn't demonstrate the vision for the club. Wonder what that means even.

So that's two conditions:

Price - what do you want John?
Vision - what do buyers need to do, how is this judged?



According to JF's statement on the back page of todays GET  - " They ( the interested parties) seriously wanted to move forward but, at the same time, they weren't providing us with the proof of funds, and the necessary business case for taking the club forward".

I think that explains why the Board rejected the approach. Under those circumstances I think any responsible " custodian " of a football club would have come to the same conclusion.


The Future is Black & White.
"The commonest thing on this planet is not water , as some people believe, but stupidity ". Frank Zappa
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1mickylyons
January 9, 2019, 12:20pm Report to Moderator
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Quoted from rancido



According to JF's statement on the back page of todays GET  - " They ( the interested parties) seriously wanted to move forward but, at the same time, they weren't providing us with the proof of funds, and the necessary business case for taking the club forward".

I think that explains why the Board rejected the approach. Under those circumstances I think any responsible " custodian " of a football club would have come to the same conclusion.


This is true but pointing out the obvious two sides to every story. All well and good people saying yesterday`s statement has quashed all these rumours but it hasn`t at all because we only have one version. I surely can`t be alone in wanting to know who where the interested party/parties and why did they not pursue after showing interest in buying GTFC? Clearly something is stopping potential buyers/investors from coming forward and the only 2 who have been brought in and put some money in very quickly left why was that,what went wrong there please?
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GrimRob
January 9, 2019, 12:30pm Report to Moderator

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If someone is going to buy GTFC then at least make it easy for potential buyers to find out about it. Pay to have GTFC as the top search result in Google for the exact term: "football club for sale uk". It'll cost peanuts because nobody else is bidding on that search term. If I type that organic searches appear for Thurrock, Hednesford and so on but we could be above them all.


'Tis better to have loved and lost than never to have loved at all.  
~ Alfred Lord Tennyson

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lew chaterleys lover
January 9, 2019, 12:39pm Report to Moderator
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Quoted from GrimRob
If someone is going to buy GTFC then at least make it easy for potential buyers to find out about it. Pay to have GTFC as the top search result in Google for the exact term: "football club for sale uk". It'll cost peanuts because nobody else is bidding on that search term. If I type that organic searches appear for Thurrock, Hednesford and so on but we could be above them all.


Its because he doesn't want to sell.

If you were selling your car you wouldn't just tell the people on your contact list.

He may sell if someone unsolicited came along and agreed to every condition, including paying off all his benign loans, but he knows there is virtually no chance of that happening and is quite happy to sit tight hoping Michael Jolley can dig him out of a whole, while he himself continues to offer next to nothing.

He will continue to get all the benefits whilst the fans finance the club.  
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Swansea_Mariner
January 9, 2019, 1:01pm Report to Moderator
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Quoted from rancido



According to JF's statement on the back page of todays GET  - " They ( the interested parties) seriously wanted to move forward but, at the same time, they weren't providing us with the proof of funds, and the necessary business case for taking the club forward".

I think that explains why the Board rejected the approach. Under those circumstances I think any responsible " custodian " of a football club would have come to the same conclusion.


I must have missed the current compelling business case developed by the board to take us forward, when was that put in place before or after 3 relegations and multiple failed relocation efforts?
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grimsby pete
January 9, 2019, 2:04pm Report to Moderator

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Quoted from rancido



It could be said that a person who trawls through another persons' posts and analyses their total contents is a " sad git "



I do not have to trawl through anybodies posts mate,

All we need is a Fenty video or statement and I comment on it and by magic fishy fairytail pops up to reply to my posts.



                           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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KingstonMariner
January 9, 2019, 2:43pm Report to Moderator
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Quoted from rancido



According to JF's statement on the back page of todays GET  - " They ( the interested parties) seriously wanted to move forward but, at the same time, they weren't providing us with the proof of funds, and the necessary business case for taking the club forward".

I think that explains why the Board rejected the approach. Under those circumstances I think any responsible " custodian " of a football club would have come to the same conclusion.


If you read what I said, I wasn't questioning the conclusions (I don't want the club sold to just any Tom, male private or Harry). I was questioning the terms.


Oi niitä aikoja, oi niitä aikoja
Ne tahtoisin niin elää uudelleen
Tuo aika rakkauden
Tuo aika nuoruuden
Ne tahtoisin niin elää uudelleen
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The Old Codger
January 9, 2019, 3:44pm Report to Moderator
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Quoted from Swansea_Mariner


I must have missed the current compelling business case developed by the board to take us forward, when was that put in place before or after 3 relegations and multiple failed relocation efforts?


The search for the missing fagpacket starts again.....
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arryarryarry
January 9, 2019, 4:49pm Report to Moderator
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Quoted from Swansea_Mariner


I must have missed the current compelling business case developed by the board to take us forward, when was that put in place before or after 3 relegations and multiple failed relocation efforts?


I fully agree, when has John Fenty and the board come out with a commitment and proof of funding going forward?
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Rob_in_Grimsby
January 9, 2019, 5:38pm Report to Moderator
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Quoted from arryarryarry


I fully agree, when has John Fenty and the board come out with a commitment and proof of funding going forward?


The club and the Trust do that exercise every year by setting a playing budget and how that budget is going to be paid and a guarantee of who will put in any shortfall if the projections fall short.
Just because hey dont post the figures on here does not mean it does not happen
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