Has he gone yet.!!

Has Fenty left the club yet, we need to get him out asap.
As soon as he has gone the club will rise from its 15 years of abject inept management.
Cue the Fenty red cross morons.

Provocative little tinker you are Yoda  

Wind-up-merchant you are Yoda......trouble is I actually agree with you on this occasion.

I agree. If you don't want to see how many X you get or have, just edit the Google Chrome code so it doesn't show it. Been doing it for years  

Not decrying Mr Fenty as he was in a position to actually put his hand in his pocket to "save" the club, but when it comes to looking for a buyer is he trying to ensure he gets his money back, as the major shareholder surely he must take the rough with the smooth ( loss against profit).

Quoted from Gaffer58

Not decrying Mr Fenty as he was in a position to actually put his hand in his pocket to "save" the club, but when it comes to looking for a buyer is he trying to ensure he gets his money back, as the major shareholder surely he must take the rough with the smooth ( loss against profit).

Not having a go but why would he not try to get his money he put in back, that would only be natural surely?

As far as I am aware he never professed to "gifting" the club the money. As has been shown in the accounts in the last couple of years he has recouped a small amount, reducing the amount owed to him so obviously in the long term regardless of if this take over happens he is going to eventually recoup his money.

Not sure why people think he would just walk away without at least getting his money he has invested back, regardless of achievements or lack of it just is not the way it works with football clubs.

Quoted from Malta_Mariner_90

Not having a go but why would he not try to get his money he put in back, that would only be natural surely?

As far as I am aware he never professed to "gifting" the club the money. As has been shown in the accounts in the last couple of years he has recouped a small amount, reducing the amount owed to him so obviously in the long term regardless of if this take over happens he is going to eventually recoup his money.

Not sure why people think he would just walk away without at least getting his money he has invested back, regardless of achievements or lack of it just is not the way it works with football clubs.

He may well have had his money back sooner if not for running the club so poorly.

Only moron on here is you Yoda.

Quoted from Malta_Mariner_90

Not having a go but why would he not try to get his money he put in back, that would only be natural surely?

As far as I am aware he never professed to "gifting" the club the money. As has been shown in the accounts in the last couple of years he has recouped a small amount, reducing the amount owed to him so obviously in the long term regardless of if this take over happens he is going to eventually recoup his money.

Not sure why people think he would just walk away without at least getting his

money he has invested back, regardless of achievements or lack of it just is not the way it works with football clubs.

Sorry, but isn't the football club a business, obviously it's here to entertain and hopefully win matches gain promotion etc, that way it may make some money for the shareholders (see the Glaziers at Man U) but it may lose games and be relegated, less fans through the doors and less TV money, that's the gamble club shareholders take. So I'm afraid Mr Fenty had to accept that his investment into GTFC has not been a money tree. Still the same if you have a car dealership, lots of fancy expensive cars on the forecourt but if nobody buys then eventually you will lose your money, and if your bought out you have to take the going price of your stock, buildings etc and not expect them to cover your loses.

Quoted from Gaffer58

Sorry, but isn't the football club a business, obviously it's here to entertain and hopefully win matches gain promotion etc, that way it may make some money for the shareholders (see the Glaziers at Man U) but it may lose games and be relegated, less fans through the doors and less TV money, that's the gamble club shareholders take. So I'm afraid Mr Fenty had to accept that his investment into GTFC has not been a money tree. Still the same if you have a car dealership, lots of fancy expensive cars on the forecourt but if nobody buys then eventually you will lose your money, and if your bought out you have to take the going price of your stock, buildings etc and not expect them to cover your loses.

The difference is most of the money he put into the club was a loan. Not quite the same as your example. He’s more like the bank who loaned the dealership money with a debenture over the cars and premises. Smart business move on his part. Gave him control with minimal risk.

So. I agree. He hasn’t really bailed out the club.