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Another takeover bid?

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Rik e B
September 11, 2019, 4:42pm

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I've every faith in Fenty not passing the batton on to a crooked consortium, hopefully it gees up Shutes & Co. knowing there are rival bidders.
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psgmariner
September 11, 2019, 4:55pm

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http://www.miabcleethorpes.net
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KingstonMariner
September 11, 2019, 8:55pm
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Absolutely not. The guy obviously keeps bad company. Give me John Sheldon Fenty any day over those types.


Through the door there came familiar laughter,
I saw your face and heard you call my name.
Oh my friend we're older but no wiser,
For in our hearts the dreams are still the same.
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Trickytrev
September 11, 2019, 9:04pm
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It would appear that Mr Fenty knows nothing about a new bid. But he gives a bit more info on the current state of play.

https://www.grimsbytelegraph.c.....r-john-fenty-3309651
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Abdul19
September 11, 2019, 9:37pm

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*Shelton (Sheldon is a scientist)


JESUS AT THE CENTRE
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KingstonMariner
September 11, 2019, 9:43pm
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Quoted from Abdul19
*Shelton (Sheldon is a scientist)


Are you saying he isn't one? Shame on you. Typical Fenty knocker.


Through the door there came familiar laughter,
I saw your face and heard you call my name.
Oh my friend we're older but no wiser,
For in our hearts the dreams are still the same.
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Heisenberg
September 11, 2019, 9:52pm
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Talk about dragging on. I am assuming that Shutes is struggling to raise the funds. The last thing he wants is to be the owner but stuck in the relic that is Blundell Park, I suppose. He needs serious money to build that new ground.
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Rik e B
September 11, 2019, 11:06pm

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"We have been working with Tom Shutes to acquire the football club."

🤔

Perhaps its more putting together the grand masterplan intertwining the Greater Grimsby Project and the Club et al than simply a struggle to find an extra few hundred K.
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HackneyHaddock
September 12, 2019, 12:24am
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Even the vehement among us (me included) regarding GYFR vacating the boardroom and new faces coming in, would be very sceptical of this type of acquisition.

No connection to the club or town, a string of failed club ventures behind them, god knows what business plan, and the use of shady front companies. No thanks.

As much as we're desperate for the Shutes bid to stack up and for JSF/GYFR to move from the Directors' Box back to the terraces, recent troubles with Bury, Bolton and now coming to light at Scunny have left me pleased that GYFR is doing due diligence.  Even more reassuring is the fact that this so-called "Proof of funds" test is not about GYFR holding out for money for his own gain, but to make sure the club has a financial buffer, and presumably also to make sure that things like debt-financing and smoke-and-mirrors stadium leaseback deals aren't part of the plan.

I think we all need to just keep being patient.
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louth_in_the_south
September 12, 2019, 7:28am

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Don’t know about everyone else but I’ve just about forgotten about the takeover- enjoying a semi decent season with matters on the pitch being fairly enjoyable 👍👍


Lower F5
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