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Fenty on proposed Shutes takover

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chaos33
November 29, 2019, 9:14pm
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Why would it take months and months and months to prove you have funds??! It’s absolute b0ll0cks.
Could do it in a day.


"You should do what you love while you can"
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promotion plaice
November 29, 2019, 9:36pm

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Quoted from golfer
If you look on "Company Check" Tom Shutes net worth £-2:.3m [minus] so that means I am £2,333,334 richer than him. If this is true I will put a bid in Monday morning. Meet your new owner and top shareholder. First thing I'll do is get rid of Cardwell and Shitehouse,put all those pies in the bin,and give free admittance to all those who vote Tory.

No mention of getting rid of Ring...... and it was going so well.


When Leeds trainer Les Cocker was once told Norman Hunter had broken a leg, he asked: “Whose is it?”
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Bigdog
November 29, 2019, 9:36pm
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Quoted from chaos33
Why would it take months and months and months to prove you have funds??! It’s absolute b0ll0cks.
Could do it in a day.


Reading between the lines.. the regeneration project as a whole that Shutes is proposing is much more than just a new stadium and includes a huge part of the designated area. It won't be him funding it on his own, it won't be funded solely by other investors and more likely also involve grants etc. I can understand the impatience, but how long has the whole of NE Lincs been waiting for regeneration? A lot longer than the absolute age that we've been waiting for a new stadium. It may turn out to be a false dawn, it may not, but good or great things don't come easy, especially in areas like ours and projects of this size, and in the grand scheme of things.. just under a year isn't a great deal of time to rubber stamp and underwrite ..
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golfer
November 29, 2019, 9:41pm
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Quoted from promotion plaice

No mention of getting rid of Ring...... and it was going so well.



Ring will be captain and goalkeeper-did you think I'd lost the plot.?
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lew chaterleys lover
November 29, 2019, 9:42pm
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Quoted from Bigdog


How are we going to miss out on Freemo exactly? Even if the Shutes takeover doesn't get over the line.. and even if the land at Freeman Street remains available.. where's the 30 mill going to come from to get it built? The manner and urgency of JF's deadline message suggests we'll move immediately ahead with a new stadium at Freemo if the Shutes deal falls through. Does that mean more pointing at build ready land and pretty pictures of fanciful stadiums, followed by a long winded blame game between the club and anyone with a vested interest or will JF finally back up nearly twenty years of empty words with some action this time? Pretty rich JF trying to give Shutes a deadline to get his ducks in a row less than a year since his initial enquiry, while JF's not even found a single duck in nearly twenty years, never mind finding enough ducks to try and make a row of them..


That is a great post. I just don't know how Fenty has the brass neck.
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Stadium
November 29, 2019, 9:49pm
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Quoted from Heisenberg


Try to envisage what sort of an undertaking is needed to fill in a dock, as has been suggested. That might cost more than building the actual stadium, Stadium.


Have you considered it might a part of a regeneration project and not limited to the building of a football stadium?
Maybe a good idea is not to dismiss it out of hand before we know the facts?



“There's nothing wrong with the car except that it's on fire.”- Murray Walker
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Vance Warner
November 29, 2019, 9:55pm
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I don’t know how he’s got the cheek to ask for proof of funds to move the club forward when he hasn’t got that himself. It’s not just cash we need but someone who understands what it takes to run a football club and appreciate a fanbase. JF doesn’t seem to have learnt from any of his mistakes.
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Stadium
November 29, 2019, 10:05pm
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Quoted from Vance Warner
I don’t know how he’s got the cheek to ask for proof of funds to move the club forward when he hasn’t got that himself. It’s not just cash we need but someone who understands what it takes to run a football club and appreciate a fanbase. JF doesn’t seem to have learnt from any of his mistakes.


Isn't that a EFL requirement for sale??



“There's nothing wrong with the car except that it's on fire.”- Murray Walker
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MuddyWaters
November 29, 2019, 10:26pm
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Don’t think that JSF comes across as overly keen to sell. People talk about a silver bullet but he seems to be looking for a platinum one with diamonds encrusted.
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Vance Warner
November 29, 2019, 10:28pm
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It’s an EFL requirement to show prof of funds to buy and run the club but the impression I get is that JF has asked to see enough funds to do more than that and no doubt get his ‘benign’ loans back as well.
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