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What is the point of the trust.!!

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pizzzza
December 30, 2019, 10:31am

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Quoted from MarinerWY


I imagine people laying in accusations that the trust were bullied by fenty, capitulated etc. did join up and vote at the time?


Hindsight is indeed a wonderful thing but so are the facts. Basically Fenty threatened the sale of Liam Hearn unless the shares were handed over and also the Trust controllers recommended that the membership vote for handing over shares.
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SomeSanity
December 30, 2019, 10:44am
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Quoted from pizzzza


Hindsight is indeed a wonderful thing but so are the facts. Basically Fenty threatened the sale of Liam Hearn unless the shares were handed over and also the Trust controllers recommended that the membership vote for handing over shares.


I believe the term selling of the assets was used. Like many others I panicked and voted to hand the shares over.

Again, this was a collective decision by all members of the trust board at the time cannot be held solely to blame for this. If I remember rightly, they were a fledgeling board, Learning how to deal with the club. In hindsight I feel these guys are a rabbit caught in the headlights.

That said, none of this actually matters now That said, none of this actually matters now,  Hearn was crocked just a few short months later and the rest is history.

In regards to the point of the trust, they are seemingly in bed with a club and I will believe that until somebody shows me otherwise. It is very sad that just a few short years ago we as a collective achieved operation promotion lead by some forward thinking guys. Unfortunately, as we all know these people are no longer involved for whatever reason. And the other fact remains, if people want the change from within the trust they have to get involved with the trust. Fresh blood required I think.
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dapperz fun pub
December 30, 2019, 10:50am
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When those shares were handed over the trust finished for me
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aldi_01
December 30, 2019, 10:52am

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Don’t forget that the club itself does not regard OP as a success, nor does it see the point of the Trust. It’s tokenism from the club and as I stated earlier, plenty of discussion about the Trust could be had but at this stage, as a collective fan body, trust member or not, our attention should be aimed at ousting or influencing change at the top...

We all know there are those that for some odd reason cling to the nonsense that Honest John saved us, that he’s just doing his best and all that balderdash but if the fans actually mobilised then those with those views would be suppressed and the board would excrement it...as they usually do when the fans mobilise...


'the poor and the needy are selfish and greedy'...well done Mozza
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TheRealJohnLewis
December 30, 2019, 11:23am
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Serious question to the trust and JF.  When JF sells all his shares to relinquish control of the club, will he be gifting the shares back to the trust or will he be profiting the half-million?
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aldi_01
December 30, 2019, 11:53am

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Quoted from TheRealJohnLewis
Serious question to the trust and JF.  When JF sells all his shares to relinquish control of the club, will he be gifting the shares back to the trust or will he be profiting the half-million?


I think we all know the answer to this...let’s face it, I think we’d all agree he probably sees it as his rightful cash/shares anyway...


'the poor and the needy are selfish and greedy'...well done Mozza
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Yoda
December 30, 2019, 1:54pm
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The trust is dead and morally bankrupt gifting all those shares to JF was a disaster.
As for joining the trust to change things i wouldn’t give the trust a penny.
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barralad
December 30, 2019, 5:23pm
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Facts are us.
The decision to gift the shares to JF was taken as the result of a properly constituted vote. I hand delivered voting papers to the significant local membership for whom we didn'the have e-mail addresses.
We were a new board. The decision of Mr Parker to gift us his shares was done to the previous Trust Board-all of whom without exception had advised of their intention to quit.
The first decision the new board had to make was whether we should recommend the shares be handed to JF. At the time without the benefit of hindsight JFs threat to liquidate resources was impossible to ignore. The Trust Board decision was not unanimous and some members left almost as soon as they'd joined.
The result was overwhelmingly in favour. Not that I'm bothered personally but the Trust were in a probable no win situation. Had we recommended "no" and J.F had enacted his threat the same people criticising the "yes" recommendation would be the same people blaming the Trust for a longer spell in the National League because we'd sold our best player(s). Comes with the territory I guess.


The aim of argument or discussion should not be victory but progress.

Joseph Joubert.
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arryarryarry
December 30, 2019, 8:19pm
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Whatever anyone says it was still a balderdash decision for the Trust to drop their trousers, bend over and get shafted.
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Yoda
December 30, 2019, 8:34pm
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Fenty was bluffing he would want to see town go down and his investment fall to zero.
He bluffed the trust and they fell for it.
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