More to this appointment than we think?

Quoted from Rik e B

Wouldn't Holloway have just bought 100,000 new shares at £1 a piece?

Yes, but what is puzzling me, is how he's going to sell them.

Quoted from TheRealJohnLewis

Yes, but what is puzzling me, is how he's going to sell them.

Like Swin has mentioned elsewhere, I reckon there must be an agreement in place where Fenty’s guaranteed to buy them back if/when he leaves. Fenty had floated the idea only two weeks back about purchasing more shares himself to inject some cash into the budget, so convenient that they’ve found a manager willing to do it for him. So the money goes in now, Fenty delays his outlay to some point in the future and Holloway isn’t left as a major shareholder in a club he’s left. That’s only a guess, mind.

This isn’t a dig at anyone or a conspiracy theory before people start crying, just trying to get an understanding of the situation.

Nah Ollie will keep his shares and in 10 years time when we are a solid bottom half championship side he will retire but stay on the board...... Or I can dream anyway

Why do people on here always look for a downside, or a conspiracy theory to try and put a downer on what has been an excellent week for GTFC and us fans?
I cannot get my head round some of the drivel posted by certain fans on here. They are never ever satisfied. If we won the champions league and league titles they would still moan about how much money shareholders make out of their shares.

If we are in a new ground in the Championship, his shareholding will be worth more. He's backing himself to succeed, whilst showing long term commitment to the cause.

This is not a normal managerial appointment and i think he's looking to establish foundations here after his management days are over. Looking back to what JF said at the board meeting about getting away from managers coming and going and the squad changing every time we get a new man in- this looks to be a move to a more director of footy approach, with a recognised playing style and players coming through from youth to first team, overseen by a figurehead.

IH clearly thinks the new ground is more than a possibilty and going on his comments about his time at Blackpool, i think he sees us as the team to repeat that, but this time he wants to reap the rewards of his achievements.

Just need the new ground and the achievements to happen now. Over to you IH and the board.

Quoted from Rik e B

Wouldn't Holloway have just bought 100,000 new shares at £1 a piece?

It all depends whether he bought A or B shares. Part of my job is to facilitate A share sales and generally they have a basic “book value” of between 50p and £1 per share in the case of Town the A shares are the ones that the public can buy. Though they have that value in theory the seller and buyer could negotiate based upon a perceived value calculated on profitability, cash position and most importantly in this case future activity. A shares don’t necessarily give you a board seat but do earn a dividend.

B Shares are the ones that usually have the most value as they do get you a seat on a board and as well as owning the shares from an accounting point of view you own the cash in the business, again the value usually sits in the eye of the buyer.

Not sure which ones IH bought and don’t care TBH as there is no hidden agenda or conspiracy in my view, it’s just someone wanting to make a difference IMHO

I invested £100 in a block of shares. I didn't do it to make money but to say that I own a small part of my club.

Don't suppose for a minute that Ollie is doing the same thing do we? Or is he trying to make money out of GTFC? (not a chance!) 😎

I am not looking for a conspiracy about the latest managerial appointment or his purchase of shares, as I’ve said previously I am as positive about this as everyone else, but my thoughts are on how Mr Fenty acquired an additional wad of shares for nothing, though they have a monetary value. Then he makes various “benign” loans to the club, which he is now taking back at around £200 to £250 grand per year, but I assume is keeping the given shares. So in theory he should only take back his loan money less the value of the given shares or in theory will he eventually make a profit on his loans plus shares. If I am incorrect then I’m positive someone will point out my error.

JF said in his interview that he he is buying shares to put money into the club which WILL be used to fund new players. As it stands at the moment we have money but cannot use it on players. This is why he is doing it.

Yes despite Ollie's investment Fenty is still going ahead with share-buying to boost his warchest, the money from Ollie will definitely be available to boost next Seasons he said.