Club Statement.. Fenty stepping back / down!

Initially I was a bit miffed about his comments regards underpinning financial shortfalls and supporting the Trust, but the more interesting part is about how the budget for next season has already been agreed.

Two ways of looking at it - largest ever at this level.  Whilst we could think it's a big push for next season, it could also be very much along the lines of when the club promote how many season tickets they've sold in a monetary value, i.e a game of smoke and mirrors.  Just with any increase in inflation, wages, costs....things cost more year-on-year.  A striker we may have got for £800 a week in 2016 is now worth £850 a week.  

I'm not sure either way, I just found it interesting if we've already set it.  

If the budget’s already been set they must have some target for season tickets to be sold. It’ll be interesting to hear (perhaps tonight, hint hint) if they’ve been ambitious with it or if they’re just going off 3k again.

Quoted from louth_in_the_south

You’d imagine that on IH’s travels around the football world he’ll have made friends with many backers of football clubs who may just be sniffing around .

Yeah, what was the name of that nice family at Blackpool when he was there?  

Quoted from ska face

If the budget’s already been set they must have some target for season tickets to be sold. It’ll be interesting to hear (perhaps tonight, hint hint) if they’ve been ambitious with it or if they’re just going off 3k again.

Exactly!

If only there was a way of selling season tickets now, therefore absolutely guaranteeing your income for them and allowing you to set a budget accordingly.   Then using any additional sales to top up said budget.  

Largest playing budget next season we've had with Ollie at the helm (literally)

Perhaps next seasons budget was discussed and agreed during initial negotiations with Ollie...  

Quoted from BobbyCummingsTackle

Hmm, I'm always conflicted about Fenty. There's no doubt he kept us afloat financially when it might have been easier to go to the wall and we have to be grateful for that.

But, under his 'leadership' we have been to the lowest point the club has ever known. He's made some poor decisions about managers (Newell, Bignot) that looked to have been driven by money (or lack of it) and his sheer bloody mindedness has been difficult to get round. His PR is awful as well, he often threw his toys out of the pram when the general consensus didn't agree with him - big fish in a small pond.

And he remains the largest shareholder - he has the final yes or no.

I'd like to say that I'm pleased to see him go, but he hasn't.

My thoughts too

If we'd have secured that promotion under Slade then maybe his tenure at the club might have been totally different but from the moment we failed at Cardiff, the club seemed to go on a downward spiral and JF seemingly wanted total control but had neither the vision or maybe the finance to address the ensuing decline

We were in the doldrums for some time before our relegation and while we managed to get back in to the league, it was as much good luck as it was good judgement

If we're now heading towards a brighter future under IH then I'll happily accept that JF deserves some credit for his appointment and if in time he can manage to claim back some of his "investment" ( I use the term loosely ) then so be it but I'm not forgetting that only two months ago we were still drifting aimlessly towards non-league again.

Today's news is just glossing over what has gone before.... I'm prepared to look forward to him having less day-to-day input but wonder just how much control he's actually relinquishing

Onwards and upwards anyway.... we're on the march with Ollies Army!

UTM ATAW GTID

I would assume Mr Fenty had to decide between running GTFC every day or the council every day, it appears the council have won, although some opposition politicians may not think that. It’s good that he will cover any losses if they occur, at least that in theory takes that headache away from those running the club. My thought is, do we now have a chairman who represents us at league functions etc, and if Ollie is to be doing more directorial duties I hope his footballing side will not be harmed.

It seems a bit of a mixed bag for me, but generally a positive I believe.
I'm glad that we are in a position that JF can back off a bit. Not exactly with head held high, but not hounded out as such.
I don't do this     'so and so is a right girl private'  oh, I've just heard he's passed away  'well he was alright really I suppose'
So I'm struggling to say something too nice. However, I do believe he tried his best, but just couldn't get the running of a football club.   Especially towards the end when he had definitely lost the fan base. So I guess that IH could not only be the saviour of the club, but maybe that of Johns sanity as well.  I would still like to see another director (preferably a fresh face) join the club as I'm not entirely sure that Messr's Day and Marley are equipped to run it accordingly.
The 'biggest budget' is a very ambiguous statement.  It could be £10 more than this years for all we know, but I do doubt that.  It's too early to judge, but performances on the field (our PR base   ) should help initial season ticket sales/renewals.  And quality signings should see even more.

As a long standing Town fan, I am always full of hope that 'next season' will bring us the rewards that the fans deserve.
And recent events have done nothing to change that.

UTM

As a long term critic of the board and Mr Fenty, I'm not going to be so shallow as some on here have been. In his favour, he kept the club afloat when maybe administration would have been the easy option and has always had the cojones to front up when others might not have done.

I'm delighted that Mr Day is now at the front of the board because the others (Chapman & Marley) fill me with dread and also that a budget is set for next season albeit it would seem a tad premature prior to ST sales. I also totally see the necessity for Mr Fenty to commit to either club or council (interestingly he's up for re-election this year) and hope that this enables him to assist in whatever's necessary to push the stadium relocation.