Holloway

Interesting to hear Holloway say that all our contracts have a frustration clause in them which basically means we could release them all for very little tomorrow.

There will surely be a financial package available to EFL clubs at some stage, there has to be otherwise many clubs will sinply fold and surley the FA and EFL will not want that as it will devalue the product. how this financial package will work is another thing.

Maybe prem clubs contribute to a fund and EFL clubs recieve the equivalant of the last financial year turnover? or maybe not the full year, maybe the turnover gained last financial year between March and October for example? that would atleast free up cash and enable clubs to sign players as normal or as close to normal as possible.

I note that a consevative MP has written a letter of proposal of a football alliance fund and this was countersigned by Phillip Day.

I think if financial aid is sufficent enough then clubs can still have a reasonable squad of players for next season whenever it starts and players previously not offered a deal for example Hessenthaler may be offered one later on? I assume that would happen at most clubs if the financial aid is sufficent.

We could start the season in October where hopefully the virus will be on its way out and we can play in front of fans again? that may be a tad optimistic

When you look at our board of directors apart from Fenty and Ollie very few shares have been purchased by the rest.

A nice gesture by them to buy a few.more might help the crowdfunder grow.

I will not hold my breathe though.  

How the holy intercourse can any of our own supporters be negative about ian Holloway? The guys put a buzz back into the club and is a great ambassador for us.
I think it better if you can’t support the club when we have such a positive manager then go find another club to support because you are not a supporter of Grimsby town.
Apart from the current crisis we have no reason to be down about the club.

Would fenty be willing to put the club into administration if we couldn't pay wages, since he presumably he would be the one to lose out as he is owed 1 million plus which the club would then no longer have to repay in full.  Or is that incorrect? What is the difference between going into administration and being wound up?

Is the penalty administration 10 points or 12 now? Could be a lot of teams starting on minus 10 or 12 next season in league 2.

Personally I think an end to th rule saying football contracts must be paid in full in order to keep your efl place may be ended if the PFA do not accept across the board wage cuts, surely inevitable.

The other shareholders including small and large amount,would surely hold a meeting To discuss what to do.Cant see the club would ever go into administration.If Mr fenty and the current board can’t afford to run the club then sell it.Us as fans do not deserve all this bad feeling in our beloved club

Just out of interest how easy would it be for Ollie to do one bearing in mind he has bought into the club.

I fear this crisis could have made him reassess his future, hope not, best thing that's happened to us in a long time.

One would assume his contract etc would contain that information. I’d imagine if he wants to resign the board would have to accept his resignation and stump up his 100k?

I wondered how long it would take before someone came along and told us all that we should support the manager and if we don’t like it go and support someone else...took longer than expected...

I think the doubts that have crept in are normal and natural, not helped my Holloway jumping on the clubs band wagon of having a pop at a man that wouldn’t play their games.

Is Holloway any good? Who knows, we’d improved and then in the odd game we were still woeful. Is he here for the long haul? Again, who knows but conversation is just that and people are entitled to their opinion. Many have been taken in and are fully behind the whole Holloway thing, others, and understandably so, are a little cautious...

Quoted from aldi_01

One would assume his contract etc would contain that information. I’d imagine if he wants to resign the board would have to accept his resignation and stump up his 100k?

I wondered how long it would take before someone came along and told us all that we should support the manager and if we don’t like it go and support someone else...took longer than expected...

I think the doubts that have crept in are normal and natural, not helped my Holloway jumping on the clubs band wagon of having a pop at a man that wouldn’t play their games.

Is Holloway any good? Who knows, we’d improved and then in the odd game we were still woeful. Is he here for the long haul? Again, who knows but conversation is just that and people are entitled to their opinion. Many have been taken in and are fully behind the whole Holloway thing, others, and understandably so, are a little cautious...

Someone's always got to have an opinion (doesn't make it correct though).  I cant believe what I've been reading in this thread about IH, he's done nothing wrong in my eyes, yet some just feel the need to have their 10p worth and make the whole world know how they feel about IH.  Your probably one of these fans that cheers and congratulates an appointment of a manager (like Newell) then to turn around and start blasting the very manager you applauded (double standards).  I get you probably don't like IH (or the way he conducts himself as a human being), but that's were you should just leave it, its not like IH has had an awful start to his GTFC career, so the criticism I feel is completely unjust and bitter.   Personally, we are so bloody lucky to have someone of IH ilk, and I felt great times are ahead (maybe a bit harder now).

Quoted from jamesgtfc

Interesting to hear Holloway say that all our contracts have a frustration clause in them which basically means we could release them all for very little tomorrow.

A frustrated contract isn't a clause, it's a situation where through no fault of either party, neither are able to meet their end of what they entered into the contract to do. It's very fitting for this situation, players can't play football and the clubs can't afford to pay them. Of course, nobody wants to go down that route, or else we already would have done it.