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Private limited company

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The Grim Reaper
April 16, 2021, 2:46pm
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I am like most Town fans keen for the takeover to happen but i have a few reservations about GTFC being a Private Limited Company.  

After our fans have hounded the owners to death, can they walk away and sell BP to developers for instance? Can they basically do whatever they want without being answerable to anyone or facing scrutiny? Can they do what Steve Dale did to Bury?

Just a thought


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ska face
April 16, 2021, 2:49pm

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Owners doing what they like with no accountability, no interest in fans or the club long term, dealings with dodgy developers potentially with criminal backgrounds.

Sounds awful. Glad we don’t get any of that as a PLC.
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aldi_01
April 16, 2021, 2:54pm

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Quoted from ska face
Owners doing what they like with no accountability, no interest in fans or the club long term, dealings with dodgy developers potentially with criminal backgrounds.

Sounds awful. Glad we don’t get any of that as a PLC.


This...


'the poor and the needy are selfish and greedy'...well done Mozza
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jimgtfc
April 16, 2021, 4:47pm
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This is an excellent short video by Tifo football explaining what both private and public limited companies are and the pros and cons of each. Worth a watch

https://youtu.be/tMCSKud8Ngs


"Falls to Arnold... Arnold! That's it! Thats it! He's sealed it! Grimsby Town are back in the football league!!! Just a minute to go and Nathan Arnold makes it 3-1! Look at the scenes behind the goal! Look at the relief! The agony is finally over!!!"

John Tondeur - Wembley Stadium Sunday 15th May 2016
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grimsby pete
April 16, 2021, 7:00pm

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Jason and Andrew are both honest men and big fans of our great club.

So I believe every decision they make will be for the benefit of the club.


                             Over 36 years living in Suffolk but always a mariner.
                             68 Years following the Town

                              Life member of Trust

                               First game   April 1955
                               
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The Grim Reaper
April 16, 2021, 8:05pm
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Excellent. Thanks Jim


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wigworld
April 16, 2021, 8:23pm

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Quoted from grimsby pete
Jason and Andrew are both honest men and big fans of our great club.

So I believe every decision they make will be for the benefit of the club.


I somewhat agree Pete, but jason and Andrew won't be around forever. Need an eye on the mid to long term as well.
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moosey_club
April 16, 2021, 8:40pm
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Quoted from wigworld


I somewhat agree Pete, but jason and Andrew won't be around forever. Need an eye on the mid to long term as well.



Let them takeover first though at least


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2021/22 WDWWWWDLWWWWLLLWLLDLWLLWWDWWWLWDLWWDWWWDLWD play offs WWW Promoted 🥳
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2018/19  LWDDLLLLLLWWDWLLLWDWLWWWWLLLLWWWWDLLLDDLLDLWLW Hello Scunny  
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KingstonMariner
April 16, 2021, 8:41pm
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You can’t rely on the good intentions and sound judgement of two men for ever. Even if they are better than what we’ve got at the moment. It’s a big step forward, but like Wigworld says, we’ve got to think longer term.


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For in our hearts the dreams are still the same.
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gtfc98
April 16, 2021, 9:46pm
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It makes absolutely no sense at all for a company the size of Grimsby Town to be a Plc. Regardless of Plc or Ltd status the people with a controlling stake in the company have exactly that, control. If Fenty had wanted to sell off BP the only person who could have stopped him from doing so is Mike Parker, it works exactly the same now we're going private. A big plus to going private is how much it cuts down on beaurocracy which is unnecessary, time consuming and inherently expensive.


No longer Sick of the BlueSquare  
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