Board Statement

I don't know where to start with my contempt for that statement.

Noticeable omissions around the board consorting with a convicted criminal (although nobody was hurt by his crimes...) and the chairman being involved in a company with said convicted criminal....

Change cannot come soon enough.

Who is this person responsible for recruiting players,is his appointment an acknowledgement the Board did not trust Hollowheads judgment.

Also can the trust members of the board now go public and explain to us who exactly made what calls and what did they have to say about it ?

Quoted from grimps

I’d expect most of our budget was spent in January on a new squad and manager after trying to get away with spending none of it in the summer

How does Day explain then that we were about to exceed the salary cap at the back end of 2020?

Quoted from grimps

Also can the trust members of the board now go public and explain to us who exactly made what calls and what did they have to say about it ?

Don't hold your breath.

Quoted from Kris2

Just another typical Fenty statement that we've seen time and time again from this board. "Not our fault", yet the board is the only constant in all the years of failure and inability to turn those around before we are deeper in the excrement. How many different managers and staff will they blame before admitting they've got things very wrong?

In his head, Fenty doesn't think he's got anything wrong

Also in his head, those loans of his have already been written off

Hmmmm... wonder how that's going?

I can barely contain my anger at what these people (or that person) has done to our club. I would have been angry if they'd said nothing and I'm angry at this attempt to pacify me.
The reason the budget is the 12th highest in the league is because we've employed about 45 players, most of whom have been incompetent. Had we recruited 21 competent players the budget would probably have been below average and we'd have survived with comfort
We could go on for hours about the issues but the one last thing that I have to say regarding John Fenty. I don't have a problem with him walking away with his money, but the 200k of trust shares is a scandal, unless of course he comes out and makes a public statement committing to return the money to its rightful place

FFS

Quoted from Chrisblor

https://www.grimsby-townfc.co.uk/news/2021/may/a-statement-from-the-board/



Very sad that our state of the art GPS trackers and 12th highest budget in the league weren't enough to avoid relegation. World class buck passing job from the outgoing board here.

All in all that’s a reasonable and honest statement, at a time when the supporters deserved some information to answer so many of the questions and opinions that have been voiced/written by the fan base.

It doesn’t seek to hide from the facts and the reality of the situation, and it does not seek to disown the part the board has played in this seasons demise.

It explains clearly about several matters that both the fan base and the media have discussed and reported on. Many of which the fans were deserving of explanations and clarification about these matters.

I appreciate the statement and I’m grateful for it, even though I am still highly disappointed with relegation and the part that the board has played in it. But relegation really isn’t the end of my world, and I’m grateful that at least the board did act in a responsible manner in legally fulfilling its fiduciary duty as directors, in order to maintain a financially sound and solvent business at the football club.

I look forward to the new investors now coming in, to what is already a stable financial situation, and I am excited about the prospects for the future. I’m really looking forward to the challenge of the National League and returning to the EFL as soon as possible.

#UTM

Me thinks that he protesteth too much. A fish rots from the head first.

A Board are accountable for results.  More so in football, the ultimate competitive business.  Results and league tables at the end of the season are everything. The Board failed.  Everything happens from their lead, governance and decisions.  The latter terrible decision in appointing Holloway was terminal.

We were relegated.  Nothing else matters.  Words cannot justify their and the team’s failure.  Wearily words are no substitute.  Frankly, the statement is an insult to the fans.

Condescending to the end.  No change there then.

We close one dire chapter and move onto pastures new.  Thank God for that.  How we have suffered for so many years.