Jason Stockwood on Radio Humberside Weds evening

I personally think I’d rather the £££ went to him so that his ‘football legacy’ can be a thing of the past. We’ve all heard (rumours) about his dealings with players and fans alike so let’s just be glad and thankful that, although a league below, we are on a stronger footing than this time last year. I look forward to listening to the interview later and by the sounds of it, how transparent it is.

Now, can we go back to speculating about jizz or something!

I can’t believe Fenty is still able to live in this Town with the pain he has caused thousands.

Quoted from pontoonlew

Whilst it’s obviously disgraceful that Fenty gets money out of this, we’re running over old ground and we knew this was happening beforehand.

Paying him off early means future playing budgets will benefit, we’re not going to just ‘not see’ the transfer fees, it just means we’ll see the benefit of them slightly later on and we’ll be rid of Fenty quicker.

True but how often have we had 3 seperate transfers make an amount like this in such quick succession? Last one was Bogle I suppose but rare prior to that. He never has and never did love the club as much as he said.

Quoted from LH

True but how often have we had 3 seperate transfers make an amount like this in such quick succession? Last one was Bogle I suppose but rare prior to that. He never has and never did love the club as much as he said.

We all know where the Bogle money went too…

I get and understand the argument about getting him off our backs sooner rather than later. However the fact 100% of all our transfer revenue, be that new transfers or add ons being triggered, just doesn't sit right with me.

Would be totally fine with a percentage because, say what you like, he has "benign" money in the club which needs to be repaid which is fair enough. That would at least allow us to reinvest a proposition of our earnings back into the club, to improve things like the youth team, the facilities and playing squad - things which were neglected under JF. Which then allows us to better secure our sustainability in the medium to long term.

However, now its up to JS, AP & and ourselves (tickets etc) to pay for his mistakes. Over the years we have dipped in our pockets time and time again to support things like (but not exclusively) the youth team as funding was lost in non league and the non chairman wasn't able or willing to fully fund it. Two products of that youth team in Pollock and Grist get Premier League moves and who get's that cash....John Fenty.

Maybe we should have a countdown thread on here counting down every penny till he’s properly gone then have a fundraiser in celebration.

benign
/bɪˈnʌɪn/

adjective
1.
gentle and kindly.
"his benign but firm manner"
Similar:
kindly
kind
warm-hearted
good-natured
friendly
warm
affectionate
agreeable
amiable
good-humoured
genial
congenial
cordial
approachable
tender
tender-hearted
soft-hearted
gentle
sympathetic
compassionate
caring
considerate
thoughtful
helpful
well disposed
obliging
accommodating
generous
big-hearted
unselfish
benevolent
gracious
liberal
indulgent
benignant
Opposite:
unfriendly
hostile
2.
MEDICINE
not harmful in effect.
"a benign condition"

Some people just love money above all else. Fills a void.

Like it or not, that's the deal that was agreed to wrest the club away from him and as painful as it is to see transfer fees going out of the club to pay off the previous custodian, it's all leading to the day when he no longer has any kind of hold on the club.

The sooner he is paid off the better, no matter how much it rankles. I hope he's happy counting his cash.

So did JS & AP just take the club off Fenty’s hands for no fee, with the agreement he would get his money back when we can pay him?

I obviously, incorrectly assumed they had a paid the debt off to him.

I’m still pleased he’s gone, but naively disappointed we’re still in debt, all be it with better owners

Quoted from NorthseaMariner

So did JS & AP just take the club off Fenty’s hands for no fee, with the agreement he would get his money back when we can pay him?

I obviously, incorrectly assumed they had a paid the debt off to him.

I’m still pleased he’s gone, but naively disappointed we’re still in debt, all be it with better owners

They bought his share capital which included the 200k worth of shares given by the trust. With an agreement to repay his loans within the club over a three year period i believe.