Derby County going in to admin

Quoted from RonMariner

Regarding Leicester, didn’t the developers who built the Walkers Stadium end up writing off £30 million due to the administration?

We were in the same division when the itv digital debacle happened. They entered administration in October 2002. If we’d done the same? JF not on the board then? But because of that, ended up back on the board soon afterwards?

Though miraculously they cheated their way to the premiership afterwards!

I think Fillipe is talking about the ITV collapse i'm guessing its then that JF could have gone into admin (not sure what his benign loans were at that time).

Quoted from Meza

I think Fillipe is talking about the ITV collapse i'm guessing its then that JF could have gone into admin (not sure what his benign loans were at that time).

To me that was the end of Grimsby. By the actions at the time of the itv digital collapse stopped any real funding coming into Grimsby and all we had was sticking plasters unto May 2021. Whatever the faults, to be fair they’re all on JF, but no one else until last year came forward with any pan to take the club further.

That is twenty years of missed opportunity?

Quoted from exiledmeggie

To me that was the end of Grimsby. By the actions at the time of the itv digital collapse stopped any real funding coming into Grimsby and all we had was sticking plasters unto May 2021. Whatever the faults, to be fair they’re all on JF, but no one else until last year came forward with any pan to take the club further.

That is twenty years of missed opportunity?

A few people came forward but there was a common theme, working with John Fenty was impossible.

We then come to the terms of his not so benign loan and it's no wonder we had to endure 18 years of him.

Quoted from jamesgtfc

A few people came forward but there was a common theme, working with John Fenty was impossible.

We then come to the terms of his not so benign loan and it's no wonder we had to endure 18 years of him.

And I suppose you agree that after itv digital debacle, no one came forward to support the club. We were left with the sticking plaster of a local. Whatever the faults of the past, we did not enter administration. But it left the club at the bottom.

Quoted from exiledmeggie

And I suppose you agree that after itv digital debacle, no one came forward to support the club. We were left with the sticking plaster of a local. Whatever the faults of the past, we did not enter administration. But it left the club at the bottom.

This club has never entered administration because the people in power at the time would have lost more than anybody else.

Administration also has a detrimental impact on the small business supplying the football club but Fenty proved he doesn't give a damn about the community when he got his convicted criminal of a best mate to have a discussion with the council about regeneration.

Quoted from jamesgtfc

This club has never entered administration because the people in power at the time would have lost more than anybody else.

Administration also has a detrimental impact on the small business supplying the football club but Fenty proved he doesn't give a damn about the community when he got his convicted criminal of a best mate to have a discussion with the council about regeneration.

Good points. Not going into administration has created the footings we have now. But apart from the mortgage broker who was bent, no one encamped forward to put money into the club. Only those that could lo@n money we’re around..

That now is the past.

What fir the future?

Quoted from exiledmeggie

Good points. Not going into administration has created the footings we have now. But apart from the mortgage broker who was bent, no one encamped forward to put money into the club. Only those that could lo@n money we’re around..

That now is the past.

What fir the future?

What about Mike Parker? He actually bought shares rather than lent the money like Fenty did.

Quoted from exiledmeggie

And I suppose you agree that after itv digital debacle, no one came forward to support the club. We were left with the sticking plaster of a local. Whatever the faults of the past, we did not enter administration. But it left the club at the bottom.

We will never know if anyone else would have come forward. JF was the first to put his money in, so no other interested parties would have come forward knowing that the club had changed hands. If JF didn't come forward then we could have had the best chairman in the world and be playing the champions league. We could have gone down the same route as Bury and Macc. We will never know how it could have panned out, all we do know is that what we did get was proper MF, who was only looking for a football fortune and to line his own pockets.

Think we were told at least two separate groups had come in to buy the club, but the previous custodians didn’t fancy what was on the table. I think one of them ended up buying Wycombe?

Given what’s emerged in recent months, you have to wonder what it was that caused negotiations to collapse. The insistence on siphoning future transfer fees? Wanting millions paid up in full to the detriment of the football club?

Who knows just how many chances we had to get rid of the worst - literally, the WORST - custodian who has ever sat in the chair, but were knocked back for personal or financial reasons.

Nevermind eh.