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 DB |
| January 23, 2023, 12:36pm |
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Barley Wine Drinker  Posts: 18,924
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When 1878 partners Limited file their first accounts at Companies House ( now two weeks overdue ) we will know what they invested into the club . Facts we already know are that they spent £1.4 acquiring shares in Grimsby Town Football Club Ltd from various share holders including Fenty and stopped when they reached around 75% ownership. We know there was £750 k cash in the bank in the football club not £400k . We know that they haven’t injected any money into the club as equity despite Jason saying early on all investment woukd be equity not loans for sustainability . We don’t know yet know what 1878 Partners Limited has injected as loans to cover payments to Fenty ,infrastructure or operational cash flow or if all this was covered by cash inflow from the various transfers, the initial cash they inherited and income . The accounts will provide an insight into that. Why they are choosing not to file the accounts on time a criminal offence for directors and resulting in automatic fines for the company is also an unknown.
What I know is that 2 non Arab/American men have done well in their lives. Grimsby born men. They've made a few quid and want to reinvest some of it in what was a downtrodden football club, our club and the local community. They didn't have to and what they have done is to give us hope. So why the bloody hell do some on here want to knock them down at any opportunity they can. It is possible that BP could have been a housing plot if May had been installed into the old regime. Let us not forget what is happening down the road when an owner, who seems to have no integrity is in charge. |
| You can please some of the forumites some of the time but not all the forumites all of the time |
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| HertsGTFC |
| January 23, 2023, 12:51pm |
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Reputation: 75.4%
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Location: Stevenage
Approval: +22,991
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When 1878 partners Limited file their first accounts at Companies House ( now two weeks overdue ) we will know what they invested into the club . Facts we already know are that they spent £1.4 acquiring shares in Grimsby Town Football Club Ltd from various share holders including Fenty and stopped when they reached around 75% ownership. We know there was £750 k cash in the bank in the football club not £400k . We know that they haven’t injected any money into the club as equity despite Jason saying early on all investment woukd be equity not loans for sustainability . We don’t know yet know what 1878 Partners Limited has injected as loans to cover payments to Fenty ,infrastructure or operational cash flow or if all this was covered by cash inflow from the various transfers, the initial cash they inherited and income . The accounts will provide an insight into that. Why they are choosing not to file the accounts on time a criminal offence for directors and resulting in automatic fines for the company is also an unknown.
And so what? |
| "Crombie you would have got to that if you weren't such a fat ba%$@rd" - George Kerr, inspiration from the dug out 70s style  |
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| HerveJosse |
| January 27, 2023, 11:22am |
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Champagne Drinker  Posts: 2,176
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Some posters believe that being critical of anything 1878 do is being pro-Fenty. The two things are not mutually exclusive.
The interview with Jason today was great, he spoke knowledgeably about the pitch being 100 years old and ideally needing £1m spending on it but the long-term strategy of the club needs deciding first which I don't think anyone can argue with.
He was also asked about the commercial performance and admitted it wasn't very good so it's great to hear our owner doesn't have his head in the sand.
Any feedback yet on the new Commercial Manager Matt Disley. Presumambly he has taken over the Jo Taylor role? |
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| jamesgtfc |
| January 27, 2023, 12:10pm |
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Vodka Drinker  Posts: 6,054
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Any feedback yet on the new Commercial Manager Matt Disley. Presumambly he has taken over the Jo Taylor role?
Wait and see I guess. He's not come from a football background but if he can get next season's kit to arrive in good time and sell a few advertising boards he will have done better than Jo. |
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| HerveJosse |
| January 27, 2023, 12:27pm |
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Champagne Drinker Posts: 2,176
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Wait and see I guess. He's not come from a football background but if he can get next season's kit to arrive in good time and sell a few advertising boards he will have done better than Jo.
I guess ‘Go Ape ‘ will prove to be a good training ground for dealing with us lot |
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| forza ivano |
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from running a holiday camp to GTFC Commercial Manager is an interesting career swerve!
degree in Business and Sports Management tho
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| chaos33 |
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Barley Wine Drinker Posts: 11,619
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Location: The mountains
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When 1878 partners Limited file their first accounts at Companies House ( now two weeks overdue ) we will know what they invested into the club . Facts we already know are that they spent £1.4m acquiring shares in Grimsby Town Football Club Ltd from various share holders including Fenty and stopped when they reached around 75% ownership. We know there was £750 k cash in the bank in the football club not £400k . We know that they haven’t injected any money into the club as equity despite Jason saying early on all investment would be equity not loans for sustainability . We don’t know yet know what 1878 Partners Limited has injected as loans to cover payments to Fenty ,infrastructure or operational cash flow or if all this was covered by cash inflow from the various transfers, the initial cash they inherited and income . The accounts will provide an insight into that. Why they are choosing not to file the accounts on time a criminal offence for directors and resulting in automatic fines for the company is also an unknown.
‘Who invented the skip?’ |
| "You should do what you love while you can" |
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| ska face |
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Lots of pressing questions on the burning issues in here; looking forward to hearing them all raised at tonight’s forum, chaired by John Tondeur.
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| Mariner_09 |
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Whiskey Drinker  Posts: 3,549
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Does anyone know how we listen to it tonight?
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| I've wasted my life in black and white, a pathetic act for a worthless cause |
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| Mikey_345 |
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Cocktail Drinker  Posts: 1,876
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Does anyone know how we listen to it tonight?
It'll be on the clubs YouTube channel. |
| All Town aren’t we
@GTFCLondon
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