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Sell on

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vinno69
January 25, 2024, 12:53pm
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Hi
Have we got a sell on clause on Mattie Pollock? Looks likely to sign for Derby.
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Corkyefes
January 25, 2024, 12:56pm
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Possibly, but it will be based on profit.

Watford bought him for £250k and I dont expect him to be going to Derby for much more than that and would suggest Watford will just want to break even.

I wouldn't get excited about us making much money, even if any al all.
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Heisenberg
January 25, 2024, 12:57pm
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Quoted from Corkyefes
Possibly, but it will be based on profit.

Watford bought him for £250k and I dont expect him to be going to Derby for much more than that and would suggest Watford will just want to break even.

I wouldn't get excited about us making much money, even if any al all.


Didn’t that 250k go straight to Fenty too? Pretty sure it did.
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diehardmariner
January 25, 2024, 2:31pm
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Was part of that transfer windfall period (Grist and someone else, Dembele sell-on?) that went towards paying of Fenty.

So 3 transfer windfalls to pay him off.

1 cup run windfall that has basically gone towards repairs that should have been done at any period during his near 20 year reign.

I know it's crossing threads a bit but it's not that easy to stop blaming him is it?  The stench of his legacy continues to haunt us.
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arryarryarry
January 25, 2024, 3:07pm
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Quoted from diehardmariner
Was part of that transfer windfall period (Grist and someone else, Dembele sell-on?) that went towards paying of Fenty.

So 3 transfer windfalls to pay him off.

1 cup run windfall that has basically gone towards repairs that should have been done at any period during his near 20 year reign.

I know it's crossing threads a bit but it's not that easy to stop blaming him is it?  The stench of his legacy continues to haunt us.


I was never a fan of Fenty but if the funds that became available were paid to JF to clear his investment in GTFC then didn't our current owners suggest that they would look to be wanting their investment repaid should the club be sold again?
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diehardmariner
January 25, 2024, 3:13pm
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Sorry, you lost me when you said the words investment and Fenty together...

Cod Almighty did a fantastic piece which highlights just what Fenty didn't put into the club and what he took out.   Then let's not forget the issue of the shares that he, ahem, acquired, from the Trust - of which I believe he then sold.

I've no issue with anyone wanting a return on their investment.  You get nothing in this life for free and only a fool would write off substantial amounts for the sake of it.  No-one was asking that of Fenty, nor should they of 1878.
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diehardmariner
January 25, 2024, 3:14pm
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lukeo
January 25, 2024, 4:25pm
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Can someone put it in simple terms, over the 10+ years is that saying he actually only gave the club £35k ? Or did he make a profit from all his stupidity somehow
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diehardmariner
January 25, 2024, 4:59pm
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I think the one thing we can say is that John Fenty definitely isn't stupid.
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Bristol Mariner
January 25, 2024, 5:39pm

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Quoted from diehardmariner
Was part of that transfer windfall period (Grist and someone else, Dembele sell-on?) that went towards paying of Fenty.

So 3 transfer windfalls to pay him off.

1 cup run windfall that has basically gone towards repairs that should have been done at any period during his near 20 year reign.

I know it's crossing threads a bit but it's not that easy to stop blaming him is it?  The stench of his legacy continues to haunt us.


Imagine what that money could do now in good hands....


GTFC Exile, Bristol Mariners
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Bristol Mariner
January 25, 2024, 5:41pm

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Quoted from diehardmariner
Sorry, you lost me when you said the words investment and Fenty together...

Cod Almighty did a fantastic piece which highlights just what Fenty didn't put into the club and what he took out.   Then let's not forget the issue of the shares that he, ahem, acquired, from the Trust - of which I believe he then sold.

I've no issue with anyone wanting a return on their investment.  You get nothing in this life for free and only a fool would write off substantial amounts for the sake of it.  No-one was asking that of Fenty, nor should they of 1878.


Quickly makes way to twit of the week to vote for Fenty again


GTFC Exile, Bristol Mariners
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HerveJosse
January 25, 2024, 6:22pm
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Quoted from vinno69
Hi
Have we got a sell on clause on Mattie Pollock? Looks likely to sign for Derby.


How did that simple opening question become another Fenty thread within 3 posts
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IlkleyMariner
January 25, 2024, 6:32pm
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Quoted from HerveJosse


How did that simple opening question become another Fenty thread within 3 posts


If we have a sell on clause and he was sold for £250,000.    And Derby buy him for £250,000 or less we get nowt.

If the sell on was cot 20% say and derby pay £300,000, we get £10,000.   Don’t hold your breath.
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