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Posted by: wiggers, November 19, 2017, 7:32pm
Can my fellow fishy posters explain to me how the GTFC board are elected and who exactly is on it? I never see any other GTFC board member commenting on any GTFC topic other than Fenty. Admittedly I only get my Town info from the Fishy and the Grimsby Telegraph....Thanks
Posted by: crusty ole pie, November 19, 2017, 7:37pm; Reply: 1
Mr. F is the spokesman for the board no one else is allowed to go public
Posted by: HertsGTFC, November 19, 2017, 7:37pm; Reply: 2
I think you have to be nominated by the existing board and voted on, which if correct explains it all really.

Would be interesting to know how much they have put into the club on an individual basis, I suspect in football terms very little.
Posted by: grimsby pete, November 19, 2017, 7:40pm; Reply: 3
Quoted from crusty ole pie
Mr. F is the spokesman for the board no one else is allowed to go public


Apart from Wraith who was told he could  comment on us bullies;
Posted by: ginnywings, November 19, 2017, 7:43pm; Reply: 4
Fenty

Chapman

Day

Marley

Trust bloke.

No idea how they get elected.
Posted by: MuddyWaters, November 19, 2017, 7:50pm; Reply: 5
Quoted from grimsby pete


Apart from Wraith who was told he could  comment on us bullies;


For a start, Steve Wraith isn't on the board. The other directors are Philip Day (retired solicitor), Stephen Marley (retired accountant), Jon Wood (Trust Director) and Michael Chapman (not very successful racehorse trainer).
Posted by: TheRealJohnLewis, November 19, 2017, 7:59pm; Reply: 6
Quoted from HertsGTFC
I think you have to be nominated by the existing board and voted on, which if correct explains it all really.

Would be interesting to know how much they have put into the club on an individual basis, I suspect in football terms very little.


Chapman - £500 shares
Day - £2500 shares
Marley - £2000 shares
Wood - £500 shares
Fenty - £975,000 shares

I assume the £2mil director's loans are all to JF and not any of the other board members.

Posted by: HertsGTFC, November 19, 2017, 8:00pm; Reply: 7
Quoted from ginnywings
Fenty

Chapman

Day

Marley

Trust bloke.

No idea how they get elected.


Same, but I would assume one is a lawyer the other an accountant and maybe the last one in construction or similar?

John has found a really good way of saving money on professional fees there I think, and on the back of this Ian Flemming is called the chief executive? but as he has no seat on the board isn't even part of the exec. WTF does he actually do?

Not corrupt at all by any means, but where he governance of the club is concerned as it's a closed shop for the boys in real terms it could be termed morally bankrupt.


Posted by: ginnywings, November 19, 2017, 8:11pm; Reply: 8
Fleming has been around forever. Way before the others and i think he is beyond reproach and a true club man.

The others are not there for their financial input, that's for sure. A Racehorse trainer with £500 of shares is not adding a lot that i can tell. When you look at how much they all have invested into the club in shares, it's a paltry and insulting sum given their privileged position at the club. Looks like a cushy gentlemans club and a throwback to the days when football boards were local bigwigs who lorded it over the peasantry.  :-/
Posted by: MuddyWaters, November 19, 2017, 8:19pm; Reply: 9
Quoted from ginnywings
Fleming has been around forever. Way before the others and i think he is beyond reproach and a true club man.

The others are not there for their financial input, that's for sure. A Racehorse trainer with £500 of shares is not adding a lot that i can tell. When you look at how much they all have invested into the club in shares, it's a paltry and insulting sum given their privileged position at the club. Looks like a cushy gentlemans club and a throwback to the days when football boards were local bigwigs who lorded it over the peasantry.  :-/


Can't speak for Mr Wood but the rest look like 'yes'men to me.
Posted by: Grantley, November 19, 2017, 8:22pm; Reply: 10
On the subject of club staff, what was the point of appointing Graham Rodger again?
Posted by: grimsby pete, November 19, 2017, 8:22pm; Reply: 11
Never mind how they get voted on,

How do we vote one off ?

OC  I do know Wraith  is not a director, I was commenting on that Fenty is the only one to talk GTFC
Posted by: ginnywings, November 19, 2017, 8:24pm; Reply: 12
Quoted from Grantley
On the subject of club staff, what was the point of appointing Graham Rodger again?


He is listed as community coach and chief scout. Find us a striker then Graham.
Posted by: crusty ole pie, November 19, 2017, 8:33pm; Reply: 13
£500 of shares gets you a seat on he board little wonder mike Parker felt frustrated one man one vote
Posted by: wiggers, November 19, 2017, 8:34pm; Reply: 14
So is this the best group that John F can muster? It doesn’t inspire does it.....
Posted by: denni266, November 19, 2017, 8:49pm; Reply: 15
Quoted from TheRealJohnLewis


Chapman - £500 shares
Day - £2500 shares
Marley - £2000 shares
Wood - £500 shares
Fenty - £975,000 shares

I assume the £2mil director's loans are all to JF and not any of the other board members.


What a tin pot board  ;D
Posted by: Marinerz93, November 19, 2017, 9:12pm; Reply: 16
The majority of the Town board have been failing for years and as a closed shop decided by Fenty who comes on board or who he will sell to control over to.

[img]https://i.imgur.com/nXFZ4dv.gif[/img]
Posted by: mimma, November 19, 2017, 9:15pm; Reply: 17
The board is made up of shareholders. The more shares you have the more say you get.  We don't have many people investing in the club so we are stuck with what we have. If a benefactor were to come along and buy up shares they would be voted on to the board. If they want to control the club they would have to buy a majority stake by buying up over 50% of the shares.

Fenty has often said that he would sell his shares to the right person, but,so far nobody with the money has come in with a bid.

I suppose that is Fentys fault as well.

If and when the new stadium becomes a reality, we might become more attractive to investors. Until then there is nothing any one can do but sit and wait.

All the bile that is on this board is because of the dross we have to watch every week. Fenty is a fan like the rest of us, and will be just as angry at Slade as we are. Sooner rather than later he will sack Slade, and the manager merry go round starts again.

If by chance we get a decent manager and our fortunes improve all the bile will disappear and we get back to talking about the game and not the boardroom.
Posted by: Marinerz93, November 19, 2017, 9:20pm; Reply: 18
Quoted from mimma
The board is made up of shareholders. The more shares you have the more say you get.  We don't have many people investing in the club so we are stuck with what we have. If a benefactor were to come along and buy up shares they would be voted on to the board. If they want to control the club they would have to buy a majority stake by buying up over 50% of the shares.

Fenty has often said that he would sell his shares to the right person, but,so far nobody with the money has come in with a bid.

I suppose that is Fentys fault as well.

If and when the new stadium becomes a reality, we might become more attractive to investors. Until then there is nothing any one can do but sit and wait.

All the bile that is on this board is because of the dross we have to watch every week. Fenty is a fan like the rest of us, and will be just as angry at Slade as we are. Sooner rather than later he will sack Slade, and the manager merry go round starts again.

If by chance we get a decent manager and our fortunes improve all the bile will disappear and we get back to talking about the game and not the boardroom.


It seems to have missed you that fact that £2 million of bile loans are what are stopping investors, why would any sane person buy controlling shares which also means buying Fentys shares and not own the clubs assets, while the debt is there no one will come in. Mike Parker told Fenty this when he came on board in a press statement.
Posted by: Cloudy, November 19, 2017, 9:21pm; Reply: 19
Quoted from mimma
The board is made up of shareholders. The more shares you have the more say you get.  We don't have many people investing in the club so we are stuck with what we have. If a benefactor were to come along and buy up shares they would be voted on to the board. If they want to control the club they would have to buy a majority stake by buying up over 50% of the shares.

Fenty has often said that he would sell his shares to the right person, but,so far nobody with the money has come in with a bid.

I suppose that is Fentys fault as well.

If and when the new stadium becomes a reality, we might become more attractive to investors. Until then there is nothing any one can do but sit and wait.

All the bile that is on this board is because of the dross we have to watch every week. Fenty is a fan like the rest of us, and will be just as angry at Slade as we are. Sooner rather than later he will sack Slade, and the manager merry go round starts again.

If by chance we get a decent manager and our fortunes improve all the bile will disappear and we get back to talking about the game and not the boardroom.


Don't think changing the manager nor winning a few games ( or scoring a goal) will spare the fans anger towards JF. Just think it has got too far this time.

PS I don't think this is bile, it is genuine anger build up over many years.
Posted by: MuddyWaters, November 19, 2017, 9:25pm; Reply: 20
Quoted from mimma
The board is made up of shareholders. The more shares you have the more say you get.  We don't have many people investing in the club so we are stuck with what we have. If a benefactor were to come along and buy up shares they would be voted on to the board. If they want to control the club they would have to buy a majority stake by buying up over 50% of the shares.

Fenty has often said that he would sell his shares to the right person, but,so far nobody with the money has come in with a bid.

I suppose that is Fentys fault as well.

If and when the new stadium becomes a reality, we might become more attractive to investors. Until then there is nothing any one can do but sit and wait.

All the bile that is on this board is because of the dross we have to watch every week. Fenty is a fan like the rest of us, and will be just as angry at Slade as we are. Sooner rather than later he will sack Slade, and the manager merry go round starts again.

If by chance we get a decent manager and our fortunes improve all the bile will disappear and we get back to talking about the game and not the boardroom.


It will be by chance. The last decent manager we had only became decent after his mate got fired so that was more by luck than judgement and the current manager departed under a cloud when his ideas were current, now they're old hat.
Posted by: RoboCod, November 19, 2017, 9:25pm; Reply: 21
Fenty is a fan like the rest of us, and will be just as angry at Slade as we are

You have no idea if that is true. You could find out of course as he's 'approachable' and his door always open, but where you to ask him he'd call your question 'dribble' and ask you not bother him ever again.

That isn't bile it's a summary of his recent actions. The first half of your post is just just a cut and paste of his well rehearsed explanation that no longer adds up.
Posted by: mimma, November 19, 2017, 9:28pm; Reply: 22
Appointing a manager that becomes successful IS by luck. You have no idea what they will do until they get the job.
Posted by: KingstonMariner, November 19, 2017, 9:34pm; Reply: 23
Quoted from mimma
Appointing a manager that becomes successful IS by luck. You have no idea what they will do until they get the job.


So why not pick any Tom, male private or Harriet off the street then?
Posted by: Cloudy, November 19, 2017, 9:35pm; Reply: 24
Quoted from mimma
Appointing a manager that becomes successful IS by luck. You have no idea what they will do until they get the job.


There is an element of luck but by doing proper research and deep examination you improve the chances of getting it right.

Much better than taking your mate out to dinnner!
Posted by: ginnywings, November 19, 2017, 9:40pm; Reply: 25
Two things.

What makes anyone on that board more qualified than 5 random fans out of the stands to pick a manager? None of them have any background in or knowledge of the game.

Secondly- why is it that the only two people in recent times to put in any proper money are no longer around and didn't last that long?
Posted by: MuddyWaters, November 19, 2017, 9:48pm; Reply: 26
Quoted from ginnywings
Two things.

What makes anyone on that board more qualified than 5 random fans out of the stands to pick a manager? None of them have any background in or knowledge of the game.

Secondly- why is it that the only two people in recent times to put in any proper money are no longer around and didn't last that long?


I suspect you know the answers to both  ;)
Posted by: TheRealJohnLewis, November 19, 2017, 9:55pm; Reply: 27
Quoted from mimma
The board is made up of shareholders. The more shares you have the more say you get.  We don't have many people investing in the club so we are stuck with what we have. .


Not true doing a quick search and the following have more shares in GTFC than most of the current board but have no say.

Andrew Newman has £25,000 (1%) worth of shares. (dodgy ticket tout?)
The Mullens have £130,000 (6%) shares
The Trust has £320,550 (14%)
Mike Parker has £500,000 (22%)
John Elsom £75,500 (3%)
(Hopefully the above is correct as I had to search through a hundred odd pages of shares!)

For comparison, Fenty has 43%

The board is not made up of investors apart from Fenty and the Trust represented by Wood.

Posted by: headingly_mariner, November 19, 2017, 9:58pm; Reply: 28
Sack the board.
Posted by: MuddyWaters, November 19, 2017, 9:58pm; Reply: 29
Quoted from TheRealJohnLewis


Not true doing a quick search and the following have more shares in GTFC than most of the current board but have no say.

Andrew Newman has £25,000 (1%) worth of shares. (dodgy ticket tout?)
The Mullens have £130,000 (6%) shares
The Trust has £320,550 (14%)
Mike Parker has £500,000 (22%)
John Elsom £75,500 (3%)

For comparison Fenty has 43%

The board is not made up of investors apart from Fenty and the Trust represented by Wood.




It might be an unholy alliance but could anyone arrange to get all of the above in one room?
Posted by: TheRealJohnLewis, November 19, 2017, 10:03pm; Reply: 30
Quoted from MuddyWaters


It might be an unholy alliance but could anyone arrange to get all of the above in one room?


There are enough people to club together to form an alliance but as soon as they vote for a different board, then Fenty calls in his loans.  It all comes back to the loans and why he won't transfer to shares.

Posted by: sonofmadeleymariner, November 19, 2017, 10:05pm; Reply: 31
Can the Club vote someone in to run the club who isn't a share holder? Someone to do an executive role? Run the clubs day to day bits like a Chairman would?
Posted by: MuddyWaters, November 19, 2017, 10:06pm; Reply: 32
Quoted from TheRealJohnLewis


There are enough people to club together to form an alliance but as soon as they vote for a different board, then Fenty calls in his loans.  It all comes back to the loans and why he won't transfer to shares.



I understand that but I hear that there's a potential buyer out there - just don't know how true it is  ;)
Posted by: HertsGTFC, November 19, 2017, 11:02pm; Reply: 33
Quoted from MuddyWaters


I understand that but I hear that there's a potential buyer out there - just don't know how true it is  ;)


Because it isn't true?
Posted by: KingstonMariner, November 19, 2017, 11:08pm; Reply: 34
No potential investor will come forward until the debt is removed.

To be honest I'd be extremely wary of anyone outside the GTFC fanbase coming in.
Posted by: HertsGTFC, November 19, 2017, 11:11pm; Reply: 35
Quoted from KingstonMariner
No potential investor will come forward until the debt is removed.

To be honest I'd be extremely wary of anyone outside the GTFC fanbase coming in.


Looking at the results only a fan would be stupid enough to invest, actually calling putting money into GTFC an investment is a contradiction in terms.
Posted by: Cloudy, November 20, 2017, 6:43am; Reply: 36
Quoted from MuddyWaters


I understand that but I hear that there's a potential buyer out there - just don't know how true it is  ;)


I don't know if it is true either but the said gent was a guest in the boardroom on Saturday!

Could be a coincidence, could you an informal chat or it could be he has no interest whatsoever.
Posted by: jonnyboy82, November 20, 2017, 6:49am; Reply: 37
Your only on the board if you say yes.

Look what's ever happened to the people who say no.
Posted by: grimps, November 20, 2017, 6:57am; Reply: 38
Quoted from TheRealJohnLewis


Not true doing a quick search and the following have more shares in GTFC than most of the current board but have no say.

Andrew Newman has £25,000 (1%) worth of shares. (dodgy ticket tout?)
The Mullens have £130,000 (6%) shares
The Trust has £320,550 (14%)
Mike Parker has £500,000 (22%)
John Elsom £75,500 (3%)
(Hopefully the above is correct as I had to search through a hundred odd pages of shares!)

For comparison, Fenty has 43%

The board is not made up of investors apart from Fenty and the Trust represented by Wood.



Would investing in GTFC shares be a good investment ? can you get them out whenever you like ? is there likelyhood of the cost of a share increasing ? for example did the share price go up when we was promoted ?
Posted by: Gaffer58, November 20, 2017, 7:05am; Reply: 39
As for picking any old Tom male private or Harry as the next manager you cannot, I think FA and league rules says it must be someone with certain coaching badges, you know the ones Slade uses to be such a tactical genius!!
Posted by: 1mickylyons, November 20, 2017, 8:23am; Reply: 40
The choice of Slade was an odd one in my opinion but im guessing it was done to avoid relegation last season with a view to him rebuilding? Well we avoided relegation which Slade always seems to manage and I don`t see relegation on his watch but he has never been promoted so why did we go for him? Second season in League 2 and I have yet to see a team who I have thought were miles better than us or the rest in all honesty?
Posted by: friskneymariner, November 20, 2017, 9:33am; Reply: 41
We were virtually safe when he was appointed.
Posted by: KingstonMariner, November 20, 2017, 11:18am; Reply: 42
Quoted from HertsGTFC


Looking at the results only a fan would be stupid enough to invest, actually calling putting money into GTFC an investment is a contradiction in terms.


I use the term in its loosest sense.  ;)

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