The Sound of Silence

Quoted from realist

I want Fenty out ASAP but have reservations about Shutes. We know nothing about him or his motives. He only appeared when redevelopment money was available. Is Gtfc a vehicle to make more money?  It could be out of the frying pan and into the fire

Looking inwards....we should have the perfect owner already, fan, local, multi millionaire business man......but unfortunately he just isnt.
His bloody mindedness to seemingly refuse to lose a single penny for his time in charge is ridiculous, every supporter who has gone down the years during his reign has lost thousands and whilst there have been good times ...they are few and far between.

Your Jack Walkers, Dave Whelan etc type owners had money and were prepared to lose it, even after death by leaving funding in their wills.....not JF , it's all loans and he wants it back.

The consortium for me offers a viable alternative to the benefactor model....yes...local persons involved who are interested in a wider project, of course they are looking to make money but I think they see having the club as a key part of their plan to access it all and the funding it would unlock.  And if they are motivated to make money....not save every penny by donning a pair of red overalls themselves and climbing a ladder personally....then I am pretty sure they will work hard to make their investment work.
If it happens to be a con, they takeover, dont spend a penny then we are actually  no worse off are we? But we would have the bonus of maybe not having a board that resents fans as much as the current one does.

Quoted from Mendonca1995

Hi John 👋

His posts are far too well written for him.

Quoted from realist

I want Fenty out ASAP but have reservations about Shutes. We know nothing about him or his motives. He only appeared when redevelopment money was available. Is Gtfc a vehicle to make more money?  It could be out of the frying pan and into the fire

We know less about them granted. I had my reservations about them. Still do a bit. But on the balance of risks I'd say it was the better option. The consortium have got a proven track record that will serve us better than Fenty's business acumen. And they will do it in a more ethical way. If they can make some money out of GTFC in the process, good luck to them.

Quoted from RonMariner

Taking a step back from all of the emotion a deal must be the most probably outcome.

Fenty has been saying for years that he wants to sell the club. Lets face it, the last 15 years have hardly been a barrel of laughs for him.

On the playing side we have a very poor squad, currently bottom of the form league, and in need of serious upgrading that will involve appointing a good manager and at least half a dozen good players. I doubt that he is keen to stump up the funds involved, which will be considerable.

The club is pretty much worthless as a going concern as it is. If we get relegated again, even more so.  So if he does not sell now, he might never get another chance to get anything for his shares and get his loans back.  So this looks like an opportunity too good to turn down.

The value of the transaction has already been agreed. It is just the timing of the loan repayments which is an issue. So once that is agreed it can go through.

At the end of the day Fenty is a fan of the club and he knows that it is dying without a substantial investment. I can't see him wanting to pump more cash in. So he will surely agree to sell.        

Just saying.....