Holloway Shares

Club accounts show he’s bought £500 shares and not £100,000 as stated when he joined.

Anyone able to shed light on this?

No but it sounds much more believable, did anyone really think he's put in £100,000? He's eccentric but not totally crazy

He said he invested £100k into the club, don't think that necessarily would have to be shared?..would it?...

I think there must be other ways to invest in something apart from buying shares

I wonder if directors loans will be reduced by £100k this year?

Quoted from ska face

I wonder if directors loans will be reduced by £100k this year?

Possibly and perhaps it will reappear as 'managers loans'  

Did he ever say he invested £100k? I don't think he did.

From memory, didnt the 100k figure come from the bristol newspaper? Where they plucked it from I dont know but it wasn't quoted from anyone.

Must’ve had a massive splurge in the club shop !!

Quoted from pontoonlew

Club accounts show he’s bought £500 shares and not £100,000 as stated when he joined.

Anyone able to shed light on this?

Sensible chap.

is  Ollie on the board ?? , if so , isnt it a minimum  £50k investment.??????  

Surprised this has taken so long to make it on here...

Wasn't the article on the Bristol post written by Ollie? I remember the article saying something like "and to prove my commitment I have bought 100k worth of shares"

Multiple reports and interviews reference the 100k and he has said he has invested in the club multiple times. You’d imagine when he says investment he means more than the price of a couple of season tickets...

It was reported across various news outlets, and if it was incorrect it should have been corrected by the club, yet it wasn't.

Very cheeky.

Quoted from aldi_01

Surprised this has taken so long to make it on here...

The confirmation statement has only been on companies house for 2 days!

Don't you have to put up money to make it on the board? I'm sure a couple of other directors have very little shareholdings.

£500 isn't what I call investing in the club but I'm sure when the question gets asked, he will have an answer. Wonder if he's contributed to the playing budget or back office things...

Surely he can’t ‘contribute to the playing budget’ with his own cash.

He’d surely have to just out cash in to the club in some way, and that sum would surely show up on the accounts or at least be identified somewhere...

Havn't looked at the club accounts recently, so not wanting to fuel any frames here, but he did say those things in his own words:

"And to prove our commitment to the challenge I have invested £100,000 to buy shares in the club, which means a place on the board as well as in the hot-seat."

https://www.bristolpost.co.uk/.....ian-holloway-3700144

I find it hard to believe that it isn't true, as it would be quite a naive thing to say and for the club to sanction it, given the club's accounts are made public. He made a big enough commitment in taking the job and moving to the area without the need to make something like that up, shirley?

Maybe he bought the initial £500 and then topped up after these accounts were made? (Ie it will show on next year’s accounts)

Just a thought.

I imagine it's been delayed by COVID. Firstly it would be quite cheeky to hold him to it when he's taken a 25% pay cut and was placed on furlough at an even lower amount for around 4 months. And then there's the fact that without a bailout the club will go out of business within 4-6 months, so investing a significant amount in a business facing oblivion would be daft. Also, Ian & his wife still haven't sold their house near Bath have they? Ian & Kim are very wealthy but that doesn't mean they have £100,000 readily available in cash. I'm sure when the time is right IH will keep his word.

A lot of people seem to spend much time with their noses in accounts and things they don't fully understand. I've never thought to actually look at this stuff before as it doesn't particularly interest me without a good reason. I'm sure the club will respond to this even thought they totally didn't have to and you'll all feel good because they pay attention to you for 2 minutes.  

In any case is there really a set limit of money you must invest to get on the board? Most of it seems to be filled with friends of Fenty who just offer advice and guidance and apparently don't put any money into the budget. In any case I don't think starting an inquisition right now is worthwhile when most involved don't have an understanding of how investment and money works beyond seeing the numbers in their bank account and ISA.

Looks like Ollie has just bought A shares like anyone else.

He’s a director on companies house but that doesn’t require much TBH. You don’t actually have to invest you can get on a board by paying “paper value” for a share.

The most important thing in the accounts will be the total reserves, the rest is pretty much history.

Quoted from Kris2

A lot of people seem to spend much time with their noses in accounts and things they don't fully understand. I've never thought to actually look at this stuff before as it doesn't particularly interest me without a good reason. I'm sure the club will respond to this even thought they totally didn't have to and you'll all feel good because they pay attention to you for 2 minutes.  

In any case is there really a set limit of money you must invest to get on the board? Most of it seems to be filled with friends of Fenty who just offer advice and guidance and apparently don't put any money into the budget. In any case I don't think starting an inquisition right now is worthwhile when most involved don't have an understanding of how investment and money works beyond seeing the numbers in their bank account and ISA.

We’re you born a patronising twit or did you have to work hard at it for years?

Just because you have no interest in it, it doesn’t mean to say others have no interest or understanding in a subject.

Asking about Ollie’s supposed investment is a perfectly legitimate question to raise. If someone in a position of influence says something which courts favour then it should be scrutinised. And the fact supporters have an interest in the accounts is far better than fans who just want to see money spent with no thought as to where it comes from or the consequences.

Quoted from Poojah

Havn't looked at the club accounts recently, so not wanting to fuel any frames here, but he did say those things in his own words:

"And to prove our commitment to the challenge I have invested £100,000 to buy shares in the club, which means a place on the board as well as in the hot-seat."

https://www.bristolpost.co.uk/.....ian-holloway-3700144

I find it hard to believe that it isn't true, as it would be quite a naive thing to say and for the club to sanction it, given the club's accounts are made public. He made a big enough commitment in taking the job and moving to the area without the need to make something like that up, shirley?

Don’t call me Shirley 😆

Quoted from Kris2

A lot of people seem to spend much time with their noses in accounts and things they don't fully understand. I've never thought to actually look at this stuff before as it doesn't particularly interest me without a good reason. I'm sure the club will respond to this even thought they totally didn't have to and you'll all feel good because they pay attention to you for 2 minutes.  

In any case is there really a set limit of money you must invest to get on the board? Most of it seems to be filled with friends of Fenty who just offer advice and guidance and apparently don't put any money into the budget. In any case I don't think starting an inquisition right now is worthwhile when most involved don't have an understanding of how investment and money works beyond seeing the numbers in their bank account and ISA.

Must be flipping hard being a perfect and patronising girl private all the time...

Makes me wonder if it’s actually you that doesn’t understand the documents...(I’m awaiting an equally patronising retort).

I think it’s quite important at a club like ours that fans take an active interest in this sort of thing. Once more we’ve been peddled false promises and percentage of fans are interested in how their money is spent in order to ensure the club operates.

Quoted from Kris2

A lot of people seem to spend much time with their noses in accounts and things they don't fully understand. I've never thought to actually look at this stuff before as it doesn't particularly interest me without a good reason. I'm sure the club will respond to this even thought they totally didn't have to and you'll all feel good because they pay attention to you for 2 minutes.  

In any case is there really a set limit of money you must invest to get on the board? Most of it seems to be filled with friends of Fenty who just offer advice and guidance and apparently don't put any money into the budget. In any case I don't think starting an inquisition right now is worthwhile when most involved don't have an understanding of how investment and money works beyond seeing the numbers in their bank account and ISA.

To be fair I’m not an accountant but I like I would imagine many other posters on this board understand the principles behind a P&L, balance sheet and accountants statement. I use them most days in my work.

As much as I don’t like the inner cabal that’s the GTFC board having a layer and accountant at the top table is pretty smart thinking by JF. To be fair with IH joining the board we’ve even got a “football man” involved, who of thought it eh?

“Where all Town aren’t we”? So taking an interest in the health and wealth (if only) of the club we follow is a good thing regardless of your level of knowledge & expertise.

I think it’s entirely reasonable that people want to look at the accounts and also fine to hold an opinion contrary to that too. Different strokes for different folks and all that!

I would urge caution around speculation though as I would imagine there are many explanations that could account for the apparent discrepancy.

Irrespective of the potential rights or wrongs of it all, I do find it odd that there seems to be a narrative to chip away at our gaffer and this it seems is the latest instalment.

Nobody’s trying to chip away at him, but fans have been told one thing then something else appears to be the case. People are just asking for an explanation, which is fair enough given the amounts raised by fans in recent years.

He might’ve put that money in and it’s gone straight to ground improvements or the youth set up.

Quoted from ska face

Nobody’s trying to chip away at him, but fans have been told one thing then something else appears to be the case. People are just asking for an explanation, which is fair enough given the amounts raised by fans in recent years.

He might’ve put that money in and it’s gone straight to ground improvements or the youth set up.

Respectfully I disagree, I do think there are those on here who are chipping away.
As far as asking the question goes, as I said previously its perfectly reasonable to do so. If it transpires that we have been mislead then fair enough take those responsible to task for it. I just think it would be better to judge with facts rather than base it on speculation.

Absolutely, the usuals jumping in with there accusations. Totally unnecessary.

Given that there does appear to be some difference in the stories about Holloway's investment perhaps it would be better to clear it up quickly and in one go with a statement from the horses mouth (he's not normally reticent to make a speech)

It appears he may have made a statement early on which now appears to be possibly incorrect so perhaps he can correct or confirm it now. Job done another lengthy thread put to bed

I don't think Ollie ever said he was investing 100K in one go or straight away.

Maybe he is investing the said amount over a period of time.

I don't think there is any need for name calling or falling out on here.

Ollie is an honest man and wears his heart on his sleeve what you see is what you get.

It will all come on in the wash.  

Keep the faith.

Quoted from aldi_01

Must be flipping hard being a perfect and patronising girl private all the time...

Makes me wonder if it’s actually you that doesn’t understand the documents...(I’m awaiting an equally patronising retort).

I think it’s quite important at a club like ours that fans take an active interest in this sort of thing. Once more we’ve been peddled false promises and percentage of fans are interested in how their money is spent in order to ensure the club operates.

When this story emerged on Twitter I could almost name the people who would use it as a opportunity to have a go at the club when it hit the Fishy under the premise of " we have a right to know".  Probably asking far to much of them to recognise from the same accounts that the club made a £145k profit which under the present circumstances is a huge positive for the club.

Quoted from chipsandgravy

When this story emerged on Twitter I could almost name the people who would use it as a opportunity to have a go at the club when it hit the Fishy under the premise of " we have a right to know".  Probably asking far to much of them to recognise from the same accounts that the club made a £145k profit which under the present circumstances is a huge positive for the club.

I'm not sure what we as fans have a right to know but equally we as fans have the right to question whether certain statements from the club or it's employees are true or not.

I have no idea how much IH has invested in the club but if what he has said differs from what he has done it would be unfortunate.

The best way to solve this would be for the club to issue a statement and confirm what is the correct situation.

Quoted from Sandford1981

Respectfully I disagree, I do think there are those on here who are chipping away.
As far as asking the question goes, as I said previously its perfectly reasonable to do so. If it transpires that we have been mislead then fair enough take those responsible to task for it. I just think it would be better to judge with facts rather than base it on speculation.

Aye, which is I asked if anybody could shed any light on it, where on this thread have people criticised him?

Interesting that people want to quickly tarnish folk with a brush. I don’t think anyone questioned anybody, just requested some clarity.

They tell us we’re important and they’re quick to make a statement about other things so why not about this?

Folk can believe what they want but a simple statement explaining officially puts it to bed. If fans want to then carry on the discussion that is up to them by the official stand has been taken.

Nobody has questioned the ‘profit’ made either, perhaps the club could explain how it will be invested, especially given Day spent a significant period of lockdown explaining how we’d be out of pocket this time next year.

Will it be simply thrown back in to the pot? Will it pay for further redevelopments of say training facilities?

Some people will be very happy that lack of investment or sensible investment has been made in areas to ensure a surplus but what will that surplus do? A club like ours could do a lot of things with that, not just spunk it on a player.

Quoted from Poojah

Havn't looked at the club accounts recently, so not wanting to fuel any frames here, but he did say those things in his own words:

"And to prove our commitment to the challenge I have invested £100,000 to buy shares in the club, which means a place on the board as well as in the hot-seat."

https://www.bristolpost.co.uk/.....ian-holloway-3700144

I find it hard to believe that it isn't true, as it would be quite a naive thing to say and for the club to sanction it, given the club's accounts are made public. He made a big enough commitment in taking the job and moving to the area without the need to make something like that up, shirley?

I agree and don't call me Shirley!

Quoted from aldi_01

Interesting that people want to quickly tarnish folk with a brush. I don’t think anyone questioned anybody, just requested some clarity.

They tell us we’re important and they’re quick to make a statement about other things so why not about this?

Folk can believe what they want but a simple statement explaining officially puts it to bed. If fans want to then carry on the discussion that is up to them by the official stand has been taken.

Nobody has questioned the ‘profit’ made either, perhaps the club could explain how it will be invested, especially given Day spent a significant period of lockdown explaining how we’d be out of pocket this time next year.

Will it be simply thrown back in to the pot? Will it pay for further redevelopments of say training facilities?

Some people will be very happy that lack of investment or sensible investment has been made in areas to ensure a surplus but what will that surplus do? A club like ours could do a lot of things with that, not just spunk it on a player.

Invested? Jesus are you serious. Surviving would be my best guess!!

It wouldn't surprise me if this was something that was just mentioned in passing and then Holloway has done that article linked on page 1 of this thread without it ever being followed through. Holloway is in the media sounding off so much. I get Google news alerts straight to my phone which are tailored towards me. Before Holloway came here, I'd get one Michael Jolley or Russell Slade team news update a week, sometimes not even that. Holloway pops up on my dashboard banging on about something or other every single day. I doubt he monitors or knows what he's said in the past to be honest.

Best case scenario is that he actually did invest that money and is here to stay. Worst case scenario is that he lied about it, but I can't imagine he did. Likelihood is that there's some explanation between the two. I'm not overly arsed if he did invest or not, as long he's here for a bit and can improve us and maybe help us kick on and get out of League Two at some point over the next few seasons. I think we're already seeing the benefits of his managerial style on the pitch and I'm enjoying watching us play again, despite a couple of dud performances.

Maybe he's  not taking a salary in money but in shares instead, so doesn't show up in the accounts.

Quoted from aldi_01

Interesting that people want to quickly tarnish folk with a brush. I don’t think anyone questioned anybody, just requested some clarity.

Perhaps I am guilty of unfairly tarnishing you with a brush but as far as I’m concerned the phrase ‘Once more we’ve been peddled false promises’ has a critical feel to it and does not sound like a simple request for clarity to me.

Quoted from Sandford1981

Perhaps I am guilty of unfairly tarnishing you with a brush but as far as I’m concerned the phrase ‘Once more we’ve been peddled false promises’ has a critical feel to it and does not sound like a simple request for clarity to me.

But you’d have to agree, we’ve been fed a lot of unsubstantiated claims over the years, not always negative things but you get the point...

Quoted from aldi_01

But you’d have to agree, we’ve been fed a lot of unsubstantiated claims over the years, not always negative things but you get the point...

Fair point, that is very true!

https://twitter.com/mattdeanbbc/status/1324393556870598656

Full interview mentioned: https://www.bbc.co.uk/sounds/play/p08xhp6v

I feel like the club has become 10x more transparent since Holloway joined.

Quoted from pontoonlew

I feel like the club has become 10x more transparent since Holloway joined.

Because we have a manager who not only talks to the local media, but entrusts them with information and keeping some things he tells them confidentially. An example being, that Matt Dean felt able to ask Ollie about the shares without having to worry about being subjected to an expletive filled rant.

Quoted from mimma

Maybe he's  not taking a salary in money but in shares instead, so doesn't show up in the accounts.

It’d show up in the accounts however they were paid for, along with the other directors’ shareholdings.

Quoted from GollyGTFC

I imagine it's been delayed by COVID. Firstly it would be quite cheeky to hold him to it when he's taken a 25% pay cut and was placed on furlough at an even lower amount for around 4 months. And then there's the fact that without a bailout the club will go out of business within 4-6 months, so investing a significant amount in a business facing oblivion would be daft. Also, Ian & his wife still haven't sold their house near Bath have they? Ian & Kim are very wealthy but that doesn't mean they have £100,000 readily available in cash. I'm sure when the time is right IH will keep his word.

Ooh, I was right. 😎

For those who haven’t heard the interview, Ollie hadn’t sold his house yet so couldn’t invest it, it’s finally sold this week.

Perfectly reasonable.

That’s good news then, as the club have said that all fundraising and share purchases from this summer will be reflected in the 2021 accounts. That was the best part of £100k, so there’ll be Holloway’s £100k on top and with the £140k profit from this year we should be in decent financial health going into 21/22.

Quoted from ska face

That’s good news then, as the club have said that all fundraising and share purchases from this summer will be reflected in the 2021 accounts. That was the best part of £100k, so there’ll be Holloway’s £100k on top and with the £140k profit from this year we should be in decent financial health going into 21/22.

Depends if he's buy £99,500 of unissued shares or buying them off JSF,

Well we’ll see when his house sale goes through won’t we ?!

Well worth a listen and directly addresses 2 of the subjects that have been questioned on here in the last 24 hours.

Everyone has their own opinions but I can’t listen to that interview and fail to be anything but enthused.

Results and performances will fluctuate but I genuinely believe he has the best interest of the town and club at heart and I think we are very lucky to have him.

Not only has he answered the questions about his investment but liked the honesty about f@cking up signing Mohnsi...

Yeah his best interview for a while and he appeared to be reinvigorated re his role and commitment to Town. If we could just get a couple more wins in the next fortnight think we would all get a bit of positivity returning.

Quoted from Northbank Mariner

Not only has he answered the questions about his investment but liked the honesty about f@cking up signing Mohnsi...

Firing him up by saying he might be past it at 33 in a ploy to get that last few required percent out of him to be match ready.......or just throwing him under the bus ?? I cant quite make my mind up.

Quoted from moosey_club

Firing him up by saying he might be past it at 33 in a ploy to get that last few required percent out of him to be match ready.......or just throwing him under the bus ?? I cant quite make my mind up.

Yeah, trying to get that last 90% out of him so he's 100% match fit.

Quoted from moosey_club

Firing him up by saying he might be past it at 33 in a ploy to get that last few required percent out of him to be match ready.......or just throwing him under the bus ?? I cant quite make my mind up.

He's not thrown him under the bus, Ollie obviously thought his fitness level wouldn't have depleted as much as it had over 5 months. Whether that motivates Mohnsi I'm not sure to be honest, don't think that's Holloway's style to be honest

Quoted from Northbank Mariner

He's not thrown him under the bus, Ollie obviously thought his fitness level wouldn't have depleted as much as it had over 5 months. Whether that motivates Mohnsi I'm not sure to be honest, don't think that's Holloway's style to be honest

He has said that he is a leader and gets the best out of others so his presence is pushing everyone else at the back on. Although he may not be playing, he's still got a role to play.

With Hanson injured yet again I would like to see Moshni played up front.

He doesn't have to be fit after all Hanson never ran about much

Quoted from Northbank Mariner

He's not thrown him under the bus, Ollie obviously thought his fitness level wouldn't have depleted as much as it had over 5 months. Whether that motivates Mohnsi I'm not sure to be honest, don't think that's Holloway's style to be honest

So you would say that Olly publicly stating that he has told the board he may have made a mistake signing him or in the same interview saying he had cost us a goal in the game the other day as he was knackered isnt throwing him under the bus ?

if indeed it was just a straight forward honest assessment by Ollie and not a cunning plan .

It wasn't just Moshni on Wednesday. They ran through our midfield as if we were taking the knee for the last 20 min. Even though Spokes' went through the gears in the first half the chain and the wheels came off in the second.

Quoted from moosey_club

So you would say that Olly publicly stating that he has told the board he may have made a mistake signing him or in the same interview saying he had cost us a goal in the game the other day as he was knackered isnt throwing him under the bus ?

if indeed it was just a straight forward honest assessment by Ollie and not a cunning plan .

If he'd have said he was a lazy b@stard and couldn't be ar£ed, I'd say he'd thrown him under the bus, Ollie has a habit of just saying it how it is, I don't think he has a filter at times.  

Quoted from chipsandgravy

Invested? Jesus are you serious. Surviving would be my best guess!!

Well one could ask is it being invested in the club such as players wages etc or being used to pay off someone's loan.

Shouldn't this topic be in the Conspiracy Theory thread?

Quoted from ginnywings

Shouldn't this topic be in the Conspiracy Theory thread?

Not sure it's a conspiracy when someone states they have done something and it turns out they actually haven't.

Quoted from arryarryarry

Well one could ask is it being invested in the club such as players wages etc or being used to pay off someone's loan.

Yawn!!

Quoted from chipsandgravy

Yawn!!

Thanks for that John, when will we be moving into the new ground at (....................) Insert what you like, Great Coates, Peaks Parkway, Freeman Street.

Not sure it’s terribly important whether he has or hasn’t invested the cash as he’s the sort of person that would do what he says he’s going to do. More interesting is that the club have now satisfied all but two of the financial charges against it apart from JFs 400k debenture and a Lloyds Bank one which I guess is for an overdraft.

All in all, the club’s accounts look incredibly healthy for a club at our level without a big sugar daddy investor. Long may it continue.

Quoted from arryarryarry

Thanks for that John, when will we be moving into the new ground at (....................) Insert what you like, Great Coates, Peaks Parkway, Freeman Street.

OMG you think I am John. Now that's made me laugh you poor thing.

Listened to Ollie’s interview. Well worth the time. Open and entertaining. What a vast improvement on previous managers. I know interviews aren’t their main area of focus as a manager, but he gets how important it is. And he cleared up that share question.

Quoted from 139914

When will you all learn.  Who the fück is going to invest in the club while the major shareholder has both hands on the milking machine.  He’s a cancer, temporary remission but the poison is always there.

But we’re well run, it’s about survival (not sure if people mean staying up or business these days) and we’ve got a great man at the helm...

Quoted from aldi_01

But we’re well run, it’s about survival (not sure if people mean staying up or business these days) and [/b]we’ve got a great man at the helm...

[b]

Who?

Quoted from MuddyWaters

[b][/b]

Who?

Exactly...sarcasm is sometimes hard to convey in a message board...

Quoted from aldi_01

Exactly...sarcasm is sometimes hard to convey in a message board...

Nothing changes, does it?