Trust shares?

Quoted from ginnywings

He could win back a bit of favour by giving back the cost of the shares toward a fighting fund for squad strengthening should we fall out of the league. You could buy some decent players with £200,000 to spend. A couple of hotshot strikers would be a nice parting gift.

I've just seen a flying pig over BP.

Quoted from DB

I've just seen a flying pig over BP.

Maybe Pink Floyd are rehearsing there?

Quoted from RonMariner

Maybe Pink Floyd are rehearsing there?

For readers below the age of 60, Pink Floyd were a rock band who made an album with a flying pig on it....

Quoted from pizzzza

Not sure why the Trust would have wanted to give them to Fenty in the first place...

It's been said many times on here and confirmed by the trust.

Fenty said to the Trust after they had been gifted 500.000 shares that if they gave him 250,000 of them he would put 200,000 pounds of new money into the budget.

Fenty in other words got 250,000 shares for 200,000 pounds so he made 50.000 pound on the deal

Fenty could have just bought the shares from the club but he did not want the trust and Parker to have too much power over him.

He has always wanted to be the main man so he could do what he wants.

Power mad imo.

On the basis that Fenty should give them back, and he would be getting money he didn't put in, don't you think that the trust should give Mike Parker back all of his shares?

Quoted from pen penfras

On the basis that Fenty should give them back, and he would be getting money he didn't put in, don't you think that the trust should give Mike Parker back all of his shares?

The deal is done so it does not matter what we want but that would only be right if they were gifted to the Trust there is no difference.

Let's move on and look forward to the new regime.

Quoted from Dogger Bank

If this is the case then the Trust aren't fit for purpose. They should never have given Fenty the shares and capitulated under his demands because he decided to throw his toys out of the pram and threatened to sell our star striker at the time if he didn't get full control.

Did you vote against it Dogger?

Quoted from grimsby pete

It's been said many times on here and confirmed by the trust.

Fenty said to the Trust after they had been gifted 500.000 shares that if they gave him 250,000 of them he would put 200,000 pounds of new money into the budget.

Fenty in other words got 250,000 shares for 200,000 pounds so he made 50.000 pound on the deal

Fenty could have just bought the shares from the club but he did not want the trust and Parker to have too much power over him.

He has always wanted to be the main man so he could do what he wants.

Power mad imo.

I don't think that is the case Pete.

From my recollection he purchased 200k worth of shares himself, but because "control remained outside of the boardroom" he then strong-armed the Trust into handing over 250k's worth to him - in effect paying 200k for 450k's worth.

It would be interesting to see if the vote was legal because it is perfectly feasible that Fenty himself (and all his family) could have effectively voted in favour of being given 250k worth of shares for free, if he and his family were Trust members at the time they should have been precluded from voting,

At the end of the day he should hand those shares back to the Trust as he no longer needs them for the reason he outlined when asking for them,

The Trust should be putting pressure on him to do this.

Fenty made his proposal/threat regards the Trust shares and the consequences if he didn't get them.

The Trust board quite rightly put it to their membership to vote on.

The membership, of which anyone is able to be a part of and participate, then voted to give Fenty the shares.

There are absolutely no grounds for anyone to moan about 'the Trust' did with those shares.  

It was a democratic process, influenced by Fenty's project fear approach.  If you were a Trust member voting against the giving of shares, like myself, it's excrement but you have to accept it.  If you weren't a Trust member and then decide to moan, it's like moaning about your neighbour selling his car to a bloke down the road.

The only 'fault' in this is Fenty's actions and no doubt his future refusal to do the honourable thing moving forward.

Quoted from diehardmariner

Fenty made his proposal/threat regards the Trust shares and the consequences if he didn't get them.

The Trust board quite rightly put it to their membership to vote on.

The membership, of which anyone is able to be a part of and participate, then voted to give Fenty the shares.

There are absolutely no grounds for anyone to moan about 'the Trust' did with those shares.  

It was a democratic process, influenced by Fenty's project fear approach.  If you were a Trust member voting against the giving of shares, like myself, it's excrement but you have to accept it.  If you weren't a Trust member and then decide to moan, it's like moaning about your neighbour selling his car to a bloke down the road.

The only 'fault' in this is Fenty's actions and no doubt his future refusal to do the honourable thing moving forward.

Joke