The Fishy.co.uk Grimsby Town FC

RSS



League Two Table

  PGDPts
1Accrington Stanley000
2Barnet000
3Cambridge Utd000

4Carlisle000
5Cheltenham000
6Chesterfield000
7Colchester000

8Coventry000
9Crawley Town000
10Crewe000
11Exeter000
12Forest Green000
13Grimsby000
14Lincoln City000
15Luton000
16Mansfield000
17Morecambe000
18Newport County000
19Notts County000
20Port Vale000
21Stevenage000
22Swindon000

23Wycombe000
24Yeovil000

Full League Two Table
Prem|Champ|L1|NL|VN|VS
SPL|SC|S1|S2



Question of the Week

Is the squad strong enough to challenge for promotion?

Strong yes
Weak yes
Neutral
Weak no
Strong no


 

Bryan Huxford's Offer for GTFC Shares Goes Out

By: Fishy News Room
Date: 26/06/2001

FORMER Grimsby Town Vice Chairman Bryan Huxford has now sent out his offer to all shareholders in his attempt to gain overall control of GTFC. Mr Huxford has confirmed that, with his backers, he is looking to buy all existing shares from current shareholders.

With only 270,000 shares on the market this means that the current board will have to agree to sell their shares to Huxford for him to gain control. In a statement earlier to The Fishy Mr Huxford revealed that he is hoping to secure 76% of the 270,000 shares currently on the market.

There are no details yet of what price Mr Huxford is offering but it seems that his need to secure 76% is to avoid the necessity to seek the approval of shareholders for his plans. Presently the constitution of the Plc dictates that to initiate changes in issues such as equity and changes to the Articles of Association, approval is needed by at least 75% of shareholders.

This will not be an easy task with major shareholder Dudley Ramsden previously declining an offer for his shares from some of the previous board members. Bryan Huxford, on the other hand, is hoping that shareholders will sell their shares in order for him to move the club forward and in previous statements has called upon them to "act in the best interests of the club"

"This isn't me playing games - I want to buy the football club and take it up to the next level. It will not work in this day and age with a committee running it. There has to be one boss and he has to be prepared to gamble to move the club on."

Shareholders should expect to receive their offer over the next few days.



Add To Facebook


This site is by the fans, for the fans, and we will consider articles on any subject relating to the Mariners whether it be related to current news, a nostalgic look back in the past, a story about a player, a game or games in the past, something about Blundell Park or football in general. Click here to submit your article!


Related Stories

Forum Latest
TitlePostsLatest Post
Word Association Game41,404topuphere66621/07 06:57
Change/add-a-letter/remove-one Word Game thread...28,374Biccys21/07 06:56
Josh Venney18Cloudy21/07 06:37
2100 season tickets sold61HotToddy21/07 06:26
Upcoming Fixtures1SiteBot21/07 04:18
Town in Devon 105The Grim Reaper21/07 00:20
Boston - Saturday13Youngy20/07 23:19
Other Clubs Transfer News223promotion plaice20/07 22:38
Open Day this Sunday7promotion plaice20/07 21:44
BBC8cmackenzie420/07 21:01

News  | Features  | Submit Article  |   | 
© 2017 TheFishy.co.uk