Trust Members Vote 'Yes'

By: Rob Sedgwick
Date: 07/03/2012

GTFC Supporters Trust members have overwhelmingly voted in favour of the proposal to give 200,000 of its shares to Grimsby director John Fenty. Mr Fenty in return will buy 200,000 more shares in the Mariners and will secure the future of the club financially until at least the end of 2012/2013.

In the postal ballot on whether or not to transfer shares to John Fenty 82% of fans were in favour and just 18% were against. There was a very high participation of 72% in the ballot so the result gives a clear indication that the trust's proposal was emphatically backed by its members.

The trust's statement reads: "We would like to thank all members who have voted and comments received. This vote emphasises that for the first time the supporters have a say in THEIR football club and will continue to have a big say going forward.

"We are encouraged by the 40+ new members who have joined in the weeks since the vote was announced and we hope to continue to attract as many members as possible."

The Trust is still a major shareholder in the club and will no doubt continue to work closely with the board in forthcoming seasons.

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