| Argyle had a pay-out of more than £2 million to compensate for lost revenues. | |
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Tgwu
Posts : 14779 Join date : 2011-12-11 Location : Central Park (most days)
| Subject: Argyle had a pay-out of more than £2 million to compensate for lost revenues. Tue May 18, 2021 4:44 pm | |
| Plymouth Argyle in stronger financial position despite Covid-19 pandemic
That is the remarkable admission from the League One club’s owner and chairman Simon Hallett.
It is in large part due to a successful insurance claim against Argyle’s business continuity interruption policy.
That was a lengthy legal process but has led to a pay-out of more than £2 million to compensate for lost revenues.
Taken from local media |
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Grovehill
Posts : 2291 Join date : 2012-01-24
| Subject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues. Tue May 18, 2021 6:36 pm | |
| Did the Club make season ticket holders aware that loss revenue was covered by insurance if they declined to renew due to the pandemic? |
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Rickler
Posts : 6529 Join date : 2011-05-10 Location : Inside the mind...
| Subject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues. Tue May 18, 2021 6:53 pm | |
| - Grovehill wrote:
- Did the Club make season ticket holders aware that loss revenue was covered by insurance if they declined to renew due to the pandemic?
You just can't wait to get another knife out can you? Were the club actually aware they had won the the insurance claim at the time? |
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Guest Guest
| Subject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues. Tue May 18, 2021 7:03 pm | |
| - Grovehill wrote:
- Did the Club make season ticket holders aware that loss revenue was covered by insurance if they declined to renew due to the pandemic?
It’s been on the website since the 14th, but it’s a business loss insurance, such as the cancellation of the live shows, events and other match day revenue, as I understand it ST’s are not part of it as apart from 3% that revenue was not lost, so no conspiracy for theorists |
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Rickler
Posts : 6529 Join date : 2011-05-10 Location : Inside the mind...
| Subject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues. Tue May 18, 2021 7:10 pm | |
| - Grovehill wrote:
- Did the Club make season ticket holders aware that loss revenue was covered by insurance if they declined to renew due to the pandemic?
An explanation here: [You must be registered and logged in to see this link.]But I don't hold my breath that you will actually comprehend anything. |
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Guest Guest
| Subject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues. Tue May 18, 2021 7:14 pm | |
| Seems like the previous regime did some good after all! |
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Grovehill
Posts : 2291 Join date : 2012-01-24
| Subject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues. Tue May 18, 2021 7:43 pm | |
| Thanks for the clarification everyone |
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harvetheslayer
Posts : 7795 Join date : 2015-04-02 Location : Wormwood Scrubs awaiting the imminent arrival of Johnson..
| Subject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues. Wed May 19, 2021 4:27 am | |
| Fair play to Hallett indeed. |
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green_genie
Posts : 1321 Join date : 2013-04-06
| Subject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues. Wed May 19, 2021 5:06 am | |
| Wonder if Brent claimed when his negligence of stadium led to postponed game? |
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harvetheslayer
Posts : 7795 Join date : 2015-04-02 Location : Wormwood Scrubs awaiting the imminent arrival of Johnson..
| Subject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues. Wed May 19, 2021 5:27 am | |
| - green_genie wrote:
- Wonder if Brent claimed when his negligence of stadium led to postponed game?
Unsurprisingly Lord Nooly ramps up his former hero "Good to see it's been recognised. Typical of James, not a Flash Harry by any means but a very prudent and decent man." So decent that he shafted creditors for less than a penny in the pound and walked away from the club millions richer. Fantastic fella Mr Nool |
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Grovehill
Posts : 2291 Join date : 2012-01-24
| Subject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues. Wed May 19, 2021 9:09 am | |
| - harvetheslayer wrote:
- green_genie wrote:
- Wonder if Brent claimed when his negligence of stadium led to postponed game?
Unsurprisingly Lord Nooly ramps up his former hero
"Good to see it's been recognised. Typical of James, not a Flash Harry by any means but a very prudent and decent man."
So decent that he shafted creditors for less than a penny in the pound and walked away from the club millions richer.
Fantastic fella Mr Nool Yeah, won't be long before the Pasoti collective insist he joins the Board as "voice of the fans" |
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Guest Guest
| Subject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues. Wed May 19, 2021 9:41 am | |
| - green_genie wrote:
- Wonder if Brent claimed when his negligence of stadium led to postponed game?
the game that got called off due to very strong winds damaging cladding all while the groundstaff and club officials where watch the rugby world cup final? |
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Guest Guest
| Subject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues. Wed May 19, 2021 12:43 pm | |
| So David Brent used the clubs money to protect himself from having to put his hand in his pocket. Well done Dave. |
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Guest Guest
| Subject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues. Wed May 19, 2021 12:58 pm | |
| - Frank Bullitt wrote:
- So David Brent used the clubs money to protect himself from having to put his hand in his pocket. Well done Dave.
Protect the club you mean surely, I pay my own insurances especially in case some uninsured dick damages my property, contents insurance etc that’s normal isn’t it ? |
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Guest Guest
| Subject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues. Wed May 19, 2021 1:21 pm | |
| - Graiser wrote:
- Frank Bullitt wrote:
- So David Brent used the clubs money to protect himself from having to put his hand in his pocket. Well done Dave.
Protect the club you mean surely, I pay my own insurances especially in case some uninsured dick damages my property, contents insurance etc that’s normal isn’t it ?
Its a given i would have thought. |
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Tgwu
Posts : 14779 Join date : 2011-12-11 Location : Central Park (most days)
| Subject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues. Wed May 19, 2021 2:59 pm | |
| Did the EFL Teams recieve a payout from the premier league help fund?
Just found this
A £30million grant to be paid immediately from the Premier League to EFL Clubs for distribution based on lost gate receipts in respect of the 2019/20 and 2020/21 Season. Each Club will receive a minimum payment of £375,000 in League One and £250,000 in League Two.3 Dec 2020
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Tgwu
Posts : 14779 Join date : 2011-12-11 Location : Central Park (most days)
| Subject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues. Wed May 19, 2021 3:22 pm | |
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sufferedsince 68
Posts : 6420 Join date : 2014-06-01 Location : Brentocabin
| Subject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues. Wed May 19, 2021 5:03 pm | |
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sufferedsince 68
Posts : 6420 Join date : 2014-06-01 Location : Brentocabin
| Subject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues. Wed May 19, 2021 5:12 pm | |
| - Grovehill wrote:
- harvetheslayer wrote:
- green_genie wrote:
- Wonder if Brent claimed when his negligence of stadium led to postponed game?
Unsurprisingly Lord Nooly ramps up his former hero
"Good to see it's been recognised. Typical of James, not a Flash Harry by any means but a very prudent and decent man."
So decent that he shafted creditors for less than a penny in the pound and walked away from the club millions richer.
Fantastic fella Mr Nool Yeah, won't be long before the Pasoti collective insist he joins the Board as "voice of the fans" Most of the Pasoti collective support Man Yoo, i cant see the Glazers wanting the Cornish Janner demolishing the expensive buffet every home game |
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Rickler
Posts : 6529 Join date : 2011-05-10 Location : Inside the mind...
| Subject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues. Wed May 19, 2021 6:22 pm | |
| - Tgwu wrote:
- Did the EFL Teams recieve a payout from the premier league help fund?
Just found this
A £30million grant to be paid immediately from the Premier League to EFL Clubs for distribution based on lost gate receipts in respect of the 2019/20 and 2020/21 Season. Each Club will receive a minimum payment of £375,000 in League One and £250,000 in League Two.3 Dec 2020
Yes they did. Or at least Argyle did... |
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| Subject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues. | |
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| Argyle had a pay-out of more than £2 million to compensate for lost revenues. | |
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