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| ITS ALL KICKING OFF!!!!! | |
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+11jabba the gut ecfc Dane Elias Charlie Wood Munch 125+1 Freathy seadog Greenskin Tringreen Rickler 15 posters | |
Author | Message |
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Dane
Posts : 1945 Join date : 2013-02-23
| Subject: Re: ITS ALL KICKING OFF!!!!! Tue Sep 17, 2013 10:33 pm | |
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| | | jabba the gut ecfc
Posts : 370 Join date : 2011-09-07
| Subject: Re: ITS ALL KICKING OFF!!!!! Wed Sep 18, 2013 1:36 am | |
| I think it's very illuminating in hindsight. Especially the stuff about Webb.
Great bump. |
| | | Tringreen
Posts : 10917 Join date : 2011-05-10 Age : 74 Location : Tring
| | | | Guest Guest
| Subject: Re: ITS ALL KICKING OFF!!!!! Wed Sep 18, 2013 10:58 am | |
| - seadog wrote:
- Is this a chance to blame failure on non believers?
It is strange that Guilfool has finally spoken out, I'm inclined to agree with FM, brinkmanship.
The Football League are not impressed with Akkerless either. I can confirm that this view has not changed. |
| | | Guest Guest
| Subject: Re: ITS ALL KICKING OFF!!!!! Wed Sep 18, 2013 12:19 pm | |
| That's a good read almost 2 years on. A lot of valid points made by ATD posters who are derided as lunatics and freaks, especially the bits about Ridsdale, feck me were they scared of him or what, and of course about Chairman Webb who basically became Brent's spokesman on earth until the great man was ready to address the unwashed masses who had been made fully aware of his role as saviour.
And the only reward Webby wanted was a club to support, and a title, and a directors box seat for his friends, and his own column in the club website, and an AAA pass for him and his mates so they can swan around Home Park and grin like simpletons when they see the Chuckle Brothers arriving, and the chance to turn Home Park into the San Siro with flags and displays and smoke bombs and flares making it the most intimidating atmosphere the away side had encountered since being told that Nando's had run out of Piri Piri chicken.
Right there with you on all that comrade!
|
| | | Guest Guest
| Subject: Re: ITS ALL KICKING OFF!!!!! Thu Sep 19, 2013 9:07 am | |
| - Frank Bullitt wrote:
- "14 October 2011
Statement from The P&A Partnership re Plymouth Argyle Football Company Limited (in administration)
The joint administrators of Plymouth Argyle Football Company Limited (in administration) warned today (October 14) that they are considering resigning from office.
Brendan Guilfoyle said “Our main priority is to get a deal over the line to save the club’s future but the current campaign being directed at The P&A Partnership by some fans is hampering negotiations. Unless protestors desist it is highly likely that the Joint Administrators will take steps to resign from office on Monday.
“Not only is the campaign disrupting our business and taking our focus off the job in hand, we are also deeply concerned about the associated risk to the wellbeing and personal safety of The P&A Partnership staff. No business or its employees should be subject to such foul, abusive and threatening emails.
“If we have to withdraw then the company’s former directors will have to resolve the current issues and we anticipate that HM Revenue and Customs would take immediate steps to wind up the club.”
Brendan Guilfoyle continued: “It is not appropriate to go into detail, but negotiations with Akkeron Group are ongoing. However, I can say that the amount they are prepared to contribute to the administration costs is currently unacceptable. The reason we can’t pay the wages is that we simply don’t have the surplus after deducting the costs we have to pay for running the club. These include VAT, match day expenses, utilities and maintenance costs, player accommodation and travel, insurance premiums and ancillary professional fees i.e. valuers and the PFA’s solicitors. “To be clear, neither The P&A Partnership nor Walker Morris are seeking payment in full (see notes to editors). We are agreeable to accepting a lesser figure to facilitate the sale of the club but not at the level currently offered by Akkeron Group.
“From the outset of the administration Plymouth City Council made it clear that they wanted the administrators to find a private sector solution to the club’s financial difficulties. It is for this reason that the joint administrators pursued a sale of the business and asset of the company to a consortium represented by Kevin Heaney as far as they possibly could.
“It was only when Kevin Heaney, and others, formally withdrew their interest that the Joint Administrators could provide PCC with an assurance that no private sector solution was available. Also, I should stress that the offer made by Akkeron Group in March was, at that stage, unacceptable to the company’s creditors.
“It is regrettable that we are in this position, but given the level of contribution we are seeking from the Akkeron Group we consider that the gap is bridgeable and could be negotiated or obtained in an alternative way. I would personally urge fans to end their disruptive action and please let all parties negotiate the best possible outcome they can to save their football club."
I wonder who was responsible for that? I suppose if it was good enough against P&A it was good enough against FoCP. |
| | | Guest Guest
| Subject: Re: ITS ALL KICKING OFF!!!!! Thu Sep 19, 2013 10:00 am | |
| Once agains Naps scores an own goal Frank, during the campaign to put Brent on the throne we were all encouraged to use tactics like flooding swithcboards with calls, mass e-mail campaigns, storming board rooms and intimidating people involved with rival bids. We are now made out to be lunatics because we use every opportunity to correct the bullshit being farmed out to the in pocket media by Brent and the Jamboys, if only the jamboys would remember that we are only using some of their tactics? |
| | | Guest Guest
| Subject: Re: ITS ALL KICKING OFF!!!!! Thu Sep 19, 2013 11:54 am | |
| - Greenjock wrote:
- That's a good read almost 2 years on. A lot of valid points made by ATD posters who are derided as lunatics and freaks, especially the bits about Ridsdale, feck me were they scared of him or what, and of course about Chairman Webb who basically became Brent's spokesman on earth until the great man was ready to address the unwashed masses who had been made fully aware of his role as saviour.
And the only reward Webby wanted was a club to support, and a title, and a directors box seat for his friends, and his own column in the club website, and an AAA pass for him and his mates so they can swan around Home Park and grin like simpletons when they see the Chuckle Brothers arriving, and the chance to turn Home Park into the San Siro with flags and displays and smoke bombs and flares making it the most intimidating atmosphere the away side had encountered since being told that Nando's had run out of Piri Piri chicken.
Right there with you on all that comrade!
The line at the time was that Brent was getting nervous with all the vitriol aimed at Ridsdale and was threatening in the background to pull out. I had a PM from Newell at the time when I posted something anti-Ridsdale on Pasoti at the time (2 years ago on Saturday in fact). |
| | | Guest Guest
| Subject: Re: ITS ALL KICKING OFF!!!!! Thu Sep 19, 2013 12:05 pm | |
| - Frank Bullitt wrote:
- Frank Bullitt wrote:
- "14 October 2011
Statement from The P&A Partnership re Plymouth Argyle Football Company Limited (in administration)
The joint administrators of Plymouth Argyle Football Company Limited (in administration) warned today (October 14) that they are considering resigning from office.
Brendan Guilfoyle said “Our main priority is to get a deal over the line to save the club’s future but the current campaign being directed at The P&A Partnership by some fans is hampering negotiations. Unless protestors desist it is highly likely that the Joint Administrators will take steps to resign from office on Monday.
“Not only is the campaign disrupting our business and taking our focus off the job in hand, we are also deeply concerned about the associated risk to the wellbeing and personal safety of The P&A Partnership staff. No business or its employees should be subject to such foul, abusive and threatening emails.
“If we have to withdraw then the company’s former directors will have to resolve the current issues and we anticipate that HM Revenue and Customs would take immediate steps to wind up the club.”
Brendan Guilfoyle continued: “It is not appropriate to go into detail, but negotiations with Akkeron Group are ongoing. However, I can say that the amount they are prepared to contribute to the administration costs is currently unacceptable. The reason we can’t pay the wages is that we simply don’t have the surplus after deducting the costs we have to pay for running the club. These include VAT, match day expenses, utilities and maintenance costs, player accommodation and travel, insurance premiums and ancillary professional fees i.e. valuers and the PFA’s solicitors. “To be clear, neither The P&A Partnership nor Walker Morris are seeking payment in full (see notes to editors). We are agreeable to accepting a lesser figure to facilitate the sale of the club but not at the level currently offered by Akkeron Group.
“From the outset of the administration Plymouth City Council made it clear that they wanted the administrators to find a private sector solution to the club’s financial difficulties. It is for this reason that the joint administrators pursued a sale of the business and asset of the company to a consortium represented by Kevin Heaney as far as they possibly could.
“It was only when Kevin Heaney, and others, formally withdrew their interest that the Joint Administrators could provide PCC with an assurance that no private sector solution was available. Also, I should stress that the offer made by Akkeron Group in March was, at that stage, unacceptable to the company’s creditors.
“It is regrettable that we are in this position, but given the level of contribution we are seeking from the Akkeron Group we consider that the gap is bridgeable and could be negotiated or obtained in an alternative way. I would personally urge fans to end their disruptive action and please let all parties negotiate the best possible outcome they can to save their football club."
I wonder who was responsible for that? I suppose if it was good enough against P&A it was good enough against FoCP. It could get very interesting if the person/those involved take up a 'position' at the Club. |
| | | Gareth Nicholson
Posts : 163 Join date : 2011-11-07
| Subject: Re: ITS ALL KICKING OFF!!!!! Thu Sep 19, 2013 1:28 pm | |
| - Pokesdown wrote:
- Greenjock wrote:
- That's a good read almost 2 years on. A lot of valid points made by ATD posters who are derided as lunatics and freaks, especially the bits about Ridsdale, feck me were they scared of him or what, and of course about Chairman Webb who basically became Brent's spokesman on earth until the great man was ready to address the unwashed masses who had been made fully aware of his role as saviour.
And the only reward Webby wanted was a club to support, and a title, and a directors box seat for his friends, and his own column in the club website, and an AAA pass for him and his mates so they can swan around Home Park and grin like simpletons when they see the Chuckle Brothers arriving, and the chance to turn Home Park into the San Siro with flags and displays and smoke bombs and flares making it the most intimidating atmosphere the away side had encountered since being told that Nando's had run out of Piri Piri chicken.
Right there with you on all that comrade!
The line at the time was that Brent was getting nervous with all the vitriol aimed at Ridsdale and was threatening in the background to pull out. I had a PM from Newell at the time when I posted something anti-Ridsdale on Pasoti at the time (2 years ago on Saturday in fact). Indeed. When I was on the Board of the Trust Chris asked a lackey (can't remember who) to ask me to delete a post I made on Pasoti about Ridsdale. Brent wanted Ridsdale on board, make no mistake about that. To paraphrase what he said at a meeting I attended on behalf of AFT with The Usual Suspects, his view was that Ridsdale just needed to be better managed. As if that was the problem. That's why you had all the "oh, he's a football man and we need them". Just think what would have happened if he had stayed. A couple of months later he was disqualified for being a company director for seven years. Judgementfail. |
| | | Hitch
Posts : 588 Join date : 2013-09-18
| Subject: Re: ITS ALL KICKING OFF!!!!! Thu Sep 19, 2013 2:48 pm | |
| - Gareth Nicholson wrote:
- Pokesdown wrote:
- Greenjock wrote:
- That's a good read almost 2 years on. A lot of valid points made by ATD posters who are derided as lunatics and freaks, especially the bits about Ridsdale, feck me were they scared of him or what, and of course about Chairman Webb who basically became Brent's spokesman on earth until the great man was ready to address the unwashed masses who had been made fully aware of his role as saviour.
And the only reward Webby wanted was a club to support, and a title, and a directors box seat for his friends, and his own column in the club website, and an AAA pass for him and his mates so they can swan around Home Park and grin like simpletons when they see the Chuckle Brothers arriving, and the chance to turn Home Park into the San Siro with flags and displays and smoke bombs and flares making it the most intimidating atmosphere the away side had encountered since being told that Nando's had run out of Piri Piri chicken.
Right there with you on all that comrade!
The line at the time was that Brent was getting nervous with all the vitriol aimed at Ridsdale and was threatening in the background to pull out. I had a PM from Newell at the time when I posted something anti-Ridsdale on Pasoti at the time (2 years ago on Saturday in fact). Indeed. When I was on the Board of the Trust Chris asked a lackey (can't remember who) to ask me to delete a post I made on Pasoti about Ridsdale.
Brent wanted Ridsdale on board, make no mistake about that. To paraphrase what he said at a meeting I attended on behalf of AFT with The Usual Suspects, his view was that Ridsdale just needed to be better managed. As if that was the problem. That's why you had all the "oh, he's a football man and we need them". Just think what would have happened if he had stayed. A couple of months later he was disqualified for being a company director for seven years.
Judgementfail. Quite staggering how some peoples' definition of 'fit and proper' changes with the wind and with personal benefit. |
| | | Tringreen
Posts : 10917 Join date : 2011-05-10 Age : 74 Location : Tring
| Subject: Re: ITS ALL KICKING OFF!!!!! Thu Sep 19, 2013 3:14 pm | |
| Quite how the most unfit and praaaaaaaper fan, has the bare faced audacity to call the integrity of others into question, never ceases to amaze, nor surprise me in equal measure.
I'm just surprised it has taken so long, for so many to see through the web of deceit and self promotion. |
| | | Guest Guest
| Subject: Re: ITS ALL KICKING OFF!!!!! Thu Sep 19, 2013 3:58 pm | |
| Indeed Hitch.
Ridsdale is fit and proper and needs protecting as he's valuable to JB and his plans Damon is not fit or proper as he seems to want to ask some awkward questions of JB and his plans
I don't blame JB one bit, he's protecting his interests, perfectly natural. It is his foot soldiers who should be ashamed of themselves when the above is so plainly hypocritical. |
| | | Sir Francis Drake
Posts : 7461 Join date : 2011-12-03 Age : 33 Location : Nr Panama
| Subject: Re: ITS ALL KICKING OFF!!!!! Thu Sep 19, 2013 5:47 pm | |
| Who was actually paying Ridsdale? That was never clear. Was he being funded by the club or by Guilfoyle or by Heaney or by Brent? None of them? Or some of them? Or all of them?
This is important. It's a bit like when you buy a house; in that instance the only person actually working for the buyer is the solicitor. Everybody else involved is working either for the seller or the mortgage company and despite the impressions they might like to give the buyer's interests are not their first responsibility.
Ridsdale's involvement was always something of a mystery. Just what was he up to? What was his preferred outcome? He seemed to be angling towards taking the club on and selling the land to Heaney but who was Heaney really representing? Was that aspect all a pre-packed administration with all roads leading back to Stapleton & Co. Or just some of them? Or somewhere else?
What really puzzles me the most was how Guilfoyle allowed Heaney to retain Preferred Bidder exclusivity for so long despite missing deadline after deadline. Just what was in that contract?
It's hard to imagine that as experienced an operator as Guilfoyle drew up or agreed a contract that gave every important lever to Heaney and Heaney alone. He must have known what he was doing so why did he do it?
In the end, I have no doubt at all, Brent was the only realistic option so was Brent in some way manipulating Heaney, Guilfoyle, Ridsdale and everybody else to get this desired result? It's hard to believe that that could even be possible even if he wanted to.
But what is just as hard to believe is Brent's reluctant bidder schtick given that we now know that Argyle is a cog in the ice rink saga which itself is a cog in the Pavillions development which itself is a cog in the wider Millbay plan.
Maybe being able to put getting planning permission to build on land you do not own, land which is then signed over free of charge by the council, land which has been protected by covenants to protect the interests of the people of Plymouth in perpetuity, the asset-stripping of a once proud football club and the crushing of the dreams of its spectators to one side is a price worth paying we should just be happy that we still have a club.
Maybe we should just accept that we have been and are being totally shafted, rejoice in the fact that we have been and are being totally shafted and beg to be shafted longer, harder and more often in the the future because we're Plymouth Argyle and we deserve no better. |
| | | Tringreen
Posts : 10917 Join date : 2011-05-10 Age : 74 Location : Tring
| Subject: Re: ITS ALL KICKING OFF!!!!! Thu Sep 19, 2013 6:17 pm | |
| Ahhhhhhh but if you personally, along with your chums have the finished stadium [albeit boxed in and lower league] being dangled in front of your eyes, you might well decide that the reluctant bidder is wonderful......... a real gent !
Support his every whim. Marginalise all critics and you, along with your sponsors, shall inherit the terminally restricted club. Every small minded, self promoting janner's dream, foreshore. |
| | | Sir Francis Drake
Posts : 7461 Join date : 2011-12-03 Age : 33 Location : Nr Panama
| Subject: Re: ITS ALL KICKING OFF!!!!! Thu Sep 19, 2013 6:19 pm | |
| |
| | | Guest Guest
| Subject: Re: ITS ALL KICKING OFF!!!!! Thu Sep 19, 2013 6:19 pm | |
| I always thought that Ridsdale was doing the job of the administrator, by selling all our players that could command a fee thus saving the club more money and therefore more debt? That was how it was explained at the time, his reward was to buy the club for £1. Question the ethics and morals of Ridsdale all you want but would the club be any worse off now? I fail to see how it could. |
| | | Sir Francis Drake
Posts : 7461 Join date : 2011-12-03 Age : 33 Location : Nr Panama
| Subject: Re: ITS ALL KICKING OFF!!!!! Thu Sep 19, 2013 6:29 pm | |
| The problem was that Heaney couldn't keep his end of the bargain.
And who was he a front for anyway?
Whether it was better or worse doesn't really come into it. Would it have been acceptable if Heaney was fronting Stapleton & Co? Wasn't he funded by a Japanese source? That means either Kagami or Abe. And wasn't Abe tied into Gardner & Todd through Mastpoint?
And don't forget Heaney's takeover vehicle used Stapleton's accountancy firm's address for a while. |
| | | jabba the gut ecfc
Posts : 370 Join date : 2011-09-07
| Subject: Re: ITS ALL KICKING OFF!!!!! Fri Sep 20, 2013 9:34 pm | |
| - Sir Francis Drake wrote:
- Who was actually paying Ridsdale? That was never clear. Was he being funded by the club or by Guilfoyle or by Heaney or by Brent? None of them? Or some of them? Or all of them?
This is important. It's a bit like when you buy a house; in that instance the only person actually working for the buyer is the solicitor. Everybody else involved is working either for the seller or the mortgage company and despite the impressions they might like to give the buyer's interests are not their first responsibility.
Ridsdale's involvement was always something of a mystery. Just what was he up to? What was his preferred outcome? He seemed to be angling towards taking the club on and selling the land to Heaney but who was Heaney really representing? Was that aspect all a pre-packed administration with all roads leading back to Stapleton & Co. Or just some of them? Or somewhere else?
What really puzzles me the most was how Guilfoyle allowed Heaney to retain Preferred Bidder exclusivity for so long despite missing deadline after deadline. Just what was in that contract?
It's hard to imagine that as experienced an operator as Guilfoyle drew up or agreed a contract that gave every important lever to Heaney and Heaney alone. He must have known what he was doing so why did he do it?
In the end, I have no doubt at all, Brent was the only realistic option so was Brent in some way manipulating Heaney, Guilfoyle, Ridsdale and everybody else to get this desired result? It's hard to believe that that could even be possible even if he wanted to.
But what is just as hard to believe is Brent's reluctant bidder schtick given that we now know that Argyle is a cog in the ice rink saga which itself is a cog in the Pavillions development which itself is a cog in the wider Millbay plan.
Maybe being able to put getting planning permission to build on land you do not own, land which is then signed over free of charge by the council, land which has been protected by covenants to protect the interests of the people of Plymouth in perpetuity, the asset-stripping of a once proud football club and the crushing of the dreams of its spectators to one side is a price worth paying we should just be happy that we still have a club.
Maybe we should just accept that we have been and are being totally shafted, rejoice in the fact that we have been and are being totally shafted and beg to be shafted longer, harder and more often in the the future because we're Plymouth Argyle and we deserve no better. Eureka. This is something I mentioned a while back - i.e how important it might be to find the missing links in an administration preocess that looked as fishy as hell. As you say, who was involved in the BIL consortium and what connections with relevant players did they have? What are Brent and Ridsdale's past connnections, given that we know Contacts Riddler has a historic connection with Citibank in relation to his activities in football? Was the BBC's allegation that Brent and Ridsdale were involved in the first bid to be made after your club went into adminstrationaccurate? Brent's effusive praise for the Riddler does make you wonder. (And also makes a mockery of one of X-Isle's absurdly contradictory positions - i.e "Riddler = Spawn of the Devil, The Reluctant Bidder = honesty, integrity and transparency). A friend of mine who was involved in an administration at another football club in a rescue bid, reminded me that during the shenanigans, the Herald were apparently saying "off-air" that they were investigating, but that they wouldn't rock the boat while everything was up in the air. What happened to these investigations? |
| | | Guest Guest
| Subject: Re: ITS ALL KICKING OFF!!!!! Sat Sep 21, 2013 9:00 am | |
| - jabba the gut ecfc wrote:
- Sir Francis Drake wrote:
- Who was actually paying Ridsdale? That was never clear. Was he being funded by the club or by Guilfoyle or by Heaney or by Brent? None of them? Or some of them? Or all of them?
This is important. It's a bit like when you buy a house; in that instance the only person actually working for the buyer is the solicitor. Everybody else involved is working either for the seller or the mortgage company and despite the impressions they might like to give the buyer's interests are not their first responsibility.
Ridsdale's involvement was always something of a mystery. Just what was he up to? What was his preferred outcome? He seemed to be angling towards taking the club on and selling the land to Heaney but who was Heaney really representing? Was that aspect all a pre-packed administration with all roads leading back to Stapleton & Co. Or just some of them? Or somewhere else?
What really puzzles me the most was how Guilfoyle allowed Heaney to retain Preferred Bidder exclusivity for so long despite missing deadline after deadline. Just what was in that contract?
It's hard to imagine that as experienced an operator as Guilfoyle drew up or agreed a contract that gave every important lever to Heaney and Heaney alone. He must have known what he was doing so why did he do it?
In the end, I have no doubt at all, Brent was the only realistic option so was Brent in some way manipulating Heaney, Guilfoyle, Ridsdale and everybody else to get this desired result? It's hard to believe that that could even be possible even if he wanted to.
But what is just as hard to believe is Brent's reluctant bidder schtick given that we now know that Argyle is a cog in the ice rink saga which itself is a cog in the Pavillions development which itself is a cog in the wider Millbay plan.
Maybe being able to put getting planning permission to build on land you do not own, land which is then signed over free of charge by the council, land which has been protected by covenants to protect the interests of the people of Plymouth in perpetuity, the asset-stripping of a once proud football club and the crushing of the dreams of its spectators to one side is a price worth paying we should just be happy that we still have a club.
Maybe we should just accept that we have been and are being totally shafted, rejoice in the fact that we have been and are being totally shafted and beg to be shafted longer, harder and more often in the the future because we're Plymouth Argyle and we deserve no better. Eureka.
This is something I mentioned a while back - i.e how important it might be to find the missing links in an administration preocess that looked as fishy as hell. As you say, who was involved in the BIL consortium and what connections with relevant players did they have? What are Brent and Ridsdale's past connnections, given that we know Contacts Riddler has a historic connection with Citibank in relation to his activities in football? Was the BBC's allegation that Brent and Ridsdale were involved in the first bid to be made after your club went into adminstrationaccurate? Brent's effusive praise for the Riddler does make you wonder. (And also makes a mockery of one of X-Isle's absurdly contradictory positions - i.e "Riddler = Spawn of the Devil, The Reluctant Bidder = honesty, integrity and transparency).
A friend of mine who was involved in an administration at another football club in a rescue bid, reminded me that during the shenanigans, the Herald were apparently saying "off-air" that they were investigating, but that they wouldn't rock the boat while everything was up in the air. What happened to these investigations? What I found so utterly bizarre about the whole administration saga was that there was never any urgency by Guilfoyle despite the apparent hopelessness of our situation. We were initially told that admin wasn't an option as there wasn't even enough money to pay the administrators. Yet a few months later both they and the staff were working without pay. Whenever you hear about another club in the same mess the administrators seem to set deadlines for someone to come up with some cash or the club will fold. How many times did this happen to Pompey and Palace and countless other clubs? There was something very fishy about the whole process and I don't think we have heard the last of it. I wonder if things will make more sense when Brent sells up? Who will he sell to? |
| | | seadog Admin
Posts : 15058 Join date : 2011-05-10 Age : 65 Location : @home or on the piss
| Subject: Re: ITS ALL KICKING OFF!!!!! Sat Sep 21, 2013 9:44 am | |
| Keep moving, move along, nothing to see here. _______________________________________ COYG!
|
| | | Guest Guest
| Subject: Re: ITS ALL KICKING OFF!!!!! Sat Sep 21, 2013 11:16 am | |
| - jabba the gut ecfc wrote:
- Sir Francis Drake wrote:
- Who was actually paying Ridsdale? That was never clear. Was he being funded by the club or by Guilfoyle or by Heaney or by Brent? None of them? Or some of them? Or all of them?
This is important. It's a bit like when you buy a house; in that instance the only person actually working for the buyer is the solicitor. Everybody else involved is working either for the seller or the mortgage company and despite the impressions they might like to give the buyer's interests are not their first responsibility.
Ridsdale's involvement was always something of a mystery. Just what was he up to? What was his preferred outcome? He seemed to be angling towards taking the club on and selling the land to Heaney but who was Heaney really representing? Was that aspect all a pre-packed administration with all roads leading back to Stapleton & Co. Or just some of them? Or somewhere else?
What really puzzles me the most was how Guilfoyle allowed Heaney to retain Preferred Bidder exclusivity for so long despite missing deadline after deadline. Just what was in that contract?
It's hard to imagine that as experienced an operator as Guilfoyle drew up or agreed a contract that gave every important lever to Heaney and Heaney alone. He must have known what he was doing so why did he do it?
In the end, I have no doubt at all, Brent was the only realistic option so was Brent in some way manipulating Heaney, Guilfoyle, Ridsdale and everybody else to get this desired result? It's hard to believe that that could even be possible even if he wanted to.
But what is just as hard to believe is Brent's reluctant bidder schtick given that we now know that Argyle is a cog in the ice rink saga which itself is a cog in the Pavillions development which itself is a cog in the wider Millbay plan.
Maybe being able to put getting planning permission to build on land you do not own, land which is then signed over free of charge by the council, land which has been protected by covenants to protect the interests of the people of Plymouth in perpetuity, the asset-stripping of a once proud football club and the crushing of the dreams of its spectators to one side is a price worth paying we should just be happy that we still have a club.
Maybe we should just accept that we have been and are being totally shafted, rejoice in the fact that we have been and are being totally shafted and beg to be shafted longer, harder and more often in the the future because we're Plymouth Argyle and we deserve no better. Eureka.
This is something I mentioned a while back - i.e how important it might be to find the missing links in an administration preocess that looked as fishy as hell. As you say, who was involved in the BIL consortium and what connections with relevant players did they have? What are Brent and Ridsdale's past connnections, given that we know Contacts Riddler has a historic connection with Citibank in relation to his activities in football? Was the BBC's allegation that Brent and Ridsdale were involved in the first bid to be made after your club went into adminstrationaccurate? Brent's effusive praise for the Riddler does make you wonder. (And also makes a mockery of one of X-Isle's absurdly contradictory positions - i.e "Riddler = Spawn of the Devil, The Reluctant Bidder = honesty, integrity and transparency).
A friend of mine who was involved in an administration at another football club in a rescue bid, reminded me that during the shenanigans, the Herald were apparently saying "off-air" that they were investigating, but that they wouldn't rock the boat while everything was up in the air. What happened to these investigations? It was openly acknowledged that Ridsdale had a Citibank contact - think he would swan off to New York for meetings but then towards the end the contact seemed to be an employed minion or something? Would like to see this name come out one day - surely it couldn't have been.......? As an aside, many financial gurus have Citibank in the top 3 toxic mobs!! |
| | | Guest Guest
| Subject: Re: ITS ALL KICKING OFF!!!!! Wed Sep 25, 2013 2:43 pm | |
| - Iggy wrote:
- I always thought that Ridsdale was doing the job of the administrator, by selling all our players that could command a fee thus saving the club more money and therefore more debt? That was how it was explained at the time, his reward was to buy the club for £1. Question the ethics and morals of Ridsdale all you want but would the club be any worse off now? I fail to see how it could.
From what I remember (at least on how it was reported by different avenues) was that Ridsdale was selling the players to help pay off the debt to the Inland Revenue, thus preventing them from putting in place their own administrator and scuppering the involvement of Guilfoyle. It was later pointed out that PR and BG had previous, friends if you like, which went on to make tidy sums, although from who has never been made clear. |
| | | Elias
Posts : 6006 Join date : 2011-12-05 Location : brent out
| Subject: Re: ITS ALL KICKING OFF!!!!! Wed Jul 23, 2014 9:05 pm | |
| - Freathy wrote:
- Does this mean James "legend" Brent isn't just waiting for the formality of the ground purchase by PCC before his 'done deal' takeover is complete? Have we been misled? Surely not!
BUMP ! But with stripes |
| | | cornysteve
Posts : 318 Join date : 2012-10-10 Location : Near the bar
| Subject: Re: ITS ALL KICKING OFF!!!!! Wed Jul 23, 2014 9:22 pm | |
| Bollocks. Saw this and thought something had actually happened. Shit bump. |
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| Subject: Re: ITS ALL KICKING OFF!!!!! | |
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| | | | ITS ALL KICKING OFF!!!!! | |
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