Argyle's Sponsor in Trouble?

IanRedington wrote:

Czarcasm wrote:

I wonder what FES has done to achieve 'infamy' in the world of lending?

Loan Talk Article wrote:

The adverse lender had already been surrounded with financial difficulties, with reports emerging over the lender’s supposed inability to fund deals.

Brokers in touch with Loan Talk had raised such concerns after supposedly forwarding deals and not receiving replies.

Back in 2009, FES was forced to issue a reassuring statement to the intermediary world, claiming that new funding was on the way and business was open as usual.

Being fair, Mr Barron admitted on here there had been funding issues in the past and the reason he gave was an unexpectedly high volume of trade, if I remember correctly.

Angry wrote:

to me this looks like FES folding was known well in advance hence FIL appearing out of no where to take over sponsorships like DJM and that crap forum pasoti.

Nikkk confirmed that he personally was funding the sponsorships and it was just a branding exercise to attach FILs name to it.

The same goes for the on going sponsorship of the RIP FES Devonport End. Nikkk is using his own money to cover it. Much to the delight of James Brent I would guess.

Where did Nick Barron make his money in his earlier life?

Loantalk wrote:

Yet, in an email to operators of a football club’s fan forum, on the 19th December, Nik reassured fans that the company was “not in liquidation”. However according to the London Gazette, provisional liquidation measures were introduced on the 10th December 2013 – one day after Nik or “Nick” had established his new project, First International Lending.

Is this implying that Nikkk more or less straight faced lied to everyone on Pasoti (and ATD)?

In which case, can Nikkk be taken at his word about anything?

Let's face it... He keeps good company with Newell who is a non stop pathological liar.

I await Nikkk's explanation.

I had pointed the discrepancy out earlier. I think there is wriggle room in the semantics of Nikks reply but I don't think he was playing entirely with a straight bat.

Isn't the difference in the word "provisional"? And he has said that he then decided to not put up a challenge.

Rickler wrote:

Loantalk wrote:

Yet, in an email to operators of a football club’s fan forum, on the 19th December, Nik reassured fans that the company was “not in liquidation”. However according to the London Gazette, provisional liquidation measures were introduced on the 10th December 2013 – one day after Nik or “Nick” had established his new project, First International Lending.

Is this implying that Nikkk more or less straight faced lied to everyone on Pasoti (and ATD)?  

In which case, can Nikkk be taken at his word about anything?

Let's face it...  He keeps good company with Newell who is a non stop pathological liar.

I await Nikkk's explanation.

Hang on, this is becoming a bit complicated and this reporter is getting himself confused.
This report suggests that the company is now in voluntary liquidation. It is not, neither voluntarily or by the winding up petition. The hearing was adjourned until March. So we are exactly where we have been for some time now. The provisional liquidator/ administrator has been in place for some time and as was agreed in the very early stages of this mess.  As we know things have moved on. I can assure you I have been absolutely honest and clear in my answers and in all comments made. FES is not and has not been in administration or liquidation. In point of fact it may now be that with new info I have received the process may not proceed to a winding up order hearing at all. The provisional liquidator/administrator was in place prior to the 10th December but the fact was published in the Gazette several weeks after.
FIL has been in place for a little while now, but we decided to register in the uk as well as BVI on the 9th December. The reporter does not understand the position of an interim/provisional/temporary (or whatever you want to call it) liquidator/administrator. An appointment in this fashion is a way away from actual liquidation.

The role of a provisional administrator seems fairly well defined as does who can appoint one and why.

Dougie wrote:

The role of a provisional administrator seems fairly well defined as does who appoints one.

Sure but as you can see, it is often taken by people that a company is already in liquidation at that point.

The business is being run by the provisional administrator though?

Does journalistic licence allow them to you the word infamous willy billy?

Doesn't look good does it

I think it Rabbit Out Of The Hat time

Dougie wrote:

The business is being run by the provisional administrator though?

Does journalistic licence allow them to you the word infamous willy billy?

I will be having a word ! Suspect from reading it though it's a youngster getting a little carried away. I don't think the readership extends to more than a hundred or so !

When did you first meet James Brent, nikkk?

Mock Cuncher wrote:

When did you first meet James Brent, nikkk?

A short while after the FES sponsorship started.

Nikkk is James Brent really a shape-shifting lizard from a far off nebula of stars?

hairy j wrote:

Nikkk is James Brent really a shape-shifting lizard from a far off nebula of stars?

Mate I've had a day and a half of a whole heap of legal nonsense the majority is with us and then see this !!   I think ill have a glass of wine and leave it to the lawyers   

nikkk can you lend me a 10ner ?

Nik are you going to be a regular poster on the people's forum from now on?

Dane. wrote:

nikkk can you lend me a 10ner ?

I'll take the majority decision.......

Dane. wrote:

nikkk can you lend me a 10ner ?

attention seeker

Nikkkk, I hope things go well for you as you've done a lot of good for the fans. A fan who puts money into the club is actually what people want as the majority on here (I probably count myself as that) bemoan and decry a non-football man who doesn't seem too concerned with who's playing on the pitch or what's being spent on our club.

Sufferedsince68 wrote:

Nik are you going to be a regular poster on the people's forum from now on?

Well to be fair these last couple of days I have had the time to post and comment but normally I struggle. I am keen though to get the FES FIL story straight and try and deal with some of the rather more questionable (!) bits and pieces I see around.

hairy j wrote:

Nikkkk, I hope things go well for you as you've done a lot of good for the fans. A fan who puts money into the club is actually what people want as the majority on here (I probably count myself as that) bemoan and decry a non-football man who doesn't seem too concerned with who's playing on the pitch or what's being spent on our club.

Thank you.

Hi Nikkk

Do you think the 17.7k capacity of the new stand is a constraint that will hinder argyle's growth in the future?

Would you have done anything different if you were owner? For example, adopt aspects of the Trust design. Built a slightly larger stand, or and make the design so the next increment of capacity is more realistic.

Your thoughts would be much appreciated. Thanks