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General The Story So Far
A chronicle of 2011-2012 using classic, popular and important threads from Pasoti. Court winding-up petitions, administration, Preferred Bidder, Fundraising, Chris Webb, Q&A with James Brent - it's all here.
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Posts: 16499
Joined: 10:41 18 Sep 2003
Location: Ottawa, Canada
by Ottawa Green
» 17:04 06 Feb 2011
Site Admin, Dom Sponsor, NHS


CVA could also mean

Schools

Carrabassett Valley Academy, a ski and snowboard academy based in Carrabassett Valley, Maine
College of Visual Arts, a four-year private college in Minnesota
Conservatorium van Amsterdam (CvA), a conservatory of music in the Netherlands
Contextual value added, CVA is a statistic used by the government of the United Kingdom to assess the performance of schools
Cyber Village Academy, a charter school in Saint Paul, Minnesota
Medicine

Cerebrovascular accident, also known as a stroke
Cough-variant asthma, a form of asthma in which the main symptom is a chronic cough
Costovertebral angle, the acute angle formed between the twelfth rib and the vertebral column
Military

CVA, the United States Navy's hull classification symbol for attack aircraft carriers (CV being the symbol for "aircraft carrier," and A for "attack"); e.g., USS United States (CVA-58)
CVA-01, a class of British aircraft carriers planned for the post–World War II era but ultimately cancelled
Cape Town Volunteer Artillery, the original name of the Cape Field Artillery regiment of South Africa
Financial

Collateral Valuation Adjustment, a concept in debt restructuring
Credit Value Adjustment, a credit component of FAS 157 Fair Valuation
Certified Valuation Analyst, a specialist in business valuation standards certified by the National Association of Certified Valuation Analysts
Company voluntary arrangement, for companies in insolvency
Other

CVA (album), an album by the hardcore band Paint It Black
Christian Vegetarian Association, an organization that promotes Christian vegetarianism
Corpus vasorum antiquorum, an international research project documenting ancient ceramic pottery collections
Conservation Volunteers Australia, an Australian organization to provide better environment
cis-vaccenyl acetate, an insect pheromone
Connecticut Valley Arms, a U.S. importer and distributor of black powder muzzleoading firearms
Context Value Association, a context/value association file specifies the relationship of information items in document contexts to external enumerations of values allowed for each item.
Cache Valley Airsoft, an airsofting group in northern Utah.
Certified Verification Agency, for use in the energy industry.

thankyou to http://en.wikipedia.org/wiki/CVA :)

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Posts: 4240
Joined: 19:02 12 Jun 2006
Location: Hampshire, UK
by Argylegames
» 17:06 06 Feb 2011
Site Admin, Pauls Flag, Dom Sponsor, Lowey Sponsor, Katie Sponsor, NHS


Ottawa Green wrote: thankyou to http://en.wikipedia.org/wiki/CVA :)


If you are going to use the lazy journalist's source then most of the above will obviously be wrong!
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Posts: 6
Joined: 19:02 08 Aug 2009
by HomeTruths
» 17:12 06 Feb 2011


Ten Second Pete wrote: CVA. That's all I can say.

Yes. It seems the only option. Now that the January sales did not bring as much in (BWP, Bhasera, Mason) or see as much go out off the books (Seip, Fallon) as was needed. And now that the promised 'money' from Japan is either too little, too late or not forthcoming at all.Ridsdale's only option would seem to be to persuade the Board of their responsibility and arrange a CVA.

Which investor would buy us before the club is in administration? It would make no financial sense to invest now. Unless a Mandaric-like deal was done whereby the biggest debts were written off. Maybe Ridsdale can magic something like that. But more likely, any investor will wait til Administration. The only people who would be crazy enough to invest in the club before Administration and with its current liabilities and ongoing cash-flow problem would be Argyle fans.

The good news is that we will still have a club playing professional football.

The best news would be if the Council stepped in and bought the ground, and The Trust, together with an enlightened investor, stepped in and 'sold' the club to the Community (like the Green Bay Packers model - if you're watching the Superbowl - or the Barcelona model.)

Talking of enlightened investors I wonder if another PR has some cash ... what a figurehead he'd be for a 'Trust Plus' consortium..

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Posts: 4240
Joined: 19:02 12 Jun 2006
Location: Hampshire, UK
by Argylegames
» 17:16 06 Feb 2011
Site Admin, Pauls Flag, Dom Sponsor, Lowey Sponsor, Katie Sponsor, NHS


If we go into administration we can say goodbye to the embargo being lifted this season.

When Pompey went to admin last year the first people to go were the staff.
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Posts: 1834
Joined: 08:34 07 Oct 2003
by bandwagon
» 17:31 06 Feb 2011


Looks like the cats outa the bag!!
Back and all angelic!! Hahahahahah!!

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by Ian Newell
» 17:38 06 Feb 2011


Argylegames wrote: If we go into administration we can say goodbye to the embargo being lifted this season.


That's not important though is it? If we're -10 points, we're down anyway, so why worry about if we lose every game from now until the end of the season (minus St Aimless obviously).

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Posts: 3385
Joined: 08:24 09 Oct 2003
Location: Saltash (or Feltham)
by Frank_Butcher
» 17:47 06 Feb 2011


So this seems to suggest CVA and Administration are not quite the same thing (I plead ignorance here).

I'm assuming though that CVA would still result in a 10 point deduction, but can someone confirm ?

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Posts: 3385
Joined: 08:24 09 Oct 2003
Location: Saltash (or Feltham)
by Frank_Butcher
» 17:51 06 Feb 2011


pontypoolgreen wrote:
Frank_Butcher wrote: So this seems to suggest CVA and Administration are not quite the same thing (I plead ignorance here).

I'm assuming though that CVA would still result in a 10 point deduction, but can someone confirm ?


Yes Frank it will.


Thanks ponty - Accrington, Burton and Stevenage here we come then.

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Posts: 8621
Joined: 16:54 21 Feb 2008
Location: Plymouth
by GreenSam
» 17:55 06 Feb 2011


pontypoolgreen wrote: If we were to go into Admin what would happen with the season ticket money that we've borrowed against.

Will that go down as another debt and be written off??

Obviously I don't know any ins and outs, but you'd imagine so in theory.

If the administrator negotiates 5p/10p in the pound then whichever creditor has paid us that loan would only get a small amount back.
Argyle Life is your 100% unofficial and independent source of Plymouth Argyle analysis, news and opinions.
You can listen to Green & White, the original Plymouth Argyle podcast, on iTunes, Spotify and Stitcher.

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Posts: 119
Joined: 17:47 24 Sep 2008
Location: LSE and Yelverton
by blenks
» 18:15 06 Feb 2011


With a CVA - any or all of the current directors could/would still carry on running the club both during and after the arrangement. If a CVA is seriously being proposed then the payments to HMRC (which would never entertain any such arrangement) last month look suspiciously like preferring a single creditor at the expense of others.

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Posts: 3903
Joined: 08:35 09 Jun 2006
Location: Somerset
by tonycholwell
» 18:23 06 Feb 2011


Frank_Butcher wrote:
pontypoolgreen wrote:
Frank_Butcher wrote: So this seems to suggest CVA and Administration are not quite the same thing (I plead ignorance here).

I'm assuming though that CVA would still result in a 10 point deduction, but can someone confirm ?


Yes Frank it will.


Thanks ponty - Accrington, Burton and Stevenage here we come then.


I went to Accrington Stanley late last year, oh what a proper ground that is :) A joy for all proper fans to say they were there.

The Pirelli is modern, I was working in Burton when they were building it, flat site, easy parking and great beer everywhere.

Stevenage, must be close to M25 and just off of the Ai(M). Wow, how easy is that?

Looking forwarrd to it already.

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Posts: 1834
Joined: 08:34 07 Oct 2003
by bandwagon
» 18:30 06 Feb 2011


GreenSam wrote:
pontypoolgreen wrote: If we were to go into Admin what would happen with the season ticket money that we've borrowed against.

Will that go down as another debt and be written off??

Obviously I don't know any ins and outs, but you'd imagine so in theory.

If the administrator negotiates 5p/10p in the pound then whichever creditor has paid us that loan would only get a small amount back.


Perhaps I've got it wrong but wasn't next years' ST cash, something to do with the money lent By Joe Plumieri?
Back and all angelic!! Hahahahahah!!

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Posts: 1834
Joined: 08:34 07 Oct 2003
by bandwagon
» 18:38 06 Feb 2011


tonycholwell wrote:
Frank_Butcher wrote:
pontypoolgreen wrote:
Frank_Butcher wrote: So this seems to suggest CVA and Administration are not quite the same thing (I plead ignorance here).

I'm assuming though that CVA would still result in a 10 point deduction, but can someone confirm ?


Yes Frank it will.


Thanks ponty - Accrington, Burton and Stevenage here we come then.


I went to Accrington Stanley late last year, oh what a proper ground that is :) A joy for all proper fans to say they were there.

The Pirelli is modern, I was working in Burton when they were building it, flat site, easy parking and great beer everywhere.

Stevenage, must be close to M25 and just off of the Ai(M). Wow, how easy is that?

Looking forwarrd to it already.


Easy trains out of St Pancras to Stevenage, about 5 stops? Weird sort of newtown though!!
Back and all angelic!! Hahahahahah!!
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