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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.
141 posts Page 11 of 11
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by esmer
» 12:17 07 Feb 2011


IJN wrote: Apparently, the PST money is behind Lombard and in front of Mastpoint in the pecking order IF everything should go tits up.

That could only be with the agreement of Mastpoint and Sir Roy, they had the second and third charge.

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by Ian Newell
» 12:30 07 Feb 2011


Well that's the deal, so it must have been agreed by both parties.

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by Argylegames
» 12:30 07 Feb 2011
Pauls Flag, Site Admin, Lowey Sponsor, Dom Sponsor, Katie Sponsor


X Isle wrote: I've come into this late, i'm very surprised but i'm at work so can't do a 12 pager. I'm sorry therefore if this quick question has already been covered.

I have a standing order for the (original) trust, I set it up because PASOTI required it for membership at the time AND I wished to help youth development. Now I don't have PASOTI membership and the trust does not support youth development i'm questioning the need, especially in light of this news.

As I personally believe it's time to stop giving the NWO our money, time to starve them out and start again........

.......is my standing order helping to prop up the failed regime?.


PAST&DT asked everybody to stop their standing orders when the hotel was sold as they had no need at the time for further income. I stopped mine at that time. You should have retained your pasoti membership unless you dropped one name and started another.
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by Laughter My Ploy
» 12:39 07 Feb 2011


I would like to applaud a brave brave decision by the Trustees...it must have been a vexing complex and truly awful decision to have to make

I would like to believe they made it for all the right reasons with all the right safeguards in place

It brings into sharp focus the problems of volunteering or entering into any kind of service for the public good...its never ever going to please everyone and faced with very real legal sanctions it must be a daunting prospect

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by Argylegames
» 16:56 07 Feb 2011
Pauls Flag, Site Admin, Lowey Sponsor, Dom Sponsor, Katie Sponsor


Laughter My Ploy wrote: It brings into sharp focus the problems of volunteering or entering into any kind of service for the public good...its never ever going to please everyone and faced with very real legal sanctions it must be a daunting prospect


As someone who knows very well the problems of which you speak, I have to disagree with you.

The trustees should have kept the money for PAFC2011's youth setup.

I would not have put a penny into the hands of the current board - especially STAPLEDWALLET at whose feet I put 99.9999999% of the blame.
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BBC headline.

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Posts: 866
Joined: 20:00 27 Nov 2009
Location: Plymouth.
by Shane Harris
» 18:11 07 Feb 2011


Making the news.

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by cheshiregreen
» 13:56 10 Feb 2011
Lowey Sponsor, Auction Winner


Trust Chairman speaks

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by philly
» 21:11 10 Feb 2011


Laughter My Ploy wrote: I would like to applaud a brave brave decision by the Trustees...it must have been a vexing complex and truly awful decision to have to make

I would like to believe they made it for all the right reasons with all the right safeguards in place

It brings into sharp focus the problems of volunteering or entering into any kind of service for the public good...its never ever going to please everyone and faced with very real legal sanctions it must be a daunting prospect

I, along with thousands of others, have been deeply upset with the state our club is currently in. I lost my Dad just over a year ago and I am just thankfull that he isn't around to see this debarcle. He put a lot of money, time and commitment into the Argyle Hotel and the youth set-up over the years and he, along with Ken Jones, would have only had Argyle's best interest at heart at all times. I just hope that this was the right decision and Im sure they wouldn't have gone into it with their eyes closed.

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by Ray the Aviator
» 07:31 11 Feb 2011
Lowey Sponsor


This dont look good . . .

http://www.thisisplymouth.co.uk/news/Lo ... ticle.html

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by A J Bayram
» 08:09 11 Feb 2011


Ray The Aviator wrote: This dont look good . . .

http://www.thisisplymouth.co.uk/news/Lo ... ticle.html


Let's hope that the money came from a "Trading Account" and not the Charity Account.

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by Mark_Colling
» 09:04 11 Feb 2011


a j bayram wrote:
Ray The Aviator wrote: This dont look good . . .

http://www.thisisplymouth.co.uk/news/Lo ... ticle.html


Let's hope that the money came from a "Trading Account" and not the Charity Account.

Since the club changed its arrangements for the youth team and the Trust was forced to sell the hostel in 2008, there has been no trading and besides which, it is a charity so it doesn't really matter which account the money came out of.

As for the Charity Commission investigating, it was always going to from the moment questions about it were raised in The Guardian; if everything is as watertight as people would have us believe then they will ask a few questions, get satisfactory answers and say "that's OK then" - and I really hope that is the case.

However, the starting point with football clubs is that they are a bad investment and this particular one has well known problems, they are going to start their enquiries for a position of skepticism.

I would have thought that the key questions would be the decsion making process (including in particular Satpleton's role), the strength of the security and whether the interest rate reflects the risk. (I have just had a quick look at the Ocean Finance website and their typical, variable rate is 17.9% APR. Most people will recieve a lower rate than this. Rates range from 11.9% to 29.9% APR.)
Plymouth Argyle Supporters Trapped in Avon

Keeping the Green Army in the vague vicinity of Brizzle in touch by email and through Facebook
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