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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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Re: First Bid Is In

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Posts: 10538
Joined: 19:20 06 Sep 2006
by Balham_Green
» 12:58 12 Mar 2011


Babararacucudada wrote:
Chris Dennis wrote:
leep33 wrote: I cannot believe after being part of the seven that got us into this mess they can even be allowed to contemplate making a bid, this is a complete joke!! :twisted:


If football considers itself a business then it has to accept that former directors reappear like this all the time in the real world.

If they come up with the best offer I'm not sure how the administrator can 'prefer' another bidder because he favours the people making it.


He has to do what is best for the club. I suppose that that is a subjective decision but KT/SRG have proven themselves to be very bad for the club previously. Their bid could be rejected simply because they made it, couldn't it?


I understand the first priority is to do what is best for the creditors.

Re: First Bid Is In

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Joined: 18:48 02 Aug 2006
by Dorchester Green
» 13:19 12 Mar 2011


I'm sure you gents more experienced in the art of negotiation will correct me if I am wrong with this.

Imagine you are a director or two of a failed company and its widely perceived as your fault. Then imagine the amount of money you get back is directly related to what people pay to take over the company (and by the way you have ensured you are at or near the front of the list as creditors).

What you do is leak to the press that you have put a bid in and tell them its value (of course denying that it is really you and probably not putting the bid in at all anyway). You never really expect to win (not going to happen anyway if you never actually submitted a bid in the first place) but what you do is force other bidders to put in higher bids than they would otherwise do to maximise the return to yourselves.

Cynical, moi?

Stop playing games with our football club and go back to wherever you came from.

Re: First Bid Is In

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Posts: 15344
Joined: 20:19 31 Oct 2010
by PL2 3DQ
» 13:41 12 Mar 2011
Pauls Flag, Site Admin, Lowey Sponsor, Dom Sponsor


The BBC report is not entirely accurate.

Todd and Gardner have been approached by Affinity Sports Finance to help put a bid together to buy Argyle.
ASF is headed by Terry Pritchard, a finance guy who was involved in trying to buy Portsmouth.

ASF have been asked by a mysterious UK investor who is based abroad to look into formulating a bid for Argyle with advice sought from Gardner and Todd.

It's unclear if Todd and Gardner will supply any money or have any part in running the club if ASF are successful in winning a bid on behalf of their client.
We shall see.

James Brent looks the better option for everyone - Get On Up! :)

Re: First Bid Is In

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Joined: 16:47 24 Feb 2007
by Tugboat
» 13:54 12 Mar 2011
Club Donor


Todd and co are wasting there time and should move on.

I just hope whoever it is realises that the most important thing is the football. They have to understand that.
There needs to be only one voice coming from the board room and thats from the chairman. If it is Brent/Ridsdale then fine, it works. Brent with the funding and support with PR running the club on a day to day basis with his football/buisness head on.

Not sure if we have hit rock bottom just yet but its certainly looking better now than it was a few weeks back, hopefully next week looks even better with the right people in charge of a football club.
Everyday above ground is a good day

Re: First Bid Is In

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Joined: 11:10 15 Apr 2004
Location: East Devon
by Ave_IT
» 14:15 12 Mar 2011


X Isle wrote: I couldn't with all moral conscience support a club run by these two.

I would consider the club's very existence to be a fraud having failed to pay £13m debts, fobbed creditors off with a pittance and then made noises about investment.
A) it'll never come, the NWO are synonymous with false promises of investment.
B) even if it ever did it'll be for property only, the NWO are also synomymous with showing absolutely no interest in football, no interest in the hopes and aspirations of it's customers.
C) charging the team rent and starving it of investment represents a glass ceiling, a limit to our ability to rise up the leagues.

For those reason, if they take over, with not a shred of regret, i'm out :twisted:.


But isn't that just giving it to them? If squatters moved into your house would you take the same attitude i.e. flounce off in a really big strop? I fully agree with your assessment just not the conclusion. I don't have the answer about what we should do if those shysters got hold of OUR club but I'm sure giving them a free ride isn't it. Perhaps some kind of direct action (peaceful obviously) so it becomes impossible for them to continue? I dunno - I'm sure other more inventive than me will have ideas.
Smarter people than I have been total idiots - and I've met them all.

Re: First Bid Is In

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Posts: 1360
Joined: 20:18 04 Jan 2009
Location: Plymouth
by Lee Payne
» 14:33 12 Mar 2011


PL2 3DQ wrote: The BBC report is not entirely accurate.

Todd and Gardner have been approached by Affinity Sports Finance to help put a bid together to buy Argyle.
ASF is headed by Terry Pritchard, a finance guy who was involved in trying to buy Portsmouth.

ASF have been asked by a mysterious UK investor who is based abroad to look into formulating a bid for Argyle with advice sought from Gardner and Todd.

It's unclear if Todd and Gardner will supply any money or have any part in running the club if ASF are successful in winning a bid on behalf of their client.
We shall see.



James Brent looks the better option for everyone - Get On Up! :)



Surely Todd and Gardner would never pass the League fit and proper owner test!!

Re: First Bid Is In

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Posts: 2968
Joined: 10:02 21 Jun 2005
Location: N Hampshire
by Greenblooded1
» 15:05 12 Mar 2011


Andrew Owen wrote:
Devonportender wrote: Gok Wan


I find that offensive. :x


It's a medical condition. Hitler allegedly had it, according to folklore / childrens song.
If quizzes are quizzical, what are tests?

Re: First Bid Is In

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Joined: 10:17 29 Jul 2010
by X Isle
» 16:04 12 Mar 2011


Ave_IT wrote:
X Isle wrote: I couldn't with all moral conscience support a club run by these two.

I would consider the club's very existence to be a fraud having failed to pay £13m debts, fobbed creditors off with a pittance and then made noises about investment.
A) it'll never come, the NWO are synonymous with false promises of investment.
B) even if it ever did it'll be for property only, the NWO are also synomymous with showing absolutely no interest in football, no interest in the hopes and aspirations of it's customers.
C) charging the team rent and starving it of investment represents a glass ceiling, a limit to our ability to rise up the leagues.

For those reason, if they take over, with not a shred of regret, i'm out :twisted:.


But isn't that just giving it to them? If squatters moved into your house would you take the same attitude i.e. flounce off in a really big strop? I fully agree with your assessment just not the conclusion. I don't have the answer about what we should do if those shysters got hold of OUR club but I'm sure giving them a free ride isn't it. Perhaps some kind of direct action (peaceful obviously) so it becomes impossible for them to continue? I dunno - I'm sure other more inventive than me will have ideas.


Bogus analagy Swiss, they wouldn't be squatting, they'd be the legitimate owners of the ground/club lock stock and barrell. If anything we'd be the squatters in their little rent earning scheme. With the focus totally on non-footballing activities having to open the garden gates and allow in the great unwashed 25 times a year would be a real burden for them, we'd be the one's in the way.

Oh i'd be up for some direct action alright. I removed a post i'd written about some guerilla warfare, i'll keep my powder dry on those ideas in case, god forbid, they were ever required 8-). I couldn't give them a single penny though, my support could continue away from home I guess but in the nightmare scenario of underfunded tenants Argyle would be stuffed forever. Unable to progress in the league due to the owners TAKING from the football club and not INVESTING in it, the club would be effectively castrated. It would die a slow painful death as the futility of it's existence began to dawn on the remaining supporters who didn't twig early on.

It wouldn't be a flounce, it'd be a rational and moral decision. You don't accuse people switching off the life support system of their loved one's of flouncing, they've recognised that the person before them no longer bears any resemblence to the wonderful being they knew and loved and will never recover from the situation their in. Now THAT's an analagy :wink:.

Re: First Bid Is In

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Posts: 3886
Joined: 19:11 30 Dec 2004
by oddball
» 17:33 12 Mar 2011
Pauls Flag


PL2 3DQ wrote: The BBC report is not entirely accurate.

Todd and Gardner have been approached by Affinity Sports Finance to help put a bid together to buy Argyle.
ASF is headed by Terry Pritchard, a finance guy who was involved in trying to buy Portsmouth.

ASF have been asked by a mysterious UK investor who is based abroad to look into formulating a bid for Argyle with advice sought from Gardner and Todd.

It's unclear if Todd and Gardner will supply any money or have any part in running the club if ASF are successful in winning a bid on behalf of their client.
We shall see.

James Brent looks the better option for everyone - Get On Up! :)

James Brent is a property developer with absolutely no interest whatsover in Plymouth Argyle.Same as Kagami,so why would he be a better option?
PASOTI Quiz Winner

Re: First Bid Is In

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Posts: 990
Joined: 22:11 07 Jan 2007
Location: Plymouth
by Mike Charlick
» 17:45 12 Mar 2011


X Isle wrote:
Ave_IT wrote:
X Isle wrote: I couldn't with all moral conscience support a club run by these two.

I would consider the club's very existence to be a fraud having failed to pay £13m debts, fobbed creditors off with a pittance and then made noises about investment.
A) it'll never come, the NWO are synonymous with false promises of investment.
B) even if it ever did it'll be for property only, the NWO are also synomymous with showing absolutely no interest in football, no interest in the hopes and aspirations of it's customers.
C) charging the team rent and starving it of investment represents a glass ceiling, a limit to our ability to rise up the leagues.

For those reason, if they take over, with not a shred of regret, i'm out :twisted:.


But isn't that just giving it to them? If squatters moved into your house would you take the same attitude i.e. flounce off in a really big strop? I fully agree with your assessment just not the conclusion. I don't have the answer about what we should do if those shysters got hold of OUR club but I'm sure giving them a free ride isn't it. Perhaps some kind of direct action (peaceful obviously) so it becomes impossible for them to continue? I dunno - I'm sure other more inventive than me will have ideas.


Bogus analagy Swiss, they wouldn't be squatting, they'd be the legitimate owners of the ground/club lock stock and barrell. If anything we'd be the squatters in their little rent earning scheme. With the focus totally on non-footballing activities having to open the garden gates and allow in the great unwashed 25 times a year would be a real burden for them, we'd be the one's in the way.

Oh i'd be up for some direct action alright. I removed a post i'd written about some guerilla warfare, i'll keep my powder dry on those ideas in case, god forbid, they were ever required 8-). I couldn't give them a single penny though, my support could continue away from home I guess but in the nightmare scenario of underfunded tenants Argyle would be stuffed forever. Unable to progress in the league due to the owners TAKING from the football club and not INVESTING in it, the club would be effectively castrated. It would die a slow painful death as the futility of it's existence began to dawn on the remaining supporters who didn't twig early on.

It wouldn't be a flounce, it'd be a rational and moral decision. You don't accuse people switching off the life support system of their loved one's of flouncing, they've recognised that the person before them no longer bears any resemblence to the wonderful being they knew and loved and will never recover from the situation their in. Now THAT's an analagy :wink:.


How can you compare that to the fate of a bloody football club?
Never wrestle with a pig. You get dirty, and besides, the pig likes it.

Re: First Bid Is In

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Posts: 42
Joined: 13:34 16 Jan 2005
Location: Cardiff
by mike_swag
» 17:49 12 Mar 2011


oddball wrote:
PL2 3DQ wrote: The BBC report is not entirely accurate.

Todd and Gardner have been approached by Affinity Sports Finance to help put a bid together to buy Argyle.
ASF is headed by Terry Pritchard, a finance guy who was involved in trying to buy Portsmouth.

ASF have been asked by a mysterious UK investor who is based abroad to look into formulating a bid for Argyle with advice sought from Gardner and Todd.

It's unclear if Todd and Gardner will supply any money or have any part in running the club if ASF are successful in winning a bid on behalf of their client.
We shall see.

James Brent looks the better option for everyone - Get On Up! :)

James Brent is a property developer with absolutely no interest whatsover in Plymouth Argyle.Same as Kagami,so why would he be a better option?


My thoughts as well, why is it that Brent is hailed as some sort of messiah? - he's not even an Argyle fan... at least Todd is!!
South Wales Argyle Green

Re: First Bid Is In

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Posts: 83
Joined: 12:15 23 Mar 2005
by green_for_life
» 18:07 12 Mar 2011


X Isle wrote:
Ave_IT wrote:
X Isle wrote: I couldn't with all moral conscience support a club run by these two.

I would consider the club's very existence to be a fraud having failed to pay £13m debts, fobbed creditors off with a pittance and then made noises about investment.
A) it'll never come, the NWO are synonymous with false promises of investment.
B) even if it ever did it'll be for property only, the NWO are also synomymous with showing absolutely no interest in football, no interest in the hopes and aspirations of it's customers.
C) charging the team rent and starving it of investment represents a glass ceiling, a limit to our ability to rise up the leagues.

For those reason, if they take over, with not a shred of regret, i'm out :twisted:.


But isn't that just giving it to them? If squatters moved into your house would you take the same attitude i.e. flounce off in a really big strop? I fully agree with your assessment just not the conclusion. I don't have the answer about what we should do if those shysters got hold of OUR club but I'm sure giving them a free ride isn't it. Perhaps some kind of direct action (peaceful obviously) so it becomes impossible for them to continue? I dunno - I'm sure other more inventive than me will have ideas.


Bogus analagy Swiss, they wouldn't be squatting, they'd be the legitimate owners of the ground/club lock stock and barrell.



What happened to OUR club, you know, the badge, the shirt, the history?. You're showing tiny conkers. Even if they became legitimate owners of the ground we could get political. I've never agreed with your Janner bashing and we've certainly had other disagreements eg Sturrocks signings but never did I think you're a 'surrender monkey'. Man up ffs, you're better than the quoted part of your post.

Re: First Bid Is In

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Posts: 15344
Joined: 20:19 31 Oct 2010
by PL2 3DQ
» 19:19 12 Mar 2011
Pauls Flag, Site Admin, Lowey Sponsor, Dom Sponsor


oddball wrote:
PL2 3DQ wrote: The BBC report is not entirely accurate.

Todd and Gardner have been approached by Affinity Sports Finance to help put a bid together to buy Argyle.
ASF is headed by Terry Pritchard, a finance guy who was involved in trying to buy Portsmouth.

ASF have been asked by a mysterious UK investor who is based abroad to look into formulating a bid for Argyle with advice sought from Gardner and Todd.

It's unclear if Todd and Gardner will supply any money or have any part in running the club if ASF are successful in winning a bid on behalf of their client.
We shall see.

James Brent looks the better option for everyone - Get On Up! :)

James Brent is a property developer with absolutely no interest whatsover in Plymouth Argyle.Same as Kagami,so why would he be a better option?


Maybe but at least he knows what he is talking about....

I, as a matter of policy, won't comment on my involvement, but I do believe it is very important to the region that the club survives and is run for the benefit of the fans.

"I believe strongly that the football club needs to be run with a high degree of corporate governance, in a financially strong manner, to ensure that the issues that are faced are not repeated.

"A football club should be focused on being well financed and concentrated on football."
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