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Re: All Ready for tomorrow! - The Rescue Plan / Plan B Meeti

Posted: 10:05 15 Jul 2011
by oggyale
tonycholwell wrote: Guys, I hate to say this, but beyond the obvious sentimentality of some of the posts is a complete mis understanding of the situation.

Chris has rather well laid out the proposition that this is Plan B and only to be enacted if Plan A fails. Plan B is all about James Brent riding over the horizon IF Heaney fails to deliver.

It is not an alternative to Plan A because he wasnt that committed to buying Argyle. If he was we wouldnt be in the apparent mess many believe we are currently in. He made it very clear he would not finance the club, including paying the staff, whilst deciding if he wished to proceed. He would not pay the exclusivity payments nor pay that much to those Argyle oweed.

Against that backdrop, Heaney is now in pole position and will probably get the freeholds and pass off the club to the Riddler. The time to gee up Brent was some months ago and persuade him to go a step further. he didnt want to and so we are where we are.

Like wise Viv P cant be seen to come out and say "PCC will buy HP, which is why she hasnt.

We are where we are for very good reasons. 2/3 pretty awful alternatives but the ginger one is heading for the tape first and the Riddler is still smiling.

Relax, the contest is over, now you only have to decide if you wish to actively support Argyle or not.




:iagree:

I would like to add also,that the Trust can use this as a template for when the need will arise again (and i believe it will). And if Ridsdale is to leave once the club is on a sounder footing,then the Trust will be in a more decent position to make a claim,providing they can keep sweet talking Brent and badgering the Council.

Re: All Ready for tomorrow! - The Rescue Plan / Plan B Meeti

Posted: 10:06 15 Jul 2011
by Gareth Nicholson
Celia Ellacott wrote: Michael Foot would have been completely behind this.

Resurgam


I disagree. Michael Foot would have been right at the front of this!

Re: All Ready for tomorrow! - The Rescue Plan / Plan B Meeti

Posted: 10:10 15 Jul 2011
by tonycholwell
Peter_Jones wrote:
tonycholwell wrote: Guys, I hate to say this, but beyond the obvious sentimentality of some of the posts is a complete mis understanding of the situation.

Chris has rather well laid out the proposition that this is Plan B and only to be enacted if Plan A fails. Plan B is all about James Brent riding over the horizon IF Heaney fails to deliver.

It is not an alternative to Plan A because he wasnt that committed to buying Argyle. If he was we wouldnt be in the apparent mess many believe we are currently in. He made it very clear he would not finance the club, including paying the staff, whilst deciding if he wished to proceed. He would not pay the exclusivity payments nor pay that much to those Argyle oweed.

Against that backdrop, Heaney is now in pole position and will probably get the freeholds and pass off the club to the Riddler. The time to gee up Brent was some months ago and persuade him to go a step further. he didnt want to and so we are where we are.

Like wise Viv P cant be seen to come out and say "PCC will buy HP, which is why she hasnt.

We are where we are for very good reasons. 2/3 pretty awful alternatives but the ginger one is heading for the tape first and the Riddler is still smiling.

Relax, the contest is over, now you only have to decide if you wish to actively support Argyle or not.


Tony, you really are extremely patronising, and you appear to believe that all those engaged in the Plan B initiative are entirely devoid of intelligence and insight.

There are very good reasons to be deeply concerned about the ""Irish"" Bid, and its potential impact on Argyle. Not least the bizarre process that the Leeds group have pursued.

Furthermore, the obsessive secrecy surrounding this Bid and the administrator's willingness to lie repeatedly in order to protect is an issue that even Yates of the Yard may feel compelled to investigate in a parallel world.

Plan B is not about that, however.

Plan B is about preparing a backstop should Plan A fail.

And it could well fail.

First, Heaney may not be able to come up with the money. Why? Because of the lack of certainty that planning permission for his scheme for the park will be granted. Plus the time it could take to go through.

It is already known that one of his key investors has walked away.

Second, because the FL may not buy into the paper-thin, translucent Chinese Walls being erected to create the illusion that Heaney has no interest in the club.

Third, because of the "fit and proper persons test". Both Ridsdale and Heaney have liquidated companies in the last three years, leaving trails of debt unpaid. In Ridsale's case, over a third of a milion pounds to the taxpayer (you and me). At least one of those liquidations is still under investigation.

Fourth, because of what is happening at Cardiff Crown Court in a couple of weeks. Sorry, but I don't think that anyone can guarantee that Mr Ridsdale will be found "not guilty". For all of his bragadaccio, the chance remains that the CPS have a case.

So - we're not out of the woods yet. By any means. And the season starts in just over three weeks time.

Surely it would be irresponsible for there not to be a Plan B in place?

And if the administrator isn't prepared to put in the work (despite his eye-watering fees), others have to step up to the plate.


Peter

Written like the PR pro you are.

Having re read both my posts on this thread I cant find anything patronising just caution.

The bottom line is this, I have found, for different reasons, all three bids distaseful, but after the demise of the M7 it was always going to be thus. If the Heaney bid fails there was the Brent bid which could, at his own suggestion, be brought back. I appreciate that you, he and Chris have kept in contact so you may know more thaan is in the public domain, but, Mr Brent looks more than capable of doing a deal alone if needs be. He has the money, the experience and the stated desire. OK, desire was a poor choice of word as that is the one quality thats missing from an almost perfect bid.

Not that I doubt the sincerity of the others attending the meeting, just the necessity. Perhaps there is another agenda no one has explaiined to the rest of us. maybe not. But after the past 3 years it would be slovenly to accept anything connected with Argyle at face value.

Re: All Ready for tomorrow! - The Rescue Plan / Plan B Meeti

Posted: 10:24 15 Jul 2011
by Celia Ellacott
Touche Gareth. I was going to put 'right' behind this but I realised of course this was wrong too.

Re: All Ready for tomorrow! - The Rescue Plan / Plan B Meeti

Posted: 10:38 15 Jul 2011
by Richard Blight
oggyale wrote:
tonycholwell wrote: Guys, I hate to say this, but beyond the obvious sentimentality of some of the posts is a complete mis understanding of the situation.

Chris has rather well laid out the proposition that this is Plan B and only to be enacted if Plan A fails. Plan B is all about James Brent riding over the horizon IF Heaney fails to deliver.

It is not an alternative to Plan A because he wasnt that committed to buying Argyle. If he was we wouldnt be in the apparent mess many believe we are currently in. He made it very clear he would not finance the club, including paying the staff, whilst deciding if he wished to proceed. He would not pay the exclusivity payments nor pay that much to those Argyle oweed.

Against that backdrop, Heaney is now in pole position and will probably get the freeholds and pass off the club to the Riddler. The time to gee up Brent was some months ago and persuade him to go a step further. he didnt want to and so we are where we are.

Like wise Viv P cant be seen to come out and say "PCC will buy HP, which is why she hasnt.

We are where we are for very good reasons. 2/3 pretty awful alternatives but the ginger one is heading for the tape first and the Riddler is still smiling.

Relax, the contest is over, now you only have to decide if you wish to actively support Argyle or not.




:iagree:

I would like to add also,that the Trust can use this as a template for when the need will arise again (and i believe it will). And if Ridsdale is to leave once the club is on a sounder footing,then the Trust will be in a more decent position to make a claim,providing they can keep sweet talking Brent and badgering the Council.



That is a very good point.

Re: All Ready for tomorrow! - The Rescue Plan / Plan B Meeti

Posted: 10:51 15 Jul 2011
by mercedes
It's Plan B for me!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Good luck today lads!!!!!!!!!!!!!!!!!

Re: All Ready for tomorrow! - The Rescue Plan / Plan B Meeti

Posted: 10:57 15 Jul 2011
by Cameron Millar
What time is the meeting results being posted?

Re: All Ready for tomorrow! - The Rescue Plan / Plan B Meeti

Posted: 11:41 15 Jul 2011
by rickyjacks1
Getting late here in Brunei, what time do i have to stay up till to get any news?

Re: All Ready for tomorrow! - The Rescue Plan / Plan B Meeti

Posted: 11:44 15 Jul 2011
by FordGreen
Just out of curiosity, as I know next to nothing about these things, but is there some sort of Ombudsman or regulatory body that complaints about the conduct or behaviour of an appointed Administrator can be made to? Guilfoyle's performance has, at best, been mediocre but for the most part downright shameful. Could he be replaced as a result of a formal protest or complaint? :?

Re: All Ready for tomorrow! - The Rescue Plan / Plan B Meeti

Posted: 11:52 15 Jul 2011
by Sue Pollard
rickyjacks1 wrote: Getting late here in Brunei, what time do i have to stay up till to get any news?


I'm not 100% sure, but I think the meeting was being held at either 10 or 11 am.

So could be a while yet before Chris and Co will be able to report anything back, but think they are going to try their best to get something out before tonight's game.

Re: All Ready for tomorrow! - The Rescue Plan / Plan B Meeti

Posted: 11:59 15 Jul 2011
by cheshiregreen
FordGreen wrote: Just out of curiosity, as I know next to nothing about these things, but is there some sort of Ombudsman or regulatory body that complaints about the conduct or behaviour of an appointed Administrator can be made to? Guilfoyle's performance has, at best, been mediocre but for the most part downright shameful. Could he be replaced as a result of a formal protest or complaint? :?



This'll cheer you up Ford. :roll:

Link


Graham Clark
Post subject: Re: Buttivant probe into Admin process.Posted: 06 Jul 2011 10:26



Joined: 05 May 2009 22:03
Posts: 660
Location: Plymouth Marcus The Green wrote:
Buttivant has chosen to use a private investigation company, rather than going through the official route of complaint. IF he has such a problem....why doesn't he take it up with whoever regulates administrators??


Insolvency Practitioners are regulated through the Insolvency Practitioners Association. There is a formal complaints procedure and there are published guidelines on 'Transparancy and Confidentiality' which could assist in the formulation of any formal complaint.

In addition, there is a Practice Guidance, Ethics and Standards Committee that played a major part in drafting the guidelines. No doubt the Chairman would have played a major part in ensuring the guidelines are robust and fit for purpose. The name of the Chairman ...... yes, you've guessed it - Mr. Brendan Guilfoyle!!!!
No wonder Mr. Buttivant has resorted to the unorthadox.




Re: All Ready for tomorrow! - The Rescue Plan / Plan B Meeti

Posted: 12:08 15 Jul 2011
by FordGreen
Yep, I was aware of that but his position surely can't be Blatter-esque? If there's a DIRECT complaint againt him personally then surely he would have to withdraw and exclude himself from any investigation (or decision to instigate one)?

Re: All Ready for tomorrow! - The Rescue Plan / Plan B Meeti

Posted: 12:21 15 Jul 2011
by Balham_Green
Peter_Jones wrote:
tonycholwell wrote: Guys, I hate to say this, but beyond the obvious sentimentality of some of the posts is a complete mis understanding of the situation.

Chris has rather well laid out the proposition that this is Plan B and only to be enacted if Plan A fails. Plan B is all about James Brent riding over the horizon IF Heaney fails to deliver.

It is not an alternative to Plan A because he wasnt that committed to buying Argyle. If he was we wouldnt be in the apparent mess many believe we are currently in. He made it very clear he would not finance the club, including paying the staff, whilst deciding if he wished to proceed. He would not pay the exclusivity payments nor pay that much to those Argyle oweed.

Against that backdrop, Heaney is now in pole position and will probably get the freeholds and pass off the club to the Riddler. The time to gee up Brent was some months ago and persuade him to go a step further. he didnt want to and so we are where we are.

Like wise Viv P cant be seen to come out and say "PCC will buy HP, which is why she hasnt.

We are where we are for very good reasons. 2/3 pretty awful alternatives but the ginger one is heading for the tape first and the Riddler is still smiling.

Relax, the contest is over, now you only have to decide if you wish to actively support Argyle or not.


Tony, you really are extremely patronising, and you appear to believe that all those engaged in the Plan B initiative are entirely devoid of intelligence and insight.

There are very good reasons to be deeply concerned about the ""Irish"" Bid, and its potential impact on Argyle. Not least the bizarre process that the Leeds group have pursued.

Furthermore, the obsessive secrecy surrounding this Bid and the administrator's willingness to lie repeatedly in order to protect is an issue that even Yates of the Yard may feel compelled to investigate in a parallel world.

Plan B is not about that, however.

Plan B is about preparing a backstop should Plan A fail.

And it could well fail.

First, Heaney may not be able to come up with the money. Why? Because of the lack of certainty that planning permission for his scheme for the park will be granted. Plus the time it could take to go through.

It is already known that one of his key investors has walked away.

Second, because the FL may not buy into the paper-thin, translucent Chinese Walls being erected to create the illusion that Heaney has no interest in the club.

Third, because of the "fit and proper persons test". Both Ridsdale and Heaney have liquidated companies in the last three years, leaving trails of debt unpaid. In Ridsale's case, over a third of a milion pounds to the taxpayer (you and me). At least one of those liquidations is still under investigation.

Fourth, because of what is happening at Cardiff Crown Court in a couple of weeks. Sorry, but I don't think that anyone can guarantee that Mr Ridsdale will be found "not guilty". For all of his bragadaccio, the chance remains that the CPS have a case.

So - we're not out of the woods yet. By any means. And the season starts in just over three weeks time.

Surely it would be irresponsible for there not to be a Plan B in place?

And if the administrator isn't prepared to put in the work (despite his eye-watering fees), others have to step up to the plate.


Fifth, the issue of paying, not paying FL creditors, which could actually be the downfall of the plan.