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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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Statement from P&A Partnership re Argyle Fans Protest

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Posts: 299
Joined: 17:24 20 Sep 2003
Location: The North
by Drew_Savage
» 14:54 14 Oct 2011


Don't shoot the messenger!

This is it:
"14 October 2011

Statement from The P&A Partnership re Plymouth Argyle Football Company Limited (in administration)

The joint administrators of Plymouth Argyle Football Company Limited (in administration) warned today (October 14) that they are considering resigning from office.

Brendan Guilfoyle said “Our main priority is to get a deal over the line to save the club’s future but the current campaign being directed at The P&A Partnership by some fans is hampering negotiations. Unless protestors desist it is highly likely that the Joint Administrators will take steps to resign from office on Monday.

“Not only is the campaign disrupting our business and taking our focus off the job in hand, we are also deeply concerned about the associated risk to the wellbeing and personal safety of The P&A Partnership staff. No business or its employees should be subject to such foul, abusive and threatening emails.

“If we have to withdraw then the company’s former directors will have to resolve the current issues and we anticipate that HM Revenue and Customs would take immediate steps to wind up the club.”

Brendan Guilfoyle continued: “It is not appropriate to go into detail, but negotiations with Akkeron Group are ongoing. However, I can say that the amount they are prepared to contribute to the administration costs is currently unacceptable. The reason we can’t pay the wages is that we simply don’t have the surplus after deducting the costs we have to pay for running the club. These include VAT, match day expenses, utilities and maintenance costs, player accommodation and travel, insurance premiums and ancillary professional fees i.e. valuers and the PFA’s solicitors.
“To be clear, neither The P&A Partnership nor Walker Morris are seeking payment in full (see notes to editors). We are agreeable to accepting a lesser figure to facilitate the sale of the club but not at the level currently offered by Akkeron Group.

“From the outset of the administration Plymouth City Council made it clear that they wanted the administrators to find a private sector solution to the club’s financial difficulties. It is for this reason that the joint administrators pursued a sale of the business and asset of the company to a consortium represented by Kevin Heaney as far as they possibly could.

“It was only when Kevin Heaney, and others, formally withdrew their interest that the Joint Administrators could provide PCC with an assurance that no private sector solution was available. Also, I should stress that the offer made by Akkeron Group in March was, at that stage, unacceptable to the company’s creditors.

“It is regrettable that we are in this position, but given the level of contribution we are seeking from the Akkeron Group we consider that the gap is bridgeable and could be negotiated or obtained in an alternative way. I would personally urge fans to end their disruptive action and please let all parties negotiate the best possible outcome they can to save their football club."
Also available on Twitter @drewsavagesport - all opinions my own, not my employer's.

Re: Statement from P&A Partnership re Argyle Fans Protest

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Posts: 114
Joined: 09:47 05 Jan 2011
Location: Guildford
by LSGreen
» 14:59 14 Oct 2011


Drew_Savage wrote:
“Not only is the campaign disrupting our business and taking our focus off the job in hand, we are also deeply concerned about the associated risk to the wellbeing and personal safety of The P&A Partnership staff. No business or its employees should be subject to such foul, abusive and threatening emails.


Protest hasn't gone exactly to plan then.....

Re: Statement from P&A Partnership re Argyle Fans Protest

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by Ian Newell
» 15:02 14 Oct 2011


Here we go again, just like Gill and Stapleton were threatened!!

The only reason they've reacted like this, is because they've been outed for the scum they are!!

We're not paying the staff because JB won't pay us (even though they'd agreed what would be paid)

You couldn't make it up!!

War it is then!!

Re: Statement from P&A Partnership re Argyle Fans Protest

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Posts: 8216
Joined: 17:38 25 Feb 2005
Location: Lostwithiel, Capital of Cornwall.
by L G
» 15:05 14 Oct 2011
Pauls Flag, Lowey Sponsor


Perhaps if they'd have marketed the club in the first place.... :think:

Re: Statement from P&A Partnership re Argyle Fans Protest

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Joined: 14:28 09 Jun 2011
by richie_pafc
» 15:05 14 Oct 2011


im sure there were a "small minority" who were inappropriate, but this is a clear step to distract - nice try Brenda but no cigar.

Re: Statement from P&A Partnership re Argyle Fans Protest

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Posts: 3430
Joined: 19:17 02 Aug 2008
by Mike Greening
» 15:07 14 Oct 2011
Lowey Sponsor, Katie Sponsor


Drew_Savage wrote: Don't shoot the messenger!

This is it:
"14 October 2011

Statement from The P&A Partnership re Plymouth Argyle Football Company Limited (in administration)

The joint administrators of Plymouth Argyle Football Company Limited (in administration) warned today (October 14) that they are considering resigning from office.

Brendan Guilfoyle said “Our main priority is to get a deal over the line to save the club’s future but the current campaign being directed at The P&A Partnership by some fans is hampering negotiations. Unless protestors desist it is highly likely that the Joint Administrators will take steps to resign from office on Monday.

“Not only is the campaign disrupting our business and taking our focus off the job in hand, we are also deeply concerned about the associated risk to the wellbeing and personal safety of The P&A Partnership staff. No business or its employees should be subject to such foul, abusive and threatening emails.

“If we have to withdraw then the company’s former directors will have to resolve the current issues and we anticipate that HM Revenue and Customs would take immediate steps to wind up the club.”

Brendan Guilfoyle continued: “It is not appropriate to go into detail, but negotiations with Akkeron Group are ongoing. However, I can say that the amount they are prepared to contribute to the administration costs is currently unacceptable. The reason we can’t pay the wages is that we simply don’t have the surplus after deducting the costs we have to pay for running the club. These include VAT, match day expenses, utilities and maintenance costs, player accommodation and travel, insurance premiums and ancillary professional fees i.e. valuers and the PFA’s solicitors.
“To be clear, neither The P&A Partnership nor Walker Morris are seeking payment in full (see notes to editors). We are agreeable to accepting a lesser figure to facilitate the sale of the club but not at the level currently offered by Akkeron Group.

“From the outset of the administration Plymouth City Council made it clear that they wanted the administrators to find a private sector solution to the club’s financial difficulties. It is for this reason that the joint administrators pursued a sale of the business and asset of the company to a consortium represented by Kevin Heaney as far as they possibly could.

“It was only when Kevin Heaney, and others, formally withdrew their interest that the Joint Administrators could provide PCC with an assurance that no private sector solution was available. Also, I should stress that the offer made by Akkeron Group in March was, at that stage, unacceptable to the company’s creditors.

“It is regrettable that we are in this position, but given the level of contribution we are seeking from the Akkeron Group we consider that the gap is bridgeable and could be negotiated or obtained in an alternative way. I would personally urge fans to end their disruptive action and please let all parties negotiate the best possible outcome they can to save their football club."


Is this blackmail? Do we hold back until this is sorted? If they close the club then start a campaign to end all campaigns. :banghead:

Re: Statement from P&A Partnership re Argyle Fans Protest

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Posts: 654
Joined: 19:36 21 Feb 2011
Location: Thailand & Cornwall
by Thai green
» 15:07 14 Oct 2011


Drew,

I have just telephoned, ( from Thailand ), Sarah Quinn who is the Head of Marketing, Press & Media at The P & A Group of Companies in relation to the way in which P & A Partnership are conducting their role at Plyouth Argyle. I asked for the latest information from her with regards to the rumours that they are trying to execute money from Plymouth Argyle which has been ring-fenced for the new owner when he takes over, hopefully during this month.

She advised me ( on a bad line ) to read the latest statement and offering to send me a copy.

She did not mention any foul or abusive e-mails, in fact she seemed calm and I wonder if this is just another tactic to frighten people into submission?
One of the many 'Greens' in Thailand. Trust Member 911. My name is คุณฟิลิป in Thailand and Phil in Cornwall. TAKE CARE asbestos is a silent killer in your home, school and workplace !

Re: Statement from P&A Partnership re Argyle Fans Protest

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Joined: 08:35 09 Jun 2006
Location: Somerset
by tonycholwell
» 15:09 14 Oct 2011


IJN wrote: Here we go again, just like Gill and Stapleton were threatened!!

The only reason they've reacted like this, is because they've been outed for the scum they are!!

We're not paying the staff because JB won't pay us (even though they'd agreed what would be paid)You couldn't make it up!!

War it is then!!


And theres the reality, PandA are asking for a figure JB isnt prepared to pay, so to escape they blame the fans.

As you say IJN you couldnt make it up.
PASB Nominee (Tony Hooper)
https://twitter.com/tonyinvestigate

Re: Statement from P&A Partnership re Argyle Fans Protest

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Posts: 2829
Joined: 18:39 21 Feb 2011
by BadBoy
» 15:13 14 Oct 2011


:shock: its the councils fault that they pandered to the ginger fool for so long, seems everyone is to blame for this unmitigated disaster of an administration but brenda and his cohorts !!!
:banghead:
British by birth, Janner by the grace of god!!

Re: Statement from P&A Partnership re Argyle Fans Protest

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Posts: 8216
Joined: 17:38 25 Feb 2005
Location: Lostwithiel, Capital of Cornwall.
by L G
» 15:14 14 Oct 2011
Pauls Flag, Lowey Sponsor


Drew_Savage wrote:
“From the outset of the administration Plymouth City Council made it clear that they wanted the administrators to find a private sector solution to the club’s financial difficulties. It is for this reason that the joint administrators pursued a sale of the business and asset of the company to a consortium represented by Kevin Heaney as far as they possibly could.

“It was only when Kevin Heaney, and others, formally withdrew their interest that the Joint Administrators could provide PCC with an assurance that no private sector solution was available. Also, I should stress that the offer made by Akkeron Group in March was, at that stage, unacceptable to the company’s creditors.


And blaming PCC by the looks of things too :whistle:

Re: Statement from P&A Partnership re Argyle Fans Protest

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Posts: 3430
Joined: 19:17 02 Aug 2008
by Mike Greening
» 15:20 14 Oct 2011
Lowey Sponsor, Katie Sponsor


Drew_Savage wrote: Don't shoot the messenger!

This is it:
"14 October 2011

Statement from The P&A Partnership re Plymouth Argyle Football Company Limited (in administration)

The joint administrators of Plymouth Argyle Football Company Limited (in administration) warned today (October 14) that they are considering resigning from office.

Brendan Guilfoyle said “Our main priority is to get a deal over the line to save the club’s future but the current campaign being directed at The P&A Partnership by some fans is hampering negotiations. Unless protestors desist it is highly likely that the Joint Administrators will take steps to resign from office on Monday.

“Not only is the campaign disrupting our business and taking our focus off the job in hand, we are also deeply concerned about the associated risk to the wellbeing and personal safety of The P&A Partnership staff. No business or its employees should be subject to such foul, abusive and threatening emails.

“If we have to withdraw then the company’s former directors will have to resolve the current issues and we anticipate that HM Revenue and Customs would take immediate steps to wind up the club.”

Brendan Guilfoyle continued: “It is not appropriate to go into detail, but negotiations with Akkeron Group are ongoing. However, I can say that the amount they are prepared to contribute to the administration costs is currently unacceptable. The reason we can’t pay the wages is that we simply don’t have the surplus after deducting the costs we have to pay for running the club. These include VAT, match day expenses, utilities and maintenance costs, player accommodation and travel, insurance premiums and ancillary professional fees i.e. valuers and the PFA’s solicitors.
“To be clear, neither The P&A Partnership nor Walker Morris are seeking payment in full (see notes to editors). We are agreeable to accepting a lesser figure to facilitate the sale of the club but not at the level currently offered by Akkeron Group.

“From the outset of the administration Plymouth City Council made it clear that they wanted the administrators to find a private sector solution to the club’s financial difficulties. It is for this reason that the joint administrators pursued a sale of the business and asset of the company to a consortium represented by Kevin Heaney as far as they possibly could.

“It was only when Kevin Heaney, and others, formally withdrew their interest that the Joint Administrators could provide PCC with an assurance that no private sector solution was available. Also, I should stress that the offer made by Akkeron Group in March was, at that stage, unacceptable to the company’s creditors.

“It is regrettable that we are in this position, but given the level of contribution we are seeking from the Akkeron Group we consider that the gap is bridgeable and could be negotiated or obtained in an alternative way. I would personally urge fans to end their disruptive action and please let all parties negotiate the best possible outcome they can to save their football club."


If they carry out their threat is it possible to collate everything that has occurred since Guiltyfoil took over and formulate an official complaint to the powers that oversee the administrator's company.

Re: Statement from P&A Partnership re Argyle Fans Protest

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Posts: 625
Joined: 17:26 20 Sep 2003
Location: Bonn
by Moist_Von_Lipwig
» 15:21 14 Oct 2011


tonycholwell wrote:
IJN wrote: Here we go again, just like Gill and Stapleton were threatened!!

The only reason they've reacted like this, is because they've been outed for the scum they are!!

We're not paying the staff because JB won't pay us (even though they'd agreed what would be paid)You couldn't make it up!!

War it is then!!


And theres the reality, PandA are asking for a figure JB isnt prepared to pay, so to escape they blame the fans.

As you say IJN you couldnt make it up.


,.. and they're worried today about personal safety because of a few emails(?) yet are threatening to pull the plug on Monday??

Do these people live in the real world?

This saga just goes on and on!

Re: Statement from P&A Partnership re Argyle Fans Protest

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Posts: 47
Joined: 23:07 02 Aug 2006
Location: Bath/Paignton
by mikeyb66
» 15:21 14 Oct 2011


Are Akkeron not a private sector company then?
A wise man talks when he needs to, a fool speaks because he has to.
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