With the deadline fast approaching and still no word from the potential new owners, does anyone else think that the goalposts (pardon the pun) will again be moved? How sick are we all of hearing no news throught this sorry saga, it could only happen at Argyle! The longer this drags on the less chance we have of holding onto out manager and players and if Reidy were to stay how much time does this give him to work his magic with players and tactics. To the potential new owners, FCS what is the delay? If you are serious about PAFC GET ON WITH IT NOW, WE HAVE ALL HAD ENOUGH!!!
They are not serious about the club. They want to ensure they can get permission for the land to be developed before they will confirm who they are. Ridsdale is running the club, he just needs some funds to get us moving so whether the bidders will give him this before or indeed after the deadline remains to be seen. I agree it is sickening though, we have been through this secret dodgy dealing tripe all season. Now the even the administrator may be investigated for the way he has handled the bidding process...
Reid-all-about-it did you wake up grumpy today or one of the other 7 dwarfs? It isn't the 14th yet and we have been told that is announcement day. Whether we like it or not, and most don't, we ain't going to hear anything before then. We have pretty much known from the outset that these are developers and that is their main bag. There is nothing surprising in the redevelopment bit is there. Until the 14th I absolutely refuse to get downbeat about all of this. There will be time for a complete meltdown (or Meldrew) after the event if it is called for. After the year I've had so far then I am bound to be due something positive as a law of averages.
Well said Sensible. There is nothing to be gained by getting your knickers in a twist over all this, no gain at all. This is the cruel harsh world of business in full effect, like it or not Argyle is a business first and foremost and a business that is slowly trying to pull out of meltdown. Keep calm, carry on and keep the faith
It woudn't be surprising if the negotiations ran over, most of these things do. The problems are how long the buyers are willing to fund running costs and whether the thing is complete by August, when another 10 point deduction kicks in - I think - if we are still in administration. The midnight oil will be being burned by both sides, believe me, it won't be for want of trying.
The preferred bidder is only interested in their own well-being and how things pan out for themselves. We already know that the football club is an inconvenience for them,fortunately for them Peter Ridsdale was willing to take it off their hands. Development of what comes with the club is their priority, playing with their toys is the name of the game, such as.....diggers,lorries,concrete,scaffolding,hard-hats etc etc.......once thats all organized they might then come out of the woodwork and we might be then surprised at who the top man is !!!. How much money will be left for PAFC then..........probably not a lot.
Are you guys for real? Do you seriously expect to be told anything on 14??? If this date is kept it'll be a first. Aren't we used to being pissed about? Just letting off steam sensible
Lets put it this way I don't expect to be told anything BEFORE the 14th that is for sure. Whether we get told anything on that date is another matter. My Mrs gives me a hard time for something I haven't done somewhere before she has even asked because she says I will say yes and won't do it. That might be a lady thing but I'd like to be given the opportunity to transgress before the tirade. At least I feel I maybe deserve it then. You can't moan at them for something they haven't yet done. As for how much money will be left for the football club. Well I think we know it is not a Bill Gates bail out don't we. We have always known this. Lets just wait and see and then shout and scream.
Reid all about it, its only another week and you may know a little more, hopefully. Surely the year cannot get any worse? Lets all wait and see what happens next week before we start shouting.
I believe there was no rejections at the CVA deadline meeting yesterday, so I assume it can only be good news to come. I for one will be celebrating later tonight anyway!
It would seem that June 14th was a date that was only pencilled in for a guideline to aim for,but picking up on comments recently aired it would appear that will not be achieved. The more realistic date would be the end of the month,I say that because the so called "Irish Consortium" have paid one million pounds for their"preferred bidders" exclusivity status until the end of June. When that time arrives they will have to make some definate decisions, because they surely would have to pay more to continue with exclusivity rights. With Buttivant making noises in the wings as well, surely that will be when all will be revealed (we hope) to the administrators, PAFC and the supporters on how things will proceed and who they actually are. With the possibility of other players asking to be released soon it surely can't come quickly enough.
Aren't the consortium currently supposed to be covering running costs, including current player wages? Bolasie was a special case wasn't he in handing in a 14 day notice to quit? Having said that, in the admittedly unlikely event that some of the other more expensive players decided to go also e.g. Walton, Arnason, it might be a good thing. The big wage earners take up a disproportionate slug of the capped wage bill and we might be better off with twice the number of eager youngsters at half the cost.
I find myself concerned about the latter part of this article: http://www.thisisplymouth.co.uk/Ply...icket-prices/story-12729817-detail/story.html I thought Guilfoyle was looking for a bunch of people who cared about helping the club. Next season in admin is not an option Mr Guilfoyle how ever much you and Ridsdale seem to think it is. How many fans do they expect to turn up if we already start the season with -10 or -15 pts and no players? Sorry to rant but it is beginning to make my blood boil.
Are you sure there's a second deduction Hobo? I've been going around saying I THINK there is [hopefully I said that more times than not] but in truth I can't recall where I got the idea from. I'm not sure at what point we'd be released from a transfer embargo either - if that doesn't go, it will be strictly 5 a-side. You're right, that is a weird paragraph. What clear of what debt for a start? The unsecured creditors should have been cleared out in the administration and if any secured debt remains, surely that goes with the ground and won't be part of the football club? The club was living hand-to-mouth for cash for a period, so that can't have thrown up any new debts. Is it then debts owing to the new owners for recent running costs? If so that's a very poor start, it's one thing to throw the club adrift to pay for itself - that's what it should have been doing all along, but to saddle it with the price of getting exclusivity on the entirely separate and presumably lucrative property deals, it's a shocker.
It is a little irrelevant as even if it is only -10pts without a squad of well experienced players we can not really hope to recover anyway. What has annoyed me is that Guilfoyle said he would go for the bidders who cared most about the wellbeing of the club and would cover the costs. At the moment we can not see any of that and saying that they may not bother revealing their names or intentions until the end of June beggars belief. I hope I am wrong but it is irritating me a bit.
I don't think any of them said any different did they? They all said the club had to be self-financing going forward, which is another way of saying "no money from me, you're on your own"! You have to remember this is not the purchase of a football club, it's the purchase of potential property development schemes which happen to have a football club attached. It's a complicated business, I spent far longer than this not so long ago embroiled in a ultimately unsuccessful project to sell a property business. It's a nightmare, every individual site has got 20 or 30 different variables attached to it, in that case including ancient manorial rights to reed beds [not a good thing to have running across a distribution depot], liabilities to repair railway bridges, leaky flats, and on and on and on, let alone planning & environment. Oh and interestingly, a parental company guarantee of the rent of a lower league football club! Who in their right mind would grant one of those? It does your head in but every one of these things has to be understood to complete the transaction. It's easy to resent all this but in my opinion, if it wasn't for the property development potential, PAFC would be well-and-truly bust by now. There wasn't a single bidder whose first interest was the club rather than the property, was there?
5 a-side that would be nice, problem is the other team are'nt obliged to play with only five players, it isn't their problem we've only got half a team.
n D G...........I would have thought that the preferred bidder would be paying more than some of the bills...........50% wages is a recipe to test the most loyal players sincerity.........could be others soon doing a Bolasie.........5 a-side might be just about what we can run to on the practise pitch...........we've still got a practise pitch I hope !!!
