Today was/is the deadline for the Irish lot to make another instalment (not sure if it's the last one) for exclusivity rights, failing to meet this deadline means the other bidders will be let into the mix.
If I remember previous stories on the payments, this should be the second one with one more due at the end of this month. So, has anyone heard if any cash has arrived then.
This is the second payment (21st June), the exclusivity ends at the end of June when a final payment will be made. 1st payment was............. £200.000. 2nd payment........we don't know how much !!! 3rd payment........what ever is outstanding from the two above payments to make up the exclusivity deal of one million pounds. Earlier I wrote an article (few days back) about how important this second and final payments were to PAFC's future. I was labelled a doom and gloom merchant and comments about lets be more up beat with cup and league opponents being revealed. If the preferred bidder is so scrooge like with the money that he has agreed to pay for the right of exclusivity then I think it's only right to be very nervous until that money is in the bank account. Until that happens the playing of football matches could end up on the back burner. Lets hope that the phantom buyers pay up as promised and stop hiding behind the settee or what ever else there hiding behind.
Brent was my favourite.............the problem would be the process would have to start again..............how do you get enough players to form a squad if you are restricted by the administration process ?
Listen in to Sparksey on BBC Radio Devon tomorroe morning, Guilfoyle is going to be on maybe to discuss this very topic.
I read an article by Peter Ridsdale some time ago where he said that Argyle were allowed to recruit up to a squad of 20 players and that the embargo, such as it is, would not matter. I take that to mean we can recruit whether in Administration or not. He also alluded to us not being penalised any further points if we were still in Admin at the start of the season. I think the only thing stopping any recruitment at the moment is having the cash to pay anyone. Once the cash comes in then that becomes less of a problem at least for the time being. I could be wrong but am sure that is what was said.
Quotes from Ridsdale (yesterday) "the survival of the club is on a knife edge", (today) "I've got no team,no kit and no sponsors".Don't it just fill you with confidence!This is on the back of Ridsdale saying today that Argyle staff may NEVER get all their back pay,while of course waiting to see if the next exclusivity payment turns up.There is only one truth in this we are in THE **** big time.
Well I've read previously that the kit was sorted and it was even described. I also read there was an offer of sponsorship which he said was not enough but there was one there. Obviously he can't conjour up a squad out of a hat. The point though is that I think this is more about Ridsdale keeping people focused and him having a whinge so that when he does pull it all out of a hat we will think he is the greatest thing since larger and curry. Do you know that the next exclusivity payment hasn't turned up aka? I think Mr Ridsdale will say a lot of things between now and the completion if there is one. He was telling us we were on a knife edge a couple of months ago and we seemingly are still managing to balance. Just keep it all crossed is all we can do but will also take a lot of the rhetoric with a large pinch of salt at the moment.
You have to be a bit optimistic aka. What is the point of being anything else right now. Be honest though none of these people speak with less than a forked tongue do they. We of all people should know that. I used to think that Politicians were lying if their lips moved but I think anyone connected to Argyle at any lofty level has taken the crown on that one over the last year or so. If the shutters go up at Home Park then I will believe the club has finally died. Until then it is business as usual from me.
Think this will answer a lot of questions .... I'd still prefer Brent though .... http://www.pafc.co.uk/page/NewsDetail/0,,10364~2380037,00.html
Well Gat it answers the main question,that a formal sale and purchase has been agreed. The next step is to sign the sale and purchase agreement. Good to hear that further funds are in the soliciters account. So we've moved from the exclusivity period to the final sale process. Might not be the buyer a lot of us wanted but it is pleasing that someone is going all the way. Knowing who the buyer is hasn't yet happened maybe they like being called the phantom bidder. The amount of the second payment is as yet unknown,will it be enough to help Ridsdale move foreward. Surely more information will be released during today from the pending interview.
The second payment is only £100.000 reports NEWSNOW...............and it missed tuesdays (21st) deadline, and will not be available till possibly the end of the week. Although the sale is good news it is disappointing that the second payment is so small. Do the phantom buyers care that PAFC are desperate for cash so that they can get ready for the coming season,it doesn't seem that they care two hoots about the non-construction side of the deal. You wonder what the future holds for a club thats been seperated from it's stadium,only being a tenant to a non-football landlord. What happens if in time PAFC gets sold on,the future is not looking very certain but we must accept that at the moment we have got a future although a little iffy.
I'm afraid the answers to your questions aren't what you want to hear Plymborn but we'd better get used to it as that the most vital thing of all is that the fans get behind Ridsdale, the manager and the players and that we don't fall back into that bitter resentment & hatred of the last 2 or 3 years. Do the phantom buyers care that PAFC are desperate for cash so that they can get ready for the coming season? No they don't, at least not very much. In two sided negotiations, each party always thinks it's the other being awkward or slow and could easily get things moving faster by giving them exactly what they want. It doesn't seem that they care two hoots about the non-construction side of the deal? Quite right, they don't, that's why they are handing the football club over to Ridsdale. In my opinion, all the other bidders were more or less the same, apart possibly from Heaney, who obviously has an interest in sports ownership for its own sake. You wonder what the future holds for a club thats been seperated from it's stadium,only being a tenant to a non-football landlord. Lot's of clubs lease their ground and it does them no harm. The devil is in the detail of the lease and in all likelhood we'll never be party to that. Ridsdale has had plenty of time to do his due diligence and is presumably satisfied he can make it work. I hope so anyway........
Distant you haven't changed your tune one single bit. You keep declaring that we have to accept Riddlers ways no matter what and that we have no choice but to support him and whatever it is he brings to Plymouth. Distant, I disagree with you more than I could ever express on a keyboard. We do not have to accept it, not in the slightest. We live in a country where we do have a choice (just), the way you talk it's as if we live in a communist society where we have to abide by the strict code and accept our place as lemmings in the crowd. In politics the ruling party may have the power but they only have it for a few years and then the lemmings have the power to end their little soiree overnight. Same applies to Argyle. Ridsdale, Guilfoyle and his dodgy anonymous partners may currently be holding the reigns but it's the lemmings who have the ultimate power and dictate their fate and fortunes. If the lemmings don't show up they will fall and fall quickly and hard. WE DO HAVE A CHOICE and we should be respected. I for one won't be having anything to do with the place until such time as the staff are back-paid in full, the smoke and mirrors are removed and some honesty and morality returns to the place. Argyle is headed to the sewer, of that there is no doubt. Successive relegation out of the league system is inevitable. If any of you think the club has bottomed out and can compete and hold its own in League 2, which is a very competitive division, then you need to get a serious reality check. We don't even have a squad yet and we won't have for some considerable time, we also have no money to recruit a squad and who on earth of any talent would want to sign for this train-wreck anyway? How on earth are we going to be able to prepare for a gruelling season when we don't even have the basic foundations in place yet?? The club is going to the bottom so let's do it with some dignity. Do you want to go there the slow, painful way being asset-stripped and mutilated by Riddlers gang with them calling all the shots and ripping the place off for every cent?
Now DS I AM going to put you on ignore. It's not as if you are abusive like your nearest comparator STD [not all of the time anyway], just that what you say is pure unadulterated, traitorous rubbish. I thought you might stand by your word not to post here after the absolute pasting you got from all & sundry in the final days of BBC 606 but as usual, that sort of thing means nothing to you and here you are again with the same old claptrap. I have no respect for or interest in anything you say. So bye bye for good.
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DS I wasn´t intending to use the ignore button except for low lifes like STD and welcome constructive and open debate with differing opinions, by differing opinions I mean between 2 people not one person constantly changing theirs!! However in your case I am willing to make an exception. We get it you don´t like Argyle.... that´s OK we don´t particularly like you. We are doomed.... well so be it, however some people have loyalty and commitment and won´t abandon their side when things get bad these strange individuals are called fans or supporters try googling it. You won´t be attending games again.... like anyone cares. Now jog on and please for the love of God when posting in regards to Plymouth Argyle Football Club DO NOT use the term WE.
Having listened to the interview with Brendan Guilfoyle I felt that he was very uncomfortable throughout. He couldn't answer or wouldn't answer many of the questions that were put to him. He is purposely not answering or can't because he doesn't know how to answer,it's as if he is out of his depth with the Phantom buyers, who have him dangling on a piece of string like a puppet. He said that no one from Mastpoint who had previous dealings with PAFC were involved,but it doesn't mean that one of there other cronies isn't. The whole interview left me feeling very uneasy for PAFC's future,the whole trans-action is murky water and on purpose for some reason, one day we will find out.
