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Did anyone else see yesterday's Herald?

Discussion in 'Plymouth' started by WestCountrylalala, Aug 2, 2011.

  1. WestCountrylalala

    WestCountrylalala Active Member Forum Moderator

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    It does all sound familliar with the shower running the show lst season....maybe that's because it is the same shower and that's the reason for the secrecy. Who knows if they really are Irish? It's all bloody Irish to me lol
     
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  2. Greenarmyjoe

    Greenarmyjoe Well-Known Member

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    One pound he will put in Gat for the club. If it all happens. Lets get the football started and get off this crap. Let them sort it out, if it goes tits up then we can all moan. 3 -1 on sat to Argyle..
     
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  3. atcham jack

    atcham jack Well-Known Member

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    and lo verily verily i say unto you bretheren, lo should thou flickest mr rdsdale's balls, he will begat much gnashing of teeth and wailing, i say unto ye bretheren flickest not that which is painful to your acting chairman lest your acting manager and acting players should cop a lot from pr. the people who need a good going over in the nether regions is heaney and guilfoyle, this may or may not bring forth the missing millions.

    enjoy yourselves on saturday
     
    #23
  4. notDistantGreen

    notDistantGreen Well-Known Member

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    Just as a statement which was genuinely believed to be true when made doesn't become a lie when it turns out to incorrect, a decision to appoint a PB made in the genuine belief it was the best option at the time does not become corrupt or even incorrect when it subsequently goes wrong due to unforeseeable events.

    I will say this though.

    It appears Brent's bid was thrown out because it provided insufficient proof of funds. IF it's the case that completion by this lot is conditional on another property deal, as has been suggested in the press, then Brent's proof of funds must have been very weak indeed to be worse than that.
     
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  5. greenjock

    greenjock Member

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    I know you understand the process better than most NDG, but even you must start thinking that something fishy is happening. Brent couldn't prove he had the finances? Sorry but I can't believe that for a minute.
     
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  6. notDistantGreen

    notDistantGreen Well-Known Member

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    Well the truth is we just don't know do we?

    As I said in another thread, frequently proofs of funds come in the form of a letter of support from a bank which is itself conditional i.e. the bank will only lend if it is happy with the final deal.

    This means the bank can pull the plug even if the bidder wants to proceed and it's about as useful as a chocolate teapot.

    If something like that was provided by Brent, he'll swear blind he HAS provided proof of funds [albeit conditional] and the administrator will swear blind he hasn't [rightly in my opinion, conditional proof is no proof at all].

    However, if BIL's proof of funds was conditional on completing a property deal elsewhere, then that's worthless too.

    Anyway, Guilfoyle isn't saying that, he's saying nobody can move until the Football League gives the Golden Share back..........
     
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  7. homepark_hobo

    homepark_hobo Member

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    I think most of the concerns that some fans have currently are that the sale was supposed to have been confirmed on the 29/07 with the PB taking over from Guilfoyle today (or at the start of the season).
    If BIL had confirmed to Guilfoyle that they are in place to fund the club but are unable to provide the funds until later this month then at least he could pass that on. At the moment the silence from Heaney and BIL does not inspire hope and Guilfoyle's statement expressing his own concerns only increases the worry.
    For now as you say - we do not know and we will have to wait and see. However this sounds interesting:
    http://news.bbc.co.uk/sport1/hi/football/14418090.stm
     
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  8. Westernmac

    Westernmac Member

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    Are you part of Bishop International, notdistant? If not they should hire you as their PR...

    If I were involved in these dealings I would reckon the administrators to be incompetent at very least. What is the point of an exclusivity agreement that only appears to be enforceable one way? I repeat, the staff are unpaid, the deadlines have all been missed and we don't even have our League share. In case Guilfoyle hasn't noticed, the season starts tomorrow.

    I know that football is business in name only but you cannot believe that this affair has been remotely business-like. Without wishing to impugn anyone, this whole deal smells very strangely of fish...
     
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  9. notDistantGreen

    notDistantGreen Well-Known Member

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    However, if BIL's proof of funds was conditional on completing a property deal elsewhere, then that's worthless too.

    If I was BIL's PR man, I'd be sacked wouldn't I?

    I'm interested in only one thing: the continuance of football at Home Park.

    I see great risk in thinking we can go all around this loop again with another potential buyer. It's like edging along a dangerous cliff path - starting again from the beginning means that every slip that's been avoided to date becomes an accident waiting to happen once again with no guarantee we'll get to the other end safely.

    People may have a high opinion of Brent - I don't know enough to have an opinion myself. I do know anyone entering into a transaction of this kind is going to do EXACTLY the same things. If they don't, they aren't sufficiently professional to be an attractive owner.

    Our best bet by far is to complete the deal in hand and get on with the football.

    And, by the way, an exclusivity deal is what it sounds like - the seller talks only to the preferred bidder so the bidder can have confidence to spend the thousands in professional costs he'll need to complete the transaction. It's not conditional, no ifs or buts, it's binding, unless you want to earn a reputation as an unreliable business partner.
     
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  10. Westernmac

    Westernmac Member

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    Just teasing you, notdistant. The point I was making about the exclusivity deal is that it appears the payments made have been late and are certainly less than was originally reported by Guilfoyle. I agree that it would be a short-term inconvenience if a new deal had to be sorted out but it might prove to be a long-term advantage over the present mystery men. I struggle with Ridsdale's past associations - mind you, so might he!
     
    #30
  11. atcham jack

    atcham jack Well-Known Member

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    with 60 billion knocked of the stock markets and banks losing up to 1.4 billion pounds, it concerns me and will concern guilfoyle how anyone can raise millions at this time, perhaps the consortium waiting in the wings may come good or not
     
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  12. Plymborn

    Plymborn Well-Known Member Forum Moderator

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    Gat...........Ridsdale did recognize that Argyle were sailing into oblivion..........when our accountant directors had no clue how near the edge of the abyss the club was.

    They were like rabbits caught in the headlights..........give Ridsdale credit he rolled up his sleeves and got stuck-in.

    The previous leadership had put all their eggs in one basket..........the world cup bid...........CRASH...........BANG..........WALLOP.
     
    #32
  13. Greenarmyjoe

    Greenarmyjoe Well-Known Member

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    Well hope fully it will be sorted one way or the other soon. At least we start the season tomorrow. I think that the Administrator should be looked into as the way this has been dealt with has not made many people happy. Mac, you are correct it does smell, very very fishy. One thing for certain is we will never no the truth or what has gone on.
     
    #33
  14. Plymjools

    Plymjools Active Member Forum Moderator

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    I have to disagree with you Plymborn, the riddler is only in this for himself, and I personally don't trust him no further than I can throw him, and as I haven't had my weetabix today that isn't very far ...... if the riddler and Heaney become our new buyers, I feel that we will be swapping one board of slippery snakes for another. Looking forward to tomorrow, and our first win of the season .... Keep the faith and keep it green !
     
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  15. Plymborn

    Plymborn Well-Known Member Forum Moderator

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    Well Gat...........I hope Ridsdale proves everyone wrong for Argyles sake.
     
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  16. Plymjools

    Plymjools Active Member Forum Moderator

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    He might not be in a situation to come September !
     
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  17. Westernmac

    Westernmac Member

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    A consummation devoutly to be wished, GAT - at least from my point of view. I cannot trust him, try as I might.
     
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  18. Plymjools

    Plymjools Active Member Forum Moderator

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    Me neither Western lol ..... him being at the helm will be like the dark Maculey days ..... already he's showing he doesnt like being questioned !!!!
     
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  19. Westernmac

    Westernmac Member

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    He has even less connection to Argyle than he had to Cardiff - at least his gran was frightened by a sheep!
     
    #39
  20. Plymjools

    Plymjools Active Member Forum Moderator

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    Dont be so silly Western, he was on a walking holiday and unfortunately he had to walk by HP .............. should have carried on walking by lol
     
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