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On-Line Petition to P & A to stop them liquidating us should the PB fall through !

Discussion in 'Plymouth' started by Plymjools, Aug 8, 2011.

  1. Plymjools

    Plymjools Active Member
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  2. Pompey Green

    Pompey Green Member

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  3. Plymjools

    Plymjools Active Member
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    Thank you, think they said they are presenting it to them on Friday !
     
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  4. mexijan

    mexijan Active Member

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    Won´t work for me :emoticon-0101-sadsm

    Or the looters should be shot on sight one either..
     
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  5. Plymborn

    Plymborn Well-Known Member
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    Don't put the idea in their minds by talking about it...........it aint going to happen...........Guilfoyle would lose too much face if he didn't see it through.........it wouldn't look good on his CV.

    With Brent and Buttivant still in the wings I don't think the Football League would want to lose their furthest west and south club.
     
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  6. Plymjools

    Plymjools Active Member
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    Too late for that Plymborn, that was one of the options Brenda was considering should the PB's bid fail .... I hope to dear god because of all the bad publicity for him and his company that this idea has been dropped.
     
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  7. Plymborn

    Plymborn Well-Known Member
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    Gat.........Have you just got up...........or are you just about to go to bed ?
     
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  8. hp_bedoboy

    hp_bedoboy Active Member

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    Signed anyway....you never know!:emoticon-0112-wonde
     
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  9. notDistantGreen

    notDistantGreen Well-Known Member

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    As I understand it, the present bidders are to inject £3m to cover accumulated losses [although not sure whether this includes the amount due to Lombard], including back wages and £1m to cover the club's projected losses this year.

    Conservatively, assuming the £3m does include Lombard, this means they're paying c. £2m extra on the deal just because it contains a football club compared to acquiring the land assets in a liquidation and possibly as much as £4m extra.

    Why would anyone else do that at this stage? That's how perilous a situation we're in.

    That's why we should be praying that the current PB completes and not yearning for Brent or Buttivant just because we don't like Heaney or Ridsdale or the Irish or whoever.

    Obviously a Plan B is useful to have but there must be a big chance of liquidation if the present deal falls through.

    The saving grace may be not what Guilfoyle does but that the League & PFA get a move on and agree to the current proposal on the basis that if the club is liquidated, they can probably kiss goodbye to their infamous "football creditors go first" rule as all the available money will go to pay off the secured liabilities on the land.
     
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  10. Plymjools

    Plymjools Active Member
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    I'd just gotten up Plymborn lol
     
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