Apparently he's a very nice man who has 'saved' our club. Hmm ok.

During administration he was nailed on 'preferred bidder' until Heaney/BIL came along and amazingly scuppered things. All of a sudden the unknown/Heaney/Irish/BIL bid became preferred bidder. As far as we're told, one of the Mastpoint Massive was funding Heaney. Do we have proof of this?. To me it seems nothing more than a pasoti fact started by postey (little pee). I don't recall anything official, ever.

For whatever reason, the unknown/Heaney/Irish/BIL bid with (the completely honest) Ridsdale onboard kept winning extension after extension in the race to purchase our unmarketed club, has anyone ever seen proof of funds?, or indeed BIL was ever a separate entity (at least away from Brent)?. Could BIL be Brent (I'm laughing) or a representative at all?

Ridsdale is a businessman in his own right. How can I be certain he wasn't conspiring with Mr Brent from the beginning with everything else being a cover-up?. There's no way Ridsdale wanted to be connected to a liquidated club.

I think if I was Brent I would've scrapped the Truro friendly knowing I had been messed about for 6 months. In the 'real' world, business 1st I guess.

Just rambling.

I still think that the former directors got away *very* easily from the whole thing.

It wouldn't surprise me if they were in cahoots with one or perhaps both of Heaney & Brent, and it wouldnt surprise me if they didn't lose very much money and yet the club did.

We need more than ever a experienced CEO to run the club i think 70% of the problems would cease then and the football team would start to get more interest rather than giant flags and pasty votes. Dunford would do he is local.

oh and bring back a director of football too

Very unlikely Brent has any connections with BIL/Heaney. What would be the advantage in Brent having two identical offers on the table? Why would he have an anonymous one via Heaney when he already had one with his name attached to it? The faffing around of the administrators with Heaney actually cost Brent more money, as the footballing debts escalated. He's also unlikely to have been in cahoots with Ridsdale, as Ridsdale high-tailed the minute Brent took full control, once he realised he wasn't going to be able to drain any more money out of us with Brent there.

The Heaney bid looks like it may have been a cover for some of the 'old board' with Ridsdale and his administrators involved as well. Remember this is how it happened:

Stapleton appoints Ridsdale (after his 'walking holiday') to effectively do the job he (Stapelton) should be doing
Ridsdale appoints Guilfoyle
Guilfoyle appionts Ridsdale as Chief Exe, apparently on large salary, allowing Stapleton to disappear into the background
Heaney bid miraclously trumps Brent bid at last moment
Heaney bid has company registered at Stapleton's accountants address
After their unveiling, Heaney offers Ridsdale the club for a £1.

Lets not forget in all this Brent bashing that is going on, that the real villians are Stapleton and his 'new world' mob who somehow ran up a massive debt (and we never did find what those £ms of 'other costs' were for). They are the reason we are in this dire mess. If they'd ran the business with even a modicum of sense we would, at worst, be mid table in L1 now.
It is their incompetence that has eventually led to Brent taking over, he may have no real interest in the football side of things, but he wouldn't have gone near the club unless it was available at such a knock down price, and therefore coming with the guarentee of development opportunities. At least Brent isn't in danger of running the club into debt again.

That's how I see it Dougie, I doubt very much that Masterpoint will lose a penny and neither will any others involved in this morally bankrupt seedy underworld of legitimate crime, the only loss makers will be the the club that is undergoing the final stages of its asset strip, the creditors and the fans that are paying for it via auctions, fan-fest, dire entertainment and probable loss of FL status and maybe even a future windup.

Hence we have not been saved

Depends how you define "saved" Freathy.

The only way I can see PAFC surviving is for the club to become non FL and possible part-time. This way the club could maybe survive on its gate income alone with a few scraps from Brent's ventures chucked in along with part-time, unskilled owners.

Posted by Argyle777 on pasoti-

Quote:

Fair dos for CW replying to a previous poster but smacks of same old same old for me.... usual lines trotted out by the prawn sandwich, upper hierachy of Argyle fans brigade. In my opinion some people are too close to JB to give the real facts. Clever, very clever by JB - let CW et al take the heat while he goes about building his projects and making money while suffocating the club. I actually feel sorry for him at times. Just wish JB would stop sinning the yarn with quotes to keep the blinkered PAFC fan happy (cometitive budgets, etc). Stop the cotton wool statements and match day experience cr@p. Id rather stand in a stadium without Ale, without pasties, without Forza whatever and have a half decent side that i think could actually give me HOPE of going somewhere further down the line. At times its the blind leading the blind. However in the land of the blind the 1 eyed man is King isnt he JB...

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I believe it was Koichiro Abe who funded BIL, but he pulled out about 6 weeks before BIL was dropped as preferred bidder.

Abe was part of Mastpoint.

As I said to Smiffy before he made the decision to fall back into line for the pasoti dictators, name me one FL club that survives on its own income alone?

exeter, torquay, daggers, crewe, forest..
thats just off the top of my head, there'll be others too

I thought Torquay had money put into them by a lottery winning syndicate? and Forest were bankrolled by their chairman (who died last season).

not sure with torquay, but there was never any bankrolling at forest, its in their constitution, no loans. they do have over 20k season ticket holders, so i'd guess that goes a way to keeping them solvent/solvant

crewes star young players always tend to reach a few million ours reach a 100grand if we are lucky !