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 Argyle had a pay-out of more than £2 million to compensate for lost revenues.

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Tgwu

Tgwu

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Argyle had a pay-out of more than £2 million to compensate for lost revenues. Empty
PostSubject: Argyle had a pay-out of more than £2 million to compensate for lost revenues.   Argyle had a pay-out of more than £2 million to compensate for lost revenues. EmptyTue May 18, 2021 4:44 pm

Plymouth Argyle in stronger financial position despite Covid-19 pandemic

That is the remarkable admission from the League One club’s owner and chairman Simon Hallett.

It is in large part due to a successful insurance claim against Argyle’s business continuity interruption policy.

That was a lengthy legal process but has led to a pay-out of more than £2 million to compensate for lost revenues.

Taken from local media
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Grovehill



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Argyle had a pay-out of more than £2 million to compensate for lost revenues. Empty
PostSubject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues.   Argyle had a pay-out of more than £2 million to compensate for lost revenues. EmptyTue May 18, 2021 6:36 pm

Did the Club make season ticket holders aware that loss revenue was covered by insurance if they declined to renew due to the pandemic?
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Rickler

Rickler

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Argyle had a pay-out of more than £2 million to compensate for lost revenues. Empty
PostSubject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues.   Argyle had a pay-out of more than £2 million to compensate for lost revenues. EmptyTue May 18, 2021 6:53 pm

Grovehill wrote:
Did the Club make season ticket holders aware that loss revenue was covered by insurance if they declined to renew due to the pandemic?


You just can't wait to get another knife out can you?

Were the club actually aware they had won the the insurance claim at the time?
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Graiser

Graiser

Posts : 887
Join date : 2020-03-25

Argyle had a pay-out of more than £2 million to compensate for lost revenues. Empty
PostSubject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues.   Argyle had a pay-out of more than £2 million to compensate for lost revenues. EmptyTue May 18, 2021 7:03 pm

Grovehill wrote:
Did the Club make season ticket holders aware that loss revenue was covered by insurance if they declined to renew due to the pandemic?

It’s been on the website since the 14th, but it’s a business loss insurance, such as the cancellation of the live shows, events and other match day revenue, as I understand it ST’s are not part of it as apart from 3% that revenue was not lost, so no conspiracy for theorists
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Rickler

Rickler

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Argyle had a pay-out of more than £2 million to compensate for lost revenues. Empty
PostSubject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues.   Argyle had a pay-out of more than £2 million to compensate for lost revenues. EmptyTue May 18, 2021 7:10 pm

Grovehill wrote:
Did the Club make season ticket holders aware that loss revenue was covered by insurance if they declined to renew due to the pandemic?

An explanation here:

[You must be registered and logged in to see this link.]

But I don't hold my breath that you will actually comprehend anything.
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Graiser

Graiser

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Argyle had a pay-out of more than £2 million to compensate for lost revenues. Empty
PostSubject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues.   Argyle had a pay-out of more than £2 million to compensate for lost revenues. EmptyTue May 18, 2021 7:14 pm

Seems like the previous regime did some good after all!
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Grovehill



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Argyle had a pay-out of more than £2 million to compensate for lost revenues. Empty
PostSubject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues.   Argyle had a pay-out of more than £2 million to compensate for lost revenues. EmptyTue May 18, 2021 7:43 pm

Thanks for the clarification everyone
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harvetheslayer

harvetheslayer

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Argyle had a pay-out of more than £2 million to compensate for lost revenues. Empty
PostSubject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues.   Argyle had a pay-out of more than £2 million to compensate for lost revenues. EmptyWed May 19, 2021 4:27 am

Fair play to Hallett indeed.
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green_genie

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Argyle had a pay-out of more than £2 million to compensate for lost revenues. Empty
PostSubject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues.   Argyle had a pay-out of more than £2 million to compensate for lost revenues. EmptyWed May 19, 2021 5:06 am

Wonder if Brent claimed when his negligence of stadium led to postponed game?
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harvetheslayer

harvetheslayer

Posts : 7098
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Argyle had a pay-out of more than £2 million to compensate for lost revenues. Empty
PostSubject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues.   Argyle had a pay-out of more than £2 million to compensate for lost revenues. EmptyWed May 19, 2021 5:27 am

green_genie wrote:
Wonder if Brent claimed when his negligence of stadium led to postponed game?

Unsurprisingly Lord Nooly ramps up his former hero

"Good to see it's been recognised. Typical of James, not a Flash Harry by any means but a very prudent and decent man."

So decent that he shafted creditors for less than a penny in the pound and walked away from the club millions richer.

Fantastic fella Mr Nool
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Grovehill



Posts : 1529
Join date : 2012-01-24

Argyle had a pay-out of more than £2 million to compensate for lost revenues. Empty
PostSubject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues.   Argyle had a pay-out of more than £2 million to compensate for lost revenues. EmptyWed May 19, 2021 9:09 am

harvetheslayer wrote:
green_genie wrote:
Wonder if Brent claimed when his negligence of stadium led to postponed game?

Unsurprisingly Lord Nooly ramps up his former hero

"Good to see it's been recognised. Typical of James, not a Flash Harry by any means but a very prudent and decent man."

So decent that he shafted creditors for less than a penny in the pound and walked away from the club millions richer.

Fantastic fella Mr Nool

Yeah, won't be long before the Pasoti collective insist he joins the Board as "voice of the fans"
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Angry

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Argyle had a pay-out of more than £2 million to compensate for lost revenues. Empty
PostSubject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues.   Argyle had a pay-out of more than £2 million to compensate for lost revenues. EmptyWed May 19, 2021 9:41 am

green_genie wrote:
Wonder if Brent claimed when his negligence of stadium led to postponed game?

the game that got called off due to very strong winds damaging cladding all while the groundstaff and club officials where watch the rugby world cup final?
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Frank Bullitt

Frank Bullitt

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Argyle had a pay-out of more than £2 million to compensate for lost revenues. Empty
PostSubject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues.   Argyle had a pay-out of more than £2 million to compensate for lost revenues. EmptyWed May 19, 2021 12:43 pm

So David Brent used the clubs money to protect himself from having to put his hand in his pocket. Well done Dave.
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Graiser

Graiser

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Argyle had a pay-out of more than £2 million to compensate for lost revenues. Empty
PostSubject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues.   Argyle had a pay-out of more than £2 million to compensate for lost revenues. EmptyWed May 19, 2021 12:58 pm

Frank Bullitt wrote:
So David Brent used the clubs money to protect himself from having to put his hand in his pocket. Well done Dave.

Protect the club you mean surely, I pay my own insurances especially in case some uninsured dick damages my property, contents insurance etc that’s normal isn’t it ?

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Angry

Angry

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Argyle had a pay-out of more than £2 million to compensate for lost revenues. Empty
PostSubject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues.   Argyle had a pay-out of more than £2 million to compensate for lost revenues. EmptyWed May 19, 2021 1:21 pm

Graiser wrote:
Frank Bullitt wrote:
So David Brent used the clubs money to protect himself from having to put his hand in his pocket. Well done Dave.

Protect the club you mean surely, I pay my own insurances especially in case some uninsured dick damages my property, contents insurance etc that’s normal isn’t it ?


Its a given i would have thought.
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Tgwu

Tgwu

Posts : 12963
Join date : 2011-12-11
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Argyle had a pay-out of more than £2 million to compensate for lost revenues. Empty
PostSubject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues.   Argyle had a pay-out of more than £2 million to compensate for lost revenues. EmptyWed May 19, 2021 2:59 pm

Did the EFL  Teams recieve a payout from the premier league help fund?


Just found this

A £30million grant to be paid immediately from the Premier League to EFL Clubs for distribution based on lost gate receipts in respect of the 2019/20 and 2020/21 Season. Each Club will receive a minimum payment of £375,000 in League One and £250,000 in League Two.3 Dec 2020


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Tgwu

Tgwu

Posts : 12963
Join date : 2011-12-11
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Argyle had a pay-out of more than £2 million to compensate for lost revenues. Empty
PostSubject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues.   Argyle had a pay-out of more than £2 million to compensate for lost revenues. EmptyWed May 19, 2021 3:22 pm

This update Dec 2020


[You must be registered and logged in to see this image.]
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sufferedsince 68

sufferedsince 68

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Argyle had a pay-out of more than £2 million to compensate for lost revenues. Empty
PostSubject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues.   Argyle had a pay-out of more than £2 million to compensate for lost revenues. EmptyWed May 19, 2021 5:03 pm

harvetheslayer wrote:
green_genie wrote:
Wonder if Brent claimed when his negligence of stadium led to postponed game?

Unsurprisingly Lord Nooly ramps up his former hero

"Good to see it's been recognised. Typical of James, not a Flash Harry by any means but a very prudent and decent man."

So decent that he shafted creditors for less than a penny in the pound and walked away from the club millions richer.

Fantastic fella Mr Nool
lol! lol! lol! Always hillarious to see Nooly put on his Jesters hat again, slurp slurp lick! cheers cheers cheers pig
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sufferedsince 68

sufferedsince 68

Posts : 6012
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Argyle had a pay-out of more than £2 million to compensate for lost revenues. Empty
PostSubject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues.   Argyle had a pay-out of more than £2 million to compensate for lost revenues. EmptyWed May 19, 2021 5:12 pm

Grovehill wrote:
harvetheslayer wrote:
green_genie wrote:
Wonder if Brent claimed when his negligence of stadium led to postponed game?

Unsurprisingly Lord Nooly ramps up his former hero

"Good to see it's been recognised. Typical of James, not a Flash Harry by any means but a very prudent and decent man."

So decent that he shafted creditors for less than a penny in the pound and walked away from the club millions richer.

Fantastic fella Mr Nool

Yeah, won't be long before the Pasoti collective insist he joins the Board as "voice of the fans"
Most of the Pasoti collective support Man Yoo, i cant see the Glazers wanting the Cornish Janner demolishing the expensive buffet every home game Laughing
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Rickler

Rickler

Posts : 6353
Join date : 2011-05-10
Location : Inside the mind...

Argyle had a pay-out of more than £2 million to compensate for lost revenues. Empty
PostSubject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues.   Argyle had a pay-out of more than £2 million to compensate for lost revenues. EmptyWed May 19, 2021 6:22 pm

Tgwu wrote:
Did the EFL  Teams recieve a payout from the premier league help fund?


Just found this

A £30million grant to be paid immediately from the Premier League to EFL Clubs for distribution based on lost gate receipts in respect of the 2019/20 and 2020/21 Season. Each Club will receive a minimum payment of £375,000 in League One and £250,000 in League Two.3 Dec 2020



Yes they did. Or at least Argyle did...
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Argyle had a pay-out of more than £2 million to compensate for lost revenues. Empty
PostSubject: Re: Argyle had a pay-out of more than £2 million to compensate for lost revenues.   Argyle had a pay-out of more than £2 million to compensate for lost revenues. Empty

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