bid to take development project from James Brent

So how come Nickkkkkkkkkkkkkkkkkkkkkk has suddenly leapt to the fore again?

In defense of JB funnily enough   

ANd here's the thing.  We are once again told not to worry as the Oldway Mansion development and it's lack of funding has nothing to do with Argyle.  But it's very hard to see where James Brent ends and Akkeron begins and where Akerron ends and where Argyle begins.  Argyle is a small part of the whole.  Parts of which have already gone under.  Someone is subsidising Argyle's bills.  Argyle certainly aren't.

The frightening thing is that with the expertise on the board - one director a specialist in sports funding, one director a retail Titan and a Chairmain who has shuffled money round the ether for years - and yet and yet they can't get the Grandstand build off the ground.

Now you can say that one failure doesn't lead to another and the funding models might be different and we don't know what they are anyway.  But you'd have to be a goldfish not to consider at least that it's not a healthy situation.

This was printed on the 26 July 2014 in the Press and Journal and the super fan and his gang says it do not involve us (Argyle) but who wants these kind of people running our club that treats these small businesses like that.

The super fan said quote

Or Tim, there's a Plan B being developed.

The only plan B I can see, he will sell the club and the development and run.

Hotel failures leave north businesses out of pocket

North businesses are facing shortfalls after a third failed attempt to operate three west Highland hotels.

Mallaig fish merchant Andy Race is among the business owners left out of pocket after Akkeron Hotels – later renamed Rosford Management – went bust earlier this year.

Administrators said losses at the three west Highland hotels run by Akkeron – Isles of Glencoe Hotel, Ballachulish Hotel and Oban’s Caledonian Hotel – contributed to its demise.

Ordinary creditors of the eight-strong UK-wide Akkeron chain have claimed amounts totalling £3.5million.

It is likely they will get only a “small distribution” as a result of the administration process, according to professional services firm Begbies Traynor.

Sums due to “preferential creditors”, such as employees owed wages or holiday pay, and possibly the parent – Akkeron Hotels Group – potentially take the total amount owed to more than £4.5million.

For Mr Race, due at least £4,664 it was yet another blow after his business suffered losses through two previous administrations at the same Highland hotels.

Swallow Hotels and Folio Hotels both crashed while running them before owner Colin Johnston teamed up with a business partner, James Brent, to form Akkeron in December 2009.

Since the collapse of Akkeron, Mr Johnston has joined forces with bosses at Crieff Hydro in a new joint-venture, Freedom Hotels, to run the hotels.

Mr Race estimates the successive failures have cost him up to £14,000 in total.

He said he would steer clear of national hotel chains in future following the latest “terrible blow”.

His fish business has survived, but he said it was a big shortfall for any small firm and others facing similar bad debts may not be so lucky.

Fort William firm Bowman Skip Hire is owed £2,836, which director Jacqueline Boyd said was mainly for unpaid refuse collection.

Highland Council is owned £73,760, while other north creditors include Argyll and Bute Council, A.A. Whyte and Sons, Argyll Bakeries, LBS (Fort William), Oban Bay Hotel, Oban and Lorn Tourism Association, Skye Food Services, The Holly Tree and Walton Electrical.

They and others from the region are joined on the list by Moray firms Baillie Brothers and Prime Pumps, plus scores more businesses across the UK.

Sums owed range from just a few pounds up to the £741,385 claimed by Belfast-based property firm Frazer Kidd and Partners.

The hotel’s owner, Mr Johnston, could not be contacted. His Belfast-based ClearHealthcare group of companies is owed about £67,000.

In its latest administration progress report for Akkeron Hotels Limited (AHL), Begbies Traynor said: “Four hotels owned by a single landlord had a high rental charge and there was little investment during the four-year tenure.

“These hotels were loss-making – AHL lost approximately £450,000 per annum on them after accounting for rent and management costs.

“These hotels are The Isle of Glencoe Hotel, the Ballachulish Hotel, the Caledoinan Hotel and the Yorkshire Hotel.

“The other four hotel freeholds are owned by different landlords.”


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[quote="Punchdrunk"]

nikkk wrote:

Tgwu wrote:

This made me laugh

quote

nikkk

At the risk of breaking confidences I have sat in the car with Ian and James on very many occasions and Ian by no stretch of the imagination could be called a sycophant or cheerleader. I have cringed many times at the probing and questioning that James gets from Ian.


by the way nikkk I am    to see the boards are nearly gone, only the inside of the devonport end are still standing.

Was that really necessary ? We are both supporters of Argyle I presume ?

Watch out,

He,ll get his solicitors on to you!

If he asks nicely I give it to him, my number and address or I lend him a fiver out of my pension.no interest.

Punchdrunk wrote:

So how come Nickkkkkkkkkkkkkkkkkkkkkk has suddenly leapt to the fore again?

In defense of JB funnily enough   

You don't have to refer to me in the 3rd person. I'm here mate....

nikkk wrote:

Punchdrunk wrote:

So how come Nickkkkkkkkkkkkkkkkkkkkkk has suddenly leapt to the fore again?

In defense of JB funnily enough   

You don't have to refer to me in the 3rd person. I'm here mate....

You still have not answered the question.

Why can you not appear without your 'mate' providing covering fire on Crapoti?

Punchdrunk wrote:

nikkk wrote:

Punchdrunk wrote:

So how come Nickkkkkkkkkkkkkkkkkkkkkk has suddenly leapt to the fore again?

In defense of JB funnily enough   

You don't have to refer to me in the 3rd person. I'm here mate....

You still have not answered the question.

Why can you not appear without your 'mate' providing covering fire on Crapoti?

I'm here now on my own now mate... and if I post on Pasoti It's my own opinion.....

So when HHP goes tits up what are the ramifications for you?

Be honest

Punchdrunk wrote:

So when HHP goes tits up what are the ramifications for you?

Be honest

I have never been anything other than 100 % honest here or Pasoti or anywhere else for that matter.

Ive asked you before and I ask you again


So when HHP goes tits up what are the ramifications for you?

Punchdrunk wrote:

So when HHP goes tits up what are the ramifications for you?

Be honest

And the real point is and I imagine the most important thing ...I'm an Argyle fan !! so why the f..k all the negative s..t ??

nikkk wrote:

Punchdrunk wrote:

So when HHP goes tits up what are the ramifications for you?

Be honest

And the real point is and I imagine the most important thing ...I'm an Argyle fan !! so why the f..k all the negative s..t ??

I don't really think you are the real nickkkkkkkkkkkkkkkk.
But if you are 1-0 to me.

Punchdrunk wrote:

Ive asked you before and I ask you again


So when HHP goes tits up what are the ramifications for you?

Well the same as you I hope. We support the club we love... and we both do the best we can to move the club on to a stronger position. Come on mate ... why cant we support the club without the bickering ??

nikkk on pasoti wrote:

[James has made it perfectly clear where we are over the development. And confirmed by Martyn S . Can't we please let them crack on and we look forward to the start of the season in a little over a week :scarf:

Yes... both have confirmed in an around about way, that the HHP project is stalled because not enough tenants have signed up.

So what is the plan now?

Think your pal Newell could 'probe' and find out? I don't. He's just a 'starfucker' who has been taken for a ride - except he has to do the driving!

Answer Punchdrunks question please nikk, its a fair one i think.

HHP will destroy the club for future generations all for one mans greed. thats not something i would or could defend myself.

Rickler wrote:

nikkk on pasoti wrote:

[James has made it perfectly clear where we are over the development. And confirmed by Martyn S . Can't we please let them crack on and we look forward to the start of the season in a little over a week  :scarf:

Yes...  both have confirmed in an around about way, that the HHP project is stalled because not enough tenants have signed up.

So what is the plan now?

Think your pal Newell could 'probe' and find out?  I don't.  He's just a 'starfucker' who has been taken for a ride - except he has to do the driving!

Come on mate that's a bit harsh. Why don't we all hope that the guys sign up and we can crack on..... if we need to make amendments later so be it. but that is what we need now.

nikkk wrote:

Rickler wrote:

nikkk on pasoti wrote:

[James has made it perfectly clear where we are over the development. And confirmed by Martyn S . Can't we please let them crack on and we look forward to the start of the season in a little over a week  :scarf:

Yes...  both have confirmed in an around about way, that the HHP project is stalled because not enough tenants have signed up.

So what is the plan now?

Think your pal Newell could 'probe' and find out?  I don't.  He's just a 'starfucker' who has been taken for a ride - except he has to do the driving!

Come on mate that's a bit harsh.  Why don't we all hope that the guys sign up and we can crack on..... if we need to make amendments later so be it. but that is what we need now.

So with the team's ambition boxed in for generations, we can make 'amendments' afterwards !!
Are you for real?
If you are it is no wonder you have been expunged from home park.

Oh come on ... I am doing the best I can to support the club.. yes I have had to change to FIL but the principle is the same.. come on ....

nikkk wrote:

Rickler wrote:

nikkk on pasoti wrote:

[James has made it perfectly clear where we are over the development. And confirmed by Martyn S . Can't we please let them crack on and we look forward to the start of the season in a little over a week  :scarf:

Yes...  both have confirmed in an around about way, that the HHP project is stalled because not enough tenants have signed up.

So what is the plan now?

Think your pal Newell could 'probe' and find out?  I don't.  He's just a 'starfucker' who has been taken for a ride - except he has to do the driving!

Come on mate that's a bit harsh.  Why don't we all hope that the guys sign up and we can crack on..... if we need to make amendments later so be it. but that is what we need now.

If you say the situation is "harsh" then so be it, but that is the situation we are in, nothing seems to be changing on the 'sign up' front and hasn't in yonks...

.. and "Hope" isn't a business plan is it?  We can all 'hope' all we like, but what happens if there are no further sign up's, what then?

Has Newell's 'probing' unveiled a plan B?  I can answer that...   No.


Personally I hope HHP is in tatters but the balloon payment need paying - has Brent got a back up plan for that?  What does Brent say when Newell asks him about that?

I tell you what Brent says....  Sweet feck all because Newell would never have the bollocks to ask him in a million years..

Newell is nothing if not a butt licking sniveling coward who craves the limelight of being regarded as Brent's friend because his own self esteem is worthless.

I guess Nikk's login has gone the way of so many others, a trinket to be shared about amongst the "faithful" that are left in the trenches with Brenty. Nik has always answered questions before, in retrospect it's a matter of judgement how accurately they were answered, these responses just don't seem authentic.

Surely from day 1 owners being chauffeured around by the hoi polloi just didn't ring true, football club owners regard fans as a necessary evil...don't they...to be tolerated and stroked from a distance and fans with half a brain know that, they certainly don't "have a dream" of one day being the club president. If Porky HAD been asking probing, awkward questions, two things are certain, he wouldn't have been given any answers and Brenty would have made different travelling arrangements even if he was saving a few bob on the petrol.

Porky has a great talent for rewriting history and is doing it again in claiming to be an ordinary Joe. How about when he was the fan's "liaison" or "rep" at the grandstand planning stage, not that there was any chance of him sharing any knowledge gained with any of the real ordinary Joe's, it was only brought out later, as an aside, to demonstrate his Oh so important place in the pecking order.

The Plymouth Argyle I have put to one side bears no resemblance to my Plymouth Argyle.

Charlie Wood wrote:

I guess Nikk's login has gone the way of so many others, a trinket to be shared about amongst the "faithful" that are left in the trenches with Brenty. Nik has always answered questions before, in retrospect it's a matter of judgement how accurately they were answered, these responses just don't seem authentic.

Surely from day 1 owners being chauffeured around by the hoi polloi just didn't ring true, football club owners regard fans as a necessary evil...don't they...to be tolerated and stroked from a distance and fans with half a brain know that, they certainly don't "have a dream" of one day being the club president. If Porky HAD been asking probing, awkward questions, two things are certain, he wouldn't have been given any answers and Brenty would have made different travelling arrangements even if he was saving a few bob on the petrol.

Porky has a great talent for rewriting history and is doing it again in claiming to be an ordinary Joe. How about when he was the fan's "liaison" or "rep" at the grandstand planning stage, not that there was any chance of him sharing any knowledge gained with any of the real ordinary Joe's, it was only brought out later, as an aside, to demonstrate his Oh so important place in the pecking order.

The Plymouth Argyle I have put to one side bears no resemblance to my Plymouth Argyle.

And that is one of the reasons why I haven't been able to stomach 'supporting' the club for several years.

To start with it was the realisation that we were going to pass up another opportunity to kick on and have a real go at the PL, and as time went on, it became obvious that the club was being used for self promotion by dimwits rattling buckets for charity to mask their real lust for position. For that to happen the club needed a neat 'little' controllable, bragging over Exeter, stadium. Enter the reluctant one. A marriage made in hell.

I concur with Charlie. 'The Plymouth Argyle I have put to one side bears no resemblance to my Plymouth Argyle.'

Dougie wrote:

ANd here's the thing.  We are once again told not to worry as the Oldway Mansion development and it's lack of funding has nothing to do with Argyle.  But it's very hard to see where James Brent ends and Akkeron begins and where Akerron ends and where Argyle begins.  Argyle is a small part of the whole.  Parts of which have already gone under.  Someone is subsidising Argyle's bills.  Argyle certainly aren't.

The frightening thing is that with the expertise on the board - one director a specialist in sports funding, one director a retail Titan and a Chairmain who has shuffled money round the ether for years - and yet and yet they can't get the Grandstand build off the ground.

Now you can say that one failure doesn't lead to another and the funding models might be different and we don't know what they are anyway.  But you'd have to be a goldfish not to consider at least that it's not a healthy situation.

This sort of bothers me.

Why is the club losing so much money that it needs to be subsidised by anybody anyway?

We know there is a 55% salary cap and it seems unlikely that we are pushing up to the limit that that dictates but even if we are then 45% remains which must in real terms be knocking on towards £2m. Surely that's enough for expenses and office staff?

Obviously we are still carrying historic debt but that amounts to only about £200k per annum in total - and we know that no special provision is being made for the balloon payment so where is all of the money going?

These qualms could be easily settled simply by Akkeron deciding to publish some sensible accounts but they choose not to, for reasons we can only guess at, but it is quite possible that a cash-strapped corporate owner might view the liquidity offered by the season ticket/shirt sales pot as a tempting credit stream for other corners of the empire which might be somewhat less liquid. How many times do we hear businessmen say "it's all about cash flow", for instance?

Mind you it's difficult to be critical if this is happening because if the reverse was true and Argyle was being bailed out by cash filched from Saltrock or the hotel side of the empire nobody would bat an eyelid, would they?

So for me the question here isn't to do with the shuffling of money from one spreadsheet column to another but why there is any requirement for Argyle to be further subsidised with money from anywhere in the first instance?

Where is this extra cash going?

We are subsidising the club because Brent used an unfunded bid to buy us, this was always going to happen, Argyle can and will pay for a team to compete in this division, add the funds that should have been paid at point of purchase and you will find the millstone around the clubs leg, it's a disaster waiting to happen anybody with an o level in business could have told you that, god knows I tried.
Simple feckin economics.

nikkk wrote:

Punchdrunk wrote:

So when HHP goes tits up what are the ramifications for you?

Be honest

And the real point is and I imagine the most important thing ...I'm an Argyle fan !! so why the f..k all the negative s..t ??

A very unlike nikkk response. I wonder which one of the exclusive silly hat brigade has borrowed nikkk's ATD login?