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Plymouth Argyle and impact on League One (latest: appointing an administrator)


Matthew Le God

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Redundancies now and supporters are being asked to donate £10 when they watch games.

 

http://www.bbc.co.uk/news/uk-england-devon-12673258

 

Such terrible memories of when we were having whip-rounds to pay players wages to get to the end of the season. (And incidentally we owe Crouch for his vital contribution then otherwise we might not have survived till the end of season)

 

I don't care if their dissolution might get us into the Championship by the (dishonourable) back door. I hope they survive!

 

I agree about crouch. Should have been given a corporate box for life for the way he put his money where his mouth was. He was the only one. A true Saint.

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Redundancies now and supporters are being asked to donate £10 when they watch games.

 

http://www.bbc.co.uk/news/uk-england-devon-12673258

 

Such terrible memories of when we were having whip-rounds to pay players wages to get to the end of the season. (And incidentally we owe Crouch for his vital contribution then otherwise we might not have survived till the end of season)

 

I don't care if their dissolution might get us into the Championship by the (dishonourable) back door. I hope they survive!

 

Yes! So many people forget we would have ceased to exist without him...

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For those interested, BBC's Matt Slater covers the day to day bits and pieces on his Twitter Feed. Seems he is now the Beeb's Football Club Insolvency expert Tweeter

 

eg

 

And speaking of bids, Peter Reid is hosting sports memorabilia auction 2 raise ££ for #pafc on 24 Mar...every little bit counts

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I agree. Looks like any potential buyer is going to wait as long as possible to get the cheapest possible deal. Fair enough on their part when you consider the amounts involved in football, but on the other hand its an absolute tragedy for the club. Or is liquidation looming ever closer? May not be anything left to buy... Makes you realise how lucky we were/are.

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Latest development on the situation. It could be bad for them unless demands are dropped from either purchaser or stake holder.

 

Aye. Doesn't sound good. But, there again, we were on a similar brink before our takeover.

 

"There seem to be three possible outcomes. Mastpoint either comes good and produces an alternative buyer, or it relents and accepts the purchasers' offer. The third is for the matter swiftly to head to court. If the administrator fails to persuade the courts that the Mastpoint stance is an unnecessary obstruction then Plymouth are likely to disappear. It has got that bad."

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Aye. Doesn't sound good. But, there again, we were on a similar brink before our takeover.

 

"There seem to be three possible outcomes. Mastpoint either comes good and produces an alternative buyer, or it relents and accepts the purchasers' offer. The third is for the matter swiftly to head to court. If the administrator fails to persuade the courts that the Mastpoint stance is an unnecessary obstruction then Plymouth are likely to disappear. It has got that bad."

 

Saints had a lot more going for them than Argyle do. St. Mary's, Staplewood training ground, larger fanbase, Jackson's Farm etc etc. Thus a more attractive business proposition for investment.

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Aye. Doesn't sound good. But, there again, we were on a similar brink before our takeover.

 

"There seem to be three possible outcomes. Mastpoint either comes good and produces an alternative buyer, or it relents and accepts the purchasers' offer. The third is for the matter swiftly to head to court. If the administrator fails to persuade the courts that the Mastpoint stance is an unnecessary obstruction then Plymouth are likely to disappear. It has got that bad."

 

We had Dyer and Surman to sell though, plus if I remember correctly we had a few people willing to put their hand in their pocket to tide us over.Plymouth have been living this situation for months now so they're further down the road to ruin than we were and all their saleable assets are long gone.Their crowds are abysmal compared to those we were getting at that time as well.

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must be a bit of a nutjob then. Unless of course he's hoping that they go bust and he could pocket the £125000 as a signing on fee.

Surely Fulham could give them the money and loan the player back to Argyle for this season and even the start of next.

Similarly those clubs in our division who would most benefit from Argyle not going out of business could do the same if they felt so inclined. A story that hasn't really been thought through I think.

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Are there any deadlines for them? Surely they'll at least make it to the end of the season.

 

If the administrators can't do a deal and the club cannot trade then in all likelihood they will wind it up irrespective of where we are in the season. Any purchaser knows they are getting a League Two club so it's not as though Plymouth will appear any more or less investment worthy in the summer.

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If they are wound up soonish:

 

Peterborough will lose three points and a remaining home fixture

Huddersfield will lose three points but have the same number of matches left

Bournemouth will lose six points (:lol:) and have the same number of games left

MK Dons will lose no points but will have one less away game to come

Leyton Orient have not played them at all yet

 

We would lose no points and one remaning away game (and our GD would increase by one).

 

Looking at that, you would have to say it would be to our not inconsiderable advantage (and would also be useful for MK Dons) and would probably shaft Peterborough the hardest, although hopefully it doesn't happen.

Edited by benjii
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If they are wound up soonish:

 

Peterborough will lose three points and a remaining home fixture

Huddersfield will lose three points but have the same number of matches left

Bournemouth will lose six points (:lol:) and have the same number of games left

MK Dons will lose no points but will have one less away game to come

Leyton Orient have not played them at all yet

 

We would lose no points and one remaning away game (and our GD would increase by one).

 

Looking at that, you would have to say it would be to our not inconsiderable advantage (and would also be useful for MK Dons) and would probably shaft Peterborough the hardest, although hopefully it doesn't happen.

 

You missed Brighton, who would lose 6 points and still have to play Saints.

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I want them to survive, but if they are going to go bust anyway at least they could have the decency to do so before the season ends.

 

 

there really can't be much question of them going out of business before the season ends,if that we're the case someone would have stepped in and bought one of their hacks,Peterborough or Brighton perhaps. These end of the world scenarios from administrators have become complete tosh, everyone knows it's not going to happen and just continues negociating the bet deal for their interests.We'll no doubt be owing them for 3000 odd tickets soon, maybe more so that will bring them in 45K or something like that.

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there really can't be much question of them going out of business before the season ends,if that we're the case someone would have stepped in and bought one of their hacks,Peterborough or Brighton perhaps. These end of the world scenarios from administrators have become complete tosh, everyone knows it's not going to happen and just continues negociating the bet deal for their interests.We'll no doubt be owing them for 3000 odd tickets soon, maybe more so that will bring them in 45K or something like that.

 

Not sure Brighton and co. would help them out (even indirectly), but I agree it's very unlikely the FL would allow a club to fold with just a handful of games left. They (the FL) would do whatever they can to help the club stagger over the finishing line (and after that leave them to rot).

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