Torquay United Fans Forum

exilegull wrote: ↑05 Apr 2024, 17:37 Its likely it has gone into adminstration so an agreement can be reached with all creditors.

All of whom will lose an awful lot of money.

oh yes, we are on the precipice of a mighty return to the EFL at the moment so wouldn't be worth it... The club needs daily income - not a few Saturdays and Tuesdays during the year, IF it could be affordable and good quality I would switch it Approx £500k to do it properly. Not a prayer at Plainmo...

Then I can't see the TUST bid being accepted. https://www.devonlive.com/sport/football/football-news/torquay-united-face-massive-week-9202414 That's my gut feeling as well. Normally, bidders in this type of situation keep stum, as they are supposed to, having signed a confidentiality agreement. TUS...

Interestingly, Mr Broderick tells the world that he is part of one consortium, despite having to have signed a confidentiality clause.
According to the local fish and chip holder, Mel Hayman leads another!!!! And tells us that there is a third.
Confidentiality my a**e.

It's artificial grass and would not pass the EFL test. Great for additional income, but no use for Football League application.

The Great Muta! wrote: ↑30 Mar 2024, 11:22 No doubt about it, how on earth got his mitts on the club in the first place is a mystery to me.

It's not a mystery to the rest of us lol

Great post Samuel, on point and fact laden 👍.No doubt about it, how on earth got his mitts on the club in the first place is a mystery to me. What absolute drivel!! Not a single fact in the whole post. And if you don't know how CO obtained ownership of the club, then I'm not sure you should be cont...

TommyGunn wrote: ↑29 Mar 2024, 14:22 I would have thought it possible to have a mixture of full and part time players.

Good luck taking training when half your players are only available on a Tuesday and Thursday night!! Not sure a club has ever existed where there was such a mixture.

May be involved with one of the consortiums

standupsitdown wrote: ↑22 Mar 2024, 10:22 What is best - a bad owner as we've just had or starting again as a phoenix club?
Depends how bad the owner but if any only want the ground I'd rather start again.

That rules Smurthwaite out then.

Running sustainably at this level doesn't involve full time football.

Taelee73 wrote: ↑18 Mar 2024, 11:46 Guess we'll find out on pay day.

The official amount raised is £20k plus whatever gate receipts are profit. The wage bill has hopefully dropped.

You saying Osbourne is still paying?

Can't see it being anyone else

I'd love to hear suggestions as to who is covering the wages if it isn't the owner?

If you read Daves link. As I understand it players are top of the chain when it comes to getting paid. The manager and Players become preferential creditors and receive a pay out in advance to that for unsecured trade creditors. This is the opposite to what normally happens. If appointed, the Admin...

CornishGull wrote: ↑16 Mar 2024, 21:02 An administrator can't just get rid of players unless he honoured their contracts so he might as well keep them on because he has to pay them anyway.

Who on earth told you that?