Potential Buyers

[JimNichol'sdog]

Selling the club to Hayman together with any of her associates will be the death knell for Torquay United.

My understanding is that TUST might be able to call on Neil Warnock in some capacity. Whatever one's opinion of him, it is undeniable that he has invaluable knowledge of football.

[merse btpir]

It has been said tonight that:
"Masters has shown his colours in the past when muddying the waters previously and the mess he left Truro in."

What was the 'mess he left Truro in' considering that he took the club over from the administrator when they were already legally committed to the sale of their ground which had been the legacy of previous owner Kevin Heany and then sold it on after five years?

He DID broker the loan that the Dave Phillips board had no choice but to enter into with Gaming International as they had exhausted their capital; had they not then TUFC would have gone into liquidation.

Peter Masters with his partner Philip Perryman funded the Truro club for the five years of Perryman's agreement to remain involved then the club was taken on by Dicky Evans the man who payrolls Cornish Pirates in a deal that brought the two intended tenants of the proposed Stadium 4 Cornwall that never got built.

The club is now in the ownership of former Toronto Wolfpack rugby league and current Cornwall RLFC owner Eric Perez.

Here is the timeline of what happened to Truro City...

On 25 August 2011, HM Revenue and Customs presented a winding-up petition to the club due to unpaid taxes of over £100,000. Prior to this, chairman Kevin Heaney had to quell rumours of the club being sold. A meeting on 31 October 2011 between the club and HMRC resulted in a postponement of the winding-up process to allow the club until 16 January 2012 to pay their taxes. When the case was called, the Registrar was told that two hours before the hearing the tax debt had been "paid in full." A further winding-up petition was lodged by HMRC in the High Court of Justice (Chancery Division) on 30 March 2012, with a hearing on 30 April 2012 when the club was expected to pay £51,000 to HM Revenue and Customs. When this was not paid, a further extension to 25 June 2012 was granted, but the petition was dismissed when the bill was ultimately settled. Four other parties were also claiming monies amounting to around £700,000, but the club disputed these claims.

Chairman Kevin Heaney stepped down on 24 August 2012 after being declared bankrupt, and he was replaced by vice-chairman Chris Webb. On 31 August, Truro City F.C. filed for administration after the first-team players, who had not been paid during August, informed the club that they would not play against Boreham Wood on 1 September unless this course of action was taken. On 3 September, a further HMRC winding-up order over a tax bill of £15,000 was postponed until 17 September, but this order would be dismissed if the club went into administration, which it did the following day. Ten points were deducted from Truro's total, leaving them bottom of the Conference South table.

On 11 October 2012, Truro City's administrators failed to meet the deadline for the Football Conference's requirement of a £50,000 bond that would enable the club to continue in the Conference South. This bond was to cover the costs of visiting clubs should Truro be liquidated during the season and their results be expunged from the record. A reduced amount was offered by the club, and was refused by the Conference. The match at home to Dover Athletic on 13 October was called off, and the club was expected to be expelled from the league with liquidation probably following such an expulsion

Enter Masters & Perryman...
However, on 12 October the Conference gave the club another week to pay the bond, in the light of "encouraging" information from the administrator. After a preferred bidder pulled out on the morning of 19 October, the bond remained unpaid and the club was set to be expelled from the Football Conference, but discussions continued and City were reprieved later the same day when two businessmen, Pete Masters and Phillip Perryman, paid the £50,000 bond.] The pair completed a deal to purchase the club on 14 December 2012.

In March 2019, Masters transferred his controlling interest to Cornish Pirates; so I ask again:
What is the mess he is supposed to have left Truro City in?

[CornishGull]

Masters has shown his colours in the past when muddying the waters previously and the mess he left Truro in.

Utter tosh.

[hector]

While I do not disagree with your sentiments our personal prefernces count for little, It is who comes up with the dosh, has the best business plan and the chance of experienced professionals being involved, while the TUST may have our best interests at heart they do not have the experience to run a football club even with their experienced business partners, supporters do not equate to knowledge.

No one generally has had experience of running a football club when they take one on for the first time but many principles of business will apply.

What we do know is that under the current charlatans, a former EFL club is fighting against relegation from a regional league into an even lower one. They have ruined this club. They can’t be allowed to finish the job.

[North Curry House]

And I read that George Edwards wants to buy the Club.......He is part of the problem, we need him to F**" off NOW. Part of the lying owners attempt to secure the ground. Thank goodness the council said no!

[hector]

It has been said tonight that:
"Masters has shown his colours in the past when muddying the waters previously and the mess he left Truro in."

What was the 'mess he left Truro in' considering that he took the club over from the administrator when they were already legally committed to the sale of their ground which had been the legacy of previous owner Kevin Heany and then sold it on after five years?

He DID broker the loan that the Dave Phillips board had no choice but to enter into with Gaming International as they had exhausted their capital; had they not then TUFC would have gone into liquidation.

Peter Masters with his partner Philip Perryman funded the Truro club for the five years of Perryman's agreement to remain involved then the club was taken on by Dicky Evans the man who payrolls Cornish Pirates in a deal that brought the two intended tenants of the proposed Stadium 4 Cornwall that never got built.

The club is now in the ownership of former Toronto Wolfpack rugby league and current Cornwall RLFC owner Eric Perez.

Here is the timeline of what happened to Truro City...

On 25 August 2011, HM Revenue and Customs presented a winding-up petition to the club due to unpaid taxes of over £100,000. Prior to this, chairman Kevin Heaney had to quell rumours of the club being sold. A meeting on 31 October 2011 between the club and HMRC resulted in a postponement of the winding-up process to allow the club until 16 January 2012 to pay their taxes. When the case was called, the Registrar was told that two hours before the hearing the tax debt had been "paid in full." A further winding-up petition was lodged by HMRC in the High Court of Justice (Chancery Division) on 30 March 2012, with a hearing on 30 April 2012 when the club was expected to pay £51,000 to HM Revenue and Customs. When this was not paid, a further extension to 25 June 2012 was granted, but the petition was dismissed when the bill was ultimately settled. Four other parties were also claiming monies amounting to around £700,000, but the club disputed these claims.

Chairman Kevin Heaney stepped down on 24 August 2012 after being declared bankrupt, and he was replaced by vice-chairman Chris Webb. On 31 August, Truro City F.C. filed for administration after the first-team players, who had not been paid during August, informed the club that they would not play against Boreham Wood on 1 September unless this course of action was taken. On 3 September, a further HMRC winding-up order over a tax bill of £15,000 was postponed until 17 September, but this order would be dismissed if the club went into administration, which it did the following day. Ten points were deducted from Truro's total, leaving them bottom of the Conference South table.

On 11 October 2012, Truro City's administrators failed to meet the deadline for the Football Conference's requirement of a £50,000 bond that would enable the club to continue in the Conference South. This bond was to cover the costs of visiting clubs should Truro be liquidated during the season and their results be expunged from the record. A reduced amount was offered by the club, and was refused by the Conference. The match at home to Dover Athletic on 13 October was called off, and the club was expected to be expelled from the league with liquidation probably following such an expulsion

Enter Masters & Perryman...
However, on 12 October the Conference gave the club another week to pay the bond, in the light of "encouraging" information from the administrator. After a preferred bidder pulled out on the morning of 19 October, the bond remained unpaid and the club was set to be expelled from the Football Conference, but discussions continued and City were reprieved later the same day when two businessmen, Pete Masters and Phillip Perryman, paid the £50,000 bond.] The pair completed a deal to purchase the club on 14 December 2012.

In March 2019, Masters transferred his controlling interest to Cornish Pirates; so I ask again:
What is the mess he is supposed to have left Truro City in?

How about homeless?

[MoxGull2502]

And I read that George Edwards wants to buy the Club.......He is part of the problem, we need him to F**" off NOW. Part of the lying owners attempt to secure the ground. Thank goodness the council said no!

Fully agree if he is involved and continues God help us.
He will likely bring in who he considers to be in his opinion the best one to manage at this level !
And nothing will change.

[merse btpir]

Once again hector ignores the FACTS and the challenge and repeats his nonsense...

Truro were under notice (therefore effectively legally homeless as in the definition of someone who needs to register for social housing) well before Masters paid fifty grand to keep them in business.

They were very much in business when he sold them. That is not 'leaving them in a mess'
The failure of Cornwall County Council to build the S4C is well documented; it is nothing to do with Masters or any of Truro's subsequent owners for that matter.

Your moronic refusal to debate properly renders your point of view and latest post idiotic.

[MoxGull2502]

Once again hector ignores the FACTS and the challenge and repeats his nonsense...

Truro were under notice (therefore effectively legally homeless as in the definition of someone who needs to register for social housing) well before Masters paid fifty grand to keep them in business.

They were very much in business when he sold them. That is not 'leaving them in a mess'
The failure of Cornwall County Council to build the S4C is well documented; it is nothing to do with Masters or any of Truro's subsequent owners for that matter.

Your moronic refusal to debate properly renders your point of view and latest post idiotic.

100% these are the Facts

[hector]

Once again hector ignores the FACTS and the challenge and repeats his nonsense...

Truro were under notice (therefore effectively legally homeless as in the definition of someone who needs to register for social housing) well before Masters paid fifty grand to keep them in business.

They were very much in business when he sold them. That is not 'leaving them in a mess'
The failure of Cornwall County Council to build the S4C is well documented; it is nothing to do with Masters or any of Truro's subsequent owners for that matter.

Your moronic refusal to debate properly renders your point of view and latest post idiotic.

Unlike Merson to get abusive in his postings but why change the habit of lifetime?

So Peter Masters had nothing to do with Truro potentially (not) moving to a new ground?

https://www.trurocityfc.net/news/chairm ... 23036.html

https://www.insidermedia.com/news/south ... g-decision

You also need to learn that just because you still persist in typing the word “fact/s” in bold and capitals, it does not necessarily make your opinion true.

He was virtually promising a new stadium but didn’t deliver. Now where have we heard that before?

The “snags” he hit are the very same concerns people had should Torquay have left Plainmoor; the same playbook playing out.

He left Truro without a home and he was involved in bringing owners to Torquay, who had they had their way, would likely have left us without a home as well.

The last thing Torquay United need is Peter Masters, George Edwards, Mel Hayman et al.

[merse btpir]

Your links prove nothing hector...
the timeline does. You carry on with your delusional nonsense; it's up to others to choose whether your talking shite or not.
Others have corroborated that the timeline are the FACTS; to date no-one has backed your rubbish up.

Good day!

[culmstockgull]

I think we can all sit on our hands for a few hours and stop the useless and insulting comments, it is too late to influence the outcome as much as certain posters are piling in with more comments in 48 hours than we have seen from them in many months plus the new posters since 1st of April who never sought to make a post on anything about Torquay but have to come out in support of one particular potential bid under this new name and I am sure we will never hear from them again. Odd that.

[hector]

Your links prove nothing hector...
the timeline does. You carry on with your delusional nonsense; it's up to others to choose whether your talking shite or not.
Others have corroborated that the timeline are the FACTS; to date no-one has backed your rubbish up.

Good day!

There you go again, “facts” is a word; it doesn’t require capitalisation or bold font to acquire meaning but those who tend to use it the way you do, or at the end of sentence as though by writing it that way they think it ensures no one can argue, generally are less secure in their factual knowledge than those who don’t have to shout about it.

The facts are, that when Peter Masters left Truro, they didn’t have a ground to play in, but happy for you to list all of those who have corroborated your timeline. You can even write facts in capital letters again after it, if it helps you. Or perhaps instead, crawl back to your own forum where you can abuse and bully people without recourse to censure.

It really doesn’t matter; Truro were left without a stadium when Masters jumped ship and plenty don’t want him at TUFC.

[merse btpir]

**** ** primary schoolteacher

you ain't coming back on BTPIR Bore off!

[UnitedinDevon]

None of it matters when its CO picking his choice of bids if the decision is made before official administration!

Wonder who will win....