Is it on or off?!

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Expand view Topic review: Is it on or off?!

Is it on or off?!

by Colorado Gull » 21 Jul 2016, 09:09

Torbay Council will not sell the ground. They have always wanted (and always will want) TUFC to go bust so they can keep the land for themselves, knockdown the inconvenience which is Plainmoor and make a hefty profit from their housing development plans. I don't mean to be negative, nor am I saying that Torbay Council do not support the club, but we hear nothing from them when it comes to TUFC and it's blindingly obvious (and has been for some years, 2004 promotion ring any bells?) that they are only interested in the land. Gaming International Ltd were told this on many occasions, but no, we decide to carry on with their so called investment, allow thousands of pounds being loaned to us which we'll never be able to give back.

We are still a few players short, the budget is disappearing quickly and it's alright suggesting we have sold may season tickets, but they were sold at a dismally low price, meaning we will lose out as the season goes on, need an average of over 2,000 every week to break even and that is relied on the squad which looks mediocre. If we are not fighting for promotion and find ourselves mid-table/bottom half, attendances will only be around a 1,700 average, meaning we are in a dire state even if we manage to stay alive after GI give up on the Council negotiations.

Is it on or off?!

by Absolutelythirdrate » 20 Jul 2016, 14:44

I also warned about this as soon as I saw the name Gaming International - what seems like a long time ago now. They have a truly appalling record of not deluvering on promises - just ask speedway fans at Reading, Oxford and Swindon. Let's be clear about this: they are only interested in developing the Plainmoor site and making a profit. If the TUFC board can't see this they must be very stupid. GI do not care about the football club. Throw in Torbay council, who I wouldn't trust to give me the correct time of day, and you have a recipe for an utter shambles from which the club would do well to survive.
Of course things may yet turn out to be satisfactory to all concerned, but I have my doubts.

Is it on or off?!

by Neal » 20 Jul 2016, 13:33

I questioned this from the start. There were someon here who got very upset with that. Where have they gone, still supporting the takeover?

Was the season ticket offer just a rue to get some money in with the knowledge that the takeover might not happen. Blxxdy well hope not!

I never trusted GI and now after all this, they seem to be holding the council to ransom, dont like it one bit.

Is it on or off?!

by taxilady » 18 Jul 2016, 10:57

Ouch, do you know or are you guessing SG ? It sounds like you're talking about Bill P rather than Dave P !!! I've liked our current Chairman up until now; I'm getting as annoyed as everybody else about the interminable delay in information. Don't think we can expect too much info to come from the joint first-team manager of Watcombe Wanderers though. Interesting move from Breedy.

Is it on or off?!

by northlondongull » 18 Jul 2016, 09:14

Southampton Gull wrote:He's tried to sell the club down the river just to recoup his money and retain a seat on the board. It's no wonder Steve Breed felt so alienated he had to get as far from the club as possible.

Once they've spent the season ticket money, (stupid gamble when you realise half your fanbase have got in for half price all season and left you with relatively no income throughout the season) and are left with no option but to repay the loan to GI we really are screwed. It will be hard enough trying to honour the playing budget which is set at a relatively low figure in the region of £420k let alone trying to do that with no real income throughout next winter. Phillips has put his trust in an organisation with a history of not completing targets.

Surviving relegation has scuppered the plans of GI and Phillips.
I would be really interested to hear from Steve Breed. It is professional of him to make no real public comments on all of this (other than a short piece on BTPIR as far as I am aware) but it would offer an insight if we were to hear his view on the situation. There are not many who could claim to be more die hard Gulls that SB so for him to say that he will not be attending games next season is astounding.

£200 season tickets could prove to be a serious miscalculation by the board. Time will tell on this one.

Is it on or off?!

by Southampton Gull » 18 Jul 2016, 04:32

He's tried to sell the club down the river just to recoup his money and retain a seat on the board. It's no wonder Steve Breed felt so alienated he had to get as far from the club as possible.

Once they've spent the season ticket money, (stupid gamble when you realise half your fanbase have got in for half price all season and left you with relatively no income throughout the season) and are left with no option but to repay the loan to GI we really are screwed. It will be hard enough trying to honour the playing budget which is set at a relatively low figure in the region of £420k let alone trying to do that with no real income throughout next winter. Phillips has put his trust in an organisation with a history of not completing targets.

Surviving relegation has scuppered the plans of GI and Phillips.

Is it on or off?!

by arcadia » 17 Jul 2016, 17:39

It's about time the Chairman cut the elastic he's got hold of and let them go.

Is it on or off?!

by Gullscorer » 17 Jul 2016, 08:47

Southampton Gull wrote:I said the same 3 months ago.

I thought so too.. :)

Is it on or off?!

by Southampton Gull » 17 Jul 2016, 05:57

I said the same 3 months ago.

Is it on or off?!

by Glostergull » 16 Jul 2016, 16:51

Im not worried if it falls through. better to say goodbye to this lot than be shafted down the road and lose our Club. we survived last season and Kev pulled off a miracle. he has more time to do the impossible this season. If we do better hopefully there will be better crowds and we need not worry about a shortfall of money, or maybe only a small shortfall

Is it on or off?!

by tomogull » 16 Jul 2016, 16:41

portugull wrote:If I was a betting man, I do have the odd bet, I think it is 4/7 on that this deal will NOT go through.

The track record (excuse the pun) of Gaming International and Torbay Borough Council suggests these 2 parties could not agree a deal after 3 years let alone 3 months. I hope I am wrong but in 2 weeks we should know.
I hope you are RIGHT. On the basis of Gaming International's previous dealings as comprehensively outlined by Dawlish Warren, I am convinced TUFC will be shafted by Clarke Osborne and his unscrupulous (allegedly) business partners just as Hereford Utd were. We are told there is now a Plan B so let's go for it. It can't be any worse than what's on the table at present.

Is it on or off?!

by portugull » 16 Jul 2016, 12:15

If I was a betting man, I do have the odd bet, I think it is 4/7 on that this deal will NOT go through.

The track record (excuse the pun) of Gaming International and Torbay Borough Council suggests these 2 parties could not agree a deal after 3 years let alone 3 months. I hope I am wrong but in 2 weeks we should know.

Is it on or off?!

by SenorDingDong » 11 Jul 2016, 20:31

Plainmoor78 wrote:Let's suppose GI have lent the club a shedload of money (I wouldn't know how much but that is what is being suggested on the forums). GI then decide to pull out of the takeover and consequently demand their money back. The club can't afford it so GI take the club to court to have it wound up. Plainmoor therefore has no sitting tenant and GI or some other developer can move in and persuade the council to sell up. If this scenario came to pass then the responsibility will lie solely at the feet of the current board. Thea Bristow wrote off £3 million of her own money to try to give the club a future and all that has happened is that the club is being placed in peril by the impotence of the current owners. If the club is going to be lumbered with an unpayable debt there is no point talking about a plan B, unless that means TUST trying to secure the leasehold on Plainmoor and launching a phoenix club.
More than likely the council would just let a Phoenix club play in the stadium if they could afford to run a couple of the stands, even if GI ran it out of business and then attempted to get the land.They don't want to be seen as killing sports in the Bay when it's one of the things they've been wanting to push with the Velodrome etc. So we don't need to go planning Phoenix clubs just yet.

Whether the apathetic public of Torbay would be organised and interested enough to create a successful Phoenix club is a whole different matter.

Is it on or off?!

by Neal » 11 Jul 2016, 20:24

I have been saying all along that this whole thing stinks. If and its a big if the current board are that stupid to take outxa loan on the basis that planning permission is given for a new development then they are mad. Now it could be that the current board are in some financial mess, who knows. We know we have at least 200k, because we bloody well paid it. If thats all the club has well thats what we have to survive on. GI has no interest in a football club, its about making as much money as possible out of each one of us! Because in the end the club is us, the fans and nothing else.

Is it on or off?!

by MellowYellow » 11 Jul 2016, 19:18

Unless there is a white knight waiting in the wings, I would have to support the GI deal as the lesser of two evils as I fear the club cannot survive under its current model. We could be heading into administration and a 10 point reduction. At that point there is no legal requirement for an administrator to take any notice of supporters' wishes so we could be dissolved, even under fans protests. Doom and gloom I know, but one does have to take reality checks now and again.

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