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Hello Bulls fans - I am really sorry to hear of your predicament.

I was one of a group of Plymouth Argyle FC fans who dealt with Brendan Guilfoyle when he was Administrator for our club over a lengthy and nerve wracking period until last August.

He will say that he was successful in getting the deal to save our club done - and that bare fact is true. But it would NOT have happened without fans groups keeping tabs on his (and his lawyer's) activities. If it was not for fans pressure, we would have failed and be in liquidation.

Remember that the job of an Administrator is to get the best deal for the creditors, not (necessarily) for the club. So it is up to you to keep your eyes on the main thing that you prize, which is your club and keep public pressure on Guilfoyle. He comes over all affable and reasonable but he is as sharp as paper cut and not as pleasant - he is not fondly remembered in the far south west - and for good reasons.

I wish you well in your struggle but do please feel free to contact us should you need any background information. If you want to get in contact, please either leave a message below or send me a PM and I can give you my phone/email details. The Argyle Fans' Trust (which was set up specifically to ensure fans had a voice in our recent Administration period) has promised whatever support you wish.

Either way, good luck from all of us down here!

Peter.

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Whilst I'm not particularly a soccer fan, I did follow/continue to follow the Argyle stuff in our local press - partly because living across the Tamar I work with a number of AFC fans.

I concur that Peter's comment "[i. . . he is as sharp as paper cut and not as pleasant . . .[/i" succinctly covers BG . . . . .

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Quote: Bullpower "Whilst I'm not particularly a soccer fan, I did follow/continue to follow the Argyle stuff in our local press - partly because living across the Tamar I work with a number of AFC fans.

I concur that Peter's comment "[i. . . he is as sharp as paper cut and not as pleasant . . .[/i" succinctly covers BG . . . . .'"


Suppose he has to be.. if he doesnt do what hes paid to do he wont get paid, noone else will and we wont have a club.

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All I really want to say on here is that it would have been immediately obvious to people like me which way things were likely to be heading, had the identity of the "independent reviewer" - he has a high profile in the insolvency field - been made public at the outset.

I did tell people I expected the reviewer to be an insolvency specialist, and indeed in the circumstances it would have been reasonable to look to someone in the "corporate recovery" field.

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Adeybull why do you seem to have some sort of moral superiority complex. Your posts predominantly say "I told you so". Wow congratulations you narcissistic being.

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He sounds like a Thomas Hardy character (Guilfoyle, not Adeybull - he's an Andy McNab character).

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Quote: Adeybull "All I really want to say on here is that it would have been immediately obvious to people like me which way things were likely to be heading, had the identity of the "independent reviewer" - he has a high profile in the insolvency field - been made public at the outset.

I did tell people I expected the reviewer to be an insolvency specialist, and indeed in the circumstances it would have been reasonable to look to someone in the "corporate recovery" field.'"


Lots of Wakey fans told you what was going to happen, lots of Wakey fans told you what needed to be done, Lots of wakey fans told you not to support the pledge but to set up a supporters trust with the money being pledged rather than give it to a defunct BoD.
You told all the Wakey fans that we were wrong and to top it all lots of fans from all over the RL community told you the reason for the RFL buying the Odsal lease was to help bail the bulls out of financial ruin and you disagreed with that.
When I say "You" I am actually referring to "You" Adey, you are an ostrich you come across to the fans on here as knowing what is going on but in truth you know "Jack"
I think it's about time you come clean on here it's not fair on the rest of the bulls fans for you to keep leading them down the garden path icon_confused.gif

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Quote: financialtimes "Lots of Wakey fans told you what was going to happen, lots of Wakey fans told you what needed to be done, Lots of wakey fans told you not to support the pledge but to set up a supporters trust with the money being pledged rather than give it to a defunct BoD.
You told all the Wakey fans that we were wrong and to top it all lots of fans from all over the RL community told you the reason for the RFL buying the Odsal lease was to help bail the bulls out of financial ruin and you disagreed with that.
When I say "You" I am actually referring to "You" Adey, you are an ostrich you come across to the fans on here as knowing what is going on but in truth you know "Jack"
I think it's about time you come clean on here it's not fair on the rest of the bulls fans for you to keep leading them down the garden path
You could have just saved me a fortune. I am working on a £25m construction project & have come up against intransigent city planners. We were going to engage expensive construction lawyers & planning consultants. Instead I will now be PMing you the details for your guidance.

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Quote: tigertot "You could have just saved me a fortune. I am working on a £25m construction project & have come up against intransigent city planners. We were going to engage expensive construction lawyers & planning consultants. Instead I will now be PMing you the details for your guidance.'"

Happy to help drop me a PM icon_thumb.gif

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Quote: financialtimes "Lots of Wakey fans told you what was going to happen, lots of Wakey fans told you what needed to be done, Lots of wakey fans told you not to support the pledge but to set up a supporters trust with the money being pledged rather than give it to a defunct BoD.
You told all the Wakey fans that we were wrong and to top it all lots of fans from all over the RL community told you the reason for the RFL buying the Odsal lease was to help bail the bulls out of financial ruin and you disagreed with that.
When I say "You" I am actually referring to "You" Adey, you are an ostrich you come across to the fans on here as knowing what is going on but in truth you know "Jack"
I think it's about time you come clean on here it's not fair on the rest of the bulls fans for you to keep leading them down the garden path Right, so remember to believe all rumours from message boards..........hang on whilst I find a pencil, then I can write all this advice down...

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To be fair to BG, he is supposed to be the creditors friend not your's, he may well come across nicey nicey in the media, but his legal remit is much different.

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Quote: financialtimes "Lots of Wakey fans told you blah [sizeblah [/size[sizeblah[/size'"


As it has already been clearly shown that the vast majority PAID knowing Caisley had scuppered the BOD, and did so simply to resuscitate the club for a short further period of breathing space (which may, or may not have worked); and as nothing else would have kept the club alive, your continuing desire to repeat this bollox must be due to some sort of comprehension problem you have.

If the club had not been able to pay any demands, but some improbably cobbled together supporters organisation was sitting on a small amount of money, how the hell would that have done anything, at all, to help in our particular situation?

Even leaving aside the big issue of whether such an organisation could have been set up overnight, what sum could it have raised? Much less than the Pledge did, and that amount (£1/2m) was as we knew only to keep the biggest wolf from the front door, and not some panacea.

We kept the club going to give all concerned a small window of opportunity to sort it out. The fact they have not so far done so does not = that there was any sensible or even possible alternative. Which you very well know.

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Quote: kinleycat "To be fair to BG, he is supposed to be the creditors friend not your's, he may well come across nicey nicey in the media, but his legal remit is much different.'"


Well, only sort of. Under the Insolvency Act there are only 3 statutory purposes for an administrator and the top of the list is rescuing the company as a going concern. There, the interests of fans and creditors co-incide and indeed maybe the fans are in front, since the only way that ever happens is if the creditors take a big %age hit.

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Who pays the administrator?

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Just musing a thought, Mr. Guilfoyle will be spoilt for choice won't he, surely both Caisley and Hood are presenting their rescue packages to him as they were both cast iron to win but only depended upon a) The other not being there; and b) the level of debt being reduced. Will there be white smoke rising from the Coral Stand when the deal is done!

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