Search found 129 matches
- 14 Sep 2024, 19:35
- Forum: Matchday Topics
- Topic: Bishops Cleeve FC v Torquay United Sat 14 Sept KO 3pm
- Replies: 83
- Views: 7837
Bishops Cleeve FC v Torquay United Sat 14 Sept KO 3pm
How can you move players on when we're only 4 weeks into the season? Wooton signed them all!!
- 29 Jun 2024, 11:43
- Forum: All things Plainmoor
- Topic: Squad 2024/25
- Replies: 289
- Views: 84293
Squad 2024/25
Moxey player coach role on a one year deal.
- 06 Jun 2024, 17:13
- Forum: All things Plainmoor
- Topic: Ex-Gull watch
- Replies: 1462
- Views: 505375
Ex-Gull watch
Amazing how many players who were completely ineffectual at Torquay are in demand at other clubs.
Nothing to do with the way they were managed before, I'm sure!
Nothing to do with the way they were managed before, I'm sure!
- 06 Jun 2024, 17:10
- Forum: All things Plainmoor
- Topic: Squad 2024/25
- Replies: 289
- Views: 84293
Squad 2024/25
Lot of 2 year deals being handed out, even at this early stage. Serious money is obviously being invested, so mid table is definitely not the aim! It's a promotion plan, without doubt.
- 03 Jun 2024, 08:10
- Forum: All things Plainmoor
- Topic: Jon Gibbes - Club Secretary
- Replies: 14
- Views: 3796
Jon Gibbes - Club Secretary
Tremendous financial background coupled with his dedicated knowledge of TUFC, makes him a wonderful appointment.
- 31 May 2024, 13:37
- Forum: All things Plainmoor
- Topic: Bryn Consortium Take-Over
- Replies: 182
- Views: 49120
Bryn Consortium Take-Over
And you missed the line that saidUnitedinDevon wrote: ↑31 May 2024, 12:30 The best line in the update
Clarke Osborne, George Edwards and Mel Hayman have resigned as directors.
music to my ears
Special mention must also go to the outgoing directors, whose commitment in supporting us to achieve this outcome cannot be underestimated”.
- 23 May 2024, 09:50
- Forum: All things Plainmoor
- Topic: Begbies Traynor Administrators of Torquay United.
- Replies: 37
- Views: 12962
Begbies Traynor Administrators of Torquay United.
Absolutely 100% correct. Despite one posters obsession with the club accountant, the club appears to gave been properly, apart from the stupidly over inflated playing budget.exilegull wrote: ↑22 May 2024, 23:29 Accountants account for the figures and prepare the financial statements, they don’t set the budgets and make the spending decisions, the board of directors and management do that.
This should be taken in no way as a defence of Osborne, that is absolutely not the purpose - but there remains very little evidence that on the non-footballing side, there was any substantial extravagance. So the losses of 20k a week mostly came from having a playing budget well in excess of the capacity of the club.
- 22 May 2024, 22:27
- Forum: All things Plainmoor
- Topic: Begbies Traynor Administrators of Torquay United.
- Replies: 37
- Views: 12962
Begbies Traynor Administrators of Torquay United.
exilegull wrote: ↑22 May 2024, 15:12 There doesn't seem to be anything unusual about the football creditors and nothing to suggest these weren't paid on time up to the point the club announced the intention to enter administration at which point payment to creditors will generally stop and then simply accrue. Same with utilities and inland revenue, the amounts don't suggest any build of unpaid amounts prior to the plug being pulled.
- 22 May 2024, 21:38
- Forum: All things Plainmoor
- Topic: Bryn Consortium Take-Over
- Replies: 182
- Views: 49120
Bryn Consortium Take-Over
Previous examples of clubs going into administration and moving forward under a CVA suggest that another points deduction will not apply. To the best of my knowledge, no other club has suffered an additional penalty.
- 22 May 2024, 21:17
- Forum: All things Plainmoor
- Topic: Begbies Traynor Administrators of Torquay United.
- Replies: 37
- Views: 12962
Begbies Traynor Administrators of Torquay United.
Strange isn't it? 3 or 4 other posters make similar observations regarding the creditors list, none of which do you chose respond to.
- 22 May 2024, 17:03
- Forum: All things Plainmoor
- Topic: Begbies Traynor Administrators of Torquay United.
- Replies: 37
- Views: 12962
Begbies Traynor Administrators of Torquay United.
To be fair, there is very little in there that suggests a poorly run or extravagant club.culmstockgull wrote: ↑22 May 2024, 14:29 The list of outstanding creditors just shows how badly the club was being run and running costs were not only out of control but there was no control, £2900 to a bistro in paignton ( perhaps someone could explain that one), £990 pounds to an embroidery service ( perhaps as part of his ludicrous contract johnson had to have his initials embroidered on his pyjames), 7000 to a accountants company in newton abbot( I thought thats what we had mel Hayman for) over 140K to the inland revenue, water and electricity that havent been paid for goodness knows how long and certainly long before feburary when osborne pulled the plug. Many thousands owed to clubs we took loan players from like colchester and fleetwood, small outfits like ourselves that need every pound that is owed to them, I am surprised with our track record anyone will loan us a player. Torquay United wasnt being run on any business model that I understand but by people who realised these costs could never be paid but continued spending anyway.
To take a couple of examples;
Limited companies have to use the services of an external independent auditor to submit their annual accounts.
Who did you think does the badge work on shirts for own use and resale to supporters?
HMRC amount is not huge in terms of months, maybe 2 months at most.
Football club creditors are what you would expect. Very few, if any, club to club payments are made up front. Most are scheduled over a season.
Electricity costs for floodlights are horrendous, so don't think that amount is particularly excessive.
Whatever the rights and wrongs of Osborne’s tenure, the club was certainly not being run in a way that couldn't be covered by his cash injections, until the plug was pulled.
- 15 May 2024, 18:54
- Forum: All things Plainmoor
- Topic: Bryn Consortium Take-Over
- Replies: 182
- Views: 49120
Bryn Consortium Take-Over
The 6 officers includes the person who has resigned. She was presumably the person who registered the name months ago. So only 5 people officially involved.
- 14 May 2024, 18:08
- Forum: All things Plainmoor
- Topic: New manager announced - Paul Wotton
- Replies: 93
- Views: 26805
New manager announced - Paul Wotton
Gotta feel for Downes. Worked his proverbials off in what must have been horrendous circumstances and is rewarded by the sack.
- 08 May 2024, 19:25
- Forum: All things Plainmoor
- Topic: Bryn Consortium Take-Over
- Replies: 182
- Views: 49120
- 05 Apr 2024, 18:00
- Forum: All things Plainmoor
- Topic: Potential Buyers
- Replies: 626
- Views: 152675