The Gaming International Files

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Dawlish Warren
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Post by Dawlish Warren »

tufcjon wrote:Those who may strongly want or not want to see Plainmoor handed over to Gaming International can email their thoughts to the mayor Gordon Oliver:

[email protected]
Revised version of the opening post should you wish to furnish the mayor with information about Gaming International.

The chief executive of Torbay Council (Steve Parrock), present and past MPs (Kevin Foster and Adrian Sanders) and the editor of the Herald Express (Jim Parker) are also worth contacting.

A Potted History of Gaming International:

1. Gaming International started life as the Bristol Stadium Company in 1932. After various name changes it did not become Gaming International until 2001 when it acquired interests in the Japanese pachinko market.

2. From 1932 to 1997 the company operated Eastville Stadium in Bristol. The company bought the stadium from Bristol Rovers in 1940 and acted as the football club’s landlord until its departure in 1986. Clarke Osborne, current chairman of Gaming International, served as secretary of the stadium company when Bristol Rovers were forced to vacate Eastville.

3. The Bristol stadium company also operated the dog track at Oxford between 1952 and 1975. Early in his career Clarke Osborne was general manager at Oxford between 1973 and 1975. The track was sold to the local council for housing but was later revived by other greyhound racing operators.

4. Land adjoining the Eastville Stadium was sold to Tesco in 1985; the rest of the site to IKEA in 1997. With the closure of Eastville the stadium’s greyhound licence switched to the newly-acquired Swindon site. This soon became the company’s operating base. Despite many promises greyhound racing was never re-introduced in Bristol.

5. During the mid 1990s the company started to run the greyhound and speedway stadium at Poole together with the dog track at Milton Keynes. It also became involved in the Milton Keynes Bowl at this time.

6. Gaming International continues to own and operate the Swindon track whilst leasing Poole stadium form the local council.

7. Gaming International remains involved in the Milton Keynes Bowl, chiefly an open-air concert venue, but greyhound racing no longer exists in Milton Keynes. Plans to build a new facility next to the Bowl did not come to fruition and the dog track closed in 2005. A fire destroyed the stadium shortly afterwards and the land is now used for housing.

8. The Milton Keynes Bowl has been subject to a string of redevelopment proposals none of which have come to fruition. The site is basic and has not always been used to its full potential.

9. Gaming International purchased the greyhound and speedway stadium at Reading in 2002. This was operated by Stadia UK, a subsidiary business, until the cessation of greyhound racing in 2008. The company’s plans to move to an adjacent site did not materialise and the stadium has since been demolished without being replaced. Proposals at Reading also involved a “racino”, a combined race track/casino concept.

10. The Swindon site was identified as inadequate and suitable for re-development as early as 2003. Active efforts to build a new stadium commenced in 2007 but so far work has not started on a new track. A revised planning application has been made as recently as May 2016.

11. Football ceased at the Poole Stadium when Gaming International (which operates at Poole as Stadia UK) constructed a new dog track. Since this time there have been a number of proposals either to rejuvenate Poole Stadium or move the operation to a new site. A further proposal is expected shortly.

12. Gaming International moved into Japanese pachinko gaming (a form of pinball) in 2001 following the purchase of Miyadera Gaming Center. This necessitated refocusing and restructuring of the business under a reconstituted board. The venture was unsuccessful and had been concluded by 2005. After this time Gaming International returned to its core business of operating greyhound and speedway venues in the UK.

13. The Bristol stadium company participated in the Centre for Sport project in 1985 which would have seen a joint greyhound and football venue built at Stoke Gifford near Bristol. Plans did not progress after initial discussions and proposals.

14. In 2003 Gaming International joined forces with Steve Lansdown (Bristol City) and Geoff Dunford (Bristol Rovers) in a venture known as South Gloucestershire Arenas. This proposed a 30,000 capacity stadium for both clubs on the Severnside marshes. The project was abandoned after a few months.

15. Between 1996 and 2001 the company (then known as the BS Group) had a stake in the leasehold of Hereford United’s Edgar Street ground. This was in partnership with Chelverton Properties with the plan to sell the ground to a supermarket chain. BS Group was able to secure a stake by making a loan to an ailing Hereford United that was heading for relegation from the Football League in 1997. BS Group withdrew from Edgar Street in 2001.

16. Other company operations have included Knightstone Island (Weston-super-Mare) and Eastville Market (Bristol). The company was also briefly involved in an unsuccessful bid to build a greyhound track at the rugby league ground in Dewsbury.

17. According to Companies House Clarke Osborne’s latest business venture is the incorporation of Riviera Stadium Ltd on 22 March 2016. On 20 July 2016 this company was announced as the main vehicle for the purchase of Torquay United.

18. Clarke Osborne and Gaming International worked in partnership with Moirai Capital Investments on proposed schemes at the Milton Keynes Bowl and North Star (Swindon), neither of which have been seen through to conclusion . In 2014 Moirai was named as the “preferred bidder” for a £45 million project at Clennon Valley, Paignton. This status was withdrawn several months later. As of July 2016 it is being reported that Moirai is likely to also lose preferred bidder status for an £18 million development on Exmouth sea front.

Sources: Companies House, local newspapers, trade magazines (all in the public domain).
fred disley

Post by fred disley »

Come on folks ,if you are going to post anything about the proposed takeover, try and make it factual and not personal.
I have made no secret in the past of my lack of confidence in Mr Phillips ability to run Torquay United, however I believe he continues to steer us through yet another difficult period in our existence and will continue to do so no matter how tough the going gets. One of the issues I have is the ability of the board as a commercial entity is to pick the right buyer for our club, how they can still say that Gaming international provides the best chance for the club is beyond me, due diligence must works both ways, the board must have known they are asset strippers by the very nature they operate, they have no love or affiliation for our or any other club, they are hard nosed business people, and now at the eleventh hour, to say that the takeover is probably dependent on a third party, i.e. Torbay Council is ludicrous in the extreme. That's like saying we are only going to buy you if you get promoted, If I was in control of Torbay Council and thank goodness I am not, I wouldn't sell the freehold to anyone other than say the supporters club who have a vested interest in Torquay United. At the moment the supporters club would probably admit they do not have the business acumen or broad base of support to even contemplate such ownership, but hat could be rectified.
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Post by Scorpion »

Got to admit I will be quite relieved if this takeover falls through. If,as has been reported,Gaming International will not take over the club unless they can buy the freehold of Plainmoor (to sell/develop when they make a new ground) that suggests to me that their prime motivation is to make a profit on a land deal, not the best interests of Torquay United FC. I'd rather retain the current ownership, who are at least well-intentioned, rather than leap in to the unknown with this consortium.
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Post by samuel »

Well done to Dawlish Warren for his summation of Gaming International. Much copied by others and a valuable source of information. Thank you.
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Post by Jeff »

TUST_Member_Rob wrote:Mr Phillips isn't happy!

http://www.torquayheraldexpress.co.uk/t ... story.html
Phillips may not be happy and might find this all insulting, but surely he must realise why?

The people running the club must have some idea that customer perception is important. And all we - the customer base - can see is the club is either being sold down the river to property developers, or treading water as the deal goes begging and we are left with a meagre budget and another season of struggle.

I'm sorry Mr Phillips, but at this moment in time the cap fits. This situation is dragged on way too far and until it is concluced and public - warts and all - its not going to reflect well on anyone
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Post by MF68 »

There is a Full Council meeting tomorrow night in Brixham which will be discussing Sports Ground leases and Council assets. I am sure it will be discussed there.
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Post by Gulliball »

Hard to argue with that. We've had 4 months of worrying about GI as more and more has come out about them - with absolutely no information even on the most basic of levels - why they want to buy the club and why we want to sell to them so desperately. Steve Breed has left the club and isn't even going to watch the club in the future. In the last day we've had it confirmed, although it was pretty obvious anyway, that GI are ONLY interested in the ground and don't care at all about TUFC.

I don't doubt that Dave Phillips is a good person and a long time fan, but the longer this goes on the worse it is going to be for him personally. If it does go through then history isn't going to look kindly on him. It's best for all concerned that it falls through asap and we move on with 'Plan B', which hopefully is communicated to fans and outside opinion is sought before we commit to anything.
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Post by Burnhamgull »

"But whether you love football or dislike it, Torquay United is good for the town. Just for a pre-season friendly last Saturday, we had 1,200 Plymouth Argyle supporters here, including many who made a day of it and spent their money around the town.

They won't be back for another 12 months Dave and most fans have bought a ST so where's your other revenue for 2016/17 going to come from?

I strongly suspect North Ferriby United won't bring 1,200 down.....or Wrexham....or York.....or FGR........or Aldershot......or Eastleigh.......

The club needs to make that £200k stretch.....
TUFC never fails to let its fanbase down.

27/08/18 - Time to step back from this shambles and focus on things in life that make me happy. TUFC doesn't.
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Post by Burnhamgull »

Does anybody really believe there is a Plan B?
TUFC never fails to let its fanbase down.

27/08/18 - Time to step back from this shambles and focus on things in life that make me happy. TUFC doesn't.
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Post by Louis »

TUST_Member_Rob wrote:Mr Phillips isn't happy!

http://www.torquayheraldexpress.co.uk/t ... story.html
Not a very professional way for a Chairman to react to something he hasn't read.
Is that the same approach taken with this deal? Think the small print needs to be read and we need to be told what is going on Mr Phillips rather than being whinged about in the local paper for expressing concerns of the future of our club.

This is totally embarrassing, yet again. Although TUFC is good at embarrassing lately.
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Post by PhilGull »

So Riviera Gaming Stadium International Limited think we need a new stadium to 'flourish' in the next 25 years. Fine. Build a new stadium which I am sure with your great skills you can make pay for itself in no time at all and leave Plainmoor with the Council to do with as they wish. If they truly cared even a tiny bit about the club the freehold would be way down the list behind everything else. The fact it is top of the list shows what they really care about.
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Post by tomogull »

That wise old sage, Soton Gull, used a sentence in a post on another thread - Phillips has put his trust in an organisation with a history of not completing targets. That one sentence says it all in a nutshell and I cribbed it for my letter to Mayor Gordon Oliver today ! Except I wrote Mr. Phillips .......

Adrian Sanders is now a member of Torbay Council and he is a local lad and a Gulls supporter. I'm sure he will have looked into the proposal very carefully.
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Post by Gullscorer »

PhilGull wrote:So Riviera Gaming Stadium International Limited think we need a new stadium to 'flourish' in the next 25 years. Fine. Build a new stadium which I am sure with your great skills you can make pay for itself in no time at all and leave Plainmoor with the Council to do with as they wish. If they truly cared even a tiny bit about the club the freehold would be way down the list behind everything else. The fact it is top of the list shows what they really care about.

:goodpost:
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Post by samuel »

It would appear Dawlish Warren, presumably a regular guy, not involved with the club - a poster on a forum, can unequivocally show how the due diligence stacks up for GI. Any person seeing the track record (excuse pun) of GI would know that they are not to be trusted and regularly fail to deliver. Shouldn't this have been done within the first week by the sellers of our club. We would be stark raving bonkers to have anything to do with them. Why are they even bothering to talk to GI. This deal must be over. Implement Plan B.
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