Peter Masters

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Peter Masters

Post by JamesBrown »

Truro fan in peace, as you know the situation at our club is on a knife edge us fans believe that our new ground to Silver Bow isn't going to happen will believe that some very strange decisions have been made in the last few months that are bewildering in a football club 1) do we have a future as a football club when masters walks away which he will 2) why sack Steve Tully as manager highest ever position finishing fourth in conference south they way it was done disgusting.
3)what is the truth behind the ground
3) heard on Saturday that masters has ploughed in already in excess of £100k to Torquay ?? Is this legal
4) continuing not to have any fans forums to let us know what is happening or why it is happening
I believe masters is waiting for Torquay to go into admin then he will be the saviour or like he would believe .
For me been a fan a long time at truro and love the club but for me he is nasty piece of work it's his way or the highway and for him to be tweeting about torquays games when he's watching truro makes me sick I know he's very friendly with your chairman Philips all I will say is God help you
Good luck
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Post by gullpower »

Thanks James, confirmation, as if it was needed, that Masters is a conniving s**t.

Seems that the date set for the board to decide whether the club is to be community owned to save it from the trap set by Masters is 31st October.

It's a shame that it looks as if TUST will have to take on and pay off the debt owed to Masters to save the club but at least TUFC will be safe from the likes of him in the future.

That's if the board decide to proceed with the Community Share Issue. Does anyone know what happens if they don't?
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Post by uffculmegull »

I am not sure any of us, other than members of the board or the TUST now they have done there financial review know exactly what monies the club owes, however the TUST has stated that their are several debts due for payment in the New Year, these could be monies owed to GI or loans that Masters requires repaying, if he put any money into the club in the first place, or they could be innocent matters like the Income tax and VAT bill falling due for the year. I realise like most of us sceptics we fear the former but hope for the latter, either way there is no money in our pot.
The board has several options, one the least profitable for them it seems would be community ownership, the monies the TUST would hope to raise from a share issue would go to paying off any debts not to give anything back to the directors, so it will come down to a simple choice, do they directors like their bank balance more than their stated love for the club. Their decisions up to now have been perverse so I have no reason to believe their future decisions will be any different.
I never thought I would say this but if it comes to a straight choice between Masters and Administration, then I would take the latter and the TUST or other community group could make a compelling argument to the liquidators for ownership of the club, besides if Masters has loaned the club money then going into administration would cost him dearly and adversely effect him finding the money to buy the club on the cheap. it may be time to think about starting again, afresh, with all our debts cleared and people running the club who besides being fans actually know something about business. Masters can see there is no long term mileage or profit in Truro but Torquay is a different ball game with the prospect of a much bigger weekly crowd and maybe a new stadium.
Controversial I know but I have followed the progress of Hereford as they have wrecked havoc through the lower leagues on their way back from liquidation and there is no reason we could not do the same.
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Post by gullpower »

uffculmegull wrote:I am not sure any of us, other than members of the board or the TUST now they have done there financial review know exactly what monies the club owes, however the TUST has stated that their are several debts due for payment in the New Year, these could be monies owed to GI or loans that Masters requires repaying, if he put any money into the club in the first place, or they could be innocent matters like the Income tax and VAT bill falling due for the year. I realise like most of us sceptics we fear the former but hope for the latter, either way there is no money in our pot.
The board has several options, one the least profitable for them it seems would be community ownership, the monies the TUST would hope to raise from a share issue would go to paying off any debts not to give anything back to the directors, so it will come down to a simple choice, do they directors like their bank balance more than their stated love for the club. Their decisions up to now have been perverse so I have no reason to believe their future decisions will be any different.
I never thought I would say this but if it comes to a straight choice between Masters and Administration, then I would take the latter and the TUST or other community group could make a compelling argument to the liquidators for ownership of the club, besides if Masters has loaned the club money then going into administration would cost him dearly and adversely effect him finding the money to buy the club on the cheap. it may be time to think about starting again, afresh, with all our debts cleared and people running the club who besides being fans actually know something about business. Masters can see there is no long term mileage or profit in Truro but Torquay is a different ball game with the prospect of a much bigger weekly crowd and maybe a new stadium.
Controversial I know but I have followed the progress of Hereford as they have wrecked havoc through the lower leagues on their way back from liquidation and there is no reason we could not do the same.
I can't help thinking that avoiding the scenario where the trust is the buyer of last resort is best avoided. Far better to pass on the baton and move on from where we are now rather than drop down x number of tiers and have fight our way back up to National League status. Besides, Nicho is an asset to the club on and off the pitch as well as around the club and he would not be here if we dropped tiers and went part time.
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Post by ferrarilover »

JamesBrown wrote:Truro fan in peace, as you know the situation at our club is on a knife edge us fans believe that our new ground to Silver Bow isn't going to happen
A) I think you're lost, the Truro City FC forum (full of people who care, unlike here, where we don't) is >>> over there.
B) "us fans"? You're the official spokesman for every single TCFC fan on Earth, are you? You've canvassed opinion, done your research, weighed up the evidence and come to a fact-based conclusion? No, though not. What you have here is your own, unsubstantiated, unsupported, pretty much worthless opinion.
JamesBrown wrote: [we/I] believe that some very strange decisions have been made in the last few months that are bewildering in a football club
Well of course, you and 99% of football fans in the world. You know why (of course you don't)? Because what you know about running a football club could be written in large letters on the back of a postage stamp. The decisions will seem bewildering to you, because you're acting on about 2% of the full facts and you don't actually know what you're talking about. Sure, it's easy from the stands, just do this and do that and sign him and sack him and build this and invest in that and on and on and on, but in the real world, absolutely none of that is possible, half of it is illegal, the other half impractical and all of it contradictory.
Our former player/hero Eunan O'Kane's Twitter profile sums up the situation quite neatly: If it was easy, everyone would be at it.

JamesBrown wrote: 1) do we have a future as a football club when masters walks away which he will
Either you've got a crystal ball or you haven't. Either you know Masters will walk away in which case you know what the future is for the club, or you don't know that he'll walk away, in which case your whole premise is shattered. Which is it?

He won't walk away. You're a poor person, I can tell. You know how? Because you've no idea about money and this is what makes the poor, poor. Masters is up to his balls, so far as we are lead to believe, in Truro. The club owes him a shed load of cash (a proper shed, like a summer house, but without a pitched roof, not one of these plastic things from B&Q). He has obligations, both legal and moral. He can't just walk away, he has to sell. Quite aside from anything else, gross impropriety will disbar him from running another club, so it's very much not in his interest to screw over TCFC if he wants to take over at TUFC.
JamesBrown wrote: 2) why sack Steve Tully as manager highest ever position finishing fourth in conference south they way it was done disgusting.
You've been given the answer to this by your own club. Quite why you're asking a bunch of uninterested strangers in a completely different county, Christ only knows.
You want disgusting, try Chelsea. The sacked the manager who won them the Champions League! Man Utd sacked the manager who won them the FA Cup... while he was still on the pitch parading the FA Cup! For measure, we sacked the best manager we've had in a decade because he was ill and we packed off a frail old lady to do it by telephone while a small man in a convertible Renault held a figurative gun to her head. We're in no position to be casting the first stone here, least of all in another man's manor.

JamesBrown wrote: 3)what is the truth behind the ground
Doesn't matter what I say, you won't believe me, just as you clearly don't believe anything you are told. The answer you want is that Pete Masters is screwing you (yes, you, specifically you) over because he's a nasty, nasty man. Feel better? Thought not.
The truth seems to be that some people have objected to the planning application which has been approved to turn some land into a Marks & Spencer Food and a McDonald's, as well as a new stadium for something called the Cornish Pirates. This, very obviously, will have a detrimental effect on the sell-on value of the John Lewis and KFC which will occupy the Treyew Road site once you're in your new home. They are spending a few hundred thousand pounds on QCs to make spurious arguments to tie up the whole thing in red tape and make the M&S crowd feel bad. It's all bluster and bullshit, just like any large scale planning operation. It's an unfortunate and necessary part of the democracy which separates us from the apes.

I wish we were in this position. I wish we owned our ground and it was on ££££ of prime real estate. We could happily sell the whole lot to developers and move down the road to a nice, shiny new ground with lots of extra revenue possibilities. Sadly, we don't and we never will, which means we're stuck where we are unless a rich and highly altruistic uncle comes forward any time soon.
JamesBrown wrote: 3) heard on Saturday that masters has ploughed in already in excess of £100k to Torquay ?? Is this legal
Modern Britain, everybody. Is it legal? Who can I sue? How much compensation might I receive?

Start at the beginning. Is it true? Answer that conclusively, then we'll get into the holiday brochures and speccing up your new BMW.
JamesBrown wrote: 4) continuing not to have any fans forums to let us know what is happening or why it is happening
That is squarely because of people like you.

You won't be satisfied until you get the answer you want. It doesn't matter how many times you're told what's what, you won't stop asking until you're told that everyone is out to get you. Please don't misunderstand me, it's only natural to want to be shown to be correct, but some of us evolved out of it being a need quite a few million years ago.

We have one like it. Bartlett. He'll be at our forum whenever it is. He'll be pissed and he'll ask the same **** question he always asks about why it's so expensive to get in. He'll get the same answer he always gets, that the prices are set by people who know about things like price elasticity of demand and break-even percentages and he'll not accept it. He won't accept it because the answer he wants is that he's a special snowflake and, as a special snowflake, should be provided with cheaper entry into Plainmoor because if it only cost 1/6 in 1967, it needn't cost any more than that now. He'll keep asking until he gets the answer he wants, which he won't, so he'll continue to be angry because he hasn't the mental capacity to know any better. You can't blame him, that's like blaming a puppy for shitting on the carpet.

JamesBrown wrote: I believe masters is waiting for Torquay to go into admin then he will be the saviour or like he would believe.
There are people who believe that flying jets into buildings or blowing up a van outside the Arndale is a way to get their point across. They're idiots too.
JamesBrown wrote: For me been a fan a long time at truro and love the club but for me he is nasty piece of work
Because he stepped in when you were minutes from having the gates locked and there being no more TCFC?
Because he funded a rise from wherever you were to wherever you are (your aforementioned highest ever finishing position)?
Because he's building you a new ground with better facilities in a better location?
Because he took on your club knowing it was some £4.5m in debt and cleared the lot?

I wish our owners has his money.
JamesBrown wrote: it's his way or the highway
It's his bloody club, I should jolly well say so. I think an investment north of £5m pretty much allows him to do what he likes. Christ, if he gave me £5m, I'd let him **** my sister.
JamesBrown wrote: for him to be tweeting about torquays games when he's watching truro makes me sick
Dry your eyes, Princess. He retweeted ONE thing about Torquay at half time during your match and, since it was a random tweet about Blissett scoring against Maidstone, I'd say it was probably a case of fat fingers.
JamesBrown wrote: I know he's very friendly with your chairman Philips all I will say is God help you
I tell you what, I'll swap you our (as near as makes no difference) penniless bookie who actively wants rid of the club and never actually wanted it in the first place, for your multi-multi-multi millionaire local sports fanatic with a proven history of making high investment into the playing budget. See how you get on.

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Post by ferrarilover »

gullpower wrote:Thanks James, confirmation, as if it was needed, that Masters is a conniving s**t.
Yes, the uncorroborated, unsubstantiated, barely coherent ramblings of a random on the internet. Total and utter conformation.

And you're allowed to serve on a jury. Terrifying.

Matt.
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Post by uffculmegull »

Well who are you, ferrarilover, J5, Matt and I suppose that you have many more aliases, I see you have posted deranged rants on several subjects on the current forum, most of which you so obviously know little or nothing about. other posters disagree with your myopic ( I will help out your simple english, it means shortsighted) viewpoint so they must be wrong and be abused, please go back to taking your medication and leave the grown ups to have an intelligent exchange of opinions.
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Post by Scott Brehaut »

uffculmegull wrote:Well who are you, ferrarilover, J5, Matt and I suppose that you have many more aliases, I see you have posted deranged rants on several subjects on the current forum, most of which you so obviously know little or nothing about. other posters disagree with your myopic ( I will help out your simple english, it means shortsighted) viewpoint so they must be wrong and be abused, please go back to taking your medication and leave the grown ups to have an intelligent exchange of opinions.
The irony of calling out somebody for being abusive, and being abusive in the response....
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Post by happytorq »

he can be divisive and occasionally moronic, but on this occasion ferrarilover's frothy-mouthed ranting was actually pretty entertaining.
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Post by Lee Sharpe92 »

Good Evening

I want to share an email I received today, I don't know if it will put your minds at ease but I thought you need to read it...

I myself Know Peter and I find him a man with his head screwed on, lets face it he could be on to a winner once SilverBow is built!! Which it will BUT I also don't know where TCFC will be playing next season.. It is I am afraid awaiting game :goal:

Helical Retail is delighted to announce that it has signed Wren Kitchens for
a 15,000 sq ft unit at its Truro City Shopping Park at Treyew Rd, Truro.
WREN is a national retailer specialising in kitchens and related
accessories, with 55 stores across the country. For some time, the company
has been looking to locate a store that will cover Cornwall, in order to
complete its expansion plans across the South West.
Aidan Farrell, Property Director for Wren, said, “The Business has advanced
plans to acquire units in Exeter and Plymouth. The new store for Truro
represents a further positive step for our expanding store network.

“Truro City Shopping Park will be a great location where we can cover the
Truro, Falmouth and wider Cornwall markets. Its location will be easily
accessible to the large number of commuters as well as Truro City Centre
shoppers.

“We will be employing 30 local people to work at the new store including
managers, designers and kitchen surveyors. There will be 50 kitchen displays
embracing modern through to traditional designs, supported by a state of the
art design centre.”

Peter Masters of Truro City Football Club said, “We have been looking
forward to seeing this deal announced as it demonstrates Helical RetailÂ’s
commitment to the project and underwrites the fact that this development can
now move forward.”
Philip King, Development Manager for Helical Retail, said, “This is a major
coup for Truro and shows confidence in our plans for Treyew Rd. We said we
would bring new retailers into Truro who are not already here and we are
delivering on that promise. WRENÂ’s move will endorse the park and other
furniture retailers will follow.

“Alongside this good news, I would also like to take this opportunity to put
the record straight about the Stadium for Cornwall (S4C). We have always
supported this project and will continue to do so. Currently our plans are
to relocate Truro City Football Club to Silver Bow. However, should the
parties to the S4C wish to discuss alternative provision for the S4C that
would include both Truro City Football Club and the Cornish Pirates, we are
happy to discuss. However, we are not suggesting a joint venture with INOX
or Henry Boot.”
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Post by westbaygull »

happytorq wrote:he can be divisive and occasionally moronic, but on this occasion ferrarilover's frothy-mouthed ranting was actually pretty entertaining.
It was!
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Post by ferrarilover »

Scott Brehaut wrote: The irony of calling out somebody for being abusive, and being abusive in the response....
And the double irony of claiming the intellectual high ground in a post riddled with grammatical errors. This guy's the gift that keeps on giving.

Come on then, Mr Intelligence, let's have your counter. Maybe draft it and have someone with a triple digit IQ check it over and post it for you, save any more embarrassment.

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Post by uffculmegull »

Hi, ferrarilover, J5, Matt or whoever the little voice in your head ,that only you can hear is telling you are today. I wanted to thank you for marking my homework, its always nice to get practical and constructive feedback.
I did think of showing my reply to our local nursery teacher, you know check the grammar etc. Prior to getting your approval of my post, but then I realised it would make very little difference unless your mum was present to read it to you.
But moving on, I see today that our chairman has stated there are debts that need repaying in the new year and the reporter has correctly deduced these are due to Gi , with no denial from the chairman and no mention of any amounts owing to Masters. If you are being candid and releasing bad information he might as well have declared all debts, it would not make any difference to the supporters who have long since realised we have no money or assets. It would make no difference to any potential new owners or partners, our financial situation is the worst kept secret in the county.
You state that Masters is a multi millionaire, have a look at his declared assets on a company check, last years figures show debts of over £900,000 and assets of just over £300,000, multi millionaire on paper he may be, but if the worst came to the worst and he had to realise his assets against debts how much would he really have, like the majority of business people who have fingers in many pies , its not their money they are using.
Well, there you go plenty for you to get your teeth into, go for it.
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Post by Scott Brehaut »

uffculmegull wrote:Hi, ferrarilover, J5, Matt or whoever the little voice in your head ,that only you can hear is telling you are today. I wanted to thank you for marking my homework, its always nice to get practical and constructive feedback.
I did think of showing my reply to our local nursery teacher, you know check the grammar etc. Prior to getting your approval of my post, but then I realised it would make very little difference unless your mum was present to read it to you.
But moving on, I see today that our chairman has stated there are debts that need repaying in the new year and the reporter has correctly deduced these are due to Gi , with no denial from the chairman and no mention of any amounts owing to Masters. If you are being candid and releasing bad information he might as well have declared all debts, it would not make any difference to the supporters who have long since realised we have no money or assets. It would make no difference to any potential new owners or partners, our financial situation is the worst kept secret in the county.
You state that Masters is a multi millionaire, have a look at his declared assets on a company check, last years figures show debts of over £900,000 and assets of just over £300,000, multi millionaire on paper he may be, but if the worst came to the worst and he had to realise his assets against debts how much would he really have, like the majority of business people who have fingers in many pies , its not their money they are using.
Well, there you go plenty for you to get your teeth into, go for it.
"Prior" doesn't need a capital "p", as the word appears in the middle of a sentence.

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Post by Gullscorer »

Scott Brehaut wrote:"Prior" doesn't need a capital "p", as the word appears in the middle of a sentence.
Scott, the comma in your sentence, while not grammatically incorrect, could in this instance be regarded by some as unnecessary, superfluous, or redundant. However, my personal view is that I should be inclined to leave it in, not just because I like commas, but because a brief break is probably welcome after taking the capital P then replacing it with an ordinary p.... :)
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