Bryn Consortium Take-Over

[Dave_Pougher]

I've heard rumours that Edwards has left the club but as yet, unconfirmed.....

Hope its true, good riddance to bad influences, just one more to go

[TommyGunn]

Also read that James Watt is to step down as chief executive of Brewdog.

[wbw]

Also read that James Watt is to step down as chief executive of Brewdog.

Was first announced last year tbf. He has a bloody awful reputation as an employer as well.

[North Curry House]

Fly the flags.

[Nick Potkins]

Fly the flags.

What are you trying to say!

[North Curry House]

Replying to Dave_Pougher.

[brucie]

Statement out - Bryn Consortium takeover subject to Creditors Approval

[Willowgull]

Edwards and Hayman gone?

[portugull]

Just the news we have been waiting for.

Although we await the detail next week this looks very positive indeed and I feel confident in saying the future for TUFC looks a lot brighter this morning than for a very long time.

[SuperNickyWroe]

Takeover completed!

https://www.bbc.co.uk/sport/football/ar ... 2x87yq5pyo

"Under the terms of the deal a company voluntary arrangement has been entered into which would see all tax debts and trade creditors paid in full within six months."

No money for Osborne.
Shame.

[culmstockgull]

Takeover completed!

https://www.bbc.co.uk/sport/football/ar ... 2x87yq5pyo

"Under the terms of the deal a company voluntary arrangement has been entered into which would see all tax debts and trade creditors paid in full within six months."

No money for Osborne.
Shame.

Not so sure about that, it seems according to the small print the Torquay United AFC Ltd will continue to run the club with the Bryn consortium being the major shareholder, I hope that does not mean that Edawrds and Hayman stay in post.

[happytorq]

Not so sure about that, it seems according to the small print the Torquay United AFC Ltd will continue to run the club with the Bryn consortium being the major shareholder, I hope that does not mean that Edawrds and Hayman stay in post.

is this not how it always works? you own a piece (or all) of the TUAFC company and that allows you to control it.

not sure if that's something I'd be worried about

[TUFCfan]

Not so sure about that, it seems according to the small print the Torquay United AFC Ltd will continue to run the club with the Bryn consortium being the major shareholder, I hope that does not mean that Edawrds and Hayman stay in post.

Torquay United AFC Ltd is the club as a whole. Osborne's company (Riviera Stadium Limited) owned the majority of the shares in that which will likely all be transferred over to the new ownership, the rest of the shares are owned by other/individual shareholders.

[culmstockgull]

Torquay United AFC Ltd is the club as a whole. Osborne's company (Riviera Stadium Limited) owned the majority of the shares in that which will likely all be transferred over to the new ownership, the rest of the shares are owned by other/individual shareholders.

Thank you, that makes sense, I just want the old guard gone and a fresh start.

[TommyGunn]

Must say I'm delighted. Lets all get fully behind Bryn. Thanks very much Bryn for all the hard work done in such a short time. I really doubted you could get this done in time. You can count on me putting my hand in my pocket.