Torquay United Fans Forum

To answer

1. 31/05/24
2. CVA is the exit route of the company which was placed into Administration and will adhere to National League rules in that if accepted it deals with creditors claims

No points deductions apply.

Southampton Gull wrote: ↑Yesterday, 20:03 Losses averaging £20k/week suggest you're talking your usual nonsense. Thank God the accountant has left the building

The club had an accountant ? Next you will be saying there was a club secretary who monitored emails !!

Mysonjackg wrote: ↑01 May 2024, 19:07 You two must be such sad individuals to feel the need to spout such nonsense. Have you ever met Nick? The guy has worked his nuts off alongside the TUST team to try and save this club . What the hell have you done?

You should be ashamed of yourselves. An absolute disgrace

I note the comments on not rushing BUT the club has to have its exit route from Administration agreed by creditors by the National League AGM in early June. Creditors receive between 14-21 days notice of the creditors meeting to consider the CVA proposal from this document being filed at Court, I do...

:goodpost: Interesting posts, I really do hope the we’ve seen the last of GI international lock stock and barrel. I’m travelling down tomorrow for our final game, first since WSM away and could well be my last should our “preferred bidder” have absolutely anything to do with GI. No doubt Johnson too...

Dave - in response to your defence if GJ I do feel done blame must fall at his door, after all it was his squad, which he did his idiot brother scouted and recruited. God knows what went on in training …… I think there is a new model for football management to be know as the Johnson demise curve …… ...

What’s the odds of the “preferred bidder” pulling out if the worse happens and we get relegated ?

Surely the Administrators would have looked at this scenario when deciding on the preferred bidder as a matter of comfort ?

I have done and await the response and apology

Mind you I did it by email and those aren’t always read !!!

Happy days everyone looks like the club is ignoring the one point deduction as it states in the pre match article on the website that if Taunton win tomorrow they go level on points with us

And the club secretary who should have been aware of this is ……..

The posts above regarding this topic do address various points BUT the one which is missing is the question of funding, it’s a case of income versus expenditure.

So where does the cash come from to maintain a full time playing staff ???? Answers appreciated

:goodpost: A terrible team aren't resulting in low crowds now though ? Can a part time team be any worse ? With new players with the right mindset being coached to play like the teams who have outplayed us this season. Pass and move and understanding with sharpness and alertness to want the ball fir...

Season 24/25 is the club be a full or part time one ?? As the accounts show a million pound loss last season why do people feel that full time must be maintained ? It’s an economic impossibility surely unless a Middle East state buys the coin or a magic money tree is found growing near a corner flag...

Goes to pay the bills. 4.3 million owned administrator pay the staff the electricity bills the catering staff the groundsman the diesel to cut the grass in the mower the paint to paint the lines. The cleaners to clean the ground. Luckily not Clarke's responsibility anymore already 4.3 million lost ...

Southampton Gull wrote: ↑23 Feb 2024, 00:25 More absolute garbage. The club isn't in administration yet and the notion of going into administration is often used as a threat to speed up a deal. Stop spouting nonsense.