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MB Insolvency it is then - http://www.torquayunited.com/news/artic ... 94136.aspx Let's hope this will lead to a longer more lucrative partnership for the club and that we won't need to use their services personally at any point!

Mike Bateson Insolvency?

Matt.

Think some people will disappointed that a new shirt sponsor has been found seems some on here were determined that WTS stormed out the building and the official story of wanting some more £ was all lies!

No fish/bait gif needed.

Looked at their website and they can't spell Newton Abbot-despite having an office there

I'm as picky as they come with speeling and GramMer, but one otiose 't' added to one example of a place name by the work experience boy at whichever website management company they have used is not any sort of reason to baulk at their six-figure cash injection. I know you didn't suggest it was, but someone, further down the line, might.

Matt.

One line in the announcement slightly worries me, the quote from Thea Bristow which says "It is widely known that we have been seeking a new shirt sponsor this summer".

The understanding I had was that WTS had stepped aside to allow someone else to take over. In other words, an approach (presumably from MB Insolvency) was made to us and we then asked WTS to stand aside. They did, and we now have a new sponsor.

Given that we had a 5 year sponsorship deal already in place, I don't see at what stage we would have been 'seeking a new shirt sponsor'. The only reason to end a 5 year deal would be if something else was lined up, which negates the need to seek anything else.

Gulliball wrote:One line in the announcement slightly worries me, the quote from Thea Bristow which says "It is widely known that we have been seeking a new shirt sponsor this summer".

The understanding I had was that WTS had stepped aside to allow someone else to take over. In other words, an approach (presumably from MB Insolvency) was made to us and we then asked WTS to stand aside. They did, and we now have a new sponsor.

Given that we had a 5 year sponsorship deal already in place, I don't see at what stage we would have been 'seeking a new shirt sponsor'. The only reason to end a 5 year deal would be if something else was lined up, which negates the need to seek anything else.

Or...

1) The board saw the club's rapidly-dwindling cash reserves.
2) Made an assessment of where they could garner further income.
3) Saw that the shirt sponsorship deal wasn't ideal in terms of money.
4) Asked WTS if they would consider standing aside if they found a better deal.
5) Received confirmation from WTS that they would.
6) Asked around to find the best offer rather than settle for the first they got. (Hence 'looking for shirt sponsors')
7) Got the best offer they could.
8) WTS stood aside.
9) Contracts were finalised, took a bit of time.
10) New sponsors.

Scrap that, it must be the club's great conspiracy that everybody seems so desperate to believe in, even if nobody can quite explain what it is.

You're taking that miles too literally.

Thea is not Bill Clinton, or HMQEII, she isn't blessed with bags of natural charisma or in benefit from dozens of degree educated script writers. She is asked for a quote and she gives an answer. She's not thinking about how it'll read or what it'll sound like when decontextualised and read dispassionately on the BBC news. She just answers the question as best and as truthfully as she can. Have we been looking for new sponsors? Yes, since the minute WTS agreed to step aside. Reading it in any other way is just looking for things which simply aren't there.

Damn this computer, logging me into the wrong account!

Stop this now it's making me feel **** sick. That's a very good post Gulliball, I've never accused either the club or WTS of wrong doing, I have my suspicions that the club were left in a position were by they had no choice but to look for a new shirt sponsor , my suspicions were only heightened by the inappropriate over protesting by certain people, in their position what were they doing on a fans forum ? What were their motives ? after all there are two sides to any story, we only ever got 'their' version of honesty.

I believe all they did was withdraw financial support for our club a transfer to Exeter, claiming to be life long City fans and trust members on Exeweb, and number of our fans thanked them for it, incredible. The gulliball, not aimed at the poster sharing the same name, can believe what they like.

Finally welcome to MB insolvency, I hope you enjoy a long and fruitful partnership with our club., I'm not feeling disappointed at all with this, I'm in no doubt the club have gained excellent partners here.

nice to know that if the finances do go tits up we know exactly who to ask for help.

Madgull, my initial response to that would be to question why we entered into a five year deal, which seems particularly long, if we weren't happy with it. But to be honest, it's not a route that's worth going down. I wasn't suggesting a conspiracy theory, or knocking anything, it just seemed quite odd language and contradictory to what else had been published this summer.

We're all Torquay fans, and all want to Club to succeed.

Gulliball wrote:Madgull, my initial response to that would be to question why we entered into a five year deal, which seems particularly long, if we weren't happy with it. But to be honest, it's not a route that's worth going down. I wasn't suggesting a conspiracy theory, or knocking anything, it just seemed quite odd language and contradictory to what else had been published this summer.

We're all Torquay fans, and all want to Club to succeed.

Especially "We're all Torquay fans, and all want to Club to succeed."