The whistle-blowers would like to inform you of the facts;
They say that hind-sight is a great thing, so we are going to provide you with information prior to press release tomorrow
(19 Dec 16):
1. Thea Bristow has written off the £200,000 floating loan.
2. TUFC directors had no intentions of letting the club be owned by the community.
3. Pete Masters has travelled to TUFC, from Truro, twice a week for many months. We will not insult your intelligence by
explaining why he has done this, most of you are fully aware of his reasons.
4. The staff were willing to work for FREE for one month to ensure that GI did not get control of the club.
5. Some staff had raised in excess of £87,000 which would see the club through until the end of January. They did this to
prevent GI taking control.
6. The chinese business group, from Hong Kong, had the necessary funds to take over the club at the end of January. In the
long term, this would have been a far better option for the club.
7. All directors travelled to Truro on Thursday to see Pete Masters in relation to the free GI take over. When I say
£120,000 is nothing when you stand to gain millions from DEVELOPMENT.
8. It is alleged that TUFC received a letter from Torbay Council stating that they would sell Plainmoor. This was in October
and coincides with when GI opened up a new company.
9. At a meeting on Friday, Rob Stanley, Manager/Club Secretary offered his resignation when it became clear that the board
were prepared to let GI have the club. However, GI held the board over a barrel by telling them that they were personally
liable for the loan from GI. Also recall that Pete Masters has in excess of £50,000 invested in TUFC and it was on his
advice that the board took GI's offer despite the fact that the Chinese business group was a far, far better offer. They
refused Rob Stanley's resignation.
10. It is clear that TUFC, as we know it, will have a very short life span and both Pete Masters and GI have done the club no
favours at all. They say that they will put £500,000 in; any company would put in £500,000 if they knew categorically that
they would receive millions in return.
11. Everyone should now write to the council, condemning any sale to private companies as it is in the public's interest to
keep Plainmoor as a football ground. Profit should not be a priority over the communities history and happiness.
12. This take-over has been planned to coincide with the Christmas period when they know that we are all committed to our
families, as we should be at this time of year. However, we all love our club as our fathers did and our children will; we
must take a stand to save it now. It may be late in the day, but GI has not signed the contracts and we respectfully
request that you bombard Dave Phillip, who is clearly hell-bent on letting GI have TUFC, stating that he should not sign
the contracts with GI. If he decides to proceed with this, he should hang his head in shame on his way out the door to
Australia. Although he will be at the club for a short period of time, it will be a farce.
13. The club have other options that will be a far better option; including the chines business group.
14. The Herald Express has been contacted on many occasions and in our opinion, the paper has failed to keep the fans truly
informed.
15. The writing is on the wall for TUFC; this could be the final year for TUFC as we know it.
16. We can block them in many ways; we call upon Dave Phillips to call a halt to the agreement with GI, despite being
blackmailed (in our opinion) by GI who state that the directors are personally liable for the GI loans. We would also like
to remind Dave Phillips that Pete Masters was supposed to be an adviser, not the decision maker - don't forget the
investment he has made.
We would like to wish you all a happy Christmas and wish you happiness for all times. Before you comment on this post, we would ask that you read it a couple of times so you can understand what it is we are trying to tell you.
Let's save our beloved club - support the TUST and lobby the council not to sell the grounds.
Yours sincerely
The whistle-blowers
. Hopefully the information given to TUST members in August, could be some form of guidance as to conditions agreed upon.
