aj
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Post by aj on Jan 3, 2017 17:34:32 GMT
floridagull go to the meeting you won
t
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sam
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Post by sam on Jan 3, 2017 19:21:38 GMT
I think that is the word - vigilance and Merse has penned a correct summation of the situation surrounding Torquay United. Once again, we have to be thankful for the forums as there is indeed a serious desire for the club to succeed by the majority of the participants coupled with in depth knowledge of the club. The participants also have a wide variety of specialist skills and disciplines which can only serve the cause well if times get even trickier. I have nothing against TUOSC, have become a member and they have been helpful in money raising ideas for the roof for the disabled area. However, the TUST, a democratically run organisation is the key. I was always suspicious of the 'Official' in the TUOSC - unnecessary. At a time when a united front was needed here was division. As time has gone on I can see that they fill a void on various projects and I am pleased that they have recruited supporters who perhaps for whatever reason did not join the TUST. I look upon TUST as a bastion of defence against the marauding attackers trying to overcome the citadel. I have given them my £100. They must be the big voice representing us and we should back them to the hilt. It is absolutely possible there will be no need for them to get involved. GI will invest in the team, build a new stadium (5 years at the very least - more like 10) and all will be rosey. I do feel though, that there will be battles ahead which we must engage and who better to represent us all than TUST with a large membership and a fighting fund to start off with. We must be prepared for battle even if there isn't one. Remember Admiral Byng.
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aj
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Post by aj on Jan 3, 2017 20:03:24 GMT
well said sam.
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Deleted
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Post by Deleted on Jan 4, 2017 20:38:36 GMT
Floridagull
That meeting won't be to discuss the disposal of Plainmoor. Latest suggestions are that Plainmoor might crop up in discussions during a meeting in February.
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Deleted
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Post by Deleted on Jan 4, 2017 21:57:16 GMT
floridagull Info from Merse's site, provided by an excellent poster he has there, who I believe is the wife of a Councillor. So the 18th Jan meeting being off can be taken as read. As for the definite date of any rescheduling or the exact itinerary or agenda relating to it, nothing official, verifiable , or set in stone just yet  TUST still need their meeting, and the sooner the better. They either encourage the campaign of some of their more proactive members, and in the process kiss goodbye to the chance of asserting their influence from within Plainmoor. Or they make the right noises to temper the 'we're all doomed message' coming from a section of their membership, and thereby try to avoid their relationship with G.I being combative from the word go. There'll be no option of sitting on the fence with this one. |
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Rob
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Post by Rob on Jan 4, 2017 22:49:23 GMT
She mentioned that it will be on 6th February now. Wife of Julien Parrott, who is part of the policy group in question, TUFC fan and UKIP councillor.
Cross-party concerns via publicised emails of elected local representatives (Conservative, LibDem and UKIP) regarding GI intentions now on other sites. Includes email from current MP and posting from previous local MP on the subject. Herald Express currently disinterested.
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rjdgull
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Post by rjdgull on Jan 4, 2017 23:25:35 GMT
All very well putting a new stadium on the front burner but you need to bring the majority of the community with you first and the priorities from GI seem to be freehold and new stadium before any forum or consultation is held.
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rjdgull
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Post by rjdgull on Jan 5, 2017 15:33:25 GMT
link - I see the Herald is talking about the lease being up for discussion at the meeting not the Freehold. Sort of makes sense as TUFC are not the only occupier of the ground. So is this in effect a surrender of the lease in exchange for land elsewhere and/or a monetary figure? So using very basic maths and figures plucked out of the air for illustrative purposes: Value of Plainmoor freehold without lease: £1,000,000 Value of Freehold subject to the long lease: £250,000 Value of Lease 
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rjdgull
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Post by rjdgull on Jan 5, 2017 16:11:09 GMT
link - to details of proposals on Torbay Council Website on the lease
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rjdgull
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Post by rjdgull on Jan 5, 2017 16:28:29 GMT
TUST now rebutting that it is the leasehold being discussed although there is more than one way to skin a cat.....
From Michael to TUST members.
Please Let Us Have Some Honesty.
Claims that the planned meeting is to discuss only the terms of the Plainmoor Lease is untrue.
We have seen written evidence that the Mayor and senior council members have corresponded with the directors of Torquay United regarding the sale of the freehold of Plainmoor.
To claim that the discussion to dispose of the Plainmoor freehold has been delayed because the council have only just realised the ground is listed as an Asset of Community Value beggars belief!
TUST registered the ground with the council in 2015 and to date there has been no approach from any council department to discuss any changes to the lease of this community asset.
A Freedom of Information Request was submitted on the 31st December to determine what correspondence/meetings has taken place to discuss the sale of the freehold.
The meeting to discuss the Plainmoor Freehold will now be held;
Meadfoot Room
Town Hall
Castle Circus
Torquay
Monday 6th February
1:00pm
The meeting is open to the public.
Kind Regards ...
Michael
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kfc
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Post by kfc on Jan 10, 2017 17:15:34 GMT
All very well putting a new stadium on the front burner but you need to bring the majority of the community with you first and the priorities from GI seem to be freehold and new stadium before any forum or consultation is held. It all seems to quiet for my liking until we know what their plan is we are in limbo. I can't believe that the people who decided our fete have disappeared. Time is a factor now as before long, players will want to know if they are going to be offered new contracts and the better ones will have told their agents what they want for next season. |
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rjdgull
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Post by rjdgull on Jan 10, 2017 22:41:58 GMT
All very well putting a new stadium on the front burner but you need to bring the majority of the community with you first and the priorities from GI seem to be freehold and new stadium before any forum or consultation is held. It all seems to quiet for my liking until we know what their plan is we are in limbo. I can't believe that the people who decided our fete have disappeared. Time is a factor now as before long, players will want to know if they are going to be offered new contracts and the better ones will have told their agents what they want for next season. We are in limbo for another week until the league ratify the takeover, closely followed by the TUST meeting, the date of which I suspect is not unrelated. Welcome to this forum by the way |
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Post by andycandy on Jan 17, 2017 10:18:53 GMT
Meeting With Gaming International
Dear Member ...
Further to my message of the 9th I now include below the list of issues we have been asked to present to Gaming International at our meeting on the 20th January.
Kind Regards ...
Michael ...
STRATEGIC ISSUES
Improve GI’s understanding of TUST’s role, objectives, evolving strategy in response to recent changes at the club and relationship/difference to TUFC Supporters Club.
Clarification of GI’s interest in owning the club. It is acknowledged that football clubs can be a “money pit” for investors. With that in mind, owners normally fall into one of two camps. The first would be somebody with an emotional attachment to the club or area who wishes to invest for benevolent reasons. The second, would be that the owner can realise some form of commercial benefit. As far as TUST are aware GI would not fall into the first camp and therefore as a corporate organisation with a responsibility to its shareholders, it is expected that Riveira Stadium Limited/Gaming International would be investing in order to generate a profit (which is understandable). Just where do GI perceive this profit to come from? TUST may be happy to support GI’s proposals if they result in a ‘win-win’ position for all concerned, but there needs to be clarity and transparency over this in order to dispel any myths that may exist.
In pursuance of the motives indicated above, what degree of capital investment (if any) is likely to be made into the club?
Following the takeover, what is the scale of underlying debt which GI believes has to be addressed and within what timescale?
What will the capital structure of the club (i.e. Torquay United Association Football Club Ltd / Plainmoor Limited) look like moving forward?
GI’s short, medium and long term goals for the club and for Plainmoor
Clarification of GI’s previous involvement with other sports clubs/sports facilities and a summary of GI’s successes and failures.
Clarification of GI’s view of the current lease arrangements with the Council and existing covenants.
Clarification of whether there is a need for freehold ownership of Plainmoor by GI, anticipated timing of an acquisition and implications for the club and its future security and sustainability.
If relocation of the club is part of GI plans, how would implementation take place to ensure sustainability of the club? For TUST support there has to be a guarantee of a comparable home for TUFC with similar or better T&Cs than they currently enjoy, before the freehold is released for sale.
If there is a relocation of the stadium, how would it be funded and what would be the burden on the club?
How will stakeholders, such as TUST, be engaged in the development of GI’s plans?
How will GI develop a positive relationship with local businesses and the local community to re-establish the ‘lost’ link with the local area, primarily to generate more revenue for the club?
If GI ‘review’ the fan base age profile it will quickly become apparent that their customer base is generally ageing! How will GI reinvigorate support from young people to ensure the club’s longer term survival?
What is GI’s view on the role of community ownership, or at least community involvement, in a football club?
CLUB MANAGEMENT ISSUES
GI do not appear to have much experience of running a football club. Are GI confident they have provided sufficient off-field management and administrative resource to ensure that the club prospers, and what will be the general nature/scale of that back-up?
If GI intend to manage ‘remotely’ who will be responsible locally and what will their relationship be to GI?
What plans have GI got to appoint a reputable and experienced Chairperson supported by a local board of directors and what will be the mechanism, or qualifying criteria, by which the board is appointed?
What plans have GI got to appoint a qualified and experienced CEO supported by suitably qualified back office staff to ensure:
there are sufficient resources to maintain the day to day operational requirements of running the Club.
increases in the amount of commercial income raised and develop new income streams
delivery of what is anticipated to be a challenging 5 Year Plan
the development of an improved communications strategy to address current criticisms (communication with fans has been a major problem for the previous Board and since the takeover there has been little communication with fans by GI, which has created a vacuum where speculation and rumour is now rife. How will GI address this in the short term?)
engage more effectively with stakeholders and the wider community
What ideas has GI got to introduce new income streams at (a) Plainmoor and (b) a new stadium?
Clarify alleged involvement of Peter Masters in the takeover process and is there any risk of future sanctions for the club from the National League?
FOOTBALL RELATED ISSUES
Do GI have any ambitions for the football side of the club, bearing in mind that the majority of fans crave a return to the Football League, supported by a plan to retain league status?
Do GI have any ambitions regarding re-establishing a youth academy?
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jerry
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Post by jerry on Jan 17, 2017 15:50:17 GMT
When did TUST become a stakeholder?
www.investopedia.com/terms/s/stakeholder.asp |
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Rob
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Post by Rob on Jan 17, 2017 18:37:04 GMT
When did TUST become a stakeholder?
www.investopedia.com/terms/s/stakeholder.aspIndeed, and I believe a favoured description used by Clarke Osbourne when it comes to fans as well. Thank you for asking these questions of our owners. Clearly a well intentioned owner would always be most willing to hear and respond and, like other fans, I look forward to hearing their replies and observations. |
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