GI put the club 'on the market'
Posted: 18 Oct 2017, 20:41
GI put the club 'on the market'
Evidence that Torquay United might yet be freed of the grip of Gaming International before long and yet, if you take this site as your barometer of all things TU; it's as if nothing has happened and it's waffle time for one and all!
One poster on BTPIR tonight says:
'I dare say if you ask a third to half the regular crowd at Plainmoor they wouldn't be able to tell you about the state in which Thea Bristow's regime left the club, the Dean Edwards shenanigans or about GI's past history. Partly this is due to the local media and their shocking silence, partly due to people not looking beyond their nose'
For he uninitiated; Gaming International have recently posted their latest accounts (y/e 31/12/16) at Companies House. The comment on page 21, of the entry says all:
“The Directors are in advanced negotiations to dispose of Riviera Stadium and it’s underlying investment in Torquay United AFC Ltd”.
The Toklon report states that the Torquay United holding is 'being held exclusively with a view to subsequent resale within one year of it's acquisition',which is slightly more information than the GI accounts. Make of that what you will, they're running out of time to achieve that but it does give a timeline. As a result the Riviera Stadiums figure aren't included in the accounts.
Another BTPIR contribution tonight makes the point:
'If I was being cynical, I'd suggest that they expected to get hold of the freehold in this year, potentially around this Summer if the Council hadn't been pressured by the fans, before selling on the club to any Tom, Dick or Harry. Thus moving themselves into the position as a landlord in the short term and in the long term giving them the leverage to push their stadium idea or evict the club if/when it ran into trouble in the future. The very fact that they have tried/are trying to sell the club after only 10 months of ownership shows that their loan to Phillips' regime was always a predatory action, designed to get hold of the land the club sits on and that they didn't want to own the club itself. They've never been in this for the long term, looking to develop the club and increase it's revenues. Even the most benign option of them using the club as an anchor tenant to fill out dates in a stadium owned by GI, generating GI profits looks unlikely given this. The actions taken Spring this year were so important and we may need to mobilise again in the near future.'
What everyone of you reading this needs to make yourself aware of is this; the ACTUAL ownership of Torquay United and their history of dealings with similar enterprises within the sporting portfolio........Bristol Rovers, Hereford United and Reading Speedway/Greyhounds. Torquay United is owned by Riviera Stadium which is owned by Gaming International which is owned by Toklon ~ TOKLON has just one shareholder; Clarke Osborne!
https://beta.companieshouse.gov.uk/comp ... 4/officers
Another contributor on there tonight makes the point:
'Secondly when I started to research the previous activities of Gaming International I was staggered at just how quickly a picture started to emerge. I wasn't doing anything special; just using the web to unearth - without any monetary cost to myself - what was out there. At first it was tempting to dismiss what happened with Bristol Rovers and Eastville as "ancient history". But, no, that was all part of a modus operandi involving the same cast. Clarke Osborne has been at it man and boy. '
Now please ~ with respect ~ there are far more important things happening in the world of our favourite football club right now worthy of debate more than players who make us smile/were crap etc; etc. Let's make sure that everyone is awake and smelling the coffee because you sure as hell won't be hearing about it from the likes of Dave Thomas and Guy Henderson. That I can promise you!
Evidence that Torquay United might yet be freed of the grip of Gaming International before long and yet, if you take this site as your barometer of all things TU; it's as if nothing has happened and it's waffle time for one and all!
One poster on BTPIR tonight says:
'I dare say if you ask a third to half the regular crowd at Plainmoor they wouldn't be able to tell you about the state in which Thea Bristow's regime left the club, the Dean Edwards shenanigans or about GI's past history. Partly this is due to the local media and their shocking silence, partly due to people not looking beyond their nose'
For he uninitiated; Gaming International have recently posted their latest accounts (y/e 31/12/16) at Companies House. The comment on page 21, of the entry says all:
“The Directors are in advanced negotiations to dispose of Riviera Stadium and it’s underlying investment in Torquay United AFC Ltd”.
The Toklon report states that the Torquay United holding is 'being held exclusively with a view to subsequent resale within one year of it's acquisition',which is slightly more information than the GI accounts. Make of that what you will, they're running out of time to achieve that but it does give a timeline. As a result the Riviera Stadiums figure aren't included in the accounts.
Another BTPIR contribution tonight makes the point:
'If I was being cynical, I'd suggest that they expected to get hold of the freehold in this year, potentially around this Summer if the Council hadn't been pressured by the fans, before selling on the club to any Tom, Dick or Harry. Thus moving themselves into the position as a landlord in the short term and in the long term giving them the leverage to push their stadium idea or evict the club if/when it ran into trouble in the future. The very fact that they have tried/are trying to sell the club after only 10 months of ownership shows that their loan to Phillips' regime was always a predatory action, designed to get hold of the land the club sits on and that they didn't want to own the club itself. They've never been in this for the long term, looking to develop the club and increase it's revenues. Even the most benign option of them using the club as an anchor tenant to fill out dates in a stadium owned by GI, generating GI profits looks unlikely given this. The actions taken Spring this year were so important and we may need to mobilise again in the near future.'
What everyone of you reading this needs to make yourself aware of is this; the ACTUAL ownership of Torquay United and their history of dealings with similar enterprises within the sporting portfolio........Bristol Rovers, Hereford United and Reading Speedway/Greyhounds. Torquay United is owned by Riviera Stadium which is owned by Gaming International which is owned by Toklon ~ TOKLON has just one shareholder; Clarke Osborne!
https://beta.companieshouse.gov.uk/comp ... 4/officers
Another contributor on there tonight makes the point:
'Secondly when I started to research the previous activities of Gaming International I was staggered at just how quickly a picture started to emerge. I wasn't doing anything special; just using the web to unearth - without any monetary cost to myself - what was out there. At first it was tempting to dismiss what happened with Bristol Rovers and Eastville as "ancient history". But, no, that was all part of a modus operandi involving the same cast. Clarke Osborne has been at it man and boy. '
Now please ~ with respect ~ there are far more important things happening in the world of our favourite football club right now worthy of debate more than players who make us smile/were crap etc; etc. Let's make sure that everyone is awake and smelling the coffee because you sure as hell won't be hearing about it from the likes of Dave Thomas and Guy Henderson. That I can promise you!
Fecking idiots. 
