So the lack of bloggage merits an apology, although it's not entirely my own fault - the 'Rich Text' editor used by blogger (at least the one I seem to have) has forgotten how to do paragraphs and that makes blogging a good deal less instant than it should be. Still, it's a steak compared to Twitter's hamburger.
So while I should be updating on life in Kokomo, new job which is 100% work-from-home, the delights of an eight-month old baby (although Gloria's Facebook does a better job of that one and the promotion of Saints, not to mention Doctor Who old and new ('The War Games', Patrick Troughton's last serial from 1969, was superb - start to finish - and blew my previous statements about Troughton and writer Terrance Dicks right out of the water)... anyway, while I should be talking about that, I'm not, mainly due to lack of time and my annoyance with having to put paragraph HTML tags around everything I write.
That said, today is a big day for Plymouth Argyle. Monday saw Saints win 3-1 at Home Park to ensure they were promoted and Argyle were relegated, but today is a bigger fixture for Argyle - the Creditor's Meeting where everyone owed money by Argyle votes on whether to accept an offer of 0.77p in the pound that they're owed.
Yes, that's right - not 77p in the pound but 0.77p in the pound, less than 1% of what they're owed. James Brent's 'last-man standing' bid appears to be the basis of this offer (we'll know for sure soon), while rival Paul Buttivant appears to be offering a massive 3p in the pound. Problem is, Buttivant has yet to convince the Administrator that he actually has any money... he is sounding off about it, and starting to appear to be another 'Pinnacle' (see the Saints saga from two years ago for details on that one). So, the meeting goes ahead as I write this and the offer is on the table.
Thanks to the wonder of Twitter (hamburgers are good when you need something quick, right?), and the fact that the Administrator let the media stay in the meeting, we have live coverage of the meeting... and the news is...
The CVA has been approved.
In addition, the Administrator says he has signed exclusivity with the preferred bidder (wow! didn't think that would happen to be honest) but we don't know who it is -- the Administrator won't tell us. Yet.
"Can't say who preferred buffers are - until June 14 - but are genuine football people" - which would actually seem to rule out James Brent, although you can never assume anything...
Further updates to follow, no doubt...
Update: While not giving away the identidy of the preferred bidder, the Administrator is saying who it isn't - and it's not James Brent, and it's also not Paul Buttivant. Which leaves us with the little-known Irish bid or some dark horse bid that nobody had a clue about before. Let the guessing begin...
