Wednesday, July 06, 2011

6 July 2011: Sham

Plymouth Argyle deal to sell ground to 'Irish Consortium' (actually Truro City owner Kevin Heaney) has been signed. No money has changed hands. Again.

So instead of the original plan of six-week exclusivity in return for one million pounds, Heaney and his 'anonymous backers' (who probably don't exist, at least not any more) have now had three months for about 300k.

The Fans' Trust is making as much noise as possible, but in a footballing world where it's not only acceptable but seen as a good move for Portsmouth to be run as an international money-laundering operation, nothing will be done about the deal which, despite the remit of the administrator, is not and has not been the best deal for the creditors.

The irony is that Kevin Heaney appears to still have no money to back up this 'bid' and so in a few weeks it will all come crashing down again, unless he can dig somebody up quickly. And given that rejected-by-the-administrator rival bidder Paul Buttivant has set a Private Investigator to take a look into the proceedings, I doubt Buttivant is someone Heaney can talk to.

I've actually had enough. If I were in Devon, I wouldn't be going this season. The whole thing stinks almost as much as the Pompey 'takeover', except it's been executed less cleanly and too many false statements have been exposed.

Still, who's to say Truro City won't start playing at Home Park now that their owner, in direct contravention of league regulations, controls both clubs? And Peter Ridsdale can run the footballing side of the business from inside prison, where he could be heading as he's in court this month in Cardiff facing substantial fraud charges.

What a mess.

2 comments:

Jason Balaska said...

I like Manchester United!

Becky S said...

For the first time ever, I've actively NOT looked forward to the start of the season, hoping in vain that all this crap would finally get sorted and we could put it behind us. But you're right, the whole thing absolutely stinks and I can't for the life of me see a way out. Depressing times indeed (and as Argyle fans, we've had a few ...). A 4-1 tonking by Rotherham seems like small beer in comparison, right now I'm just glad we're still playing in the football league.