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Mostyn: Put up or shut up
Jeff Mostyn
Jeff Mostyn

JEFF Mostyn has urged any rival bidders for AFC Bourne-mouth to put up or shut up.

Mostyn's offer to buy the club was the only formal bid received by administrator Gerald Krasner and was subsequently accepted, in principle.

But as the finer details of the deal have continued to come under scrutiny, rumours suggest other parties are still interested in acquiring the club.

Informed sources close to the Daily Echo claim a mystery Midlands-based multi-millionaire is still monitoring developments with a keen eye.

However, during a meeting yesterday with AFC Bournemouth supporters' trust vice-chairman Derek Timoney, Mostyn made it clear he would still be prepared to walk away should a better offer come in.

Mostyn, who is heading a consortium involving Steve Sly, international businessman Marc Jackson and other mystery investors, agreed to meet the trust after they urged him to break his silence.

A full transcript of the meeting between Mostyn, Sly and Timoney was sent to the Daily Echo last night and will be published on the supporters' trust website today.

In the article, Timoney says: "Both Jeff and Steve were adamant that if anyone came in, even now, with an offer that would benefit the football club, they would stand aside and issued a challenge to any interested parties to put up or shut up. After all, it is on record that the bid they made was the only bid on the table and that bid has been accepted by the legally appointed administrators.

"Jeff made it perfectly clear that irrespective of any demands he may or may not have made in negotiations with numerous interested parties, anybody could have completely bypassed his personal desires by making an offer direct to the administrator during the open bidding process. It is difficult, therefore, to conclude that he was in any position to block any other bids."

Timoney says Mostyn confirmed he had met with the Midlands-based multi-millionaire and has not ruled out further meetings.

"But at present, he along with Steve are continuing in their efforts to secure the club and its future as you would expect in the circumstances that their bid has been accepted by the administrator."

Timoney also claims he "touched a nerve" when he asked Mostyn about rumours claiming he would only relinquish control if somebody were to pay him what he has invested to date.

"Jeff made it quite clear that the only monies he would receive would be the debentures and administration funding plus anything that (another) investor was to offer.

"What was made very clear to me was the fact that the amount invested by Jeff and Steve has been verified by others and sworn under oath as part of the statement of affairs at the High Court."

7:00am Saturday 29th March 2008

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Posted by: Nick71, Poole on 7:07am Sat 29 Mar 08
If you read the full article (published last night - Echo take note) you will see that it contains a whole lot of opinion, several pro-Mostyn viewpoints and is hardly objective. Also, Mostyn met one member of the Supporter's Trust. Was this so that Mostyn could pull the wool over Mr Timoney's eyes with the ready answers that Mostyn has now had a long time to dream up? Or was it because he wanted a sympathetic ear who would report the Mostyn view as fact rather than one man's version?
Posted by: GP, Bmth on 7:34am Sat 29 Mar 08
Has anyone on the ECHO actually done a modicum of research into who this mystery midlands multi millionaire actually is? The info is out there.
Posted by: fergie1, Wallisdown on 8:00am Sat 29 Mar 08
So now we finally know the mystery man exists, the echo say they know him and mostyn says dialogue might continue, at least that should shut Lymocherry up for about 20 seconds....I digress.

If The echo know who thi man is why dont they reveal his name, surely its of public interest. I can understand Mostyn not revealing it but surely The Echo are duty-bound as investagative journalists(allegedl
y) to reveal the name. My request to The Echo would be this; PUT UP OR SHUT UP.
Posted by: anna, Poole on 8:02am Sat 29 Mar 08
"But at present, he along with Steve are continuing in their efforts to secure the club and its future" for themselves, for next to nothing . While millions are lost by lifelong supporters/playersha
re/tax man etc etc etc. Lets hope it goes to the multi millionairre, not those who have schemed to get the club for nothing at the expense of many many others.
Posted by: fergie1, Wallisdown on 8:04am Sat 29 Mar 08
I think my point is, regardles of whether you support Mostyn or not, the one thing this whole episode has shown us is how we lack a decent local newspaper with good investigative journalists who have their finger on the pulse.
Posted by: GP, Bmth on 8:04am Sat 29 Mar 08
Fergie1. Go where the Echo gets most of their scoops. Have a look on one of the AFCB messageboards then decide for yourself.
Posted by: anna, Poole on 8:06am Sat 29 Mar 08
fergie1 wrote:
So now we finally know the mystery man exists, the echo say they know him and mostyn says dialogue might continue, at least that should shut Lymocherry up for about 20 seconds....I digress. If The echo know who thi man is why dont they reveal his name, surely its of public interest. I can understand Mostyn not revealing it but surely The Echo are duty-bound as investagative journalists(allegedl y) to reveal the name. My request to The Echo would be this; PUT UP OR SHUT UP.
Scared of upseting Mostyn I guess. Shame as the paper could get some credibility by reporting and digging up the truth. Better than all this fence sitting/Mostyn fawning.
Posted by: GP, Bmth on 8:16am Sat 29 Mar 08
anna - careful what you wish for
Posted by: mike park, dorchester on 8:38am Sat 29 Mar 08
More juvenile journalism from Mr Perrett like his headline yesterday"It's all gone quite over there"Instead of "Mostyn's wall of silence angers supporters"Sorry I just don't believe the Echo is an independent paper.It will never get to the truth because it dosn't want to.How about the list of creditors ?There is a massive story there.
Posted by: lamarinacf, Alicante/Bournemouth on 10:21am Sat 29 Mar 08
The ECHO could print a good story but ooo no we don't wanna upset Mostyn and let the people of the area know what is going on who is who and who wants what.

Just imagine the echo working for a national newspaper. Front page - youth club gets window smashed. Back - Accrington Stanley reserve goal keeper says he is excited for next season.

Duh and they expect to sell papers with stories you hear from Jackie or Ethel down the road?

Ask anyone who works for Echo how much papers they sell nowerdays It's laughable.
Posted by: john coombes, Tiverton on 10:43am Sat 29 Mar 08
after reading the transcript of the meeting, I feel that there were many more searching questions that should have been asked, if he is not asked Mostyn clearly does not feel obliged to offer more information than he has to, with regards to the mysterious millionaire he is quite correct he should put up or shut up, and it does no good for the usual suspects to come on this site slagging off any comment that Mostyn makes, unless you have something concrete to say keep your opinoins to yourselves
Posted by: NewForestPhil, New Forest on 10:48am Sat 29 Mar 08
Ok - the mystery man exists but clearly does not want to own/run the club yet on his own as if he did he would have already bid and would presumably not be having meetings with his "rival" Mostyn.

More likely option is he has said he may well help/get involved once the debt position is cleared. Anything revealed before then may put any deal in jeopardy since creditors may feel they could hold out for more. It could also be that he simply wants to remain annoymous if he can so he can avoid all the agro Mostyn is getting.

Anyway - we still don't know him or if he would be good for the club - could be somebody like the joker wanting to take over Mansfield and change the club name to "Harchester" after the team in the Sky programme.

Nothing said by Mostyn was unexpected and all makes perfect business sense. I still maintain that the only thing he has really done wrong is proving to have very por PR skills.
Posted by: Richard, Bournemouth on 10:55am Sat 29 Mar 08
Whilst I'm deeply concerned about the activities of the board at AFCB, Mostyn does have a point. If there is a 'sugar daddy' willing to buy the club then where is he and where's the cash?

This needs to be resolved before we start in L2 with -15 points.
Posted by: Matt on 12:31pm Sat 29 Mar 08
The problem is, no one else CAN buy the club because the voting rights Moystn, Sly, and Battey together all owen at any CVA vote means they can BLOCK AND OTHER bidder's attempt.

This is all because Moystn and co LIED to us all saying he bought the club where as in actual fact he didn't, just loaned it money becoming a creditor of the club.

Had they purchased shares instead and not been a creditor, he wouldn't have this controlling say at a CVA vote.

NO ONE ELSE CAN BUY THE CLUB BECAUSE MOYSTN HAS RIGGED IT THIS WAY.
Posted by: scottie, Salisbury on 12:41pm Sat 29 Mar 08
Here we go again. Ok Mr Mostyn you have offered 1,000,000 for the club. When are you going to tell 1. the shareholders
2. the creditors
3. and not least the fans
Just what your hopes and dreams are for our club. This is being kept very quiet or is the truth that the million is all you can afford and one year down the line we will be back in the same position or even worse. It is about time that it was all made very clear before we vote on you getting the club
Posted by: lamarinacf, Alicante/Bournemouth on 1:24pm Sat 29 Mar 08
I just want him to answer this.

If you can't run the club already then what's going to make it so different this time? The debt wiped off? No because your just end up owing money again because you have no intention of actually putting money in without getting it back

OUT OUT OUT OUT OUT

Now it's Oh where is these people...If they actually had a chance and you didn't swing it all in your direction then maybe they will come forward.

Thanks for ruining the club and then trying to do it over again.

The intention you have is nil.
Posted by: lamarinacf, Alicante/Bournemouth on 1:25pm Sat 29 Mar 08
I just want him to answer this.

If you can't run the club already then what's going to make it so different this time? The debt wiped off? No because your just end up owing money again because you have no intention of actually putting money in without getting it back

OUT OUT OUT OUT OUT

Now it's Oh where is these people...If they actually had a chance and you didn't swing it all in your direction then maybe they will come forward.

Thanks for ruining the club and then trying to do it over again.

The intention you have is nil.
Posted by: clinkers, Alton on 2:28pm Sat 29 Mar 08
You negative people make me sick! Whether you like it or not, M's offer is the only one on the table. Either you accept it, in which the club lives to fight another day, or reject it and run the risk which is liquidation and the end of football at Dean Court. You may not like the man (although all that you seem to rely on is hearsay) but at the moment he is all that we have.
Posted by: clinkers, Alton on 3:28pm Sat 29 Mar 08
There is only one offer on the table because there is only one offer on the table! And we are in this mess because of years of poor management Whether or not any part of this is down to M & S remains to be seen, but that is no reason to condemn their every statement. They may still be the best of a poor bunch. Perhaps someone else will emerge from the woodwork, but unless and until this happens the administrator has to run with the Mostyn bid. He has no option. My point is that if the creditors reject the Mostyn deal we stand to lose our club. After 50 years supporting the club I do not want this to happen. Having watched England on Wednesday, I would prefer to watch AFCB in Div 2 any time!
Posted by: MOLE, DORSET on 4:15pm Sat 29 Mar 08
clinkers wrote:
You negative people make me sick! Whether you like it or not, M's offer is the only one on the table. Either you accept it, in which the club lives to fight another day, or reject it and run the risk which is liquidation and the end of football at Dean Court. You may not like the man (although all that you seem to rely on is hearsay) but at the moment he is all that we have.
CLINKERS you stupid person!! As Avant has kept saying about people like you - YOU are part of the Mostyn Mafia.
Didn't Krasner tell Mitchell to 'go away' when he made enquiries?
How many other possible buyers did Mostyns friend Krasner send away?
You have to fight fire with fire and as Krasner has held the Mostyn deal very close to his chest and chased other potential buyers away obviously those still interested are waiting in the wings and seeing what happens at the creditors meeting.

It is well known that you never ever enter a room without a witness when going into a business meeting as a representative of a group of people, so how can we trust AFC Bournemouth supporters' trust vice-chairman Derek Timoney now?. He should have never entered that room by himself; he is now open to all sorts of accusations whether fair or not. We don’t know what Mostyn said or offered in return for the Trusts vote! Timoney has committed the cardinal sin and should now resign.
Posted by: clinkers, Alton on 5:26pm Sat 29 Mar 08
Quote from Mole's post:"Didn't Krasner tell Mitchell to 'go away' when he made enquiries?
How many other possible buyers did Mostyns friend Krasner send away?
Didn't Krasner tell Mitchell to 'go away' when he made enquiries?" Who says? Where does this information come from? If we are to have a sensible debate, lets keep to proven facts and cut out the abuse.
Posted by: steve bowman, throop on 6:57pm Sat 29 Mar 08
One can only assume that these so called
'International Business men and mystery investors' are purely using this as a 'Tax right off', because there are not any sensible Business men around with their heads screwed on, who would invest anything in poor old Bournemouth AFC.
Posted by: kevvo, The dog house again on 7:40pm Sat 29 Mar 08
Something really bothers me about all this apart from the obvious risk to destroying the Club . Good old Jeff still keeps going on about other People waiting in the wings to invest but didnt he say that last time and nothing happened The trouble with this is that Mostyn is not telling anybody anything and although it is possible that he is the only person interested in the Club I very much doubt that is the case And as for sensible debate Clinkers please continue and you have taken a bit of stick I dont agree that we have to sell our souls to this Man who has lied to us and treated the Supporters and Staff with contempt but respect your right to believe him but if you want sensible debate it may be prudent not to open your posts with You negative people make me sick. I dont believe anyone on here could be called negative because the are reluctant to believe anything a person who has at best mislead them says . There is nothing wrong with having a different view but if others not agreeing makes you sick then perhaps you should consider if its that important to you
Posted by: anna, Poole on 8:21pm Sat 29 Mar 08
5.9 mill. How with SandL and new owners?????
My husband says don't worry. I won't, and don't anymore.
Posted by: weiland, winton on 8:39pm Sat 29 Mar 08
i am not a bmth fan...but i went to a game and sat near mr moysten....and he was all smiles and laughter! and you guys were losing 4-2 to swansea...the guys taking the **** out of all cherries fans!its and ego thing trust me....he thinks being a chairman of a football club makes up for having a small ****!you cherries fans should call this guys bluff...and buy the club for yourself...and i bet he is not a bmth fan? my grandad came from bmth....and told of the days of harry redknapp and mel machin.....get back to them days!
Posted by: weiland, winton on 8:45pm Sat 29 Mar 08
by the way are steve and jeff an item?and is one fat and one skinny? sounds like laurel and hardy
Posted by: lamarinacf, Alicante/Bournemouth on 11:04pm Sat 29 Mar 08
weiland wrote:
i am not a bmth fan...but i went to a game and sat near mr moysten....and he was all smiles and laughter! and you guys were losing 4-2 to swansea...the guys taking the **** out of all cherries fans!its and ego thing trust me....he thinks being a chairman of a football club makes up for having a small ****!you cherries fans should call this guys bluff...and buy the club for yourself...and i bet he is not a bmth fan? my grandad came from bmth....and told of the days of harry redknapp and mel machin.....get back to them days!
I've been saying that ages...All he wants is the ego of being a chairman with no intention of actually running the club how it should. He has his merc outside parked next to SS beamer with there private plates but does not want to put in any cash unless it's a borrow. (before you people say he put cash in to keep it alive) if it was run like a business in the first place then he would not of had too.

Lets face it this man is running the club into the ground more and more and we get people on here saying bla bla bla he saved us he done this he done that. If he had the intention and was a supporter then he wouldn't of bothered in the first place.. And let someone else do it (yes there is other people who would take over)

He has no idea and only a few on here can see that..all we want is whats best for the club and it to be successful, It's the fans club and we should have the right to what's happening and who does what...not some numpty with his posh cars and plates that lives in the marina on xchurch.

I could not be at the game myself today because I'm currently in Spain for a few weeks but well done (the team) and keep it up...I happened to come across a Millwall fan in the bar and he asked me what was the score...I just laughed 2-0
Posted by: lamarinacf, Alicante/Bournemouth on 11:07pm Sat 29 Mar 08
weiland wrote:
i am not a bmth fan...but i went to a game and sat near mr moysten....and he was all smiles and laughter! and you guys were losing 4-2 to swansea...the guys taking the **** out of all cherries fans!its and ego thing trust me....he thinks being a chairman of a football club makes up for having a small ****!you cherries fans should call this guys bluff...and buy the club for yourself...and i bet he is not a bmth fan? my grandad came from bmth....and told of the days of harry redknapp and mel machin.....get back to them days!
I've been saying that ages...All he wants is the ego of being a chairman with no intention of actually running the club how it should. He has his merc outside parked next to SS beamer with there private plates but does not want to put in any cash unless it's a borrow. (before you people say he put cash in to keep it alive) if it was run like a business in the first place then he would not of had too.

Lets face it this man is running the club into the ground more and more and we get people on here saying bla bla bla he saved us he done this he done that. If he had the intention and was a supporter then he wouldn't of bothered in the first place.. And let someone else do it (yes there is other people who would take over)

He has no idea and only a few on here can see that..all we want is whats best for the club and it to be successful, It's the fans club and we should have the right to what's happening and who does what...not some numpty with his posh cars and plates that lives in the marina on xchurch.

I could not be at the game myself today because I'm currently in Spain for a few weeks but well done (the team) and keep it up...I happened to come across a Millwall fan in the bar and he asked me what was the score...I just laughed 2-0
Posted by: Paul, Christchurch on 9:22am Sun 30 Mar 08
'illterate' eh? Priceless....

Why don't you 'all' get off your backsides and get together to form a consortium to buy the club?

Ah sorry, wouldn't be as much fun as sniping from behind a keyboard and wping snot off the screen every now and then would it.
Posted by: MOLE, DORSET on 12:45pm Sun 30 Mar 08
REPEATED AS MOST IMPORTANT It is well known that you never ever enter a room without a witness when going into a business meeting as a representative of a group of people, so how can we trust AFC Bournemouth supporters' trust vice-chairman Derek Timoney now?. He should have never entered that room by himself; he is now open to all sorts of accusations whether fair or not. We don’t know what Mostyn said or offered in return for the Trusts vote! Timoney has committed the cardinal sin and should now resign.
Posted by: MOLE, DORSET on 12:53pm Sun 30 Mar 08
Paul wrote:
'illterate' eh? Priceless.... Why don't you 'all' get off your backsides and get together to form a consortium to buy the club? Ah sorry, wouldn't be as much fun as sniping from behind a keyboard and wping snot off the screen every now and then would it.
If it was a matter of ‘getting off our backsides' to buy the club then all genuine AFCB supporters would try and buy the club, but even with all our money put together we would not have enough!! We do though have the right of free speech in this country and that is what these comments are all about FREE SPEECH.
Free speech does not necessarily mean writing crude comments, but alas some people have a limited amount of vocabulary. Shame on you.
Posted by: kevvo, The dog house again on 1:52pm Sun 30 Mar 08
Paul wrote:
'illterate' eh? Priceless.... Why don't you 'all' get off your backsides and get together to form a consortium to buy the club? Ah sorry, wouldn't be as much fun as sniping from behind a keyboard and wping snot off the screen every now and then would it.
Why is it that as soon as anyone questions the proven liar that the only retort is nonsense like this Dont you think if we could do anything about it the Club would be safe by now . And even if we could it would proberbly be rigged against us We may be wrong I dont think we are but thats my opinion you think and believe what you want but I for one dont want to be silent while the Club is being destroyed before our eyes. If you believe in the integrity of this Man Good Luck to you and bearing in mind your comments I assume that you have got off your backside to support Good Old Jeff and the bright future he has promised for the second time or perhaps you are one of the mystery investors that didnt turn up last time Mostyyn said they were waiting in the wings
Posted by: kevvo, The dog house again on 1:57pm Sun 30 Mar 08
weiland wrote:
by the way are steve and jeff an item?and is one fat and one skinny? sounds like laurel and hardy
More like the chuckle Brothers but moving money about
To You To Me to You To Me
Posted by: CJR, Fleet on 5:15pm Sun 30 Mar 08
MOLE wrote:
clinkers wrote: You negative people make me sick! Whether you like it or not, M's offer is the only one on the table. Either you accept it, in which the club lives to fight another day, or reject it and run the risk which is liquidation and the end of football at Dean Court. You may not like the man (although all that you seem to rely on is hearsay) but at the moment he is all that we have.
CLINKERS you stupid person!! As Avant has kept saying about people like you - YOU are part of the Mostyn Mafia. Didn't Krasner tell Mitchell to 'go away' when he made enquiries? How many other possible buyers did Mostyns friend Krasner send away? You have to fight fire with fire and as Krasner has held the Mostyn deal very close to his chest and chased other potential buyers away obviously those still interested are waiting in the wings and seeing what happens at the creditors meeting. It is well known that you never ever enter a room without a witness when going into a business meeting as a representative of a group of people, so how can we trust AFC Bournemouth supporters' trust vice-chairman Derek Timoney now?. He should have never entered that room by himself; he is now open to all sorts of accusations whether fair or not. We don’t know what Mostyn said or offered in return for the Trusts vote! Timoney has committed the cardinal sin and should now resign.
Krasner never met or spoke to Mitche11. As stated in the press meeting at Fitness first to announce the bid. Get your facts right.
Posted by: flyingleaper, el segundo ca.USA on 6:12pm Sun 30 Mar 08
how much is a multi millionair worth these days?what is multi? 2 mill ,10 mill,100 mill?is this $ or pounds?good WIN sat up the CHERRIES--AAAAAAAHHH
HHHHHHHHHHH
Posted by: Son Of Frank Barton, Better days on 8:17pm Sun 30 Mar 08
I think mole has just surpassed the already high levels of idiocy posted by others on here. Well done.
Posted by: anna, Poole on 9:22pm Sun 30 Mar 08
Imagine, you are a non league side and draw a League 1 side. Great as long as it wasn't Bournemouth. What a total disgrace.
Posted by: lymocherry, Lymington on 8:19am Mon 31 Mar 08
anna wrote:
Imagine, you are a non league side and draw a League 1 side. Great as long as it wasn't Bournemouth. What a total disgrace.
I don't think so, there are many non league sides who would love to draw Bournemouth in the cup, let's not burden the team with the nonsense at board level, after all it is the team we support isn't it?
Posted by: MOLE, DORSET on 11:16am Mon 31 Mar 08
CJR wrote:
MOLE wrote:
clinkers wrote: You negative people make me sick! Whether you like it or not, M's offer is the only one on the table. Either you accept it, in which the club lives to fight another day, or reject it and run the risk which is liquidation and the end of football at Dean Court. You may not like the man (although all that you seem to rely on is hearsay) but at the moment he is all that we have.
CLINKERS you stupid person!! As Avant has kept saying about people like you - YOU are part of the Mostyn Mafia. Didn't Krasner tell Mitchell to 'go away' when he made enquiries? How many other possible buyers did Mostyns friend Krasner send away? You have to fight fire with fire and as Krasner has held the Mostyn deal very close to his chest and chased other potential buyers away obviously those still interested are waiting in the wings and seeing what happens at the creditors meeting. It is well known that you never ever enter a room without a witness when going into a business meeting as a representative of a group of people, so how can we trust AFC Bournemouth supporters' trust vice-chairman Derek Timoney now?. He should have never entered that room by himself; he is now open to all sorts of accusations whether fair or not. We don’t know what Mostyn said or offered in return for the Trusts vote! Timoney has committed the cardinal sin and should now resign.
Krasner never met or spoke to Mitche11. As stated in the press meeting at Fitness first to announce the bid. Get your facts right.
So Mitchell was never told not to submit an offer by Krasner?
There are other forms of communication other than verbal or face-to-face. Why would Mitchell need to lie?
You are so naive. Everything Krasner has said directly or indirectly is to protect Mostyn. Exclusivity deal between Mostyn and Krasner for a start - doesn't that just stink!
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