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IT'S ALL GONE QUIET OVER THERE
BID: Jeff Mostyn
BID: Jeff Mostyn

NOTICE is hereby given that it is 10 days until creditors meet to vote on significant proposals for the future of AFC Bournemouth.

Those creditors, together with the club's shareholders, have already seen detailed documentation outlining plans to take Cherries out of administration.

To the untrained eye and for those without a degree in law, some of the information could be described as complex.

In a nutshell, current chairman Jeff Mostyn wants to buy the club for £1m and give the creditors just over 10 per cent of what they are owed.

If they vote against, Mostyn's offer could go as low as £475,000 with the creditors receiving as little as half-a-pence in the pound of their respective debt.

It has been 15 long days since administrator Gerald Krasner revealed he had accepted - in principle - an offer to buy the club.

And it has been over a week since Mostyn, the successful bidder, said he wanted to start talking to the club's supporters again.

Fortunately, that long-overdue dialogue will start today when Mostyn is due to meet officials of the AFC Bournemouth supporters' trust.

An influential Cherries fans' group, the trust owns a significant shareholding in the club and has an audience of around 2,000.

It also has the means to spread the word by utilising its own website, through press releases and on messageboard forums.

How Mostyn intends to communicate with other Cherries supporters, especially those who find modern technology challenging, remains to be seen.

Since having his bid accepted and for someone who is on the verge of buying a football club, Mostyn has kept surprisingly low key.

There has been next to nothing on the club's own website, while From The Boardroom columns in the past two matchday programmes have only touched on the issue.

In his sidekick and fellow consortium member Steve Sly, Mostyn has the ideal man to market his wares. A lifelong Cherries supporter, Sly is also a salesman by trade.

He penned the notes for the Easter Monday clash against Tranmere when he moved to reassure fans that the potential new owners would "do everything in our power to secure some long-term stability for the football club".

Sly also said he believed that the consortium had "the right partners in place to secure longevity and ultimately success for the Cherries".

The article included two short paragraphs on the proposed takeover - one for each week since the bid was accepted.

An intended press conference was expected to outline details of how the consortium intended to take the club forward together with the possible identity of the "right partners".

To date, this briefing has not taken place while there would seem to be no immediate plans to hold it ahead of the creditors' meeting.

If ever there were a time to communicate with the fans then that time is now. Closing the sale successfully should be of paramount importance and what better way than to shout your pitch from the rooftops.

7:00am Friday 28th March 2008

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Posted by: anna, Poole on 7:49am Fri 28 Mar 08
Fortunately, that long-overdue dialogue will start today when Mostyn is due to meet officials of the AFC Bournemouth supporters' trust. Unfortunately I guess the Supporters Trust will have to sign a confidentiality agreement, so no one else will be in the know of what these 'charactures' intend to do next in there exclusivity deal.

Posted by: lferrone, Boscombe East on 8:03am Fri 28 Mar 08
If proof was ever needed as to why we have no money at AFCB (albeit out of their hands now) the sending of two packs of the same information to someone who is both a shareholder and season ticket holder is enough evidence that money is being squandered on photocopying and postage cost without due consideration. On a rough estimate there must be at least 60 A4 sheets of paper in each pack. I know that in terms of reprographics volume = less cost per sheet of printed paper but nevertheless I don’t think it would have taken an Einstein to figure out that the majority of shareholders are also season ticket holder. I have not read the second pack which I received two days after the first one however from a glance it seems the same stuff to me maybe I am wrong in assuming that!! No wonder we have to seell our key player/s
Posted by: A surprise, Bournemouth on 8:11am Fri 28 Mar 08
Due to the packs being a lot of legal stuff many fans will not understand it and will have to seek advice. I myself phoned Begbies Traynor the company who sent out the pack and as of this morning no return call?
I will be attending the meeting on the 7th for sure.
Posted by: Nick71, Poole on 8:23am Fri 28 Mar 08
The third man, Marc Jackson, is a photocopier salesman. He will, no doubt, be rubbing his hands with glee.

But on a serious point. We have seen this before. When we had the Sale and Loan, Peter Phillips told us at the last minute that this was the only deal in town. It's take it or curtains for AFC Bournemouth. Mostyn and Sly told us at the last minute that theirs was the only deal in town. Take it or goodnight AFC Bournemouth. Now the Echo is doing the job for M & S. This is the only deal in town, take it now or get even less later on.

It stinks as much now as it did when Mostyn and Sly promised to buy shares in the club. They lied, they didn't buy the shares, but they still had the nerve to keep control of the club on false pretences and then use their 'investment' to effectively ward off any other interested parties.

I shall be voting NO to these two shysters. If the result is that they end up getting the club cheaper, so be it. I want to send a clear message to M & S: there are loyal supporters who wholeheartedly disapprove of the way they have lied their way in and completely distrust the motives of this shady pair.
Posted by: anna, Poole on 8:33am Fri 28 Mar 08
Shame it seems the paper is complient to M and S and how the takeover has been (stage) managed. Perhaps there will be a full legal enquiry as to how this has all been handled?
Posted by: Garyt, Daventry on 8:40am Fri 28 Mar 08
Do not expect too much from Mostyn, the master communicator. Focal Point will attest to that!
Posted by: clinkers, Alton on 8:44am Fri 28 Mar 08
Hang on - I read this as a plea to M & S to communicate with us. There was to have been a press conference several days ago, cancelled because M had been abroad. No word as to why it has not been reconvened. As to the stitch up theory - to which I do not subscribe - remember that the administrator has an obilgation to the creditors to get the best possible deal. If he does not he stands to be sued by them. So perhaps the M & S deal is the best on the table. So why vote against it and increase the risk of a further points deduction.
Posted by: cherryfan, Horndean on 9:03am Fri 28 Mar 08
Season ticket holder here and I've seen no pack through my letter box? Were we all supposed to get one?
Posted by: mike park, dorchester on 9:23am Fri 28 Mar 08
Season ticket holder + shareholder +my wife's also a shareholder STILL NO PACKS !!!
Posted by: mike park, dorchester on 9:25am Fri 28 Mar 08
Season tiket holder+ shareholder as is my wife STILL NO PACKS!!
Posted by: A surprise, Bournemouth on 9:51am Fri 28 Mar 08
Mike when you receive them you wish you had'nt. Mostyn and Sly's address are printed so it will give some people the excuse to write to them at home.
Posted by: .com, ferndown on 9:59am Fri 28 Mar 08
over the years i've chucked in cash to allsorts of save the cherry initiatives,i've got worthless certificates for myself & my kids from different schemes, paid direct debits and allsorts & i haven't got a scooby which thing is which . ultimately what was the point!
Posted by: Huckfan, Poole on 10:16am Fri 28 Mar 08
I feel very sorry for all loyal fans of AFCB.
Mostyn and Sly have hoodwinked the lot of you. AFCB will never see any of my money while these two gentlemen have anything to do with the club.
My advise is accept the CVA, let Mostyn pay off the creditors and then do not buy next years season tickets or go to the games next year, he looses his shirt and somone else can take over.
AFCB supporters are customers. Vote with your feet next year.
Posted by: Matt on 10:25am Fri 28 Mar 08
I'm a season ticket holder so I'll get a vote at the meeting. I'm note gonig to vote for a plan that I know nothing about.

I'd rather get -15 next season than give the club to a group we know nothing about.

I'ts in M and S's best interests to give us a much infomation as possible, otherwise they'll shoot themselves in the foot.
Posted by: anna, Poole on 10:31am Fri 28 Mar 08
What are the odds on Jaffer waiting in the wings as an un-named member of the Mostyn group. That would explain why they are keeping silent.
Posted by: lofty1971, Poole on 11:36am Fri 28 Mar 08
What a suprise no more communication.

when the previous press conference was cancelled I jokingly said bets on it not being re-arranged. Doesn't look like I was joking!!

I would vote NO if I was a season ticket holder, but as I'm not will continue to vote with my feet I'm afraid.

Saddens me a great deal as 25 years a Cherries fan and performances are improving (funny that as I'm sure a few players are now worried about the future), but I don't want to give Mostyn and Sly anymore of my hard earned cash.

Cue the 'you're not a true fan then' and comments from the M&S fan club :0)
Posted by: Carl Barron, Dorset on 12:04pm Fri 28 Mar 08
The Big Question should be:

Where has all the money gone , when one considers that (according to the ECHO) AFC Bournemouth otherwise The Cherries have only paid One Shilling a week to The Cooper Dean Estates for the use of this land?

If you can't run a business when your rent is One Shilling a week you don't deserve to run a football club.

Posted by: Carl Barron, Dorset on 12:08pm Fri 28 Mar 08
The Big Question should be:

Where has all the money gone,
when one considers that (according to the ECHO) AFC Bournemouth otherwise The Cherries have only paid One Shilling a week to The Cooper Dean Estates for the use of this land?

If you can't run a business when your rent is One Shilling a week you don't deserve to run a football club.
Posted by: alasdair, windsor/kosovo on 12:35pm Fri 28 Mar 08
does anyone know what further punishment the fa can give the club beyond a 15 point deduction if the cva fails ,i believe but may be wrong we could end up further relegated to the conference hope i am wrong but your views would be appreciated
Posted by: BobG, Bournemouth on 12:37pm Fri 28 Mar 08
Carl Barron wrote:
The Big Question should be: Where has all the money gone, when one considers that (according to the ECHO) AFC Bournemouth otherwise The Cherries have only paid One Shilling a week to The Cooper Dean Estates for the use of this land? If you can't run a business when your rent is One Shilling a week you don't deserve to run a football club.
I agree totally although since they sold the ground they are paying over £300k a year in rent to the new landlords.
Posted by: BobG, Bournemouth on 12:39pm Fri 28 Mar 08
Carl Barron wrote:
The Big Question should be: Where has all the money gone, when one considers that (according to the ECHO) AFC Bournemouth otherwise The Cherries have only paid One Shilling a week to The Cooper Dean Estates for the use of this land? If you can't run a business when your rent is One Shilling a week you don't deserve to run a football club.
I agree totally although since they sold the ground they are paying over £300k a year in rent to the new landlords.
Posted by: johnbrown, Bournemouth on 12:49pm Fri 28 Mar 08
clinkers, this is not a plea for Mostyn & Sly to communicate with us. It's a plea to communicate with the Echo.

"How Mostyn intends to communicate with other Cherries supporters, especially those who find modern technology challenging, remains to be seen."
This is another infamous Perrett veiled attack. If you want to check out others read any match report against Doncaster!

They want M&S to communicate, but only through the Echo. Heaven forbid the Supporters Trust getting the info and publishing before the local paper!!

On the UTC message board you've got fans complaining M&S plan to release details to the press first and on here the Echo are complaining that M&S are speaking to the ST first, all be it in a subtle manner.

There's so much politics around from all sides at the moment I fear for the future of AFC Bournemouth. There's scope for investigative journalism, but opinion pieces like this are not helping matters.
Posted by: Infowars.com, Dorset on 12:51pm Fri 28 Mar 08
This man Mostyn MUST be made very very aware that AFCB supporters want respect and honesty from this 'man'.
He has treated AFCB supporters with distain and disrespect from day one.
He has lied, then covered his lies with more lies, arranged meetings only to be cancelled, will not be open up on anything to do with AFCB.
It begs the question is he really interested in the football team, supporters and Bournemouth, more so considering he lives in Romsey which is nearer to Southampton.
This man is a successful businessman with his own Insurance business so why is he not using recognised business methods and communications to talk up AFCB?
Why is he so silent and avoiding supporters like the plaque?
Has he an ulterior motive for 'buying' AFCB and does he intend to buy back the ground?
The silence is deafening and I hope at the creditors meeting the vote to accept his proposals is also as silent as he is!
Posted by: johnbrown, Bournemouth on 12:54pm Fri 28 Mar 08
second, but shorter attempt!

clinkers, this isn't a plea for Mostyn & Sly to communicate, it's a plea to do it via the Echo, they're playing politics for their own interests.

"How Mostyn intends to communicate with other Cherries supporters, especially those who find modern technology challenging, remains to be seen."
A typical veiled attack from Perrett and if you want to see any more check out any recent match report Vs Donny.

It's not the lack of communication that worries them, it's the fact that communication is about to commence and the Echo won't be first to publish it.
Posted by: john coombes, Tiverton on 1:34pm Fri 28 Mar 08
as a shareholder and former season ticket holder I have not received my pack maybe because I have changed my address which I did notify the club at the time, I have requested the pack unless I know what the full story is it is impossible to make a decision, the failure of Mostyn to arrange and hold his promised press conference makes it very hard to have confidence in him, if he needs the support of the fans he must realise he must keep them informed
Posted by: Tel3977, Poole on 1:35pm Fri 28 Mar 08
Can't understand why you all expect M&S to talk to this excuse for a newspaper not fit to be in a toilet, and doesn't matter what they say we all have to read the continued rubbish that you all write,
Posted by: Infowars.com, Dorset on 3:06pm Fri 28 Mar 08
Tel3977 wrote:
Can't understand why you all expect M&S to talk to this excuse for a newspaper not fit to be in a toilet, and doesn't matter what they say we all have to read the continued rubbish that you all write,
So why you wasting your time then diddlelow?
Posted by: mike park, dorchester on 4:24pm Fri 28 Mar 08
Well now received one pack but surprise surprise neither myself or my wife are on the list of shareholders and she has'nt received anything.So I am assumming my pack relates to me being a S/ticket holder.God knows what state the data base for shareholders is in.
Posted by: kevvo, The dog house again on 5:19pm Fri 28 Mar 08
Tel3977 wrote:
Can't understand why you all expect M&S to talk to this excuse for a newspaper not fit to be in a toilet, and doesn't matter what they say we all have to read the continued rubbish that you all write,
Why on Earth do you read it then surely you are not forced to log on
Posted by: kevvo, The dog house again on 5:26pm Fri 28 Mar 08
lofty1971 wrote:
What a suprise no more communication. when the previous press conference was cancelled I jokingly said bets on it not being re-arranged. Doesn't look like I was joking!! I would vote NO if I was a season ticket holder, but as I'm not will continue to vote with my feet I'm afraid. Saddens me a great deal as 25 years a Cherries fan and performances are improving (funny that as I'm sure a few players are now worried about the future), but I don't want to give Mostyn and Sly anymore of my hard earned cash. Cue the 'you're not a true fan then' and comments from the M&S fan club :0)
Sadly I think you are right This Man has treated the Staff and Supporters with total contempt whilst at the same time looking after his friends namely the poor specimin of a manager and the fact he hasnt had the decency to re-scedule that press conferance suggest to me that he has something to hide. I was going to vote Yes but now I am convinceed that it would be bad for the Club and Mostyn has said or done nothing to make me think he is now going to look after the Club
Posted by: community servant, london town on 6:00pm Fri 28 Mar 08
no longer a season ticket holder (it just all got too much) but a shareholder I've no pack either. But I don't understand how it can be that a bid of £1m appears to be acceptable to Mr Krasner when he'd sought bids of £3m and had one of that sum made?

Anyone care to enlighten? Further, why sell the club to the pieman and spiv in any event?
Posted by: brianthesnail, poole on 7:38pm Fri 28 Mar 08
Also a shareholder and s/ticket holder not recived my pack, after seeing that people are getting them have e-mailed the football leauge to file a complant on how the club is being run and not sticking to football leauge rules. hope they do something cause no one else seems to do anything not even the echo want to upset the apple cart. SACK PERRETT!!!! U R C*** .
Posted by: anna, Poole on 7:42pm Fri 28 Mar 08
Creditor lists are amazing, stunning. When the Echo to covers this it won't be able to print fast enough.
Posted by: FletcherTheCat, The Sexy Beast on 8:58pm Fri 28 Mar 08
It's less quiet now.. http://www.courtoffs
ide.com/opencms/cour
toffside/articles/Me
etingJeffAndSteve
Posted by: MOLE, DORSET on 4:26pm Sat 29 Mar 08
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: CJR, Fleet on 5:28pm Sun 30 Mar 08
MOLE wrote:
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.
Your wrong again. Plenty of meetings in all walks of like are held one to one. Only if its a legally binding conversation which can still be signed of by both parties at a later date.
Posted by: MOLE, DORSET on 11:04am Mon 31 Mar 08
CJR wrote:
MOLE wrote: 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.
Your wrong again. Plenty of meetings in all walks of like are held one to one. Only if its a legally binding conversation which can still be signed of by both parties at a later date.
Sorry CJR but you are so incorrect! Maybe you are a friend of the culprit.
I have been in business for over 40 years and know that at a meeting as important as this where eventually millions of pounds are involved, the individual could sway votes inappropriately. What does anyone know was said in that meeting without a witness for the AFCB Trust?
This may have been an oversight on the representative’s part, it may have been all above board, but he has opened himself up to suspicion and therefore should resign.
Posted by: MOLE, DORSET on 11:06am Mon 31 Mar 08
CJR wrote:
MOLE wrote: 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.
Your wrong again. Plenty of meetings in all walks of like are held one to one. Only if its a legally binding conversation which can still be signed of by both parties at a later date.
Sorry CJR but you are so incorrect! Maybe you are a friend of the culprit.
I have been in business for over 40 years and know that at a meeting as important as this where eventually millions of pounds are involved, the individual could sway votes inappropriately. What does anyone know was said in that meeting without a witness for the AFCB Trust?
This may have been an oversight on the representative’s part, it may have been all above board, but he has opened himself up to suspicion and therefore should resign.
Posted by: bassmankang, poole on 2:33pm Mon 31 Mar 08
Could it be a case of Sly by name and Sly by nature...?
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