Names of Plymouth Argyle 'investors' revealed by national newspaper

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Tuesday, July 27, 2010
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This is Devon

THE identities of the individuals investing in Plymouth Argyle with a loan to the club has been revealed by a national newspaper.

Writing in the Digger column, The Guardian has unveiled a list of names of 'high-net-worth individuals' behind the loan to Plymouth Argyle, administered through Mastpoint.

Mastpoint is supporting the club with a seven-figure loan from a number of investors, some of whose names are revaled in The Guardian today.

The list includes bankers Bernard Taylor, Russell Chambers, David Rowe and Richard Metcalf as well as Rob Lucas, managing partner at CVC Capital Partners.

Larry Hirst, the chairman of IBM Europe, and Eddie O'Connor, the founder of Mainstream Renewable Energy are also on the list with Donald McGarva, the head of DHL Asia's logistics operation, insurance magnates Peter Wood and Joe Plumeri and PR executive Roland Rudd.

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    by zorba the green, plymouth

    Tuesday, July 27 2010, 8:38PM

    “Sadly it is obvious that the present board and shareholders have no interest in Plymouth Argyle FC. Other than buying their shares they have not invested any real money in the team. Any money going into the club is interest bearing loans to pay of debts; it does not bode well for Plymouth Argyle FC. All this board are interested in is the profits to be made from owning the ground and the property speculation that will bring them rich rewards. The way it is all going we will end up in the conference league. Paul Stapleton you should hang your head in shame selling the club short. To such a rabble”

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    by Tom, Plymuff

    Tuesday, July 27 2010, 5:13PM

    “COYG, I do not believe Sir Roy Gardener was brought into Man Utd for 'Christs sake'. I believe a lot of other people will agree with me - You obviously do not know what you are talking about. It's like saying Peter Reid was appointed the new manager of Argyle to save mankind - Utter rubbish.”

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    by Phil, Plymouth

    Tuesday, July 27 2010, 3:35PM

    “To get up to the premiership we first need some decent footballers, time some money was spent to get them down this part of the country, and give the loyal fans have something to celebrate.”

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    by TERRY, Plymouth

    Tuesday, July 27 2010, 3:05PM

    “All PAFC Fans want is a successful club and a good manager. We have the manager but I just wish the so called 'backers' would come clean and state exactly what the future holds for Plymouth. 5 years to get to the Premiership, not at this rate. If that is the case why all the cutbacks when there is supposed to be all the money in the pot.

    Just a last point, I haven't heard much from the foreign investors nor the 'International' players that are supposed to be arriving at PAFC.

    Yes I am an Argyle fan and have been for 60 years.”

  • Profile image for This is Devon

    by Iggy, Plymouth

    Tuesday, July 27 2010, 1:15PM

    “Josh, have you read how Sir Roy sold out Manchester United? If not I suggest you do your homework and you'll see that Sir Roy isn't exactly a favourite of the Manchester United fans.

    Unfortunately Josh, if we're wound up it'll be too late for you to eat your words.

    Who paid for the pitch, the club or the Holding Company that will soon be owning the stadium, including the pitch?”

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    by Josh, Wilts/Plym

    Tuesday, July 27 2010, 12:56PM

    “I think WE the argyle faithful should have just a little bit more faith in Sir Roy Gardener and Keith Todd.
    Sir Roy was once the chairman of Manchester United for christ sake's....he has brought in high net worth individuals who bankroll the club.

    He, surprise suprise, knows what he is doing. If we go into administration and are wound up i'll be the first to eat my words, but when we get promoted at the end of this season I'm sure the'll be plenty of comments sayin "how we back on the right path" and talk of the new stadium expansion.

    Keep the Faith.

    COYG”

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    by Davy, Mayflower Stand - Cheap Area

    Tuesday, July 27 2010, 12:46PM

    “Ag? Right on. It's a business first football team second.

    Yes I'm an argyle fan

    ;)”

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    by David, Plymouth

    Tuesday, July 27 2010, 12:36PM

    “Ag - You are obviously not a PAFC fan as any real fan would say WE would not have a club.

    No-one expects people to invest in clubs for no return but these guys are looking to completely asst-strip the club.”

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    by Steve, Plymouth

    Tuesday, July 27 2010, 11:29AM

    “What do you mean we would not have a club without these people what a silly comment Ag think before you speak please and don't get suckered into the rubbish these peoples are feeding you, they are stripping this club of everything it had and taking all the money for themselves.”

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    by JL, Plymouth

    Tuesday, July 27 2010, 11:20AM

    “Ag, you're quite right, Stapes made a hell of a mess of the club and then brought in these developers just to add to the fiasco, but don't allow the facts to blur your opinion.

    BTW, these developers don't turn up to support the club, they only turn up for meetings regarding the Holding Company, says it all really.”

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