Edd Moore
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edd13moore.bsky.social
Edd Moore
@edd13moore.bsky.social
Journalist, Argyle fan, punk. Audience and Content Director for the South West, Reach plc. Views obviously mine and all that.
I remember this well and speaking to you at the time Andy 👏 “Nervous laughter”!
June 21, 2025 at 7:36 AM
Some have accused Hallett of being too picky about who he allows to invest in the club; the saga that almost drove Argyle out of existence in 2011 shows why he is absolutely right to be
June 20, 2025 at 1:04 PM
Hallett is under similar pressure today and has always been clear that his resources can only take Argyle so far. He is also acutely aware of the responsibility he has in choosing the next custodians of the club
June 20, 2025 at 1:04 PM
Argyle’s local owners backed the wrong horse when they came under pressure from fans to seek investors who could take the club to the next level in the noughties
June 20, 2025 at 1:04 PM
Argyle’s Japanese misadventure being highlighted in Parliament all these years later is a sobering reminder of what can happen when the wrong people are allowed
June 20, 2025 at 1:04 PM
But secrecy over the individuals and money behind the consortium, a seemingly deliberate leak to the press and its use of Bale as a front must raise alarm bells with fans
June 20, 2025 at 1:04 PM
There are numerous examples of very good foreign investors in the Football League - including several from the US - and there may well be perfectly reasonable grounds for the group in current talks with Argyle to stay anonymous for now
June 20, 2025 at 1:04 PM
It would be unfair to lay the blame for Argyle’s 2011 collapse solely at the feet of Kagami and Synan - or ‘foreign investors’ more generally. Others played equally damaging roles in the club’s demise (that’s another story for another day)
June 20, 2025 at 1:04 PM
Lib Dem Cameron Thomas warned MPs debating football governance reforms that clubs “should never become cash cows for vultures such as Kagami and Synan” as moves to introduce an independent regulator recently took a step forward
www.plymouthherald.co.uk/sport/footba...
Plymouth Argyle ex-investors labelled "vultures" amid takeover talk
'English football clubs such as Argyle should never become cash cows for vultures'
www.plymouthherald.co.uk
June 20, 2025 at 1:04 PM
It seems timely that as foreign investors circle the club again - this time in the form of an anonymous US private equity group who have seen fit to use Gareth Bale as a public frontman - Argyle’s darkest days were recounted in Parliament
June 20, 2025 at 1:04 PM
It took 13 years and a brush with relegation out of the Football League for Argyle to return to the Championship, now in the safe hands of current owner Simon Hallett, who has put financial sustainability and community at the heart of the club
June 20, 2025 at 1:04 PM
In 2011 Argyle went bust. They were relegated from the Championship and spent 8 months in administration before finally being rescued from what seemed certain extinction by local businessman James Brent
June 20, 2025 at 1:04 PM
Unpaid tax bills, transfer embargoes and chronic failure to pay its staff and players followed as the club’s finances spiralled out of control. Kagami and Synan promised £2m to keep the club afloat, then went AWOL
June 20, 2025 at 1:04 PM
Emile Mpenza arrived at Home Park but the £3m did not. Over the course of the next couple of years the club over-spent and under-performed while its largely absent board were seduced, and then distracted, by a pipe dream of hosting World Cup football at Home Park
June 20, 2025 at 1:04 PM
It took them a few months to visit the city but they plotted Argyle’s ascent over fish and chips at Platters and some drinks at The Three Crowns with Synan declaring: “The more positive everybody is, the sooner we’ll get into the Premiership” (spoiler alert: it didn’t work out)
June 20, 2025 at 1:04 PM
In 2008 Kagami bought 20% of the football club and promised £3m to buy the players Argyle would need to get to the Premier League. He later upped his stake to 38%, making him the club’s single biggest shareholder
June 20, 2025 at 1:04 PM
Kagami was a food importer who dabbled in property development. His right-hand man, Synan, was an American who ran coffee shops and restaurants. They had a shared passion for “soccer” - specifically Yokohama FC - but had never even been to Plymouth
June 20, 2025 at 1:04 PM
Back in 2006 a chance meeting between Kagami and an Argyle fan in the Far East led to the Tokyo businessman being talked into investing in an English football club he knew nothing about
June 20, 2025 at 1:04 PM
This was a bit of a mad game all round, in fact. Here's the story behind it - thanks to an excellent @chriserrington1.bsky.social match report (which you can read its original form here too) that's helped refreshed the memory
www.plymouthherald.co.uk/sport/footba...
The unglamorous meeting between Gareth Bale and Plymouth Argyle
It was not a classic
www.plymouthherald.co.uk
June 16, 2025 at 7:42 PM