Fallon: I'm not involved in new Totton takeover move

Daily Echo: JIM FALLON JIM FALLON

JIM Fallon insists he has nothing to do with Testwood Park Limited.

But he admits that if TPL’s proposed financial investment in AFC Totton is accepted, it would not only throw the debt-plagued Southern Premier club a lifeline, it would enable Fallon’s businesses/business associates to get back the money he alleges they are owed by the Stags.

Fallon himself says he is owed just short of £43,000 after Totton “reneged” on a sponsorship deal with his company Beaumont Water Heaters in 2011/2012.

He also claims that members of a five-strong consortium, led by then club vice-chairman Calvin Caunter, went to great expense setting up a company and drawing up a lease agreement with AFC Totton last summer, only for the Stags to change their minds about changing from a members’ club to a limited company.

Through another of his companies, JPF Silgo Limited, Fallon now claims to have purchased AFC Totton’s loan from Greene King Brewery for £47,000, although the Stags are challenging his legal right to do so.

Totton have also flagged up to the FA that Testwood Park Ltd’s (TPL) latest proposal to take control of the club/facilities was sent via Fallon’s email address – even though he is currently serving a three-year FA ban.

Fallon clarified: “It wasn’t me who wrote and sent that email, it was Jacqui Goddard, a director of JPF Silgo Ltd, who sat at my computer with (fellow TPL directors) Ed Holmes and Sam Davies. “Mr Straker (Totton chairman Andy Straker) thought it was clever reporting me to the FA, but the FA then wrote to me asking for supporting information on the £43,000 I’m owed. I furnished them with details of the money paid out and told them I would be purchasing the brewery debt.

“I appreciate Totton are struggling to make ends meet but, at the end of the day, we are creditors.

“When I was at Totton they asked if I would pay players’ wages, expenses and the cost of running certain aspects of the club.

“We paid up front for sponsorship, but then the kit carrying the ‘Beaumont’ name was destroyed in a laundry fire and it (Beaumont’s name) didn’t get replaced which was a clear breach of contract.”

Despite the ill-feeling, Fallon says he wants AFC Totton to flourish as a community club and believes Straker and the executive committee should listen to what TPL are proposing. “TPL would take on the responsibility and the running costs, but Totton would still own it. Surely that’s the sensible thing to do,” he said. “Commercially, they can’t operate the club and there’s no shame in that. People make mistakes, but they should hold their hands up and admit they need help.

“That facility was developed for the supporters of AFC Totton and the local community and all TPL want to do is ensure it remains in trust and is ring-fenced so no one can touch it.

“I’ve got nothing to do with TPL, I’m too busy running my own businesses, but I’m a director and shareholder of JPF Silgo and we’ll do all we can to pursue the debt.

“If AFC Totton can’t pay us back, let someone come in and manage it commercially and we can take back what we’re owed from that profit.

“They’re nice people at Totton, but they’ve got no business or commercial acumen and they need to wake up and smell the coffee – and quick.

“If they think selling the crown jewels (to Totton College) is the answer, it’s not.”

Comments (2)

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12:50pm Fri 10 Jan 14

Hotsy373 says...

But what would be his motivation for purchasing the debt from Greene King? Why is that not explained? I think we all know why but would Greene King sink to such depths and assist in the demise of a super football club. Perhaps the Echo should ask for Greene King to comment. In the meantime, their products should be avoided, in my opinion.
But what would be his motivation for purchasing the debt from Greene King? Why is that not explained? I think we all know why but would Greene King sink to such depths and assist in the demise of a super football club. Perhaps the Echo should ask for Greene King to comment. In the meantime, their products should be avoided, in my opinion. Hotsy373

1:19pm Fri 10 Jan 14

Hotsy373 says...

Hotsy373 wrote:
But what would be his motivation for purchasing the debt from Greene King? Why is that not explained? I think we all know why but would Greene King sink to such depths and assist in the demise of a super football club. Perhaps the Echo should ask for Greene King to comment. In the meantime, their products should be avoided, in my opinion.
Having now had matters clarified I'll be trying one of their beers as soon as possible. As always, there are 2 sides to every story.
[quote][p][bold]Hotsy373[/bold] wrote: But what would be his motivation for purchasing the debt from Greene King? Why is that not explained? I think we all know why but would Greene King sink to such depths and assist in the demise of a super football club. Perhaps the Echo should ask for Greene King to comment. In the meantime, their products should be avoided, in my opinion.[/p][/quote]Having now had matters clarified I'll be trying one of their beers as soon as possible. As always, there are 2 sides to every story. Hotsy373

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