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.....to dump the shares in Rochdale Football Club that his clients Andrew Curran and Darrell Rose don't yet legally own at £6 a share!
Here's the thing folks.
Young Jarvis has set all of this up on a bit of a flyer.
Back in early May, Alexander Jarvis is claiming in leaked emails that Alexander Jarvis met with former CEO David Bottomley with regard to a takeover of the club.
David Bottomley openly admitted in public interveiws available on YouTube that he wanted an outside investor and a training ground for Dale and was prepared to compromise the integrity 100 years of league football to do that and so that he could be a part of a club that owned its own training ground.
Jarvis wanted to do a deal - any deal he could given quite a poor track record of failing with a number of football clubs where he was the nearly man.
Here's the first bit of humour. Jarvis reckoned he was so much brighter than most at the club he was bragging about it to quite a lot of people. Jarvis believed that those running the club doesn't really understand business and that he'd be able to be used and moulded to what Jarvis wanted and then tossed aside.
At the Swindon game on 13th April, the one with the protest, a secret behind closed doors beauty parade was held. Andy Curran was in the building that night.
Rochdale were relegated vs Doncaster and (as witnesses have noted) the champagne was opened. Relegated and hopeless under BBM a takeover would now be seen as a positive if Rochdale wanted to "survive"
Bottomley and Rawlinson were removed democratically at an EGM on 1 June 2021 by a Trust motion in line delivered in line with the Companies Act.
Jarvis persevered. Opportunists always do.
A deal was verbally done for Andrew Kilpatrick's shares. Jarvis arranged an Non Disclosure Agreement - "NDA" with Kilpatrick and a power of attorney so that he could control the 110,000 shares. Roughly 22% of the club.
Similarly Jarvis then reached across the pond to the United States of America and did the same trick with Dan Altman and Emre Marcelli. Two more NDAs, two more powers of attorney and hey presto another 74,685 shares. Roughly 14% of the club with that transaction and now 36% of the club all in.
This is easy pickings thought Jarvis and armed with both a list of shareholders and their contact details, David Bottomley's pre-AGM presentation and other information sourced from his relationship with the former CEO, he set about trying to secure a further 14% of shares. Alexander Jarvis has emailed David Bottomley's private shareholder presentation to external parties which does make you question how Alexander Jarvis got hold of it? I am sure that these emails from Alexander Jarvis could be reproduced in the public domain if required.
Curran and Rose were persuaded by Jarvis to then move their funds to a law firm; Gateley PLC and Gateley PLC were given the job of rounding up all of the documents for Kilpatrick, Altman and Marcelli and writing them in such a way that meant the payment was completely conditional on getting control of the club.
Gateley PLC were asked to advises on a range of corporate matters, including the acquisition and general corporate governance matters. The money still sits in their hands and hasn't move as the deal hasn't moved as Jarvis wanted.
Now, we all then know that Jarvis makes a big mistake and lets the cat out of the bag. His Blackbridge Sports email address is compromised and in the process he manages to loses a lot of his own data - ironic really that having been handed the private email addresses and phone numbers of certain shareholders, which he used to make emails as calls, he makes the rookie error of leaving his data unprotected.
The breach exposed Curran and Rose and all they had previously kept secret.
Meanwhile in London, Andrew Kilpatrick is saying "Where is my money Alex?"
In the USA, Dan Altman and Emre Marcelli are asking "When will we complete and get paid Alex?"
Jarvis tells them some cock and bull story about "the next few days" and from that bedlam ensues with the EFL. Rochdale fans are called "small minded" and "nancy boys" by one of the buying party and Jarvis has to backtrack in the Daily Telegraph.
The upshot is, the Curran and Rose have been committed to nearly £1m of purchases that they can't get out of but they don't want to make those purchases unless they can guarantee control.
They are exposed financially and they can't simply withdraw than money back out of Gateley PLC.
They've gone from being really keen to buy the club to being really keen to not buy the club.
Andy Curran isn't answering his phone anymore, Alex Jarvis has not go a lot of friends left as between people at the club, Curran and Rose no one has got what they have wanted.
So tonight, if you want to buy Rochdale shares from Jarvis you can do so for the sum of £6 a share.
Jarvis is now a seller not a buyer because, if he doesn't complete the purchases of Kilpatrick, Altman and Marcelli then they will sue him and sue Curran and Rose for what is known legally as "specific performance" or in English - pay me what I am owed.
The last thing that Darrell Rose and Andrew Curran want is to turn up in the High Court being sued by Kilpatrick, Altman and Marcelli.
The second last thing they want is to sink a cool million quid into a minority shareholding of a well organised, well run and well mobilised club where virtually every supporter knows forensic details about them that are in the public domain. Supporters invariably have long memories.
So too do the folks at HMRC, various landlords of rental properties that have rent owning and anyone who wants to type their names into Google, including the EFL and quite a lot of Swindon Town fans!
Add into that a sprinkling of a cast of characters, Kelly Curran, Taylor Curran, Denise Valarie Courtnell, Oliver Rose, Faical Safouane, Mark Farrugia and many more and the whole thing is completely in the public domain.
At £6 a share Jarvis is trying to save face and his skin and make his clients a 20% return in order to pay Gateley PLC's not insubstantial legal fees.
Practically those shares are all worthless because there is no market for them.
And the best bit - Alex Jarvis is the one who has breached his own NDA's. Andrew Kilpatrick and Dan Altman will be FUMING to find out that that we know that they would sell the club down the river.
You really could not make this up! Or could you?!
Next up for Dale - Scunthorpe United (H). Next up for Jarvis - Essex (A)
[Post edited 13 Aug 2021 19:55]
George Bernard Shaw had it right:
"He who can does; he who cannot, teaches."
https://www.visittheusa.co.uk/
ALEXANDER JARVIS IS NOW TRYING...... on 07:26 - May 15 by Zac_B
And now his Instagram account is private.
I wonder if he has taken the time to make sure he knows who each of his 503 followers are.
What is it with these people? Deleting years worth of tweets, hiding profiles, emigrating. You'd be forgiven for thinking they have something to hide.
Fleeing the country with a strike off petition against Blackbridge Cross Borders Ltd being reviewed, and questions swirling about the use of furlough within his other company Blackbridge Sports Limited. That company wouldn't have been claiming furlough whilst its employees were working on a hostile takeover of RAFC would it?
More questions than answers. Again.
1
ALEXANDER JARVIS IS NOW TRYING...... on 13:08 - May 15 with 1105 views
ALEXANDER JARVIS IS NOW TRYING...... on 12:27 - May 15 by HullDale
I wonder if he has taken the time to make sure he knows who each of his 503 followers are.
What is it with these people? Deleting years worth of tweets, hiding profiles, emigrating. You'd be forgiven for thinking they have something to hide.
Fleeing the country with a strike off petition against Blackbridge Cross Borders Ltd being reviewed, and questions swirling about the use of furlough within his other company Blackbridge Sports Limited. That company wouldn't have been claiming furlough whilst its employees were working on a hostile takeover of RAFC would it?
More questions than answers. Again.
Sadly, Jarvis will be pursued for a long time by multiple parties, not just fans of RAFC
His ineptitude has seen a chain of events which have openly exposed Morton House, linked it to Village Energy and linked all of that to Andrew Curran and Matthew Southall.
HMRC are refusing to strike off Jarvis' companies, taking a good detailed look at Morton House and what it did to stop £1.8m of Village Energy's cash go missing whilst it's owner was Morton House and are also intervening in Jade Mcmanus' attempted strike off of a company.
He's potentially the biggest asset that HMRC and the police have.
George Bernard Shaw had it right:
"He who can does; he who cannot, teaches."
https://www.visittheusa.co.uk/