aintforever

Storm in a tea cup IMO, no point being melodramatic about it.

Well done mate, true Saint.

Since when has our bank account been frozen? I was under the impression it was Barclays who put the current administrators in control, I'm sure they will give them more leeway than Lowe with regards to the overdraft. What exactly would Barclays have to gain through having the club die?

If we get brought out by people looking to invest then, even with -10, we will be in a better situation than if Lowe and the PLC were still here.

Wouldn't make any difference, if we start next year on zero, despite finishing in the bottom 3, it would open a can of worms with every team in League 1. We will be on -10 next season, -25 if no CVA is agreed in time.

Can someone explain what Barclays/Aviva have to gain through forcing liquidation? How much would they get if the club was liquidated? SMS is worthless as anything other than a football stadium, the council have made it pretty clear that is all it will ever be used for. As long as there is 15-20 thousand people willing to pay £20 a go to watch a game of football there, surely it makes it worthwhile for the bank to keep the club running? Also if we are that close to liquidation why not flog that farmland, Staplewood or the academy?

Just explain the lies, it's least you owe us you ****.

Wether they believed there was a loophole or not makes no difference at all, the same loophole would have applied before the deadline, only the potential outcome nowhere near as bad. Wether we were good enough to stay up or not makes no difference when you take 10 points off. The financial situation didn't change that much from the 26th March to the 2nd April so admin was going to happen even if we played like Brazil. there is no excuse for how Lowe has ****ed up the club, either he did it on purpose or he was criminally negligent.

We missed the deadline by 1 week, Lowe either did it on purpose or made a schoolboy error.

Bringing in Wotton, Perry, Cork, Holmes, Pearce, Gasmi, Forecast, Pulis, Peckhart, Robertson, Smith, Scheiderlin, Molyneaux, Saeijs and Liptack would suggest otherwise.

I think they got more because they have been in administration before.

I dispair as to why Lowe didn't do it just a few days before, 6 ****ing days earlier and we wouldn't have to right off a whole season. Stupid ****ing ****.

Does anyone know, if we are so close to folding, why havn't we flogged that bloody farm, or Staplewood? Those computerised eye gyms Woodward put in must be worth a bit. I don't see why I should stump up any cash when the club has plenty of stuff to flog.

Surely the club could flog the farm, Staplewood, academy etc instead of folding?

The administrator will accept the bid that offers the most money, if that is a bunch of fans with buckets then there is obviously no other credible bids out there - hence it being a last resort.

I see the usual plebs are moaning. Of course it's far from ideal but if it's a choice between no club or a club run by a trust it's hardly a choice is it? lets hope they can organise something that may save the club just in case. All true Saints fans should want this as well.

Why would we fold when every other club that has gone into admin has just carried on playing as normal?

Oh when the Saints go Johnstone's Paint.

Are you watching Yeovil Town.

I'm sorry but Lowe has been shooting his gob of in every media under the sun, all he has done is point the finger of blame.

That is rubbish good news.

How does blowing 1mill euros on an untried French kid fit in with that?

Pearson was a rookie when we appointed him, which made how well he did with us the more impressive, which made Lowe's sacking of him all the more crazy.

Managers salary is always pretty small in comparison to players. Any saving you make on salary would be wiped out with just 1 poor signing (Scheiderlin, Gasmi, Peckhart, Pulis, Molyneux....) anyway so hiring a a manger because they are cheap will never be cost effective. Congratulations have to go to Lowe though, he has achieved the impossible - he's made Mad Milan look like a shrewd judge of manager.

Awful idea, would be the final nail in the coffin for many League 1 & 2 clubs, like us. If this happens I will just not bother with football anymore, Sky's money has ****ing ruined it enough, this will just be the final straw.