saints triumph

If only

Nor is masturbation, that dosn't rule you out.

more like red herring

more like red herring

I would like a copy of that email. As you are not a full member I can't send you a PM with my email address on.

I agree. We can't have pre season matches wihout a manager, and as we can't get a new guy in yet he will do for now.

Fair play for trying to get us out of the ****. As your involvment is over, spill the beans on what the issues were with the FL, that you stated was the reason deal collapsed. We know about the no appeal con.

More often than not a 4

Sorry to say no

Southampton relegated by insolvency ruling By Soccernet staff April 23, 2009 Comment Email Print Southampton were effectively relegated from the Championship on Thursday when the Football League docked the club 10 points for breaking their insolvency rules. DanielHambury/Empics Southampton's fate has now been sealed Should Saints finish outside the bottom three they will have the points deducted this season, which will place them back inside the relegation zone and thus consign them to League One next season. However, if they are relegated conventionally at the end of the season the 10 points will be taken off at the start of next season with the former Premier League outfit in the third tier of English football for the first time in 50 years. They are currently four points adrift of safety with a poor goal difference and just two games left, meaning it is most likely they will begin 2009-10 on minus 10. The club's parent company, Southampton Leisure Holdings plc, went into administration a few weeks ago but it was felt a penalty could be avoided as Football League rules apply to clubs rather than their associated companies. However, the Football League were concerned at the link between Southampton Leisure Holdings and Southampton Football club and ordered a financial review before deciding whether to impose a 10-point penalty. The review concluded that the entirety of the income streams for the holding company came directly from the Football Club, and as such there could be no doubt that the two are "inextricably linked as one economic entity'', and that the 10-point deduction should be applied. The 1976 FA Cup winners dropped out of the Premier League in 2005 after a 27-year stay in the top flight. The Football League said on it's website: "The report, by Grant Thornton, set out in detail the various inter-relationships between the four different group companies at Southampton Leisure Holdings Plc (the Holding Company). "The conclusions were based both on the content of the annual accounts published by the Holding Company, which include the Club, and other information made available to Grant Thornton as part of their enquiries. The Board noted that Grant Thornton reported that toward the end of their enquiries co-operation with them was withdrawn. "The report concluded, among other things, that: 1.The Holding Company has no income of its own; all revenue and expenditure is derived from the operation of Southampton Football Club Limited (SFC) and the associated stadium company. "2.The Holding company is solvent in its own right. It only becomes insolvent when account is taken of the position of SFC and the other group companies. "3.The three entities (the Holding Company, SFC and the stadium company) comprise the football club and they are inextricably linked as one economic entity. "In light of all this advice, the Board concluded that an administrator had been appointed in respect of the Club or part of its undertaking or assets. Accordingly, it was left with no alternative other than to invoke its 'Sporting Sanctions' regulations and apply a 10 point penalty to the Club. The other provisions of The League's insolvency policy also become effective. "As the insolvency event occurred after The Football League's deadline of the fourth Thursday in March, the points deduction will take effect either: 1.In the current season, if Southampton avoid relegation to League 1; 2.next season, if the club does not avoid relegation." Southampton are likely to appeal against the decision, meaning further uncertainty towards the end of a turbulent season for the club both on and off the field. A statement from the club read: ''The administrators and the club were informed of the League's intention to issue a release on the findings of the independent forensic report five minutes before its publication, leaving no time for consultation and to inform fans, players and staff. ''We are of the opinion that an incorrect conclusion has been reached. The football regulations do not apply to the circumstances surrounding Southampton Football Club.'' Saints also refuted the Football League's claim they withdrew their co-operation towards the investigation. The statement concluded: ''Both the club and the administrators are now considering their positions and expect to launch an appeal.'' Football League chairman Lord Mawhinney acknowledged the club do have the right to appeal. Speaking on Sky Sports News, he said: ''There is an appeal mechanism and it's up to Southampton to decide whether they want to appeal and on what basis.'' He added: ''(The decision) wasn't inevitable, we commissioned forensic accountants to look at the situation. They gave us their report, they drew our attention to the holding company's annual report and we got external legal advice. ''The weight of all three of those made it clear that the club's affairs were inextricably linked to the holding company and, as a consequence, we took the view that an administrator had been appointed relating to the club and therefore we had no choice under our regulations but to apply the sporting sanctions. ''I have sympathy for the fans but the fans know as well as the rest of us that this has not been a shining example of football management. We have had changes and tension at board level and so the fans have had a difficult time. ''I can't imagine there is a Southampton fan in the world who welcomes this decision but the job of the Football League Board is to protect the integrity of the competition and that is what we have done.'' This bit is interesting Football League chairman Lord Mawhinney acknowledged the club do have the right to appeal. Speaking on Sky Sports News, he said: ''There is an appeal mechanism and it's up to Southampton to decide whether they want to appeal and on what basis.''

Would be a big buzz for us. Will bring 99.9% of fans back, united. The best bit for me is that the guys involved with our takeover, have been in disscussions with KK, which in turn means things are happening. The feel good factor is coming to SOUTHAMPTON soon.

yes

Like it

Plume

I sense a little light at the end of a very long tunnel. My fingers are firmly cossed

I went to the day event and thought all the groups that I saw were superb. They all worked their butts off even though there was a crap turn out. I would willingly pay to watch that event again even if it wasn't Saints related. There were different genres of music, something to suit most peoples taste. I must thank the organisors again for a very profesional event. Well done and thanks.

Tim a very well written and heartfelt post thet I can empathise with. We are now in the same situation as the ****s down the road, in as much we are both at the same stage in takeover stakes ie. exclusivity. The amounts involved may well be higher, but I am happy that the guys behind our takeover appear have a love for our club and not a limp erection (spinaker tower )

My feelings too, it is the most you can expect ay this moment in time, so far so good. I will have a beer or two tonight, but keep the champagne on ice.

I stated to my mates 3 months ago that in the event there was no SOUTHAMPTON FC I could not support another english team. That being the case I could choose any team I wanted regardless of where I live, much like your plastic mancs. Therefore I chose to support F C Barcelona. What a good decision that has turned out to be. One thing different to those plastics mancs I mentioned is, I will go to watch at least 1 game a season. Sun sea and sangria. But I truely believe that there will be a SOUTHAMPTON FC next year so all the above is hyperfecticle or how ever that is spelt. SO COME ON fry SORT THIS BLOODY MESS OUT please.

Much respect and thanks to the guys that help put this event on. Total shame on the knobs that posted all there negative crap on the echo site. The Itchen concourse was an ideal venue for the gig. Shame there wasn't more there as they missed a brilliant and well set up gig. The sound quality was awsome, as were the bands. Will post a link to some videos I took later when I have time.

Singer is spot on

Does anyone know?

Mark Fry has said on more than one occasion that he is only administrator for SLH and not the football club. This being the case the football board will be sorting out players contracts, season tickets prices and the day to day running of the club, who is on the football board.

I will buy a home programme for the first time in over 20 years. Sorry if that is the cause of our current predicament.