Flyer

Admin makes the club more attractive to buyers. If Saints werent in admin, they would have zero chance of a buyer. In fact, they went into admin too late. If it happened a month earlier, it would have meant a month longer to find a buyer and starting next season on 0 points instead of -10.

Cap the wages, cap the prices and have a maximum squad of 25 players available to play. U20s dont count as part of that squad so teams can still develop youth. Look at Middlesboro, they had a must win game to give them a chance of staying up, there was thousands of empty seats, complete rows of them. The bosman ruling started this, rather than pay £5m for a player and keep that money in the game. The club will get him on a free and massively increase that players wages so the money goes to him and his agent. The club losing the player gets nothing and has to recover the money elsewhere, usually ticket prices. You can go to watch Bayern for £10, its disgusting the prices we have to pay. Something is wrong, but unless it affects the top league clubs, it will never be fixed.

If hes renting it out, I can see Pompey there for a year or two if their new stadium ever gets built.

So who then decides what to do with SFC when it has no shares or owners? The administrator.

If SLH are liquidated, Fry will be administrating SFC directly. The deduction is then nailed on.

99% hoofball, even more physical than the CCC. They make Derby and Watford look like Man U and Arsenal. The refs are also worse too.

That just sums up so many professional footballers. I do know of one footballer who was on less than 5k who donated 250k to his club after he was sold to help with the debt. It can happen but its very rare.

Not true, other clubs still have to pay a fee for under 24s if they have been offered improved terms by their original club.

Well Stockports administrators have just made their manager redundant and arent allowed to employ another one for 6 months. They are in a lot more trouble than just relegation or a points deduction.

An equivalent to a top 6 finish is needed as the top 6 clubs in L1 last season would have stayed up even with a -27 deduction which is what I think the club gets if a CVA isnt agreed.

Telegraph said it was a 3rd party, ie someone wanting to start AFC Southampton if the club is wound up.

Yeah but wasnt that sold out before the Norwich game on Monday, when the tickets were bought, Forest were still in danger of relegation but Norwich's Monday loss meant they were safe anyway.

Still, the fact is Saints approved the rule penalising clubs with the points carrying over next season and allowing the FL to deduct points if they go into anything akin to admin. I hate the idea on any points penalty but it had to come in when clubs decided to cheat the system. Its a necessary evil.

So why did Saints and nearly all the other clubs vote to have that rule bought in? Only QPR and Leeds voted against it. A team has no right to complain or feel hard done by due to a rule that they approved themselves.

Its nearer £2m, they paid 200k for the loan and by most accounts £1.8m to £2m to complete to move. He asked for over 20k/week and Flav went nuts.

The rules allow them to do it if anything akin to the the club being put in administration happens. Clearly putting the holding company in admin is trying to wipe out some football debt because thats all it deals with.

Exactly, the rules have been followed to the letter. Carrying over the deduction only applies to relegated teams.

You must be suicidal reading alpines posts then. Thats my 3 for the day, you can rest easy now.

We were bought by Flav alone, Bernie came later and then Mittal. But the fact is Flav had enough money to buy the club by himself. As for the Property developers. The ground isnt worth much so are they looking at Staplewood and the farm and then moving on or is it a coincidence they are in that business?

So its Souness or 2 lots of property developers. The fact that they are consortiums even with the club valued so low mean they dont have much money to spend.

So are the incomings in ticket sales and future player sales. They offset each other. The only way I see Saints becoming viable is if the PL2 happens and Saints are invited into that or a billionaire gets involved. Otherwise I just see them lurching from one disaster to the next if a group of local businessmen take over.

Arent Saints losing about £8m a season? Best case scenario is 3 years to Prem. Thats 24m in losses without improving the team, plus the 6m debt, £30m before you touch the squad. I think it would cost over £50m to get Saints back in the Prem. Which is the reason why I dont see anyone but a Saints fan buying the club, no business man in their right mind would do that.

It does apply and if any money is owed to the tax man, a further 17 points will be taken off next season.

Yes, every other club thats got it, its to stop relegated clubs from having no penalty at all (because they are already relegated) and going into admin during the last game of the season. Saints had the option to take it this season but they refused it, they had the option to wait a couple of weeks and take the hit on next season, he cant blame the league for that. He can blame the people who thought the points penalty wouldnt apply. TBH, he has no clue at all. Id expect him to understand the rules and know why they are there.

No, their rules state they can do exactly as they have. Rule F that was posted here. They can take off points if for all purposes, they club is in admin without being legally in admin and that is exactly the case here. At the very best, Saints would come out of it with more points knocked off, at the worst, they be relegated again or thrown out of the league.