SaintRichmond Posted 23 June, 2009 Posted 23 June, 2009 (edited) Why? TL has stated most clealy that he is on the verge of signing the documents once the last few details have been clarified how have we gone from that is the space of a few hours to the blue square? Because, now that Pinnacle have had it categorically said to them that the FL will NOT allow any appeal re the -10 points ...... ... they are "considering their position" ......... As opposed to Mr Lynam categorically stating yesterday, that, "we are going to buy this Club" Edited 23 June, 2009 by SaintRichmond
sussexsaint Posted 23 June, 2009 Posted 23 June, 2009 A friend who works at the stadium has had a phone call to say they won't being getting paid Thursday. This is obviously about more than just 10 points. Yet TL said they would.....
ottery st mary Posted 23 June, 2009 Posted 23 June, 2009 Some time ago Dubai Phil posted up how any fan could buy the club, it was to do with leveraging , a bit like the Glazers have done with Man U. Perhaps that is the case now if it was true that the moneyman was not fully on board a few weeks ago.The fact that LC paid the deposit (as was reported yesterday and it was called Crouchs Pinnacle group on the BBC teletext) sent a few alarm bells ringing. If TL does indeed pay the wages thursday then I will be happy that our concerns are groundless. For the posters to call fans drama queens is out of order, they may be complacent enough to believe all is right but many are losing confidence. It is MLT at the front that has stopped many from all out questioning. Come on nick you know full well that most of the posters on here are Drama Queens:rolleyes: Probably only you and me that can be discountd from that list:smt073 Just in case I upset GM....You are borderline John:smt007
Gingeletiss Posted 23 June, 2009 Posted 23 June, 2009 Lol nick........I wasn't refering to you yesterday, but I see that you have now applied the makeup and dress;)
saintjay77 Posted 23 June, 2009 Posted 23 June, 2009 Perhaps....just perhaps....Pinnacle have come to an arrangement with the Football League whereby the FL agree to restrict the points penalty to -10 as long as SFC go through the CVA process. But, of course, to do that SFC itself would have to go into administration....and perhaps (that's a big "perhaps")....'engineering' a missed pay day will force SFC into a technical administration, so that they can bounce straight back out of it with the requisit CVA....and, hey presto, the FL are happy and SFC are (relatively) happy because we've avoided something worse than a -10 point penalty. Could that be what it's all about? i.e. it's not just about the -10 points, it's about going through the due process to avoid further points penalties and/or demotions??????? No idea...I'm making this up as I go along (first time for everything....) I think its a collection of things. Pinnacle want the right to appeal, i dont think it matters if they do or not but the FL trying to take it away just causes people to think they are trying to cover something up which might make it worth appealing. The league have treated us as if we are in admin and as such we would have to abide by many different rules to prove we are out of it and have made everyone happy. As we are not officially happy we can realisticly keep to the requests that the league are bound to ask as set by there own rules. The league dont want to back down and say we were not in admin as that would mean they dont dish out the points penalty which in turn would open up legal battles with several other clubs. But we dont want to back down as we down want to recieve further punishment for things that are obviously not the case. The way out it seems is for the FL to create a set of rules to cover our situation and Pinnacle will need to agree to them. This in turn would close the loop hole in the system and cover the FL for future issues like this and it would put a halt on any previous clubs wanting to take action. I can see us getting the -10 points but no further action if the FL pull there finger out but the longer it goes on the more Pinnacle will want to dig there heels in and fight it. The league need to get the rules sorted and loop holes closed ASAP.
OldNick Posted 23 June, 2009 Posted 23 June, 2009 Lol nick........I wasn't refering to you yesterday, but I see that you have now applied the makeup and dress;)Yeah 6 inch stillettos as well. Im most disappointed if you had not thought of me, I may protset at you stalking me but I dont want to be ignored darling
kpturner Posted 23 June, 2009 Posted 23 June, 2009 I was halfway through typing the self same thing - well said Sir. Nothing is going to happen today is it How did you get halfway through typing a post AND see this one at the same time?? Have you got two screens with one on autorefresh :-)
sussexsaint Posted 23 June, 2009 Posted 23 June, 2009 How did you get halfway through typing a post AND see this one at the same time?? Have you got two screens with one on autorefresh :-) I am ashamed to say I have the thread up on my iPhone as well Perhaps I should search e-bay for a life and then maybe some friends
trousers Posted 23 June, 2009 Posted 23 June, 2009 How did you get halfway through typing a post AND see this one at the same time?? Have you got two screens with one on autorefresh :-) Don't we all?
Wade Garrett Posted 23 June, 2009 Posted 23 June, 2009 This right to appeal is a load of crap. No appeal is going to be successful. It reminds me of Eric Idle in The Life of Brian, who wants to be called Loretta, and wants the right to have babies. Pointless.
eurosaint Posted 23 June, 2009 Posted 23 June, 2009 This is another one of the problems I am having with this deal. IF it is Pinnacle doing the deal and some mug has provided this company with £15M to spunk on Southampton Football Club, then Tony Lynam can sign the contract on behalf of Pinnacle to purchase the assets, as he is a director of said company. I say this, because we all know that Pinnacle is worth about 5 bob and is in no position to commit to a sizeable asset purchase without outside help. But this is not going to happen, is it? Any sane investor would ensure that it is his signature on the contract or if not, he ends up owning the assets, in the form of a holding company or something like it (Newco). Now, if Lynam has become a director of Newco, he won't be signing on behalf of Pinnacle or himself. Of course, he could be signing as an agent of Newco, but, why? What is likely to happen, IF this circus is for real, is for the money man to sign the asset purchase agreement, pat Tony Lynam on the head and make him Director of Pencil Sharpening at St. Marys and then enter the stadium in a blaze of glory. It's what rich people who buy football clubs do... You really are an objectionable, patronising git, aren't you !!!!
MongoNeil Posted 23 June, 2009 Posted 23 June, 2009 I wish something would happen, I'm seriously considering actually doing some work...
Red_No_7 Posted 23 June, 2009 Posted 23 June, 2009 the deal WILL be completed by pinnacle either today or tomorrow! talks today with the FL have gone very well. YHIHF no WUM.
ottery st mary Posted 23 June, 2009 Posted 23 June, 2009 This not paying the players their wages on Thursday is very wide of the mark.....They were seen at the training ground receiving their £10 each from TL..This will obviously increase by £10 per week up to a max £50 when they start playing like footballers and winning sum games. The staff will be paid in full each week with bonus payments. The Spirit of Southampton returns.
thorpie the sinner Posted 23 June, 2009 Posted 23 June, 2009 the deal WILL be completed by pinnacle either today or tomorrow! talks today with the FL have gone very well. YHIHF no WUM. you had to do it didn't you!!!!!!! Upset everyone on the site why don't you lol!!!!!!!
RonManager Posted 23 June, 2009 Posted 23 June, 2009 the deal WILL be completed by pinnacle either today or tomorrow! talks today with the FL have gone very well. YHIHF no WUM. Source?
saints_is_the_south Posted 23 June, 2009 Author Posted 23 June, 2009 the deal WILL be completed by pinnacle either today or tomorrow! talks today with the FL have gone very well. YHIHF no WUM. wtf is YHIHF & WUM?
Polaroid Saint Posted 23 June, 2009 Posted 23 June, 2009 Don't we all? I currently have four screens with the interweb open on them. Only three have Saintsweb on tho, so I'm not too bad. Pleased to see "takeover latest official comments updates only etc" has been replaced with the much more realistic "gossip". It's a sign that will be picked up by the Echo and Meridian soon enough...
andysstuff Posted 23 June, 2009 Posted 23 June, 2009 wtf is YHIHF & WUM? You Heard It Here First (no) Wind Up Merchant.
treggs23 Posted 23 June, 2009 Posted 23 June, 2009 wtf is YHIHF & WUM? you heard it here first and wind up merchant hope this helps (and that I'm right)
dignified_blunderer Posted 23 June, 2009 Posted 23 June, 2009 wtf is YHIHF & WUM? Yes Harold It's Happening Finally ?? Not sure about wum though
saints_is_the_south Posted 23 June, 2009 Author Posted 23 June, 2009 You Heard It Here First (no) Wind Up Merchant. Ta. Whats your source then Red_No_7?
RonManager Posted 23 June, 2009 Posted 23 June, 2009 Ta. Whats your source then Red_No_7? Yeah, come on Red No. 7 , don't be a Brown no. 2
StInky Posted 23 June, 2009 Posted 23 June, 2009 Yes Harold It's Happening Finally ?? Not sure about wum though Why unsure mate?
trousers Posted 23 June, 2009 Posted 23 June, 2009 (edited) Source? ... Edited 23 June, 2009 by trousers duplicate
trousers Posted 23 June, 2009 Posted 23 June, 2009 Ta. Whats your source then Red_No_7? http://www.saintsweb.co.uk/forum/showthread.php?p=313847#post313847 ?
saints_is_the_south Posted 23 June, 2009 Author Posted 23 June, 2009 http://www.saintsweb.co.uk/forum/showthread.php?p=313847#post313847 ? Works for SFC then i take it?
Nexstar Posted 23 June, 2009 Posted 23 June, 2009 Good talks with the FL would explain why things have been more on the hush today.
trousers Posted 23 June, 2009 Posted 23 June, 2009 Works for SFC then i take it? At some point in time, one would deduce from their post in May....
Johnny Shearer Posted 23 June, 2009 Posted 23 June, 2009 Nothing is gonna happen today. 'Lets go round again - one more time' is on loop in my head.
trousers Posted 23 June, 2009 Posted 23 June, 2009 27-05-2009, 12:02 AM Red_No_7 Registered User Join Date: May 2007 Posts: 124 3 irish were in reception first thing this morning, one stayed at the ground ("the businessman") the other 2 ("the football guys") went to the training ground...at some point, and driven by dave jones. fingers crossed something happens...Didn't The Farmer mention an Irish presence at the training ground today too....? 2 + 2 anyone?
Nexstar Posted 23 June, 2009 Posted 23 June, 2009 Doesn't that just means the Irish are still interested. But red said that the takeover (ie. by Pinnacle) would be completed today/tomorrow?
Dibden Purlieu Saint Posted 23 June, 2009 Posted 23 June, 2009 Deal will be done by the end of the day tomorrow!!!!! COYR!
trousers Posted 23 June, 2009 Posted 23 June, 2009 Deal will be done by the end of the day tomorrow!!!!! COYR! Timings please
saints_is_the_south Posted 23 June, 2009 Author Posted 23 June, 2009 Deal will be done by the end of the day tomorrow!!!!! COYR! Source?
Foxy Posted 23 June, 2009 Posted 23 June, 2009 Works for SFC then i take it? Or is a bin man on the recycling round and someone doesn't have a shredder or decent archiving system
Scummer Posted 23 June, 2009 Posted 23 June, 2009 Didn't The Farmer mention an Irish presence at the training ground today too....? 2 + 2 anyone? Tony Lynam is Irish.
ottery st mary Posted 23 June, 2009 Posted 23 June, 2009 If it is The Irish Racing fraternity....I do hope they don't think The Saints team is like a young stallion/Gelding ready to train up for Cheltenham etc......Last time out didn't we run like a Donkey on Blackpool sands.
dignified_blunderer Posted 23 June, 2009 Posted 23 June, 2009 Why unsure mate? Not sure about anything any more! This has got to be sorted soon surely! I cant take much more!
1976_Child Posted 23 June, 2009 Posted 23 June, 2009 Deal will be done by the end of the day tomorrow!!!!! COYR! Manyana, manyana
trousers Posted 23 June, 2009 Posted 23 June, 2009 Tony Lynam is Irish. Ah...so Farmer meant that "the bullish Irish fella" at training today was infact Tony Lynam. That's me officially losing the plot then...
Scummer Posted 23 June, 2009 Posted 23 June, 2009 Ah...so Farmer meant that "the bullish Irish fella" at training today was infact Tony Lynam. That's me officially losing the plot then... Yes. I thought you were joking. Sometimes you just need to take things at face value and turn your conspiracy sensor off.
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