Navysaint Posted 24 June, 2009 Posted 24 June, 2009 Ours will be completed by July 11th according to Arabian business. Everything sorted but huge amount of paperwork for processing. The good doctor to speak to Pompey supporters at the Union Jack Club in london that night. Two weeks-Can you beat that? You mean processing the millions of pounds worth of IOU's!
EastleighSoulBoy Posted 24 June, 2009 Posted 24 June, 2009 If as reported Fry is pushing the club to other interested parties he obviously has lost confidence in Pinnacle, If he still thought they were almost there he would be relaxed and just waiting there final signature. Not looking good in my Opinion TBF Mark Fry is doing what Begbies pay him to do. He's looking for the best deal for the creditors. At this moment in time the Pinnacle deal is still the best placed to move forward. However, as you point out, things are not running a true course at this moment. He's not giving up on Pinnacle, he's probably done all that he can so rather than sit on his hands he's doing his job.
sussexsaint Posted 24 June, 2009 Posted 24 June, 2009 I wonder why the 'minor hitches' Pinnacle are supposedly having are taking quite a while to sort out? I suspect it is all to do with any questions being passed from Pinnacle to the FL - the FL passing them to their lawyers who pass the answers back to the FL who send them to Pinnacle who send them to their lawyers etc etc - repeat to fade
Nexstar Posted 24 June, 2009 Posted 24 June, 2009 With other consortiums seemingly edging ever closer to a takeover this really is D-Day for Pinnacle. A failure to deliver an agreement or atleast an announcement saying the takeover will be done tomorrow, I think will spell the end for them and somebody else will become the 'front-runner'.
Gemmel Posted 24 June, 2009 Posted 24 June, 2009 With other consortiums seemingly edging ever closer to a takeover this really is D-Day for Pinnacle. A failure to deliver an agreement or atleast an announcement saying the takeover will be done tomorrow, I think will spell the end for them and somebody else will become the 'front-runner'. Agreed. I have it as today or tomorrow at the very very latest, otherwise Pinnacle will be dead in the water
amigo1 Posted 24 June, 2009 Posted 24 June, 2009 I'm flattered I've had such a profound effect on you and your family. it was the playboy mansion that did it
wild-saint Posted 24 June, 2009 Posted 24 June, 2009 Here is the latest that I have heard as of this morning. Pinnacle will happen regardless of whether they resolve the issues with the league First choice manager is shearer.However he is still talking to newcastle so may not happen. Money to spend this season. The reason they want a big name manager is to get bums on seats and attract decent players. The players have been told they will be paid (not sure whether that means tomorrow though) Source - Horse mouth
Matthew Le God Posted 24 June, 2009 Posted 24 June, 2009 Here is the latest that I have heard as of this morning. Pinnacle will happen regardless of whether they resolve the issues with the league First choice manager is shearer.However he is still talking to newcastle so may not happen. Money to spend this season. The reason they want a big name manager is to get bums on seats and attract decent players. The players have been told they will be paid (not sure whether that means tomorrow though) Source - Horse mouth Which horse?
andysstuff Posted 24 June, 2009 Posted 24 June, 2009 Here is the latest that I have heard as of this morning. Pinnacle will happen regardless of whether they resolve the issues with the league First choice manager is shearer.However he is still talking to newcastle so may not happen. Money to spend this season. The reason they want a big name manager is to get bums on seats and attract decent players. The players have been told they will be paid (not sure whether that means tomorrow though) Source - Horse mouth So if the deal will happen come what may, why the hold up? Big manager is probably what's needed and is sensible in my opinion - harks back to the policy of LM in the 70's. What about the rest of the staff, are they being paid as well?
OldNick Posted 24 June, 2009 Posted 24 June, 2009 Source - Horse mouthCamilla Parker Bowles is buying us!!!!!!!
sunrise Posted 24 June, 2009 Posted 24 June, 2009 Well whatever is happening, I won't be at the computer all day f5'ing as I've got other things to do and get the feeling that this is going to be a no-news days. As for Shearer - no thanks.
trousers Posted 24 June, 2009 Posted 24 June, 2009 Why has this dispute with the FL had little or no mention in the national press the last few days?
Pilchards Posted 24 June, 2009 Posted 24 June, 2009 Here is the latest that I have heard as of this morning. Pinnacle will happen regardless of whether they resolve the issues with the league First choice manager is shearer.However he is still talking to newcastle so may not happen. Money to spend this season. The reason they want a big name manager is to get bums on seats and attract decent players. The players have been told they will be paid (not sure whether that means tomorrow though) Source - Horse mouth I took my dogs out this morning and came across a horse too, I swear to you Wild-saint horses don't talk unless you was lip reading as they do like moving there mouths.
OldNick Posted 24 June, 2009 Posted 24 June, 2009 Sadly after all the hype and enthusiasm that was around last week the morale of the supporters seems to have been crushed. Something that seemed a done deal and a future at long last, looks to be falling around our ears. A statement that the wages have been covered as well as the HMRC and players bonuses would immediately lift the spirits but until that comes we have to look on the downside. Friday we had posts crowing how clever they were in wanting Administration. I wonder how they feel at this moment? For all our sakes I hope they can come on again and tell us how so right they were.
Whitey Grandad Posted 24 June, 2009 Posted 24 June, 2009 Sadly after all the hype and enthusiasm that was around last week the morale of the supporters seems to have been crushed. Something that seemed a done deal and a future at long last, looks to be falling around our ears. A statement that the wages have been covered as well as the HMRC and players bonuses would immediately lift the spirits but until that comes we have to look on the downside. Friday we had posts crowing how clever they were in wanting Administration. I wonder how they feel at this moment? For all our sakes I hope they can come on again and tell us how so right they were. It's too soon to draw conclusions about the consequences of administration. We shan't know for sure for another season or two, in my opinion.
Polaroid Saint Posted 24 June, 2009 Posted 24 June, 2009 Right. That's the Remy Martin back on ice for now then. Methinks I'll try and have a day away from this forum, all this nothing is too much! ;-)
wild-saint Posted 24 June, 2009 Posted 24 June, 2009 MLT, one assumes.... lets hope he is close enough to the detail
trousers Posted 24 June, 2009 Posted 24 June, 2009 lets hope he is close enough to the detail Did you just say "hope"...?
saintjay77 Posted 24 June, 2009 Posted 24 June, 2009 Sadly after all the hype and enthusiasm that was around last week the morale of the supporters seems to have been crushed. Something that seemed a done deal and a future at long last, looks to be falling around our ears. A statement that the wages have been covered as well as the HMRC and players bonuses would immediately lift the spirits but until that comes we have to look on the downside. Friday we had posts crowing how clever they were in wanting Administration. I wonder how they feel at this moment? For all our sakes I hope they can come on again and tell us how so right they were. I think there are 2 sides to this. On 1 the players should share some of the blame for the mess we are in. They under performed and made costly mistakes. Had this not been the case we could have concievably had higher gates and avoided Administration. So while there moral is low due to not being paid, they should be appologiesing to all the other staff that are also not being paid and probably have less resources to cope with the lack of funds. On the other hand if the worst happens and the club folds all of our current players will no doubtedly get employment in football at a number of other clubs up and down the leagues which will make them feel allot better and moral will return. Same as if the best happens and we see a flood of optimism return to the city and club as we prepare for promotion upon premotion. So I dont really feel too sorry for the players, but the surrounding staff at SMS will be the ones that will suffer so of anyone we should be thinking of them. As it stands now though we are still more likly to be taken over at some point which in turn we hope will make the whole admin process worth while. I wouldnt bother asking those who wanted admin if they are happy about it unless the club fold completly and all the staff are out of work. I just think its getting less and less likly that will happen so no need to be so down.
RedAndWhite91 Posted 24 June, 2009 Posted 24 June, 2009 I am going on holiday on Monday for a week, and I just hope I get some more positive news before then so I can go on holiday without any negative Saints baggage, because knowing my luck I won't have access to internet for a week. I also heard Fry was in London talking to some Middle-Easterns, but then theres posters on here saying Pinnacle WILL happen, so I don't know what to think any more. Perhaps a week away from it all will do me good!
saintjay77 Posted 24 June, 2009 Posted 24 June, 2009 lets hope he is close enough to the detail As you know MLT can you tell him that while visiting southampton a few years back I saw him while walking through West Quay. I tried to point him out to my kids who were just 2 and 3 and just looked blank at me. I had to ground them for 6 years for not knowing who he was despite all the training I had previously put on them. Now they have hust seen sunlight again they dont get on with other kids and squint allot in all this nice weather. Can he send me a signed ball or shirt or just hurry up and make saints fc great again. thank you please
OldNick Posted 24 June, 2009 Posted 24 June, 2009 It's too soon to draw conclusions about the consequences of administration. We shan't know for sure for another season or two, in my opinion. True but actually coming out of it in the best condition is paramount.The days are going on,the risk of further penalties are getting closer. It is a mess, and since friday I notice that the sentiment is becoming more and more depressed.I hold my hand up as being one of those, reading someone like Fitzhugh losing his faith worries me as well. NSS who is a friend of TL has put up a couple of posts today. Trying to read between the lines it seems that Pinnacle based their offer on us getting the -10 back after receiving legal advice. That alone seems madness to me as surely they should have factored in worse case scenario. That would mean they have either gone back to Fry and tried to offer less, which may in turn mean that the creditors may not then agree to a CVA (-25) or are in negotiation with the FL and asking them to not give them any more sanctions for not having a CVA if they accept the -10. I cannot believe they based their offer on not getting a -10. As I say it is me reading between the lines and so be wrong.
rudi-skacel Posted 24 June, 2009 Posted 24 June, 2009 well my feelings have gone from total optimism to total deflation,just want something to happen one way or the other,if pinnacle want to buy the club then"JUST DO IT NOW" coyr.
Matthew Le God Posted 24 June, 2009 Posted 24 June, 2009 True but actually coming out of it in the best condition is paramount.The days are going on,the risk of further penalties are getting closer. It is a mess, and since friday I notice that the sentiment is becoming more and more depressed.I hold my hand up as being one of those, reading someone like Fitzhugh losing his faith worries me as well. NSS who is a friend of TL has put up a couple of posts today. Trying to read between the lines it seems that Pinnacle based their offer on us getting the -10 back after receiving legal advice. That alone seems madness to me as surely they should have factored in worse case scenario. That would mean they have either gone back to Fry and tried to offer less, which may in turn mean that the creditors may not then agree to a CVA (-25) or are in negotiation with the FL and asking them to not give them any more sanctions for not having a CVA if they accept the -10. I cannot believe they based their offer on not getting a -10. As I say it is me reading between the lines and so be wrong. Matthew Le Tissier has mentioned a number of times in interview about having a "level playing field". Which would indicate that is Pinnacles intention to start on 0 points along with everyone else.
sussexsaint Posted 24 June, 2009 Posted 24 June, 2009 Matthew Le Tissier has mentioned a number of times in interview about having a "level playing field". Which would indicate that is Pinnacles intention to start on 0 points along with everyone else. Maybe or it could be that a lot of the grounds in League 1 are Carp with jumpers for goalposts
OldNick Posted 24 June, 2009 Posted 24 June, 2009 Matthew Le Tissier has mentioned a number of times in interview about having a "level playing field". Which would indicate that is Pinnacles intention to start on 0 points along with everyone else. but it was fairly clear that it was only going to be 50-50. Im sure bournemouth Rotherham, Leeds would have said the same, as for poor Luton!!!
rudi-skacel Posted 24 June, 2009 Posted 24 June, 2009 all we are hearing is that the deal is still going ahead,but we are no nearer,got a feeling this is pinnacles get out clause
Whitey Grandad Posted 24 June, 2009 Posted 24 June, 2009 True but actually coming out of it in the best condition is paramount.The days are going on,the risk of further penalties are getting closer. It is a mess, and since friday I notice that the sentiment is becoming more and more depressed.I hold my hand up as being one of those, reading someone like Fitzhugh losing his faith worries me as well. NSS who is a friend of TL has put up a couple of posts today. Trying to read between the lines it seems that Pinnacle based their offer on us getting the -10 back after receiving legal advice. That alone seems madness to me as surely they should have factored in worse case scenario. That would mean they have either gone back to Fry and tried to offer less, which may in turn mean that the creditors may not then agree to a CVA (-25) or are in negotiation with the FL and asking them to not give them any more sanctions for not having a CVA if they accept the -10. I cannot believe they based their offer on not getting a -10. As I say it is me reading between the lines and so be wrong. I'm sure that this is all part of the current negotiations, as would be the case with any buyer if the club is to be sold. Like most of us I have been logging in regularly hoping for some good news but I think we've now reached the endgame so we should all get out and enjoy the sun whilst we can.
OldNick Posted 24 June, 2009 Posted 24 June, 2009 I'm sure that this is all part of the current negotiations, as would be the case with any buyer if the club is to be sold. Like most of us I have been logging in regularly hoping for some good news but I think we've now reached the endgame so we should all get out and enjoy the sun whilst we can.Wis h i could but stiuck at the business and just able to look out of the window at the sunny weather
Draino76 Posted 24 June, 2009 Posted 24 June, 2009 Keegan first, Shearer 2nd for me. Impressive choices for a league 1 club IMO.
Soggy Bottom Posted 24 June, 2009 Posted 24 June, 2009 I'm stuck in a traffic jam and have been since 8.30 someone give me some good news
thorpie the sinner Posted 24 June, 2009 Posted 24 June, 2009 I'm stuck in a traffic jam and have been since 8.30 someone give me some good news still in the dark, as ever we wait!! I am positive if that helps!
Ivan Katalinic's 'tache Posted 24 June, 2009 Posted 24 June, 2009 named after the father?.....only kidding Alps congratulations BTW My 3 year old boy is called Matthew too, after the great man. My daughter would have been called Lucy but this plan was thwarted when my missus realised after whom...
sussexsaint Posted 24 June, 2009 Posted 24 June, 2009 My 3 year old boy is called Matthew too' date=' after the great man. My daughter would have been called Lucy but this plan was thwarted when my missus realised after whom...[/quote'] PMSL
saints_is_the_south Posted 24 June, 2009 Author Posted 24 June, 2009 My 3 year old boy is called Matthew too' date=' after the great man. My daughter would have been called Lucy but this plan was thwarted when my missus realised after whom...[/quote'] LOL!
70's Mike Posted 24 June, 2009 Posted 24 June, 2009 Ester Ranzen but she is getting cold feet because she thinks being an MP will get her more cash
Channon's Sideburns Posted 24 June, 2009 Posted 24 June, 2009 well my feelings have gone from total optimism to total deflation,just want something to happen one way or the other,if pinnacle want to buy the club then"JUST DO IT NOW" coyr. With a username like yours I expect you're used to feeling let down... ;-) Joking aside +1 from me...
Kaiser Soze Posted 24 June, 2009 Posted 24 June, 2009 Anyone else concerned this has got Rudi Skacel written all over it? i.e: months and months of hype, will he won't he, finally unveiled amid a media frenzy and then..... massive, massive disappointment. Hope I'm wrong.
fish fingers Posted 24 June, 2009 Posted 24 June, 2009 Anyone else concerned this has got Rudi Skacel written all over it? i.e: months and months of hype, will he won't he, finally unveiled amid a media frenzy and then..... massive, massive disappointment. Hope I'm wrong. I'd say more Javier De Pedro with no actual deal at the end of it.
Kingsland Red Posted 24 June, 2009 Posted 24 June, 2009 Oliver Bierhoff - I even got the fake shirt !
doggface Posted 24 June, 2009 Posted 24 June, 2009 Here is the latest that I have heard as of this morning. Pinnacle will happen regardless of whether they resolve the issues with the league First choice manager is shearer.However he is still talking to newcastle so may not happen. Money to spend this season. The reason they want a big name manager is to get bums on seats and attract decent players. The players have been told they will be paid (not sure whether that means tomorrow though) Source - Horse mouth Ws, In terms of manager this is exactly what I heard/posted on 18/06. I would be pleased with as but would favour kk as he has alot more experience. Did you not ask matt if they don't get a result from the league when they are going to bite the bullet & complete or if they are still worried about getting gazzumped?
trousers Posted 24 June, 2009 Posted 24 June, 2009 Just to clarify.....Are Pinnacle in 'constant' discussion with the Football League or are they having to wait until the League representatives dealing with this case are, for instance, out of other meetings? In other words, do the FL have a dedicated rep, or reps, on our case?
Weston Saint Posted 24 June, 2009 Posted 24 June, 2009 Ws, In terms of manager this is exactly what I heard/posted on 18/06. I would be pleased with as but would favour kk as he has alot more experience. Did you not ask matt if they don't get a result from the league when they are going to bite the bullet & complete or if they are still worried about getting gazzumped? Not sure it will be a case of guzzumped but match the terms Pinnacle have already agreed. The fact that Fry is actively talking to others suggests he is losing confidence in Pinnacle big time. This is a big worry for staff at SMS and us supporters.
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