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I presume the administrator can't sell any season tickets because of the no licence or is it the golden share?

 

It’s more to do with the fact that they’d be ‘’illegally’’ selling a product. You’d be purchasing a season ticket for a club which may not even exist by the time you come to use it.

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It’s more to do with the fact that they’d be ‘’illegally’’ selling a product. You’d be purchasing a season ticket for a club which may not even exist by the time you come to use it.

 

Why can't the consumer be presented with a form to sign upon purchase to waive their consumer rights? The risk then passes to the consumer.

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I'm trying to get my head around what Pinnacle has been up to. Surely Mark Fry would have found out who were behind the bid and found it acceptable. What has been going on the last week has been a stalling operation from TL, since it must have been absolutely clear to him that FL was not going to change their mind.

 

Did he lose the money man? And has spent this week unsuccessfully seeking a replacement?

 

Because nobody but the desperate would have put up Michael Fialka as the man behind the bid. It only took a few second to Google him and find him wanting.

 

The deal is now dead, but what on earth has been going on?

 

 

 

Correct ....... what annoyed me was the crass STUPIDITY of it .......... even a swift glance told you that he did not even look the part ........ WHY did Pinnacle bother to do it ????

 

I said a while ago, I was suspicious of TL, simply because he (supposedly) came on here to give "inter round summary's" ........ sorry, but, at such a High Business level, you do not bother with "FANS" like that..... you simply get on with The Takeover ...... not The Takeaway

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it depends though doesn't it. if we have a choice of no club or starting at -25 you'd take the big hit.

 

I'm not sure I could find anyone who would want to write off a shed load of money to see the club quite possibly relegated in the first season in charge.

 

How much wealth would you need to have, even as a life long fan, to basically throw away £14m plus?

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I'm not sure I could find anyone who would want to write off a shed load of money to see the club quite possibly relegated in the first season in charge.

 

How much wealth would you need to have, even as a life long fan, to basically throw £14m plus away?

 

Farmer if you were a betting man, what odds for the deal still going through

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I'm not sure I could find anyone who would want to write off a shed load of money to see the club quite possibly relegated in the first season in charge.

 

How much wealth would you need to have, even as a life long fan, to basically throw away £14m plus?

 

Farmer...you're closer than most to the action....any chance you could ask TL his thoughts in putting forward Mr Fialka to the cameras yesterday?

 

I'm intrigued....seriously.

 

Didn't quite fit the earlier descriptions mentioned did it?

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Fry's statement today says Pinnacle's issue with the Football League is about the right to appeal about the 10 points. He doesn't mention anything about protecting against further points reduction.

 

 

It must be obvious to Pinnacle that "other" bidders are quite prepared to agree to the FL's terms, ie -10 points, and that the FL are aware of that. The legs have been shot away from Pinnacle because of that, but that is the state of play

 

Under those circumstances, why cannot they agree ???? THEY WOULD NOT HAVE WON AN APPEAL ANYWAY, cannot they see that ???????

 

Tony Lynam keeps updating us, but, surely he must know the feelings of a lot of us on here ... ie SIGN what the FL want, because they are NOT going to back down ........

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I'm not sure I could find anyone who would want to write off a shed load of money to see the club quite possibly relegated in the first season in charge.

 

How much wealth would you need to have, even as a life long fan, to basically throw away £14m plus?

I said you wuld not expect ot buy the club at that level. There are said to be people waiting with 5m. They have been waiting all along and would have factored in -25 and relegation.The stadium alone would expect to generate plenty of business without football just as a venue and business centre.
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I said you wuld not expect ot buy the club at that level. There are said to be people waiting with 5m. They have been waiting all along and would have factored in -25 and relegation.The stadium alone would expect to generate plenty of business without football just as a venue and business centre.

 

Thing is Nick, anyone wanting to buy the club now has to do so at Pinnacles agreed terms! The contract is made up and is waiting to be signed!! he is not renegotiating according to his statement! Is he?

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75% of the creditors need to agree that football debts will be 100% paid 1st.

 

The tax man will never vote yes so if 25% of the debt or more is to the tax man, its another -15 unless 100% of the debt is paid off.

 

Rumours are going round that Lallana is going to QPR, the friendly at LR was part of the deal and thats why Parma were turned down for Saints.

 

Thank you

 

That would make sense i suppose

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Remind me, who employs the tax man and pays his/her wages?

 

Is this a democracy or a dictatorship we live in?

 

I pay my taxes and so I pay the tax man or woman. As I'm sure you do. The question seems to be "Should football clubs be allowed not to hand over taxes which, let's not forget, they've collected from us on sales?"

 

Are you suggesting that tax debts generally should be written off? Or just tax debts incurred by football clubs? Or should we have a vote on each tax debt? What's your alternative?

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Farmer if you were a betting man, what odds for the deal still going through

 

I am a betting man, but I'm not betting on this one, too tight to call. I am still of the opinion that if the takeover is at all viable, Pinnacle will take charge. Unfortunately, I think current circumstances would make it impossible for anyone, Pinnacle or any other party, to sanction the investment required.

 

Farmer...you're closer than most to the action....any chance you could ask TL his thoughts in putting forward Mr Fialka to the cameras yesterday?

 

I'm intrigued....seriously.

 

Didn't quite fit the earlier descriptions mentioned did it?

 

Tony just said to me yesterday one of the backers involved with his client would be addressing the fans on Sky later.

 

Also look at some of the comments I made after the interview. Fialka is a well connected businessman with very wealthy associates alongside him. Perhaps the associates weren't comfortable in front of the cameras or indeed are of the opinion they would only like to be quoted in the media if the bid is successful.

 

I think you give Mark Fry too little credit if you think he has allowed a consortium without all the necessary elements to get this far.

Edited by The Farmer
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Thing is Nick, anyone wanting to buy the club now has to do so at Pinnacles agreed terms! The contract is made up and is waiting to be signed!! he is not renegotiating according to his statement! Is he?

 

 

Why is that..... Pinnacle have not signed anything, and have not bought the Club .....

 

Any further Bidder can bid what he likes ...... it is then up to FRY as to whether it is acceptable .......

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I am a betting man, but I'm not betting on this one. I still have confidence that if the takeover was at all viable, Pinnacle would now be in charge. Unfortunately, I think current circumstances would make it impossible for anyone, Pinnacle or any other party, to sanction the investment required.

 

 

 

Tony said yesterday one of the backers involved with his client would be addressing the fans on Sky later.

 

Also look at some of the comments I made yesterday, Fialka is a well connected businessman with very wealthy associates alongside him. Perhaps the associates weren't comfortable in front of the cameras or indeed are of the opinion they would only like to be quoted in the media if the bid is successful.

 

I think you give Mark Fry too little credit if you think he has allowed a consortium without all the necessary elements to get this far.

 

 

someone that talks some sense. Is nice to hear with the general hysteria on here...

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I'm not sure I could find anyone who would want to write off a shed load of money to see the club quite possibly relegated in the first season in charge.

 

How much wealth would you need to have, even as a life long fan, to basically throw away £14m plus?

 

You're forgetting that there was a 5 year plan to return to the Premiership, with very conserable investments every step of the way. Re-scheduling that plan ought to have been able to deal with either the 10 points or at worst an additional year in League One.

 

Since you keep on bumping into TL could you ask him why on earth he wheeled out Fialka? Surely he must have known that he wouldn't pass muster? Where is the man with hundreds of millions?

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I am a betting man, but I'm not betting on this one. I am still of the opinion that if the takeover is at all viable, Pinnacle will take charge. Unfortunately, I think current circumstances would make it impossible for anyone, Pinnacle or any other party, to sanction the investment required.

 

 

 

Tony just said to me yesterday one of the backers involved with his client would be addressing the fans on Sky later.

 

Also look at some of the comments I made after the interview. Fialka is a well connected businessman with very wealthy associates alongside him. Perhaps the associates weren't comfortable in front of the cameras or indeed are of the opinion they would only like to be quoted in the media if the bid is successful.

 

I think you give Mark Fry too little credit if you think he has allowed a consortium without all the necessary elements to get this far.

 

Ok, but that doesn't address the issue about the backer 'originally' having 'hundreds of millions' behind him though....so will we ever find out if the backers have changed or not?

 

TL mentioned in his post earlier that 'Unity' was required - for unity you need clarity - tell us the truth...we've been here before with Wilde.

 

Not getting at you Farmer, appreciate your input on here, but our trust in Pinnacle is now being severely tested...

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Don't worry everyone, I'm here to reassure you. I've just been round "Micky's" house (well, his mum and dad's house actually) for a cup of tea. She told me that the only reason he still lives there is because he's put aside every penny of his personal fortune of several hundred million pounds to invest in Saints. He could buy any house he wanted but wants to invest all he has in you lot.

 

She said not to believe the reports in the papers that his two companies only turned over £100K between them last year, it's all rubbish apparently. He's one of the richest men in Britain, despite not appearing on any rich lists and still living at home with his mum. She said not to worry and that if for any reason the deal did fall through she understood that Ramon Vega is waiting in the wings to try and buy you like he tried to buy Pompey (but once again didn't actually have any cash to back the bid).

 

Hope that puts your minds at rest. Happy weekend :D

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Thing is Nick, anyone wanting to buy the club now has to do so at Pinnacles agreed terms! The contract is made up and is waiting to be signed!! he is not renegotiating according to his statement! Is he?

 

I'm sure the 'contract' being fixed doesn't mean the price is, just the conditions of the sale. He'll sell to anyone who gives more than the creditors would get from a fire sale.

 

K.

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Don't worry everyone, I'm here to reassure you. I've just been round "Micky's" house (well, his mum and dad's house actually) for a cup of tea. She told me that the only reason he still lives there is because he's put aside every penny of his personal fortune of several hundred million pounds to invest in Saints. He could buy any house he wanted but wants to invest all he has in you lot.

 

She said not to believe the reports in the papers that his two companies only turned over £100K between them last year, it's all rubbish apparently. He's one of the richest men in Britain, despite not appearing on any rich lists and still living at home with his mum. She said not to worry and that if for any reason the deal did fall through she understood that Ramon Vega is waiting in the wings to try and buy you like he tried to buy Pompey (but once again didn't actually have any cash to back the bid).

 

Hope that puts your minds at rest. Happy weekend :D

 

 

**** off

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Don't worry everyone, I'm here to reassure you. I've just been round "Micky's" house (well, his mum and dad's house actually) for a cup of tea. She told me that the only reason he still lives there is because he's put aside every penny of his personal fortune of several hundred million pounds to invest in Saints. He could buy any house he wanted but wants to invest all he has in you lot.

 

She said not to believe the reports in the papers that his two companies only turned over £100K between them last year, it's all rubbish apparently. He's one of the richest men in Britain, despite not appearing on any rich lists and still living at home with his mum. She said not to worry and that if for any reason the deal did fall through she understood that Ramon Vega is waiting in the wings to try and buy you like he tried to buy Pompey (but once again didn't actually have any cash to back the bid).

 

Hope that puts your minds at rest. Happy weekend :D

 

nothing worse than a coc ky skate...dont worry my inbred friend, your "takeover" will give us just as much fun, im sure ;)

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Don't worry everyone, I'm here to reassure you. I've just been round "Micky's" house (well, his mum and dad's house actually) for a cup of tea. She told me that the only reason he still lives there is because he's put aside every penny of his personal fortune of several hundred million pounds to invest in Saints. He could buy any house he wanted but wants to invest all he has in you lot.

 

She said not to believe the reports in the papers that his two companies only turned over £100K between them last year, it's all rubbish apparently. He's one of the richest men in Britain, despite not appearing on any rich lists and still living at home with his mum. She said not to worry and that if for any reason the deal did fall through she understood that Ramon Vega is waiting in the wings to try and buy you like he tried to buy Pompey (but once again didn't actually have any cash to back the bid).

 

Hope that puts your minds at rest. Happy weekend :D

 

****

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someone that talks some sense. Is nice to hear with the general hysteria on here...

 

Trouble is Andy - with the administrator basically saying in 1 week he'll look at winding the club up (as people have interpreted his remarks) it's hardly surprising the people who care about this club are very, very anxious. We've all been through enough over the last few years. Who would have thought a club in an FA Cup final and then Europe could fall so low so fast.

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am surprised TL hasnt been back on with another of his troop rallying speeches

 

Why should he........they tried the 'open' approach, and all they've had is grief.........I love this club, but some on this forum need to have a good look in the mirror. Anyone looking in on this forum, would wonder as to why they should get involved.

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Re-scheduling that plan ought to have been able to deal with either the 10 points or at worst an additional year in League One.

 

But not then a following season in League 2.[/Quote]

 

Since you keep on bumping into TL could you ask him why on earth he wheeled out Fialka? Surely he must have known that he wouldn't pass muster? Where is the man with hundreds of millions?

 

 

Personally I think it put a face to the consortium and an insight into its background. With regards other investors, some people like their actions to speak for them. Not sure what benefit and name and picture would add unless its a household name. Fry would of checked the availability of proposed funds, that is a given.

 

 

Ok, but that doesn't address the issue about the backer 'originally' having 'hundreds of millions' behind him though....so will we ever find out if the backers have changed or not?

 

TL mentioned in his post earlier that 'Unity' was required - for unity you need clarity - tell us the truth...we've been here before with Wilde.

 

Not getting at you Farmer, appreciate your input on here, but our trust in Pinnacle is now being severely tested...

 

 

Personally, yes, its been a bit draining trying to facilitate some sort of communication through this medium. Everyone knows I am a lifelong fan, who just happens to know the individual trying to broker this deal and can fill in some blanks now and again.

 

All I'm attempting to do is convey any words of encouragement I can as I faith in Tony's credentials to do the job he has been asked to do. But at the same time I am not all involved in the big picture, so am not in a position to be of any influence with regards the process or offer first hand info. I only offer information I am given for you to digest if you choose to do so. Don't shoot the messenger as they say

 

I'm as nervous as anyone else. I just feel that individuals who have invested time and money trying to orchestrate this deal in the current climate do not deserve to be shot down by people who do not know all the facts, especially when we do not actually know if any other parties are as serious as Pinnacle with regards putting this club, as Fialka said, 'back to where it was when MLT was playing'.

Edited by The Farmer
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**** off

 

+1 :D

 

nothing worse than a coc ky skate...dont worry my inbred friend, your "takeover" will give us just as much fun, im sure ;)

 

****

 

Ah, come on. Look at it from our point of view. Imagine the fun you'd be having if this was Pompey instead of you. Still lives with his mum - ROTFPMSL.

 

And he really, really does look like Karl Power, don't you think?

 

http://www.dailyecho.co.uk/sport/4460087.Pinnacle_money_man_speaks_out_on_Saints_takeover/

 

http://images.google.co.uk/imgres?imgurl=http://news.bbc.co.uk/olmedia/1495000/images/_1499210_karl_power300.jpg&imgrefurl=http://news.bbc.co.uk/sport2/hi/sports_talk/1499210.stm&usg=__EyJkHdUdLv-CxFrW1ioI8RO3eFU=&h=180&w=300&sz=21&hl=en&start=2&um=1&tbnid=zTtyaQ36IueRTM:&tbnh=70&tbnw=116&prev=/images%3Fq%3Dkarl%2Bpower%26hl%3Den%26rlz%3D1T4DKUK_en-GBGB204GB204%26sa%3DG%26um%3D1

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putting this club, as Fialka said, 'back to where it was when MLT was playing'.

 

Can they aim for the level after Le Tissier left circa 2002/03. ;)

 

1990's even though Le Tissier was at his best at Saints it wasn't good(yes I realise struggling in the Prem is better than League One). 1980's before Le Tiss and early 2000's after Le Tiss retired was good team wise apart from the great man not here :D

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I'm as nervous as anyone else. I just feel that individuals who have invested time and money trying to orchestrate this deal in the current climate do not deserve to be shot down by people who do not know all the facts, especially when we do not actually know if any other parties are as serious as Pinnacle with regards putting this club, as Fialka said, 'back to where it was when MLT was playing'.

 

If we're talking about Matty's good times that would be The Dell of course.

 

You don't really still think Micky is going to come up with the dosh do you Farmer?

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TL might be talking but he's not actually saying much - we haven't a clue regarding the details of what the FL want them to sign. Mark Fry seemed to be indicating that it was still about the -10 points, but we don't know. I just can't believe now that Pinnacle will complete; even Matt didn't sound confident this morning. In hindsight, it's a shame the Swiss missed the original deadline - I have only heard positive things about their bid.

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it's a shame the Swiss missed the original deadline - I have only heard positive things about their bid.

 

Saying and doing are 2 different things. Why did they miss out? The Pinnacle Group have put over £1m where their mouth is - doesn't that deserve respect regardless of the outcome? Who in this financial climate has £1m to throw at a proposed project?

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Saying and doing are 2 different things. Why did they miss out? The Pinnacle Group have put over £1m where their mouth is - doesn't that deserve respect regardless of the outcome? Who in this financial climate has £1m to throw at a proposed project?

 

but we may never know if it was £1m in an attempt to save our club or £1m stopping someone that could have saved us. Respect is earned more through action and achievement then money and talk.

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Apparently they did not think that Pinnacle were in a position to make the bid - it took them by suprise. They were literally hours away from their own offer. I don't think that they were totally shocked that it has come to this and were waiting in the background should anything happen.

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Saying and doing are 2 different things. Why did they miss out? The Pinnacle Group have put over £1m where their mouth is - doesn't that deserve respect regardless of the outcome? Who in this financial climate has £1m to throw at a proposed project?

 

 

Farmer

 

1. What EXACTLY is the cause of the delay?

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Saying and doing are 2 different things. Why did they miss out? The Pinnacle Group have put over £1m where their mouth is - doesn't that deserve respect regardless of the outcome? Who in this financial climate has £1m to throw at a proposed project?

 

Indeed; Why would a "spurs fan" 'waste' £1m on the project if he has no other money...

 

...unless of course Surman signs for spurs over the weekend for a nominal fee!!!

 

:confused::mad::shock::mad::confused:

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Saying and doing are 2 different things. Why did they miss out? The Pinnacle Group have put over £1m where their mouth is - doesn't that deserve respect regardless of the outcome? Who in this financial climate has £1m to throw at a proposed project?

 

Dunno, but unless they sort something out quickly they will lose it all.

Edited by Smirking_Saint
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but we may never know if it was £1m in an attempt to save our club or £1m stopping someone that could have saved us. Respect is earned more through action and achievement then money and talk.

 

What jamboree bag did you pull that gem of an idea from!!!

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I'm as nervous as anyone else. I just feel that individuals who have invested time and money trying to orchestrate this deal in the current climate do not deserve to be shot down by people who do not know all the facts, especially when we do not actually know if any other parties are as serious as Pinnacle with regards putting this club, as Fialka said, 'back to where it was when MLT was playing'.

 

PML....if the other parties are less serious than Pinnacle, I'd say we're f***ed.

 

They've become a total joke in the last 24 hours.

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Saying and doing are 2 different things. Why did they miss out? The Pinnacle Group have put over £1m where their mouth is - doesn't that deserve respect regardless of the outcome? Who in this financial climate has £1m to throw at a proposed project?
Following from an earlierpost do you think -10 would mean us being relegated, because if so Pinnacle shouldnt consider bidding , as with a decent manager and a few tweaks we should make the play-offs easily even with that start.

Now if the hold up is because we really may be facing -25 come out and tell us and Im sure people would be more understanding.

ps Farmer, I think you are a decent lad to come on and face the fans on here.I personally believe you have done it all for the best reasons, and should hold your head up.If it comes to nothing Im not sure we will be so understanding of others.

Edited by OldNick
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