saintalan Posted 26 June, 2009 Share Posted 26 June, 2009 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. Makes you think they wont get caught with pants around ankles a second time! If they have any thoughts that Pinnacle are about to sign maybe we will see some action this weekend!? Link to comment Share on other sites More sharing options...
Smirking_Saint Posted 26 June, 2009 Share Posted 26 June, 2009 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. Couldn't agree more. there is more than what is being let on Link to comment Share on other sites More sharing options...
PaulSaint Posted 26 June, 2009 Share Posted 26 June, 2009 (edited) If it all goes t*ts up can we rightly label Fialka as a "North London Yobbo"? Edited 26 June, 2009 by PaulSaint bad spelling Link to comment Share on other sites More sharing options...
Gingeletiss Posted 26 June, 2009 Share Posted 26 June, 2009 read it as it was meant to be read...not a conspiracy but a consequence If you had wrote it, as you would wish it to be read, then I and a few others, would not question it......sorry, but that's how it reads...confussing:confused: Link to comment Share on other sites More sharing options...
Beer Engine Posted 26 June, 2009 Share Posted 26 June, 2009 It's now apparent that Pinnacle haven't got enough money to complete the takeover. Link to comment Share on other sites More sharing options...
Saint Billy Posted 26 June, 2009 Share Posted 26 June, 2009 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. Valid point and may well be the crux of the matter. Link to comment Share on other sites More sharing options...
Burger Posted 26 June, 2009 Share Posted 26 June, 2009 If you had wrote it, as you would wish it to be read, then I and a few others, would not question it......sorry, but that's how it reads...confussing:confused: didn't notice the others, but so be it, happy to confuse once in a while Link to comment Share on other sites More sharing options...
Gingeletiss Posted 26 June, 2009 Share Posted 26 June, 2009 Cripes nick....that's been hanging there for a fortnight, now catch up!! Link to comment Share on other sites More sharing options...
Beer Engine Posted 26 June, 2009 Share Posted 26 June, 2009 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. Agree 100% There must be a real possibility of liquidation looming. Link to comment Share on other sites More sharing options...
exit2 Posted 26 June, 2009 Share Posted 26 June, 2009 Swiss Group? Crane Company? leebur? Something I heard today from a ex collegue that now works in Switzerland? Link to comment Share on other sites More sharing options...
saint lard Posted 26 June, 2009 Share Posted 26 June, 2009 According to Meridian.......Pinnacle have agreed to pay all costs for an appeal should they win or lose,this proposal has been presented to the league,plus they will give assurances they will not sue the League. According to Tony Lynam he believes that Pinnacle are facing a smear campaign and that MF has plenty of wealth and also wealthy colleages,he paid £30 million just the other day in a deal. Link to comment Share on other sites More sharing options...
RonManager Posted 26 June, 2009 Share Posted 26 June, 2009 Agree 100% There must be a real possibility of liquidation looming. If so, it will be interesting to see if the FL actually do or say anything before then. Apart from way back at the beginning of this saga there has been a defeaning silence. Link to comment Share on other sites More sharing options...
Clifford Nelson Posted 26 June, 2009 Share Posted 26 June, 2009 Perhaps he's been trying to convince the Swiss and/or Jackson's consortium to buy him out of pole position? (i.e. by selling them access to the 'intellectual property' Pinnacle accumulated during their 3 week exclusivity period?) Just a guess. Probably wide of the mark Porbably not correct since he hasn't got anything real to sell. The exclusivity period expired a week ago, anybody could go straight to Mark Fry and give him an offer. Link to comment Share on other sites More sharing options...
Clifford Nelson Posted 26 June, 2009 Share Posted 26 June, 2009 I think we both wonder why things have been as they are and so perhaps. Getting out of the deal by blaming somebody else such as the FL, the Echo, or maybe even us, since we've been dissing Fialka. Link to comment Share on other sites More sharing options...
charliemiller Posted 26 June, 2009 Share Posted 26 June, 2009 Swiss Group? Crane Company? leebur? Something I heard today from a ex collegue that now works in Switzerland? swiss boring ???? http://www.swissboring.com/viewdoc.asp?co_id=1012 Link to comment Share on other sites More sharing options...
Evo Posted 26 June, 2009 Share Posted 26 June, 2009 Come on Farmer, what's the score? Director of NW8 Holdings - WARNER ESTATE FINALISES SALE OF ST JOHNS WOOD AS TARGET DISPOSAL PROGRAMME COMPLETES 3rd April 2009 Warner Estate Holdings PLC announces today that it has simultaneously exchanged and completed contracts for the sale of its St Johns Wood High Street estate to NW8 Holdings Limited for cash consideration of £39m. http://www.warnerestate.co.uk/media/press_releases.php what he did miss was the property recently purchased i st johns wood for 39 million pound I understand this was a straight cash payment as well. Right is michael Fialka a director of NW8 holdings ltd or not? Yes he is. Well he isn't a director of NW8 Holdings according to Companies House. (PS. The Directors of NW8 Holdings Limited are Leon Faust and Tirza Faust. ... To buy the £38M St. Johns Wood property, for which this holding company was set up, they obtained a mortgage from Dekabank Deutsche Girozentrale) Link to comment Share on other sites More sharing options...
Crispypie Posted 26 June, 2009 Share Posted 26 June, 2009 Crouch is part of the consortium according to BBC Solent Link to comment Share on other sites More sharing options...
The Farmer Posted 26 June, 2009 Share Posted 26 June, 2009 (edited) 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. What a bizzare way to look at it. Conversely, we will never know if any other group were even prepared to invest £1m before even owning the club. Am I also right in thinking there wasn't even any bidders coming forward for a worrying time before Pinnacle stepped up to the mark??? 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 I'm sure people would be more understanding. there is more than what is being let on I'm sure there is. Edited 26 June, 2009 by The Farmer Link to comment Share on other sites More sharing options...
BGF Posted 26 June, 2009 Share Posted 26 June, 2009 And Crouch has paid about 3 million into the club over the last 3 years & yet people still slag him off. Link to comment Share on other sites More sharing options...
buctootim Posted 26 June, 2009 Share Posted 26 June, 2009 Crouch is part of the consortium according to BBC Solent He's the patsy who has been footing their bills Link to comment Share on other sites More sharing options...
rudi-skacel Posted 26 June, 2009 Share Posted 26 June, 2009 just seen south today,they said michael fialka has a lot of rich jewish friends who are in on the deal,and leon crouch has admitted he is part of the pinnacle consortium. Link to comment Share on other sites More sharing options...
The Farmer Posted 26 June, 2009 Share Posted 26 June, 2009 According to Meridian.......Pinnacle have agreed to pay all costs for an appeal should they win or lose,this proposal has been presented to the league,plus they will give assurances they will not sue the League. He also said ALL other interested parties would request the decision to appeal on seeing the FL mandate, so it's not a case of Pinnacle being finicky as many on here are labelling them. Link to comment Share on other sites More sharing options...
sussexsaint Posted 26 June, 2009 Share Posted 26 June, 2009 ****ing sign the deal so I can go back to my sad life Link to comment Share on other sites More sharing options...
Matthew Le God Posted 26 June, 2009 Share Posted 26 June, 2009 The Farmer, Is that it for the night then I'm guessing with FL and BT gone home? Do you know if Tony will give another update tonight? Link to comment Share on other sites More sharing options...
Clifford Nelson Posted 26 June, 2009 Share Posted 26 June, 2009 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. I don't think we ought to throw vitriole at anyone, but feelings are running awfully high, and there are some real peculiarities out there which a good few of us are trying to understand. It's difficult to sit and do and say nothing. Nickh is one sensible voice amongst many, and I agree with him here. Link to comment Share on other sites More sharing options...
buctootim Posted 26 June, 2009 Share Posted 26 June, 2009 I don't think we ought to throw vitriole at anyone, but feelings are running awfully high, and there are some real peculiarities out there which a good few of us are trying to understand. It's difficult to sit and do and say nothing. Nickh is one sensible voice amongst many, and I agree with him here. I very much hope to be offering shame faced apologies to Pinnacle in a few days, but realistically, if Fialka is the lynchpin, we'd better pray the Swiss are still interested. Link to comment Share on other sites More sharing options...
SP Saint Posted 26 June, 2009 Share Posted 26 June, 2009 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? Are you certain the money paid exclusivity came from Pinnacle themselves and not from Leon Crouch or perhaps MLT? It looks to me as if Tony L may have been badly let down by proposed investors and has found Mr Fialka and family as a last resort but have they actually spent anything significant to date? I wonder. BTW I don't doubt your good intentions in this, I just hope it doesn't cause you any problems if it does go t!ts up. Link to comment Share on other sites More sharing options...
St_Tel49 Posted 26 June, 2009 Share Posted 26 June, 2009 I cannot help feeling that the us being given another 15 points makes no sense at any level. The FL have carried out an investigation and concluded that there is no material difference between SLH and SFC and therefore hit us with 10 points. Surely a settlement that makes SLH creditors happy must make the creditors of SFC happy since, according to dear old Dr Death and his crew, they are the same. Why do both need a CVA? Link to comment Share on other sites More sharing options...
Bailey Posted 26 June, 2009 Share Posted 26 June, 2009 He also said ALL other interested parties would request the decision to appeal on seeing the FL mandate, so it's not a case of Pinnacle being finicky as many on here are labelling them. Well if that's the case, then there is a very good chance that by this time next week, we won't have a club to moan about at all. If the above is true, then it's largely down to the Football League playing hardball and trying to effectively blackmail potential investors into agreeing to something that is illegal. And there's me thinking that the Football League are meant to look after their clubs . . . Link to comment Share on other sites More sharing options...
exit2 Posted 26 June, 2009 Share Posted 26 June, 2009 For me personally now it has nothing to do with Pinnacle. Their time finished this time last week, so why didnt Fry get others in over the weekend. If Pinnacle complete the deal they complete and Im hoping they do. If they dont they dont, thats business! Link to comment Share on other sites More sharing options...
EastleighSoulBoy Posted 26 June, 2009 Share Posted 26 June, 2009 I cannot help feeling that the us being given another 15 points makes no sense at any level. The FL have carried out an investigation and concluded that there is no material difference between SLH and SFC and therefore hit us with 10 points. Surely a settlement that makes SLH creditors happy must make the creditors of SFC happy since, according to dear old Dr Death and his crew, they are the same. Why do both need a CVA? Good point but you just know, with the FL, that things really aren't that simple! Link to comment Share on other sites More sharing options...
saint_mears Posted 26 June, 2009 Share Posted 26 June, 2009 Can someone explain to me who the directors are that the administrator reffers to in his statement ? Is that people like lowe, cowen, wilde etc Link to comment Share on other sites More sharing options...
John B Posted 26 June, 2009 Share Posted 26 June, 2009 Can someone explain to me who the directors are that the administrator reffers to in his statement ? Is that people like lowe, cowen, wilde etc Jones and somebody else Not Lowe Wilde etc Link to comment Share on other sites More sharing options...
trousers Posted 26 June, 2009 Share Posted 26 June, 2009 Hi Farmer, Grateful if you could clarify this one for me.... Are the 'group of rich people' that Mickey Fialka is associated with a contractually bound 'consortium' that have specifically joined together (formally) to jointly bid for Southampton Football Club OR are they an informal group of business associates that the likes of Lynam and Le Tissier would call upon for financing on a case-by-case basis. i.e. they have not contracturally joined together as an official 'consortium' to buy SFC ? I believe you or Tony Lynam could answer that one at a high (not detailed) level, and thus not break any NDAs, to put minds at rest. Thank you Link to comment Share on other sites More sharing options...
SaintRichmond Posted 26 June, 2009 Share Posted 26 June, 2009 For me personally now it has nothing to do with Pinnacle. Their time finished this time last week, so why didnt Fry get others in over the weekend. If Pinnacle complete the deal they complete and Im hoping they do. If they dont they dont, thats business! Because, THEY would insist on the same thing as Pinnacle ....... the basic RIGHt to Appeal the - 10 points ....... If Pinnacle cannot persuade the FL to see sense ..... then nobody else will either ......... Therefore, the FL have stymied ANY takeover of SFC Well done Mawhinney Link to comment Share on other sites More sharing options...
Evo Posted 26 June, 2009 Share Posted 26 June, 2009 Can someone explain to me who the directors are that the administrator reffers to in his statement ? Is that people like lowe, cowen, wilde etc Dave Jones (if he's not in his locker, geddit?) and Ken Tointon Link to comment Share on other sites More sharing options...
trousers Posted 26 June, 2009 Share Posted 26 June, 2009 Hi Farmer, Grateful if you could clarify this one for me.... Are the 'group of rich people' that Mickey Fialka is associated with a contractually bound 'consortium' that have specifically joined together (formally) to jointly bid for Southampton Football Club OR are they an informal group of business associates that the likes of Lynam and Le Tissier would call upon for financing on a case-by-case basis. i.e. they have not contracturally joined together as an official 'consortium' to buy SFC ? I believe you or Tony Lynam could answer that one at a high (not detailed) level, and thus not break any NDAs, to put minds at rest. Thank you (excuse me while I bump this to the towards the top of the page...posts tend to get cut adrift a the foot of previous pages. Thanks for your time and understanding) Link to comment Share on other sites More sharing options...
trousers Posted 26 June, 2009 Share Posted 26 June, 2009 Dave Jones (if he's not in his locker, geddit?) and Ken Tointon I can't believe some people still don't know who the current Football Club directors are... Link to comment Share on other sites More sharing options...
krissyboy31 Posted 26 June, 2009 Share Posted 26 June, 2009 I can't believe some people still don't know who the current Football Club directors are... With them being so visible 'n' all!!! Link to comment Share on other sites More sharing options...
The Farmer Posted 26 June, 2009 Share Posted 26 June, 2009 (excuse me while I bump this to the towards the top of the page...posts tend to get cut adrift a the foot of previous pages. Thanks for your time and understanding) I've not been privy to the actual mandate invoked with regards the company set-up behind the initial proposal, or indeed if the set-up behind the initial proposal has been refined in any manner since, so I would not wish to comment on it. I will point Tony toward this thread to see if he has time to reply in due course with regards the question. Link to comment Share on other sites More sharing options...
Joesaint Posted 26 June, 2009 Share Posted 26 June, 2009 I bet the people at the FL are laughing. Just feel as if they could not give a t*ss. If they have they best interests of the game at heart you would at least see evedance of them trying to work something out. Just like in F1 I suppose. Link to comment Share on other sites More sharing options...
Glasgow_Saint Posted 26 June, 2009 Share Posted 26 June, 2009 I've not been privy to the actual mandate invoked with regards the company set-up behind the initial proposal, or indeed if the set-up behind the initial proposal has been refined in any manner since, so I would not wish to comment on it. I will point Tony toward this thread to see if he has time to reply in due course with regards the question. I will look forward to more words and no news or answers. Each time TL writes it leaves more questions than answers! Guy talks about unity and transparency but remains as vague and contradicting as a polished politician. bored of pinnacle now - bring on the swiss! Link to comment Share on other sites More sharing options...
Mole Posted 26 June, 2009 Share Posted 26 June, 2009 I've not been privy to the actual mandate invoked with regards the company set-up behind the initial proposal, or indeed if the set-up behind the initial proposal has been refined in any manner since, so I would not wish to comment on it. I will point Tony toward this thread to see if he has time to reply in due course with regards the question. I think it's time to start distancing yourself mate. Link to comment Share on other sites More sharing options...
SP Saint Posted 26 June, 2009 Share Posted 26 June, 2009 I think it's time to start distancing yourself mate. Like taking a plumbing course for two in Harrogate with exit2? Sorry just a bad joke. Link to comment Share on other sites More sharing options...
OldNick Posted 26 June, 2009 Share Posted 26 June, 2009 I think it's time to start distancing yourself mate.As you would no doubt agree , he has done nothing wrong. I believe it will be others who will have the finger pointed at. Link to comment Share on other sites More sharing options...
Give it to Ron Posted 26 June, 2009 Share Posted 26 June, 2009 Because, THEY would insist on the same thing as Pinnacle ....... the basic RIGHt to Appeal the - 10 points ....... If Pinnacle cannot persuade the FL to see sense ..... then nobody else will either ......... Therefore, the FL have stymied ANY takeover of SFC Well done Mawhinney How many clubs that have been in administration have appealed and actually won? I know of a few that had extra added! Link to comment Share on other sites More sharing options...
Give it to Ron Posted 26 June, 2009 Share Posted 26 June, 2009 I've not been privy to the actual mandate invoked with regards the company set-up behind the initial proposal, or indeed if the set-up behind the initial proposal has been refined in any manner since, so I would not wish to comment on it. I will point Tony toward this thread to see if he has time to reply in due course with regards the question. Please don't we have had enough excuses and lies....although a lot may not of been his fault as he has obviously been duped. The only thing he can say is Pinnacle have completed and that will never happen will it. Link to comment Share on other sites More sharing options...
saint_stevo Posted 26 June, 2009 Share Posted 26 June, 2009 Farmer you still think the pinnacle deal will go thru? s_s Link to comment Share on other sites More sharing options...
The Farmer Posted 26 June, 2009 Share Posted 26 June, 2009 Farmer you still think the pinnacle deal will go thru? s_s Tony is heading towards his 3rd meeting this evening as we speak. I can't enlighten you as to the probability of the outcome of this meeting or/any other meeting over the next couple of days but suffice to say all relevent parties are still actively seeking a solution to the outstanding issues, which are technical issues, not financial. Link to comment Share on other sites More sharing options...
CB Fry Posted 26 June, 2009 Share Posted 26 June, 2009 Because, THEY would insist on the same thing as Pinnacle ....... the basic RIGHt to Appeal the - 10 points ....... If Pinnacle cannot persuade the FL to see sense ..... then nobody else will either ......... Therefore, the FL have stymied ANY takeover of SFC Well done Mawhinney No they haven't you f*cking plank. It's looking more and more like Pinnacle have been posturing over the ten points because they don't actually have the funds to complete the deal. Before it all kicked off there was a general consensus that we didn't like it but we were lumbered with the ten points, and any consortium with their eyes open knew they were buying a club ten points down. They've had more than eighty days to get used to that fact. Link to comment Share on other sites More sharing options...
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