Gordon Mockles Posted 30 June, 2009 Share Posted 30 June, 2009 You were saying Gordon. Kind Regards Morph Arrogant & smug are traits I'd expect with a certain ex chairman but I expect better of you! If you speak with Duncan & had your PM facility active, you would have received an apology today, as Duncan did. Seems I made a Crouch like error of judgement. However, I'm wasn't privvy to any further information that you may have heard & I just judged what I saw. Seems Mr Lynam convinced a fair few of us fools eh?! Let's see if your buddy Salz can revive our rapidly suffocating club eh?! As you said, Let the professionals have a go! Link to comment Share on other sites More sharing options...
spain saint Posted 30 June, 2009 Share Posted 30 June, 2009 IMHO there is no need to apologise Gordon. You, me and many other people were taken in by all of this. Including Morph, FF and GM at the start! I don't remember any of them having doubts until about 2 weeks in! Don't pander to their over inflated egos! Chin up mate its not over yet!! Link to comment Share on other sites More sharing options...
Ashley Grute Posted 1 July, 2009 Share Posted 1 July, 2009 Does anyone out there think it would be worth trying to arrange a march on SMS to try and drum up more attention to our plight? If we could get several thousand fans and the local and national media involved,maybe it might appeal to someone to come and save us at the last minute! I would definitely give up my saturday if it might lead to saving our great club! Link to comment Share on other sites More sharing options...
sotonjoe Posted 1 July, 2009 Share Posted 1 July, 2009 I'm ready to go and support our new non-league club tbh. The appeal of queuing for tea and a burger from some dodgy trailor and switching ends to stand behind the other goal at half-time is there. Link to comment Share on other sites More sharing options...
Truesaint Posted 1 July, 2009 Share Posted 1 July, 2009 To be honest i cant take much more of this! To be frank i dont care who saves us anymore or even who plays and who our manager is. I just want my club to be there to support, anything other than this is just too bleak to consider. I suppose the only thing that keeps any of us believing is that we are all so used to believing that things may come good after all the dross we have to put up with over the years. There is part of me that always wants to believe that we will fight back and win a game at 0-2 down, even though we hardly ever do, and even so always manage to snatch defeat from the jaws of victory. maybe just for once fate owes us a good turn.......please! Link to comment Share on other sites More sharing options...
Viking Warrior Posted 1 July, 2009 Share Posted 1 July, 2009 Is it true that the person Morph refers to is Mr S Then why has he only waited till the 11th hour to make an offer or was he just waiting to rake around the bargin basement bin to pick up the club for the nominal £1. This was mentioned somewhile back thant everything will go to the wire and someone will come in and do a Ken Bates. Im not stating that this is the case re Morphs post but it was something that was suggested previously. As long as the club survives and I can buy a season ticket then I care little who buys the club now. Link to comment Share on other sites More sharing options...
Ian the Red Posted 1 July, 2009 Share Posted 1 July, 2009 Latest rumours/sightings: 8 people from the Swiss consortium at St Mary's yesterday for talks with Fry. Deal expected to go through quickly. KD going as new goalkeeper already lined up. How reliable is the source...... not sure but thought the above might give a little hope to all. Link to comment Share on other sites More sharing options...
thorpie the sinner Posted 1 July, 2009 Share Posted 1 July, 2009 It will need to!!! I wonder if the NHS will bear the brunt of all our mental health problems??? Link to comment Share on other sites More sharing options...
Katalinic Posted 1 July, 2009 Share Posted 1 July, 2009 Latest rumours/sightings: 8 people from the Swiss consortium at St Mary's yesterday for talks with Fry. Deal expected to go through quickly. KD going as new goalkeeper already lined up. How reliable is the source...... not sure but thought the above might give a little hope to all. Are they in white suits? Don't we already have Forecast Bart and Poke (sound like a firm of Accountants)? Link to comment Share on other sites More sharing options...
Give it to Ron Posted 1 July, 2009 Share Posted 1 July, 2009 Are they in white suits? Don't we already have Forecast Bart and Poke (sound like a firm of Accountants)? I think Bart is out of contract. Link to comment Share on other sites More sharing options...
Katalinic Posted 1 July, 2009 Share Posted 1 July, 2009 I think Bart is out of contract. Actually I think you are right, as is Poke I believe - Forecast is on some long term 5 year contract as well I seem to recall. Link to comment Share on other sites More sharing options...
sussexsaint Posted 1 July, 2009 Share Posted 1 July, 2009 Is the lady with the nice legs back? Link to comment Share on other sites More sharing options...
fish fingers Posted 1 July, 2009 Share Posted 1 July, 2009 Is the lady with the nice legs back? this is most important. can we please have some clarification on the lady with nice legs. Link to comment Share on other sites More sharing options...
saintbletch Posted 1 July, 2009 Share Posted 1 July, 2009 Is it true that the person Morph refers to is Mr S Then why has he only waited till the 11th hour to make an offer or was he just waiting to rake around the bargin basement bin to pick up the club for the nominal £1. This was mentioned somewhile back thant everything will go to the wire and someone will come in and do a Ken Bates. Im not stating that this is the case re Morphs post but it was something that was suggested previously. As long as the club survives and I can buy a season ticket then I care little who buys the club now. From what I've read on here I think a more charitable spin on your self-answered question would be that he perhaps recognises that he can't offer enough to satisfy the creditors so will let others buy the club unless, there is no offer for the club then he will step in with a bid to keep the club in existence. Link to comment Share on other sites More sharing options...
dubai_phil Posted 1 July, 2009 Share Posted 1 July, 2009 Is it true that the person Morph refers to is Mr S Then why has he only waited till the 11th hour to make an offer or was he just waiting to rake around the bargin basement bin to pick up the club for the nominal £1. This was mentioned somewhile back thant everything will go to the wire and someone will come in and do a Ken Bates. Im not stating that this is the case re Morphs post but it was something that was suggested previously. As long as the club survives and I can buy a season ticket then I care little who buys the club now. Anyone who was a freaked out conspiracy theorist would be more worried by the trail of events, rather than by the up front Pantomime horses we've had. The club is only worth around 8mil, and yet anyone offering that figure has by the looks of it been kicked straight out with little respect or ceremony. Only those idiotic fans who have pushed their (alleged) moneymen to make an extra step have got anywhere. So question 1) is Why did we only get the Pantomime Horses (as everyone believes them to have been)? The club needs around 4 mil cash investment to be properly stabilised so that it should be a 12mil deal. Anyone looking at 2008/9 estimated figures will see OpEx at almost DOUBLE our Income..... which will scare many sensible people away, unless you have a good idea where you can cut costs and the wage bill. IMHO the PROBKEM seems to be that add ons and with the structure of the admin of SLH being totally geared to proving SFC Ltd is a going concern have pushed the price demanded by Fry up towards a technical value of 15mil, making it almost a 20mil deal. That is one hell of a lot of money for a L1 side in the current economic environment. So a lot of questions - WHY? Why did some non Director allegedly visit Roger Fry at Barclays a couple of days before our overdraft was mysteriously withdrawn? A story that I heard whhile sitting in the mud at Glasto and that still waits to be dropped like a WMD into the melting pot Why did a deal with the council to take over the Stadium appear to be on the table within days of admin but then vanished? Why did we learn that Salz would pay a figure (my memory recalls 4mil being mentioned on here) but only when all else failed? Why did Fry structure the admin in such a manner? Why did Pinnacle offer such a high CASH figure? Which then meant that anyone else coming in had to beat that number AND add other deferrals from cash flow making it almost impossible to do anything except asset strip simply to survive THIS season? Who and WHY actually leaked the information that Pinnacle's bid was "giving cause for concern". I got sh*t for it before, but that leak originated in the City of London. It reached me from a family friend who is an Insolvency Practicioner almost a week before it came out on here? And why when all legal counsel had been taken, did nobody from SFC Ltd actually meet with the FL BEFORE reaching completion? That is still a going concern so SURELY Dave Jones should have had that paperwork already to go? After all he IS being paid to run the CLUB. The cynic in me still thinks that is an awfully convenient excuse for an exit strategy.... IF you take a step back from running with the Pitchforks, as a couple of my non-Saints fans mates down here have done, then it really is a strange sequence of events and almost as if it is being played out to a plan. Anyway had a nice flight - them A380's are mighty nice pieces of machinery, and thanks EricofArabia for the 20 minute hold before landing here last night - you swine! Link to comment Share on other sites More sharing options...
Evo Posted 1 July, 2009 Share Posted 1 July, 2009 The important question is, did the nice lady in the white suit turn up in a police boat or a tractor? Link to comment Share on other sites More sharing options...
sotonjoe Posted 1 July, 2009 Share Posted 1 July, 2009 this is most important. can we please have some clarification on the lady with nice legs. +1 Are there any pics of the lady with the nice legs? Link to comment Share on other sites More sharing options...
Give it to Ron Posted 1 July, 2009 Share Posted 1 July, 2009 Interesting post Dubai Phil but there is also a big revenue stream to come in from ST's which will reduce that 20m figure. Link to comment Share on other sites More sharing options...
krissyboy31 Posted 1 July, 2009 Share Posted 1 July, 2009 From what I've read on here I think a more charitable spin on your self-answered question would be that he perhaps recognises that he can't offer enough to satisfy the creditors so will let others buy the club unless, there is no offer for the club then he will step in with a bid to keep the club in existence. From what we ascertained, other bidders, Pinnacle etc.. were prepared to pay much more than the Salz party were. It seams to me that Salz' valuation is somewhat more realistic than Pinnacle's. I suspect that the 2(?) bids on the table are now considerably less than Pinnacles, probably still more than Salz rescue package but at least Fry and the creditors are going to have to be more conservative on their valuation. Link to comment Share on other sites More sharing options...
Foxy Posted 1 July, 2009 Share Posted 1 July, 2009 Anyone who was a freaked out conspiracy theorist would be more worried by the trail of events, rather than by the up front Pantomime horses we've had. The club is only worth around 8mil, and yet anyone offering that figure has by the looks of it been kicked straight out with little respect or ceremony. Only those idiotic fans who have pushed their (alleged) moneymen to make an extra step have got anywhere. So question 1) is Why did we only get the Pantomime Horses (as everyone believes them to have been)? The club needs around 4 mil cash investment to be properly stabilised so that it should be a 12mil deal. Anyone looking at 2008/9 estimated figures will see OpEx at almost DOUBLE our Income..... which will scare many sensible people away, unless you have a good idea where you can cut costs and the wage bill. IMHO the PROBKEM seems to be that add ons and with the structure of the admin of SLH being totally geared to proving SFC Ltd is a going concern have pushed the price demanded by Fry up towards a technical value of 15mil, making it almost a 20mil deal. That is one hell of a lot of money for a L1 side in the current economic environment. So a lot of questions - WHY? Why did some non Director allegedly visit Roger Fry at Barclays a couple of days before our overdraft was mysteriously withdrawn? A story that I heard whhile sitting in the mud at Glasto and that still waits to be dropped like a WMD into the melting pot Why did a deal with the council to take over the Stadium appear to be on the table within days of admin but then vanished? Why did we learn that Salz would pay a figure (my memory recalls 4mil being mentioned on here) but only when all else failed? Why did Fry structure the admin in such a manner? Why did Pinnacle offer such a high CASH figure? Which then meant that anyone else coming in had to beat that number AND add other deferrals from cash flow making it almost impossible to do anything except asset strip simply to survive THIS season? Who and WHY actually leaked the information that Pinnacle's bid was "giving cause for concern". I got sh*t for it before, but that leak originated in the City of London. It reached me from a family friend who is an Insolvency Practicioner almost a week before it came out on here? And why when all legal counsel had been taken, did nobody from SFC Ltd actually meet with the FL BEFORE reaching completion? That is still a going concern so SURELY Dave Jones should have had that paperwork already to go? After all he IS being paid to run the CLUB. The cynic in me still thinks that is an awfully convenient excuse for an exit strategy.... IF you take a step back from running with the Pitchforks, as a couple of my non-Saints fans mates down here have done, then it really is a strange sequence of events and almost as if it is being played out to a plan. Anyway had a nice flight - them A380's are mighty nice pieces of machinery, and thanks EricofArabia for the 20 minute hold before landing here last night - you swine! Phil, fair lines of enquiry - although dealing with the first and possibly most important point (that of pantomime horses) did not even the takeovers of Chelsea and Manchester City go through internmediaries? Given the pantomime connection I sit back and await cries of 'oh no they didn't' Link to comment Share on other sites More sharing options...
gordonToo Posted 1 July, 2009 Share Posted 1 July, 2009 Why did some non Director allegedly visit Roger Fry at Barclays a couple of days before our overdraft was mysteriously withdrawn? Crouch? Link to comment Share on other sites More sharing options...
dubai_phil Posted 1 July, 2009 Share Posted 1 July, 2009 Phil, fair lines of enquiry - although dealing with the first and possibly most important point (that of pantomime horses) did not even the takeovers of Chelsea and Manchester City go through internmediaries? Given the pantomime connection I sit back and await cries of 'oh no they didn't' Unfortunately because of NDA's we never get to see or hear who the actual money men (IF any) are. So that leaves - the "Believers" who understand that they want to stay confidential and that Fry has really done his due dilligence and the "Pitchfork sharpeners" who know for certain that there are no moneymen, just egos! Meanwhile, Syria is one of my favourite places down here to visit, great place for a different holiday. They are not members of the WTO and as such don't bother to comply with many world-wide patents etc. They have a locally produced generic Viagra which they call Vega. It is about 1/10th the cost of Viagra but is very good at keeping you up. That could one day be an interesting coincidence Link to comment Share on other sites More sharing options...
dubai_phil Posted 1 July, 2009 Share Posted 1 July, 2009 Interesting post Dubai Phil but there is also a big revenue stream to come in from ST's which will reduce that 20m figure. Actually the maths depended on the salary levels for the playing side. To have kept and added in order to produce a strong squad to push on for a playoff spot with the 10 points, and ST prices near to where fans would like them to be, then that revenue stream actually gets burned up very fast... It would be one hell of a gamble to take the club over without that level of resource to turn to over the next 12-24 months. If you recall, Rupert TRIED to run the club woithout the safety net once before and where did that get us? Link to comment Share on other sites More sharing options...
thorpie the sinner Posted 1 July, 2009 Share Posted 1 July, 2009 Unfortunately because of NDA's we never get to see or hear who the actual money men (IF any) are. So that leaves - the "Believers" who understand that they want to stay confidential and that Fry has really done his due dilligence and the "Pitchfork sharpeners" who know for certain that there are no moneymen, just egos! Meanwhile, Syria is one of my favourite places down here to visit, great place for a different holiday. They are not members of the WTO and as such don't bother to comply with many world-wide patents etc. They have a locally produced generic Viagra which they call Vega. It is about 1/10th the cost of Viagra but is very good at keeping you up. That could one day be an interesting coincidence And back to Ramon Vega we go lol Link to comment Share on other sites More sharing options...
trousers Posted 1 July, 2009 Share Posted 1 July, 2009 Why did some non Director allegedly visit Roger Fry at Barclays a couple of days before our overdraft was mysteriously withdrawn? A story that I heard whhile sitting in the mud at Glasto and that still waits to be dropped like a WMD into the melting pot Any idea who and when is likely to reveal the answer to that one Phil? Or are we never likely to know? cheers. And why when all legal counsel had been taken, did nobody from SFC Ltd actually meet with the FL BEFORE reaching completion? That is still a going concern so SURELY Dave Jones should have had that paperwork already to go? After all he IS being paid to run the CLUB. That's the very question I've been asking for days, weeks, months....what have the CURRENT directors of SFC Ltd been doing this last 3 months and how much have they been paid for doing it? Link to comment Share on other sites More sharing options...
Saint Billy Posted 1 July, 2009 Share Posted 1 July, 2009 Interesting!! http://www.dailyecho.co.uk/sport/saints/news/4467910.Football_League_hit_out_at_Pinnacle/ Link to comment Share on other sites More sharing options...
thorpie the sinner Posted 1 July, 2009 Share Posted 1 July, 2009 Interesting!! http://www.dailyecho.co.uk/sport/saints/news/4467910.Football_League_hit_out_at_Pinnacle/ can't get link up, what does it say? Link to comment Share on other sites More sharing options...
Saint Billy Posted 1 July, 2009 Share Posted 1 July, 2009 can't get link up, what does it say? Basically this and a bit more. "The Football League said there was no major issue raised with them other than the right to appeal the ten-point deduction". Link to comment Share on other sites More sharing options...
gordonToo Posted 1 July, 2009 Share Posted 1 July, 2009 THE Football League have hit out at Pinnacle over the supposed reasons for their takeover collapsing. Pinnacle claimed they had agreed to accept a ten-point deduction imposed by the league, which comes into effect at the start of the season. However, they said there were “other issues” that had arisen with them late in the day that they could not overcome. A source has told the Daily Echo Pinnacle were fearful of further sanctions and wanted a guarantee they would not receive any. But the Football League said there was no major issue raised with them other than the right to appeal the ten-point deduction. A league spokesman said Pinnacle had been in receipt of a contract from them for over a week and, to proceed, only needed to provide clarification in regard to funding. “We are very surprised by the comments that other conditions, allegedly imposed by the League, led to the Pinnacle Group withdrawing from their proposed takeover of Southampton Football Club,” said the spokesman. “Throughout our discussions no conditions other than a waiver in regard to sporting sanctions have ever been raised with us as a major issue. “The Pinnacle Group has been in receipt of a contract from the League for over a week now. “To proceed, all it needed to do was to provide clarification in regard to funding and sign the contract.” Link to comment Share on other sites More sharing options...
Draino76 Posted 1 July, 2009 Share Posted 1 July, 2009 Brilliant. The final nail eh Tony. So there is no real panic about minus 17, 27 or 30. We just need a backer to take minus 10 on the chin, as we morally should, get KK and MLT, with bigger renewed supporter interest and make the playoffs. Simples. Link to comment Share on other sites More sharing options...
Foxy Posted 1 July, 2009 Share Posted 1 July, 2009 can't get link up, what does it say? Dubai Phil might be able to point you in the way of some reasonably priced assistance in that respect 8-) Link to comment Share on other sites More sharing options...
Fowllyd Posted 1 July, 2009 Share Posted 1 July, 2009 Why did some non Director allegedly visit Roger Fry at Barclays a couple of days before our overdraft was mysteriously withdrawn? A story that I heard whhile sitting in the mud at Glasto and that still waits to be dropped like a WMD into the melting pot How can you ask why something happened, when you have only an allegation that it actually did happen? If it happened and there's proof that it did then go ahead and ask why, but as it stands this is just another unsubstantiated rumour. The fact you heard it at Glastonbury doesn't exactly add anything to its credibility. Link to comment Share on other sites More sharing options...
itchen Posted 1 July, 2009 Share Posted 1 July, 2009 Arrogant & smug are traits I'd expect with a certain ex chairman but I expect better of you! If you speak with Duncan & had your PM facility active, you would have received an apology today, as Duncan did. Seems I made a Crouch like error of judgement. However, I'm wasn't privvy to any further information that you may have heard & I just judged what I saw. Seems Mr Lynam convinced a fair few of us fools eh?! Let's see if your buddy Salz can revive our rapidly suffocating club eh?! As you said, Let the professionals have a go! I don't think you need to apologise. Like most of us, you went on the published "facts" that Pinnacle had put a large sum into the club for exclusivity (between £100,000 and £1,000,000) and that Fry had seen proof of funds. This made them a credible bidder. Assuming all parties were telling the truth, and I can't see why Fry should lie, it still baffles me why Pinnacle were prepared to write off a large investment, including their own costs, if they weren't serious. The League are saying that the only point of dispute was the 10 points so I no longer buy that excuse. So why did the money man, and I believe there must have been one for the bid to get that far, throw his initial investment away and pull out? Link to comment Share on other sites More sharing options...
NickG Posted 1 July, 2009 Share Posted 1 July, 2009 I am still pretty hopeful things will be sorted out with a positive outcome this week. I think the Pinnacle group were very keen, gained a great deal of credibility due to MLT - to give both a good positive PR start and a football input, and Crouch with experience of the club. I believe they agreed quite quickly to the price Fry offered. I think Fry started having doubts when they were not close to completing as the exclusivity deal ran out. Fry already, and local press, started making more positive soundings about the Swiss rather than Pinnacle. I suspect the Swiss saw their financial priorities to pay off debts and to invest into the future - not pay a big price for the club. Often businesses elsewhere in administration are bought for a very small amount. I understand the Swiss were talking with Fry late into the night and their deal is a simpler, more formal structure - very easy and quick for them to go ahead should they reach agreement. There is another party, from a tax free existence, not as advanced. I don't know that it will all be alright, but there are definitely interested parties and a seller desperate to sell - that usually means there will be a sale agreed! Link to comment Share on other sites More sharing options...
SaintRichmond Posted 1 July, 2009 Share Posted 1 July, 2009 Basically this and a bit more. "The Football League said there was no major issue raised with them other than the right to appeal the ten-point deduction". Which basically means that MLT was given a load of Kr*p to tell is in front of camera ..... whereas what Pinnacle REALLY meant was ...... "WE DON'T HAVE THE MONEY" To use MLT in such a way is despicable IMHO .. Simples Link to comment Share on other sites More sharing options...
dubai_phil Posted 1 July, 2009 Share Posted 1 July, 2009 How can you ask why something happened, when you have only an allegation that it actually did happen? If it happened and there's proof that it did then go ahead and ask why, but as it stands this is just another unsubstantiated rumour. The fact you heard it at Glastonbury doesn't exactly add anything to its credibility. To answer you and Trousers Why did this rumour emerge that something did happen...? So rather than charging down the detail and timings and stuff of the actual meeting, I was trying to question why would somebody have bothered to mention something like this into the "ether"? I'm sort of trying to step back and look at a general trend, rather than looking into the actual details of every single rumour. This just popped up in a conversation and it seemed as odd as the City rumours - so I'm sort of saying why and whom and for what reason, instead of looking for the dates and minutes and attendees... Does the general trend give an indication that someone in the background has stitched this all up? Or is playing games? Being a puppet master? Which leads to my general concern - was the whole admin thing done in such a way to make it actually impossible to buy the club? Probably not Was it done in such a way as to make it DIFFICULT to buy the club? Was it done in such a way as to make the admin last for a long time and earn higher fees? Was it a pre-packed stitch-up? (And another really way out there idea - NSS was a TL advocate and a Skate. Was the whole thing a Skate wind-up to kill the club?) And no I don't believe that for a minute but.. It's a general thought process trying to put together pieces of the jigsaw having been offline for a week Link to comment Share on other sites More sharing options...
trousers Posted 1 July, 2009 Share Posted 1 July, 2009 Which leads to my general concern - was the whole admin thing done in such a way to make it actually impossible to buy the club? Probably not Was it done in such a way as to make it DIFFICULT to buy the club? Was it done in such a way as to make the admin last for a long time and earn higher fees? Was it a pre-packed stitch-up? Wouldn't Lowe be shouting 'foul play' from the roof tops if he'd been 'stitched up' though....? Unless....nah, can't even bring myself to write the 'unless' part....far too far fetched even for a conspiracy theorist of my caliber... Link to comment Share on other sites More sharing options...
ottery st mary Posted 1 July, 2009 Share Posted 1 July, 2009 I am still pretty hopeful things will be sorted out with a positive outcome this week. I think the Pinnacle group were very keen, gained a great deal of credibility due to MLT - to give both a good positive PR start and a football input, and Crouch with experience of the club. I believe they agreed quite quickly to the price Fry offered. I think Fry started having doubts when they were not close to completing as the exclusivity deal ran out. Fry already, and local press, started making more positive soundings about the Swiss rather than Pinnacle. I suspect the Swiss saw their financial priorities to pay off debts and to invest into the future - not pay a big price for the club. Often businesses elsewhere in administration are bought for a very small amount. I understand the Swiss were talking with Fry late into the night and their deal is a simpler, more formal structure - very easy and quick for them to go ahead should they reach agreement. There is another party, from a tax free existence, not as advanced. I don't know that it will all be alright, but there are definitely interested parties and a seller desperate to sell - that usually means there will be a sale agreed! Makes sense to an idiot like me.....My only problem is...Whenever did Fry ask or seek some proof of funds....Or was it not ever requested of Fialka and friends... As others say something does NOT add up...SHOW us the colour of your money must come into the initial stages sooner or later to prevent wasting time....ala Jacko and his empty suitcase....Sometimes even GM is right.:smt118.. Link to comment Share on other sites More sharing options...
sussexsaint Posted 1 July, 2009 Share Posted 1 July, 2009 I am still pretty hopeful things will be sorted out with a positive outcome this week. I think the Pinnacle group were very keen, gained a great deal of credibility due to MLT - to give both a good positive PR start and a football input, and Crouch with experience of the club. I believe they agreed quite quickly to the price Fry offered. I think Fry started having doubts when they were not close to completing as the exclusivity deal ran out. Fry already, and local press, started making more positive soundings about the Swiss rather than Pinnacle. I suspect the Swiss saw their financial priorities to pay off debts and to invest into the future - not pay a big price for the club. Often businesses elsewhere in administration are bought for a very small amount. I understand the Swiss were talking with Fry late into the night and their deal is a simpler, more formal structure - very easy and quick for them to go ahead should they reach agreement. There is another party, from a tax free existence, not as advanced. I don't know that it will all be alright, but there are definitely interested parties and a seller desperate to sell - that usually means there will be a sale agreed! Thanks Nick that is a great summary - doesn't fit exactly with the Echo story today which suggests the 'other' lot are closer but at least it is a ray of hope - can you give any indication of how you know all this? Link to comment Share on other sites More sharing options...
NickG Posted 1 July, 2009 Share Posted 1 July, 2009 mix of reports, some my opinion, some from within club. Link to comment Share on other sites More sharing options...
SFC Forever Posted 1 July, 2009 Share Posted 1 July, 2009 Sounds far too sinister but we are talking Southampton FC and anything seems to go nowadays. A lot of these questions will probably never be answered unless by someone ready for a law suit. Link to comment Share on other sites More sharing options...
mulletsaint Posted 1 July, 2009 Share Posted 1 July, 2009 To answer you and Trousers Why did this rumour emerge that something did happen...? So rather than charging down the detail and timings and stuff of the actual meeting, I was trying to question why would somebody have bothered to mention something like this into the "ether"? I'm sort of trying to step back and look at a general trend, rather than looking into the actual details of every single rumour. This just popped up in a conversation and it seemed as odd as the City rumours - so I'm sort of saying why and whom and for what reason, instead of looking for the dates and minutes and attendees... Does the general trend give an indication that someone in the background has stitched this all up? Or is playing games? Being a puppet master? Which leads to my general concern - was the whole admin thing done in such a way to make it actually impossible to buy the club? Probably not Was it done in such a way as to make it DIFFICULT to buy the club? Was it done in such a way as to make the admin last for a long time and earn higher fees? Was it a pre-packed stitch-up? (And another really way out there idea - NSS was a TL advocate and a Skate. Was the whole thing a Skate wind-up to kill the club?) And no I don't believe that for a minute but.. It's a general thought process trying to put together pieces of the jigsaw having been offline for a week Apologies if I've missed something (been speed reading!), but your thought processes and questions in respect of it all being planned, seem to be leading only one way. If it was all planned, the people who put the club into admin would have to be pretty much involved in those plans. Wonder who that was…? Link to comment Share on other sites More sharing options...
Clifford Nelson Posted 1 July, 2009 Share Posted 1 July, 2009 Could somebody, please, let me know what the foundation is for Salz's name to keep cropping up. He seems very absent from where I am standing. Link to comment Share on other sites More sharing options...
sussexsaint Posted 1 July, 2009 Share Posted 1 July, 2009 mix of reports, some my opinion, some from within club. If the Swiss have the cash are happy with the agreement and have had these meetings have any of your sources within the club any insight as to how quickly this could all be resolved then? *clutches madly at straws* Link to comment Share on other sites More sharing options...
shurlock Posted 1 July, 2009 Share Posted 1 July, 2009 (edited) Could somebody, please, let me know what the foundation is for Salz's name to keep cropping up. He seems very absent from where I am standing. A very good mutual friend met him in London on Monday afternoon. Was told that a positive announcement was imminent and that Salz had had a hand in things. No reason for the friend to BS me- a household name in his own field and not a Saints fan i.e. no reason to see an empty glass brimming full. Even with the collapse of the Pinnacle bid-and Salz's public announcements suggest he knew nothing of it- part of me remained pretty confident yest (though obviously shocked). Dont want to push - just let professionals get on with it. Edited 1 July, 2009 by shurlock Link to comment Share on other sites More sharing options...
Joesaint Posted 1 July, 2009 Share Posted 1 July, 2009 Love to think that Man U are still bitter. http://www.manchesterunited-mad.co.uk/news/loadnews.asp? We did something right back then and 'if' we can be saved there is no bigger incentive but to get back where we belong. Link to comment Share on other sites More sharing options...
buctootim Posted 1 July, 2009 Share Posted 1 July, 2009 A very good mutual friend met him in London on Monday afternoon. Was told that a positive announcement was imminent and that Salz had had a hand in things. No reason for the friend to BS me- a household name in his own field and not a Saints fan i.e. no reason to see empy glass brimming full. Even with the collapse of the Pinnacle bid-and Salz's public announcements suggest he knew nothing of it- part of me remained pretty confident yest (though obviously shocked). Dont want to push - just let professionals get on with it. Very positive! Link to comment Share on other sites More sharing options...
Fowllyd Posted 1 July, 2009 Share Posted 1 July, 2009 To answer you and Trousers Why did this rumour emerge that something did happen...? So rather than charging down the detail and timings and stuff of the actual meeting, I was trying to question why would somebody have bothered to mention something like this into the "ether"? I'm sort of trying to step back and look at a general trend, rather than looking into the actual details of every single rumour. This just popped up in a conversation and it seemed as odd as the City rumours - so I'm sort of saying why and whom and for what reason, instead of looking for the dates and minutes and attendees... Does the general trend give an indication that someone in the background has stitched this all up? Or is playing games? Being a puppet master? Which leads to my general concern - was the whole admin thing done in such a way to make it actually impossible to buy the club? Probably not Was it done in such a way as to make it DIFFICULT to buy the club? Was it done in such a way as to make the admin last for a long time and earn higher fees? Was it a pre-packed stitch-up? (And another really way out there idea - NSS was a TL advocate and a Skate. Was the whole thing a Skate wind-up to kill the club?) And no I don't believe that for a minute but.. It's a general thought process trying to put together pieces of the jigsaw having been offline for a week Fair enough, Phil - let's call it a query over your initial wording then... Personally though, I'll go for the c*ck-up rather than conspiracy explanation every time. Which would give a resounding answer of 'no' to each and every one of your questions above. Sh1t happens, I do believe. And, in the absence of concrete information, rumour, speculation (often wild) and gossip will always abound. Link to comment Share on other sites More sharing options...
paris Posted 1 July, 2009 Share Posted 1 July, 2009 Thanks Mr G i find you snipetts of info quite comforting... mix of reports, some my opinion, some from within club. Link to comment Share on other sites More sharing options...
Tac-tics Posted 1 July, 2009 Share Posted 1 July, 2009 So are we expecting to hear something today? Link to comment Share on other sites More sharing options...
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