Update from Tony Lynam 1:45pm Monday 22/06/09

[Ruffo]

Simply put, Pinnacle is trying to reduce as much risk as they can. The consortium could lose millions if it has to stay in Div 1 for an extra season.

[saint michael]

Everything I have heard from you so far Tony has been respectful of all parties and

if this is the line you will take us down as a club I am sure it will bring the future we all hope for. thanks for taking the time and for thinking of us

[cellone]

ESB. It was a bit of a frustrated rant.

 

A1. Half was a bit ott, maybe a third. %Those who are fretting about a passion they can not quiet fill the remainder, bar 1/24 who are a mixture of %p!ss takers, rumour merchant's, itker's and dynamic agenda shapers.

 

%= Me

[thornhill_saints]

Everyone miss this?

 

Today, 07:17 AM

Son of Bob

Administrator

 

Join Date: Nov 2006

Location: in the 3rd Division.

Posts: 2,080

 

 

 

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Dear All forum users, and fans alike

 

It's now the early hours of Tuesday morning, and before we sign off for the night, I thought you might appreciate some clarity, though appreciate that most of the fans who use this medium might not read this until tomorrow (by which time, this could well have been superseded).

 

Clearly the Football Leagues position as announced this evening is of disappointment. However, discussions are on-going seeking to resolve this as quickly as possible. The League have a duty and responsibility for all of its members, so they have a different opinion to my own concerning certain aspects of our license (I only care about Southampton Football Club, whilst respecting other members in the right manner). The Administrators have made their position clear in their statement this evening, and it is pleasing to see that their views (which are totally independent to our own) are along the same lines as ours.

 

I am still awaiting information from the League concerning their position and I should hope to have this without delay. This is not something I (nor my colleagues) can influence – rather one of those things which will happen as part of a normal process.

 

We are not at loggerheads with the League. I have made this clear via other mediums this evening - we are working together for an acceptable solution to an issue, so please treat the League with the respect that they deserve. I spoke with 3 officials from the League today and whilst the content of those discussions will always remain confidential, I can assure you that the League are working hard to find an acceptable solution to this issue. Finger pointing and blame culture isn't going to resolve this. Rationale thinking and adult debate will, and common sense, law and the rule book will ensure a mutually agreeable outcome.

 

I can only imagine too well how deeply frustrating this is for all of you - none more so than myself, but we remain totally committed and confident that our takeover will be concluded shortly, thus enabling us to get on with the important challenge ahead, putting Southampton Football Club back on the map for the right reasons. Please also spare a thought for all the staff at the Club who are working in difficult circumstances – they are top of our list of priorities, and so they should be.

 

Thank you for your continued support, and I truly hope that these final hurdles will be out of the way without further delay.

 

With kind regards

Tony

[trousers]

Dear All forum users, and fans alike

 

If one logically dissects Tony's opening line (which of course I would never do), is he suggesting that not all forum users are fans....?

[Evo]

I think you can say it's likely just a function of the time of day Trousers. Thunk Chrost my pists are'nt helde to thu seme stundards of spilling

[Beer Engine]

Simply put, Pinnacle is trying to reduce as much risk as they can. The consortium could lose millions if it has to stay in Div 1 for an extra season.

 

 

Yes I agree - and who can blame Pinnacle for attempting some positive risk management.

 

What surprises me is that it took them until the day before completion to address the issue. I really don't understand that.

 

Having said that, if the price Pinnacle pay for the club goes down then they will presumably have more cash to flash on a manager and players ...?

[saintjay77]

Yes I agree - and who can blame Pinnacle for attempting some positive risk management.

 

What surprises me is that it took them until the day before completion to address the issue. I really don't understand that.

 

Having said that, if the price Pinnacle pay for the club goes down then they will presumably have more cash to flash on a manager and players ...?

 

Trouble is there are supposed to be other parties that are interested and no doubt they will be paying a similar price to what pinnacle already had agreed. not much room for pinnacle to get the price down if thats the case.

 

If the league were in the right there is no reason why they shouldnt allow an appeal. as it should just prove they made the right decission and we can all move on. it looks like they dont want egg on there face IMO