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Posted

I think we are all frustrated beyond belief, this is like a never ending nightmare. I also agree that tl has been given alot of time & patience from us the fans. Quite rightly, if mlt was not heavily involved tl would be getting no end of **** now. However to his credit tl has been good to comunicate with us whenever possible. The fact remains however is that I trust mlt implicitly so I am prepared to trust tl on this - but they need to tie this up sharpish as patience only goes so far.

Posted
:D Are my eyebrows in there somewhere!

 

LOL! I am just getting so fed up with the conspiracy theories. Seems like the real word, and how things are done in it, goes right over some people's heads. Whoosh!

Posted
It's about the denial of the right to appeal, which Mawhinny originally stated we would have, and is obviously a right EVERYONE has in all walks of life. It's not that Pinnacle have just found out we can't get rid of -10 points, it's that they've just found out that the League are blackmailing them into waiving their right to appeal.

 

When you're spending a lot of money on something and you find out that you can't appeal against a decision which could cost you even more money, you don't just say "oh ok fair enough", you at least try and do something about it.

 

Spot on N and F !!

 

They must be concerned, if they won't grant a basic legal right, and INSIST on it being inserted in any contract, before they "rubber stamp" us playing in their league !! It stinks.

Posted
Spot on N and F !!

 

They must be concerned, if they won't grant a basic legal right, and INSIST on it being inserted in any contract, before they "rubber stamp" us playing in their league !! It stinks.

 

+1

It's called blackmail in other walks of life.

Posted

While i am still backing MLT, TL and the pinnacle bid, my nerves can't stand it anymore. What I am going to do is stop following football for a few days till friday and then look for some real news because at the moment this just feels like an endless rollercoaster.

Posted

It would take an army of cryptographers weeks to discern any meaning in the Football League statement. How this leaves the deal is not clear. Whether or not this shows that Pinnacle is lacking either funds or business acumen is certainly not clear so I'm not sure why we have one or two "Chicken Littles" running around screeching that the sky is falling in.

 

My assumption is that Pinnacle are reviewing what the League has said (which is surely more than is in the public statement) and deciding whether or not their investment will make sense financially. Whoever the money person is may or may not want to make a profit but they sure as Hell won't want to throw away more than necessary.

 

The fact that the deal hasn't been concluded is frustrating and annoying. However, like almost everybody posting here, I have no idea of what is really going on the scenes and so I'll stay away from the more hysterical reactions. Not least because whatever I do or think will make not a jot of difference to the eventual outcome.

 

So relax. One way or another the club will be sold to someone and will compete in League One next season. Or it won't. Unless you have a few million to spare, there's nothing you can do about it so why start taking sides and falling out with each other?

Posted
I know what you're saying, but some of the replies to this thread are down right disgusting. Maybe it's because lot's of the posters are too young to remember what MLT did for us, i don't know, but i remember him well and he's more than a legend - he's Mr Southampton. If you can't trust MLT then are you really worthy of being a Saint?

 

It is one thing trusting Matt, but what if he is being used?

Posted

Judging by the statement on the OS, it would appear the FL are also in contempt of the agreement with the FA re natural justice. Lets hope the lawyers can untangle this to a satisfactory connclusion one way or another not only for Saints but Football clubs in general.

Posted
doesnt sound as optomistic as one may hope

 

To be fair he rarely sounds optimistic. This is the man who called a meeting with staff, told them they wouldnt get paid and to wait another week then less than 24 hours later Pinnacle get the period of exclusivity and staff got paid !!!

 

He is right about the incredible abuse of power however !!

I would take the bastards to the court of human rights.......after the deal is done ;)

Posted

 

"an incredible abuse of power". Well said Mr Fry. Damn right it is. If the FL are that sure they are correct to impose the penalty then they should be happy to face an appeal. That is the whole point of the appeals process. They have obviously ****ed up and are looking more and more foolish.

 

****ing idiots the lot of them.

(not Fry and Pinacle, obviously)

Posted
doesnt sound as optomistic as one may hope

 

 

No it doesn't.

 

Poncing about whining about "natural justice" is not the behaviour we were expecting from Pinnacle.

 

Take the ten points, ******** to appealing it, ******** to "natural justice" - we can't win, ever, ever ever - and get on with buying this club, or p*ss off out of it.

 

I am starting to believe Pinnacle might just be full of sh*t.

Posted

I'd imagine MLT had the good sense to meet the backer face to face and seek some sort of proof that they were legitimate before throwing his name behind the pinnacle bid

Posted

He is right about the incredible abuse of power however !!

I would take the bastards to the court of human rights.......after the deal is done ;)

 

**** the human rights bull****. "natural justice" is us lot going to the FL HQ and "having a little chat".

 

;)

Posted

If Pinnacle are serious, they will get the deal tied up tomorrow. And preferably in the morning. If they leave it any longer and any one of the other bids are serious, then Fry will need to enter into an exclusivity period with another bid in order to get the wages paid on Thursday.

 

Given Pinnacle's existing investment (though not the full 500k, probably not far off it), and also the words from Matty and TL, I remain convinced of their determination to buy the club.

 

I have been saying from the moment this FL issue came up that it isn't so much to do with the 10 points, but more about getting clarification from the FL as to what circumstances are required to have the notice of withdrawal withdrawn (and probably also that we won't receive any additional points reduction). And quite right they were to seek this clarification. Although it may not be the answer that Pinnacle wanted, nonetheless they have their answer from the FL.

 

So there is now nothing to stop them concluding the deal, and I believe they have to do it immediately in the morning if they want to avoid being frozen out by an exclusivity period with another party.

Posted
I'd imagine MLT had the good sense to meet the backer face to face and seek some sort of proof that they were legitimate before throwing his name behind the pinnacle bid

 

One would hope.

Posted
Poncing about whining about "natural justice" is not the behaviour we were expecting from Pinnacle.

 

well they have a point though dont they ?

its all very well being Billy Big Balls about it but would you feel the same if it was your £15 million ? I know i wouldnt.

Posted
If Pinnacle are serious, they will get the deal tied up tomorrow. And preferably in the morning. If they leave it any longer and any one of the other bids are serious, then Fry will need to enter into an exclusivity period with another bid in order to get the wages paid on Thursday.

 

Given Pinnacle's existing investment (though not the full 500k, probably not far off it), and also the words from Matty and TL, I remain convinced of their determination to buy the club.

 

I have been saying from the moment this FL issue came up that it isn't so much to do with the 10 points, but more about getting clarification from the FL as to what circumstances are required to have the notice of withdrawal withdrawn (and probably also that we won't receive any additional points reduction). And quite right they were to seek this clarification. Although it may not be the answer that Pinnacle wanted, nonetheless they have their answer from the FL.

 

So there is now nothing to stop them concluding the deal, and I believe they have to do it immediately in the morning if they want to avoid being frozen out by an exclusivity period with another party.

 

Good post. good point about early tomorrow too

Posted
If Pinnacle are serious, they will get the deal tied up tomorrow. And preferably in the morning. If they leave it any longer and any one of the other bids are serious, then Fry will need to enter into an exclusivity period with another bid in order to get the wages paid on Thursday.

 

Given Pinnacle's existing investment (though not the full 500k, probably not far off it), and also the words from Matty and TL, I remain convinced of their determination to buy the club.

 

I have been saying from the moment this FL issue came up that it isn't so much to do with the 10 points, but more about getting clarification from the FL as to what circumstances are required to have the notice of withdrawal withdrawn (and probably also that we won't receive any additional points reduction). And quite right they were to seek this clarification. Although it may not be the answer that Pinnacle wanted, nonetheless they have their answer from the FL.

 

So there is now nothing to stop them concluding the deal, and I believe they have to do it immediately in the morning if they want to avoid being frozen out by an exclusivity period with another party.

 

Have to agree totally with all that.

Posted
I am starting to come around to this way of thinking too. This whole thing is becoming a little farcical and Pinnacle are starting to lose my confidence. Now is the time for them to come into the open, tell us who the money man is, stump up the cash and let's get cracking. Too much talk not enough action from TL.

I am starting think along the same lines as well.

Posted
If Pinnacle are serious, they will get the deal tied up tomorrow. And preferably in the morning. If they leave it any longer and any one of the other bids are serious, then Fry will need to enter into an exclusivity period with another bid in order to get the wages paid on Thursday.

 

Given Pinnacle's existing investment (though not the full 500k, probably not far off it), and also the words from Matty and TL, I remain convinced of their determination to buy the club.

 

I have been saying from the moment this FL issue came up that it isn't so much to do with the 10 points, but more about getting clarification from the FL as to what circumstances are required to have the notice of withdrawal withdrawn (and probably also that we won't receive any additional points reduction). And quite right they were to seek this clarification. Although it may not be the answer that Pinnacle wanted, nonetheless they have their answer from the FL.

 

So there is now nothing to stop them concluding the deal, and I believe they have to do it immediately in the morning if they want to avoid being frozen out by an exclusivity period with another party.

 

Good post, remains to be seen whether you are right though.

Posted

MLT is a hero, I trust him all the way.

 

Not easy being in limbo, but I really want pinnical to be the new owners. My impression of them so far is they are not only true professionals at what they do but, also seem to understand there responsibility to the club and fans.

 

COYR and step up MLT

Posted
**** the human rights bull****. "natural justice" is us lot going to the FL HQ and "having a little chat".

 

;)

 

Post of the day!

Count me in.

:D

Posted

You have to read between the lines of the Football league statement. There was no " the fine stands, take it or **** off" or anything close to that as you might have imagined.

Fair play to TL and Pinnacle, i think we've probably got them over a barrel and they know it.

Posted

On the debit side

 

All of a sudden, this consortium doesn't seem so clever.

 

1. Any further delays now are damaging the club big style.

2. If Pinnacle are so smart, why was the 'sticking point' not anticipated and dealt with within the 21 days?

3. If they are definitely going to buy the club, why not sign up now and focus on building a team capable of making up the ten points and still win the league!

4. Is 'Mr Big' pulling out, or perhaps he doesn't exist at all?

5. Why is Fry not saying/doing anything?

6. Of the only alternative bids, we have either a complete nutter or a phantom 'mystery bidder' possibly Swiss but certainly full of holes?

 

On the credit side.......................

 

Tony says everthing will be okay.

Posted
No it doesn't.

 

Poncing about whining about "natural justice" is not the behaviour we were expecting from Pinnacle.

 

Take the ten points, ******** to appealing it, ******** to "natural justice" - we can't win, ever, ever ever - and get on with buying this club, or p*ss off out of it.

 

I am starting to believe Pinnacle might just be full of sh*t.

 

Anyway natural justice doesn't apply to debtors. The PLC/Club owes money,natural justicewould involve paying it all back 100%.

Posted

Be calm everyone, Mr Andrews has assured us that his ship is unsinkable and Mr Chamberlain has promised " peace in our time " , so just trust what people say and ...... relax !

Posted

If someone wrote a novel or a TV Soap opera of all this, the critics would tell us that the story was an unbelievable flight of fancy; no reality.

Ah well, after 10 years of the mushroom treatment, a few more hours of suffering...................................

Posted
well they have a point though dont they ?

its all very well being Billy Big Balls about it but would you feel the same if it was your £15 million ? I know i wouldnt.

 

My response to the above is the excellent point below.

 

Anyway natural justice doesn't apply to debtors. The PLC/Club owes money,natural justicewould involve paying it all back 100%.

 

We'll be debt free with a £30m stadium we paid about £10m for at the end of this when it comes.

 

Where's the natural justice for our creditors, then?

Posted
On the debit side

 

All of a sudden, this consortium doesn't seem so clever.

 

1. Any further delays now are damaging the club big style. Is that even possible?

2. If Pinnacle are so smart, why was the 'sticking point' not anticipated and dealt with within the 21 days? FL curveball

3. If they are definitely going to buy the club, why not sign up now and focus on building a team capable of making up the ten points and still win the league! Hey, that's actually a really good idea!

4. Is 'Mr Big' pulling out, or perhaps he doesn't exist at all? Do you honestly think the bid would get this far without having to prove funds?

5. Why is Fry not saying/doing anything? See OS.

6. Of the only alternative bids, we have either a complete nutter or a phantom 'mystery bidder' possibly Swiss but certainly full of holes? What do you know of the Swiss bid? What about the 2 other potential bids?

 

On the credit side.......................

 

Tony says everything will be okay.

48 hours maximum and we will know for sure, won't we?

Posted
My response to the above is the excellent point below.

 

 

 

We'll be debt free with a £30m stadium we paid about £10m for at the end of this when it comes.

 

Where's the natural justice for our creditors, then?

 

But really the FL are 100% right,we ripped people off, now the penalty has

to be paid.Otherwise anyone could run up unpayable debts and sneak out on some loophole.

Posted
48 hours maximum and we will know for sure, won't we?

 

We have to, if we don't - then it's over for Pinnacle and we'll go round the houses with another 21day exclusivity period. And that will cause all our out of contract players to give up and go IMO.

Posted
My response to the above is the excellent point below.

 

 

 

We'll be debt free with a £30m stadium we paid about £10m for at the end of this when it comes.

 

Where's the natural justice for our creditors, then?

 

I see your privvy to all the finer details......oh silly me, it's CB Fry scaremongering again.................who's to say Pinnicle haven't done a deal with Aviva, now we have two viewpoints!!!

Posted
We have to, if we don't - then it's over for Pinnacle and we'll go round the houses with another 21day exclusivity period. And that will cause all our out of contract players to give up and go IMO.

 

In a nutshell...

Posted
We have to, if we don't - then it's over for Pinnacle and we'll go round the houses with another 21day exclusivity period. And that will cause all our out of contract players to give up and go IMO.

 

What Euell and BWP?

Fµcking good job too

Posted
I see your privvy to all the finer details......oh silly me, it's CB Fry scaremongering again.................who's to say Pinnicle haven't done a deal with Aviva, now we have two viewpoints!!!

 

What?? What do you think Pinnacle have been doing for the past two months if you think they haven't done a deal to take on the stadium debt? :rolleyes:

 

They obviously have done a deal with Aviva, but it won't be for Aviva's benefit, will it.

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