If MLT wasn't linked to Pinnacle what would you think now?

[Scummer]

We don't even know for a fact who stumped up the exclusivity fee, although we do know it wasn't the full half mill for some reason, let alone how they are funding the purchase - is it all debt?

 

Yeah, it was more than that.

[The Rover]

I am becoming increasingly sceptical about this whole set up. I still can see no good reason for the principle not to come forward as asked by GM and FF in previous threads.

 

I agree with jonah's post above - all good points.

 

Also if the delay is all down to minor legal points and a slight misunderstanding with the FL:

 

1. Why is Fry slating the latter for abusing their power (when TL is suggesting a softly softly approach)? and

 

2. Why is Fry talking to other interested parties again (Swiss, Middle East etc)?

 

I would suggest that Fry has no confidence in the ability of Pinnacle to complete the deal and is therefore looking elsewhere.

[The Rover]

Yeah, it was more than that.

 

According to Pinnacle.

 

Elsewhere it has been suggested that Leon Crouch paid it - if so that does nothing to support the credibility of Pinnacle or the enthusiasm of their backer.

[ottery st mary]

Yeah, it was more than that.

 

 

jonah... the Rupert PR machine supported by Ruperts financial whizz kid GM ....have started their last ditch party games....Everyone else is shiiite except the majic one.:smt054

[The Rover]

jonah... the Rupert PR machine supported by Ruperts financial whizz kid GM ....have started their last ditch party games....Everyone else is shiiite except the majic one.:smt054

 

Why are you bringing Rupert into this osm? After all no-one else has even mentioned him.

[jonah]

Yeah, it was more than that.

 

Link? I thought the £500k "exclusivity fee" included the upfront payment for Dyer plus a deposit from Crouch? Why on earth would Pinnacle pay more than they had to?

[ottery st mary]

Why are you bringing Rupert into this osm? After all no-one else has even mentioned him.

 

jonah is here for one reason and it ain't to support Saints or wish the best for our future......He wants Rupert back and that is why he along with his little group of friends will belittle anyone else...but you will see no mention of Jacko or the supporters of jacko:rolleyes:

[jonah]

Why are you bringing Rupert into this osm? After all no-one else has even mentioned him.

 

I'm afraid ottery is showing classic signs of psychopathic behaviour - try searching on 'jonah' and see his obsession! Must be a family trait.

[MusicMan]

OK. Here goes. IMHO with no inside knowledge or facts as such just reading on here could this be close to what’s going on.

 

Right back at the beginning MLT said he would support anyone that would take the club forward. Pinnacle saw this as an opportunity to get the fans “onside”, why they need to be onside I will come to later. LC has always made it clear that he would like to be the head man at the club but got into bed with RL and MW who had other ideas. Back at the start Pinnacle said that they had problems when their consortium walked, this left them looking for a new money man, step up LC. We all know that LC has an amount of money but not enough to buy the club but enough to show others that he was serious and enough to pay some solicitors and accountants also enough to bankroll the clubs wages for a couple of months. Next they need to borrow the money this takes time to set up (like buying a house you maybe ready to go but the bank has to transfer the money into you account) so a little stalling is required start a roomer about a fans favorite player/ manager becoming involved, KK, buys a few more days, oh and lets pick an argument with the FL this will buy a few more days. When the money goes into the bank TL and LC can sign and get the keys to the sweet shop, but if this is the case a load of interest will add up daily, so to make the club look as an up and coming investment it is essential that promotion come the end of the season before LC’s money runs out, hence why getting out of the points deduction is so important. When promotion is gained at the end of the season shares in the club can be offered to the fans (hence fans need to be kept sweet) the money raised from this should be enough to pay off the loan, allow TL a nice handshake so he can go back to running his own business again and re-pay LC the money he has spent but still allowing him to hold on to the keys.

 

This is just my thoughts. Probably not like this at all.

[Scummer]

Link? I thought the £500k "exclusivity fee" included the upfront payment for Dyer plus a deposit from Crouch? Why on earth would Pinnacle pay more than they had to?

 

Tony Lynam stated it live on Radio Solent yesterday morning. It was more than £500k as they had to also provide funding for the Ajax pre season game.

[OldNick]

jonah... the Rupert PR machine supported by Ruperts financial whizz kid GM ....have started their last ditch party games....Everyone else is shiiite except the majic one.:smt054

Well I was more suppoortive of RL than many on here and I categorically say that I dont want him near the club ever again, add the rest of the crew to that as well including the lady you champion

[ottery st mary]

I'm afraid ottery is showing classic signs of psychopathic behaviour - try searching on 'jonah' and see his obsession! Must be a family trait.

 

which family.. pray tell jonah...

[OldNick]

OK. Here goes. IMHO with no inside knowledge or facts as such just reading on here could this be close to what’s going on.

 

Right back at the beginning MLT said he would support anyone that would take the club forward. Pinnacle saw this as an opportunity to get the fans “onside”, why they need to be onside I will come to later. LC has always made it clear that he would like to be the head man at the club but got into bed with RL and MW who had other ideas. Back at the start Pinnacle said that they had problems when their consortium walked, this left them looking for a new money man, step up LC. We all know that LC has an amount of money but not enough to buy the club but enough to show others that he was serious and enough to pay some solicitors and accountants also enough to bankroll the clubs wages for a couple of months. Next they need to borrow the money this takes time to set up (like buying a house you maybe ready to go but the bank has to transfer the money into you account) so a little stalling is required start a roomer about a fans favorite player/ manager becoming involved, KK, buys a few more days, oh and lets pick an argument with the FL this will buy a few more days. When the money goes into the bank TL and LC can sign and get the keys to the sweet shop, but if this is the case a load of interest will add up daily, so to make the club look as an up and coming investment it is essential that promotion come the end of the season before LC’s money runs out, hence why getting out of the points deduction is so important. When promotion is gained at the end of the season shares in the club can be offered to the fans (hence fans need to be kept sweet) the money raised from this should be enough to pay off the loan, allow TL a nice handshake so he can go back to running his own business again and re-pay LC the money he has spent but still allowing him to hold on to the keys.

 

This is just my thoughts. Probably not like this at all.

some of it may be spot on, it could be a leveraged debt, I noticed the other day it said on teletext LC's Pinnacle group

[Gingeletiss]

OK. Here goes. IMHO with no inside knowledge or facts as such just reading on here could this be close to what’s going on.

 

Right back at the beginning MLT said he would support anyone that would take the club forward. Pinnacle saw this as an opportunity to get the fans “onside”, why they need to be onside I will come to later. LC has always made it clear that he would like to be the head man at the club but got into bed with RL and MW who had other ideas. Back at the start Pinnacle said that they had problems when their consortium walked, this left them looking for a new money man, step up LC. We all know that LC has an amount of money but not enough to buy the club but enough to show others that he was serious and enough to pay some solicitors and accountants also enough to bankroll the clubs wages for a couple of months. Next they need to borrow the money this takes time to set up (like buying a house you maybe ready to go but the bank has to transfer the money into you account) so a little stalling is required start a roomer about a fans favorite player/ manager becoming involved, KK, buys a few more days, oh and lets pick an argument with the FL this will buy a few more days. When the money goes into the bank TL and LC can sign and get the keys to the sweet shop, but if this is the case a load of interest will add up daily, so to make the club look as an up and coming investment it is essential that promotion come the end of the season before LC’s money runs out, hence why getting out of the points deduction is so important. When promotion is gained at the end of the season shares in the club can be offered to the fans (hence fans need to be kept sweet) the money raised from this should be enough to pay off the loan, allow TL a nice handshake so he can go back to running his own business again and re-pay LC the money he has spent but still allowing him to hold on to the keys.

 

This is just my thoughts. Probably not like this at all.

 

Keep writing your Fiction.........you'll find a publisher one day;). Flaw in your argument, if, and it's a big if, if what you have fabricated was true, surely LC would be chairman...........just a thought.

[Gingeletiss]

some of it may be spot on, it could be a leveraged debt, I noticed the other day it said on teletext LC's Pinnacle group

 

 

I knew you would agree;), anything negative, and your the man:smt054

[ottery st mary]

Well I was more suppoortive of RL than many on here and I categorically say that I dont want him near the club ever again, add the rest of the crew to that as well including the lady you champion

 

You mean Auntie Mary....Worth a million compared to some of the scroats who spout off on behalf of Rupert.

[jonah]

Tony Lynam stated it live on Radio Solent yesterday morning. It was more than £500k as they had to also provide funding for the Ajax pre season game.

 

OK, well a sound bite on local radio hasn't made it up to London yet I'm afraid :-) I would be interested to hear his exact phrasing out of interest - since when did funding a pre-season game become necessary in order to gain exclusivity in buying a distressed asset from administrators? Or was he saying the administrators raised the deposit requirements above the publicly quoted figure at the last minute?

[MusicMan]

Why is it negative? Whats wrong with fans owning shares if the club is run for the fans?

[ottery st mary]

You mean Auntie Mary....Worth a million compared to some of the scroats who spout off on behalf of Rupert.

 

 

Sorry forgot to mention...Rupert is not even in the same league as Mary Corbett:smt054

[trousers]

Keep writing your Fiction.........you'll find a publisher one day;). Flaw in your argument, if, and it's a big if, if what you have fabricated was true, surely LC would be chairman...........just a thought.

 

Why would Leon Crouch ending up as Chairman be a flaw in MusicMan's theory?

[OldNick]

I knew you would agree;), anything negative, and your the man:smt054

Im not agreeing but saying some maybe spot on. I dont live in your fuzzy all is good world, where just because our hero is at the front all will be fine.

If Pinnacle come up with the wages then we can all join you but if there is another statement saying that the lawyers are looking at a couple of little minor legal matters first, again then Id get a bit more concerned.

[Gingeletiss]

Why would Leon Crouch ending up as Chairman be a flaw in MusicMan's theory?

 

LC has always made it clear that he would like to be the head man at the club Back at the start Pinnacle said that they had problems when their consortium walked, this left them looking for a new money man, step up LC. We all know that LC has an amount of money but not enough to buy the club but enough to show others that he was serious and enough to pay some solicitors and accountants also enough to bankroll the clubs wages for a couple of months.

 

Just the bit that is applicable trousers........that's why I said what I said....a flaw, if he is putting up the money, he will want to be head honcho.

 

IMHO of course..........still, it's fiction;)

[Fitzhugh Fella]

LC has always made it clear that he would like to be the head man at the club Back at the start Pinnacle said that they had problems when their consortium walked, this left them looking for a new money man, step up LC. We all know that LC has an amount of money but not enough to buy the club but enough to show others that he was serious and enough to pay some solicitors and accountants also enough to bankroll the clubs wages for a couple of months.

 

Just the bit that is applicable trousers........that's why I said what I said....a flaw, if he is putting up the money, he will want to be head honcho.

 

IMHO of course..........still, it's fiction;)

 

Last season LC told me face to face he did not want ever to be head man again and would be very happy watching Saints from hospitality box for the rest of his life. I don't neccesarily believe everything LC says but I happen to believe him on that occasion.

[trousers]

LC has always made it clear that he would like to be the head man at the club

 

Just the bit that is applicable trousers........that's why I said what I said....a flaw, if he is putting up the money, he will want to be head honcho.

 

 

Cheers - yep, I got the gist of your point...I was just throwing the devil's advocate hat into the ring by asking what would be the 'flaw' in Crouch being back at the helm (under new ownership). That said, it's an old chestnut debate that one so probably best if I didn't disturb the dust on that one!

[Scummer]

I was just throwing the devil's advocate hat into the ring by asking what would be the 'flaw' in Crouch being back at the helm

 

Surely the flaw is that MLT has been asked to be chairman........

[WIGANSAINT]

getting more annoyed by the day with this bid.

he seems to like the limelight for me a bit too much.

[up and away]

In my eyes what ever happened with Matty would not change my opinion of him. The very last of a dying breed and more importantly he was one of ours. That said I do not hold out any greater hope just because Matty is involved or that his participation guarantees anything. He has been around the edges of some favours for "friends" that I would not go near with a barge pole.

[trousers]

Surely the flaw is that MLT has been asked to be chairman........

 

So, it would be MLT as chairman and Crouch as 'President'...perhaps?

[slickmick]

Pinnacle wouldn't be involved if Matt wasn't the one persuading them to broker the deal.

[OldNick]

Whatever happens MLT will not be tarnished in my eyes if Pinnacle fails

[Frank's cousin]

More likley is .... TL decides it might be a good opportunity to get involved.... he knows MLT through Charity goldf days and asks him if he would be prepared to be involved as the public face... the search is ten on for backers - some come some go and with MLT thrust into the media as a figurehead it draws out a bigger and better backer - but who has imposed certain condityions - 1) it wont be a bottomless pit of cash, teh club must be self relient, 2) he will support the buget shortfall whilst in L1 for teh 2009/10 season, but afterthat you are on your own... 3) the books /contracts show that if not promioted this season, we will have a budget shortfall again next year - therefore its a condition to get promoted - thus the -10 has to go... TL lawyers suggest this is possible/likely so teh waiver thing becomes the sticking point.... stalemate as FL wont budge we know that and TL maybe has his hands tied by the conditions imposed by the backer....?????

[Wopper]

Looks like a scam at the moment.

[1976_Child]

There are two things going for the pinnacle bid:

 

1) MLT is inolved

2) They have already paid £500,000 non refundable, which shows they are serious

[OldNick]

There are two things going for the pinnacle bid:

 

1) MLT is inolved

2) They have already paid £500,000 non refundable, which shows they are serious

 

Yes MLT is a big plus.

If Crouch has paid the deposit as has been stated elsewhere Pinnacle have no more to lose than any of the others who have spent resources getting where they are.

[OldNick]

More likley is .... TL decides it might be a good opportunity to get involved.... he knows MLT through Charity goldf days and asks him if he would be prepared to be involved as the public face... the search is ten on for backers - some come some go and with MLT thrust into the media as a figurehead it draws out a bigger and better backer - but who has imposed certain condityions - 1) it wont be a bottomless pit of cash' date=' teh club must be self relient, 2) he will support the buget shortfall whilst in L1 for teh 2009/10 season, but afterthat you are on your own... 3) the books /contracts show that if not promioted this season, we will have a budget shortfall again next year - therefore its a condition to get promoted - thus the -10 has to go... TL lawyers suggest this is possible/likely so teh waiver thing becomes the sticking point.... stalemate as FL wont budge we know that and TL maybe has his hands tied by the conditions imposed by the backer....?????[/quote']

or TL knows MLT and says he has backers. MLT understandably wants the club to survive puts his weight behind the deal. Fry tells TL that he is about to give exclusivity to MJ's bid, Pinnacle panic and without the moneymen fully on board jump the gun and LC pays the deposit.Moneyman then will not commit with the -10 on board unless reduced price or they get it waived. I hope by putting this up it all is wrong and Farmer has announced the wages are paid and so its all systems go

[alpine_saint]

Whatever happens MLT will not be tarnished in my eyes if Pinnacle fails

 

Mine too. He has done what he can, and been let down by others.

[OldNick]

Mine too. He has done what he can, and been let down by others.

He hasnt been let down yet Alps. It may fall apart but today is not over and there is time yet. MLT said last night it may take another 48hours.

[The9]

I have to say that I am very worried about MLT's position! Initially I was impressed with TL and his honesty. However, I know nothing about the bid except trhat Pinnacle is a very small bit part player... etc

 

What I think, MLT involved or not, is "get on with it".

[captain sensible]

36 hours ago I was criticised for asking that the money man should reveal himself to prove Pinnacle are genuine. Since then TL has made some contradictory statements that has weakened my confidence and to be frank if it wasn't for MLT's presence and the thought of reading another "a Jackson fronted consortium story" in the Echo I would be close to thinking it was never going to happen.

 

Because of MLT I will keep the faith a little longer but there really has to be some proper news today.

 

 

Sorry Chaps, but MLT is not infallible, even though you might like to think he is. Basically he's been told to come on Lynam's side to make the bid look credible, in return for being "crowned" Chairman! MLT was a great player in his time, but his time is over, and he's nothing more than a pundit these days, unless he has been studying to get his degree in some kind of Buisness Management that I'm not aware of, I don't want the guy anywhere near the financial decision making at the club. Where he might have been helpful to the club would have been in the coaching dept, but no, he thinks he's entitled to be chairman because everyone calls him "Le God". Its a load of old tosh, and MLT....welcome back to the real world!

[Wopper]

Sorry Chaps, but MLT is not infallible, even though you might like to think he is. Basically he's been told to come on Lynam's side to make the bid look credible, in return for being "crowned" Chairman! MLT was a great player in his time, but his time is over, and he's nothing more than a pundit these days, unless he has been studying to get his degree in some kind of Buisness Management that I'm not aware of, I don't want the guy anywhere near the financial decision making at the club. Where he might have been helpful to the club would have been in the coaching dept, but no, he thinks he's entitled to be chairman because everyone calls him "Le God". Its a load of old tosh, and MLT....welcome back to the real world!

 

Doubt if he could do any worst than the half wit he will replace.

[captain sensible]

Doubt if he could do any worst than the half wit he will replace.

 

 

Which halfwit in particular, as there seems to be a few of them?

[sadoldgit]

It was a very clever move getting Matty involved. If he puts his name to something we are bound to follow because of his hero status. TL is doing the man of the people bit and keeping people happy here (what about the fans who do not have internet access) but other than these two and the word that Crouch will also be on the board, what on easrth do we know about the money man? Nothing. Without Matty's involvement I would be treating this in the same way I would Marc Jackson's efforts.

I appreciate that these things take time, but this is taking an age.

I wil treat this from now as the Paul Allen hoax and only finally believe it when the ink is dry on the page.

[sadoldgit]

jonah is here for one reason and it ain't to support Saints or wish the best for our future......He wants Rupert back and that is why he along with his little group of friends will belittle anyone else...but you will see no mention of Jacko or the supporters of jacko:rolleyes:

 

Ottery dear chap, I know you are away with the faeries but this is a bit rich. If you had ever bother to read Jonah's post you would know that he was not a great fan of Lowe and was more than happy to see him gone if replaced with someone better.

 

Jonah was very sceptical about the Wilde Bunch and his insticts proved to be 100% right.

 

Any Sanits supporter worth his salt should be wary of any situation that does not smell right. To date I think more and more people are getting cold feet over Pinnacle. Face it, with Matty on board the outfit would be getting ripped to shreads by now, in fact it is already starting!!

[Saint Fan CaM]

There really is a lot of drivel on here and even from some posters I thought were intelligent.

 

WHY can some of you not get the fact that the problem is NOTHING to do with -10 points!!! It is EVERYTHING to do with not having the option to appeal and the rationale the FL have specified for that decision which could seriously affect the position the club finds itself in at some stage in the future. Get over the -10 points - that is small fry compared to the bigger picture.

[Mole]

Without Matty's involvement I would be treating this in the same way I would Marc Jackson's efforts.

 

Steady on. There's only one Wacko Jacko.

[sadoldgit]

There really is a lot of drivel on here and even from some posters I thought were intelligent.

 

WHY can some of you not get the fact that the problem is NOTHING to do with -10 points!!! It is EVERYTHING to do with not having the option to appeal and the rationale the FL have specified for that decision which could seriously affect the position the club finds itself in at some stage in the future. Get over the -10 points - that is small fry compared to the bigger picture.

 

I think the bigger pictures has something to do with "show us the money".

 

Frankly at this poing 10 points means nothingto me, I am more concerned with Pinnacle and what Pinnacle actually is, because it is certainly not Matt Le Tissier.

[modern matron]

There really is a lot of drivel on here and even from some posters I thought were intelligent.

 

WHY can some of you not get the fact that the problem is NOTHING to do with -10 points!!! It is EVERYTHING to do with not having the option to appeal and the rationale the FL have specified for that decision which could seriously affect the position the club finds itself in at some stage in the future. Get over the -10 points - that is small fry compared to the bigger picture.

 

Sorry I must have missed it - what is the bigger picture? As I see it it all revolves around the right to appeal the loss of 10 points (even though the penalty is within the spirit of league rules).

 

I want to know who Pinnacle are - TL sems a nice bloke, but so what? Nothing is happening and the new season looms......!

 

Please enlighten me what the big picture is?