Update from Tony Lynam - 16.10 24th June

[WestSaint]

A deal can be done but not yet at any price. The paperwork has to be watertight so that the new club can start trading with the knowledge that there are no hidden 'nasties' that can come to the fore in the future. I applaud them for doing it professionally and correctly and there is no doubt everyone wants the deal brokered as soon as possible as TL intimated when he referred to the cartoon suggesting the tyre be replaced by a lawyer or two !!

[SaintIT]

Appreciate the update. And it sounds positive.

[St David]

I'm sure Tony is doing everything to get this deal done, let's just keep positive and look forward to the good times that are soon coming our way

[Badger]

People on here will moan about anything. We're on the verge of something potentially very positive, ...

The deal will go through, they're not dragging it out for the fun of it.

 

Or possibly on the verge of the deals collapse,and total oblivion.

 

but I sincerely hope you are right.

[HILL HEAD SAINT]

are we any more forward now than 24hours ago? On the first reading of the statement it doesn't look that way. There does not seem to be a guarentee that the wages are to be paid.

If they have paid a 7 figure sum so far then it would be fair to say any other bids that have got to that stage must be close to 6 figures.If Fry is still talking to MJ's group they will be in for high fees as well. I know he is seen as a fantascist but how many of those out there have that much money to waste?

Pinnacle please sign and then we dont have any more worries.

this from a lowe luvie!!!!!!!!!

[kpturner]

We have had songs, now let's have films!

We already did that in a thread started by DT didn't we?

[Mole]

Thanks for the update Tony.

[torsaint]

Suspect the real problem is the Football League. For a better idea of who runs football I suggest you all go to see The Damned United and pay particular attention to Derby's Board of Directors. Uneducated buffoons the lot of them.

[shurlock]

Suspect the real problem is the Football League. For a better idea of who runs football I suggest you all go to see The Damned United and pay particular attention to Derby's Board of Directors. Uneducated buffoons the lot of them.

 

Anyone read Tim Parks "A Season with Verona"? A great book - the best football book I've read- with some great insights, amongst other things, into what its like to be a smaller club at the mercy of the powers that be.

[Wade Garrett]

are we any more forward now than 24hours ago? On the first reading of the statement it doesn't look that way. There does not seem to be a guarentee that the wages are to be paid.

If they have paid a 7 figure sum so far then it would be fair to say any other bids that have got to that stage must be close to 6 figures.If Fry is still talking to MJ's group they will be in for high fees as well. I know he is seen as a fantascist but how many of those out there have that much money to waste?

Pinnacle please sign and then we dont have any more worries.

 

Why? Jackson is a fantasist as you say. He doesn't have a pot to p*ss in. I'll bet he doesn't have any backers either. He's just a royal pain in the arse.

Edited 24 June, 2009 by Wade Garrett
Put Fry instead of Gump. Sorry.

[CB Fry]

If it's as 'dramatic' as that why are we not seeing more daily coverage in the national press?

 

 

Because no one gives a flying f*ck about L1. And its the summer.

[INFLUENCED.COM]

Why? Fry is a fantasist as you say. He doesn't have a pot to p*ss in. I'll bet he doesn't have any backers either. He's just a royal pain in the arse.

 

You don't mean Fry, do you ?

[Wade Garrett]

You don't mean Fry do you ?

 

Sorry, meant Forrest Gump Jackson. Going to edit now.

[OldNick]

Trouble is nick, you and many others on here, have exactly that, egos, you really do think that your opinions count, and that you should have a big say in things. As I have said previously, this forum is a small part of the fan base, but many feel that they should have the biggest say.

 

The man has taken time out, to yet again, let us know what's going on, but that's not good enough for some, because he's not saying what they want to here, then he's a tyre kicker (by the way Tony, it was an insult). Get real, give them some breathing space.

Ginge you really dont have a clue about me. I have no thoughts that my opinions count a jot in TL or hte clubs mind. I like others come on to debate and let the frustrations out about something I have foolishly made important in my life.

In fact I take the mickey out of myself for letting people kicking a bag of leather around cause me to fret.One day we will meet and Im sure we will have a better view of each other

[OldNick]

this from a lowe luvie!!!!!!!!!

Ill in the Head I have no ties to RL and will as ever support the club whoever is in charge.It wont be not turning up as I dont like the chairman.

[Leslie Charteris]

So the reason for the delay is to make sure the announcement is made on a Friday...

 

... or more likely to get a cast iron legal agreement with the Football League that they will not add any more points to the 10 already deducted. -10 is manageable, -25 means you have to get 75 or more to be out of the drop zone at the end of the season. Not good for ticket sales.

[Red_No_7]

my guess is some fans are badgering the football league, and all this ITK info:rolleyes: the football league are receiving is actually delaying the discussions and decisions that need to be made...just a hunch...

 

there are so many complex points of view at the moment, lets just all give these guys a bit more time! (as has been asked).

 

matty is a clever guy and believe me they are working tirelessly behind the scenes getting everything together.

 

hasn't there been another matter of de-listing the shares, which i'd imagine cant be done in a day.:confused:

 

so lets just all sit tight until there is a definate yes or no to pinnacle completing the takeover...and i'd guess it's gonna be a yes, 100%.

 

its mark frys job to work on alternative options, but who does everyone trust to look after saints more than anyone else?

 

Matty surely:)

[Ed Rooney]

I'm just gob-smacked by the attitudes of some of the people on here.

 

A few weeks ago it looked like we weren't going to have a club to support next year.

 

Now thanks to this guy and his team we are not only within a whisker of not only keeping our club, but also having MLT at the helm, potentially a really exciting manager the likes of which we wouldn't have dreamed of until recently, and a united fan base for the first time in a decade.

 

Not only that, but he/they take the time out to write articulate, professional, updates to keep us all updated.

 

And some people have a pop at him??

 

If I was him reading some of these responses I'd be seriously questioning whether it was all worth the f*cking bother.

 

Wind your necks in will you, you're acting like spoilt children. Let him finish the job.

 

Tony and team, I for one think you're conducting yourselves in a fantastic fashion, can't wait for you to resolve the last few bits and bobs with the FL to complete the deal, and will be eternally grateful for you saving the club I love.

 

Ditto, some on here just come on for a rant. Obviously their partners wear the trousers and maybe this site allows them to release pent up frustrations.

[Viking Warrior]

If this deal goes to rat **** will we be looking to put Mark Fry and TL in the same category as Barry the Briefcase by any chance. Pinnacle have had a lot longer than the 21 days exclusivity to sort out all the problems.

 

I am getting concerned and extremely worried that Mark Fry is procrasitinating

yet again in this whole process. Does he not realise not only will the creditors

get nothing niether will he if he is uncapable of making a decision re the club

either tell pinnacle to put up or expunge them from the equation.

 

Also Is it not time to appoint another Administrator

 

Or is Mark Fry a Skate in Disguise and will be come the New Le God of Fratton Park when we Saints cease to exist.

[dannysfc]

Saw The South Today Saints Update Just Now And I Swear I Heard Them Say That If The Players, Staff, etc Don't Get Paid Tomorrow Then They Could Take Legal Action And May Possibly Leave Which I Obviously Don't Want To Happen But We'l See Won't We !

It May Just Be Me But I Am Also Starting To Worry Whether This Takeover Will Happen Which I'm Sure It Will !

COYR!!

[Wade Garrett]

If this deal goes to rat **** will we be looking to put Mark Fry and TL in the same category as Barry the Briefcase by any chance. Pinnacle have had a lot longer than the 21 days exclusivity to sort out all the problems.

 

I am getting concerned and extremely worried that Mark Fry is procrasitinating

yet again in this whole process. Does he not realise not only will the creditors

get nothing niether will he if he is uncapable of making a decision re the club

either tell pinnacle to put up or expunge them from the equation.

 

Also Is it not time to appoint another Administrator

 

Or is Mark Fry a Skate in Disguise and will be come the New Le God of Fratton Park when we Saints cease to exist.

 

 

Go and have a couple of beers. You think too much.

[Viking Warrior]

Wade

 

Thats the problem I have had a few beers already trying to sort out the Jet lag. This news or lack of news is so depressing.

 

I hope they find the missing cat at least we can have one happy ending

[benjii]

I suspect the situation is that Pinnacle require the FL to accept that their statement that the " rest of the League's Insolvency Rules will apply" is stupid. These rules include the requirement to exit administration with a CVA. The reason it is stupid to try and apply the rules in this case is because the PLC will not exit admin; it will be wound up following an asset sale. This sale is apparently satisfactory to the creditors (or at least a majority who would be able to approve a CVA, were one needed). The point of the rule is to protect creditors; therefore in our case the rule is substantively and pragmatically of no effect or benefit, notwithstanding that it is inapplicable in any case.

 

I suspect Pinnacle are seeking an assurance that no further point penalty will be levied in the absence of a CVA. I suspect the FL are being obstinate old ****s because they fear that an acknowledgment that their Insolvency Rules are inapplicable and ill-equipped to deal with this situation will weaken the pretence upon which they applied the 10 point penalty in the first place.

 

Unerstandably, Pinnacle are not going to waive all and every right of appeal if there is a prospect of a further 10 or 15 points, which would probably equate to relegation, being applied. This would make the proposition before their investor a completely different one.

[Saint Cupelix]

I'm just gob-smacked by the attitudes of some of the people on here.

 

A few weeks ago it looked like we weren't going to have a club to support next year.

 

Now thanks to this guy and his team we are not only within a whisker of not only keeping our club, but also having MLT at the helm, potentially a really exciting manager the likes of which we wouldn't have dreamed of until recently, and a united fan base for the first time in a decade.

 

Not only that, but he/they take the time out to write articulate, professional, updates to keep us all updated.

 

And some people have a pop at him??

 

If I was him reading some of these responses I'd be seriously questioning whether it was all worth the f*cking bother.

 

Wind your necks in will you, you're acting like spoilt children. Let him finish the job.

 

Tony and team, I for one think you're conducting yourselves in a fantastic fashion, can't wait for you to resolve the last few bits and bobs with the FL to complete the deal, and will be eternally grateful for you saving the club I love.

 

couldn't agree more best post on here.

[aintforever]

I'm guessing they are after assurances from the FL that we will not get the additional -15 when the deal is completed.

[derry]

Steve Grant who is a corporate lawyer, a director of Warner Goodman Commercial, made some interesting comments in the Echo.

 

" It gives the impression it wasn't the right decision in the first place. In corporate law the holding company and the trading company are treated as separate financial entities.

 

Surely the Football League rules should be clear and unambiguous with regards to that.

 

Look at Norwich. Delia Smith is a separate entity to Norwich City FC.

If Delia Smith was declared bankruptthen Norwich City wouldn't have any points deducted.

 

For the Football League to ride roughshod over 100 years of corporate law in this country is highly unjust.

 

The right of appeal is a major part of British law. That's why British law is recognised all over the world.

 

If the Football League believe their rules are clear then why do they fear an appeal?

 

Generally in all forms of corporate law if you believe you have grounds for appeal then you are entitled to one.

 

Sometimes courts rule against an appeal if they feel the case is so clear.

 

The Football League are not operating within the standards expected in a country like ours.

 

Saints fans have been through enough without being held to ransom in this way."

 

-----------------------------------------------------------------------

 

It could be the sticking point is signing means losing all the means of rectification not just the appeal.

[derry]

Wade

 

Thats the problem I have had a few beers already trying to sort out the Jet lag. This news or lack of news is so depressing.

 

I hope they find the missing cat at least we can have one happy ending

 

Go and get your head down Mike, It'll all look different in the morning.

I suppose it's not dark until midnight up there but if you are tired enough it'll work.

[SFC Forever]

Time is of the essence yet it appears nobody is in a great rush to seal the deal. There must be a point when it will be to late and we are going to be made to fight with the players we have. If we have a club and players, that is. As soon as the players are unpaid they can walk. How many we want to keep will no longer be of any concern.

Please hurry up and seal the deal.

[um pahars]

It reads precisely as I have been telling people and getting shouted down for the last couple of days.

 

They are in negotiation, its a bit of a stand off, the League are probably being extreme in threatening non entry to the league, and Pinnacle are probably being extreme in threatening to drag the league through the courts and hold up an entire season of football.

 

I personally think the League have a far stronger case than we do, but it takes time to settle a negotiation as any union negotiator or high level sales trader will tell you.

 

I am keeping the faith that this will happen and don't doubt the commitment. But it is MLT that makes me believe these people.

 

I agree. As with a number of clubs coming out of administration (or not) there has always been dialogue, negotiation and hopefully compromise.

 

Pinnacle have every right to try and get the best deal possible for us and for them, and whilst I also doubt they'll get it overturned I have no problem with them giving it a go and also trying to ensure our position is clear going forward.

 

My faith is also kept going not least because they've spent a sizeable sum so far!!!!

[dan17]

I'm just gob-smacked by the attitudes of some of the people on here.

 

A few weeks ago it looked like we weren't going to have a club to support next year.

 

Now thanks to this guy and his team we are not only within a whisker of not only keeping our club, but also having MLT at the helm, potentially a really exciting manager the likes of which we wouldn't have dreamed of until recently, and a united fan base for the first time in a decade.

 

Not only that, but he/they take the time out to write articulate, professional, updates to keep us all updated.

 

And some people have a pop at him??

 

If I was him reading some of these responses I'd be seriously questioning whether it was all worth the f*cking bother.

 

Wind your necks in will you, you're acting like spoilt children. Let him finish the job.

 

Tony and team, I for one think you're conducting yourselves in a fantastic fashion, can't wait for you to resolve the last few bits and bobs with the FL to complete the deal, and will be eternally grateful for you saving the club I love.

 

Couldn't agree more. Well said

[um pahars]

I'm just gob-smacked by the attitudes of some of the people on here.

 

A few weeks ago it looked like we weren't going to have a club to support next year.

 

Now thanks to this guy and his team we are not only within a whisker of not only keeping our club, but also having MLT at the helm, potentially a really exciting manager the likes of which we wouldn't have dreamed of until recently, and a united fan base for the first time in a decade.

 

Not only that, but he/they take the time out to write articulate, professional, updates to keep us all updated.

 

And some people have a pop at him??

 

If I was him reading some of these responses I'd be seriously questioning whether it was all worth the f*cking bother.

 

Wind your necks in will you, you're acting like spoilt children. Let him finish the job.

 

Tony and team, I for one think you're conducting yourselves in a fantastic fashion, can't wait for you to resolve the last few bits and bobs with the FL to complete the deal, and will be eternally grateful for you saving the club I love.

 

Spot on.

 

They've given us another month at the very least and considering I don't see many other White Knights riding oer the horizon, then I'm more than happy for them to be doing their best.

[Cunning Stunt]

I'm just gob-smacked by the attitudes of some of the people on here.

 

A few weeks ago it looked like we weren't going to have a club to support next year.

 

Now thanks to this guy and his team we are not only within a whisker of not only keeping our club, but also having MLT at the helm, potentially a really exciting manager the likes of which we wouldn't have dreamed of until recently, and a united fan base for the first time in a decade.

 

Not only that, but he/they take the time out to write articulate, professional, updates to keep us all updated.

 

And some people have a pop at him??

 

If I was him reading some of these responses I'd be seriously questioning whether it was all worth the f*cking bother.

 

Wind your necks in will you, you're acting like spoilt children. Let him finish the job.

 

Tony and team, I for one think you're conducting yourselves in a fantastic fashion, can't wait for you to resolve the last few bits and bobs with the FL to complete the deal, and will be eternally grateful for you saving the club I love.

 

Spot on and thank god someone is talking a bit of sense.

 

Its obvious Pinnacal are doing everything in their power to try and stop the FL deducting a further 15 points.

 

No one in their right mind would want to take a club on facing -25 when their business plan has been based around -10, not without a serious piece of renegotiation with the administrators who let us not forget put this deal together.

 

Pinnacals client has spent £1M + on saving our club and people still think they are not for real. *roll eyes thing*

 

I for one thank you for all your hard work Mr Lynam.

[Redondo Saint]

Steve Grant who is a corporate lawyer, a director of Warner Goodman Commercial, made some interesting comments in the Echo.

 

" It gives the impression it wasn't the right decision in the first place. In corporate law the holding company and the trading company are treated as separate financial entities.

 

Surely the Football League rules should be clear and unambiguous with regards to that.

 

Look at Norwich. Delia Smith is a separate entity to Norwich City FC.

If Delia Smith was declared bankruptthen Norwich City wouldn't have any points deducted.

 

For the Football League to ride roughshod over 100 years of corporate law in this country is highly unjust.

 

The right of appeal is a major part of British law. That's why British law is recognised all over the world.

 

If the Football League believe their rules are clear then why do they fear an appeal?

 

Generally in all forms of corporate law if you believe you have grounds for appeal then you are entitled to one.

 

Sometimes courts rule against an appeal if they feel the case is so clear.

 

The Football League are not operating within the standards expected in a country like ours.

 

Saints fans have been through enough without being held to ransom in this way."

 

-----------------------------------------------------------------------

 

It could be the sticking point is signing means losing all the means of rectification not just the appeal.

 

 

 

The FL is not governed by British law. Everyone knows this, get over it.

**** or get off the pot.

[derry]

The FL is not governed by British law. Everyone knows this, get over it.

**** or get off the pot.

 

Ok,:confused: you've got me, where do I sign?

[Saints Pedro]

Saw The South Today Saints Update Just Now And I Swear I Heard Them Say That If The Players, Staff, etc Don't Get Paid Tomorrow Then They Could Take Legal Action And May Possibly Leave Which I Obviously Don't Want To Happen But We'l See Won't We !

It May Just Be Me But I Am Also Starting To Worry Whether This Takeover Will Happen Which I'm Sure It Will !

COYR!!

 

Were you 'Bennie from Crossroads' in a former life?

[westmidlandsaint]

Saw The South Today Saints Update Just Now And I Swear I Heard Them Say That If The Players, Staff, etc Don't Get Paid Tomorrow Then They Could Take Legal Action And May Possibly Leave Which I Obviously Don't Want To Happen But We'l See Won't We !

It May Just Be Me But I Am Also Starting To Worry Whether This Takeover Will Happen Which I'm Sure It Will !

COYR!!

 

what they actually said was that if the players aren't paid tomorrow then they can claim breach of contract and would be free to sign for another club. Basically meaning if players aren't paid tomorrow they might as well all be free agents.

 

Its still the everyday stadium staff that i feel sorry for

[Ivan Katalinic's 'tache]

what they actually said was that if the players aren't paid tomorrow then they can claim breach of contract and would be free to sign for another club. Basically meaning if players aren't paid tomorrow they might as well all be free agents.

 

Its still the everyday stadium staff that i feel sorry for

 

So basically, we can get rid of a lot of the players who believe they're better than they are and who's ineptitude conspired to get us relegated without having to pay up their contracts? Take us over on Friday Pinnacle and it's win, win!!

[VectisSaint]

what they actually said was that if the players aren't paid tomorrow then they can claim breach of contract and would be free to sign for another club. Basically meaning if players aren't paid tomorrow they might as well all be free agents.

 

Its still the everyday stadium staff that i feel sorry for

Could, doesn't mean they will of course. Most of the players probably have no other offers on the plate, and most of what we have no they are probably better off seeing this through. After all most of them are the under achievers that got us relegated in the first place.

 

But you are right about the ordinary staff. But I guess they know where they stand because TL has spoken with them.

[SFC Forever]

Now there's a thought. Wish it was that easy.

[Wade Garrett]

The Echo suggested that Fry may set Pinnacle a deadline which may be as soon as tonight.

 

Don't shoot the messenger.

[TopGun]

Good dialogue from TL IMO. He appears to understand the value of stakeholder communications, something RL had contempt for. I hope TL means what he says about transparency, and if he does, then keep going Tony.

 

I'm sure that an investment already of seven figures will not end in nought. I have no reason to doubt TL's statements so far. They seem in very good faith.

Edited 24 June, 2009 by TopGun

[Third Division South Days]

The Echo suggested that Fry may set Pinnacle a deadline which may be as soon as tonight.

 

Don't shoot the messenger.

 

Hasn't he set deadlines before which came to nothing?

[Gingeletiss]

So basically' date=' we can get rid of a lot of the players who believe they're better than they are and who's ineptitude conspired to get us relegated without having to pay up their contracts? Take us over on Friday Pinnacle and it's win, win!![/quote']

 

Lol............that's what I wanted to post.........so well said;)

[1976_Child]

I still reckon that Pinnacle will pull through and sign on the dotted line. The thing that concerns me though is that the lads are well into pre-season training now and they haven't a clue who their boss will be and who will be paying their wages. This is hardly the most ideal situation. They must be turning up to staplewood each day with a tonne on their minds, the coaching staff too (what's left of them). What we need more than anything is to get the deal sorted, get the new manager appointed (KK hopefully), get MLT nice and comfy in the boardroom, get the STs sold and turn a fresh new leaf in the history of our football club. Then we can all show up to the first game against Millwall and know that the previous turmultuous few years are well and truly behind us and get off to a cracking start to the season. The longer the deal is left unsigned, the less preparation and the less ready we will be to start the long road back to our rightful place in the Prem.

 

Come on Pinnacle, get the deal done!

[SFC Forever]

Good rallying call

 

+1

[AwaySaint1]

I'm just gob-smacked by the attitudes of some of the people on here.

 

A few weeks ago it looked like we weren't going to have a club to support next year.

 

Now thanks to this guy and his team we are not only within a whisker of not only keeping our club, but also having MLT at the helm, potentially a really exciting manager the likes of which we wouldn't have dreamed of until recently, and a united fan base for the first time in a decade.

 

Not only that, but he/they take the time out to write articulate, professional, updates to keep us all updated.

 

And some people have a pop at him??

 

If I was him reading some of these responses I'd be seriously questioning whether it was all worth the f*cking bother.

 

Wind your necks in will you, you're acting like spoilt children. Let him finish the job.

 

Tony and team, I for one think you're conducting yourselves in a fantastic fashion, can't wait for you to resolve the last few bits and bobs with the FL to complete the deal, and will be eternally grateful for you saving the club I love.

 

Did you support the Wilde bid by any chance.

 

What you want to belive and what is fact are 2 different things.

 

I think the holdup is in regards to the new board having to find some sort of financial guarantee that we will not go t*ts up in the near future leaving more debt to service.

[saintwarwick]

I'm just gob-smacked by the attitudes of some of the people on here.

 

A few weeks ago it looked like we weren't going to have a club to support next year.

 

Now thanks to this guy and his team we are not only within a whisker of not only keeping our club, but also having MLT at the helm, potentially a really exciting manager the likes of which we wouldn't have dreamed of until recently, and a united fan base for the first time in a decade.

 

Not only that, but he/they take the time out to write articulate, professional, updates to keep us all updated.

 

And some people have a pop at him??

 

If I was him reading some of these responses I'd be seriously questioning whether it was all worth the f*cking bother.

 

Wind your necks in will you, you're acting like spoilt children. Let him finish the job.

 

Tony and team, I for one think you're conducting yourselves in a fantastic fashion, can't wait for you to resolve the last few bits and bobs with the FL to complete the deal, and will be eternally grateful for you saving the club I love.

 

Excellent post, well said.

[WealdSaint]

My take for what its worth.

 

Someone at Pinnacle is probably taking a cold look at the dealings with the FL.

 

They are probably unwilling to lie down and agree to a totally one sided agreement (i.e. you loose 10 points, no appeal and we reserve the right to take away more points if we want). However, the FL are used to having everything their own way (unless of course your West Ham) and will probably get it :-(

 

Either Pinnacle will play ball with the FL (and we get a club) or they will walk away and one hell of a lot of mud will be thrown at the FL (and our club will be back in intensive care)

[merrimd]

Did you support the Wilde bid by any chance.

 

What you want to belive and what is fact are 2 different things.

 

I think the holdup is in regards to the new board having to find some sort of financial guarantee that we will not go t*ts up in the near future leaving more debt to service.

 

Who wants the guarantee? MF won't care, his job is to get the money for the creditors NOW, then he will bugger off. FL are looking at a club just about to go to liquidation. Will they really care if there is a small risk it might happen in 1 years time if they sign. We go to the wall in 1 day if they don't!

[saintwarwick]

If this deal goes to rat **** will we be looking to put Mark Fry and TL in the same category as Barry the Briefcase by any chance. Pinnacle have had a lot longer than the 21 days exclusivity to sort out all the problems.

 

I am getting concerned and extremely worried that Mark Fry is procrasitinating

yet again in this whole process. Does he not realise not only will the creditors

get nothing niether will he if he is uncapable of making a decision re the club

either tell pinnacle to put up or expunge them from the equation.

 

Also Is it not time to appoint another Administrator

 

Or is Mark Fry a Skate in Disguise and will be come the New Le God of Fratton Park when we Saints cease to exist.

 

We are a whisker away from completing a deal, appointing another administrator will not change anything. Mark Fry like any other administrator have a hard job to do, he is not at fault because Pinnacle and the football league have a few disputed points to oversee. From what I've read on other threads it seems the disputed point is not to have any extra points over and above the -10 we will start with and any other prospective buyer will probably challenge this as well. Also why would someone pump in a seven figure sum just to walk away?