The idiot chancers have done for the club.

[VectisSaint]

Thats true, but since we were promised.....

1. A tycoon worth several hundred millions - and got live at home Michael Fialka
   
2. Completion with days, maybe hours - over 10 days ago and still have stalling
   
3. Adminstrator refusing to believe Pinnacles reasons for not completing are valid
   

.....then I think fans have a right to be just a tad sceptical.

 

Please don't let any facts get in the way of your argument. so you still believe that our backer lives at home with his Mum. The stalling is because they are trying to get a deal that allows us to have a chance of existing in the future. This is not some computer game, it is real life, and no-one is going to save us unless they have a reasonable business case to work with. But there, go on try to make the only chance we have look stupid, and see where that gets us.

[kpturner]

Seems like an unusually vitriolic OP by you Derry. Have you heard something else or are you just sick and tired of the whole thing ?

[up and away]

Originally Posted by exit2

as well as passing the proof of funds tests twice - the FL and Administrators, and passing the fit for work directors approval from the FL. This is why I dont get it

So again everything points toward the FA being the problem, MLT has said so, TL has said so, Fry has said so and my mum has repeated it, I think it is safe to say by now that the arguement is not re -10 but leaving themselves open to -25 without the right to appeal.

Are the Swiss or A N Other gonna accept that 'deal' just to own the club ?

Will Saltz's group take on the poison chalice knowing they will not be accountable when we are in league two for the 10/11 season and build up from there ?

Chancers don't throw this kind of money around, do they ?

 

The only people making up the -25 points are on here, no on else, not even Pinnacle. You don't **** away £1M of your own money over a minor point that should be restricted to the under 12's debating society. There is no issue over the point deduction, there is a big issue in the finance.

 

Fry has a lot to blame in laying out front the 10 point deduction and how it should be appealed. Pinnacle are now using this as their get out clause and it looks near solid from everything that has been said.

 

There are a couple of ways this could of been avoided,

1) By MLT getting concorde into the nitty gritty and doing what any proper chairman or front man would have seen as essential.

2) If Crouch provided financial support for the exclusivity period he should have found out exactly what his actions were developing. Any idiot could work out if a multi millionaire required his 2 pence to get things off the ground, odds on you were buying a pup. Because if that financial support was removed it would be doubtful the exclusivity would have gone ahead.

[benjii]

The only people making up the -25 points are on here, no on else, not even Pinnacle. You don't **** away £1M of your own money over a minor point that should be restricted to the under 12's debating society. There is no issue over the point deduction, there is a big issue in the finance.

 

Fry has a lot to blame in laying out front the 10 point deduction and how it should be appealed. Pinnacle are now using this as their get out clause and it looks near solid from everything that has been said.

 

There are a couple of ways this could of been avoided,

1) By MLT getting concorde into the nitty gritty and doing what any proper chairman or front man would have seen as essential.

2) If Crouch provided financial support for the exclusivity period he should have found out exactly what his actions were developing. Any idiot could work out if a multi millionaire required his 2 pence to get things off the ground, odds on you were buying a pup. Because if that financial support was removed it would be doubtful the exclusivity would have gone ahead.

 

So when they said the goalposts were changed last Thursday do you think they were lying?

[derry]

Seems like an unusually vitriolic OP by you Derry. Have you heard something else or are you just sick and tired of the whole thing ?

 

Yes:(.

[Gingeletiss]

I was told last week that Pinnacle were looking to get out but I didn't want to believe it. I was told that the Swiss were worth more than a billion and much more credible, but that means nothing unless they do buy us.

 

Another poster I had some respect for.....giving it the big one. Derry, If I wanted out of something, I'd just go.....but they are still here. So who told you????.........see, this is the problem on here, too many posters ITK, but in effect, knowing nothing.

[kpturner]

Yes:(.

Which (or is it both) ?

[derry]

Please don't let any facts get in the way of your argument. so you still believe that our backer lives at home with his Mum. The stalling is because they are trying to get a deal that allows us to have a chance of existing in the future. This is not some computer game, it is real life, and no-one is going to save us unless they have a reasonable business case to work with. But there, go on try to make the only chance we have look stupid, and see where that gets us.

 

It just doesn't look credible any more and the publicity is bizarre.

[buctootim]

Please don't let any facts get in the way of your argument. so you still believe that our backer lives at home with his Mum.

 

I believe he lives at home with his mum because I've read the articles in the Jewish Chronicle, seen the quotes from his teamates and checked him out on the electoral register. You believe he doesnt because you dont want to face facts. Please come round for a game of high stakes poker any time soon.

[INFLUENCED.COM]

if they still are waiting to pounce of course

 

Pounce or Ponce ? can make you quite bitter this waiting game !(only joking Mr (Lawyer) Salz)

[derry]

Which (or is it both) ?

 

Both, I was told last Saturday that they were looking to get out, but didn't want to believe it. The source was a good one. Also said the Swiss were a better bet. But who knows !

[Gingeletiss]

The only people making up the -25 points are on here, no on else, not even Pinnacle. You don't **** away £1M of your own money over a minor point that should be restricted to the under 12's debating society. There is no issue over the point deduction, there is a big issue in the finance.

 

Fry has a lot to blame in laying out front the 10 point deduction and how it should be appealed. Pinnacle are now using this as their get out clause and it looks near solid from everything that has been said.

 

There are a couple of ways this could of been avoided,

1) By MLT getting concorde into the nitty gritty and doing what any proper chairman or front man would have seen as essential.

2) If Crouch provided financial support for the exclusivity period he should have found out exactly what his actions were developing. Any idiot could work out if a multi millionaire required his 2 pence to get things off the ground, odds on you were buying a pup. Because if that financial support was removed it would be doubtful the exclusivity would have gone ahead.

 

 

Yes....it has been debated, but logic has been applied, given the criteria of Leeds and Bournemouth. The FL have claimed we are in admin, The administrator has claimed we are not, and the club is not connected to SLH. The FL Say's it is....thus, they would require a CVA. This cannot be produced, as the club is not in admiistration..........so wallah...an extra -15 for the naughty Saints.

 

Now what part needs clarification

[harvey]

ok ... you caught me out

 

I have £9.12 and a packet of polos.

 

I only started fundraising about 10 minutes ago.

 

I would have started back in April, but posters kept saying that we were a goldmine and Bill Gates was interested. I didn't want to rock the boat and put him off.

 

Make it £10.00.......I'm good for the other 88p.

[SOTONS EAST SIDE]

Does this look like,what we feel about Pinnnacle!

[INFLUENCED.COM]

The only people making up the -25 points are on here, no on else, not even Pinnacle. You don't **** away £1M of your own money over a minor point that should be restricted to the under 12's debating society. There is no issue over the point deduction.

 

Oh right, you know this for sure then ? please inform the rest of us, do you have the FA's mandate presented to Pinnacle ?

[IN MY DAY]

forgive me for asking a stupid question, but everyone is knocking Fry and in fairness he hasnt covered himself in glory on the face of it. But who put up the 500k for exclusivity? Was it Crouch or was it Pinnacle, theyre are tyre kickers on here talking about 500k like we are still in the Premiership!! 500k is a xxit load of money just to massage someones ego on the back of the Echo. Who would waste that sort of money?

[derry]

Another poster I had some respect for.....giving it the big one. Derry, If I wanted out of something, I'd just go.....but they are still here. So who told you????.........see, this is the problem on here, too many posters ITK, but in effect, knowing nothing.

 

That was the first question I asked. It may have something to do with blaming someone so as to get the money spent back.

 

If Crouch lent the money instead of donating it, that is if he did put the money up, there would probably be personal liability.

 

The big one as you put it is not being able to mount a viable rescue. I just feel frustrated by the wasted two years and now the charade being staged that is going to leave a lot of staff in dire straits. That is unless the dream comes true and somebody buys us next week.

 

If that happens I hold my hands up, unless it's somebody new or the Swiss. I just think it's like playing the lottery, all the bloody tickets end up in the bin.

[Gingeletiss]

That was the first question I asked. It may have something to do with blaming someone so as to get the money spent back.

 

If Crouch lent the money instead of donating it, that is if he did put the money up, there would probably be personal liability.

 

The big one as you put it is not being able to mount a viable rescue. I just feel frustrated by the wasted two years and now the charade being staged that is going to leave a lot of staff in dire straits. That is unless the dream comes true and somebody buys us next week.

 

If that happens I hold my hands up, unless it's somebody new or the Swiss. I just think it's like playing the lottery, all the bloody tickets end up in the bin.

 

You and many other fans........but let the children throw their tantrums, maintain your dignity. It will either happen or it won't...as I said to nick, take a trip to the kids terminal ward at the General....it will help you get some perspective back.

[derry]

You and many other fans........but let the children throw their tantrums, maintain your dignity. It will either happen or it won't...as I said to nick, take a trip to the kids terminal ward at the General....it will help you get some perspective back.

 

Good advice. It does put it in perspective. Just maybe this thread may provoke a reasoned response from those concerned. But I somehow doubt it.

[St Lightjaw]

You and many other fans........but let the children throw their tantrums, maintain your dignity. It will either happen or it won't...as I said to nick, take a trip to the kids terminal ward at the General....it will help you get some perspective back.

 

 

Ditto that and great post. Lets face it, nobody really knew what mess we were getting into 2 years ago. Not as if SFC were posting weekly accounts on the official website. Gut feelings ... yes ... but hard facts .... don't think so.

 

One thing I am certain of. We will have a Southampton FC in some shape or form (whether it be in league 1 or the blue square) in the future. And we will be a stronger club because of our experiences. We will be proud of our history, whilst also recognizing the value of proper football and will we have respect for our opponents now matter how big or small they are.

 

COYR !!!

[OldNick]

Ditto that and great post. Lets face it, nobody really knew what mess we were getting into 2 years ago. Not as if SFC were posting weekly accounts on the official website. Gut feelings ... yes ... but hard facts .... don't think so.

 

One thing I am certain of. We will have a Southampton FC in some shape or form (whether it be in league 1 or the blue square) in the future. And we will be a stronger club because of our experiences. We will be proud of our history, whilst also recognizing the value of proper football and will we have respect for our opponents now matter how big or small they are.

 

COYR !!!

Au contraire monsewer au contraire. I was very vocal about that , as were a few others.They tried to shout us down but the few did see the madness of King Wilde

[OldNick]

You and many other fans........but let the children throw their tantrums, maintain your dignity. It will either happen or it won't...as I said to nick, take a trip to the kids terminal ward at the General....it will help you get some perspective back.

Ginge I odnt need to go to the kids ward to understand perspective thanks

[Gingeletiss]

Ginge I odnt need to go to the kids ward to understand perspective thanks

 

nick.......judging by your posts.........methinks you do. IMHO of course

[Nineteen Canteen]

Whatever chance there was of putting together a realistic rescue and keeping the club going in the league, has been scuppered by the groups who were gambling on maybe getting somebody to ante up the money.

 

As far as the Pinnacle bid is concerned the administrator has come out and said that the reason for not going ahead, is not a good enough reason not to complete.

 

Marc Jackson and Tony Lynham between them have used up the three months that money could have been raised to keep us going.

 

Whilst the council could still buy the stadium unless a third party (possibly the Swiss) complete next week the club itself is a goner.

 

Either those two groups now just bugger off and admit they were just chancers or shut up and buy the club. Alternatively pool the mythical resources which won't happen.

 

I am now of the opinion that the Swiss are the last chance saloon. If they don't come good then that's it I'm afraid, as we no longer have the time to mount a rescue.

 

Still don't understand why having made a start on a backup plan you decided not to continue your efforts in the background in the eventuality a disaster occured.

 

Now we have a disaster you tell us there is no time to mount a rescue because you stopped your disaster recovery plans 2 months ago?

 

I don't think Jackson or Lynam have scuppered our rescue plans, did they ask you to stop? In the current economic climate there was always going to be a risk the monies could not be raised but it seems you chose to stop paying the insurance premiums and now we are flooded and in fear of drowning but it's not your fault you decided to put all your eggs in one basket? Illogical having come up with a decent enough idea in the first place.

[Nineteen Canteen]

Both, I was told last Saturday that they were looking to get out, but didn't want to believe it. The source was a good one. Also said the Swiss were a better bet. But who knows !

 

So you knew at the weekend the risk of failure and still believe they scuppered the ability to invoke rescue plans? How many pledges did you get in the first week Derry and now in even more desperate times don't you think it may be have been worthwhile resurrecting your disaster recovery plans?

[Nineteen Canteen]

I believe he lives at home with his mum because I've read the articles in the Jewish Chronicle, seen the quotes from his teamates and checked him out on the electoral register. You believe he doesnt because you dont want to face facts. Please come round for a game of high stakes poker any time soon.

 

Count me in, seems like one player will be stuck on the big blind and not notice.

[CanadaSaint]

Still don't understand why having made a start on a backup plan you decided not to continue your efforts in the background in the eventuality a disaster occured.

 

Now we have a disaster you tell us there is no time to mount a rescue because you stopped your disaster recovery plans 2 months ago?

 

I don't think Jackson or Lynam have scuppered our rescue plans, did they ask you to stop? In the current economic climate there was always going to be a risk the monies could not be raised but it seems you chose to stop paying the insurance premiums and now we are flooded and in fear of drowning but it's not your fault you decided to put all your eggs in one basket? Illogical having come up with a decent enough idea in the first place.

 

I thought Derry was perfectly clear on why he stopped, and the reason he gave was one that deserves respect - not the kind of nasty junk contained/implied in your two posts.

 

At least he had the courage and commitment to step forward in the first place.

[Nineteen Canteen]

What bit don't you buy? The picture is becoming clear, it isn't going to happen. The fact still remains that we might have saved something. The reality is that unless the deal is done next week nothing will be saved.

 

The result of all the talking by all the parties is no sale.

 

Says the man who elected himself as leader of the fan's consortium. Stop it Derry you're embarrassing yourself, IMO the buck stops with you for us not having a contingency plan of fan's pledges. Why did you stop it? Because Pinnacle felt right?

[Nineteen Canteen]

I thought Derry was perfectly clear on why he stopped, and the reason he gave was one that deserves respect - not the kind of nasty junk contained/implied in your two posts.

 

At least he had the courage and commitment to step forward in the first place.

 

IMO he can't knock failure to complete on one side and pat himself on the back for not following through a good idea on the other. Derry may be clear but that doesn't mean his logic makes sense to others.

 

No doubt Derry can stand up for himself tomorrow and betray a few more confidences by attacking my personal circumstances as oppose responding to the criticism. Don't really care anymore as by next Friday it will hardly matter anyway unless you like the Lounge and the Muppet Show.

[CanadaSaint]

No doubt Derry can stand up for himself tomorrow and betray a few more confidences by attacking my personal circumstances as oppose responding to the criticism. Don't really care anymore as by next Friday it will hardly matter anyway unless you like the Lounge and the Muppet Show.

 

So you weren't trying to make a legitimate point but exact some kind of childish personal retribution.

 

No wonder you encounter problems on here.

 

But, for what it's worth, I share your fears about where the club is heading.

[ooohTerryHurlock]

With people like you posting offensive remarks it is not surprising that wealthy people cannot be bothered in investing in football clubs because of the constant abuse they get when things do not go right

 

I think that is a bit harsh considering the amount of effort that Derry put in at the start to get a fans rescue bid off the ground.... we were told my the majority to leave it alone as a business consortium would save the day.... Im starting to panic a bit now as this has dragged on way to long and the heralded consortium has n't done the deal...... Im not sure they are subject to constant abuse... but if I posted something along the lines of ..don't worry we are still going to buy the club.... and still have n't done the deal, I would expect people to be questioning my intentions!

[John B]

I think that is a bit harsh considering the amount of effort that Derry put in at the start to get a fans rescue bid off the ground.... we were told my the majority to leave it alone as a business consortium would save the day.... Im starting to panic a bit now as this has dragged on way to long and the heralded consortium has n't done the deal...... Im not sure they are subject to constant abuse... but if I posted something along the lines of ..don't worry we are still going to buy the club.... and still have n't done the deal, I would expect people to be questioning my intentions!

 

Yes I agree I was surprised Derry was acting like he was but I just think all this negative an abusive postings does not help SFC in the long run

[eelpie]

ok ... you caught me out

 

I have £9.12 and a packet of polos.

 

I only started fundraising about 10 minutes ago.

 

I would have started back in April, but posters kept saying that we were a goldmine and Bill Gates was interested. I didn't want to rock the boat and put him off.

 

Well, that's more than Barclays and Aviva are likely to get now. Ring them up.

[eelpie]

Yes I agree I was surprised Derry was acting like he was but I just think all this negative an abusive postings has a general negative affect

 

So close the Forum.

[ooohTerryHurlock]

Yes I agree I was surprised Derry was acting like he was but I just think all this negative an abusive postings does not help SFC in the long run

 

I have been one of the most positve supporters of a salvation but even I am starting to feel very negative now.... The FL discussions should have been right at the beginning ... not left to the 11th hour. Now it does look like this a smoke and mirrors exercise! Its like buying a house with subsidence and havint hte survey caried out on the day you are due to exchange!

[John B]

I have been one of the most positve supporters of a salvation but even I am starting to feel very negative now.... The FL discussions should have been right at the beginning ... not left to the 11th hour. Now it does look like this a smoke and mirrors exercise! Its like buying a house with subsidence and havint hte survey caried out on the day you are due to exchange!

 

I dont disagree with what you are saying but it appears from what has been said that the FL have changed their stance recently.

 

If that is not the case and there is another reason for the stalling we can accuse Pinnacle etc of not telling the truth but not until all the true facts are known that is why I am interested in what Leon Crouch has to say

[John B]

So close the Forum.

 

Yes good idea as I seem to waste so much time on nothing much of interest

 

Except discussing the old times.

 

 

As I have been supporting SFC for nearly fifty years there were certainly lots of great memories as oppossed to the current nightmare

[um pahars]

Says the man who elected himself as leader of the fan's consortium. Stop it Derry you're embarrassing yourself, IMO the buck stops with you for us not having a contingency plan of fan's pledges.

 

Looks like the troll has found someone new to wind up:rolleyes:

 

Just what did Derry reveal about you to get you on his case:D

[Beer Engine]

I have been one of the most positve supporters of a salvation but even I am starting to feel very negative now.... The FL discussions should have been right at the beginning ... not left to the 11th hour. Now it does look like this a smoke and mirrors exercise! Its like buying a house with subsidence and havint hte survey caried out on the day you are due to exchange!

 

nicely put

[up and away]

Originally Posted by up and away

The only people making up the -25 points are on here, no on else, not even Pinnacle. You don't **** away £1M of your own money over a minor point that should be restricted to the under 12's debating society. There is no issue over the point deduction, there is a big issue in the finance.

 

Fry has a lot to blame in laying out front the 10 point deduction and how it should be appealed. Pinnacle are now using this as their get out clause and it looks near solid from everything that has been said.

 

There are a couple of ways this could of been avoided,

1) By MLT getting concorde into the nitty gritty and doing what any proper chairman or front man would have seen as essential.

2) If Crouch provided financial support for the exclusivity period he should have found out exactly what his actions were developing. Any idiot could work out if a multi millionaire required his 2 pence to get things off the ground, odds on you were buying a pup. Because if that financial support was removed it would be doubtful the exclusivity would have gone ahead.

So when they said the goalposts were changed last Thursday do you think they were lying?

 

Why does everyone want to believe that the nasty FL are picking on Saints. This is no different to any other similar FL decision and if you were to ask any other of the FL chairman regarding the situation you would not find one disagreeing. The goal posts were never changed, just laid out as per standard FL regulations and how they are interpreted. Just because some lawyer reckoned you could interpret Rugby posts for the same purpose just does not hold water. We have seen so may of these decisions in the past and I cannot believe any of you would have an issue with this if it were another club, infact vociferously the opposite.

 

Yes....it has been debated, but logic has been applied, given the criteria of Leeds and Bournemouth. The FL have claimed we are in admin, The administrator has claimed we are not, and the club is not connected to SLH. The FL Say's it is....thus, they would require a CVA. This cannot be produced, as the club is not in admiistration..........so wallah...an extra -15 for the naughty Saints.

 

Now what part needs clarification

 

The FL within their remit decided that for all practical purposes, SLH was SFC and should be treated as such for any application of the administration rules. They are perfectly entitled to do this and furthermore, it is entirely correct and morally justified. Once you have defined as such, it then follows that any CVA required will have to be effectively for SLH whether it is delisted or what ever. There is absolutely no reason why you cannot show the CVA based upon the debts of SLH and as such the FL cannot argue otherwise, because they have already made that link. If you try and forward a CVA based upon the debts of SFC then that is never going to wash and you would rightly be penalised further. The administrator has flucked up big time in forwarding this notion that SFC is not in administration along with several lawyers. That is totally dumb when you consider how the FL works.

 

Just because you are getting fed pieces on a stick by people you want to believe, tell you is marshmallow, best to actually use your own senses unless you are prepared for the after taste.

[derry]

Still don't understand why having made a start on a backup plan you decided not to continue your efforts in the background in the eventuality a disaster occured.

 

Now we have a disaster you tell us there is no time to mount a rescue because you stopped your disaster recovery plans 2 months ago?

 

I don't think Jackson or Lynam have scuppered our rescue plans, did they ask you to stop? In the current economic climate there was always going to be a risk the monies could not be raised but it seems you chose to stop paying the insurance premiums and now we are flooded and in fear of drowning but it's not your fault you decided to put all your eggs in one basket? Illogical having come up with a decent enough idea in the first place.

 

Because even a moron could work out that there was an apathy from the public and that after a million was pledged on the site less than £100k was pledged in 3/4 weeks once it went public.

 

The only way to keep an appeal going would be to actually start collecting the money, which in the event of the club being bought would have to be returned, itself a logistical nightmare. All concerned realised we could not do this.

 

It was clear that unless the people thought their club was going to the wall there would be no further interest.

 

Because the parties concerned were vying for publicity and putting out the message that both were definite buyers it meant there was no interest in a public rescue.

 

I have better things to do with my life than try to rescue something that the people clearly don't care about.

 

Finally don't you dare criticise me or the people that at least tried to raise awareness. It is the vociferous do nothings like yourself that have nothing better to do than distribute your bile on this site.

 

I personally did what I could and I really don't give a rats arse for your comments. I personally am very happy, comfortably off and can bloody well do what I like and I don't have to answer to you or anybody else.

Edited 27 June, 2009 by derry

[derry]

IMO he can't knock failure to complete on one side and pat himself on the back for not following through a good idea on the other. Derry may be clear but that doesn't mean his logic makes sense to others.

 

No doubt Derry can stand up for himself tomorrow and betray a few more confidences by attacking my personal circumstances as oppose responding to the criticism. Don't really care anymore as by next Friday it will hardly matter anyway unless you like the Lounge and the Muppet Show.

 

The reason I knew something was simple. I was criticising you and a few others regarding attitude on the site to the person concerned at a match. He actually asked me to cut you some slack as you had personal problems. He wouldn't elaborate.

 

As far as I am concerned you can fire as many insults as you like and it's water off a ducks back. I think you are contemptible. Why you don't give yourself a break is beyond me.

Edited 27 June, 2009 by derry

[derry]

Whatever chance there was of putting together a realistic rescue and keeping the club going in the league, has been scuppered by the groups who were gambling on maybe getting somebody to ante up the money.

 

As far as the Pinnacle bid is concerned the administrator has come out and said that the reason for not going ahead, is not a good enough reason not to complete.

 

Marc Jackson and Tony Lynham between them have used up the three months that money could have been raised to keep us going.

 

Whilst the council could still buy the stadium unless a third party (possibly the Swiss) complete next week the club itself is a goner.

 

Either those two groups now just bugger off and admit they were just chancers or shut up and buy the club. Alternatively pool the mythical resources which won't happen.

 

I am now of the opinion that the Swiss are the last chance saloon. If they don't come good then that's it I'm afraid, as we no longer have the time to mount a rescue.

 

I see that MLT is saying that they will meet the league on Monday and complete the next day.

 

If they do that I take back the criticisms I have made of them. The league apparently gave them 8 pages of conditions, so maybe they have just cause to delay.

 

I admit the thought of the club liquidating on Friday really wound me up, more so because there is no longer time to mount a public rescue. Although I would expect Anthony Salz to maybe try.

[buctootim]

I see that MLT is saying that they will meet the league on Monday and complete the next day.

 

If they do that I take back the criticisms I have made of them. The league apparently gave them 8 pages of conditions, so maybe they have just cause to delay.

 

I admit the thought of the club liquidating on Friday really wound me up, more so because there is no longer time to mount a public rescue. Although I would expect Anthony Salz to maybe try.

 

Small but important distinction - if we arent bought by Friday the club itself will enter admin, not be liquidated (though one may quickly follow the other).

[Mole]

I see that MLT is saying that they will meet the league on Monday and complete the next day.

 

If they do that I take back the criticisms I have made of them. The league apparently gave them 8 pages of conditions, so maybe they have just cause to delay.

 

I'm sure everyone, probably with the exeption of Guided Missile, will take back their negative posts if Pinnacle are the real deal.

[VectisSaint]

I believe he lives at home with his mum because I've read the articles in the Jewish Chronicle, seen the quotes from his teamates and checked him out on the electoral register. You believe he doesnt because you dont want to face facts. Please come round for a game of high stakes poker any time soon.

So you are sucked in as well. The electoral register is meaningless, as you would know if you were aware of the British electoral system. The Jewish Chronicle, great, font of all knowledge. Have you actually met and discussed this with any real person that might know him? He is probably not the main man, but is involved and has I understand been involved in multi-million deals. Do you honestly believe that MLT would have got involved if the main man was a mummy's boy who had no money. That is just an insult to MLT. I am very happy to face facts, but having been presented with none, I keep an open mind and hope that this deal comes through, despite all the bad press being generated on here. Because the alternative is extinction.

 

I don't play poker, because its a mugs game, and you sir are demonstrating that you are eminently qualified to be a competitor

[VectisSaint]

Once you have defined as such, it then follows that any CVA required will have to be effectively for SLH whether it is delisted or what ever. There is absolutely no reason why you cannot show the CVA based upon the debts of SLH and as such the FL cannot argue otherwise, because they have already made that link.

The only problem with your argument is that SLH cannot provide a CVA because they will be liquidated. This is to me the only way out of this mess, i.e. for someone to take over SLH, admit it was SLH that went into admin and then, once the CVA has been produced liquidate the SLH. I just feel at the moment that no-one is prepared to do this, and I'm not convinced that this course of action is even feasible at this stage, because it would involve purchasing the shares in SLH from their current owners. The whole deal is set up to take over SFC, not SLH.

[spain saint]

I'm sure everyone, probably with the exeption of Guided Missile, will take back their negative posts if Pinnacle are the real deal.

 

I hope everyone will not only take back their negative posts but some (including GM) take back some of the vile comments they have posted about the prospective new owner! I would also say to TL not to post on here anymore as we just dont deserve to know any info!

[spain saint]

So you are sucked in as well. The electoral register is meaningless, as you would know if you were aware of the British electoral system. The Jewish Chronicle, great, font of all knowledge. Have you actually met and discussed this with any real person that might know him? He is probably not the main man, but is involved and has I understand been involved in multi-million deals. Do you honestly believe that MLT would have got involved if the main man was a mummy's boy who had no money. That is just an insult to MLT. I am very happy to face facts, but having been presented with none, I keep an open mind and hope that this deal comes through, despite all the bad press being generated on here. Because the alternative is extinction.

 

well said!

[derry]

Small but important distinction - if we arent bought by Friday the club itself will enter admin, not be liquidated (though one may quickly follow the other).

 

I heard Fry today describe it as insolvency arrangements or something like that.

 

A couple of months ago at a meeting with LMc, LC and Mary Corbett she said things were so bad with the club they couldn't fund administration.