MLT on BBC and Radio Solent

[Ian the Red]

MLT on Radio Solent yesterday and this am on BBC South stating that the deal will go thro today or tomorrow with the 10 deduction. A couple of other points that needed clarification from FL but 100% confident. MF is one of a few backers.

[JustMike]

so, what if the swiss or the others get there first? I dont like all this "today or tomorrow" business, that does appear to be an ongoing theme with Pinnacle. Nothing against MLT and i hope he becomes chairman too.

[doggface]

I believe that one of the other sticking points is over the length of the licence offered (initially 2 years), unfortunately I don't know the nuts & bolts of it but Pinnacle are hardly gonna make such a large investment without being sure of the clubs long term membership.

[Dog]

The Swiss are at SMS this morning, I walked past the ground at 8.30am and there was a silver Range Rover with swiss plates on.

Fingers crossed x

[sussexsaint]

Why don't they all bung money into the same pot and call it the Swiss Pinnacle bid

[Frank's cousin]

Why don't they all bung money into the same pot and call it the Swiss Pinnacle bid

 

Its about controll..

 

But dontbe surprised if teh Swiss were to win and then bring in some fan friendly names...

[Paul Chuckle]

The Swiss are at SMS this morning, I walked past the ground at 8.30am and there was a silver Range Rover with swiss plates on.

Fingers crossed x

 

they can't be worth that much then if they have driven from Switzerland to SMS???

[jonah]

The Swiss are at SMS this morning, I walked past the ground at 8.30am and there was a silver Range Rover with swiss plates on.

Fingers crossed x

 

I'm a bit worried they had to drive to SMS and couldn't afford to fly over - FlyBe are very competitive even at this time of year.

[OldNick]

I was told that Fry has told the staff that the Swiss said they would be back by this lunchtime if they were interested. He also said if he was the staff he would rather have the Swiss take us over as thye earn interest a year more than they need to buy us etc. Now that is the thing that confuses me as a company would not be doing tht and so it may be an individual rather than a company.

[ART]

I'm a bit worried they had to drive to SMS and couldn't afford to fly over - FlyBe are very competitive even at this time of year.

 

If their business is based in the UK there is no reason why some company members aren't living here and driving Swiss registration Range Rovers. Those that arrived last week may have been the kingpins who came to confirm their interest whereas those with the Range Rover may be those who are doing the negociating. Nice to hear they were at St Mary's bright and early though.

[krissyboy31]

I was told that Fry has told the staff that the Swiss said they would be back by this lunchtime if they were interested. He also said if he was the staff he would rather have the Swiss take us over as thye earn interest a year more than they need to buy us etc. Now that is the thing that confuses me as a company would not be doing tht and so it may be an individual rather than a company.

 

Somebody said yesterday, that it was two individuals. I don't know whether that was fact, speculation, a guess or just made up. Just like anything else posted on here really!!

[sussexsaint]

I was told that Fry has told the staff that the Swiss said they would be back by this lunchtime if they were interested. He also said if he was the staff he would rather have the Swiss take us over as thye earn interest a year more than they need to buy us etc. Now that is the thing that confuses me as a company would not be doing tht and so it may be an individual rather than a company.

 

 

If that is true it seems rather unprofessional of the administrator to be passing comments on whom he thinks would be better owners from the staffs point of view.

 

Also It matters little how much the Swiss firm make in 'interest' a year - what matters is how much of it they are likley to plough into the club and for how long.

[Dog]

they can't be worth that much then if they have driven from Switzerland to SMS???

 

I would rather drive over in a top of the range, Range Rover than sit next to some snotty nosed kid from New Milton.

Also the 3 men & 1 lady that got out of the car were all dressed in white suits, and looked classy as f*ck.

[jonah]

It was joke ART. I think it's very good news if they are at SMS again - however, we know even less about them than we know about Pinnacle... and it would be a little rash to just assume they are better!

[OldNick]

If that is true it seems rather unprofessional of the administrator to be passing comments on whom he thinks would be better owners from the staffs point of view.

 

Also It matters little how much the Swiss firm make in 'interest' a year - what matters is how much of it they are likley to plough into the club and for how long.

well I suppose if they have that much interest just coming in off wealth there is aq chance some could come our way, if we have to rely on a semi detached in Finchley being let out it might be more difficult

As for Frys comment, he was probably just stating from a personal level trying to keep the staffs mrale up aftter telling them they were not to be paid.

[sussexsaint]

all dressed in white suits, and looked classy as f*ck.

 

Are they still doing weddings at SMS?

[stinhk]

I would rather drive over in a top of the range, Range Rover than sit next to some snotty nosed kid from New Milton.

Also the 3 men & 1 lady that got out of the car were all dressed in white suits, and looked classy as f*ck.

 

Hmm..? three men and a woman in white suits - are we talking Tony Manero or Nurse Mildred Ratched?

[mickn]

I would rather drive over in a top of the range, Range Rover than sit next to some snotty nosed kid from New Milton.

Also the 3 men & 1 lady that got out of the car were all dressed in white suits, and looked classy as f*ck.

 

Surely if they were really Swiss they would have been dressed in lederhosen...were they yodelling at all?

[eurosaint]

I would rather drive over in a top of the range, Range Rover than sit next to some snotty nosed kid from New Milton.

Also the 3 men & 1 lady that got out of the car were all dressed in white suits, and looked classy as f*ck.

 

Bloody hell, was Roger Federer one of them ???

[Gingeletiss]

Here we go...........round two............'I heard..I was told..I think'...this is what has happend to pinnacle. Why can't you wait until it is a FACT..then we don't have all this bit ching and in-fighting.:mad::smt060

[fletch]

"were all dressed in white suits, and looked classy as f*ck"

 

Those two statements contradict themselves somewhat! Did they have open collar shirts, medallions and arrived with nightfever playing on the stereo

[Frank's cousin]

"were all dressed in white suits, and looked classy as f*ck"

 

Those two statements contradict themselves somewhat! Did they have open collar shirts, medallions and arrived with nightfever playing on the stereo

 

Its the BeeGees taking over then?

[AwaySaint1]

they can't be worth that much then if they have driven from Switzerland to SMS???

 

Can you hire a bullet proof car in the uk then ?

 

As for the white suites,that will be the grim reapers assistance.

[notjon]

Why don't they all bung money into the same pot and call it the Swiss Pinnacle bid

 

You mean The Matterhorn bid.

[Hopkins]

Who would people prefer?

 

Pinnacle with MLT.

Swiss with apparently more money.

[Dog]

"were all dressed in white suits, and looked classy as f*ck"

 

Those two statements contradict themselves somewhat! Did they have open collar shirts, medallions and arrived with nightfever playing on the stereo

 

I don't know, I only saw the back of them as they were walking towards reception. I will say the lady looked very fit with lovely brown legs.

[Paul Chuckle]

Surely if they were really Swiss they would have been dressed in lederhosen...were they yodelling at all?

 

LOL that made me laugh

 

Just read in the metro that MLT is on Countdown this week, he's in dictionary corner, just saw the picture LOL - Sorry couldnt start a new post

[Give it to Ron]

Who would people prefer?

 

Pinnacle with MLT.

Swiss with apparently more money.

 

How can anyone tell from what they know about the Swiss bid...if there is one?

Nobody knows a thing about them or their intentions, they could just be asset strippers or astute business people.

 

Edit.

Although I have gone off Pinnacle recently by their less than professional manner.

[BGF]

Its the BeeGees taking over then?

 

Nah they support Man U

[eelpie]

You mean The Matterhorn bid.

 

Do you mean the Le Matterhorn bid?

[Saint Billy]

is it the man from del monte?

[Gingeletiss]

Who would people prefer?

 

Pinnacle with MLT.

Swiss with apparently more money.

 

Just because, they, aledgedly have more money, dosen't mean they will spend more on the club...........your adding 2+2 and coming up with 5.

[EastleighSoulBoy]

I'm a bit worried they had to drive to SMS and couldn't afford to fly over - FlyBe are very competitive even at this time of year.

 

What concerns me more is that there were no flunkeys on hand with a Hansom Cab to take them from their car to the reception desk!

 

In fact they must be pretty poor if they couldn't even afford to be beamed straight into the boardroom! (Tongue in cheek rolly eyed thingy)

[Sevvy]

How about IKEA they are in Southampton now.

[St.Patrik]

IKEA is Swedish - why do pople always mix Sweden with Swiss ? read on the Echo "forum" that ABBA the Swiss band should buy Saints : )

 

Sweden = Hot Blonds, Volvo cars, Always beat England in Footie (not U21 apperently) meatmalls, Abba and offcourse the Hives

 

Swiss = Chocolat, Coco Clocks and Cloggs

 

Spot the diffrent there

[Nineteen Canteen]

If their business is based in the UK there is no reason why some company members aren't living here and driving Swiss registration Range Rovers. Those that arrived last week may have been the kingpins who came to confirm their interest whereas those with the Range Rover may be those who are doing the negociating. Nice to hear they were at St Mary's bright and early though.

 

Who cares? Nice time of year and they have an excuse for a pleasant drive across Western Europe. TBH Jonah/Art it adds creedance to their bid that instead of flying over cattle class they took a far more classy approach to arriving refreshed and ready to do business no doubt via some fancy French hotels on route. Just pray no one spots a battered wannabe driven Audi A3 in the car park.

[Foxy]

IKEA is Swedish - why do pople always mix Sweden with Swiss ? read on the Echo "forum" that ABBA the Swiss band should buy Saints : )

 

Sweden = Hot Blonds, Volvo cars, Always beat England in Footie (not U21 apperently) meatmalls, Abba and offcourse the Hives

 

Swiss = Chocolat, Coco Clocks and Cloggs

 

Spot the diffrent there

 

Meatmalls.....lots of butcheries all under one roof?

[OldNick]

Just because, they, aledgedly have more money, dosen't mean they will spend more on the club...........your adding 2+2 and coming up with 5.

 

that is true but if they have more ability to spend more you have a chance. Your arguement could be used if Paul Allen was buying or A N Other. Pinnacle seem to me to be really short of funds to really push us on and so we rightly look at other bids that may give us more of a hopeful future. I want us to be purchased and so what will be will be, but it would be nice to have a real advantage.

[OldNick]

IKEA is Swedish - why do pople always mix Sweden with Swiss ? read on the Echo "forum" that ABBA the Swiss band should buy Saints : )

 

Sweden = Hot Blonds, Volvo cars, Always beat England in Footie (not U21 apperently) meatmalls, Abba and offcourse the Hives

 

Swiss = Chocolat, Coco Clocks and Cloggs

 

Spot the diffrent there

whats a coco clock??? Is that a breakfast cereal?

[ottery st mary]

I was told that Fry has told the staff that the Swiss said they would be back by this lunchtime if they were interested. He also said if he was the staff he would rather have the Swiss take us over as thye earn interest a year more than they need to buy us etc. Now that is the thing that confuses me as a company would not be doing tht and so it may be an individual rather than a company.

 

 

Just heard from the staff....Fry has apparently decided to take the staff into the toilets one at a time and brief them or is it debrief them...Male staff only...Sexist pig..:axe:

 

No mention about swiss or silver swiss range rovers in the car park....

 

Anyway I spoke to Chalkie, who is patrolling the car park and this is Jacks reply...

" No silver Range Rovers or John Travolta look alikes here this morning...No pass no entry..That includes Kevin Keegan.":smt060

 

 

Do you know what I was sure Jack had retired when we left the dell...Mind you he is right about KK...Be warned Kevin arrange your pass just in case...:grin:

[Sevvy]

IKEA is Swedish - why do pople always mix Sweden with Swiss ? read on the Echo "forum" that ABBA the Swiss band should buy Saints : )

 

Sweden = Hot Blonds, Volvo cars, Always beat England in Footie (not U21 apperently) meatmalls, Abba and offcourse the Hives

 

Swiss = Chocolat, Coco Clocks and Cloggs

 

Spot the diffrent there

 

Sorry my mistake, you can see why i am not let out much.

[stevegrant]

It intrigues me that people naturally assume that someone taking over must have extra millions at their disposal to spend on strengthening the team.

 

Look at it another way, we have a perfectly manageable wage bill now, at roughly 50% of turnover (the reason for the problems at the moment are due to the fact that season tickets haven't been put on sale yet), and once the takeover goes through, the club won't need to service a mortgage on the stadium at about £2.5m per year or reduce an overdraft by £2m per year. That's an extra £4.5m that will be available - clearly some of it will cover existing expenses to ensure the club at least breaks even, but I would expect there to be a seven-figure sum left over from that available. That means the new owners won't necessarily have to put any of their own money in - at least not this season.

[Nineteen Canteen]

Edit.

Although I have gone off Pinnacle recently by their less than professional manner.

 

'gone off' and 'less than' surely the most understated phrases yet used to describe the level of faith in Pinnacle. FWIW Ron I agree with you but probably to the power of 100.

 

I hope if Lynam, Fialka or MLT approach Fry anytime soon he dons his best running shoes and in Forrest Gump fashion 'just keep's on running'.

[St Marco]

Probably ******** but at work rumour going round that Fry is in meeting now with the Swiss guy's until midday.

 

Guess if true then chances are you would imagine they would place a proper bid some point today.

 

Guess time will tell

[Ian the Red]

It intrigues me that people naturally assume that someone taking over must have extra millions at their disposal to spend on strengthening the team.

 

Look at it another way, we have a perfectly manageable wage bill now, at roughly 50% of turnover (the reason for the problems at the moment are due to the fact that season tickets haven't been put on sale yet), and once the takeover goes through, the club won't need to service a mortgage on the stadium at about £2.5m per year or reduce an overdraft by £2m per year. That's an extra £4.5m that will be available - clearly some of it will cover existing expenses to ensure the club at least breaks even, but I would expect there to be a seven-figure sum left over from that available. That means the new owners won't necessarily have to put any of their own money in - at least not this season.

 

At last! Gr8 point Steve, something everyone else seems to have overlooked.

 

For MLT to be involved and still supporting the bid and voicing his feelings on local TV and Radio there must be money behind the bid, enough to complete the deal and to return to a higher league

[Nineteen Canteen]

whats a coco clock??? Is that a breakfast cereal?

 

I must admit our ignorance to anything east of the English Channel is alarming. Cloggs from Switzerland? Essential climbing equipment no doubt.

 

Lets all have a fondue.

[OldNick]

It intrigues me that people naturally assume that someone taking over must have extra millions at their disposal to spend on strengthening the team.

 

Look at it another way, we have a perfectly manageable wage bill now, at roughly 50% of turnover (the reason for the problems at the moment are due to the fact that season tickets haven't been put on sale yet), and once the takeover goes through, the club won't need to service a mortgage on the stadium at about £2.5m per year or reduce an overdraft by £2m per year. That's an extra £4.5m that will be available - clearly some of it will cover existing expenses to ensure the club at least breaks even, but I would expect there to be a seven-figure sum left over from that available. That means the new owners won't necessarily have to put any of their own money in - at least not this season.

of course you are correct BUT Mandaric bankrolled leicester to the tune of 10m last season to egt their way out.

[Mole]

I believe that one of the other sticking points is over the length of the licence offered (initially 2 years), unfortunately I don't know the nuts & bolts of it but Pinnacle are hardly gonna make such a large investment without being sure of the clubs long term membership.

 

Something like this would make sense. I have heard that there are other issues (over and above the apeal), but wasn't privvy to knowing further details.

[ottery st mary]

Who cares? Nice time of year and they have an excuse for a pleasant drive across Western Europe. TBH Jonah/Art it adds creedance to their bid that instead of flying over cattle class they took a far more classy approach to arriving refreshed and ready to do business no doubt via some fancy French hotels on route. Just pray no one spots a battered wannabe driven Audi A3 in the car park.

 

 

I am led to believe that Jackos mob purchased a second hand set of wheels with swiss plates from the car auction at camberley over the weekend...They are in negotiations at St Marys regarding cleaning the windows....There is a young man who has cum all the way from Dubai with sum majic carpets....He apparently can reach the top windows.

 

Why the hell they have white suits on is anybodies guess.....Straight from The disco eh! John?

[EastleighSoulBoy]

I must admit our ignorance to anything east of the English Channel is alarming. Cloggs from Switzerland? Essential climbing equipment no doubt.

 

Lets all have a fondue.

 

Emmental my dear Watson!