S-Clarke Posted 30 June, 2009 Posted 30 June, 2009 It was inventible after their ''Exclusivity'' ended. I personally don't believe they were ever close to buying the club, I expect Lynam spent the majority of the time trying to find backers - They clearly did not have the funds from word go. The obstacles from the FL should not have been a last minute realisation, anyone with any business sense or intelligence to look at the Leeds case will know that it's not as straight forward as ''-10''. I will never forgive Lynam and the way they wasted the exclusivity period - and maybe I even questions Fry's judgement on awarding it to them. Something was fundamentally wrong with their ''bid'' from the day 1 - and I am so sad that they decided to pull MLT's name down with them. This is the end - and so typically, it ends in a farce.
Clifford Nelson Posted 30 June, 2009 Posted 30 June, 2009 I'm sure you are right, Pap, but the Ruper Lowe saga is something else. Fans, couches and other football people (Lawrie Mac for one) were continously insulted with a breathtaking arrogance. His behaviour would have turned away the customers of any company.
sotonist Posted 30 June, 2009 Posted 30 June, 2009 So now they are out can anybody name the supposedly substantially wealthy backers behind the tit who rolled up on SSN for his 15 minutes of fame, or will they just forever be the anonymous ****woggles that played us for fools?
Um Bongo Posted 30 June, 2009 Posted 30 June, 2009 What a nightmare. All i want is to buy a season ticket and see my team play football. Now it looks like we won't get the chance. All preperation for this season has gone tits up. What a disaster.
spain saint Posted 30 June, 2009 Posted 30 June, 2009 I live in Liverpool these days. It's rare to find somebody who doesn't support either Liverpool or Everton. Contrast that with Southampton. Half the people there don't care about football at all, and half of those that are left are glory-hunters who support big teams. Even among Saints fans, there has been a ton of division. Pro-Lowe, anti-Lowe, stayaways, "only interested when we were in the Premiership". Gutted that we could be closing up shop this Friday. If we don't, that stadium needs to be filled. The number of empty seats the last couple of years has been an embarrassment. Say what you like about the sk*tes, but they've always been there for their team. Thats rubbish!!! They have only been there for their team since they got to the premier league. When they were in the old first/second division they regularly saw crowds of 8,000 ish and lower!
pap Posted 30 June, 2009 Posted 30 June, 2009 I'm sure you are right, Pap, but the Ruper Lowe saga is something else. Fans, couches and other football people (Lawrie Mac for one) were continously insulted with a breathtaking arrogance. His behaviour would have turned away the customers of any company. I don't think your "company" comparison is germane in these circumstances. If Nike went bust, I can buy Adidas because I don't have an emotional investment. If the Southampton Football Company ceases to exist, I am not about to start buying football entertainment from the Portsmouth Football Company.
Strangely Brown Posted 30 June, 2009 Posted 30 June, 2009 Pinnacle........fecking North London Yobbos.......
Gorgiesaint Posted 30 June, 2009 Posted 30 June, 2009 Not sure that Fry can threaten to wind up the club on Friday whilst there are still bidders out there. If Nottm Forest have paid £1m for DMG then half of that is used to pay June's wages, some is due to Notts C (not sure how much), and some is used to keep the club functioning in the meantime. If Surman goes for £1.5m that must keep us going for at least 2 months?? This surely allows us to get into next season, albeit still admin like Darlington have been, and drawing in revenue from the gate. So I'm hoping that whilst there are bidders there is still hope. (and I'm sure the FL won't want the ignomy of a club failing mid season)
Beer Engine Posted 30 June, 2009 Posted 30 June, 2009 Thats rubbish!!! They have only been there for their team since they got to the premier league. When they were in the old first/second division they regularly saw crowds of 8,000 ish and lower! I went there on a biology field trip in that late 90's and the ground was way less than half full ..
krissyboy31 Posted 30 June, 2009 Posted 30 June, 2009 I went there on a biology field trip in that late 90's and the ground was way less than half full .. Were you studying pond life?
hughieslastminutegoal Posted 30 June, 2009 Posted 30 June, 2009 It was inventible after their ''Exclusivity'' ended. I personally don't believe they were ever close to buying the club, I expect Lynam spent the majority of the time trying to find backers - They clearly did not have the funds from word go. The obstacles from the FL should not have been a last minute realisation, anyone with any business sense or intelligence to look at the Leeds case will know that it's not as straight forward as ''-10''. I will never forgive Lynam and the way they wasted the exclusivity period - and maybe I even questions Fry's judgement on awarding it to them. Something was fundamentally wrong with their ''bid'' from the day 1 - and I am so sad that they decided to pull MLT's name down with them. This is the end - and so typically, it ends in a farce. Maybe...? These clowns clearly had no funding. What the hell has this professional administrator actually been up to all this time? He said he was satisfied they had the funds. Sorry, I just don't believe it. Lynham took offence at the label "tyre-kickers". I should think his toes are black and blue by now. He is the very definition of time waster. If anyone does buy this club, Fry should give them a big discount off the Administrator's fees.
OldNick Posted 30 June, 2009 Posted 30 June, 2009 I so hope this friend of yours knows what he/she is talking about. These last few months have been too much without any more wind-up merchants! I tried to push for more but got a reply of just trust me, so I do and so that cheered me up
Polaroid Saint Posted 30 June, 2009 Posted 30 June, 2009 Aviva (Norwich Union) issued the mortgage for St Mary's. That means that they own the place. If there is no football club playing there it can't pay for itself. Bon Jovi can't be there every two weeks, and who is to pay the rent in between concerts? So there is at least one creditor, for our biggest debt, who has got a major incentive for Saints survival. If football was a different world I could see them flogging it to those blue buggers down the road need a stadium, but since this is the real world it will not happen. I remember a time when it seemed like they were! Bl00dy OS more concerned with concerts than they were the football. Ah, remember the glory days when all we had to moan about was the OS and the catering? It's probably the wrong thing to say, but they could knock it down and build houses. Very popular thing to do to football stadiums these days it seems.
pap Posted 30 June, 2009 Posted 30 June, 2009 I went there on a biology field trip in that late 90's and the ground was way less than half full .. Fair dos, boys. I retract my last sentence.
pfc123 Posted 30 June, 2009 Posted 30 June, 2009 I suspect they found some very, very scary figures in the books and just used the -10 issue as a convenient face saving way of baling out......
Block 5 Posted 30 June, 2009 Posted 30 June, 2009 I suspect they found some very, very scary figures in the books and just used the -10 issue as a convenient face saving way of baling out...... Careful there fish fiddler........ isn't someone having a peep at your books at the moment?
hackedoff Posted 30 June, 2009 Posted 30 June, 2009 As soon as I saw that " character " on SSN I knew everyone were wasting their time.There was one thing , one thing above everything else that had to be avoided at all cost and that was not to get chancers/wasters/tyre kickers,call them what you may involved in a time wasting exercise.The club/administrator could not afford it,but in the way of much of SFC in recent years , THEY FAILED.
tttdcs Posted 30 June, 2009 Posted 30 June, 2009 Wait for it some time tomorrow ..................... Pinnacle bid is back on ! Blah blah blah
ypbl Posted 30 June, 2009 Posted 30 June, 2009 Wait for it some time tomorrow ..................... Pinnacle bid is back on ! Blah blah blah OK then, here goes. From what I hear there's no need to panic. More going on than meets the eye with Pinnacle. Don't panic just yet.
Whitey Grandad Posted 30 June, 2009 Posted 30 June, 2009 OK then, here goes. From what I hear there's no need to panic. More going on than meets the eye with Pinnacle. Don't panic just yet. Who's panicking? I haven't noticed any sense of panic anywhere. :---)
saint_stevo Posted 30 June, 2009 Posted 30 June, 2009 OK then, here goes. From what I hear there's no need to panic. More going on than meets the eye with Pinnacle. Don't panic just yet. i'll bite wat the f*ck?
Amesbury Saint Posted 30 June, 2009 Posted 30 June, 2009 OK then, here goes. From what I hear there's no need to panic. More going on than meets the eye with Pinnacle. Don't panic just yet. if true, that does not surprise me. Pinnacle prepared to pay £14m. Club sells a couple of players £2m - the better ones Now offers £8m (say) Break up value £6m (say)
trousers Posted 30 June, 2009 Posted 30 June, 2009 OK then, here goes. From what I hear there's no need to panic. More going on than meets the eye with Pinnacle. Don't panic just yet. Same source as this one...?:- 16-05-2009, 12:39 PM I know this is going to sound stupid, but I heard (from a friend of Lynam's) that the money was coming from either someone involved with RBS (I posted this a couple of weeks ago) or The National Bank of Abu Dhabi. Sorry, but I have no more information on this, and don't even know if it's accurate or not. Make of it what you will. :confused: cheers
Channon's Sideburns Posted 30 June, 2009 Posted 30 June, 2009 Same source as this one...?:- :confused: cheers Where's the Pompey guy from again? Sulemain?
Smirking_Saint Posted 30 June, 2009 Posted 30 June, 2009 You must have known all was f*cked when fry sanctioned the sales of our top assets !!
Legod Third Coming Posted 30 June, 2009 Posted 30 June, 2009 You must have known all was f*cked when fry sanctioned the sales of our top assets !! Top assets - there's a classic oxymoron when prefaced by 'Southampton's...'
Smirking_Saint Posted 30 June, 2009 Posted 30 June, 2009 Top assets - there's a classic oxymoron when prefaced by 'Southampton's...' Well, never said they were 'top assets' in the dictionary sense, unfortunately our crown silver is nothing more than a rusty spoon.
SFC Forever Posted 30 June, 2009 Posted 30 June, 2009 I may be in need of medicinal help but I have a hunch we will be ok. Apparently Pinnacle only just pipped the Swiss when getting exclusivity so justmaybe we are closer than we think to being rescued. God I pray that is the case.
The Milkybarkid Posted 30 June, 2009 Posted 30 June, 2009 There is a backer out there who would buy the club. It's just that no-one knows what they'd do with it after....
PaulSaint Posted 30 June, 2009 Posted 30 June, 2009 I may be in need of medicinal help but I have a hunch we will be ok. Apparently Pinnacle only just pipped the Swiss when getting exclusivity so justmaybe we are closer than we think to being rescued. God I pray that is the case. Yes but what was the Swiss reaction to the -10 / -25 scenario. It sent Pinnacle packing (eek)?
saintpat Posted 1 July, 2009 Posted 1 July, 2009 Yes but what was the Swiss reaction to the -10 / -25 scenario. It sent Pinnacle packing (eek)? I can't believe that anyone still thinks that the points deduction had ANYTHING to do with Pinnacle dropping out. It's just a convenient excuse for not having the money to step forward with the bid. Can someone also answer a few questions- Why- if you decided to but a football club for say £15million would you decide to go to TL to broker the deal? Has he bought football clubs before? Has he dealt with many complex multi million pound deals before? If you had 'several hundred millions pounds', wouldn't you use your own legal team who would have probably worked with you for years? The trouble is- we ALL wanted to believe TL and very few(including me) gave any thoughts to whether he was just another fantasist like MJ. Given that MJ moved from Bournemouth to Saints- which club do we think TL will get involved with next?
thorpie the sinner Posted 1 July, 2009 Posted 1 July, 2009 Pinnacle fleeced us good and proper! i don't think they ever had any money, just cost us 5 weeks trying to finalise a buyer, for that i will never forgive them! (not matt of couse)
Foxy Posted 1 July, 2009 Posted 1 July, 2009 Pinnacle fleeced us good and proper! i don't think they ever had any money, just cost us 5 weeks trying to finalise a buyer, for that i will never forgive them! (not matt of couse) In the end what happened with them didn't help us but I keep going back to the question of what Pinnacle would gain for 'fleecing' us. They've ****ed a small fortune up the wall in time and cash and I can't see why they'd do that just for the fun of getting a few bored-at-work types all irate
Kingsbridge Saint Posted 1 July, 2009 Posted 1 July, 2009 So if we go tits up the Football league lose a club, the creditors get sod all and SMS sits empty instead of generating revenue. When is someone at the Football League and Begbies going to wake up and smell the coffee?
solentstars Posted 1 July, 2009 Posted 1 July, 2009 i think we should be Sponsored by kwik fit with all the tyre kickers we seem to attract.
The Godfather Posted 1 July, 2009 Posted 1 July, 2009 In the end what happened with them didn't help us but I keep going back to the question of what Pinnacle would gain for 'fleecing' us. They've ****ed a small fortune up the wall in time and cash and I can't see why they'd do that just for the fun of getting a few bored-at-work types all irate They didn't pay any cash up front, leon Crouch did.
John B Posted 1 July, 2009 Posted 1 July, 2009 I am pleased that Pinnacle have not bought the club as I was never impressed with what they were doing or saying. I thought getting Leon and MLT was populist and suggested that they had little else behind them
Victor Posted 1 July, 2009 Posted 1 July, 2009 Say what you like about the sk*tes, but they've always been there for their team. Always!? You are talking pap, have a very short memory or are extremely young.
mickn Posted 1 July, 2009 Posted 1 July, 2009 They didn't pay any cash up front, leon Crouch did. I keep seeing this but does anyone actually have any proper evidence that Crouch did indeed put that money up?
Wurzel Posted 1 July, 2009 Posted 1 July, 2009 looks like the Football League putting the blame squarely on Pinnacle http://www.dailyecho.co.uk/sport/saints/news/4467910.Football_League_hit_out_at_Pinnacle/?ref=rss
korruptor Posted 1 July, 2009 Posted 1 July, 2009 Is the shop still open? I feel the need to get another shirt in case its the last I'll ever wear Seriously hoping for good news come Friday, but now very worried that I'll no longer have a team. Absolutely gutted yesterday
Clifford Nelson Posted 1 July, 2009 Posted 1 July, 2009 I don't think your "company" comparison is germane in these circumstances. If Nike went bust, I can buy Adidas because I don't have an emotional investment. If the Southampton Football Company ceases to exist, I am not about to start buying football entertainment from the Portsmouth Football Company. Not entirely germane, I give you that, but the "customers" here did something else. They didn't buy another brand (that is the peculiarity of team sports) they just stopped buying. If the CEO of Nike was so arrogant towards his customers they will probably buy another brand, so that Nike goes bust. In a way that is what has happened here. In my experience arrogance is nothing specific to RL, senior management everywhere in the UK is steeped in a culture where it plays a major part. Mostly, although not always, they keep their arrogance private. RL couldn't stop himself from going public with it at every turn.
Matthew Le Tissier Posted 1 July, 2009 Posted 1 July, 2009 i keep seeing this but does anyone actually have any proper evidence that crouch did indeed put that money up? ill think you will find that matt put some upfront to ..which his mrs was not impressed about when she found out
gonzo Posted 1 July, 2009 Posted 1 July, 2009 I keep seeing this but does anyone actually have any proper evidence that Crouch did indeed put that money up? Nobody here has any real hard evidence AFAIK. However, Crouch's 'no comment' on the matter speaks volumes.
Fitzhugh Fella Posted 1 July, 2009 Posted 1 July, 2009 Pinnacle fleeced us good and proper! i don't think they ever had any money, just cost us 5 weeks trying to finalise a buyer, for that i will never forgive them! (not matt of couse) Matt needs to share some blame - he had a duty to check out the people he was prepared to allow his name to be tied to. Sorry. Matt's patronage enabled Pinnacle to prolong the charade.
John B Posted 1 July, 2009 Posted 1 July, 2009 Matt needs to share some blame - he had a duty to check out the people he was prepared to allow his name to be tied to. Sorry. Matt's patronage enabled Pinnacle to prolong the charade. Of course both MLT and Crouch if they paid out money should take blame.
aintforever Posted 1 July, 2009 Posted 1 July, 2009 I cannot believe MLT and Crouch would be dumb enough to pay out their own cash while Lynham was banging on about someone worth hundreds of millions being behind it. It makes no sense.
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