Master Bates Posted 1 July, 2009 Posted 1 July, 2009 (edited) Todays Echo is a more positive read Potential foreign owners (not Swiss) in late night talks (worldwide financial services group). Last remains of due diligence being completed, lawyers finalising contracts. In the background, plans were being mapped out for their first days and weeks in charge so they can hit the ground running. The Swiss one is a one wealthy person industrialist. http://www.dailyecho.co.uk/sport/saints/news/4467677.Potential_foreign_owners_in_late_night_talks_with_creditors/ Edited 1 July, 2009 by Master Bates
Saint Richard of Woolston Posted 1 July, 2009 Posted 1 July, 2009 Fingers crossed. Shame it is the Echo reporting it which immediately casts doubt as to its validity.
Master Bates Posted 1 July, 2009 Author Posted 1 July, 2009 Front page says "We can confirm 2 international based financial groups are racing to finalise their bids. And last night, as the Echo went to print, one of the groups was poised to possibly take control today".
sussexsaint Posted 1 July, 2009 Posted 1 July, 2009 Oh good god not again, I 'm not sure how much more of this I can take.
The Godfather Posted 1 July, 2009 Posted 1 July, 2009 Front page says "We can confirm 2 international based financial groups are racing to finalise their bids. And last night, as the Echo went to print, one of the groups was poised to possibly take control today". Sounds positive but their's always doom & gloom around the corner.
Joesaint Posted 1 July, 2009 Posted 1 July, 2009 God I hope they get the club, well anyone I just want saints to live on. Would not want to see RL though.
chrisobee Posted 1 July, 2009 Posted 1 July, 2009 Unfortunately one word just jumps out at me and that is "possibly". Seem to have been a lot of possible developments lately which turned out to just raise false hopes. So thanks for posting that but I'm not sure I can raise my hopes again.
Master Bates Posted 1 July, 2009 Author Posted 1 July, 2009 Sounds positive but their's always doom & gloom around the corner. And hopefully that corner was yesterday which we've now finally turned.
Gingeletiss Posted 1 July, 2009 Posted 1 July, 2009 Todays Echo is a more positive read Potential foreign owners (not Swiss) in late night talks (worldwide financial services group). Last remains of DD being completed, lawyers finalising contracts. In the background, plans were being mapped out for their first days and weeks in charge so they can hit the ground running. The Swiss one is a one wealthy person industrialist. Oh goody........lets find out more, then the select few on here can start their campaign of hate.
Pilchards Posted 1 July, 2009 Posted 1 July, 2009 You are clever Mr Salz, Just make sure you bring a half decent manager on board.
sussexsaint Posted 1 July, 2009 Posted 1 July, 2009 er what does DD stand for - presumably not the Direct Debit I suppose the one major peice of evidence that adds validity to this is that noone from either bid has come on here pretending to be the 'voice of the fans' like the last 2 bidders in other words businessmen
Master Bates Posted 1 July, 2009 Author Posted 1 July, 2009 er what does DD stand for - presumably not the Direct Debit I suppose the one major peice of evidence that adds validity to this is that noone from either bid has come on here pretending to be the 'voice of the fans' like the last 2 bidders in other words businessmen Due diligence
Beer Engine Posted 1 July, 2009 Posted 1 July, 2009 Oh goody........lets find out more, then the select few on here can start their campaign of hate. I can't speak for my fellow sceptics of course, but for my own part, I would have been delighted if TL and MLT had done what they said they were going to do. It was only when those feeble excuses started to surface just before the time for the cash to be handed over that I and a few others smelled a rat. It wasn't a campaign of hate just a realistic appraisal of the few facts that were available.
Master Bates Posted 1 July, 2009 Author Posted 1 July, 2009 BBC Solent say MLT's involved with the Swiss. I didn't hear it as i'm at work, anyone else hear that?
John B Posted 1 July, 2009 Posted 1 July, 2009 BBC Solent say MLT's involved with the Swiss. I didn't hear it as i'm at work, anyone else hear that? Yes I think that was mentioned somewhere else.
SOTONS EAST SIDE Posted 1 July, 2009 Posted 1 July, 2009 I believe its the Swiss who will make a formal bid first! Not ITK, just rumours i've heard!
Wes Tender Posted 1 July, 2009 Posted 1 July, 2009 International Financial Services Group....Aviva???
Torres Posted 1 July, 2009 Posted 1 July, 2009 International Financial Services Group....Aviva??? Landsbanki?
sussexsaint Posted 1 July, 2009 Posted 1 July, 2009 The interview in the echo yesterday clearly stated that MLT was not going to even think about anything like that for 48 hours yet 3 hours later he is linked with the swiss?????
slickmick Posted 1 July, 2009 Posted 1 July, 2009 Oh goody........lets find out more, then the select few on here can start their campaign of hate. Those being the few that were spot on you mean.
FloridaMarlin Posted 1 July, 2009 Posted 1 July, 2009 Worldwide financial services group - Fulcrum Asset Management? Gavyn Davies to the rescue?
Ruffo Posted 1 July, 2009 Posted 1 July, 2009 sorry I have lost faith in the amount of speculation and itk rubbish that has dominated the Saints takeover. Happy to eat my hat.
Master Bates Posted 1 July, 2009 Author Posted 1 July, 2009 http://www.dailyecho.co.uk/sport/saints/news/4467677.Potential_foreign_owners_in_late_night_talks_with_creditors/
northam soul Posted 1 July, 2009 Posted 1 July, 2009 Bloody hell where have this other lot suddenly sprung from to be in a position where they are further advanced than the Swiss lot. Now we have ( supposedly ) 2 wealthy foreign bids fighting over us when only yesterday we had just lost our 2 siamese fighting fish in Lynam and Longlife. Somebody told me last night that Fry had a lot to do with Jackson + Pinnacle withdrawing as he had already lined up a better solution to the situation as they had taken far too long.
ART Posted 1 July, 2009 Posted 1 July, 2009 Matt Le Tissier has previously been mentioned as being linked to the Swiss bid, something I mentioned last week. However, I can't get enthusiastic about anything that's printed in the Daily Echo anymore. "Hitting the ground running" they say, but with the kind of points deductions we face, no one is going to hit the ground running. No manager is going to join us facing such adverse odds. If a greater points deduction than 10 points is the case then we would be better to request immediate relegation to League Two and a clean slate. In so doing we'd be better placed come the end of the season with a reasonable chance of being in League One than another season in hell. I'll repeat once again that we need to bring in no nonsense team of DENNIS WISE and GUS POYET to stand any chance progressing. Failing that we might as well two finger everyone and apply to join the Blue Squad League. Nice to see Norwich sympathising with our dilemma though.
Foxstone Posted 1 July, 2009 Posted 1 July, 2009 International Financial Services Group....Aviva??? I would be surprised.. I work for Aviva and it seems that they are throwing the kitchen sink at British athletics right now, especially to maximise coverage at the 2012 Olympics. Other than NCFC ( Which seemingly was a political move), much of their sponsorship is geared to putting the brand into a more global vision. However, stranger things have happened. I'm just looking for some good, positive news today - We are long overdue some.
thorpie the sinner Posted 1 July, 2009 Posted 1 July, 2009 God bless the possible takeover we know nothing about! God bless their professionalism! Just hope one of them comes off. I think I would prefer the Swiss as they have been in the mix from the start.
thorpie the sinner Posted 1 July, 2009 Posted 1 July, 2009 Matt Le Tissier has previously been mentioned as being linked to the Swiss bid, something I mentioned last week. However, I can't get enthusiastic about anything that's printed in the Daily Echo anymore. "Hitting the ground running" they say, but with the kind of points deductions we face, no one is going to hit the ground running. No manager is going to join us facing such adverse odds. If a greater points deduction than 10 points is the case then we would be better to request immediate relegation to League Two and a clean slate. In so doing we'd be better placed come the end of the season with a reasonable chance of being in League One than another season in hell. I'll repeat once again that we need to bring in no nonsense team of DENNIS WISE and GUS POYET to stand any chance progressing. Failing that we might as well two finger everyone and apply to join the Blue Squad League. Nice to see Norwich sympathising with our dilemma though. Now we are where we are, I don't think I would argue with either of those choices Art!
Chez Posted 1 July, 2009 Posted 1 July, 2009 No manager is going to join us facing such adverse odds. rubbish, there are so many managers and ex players out of work not to mention coaches and even managers in work that would jump at the chance of the Saints job. A new owner brings new hope. Whether they turn out to be good is a different story.
dellboypete Posted 1 July, 2009 Posted 1 July, 2009 the bit that worries me from the echo is : "The group claim they have enough wealth to go through with the takeover" If they are a big group surely they don' have to claim they've got the funds - not another pinnacle I hope
Matthew Le God Posted 1 July, 2009 Posted 1 July, 2009 Nick Leeson now has experience running a football club, maybe its a Singapore consortium?
saint_stevo Posted 1 July, 2009 Posted 1 July, 2009 the bit that worries me from the echo is : If they are a big group surely they don' have to claim they've got the funds - not another pinnacle I hope think your reading too much into it. What are they meant to say? They will have to go through full DD with Fry, and im sure he wont be bitten twice......???
NickG Posted 1 July, 2009 Posted 1 July, 2009 Nick Leeson now has experience running a football club, maybe its a Singapore consortium? and he has a saints link
Foxy Posted 1 July, 2009 Posted 1 July, 2009 Nick Leeson now has experience running a football club, maybe its a Singapore consortium? Do we really need expertise in the art of ****ing untold millions up the wall in a wild punt, realising it was going nowhere, then panicking and chucking plenty of good money after bad?
saintbletch Posted 1 July, 2009 Posted 1 July, 2009 Do we really need expertise in the art of ****ing untold millions up the wall in a wild punt, realising it was going nowhere, then panicking and chucking plenty of good money after bad? Continuity?
Draino76 Posted 1 July, 2009 Posted 1 July, 2009 Industrialist Ira Rennert, who built the 110,000-square-foot palace in Sagaponack, is on the list at $3.5 billion. Marc Rich, the wealthy Wall Streeter who lived in exile in Switzerland for 15 years to avoid an indictment until finally famously pardoned by President Bill Clinton, is at $1.5 billion. His ex-wife, Denise Rich, with whom he has remained friends through it all, has a house here. Wilbur Ross, the industrialist and investment banker who has homes in Southampton and Palm Beach, is at $1.7 billion. Related's Stephen Ross, the skyscraper builder, is at $4.5 billion. And Vornado's Steven Roth, another skyscraper builder, is at $1.3 billion. Speaking of the letter R, there is no Rattiner on the list. There may have been one before, but if there was, he has dropped off.
alpine_saint Posted 1 July, 2009 Posted 1 July, 2009 The Echo have made a fortune the last couple of months from the fair people of Southampton by posting wilding oscillating slants on stories at SMS and hooking people in. I've stopped reading the sensationalist b*llocks
bungle Posted 1 July, 2009 Posted 1 July, 2009 Their sensationalist b*llocks is much more accurate than your sensationalist b*llocks. Wrong every time, alpo.
Foxy Posted 1 July, 2009 Posted 1 July, 2009 (edited) Wilbur Ross, the industrialist and investment banker who has homes in Southampton and Palm Beach, is at $1.7 billion. Hmmm, but let's facing we are back to blindfold darts aren't we? And given that he's a US finacnier it could well be the Southampton on Long Island Edited 1 July, 2009 by Foxy
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