NickG Posted 8 July, 2009 Author Share Posted 8 July, 2009 Mods Can we have one thread and make it a sticky? "Day 98 take over concluding" or similar? Or at least all update on of four threads running now. Link to comment Share on other sites More sharing options...
The Godfather Posted 8 July, 2009 Share Posted 8 July, 2009 They overseas group can complain as much as they want but the administrator does the best deal of behalf of the creditors, although the Echo is probaly making a bigger story of it than it actually is. Link to comment Share on other sites More sharing options...
eelpie Posted 8 July, 2009 Share Posted 8 July, 2009 Today, 07:54 AM thorpie the sinner Full Member Join Date: Nov 2006 Location: anywhere that will have me Posts: 1,757 The overseas consortium are complaining: They have a higher offer, speaking to Fry yesterday afternoon, have money in account already, plans on and off the field and feel they should own us!!!! you couldn't make this up could you?????? Have you? Link to comment Share on other sites More sharing options...
darren1 Posted 8 July, 2009 Share Posted 8 July, 2009 Should have pulled their finger out then. They had long enough.... Link to comment Share on other sites More sharing options...
sussexsaint Posted 8 July, 2009 Share Posted 8 July, 2009 Calm yourselves , all will be well - the deal is done. Link to comment Share on other sites More sharing options...
Big Bad Bob Posted 8 July, 2009 Share Posted 8 July, 2009 as I said earlier, don't understand why he doesn't ring up and put it on his credit card- its immediate! Would you? What would the purchase interest be on £15M? Anyway he's probably maxxed them all out Link to comment Share on other sites More sharing options...
BARCELONASAINT Posted 8 July, 2009 Share Posted 8 July, 2009 It is bloody ridiculous, one minute we cant find anyone remotely interested in buying us and are virtually at deaths door and then come along two loaded parties that are desperate to buy us. It beggars belief that this overseas group are now complaining....if they had wanted us that badly they should have pulled their bloody finger out weeks if not months ago :mad: Come on Swiss just complete today and let this be an end to it!! Link to comment Share on other sites More sharing options...
dubai_phil Posted 8 July, 2009 Share Posted 8 July, 2009 Today, 07:54 AM thorpie the sinner Full Member Join Date: Nov 2006 Location: anywhere that will have me Posts: 1,757 -------------------------------------------------------------------------------- The overseas consortium are complaining: They have a higher offer, speaking to Fry yesterday afternoon, have money in account already, plans on and off the field and feel they should own us!!!! you couldn't make this up could you?????? What a farce!!!!!!!!!!!!!!!!!! NOOOOOOOOOOOOOOOOOOOOOOOOO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Come off it! In reality we know absolutely eff all about either bid. We all make assumptions, but we don't have any FACTS or details yet. I do not believe for a minute that there will be anything wrong with either bidder group, but FFS have we not learnt ONE lesson in the past Going Wilde, reaching for the Pinnacle hysteria? So the reaction should be - phew - a back up that isn't TL or MJ exists. Link to comment Share on other sites More sharing options...
DT Posted 8 July, 2009 Share Posted 8 July, 2009 There was me thinking Switzerland was 'overseas'... We're all getting carried away. Surely transfer of funds is the key point, not some minor issue. Cheque's in the post, and all that. Personally I'm optimistic but cautious. We've been here too many times. Oh, and we don't know what on earth the new owner's plans are. For all we know he plans to sell the ground to Pompey... Link to comment Share on other sites More sharing options...
iansums Posted 8 July, 2009 Share Posted 8 July, 2009 Todays Echo article now on the web: http://www.dailyecho.co.uk/sport/saints/news/4479991.The__ideal_owner__for_Saints/ Link to comment Share on other sites More sharing options...
dubai_phil Posted 8 July, 2009 Share Posted 8 July, 2009 There was me thinking Switzerland was 'overseas'... We're all getting carried away. Surely transfer of funds is the key point, not some minor issue. Cheque's in the post, and all that. Personally I'm optimistic but cautious. We've been here too many times. Oh, and we don't know what on earth the new owner's plans are. For all we know he plans to sell the ground to Pompey... Ah, thanks for clearing that up The Cheque's in the Post Of course I love you I won't *** in your mouth The old chestnuts are the best! Relax, pretty sure it is EU legislation on movement of large sums of money - paperwork, it isn't just about using the on-line banking service at this level Link to comment Share on other sites More sharing options...
sussexsaint Posted 8 July, 2009 Share Posted 8 July, 2009 http://www.dailyecho.co.uk/sport/saints/news/4479991.The__ideal_owner__for_Saints/ Oooo I like the word billions Link to comment Share on other sites More sharing options...
Dr Who? Posted 8 July, 2009 Share Posted 8 July, 2009 Right the monies should be transfered by latest 11am this morning. I take it they have wored it CHAPS and not done it by BACS which (can) take up to 2/3 days!! Just to get our backs up they have probably paid BACS ha ha ha!! Link to comment Share on other sites More sharing options...
trousers Posted 8 July, 2009 Share Posted 8 July, 2009 Right the monies should be transfered by latest 11am this morning. I take it they have wored it CHAPS and not done it by BACS which (can) take up to 2/3 days!! Source? ta Link to comment Share on other sites More sharing options...
angelman Posted 8 July, 2009 Share Posted 8 July, 2009 hmmm. CHAPS is expensive. Costs £20. Link to comment Share on other sites More sharing options...
Dr Who? Posted 8 July, 2009 Share Posted 8 July, 2009 Source? ta Sorry just in general if a funds transfer is made by wire (CHAPS) it will clear the same day if made before 2 or 3pm. As they made the payment afterwards then it is carries forward to the next morning and will clear in a couple of hours. BACS will take two days unless it is between two certain banks then it will take 2/3 working days, but can clear the same day as the transfer. I am sure that as we are talking million's they will be a longer process than this and we should here something on Friday Link to comment Share on other sites More sharing options...
trousers Posted 8 July, 2009 Share Posted 8 July, 2009 hmmm. CHAPS is expensive. Costs £20. It's much much worse than that I'm afraid....nearer £30 this days. Link to comment Share on other sites More sharing options...
sussexsaint Posted 8 July, 2009 Share Posted 8 July, 2009 FFS that was probably Pinnacles sticking point Link to comment Share on other sites More sharing options...
trousers Posted 8 July, 2009 Share Posted 8 July, 2009 Sorry just in general if a funds transfer is made by wire (CHAPS) it will clear the same day if made before 2 or 3pm. As they made the payment afterwards then it is carries forward to the next morning and will clear in a couple of hours. BACS will take two days unless it is between two certain banks then it will take 2/3 working days, but can clear the same day as the transfer. I am sure that as we are talking million's they will be a longer process than this and we should here something on Friday Apologies, I thought you had confirmation that the payment had actually entered the system rather than working backwards from the earliest possible settlement time. My first job was working on the CHAPS system....in the days of punched cards. Oh, happy days. Link to comment Share on other sites More sharing options...
Dr Who? Posted 8 July, 2009 Share Posted 8 July, 2009 It's much much worse than that I'm afraid....nearer £30 this days. I think this could see the deal fall through!! Link to comment Share on other sites More sharing options...
trousers Posted 8 July, 2009 Share Posted 8 July, 2009 FFS that was probably Pinnacles sticking point What, the CHAPS payment or the fact that some say they were wearing chaps? (that's a wee comical aside for any lawyers watching and has absolutely no basis in fact) Link to comment Share on other sites More sharing options...
musesaint Posted 8 July, 2009 Share Posted 8 July, 2009 FFS! Please get on with it! Link to comment Share on other sites More sharing options...
angelman Posted 8 July, 2009 Share Posted 8 July, 2009 I imagine the funds are probably sitting in an ESCROW account with the administrator's lawyers. Link to comment Share on other sites More sharing options...
saint_stevo Posted 8 July, 2009 Share Posted 8 July, 2009 how much is 3billion euros in pounds then? cant be bothered to work it out for myself. thanks Link to comment Share on other sites More sharing options...
andysstuff Posted 8 July, 2009 Share Posted 8 July, 2009 how much is 3billion euros in pounds then? cant be bothered to work it out for myself. thanks Ball Park? £2.6bn Link to comment Share on other sites More sharing options...
gaz Posted 8 July, 2009 Share Posted 8 July, 2009 i bet theres a bank somewhere creaming over the interest £15m makes. Handy when the banking world is on its arse. Link to comment Share on other sites More sharing options...
SaintDonkey Posted 8 July, 2009 Share Posted 8 July, 2009 Ball Park? £2.6bn 2.59578437 billion British pounds (it's nice to be precise about these things ) Link to comment Share on other sites More sharing options...
SaintRichmond Posted 8 July, 2009 Share Posted 8 July, 2009 Do we know when the funds will be transferred and when this is going to be formally announced? I've just checked my Bank Account .........nothing arrived yet ........ Link to comment Share on other sites More sharing options...
merrimd Posted 8 July, 2009 Share Posted 8 July, 2009 Just to be a real pedant, CHAPS would only be used for UK to UK transfer. IMT or similar for Swiss to UK me thinks. Link to comment Share on other sites More sharing options...
sussexsaint Posted 8 July, 2009 Share Posted 8 July, 2009 I had an 'Alan Partridge' moment last night when I saw the photo of the aged gent - you know the episode where he is given his second series by the new head of the BBC and the bloke snuffs it just before he can sign the deal. This morning however I think I will have a 'moment' with young Lucy Pinder Link to comment Share on other sites More sharing options...
Draino76 Posted 8 July, 2009 Share Posted 8 July, 2009 May I suggest he moves over €500million he has in mind for Saints now, as the £ will strengthen in the coming months against teh €. Link to comment Share on other sites More sharing options...
Guy Posted 8 July, 2009 Share Posted 8 July, 2009 May I suggest he moves over €500million he has in mind for Saints now, as the £ will strengthen in the coming months against teh €. A good point, compared to a UK based buyer someone with Euros to spent will be getting an even better deal on the purchase price and the better chance of being able to sell at a profit in the future if/when the Pound strengthens against the Euro. Link to comment Share on other sites More sharing options...
Draino76 Posted 8 July, 2009 Share Posted 8 July, 2009 A good point, compared to a UK based buyer someone with Euros to spent will be getting an even better deal on the purchase price and the better chance of being able to sell at a profit in the future if/when the Pound strengthens against the Euro. Cheers. Also in the times online; http://www.timesonline.co.uk/tol/sport/football/football_league/article6666035.ece Too late for the overseas folk. Link to comment Share on other sites More sharing options...
SW11_Saint Posted 8 July, 2009 Share Posted 8 July, 2009 Right the monies should be transfered by latest 11am this morning. I take it they have wored it CHAPS and not done it by BACS which (can) take up to 2/3 days!! Just to get our backs up they have probably paid BACS ha ha ha!! He might have to do it by money order, and if there's a queue at the town centre Post Office today, who knows long it'll take... Link to comment Share on other sites More sharing options...
Evo Posted 8 July, 2009 Share Posted 8 July, 2009 It will surely be t/t, CHAPS is UK Interbank innit. The biggest Postal Order you can get is now £250. So, if the printer machine is broken and they are having to write out c. 50,000 Postal Orders by hand it could take some time. The poor chap behind the counter will have a bit of cramp after that Link to comment Share on other sites More sharing options...
Third Division South Days Posted 8 July, 2009 Share Posted 8 July, 2009 Cheers. Also in the times online; http://www.timesonline.co.uk/tol/sport/football/football_league/article6666035.ece Too late for the overseas folk. On balance probably a good thing. Consortiums can lead to future disagreements. At least one owner makes final decisions. Link to comment Share on other sites More sharing options...
Under Weststand Posted 8 July, 2009 Share Posted 8 July, 2009 Hope the local CO-OP travel agents have enough sterling in this morning when Markus drops in to change his Euro travelers cheques. Link to comment Share on other sites More sharing options...
SO16_Saint Posted 8 July, 2009 Share Posted 8 July, 2009 Catherine Jenkins is HOT HOT HOT. (singing the national anthems at the cricket opening ceremony) Sorry - bit of light relief from the stress of the takeover...! Link to comment Share on other sites More sharing options...
suewhistle Posted 8 July, 2009 Share Posted 8 July, 2009 Perhaps someone on the OS has a sense of humour.. "Tired of pressing F5 on your computer? Then why not sign up to the official Saints FC text alerts" Link to comment Share on other sites More sharing options...
saintjay77 Posted 8 July, 2009 Share Posted 8 July, 2009 Catherine Jenkins is HOT HOT HOT. (singing the national anthems at the cricket opening ceremony) Sorry - bit of light relief from the stress of the takeover...! The weather girl that was in the build up in the flasher mac was smokin hot too. Anythin happened on the takeover front though? Link to comment Share on other sites More sharing options...
Charlie Wayman Posted 8 July, 2009 Share Posted 8 July, 2009 A Bird in hand is worth dozens in the bushes... At least I think so.. Maybe not the best cliche? I'll wait for some nice but not too smutty responses now. Link to comment Share on other sites More sharing options...
ringwood Posted 8 July, 2009 Share Posted 8 July, 2009 will it be an LSE announcement first? Link to comment Share on other sites More sharing options...
nickfinks Posted 8 July, 2009 Share Posted 8 July, 2009 this is boring me now, come on... Link to comment Share on other sites More sharing options...
Smirking_Saint Posted 8 July, 2009 Share Posted 8 July, 2009 A Bird in hand is worth dozens in the bush true Link to comment Share on other sites More sharing options...
saintjay77 Posted 8 July, 2009 Share Posted 8 July, 2009 i was wondering if anyone had signed up to the text thingy on the OS and how much sooner those people would find anything out? Link to comment Share on other sites More sharing options...
Greedyfly Posted 8 July, 2009 Share Posted 8 July, 2009 Catherine Jenkins is HOT HOT HOT. (singing the national anthems at the cricket opening ceremony) Sorry - bit of light relief from the stress of the takeover...! Jesus Christ. She is. Great set of lungs. Link to comment Share on other sites More sharing options...
Right sider Posted 8 July, 2009 Share Posted 8 July, 2009 will it be an LSE announcement first? Doubt it as we are no longer a PLC. Link to comment Share on other sites More sharing options...
SW11_Saint Posted 8 July, 2009 Share Posted 8 July, 2009 i was wondering if anyone had signed up to the text thingy on the OS and how much sooner those people would find anything out? After we do I suspect... Link to comment Share on other sites More sharing options...
ringwood Posted 8 July, 2009 Share Posted 8 July, 2009 re the LSE 09:15 02-Jun-2009 SOO Exclusivity Agreement RNS 0.00% 11:25 15-May-2009 SOO Termination of talks RNS 0.00% 17:00 24-Apr-2009 SOO Update RNS 0.00% 15:39 02-Apr-2009 SOO Rule 2.10 Announcement RNS 0.00% 11:58 02-Apr-2009 SOO Appointment of Administrators RNS 0.00% 07:00 01-Apr-2009 Suspension - Southampton Leisure Holdings Plc RNS 0.00% 07:00 01-Apr-2009 SOO Suspension of Shares RNS 0.00% so as theres no mention of delisting I would assume that it will be necessary to inform them that shares are no longer available and an announcement that the company is no more and delisted? Link to comment Share on other sites More sharing options...
sotonjoe Posted 8 July, 2009 Share Posted 8 July, 2009 Get it done ahhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhhh Link to comment Share on other sites More sharing options...
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