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Pompey or Saints - Is their current financial position worse than ours was?

lordswoodsaints

By lordswoodsaints,
in The Saints

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Norm

Norm

Posted
Posted
Actually, that's the first time I've laughed at anything Pompey related for weeks :D

 

pfc, I really am sorry! I really did promised that I would not laugh at your perilous position but I could not help myself:wink: That is sooooo funny and well thought out. Brilliant:smt041

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Kingsland Nick

Kingsland Nick

Posted
Posted
How many season tickets would that have been? I always find it strange that none were sold in March if we were that desperate for money :confused:

 

Not sure that the courts would have looked too kindly on a club on the verge of going bust selling season tickets costing a few hundred pounds each five months before the first match.

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SaintRichmond

SaintRichmond

Posted
Posted
Not really Lowe's fault that was it.

 

No, of course not

 

You can't expect a Chairman of over Ten Years, an acknowledged Businessman, to attract INVESTMENT to an "Attractive" South Coast Football Club, now can you

 

So, I agree, it wasn't Lowe's fault that he was so "F'ing Useless as a Chairman:cool:

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Thedelldays

Thedelldays

Posted
Posted
No, of course not

 

You can't expect a Chairman of over Ten Years, an acknowledged Businessman, to attract INVESTMENT to an "Attractive" South Coast Football Club, now can you

 

So, I agree, it wasn't Lowe's fault that he was so "F'ing Useless as a Chairman:cool:

 

 

until abramovic came in...getting in rich foreign investors was not really the done thing...it was all PLCs etc...now it h as gone the other way...at some point it will change again

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SaintRobbie

SaintRobbie

Posted
Posted
Pompey £90000000 in debt and keep going and we go under for £50000 that Lowe could not find.

 

To be fair, even Barclays Bank could see Lowe was just leading us into another relegation - and I am talking about the one from League 1 to League 2 that wouldve happened had Lowe and Wotte stayed.

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CB Fry

CB Fry

Posted
Posted
No, of course not

 

You can't expect a Chairman of over Ten Years, an acknowledged Businessman, to attract INVESTMENT to an "Attractive" South Coast Football Club, now can you

 

So, I agree, it wasn't Lowe's fault that he was so "F'ing Useless as a Chairman:cool:

 

 

Well if it was down to you Saints would now be playing in their spiritual heartland of errr, an industrial estate in the middle of nowhere on the way to Eastleigh.

 

In front of 25,000 maximum.

 

And surrounded by a cinema and a bowling alley.

 

Brilliant.

 

But you think that is what genuine football fans really wanted, because, and I quote YOU "it's nearer the airport".

 

You haven't got a clue and never have. :rolleyes:

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OldNick

OldNick

Posted
Posted
No, of course not

 

You can't expect a Chairman of over Ten Years, an acknowledged Businessman, to attract INVESTMENT to an "Attractive" South Coast Football Club, now can you

 

So, I agree, it wasn't Lowe's fault that he was so "F'ing Useless as a Chairman:cool:

when we were in the PL the major shareholders didnt want to sell their shares as it was long term likely to be a good investment. If we had stayed up and the tv revenues flowed the shareholders would have made a mint. It fell at the last hurdle. Of ocurse some big mistakes were made but all the longterm people who had their noses in the trough wouldnt sell and so a sugar daddy could not come in anyway. Of course if he paid 2-3 times the clubs worht they may have sold, but that was not goin to happen.
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Wes Tender

Wes Tender

Posted
Posted
Well if it was down to you Saints would now be playing in their spiritual heartland of errr, an industrial estate in the middle of nowhere on the way to Eastleigh.

 

In front of 25,000 maximum.

 

And surrounded by a cinema and a bowling alley.

 

Brilliant.

 

But you think that is what genuine football fans really wanted, because, and I quote YOU "it's nearer the airport".

 

You haven't got a clue and never have. :rolleyes:

 

You don't have much of a clue either, as the cinema was never on the cards. And additionally, as well as the airport, there was the proximity of the Railway station on main arterial routes and the good motorway links. Furthermore, the site is not in the middle of an industrial estate either and the stadium would also have had the possibility of a size expansion much as this one has and could have had several other attractions to pull in income and raise its profile other than a bowling alley.

 

As for whether it was what genuine fans wanted or not, that is irrelevant, as it was of course the only option available at the time. Anyway, your assertion that genuine fans did not want it there is also erroneous, as that is down to convenience and although many who live in the city centre might be happiest with a stadium within walking distance, I suspect that at least an equal percentage of fans would have been happier with one that was more easy to travel to on the outskirts.

 

Anyway, we are where we are and are used to it now. But just because Lowe f*cked up Stoneham, doesn't mean that it wasn't still a good idea from many aspects and that you should sneer at others who might have favoured it as somehow not being genuine fans.

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Foxstone

Foxstone

Posted
Posted

 

If what we read and understand over the past few weeks is true then I can't see how this can be lifted.

 

Suspect it another one of "Storrie Tellers" attempts to gloss over the dire situation he has contributed so handsomely towards.

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CB Fry

CB Fry

Posted
Posted

 

 

 

As others have already said - they've been saying this for months.

 

And it is interesting they never say "we'll be paying back what we owe" just "the embargo will be lifted".

 

Much like accusing the taxman of behaving "illegally", everything that comes out of that toilet of a football club is empty grandstanding and pointless posture.

 

A football club built entirely on blagging it.

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hypochondriac

hypochondriac

Posted
Posted
No, of course not

 

You can't expect a Chairman of over Ten Years, an acknowledged Businessman, to attract INVESTMENT to an "Attractive" South Coast Football Club, now can you

 

So, I agree, it wasn't Lowe's fault that he was so "F'ing Useless as a Chairman:cool:

 

The only reason we were bought was because we were 12 million and even then it was right at the last minute. Don't be a fool.

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Whitey Grandad

Whitey Grandad

Posted
Posted
At what point can players rip up their contracts due to not being paid? - Could make for some fun and games down there

There have been various suggestions on here ranging from 3 months, to 14 days if it has happened a couple of times before. The standard Football League contract has some such clause but I don't know about the PL. There is also the question of standard employment law. From what I have read it's a case of the player applying to have his contract voided at which point he would become a free agent with no transfer fee involved and possibly he may then be able to play for a third club in the same season.

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saint si

saint si

Posted
Posted
There have been various suggestions on here ranging from 3 months, to 14 days if it has happened a couple of times before. The standard Football League contract has some such clause but I don't know about the PL. There is also the question of standard employment law. From what I have read it's a case of the player applying to have his contract voided at which point he would become a free agent with no transfer fee involved and possibly he may then be able to play for a third club in the same season.

 

The contract pro forma for all PL players is on the PL website as part of the "Forms" download:

 

http://www.premierleague.com/page/Handbook/0,,12306,00.html

 

Relevant section is Form 13, clause 17:

 

"If the Club is guilty of serious or persistent breach of the terms and conditions of this Agreement the Player may on giving fourteen days’written notice to the Club terminate this agreement."

 

So the 14 days notice commences when the players decide they've had enough...

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Whitey Grandad

Whitey Grandad

Posted
Posted
The contract pro forma for all PL players is on the PL website as part of the "Forms" download:

 

http://www.premierleague.com/page/Handbook/0,,12306,00.html

 

Relevant section is Form 13, clause 17:

 

"If the Club is guilty of serious or persistent breach of the terms and conditions of this Agreement the Player may on giving fourteen days’written notice to the Club terminate this agreement."

 

So the 14 days notice commences when the players decide they've had enough...

Thanks for that. It must be tempting for one or two of them. No transfer fee would mean a few more millions as a signing-on 'bonus' ;)

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JackFrost

JackFrost

Posted
Posted
No, of course not

 

You can't expect a Chairman of over Ten Years, an acknowledged Businessman, to attract INVESTMENT to an "Attractive" South Coast Football Club, now can you

 

So, I agree, it wasn't Lowe's fault that he was so "F'ing Useless as a Chairman:cool:

 

Yeah so useless he appointed Strachan and kept us in the PL for as long as he did off the TV money. :rolleyes:

 

I am a million miles from being a Lowe Luvvie, as I recognise that the bloke's pure arrogance and appauling decisons at crucial times more than undid some of the good work he did ove the years.

 

To say he was all bad is very delusional. Wilde did more damage to this club than Lowe.

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darren1

darren1

Posted
Posted

Has nobody picked up, (Or maybe I'm being thick and missed it) that the wages were not paid last week because the banks loaded the wrong software by mistake, yet this week is is because they are getting a loan......... More contradictions.......

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Whitey Grandad

Whitey Grandad

Posted
Posted
Has nobody picked up, (Or maybe I'm being thick and missed it) that the wages were not paid last week because the banks loaded the wrong software by mistake, yet this week is is because they are getting a loan......... More contradictions.......

You didn't fall for that old story did you? ;)

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Chin Strain

Chin Strain

Posted
Posted
Has nobody picked up, (Or maybe I'm being thick and missed it) that the wages were not paid last week because the banks loaded the wrong software by mistake, yet this week is is because they are getting a loan......... More contradictions.......

 

Apparently that was for the staff, not the players. The players were the 'short term loan' and the staff was the incorrect file.

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greg_hill

greg_hill

Posted
Posted

You have to love the way Pompey's PR soldiers try to respond to every new twist and turn with a jeidi mind trick!

 

"We've not had a winding up notice"

"We're expecting new investment very soon"

"The players will be paid today"

"The new onwer has funds" etc. , etc.

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SaintRichmond

SaintRichmond

Posted
Posted
(1) Yeah so useless he appointed Strachan and kept us in the PL for as long as he did off the TV money. :rolleyes:

 

I am a million miles from being a Lowe Luvvie, as I recognise that the bloke's pure arrogance and appauling decisons at crucial times more than undid some of the good work he did ove the years.

 

(2) To say he was all bad is very delusional. Wilde did more damage to this club than Lowe.

 

(1) Strachan - Great Manager - but it has to be said that with Lowe's Turnover of Managers, he had to get a good one some time, simply by the law of averages

 

It ALSO has to be said, that AFTER we lost the FA Final to Arsenal, Strachan then asked for Funds to start Rebuilding, and was given a pittance by Lowe, which by Premier standards hardly bought a right foot #

 

(2) "To say he was all bad etc" - Well, as most on here know, I DO say he was all bad. In over 10 years did not bring in £1 of Investment ( Name any other Business where NOTHING is ever brought in ?? )

 

Coupled with the fact that he REFUSED to get rid of the PLC when it was painfully obvious that after Relegation from the Prem, the only way we would survive was to attract a Buyer. Lowe opted for further degeneration of the Quality of product, another Relegation, and the final insult, a TEN point deduction.

 

IN SHORT - HE NEARLY DESTROYED US

 

Compare ANYTHING THAT Leibherr and Cortese have done since they arrived, to Lowe's "Method" of running, (or ruining) a Business, and tell me which you prefer ???

 

(And just in case you mention it, he did NOT get us St Mary's, the Council and the rest of the Project Committee did. Lowe finished it off by arranging an Albatros of a Mortgage, which in it's own right, took us to the edge of oblivion )

 

From the minute he walked in at the Dell, and morally "conned" all the old Shareholders to sell up for peanuts, I disliked the man, and over both his Tenures, he did Zilch to change my mind in any way

 

The quicker he goes the same way as Nick Gleeson, the better IMHO

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SaintRichmond

SaintRichmond

Posted
Posted
(1) Well if it was down to you Saints would now be playing in their spiritual heartland of errr, an industrial estate in the middle of nowhere on the way to Eastleigh.

(2) In front of 25,000 maximum.

(3) And surrounded by a cinema and a bowling alley.

Brilliant.

(4)But you think that is what genuine football fans really wanted, because, and I quote YOU "it's nearer the airport".

(5) You haven't got a clue and never have. :rolleyes:

 

(1) As opposed to their "Spiritual Home" of the old Gasworks ??? Not many knew of that site until the Gas Company made it available

(2) Was it only 25K ?? It could easily have been made bigger

(3) Cinema ?? Don't think so, but there were other "business" options which would have supplemented running a Football Club

(4) Don't just pick a FEW words CB, I mentioned ALL the infrastructures, Road, Rail, Airport, and general accessibility

For example, from Millbrook to Stoneham would have been circa 10 minutes max, which is quicker than Millbrook to St Mary's

(5) I have more of a clue than you my friend. All you can do is to insult when you do not agree with someone else

 

So, with a name like yours, I suggest you go back to cricket:cool:

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JackFrost

JackFrost

Posted
Posted (edited)
(1) Strachan - Great Manager - but it has to be said that with Lowe's Turnover of Managers, he had to get a good one some time, simply by the law of averages

 

It ALSO has to be said, that AFTER we lost the FA Final to Arsenal, Strachan then asked for Funds to start Rebuilding, and was given a pittance by Lowe, which by Premier standards hardly bought a right foot #

 

(2) "To say he was all bad etc" - Well, as most on here know, I DO say he was all bad. In over 10 years did not bring in £1 of Investment ( Name any other Business where NOTHING is ever brought in ?? )

 

Coupled with the fact that he REFUSED to get rid of the PLC when it was painfully obvious that after Relegation from the Prem, the only way we would survive was to attract a Buyer. Lowe opted for further degeneration of the Quality of product, another Relegation, and the final insult, a TEN point deduction.

 

IN SHORT - HE NEARLY DESTROYED US

 

Compare ANYTHING THAT Leibherr and Cortese have done since they arrived, to Lowe's "Method" of running, (or ruining) a Business, and tell me which you prefer ???

 

(And just in case you mention it, he did NOT get us St Mary's, the Council and the rest of the Project Committee did. Lowe finished it off by arranging an Albatros of a Mortgage, which in it's own right, took us to the edge of oblivion )

 

From the minute he walked in at the Dell, and morally "conned" all the old Shareholders to sell up for peanuts, I disliked the man, and over both his Tenures, he did Zilch to change my mind in any way

 

The quicker he goes the same way as Nick Gleeson, the better IMHO

 

Yeah and his dastardly plan to destroy Southampton FC for ever and ever, was thwarted once and for all :rolleyes:

 

FYI: Lowe ****ing up Stoneham and having to be bailed out by Southampton City Council was one of my many criticisms

 

Dear me you really do have a vendetta against the man don't you?

 

Of course I far prefer Liebherr and Cortese (thus far) to Lowe, I am a big critic of Lowe and have been for a very long time. But to imply the club's failings in the last 10 years is all down to Lowe and he was "all bad" is very delusional. Michael "we got our club back" Wilde did more damage to this club than Lowe. But no, not one mention of Wilde, Crouch, Askham etc.etc. It's all Lowe's fault, I bet you blamed Lowe last time you burnt your dinner in the oven.

Edited by JackFrost
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