1976_Child Posted 9 October, 2008 Posted 9 October, 2008 You heard it here first! HM Treasury (aka the government) now has an involvement in our football club! "What? eh? 1976_Child is a nutter!" I hear you all say Well, let me explain. Unless you have been living on Mars over the last few days you will know that the government has just bought a huge slug in our nation's banks. Barclays is one of these banks. And SFC owes a shed load of dosh to Barclays, and now to HM Treasury. So although the Treasury does not (yet) own shares in Southampton Leisure Holdings plc it does own shares in Barclays and therefore has St Mary's stadium as collateral against the club's debt. weird times. as a tax payer i demand free beer at the next home game!!
1976_Child Posted 9 October, 2008 Author Posted 9 October, 2008 this 1976_Child chap is a complete nutter!
Weston Saint Posted 9 October, 2008 Posted 9 October, 2008 You heard it here first! HM Treasury (aka the government) now has an involvement in our football club! "What? eh? 1976_Child is a nutter!" I hear you all say Well, let me explain. Unless you have been living on Mars over the last few days you will know that the government has just bought a huge slug in our nation's banks. Barclays is one of these banks. And SFC owes a shed load of dosh to Barclays, and now to HM Treasury. So although the Treasury does not (yet) own shares in Southampton Leisure Holdings plc it does own shares in Barclays and therefore has St Mary's stadium as collateral against the club's debt. weird times. as a tax payer i demand free beer at the next home game!! St Mary's is owned by Aviva. Much of Aviva's investment funds are in Government Bonds. It is that money that is being lent to the Banks. So AVIVA own part of the Government who own part of the Banks who own part of our debt. And as AVIVA is my pension provider and using my funds to buy Government Bonds I own part of SMS so 1976_Child you should be buying me a beer.
1976_Child Posted 9 October, 2008 Author Posted 9 October, 2008 St Mary's is owned by Aviva since when? it still shows as an asset on the balance sheet, as of last annual report. and also the money being used to buy the banks' shares is new bond issues so unless aviva buys direct from the primary market they won't yet own any of the bonds being used to buy the banks. so i don't owe you a beer
Weston Saint Posted 9 October, 2008 Posted 9 October, 2008 since when? it still shows as an asset on the balance sheet, as of last annual report. and also the money being used to buy the banks' shares is new bond issues so unless aviva buys direct from the primary market they won't yet own any of the bonds being used to buy the banks. so i don't owe you a beer OK Mortgaged to AVIVA then. Same thing really
INFLUENCED.COM Posted 9 October, 2008 Posted 9 October, 2008 . Barclays is one of these banks I believe, Barclays made a statement, that they did not ask the government for any money !
wimbornesaint Posted 9 October, 2008 Posted 9 October, 2008 I work for Barclays, they have not taken the governments cash
Window Cleaner Posted 9 October, 2008 Posted 9 October, 2008 Anyway,and you're going to have to take my word for this, 4 million isn't exactly a "shedload" of cash to Barclay's Bank PLC. a very small thimblefuil perhaps, shedload no.There are probably hundreds of trades every day where they would reasonably have expected to make that sum in about 2 nanoseconds.
Scudamore Posted 9 October, 2008 Posted 9 October, 2008 I work for Barclays, they have not taken the governments cash As a tax payer i'm outraged... As a Barclays customer i'm pleased... Now where's my free beer?
Glasgow_Saint Posted 9 October, 2008 Posted 9 October, 2008 I work for Barclays, they have not taken the governments cash I too work for Barclays! Barclays House?
trousers Posted 9 October, 2008 Posted 9 October, 2008 I too work for Barclays! Barclays House? This is the moment where you find out you've been sitting opposite each other for 12 years! Either that or one of you is the other's boss....
Scudamore Posted 9 October, 2008 Posted 9 October, 2008 I too work for Barclays! Barclays House? Aren't Barclays leaving Barclays House?
trousers Posted 9 October, 2008 Posted 9 October, 2008 Aren't Barclays leaving Barclays House? Aye. Killing two birds with one stone and relocating to St Marys. According to mate down the pub anyway.
Scudamore Posted 9 October, 2008 Posted 9 October, 2008 Aye. Killing two birds with one stone and relocating to St Marys. According to mate down the pub anyway. Claiming his free beer whilst having a chat to Dennis "Rolfe" eh?
Glasgow_Saint Posted 9 October, 2008 Posted 9 October, 2008 Aren't Barclays leaving Barclays House? That was the plan - were moving to a new build (being built by Walmart) but the current financial issue meant that Walmart would need to pay more for the loan to build the building and tried to pass that cost to Barclays. Staying at Barclays House now - they are talking of renovating.
St Marco Posted 9 October, 2008 Posted 9 October, 2008 Thought Norwich Union paid for the stadium? Or i must have been pretty drunk that day!
Window Cleaner Posted 9 October, 2008 Posted 9 October, 2008 Thought Norwich Union paid for the stadium? Or i must have been pretty drunk that day! I think NU belongs to the Aviva group.
bungle Posted 9 October, 2008 Posted 9 October, 2008 I work for Barclays, they have not taken the governments cash Do you work in a Barclay's branch, or in the big Poole office?
trousers Posted 9 October, 2008 Posted 9 October, 2008 Brilliant! Where did you find it? The internet Sorry....sarky answer.....slap on wrist....just type in "nutter sign post" in Google and Bob's your Uncle. I'm thinking of going on Britain's Got Talent next year.
wimbornesaint Posted 9 October, 2008 Posted 9 October, 2008 I too work for Barclays! Barclays House? Do you work in a Barclay's branch, or in the big Poole office? Yes, Barclays House
bridge too far Posted 9 October, 2008 Posted 9 October, 2008 I've just noticed it's OBS's birthday today! He's 30 - I thought he was about 16 :shock:
derry Posted 9 October, 2008 Posted 9 October, 2008 St Mary's is owned by Aviva. Much of Aviva's investment funds are in Government Bonds. It is that money that is being lent to the Banks. So AVIVA own part of the Government who own part of the Banks who own part of our debt. And as AVIVA is my pension provider and using my funds to buy Government Bonds I own part of SMS so 1976_Child you should be buying me a beer. No wonder you know what's going on Ron.
SaintRichmond Posted 9 October, 2008 Posted 9 October, 2008 St Mary's is owned by Aviva. Much of Aviva's investment funds are in Government Bonds. It is that money that is being lent to the Banks. So AVIVA own part of the Government who own part of the Banks who own part of our debt. And as AVIVA is my pension provider and using my funds to buy Government Bonds I own part of SMS so 1976_Child you should be buying me a beer. Sure you don't mean Activa ????? ........... you know, the stuff that helps you to S**t ????
Glasgow_Saint Posted 9 October, 2008 Posted 9 October, 2008 I've just noticed it's OBS's birthday today! He's 30 - I thought he was about 16 :shock: Cheeky - respect your elders!
Glasgow_Saint Posted 9 October, 2008 Posted 9 October, 2008 Yes, Barclays House Which department? HR?
wimbornesaint Posted 9 October, 2008 Posted 9 October, 2008 Which department? HR? No, Windows Platform Group
bungle Posted 9 October, 2008 Posted 9 October, 2008 I worked in Barclay's House after my GCSEs. My old man worked there for 15 years (having worked for Barclay's for about 40 years in total!) and now my brother works there. My mum works in a Barclay's branch. It is silly.
wimbornesaint Posted 9 October, 2008 Posted 9 October, 2008 I think we might have hijacked this thread!!
thefuriousb Posted 9 October, 2008 Posted 9 October, 2008 Sure you don't mean Activa ????? ........... you know, the stuff that helps you to S**t ???? And there was me thinking that was your larynx?
trousers Posted 9 October, 2008 Posted 9 October, 2008 another lame duck That's no way to talk about Barclay's HR department
VectisSaint Posted 9 October, 2008 Posted 9 October, 2008 No, Windows Platform Group Ah, the Windows Platform Group
hasper57saint Posted 9 October, 2008 Posted 9 October, 2008 If there is any free beer to be had at SMS then you are most welcome to have mine. It's cee rap!
wimbornesaint Posted 9 October, 2008 Posted 9 October, 2008 Ah, the Windows Platform Group Very good, I will print that off at work tomorrow! :-P
St Chalet Posted 9 October, 2008 Posted 9 October, 2008 You heard it here first! HM Treasury (aka the government) now has an involvement in our football club! "What? eh? 1976_Child is a nutter!" I hear you all say Well, let me explain. Unless you have been living on Mars over the last few days you will know that the government has just bought a huge slug in our nation's banks. Barclays is one of these banks. And SFC owes a shed load of dosh to Barclays, and now to HM Treasury. So although the Treasury does not (yet) own shares in Southampton Leisure Holdings plc it does own shares in Barclays and therefore has St Mary's stadium as collateral against the club's debt. weird times. as a tax payer i demand free beer at the next home game!! Knowing our luck we will have breached some league rule as a result and will be docked 10 points.
dubai_phil Posted 9 October, 2008 Posted 9 October, 2008 http://www.telegraph.co.uk/sport/columnists/paulkelso/3161332/Sport-in-the-eye-of-the-storm-Sport.html It ain't looking good out there in la-la land and as for West Ham.... http://www.telegraph.co.uk/sport/football/leagues/premierleague/westham/3168202/West-Ham-feeling-the-big-freeze-Football.html 51 mil in debt to Icelandic Banks oops - guess the local councils will be round to get their money back Lee Bowyer sweeping the streets in Ealing lol
Totton Red Posted 9 October, 2008 Posted 9 October, 2008 http://www.telegraph.co.uk/sport/columnists/paulkelso/3161332/Sport-in-the-eye-of-the-storm-Sport.html It ain't looking good out there in la-la land and as for West Ham.... http://www.telegraph.co.uk/sport/football/leagues/premierleague/westham/3168202/West-Ham-feeling-the-big-freeze-Football.html 51 mil in debt to Icelandic Banks oops - guess the local councils will be round to get their money back Lee Bowyer sweeping the streets in Ealinglol Perhaps a part time job in Mcdonalds?
eelpie Posted 9 October, 2008 Posted 9 October, 2008 So as a taxpayer I now own part of Saints debt via Barclays. I sack Rupert Lowe.
wimbornesaint Posted 10 October, 2008 Posted 10 October, 2008 So as a taxpayer I now own part of Saints debt via Barclays. I sack Rupert Lowe. As of yet, the government have not taken any capital in Barclays. The bank is free to raise capital how it likes and may raise the missing capital (tier 1) from existing shareholders, not the taxpayer.
hughieslastminutegoal Posted 10 October, 2008 Posted 10 October, 2008 What a waste of a thread!! There are so many wasted threads on here. All together they make an emperor's suit of clothes. And Lowe is wearing it.
Window Cleaner Posted 10 October, 2008 Posted 10 October, 2008 There are so many wasted threads on here. All together they make an emperor's suit of clothes. And Lowe is wearing it. Wasted is a strange word to use really. It means that they take up space and use ressources that could be used more productively. They aren't wasted, they're just pointless or useless.
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