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Potential New Owners From Times Gone By


dune

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Tommac wasn't a 'potential owner', just some jackass who thought he could snooker Paul Allen into buying the club after meeting two of his lawyers on 'his' plane. McLoughlin was a local manager (on an industrial estate in Fulham, not the Mayfair office he claimed to occupy) of a Florida-based aircraft-leasing business. His shenanigans ramped the share price way beyond anything any 'sensible' (these things are relative) potential owner would consider, thus helping to drive the club to the wall. He was a complete Walter Mitty, who unfortunately took in a few of the more august posters on saintsforever.

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Tommac wasn't a 'potential owner', just some jackass who thought he could snooker Paul Allen into buying the club after meeting two of his lawyers on 'his' plane. McLoughlin was a local manager (on an industrial estate in Fulham, not the Mayfair office he claimed to occupy) of a Florida-based aircraft-leasing business. His shenanigans ramped the share price way beyond anything any 'sensible' (these things are relative) potential owner would consider, thus helping to drive the club to the wall. He was a complete Walter Mitty, who unfortunately took in a few of the more august posters on saintsforever.

 

What glorious days .. sigh.....

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Tommac wasn't a 'potential owner', just some jackass who thought he could snooker Paul Allen into buying the club after meeting two of his lawyers on 'his' plane. McLoughlin was a local manager (on an industrial estate in Fulham, not the Mayfair office he claimed to occupy) of a Florida-based aircraft-leasing business. His shenanigans ramped the share price way beyond anything any 'sensible' (these things are relative) potential owner would consider, thus helping to drive the club to the wall. He was a complete Walter Mitty, who unfortunately took in a few of the more august posters on saintsforever.

 

I always suspected the whole point of the exercise (and other exercises) was to artificially inflate the SP. All along I said we were heading for admin and that would be the best thing that could happen to the club i.e to rid us of the PLC status. I also suggested that shareholders take the golden chance to get out before we went pop. At about this time the Saints Trust spunked a huge wad of their subs on a pointless 1885 shares. Complete lunacy.

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Leon and Michial Wild dont count a sthey were actually part owners for a short spell... jeez I'm getting all sentimental now

 

Leon is the only one to come out of it all with some credibility. He didn't have deep enough pockets in the end, but he tried and he's a loyal fan.

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Are my memories fading or did he actually seem like an OK guy to begin with?

 

I met Mike Wilde and desoite teh go wilde T shirts he was actually an OK guy, as was Crouch. The problem was that they both initially let the the fan frenzy go to their heads IMHO... They did not ahve teh experience of managing a footbal club and more importantly teh fans expectations in what were extremely difficult financial circles and without teh financial means to buy out all teh ahres and so avoid boardroom splits - they also appointed Tangoman and various other serial boardroom floaters whose decison to blow 7mil of cash reserves on a do or die promo chase nearly killed us off. By that time, Wilde in a desperate attempt to save some share value, swapped to the Lowe camp to try and use Rupe experience of managing on a crust to stave off the inevitable... it was already too late as we had failed to shift a few high earners...

 

It was not that Wilde or Crouch were bad guys, maybe a little too influenced by fan ideals - just inexperienced as any of us would be in controling a situation when you have a fan base with expectations of investment...

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What glorious days .. sigh.....

 

Indeed. Quite a few of us (I used to post as Roman on S4E) somehow managed to wind him up into a pitiable state each and every evening. We were only trying to help, but he didn't see it that way.

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Leon Crouch ecstatic after Saints win.

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Leon Crouch expresses sadness

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Leon Crouch God of the Northam

<a href=leonr.jpg' alt='leonr.jpg'>

 

Be fair to Leon - he did pay for the new Ted Bates statue.

 

But he wasn't a brilliant interim director -a job share with someone whose name I've forgotten.

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Are my memories fading or did he actually seem like an OK guy to begin with?

 

He did, and then he jumped in with Lowe. I feel sorry for him though because didn't everything go tits up for him culminating in him losing his house in the New Forest?

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He did, and then he jumped in with Lowe. I feel sorry for him though because didn't everything go tits up for him culminating in him losing his house in the New Forest?

 

NOt heard that before but if true, he did not deserve that - he tried hard they all did, but as someone at the time pointed out (might even ave been me), if you could have someho put Crouch (the fan), Wilde (the PR savvy face) and Lowe (the prudent) in a blender and created 1 boardmember it would probably make a good mix - had they been able to work together - it may have been a good compromise as they each brough something to the table.

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Be fair to Leon - he did pay for the new Ted Bates statue.

 

But he wasn't a brilliant interim director -a job share with someone whose name I've forgotten.

 

True, but he and Wilde blew all the clubs cash on a **** or bust strategy spearheaded by Burley - almost criminally negligent. Well intentioned but naive was always the impression I had. However as you say he put his hand deeply into his pocket on more than one occasion and deserves credit for that.

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Rings a bell, can you expand a little?

something like £25m for promotion then an additional £25 on top of premier league moony for transfers for the next 4 years

massively expanding SMS and the the training ground

re-naming saints as SaintsFC-uk

and having saintsfcs around the world etc...

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Are my memories fading or did he actually seem like an OK guy to begin with?

Only to the gullible. He was popular with the fanontheboarders. He used to tickle their tummies and allegedly stood *gasp* in the Northam which as Nick Illingsworth will tell you is the the sign of a dead cert brilliant owner. None of this professionalism nonsense that Cortese has infected the club with.

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something like £25m for promotion then an additional £25 on top of premier league moony for transfers for the next 4 years

massively expanding SMS and the the training ground

re-naming saints as SaintsFC-uk

and having saintsfcs around the world etc...

 

Not bad for a plumber.

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Only to the gullible. He was popular with the fanontheboarders. He used to tickle their tummies and allegedly stood *gasp* in the Northam which as Nick Illingsworth will tell you is the the sign of a dead cert brilliant owner. None of this professionalism nonsense that Cortese has infected the club with.

 

I thought he was the darling of the duck shoot.:lol:

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Can't believe nobody has mentioned Ray Ransome and his Hedge Fund (now at Coventry)

 

Also in the early days of Admin we had Ramon Vega (caused great mirth due the fact that fake Viagra in Syria is called...Vega)

 

There was also the Accountant from Southampton.

 

And also if a mole was to be believed Anthony Salz.

 

Rumours (on PTS) that CSI made a brief stop over on their way from Bompey to Pompey

 

An often ROFL'd at attempt by Sultan Bin Trump (Al Fahim) (mentioned in dispatches early in the PTS thread)

 

And also it has been mentioned a few times that one of the WHU owners had a sniff in our direction

 

And for those with short memories it was Helpmerhonda who had the legendary bust up with more than one S4E stalwart

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Can't believe nobody has mentioned Ray Ransome and his Hedge Fund (now at Coventry)

 

Also in the early days of Admin we had Ramon Vega (caused great mirth due the fact that fake Viagra in Syria is called...Vega)

 

There was also the Accountant from Southampton.

 

And also if a mole was to be believed Anthony Salz.

Rumours (on PTS) that CSI made a brief stop over on their way from Bompey to Pompey

 

An often ROFL'd at attempt by Sultan Bin Trump (Al Fahim) (mentioned in dispatches early in the PTS thread)

 

And also it has been mentioned a few times that one of the WHU owners had a sniff in our direction

 

And for those with short memories it was Helpmerhonda who had the legendary bust up with more than one S4E stalwart

 

Who WAS that? Always signing off gnomic and knowing posts with 'IMHO'.

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Tommac wasn't a 'potential owner', just some jackass who thought he could snooker Paul Allen into buying the club after meeting two of his lawyers on 'his' plane. McLoughlin was a local manager (on an industrial estate in Fulham, not the Mayfair office he claimed to occupy) of a Florida-based aircraft-leasing business. His shenanigans ramped the share price way beyond anything any 'sensible' (these things are relative) potential owner would consider, thus helping to drive the club to the wall. He was a complete Walter Mitty, who unfortunately took in a few of the more august posters on saintsforever.

 

As I've said before....in a round about kinda way, we've got Tommac's artificial share inflation antics to thank for where we are today....

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Who WAS that? Always signing off gnomic and knowing posts with 'IMHO'.

 

And always had a piece of the inside track but never all of it. He blanked when some challenged him as being Salz (or his "bestest best friend" Leon) but was probably someone who worked for him in the City

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As I've said before....in a round about kinda way, we've got Tommac's artificial share inflation antics to thank for where we are today....

 

We've never got to the bottom of all that. I said at the time it was all to do with inflating the SP, but no-one has really asked the million dollar question WHY? If you look at it's effect it made us overvalued and unbuyable until it was too late and we then became a bargain basement purchase following administration. I wouldn't want to speculate further...

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As I've said before....in a round about kinda way, we've got Tommac's artificial share inflation antics to thank for where we are today....

 

With a little help from some notoriously ill-informed ITKs. I remember the ticking off I got from Weston for winding up tommac, on the grounds that my posts might lead to him to 'withdraw' (!) But those were certainly the days for fan-in-the-boardroom power-trippers, whose antics lent some kind of credibility to the loons sifting through the entrails of the club.

 

I still have a recording somewhere of Mary Corbett recalling her desperate search for the truth about the Allen 'bid', only to realise that she and the rest of the board had been completely had by tommac.

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And wasn't there a couple of Irish chaps on the scene at one point? Horse Racing connection IIRC

 

Oh aye, never could work out if they were people who had once met JP McManus or it was supposed to be him & his buddy that tried to buy the Mancs.

 

Probably too much whacky baccy in that rumour though

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We've never got to the bottom of all that. I said at the time it was all to do with inflating the SP, but no-one has really asked the million dollar question WHY? If you look at it's effect it made us overvalued and unbuyable until it was too late and we then became a bargain basement purchase following administration. I wouldn't want to speculate further...

 

There was no WHY. Tommac said Allen was taking over to trumpet his own supposed role in the whole thing. He expected shortly to receive his cut as broker. All he actually did is send the SP through the roof on a false rumour.

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With a little help from some notoriously ill-informed ITKs. I remember the ticking off I got from Weston for winding up tommac, on the grounds that my posts might lead to him to 'withdraw' (!) But those were certainly the days for fan-in-the-boardroom power-trippers.

 

Saints Trust Chairman Steve Godwin commented:

 

“The purchase of 1885 shares in Southampton Leisure Holdings by the Saints Trust is a major step forward for all fans of Southampton Football Club. It gives the average fan on the terrace a voice in the way the club is run. Right now that voice is only a whisper but in time it will grow to be roar”.

 

:lol:

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