Cortese 'Considering his position'

[buctootim]

I'm leaning towards this being about Cortese trying to force the Liebherrs to sell (to whatever money man/men Cortese has lined up) rather than an attempt by Cortese to get the Liebherrs to commit to more spending. Just a hunch.

 

Thats exactly my thoughts, possibly also he wants to buy the club at less than current market value and threatening a management walk out is the best way to bring the price down.

[Sour Mash]

Odd isn't it that he's sitting there is Sweden telling people who go to matches to go and support another club. You couldn't make it up.

While trying to tell us about Ekelund despite never having seen him play, oh but he looked up the stats. What a joker. Edited 16 May, 2013 by Sour Mash

[100%Red&White]

I'm leaning towards this being about Cortese trying to force the Liebherrs to sell (to whatever money man/men Cortese has lined up) rather than an attempt by Cortese to get the Liebherrs to commit to more spending. Just a hunch.

 

Thats exactly my thoughts, possibly also he wants to buy the club at less than current market value and threatening a management walk out is the best way to bring the price down.

 

If so that could get messy and the prospect of a buggered pre-season. Again.

[ToreSF]

People seem to forget this. It's not his club, hes doing a job and being paid handsomely for it. Do people seiously think the Liebherrs wont know anyone else who could do the job and do it well and ideally be a bit less of a c*nt?

 

You could hope, but rumors has it they don't know anything about football. Wouldn't it be typical if they hired Souness or some other **** to do the job?

[Olallana]

Odd isn't it that he's sitting there is Sweden telling people who go to matches to go and support another club. You couldn't make it up.

 

Yep I have no dedication as a fan, choosing to support a team a few thousand miles away for 30+ years.... Travelling over about 6-8 times a season to watch games last 10 yrs......

 

Some of us aren´t blessed to be living in a the right place and supporting the hometown team....

[shurlock]

I'm leaning towards this being about Cortese trying to force the Liebherrs to sell (to whatever money man/men Cortese has lined up) rather than an attempt by Cortese to get the Liebherrs to commit to more spending. Just a hunch.

 

Absolutely zero indication that this is the case - dont even know which dots you're clumsily trying to join.

[ToreSF]

Don't think it's very likely that the club will be bought by anyone at this stage. But I agree that this is a strategic maneuver from Cortese to force the Lieberrs to give him what he want.

[Wade Garrett]

If that's right then nc is gone. The liebherrs are massive, nc isn't.

 

I think Cortese knows that, which is why he has added MP's length to his own. Whoever, collectively, has the biggest one will win.

 

Personally, I reckon today's developments have put the nail in the coffins of both manager and chairman.

 

Shame

[hypochondriac]

http://www.thesun.co.uk/sol/homepage/sport/football/4929708/Mauricio-Pochettino-quit-threat-hits-Southampton.html

 

[/font][/color][/font][/color]

 

Depressing that he basically views Cortese as bigger than the club. He isn't.

[Window Cleaner]

I think Cortese knows that, which is why he has added MP's length to his own. Whoever, collectively, has the biggest one will win.

 

Personally, I reckon today's developments have put the nail in the coffins of both manager and chairman.

 

Shame

 

 

Anyway the Liebherrs (or this particular branch) aren't massive at all. Cortese runs everything for them (well business wise anyway) If he goes everything will be restructured. Doubt if they're even particularly rich; otherwise everything would not be entrusted to one Italian banker who lives in Chilworth. It's a strange and messy situation.

[Bearsy]

http://www.thesun.co.uk/sol/homepage/sport/football/4929708/Mauricio-Pochettino-quit-threat-hits-Southampton.html

 

didn't know ponch + nicola was old mates from "way, way back" till i read bout it there.

[Glasgow_Saint]

Pinocchio!!

 

Done v.little anyway!!

[shurlock]

Anyway the Liebherrs (or this particular branch) aren't massive at all. Cortese runs everything for them (well business wise anyway) If he goes everything will be restructured. Doubt if they're even particularly rich; otherwise everything would not be entrusted to one Italian banker who lives in Chilworth. It's a strange and messy situation.

 

They are very big. Banks have rolled over backwards to help them during the recession.

[once_bitterne]

Anyway the Liebherrs (or this particular branch) aren't massive at all. Cortese runs everything for them (well business wise anyway) If he goes everything will be restructured. Doubt if they're even particularly rich; otherwise everything would not be entrusted to one Italian banker who lives in Chilworth. It's a strange and messy situation.

 

This branch of the Liebherr's (i.e. the money that Markus took out of the Liebherr family business and set up Mali with) is worth several billion pounds which I would count as fairly massive.

[trousers]

Absolutely zero indication that this is the case - dont even know which dots you're clumsily trying to join.

 

No dots. Just a gut feel. I'm happy to keep my hunches to myself rather than post them on an internet football message board if that helps?

[Dig Dig]

Absolutely zero indication that this is the case - dont even know which dots you're clumsily trying to join.

 

Add Tim taking it further to suggest that NC trying to orchastrate a management walk out to drive the price of the club down so he can buy it at less than market value. People have very vivid imaginations it seems.

 

[hypochondriac]

Add Tim taking it further to suggest that NC trying to orchastrate a management walk out to drive the price of the club down so he can buy it at less than market value. People have very vivid imaginations it seems.

 

 

Even I think that is very unlikely.

[Window Cleaner]

didn't know ponch + nicola was old mates from "way, way back" till i read bout it there.

 

they aren't "old mates" MP was an exceptionally fine footballer who made a lot of friends everywhere he went. We loved him on the terraces at PSG. Gives 100 percent all of the time.

[Window Cleaner]

This branch of the Liebherr's (i.e. the money that Markus took out of the Liebherr family business and set up Mali with) is worth several billion pounds which I would count as fairly massive.

 

doubt it; never seen anything concrete to convince me that there isn't the same general confusion as there is most of the time.

Anyone ever seen any Mali International accounts ?

[egg]

People seem to forget this. It's not his club, hes doing a job and being paid handsomely for it. Do people seiously think the Liebherrs wont know anyone else who could do the job and do it well and ideally be a bit less of a c*nt?

 

While I'd like him to stay based on his massive achievements on the pitch, there's no doubt that the liebherrs will have ceo's in their businesses that could come in and do a job.

[shurlock]

doubt it; never seen anything concrete to convince me that there isn't the same general confusion as there is most of the time.

Anyone ever seen any Mali International accounts ?

 

Know for a fact that they're big hitters. The media reports are closer to reality than you think.

[Turkish]

Yep I have no dedication as a fan, choosing to support a team a few thousand miles away for 30+ years.... Travelling over about 6-8 times a season to watch games last 10 yrs......

 

Some of us aren´t blessed to be living in a the right place and supporting the hometown team....

 

so what gives you the right to tell people that go every week that they should go and support another team? BTW Saints aren't JRM and Sour Mashes home town clubs either and they aren't mine any more.

[Sour Mash]

For what it's worth, I expect both NC and MP to stay.

[Turkish]

While I'd like him to stay based on his massive achievements on the pitch, there's no doubt that the liebherrs will have ceo's in their businesses that could come in and do a job.

 

Me too, but people seem to think if he does decided to go it's the end of the world. The reality is he'll be replaced with someone else with outstanding creditials, you dont become worth £3b by having dinlows run your companies.

[buctootim]

Lets not do the 'biggest fan' thing, there aren't any winners. Whether people are prats or not on this board doesn't depend on geography nor affect their passion for the club we all support.

[Window Cleaner]

Know for a fact that they're big hitters. The media reports are closer to reality than you think.

 

well lets see some evidence then. All I can find indicates that the other branch of the family is amongst the richest in Switzerland but the sums shown are always global and never detailed. I really think there is great confusion in this matter. This article lauds the wealth of the "crane" branch but little else.

 

http://www.laliberte.ch/economie/la-famille-liebherr-est-la-plus-riche-du-canton-de-fribourg

[buctootim]

well lets see some evidence then. All I can find indicates that the other branch of the family is amongst the richest in Switzerland but the sums shown are always global and never detailed. I really think there is great confusion in this matter. Thisarticle lauds the wealth of the "crane" branch but little else.

 

http://www.laliberte.ch/economie/la-famille-liebherr-est-la-plus-riche-du-canton-de-fribourg

 

The wider family is massively wealthy. Basically it all depends on how tight the various branches of the family are and whether the surviving brother and sister would get involved to help their niece in dealing with their late brothers enterprises.

[egg]

Me too, but people seem to think if he does decided to go it's the end of the world. The reality is he'll be replaced with someone else with outstanding creditials, you dont become worth £3b by having dinlows run your companies.

 

Indeed. The bottom line he is just a CEO. Nc is not bigger than the club and he ain't bigger than the liebherrs. I can't see the liebherrs allowing nc to win a power struggle. I suspect that they have the ability, and means, to be at least as tough as nc.

[alpine_saint]

Lets not do the 'biggest fan' thing, there aren't any winners. Whether people are prats or not on this board doesn't depend on geography nor affect their passion for the club we all support.

 

Well said.

[Window Cleaner]

The wider family is massively wealthy. Basically it all depends on how tight the various branches of the family are and whether the surviving brother and sister would get involved to help their niece in dealing with their late brothers enterprises.

 

but Cortese runs everything that Markus left behind, that's the whole point. If there were great family intimacy then someone from the vastly successful and wealthy "crane" branch (and there are plenty of young winners in that lot) would be in charge of Mali and not an exiled Italian banker and what seemst be a Zurich lawyer..........Whole scenario makes no sense. Especially when you notice that the website of Mali International AG is just a page of contact details and absolutely nothing else.

Edited 16 May, 2013 by Window Cleaner

[shurlock]

The wider family is massively wealthy. Basically it all depends on how tight the various branches of the family are and whether the surviving brother and sister would get involved to help their niece in dealing with their late brothers enterprises.

 

Mali is independently wealthy. As I say banks rolled over backwards during the crisis to help them because they were such an important client. Possibly they've fallen on harder times since -commercially (i.e. due to the sluggish recovery) and organizationally (i.e. due to ML's passing away), forcing a rethink in priorities. I wouldn't know. But it would have to be quite a fall from grace given where they were.

Edited 16 May, 2013 by shurlock

[hypochondriac]

good propaganda mush but Clotese is NOT the club , if players want to be loyal to him and not the club / fans then fine , see you later.

 

the club will not end with cortese

 

Good post mate and sums up the problem here nicely. It is not right for Cortese to have as much power as he does since he can hold the club to ransom if he wants and if he were to die suddenly tomorrow the club could possibly go to hell.

[Window Cleaner]

Mali is independently wealthy. As I say banks rolled over backwards during the crisis to help them because they were such an important client. Possibly they've fallen on harder times since -commercially (i.e. due to the sluggish recovery) and organizationally (i.e. due to ML's passing away), forcing a rethink in priorities. I wouldn't know. But it would have to be quite a fall from grace given where they were.

 

 

so why is their website just a page of contact details then and above all why is it being run by an exiled Italian banker and not someone from the family who were ousted from control (or left voluntarily) quite a while ago.There a re 2 signatories to Mali's accounts; Cortese and a Swiss lawyer. Not a trust but 2 men.

[buctootim]

but Cortese runs everything that Markus left behind, that's the whole point. If there were great family intimacy then someone from the vastly successful and wealthy "crane" branch (and there are plenty of young winners in that lot) would be in charge of Mali and not an exiled Italian banker and what seemst be a Zurich lawyer..........Whole scenario makes no sense. Especially when you notice that the website of Mali International AG is just a page of contact details and absolutely nothing else.

 

Mali is independently wealthy. As I say banks rolled over backwards during the crisis to help them because they were such an important client. Possibly they've fallen on harder times since -commercially (i.e. due to the sluggish recovery) and organizationally (i.e. due to ML's passing away), forcing a rethink in priorities. I wouldn't know. But it would have to be quite a fall from grace given where they were.

 

I agree it's hard to make sense of, not all families agree about everything of course. I do know that if I was them, even if I did want to review my involvement, attempts to publicly bounce me into a particular path would just make me dig my heels in, deal with the troublemakers and stabilise again before making any definitive decision.

[Window Cleaner]

I agree it's hard to make sense of, not all families agree about everything of course. I do know that if I was them, even if I did want to review my involvement, attempts to publicly bounce me into a particular path would just make me dig my heels in, deal with the troublemakers and stabilise again before making any definitive decision.

 

Perhaps there's no investment to be had; just a sale to be arranged as best as possible. It's too odd to be true. Can't see that Cortese isn't amongst the administrators of the Trust (whatever that may be) so nothing is as it seems. Not something that he'd do is putting it about that there is a rift in the lute so there's a hidden strategy somewhere.

 

perhaps one of our finance wizards with ins in the sort of place you can get that info could tell us exactly why the QG of Mali International Holdings was transferred from Fribourg canton to Zurich canton in January of this year.

Edited 16 May, 2013 by Window Cleaner

[Olallana]

so what gives you the right to tell people that go every week that they should go and support another team? BTW Saints aren't JRM and Sour Mashes home town clubs either and they aren't mine any more.

 

Well, wrong of me thinking that people could take some banter on here....

In my world any reference on here to the skates is a banter, but maybe some take it more serious than that. If so I can only apologise.

[CB Saint]

MP bought into a vision laid out by NC. If the Liebherrs dispense with NCs services and change that vision, then MP is quite within his rights to quit because the job he thought he was getting has significantly changed.

[Smirking_Saint]

Depressing that he basically views Cortese as bigger than the club. He isn't.

 

I think its pretty obvious that he views Cortese as the main protagonist of our success recently and the man that has obviously sold him a dream and project (whether achieveable or not).

 

That doesnt make him think he is 'bigger than the club' just questions direction if NC isnt here.

[Dig Dig]

I think its pretty obvious that he views Cortese as the main protagonist of our success recently and the man that has obviously sold him a dream and project (whether achieveable or not).

 

That doesnt make him think he is 'bigger than the club' just questions direction if NC isnt here.

 

Exactly, not a single person thinks that Saints FC won't exist if Cortese leaves. Just probably won't be as good as we have been in the last 4 seasons in some peoples opinion, inlcuding mine.

 

That is all.

[Gemmel]

Mali is independently wealthy. As I say banks rolled over backwards during the crisis to help them because they were such an important client. Possibly they've fallen on harder times since -commercially (i.e. due to the sluggish recovery) and organizationally (i.e. due to ML's passing away), forcing a rethink in priorities. I wouldn't know. But it would have to be quite a fall from grace given where they were.

 

Most of MALI's group companies, appear to have been liquidated. The core business appears to be simply investments.

[Gemmel]

Mali is independently wealthy. As I say banks rolled over backwards during the crisis to help them because they were such an important client. Possibly they've fallen on harder times since -commercially (i.e. due to the sluggish recovery) and organizationally (i.e. due to ML's passing away), forcing a rethink in priorities. I wouldn't know. But it would have to be quite a fall from grace given where they were.

 

Most of MALI's group companies, appear to have been liquidated. The core business appears to be simply investments.

[Depressed of Shirley]

First up, I want NC to stay, mainly because he seems to understand the importance of the playing side of a football club.

 

However, the "power struggle" if there is one, and MP's statement today show exactly what the problems can be if one person and one person alone is responsible for running the club. Everyone at the club has bought into NC's vision, so therefore when he leaves, it becomes less of a "no one is bigger than the club" situation, and more of a "Christ what do we do now" situation.

 

Even if NC wins this, what happens if he leaves for other reasons ( illness, homesick etc), in the future? We can't have a long term plan that is solely reliant on one man going forward, we need the responsibility and vision shared between others.

[ToreSF]

For what it's worth, I expect both NC and MP to stay.

 

Same here. But I don't like this turbulence.

[Sour Mash]

First up, I want NC to stay, mainly because he seems to understand the importance of the playing side of a football club.

 

However, the "power struggle" if there is one, and MP's statement today show exactly what the problems can be if one person and one person alone is responsible for running the club. Everyone at the club has bought into NC's vision, so therefore when he leaves, it becomes less of a "no one is bigger than the club" situation, and more of a "Christ what do we do now" situation.

 

Even if NC wins this, what happens if he leaves for other reasons ( illness, homesick etc), in the future? We can't have a long term plan that is solely reliant on one man going forward, we need the responsibility and vision shared between others.

That's what annoys me about MP's statement. Yes NC is important, but what if he was hit by a bus tomorrow? Would MP etc just clear their desks and be on the first plane back to Spain the next day?

[Dig Dig]

That's what annoys me about MP's statement. Yes NC is important, but what if he was hit by a bus tomorrow? Would MP etc just clear their desks and be on the first plane back to Spain the next day?

 

Probably not which is why the timing and content of what was said is purely political IMO.

[aintforever]

The worrying thing is how this is being played out in the media. Knowing how Cortese and the Leibherrs like to keep things in house, it smacks of desperation.

 

It's all speculation but my gut feeling is NC and Poch wont be around much longer.

[Window Cleaner]

That's what annoys me about MP's statement. Yes NC is important, but what if he was hit by a bus tomorrow? Would MP etc just clear their desks and be on the first plane back to Spain the next day?

 

it's not the same scenario is it though. One would be the project interupted but not necessarily put into question because of an accident; the other would be the project voluntarily destroyed.

[Window Cleaner]

Most of MALI's group companies, appear to have been liquidated. The core business appears to be simply investments.

 

so someone somewhere just wants to cash in on everything as soon as is respectably possible would you say ? Certainly not carry on the investment as foreseen. Why move the headquarters from Fribourg canton to Zurich canton, what's that about then ?

[Sour Mash]

it's not the same scenario is it though. One would be the project interupted but not necessarily put into question because of an accident; the other would be the project voluntarily destroyed.

It is the same though. Either he is the vision and nothing can go forward without him or its not. And nothing as been "voluntarily destroyed" bit over the top with the choice of words there.

[krissyboy31]

Depressing that he basically views Cortese as bigger than the club. He isn't.

 

Cortese sold MP the vision. With him gone, that vision is somewhat blurred. He'll know his transfer targets on the budget that was agreed when he came in (on the assumption we stayed in the Prem), now if Cortese is being replaced those budgets are not necessarily there and he would probably have to hold fire (risk losing the players he has lined up) until a new guy is in place and new budgets agreed. I think I would reconsider my position if I were in his shoes.