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Saints CFO leaves 'by mutual consent'


ByTheGolacs

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Just to follow up on my post from earlier, I knew that the CFO "had left" on June 24th. If he has indeed “dropped a b0ll0ck” regarding the Toby deal/contract, then Southampton have known about it for a while, it hasn’t come to light over the last few days.

 

Spurs are such parasites.

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Just to follow up on my post from earlier, I knew that the CFO "had left" on June 24th. If he has indeed “dropped a b0ll0ck” regarding the Toby deal/contract, then Southampton have known about it for a while, it hasn’t come to light over the last few days.

 

Spurs are such parasites.

 

........will be interesting to see who his next employer will be ?..........:rolleyes:.

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I would say he didn't read Toby's contract properly and the timing/buy out clause thing only came to light when Les said "Here, Let me have a look at that"

 

Could be anything though, even if it's directly related to that situation (and there's no guarantee it was, though the timing is interesting), it could be that the text was poorly worded and unfavourable for Saints, that there was ambiguity, that the contract didn't represent the agreement management had decided on, or any number of other things.

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I would say he didn't read Toby's contract properly and the timing/buy out clause thing only came to light when Les said "Here, Let me have a look at that"

 

How on earth do you reach that conclusion from the available evidence?

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Well we don't really postulate hard facts here do we? There is little evidence available so I say what I think the reason might be. Big change in our position on toby and then he leaves. Coincidence? I think not

 

It's a Monday and he leaves. Coincidence? Shuhoorly not...

 

Smiley face thingy

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Pure speculation on my behalf , but could Davud Bence actually be either Guan or King Billy hence the reason we haven't heard from them for several days . As I said pure speculation on my behalf

 

Suffering succotash is that true??

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Pure speculation on my behalf , but could Davud Bence actually be either Guan or King Billy hence the reason we haven't heard from them for several days . As I said pure speculation on my behalf

 

If so, I would have expected more ITK info about lions and wifelets between October 2012 and April 2014.

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I'd wager he just wasn't very good at his job, no specific reason, no need for conspiracy theories.

 

If one of the things he "wasn't very good at" was insuring that any 'option to buy' clause in loanee contracts was watertight, then the Toby situation could be the straw that broke the camel's back and thus directly related to his departure.

 

All conjecture, of course, but an entirely plausible (conspiracy) theory nonetheless.

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Would be strange for a Chief Financial Officer, an accountant by training, was left responsible for Legal wording in a contract.

 

Yep, quite. If Saints don't have their own legal councel I'd assume they'd pay a law firm to approve the contracts etc.. Unless it is just an area under his directorship and the buck has stopped with the main man and it is actually some 3rd party law forms fault.

 

Of course, I'm just speculating, more likely it is just a coincidence and he could be leaving for a number of reasons...

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Yep, quite. If Saints don't have their own legal councel I'd assume they'd pay a law firm to approve the contracts etc.. Unless it is just an area under his directorship and the buck has stopped with the main man and it is actually some 3rd party law forms fault.

 

Of course, I'm just speculating, more likely it is just a coincidence and he could be leaving for a number of reasons...

 

he may have been responsible for specifying the contract and liaising with the solicitors. in my experience solicitors these days rarely understand the commercial ramifications of anything other than an off the shelf product, so they have to be spoon fed everything and you need to double and triple check that what they have drafted produces the expected outcome.

 

that said, I would have expected our in house solicitor (http://solicitors.lawsociety.org.uk/person/21990/karenjit-kaur-dhaliwal) to be involved and culpable rather than the CFO

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