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Rumours of takeover/investment interest

eling-saint

By eling-saint
in The Saints

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trousers

trousers

Posted
Posted

I became good friends with Saint David and Saintlee outside of the confines of this forum. Two decent chaps who got innocently caught up in the whirlwind of the takeover days IMO. I know their intentions were always sincere, no matter how people might want to judge those who played a part in the soap opera.

 

One thing's for sure, they were certainly interesting times!

hypochondriac

hypochondriac

Posted
Posted
I became good friends with Saint David and Saintlee outside of the confines of this forum. Two decent chaps who got innocently caught up in the whirlwind of the takeover days IMO. I know their intentions were always sincere, no matter how people might want to judge those who played a part in the soap opera.

 

One thing's for sure, they were certainly interesting times!

Saint David spoke to me on the phone and was bigging up his involvement in it all. I'm sure he was duped but he wanted the recognition when it was happening so he had to be prepared to accept the ridicule when it all turned out to be a hoax.

Monk

Monk

Posted
Posted
Wonder how much of an impact this potential takeover could be having on any news around management?

 

If the club is keeping Puel, then clearly there is no news necessary but the club are savvy enough to release a statement following the review, thanking us fans, we had a trip to Wembley and lets kick on next year under Puel bla bla.

 

?LOL

Badger

Badger

Posted
Posted
I became good friends with Saint David and Saintlee outside of the confines of this forum. Two decent chaps who got innocently caught up in the whirlwind of the takeover days IMO. I know their intentions were always sincere, no matter how people might want to judge those who played a part in the soap opera.

 

One thing's for sure, they were certainly interesting times!

 

An entire summer, and most of the following season pressing F5 as I remember..

hutch

hutch

Posted
Posted
But presumably you see that there's a difference between choosing to take profit/money out of the club, and being obliged to in order to not default on a loan of a few hundred million?

Somebody posted that it would be against PL rules, which is rubbish. I don't like the idea, but that is not what was being discussed.

shurlock

shurlock

Posted
Posted
Chinese government now said to be clamping down on foreign investments, particularily those seeking to do it with loaned money. Probably put the mockers on any take over this summer then.

 

That's not a new policy.

Delmary

Delmary

Posted
Posted

tariq panja (@tariqpanja)

23/06/2017, 10:40

If I was a Southampton fan I'd be wondering why it's taking so long for Lander to complete deal given EPL tests passed ages ago. Cash prob?

 

I think this is the guy that originally broke the takeover story back in Nov (????)

Toadhall Saint

Toadhall Saint

Posted
Posted
tariq panja (@tariqpanja)

23/06/2017, 10:40

If I was a Southampton fan I'd be wondering why it's taking so long for Lander to complete deal given EPL tests passed ages ago. Cash prob?

 

I think this is the guy that originally broke the takeover story back in Nov (????)

 

If they ain't got the cash it won't happen. Not sure what he's getting at tbh - most on here are happy in the main with the club as it is from an ownership perspective

simo

simo

Posted
Posted
If they ain't got the cash it won't happen. Not sure what he's getting at tbh - most on here are happy in the main with the club as it is from an ownership perspective

 

Talk****e on about the Milan clubs worrying about a ruling China has made about foreign investment based on borrowing against Chinese assets, didn't really catch the whole thing but never mentioned saints at all .

Gorgiesaint

Gorgiesaint

Posted
Posted
If they ain't got the cash it won't happen. Not sure what he's getting at tbh - most on here are happy in the main with the club as it is from an ownership perspective

 

Probably that it shouldn't take them so long to source the funds, and if they're that skint then Kat should have pulled the plug on the deal. If they end up borrowing the money from somewhere then we end up with owners with no cash and lots of debt. Not in the best interests of the club I would say.

trousers

trousers

Posted
Posted

How many weeks is it now since the wonderkid football deal broker (forgotten his name already) announced that the next Chinese premier league club takeover was 24 hours away?

so22saint

so22saint

Posted
Posted
Most of my Chinese transactions are ready in "Frifteen Minutes"

 

And the problem with Chinese takeovers is that 15 minutes later you need another one...

Toadhall Saint

Toadhall Saint

Posted
Posted
Probably that it shouldn't take them so long to source the funds, and if they're that skint then Kat should have pulled the plug on the deal. If they end up borrowing the money from somewhere then we end up with owners with no cash and lots of debt. Not in the best interests of the club I would say.

 

Hadn't thought of it that way. Yep not good.

SaintRichmond

SaintRichmond

Posted
Posted
tariq panja (@tariqpanja)

23/06/2017, 10:40

If I was a Southampton fan I'd be wondering why it's taking so long for Lander to complete deal given EPL tests passed ages ago. Cash prob?

 

Lander is waiting for SISU to release some funds .............. Problem is, they want the $ 99.50 in ONE payment

SuperSAINT

SuperSAINT

Posted
Posted
tariq panja (@tariqpanja)

23/06/2017, 10:40

If I was a Southampton fan I'd be wondering why it's taking so long for Lander to complete deal given EPL tests passed ages ago. Cash prob?

 

I think this is the guy that originally broke the takeover story back in Nov (????)

 

Yeah, that's the bloke. Good spot.

CB Fry

CB Fry

Posted
Posted
Lander is waiting for SISU to release some funds .............. Problem is, they want the $ 99.50 in ONE payment

Funny you should mention SISU isn't it, as some of us remember your keyboard thumping caps-lock hrld down raging FURY AND ANGER that we didn't sell to them way back when.

 

SISU were the saviours of the club who were going to INVEST IN THE TEAM remember and you were their biggest fanboy weren't you, swivel eyes?

benjii

benjii

Posted
Posted
Apparently lots of external accountant specialists have descended on St.Mary's recently - Must be part of the due diligence process?

 

Most due diligence is done online.

 

More likely to he annual audit.

Delmary

Delmary

Posted
Posted
Most due diligence is done online.

 

More likely to he annual audit.

 

Was told that they will be onsite for the next 9mths. Post due diligence / takeover transition?

Faz

Faz

Posted
Posted
We only want a single new owner and NO consortium, as they will be wanting to take money out of the club.

 

What?

Saint_lambden

Saint_lambden

Posted
Posted
That happened incredibly recently too. Who are some of the other people (besides Ralph) who are now directors?

 

Finance Director, Legal Director (company secretary), Commercial Director

beatlesaint

beatlesaint

Posted
Posted
I don't think her father was ever a director though, so it's more odd that she *was* a company director in the first place. I think.

 

Yes I'm quite surprised that she was a director of the football club.

Patrick Bateman

Patrick Bateman

Posted
Posted
That happened incredibly recently too. Who are some of the other people (besides Ralph) who are now directors?

 

It's all on there;

GREENWELL, Tim - Secretary

KRUEGER, Ralph - Director

REED, Leslie Arnold - Director

SEMMENS, Martin - Director

STEELE, Toby Andrew Murray - Director

THOMAS, David - Director

Weston Saint

Weston Saint

Posted
Posted

They have all been at Southampton FC for a while.

 

Tim Greenwell was Legal now Company Secretary

Toby Steele was Company Secretary before Greenwell

David Thomas is Commercial Director

Martin Semmens is Chief Commercial Director

 

Nothing particularly changed. ST MARY'S FOOTBALL GROUP LIMITED is the holding company.

SuperSAINT

SuperSAINT

Posted
Posted
It's all on there;

GREENWELL, Tim - Secretary

KRUEGER, Ralph - Director

REED, Leslie Arnold - Director

SEMMENS, Martin - Director

STEELE, Toby Andrew Murray - Director

THOMAS, David - Director

 

I could read their names, I was just trying to work out if any of them had any links to Lander.

 

Weston has provided the answer above.

Patrick Bateman

Patrick Bateman

Posted
Posted
I could read their names, I was just trying to work out if any of them had any links to Lander.

 

No. Have a look at their history and other directorships - they've all been around a while. As I said, it was more unusual that Katrina was a director of the football club in the first place - she's still director at DMWSL 612 LIMITED - the parent company.

Badger

Badger

Posted
Posted
They have all been at Southampton FC for a while.

 

Nothing particularly changed. ST MARY'S FOOTBALL GROUP LIMITED is the holding company.

 

Nothing changed ? But strange that such a flurry of activity should take place now.

Badger

Badger

Posted
Posted
Why not. End of year is 2nd July 2017.

 

I was referring to the changes being made at a time a takeover is widely speculated. Perhaps of course the speculation is running ahead of itself and it's 'business as usual' under KL's ownership. Which is fine by me.

trousers

trousers

Posted
Posted (edited)

http://www.dailyecho.co.uk/sport/saints/news/15386780.Liebherr_resigns_from_Saints_board/

 

The Swiss owner will still operate as a director of Saints’ parent company, which acts as an umbrella for both the club’s football and non-football operations.

 

But she no longer has a place on the board of the football club itself, leaving major decisions and day-to-day operations to others.

 

The moves are unconnected with potential investment in the club.

 

Saints have been the subject of strong interest from Chinese firm Lander, but things have gone very quiet once again with the ball very much in their court to complete a potential £210m deal with negotiations having ended some time ago.

 

Regardless of whether that deal happens or not, the new structure, which is believed to be part of the reason for the departure of former CEO Gareth Rogers, will remain in place, with Saints believing it will help them progress more effectively.

Edited by trousers
trousers

trousers

Posted
Posted (edited)

http://www.dailyecho.co.uk/sport/saints/news/15386780.Liebherr_resigns_from_Saints_board/

 

The Swiss owner will still operate as a director of Saints’ parent company, which acts as an umbrella for both the club’s football and non-football operations.

 

But she no longer has a place on the board of the football club itself, leaving major decisions and day-to-day operations to others.

 

The moves are unconnected with potential investment in the club.

 

Saints have been the subject of strong interest from Chinese firm Lander, but things have gone very quiet once again with the ball very much in their court to complete a potential £210m deal with negotiations having ended some time ago.

 

Regardless of whether that deal happens or not, the new structure, which is believed to be part of the reason for the departure of former CEO Gareth Rogers, will remain in place, with Saints believing it will help them progress more effectively.

Edited by trousers
Saint Billy

Saint Billy

Posted
Posted

The fact that it has gone quiet with Lander again is more indicative. If Lander had the funds this would have been done ages ago. Hopefully its not happening.

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