trousers Posted 14 August, 2017 Share Posted 14 August, 2017 (edited) Premier League statement Edited 14 August, 2017 by trousers Link to comment Share on other sites More sharing options...
Ohio Saint Posted 14 August, 2017 Share Posted 14 August, 2017 Red shirts, our best players could sport a little gold star top left? Link to comment Share on other sites More sharing options...
eurosaint Posted 14 August, 2017 Share Posted 14 August, 2017 So excited about next season's all red kit. The only guy to have made that mistake was Malaysian, what makes you think that the Chinese Mr Gao would follow suit ?? Link to comment Share on other sites More sharing options...
tajjuk Posted 14 August, 2017 Share Posted 14 August, 2017 I trust Kat on this one, nothing she has done says she would have sold the club to some chancers with no money. Link to comment Share on other sites More sharing options...
shurlock Posted 14 August, 2017 Share Posted 14 August, 2017 Premier League statement #fppschtick Link to comment Share on other sites More sharing options...
sammysaint Posted 14 August, 2017 Share Posted 14 August, 2017 If I remember rightly Lander sport liked that we developed players and sold them. As for the stadium expansion they really need to reduce ticket prices to fill the extra seats, I have always said if we charged 30 quid for crap teams and 35 for decent teams and ST were 500-520 we would get 38,000 easy for premier league games. For me if they develop the stadium reduce ticket prices but carry on allowing the club to self efficient and sell and spend less and we finish top 10 I wont complain, sadly the Americans have the right approach to sport and ensure fair play with draft and salary caps in NFL and NBA, We will never be a top 4 club unless a few of us have kids that become world class and we make them stay loyal. Link to comment Share on other sites More sharing options...
SaintRobbie Posted 14 August, 2017 Share Posted 14 August, 2017 Good. Sent from my iPhone using Tapatalk Link to comment Share on other sites More sharing options...
The9 Posted 14 August, 2017 Share Posted 14 August, 2017 Well, we're on board with a person with experience in property development and sporting retail... let's hope the only development is of the stadium into a better stadium and the retail gets the club shedloads of shirt money. Link to comment Share on other sites More sharing options...
Jonnyboy Posted 14 August, 2017 Share Posted 14 August, 2017 $1.5bn isn't small potatoes. It does however mean he paid 10% of his personal wealth to buy us which is disconcerting :/ Quite. He's only a couple of f*ck ups from being a multi-millionaire instead of a billionaire. Link to comment Share on other sites More sharing options...
Turkish Posted 14 August, 2017 Share Posted 14 August, 2017 The Liebherrs reign - from Nick Nack to odd Job. Link to comment Share on other sites More sharing options...
Avenue_Saint Posted 14 August, 2017 Share Posted 14 August, 2017 The Liebherrs reign - from Nick Nack to odd Job. Without NICK NAK shepherding Markus to our direction, who knows where we would've been today with the likes of mIchael going WILDE and Mickey Fialka chancing his noble Golders Green arm Link to comment Share on other sites More sharing options...
CanadaSaint Posted 14 August, 2017 Share Posted 14 August, 2017 I don't know what Samuel is talking about. FFP has not ended (or if it has, the news coverage of the ending has been remarkably muted). And Everton has not accomplished anything yet. He makes it sound like Everton has locked up regular appearances in the Champions League. Samuel has always hated FFP for good reason, but this article seems to leave reason behind so that he can assert as true what he wants to be true. Nothing to do with the above post Redslo - I'm interested in your input on something: I think Katharina is retaining 20% as a way of protecting the interests of the club and its supporters, and to keep her father's vision alive. So, to what degree can she rely on minority shareholders' rights to accomplish that goal? Link to comment Share on other sites More sharing options...
farawaysaint Posted 14 August, 2017 Share Posted 14 August, 2017 Nothing to do with the above post Redslo - I'm interested in your input on something: I think Katharina is retaining 20% as a way of protecting the interests of the club and its supporters, and to keep her father's vision alive. So, to what degree can she rely on minority shareholders' rights to accomplish that goal? Very little, she would need more than 25% to block special resolutions. Link to comment Share on other sites More sharing options...
Toussaint Posted 14 August, 2017 Share Posted 14 August, 2017 欢迎来到南安普敦 Indeed, Emmerdale Farm and or Crossroads. Link to comment Share on other sites More sharing options...
adrian lord Posted 14 August, 2017 Share Posted 14 August, 2017 How much do you spend on subscriptions to print media? if the answer is "zero" then you don't get to complain about copy editing. With sincere thanks, a copy editor. So, no pride in your work unless direct payment? Link to comment Share on other sites More sharing options...
a1ex2001 Posted 14 August, 2017 Share Posted 14 August, 2017 Can't say I'm full of joy I would have been happy for the club to remain in KL's ownership indefinitely, this new structure could be good or could be a total disaster. The guy doesn't seem to be rich enough to do much more than KL has in terms of sugar daddy status and the whole Lander not Lander situation leaves a strong whiff in the air! Link to comment Share on other sites More sharing options...
James Posted 14 August, 2017 Share Posted 14 August, 2017 Very little, she would need more than 25% to block special resolutions. Under normal principles of company law yes but, with these kind of "joint venture" arrangements, its usual to have a list of "reserved matters" which require unanimous consent from both investors. Given the 80:20 weighting I suspect the list of matters on which KL would have an effective veto right are quite slim. It depends whether the deal was struck on the basis of her retaining a purely economic interest with no shareholder voting rights or whether she still gets a say when it comes to fundamental changes being proposed. I hope the latter is the case. Link to comment Share on other sites More sharing options...
Dusic Posted 14 August, 2017 Share Posted 14 August, 2017 Compared to the investment Everton got this is small-fry and the main character comes with some clear alarm bells. That said, KL has clearly been looking to do this for quite a while and has seemingly got to know them so must be happy with what is on the table which tempers the caution slightly. Ultimately, few Asian based takeovers of British football teams have bsen successful so lets hope this is an exception. Interesting content on @Prof_Chadwick and @DreyerChina timelines. Link to comment Share on other sites More sharing options...
St Chalet Posted 14 August, 2017 Share Posted 14 August, 2017 Speculation on your part? or "ITK"? Have it on decent authority that it is happening, speculation on my behalf that it will be announced shortly after this. Link to comment Share on other sites More sharing options...
shurlock Posted 14 August, 2017 Share Posted 14 August, 2017 Oh no!!!!!!! Cancel the deal Kat, surely it can`t go ahead without Shurlock`s approval Completely agree pal - perhaps they should have consulted me. Link to comment Share on other sites More sharing options...
SuperSAINT Posted 14 August, 2017 Share Posted 14 August, 2017 Have it on decent authority that it is happening, speculation on my behalf that it will be announced shortly after this. Makes perfect sense to tap into that market. Link to comment Share on other sites More sharing options...
Jonnyboy Posted 14 August, 2017 Share Posted 14 August, 2017 So, no pride in your work unless direct payment? Pride don't pay the bills. Link to comment Share on other sites More sharing options...
Kingsbridge Saint Posted 14 August, 2017 Share Posted 14 August, 2017 Not expecting to see much change in the short term. The money will be going to Kat, not for player investment. The diversification of the capital base is a good thing, and new skills doubtless being brought in at Board level, which is also a good thing. Yuning Zhao recently went to West Brom so we are now also a clear route into the EPL for the best Chinese players, which is also a good thing. That's my takeaways anyway. Link to comment Share on other sites More sharing options...
Pilchards Posted 14 August, 2017 Share Posted 14 August, 2017 So help me get this right. We got 132m from Sky plus season tickets sales/shirt sales etc and maybe selling VVD for 70m. Has the new owner bought the club for nothing as he has already got his money back? I've not even mentioned the value of St Mary's, staplewood and the current players value which I reckon stands at 250m. If only i could of borrowed 200m and made such a hefty profit myself. Link to comment Share on other sites More sharing options...
Saintandy666 Posted 14 August, 2017 Share Posted 14 August, 2017 I have liked the sensible, sustainable investment of the Liebherr's. Nothing too flashy either - we grew in a way we could maintain. Hopefully, these new investors are the same. Link to comment Share on other sites More sharing options...
Ohio Saint Posted 14 August, 2017 Share Posted 14 August, 2017 Pride don't pay the bills. Unless you are working for free, you are making yourself sound ridiculous. Link to comment Share on other sites More sharing options...
Simon3737 Posted 14 August, 2017 Share Posted 14 August, 2017 So help me get this right. We got 132m from Sky plus season tickets sales/shirt sales etc and maybe selling VVD for 70m. Has the new owner bought the club for nothing as he has already got his money back? I've not even mentioned the value of St Mary's, staplewood and the current players value which I reckon stands at 250m. If only i could of borrowed 200m and made such a hefty profit myself. The Gao family can't just take all the Sky and VVD income and walk off with it! That money will have already been budgeted for to pay for all the extended and improved player contacts/wages and buying Lemina etc. Link to comment Share on other sites More sharing options...
sgsaints07 Posted 15 August, 2017 Share Posted 15 August, 2017 So excited about next season's all red kit. Pray that Gao leaves the club emblem alone. Sent from my HTC 10 using Tapatalk Link to comment Share on other sites More sharing options...
BoscombeScummer Posted 15 August, 2017 Share Posted 15 August, 2017 A very warm welcome from me, Boscombe Scummer, to the Gao family. Link to comment Share on other sites More sharing options...
doddisalegend Posted 15 August, 2017 Share Posted 15 August, 2017 We'll I'm not exactly jumping for joy a bit nervous how this will pan out. I'm dubious they have the sort of money needed to make a real difference in the PL so for me best case scenario is they are very hands off and the let things carry on much as they are. Time will tell I guess. Link to comment Share on other sites More sharing options...
Ultimatt Posted 15 August, 2017 Share Posted 15 August, 2017 With knocking off Kat's loans we're already £60m(?) ahead + the £6m p.a. saving on interest. We were already super conservative in the transfer market so hard to see them investing less there. My guess is things stay the same with regards to our on field/player strategy and all their changes will come off field; building the brand in China, developing around the Stadium. Link to comment Share on other sites More sharing options...
rooney Posted 15 August, 2017 Share Posted 15 August, 2017 PA News say all loans paid in full. Why would you pay tax on the capital gain when loan repayments are tax free? No business runs like you suggest . A big 4 accountant and a top city solicitor will see to that Not sure if you have read my post correctly as the Capital gains and Loan repayment are different issues. If her loans are repaid as others have suggested, it is the club that repay them unless she writes them off. She would not wish to convert them to equity as she did before, as I suspect this would fall foul of the deal with the Chinese. Whilst interest on the Loans are not normally tax free, I agree the capital repayments are. However, as you say I expect some accountant has sewn this up with Trusts and offshore Tax status. Link to comment Share on other sites More sharing options...
Bstokesaint Posted 15 August, 2017 Share Posted 15 August, 2017 Not really excited we've been sold to a Chinese crook. Im worried some of our more unrealistic fans are now going to realise how good we had it under the Liebherrs Link to comment Share on other sites More sharing options...
Window Cleaner Posted 15 August, 2017 Share Posted 15 August, 2017 Not really excited we've been sold to a Chinese crook. Im worried some of our more unrealistic fans are now going to realise how good we had it under the Liebherrs I'd watch what I say if I were you.... Link to comment Share on other sites More sharing options...
angelman Posted 15 August, 2017 Share Posted 15 August, 2017 Not really excited we've been sold to a Chinese crook. Im worried some of our more unrealistic fans are now going to realise how good we had it under the Liebherrs This doesn't really make a whole lot of sense seeing as the Liebherrs no longer wanted to be in charge, and it was them who wanted out rather that "our more unrealistic fans". Link to comment Share on other sites More sharing options...
eddie Posted 15 August, 2017 Share Posted 15 August, 2017 I have liked the sensible, sustainable investment of the Liebherr's. Nothing too flashy either - we grew in a way we could maintain. Hopefully, these new investors are the same. That's the Swiss for you. I'd far rather have another Swiss or even a Scandanavian investor above Asian just in the way that business is conducted and the understanding of the culture here or more generally, Europe. I don't say that with anything against them, but investments aren't only financial, they are also about understanding the culture and history of what you are investing in, the factors around it that affect business decisions. It's far more difficult with an investor from an entirely different culture and background. I have a few friends here in Switzerland who have investors in their start up companies and a lot of challenges come when they took money from places like the Middle East instead of looking closer to home. Link to comment Share on other sites More sharing options...
doddisalegend Posted 15 August, 2017 Share Posted 15 August, 2017 Chinese tycoon Gao Jisheng buys Southampton for a seat in planet’s most-viewed sports league http://www.bing.com/news/apiclick.aspx?ref=BDIGeneric&aid=C98EA5B0842DBB9405BBF071E1DA7651530FFE51&tid=5557209A3D1A495FA49CE53AA5D95361&url=http%3a%2f%2fwww.scmp.com%2fbusiness%2fbanking-finance%2farticle%2f2106862%2fchinese-tycoon-gao-jisheng-buys-southampton-seat-planets&c=8675128372224402152&mkt=en-gb Link to comment Share on other sites More sharing options...
Chez Posted 15 August, 2017 Share Posted 15 August, 2017 Interesting that he used his own money. I wonder if SFC will eventually be sold on to Lander and whether they will use loans to acquire it. Personally I've been very happy with Kat's ownership, but I don't really understand why she he decided to sell now (unless she thinks the value has topped out) nor why she has sold to this guy. If we are all slightly nervous, why isn't she? I also don't understand why she has bothered to retain a 20% share? Can someone clarify that last point for me. Does she think that with him as the owner the company will thrive and this she will make even more on the deal? Link to comment Share on other sites More sharing options...
verlaine1979 Posted 15 August, 2017 Share Posted 15 August, 2017 Interesting that he used his own money. I wonder if SFC will eventually be sold on to Lander and whether they will use loans to acquire it. Personally I've been very happy with Kat's ownership, but I don't really understand why she he decided to sell now (unless she thinks the value has topped out) nor why she has sold to this guy. If we are all slightly nervous, why isn't she? I also don't understand why she has bothered to retain a 20% share? Can someone clarify that last point for me. Does she think that with him as the owner the company will thrive and this she will make even more on the deal? I'd be amazed if it isn't just a temporary sop to anxious fans worried about the identity of the new owner. There will probably be a timetable for the further sale of 20% and she'll be fully divested of her share of the club after twelve months or so. Link to comment Share on other sites More sharing options...
Bstokesaint Posted 15 August, 2017 Share Posted 15 August, 2017 Interesting that he used his own money. I wonder if SFC will eventually be sold on to Lander and whether they will use loans to acquire it. Personally I've been very happy with Kat's ownership, but I don't really understand why she he decided to sell now (unless she thinks the value has topped out) nor why she has sold to this guy. If we are all slightly nervous, why isn't she? I also don't understand why she has bothered to retain a 20% share? Can someone clarify that last point for me. Does she think that with him as the owner the company will thrive and this she will make even more on the deal? All I can think is no one else was interested so she's had enough and sold up to this guy. The retaining 20% is the weird one for me, did Gao not have the money to buy 100% or has she kept it for some kind of tax avoidance? Link to comment Share on other sites More sharing options...
eddie Posted 15 August, 2017 Share Posted 15 August, 2017 Interesting that he used his own money. I wonder if SFC will eventually be sold on to Lander and whether they will use loans to acquire it. Personally I've been very happy with Kat's ownership, but I don't really understand why she he decided to sell now (unless she thinks the value has topped out) nor why she has sold to this guy. If we are all slightly nervous, why isn't she? I also don't understand why she has bothered to retain a 20% share? Can someone clarify that last point for me. Does she think that with him as the owner the company will thrive and this she will make even more on the deal? I'd imagine she wants to invest elsewhere. At some point she wants to do something else with the returns she's got/will get. About the 20% share - I'd think she still sees it as profitable and hopes to make something off that remaining 20%. I don't know how much money she sits on but putting so much into one company (Southampton FC) does come with risks. And, could also be simply that she cares about the club and still would like to see it develop. The only way she has any seat at the table in decision making is if she also puts money where her heart is. By 20% she has little overall control but is still able to input. That's at least the optimistic outlook. Could be purely financial though. Link to comment Share on other sites More sharing options...
Bstokesaint Posted 15 August, 2017 Share Posted 15 August, 2017 (edited) I'd watch what I say if I were you.... You've got to be pretty unlucky to be completely innocent and directly involved in massive corruption cases, even in china. Am I wrong in thinking this guy would be in prison under most western laws? Edited 15 August, 2017 by Bstokesaint Link to comment Share on other sites More sharing options...
Window Cleaner Posted 15 August, 2017 Share Posted 15 August, 2017 I'd be amazed if it isn't just a temporary sop to anxious fans worried about the identity of the new owner. There will probably be a timetable for the further sale of 20% and she'll be fully divested of her share of the club after twelve months or so. That would be the scenario that I'd imagine. KL obviously needs the money but wants to appear to be giving some sort of continuity to the affair. Link to comment Share on other sites More sharing options...
angelman Posted 15 August, 2017 Share Posted 15 August, 2017 I presume with 20% she will retain a seat on the board and will be there throughout the transitional period (however long that may be). Link to comment Share on other sites More sharing options...
Tom & Gerry Posted 15 August, 2017 Share Posted 15 August, 2017 Does this mean we no longer have to bow the knee to Liverpool? Link to comment Share on other sites More sharing options...
Faz Posted 15 August, 2017 Share Posted 15 August, 2017 Does this mean we no longer have to bow the knee to Liverpool? I think you mean "bend the knee". And they aren't even the "King of the North". Link to comment Share on other sites More sharing options...
shurlock Posted 15 August, 2017 Share Posted 15 August, 2017 I'd watch what I say if I were you.... Why the pussyfooting? What he says about the new owne is correct, though as Mark Dreyer says, Gao wouldn't be the first crook to oversee an English club. Link to comment Share on other sites More sharing options...
Window Cleaner Posted 15 August, 2017 Share Posted 15 August, 2017 I think you mean "bend the knee". And they aren't even the "King of the North". King in the North. Link to comment Share on other sites More sharing options...
eelpie Posted 15 August, 2017 Share Posted 15 August, 2017 If I remember rightly Lander sport liked that we developed players and sold them. As for the stadium expansion they really need to reduce ticket prices to fill the extra seats, I have always said if we charged 30 quid for crap teams and 35 for decent teams and ST were 500-520 we would get 38,000 easy for premier league games. For me if they develop the stadium reduce ticket prices but carry on allowing the club to self efficient and sell and spend less and we finish top 10 I wont complain, sadly the Americans have the right approach to sport and ensure fair play with draft and salary caps in NFL and NBA, We will never be a top 4 club unless a few of us have kids that become world class and we make them stay loyal. Much to like here. Link to comment Share on other sites More sharing options...
Johnny Bognor Posted 15 August, 2017 Share Posted 15 August, 2017 他妈的庞培 Link to comment Share on other sites More sharing options...
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