The Fat Controller Posted 21 January, 2009 Posted 21 January, 2009 OK it would also mean next season possibly in league 1 as well - Poll Yes or NO
trousers Posted 21 January, 2009 Posted 21 January, 2009 OK it would also mean next season possibly in league 1 as well - Poll Yes or NO Yes ref: amputation of gammy leg analogy
hypochondriac Posted 21 January, 2009 Posted 21 January, 2009 Nope. Regardless of administration, I can't see Lowe being able to stay on longer than this season. The fans won't allow it and the protests will get louder and longer as this continues. It will get to a point where he will simply not be able to ignore it. It's inevitable.
Rocker268 Posted 21 January, 2009 Posted 21 January, 2009 Nope. Regardless of administration, I can't see Lowe being able to stay on longer than this season. The fans won't allow it and the protests will get louder and longer as this continues. It will get to a point where he will simply not be able to ignore it. It's inevitable. Although Lowe may be determined to stay I agree it will get to the point where he can no longer stay so Administration will maybe hurry the process up but its not worth taking for the sake of a few months
Scummer Posted 21 January, 2009 Posted 21 January, 2009 I think admin would result in a further relegation next season as well, so no. Admin is a very bad thing for a football club these days, I'd barely wish it on Pompey.
JonnyLove Posted 21 January, 2009 Posted 21 January, 2009 If there was no other way to get rid of him completley and the rest of his backers then Yes, Yes and thrise Yes
The Farmer Posted 21 January, 2009 Posted 21 January, 2009 Nope. Regardless of administration, I can't see Lowe being able to stay on longer than this season. The fans won't allow it and the protests will get louder and longer as this continues. It will get to a point where he will simply not be able to ignore it. It's inevitable. Would welcome the risks of administration if it meant Lowe, Askham and the rest of the cabal had to ride off into the sunset for good.
Window Cleaner Posted 21 January, 2009 Posted 21 January, 2009 OK it would also mean next season possibly in league 1 as well - Poll Yes or NO No, administration for us is bad news, anything but that. Other clubs may have gone down that road but we have far more to lose. Plus it would mean Leon Crouch losing £2 million and that would be the end of him.He deserves better than that, he bought a lot of shares in good faith.
trousers Posted 21 January, 2009 Posted 21 January, 2009 Nope. Regardless of administration, I can't see Lowe being able to stay on longer than this season. The fans won't allow it and the protests will get louder and longer as this continues. It will get to a point where he will simply not be able to ignore it. It's inevitable. I took the question as asking whether you would take the hit on admin/relegation IF the only way to achieve this was if Lowe departed. I agree there are probably more likely chronologies but I believe it was the thinking behind the question nonetheless. Maybe
hypochondriac Posted 21 January, 2009 Posted 21 January, 2009 Would welcome the risks of administration if it meant Lowe, Askham and the rest of the cabal had to ride off into the sunset for good. We will probably go into admin sometime in the next few years anyway. I just reckon Lowe will be forced o leave regardless of the finances. He just won't be able to stay on in the face of increasing protests.
trousers Posted 21 January, 2009 Posted 21 January, 2009 I just reckon Lowe will be forced o leave regardless of the finances. Quite possibly, but I believe the question was asking about another hypothetical chain of events.
Pancake Posted 21 January, 2009 Posted 21 January, 2009 Nope. Regardless of administration, I can't see Lowe being able to stay on longer than this season. The fans won't allow it and the protests will get louder and longer as this continues. It will get to a point where he will simply not be able to ignore it. It's inevitable. Too right. No matter how this season ends, the ground swell of discontent will grow over the close season and people can then ignore the old "support the team during the match" idea and put 100% into getting Lowe etc out if they are still here. For me, after reading more and more about administration, I really think it should be avoided at all costs (and yes, I mean player sales etc if needed). If we go in administration there wont be much point in trying to get ANYONE out of Southampton Football Club as Southampton Football Club simply will not exist as it is today. If we stay up and go into administration, we are basically down next season. Same end result as going down this season and going into administration. The ONLY way the club can keep hold of itself is to survive (in football terms) this season and do EVERYTHING it can this summer to avoid administration. Give them the time off to rebuild the team, from the ground up if needed... and for Gods sake, GET A NEW BOARD IN!
hypochondriac Posted 21 January, 2009 Posted 21 January, 2009 I took the question as asking whether you would take the hit on admin/relegation IF the only way to achieve this was if Lowe departed. I agree it's an unlikely chronology but I believe it was the thinking behind the question nonetheless. Maybe If that's the case then most certainly yes. Admin would be a ***** but we need a fresh start.
Gemmel Posted 21 January, 2009 Posted 21 January, 2009 Nope. Regardless of administration, I can't see Lowe being able to stay on longer than this season. The fans won't allow it and the protests will get louder and longer as this continues. It will get to a point where he will simply not be able to ignore it. It's inevitable. I agree to a certain extent that he will be gone at or by the end of the season. His colours are so firmly nailed to this experiement, that it would be impossible for him to stay if it fails (Which it will). The bit i am most worried about is the fact that he could us into administration out of spite after the FA cut off point
Window Cleaner Posted 21 January, 2009 Posted 21 January, 2009 If that's the case then most certainly yes. Admin would be a ***** but we need a fresh start. But whatever happens we will still have 20 million debt on the Stadium.Administration will never make that go away. If we want to continue playing there we owe Aviva 20 million, that's final.Barclays won't just bugger off either and write our debt down to experience, they'll get there 5(or so million) by hook or by crook.Apparently we don't owe the taxman so the only losers will be staff, players,small shareholders who've never made more than a few pence dividends and local traders. We don't owe enough to enough people (other than the two cited) to make it worthwhile. We've just got to tough it out whatever happens on the field.
BadgerBadger Posted 21 January, 2009 Posted 21 January, 2009 But would administration open the door for Lowe and his cronies to buy the club outright?
saintjay77 Posted 21 January, 2009 Posted 21 January, 2009 If it was a dead cert that administration would get rid of the lot of them and bring in someone new that could give us anything better than what we have then I would say yes. If anyone can garentee that then I will be amazed so in reality I still want to aviod admin at all costs.
Redondo Saint Posted 21 January, 2009 Posted 21 January, 2009 NO Some people need to look at the big picture rather than personal hate.
The Farmer Posted 21 January, 2009 Posted 21 January, 2009 We will probably go into admin sometime in the next few years anyway. I just reckon Lowe will be forced o leave regardless of the finances. He just won't be able to stay on in the face of increasing protests. But its not just Lowe we need rid of. After 20 years following Saints I no longer wish to support the club with the current incumbants. I'd actually prefer there was no club to one being run into the ground through greed and egotism. The people of Southampton deserve a better run club than the people who are currently fleecing it for all its worth, they are not fit to take our money.
Window Cleaner Posted 21 January, 2009 Posted 21 January, 2009 But would administration open the door for Lowe and his cronies to buy the club outright? Not so sure, perhaps if they have the biggest financial clout it's a possibility. But anyone could come in with a bigger and better plan and deny them their devious way,so I don't think they risk administration as a calculated means to an end Depends just how much they really have to lose.At some point or other injecting cash must become more viable than losing the totality of their investment. I mean blokes like Withers can't be short of a bit of folding can they,I get the idea though that before we see any of it we'll need to see the back of Crouch,Wilde and the Corbett family..
Katalinic Posted 21 January, 2009 Posted 21 January, 2009 That's a tough one. Lowe is a disaster, administration would be equally disasterous. I would like to think we can get rid of one and avoid the other but ultimately this could depend on whether Lowe is prepared to do business with "the enemy".
sperm_john Posted 21 January, 2009 Posted 21 January, 2009 No, i want success for the team, we have to stay up, lowe or no lowe
John B Posted 21 January, 2009 Posted 21 January, 2009 But would administration open the door for Lowe and his cronies to buy the club outright? Why would they want to buy a failing company where income will not cover expenditure?
trousers Posted 21 January, 2009 Posted 21 January, 2009 Why would they want to buy a failing company where income will not cover expenditure? If the answer to that is "they wouldn't" then why did they come back in the first place 9 months ago?
Scummer Posted 21 January, 2009 Posted 21 January, 2009 If the answer to that is "they wouldn't" then why did they come back in the first place 9 months ago? I guess to try and avoid losing the money they had invested in shares. Buying us out of admin would require them to spend some money.
labibs Posted 21 January, 2009 Posted 21 January, 2009 No for me. If we go into admin, we could get relegated next year as well. If we slipped into league 2, I don't see us ever coming back, at least not for a very long time. We would lose the stadium and never realistically be in a position to buy it back. We could well do a Luton
Snowballs2 Posted 21 January, 2009 Posted 21 January, 2009 YES...the thought of Lowe staying and wrecking things even more sadly makes his removal the main priority. Wilde does not seem to worry what happens but I do.
Calvin Posted 21 January, 2009 Posted 21 January, 2009 It just wouldn't make any difference because of the state the club is in currently!!!
PaulSaint Posted 21 January, 2009 Posted 21 January, 2009 Not unless it was the only option. Until then we fight to get rid of Lowe and Jan while simultaneously supporting the players.
Weston Saint Posted 21 January, 2009 Posted 21 January, 2009 No to Administration under any circumstances.
JohnnyFartPants Posted 21 January, 2009 Posted 21 January, 2009 If we stay up and the debt is reduced some what then he has been a success so why want him out?
Alanh Posted 21 January, 2009 Posted 21 January, 2009 But whatever happens we will still have 20 million debt on the Stadium.Administration will never make that go away. If we want to continue playing there we owe Aviva 20 million, that's final.Barclays won't just bugger off either and write our debt down to experience, they'll get there 5(or so million) by hook or by crook.Apparently we don't owe the taxman so the only losers will be staff, players,small shareholders who've never made more than a few pence dividends and local traders. We don't owe enough to enough people (other than the two cited) to make it worthwhile. We've just got to tough it out whatever happens on the field. The mortgage on the stadium is not a significant problem as it is structured and repayable over a very long period and can always be renegotiated to a longer repayment term if necessary. If enough season ticket holders continue to buy their tickets (don't know what the number is) then we'll be able to service the mortgage. The bigger issue is Barclays and their provision of credit to enable to company to run on a day to day basis. If the overdraft with them needs to be cleared or reduced in the summer then the odds are that player sales will achieve that. Provided we keep paying HMRC then they won't wind us up. Personally I don't think administration will be necessary unless we are relegated and then can not achieve the revenues from season ticket sales and subsequently matchday sales to service the debts. As a result I believe the number one priority is to survive in this division until such time that the finances are in a healthier position and we can invest in the team and push for promotion. To survive this season is going to mean replacing JP ASAP in order that we can get another manager in who can organise and inspire this squad. On paper we are plenty good enough to survive, but have no winning mentality and no confidence.
Gemmel Posted 21 January, 2009 Posted 21 January, 2009 The mortgage on the stadium is not a significant problem as it is structured and repayable over a very long period and can always be renegotiated to a longer repayment term if necessary This has already been done once and twice if you read bewteen the lines of lowes reason for the delayed AGM
trousers Posted 21 January, 2009 Posted 21 January, 2009 any real fan would say no so NO for me Wouldn't any "real" fan also want Lowe not to be at the club either? The question was posing a hypothetical scenario: Administration or Lowe being the only mutually exclusive choices. We can debate the validity of said hypothesis until the cows come home but that's not the point of the question (IMHO).
SaintRobbie Posted 21 January, 2009 Posted 21 January, 2009 OK it would also mean next season possibly in league 1 as well - Poll Yes or NO Yes. But would prefer to see the back of him AND avoid administration.
Rational Rich Posted 21 January, 2009 Posted 21 January, 2009 No. Administration to be avoided at all costs, and if at all possible. It will be horrible and will take us much longer to recover from than simple relegation or any well meant if deluded and ill-conceived policies of Lowe (although appreciate that relegation and Lowe's deluded/ill-conceived policies may well result in administration). Put it this way, if we go into admin, without a sugar daddy rescuing us and willing to lose most of his fortune, you can kiss goodbye to any premiership hopes for many years to come.
Jimmy Gabriel's Halo Posted 21 January, 2009 Posted 21 January, 2009 [QUOTE=hypochondriac;173678]We will probably go into admin sometime in next few years anyway. I just reckon Lowe will be forced o leave regardless of the finances. He just won't be able to stay on in the face of increasing protests. .....next FEW years..!!!??? Try the next few WEEKS.
offix Posted 21 January, 2009 Posted 21 January, 2009 Too late. We will not have a choice anymore. We WILL be relegated, which WILL require us to go into administration (or the other way around, take your pick), whether or not Ru**rt and Quisling stay on or get booted. There is no other scenario possible anymore.
Under Weststand Posted 21 January, 2009 Posted 21 January, 2009 Heart says yes but head is saying no. Unless anyone can grantee that someone is waiting for this so they can get the club & its debt's & pay nothing to the share holders, otherwise were just playing Russian roulette. It may come to that anyway but I for one don't welcome it.
Ponty Posted 21 January, 2009 Posted 21 January, 2009 No way. Besides, League 1 is not the worst-case scenario, in a further 12 months we could easily be in League 2 after starting next year with -17 points.
CHAPEL END CHARLIE Posted 21 January, 2009 Posted 21 January, 2009 Remember that line in the movie 'Titanic' : "There's no stopping it the pumps buy you time, but minutes only. From this moment, no matter what we do, Titanic will founder." Whatever we think about Administration it's a mathematical certainty this club/business will fold at some point as Southampton Leisure Holdings will continue to generate significant losses year on year in perpetuity as far as I can see . We need to put SLH out of it's misery and start again with a restructured UNITED club living within it's means , less indebted and crucially free of the corrosive influence of Rupert Lowe and his cronies . This will be a painful and protracted business but I see little real alternative short of a major new investor arriving like the 7th Cavalry at the last moment , and let's face it that's just not going to happen .
Mole Posted 21 January, 2009 Posted 21 January, 2009 I accept administration because it's going to happen. To not accept the inevitable is living in cloud cuckoo land. With this in mind i view the fact Lowe and Wilde will lose all their investment and will be history as a ray on sunshine during these dark days. Let's get it on, go through the ****, then start climbing those leagues again.
aintforever Posted 21 January, 2009 Posted 21 January, 2009 It's going to happen so wether we accept it or not is meaningless. Hopefully Lowe and Wilde will lose all their money and someone decent will buy the club. Knowing Saints luck though this credit crunch/recession will mean that no one will want to buy it, the banks wont help out and we will be the first club to end up being liquidated. The only positive thing is the property market is screwed so there's no point bulldozing SMS to build flats.
Mole Posted 21 January, 2009 Posted 21 January, 2009 No way. Besides, League 1 is not the worst-case scenario, in a further 12 months we could easily be in League 2 after starting next year with -17 points. Our current team is of League 2 standard IMHO so even without a big deduction in League 1 next year i think we'd struggle. Add on the fact we'll lose some more players makes me think we'll be in the old 4th division in season 2010/2011. I think we'll then bottom out and then our comparitively large fanbase will see us find our natural level back in the Championship by 2014/15. Whereupon we'll be ready to push to reclaim our place in the Premiership. It's gonna be a long roadwhen you look at things realistically, but with Lowe and Wilde gone hopefully we can enjoy the ride as a united fanbase once the upturn comes.
alpine_saint Posted 21 January, 2009 Posted 21 January, 2009 NO Some people need to look at the big picture rather than personal hate. Grow up, FFS. Its abundantly clear to even the most dimwitted amonst us that he is f**king the club up from top-to-bottom
alpine_saint Posted 21 January, 2009 Posted 21 January, 2009 I think those that think we can avoid administration are much more deluded than those who think administration is a quick, easy cure to the club's bout of Lowe-itis..
St Landrew Posted 21 January, 2009 Posted 21 January, 2009 OK it would also mean next season possibly in league 1 as well - Poll Yes or NO This was actually a question I asked myself last week. To bring harmony back to SFC I think we need a wholesale clearout of the entire Board by having someone buy the club out. If that means adminstration to make the club attractive and inevitable relegation, then so be it. And I say that through gritted teeth.
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