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Am I Right In Thinking


Jeff Le Taxi
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So why would they be getting involved ? if not to look for a return on their investment

 

Naturally they would be looking for a return eventually, but it is a question of emphasis for me. As I say, unless somebody wished to buy the entire club earlier, Lowe wouldn't relinquish his chairmanship, so what would be in it for somebody to put their money into the club when they didn't have full control? Lowe's policies are the biggest single factor in our current parlous state and there would be no guarantee that the club didn't go into receivership anyway and their money would be lost.

 

If somebody did the sensible thing and waited to buy the club for a much smaller outlay, bought it delisted, rid of Lowe and the other charlatans, then there would be much more scope to make the club a going concern and build it back gradually and hopefully gaining a profit on promotion back to the Premiership. Provided that Lowe was gone, I suspect that support would increase with a half decent manager and we still do have a decent infrastructure in place down here, especially if the skates were relegated.

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But nick.........that's exactly what you have done. All your posts in support of Lowe, all your attacks on those opposed to Lowe, think about it nick!!
From your perspective not from mine, i knew that some may put that as i wrote.In fact i could turn the same back to you as i believe we would be in administration already if RL had noit returned.That is opinion, but having the finances to buy bit wait for disaster before saving the club is not the type of fan Io wnat running our club thankyou
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Haven't we been here before, only with a list that is now one name longer?

 

Yes, we have. Except now the difference would be that in the event of administration, none of them would have any value in their shares. They could form their own little consortium, I suppose, but these are mostly people who have historically shown very little inclination to put their hands into their own pockets, exept for Wilde, who probably doesn't have much dosh anymore. As for people like Askham and Richards, their shareholdings cost them amounts that I could easily write a cheque for and not worry too much about. I wonder how inclined they might be to really put something significant in, if there were other people/consortia interested?

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From your perspective not from mine, i knew that some may put that as i wrote.In fact i could turn the same back to you as i believe we would be in administration already if RL had noit returned.That is opinion, but having the finances to buy bit wait for disaster before saving the club is not the type of fan Io wnat running our club thankyou

 

Think your wrong there nickh. Of the little i do know i do know that Crouch had the backing of the bank. Plus i know that he was seeking the investment this club needs.

Lowe and Wilde have not done that and never will do that. Our debt is crippling us. A debt which Lowe and Wilde contributed hugely too by first getting us relegated then spending the money we had by giving Burley £12m in under 2 years to buy players. A gamble that did not pay off.

 

The only reason they gave him that money was because Wilde assured the board and shareholders he had the money coming in. Crouch and Corbett as well as others were saying don't spend the money if your not 100% sure. The fact they have not been sued over those remarks makes me believe it's true.

 

Crouch has done nothing wrong in regards to the finances. He did not sign anyone, did not sell anyone. Hired a manager on LESS money they what the previous manager was on and loaned out players to reduce the wages. At that time we had a massive injury crisis and we had to get in a few loan players. That was all we had.

 

The fact people such as yourself try and say things would be worse if Crouch remained is quite pathetic really. We find ourselves 2nd to bottom and have been there pretty much all season. Haven't been out of the drop zone in 2009. Are now playing players who were not used for over half the season because we wanted to give the youngsters a chance and give the new revoulutionairy dutch system a go. What happened to that? But now we have Davis,James,Skacel,Lallana,Surman,Gillett,BWP,Saga,Perry,Euell, etc players who were all being used under the Crouch set-up, players all experienced and now the dutch system is long gone. Did Crouch take that decision?

If this club gets relegated and goes into admin it will be nothing to do with Crouch it will be to do with Lowe and Wilde. So the fact you think he would do worse while we sit 2nd to bottom and have brought in players like Liptak,Gasmi,Pulis,Smith,Molyneux etc who are all being paid by us to just leads me to believe the club has never been run so bad as it has now. And you have a nerve to try and suggest things are better under the current regime. Wait until we are out of the relegation zone and have survived before you make such statements.

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If somebody did the sensible thing and waited to buy the club for a much smaller outlay, bought it delisted, rid of Lowe and the other charlatans, then there would be much more scope to make the club a going concern and build it back gradually and hopefully gaining a profit on promotion back to the Premiership. Provided that Lowe was gone, I suspect that support would increase with a half decent manager and we still do have a decent infrastructure in place down here, especially if the skates were relegated.

 

That rebuilding will need someone with a sizeable pot so must refer to those with SOME money will not be able to achieve this.

I listened to Barry Hearn today speaking about expectation of some Orient fans, now with his poke and contacts etc.. I would have expectation if he were Chair of our club but it was clear he was happy to be at the helm of a club that simply offered families a nice day out to watch a bit of football, few fans settle for that and expect investment that leads to progress, if a high profile businessman like him is not prepared to throw money at it how will we attract someone in this climate ?

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If these guys have SOME money why did they not try and get involved pre January, they could have offered something up with relevant conditions, strengthened the team in the window and build on it for next season.

 

Where have you been for the last 10 years?!? The reason no-one would be willing to invest is because the club is a PLC with loads of shareholders who could all gain from the investment and the investor would see little return for (unless they had millions to throw away in a moment of philanthropic madness). It ain't going to happen - EVER!

 

The only way anyone other than the idiots running the show right now will get involved, is if the PLC goes into administration. That's not to say its a good thing as such or that we should be wishing it on the club etc., but it is nevertheless a fact. Nobody in their right mind would throw good money after bad given the current regime. Better to wait for administration and then invest in a club that has had the equivalent of a thorough colonic irrigation to flush out the cr&p! IMHO.

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Think your wrong there nickh. Of the little i do know i do know that Crouch had the backing of the bank. Plus i know that he was seeking the investment this club needs.

Lowe and Wilde have not done that and never will do that. Our debt is crippling us. A debt which Lowe and Wilde contributed hugely too by first getting us relegated then spending the money we had by giving Burley £12m in under 2 years to buy players. A gamble that did not pay off.

 

The only reason they gave him that money was because Wilde assured the board and shareholders he had the money coming in. Crouch and Corbett as well as others were saying don't spend the money if your not 100% sure. The fact they have not been sued over those remarks makes me believe it's true.

 

Crouch has done nothing wrong in regards to the finances. He did not sign anyone, did not sell anyone. Hired a manager on LESS money they what the previous manager was on and loaned out players to reduce the wages. At that time we had a massive injury crisis and we had to get in a few loan players. That was all we had.

 

The fact people such as yourself try and say things would be worse if Crouch remained is quite pathetic really. We find ourselves 2nd to bottom and have been there pretty much all season. Haven't been out of the drop zone in 2009. Are now playing players who were not used for over half the season because we wanted to give the youngsters a chance and give the new revoulutionairy dutch system a go. What happened to that? But now we have Davis,James,Skacel,Lallana,Surman,Gillett,BWP,Saga,Perry,Euell, etc players who were all being used under the Crouch set-up, players all experienced and now the dutch system is long gone. Did Crouch take that decision?

If this club gets relegated and goes into admin it will be nothing to do with Crouch it will be to do with Lowe and Wilde. So the fact you think he would do worse while we sit 2nd to bottom and have brought in players like Liptak,Gasmi,Pulis,Smith,Molyneux etc who are all being paid by us to just leads me to believe the club has never been run so bad as it has now. And you have a nerve to try and suggest things are better under the current regime. Wait until we are out of the relegation zone and have survived before you make such statements.

 

 

I applaude what is probably one of the best factual summaries I have seen on this forum. Great post! :smt038:smt038:smt038

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Think your wrong there nickh. Of the little i do know i do know that Crouch had the backing of the bank. Plus i know that he was seeking the investment this club needs.

Lowe and Wilde have not done that and never will do that. Our debt is crippling us. A debt which Lowe and Wilde contributed hugely too by first getting us relegated then spending the money we had by giving Burley £12m in under 2 years to buy players. A gamble that did not pay off.

 

The only reason they gave him that money was because Wilde assured the board and shareholders he had the money coming in. Crouch and Corbett as well as others were saying don't spend the money if your not 100% sure. The fact they have not been sued over those remarks makes me believe it's true.

 

Crouch has done nothing wrong in regards to the finances. He did not sign anyone, did not sell anyone. Hired a manager on LESS money they what the previous manager was on and loaned out players to reduce the wages. At that time we had a massive injury crisis and we had to get in a few loan players. That was all we had.

 

The fact people such as yourself try and say things would be worse if Crouch remained is quite pathetic really. We find ourselves 2nd to bottom and have been there pretty much all season. Haven't been out of the drop zone in 2009. Are now playing players who were not used for over half the season because we wanted to give the youngsters a chance and give the new revoulutionairy dutch system a go. What happened to that? But now we have Davis,James,Skacel,Lallana,Surman,Gillett,BWP,Saga,Perry,Euell, etc players who were all being used under the Crouch set-up, players all experienced and now the dutch system is long gone. Did Crouch take that decision?

If this club gets relegated and goes into admin it will be nothing to do with Crouch it will be to do with Lowe and Wilde. So the fact you think he would do worse while we sit 2nd to bottom and have brought in players like Liptak,Gasmi,Pulis,Smith,Molyneux etc who are all being paid by us to just leads me to believe the club has never been run so bad as it has now. And you have a nerve to try and suggest things are better under the current regime. Wait until we are out of the relegation zone and have survived before you make such statements.

 

If only they would listen...How many times does this have to be spelt out...

In fact it is quite obvious they do not listen and it is so clearly the truth and goes to

show Lowe and Wilde to be what they are. Bring the circus back at least those clowns are fit for purpose and attempt to entertain.

As for Liptak, Gasmi, Pulis, Smith, Molyneaux and others who also fail to make the First team..Who made these dreadful decisions...Not proper football people scouts/coachs. Who is Ruperts Agent....Still no admission about Kim.:mad:

 

If only Lowe and Wilde would put their hands up admit defeat and walk.OR

 

The rest of their cronies..Askham, Richards and funny mob should show them time is up and walk...Not a true Saints supporter amongst them.:(

 

Dutch coach..won't even waste my time anymore.:smt017

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Think your wrong there nickh. Of the little i do know i do know that Crouch had the backing of the bank. Plus i know that he was seeking the investment this club needs.

Lowe and Wilde have not done that and never will do that. Our debt is crippling us. A debt which Lowe and Wilde contributed hugely too by first getting us relegated then spending the money we had by giving Burley £12m in under 2 years to buy players. A gamble that did not pay off.

 

The only reason they gave him that money was because Wilde assured the board and shareholders he had the money coming in. Crouch and Corbett as well as others were saying don't spend the money if your not 100% sure. The fact they have not been sued over those remarks makes me believe it's true.

 

Crouch has done nothing wrong in regards to the finances. He did not sign anyone, did not sell anyone. Hired a manager on LESS money they what the previous manager was on and loaned out players to reduce the wages. At that time we had a massive injury crisis and we had to get in a few loan players. That was all we had.

 

The fact people such as yourself try and say things would be worse if Crouch remained is quite pathetic really. We find ourselves 2nd to bottom and have been there pretty much all season. Haven't been out of the drop zone in 2009. Are now playing players who were not used for over half the season because we wanted to give the youngsters a chance and give the new revoulutionairy dutch system a go. What happened to that? But now we have Davis,James,Skacel,Lallana,Surman,Gillett,BWP,Saga,Perry,Euell, etc players who were all being used under the Crouch set-up, players all experienced and now the dutch system is long gone. Did Crouch take that decision?

If this club gets relegated and goes into admin it will be nothing to do with Crouch it will be to do with Lowe and Wilde. So the fact you think he would do worse while we sit 2nd to bottom and have brought in players like Liptak,Gasmi,Pulis,Smith,Molyneux etc who are all being paid by us to just leads me to believe the club has never been run so bad as it has now. And you have a nerve to try and suggest things are better under the current regime. Wait until we are out of the relegation zone and have survived before you make such statements.

This is one of the best posts ive read in ages.

Totally agree St Marco.

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That if we go into administration, the board are removed and Lowe and co get NOTHING for their shares?

 

NO! Your understanding is wrong.

 

If we go into Administartion, the board are granted an inter-regnum period of 3 months to solicit offers from potential buyers. If a buyer came forward, then depending upon the settlement price, Lowe & Co would get some money back based on their shareholding and the effective share price attributable to the takeover price.

 

If NO buyer came forward within the Administration period, then the club would enter Receivership in which the board would be dismissed and the club would be in the hands of the Official Receiver who would run the club on a day-to-daybasis whilst it was being wund-up. Acting on behalf of all creditors the Official receiver would dispose of the assets to retrieve as much money as possible for creditors. Inevitably in a fire sale the amount of cash generated by disposing of assets would fall short of the outstanding liabilities so creditors would not get all their money back and of course shareholders are left with worthless shares, in this case Lowe & Co are quids OUT!

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I believe that the Fulthorpe consortium are waiting in the wings and may put in an offer if administration does occur.

 

Unfortunately I have also heard the Lowe would also put a bid in, backed by cash from Guernsey based businessmen and from the City. According to a guy I know who used to do the books for Saints, Lowe would want the club for the re-development possibilites of Jacksons Farm and possibly the land around St Mary's. He certainly wouldn't care about getting the club back on its feet and therefore wouldn't care if fans boycotted the club or not.

 

Mind you, let's hope any other investors/consortium outbid Lowe if it comes to that.

 

That's his friend Tom Scott then..

 

Hate to say I told you so....but I did.

 

WHAT A B@STARD

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Where have you been for the last 10 years?!? The reason no-one would be willing to invest is because the club is a PLC with loads of shareholders who could all gain from the investment and the investor would see little return for (unless they had millions to throw away in a moment of philanthropic madness). It ain't going to happen - EVER!.

 

Ive been here for the last ten years and more than ten before that, the inference the PLC holds anyone but idiots back suggests you believe all that have purchased a large number of shares to be just that, remind me when Crouch bought his ? how much did he pay per share ?

Someone with a sizeable shareholding can bring about change, as we have witnessed with both Wilde and Crouch, although that change led to the further demise of our club, if those with SOME money after initial purchase of shares can bring a further cash injection to the club, by whatever source, then due to the progress their money could create they would see a quicker return on their investment, there is a sizeable difference in the sky money alone between Championship and League 1

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Ive been here for the last ten years and more than ten before that, the inference the PLC holds anyone but idiots back suggests you believe all that have purchased a large number of shares to be just that, remind me when Crouch bought his ? how much did he pay per share ?

Someone with a sizeable shareholding can bring about change, as we have witnessed with both Wilde and Crouch, although that change led to the further demise of our club, if those with SOME money after initial purchase of shares can bring a further cash injection to the club, by whatever source, then due to the progress their money could create they would see a quicker return on their investment, there is a sizeable difference in the sky money alone between Championship and League 1

 

You remind me of jonah the financial whizz kid .Never the fault of Rupert in your little reports..Everyone else is an idiot, tha same snide comments that come from jonah and oh yeah your man Rupert.:smt017

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Slight interlude....why has Nineteen Canteen stopped posting? Did I miss an 'event' that brought this about?

 

A mate from Special Branch in sunny Glos. He is also a pleasant plucker..states that, Nineteen canteenwho is allegedly one of Ruperts beaters (is he meant to chase the pheasants out or the like for toffs to shoot) was accidently shot in the foot and has due to this injury been unable to toe the party line recently.:---)

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Yep...same club that ex-Southampton player Jimmy Gabriel played for between 1974 and 1979 and is now their assistant manager.....small world.....

 

Not sure if Jimmy is still asistant, but they do have Kasey Keller between the sticks, and he kept a clean sheet in his first MLS game for 17 years. Top keeper imo.

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Not sure if Jimmy is still asistant, but they do have Kasey Keller between the sticks, and he kept a clean sheet in his first MLS game for 17 years. Top keeper imo.

 

I was wrong he's still there, sorry. He is pretty highly respected according to the internet and has been heavily involved in kids grass roots 'soccer' too.

 

Sounds like HCDAJFU, I wander if he follows our results still?

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I was wrong he's still there, sorry. He is pretty highly respected according to the internet and has been heavily involved in kids grass roots 'soccer' too.

 

Sounds like HCDAJFU, I wander if he follows our results still?

 

Not sure about that but he needs to have a word with his boss pronto about investment opportunities this side of the pond. We could do with Seattle Sounds as a feeder club too...;)

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Seattle's Chairman sounds an interesting chap, a philanthropist some might say:

 

From their OS:

Says Carey: "I was mostly interested in spreading the gospel of fan control over the team's management, like they have at Real Madrid and Barcelona. It had nothing, really, to do with wanting to own a business. We're all excited about bringing democracy to sports in America."

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Apologies but I am fast becoming a fan of the Sounders. Here's another bit I found interesting:

 

Their fans ritually gather 90 minutes before kick off and march to the stadium led by the clubs own band. http://www.soundersfc.com/Matchday/March-to-the-Match.aspx

 

Blimey we've got the marching to the ground bit down to a tee, and we could surely resurrect the Albion Band.

 

have a look around their site, they even have a seating plan that tells you what percentages of fans like to chant, stand, even who their second team is?

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I thought we established long ago that Lowe mainly returned to keep his own faltering shares alive, in case Crouch had taken the club under?

 

And if his shares were going to lose their full value he could always recoup some losses via director's expenses en route to administration.

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Ive been here for the last ten years and more than ten before that, the inference the PLC holds anyone but idiots back suggests you believe all that have purchased a large number of shares to be just that, remind me when Crouch bought his ? how much did he pay per share ?

Someone with a sizeable shareholding can bring about change, as we have witnessed with both Wilde and Crouch, although that change led to the further demise of our club, if those with SOME money after initial purchase of shares can bring a further cash injection to the club, by whatever source, then due to the progress their money could create they would see a quicker return on their investment, there is a sizeable difference in the sky money alone between Championship and League 1

 

 

Completely different set of circumstances (and I suspect you know this). Crouch did not INVEST money to the club - he bought shares to attempt to take some control over a failing regime in desperation because he cares for the club. Things have moved substantively on since then as I am sure you are aware. This club has needed serious investment for years. How much has Lowe secured in his time? None.

 

Why will no individual invest MONEY into Saints? Because there is little hope of return on investment in our current state. Why will no-one buy cheap shares in the club? Because (a) we're close to administration (thanks Lowe) and (b) they will need to spend a significant amount of money to gain control (thanks to the PLC set-up by Lowe) and then spend even more money sorting out the financial mess (thanks Lowe) before sorting out the playing and coaching staff shambles (thanks Lowe).

 

Sorry, but your hopes for a white knight coming along are ill-founded - the PLC and general financial health of the company are seeing to that. Lowe and Co are going nowhere unless administration forces them out. It's a depressing and thoroughly disheartening prospect, but this club is on its knees with only two possible outcomes - administration or win a higher % of games in the seven remaining than at any time since being relegated. And even the latter course may not ultimately save the club....we might still see administration and/or a fire sale in the summer of 'assets'.

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Sorry, but your hopes for a white knight coming along are ill-founded - the PLC and general financial health of the company are seeing to that. Lowe and Co are going nowhere unless administration forces them out. It's a depressing and thoroughly disheartening prospect

 

A white knight coming along is never something I held out hope for but agree with the rest of your post, it ******es me off that the likes of Falsehope put themselves out there as the white knight, it ******es me off when we hear that wealthy fans in the public eye are alleged to have said they will not let this club die, however, we remain on the cusp

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This is one of the best posts ive read in ages.

Totally agree St Marco.

i agree LC did have backing from the bank as long as he sold everything that moved.

It is so funny that you put Wilde and Lowe together during the whole last 3 seasons. It was LC who was the power broker and he installed the Wilde bunch to power. RL did not spend the 12 m and i suggest he would have reigned GB in and I expect LC would have also.

The Bunch came in on football first and so spent and tried to appease the fans. I wanted RL gone but not for any alternative as i could see and like others warned of the consequences whicjh may i say was one of the things being faced by us now.

I love the bit where you say Corbett and LC begged the board not to buy, that is another lol.

LC said he had not got the Walcott money paid up early and then it came out he had. He installed G&D and saved himself by the skin of his teeth with NP (only 20 mijutes from safety though) and then did not get NP signed up longer. i understand why he didnt but as he is such a gods on here perhaps fans should point the finger at him for that.

You have not put facts but guesses and as for your statement that RL and MW are not looking for investment i can tell you 100% with certainty that is not true.

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You have not put facts but guesses and as for your statement that RL and MW are not looking for investment i can tell you 100% with certainty that is not true.

 

 

...but what you cant tell us is why we have no investment (or indeed have NEVER attracted investment under Lowe) and why the SISU deal was declined. MC however has told us that there is investment there but it will not come in whilst Lowe is here... I have no reason to doubt that.

 

Facts:

 

Lowe has NEVER attracted investment into SFC. Never ever, past - present or future [?].

According to MC, Crouch has attracted investment, if Lowe is out.

 

RL looking for investment? lol lol lol lol (rpt) Maybe. Chances of success? Little. Better off without him? You betcha. Possibly looking to consolidate his holding on the club if we go into administration? I think so.

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...but what you cant tell us is why we have no investment (or indeed have NEVER attracted investment under Lowe) and why the SISU deal was declined. MC however has told us that there is investment there but it will not come in whilst Lowe is here... I have no reason to doubt that.

People had no reason to doubt Michael Wilde when he made exactly the same statements. He even went as far as to put it in writing in his "manifesto".

 

Facts:

 

Lowe has NEVER attracted investment into SFC. Never ever, past - present or future [?].

Fiction. Lowe, along with Lord Marland and Paul Thompson underwrote a rights issue to part-fund the SMS construction, which brought an extra £3m into the club.

 

According to MC, Crouch has attracted investment, if Lowe is out.

 

RL looking for investment? lol lol lol lol (rpt) Maybe. Chances of success? Little. Better off without him? You betcha. Possibly looking to consolidate his holding on the club if we go into administration? I think so.

So one "fact" that's actually not true and a load of opinions.

 

If Crouch has attracted investment on the condition Lowe is out (and hey, who am I to doubt that statement is accurate - it's never been said before in order to get people into power, after all :rolleyes: ), what is he waiting for?

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...but what you cant tell us is why we have no investment (or indeed have NEVER attracted investment under Lowe) and why the SISU deal was declined. MC however has told us that there is investment there but it will not come in whilst Lowe is here... I have no reason to doubt that.

 

Facts:

 

Lowe has NEVER attracted investment into SFC. Never ever, past - present or future [?].

According to MC, Crouch has attracted investment, if Lowe is out.

 

RL looking for investment? lol lol lol lol (rpt) Maybe. Chances of success? Little. Better off without him? You betcha. Possibly looking to consolidate his holding on the club if we go into administration? I think so.

MC has told you that there is investment if RL is not there. So why wasnt there any under her time in the last 2 decades? Why didnt it appear when RL had been deposed? Forget not that the Wilde bunch came in on the back of all the investors they had lined up.

The SISU deal as far as Im aware did not go ahead because they would not answer questions put to them by RL LC and MW.

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...

MC however has told us that there is investment there but it will not come in whilst Lowe is here... I have no reason to doubt that.

 

According to MC, Crouch has attracted investment, if Lowe is out.

 

 

Ample opportunity to put up, sadly, maybe for us all, never did and probably never will

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