Lowe resigning tomorrow

[thorpie the sinner]

Not unless a 'deal' was done prior to todays announcement (remembering that we have NOT YET entered administration). :smt017

 

if we have done a deal with LC who patently hasn't got any money then we are doomed!

[ALWAYS_SFC]

apologies if this is elsewhere but only have few mins and not time to go through other threads;

 

understanding is at 10.00 tomorrow plc will go into administration and Lowe will resign.

There is a target of 21 (think it was maybe 25) days for investment and 2 interested parties.

 

Football League will meet on Tuesday to decide whether we do in fact escape points deduction.

 

Again, sorry if already on here. or infact inaccurrate but no reason not to believe them as 100% right in past on these issues

 

 

Great news....

[John B]

What I don't understand is why is crouch even being talked about! If we go into admin, he has no shares and no role does he????

 

He seemed to have £2million burning a whole in his pocket that is all

 

 

And when interviewed by the Echo said nothing

[benjii]

If Lowe's original plan to put Hoddle in as mamager in 2004 had been allowed to happen we would still be a premier team !

 

 

You're a mentalist.

[beatlesaint]

if we have done a deal with LC who patently hasn't got any money then we are doomed!

 

I would check your facts before making a ridiculous statement like that.

I think you will find he is worth more than Mr Ego and his little friend put together.

[AwaySaint1]

He seemed to have £2million burning a whole in his pocket that is all

 

 

And when interviewed by the Echo said nothing

 

Maybe it was shares in SLH to the value of 2 million pound,so if he cashes them in they are now worth

 

 

oooops!!!

[SOTONS EAST SIDE]

Roswell,

 

I don't know anything like the full picture. I only know a very small part of the picture at any time.

 

That is why I do not wish to impart much information on this board and be ridiculed when it does not become fact because of an issue I knew nothing about.

 

I would much rather impart my information to someone like Duncan who is more in tune with the overall picture.

 

Hope that clarifies things

 

Regards

 

 

Morph

 

Is it true, Wildes Merlion co is trying to be first in line to buy Jacksons farm and SR's property portfolio from the adminstrator!

[thorpie the sinner]

I would check your facts before making a ridiculous statement like that.

I think you will find he is worth more than Mr Ego and his little friend put together.

 

and he will put nothing into the club! he might as well set fire to his own money! of course if he has powerful friends......but there again he had that chance before didn't he?

[Weston Super Saint]

Is it true, Wildes Merlion co is trying to be first in line to buy Jacksons farm from the adminstrator!

 

Shouldn't they publish their accounts first

[Kaiser Soze]

Will he go for good??

 

He is like a cancer and I suspect one day he will be back.

[krissyboy31]

and he will put nothing into the club! he might as well set fire to his own money! of course if he has powerful friends......but there again he had that chance before didn't he?

 

But presumably instead of putting in money to prop up an ailing PLC, any deal now would be just for the FC and therefore any injection of cash would go directly into the football operations?

[SOTONS EAST SIDE]

Shouldn't they publish their accounts first

Aaahh! sorry, the Jersey registered section!

[Viking Warrior]

I don't want crouch back at the club either

 

Like duncan I want a clean sweep but its interesting some of those close to the crouch camp are now rearing their heads. Me suspects crouch is involved

we re purchasing the club. I hope not if we do then we will be moving from one crisis to another.

 

Oh I see Good old Dave Merrington spouting off. What ever did happen to

his consortium and fulthorpes?

 

Oh if its true that lowe is resigning tomorrow, then the really good news for us fans and the club.

 

At the end of the day we are still in a bloody mess and it will be sometime before the spirit of southampton returns to the club.

[thorpie the sinner]

But presumably instead of putting in money to prop up an ailing PLC, any deal now would be just for the FC and therefore any injection of cash would go directly into the football operations?

 

maybe! i am just bamboozled by the ramifications tonight!! either way it looks bleak, just think we need a clean break!

[EFM]

Why haven't you mentioned this sooner?

 

Huge lol Ponty :-)

 

He's had 891 previous posts to raise this point and only NOW he brings it up?

[CB Fry]

I think this is actually quite well timed, if these things can be, which of course they can't.

 

Lowe going will galvanise the fans if nothing else - any doubts or fears the players have will allayed on Saturday by the fans getting their club back (excuse that dread phrase) from that man.

 

It should be a cracking atmosphere on Saturday - a bit of siege mentality and pure support.

 

And I think we are allowed to hope, just for now: someone will save us, and we will love them for it.

 

Come on!!

[thorpie the sinner]

I think this is actually quite well timed, if these things can be, which of course they can't.

 

Lowe going will galvanise the fans if nothing else - any doubts or fears the players have will allayed on Saturday by the fans getting their club back (excuse that dread phrase) from that man.

 

It should be a cracking atmosphere on Saturday - a bit of siege mentality and pure support.

 

And, I think we are allowed to hope, just for now: someone will save us, and we will love them for it.

 

Come on!!

 

I keep hoping!!

[SOTONS EAST SIDE]

I don't want crouch back at the club either

 

Like duncan I want a clean sweep but its interesting some of those close to the crouch camp are now rearing their heads. Me suspects crouch is involved

we re purchasing the club. I hope not if we do then we will be moving from one crisis to another.

 

Oh I see Good old Dave Merrington spouting off. What ever did happen to

his consortium and fulthorpes?

 

Oh if its true that lowe is resigning tomorrow, then the really good news for us fans and the club.

 

At the end of the day we are still in a bloody mess and it will be sometime before the spirit of southampton returns to the club.

The problems i see are, what are classed as SFC's assests (training ground,players) and what are classed as SLH assets. We could be just left with the name SFC and the players and nothing else!

[Ponty]

I think this is actually quite well timed, if these things can be, which of course they can't.

 

Lowe going will galvanise the fans if nothing else - any doubts or fears the players have will allayed on Saturday by the fans getting their club back (excuse that dread phrase) from that man.

 

It should be a cracking atmosphere on Saturday - a bit of siege mentality and pure support.

 

And I think we are allowed to hope, just for now: someone will save us, and we will love them for it.

 

Come on!!

This is my favourite sentence of the day

 

I agree wholeheartedly with the rest of your post btw.

[manji]

Lowe going fine.........but any mickey mouse "consortium" involving Crouch , McMoneybags,Merrington or any lightweights like that would only make things even worse.

[swannymere]

If Rupes does quit then we'll have a full house Saturday:D I mean all those people who said they wouldn't go whilst Rupes was in charge wouldn't go back on their word, would they?

[thorpie the sinner]

Lowe going fine.........but any mickey mouse "consortium" involving Crouch , McMoneybags,Merrington or any lightweights like that would only make things even worse.

 

deckchairs time!!

[Plumstead_Saint]

This is my favourite sentence of the day

So you like meaningless drivel and contradictions in terms then?

How about "fresh frozen" or "military intelligence"?

I hope he is right about the rest though.

[SOTONS EAST SIDE]

So you like meaningless drivel and contradictions in terms then?

How about "fresh frozen" or "military intelligence"?

I hope he is right about the rest though.

You forgot "shone dimley"

[Ponty]

So you like meaningless drivel and contradictions in terms then?

How about "fresh frozen" or "military intelligence"?

I hope he is right about the rest though.

It was like an argument with himself in one line. I wasn't saying I liked it for its clarity and depth...

[SP Saint]

I don't know for sure but I don't think we have seen the last of LC is as far as I will go! He is not the sort of man to go quietly. Is that a good thing? Perhaps but total unity will only come with a complete sweep. Leon did little wrong compared to MW and RL but there were elements of his tenure that didn't sit comfortably with me.

 

I don't know why Morph feels the need to use this forum to tell the world that he's PM'd and subsequently emailed you with an update. I can only assume that Anthony Salz and Gavyn Davies want us all to know that they are in the market.

 

Perhaps you can comment on this Duncan?

[thorpie the sinner]

If Rupes does quit then we'll have a full house Saturday:D I mean all those people who said they wouldn't go whilst Rupes was in charge wouldn't go back on their word, would they?

 

unless we go into admin tomorrow and league ctaegorically state that we are being deducted 25 points for impudence!!! That might dampen spirits a bit!!

[aintforever]

Does anyone have an explanation of the timing of this?

 

Why have we risked starting next season on -10 when if it was anounced last wednesday we could have taken the hit this season. It doesn't add up.

[thorpie the sinner]

Does anyone have an explanation of the timing of this?

 

Why have we risked starting next season on -10 when if it was anounced last wednesday we could have taken the hit this season. It doesn't add up.

 

think we are basically all in the dark, thats why I keep hoping!!

[SOTONS EAST SIDE]

Does anyone have an explanation of the timing of this?

 

Why have we risked starting next season on -10 when if it was anounced last wednesday we could have taken the hit this season. It doesn't add up.

You didnt expect Lowe/Wilde to walk away, without a final "up yours" to us all!

[krissyboy31]

Does anyone have an explanation of the timing of this?

 

Why have we risked starting next season on -10 when if it was anounced last wednesday we could have taken the hit this season. It doesn't add up.

 

Shares were suspended today because we failed to submit our half yearly results to the LSE/AIM by the deadline (which was yesterday).

[aintforever]

You didnt expect Lowe/Wilde to walk away, without a final "up yours" to us all!

 

Unfortunately that is the only reason I can think of, that or Lowe is using the threat of administration and starting next season on -10 as leverage in some deal.

[docker-p]

Lowe going fine.........but any mickey mouse "consortium" involving Crouch , McMoneybags,Merrington or any lightweights like that would only make things even worse.

 

That would be a consortium led by someone with a damn sight more money than RL and a genuine Saints fan to boot; the man who gave us our greatest day and established us a top flight team; and a man with genuine integrity?

[CB Fry]

So you like meaningless drivel and contradictions in terms then?

How about "fresh frozen" or "military intelligence"?

I hope he is right about the rest though.

 

Harsh. See below for the York notes study guide GCSE explanation of my first line*.

 

It was like an argument with himself in one line. I wasn't saying I liked it for its clarity and depth...

 

I'm glad you liked it, at whatever level!

 

 

*The point I was trying to distill was if we have to go through this turmoil, doing it before the Charlton home game and the Watford game in hand is as good a time as I could think of, because at best, it will galvanise us. On the other hand, going through this kind of thing is obviously rubbish. Hope that helps.

[aintforever]

Shares were suspended today because we failed to submit our half yearly results to the LSE/AIM by the deadline (which was yesterday).

 

That's no reason for the timing, Lowe would have known the deadlines and what they would mean. Admin could easily have been announced before the deadline.

[Ponty]

I think there's a bit more information to come yet, aintforever.

[krissyboy31]

That's no reason for the timing, Lowe would have known the deadlines and what they would mean. Admin could easily have been announced before the deadline.

 

I could have been but that would have meant Lowe admitting defeat.

[Plumstead_Saint]

Harsh. See below for the York notes study guide GCSE explanation of my first line*.

 

 

 

I'm glad you liked it, at whatever level!

 

 

*The point I was trying to distill was if we have to go through this turmoil, doing it before the Charlton home game and the Watford game in hand is as good a time as I could think of, because at best, it will galvanise us. On the other hand, going through this kind of thing is obviously rubbish. Hope that helps.

Ah!

I see.

I'd agree with that.

In less than 12 hours we'll be a bit the wiser I hope.

[thorpie the sinner]

So what do we think tomorrow will hold?

[aintforever]

I don't believe we will be put in admin, it makes no sense to do it 5 days after the cut off point.

 

I expect we are being fed the threat of admin just to make it easier to stomach when Lowe/Wilde buy SFC from the holding company.

[um pahars]

That would be a consortium led by someone with a damn sight more money than RL and a genuine Saints fan to boot; the man who gave us our greatest day and established us a top flight team; and a man with genuine integrity?

 

I'm sure none of them are perfect, and I'm sure they have probably all made their fair share of bloopers, mistakes and poor decisions, but when held up against Lowe's record, then I have to say their failings pale in to insignificance when comparedto his record of poor decisions over recent years.

 

You won't get any semblence of balance or rational thinking from Manji on this subject though.

[NickG]

in meeting tomorrow so want be able to get to computer to update or read news, wonder where we will be by tea time?

[paris]

I thought Lowe is resigning tomorrow ,now i'm confused still i have a nice distraction at work tomorrow...

 

I don't believe we will be put in admin, it makes no sense to do it 5 days after the cut off point.

 

I expect we are being fed the threat of admin just to make it easier to stomach when Lowe/Wilde buy SFC from the holding company.

[Tamesaint]

I wonder if that bloke who wrote the letter to Rupes which he read out at the AGM still thinks that Rupes did a good job!! It would be nice to hear from him!!

[sotonjoe]

meridian just reported that SLH will go into adming tomorrow and that FA have 'confirmed' SFC will not be decuted points this season orr next. Saints will still obviously need to find a buyer if they are to avoid bankruptcy. Their rhetoric seemed certain but there's nothing to prove them correct at this stage.

[SaintRobbie]

apologies if this is elsewhere but only have few mins and not time to go through other threads;

 

understanding is at 10.00 tomorrow plc will go into administration and Lowe will resign.

 

There is a target of 21 (think it was maybe 25) days for investment and 2 interested parties.

 

Football League will meet on Tuesday to decide whether we do in fact escape points deduction.

 

Again, sorry if already on here. or infact inaccurrate but no reason not to believe them as 100% right in past on these issues

 

Every cloud...

[Psycrow]

I have to say, as much as I hope the club do get away without being deducted points, its really not very fair on all the clubs who have been deducted points for going into administration in the past just because there's a loophole surrounding the seperation of a holding company and the club.... Am I missing something blatently obvious that makes this fair?

[Greenridge]

I don't believe we will be put in admin, it makes no sense to do it 5 days after the cut off point.

 

I expect we are being fed the threat of admin just to make it easier to stomach when Lowe/Wilde buy SFC from the holding company.

 

Can you imagine the implications of that happening, I would think even the most ardent fans of those two would find that difficult to stomach. Something is up though as you say, the timing is 'intriguing' as will our popularity within the game if we escape the 10 point deduction through something that can only be considered a technicality. You would have to think the Board have taken some very knowledgeable advice on this matter to take the risk they can carry it off.

[up and away]

Originally Posted by Professor

With due respect to Fitzhugh Fella, this is the sort of observation that does tend to mislead people. Whatever Lowe may have done to incur debts over the SMS, there is little doubt that the current situation stems from the two years that Lowe was not on the board. We have seen massive cost cutting this year, so the current board are hardly to blame on that side of the account, but the performance of the team has resulted in falling gates and reducing income, which probably is a major factor. The dilemma for any board is how do you cut costs and improve the team at the same time. Its circle that is almost impossible to square, but you can dsee how they have tried by bringing in new players, but ones on lower wages. Lowe's hope was that the academy boys would come good, which some have, but not good enough, so if that judgement was at fault then he's paying the price, but what alternative was there for a club deep in debt?

You really are an ignorant person.

 

I can't be arsed to explain why, it would be pointless.

 

You mean nonexistant. If our undoing is to be administration, exactly what more could have been done this season to avoid it? Apart from following the stupid advice of keeping all the high earners, playing everyone to diminish the pot from the playing bonuses and get into administration far earlier? With all the money wasted over the previous two years exactly how could Lowe have influenced that? What we are seeing now has nothing to do with Lowe, but the mess that was accumulated.

[steadyeddie]

Yes let him Fade away & Radiate

 

Got it in clear vinyl..........somewhere.