offix Posted 2 April, 2009 Posted 2 April, 2009 What are the chances that Ru**rt and friends will try to buy Jackson Farm for pennies on the dollar from the administrator? The cynic in me believes that to e a really good chance.
1976_Child Posted 2 April, 2009 Posted 2 April, 2009 What are the chances that Ru**rt and friends will try to buy Jackson Farm for pennies on the dollar from the administrator? The cynic in me believes that to e a really good chance. not sure the administrator will accept dollars.
OldNick Posted 2 April, 2009 Posted 2 April, 2009 it will be sold to the highest bidder, it is hardly a secret.We have a few builders developers connected with the club and they are not all mates.It hasnt at present got massive value anyway has it?
Barfy Posted 2 April, 2009 Posted 2 April, 2009 As with all assets of SLH, if Lowe wants to buy them he'll have to bid like everyone else. If it comes down to asset stripping, the administrators have to get top dollar on behalf of the creditors.
1976_Child Posted 2 April, 2009 Posted 2 April, 2009 As with all assets of SLH, if Lowe wants to buy them he'll have to bid like everyone else. If it comes down to asset stripping, the administrators have to get top dollar on behalf of the creditors. top pound
Doctoroncall Posted 2 April, 2009 Posted 2 April, 2009 Hopefully a fan will buy it and give it back to the club so that when it does maximise it's value, the club will benefit as first intended... but I'm not holding my breathe on it!
Barfy Posted 2 April, 2009 Posted 2 April, 2009 top pound Bugger, I'm getting all confused with this global economy of ours
Window Cleaner Posted 2 April, 2009 Posted 2 April, 2009 Whatever happened to the "oil under Jackson's Farm" theory. Boy was that a good un.Never in the history of forum posting have so many people learned so much about oil and gas exploitation from so few.
Barfy Posted 2 April, 2009 Posted 2 April, 2009 Whatever happened to the "oil under Jackson's Farm" theory. Boy was that a good un.Never in the history of forum posting have so many people learned so much about oil and gas exploitation from so few. A certain Simpsons episode springs to mind here. If it were true, I imagine 'Lowe's slant drilling Co.' to appear very rapidly
bridge too far Posted 2 April, 2009 Posted 2 April, 2009 Whatever happened to the "oil under Jackson's Farm" theory. Boy was that a good un.Never in the history of forum posting have so many people learned so much about oil and gas exploitation from so few. Oh I think we've all learned a huge amount about all sorts of things we would never have otherwise bothered our pretty little heads about: oil gas hedge funds administration pre-packs contamination planning permission stock market I've wasted two years of my life on all the shenanigans about takeovers etc. but boy, have I learned stuff
stevegrant Posted 2 April, 2009 Posted 2 April, 2009 What are the chances that Ru**rt and friends will try to buy Jackson Farm for pennies on the dollar from the administrator? The cynic in me believes that to e a really good chance. If he offers more money than anyone else then yes, he does stand a good chance of buying Jackson's Farm. It'll be a number of years before anything can/will happen on that site, so it would require someone with the ready funds to buy it now but with the patience to wait 10 years+ to see a return. In the current economical climate, I can't imagine there are many people who fit that description, and I certainly wouldn't put Lowe in that bracket.
SW11_Saint Posted 2 April, 2009 Posted 2 April, 2009 What are the chances that Ru**rt and friends will try to buy Jackson Farm for pennies on the dollar from the administrator? The cynic in me believes that to e a really good chance. Won't it just be sold off by the administrators to pay off our creditors?
Whitey Grandad Posted 2 April, 2009 Posted 2 April, 2009 Whatever happened to the "oil under Jackson's Farm" theory. Boy was that a good un.Never in the history of forum posting have so many people learned so much about oil and gas exploitation from so few. All oil and mineral rights belong to the state.
Window Cleaner Posted 2 April, 2009 Posted 2 April, 2009 If he offers more money than anyone else then yes, he does stand a good chance of buying Jackson's Farm. It'll be a number of years before anything can/will happen on that site, so it would require someone with the ready funds to buy it now but with the patience to wait 10 years+ to see a return. In the current economical climate, I can't imagine there are many people who fit that description, and I certainly wouldn't put Lowe in that bracket. And has the Bovis option expired yet?? Or was that deal made in 1989 when we were only SFC Ltd nul and void with the administration of the PLC. Now JF was originally owned by the FC Ltd, at some time it must have been transferred to the PLC I suppose as they're said to own it, how could that be when Bovis have first crack at it until April 2009?.
Window Cleaner Posted 2 April, 2009 Posted 2 April, 2009 All oil and mineral rights belong to the state. Yes but you have to pay the owner of the land to exploit the concession you buy from the state.
krissyboy31 Posted 2 April, 2009 Posted 2 April, 2009 I couldn't care two hoots TBH, just as long as Saints survive and then flourish under new ownership and he has nothing more to do with us.
Whitey Grandad Posted 2 April, 2009 Posted 2 April, 2009 Yes but you have to pay the owner of the land to exploit the concession you buy from the state. It doesn't amount to much.
bridge too far Posted 2 April, 2009 Posted 2 April, 2009 (edited) And has the Bovis option expired yet?? Or was that deal made in 1989 when we were only SFC Ltd nul and void with the administration of the PLC. Now JF was originally owned by the FC Ltd, at some time it must have been transferred to the PLC I suppose as they're said to own it, how could that be when Bovis have first crack at it until April 2009?. IIRC the option expires EARLY this month. Edited 2 April, 2009 by bridge too far just seen you know it's April too
Shroppie Posted 2 April, 2009 Posted 2 April, 2009 What are the chances that Ru**rt and friends will try to buy Jackson Farm for pennies on the dollar from the administrator? The cynic in me believes that to e a really good chance. More to the point, what's the chance of him buying the football club?
a1ex2001 Posted 2 April, 2009 Posted 2 April, 2009 More to the point, what's the chance of him buying the football club? Exactly, there are only three assets we should be interested in the Football Club, The Stadium and Staplewood in that order with the club being a massive priority. I couldn't care less who make money out of some farm I'm a footy fan not a property developer fan.
Jillyanne Posted 2 April, 2009 Posted 2 April, 2009 Does Michael stay there, if so, I am off there tomorrow.
pilsburydoughboy Posted 2 April, 2009 Posted 2 April, 2009 Reading between the lines we will not be in administration for long. Barclays refused any more over draft to force Rupert and his cronies out as the club would be a more attractive deal without the current board. Happy days are just over the hill.
pilsburydoughboy Posted 2 April, 2009 Posted 2 April, 2009 where is jacksons farm? Tucked behind the petting zoo in never land.
Smirking_Saint Posted 2 April, 2009 Posted 2 April, 2009 where is jacksons farm? Between hedge end and horton heath, coming from hedge end it will be on your right hand side. Think it is bubbs lane, pretty large area to.
Saint Fan CaM Posted 3 April, 2009 Posted 3 April, 2009 Ah, I wonder whether Rupes and Mike the slug will be coming back for more than Jacksons Farm. What about SMS itself? It's propery afterall and they're both into that kinda thing. Perhaps Lowe wants to re-develop SMS as retirement homes in a bizarre 'reverse take-over' type affair!!! LOL
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