Ian the Red Posted 7 April, 2009 Posted 7 April, 2009 League delay decision until club finances look at by their lawyers, could have been worse........ http://www.thisishampshire.net/sport/4273401.Football_League_delays_Saints_decision/
VectisSaint Posted 7 April, 2009 Posted 7 April, 2009 League delay decision until club finances look at by their lawyers, could have been worse........ http://www.thisishampshire.net/sport/4273401.Football_League_delays_Saints_decision/ Good news in my opinion. Clear that the Football League have serious doubts that they could make a points deduction stick and want to be absolutely sure before they take any action. If there was no doubt, they would have acted today, for sure.
OttawaSaint Posted 7 April, 2009 Posted 7 April, 2009 We will be deducted points, they are just figuring out a loophole so that they can do it. Had it been a "big club" they would find a way not to. A bit like all the ****e we had to go through to get pahars and then they grant work permits for loan players to Chelsea and Arsenal and Liverpool even though at the time it was against the rules. They make their own rules to suit their agenda...
Ohio Saint Posted 7 April, 2009 Posted 7 April, 2009 I'm just hoping that our situation is complicated enough for them to just say "Screw it, it's too much trouble. We will just use the Derby decision as a precedent and wash our hands of this"
Weston Super Saint Posted 7 April, 2009 Posted 7 April, 2009 Good news in my opinion. Clear that the Football League have serious doubts that they could make a points deduction stick and want to be absolutely sure before they take any action. If there was no doubt, they would have acted today, for sure. Knowing the FA they are trying to find a way to give us a 20 point penalty for the next 4 seasons....
trousers Posted 7 April, 2009 Posted 7 April, 2009 Shouldn't even be an issue, yet they're hardly helping by unsettling everything. If they'd come out immediately and said no points deductions I'm positive we'd have performed better on saturday. Here's hoping we perform better on Friday than Saturday....
dubai_phil Posted 7 April, 2009 Posted 7 April, 2009 Here's hoping we perform better on Friday than Saturday.... Did someone say Friday is the new Saturday?
OldNick Posted 7 April, 2009 Posted 7 April, 2009 Good news in my opinion. Clear that the Football League have serious doubts that they could make a points deduction stick and want to be absolutely sure before they take any action. If there was no doubt, they would have acted today, for sure.A few words in the ears of referees and there will be no problem for them anyway. Its a dirty business, they only have to casually infer their displeasure and the refs will be against us.
trousers Posted 7 April, 2009 Posted 7 April, 2009 A few words in the ears of referees and there will be no problem for them anyway. Its a dirty business, they only have to casually infer their displeasure and the refs will be against us. There's a Mr McLaughlin running one of the touchlines tonight at Watford....nah, can't be....
OldNick Posted 7 April, 2009 Posted 7 April, 2009 There's a Mr McLaughlin running one of the touchlines tonight at Watford....nah, can't be.... Delia Smith is running the other line and Billy Davies is the referee
these things take time Posted 7 April, 2009 Posted 7 April, 2009 Bad news imo, will be very difficult trying to find a buyer willing to part with serious cash, for a club that may be in the chamionship next year or on -10 in league 1. And don't we have to find a buyer in 3 weeks? Also, won't help the players focus on the task at hand.
SaintRichmond Posted 7 April, 2009 Posted 7 April, 2009 League delay decision until club finances look at by their lawyers, could have been worse........ http://www.thisishampshire.net/sport/4273401.Football_League_delays_Saints_decision/ Could it ??? ...... Make no mistake, the League ARE going to impose a Ten point penalty, but are being very crafty If they imposed it NOW, we would virtually know we are in Div 1 next year, and our last six matches would be little more than kick abouts from our point of view So The League have called for an enwuiry ...... to buy time By the time that the enquiry is over, we will know, from our results on the pitch, whether we can escape the drop ...... BUT If we DID escape the drop, the League would rule in favour of a 10 point penalty .... thus Relegating us If we do NOT escape the drop, then we start at minus 10 points in Div 1 Either way, the League will enforce it's Law, the penalty for going into Admin CANNOT be avoided WELL THOUGHT OUT MR LOWE
lordswoodsaints Posted 7 April, 2009 Posted 7 April, 2009 the football league are in a no win situation,imo we have a watertight case for not getting the 10 point deduction,if it went to court we would get a result but the league would then be inundated with legal action from the likes of leeds,bornemouth etc etc.
OldNick Posted 7 April, 2009 Posted 7 April, 2009 Bad news imo, will be very difficult trying to find a buyer willing to part with serious cash, for a club that may be in the chamionship next year or on -10 in league 1. And don't we have to find a buyer in 3 weeks? Also, won't help the players focus on the task at hand.A serious buyer will surely factor in that we are a L1 side and offer accordingly
martel Posted 7 April, 2009 Posted 7 April, 2009 Good news in my opinion. Clear that the Football League have serious doubts that they could make a points deduction stick and want to be absolutely sure before they take any action. If there was no doubt, they would have acted today, for sure. My view is it is just a stay of execution, I would put good money on the Football league meeting today that they want to give us the ten point deduction. That is why they have gone to the lawyers to ensure that they can, and that they would be sure to win any appeal; their mind is made up, you can be sure of that.
trousers Posted 7 April, 2009 Posted 7 April, 2009 A serious buyer will surely factor in that we are a L1 side and offer accordingly Agree. I can't believe the Administrator will entertain any offers that assume we're staying in the CCC...?
John B Posted 7 April, 2009 Posted 7 April, 2009 My view is it is just a stay of execution, I would put good money on the Football league meeting today that they want to give us the ten point deduction. That is why they have gone to the lawyers to ensure that they can, and that they would be sure to win any appeal; their mind is made up, you can be sure of that. The League are against Clubs spending money they dont have to get an unfair advantage like Crouch probably did with Davies and then going into administration. that is why the points penalty was introduced. But of course there are other examples like paying large wages for John and Euell when it was impossible to pay them from income received. However if Crouch paid out of his own pocket that is a different matter Morally I think we should lose 10 points but legally that may not be the case. If SLH had other revenue streams I think we maybe OK but it is SFC which has caused the SLH to go into administration.
Saint Bri Posted 7 April, 2009 Posted 7 April, 2009 Perhaps the league are taking into account that A. Salz could become involved with Saints and they would not want to go to court opposed by one one the best legal brains in the country
SaintRichmond Posted 7 April, 2009 Posted 7 April, 2009 the football league are in a no win situation,imo we have a watertight case for not getting the 10 point deduction,if it went to court we would get a result but the league would then be inundated with legal action from the likes of leeds,bornemouth etc etc. If we had a "watertight" case as you put it, Leeds, Bournemouth etc would not have a case ......... DERBY is the example that Saints are hoping to follow ...... but I honestly believe that the League will impose the 10 points, whichever way you cut it, it will be Div 1 next season What will be very bad IMHO, is for Saints to NOT end up in the bottom three, THEN the League to announce the penalty ......... will they be as Heartless as that ?????
grammy Posted 7 April, 2009 Posted 7 April, 2009 League delay decision until club finances look at by their lawyers, could have been worse........ http://www.thisishampshire.net/sport/4273401.Football_League_delays_Saints_decision/ The Football league have had best part of a week for their lawyers to look into this so why call a completely ****ing pointless meeting today before this has been done. They should have studied the rule book / consulted their lawyers and sorted this before any meeting was announced. Just another day of **** and more grey hairs for us long sufferin fans!
lettuce Posted 7 April, 2009 Posted 7 April, 2009 Could someone explain what the difference is between our current predicament, and the situation Derby County went through when they avoided the 10 point penalty? Are the 2 scenarios entirely different, or could it be the precedent has already been set?
Window Cleaner Posted 7 April, 2009 Posted 7 April, 2009 Could someone explain what the difference is between our current predicament, and the situation Derby County went through when they avoided the 10 point penalty? Are the 2 scenarios entirely different, or could it be the precedent has already been set? The 10 point penalty wasn't actually in force when Derby went under, or at least I think it wasn't.
solentstars Posted 7 April, 2009 Posted 7 April, 2009 the league are just buying time and hope the pressure from the likes of forest,plymouth barnsley etc subsides,if we were going to get the ten points deduction they would have did it today,i think the league know the legal position allready.
Rational Rich Posted 7 April, 2009 Posted 7 April, 2009 Agree. I can't believe the Administrator will entertain any offers that assume we're staying in the CCC...? Could have a conditional offer where they pay £x now and then a further £y if we stay in the CCC.
Smirking_Saint Posted 7 April, 2009 Posted 7 April, 2009 I honestly think that this is a positive sign, i think they would have acted if they could have, what with all that has been rumbling on and being said from other clubs, the fact that they have not i believe they are attempting to find ways to act conclusively. Both to act fairly and to ensure they don't get taken to court by us and/or the other clubs.
Burnsie Posted 7 April, 2009 Posted 7 April, 2009 We will be deducted points, they are just figuring out a loophole so that they can do it. Had it been a "big club" they would find a way not to. A bit like all the ****e we had to go through to get pahars and then they grant work permits for loan players to Chelsea and Arsenal and Liverpool even though at the time it was against the rules. They make their own rules to suit their agenda... Grow up, There's scarcely a bigger club in the Football League that Southampton.
hypochondriac Posted 7 April, 2009 Posted 7 April, 2009 Grow up, There's scarcely a bigger club in the Football League that Southampton. I can think of maybe three? We are a big club in the footballeague.
Window Cleaner Posted 7 April, 2009 Posted 7 April, 2009 I honestly think that this is a positive sign, i think they would have acted if they could have, what with all that has been rumbling on and being said from other clubs, the fact that they have not i believe they are attempting to find ways to act conclusively. Both to act fairly and to ensure they don't get taken to court by us and/or the other clubs. It isn't a positive sign, they're hoping that our situation will be resolved on the pitch or that we will run out of money and not pay some more outstanding debts before they decide.We owe Notts County money, we may owe other clubs money, if we don't get enough into the kitty from the remaining home games we won't be able to pay the players and they'll have finite proof that the club is insolvent.Procrastination is the thief of 10 points. We got some money in on Saturday. Maybe 160K, our monthly wage bill is probably 3 times that, plus we owe Notts C about 125K.They're just giving us rope to hang ourselves with
hypochondriac Posted 7 April, 2009 Posted 7 April, 2009 It isn't a positive sign, they're hoping that our situation will be resolved on the pitch or that we will run out of money and not pay some more outstanding debts before they decide.We owe Notts County money, we may owe other clubs money, if we don't get enough into the kitty from the remaining home games we won't be able to pay the players and they'll have finite proof that the club is insolvent.Procrastination is the thief of 10 points. We got some money in on Saturday. Maybe 160K, our monthly wage bill is probably 3 times that, plus we owe Notts C about 125K.They're just giving us rope to hang ourselves with It is a positive sign because the alternative would be the ten points now.
saintsmike25 Posted 7 April, 2009 Posted 7 April, 2009 We could ask for some of the installments on the Bale and Walcott transfers upfront if they haven't been paid already if the club might cease to not exist there's no point in those clubs paying them later. And it doesn't surprise me at all half of our fans don't know HOW bad the state of our finances actually are, and the loophole we've used to get ourselves out of a points deduction. Personally they'll wait until a buyer comes in even if we stay up I think we'll get a points deduction that will affect us next season.
St Paul Posted 7 April, 2009 Posted 7 April, 2009 If we exit admin without a CVA then the League can impose any penalty they want in return for our golden share. There is nothing to stop the League adding 10 points to the 15 Leeds got, and there's nothing we can do about it (they added 2 to AFCB) as you have to sign away the right of appeal to receive the share, basically to play in the League without a CVA, you have to accept their terms.
Smirking_Saint Posted 7 April, 2009 Posted 7 April, 2009 We could ask for some of the installments on the Bale and Walcott transfers upfront if they haven't been paid already if the club might cease to not exist there's no point in those clubs paying them later. And it doesn't surprise me at all half of our fans don't know HOW bad the state of our finances actually are, and the loophole we've used to get ourselves out of a points deduction. Personally they'll wait until a buyer comes in even if we stay up I think we'll get a points deduction that will affect us next season. I believe we have already had early settlements.
RobM Posted 7 April, 2009 Posted 7 April, 2009 Didn't we miss the deadline for points to be deducted this season? So any deduction will be applied next season? Thus making it largely irrelevant to our attempts to stay up this season.
VectisSaint Posted 7 April, 2009 Posted 7 April, 2009 Knowing the FA they are trying to find a way to give us a 20 point penalty for the next 4 seasons.... Maybe the FA would, but as its the Football League, maybe they will act differently
VectisSaint Posted 7 April, 2009 Posted 7 April, 2009 Knowing the FA they are trying to find a way to give us a 20 point penalty for the next 4 seasons.... If we had a "watertight" case as you put it, Leeds, Bournemouth etc would not have a case ......... DERBY is the example that Saints are hoping to follow ...... but I honestly believe that the League will impose the 10 points, whichever way you cut it, it will be Div 1 next season What will be very bad IMHO, is for Saints to NOT end up in the bottom three, THEN the League to announce the penalty ......... will they be as Heartless as that ????? We'll probably never know
Window Cleaner Posted 7 April, 2009 Posted 7 April, 2009 Didn't we miss the deadline for points to be deducted this season? So any deduction will be applied next season? Thus making it largely irrelevant to our attempts to stay up this season. No if we should stay up and we are liable to a 10 point deduction it would be applied this season. If we go down anyway it would be for next season. Anyway I think you will find when all's said and done that we will start next season in League 1 on 0 points the same as everybody else.There will be protests from League 1 sides but there will be no drawn out actions in justice. Anyone know the odds on this with the bookies, it will happen, mark my words.
Rational Rich Posted 7 April, 2009 Posted 7 April, 2009 If we exit admin without a CVA then the League can impose any penalty they want in return for our golden share. There is nothing to stop the League adding 10 points to the 15 Leeds got, and there's nothing we can do about it (they added 2 to AFCB) as you have to sign away the right of appeal to receive the share, basically to play in the League without a CVA, you have to accept their terms. BUt the key thing is, if the football club doesn't go into administration, it doesn't need to exit anything. So the CVA point is irrelevant. This is why the point is so crucial For what it's worth, I see this as a massive arse covering exercise by the Football League. As it stands they have nothing on us, otherwise they would have just deducted the points. By doing this, they can say to the other league clubs that they've done everything possible but that no rule has been broken. Also, the administrator's response on the OS was very bullish. I reckon the report will say: SLH and SFC are different legal entities (which they are). Whilst the PLC submits consolidated accounts (as every parent co has to by law) the companies submit separate accounts to Companies House (again as required by law) and that the PLC has other assets than its shares in SFCL. SFC is not in any form of insolvency proceedings and so cannot be deducted points.
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