34 Enquiries Received !!!

[magnet]

Now up to 34 enquiries received as of today according to Mark Fry.

 

Fry has met the first investor today, apparently they have serious financial backing and meeting went well :-)

[Matthew Le God]

Source?

[Mr X]

It will all amount to nothing it always does. Really hope im wrong

[Ponty]

If he maintains this rate of 1 meeting a day, we'll be history before he gets through them all. Come on Mark, try one in the morning and one in the afternoon.

[miserableoldgit]

Source?

Woman heading the admin company said this on Radio Hampshire 30mins ago

[Flyer]

I dont think thats a good thing, the do gooders with no funds will me wasting the time of the administrators but they have to hear what they have to say.

[JonnyLove]

If he maintains this rate of 1 meeting a day, we'll be history before he gets through them all. Come on Mark, try one in the morning and one in the afternoon.

 

It might be that they were the only people to prove funds go through the info and then arrange a meeting. Plus as it only happened last week some peoples diaries might be booked up so give them a bit of slack.

[miserableoldgit]

I dont think thats a good thing, the do gooders with no funds will me wasting the time of the administrators but they have to hear what they have to say.

I strongly suspect that the administrators are professional and experienced enough to be able to sort the wheat from the chaff.

[bridge too far]

I imagine they'll do a very high level review of the offers and then shortlist / interview perhaps 3 or 4 that they consider to be goers.

 

At that point, I imagine they'll do an in-depth analysis and due diligence.

[Smirking_Saint]

I hardly believe that if it goes past the deadline with the only reason being that there are too MANY enquiries they will turn around and say, oh well, sorry, there were too many of you and not enough time so i'm calling it a day.

[Mustapha Fag]

Joules, where did you get that from?

 

I got info from the accounts dept that they met two investors on saturday, seems to be some false rumours flying around here .................. again

[trousers]

34? 31? Is this bingo night again?

[Mustapha Fag]

ah, admin lady eh?

 

curioser and curioser

[Huffton]

I strongly suspect that the administrators are professional and experienced enough to be able to sort the wheat from the chaff.

 

Why let common sense and reasoned thought get in the way of a good old takeover thread?

[phillo]

Mark Fry just been on SSN confirming 34 enquiries and first meeting.

[Fitzhugh Fella]

I strongly suspect that the administrators are professional and experienced enough to be able to sort the wheat from the chaff.

 

 

Yea but their job is to get as much money for the creditors not choose who may be the best for the football club. The more consortiums there are the more we should be concerned.

Edited 8 April, 2009 by Fitzhugh Fella

[magnet]

Joules, where did you get that from?

 

I got info from the accounts dept that they met two investors on saturday, seems to be some false rumours flying around here .................. again

 

Mark Fry was interviewed on SSN 10 mins ago.

[thefuriousb]

Yea but their job is to get as much money for the creditors not choose who may be the best for the football club. The more consortiums there are the more we should be concerned.

 

Too many cooks now as opposed to co*ks?

[Katalinic]

Yea but their job is to get as much money for the creditors not choose who may be the best for the football club. The more consortiums there are the more we should be concerned.

 

FF that's the second post where you have alluded to this and that makes me uneasy given your inside track on many Saints related topics - I do agree, the biggest wallet is not necessarily in the best long terms interests of our club - at the moment I would just settle for Saints existing next season and preferably run by people who truly have the club at heart - it may not be the popularist view but I would rather the club is owned and run by someone with a perspective of our history and soul rather than by a faceless foreign billionaire who can chose to bale out as easily as they chose to become involved and without any regard for the long term future.

[Saint in Paradise]

If he maintains this rate of 1 meeting a day, we'll be history before he gets through them all. Come on Mark, try one in the morning and one in the afternoon.

 

.....

Edited 8 April, 2009 by Saint in Paradise
It wasn't perhaps the best comment after all by me

[John B]

Yea but their job is to get as much money for the creditors not choose who may be the best for the football club. The more consortiums there are the more we should be concerned.

 

Do you know who is paying for the administrators

[Window Cleaner]

Do you know who is paying for the administrators

 

whoever buys the assets of the PLC I guess.

[Chez]

If he maintains this rate of 1 meeting a day, we'll be history before he gets through them all. Come on Mark, try one in the morning and one in the afternoon.

 

paid by the hour, why rush?

[aintforever]

Yea but their job is to get as much money for the creditors not choose who may be the best for the football club. The more consortiums there are the more we should be concerned.

 

Of course there's a concern that whoever buys us might not be best for the club, but if the prefered people cannot afford to stump up enough cash I can't see how they can be that great.

 

If someone is buying us just to try and make a quick buck there is a ceiling to how much they will pay before it doesn't become worthwhile, anyone decent with the club at heart would be able to stump up more. If they cant then it's thanks but no thanks, hard cash is the most important thing.

[trousers]

paid by the hour, why rush?

 

That's been bugging the Conspiracy Theorists Society for days now.

 

What's stopping an Administrator excercising 'artistic licence' when it comes to the declaring the number of interested parties? Not that I'm suggesting for one second that the SLH administrators would contemplate this. Purely a hypothetical question.

 

Are Administrators audited?

 

Of course, exagerating the number of potential suitors could be a tactic all administrators deploy in order to keep the competition on their toes and get the best price....Where's Clapham Saint when you need him...?

 

Who knows?

[Amesbury Saint]

Has a detailed action plan been published

 

- expressions by interest by ?

- initial meetings by?

- sealed bids by ?

- shortlist of no more than 4

-discussion with shortlist

- knock out 2

- further dicussion by ?

- appoint preferred provider by ?

etc

[Legod Third Coming]

I strongly suspect that the administrators are professional and experienced enough to be able to sort the wheat from the chaff.

 

Given that successive boards, managers and scouts have been unable to...

[bridge too far]

Has a detailed action plan been published

 

- expressions by interest by ?

- initial meetings by?

- sealed bids by ?

- shortlist of no more than 4

-discussion with shortlist

- knock out 2

- further dicussion by ?

- appoint preferred provider by ?

etc

 

That's exactly the sort of programme I would hope to see

[Amesbury Saint]

That's exactly the sort of programme I would hope to see

 

perhaps we should express interest and see what gets sent to us.

[Window Cleaner]

Given that successive boards, managers and scouts have been unable to...

 

What's Begbies Traynor's record like. Are they state of the art or the least onerous option??

[Flyer]

I strongly suspect that the administrators are professional and experienced enough to be able to sort the wheat from the chaff.

 

Of course but it still takes time and when you have 34 parties, that is going to be a lot of time.

[Legod Third Coming]

What's Begbies Traynor's record like. Are they state of the art or the least onerous option??

 

Unitl last week, I'd never 'eard of 'em. You?

 

Mind you I'm baised as my brother in law is a top adminsitrator/receiver for Deloittes... He wasn't asked apparently.

[ottery st mary]

Unitl last week, I'd never 'eard of 'em. You?

 

Mind you I'm baised as my brother in law is a top adminsitrator/receiver for Deloittes... He wasn't asked apparently.

 

Are their any structures in place re who is asked.....ie this group are entirely independent of any individuals past or present at the club....Just my worry that selected investor will be on merit etc...

Excuse my lack of knowledge on this subject....Hoping there is no back door

boys clubs etc.

[Window Cleaner]

Unitl last week, I'd never 'eard of 'em. You?

 

Mind you I'm baised as my brother in law is a top adminsitrator/receiver for Deloittes... He wasn't asked apparently.

 

 

 

Baiser-colloquial french for f*ck.

Je suis baisé-I am f*cked.

[docker-p]

FF that's the second post where you have alluded to this and that makes me uneasy given your inside track on many Saints related topics - I do agree, the biggest wallet is not necessarily in the best long terms interests of our club - at the moment I would just settle for Saints existing next season and preferably run by people who truly have the club at heart - it may not be the popularist view but I would rather the club is owned and run by someone with a perspective of our history and soul rather than by a faceless foreign billionaire who can chose to bale out as easily as they chose to become involved and without any regard for the long term future.

 

I agree Katalinic. I would rather a local businessman/Saints fan who can steady our ship and help us grow organically rather than an Gaydmark (sp?) character who would just throw a few million in to be soaked up by agents and then clears off.

[Legod Third Coming]

Baiser-colloquial french for f*ck.

Je suis baisé-I am f*cked.

 

Precisely. La club est baiser. Je suis baisé...

[Legod Third Coming]

Are their any structures in place re who is asked.....ie this group are entirely independent of any individuals past or present at the club....Just my worry that selected investor will be on merit etc...

Excuse my lack of knowledge on this subject....Hoping there is no back door

boys clubs etc.

 

The bank appoints the administrator. Which is why administrators spend all their time entertaining banks.

[Window Cleaner]

Precisely. La club est baiser. Je suis baisé...

 

No, le club est baisé it's a past participle, if we were talking of a female gendered word like L'équipe (the team) it would become baisée.

[ottery st mary]

The bank appoints the administrator. Which is why administrators spend all their time entertaining banks.

 

Cheers..just paranoia on my part about peeps coming back to bite my bum;)

[Legod Third Coming]

No, le club est baisé it's a past participle, if we were talking of a female gendered word like L'équipe (the team) it would become baisée.

 

If you are French, go and find a war to lose.

[spyinthesky]

Just say the highest bid was from a certain Harold Redknapp and friends.

 

Would the supporters accept the situation??

[ottery st mary]

Just say the highest bid was from a certain Harold Redknapp and friends.

 

Would the supporters accept the situation??

 

Very interesting......His syndicate defenitely have the dosh.....For many years there were rumours he would come back and buy Bournemouth and the cherries.....He can have Saints for very little.....BBUT leave our paintings alone arry boy.

[Amesbury Saint]

Just say the highest bid was from a certain Harold Redknapp and friends.

 

Would the supporters accept the situation??

 

yes I would

[trousers]

The bank appoints the administrator. Which is why administrators spend all their time entertaining banks.

 

I thought that was the case too, but I read somewhere the other day that the "outgoing SLH board" actually did the appointing of the administrators. Will try and dig out the relevant quote.

[Legod Third Coming]

I thought that was the case too, but I read somewhere the other day that the "outgoing SLH board" did the actual engagement of the administrators. Will try and dig out the relevant quote.

 

Would be unusual for sure. It's the banks who normally appoint them. In my one nasty experience of it, the board brought in Deloitte to review the business to try to stave off admin (at huge expense), the company then breached its banking convenants and then Barclays appointed Grant Thornton as administrators at even more expense.

 

I know for a fact that my bil spends half his time entertaining bankers and he wouldn't do that for nowt - as he's a Yorskhireman!

[Pip]

He can have Saints for very little.....

 

But can he?

 

I think this is the point people are trying to make - the more bidders there are, the higher the price will go. The more that a consortium has to spend buying the club, the less they will have to spend on players.

[ottery st mary]

But can he?

 

I think this is the point people are trying to make - the more bidders there are, the higher the price will go. The more that a consortium has to spend buying the club, the less they will have to spend on players.

 

Totally agree with you....But he does own half of Sandbanks and allegedly many properties he rents out to African soccer players...That will buy The Saints and the Stadium....But he has many rich friends....But then again would they enter a bidding war..probably not. Thats why I have withdrawn my bid......They sent my tenner back in the post.

[Viking Warrior]

Its very comforting that 34 groups, consortia or individauls have intimated a bid for the club.

I know there is loads of speculating going on about who is involved.

but unlike the previous series of takeover rumours. this latest one could be the real deal. In so much as the real players are doing it with utmost decorum

 

If Leon is involved he is acting very professionally and in a dignified manner.

I think now that Rupes has had his say, we will now seeing him fading into the background with no more involvement with the club. I truly hope he has no intention of returning to the boardroom. He had his good points as well as his bad. But he actually does care about the club.

 

Talking about people fading into the background what happened to those esteemed posters Long Shot and Waterloo saint.

[Tamesaint]

One of the most encouraging things about this whole game is that there seem to be very few leaks ... so far. If 34 people are interested you would have thought that there would have been a leak or 2 by now. 2 years ago when "Paul Allen" was on the scene the old S4E website used to be clogged up with conjecture, ITK's and rumours. And look where that got us!!

 

No news may well be good news.

[trousers]

If 34 people are interested you would have thought that there would have been a leak or 2 by now. 2 years ago when "Paul Allen" was on the scene the old S4E website used to be clogged up with conjecture, ITK's and rumours. And look where that got us!!

 

 

Which reminds me of the unanswered question from the "It's Allen" era....why was no-one hauled over the coals by the appropriate authorities for artificially inflating the share price to 64p (or whatever it reached) in April/May 2007?

 

I believe people have 'proved' that the Allen connection was based on conjecture by 'a certain person' but if that was the case wouldn't the stock exchange have come down on them like a tonne of bricks?

 

Of course, that is one of many unanswered questions over the last two years....