alpine_saint Posted 13 April, 2009 Share Posted 13 April, 2009 Very interesting, Alpine. Where did you read this? I might want to use this fact in my next thread... There is a thread floating around here, at this time, that states Lowe & Cowen took 500K from the club, and Hone and co. took 600K out of the club. Link to comment Share on other sites More sharing options...
um pahars Posted 13 April, 2009 Share Posted 13 April, 2009 What exactly happens to the club if we are unable to fulfill our fixtures? We will have to resign from the Football League and will cease to exist (all our fixtures this season will be expunged). If we started up under a new guise then we would start somewhere further down the footballing pyramid. I think Wimbledon started again at Level 9 (we'd be in the Wessex League Premier playing Romsey & Lymington) and Aldershot started at Level 8 (we'd go into the Southern League Div S & W playing Winchester & Totton). Link to comment Share on other sites More sharing options...
saintwarwick Posted 13 April, 2009 Share Posted 13 April, 2009 What exactly happens to the club if we are unable to fulfill our fixtures? UP has answered your question but don't fear we will fulfill our fixtures. Notts County spent 18 months in administration some years back (2002-2003), now I don't think we will be given that amount of time but I am confident it will be sorted shortly and we will win our last three fixtures to stay in the championship Link to comment Share on other sites More sharing options...
Channon's Sideburns Posted 13 April, 2009 Share Posted 13 April, 2009 Interestingly in today's programme it states that the £1000 club includes the following... Leon, Tom Scott, Mike Richards, Guy Askham, The Gordon Family...and a couple of others... But no, Rupert Lowe, or Andrew Cowen....oh what a surprise. I've lambasted Askham a lot, and still firmly believe he should not have any future role with this club, but fair play to him for backing the club now. Link to comment Share on other sites More sharing options...
aintforever Posted 13 April, 2009 Share Posted 13 April, 2009 I don't get all this "keep going to the end of the season" ******, what exactly would Barclays of Aviva have to gain by making SFC die? Surely it's in their interests to keep us running? Link to comment Share on other sites More sharing options...
Morph Posted 13 April, 2009 Share Posted 13 April, 2009 Notts County spent 18 months in administration some years back (2002-2003), now I don't think we will be given that amount of time but I am confident it will be sorted shortly. I understand that the process may take longer than anticipated due to the number of bids. Not (IMHO) this time. Regards Morph Link to comment Share on other sites More sharing options...
Weston Saint Posted 13 April, 2009 Share Posted 13 April, 2009 I understand that the process may take longer than anticipated due to the number of bids. Not (IMHO) this time. Regards MorphThanks Morph, are they bids with proven funds or just form filling bids at this stage? Link to comment Share on other sites More sharing options...
Morph Posted 13 April, 2009 Share Posted 13 April, 2009 Thanks Morph, are they bids with proven funds or just form filling bids at this stage? Ron, I believe that a certain proven funds bid is due in shortly. I have updated Duncan by e-mail tonight. I've also been advised that "cross pollination" of bids will be encouraged by the Administrator to obtain the best deal for creditors. I'll leave that to others to find out what that means. Regards Morph Link to comment Share on other sites More sharing options...
buctootim Posted 13 April, 2009 Share Posted 13 April, 2009 I've also been advised that "cross pollination" of bids will be encouraged by the Administrator to obtain the best deal for creditors. I'll leave that to others to find out what that means. Regards Morph It means leaking a few snippets on a fans forum to encourage the others. Link to comment Share on other sites More sharing options...
Weston Saint Posted 13 April, 2009 Share Posted 13 April, 2009 Ron, I believe that a certain proven funds bid is due in shortly. I have updated Duncan by e-mail tonight. I've also been advised that "cross pollination" of bids will be encouraged by the Administrator to obtain the best deal for creditors. I'll leave that to others to find out what that means. Regards Morph Thanks Link to comment Share on other sites More sharing options...
Amesbury Saint Posted 13 April, 2009 Share Posted 13 April, 2009 I've also been advised that "cross pollination" of bids will be encouraged by the Administrator to obtain the best deal for creditors. I assume that means getting some of the consortiums to work togther rather than bidding against each other. Link to comment Share on other sites More sharing options...
stthrobber Posted 13 April, 2009 Share Posted 13 April, 2009 We will have to resign from the Football League and will cease to exist (all our fixtures this season will be expunged). If we started up under a new guise then we would start somewhere further down the footballing pyramid. I think Wimbledon started again at Level 9 (we'd be in the Wessex League Premier playing Romsey & Lymington) and Aldershot started at Level 8 (we'd go into the Southern League Div S & W playing Winchester & Totton). I seem to remember some lower division clubs going bust a few years back, but rebranding themselves and staying in their respective divisions. I have a feeling that Swindon and Orient might be 2 of them Link to comment Share on other sites More sharing options...
Roger Posted 13 April, 2009 Share Posted 13 April, 2009 Still think it's disgusting to have a millionaire who has contributed to the mess our club is in on the pitch begging fans for money during a recession. We've spent enough, we've put up with rubbish. Yet he's cheered off the pitch because he hates Lowe. Wish we could be rid of the lot of them. Mate your'e completely deluded. How did crouch get us in this mess? He wanted lowe out so he went with wilde but wasnt sure. The execs then took control so he didnt have a say but tried as hard as he could to stop them. He was then incharge from dec 07 and appointed a good manager in pearson. During this time crouch was working 5 days a week and paying himself no money for it. He paid for the statue out of his own pocket. He has donated 50k to the fund to keep us in business. He also funded one players wages for a while. What exactly has he done wrong mate? Lowe was hardly at st mary's in a month and was getting paid handsomly. Wake up. Link to comment Share on other sites More sharing options...
Roger Posted 13 April, 2009 Share Posted 13 April, 2009 I understand that the process may take longer than anticipated due to the number of bids. Not (IMHO) this time. Regards Morph Morph mate can you pm me or can you tell me is it likely that we will be taken over by the end of the week? Link to comment Share on other sites More sharing options...
Nineteen Canteen Posted 13 April, 2009 Share Posted 13 April, 2009 We will have to resign from the Football League and will cease to exist (all our fixtures this season will be expunged). If we started up under a new guise then we would start somewhere further down the footballing pyramid. I think Wimbledon started again at Level 9 (we'd be in the Wessex League Premier playing Romsey & Lymington) and Aldershot started at Level 8 (we'd go into the Southern League Div S & W playing Winchester & Totton). Winchester are bottom of that league having lost at home today so that is probably one local derby that won't be happening. If Southampton FC cease to exist then so will my support. I'm afraid there are to many other local non-league sides worthy of our support with a committed fan base keeping them afloat regardless of who is in charge. Link to comment Share on other sites More sharing options...
Colinjb Posted 13 April, 2009 Share Posted 13 April, 2009 Winchester are bottom of that league having lost at home today so that is probably one local derby that won't be happening. If Southampton FC cease to exist then so will my support. I'm afraid there are to many other local non-league sides worthy of our support with a committed fan base keeping them afloat regardless of who is in charge. The club is better off without you if that's the case. As long as there is a Southampton Football Club perpetuated by the fanbase that followed this one, I will continue to be a fan, as will 90% of the support the club has. We have a hardcore of 12k or so that will follow Saints through thick and thin, that is our greatest strength right now. Link to comment Share on other sites More sharing options...
Nineteen Canteen Posted 13 April, 2009 Share Posted 13 April, 2009 Ron, I believe that a certain proven funds bid is due in shortly. I have updated Duncan by e-mail tonight. I've also been advised that "cross pollination" of bids will be encouraged by the Administrator to obtain the best deal for creditors. I'll leave that to others to find out what that means. Regards Morph Isn't cross pollination a term used to create hybrids and in the plant (no pun intended) world more robust hardier plants or making more edible plants a little more palatable and therefore easier to swallow. Maybe the best deal for creditors but hybrid solutions will ultimately mean compromise and maybe some potentially unpalatable faces arriving on the board. So we had 3 'big shots' who couldn't work together and I am assuming Morph's 'Management speak' means a pooling of bids to reach the magic £15m so we could have many more 'big shot's' renewing the boardroom power battles of the future. Saints Trust will be busy bees they won't know who to go and pollinate but I suspect Stephen Godwin will be kept in the hive this time. Link to comment Share on other sites More sharing options...
hamster Posted 13 April, 2009 Share Posted 13 April, 2009 ... that is our greatest strength right now. ...and this will be our finest hour. COYR's Link to comment Share on other sites More sharing options...
Nineteen Canteen Posted 13 April, 2009 Share Posted 13 April, 2009 Mate your'e completely deluded. How did crouch get us in this mess? He wanted lowe out so he went with wilde but wasnt sure. The execs then took control so he didnt have a say but tried as hard as he could to stop them. He was then incharge from dec 07 and appointed a good manager in pearson. During this time crouch was working 5 days a week and paying himself no money for it. He paid for the statue out of his own pocket. He has donated 50k to the fund to keep us in business. He also funded one players wages for a while. What exactly has he done wrong mate? Lowe was hardly at st mary's in a month and was getting paid handsomly. Wake up. He switched from supporting Lowe to supporting Wilde at the 11th hour forcing Lowe out. The rest as they say is history and Crouch has been like a headless chicken ever since trying to always be popular with the fans IMO as if he was running for mayor in some small time town in America. People worry about this club going out of business and there is one thing that worries me more than this club dying....... We can only hope Crouch doesn't suddenly come into bud during the cross-pollination, we need robust and hardy solutions not poison ivy creeping everywhere IMO. Link to comment Share on other sites More sharing options...
Nineteen Canteen Posted 13 April, 2009 Share Posted 13 April, 2009 Morph mate can you pm me or can you tell me is it likely that we will be taken over by the end of the week? Much LOL? Due diligence on 34 bids and some suggested cross breeding so the pigs develop bigger snouts for the trough is going to take longer than a week in my humble opinion. Not forgetting a small matter of a FL investigation hanging over us still to be resolved. Morph is connected but he is not the Adminstrator so call Fry tomorrow for your answer as Morph can't answer that anymore than Barclays. Roger and out. Link to comment Share on other sites More sharing options...
Nineteen Canteen Posted 14 April, 2009 Share Posted 14 April, 2009 The club is better off without you if that's the case. As long as there is a Southampton Football Club perpetuated by the fanbase that followed this one, I will continue to be a fan, as will 90% of the support the club has. We have a hardcore of 12k or so that will follow Saints through thick and thin, that is our greatest strength right now. Colin the club won't be better off without me because The Saints will be finished, over, done, extinct, expunged (Courtesy of UM Pahars) and something that doesn't exist can't be better off with or without anything. I was part of the loyal fanbase and have religiously bought Season Tickets and additional match day tickets for years regardless of the directors, chairman and performances. Bottom line we were not enough to get this club through and seriosuly let down especially by the missing 5,000 from last season to this from Day 1. Day 1 Colin, why? 50% because of recession and 50% because of stupidity? Apart for the loyal and committed following if this club dies it will be no worse then the extra 10,000 to 15,000 who have suddenly materialised over the past two games will have deserved. As a result I will have nothing to with a team that I will have no affinity with from the one I decided to support watching the 1976 cup final as a young boy. I hope it doesn't come to a bitter end but if it does it's over and I take my dose of regular football closer to home. Link to comment Share on other sites More sharing options...
Colinjb Posted 14 April, 2009 Share Posted 14 April, 2009 Colin the club won't be better off without me because The Saints will be finished, over, done, extinct, expunged (Courtesy of UM Pahars) and something that doesn't exist can't be better off with or without anything. I was part of the loyal fanbase and have religiously bought Season Tickets and additional match day tickets for years regardless of the directors, chairman and performances. Bottom line we were not enough to get this club through and seriosuly let down especially by the missing 5,000 from last season to this from Day 1. Day 1 Colin, why? 50% because of recession and 50% because of stupidity? Apart for the loyal and committed following if this club dies it will be no worse then the extra 10,000 to 15,000 who have suddenly materialised over the past two games will have deserved. As a result I will have nothing to with a team that I will have no affinity with from the one I decided to support watching the 1976 cup final as a young boy. I hope it doesn't come to a bitter end but if it does it's over and I take my dose of regular football closer to home. Then we are spilt by the idea of what the 'club' is. You judge it by the entity, which is a continuation of the past organisation. As far as i'm concerned, this organisation couldn't exist, or have sustained itself without it's fanbase. Sadly, the current media era has made fans less important, therefore fan rather then chairman dependant clubs like Forest, Wednesday and Us have fallen more by the wayside, whereas ones like Wigan and Man City are 'competitive' now. You identify with the entity, I identify with the community that make the entity traditionally possible. This could be quite a deep conversation topic if we are not careful. Link to comment Share on other sites More sharing options...
Nineteen Canteen Posted 14 April, 2009 Share Posted 14 April, 2009 ...and this will be our finest hour. COYR's Nothing fine about this hour. It's our darkest hour and are most infamous and this club's bedrock of support has been eroded to the point of extinction. People will put a gloss on it but 23,000 in our greatest hour of need is frankly a joke in a game far bigger than Sheff Utd last season or to watch the Man U glory boys. We are barely limping and can't find a full house to give the club our support to get it over the line? Its pathetic but not unexpected so for the past 2 -3 seasons the so called best supported club in the South has become a sad shadow of it's former self. If we want to blame anyone, blame your neighbours who have diisappeared from the seat next to you and then the pair next to that and those in front and behind until there is just a loyal handful left and acres of red and white seate. Don't blame anyone but them as they let the club die by walking away insipidly over a number of years so yeah COYRs! We were a Premiership club with what transpired to be small town lower ranking Championship support. I would prefer to let the club die gracefully than sully its memory of a once well supported club through thick and thin. First game in League 1 next year assuming we survive and how many to show support to the new investors? 16,000 max? Pass me a bucket I want to throw more than change. Link to comment Share on other sites More sharing options...
Nineteen Canteen Posted 14 April, 2009 Share Posted 14 April, 2009 Then we are spilt by the idea of what the 'club' is. You judge it by the entity, which is a continuation of the past organisation. As far as i'm concerned, this organisation couldn't exist, or have sustained itself without it's fanbase. Sadly, the current media era has made fans less important, therefore fan rather then chairman dependant clubs like Forest, Wednesday and Us have fallen more by the wayside, whereas ones like Wigan and Man City are 'competitive' now. You identify with the entity, I identify with the community that make the entity traditionally possible. This could be quite a deep conversation topic if we are not careful. All I can say is that the the Community of Man City never deserted them when they were in league 1. So I identify with our club the entity but I don't identify with the community that deserted it from the heady days of 2003 to now. There is something wrong with our community that can't support the past two games as they supported the Man U and Sheff U games and frankly the fact we haven't been able to maintain an average of 20,000 just makes me bitter and angry at any attempts to recover what we didn't need to lose in the first place. To me support isn't a choice its a given and the club will hopefully be rebuilt or god forbid extinguished and renamed but unity in the community is lost and will take a long time to heal and that is no ones fault but those who chose to stay away. Support is not a choice IMO its a way of life. Link to comment Share on other sites More sharing options...
Colinjb Posted 14 April, 2009 Share Posted 14 April, 2009 All I can say is that the the Community of Man City never deserted them when they were in league 1. So I identify with our club the entity but I don't identify with the community that deserted it from the heady days of 2003 to now. There is something wrong with our community that can't support the past two games as they supported the Man U and Sheff U games and frankly the fact we haven't been able to maintain an average of 20,000 just makes me bitter and angry at any attempts to recover what we didn't need to lose in the first place. To me support isn't a choice its a given and the club will hopefully be rebuilt or god forbid extinguished and renamed but unity in the community is lost and will take a long time to heal and that is no ones fault but those who chose to stay away. Support is not a choice IMO its a way of life. So your support for the institution will die due to your lack of respect for your fellow fans? And Man City was a poor, poor example I was trying to think of clubs where the board has more influence over their destiny then the fanbase potential. Link to comment Share on other sites More sharing options...
Tamesaint Posted 14 April, 2009 Share Posted 14 April, 2009 (edited) Nothing fine about this hour. It's our darkest hour and are most infamous and this club's bedrock of support has been eroded to the point of extinction. People will put a gloss on it but 23,000 in our greatest hour of need is frankly a joke in a game far bigger than Sheff Utd last season or to watch the Man U glory boys. We are barely limping and can't find a full house to give the club our support to get it over the line? Its pathetic but not unexpected so for the past 2 -3 seasons the so called best supported club in the South has become a sad shadow of it's former self. If we want to blame anyone, blame your neighbours who have diisappeared from the seat next to you and then the pair next to that and those in front and behind until there is just a loyal handful left and acres of red and white seate. Don't blame anyone but them as they let the club die by walking away insipidly over a number of years so yeah COYRs! We were a Premiership club with what transpired to be small town lower ranking Championship support. I would prefer to let the club die gracefully than sully its memory of a once well supported club through thick and thin. First game in League 1 next year assuming we survive and how many to show support to the new investors? 16,000 max? Pass me a bucket I want to throw more than change. Not again!! "fan's fault" "Crouch stinks" "Lowe is wonderful" "Um Pahars is nasty" - don't you have anything constructive or anything different to post??? You are against Fans collecting money in buckets Fans putting their hands in their pockets to buy their club Any consortium that includes Crouch and / or McMenemy Any "hybrid" consortium. What exactly are in favour of - other than rounding up anyone who didn't attend SMS in the dark days of the "Revolutionary Coaching Setup" and ritually disembowelling them on the pitch?? You apparently love this club but you are happy to see it die.... and if it dies and becomes AFC Southampton you will then stop supporting it. What exactly are you in favour of??? ... oh and by the way - tell Rupert we are still expecting a sizeable donation from him for SaveourSaints. Has his donation been caught up in the Easter post??? Edited 14 April, 2009 by Tamesaint Link to comment Share on other sites More sharing options...
alpine_saint Posted 14 April, 2009 Share Posted 14 April, 2009 Ron, I believe that a certain proven funds bid is due in shortly. I have updated Duncan by e-mail tonight. I've also been advised that "cross pollination" of bids will be encouraged by the Administrator to obtain the best deal for creditors. I'll leave that to others to find out what that means. Regards Morph Isnt that illegal ? I thought there were NDAs in place ? In the end, its going to leave the administrator with no f**king bids as he ****es everyone off. Link to comment Share on other sites More sharing options...
SP Saint Posted 14 April, 2009 Share Posted 14 April, 2009 Isnt that illegal ? I thought there were NDAs in place ? In the end, its going to leave the administrator with no f**king bids as he ****es everyone off. It's perfectly legal between consenting adults over 21. I don't see why it should **** anyone off. It's their choice whether consortia join forces or not. It's also their choice whether they give info regarding their own bids to other people surely? Just the same as if I tell someone outside the Polling Station who I voted for. I don't quite understand why Mr FRy feels the need to 'encourage' it thought. Surely it's entirely up to the bidders themselves - they don't really need his opinion on it? Link to comment Share on other sites More sharing options...
um pahars Posted 14 April, 2009 Share Posted 14 April, 2009 What exactly are you in favour of??? Lying, trolling, numerous different guises etc etc etc Link to comment Share on other sites More sharing options...
Gemmel Posted 14 April, 2009 Share Posted 14 April, 2009 He switched from supporting Lowe to supporting Wilde at the 11th hour forcing Lowe out. The rest as they say is history and Crouch has been like a headless chicken ever since trying to always be popular with the fans IMO as if he was running for mayor in some small time town in America. You do talk some complete and utter rubbish. When Crouch bought his shares, he wrote through an open letter, to the board outlining his intentions and what he thought the board should do (Which basically translated as **** off). He was never allied with Lowe and infact lowe treated him like ****e until he realised he needed him......bet lowe wished cowen had been able to make that baord meeting now LMFAO Stop making things up 19c...... it takes away credibility from your one post that did make sense Link to comment Share on other sites More sharing options...
um pahars Posted 14 April, 2009 Share Posted 14 April, 2009 Stop making things up 19c...... See my post above;) Link to comment Share on other sites More sharing options...
Pancake Posted 14 April, 2009 Share Posted 14 April, 2009 There is a thread floating around here, at this time, that states Lowe & Cowen took 500K from the club, and Hone and co. took 600K out of the club. You mean this thread, yeah? Link to comment Share on other sites More sharing options...
Guided Missile Posted 14 April, 2009 Author Share Posted 14 April, 2009 You do talk some complete and utter rubbish. When Crouch bought his shares, he wrote through an open letter, to the board outlining his intentions and what he thought the board should do (Which basically translated as **** off). He was never allied with Lowe and infact lowe treated him like ****e until he realised he needed him......bet lowe wished cowen had been able to make that baord meeting now LMFAO Stop making things up 19c...... it takes away credibility from your one post that did make sense I would beg to differ with your version of events. Up to that last minute, rather than allying with either side, Crouch was hoping for a "unity" board, with Lowe, Wilde and Crouch on the board. As Lowe had turned down (chortle, chortle) Crouch's offer of 65p for his shares, because Lowe wanted the offer to be made to all the shareholders in his cabal, Crouch decided to side with Wilde, who did indeed want a clean sweep of the board, with, as he told Lowe/Cowen, no "toffs" on board. This version is confirmed here. Link to comment Share on other sites More sharing options...
Charlie Wayman Posted 14 April, 2009 Share Posted 14 April, 2009 Still the buckets are useful for all those guys p*ssing in the wind. Link to comment Share on other sites More sharing options...
SP Saint Posted 14 April, 2009 Share Posted 14 April, 2009 ... oh and by the way - tell Rupert we are still expecting a sizeable donation from him for SaveourSaints. Has his donation been caught up in the Easter post??? I think you're just feeding the troll. If Sundunce Canteen had any friends or a life at all, he wouldn't be trolling away on an internet forum at 1:30 in the morning. I don't believe he knows Lowelife or any of the other discarded directors of Saints. Link to comment Share on other sites More sharing options...
Give it to Ron Posted 14 April, 2009 Share Posted 14 April, 2009 Still the buckets are useful for all those guys p*ssing in the wind. Hows your conscience Charlie http://www.clubfanzine.com/southampton/v2.showNews.php?id=19165 Having spent a bloody fortune this year watching complete wasters both on the pitch and off it mine is great and I dont need someone telling me otherwise. I did not contribute but having bought 2 ST's, shirts, beer, food , occasional programmes at home game this year I dont feel obliged to and coming from the Saints Trust that have hidden for most of the season and allied to to the main problems feel its a bit rich. Link to comment Share on other sites More sharing options...
Guided Missile Posted 14 April, 2009 Author Share Posted 14 April, 2009 Hows your conscience Charlie http://www.clubfanzine.com/southampton/v2.showNews.php?id=19165The £5,614.54 raised should just about cover Mark Fry's awayday to Wolves.... Link to comment Share on other sites More sharing options...
Window Cleaner Posted 14 April, 2009 Share Posted 14 April, 2009 The £5,614.54 raised should just about cover Mark Fry's awayday to Wolves.... Trusst or Trussed !! Link to comment Share on other sites More sharing options...
Frank's cousin Posted 14 April, 2009 Share Posted 14 April, 2009 No. Poor management of the business by numerous individuals over the last 7 years has done that. Lowe returning with his fantastic 'revolutionary coaching structure' hastened our demise. Any business cannot afford to alienate 5,000 'consumers' and expect to survive if you are already struggling financially. It's as simple as that. Also, Lowe and Cowen could have re-invested their severance payments to keep the club alive until the end of the season...or delay their salaries as Euell and Davis have done. I would disagree... Lowe 'revolutionary set up' proved ultimately too fragile to provide the winning formula that HOPEFULLY would have kept the crowd levels up - but even so that would have been only about 20K a game - However that same action also reduced costs that saw a reduction in overhead, - something that would have seen the OD increase alot sooner and maybe have driven us to Admin earlier had it not been done... The trick was missed in comunication - if you want support for something, especially when you know your target audience is going to be unreceptive because a) it goes against the considered better judgement and b) they dont like you anyway, what have you got to lose in being open about the finances and WHY these decisons have been made, at least you only then get accused of mistakes based on facts, not speculation. Link to comment Share on other sites More sharing options...
OldNick Posted 14 April, 2009 Share Posted 14 April, 2009 I would disagree... Lowe 'revolutionary set up' proved ultimately too fragile to provide the winning formula that HOPEFULLY would have kept the crowd levels up - but even so that would have been only about 20K a game - However that same action also reduced costs that saw a reduction in overhead, - something that would have seen the OD increase alot sooner and maybe have driven us to Admin earlier had it not been done... The trick was missed in comunication - if you want support for something, especially when you know your target audience is going to be unreceptive because a) it goes against the considered better judgement and b) they dont like you anyway, what have you got to lose in being open about the finances and WHY these decisons have been made, at least you only then get accused of mistakes based on facts, not speculation.the problem was alos that fans said if he came back they didnt want his smug face in the media or commenting on us all the time.He did that and then still there is criticism for respecting those wishes.he has gone and we have a win to enjoy, a rarity this season Link to comment Share on other sites More sharing options...
Frank's cousin Posted 14 April, 2009 Share Posted 14 April, 2009 You do talk some complete and utter rubbish. When Crouch bought his shares, he wrote through an open letter, to the board outlining his intentions and what he thought the board should do (Which basically translated as **** off). He was never allied with Lowe and infact lowe treated him like ****e until he realised he needed him......bet lowe wished cowen had been able to make that baord meeting now LMFAO Stop making things up 19c...... it takes away credibility from your one post that did make sense This does not make sense though - at the time, although not official, all the wilde supporters were biting their nails to see which side of the fence Crouch would come down on after successive meetings with Lowe - fans on S4E and the Echo all were questioning what deal would go down.... so this seems a bit of revisionism. It was a classic case of muscle flexing - Crouch determined to demonstrate his power by showing how his 10% could be a controlling share - believeing the Wilde/Lowe deal never likely - tactically his biggest mistake....apart from and falling out with wilde, the biggest shareholder.... naive at the very least. He must have known that - afterall its pretty much guessed the day Wilde showed up, that he would want to maintain some influence in the boardroom to detemine his own destiny, especially when it came to potentially selleing SLH/SFC - so would want a way back in, so its not rocket science to see Wilde would go in with Lowe - afterall we were told that the main reason Wildes 'evolution' not revolution did not work was because Lowe refused to split the SLH CEO role from the Chairman role and stay on as CEO but not chairman - which kind of happened second time around - Lowe playing hardball at the time and Wilde calling his bluff.... and Crouch ousted by his own naivety Link to comment Share on other sites More sharing options...
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