Wiltshire Saint Posted 18 April, 2009 Posted 18 April, 2009 I have posted on this site from 5 continents and my daughter goes to private school and she is only two. My wife has 3 cars and I own a jet.
M271 Posted 18 April, 2009 Posted 18 April, 2009 I am surprised at the lack of rumours about possible buyers at the moment, I mean rumours based on fact not randomly made up from the worlds richest people. To me this means one of 2 things: 1) The administrator and interested parties are being surprisingly good at keeping proceedings confidential, I know that the administrator has to be but normally interested parties family, friends etc.. allow info to leak out. 2) There are no really serious bidders. Didn't the administrator say mid last week that there could be some news by the end of this week ? It does seem to have gone quiet with no updates since 'there have been 34 expressions of interest'.
brmbrm Posted 18 April, 2009 Posted 18 April, 2009 We have a great stadium, and potentialy a great fan base, yet 2 weeks after administration is called, the only likely buyer of a club asset is the f**king council. Is this adminstrator doing his f**king job properly ? Hmmmm. I ain't no expert but the administrator either (a) tries to get the best possible price/deal or (b) sells to the first person to make any sort of offer. I think the answer is (b) and Alpine is right: we are doomed. Of course if Alpine and I are wrong, and the answer is (a), then there is no reason at all why it should have happened by now. Maybe the slower the better if there are two (or more) serious parties interested. But, hey, what do Alps and I know.
Sold To The Man @ The Bar Posted 18 April, 2009 Posted 18 April, 2009 Hmmmm. I ain't no expert but the administrator either (a) tries to get the best possible price/deal or (b) sells to the first person to make any sort of offer. I think the answer is (b) and Alpine is right: we are doomed. Of course if Alpine and I are wrong, and the answer is (a), then there is no reason at all why it should have happened by now. Maybe the slower the better if there are two (or more) serious parties interested. But, hey, what do Alps and I know. Have you guys never heard of Due Diligence? When buying any business from offer to agreement a period of time is taken when the buyer has opportunity to look at everything financial. This can take, well how long is a piece of string… if our accounts are as complex as suggested with cross company payments and securities I would not expect any news for a few more weeks. It not a used car “sold as seen”
Legod Third Coming Posted 18 April, 2009 Posted 18 April, 2009 I have posted on this site from 5 continents and my daughter goes to private school and she is only two. My wife has 3 cars and I own a jet. I have posted on this site from my hotel suite at the Cheltenham and Aintree Festivals, and from my sofa. And from my mistresses' sofa. I have a wife who doesn't work. I sometimes work Saturday mornings and sometimes on Tuesdays too. I have two daughters, both of whom attend private school and I am widely recognised as the best in the world at my chosen profession. But you don't hear me on here boasting about it...
Wade Garrett Posted 18 April, 2009 Posted 18 April, 2009 I have posted on this site from my hotel suite at the Cheltenham and Aintree Festivals, and from my sofa. And from my mistresses' sofa. I have a wife who doesn't work. I sometimes work Saturday mornings and sometimes on Tuesdays too. I have two daughters, both of whom attend private school and I am widely recognised as the best in the world at my chosen profession. But you don't hear me on here boasting about it... I also sometimes work on Saturdays and Tuesdays. I am not sure if I'm the best at what I do in the world, but I'm probably in the top one. I have two daughters who are both relative successes at our local state school. Neither of them is pregnant, a drunk or a junkie (then again they are only 10 and 7). I am sure my considerable success has f*ck all to do with not going to football. I may expand on my successes in life to the forum when I have a spare half a day to compose something. I am sure you'll all be interested. Then again, probably not.
Wade Garrett Posted 18 April, 2009 Posted 18 April, 2009 Have you guys never heard of Due Diligence? When buying any business from offer to agreement a period of time is taken when the buyer has opportunity to look at everything financial. This can take, well how long is a piece of string… if our accounts are as complex as suggested with cross company payments and securities I would not expect any news for a few more weeks. It not a used car “sold as seen” Agreed. Everyone should calm down. The billionaires are coming.
landford.saint Posted 18 April, 2009 Posted 18 April, 2009 We will not hear anything until after the season is over. Buying a company/football club is not like buying a loaf of bread. All sorts of due diligence and complicated financial investigations, gaurantees etc are required. As well as both sides needing to establish exactly the extent of their liabilities/assetts. The whole legal process can get very complicated as well. Likewise the price is inevitably dependent on what league we are in and how many points the league what to deduct. Dont expect any news till way after the season is over.
Morph Posted 18 April, 2009 Posted 18 April, 2009 I am surprised at the lack of rumours about possible buyers at the moment, I mean rumours based on fact not randomly made up from the worlds richest people. To me this means one of 2 things: 1) The administrator and interested parties are being surprisingly good at keeping proceedings confidential, I know that the administrator has to be but normally interested parties family, friends etc.. allow info to leak out. 2) There are no really serious bidders. Didn't the administrator say mid last week that there could be some news by the end of this week ? It does seem to have gone quiet with no updates since 'there have been 34 expressions of interest'. I understand that certain parties are now being urged to sign up NDA.s. As in : http://en.wikipedia.org/wiki/Non-disclosure_agreement So my source will now dry up until we come out the other end. I'll just have to moan about Lowe and Wilde now like everyone else. Regards Morph
JustMike Posted 18 April, 2009 Posted 18 April, 2009 I understand that certain parties are now being urged to sign up NDA.s. As in : http://en.wikipedia.org/wiki/Non-disclosure_agreement So my source will now dry up until we come out the other end. I'll just have to moan about Lowe and Wilde now like everyone else. Regards Morph so things are moving along then. Any ideas how long these NDA things take?
NickG Posted 18 April, 2009 Posted 18 April, 2009 I understand that certain parties are now being urged to sign up NDA.s. As in : http://en.wikipedia.org/wiki/Non-disclosure_agreement So my source will now dry up until we come out the other end. I'll just have to moan about Lowe and Wilde now like everyone else. Regards Morph what has you source ever actually given you???? Can't remember anything apart from that Lowe wasn't coming back!
Morph Posted 18 April, 2009 Posted 18 April, 2009 what has you source ever actually given you???? Can't remember anything apart from that Lowe wasn't coming back! So no news won't be a bad thing for you then Nick. Under the mishroom and all that Regards Morph
The Rover Posted 18 April, 2009 Posted 18 April, 2009 I understand that certain parties are now being urged to sign up NDA.s. As in : http://en.wikipedia.org/wiki/Non-disclosure_agreement So my source will now dry up until we come out the other end. I'll just have to moan about Lowe and Wilde now like everyone else. Regards Morph Photo of dried up source:
um pahars Posted 18 April, 2009 Posted 18 April, 2009 Mummies round here take their little daughters to the local playgroup and bond with other Mummies and their offspring. Promotes community spirit and prevents boredom in Mummies and precocious brat syndrome in over-educated kids. If you disagree think Bonnie Langford. So how come you ended up with mutiple personality, mythomania and Ganser syndrome??? Maybe that's why you thought Justin Fashanu was still living it up:smt119 Nature or nurture????
NickG Posted 18 April, 2009 Posted 18 April, 2009 (edited) So no news won't be a bad thing for you then Nick. Under the mishroom and all that Regards Morph Morph, Don't mean to be antagonistic, we have had far too much of that. But I am, like most crying out for news, honestly can't remember you ever giving any? If you have I apologise and please remind me? Do tend to feel you enjoy teasing and building yourself up as having a source but not actually been shown as coming up with the goods. If it is teasing and bit of fun, fair enough - equally if I have forgotten good info from you I am sorry. But all I remember is lots of hints that come to nothing, apart from you being outspoken at the end of last season when you did give clear info - that Lowe/Cowen definately were not coming back - and they did. Regards Nick Edited 18 April, 2009 by NickG
Morph Posted 18 April, 2009 Posted 18 April, 2009 Morph, Don't mean to be antagonistic, we have had far too much of that. But I am, like most crying out for news, honestly can't remember you ever giving any? If you have I apologise and please remind me? Do tend to feel you enjoy teasing and building yourself up as having a source but not actually been shown as coming up with the goods. If it is teasing and bit of fun, fair enough - equally if I have forgotten good info from you I am sorry. But all I remember is lots of hints that come to nothing, apart from you being outspoken at the end of last season when you did give clear info - that Lowe/Cowen definately were not coming back - and they did. Regards Nick No problem Nick, Most of my source information was always work in progress and unfortunately as I have had only a very narrow view of the overall picture from one source, my conclusions have in the past gone astray to put it mildly. That is why I tend to keep Duncan in the loop as to what I know and I don't post so much on here as I'm aware that Duncan has a much better overall picture of what is going on and can conclude far more accurately than I can. But my 1st post today regarding NDA's is correct. Kind Regards Morph
CHAPEL END CHARLIE Posted 18 April, 2009 Posted 18 April, 2009 We will not hear anything until after the season is over. Buying a company/football club is not like buying a loaf of bread. All sorts of due diligence and complicated financial investigations, gaurantees etc are required. As well as both sides needing to establish exactly the extent of their liabilities/assetts. The whole legal process can get very complicated as well. Likewise the price is inevitably dependent on what league we are in and how many points the league what to deduct. Dont expect any news till way after the season is over. You talk sense
NickG Posted 18 April, 2009 Posted 18 April, 2009 No problem Nick, Most of my source information was always work in progress and unfortunately as I have had only a very narrow view of the overall picture from one source, my conclusions have in the past gone astray to put it mildly. That is why I tend to keep Duncan in the loop as to what I know and I don't post so much on here as I'm aware that Duncan has a much better overall picture of what is going on and can conclude far more accurately than I can. But my 1st post today regarding NDA's is correct. Kind Regards Morph fair enough, regards
Fitzhugh Fella Posted 18 April, 2009 Posted 18 April, 2009 Missing semi-colon - line 37, row 28 Sorry - I had to laugh at this. D
saint lard Posted 18 April, 2009 Posted 18 April, 2009 We will not hear anything until after the season is over. Buying a company/football club is not like buying a loaf of bread. All sorts of due diligence and complicated financial investigations, gaurantees etc are required. As well as both sides needing to establish exactly the extent of their liabilities/assetts. The whole legal process can get very complicated as well. Likewise the price is inevitably dependent on what league we are in and how many points the league what to deduct. Dont expect any news till way after the season is over. Could be a while..... http://www.dailyecho.co.uk/sport/saints/news/4301095.Saints_still_in_limbo_over_points_deduction_decision/
Amesbury Saint Posted 18 April, 2009 Posted 18 April, 2009 Likewise the price is inevitably dependent on what league we are in and how many points the league what to deduct. Dont expect any news till way after the season is over. There are only three options CCC L1 L1 with -10 the buyer should be able to offer three prices now, although I suspect the price is only £1 in all cases
John Smith Posted 18 April, 2009 Posted 18 April, 2009 I always knew you were a cnt John, thanks for confirming it. You make Rupert Lowe's ego look like Mother Teresa. Does the overly aggressive manner help compensate for the smaller than average manhood? There, there, there, calm down little boy, let me pat you on the head and send you on your way, you little scalawag.
Fitzhugh Fella Posted 18 April, 2009 Posted 18 April, 2009 Could be a while..... http://www.dailyecho.co.uk/sport/saints/news/4301095.Saints_still_in_limbo_over_points_deduction_decision/ Lot of sobering reading in today's Echo - even L Mac, in his column, is admitting things are a lot worse than originally thought.
SaintRobbie Posted 18 April, 2009 Posted 18 April, 2009 (edited) Lot of sobering reading in today's Echo - even L Mac, in his column, is admitting things are a lot worse than originally thought. Fry has already said as much by indicating that Lowe should have done something about moving into administration a long time ago. All Lowe has done is worsen the situation in so many ways. edit: .... although I wonder whether Lawrie Mac may well be reinforcing that message with his statement to get a subtle dig in at Lowe? I assume he would have penned it a couple of days ago as Fry was highlighting why he couldnt understand why Lowe had been putting off administration. Edited 18 April, 2009 by SaintRobbie
Third Division South Days Posted 18 April, 2009 Posted 18 April, 2009 We can only hope that negotiations progress between administrator and potential new owners which take into account the various outcomes for the club at season end. Time would appear to be in very short supply!
TNT Posted 18 April, 2009 Posted 18 April, 2009 Well i imagine cashflow now is non-existant as there has been no season ticket sales which would have brought in a couple of early bird £2m.
Nineteen Canteen Posted 18 April, 2009 Posted 18 April, 2009 Fry has already said as much by indicating that Lowe should have done something about moving into administration a long time ago. All Lowe has done is worsen the situation in so many ways. edit: .... although I wonder whether Lawrie Mac may well be reinforcing that message with his statement to get a subtle dig in at Lowe? I assume he would have penned it a couple of days ago as Fry was highlighting why he couldnt understand why Lowe had been putting off administration. What is Fry's take and your's Robbie on what would have happend if Lowe hadn't returned? Promotion? The events of this season were the culmination of the effects of the previous 2. There is lots of press about about what Lowe should and shouldn't have done in the weeks leading up to the administration and how he has conducted himself afterwards in the media. Perhaps not surprisingly there has been no comment about the Wilde takeover and the subsequent mismanagement of resources IMO. Lowe's crime this season has IMO been solely to extend the life of the club and almost made it but was not supported by at least 5,000 regular supporters or Leon 'Call My Bluff' Crouch. IMO Lowe's recent rounds of interviews in the media are an attempt to tell his aide of the story and I personally think that is fair enough given the accusations that are coming out now about him that only diverts attention form the real story that the 'mob mentality' dictiates it's best to avoid for reasons of public perception. People keep saying lets not keep talking of the past lets focus on the future. I agree but whilst those with a public profile keep dragging this up and focusing blame on one individual instead of looking at the last 3 years then I personally will continue to try and bring some much needed balance to proceedings and don't care how 'unbalanced' and rammed up Lowe's ar5e I may appear. Why, because there is two sides to every story and anyone can see that certain individuals are acting as if they are coated in teflon and beyond reproach whilst others have disappeared. Lowe's biggest mistake? Coming back IMO and we as a club would still have met with same ending. Hone told us that 2 years ago and without Lowe's concentrated and self-assured focus on reducing cost regardless of perceived popularity IMO I don't think we would have made into January 2009 without a player giveway and something akin to Weymouth. The club maybe difficult to sell but it could have been a whole lot worse and Fry may just bemoaning his luck in trying to sell a football club in the worst recession in 80 years. Given that backdrop there are probably easier assets to offload than a football club or is Lowe responsible for the banking crisis as well?
DaintyDave Posted 18 April, 2009 Posted 18 April, 2009 To be fair Morph, your "source" is worrying if he is only just signing an NDA, they were issued to all parties prior to the initial documentation being sent out. All the 30-some parties who received the preliminary information packs were first sent NDAs, so not sure where this adds any credibility to things "moving forwards", Oh and 19, you never answered my question about whether you attended the Evening with LM/MLT - were you there supporting the club you love or were you one of those perky "stay away fans"?
SaintRobbie Posted 18 April, 2009 Posted 18 April, 2009 What is Fry's take and your's Robbie on what would have happend if Lowe hadn't returned? Promotion? The events of this season were the culmination of the effects of the previous 2. There is lots of press about about what Lowe should and shouldn't have done in the weeks leading up to the administration and how he has conducted himself afterwards in the media. Perhaps not surprisingly there has been no comment about the Wilde takeover and the subsequent mismanagement of resources IMO. Lowe's crime this season has IMO been solely to extend the life of the club and almost made it but was not supported by at least 5,000 regular supporters or Leon 'Call My Bluff' Crouch. IMO Lowe's recent rounds of interviews in the media are an attempt to tell his aide of the story and I personally think that is fair enough given the accusations that are coming out now about him that only diverts attention form the real story that the 'mob mentality' dictiates it's best to avoid for reasons of public perception. People keep saying lets not keep talking of the past lets focus on the future. I agree but whilst those with a public profile keep dragging this up and focusing blame on one individual instead of looking at the last 3 years then I personally will continue to try and bring some much needed balance to proceedings and don't care how 'unbalanced' and rammed up Lowe's ar5e I may appear. Why, because there is two sides to every story and anyone can see that certain individuals are acting as if they are coated in teflon and beyond reproach whilst others have disappeared. Lowe's biggest mistake? Coming back IMO and we as a club would still have met with same ending. Hone told us that 2 years ago and without Lowe's concentrated and self-assured focus on reducing cost regardless of perceived popularity IMO I don't think we would have made into January 2009 without a player giveway and something akin to Weymouth. The club maybe difficult to sell but it could have been a whole lot worse and Fry may just bemoaning his luck in trying to sell a football club in the worst recession in 80 years. Given that backdrop there are probably easier assets to offload than a football club or is Lowe responsible for the banking crisis as well? 19. Lowe sacked NP. He then apointed JP and Wotte. He then introduced a club policy of only playing youth and sidelined the seasoned experienced professionals. He then told us all it was going to work after a number of confused CCC sides allowed us to win some games away. CCC teams then realised we were kids and played us professionally. We lost. JP walked. Wotte reversed the youth policy, some success then failure. Now... I am sorry mate but which bit of screwing up the club this season has that got to do with anyone else? I am all for laying some blame at Crouch for his gamble. I am all for killing the boardroom in their entiretiy for refusing to sell the club to SISU and/or other interested parties when we had the chance. But I'm afraid only one man made the FOOLISH decision to play youth and sideline experience (whilst paying their salaries). Only one man disunited the fan base. Only one man turn away thousands of fans through his arrogance and incompetence this season.. and you know whats actually nice about it? Being able - along with many others on here who campaigned so hard to stop this farce last July - to say... I TOLD YOU SO. Rather have been wrong... but hey. I have a brain.
Nineteen Canteen Posted 18 April, 2009 Posted 18 April, 2009 To be fair Morph, your "source" is worrying if he is only just signing an NDA, they were issued to all parties prior to the initial documentation being sent out. All the 30-some parties who received the preliminary information packs were first sent NDAs, so not sure where this adds any credibility to things "moving forwards", Oh and 19, you never answered my question about whether you attended the Evening with LM/MLT - were you there supporting the club you love or were you one of those perky "stay away fans"? Sorry Dave, I wasn't there as I can't support charitable functions that alledgedly take more to cover expenses than they do to contribute to the cause. Dave do you have any idea how many attended 100, 250, 500, 1000, 5000? If you attended what is your best guess?
Nineteen Canteen Posted 18 April, 2009 Posted 18 April, 2009 19. Lowe sacked NP. He then apointed JP and Wotte. He then introduced a club policy of only playing youth and sidelined the seasoned experienced professionals. He then told us all it was going to work after a number of confused CCC sides allowed us to win some games away. CCC teams then realised we were kids and played us professionally. We lost. JP walked. Wotte reversed the youth policy, some success then failure. Now... I am sorry mate but which bit of screwing up the club this season has that got to do with anyone else? I am all for laying some blame at Crouch for his gamble. I am all for killing the boardroom in their entiretiy for refusing to sell the club to SISU and/or other interested parties when we had the chance. But I'm afraid only one man made the FOOLISH decision to play youth and sideline experience (whilst paying their salaries). Only one man disunited the fan base. Only one man turn away thousands of fans through his arrogance and incompetence this season.. and you know whats actually nice about it? Being able - along with many others on here who campaigned so hard to stop this farce last July - to say... I TOLD YOU SO. Rather have been wrong... but hey. I have a brain. We all do Robbie so I'm surprised as you have one you need to point that out.
SaintRobbie Posted 18 April, 2009 Posted 18 April, 2009 We all do Robbie so I'm surprised as you have one you need to point that out. Most of us do 19... most of us... and alot of us have some common sense in it. Goodnight.
Tamesaint Posted 18 April, 2009 Posted 18 April, 2009 S I can't support charitable functions that alledgedly take more to cover expenses than they do to contribute to the cause. I have told you beefore Sundance / 19. Stop believing everything that your boss Rupert tells you.
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