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Dyer permanently to Swansea, keeps the club going.

derry

By derry
in The Saints

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dubai_phil

dubai_phil

Posted
Posted
I did hear that we were desperately close on Friday. If that gets the bank off our backs through the fee being guaranteed on a certain date then that is a result in itself.

 

Curiouser and curiouser

 

So the bank were at work on Friday?

 

I know it's been a long time since I left blighty and all that but wasn't Friday a Bank Holiday?

 

Again I could understand not having enough money to pay to a coach company to get to the game and even having enough to pay for the petrol, but....

derry

derry

Posted
  • Author
Posted
Curiouser and curiouser

 

So the bank were at work on Friday?

 

I know it's been a long time since I left blighty and all that but wasn't Friday a Bank Holiday?

 

Again I could understand not having enough money to pay to a coach company to get to the game and even having enough to pay for the petrol, but....

 

Nothing to do with the bank, I think more to do with whether operations could continue, and that is down to the directors.

 

We know that times are desperate, they have been quite open about it. The staff also are wondering whether they will be paid this month.

 

If the players weren't paid there are all sorts of problems. This does make a lot of sense in the circumstances.

Lord Duckhunter

Lord Duckhunter

Posted
Posted

There's no way we'll get this near the end of the season and we wont fulfill our fixtures. Our results will be struck from the record and someone could be relegated or not promoted because of that, the League/FA will not want to deal with the fall out of that. Between them the League, FA, and PFA will find a way to pay the players and finish the season.

IN MY DAY

IN MY DAY

Posted
Posted
Were you glad when Jones went too? How about Fuller, Davies, Delap, Higgy, etc.?

 

I for one was sad to see Jones, but the others were not appreciated by a large portion on this forum, surprising what a good manager and touch of confidence has done to all these player. All regular steady premiership performers but not good enough for us. !!!

derry

derry

Posted
  • Author
Posted
There's no way we'll get this near the end of the season and we wont fulfill our fixtures. Our results will be struck from the record and someone could be relegated or not promoted because of that, the League/FA will not want to deal with the fall out of that. Between them the League, FA, and PFA will find a way to pay the players and finish the season.

 

Quite likely, but we would then have the football club in administration as well. Better this way.

wild-saint

wild-saint

Posted
Posted

Ive just heard that heard from a a source close to the club (ex player - who has had a meeting with the administrator) that things are close to the wire. There is to be a benefit game a week Tueday with Leicester (provisionally agreed) to raise enough money to keep going to allow us to play at home to Burnley. Also he commented that the three serious bidders have little money available to meet the monies wanted for the club by the administrator.

 

Sounds bleak, I guess we can hope that they are lowballing thier offers in a game of brinkmanship to get the price as low as possible.

 

FV(k me Im depressed now.

SoccerMom

SoccerMom

Posted
Posted
Ive just heard that heard from a a source close to the club (ex player - who has had a meeting with the administrator) that things are close to the wire. There is to be a benefit game a week Tueday with Leicester (provisionally agreed) to raise enough money to keep going to allow us to play at home to Burnley. Also he commented that the three serious bidders have little money available to meet the monies wanted for the club by the administrator.

 

Sounds bleak, I guess we can hope that they are lowballing thier offers in a game of brinkmanship to get the price as low as possible.

 

FV(k me Im depressed now.

But apparently Fry was on the radio this morning saying that the club was safe until the end of the season? Never mind depressed, I'm confused. Oh, but maybe there is some kind of financial vortex in the middle of SMS that drains funds as soon as they reach the club. Cue the suggestions...;)

Window Cleaner

Window Cleaner

Posted
Posted
But apparently Fry was on the radio this morning saying that the club was safe until the end of the season? Never mind depressed, I'm confused. Oh, but maybe there is some kind of financial vortex in the middle of SMS that drains funds as soon as they reach the club. Cue the suggestions...;)

 

the end of the season is in errrr 3 weeks or less.

We seem to have enough money to play our remaining games, after that who knows.The may,june and july salary bills with no income are a problem.

John B

John B

Posted
Posted
the end of the season is in errrr 3 weeks or less.

We seem to have enough money to play our remaining games, after that who knows.The may,june and july salary bills with no income are a problem.

 

Surely then the football club will be in administration too if we dont get somebody to buy

saintwarwick

saintwarwick

Posted
Posted
Milkmen don't give 3 months tick.

2 weeks and you get no milk, 3 weeks and they pour a pint of sour gold top through the letter box.

 

Milkie round here is generous, up to six weeks without paying :D

RedWillie

RedWillie

Posted
Posted
Ive just heard that heard from a a source close to the club (ex player - who has had a meeting with the administrator) that things are close to the wire. There is to be a benefit game a week Tueday with Leicester (provisionally agreed) to raise enough money to keep going to allow us to play at home to Burnley. Also he commented that the three serious bidders have little money available to meet the monies wanted for the club by the administrator.

 

Sounds bleak, I guess we can hope that they are lowballing thier offers in a game of brinkmanship to get the price as low as possible.

 

FV(k me Im depressed now.

 

oh please...a benefit game with Leicester........????

um pahars

um pahars

Posted
Posted
this is just why administration is a disaster for us fans. Swansea have got the best end of the deal.In jan(at that stage the club did not need to sell as they had the bank on board) they may have paid in the region 0f 400-500k ,now they have us over a barrel it will be sub 250k and we also will not have the advantage of a bidding war with other interested parties. Rasiak will be viewed the same by Watford.Add to deductions taken by the administrator in fees on the transaction gives us even less.This is the thin edge of the wedge sadly.

 

Which is why we should have done anything and everything to avoid administration and to keep on the good side of Barclay's, no matter how crppily they acted.

 

I can't help but think that as tough as it might have been, there should have been a way of managing the £1m reduction in our overdraft as indicated by Barclay's back in Spetember of last year.

 

IMHO on and off the pitch, this season has been poorly executed.

SFC Forever

SFC Forever

Posted
Posted

If the sale of Dyer gives us the time to sort our mess out then I will be happy enough. At the end of the day I need my club to survive more than I need Dyer. Though both would have been nice.

John B

John B

Posted
Posted
Which is why we should have done anything and everything to avoid administration and to keep on the good side of Barclay's, no matter how crppily they acted.

 

I can't help but think that as tough as it might have been, there should have been a way of managing the £1m reduction in our overdraft as indicated by Barclay's back in Spetember of last year.

 

IMHO on and off the pitch, this season has been poorly executed.

 

Surely you are being a little critical with the help of hindsight.

 

If an agreement with Barclays was made for £5 Million overdraft when Lowe/Wilde took over it would be very difficult to reduce the overdraft in October when the Transfer window had closed.

 

The problem was compounded by the inability to raise any money from Transfer sales which I think Lowe was aware of as he hinted that the cupboard was bare

 

 

I would have thought it was very unlikely that administration could be avoided after Barclay's had moved the goal post apparently in October.

 

 

If the overdraft facilities had not changed we currently may not be in administration

Saint Billy

Saint Billy

Posted
Posted
Ive just heard that heard from a a source close to the club (ex player - who has had a meeting with the administrator) that things are close to the wire. There is to be a benefit game a week Tueday with Leicester (provisionally agreed) to raise enough money to keep going to allow us to play at home to Burnley. Also he commented that the three serious bidders have little money available to meet the monies wanted for the club by the administrator.

 

Sounds bleak, I guess we can hope that they are lowballing thier offers in a game of brinkmanship to get the price as low as possible.

 

FV(k me Im depressed now.

 

Please god I hope your wrong.

 

If the bold comment is correct, why on earth did they show interest in the first place. Even the uninterested knew how much was required to save this club.

benjii

benjii

Posted
Posted
If true, this shows that the naysayers were wrong and that re-signing Dyer was a very astute business move.

 

It would have been a tad more astute to sell him (or Surman or Lallana) in January really.

John B

John B

Posted
Posted
It would have been a tad more astute to sell him (or Surman or Lallana) in January really.

 

Yes you are right but why would Swansea buy him as they had him on loan

 

 

It is easy to say sell but not if there is no one to buy at at a sensible price...

benjii

benjii

Posted
Posted
Yes you are right but why would Swansea buy him as they had him on loan

 

 

It is easy to say sell but not if there is no one to buy at at a sensible price...

 

To secure his services long-term.

 

They made an offer. We turned it down.

 

Any price is sensible if you're about to go under.

John B

John B

Posted
Posted
To secure his services long-term.

 

They made an offer. We turned it down.

 

Any price is sensible if you're about to go under.

 

Depends what the offer was.

Rebel

Rebel

Posted
Posted
Ive just heard that heard from a a source close to the club (ex player - who has had a meeting with the administrator) that things are close to the wire. There is to be a benefit game a week Tueday with Leicester (provisionally agreed) to raise enough money to keep going to allow us to play at home to Burnley. Also he commented that the three serious bidders have little money available to meet the monies wanted for the club by the administrator.

 

Sounds bleak, I guess we can hope that they are lowballing thier offers in a game of brinkmanship to get the price as low as possible.

 

FV(k me Im depressed now.

 

Are we talking about Tuesday 21st April - coz if so they better announce it quick! That would be next Tuesday in modern English! A week Tuesday would be the 29th surely - the week after we play Burnley! I'm confused!

 

It sounds like crossed wires to me! A benefit game against Leicester to raise some money to keep us going until the end of the season - and still exisit to play Forest - does sound a good idea though - and a possible one! 29th sounds more likely though.

Rebel

Rebel

Posted
Posted
Surely you are being a little critical with the help of hindsight.

 

If an agreement with Barclays was made for £5 Million overdraft when Lowe/Wilde took over it would be very difficult to reduce the overdraft in October when the Transfer window had closed.

 

The problem was compounded by the inability to raise any money from Transfer sales which I think Lowe was aware of as he hinted that the cupboard was bare

 

 

I would have thought it was very unlikely that administration could be avoided after Barclay's had moved the goal post apparently in October.

 

 

If the overdraft facilities had not changed we currently may not be in administration

 

 

Surely they could have raised some money in the January transfer window to keep the Wolves from the door - taken low bids for Rasiak, Dyer, Skacel, and not brought in Molyneux, Smith and Saejis for a start!

 

I'd prefer to have just got relegated - not go into administration as well!

TheCholulaKid

TheCholulaKid

Posted
Posted
Ive just heard that heard from a a source close to the club (ex player - who has had a meeting with the administrator) that things are close to the wire. There is to be a benefit game a week Tueday with Leicester (provisionally agreed) to raise enough money to keep going to allow us to play at home to Burnley. Also he commented that the three serious bidders have little money available to meet the monies wanted for the club by the administrator.

 

Sounds bleak, I guess we can hope that they are lowballing thier offers in a game of brinkmanship to get the price as low as possible.

 

FV(k me Im depressed now.

 

**** me. This post (and the responses to it) sums up the quality of idiot that (in the main) populates this board.

 

A benefit game v Leicester to save the club. Hahaha. If anyone considers that remotely plausible you need to be taken out of the gene pool.

trousers

trousers

Posted
Posted
I'm not leaking information it came from a media source but too late for today's paper. I understand the fee is circa £500k.

 

Which newspaper is it in today?

 

Scanner on standby....

Kenilworthy

Kenilworthy

Posted
Posted

Taking a look at the table, Swansea who are in 7th place and with a chance of reaching the play-offs have a big vested interested in us fulfilling our fixtures so that our results stand. Otherwise they will lose 4 points going down to 61 and will be overtaken by Preston who would remain on 65 since we did the double over them. Maybe we should seek a contribution from Birmingham who could miss out on automatic promotion without the 6 points from us?

hamster

hamster

Posted
Posted
Taking a look at the table, Swansea who are in 7th place and with a chance of reaching the play-offs have a big vested interested in us fulfilling our fixtures so that our results stand. Otherwise they will lose 4 points going down to 61 and will be overtaken by Preston who would remain on 65 since we did the double over them. Maybe we should seek a contribution from Birmingham who could miss out on automatic promotion without the 6 points from us?

 

Good point Ken.

Anyone fancy posting a comparison table with Saints games removed?

derry

derry

Posted
  • Author
Posted

Maybe when people get advance information and post it on here the cynics and know nothings that rubbish it immediately should wait and see.

 

This sort of information would have no source as it was information that neither club had announced.

 

I am hearing all sorts of things now, but I'm damned if I'm going to put any of it on here.

 

The funny thing is, the know nothing, do nothing critics and it's always the same ones never apologise for their unwarranted remarks when proved premature.

CHAPEL END CHARLIE

CHAPEL END CHARLIE

Posted
Posted
Surely you are being a little critical with the help of hindsight.

 

If an agreement with Barclays was made for £5 Million overdraft when Lowe/Wilde took over it would be very difficult to reduce the overdraft in October when the Transfer window had closed.

 

The problem was compounded by the inability to raise any money from Transfer sales which I think Lowe was aware of as he hinted that the cupboard was bare

 

I would have thought it was very unlikely that administration could be avoided after Barclay's had moved the goal post apparently in October.

If the overdraft facilities had not changed we currently may not be in administration

 

 

There were a number of avenues open to raise extra cash for the business this year , be it player sales or the usual 'March Madness' season ticket offer etc. The fact is the powers that be choose not to explore any of them for some reason . As a dedicated Sherlock Holmes aficionado I can only draw the conclusion that SLH wasn't 'murdered' by Barclay's at all - it committed suicide .

John B

John B

Posted
Posted
There were a number of avenues open to raise extra cash for the business this year , be it player sales or the usual 'March Madness' season ticket offer etc. The fact is the powers that be choose not to explore any of them for some reason . As a dedicated Sherlock Holmes aficionado I can only draw the conclusion that SLH wasn't 'murdered' by Barclay's at all - it committed suicide .

 

Who knows but I think my scenario is better than yours.

 

Selling players is only possible if someone wants to buy them

 

 

Selling season tickets when administration and relegation is on the cards is not very honest.

um pahars

um pahars

Posted
Posted
If an agreement with Barclays was made for £5 Million overdraft when Lowe/Wilde took over it would be very difficult to reduce the overdraft in October when the Transfer window had closed.

 

But you would have thought there would have been enough time to sort something out between September and April, particularly with the January Window sitting right in the middle.

 

I'm not saying it would be easy, as I'm sure it would be a really difficult task, with some very tough and unpopular decisions, it's just it doesn't look as though we read Barclay's intentions/threats correctly as I didn't see much activity in the January window or elsewhere regarding other assets or ways of bringing money in.

CHAPEL END CHARLIE

CHAPEL END CHARLIE

Posted
Posted

 

Selling season tickets when administration and relegation is on the cards is not very honest.

 

Substitute fitted kitchens or furniture for season tickets and I'm sure there are plenty of unfortunate MFI or Courts customers on here who will be able to confirm it happens all the time sadly - honest or not .

trousers

trousers

Posted
Posted
Maybe when people get advance information and post it on here the cynics and know nothings that rubbish it immediately should wait and see.

 

This sort of information would have no source as it was information that neither club had announced.

 

I am hearing all sorts of things now, but I'm damned if I'm going to put any of it on here.

 

The funny thing is, the know nothing, do nothing critics and it's always the same ones never apologise for their unwarranted remarks when proved premature.

 

Perhaps "they" will apologise when the 1,456 "In the Know-ers" over the last 2 years that were proved to be "premature" apologise too....

 

I'll keep people posted on what shade of blue one's face gets whilst one holds one's breath.

rallyboy

rallyboy

Posted
Posted

Dyer is our player of the season - he gets banged up in Pompey and only returns to end their run as cup holders after 69 years trying to win it.

Not only that but he scores in front of the Fratton end and celebrates by inviting all the grubby chavs to be quiet.

An oasis of cheer in a desert of ****e!

 

But the money should mean we can now fulfil the fixtures.

 

 

 

It is often obvious on here who has genuine knowledge, and also those who heard that Bill Gates, Mourinho and a Baltic consortium just got a taxi from the airport....

 

So thanks to those who come up with info, I glean bits myself that I know are true but you become reluctant to add to the debate as there are so many people who dismiss everything and then forget to apologise when they look like a ****.

saintalan

saintalan

Posted
Posted
...

It is often obvious on here who has genuine knowledge, and also those who heard that Bill Gates, Mourinho and a Baltic consortium just got a taxi from the airport....

 

So thanks to those who come up with info, I glean bits myself that I know are true but you become reluctant to add to the debate as there are so many people who dismiss everything and then forget to apologise when they look like a ****.

 

Amen to that!

Minsk

Minsk

Posted
Posted
Surely they could have raised some money in the January transfer window to keep the Wolves from the door - taken low bids for Rasiak, Dyer, Skacel, and not brought in Molyneux, Smith and Saejis for a start!

 

I'd prefer to have just got relegated - not go into administration as well!

 

Absolutely spot on!

 

It amazes me that the same people will still defend Lowe to the end, even now that he has led SLH into admin and with the same threat hanging over our heads.

 

There was plenty of time between October and April to save SLH from admin, if one were an astute businessman of course!

SaintRobbie

SaintRobbie

Posted
Posted
I understand that agreement has been reached with Swansea that Nathan

Dyer will join them on a permanent transfer when the summer transfer window opens.

 

The agreed fee is not being paid until the transfer but underwrites the club's present position with the bank, and I believe definitely keeps the club from administration this season.

 

Don't ask the source.

 

We are in administration. So I dont understand your post.

 

Dyer's sale to Swansea depends on one thing and one thing only... who the new owner is and whether his (or her) new manager wants Dyer in the team... unless Dyer's contract runs out in the summer and hes a free agent.

OldNick

OldNick

Posted
Posted
Absolutely spot on!

 

It amazes me that the same people will still defend Lowe to the end, even now that he has led SLH into admin and with the same threat hanging over our heads.

 

There was plenty of time between October and April to save SLH from admin, if one were an astute businessman of course!

and if we had, the automatic -10 would have come into play. The accounts would have then been shown that we had funds and fans like myself and others would have said why did we go into admin when the club was still solvent.The bank reduced the overdraft (basically moving the goalposts)whe nwe had done what had been asked to do by them. It does not seem right and proper IMO
derry

derry

Posted
  • Author
Posted (edited)
We are in administration. So I dont understand your post.

 

Dyer's sale to Swansea depends on one thing and one thing only... who the new owner is and whether his (or her) new manager wants Dyer in the team... unless Dyer's contract runs out in the summer and hes a free agent.

 

Thats just it, we are not in administration, it's getting really frustrating pointing out to people who can't be bothered to read the information, or are really too thick to understand the most simple facts.

 

SLH Ltd. the publically quoted owners of the whole shareholding in SFC Ltd (the club) are in administration.

 

SFC Ltd, the club, are not in administration and are still trading. The significance of the club going into administration is the immediate penalty of 10 points deducted after the last match of the season if we are NOT relegated, which would then ensure relegation, OR in the event of being relegated already the 10 point deduction is applied at the start of next season.

 

The league have a massive problem as the company in administration is a public company not in their jurisdiction.

 

SFC Ltd which is under their jurisdiction is NOT in administration. That is why they have called an enquiry.

 

That is why the sale of Dyer contracted with Swansea for about £500,000

should ensure solvency for the forseeable future. Buying time to sort out new ownership of SLH and avoid a 10 point deduction.

 

No new owner given the choice would entertain not selling Dyer, and the football club as a result going into administration.

 

Furthermore he is being sold, short of unforeseen events.

Edited by derry

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