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Takeover News(what I heard today :))


Saintandy666

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A friend of my dad was playing golf with Harry Redcrap last week, and they were talking about Saints.

 

Apparently old saggy face said "Oh don't worry about southampton - a good friend of mine who is worth millions is about to buy them, they'll be better than alright"

 

Not saying this is 100% but this guy had no reason to lie.

 

Fantastic news. I love this story, we are going to be ok. I just heard in the pub that Paul Allen was seen leaving the ground this afternoon and it was catagoric so no problems - relax everyone we will be ok.................

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This has probably been asked and answered elsewheer so apoogies if it has but...

 

...will any potential buyers be buying the PLC or the club? I assume the club. And if they are just buying the club, does this also include purchasing the stadium?

 

Cheers

 

As, St. Marys Stadium Company(think it is called that) is a different company from Southampton FC Ltd(again, think it is called that), if you buy the Southampton FC Ltd, then no, the stadium is not included I would assume.

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Know someone who is involved with the club, and heard today that out of the 30ish or so actual takeover thingys, 4 or 5 were serious. That we know of course...

 

BUT

 

I also learnt that one has gone far enough that the person involved has got the solicitors involved to get all the fine points of the deal ready for completion.

 

Have a nice day :)

 

tell us more!

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As, St. Marys Stadium Company(think it is called that) is a different company from Southampton FC Ltd(again, think it is called that), if you buy the Southampton FC Ltd, then no, the stadium is not included I would assume.

Surely, if the holding company is in administration then all of its assets are open to offers, including the Stadium company? I assume that it goes like this:

 

The football club must be sold.

All other assets are up for sale.

There are buyers who are interested.

Mark Fry must get the best deal for the creditors.

 

By that reckoning a buyer will be found. All that remains is the haggling over the price.

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Stanley / Alpine

 

 

Can I ask , should the club suddenly find a real genuine whitshining knight and we become a club to reckon with. Would you start to say positive things again about the club or is it you just cannot survive without be miserable

 

Whats that I hear in the Background oh its both of you listening to the Smith Record or lenoard Cohen Cheer up be happy for FS

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Stanley / Alpine

 

 

Can I ask , should the club suddenly find a real genuine whitshining knight and we become a club to reckon with. Would you start to say positive things again about the club or is it you just cannot survive without be miserable

 

Whats that I hear in the Background oh its both of you listening to the Smith Record or lenoard Cohen Cheer up be happy for FS

 

Orkney me old mucker, as i said on another thread i consider the new owners to have a clean slate. I will judge them on their actions - NOT THEIR WORDS. I was critical of Wilde from near enough the beginning because of his actions and was i wrong?

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How do you know this?

 

For a researcher you really are behind the 8 ball, wed 1 in due diligence 2 awaiting proof of funds, thur 2 in due diligence 1 awaiting proof of funds.

 

BBC/Sky/Setanta/Itv/Echo quoting the administrator.

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For a researcher you really are behind the 8 ball, wed 1 in due diligence 2 awaiting proof of funds, thur 2 in due diligence 1 awaiting proof of funds.

 

BBC/Sky/Setanta/Itv/Echo quoting the administrator.

 

I know that! :D

 

My point was how does he know it is "substantial funds" as he put it? Hence why I put that bit and that bit only in bold.

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If anyone had real money the club would be sold by now.

 

Why? People dont get rich throwing money away..a good businessman would wait and see what division we are in then pounce. The 2/3m he would save would be used far more wisely.

It also takes time and not a 2 minute process, if you bought a house you would know at the pace the legal eagles work at!

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If anyone had real money the club would be sold by now.

 

I don't buy this. Whoever buys the club will want to get it for the cheapest price possible. Even someone like Paul Allen would do this. The process is moving on as it should move on from the bits i've gleaned from here.

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Stanley / Alpine

 

 

Can I ask , should the club suddenly find a real genuine whitshining knight and we become a club to reckon with. Would you start to say positive things again about the club or is it you just cannot survive without be miserable

 

Whats that I hear in the Background oh its both of you listening to the Smith Record or lenoard Cohen Cheer up be happy for FS

awen to that but has the old saying gos "can a leopard change its spots":D

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http://en.wikipedia.org/wiki/Pini_Zahavi

 

Sounds just the kind of gentleman we need - NOT!

 

Wheel him in, he's about as straight up and down as all the owners/chairmen of the top Prem clubs.

Football is not the Women's Institute, it's a business where wheeling and dealing and dodgy doing are the rule rather than the exception. If the blokes got the money it takes he's OK by me.If you want a Mother Theresa try somewhere down in Blue Square. Give me a Ghengis Khan type any day.

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WTF is this ?

 

The football league can not only dish out points deductions, they can decide who is fit to own us ??

 

c**ts.

 

These are the words of Mr Fry.

 

I was led to believe that any new owner undertakes the "fit and proper persons" either by the football league or Football Association.

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These are the words of Mr Fry.

 

I was led to believe that any new owner undertakes the "fit and proper persons" either by the football league or Football Association.

 

Same thing happens in the Premier League. Thaksin Thai bloke had to go through it much publicised when he bought Man City

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WTF is this ?

 

The football league can not only dish out points deductions, they can decide who is fit to own us ??

 

c**ts.

Actually, no, they can't decide who owns us. They have no control over the shareholding of a club, only who is a Director of a football club. They can bar people from being club directors if they have recent convictions for relevant criminal offences including fraud and dishonesty, have been banned for misconduct from any other sports, or are undischarged bankrupts.

 

Quite reasonable, IMO and makes them far from the c**ts you make them out to be.

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And in another purely speculative punt doesn't Souness have strong links with Israel? Wouldn't be beyond the realms of possibility that Zahavi could be involved in some way with the Souness bid. All guesswork on my part.

 

No it won't be him as its illegal for an agent to be involved in the running of a club.

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One of the "bidders" will go to the football league early next week to undertake the "fit and proper persons" scrutiny test.

 

This bid is moving at considerable pace,now.

Yet, it is not the only one.

 

So when this is run past the FL,does the name become public knowledge or is it conducted in secrecy ?

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And in another purely speculative punt doesn't Souness have strong links with Israel? Wouldn't be beyond the realms of possibility that Zahavi could be involved in some way with the Souness bid. All guesswork on my part.

 

souness recently put his house on the market for £3.5m.

 

raising funds perhaps???

 

http://blogs.mirror.co.uk/football-banter/2009/03/graeme-souness-puts-house-on-t.html

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Actually, no, they can't decide who owns us. They have no control over the shareholding of a club, only who is a Director of a football club. They can bar people from being club directors if they have recent convictions for relevant criminal offences including fraud and dishonesty, have been banned for misconduct from any other sports, or are undischarged bankrupts.

 

Quite reasonable, IMO and makes them far from the c**ts you make them out to be.

 

Was there anything fraudulent or dishonest in the way that SLH went into administration? If that became clearly the case would it not prevent any spectres, currently hovering, from returning?

 

Just questions, not allegations!

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Actually, no, they can't decide who owns us. They have no control over the shareholding of a club, only who is a Director of a football club. They can bar people from being club directors if they have recent convictions for relevant criminal offences including fraud and dishonesty, have been banned for misconduct from any other sports, or are undischarged bankrupts.

 

Quite reasonable, IMO and makes them far from the c**ts you make them out to be.

 

Mmmm, only 'fit and proper' extends to just what's been pinned on someone... where their finance comes from, how many people have suffered in its generation and what the likely outcome of the total unbalance resulting from the use of that finance in the market for players is irrelevant to them though... I wouldn't say they were c's, but they are weak, myopic and remote from the reality of life for provincial clubs who were forced/encouraged to invest in Premiership infrastructure and then deprived of Premiership income.

 

In short, they would be happiest if every club was owned by some rich foreign owner... now that doesn't present a long-term issue does it...

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