lancelot link Posted 2 May, 2009 Share Posted 2 May, 2009 Id rather hear it from MLT or perhaps even Mr Fry? But watch this space.... Link to comment Share on other sites More sharing options...
sotonist Posted 2 May, 2009 Share Posted 2 May, 2009 It's a dead loss, isn't it. Get on with your lives. I wish I could follow my own advice. Link to comment Share on other sites More sharing options...
aintforever Posted 2 May, 2009 Share Posted 2 May, 2009 I'm starting to fear the worst, it's all too quiet. If anyone was about to put a bid in there would be more rumours in the press, these sort of things are very hard to keep totally quiet. Link to comment Share on other sites More sharing options...
Saints foreva Posted 2 May, 2009 Share Posted 2 May, 2009 I'm starting to fear the worst, it's all too quiet. If anyone was about to put a bid in there would be more rumours in the press, these sort of things are very hard to keep totally quiet. That could be a sign that things are being done properly? But with this being Saints.. I doubt it. Link to comment Share on other sites More sharing options...
Horley CTFC Saint Posted 2 May, 2009 Share Posted 2 May, 2009 The worrying bit is the Inland Revenue. They do not agree to CVAs, unless they get every single penny of what they are owed. To this point, I thought we were up to date with them? Minus 10 is not the end of the penalties if this is true. HRMC is not owed enough to be a worry - only £2m - they'll be outvoted by the other creditors in a CVA proposal. Bigger worrry will be the football creditors because without these being paid 100% expect further League sanctions to be applied Link to comment Share on other sites More sharing options...
TheSaint75 Posted 3 May, 2009 Share Posted 3 May, 2009 Has anybody any real idea how long we have got left without major cash injection? I am starting to get worried, and some thought it would be a breeze being in admin! Link to comment Share on other sites More sharing options...
saintwarwick Posted 3 May, 2009 Share Posted 3 May, 2009 http://www.timesonline.co.uk/tol/sport/football/football_league/article6211415.ece I loved the bit where it said "it is believed" which means the journo hasn't got a fecking clue. Link to comment Share on other sites More sharing options...
Toomer Posted 3 May, 2009 Share Posted 3 May, 2009 I have it on good authority that MLT is backing one of the potential buyers who are willing to inject some cash while they carry on their due diligence...... be nice to hear some confirmation of this.... On SSN this morning MLT linked to a property developer with a possible place on the board. Link to comment Share on other sites More sharing options...
DT Posted 3 May, 2009 Share Posted 3 May, 2009 I loved the bit where it said "it is believed" which means the journo hasn't got a fecking clue. Actually, sometimes it means the journo has been told something and can't attribute it. Or is protecting their source. Link to comment Share on other sites More sharing options...
Mole Posted 3 May, 2009 Share Posted 3 May, 2009 MLT back at the club would be ****ing fantastic. Link to comment Share on other sites More sharing options...
stanthemanfairoak Posted 3 May, 2009 Share Posted 3 May, 2009 MLT back at the club would be ****ing fantastic.but why no real news?:confused: Link to comment Share on other sites More sharing options...
Dibden Purlieu Saint Posted 3 May, 2009 Share Posted 3 May, 2009 but why no real news?:confused: Because it's not going to happen. I'm getting ready to say goodbye to the club. Link to comment Share on other sites More sharing options...
RobM Posted 3 May, 2009 Share Posted 3 May, 2009 Because it's not going to happen. I'm getting ready to say goodbye to the club. Or perhaps because it's being done properly, without loud-mouth leaks spoiling the party. If the bidders and administrators are serious and are good at what they do, there will be no leaks and no talk in the press before a deal is done. NDA's will have been signed by all involved. Link to comment Share on other sites More sharing options...
Dibden Purlieu Saint Posted 3 May, 2009 Share Posted 3 May, 2009 Or perhaps because it's being done properly, without loud-mouth leaks spoiling the party. If the bidders and administrators are serious and are good at what they do, there will be no leaks and no talk in the press before a deal is done. NDA's will have been signed by all involved. Just out of interest, why will NDA's have to be signed? There's nothing secret here. Link to comment Share on other sites More sharing options...
um pahars Posted 3 May, 2009 Share Posted 3 May, 2009 Or perhaps because it's being done properly, without loud-mouth leaks spoiling the party. If the bidders and administrators are serious and are good at what they do, there will be no leaks and no talk in the press before a deal is done. NDA's will have been signed by all involved. NDA's will have been signed to protect the various confidential or sensitive bits of information that these parties will now be privy to (contract terms, employee contracts etc etc etc) and to stop them getting out into the public domain. But IMHO, NDA's do not restrict individuals/consortiums from declaring themselves as being interested in buying the Club (or it's assets). Link to comment Share on other sites More sharing options...
Master Bates Posted 3 May, 2009 Share Posted 3 May, 2009 Anyone reckon Mark Wotte might get kept on in some coaching capacity by whoever takes over? I wouldn't mind tbf. Link to comment Share on other sites More sharing options...
RobM Posted 3 May, 2009 Share Posted 3 May, 2009 Just out of interest, why will NDA's have to be signed? There's nothing secret here. Answered by... NDA's will have been signed to protect the various confidential or sensitive bits of information that these parties will now be privy to (contract terms, employee contracts etc etc etc) and to stop them getting out into the public domain. But IMHO, NDA's do not restrict individuals/consortiums from declaring themselves as being interested in buying the Club (or it's assets). I agree that NDA's alone wont stop people declaring their interest publicly, I just hope that they buyers professionalism will do that. We have had enough people at the helm who are desperate to promote themselves and get their name in the press, so I'm really hoping for somebody who wants to get things done in the proper manner before going public. I see no benefit in going public with your interest unless you need the publicity to add weight to your bid. Link to comment Share on other sites More sharing options...
egreog Posted 3 May, 2009 Share Posted 3 May, 2009 hope something happens Tuesday..........if not my guess is the whole thing will fold.........sad, but reality of situation with credit crisis etc means that any purchaser needing to fund by borrowing will find terms far more onerous than 18 mths ago...... hope for best but prepare for worst! Link to comment Share on other sites More sharing options...
charliemiller Posted 3 May, 2009 Share Posted 3 May, 2009 hope something happens Tuesday..........if not my guess is the whole thing will fold.........sad, but reality of situation with credit crisis etc means that any purchaser needing to fund by borrowing will find terms far more onerous than 18 mths ago...... hope for best but prepare for worst! Wont happen stop being dramatic !! Link to comment Share on other sites More sharing options...
Jackie@home Posted 3 May, 2009 Share Posted 3 May, 2009 Anybody wanting to develop the area around the ground (which is what I've heard from someone who does know but is far too professional to tell me - frustrating or what) will have to raise money from the banks - this is never done in cash. This is the major problem. 18 months ago the banks would have lent money to your golden retriever - now they don't want to lend to anyone, except with the most punitive of terms, otherwise I think that a deal would be nearly in the bag by now. By the way, some people have been pretty patronising about MLT. He doesn't deserve it - he's an intelligent guy who has more brains than to ally himself with any old tyre-kicker that comes along. Link to comment Share on other sites More sharing options...
lancelot link Posted 3 May, 2009 Share Posted 3 May, 2009 He's anyone tried to contact the property consultants who SSN referred to? Link to comment Share on other sites More sharing options...
egreog Posted 3 May, 2009 Share Posted 3 May, 2009 Wont happen stop being dramatic !! I hope you are right....... I fear you may not be! Link to comment Share on other sites More sharing options...
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