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MLT on SSN confirmation of Consortium involvment


Griffo

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So then to sum up 11 pages of mass hysteria and wild speculation:

 

Nothing is definitely happening but we haven't yet gone out of existence either.

 

Is that about right ?

 

I guess it is, They do say that no news is good news, however, as far as Saints are concerned I am begining to wonder.

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No, there isn't. I dont know much about the tabled bid, but you are right, its MF's decision based on what the creditors are asking and what they are willing to accept. It would be very upsetting for us fans if the best deal for the creditors was accepted against the best deal for the club and fans - harsh reality of the situation Lowe has got us into I suppose.

 

I just know there is a lot energy and vision involved with the bid in the works, I hope enough to trump the former bid which I don't think has the Club's best interests at heart.

 

I don't mind in the least you supporting your mate's yet to be submitted bid.

 

I do have a problem with you making unsubstantiated criticisms of a submitted bid, insinuating that it doesn't have the club's best interests at heart.

 

As all the parties are subject to NDA's and the other two parties are obviously respecting the NDA, it is a strange situation when Lynam's clients are on one hand are calling for privacy and at the same time you are on here making statements like that.

 

It is high time everybody takes a step back and let's this take it's course.

 

I will say, I know the identity of the Pinnacle group and will pass that information to the media if this crap continues.

 

Don't say you haven't been warned.

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I don't mind in the least you supporting your mate's yet to be submitted bid.

 

I do have a problem with you making unsubstantiated criticisms of a submitted bid, insinuating that it doesn't have the club's best interests at heart.

 

As all the parties are subject to NDA's and the other two parties are obviously respecting the NDA, it is a strange situation when Lynam's clients are on one hand are calling for privacy and at the same time you are on here making statements like that.

 

It is high time everybody takes a step back and let's this take it's course.

 

I will say, I know the identity of the Pinnacle group and will pass that information to the media if this crap continues.

 

Don't say you haven't been warned.

 

This is a public forum for debate on hearsay, gossip, rumour and third hand soundbytes fella. Doesn't really matter what anyone has heard or what they think or what they post on here for the entertainment of the masses.

 

Mark Fry will make an informed decision with all the facts at hand. Obviously you have never expressed an opinion on a rumour on here?

Edited by The Farmer
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Don't be a ***** derry. Why would you want to do something like that which would achieve nothing except harming the club

 

Read the post again. I'm sick of this spinning and as far as I'm concerned it's time to draw a line under it.

 

If they try and rubbish other bids knowing that the media read this forum whilst at the same time saying they don't know what the other bid is, it's time to draw a line in the sand.

 

I don't expect to be called on this but I happen to think that a late bid like this, is in fact not helpful we need to get this sorted sooner rather than later.

 

A month has gone by now and the club is hanging on by the skin of it's teeth.

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The administrator will pick whoever gives the most cash to the creditors - it's pointless debating which bid is best for the club - it wont matter a bit to Mr Fry, he's just doing a job for the bank.

 

In a way, whoever can/is willing to stump up enough cash is the best bid anyway.

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This is a public forum for debate on hearsay, gossip, rumour and third hand soundbytes fella. Doesn't really matter what anyone has heard or what they think or what they post on here for the entertainment of the masses.

 

Mark Fry will make an informed decision with all the facts at hand. Obviously you have never expressed an opinion on a rumour on here?

 

There is a big difference between discussing rumours and you talking about people you know, a bid and a plan you know about being put in place and then talking about another bid not being in the best interests of the club.

 

It's not on.

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No, there isn't. I dont know much about the tabled bid, but you are right, its MF's decision based on what the creditors are asking and what they are willing to accept. It would be very upsetting for us fans if the best deal for the creditors was accepted against the best deal for the club and fans - harsh reality of the situation Lowe has got us into I suppose.

 

I just know there is a lot energy and vision involved with the bid in the works, I hope enough to trump the former bid which I don't think has the Club's best interests at heart.

 

That is a totally out of order statement.

 

What do we know about the pinnicle non bid so far.....

 

MLT is behind it .........errr no MLT will support any bid that is going to take the club forward.

 

We know your business plan

 

we know you pick of manager

 

We know you have yet to step up and put a bid on the table !!!

 

What do you or anyone know of the other bid ......Nothing.

 

Except that they have had the balls to put the money on line for the good of the club.

 

Respectfully I suggest you wind it in until your bid stump and even then I would be very careful about bad mouthing the other bid or your principals are probably going to get a call from an upset Mark Fry after recieving a complaint about the manner in which you sir are presnting yourself.

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I think we all need to calm down,and try not to get too hot under the collar !

 

Let's just accept that all parties involved are striving to bring about a deal, that will hopefully satisfy Mark Fry and the fans ?

 

Good news around the corner,let's keep fingers crossed.

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The administrator will pick whoever gives the most cash to the creditors - it's pointless debating which bid is best for the club - it wont matter a bit to Mr Fry, he's just doing a job for the bank.

 

In a way, whoever can/is willing to stump up enough cash is the best bid anyway.

 

Derry - I would imagine that Mr Fry is on the case. He will need to (if he hasn't already) put a time limit in place based on what he knows re our finances.

 

Not if a bid gets withdrawn because the bidder runs out of patience.

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Read the post again. I'm sick of this spinning and as far as I'm concerned it's time to draw a line under it.

 

If they try and rubbish other bids knowing that the media read this forum whilst at the same time saying they don't know what the other bid is, it's time to draw a line in the sand.

 

I don't expect to be called on this but I happen to think that a late bid like this, is in fact not helpful we need to get this sorted sooner rather than later.

 

A month has gone by now and the club is hanging on by the skin of it's teeth.

 

You are giving our opinions too much credit!!! As if, out of the thousands of posts on here, any hold any weight in the real world of cold hard cash. Talk of slapped wrists cos of a few lines on a football forum, please!!

 

Why throw your toys out of your pram about some opinion on a forum anyway I wonder, sensing some undue venom around from the man on the street on here.

 

I'm glad there are bids, I'm glad I'm hearing some exciting stuff about one of them, and as I said I don't know the ins and outs of the others, just formed an opinion of what is out in the public domain - but my tuppence worth don't mean jack in reality.

Edited by The Farmer
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I don't mind in the least you supporting your mate's yet to be submitted bid.

 

I do have a problem with you making unsubstantiated criticisms of a submitted bid, insinuating that it doesn't have the club's best interests at heart.

 

As all the parties are subject to NDA's and the other two parties are obviously respecting the NDA, it is a strange situation when Lynam's clients are on one hand are calling for privacy and at the same time you are on here making statements like that.

 

It is high time everybody takes a step back and let's this take it's course.

 

I will say, I know the identity of the Pinnacle group and will pass that information to the media if this crap continues.

 

Don't say you haven't been warned.

 

Derry, whilst I understand what you are saying, I do not believe why you would possibly want to upset the wheels which are no doubt in motion.

You are not the clubs custodian, although you may have the best intentions, lets all just reign it in until we hear an announcement that MF has made a decision based on what is best for the creditors

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I'm going to contradict my earlier posts - I'm actually a little lost. I took the bull by the horns and phoned this pinnacle lot earlier and posted their reply. But I find it odd that the echo apparently 'deny' speaking with MLT about this. Surely they would have done some background before coming out with that??? As regards MLT - does anyone actually know him??? I'll go (back) to sleep when he confirms some substance to these speculative "quotes"

 

I am still confused with this - you seem to be giving close information but on other hand contrdicting Fry who clearly states he has not been talking with MLT??:confused:

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You are giving our opinions too much credit!!! As if, out of the thousands of posts on here, any hold any weight in the real world of cold hard cash. Talk of slapped wrists cos of a few lines on a football forum, please!!

 

Why throw your toys out of your pram about some opinion on a forum I wonder, sensing some undue venom around from the man on the street on here.

 

I'm glad there are bids, I'm glad I'm hearing some exciting stuff about one of them, and as I said I don't know the ins and outs of the others, just formed an opnion of what is out in the public domain - but my tuppence worth don't mean jack in reality.

 

Fine, I get your drift, and I'm sure you got mine.

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Derry, whilst I understand what you are saying, I do not believe why you would possibly want to upset the wheels which are no doubt in motion.

You are not the clubs custodian, although you may have the best intentions, lets all just reign it in until we hear an announcement that MF has made a decision based on what is best for the creditors

 

Which is where I came in. Leave it to the administrators and leave the spin and innuendo until a result is declared.

 

I don't want to see the only bidder we have walk away. I'm sure MF is working his socks off to resolve the situation, however at present there is only one bid on the table.

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Look, whilst it is a rather simplistic view, there are two parties interested in buying, and therefore saving this club we all support - with the possible exception of 19C that is (!!!) - one has their bid in and the other, by all accounts, are rushing to put theirs together.

 

A few weeks ago we feared we would not have a club to support or just as bad was the prospect that Lowe would try to buy it on the cheap and carry on his mad experiments !

 

lets all calm down, let the people who have to do their jobs get on with it and may the best bid win. None of us have crystal balls, none of us know which will turn out the best so lets not start *****ing at each other cos we all want the same thing - a bright future for Southampton FC - and if people are willing to put a lot of money in to save the club then so do they !!

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Look, whilst it is a rather simplistic view, there are two parties interested in buying, and therefore saving this club we all support - with the possible exception of 19C that is (!!!) - one has their bid in and the other, by all accounts, are rushing to put theirs together.

 

A few weeks ago we feared we would not have a club to support or just as bad was the prospect that Lowe would try to buy it on the cheap and carry on his mad experiments !

 

lets all calm down, let the people who have to do their jobs get on with it and may the best bid win. None of us have crystal balls, none of us know which will turn out the best so lets not start *****ing at each other cos we all want the same thing - a bright future for Southampton FC - and if people are willing to put a lot of money in to save the club then so do they !!

 

Sums it up for me.

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Which is where I came in. Leave it to the administrators and leave the spin and innuendo until a result is declared.

 

I don't want to see the only bidder we have walk away. I'm sure MF is working his socks off to resolve the situation, however at present there is only one bid on the table.

 

I agree entirely, except I don't think it is your position to be outing the other bid to ensure it fails.

I also now who they are but wouldn't contemplate an attempt to disrupt a potential bid, that is down to MF through discussions with all parties involved.

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As I understand it we have 1 bid on table and the other 'has' to be in by tomorrow morning. I'm GUESSING this is some sort of deadline for all bids set down by MF...

If so we only have to wait till MF and his team have a good look through them, do a few sums, make a few calls to the creditors, and in no time we will know.

 

Lets just wait a couple of days and no doubt we will all be mighty relieved.

 

Lets just all, sit down ,shut up, and wait.

Edited by landford.saint
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You are giving our opinions too much credit!!! As if, out of the thousands of posts on here, any hold any weight in the real world of cold hard cash. Talk of slapped wrists cos of a few lines on a football forum, please!!

 

Why throw your toys out of your pram about some opinion on a forum anyway I wonder, sensing some undue venom around from the man on the street on here.

 

I'm glad there are bids, I'm glad I'm hearing some exciting stuff about one of them, and as I said I don't know the ins and outs of the others, just formed an opinion of what is out in the public domain - but my tuppence worth don't mean jack in reality.

 

So you don't think the people behind the one bid lodged have the best interests of the club at heart yet you don't know the ins and outs just what is in the public domain.

 

Most people have agreed nothing is in the public domain about that bid.

 

People have put you forward as a known and respected poster but, to me, you are risking becoming another ITKer, in the long line of LLS, St David, etc.

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With regards to the creditors, is it just a simple case of accept the most cash for the club, or could a bidder put forward a deal which means they get more if the club is successful in the future?

 

What I'm getting at is would the future of the club AFTER the sale be of any interest to the creditors? Because if it did then surely any MLT bid would have an advantage over any Lowe offer.

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I agree entirely, except I don't think it is your position to be outing the other bid to ensure it fails.

I also now who they are but wouldn't contemplate an attempt to disrupt a potential bid, that is down to MF through discussions with all parties involved.

 

I'm not publishing the names, I'm not disrupting a potential bid, what I am trying to do is draw a line in the sand. It is time we allowed due process to take place.

 

I have no problem with people supporting people they know, I do have a problem with the rubbishing of the only bid which has been on the table since about the 24th April.

 

The bidder could well be getting fed up with the waiting about, while as yet only potential bidders are holding things up.

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I feel this thread and related threads be locked now until a decision is made. I am concerned that itk'ers scrapping on here will not help the cause one bit and in fact possibly harm what is going on in the background.

 

Surely no one reads this sh**?

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I think this thread has run its course. It's all getting a bit heated now and I feel it's time for us fans to just sit back and wait to see what happens. At the end of the day, what we say on here won't have an effect on whose bid gets accepted by the administrators.

 

The way I see it, is that it's now up to the Pinnacle consortium to get their bid in, and then it's down to Fry to accept one of the two bids on the table, assuming the consortium who made the first bid don't get fed up with waiting and withdraw their offer.

 

It's my opinion that we're likely to hear something this week, so after waiting for so long for a takeover to happen, I see no harm in waiting a few more days to hear the outcome. Enough has been said, lets just relax and wait for Fry to let us fans know what's going on.

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What I'm getting at is would the future of the club AFTER the sale be of any interest to the creditors? Because if it did then surely any MLT bid would have an advantage over any Lowe offer.

 

I thought we established there is no lowe involvement.

Dont start dragging that ***** up again please.

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I thought we established there is no lowe involvement.

Dont start dragging that ***** up again please.

 

A bunch of ITKs on here cannot establish **** all, if any of the ITK crowd were to be believed we would be Paul Allen's Champions League play thing right now.

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The media use the forum, definitely Solent, Radio Hampshire and the Echo.

Surely even the laziest of low-rent hacks can see that this thread is pure speculation, assumption, conjecture and bulls**t (in even measures).....

 

....then again, maybe not.

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Surely even the laziest of low-rent hacks can see that this thread is pure speculation, assumption, conjecture and bulls**t (in even measures).....

 

....then again, maybe not.

 

Not when emails from Lynam are reproduced, obvious contacts are laid out, opinions from those in contact.

 

I'll be relieved when all this is history, as long as we are still going.

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Derry/Farmer/everyone else

 

I think you're all right in some ways. Some want to support people they know/heard of.... some want to support ANY bid. The harsh reality in life is if Mr Fry believed the bid he has was acceptable then he'd jump at it, so theres clearly some parts of that that we don't know. As for a potential bid, I really hope there is another, preferably more as the more options the better presumably for the Club. What I don't however agree with is everyone arguing about things they suggest they know. As far as I see it, no details of any bid has been released to the public, and you wouldnt expect it to be! The only losers in us arguing amongst each other is the credability of a public forum/debate. I for one for what its worth support the MLT scenario as I'd love to see him back where he belongs. BUT, if you read the statement in the echo, its clear that they havent been working on it for long "in the short time available to us" which suggests that 1) there must be a deadline and 2) they want to make a detailed bid. If they don't have the time to make such a bid, then I vote we all get behind ANY bid which Fry deems acceptable???

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Derry/Farmer/everyone else

 

I think you're all right in some ways. Some want to support people they know/heard of.... some want to support ANY bid. The harsh reality in life is if Mr Fry believed the bid he has was acceptable then he'd jump at it, so theres clearly some parts of that that we don't know. As for a potential bid, I really hope there is another, preferably more as the more options the better presumably for the Club. What I don't however agree with is everyone arguing about things they suggest they know. As far as I see it, no details of any bid has been released to the public, and you wouldnt expect it to be! The only losers in us arguing amongst each other is the credability of a public forum/debate. I for one for what its worth support the MLT scenario as I'd love to see him back where he belongs. BUT, if you read the statement in the echo, its clear that they havent been working on it for long "in the short time available to us" which suggests that 1) there must be a deadline and 2) they want to make a detailed bid. If they don't have the time to make such a bid, then I vote we all get behind ANY bid which Fry deems acceptable???

 

Agreed, but it's still a question of judgement, how long can MF wait for the bids to get the best deal for the shareholders and creditors, whilst the club stays in business and the only bid on the table stays there.

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I dont know mate, I presume the only person who can answer the $64m question is MF himself. But if i was a betting man Id suggest that if what is on the table was good enough he would have said yes already??? This club needs a decent new owner, a plan to get us out of the **** and UNITY of the fans. Frictions and arguments serve nobodys interests

Amen!!

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I dont know mate, I presume the only person who can answer the $64m question is MF himself. But if i was a betting man Id suggest that if what is on the table was good enough he would have said yes already??? This club needs a decent new owner, a plan to get us out of the **** and UNITY of the fans. Frictions and arguments serve nobodys interests

Amen!!

 

I think he wants to be fireproof and not be accused of omitting a better bid if only in retrospect.

 

I think we have to be close to the end game as we probably can hopefully afford to pay this months wages, but after the match/concert there is no more money coming in.

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I dont know mate, I presume the only person who can answer the $64m question is MF himself. But if i was a betting man Id suggest that if what is on the table was good enough he would have said yes already??? This club needs a decent new owner, a plan to get us out of the **** and UNITY of the fans. Frictions and arguments serve nobodys interests

Amen!!

 

I was thinking the same but, I guess, if the administrator is aware of another imminent bid, he has a duty to the creditors to see what that has to offer before accepting the first bid, acceptable or otherwise. I guess it all boils down to who is offering the most pounds, shillings and pence.

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Surely no one reads this sh**?

 

good point well made!

 

if someone wants to spend £40m on a business in the international media (well sometimes) with a customer base of 30,000 plus income from tv etc there is no way on earth they will not buy it due to a forum viewed by 100 odd fans.

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I was thinking the same but' date=' I guess, if the administrator is aware of another imminent bid, he has a duty to the creditors to see what that has to offer before accepting the first bid, acceptable or otherwise. I guess it all boils down to who is offering the most pounds, shillings and pence.[/quote']

 

 

He's waited 12 days tomorrow, if he doesn't get a bid shortly there may well be just the one. I can't see him hanging on much longer.

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Not when emails from Lynam are reproduced, obvious contacts are laid out, opinions from those in contact.

 

I'll be relieved when all this is history, as long as we are still going.

 

if someone feels the need to leak on here think you are safe in assuming they are also emailing local sports reporters

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if someone feels the need to leak on here think you are safe in assuming they are also emailing local sports reporters

 

They obviously did with MLT's tenuous connection plastered everywhere. Why would any substantial bidder need to leak like a sieve? Except to buy time.

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ego?

 

If they are substantial, and want secrecy, employing a consultant to front the operation, they could have just put a bid in.

 

The MLT thing appears to be a way of buying time. If tomorrow is the deadline it will be interesting to see what happens.

 

A preferred bidder will have to be announced shortly.

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I was thinking the same but' date=' I guess, if the administrator is aware of another imminent bid, he has a duty to the creditors to see what that has to offer before accepting the first bid, acceptable or otherwise. I guess it all boils down to who is offering the most pounds, shillings and pence.[/quote']

 

If he can get more than one bid then he can try to get them to bid higher against each other - hard to do with only one! But, as Derry has said, he runs the risk of losing the one bid he has if he waits too long. Then again, Mark Fry knows what he is doing so hopefully he gets it right and gets the best possible price!

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