Jump to content

Pinnacle Led Bid Latest- Premiership in Five Years


John B

Recommended Posts

Although its nice to hear little snippets of possibles, are statements being released to the echo to try and get a bit of support to try and help win the bid? Does that then mean this bid is not as strong as we all may hope?

 

Dont mean to be pesamistic but with LLS's tactics of telling everyone what is going to happen then promptly providing F All I get a little suspicious with any other possible buyers conducting their business in the press.

Link to comment
Share on other sites

That's true. But, to get the right manager you need to spend cash though. And in our case - with the stripping out of the team this summer - we'll need to spend a packet on new players.

 

We need to get someone like Ince IMHO, on a long contract, and with some cash to buy the nucleus of a decent side. Our current players and manager (& -10pts) are likely to relegate us.

Agree - the more I think about it, the better Ince seems to be as a managerial choice. He has experience in the lower leagues, has great experience as a player and numerous contacts, and he also has something to prove post-Blackburn. If we could tie him into our long term plan I think it could work really well - of course, it would also need the new owners to convince him what we can match his ambition!!!

Edited by SW11_Saint
Link to comment
Share on other sites

Talk is cheap - let's see if they get the opportunity to put their money where their mouth is.

 

What little I do know rearding this bid puts it about 1 step up from the monkey chicken.

 

Anyone really serious and ITK and you never get to hear anything until it has all happened. The only thing you do get snippits from are the chancers, trying to group sufficient funds from a myriad of investors. When you get potential buyers having to leak and self promote at every opportunity, you don't require qualifications in home economics to work this one out. If anyone predicted the SISU bid then fair enough, otherwise they are just floating their boat with this ******.

Link to comment
Share on other sites

Agree - the more I think about it, the better Ince seems to be as a managerial choice. He has experience in the lower leagues, has great experience as a player and numerous contacts, and he also has something to prove post-Blackburn. If we could tie him into our long term plan I think it could work really well - of course, it would also need the new owners to convince him what we can match his ambition!!!

 

Ince will be found out to be a terrible manager.

Link to comment
Share on other sites

The team to get us up from league 1 compared to a team to get us up from CCC will be very different. The manager needs to have experience / understanding of both

 

i don.t think nigel pearson had much experience when he took the leicester job and what a great job he did there.

Link to comment
Share on other sites

Not claiming to be ITK, not by a long shot, but was told yesterday by a Bournemouth fan- he tipped me off about Lowe's return long before this site did- that the Pinnacle bid is extremely well financed and certain to be Fry's preferred bid. Ignore it if you want, class it as bullsh*t, I'm not fussed. Just wanted to pass on the good news in good faith!

Link to comment
Share on other sites

Not claiming to be ITK, not by a long shot, but was told yesterday by a Bournemouth fan- he tipped me off about Lowe's return long before this site did- that the Pinnacle bid is extremely well financed and certain to be Fry's preferred bid. Ignore it if you want, class it as bullsh*t, I'm not fussed. Just wanted to pass on the good news in good faith!

 

 

Thanks - thats the way I like my ITK's, heres what I was told, I'm passing it on and you can do with it what you want.

Link to comment
Share on other sites

Not claiming to be ITK, not by a long shot, but was told yesterday by a Bournemouth fan- he tipped me off about Lowe's return long before this site did- that the Pinnacle bid is extremely well financed and certain to be Fry's preferred bid. Ignore it if you want, class it as bullsh*t, I'm not fussed. Just wanted to pass on the good news in good faith!

 

Which surely implies said Bournemouth fan has knowledge of the other bids too.

 

I think we will end up with a new owner from out of nowhere; someone none of us has ever heard of, and who hasn't had any ITK claims, rumours etc.

Link to comment
Share on other sites

Not claiming to be ITK, not by a long shot, but was told yesterday by a Bournemouth fan- he tipped me off about Lowe's return long before this site did- that the Pinnacle bid is extremely well financed and certain to be Fry's preferred bid

 

Is he a Life Long Cherry fan? :)

Link to comment
Share on other sites

Which surely implies said Bournemouth fan has knowledge of the other bids too.

 

I think we will end up with a new owner from out of nowhere; someone none of us has ever heard of, and who hasn't had any ITK claims, rumours etc.

 

He knows about the club, as I said he tipped me off about Lowe. His source of information is from the club itself rather than either of the bids. To be honest, if there is one that comes from nowhere that's better I'd like it too! I just wanted to mention this because we all seem to have a bit of a doomed philosophy about it all. There is hope!

Link to comment
Share on other sites

According to today's Echo

 

Pinnacle's clients are awaiting legal advice on whether the 10 point deduction can be overturned. That advice from an independent barrister is expected imminently. But it is understood that even if there are sufficient grounds for the decision to be overturned the deal will not be scuppered, although the amount of finance needed for the 5 year plan would change.

 

The late Canadian interest is based on the Council buying the stadium and leasing it back.

Link to comment
Share on other sites

According to today's Echo

 

Pinnacle's clients are awaiting legal advice on whether the 10 point deduction can be overturned. That advice from an independent barrister is expected imminently. But it is understood that even if there are sufficient grounds for the decision to be overturned the deal will not be scuppered, although the amount of finance needed for the 5 year plan would change.

 

The late Canadian interest is based on the Council buying the stadium and leasing it back.

 

Interesting - Sounds plausible, on taking legal advice. I like the sound of these guys. As to the Canadian bid that could be interesting, is it because they haven't got too much dosh or is it that they want to invest more in the team but want a guarantee of a ground?

Link to comment
Share on other sites

According to today's Echo

 

Pinnacle's clients are awaiting legal advice on whether the 10 point deduction can be overturned. That advice from an independent barrister is expected imminently. But it is understood that even if there are sufficient grounds for the decision to be overturned the deal will not be scuppered, although the amount of finance needed for the 5 year plan would change.

 

The late Canadian interest is based on the Council buying the stadium and leasing it back.

 

Cheers Duncan.

 

Any idea what the latest chances are of the Council buying the stadium and thus the viability of the Canadian interest?

Link to comment
Share on other sites

But it is understood that even if there are sufficient grounds for the decision to be overturned the deal will not be scuppered, although the amount of finance needed for the 5 year plan would change.

 

Sorry, one more query...so, in other words, if the 10 point penalty sticks then they would be inclined to plough more money in to overcome the handicap? (as opposed to extending the 'plan' beyond five years).

 

Apologies if that's a bit of an obvious question!

Link to comment
Share on other sites

Sorry, one more query...so, in other words, if the 10 point penalty sticks then they would be inclined to plough more money in to overcome the handicap? (as opposed to extending the 'plan' beyond five years).

 

Apologies if that's a bit of an obvious question!

 

That's how I read it.

Link to comment
Share on other sites

That's how I read it.

 

Which gets me thinking....if they're prepared to pump, say, an extra £5m into the squad to overcome the 10 point handicap why not pump that money in anyway to get closer to guaranteeing instant promotion?

 

In other words, if there is additional funding at their disposal why not use it regardless of point penalties? Unless they're looking at investing the bare minimum to achieve promotion, which is a difficult balancing act IMHO, and banking the 'spare' money for a further push the following season?

Link to comment
Share on other sites

It's a relatively minor point but the obvious Christian religious connotations of the term 'Saints' could actually be a negative factor in certain parts of the world .

 

Yes, yes it is.

 

I'm bothered by the name 'Southampton'. It will seem a little parochial in some parts of the world. I think we should be renamed 'Global village FC'

Link to comment
Share on other sites

Which gets me thinking....if they're prepared to pump, say, an extra £5m into the squad to overcome the 10 point handicap why not pump that money in anyway to get closer to guaranteeing instant promotion?

 

In other words, if there is additional funding at their disposal why not use it regardless of point penalties? Unless they're looking at investing the bare minimum to achieve promotion, which is a difficult balancing act IMHO, and banking the 'spare' money for a further push the following season?

 

If they have a 5 year plan based on X I would imagine the funding options change if you end up with Y. A prudent approach or a worrying one? Until we know who they actually are and can understand their potential input (£) we won't know.

Link to comment
Share on other sites

I'm bothered by the name 'Southampton'. It will seem a little parochial in some parts of the world. I think we should be renamed 'Global village FC'

 

 

'Red Devils' doesn't seem to have affected Man utd's marketable image!!!!

Link to comment
Share on other sites

Unless they're looking at investing the bare minimum to achieve promotion, which is a difficult balancing act IMHO, and banking the 'spare' money for a further push the following season?

 

To be honest you don't want to be spending big on L1 standard players. If it was down to me i'd think short term and get some hardened bruisers in on loan or short term contracts. That way you're not saddled with cack if you go up and you can then build again.

 

Lowe's youth only policy doesn't work and i'd hope they'd have learnt from the idiots example of what not to do.

Link to comment
Share on other sites

Sorry, one more query...so, in other words, if the 10 point penalty sticks then they would be inclined to plough more money in to overcome the handicap? (as opposed to extending the 'plan' beyond five years).

 

Apologies if that's a bit of an obvious question!

 

That bit wasn't made clear - I assume the latter.

 

And there was no further mention of the Canadian consortium and the council but I would assume the Canadians can't afford a total buy out which doesn't make them look particularly affluent.

Link to comment
Share on other sites

According to today's Echo

 

Pinnacle's clients are awaiting legal advice on whether the 10 point deduction can be overturned. That advice from an independent barrister is expected imminently. But it is understood that even if there are sufficient grounds for the decision to be overturned the deal will not be scuppered, although the amount of finance needed for the 5 year plan would change.

 

The late Canadian interest is based on the Council buying the stadium and leasing it back.

 

OK - if this is true on the Canadian bid I wouldnt right it off but I would prefer to opt for the MLT consortium as it hints on a lack of funding. But I say that without knowing the facts - it may be a good idea.

 

Pinnacle are wise here. The 10 points deduction mean that any plan to hit the Premier League in 5 years is almost certainly delayed a year. Thus funding would need to be more cleverly spread or increased and may impact on the type of manager employed.

 

MLT's association gives me a degree of confidence I have to say. Certainly seems to be the best 'feel good factor' bid.

Link to comment
Share on other sites

That bit wasn't made clear - I assume the latter.

 

And there was no further mention of the Canadian consortium and the council but I would assume the Canadians can't afford a total buy out which doesn't make them look particularly affluent.

 

Cheers...so tends to rule out the likes of Maple Leaf Sports then.

 

Wasn't one of the 'directors' of Trican (Marc Jackson's previous consortium vehicle) a Canadian?

Edited by trousers
Link to comment
Share on other sites

Which gets me thinking....if they're prepared to pump, say, an extra £5m into the squad to overcome the 10 point handicap why not pump that money in anyway to get closer to guaranteeing instant promotion?

 

In other words, if there is additional funding at their disposal why not use it regardless of point penalties? Unless they're looking at investing the bare minimum to achieve promotion, which is a difficult balancing act IMHO, and banking the 'spare' money for a further push the following season?

 

I suspect becuase if they need to plough in an extra £5m this will need to be financed from somewhere.

 

The most obvious way of doing this is to reduce the offer made to Mr.Fry.

 

So without the 10 point deduction - £10m to buy the club, £20m to get to the Prem

 

With the points deduction they expect it to cost £25m to get to the prem and so have to reduce the offer to Mr. Fry to £5m.

 

(Numbers completely made up and just round numbers plucked from thin air)

Link to comment
Share on other sites

I suspect becuase if they need to plough in an extra £5m this will need to be financed from somewhere.

 

The most obvious way of doing this is to reduce the offer made to Mr.Fry.

 

So without the 10 point deduction - £10m to buy the club, £20m to get to the Prem

 

With the points deduction they expect it to cost £25m to get to the prem and so have to reduce the offer to Mr. Fry to £5m.

 

(Numbers completely made up and just round numbers plucked from thin air)

 

Could be that if we are to lose the 10 points (which we are) the price of the Club is less and Fry is forced to sell for a smaller price thus releasing more funds for managerial selection and players. They may be waiting to assess exactly how much the manager is going to get to spend.

Link to comment
Share on other sites

To be honest you don't want to be spending big on L1 standard players. If it was down to me i'd think short term and get some hardened bruisers in on loan or short term contracts. That way you're not saddled with cack if you go up and you can then build again.

 

Lowe's youth only policy doesn't work and i'd hope they'd have learnt from the idiots example of what not to do.

 

If we got a manager with pulling power installed at a club with a new found belief in itself then maybe we could keep\attract players that would get us out of Div 1 and still be good enough to compete in the championship.

 

With a set of decent players we wouldn't have to overhaul, just buy in 1 or 2 key areas.

Link to comment
Share on other sites

Cheers...so tends to rule out the likes of Maple Leaf Sports then.

 

Wasn't one of the 'directors' of Trican (Marc Jackson's previous consortium vehicle) a Canadian?

 

All of Wacko Jacko's pronouncements have sort of become jumbled up in my head over the years - I don't think even he rembers half of what he has said or claimed.

Link to comment
Share on other sites

Interesting - Sounds plausible, on taking legal advice. I like the sound of these guys. As to the Canadian bid that could be interesting, is it because they haven't got too much dosh or is it that they want to invest more in the team but want a guarantee of a ground?

 

 

Maybe that how they do things in Canada.

 

Regards

 

 

Morph

Link to comment
Share on other sites

Agree - the more I think about it, the better Ince seems to be as a managerial choice. He has experience in the lower leagues, has great experience as a player and numerous contacts, and he also has something to prove post-Blackburn. If we could tie him into our long term plan I think it could work really well - of course, it would also need the new owners to convince him what we can match his ambition!!!

 

Very good point. The managerial selection is the most obvious statement of intent of any new owner. Picking Ince for me says we want to get to the Premiership. The only other manager with the desire and skill for me has just gone to Norwich and to be honest Keano would probably have not been as popular as Ince may be.

Link to comment
Share on other sites

Very good point. The managerial selection is the most obvious statement of intent of any new owner. Picking Ince for me says we want to get to the Premiership. The only other manager with the desire and skill for me has just gone to Norwich and to be honest Keano would probably have not been as popular as Ince may be.

Who has gone to Norwich i thought thye had kept Gunn??

Link to comment
Share on other sites

How strange that we are talking about what "they" will do, whilst having no idea who "they" are..

Alps, if you have looked at the Pinnacle website that had been thrown together IMO would it not worry you a tad.I dont wish to disrespect anybody who is trying to save the club but it struck me as a rush job.Why and what point was there to putting up such a site that seemed so unprofessional...to me anyway. Were they expecting loads of business from it?

It keeps the alarm bells ringing.Anybody would know as soon as the company name came out everyone would be Googleing it and so why do it?? Loads of questions that i cant tally.

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...