Alain Perrin Posted 13 May, 2009 Share Posted 13 May, 2009 I'm not siding with anyone. I am just saying if Jackson has anything to do with a bid then it is unlikely to happen. If I'm thirsty I'll go to the fridge. I've never tasted anyone's p*ss and I don't really want to. I am a little worried about you nick. C'mon. Everyone's tasted their own, haven't they........?!?! Link to comment Share on other sites More sharing options...
Window Cleaner Posted 13 May, 2009 Share Posted 13 May, 2009 Why aren't our local MPs getting involved to buy the stadium, surely they could just stick in an expense chit and call it their second home. Just our luck to have the only 2 honest ones,or two who can't write. Link to comment Share on other sites More sharing options...
kpturner Posted 13 May, 2009 Share Posted 13 May, 2009 I've never tasted anyone's p*ss and I don't really want to.Surely everyone has tasted their own??.....haven't they? :smt087 Link to comment Share on other sites More sharing options...
Whitey Grandad Posted 13 May, 2009 Share Posted 13 May, 2009 Why aren't our local MPs getting involved to buy the stadium, surely they could just stick in an expense chit and call it their second home. Just our luck to have the only 2 honest ones,or two who can't write. One of them has already stuck his oar in: http://www.alan-whitehead.org.uk/pr/2009/april07.html Link to comment Share on other sites More sharing options...
dubai_phil Posted 13 May, 2009 Share Posted 13 May, 2009 It's looking increasingly like we might have to... gawd 'elp us. The worrying issue is that there has only been one confirmed bid received. That bid would have had to be made with a full proof of funds and a fixed completion date upon which payment would be due. Not sure how easy it is to fool one of these on-line credit check systems these days Link to comment Share on other sites More sharing options...
INFLUENCED.COM Posted 13 May, 2009 Share Posted 13 May, 2009 Not sure how easy it is to fool one of these on-line credit check systems these days On-line credit checks would offer an indication of working capital, please tell me under these circumstances there is a thorough investigation into proof of funds oppose to logging onto experian Link to comment Share on other sites More sharing options...
dubai_phil Posted 13 May, 2009 Share Posted 13 May, 2009 On-line credit checks would offer an indication of working capital, please tell me under these circumstances there is a thorough investigation into proof of funds oppose to logging onto experian How would I know? I don't even know what Experian is over here! How about another way. As an example ONLY, would you need to credit check Paul Allen if it was him and he showed you his last 6 months bank statements? But my host at the weekend who knows this stuff said they had systems for doing this stuff quickly HTH Link to comment Share on other sites More sharing options...
Frank's cousin Posted 13 May, 2009 Share Posted 13 May, 2009 On-line credit checks would offer an indication of working capital, please tell me under these circumstances there is a thorough investigation into proof of funds oppose to logging onto experian I wish I could, but I dont know the criteria that Mr Fry will have established for this - and it seems Mr Jackson went as far as 'saving bournemouth' before the mony seemed to dissappear in a puff of smoke.... Link to comment Share on other sites More sharing options...
Gemmel Posted 13 May, 2009 Share Posted 13 May, 2009 I wish I could' date=' but I dont know the criteria that Mr Fry will have established for this - and it seems Mr Jackson went as far as 'saving bournemouth' before the mony seemed to dissappear in a puff of smoke....[/quote'] That's a very valid point - oh fooook this is doing my head in Link to comment Share on other sites More sharing options...
Weston Saint Posted 13 May, 2009 Share Posted 13 May, 2009 My opinion If you have the right skills you can find investors. Those investors, if interested, can prove funds and go through the early due diligence. If you have the right skills you can get them to the negotiation table with the Administrator and with the right advice reach a point where the investors make an indicative written bid for all or parts of the company. If the Administrator finds the indicative bid is the best deal for the creditors or there is no other indicative bid likely he can then give them preferred bidding status and a period for completeion for due diligence. During that time no other bid can be considered. The Administrator will not be able to give a guarantee that the information he provided fo the initial due diligence will stand up. It is for the indicative bidder to then carry out fairly expensive and extensive due diligence. When that is completed a formal bid is made and completion takes place. Anywhere along the way the "bidder" may withdraw. You can get good money men to the table but lots of things can happen on the way to completion. No one has got to the preferred bidder status yet. One has put in an indicative bid and negotiations seem to be continuing. I am not told the bid has been withdrawn yet or anyone else is at the table. Anyone want to correct my assumptions? All this rumour of a press conference is just that, rumour. The Administrator will report when he is ready. Let us hope it is not to tell everyone that the football club has been liquidated and no more. Link to comment Share on other sites More sharing options...
OldNick Posted 13 May, 2009 Share Posted 13 May, 2009 I'm not siding with anyone. I am just saying if Jackson has anything to do with a bid then it is unlikely to happen. If I'm thirsty I'll go to the fridge. I've never tasted anyone's p*ss and I don't really want to. I am a little worried about you nick.Lol, nice one Wade. Im sure you get the jist of what I mean though Link to comment Share on other sites More sharing options...
aintforever Posted 13 May, 2009 Share Posted 13 May, 2009 but my understanding is Mj has only introduced the buyer and not part isn any of the documentation. It is easy to scoff but how many on here have introduced any buyers???? The problem is MJ would probably have told Fry he was fronting the consortium when the truth is I expect he knows someone who knows someone who might have enough money. Fry thinks the deal is almost there while MJ is trying to sell his plans, complete with Monkeychicken petting zoo, to people who are not even slightly interested and everyone's time is wasted. Link to comment Share on other sites More sharing options...
Weston Saint Posted 13 May, 2009 Share Posted 13 May, 2009 The problem is MJ would probably have told Fry he was fronting the consortium when the truth is I expect he knows someone who knows someone who might have enough money. Fry thinks the deal is almost there while MJ is trying to sell his plans, complete with Monkeychicken petting zoo, to people who are not even slightly interested and everyone's time is wasted.And if you are wrong? Link to comment Share on other sites More sharing options...
NSS Posted 13 May, 2009 Share Posted 13 May, 2009 My opinion If you have the right skills you can find investors. Those investors, if interested, can prove funds and go through the early due diligence. If you have the right skills you can get them to the negotiation table with the Administrator and with the right advice reach a point where the investors make an indicative written bid for all or parts of the company. If the Administrator finds the indicative bid is the best deal for the creditors or there is no other indicative bid likely he can then give them preferred bidding status and a period for completeion for due diligence. During that time no other bid can be considered. The Administrator will not be able to give a guarantee that the information he provided fo the initial due diligence will stand up. It is for the indicative bidder to then carry out fairly expensive and extensive due diligence. When that is completed a formal bid is made and completion takes place. Anywhere along the way the "bidder" may withdraw. You can get good money men to the table but lots of things can happen on the way to completion. Completely agree with you up to that point Ron. Anything beyond that though is indeed speculation. Link to comment Share on other sites More sharing options...
OldNick Posted 13 May, 2009 Share Posted 13 May, 2009 The problem is MJ would probably have told Fry he was fronting the consortium when the truth is I expect he knows someone who knows someone who might have enough money. Fry thinks the deal is almost there while MJ is trying to sell his plans, complete with Monkeychicken petting zoo, to people who are not even slightly interested and everyone's time is wasted.you seem to have utmost confidence that we ahve a raft of choices.Just because MLT has said he would support a bid does not mean A) it is a good bid B) that he wouldnt back the MJ bid C) He is equipped to know what is the best bid(nor am I ) We are getting close to having NO bids NO club NO team to support.I cant believe fans dont understand that we do not have time to b####r about. If MJ's lot take over and keep us going for another 3 months at least that gives time for a better option to come along.Surely if his group have got so far to keep Fry onboard then surley there must be some funds there.Especially as Fry would know of his past reputation. Link to comment Share on other sites More sharing options...
Weston Saint Posted 13 May, 2009 Share Posted 13 May, 2009 Completely agree with you up to that point Ron. Anything beyond that though is indeed speculation.Hi Neil. It appears Pinnacle do not have an interested party anymore? Link to comment Share on other sites More sharing options...
DaintyDave Posted 13 May, 2009 Share Posted 13 May, 2009 Let's take a hypothetical club, AFC DeathEars. AFC DeathEars was up for sale, a middle man appeared claiming connections to such a wealthy individual that, if true, would require no actual diligence doing on them. The administrator said "let me speak to said wealthy individual" and was allowed to talk to one of said wealthy individual's "representatives" who assured everyone that he was in fact working on behalf of said wealthy individual. Based on that, AFC DeathEars was "sold" to the broker and his clients, only for the "wealthy individual" to back out at the 11th hour over technicalities. Said broker then scrambled around trying to find other backers for his grand vision. Fast forward a year later to NorthBaconTown FC and people might wonder whether the same fictitious "wealthy individual" was being used for the same game. Yes, I am a disgruntled Bournemouth fan but not without reason. Sheikh whatever-his-name is has no idea who Mark Jackson is, nor the weird middle man who claims to represent him (or her I think actually) is, it is all a big fairytale. I got to know a couple of the blokes down here at Dean Court who got run over by a big bus of public opinion after the Jackson fiasco here, and they told me stories of frustrating calls where vague promises and allusions to knowing Arab royalty were made, but after it was all done they called the person supposedly backing the whole thing and no-one had a clue who Mark Jackson or Peter something-or-other (the 'representative') were. And now it's happening all over again. I really feel for you all. Dave Link to comment Share on other sites More sharing options...
jimmysaint7 Posted 13 May, 2009 Share Posted 13 May, 2009 Hi Neil. It appears Pinnacle do not have an interested party anymore? why? Link to comment Share on other sites More sharing options...
kpturner Posted 13 May, 2009 Share Posted 13 May, 2009 Hi Neil. It appears Pinnacle do not have an interested party anymore?Did I miss something? Is that a statement or a question? It appears to be the latter, but what made you ask it? Link to comment Share on other sites More sharing options...
Frank's cousin Posted 13 May, 2009 Share Posted 13 May, 2009 (edited) I think these problems all occur because in most cases well meaning, in other cases dillusional folk, see that it might be possible to help. They talk to brokers or indeed act as brokers to try and bring money men to the table. I have no doubt that we had so many interested parties initially who quite honestly believed they had enough connections and ideas to generate interest by backers with the appropriate finance - hense pretty pictures of grandiose property schemes or development opportunities...why? because we all know there is feck all PROFIT in football and that these brokers seem to be targeting those who have made money by making PROFIT by providing venture capital to enterprises that have a potential profit - I doubt that many or any of the 'backers' have any interest in football or in saving saints but have agreed to at least talk to said brokers as they have indicated the opportunity for potential lucrative spin offs, as part of their grandiose plans - Its when it becomes apparent that these schemes are a) risky, b) involve further purchase and serious development costs c) require planning and other consents, etc + possibly having unrealistic figures for the possible returns that these backers quite rightly seem to pull out leaving said brokers alone and stupid looking. What any sensible bid should be looking to do is be REALISTIC - this is about saving a football club with a 124 year history from extinction - not a money making scheme but a business with the potential to grow if well managed and with the infrastructure already in place to support that growth. Yes it should be looking to exploit the potential assets - more concerts, others sports, maybe deal with the council for SMS etc but at all times be realistic about what money is required and what money in needed to be written off based on the current contractual obligations... I do think there are potential backers out there who are realistic in that way, but they cerainly wont be dealing with dreamers and 'local self styled tycoons' - there may be room for a local person to bring the opportunity to their attention, but they would then walk away and let the negotiations begin.... Edited 13 May, 2009 by Frank's cousin Link to comment Share on other sites More sharing options...
Saint 76er Posted 13 May, 2009 Share Posted 13 May, 2009 On another thread it has been suggested that some rugby loving chancer from Gloucestershire has bid for the stadium only (not club). IMO it would be madness for any consortium (assuming there is one) to buy the club but to leave the stadium in someone else's hands. Those people would always have a gun to hold to your head if they wanted to keep screwing more money from the club owners. Now for the frightening bit... the term 'rugby loving' and it's initials give us a clue to another Gloucestershire identity who may well like to purchase the club but perhaps couldn't come up with the readies. However, in true fashion he may possibly be clinging to the coat tails of an acquaintance to whom he had let slip the merits of owning a certain near riverside property in an area with future development potential and would take a small equity himself if the other chap put up most of the dosh. Yes folks, it is horrible to contemplate but one Rupert Lowe could possibly take his ultimate revenge by actually becoming Saints new landlord!!! Now that is a scary prospect, and not too far fetched I should have thought if a consortium is stupid enough to lose control of the club's most vital asset, especially for the comparative peanuts Aviva will probably settle for compared to it's replacement value.... Link to comment Share on other sites More sharing options...
Weston Saint Posted 13 May, 2009 Share Posted 13 May, 2009 (edited) Did I miss something? Is that a statement or a question? It appears to be the latter, but what made you ask it?a ? at the end usually denotes a question. He has emailed me. He does't know or cannot/will not say. Edit. Sorry, my answer looks sarcastic. I apologize, that is not my usual style Edited 13 May, 2009 by Weston Saint Link to comment Share on other sites More sharing options...
amigo1 Posted 13 May, 2009 Share Posted 13 May, 2009 surely mr fry has seen all this before, he knows the serious or otherwise bidders, if we were in that much trouble he would be splashing it all over the press trying to get a bid in. there must be a bid which is acceptable hence the silence ( i hope) Link to comment Share on other sites More sharing options...
jimmysaint7 Posted 13 May, 2009 Share Posted 13 May, 2009 a ? at the end usually denotes a question. He has emailed me. He does't know. who has emailed you weston? Link to comment Share on other sites More sharing options...
John B Posted 13 May, 2009 Share Posted 13 May, 2009 On another thread it has been suggested that some rugby loving chancer from Gloucestershire has bid for the stadium only (not club). IMO it would be madness for any consortium (assuming there is one) to buy the club but to leave the stadium in someone else's hands. Those people would always have a gun to hold to your head if they wanted to keep screwing more money from the club owners. Now for the frightening bit... the term 'rugby loving' and it's initials give us a clue to another Gloucestershire identity who may well like to purchase the club but perhaps couldn't come up with the readies. However, in true fashion he may possibly be clinging to the coat tails of an acquaintance to whom he had let slip the merits of owning a certain near riverside property in an area with future development potential and would take a small equity himself if the other chap put up most of the dosh. Yes folks, it is horrible to contemplate but one Rupert Lowe could possibly take his ultimate revenge by actually becoming Saints new landlord!!! Now that is a scary prospect, and not too far fetched I should have thought if a consortium is stupid enough to lose control of the club's most vital asset, especially for the comparative peanuts Aviva will probably settle for compared to it's replacement value.... I thought that but cannot find any links between Lowe and St Quinton at the moment Although he is involved with Gloucester it does not mean he lives there Link to comment Share on other sites More sharing options...
Alain Perrin Posted 13 May, 2009 Share Posted 13 May, 2009 Please can someone tell me what they have against the MonkeyChicken petting zoo. I, for one, would pay good money to see that. Your problem is you're too obsessed with your Lowe vs Crouch rants to see that that could be a real winner. Link to comment Share on other sites More sharing options...
Toadhall Saint Posted 13 May, 2009 Share Posted 13 May, 2009 surely mr fry has seen all this before, he knows the serious or otherwise bidders, if we were in that much trouble he would be splashing it all over the press trying to get a bid in. there must be a bid which is acceptable hence the silence ( i hope) Well we'll find out in 48 hours. Link to comment Share on other sites More sharing options...
Dark Munster Posted 13 May, 2009 Share Posted 13 May, 2009 Come on, think about it. It would cost a LOT of money to demolish the stadium if that is what you mean. It would cost a LOT of money to do ground works including remediation. It would take a LONG time to get planning, and there is no assurance that they would. It would take a LONG time to draw up plans in any case. The residential market is awful at the moment, especially in such a location. Do you think a property developer would even think about working the numbers? I don't. Unless you mean someone else buys the stadium and the developer gets the land around... There is actually one person who may do this...... Mad Milan's final revenge? Link to comment Share on other sites More sharing options...
amigo1 Posted 13 May, 2009 Share Posted 13 May, 2009 who ever heard of a quinton in football Link to comment Share on other sites More sharing options...
Weston Saint Posted 13 May, 2009 Share Posted 13 May, 2009 who has emailed you weston?The person I put the question to above. Link to comment Share on other sites More sharing options...
dubai_phil Posted 13 May, 2009 Share Posted 13 May, 2009 The problem is MJ would probably have told Fry he was fronting the consortium when the truth is I expect he knows someone who knows someone who might have enough money. Fry thinks the deal is almost there while MJ is trying to sell his plans, complete with Monkeychicken petting zoo, to people who are not even slightly interested and everyone's time is wasted. Sorry, you are wrong. Already posted elsewhere. A bid is with Fry. MJ's name is not on it. As Weston then says, after that point what goes on is nothing we can guess or speculate about, wait for the press conference or the sudden nothing happening statement. IF THAT happens, anyone else got a better idea what to do? Link to comment Share on other sites More sharing options...
Frank's cousin Posted 13 May, 2009 Share Posted 13 May, 2009 Sorry, you are wrong. Already posted elsewhere. A bid is with Fry. MJ's name is not on it. As Weston then says, after that point what goes on is nothing we can guess or speculate about, wait for the press conference or the sudden nothing happening statement. IF THAT happens, anyone else got a better idea what to do? Stick underpants on our heads, pencils up our noses and say 'wibble'? Link to comment Share on other sites More sharing options...
Weston Saint Posted 13 May, 2009 Share Posted 13 May, 2009 Stick underpants on our heads' date=' pencils up our noses and say 'wibble'?[/quote']That may be the only Saturday entertainment next winter Link to comment Share on other sites More sharing options...
dubai_phil Posted 13 May, 2009 Share Posted 13 May, 2009 Stick underpants on our heads' date=' pencils up our noses and say 'wibble'?[/quote'] Our new owners are going to sign Frank Wibblery?? Link to comment Share on other sites More sharing options...
The Majestic Channon Posted 13 May, 2009 Share Posted 13 May, 2009 Stick underpants on our heads' date=' pencils up our noses and say 'wibble'?[/quote'] Or go to doncaster to buy some exploding trousers? Link to comment Share on other sites More sharing options...
kpturner Posted 13 May, 2009 Share Posted 13 May, 2009 a ? at the end usually denotes a question. He has emailed me. He does't know or cannot/will not say. Edit. Sorry, my answer looks sarcastic. I apologize, that is not my usual styleI wish I could say the same - but I just can't help myself :-) Link to comment Share on other sites More sharing options...
Weston Saint Posted 13 May, 2009 Share Posted 13 May, 2009 Or go to doncaster to buy some exploding trousers?Trousers...exploded...when? Trousers get on the internet and investigate.....Oh! Link to comment Share on other sites More sharing options...
Wade Garrett Posted 13 May, 2009 Share Posted 13 May, 2009 Let's take a hypothetical club, AFC DeathEars. AFC DeathEars was up for sale, a middle man appeared claiming connections to such a wealthy individual that, if true, would require no actual diligence doing on them. The administrator said "let me speak to said wealthy individual" and was allowed to talk to one of said wealthy individual's "representatives" who assured everyone that he was in fact working on behalf of said wealthy individual. Based on that, AFC DeathEars was "sold" to the broker and his clients, only for the "wealthy individual" to back out at the 11th hour over technicalities. Said broker then scrambled around trying to find other backers for his grand vision. Fast forward a year later to NorthBaconTown FC and people might wonder whether the same fictitious "wealthy individual" was being used for the same game. Yes, I am a disgruntled Bournemouth fan but not without reason. Sheikh whatever-his-name is has no idea who Mark Jackson is, nor the weird middle man who claims to represent him (or her I think actually) is, it is all a big fairytale. I got to know a couple of the blokes down here at Dean Court who got run over by a big bus of public opinion after the Jackson fiasco here, and they told me stories of frustrating calls where vague promises and allusions to knowing Arab royalty were made, but after it was all done they called the person supposedly backing the whole thing and no-one had a clue who Mark Jackson or Peter something-or-other (the 'representative') were. And now it's happening all over again. I really feel for you all. Dave Basically confirms what I think about him. Chancer, w@nker. Link to comment Share on other sites More sharing options...
Lets B Avenue Posted 13 May, 2009 Share Posted 13 May, 2009 Stick underpants on our heads' date=' pencils up our noses and say 'wibble'?[/quote'] With a dachshund named Colin. Link to comment Share on other sites More sharing options...
Frank's cousin Posted 13 May, 2009 Share Posted 13 May, 2009 Link to comment Share on other sites More sharing options...
RoswellSaint Posted 13 May, 2009 Share Posted 13 May, 2009 I am not complacent and assuming Saints will be saved but the fact that Fry is not making statements saying that time is running out makes me feel there are still realistic chances of a buyer. This things always go down to the wire but usually there are comments that only 48 hours left to save Club X. This is not the first administration role for Fry, he knows what he is doing - getting the most money for the creditors which goes against our wishes, of course. Link to comment Share on other sites More sharing options...
qwertySFC Posted 13 May, 2009 Share Posted 13 May, 2009 I thought that but cannot find any links between Lowe and St Quinton at the moment Although he is involved with Gloucester it does not mean he lives there From my information this has nothing to do with RL , it centres around St Qunitons connections between horse racing and the Lambourn Stables , what the connection is I have no idea , but that is where the info about his interest in the ground only came from Link to comment Share on other sites More sharing options...
Stu Man Do Posted 13 May, 2009 Share Posted 13 May, 2009 Is true to say that the bid to buy the stadium is more about buying the land it sits on and not the stadium. How many flats can you buy St Mary's? Im starting to lose faith in Mr Fry now. I questioned his ability early on and got flamed for it. So if a bidder offers 9million will he suddenly up it to 10? I'm not 100% certain but I believe the land is too close to the gas containers to EVER be turned into flats. I think the land usage could only be turned to industrial in which case it would probably be worth more than the current 8 million pound bid. Link to comment Share on other sites More sharing options...
John B Posted 13 May, 2009 Share Posted 13 May, 2009 From my information this has nothing to do with RL , it centres around St Qunitons connections between horse racing and the Lambourn Stables , what the connection is I have no idea , but that is where the info about his interest in the ground only came from Yes I found out he owns racehorses but as I said I just checked if there was any connection with Lowe but could not find any Link to comment Share on other sites More sharing options...
bridge too far Posted 13 May, 2009 Share Posted 13 May, 2009 From my information this has nothing to do with RL , it centres around St Qunitons connections between horse racing and the Lambourn Stables , what the connection is I have no idea , but that is where the info about his interest in the ground only came from Lambourn is about 12 miles from West Ilsley - where Mick Channon's stables are :smt102 Link to comment Share on other sites More sharing options...
Gemmel Posted 13 May, 2009 Share Posted 13 May, 2009 From my information this has nothing to do with RL , it centres around St Qunitons connections between horse racing and the Lambourn Stables , what the connection is I have no idea , but that is where the info about his interest in the ground only came from Anything to do with Martin Myers and mountgrange qwerty? Link to comment Share on other sites More sharing options...
TNT Posted 13 May, 2009 Share Posted 13 May, 2009 If people on here making claims that they know bids are in etc then how come they didnt know the club was going into admin ? Bottom line is people on here know f all Link to comment Share on other sites More sharing options...
qwertySFC Posted 13 May, 2009 Share Posted 13 May, 2009 Anything to do with Martin Myers and mountgrange qwerty? I really have no idea , all i know is that conversation occured at lambourn trainers stables involving M S Q and 2 others , what i do know is that RL has no connection what so ever , how far it has gone i have no way of comfirming thats why i wondered if any people on here where ITK . The ground is all that has been discussed , he has no interest in being chair man it sounds like a way to own the ground and rent it back to who ever takes on the football club Link to comment Share on other sites More sharing options...
Weston Saint Posted 13 May, 2009 Share Posted 13 May, 2009 If people on here making claims that they know bids are in etc then how come they didnt know the club was going into admin ? Bottom line is people on here know f all How do you know we did not know we were going into Administration? Link to comment Share on other sites More sharing options...
alpine_saint Posted 13 May, 2009 Share Posted 13 May, 2009 If people on here making claims that they know bids are in etc then how come they didnt know the club was going into admin ? Bottom line is people on here know f all With all due respect mate, I knew we were going to end up here when Lowe came back. Him returning was like puring petrol on the financial flames.. Link to comment Share on other sites More sharing options...
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