Ken Tone Posted 15 May, 2009 Share Posted 15 May, 2009 And I presume you mean 'preferred bidders' rather than 'new owners'? Quite. Let's not get carried away. Even once (soon please God) preferred bidders are announced, all can still go tits up before a deal is finalised. K. Link to comment Share on other sites More sharing options...
Frank's cousin Posted 15 May, 2009 Share Posted 15 May, 2009 Ron, This is maybe an unfair question, but do you really believe that MJ has changed his spots? If so what eveidence has he provided that he has evolved from the BStter of the past? Link to comment Share on other sites More sharing options...
Frank's cousin Posted 15 May, 2009 Share Posted 15 May, 2009 So here we are in desperation , happy to accept anyone who saves the club as we have no choice.... Link to comment Share on other sites More sharing options...
Guided Missile Posted 15 May, 2009 Share Posted 15 May, 2009 Ron' date=' This is maybe an unfair question, but do you really believe that MJ has changed his spots? If so what eveidence has he provided that he has evolved from the BStter of the past?[/quote'] A classic post of Jackson's and one I'll remember for many years is his boast that his Russian bride is "tasty". Link to comment Share on other sites More sharing options...
Give it to Ron Posted 15 May, 2009 Share Posted 15 May, 2009 So here we are in desperation ' date=' happy to accept anyone who saves the club as we have no choice....[/quote'] Nope and have learnt my lessons from before....no point in anyone here from before as they have proved they are useless, divisive and not able to run a club with far more revenue then we will have next season. Link to comment Share on other sites More sharing options...
John B Posted 15 May, 2009 Share Posted 15 May, 2009 So here we are in desperation ' date=' happy to accept anyone who saves the club as we have no choice....[/quote'] Very True Slagging off potential bidders is not good I would have thought Link to comment Share on other sites More sharing options...
krissyboy31 Posted 15 May, 2009 Share Posted 15 May, 2009 So here we are in desperation ' date=' happy to accept anyone who saves the club as we have no choice....[/quote'] It's got nothing to do with, who WE are happy to accept, it's who Mark Fry and the creditors are happy to accept. Link to comment Share on other sites More sharing options...
Master Bates Posted 15 May, 2009 Author Share Posted 15 May, 2009 Anything is possible . Except an SFC takeover. Link to comment Share on other sites More sharing options...
saintjay77 Posted 15 May, 2009 Share Posted 15 May, 2009 A classic post of Jackson's and one I'll remember for many years is his boast that his Russian bride is "tasty". If she is the blonde bird that was sat next to him in the picture thats on a thread on here the other week... He's fookin Right! Link to comment Share on other sites More sharing options...
saintjay77 Posted 15 May, 2009 Share Posted 15 May, 2009 Very True Slagging off potential bidders is not good I would have thought If it was ok to slag off the previous tenants then it should be ok for the next lot Link to comment Share on other sites More sharing options...
dubai_phil Posted 15 May, 2009 Share Posted 15 May, 2009 End game time by the sounds of it. My guess would be that Fry has probably reached his last timeline in which to push a deal through, so he is now less likely to be playing the parties off, more "this is what you need to do" day. Someone else has mentioned it is now probably about the structure not the price. Sounds like decision day unless a curve ball comes in. Let us hope something happens from somewhere. Oh and Saint Richmond, one comment for you that was very loud and clear after the Forum Match. Any of the old crew/hangers on (my words not his) will be welcomed back at St Mary's - as long as they pay for their match tickets. With regard to Lowe in any way being involved in the running of the club - no no and of course no - source was Stuart. HTH Link to comment Share on other sites More sharing options...
Weston Saint Posted 15 May, 2009 Share Posted 15 May, 2009 Ron' date=' This is maybe an unfair question, but do you really believe that MJ has changed his spots? If so what eveidence has he provided that he has evolved from the BStter of the past?[/quote']It is not MJ I am listening to Frank. Thanks for your comments on one of the threads in my absence yesterday. Link to comment Share on other sites More sharing options...
Pancake Posted 15 May, 2009 Share Posted 15 May, 2009 To be honest, there is **** all to get excited about. Anyone that takes us over will not be spunking tens of millions into the club to spend on players. We will be lucky if the new owner injects a couple of million IMHO. All we need is for someone to keep us above water and trading. New owner = football next season, NOT millions to spend on players etc. Link to comment Share on other sites More sharing options...
dubai_phil Posted 15 May, 2009 Share Posted 15 May, 2009 To be honest, there is **** all to get excited about. Anyone that takes us over will not be spunking tens of millions into the club to spend on players. We will be lucky if the new owner injects a couple of million IMHO. All we need is for someone to keep us above water and trading. New owner = football next season, NOT millions to spend on players etc. Probably THE most accurate post on here for weeks Link to comment Share on other sites More sharing options...
saintjay77 Posted 15 May, 2009 Share Posted 15 May, 2009 To be honest, there is **** all to get excited about. Anyone that takes us over will not be spunking tens of millions into the club to spend on players. We will be lucky if the new owner injects a couple of million IMHO. All we need is for someone to keep us above water and trading. New owner = football next season, NOT millions to spend on players etc. Only because I didnt win the Euro Millions of course! Link to comment Share on other sites More sharing options...
Master Bates Posted 15 May, 2009 Author Share Posted 15 May, 2009 (edited) Probably THE most accurate post on here for weeks +1 Also, i've been told to keep an ear on Radio Solent as they're having regular updates from SMS. Nothing mentioned on the 11am news. Edited 15 May, 2009 by Master Bates Link to comment Share on other sites More sharing options...
kpturner Posted 15 May, 2009 Share Posted 15 May, 2009 All we need is for someone to keep us above water and trading.Well, at least that as a minimum, yes. It would be preferable for somebody to be able to do more than that - like "invest" money in the team (without expectation of an immediate return) so that we can progress back up the league structure in a sustainable fashion. What we don't want is a sugar daddy with a short attention span - we want a solid platform (not one made out of a stack of cards) so that we never reach this horrible place again. I would like to believe that the potential buyers can deliver on a wish list like this. Link to comment Share on other sites More sharing options...
SaintRichmond Posted 15 May, 2009 Share Posted 15 May, 2009 GM - I really dont give a monkeys how much his house is worth! So long as he/they/someone saves the club then that's all I care about right now........ at this stage, I'd put a bet that some people would even let RL back in if it is as close to the wire as we think it is........ Count me out on that one ..... It is BECAUSE of him that we are "close to the wire" now ...... and if he gets back via Jackson/Green ...... it will only get worse .....have not the last 12+ years been enough ??? Link to comment Share on other sites More sharing options...
kpturner Posted 15 May, 2009 Share Posted 15 May, 2009 Also, i've been told to keep an ear on Radio Solent as they're having regular updates from SMS.Do you only listen in at news times, or do you subject yourself to the rest of the tiresome carp on there during a week day? If the former, what times do they deliver sports related news? Link to comment Share on other sites More sharing options...
Master Bates Posted 15 May, 2009 Author Share Posted 15 May, 2009 Do you only listen in at news times, or do you subject yourself to the rest of the tiresome carp on there during a week day? If the former, what times do they deliver sports related news? News bulletins on the hour every hour, only lasts 5 mins. Link to comment Share on other sites More sharing options...
Pancake Posted 15 May, 2009 Share Posted 15 May, 2009 Well, at least that as a minimum, yes. It would be preferable for somebody to be able to do more than that - like "invest" money in the team (without expectation of an immediate return) so that we can progress back up the league structure in a sustainable fashion. What we don't want is a sugar daddy with a short attention span - we want a solid platform (not one made out of a stack of cards) so that we never reach this horrible place again. I would like to believe that the potential buyers can deliver on a wish list like this. That would be great, but the world is in a financial meltdown. No-one in their right mind is going to stick £10,000,000 into an ex-Premiership, ex-Championship football club that has suffered Administration, falling gates and 2 relegations in 5 years. I cant think of a single club that has been taken over my a moneybags owner whilst being in League 1. We might have stood a chance of a rich(er) new owner if we had stayed up in the CCC this year and not gone into Administration as we would have had a decent stab at the dream promotion to the Prem at the end of the season with some light investment. but not now. It would take 3 years minimum (IMHO) to get back to the Premiership from where are now, plus a LOT of spending. Link to comment Share on other sites More sharing options...
Golac's Cunning Stunts Posted 15 May, 2009 Share Posted 15 May, 2009 GM - I really dont give a monkeys how much his house is worth! So long as he/they/someone saves the club then that's all I care about right now........ at this stage, I'd put a bet that some people would even let RL back in if it is as close to the wire as we think it is........ No thanks. Would rather go and support Eastleigh than have to put up with that tosser for 1 more minute. Link to comment Share on other sites More sharing options...
Barry the Badger Posted 15 May, 2009 Share Posted 15 May, 2009 To be honest, there is **** all to get excited about. Anyone that takes us over will not be spunking tens of millions into the club to spend on players. We will be lucky if the new owner injects a couple of million IMHO. All we need is for someone to keep us above water and trading. New owner = football next season, NOT millions to spend on players etc. As much as I would love to believe otherwise. I know you're right. I have a feeling a lot of people are going to be dissapointed, people looking on the Times rich list and all that stuff. At the end of the day, whoever buys the club, I hope we are just grateful to them for saving us from Non League football rather than lambasting them for not being uber rich. Link to comment Share on other sites More sharing options...
Gingeletiss Posted 15 May, 2009 Share Posted 15 May, 2009 Very True Slagging off potential bidders is not good I would have thought Lol...the same old posters slagging them off now, were the same ones slagging off potential investors over the last couple of years.....it makes you wonder!!! Link to comment Share on other sites More sharing options...
Gingeletiss Posted 15 May, 2009 Share Posted 15 May, 2009 It's got nothing to do with, who WE are happy to accept, it's who Mark Fry and the creditors are happy to accept. You are so right......some on here think they have a divine right to run the club via a keyboard....they know who they are. Link to comment Share on other sites More sharing options...
landford.saint Posted 15 May, 2009 Share Posted 15 May, 2009 As much as I would love to believe otherwise. I know you're right. I have a feeling a lot of people are going to be dissapointed, people looking on the Times rich list and all that stuff. At the end of the day, whoever buys the club, I hope we are just grateful to them for saving us from Non League football rather than lambasting them for not being uber rich. Quite agree... I bet there were many on the Titanic who would have been delerious with a smelly old fishing boat. We ARE the Titanic. I for one would be happy to just watch a team run out in league 1 next year knowing we were safe and secure. But at least we dont smell of fish. Link to comment Share on other sites More sharing options...
SaintRichmond Posted 15 May, 2009 Share Posted 15 May, 2009 As much as I would love to believe otherwise. I know you're right. I have a feeling a lot of people are going to be dissapointed, people looking on the Times rich list and all that stuff. At the end of the day, whoever buys the club, I hope we are just grateful to them for saving us from Non League football rather than lambasting them for not being uber rich. I, like thousands more, am just purely a SAINTS Supporter I do not want much from life As long as LOWELIFE is in no way ever connected to SFC, I do not care who "rescues" us With him out of the way, the New Owners will be pleasantly surprised by the SUPPORT that will come by increased attendances at St Mary's, for the start of SAINTS Comeback Link to comment Share on other sites More sharing options...
kpturner Posted 15 May, 2009 Share Posted 15 May, 2009 That would be great, but the world is in a financial meltdown. No-one in their right mind is going to stick £10,000,000 into an ex-Premiership, ex-Championship football club that has suffered Administration, falling gates and 2 relegations in 5 years. I cant think of a single club that has been taken over my a moneybags owner whilst being in League 1. We might have stood a chance of a rich(er) new owner if we had stayed up in the CCC this year and not gone into Administration as we would have had a decent stab at the dream promotion to the Prem at the end of the season with some light investment. but not now. It would take 3 years minimum (IMHO) to get back to the Premiership from where are now, plus a LOT of spending.I agree many people expecting a super rich extravagant sugar daddy will be disappointed. I don't think many people on here seriously expect that though - apart from those with a below average IQ. However, I suspect that if either of the current potential bidders are successful their plan will include sensible investment for moving the club back up the league structure. Perhaps I should caviat that and say that they "hope" to be able to achieve that. In reality it is much more difficult as QPR are finding (and they have much more than we will ever have). It all depends on making the right appointments and making the correct purchases (player-wise). Whether they can do that heaven only knows. I have probably just put my own IQ into question by saying this Link to comment Share on other sites More sharing options...
jasoneuelllfanclub Posted 15 May, 2009 Share Posted 15 May, 2009 To be honest, there is **** all to get excited about. Anyone that takes us over will not be spunking tens of millions into the club to spend on players. We will be lucky if the new owner injects a couple of million IMHO. All we need is for someone to keep us above water and trading. New owner = football next season, NOT millions to spend on players etc. How many league 1 clubs spend more than say 500k on summer transfers? Not many if any at all is the answer. If we had 2 million spent on players in the Summer I will be content with that. Link to comment Share on other sites More sharing options...
Mustapha Fag Posted 15 May, 2009 Share Posted 15 May, 2009 You know what, at this moment id be happy having a club to support that could give players contracts (Davis being one) could get some loans and free transfers in and give us something to cheer about next season Link to comment Share on other sites More sharing options...
Master Bates Posted 15 May, 2009 Author Share Posted 15 May, 2009 Had one of those texts saying Mark Fry is selling the Stadium. Is that different to selling the club? Link to comment Share on other sites More sharing options...
SaintRobbie Posted 15 May, 2009 Share Posted 15 May, 2009 Champagne at the ready for tonight... chilled and cooled. Bring on the dawn of a new era ! Link to comment Share on other sites More sharing options...
saintjay77 Posted 15 May, 2009 Share Posted 15 May, 2009 Had one of those texts saying Mark Fry is selling the Stadium. Is that different to selling the club? Only if the buyer is that Torronto based business as it could mean we will be seeing Ice Hockey next season at SMS instead of footy! Link to comment Share on other sites More sharing options...
kpturner Posted 15 May, 2009 Share Posted 15 May, 2009 Had one of those texts saying Mark Fry is selling the Stadium. Is that different to selling the club?Linked to this perhaps: http://www.saintsweb.co.uk/forum/showthread.php?t=13122 Link to comment Share on other sites More sharing options...
Hatch Posted 15 May, 2009 Share Posted 15 May, 2009 Had one of those texts saying Mark Fry is selling the Stadium. Is that different to selling the club? I can't believe the stadium is for sale, if it was I would have heard about it. Although anything could be done off market I suppose. Link to comment Share on other sites More sharing options...
proevosaints Posted 15 May, 2009 Share Posted 15 May, 2009 See other thread! Supposedly we're no longer in talks? Fry pulled the plug already? Link to comment Share on other sites More sharing options...
Master Bates Posted 15 May, 2009 Author Share Posted 15 May, 2009 Had one of those texts saying Mark Fry is selling the Stadium. Is that different to selling the club? Updated text: "The Stadium is being sold on its own with no offers made. Club might fold. It's the Stadium on its own"!. Link to comment Share on other sites More sharing options...
thorpie the sinner Posted 15 May, 2009 Share Posted 15 May, 2009 mmm!! I wonder if anybody is getting itch feet now Link to comment Share on other sites More sharing options...
saintjay77 Posted 15 May, 2009 Share Posted 15 May, 2009 Updated text: "The Stadium is being sold on its own with no offers made. Club might fold. It's the Stadium on its own"!. well thats not helped my sqeeky bum! Link to comment Share on other sites More sharing options...
Smirking_Saint Posted 15 May, 2009 Share Posted 15 May, 2009 I, like thousands more, am just purely a SAINTS Supporter I do not want much from life As long as LOWELIFE is in no way ever connected to SFC, I do not care who "rescues" us With him out of the way, the New Owners will be pleasantly surprised by the SUPPORT that will come by increased attendances at St Mary's, for the start of SAINTS Comeback Does that mean you would rather have no SFC if he was the only other option then ?? Link to comment Share on other sites More sharing options...
Smirking_Saint Posted 15 May, 2009 Share Posted 15 May, 2009 Updated text: "The Stadium is being sold on its own with no offers made. Club might fold. It's the Stadium on its own"!. Oh, great news. I knew Netley Central where looking for a new ground. Link to comment Share on other sites More sharing options...
TNT Posted 15 May, 2009 Share Posted 15 May, 2009 Can someone explain that following Preferred bidder status these people then have to enter into talks with creditors to agree their terms ? Link to comment Share on other sites More sharing options...
sunrise Posted 15 May, 2009 Share Posted 15 May, 2009 I'm fed-up of all the speculation about who/what/where/why etc. All i want is some definite news one way or the other. Link to comment Share on other sites More sharing options...
ART Posted 15 May, 2009 Share Posted 15 May, 2009 Had one of those texts saying Mark Fry is selling the Stadium. Is that different to selling the club? 1) That makes me nervous when the likes of Sainsbury's and LIDL are on the lookout of somewhere to build huge warehouses. Chains like these and Tesco are doing incredible business during this crisis and are leading employers where others are still reducing personnel. 2) Is there anyway seeing we'll be in League One that one stand at the stadium could be closed to allow and supermarket or warehouse to be constructed and then the stand rebuild above the property? I have artovisions of a ground share and development of Eastleigh Football Club. 3) Astrologically speaking we are truly in the midst of a 3 week period of hold ups, unforseen delays and screw ups in communications. Not the ideal time to begin any new projects, sign deals etc until after the 31st May when things will start moving. Better still after the New Moon on 7th July. Should we get a deal now and they haven't done their homework, it could be doomed to failure at a later date. 4) I am reliably assured that we are part of a Jewish Armenian Lebanese Scots consortium's bid so why worry about Irish connections . Afterall, NORM is Irish and I've found him very reliable. Why, he can even turn tap water into neat Malt!!! Link to comment Share on other sites More sharing options...
John B Posted 15 May, 2009 Share Posted 15 May, 2009 Can someone explain that following Preferred bidder status these people then have to enter into talks with creditors to agree their terms ? I think the preferred bidder checks fully that all the details given by the administrator are correct and then gives a final binding bid Link to comment Share on other sites More sharing options...
ladysaint Posted 15 May, 2009 Share Posted 15 May, 2009 Updated text: "The Stadium is being sold on its own with no offers made. Club might fold. It's the Stadium on its own"!. Please please tell me that this isnt true. Link to comment Share on other sites More sharing options...
kpturner Posted 15 May, 2009 Share Posted 15 May, 2009 Updated text: "The Stadium is being sold on its own with no offers made. Club might fold. It's the Stadium on its own"!.Thanks for that. Can you text him/her back and thank them too - and ask them if they can send round an industrial cleaner to clean the steaming pile of poo I have just deposited on my office carpet. Link to comment Share on other sites More sharing options...
Frank's cousin Posted 15 May, 2009 Share Posted 15 May, 2009 Can someone explain that following Preferred bidder status these people then have to enter into talks with creditors to agree their terms ? Think thats correct - preferred bidder status is simply that the Administrator believes this to be the best bid for cre4ditors and thus they get first dabs at seeking the agreement with creditors...however what I dont understand is this. We have now had it confirmed that no bidders are interested in SLH the company in Admin - Mr Crouch has told us that SFC is NOT in admin. Is SLH the debtor to Barclays or SFC , and is SLH the debtor to Aviva or SMS ltd? If someone buys sfc for say 5mil from the administrator, I assume they walk away debt free with teh 5mil going to teh SLH creditors (Barclays and Aviva) same as the stadium - If someone buys SMS from teh administrator for 7 mil they no longer have a debt (unless they borrowed the 7 mil) and once again the 7mil would gto to SLH to pay off creditors (Aviva who hhave first shout on teh stadium return?) Can someone confirm this is right or am I completely wrong? Link to comment Share on other sites More sharing options...
Master Bates Posted 15 May, 2009 Author Share Posted 15 May, 2009 Please please tell me that this isnt true. I admit, I made up the exclamation mark at the end. Link to comment Share on other sites More sharing options...
Smirking_Saint Posted 15 May, 2009 Share Posted 15 May, 2009 Think thats correct - preferred bidder status is simply that the Administrator believes this to be the best bid for cre4ditors and thus they get first dabs at seeking the agreement with creditors...however what I dont understand is this. We have now had it confirmed that no bidders are interested in SLH the company in Admin - Mr Crouch has told us that SFC is NOT in admin. Is SLH the debtor to Barclays or SFC , and is SLH the debtor to Aviva or SMS ltd? If someone buys sfc for say 5mil from the administrator, I assume they walk away debt free with teh 5mil going to teh SLH creditors (Barclays and Aviva) same as the stadium - If someone buys SMS from teh administrator for 7 mil they no longer have a debt (unless they borrowed the 7 mil) and once again the 7mil would gto to SLH to pay off creditors (Aviva who hhave first shout on teh stadium return?) Can someone confirm this is right or am I completely wrong? This just clicked in my head too. Seeing as MF's job is to gain money for the creditors from sale of shares/assets from SLH. Maybe this is why it has taken so long ?? Working out the legalities of walking away debt free. Link to comment Share on other sites More sharing options...
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