Toadhall Saint Posted 15 May, 2009 Posted 15 May, 2009 Another text saying "SLH has now gone and the club sold and the new owner to be revealed shortly" I FERCKING HATE THIS You and your friggin texts MB - Txt him/her back and tell them that they are fookin dead if this isn't the case!
Master Bates Posted 15 May, 2009 Author Posted 15 May, 2009 You and your friggin texts MB - Txt him/her back and tell them that they are fookin dead if this isn't the case! Already have done!
Give it to Ron Posted 15 May, 2009 Posted 15 May, 2009 Another text saying "SLH has now gone and the club sold and the new owner to be revealed shortly" I FERCKING HATE THIS Turn your ****ing phone off and wait for official confirmation from the proper source you are making yourself look a right plum.
Master Bates Posted 15 May, 2009 Author Posted 15 May, 2009 Only your avitar is keeping me sane right now That's nowt, you should see Le Tissier's niece! Turn your ****ing phone off and wait for official confirmation from the proper source you are making yourself look a right plum. Impossible, that was done years ago.
RobM Posted 15 May, 2009 Posted 15 May, 2009 Another text saying "SLH has now gone and the club sold and the new owner to be revealed shortly" I FERCKING HATE THIS How shortly?
Master Bates Posted 15 May, 2009 Author Posted 15 May, 2009 How shortly? http://saintsweb.co.uk/forum/showpost.php?p=300007&postcount=353
derry Posted 15 May, 2009 Posted 15 May, 2009 Just a bit of lateral thinking. The league have deducted 10 points because SLH is inextricably linked to SFC. If SLH is liquidated and the assets sold, SLH is no longer linked to SFC. So what about the case for a deduction now, SFC survives still out of administration and SLH no longer exists.
RobM Posted 15 May, 2009 Posted 15 May, 2009 http://saintsweb.co.uk/forum/showpost.php?p=300007&postcount=353 I'll just keep on sitting here, looking at your boobs then.
Saint Martini Posted 15 May, 2009 Posted 15 May, 2009 I find the amount of people currently logged in on the forum quite amusing. All waiting for that little snippet of info that will send us to the pub to either celebrate or drown our sorrows. Currently Active Users: 512 (488 members and 24 guests)
londonsaint1604 Posted 15 May, 2009 Posted 15 May, 2009 Just a bit of lateral thinking. The league have deducted 10 points because SLH is inextricably linked to SFC. If SLH is liquidated and the assets sold, SLH is no longer linked to SFC. So what about the case for a deduction now, SFC survives still out of administration and SLH no longer exists. Unfortunately I doubt it will make a difference anyway because we're dealing with a bunch of incompetent tossers at the football league.
LestWeForget Posted 15 May, 2009 Posted 15 May, 2009 Just a bit of lateral thinking. The league have deducted 10 points because SLH is inextricably linked to SFC. If SLH is liquidated and the assets sold, SLH is no longer linked to SFC. So what about the case for a deduction now, SFC survives still out of administration and SLH no longer exists. As you are aware, the club itself is in deep doo-doo with or without SLH ... the deduction is proved to be a correct decision... and maybe more to come..
landford.saint Posted 15 May, 2009 Posted 15 May, 2009 i find the amount of people currently logged in on the forum quite amusing. All waiting for that little snippet of info that will send us to the pub to either celebrate or drown our sorrows. currently active users: 512 (488 members and 24 guests) 532 now
Ivan Katalinic's 'tache Posted 15 May, 2009 Posted 15 May, 2009 Another text saying "SLH has now gone and the club sold and the new owner to be revealed shortly" I FERCKING HATE THIS Is this from a source/friend, club texts or football texts from ITV/Clubcall/phone network? I need hope dammit!
Master Bates Posted 15 May, 2009 Author Posted 15 May, 2009 Is this from a source/friend' date=' club texts or football texts from ITV/Clubcall/phone network? I need hope dammit![/quote'] Always the first one, otherwise I wouldn't post it.
Ivan Katalinic's 'tache Posted 15 May, 2009 Posted 15 May, 2009 Ah, ok. I hope your source/friend is correct!
aintforever Posted 15 May, 2009 Posted 15 May, 2009 Always the first one, otherwise I wouldn't post it. How good is the source on a rating from 1-10. 1 being bloke down pub, 10 Marc Fry
Master Bates Posted 15 May, 2009 Author Posted 15 May, 2009 how goods the source on a rating from 1-10. 1 being bloke down pub, 10 marc fry 6-7.5 Apparently MLT's involved.
Flyer Posted 15 May, 2009 Posted 15 May, 2009 Just a bit of lateral thinking. The league have deducted 10 points because SLH is inextricably linked to SFC. If SLH is liquidated and the assets sold, SLH is no longer linked to SFC. So what about the case for a deduction now, SFC survives still out of administration and SLH no longer exists. If SLH are liquidated, Fry will be administrating SFC directly. The deduction is then nailed on.
krissyboy31 Posted 15 May, 2009 Posted 15 May, 2009 Another text saying "SLH has now gone and the club sold and the new owner to be revealed shortly" I FERCKING HATE THIS Just a thought! As SLH is no longer an entity, the assets are all being sold separately and the preferred bidder on each is being announced separately? The stadium was the first to be sorted because it has the greatest value and greatest debt, followed by the FC, followed by whatever's left. It could still be the case that the preferred bidder for asset 'a' is the same preferred bidder as assets 'b' and 'c'?
LestWeForget Posted 15 May, 2009 Posted 15 May, 2009 If SLH are liquidated, Fry will be administrating SFC directly. The deduction is then nailed on. Not quite. If SLH is liquidated, Frys job is done. SFC will be either on its own, or be calling in an administrator of its own.
Weston Super Saint Posted 15 May, 2009 Posted 15 May, 2009 I find the amount of people currently logged in on the forum quite amusing. All waiting for that little snippet of info that will send us to the pub to either celebrate or drown our sorrows. Currently Active Users: 512 (488 members and 24 guests) I predict a crash at 13:47 with the forum down until about 23:45 when Steve gets in from the pub....
tttdcs Posted 15 May, 2009 Posted 15 May, 2009 Only your avitar is keeping me sane right now http://www.saintsweb.co.uk/forum/showthread.php?t=13055
Foxy Posted 15 May, 2009 Posted 15 May, 2009 How good is the source on a rating from 1-10. 1 being bloke down pub, 10 Marc Fry What would you score info obtained from Mark Fry down the pub?
derry Posted 15 May, 2009 Posted 15 May, 2009 As you are aware, the club itself is in deep doo-doo with or without SLH ... the deduction is proved to be a correct decision... and maybe more to come.. Either it will be wound up next week or it will survive. To survive it will have to be taken over. It is not in administration, it would not need a CVA, the debts would probably have an agreed payment schedule with the creditors, who have taken their only option to keep the club out of administration. In that case the football club would not have any connection with SLH, it's debts potentially paid and was never in administration. What case could the league now make to deduct the points. Liquidating SLH and selling the assets seperately would be atytractive as the shares would not have to be purchased. The proceeds of the assets if any would go to the shareholders. Staplewood and Jackson's Farm is worth about £2m, SMS is worthless, SFC is over £6m in debt, laying one off against the other and buying the debts for a peppercorn figure, would be the cheapest way out and the best deal for the creditors and the buyers.
Flyer Posted 15 May, 2009 Posted 15 May, 2009 Not quite. If SLH is liquidated, Frys job is done. SFC will be either on its own, or be calling in an administrator of its own. So who then decides what to do with SFC when it has no shares or owners? The administrator.
Saint Martini Posted 15 May, 2009 Posted 15 May, 2009 I predict a crash at 13:47 with the forum down until about 23:45 when Steve gets in from the pub.... It would probably be for the best, I should be finishing my Master Thesis at the moment.
derry Posted 15 May, 2009 Posted 15 May, 2009 If SLH are liquidated, Fry will be administrating SFC directly. The deduction is then nailed on. No because the assets will have been sold prior to the liquidation.
krissyboy31 Posted 15 May, 2009 Posted 15 May, 2009 So who then decides what to do with SFC when it has no shares or owners? The administrator. The FC Board.
saint_stevo Posted 15 May, 2009 Posted 15 May, 2009 I like how the carsten jancker thing still comes up. It was a joke ffs. This was posted in good faith that it had some legs, whether it came from 606 or not. I thought the idea of a forum was for discussions. And we all love a good rumour, MB and his damn text messaging better be the holy grail coming through some pretty thick mist!
hoozonside10 Posted 15 May, 2009 Posted 15 May, 2009 Not sure if I should be optimistic or pessimistic at this moment in time... one of the guys here says other message boards (echo/606) are doom and gloom saying that the only buyer left on the table is only interested in the stadium. I guess they know as little as most of the people on here..
derry Posted 15 May, 2009 Posted 15 May, 2009 The FC Board. The only way SFC can survive is to be taken over. It's debts mean it could not go into administration so would be automatically wound up. The creditors are letting it keep going in the hope it will be bought and they will get some or part of their money. SFC could be sold for a £1 with the debts taken over.
Master Bates Posted 15 May, 2009 Author Posted 15 May, 2009 I'll go to the Itchen Bridge if nowt happens.
Ponty Posted 15 May, 2009 Posted 15 May, 2009 I'll go to the Itchen Bridge if nowt happens. Blimey, I don't which outcome to hope for now!
stanthemanfairoak Posted 15 May, 2009 Posted 15 May, 2009 I find the amount of people currently logged in on the forum quite amusing. All waiting for that little snippet of info that will send us to the pub to either celebrate or drown our sorrows. Currently Active Users: 512 (488 members and 24 guests)PUB ?WHAT ME?
so22saint Posted 15 May, 2009 Posted 15 May, 2009 The only way SFC can survive is to be taken over. It's debts mean it could not go into administration so would be automatically wound up. The creditors are letting it keep going in the hope it will be bought and they will get some or part of their money. SFC could be sold for a £1 with the debts taken over. Derry, unfortunately the key point is that the Football league is a members club that decides it's own rules / deductions etc. Frankly, they've decided to deduct points, and that's how it will remain. The law doesn't really come into it. SFC (if it survives) could sue, but then the league could just revoke our league club status and we'd go under anyway. It's anti-competitive really and wouldn't be allowed in any other industry but there we go.
Ivan Katalinic's 'tache Posted 15 May, 2009 Posted 15 May, 2009 I'll go to the Itchen Bridge if nowt happens. Is that a measure of confidence in your source or because further delay would tip you over the edge?!
derry Posted 15 May, 2009 Posted 15 May, 2009 I'll go to the Itchen Bridge if nowt happens. Don't jump until I get there.
Give it to Ron Posted 15 May, 2009 Posted 15 May, 2009 I like how the carsten jancker thing still comes up. It was a joke ffs. This was posted in good faith that it had some legs, whether it came from 606 or not. I thought the idea of a forum was for discussions. And we all love a good rumour, MB and his damn text messaging better be the holy grail coming through some pretty thick mist! But that wasnt posted as a rumour and you know that, it had quotes from Fry etc and you posted that on here without a link knowing who had posted that and where it had come from. Well done you and Swanie had me going lets I just hope you are wrong and we have a club.
Bakovnetski Posted 15 May, 2009 Posted 15 May, 2009 That and Mustapha Fag. Sorry...better start posting and not just reading.
derry Posted 15 May, 2009 Posted 15 May, 2009 Derry, unfortunately the key point is that the Football league is a members club that decides it's own rules / deductions etc. Frankly, they've decided to deduct points, and that's how it will remain. The law doesn't really come into it. SFC (if it survives) could sue, but then the league could just revoke our league club status and we'd go under anyway. It's anti-competitive really and wouldn't be allowed in any other industry but there we go. I think you might find they have breached their own rules and it is QC's who will decide any appeal on a point of law. Only time will tell, if there is no sale it won't matter.
Foxstone Posted 15 May, 2009 Posted 15 May, 2009 I like how the carsten jancker thing still comes up. It was a joke ffs. This was posted in good faith that it had some legs, whether it came from 606 or not. I thought the idea of a forum was for discussions. And we all love a good rumour, MB and his damn text messaging better be the holy grail coming through some pretty thick mist! If it turns out to be a wind up or an inaccuracy then that makes you a grade A pillock ! This is far too bloody serious for " the love of a good rumour" ! :mad:
so22saint Posted 15 May, 2009 Posted 15 May, 2009 I think you might find they have breached their own rules and it is QC's who will decide any appeal on a point of law. Only time will tell, if there is no sale it won't matter. yep :-(
mulletsaint Posted 15 May, 2009 Posted 15 May, 2009 Don't jump until I get there. Better get there quick or there'll be a pile of bodies to break your fall.
Clapham Saint Posted 15 May, 2009 Posted 15 May, 2009 If SLH are liquidated, Fry will be administrating SFC directly. The deduction is then nailed on. No he won't be. The shares would be sold as part of the liquidation process.
Clapham Saint Posted 15 May, 2009 Posted 15 May, 2009 So who then decides what to do with SFC when it has no shares or owners? The administrator. The liquidation will not finish until after the shares have been sold. Liquidation is a process similar to Administrations and takes time to complete.
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