Frys message

[derry]

I don't remember how many weeks ago the 10 point penalty was made and although SFC could appeal I thought it was within a certain timescale. Could any appeal fail on those grounds alone?

 

I haven't got a clue but I would think they would have done whatever was necessary to keep this in sight. After all the barristers were looking at it only last week for Pinnacle.

 

On another subject, CVA's, the debt is with the club, the mortgage is up to date, the club's debts are irrelevant as the club is not in administration, therefore a CVA would not apply to the football club.

 

It has been stated previously that SLH has more than enough assets to clear IT'S debts, and in any event apart from the administrators is reasonably debt free.

 

The club's problem is the debt level precludes the financing of administration. Winding up is the next step if the club isn't bought out with SLH and refinanced.

 

If the club survives and the debts are agreed with the creditors their would be no case for the league to further sanction the club. I also think the original points deduction may well be overturned on appeal.

[sandwichsaint]

The Saints are beginning to look like a bargain with debts cleared and the stadium bought for less than £15m including the Staplewood and Jackson's Farm.

 

It is costing Brighton approx £93m for the new stadium.

 

 

Saints are only a 'bargain' (at whatever price) if anyone will buy them, and at the moment that ain't happening.

 

No doubt you or I, if we had the money, would love nothing more than spunking GBP15m on the mighty Saints, unfortunately it's not you or I that's involved.

 

What does the £15m buy you?

 

A team, a fixture list, a stadium, a training facility, a farm, a house, some fairly non-descript players (and a few OK ones) ... then what?

 

15m is only to get your foot in the door, any 'potential' is a long way (and a lot of hard cash) in the distance .... say £50m and 5 years to get us back in the Prem?

 

That's probably an under-estimate .... where's the return on the £15m coming from, you or I would pay that, not sure whether a 'neutral' would?

 

 

I'm not understanding the Brighton thing either (haven't read it so that might explain it!): £93m! Is this the price of the stadium? The price to re-build the whole club playing-wise? The price over a 5-year plan?

 

Who's putting this money up? It must be a private individual/backer(?), there can surely be no case for an 'economic' return on £93m? A 5% return would equate to Brighton turning a £4.5m every year ... how can they do that?

 

 

Footie .... gone mad ..... gone bad!

[NSS]

I have been trying to convert NSS for a while now and to seek treatment for the blue affliction as he is a rather rational and intelligent bloke who is wasted at Fraton Park ;-)

 

Morning FC. As you acknowledge that I'm 'rational', why on earth would I even consider doing anything so 'irrational' as to leave my beloved Fratton Park - which I've been worshipping at for 42 years and where I shall again be enjoying Premier League football next season - in order to watch, at best, 3rd division football?

 

PS> Did you you get my email last week Frank or have you changed your addy?

[madruss]

Saints are only a 'bargain' (at whatever price) if anyone will buy them, and at the moment that ain't happening.

 

No doubt you or I, if we had the money, would love nothing more than spunking GBP15m on the mighty Saints, unfortunately it's not you or I that's involved.

 

What does the £15m buy you?

 

A team, a fixture list, a stadium, a training facility, a farm, a house, some fairly non-descript players (and a few OK ones) ... then what?

 

15m is only to get your foot in the door, any 'potential' is a long way (and a lot of hard cash) in the distance .... say £50m and 5 years to get us back in the Prem?

 

That's probably an under-estimate .... where's the return on the £15m coming from, you or I would pay that, not sure whether a 'neutral' would?

 

 

I'm not understanding the Brighton thing either (haven't read it so that might explain it!): £93m! Is this the price of the stadium? The price to re-build the whole club playing-wise? The price over a 5-year plan?

 

Who's putting this money up? It must be a private individual/backer(?), there can surely be no case for an 'economic' return on £93m? A 5% return would equate to Brighton turning a £4.5m every year ... how can they do that?

 

 

Footie .... gone mad ..... gone bad!

 

Be Quiet! You're scaring Paul Allen away

[krissyboy31]

What does the £15m buy you?

 

A team, a fixture list, a stadium, a training facility, a farm, a house, some fairly non-descript players (and a few OK ones) ... then what?

 

15m is only to get your foot in the door, any 'potential' is a long way (and a lot of hard cash) in the distance .... say £50m and 5 years to get us back in the Prem?

 

This is probably true but the new owner will have a debt free club and all of the income over that period, will go into running the football club, rather than servicing ever expanding overdraft and stadium loan.

[SFC Forever]

Just seen on sky that Fry has informed them that the talks have "stalled"

[Third Division South Days]

The Saints are beginning to look like a bargain with debts cleared and the stadium bought for less than £15m including the Staplewood and Jackson's Farm.

 

It is costing Brighton approx £93m for the new stadium.

 

15m seems a bargain considering it wouldnt buy a less than average premiership player.

[INFLUENCED.COM]

Just seen on sky that Fry has informed them that the talks have "stalled"

 

Is this todays update from Fry or just responding to recent events to Sky ?

[slickmick]

Just a thought.

 

The reason for the Pinacle bid stalling could have been over the payment of a down payment to keep the club going, that the backers wernt prepared to lose.

 

Leon leaps to the rescue (good man) and assuming the bid is accepted gets a refund.

 

I am no more ITK than 99% of posters, but after hearing what Doggface's new best friend had said last week, I would be very surprised if the bid's backers had buggered off as some on here would have you believe.

 

 

 

mmmm.. Good point.

[ottery st mary]

Saints are only a 'bargain' (at whatever price) if anyone will buy them, and at the moment that ain't happening.

 

No doubt you or I, if we had the money, would love nothing more than spunking GBP15m on the mighty Saints, unfortunately it's not you or I that's involved.

 

What does the £15m buy you?

 

A team, a fixture list, a stadium, a training facility, a farm, a house, some fairly non-descript players (and a few OK ones) ... then what?

 

15m is only to get your foot in the door, any 'potential' is a long way (and a lot of hard cash) in the distance .... say £50m and 5 years to get us back in the Prem?

 

That's probably an under-estimate .... where's the return on the £15m coming from, you or I would pay that, not sure whether a 'neutral' would?

 

 

I'm not understanding the Brighton thing either (haven't read it so that might explain it!): £93m! Is this the price of the stadium? The price to re-build the whole club playing-wise? The price over a 5-year plan?

 

Who's putting this money up? It must be a private individual/backer(?), there can surely be no case for an 'economic' return on £93m? A 5% return would equate to Brighton turning a £4.5m every year ... how can they do that?

 

 

Footie .... gone mad ..... gone bad!

 

 

What if we threw, The Saints Web and all us lovely posters with our extensive football knowledge in...That should convince the new investors for their 15 mil.

[broncoboy]

My favourite verse of the national anthem.

 

Lord grant that Marshal Wade

May by thy mighty aid

Victory bring

May he sedition hush

And like a torrent rush

Rebellious Scots to crush

God save the queen

 

That's why no one in Scotland sings it unless they are Red Hand Loyalists

[buctootim]

Saints are only a 'bargain' (at whatever price) if anyone will buy them, and at the moment that ain't happening.

 

No doubt you or I, if we had the money, would love nothing more than spunking GBP15m on the mighty Saints, unfortunately it's not you or I that's involved.

 

What does the £15m buy you?

 

A team, a fixture list, a stadium, a training facility, a farm, a house, some fairly non-descript players (and a few OK ones) ... then what?

 

15m is only to get your foot in the door, any 'potential' is a long way (and a lot of hard cash) in the distance .... say £50m and 5 years to get us back in the Prem?

 

That's probably an under-estimate .... where's the return on the £15m coming from, you or I would pay that, not sure whether a 'neutral' would?

 

 

I'm not understanding the Brighton thing either (haven't read it so that might explain it!): £93m! Is this the price of the stadium? The price to re-build the whole club playing-wise? The price over a 5-year plan?

 

Who's putting this money up? It must be a private individual/backer(?), there can surely be no case for an 'economic' return on £93m? A 5% return would equate to Brighton turning a £4.5m every year ... how can they do that?

 

 

Footie .... gone mad ..... gone bad!

 

Brighton have been fortunate to have a very good Chairman in D ick Knight, not wealthy, but good. He has brought a local boy made good in - the perfect combination - a wealthy fan who can deliver on the aspirations. Even with that £93m million committed they are still only aiming to get back to the CCC - which shows the size of the task Saints are facing. Oh... and its taken them 9 years so far.

http://www.timesonline.co.uk/tol/sport/football/football_league/article6315929.ece

Edited 20 May, 2009 by buctootim

[Frank's cousin]

Morning FC. As you acknowledge that I'm 'rational', why on earth would I even consider doing anything so 'irrational' as to leave my beloved Fratton Park - which I've been worshipping at for 42 years and where I shall again be enjoying Premier League football next season - in order to watch, at best, 3rd division football?

 

PS> Did you you get my email last week Frank or have you changed your addy?

 

Yup got the e - sorry not had a chance to reply as too busy trying to keep up with the misery we are in - will e soon - I am sure it must be time to get on our bikes....

[St Lightjaw]

Is this todays update from Fry or just responding to recent events to Sky ?

 

 

Old news I think ... http://www.skysports.com/story/0,19528,11700_5337235,00.html

 

Updated 19th of May.

[derry]

Bloom, the Brighton local financier is a professional poker player and property developer who is lending up to £80m, interest free to be paid back in 14 years.

[sandwichsaint]

Bloom, the Brighton local financier is a professional poker player and property developer who is lending up to £80m, interest free to be paid back in 14 years.

 

Cool!

 

Let's hope Fry and Pinacle are playing poker and not tiddlywinks.

[derry]

50m to get back in the prem?

 

Why do people always think this way? It's nonsense. What club has spent even half that to get there? The teams that get up have good managers, that's all. it might take time, but the serious money only really takes effect in the premiership.

 

A little money for a few players and a good manager can get you up in the CCC. Hull, Swansea, Doncaster and many others have all done well from league 1 and 2 in recent years.

 

We tried spending more than any other club and it got us a huge wage bill for overrated gutless players, a pathetic manager and ultimately administration. yay.

 

At last somebody who knows what makes a successful football club.

 

Package it up, put a bow on it and send it to that stupid prat who was the chairman 10 out of the last 12 years. How many managers was it? Stability it certainly wasn't.