Noodles34 Posted 19 May, 2009 Posted 19 May, 2009 Last Sunday at Bournemouth International Airport (the portacabin) I bumped into a very successful Southampton businessman and fan (He used to have a box) who is in the same line of business as me, don't really know him very well but enough to say hello and have a quick chat. I did ask him about Saints and he said I certainly wasn't the first, he'd had a lot of media interest because of who he is etc (I reckons he may be worth about 10 to 20 million but I only assume that because he sold his share of the company for 8 and he's subsequently gone on and done (seemingly) well in other business interests etc). Anyway, to the point, he told me that he was offered (or maybe mooted) to buy St Marys (the stadium only) for £4.5M. I dismissed it at first, thinking that there was what, a 25 million mortagage on it etc, but after hearing that the whole shabang is up for 8 or 9 perhaps it is true. To most people this is still a lot of money but to SCC surely this would be a price worth paying to secure one of the city's biggest assets and no matter who comes and goes from the club, we can be assured that the actual ground, which is essentially the fabric of SFC will always be secure.
DT Posted 19 May, 2009 Posted 19 May, 2009 Four and a half million quid for SMS? Hell of a lot for one text message.
TNT Posted 19 May, 2009 Posted 19 May, 2009 Early doors i cannot see the stadium being bought for anything less than £10m. I imagine the valuation of the Stadium is why there has been stalemate.
EastleighSoulBoy Posted 19 May, 2009 Posted 19 May, 2009 la la la la la la la la la la la I can't hear you!
smithy Posted 19 May, 2009 Posted 19 May, 2009 la la la la la la la la la la la I can't hear you! Is that Wotte?
saint77 Posted 19 May, 2009 Posted 19 May, 2009 Last Sunday at Bournemouth International Airport (the portacabin) I bumped into a very successful Southampton businessman and fan (He used to have a box) who is in the same line of business as me, don't really know him very well but enough to say hello and have a quick chat. I did ask him about Saints and he said I certainly wasn't the first, he'd had a lot of media interest because of who he is etc (I reckons he may be worth about 10 to 20 million but I only assume that because he sold his share of the company for 8 and he's subsequently gone on and done (seemingly) well in other business interests etc). Anyway, to the point, he told me that he was offered (or maybe mooted) to buy St Marys (the stadium only) for £4.5M. I dismissed it at first, thinking that there was what, a 25 million mortagage on it etc, but after hearing that the whole shabang is up for 8 or 9 perhaps it is true. To most people this is still a lot of money but to SCC surely this would be a price worth paying to secure one of the city's biggest assets and no matter who comes and goes from the club, we can be assured that the actual ground, which is essentially the fabric of SFC will always be secure. i think your find he has a lot less than the 8mill that he did have
Deano6 Posted 19 May, 2009 Posted 19 May, 2009 Last Sunday at Bournemouth International Airport (the portacabin) I bumped into a very successful Southampton businessman and fan (He used to have a box) who is in the same line of business as me, don't really know him very well but enough to say hello and have a quick chat. I did ask him about Saints and he said I certainly wasn't the first, he'd had a lot of media interest because of who he is etc (I reckons he may be worth about 10 to 20 million but I only assume that because he sold his share of the company for 8 and he's subsequently gone on and done (seemingly) well in other business interests etc). Anyway, to the point, he told me that he was offered (or maybe mooted) to buy St Marys (the stadium only) for £4.5M. I dismissed it at first, thinking that there was what, a 25 million mortagage on it etc, but after hearing that the whole shabang is up for 8 or 9 perhaps it is true. To most people this is still a lot of money but to SCC surely this would be a price worth paying to secure one of the city's biggest assets and no matter who comes and goes from the club, we can be assured that the actual ground, which is essentially the fabric of SFC will always be secure. I did ask you at the time not to disclose any of this to anyone.
EastleighSoulBoy Posted 19 May, 2009 Posted 19 May, 2009 (edited) Is that Wotte? Is that Wotte what? Or do you mean is that Wotte I think? Edited 19 May, 2009 by EastleighSoulBoy
Ludwig Posted 19 May, 2009 Posted 19 May, 2009 I did ask you at the time not to disclose any of this to anyone. That's where you've been, smashed up things and creatures and then retreating back into your money of your vast carelessness, letting other people clean up the mess you've made.
smithy Posted 19 May, 2009 Posted 19 May, 2009 Is that Wotte what? Or do you mean is that Wotte I think? What? Wotte? Ay?
Nineteen Canteen Posted 19 May, 2009 Posted 19 May, 2009 i think your find he has a lot less than the 8mill that he did have Good Evening Marc, Is the grass getting any greener or did MF discover you were shallow rooted weeds as oppose to hardy perennials? Or perhaps you decided to go back and sit in the trees until the bones of the Pinnacle bid had been picked over? Please let the forum know the story so far from your perspective. Are you grooming your white charger? Regards NC
Weston Saint Posted 19 May, 2009 Posted 19 May, 2009 Good Evening Marc, Is the grass getting any greener or did MF discover you were shallow rooted weeds as oppose to hardy perennials? Or perhaps you decided to go back and sit in the trees until the bones of the Pinnacle bid had been picked over? Please let the forum know the story so far from your perspective. Are you grooming your white charger? Regards NCAs I defend you when you are falsley accussed of being others so I will defend Marc who is not the poster you are responding too. Marc is keeping his own counsel and has not posted for a while.
Delmary Posted 19 May, 2009 Posted 19 May, 2009 Good Evening Marc, Is the grass getting any greener or did MF discover you were shallow rooted weeds as oppose to hardy perennials? Or perhaps you decided to go back and sit in the trees until the bones of the Pinnacle bid had been picked over? Please let the forum know the story so far from your perspective. Are you grooming your white charger? Regards NCYou're starting to sound like our old short-sleeved shirted friend Tom McLoughlin :smt009
um pahars Posted 19 May, 2009 Posted 19 May, 2009 You're starting to sound like our old short-sleeved shirted friend Tom McLoughlin :smt009 good ole Tom had different personalities and had an interest in many clubs, which is something in common with Sundance, Nineteen, Flashman, Thrid Bear or whoever he is this month;)
Nineteen Canteen Posted 19 May, 2009 Posted 19 May, 2009 As I defend you when you are falsley accussed of being others so I will defend Marc who is not the poster you are responding too. Marc is keeping his own counsel and has not posted for a while. That's OK, I appreciate the clarification. Pity the poster couldn't tell me in a recent exchange of pms because as you know I at least attempt to address mistaken cases of identity whether I'm believed or not. (Cue Um Pahars)
um pahars Posted 19 May, 2009 Posted 19 May, 2009 I at least attempt to address mistaken cases of identity whether I'm believed or not. And of course the biggest case of mistaken identity is that you weren't Sundance, Flashman, Third Bear etc etc etc:rolleyes:;) We're all sooooooooooo confused.:smt041;)
Nineteen Canteen Posted 19 May, 2009 Posted 19 May, 2009 And of course the biggest case of mistaken identity is that you weren't Sundance, Flashman, Third Bear etc etc etc:rolleyes:;) We're all sooooooooooo confused.:smt041;) Entirely predictable and still proving the theory. Don't you worry you may be developing an unhealthy obsession. Let me know I may be able to help.
um pahars Posted 20 May, 2009 Posted 20 May, 2009 unhealthy obsession.. Hey Troll boy, I think everyone has witnessed your own unhealthy obsession of many things on here under your various guises (19C, Sundance, Third Bear, Flashman etc etc etc). Everyone of them slightly more obsessed and rabid than their previous incarnation:D Pray tell what makes you so obsessed with trolling that you have come back under many guises??? Simple question: Why have you had so many monikers on here???
John B Posted 20 May, 2009 Posted 20 May, 2009 Entirely predictable and still proving the theory. Don't you worry you may be developing an unhealthy obsession. Let me know I may be able to help. Yes I think you have a point there. I was expecting to read a sensible post from UM on the subject
um pahars Posted 20 May, 2009 Posted 20 May, 2009 Yes I think you have a point there. I was expecting to read a sensible post from UM on the subject Trust me, with regards our resident troll Sundance, 19C, Flashman, Third Bear etc etc etc, my posts were eminently sensible.:smt117 With regards selling SMS seperately, then I have always been of the view that it is totally dependent on whether or not the Football Club stays as a going concern. The value changes massively if there is no tenant willing to pay "rental income", so any deal on the stadium will be inextricably linked to to the sale (or not) of the Club. I could see it being sold to a seperate entity, but I think the decision on the future of the Club will have to come first (Is that OK for you JohnB???).
John B Posted 20 May, 2009 Posted 20 May, 2009 With regards selling SMS seperately, then I have always been of the view that it is totally dependent on whether or not the Football Club stays as a going concern. The value changes massively if there is no tenant willing to pay "rental income", so any deal on the stadium will be inextricably linked to to the sale (or not) of the Club. I could see it being sold to a seperate entity, but I think the decision on the future of the Club will have to come first (Is that OK for you JohnB???). Yes thank you my thoughts too. Do other non Premiership clubs have large debts on Stadiums which they need to service like Derby On the other point I reserve judgement as you just appear to be throwing petrol on a burning fire
um pahars Posted 20 May, 2009 Posted 20 May, 2009 Yes thank you my thoughts too. Do other non Premiership clubs have large debts on Stadiums which they need to service like Derby Many of them managed to renegotiate/reduce their debts (e.g. Lecicester)when the penalties weren't as stringent and perhaps more importantly the wider economy was a lot more buoyant. On the other point I reserve judgement as you just appear to be throwing petrol on a burning fire Well like most trolls he'll eventually burn himself out (problem with our resident troll is desire to pop back up under different names;))
gjphilsaint Posted 20 May, 2009 Posted 20 May, 2009 la la la la la la la la la la la I can't hear you! you now that absense makes the heart grow fungus!!
John B Posted 20 May, 2009 Posted 20 May, 2009 Many of them managed to renegotiate/reduce their debts (e.g. Lecicester)when the penalties weren't as stringent and perhaps more importantly the wider economy was a lot more buoyant. QUOTE] It is the Stadium Debt which is causing the problem with these bids I would have thought . Even if we were not in administration serving that debt is/was a millstone around our neck
angelman Posted 20 May, 2009 Posted 20 May, 2009 I know someone who considered trying to get it for £4m, so £4.5m seems a bit OTT.
teamsaint Posted 20 May, 2009 Posted 20 May, 2009 Many of them managed to renegotiate/reduce their debts (e.g. Lecicester)when the penalties weren't as stringent and perhaps more importantly the wider economy was a lot more buoyant. QUOTE] It is the Stadium Debt which is causing the problem with these bids I would have thought . Even if we were not in administration serving that debt is/was a millstone around our neck High repayments and running costs of SMS certainly have been a problem recently, but the club have had far more out of the stadium than it has ever cost us. If we ever get out of this mess, a quality stadium will be the launch pad for a climb back up, as crowds return to see a winning team.And I for one think SMS is a fine stadium, with plenty of atmos on a good day. As a matter of interest, does anyone know the running costs of SMS other than the mortgage repamnts?
Recommended Posts
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 accountSign in
Already have an account? Sign in here.
Sign In Now