buctootim Posted 21 May, 2009 Share Posted 21 May, 2009 Bit of a difference between regenerating a derelict site with the help of the council and bulldozing an recently built asset of the city and replacing it with flats against the wishes of the council and the people of the city. http://en.wikipedia.org/wiki/Goldstone_Ground Link to comment Share on other sites More sharing options...
Saints Warrior Posted 21 May, 2009 Share Posted 21 May, 2009 Should be £2-3m. Sounds a bit steep for me, does he not know there is a recession on. Cant the buyer just pay £1 ? Link to comment Share on other sites More sharing options...
up and away Posted 21 May, 2009 Share Posted 21 May, 2009 Originally Posted by buctootim Its not actually that expensive. You take off the topsoil put a non permeable membrane down and build over. You proabably wouldnt want to eat vegetables grown in the garden, but since the site would almost certainly be flats or offices, its not that relevant. Hmm that's not my experience. I remember an outrageous amount being quoted to remediate ex gasworks land just to provide temporary hospital carparking! It does bite into the profit margins, but no show stopper. In the present climate I doubt few but the very hardy would consider it, but the price would reflect this? Very surprised that car parking requires remediation, surfacing possibly? The reason I say that, I remember one car park that has changed hands on contaminated land (Wales) without any requirement for remediation? Link to comment Share on other sites More sharing options...
bridge too far Posted 21 May, 2009 Share Posted 21 May, 2009 It does bite into the profit margins, but no show stopper. In the present climate I doubt few but the very hardy would consider it, but the price would reflect this? Very surprised that car parking requires remediation, surfacing possibly? The reason I say that, I remember one car park that has changed hands on contaminated land (Wales) without any requirement for remediation? I think it was because the land was on a west / east incline and there was concern about the aquifers. But once we got the costs, we didn't explore the matter any further. It was about 10 years ago - my memory's not THAT good Link to comment Share on other sites More sharing options...
Scummer Posted 21 May, 2009 Share Posted 21 May, 2009 These people saying it would be easy to redevelop the site would also do well to remember the expensive archeological dig that had to be carried out before we could build the stadium. It's built directly upon the original site of Hamwic (sp?), and it's all still there, a few feet underground. We had to put in special foundations which don't go very far down. Any future developer would have to factor the cost of all this in. I think blocks of flats would be a total no-go. Link to comment Share on other sites More sharing options...
Legod Third Coming Posted 21 May, 2009 Share Posted 21 May, 2009 I understand the legal duty on the Administrator to get the best price possible but this degree of brinkmanship may well backfire and scare any potential buyers off - sell the club Mr Fry , sell it soon . Asking for 14m shouldn't prevent the club being sold for any price. It's simply negotiation. If someone can afford £10, then they can afford £14 - doesn't mean they'll willingly pay the extra mind... Link to comment Share on other sites More sharing options...
bridge too far Posted 21 May, 2009 Share Posted 21 May, 2009 These people saying it would be easy to redevelop the site would also do well to remember the expensive archeological dig that had to be carried out before we could build the stadium. It's built directly upon the original site of Hamwic (sp?), and it's all still there, a few feet underground. We had to put in special foundations which don't go very far down. Any future developer would have to factor the cost of all this in. I think blocks of flats would be a total no-go. I've just been reading about the planning conditions from when the original application was made and you're right. I was hoping to find reference to some sort of covenant restricting the use of the land but I didn't. However, the Council would still have to grant a change of use for residential / industrial development. Link to comment Share on other sites More sharing options...
wimbornesaint Posted 21 May, 2009 Share Posted 21 May, 2009 Won't they come across the P*mpey shirt if they dig up the pitch? That would need specific decontamination of the whole site! Link to comment Share on other sites More sharing options...
Morph Posted 21 May, 2009 Share Posted 21 May, 2009 A quick note to advise that Salz is still talking to Fry and is waiting to be invited to put in a bid. I should put the word "invited" in bold, but I don't know how to do that on this forum His Consortium's bid will be far far less than the two being talked about, much much less, with a take it or leave it to boot. I suspect Fry and the creditors are now getting nervous, I really do. What is it that they say about "Wily old Foxes" Regards Morph Link to comment Share on other sites More sharing options...
thorpie the sinner Posted 21 May, 2009 Share Posted 21 May, 2009 A quick note to advise that Salz is still talking to Fry and is waiting to be invited to put in a bid. I should put the word "invited" in bold, but I don't know how to do that on this forum His Consortium's bid will be far far less than the two being talked about, much much less, with a take it or leave it to boot. I suspect Fry and the creditors are now getting nervous, I really do. What is it that they say about "Wily old Foxes" Regards Morph problem is Morph, how would they be able to take the club forward? We need a foundation for the future! Link to comment Share on other sites More sharing options...
OldNick Posted 21 May, 2009 Share Posted 21 May, 2009 What is it that they say about "Wily old Foxes" or tyrekickers in the trade. They have the best intentions Im sure but after we are -25 points a L2 club should be cheap Link to comment Share on other sites More sharing options...
Give it to Ron Posted 21 May, 2009 Share Posted 21 May, 2009 A quick note to advise that Salz is still talking to Fry and is waiting to be invited to put in a bid. I should put the word "invited" in bold, but I don't know how to do that on this forum His Consortium's bid will be far far less than the two being talked about, much much less, with a take it or leave it to boot. I suspect Fry and the creditors are now getting nervous, I really do. What is it that they say about "Wily old Foxes" Regards Morph Morph Why doesn't Salz join up with the other bidders like Pinnacle? Too many cooks? Link to comment Share on other sites More sharing options...
OldNick Posted 21 May, 2009 Share Posted 21 May, 2009 Morph Why doesn't Salz join up with the other bidders like Pinnacle? Too many cooks?I just dont get the love in with Salzand co. Over a year, probably closer to 18months they have been talking about a takeover. I hope they have a masterplan and I suspect they are waiting for all else to fail and when we are about to be liquidated they will pounce and offer a very low price. Are these trhe actions who have our interests at eart? i hope my cynicism is unfounded but they certainly do frustrate, we will decompose on here quicker than they will come up with an offer. Link to comment Share on other sites More sharing options...
SFC Forever Posted 21 May, 2009 Share Posted 21 May, 2009 Question for the knowledgeable. If we end up with no deal does Fry get everything that he says he has earned? Or will he be like the rest scratching for a pittance. Link to comment Share on other sites More sharing options...
Golac's Cunning Stunts Posted 21 May, 2009 Share Posted 21 May, 2009 I just dont get the love in with Salzand co. Over a year, probably closer to 18months they have been talking about a takeover. I hope they have a masterplan and I suspect they are waiting for all else to fail and when we are about to be liquidated they will pounce and offer a very low price. Are these trhe actions who have our interests at eart? i hope my cynicism is unfounded but they certainly do frustrate, we will decompose on here quicker than they will come up with an offer. If it means they have more money to invest in the team going forwards, then it makes sense to try and get the club as cheap as possible. Faced with getting the club for £14m vs say £7m and then having a couple of £m to invest in the team, this would seem like a wise thing to do. Link to comment Share on other sites More sharing options...
OldNick Posted 21 May, 2009 Share Posted 21 May, 2009 If it means they have more money to invest in the team going forwards' date=' then it makes sense to try and get the club as cheap as possible. Faced with getting the club for £14m vs say £7m and then having a couple of £m to invest in the team, this would seem like a wise thing to do.[/quote']Yep, they have trying to be wise for 18months now.They have watched as we went into adminsitration and relegated to L1, at least it saved them a few quid,Ill sleep happier now Link to comment Share on other sites More sharing options...
Running Man Posted 21 May, 2009 Share Posted 21 May, 2009 A quick note to advise that Salz is still talking to Fry and is waiting to be invited to put in a bid. I should put the word "invited" in bold, but I don't know how to do that on this forum His Consortium's bid will be far far less than the two being talked about, much much less, with a take it or leave it to boot. I suspect Fry and the creditors are now getting nervous, I really do. What is it that they say about "Wily old Foxes" Regards Morph So his offer will be at a more realistic level than the Pinnacle and Green bids. I dare say his funds are more 'real' too. I would say this is quite encouraging. I hope he succeeds. Link to comment Share on other sites More sharing options...
OldNick Posted 21 May, 2009 Share Posted 21 May, 2009 Question for the knowledgeable. If we end up with no deal does Fry get everything that he says he has earned? Or will he be like the rest scratching for a pittance.I think they get first divi.Frys lot will not be out of pocket at all. Link to comment Share on other sites More sharing options...
OldNick Posted 21 May, 2009 Share Posted 21 May, 2009 So his offer will be at a more realistic level than the Pinnacle and Green bids. I dare say his funds are more 'real' too. I would say this is quite encouraging. I hope he succeeds.Oh good another lot who are muddying the pool.Yep lets all get behind then afterall they have been very proactive haven't they? lol Link to comment Share on other sites More sharing options...
Wade Garrett Posted 21 May, 2009 Share Posted 21 May, 2009 A quick note to advise that Salz is still talking to Fry and is waiting to be invited to put in a bid. I should put the word "invited" in bold, but I don't know how to do that on this forum His Consortium's bid will be far far less than the two being talked about, much much less, with a take it or leave it to boot. I suspect Fry and the creditors are now getting nervous, I really do. What is it that they say about "Wily old Foxes" Regards Morph If this does happen, then it will make Fry look very incompetent. Link to comment Share on other sites More sharing options...
Golac's Cunning Stunts Posted 21 May, 2009 Share Posted 21 May, 2009 Yep, they have trying to be wise for 18months now.They have watched as we went into adminsitration and relegated to L1, at least it saved them a few quid,Ill sleep happier now I think you can put the blame for administration on somebody else who happened to be running the club at the time, not on Salz. Jeez. Link to comment Share on other sites More sharing options...
OldNick Posted 21 May, 2009 Share Posted 21 May, 2009 A quick note to advise that Salz is still talking to Fry and is waiting to be invited to put in a bid. Tell him it is not the 'gentlemans excuse me' surely he just phones and makes an offer. Link to comment Share on other sites More sharing options...
INFLUENCED.COM Posted 21 May, 2009 Share Posted 21 May, 2009 I just dont get the love in with Salzand co. Over a year, probably closer to 18months they have been talking about a takeover. Post on a different thread re Salz suggested they had 5mil 'ready', as a big fan of the club, suggested he has a bit of poke, moving in city circles and aware administration has been on the cards, would have thought he would have been proactive in capitalising on the opportunity to buy/buy into his club instead of trying to nick it. Link to comment Share on other sites More sharing options...
Badger Posted 21 May, 2009 Share Posted 21 May, 2009 Pleased to read about Salz's continued presence and interest. A quick note to advise that Salz is still talking to Fry and is waiting to be invited to put in a bid. I should put the word "invited" in bold, but I don't know how to do that on this forum His Consortium's bid will be far far less than the two being talked about, much much less, with a take it or leave it to boot. I suspect Fry and the creditors are now getting nervous, I really do. What is it that they say about "Wily old Foxes" Regards Morph I too have wondered about this : Morph Why doesn't Salz join up with the other bidders like Pinnacle? Too many cooks? better still I question if someone with Salz's reputaion and standing could not act to bring the interested parties together. Link to comment Share on other sites More sharing options...
Panda Posted 21 May, 2009 Share Posted 21 May, 2009 problem is Morph, how would they be able to take the club forward? We need a foundation for the future! But surely you first have to have a club to take forward and if they are the only ones who can at least keep it running you can go nowhere, let alone forward. We are not going to get a 'sugar daddy' so we have no option but to accept what there is. Many have clamoured for 'fans' who love the club to get involved, well does Salz not come under that banner? Beggars can't be choosers ... Link to comment Share on other sites More sharing options...
INFLUENCED.COM Posted 21 May, 2009 Share Posted 21 May, 2009 Pleased to read about Salz's continued presence and interest. Why ? Link to comment Share on other sites More sharing options...
OldNick Posted 21 May, 2009 Share Posted 21 May, 2009 I think you can put the blame for administration on somebody else who happened to be running the club at the time' date=' not on Salz. Jeez.[/quote'] They have watched as we...... I did not blame him for it, there are many others who should be.As a Saints fan I myself could not have stood by and watched the demise if i had the funds to stop it happening. Salz and co were on solent and quoted by Merrington that they were going to buy the club when LC was chairman. Excuse me if i dont get too excited about them, they are opportunists IMO waiting to pick us up for a song..If it is them or extinction I will be behind them but IMO I dont feel greatly warm about the prospect at present. Link to comment Share on other sites More sharing options...
Golac's Cunning Stunts Posted 21 May, 2009 Share Posted 21 May, 2009 Post on a different thread re Salz suggested they had 5mil 'ready', as a big fan of the club, suggested he has a bit of poke, moving in city circles and aware administration has been on the cards, would have thought he would have been proactive in capitalising on the opportunity to buy/buy into his club instead of trying to nick it. Capitalising on the opportunity means buying for as low a sum as possible so that there are more funds to invest later. Any money paid up front is dead money. Would you rather he paid £14m and then had no money for players? Link to comment Share on other sites More sharing options...
Golac's Cunning Stunts Posted 21 May, 2009 Share Posted 21 May, 2009 They have watched as we...... I did not blame him for it, there are many others who should be.As a Saints fan I myself could not have stood by and watched the demise if i had the funds to stop it happening. Salz and co were on solent and quoted by Merrington that they were going to buy the club when LC was chairman. Excuse me if i dont get too excited about them, they are opportunists IMO waiting to pick us up for a song..If it is them or extinction I will be behind them but IMO I dont feel greatly warm about the prospect at present. You will probably understand if I feel the same about life long saint then. Link to comment Share on other sites More sharing options...
Badger Posted 21 May, 2009 Share Posted 21 May, 2009 Why Salz ? From everything I have read about him he is someone of gravitas in the business world,as a highly respected solicitor.If he could oversee the Guiness/Distillers merger etc then I'm sure he would bring many qualities to our board and running of the club. Had he become involved 18months ago I believe the club's relationship with the bank and other creditors may have been very different. Link to comment Share on other sites More sharing options...
Badger Posted 21 May, 2009 Share Posted 21 May, 2009 They have watched as we...... I did not blame him for it, there are many others who should be.As a Saints fan I myself could not have stood by and watched the demise if i had the funds to stop it happening. Salz and co were on solent and quoted by Merrington that they were going to buy the club when LC was chairman. Excuse me if i dont get too excited about them, they are opportunists IMO waiting to pick us up for a song..If it is them or extinction I will be behind them but IMO I dont feel greatly warm about the prospect at present. Are you not confusing Salz with Fukthorpe here ? Or is it suggested their interests are linked ? Link to comment Share on other sites More sharing options...
INFLUENCED.COM Posted 21 May, 2009 Share Posted 21 May, 2009 Capitalising on the opportunity means buying for as low a sum as possible so that there are more funds to invest later. Any money paid up front is dead money. Would you rather he paid £14m and then had no money for players? I appreciate that, what i'm getting at is there will never be a time like now for him and his to own their club, making a derisory offer could mean a lost opportunity, if the other inerested party/s have offered 7/8 mil which in principle still seems a bargain is he prepared to miss out on this opportunity for the sake of a few mil Link to comment Share on other sites More sharing options...
Badger Posted 21 May, 2009 Share Posted 21 May, 2009 Are you not confusing Salz with Fukthorpe here ? Or is it suggested their interests are linked. apologies for Freudian slip. Link to comment Share on other sites More sharing options...
OldNick Posted 21 May, 2009 Share Posted 21 May, 2009 Are you not confusing Salz with Fukthorpe here ? Or is it suggested their interests are linked. Sorry , Salz Fulthorpe cousins is the group I was talking about and as far as Im aware that is who Salz would be linked to Link to comment Share on other sites More sharing options...
INFLUENCED.COM Posted 21 May, 2009 Share Posted 21 May, 2009 Had he become involved 18months ago I believe the club's relationship with the bank and other creditors may have been very different. Why didn't he get involved ? Link to comment Share on other sites More sharing options...
TNT Posted 21 May, 2009 Share Posted 21 May, 2009 Had he become involved 18months ago I believe the club's relationship with the bank and other creditors may have been very different. He sat in board meetings with Crouch and co and the bank reps who agreed the overdraft limits and where happy. All that went out the window when Lowe and Wilde turned up and kicked everyone out. Link to comment Share on other sites More sharing options...
Badger Posted 21 May, 2009 Share Posted 21 May, 2009 A quick note to advise that Salz is still talking to Fry ... His Consortium's bid will be far far less than the two being talked about, much much less, with a take it or leave it to boot. Why on earth should such a bid be entertained by Fry ? Unless he is fed up with what he may regard as dealing with chancers, or they are bound to fall at some further hurdle. Link to comment Share on other sites More sharing options...
OldNick Posted 21 May, 2009 Share Posted 21 May, 2009 You will probably understand if I feel the same about life long saint then. MJ did not stand by when having the ability to buy to stand back and let it go to ruin.He has tried to get a deal together.If he fails i know he will be pilloried again, perhaps rightly so, from the bit i know I think it would be really unfair.I do hope there will be a time when he can do a 'told you so' Link to comment Share on other sites More sharing options...
Golac's Cunning Stunts Posted 21 May, 2009 Share Posted 21 May, 2009 I appreciate that, what i'm getting at is there will never be a time like now for him and his to own their club, making a derisory offer could mean a lost opportunity, if the other inerested party/s have offered 7/8 mil which in principle still seems a bargain is he prepared to miss out on this opportunity for the sake of a few mil Perhaps he is more clued up than you or I know? If I was him I'd be wetting myself that a guy called LLS was involved in one of the opposing bids. Link to comment Share on other sites More sharing options...
OldNick Posted 21 May, 2009 Share Posted 21 May, 2009 He sat in board meetings with Crouch and co and the bank reps who agreed the overdraft limits and where happy. All that went out the window when Lowe and Wilde turned up and kicked everyone out. Well that is made up or a figment of your imagination as both MW and RL mentioned him being invovled during boardmeetings etc Link to comment Share on other sites More sharing options...
Badger Posted 21 May, 2009 Share Posted 21 May, 2009 Why didn't he get involved ? TNT may have answered that for you in the following post. He sat in board meetings with Crouch and co and the bank reps who agreed the overdraft limits and where happy. All that went out the window when Lowe and Wilde turned up and kicked everyone out. Anything further than that is a question for Salz himself. I don't know. It is however a valid question. Link to comment Share on other sites More sharing options...
OldNick Posted 21 May, 2009 Share Posted 21 May, 2009 Perhaps he is more clued up than you or I know? If I was him I'd be wetting myself that a guy called LLS was involved in one of the opposing bids.I dont think it is the case but what a wonderful double bluff that would be to take his eye off the ball Link to comment Share on other sites More sharing options...
Golac's Cunning Stunts Posted 21 May, 2009 Share Posted 21 May, 2009 MJ did not stand by when having the ability to buy to stand back and let it go to ruin.He has tried to get a deal together.If he fails i know he will be pilloried again, perhaps rightly so, from the bit i know I think it would be really unfair.I do hope there will be a time when he can do a 'told you so' Unfortunately, I think MJ would be trying to put a bid together for Man U if they fall on hard times. Wouldn't give it too long before he tables a bid for Pimply when it goes tits up there. Link to comment Share on other sites More sharing options...
OldNick Posted 21 May, 2009 Share Posted 21 May, 2009 Unfortunately' date=' I think MJ would be trying to put a bid together for Man U if they fall on hard times. Wouldn't give it too long before he tables a bid for Pimply when it goes tits up there.[/quote'] Perhaps, but far more successful than I would be at doing it.Even managed to get proof of funds and deposit agreed. he must do it for a hobby because of course instructing solicitors and lawyers just top waste Fry's time costs him nothing Link to comment Share on other sites More sharing options...
TNT Posted 21 May, 2009 Share Posted 21 May, 2009 Well that is made up or a figment of your imagination as both MW and RL mentioned him being invovled during boardmeetings etc Well its not a figment of my imagination and you would not get either of those two mentioning it as they where rightfully out of the building at the time. Link to comment Share on other sites More sharing options...
krissyboy31 Posted 21 May, 2009 Share Posted 21 May, 2009 (edited) Sorry , Salz Fulthorpe cousins is the group I was talking about and as far as Im aware that is who Salz would be linked to Not sure Salz was ever part of the Fulthorpe/Cousins/Merrington group (financially at least). He was assisting Crouch with his dealings with the bank before Lowe/Wilde returned. They may well have had him lined up as CEO if they had ever managed to mount a take-over but then again, they were supposed to have lined up Shearer as manager. Edited 21 May, 2009 by krissyboy31 Link to comment Share on other sites More sharing options...
INFLUENCED.COM Posted 21 May, 2009 Share Posted 21 May, 2009 TNT may have answered that for you in the following post. Anything further than that is a question for Salz himself. I don't know. It is however a valid question. Of course, so having sat in on those meetings aware of the ratio of wages to revenue and complicit in allowing Lowe back in just can't understand why some are enthused by his interest Link to comment Share on other sites More sharing options...
OldNick Posted 21 May, 2009 Share Posted 21 May, 2009 Well its not a figment of my imagination and you would not get either of those two mentioning it as they where rightfully out of the building at the time. Wel get the Echo's interview with MW and he states that Fry (barclays) was at the board meetings as well as agreeing to players signings etc. Link to comment Share on other sites More sharing options...
Golac's Cunning Stunts Posted 21 May, 2009 Share Posted 21 May, 2009 Perhaps, but far more successful than I would be at doing it.Even managed to get proof of funds and deposit agreed. he must do it for a hobby because of course instructing solicitors and lawyers just top waste Fry's time costs him nothing If he brokers a deal, absolutely it will cost him nothing. He will obviously be looking to make from the deal. If you think his motivation for doing this is the love of SFC, I think you are possibly wrong. I would say ego, kudos and money in that order. Link to comment Share on other sites More sharing options...
Verbal Posted 21 May, 2009 Share Posted 21 May, 2009 Sorry , Salz Fulthorpe cousins is the group I was talking about and as far as Im aware that is who Salz would be linked to Salz was involved with Fulthorpe? I find that VERY hard to imagine. To be fair to Morph, he's consistently said for months that Salz was standing in the background and - I'm paraphrasing here - waiting to pick up the pieces whenever the three amigos hit the destruct button. And he was never going to get into a bidding war, even at this late stage. BUT...it would be nice if Salz and his backers actually delivered after all this time. After all, there is the small matter of the survival of the club to consider. Link to comment Share on other sites More sharing options...
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