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Marc Jackson consortium has moved to due diligence.


derry

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so you would prefer to go bust than have 'non gowth'??????

 

Personally I think it unlkely anyone other than a consortium will by SFC. Are we so attractive that us fans can pick who we want to buy the club?

Some don't want MJ because he failed to buy Bournemouth and gives poor interviews.

Great. let's boycott him and wait for someone else.......

 

 

After having Lowe in charge for over twelve years, at the moment I can see little real difference between the options as you put them

 

With Lowe we will have NO GROWTH .... no change there.

Going bust ??? ..... as opposed to (continuing) to sink even lower down the Leagues under Lowe

 

People seem to forget one vital thing. Over his previous TWO "Reigns", he has NEVER been here for the benefit of SAINTS. He has always openly said he was here as Chairman of the PLC ..... A VAST DIFFERENCE

 

I will back ANYONE .... as long as it in no way involves Lowe

 

As the Meerkats say .... "Simple"

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After having Lowe in charge for over twelve years, at the moment I can see little real difference between the options as you put them

 

With Lowe we will have NO GROWTH .... no change there.

Going bust ??? ..... as opposed to (continuing) to sink even lower down the Leagues under Lowe

 

People seem to forget one vital thing. Over his previous TWO "Reigns", he has NEVER been here for the benefit of SAINTS. He has always openly said he was here as Chairman of the PLC ..... A VAST DIFFERENCE

 

I will back ANYONE .... as long as it in no way involves Lowe

 

As the Meerkats say .... "Simple"

 

Deja vu. It's an 'anyone but Lowe' strategy.

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Poster location: stichill

 

Is that Stitch Hill? How's the MOT business Dave? So bad you can't afford £5 to register under a different name? :smt117:D

 

I have a cottage in stichill, kelso. I have met St David & his wife 4 years ago in kelso. Thats the only connection we have - bar being saint fans. I work for southampton city council, & i'm based in St Marys. The person who told me on friday is 100% reliable & is not a football fan at all. I was working for the council on official business with two other officials. This lady works for town or country in oxford St, in Southampton, & MJ is her client. I really dont care if you believe me or not. All i want is Saints to live on & start to climb the football league ladder, i thought id pass this info on, but i know now that the deal has been done, like Nick said, most of you are just pi*s takers. St David & i know we are not one of the same, ask an admin to check out our id's, of if you lot on here are really clever!! call town & country and ask if MJ is client. Let me know if you want any more info about the deal.

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I'm no expert on administration but there are alot of things which don't appear to add up, like:

 

Not selling any players and adding Saeijs, Molyneaux and Smith to the wage bill in January.

 

Going into admin a matter of days after the critical deadline - reducing the price of the club.

 

Fry wanting 500k to look at the books - Lowe already knows the books.

 

Maybe I'm just being paranoid but if Lowe ends up in control again all of the above will suddenly make sense.

 

 

And then Fry "waived" the £500K for Jackson/Green/Others Consortium ....Hmmm

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Phil,

 

The following is written in the style of trousers – so if any of it is inaccurate, don’t blame me.

 

I’ve taken your admonition to read what you say very carefully, and concluded that:

 

1. Although you’re a long-term friend of MJ, this time, you’ve now gone one step further (in the purely Platonic sense, of course), and are actually involved in the MJ/Green bid. If it succeeds, you’ll be somewhere between a sleeping partner and director of finance.

Nothing new - I have posted already quite openly, I haven't signed anything with anyone, but because I and a lot of other people in IT know STUART GREEN very well, as well as knowing MJ, I have offered some of my limited advice and skill sets as a fan and a businessman.

As far as I am aware, there are a lot of people who have been giving some help, some are fans, some are friends.

I also mentioned a few times that if I had any money to spend in this sort of game my wife's divorce lawyers would wish to know.

2. Somewhere in ‘The Art of War’ it says you should show your enemy your Achilles heel – and perhaps a more significant one than MJ. Having not actually read Sun Tzu, I can only conclude that it’s in there somewhere, because you seem to have conceded that the consortium is made up of ‘professionals with specific skill sets.’ Salz’s militia appear certain that this means that the moneybags are not in the actual consortium itself – hence Morph’s caustic response, that you ‘seem to be implying that the people behind Jackson are the people with money.’ So presumably MJ/Green/Phil are going to be looking to the money markets, to the extent that they still exist in Dubai, or to a single, loaded investor somewhere out there in the shifting sands.

On your last bit no.

On the reat, all I have tried to point out along the way is that SG/MJ would not have even received a copy of the first sales pack produced by Fry's team if they had not been able to prove a specific figure in terms of funding. The current state of the money markets are such that you simply could not do that and Fry, being a professional would simply laugh you out the door.

Because they have kept to the terms of the NDA, I simply pointed out that assuming it IS Jackson alone, may not be correct. Morph used the line about a photo copier salesman, I just think that it is wrong, if they are so keen to get the club for nothing, to make assumptions about the strength of your opposition.

As for Pinnacle, they put all their forces out on display and promptly marched into a minefield. I can fully understand why that happened, and also how much work Tony Lynam and his team put into it. This is such an inexact science, the problems of finding backers/financiers and then keeping them all marching in the same direction with only a week or so of preparation is BL**DY hard. I am sure that MLT was vital to them in getting them on board and motivating them for the massive amount of work to be done before getting to actually pay over any money.

One thing I can guarantee, and have posted regularly, Dubai won't be spending money on ANYTHING for a long time.

Again, also in the assumption stakes, why would they have money men "behind" them. It could equally be that the money men found Stuart.

Like I have said, assumptions without facts make for bad judgement calls. Opinions are good, debate is good but declaring you would never go to SMS because of something that you read in the Echo or on here that may not be the whole truth is, IMHO a bit daft

3. You’ve confirmed that Aviva in particular – the single largest creditor by far – are playing hardball, to the extent that they won’t accept anything less than the total of what they’re owed, although it might be in the form of pennies in the pound now plus some sort of buy now/pay later deal. This means that their finger truly is on the nuclear button – and so I understand completely your anxiety that the club itself will go into Administration with a -25 points penalty, and may well sink straight into League Two and possible further oblivion.

No I have not said anything about the position of creditors (you a Jouno!?). I do not have any figures.

I believe that HMRC & Football debts must be cleared, then we have what have been called "small" creditors, and then the secured debts.

Barclays are supposed to be about 4mil for their overdraft, Aviva about 24, that takes it to 28 and the figures when we went bust were published at being around 30 to 32 mil.

Fry is alleged (on here & the Echo) to say he wants 14mil so maybe that's what they will accept, but no idea in what percentages.

Is it WRONG to worry that the "last resort" bid of something like 5mil may NOT make those creditors happy? Have Salz explained whether they will actually load this debt onto the cash-flow plans in the future? or are they hoping everything will be alright because they are nice guys? No facts - I worry

Do we know the ACTUAL HMRC bill or Football Creditors?

What happens if the 5mil doesn't get accepted by them?

An extra minus 15 points beckons.

Am I WRONG to worry about that? That is different from being anti-Salz

4. This one is maybe way out there. The consortium has used its influence at the club to encourage Mark Wotte to act as if it’s ‘business as usual’, in preparation for an appeal against the ten-point deduction. Hence the contract offers to Davis, Euell and BWP, etc. (By the way, who IS Wotte’s boss right now, if the club itself is not in admin – surely not Fry.)

No idea

Four responses are permissible to each of the above: a flat-out denial (‘Wrong’), a non-denial denial (‘the order of your facts is wrong’), sheepish chortling (not sure how you do that in a post, but I’m sure you’ll find a way), and abuse (you choose.)

 

Having failed to get a response from Morph yesterday, I’m going to ‘trouser’ him shortly too, in like-for-like forensic analysis (or complete garbage – delete to taste).

 

Verbal - you ask sensible questions hope I have answered them. there's no way I know any detailed informatiion because I am not a signed up member of the group as I've said.

 

My opinion stays the same.

 

Is somebody trying to save the club? Yes, one is following the official process and NDA's that Fry wanted.

Pinnacle tried, I did question why they carried out their bid in the media. I did that simply because of track record. How many bids in the media have succeeded for our club? - zero

 

There is no information about how much money or even who is actually IN the MJ group. So we have no actual facts about whether it will take us forward or not?

There has not been a single statement. This could be for two reasons - 1) it is all BS or 2) they have learnt some lessons from the past.

 

We also have no actual facts about the investment budget that Salz/Leon/ etc have, let alone the bidders, so again the "they'll have no money to run the club" argument is, at the moment, invalid. Better to ask "What will their budget be?" but actually nobody has done that yet. (oh no idea ok)

 

Again. Do I support the supposed MJ/SG bid? Hell yes, because it is in there, it is on the table and so far they are following the process that the administrator wants, and I STILL don't see anyone else actually BIDDING.

 

Will I support a bloke who's sailing up the Solent to park his yacht under the Itchen Bridge - hell no - not until he actually makes a BID, then hell yes

 

I wait for the facts and the names and the structure of ANY successful owners and their press statements and plans and visions whoever they are. I don't see how sly nudge nundge wink wink popularity contests get us closer to saving the club

 

At least in all my posts I let you all know I worry a lot, and keep trying to point out that it is a very dangerous time.

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I have a cottage in stichill, kelso. I have met St David & his wife 4 years ago in kelso. Thats the only connection we have - bar being saint fans. I work for southampton city council, & i'm based in St Marys. The person who told me on friday is 100% reliable & is not a football fan at all. I was working for the council on official business with two other officials. This lady works for town or country in oxford St, in Southampton, & MJ is her client. I really dont care if you believe me or not. All i want is Saints to live on & start to climb the football league ladder, i thought id pass this info on, but i know now that the deal has been done, like Nick said, most of you are just pi*s takers. St David & i know we are not one of the same, ask an admin to check out our id's, of if you lot on here are really clever!! call town & country and ask if MJ is client. Let me know if you want any more info about the deal.

 

I rang Town and Country in Oxford Street and they have never heard of Jacko or Southampton. :D..Seriously ..no reply....Me thinks You doth protest too much.. strange post/subject by you.:rolleyes:...and you got found out when

you suggest that nick is not one of us[-X. IN my humble opinion he is, like some on here..one of the biggest of all piiiisssstakers pretending to know something about football and takeovers..Maybe most of us do that to be honest... This does not count the posters who really do know everything and everybody and belittle all us true fans with their arrogance...Follow the leader..Maybe...on the other hand you seem very cosy with nick and Jacko and mob.:smt117.That certainly does not make you a bad person.:cool:. Unless you are a friend of jonah:smt084

 

Double check your expenses before submitting...Councillors and council staff are next...So the Telegraph suggests.....If only they would find out where all the money went...[-X on you Saints.

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I rang Town and Country in Oxford Street and they have never heard of Jacko or Southampton. :D..Seriously ..no reply....Me thinks You doth protest too much.. strange post/subject by you.:rolleyes:...and you got found out when

you suggest that nick is not one of us[-X. IN my humble opinion he is, like some on here..one of the biggest of all piiiisssstakers pretending to know something about football and takeovers..Maybe most of us do that to be honest... This does not count the posters who really do know everything and everybody and belittle all us true fans with their arrogance...Follow the leader..Maybe...on the other hand you seem very cosy with nick and Jacko and mob.:smt117.That certainly does not make you a bad person.:cool:. Unless you are a friend of jonah:smt084

 

Double check your expenses before submitting...Councillors and council staff are next...So the Telegraph suggests.....If only they would find out where all the money went...[-X on you Saints.

 

 

lol

 

DP makes a quip at Morph about somebody in SCC maybe got a strange phone call for saying something they shouldn't have done and KK pops up dissing MJ and claiming to work for - yep SCC

 

Couldn't make it up

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Phil although I joke sometimes...I luv em all...and like all true Saints fans..you and me...want a true saviour...true saviour...Onwards and upwards and all that.

 

Sum take themselves sooo seriously.....I still say lets leave it to the big boyzz..Now where are my true.. Uncles Leon, Anthony and Gavyn when I need them.

 

Bit worried by your co Forum football manager, nickey.....Too many pils ............................lager lately.

 

Hope the sun is shining on you out there In the desert Uncle Phil.

 

Luv to all my fellow Saints fans.

Edited by ottery st mary
spellin
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Just look at the posts that are so anti Salz and anyone else other than Jackson and Green and so called friends....Move on you say but look at you nick and group are so consumed with hatred and bile with your hissy fits as jonah puts it with anything anti Rupes:smt084 you so remind me that Rupes is not too far away....save the club...Jackson and co are having a larf...just look at nick and his posts above and for you as well, same old same old stuff. I have moved on and yet still don't trust Rupert and mob or his entourage on this forum whether it is, you nick, jonah and co because you still come out with the same and cry and stamp your feet over others views...

No doubt an admin/mod would say I should respect others views...So here goes...Best of luck to you and nick and the Jackson sideshow.:rolleyes:

 

No offence to you and the tiller girls.:smt117

 

We don't seem to hae too many options at the moment do we? I am not having a go at Salz in particular but it does make me laugh when he and his ilk are held up as saviours when what have they done since relegation from the Premiership? Eff all mate!

 

So Ruper Lowe has an entourage on this forum, that is news to me. I don't want him back. Both Jonah and Nich have gone record to say that they want(ed) someone better. If we have anything in common it is that none of us thought that Wilde or Crouch were any better than Lowe - probably worse if truth be known.

 

So that makes us Tiller Girls does it?

 

I'll make it 100% clear just so as you know....I do not want Rupert Lowe back. If he came back with the best offer to save the club I would not through my toys out of the pram...but that ain't going to happen is it?

 

When "heroes" like Salz actually stop prevaricating and do a lot more than "advise" Crouch I will sit up and take notice...until that time the only people I am going to take seriously are the people in a position to save this club. For better or for worse one of hose people seems to be Marc Jackson.

 

Already it seems that Marc Jackson is taking over the Lowe role as pantomime villian. Perhaps we should see what he comes up with before we judge him. Just because people fail elsewhere it doesn't mean they will fail all the time.

 

Out hero MLT championed Pinnacle and what is happening there??

 

Let's stop this whinging about past characters and see how this plays out before taking sides again eh?

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Is this £500k deposit thingy usual practice when a business goes into admin?

I can understand that the administrator wants some commitment from the potential buyer but having to pay a non refundable £500k just to get access to the books is a bit rich,especially if you don't like what you see and decide it's not for you.

 

I could not agree more, so one is supposed to pay this out to see the books, then if you decide the risk is too high you lose the 500K; that is not rich that is really taking the Pxxs.

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We don't seem to hae too many options at the moment do we? I am not having a go at Salz in particular but it does make me laugh when he and his ilk are held up as saviours when what have they done since relegation from the Premiership? Eff all mate!

 

So Ruper Lowe has an entourage on this forum, that is news to me. I don't want him back. Both Jonah and Nich have gone record to say that they want(ed) someone better. If we have anything in common it is that none of us thought that Wilde or Crouch were any better than Lowe - probably worse if truth be known.

 

So that makes us Tiller Girls does it?

 

I'll make it 100% clear just so as you know....I do not want Rupert Lowe back. If he came back with the best offer to save the club I would not through my toys out of the pram...but that ain't going to happen is it?

 

When "heroes" like Salz actually stop prevaricating and do a lot more than "advise" Crouch I will sit up and take notice...until that time the only people I am going to take seriously are the people in a position to save this club. For better or for worse one of hose people seems to be Marc Jackson.

 

Already it seems that Marc Jackson is taking over the Lowe role as pantomime villian. Perhaps we should see what he comes up with before we judge him. Just because people fail elsewhere it doesn't mean they will fail all the time.

 

Out hero MLT championed Pinnacle and what is happening there??

 

Let's stop this whinging about past characters and see how this plays out before taking sides again eh?

 

 

Have no worries..I was once alongside you in the Tiller Girls....Just ask Brucie.:)

 

Que Sera ( spellin.. I wasn'T very good at Russian at school) But you know what I mean...It is actually me that has been trying..very trying I hear you say...to get you and my old formation dancing troupe :smt117to move forwards and now at least take whatever the true saviours will give us tomorrow or is it Friday......TRUE SAVIOURS, hopefully....NEVER WHINGE...Unc.[-X

 

Failures in the past can sometimes recover and regroup.:rolleyes:...But can we take too many failures on board in such a short space of time. If whacko Jacko has anything about him he will ignore you and me for starters or he can send on his dogs to hunt us down.:cool:..Poodles only in my case..All the others will scare me.

 

nickey boyzz and others keep shouting and trying to spend Uncle Anthony and Gavyns money......Never saw or heard him and luvvers trying to encourage Uncle Rupes to do likewise before or now....Not a whinge just an observation..Sorry to mention Rupes:smt084

Luv you uncle....:p

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Phil although I joke sometimes...I luv em all...and like all true Saints fans..you and me...want a true saviour...true saviour...Onwards and upwards and all that.

 

Sum take themselves sooo seriously.....I still say lets leave it to the big boyzz..Now where are my true.. Uncles Leon, Anthony and Gavyn when I need them.

 

Bit worried by your co Forum football manager, nickey.....Too many pils ............................lager lately.

 

Hope the sun is shining on you out there In the desert Uncle Phil.

 

Luv to all my fellow Saints fans.

 

 

The sun is fantastic although hit 39C yesterday and not much less today

 

Had a nice afternoon with a quick 9 holes at the Creek and got some revenge for my 8-0 slapping last week by winning 6-2 with one halved and I managed to par both the big par 5's as well, in fact 4 pars in 9 holes - heck may have to start doing this properly.

 

I think nickh is under a lot of pressure. it is very tough being a manager with a 100% losing record, it gets to you, it eats away, I think the fact that he was outdone by a desire to win at all costs attitude has really rattled him. Never underestimate the will to win.

 

I agree with you wholeheartedly about leaving things to the big boys, I REALLY REALLY REALLY hope they get their effing acts together, BUT if they don't should us fans just say oh well not worth trying?

 

(Of course I could have answered with yeah, them Big Boys didn't do anything that well in the last 4 years, or the other old adage......

 

Sometimes you need a (s)pratt to catch a mackerel, which you can then use as bait to catch a bigger fish, which as long as you have a nice big net to land it with.....)

 

:D

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I have a cottage in stichill, kelso. I have met St David & his wife 4 years ago in kelso. Thats the only connection we have - bar being saint fans. I work for southampton city council, & i'm based in St Marys. The person who told me on friday is 100% reliable & is not a football fan at all. I was working for the council on official business with two other officials. This lady works for town or country in oxford St, in Southampton, & MJ is her client. I really dont care if you believe me or not. All i want is Saints to live on & start to climb the football league ladder, i thought id pass this info on, but i know now that the deal has been done, like Nick said, most of you are just pi*s takers. St David & i know we are not one of the same, ask an admin to check out our id's, of if you lot on here are really clever!! call town & country and ask if MJ is client. Let me know if you want any more info about the deal.

 

You and St D. had a love in around the time of Paul Allen debacle, 2 years ago. At the time you went on about meeting up. Even the Derby fans who posted crap at the time said you were one and the same. Good job my memory is better than the corrupted TSF database.

 

Anyway, back to matters more pressing (and I cannot believe I am even entertaining discussing this), if you had just done a deal to buy the club would you really take the administrator along with you to a letting agency and then not be able provide proof of funds to remove a wheel clamp?

 

Please pass on my regards to Kevin Keegan.

Edited by St Chalet
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I have a cottage in stichill, kelso. I have met St David & his wife 4 years ago in kelso. Thats the only connection we have - bar being saint fans. I work for southampton city council, & i'm based in St Marys. The person who told me on friday is 100% reliable & is not a football fan at all. I was working for the council on official business with two other officials. This lady works for town or country in oxford St, in Southampton, & MJ is her client. I really dont care if you believe me or not. All i want is Saints to live on & start to climb the football league ladder, i thought id pass this info on, but i know now that the deal has been done, like Nick said, most of you are just pi*s takers. St David & i know we are not one of the same, ask an admin to check out our id's, of if you lot on here are really clever!! call town & country and ask if MJ is client. Let me know if you want any more info about the deal.

 

Me thinks the lady doth protest too much.

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You and St D. had a love in around the time of Paul Allen debacle, 2 years ago. At the time you went on about meeting up. Even the Derby fans who posted crap at the time said you were one and the same. Good job my memory is better than the corrupted TSF database.

 

Thats what I remember!

 

I am also intrigued at some slating the pinnacle interest because they have played it out in the media spotlight, which is strange because we seem to know more about the MJ bid. Stuart Green is a backer is he not and yet I haven't got a clue who the proposed backers were for the pinnacle bid apart from MLT endorsing it and ofcourse the middle man.

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...At least in all my posts I let you all know I worry a lot, and keep trying to point out that it is a very dangerous time.

 

Many thanks, Phil – it’ll take a while to digest all that and think through the implications, but I really appreciate the detailed response. I’d have responded sooner but MOG hasn’t paid my fiver yet and this 3-posts rule is a bit of a nuisance while things are this ‘interesting’.

 

Now on to our friend on the other side of the fence…

 

Morph,

 

I know you model yourself on Deep Throat – only confirming or denying statements made on here. But how about breaking the Delphic habit and answering a few questions, without using the phrase ‘follow the money’ (or lack of it…).

 

It seems beyond doubt that you’re close enough to the Salz camp to know not only what they’re up to, but also to have at least some inside information about the strengths and especially the weaknesses of the MJ/Green camp.

 

How do you know – or come to believe – that the immediate consortium around MJ do not have the money? If what you say is true, the MJ bid is bound to fail – so it’s pretty critical information.

 

Why is Crouch – who is clearly part of the Salz consortium – willing to underwrite the immediate running costs of SFC Ltd, if there is even half a chance the MJ bid will succeed? Is there an agreement between the two sides that if MJ wins then Crouch will be reimbursed? Or are you all so certain of their failure that Crouch’s underwriting funds are safe? (Of course, contrary to nickh, Crouch’s underwriting does in effect make the Salz group – of which Couch is a member – the only ones so far who’ve put their money where their mouth is…but it doesn’t make total sense without answers to these questions.)

 

Have you factored in the problem of the club getting stuffed with a 25-point deduction if the MJ bid fails and effectively ‘times out’ your counter-bid?

 

Is the Salz bid so low that it is only possible with the complete collapse of the club – so that Aviva and Barclays have no choice but to accept a reduced asking price?

 

Are the Salz group prepared to talk to the MJ bid about a possible pooling – or are they seen as beyond the pale?

 

All IYHO.

 

Regards,

 

V

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Is the Salz bid so low that it is only possible with the complete collapse of the club – so that Aviva and Barclays have no choice but to accept a reduced asking price?

Are the Salz group prepared to talk to the MJ bid about a possible pooling – or are they seen as beyond the pale?

 

All IYHO.

 

Regards,

 

V

 

Either I have missed something, or this point is flaw in the logic of many people on here.

 

As I understand it Aviva and Barclays are not under obligation, or have to accept any bid at all. If the club is worth more at 'the breakers yard' by selling off individual portions of it ( ie Jacksons Farm, Staplewood,the SMS site ) than a "bid of the last resort" as someone termed it to buy it all then we are no more.

 

I too have wondered about the possibility of the pooling of resources etc but suspect Salz, Davies et al are used to conducting business in higher echelons,without the input of "business strategists" who may want to call the shots.

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Either I have missed something, or this point is flaw in the logic of many people on here.

 

As I understand it Aviva and Barclays are not under obligation, or have to accept any bid at all. If the club is worth more at 'the breakers yard' by selling off individual portions of it ( ie Jacksons Farm, Staplewood,the SMS site ) than a "bid of the last resort" as someone termed it to buy it all then we are no more.

 

I too have wondered about the possibility of the pooling of resources etc but suspect Salz, Davies et al are used to conducting business in higher echelons,without the input of "business strategists" who may want to call the shots.

 

I asked this question before and no-one seemed able to give me an answer.

 

How much would a 'breaker's yard' sale realise? Does anyone know?

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Either I have missed something, or this point is flaw in the logic of many people on here.

 

As I understand it Aviva and Barclays are not under obligation, or have to accept any bid at all. If the club is worth more at 'the breakers yard' by selling off individual portions of it ( ie Jacksons Farm, Staplewood,the SMS site ) than a "bid of the last resort" as someone termed it to buy it all then we are no more.

 

I too have wondered about the possibility of the pooling of resources etc but suspect Salz, Davies et al are used to conducting business in higher echelons,without the input of "business strategists" who may want to call the shots.

 

But the club is worth approx £0 at the breaker's yard. Any money brought in in transfers will be sucked up by the salaries that need to be paid while negotiations go on etc etc. So if a buyer wants the club and the stadium they only really need to pay for the stadium.

 

I don't see why Jackson's farm is in discussion at all. Why would anybody buying the club want to waste money on buying that from the administrator? It might as well be sold of to a separate buyer. Staplewood isn't important. We could always do the skates trick of training at the university grounds.

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But the club is worth approx £0 at the breaker's yard.

I don't see why Jackson's farm is in discussion at all. Why would anybody buying the club want to waste money on buying that from the administrator? It might as well be sold of to a separate buyer. Staplewood isn't important. We could always do the skates trick of training at the university grounds.

 

The club ( or SLH,whichever guise we are under) has assets which are worth a fair bit as land for development or whatever.It is not just about a football club and a squad of players.

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The club ( or SLH,whichever guise we are under) has assets which are worth a fair bit as land for development or whatever.It is not just about a football club and a squad of players.

 

The administrator said the club was exactly that. Only player registrations.

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Didn't Leeds' CVA involve paying a greater part of the debt back when they return to the Premier league?

 

Surely Barclays and Aviva's interests would be better served by this sort of agreement with us, rather than the liquadation of the Club.Couldn't they accept X amount in the pound now, followed by a far greater amount if we return to the top flight.

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You and St D. had a love in around the time of Paul Allen debacle, 2 years ago. At the time you went on about meeting up. Even the Derby fans who posted crap at the time said you were one and the same. Good job my memory is better than the corrupted TSF database.

 

Anyway, back to matters more pressing (and I cannot believe I am even entertaining discussing this), if you had just done a deal to buy the club would you really take the administrator along with you to a letting agency and then not be able provide proof of funds to remove a wheel clamp?

 

Please pass on my regards to Kevin Keegan.

 

It wasnt that he had no money to pay, according to her, but that he was her client, & she was very upset about the clamp on his car for parking it in private property, when she told him it was fine to park there, she felt obligated to pay, as she said to him that it was fine to park where he did! again i'm not bothered that you dont believe me, your not important to me in any way, just appolagise to me when i prove you wron please. Also i dont know KK, but i'd love to pass on your regards. Have you his no:?

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It wasnt that he had no money to pay, according to her, but that he was her client, & she was very upset about the clamp on his car for parking it in private property, when she told him it was fine to park there, she felt obligated to pay, as she said to him that it was fine to park where he did! again i'm not bothered that you dont believe me, your not important to me in any way, just appolagise to me when i prove you wron please. Also i dont know KK, but i'd love to pass on your regards. Have you his no:?

 

Cheers for confirming who you are. Apologies to St David.

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But the club is worth approx £0 at the breaker's yard. Any money brought in in transfers will be sucked up by the salaries that need to be paid while negotiations go on etc etc. So if a buyer wants the club and the stadium they only really need to pay for the stadium.

 

....

 

Perhaps they will try and sell us our bricks and pavement slabs back http://www.saintsweb.co.uk/forum/images/icons/icon7.gif

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I asked this question before and no-one seemed able to give me an answer.

 

How much would a 'breaker's yard' sale realise? Does anyone know?

 

I posted a rough comparison of sale as a going concern vs break up sale somewhere... (might not have been on this thread though)

 

For detailed figures you'd need access to the valuations done by agents which I will be amazed if anybody on here has.

 

Edit: found it...

 

Right, have been reading the thread on the ipod but my laptop is knackered so I've had to wait for the Mrs to finish shoe shopping (or whatever it is she does) to borrow hers.

 

I think the best way to look at this is what would happen to each asset in either circumstance.

 

In broad terms...

1) Southampton FC (excluding players)

 

Sale to consortium - Will have some value, amount depends on who you want to listen to so for simplicity let’s say £1 million?

 

Fire sale - Ceases to exist £Nil

 

From a creditors persective Sale wins £1m - £Nil

 

 

2) Jacksons Farm,

 

This land can be sold separately in either scenario. If a consortium wants to buy a football club I would suggest they probably wouldn't want JF anyway. If they do want JF then they can buy it separately.

 

Score draw

 

 

3) Staplewood.

 

I'm not sure of the freehold/leasehold situation or restrictions on sale mentioned by some but I would suggest its probably worth more if sold to a football team wanting to use it.

 

If the administrator thinks that he can sell the land to a developer and a consortium can't match the price then it isn't the end of the world. As mentioned by others we COULD use alternative facilities if we had to.

 

Probably more money for creditors if the club is sold

 

4) The Academy House and any other non-stadium assets.

 

As above. Would be nice to keep them but ultimately if they were sold elsewhere then it shouldn't prevent a sale of the club.

 

Although they may be involved as "negotiating chips" probably not "deal breakers" either way.

 

Score draw

 

5) Players

 

In a sale to a consortium they will have some value but any purchaser would also be taking on the fairly substantial liability of their wages which will reduce the amount that you would be prepared to pay for them. Say £5m?

 

In a break up basis - (Credit to SRS) All players would be able to give 14 days notice and leave. Value achieved for creditors £Nil.

 

 

 

6) St Mary's

 

Slightly more complicated as the coucil comes into play.

 

Although I'm happy to be corrected my expectation is:

 

i) The land is worth little to a property investor. The cost of demolishing the stadium, dealing with any contamination issues from the gas works etc are likely to be prohibitive.

 

ii) Some offices could be built on the side furthest way from the gas works but again there is nothing to stop the administrator selling the stadium but holding this stip of land back to sell elsewhere.

 

iii) The most likely purchaser is the council who would probably pay more if they were supporting the club rather than just buying an otherwise derelict site.

 

Again I can't see a situation whereby more money is raised by not having a football club in existence, either to buy the stadium or as a tennant for a 3rd party (coucil or otherwise) investor.

 

 

Now although the above is a simplistic analysis, IMO any offer being made by a consortium would have to be truely pathetic for the creditors not to be foreced to take it eventually.

Edited by Clapham Saint
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Having a wonderful image of Jackson and his "side cick" having to get their car "releasd" by asking some woman for two hundred quid while Fry was with them..............

 

I am sure that story is true and not just a bid for attention.

 

Seems Fry doesn't have any cash either then

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Many thanks, Phil – it’ll take a while to digest all that and think through the implications, but I really appreciate the detailed response. I’d have responded sooner but MOG hasn’t paid my fiver yet and this 3-posts rule is a bit of a nuisance while things are this ‘interesting’.

 

Now on to our friend on the other side of the fence…

 

Morph,

 

I know you model yourself on Deep Throat – only confirming or denying statements made on here. But how about breaking the Delphic habit and answering a few questions, without using the phrase ‘follow the money’ (or lack of it…).

 

It seems beyond doubt that you’re close enough to the Salz camp to know not only what they’re up to, but also to have at least some inside information about the strengths and especially the weaknesses of the MJ/Green camp.

 

How do you know – or come to believe – that the immediate consortium around MJ do not have the money? If what you say is true, the MJ bid is bound to fail – so it’s pretty critical information.

 

Why is Crouch – who is clearly part of the Salz consortium – willing to underwrite the immediate running costs of SFC Ltd, if there is even half a chance the MJ bid will succeed? Is there an agreement between the two sides that if MJ wins then Crouch will be reimbursed? Or are you all so certain of their failure that Crouch’s underwriting funds are safe? (Of course, contrary to nickh, Crouch’s underwriting does in effect make the Salz group – of which Couch is a member – the only ones so far who’ve put their money where their mouth is…but it doesn’t make total sense without answers to these questions.)

 

Have you factored in the problem of the club getting stuffed with a 25-point deduction if the MJ bid fails and effectively ‘times out’ your counter-bid?

 

Is the Salz bid so low that it is only possible with the complete collapse of the club – so that Aviva and Barclays have no choice but to accept a reduced asking price?

 

Are the Salz group prepared to talk to the MJ bid about a possible pooling – or are they seen as beyond the pale?

 

All IYHO.

 

Regards,

 

V

Sorry. I am saving up for my Season Ticket!:)

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I have a cottage in stichill, kelso. I have met St David & his wife 4 years ago in kelso. Thats the only connection we have - bar being saint fans. I work for southampton city council, & i'm based in St Marys. The person who told me on friday is 100% reliable & is not a football fan at all. I was working for the council on official business with two other officials. This lady works for town or country in oxford St, in Southampton, & MJ is her client. I really dont care if you believe me or not. All i want is Saints to live on & start to climb the football league ladder, i thought id pass this info on, but i know now that the deal has been done, like Nick said, most of you are just pi*s takers. St David & i know we are not one of the same, ask an admin to check out our id's, of if you lot on here are really clever!! call town & country and ask if MJ is client. Let me know if you want any more info about the deal.

 

Town & Country would, I believe, show more discretion than you with the names of their customers and customer's business. As you say, I cannot prove who you are or are not but the malarkey of the previous two close season's has pretty much made me cynical of almost anyone who comes on here spouting snippets of information which have normally proven to be utter crap.

 

If LifelongCherryPip can save this club by introducing a team of substance to the deal then fair play to the man. Unfortunately his past record and the interview do not show him in good light and bearing that in mind I shall reserve my congratulations until earned.

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The deal has been done. I found out on saturday. I was told by someone from Town or Country in oxford street, MJ is her client. She told me MJ and his side cick (simon) got there car clamped in oxford street on friday eve, she had to pay to get the car releasd, Mr Fry was with them. She is not a football fan.

 

Here's a horribly inconvenient FACT for you Kelso.

 

Mark Fry was in London on Friday afternoon and evening, his partner David Hudson was handling all matters at St. Mary's after about 2pm on Friday. According to staff, Mark went back to his home as he has plans this weekend that he couldn't break hence the delays in allowing DD until after the holiday weekend.

 

ITK - BS.

 

Also FACT - no-one has been given full access to DD materials yet, and the club won't allow access to players' and staff contracts or info until a deposit is paid (as clearly that info would be invaluable to other clubs) and no deposit has been paid yet.

 

Makes me wonder who you really are that you tried to have us believe a woman with a tenuous link to the Club was telling you the deal was done.............but then your spelling and grammar sort of answers that question for me.

 

Get off this site and concentrate on trying to find us investors mate.

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Just look at the posts that are so anti Salz and anyone else other than Jackson and Green and so called friends....Move on you say but look at you nick and group are so consumed with hatred and bile with your hissy fits as jonah puts it with anything anti Rupes:smt084 you so remind me that Rupes is not too far away....save the club...Jackson and co are having a larf...just look at nick and his posts above and for you as well, same old same old stuff. I have moved on and yet still don't trust Rupert and mob or his entourage on this forum whether it is, you nick, jonah and co because you still come out with the same and cry and stamp your feet over others views...

No doubt an admin/mod would say I should respect others views...So here goes...Best of luck to you and nick and the Jackson sideshow.:rolleyes:

 

No offence to you and the tiller girls.:smt117

OSM if i didnt think that you were a little inbalanced I would find that offensive.

Iam desperate that the club I have invested so much of my emotins in is saved.I seem to have a thing against Salz and co because they have talked the talk for over 18months.In that time they have had plenty of time to assess and make a bid however poor that maybe.

It evern has got to trhe hilarious post by Morph who only speaks in Morph code, telling us that they are waitng for Fry to ASK them to table a bid.

They have talked and sat and watched us go into meltdown for over a year and not ascted to save the club from relegation and -10. If they wait for MJ 's bid to fail it will mean we will have gone in liquidation or passed the time when the league will deduct another 15 points for not coming out with a CVA. Yes they will buy the club for a song, no risk for them as they would have the asset of the stadium and any other pieces for about 5m.It is like getting a bar of gold for 30% off of scrap. Very shrewd but not in the best interests of my future enjoyent.You are so wrapped up with Leon you are hypocritical to call anyother person biased.

Excuse me if i dont wet my knickers at the thought of Salz and co. if they are the last resort ill be delighted for them to get the club but from the little i can see they are not what I want.I suspect they will have more of the old guard and hangers on and the directors box will have a very familiar look.

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Here's a horribly inconvenient FACT for you Kelso.

 

Mark Fry was in London on Friday afternoon and evening, his partner David Hudson was handling all matters at St. Mary's after about 2pm on Friday. According to staff, Mark went back to his home as he has plans this weekend that he couldn't break hence the delays in allowing DD until after the holiday weekend.

 

ITK - BS.

 

Also FACT - no-one has been given full access to DD materials yet, and the club won't allow access to players' and staff contracts or info until a deposit is paid (as clearly that info would be invaluable to other clubs) and no deposit has been paid yet.

 

Makes me wonder who you really are that you tried to have us believe a woman with a tenuous link to the Club was telling you the deal was done.............but then your spelling and grammar sort of answers that question for me.

 

Get off this site and concentrate on trying to find us investors mate.

Well DD you obviously have info being fed to you that is very close to the administrators. KK is obviously wrong about a deal being done , surely the info would be made known to the creditors for their decision I would have thought.
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OSM if i didnt think that you were a little inbalanced I would find that offensive.

Iam desperate that the club I have invested so much of my emotins in is saved.I seem to have a thing against Salz and co because they have talked the talk for over 18months.In that time they have had plenty of time to assess and make a bid however poor that maybe.

It evern has got to trhe hilarious post by Morph who only speaks in Morph code, telling us that they are waitng for Fry to ASK them to table a bid.

They have talked and sat and watched us go into meltdown for over a year and not ascted to save the club from relegation and -10. If they wait for MJ 's bid to fail it will mean we will have gone in liquidation or passed the time when the league will deduct another 15 points for not coming out with a CVA. Yes they will buy the club for a song, no risk for them as they would have the asset of the stadium and any other pieces for about 5m.It is like getting a bar of gold for 30% off of scrap. Very shrewd but not in the best interests of my future enjoyent.You are so wrapped up with Leon you are hypocritical to call anyother person biased.

Excuse me if i dont wet my knickers at the thought of Salz and co. if they are the last resort ill be delighted for them to get the club but from the little i can see they are not what I want.I suspect they will have more of the old guard and hangers on and the directors box will have a very familiar look.

 

So you could be right...I am a Leon, Anthony and Gavyn Luvvie...Does not make me a bad person to have some belief at last:)

 

Now just tell me what happened to your old flame Rupes or is he still thinking about giving us some money up front for a change:smt117

 

Now Jacko.[-X..well you go on believing pal but do not cry later as your hatred for others does not become you...Believe that sensible people are on the case;)

 

Inbalance what is that all about mucker..thought we wos buddies.[-X

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I have a cottage in stichill, kelso. I have met St David & his wife 4 years ago in kelso. Thats the only connection we have - bar being saint fans. I work for southampton city council, & i'm based in St Marys. The person who told me on friday is 100% reliable & is not a football fan at all. I was working for the council on official business with two other officials. This lady works for town or country in oxford St, in Southampton, & MJ is her client. I really dont care if you believe me or not. All i want is Saints to live on & start to climb the football league ladder, i thought id pass this info on, but i know now that the deal has been done, like Nick said, most of you are just pi*s takers. St David & i know we are not one of the same, ask an admin to check out our id's, of if you lot on here are really clever!! call town & country and ask if MJ is client. Let me know if you want any more info about the deal.

 

You must have met MJ then? He visited St David a couple of years ago. I believe he has a holiday place up there too, although I can't be certain. However, of one thing I am certain. Both you and he do not know where the shift key is when composing a post on here. Which is rather alarming that a business strategist cannot put a presentation together in his native written language! How would you know MJ is one of the Town & Country lady's clients? If I didn't know better I could suspect you of actually being Lifelongmilkpip!

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You must have met MJ then? He visited St David a couple of years ago. I believe he has a holiday place up there too, although I can't be certain. However, of one thing I am certain. Both you and he do not know where the shift key is when composing a post on here. Which is rather alarming that a business strategist cannot put a presentation together in his native written language! How would you know MJ is one of the Town & Country lady's clients? If I didn't know better I could suspect you of actually being Lifelongmilkpip!
St.David had a dodgy shift-key!
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It seems that the usual fantasists are itching to crawl out of the woodwork again and big it up on this forum.

 

I remember the pm's and not so subtle hints going backwards and forwards between LLS, St David and others a couple of years ago, playing ITK big boys and working hard to impress us mere posters not in the clique. It was and still is fecking pathetic.

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It seems that the usual fantasists are itching to crawl out of the woodwork again and big it up on this forum.

 

I remember the pm's and not so subtle hints going backwards and forwards between LLS, St David and others a couple of years ago, playing ITK big boys and working hard to impress us mere posters not in the clique. It was and still is fecking pathetic.

 

The best PM was the one LifelongSaint sent which said, amongst other things, that the PLC was buying its own shares to allow Paul Allen to come in unchallenegd within days.

 

:rolleyes:

 

I pointed out this was:

 

impossible

illegal

pointless

 

but he seemed quite taken with it.

 

 

:rolleyes:

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It seems that the usual fantasists are itching to crawl out of the woodwork again and big it up on this forum.

 

I remember the pm's and not so subtle hints going backwards and forwards between LLS, St David and others a couple of years ago, playing ITK big boys and working hard to impress us mere posters not in the clique. It was and still is fecking pathetic.

 

But VERY funny when you realise what they really are...

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The best PM was the one LifelongSaint sent which said, amongst other things, that the PLC was buying its own shares to allow Paul Allen to come in unchallenegd within days.

 

:rolleyes:

 

I pointed out this was:

 

impossible

illegal

pointless

 

but he seemed quite taken with it.

 

 

:rolleyes:

 

Hi

 

I am just sick of the people who wanna knock others on here.

 

I went to club yesterday (i do a lot business with the club )

and saw my best contact face to face.

He confirmed the following which has been confirmed by two other sources before i even told anyone on here.

 

1) the deal will be done in 4-5 days

2) it is paul allen still

3) the ruski story was fed to the echo by the pr guys to push the price and his hand.

4) the club are buying there on shares on the fse at the mo to push thro 51% with roops shares from the board to give him immediate total control.

 

happy days.

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Hi

 

I am just sick of the people who wanna knock others on here.

 

I went to club yesterday (i do a lot business with the club )

and saw my best contact face to face.

He confirmed the following which has been confirmed by two other sources before i even told anyone on here.

 

1) the deal will be done in 4-5 days

2) it is paul allen still

3) the ruski story was fed to the echo by the pr guys to push the price and his hand.

4) the club are buying there on shares on the fse at the mo to push thro 51% with roops shares from the board to give him immediate total control.

 

happy days.

And some still believe him :rolleyes::smt081
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I don't know whether to laugh or cry.

We all want, as saints fans, to hear that the deal has now been done. The new owners showing us their plans and hopefully that they are of one mind with regard the future. That money is available and that ST's will be available very soon.

What we don't want is the moronic ramblings of the demented few, who seem willing only to be perpetually on a wind up.

I would much rather be discussing the possible signings of cheapish experienced/highly promising players ready to fight for the cause in Division 1 and the man who we would choose to lead them.

We expect money to be tight so give us a break and clam up if you know diddlysquat.

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