Pinnacle clinch it.

[Dalek2003]

Now bring on the new season !!!!!!!!!!!!!!!

All Daleks to SMS immediately !

 

THE HAND OF OMEGA HAS BEEN LOCATED !!!!!!!!!!!!!!!!!!!!!!

[Greenridge]

 

Greenridge, I have made a note of this historic event where we seem to be in agreement for the first. Perhaps, it's a sign of the times or reason to be quietly or cautiously optimistic.

 

You never know it just may be. I'm sure we both want the same but sometimes you can take a different journey to get from A to B.

[torsaint]

First post after years of reading this and other fora.Just got back from Rome on business. Seeing the Man U and Barcelona fans enjoying themselves made me realise what we have been missing for too long. I really feel we can all make it work. Roll on the new season.

[Ludwig]

He's in the same bracket as a tommac, or a lls, or a helpmerhonda.

 

You certain he's not one of them?

[NickG]

...

Edited 30 May, 2009 by NickG
wrong thread!!

[Saints foreva]

First post after years of reading this and other fora.Just got back from Rome on business. Seeing the Man U and Barcelona fans enjoying themselves made me realise what we have been missing for too long. I really feel we can all make it work. Roll on the new season.

 

I swear the Pompey deal got sealed in Rome? ;-)

[thorpie the sinner]

Just back from a week with the kids and this happens!!!!!!!! Where's the nothing I was promised?

 

to save me trawling, can someone precis the events and are we all happy? Any chance of the deal being struck before 20 days??

 

Cheers

[maxi_sopez]

yeah good question, does it have to take 20days or could it all be done next week ?

[Toadhall Saint]

It could be done on Monday

[SFC Forever]

Now that the future looks a bit more rosy perhaps we can pick some names for the team.

[St_Tel49]

I find this all a bit confusing...

 

I understand that the Pinnacle assisted bid has entered a period of exclusivity, which is BRILLIANT. What I don't understand is all the conjecture and apparent bitterness by some of the people on here.

 

I find it pretty impossible to think of, for example, Marc Jackson as anything other than a bit of a plonker after his previous forays into the takeover world. He might have done something good this time, but the fact is the average fan has no idea about this, so how can we be blamed for having a view on the guy? If the only evidence we have points to one conclusion, it isn't such a daft view to hold.

 

MJ might have been doing lots of good stuff behind the scenes, but WE HAVE SEEN NO PROOF OF THAT, you can't expect us to believe what a few ITK's say (especially being that none of you have been 100% correct in anything) without telling us actually what happened.

 

Let me say straight away that I know nothing and I can only speculate but, ironically, your proof is actually that you have no proof i.e this time he has kept his mouth firmly shut and his keyboard out of reach. A sharp contrast with last time. For my part I am hugely relieved that ,barring something unexpected, we can now look forward with some confidence. But that does not mean that I despise the efforts of others who were trying to save our club too. I say "You may have lost out but thank you for at least trying. Your efforts were more than many others would have done."

[St_Tel49]

I believe you are sincere in what you post. I do not believe it though. ITK's (and this isn't a dig in particular) aren't always ITK.[/quote]

 

But obviously you are as you are so sure of the facts. Or is this just your opinion?

 

Stanley is never wrong!

[Greedyfly]

Sincerely hope so... its my birthday!!!

 

Likewise...Nice birthday present.

[Wade Garrett]

 

How many times did I ask "where is the cavalry". But of course, everyone on here saw the MJ initials and made their minds up (TBF I would have joined you). But it was NEVER about MJ, Stuart Green has done an amazing amount of work behind the scenes this last few years to try and sort out the mess we were in, but this forum and many others saw MJ the proven clown.

 

So as that seems to have been achieved, tonight we are as happy as anyone else on here. Jacko was a fool to most of us on here, but if he hadn't kept fighting, maybe Tony & MLT would not have had the time to learn the lessons to be able to get past the finishing line today

 

 

To give Jackson any credit is laughable. He merely tried to muddy the waters and sort himself out. Just like he did at Bournemouth. I very much doubt that the Pinnacle consortium were unduly worried by Walter Mitty.

[Weston Super Saint]

Oh yes he did. You do not know what went on. I do to a certain extent and Jackson was a serious and realistic contender. This has not come from him but others also involved in matters. Forget the past.

 

Well, will you let him know Salisbury are still in trouble?

 

For such a serious and realistic contender, Salisbury should be simple to sort out

[Weston Super Saint]

To give Jackson any credit is laughable. He merely tried to muddy the waters and sort himself out. Just like he did at Bournemouth. I very much doubt that the Pinnacle consortium were unduly worried by Walter Mitty.

 

Very true!

 

Perhaps we should send Phil a nice big floppy hat to keep him out of the sun over there

[LostBoys]

Who is Marc Jackson - surely he has returned to his pond by now?

[dubai_phil]

To give Jackson any credit is laughable. He merely tried to muddy the waters and sort himself out. Just like he did at Bournemouth. I very much doubt that the Pinnacle consortium were unduly worried by Walter Mitty.

 

Like I pointed out many times.....

 

Everyone keeps going back to it being an MJ consortium and forgetting the other name.

 

Still, now it's all over I'm sure MJ'll be on Telly and the rest explaining why he planned to shut the Northam so he could build the petting zoo there and how we would have been playing like Arsenal in L1 so that it keeps everyone happy!

 

Oh and for anyone who is lucky enough to play golf or bump into MLT in Sainsbury's ask him off the record how easy it was for him and Tony and how highly he regards some of the people that sat across the table during their negotiations... I'd guess he won't say a word, but he may roll his eyebrows

 

Sometimes, a Poodle isn't very good as an Attack Dog, you find you need a Rottweiler on a leash

[eelpie]

Now that the future looks a bit more ROSY perhaps we can pick some names for the team.

 

Well, for starters, Tim FLOWERS in goal.

Next...

[Saints Warrior]

I would rather have MLT involved in a takeover and not know who is behind it rather than 2 that we do know that dont have any `real` commitment to the club other than an investment opportunity.

 

MLT is one of a few who have kept in contact with Saints and does things to supprt the club. Even if it doesnt get us in Prem in 5 years its better to be with MTL, he surley wouldnt be stupid enough to ask Lowe back some others would.

 

(lets hope Lowe go to skates to invest)

[lenwilkins]

Like I pointed out many times.....

 

Everyone keeps going back to it being an MJ consortium and forgetting the other name.

 

Still, now it's all over I'm sure MJ'll be on Telly and the rest explaining why he planned to shut the Northam so he could build the petting zoo there and how we would have been playing like Arsenal in L1 so that it keeps everyone happy!

 

Oh and for anyone who is lucky enough to play golf or bump into MLT in Sainsbury's ask him off the record how easy it was for him and Tony and how highly he regards some of the people that sat across the table during their negotiations... I'd guess he won't say a word, but he may roll his eyebrows

 

Sometimes, a Poodle isn't very good as an Attack Dog, you find you need a Rottweiler on a leash

 

I don't know why you have to come across as the Riddler in Batman Phil.

 

It does look to me as if Fry nearly blew it by holding out for a better deal than he was going to get. I should think not paying salaries while he was in control would have been a serious blot on his copybook.

 

My guess is that after Thursday he was in panic mode & desperate to do a deal that got the £500K in asap. Whether he could have got a better deal if he'd settled earlier is anybody's guess. Only my opinion of course but it rather looks like Pinnacle called his bluff and won. I wonder what concessions they got out of him?

 

That said it's still great that the club looks as if it has a future even though we need to know who the money man is before we become too ecstatic.

[beatlesaint]

It does look to me as if Fry nearly blew it by holding out for a better deal than he was going to get. I should think not paying salaries while he was in control would have been a serious blot on his copybook.

 

My guess is that after Thursday he was in panic mode & desperate to do a deal that got the £500K in asap. Whether he could have got a better deal if he'd settled earlier is anybody's guess. Only my opinion of course but it rather looks like Pinnacle called his bluff and won.

 

Obviously I dont know but I wouldnt think that was far off the mark. It all seemed to escalate from the doom and gloom meeting Fry had with SMS staff Thursday lunchtime to the announcement mid Friday afternoon.

[Weston Super Saint]

Like I pointed out many times.....

 

Everyone keeps going back to it being an MJ consortium and forgetting the other name.

 

Still, now it's all over I'm sure MJ'll be on Telly and the rest explaining why he planned to shut the Northam so he could build the petting zoo there and how we would have been playing like Arsenal in L1 so that it keeps everyone happy!

 

Oh and for anyone who is lucky enough to play golf or bump into MLT in Sainsbury's ask him off the record how easy it was for him and Tony and how highly he regards some of the people that sat across the table during their negotiations... I'd guess he won't say a word, but he may roll his eyebrows

 

Sometimes, a Poodle isn't very good as an Attack Dog, you find you need a Rottweiler on a leash

 

 

LOL

 

Everybody has to pretend they know something, but as we've found out - many. many, many times - no-one really knew anything after all!!!

[SaintRobbie]

'Our torments also may in length of time

Become our elements'

 

Milton - Paradise Lost

 

'Those who quote from others have nothing to add of their own'. SaintRobbie May 2009.

 

I like truisms

[SOTONS EAST SIDE]

'Those who quote from others have nothing to add of their own'. SaintRobbie May 2009.

 

I like truisms

Too true Robbie, "He who speaks $hit, is normally full of $hit" NC take note!

[Verbal]

Like I pointed out many times.....

 

Everyone keeps going back to it being an MJ consortium and forgetting the other name.

 

Still, now it's all over I'm sure MJ'll be on Telly and the rest explaining why he planned to shut the Northam so he could build the petting zoo there and how we would have been playing like Arsenal in L1 so that it keeps everyone happy!

 

Oh and for anyone who is lucky enough to play golf or bump into MLT in Sainsbury's ask him off the record how easy it was for him and Tony and how highly he regards some of the people that sat across the table during their negotiations... I'd guess he won't say a word, but he may roll his eyebrows

 

Sometimes, a Poodle isn't very good as an Attack Dog, you find you need a Rottweiler on a leash

 

Phil,

 

I think you and your critics – or MJ’s to be more precise – are slightly talking past one another.

 

The small matter of trust is at the heart of this. It’s a rare and precious commodity, especially where Saints is concerned.

 

I know you’ve been on nodding terms with MJ for a while now, shared drinks in all the best dives in Dubai, and have got to know someone who perhaps doesn’t conform to the cartoon figure that MJ became through his previous dabblings around the boardrooms of Southampton and Bournemouth.

 

In both those previous instances, MJ’s involvement was at best distracting – and at worst, made us look like a football club with all the panache and ambition of Southern League (Maidstone Division) triers.

 

I don’t doubt for a second that MJ had the best of intentions, and together with Green and others, worked his socks off to try and rescue the club. As you and a few others have rightly pointed out, we internet warriors hardly have the high moral ground on this, sitting comfortably behind our keyboards and hoping for some unnamed, loaded saviour to hove in over the horizon.

 

But that’s not really the issue.

 

Suppose MJ/Green et al had a bid that was higher than Pinnacle/MLT’s. Leaving aside Fry for the moment, whom do you think the majority on here and among Saints fans generally would prefer?

 

Even with the fantastic track records and commitment to Saints of Terry Paine and Mick Channon, no one since Ted Bates himself has earned the degree of trust that MLT has – in fact, I’d challenge you to find any player anywhere who’d surpass MLT’s combination of breathtaking talent and one-club loyalty.

 

It’s not just that no one can compete with that – it’s that people have been genuinely fearful that MJ would somehow trip up the MLT-supported bid. And frankly it’s a fear with a good grounding in past failures and bloopers.

 

MJ may be an all-round good egg. He may even be a reformed character, having learned his lesson from staring at his blazing fingers. But you can’t just walk away from your past mistakes as if they never happened. MJ could never have the degree of trust enjoyed by MLT. As far as trust is concerned they don’t even exist on the same planet.

 

And this is not just about the recent past. Imagine a ‘sliding doors’ world in which you could skip between a universe in which MJ’/Green’s bid won, and the real one. What would happen when things get sticky – a few bad performances, a struggling manager, etc? Who will get the more time to put things right? Who, in other words, would be the best bet for building the club in the way that Ted Bates did all those years ago?

 

FWIW, I appreciate all the work that MJ and others put into this, but I’m glad he didn’t win.

 

By the way, I'm curious to hear your take on the Fry problem at some point...

[benjii]

I like the way Fry is now getting slated. Have we or have we not had, ostensibly at least, a good result?

 

Oh and FFS, can we be spared the nauseating piety for a while please.

 

Cheers.

[hypochondriac]

I don't want to speak for Phil but I believe that bid was in place as a sort of last resort should there be nothing else. I don't think they were looking to compete with the likes of Pinnacle.

[dubai_phil]

Phil,

 

I think you and your critics – or MJ’s to be more precise – are slightly talking past one another.

 

The small matter of trust is at the heart of this. It’s a rare and precious commodity, especially where Saints is concerned.

 

I know you’ve been on nodding terms with MJ for a while now, shared drinks in all the best dives in Dubai, and have got to know someone who perhaps doesn’t conform to the cartoon figure that MJ became through his previous dabblings around the boardrooms of Southampton and Bournemouth.

 

In both those previous instances, MJ’s involvement was at best distracting – and at worst, made us look like a football club with all the panache and ambition of Southern League (Maidstone Division) triers.

 

I don’t doubt for a second that MJ had the best of intentions, and together with Green and others, worked his socks off to try and rescue the club. As you and a few others have rightly pointed out, we internet warriors hardly have the high moral ground on this, sitting comfortably behind our keyboards and hoping for some unnamed, loaded saviour to hove in over the horizon.

 

But that’s not really the issue.

 

Suppose MJ/Green et al had a bid that was higher than Pinnacle/MLT’s. Leaving aside Fry for the moment, whom do you think the majority on here and among Saints fans generally would prefer?

 

Even with the fantastic track records and commitment to Saints of Terry Paine and Mick Channon, no one since Ted Bates himself has earned the degree of trust that MLT has – in fact, I’d challenge you to find any player anywhere who’d surpass MLT’s combination of breathtaking talent and one-club loyalty.

 

It’s not just that no one can compete with that – it’s that people have been genuinely fearful that MJ would somehow trip up the MLT-supported bid. And frankly it’s a fear with a good grounding in past failures and bloopers.

 

MJ may be an all-round good egg. He may even be a reformed character, having learned his lesson from staring at his blazing fingers. But you can’t just walk away from your past mistakes as if they never happened. MJ could never have the degree of trust enjoyed by MLT. As far as trust is concerned they don’t even exist on the same planet.

 

And this is not just about the recent past. Imagine a ‘sliding doors’ world in which you could skip between a universe in which MJ’/Green’s bid won, and the real one. What would happen when things get sticky – a few bad performances, a struggling manager, etc? Who will get the more time to put things right? Who, in other words, would be the best bet for building the club in the way that Ted Bates did all those years ago?

 

FWIW, I appreciate all the work that MJ and others put into this, but I’m glad he didn’t win.

 

By the way, I'm curious to hear your take on the Fry problem at some point...

 

Totally fair analysis. FULLY understand the concern about "TRUST" with the image of MJ and I agree with you wholeheartedly regarding why there would be the fears for the post takeover structure.

 

What I did try and point out though was that this was being done a little differently to that calamitous debacle down the road and that making a judgement would be better served when everything was announced. I never asked for any support, I simply tried to post points about process and try and carefully explain what may be going on.

 

With that point in mind, the fact MJ was leaked to the Echo caused some of the very valid concerns, but again, as nobody actually knew OR could they know who actually was behind the bid, or who was talked to during the process.

 

Was there any REAL likelihood of it truly being MLT v Jacko? - no of course not because that was never the point, and let's be honest no way I would have worked with them if it HAD been the case.

 

MLT was extremely careful in what he said in his Echo interview.

 

The point is I was happy as a fan first and a businessman second that there were people in the backers who knew what THEY were doing, and most importantly had the funds and would know what to do when the club moved out of admin.

 

The "fan" element helped to ensure that the planning reflected the heritage and history of the club as well as a clean break and a fresh start.

 

The fundamental issue from Stuart & myself was that we had, by chance and a set of unusual circumstances the means to try and stand up and do something to save the club. We took that and tried VERY hard to keep it extremely quiet. Just one person spotting MJ on SMS on the day of the forum match caused the problem.

 

There was a highly professional and well renowned support staff involved from major PROFESSIONAL City based firms who all gave their time on a voluntary basis. They would not have come forward to support a cartoon character, they came forward to help because they could see there was some sense in what was being done.

 

I keep coming back to previous points, WISE people were involved in this, people who listen, watch, analyse and learn and of course talk to other people and ask questions.

Did everything go according to plan? Hell no

Did everyone do what they said they would do at the right times? Hell no

 

But then I would be willing to bet that Tony & MLT had the same issues.

 

Like I keep saying, thank God somebody else managed to get past the finishing line, because it scared the cr*p out of us when it seemed we were the only ones left in the game as we went into Black Thursday

 

As for the thoughts, well they will have to stay locked away, but if we ever have a Forum re-match, I am sure there will be tales to be told.

 

Would the fans have been united?

 

All I could say is that issue was given as much thought as the business planning side. The whole set up was not perfect, but it had to be brought together in about 3 days once it became clear that the club was moving into administration. Considering that in the years up to then not one single sensible bid was made for the club, at least we tried and God bless our cartoon character, he kept getting back up into the fight after being knocked down more often that poor old Wily Coyote.

 

We move on. Enough said, I want to start moaning about our choice of Right Midfield and Front Line for next season

[Weston Super Saint]

I don't want to speak for Phil but I believe that bid was in place as a sort of last resort should there be nothing else. I don't think they were looking to compete with the likes of Pinnacle.

 

Wasn't that the Salz and Davies bid?

 

With the MJ bid being there in case we couldn't afford the McDonalds bill?

[Weston Super Saint]

Totally fair analysis. FULLY understand the concern about "TRUST" with the image of MJ and I agree with you wholeheartedly regarding why there would be the fears for the post takeover structure.

 

What I did try and point out though was that this was being done a little differently to that calamitous debacle down the road and that making a judgement would be better served when everything was announced. I never asked for any support, I simply tried to post points about process and try and carefully explain what may be going on.

 

With that point in mind, the fact MJ was leaked to the Echo caused some of the very valid concerns, but again, as nobody actually knew OR could they know who actually was behind the bid, or who was talked to during the process.

 

Was there any REAL likelihood of it truly being MLT v Jacko? - no of course not because that was never the point, and let's be honest no way I would have worked with them if it HAD been the case.

 

MLT was extremely careful in what he said in his Echo interview.

 

The point is I was happy as a fan first and a businessman second that there were people in the backers who knew what THEY were doing, and most importantly had the funds and would know what to do when the club moved out of admin.

 

The "fan" element helped to ensure that the planning reflected the heritage and history of the club as well as a clean break and a fresh start.

 

The fundamental issue from Stuart & myself was that we had, by chance and a set of unusual circumstances the means to try and stand up and do something to save the club. We took that and tried VERY hard to keep it extremely quiet. Just one person spotting MJ on SMS on the day of the forum match caused the problem.

 

There was a highly professional and well renowned support staff involved from major PROFESSIONAL City based firms who all gave their time on a voluntary basis. They would not have come forward to support a cartoon character, they came forward to help because they could see there was some sense in what was being done.

 

I keep coming back to previous points, WISE people were involved in this, people who listen, watch, analyse and learn and of course talk to other people and ask questions.

Did everything go according to plan? Hell no

Did everyone do what they said they would do at the right times? Hell no

 

But then I would be willing to bet that Tony & MLT had the same issues.

 

Like I keep saying, thank God somebody else managed to get past the finishing line, because it scared the cr*p out of us when it seemed we were the only ones left in the game as we went into Black Thursday

 

As for the thoughts, well they will have to stay locked away, but if we ever have a Forum re-match, I am sure there will be tales to be told.

 

Would the fans have been united?

 

All I could say is that issue was given as much thought as the business planning side. The whole set up was not perfect, but it had to be brought together in about 3 days once it became clear that the club was moving into administration. Considering that in the years up to then not one single sensible bid was made for the club, at least we tried and God bless our cartoon character, he kept getting back up into the fight after being knocked down more often that poor old Wily Coyote.

 

We move on. Enough said, I want to start moaning about our choice of Right Midfield and Front Line for next season

 

Pray tell, who WAS behind the MJ bid?

[Morph]

Wasn't that the Salz and Davies bid?

QUOTE]

 

Yes,

 

The Salz bid was the the one of last resort. But that bid would have made sure that our club did not die.

 

All as promised.

 

BTW the Salz team are so delighted that the Pinnacle bid is just about to bear fruit.

 

 

Regards

 

 

Morph

[hypochondriac]

Wasn't that the Salz and Davies bid?

 

With the MJ bid being there in case we couldn't afford the McDonalds bill?

 

Surely better to have 2 backups than one!

[Wade Garrett]

I'm not being funny, but the ITKers, who are giving the impression that they knew a bit of what was going on (Dubai and Weston in particular), did not know anything about the success of the Pinnacle did until everyone else.

 

It became a bit like a **** waving exercise to see who knows/knew the most.

 

I stand by what I said about Jackson - his consortium were never going to win. I do not base this on any info I may have been given (probably by Jackson himself), but on the fact that he couldn't buy Bournemouth and showed himself up to be a bit of a plank on here before.

[hypochondriac]

I'm not being funny, but the ITKers, who are giving the impression that they knew a bit of what was going on (Dubai and Weston in particular), did not know anything about the success of the Pinnacle did until everyone else.

 

It became a bit like a **** waving exercise to see who knows/knew the most.

 

I stand by what I said about Jackson - his consortium were never going to win. I do not base this on any info I may have been given (probably by Jackson himself), but on the fact that he couldn't buy Bournemouth and showed himself up to be a bit of a plank on here before.

 

Does it matter? I personally think they both knew some stuff and you think they never did. We'll never know for sure and it's pretty meaningless now.

[Weston Super Saint]

Does it matter? I personally think they both knew some stuff and you think they never did. We'll never know for sure and it's pretty meaningless now.

 

It's not just meaningless now is the whole point!

 

It's meaningless all along. All this wink wink stuff is just boys comparing the size of their todgers! When something happens, we'll be informed by people who are involved, not by people who want to be involved because they have feck all else in their lives!

[hypochondriac]

It's not just meaningless now is the whole point!

 

It's meaningless all along. All this wink wink stuff is just boys comparing the size of their todgers! When something happens, we'll be informed by people who are involved, not by people who want to be involved because they have feck all else in their lives!

 

Who informed you doesn't matter. The question is whether you believe a consortium which may have featured MJ in some minor capacity and were serious and close to buying the club. I believe that and you don't. Lets agree to disagree.

[Wade Garrett]

Who informed you doesn't matter. The question is whether you believe a consortium which may have featured MJ in some minor capacity and were serious and close to buying the club. I believe that and you don't. Lets agree to disagree.

 

I remember back in the SaintsForever days you tore into one or two posters for posting Paul Allen takeover talk that didn't come off....

 

Time to let sleeping dogs lie now. End of story as far as I'm concerned.

[hypochondriac]

I remember back in the SaintsForever days you tore into one or two posters for posting Paul Allen takeover talk that didn't come off....

 

Time to let sleeping dogs lie now. End of story as far as I'm concerned.

 

But Paul Allen was a load of rubbish in my opinion. Anyway lets move on.

[Badger]

Wasn't that the Salz and Davies bid?

QUOTE]

 

Yes,

 

The Salz bid was the the one of last resort. But that bid would have made sure that our club did not die.

 

All as promised.

 

BTW the Salz team are so delighted that the Pinnacle bid is just about to bear fruit.

 

Regards

 

 

Morph

 

Any liklihood of Salz and any heavyweights from that bid jumping on board the Pinnacle bandwagon ?

 

Despite their critics I firmly believe the boardroom would be stronger for the inclusion of someone of Salz's corporate business and legal experience.

[Weston Super Saint]

Who informed you doesn't matter. The question is whether you believe a consortium which may have featured MJ in some minor capacity and were serious and close to buying the club. I believe that and you don't. Lets agree to disagree.

 

I did ask Phil, but feel free to enlighten us all as to who exactly was the backer behind the MJ bid - I'm sure we can still do with a laugh

[JonnyLove]

LOL

 

Everybody has to pretend they know something, but as we've found out - many. many, many times - no-one really knew anything after all!!!

 

If someone was ITK why feck it all away by blabbing on a forum. Thats why those truly ITK don't say anything at all.

 

(Just for the record I am not ITK).

 

(Or Am I).

 

(No I really am not).

[Weston Super Saint]

If someone was ITK why feck it all away by blabbing on a forum. Thats why those truly ITK don't say anything at all.

 

(Just for the record I am not ITK).

 

(Or Am I).

 

(No I really am not).

 

I agree with you, and have maintained all along that when something finally happens it will come 'out of the blue'.

[StuRomseySaint]

This is my completely non-ITK guess.

 

The original bid consisted of Magner, McManus and Tabor.

 

Magner and McManus could not agree on the terms and walked, causing the Pinnacle bid to stall.

 

Magner and McManus came back as the 'Irish' Consortium.

 

After being persuaded by Matty and Lyneham, Tabor returned to the table with Pinnacle, who were then given exclusivity.

 

Well, that is my guess, completely non-ITK, but it does fit in with what little we do know.

[Morph]

This is my completely non-ITK guess.

 

The original bid consisted of Magner, McManus and Tabor.

 

Magner and McManus could not agree on the terms and walked, causing the Pinnacle bid to stall.

 

Magner and McManus came back as the 'Irish' Consortium.

 

After being persuaded by Matty and Lyneham, Tabor returned to the table with Pinnacle, who were then given exclusivity.

 

Well, that is my guess, completely non-ITK, but it does fit in with what little we do know.

 

Not sure that you are correct on this one

 

All IMHO of course

 

Regards

 

 

Morph

[gordonToo]

This is my completely non-ITK guess.

 

The original bid consisted of Magner, McManus and Tabor.

 

Magner and McManus could not agree on the terms and walked, causing the Pinnacle bid to stall.

 

Magner and McManus came back as the 'Irish' Consortium.

 

After being persuaded by Matty and Lyneham, Tabor returned to the table with Pinnacle, who were then given exclusivity.

 

Well, that is my guess, completely non-ITK, but it does fit in with what little we do know.

 

There may only ever have been one Pinanacle investor, the 3 that walked away having been invented as a negotiating tactic to drive the price down.

[hypochondriac]

There may only ever have been one Pinanacle investor, the 3 that walked away having been invented as a negotiating tactic to drive the price down.

 

Read the letter. That isn't the case.

[gordonToo]

Read the letter. That isn't the case.

 

The letter talks about one client as though that had always been the case whereas we were told the Pinnacle bid had stalled because the backers (NB plural) had got cold feet. If Pinnacle really were the only serious bid on the table then the asking price could be driven down if Fry believed they had a funding issue. BTW INITK.

[StuRomseySaint]

The letter talks about one client as though that had always been the case whereas we were told the Pinnacle bid had stalled because the backers (NB plural) had got cold feet. If Pinnacle really were the only serious bid on the table then the asking price could be driven down if Fry believed they had a funding issue. BTW INITK.

 

It clearly states in the letter that it started as 4, and when money was talked, 3 walked.

[hypochondriac]

It clearly states in the letter that it started as 4, and when money was talked, 3 walked.

 

Correct.