Kingsbridge Saint Posted 30 May, 2009 Share Posted 30 May, 2009 Great stuff. Lets hope the next 21 days go to plan. Cheers Matt - you beauty. Link to comment Share on other sites More sharing options...
Amesbury Saint Posted 30 May, 2009 Share Posted 30 May, 2009 can the deal be done in quicker than 21 days? and what happens after the 21 days will it take time to draw up contracts, pay the money? Link to comment Share on other sites More sharing options...
Saint Nobby Posted 30 May, 2009 Share Posted 30 May, 2009 We all know how hard it is to wait, we have no control over the situation, we might not get any more information for days, BUT it takes as long as it takes. No mater how much we want it, and no mater how hard people are working to make it happen, it will take as long as it takes. Over recent seasons we've craved a hero to save our club just as Matt did for season after season ... guess what, we now have one. Thanks Matt. Link to comment Share on other sites More sharing options...
northam soul Posted 30 May, 2009 Share Posted 30 May, 2009 So now Pinnacle have almost done the deal on behalf of Mr anonymous will Pinnacle have any involvement with the club going forward or once the deal is signed is that it for them. I would assume this new money man or men would want the kudos of making known to all of us idiots their identity for the initial hero worship at the first game and the media attention it will bring. Link to comment Share on other sites More sharing options...
Give it to Ron Posted 30 May, 2009 Share Posted 30 May, 2009 What are the chance of the rich European family being The Royal Family? Wrong spelling...knowing Saints its more likely this lot http://www.bbc.co.uk/comedy/theroylefamily/ Link to comment Share on other sites More sharing options...
Rational Rich Posted 30 May, 2009 Share Posted 30 May, 2009 can the deal be done in quicker than 21 days? and what happens after the 21 days will it take time to draw up contracts, pay the money? The 21 days is a deadline - it could complete now if everyone was happy with the deal. After that it's open to everyone again and pinnacles's advantage would be gone. Wouldve thought that the legal docs would be fairly well progressed, but these things always take longer than you think and issues and negotiating points will crop up right until the deal is finalised. Link to comment Share on other sites More sharing options...
doggface Posted 30 May, 2009 Share Posted 30 May, 2009 Echo makes interesting Reading today. Says it is now 1 individual which is to invest & that there is significant investment to be spent on the team immidiately over a period of time. Re investment this ties in to what I was reliably informed, however there were 3 round the table @ that point - one which was supposedly particually wealthy (though I'd never heard of 2 of the 3 before or since) Unless tl has pulled another multimillionare out of his hat, I would speculate that one of the big players returned to the table. Nothing else in there not already reported on here! Get in! Link to comment Share on other sites More sharing options...
landford.saint Posted 30 May, 2009 Share Posted 30 May, 2009 On radio solent news at 8.00 am they stated Fry had discounted bid from Swiss firm worth £10 billion. Dont know how true, but Fry has legal duty to get best deal for creditors, therefore their offer must have been worse deal for creditors. Wether they were worse deal for club... Might have been asset strippers trying their luck or a sugar daddy ... we shall never know.... Walked round Tesco's last night with smile on my face... Doesn't often happen in Tesco's...Thank you Pinnacle (who ever you really are). Link to comment Share on other sites More sharing options...
eelpie Posted 30 May, 2009 Share Posted 30 May, 2009 Terrific News. That should scotch the Susan Boyle next manager rumours. Link to comment Share on other sites More sharing options...
Alain Perrin Posted 30 May, 2009 Share Posted 30 May, 2009 On radio solent news at 8.00 am they stated Fry had discounted bid from Swiss firm worth £10 billion. Dont know how true, but Fry has legal duty to get best deal for creditors, therefore their offer must have been worse deal for creditors. Wether they were worse deal for club... Might have been asset strippers trying their luck or a sugar daddy ... we shall never know.... Walked round Tesco's last night with smile on my face... Doesn't often happen in Tesco's...Thank you Pinnacle (who ever you really are). I think that was probably £10 Million. For £10 Billion the creditors would bite his hand off - they're only owed £30 odd million. Link to comment Share on other sites More sharing options...
Pilchards Posted 30 May, 2009 Share Posted 30 May, 2009 On radio solent news at 8.00 am they stated Fry had discounted bid from Swiss firm worth £10 billion. Dont know how true, but Fry has legal duty to get best deal for creditors, therefore their offer must have been worse deal for creditors. Wether they were worse deal for club... Might have been asset strippers trying their luck or a sugar daddy ... we shall never know.... Walked round Tesco's last night with smile on my face... Doesn't often happen in Tesco's...Thank you Pinnacle (who ever you really are). 10 billion!!! If thats true then I want Pinnacle to be taken over by these people. ;-) I can't believe for a second how anyone will think the Solent report was telling the truth. It's always this stage that the ITK's start mouthing off what they knew all along and yet nobody on this forum really does. Link to comment Share on other sites More sharing options...
Alain Perrin Posted 30 May, 2009 Share Posted 30 May, 2009 Echo makes interesting Reading today. Says it is now 1 individual which is to invest & that there is significant investment to be spent on the team immidiately over a period of time. Re investment this ties in to what I was reliably informed, however there were 3 round the table @ that point - one which was supposedly particually wealthy (though I'd never heard of 2 of the 3 before or since) Unless tl has pulled another multimillionare out of his hat, I would speculate that one of the big players returned to the table. Nothing else in there not already reported on here! Get in! Significant investment immediately over a period of time ???!! How does that work? Link to comment Share on other sites More sharing options...
Paul Chuckle Posted 30 May, 2009 Share Posted 30 May, 2009 Just heard Solent News. Defo 10 Billion Link to comment Share on other sites More sharing options...
Matthew Le God Posted 30 May, 2009 Share Posted 30 May, 2009 (edited) The Solent report said both bids were similar i.e. for the creditors. Which suggests that the Le Tissier backed bid is likely to be the one willing to invest the most for the team. Mark Fry's first priority is the creditors but if both bids were roughly the same for that it would surely be then down to who'd offer more post takeover in order to decide who gets exclusivity. If both bids for the creditors are the same then for example... A Matt Le Tiss backed bid worth £1 billion that will spend £40 million on players >>>> A company worth £10 billion that will spend £20 million on players No-one know the backers behind the accepted bid anyway Edited 30 May, 2009 by Matthew Le God Link to comment Share on other sites More sharing options...
Master Bates Posted 30 May, 2009 Share Posted 30 May, 2009 Today's Echo makes very good reading indeed. interesting quote "As part of the agreement, the amount being paid for the club will never be revealed". The man involved has had no previous involvement with a football club , also mentions that we're gonna try and appeal the -10 for next season. The Pink today makes interesting reading, Matt Le Tissier to be Chairman. Link to comment Share on other sites More sharing options...
Suhari Posted 30 May, 2009 Share Posted 30 May, 2009 Just heard Solent News. Defo 10 Billion A company worth 10 Billion, not a 10 billion offer for Saints. Link to comment Share on other sites More sharing options...
Master Bates Posted 30 May, 2009 Share Posted 30 May, 2009 I don't care if i'm making 2+2=5 but "The man involved has had no previous involvement with a football club" so why not good old Roddy Stew with Strach attack as the man? Time for a :weedman: me thinks Link to comment Share on other sites More sharing options...
JustMike Posted 30 May, 2009 Share Posted 30 May, 2009 I don't care if i'm making 2+2=5 but "The man involved has had no previous involvement with a football club" so why not good old Roddy Stew with Strach attack as the man? Time for a :weedman: me thinks haha brilliant Link to comment Share on other sites More sharing options...
landford.saint Posted 30 May, 2009 Share Posted 30 May, 2009 A company worth 10 Billion, not a 10 billion offer for Saints. What I was trying to say ... but re-reading it, not particularily clearly or unambiguosly. Sorry! Link to comment Share on other sites More sharing options...
Master Bates Posted 30 May, 2009 Share Posted 30 May, 2009 y WOOT FOR SAINTS! Link to comment Share on other sites More sharing options...
70's Mike Posted 30 May, 2009 Share Posted 30 May, 2009 Significant investment immediately over a period of time ???!! How does that work? confused me to Link to comment Share on other sites More sharing options...
Viking Warrior Posted 30 May, 2009 Share Posted 30 May, 2009 Is MLT on Sky TV today. Would be interesting to see if he has a big smile on his face. I hope Jeff sterling focus's on saints to start with instead of some cup game. Link to comment Share on other sites More sharing options...
Cabrone Posted 30 May, 2009 Share Posted 30 May, 2009 If you are reading - well done Tony Lyneham and everyone else at Pinnacle. I heard you haven't been getting much sleep recently so time for a bit of well deserved rest. Today feels very, very good. -10 in Div 1? Who cares at the moment, we got our club back. Link to comment Share on other sites More sharing options...
SuperSAINT Posted 30 May, 2009 Share Posted 30 May, 2009 Anyone remember in the echo, a few weeks ago, that they were reporting that the 'mystery overseas' bidders had actually been in discussions with Pinnacle about pooling they're resources? Wonder what came of that. Link to comment Share on other sites More sharing options...
Matthew Le God Posted 30 May, 2009 Share Posted 30 May, 2009 Significant investment immediately over a period of time ???!! How does that work? Poorly worded but maybe he means that it will be sustained large investment(i.e. a large fund each transfer window) over a long period(5 season plan perhaps). Starting from the day they takeover. Link to comment Share on other sites More sharing options...
JustMike Posted 30 May, 2009 Share Posted 30 May, 2009 If you are reading - well done Tony Lyneham and everyone else at Pinnacle. I heard you haven't been getting much sleep recently so time for a bit of well deserved rest. Today feels very, very good. -10 in Div 1? Who cares at the moment, we got our club back. agreed!! :-) woot for Tony Link to comment Share on other sites More sharing options...
Pilchards Posted 30 May, 2009 Share Posted 30 May, 2009 y WOOT FOR SAINTS! woot out as he's ****e!! Link to comment Share on other sites More sharing options...
Verbal Posted 30 May, 2009 Share Posted 30 May, 2009 It's like coming out of a long, dark tunnel. Not just the weeks of near-collapse, but the interminable years supporting a club repeatedly hijacked and assaulted by spivs, charlatons, chancers, monomaniacs and liars. Link to comment Share on other sites More sharing options...
landford.saint Posted 30 May, 2009 Share Posted 30 May, 2009 WOOT FOR MR PINNACLE ... whoever you are. Link to comment Share on other sites More sharing options...
INFLUENCED.COM Posted 30 May, 2009 Share Posted 30 May, 2009 we got our club back. That old chestnut, lets wait and see...... Link to comment Share on other sites More sharing options...
beatlesaint Posted 30 May, 2009 Share Posted 30 May, 2009 Anyone remember in the echo, a few weeks ago, that they were reporting that the 'mystery overseas' bidders had actually been in discussions with Pinnacle about pooling they're resources? Wonder what came of that. Its possible I guess. Until the people/person behind the bid shows their face(s), which will presumably be when the deal is done and dusted, we will just have to speculate and guess. Speculation and guesswork ? This forum is great at that : - ) Link to comment Share on other sites More sharing options...
Glasgow_Saint Posted 30 May, 2009 Share Posted 30 May, 2009 Pinnacle out! haha I agree! Out, out, out Link to comment Share on other sites More sharing options...
saint_stevo Posted 30 May, 2009 Share Posted 30 May, 2009 expect we will get relegated again next season now Link to comment Share on other sites More sharing options...
Glasgow_Saint Posted 30 May, 2009 Share Posted 30 May, 2009 expect we will get relegated again next season now Mclovin - dont start! Link to comment Share on other sites More sharing options...
saint_stevo Posted 30 May, 2009 Share Posted 30 May, 2009 Mclovin - dont start! Surely we all realise it can't all be good news............? Link to comment Share on other sites More sharing options...
doggface Posted 30 May, 2009 Share Posted 30 May, 2009 Money available immidiately for transfers, significant investment over the next 5 years with the aim of taking us back to the pl & keep us there. Sorry for spelling & grammer - iPhone! Link to comment Share on other sites More sharing options...
saint_stevo Posted 30 May, 2009 Share Posted 30 May, 2009 Money available immidiately for transfers, significant investment over the next 5 years with the aim of taking us back to the pl & keep us there. Sorry for spelling & grammer - iPhone! HP? Heinz? Link to comment Share on other sites More sharing options...
Saint Charlie Posted 30 May, 2009 Share Posted 30 May, 2009 Money available immidiately for transfers, significant investment over the next 5 years with the aim of taking us back to the pl & keep us there. Sorry for spelling & grammer - iPhone! Source? (Not that Im doubting you) Link to comment Share on other sites More sharing options...
Barry the Badger Posted 30 May, 2009 Share Posted 30 May, 2009 Cautiosly excited. If it turns out not to be a billionaire (which it probably will) will still be happy just to have a league team to support. Link to comment Share on other sites More sharing options...
Matthew Le God Posted 30 May, 2009 Share Posted 30 May, 2009 Money available immidiately for transfers, significant investment over the next 5 years with the aim of taking us back to the pl & keep us there. Sorry for spelling & grammer - iPhone! Do you mean before they have brought the club? i.e. from Monday btw why is being on an iphone an excuse for poor spelling? Link to comment Share on other sites More sharing options...
miserableoldgit Posted 30 May, 2009 Share Posted 30 May, 2009 Do you mean before they have brought the club? i.e. from Monday btw why is being on an iphone an excuse for poor spelling? "A bad workman always blames his tools!" Link to comment Share on other sites More sharing options...
doggface Posted 30 May, 2009 Share Posted 30 May, 2009 Just correcting my post above - all this was in the echo (other than the premier league bit) & backs up what I was told. Like I said though that was when the 3 parties were in the consortium however from the jist of the echo report it seems the plan is still very similar. I would be surprised if the backer was a billionaire & we need to be realistic, our return to the promised land will be long & have it's ups & downs. The price i am told was £14m, How much investment it is I have no idea but a long term plan building slowly but surely with a board headed by our hero that is 110% saints is my idea of heaven after our recent hell. Link to comment Share on other sites More sharing options...
Saint Charlie Posted 30 May, 2009 Share Posted 30 May, 2009 Just correcting my post above - all this was in the echo (other than the premier league bit) & backs up what I was told. Like I said though that was when the 3 parties were in the consortium however from the jist of the echo report it seems the plan is still very similar. I would be surprised if the backer was a billionaire & we need to be realistic, our return to the promised land will be long & have it's ups & downs. The price i am told was £14m, How much investment it is I have no idea but a long term plan building slowly but surely with a board headed by our hero that is 110% saints is my idea of heaven after our recent hell. Thanks Link to comment Share on other sites More sharing options...
OldNick Posted 30 May, 2009 Share Posted 30 May, 2009 great news and then you hear Fry turned down a 10 billion investor! Why does any great news have to be tarnished. Well done again to the Farmer and Lynham, I also would add my appreciation to MJ SG and all the others who will be out of pocket in this, that would include the Salz consortium who also would have incurred costs.They all will be unsung heroes in all this. I selfishly want the club to survive and back anyone who will do that, but at the same time I dont feel good about the small businesses who will be effected by our overspending and maywell be out of pocket.Barclays I couldnt care about the rest im sorry. Link to comment Share on other sites More sharing options...
Matthew Le God Posted 30 May, 2009 Share Posted 30 May, 2009 great news and then you hear Fry turned down a 10 billion investor! Why does any great news have to be tarnished. Well done again to the Farmer and Lynham, I also would add my appreciation to MJ SG and all the others who will be out of pocket in this, that would include the Salz consortium who also would have incurred costs.They all will be unsung heroes in all this. I selfishly want the club to survive and back anyone who will do that, but at the same time I dont feel good about the small businesses who will be effected by our overspending and maywell be out of pocket.Barclays I couldnt care about the rest im sorry. Why does Fry turning down a company (not a bid) worth £10 billion tarnish anything? Both bids were roughly equal according to Radio Solent. You have no idea who is backing the Le Tissier bid. A £10 billion company doesn't mean £10 billion of investment. A £100 million pound company could offer a better deal if they use more of their cash on Saints. Link to comment Share on other sites More sharing options...
Mole Posted 30 May, 2009 Share Posted 30 May, 2009 I also would add my appreciation to MJ SG and all the others who will be out of pocket in this. Jacko only has himself to blame. He never had a hope in hell of being a middle man in a deal. Link to comment Share on other sites More sharing options...
INFLUENCED.COM Posted 30 May, 2009 Share Posted 30 May, 2009 Jacko only has himself to blame. He never had a hope in hell of being a middle man in a deal. clearly he did on this occassion Link to comment Share on other sites More sharing options...
Mole Posted 30 May, 2009 Share Posted 30 May, 2009 clearly he did on this occassion Dream on. Link to comment Share on other sites More sharing options...
trousers Posted 30 May, 2009 Share Posted 30 May, 2009 The Solent report said both bids were similar i.e. for the creditors. Which suggests that the Le Tissier backed bid is likely to be the one willing to invest the most for the team. Mark Fry's first priority is the creditors but if both bids were roughly the same for that it would surely be then down to who'd offer more post takeover in order to decide who gets exclusivity. If both bids for the creditors are the same then for example... A Matt Le Tiss backed bid worth £1 billion that will spend £40 million on players >>>> A company worth £10 billion that will spend £20 million on players No-one know the backers behind the accepted bid anyway Alternatively, what if.... Pinnacle offered more than the mystery other bidder, but not by a huge amount, but the mystery other bidder was prepared to invest much more on the team in the future.....Fry would be duty bound to go with the 'slightly higher' bid from Pinnacle, wouldn't he? Regardless of future investment promises? Obviously there is relief that the club is out of the woods (almost) but I wouldn't say that the best bidder for Fry and the Creditors necessarily = the best deal for the club longer term....but let's hope so!! COYR!! Link to comment Share on other sites More sharing options...
Golac's Cunning Stunts Posted 30 May, 2009 Share Posted 30 May, 2009 great news and then you hear Fry turned down a 10 billion investor! Why does any great news have to be tarnished. Well done again to the Farmer and Lynham, I also would add my appreciation to MJ SG and all the others who will be out of pocket in this, that would include the Salz consortium who also would have incurred costs.They all will be unsung heroes in all this. I selfishly want the club to survive and back anyone who will do that, but at the same time I dont feel good about the small businesses who will be effected by our overspending and maywell be out of pocket.Barclays I couldnt care about the rest im sorry. You really should wait until you have proper facts before you go criticising again. How do you know what was being offered by the "10 billion investor"? Were you present during the negotiations? Link to comment Share on other sites More sharing options...
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