Pinnacle clinch it.

[Weston Saint]

Jacko only has himself to blame. He never had a hope in hell of being a middle man in a deal.

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.

[doggface]

Lynam is also quoted in the echo as saying all due dilligence has already been completed which is reassuring. The 21 days are to take care of the legalities, contracts etc as well as put in place the plan for the fc.

[INFLUENCED.COM]

Dream on.

 

Wake up !

[Golac's Cunning Stunts]

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!!

Do you really think that a group with billions would allow themselves to lose out on an opportunity because somebody else put in a "slightly higher" bid than them? If that's the case, then it would suggest that they weren't that fussed and we'd be better off with Pinnacle.

[Gingeletiss]

Do you really think that a group with billions would allow themselves to lose out on an opportunity because somebody else put in a "slightly higher" bid than them? If that's the case' date=' then it would suggest that they weren't that fussed and we'd be better off with Pinnacle.[/quote']

 

Agreed...............

[Gingeletiss]

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?

 

Agreed...................

[Mole]

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.

 

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.

[OldNick]

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?

You are just trying to make an arguement. I have not criticised Pinnacle for winning the bid.I just commented that why when we get fantastic news it is tarnished with missing out on people with 10billion worth.The new people may be worht 11 billion but we dont know.All I know is that a company worht 10b is more likely to spend 50m than a company with 100m.

So get off your high horse. Fry for all his words will accept the most for the creditors period not for Saints fans. If solent had not said about it we would be blissfully unaware.If MJ had won the bid or Salz or the foreigners and solent had said about the 10b lot I would have felt the same.

Iam supporting anybody who takes us on.

[OldNick]

Do you really think that a group with billions would allow themselves to lose out on an opportunity because somebody else put in a "slightly higher" bid than them? If that's the case' date=' then it would suggest that they weren't that fussed and we'd be better off with Pinnacle.[/quote']that is of course fair. As many were happy to say all along though that rich people pay as little as possible, so which way is it.

Anyway Pinnacle are the new people and so a new adventure is on the horizon.

[Golac's Cunning Stunts]

You are just trying to make an arguement. I have not criticised Pinnacle for winning the bid.I just commented that why when we get fantastic news it is tarnished with missing out on people with 10billion worth.The new people may be worht 11 billion but we dont know.All I know is that a company worht 10b is more likely to spend 50m than a company with 100m.

So get off your high horse. Fry for all his words will accept the most for the creditors period not for Saints fans. If solent had not said about it we would be blissfully unaware.If MJ had won the bid or Salz or the foreigners and solent had said about the 10b lot I would have felt the same.

Iam supporting anybody who takes us on.

 

Mate I'm not on a high horse. It's you. Finding it hard to make any sense out of this rambling. It's very much a post in the stylee of Wacko Jacko.

[capitalsaint]

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.

 

Either tell us why we should be grateful to MJ, or dubious of Pinnacle, or any other reason for holding your view, otherwise you make it impossible for us to agree with you. If I don't know what you know I have no obligation to think what you think.

 

I hope this makes sense, I'd have thought that this announcement would get rid of most of the ITK rubbish on here, but it seems to have made it worse!

[Matthew Le God]

You are just trying to make an arguement. I have not criticised Pinnacle for winning the bid.I just commented that why when we get fantastic news it is tarnished with missing out on people with 10billion worth.The new people may be worht 11 billion but we dont know.All I know is that a company worht 10b is more likely to spend 50m than a company with 100m.

So get off your high horse. Fry for all his words will accept the most for the creditors period not for Saints fans. If solent had not said about it we would be blissfully unaware.If MJ had won the bid or Salz or the foreigners and solent had said about the 10b lot I would have felt the same.

Iam supporting anybody who takes us on.

 

A company worth £10 billion doesn't mean it has £10 billion to hand. Most of that could be tied up with other projects and values of other assests and not free capital to invest. Pinnicle bid could be someone that just sold a business for £80 million and able to use that £80 million all on one project.

[OldNick]

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.

 

Either tell us why we should be grateful to MJ, or dubious of Pinnacle, or any other reason for holding your view, otherwise you make it impossible for us to agree with you. If I don't know what you know I have no obligation to think what you think.

 

I hope this makes sense, I'd have thought that this announcement would get rid of most of the ITK rubbish on here, but it seems to have made it worse!

As Weston says its history. I hope that his work is brought out. I think Fry mentioned him as well. I dont suppose there is proof that can be put up on here ie documents, how else could they put it up?

Just think about it , and even if we accept that he didnt have the money there would be costs incurred by him just to get to a stage where Fry looked at his bid and to go right to the end would be fairly seen as indeed he was serious.As I say Pinnacle are there so its history

[Mr Saints]

I would think the reason to be grateful to Jackson/Salz and anyone else who was in the running is they have put in a huge amount of time and effort in helping to put together a bid (realistic or unrealistic) in order to save the club. They could done ***** all and sat back just hoping and praying like the rest of us.

 

Personally, I don't care who buys us. I am just delighted we will have a club to support next season and for many seasons ahead.

[OldNick]

A company worth £10 billion doesn't mean it has £10 billion to hand. Most of that could be tied up with other projects and values of other assests and not free capital to invest. Pinnicle bid could be someone that just sold a business for £80 million and able to use that £80 million all on one project.

Look it is all hypothetical now. I hope Pinnacle may have 80 m to invest , that can only be good. A company with 10b assets have no problem raising 100m, can you not see what I was aaying that as in all things saints we get good news and then it is tarnished by the thought that we MAY have missed something better.It is what always seems to be our fate.

[Mole]

I would think the reason to be grateful to Jackson/Salz and anyone else who was in the running is they have put in a huge amount of time and effort in helping to put together a bid (realistic or unrealistic) in order to save the club. They could done ***** all and sat back just hoping and praying like the rest of us.

 

Personally, I don't care who buys us. I am just delighted we will have a club to support next season and for many seasons ahead.

 

Jacko never was a contender and his fantasising has probably delayed the process and upped the asking price. Both of these factors will have ultimately cost Pinnacle and SFC money that needn't have been wasted.

[miserableoldgit]

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?

[OldNick]

Mate I'm not on a high horse.

Oh yes you are. You got all defensive as if I was having a gto at Pinnacle when that was not the case.

[Golac's Cunning Stunts]

Look it is all hypothetical now. I hope Pinnacle may have 80 m to invest , that can only be good. A company with 10b assets have no problem raising 100m, can you not see what I was aaying that as in all things saints we get good news and then it is tarnished by the thought that we MAY have missed something better.It is what always seems to be our fate.

 

It's life. Get over it. Whenever I'm faced with decisions, there's almost always a difficult choice to make. More than one option. The important thing is to make the decision and then move on. Not to sit there moaning that there was another way and that you've potentially lost out by not choosing it.

[Mole]

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

 

It's my opinion and i'm right.

[Golac's Cunning Stunts]

Oh yes you are. You got all defensive as if I was having a gto at Pinnacle when that was not the case.

 

Honestly, if I came over as defensive, that's not the case. Just fed up reading your ITK ramblings. I'll put you on ignore so we can both have a happy day.

[SW11_Saint]

Lynam is also quoted in the echo as saying all due dilligence has already been completed which is reassuring. The 21 days are to take care of the legalities, contracts etc as well as put in place the plan for the fc.

Presumably in the paper copy? Can't see it online. Great news though!

[miserableoldgit]

It's my opinion and i'm right.

Oh Dear!

[Iowsaintsfan]

Good news.

 

At what stage,will the Pinnacle names be known ?

 

 

Wooopert!

[Gingeletiss]

You are just trying to make an arguement.

 

And winning it....IMO

 

I have not criticised Pinnacle for winning the bid.

 

You've spent weeks jumping from one camp to the other, but along the way, you've supported all and criticized all......IMHO

 

 

I just commented that why when we get fantastic news it is tarnished with missing out on people with 10billion worth.The new people may be worht 11 billion but we dont know.

 

All I know is that a company worht 10b is more likely to spend 50m than a company with 100m.

 

Speculation Me Lord!!!!!..........

 

So get off your high horse. Fry for all his words will accept the most for the creditors period not for Saints fans.

 

LOL......another shift in stance........pure comedy....IMHO of course.

 

If solent had not said about it we would be blissfully unaware.If MJ had won the bid or Salz or the foreigners and solent had said about the 10b lot I would have felt the same.

Iam supporting anybody who takes us on.

 

So nick....Solent Say's it, and it's the truth. Just be happy mate.

 

Oh!!!.....by the way, I remember you offering an apology to all the 'stay-aways', if and when Saints get taken over. I won't expect one for your rants at me about there being no investors wanting Saints.

Edited 30 May, 2009 by Gingeletiss

[Mole]

Oh Dear!

 

Well my opinion is based on history and common sense, your opinion is based on the say of ITK's who are by and large clueless. You can believe what you like, but you are wrong and i am right.

[kenneth_kenobi]

Hopefully they will get straight on and appeal against the 10 point penalty before it is too late to do so ............................

[dubai_phil]

Jacko never was a contender and his fantasising has probably delayed the process and upped the asking price. Both of these factors will have ultimately cost Pinnacle and SFC money that needn't have been wasted.

 

Stanley. This is your opinion.

 

A different opinion could also be that his involvement and negotiations with Fry caused a change in Fry's mindset and allowed a different structure of a deal to emerge than the one Fry first believed that he could achieve which could have equally saved the new buyers money

 

The point is that the work was done under NDA, so your opinion is valid but you are wrong to attack others for holding a different opinion.

 

There is ONE simple fact. Pinnacle appeared to make a bid.

 

Something then happened internally within that group. It took them time to apparently regroup, nobody knows what Fry would have done if NOBODY had been talking to him in that time.

 

Holding an opinion is valid and fair, accept that others will hold different ones to you.

 

With NDA's around no other facts are likely to emerge, so you will never be proved right or wrong and it is pointless to try and argue the case one way or another

[Mole]

Stanley. This is your opinion.

 

A different opinion could also be that his involvement and negotiations with Fry caused a change in Fry's mindset and allowed a different structure of a deal to emerge than the one Fry first believed that he could achieve which could have equally saved the new buyers money

 

The point is that the work was done under NDA, so your opinion is valid but you are wrong to attack others for holding a different opinion.

 

There is ONE simple fact. Pinnacle appeared to make a bid.

 

Something then happened internally within that group. It took them time to apparently regroup, nobody knows what Fry would have done if NOBODY had been talking to him in that time.

 

Holding an opinion is valid and fair, accept that others will hold different ones to you.

 

With NDA's around no other facts are likely to emerge, so you will never be proved right or wrong and it is pointless to try and argue the case one way or another

 

The problem is that others try and justify their stance by being ITK, when history has taught us they rarely are.

[miserableoldgit]

Well my opinion is based on history and common sense, your opinion is based on the say of ITK's who are by and large clueless. You can believe what you like, but you are wrong and i am right.

 

Common sense tells me that an opinion is just that - an opinion - not a statement of facts. Regardless of my opinion (and I am not sure that you are aware of mine) one fact is that you really don`t know for sure how close Jackson got with his consortium. Neither do I and I don`t care now.

[Toadhall Saint]

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.

 

That sounds very good to me! It sounds like a very rational and well thought through. There is also the matter of an appeal against the 10 point deduction, if they have done their home work ie consulting a barrister as I think has been mentioned on here not too long ago then I'm even more positive.

 

So far so good - just got to complete now. Given that things seem now to be moving forward I'd have a wager (if I was a betting man) that it will be concluded within 14 days - it will benefit both parties, the creditors get their dosh and the new owners can start implementing the plans (both on and off the field). After all there's a small matter of selling season tickets etc.

 

Well done Mr Lynam - if you pull this off your welcome to a beer or three anytime I see you (not that I would recognise you from Adam).

[Gordon Mockles]

Trusting all goes through and there are no problems with the paperwork, I am just happy we have Matt on board to assist our gradual rebuild.

 

I am confident we will overcome the car crash catalyst of destruction created by Lowe and we will finally purvey some long absent ambition combined with actual direction (finally) mastered by people with a modicum of sense and knowledge about properly running a footbal club. Well, we hope. I am confident because the club could have not been run any worse in the past, so any improvement is positive.

 

Long live the Saints!

[Mole]

I don`t care now.

 

Nor do I. (even though i'm right)

[Stirchleysaint]

Given the handbags on this thread, lets hope that Pinnacle don't suffer any more hiccups in closing the deal. I hate to see the meltdown that such an event would cause.

 

So one cheer for getting to this point, another if Pinnacle close the deal, a third if they can get Saints into a reasonable financial position. Oh and there is the issue of a hard campaign ahead of us in League One. As Churchill said, we may not be at the beginning of the end but we might be at the end of the beginning. Phew...

[Viking Warrior]

Stanley wrote this garbage

 

Jacko only has himself to blame. He never had a hope in hell of being a middle man in a deal.

 

 

Stanley you do not have a friggin clue as usual what was going on behind the scenes.

 

I didnt notice you doing anything behind the scenes, but then again you

are one of lifes down trodden victims. And as usal every one else is wrong and only your opinion counts.

 

You poor poor poor saddo.

 

A lot of people were doing their best behind the scenes. they will not come on here and say what was happening or whats they were actual invloved in and thats how it should be.

 

So try and be positive for once instead of try to score points with your constant tirade of negativity. ****t

[TheSaint75]

It's my opinion and i'm right.

 

I only took you off ignore yesterday, with a comment like that you are going back on :-#

[saint_mears]

So is this Michael Tabor the new owner then ???

 

I also note what people have said about this Marc Jackson character and it appears he was never in the running. Not suprising really with his background and associates. How some Saints fans rally around him is very sad. His actions on internet forums in the past rocking the boat are a total disgrace. I do hope the new owner bans him from St Marys along with all his cronies.

 

So we have a back up party if pinnacle goes wrong and its not Marc Jackson. We also see a party headed by Tony Salz who would not allow the Lowe fan club back into the Club. They are happy with Pinnacle and the investment they will bring in.

 

I hope its the last time we hear SCUM like Jackson and Green in the same breadth as SFC. People wanting to make money out of any deal just like their mates Lowe, Cowen et all

[Beer Engine]

Please don't shout at me if this old news but an article in the Times online today states that:

 

Pinnacle Property Consultants, the winning consortium, which has ties to Aviva, Southampton Leisure Holdings’ biggest creditor, has 21 days to secure a deal with Southampton FC.

 

Does anyone what ties there are between the Pinnacle Consortium and Aviva?

 

Does this mean that Aviva are going to become long-term owners of some of the club? If so, then maybe they'll suspend the mortgage repayments to free up funds for short-term investment in players/mamagement etc?

 

Fingers crossed.

[SaintRobbie]

So is this Michael Tabor the new owner then ???

 

I also note what people have said about this Marc Jackson character and it appears he was never in the running. Not suprising really with his background and associates. How some Saints fans rally around him is very sad. His actions on internet forums in the past rocking the boat are a total disgrace. I do hope the new owner bans him from St Marys along with all his cronies.

 

So we have a back up party if pinnacle goes wrong and its not Marc Jackson. We also see a party headed by Tony Salz who would not allow the Lowe fan club back into the Club. They are happy with Pinnacle and the investment they will bring in.

 

I hope its the last time we hear SCUM like Jackson and Green in the same breadth as SFC. People wanting to make money out of any deal just like their mates Lowe, Cowen et all

 

 

Marc Jackson was and is a self publicity merchant. Fair play to Fry for seeing this and forcing his hand with the £500K Exclusivity payment.

[lancelot link]

I just got off the phone to Tony Lynam who told me that he had the best nights sleep in his life last night. He sounded very relaxed about the whole thing and has apparently agreed to do an interview next week to reveal the plans and a question/answer session on this?!?!?!

[TheSaint75]

So is this Michael Tabor the new owner then ???

 

I also note what people have said about this Marc Jackson character and it appears he was never in the running. Not suprising really with his background and associates. How some Saints fans rally around him is very sad. His actions on internet forums in the past rocking the boat are a total disgrace. I do hope the new owner bans him from St Marys along with all his cronies.

 

So we have a back up party if pinnacle goes wrong and its not Marc Jackson. We also see a party headed by Tony Salz who would not allow the Lowe fan club back into the Club. They are happy with Pinnacle and the investment they will bring in.

 

I hope its the last time we hear SCUM like Jackson and Green in the same breadth as SFC. People wanting to make money out of any deal just like their mates Lowe, Cowen et all

 

Bit harsh calling them SCUM, they may not have shown themselves in a great light on here but they have at least tried to do something positive. What have you done to help Saints get investment??

I also don't remember Green ever really commenting on here anyway!

[SaintRobbie]

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.

 

An opportunist rather than serious contender Weston methinks.

[slickmick]

Thursday we had a few on here spreading doom and gloom, hinting that they knew we were finished. Now they are moaning that our saviour might not be as good as it could have been. For christ sake, just be thankful that we should be starting next season.

[saint_mears]

Bit harsh calling them SCUM, they may not have shown themselves in a great light on here but they have at least tried to do something positive. What have you done to help Saints get investment??

I also don't remember Green ever really commenting on here anyway!

 

Not harsh at all i can assure you with the rocking of the boat they have caused at SFC in recent years. It was posted on another forum a number of weeks back that they would NEVER get SFC and its been proven to be correct. Not even runners up either LOL

 

I hope they lost thousands of pounds in doing so as well.

[Toadhall Saint]

Thursday we had a few on here spreading doom and gloom, hinting that they knew we were finished. Now they are moaning that our saviour might not be as good as it could have been. For christ sake, just be thankful that we should be starting next season.

 

Amazing isn't it?

[SaintRobbie]

Do we know if Pinnacle have had their funds increased even more by absorbing one of the other consortiums as had been suggested before on this messageboard?

[NickG]

Like most on here, I have never met Jackson, I only know him from his postings on here, and this;

 

http://asf.narrowstep.tv/mcp?psid=86165582&ref=0&chid=977&pid=3346&vid=69175095&br=400&tid=1&void=175029&fab=0

 

This is why I don't believe he was a serious contender assisting the process.

[whiteleySaint30]

People on echo website are saying Paul Allen is the money man behind the group, YawnYawn!!!! Personally I dont care if its Coco the Clown as long the club survives, the half time entertainment would be good as well.

[OldNick]

So nick....Solent Say's it, and it's the truth. Just be happy mate.

 

Oh!!!.....by the way, I remember you offering an apology to all the 'stay-aways', if and when Saints get taken over. I won't expect one for your rants at me about there being no investors wanting Saints.

Talk about rewriting history lol.

[SaintRobbie]

Amazing isn't it?

 

Nah... totally predictable 'no news is bad news' story telling, always happens and best dismissed. May have been some confusing bids injected but frankly watching MLTs body language on SSN over the last 3 weeks should have been enough for anyone to realise this was likely to happen.

 

Now.... do they come with £150 million as was initially rumoured several weeks ago?