offix Posted 30 May, 2009 Posted 30 May, 2009 So who is the Swiss "family" that the Echo refers to? Below is the list of the richest men in Switzerland (top 9). Take your pick: ================================= TOP 9- Switzerland's Richest People... (11 March 2009) ... Wealth in USD$ ... compiled 1. Ernesto Bertarelli (inherited the business after father's death in 1998 ... yachtsman who won the America's Cup in 2003 and 2007) - $8.2 billion Married to British beauty queen 2. Hansjorg Wyss (Wine connoisseur owns a 900-acre ranch and vineyard in California) $5.7 billion 3. Bahaa Hariri (Eldest son of slain Lebanese prime minister Rafik) $2.9 billion inheritance 4. Walter Haefner (his Moyglare Stud Farm in Ireland has approx. 100 horses and has bred such winners as Simple Exchange and Media Puzzle) $2.7 billion 4. Thomas Schmidheiny $2.7 billion (world's second-largest supplier of cement and concrete) 6. Sergio Mantegazza (Loves expensive toys, has a helicopter, a yacht (Lady Marina) and a $600,000 Mercedes Maybach. ) $2.6 billion 7. Stephan Schmidheiny (facing lawsuits in Switzerland and Italy surrounding the asbestos-related deaths of former plant workers) $2.5 billion 8. Nicolas Hayek (known as Mr. Swatch ... creating an eco-friendly auto with Mercedes-Benz to be called Swatchmobil smart car ) $2.0 billion 9. Jean-Claude Gandur (His collection of Egyptian antiquities is among the best in the world) $1.0 billion
madsent Posted 30 May, 2009 Posted 30 May, 2009 So who is the Swiss "family" that the Echo refers to? Below is the list of the richest men in Switzerland (top 9). Take your pick: ================================= TOP 9- Switzerland's Richest People... (11 March 2009) ... Wealth in USD$ ... compiled 1. Ernesto Bertarelli (inherited the business after father's death in 1998 ... yachtsman who won the America's Cup in 2003 and 2007) - $8.2 billion Married to British beauty queen 2. Hansjorg Wyss (Wine connoisseur owns a 900-acre ranch and vineyard in California) $5.7 billion 3. Bahaa Hariri (Eldest son of slain Lebanese prime minister Rafik) $2.9 billion inheritance 4. Walter Haefner (his Moyglare Stud Farm in Ireland has approx. 100 horses and has bred such winners as Simple Exchange and Media Puzzle) $2.7 billion 4. Thomas Schmidheiny $2.7 billion (world's second-largest supplier of cement and concrete) 6. Sergio Mantegazza (Loves expensive toys, has a helicopter, a yacht (Lady Marina) and a $600,000 Mercedes Maybach. ) $2.6 billion 7. Stephan Schmidheiny (facing lawsuits in Switzerland and Italy surrounding the asbestos-related deaths of former plant workers) $2.5 billion 8. Nicolas Hayek (known as Mr. Swatch ... creating an eco-friendly auto with Mercedes-Benz to be called Swatchmobil smart car ) $2.0 billion 9. Jean-Claude Gandur (His collection of Egyptian antiquities is among the best in the world) $1.0 billion You asked who the "family" is and supplied a list of wealthy individuals. It's more likely to be a family that owns a successful business than a family of rich people, including a billionaire, that own separate businesses. It's a moot topic for at least 21 days anyway.
chappers Posted 30 May, 2009 Posted 30 May, 2009 On solent at 8.45am today. Fry turned down a swiss based company worth £10 biilion ....did not say who it was though.
Matthew Le God Posted 30 May, 2009 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, maybe they have more than £10 billion
SaintRichmond Posted 30 May, 2009 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, maybe they have more than £10 billion I admire your optimism .... where did that figure of £40M come from ???? .... is it "The Missing £40 M "
Matthew Le God Posted 30 May, 2009 Posted 30 May, 2009 I admire your optimism .... where did that figure of £40M come from ???? .... is it "The Missing £40 M " A figure I plucked out of the air, subconsciously it could be from the missing £40m It was more to illustrate the point that it is not the wealth of the buyer that matters it is the amount of that wealth that is invested and how it is invested that matters.
SaintRichmond Posted 30 May, 2009 Posted 30 May, 2009 On solent at 8.45am today. Fry turned down a swiss based company worth £10 biilion ....did not say who it was though. Obviously living in Cloud Cuckoo Land I do not for one minute believe that the Pinnacle Consortium is worth anythong like £10 billion ....... so therefore cannot see why Fry "dismissed" them
Matthew Le God Posted 30 May, 2009 Posted 30 May, 2009 Obviously living in Cloud Cuckoo Land I do not for one minute believe that the Pinnacle Consortium is worth anythong like £10 billion ....... so therefore cannot see why Fry "dismissed" them Read my post above ^ An investor with £100m wiling to spend £30 million on saints is better that an investor worth £10 billion only spending £10m
SaintRichmond Posted 30 May, 2009 Posted 30 May, 2009 Read my post above ^ An investor with £100m wiling to spend £30 million on saints is better that an investor worth £10 billion only spending £10m Point taken ..... of course, only Fry knows what the Swiss or Pinnacle were/are likely to spend on Saints ...... However ... that was NOT his brief ..... he was there to get the best deal for the Creditors ..... in that context, it does not matter to him HOW much money is for FOOTBALL
Matthew Le God Posted 30 May, 2009 Posted 30 May, 2009 (edited) Point taken ..... of course, only Fry knows what the Swiss or Pinnacle were/are likely to spend on Saints ...... However ... that was NOT his brief ..... he was there to get the best deal for the Creditors ..... in that context, it does not matter to him HOW much money is for FOOTBALL As I said in my first post in this thread. 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, maybe they have more than £10 billion The Solent report said both bids were similar. Mark Fry has a duty to the creditors. If the bids are the same then the creditors will be happy no matter who he chooses. But as I said he still needs to make a decision and choose which one to go with. Thus he then goes beyond his brief as this has been met and bases the decision on who would be best for the club. Edited 30 May, 2009 by Matthew Le God
SaintRichmond Posted 30 May, 2009 Posted 30 May, 2009 As I said in my first post in this thread. The Solent report said both bids were similar. Mark Fry has a duty to the creditors. If the bids are the same then the creditors will be happy no matter who he chooses. But as I said he still needs to make a decision and choose which one to go with. Thus he then goes beyond his brief as this has been met and bases the decision on who would be best for the club. We all sincerely hope so ........ compared to this time last week ........ this is Utopia
Matthew Le God Posted 30 May, 2009 Posted 30 May, 2009 We all sincerely hope so ........ compared to this time last week ........ this is Utopia Mark Fry had two priorities i) By far the most important getting the club a buyer that provided the best deal for the creditors ii) Upholding the reputation of his company If i) is met then the best way he meets ii) in the event of two similar bids coming in from Pinnacle and the Swiss company is by giving exclusivitiy to the deal that is best for the football club rather than recieving negative press for Begbies Traynor by giving it to the poorer bid.
Clapham Saint Posted 30 May, 2009 Posted 30 May, 2009 Mark Fry had two priorities i) By far the most important getting the club a buyer that provided the best deal for the creditors ii) Upholding the reputation of his company If i) is met then the best way he meets ii) in the event of two similar bids coming in from Pinnacle and the Swiss company is by giving exclusivitiy to the deal that is best for the football club rather than recieving negative press for Begbies Traynor by giving it to the poorer bid. Unfortunately I think you're trying to read too much into it mate (although it is nice to have some positive thoughts on here for a change). If (and that's IF) the two bids were identical for creditors chances are that Fry will have gone for the one that could stump up the cash quickest. Cash from a bidder not as good for the club now is better than the promise of cash at a later date from a better bidder. That said, being willing and able to pay the deposit quickly could be taken as an indication that Pinnicle have better funding in place and therefore are likely to be better for the club. I really don't think we can make a proper assessment until a deal is done and we can find out who is behind it. (Or maybe I should just shut up and stop spoiling the positive vibe)
paulwantsapint Posted 30 May, 2009 Posted 30 May, 2009 Try Fry has been told that pinnacle are back by Mr Loyalty himself MLT a man who only wants the best for Saints & is most likely to stay long term not get fed up want out & screw the creditors
Ruffo Posted 30 May, 2009 Posted 30 May, 2009 fry would turn down an offer if it is not clean or has lots of rules around payments etc. A big company is more likely to do this as it will reduce there risk
david in sweden Posted 31 May, 2009 Posted 31 May, 2009 So who is the Swiss "family" that the Echo refers to? Below is the list of the richest men in Switzerland (top 9). Take your pick: ================================= TOP 9- Switzerland's Richest People... (11 March 2009) ... Wealth in USD$ ... compiled 1-8 deleted 9. Jean-Claude Gandur (His collection of Egyptian antiquities is among the best in the world) $1.0 billion OK ...so maybe it's one of the not SO rich Swiss families. I'd be glad to have anyone who's ONLY worth ..say... £500 million. What about this " super fit lady" who lives ..IN Hampshire (?) who owns the brewery firm ....was it Carlsberg ..or ?. Someone wrote a thread on her some weeks ago .....can't recall name ...
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