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Posted

A message is good but it is a bit premature to rejoice until the deal is signed, sealed and delivered. Lets hope the future is bright!

Posted

Great letter, in plain English, and with sentiment.

1 owner ,means no boardroom squabbles, and with Matt involved finally the passion in the management will be back.

Good times ahead.

Posted

This universal outpouring of joy is pretty amazing. Consider the facts:

 

1. We have no idea who our owner is.

2. We have no idea who the manager will be.

3. We have no idea who the players will be.

4. We have no idea about whoever has taken us over's short or long term plans.

5. The only communication has been a Mike Wilde-style letter

 

The takeover isn't even complete, and one has to wonder exactly why it took this long - is the new guy really committed to Saints? He might be, he might not be - I hope it is the former but nobody has any idea.

 

So why the outpouring of joy? The other bids might easily have been better for the football club and fans, but this one was the best for the creditors. I don't know one way or the other but history has taught us Saints fans that dropping your pants and jumping into bed in delight without knowing the full details is fraught with repercussions down the line.

Posted

Time to say thank you to all those who have worked so hard to get us were we are today, and a Special Thanks to Matt.

Hopefully this club will now move forward.

 

P.S. its would have been fun to have Irish people running the club but it was not to be

Posted
This universal outpouring of joy is pretty amazing. Consider the facts:

 

1. We have no idea who our owner is.

2. We have no idea who the manager will be.

3. We have no idea who the players will be.

4. We have no idea about whoever has taken us over's short or long term plans.

5. The only communication has been a Mike Wilde-style letter

 

The takeover isn't even complete, and one has to wonder exactly why it took this long - is the new guy really committed to Saints? He might be, he might not be - I hope it is the former but nobody has any idea.

 

So why the outpouring of joy? The other bids might easily have been better for the football club and fans, but this one was the best for the creditors. I don't know one way or the other but history has taught us Saints fans that dropping your pants and jumping into bed in delight without knowing the full details is fraught with repercussions down the line.

 

Do you think it might have something to do with the fact that this investment would mean that we actually stay in existence? The rest is inconsequential if the alternative is playing in the conference under a different name.

Posted

I'm so happy right now, yes it's late in the morning and I've been out for a few drinks..... but right now with this brilliant saints news I am on top of the world and even those annoying Chelsea supporters can't ruin what a great evening it has been. I am just so happy for us. COYR :)

Posted
Do you think it might have something to do with the fact that this investment would mean that we actually stay in existence? The rest is inconsequential if the alternative is playing in the conference under a different name.

 

Yep. Add to that mlt is involved and a chance of decent investment and why the hell cant we celebrate? Its not like we can change anything by being grumpy anyway and im just made up that we have a club! They will have to go some to be much worse than the last few years

Posted
This universal outpouring of joy is pretty amazing. Consider the facts:

 

1. We have no idea who our owner is.

2. We have no idea who the manager will be.

3. We have no idea who the players will be.

4. We have no idea about whoever has taken us over's short or long term plans.

5. The only communication has been a Mike Wilde-style letter

 

The takeover isn't even complete, and one has to wonder exactly why it took this long - is the new guy really committed to Saints? He might be, he might not be - I hope it is the former but nobody has any idea.

 

So why the outpouring of joy? The other bids might easily have been better for the football club and fans, but this one was the best for the creditors. I don't know one way or the other but history has taught us Saints fans that dropping your pants and jumping into bed in delight without knowing the full details is fraught with repercussions down the line.

 

We know he has handed over £500k

We have never known who the next manager would be

We have never known what players we may have

We in the last 6 years have had no idea of anyones plans for the club

Having one letter is better than the communication in the last year

 

We basically, as fans, have no choice

WE DO HAVE HOPE AGAIN THOUGH

Posted

We have one prospective owner - who isn't any of old lot

We have MLT who will unite fans and inject optimism

MLT will give make us the most attractive team in the division to attract players of right level

We have a club

We are debt free

We have the offer of some investment - we have never had that before

 

Our problems are not all over but we can, and should, look forward not back

Posted

Debt free, I keep seeing this mentioned by various posters. So I need to ask, to what level are we debt free? Does anyone really know, without supposition or do we need to be patient and wait until the deal reaches fruition and we learn about it?

 

Are we debt free as in, we have paid Barclays off (£4+ million or a %) we have closed the mortgage with a one off payment? We have paid HMRC? When I put 'have' I mean of course that the new owner would do that as part of the deal. Or will we still have a large mortgage (millstone) to fund on L1 income?

 

I do appreciate that these queries may not be answerable right now, but thanks in anticipation of any guidance!

Posted
Debt free, I keep seeing this mentioned by various posters. So I need to ask, to what level are we debt free? Does anyone really know, without supposition or do we need to be patient and wait until the deal reaches fruition and we learn about it?

 

Are we debt free as in, we have paid Barclays off (£4+ million or a %) we have closed the mortgage with a one off payment? We have paid HMRC? When I put 'have' I mean of course that the new owner would do that as part of the deal. Or will we still have a large mortgage (millstone) to fund on L1 income?

 

I do appreciate that these queries may not be answerable right now, but thanks in anticipation of any guidance!

 

I would be very surprised if he hasn't sorted the mortgage out in one foul swoop!

Posted
Well some people just jump to conclusions without engaging the brain to whats being said.

 

Maybe i should of just gone COYR and woot and all that crap.

 

I know what you are saying "Mr Nice" but tbh there was some real information in TL's statement (ie just one owner, MLT's pivotal role) so I found it enlightening and well worth making. There has been enough rumour, gossip and supposition on here since we went into admin and it is nice to hear something positive from the horse's mouth.

 

I think many of us learnt a lesson following Wilde's arrival and no one is saying we should not be optimistically cautious here but let's not start throwing the baby out with the bathwater just yet. Already I know of people who have not previously had a ST saying they may well get one now (my Dad for one) after having read TL's words so that can't be a bad thing.

Posted
Debt free, I keep seeing this mentioned by various posters. So I need to ask, to what level are we debt free? Does anyone really know, without supposition or do we need to be patient and wait until the deal reaches fruition and we learn about it?

 

Are we debt free as in, we have paid Barclays off (£4+ million or a %) we have closed the mortgage with a one off payment? We have paid HMRC? When I put 'have' I mean of course that the new owner would do that as part of the deal. Or will we still have a large mortgage (millstone) to fund on L1 income?

 

I do appreciate that these queries may not be answerable right now, but thanks in anticipation of any guidance!

 

Andy - I am assuming that the price "paid" to acquire the club includes paying off both Barclays and Aviva so in effect we are now debt free. For that we should be grateful but let's not forget the fans no longer own the club or have any rights or say in how it should be run.

Posted
Andy - I am assuming that the price "paid" to acquire the club includes paying off both Barclays and Aviva so in effect we are now debt free. For that we should be grateful but let's not forget the fans no longer own the club or have any rights or say in how it should be run.

 

or that the deal could be funded by debt which like the Glaziers and Gillette and Hicks e rolled back into the club

Posted
Andy - I am assuming that the price "paid" to acquire the club includes paying off both Barclays and Aviva so in effect we are now debt free. For that we should be grateful but let's not forget the fans no longer own the club or have any rights or say in how it should be run.

 

I won't necessarily make us debt free in real terms. It will just transfer 'a debt' to the owner. But that's not necessarily a bad thing. A man in debt often works harder than one who isn't!!!!!

Posted
Great letter, in plain English, and with sentiment.

1 owner ,means no boardroom squabbles, and with Matt involved finally the passion in the management will be back.

Good times ahead.

 

Sorry........if there's a boardroom, there will be squabbles, a fact of nature. You only have to look on here to see the proof in that. However, I believe they will all be on the same side, unlike the last few boards we've had....IMO of course.

Posted
We know he has handed over £500k

We have never known who the next manager would be

We have never known what players we may have

We in the last 6 years have had no idea of anyones plans for the club

Having one letter is better than the communication in the last year

 

We basically, as fans, have no choice

WE DO HAVE HOPE AGAIN THOUGH

 

Some caution is called for surely given that 3 out of the 4 original "investors" dropped out? I'm not sure we would survive if it turned out there was another MW style outfit in control.

Posted
Some caution is called for surely given that 3 out of the 4 original "investors" dropped out? I'm not sure we would survive if it turned out there was another MW style outfit in control.

 

Hmm, who else wrote a letter that had fans fawning... I wonder...

 

I know this sounds good. But many's the girl you've heard on a sex chat line who was really a frumpy old bag doing her knitting.

 

Let's keep from orgasming just yet eh...

Posted
Some caution is called for surely given that 3 out of the 4 original "investors" dropped out? I'm not sure we would survive if it turned out there was another MW style outfit in control.

 

AGREED i was just answering the points raised about what we do not know and pointing out we have never really known.

this deal could go tits up but there is sweet fa any of us can do until we are giving the chance to buy season tickets etc

Posted
AGREED i was just answering the points raised about what we do not know and pointing out we have never really known.

this deal could go tits up but there is sweet fa any of us can do until we are giving the chance to buy season tickets etc

 

You make some good points Mike. We're in the lap of the Gods, but what's new??!!!

Posted
Ahh thanks for the note but since it became unable to read for free in April i joined up and the paid to post. If thats all right with you ? I simply do not want this forum to descend into the farce that happened with Wilde. I suspect you dont have the brain to understand that.

 

 

Excuse me!!!

 

This club was almost non-existant, after a downward spiral for years. We now finally appear to be turning the corner. Notes / letters like the one from TL are very welcome after all the carp we have had to suffer from.

 

Before you make assumptions as to my brain, i suggest you look in the mirror first.

 

Also, this forum became "unable to read for free" long before April.

 

HTH

Posted
Making statements to a forum is not the same then ? Ahh i think it is

 

Wanting questions for answers is also exactly the same thing Saintsforever did as well with Wilde.

 

 

Not surprised its gone over the top of most peoples heads of the weirdos that frequent this forum.

 

Its clearly gone waaaay over yours

Posted
You clearly do not understand what i have wrote !

 

Nothing wrong with what this Tony Lynam has wrote but we do not want to see continual stuff ala Wilde ! Questions and answers ala Saintsforever as i said. :rolleyes:

 

I am sure people with brains understand what im saying.

 

you clearly do not understand what you wrote :rolleyes:

Posted

Just a minor point about the "Debt Free" comments on here.

 

The new club will "technically" have debt - namely one owner will invest money in return for shares in the company.

 

Before some go off on the "a football club is a charity" type angles, the new owner will expect a return on that investment, and the new management team will expect to receive an income in return for their work in rebuilding the club.

 

One day the owner may wish to sell his shares, possibly (and hopefully) when we are back in the Premier League to some incredibly wealthy benefactor that allows us to get into the CL.

 

The point being that in the past there have been too many complaints and comments about what Lowe and others took out, of dividends paid and the rest. The new team will have to take many hard decisions and some fans will not like that and there will always be an undercurrent questioning why xyz earns an 80k+ a year salary in the management team, as much as they will question whether ab or c player is worth their 2k a week.

 

Tony and his team have 3 weeks to examine the up to date finances of the club and it's contractual obligations. That then needs to be entered into their initial outline business plans. I am sure they will find all those plans are viable.

 

They must find a way to REVERSE the trend of the past 3 years that have seen this club LOSE around 15million pounds in order to ensure firstly our survival and then our progress. Just cast a thought back to the horrors of last season and the pain when the previous management tried to cut costs. Do we WANT to carry on as before and waste the investors money? Or do we expect them to carry out radical surgery, stabilise the club and then build sensibly and slowly for the future?

 

They have a hell of a job on their hands, they have stood up and the investor has taken on a hell of a risk.

 

For that they will be rewarded with salaries, with dividends and hopefully profits for additional investment. That money will come from us fans and now we can give it with a happier heart.

 

Finally, it is possible that the secured creditors will have accepted a specific cash figure, but at the same time it is quite possible that they may have insisted on what is termend "deferrals" so that by helping to save the club NOW, they would also receive a reward later when the club is more able to pay something to reward their help now.

 

So as I have said, it is fantastic that the new team are here, that firstly we have a club to support and moan about next season. But, at the end of the day, the next 20 days is actually INCREDIBLY short as they have to sort out the mess and decide what shape the new business will be in from the day they take full control and start building.

 

Carrying out open heart surgery to save a life is not done in 5 minutes in a car park with a Swiss Army Knife.

 

It will take time, and it seems we now have a team of motivated and highly skilled surgeons to carry out the operation

Posted
Some caution is called for surely given that 3 out of the 4 original "investors" dropped out? I'm not sure we would survive if it turned out there was another MW style outfit in control.

 

why be cautious? we are supporters, we have a future again, who knows how good just yet but why not get excited and look forward?

 

What is the harm?

 

If it goes wrong again, it goes wrong - but will it be any worse because you were optimistic now? We are not talking about you investing anything!

Posted
Just a minor point about the "Debt Free" comments on here.

 

The new club will "technically" have debt - namely one owner will invest money in return for shares in the company.

 

Before some go off on the "a football club is a charity" type angles, the new owner will expect a return on that investment, and the new management team will expect to receive an income in return for their work in rebuilding the club.

 

One day the owner may wish to sell his shares, possibly (and hopefully) when we are back in the Premier League to some incredibly wealthy benefactor that allows us to get into the CL.

 

The point being that in the past there have been too many complaints and comments about what Lowe and others took out, of dividends paid and the rest. The new team will have to take many hard decisions and some fans will not like that and there will always be an undercurrent questioning why xyz earns an 80k+ a year salary in the management team, as much as they will question whether ab or c player is worth their 2k a week.

 

Tony and his team have 3 weeks to examine the up to date finances of the club and it's contractual obligations. That then needs to be entered into their initial outline business plans. I am sure they will find all those plans are viable.

 

They must find a way to REVERSE the trend of the past 3 years that have seen this club LOSE around 15million pounds in order to ensure firstly our survival and then our progress. Just cast a thought back to the horrors of last season and the pain when the previous management tried to cut costs. Do we WANT to carry on as before and waste the investors money? Or do we expect them to carry out radical surgery, stabilise the club and then build sensibly and slowly for the future?

 

They have a hell of a job on their hands, they have stood up and the investor has taken on a hell of a risk.

 

For that they will be rewarded with salaries, with dividends and hopefully profits for additional investment. That money will come from us fans and now we can give it with a happier heart.

 

Finally, it is possible that the secured creditors will have accepted a specific cash figure, but at the same time it is quite possible that they may have insisted on what is termend "deferrals" so that by helping to save the club NOW, they would also receive a reward later when the club is more able to pay something to reward their help now.

 

So as I have said, it is fantastic that the new team are here, that firstly we have a club to support and moan about next season. But, at the end of the day, the next 20 days is actually INCREDIBLY short as they have to sort out the mess and decide what shape the new business will be in from the day they take full control and start building.

 

Carrying out open heart surgery to save a life is not done in 5 minutes in a car park with a Swiss Army Knife.

 

It will take time, and it seems we now have a team of motivated and highly skilled surgeons to carry out the operation

 

Agree with everything but the last line.

 

All we have to go one as regards their fitness for task is faith.

 

That's enough for me for now. Becuase it was enough for MLT.

 

But it's still a waiting game all round to see the colour of the money, the direction of travel and the amount available to invest in the club for real.

Posted
Just a minor point about the "Debt Free" comments on here.

 

The new club will "technically" have debt - namely one owner will invest money in return for shares in the company.

 

Before some go off on the "a football club is a charity" type angles, the new owner will expect a return on that investment, and the new management team will expect to receive an income in return for their work in rebuilding the club.

 

One day the owner may wish to sell his shares, possibly (and hopefully) when we are back in the Premier League to some incredibly wealthy benefactor that allows us to get into the CL.

 

The point being that in the past there have been too many complaints and comments about what Lowe and others took out, of dividends paid and the rest. The new team will have to take many hard decisions and some fans will not like that and there will always be an undercurrent questioning why xyz earns an 80k+ a year salary in the management team, as much as they will question whether ab or c player is worth their 2k a week.

 

Tony and his team have 3 weeks to examine the up to date finances of the club and it's contractual obligations. That then needs to be entered into their initial outline business plans. I am sure they will find all those plans are viable.

 

They must find a way to REVERSE the trend of the past 3 years that have seen this club LOSE around 15million pounds in order to ensure firstly our survival and then our progress. Just cast a thought back to the horrors of last season and the pain when the previous management tried to cut costs. Do we WANT to carry on as before and waste the investors money? Or do we expect them to carry out radical surgery, stabilise the club and then build sensibly and slowly for the future?

 

They have a hell of a job on their hands, they have stood up and the investor has taken on a hell of a risk.

 

For that they will be rewarded with salaries, with dividends and hopefully profits for additional investment. That money will come from us fans and now we can give it with a happier heart.

 

Finally, it is possible that the secured creditors will have accepted a specific cash figure, but at the same time it is quite possible that they may have insisted on what is termend "deferrals" so that by helping to save the club NOW, they would also receive a reward later when the club is more able to pay something to reward their help now.

 

So as I have said, it is fantastic that the new team are here, that firstly we have a club to support and moan about next season. But, at the end of the day, the next 20 days is actually INCREDIBLY short as they have to sort out the mess and decide what shape the new business will be in from the day they take full control and start building.

 

Carrying out open heart surgery to save a life is not done in 5 minutes in a car park with a Swiss Army Knife.

 

It will take time, and it seems we now have a team of motivated and highly skilled surgeons to carry out the operation

 

the next 20 days is not to sort the mess out, its to sort out the contracts and fa issues - the mess will take years!

Posted

It's like a few posters have been stood up at the alter before. Yes there was lessons to be learned from the Wilde episode, but mlt would see that the club is taken good care of. It is sad we have to disect & manipulate what is a positive letter - I think tl deserves a little more faith right now. Like ff says even the most negative should be caustiously optimistic.

Posted
It's like a few posters have been stood up at the alter before. Yes there was lessons to be learned from the Wilde episode, but mlt would see that the club is taken good care of. It is sad we have to disect & manipulate what is a positive letter - I think tl deserves a little more faith right now. Like ff says even the most negative should be caustiously optimistic.

 

Great analogy!!! That's exactly what it's like! Or that she pulled back the veil to reveal Susan Boyle and not the Heidi Klum we had been dating!!!!

Posted
It's like a few posters have been stood up at the alter before. Yes there was lessons to be learned from the Wilde episode, but mlt would see that the club is taken good care of. It is sad we have to disect & manipulate what is a positive letter - I think tl deserves a little more faith right now. Like ff says even the most negative should be caustiously optimistic.

 

agree 100%

 

How "posters" like mr nice can suddenly appear and pick holes in it is unbelievable

Posted

Read this last night when Pi**ed so didn't post, re-read this morning & It makes interesting reading & offers hope for the first time in what seems a lifetime. I do feel very optimistic for the future, I temper that with caution as it's not signed sealed & delivered yet. I also urge caution & over-reaction over where we will be in three years. Lets not forget it takes time to build a team & a Squad which is what we need to do, as from what I've seen we have very few players at the club right know as a main core to start the re-building from. hopefully within 3-weeks the Club will pick itself of the floor & start moving forward however long it may take, lets be thankful we have HOPE for the future again, reserve rejoicing for when the deal is signed.

So I raise a glass & offer my thanks all involved in the hard work at Pinnacle + Le-God & the mystery backer & keep up the pressure till the deal is complete, I will then breath a huge sigh of relief & celebrate.

Posted
the next 20 days is not to sort the mess out, its to sort out the contracts and fa issues - the mess will take years!

 

Actually financially it must take 20 days. Structurally of course it will take longer. The new guys will have to start with a sound structure. No more 8 grand a week for people that can't be bothered

Posted

The key to our future is fan unity, I hope that we can now put the years of wrangling behind us, and, to support and give time to whoever buys this club.

We can rise like the Phoenix in time, we need to be patienmt and give the new owner time.

Don't look for a multi million investment, but just be glad our club is going to be saved

Posted
Actually financially it must take 20 days. Structurally of course it will take longer. The new guys will have to start with a sound structure. No more 8 grand a week for people that can't be bothered

 

Don't worry Phil, Rupert is long gone... ;)

Posted
We have one prospective owner - who isn't any of old lot

We have MLT who will unite fans and inject optimism

MLT will give make us the most attractive team in the division to attract players of right level

We have a club

We are debt free

We have the offer of some investment - we have never had that before

 

Our problems are not all over but we can, and should, look forward not back

 

Is that a FACT ???? ....... Is St Mary's paid for now then ???

 

 

I'd like to think so .... but if we still have a large Mortgae on it, we are NOT debt free

Posted

Great news, but some of the euphoria on here is embarrassing. Nothing is set in stone yet, and it would be just like us to recieve yet another kick in the ******. I will rejoice when its all sewn up.

Posted
The key to our future is fan unity, I hope that we can now put the years of wrangling behind us, and, to support and give time to whoever buys this club.

We can rise like the Phoenix in time, we need to be patienmt and give the new owner time.

Don't look for a multi million investment, but just be glad our club is going to be saved

 

Agreed ...

 

Fan Unity WILL be there ....... as long as a certain person isn't ...FACT

 

The Team ?? I honestly believe that if last season's Young squad had, at the outset, say TWO "experienced" wise heads to guidw them, then we would have had a mid table Team at worst

 

Success will breed success .... a few wins at the start will hopefully attract good gates etc etc

 

Adante Adante ...........

Posted
Haven't we been here before?

 

For TL read MW. For MLT read MC.

 

Let's see a little more detail first.

 

even after that it can go wrong, at any time. And we will all die one day, you are right, lets not be pleased.

Posted
Don't worry Phil, Rupert is long gone... ;)

 

:D

 

I was thinking more of seeing the difference between say Fish Mills & a certain international at left back!

 

But yes long gone....

Posted

Sounds promising and now my feel good factor is begining to return..if these guys save our club , and MLT is involved ..my warmest thanks and gratitude goes out to them...

I am nearly there and the next 20 days are crucial to us all , lets hope the spirit of the club also returns also during this process.

Posted

I dont think you can deny anyone for being a bit over excited atm. It was only a matter of days ago when the wages were not paid that most thought it was the end.

 

The club has now been thrown a lifeline but I suspect most fans will still be sh*tting bricks until it is all over.

Posted
Agreed ...

 

Fan Unity WILL be there ....... as long as a certain person isn't ...FACT

 

The Team ?? I honestly believe that if last season's Young squad had, at the outset, say TWO "experienced" wise heads to guidw them, then we would have had a mid table Team at worst

 

Success will breed success .... a few wins at the start will hopefully attract good gates etc etc

 

Adante Adante ...........

 

 

 

Adante?

 

 

Avanti! avanti!

Posted

A better letter it would have been difficult to imagine. Great news, but personally I'm also leaving the champagne on ice until it's all gone through. Then we can start the rebuilding process, without, I would suggest, Wotte at the helm.

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