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Everything posted by InvictaSaint
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Pineapple?
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Which, if their reporting is accurate, would mean that an agreement with the FL has been reached or Pinnacle have retreated and accepted their ruling / conditions. Either way, if true, then it's good news all round. FIngers, toes and everything else crossed....
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Many thanks Tony for your continued communication. Million dollar question, but do you have any incling as to when this might come to a conclusion?
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Since the FL's own publicly stated intention in such cases is to protect its own interests (one of which is each division of its league being fully subscribed) and the continuing existence of its members (see UP's posts on another thread), I very much doubt that the FL would gain anything by simply jettisoning the Pinnacle bid or by playing hardball - at least not to the nth degree - as they would be extending the timescale for any deal to be struck and thereby potentially threatening their own structure, should any other deal also fail to materialise. There is no way on earth, to my mind, that anybody on the FL committee could be unaware of what a complete charlatan MJ is; even they could not give him the sort of credence that they would by that stage have denied Pinnacle. Compromise is on the cards, if you ask me, at tomorrow's meeting. The FL have backed themselves into a corner in a huge way, and now have to find some face-saving mechanism whilst adhering to their own misson statement.
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Message from Tony Lynam - Saturday 20th June 12:54pm
InvictaSaint replied to Matthew Le God's topic in The Saints
Put it this way; his post on here today + his reply to my PM = a much happier Invictasaint than might otherwise have been the case this weekend. Factor in the sensible reasoning of UP, Halo and others and I think the picture is at least becoming a little clearer. -
Message from Tony Lynam - Saturday 20th June 12:54pm
InvictaSaint replied to Matthew Le God's topic in The Saints
In a moment of extreme anger, depression, frustration but somehow also galvanised support, I sent Tony Lynam a PM last night, just so that he could be aware that we are all standing four square behind him. I did this with no desire to start a conversation, or even to get a response; I just wanted him to know how I and many others feel at the moment and how we desperately want him to succeed. Imagine my surprise when, in my inbox this evening, there was a reply from the man himself. Top, top bloke - the sort of bloke we need at this club to help make it great again. -
All of which begs the question Steve of why - with complete respect to you and your research - the highly expensive legal minds working with Pinnacle have not considered everything you raise (it is their job after all) and come to the same conclusion. If this is how things stand, and how things, based on precedents, are likely to pan out, why in the name of all things holy did they proceed on the assumption that this game of brinkmanship would work?? I cannot for a minute believe that they could have entered into this period of exclusivity in such a naive fashion, with so many lawyers advising them, to risk losing half a million pounds for nothing. It just doesn't add up does it? By all means let's see them push the boundaries a little and see what happens, but for the love of God, if it's a case of seeing £500K disappear down the swanny and losing the club, or starting with your option 3 (start in DIv 3 [League 1] on -10), then the latter MUST prevail. If it is anything more insidious than this - i.e. differentiating between SLH and the new SFC Ltd - then surely it would be an insurmountable obstacle to ANY bidder as Fry has already stated explicitly (Echo quotation yesterday). All of which, ironically, should put Pinnacle in a position of strength not weakness; they have just got to learn when to stop pushing and start signing - and quickly!
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Another non-story from the Echo. What they fail to realise is that Fry has already said that ANY bidder would come up against this same problem, irrespective of who they are. If it is not resolved then the sale of the club will not be completed - whether the buyer is the richest man in the world or Mark Jackson. Thus, whether MJ has £10 billion and Arsene Wenger lined up to manager us is of absolutely no significance whatsoever; if the problem cannot be resolved, the sale cannot happen.
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Reading Halo's post in conjunction with Dubai Phil's "catch 22" post on another thread leads me to conclude that some very clever legal people on Pinnacle's side have thought this through long and hard and have realised that they can push this as far as is possible before forcing the deal through. IMO this is not a last minute hitch on Pinnacle's part, but rather a last minute realisation on the FL's part that they are on very dodgy ground legally speaking and may have to find a compromise to save themselves. We shall see. MLT's comments on SSN at 7.20 today were encouraging though....
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Was thinking exactly the same thing when I read the quotation. It clearly had Frey down as saying "any" bidder - not the current one, but any bidder. Thus as you rightly say NickG it is in his interests to clear this up on Monday, one way or another, and then help Pinnacle go form there. To start from scratch, with another bidder, and risk losing the creditor's X amount in the pound alreadt agreed (far greater than anything they would receive if we went into liquidation) would be extreme folly. Whatever we may think of Fry, he cannot be that naive or stupid. A few more bumps as we descend through the cloud cover and then....smooth landing. Welcome to New SFC everybody, enjoy your stay....
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Somehow managed to submit the same post twice, once with the spelling mistake..... and once without.....
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I'm assuming this is all very much tongue in cheek...non?
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I'm assumng this is all very much tongue in cheek...non?
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I do find it ironic that there are people on here moaning about Tisdale when he has guided his team from non-league to the very same division into which all our other custodians - many of whom many of us were happy to see at SMS [Redknapp, Burley] - have collectively allowed us to sink....
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I thought it was soul singer Errol Wetup
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Spot on
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The official 'how long can it take to say nothing' thread
InvictaSaint replied to eelpie's topic in The Saints
Is the answer raspberry jam? Do I win? -
The official 'how long can it take to say nothing' thread
InvictaSaint replied to eelpie's topic in The Saints
For evil to prosper, it is sufficient for good men to do nothing. -
The official 'how long can it take to say nothing' thread
InvictaSaint replied to eelpie's topic in The Saints
Half a bee, philosophically Must - ipso facto - half not be But can a bee be said to be An entire bee, when half the bee Is not a bee, due to some ancient Injury? Singing: La dee dee, one two three Eric the Half a bee -
The official 'how long can it take to say nothing' thread
InvictaSaint replied to eelpie's topic in The Saints
Moi, je ne regrette rien. Non, je ne regrette rien. -
True, OSM, but the same domestic "situation" clearly did not prevent McGoldrick from signing a new contract only last October.....
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Although he can't spell for toffee. HTH.
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The last post underneath the letter is from the Echo web editor who states that the paper has Tony Lynam's "express permission" to reproduce the open letter on their and other websites. Seems totally genuine as far as I can ascertain.
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Am beginning to tire of the way it is all dragging on now; emotionally very draining all of this, and if games are being played by certain parties then shame on all of them. To everybody involved: cure the patient or turn off the life support machine. Stop ****ing about and make a decision. Then, if we have to mourn, at least we will be able to.
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Good shout. Would be a good addition to their 'franchise'.