
St Paul
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Everything posted by St Paul
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It was for exiting admin without a CVA, and as the Revenue are committed to challanging every CVA until the Football Creditors rule is changed, any Club that owes the Revenue will not get a CVA. League rules say you cannot compete in the league without your golden share. The Golden share will not be transfered to the new owners post admin, unless the Club come out of admin with a CVA. The Revenue opposed Leeds' CVA, so the League impossed a 15 point deduction in return for the golden share. This has now become standard practise, if any Club leaves admin without a CVA these points will be deducted. Boscombe had another 2 added because of previous admin and Luton had more added for irregularities. If the Football League allow any Club to come out of admin without a CVA, and don't deduct the extra points, then Ken Bates' lawyers will have a field day. In our case it's all a question of how much we owe the Revenue, but 9 times out of 10 it's money owed to the revenue that pushes clubs into admin.
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A couple of points I'd like to make. SLH will only go into admin when is suits the major shareholders with the balance of power to do so. It is a business to Lowe and the timing of admin will be a business decision, not a football one. The -10 points is written into the rules, however any deduction for coming out of admin without a cva is not. Luton and Bournemouth got a bigger duduction because they'd been in admin before( Luton also got an FA one). Chances are we'd be given -15, as the precident was set by Leeds, and that's what they got. Also if we dont owe the revenue, maybe we will be able to come out of admin with a CVA. It is only the revenue opposing fotball CVA's.Norwich Union and Barclays may be happy with X amount in the £, whereas the Revenue are opossing every football one out of principle.
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To have a Manager like Redknapp in place and then undermine him with SCW was maddness. Redknapp hated his time at Southampton and that's down to Lowe and the way he ran the Club. My eldest's girlfriends family have known the Redknapps years, and her father's spoken at length to him about his time at SMS. From calling him Redknapp to his face, to holding conversations in French with Cowan, in front of him, Lowe made him uncomfortable from the word go.I think Redknapp was a two faced money grabbing so and so, for not resigning. By not being interested, he caused a lot of problems at the Club. However, he was not interested because of Lowe and Lowe alone. I've always thought another Chairman, dare I say it, Leon with Lawrie, could have got the best out of Redknapp. There's no doubt had he been given the money and the free reign Burley was given, he'd have got us promoted. There's obviously no way of ever knowing, and the only thing that can give us a clue is subsiquent events. Redknapp went on to win the cup, and get a big move, SCW and Clifford are unlikely to get a decent job in football again, and Rupert still seems incapable of realising his mistakes, and continue's to make them (NP)
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I'm not a fan of Redknapp's however since he left us, Pompey stayed up, 2 top 8 finish's, and won the cup. He's been offered, and taken 1,the Managers role of 2 big clubs. I would also suggest that in a poll of Managers would be the general public's number one choice to manage England( if the choice was only Englishmen). He has had a pretty good career after leaving Saints, and it's hardly his fault he's "Bankrupted the Skates". If that's the case then George Burley rather than Michael Wilde, Hone ect should take the blame for mismangeing our finances.Surely Peter Storie or Gaydamak himself should carry the can. Which Manager would turn down players or finance if it was offered? If you asked supporters of every other League Club to choose between Redknapp and SCW at their Club, how many would choose SCW. My opinion, nil. If SCW was so much in demend and so brilliant(in football terms), why is it only Lowe can see it?
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You seem to want it both ways. If the PLC "worked" up to relegation, then surely, not being a PLC "worked" for all the years before that. PLC's can work in football, however has another Club taken the "reverse takeover" route and has another small shareholder welded some much power at any other Club? The problem is not PLC's in football, but our particular PLC. Had we been set up the same as most PLC's rather than a reverse takeover by a retirement home specialist, then things would have been different, in my opinion.
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What people don't seem to be able to get their head round is the fact that Lowe will do what's best for Lowe.He does not care when the points will be deducted or the impact on the future of the Club. My opinion is when he feels the games up, the games up.He'll enter admin regardless of whether it's April, May, before the deadline or preseason.No one can seriously believe he will want to get involved or be allowed to get involved (by public opinion/wife) after taking us into admin, so unlike Bates, who played the system to the benefit of Leeds, knowing he'd more than likely be involved. Lowe will do what's best for his finances and reputation. Let's just hope what's best for him is what's best for the Club in the long run.
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This Season - Carbon Copy of Prem Relegation
St Paul replied to Channon's Sideburns's topic in The Saints
I always thought that if Lowe could make a profit as a League one side, he would be happier than making a small loss in the CCC.This is why Clubs should not be PLC's and people like Lowe nowhere near them. -
This Season - Carbon Copy of Prem Relegation
St Paul replied to Channon's Sideburns's topic in The Saints
And people still stick up for Lowe, unbelievable. -
We missed the boat with investment because we did not have a forward looking board or CEO.I've no doubt that a Club that had been in the top flight for 20+ years, from a City as big as Southampton , a massive catchment area,and a lovely part of the Country near to London, would have attracted foregin investment once the foregin owners came calling. Add to that a new ground, a top ten team and a cup final and it becomes even more attractive. There is no guarentee of sucsess, but we'd be a hell of a lot better off than we are now. Personally I think the people involved in the Club wanted the riches and kudos for themselves, rather than hand it over to someone else. A missed oppurtuinity this Club will never get again.
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We needed a goalkeeper last season, when Kelvin was injured and Crouch got Wright in ( at great expense I'm sure).His performances certainly made a big difference to us staying up. Fast forward to this season and the need for a striker, what does Lowe do, sit on his hands. We need a last throw of the dice, we need to take a gamble, otherwise we're down. Perhaps Wilde can fund it, perhaps if Lowe or Cowan paid their severence money back, perhaps they should go cap in hand to Leon. But DO SOMETHING LOWE.
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Saints couldn't afford Pearson - it all sounds very familiar..
St Paul replied to Mole's topic in The Saints
There is a lot of things Lowe has done to damage SFC. There have been plenty of times Lowe has lied to the supporters, however this is making a mountain out of a molehill. This was not a question of being able to afford Smith ( as Bassett was brought in to do the same job), but a question of value for money. The Club couldn't afford to pay an Asst Manager, who spent more time in the bar, than on the training pitch. -
Personally I think Davies will keep Forest up. Can we say the same about Wotte?
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Saints couldn't afford Pearson - it all sounds very familiar..
St Paul replied to Mole's topic in The Saints
A friend of mines Dad played with Jim Smith at Aldershot and has remained friendly with him since. Smith has a "George Burley" type lifestyle (without the women) and this has caught up with him in recent years. It was one of the reasons he left Pompey, with Redknapp not putting up much of a fight to retain him. I am totally against Lowe, but on this occasion, dont think he's done too much wrong. The line around the finaces whilst a lot of BS, was proberly better than the truth coming out in this particular instance. -
Wotte was very much part of the set up from day one. No matter how much he tries to distance himself from Jan and all that went with it. Wotte stated it was HIS decision to give Dyer a new contract. Therefore we have to assume he was making decisions about first team players. It beggers belief that Dyer was the only first team squad member Wotte made a decision bout, unless he was just trying to big himself up following Dyer's good form at Swansea.
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I always thought we could come to regret missing out on SISU, certainly I would back Coventry to reach the Prem before us. Wonder what would have happened had SISU taken over, and then run the Club the way Lowe & Wilde have . Would people be praising them for their visionary policies, claiming there was no other way. Or would they be considered incomptant fools, who were toatally cluless.
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Was Lowe a lot closer to being right than we give him credit for?
St Paul replied to trousers's topic in The Saints
The person I feel sorry for is Jan. Totally out of his depth, however he was only doing Lowe's bidding. He's become a patsy for the failed "total football" idea,but all he was doing was implenting Lowe's policy.Had he been allowed to play Saga, Euall, Rudi and Perry in the same team, I'm sure his results would have been a bit better. Time and time again supporters were calling for, more senior players, a more direct approach and one of Saga, John or Rasiak back off loan. All Lowe has given us is what everybody wanted from day 1. A Manager who knows what he's doing , being allowed to manage the best way to get results, with all players at the Club at his disposal. Was Jan given that ? -
Larwie in his 40's for me. We could then look foward to the signing of David Beckham.
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My anger is directed at Lowe, because this season's policies are quite clearly his and Wilde is just a nobody at the Club, despite the tittle. I was prepared to judge Lowe on this season and not the past and from day 1 it's been a diaster IMO. Not retaining Pearson, employing Jan, loaning out all 3 of our senior fowards, treating the senior players like dirt, buying and loaning young players clearly not good enough and the constant blaming of others, are all down to Lowe IMO.Wilde should never have let him back, but Lowe makes the decisions and they've been very poor.
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And if Blackpool had lost one more game, they'd have gone down, oh and Barnsley, Norwich and Sheff Weds. Fact is Pearson kept us up, and is now doing a pretty good job at Leicester. Whereas his replacement is?
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It would be very interesting to see the details of what Lowe said in the interview and how they compare to what has happened since his return. For me the Radio interview was the starting point of his return, despite saying in it that he had no interest in coming back.
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All people are saying is that he's been involved all season. He said that he recommended Dyer for a new contract, so obviously been involved in the first team. Had Dodd taken over from Gorman and Dodd, would his part in that duo and the results they got forgotton? The original question is a good one, did he speak to Jan or has he had a rethink and come to the conclusion that this "Dutch" way of playing was heading stright to league 1. Personally I think he's been allowed to play any of the squad, whereas Jan's hands were tied by appearence money issues. I would also like to know if the reserves and youth team will now be playing this more direct style or has the policy of all team's seamlessly playing the same way been binned as a failure as well? Here's hoping so.
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It's too early for me to judge Wotte but the signs are a bit more promising. He seems to have basically thrown out the blueprint laid down by Jan and is doing what countless posters have been calling for all season. A mix of youth and older heads and a more direct style. Personally he comes across as a bit of a t*at, however if he keeps us up, will deserve a lot of respect. What I would like to know is if he ever advised Jan to go down this route (whilst Jan was insisting otherwise) Whether Lowe is now allowing him to play all the senior guys, whilst denying Jan that option, or whether he's worked out that this is the way to get results in this league. I guess only Jan and Lowe know the answer to that.
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Why has the share price fallen through the floor since his return then? Surely if you're right, people will have faith that now Lowe is back to cler "other's mess up" they would rise or at least stay stable.The share price is the city's judgement on the present and future sucsess of the Company. Why are attendances down? Surely if people had faith in Lowe "clearing up other's mess" they'd return? Which business or sporting measuement can you judge Lowe's second spell as a sucsess?
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“What other Chief Executive of a public company would be able to remain in office as a minority shareholder only, with a share price going through the floor and well over 50 per cent of the ‘customers’ for the product on offer abandoning their support? " For all Wiseman's fault, who can argue with this statement? It is unbelievable there are still people supporting Lowe, by any business or sporting measuement, his second spell has been a complete and utter disaster.
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The great thing about football is we keep the score. It is not like a concert or play, where people can have different opinions as to whether it's any good. There are facts and results that tell us whether a team/Manager is any good. You can not tell me Donny Rovers, Blackpool, Barnsley and others have a much higher wage bill than we did.With reasonable cut backs, sensible signings, and a proper Manager, we should have stayed in this league. The fact we're not going to, can only be down to the Manager and the people who run the Club.The buck must stop somewhere, you can not keep blaming supporters or previous regimes for mismangement THIS season.