
Gemmel
Members-
Posts
7,286 -
Joined
-
Last visited
Everything posted by Gemmel
-
Possibly, but I think it evolved around the fact that our financial year ends in June (I believe) and what year they wanted that revenue to show in. If they do indeed go on sale earlier, then this year it suggests they want the revenue to show in this years (This is just guessing by the way).................. which might make this years figures appear a bit more healthy and anyone who was bonused on such things, might do very well. I am not sure when the financial fair play rules come into effect, or whether this would have any baring on it.
-
The last two years when we have had to wait ages, were both at times when demand couldn't have been higher and people desperately waiting to buy one.
-
Interesting to see when they will actually become available. The announcement of details is much earlier than previous years and assuming they go on sale equally as early, does that tell us anything about our cashflow?
-
Would you sell Shaw if the other team loaned him back for a season?
Gemmel replied to DuncanRG's topic in The Saints
If Mourinho comes in with a 15million bid and 60k a week contract at Chelsea, he will be gone, regardless of what he or his family say now. I have no doubt he will sign a contract with us. That protects us and him. But some fans are going to be hugely disappointed if they think we will keep all of our stars from this season. -
Would you sell Shaw if the other team loaned him back for a season?
Gemmel replied to DuncanRG's topic in The Saints
We are. Maybe not to the extent we have been previously. But if a big four or five team want one of our players and they want to go - They will. -
My boy did his leg in, had an operation, but couldn't sit in his seat and was a season ticket holder. Phoned the club and they gave us a box. No meals or anything but a lovely touch, from SFC.
-
Not for the first time on this thread you have completely missed the point. It was a loan at very expensive rates. If he had money men on speed dial, he would have got a loan at much more favorable rates.
-
If that was the case why did we take a loan out from a BVI company - Same company as Everton use, who rates were exposed as horribly expensive.
-
Breaking news sky sports - Pochettino will leave if NC quits
Gemmel replied to Made in Southampton's topic in The Saints
http://www.bbc.co.uk/sport/0/football/22552344 -
Can't argue with that
-
http://www.bbc.co.uk/sport/0/football/22552344 Merge if needs be
-
The description of what now appears to be the core business is ; Purpose The company intends to acquire, manage and sell shares in companies of all kinds, especially industry, trade and finance companies in Switzerland and abroad as well as management, administration and consulting group of companies. The company may acquire and hold land, and sell. The Company may engage in any commercial, financial and other activities which are related to the purpose of the corporation. So no it doesn't mean they want to cash in on everything straight away, they will cash in on their assets when they are at their optimum value. You could argue very strongly that without huge further investment, Saints are currently at their optimum value
-
Most of MALI's group companies, appear to have been liquidated. The core business appears to be simply investments.
-
Most of MALI's group companies, appear to have been liquidated. The core business appears to be simply investments.
-
http://metro.co.uk/2013/05/15/mod-launch-appeal-after-two-men-filmed-with-unexploded-bombs-on-shoulders-3759875/ What a pair of tools
-
No it was 16 Total - Then 24 total then 38 total (Not in addition) The total spend to date (Which includes the 14 million purchase price) at the end of the Championship season was 38 million pounds, which was converted to equity
-
The debts were that amount before 2012 and totalled out at 35 million, so yes we did have a loss todate (That is everything from the day ML bought us to the end of that financial year 2011) The debt continued to rise and bottomed at 35 million - That was the total (Not in addition to the 24 million from 2011). That total was converted into equity in July of 2012. All of the debt you showed has gone, with the exception of the 3.2 BVI loan and any debt other we have accrued since then.
-
No it was last summer and the only time they have done so. http://www.telegraph.co.uk/sport/football/teams/southampton/9513001/Southampton-obliterate-their-transfer-record-to-secure-the-12-million-arrival-of-Gaston-Ramirez-from-Bologna.html The debt totaled their investment to that date. We then went on to take a 3.2 million loan and of course we don't know if the family provided anymore money, but the fact we took an external loan, suggests may be not.
-
The debt was exchanged for equity in July - Your accounts are up to June.
-
I may have missed something but there seem to be two different stories; BBC & The Times NC wants to continue to run the club in the way he has, whilst the family / trust want other people to join him and change the structure of how the club is run. Independent / Echo and Associated Press NC wants the Trust / Family to match his ambitions and invest accordingly, so more of a financial issue as to how much they are prepared to invest.
-
The main stay of the MALI group appears to be just a investment company - Buying and selling shares, land etc. Without further investment (Considerable, full of risk and no guarantees of return), then we, "SFC", are about as close to our optimum value as we are ever likely to be. I have no idea what it would cost to buy us, but it is considerably more than the 35 million it has cost them to bring us to this point, that would deliver a very healthy return and the realization of their Fathers wishes(Assumed) to return the Club to the Premier League. So whist non of us do have any idea whether the Club is for sale, I don't think it is a huge leap of faith, to consider that it might be, or (As with any investment at any time) that they would at least listen to any offers. The alternative to not selling, is to "Stick" or "Twist". Do they simply "Stick" and retain ownership and develop the club within it's own means, or do they "Twist" again (Which could cost a huge amount of money) and try and push the club on further and really go for European dream? It would take a love for the Club and a passion for football, to take the "twist" option and I don't think there is a single poster who has a clue where the family or trustees affections lie. In the cold light of day, the options for the trust could be as simple swap the club for 100 million in its coffers or keep the club and handover 50 million. Of course it isn't that black and white, but you get the gist.
-
A number of the group companies appear to be being liquidated, with the main company seemingly being MALI International AG whish looks like it is just focused on investments; Purpose The company intends to acquire, manage and sell shares in companies of all kinds, especially industry, trade and finance companies in Switzerland and abroad as well as management, administration and consulting group of companies. The company may acquire and hold land, and sell. The Company may engage in any commercial, financial and other activities which are related to the purpose of the corporation. http://www.moneyhouse.ch/en/u/mali_international_ag_CH-217.3.541.516-4.htm
-
For two parties that are historically very press adverse, that fact it has made it into the public domain, seemingly deliberately, doesn't bode well. The fact that there is a timeline associated to as well, suggests that this has probably been going on for a little while. It's hard to see what leverage it gives Cortese, by having it out there, strikes me as final throw of the dice. I guess it will depend on how keen the family are to change the current structure, or reporting lines and whether that is being driven by a desire to be closer to the business, or if Cortese has upset them in someway. Having never met the guy, I can only go on what people who have, say about him and he doesn't strike me as the sort of person to accept something he perceives as second best. That said, its a big gig and big money job.
-
I don't think he was ever at the helm, but he was appointed onto the board.