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Everything posted by trousers
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Wouldn't SFC be a logical acquisition for Hoddle's Academy?
trousers replied to trousers's topic in The Saints
Bugger -
Hardy Bullace?
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How do we know for sure that the Derby "loophole" hasn't been closed at some stage during the last 5 years. I doubt it's something the Football League would have shouted from the rooftops.
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Wouldn't SFC be a logical acquisition for Hoddle's Academy?
trousers replied to trousers's topic in The Saints
I hereby claim the referral commission -
I know this will get shot down as a pie-in-the-sky notion but wouldn't it make logical sense for Hoddle to buy SFC out of the SLH collapse? A finishing school in the football league....what better fit for his business model? Surely he could leverage the middle-east investment deal he secured last year?
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Could the financial plight of SLH drag down Notts County with it?
trousers replied to trousers's topic in The Saints
Made me chuckle -
Just got in there before the noon deadline....nice try
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Tongues?
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Forum match at SMS - one space remaining (away team manager!)
trousers replied to stevegrant's topic in The Saints
No, it just gets shifted to the Saturday as the forum team will have to take the place of the current first team.... -
MLT hasn't but Hoddle's Academy has....
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Tease
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At least today's grim news should ensure a healthy turn out on Saturday....
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Didn't someone intimate on here the other day that Lowe had some sort of business link to one of the potential Administration companies? Any truth in that?
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In other words, we could have Lowe to thank for not being hit with a points penalty which could ultimately save us from relegation to League One?
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Just goes to show how far we've fallen as this story doesn't warrant a mention on national news stations this morning (including SSN?)
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I guess this is one way of ensuring a capacity crowd at the Charlton game....
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April 1, 2009 Financial woes at Southampton Football Club jeopardise listed parent Southampton Football Club's listed parent company was teetering on the brink of administration last night after the club failed to agree an extension of its overdraft with Barclays Bank. Shares in the AIM-listed Southampton Leisure Holdings will be suspended this morning and Begbies Traynor, the accountancy firm, is standing by to step in as administrator of the troubled club, which has struggled since it was relegated from the Premier League in 2005. It is heavily indebted after spending more than £30 million on a 30,000-seat stadium four years ago. Rupert Lowe, its colourful executive chairman, is well known in the City as a former Deutsche Bank banker and the present chairman of WH Ireland, the stockbroker. However, Mr Lowe's return to the club last May after a well-publicised falling-out with Michael Wilde, its chairman, has failed to arrest the decline of the club. Barclays, which is being advised on talks with Southampton by DLA Piper, the law firm, declined to comment. However, sources close to the situation said that the board of the club would convene this morning to make the final arrangements to put the club's parent company into administration, with the business expected to apply to a court for an order within the week. It is understood that then the heavily indebted club will have until the end of the summer to find a buyer or face bankruptcy itself. Southampton has a £4 million overdraft with Barclays, which it has exceeded, and it also owes Norwich Union about £24 million for its stadium. It is understood that Barclays declined to extend Southampton's loan or invest equity on the grounds that it was not commercially viable. However, it is hoped that moves to put the club's parent company, rather than the club itself, into administration will save it from having points docked by the Coca-Cola Championship. The club received two years of parachute payments, totalling about £13 million, to cope with the reduction in income after relegation; however, inevitably, it was forced to sell its best young players, including Theo Walcott, the England winger, to Arsenal, and Gareth Bale, the Wales defender, to Tottenham Hotspur. Last year, Southampton avoided relegation to the third tier of English football on the last day of the season, although it faces a similar battle again, sitting second from the bottom of the Championship.
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Good of him to wait for the day we (allegedly) go down the pan before switching to plan B then....
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I think we may have met our Waterloo Saint
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Out of curiosity, what was the outed persona? Ta
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http://www.skysports.com/story/0,19528,11661_5127628,00.html
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Returned to dentistry in Harley Street last I heard....