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Everything posted by Matthew Le God
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Tony make this its own thread
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no-one knows
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A company worth £10 billion doesn't mean it has £10 billion to hand. Most of that could be tied up with other projects and values of other assests and not free capital to invest. Pinnicle bid could be someone that just sold a business for £80 million and able to use that £80 million all on one project.
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Why does Fry turning down a company (not a bid) worth £10 billion tarnish anything? Both bids were roughly equal according to Radio Solent. You have no idea who is backing the Le Tissier bid. A £10 billion company doesn't mean £10 billion of investment. A £100 million pound company could offer a better deal if they use more of their cash on Saints.
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Do you mean before they have brought the club? i.e. from Monday btw why is being on an iphone an excuse for poor spelling?
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I think we should try and beat Norwich and their close to 20k season tickets. Unlikely but worth a try
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Mark Fry had two priorities i) By far the most important getting the club a buyer that provided the best deal for the creditors ii) Upholding the reputation of his company If i) is met then the best way he meets ii) in the event of two similar bids coming in from Pinnacle and the Swiss company is by giving exclusivitiy to the deal that is best for the football club rather than recieving negative press for Begbies Traynor by giving it to the poorer bid.
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As I said in my first post in this thread. The Solent report said both bids were similar. Mark Fry has a duty to the creditors. If the bids are the same then the creditors will be happy no matter who he chooses. But as I said he still needs to make a decision and choose which one to go with. Thus he then goes beyond his brief as this has been met and bases the decision on who would be best for the club.
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Poorly worded but maybe he means that it will be sustained large investment(i.e. a large fund each transfer window) over a long period(5 season plan perhaps). Starting from the day they takeover.
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Read my post above ^ An investor with £100m wiling to spend £30 million on saints is better that an investor worth £10 billion only spending £10m
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A figure I plucked out of the air, subconsciously it could be from the missing £40m It was more to illustrate the point that it is not the wealth of the buyer that matters it is the amount of that wealth that is invested and how it is invested that matters.
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I would imagine that the new man in charge will want to make a statement of intent by appointing his own man. Gives him his first new manager press conference to enjoy But also another chance to lift the fan base even more so if a big appointment. Wotte I think will revert back to the Saints Academy and would do a good job and I'd be happy for him in that role.
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The Solent report said both bids were similar i.e. for the creditors. Which suggests that the Le Tissier backed bid is likely to be the one willing to invest the most for the team. Mark Fry's first priority is the creditors but if both bids were roughly the same for that it would surely be then down to who'd offer more post takeover in order to decide who gets exclusivity. If both bids for the creditors are the same then for example... A Matt Le Tiss backed bid worth £1 billion that will spend £40 million on players >>>> A company worth £10 billion that will spend £20 million on players No-one know the backers behind the accepted bid anyway, maybe they have more than £10 billion
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The Solent report said both bids were similar i.e. for the creditors. Which suggests that the Le Tissier backed bid is likely to be the one willing to invest the most for the team. Mark Fry's first priority is the creditors but if both bids were roughly the same for that it would surely be then down to who'd offer more post takeover in order to decide who gets exclusivity. If both bids for the creditors are the same then for example... A Matt Le Tiss backed bid worth £1 billion that will spend £40 million on players >>>> A company worth £10 billion that will spend £20 million on players No-one know the backers behind the accepted bid anyway
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There is a game against Woking planned for a Southampton XI on 3rd August
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I know BWP isn't well recieved on this forum. However on a lower wage he would do very well in League One and we'd be stupid not to try and keep him aslong as the wage level was right. Same applies for Euell.
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Still worth asking
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Exit2, I want to know about any possible points deduction appeal. Think we have a good case based on the league moving the goalposts of their rules and what Mark Fry said at the time. Have their lawyers been looking into that and what are their plans? Can you ask him about that?
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DaintyDave already has released a name
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I hope its this guy http://en.wikipedia.org/wiki/Ernesto_Bertarelli
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A little from column A and a little from column B
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Buying a football club is very much like making love to a beautiful woman. It takes 60 days to pluck up the courage to make an offer.
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There's gold in them there hills!
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1885 1898 was when we moved to The Dell
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It explains why in the article