Dibden Purlieu Saint

I'm thinking I may start a new forum, called stanleyweb.com There we can discuss and praise the amazing visionary that is Stanley. In years time, we can build a shrine to him, and any that does not repent his support of the Lowe (or even the club in this situation) is to be offered as a sacrifice. Otherwise we can just call him a **** as he isn't one of us.

The BBC amazingly made the same mistake earlier, properly shook me up.

On a different note I've been published in both the morning and afternoon mailboxes on F365.com today. PB for me.

Don't worry your pretty little head about it then, as Saints will be gone as a team before then. You can go support Pompey then.

I think the point is there is legal precedent in this situation, ref: Derby 2004. The would have to distinguish the case very well or Saints would be able to sue the living daylights out of the Football League if the points were imposed imho.

Just noticed that BBC article has removed the word liquidation and replaced with administration. Dickheads, the whole lot of them. There is an enormous difference between the 2 situations.

Yep, feel appalling. Mix that with the fact I'm gonna go home at 4 and get wrecked, I'm going to be a state tonight.

I agree, the fans who are boycotting are not the reason for us to be in this mess, Lowe, wilde and Crouch are. However, if we cease to exist now we know how bad the situation is, then that is. And I for one will blame you MF's for ever more.

I thought the site was: a) Contaminated Land b) not able to be used for anything other than a Sports/leisure venue.

The debt to be wiped out is the £8m overdraft, as the mortgage is sustainable. What I can see happening is a new umbrella company set up, with an overdraft, and the new company paying £2m to SLH for all it's assets (Southampton Football club, St Mary's stadium ltd). This would then not remove all the debt, but leave a debt of £2m, so as not to wipe out all the debt as eluded to earlier by the BBC (this may make us liable). I assume it was the interest over our overdraft limit that was not sustainable. Just my thoughts.

And Michael Wilde is watching and masturbating furiousely in the corner...

Thanks for cheering me up!

...the end is nigh for Southampton football club. After 24 months of scrimping and saving, fighting in the boardroom and in the stands, we have gone into administration. It's a sad look at a club that 6 years ago finished 8th in the Premiership and got into an FA Cup Final. We stayed in the top division for 27 years. It now seems we'll drop outside the top 2 divisions for the first time in 50. The fall of my club, a club that was seen to be well run, has been dramatic, and now we hope to tie up a buyer in the current financial climate. Not likely. Blame will be apportioned to those responsible, namely the vulgar, pompous and smug Rupert Lowe, the fantastical and downright laughable Michael Wilde, the self righteous, ignorant and proud Leon Crouch, and also the Chuckle Brothers, Messrs Hone and Dulieu. Thanks must to go to all of you for mismanaging a club to it's knees. Special mention must also go to George Burley, who managed to blow £8m on poor players. But overall, I don't know who to blame. Perhaps this bunch of mercenaries, perhaps Richard Scudamore and the over-commercialisation of the Premier League, putting clubs in massive danger once relegated. Or perhaps it's a cycle, that you have to take the rough with the smooth, that it happens to everyone. After all, '...it's only a game'. I don't know what I feel this morning, I feel kind of empty. I'm glad that the previous regime(s) will now lose there money, no-one deserves it more. I would worry about us, but after the last 4 years I am apathetic to the pain my club brings me. It's just another day. I would not wish this on anybody, but it will happen to many more over the years. And I thought this could be an April Fools Joke. It turns out no-one is that cruel.

Why political suicide, Leeds did it?

Crouch isn't really to blame. I think Burley has a lot to answer for. The buck stops with Lowe and Wilde, although as eluded to, Wilde is the big villain in this piece. Without spunking £8m on players we would now not be defaulting £8m into our overdraft.

Doesn't administration get confirmed at 11.00am. Surely it's not prudent to put something on there until this time?

They can spend my taxpayers money on it, they have my permission.

Walked into work this morning, with Don't Stop Believing by Journey playing, just on random. How ironic considering there is no belief that can be had.

Anyone got a high powered rifle and scope I can borrow?

Due to it being contaminated ground, I'd assume not. I don't think housing can be built there for instance.

Just asked a friend about this, he'd know, and he's responded with the following: I know that alot of organisations are taking the parent company in to administration and then starting a new company and buying back the profitable elements! Alot of restaurants groups are going in to admin then buying back the profitable restaurants under a new slightly different group holding company!

I asked whether or not this could happen the other day, with SLH taking the brunt for the football club, and I got shouted down. (http://www.saintsweb.co.uk/forum/showthread.php?t=11508) Post 35 and onwards... Can someone WHO ACTUALLY KNOWS tell us, instead of speculating on whether this is an illegal practice or not.

I'm joking, I don' believe we're THAT close to administration.

Erm, I've heard this kid is pretty special. Quit a strange one considering we're going into administration and will have to sell off our acasemy and Staplewood.

No-one has answered my previous query. Can you just put a company into administration, even if the company isn't going to in the long run?