SaintBobby

Am afraid my verdict is pretty damning too: http://www.southampton-mad.co.uk/news/loadnews.asp?cid=TMNW&id=441324

Fair play, but the article says they have deferred, not forfeited, their wages

and are they now all totally worthless? Save Southampton Football Club: http://www.facebook.com/group.php?gid=76035014328&ref=mf

I set it up with 2,000 invites sent so far (3 hours ago)

I hear ya....more the merrier probably...all on the same page, I hope!

See how this group goes...hope to get some Soton politicians onside soon. Watch this space.

just seen this...joined....also have this: http://www.facebook.com/group.php?gid=76035014328&ref=nf

...please join.... http://www.facebook.com/group.php?gid=76035014328#/group.php?gid=76035014328&ref=nf

I tried to get buy-in from fans many moons ago. I crunched some numbers. You'll find the post here; http://www.saintsweb.co.uk/forum/showthread.php?p=187205&highlight=saint+bobby#post187205 Clearly, the amount needed is much less now! I'm afraid I don't trust the "established" groups - I think the Saints Trust and SISA et al have just been abysmal. I agree that we need to just kick-start something....

Not sure that's right - Leeds were hit by a 15 point deduction after having suffered a ten point deduction in the previous season. Having passed the deadline, the issue becomes whether the (possible) ten point penalty is meaningful. From what I can gather (and putting aside the fact that we might well not get a deduction anyway....assuming we do): 1. If it turns out that the penalty was "meaningful" (e.g. we stay up by six points on the pitch, but therefore get relegated by four points because of the penalty), then we have served our sentence and start next season in League One with a blank sheet. 2. If the penalty was not "meaningful" (e.g. we get relegated by 4 points anyway, but it's now 14), we may get a further ten point deduction next season. 3. If we were to suffer and ride out the penalty (e.g. we are safe by 11 points, but thanks to the penalty, we only survive by one point), we would also be considered to have suffered and served our sentence (THIS SCENARIO IS THE LEAST LIKELY). 4. We may be penalised if we are seen to have attempted to cheat the rules.

This is sort of true from what I can gather, hypo. But - without getting into the legal technicalities (which are beyond me), the issue is whether SFC is a "going concern". The debts are not "wiped", it's the job of the administrator to appease the creditors and dispose of assets. SFC is one of the assets.

Southampton till I die Southampton till I die I know I am I'm sure I am Southampton till I die (repeat)

Right...and you're the same bloke who said with "absolute confidence" that we would go into admin in the first week of February. And then said you were proven right! Please just go away. Nothing to see her, people....

Right...and you're the same bloke who said with "absolute confidence" that we would go into admin in the first week of February. And then said you were proven right! Please just go away. Nothing to see her, people....

We could ground share with Eastleigh, surely? (capacity c. 3,000)

AFC Southampton 100%. Absolutely no question. Completely hope it doesn't come to that - but I'd probably become an even more fanatical Saints fan if it did. Guess you only realize how precious something is when you lose it - or are on the verge of losing it...

It was emphatically not proven correct. You didn't put your money where your mouth was and didn't take me up on the bet I offered. Simply saying "X is going to happen" when X looks a measurable possibility - and being out by 2 months is not impressive. Your information was nonsense and your source unreliable. The fact that you were not willing to bet a single penny on it indicates that you didn't believe it either. If I predict that Mr. Y - a very eldery person - will die on 1st May 2008, I am not accurate if he finally drops dead in July. Pathetic self-justification from a fantasist IMHO.

Reinforces my basic case then...

I don't understand what the campaign is..... What specifically is being advocated?

Honestly couldn't comment on the legalities on fraud etc., but my central point of naggigng concern is that the stadium is actually worth far, far less than the mortgage on it (that's even more the case if the mortgage is at 8.5%) I'm sure there's SOME value in possible student housing or redevelopment - but nothing like £23m IMHO. Were we to default on the mortgage, strikes me that Aviva would have to flog SMS for a lot, lot, less than £23m.

Agree with your first point, although I guess this means teh pressure on the Football League will not be v supportive of us....

Lengthy report from Gary Cotterill on SSN. Precis follows: The meeting at SMS has broken up - some members joined the meeting remotely (Lowe is in London). SLH has gone into administration (although he also wrongly used the word "liquidation" a few times). Press conference with the administrators expected tomorrow afternoon. Rupert Lowe appears to have "cleverly dodged" the 10 point penalty (also went on to describe Lowe as a very clever and astute businessman who has seen this loophole and gone for it!!!). League yet to 100% confirm that the 10 point penalty will not apply. Likely to provoke fury from other clubs - and from Ken Bates. Noted the Derby County precedent.

I'm only hypothesising - and it would, of course, require us to go into administration....

Semi-seriously...(although with the emphasis on semi)...does anyone know if Eastleigh's Silverlake stadium can legally host League One games? Or whether it could be rendered fit for such a purpose? I see their record attendance is just over 3,000 (for a game vs Saints in July 2006) If capacity could be increased over the Summer - to say 9,000 with some temporary stands..... Like I say, emphasis on "semi" rather than "serious"...

I'm not sure Aviva's negotiating hand is very strong though. They might just have to accept we can't repay £23m. And the problem for them is that the asset they are inheriting is worth nowhere near £23m. Point taken that it may be worth more than £1m for potential property development - but certainly nowhere near £23m. It still seems to me that Aviva would probably have to sell it on to "AFC Saints" for massively less than £23m.