Amesbury Saint

what is Morph up to. I think I have missed something.

Agreed. To have league football for at SMS next year we new a buyer. Whoever buys the club, I will support. It maybe they are an interium solution, until the billionaire who a vision of turning us into the best football team in the world makes his move.

LestWeForget Full Member Join Date: Jul 2007 Location: FL Club Directors Box Posts: 59 -------------------------------------------------------------------------------- Quote: Originally Posted by dubai_phil how much money the alleged Jackson group has bid? - was 7M, now 8.5M how much of that is in cash? - 5M What is their budget for next season? - Unknown, and depends on outcome of SMS issues What is the cash flow forecast - unknown, see previous - and the worst case attendance break even point? - 17.5k (But they are calculating on 20-24k) Source - a contact at the FL (I obviously cannot name this person) who is liaising with the club regarding next seasons fixtures. 17.5 attendance is too high. We have messed up our chnaces of selling 9000 ST for next season. I think we will do well to have an average of 15k with a spread of between 12k and 18k.

disappointment, frustration and less hope.

I read this as, if we only hear from the Administrator, then it is bad news. I want to hear from our new owners!

Yesterday Weston Saint posted Pretty depressing from one of the more informed posters on here. i dont think we are but that is based on hope rather fact. Anyone think we are history?

I agree. Only ever saw Saints ladies play once. Lost 4-0 at SMS against Arse.

bad news organisations leak info however good they are at trying not too. Even the MOD leaves info on trains.

But we had an article on Poke. re two different companies - thats ok then, I will buy my season ticket tomorrow!

but we had an article on Poke today

Company accounts are prepared on the basis of being a going concern - debtors pay their bills, no quick sales of fixed assets needed etc. When a company goes bust assets are sold off quicky, rarely getting the full value. So the break up value of a company is often lower. Simplistically if you have 3 months to sell your house you will get a better price than if you have to sell it by Thursday.

Why no updates on administration?

or lets borrow silly amounts of money from them and then not pay it back!

with so much written by others today I was looking for your post. But it provides little encouragement. If the bid on the table is greater than the breakup value of the club, the Administrator should accept it?

but we appear to have forgtton that!

On judgement day the creditors will have to settle for anything better than the breakup value of the club.

lol

"heartace for Saints fans as club folds" "Anger from Saints fans as Lowe is new owner" "Delight for Saints fans as MLT is appointed Chairman of Saints. New Board promises £10m immediate investment in club" "Dream time for Saints fans as premiership title is awarded to Saints as top 41 clubs are kicked out of league"

Agreed re first paragraph Re second paragraph sounds like two good bids, and as you said it would be good if sorted out on Monday. We really do need to get ownership sorted - preparations for next season off and on the pitch need to get going. For example the small matter of selling X thousand STs in a recession. I hope the new owners have soem great marketing and sales people.

Question Keegan as manager? Keegan as DoF? or Keegan as owner? which would be best

whoever the new owners are, they will need people involved in the club that create a wave of optimism across Southampton (if only to sell STs). Keegan is one of those people who can create that optimism.

KK would be brilliant

In which case please can you get off here and do the deal!

Very good! but should it not be Bruce Springsteen & The Sessions Band Saints Go Marching In or Louis Armstrong - When The Saints Go Marching In Clearly Loius or Bruce will not be there!

perhaps he does post here. Lets start the guessing game of who on here is Fry! (all made up!)