derry

The bloke made a valid remark. I expect most people feel the same way. This is by no means a done deal yet. The biggest test is going to be paying over an enormous amount of money and that has still to happen. There has to be doubts over any deal connected with the club until they are closed out.

Just like buying a property etc. In the end 21 days might not be enough for the lawyers especially with at least three properties and a number of trading companies. I'll just be happy to see it happen in the end. It certainly makes it easier by not coming on here so much.

Leon Crouch loaned the club a lot of money to keep it going. He is also because of it a major creditor. I wouldn't be at all surprised that the group would want him on the board and that maybe that would lead to him writing off his loans as a quid pro quo. There is no doubt that he is a real supporter of the Saints and I for one would welcome his involvement.

As I said, if an administrator tries to raise funds by selling players the league rules apply but if the administrator insisted all the money was transferred to them then the transfer wouldn't take place. The club is not in administration and is the only member of the league. SLH is being dissolved and will not exist by the time an appeal goes in. The club will be debt free after an injection of £14m and will have a good case. Time will tell, league committees are one thing, legality, the law and QCs are quite another.

Owing money, not being able to settle debts, being allowed to continue to trade by the creditors buying time to sell the club and then being paid is not administration. If the club had been in administration I suspect in law the administrator would have to receive any payments. The administration law would not allow third parties to deduct debts from money paid for the sale of a company asset. In effect the transfer could not have happened if we had been in administration.

The wages were paid, as long as the club becomes debt free without going into administration irrespective of the interpretation put on it by the league there is only the connection to a company that no longer exists. The league's rules apply to clubs in administraton. Pinnacle have taken legal advice, as have the administrators and the club, they are all still sticking to the probability of an appeal. It will be QC's that will consider the validity of the league's ruling. The VOLUNTARY liquidation of the public company, and the settlement of all it's debts without the club going into administration by a £14m injection of cash will give the league a problem.

We don't need a CVA. The debts of a company (SFC) NOT in administration are being settled. The public company will no longer exist.

The club is not in administration. Maybe Clapham Saint would like to clarify the law in relation to administration with money being paid to a third party to circumvent the law. I suspect the league would not be able to have done it if the club was in administration. I can still see the points deduction ditched. SLH is being delisted and dissolved. The assets are being transferred into a holding company, the creditors are being paid, the mortgage paid off, the club debt free, the league can hardly sustain the illegal interpretation of their rules.

So what happens with equity funds. Who gets named there? Either way he looks like he is taking a seat way back. If the plan holds together and he does as publicised, I don't care if his name never came out.

Wait and see, the title is being vested in Tony Lynham, he is being installed as the de facto owner of the title. Nothing ITK here, it's in his letter. The new owner is known to a few, but his wish for anonymity is not being abused. There are about a dozen on here who know the names of the originals and the one left.

The new owner may not wish to be named at all. His employees would run the club and be the public face. I think this is the most likely outcome.

Tim, if it means that much to you, you can get it restored to perfect, It isn't expensive in real terms, don't mess it up with glue. I have sent you a pm.

Quality doesn't have to be expensive, eg. Owen Coyle, Paul Tisdale, Nigel Atkins, proven and motivators.

Along with Chorley, in my experience, three ignorant, loud mouths.

Told Mark Dennis, he quoted it on the brothers/radio hampshire.

When it's all sorted the only figures I want to see are a very wide 4-4-2. If Portvliet and Wotte had used those numbers we would most likely have stayed up despite administration. Get a decent British manager in that isn't too much of a coach but a proper manager.

Mark Fry on Sky. Price agreed and structure of the deal, as long as there is no undisclosed legal details. Very optimistic, premier structure, couldn't buy a club with these facilities for this price and is a unique opportunity.

No, but in some board capacity I believe. Maybe chairman/Quinn type roll, but just a guess.

This has bought us time to get things sorted. The non refundable deposit of £500k makes this a serious bid. I was surprised that something didn't happen yesterday with the wages not being paid. It may well be that together with that and the Irish connection coming in looking serious it brought things to a head and ended the brinkmanship.

It is time to **** or get off the pot. The four contestants are screwing the operation. The three weakest need to step aside and allow the strongest whoever that is to close the deal. Fry is on the brink of killing the club. He needs to call time if he has one definite bidder with the means to close the deal. It would be a lot easier with only one, the creditors might not be able to up the ante but they have put us where we are, especially Barclays.

The problem could well be the number of potential bidders sniffing around. I was slated some time ago for saying it would probably be better for the club if there was only one bidder. If there was only one there would be no option but to accept. It could be that we could go to the wall while the administrators/creditors strive for the best deal for them and in the end lose the club.

Shamrock is the Irish symbol not a bloody clover leaf. If the Echo want to represent the Irish bid with a clover leaf it shows either stupidity or ignorance.

Otherwise known as a trefoil, it looks like a clover except three leaves not four.