derry

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.

Jackson consortium, collection of money men brought together, low bid rejected, second bid no deposit, looking at the books. Pinnacle, similar but bring MLT on board, two money men walk away, bid collapses, keep trying and may have got a couple more money men or originals have been persuaded. Alleged Irish interest, advanced discussions deposit ready, moving forward. Fry hoping to name preferred bidder by the end of tomorrow. If the Irish bid has come this far this quickly and turn out to be serious, are named the preferred bidders, that would be preferable for me, as the other two have been struggling to put it together for a long time now. What is it with the Echo, all over the back page a bloody four leaved clover FFS. What's wrong with the shamrock you prats.

Interestingly at the All Ireland Gaelic championship games including Northern counties venues, fly the tricolour flag and have the Irish National anthem.

I was told this morning that Pinnacle may well be out of it as two of their consortium don't want to carry on, leaving just one who can't do it on his own. I was told they had made contact about joining the MJ bid but were knocked back. The overseas consortium apparently are still serious. This seems to be the left field bidder waiting for it to get serious.

Marc Jackson consortium has moved to due diligence. However they have no exclusivity as the £500k deposit has for the moment been waived. Source: Echo website. www.dailyecho.co.uk

Saints are not in administration, Chelsea are £800m in debt, has anybody asked Abramovitch whether he can still afford it. Saints are in until they say they are out.