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Everything posted by derry
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Meeting Thurs 23rd with Trust, SISA, Saveoursaints, 2 MPs, LM and MC
derry replied to derry's topic in The Saints
LM and LC made the point that the administrator can't be seen to be talking down the club, which apart from being the defacto owner at the moment, he can't be seen to be involved. He is selling SLH the owners of the assets, of which the football club is financially the weakest. -
Meeting Thurs 23rd with Trust, SISA, Saveoursaints, 2 MPs, LM and MC
derry replied to derry's topic in The Saints
To put your mind at rest, the only egos on view were the SISA four. They are impossible to work with, no discipline, bigoted, opinionated, unable to sit and listen without loud interdiction's, giving no quarter to opposing views. Nobody could do business with them. They got what they deserved and were isolated by their behaviour, their self justification is typical of their blinkered views. I just told them I'd never work with them because of their anarchistic behaviour and disrespect for others, in any event I had already agreed a joint way forward with Nick Illingsworth which brought our two groups into a joint parallel mutually supporting position before this meeting took place consequently they are not needed. -
Meeting Thurs 23rd with Trust, SISA, Saveoursaints, 2 MPs, LM and MC
derry replied to derry's topic in The Saints
Apologies Rob I should have said the fans collectively and not you, there have been so many questions relating to players you might even call it the BWP syndrome as he is the one whose wages are continually mentioned. I've edited it. -
Meeting Thurs 23rd with Trust, SISA, Saveoursaints, 2 MPs, LM and MC
derry replied to derry's topic in The Saints
In a word we would have to mount a specific appeal for money but the administrator/club doesn't want to bare it's soul if it can be avoided. -
Meeting Thurs 23rd with Trust, SISA, Saveoursaints, 2 MPs, LM and MC
derry replied to derry's topic in The Saints
Maybe but that is voluntary. If the wages were withheld, the PFA would step in and pay the players. The club would then be forced into administration, which, as it couldn't be funded, would mean winding up. The sooner fans grasp the message the sooner we can do something. -
If we don't pay the players we will be wound up. If every fan put in a fiver we would raise about £75,000, kids, and couples excluded. That would buy us another week. Think about it.
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Meeting Thurs 23rd with Trust, SISA, Saveoursaints, 2 MPs, LM and MC
derry replied to derry's topic in The Saints
LC and LM talked about that, and fully understand. Forget the players they haven't a clue. It's down to the fans, keep the club going until it's bought and wave goodbye to most of this years squad and management and good riddance. We have to get over the next three weeks. -
Meeting Thurs 23rd with Trust, SISA, Saveoursaints, 2 MPs, LM and MC
derry replied to derry's topic in The Saints
Nick, if you had seen it last night you'd be embarrassed and looking for a rock to crawl under, it was that bad. -
So Will The Club Just Be wound Up If No Buyer Is Found????
derry replied to um pahars's topic in The Saints
It looks like about three weeks before the buying process could complete. It is conceivable that the final buyer could help but there isn't one yet. It is surviving to be sold is the issue, furthermore last week there were worries we didn't have enough to even stage the Burnley game. Listen people, it is that bad. You better believe it, because we have to keep the club going somehow. Crouch is keeping it going at the moment. -
So Will The Club Just Be wound Up If No Buyer Is Found????
derry replied to um pahars's topic in The Saints
Firstly I think one of the problems and it is not confirmed that the bank overdraft is the clubs and the creditors are the club's The shareholdings and the assets are owned by SLH in administration. Secondly it only needs one of the creditors, say Cedar Press to run out of patience then it is winding up as there would not be enough to fund administration, whereas SLH has assets, the lodge, the farm. and staplewood. and the sale of these would fund administration. -
Meeting Thurs 23rd with Trust, SISA, Saveoursaints, 2 MPs, LM and MC
derry replied to derry's topic in The Saints
£5600, 1 cheque for £500 , plenty of notes, about 90% contributed nothing, average about 23p a seat. Pretty apathetic, don't you think? -
Meeting Thurs 23rd with Trust, SISA, Saveoursaints, 2 MPs, LM and MC
derry replied to derry's topic in The Saints
While you were going off half ****ed I was writing the report. Now you've seen the report how much cash are you going to put in? -
Meeting Thurs 23rd with Trust, SISA, Saveoursaints, 2 MPs, LM and MC
derry replied to derry's topic in The Saints
In some respects some good things came out of the meeting, as far as SISA were concerned for so-called political activists they displayed a complete lack of political skills and were unaware of the fact that they had been politically sidelined before the meeting. Their loud voices and constant interruptions displayed for all to see their unsuitability to have any connection with an initiative. So much so when they were looking for unity for them to lead an initiative I'd really heard enough. I gave them both barrels. I told them that I wouldn't dream of supporting them,we didn't need them and would be carrying on without them and already had a £m in pledges which shut them up for long enough to finish, I'd never meet with them again, the meeting was a disgrace, there was no structure. the chairman McMillan didn't have a clue and their behaviour was anarchistic. I then smiled sweetly shook hands with a few, got a lot of knowing looks and left. I had heard from many that SISA were a busted flush and they confirmed that. The meeting! Chorley spoke for about 50 mins and said nothing that couldn't have been said in 2. By the end of that they had lost everybody. Alan Whitehead spoke well, and was focused, in a nutshell bidding for the club wasn't on, it was keeping the club going until a buyer took over was the issue. Leon Crouch was visibly upset and looked desperately worried. He was followed by Lawrie McMenemy they both said essentially the same thing and made their points quietly, informatively and with obvious concern. They said how desperate things were unless £250,000 was put into SFC over the next three weeks it would go under. That the whole focus should be on fundraising now not something that may never happen. Mary Corbett, again made a very telling point that the finances of the football club were so bad it would be winding up not administration that would happen. That it was only the support of the creditors that was preventing that happening. The two councillors were practical and brief, fund raising ideas were floated, the subject of the council buying the ground as a last resort was discussed. Tickets for the legends v celebrities match on Sunday May 17th are going on sale on Monday early purchase would be of immense help. The early launch of season tickets was raised but there is a liability if tickets are sold for next season knowing the club is in difficulties could leave the promoters personally responsible. There is going to be a bucket collection on Saturday, I thought that passing the buckets along the rows would raise more money rather than less than 10% putting in as happened last time. That's about it, from our point of view until the buyout is sealed we should continue with the backup initiative. The proposal at the moment is to work in parallel with Nick Illingsworth and the trust, they will publish the website address and support pledging in the press, we will look to use the trust to manage and contain any subsequent monetary appeal if necessary at the same time revamping and relaunching the trust. -
Meeting Thurs 23rd with Trust, SISA, Saveoursaints, 2 MPs, LM and MC
derry replied to derry's topic in The Saints
The bare bones of the meeting was in my previous posts, Mark is being sensible having seen how new posters are treated. -
Steve, there is no administration, I am told the club would have to be wound up, it's that serious.
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Meeting Thurs 23rd with Trust, SISA, Saveoursaints, 2 MPs, LM and MC
derry replied to derry's topic in The Saints
It came from LC and LM but it was Mary Corbett who made the most telling comment. I gave a list of those present. -
Meeting Thurs 23rd with Trust, SISA, Saveoursaints, 2 MPs, LM and MC
derry replied to derry's topic in The Saints
Not allowed due liability if selling something and not able to deliver, -
The club really is in a desperate state. If anyone wants to help from 1pm, Lawrie is trying to get some ex saints helping, as many as possible if you are able. Email, Nick Illingsworth, he will be delighted if you do. at soton24@hotmail.com
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Meeting Thurs 23rd with Trust, SISA, Saveoursaints, 2 MPs, LM and MC
derry replied to derry's topic in The Saints
Let me say now both Leon Crouch, who is doing more than everybody else put together to keep the club going, and Lawrie McMenemy are desperate. They had to be to sit through the crap tonight. If funds aren't raised we won't be going into administration, we will be wound up. -
Meeting Thurs 23rd with Trust, SISA, Saveoursaints, 2 MPs, LM and MC
derry replied to derry's topic in The Saints
Nick, If I hadn't seen it with my own eyes I wouldn't have believed it. The meeting LM, MC, LC, Alan Whitehead (sensible), two councillors(sensible) Nick Illingsworth and another from the trust both sensible, Lee Marchant and Simon Richards from the Saints Aid, our group and SISA 4, The meeting itself was an absolute disgrace, however we learnt that the club has days to live and needs to raise £250,000 if is still going to be there in three weeks time. It is a basket case and needs to be kept going until one of the two buyers who are now in due diligence plus one more yet to show proof of funds. I wouldn't go to another meeting with any of the SISA group. I couldn't begin to describe it and if I tried you wouldn't believe me. I think the remainder will pull away and just leave them to rant amongst themselves. Your last remark is a leg pull, please tell me it is? If it isn't I'll arrange to have you sectioned in the morning. -
In that case you'd better let Mark Fry know because as of ten minutes ago he said they were considering their position to a direct question about legal action and the lawyers were looking at it as we speak.
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Firstly it's not over yet. Last week Grant Thornton appointed by the league to investigate had a brief from the league, when they proceeded to exceed that brief the club refused them access. GT then walked out and without further ado submitted a report on which the league has acted. The administrator says that the league's actions are not in accordance with their rules. The club is considering it's position with it's lawyers and I'm expecting SFC to appeal and/or SLH fire a legal shot across the league's bow. This is likely to run and run.
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I've just heard the administrator, there was an argument last week between Grant Thornton and SFC because GT was exceeding it's brief from the league. GT then walked out and submitted their report, that caused the the league's reaction. The message I'm getting from listening to Mark Fry, as the lawyers are looking at it in view of the fact the league are making it up as they go along, fur is about to fly.
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Meeting Thurs 23rd with Trust, SISA, Saveoursaints, 2 MPs, LM and MC
derry replied to derry's topic in The Saints
Thanks Frank, It's easy to expel hot air with the help of a keyboard. My view, I really couldn't care less about the criticism. I'm doing what I'm doing. If people start to hack me off I'll leave them to it and go and play golf. -
This could run and run, the league's rules don't cover this and they are making policy up on the hoof. The club will appeal. the SLH may sue them if that doesn't work. The club could also now decide to go into administration to make them more attractive and sod the league and exit with a CVA and new owners with more money to spend.