derry

It's a financial institution and all that entails, it looks like borrowed money and a share of the equity would be the sort of speculative deal this organisation would be involved in. I can't think of a better person, it's the financial source that would worry me if true.

There is plenty of money but I don't like where it's coming from. The person would be ideal, it's the source of the money that concerns me a bit. That's why it just doesn't quite add up. It's a perfectly legitimate source but it would have to be a success. The thing that really worries me is being right, and if it becomes more than conjecture causing damage.

As per my tip, the best I can say, he is one of those mentioned on here. I'm not saying who it is, in case it confirms I am an idiot.

I didn't last time, but I'm leaning that way. I don't want him back at any price.

I have been told by somebody who half owns a massive company with head offices in London, (my son's future father in law, grandchild coming this week), the household name, who is allegedly buying SLH and his backers. It just doesn't ring true, but what do I know. The person would be ideal but I have big reservations about the money if true. I won't post it unless I am sure, or the information starts to leak. It doesn't look right but it could just be. I hope they hurry up and we can forget contingency planning. We are trying to fix up a meeting with Mark Fry to look at his contingencies and ours.

That is a bloody good point, Tom Scott backed, was yesterday's rumour.

They don't need a CVA because the club is not in administration. The creditors are allowing the club to trade and will be paid when whoever buys the club takes over. SFC will not go into administration, it would be wound up and the creditors would get little or nothing as the players would be free agents.

The league are going to get into a nightmare if they are not careful. The CVA issue, the club as long as it stays clear of administration wouldn't need a CVA. Would the league say that it now needs a CVA because it is intrinsically/inextricably linked with a public company in administration. I'd love to see them do that. However SLH is in administration but because of it's assets is solvent. SFC because of it's lack of assets and debt's about £6m is only being kept going because of the goodwill from the creditors, the cash donated and the wages being paid. It can't go into administration it's either stay trading or be wound up as it hasn't the assets to fund administration.

We do know they have asked the league to approve a buyer. We all just going to have to swim around a bit longer until some more pellets are chucked in.

The stadium could make about a million a year even if nobody played there. It won't happen. The club will survive.

I think if he was on a free transfer it would be expensive. He has been an absolutely lightweight non productive player this year and should have been in the reserves from October to try and rebuild his game.

Email dluker@saintsfc.co.uk with this idea. Tell him I told you to email him your idea, he knows me.

Intrinsically or inextricably linked. No, SLH would be better off keeping the assets and winding up SFC.

Skacel wasn't picked against Burnley due the appearance fee.

The club have no assets and £6m debts, the assets you talk about + the lodge belong to SLH Ltd. So selling them won't help SFC Ltd unless the administrator handed over the money, which he wouldn't.

I have never seen a takeover that was in the public domain actually happen. Yes, I know there are some that were the subject of boardroom battles that were fought in public. Certainly not a company like ours. What normally happens is practically nothing, then all of a sudden it's a takeover and it isn't who you thought it was going to be.

I called in at Totton but you were dropping somebody off. How many sweets in the jar? I didn't have a clue.

Neither does Abu Dhabi/Dubai.

I did say 'events', really just waiting, it's usually Friday I understand,:cool:

I'd go for Harry Cripps and Skinner Normanton with Roy Lunnis as defensive coach.

I'm hoping it's a done deal and we can stand down. An understanding is in place to mount a rescue bid, I am in contact with Nick Illingsworth. In the present circumstances there is little we can do but monitor events.

The echo tonight reported that Tom Scott is not a bidder.

Minimum. Wouldn't you say that was enormous?

The clock didn't start at the kick off. It eventually started over a minute late.

I have been given a name by a non connected source, a business man who half owns a massive business, is a vip at all the big sporting events, has hired SMS for a customers kickabout, hired Upton Park last year for £18,000 for the same thing, hired the oval for cricket last summer. I digress, but the name is a household football name, not Souness. It is just something he had been told and when we were talking about bidders he said he thought this guy was buying it and named his backers, an enormous financial firm. If this is true then it would be fantastic. As my son and his daughter are going to give us both another grandchild in a couple of weeks time you will have to forgive me for naming neither. This is not cryptic ITK crap, if it doesn't come off it's one of those things. However of all the people except for the usual billionaires this would be MY no1 pick.