derry

Well that's just buggered that appeal, she ought to read the papers, see how MPs are viewed and leave the real people to get on with their lives. Last year she was slating the police for shooting two armed robbers one with a loaded gun stuck in the face of a security guard. Anything to jump on the bandwagon for a bit of free publicity. If she makes the mistake of talking to me she will get a right flea in her ear. No politics, no politicians.

The football club was in administration wasn't it? not just the Plc. We aren't it's only the Plc in administration. If the creditors come to a deal with the administrators and new owners and the debts are settled and we come out of administration, in the meantime the club stays out of administration there is no case anyway. Remember Ipswich settled their £32m mortgage with NU for £7m and nobody sued them. Slightly different I know but it's business, just like SFC completing the transfers of Walcott and Bale by taking less up front instead of waiting for the staged payments, it's just business.

A holding company won't make a blind bit of difference, it has to be a quoted public company.

That pretty much sums up what we are doing, to take money now without knowing exactly where this is going to go, would be stupid. If all the money had to be returned, only the bank, for security reasons could return the money whence it came and I presume that would be very costly and would have to come out of the sum collected. In that event there is no way I would agree access to the funds by anyone else for everybody's sake and peace of mind.

Luton won't be sueing the league, they have accepted the FIFA/FA/League rules that they are not allowed to sue. They can only use the prescribed rules of appeal. That is why SLH a public company had to be seperate from the football club company as it could sue the pants off anybody but the club can only appeal. Again, the club are not in administration, Luton FC were.

The Echo is launching our saveoursaints appeal to complement the sticky on here. At the moment the appeal is being put forward with the same basis, asking for contact details and a pledged sum, as a fall back position, or a backup in the event of a preferred bidder being outbid. Both the thread and the saveoursaints section will continue to run in tandem. Any feedback would be appreciated on the existing sticky. Just remember we are just doing our best to do something rather than talk about it. We really have no control or even know exactly what the echo are putting out tomorrow although they have told us they are being very supportive and positive. We have been told that it will be both on the front page and inside pages. This is really to ensure that there is a structure in place with the public aware with the support of the media, that in the event of no acceptable bid we are in a position to be able to mount a rescue without delay.

Luton were not a public company. The holding company was just another limited company that owned a football club. A public company is a completely different thing and the league know it.

As Fry said he is working closely with the independent directors. The real point is where do any short term contributions go, to the solvent football club to try and keep it from administration.

I think there is a contribution, a receipt, and the money goes into the FC's pot and accounts. No guarantees, firewalls just monetary gestures. I'm more in favour of a cure rather than a crutch. Not my cup of tea but I take my hat off to them.

It's the independent directors of the still solvent subsidiary company and the bank. ( K.Toynton & D.Jones)

very good corner for the first goal.

SLH. Can't be used for much else due covenant. Would have to be bought out from BG.

Bloody good rumour, just like the halcyon days of 2007, is it this fri or next?:cool:

The contributions are going to the football club not the plc.

As long as the club stays out of administration and they are the only body subservient to league rules, the league have a problem. If the league impose a penalty on a club not in administration it will do one of two things, relegation this season or a deficit next season. Either way there would be a financial impact on the plc, the owners. If the league try the interpretation gambit, thats ok, provided only the club is involved and appeals through the league's laid down procedure. In that event the wild card would be the administrator/plc/new owners who provided it was not the club, would be able to sue the league, who wouldn't wear that. This enquiry is a politician, Mawhinny, looking for a way out, from a 'too difficult for me to deal with' problem. There is just no way they don't know whether their rules apply right now. For what it's worth just my view.

Cuckoo, cuckoo:) They are dealing with the administration of a public company and will get the pants sued off them if they get it wrong and they know it. Ever since this kicked off on 1st April, they having taken legal advice and dissected their rules are looking for a way out. Or probably hoping that the relationship between the plc and the club reveals some straw which they can clutch to give them an out.

Thanks, don't you have a strike to organise? Another arrogant little **** that needs taking down a peg.

He is sending a message to the league who despite what is being said, having taken legal advice, already know the result. They have convened a legal enquiry to confirm what they already know, but want somebody else to break the news and not have to take the flack from all and sundry if they announce their decision. I fully expect an announcement together with a lot of handwringing and statements along the lines of closing loopholes.

Needs to play close to Euell and vice versa, they are often 50 yds apart, strikers need support, split and they are picked off.

Would you pm me your contact details in confidence, in case we need advice on this issue?

I think the short term debts such as Cedar Press would be taken care of by the football club not in administration. I expect those sort of things have been taken care of. Duncan, if you really think that, then maybe a call to your contact, to make them aware that there is an initiative specifically to assist in that event. I obviously know who you are talking about and endorse their suitability from the limited information at my disposal. As a matter of interest it is anticipated £15m would buy SLH and it's assets and clear the debt.

I understand that British Gas put a covenant on the site restricting it's future use. If it was to be converted into development, BG would require a hefty premium to release the covenant.

The sort of leadership usually displayed by the first lemming over the cliff. The fatal flaw for Lowe was his blind arrogant presumption that he was expert in all things and he knew best. If he had only been a bit more normal, reasonable, and compatible, he would probably have been forgiven for the relegation. If he had been seen as a leader rather than a self appointed dictator supported by a self serving clique, we may well not had the traumatic boardroom battles of the last three years. There probably wouldn't have been any Wilde or Crouch which led to the executive fiasco. In the end the buck stops with the Lowe regime, how they behaved and the alienation of the masses. It is time to move on, as we surely will, and put the last few years behind us.

I understand where you are coming from, but filling the ground hypothetically on a something for nothing basis might turn more people off than the cost of playing a match of some sort. I think that may well remain hypothetical.