Clapham Saint

My worst ever was actually in the middle of the night. Woke both me and the Mrs up with a jolt and sting in the nostrels. I blamed it on the cat.

Are you sure? I'm fairly sure that I read (on here I think) something about "acquiring the assets of SLH". The assets including the shares of SFC Limited but not the shares of SLH itself which are an asset of the shareholders and not the company. Happy to be corrected but buying the shares of an insolvent company rather than the assets and then going through the hassle of de-listing would be a stupid way to go about the deal IMO. As a side note I expect the deal to be done before the end of the 21 days. If I were the administrator and the 21 days ran out, why allow them to extend? The deposit is non-refundable so why not look to keep the money and try to get some more out of one of the other parties who are apparently waiting in the wings?

What about the morning after a night on the beers? F**king horrible!! (well mine are anyway)

Just searched google images for a picture of him and found... http://shunews.shudoo.co.uk/index.php/2008/12/29/c-j-de-mooi-talks-to-shudoo-about-loving-ugg-boots/ http://img.thesun.co.uk/multimedia/archive/00337/CJ_from_Eggheads_337006a.jpg What a t*at

Fly in 43 hours.... 3 weeks Hong Kong Bangkok Chang Mai Siem Reap (Sp?) Koh Pangan :cool: Recommendations?

I was about to write a rant about how stupid this is but think I'll just leave it at.... :rolleyes: EDIT: The ban not your post obviously

Pretty much as above, however in administration it is fairly common for time pressure to be more... um... pressured. Also the administrator will be unwilling to but together anything as a 'bible' as he would then be seen to be seen to be giving credibility to the figures. They will allow full access but won't put their name to anything to confirm that it is accurate. Chang Mai.... Going to be there in a week!

Quite. Apparently he opened the doors on the wrong side of the train. Many many people on the tube stand leaning against the doors on the opposite side to the platform. If these were opened it is a miracle that nobody fell down the gap between the train and the wall onto the live track. To claim that this driver should be reinstated is total B*ll**it and Bob Crow knows it. He is a c**t who gets off on the confrontation and would be a lot less well off if he didn't orchestrate conflicts. As for the drivers. £35k-£42k 45 days holiday For what is a low skilled job. I'm willing to bet that is a better deal than many on this site get, and all for doing a job that is done efficiently by computers on the DLR (which has driverless trains). W*nkers the lot of them.

They don't need to de-list the plc to do the deal. They just sell the shares of SFC Limited (and the stadium company) to a new holding company. That said these things do take time. My money is on the deal going through on day 21 or 20 at best.

That was my first thought too...

Wish I could use the words only and £100k in the same sentence...

At least he was doing something constructive. I have no idea what he was out trying to promote but although coming accross as a bit of a baffoon, at least he was out trying to promote a cause.

Maybe be could paraglide behind his yacht as it comes into the docks, detach and glide in a low arc accross the city before landing on the pitch?

Seen in the skies above st Mary's?

Why is it that people expect a new owner to show up by yacht? might be expensive but is hardly the most expedient mode of transport for somebody on a business trip...

http://news.bbc.co.uk/sport1/hi/football/teams/s/southampton/3407225.stm ?

Unfortunately I think you're trying to read too much into it mate (although it is nice to have some positive thoughts on here for a change). If (and that's IF) the two bids were identical for creditors chances are that Fry will have gone for the one that could stump up the cash quickest. Cash from a bidder not as good for the club now is better than the promise of cash at a later date from a better bidder. That said, being willing and able to pay the deposit quickly could be taken as an indication that Pinnicle have better funding in place and therefore are likely to be better for the club. I really don't think we can make a proper assessment until a deal is done and we can find out who is behind it. (Or maybe I should just shut up and stop spoiling the positive vibe)

You have got to be kidding!

:cool:

Tory? ;-)

Just guessing?

Shh! Its on SWF so it must be true. FACT

Lol. Not really. Normally you don't go around announcing deals until they are actually done. When an administrator is trying to sell a business he often can't give a potential purchaser all of the information that they would like. Often simply becuase he has only been in control for a short period and so doesn't have it. This often brings an element of uncertainty into the equation which complicates negotiations (for both sides). To be fair though deals from administration are usually completed quicker than those in normal circumstances. If this wasn't an administration situation doing at deal from first contact to completion in just 8 weeks would be pretty good going.

Can't remember the exact wording as to whether it has to be sent or received within the 8 weeks... Either way I tend to think of leaving these things to the last possible moment without good reason (and I'm not saying there isn't one) is a bit poor form.

He won't be on fixed fee. He can be on "time costs properly incurred" or as a % of realisations (i.e. the amount of money received for the assets) but not a combination or the two. There is just no way his fees are that much. How long is it that we've been in admin now? Shareholders and creditors should receive a copy of the administrator's proposals within 8 weeks. EDIT: For clarity... the proposals should include the basis of his remuneration.