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Everything posted by benjii
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No.
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Money spent by fans in the interim between now and the end of the season will have absolutely no effect whatsoever on the long-term prospects of SFC. I find the rallying cries on the OS particualrly nauseating today. The fact is, that the current priorities are: 1) convincing the FA not to levy a penalty 2) finding a buyer for the business of SFC Injecting small amounts of cash into a failiing business in the interim is of no relevance at all. And before someone says, "we need to show a buyer how amazing everything is" - get real. Any serious buyer will not be considering our attendances for the next three matches in their equations. Anyone who isn't an idiot knows that SFC in the Champ, doing ok, means crowds between 20 and 30k depending on league position. SFC in the Prem means crowds of 30k+. They don't need an influx of flag wavers over the next three games to tell them that. In answer to the original question, I suspect there is a cash sweep in the loan facility. Ie. the bank can sweep cash from subsidiaries with a credit balance to service the long-term debt of the PLC. If SFC isn't involved in any way in the security structure relating to the stadium finance I would be shocked - however recent noises seem to suggest that the finance may indeed be provided on some sort of limited recourse model.
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Wilde and Lowe have just been escorted from the premises
benjii replied to exit2's topic in The Saints
Misses the point. It's not "their" club any more. For some people a club under the control of Lowe will never be "their" club again. The demise begins with Lowe, not the finances. Personally, I agree with St Landrew. Nothing to do with hatred. I just think the guy is useless at the job he's trying to do and has completely wrecked the club. Unless he changes his ways (unlikely), I would have no wish to support a club controlled by him. I make no apology for not being so conditioned as to be indubitably aligned to a club. Yes, true fans stick with a club through ups and downs, but if a club's character changes beyond all recognition from the entity that inspired loyalty in the first place then there need be no apology for setting it aside. Are AFC Wimbledon fans not true fans? Should they support MK Dons? Of course not. I also believe there is sod-all chance of Lowe being involved in SFC again so I'm not too worried. -
Wilde and Lowe have just been escorted from the premises
benjii replied to exit2's topic in The Saints
Our position of "the holding company is in admin not the club", whilst clearly technically true, does seem to be weakened somewhat in terms of the prospect of avoiding a points deduction in any case, by the entire boards of both, save for Continuity Jones, having apparently both quit on the same day as a direct result of the admin of the holding company. Avoid a 10 point penalty, my arse. -
You're a mentalist.
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You really are an ignorant person. I can't be arsed to explain why, it would be pointless.
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I hope to God any potential investor has the basic intelligence to realise that the club's potential attendances if doing ok in this division are circa 25,000+ and that in the Prem they would be 30,000 +, and not to give undue sway to the attendances of this season. If not, then they can sod off.
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I'm not sure what the exact struture of our debt is, but if the lenders didn't have something preventing the group from disposing of its main asset in the facility documents / Note conditions then they were astonishingly inept. Also, the transaction would subsequently be unwound by the liquidators of the PLC. It would be a hell of a mess.
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Get a bottle of Sangsom on your way through (assuming Oz will let yo bring it in). TBF - you'll probably get a harder time from Bruce customs plod than Mr Somnorathananapran.
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Really!! By getting 6 points from 7 games?! You did remember to give the other teams some points too, eh?
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Alps, I've highlighted the important bit for you. There, there.
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It was tongue in cheek.
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In the sense of, "I think Jan is doing an awful job and I think Pearson, who I rate, could do a better one". Not in the sense of, "I have found some comparative figures and will now assert that this proves something which has a large qualitative element".
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I imagine it's about £12 per credit card, something similar for a loan, plus interest ect, plus screwing up your relationship with the lender, plus potentially knackering your credit rating etc... Don't worry though, Crouchie's Lawyer will be on hand to help you challenge the charges!
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Please see above. I'm not trying to have a go, just interested because I find it hard to believe this is worth many people's time or £50. Incidentally, you also advise them to cease payments due whilst your "legal team" reviews the documents. I'd be interested to know what your average turnaround time is.
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Some of the text on that site is hilarious. If I was going to instruct someone to do some legal work for me I would want someone capable of stringing a coherent sentence together. Most local solicitors will have an initial interview with you for free. I would recommend investigating that if you have genuine legal concerns. It looks to me as though you are paying £450 for a non-lawyer to conduct a tick-box exercise on a loan agreement. If they find something naughty and if the lender refuses to come to some sort of settlement with you, only then does a qualified lawyer get involved. That's my reading of it anyway - is that right? Still waiting to hear which banks have committed fraud in relation to Consumer Credit Act claims as well.
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A mong at the footy? I cannae believe it.
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I'd say it's about 40% at the moment. However, for the last couple of months of Poortvliet's reign I would have had it at about 5%.
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Which banks have committed frauds in these cases?
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Genuine miracle IMO.
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I expect they spent the fee from these articles on a nice bag of egamame beans, some brown rice, a few handfulls of seeds and a glass of carrot juice.
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Alexsei Cherednik? Sergei Gotsmanov? Van Gobbel?
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I saw this, sort of. Clough was generally being a **** and the next thing a water bottle went hurtling in his direction from the direction of the Saints bench. He was already giving the 4th official loads of grief and shouting at the ball-boy before this happened. Seemed like a bit of a **** really. Mind you, I would do the same if I was a manager. Ergo, I may be a ****, I suppose, or maybe managers are ****s, or maybe people who aren't always ****s can act like a **** under pressure. Poll?
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I think it's only sensible to reserve judgment until the dawn of the season. Regardless of relegation or not, a board with the best interests of the football team at heart, a manager who inspires confidence and a not completely sheeeeiiiiite squad, would give me the impetus to go. Having said that, if we're in League One I'm certainly not going to pay upwards of £20 for a ticket.
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Having thought about it for a bit, I would pick Scott Hiley. If we can't track him down in time, then Paul Wotton. If Wotton is injured, a copy of his autobiography is the next best option.