Junior Mullet
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Everything posted by Junior Mullet
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League deduct 10 Points - Will apply in L1 Next Season
Junior Mullet replied to Danny's topic in The Saints
Incredible. Lowe couldn't even get the avoidance on this right. What sheer and utter incompetance. Presumably we will appeal if we find a buyer in time to make an appeal. The one glimmer of hope is that all bidders effectively know where the club stands and can put up or shut up. -
I don't recall anyone saying admin would be a cakewalk. People like myself were saying it was a necessary evil and that we would have to endure short-term pain for long-term gain. I'm afraid your analogy simply isnt correct. Lowe and cronies were not genuinely interested in selling their shares for a realistic price and thus we could not attract investment. We had to rid Lowe and cronies and we had to rid ourselves of the PLC structure in order to attract investment and present a sensible business model for running a football club in this day and age. We would not have gotten rid of those two things without admin. It was indeed the necessary evil and Barclays knew that well and were prepared to make us resort to that once they had lost faith in Rupert and his business plan. I expect you and I are both frustrrated by the present situation and would like things to move on quickly but that is unrealistic. These things will take time. I will of course be wrong and will admit that if the club is not bought and we are wond up. I pray to god that doesnt happen, as I'm sure you do too. The only difference between us now Nick is that I am optimistic whereas you are perhaps more sceptical or impatient. Onwards and up.
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I'm one of them right here Nick. I still maintain that admin was the best way to rid the club of it's daft PLC holding company and the likes of Lowe. In time this will prove to be a major turning point in the fortune of SFC. It will take time. Nick, you are few years' too premature with your "I told you so" type comments. I would take this every time over watching the club slowly die under Lowe and cronies' incompetance.
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The club's buyers will have to pay for that. Presumably from sale of season tickets and from their own funds.
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Football Manager 2009 - Southampton Save Game Thread
Junior Mullet replied to Matthew Le God's topic in Computer Games
Enjoying my third season in the Championship with Eastleigh whilst we build a new 18,500 seater stadium in time for next season. Whilst in the BSS look for players from the Welsh leagues. When in the BSP and Div 2 look for players from the irish leagues such as Bohemians. Div 1 and Championship look for quality players from national teams' U.19/U.21 squads and from the trial days. Francis Laurent (french forward) and Danny Wright (Forward/AM)(S****horpe?) are must buys/loans for Eastleigh along with Steve Elliott (RB/DC from Lewes??). The thing that pis$es me off however is that any time a decent bid comes in the Chairman takes matters into his own hands and sells. I now go to the player transfer centre and put a very high asking price which means that clubs tend to offer that price. I also offer players to clubs at a higher price than the one accepted by Chairman to at least recoup a little more revenue, which seems to work about 75% of the time. Hopefully I can build a squad to challenge for promotion once the new stadium is built. -
I was ridiculed for saying this on another thread early last week, now this is generally accepted and actually appears on the OS article about the Legends event last week. I would go as far as suggesting that if we are relegated next weekend after the Burnley game it will speed things up quite considerably. I would also expect some of the potential buyers to fall away to leave serious bidders.
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....with Rupert's face on it. Seriously, the thought of Rupert gaining the whole club from administrators after fans have party with hard-earned money to keep the club running would be just sickening. BTW, I dont think this will happen but as we all know it is possible.
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Sorry Oz, I feel your emotion but a lot of what you say is, I believe, factually incorrect. I'm not going into detail to say what exactly as one couold argue against most of it. I would agree however with the bit about having sunk so lowe (but I'm sure we are going to see our club rise once again sooner and be stronger once we are taken over). I would also agree that we were sold down the river as a result of the reverse takeover.
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Nope, rules are rules. You can't just go around docking points and making up rules and breaking rules because you feel someone deserves it. The PLC is in administration and therefore it would be wholly improper to favour one creditor over another by paying the £50,000 to Bournemouth. Bournemouth will get their money in the end.
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Relax Alpine, these things don't happen over night unless it is done by way of pre-pack, which is not the case here. The Administrators are busy making sure they get the best deal possible. Bidders may be waiting to see our final league position before making an offer. Bidders are also busy gathering finance. All of this takes time. Expect to see major developments within a month of the last game of the season. Until then relax and enjoy the fact that Lowe and his muppets have walked away with nothing but egg on their faces.
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what are potential buyers being asked to buy?
Junior Mullet replied to lordswoodsaints's topic in The Saints
I would not normally have expected the council to want to get involved but with strong rumours that Aviva would be prepared to accept a lot less for the stadium than they are owed it would be a good investment for the council. It would also be a good investment for anyone else buying the club which is why I don't think the council will buy it. I suspect the administrator would prefer to see the stadium go to the new owner unless somehow there was a way that he could get more cash in by selling to the council (unlikley I think). I suspect also that any new owner would want the stadium as part of the overall deal. -
Our City is Beautiful, Our Parks are amazing..
Junior Mullet replied to 1976_Child's topic in The Lounge
Yup the parks are nice but I still prefer Southampton Common at around 3.00am in Summer -
Lallana got into the spirit of Save Our Saints by charging £5 for a reach-around
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The pleasure on the Palace star's face was there for all to see as Rudi broke in his new strapon
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It is a good thing. We were facing relegation regardless of the administration situation. Don't think that's changed things on the pitch. So glad that we've finally got rid of the PLC structure and the main owners. Looking forward to the fresh start and the hope and optimism we can truly all gleen from that. Any hope whilst under Lowe was tempered by the fact that things were never going to be good enough and that the club would always perform within itself. I'm not sure when the good days will return but I believe they will come back sooner than they ever would under the Lowe/PLC structure. GM, I'm not sure many people are enjoying things the way they are here and now, but this is a transitional phase. I am excited by what the future may bring.
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Too many consortiums for Mr Fry (and us)?
Junior Mullet replied to Fitzhugh Fella's topic in The Saints
Reserve judgement mate. You'd be happy plodding along would you? huh -
Right colour tie anyway
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Were you not aware of the Sales Agent Regulations then and their right to an indemnity/commission on termination? Tut tut for not taking legal advice in the first place. Prevention is so much better and cheaper than finding a cure. I hate to say it but for a grand or two you could have avoided this.
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It should not slow the process down at all. The process is actually fairly simple. The onus really is down to the bidders to due their due diligence and put a bid on the table with evidence that it is substantiated. If they don't do it in time they lose out. Simples. I can't see any problem with us getting this done within the requisite timescale, whatever that may be.
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He blames Crouch and the others who ousted him and their management of the club in the 2 years he was away. I thank Crouch and the others who ousted him for their mismanagement of the club in the 2 years he was away. History will show in years to come that the administration with the expected winding up of the plc was one of the club's best moments. I couldn't care less whether Lowe and others lose money as a result.
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You cant go around making up the rules after the event mate, there would be chaos. Trying telling any business that they should be penalised, pay tax, undo a deal because whilst they had had regard to the law and didnt infringe it they are morally wrong. ******. The FL should remove this loophole once Saints have been let off if they are really that bothered. Rules are rules - we should all have certainty that if we abide by them we will be fine. The PLC and the club Ltd co are two entirely separate people. It's the same as Gaydamack going bankrupt - that it quite different to Pompey fc going into administration. It astonishes me that people simply cant get to grips with this after all this time.
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I think the rules are based on going into administration rather than on insolvency. By the way we are insolvent on the basis that as soon as Barclays called time we were no longer able to repay our debts as they fell due.
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We will get away without getting a points deduction and the FL will vow to fill the loophole to stop similar cases happening in the future. Wishful thinking but I would like to think they would not be so arbitrary as to make the rules up after the event. It would go against basic principles of justice. Decision by 3.00pm. Watford 2 - 1 Saints. Flippin Darius Henderson will see to that if he plays.
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So the FA should set new rules to stop this happening in future. They should not make up new rules after the event purely out of perceived 'fairness'. This is a basic rule of law that we should be proud of in this country. Any penalty will be strongly contested by saints I'm sure. [FWIW and IMHO we will be relegated regardless of any points deduction this year and frankly who cares about next year - we're not going to be in a position to push for promotion from Div 1 anyway - too much work to be done. The team were so disappointing on Saturday - they never rose to the occassion.]
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Sort term pain for long term gain Benjii. The plc structure would have seen us fall lower in the longer term. These are exciting times.
