Guided Missile

Dear Fans, I would just like to break off momentarily from the important and in depth meeting I am attending, in order to update you and the staff at St. Marys Stadium, on the latest position reached regarding the ongoing negotiations with the Football League. Myself and the principle behind the deal, Michael Fialka, have been sat beside his parents fax machine and have to say that apart from two excellent offers on mobile phones and one tempting leasing deal for a new Renault Kangoo, there has been no contact from Dr. Malwhinney. We would like to work closely with the League, but it is apparent that they, in their wisdom, have declined to allow us to reserve the right to sue their arses in court, thus incurring unspecified legal fees on their behalf, should our deal to buy Southampton Football Club go ahead. To say that we are deeply upset by this development is an understatement and we are reserving our position. A new and unforeseen legal issue has suddenly occured, which has now meant that we may, regretfully, have to delay our purchase still further. The Daily Echo has published several totally unfounded and untrue stories regarding the background of the man who is the source of the funding, that well known and incredibly rich, former professional footballer, Michael Fialka. Until such time as the Echo retracts these baseless allegations, his mother has said that he is not allowed to pay the wage bill of the club and how could a newspaper treat a nice Jewish boy so badly? I will be taking legal advice on the possibility of a libel action. I am sure you will agree that it is vital for the club to protect it's future owner from such attacks and understand that the reasons we are doing this is in the best long term interests of Southampton Football Club. I hope you will be able to continue to support our bid and the attack we are proposing against the freedom of the press, (apart from Soccer Saturday, obviously) Best Wishes for a good weekend and remember to spend time with your family and if you can, give something to charity. I know I do... Tony Lynam

It has to be. The lawyers for SLH/Administrator will, under Law Society guidelines, only allow one contract to be out with one party at a time, IMHO...

Profession? Fry has poured petrol on the fire the moment he let Lynam past reception...

Worth asking whether Begbies Traynor are willing to work for one week without pay....

If it's less than £150K, I'd be amazed. It would be worth asking Clapham Saint for his opinion. He thinks that Administrators are, in general, wonderfully professional and worth every penny....I happen to think they're more akin to a cross between a vampire and a scrap metal merchant...

A small extract from the Misrepresentation Act - 1967, for those that are interested: 2. Damages for misrepresentation. — (1) Where a person has entered into a contract after a misrepresentation has been made to him by another party thereto and as a result thereof he has suffered loss, then, if the person making the misrepresentation would be liable to damages in respect thereof had the misrepresentation been made fraudulently, that person shall be so liable notwithstanding that the misrepresentation was not made fraudulently, unless he proves that he had reasonable ground to believe and did believe up to the time the contract was made the facts represented were true. Problem is, when a person/company is potless, the phrase "blood out of a stone" comes to mind....

...if I was Crouch I'd be calling in the fraud squad....

I hope the mods don't mind, but f*** you Alpine....

He lives with his f***ing Mum and Dad in a semi-detached house in Barnet, FFS and he's 33 years old.

Billing Barclays....

According to Companies House, he's not a Director, but don't let the facts alter what is a perfectly good argument, Spenc.... (PS. The Directors of NW8 Holdings Limited are Leon Faust and Tirza Faust. (I guess that's his Mum and Dad). To buy the £38M St. Johns Wood property, for which this holding company was set up, they obtained a mortgage from Dekabank Deutsche Girozentrale) Now apologise before I call Watchdog...

Is he f***...

Send a pm to Master Bates. I'm too depressed to type any more....

NW8 Holdings Limited is a totally different company to NW8 Limited, you muppet... NW8 Holdings Limited was incorporated on the 4th February, 2009 with not a Michael Fialka or his brother in sight...the Director is Leon Faust and the owner a Jersey property investment company, totally unrelated to our clown...

....but I think we witnessed one tonight. The death of the Pinnacle bid, I mean. I am not even going to bother to post the information I gained, while wasting £2 on Companies House, nor the address of the Semi-detached house in Barnet, in which our moneyman lives. Suffice it to say that, for the money that Mark Fry is charging, he could have afforded the £2 and saved everyone attached to the club a small fortune. All that is left is to wonder in which manner Tony Lynam is going to be ridden out of town. I must admit, I am totally against lynch mobs, but I must admit, I'm tempted to take a pitchfork and a short drive to Locks Heath. What a total, bullsh! tting, fantasist who has ruined a legends' reputation...

If "character assasination" is labelling Tony Lynam as an Irish Liverpool supporter, then I suggest he develops a thicker skin. He'll need it if he takes over at Southampton... The rest of what you say is not worth commenting on, because it's a poor attempt at "character assasination", doesn't bother me and I'm sure won't affect our friendship...

Robert Steel is a co-director of Pinnacle Asset Management Limited, together with Tony Lynam. I would call Pinnacle Asset Management Limited a small to medium enterprise, due to the fact that it had, as of 30th June, 2008, total net assets of £4. This was obviously before the Pinnacle Group, of which it is the oldest part, paid a deposit of £500K for the purchase of the assets of Southampton Football Club...

This is what Fry said: "In order to enter into the exclusivity agreement, the Consortium has paid a non-refundable, undisclosed fee, and as a result the Club is now in a position to pay its staff wages in full for the month of May." It's worth reading again....this time without moving your lips, Nick...

Thanks for the advice, Neil, but I think it may be worth providing you with some. I'm sure that shortly after Tony Lynam presented you with a cheque for the charity you raise funds for, you believed him when he said that the Pinnacle Group of companies, through which he has managed to build a net asset position of £6, paid Fry over £500K as a non-refundable deposit. You also ignored reports on Radio Solent that Crouch actually paid the deposit and have obviously not asked your mate whether this is true. Why would either of you bother with details like that? You're a Pompey fan and he's a Liverpool fan... Pinnacle paying well over £500K as a non-returnable deposit is looking like it's up there with "The cheques in the post" and "I promise I won't come in your mouth"....

Yeah...it's about £15M...

This is another one of the problems I am having with this deal. IF it is Pinnacle doing the deal and some mug has provided this company with £15M to spunk on Southampton Football Club, then Tony Lynam can sign the contract on behalf of Pinnacle to purchase the assets, as he is a director of said company. I say this, because we all know that Pinnacle is worth about 5 bob and is in no position to commit to a sizeable asset purchase without outside help. But this is not going to happen, is it? Any sane investor would ensure that it is his signature on the contract or if not, he ends up owning the assets, in the form of a holding company or something like it (Newco). Now, if Lynam has become a director of Newco, he won't be signing on behalf of Pinnacle or himself. Of course, he could be signing as an agent of Newco, but, why? What is likely to happen, IF this circus is for real, is for the money man to sign the asset purchase agreement, pat Tony Lynam on the head and make him Director of Pencil Sharpening at St. Marys and then enter the stadium in a blaze of glory. It's what rich people who buy football clubs do...

Monkey screeching...need organ grinder....

That's right, carlin, I'm a clueless troll.... To be fair to Tony Lynam, he could be on the verge of arranging a transfer of £15M on behalf of his client as soon as the Football League let us have our football back. On the other hand, if it all turns out to be a kite flying exercise by an Irish born, Liverpool supporter to make a 5% commission to pay off his Property Company's significant debts, and his time wasting punt causes our club to go to the wall, I wonder whether any of the gormless cheerleaders on this site will still be shaking their pom-poms....? Let's all hope that I'm a clueless troll, shall we?

I know a f*** sight more than you or any of the other posters believe and have done for a long time. I hope I'm wrong, but something just doesn't add up about Pinnacle. For a deal dreamt up in the Lock, Stock and Barrel, with a Mr. Andy H. supplying the link to MLT, I'm amazed that it has got as far as it has. I know a few millionaires and a couple of billionaires, but not one hangs around in said pub, nor lives in Locks Heath, no disrespect to Locks Heath. Mind you, if you run a flag up a very high flagpole you are bound to get one or two standing to attention, even if they may be total dreamers as well...

Oh Christ, Ron, don't tell me it's Dan Williams from Ringoes, New Jersey. That would explain everything. If he is the "moneyman" behind the deal, we're f***ed. No wonder he is keeping his name out of the deal. He's a bigger clown than Jackson...