John D
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Everything posted by John D
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Only once we've agreed who gets which bit and whose bits are bigger than others and if some of the bits we've given to some should be split with someone else to make more bits and whether we need to add some pieces to the bits!!
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Nope - Aviva are predominately into the Insurance / Assurance market - not quite sure how they ended up with the securitisation deal For Int Fin Services company I read hedge fund
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The bit I don't get is how the hell did they manage to convince Fry and his "proof of funds" test. Was there a backer originally who pulled out - but as of Friday Fry was still claiming Pinnacle had the funds Apologies if this has been answered elsewhere but I can't find it!!
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Blow me down with a wooden spoon! - Ken Tointon
John D replied to Master Bates's topic in The Saints
Thanks. Does that mean ian beale is going to save us -
Blow me down with a wooden spoon! - Ken Tointon
John D replied to Master Bates's topic in The Saints
Who is ken tointon -
so what is his name then?
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so the money man is already involved in another club??? Who was the Birmingham City chap rumoured to be interested??
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I must know you then!! Big up the Northern Saints Keep the Faith
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Providing they do some form of recognition for those supporters who attend games through a database then I guess it will be ok - I'll be going to enough to qualify for the JP final anyway! Still seems strange decision as I reckon they still could have made some money by keeping memberships going
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I pretty disappointed too. As an exiled saint there is no point in getting a season ticket but I would happily pay for a membership to give me little bit of priority behind the season tickets and before the masses for the big games or small away allocations etc Matty Out!!!
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Could be legal title transfers at midnight ie deal is from 10th. Or more likely just attention seeking
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Perry Groves?
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Isn't he connected to aviva somehow. Wasn't ringo starr in their ad? And he is scouse
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So: Need offer sufficient enough to satisfy creditors to avoid liquidation and/or further points deductions. MJ fronted bid (whilst historically all mouth / no trousers) may be getting close to putting in offer acceptable to creditors. Salz group (still all mouth / no trousers) are trying to pick up club for less No-one knows who the money men are behind any of the groups (real groups and those invented in Saintsweb world) Its 4 days to Friday I go on holiday next weekend - this better be sorted by then
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Presumably they thought the £100k would continue to increase and become £200k and so on. Therefore they decided to draw a line in the sand knowing that £2m out of a £4m debt is better than £2.2m out of a £5m debt. (all numbers made up for illustrative purposes!) Question is - why couldn't we convince them we could continue to reduce the debt and not increase it?
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So how many bids is that in total 1,2 or 3? I'm lost
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Would you mind popping out now - would go and get one myself but a bit of a trek
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I think there is a regulation along the lines that the administrator is personally liable for any additional debts that are incurred after the club has entered administration. Therefore this will drive any deadlines because as soon as this happens he will liquidate the club to avoid any costs to himself John
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Forum Match at SMS - ticket info now on first post!
John D replied to stevegrant's topic in The Saints
What date is the game? -
but likewise there are no alternative 30k stadiums in Southampton. The new owners need the ground as much as Aviva need a buyer. Its a question of who blinks first isn't?
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To question the logic - If Wolves were 11 points clear of the 3rd place team but 5 points from 2nd and then went into administration would it apply this season or next? ie to apply it this season would see them fall 1 place. likewise if Stockport were 11 points clear of the team below them ie they would not fall a place then when would it apply
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Agreed - this is where the logic of the rule falls over. In effect Stockport are able to end up with no penalty. I do not think any club should be penalised and sympathise with Stockport just think we have been hard done by
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That made me spill my coffee - simple ones are the best
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I suspect any deal is going to involve an element of borrowed money - depends how much, who from and what the repayment structure is. Hopefully the benefit now is that no institution will lend to us based on on anything other than League 1 revenue streams therefore it should be serviceable and if we do go back up there will be an upside in terms of additional revenue.
