Jump to content

Tony's update early hours Tuesday morning


NickG

Recommended Posts

Dear All forum users, and fans alike

 

It's now the early hours of Tuesday morning, and before we sign off for the night, I thought you might appreciate some clarity, though appreciate that most of the fans who use this medium might not read this until tomorrow (by which time, this could well have been superseded).

 

Clearly the Football Leagues position as announced this evening is of disappointment. However, discussions are on-going seeking to resolve this as quickly as possible. The League have a duty and responsibility for all of its members, so they have a different opinion to my own concerning certain aspects of our license (I only care about Southampton Football Club, whilst respecting other members in the right manner). The Administrators have made their position clear in their statement this evening, and it is pleasing to see that their views (which are totally independent to our own) are along the same lines as ours.

 

I am still awaiting information from the League concerning their position and I should hope to have this without delay. This is not something I (nor my colleagues) can influence – rather one of those things which will happen as part of a normal process.

 

We are not at loggerheads with the League. I have made this clear via other mediums this evening - we are working together for an acceptable solution to an issue, so please treat the League with the respect that they deserve. I spoke with 3 officials from the League today and whilst the content of those discussions will always remain confidential, I can assure you that the League are working hard to find an acceptable solution to this issue. Finger pointing and blame culture isn't going to resolve this. Rationale thinking and adult debate will, and common sense, law and the rule book will ensure a mutually agreeable outcome.

 

I can only imagine too well how deeply frustrating this is for all of you - none more so than myself, but we remain totally committed and confident that our takeover will be concluded shortly, thus enabling us to get on with the important challenge ahead, putting Southampton Football Club back on the map for the right reasons. Please also spare a thought for all the staff at the Club who are working in difficult circumstances – they are top of our list of priorities, and so they should be.

 

Thank you for your continued support, and I truly hope that these final hurdles will be out of the way without further delay.

 

With kind regards

Tony

Link to comment
Share on other sites

Dear All forum users, and fans alike

 

It's now the early hours of Tuesday morning, and before we sign off for the night, I thought you might appreciate some clarity, though appreciate that most of the fans who use this medium might not read this until tomorrow (by which time, this could well have been superseded).

 

Clearly the Football Leagues position as announced this evening is of disappointment. However, discussions are on-going seeking to resolve this as quickly as possible. The League have a duty and responsibility for all of its members, so they have a different opinion to my own concerning certain aspects of our license (I only care about Southampton Football Club, whilst respecting other members in the right manner). The Administrators have made their position clear in their statement this evening, and it is pleasing to see that their views (which are totally independent to our own) are along the same lines as ours.

 

I am still awaiting information from the League concerning their position and I should hope to have this without delay. This is not something I (nor my colleagues) can influence – rather one of those things which will happen as part of a normal process.

 

We are not at loggerheads with the League. I have made this clear via other mediums this evening - we are working together for an acceptable solution to an issue, so please treat the League with the respect that they deserve. I spoke with 3 officials from the League today and whilst the content of those discussions will always remain confidential, I can assure you that the League are working hard to find an acceptable solution to this issue. Finger pointing and blame culture isn't going to resolve this. Rationale thinking and adult debate will, and common sense, law and the rule book will ensure a mutually agreeable outcome.

 

I can only imagine too well how deeply frustrating this is for all of you - none more so than myself, but we remain totally committed and confident that our takeover will be concluded shortly, thus enabling us to get on with the important challenge ahead, putting Southampton Football Club back on the map for the right reasons. Please also spare a thought for all the staff at the Club who are working in difficult circumstances – they are top of our list of priorities, and so they should be.

 

Thank you for your continued support, and I truly hope that these final hurdles will be out of the way without further delay.

 

With kind regards

Tony

 

well what more can the man say?

Link to comment
Share on other sites

The FL in their statement made their position very clear, so it is strange that TL says they are working to find an agreement with them. How anyone can be denied a right to appeal is beyond me and for that the FL are too blame.

 

I am now getting tired of all of this too-ing and fro-ing and just want it sorted, where i appreciate the up-dates (it is so refreshing that the fans are actually thought of for a change) they do tend to give us hope only to see it taken away. I cant wait until the ink is dry on the takeover papers, whenever that will be, cant see the FL hurrying themselves can you?

Link to comment
Share on other sites

when and who would be a start

 

To be fair when it will happen is obviously the main question. However, I dont understand why they should say who it is behind it until it is complete. Why should they?

Link to comment
Share on other sites

Tony Lynham is on radio solent at 820am. Can anyone answer me this? Are pinnacle now on a par with other groups or are they still given some exlcusivity after recent events? Could this be completed today as I am a wimbledon again and cant take another day of this.

Link to comment
Share on other sites

Time tickey though doesn't it? every day spent farting about with legal minutiae is a day less spent with the new manager and his players in preparation for the coming season, a season which, there is no doubt we will start with -10 points; I simply cannot see a situation in which the league would ever climb down on that, and spending time endlessly wrangling about the right to appeal ( whether we feel we have a case or not ) is helping noone.

 

Take the Saints solution which is - get on with it regardless and then spend years whinging about it

Link to comment
Share on other sites

Originally posted at about 01.10 this morning on another thread. Why do people keep making

new threads with info already posted ?

 

Because there are about 1.6billion threads saying nothing. When something substantive is posted it is useful to pull it out so it can be seen.

Link to comment
Share on other sites

Are pinnacle now on a par with other groups or are they still given some exlcusivity after recent events? Could this be completed today as I am a wimbledon again and cant take another day of this.

 

1 - On a par. Fry's interest is getting us sold. The exclusivity is over and he is talking with other parties. Pinnacle are still in prime position with the progress they've made thus far I would assume. And the other parties Fry is talking to could be imaginary of course, except the Photocopy chap who seems all too real.

 

2 - Any day is a possible day, so yes but..

 

Enjoy your day :smt039

Link to comment
Share on other sites

Lynam on Solent now,appeal may be still on,if the decision was a concrete one why can't we appeal,league raised this issue 2 days ago.

They initially said we can appeal.

The rules are not exhaustive enough to uphold the decision.

Will takeover the club.

Was awaiting a response from league ref a question raised by Pinnacle,that did not arrive last night as promised,TL will be contacting them straightaway this morning.

They paid more than half a million pounds for exclusivity.

They have past "completion" using buying a house analogy.but an amendment to the contract has to be made.

 

Apologies if a bit sparse but tryiny to listen also.

Link to comment
Share on other sites

Lynam on Solent now,appeal may be still on,if the decision was a concrete one why can't we appeal,league raised this issue 2 days ago.

They initially said we can appeal.

The rules are not exhaustive enough to uphold the decision.

Will takeover the club.

Was awaiting a response from league ref a question raised by Pinnacle,that did not arrive last night as promised,TL will be contacting them straightaway this morning.

They paid more than half a million pounds for exclusivity.

They have past "completion" using buying a house analogy.but an amendment to the contract has to be made.

 

Apologies if a bit sparse but tryiny to listen also.

 

I think he means 'exchange'....

 

Completion means you are sat with your feet on the sofa drinking your cup of tea.

Link to comment
Share on other sites

Lynam on Solent now,appeal may be still on,if the decision was a concrete one why can't we appeal,league raised this issue 2 days ago.

They initially said we can appeal.

The rules are not exhaustive enough to uphold the decision.

Will takeover the club.

Was awaiting a response from league ref a question raised by Pinnacle,that did not arrive last night as promised,TL will be contacting them straightaway this morning.

They paid more than half a million pounds for exclusivity.

They have past "completion" using buying a house analogy.but an amendment to the contract has to be made.

 

Apologies if a bit sparse but tryiny to listen also.

 

Also deposit was more than 500.000 and wouldn't have been paid if there was any chance of losing it,

very confident that it would go ahead, they are in the driving seat

not bothered about the reappearance of swiss or jackson

Link to comment
Share on other sites

Lynhams analogy with a house purchase was interesting. Why would you pay the deposit on the club without the intention of completing!. Also interesting that more than £1/2m was paid as the Ajax game had to be paid for. He says Pinnacle remain in the driving seat

Link to comment
Share on other sites

.

They have past "completion" using buying a house analogy.but an amendment to the contract has to be made.

Apologies if a bit sparse but tryiny to listen also.

 

That bit tacked on the end could of course be critical.

 

I hope it is something minor,but on the other hand it could be something more fundamental ie restructuring the payments etc which may not be acceptable the the creditors.

Link to comment
Share on other sites

Did he give any impression whatsoever that completion was likley or possible within th enext 24 hours?!!! as currently the team has no leadership or direction ahead of what is a vital season

 

It was certainly the impression that I got.

Link to comment
Share on other sites

Did he give any impression whatsoever that completion was likley or possible within th enext 24 hours?!!! as currently the team has no leadership or direction ahead of what is a vital season

 

The impression he gave me was that it could be complete this morning if he gets his answers from the FL.

Sounds like a done deal to me .Happy days are (nearly) here again.

Link to comment
Share on other sites

when and who would be a start

 

Why should he?

 

I'm not being funny but it wasn't so long ago you were nudging and winking on here. The boots on the other foot now and you're just like the rest of us and you don't like it. Diddums - get used to it.

 

Thanks for the updates Tony and perhaps stop reading this site for a few days.

Link to comment
Share on other sites

Pedantry alert...

 

It's 'licence' (noun) rather than 'license' (verb)....unless you happen to be American.

 

But that aside, cheers to Tony for the update.

 

Been driving me nuts too. The media, Lynam ,most posters on here, all keep getting it wrong.

 

But more seriously why in god's name didn't the prats on Solent ask him when he now expected to complete? Given the FL's stance, either pinnnacle back out which he says they won't or they can complete pretty much immediately. So when ?

 

K.

Link to comment
Share on other sites

If Pinnacle are still bankrolling the Club's activities, there isn't quite the pressing rush to complete as it seemed a few days ago. Obviously it would be handy to get the new manager in as soon as possible, but the staff getting paid on Thursday is the most important thing for me at the moment.

Link to comment
Share on other sites

TL is right. There is no need to demonise the league.

 

"Demonise"....no, probably too emotive....but "seriously question"....yes....3 weeks ago Malwhinny (

 

Why am I yet to see Malwhinny interviewed on TV asking him to explain this dichotemy?

Link to comment
Share on other sites

If Pinnacle are still bankrolling the Club's activities, there isn't quite the pressing rush to complete as it seemed a few days ago. Obviously it would be handy to get the new manager in as soon as possible, but the staff getting paid on Thursday is the most important thing for me at the moment.

 

The fact that Kelvin took training yesterday worries me greatly and to me shows a very pressing need to quickly resolve this and get back to the football. We need the manager in stat to start training and organisingthe team and identifying signings etc

 

with -10 we will need to pull out all the stops if we are to be in with any sort of shout of going up this season.

Link to comment
Share on other sites

I have come to the conclusion that Mr Lynam, just like Marc Jackson, is a fantasist. I am coming round to the idea of Jackson taking over the club rather than Pinnacle as at least he has been doing the Walter Mitty routine for a bit longer than Leprechuan Lynham so must be better at it.

 

With every further titbit posted on here Tony is slowly but surely turning into Mikey Wilde. I would imagine he is furtively putting together his manifesto which he hopes will distract all and sundry from noticing that Pinnacle aint got pot to pi ss in.

Link to comment
Share on other sites

TL is being polite to the FL and encouraging politeness - one reason being that to stir them up into animosity would simply add to the difficulties not reduce them. The fact remains that the FL are trying to blackmail the new owners into agreeing that one of the FL's own rules - the right to appeal a disputed decision of the FL to the FA - should not apply in this instance. (Remember the blackmail applies not just to Pinnacle but to any potential buyer)

 

However, there is another issue - that of morality and fairness. The fact is that Saints were relegated fairly and squarely and that the club now expects to compete from a stronger financial position with its past debts removed by the administration of SLH. To have a points penalty as a balance against SFC's new financial strength could be seen by the wider football community as entirely fair and reasonable.

 

So, what if Pinnacle accept the FL's blackmail and the points deduction? If the team is good enough for promotion, even with -10 points they would still be at least in a play-off position at the end of the season and if achieving that from a -10 start should have a strong chance of winning through. If they fail, then, its just one season, and in 2010 they start again but from a level playing field. Does it really matter whether the Div 1 episode is one year or two, if the new owners can genuinely build a team of CCC and subsequently Prem standard?

Edited by Professor
Link to comment
Share on other sites

TL is being polite to the FL and encouraging politeness - one reason being that to stir them up into animosity would simply add to the difficulties not reduce them. The fact remains that the FL are trying to blackmail the new owners into agreeing that one of the FL's own rules - the right to appeal a disputed decision of the FL to the FA - should not apply in this instance. (Remember the blackmail applies not just to Pinnacle but to any potential buyer)

 

However, there is another issue - that of morality and fairness. The fact is that Saints were relegated fairly and squarely and that the club now expects to compete from a stronger financial position with its past debts removed by the administration of SLH. To have a points penalty as a balance against SFC's new financial strength could be seen by the wider football community as entirely fair and reasonable.

 

So, what if Pinnacle accept the FL's blackmail and the points deduction? If the team is good enough for promotion, even with -10 points they would still be at least in a play-off position at the end of the season and if achieving that from a -10 start should have a strong chance of winning through. If they fail, then, its just one season, and in 2010 they start again but from a level playing field. Does it really matter whether the Div 1 episode is one year or two, if the new owners can genuinely build a team of CCC and subsequently Prem standard?

 

We don't know all the details of the deal but we do know creditors are getting some proportion of money owed so not all debt being removed.

 

The cost of not being promoted would be at least £2m (TV money and FA handout with the new deal for CCC clubs).

Link to comment
Share on other sites

I have come to the conclusion that Mr Lynam, just like Marc Jackson, is a fantasist. I am coming round to the idea of Jackson taking over the club rather than Pinnacle as at least he has been doing the Walter Mitty routine for a bit longer than Leprechuan Lynham so must be better at it.

 

With every further titbit posted on here Tony is slowly but surely turning into Mikey Wilde. I would imagine he is furtively putting together his manifesto which he hopes will distract all and sundry from noticing that Pinnacle aint got pot to pi ss in.

 

 

And WE KNOW YOUR VIEW ON UNCLE RUPERT AND HIS FELLOW LAVENDER HILL MOB.:smt073

Link to comment
Share on other sites

TL is being polite to the FL and encouraging politeness - one reason being that to stir them up into animosity would simply add to the difficulties not reduce them. The fact remains that the FL are trying to blackmail the new owners into agreeing that one of the FL's own rules - the right to appeal a disputed decision of the FL to the FA - should not apply in this instance. (Remember the blackmail applies not just to Pinnacle but to any potential buyer)

 

However, there is another issue - that of morality and fairness. The fact is that Saints were relegated fairly and squarely and that the club now expects to compete from a stronger financial position with its past debts removed by the administration of SLH. To have a points penalty as a balance against SFC's new financial strength could be seen by the wider football community as entirely fair and reasonable.

 

So, what if Pinnacle accept the FL's blackmail and the points deduction? If the team is good enough for promotion, even with -10 points they would still be at least in a play-off position at the end of the season and if achieving that from a -10 start should have a strong chance of winning through. If they fail, then, its just one season, and in 2010 they start again but from a level playing field. Does it really matter whether the Div 1 episode is one year or two, if the new owners can genuinely build a team of CCC and subsequently Prem standard?

 

 

I would agree with you if I were certain that the process of signing the appeal wavier does not also infer some sort of "signed confession" by which we expose ourselves to the risk of further points being deducted regarding the CVA issue.

Link to comment
Share on other sites

TL is being polite to the FL and encouraging politeness - one reason being that to stir them up into animosity would simply add to the difficulties not reduce them. The fact remains that the FL are trying to blackmail the new owners into agreeing that one of the FL's own rules - the right to appeal a disputed decision of the FL to the FA - should not apply in this instance. (Remember the blackmail applies not just to Pinnacle but to any potential buyer)

 

However, there is another issue - that of morality and fairness. The fact is that Saints were relegated fairly and squarely and that the club now expects to compete from a stronger financial position with its past debts removed by the administration of SLH. To have a points penalty as a balance against SFC's new financial strength could be seen by the wider football community as entirely fair and reasonable.

 

So, what if Pinnacle accept the FL's blackmail and the points deduction? If the team is good enough for promotion, even with -10 points they would still be at least in a play-off position at the end of the season and if achieving that from a -10 start should have a strong chance of winning through. If they fail, then, its just one season, and in 2010 they start again but from a level playing field. Does it really matter whether the Div 1 episode is one year or two, if the new owners can genuinely build a team of CCC and subsequently Prem standard?

 

A good analysis IMO.

 

What I can't quite understand is the apparent contradiction in TL's public statements.

 

If I was trying to put pressure on the FL in the NEGOTIATIONS over the licence, why would I be publicly issuing a "We will buy the club come what may" type message.

 

How does this help Pinnacle's bargaining position with the FL? It doesn't.

 

If it is true that they will buy the club come what may, why doesn't Pinnacle just accept the position of the FL and buy the club?

 

Unless the delay suits Pinnacle for some reason.

Link to comment
Share on other sites

thanks for update TL. We have to put this to bed now, wages are due, players are back training. If we are going to get anything positive out of the new season we must get stability now, not next week.

 

Agree 100%, the risks of continuing to delay the purchase of the club appear now to far outweigh the risks of going ahead without resolution of the licence issues to the club's satisfaction. If that licence issue solely hinges on the right to appeal then to be honest the delay cannot be justified especially as an appeal has no guarantee of success. In fact dragging on with an appeal, post purchase, could be become a negative distraction and even more damaging in the long run if the club decided to take that route.

 

Last time I looked the forum users were 68% in favour of accepting the FL's punishment. If like me they feel that the club may have acted within the rules but not within the spirit of the rules and therefore the ruling seems fair, especially looking at from the perspective of all the other clubs, then why appeal and court unnecessary risk?. Also, I firmly believe if we start the new Pinnacle era today a 10 point penalty should not be that difficult to overcome but with every day that passes and the team seemingly cast adrift that confidence is eroded so perhaps we need that right to appeal if that is the sole sticking point.

 

It feels like Pinnacle are in danger of falling into a Catch 22 IMO.

Link to comment
Share on other sites

Not much, in all honesty.

 

But for the first time, I am beginning to doubt that this will go through.

 

I agree, at best confidence is diminishing and its not as though they are trying to secure something absolutely key to the club's ability to survive. i.e ground ownership or access to playing facilities.

 

Unless I have misunderstood the whole thing the purchase is allegedly being delayed on a point of principle with the FL. A rule that 68% of fans on here were happy to accept the punishmentfrom the FL, so why not PInnacle? 10 points is nothing as Leicester proved last year and Leeds made the play offs with an even bigger deficit.

 

Of course the delay can only diminish our chances of elminating that deficit which then makes the negotiations with the FL critical. Are we moving into Catch 22 territory?

Link to comment
Share on other sites

Create an account or sign in to comment

You need to be a member in order to leave a comment

Create an account

Sign up for a new account in our community. It's easy!

Register a new account

Sign in

Already have an account? Sign in here.

Sign In Now
×
×
  • Create New...