Master Bates Posted 1 July, 2009 Share Posted 1 July, 2009 (edited) Todays Echo is a more positive read Potential foreign owners (not Swiss) in late night talks (worldwide financial services group). Last remains of due diligence being completed, lawyers finalising contracts. In the background, plans were being mapped out for their first days and weeks in charge so they can hit the ground running. The Swiss one is a one wealthy person industrialist. http://www.dailyecho.co.uk/sport/saints/news/4467677.Potential_foreign_owners_in_late_night_talks_with_creditors/ Edited 1 July, 2009 by Master Bates Link to comment Share on other sites More sharing options...
The Godfather Posted 1 July, 2009 Share Posted 1 July, 2009 Lets just hope it comes to fruition asap. Link to comment Share on other sites More sharing options...
Saint Richard of Woolston Posted 1 July, 2009 Share Posted 1 July, 2009 Fingers crossed. Shame it is the Echo reporting it which immediately casts doubt as to its validity. Link to comment Share on other sites More sharing options...
Master Bates Posted 1 July, 2009 Author Share Posted 1 July, 2009 Front page says "We can confirm 2 international based financial groups are racing to finalise their bids. And last night, as the Echo went to print, one of the groups was poised to possibly take control today". Link to comment Share on other sites More sharing options...
sussexsaint Posted 1 July, 2009 Share Posted 1 July, 2009 Oh good god not again, I 'm not sure how much more of this I can take. Link to comment Share on other sites More sharing options...
The Godfather Posted 1 July, 2009 Share Posted 1 July, 2009 Front page says "We can confirm 2 international based financial groups are racing to finalise their bids. And last night, as the Echo went to print, one of the groups was poised to possibly take control today". Sounds positive but their's always doom & gloom around the corner. Link to comment Share on other sites More sharing options...
Joesaint Posted 1 July, 2009 Share Posted 1 July, 2009 God I hope they get the club, well anyone I just want saints to live on. Would not want to see RL though. Link to comment Share on other sites More sharing options...
chrisobee Posted 1 July, 2009 Share Posted 1 July, 2009 Unfortunately one word just jumps out at me and that is "possibly". Seem to have been a lot of possible developments lately which turned out to just raise false hopes. So thanks for posting that but I'm not sure I can raise my hopes again. Link to comment Share on other sites More sharing options...
Master Bates Posted 1 July, 2009 Author Share Posted 1 July, 2009 Sounds positive but their's always doom & gloom around the corner. And hopefully that corner was yesterday which we've now finally turned. Link to comment Share on other sites More sharing options...
Gingeletiss Posted 1 July, 2009 Share Posted 1 July, 2009 Todays Echo is a more positive read Potential foreign owners (not Swiss) in late night talks (worldwide financial services group). Last remains of DD being completed, lawyers finalising contracts. In the background, plans were being mapped out for their first days and weeks in charge so they can hit the ground running. The Swiss one is a one wealthy person industrialist. Oh goody........lets find out more, then the select few on here can start their campaign of hate. Link to comment Share on other sites More sharing options...
Pilchards Posted 1 July, 2009 Share Posted 1 July, 2009 You are clever Mr Salz, Just make sure you bring a half decent manager on board. Link to comment Share on other sites More sharing options...
sussexsaint Posted 1 July, 2009 Share Posted 1 July, 2009 er what does DD stand for - presumably not the Direct Debit I suppose the one major peice of evidence that adds validity to this is that noone from either bid has come on here pretending to be the 'voice of the fans' like the last 2 bidders in other words businessmen Link to comment Share on other sites More sharing options...
Doctoroncall Posted 1 July, 2009 Share Posted 1 July, 2009 So the cycle of hope begins again! Link to comment Share on other sites More sharing options...
Master Bates Posted 1 July, 2009 Author Share Posted 1 July, 2009 er what does DD stand for - presumably not the Direct Debit I suppose the one major peice of evidence that adds validity to this is that noone from either bid has come on here pretending to be the 'voice of the fans' like the last 2 bidders in other words businessmen Due diligence Link to comment Share on other sites More sharing options...
Doctoroncall Posted 1 July, 2009 Share Posted 1 July, 2009 Due diligence **** Dipping Link to comment Share on other sites More sharing options...
Beer Engine Posted 1 July, 2009 Share Posted 1 July, 2009 Oh goody........lets find out more, then the select few on here can start their campaign of hate. I can't speak for my fellow sceptics of course, but for my own part, I would have been delighted if TL and MLT had done what they said they were going to do. It was only when those feeble excuses started to surface just before the time for the cash to be handed over that I and a few others smelled a rat. It wasn't a campaign of hate just a realistic appraisal of the few facts that were available. Link to comment Share on other sites More sharing options...
Master Bates Posted 1 July, 2009 Author Share Posted 1 July, 2009 BBC Solent say MLT's involved with the Swiss. I didn't hear it as i'm at work, anyone else hear that? Link to comment Share on other sites More sharing options...
John B Posted 1 July, 2009 Share Posted 1 July, 2009 BBC Solent say MLT's involved with the Swiss. I didn't hear it as i'm at work, anyone else hear that? Yes I think that was mentioned somewhere else. Link to comment Share on other sites More sharing options...
SOTONS EAST SIDE Posted 1 July, 2009 Share Posted 1 July, 2009 I believe its the Swiss who will make a formal bid first! Not ITK, just rumours i've heard! Link to comment Share on other sites More sharing options...
Wes Tender Posted 1 July, 2009 Share Posted 1 July, 2009 International Financial Services Group....Aviva??? Link to comment Share on other sites More sharing options...
Torres Posted 1 July, 2009 Share Posted 1 July, 2009 International Financial Services Group....Aviva??? Landsbanki? Link to comment Share on other sites More sharing options...
sidthesquid Posted 1 July, 2009 Share Posted 1 July, 2009 WH Ireland......? Link to comment Share on other sites More sharing options...
sussexsaint Posted 1 July, 2009 Share Posted 1 July, 2009 The interview in the echo yesterday clearly stated that MLT was not going to even think about anything like that for 48 hours yet 3 hours later he is linked with the swiss????? Link to comment Share on other sites More sharing options...
sussexsaint Posted 1 July, 2009 Share Posted 1 July, 2009 Due diligence Cheers and *slaps head* Link to comment Share on other sites More sharing options...
Torres Posted 1 July, 2009 Share Posted 1 July, 2009 WH Ireland......? Link to comment Share on other sites More sharing options...
slickmick Posted 1 July, 2009 Share Posted 1 July, 2009 Oh goody........lets find out more, then the select few on here can start their campaign of hate. Those being the few that were spot on you mean. Link to comment Share on other sites More sharing options...
FloridaMarlin Posted 1 July, 2009 Share Posted 1 July, 2009 Worldwide financial services group - Fulcrum Asset Management? Gavyn Davies to the rescue? Link to comment Share on other sites More sharing options...
Ruffo Posted 1 July, 2009 Share Posted 1 July, 2009 sorry I have lost faith in the amount of speculation and itk rubbish that has dominated the Saints takeover. Happy to eat my hat. Link to comment Share on other sites More sharing options...
Master Bates Posted 1 July, 2009 Author Share Posted 1 July, 2009 http://www.dailyecho.co.uk/sport/saints/news/4467677.Potential_foreign_owners_in_late_night_talks_with_creditors/ Link to comment Share on other sites More sharing options...
northam soul Posted 1 July, 2009 Share Posted 1 July, 2009 Bloody hell where have this other lot suddenly sprung from to be in a position where they are further advanced than the Swiss lot. Now we have ( supposedly ) 2 wealthy foreign bids fighting over us when only yesterday we had just lost our 2 siamese fighting fish in Lynam and Longlife. Somebody told me last night that Fry had a lot to do with Jackson + Pinnacle withdrawing as he had already lined up a better solution to the situation as they had taken far too long. Link to comment Share on other sites More sharing options...
ART Posted 1 July, 2009 Share Posted 1 July, 2009 Matt Le Tissier has previously been mentioned as being linked to the Swiss bid, something I mentioned last week. However, I can't get enthusiastic about anything that's printed in the Daily Echo anymore. "Hitting the ground running" they say, but with the kind of points deductions we face, no one is going to hit the ground running. No manager is going to join us facing such adverse odds. If a greater points deduction than 10 points is the case then we would be better to request immediate relegation to League Two and a clean slate. In so doing we'd be better placed come the end of the season with a reasonable chance of being in League One than another season in hell. I'll repeat once again that we need to bring in no nonsense team of DENNIS WISE and GUS POYET to stand any chance progressing. Failing that we might as well two finger everyone and apply to join the Blue Squad League. Nice to see Norwich sympathising with our dilemma though. Link to comment Share on other sites More sharing options...
Foxstone Posted 1 July, 2009 Share Posted 1 July, 2009 International Financial Services Group....Aviva??? I would be surprised.. I work for Aviva and it seems that they are throwing the kitchen sink at British athletics right now, especially to maximise coverage at the 2012 Olympics. Other than NCFC ( Which seemingly was a political move), much of their sponsorship is geared to putting the brand into a more global vision. However, stranger things have happened. I'm just looking for some good, positive news today - We are long overdue some. Link to comment Share on other sites More sharing options...
RedWillie Posted 1 July, 2009 Share Posted 1 July, 2009 w h smith ? Link to comment Share on other sites More sharing options...
thorpie the sinner Posted 1 July, 2009 Share Posted 1 July, 2009 God bless the possible takeover we know nothing about! God bless their professionalism! Just hope one of them comes off. I think I would prefer the Swiss as they have been in the mix from the start. Link to comment Share on other sites More sharing options...
Dog Posted 1 July, 2009 Share Posted 1 July, 2009 Link to comment Share on other sites More sharing options...
Pilchards Posted 1 July, 2009 Share Posted 1 July, 2009 Woolworths? Link to comment Share on other sites More sharing options...
Draino76 Posted 1 July, 2009 Share Posted 1 July, 2009 JPMorgan? Link to comment Share on other sites More sharing options...
thorpie the sinner Posted 1 July, 2009 Share Posted 1 July, 2009 Matt Le Tissier has previously been mentioned as being linked to the Swiss bid, something I mentioned last week. However, I can't get enthusiastic about anything that's printed in the Daily Echo anymore. "Hitting the ground running" they say, but with the kind of points deductions we face, no one is going to hit the ground running. No manager is going to join us facing such adverse odds. If a greater points deduction than 10 points is the case then we would be better to request immediate relegation to League Two and a clean slate. In so doing we'd be better placed come the end of the season with a reasonable chance of being in League One than another season in hell. I'll repeat once again that we need to bring in no nonsense team of DENNIS WISE and GUS POYET to stand any chance progressing. Failing that we might as well two finger everyone and apply to join the Blue Squad League. Nice to see Norwich sympathising with our dilemma though. Now we are where we are, I don't think I would argue with either of those choices Art! Link to comment Share on other sites More sharing options...
Chez Posted 1 July, 2009 Share Posted 1 July, 2009 No manager is going to join us facing such adverse odds. rubbish, there are so many managers and ex players out of work not to mention coaches and even managers in work that would jump at the chance of the Saints job. A new owner brings new hope. Whether they turn out to be good is a different story. Link to comment Share on other sites More sharing options...
dellboypete Posted 1 July, 2009 Share Posted 1 July, 2009 the bit that worries me from the echo is : "The group claim they have enough wealth to go through with the takeover" If they are a big group surely they don' have to claim they've got the funds - not another pinnacle I hope Link to comment Share on other sites More sharing options...
Matthew Le God Posted 1 July, 2009 Share Posted 1 July, 2009 Nick Leeson now has experience running a football club, maybe its a Singapore consortium? Link to comment Share on other sites More sharing options...
saint_stevo Posted 1 July, 2009 Share Posted 1 July, 2009 the bit that worries me from the echo is : If they are a big group surely they don' have to claim they've got the funds - not another pinnacle I hope think your reading too much into it. What are they meant to say? They will have to go through full DD with Fry, and im sure he wont be bitten twice......??? Link to comment Share on other sites More sharing options...
NickG Posted 1 July, 2009 Share Posted 1 July, 2009 Nick Leeson now has experience running a football club, maybe its a Singapore consortium? and he has a saints link Link to comment Share on other sites More sharing options...
Foxy Posted 1 July, 2009 Share Posted 1 July, 2009 Nick Leeson now has experience running a football club, maybe its a Singapore consortium? Do we really need expertise in the art of ****ing untold millions up the wall in a wild punt, realising it was going nowhere, then panicking and chucking plenty of good money after bad? Link to comment Share on other sites More sharing options...
saintbletch Posted 1 July, 2009 Share Posted 1 July, 2009 Do we really need expertise in the art of ****ing untold millions up the wall in a wild punt, realising it was going nowhere, then panicking and chucking plenty of good money after bad? Continuity? Link to comment Share on other sites More sharing options...
Draino76 Posted 1 July, 2009 Share Posted 1 July, 2009 Industrialist Ira Rennert, who built the 110,000-square-foot palace in Sagaponack, is on the list at $3.5 billion. Marc Rich, the wealthy Wall Streeter who lived in exile in Switzerland for 15 years to avoid an indictment until finally famously pardoned by President Bill Clinton, is at $1.5 billion. His ex-wife, Denise Rich, with whom he has remained friends through it all, has a house here. Wilbur Ross, the industrialist and investment banker who has homes in Southampton and Palm Beach, is at $1.7 billion. Related's Stephen Ross, the skyscraper builder, is at $4.5 billion. And Vornado's Steven Roth, another skyscraper builder, is at $1.3 billion. Speaking of the letter R, there is no Rattiner on the list. There may have been one before, but if there was, he has dropped off. Link to comment Share on other sites More sharing options...
alpine_saint Posted 1 July, 2009 Share Posted 1 July, 2009 The Echo have made a fortune the last couple of months from the fair people of Southampton by posting wilding oscillating slants on stories at SMS and hooking people in. I've stopped reading the sensationalist b*llocks Link to comment Share on other sites More sharing options...
Andyb1 Posted 1 July, 2009 Share Posted 1 July, 2009 Round and round we go... Link to comment Share on other sites More sharing options...
bungle Posted 1 July, 2009 Share Posted 1 July, 2009 Their sensationalist b*llocks is much more accurate than your sensationalist b*llocks. Wrong every time, alpo. Link to comment Share on other sites More sharing options...
Foxy Posted 1 July, 2009 Share Posted 1 July, 2009 (edited) Wilbur Ross, the industrialist and investment banker who has homes in Southampton and Palm Beach, is at $1.7 billion. Hmmm, but let's facing we are back to blindfold darts aren't we? And given that he's a US finacnier it could well be the Southampton on Long Island Edited 1 July, 2009 by Foxy Link to comment Share on other sites More sharing options...
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