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How damaging do you think the Pinnacle fiasco will be..?


Thedelldays

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It seems Pards is working very hard against the clock and realise that with the players left, there is so much to do...

 

I cant help but feel so farking angry at the fiasco surrounding Pinnacle and the damage that has caused..just think, pardew has lost around one month potentially in preparing the club and bringing in players etc.

 

I am greatful of course that Markus came in, but if reports are correct, he was always interested...

 

Pinnacle could have and probably cost this club dear in build up towards the season and the start of it..

 

:smt065

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As long as we give AP a season to sort things out, not much.

 

There was always a 2 year plan to get us out of L1 and I think that as long as there's stability, we'll be ok.

 

Pinnacle haven't helped, but AP's a good manager and it would be insulting to him to blame our problems at the end of the season on what's happened now.

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I do think it is damaging, i just hope it is not too damaging.

 

It has cost time and has dented vital preparations but hopefully we will still be ready for the start of the season.

 

IMO AP needs to get his backroom staff sorted quick so that he can begin to organise and scout/coach much more effectively.

 

I also hope there is still time to get to the negotiating table with certain players and hopefully convince them that going Red and White is the best way.

 

We have already missed a few good signings.

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It seems Pards is working very hard against the clock and realise that with the players left, there is so much to do...

 

I cant help but feel so farking angry at the fiasco surrounding Pinnacle and the damage that has caused..just think, pardew has lost around one month potentially in preparing the club and bringing in players etc.

 

I am greatful of course that Markus came in, but if reports are correct, he was always interested...

 

Pinnacle could have and probably cost this club dear in build up towards the season and the start of it..

 

:smt065

 

There's no doubt that it will certainly affect the start of the season as there will be players that Pardew is yet to sign who will not have had a pre season build up (if they are out of contract) and it will take time for them to build that fitness up and gel into the team.

 

Strachan always used to say that pre-season training was vital for players to be match fit and ready when the season started and if they missed out, then it could affect their season long term. Having said that, a lot of players will train with clubs to stay fit in the hope of a bid.

 

In the grand scheme of things it's a short term blip and I do not think that if the club now has a 5 year plan (let's say for the sake of argument) that it will affect things too much.

 

It certainly hasn't helped us, but overall, it's just like a train that's slightly late... or not as the case may be ;)

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Not so much, it's behind us now. I feel that we have a nucleus of a side with

6 or 7 players who are quite decent, the problem is that whatever they do is continually negated by the rest of the crap that we have to play to make up the side. If Thomas stays on and stays fit,parternered by a new decent CB the defence will be OK,we need a midfield player to partner James,Schneiderlin and Gillet,Stern and AN Other in attack will be a decent side;

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Does anyone else share the view that the so called "Pinnacle Bid" was a complte load of cobblers.

 

The only effect it had was to delay our subsequent Purchase by a time span of 4 - 5 weeks

 

We were VERY lucky that Leibherr was still interested

 

I'll go so far as to suggest that Pinnacle very nearly sent us to the wall ..... because IMHO ..... THEY HAD NO INTENTION AT ALL TO TAKE US OVER

 

The apology they put forward as "The Money Man" barely had £10.50 in an old TSB Account

 

SOMEBODY was trying to destroy us completely IMHO, ie Delay, Delay, Delay

 

Thanks to Pinnacle, Alan Pardew has a Mammoth task on his hands now

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Does anyone else share the view that the so called "Pinnacle Bid" was a complte load of cobblers.

 

The only effect it had was to delay our subsequent Purchase by a time span of 4 - 5 weeks

 

We were VERY lucky that Leibherr was still interested

 

I'll go so far as to suggest that Pinnacle very nearly sent us to the wall ..... because IMHO ..... THEY HAD NO INTENTION AT ALL TO TAKE US OVER

 

The apology they put forward as "The Money Man" barely had £10.50 in an old TSB Account

 

SOMEBODY was trying to destroy us completely IMHO, ie Delay, Delay, Delay

 

Thanks to Pinnacle, Alan Pardew has a Mammoth task on his hands now

 

 

I suspect that ML knew very well that Pinnacle was all bullsh*t and no money and that he cotinued with his plans throughout.

I could see it and I'm sure that those acting for ML could as well.

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There's a danger of getting a bit too precious about all the takeover happenings and timings. Yes Pinnacle wasted time, but isn't it great Saints are now on a sound footing..? Yes it may well take another season to sort things out, but it may have taken that anyway. The club has been at a very low ebb, and has League One status to illustrate the plight, despite all the Premiership trappings. But it is getting back up on its feet again. Let's celebrate that new scenario; see what the new season holds, and actually place our trust in good management.

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Clearly the Pinnacle bid held things up by a few weeks but (if, as reported) they were the only ones willing to put up the £500k deposit which paid the May wages then perhaps they actually saved us !

In any case it's history, just like Rupert, just like Branfoot, just like World War 2 !

Perhaps we should reflect on the fact that further damage could be done to the club by dredging up subjects like this as they could affect supporter unity and cause ongoing embarrassment to one of our greatest legends !!

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There's a danger of getting a bit too precious about all the takeover happenings and timings. Yes Pinnacle wasted time, but isn't it great Saints are now on a sound footing..? Yes it may well take another season to sort things out, but it may have taken that anyway. The club has been at a very low ebb, and has League One status to illustrate the plight, despite all the Premiership trappings. But it is getting back up on its feet again. Let's celebrate that new scenario; see what the new season holds, and actually place our trust in good management.

 

Yes, it certainly IS great

 

It is because of the outcome... ie Leibherr, that I am Pi**ed off at the fact that Pinnacle WASTED five valuable weeks, with Cloud Cuckko Land daily statements of how near they were to completion

 

IMHO, they were Shysters, and Fry should have seen through them long long before he did

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Clearly the Pinnacle bid held things up by a few weeks but (if, as reported) they were the only ones willing to put up the £500k deposit which paid the May wages then perhaps they actually saved us !

In any case it's history, just like Rupert, just like Branfoot, just like World War 2 !

Perhaps we should reflect on the fact that further damage could be done to the club by dredging up subjects like this as they could affect supporter unity and cause ongoing embarrassment to one of our greatest legends !!

 

 

All crimes are history doesn't mean they shouldn't be investigated and the culprits brought to justice. And no offence but just so you get your facts right -

 

Crouch paid the 500 thou + on behalf of Pinnacle who were then putting up all sorts of sob stories as to why they couldn't pay. I got that from the horses's mouth and he was none too pleased.

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As much I do think the Pinnacle group have delayed/damaged our pre-season, I don't believe they started off as tyre kickers. From whatever source (do we really know?) they did fund a month's wages which may have saved the club at the time. They also convinced Fry of their financial backing.

 

It appears to me that they did string Fry along when it must have been known to them they no longer had sufficient funding to make a purchase. This is where they should have owned up and removed themselves from the picture. Things happen in business and I sympathise, but this where they made a big mistake.

 

However, in my opinion the biggest mistake was to conduct their business through the media and fans websites. This is just not how serious business is conducted.

 

Let's face it, without MLT, would anyone have given Pinnacle credibility?

 

edit. if Crouch did pay the 500k then what was Fry thinking in continuing with Pinnacle?

Edited by Redondo Saint
FF confirming Crouch
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Who knows - it may even have worked to our advantage. The figure paid by Liebherr is undisclosed, but could well have been less than what Pinnacle had offered. At the time of the Pinnacle collapse, Fry was on record saying the club was within days of becoming extinct. Even with others in the wings, it could well have put the Liebherr in a stronger negotiating position. More funds for investment in the team?

 

And we still don't know the whole truth behind the Pinnacle debacle. I recall reading Lynam saying something about a backer getting cold feet at the last minute. He could have meant the hapless Fialka, but I somehow doubt it. Someone else was surely in the shadows.

 

In any case, even if Liebherr had taken over earlier, the extent of reorganisation necessary at the club, after all the years during which it was allowed to rot, is so extensive it would have taken up most of pre-season (and more) anyway.

 

I'm still optimistic that the Pinnacle delay was little more than a blip and that we finally start heading back upwards.

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It would be easy in hindsite to cast blame if we have all the facts, which we don't really. Whether there was a 'potential' backer only Lynam knows.

 

The mistake was in giving Pinnacle exclusivity imo. But we were desperate for the money to pay the players, weren't we?

 

It all has to go alongside the mountains of ****-ups that have dogged us for years.

 

Let's move on. The future is collectively in OUR hands now.

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All crimes are history doesn't mean they shouldn't be investigated and the culprits brought to justice. And no offence but just so you get your facts right -

 

Crouch paid the 500 thou + on behalf of Pinnacle who were then putting up all sorts of sob stories as to why they couldn't pay. I got that from the horses's mouth and he was none too pleased.

 

Crouch was THE hero of that awful month.

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This season it could be damaging as it has made it harder to reach the play offs imho as AP hasn't got enough time to assemble the right squad for the off.

 

Long term it is probably a blessing in disguise as it gives 2 seasons to build a good enough side to compete in the championship and expectations are more realistic from most Saints fans this season.

 

It seems a lot of mercanaries are trying to join us player wise as AP says he has been bombarded by agents and players wanting to join us now we have the backing of a billionaire and he says he needs to get the right players in who can do a job for us.

 

Also commented how Saints have signed alot of dross of the last number of years who have not lived up to expectations.So I'm confident AP will recruit the right players to take us forward.We just need to be realistic about this season.

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I don't like to say I told you so, but..........

http://www.saintsweb.co.uk/forum/showthread.php?t=13148

 

 

I completely agree docker-p

 

What put me off initially, was the "day to day" updates of how things were going etc ........utter Bullsh*t

 

Did we hear anything substantial from Leibherr ????

 

YES ........ when it had all been finalised .... in the way Big Business actually operates

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Crouch was THE hero of that awful month.

 

I would credit him as saving the club from oblivion. He has been the only person involved pre-Leibherr who actually put HIS money where his mouth and heart is.

 

Regardless of his merits as a chairman he deserves everyone's gratitude.

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I would credit him as saving the club from oblivion. He has been the only person involved pre-Leibherr who actually put HIS money where his mouth and heart is.

 

Regardless of his merits as a chairman he deserves everyone's gratitude.

 

Very true. Crouch has been totally supportive throughout. Its a shame he wasn't very effective as a chairman, but given the state of the club's finances at the time, no one could have done anything other than a massive cut in costs, which ultimately made relegation from the CCC inevitable. If Crouch did put substantial amounts of his own money in, as is suggested, he deserves recognition for helping get the club through the most difficult period in its history.

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All crimes are history doesn't mean they shouldn't be investigated and the culprits brought to justice. And no offence but just so you get your facts right -

 

Crouch paid the 500 thou + on behalf of Pinnacle who were then putting up all sorts of sob stories as to why they couldn't pay. I got that from the horses's mouth and he was none too pleased.

 

Crouch was THE hero of that awful month.

 

I would credit him as saving the club from oblivion. He has been the only person involved pre-Leibherr who actually put HIS money where his mouth and heart is.

 

Regardless of his merits as a chairman he deserves everyone's gratitude.

 

Absolutely. It should be remembered that he has always had good intentions, and has often stepped in to make the difference.

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The problem was not really Pinnacle it was the fact we were in Administration and the Creditos wanted as much money as possible and thought Pinnacle could deliver

 

But it would probably have cost us about 2 to 3 weeks

Edited by John B
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It seems Pards is working very hard against the clock and realise that with the players left, there is so much to do...

 

I cant help but feel so farking angry at the fiasco surrounding Pinnacle and the damage that has caused..just think, pardew has lost around one month potentially in preparing the club and bringing in players etc.

 

I am greatful of course that Markus came in, but if reports are correct, he was always interested...

 

Pinnacle could have and probably cost this club dear in build up towards the season and the start of it..

 

:smt065

 

I commented several times that the p*ssing about was going to catch up with us at some point.

 

But it seems our brilliant fans have made good on the revenue issue by buying their STs in double-quiick time.

 

However, the issue of the sqaud and the manager remain, and we are on -10 points...

 

I genuinely think the main target for this season is consoldiation in League One, and go for promotion next season.

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There's a danger of getting a bit too precious about all the takeover happenings and timings. Yes Pinnacle wasted time, but isn't it great Saints are now on a sound footing..? Yes it may well take another season to sort things out, but it may have taken that anyway. The club has been at a very low ebb, and has League One status to illustrate the plight, despite all the Premiership trappings. But it is getting back up on its feet again. Let's celebrate that new scenario; see what the new season holds, and actually place our trust in good management.

 

Agree completely.

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Pinnacle seem to have wasted a month that leaves us 1 month further behind in our preparation. The difference between promotion and mid table or mid table and a relegation fight.

 

Pinnacle clearly mislead (duped?) Crouch. Crouch should be given freedom of the city for keeping the club alive and avoiding a bigger points deduction.

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I would love Tony Lynam to comment on how 20k a year Fialka was supposed to buy us?????

 

Fialka will go down in history as someone whom nearly killed SFC!

 

And as has been said, they have wasted valuable time

 

Paul I don't think Fialka had much to do with things but he allowed himself to be presented as the face of Pinnacle without realising the implications. Certainly his name was not one of the 6 names that were originally presented to Mark Fry as being part of Pinnacle.

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All crimes are history doesn't mean they shouldn't be investigated and the culprits brought to justice. And no offence but just so you get your facts right -

 

Crouch paid the 500 thou + on behalf of Pinnacle who were then putting up all sorts of sob stories as to why they couldn't pay. I got that from the horses's mouth and he was none too pleased.

 

No offence taken FF but please note that I did not present anything as a FACT !

I used the wording "if, as reported" and "perhaps" mainly because nobody has officially said that LC paid the £500k on behalf of Pinnacle !

Playing devil's advocate, however - if LC did pay the money then he (at the very least) gave tacit approval to their bid and I wonder why he is to be judged as a hero and they as the villians when they played a combined part in the delay of the sale to ML ???

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Clearly the Pinnacle bid held things up by a few weeks but (if, as reported) they were the only ones willing to put up the £500k deposit which paid the May wages then perhaps they actually saved us !

In any case it's history, just like Rupert, just like Branfoot, just like World War 2 !

Perhaps we should reflect on the fact that further damage could be done to the club by dredging up subjects like this as they could affect supporter unity and cause ongoing embarrassment to one of our greatest legends !!

Most seem to think the Pinnacle bid held things up for weeks, but is there actually any evidence that ML would have completed significantly earlier if Pinnacle had not bid/entered exclusivity? I don't see any, maybe he might have completed a week earlier (even that would have been beneficial) but in reality I suspect like any other bidder he always intended to leave it as late as posisble. I don't think blaming Pinnacle makes much sense, the blame (if there is some) squarley rests with someone else (who shall remain nameless).

 

BTW Leon Crouch clearly was the hero for digging deep and keeping this Club afloat, but it is untrue to say he was the only one. I dislike the man intensely, but to be fair Guy Askham also did (making up for all the many errors he made before I suppose) as did Mike Richards. Their contributions may have been significantly smaller, but credit where it is due.

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if LC did pay the money then he (at the very least) gave tacit approval to their bid and I wonder why he is to be judged as a hero and they as the villians when they played a combined part in the delay of the sale to ML ???

be careful....you arenot allowed to say such things

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Does anyone else share the view that the so called "Pinnacle Bid" was a complte load of cobblers.

 

The only effect it had was to delay our subsequent Purchase by a time span of 4 - 5 weeks

 

 

I fail to see the point of them going to the lengths they did knowing that they would ultimately fail. Therefore I believe that the initial bid was genuine, but they should have withdrawn immediately it became clear that their was no money forthcoming.

 

It certainly didn't help matters when they unveiled something akin to a chimp as the money man.

 

It may have been ******** from the start, but if it was, what was the point of it all? That's what I can't understand

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I would credit him as saving the club from oblivion. He has been the only person involved pre-Leibherr who actually put HIS money where his mouth and heart is.

 

Regardless of his merits as a chairman he deserves everyone's gratitude.

 

Totally agree, but I'm most concerned that Leon's goodwill towards the club together with MLT's love of the club may have been taken advantage of by Tony Lynam and his cronies.

 

Hope Lynam is brought to account if that is indeed the case.

 

Regards

 

 

Morph

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I commented several times that the p*ssing about was going to catch up with us at some point.

 

But it seems our brilliant fans have made good on the revenue issue by buying their STs in double-quiick time.

 

However, the issue of the sqaud and the manager remain, and we are on -10 points...

 

I genuinely think the main target for this season is consoldiation in League One, and go for promotion next season.

 

Agree with this. But had Pinnacle not wasted five weeks, I thinkwe could have made a more serious effort of getting out of League One in a year. Who knows, we still might, but Lynam and his tyre-kicker friends have seriously compromised our chances.

 

I'd certainly ban Lynam from St. Mary's for life.

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It seems Pards is working very hard against the clock and realise that with the players left, there is so much to do...

 

I cant help but feel so farking angry at the fiasco surrounding Pinnacle and the damage that has caused..just think, pardew has lost around one month potentially in preparing the club and bringing in players etc.

 

I am greatful of course that Markus came in, but if reports are correct, he was always interested...

 

Pinnacle could have and probably cost this club dear in build up towards the season and the start of it..

 

:smt065

 

TBH, we couldn't change things at the time and we can't change them now. As infuriating as it is we cannot undo the past and we have to go with what we have. However, what we have, in New Owner and AP, might well be more than what those fantasists at Pinnacle could have provided.

 

I understand your ire at this but let's all channel any of our passions into supporting this new set up and propelling us toward a stable team which, given luck, may make mid table or a play off spot.

Edited by EastleighSoulBoy
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If he had not have funded the no mark Pinnacle group, then we could have been taken over much earlier and be in a much stronger position.

 

The wages needed funding. Leon did that, in a roundabout way he aided the continuance of the Pinnacle debacle. Fry's assessment of the situation was that if that money had not been forthcoming then we would have been in a totally different situation, almost definitely liquidated! So LC was between a rock and a hard place.

 

Despite his shortcomings I reckon LC is a hero for keeping the patient breathing while others were preparing to screw the coffin lid down!

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Does anyone else share the view that the so called "Pinnacle Bid" was a complte load of cobblers.

 

The only effect it had was to delay our subsequent Purchase by a time span of 4 - 5 weeks

 

We were VERY lucky that Leibherr was still interested

 

I'll go so far as to suggest that Pinnacle very nearly sent us to the wall ..... because IMHO ..... THEY HAD NO INTENTION AT ALL TO TAKE US OVER

 

The apology they put forward as "The Money Man" barely had £10.50 in an old TSB Account

 

SOMEBODY was trying to destroy us completely IMHO, ie Delay, Delay, Delay

 

Thanks to Pinnacle, Alan Pardew has a Mammoth task on his hands now

 

This was never a deliberate act, gross stupidity YES. The administrator has a lot to answer for here, as I cannot fathom how Liebherr's interest was marginalised. Just a quick Internet check would have ticked all the right boxes. Multi billionaire, very conservative, religious and a reluctance to borrow any money for any of his projects. The guy gets a 5 star rating within minutes. Initially I thought Liebherr's approach was very tentative but have since heard it was nothing like the case. Pinnacle were not to know this and they deservedly lost a lot of money for their stupidity, glossed in good intentions.

 

But we won the lottery and are in a position we could have only dreamed of. So I think that losing the money is all the Pinnacle group should suffer. Their intentions were good, just lacked the smarts to go with it. I can't say they were serial monkey chicken devotees as cherry pip, though Crouchy looks to have ploughed in up to his back wheels on Allen, Fulthorpe and some bedsit in the London suburbs.

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I don't think there's any way of knowing whether or not ML would have bought the club or who would be manager had Pinnacle not entered into the exclusivity deal.

 

In terms of how it affects us, I'm not necessarily expecting to go up this season anyway so in the long term its had very little impact. I'm just disappointed we ended up selling so many players for next to nothing and really disappointed we couldn't keep hold of Surman, I think he would've thrived under Pardew.

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Despite his shortcomings I reckon LC is a hero for keeping the patient breathing while others were preparing to screw the coffin lid down!

 

I see he backed both Wilde and Lynam - his judgement is clearly terrible and he has directly contributed to the demise of SFC through his installation of Wilde and Hone.... a mistake he was on the verge of repeating by backing the potless wonders in the Pinnacle bid.

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I see he backed both Wilde and Lynam - his judgement is clearly terrible and he has directly contributed to the demise of SFC through his installation of Wilde and Hone.... a mistake he was on the verge of repeating by backing the potless wonders in the Pinnacle bid.

 

Ain't that the truth. A nice bloke, and v committed to Saints, but possessed of appalling judgement in football politics.

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It seems Pards is working very hard against the clock and realise that with the players left, there is so much to do...

 

I cant help but feel so farking angry at the fiasco surrounding Pinnacle and the damage that has caused..just think, pardew has lost around one month potentially in preparing the club and bringing in players etc.

 

I am greatful of course that Markus came in, but if reports are correct, he was always interested...

 

Pinnacle could have and probably cost this club dear in build up towards the season and the start of it..

 

:smt065

 

History, not worth discussing

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