1976_Child Posted 9 October, 2008 Share Posted 9 October, 2008 You heard it here first! HM Treasury (aka the government) now has an involvement in our football club! "What? eh? 1976_Child is a nutter!" I hear you all say Well, let me explain. Unless you have been living on Mars over the last few days you will know that the government has just bought a huge slug in our nation's banks. Barclays is one of these banks. And SFC owes a shed load of dosh to Barclays, and now to HM Treasury. So although the Treasury does not (yet) own shares in Southampton Leisure Holdings plc it does own shares in Barclays and therefore has St Mary's stadium as collateral against the club's debt. weird times. as a tax payer i demand free beer at the next home game!! Link to comment Share on other sites More sharing options...
Glasgow_Saint Posted 9 October, 2008 Share Posted 9 October, 2008 1976_Child is a nutter! Link to comment Share on other sites More sharing options...
jawillwill Posted 9 October, 2008 Share Posted 9 October, 2008 What? eh? 1976_Child is a nutter! Link to comment Share on other sites More sharing options...
1976_Child Posted 9 October, 2008 Author Share Posted 9 October, 2008 this 1976_Child chap is a complete nutter! Link to comment Share on other sites More sharing options...
Weston Saint Posted 9 October, 2008 Share Posted 9 October, 2008 You heard it here first! HM Treasury (aka the government) now has an involvement in our football club! "What? eh? 1976_Child is a nutter!" I hear you all say Well, let me explain. Unless you have been living on Mars over the last few days you will know that the government has just bought a huge slug in our nation's banks. Barclays is one of these banks. And SFC owes a shed load of dosh to Barclays, and now to HM Treasury. So although the Treasury does not (yet) own shares in Southampton Leisure Holdings plc it does own shares in Barclays and therefore has St Mary's stadium as collateral against the club's debt. weird times. as a tax payer i demand free beer at the next home game!! St Mary's is owned by Aviva. Much of Aviva's investment funds are in Government Bonds. It is that money that is being lent to the Banks. So AVIVA own part of the Government who own part of the Banks who own part of our debt. And as AVIVA is my pension provider and using my funds to buy Government Bonds I own part of SMS so 1976_Child you should be buying me a beer. Link to comment Share on other sites More sharing options...
1976_Child Posted 9 October, 2008 Author Share Posted 9 October, 2008 St Mary's is owned by Aviva since when? it still shows as an asset on the balance sheet, as of last annual report. and also the money being used to buy the banks' shares is new bond issues so unless aviva buys direct from the primary market they won't yet own any of the bonds being used to buy the banks. so i don't owe you a beer Link to comment Share on other sites More sharing options...
Weston Saint Posted 9 October, 2008 Share Posted 9 October, 2008 since when? it still shows as an asset on the balance sheet, as of last annual report. and also the money being used to buy the banks' shares is new bond issues so unless aviva buys direct from the primary market they won't yet own any of the bonds being used to buy the banks. so i don't owe you a beer OK Mortgaged to AVIVA then. Same thing really Link to comment Share on other sites More sharing options...
INFLUENCED.COM Posted 9 October, 2008 Share Posted 9 October, 2008 . Barclays is one of these banks I believe, Barclays made a statement, that they did not ask the government for any money ! Link to comment Share on other sites More sharing options...
once_bitterne Posted 9 October, 2008 Share Posted 9 October, 2008 What a waste of a thread!! Link to comment Share on other sites More sharing options...
wimbornesaint Posted 9 October, 2008 Share Posted 9 October, 2008 I work for Barclays, they have not taken the governments cash Link to comment Share on other sites More sharing options...
Window Cleaner Posted 9 October, 2008 Share Posted 9 October, 2008 Anyway,and you're going to have to take my word for this, 4 million isn't exactly a "shedload" of cash to Barclay's Bank PLC. a very small thimblefuil perhaps, shedload no.There are probably hundreds of trades every day where they would reasonably have expected to make that sum in about 2 nanoseconds. Link to comment Share on other sites More sharing options...
Scudamore Posted 9 October, 2008 Share Posted 9 October, 2008 I work for Barclays, they have not taken the governments cash As a tax payer i'm outraged... As a Barclays customer i'm pleased... Now where's my free beer? Link to comment Share on other sites More sharing options...
Glasgow_Saint Posted 9 October, 2008 Share Posted 9 October, 2008 I work for Barclays, they have not taken the governments cash I too work for Barclays! Barclays House? Link to comment Share on other sites More sharing options...
trousers Posted 9 October, 2008 Share Posted 9 October, 2008 I too work for Barclays! Barclays House? This is the moment where you find out you've been sitting opposite each other for 12 years! Either that or one of you is the other's boss.... Link to comment Share on other sites More sharing options...
Scudamore Posted 9 October, 2008 Share Posted 9 October, 2008 I too work for Barclays! Barclays House? Aren't Barclays leaving Barclays House? Link to comment Share on other sites More sharing options...
trousers Posted 9 October, 2008 Share Posted 9 October, 2008 Link to comment Share on other sites More sharing options...
trousers Posted 9 October, 2008 Share Posted 9 October, 2008 Aren't Barclays leaving Barclays House? Aye. Killing two birds with one stone and relocating to St Marys. According to mate down the pub anyway. Link to comment Share on other sites More sharing options...
Scudamore Posted 9 October, 2008 Share Posted 9 October, 2008 Aye. Killing two birds with one stone and relocating to St Marys. According to mate down the pub anyway. Claiming his free beer whilst having a chat to Dennis "Rolfe" eh? Link to comment Share on other sites More sharing options...
Glasgow_Saint Posted 9 October, 2008 Share Posted 9 October, 2008 Aren't Barclays leaving Barclays House? That was the plan - were moving to a new build (being built by Walmart) but the current financial issue meant that Walmart would need to pay more for the loan to build the building and tried to pass that cost to Barclays. Staying at Barclays House now - they are talking of renovating. Link to comment Share on other sites More sharing options...
St Marco Posted 9 October, 2008 Share Posted 9 October, 2008 Thought Norwich Union paid for the stadium? Or i must have been pretty drunk that day! Link to comment Share on other sites More sharing options...
Window Cleaner Posted 9 October, 2008 Share Posted 9 October, 2008 Thought Norwich Union paid for the stadium? Or i must have been pretty drunk that day! I think NU belongs to the Aviva group. Link to comment Share on other sites More sharing options...
1976_Child Posted 9 October, 2008 Author Share Posted 9 October, 2008 Brilliant! Where did you find it? Link to comment Share on other sites More sharing options...
bungle Posted 9 October, 2008 Share Posted 9 October, 2008 I work for Barclays, they have not taken the governments cash Do you work in a Barclay's branch, or in the big Poole office? Link to comment Share on other sites More sharing options...
trousers Posted 9 October, 2008 Share Posted 9 October, 2008 Brilliant! Where did you find it? The internet Sorry....sarky answer.....slap on wrist....just type in "nutter sign post" in Google and Bob's your Uncle. I'm thinking of going on Britain's Got Talent next year. Link to comment Share on other sites More sharing options...
wimbornesaint Posted 9 October, 2008 Share Posted 9 October, 2008 I too work for Barclays! Barclays House? Do you work in a Barclay's branch, or in the big Poole office? Yes, Barclays House Link to comment Share on other sites More sharing options...
bridge too far Posted 9 October, 2008 Share Posted 9 October, 2008 I've just noticed it's OBS's birthday today! He's 30 - I thought he was about 16 :shock: Link to comment Share on other sites More sharing options...
derry Posted 9 October, 2008 Share Posted 9 October, 2008 St Mary's is owned by Aviva. Much of Aviva's investment funds are in Government Bonds. It is that money that is being lent to the Banks. So AVIVA own part of the Government who own part of the Banks who own part of our debt. And as AVIVA is my pension provider and using my funds to buy Government Bonds I own part of SMS so 1976_Child you should be buying me a beer. No wonder you know what's going on Ron. Link to comment Share on other sites More sharing options...
SaintRichmond Posted 9 October, 2008 Share Posted 9 October, 2008 St Mary's is owned by Aviva. Much of Aviva's investment funds are in Government Bonds. It is that money that is being lent to the Banks. So AVIVA own part of the Government who own part of the Banks who own part of our debt. And as AVIVA is my pension provider and using my funds to buy Government Bonds I own part of SMS so 1976_Child you should be buying me a beer. Sure you don't mean Activa ????? ........... you know, the stuff that helps you to S**t ???? Link to comment Share on other sites More sharing options...
Glasgow_Saint Posted 9 October, 2008 Share Posted 9 October, 2008 I've just noticed it's OBS's birthday today! He's 30 - I thought he was about 16 :shock: Cheeky - respect your elders! Link to comment Share on other sites More sharing options...
Glasgow_Saint Posted 9 October, 2008 Share Posted 9 October, 2008 Yes, Barclays House Which department? HR? Link to comment Share on other sites More sharing options...
wimbornesaint Posted 9 October, 2008 Share Posted 9 October, 2008 Which department? HR? No, Windows Platform Group Link to comment Share on other sites More sharing options...
Glasgow_Saint Posted 9 October, 2008 Share Posted 9 October, 2008 No, Windows Platform Group :confused: Link to comment Share on other sites More sharing options...
bungle Posted 9 October, 2008 Share Posted 9 October, 2008 I worked in Barclay's House after my GCSEs. My old man worked there for 15 years (having worked for Barclay's for about 40 years in total!) and now my brother works there. My mum works in a Barclay's branch. It is silly. Link to comment Share on other sites More sharing options...
wimbornesaint Posted 9 October, 2008 Share Posted 9 October, 2008 I think we might have hijacked this thread!! Link to comment Share on other sites More sharing options...
wimbornesaint Posted 9 October, 2008 Share Posted 9 October, 2008 :confused: We look after HR's servers Link to comment Share on other sites More sharing options...
70's Mike Posted 9 October, 2008 Share Posted 9 October, 2008 another lame duck Link to comment Share on other sites More sharing options...
thefuriousb Posted 9 October, 2008 Share Posted 9 October, 2008 Sure you don't mean Activa ????? ........... you know, the stuff that helps you to S**t ???? And there was me thinking that was your larynx? Link to comment Share on other sites More sharing options...
trousers Posted 9 October, 2008 Share Posted 9 October, 2008 another lame duck That's no way to talk about Barclay's HR department Link to comment Share on other sites More sharing options...
VectisSaint Posted 9 October, 2008 Share Posted 9 October, 2008 No, Windows Platform Group Ah, the Windows Platform Group Link to comment Share on other sites More sharing options...
Deano6 Posted 9 October, 2008 Share Posted 9 October, 2008 What? eh? 1976_Child is a nutter! Link to comment Share on other sites More sharing options...
hasper57saint Posted 9 October, 2008 Share Posted 9 October, 2008 If there is any free beer to be had at SMS then you are most welcome to have mine. It's cee rap! Link to comment Share on other sites More sharing options...
wimbornesaint Posted 9 October, 2008 Share Posted 9 October, 2008 Ah, the Windows Platform Group Very good, I will print that off at work tomorrow! :-P Link to comment Share on other sites More sharing options...
St Chalet Posted 9 October, 2008 Share Posted 9 October, 2008 You heard it here first! HM Treasury (aka the government) now has an involvement in our football club! "What? eh? 1976_Child is a nutter!" I hear you all say Well, let me explain. Unless you have been living on Mars over the last few days you will know that the government has just bought a huge slug in our nation's banks. Barclays is one of these banks. And SFC owes a shed load of dosh to Barclays, and now to HM Treasury. So although the Treasury does not (yet) own shares in Southampton Leisure Holdings plc it does own shares in Barclays and therefore has St Mary's stadium as collateral against the club's debt. weird times. as a tax payer i demand free beer at the next home game!! Knowing our luck we will have breached some league rule as a result and will be docked 10 points. Link to comment Share on other sites More sharing options...
dubai_phil Posted 9 October, 2008 Share Posted 9 October, 2008 http://www.telegraph.co.uk/sport/columnists/paulkelso/3161332/Sport-in-the-eye-of-the-storm-Sport.html It ain't looking good out there in la-la land and as for West Ham.... http://www.telegraph.co.uk/sport/football/leagues/premierleague/westham/3168202/West-Ham-feeling-the-big-freeze-Football.html 51 mil in debt to Icelandic Banks oops - guess the local councils will be round to get their money back Lee Bowyer sweeping the streets in Ealing lol Link to comment Share on other sites More sharing options...
Totton Red Posted 9 October, 2008 Share Posted 9 October, 2008 http://www.telegraph.co.uk/sport/columnists/paulkelso/3161332/Sport-in-the-eye-of-the-storm-Sport.html It ain't looking good out there in la-la land and as for West Ham.... http://www.telegraph.co.uk/sport/football/leagues/premierleague/westham/3168202/West-Ham-feeling-the-big-freeze-Football.html 51 mil in debt to Icelandic Banks oops - guess the local councils will be round to get their money back Lee Bowyer sweeping the streets in Ealinglol Perhaps a part time job in Mcdonalds? Link to comment Share on other sites More sharing options...
eelpie Posted 9 October, 2008 Share Posted 9 October, 2008 So as a taxpayer I now own part of Saints debt via Barclays. I sack Rupert Lowe. Link to comment Share on other sites More sharing options...
sperm_john Posted 10 October, 2008 Share Posted 10 October, 2008 lol funny concept Link to comment Share on other sites More sharing options...
wimbornesaint Posted 10 October, 2008 Share Posted 10 October, 2008 So as a taxpayer I now own part of Saints debt via Barclays. I sack Rupert Lowe. As of yet, the government have not taken any capital in Barclays. The bank is free to raise capital how it likes and may raise the missing capital (tier 1) from existing shareholders, not the taxpayer. Link to comment Share on other sites More sharing options...
hughieslastminutegoal Posted 10 October, 2008 Share Posted 10 October, 2008 What a waste of a thread!! There are so many wasted threads on here. All together they make an emperor's suit of clothes. And Lowe is wearing it. Link to comment Share on other sites More sharing options...
Window Cleaner Posted 10 October, 2008 Share Posted 10 October, 2008 There are so many wasted threads on here. All together they make an emperor's suit of clothes. And Lowe is wearing it. Wasted is a strange word to use really. It means that they take up space and use ressources that could be used more productively. They aren't wasted, they're just pointless or useless. Link to comment Share on other sites More sharing options...
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