saint lard Posted 4 January, 2009 Share Posted 4 January, 2009 http://www.bbc.co.uk/dna/606/A45497677 Link to comment Share on other sites More sharing options...
Faz Posted 4 January, 2009 Share Posted 4 January, 2009 Where's the logic in Wilde selling to Crouch who then hands them over to Fulthorpe? Link to comment Share on other sites More sharing options...
Arizona Posted 4 January, 2009 Share Posted 4 January, 2009 I think 606 and drivel pretty much go hand in hand. Link to comment Share on other sites More sharing options...
SaintRobbie Posted 4 January, 2009 Share Posted 4 January, 2009 I think Wilde will want out now. I think he realises he has gained as much as he can and putting Lowe back in has proven to be a major failing. Certainly we havent heard from Mike for a while, and he has not given the same arrogant indication that Lowe has that he's going no-where. May have an element of truth. Afterall, better to sell now than in League 1 or 2. Link to comment Share on other sites More sharing options...
miserableoldgit Posted 4 January, 2009 Share Posted 4 January, 2009 Where's the logic in Wilde selling to Crouch who then hands them over to Fulthorpe? Wilde takes the money and runs? House-building is not a very profitable business at the moment. Link to comment Share on other sites More sharing options...
RobM Posted 4 January, 2009 Share Posted 4 January, 2009 May have an element of truth. Afterall, better to sell now than in League 1 or 2. I think you're right, but for a different reason. If we hit League 1 it will be while in Administration. If we're (rumoured to be) struggling to stay afloat now then we have less chance of surviving as a company in League 1 with less income and less season tickets sold, so Administration would be inevitable. In that situation, Wilde would stand to lose everything he has invested. So given the shaky financial and business ground he's on right now, it makes a lot of sense to get out now while he can at least salvage a little bit of cash back. Please sell to Crouch though. And please, please let all this be true. Link to comment Share on other sites More sharing options...
lordswoodsaints Posted 4 January, 2009 Share Posted 4 January, 2009 wilde is the weak link in the chain that needs to be broken.....i have said many times before that wilde just wants out with his dosh intact.if true then good riddance to bad rubbish but im not sure how i feel about him selling to crouch. Link to comment Share on other sites More sharing options...
SaintRobbie Posted 4 January, 2009 Share Posted 4 January, 2009 I think you're right, but for a different reason. If we hit League 1 it will be while in Administration. If we're (rumoured to be) struggling to stay afloat now then we have less chance of surviving as a company in League 1 with less income and less season tickets sold, so Administration would be inevitable. In that situation, Wilde would stand to lose everything he has invested. So given the shaky financial and business ground he's on right now, it makes a lot of sense to get out now while he can at least salvage a little bit of cash back. Please sell to Crouch though. And please, please let all this be true. Good summary. Yes, I would far prefer Crouch than Lowe continuing... especially if Crouch has pledged his shares elsewhere. You can't take away the fact that Crouch is a passionate Saints fan, no matter how bad he may have been as chairman. If one man can rebuild the club for the fans - and we're stuck with this stupid plc system of running a club - he'd certainly get my vote for now. Link to comment Share on other sites More sharing options...
EastleighSoulBoy Posted 4 January, 2009 Share Posted 4 January, 2009 Wilde takes the money and runs? House-building is not a very profitable business at the moment. No, but having a full Hotel with the DSS picking up the tab, we're in a recession remember, could prove profitable. Profit from misery, they often go hand in hand! Link to comment Share on other sites More sharing options...
saintstr1 Posted 4 January, 2009 Share Posted 4 January, 2009 If There is any truth in this then Wilde must sell to Crouch ASAP the summer maybe to late......... Do it NOW Mike and lets get something done before the Transfer window is shut........... Crouch & Fulthorpe in and Goodbye Lowe and we might just have a chance of surviving. Link to comment Share on other sites More sharing options...
CHAPEL END CHARLIE Posted 4 January, 2009 Share Posted 4 January, 2009 Michael Wilde has been a disaster for this club , he's kinda like a negative version of King Midas - everything he touches turns into sh*t . Noticeable by his absence at the AGM this rumour might just have something behind it - lets hope so . Link to comment Share on other sites More sharing options...
SaintRobbie Posted 4 January, 2009 Share Posted 4 January, 2009 If There is any truth in this then Wilde must sell to Crouch ASAP the summer maybe to late......... Do it NOW Mike and lets get something done before the Transfer window is shut........... Crouch & Fulthorpe in and Goodbye Lowe and we might just have a chance of surviving. God yes. I so hope so. Link to comment Share on other sites More sharing options...
Badger Posted 4 January, 2009 Share Posted 4 January, 2009 Michael Wilde will sell his shares by this summer to end the misery he has inflicted on Saints fans It will be too late by the summer to make any difference IMO. Link to comment Share on other sites More sharing options...
SaintRobbie Posted 4 January, 2009 Share Posted 4 January, 2009 It will be too late by the summer to make any difference IMO. To survive in the CCC, definitely. And it may mean us losing Shearer as manager. Personally, I would love to see him back. Feel good factor whilst rebuilding with Shearer would be superb... even though NP and others would be better choices, Shearer would have enough charisma to bring the fans along throughout a rebuild IMHO. Link to comment Share on other sites More sharing options...
Saintrowe Posted 4 January, 2009 Share Posted 4 January, 2009 Crouch & Fulthorpe in, This will not happen, as Fulthorpe will want a clean sweep of the past and present boardroom and do things his way. Link to comment Share on other sites More sharing options...
bridge too far Posted 4 January, 2009 Share Posted 4 January, 2009 The article says Wilde was in New York when the AGM was held. I thought he was in the Far East :smt102 Link to comment Share on other sites More sharing options...
SaintRobbie Posted 4 January, 2009 Share Posted 4 January, 2009 Crouch & Fulthorpe in, This will not happen, as Fulthorpe will want a clean sweep of the past and present boardroom and do things his way. Which is a good thing. Link to comment Share on other sites More sharing options...
SaintRobbie Posted 4 January, 2009 Share Posted 4 January, 2009 The article says Wilde was in New York when the AGM was held. I thought he was in the Far East :smt102 Do you think he'll be at SMS today? Link to comment Share on other sites More sharing options...
saint lard Posted 4 January, 2009 Author Share Posted 4 January, 2009 (edited) The article says Wilde was in New York when the AGM was held. I thought he was in the Far East :smt102 I believe it was a pre- arranged family engagemnt in the States,NYC to be precise. Edited 4 January, 2009 by saint lard Link to comment Share on other sites More sharing options...
saint_ed Posted 4 January, 2009 Share Posted 4 January, 2009 Where's the logic in Wilde selling to Crouch who then hands them over to Fulthorpe? Fulthorpe not prepared to offer Wilde 40p so Crouch is taking a personal hit to get it done? He has always claimed to be willing to do that so lets wait and see. Having said that though, 606 is boll0cks more often than not. Link to comment Share on other sites More sharing options...
SaintRobbie Posted 4 January, 2009 Share Posted 4 January, 2009 Fulthorpe not prepared to offer Wilde 40p so Crouch is taking a personal hit to get it done? He has always claimed to be willing to do that so lets wait and see. Having said that though, 606 is boll0cks more often than not. According to Mary Corbett he's already offered £2m to help wipe out the debt, provided Wilde and Lowe matched him. So Crouch seems to have the money. Wild card our Leon, loves the Club which is paramount but poor Chairman. If he's already admitted that and is handing over to Fulthorpe then he's redeeming himself. Got to be better than Lowe's spiral to non-league. Link to comment Share on other sites More sharing options...
Weston Saint Posted 4 January, 2009 Share Posted 4 January, 2009 To answer the question I say it is drivel. I believe Wilde has no time for Crouch but that the feeling is mutual. On that basis it is unlikely Wilde will sell to him. Why does Wilde not sell direct to Fulthorpe? Probably because, despite all his bluster, does not have the investers his fantasies hoped for. Any takeover was likely to be linked to a large property deal/development in the area. Big investors will not be interested without. It is not SFC they are interested in, it is the potential of the area. That said most of the countries linked with investment are deep in recession, have suffered big falls in investment income and property values and with an uncertain future are not likely to move at this time. There has been a suggestion of redevelopment in the area but I have been informed by a poster on here that no such approaches have been made as yet and even if there was it would not happen in the short term. There has been a suggestion from someone else I know that they have already purchased land in the area but I went on the web site of the present owners and they have not announced any sale to the Stock Market. They still have plans for development themselves. No investor/s will put money into SFC in isolation. So all in all, like it or not, I am afraid we are stuck with Lowe and Wilde for the forseeable future and anyone who thinks different is clutching at straws. Link to comment Share on other sites More sharing options...
lordswoodsaints Posted 4 January, 2009 Share Posted 4 January, 2009 The article says Wilde was in New York when the AGM was held. I thought he was in the Far East :smt102 he was..the east side of new york.......the bronx. Link to comment Share on other sites More sharing options...
Mr X Posted 4 January, 2009 Share Posted 4 January, 2009 http://www.bbc.co.uk/dna/606/A45497677 606 sheite. It still wouldn't change the fact that Lowe would be a shareholder though would it? We need him totally gone imo Link to comment Share on other sites More sharing options...
Guided Missile Posted 4 January, 2009 Share Posted 4 January, 2009 I was told that Wilde is keen to sell his shares and will take 30p a share. Link to comment Share on other sites More sharing options...
St Marco Posted 4 January, 2009 Share Posted 4 January, 2009 Wilde takes the money and runs? House-building is not a very profitable business at the moment. Indeed. And his company is near death if big companies like Jewsons and Woolsly are to be believed. Wilde will have no choice but to sell the shares. And seeing as there doesnt seem to be a huge que of people willing to buy shares to a club that looks set to go into admin it would not surprise me one bit if Crouch bought them. Link to comment Share on other sites More sharing options...
John B Posted 4 January, 2009 Share Posted 4 January, 2009 Indeed. And his company is near death if big companies like Jewsons and Woolsly are to be believed. Wilde will have no choice but to sell the shares. And seeing as there doesnt seem to be a huge que of people willing to buy shares to a club that looks set to go into admin it would not surprise me one bit if Crouch bought them. So why would Crouch buy them if we are heading for Administration? Why pay so much? But the idea seems good to me but I do not really beleive it. Link to comment Share on other sites More sharing options...
RobM Posted 4 January, 2009 Share Posted 4 January, 2009 So why would Crouch buy them if we are heading for Administration? Hopefully because it will give him the clout to shake Lowe about a bit. It will also mean if Crouch has any contacts that would be interested in taking over, it would make their path into the company much easier. Wasn't there talk that Crouch had found a potential investor at one point, just as he was forced out? If there is any truth in that (I'm sceptical TBH) then the more shares he holds the more chance he has of enforcing such a takeover. Link to comment Share on other sites More sharing options...
St Marco Posted 4 January, 2009 Share Posted 4 January, 2009 So why would Crouch buy them if we are heading for Administration? Why pay so much? But the idea seems good to me but I do not really beleive it. Reason he would buy them is because A, he is the richest business man in the south of England so has cash and B, he is a Saints fan. Crouch is the type of person who puts his money where his mouth is even if that means we struggle because of it. Crouch would buy the shares then give them and his older shares to a consortium simply because he wants nothing more then to see the back of the Lowe regime. He knows he cant come back himself again. We had him there twice and nothing really changed, i think he accepts that he is not the guy to run the club. But the one thing we can say about Crouch is in his 4 months at the club he has searched more for potential investors then the 12 years Wilde and Lowe have had combined at the club. The reality is right now whatever happens this club needs cash and needs it bad. There are two ways of that happening. We sell all the players worth something which is the Lowe method. Or we get some cash in from an investor in a takeover. Wilde must be thinking his days at the club are numbered. The whole area thinks of him as the villain now when he wanted to be seen as the hero. The fact Lowe is the visual entity of the club even though he is not the football chairman would lead me to believe Wilde most likely has had enough. But i dont think Crouch would buy them unless a consortium (Fulthorpe etc..) were in a position to move. That is just my opinion. Link to comment Share on other sites More sharing options...
John B Posted 4 January, 2009 Share Posted 4 January, 2009 Hopefully because it will give him the clout to shake Lowe about a bit. It will also mean if Crouch has any contacts that would be interested in taking over, it would make their path into the company much easier. Wasn't there talk that Crouch had found a potential investor at one point, just as he was forced out? If there is any truth in that (I'm sceptical TBH) then the more shares he holds the more chance he has of enforcing such a takeover. Yes I agree with all that but why buy if we are heading for administration as he could then buy the club? Link to comment Share on other sites More sharing options...
RobM Posted 4 January, 2009 Share Posted 4 January, 2009 Yes I agree with all that but why buy if we are heading for administration as he could then buy the club? No idea... and let's not forget that this whole conversation is based on one comment on one of the most reliable forums known to man! So all we can do is speculate... and pray! Link to comment Share on other sites More sharing options...
John B Posted 4 January, 2009 Share Posted 4 January, 2009 No idea... and let's not forget that this whole conversation is based on one comment on one of the most reliable forums known to man! So all we can do is speculate... and pray! Yes but I have been praying for a chance of fortune for nearly five years now so I dont beleive many of these rumours Link to comment Share on other sites More sharing options...
Delmary Posted 4 January, 2009 Share Posted 4 January, 2009 Crouch & Fulthorpe in, This will not happen, as Fulthorpe will want a clean sweep of the past and present boardroom and do things his way.Forget Fulthorpe it's not going to happen. Link to comment Share on other sites More sharing options...
Delmary Posted 4 January, 2009 Share Posted 4 January, 2009 Do you think he'll be at SMS today?Yes he was at St.Marys today. Sat behind Rupert. Link to comment Share on other sites More sharing options...
The Rover Posted 4 January, 2009 Share Posted 4 January, 2009 I was told that Wilde is keen to sell his shares and will take 30p a share. I bet he is. About the only good thing to come out of the impending administration will be him and Lowe getting their just desserts. I feel sorry for Crouch though. Link to comment Share on other sites More sharing options...
Master Bates Posted 4 January, 2009 Share Posted 4 January, 2009 (edited) Don't now if it's been said but staplewooder is a WUM, he's posted allsorts of stuff that's never happened. Wilde should have been gone by now if Staplewooder was correct. Proof Swanie's the one you should listen to: http://www.bbc.co.uk/dna/606/A45522830 Edited 4 January, 2009 by Master Bates Link to comment Share on other sites More sharing options...
SuperSAINT Posted 4 January, 2009 Share Posted 4 January, 2009 Is this Fulthorpe thing still legit? Why the hell has it taken so long? Surely if he's got BIG investment backers - This deal is simple to conclude. Link to comment Share on other sites More sharing options...
Delmary Posted 4 January, 2009 Share Posted 4 January, 2009 Is this Fulthorpe thing still legit? No. Link to comment Share on other sites More sharing options...
Master Bates Posted 4 January, 2009 Share Posted 4 January, 2009 Is this Fulthorpe thing still legit? Why the hell has it taken so long? Surely if he's got BIG investment backers - This deal is simple to conclude. Are they still not waiting on planning permission for a couple of sites before going ahead with investing in us? Link to comment Share on other sites More sharing options...
Badger Posted 4 January, 2009 Share Posted 4 January, 2009 To survive in the CCC, definitely. And it may mean us losing Shearer as manager. Personally, I would love to see him back. Feel good factor whilst rebuilding with Shearer would be superb... even though NP and others would be better choices, Shearer would have enough charisma to bring the fans along throughout a rebuild IMHO. The notion of Shearer demonstrates how fanciful this Fulthorpe deal is.Its all sorted in Fulthorpes mind of course but the one essential ingredient that is lacking is the £serious dosh. Link to comment Share on other sites More sharing options...
Mole Posted 4 January, 2009 Share Posted 4 January, 2009 I was told that Wilde is keen to sell his shares and will take 30p a share. Do you think this is a realistic asking price? I ask this because i see us being in the same boat Coventry were and the major shareholders had to give their shares away to SISU. Link to comment Share on other sites More sharing options...
SaintRobbie Posted 4 January, 2009 Share Posted 4 January, 2009 Yes he was at St.Marys today. Sat behind Rupert. So he writes in the programme as Chairman of Football... but has the ****ty seat behind Lowe as Chairman of the plc? Mike? Surely time to flex you muscles - hand over your shares to Crouch mate. Link to comment Share on other sites More sharing options...
SaintRobbie Posted 4 January, 2009 Share Posted 4 January, 2009 Do you think this is a realistic asking price? I ask this because i see us being in the same boat Coventry were and the major shareholders had to give their shares away to SISU. Yep... and Coventry I believe under SISU and Coleman are not actually in danger of relegation and likely to finish mid-table, well above Saints? mmmmmmm... another summer (obvious) prediction starts to emerge. Now... we have also never heard WHY our own shareholders refused the SISU deal which arguably would have had us in Coventry's position right now. Come on Wilde/Lowe... do tell. Link to comment Share on other sites More sharing options...
Mole Posted 4 January, 2009 Share Posted 4 January, 2009 Yep... and Coventry I believe under SISU and Coleman are not actually in danger of relegation and likely to finish mid-table, well above Saints? mmmmmmm... another summer (obvious) prediction starts to emerge. Now... we have also never heard WHY our own shareholders refused the SISU deal which arguably would have had us in Coventry's position right now. Come on Wilde/Lowe... do tell. IMO it was all down to greed at the time. Lowe and Wilde thought they could get more from a.n.other party. No other party materialised and the global recession hit. If they could turn back the clock i bet they wish they'd put SFC before themselves. Link to comment Share on other sites More sharing options...
SaintRobbie Posted 4 January, 2009 Share Posted 4 January, 2009 IMO it was all down to greed at the time. Lowe and Wilde thought they could get more from a.n.other party. No other party materialised and the global recession hit. If they could turn back the clock i bet they wish they'd put SFC before themselves. Probably a fair assessment Stanley - on all counts. Link to comment Share on other sites More sharing options...
Amesbury Saint Posted 4 January, 2009 Share Posted 4 January, 2009 I was told that Wilde is keen to sell his shares and will take 30p a share. Given that the share price is currently 21.5p, 30p would be a good deal for him Question is - anybody out there going to buy them? Also given the finances of the club why are the shares worth anything? Link to comment Share on other sites More sharing options...
LGTL Posted 4 January, 2009 Share Posted 4 January, 2009 I was told that Wilde is keen to sell his shares and will take 30p a share. I will buy 1, 2 at a push. Who is with me? Link to comment Share on other sites More sharing options...
dubai_phil Posted 4 January, 2009 Share Posted 4 January, 2009 There is a fundamental flaw in the logic of LC buying out MW LC has money, but not an endless supply. The club is skint and needs money urgently LC would still have to fork out lots of money to buy out MW, leaving him less to put in to the club Changing the deckchairs and having no money hasn't worked 3 times now Still, if the pound keeps falling, the 15 dirhams EoA & I found down the back of our sofas might get us somewhere when we hit Blue Square Link to comment Share on other sites More sharing options...
SaintRobbie Posted 5 January, 2009 Share Posted 5 January, 2009 There is a fundamental flaw in the logic of LC buying out MW LC has money, but not an endless supply. The club is skint and needs money urgently LC would still have to fork out lots of money to buy out MW, leaving him less to put in to the club Changing the deckchairs and having no money hasn't worked 3 times now Still, if the pound keeps falling, the 15 dirhams EoA & I found down the back of our sofas might get us somewhere when we hit Blue Square Unless he is looking to takeover the plc to eventually do the right thing and once firmly in control delist it. Now that would be a true fan. Crouch gets my vote if he is prepared to do that. Link to comment Share on other sites More sharing options...
NickG Posted 5 January, 2009 Share Posted 5 January, 2009 still needs millions to plough in to make a difference, not sure if he is that wealthy? Link to comment Share on other sites More sharing options...
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