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Things around the corner


harvey

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Another defeat next weekend i expect...

 

Nope, he was having a discussion with Mark Dennis & Dennis was getting quite worked up that if we went in to admin Rupert would buy the club on the cheap.

That's when D.A said the fans wouldn't let it happen and then made that comment.

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Nope, he was having a discussion with Mark Dennis & Dennis was getting quite worked up that if we went in to admin Rupert would buy the club on the cheap.

That's when D.A said the fans wouldn't let it happen and then made that comment.

 

******,rupert (if he wanted to buy us) would have to wait in line like everyone else,he wouldnt have any advantage over any other potential buyers and he would probably be hauled before the administrators for ****ing the club up in the first place.

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Nope, he was having a discussion with Mark Dennis & Dennis was getting quite worked up that if we went in to admin Rupert would buy the club on the cheap.

That's when D.A said the fans wouldn't let it happen and then made that comment.

 

Mark Dennis said that the fans had no choice because Saints are a PLC, Dave Armstrong said that the fans wouldn't let it happen because they would vote with their feet.

 

Later, in another conversation, he said that he felt there was no longer a need to buy season tickets as you'd be able to get into any game until we started to win again and demand increased.

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Mark Dennis said that the fans had no choice because Saints are a PLC, Dave Armstrong said that the fans wouldn't let it happen because they would vote with their feet.

 

Later, in another conversation, he said that he felt there was no longer a need to buy season tickets as you'd be able to get into any game until we started to win again and demand increased.

 

It was part of the same conversation..............I'm a good listener donchaknow ;)

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Nope, he was having a discussion with Mark Dennis & Dennis was getting quite worked up that if we went in to admin Rupert would buy the club on the cheap.

That's when D.A said the fans wouldn't let it happen and then made that comment.

 

Lowe IS intending to buy the Club upon or in order to avoid administration.

 

I am pretty convinced of that. There can be no other explanation for his calmness at the moment... unless he has a plan to make something for himself on the demise of this club.

 

But I agree... the fans wont let him. I suspect the fans will be coming for you soon Mr Lowe.

 

LynchMobMotivator.jpg

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If we go into administration does that mean everything other than the ground will go to the highest bidder.

 

...or the bidder in the insider position of knowing exactly how much others are likely to offer and/or in a position to value the assets of SFC accordingly.

 

The current board have an advantage over other bidders. Lowe will not stop tinkering with this club until he's proven right. He does not need the money from the club - it gives him status and he gives nothing back.

 

He IS about to take again. He IS looking at increasing his holding. He has nothing to lose and an ego to fulfill.

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...or the bidder in the insider position of knowing exactly how much others are likely to offer and/or in a position to value the assets of SFC accordingly.

 

The current board have an advantage over other bidders. Lowe will not stop tinkering with this club until he's proven right. He does not need the money from the club - it gives him status and he gives nothing back.

 

He IS about to take again. He IS looking at increasing his holding. He has nothing to lose and an ego to fulfill.

 

As soon as the Administrator is appointed, then the current Directors will be on the outside.

 

There's nothing to stop them throwing their hat in the ring with others, and arguably the Administrator might think they have certain advantages over others with reagrds their offer (e.g. experience and inside knowledge of the Club), but there is no way the Administrator will let them have an "inside track".

 

I certainly wouldn't rule out Lowe throwing his hat into the ring post Administration, but that's not the same as saying the Administrator will be sharing confidential stuff with him.

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...or the bidder in the insider position of knowing exactly how much others are likely to offer and/or in a position to value the assets of SFC accordingly.

 

The current board have an advantage over other bidders. Lowe will not stop tinkering with this club until he's proven right. He does not need the money from the club - it gives him status and he gives nothing back.

 

He IS about to take again. He IS looking at increasing his holding. He has nothing to lose and an ego to fulfill.

thats what i am worried about,i just have to look atken bates at leeds to see how sly these people are.
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As soon as the Administrator is appointed, then the current Directors will be on the outside.

 

There's nothing to stop them throwing their hat in the ring with others, and arguably the Administrator might think they have certain advantages over others with reagrds their offer (e.g. experience and inside knowledge of the Club), but there is no way the Administrator will let them have an "inside track".

 

I certainly wouldn't rule out Lowe throwing his hat into the ring post Administration, but that's not the same as saying the Administrator will be sharing confidential stuff with him.

 

You're right. But they get to set the conditions prior to Administration... so they can shape it to their advantage. Askham and Lowe have a plan.

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As soon as the Administrator is appointed, then the current Directors will be on the outside.

 

There's nothing to stop them throwing their hat in the ring with others, and arguably the Administrator might think they have certain advantages over others with reagrds their offer (e.g. experience and inside knowledge of the Club), but there is no way the Administrator will let them have an "inside track".

 

I certainly wouldn't rule out Lowe throwing his hat into the ring post Administration, but that's not the same as saying the Administrator will be sharing confidential stuff with him.

 

Is there not some rule to prevent the person/people who ran the business into admin being able to buy it back on the cheap?

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As soon as the Administrator is appointed, then the current Directors will be on the outside.

 

There's nothing to stop them throwing their hat in the ring with others, and arguably the Administrator might think they have certain advantages over others with reagrds their offer (e.g. experience and inside knowledge of the Club), but there is no way the Administrator will let them have an "inside track".

 

I certainly wouldn't rule out Lowe throwing his hat into the ring post Administration, but that's not the same as saying the Administrator will be sharing confidential stuff with him.

 

Exactly my understanding, however, Lowe and his supporters and Crouch and his will have equal opportunity to make a bid for the club as any other investors / bargain hunters. Whilst, the administrator will not share confidentail issues with any of the bidders neither will they pamber to the wishes of the fans. They will act purely in the best interests of the creditors and do their best for the employees. My understanding (if correct) is that if the bids/proposals don't meet the requirements of the creditors or not in their best interests as deemed by the Administrator the club will not be sold as a going concern and broken up to raise as much cash as possible to pay of the debts. It is entirely, possible as well that a buyer(s) will only want to bid for parts of the club i.e. Staplewood/Jacksons Farms/ Stadium (Long term future redevelopement to be bought on the cheap and mothballed).

 

Personally, I remain very very concerned that fans simply view Administration as a get out of jail free card to get rid of Lowe and start again less 10points. The reality is a whole lot more serious and hopefully I am not over dramatising the situtaion to say that it could easily be the end of the line like Woolworths, Lehmans. Bears Stearns, MFI, etc. In fact I suggest the chances are no better than 50/50. If you were a potential buyer even one with deep pockets to buy the club tomorrow from administration would be a very risky proposition and you would need to some how syndicate that risk by dare I say it, shareholders.

 

I'm no expert in these matters and if my understanding of the facts of what could happen are wrong then please correct me but either way I think its important everyone is fully aware of the likely scenarios. Today's trading environment is whole lot different than the more recent examples of clubs going into administration and regardless of Lowe the prospect of hitting the club in pocket through protest coould have far more dire consquences. In fact remove Lowe now and without an investor the fate of this club will be in the hands of the accountants and that won't be pretty especially if HMRC are involved.

 

We may not like it but sometimes dependent on external influences the devil you know is whole lot more nicer than the one you're about to become acquainted with. A lot of you champion Crouch and Corbett as the fans choice people who understand them, a friend no less. On the other hand Lowe and Wilde are seen as untrusted evil collaborators, only interested in themelves, hated and despised like proverbial skates. All I can say never has it been so true to 'Keep your friends close but your enemies closer still'. Lowe will be a pussycat compared to Administrators.

 

United we MUST Stand - Divided we WILL fall and on the toss of a coin maybe for good.

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United we MUST Stand - Divided we WILL fall and on the toss of a coin maybe for good.

 

And you've just spelt out clearly why Lowe must go. Lowe and Wildes presence = division and negativity. Maybe not for you personally, but for the vast majority of fans.

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Personally, I remain very very concerned that fans simply view Administration as a get out of jail free card to get rid of Lowe and start again less 10points. The reality is a whole lot more serious and hopefully I am not over dramatising the situtaion to say that it could easily be the end of the line like Woolworths, Lehmans. Bears Stearns, MFI, etc. In fact I suggest the chances are no better than 50/50. If you were a potential buyer even one with deep pockets to buy the club tomorrow from administration would be a very risky proposition and you would need to some how syndicate that risk by dare I say it, shareholders.

 

Whether you mean to or not, I think you are overstating the risk. There are plenty of examples of clubs entering administration and surviving. I truly believe that there are enough 'concerned individuals' that would buy the club (more than likely as a collective of some sort). A football club is different to the likes of Woolies etc. - the customer base is always going to be there to buy the product if its value is high - i.e. value = some semblance of success and hope that better days are ahead (the stuff we've lost). So sorry, I also truly believe that supporters will come flooding back to support the RIGHT regime - just like they did on the last day of last season against Sheffield Utd.

 

The ONE big reason why this club is on its knees financially (Prem is dim and distant) is the PLC status and the fact that the shareholding is so fragmented no-one in their right minds will invest. Change the PLC status and you have a little hope where there is none now, thanks to Lowe's legacy. Administration is (sadly) the only way forward IMO and I urge all ST holders to withold renewal until July to start the revolution.

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. . . . .

 

 

We may not like it but sometimes dependent on external influences the devil you know is whole lot more nicer than the one you're about to become acquainted with. A lot of you champion Crouch and Corbett as the fans choice people who understand them, a friend no less. On the other hand Lowe and Wilde are seen as untrusted evil collaborators, only interested in themelves, hated and despised like proverbial skates. All I can say never has it been so true to 'Keep your friends close but your enemies closer still'. Lowe will be a pussycat compared to Administrators.

 

United we MUST Stand - Divided we WILL fall and on the toss of a coin maybe for good.

 

We've done that and look who he ended up in league with!

 

What are you going to do Jonathan if (I'm laughing and close to hysteria as I type this) your Puppetmeister does cut the strings and walks?

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Lowe IS intending to buy the Club upon or in order to avoid administration.

 

I am pretty convinced of that. There can be no other explanation for his calmness at the moment... unless he has a plan to make something for himself on the demise of this club.

 

But I agree... the fans wont let him. I suspect the fans will be coming for you soon Mr Lowe.

 

LynchMobMotivator.jpg

 

 

Lowe's calmness? How would you know if Lowe was calm? He is going to lose around half a million. It must hurt. More likely he knows that his initiative for Dutch footy has failed and in failing has brought our club to its knees....will he buy the club after administration? He'd be a fool and I don't believe he is considering this unless some one on here has some proof. I don't think anyone on here can second guess what may or may not happen without some sort of meaningful evidence. A month ago I started a thread called end game. I knew that something would have to happen given our league placing on either or both of the player and management side. I never for one minute thought that the change made of Jan going and Wotte getting promoted would be the change. I know we also got Molyneux - wouldn't it be great if Molyneux was discernably better than the players we have?

 

If anyone has some evidence/proof then I would like to read about it. Mary Corbett's interview was the most revealing evidence I could point to.

 

The bit that saddens me was how people on here slagged her off presumably after having listened to a real fan.

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The thing around the corner?

My guess is this comes from a radio conversation this week on Radio Hampshire with Mark Dennis. A caller told Mark that he was sat near a fan at an away game recently and that fan seemed a really decent guy who told him that he was in a consortium to buy the club.

Dennis went inot rapture at this stage...the caller continiued to mention the fans plans to take over the club in the next week(last week). The caller kept saying the fan seemd a pretty level headed guy and that the fan seemed genuine.....

At the end of the call the fan was named as..........

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

Fulthorpe !!

So IMO this around the corner is bull****

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Whether you mean to or not, I think you are overstating the risk. There are plenty of examples of clubs entering administration and surviving. ]

It didn't happen to them during 'the worst recession in 100 years'

RL should step aside and appoint someone as a talisman to try and unite the fanbase.An outsider who has not been tarnished by any of the past groups.

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It didn't happen to them during 'the worst recession in 100 years'

RL should step aside and appoint someone as a talisman to try and unite the fanbase.An outsider who has not been tarnished by any of the past groups.

Over the next few months many of the influential shareholders (Askham, Richards, Withers etc) will have to do alot of soul searching. Will they be willing to give up their directors box freebies for the wellbeing of SFC?
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Exactly my understanding, however, Lowe and his supporters and Crouch and his will have equal opportunity to make a bid for the club as any other investors / bargain hunters. Whilst, the administrator will not share confidentail issues with any of the bidders neither will they pamber to the wishes of the fans. They will act purely in the best interests of the creditors and do their best for the employees. My understanding (if correct) is that if the bids/proposals don't meet the requirements of the creditors or not in their best interests as deemed by the Administrator the club will not be sold as a going concern and broken up to raise as much cash as possible to pay of the debts. It is entirely, possible as well that a buyer(s) will only want to bid for parts of the club i.e. Staplewood/Jacksons Farms/ Stadium (Long term future redevelopement to be bought on the cheap and mothballed).

 

Personally, I remain very very concerned that fans simply view Administration as a get out of jail free card to get rid of Lowe and start again less 10points. The reality is a whole lot more serious and hopefully I am not over dramatising the situtaion to say that it could easily be the end of the line like Woolworths, Lehmans. Bears Stearns, MFI, etc. In fact I suggest the chances are no better than 50/50. If you were a potential buyer even one with deep pockets to buy the club tomorrow from administration would be a very risky proposition and you would need to some how syndicate that risk by dare I say it, shareholders.

 

I'm no expert in these matters and if my understanding of the facts of what could happen are wrong then please correct me but either way I think its important everyone is fully aware of the likely scenarios. Today's trading environment is whole lot different than the more recent examples of clubs going into administration and regardless of Lowe the prospect of hitting the club in pocket through protest coould have far more dire consquences. In fact remove Lowe now and without an investor the fate of this club will be in the hands of the accountants and that won't be pretty especially if HMRC are involved.

 

We may not like it but sometimes dependent on external influences the devil you know is whole lot more nicer than the one you're about to become acquainted with. A lot of you champion Crouch and Corbett as the fans choice people who understand them, a friend no less. On the other hand Lowe and Wilde are seen as untrusted evil collaborators, only interested in themelves, hated and despised like proverbial skates. All I can say never has it been so true to 'Keep your friends close but your enemies closer still'. Lowe will be a pussycat compared to Administrators.

 

United we MUST Stand - Divided we WILL fall and on the toss of a coin maybe for good.

 

I can relate to this post. Sets out my fears of Administration. I am not a Lowe supporter, he is devisive, arrogant and totally out of touch with the supporters. I do not see Crouch as the answer either.

 

I am not prepared to call for change for change sake. Look where it got us last time. The time has come to support the club by attending games if we can.

 

I appreciate there are some who simply cannot afford. No problem as they would not have attended in any case.

 

Many more are disillusioned with the poor football and poor results. To them I say without your support it will not get better. However that is your choice and who am I to say you are wrong. Just think it through logically and then make your decision.

 

Blind hatred for Lowe will add to destroying this club and I for one do not think that is the answer. There are many good people at the club working their socks off to try to steady and ultimately improve our position. Give them your support at least, if you can.

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As soon as the Administrator is appointed, then the current Directors will be on the outside.

 

 

This is completely true. As soon as the administrator is called in, THEY run the club, and Lowe and Wilde are not privvy to any inside information.

 

I work for a multi-national company with a daughter company that has filed for bankrupcy protection. My company were in talks to sell the daughter company, but as soon as the adminstrator was apppointed, my company were thrown out of the talks unceremoniously and completely.

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This is completely true. As soon as the administrator is called in, THEY run the club, and Lowe and Wilde are not privvy to any inside information.

 

I work for a multi-national company with a daughter company that has filed for bankrupcy protection. My company were in talks to sell the daughter company, but as soon as the adminstrator was apppointed, my company were thrown out of the talks unceremoniously and completely.

 

 

I concur with this. There is no reason to fear administration - change can be very good if managed properly. This is not the club I supported as a boy - I want to see it return - but that will not happen with Lowe/Wilde at the helm.

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