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This Trust idea about the council buying SMS


alpine_saint

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Does it involve a transfer of share-ownership away from Wilde and the Lavender Hill Mob, a change of CEO and loss of plc status ??

 

Otherwise, Illingswortth and his cronies can foook right off. Why should Southampton tax-payer money be used to bail out the ineptness of Lowe and Wilde ?

 

Does anyone know the detail of the plan or where to find it ??

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personally

I think this would be a great move by the council...the central impoertance the club has on the city and its inhabitants should not be under estimated...

 

the club doing well in a city like southampton brings positive interests..

 

look at the rise of pompey and the development of the city....cant just be pure luck how the two are side by side...

 

the council buying SMS say over 3-5 years and GIVING it back to the clubs FANS (not a single person or owner) would be the best thing to happen to the city in years IMO

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If it doesn't involve the installation of a roundabout and multiple traffic lights this council wouldn't do it.

How can a council that is more skint than Saints buy the ground?

Do you think any council would go for a vote loss policy like this as there are less than 10% of its population are Saints fans?

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I agree about what it would mean, and also the likelihood of it happening.

 

BUT

 

My question was to ask what it means about the club ownership. No way should Lowe or Wilde be able to make money from this.

 

Unfortunately, they will never walk so for the club to get out of this mess it has to make more money...somewhere. And that means that at the end of it all, Wilde + Lowe will make money.

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Maybe when we are in admin this idea might work. A new consortium could come in with funds just needed for the team.

However without admin this is a non starter. As Alpine said why the **** should Southampton council tax payers bail out Lowe et al just so the money they save can be distributed via a dividend pay out??? **** that.

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What percentage of ratepayers would be prepared to pay more council tax to help buy the club? 1% idoubt it would be many more.

 

Probably less than that. Years ago the council wanted to build a municipal stadium behind the new docks. This fell through because the club demanded sole use, or they wouldn't support it. The idea was abandoned.

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has to be a good idea, as long as the only people who benefit are SFC and the City, not Lowe or SLH shareholders.

 

I wouldn't have clue wether the council has enough dough though. I was surprised at how many councils had shed loads of cash in Icelandic banks, mybe buying SMS and renting it back could be a half decent investment in today's climate?

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has to be a good idea, as long as the only people who benefit are SFC and the City, not Lowe or SLH shareholders.

 

I wouldn't have clue wether the council has enough dough though. I was surprised at how many councils had shed loads of cash in Icelandic banks, mybe buying SMS and renting it back could be a half decent investment in today's climate?

 

Most of the money councils hold in banks is on deposit. In other words, it is money collected and held until it is required / paid to central government / police / fire service.

 

It's not 'savings'.

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So instead of concentrating their efforts on campaigns to rid the club of the calamitous Lowe and Wilde, they're asking the council to buy the ground. Leaving the same idiots in charge.

 

The council will no doubt decline their kind offer. They might as well ask Paul Allen, they'll get the same answer.

 

Brilliant, what a useless waste of space they are. Must check with my bank that a standing order has been cancelled.

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i think it is a great idea....lowe and wilde will leave soon enough, the fans are staying away and sooner or later that will have an effect...

 

if the council (i knwo it wont happen) buy the ground and LET the club use it for free or fr a very minimal rent and stipulate that it can never be sold off as long as SFC want to use it then what difference does it make if wilde and co are there or not

Edited by Thedelldays
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So instead of concentrating their efforts on campaigns to rid the club of the calamitous Lowe and Wilde, they're asking the council to buy the ground. Leaving the same idiots in charge.

 

The council will no doubt decline their kind offer. They might as well ask Paul Allen, they'll get the same answer.

 

Brilliant, what a useless waste of space they are. Must check with my bank that a standing order has been cancelled.

 

So they should maximise their efforts to get the calamitous Crouch back in charge? Anyone with half a brain cell should realise that if we lose the stadium, it is very difficult to see a way back. Without the stadium it could easily be another Aldershot.

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So they should maximise their efforts to get the calamitous Crouch back in charge? Anyone with half a brain cell should realise that if we lose the stadium, it is very difficult to see a way back. Without the stadium it could easily be another Aldershot.

 

Don't worry, the business savvy, financially prudent Lowe will get us back on track.

 

Or at least that's what you were saying at the start of the season.

 

Sweet.

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Don't worry, the business savvy, financially prudent Lowe will get us back on track.

 

Or at least that's what you were saying at the start of the season.

 

Sweet.

I dont think the finances that seem to have improved a little are such a problem it is the teams lack of points in the last 10 games that have caused so much problem.The team was full of experience yesterday and still failed. We all are floundering without knowing exactly which way to go.

The removal of RL will help a little with the fans who hate him but I dont know it will help on the pitch.Can we afford another manager in now to change things yet again|?

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I dont think the finances that seem to have improved a little are such a problem it is the teams lack of points in the last 10 games that have caused so much problem.The team was full of experience yesterday and still failed. We all are floundering without knowing exactly which way to go.

The removal of RL will help a little with the fans who hate him but I dont know it will help on the pitch.Can we afford another manager in now to change things yet again|?

 

Can we afford to let Lowe choose another manager?

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So they should maximise their efforts to get the calamitous Crouch back in charge? Anyone with half a brain cell should realise that if we lose the stadium, it is very difficult to see a way back. Without the stadium it could easily be another Aldershot.

 

Well, with the ****ing stadium debt, we are Aldershot.

 

Up and Away...surely that is a description of some type of flight???

 

You're not David Windsor-Clive are you???

 

http://www.airkix.com/about_airkix/about_airkix_people.asp

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Well, with the ****ing stadium debt, we are Aldershot.

 

Up and Away...surely that is a description of some type of flight???

 

You're not David Windsor-Clive are you???

 

http://www.airkix.com/about_airkix/about_airkix_people.asp

 

With the stadium we stand some chance in the future, without it we have none.

 

You're not ****munch of the month are you?

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Don't worry, the business savvy, financially prudent Lowe will get us back on track.

 

Or at least that's what you were saying at the start of the season.

 

Sweet.

 

Never said anything of the kind, apart from cannot see us avoiding administration because of the financial mess we were in. Just because I can see some sense in the financial measures been put in place, has not stopped me believing and stating it would be a miracle if we got out of this mess.

 

All the damage was done before Lowe got back and any one with half a light on could see we were ****ed from the get go. Unless you were still had both thumbs stuck up your arse waiting for Fulthorpe.

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Never said anything of the kind, apart from cannot see us avoiding administration because of the financial mess we were in. Just because I can see some sense in the financial measures been put in place, has not stopped me believing and stating it would be a miracle if we got out of this mess.

 

All the damage was done before Lowe got back and any one with half a light on could see we were ****ed from the get go. Unless you were still had both thumbs stuck up your arse waiting for Fulthorpe.

 

 

rubbish the wrong decisions have been made since rupert came back, there were choices and he has constantly made the wrong ones.

Even Wotte was meant to be the man he was after but appointed JP, brought in half the tyro league on loan , some of whom have never played.

I accept finances were bad but our problem has been about how we used the little money we had not the lack of it, just as in 2003 we bought 10 squad players rather than 4 first team players

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It's something Rupert Lowe would never agree to. The stadium may be a large debt currently, but long term it is also a prized asset and part of the club's core valuation. He doesn't care about the football, its just a means to boost the profits and the idea of selling a core asset to aid it will not be something he will comply with.

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Evidently, it sounds like another half-baked (if that) Trust scheme to get cheap football with other people's money. That's the problem with them (the trust) they want everything and don't have 2 halfpennies to rub together to fund their schemes. If they had people with real money in their midst then they'd be a serious organisation.

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It is a non starter. How can a council justify purchasing afootball ground?

 

They'd put council tax up a lot more than 1% to pay for it, that I do know. And who's to say they'd give us carte blanche to use it exclusively? Especially two-thirds empty next season. Can see it becoming an all year pop venue, where we see f-all proceeds...

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Never said anything of the kind, apart from cannot see us avoiding administration because of the financial mess we were in. Just because I can see some sense in the financial measures been put in place, has not stopped me believing and stating it would be a miracle if we got out of this mess.

 

All the damage was done before Lowe got back and any one with half a light on could see we were ****ed from the get go. Unless you were still had both thumbs stuck up your arse waiting for Fulthorpe.

 

Prat.

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