Lowe resigning tomorrow

[NickG]

apologies if this is elsewhere but only have few mins and not time to go through other threads;

 

understanding is at 10.00 tomorrow plc will go into administration and Lowe will resign.

 

There is a target of 21 (think it was maybe 25) days for investment and 2 interested parties.

 

Football League will meet on Tuesday to decide whether we do in fact escape points deduction.

 

Again, sorry if already on here. or infact inaccurrate but no reason not to believe them as 100% right in past on these issues

[rocknrollman no2]

Ah well at least something good has come out of today.

Only Wilde and Cowen to go.

[um pahars]

apologies if this is elsewhere but only have few mins and not time to go through other threads;

 

understanding is at 10.00 tomorrow plc will go into administration and Lowe will resign.

 

There is a target of 21 (think it was maybe 25) days for investment and 2 interested parties.

 

Football League will meet on Tuesday to decide whether we do in fact escape points deduction.

 

Again, sorry if already on here. or infact inaccurrate but no reason not to believe them as 100% right in past on these issues

 

Ties in with what I have heard on the grapevine. Understand Lowe and co have effectively stepped down and administrator will be hawking the club around anyone interested in buying the Club.

[JoeShmoe]

apologies if this is elsewhere but only have few mins and not time to go through other threads;

 

understanding is at 10.00 tomorrow plc will go into administration and Lowe will resign.

 

There is a target of 21 (think it was maybe 25) days for investment and 2 interested parties.

 

Football League will meet on Tuesday to decide whether we do in fact escape points deduction.

 

Again, sorry if already on here. or infact inaccurrate but no reason not to believe them as 100% right in past on these issues

 

If Lowe goes this might be the only good thing to come out of all this

[Mark]

understanding is at 10.00 tomorrow plc will go into administration and Lowe will resign.

 

This is spot one....not sure about the rest.

[St Marco]

apologies if this is elsewhere but only have few mins and not time to go through other threads;

 

understanding is at 10.00 tomorrow plc will go into administration and Lowe will resign.

 

There is a target of 21 (think it was maybe 25) days for investment and 2 interested parties.

 

Football League will meet on Tuesday to decide whether we do in fact escape points deduction.

 

Again, sorry if already on here. or infact inaccurrate but no reason not to believe them as 100% right in past on these issues

 

Cheers for that Nick

 

So if we have 21 days to find investment and we do manage to find it; does that then mean we escape the points deduction even if the football league find us guilty of breaking the rule?

[dubai_phil]

Ties in with what I have heard on the grapevine. Understand Lowe and co have effectively stepped down and administrator will be hawking the club around anyone interested in buying the Club.

 

If it's the PLC going into admin does this mean that Wilde stays on alone?

[Iowsaintsfan]

now dont come back

 

[Ponty]

What happens if Lowe resigns as Chairman then heads up a consortium to buy the club himself? I'm not sure there's enough server power on the planet to cope with the meltdown on here.

[Doctoroncall]

Cheers for that Nick

 

So if we have 21 days to find investment and we do manage to find it; does that then mean we escape the points deduction even if the football league find us guilty of breaking the rule?

 

I would have thought it depends on the investment covering all the debt. Anything else and there will be penalties applied.

[Mole]

Woohoo, i've got the champagne on ice and the music ready to play...

 

http://www.youtube.com/cthru?index=3&pgconfig=T0L20R2U2A2M0N0&atype=ppv&score=15&key=B3UX1b4LNmYBGDkWx5ulix2C-EEIGb46ztAMGwEJYLO_kReVFap4BnXn1glbGxcYoAD1qDkFYf17bpOs1frFLC84aOeeMdp0DYwLzPWKrEo%3D&v=Fo48YpNOesQ&partner=0&erpm=0&side=0

[Glasgow_Saint]

so long loser

[Steeleye Saint]

Wouldn't this mean he is resigning as Chairman of the plc, as that is the business going into admin - but would still remain a director of the football club?

[Chez]

What happens if Lowe resigns as Chairman then heads up a consortium to buy the club himself? I'm not sure there's enough server power on the planet to cope with the meltdown on here.

 

I thought he came back to save his investment. That has failed. Perhaps he will walk away now?

 

However maybe his desire to make that money back will encourage him to try and buy the club and make a profit out of it. He better than any other person knows if that can be done - make a profit I mean.

[Under Weststand]

Don't go away mad JUST GO AWAY

[docker-p]

If the Lowester does resign i predict a full house and a New Orleans funeral style atmosphere on Saturday.

[Mole]

I wonder if the administrators will let him take the picture of the train as a momento of his time here.

[thorpie the sinner]

Don't go away mad JUST GO AWAY

 

Parallel lines??

[rocknrollman no2]

I thought he came back to save his investment. That has failed. Perhaps he will walk away now?

 

However maybe his desire to make that money back will encourage him to try and buy the club and make a profit out of it. He better than any other person knows if that can be done - make a profit I mean.

 

Theres a new idea......Lowe trying to run a business successfully.

[Under Weststand]

Parallel lines??

Yes let him Fade away & Radiate

[thorpie the sinner]

Yes let him Fade away & Radiate

 

that was a cracker, first album I ever bought!!!!!!

[Fitzhugh Fella]

Definately an announcement at 10am.

 

No excuse now - should be a full house on Saturday!

[St Landrew]

apologies if this is elsewhere but only have few mins and not time to go through other threads;

 

understanding is at 10.00 tomorrow plc will go into administration and Lowe will resign.

 

There is a target of 21 (think it was maybe 25) days for investment and 2 interested parties.

 

Football League will meet on Tuesday to decide whether we do in fact escape points deduction.

 

Again, sorry if already on here. or infact inaccurrate but no reason not to believe them as 100% right in past on these issues

 

About 4-5 years too late, but never mind. Not your post I might add. Anyway, if this is true and the man truely walks away from the club, leaving no tendrils, I doubt there will be too much trouble with finding investment, even in these dark and turbulent times. It has always been said that investments/takeovers always washed up against the breaker that was Rupert Lowe.

 

BTW, take Guy Askham with you. Andrew Cowen, I don't have a problem with, but he'd better go too for the good of club unity.

[John B]

Definately an announcement at 10am.

 

No excuse now - should be a full house on Saturday!

 

Is Crouch involved in buying the club

[Ponty]

Hope not.

 

Let's have a proper fresh start please.

[John B]

Hope not.

 

Let's have a proper fresh start please.

 

But he has a few million spare

[Fitzhugh Fella]

Is Crouch involved in buying the club

 

I don't know for sure but I don't think we have seen the last of LC is as far as I will go! He is not the sort of man to go quietly. Is that a good thing? Perhaps but total unity will only come with a complete sweep. Leon did little wrong compared to MW and RL but there were elements of his tenure that didn't sit comfortably with me.

[Ponty]

He's already proved he can't hack it though. Anyone who thought that Dodd and Gorman were the way forward, for no matter how briefly, is not who I'd like to see at the helm.

[docker-p]

Is Crouch involved in buying the club

 

I hope so. A real Saints fan, who had appointed a great manager and was sorting things out until Lowes menacing figure returned to haunt us

[Under Weststand]

Whilst I personally don't have a problem with Crouch I would prefer a clean slate for everyone to get behind.

[John B]

I don't know for sure but I don't think we have seen the last of LC is as far as I will go! He is not the sort of man to go quietly. Is that a good thing? Perhaps but total unity will only come with a complete sweep. Leon did little wrong compared to MW and RL but there were elements of his tenure that didn't sit comfortably with me.

 

Yes I think I have similar thoughts about LC.

 

 

However he did bring in Wilde who has been a bigger disaster than Lowe and lost lots of money

 

 

A new owner would be preferable with no baggage

 

I notice that some want Crouch others not so a new man or woman is required

Edited 1 April, 2009 by John B

[NickG]

I hope so. A real Saints fan, who had appointed a great manager and was sorting things out until Lowes menacing figure returned to haunt us

 

sorry, Dodd is great guy but not one of our great managers;)

[Bailey]

I'd be more confident if Crouch had total ownership of the club.

 

However, a clean sweep would be best for all concerned IMO.

 

If Crouch did return though, I wouldn't want him to talk about the past. Only need to look forward.

[Professor]

Personally, I have never understood the hatred for Lowe, particularly because so much of it based on mob anger and scapegoating, but neither have I understood why Lowe has stayed involved when he has been subject to so much vitriol.

The Lowe haters must now worry in case the Bates/Leeds plan is in place, whereby Ken Bates recovered control of Leeds after administration by heading the highest bid. I cannpot see why Lowe should do that, but then I don't know why he came back last year, so anything is possible. Of course, the flaw in the Bates/Leeds plan is that they are still in Div One!

[Weston Super Saint]

I wonder if the administrators will let him take the picture of the train as a momento of his time here.

 

He's probably loading it in the boot of his car as we speak....

[Weston Super Saint]

Personally, I have never understood the hatred for Lowe, particularly because so much of it based on mob anger and scapegoating, but neither have I understood why Lowe has stayed involved when he has been subject to so much vitriol.

The Lowe haters must now worry in case the Bates/Leeds plan is in place, whereby Ken Bates recovered control of Leeds after administration by heading the highest bid. I cannpot see why Lowe should do that, but then I don't know why he came back last year, so anything is possible. Of course, the flaw in the Bates/Leeds plan is that they are still in Div One!

 

Have you not seen any of his comments about the fans in the past?

[Block 5]

[um pahars]

Yes I think I have similar thoughts about LC.

 

 

However he did bring in Wilde who has been a bigger disaster than Lowe and lost lots of money

 

 

A new owner would be preferable with no baggage

 

Lowe is up there on a pedestal when it comes to the root cause of our demise.

 

He presided over the initial relegation that started the ball rolling and the appointment of the Revolutionary Coaching Set Up this season (as no one will convince me that that was not his idea) and the debacle that it turned out to be puts him way out there in a league of his own.

 

Others have to take their share of the blame including Wilde and the others who backed him, along with the Execs poor decisions in the summer of 2007, but Lowe's poor decisions are the ones that have really hurt us.

[Cabrone]

Bye bye Rupert.

[Professor]

I don't know for sure but I don't think we have seen the last of LC is as far as I will go! He is not the sort of man to go quietly. Is that a good thing? Perhaps but total unity will only come with a complete sweep. Leon did little wrong compared to MW and RL but there were elements of his tenure that didn't sit comfortably with me.

With due respect to Fitzhugh Fella, this is the sort of observation that does tend to mislead people. Whatever Lowe may have done to incur debts over the SMS, there is little doubt that the current situation stems from the two years that Lowe was not on the board. We have seen massive cost cutting this year, so the current board are hardly to blame on that side of the account, but the performance of the team has resulted in falling gates and reducing income, which probably is a major factor. The dilemma for any board is how do you cut costs and improve the team at the same time. Its circle that is almost impossible to square, but you can dsee how they have tried by bringing in new players, but ones on lower wages. Lowe's hope was that the academy boys would come good, which some have, but not good enough, so if that judgement was at fault then he's paying the price, but what alternative was there for a club deep in debt?

[John B]

Lowe is up there on a pedestal when it comes to the root cause of our demise.

 

He presided over the initial relegation that started the ball rolling and the appointment of the Revolutionary Coaching Set Up this season (as no one will convince me that that was not his idea) and the debacle that it turned out to be puts him way out there in a league of his own.

 

Others have to take their share of the blame including Wilde and the others who backed him, along with the Execs poor decisions in the summer of 2007, but Lowe's poor decisions are the ones that have really hurt us.

 

Disagree if Wilde and his regime had worked there would have been no need for Lowe to return when I think we were stuffed anyway.

 

 

Getting relegated was careless ie Lowe getting us in the position we are today was reckless ie Wilde

[um pahars]

Personally, I have never understood the hatred for Lowe, particularly because so much of it based on mob anger and scapegoating,

 

And personally I have never understood why people fail to comprehend that the vast majority of those who oppose Lowe do it from a rational, objective point of view after judging him by the results of his tenures and articulating their opposition in a fair and reasonable manner.

[John B]

And personally I have never understood why people fail to comprehend that the vast majority of those who oppose Lowe do it from a rational, objective point of view after judging him by the results of his tenures and articulating their opposition in a fair and reasonable manner.

 

People like you do but many others do not so it is easy then to suggest that Anti Lowe people are ranters.

[docker-p]

With due respect to Fitzhugh Fella, this is the sort of observation that does tend to mislead people. Whatever Lowe may have done to incur debts over the SMS, there is little doubt that the current situation stems from the two years that Lowe was not on the board. We have seen massive cost cutting this year, so the current board are hardly to blame on that side of the account, but the performance of the team has resulted in falling gates and reducing income, which probably is a major factor. The dilemma for any board is how do you cut costs and improve the team at the same time. Its circle that is almost impossible to square, but you can dsee how they have tried by bringing in new players, but ones on lower wages. Lowe's hope was that the academy boys would come good, which some have, but not good enough, so if that judgement was at fault then he's paying the price, but what alternative was there for a club deep in debt?

Not getting rid of NP and appointing a nobody from the Dutch semi-pro leagues would have been a good start.

[um pahars]

People like you do but many others do not so it is easy then to suggest that Anti Lowe people are ranters.

 

2 or 3 weirdos do not provide a platform to tar all those in opposition as being a part of a mob etc etc etc.

 

A sledgehammer to crack a few nuts is a phrase I coined a while back.

[John B]

Not getting rid of NP and appointing a nobody from the Dutch semi-pro leagues would have been a good start.

 

I still think the idea of bringing through Academy products is a good idea but the formation employed was wrong especially at home

 

 

The lone striker idea was pants and I could see that as early as the Celtic Match where we never got anywhere near their goal

[John B]

2 or 3 weirdos do not provide a platform to tar all those in opposition as being a part of a mob etc etc etc.

 

A sledgehammer to crack a few nuts is a phrase I coined a while back.

 

If it was two or three I would agree but it is dozens

[docker-p]

I still think the idea of bringing through Academy products is a good idea but the formation employed was wrong especially at home

 

 

The lone striker idea was pants and I could see that as early as the Celtic Match where we never got anywhere near their goal

 

I would agree that bringing on the youngsters in itself wasn't a bad policy, but relying on them almost totally and then coupling them with a manager inexperienced in english football was the mistake.

[Weston Super Saint]

If it was two or three I would agree but it is dozens

 

Lol.

[Dalek2003]

Lowe is up there on a pedestal when it comes to the root cause of our demise.

 

He presided over the initial relegation that started the ball rolling and the appointment of the Revolutionary Coaching Set Up this season (as no one will convince me that that was not his idea) and the debacle that it turned out to be puts him way out there in a league of his own.

 

Others have to take their share of the blame including Wilde and the others who backed him, along with the Execs poor decisions in the summer of 2007, but Lowe's poor decisions are the ones that have really hurt us.

 

If Lowe's original plan to put Hoddle in as mamager in 2004 had been allowed to happen we would still be a premier team !