exit2 Posted 2 April, 2009 Share Posted 2 April, 2009 Wilde and Lowe have just been escorted from the premises Also apparently Lowe has said "that there is nothing to stop him purchasing the company form the administrators" Now I personally dont beleive that he could as I dont think he has the money but could you imagaine it more to follow when I hear Link to comment Share on other sites More sharing options...
Saint Charlie Posted 2 April, 2009 Share Posted 2 April, 2009 Said on SSN that he left quickly via the back door and sped off in his car haha! Link to comment Share on other sites More sharing options...
eelpie Posted 2 April, 2009 Share Posted 2 April, 2009 wilde and lowe have just been escorted from the premises also apparently lowe has said "that there is nothing to stop him purchasing the company form the administrators" there would be mayhem if he does Link to comment Share on other sites More sharing options...
Colinjb Posted 2 April, 2009 Share Posted 2 April, 2009 He may be able to buy the club, but now he has been removed from the decision making process someone better positioned can take over! Link to comment Share on other sites More sharing options...
Son of Bob Posted 2 April, 2009 Share Posted 2 April, 2009 All ties in with the Ken Bates thing. Maybe he is assisting Lowe in buying back the company? Interesting! Link to comment Share on other sites More sharing options...
bridge too far Posted 2 April, 2009 Share Posted 2 April, 2009 Wilde and Lowe have just been escorted from the premises Also apparently Lowe has said "that there is nothing to stop him purchasing the company form the administrators" Now I personally dont beleive that he could as I dont think he has the money but could you imagaine it more to follow when I hear Words of a spoilt little boy who's had his train set taken away, methinks. Or rather, me hopes! Link to comment Share on other sites More sharing options...
SW11_Saint Posted 2 April, 2009 Share Posted 2 April, 2009 Lordy - is he really that much of a sucker for punishment? Isn't driving us into League 1 and Adminsitration enough for him? Why doesn't he just f**k off and shoot ducks for the rest of his life. Honestly, what a ****. Link to comment Share on other sites More sharing options...
saints_is_the_south Posted 2 April, 2009 Share Posted 2 April, 2009 He just doesn't seem to be able to get into that obnocious head of his that nobody wants him here does he? Just f\/ck off for good you c\/nt! Link to comment Share on other sites More sharing options...
bristolsaint29 Posted 2 April, 2009 Share Posted 2 April, 2009 He should be taken to the civic hall and be publicly flogged - just my opinion Link to comment Share on other sites More sharing options...
Mr X Posted 2 April, 2009 Share Posted 2 April, 2009 Very Stupid question but if he feels hes done such a fine job of sorting out the mess, why has he resigned? or is it mandatory once your company goes into admin? Link to comment Share on other sites More sharing options...
Toadhall Saint Posted 2 April, 2009 Share Posted 2 April, 2009 He should be taken to the civic hall and be publicly flogged - just my opinion I'd love to see that or if thats a tad harsh maybe in the stocks! Nah ******'s both! Link to comment Share on other sites More sharing options...
John B Posted 2 April, 2009 Share Posted 2 April, 2009 Very Stupid question but if he feels hes done such a fine job of sorting out the mess, why has he resigned? or is it mandatory once your company goes into admin? Mandatory but the debt is a lot less than this time last year. I am surprised that Lowe and Wilde returned without better guarntees from the bank Link to comment Share on other sites More sharing options...
Ponty Posted 2 April, 2009 Share Posted 2 April, 2009 It would be good for a few seconds of ironic chuckling, if he came back with a wedge and bought the club outright, but that's about all. Link to comment Share on other sites More sharing options...
trousers Posted 2 April, 2009 Share Posted 2 April, 2009 Also apparently Lowe has said "that there is nothing to stop him purchasing the company form the administrators" Erm....I can think of c.15,000 reasons why not..... Link to comment Share on other sites More sharing options...
saintjay77 Posted 2 April, 2009 Share Posted 2 April, 2009 If he has resigned from the PLC board but not from the football club directorship then I dont see how he can be thrown out of SMS as surly he still has a job to do? Sends shivers down my spine to think he may come back and own the whole lot but I guess the only way he can get the funds to do that will be with a split shareholding. And look where that got us last time! Link to comment Share on other sites More sharing options...
alpine_saint Posted 2 April, 2009 Share Posted 2 April, 2009 Wilde and Lowe have just been escorted from the premises Also apparently Lowe has said "that there is nothing to stop him purchasing the company form the administrators" Now I personally dont beleive that he could as I dont think he has the money but could you imagaine it more to follow when I hear What a spoilt little boy. A complete loser. On a more serious note, I am beginning to wonder if we will ever be free of him. I pray to the almighty that someone steps in and buys the club from the administrators. Link to comment Share on other sites More sharing options...
Alain Perrin Posted 2 April, 2009 Share Posted 2 April, 2009 I will laugh my tits off. Link to comment Share on other sites More sharing options...
Ponty Posted 2 April, 2009 Share Posted 2 April, 2009 Alpine, if the 24 day deadline is approaching and the only viable purchaser is Lowe, would you rather SFC went under completely than see him back in charge? Link to comment Share on other sites More sharing options...
saintstr1 Posted 2 April, 2009 Share Posted 2 April, 2009 What a spoilt little boy. A complete loser. On a more serious note, I am beginning to wonder if we will ever be free of him. I pray to the almighty that someone steps in and buys the club from the administrators. I know I am thick on these financial shennanigans but how can someone step in and buy the club from the administrator when the club is not in administration,SLH are the ones in Administration................ Or am I wrong? Link to comment Share on other sites More sharing options...
Ponty Posted 2 April, 2009 Share Posted 2 April, 2009 I know I am thick on these financial shennanigans but how can someone step in and buy the club from the administrator when the club is not in administration,SLH are the ones in Administration................ Or am I wrong? SFC is an asset of SLH and has to be sold with all the other assets in order to foot the £4million bill. Link to comment Share on other sites More sharing options...
John B Posted 2 April, 2009 Share Posted 2 April, 2009 I know I am thick on these financial shennanigans but how can someone step in and buy the club from the administrator when the club is not in administration,SLH are the ones in Administration................ Or am I wrong? Because if PLC sell the club they can reduce the debt Link to comment Share on other sites More sharing options...
bridge too far Posted 2 April, 2009 Share Posted 2 April, 2009 I wonder if anyone will buy Jackson's Farm? Link to comment Share on other sites More sharing options...
Gingeletiss Posted 2 April, 2009 Share Posted 2 April, 2009 It would be good for a few seconds of ironic chuckling, if he came back with a wedge and bought the club outright, but that's about all. Is one to assume from this little quip, that you are a Lowe supporter??? Link to comment Share on other sites More sharing options...
Ponty Posted 2 April, 2009 Share Posted 2 April, 2009 Is one to assume from this little quip, that you are a Lowe supporter??? No. Please re-read the post. Link to comment Share on other sites More sharing options...
Gingeletiss Posted 2 April, 2009 Share Posted 2 April, 2009 SFC is an asset of SLH and has to be sold with all the other assets in order to foot the £4million bill. In which case, it will be run by the administrators, until such time that happens. Link to comment Share on other sites More sharing options...
saintjay77 Posted 2 April, 2009 Share Posted 2 April, 2009 Is one to assume from this little quip, that you are a Lowe supporter??? LOL Ponty, Lowes love child and secret Luvvie :smileylaughingrandomemotethingy: Link to comment Share on other sites More sharing options...
Gingeletiss Posted 2 April, 2009 Share Posted 2 April, 2009 No. Please re-read the post. ;) Link to comment Share on other sites More sharing options...
Torres Posted 2 April, 2009 Share Posted 2 April, 2009 No. Please re-read the post. You shouldn't really demand so much. Link to comment Share on other sites More sharing options...
Ponty Posted 2 April, 2009 Share Posted 2 April, 2009 In which case, it will be run by the administrators, until such time that happens. Which is what I'm led to believe is happening. Only the financial director of the club/SLH remains in place to assist the administrators. Link to comment Share on other sites More sharing options...
sandwichsaint Posted 2 April, 2009 Share Posted 2 April, 2009 Alpine, if the 24 day deadline is approaching and the only viable purchaser is Lowe, would you rather SFC went under completely than see him back in charge? Very provocative Ponty but I'll take you up on that. I love the club, I love everything about the club, and it's been a big part of my life for 40+ years. Putting all that to one side I really don't think I could find the stomach for a phoenix 'New Saints' that included anything to do with RL. It's not the answer you want to hear but if you think it's been grim the last 5 years, wait for another 5 years of NuLowe... unless he has the backers that he has so conspicuously failed to produce so far Idon't think he'd last 6 months. Hopefully that's all hypothetical and it won't come to it but I for one wouldn't lose too much sleep if the choice was between the noSaints and the RL-Saints. Link to comment Share on other sites More sharing options...
SO31 Posted 2 April, 2009 Share Posted 2 April, 2009 Article now on the Echo http://www.dailyecho.co.uk/news/4254471.Lowe_and_Wilde_resign_from_Saints/ Nice piccie of the redfaced tw*t striding off from St Mary for the last time,smug in his own little world! Link to comment Share on other sites More sharing options...
explorer saint Posted 2 April, 2009 Share Posted 2 April, 2009 Hope he took his train picture with him Link to comment Share on other sites More sharing options...
Ponty Posted 2 April, 2009 Share Posted 2 April, 2009 Very provocative Ponty but I'll take you up on that. I love the club, I love everything about the club, and it's been a big part of my life for 40+ years. Putting all that to one side I really don't think I could find the stomach for a phoenix 'New Saints' that included anything to do with RL. It's not the answer you want to hear but if you think it's been grim the last 5 years, wait for another 5 years of NuLowe... unless he has the backers that he has so conspicuously failed to produce so far Idon't think he'd last 6 months. Hopefully that's all hypothetical and it won't come to it but I for one wouldn't lose too much sleep if the choice was between the noSaints and the RL-Saints. FWIW, I'd hate the concept, but I'd have to assume that he was confident of the club being successful. After all, success is the only way a private investor could hope to see a return on his investment. I'm sure whoever buys it (fingers crossed) won't be spunking his cash on a hobby. Link to comment Share on other sites More sharing options...
Snowballs2 Posted 2 April, 2009 Share Posted 2 April, 2009 Wilde and Lowe have just been escorted from the premises Also apparently Lowe has said "that there is nothing to stop him purchasing the company form the administrators" Now I personally dont beleive that he could as I dont think he has the money but could you imagaine it more to follow when I hear God help us if he did buy us, that would be 60 years a supporter gone for me, it would be my last interest Link to comment Share on other sites More sharing options...
OldNick Posted 2 April, 2009 Share Posted 2 April, 2009 when you say escorted off the premises, do you mean marched out and hushed away or that he was joined by a staff member/members who waved him off? i would not like to be the person if it is a member of the club staff if they have rubbed his nose in the ground and then he returned.. i have a horrible feeling that there will be a sting in the tail, now if the lot of them are humiliated then that will be something to behold. Link to comment Share on other sites More sharing options...
Gingeletiss Posted 2 April, 2009 Share Posted 2 April, 2009 when you say escorted off the premises, do you mean marched out and hushed away or that he was joined by a staff member/members who waved him off? i would not like to be the person if it is a member of the club staff if they have rubbed his nose in the ground and then he returned.. i have a horrible feeling that there will be a sting in the tail, now if the lot of them are humiliated then that will be something to behold. He's already played that card once... Link to comment Share on other sites More sharing options...
Cricketphilly Posted 2 April, 2009 Share Posted 2 April, 2009 when you say escorted off the premises, do you mean marched out and hushed away or that he was joined by a staff member/members who waved him off? i would not like to be the person if it is a member of the club staff if they have rubbed his nose in the ground and then he returned.. i have a horrible feeling that there will be a sting in the tail, now if the lot of them are humiliated then that will be something to behold. They bought him a nice card and cake I expect. Link to comment Share on other sites More sharing options...
OldNick Posted 2 April, 2009 Share Posted 2 April, 2009 They bought him a nice card and cake I expect.I can tell you 1 thing there are plenty of employees at the club who think he is a good boss.Some cant stand him of course. Link to comment Share on other sites More sharing options...
OldNick Posted 2 April, 2009 Share Posted 2 April, 2009 He's already played that card once...Lol, you may be right but I wouldn't risk it. Link to comment Share on other sites More sharing options...
Gingeletiss Posted 2 April, 2009 Share Posted 2 April, 2009 I can tell you 1 thing there are plenty of employees at the club who think he is a good boss.Some cant stand him of course. Ah nick (2+2+=4)........it all makes sense now, works in the leisure business;) Link to comment Share on other sites More sharing options...
Oz Posted 2 April, 2009 Share Posted 2 April, 2009 lowe/wilde out, yipeeeeeeeeeeeeeee! Link to comment Share on other sites More sharing options...
OldNick Posted 2 April, 2009 Share Posted 2 April, 2009 Ah nick (2+2+=4)........it all makes sense now, works in the leisure business;)your not very good at maths then Ginge, Link to comment Share on other sites More sharing options...
hughieslastminutegoal Posted 2 April, 2009 Share Posted 2 April, 2009 Which is what I'm led to believe is happening. Only the financial director of the club/SLH remains in place to assist the administrators. Thats the only laugh I've had out of this - Jones remaining to assist the Administrator. Reminds me somewhat of the time-honoured journalistic "Mr X has been detained and is asisting the Police with their enquiries". Not suggesting that anything illegal has been done, of course, although his performance under both regimes has been underwhelming to say the least. Link to comment Share on other sites More sharing options...
Clapham Saint Posted 2 April, 2009 Share Posted 2 April, 2009 Very Stupid question but if he feels hes done such a fine job of sorting out the mess, why has he resigned? or is it mandatory once your company goes into admin? It definately isn't mandatory. The administrator does have the power to remove them from office though. Jumped before they were pushed? Link to comment Share on other sites More sharing options...
OldNick Posted 2 April, 2009 Share Posted 2 April, 2009 by the picture from the Echo it hardly seems that Lowe was being escorted from SMS, perhaps a little bit of artistic licence is being used. Link to comment Share on other sites More sharing options...
Chez Posted 2 April, 2009 Share Posted 2 April, 2009 who says they have left SFC, they have only resigned for SLH as far as I can see. Has someone got a link to tell me otherwise? Link to comment Share on other sites More sharing options...
Oz Posted 2 April, 2009 Share Posted 2 April, 2009 now i will return Link to comment Share on other sites More sharing options...
exit2 Posted 2 April, 2009 Author Share Posted 2 April, 2009 by the picture from the Echo it hardly seems that Lowe was being escorted from SMS, perhaps a little bit of artistic licence is being used. having seen the pic, I would agree, but they might have escorted him out of the building and then let him him make his way to the car? Link to comment Share on other sites More sharing options...
SaintRichmond Posted 2 April, 2009 Share Posted 2 April, 2009 Wilde and Lowe have just been escorted from the premises Also apparently Lowe has said "that there is nothing to stop him purchasing the company form the administrators" Now I personally dont beleive that he could as I dont think he has the money but could you imagaine it more to follow when I hear Make NO mistake ... He WILL be back .... just as he came back the last time This time, he wants to OWN Saints .... any bets against ??? As long as he has just ONE share, he will be there to haunt us Link to comment Share on other sites More sharing options...
Clapham Saint Posted 2 April, 2009 Share Posted 2 April, 2009 I know I am thick on these financial shennanigans but how can someone step in and buy the club from the administrator when the club is not in administration,SLH are the ones in Administration................ Or am I wrong? Not think at all. Lots of people get confused by this. I haven't bothered to check the exact ownership details but in basic terms you can break the current club structure down into 3 main parts. 1) The "business" of "Southampton Football Club". This is comprises the tangible and intangible assets and liabilities that make up what we would call the "the club". It is not a company, but the assets that a company owns. This is owned by: 2) Southampton Football Club Limited - A company This is owned by: 3) Southampton Leisure Holdings plc - which is listed on the AIM market and in in Administration. An Aministrator of Southampton Leisure Holdings Plc can sell the shares of Southampton Football Club Limited, which are owned by Southampton Leisure Holdings Plc to a new investor. N.B. I beleive there may also be a separate company which owns the stadium but I haven't actually bothered to check. Does that make more sense? Link to comment Share on other sites More sharing options...
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