Got my admin letter today..

[Giordano]

Got my letter advising me that my shares in Saints are in admin and i cannot sell them ( no sh+t sherlock). I dont care about the money ive lost ( they were worth near 4 figures once..) because i only bought them because i wanted to be involved for love of my club, but that aside, i dont think its funny for other Saints fans to rejoice and say its the best thing in the world and "we got our club back" because as far as i was concerned i was and am a supporter, i owned shares in the club - i already had "my club".

 

Now someone else may turn up and he or they will probably own all of the club themselves- so NONE of us will have any of the club back....i probably sound selfish but i dont get how that is getting it back - its actually taking it away for me!!!!!!!!

 

I am confident im not irrational - so i can only deduce that the comments rejoicing about our situation, supporting barclays etc are from people who dont care that normal saints supporters with shares like me are royally stuffed out of the situation so that probably some smooth talking shirt kissing investor can come in and takeover for diddly squat.

 

Giordano.

[alpine_saint]

In all the hulabaloo, I am sure many have forgotten that a fair few saints fans have lost money too. Maybe that is why many have argued so vehemently against administration.

 

However, the shares had lost their value before admin. SLH was a busted flush. You cant blame those of us who think admin provides the route back to having a successful club.

[WealdSaint]

I feel very sorry for the small shareholders who have lost money.

 

IMHO the fault lies squarely with some/all major shareholders who thro' a mixture of greed and arrogance ran the ship straight into an iceberg.

[alpine_saint]

Spot on.

 

the people you should blame for you having lost your money are Askham, Lowe, Wilde and Crouch (to a lesser degree)

[Giordano]

I'm not bothered about the money. I've never resisted the principle of going into administration on personal financial terms, it would'nt occur to me to think that way...

 

I have not got my club back. There must be more than a few small saints fan shareholders who bought the shares out of love, loyalty , committment or basically just felt it was the right thing to do. I would be surprised if many bought them as an "investment"".

 

For those, but i speak only for myself, its not a question of now having our club back, we showed through the practical, physical expedient of buying the shares that we had an affinity with Saints, for me it was almost like a pledge of undying loyalty, more so than the temporary purchase of a ticket or season ticket.

 

I just think that amidst all the vitriol over the directors and that, the implications of adminstration for little saints fans like me and other saints supporting shareholders are not good. To "rejoice" in that shows bad taste and rather crass insensitivity to the genuine saints loyal sentiments of us small shareholders.

[SaintDonkey]

Maybe that is why many have argued so vehemently against administration.

 

No Alps I think you'll find the reason so many argued against administration was this:

 

If the administrator is unsuccesful it is likely that the Football Club will enter an insolvency process which is likely to effectively mean that the club will cease to operate.

 

There's lots of talk of interested parties but so far this is just talk - and remember being an 'interested party' in SLH doesn't necessarily mean you're interested in Southampton Football club. Both Staplewood and the fabled Jackson's farm might look like a long term investment to a property dealer, with Saints being just an annoying unwanted extra to be wound down.

[cellone]

I feel sorry for any of the shareholders that bought them to be part of the club but held no power of decision, those that had them and held power are a different story.