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Delmary

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Ironic that Askham has put in £1,000? And wants it to be known that he has...

 

I remember back in 1986 / 1987 the club was financed by lotteries / scratch cards etc etc. The club had some kind of 1000 Cliub scheme which culminated in a big on the pitch draw when the winner received a couple of thousand.

 

At the time Askham was the chairman. The winner of the draw was .... Askham!! I thought that there might have been a redraw when it was obvious who had won ... but no chance when Guy was in charge.

 

You would have thought he would donate a bit more than £1,000.

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I remember back in 1986 / 1987 the club was financed by lotteries / scratch cards etc etc. The club had some kind of 1000 Cliub scheme which culminated in a big on the pitch draw when the winner received a couple of thousand.

 

At the time Askham was the chairman. The winner of the draw was .... Askham!! I thought that there might have been a redraw when it was obvious who had won ... but no chance when Guy was in charge.

 

You would have thought he would donate a bit more than £1,000.

 

Seriously?

 

:lol:

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He may well have done. The list simply states that he is one person who has donated "£1000 or more".

 

I really wish we could get some clarity on these funds and the scenario's involved with how they will pan out.

 

One point that makes me very suspicious is that they have asked for them to be addressed to Dave Jones, but we all know that is in effect the Administrator. I can see both pros and cons for these donations but would like to know none of these monies will end up in the administrators pockets, either directly or indirectly. And equally with ticket revenue, is that exempt from the administrator's pocket either in/directly?

 

Everyone seems to be commenting on what a decent person this Mr Fry is, but my experiences have shown them to be nothing but the opposite. We have all heard of actual cases where clients have called their solicitor to thank them, only to be subsequently charged £50 for the response. Well notch that up a turn or two and you get to administrators, with charges that make solicitors shake their heads.

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I really wish we could get some clarity on these funds and the scenario's involved with how they will pan out.

 

One point that makes me very suspicious is that they have asked for them to be addressed to Dave Jones, but we all know that is in effect the Administrator. I can see both pros and cons for these donations but would like to know none of these monies will end up in the administrators pockets, either directly or indirectly. And equally with ticket revenue, is that exempt from the administrator's pocket either in/directly?

 

Everyone seems to be commenting on what a decent person this Mr Fry is, but my experiences have shown them to be nothing but the opposite. We have all heard of actual cases where clients have called their solicitor to thank them, only to be subsequently charged £50 for the response. Well notch that up a turn or two and you get to administrators, with charges that make solicitors shake their heads.

 

I never have, accept for in the apocryphal land of internet/tabloid nonsense.

 

Any solicitor who does that is either a small-time shyster or an idiot.

 

Begbies Traynor are a respected insolvency practice, not a two-bit bunch of rip-off merchants. Yes, they, along with lawyers, might be seen to be expensive but their charges will be fair and proper.

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I never have, accept for in the apocryphal land of internet/tabloid nonsense.

 

Any solicitor who does that is either a small-time shyster or an idiot.

 

Begbies Traynor are a respected insolvency practice, not a two-bit bunch of rip-off merchants. Yes, they, along with lawyers, might be seen to be expensive but their charges will be fair and proper.

 

Yes if we can get away from tabloid simple mindedness it probably would help.

 

I do think that it would help if we were told whether or not extra revenue is actually needed to see us through the season though. Crouch seems to be saying one thing and Fry another. I would hate to think that those donations end up in Barclays' coffers.

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Yes if we can get away from tabloid simple mindedness it probably would help.

 

I do think that it would help if we were told whether or not extra revenue is actually needed to see us through the season though. Crouch seems to be saying one thing and Fry another. I would hate to think that those donations end up in Barclays' coffers.

 

I think they are in a bit of a pickle because of the FA rules really.

 

They are probably worried about making some sort of public statement that prejudices the case against avoiding the points deduction.

 

It seems rather odd to claim on the one hand that the club is solvent and so no points should be deducted, but on the other that it needs to be gifted £500,000 in the next month to survive. Surely that indicates that it is, unless extraordinary funds are received, unable to pay its debts as they fall due: ie. insolvent.

 

Let's face it - we're going down and we'll get a points penalty. If we get a new buyer then good - a fresh start.

 

I fail to see what difference donations are going to make in the meantime.

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Originally Posted by up and away viewpost.gif

I really wish we could get some clarity on these funds and the scenario's involved with how they will pan out.

 

One point that makes me very suspicious is that they have asked for them to be addressed to Dave Jones, but we all know that is in effect the Administrator. I can see both pros and cons for these donations but would like to know none of these monies will end up in the administrators pockets, either directly or indirectly. And equally with ticket revenue, is that exempt from the administrator's pocket either in/directly?

 

Everyone seems to be commenting on what a decent person this Mr Fry is, but my experiences have shown them to be nothing but the opposite. We have all heard of actual cases where clients have called their solicitor to thank them, only to be subsequently charged £50 for the response. Well notch that up a turn or two and you get to administrators, with charges that make solicitors shake their heads.

I never have, accept for in the apocryphal land of internet/tabloid nonsense.

 

Any solicitor who does that is either a small-time shyster or an idiot.

 

Begbies Traynor are a respected insolvency practice, not a two-bit bunch of rip-off merchants. Yes, they, along with lawyers, might be seen to be expensive but their charges will be fair and proper.

 

"might be seen to be expensive but their charges will be fair and proper"

 

This has to be the understatement of the year!

 

In case you are unaware, just look at this thread for an indication of charges made by administrators http://www.saintsweb.co.uk/forum/showthread.php?t=12007

Just for you simple filing clerk is £110/ hour and that does not even mean it has to be a complete hour. So what is this unique ability the administrator has? They don't go looking for buyers, that they leave to others and charge accordingly, all they do is is take their hugely inflated slice of what remaining cake there is and divide what ever is left between the creditors. There are licences to print money and this one has to be near the top of the tree.

 

And if you think solicitors charges are just Internet myth, go and look for yourself and you will find them readily. http://www.timesonline.co.uk/tol/money/article1143657.ece

These solicitors are mere amateurs in comparison to charges made by administrators.

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"might be seen to be expensive but their charges will be fair and proper"

 

This has to be the understatement of the year!

 

In case you are unaware, just look at this thread for an indication of charges made by administrators http://www.saintsweb.co.uk/forum/showthread.php?t=12007

Just for you simple filing clerk is £110/ hour and that does not even mean it has to be a complete hour. So what is this unique ability the administrator has? They don't go looking for buyers, that they leave to others and charge accordingly, all they do is is take their hugely inflated slice of what remaining cake there is and divide what ever is left between the creditors. There are licences to print money and this one has to be near the top of the tree.

 

And if you think solicitors charges are just Internet myth, go and look for yourself and you will find them readily. http://www.timesonline.co.uk/tol/money/article1143657.ece

These solicitors are mere amateurs in comparison to charges made by administrators.

 

I work in the professional services industry. I know what the charges are.

 

I'm not sure what you're talking about here. They don't do 5 minutes work and bill it as an hour.

 

Solicitors typically bill in 6 minute "units" so 1 unit = 1/10th of their hourly rate (although some US firms do take the **** a bit by using 15 minute units).

 

As for the anecdotal story in the Times - they firm isn't named so who knows who it was. Maybe it was one of the two-bit shysters I referred to?

Edited by benjii
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Ironic that Askham has put in £1,000? And wants it to be known that he has...

 

I understand your point about Askham,and many people's loathing of him but at the very least he has made a donation of or in excess of £1,000.00.

 

A name conspicuous by abscence is Lawrie.I have always been a great supporter of him but find this a bit galling to say the least given the career that he has made at SFC.Of course it is entirely possible that he has made a donation and does not wish it to be made public but that seems a little unlikely to me.

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I understand your point about Askham,and many people's loathing of him but at the very least he has made a donation of or in excess of £1,000.00.

 

A name conspicuous by abscence is Lawrie.I have always been a great supporter of him but find this a bit galling to say the least given the career that he has made at SFC.Of course it is entirely possible that he has made a donation and does not wish it to be made public but that seems a little unlikely to me.

 

You obviously don't hold Lawrie in high regard do you?

 

:D:D

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You obviously don't hold Lawrie in high regard do you?

 

:D:D

 

I do hold Lawrie in a high regard,for what he achieved at Saints, and in many ways wish he was still involved in the club in some capacity.

 

He has been very quick to offer words of support. In our current crisis though it would be encouraging - and pleasing - to see such an icon shown and named as 'giving something back ' to the club which enabled him to make his name.

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I work in the professional services industry. I know what the charges are.

 

I'm not sure what you're talking about here. They don't do 5 minutes work and bill it as an hour.

 

Solicitors typically bill in 6 minute "units" so 1 unit = 1/10th of their hourly rate (although some US firms do take the **** a bit by using 15 minute units).

 

As for the anecdotal story in the Times - they firm isn't named so who knows who it was. Maybe it was one of the two-bit shysters I referred to?

 

For what its worth...

 

At my current firm I record my time in hours with 2 decimal places so the shortest amount of time that I can record is 0.01 of an hour or 0.6 of a min.

 

At my previous firm each out was divided into 10 "units" of 6 mins.

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I think they are in a bit of a pickle because of the FA rules really.

 

They are probably worried about making some sort of public statement that prejudices the case against avoiding the points deduction.

 

It seems rather odd to claim on the one hand that the club is solvent and so no points should be deducted, but on the other that it needs to be gifted £500,000 in the next month to survive. Surely that indicates that it is, unless extraordinary funds are received, unable to pay its debts as they fall due: ie. insolvent.

 

Let's face it - we're going down and we'll get a points penalty. If we get a new buyer then good - a fresh start.

 

I fail to see what difference donations are going to make in the meantime.

 

Yes pretty much what I was thinking, although I imagine the penalty could be quite severe if we defaulted on our fixtures but then again we still don't really know how dire the finances are.

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Yes pretty much what I was thinking, although I imagine the penalty could be quite severe if we defaulted on our fixtures but then again we still don't really know how dire the finances are.

 

 

Very, all we have is what is coming through the gate and the "donations"

We know that, Barclay's bounced cheques, those have to be paid up as well.

From the Charlton game we probably earned 12Kx£15,2Kx£24 and 4Kx£5

take out the VAT that means the funds are about 200K for the last 2 weeks, not even enough to meet the salary bill. Obviously there are some add ons,but as we'll get about 20K tomorrow then nothing else until the Burnley game on the 25th (when we'll already be down) we'll struggle to pay the players at the end of April.

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Very, all we have is what is coming through the gate and the "donations"

We know that, Barclay's bounced cheques, those have to be paid up as well.

From the Charlton game we probably earned 12Kx£15,2Kx£24 and 4Kx£5

take out the VAT that means the funds are about 200K for the last 2 weeks, not even enough to meet the salary bill. Obviously there are some add ons,but as we'll get about 20K tomorrow then nothing else until the Burnley game on the 25th (when we'll already be down) we'll struggle to pay the players at the end of April.

 

Am I alone in being very confused by this?

 

Leaving to one side the 'are we SLH or SFC debate', if the club have had cheques bounced, surely we are already insolvent even before any donations have been made. I realise that any 'sales orders' made at the Administrators behest are guaranteed payment but where is this money coming from? Presumably Barclays' have temporarily extended their facility?

 

If this is the case, why the need for donations?

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Am I alone in being very confused by this?

 

Leaving to one side the 'are we SLH or SFC debate', if the club have had cheques bounced, surely we are already insolvent even before any donations have been made. I realise that any 'sales orders' made at the Administrators behest are guaranteed payment but where is this money coming from? Presumably Barclays' have temporarily extended their facility?

 

If this is the case, why the need for donations?

 

Barclay's have probably not extended the facility in any way shape or form, that would be throwing good money after bad. Why would they do that, they pulled the plug, they're not suddenly going to start the funds flowing again.

The administrator said the club have funds till the end of the season, ie 3rd May but after that there's zilch. The donations are probably paying the bills,

doubt if Barclay's will.If there is no buyer the club will fold, the administrator said so.

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Rupert hasnt put in anything over £1000 yet then !!

 

Thought he said he would do anything to help in his nemerous press interviews ?

 

Oh well, perhaps his cheque bounced !!!!

 

 

I wouldn't hold your breath waiting for a donation from Rupes.

 

His representative on this board, Nineteen Canteen, is very much against the idea of SaveOurSaints (see his various posts on the subject) so I take it that Rupes is as well.

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I thought we had to find £500k by the end of the season?

 

Well perhaps 500K till the end of the season.But after that we would normally use ST sales to pay the salaries until August, ie 3 months. But if we haven't got a club we can't sell tickets so where are we going to get the summer fodder from?. The matter needs to be resolved within the next 10 days or so because I for one don't believe that donations and saveoursaintsing will lead to anywhere near the money to carry on until we get some revenue in August.

Our salary bill must be 500K a month, without counting non-playing staff or anything like that. So to get to August we need funds for May/June/July at least 1.5 million minimum, without travelling anywhere or paying for anything other than the contracted players salaries.

 

The time wasters need to clear the decks and let the admins get on with finding real funds.

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Well perhaps 500K till the end of the season.But after that we would normally use ST sales to pay the salaries until August, ie 3 months. But if we haven't got a club we can't sell tickets so where are we going to get the summer fodder from?. The matter needs to be resolved within the next 10 days or so because I for one don't believe that donations and saveoursaintsing will lead to anywhere near the money to carry on until we get some revenue in August.

Our salary bill must be 500K a month, without counting non-playing staff or anything like that. So to get to August we need funds for May/June/July at least 1.5 million minimum, without travelling anywhere or paying for anything other than the contracted players salaries.

 

The time wasters need to clear the decks and let the admins get on with finding real funds.

 

 

I agree, for all the good intentions, no supporters groups are likely to raise £500K by the end of the season.

 

In reality we just have to stand back and hope the Administrator can sell the club double quick as a going concern.

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I wouldn't hold your breath waiting for a donation from Rupes.

 

His representative on this board, Nineteen Canteen, is very much against the idea of SaveOurSaints (see his various posts on the subject) so I take it that Rupes is as well.

 

Tame you're making yourself look very, very stupid with your wildly inaccurate guesses but carry on if you must but be careful as turning assumptions into fact without evidence is a dangerous game. So for the record I am not and never have been a representative of Lowe or any other member of staff of SFC from the past to present. Please confirm you have read and understood this post or are we going to go down the whole Marland thing again.

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Could it be this

 

ABOUT BANDAI AMERICAEMPLOYMENTMEDIA / PRESSBANDAI FOUNDATIONCORPORATE STORYMEDIA / PRESS

 

Posted: 03.25.2009

 

Press Contact:

Stephanie Holbrook

The Rogers Group

(310) 552-4176

sholbrook@rogerspr.com

 

 

They manufacture popular toys

 

 

Tamagotchi and Epiphone® Launch "Wanna Be A Music Star" Sweepstakes

 

 

Bandai America Inc. Launches Sweepstakes Giving Kids the Opportunity to Make Their Dreams Come True

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Tame you're making yourself look very, very stupid with your wildly inaccurate guesses but carry on if you must but be careful as turning assumptions into fact without evidence is a dangerous game. So for the record I am not and never have been a representative of Lowe or any other member of staff of SFC from the past to present. Please confirm you have read and understood this post or are we going to go down the whole Marland thing again.

 

 

Taking the patronising tone doesn't suit you .. Jonathan :-) :-)

 

I think the phrase used was "spiteful and hateful little man."

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I dont care what has happened in the past. I am concerned for our existance. If Askham has put in £1,000 or more then great. I'd rather take his cash than us to no longer be a Club. Can we please stop points scoring and just be concerned about ensuring the Club stays afloat - surely that is the most important thing? What does this bickering achieve?

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Can I just say well done to bandai for putting up some cash. This is a massive toy company head-quatered somewhere in Japan (I think) but has supported this club in its hour of need.

Even in these tough times I'm surpried no other slightly more local organisation has found a £1000 to help.

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