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A question for Fitzhugh Fella!


SOTONS EAST SIDE

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Do you think our almost certain relegation, is going to put the proposed new buyers that you know off buying Saints! :(

 

It will put off some - but were they, in the light of that, ever serious and even if they were, would we prosper with such "fickle" owners? Relegation can be overturned within 12 months - just look at Leicester.

 

If I was rich enough to be "in the bidding" it would not put me off - I would just hold back a bit and re-adjust my offer. I reckon (and I stress this is just my thoughts here) there is an elaborate game of "poker" taking place between Fry/the bank/Aviva/consortiums and the results of the games on a weekly basis, just re-arrange the stakes slightly.

 

If, any of the consortiums involve well-connected fans (and I think at least one does) then I like to think "a deal can be done" to stop us folding but it might (as happens in any game of poker) go down to the last deal or even the last card. That will be a worry.

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It will put off some - but were they, in the light of that, ever serious and even if they were, would we prosper with such "fickle" owners? Relegation can be overturned within 12 months - just look at Leicester.

 

If I was rich enough to be "in the bidding" it would not put me off - I would just hold back a bit and re-adjust my offer. I reckon (and I stress this is just my thoughts here) there is an elaborate game of "poker" taking place between Fry/the bank/Aviva/consortiums and the results of the games on a weekly basis, just re-arrange the stakes slightly.

 

If, any of the consortiums involve well-connected fans (and I think at least one does) then I like to think "a deal can be done" to stop us folding but it might (as happens in any game of poker) go down to the last deal or even the last card. That will be a worry.

 

Mexican stand off or he who blinks first?

 

Good Lord! They're playing with our emotions here, don't they realise this?

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It will put off some - but were they, in the light of that, ever serious and even if they were, would we prosper with such "fickle" owners? Relegation can be overturned within 12 months - just look at Leicester.

 

If I was rich enough to be "in the bidding" it would not put me off - I would just hold back a bit and re-adjust my offer. I reckon (and I stress this is just my thoughts here) there is an elaborate game of "poker" taking place between Fry/the bank/Aviva/consortiums and the results of the games on a weekly basis, just re-arrange the stakes slightly.

 

If, any of the consortiums involve well-connected fans (and I think at least one does) then I like to think "a deal can be done" to stop us folding but it might (as happens in any game of poker) go down to the last deal or even the last card. That will be a worry.

 

I would think there is almost bound to be a game of poker going on. Everyone knows you don't bid on eBay until the last possible minute. It's not that different.

 

I can't help but think that Leon is in there somewhere too.

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If, any of the consortiums involve well-connected fans (and I think at least one does) then I like to think "a deal can be done" to stop us folding but it might (as happens in any game of poker) go down to the last deal or even the last card. That will be a worry.

 

Lifelongsaint and Saint David?

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FF, based on what you know when do you think we will get some form of announcement that a deal has been done or is very close?

 

I accept that your answer will be at best an educated guess.

 

At the season's conclusion!

 

I gather a "leading player" has been away on holiday. I think for a deal to be concluded any prospective purchaser would need to know two things before progressing with any confidence.

1) what Division we are going to be in next year and

2) is it with or without a 10 point deduction.

 

Personally I predict we will be relegated but I don't think we will suffer the -10.

 

For those reasons I believe we are still a way from being rescued - certainly not "very close" to some sort of announcement that can put us out of our misery. Sorry.

 

Also I am not ITK - anyone remotely likely to be "taking us over" by now have signed up to NDAs and quite correctly are not shoving info around. All my views are now based on 2 week old info and a hunch or two. Can't be any more honest than that.

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Personally I predict we will be relegated but I don't think we will suffer the -10.

 

For what it's worth i think if we are relegated we won't see the points deduction, but if we stay up we will. Why? Because Norwich have a director on the Football Leagues panel and he'll force it through to save his own club the drop.

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Lifelongsaint and Saint David?

 

Periphary (hope that is spelt right?)

 

You are joking right - if that is the best that we can hope for, then I seriously fear for the future. I only hope that the periphery boundary is a 500 mile radius of Southampton.

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For what it's worth i think if we are relegated we won't see the points deduction, but if we stay up we will. Why? Because Norwich have a director on the Football Leagues panel and he'll force it through to save his own club the drop.

 

No chance of that, the league are on dodgy legal ground and if they were that stupid, it would open up a massive legal can of worms.

 

In any event no football club can sue the football authorities they have waived that right to enter.

 

If it's asset is damaged financially in contravention of league rules, as the club is not in administration, SLH could sue the pants off the league and the FA if they step in.

 

This is dodgy for the league that is why lawyers and accountants are going through our books and records at the moment, to try and prove that the club and the public company are one and the same. Unless they prove that to the satisfaction of the lawyers there is no way the 10 point deduction will happen.

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It will put off some - but were they, in the light of that, ever serious and even if they were, would we prosper with such "fickle" owners? Relegation can be overturned within 12 months - just look at Leicester.

 

If I was rich enough to be "in the bidding" it would not put me off - I would just hold back a bit and re-adjust my offer. I reckon (and I stress this is just my thoughts here) there is an elaborate game of "poker" taking place between Fry/the bank/Aviva/consortiums and the results of the games on a weekly basis, just re-arrange the stakes slightly.

 

If, any of the consortiums involve well-connected fans (and I think at least one does) then I like to think "a deal can be done" to stop us folding but it might (as happens in any game of poker) go down to the last deal or even the last card. That will be a worry.

 

..As long as that last card isn't a joker.

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The Holding company is in Administration. The football club isn't (yet).

So who actually owns it? I thought the stadium was "owned" by yet another of SLH's companies. So who owns that?

 

What are the holding company's other assets? What happened to Retirement? Did that disappear as an entity at reverse take-over, or not?

 

Can Fry actually deal with the sale of the football club separately from the sale (or otherwise) of the holding company? In other words, is SFC (and the other associated companies) a wholly-owned subsidiary/ies of SLH?

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The Holding company is in Administration. The football club isn't (yet).

So who actually owns it? I thought the stadium was "owned" by yet another of SLH's companies. So who owns that?

 

What are the holding company's other assets? What happened to Retirement? Did that disappear as an entity at reverse take-over, or not?

 

Can Fry actually deal with the sale of the football club separately from the sale (or otherwise) of the holding company? In other words, is SFC (and the other associated companies) a wholly-owned subsidiary/ies of SLH?

 

As I understand it:

 

SLH owns the only shares in SFC Ltd and SMS Ltd - but where it gets complicated is in who owns the other assettts, Jacksons Farm, Staplewood and player registrations etc...

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..As long as that last card isn't a joker.

 

 

....with Rupert's face on it.

 

Seriously, the thought of Rupert gaining the whole club from administrators after fans have party with hard-earned money to keep the club running would be just sickening.

 

BTW, I dont think this will happen but as we all know it is possible.

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Any purchaser will not get the same ROE if we are in the 3rd Tier of English Football as against the 2nd. It follows therefore, that they will not pay the same price for the assets as they would previously.

 

 

I was ridiculed for saying this on another thread early last week, now this is generally accepted and actually appears on the OS article about the Legends event last week.

 

I would go as far as suggesting that if we are relegated next weekend after the Burnley game it will speed things up quite considerably. I would also expect some of the potential buyers to fall away to leave serious bidders.

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....with Rupert's face on it.

 

Seriously, the thought of Rupert gaining the whole club from administrators after fans have party with hard-earned money to keep the club running would be just sickening.

 

BTW, I dont think this will happen but as we all know it is possible.

 

I would hate this to happen - we need a NEW start that everyone can get behind..

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Just like FF says...nothing is going to happen until our fate is sealed 100%

 

Maybe that's why the players have seemingly given up then...? i.e. the sooner we get relegated the quicker the administrator can shift the club.

 

I knew there'd be a perfectly rational explanation for the abjectly poor performance on Saturday.

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....with Rupert's face on it.

 

Seriously, the thought of Rupert gaining the whole club from administrators after fans have party with hard-earned money to keep the club running would be just sickening.

 

BTW, I dont think this will happen but as we all know it is possible.

 

Lowe won't be coming back for a third time. He knows the games up for him at Saints.

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From my position I would be making an offer on worst case scenario.That is relegated with a -10 point deduction.That way you can only be on a winner if there is an upside.

Another sobering thought came when I was watching the sunday supllement on Sky, it mentioned how B'mouth when they went into admin sold their stadium and now it is owned by new owners.The club rent the ground back to play games but all the revenue for corpoate entertainment and if they happen to have any other events the money goes to the stadium owners.That is a massive revenue stream lost to the club in the summer.

Administration a good thing???

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From my position I would be making an offer on worst case scenario.That is relegated with a -10 point deduction.That way you can only be on a winner if there is an upside.

Another sobering thought came when I was watching the sunday supllement on Sky, it mentioned how B'mouth when they went into admin sold their stadium and now it is owned by new owners.The club rent the ground back to play games but all the revenue for corpoate entertainment and if they happen to have any other events the money goes to the stadium owners.That is a massive revenue stream lost to the club in the summer.

Administration a good thing???

 

Totally agree nick...But when needs must and all that....Let us hope we have something at least.;)

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Methinks you will live to regret saying that .........

 

I don't. Lowe is finished and i think that's why he waited a week before putting us into administration. A bit like a spoilt brat who takes his ball home.

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At the season's conclusion!

 

I gather a "leading player" has been away on holiday. I think for a deal to be concluded any prospective purchaser would need to know two things before progressing with any confidence.

1) what Division we are going to be in next year and

2) is it with or without a 10 point deduction.

 

Personally I predict we will be relegated but I don't think we will suffer the -10.

 

For those reasons I believe we are still a way from being rescued - certainly not "very close" to some sort of announcement that can put us out of our misery. Sorry.

 

Also I am not ITK - anyone remotely likely to be "taking us over" by now have signed up to NDAs and quite correctly are not shoving info around. All my views are now based on 2 week old info and a hunch or two. Can't be any more honest than that.

 

That confirms it must be Lowe then (remember January?).... Oh FFS Noooooooooooo!!!!!

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That confirms it must be Lowe then (remember January?).... Oh FFS Noooooooooooo!!!!!

 

Does the League have the right to ratify new owners?

 

If so, Rupert has no chance after splattering egg all over their faces.

 

But I don't think he has a chance anyway.

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Really worrying that one of the so-called "serious" consortia contains a completely discredited muppet who managed to not be able to even take over Bournemouth and let two complete chancers in the door there.

 

Periphery or not, that is a massive concern.

 

Plus now people hinting either Crouch or Lowe might be hovering - NO NO NO NO.

 

This club needs a fresh start, and one that doesn't involve a fat bankrupt copier salesman.

 

Where is he who would not let the club disappear?

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Do a helluva lot worse imo.

 

Indeed. Harry Redknapp knows football, he's done great things with all of his clubs except us, that's because amateurs were tinkering and pulling handles just to see what would happen if they did, or because they just couldn't help doing it, like those old bags who have to meddle in everything and anything.

We wasted the talents of one of football's finest managers, more fools us.

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Indeed. Harry Redknapp knows football, he's done great things with all of his clubs except us, that's because amateurs were tinkering and pulling handles just to see what would happen if they did, or because they just couldn't help doing it, like those old bags who have to meddle in everything and anything.

We wasted the talents of one of football's finest managers, more fools us.

 

Hmm. How many clubs did he leave in financial difficulty? Every one?

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Hmm. How many clubs did he leave in financial difficulty? Every one?

 

It's hardly fair to blame the manager for that per se.

 

If he's not delivering value for money, then yes he should be criticised, but it's incumbent upon his seniors to either reign him in or get rid. His first and only priority is delivering the best football team with the resources available. If the resources made available are excessive, that's not his fault.

 

Likewise, Burley wasted a lot of money through inexplicable team selections and poor signings and should be criticised but it's not within his purview to justify our balance sheet or P&L.

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It's hardly fair to blame the manager for that per se.

 

If he's not delivering value for money, then yes he should be criticised, but it's incumbent upon his seniors to either reign him in or get rid. His first and only priority is delivering the best football team with the resources available. If the resources made available are excessive, that's not his fault.

 

Likewise, Burley wasted a lot of money through inexplicable team selections and poor signings and should be criticised but it's not within his purview to justify our balance sheet or P&L.

 

 

What I see of Redknapp is 42 points from 23 games at Tottenham in the Premier League, that's bloody good going.

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