Wade Garrett Posted 23 April, 2009 Share Posted 23 April, 2009 shouldn't the directors responsible be prosecuted? Link to comment Share on other sites More sharing options...
Mole Posted 23 April, 2009 Share Posted 23 April, 2009 Imagine being banged up in a cell with Rupert Lowe. No crime is bad enough to suffer that punishment. Although some on here would love it. Link to comment Share on other sites More sharing options...
Pancake Posted 23 April, 2009 Share Posted 23 April, 2009 What insolvency regulations Wade? Link to comment Share on other sites More sharing options...
Son of Bob Posted 23 April, 2009 Share Posted 23 April, 2009 What insolvency regulations Wade? That's officially what we've been docked points for. 'Breaking insolvency regulations'. Link to comment Share on other sites More sharing options...
Saint_clark Posted 23 April, 2009 Share Posted 23 April, 2009 Imagine being banged up in a cell with Rupert Lowe. No crime is bad enough to suffer that punishment. Although some on here would love it. Including me, though not for the reason you're thinking. :chain: Link to comment Share on other sites More sharing options...
derry Posted 23 April, 2009 Share Posted 23 April, 2009 I've just heard the administrator, there was an argument last week between Grant Thornton and SFC because GT was exceeding it's brief from the league. GT then walked out and submitted their report, that caused the the league's reaction. The message I'm getting from listening to Mark Fry, as the lawyers are looking at it in view of the fact the league are making it up as they go along, fur is about to fly. Link to comment Share on other sites More sharing options...
Torres Posted 23 April, 2009 Share Posted 23 April, 2009 That's officially what we've been docked points for. 'Breaking insolvency regulations'. Football League regualtions, presumably. Last time I checked, the Football League didn't have any prisons. Link to comment Share on other sites More sharing options...
Pancake Posted 23 April, 2009 Share Posted 23 April, 2009 That's officially what we've been docked points for. 'Breaking insolvency regulations'. Sorry, I might be being blind, but I cant see that in the article on the FL website. Link to comment Share on other sites More sharing options...
Wade Garrett Posted 23 April, 2009 Author Share Posted 23 April, 2009 Sorry, I might be being blind, but I cant see that in the article on the FL website. It's on the 'breaking news' ticker on SkySports News. Link to comment Share on other sites More sharing options...
Pancake Posted 23 April, 2009 Share Posted 23 April, 2009 It's on the 'breaking news' ticker on SkySports News. Bad use of words by them then. Link to comment Share on other sites More sharing options...
Wade Garrett Posted 23 April, 2009 Author Share Posted 23 April, 2009 Bad use of words by them then. Hence the 'If' on the original post. Link to comment Share on other sites More sharing options...
Pancake Posted 23 April, 2009 Share Posted 23 April, 2009 We also need to differentiate between Football League RULES and English LAWS, both referred to as regulations. Whilst we are bang to right, apparently, on breaking hte former; there has been nothing to say any director has acted illegally. Link to comment Share on other sites More sharing options...
Wade Garrett Posted 23 April, 2009 Author Share Posted 23 April, 2009 We also need to differentiate between Football League RULES and English LAWS, both referred to as regulations. Whilst we are bang to right, apparently, on breaking hte former; there has been nothing to say any director has acted illegally. If no laws have been broken, then obviously nobody should get prosecuted. Link to comment Share on other sites More sharing options...
Pancake Posted 23 April, 2009 Share Posted 23 April, 2009 Indeedy. Just being careful that SWF doesnt contain anything dodgy. Link to comment Share on other sites More sharing options...
Window Cleaner Posted 23 April, 2009 Share Posted 23 April, 2009 shouldn't the directors responsible be prosecuted? The league's statement says that the PLC was solvent and all it's grief comes from the FC. Link to comment Share on other sites More sharing options...
badgerx16 Posted 23 April, 2009 Share Posted 23 April, 2009 The league's statement says that the PLC was solvent and all it's grief comes from the FC. As asked on the main '10 point' thread : If SLH is solvent, as the FL state, why is it in administration ? Link to comment Share on other sites More sharing options...
Pancake Posted 23 April, 2009 Share Posted 23 April, 2009 As asked on the main '10 point' thread : If SLH is solvent, as the FL state, why is it in administration ? Because it is being crippled by the debts of the Football Club. Link to comment Share on other sites More sharing options...
Window Cleaner Posted 23 April, 2009 Share Posted 23 April, 2009 As asked on the main '10 point' thread : If SLH is solvent, as the FL state, why is it in administration ? because it's a parent company and parent have to assume the actions of their offspring so to speak. At some time last year the PLC and the FC were run by 2 different boards, some common members but a lot weren't. Link to comment Share on other sites More sharing options...
Nineteen Canteen Posted 23 April, 2009 Share Posted 23 April, 2009 I've just heard the administrator, there was an argument last week between Grant Thornton and SFC because GT was exceeding it's brief from the league. GT then walked out and submitted their report, that caused the the league's reaction. The message I'm getting from listening to Mark Fry, as the lawyers are looking at it in view of the fact the league are making it up as they go along, fur is about to fly. The football league as I understand it have a 'catch all' clause along the lines of not adhereing to the sporting spirit of the rules. IMO even the most blinkered Saints fan would have to acknowledge that our request for immunity from point penalties was not exactly in the spirit of the law as the holding company was in essence the club and effectively just pushing the club down a level of intercompany hierarchy. The league are not making it up that clause was there for a reason and rules on holding companies will be readdressed by them. Rules like laws evolve overtime and the only flying fur will probably be the rats fleeing the sinking ship. Link to comment Share on other sites More sharing options...
saintfully Posted 23 April, 2009 Share Posted 23 April, 2009 The football league as I understand it have a 'catch all' clause along the lines of not adhereing to the sporting spirit of the rules. IMO even the most blinkered Saints fan would have to acknowledge that our request for immunity from point penalties was not exactly in the spirit of the law as the holding company was in essence the club and effectively just pushing the club down a level of intercompany hierarchy. The league are not making it up that clause was there for a reason and rules on holding companies will be readdressed by them. Rules like laws evolve overtime and the only flying fur will probably be the rats fleeing the sinking ship. Exactly who are you trying to call rats? Link to comment Share on other sites More sharing options...
Nineteen Canteen Posted 23 April, 2009 Share Posted 23 April, 2009 Exactly who are you trying to call rats? Prospective owners disembarking now. We are looking less and less an attractive opposition. Start next season in L1 with -10 a near certainty, massive debts to repay, not to mention deferred salaries and we won't to increase our costs by going down the leagal route to tackle the FL? IMO that is total folly and wasting money on a technicality, can companies apply for LegaL Aid? Ramp up the costs before a buyout and we may get slapped with more point penalities for not clearing our debts in full and then where are we heading if we don't get there sooner. Nick Illingsworth on Sky likened our demise to the Titanic and it was an interesting and relevant analogy because many thought this club was still a Premiership club. BTW I thought Nick was very measured in his response and was a credit to the fans whereas Clive Foley simply represented everything that is wrong about the club. WTF is Clive Foley, launching into an embarrassing Lowe tirade in answering the first question. The presenters face spoke a thousand words if not only two. SISA IMO you are a disgrace and insult the club's fans by even suggesting you are representative of the majority of their views. Link to comment Share on other sites More sharing options...
eelpie Posted 23 April, 2009 Share Posted 23 April, 2009 shouldn't the directors responsible be prosecuted? Yes. Link to comment Share on other sites More sharing options...
eelpie Posted 23 April, 2009 Share Posted 23 April, 2009 Football League regualtions, presumably. Last time I checked, the Football League didn't have any prisons. They're called League 2 and lower. Link to comment Share on other sites More sharing options...
ladysaint Posted 23 April, 2009 Share Posted 23 April, 2009 shouldn't the directors responsible be prosecuted? The following directors should be prosecuted in my opinion and their assets seized. RL, MW, Askham, Jones, Cowan and the other bunch of idiots brought in by MW i.e. Hoos, Hone, Dulieu, Oldknow. Link to comment Share on other sites More sharing options...
beatlesaint Posted 23 April, 2009 Share Posted 23 April, 2009 The following directors should be prosecuted in my opinion and their assets seized. RL, MW, Askham, Jones, Cowan and the other bunch of idiots brought in by MW i.e. Hoos, Hone, Dulieu, Oldknow. Dont forget Mike Richards and that Windsor-Clive chappy ! Perhaps Mr Askham will give us a few of his thought in the Echo tomorrow......... Link to comment Share on other sites More sharing options...
Daren W Posted 23 April, 2009 Share Posted 23 April, 2009 Prospective owners disembarking now. We are looking less and less an attractive opposition. Start next season in L1 with -10 a near certainty, massive debts to repay, not to mention deferred salaries and we won't to increase our costs by going down the leagal route to tackle the FL? IMO that is total folly and wasting money on a technicality, can companies apply for LegaL Aid? Ramp up the costs before a buyout and we may get slapped with more point penalities for not clearing our debts in full and then where are we heading if we don't get there sooner. Nick Illingsworth on Sky likened our demise to the Titanic and it was an interesting and relevant analogy because many thought this club was still a Premiership club. BTW I thought Nick was very measured in his response and was a credit to the fans whereas Clive Foley simply represented everything that is wrong about the club. WTF is Clive Foley, launching into an embarrassing Lowe tirade in answering the first question. The presenters face spoke a thousand words if not only two. SISA IMO you are a disgrace and insult the club's fans by even suggesting you are representative of the majority of their views. ****ing unbelievable. Lowe and Wilde preside over this whole shambolic mess... You say nothing. Clive Foley quite rightly gets angry at the people who ****ed this club right royally and you throw a fit. You really are the biggest **** on this or any other messageboard... It's stepford fans like you that allowed Lowe to get away with so much for so long.... And you have a in at Clive? You complete and utter tosser... Link to comment Share on other sites More sharing options...
beatlesaint Posted 23 April, 2009 Share Posted 23 April, 2009 ****ing unbelievable. Lowe and Wilde preside over this whole shambolic mess... You say nothing. Clive Foley quite rightly gets angry at the people who ****ed this club right royally and you throw a fit. You really are the biggest **** on this or any other messageboard... It's stepford fans like you that allowed Lowe to get away with so much for so long.... And you have a in at Clive? You complete and utter tosser... Daren, its only a complete Dickhead like this that can appear to take any pleasure or comfort out of this situation by having a pop at a guy who, like most of us, pay decent money to follow our team. I'm sure the ignorant twot has no knowledge of the away trips Foley has run over the years.... Link to comment Share on other sites More sharing options...
Daren W Posted 23 April, 2009 Share Posted 23 April, 2009 Daren, its only a complete Dickhead like this that can appear to take any pleasure or comfort out of this situation by having a pop at a guy who, like most of us, pay decent money to follow our team. I'm sure the ignorant twot has no knowledge of the away trips Foley has run over the years.... I know but it just annoys the living **** out of me that Lowe and Wilde can absolutely ruin this club and ****s like 19c say nothing. Clive Foley throws a wobbly and it's the worst thing ever apparently.... It's a ****ing joke... If relegation rids us of pathetic plastic, internet morons like 19c them it's a bitter pill well worth swallowing. Clive Foley is worth 20 of him... Link to comment Share on other sites More sharing options...
Saintleigh Posted 23 April, 2009 Share Posted 23 April, 2009 Athought from the insurance world. If a director or officer of a club acts negligently then he/she could become liable for a personal claim for damages incurred because of the said negligence. Depending on the definition of Damages used, this couold include mental anguish and as supporters we have suffered this more than most. Class Action anyone? Link to comment Share on other sites More sharing options...
beatlesaint Posted 23 April, 2009 Share Posted 23 April, 2009 Athought from the insurance world. If a director or officer of a club acts negligently then he/she could become liable for a personal claim for damages incurred because of the said negligence. Depending on the definition of Damages used, this couold include mental anguish and as supporters we have suffered this more than most. Class Action anyone? You mean take out a claim against Lowe and Wilde ? yes please.....that bastard Lowe has caused me mental anguish far beyond any other individual in my lifetime !! Link to comment Share on other sites More sharing options...
Topcat Posted 23 April, 2009 Share Posted 23 April, 2009 Saintleigh Would they be negligent for delaying the putting of the business into administration bringing in the likelihood of a points deduction next season thus impairing the assets still further? Link to comment Share on other sites More sharing options...
Weston Super Saint Posted 23 April, 2009 Share Posted 23 April, 2009 Athought from the insurance world. If a director or officer of a club acts negligently then he/she could become liable for a personal claim for damages incurred because of the said negligence. Depending on the definition of Damages used, this couold include mental anguish and as supporters we have suffered this more than most. Class Action anyone? To be fair I'd have thought the players would have a better chance having had their level of income reduced.... Link to comment Share on other sites More sharing options...
Deano6 Posted 23 April, 2009 Share Posted 23 April, 2009 The penalty for incompetence is losing your job, not imprisonment. No law has been broken. Link to comment Share on other sites More sharing options...
Saintleigh Posted 23 April, 2009 Share Posted 23 April, 2009 Saintleigh Would they be negligent for delaying the putting of the business into administration bringing in the likelihood of a points deduction next season thus impairing the assets still further? If they "mis-judged" the position regarding holding company etc then quite possibly - they would be reasonably expected to know the rules and regulations they are obliged to abide by. By using the future value argument, I would imagine that this would only apply to the creditors e.g. Barclays & Norwich Union soon to be Aviva and any other bugger who we owe money to. The only problem that it would either be against the directors & therefore their personal wealth/assets or, if they have purchased Directors & Officers Liability cover, the relevant insurer. Lowe had/has an insurance background (I have seen Jubilee Motor Policies at Lloyds on a list of other directorships for the tosser and they are pretty crap as well) I would expect him/the club to arrange D&O cover but bearing in mind his usual "I can do no wrong" attitude he probably thinks he is exempt from such things. Sorry but as I have never paid the £5 this will be my last post of the day but as I feel a shed load of beer calling to assuage my pain thats probably not be a bad thing. One last comment - as long as we have a club next year I really don't give a flying **** about Lowe, Tory Boy Mawhinney or any of the other ******s that have contributed to the downfall of this essential part of me - SFC. Good night and God bless. COYR Link to comment Share on other sites More sharing options...
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