OldNick Posted 1 May, 2009 Share Posted 1 May, 2009 It is something we are not privvy to, but the costs of running the Saints must be drawing down on the little we had left. I was always of the view that it would go to the wire but as the hours past with no news i get slightly more concerned at no news of a takeover. Lets hope Dubai Phil who is flying across now has a Arab investor alongside him to buy us up Link to comment Share on other sites More sharing options...
SaintDonkey Posted 1 May, 2009 Share Posted 1 May, 2009 3 days is I believe the time elapsed adjusted number quoted, although I'm not sure whether that's 3 working days or not. Sometime next week anyway. Time for a very black sweepstake. I'll take 8 am Tuesday morning for Saints winding up. Link to comment Share on other sites More sharing options...
ottery st mary Posted 1 May, 2009 Share Posted 1 May, 2009 Uncle Leon is sticking by us in our time of need. Thank God...Sorry not you Rupert old thing..The real one. According to jonah his other friend Mike Richards has given to the cause...So if true good on him for helping Uncle Leon and The Mighty Saints. New Investors very soon. 0900 hrs Tuesday announced for take off Link to comment Share on other sites More sharing options...
Scummer Posted 1 May, 2009 Share Posted 1 May, 2009 Can't we sell Surman and maybe others on Monday to give us more time? Transfer window is closed isn't it? Link to comment Share on other sites More sharing options...
aintforever Posted 1 May, 2009 Share Posted 1 May, 2009 Do we know for certain that Barclays are not giving Mr Fry more of an overdraft to play with? Seems strange that they should appoint an administrator only to force the club to fold a few weeks later. What do Barclays have to gain through killing SFC, surely it's in everyone's interests to keep the club running until a buyer is found? Link to comment Share on other sites More sharing options...
CB Fry Posted 1 May, 2009 Share Posted 1 May, 2009 The sooner the money runs out, the sooner we get an eleventh hour deal. Crouch putting money in to salve his own ego is just slowing everything down. Link to comment Share on other sites More sharing options...
thorpie the sinner Posted 1 May, 2009 Share Posted 1 May, 2009 Uncle Leon is sticking by us in our time of need. Thank God...Sorry not you Rupert old thing..The real one. According to jonah his other friend Mike Richards has given to the cause...So if true good on him for helping Uncle Leon and The Mighty Saints. New Investors very soon. 0900 hrs Tuesday announced for take off Sorry, what are they taking off on Tues at 9am? Link to comment Share on other sites More sharing options...
SaintDonkey Posted 1 May, 2009 Share Posted 1 May, 2009 There is the issue of the players wages. If I understand the system correctly then the PFA pays the wages of any club that is in administration and unable to guarantee the players will get paid. They are already paying wages at Darlington, Stockport, Chester and Bournemouth http://www.dailymail.co.uk/sport/football/article-1165564/Union-pay-players-wages-Darlington-Stockport-Chester-Bournemouth-12-clubs-face-administration.html Of course Southampton FC isn't in administration, so the PFA aren't paying the wages. But the league has docked us points, so they consider us to be in administration. In which case the PFA would owe us a very handy £130k wouldn't they? Link to comment Share on other sites More sharing options...
broncoboy Posted 1 May, 2009 Share Posted 1 May, 2009 The sooner the money runs out, the sooner we get an eleventh hour deal. Crouch putting money in to salve his own ego is just slowing everything down. You couldnt make this comment up! The bastard putting money into the club jsut wjen we are nearly broke. What a **** Link to comment Share on other sites More sharing options...
trousers Posted 1 May, 2009 Share Posted 1 May, 2009 Sorry, what are they taking off on Tues at 9am? Trousers Link to comment Share on other sites More sharing options...
aintforever Posted 1 May, 2009 Share Posted 1 May, 2009 Just means people can't play. They can't stop clubs doing deals. Never understand why deals are done and ready for jan 1st for instance. But the season will be over, so the window is open again. Those players just can't take part in the playoffs. Still, it would be yet another downside to the window if it meant clubs going out of business as they can't sell. Is there an up side to it? If the club folds then all the players can leave for nothing, that's why it won't fold until the transfer window opens at the earliest. Even then the buying clubs would just wait until the club folded instead of paying fees. Link to comment Share on other sites More sharing options...
ottery st mary Posted 1 May, 2009 Share Posted 1 May, 2009 You couldnt make this comment up! The bastard putting money into the club jsut wjen we are nearly broke. What a **** AND that Mikey Richards..according to jonah..Bless em both. Scandalous obstruction of a possible takeover about to happen...Come on Uncle Leon and Uncle Mikey behave or else. Link to comment Share on other sites More sharing options...
trousers Posted 1 May, 2009 Share Posted 1 May, 2009 (edited) Do we know for certain that Barclays are not giving Mr Fry more of an overdraft to play with? Seems strange that they should appoint an administrator only to force the club to fold a few weeks later. What do Barclays have to gain through killing SFC, surely it's in everyone's interests to keep the club running until a buyer is found? The administrator was appointed by the outgoing SLH board, not by Barclays.... "The Board announces today that it has appointed Mark Fry and David Hudson of Begbies Traynor (South) LLP as joint administrators to the Company." Full LSE announcement available here: http://www.londonstockexchange.com/LSECWS/IFSPages/MarketNewsPopup.aspx?id=2127610&source=RNS Edited 1 May, 2009 by trousers Link to comment Share on other sites More sharing options...
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