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When Will We Get Some Positive News?


paulwantsapint

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WHEN WE HAVE SOME POSITIVE NEWS ABOUT THE CLUB MOVING FORWARD?

 

I look forward to hearing some news that is set in stone not some ITK unfounded rumour

 

Can,t Mr Fry let everyone/ anyone interested in the club to get their back sides in gear & make their move ASAP

 

Or is there an idea to play the charity match collect as much cash as poss to pay some debts then get taken over?

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ive been expecting to hear something for the last 2 weeks, for a club so in danger of going out of business completely its seems to be taking a long time to finish.

 

i was of the opinion that the original statement that we as a club were seriously in a precarious potion was just a means to get people active and that there is little chance of the club folding, the extra hype would increase media coverage but this is dragging on too much and as it seems that a lot of the supposedly interested partys have started to talk to the media the NDA that were supposed to be in place are irrelevant.

 

if this is the case(and it would seem it is) MR FRY please start to open your mouth and let us know whats going on, i dont care about any other partys involvement, this is OUR club and WE want to know whats going on!!!!

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ive been expecting to hear something for the last 2 weeks, for a club so in danger of going out of business completely its seems to be taking a long time to finish.

 

i was of the opinion that the original statement that we as a club were seriously in a precarious potion was just a means to get people active and that there is little chance of the club folding, the extra hype would increase media coverage but this is dragging on too much and as it seems that a lot of the supposedly interested partys have started to talk to the media the NDA that were supposed to be in place are irrelevant.

 

if this is the case(and it would seem it is) MR FRY please start to open your mouth and let us know whats going on, i dont care about any other partys involvement, this is OUR club and WE want to know whats going on!!!!

 

agreed but let's not forget Fry's job is not to find us an investor it is instead to get as much as possible for the creditors.

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My take on it all is that the current silence has to be positive. Fry set the start of last week as a D-Day for the clubs survival, that has come and gone and there is little desperate appealing from Fry so we can only assume that there is at least 1 acceptable offer on the table.

 

I'm guessing that he is playing them off one another to get the best deal for the banks.

 

Or I could be completely wrong and we're about to go bust but Fry's prolonging it all because he's getting paid a fortune and is living at the De Vere, hiring hookers at the club's expense.

Edited by aintforever
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My take on it all is that the current silence has to be positive. Fry set the start of last week as a D-Day for the clubs survival, that has come and gone and there is little desperate appealing from Fry so we can only assume that there is at least 1 acceptable offer on the table.

 

I'm guessing that he is playing them off one another to get the best deal for the banks.

 

Or I could be completely wrong and we're about to go bust but Fry's prolonging it all because he's getting paid a fortune and is living at the De Vere, hiring hookers at the club's expense.

Source???:)

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agreed but let's not forget Fry's job is not to find us an investor it is instead to get as much as possible for the creditors.

 

But if he leaves it too long then it becomes liquidation and any chance of a decent return for the creditors is lost?

 

Which is why I have some faith in what Mr Fry is trying to achieve.

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I thought it was minus another 15 points if we didn't sort it out by this weekend. So I assume we'll get the further deduction this week sometime?

 

 

 

I think that's a bit of an urban myth actually.

 

Someone told me today that in the event of a club going out of business and reforming a 2 division drop is the penalty .So if we did fold and really restart we

could (in theory) start in the conference.

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I thought it was minus another 15 points if we didn't sort it out by this weekend. So I assume we'll get the further deduction this week sometime?

 

So next week it is either good news or bad news on a buyer and good news or bad news on points deduction.....this is going to be some week in the history of our club!

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I think that's a bit of an urban myth actually.

 

Someone told me today that in the event of a club going out of business and reforming a 2 division drop is the penalty .So if we did fold and really restart we

could (in theory) start in the conference.

 

Hence the blue square enquiry?

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I thought it was minus another 15 points if we didn't sort it out by this weekend. So I assume we'll get the further deduction this week sometime?

 

I thought it was -15 if a CVA is not agreed in time for next season.

 

the worrying thing is I think every club that has gone into admin since the new rules has had the -15 as well as the -10. I doubt we will be an exception.

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The points penalty only applies if we come out of administration without an agreed CVA. It doesn't need to be agreed before the season starts!

 

And as the fc isn't in admin, I don't see why there would be a -15. Simply fold SLH and start a new co. Then again, I didn't think we should get the original -10, so I obviously know very little.

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The points penalty only applies if we come out of administration without an agreed CVA. It doesn't need to be agreed before the season starts!

 

Or here's a thought MLT/Pinnacle or any of the others who buy us have got the right legal folk to over turn the decision......:rock:

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Or here's a thought MLT/Pinnacle or any of the others who buy us have got the right legal folk to over turn the decision......:rock:

 

Don't think it's a legal issue, the Football League can make their rules up as they go along if they want. They could quite easily say "your club badge has a **** tree in the middle - minus 20".

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The points penalty only applies if we come out of administration without an agreed CVA. It doesn't need to be agreed before the season starts!

 

But.. A CVA is only needed for companies in administration..

 

We keep getting told that the football club isn't in administration.

 

Yes we got our 10 point deduction because we were linked to our holding company but surely if we are sold as an asset that links gone? :rolleyes:

 

No doubt the FL will look into this closely and try to pick out anything to make us get a CVA. :mad:

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Perhaps we haven't heard anything because there is nothing to hear. Perhaps (despite all the so called ITK'er posting here) there is actually nobody seriously interested in the club.

 

The very fact that a certain name has reared it's head recently leads me to worry about the quality of buyers with serious interest in us.

 

People often ask whether we have reached rock bottom yet - you would think that we are there now, however, after recent events I'm beginning to think that it is going to get a whole lot worse before it gets better. Oh well - administration is a good thing - so I have been told.

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Perhaps we haven't heard anything because there is nothing to hear. Perhaps (despite all the so called ITK'er posting here) there is actually nobody seriously interested in the club.

 

The very fact that a certain name has reared it's head recently leads me to worry about the quality of buyers with serious interest in us.

 

People often ask whether we have reached rock bottom yet - you would think that we are there now, however, after recent events I'm beginning to think that it is going to get a whole lot worse before it gets better. Oh well - administration is a good thing - so I have been told.

 

I am a little surprised that Fry has gone quiet because he gave regular updates on the OS, programme, Echo etc, etc.. when he first took over the project !

Anyway, tomorrow starts another week and we shall see !

Been saying this for yonks now but they can't make us endure this pain forever, can they ???

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Perhaps we haven't heard anything because there is nothing to hear. Perhaps (despite all the so called ITK'er posting here) there is actually nobody seriously interested in the club.

 

The very fact that a certain name has reared it's head recently leads me to worry about the quality of buyers with serious interest in us.

 

People often ask whether we have reached rock bottom yet - you would think that we are there now, however, after recent events I'm beginning to think that it is going to get a whole lot worse before it gets better. Oh well - administration is a good thing - so I have been told.

got to agree micky at the moment i think we are justing clutching at straws, i just hope we do not go to the wall, i fear the worst.
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I was in opinion Saints only raised £130k through the SOS trust when we needed 500k to just make the Forrest fixture I do realise that the last home games generated a small amount due to the capacity being in the 20k-25k margin but with Rasiak and John who are now back on the wage bill, how can we still be running a week after the Forrest game?

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agreed but let's not forget Fry's job is not to find us an investor it is instead to get as much as possible for the creditors.

 

yea i know and agree fitz. but wouldn't you agree that the 2 are not mutually exclusive.

 

we dont know that those in the press recently are actually the ones who have gone through 'due diligence' but if they are surely more information should be available to the fans and if they arent a statement saying that they arent surely isnt going to breach any NDA

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yea i know and agree fitz. but wouldn't you agree that the 2 are not mutually exclusive.

 

we dont know that those in the press recently are actually the ones who have gone through 'due diligence' but if they are surely more information should be available to the fans and if they arent a statement saying that they arent surely isnt going to breach any NDA

 

I don't thin Mark Fry cares about the fans at all.

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I don't thin Mark Fry cares about the fans at all.

 

Why should he? It's nothing to do with him. He has no interest in posting propoganda nonsense on the OS, nor is he obliged to try and make the fans feel better.

 

He's only got one job and you could interpret the relative silence in one of two ways, here's hoping it's in the no news is good news way and not the lack of decent offer being received way.

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I don't thin Mark Fry cares about the fans at all.

 

I don't know if thats right tbh.

 

He seemed pretty ticked off about us getting a point deduction when in fact he isn't a footballing man is he?

 

And seemed to be in a good mood with the turnouts we had for the last 3 home games.

 

I just hope this all gets revolved whilst I am at home and not in college. I would hate to be sat there and hear the news that we have gone bust. It would be such a punch in the balls.

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I remains a worry that his brief is to the creditors. Obviously they have a perfect right to be more concerned at a successful outcome than we, as fans, do. The problem I'm so concerned about is this; does getting the best deal require him to put a hypothetical LLS consortium ahead of any other because they, in their lack of judgement, have offered more than can be reasonably justified by the other consortia, due to their(read LLS) flamboyant approach? A good outcome for the creditors, but possibly disastrous for SFC.

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but with Rasiak and John who are now back on the wage bill' date=' how can we still be running a week after the Forrest game?[/quote']

 

Not correct....as they were both loaned out to teams expected in the play offs their deals included those so we dont have to pay wages until after the date of the play off final.

 

PS Edit

 

Sorry that may be b0llacks as I thought is was on the OS but found it in the Echo.....when did they get a story right lately!

 

http://www.dailyecho.co.uk/sport/4352542.Loanees_not_back_on_payroll/

Edited by Give it to Ron
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I was in opinion Saints only raised £130k through the SOS trust when we needed 500k to just make the Forrest fixture I do realise that the last home games generated a small amount due to the capacity being in the 20k-25k margin but with Rasiak and John who are now back on the wage bill' date=' how can we still be running a week after the Forrest game?[/quote']

 

 

One of two things:

 

1/ Exagerated about not having money to see out the season just to get the grounds full.(which they weren't)

2/ Their is a buyer lined up, to which the bank are happy with to keep us going to see how things un-fold. When the wages need to be paid on the 21st will probably be the cut off date.

Edited by slickmick
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Why should he? It's nothing to do with him. He has no interest in posting propoganda nonsense on the OS, nor is he obliged to try and make the fans feel better.

 

He's only got one job and you could interpret the relative silence in one of two ways, here's hoping it's in the no news is good news way and not the lack of decent offer being received way.

 

I'm not saying he should just saying that I don't think he does, I agree with you.

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I don't know if thats right tbh.

 

 

I disagree

 

He seemed pretty ticked off about us getting a point deduction when in fact he isn't a footballing man is he?

 

Of course he does, it makes it harder to sell the club

 

And seemed to be in a good mood with the turnouts we had for the last 3 home games.

 

Again that's good for him from a financial perspective. It suits him to act in this way.

 

I just hope this all gets revolved whilst I am at home and not in college. I would hate to be sat there and hear the news that we have gone bust. It would be such a punch in the balls.

 

True. Fry isn't the saint people paint him as though.

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