lee_saint Posted 22 May, 2009 Share Posted 22 May, 2009 ....Not being all 'glass half empty' but what happens if the club does go into Liquidation, how do we keep on going? We go into the Blue Square or Square South but surely we won't have anywhere to play? I'm just interested, would us going into liquidation be the only chance for Jackson to take over? Link to comment Share on other sites More sharing options...
StuRomseySaint Posted 22 May, 2009 Share Posted 22 May, 2009 ....Not being all 'glass half empty' but what happens if the club does go into Liquidation, how do we keep on going? We go into the Blue Square or Square South but surely we won't have anywhere to play? I'm just interested, would us going into liquidation be the only chance for Jackson to take over? If we go into liquidation then I suspect the council will by St Marys. I certainly hope so. They would lease it back to the club, probably for peanuts and make money using the conferancing facilities and having 4 concerts a year, probably trying to up that as well. If not then I guess it would be ground share with Eastleigh, who would no doubt snap our hands off, although traffic and policing etc would leave alot to be desired so that may cause an issue, we could even end up playing in Bournemouth in the short term. If we were liquidated then I would guess Leon Crouch would snap up the Ltd company to keep SFC going, and I doubt any other businessman, including Jackson would be interested in taking on a non-league club. I don't think SMS will be knocked down, I don't think the council would allow it to. Link to comment Share on other sites More sharing options...
gonzo Posted 22 May, 2009 Share Posted 22 May, 2009 If we go into liquidation, there may be no club at all. Link to comment Share on other sites More sharing options...
lee_saint Posted 22 May, 2009 Author Share Posted 22 May, 2009 If we go into liquidation then I suspect the council will by St Marys. I certainly hope so. They would lease it back to the club, probably for peanuts and make money using the conferancing facilities and having 4 concerts a year, probably trying to up that as well. If not then I guess it would be ground share with Eastleigh, who would no doubt snap our hands off, although traffic and policing etc would leave alot to be desired so that may cause an issue, we could even end up playing in Bournemouth in the short term. If we were liquidated then I would guess Leon Crouch would snap up the Ltd company to keep SFC going, and I doubt any other businessman, including Jackson would be interested in taking on a non-league club. I don't think SMS will be knocked down, I don't think the council would allow it to. I can't see SMS going, it's too much of an asset to the city. Okay, cheers for clearing a few things up and the playing squad? How do we get that together, assuming that the whole team would be released. Link to comment Share on other sites More sharing options...
StuRomseySaint Posted 22 May, 2009 Share Posted 22 May, 2009 I can't see SMS going, it's too much of an asset to the city. Okay, cheers for clearing a few things up and the playing squad? How do we get that together, assuming that the whole team would be released. I am guessing to an extent, I would hope the Academy players would be able to stick around for a season or two, possibly, but if not then I guess we would hope that Crouch or someone would underwrite a certain amount of money based on Season Tickets etc to be able to get a team together, in all honesty though, with the 'prestige' of playing for Southampton for players at that level, there would be plenty of journeymen willing to step up to the plate on a free transfer.... I would hope. Link to comment Share on other sites More sharing options...
lee_saint Posted 22 May, 2009 Author Share Posted 22 May, 2009 Very true, I could see us having a half decent team for that level. I'm just wanting someone to buy the club, but I honestly really do fear what might happen now, it's just gone on too long for my liking! Link to comment Share on other sites More sharing options...
Frank's cousin Posted 22 May, 2009 Share Posted 22 May, 2009 If liquidated then its the end - sorry - player contracts are cancelled and all satff contracts ripped up. SMS would belong to AVIVA so up to them what is done with it the club would cease to exist and all this talk of blue Squre seems wishful thinking - If someone buys teh stadium they could then set up a new club to play therein and this club like all others would need to satrt from scratch recruit players and enter the league at the bottom of the rung - some of teh kids might still be there but no first teamers or reserves really as these would seek professional contracts at other clubs - liquidation is the knightmare.... Link to comment Share on other sites More sharing options...
Clapham Saint Posted 22 May, 2009 Share Posted 22 May, 2009 ....Not being all 'glass half empty' but what happens if the club does go into Liquidation, how do we keep on going? We go into the Blue Square or Square South but surely we won't have anywhere to play? I'm just interested, would us going into liquidation be the only chance for Jackson to take over? In a close down we will just cease to be. AFC Saints or similar would be looking for players... Link to comment Share on other sites More sharing options...
StuRomseySaint Posted 22 May, 2009 Share Posted 22 May, 2009 If liquidated then its the end - sorry - player contracts are cancelled and all satff contracts ripped up. SMS would belong to AVIVA so up to them what is done with it the club would cease to exist and all this talk of blue Squre seems wishful thinking - If someone buys teh stadium they could then set up a new club to play therein and this club like all others would need to satrt from scratch recruit players and enter the league at the bottom of the rung - some of teh kids might still be there but no first teamers or reserves really as these would seek professional contracts at other clubs - liquidation is the knightmare.... That's not how I understand it though FC, Southampton FC Ltd would still be available for £1 or whatever, so if liquidated, if someone wanted to take that on, debt-free, then they are free to do so. If so, then the purchase would retain Southampton Football Clubs registration, although we would be punished by the FA and relegated 3 divisions for going into liquidation. Obviously all professional players would no longer be part of Southampton FC if they didn't want to, they would be able to give 14 days notice and walk, which most/all would. Link to comment Share on other sites More sharing options...
lee_saint Posted 22 May, 2009 Author Share Posted 22 May, 2009 Hmmm, we'll see. Link to comment Share on other sites More sharing options...
Gingeletiss Posted 22 May, 2009 Share Posted 22 May, 2009 We will cease to be........but alas, there may still be top flight football played at St Mary's...........just not Red. Link to comment Share on other sites More sharing options...
StuRomseySaint Posted 22 May, 2009 Share Posted 22 May, 2009 I have been looking into it, and it seems the punishment for liquidation is 2 divisions demoted and not 3. So Blue Square Premier, Salisbury City awaits! Link to comment Share on other sites More sharing options...
Frank's cousin Posted 22 May, 2009 Share Posted 22 May, 2009 That's not how I understand it though FC, Southampton FC Ltd would still be available for £1 or whatever, so if liquidated, if someone wanted to take that on, debt-free, then they are free to do so. If so, then the purchase would retain Southampton Football Clubs registration, although we would be punished by the FA and relegated 3 divisions for going into liquidation. Obviously all professional players would no longer be part of Southampton FC if they didn't want to, they would be able to give 14 days notice and walk, which most/all would. Uhm not sure - I think we just cease to exist - we could still be sold if SHL holding is liquidated as an asset which I guess is what they are kinda doing now - if no buyer is found teh registrations as you say become worthless adn they walk in which case SFC Ltd is nothing - and would need to strat recruiting players - 3 deivion relegation? not sure what the ruling is here for liquidation - I thought you just started again at teh bottom of teh pile? Link to comment Share on other sites More sharing options...
lee_saint Posted 22 May, 2009 Author Share Posted 22 May, 2009 I have been looking into it, and it seems the punishment for liquidation is 2 divisions demoted and not 3. So Blue Square Premier, Salisbury City awaits! Which backs up what the Blue Square Chairman said the other week when he said that we could be in that league. Link to comment Share on other sites More sharing options...
Frank's cousin Posted 22 May, 2009 Share Posted 22 May, 2009 I have been looking into it, and it seems the punishment for liquidation is 2 divisions demoted and not 3. So Blue Square Premier, Salisbury City awaits! Sorry did not see this post - but i presume you have to be able to guarrantee you can fulfil your fixtures by the mid JUne dealine? Do you think we could provide such a guarrrantee with no team? Link to comment Share on other sites More sharing options...
teamsaint Posted 22 May, 2009 Share Posted 22 May, 2009 If liquidated then its the end - sorry - player contracts are cancelled and all satff contracts ripped up. SMS would belong to AVIVA so up to them what is done with it the club would cease to exist and all this talk of blue Squre seems wishful thinking - If someone buys teh stadium they could then set up a new club to play therein and this club like all others would need to satrt from scratch recruit players and enter the league at the bottom of the rung - some of teh kids might still be there but no first teamers or reserves really as these would seek professional contracts at other clubs - liquidation is the knightmare.... SMS would not belong to Aviva. It belongs to SLH orsome other SFC company. They have a charge over it.They are creditors. I would assume that if SMS is sold seperately, say to the council for £4m, Aviva get all the £4m. This may be what they want to happen. Anyway, the stadium will still exist, and the best deal for ANY owner will be to rent it out, either to SFC or perhaps SFC and some other tenants. The "new" SFC would be relegated 3 divisions, and would need a complete new staff. That is what I think would happen. TheLeague rules seem to allow for this, even in a liquidation. Link to comment Share on other sites More sharing options...
lee_saint Posted 22 May, 2009 Author Share Posted 22 May, 2009 Sorry did not see this post - but i presume you have to be able to guarrantee you can fulfil your fixtures by the mid JUne dealine? Do you think we could provide such a guarrrantee with no team? Yes, because I'm sure we could have plenty of players from the Wessex League playing for us for free, purely because it's Southampton. Link to comment Share on other sites More sharing options...
teamsaint Posted 22 May, 2009 Share Posted 22 May, 2009 We will cease to be........but alas, there may still be top flight football played at St Mary's...........just not Red. This is a potential problem. Gaydamac might just fancy a cheap stadium to store his drugs and guns, along with a nice playing surface for paul harts mercenaries. Link to comment Share on other sites More sharing options...
lee_saint Posted 22 May, 2009 Author Share Posted 22 May, 2009 This is a potential problem. Gaydamac might just fancy a cheap stadium to store his drugs and guns, along with a nice playing surface for paul harts mercenaries. Would never happen, never. You won't get the supporters, them lot down the road wouldn't come here to watch them, and noone from Southampton would watch them. Link to comment Share on other sites More sharing options...
StuRomseySaint Posted 22 May, 2009 Share Posted 22 May, 2009 Sorry did not see this post - but i presume you have to be able to guarrantee you can fulfil your fixtures by the mid JUne dealine? Do you think we could provide such a guarrrantee with no team? Which would mean, as I said on another thread, we would have a season without football. If it's before the mid-June deadline, we start in the Blue Square, I am sure we would be able to pull a team together pretty quickly, and the fact that the Chairman of the Blue Square has been sounded off suggests that a contingency plan has already been drawn up. If we go into liquidation after mid-June, then we will have a season without footy and start in the Blue Square the season after. Obviously this is on the condition they accept us in there, but to be honest, with the media coverage it will give the league, they would be mad not to. Link to comment Share on other sites More sharing options...
martel Posted 22 May, 2009 Share Posted 22 May, 2009 Hmmm, we'll see. Yes, and in the meantime another Friday drifts by, I wonder if after all this the deal if it happens does get announced on Friday; perhaps we should have a poll on this, what day of the week will it be announced on? Link to comment Share on other sites More sharing options...
St Steve Posted 22 May, 2009 Share Posted 22 May, 2009 Would never happen, never. You won't get the supporters, them lot down the road wouldn't come here to watch them, and noone from Southampton would watch them. Some would I know a few season ticket holders that go for the football nothing else. They would go. Link to comment Share on other sites More sharing options...
St Steve Posted 22 May, 2009 Share Posted 22 May, 2009 Would never happen, never. You won't get the supporters, them lot down the road wouldn't come here to watch them, and noone from Southampton would watch them. Yes, and in the meantime another Friday drifts by, I wonder if after all this the deal if it happens does get announced on Friday; perhaps we should have a poll on this, what day of the week will it be announced on? A long bank holiday weekend is going to go buy with no announcements. I just want something to happen, take over or no club i do not care anymore just want something to happen. Link to comment Share on other sites More sharing options...
StuRomseySaint Posted 22 May, 2009 Share Posted 22 May, 2009 (edited) Some would I know a few season ticket holders that go for the football nothing else. They would go. But the police would laugh in their face if they even tried to suggest it! Southampton FC may well die, but the residents hatred for P*mpey will never go away. Edited 22 May, 2009 by StuRomseySaint Link to comment Share on other sites More sharing options...
lee_saint Posted 22 May, 2009 Author Share Posted 22 May, 2009 A long bank holiday weekend is going to go buy with no announcements. I just want something to happen, take over or no club i do not care anymore just want something to happen. Exactly, I just want Fry to come out and say 'yes, the club has been bought by whoever and all will be fine' or come out and say 'we're not going to be in the football league next season' Link to comment Share on other sites More sharing options...
SuperMikey Posted 22 May, 2009 Share Posted 22 May, 2009 If the club went into liquidation, what would people think of a fan-run club ala Ebbsfleet? The club would be available for peanuts and if each person put in X amount of money to the club, then they would have a say in managerial appointments, running of the club etc. Personally, i'd love to see that, especially since fans on here always seem to complain about things that we would otherwise have a say in if we were fan run. Plus, Ebbsfleet seem to be doing quite well for themselves in the BSP. Link to comment Share on other sites More sharing options...
EastleighSoulBoy Posted 22 May, 2009 Share Posted 22 May, 2009 I have been looking into it, and it seems the punishment for liquidation is 2 divisions demoted and not 3. So Blue Square Premier, Salisbury City awaits! And BadBoySaint? (or whatever he called himself?) Link to comment Share on other sites More sharing options...
Legod Third Coming Posted 22 May, 2009 Share Posted 22 May, 2009 Hang on - on the radio this morning some Boro fan talked about them going into liquidation in the 80s. That wasn't the end of them then. Why should it be the end of us? Anyone know the real story - no just amateur speculation (which I readily accept is exactly what I have just contributed). Link to comment Share on other sites More sharing options...
lee_saint Posted 22 May, 2009 Author Share Posted 22 May, 2009 Hang on - on the radio this morning some Boro fan talked about them going into liquidation in the 80s. That wasn't the end of them then. Why should it be the end of us? Anyone know the real story - no just amateur speculation (which I readily accept is exactly what I have just contributed). I think rules on clubs going into liquidation in the 80's was alot different to what it is today. Link to comment Share on other sites More sharing options...
Clapham Saint Posted 22 May, 2009 Share Posted 22 May, 2009 That's not how I understand it though FC, Southampton FC Ltd would still be available for £1 or whatever, so if liquidated, if someone wanted to take that on, debt-free, then they are free to do so. If so, then the purchase would retain Southampton Football Clubs registration, although we would be punished by the FA and relegated 3 divisions for going into liquidation. Obviously all professional players would no longer be part of Southampton FC if they didn't want to, they would be able to give 14 days notice and walk, which most/all would. If SFC Limited is liquidated it would cease to be. The trading name of "Southampton Football Club" could be bough from the liquidator by "New Co. Limited" though. To play in the league would New Co. Limited not have to also own the golden share? I would imagine that this would be more dificult to purchase. Especially if you didn't have any players and where really a brand new club, just with the same name as one which no longer existed. Will admit that I know next to nothing about the golden share business but I can't beleive that it would be as easy as just having the same name. Link to comment Share on other sites More sharing options...
StuRomseySaint Posted 22 May, 2009 Share Posted 22 May, 2009 If SFC Limited is liquidated it would cease to be. The trading name of "Southampton Football Club" could be bough from the liquidator by "New Co. Limited" though. To play in the league would New Co. Limited not have to also own the golden share? I would imagine that this would be more dificult to purchase. Especially if you didn't have any players and where really a brand new club, just with the same name as one which no longer existed. Will admit that I know next to nothing about the golden share business but I can't beleive that it would be as easy as just having the same name. SFC Ltd will not be liquidated though, SLH PLC will be. Link to comment Share on other sites More sharing options...
Clapham Saint Posted 22 May, 2009 Share Posted 22 May, 2009 Hang on - on the radio this morning some Boro fan talked about them going into liquidation in the 80s. That wasn't the end of them then. Why should it be the end of us? Anyone know the real story - no just amateur speculation (which I readily accept is exactly what I have just contributed). The Company which owned Boro back then could easily have gone into Liquidation and then sold the "Club" to a new company. This is much what we are trying to do from Administration (but with holding cos making it more complicated). When we talk about Saints going into Liquidation we are taking about an administration failing to sell the club and then becoming a liquidation. I could write several pages on the process if you'd like but 1) I can't be ar*ed and 2) I suspect I'm boring you already. Link to comment Share on other sites More sharing options...
Clapham Saint Posted 22 May, 2009 Share Posted 22 May, 2009 SFC Ltd will not be liquidated though, SLH PLC will be. However SFC Ltd owes money to Notts County (for example) and is contracted to pay Player wages for a good few years. Are you going to by the shares and take on those contracts? Link to comment Share on other sites More sharing options...
Frank's cousin Posted 22 May, 2009 Share Posted 22 May, 2009 SMS would not belong to Aviva. It belongs to SLH orsome other SFC company. They have a charge over it.They are creditors. I would assume that if SMS is sold seperately, say to the council for £4m, Aviva get all the £4m. This may be what they want to happen. Anyway, the stadium will still exist, and the best deal for ANY owner will be to rent it out, either to SFC or perhaps SFC and some other tenants. The "new" SFC would be relegated 3 divisions, and would need a complete new staff. That is what I think would happen. TheLeague rules seem to allow for this, even in a liquidation. Sorry but as I understand it AVIVA have first charge on SMS - so if SLH is liquidate and SMS Ltd even if sold to a seperate party does not pay the mortgage it revertys to AVIVA ownership - complicated by the fact that I dont know whether the loan note contract is in SLH name or SMS ltd... Link to comment Share on other sites More sharing options...
SN5_Saint Posted 22 May, 2009 Share Posted 22 May, 2009 Imagine if Southampton FC went completely out of existence and all players/staff moved and we really had nothing at all left. But the council safeguard the stadium and there is an opportunity for a reborn team playing out of the Blue Square. Would it be better to: - Have the re-birth of a completely new Southampton. We keep our identity but have to start from zero. We have a crystal ball to hand and know that it would take 10 years to build momentum and regain league status - Ship in an existing and established local non-league team to take over the mantle. League status could be regained quicker - the crystal ball says 3 years this time. Options would clearly be limited and I'm sure the other fans would have something to say too. Link to comment Share on other sites More sharing options...
Bevans Posted 22 May, 2009 Share Posted 22 May, 2009 "Have the re-birth of a completely new Southampton. We keep our identity but have to start from zero. We have a crystal ball to hand and know that it would take 10 years to build momentum and regain league status" Without doubt Link to comment Share on other sites More sharing options...
StuRomseySaint Posted 22 May, 2009 Share Posted 22 May, 2009 Imagine if Southampton FC went completely out of existence and all players/staff moved and we really had nothing at all left. But the council safeguard the stadium and there is an opportunity for a reborn team playing out of the Blue Square. Would it be better to: - Have the re-birth of a completely new Southampton. We keep our identity but have to start from zero. We have a crystal ball to hand and know that it would take 10 years to build momentum and regain league status - Ship in an existing and established local non-league team to take over the mantle. League status could be regained quicker - the crystal ball says 3 years this time. Options would clearly be limited and I'm sure the other fans would have something to say too. Start from zero, for a start I think you are referring to Eastleigh then we would start in the Blue Square Premier, one division above them. With the prestige Southampton FC would hold in that division, every player and his dog at that level would want to play for us, it wouldn't take more than 2 years to get into League 2. Link to comment Share on other sites More sharing options...
StuRomseySaint Posted 22 May, 2009 Share Posted 22 May, 2009 Oh, and from what I understand, if looking at Nuneaton as a previous example, to satisfy the rulings, then Southamptons name would have to be changed to satisfy the FA They forced Nuneaton to change their name to Nuneaton Town from Nuneaton Borough or face more than the mandatory 2 division relegation. I would like Southampton St Marys, back to our original routes, although Southampton Saints would be good, although that reminds me of the ladies team, and we all know that women have no place in football. I just hope we don't plump for Southampton City or something boring like that. Link to comment Share on other sites More sharing options...
so22saint Posted 22 May, 2009 Share Posted 22 May, 2009 Oh, and from what I understand, if looking at Nuneaton as a previous example, to satisfy the rulings, then Southamptons name would have to be changed to satisfy the FA They forced Nuneaton to change their name to Nuneaton Town from Nuneaton Borough or face more than the mandatory 2 division relegation. I would like Southampton St Marys, back to our original routes, although Southampton Saints would be good, although that reminds me of the ladies team, and we all know that women have no place in football. I just hope we don't plump for Southampton City or something boring like that. Well by the looks of this board we don't seem to be Southampton United either :-) I suggest: Red Star Southampton Stauer Southampton Southampton Yoof Woolston Ferry Academical Link to comment Share on other sites More sharing options...
Fan The Flames Posted 22 May, 2009 Share Posted 22 May, 2009 Oh, and from what I understand, if looking at Nuneaton as a previous example, to satisfy the rulings, then Southamptons name would have to be changed to satisfy the FA They forced Nuneaton to change their name to Nuneaton Town from Nuneaton Borough or face more than the mandatory 2 division relegation. I would like Southampton St Marys, back to our original routes, although Southampton Saints would be good, although that reminds me of the ladies team, and we all know that women have no place in football. I just hope we don't plump for Southampton City or something boring like that. The rules changed recently that any reformed club has to start, as you said, at least two divisions lower, unlike before when it was back to step 5 at least. So it will be down to the Blue Square Prem to let us in and I don't think any chairman there would not want us, a season with Luton and Southampton going for it can only be good for the BS. I can even see us being allowed in last minute. I like Southampton 1885 or in honour of those that brought us to this position The Southampton Wilde Lowes Link to comment Share on other sites More sharing options...
Loyal Saint Posted 22 May, 2009 Share Posted 22 May, 2009 (edited) The rules changed recently that any reformed club has to start, as you said, at least two divisions lower, unlike before when it was back to step 5 at least. So it will be down to the Blue Square Prem to let us in and I don't think any chairman there would not want us, a season with Luton and Southampton going for it can only be good for the BS. I can even see us being allowed in last minute. I like Southampton 1885 or in honour of those that brought us to this position The Southampton Wilde Lowes 1885. SFC. Pride of Hampshire. Cost me 150 quid for that flag. Worth every penny Keep the red flag flying high, we'll never let Southampton die, we'll never die... Edited 22 May, 2009 by Loyal Saint Link to comment Share on other sites More sharing options...
sotonist Posted 22 May, 2009 Share Posted 22 May, 2009 They forced Nuneaton to change their name to Nuneaton Town from Nuneaton Borough or face more than the mandatory 2 division relegation. I'd be inclined to say **** em and keep the name. See what kind of arbitrary punishment they pull from their arses. non league is non league. who cares where we land. Link to comment Share on other sites More sharing options...
Frank's cousin Posted 23 May, 2009 Share Posted 23 May, 2009 Well by the looks of this board we don't seem to be Southampton United either :-) I suggest: Red Star Southampton Stauer Southampton Southampton Yoof Woolston Ferry Academical Should that not bbe White Star Southampton...what with them old maritime connections and all? (All Titanic jokes aside) Link to comment Share on other sites More sharing options...
rpb Posted 23 May, 2009 Share Posted 23 May, 2009 Southampton Stanley? Link to comment Share on other sites More sharing options...
miserableoldgit Posted 23 May, 2009 Share Posted 23 May, 2009 Southampton Sunday Southampton Monday Southampton Tuesday Southampton Thursday South....... I think you get the idea (in Harry Hill voice) Link to comment Share on other sites More sharing options...
Recommended Posts
Create an account or sign in to comment
You need to be a member in order to leave a comment
Create an account
Sign up for a new account in our community. It's easy!
Register a new accountSign in
Already have an account? Sign in here.
Sign In Now