Phil_S
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Who changed my Avatar ?!
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« Reply #135 on: Friday, May 29, 2009, 14:29:14 » |
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To me this looks like the gravest situation any club has been in for quite some years.
Even when we were at deaths door, the sums were usually small enough to mean that someone could plug the holes.
Beg to differ we were 24 hours from going under when the new guys finally signed, & Diamandis was still trying to play silly buggers. Remember, AF had pulled out just before then. That was our darkest hour & it was far more acute than Southamptons plight |
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From the Dark Side
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pauld
Aaron Aardvark
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Absolute Calamity!
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« Reply #136 on: Friday, May 29, 2009, 15:28:50 » |
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I'm with Phil - for Southampton not paying their staff for a month is a massive financial crisis. For us, it was our business model for 5 years!
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Spencer_White
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« Reply #137 on: Friday, May 29, 2009, 17:54:58 » |
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Apparently Le Tissier's consortium are still interested after all.
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jonny72
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« Reply #138 on: Friday, May 29, 2009, 18:10:38 » |
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It can't be that bad for them, a week ago their manager said there was no desperate need to sell players.
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pauld
Aaron Aardvark
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Absolute Calamity!
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« Reply #139 on: Friday, May 29, 2009, 18:21:58 » |
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Apparently Le Tissier's consortium are still interested after all.
And according to BBC now have a 21-day period of exclusivity to negotiate a purchase which has enabled the wages to be paid after all (presumably cos Le Tissier's guys put some money in to pay the wages). So, not quite so bad after all. Anyone smell the whiff of bullshit and brinksmanship about all this? |
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Rich Pullen
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« Reply #140 on: Friday, May 29, 2009, 18:25:25 » |
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There's not even been a mass exodus of playing staff. As jonny mentioned they've said there's no desperation with only Saganowski and Rasiak being allowed to find clubs to free up wages.
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pauld
Aaron Aardvark
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Absolute Calamity!
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« Reply #141 on: Friday, May 29, 2009, 18:33:00 » |
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There's not even been a mass exodus of playing staff. As jonny mentioned they've said there's no desperation with only Saganowski and Rasiak being allowed to find clubs to free up wages.
One of the tabs was reporting today they might accept 400k for Dyer rather than the 500k they were looking for so they can pay wages over the summer. But again, he was going anyway and it's hardly firesale stuff |
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Rich Pullen
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« Reply #143 on: Friday, May 29, 2009, 18:46:11 » |
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Accrington are keepin' it real.
If they perish, and with Chester in administration - who would replace them? I guess it would be Chester with a -10 point deduction.
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suttonred
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« Reply #144 on: Friday, May 29, 2009, 18:53:38 » |
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Worst since Wimbledon I reckon, hopefully Wellyn Garden City or any other towns won't be stealing a FL registration this time...
Or worse, Oxford! |
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ronnie21
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The Mighty Hankerton
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« Reply #145 on: Friday, May 29, 2009, 20:31:40 » |
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One of the tabs was reporting today they might accept 400k for Dyer rather than the 500k they were looking for so they can pay wages over the summer. But again, he was going anyway and it's hardly firesale stuff
Signing for Swansea on Monday |
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Kinky Tom
Snow Master Sandwich King.
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« Reply #146 on: Friday, May 29, 2009, 20:39:58 » |
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Accrington are keepin' it real.
If they perish, and with Chester in administration - who would replace them? I guess it would be Chester with a -10 point deduction.
Or worse, Oxford... |
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leefer
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« Reply #147 on: Friday, May 29, 2009, 21:35:30 » |
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Apparently the breaking news a consortium have just agreed a deal to buy Southampton...dont know much about it but no doubt we will find out pretty soon.
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Batch
Not a Batch
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« Reply #148 on: Tuesday, June 30, 2009, 13:22:29 » |
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I see the Pinnacle (Le Tiss) consortium have just pulled out of the proposed deal. Could be others in the waiting but the administrator was getting a bit twitchy over the weekend. http://news.bbc.co.uk/sport1/hi/football/teams/s/southampton/8126822.stmSouthampton have suffered a huge blow after prospective buyers Pinnacle pulled out of negotiations to buy the financially-stricken League One club.
Saints will start the season on minus 10 points after their parent company entered administration in April.
The proposed takeover had stalled after the Football League insisted that Pinnacle must waive any right to appeal against the points deduction.
Full story to follow.
http://www.dailyecho.co.uk/sport/saints/news/4463596.Another_twist_/Pinnacle's decision leaves the way open for the mystery overseas consortium to push ahead with a deal, as revealed exclusively in the Daily Echo yesterday.
What are best holdings up to these days  |
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« Last Edit: Tuesday, June 30, 2009, 13:30:10 by Batch »
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jonny72
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« Reply #149 on: Tuesday, June 30, 2009, 14:03:58 » |
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The Pinnacle Group using the Football League and the 10 point penalty as a reason to pull out sounds dodgy to me, more likely just an excuse rather than the real reason. The Football League have just applied the same rules they have to every other club over the last couple of seasons, did they really think it would be different for them?
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