Benny Fitt wrote:
If they have had to BORROW money to buy shares, it does not look very likely that they will have any cash to spend on players! If the number of current season ticket holders who have claimed that they will not renew for next season, is true, then there will not be a great deal of cash from that source either. Maybe the new shirt will be a 'sell-out'! I can't help thinking that it would be a case of 'jumping from the frying pan, into the fire'!

??? wrote:
It doesnt say anywhere that they had to BORROW money, also dave merrington has said on more than one occasion that if they took control, the manager would have money to spend on players, these guys are far from poor! Heres hoping it goes through

Rich wrote:

Benny Fitt wrote: If they have had to BORROW money to buy shares, it does not look very likely that they will have any cash to spend on players! If the number of current season ticket holders who have claimed that they will not renew for next season, is true, then there will not be a great deal of cash from that source either. Maybe the new shirt will be a 'sell-out'! I can't help thinking that it would be a case of 'jumping from the frying pan, into the fire'!

Er, how they might choose to finance any share deal does not necessarily indicate how much they can put into the club. Look at the Glazers Man U purchase, or even more relevant, Liverpool - this did not seem to stop them finding lots of cash for Torres and the multiple others at huge cost, way more than Liverpool ever spent before

Artful Dodger wrote:

Rich wrote:

Benny Fitt wrote: If they have had to BORROW money to buy shares, it does not look very likely that they will have any cash to spend on players! If the number of current season ticket holders who have claimed that they will not renew for next season, is true, then there will not be a great deal of cash from that source either. Maybe the new shirt will be a 'sell-out'! I can't help thinking that it would be a case of 'jumping from the frying pan, into the fire'!

Er, how they might choose to finance any share deal does not necessarily indicate how much they can put into the club. Look at the Glazers Man U purchase, or even more relevant, Liverpool - this did not seem to stop them finding lots of cash for Torres and the multiple others at huge cost, way more than Liverpool ever spent before

That's great Rich! It is ages since we were compared with Liverpool and Manchester United! Premier League, here we come!

Dont ask wrote:
Keep calm people, the money is in place and enough of it at that. Friday should a very sunny day.

happy wrote:
FINGERS CROSSED THIS GOES AHEAD - I DAREN'T THINK HOW DEVICIVE IT COULD BE IF WOOPERT WETURNS. KEEP OUR NIGE!!!

rational wrote:
Sounds really hopeful. A bunch of locals have managed to borrow some cash to buy the shares? Not exactly investment is it? Is this what Leon has been pinning his hopes on all this time?

??? wrote:
It doesnt say anywhere that they had to BORROW money, also dave merrington has said on more than one occasion that if they took control, the manager would have money to spend on players, these guys are far from poor! Heres hoping it goes through

Costa Baz wrote:

??? wrote:
It doesnt say anywhere that they had to BORROW money, also dave merrington has said on more than one occasion that if they took control, the manager would have money to spend on players, these guys are far from poor! Heres hoping it goes through

Merrington also said he would not have employed Pearson, after Crouch took him on, so we could still be looking for a new manager.
Let's at least hope they make an offer and that it satisfies that megalomaniac Lowe. Should the offer be rejected then I only hope the size of the offer is made public as soon as is legally possible so Lowe can be judged by the supporters. It would be fascinating to know if a refusal to sell is due to the offer not being good enough for the club or not good enough for Lowe, which I feel are two entirely different things. How much money would it take for Lowe to sell his shares and keep his smug mug out of the media spotlight generated by a football club?

sensible wrote:

rational wrote: Sounds really hopeful. A bunch of locals have managed to borrow some cash to buy the shares? Not exactly investment is it? Is this what Leon has been pinning his hopes on all this time?

I don\'t think you intended it but your description sounds just like Lowe and his sheep. Hopefully we will soon have heard the last of them!

DJI wrote:
It seems the pint glass is its' usual half-empty down on the south coast!? All season you've moaned about the need for investment and new players, etc. and Lowe and Wilde gone. Now with the chance of it possibly imminent, you are now questioning how and doubting how far it will go. It was suggested that the fund is about £50m. To buy the shares, it will take around £10m-£12m and the new company takes over the business with its' debts and revenue streams. The season ticket revenue to date will become theirs as well as any future ticket sales and sales of merchandise (like the new kit). On top of that, selling certain players will generate an income to help with the purchase of new ones. Along with a few shrewd cost cuts, sponsorship and TV revenues and you have a business. So some of you should welcome this possibility with optimism and trust in those who are skilled enough to raise the capital to use it wisely.

Costa Baz wrote:

??? wrote: It doesnt say anywhere that they had to BORROW money, also dave merrington has said on more than one occasion that if they took control, the manager would have money to spend on players, these guys are far from poor! Heres hoping it goes through

Merrington also said he would not have employed Pearson, after Crouch took him on, so we could still be looking for a new manager. Let\'s at least hope they make an offer and that it satisfies that megalomaniac Lowe. Should the offer be rejected then I only hope the size of the offer is made public as soon as is legally possible so Lowe can be judged by the supporters. It would be fascinating to know if a refusal to sell is due to the offer not being good enough for the club or not good enough for Lowe, which I feel are two entirely different things. How much money would it take for Lowe to sell his shares and keep his smug mug out of the media spotlight generated by a football club?

rational wrote:

sensible wrote:

rational wrote: Sounds really hopeful. A bunch of locals have managed to borrow some cash to buy the shares? Not exactly investment is it? Is this what Leon has been pinning his hopes on all this time?

I don\'t think you intended it but your description sounds just like Lowe and his sheep. Hopefully we will soon have heard the last of them!

That was partly my point. But if it is borrowed money (or secured if you prefer), then how is this to be paid for? There is no such thing as free money. My other concern is whether this will bring nothing new into the finances, plus we will not have any experienced football people in charge again.

Rich wrote:

Benny Fitt wrote: If they have had to BORROW money to buy shares, it does not look very likely that they will have any cash to spend on players! If the number of current season ticket holders who have claimed that they will not renew for next season, is true, then there will not be a great deal of cash from that source either. Maybe the new shirt will be a 'sell-out'! I can't help thinking that it would be a case of 'jumping from the frying pan, into the fire'!

Er, how they might choose to finance any share deal does not necessarily indicate how much they can put into the club. Look at the Glazers Man U purchase, or even more relevant, Liverpool - this did not seem to stop them finding lots of cash for Torres and the multiple others at huge cost, way more than Liverpool ever spent before

Tracey wrote:

Rich wrote:

Benny Fitt wrote: If they have had to BORROW money to buy shares, it does not look very likely that they will have any cash to spend on players! If the number of current season ticket holders who have claimed that they will not renew for next season, is true, then there will not be a great deal of cash from that source either. Maybe the new shirt will be a 'sell-out'! I can't help thinking that it would be a case of 'jumping from the frying pan, into the fire'!

Er, how they might choose to finance any share deal does not necessarily indicate how much they can put into the club. Look at the Glazers Man U purchase, or even more relevant, Liverpool - this did not seem to stop them finding lots of cash for Torres and the multiple others at huge cost, way more than Liverpool ever spent before

Man U and Liverpool are global brands though so they can sell loads more merchandise and they get bigger crowds. If this consortium has borrowed the money then this could be very bad news but the feeling I get is the consortium is either a group of rich individuals or companies with money in the bank negating the need to borrow - so fingers crossed.

Martin Wild wrote:
I'm a bit surprised that Leon hasn't joined the consortium as I know he will do his best for the club he is a go getter ,not like the other 2 who seem to do nothing for the club !

Tracey wrote:

Rich wrote:

Benny Fitt wrote: If they have had to BORROW money to buy shares, it does not look very likely that they will have any cash to spend on players! If the number of current season ticket holders who have claimed that they will not renew for next season, is true, then there will not be a great deal of cash from that source either. Maybe the new shirt will be a 'sell-out'! I can't help thinking that it would be a case of 'jumping from the frying pan, into the fire'!

Er, how they might choose to finance any share deal does not necessarily indicate how much they can put into the club. Look at the Glazers Man U purchase, or even more relevant, Liverpool - this did not seem to stop them finding lots of cash for Torres and the multiple others at huge cost, way more than Liverpool ever spent before

Man U and Liverpool are global brands though so they can sell loads more merchandise and they get bigger crowds. If this consortium has borrowed the money then this could be very bad news but the feeling I get is the consortium is either a group of rich individuals or companies with money in the bank negating the need to borrow - so fingers crossed.

rational wrote:

Tracey wrote:

Rich wrote:

Benny Fitt wrote: If they have had to BORROW money to buy shares, it does not look very likely that they will have any cash to spend on players! If the number of current season ticket holders who have claimed that they will not renew for next season, is true, then there will not be a great deal of cash from that source either. Maybe the new shirt will be a 'sell-out'! I can't help thinking that it would be a case of 'jumping from the frying pan, into the fire'!

Er, how they might choose to finance any share deal does not necessarily indicate how much they can put into the club. Look at the Glazers Man U purchase, or even more relevant, Liverpool - this did not seem to stop them finding lots of cash for Torres and the multiple others at huge cost, way more than Liverpool ever spent before

Man U and Liverpool are global brands though so they can sell loads more merchandise and they get bigger crowds. If this consortium has borrowed the money then this could be very bad news but the feeling I get is the consortium is either a group of rich individuals or companies with money in the bank negating the need to borrow - so fingers crossed.

Unfortunately, the article (and others preceding this) talk about 'securing' the finances/funding. I'm fairly sure this means borrowing, or persuading a non-fan to put in substantial investment (ie put it in to get something back)

sainthog7 wrote:
can you see lowe 6 co selling their golden goose they are not fans just business men who like to be in the limelight & filling their pockets say no to lowe&SUPPORT the SAINTS

Kate wrote:

Costa Baz wrote:

??? wrote: It doesnt say anywhere that they had to BORROW money, also dave merrington has said on more than one occasion that if they took control, the manager would have money to spend on players, these guys are far from poor! Heres hoping it goes through

Merrington also said he would not have employed Pearson, after Crouch took him on, so we could still be looking for a new manager. Let\'s at least hope they make an offer and that it satisfies that megalomaniac Lowe. Should the offer be rejected then I only hope the size of the offer is made public as soon as is legally possible so Lowe can be judged by the supporters. It would be fascinating to know if a refusal to sell is due to the offer not being good enough for the club or not good enough for Lowe, which I feel are two entirely different things. How much money would it take for Lowe to sell his shares and keep his smug mug out of the media spotlight generated by a football club?

I said we shouldn't have got Nigel Pearson in (at the time when he was brought in) and I have completely changed my mind since then. Hopefully Dave has too. Hopefully the funds will come soon. Hopefully my car will pass it's MOT tomorrow. Hopefully it will snow at Christmas. Hopefully I will win the lottery this weekend. Hoping isn't enough, it won't make it happen. Even if it does, there's no guarantee it will bring financial stability - look at Coventry. I just want something sorted out one way or the other, quickly.