A stay of execution for Saints?

8:00am Thursday 2nd April 2009 in Sport Photograph of the Author By Adrian Kajumba, Senior Sports Reporter

Southampton Football Club Southampton Football Club

SAINTS look set to avoid a points deduction – for now at least – despite their parent company going into administration this morning.

Shares in Southampton Leisure Holdings were suspended by the Stock Exchange yesterday morning, as they were unable to publish their half-yearly accounts, and the administrators were subsequently called in later in the afternoon.

Save Our Saints with the Daily Echo

It was hoped that by putting the club’s parent company into administration, rather than the club itself, the team would avoid the mandatory ten-point deduction dished out to clubs who go into administration.

A Football League spokesman confirmed that, as far as their rules are concerned, that would be the case.

And that possibility is a potential silver lining to the dark cloud of administration for relegation-threatened Saints as, depending on where they finish this season, a ten-point deduction could either see them sent spiralling down to League One or start next season in the third tier on minus ten points.

See today's paper for more on this story

Comments(10)

Chris1991 says...
8:23am Thu 2 Apr 09

No excuses. All those who said that they would not return to St Mary's whilst Rupert was there - PUT YOUR MONEY WHERE YOUR MOUTH IS.
There's now no reason why the game should not be a sell out. After all you are supposed to be Saints fans!

Security word deny-sell WTF?

Report this post »

sainthog7 says...
8:34am Thu 2 Apr 09

mrlowe&his chums have gone now is the time for us to unite & stand behined the club we love lets show the world the real SOUTHAMPTON SPIRIT just honest support if we are to go down lets go down fighting for our CLUB come on you SAINTS

Report this post »

TottonScrutineer says...
8:36am Thu 2 Apr 09

Chris1991 wrote:
No excuses. All those who said that they would not return to St Mary's whilst Rupert was there - PUT YOUR MONEY WHERE YOUR MOUTH IS. There's now no reason why the game should not be a sell out. After all you are supposed to be Saints fans! Security word deny-sell WTF?
here here!!!!!!!!!!!!!

Report this post »

Invidia says...
8:46am Thu 2 Apr 09

Am I missing something here, RL was chairman of Southampton Leisure Holdings and a director of Southampton football club. Michael Wilde is chaiman of Southampton Football Club, so what has changed, I know I will be accused of Whngeing, negative etc but I fail to see what has changed RL is still involved, agreed the prospect of a takeover and new investment is looking more attractive without the add ons that RL insisted on, but RL is still able to keep his nose in the trough, he is still there, as he was when Crouch and Wilde took the chair, as I see it we still have him around, can anyone enlighten me?

Report this post »

Invidia says...
9:06am Thu 2 Apr 09

Invidia wrote:
Am I missing something here, RL was chairman of Southampton Leisure Holdings and a director of Southampton football club. Michael Wilde is chaiman of Southampton Football Club, so what has changed, I know I will be accused of Whngeing, negative etc but I fail to see what has changed RL is still involved, agreed the prospect of a takeover and new investment is looking more attractive without the add ons that RL insisted on, but RL is still able to keep his nose in the trough, he is still there, as he was when Crouch and Wilde took the chair, as I see it we still have him around, can anyone enlighten me?
All has been revealed by the new thread, I think we can all rejoice and look foreward to a new era with our football club, it will be hard going for next season or two but the shackles have been released, now all you SAINTS SUPPORTERS UNITE!!!

Report this post »

Bring Back Le Tiss says...
9:08am Thu 2 Apr 09

No, it looks like Lowe and Wilde have resigned from both the PLC and Club boards - result!!

Let's hope the administrators can work miracles and find a buyer...

Report this post »

Saints No 1 Fan says...
9:20am Thu 2 Apr 09

Surely our knight in shining armour has got to be out there somewhere. If people want to by QPR for christ sake surely they want to buy a club on the south coast Riviera! We need to show the club is worth investing in and a full house on Saturday is the way to show them. Come on Saints fans save your club by putting your money where your mouth is, Lowe & Wilde have resigned, no more excuses now!

Report this post »

c0rsa28 says...
9:37am Thu 2 Apr 09

NO EXCUSES FULL HOUSE ON SATURDAY, LETS SHOW HOW GOOD THIS CLUB IS... COYR

Report this post »

LeeD says...
9:52am Thu 2 Apr 09

I for one will be there now the muppets have gone and i hope that all those that said the same will be back. Lets get behind the team and sell out the last three home games of the season.

Report this post »

baron_von_reichs_pudding says...
5:15pm Thu 2 Apr 09

Football fans are hilarious. Saints were not a club that could withstand a mass "stay away". We needed to survive in the championship for a few years and re-build. true fans don't care who is at the helm. Filling the stadium is too late now , money would be better spend down the road at Eastleigh....
well done all you "loyal" saints fans who soon will not have a club to "come back to".
talk about short-sighted.

Report this post »

click2find

Get Adobe Flash player
About cookies

We want you to enjoy your visit to our website. That's why we use cookies to enhance your experience. By staying on our website you agree to our use of cookies. Find out more about the cookies we use.

I agree