Pinnacle deal to buy Saints moves a step closer (From Daily Echo)
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Pinnacle deal to buy Saints moves a step closer
7:20am Thursday 18th June 2009 in Sport
MATT LE TISSIER
Pinnacle have moved a step closer to completing their takeover of Saints after lodging the names of their prospective new board with the Football League.
All new directors of a football club must undergo the League’s so called ‘fit and proper’ test and be approved in order to sit on the board.
Though the names remain a closely guarded secret, the Daily Echo can confirm they have been received by the League for their approval.
It is understood that Tony Lynam, the Pinnacle boss who has spearheaded negotiations, and Matt Le Tissier are on the list.
Lynam has been working into the evening at St Mary’s on several occasions this week to try and ensure everything is ready for a deal for the club to be completed by the end of their exclusivity period tomorrow.
As well as issuing the list of prospective new directors to the Football League and awaiting their response, there have been various legal complexities involved in the deal that have required work to iron out.
If all goes well, it is hoped that a formal announcement, which will include the name of the mystery backer behind the deal, will be confirmed in a statement tomorrow.
For full story and more Saints news, don't miss today's Daily Echo.
Comments(32)
St.Yorkie
says...
7:25am Thu 18 Jun 09
I really hope so for all the staff and out of contract players - and we can get on with the business of moving up the league(s).
So tomorrow really could the dawning of a new era...let's hope so!
Still getting to grips with Hartlepool on Tuesday night in the winter...still it's only just over an hour for me...home for midnight!
St.Yorkie
says...
7:27am Thu 18 Jun 09
stormus troupias the 2nd
says...
7:28am Thu 18 Jun 09
jedisaint
says...
7:35am Thu 18 Jun 09
Snooky
says...
7:42am Thu 18 Jun 09
The Watcher
says...
7:51am Thu 18 Jun 09
I'm still laughing at his unfettered support for last seasons shambles and his responses when we had a chance for some live chat with him.
I can't believe any other local behaviour would have supported the last regime the way Leitch and the Echo did.
security word - kiss-bums
Bright Sparky
says...
7:54am Thu 18 Jun 09
Nothing to say
says...
7:56am Thu 18 Jun 09
(I like good news)
LeC7
says...
8:08am Thu 18 Jun 09
The Watcher wrote:Get over it.
It's a pity there isn't fit and proper test for local journalists, because if so I'm sure Leitch and some of his colleagues would struggle. I'm still laughing at his unfettered support for last seasons shambles and his responses when we had a chance for some live chat with him. I can't believe any other local behaviour would have supported the last regime the way Leitch and the Echo did. security word - kiss-bums
andy newbury
says...
8:12am Thu 18 Jun 09
Bigrich1980
says...
8:13am Thu 18 Jun 09
Hercules Grytpype-Thynne
says...
8:23am Thu 18 Jun 09
St.Yorkie wrote:Style or substance? I'll take substance any day. I have some bubbly in the fridge ready for tomorrow and the toast will be "The one and only, the great Matty saviour of our wonderful football club. May all the squabbling now cease and every one who says they are a saint get behind the club."
Just to add I still see MAtt has a great taste in barbers...what a style guru he is!
Whoever is buying the club is putting in a lot of money all we need to do now is add is our support by attending games.
I am going to set up a hall of shame for those WUMs and idiots who will come on here saying they wont be attending or they wont be buying a season ticket. Their names of shame will go alongside those of all the Lowe luvvies.
This is the dawning of a new age for SFC and we should all be partying in the street.
Isn't it just wonderful no more Rupert Lowe or Guy Askham ever. God bless you Matty.
rednwhite1
says...
8:31am Thu 18 Jun 09
wonder weasel
says...
8:31am Thu 18 Jun 09
So long sad times
Go long bad times
We are rid of you at last
Howdy gay times ( MAYBE NOT TO MUCH OF THAT )
Cloudy gray times
You are now a thing of the past
Happy days are here again
The skies above are clear again
So let's sing a song of cheer again
Happy days are here again
Altogether shout it now
There's no one
Who can doubt it now
So let's tell the world about it now
Happy days are here again
Your cares and troubles are gone
There'll be no more from now on
From now on ...
Happy days are here again
The skies above are clear again
So, Let's sing a song of cheer again
Happy times
Happy nights
Happy days
Are here again!
Major Sir Jerry Pending
says...
8:32am Thu 18 Jun 09
Jesus_02
says...
8:34am Thu 18 Jun 09
Bigrich1980 wrote:Bigrich...I woudlnt like to believe it until it actually happens.
So as i understand - once this takeover is done, the bank and Norwich Union will not be owed anything, so we will still have all our assets, a new money man and no debt which was crippling us. Correct me if i am mistaken.
Worst case Pinicle are poor and buy the club with credit that has only been underwritten buy the "money's" £100m+ fortune.
I will just be glad when the deal is done so i can finally go to the loo!
brennothornhill
says...
8:44am Thu 18 Jun 09
Major Sir Jerry Pending wrote:get over it, its better than nothing.
No new news here, just the usual Echo rehash of old news and guess work. For "It is understood that.." read "we're guessing that..."! Roll on tomorrow so that hopefully we'll all know what's REALLY happening.
Lets hope the deal is completed tomorrow Saints
kinkyboots70
says...
8:55am Thu 18 Jun 09
brennothornhill wrote:lets keep our fingers crossed.looks good tho.my only worry is poeple are banging on about keegan he would put bums on seats but the fact is the man is a notorious dummy spitter and if things got a little hot under the collar he wouldnt think twice of quitting
Major Sir Jerry Pending wrote: No new news here, just the usual Echo rehash of old news and guess work. For "It is understood that.." read "we're guessing that..."! Roll on tomorrow so that hopefully we'll all know what's REALLY happening.get over it, its better than nothing. Lets hope the deal is completed tomorrow Saints
brennothornhill
says...
9:03am Thu 18 Jun 09
kinkyboots70 wrote:I dont think KK has anything to prove and cant see a 'big' club really coming in for him due to his previous antics, I think this would probably be the best time to get him, he got Newcastle and Fulham out of the same situation we find ourselves in. I would forgive him for taking us to the prem then leaving for a big club.
brennothornhill wrote:lets keep our fingers crossed.looks good tho.my only worry is poeple are banging on about keegan he would put bums on seats but the fact is the man is a notorious dummy spitter and if things got a little hot under the collar he wouldnt think twice of quittingMajor Sir Jerry Pending wrote: No new news here, just the usual Echo rehash of old news and guess work. For "It is understood that.." read "we're guessing that..."! Roll on tomorrow so that hopefully we'll all know what's REALLY happening.get over it, its better than nothing. Lets hope the deal is completed tomorrow Saints
John Wade
says...
10:24am Thu 18 Jun 09
Saint
says...
11:02am Thu 18 Jun 09
John Wade wrote:Sod off sad poopey fan!
What an ugly bunch old porky Lynam, and gonzo tiss all we need now is peter beardsley to join as creative director and we officially have the ugliest board in football!
half a bee
says...
11:33am Thu 18 Jun 09
mr tein
says...
11:56am Thu 18 Jun 09
If we can get the board, the manger , the players and the fans all working together this club will be worthy of our support again. I just wish the lid would come off so we can all cheer and rejoice.
John Wade
says...
12:50pm Thu 18 Jun 09
half a bee wrote:now there is a thought
LOL Maybe Lucy Pinder can be offered an Honourary Board Membership to help re balance the issue ;-)
John Wade
says...
12:52pm Thu 18 Jun 09
Saint wrote:Sorry forget to add you and your boyfriend, now that is really the ugliest board!
John Wade wrote: What an ugly bunch old porky Lynam, and gonzo tiss all we need now is peter beardsley to join as creative director and we officially have the ugliest board in football!Sod off sad poopey fan!
brennothornhill
says...
1:36pm Thu 18 Jun 09
John Wade wrote:I thought it was a fair point, they arent exactly models are they!!
Saint wrote:Sorry forget to add you and your boyfriend, now that is really the ugliest board!John Wade wrote: What an ugly bunch old porky Lynam, and gonzo tiss all we need now is peter beardsley to join as creative director and we officially have the ugliest board in football!Sod off sad poopey fan!
MCST
says...
3:26pm Thu 18 Jun 09
normsted
says...
7:31pm Thu 18 Jun 09
mr tein wrote:Like it .Very deep-but like it !!!
I have to laugh. The number of times pople come on here posting along the lines of "here we go another echo non story, rehashing thigns we already know", withour realising the irony that there posts are also non posts, with nothing to say, just rehashing what we already know".
If we can get the board, the manger , the players and the fans all working together this club will be worthy of our support again. I just wish the lid would come off so we can all cheer and rejoice.
themattfranklin
says...
8:19pm Thu 18 Jun 09
LeC7 wrote:Better than relentless negativity and cynicism if you ask me
The Watcher wrote: It's a pity there isn't fit and proper test for local journalists, because if so I'm sure Leitch and some of his colleagues would struggle. I'm still laughing at his unfettered support for last seasons shambles and his responses when we had a chance for some live chat with him. I can't believe any other local behaviour would have supported the last regime the way Leitch and the Echo did. security word - kiss-bumsGet over it.
Auckland_Saint
says...
12:30am Fri 19 Jun 09
saint Dai
says...
10:57am Mon 22 Jun 09
Asset stripper
hard nose buisness man
has the money
lives in beaulieu
sfc bieng asset of slh
secretive
10th richest man in country
shall i go on
click2find
Bright Sparky says...
7:23am Thu 18 Jun 09