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6:00am Saturday 23rd May 2009 in Saints News
ONE of the parties interested in buying Saints is set to move to a final stage of due diligence.
The group being led by businessmen Marc Jackson and Stuart Green are understood to have been given the green light to get further access to the club’s books after the Bank Holiday weekend.
However, they are not in a period of exclusivity.
Several potential purchasers have baulked at the prospect of having to put down a non-refundable deposit of £500,000 to enter the final stage of due diligence and gain exclusivity.
But it appears that some sort of a deal has been struck whereby the Jackson and Green group could still be trumped by another other party but can take a closer look at the club’s finances.
It is not clear whether all interested parties who can prove their funds will get access to a final due diligence stage but if so it could be a clever ploy by administrator Mark Fry to move things along with talks having dragged on and on.
Comments(51)
bumblysaint
says...
6:50am Sat 23 May 09
Chris1991
says...
7:01am Sat 23 May 09
TedStripes
says...
7:17am Sat 23 May 09
oldtimesaint wrote:The creditors have supplied goods and services in good faith to Southampton FC. They employ people like you and me and are entitled in my opinion to every penny owed,otherwise guess who pays for the loss; yes its you and me.
no wonder everything has stalled over last week!!!...non refundable half million. If it was needed this is a reminder to fans that Fry has no interest in the football club other than squeezing every penny he can for the benefit of creditors.
Northern Saint
says...
7:20am Sat 23 May 09
oldtimesaint wrote:What rubbish?
no wonder everything has stalled over last week!!!...non refundable half million. If it was needed this is a reminder to fans that Fry has no interest in the football club other than squeezing every penny he can for the benefit of creditors.
Southampton boy
says...
7:37am Sat 23 May 09
UTS
says...
7:53am Sat 23 May 09
nosurrender
says...
8:13am Sat 23 May 09
robhythe
says...
8:31am Sat 23 May 09
UTS wrote:the club has to be saved! dont care who by at the moment,! hopefully you are reading about past mistakes that have been learned from!
oh dear in trouble if Jackson and Green get anywhere near SFC. These two set up a company in 2007 with a convicted VAT fraudster called Barry Beardall. They hang on the coat tails of all the old faces like Cowen, Jones, Richards and Lowe. In fact is it not about time the Daily Echo printed this fact about Green and Jackson ??? Why not even speak to Barry Beardall LOL ( google his name) http://asf.narrowste p.tv/mcp?psid=861655 82&ref=0&chi
d=977&pi d=3346&vid=69175
095& br=400&tid=1&
;void=17 5029&fab=0
doogle1983
says...
8:36am Sat 23 May 09
robhythe
says...
8:38am Sat 23 May 09
UTS wrote:how can you say in trouble??? might not have a club ! THATS TROUBLE
oh dear in trouble if Jackson and Green get anywhere near SFC. These two set up a company in 2007 with a convicted VAT fraudster called Barry Beardall. They hang on the coat tails of all the old faces like Cowen, Jones, Richards and Lowe. In fact is it not about time the Daily Echo printed this fact about Green and Jackson ??? Why not even speak to Barry Beardall LOL ( google his name) http://asf.narrowste p.tv/mcp?psid=861655 82&ref=0&chi
d=977&pi d=3346&vid=69175
095& br=400&tid=1&
;void=17 5029&fab=0
normsted
says...
8:55am Sat 23 May 09
UTS
says...
8:57am Sat 23 May 09
robhythe wrote:Thanks for reply twice.
UTS wrote: oh dear in trouble if Jackson and Green get anywhere near SFC. These two set up a company in 2007 with a convicted VAT fraudster called Barry Beardall. They hang on the coat tails of all the old faces like Cowen, Jones, Richards and Lowe. In fact is it not about time the Daily Echo printed this fact about Green and Jackson ??? Why not even speak to Barry Beardall LOL ( google his name) http://asf.narrowste p.tv/mcp?psid=861655 82&ref=0&chi d=977&pi d=3346&vid=69175 095& br=400&tid=1&how can you say in trouble??? might not have a club ! THATS TROUBLE
; ;void=17 5029&fab=0
robhythe
says...
9:03am Sat 23 May 09
robhythe
says...
9:05am Sat 23 May 09
UTS wrote:Hope we dont get ripped of like you say , but just want to watch some football ! And had to answer you twice again!!!!
robhythe wrote:Thanks for reply twice. If you thought it was bad under Lowe. Wait for these two clowns to get involved. Jackson and Green will only be interested in making money out of the situation, end of. All talk as afc bournemouth found out.UTS wrote: oh dear in trouble if Jackson and Green get anywhere near SFC. These two set up a company in 2007 with a convicted VAT fraudster called Barry Beardall. They hang on the coat tails of all the old faces like Cowen, Jones, Richards and Lowe. In fact is it not about time the Daily Echo printed this fact about Green and Jackson ??? Why not even speak to Barry Beardall LOL ( google his name) http://asf.narrowste p.tv/mcp?psid=861655 82&ref=0&chi d=977&pi d=3346&vid=69175 095& br=400&tid=1&how can you say in trouble??? might not have a club ! THATS TROUBLE
; ; ;void=17 5029&fab=0
Bashfan
says...
9:25am Sat 23 May 09
hasnain11
says...
9:47am Sat 23 May 09
Southampton Heart
says...
10:05am Sat 23 May 09
graeme37
says...
10:40am Sat 23 May 09
seedhouse
says...
11:14am Sat 23 May 09
geordie saint
says...
11:18am Sat 23 May 09
mastershot100
says...
11:23am Sat 23 May 09
seedhouse
says...
11:28am Sat 23 May 09
UTS
says...
11:46am Sat 23 May 09
St.Yorkie
says...
12:11pm Sat 23 May 09
San Marco
says...
12:21pm Sat 23 May 09
seedhouse wrote:Yes - Barclays chose to put us into administration, they didn't have to, and having made that choice why should they get all their money back? By choosing administration they CHOSE to lose money - we might even have stayed up without the administration, it was certainly that which finished us off.
Fry seems to be trying to get all the creditors money back. If the club is worth enough to cover all it's debts then there was never any need for it to go into administration in the first place because it was still solvent!
They need to take a sensible view. Also Barclays spend many millions sponsoring football and the adverse publicity of crippling a football club as big as Saints has got to be worst than the relatively small amount of money owed.
seedhouse
says...
12:43pm Sat 23 May 09
Southampton Heart
says...
8:12pm Sat 23 May 09
ninjajack01
says...
9:17pm Sat 23 May 09
UTS wrote:its people like you that put people off trying to help the club dont you understand that if someone doest buy the club soon there will be no club at all!!!! i hope if marc jackson does get the club you will be barred for life you ***ing prat !!!!!!
So folks i suggest you all email the daily Echo. Ask them why they have not made it known about Jackson & Green. The company set up 'Trican Sports' to buy Saints in 2007. What was the purpose of it all ? Is it true Marc Jackson was made bankrupt in 2004 ? Come one Echo rather than relying on fed PR. Get out there and do some journalism. Lets have Barry Beardall on the front page of the Echo. What will come out the woodwork if these two get into SFC and their chums ?
AD74
says...
9:33pm Sat 23 May 09
saintjofbstoke
says...
10:18pm Sat 23 May 09
The Grey Mystery
says...
10:28pm Sat 23 May 09
taylor1066
says...
11:13pm Sat 23 May 09
ninjajack01
says...
12:45am Sun 24 May 09
taylor1066 wrote:finally someone who talks sense !!!!!hats off to you
some people on here write utter rubbish and some is driven by miss informed passion. The Green (& Jackson) bid is a solid bid, neither of these two are the money men behind the bid. The money is coming from a London company who have financial clout to buy the assets and put a realistic business plan in place. Stuart Green is the lead and he is a life long fan, un like the Lowe and Cowan. As for a certain publicity gaining local business man who claims he gave the money to the club to keep it alive... not quite true, he donated £50k... the other £350k was a loan he wants it back. As for Fry he is doing his job, playing hard ball but time is running out so he has to let the only bid who has demonstrated they have the money to see the books. Currently the only chance is Green and co and what little I know of Green he is a fan, a business man and he is totally ethical.
Southampton Heart
says...
12:53am Sun 24 May 09
ninjajack01 wrote:At last a sensible quote. We should ALL get behind however is trying to save our Club. No matter who they are. The future is what we make it.
taylor1066 wrote: some people on here write utter rubbish and some is driven by miss informed passion. The Green (& Jackson) bid is a solid bid, neither of these two are the money men behind the bid. The money is coming from a London company who have financial clout to buy the assets and put a realistic business plan in place. Stuart Green is the lead and he is a life long fan, un like the Lowe and Cowan. As for a certain publicity gaining local business man who claims he gave the money to the club to keep it alive... not quite true, he donated £50k... the other £350k was a loan he wants it back. As for Fry he is doing his job, playing hard ball but time is running out so he has to let the only bid who has demonstrated they have the money to see the books. Currently the only chance is Green and co and what little I know of Green he is a fan, a business man and he is totally ethical.finally someone who talks sense !!!!!hats off to you
robhythe
says...
1:33am Sun 24 May 09
Southampton Heart wrote:exactly
ninjajack01 wrote:At last a sensible quote. We should ALL get behind however is trying to save our Club. No matter who they are. The future is what we make it.taylor1066 wrote: some people on here write utter rubbish and some is driven by miss informed passion. The Green (& Jackson) bid is a solid bid, neither of these two are the money men behind the bid. The money is coming from a London company who have financial clout to buy the assets and put a realistic business plan in place. Stuart Green is the lead and he is a life long fan, un like the Lowe and Cowan. As for a certain publicity gaining local business man who claims he gave the money to the club to keep it alive... not quite true, he donated £50k... the other £350k was a loan he wants it back. As for Fry he is doing his job, playing hard ball but time is running out so he has to let the only bid who has demonstrated they have the money to see the books. Currently the only chance is Green and co and what little I know of Green he is a fan, a business man and he is totally ethical.finally someone who talks sense !!!!!hats off to you
derek james
says...
9:02am Sun 24 May 09
Stossie
says...
10:03am Sun 24 May 09
taylor1066 wrote:don't disagree with he jist of what you say but find it a bit unfair don't you think that you are calling Crouch a publicity gaining local businessman when you don't know him ? or Do you??
some people on here write utter rubbish and some is driven by miss informed passion. The Green (& Jackson) bid is a solid bid, neither of these two are the money men behind the bid. The money is coming from a London company who have financial clout to buy the assets and put a realistic business plan in place. Stuart Green is the lead and he is a life long fan, un like the Lowe and Cowan. As for a certain publicity gaining local business man who claims he gave the money to the club to keep it alive... not quite true, he donated £50k... the other £350k was a loan he wants it back. As for Fry he is doing his job, playing hard ball but time is running out so he has to let the only bid who has demonstrated they have the money to see the books. Currently the only chance is Green and co and what little I know of Green he is a fan, a business man and he is totally ethical.
jhp767903
says...
11:15am Sun 24 May 09
TakingLeTiss
says...
12:12pm Sun 24 May 09
UTS
says...
6:46pm Sun 24 May 09
taylor1066 wrote:Jackson is a Arthur Daley Spiv. Green a Saints fan for life ?? LOL
some people on here write utter rubbish and some is driven by miss informed passion. The Green (& Jackson) bid is a solid bid, neither of these two are the money men behind the bid. The money is coming from a London company who have financial clout to buy the assets and put a realistic business plan in place. Stuart Green is the lead and he is a life long fan, un like the Lowe and Cowan. As for a certain publicity gaining local business man who claims he gave the money to the club to keep it alive... not quite true, he donated £50k... the other £350k was a loan he wants it back. As for Fry he is doing his job, playing hard ball but time is running out so he has to let the only bid who has demonstrated they have the money to see the books. Currently the only chance is Green and co and what little I know of Green he is a fan, a business man and he is totally ethical.
StPete
says...
7:23pm Sun 24 May 09
UTS wrote:If you were part of the vetting process for who can launch a bid for the club, we wouldn't have a club next season. I'd personally prefer a club run by Jackson and Green than no club at all
taylor1066 wrote:Jackson is a Arthur Daley Spiv. Green a Saints fan for life ?? LOL
some people on here write utter rubbish and some is driven by miss informed passion. The Green (& Jackson) bid is a solid bid, neither of these two are the money men behind the bid. The money is coming from a London company who have financial clout to buy the assets and put a realistic business plan in place. Stuart Green is the lead and he is a life long fan, un like the Lowe and Cowan. As for a certain publicity gaining local business man who claims he gave the money to the club to keep it alive... not quite true, he donated £50k... the other £350k was a loan he wants it back. As for Fry he is doing his job, playing hard ball but time is running out so he has to let the only bid who has demonstrated they have the money to see the books. Currently the only chance is Green and co and what little I know of Green he is a fan, a business man and he is totally ethical.
As for slagging off Crouch. Who else has stepped in to fund the money ???? He has also not said anything on donations either.
How did Barry Beardall get involved with Stuart Green then ?
Green & jackson hang on the coat tails of Cowen, Lowe, Jones et all
UTS
says...
7:35pm Sun 24 May 09
ninjajack01 wrote:LOL, behave..........
UTS wrote: So folks i suggest you all email the daily Echo. Ask them why they have not made it known about Jackson & Green. The company set up 'Trican Sports' to buy Saints in 2007. What was the purpose of it all ? Is it true Marc Jackson was made bankrupt in 2004 ? Come one Echo rather than relying on fed PR. Get out there and do some journalism. Lets have Barry Beardall on the front page of the Echo. What will come out the woodwork if these two get into SFC and their chums ?its people like you that put people off trying to help the club dont you understand that if someone doest buy the club soon there will be no club at all!!!! i hope if marc jackson does get the club you will be barred for life you ***ing prat !!!!!!
robhythe
says...
8:40am Mon 25 May 09
UTS wrote:UTS , do you want a club or not??? I dint care who buys now as long as someone does ! It will all change again in the future i expect again, but not if there is no club at all!!
ninjajack01 wrote:LOL, behave..........UTS wrote: So folks i suggest you all email the daily Echo. Ask them why they have not made it known about Jackson & Green. The company set up 'Trican Sports' to buy Saints in 2007. What was the purpose of it all ? Is it true Marc Jackson was made bankrupt in 2004 ? Come one Echo rather than relying on fed PR. Get out there and do some journalism. Lets have Barry Beardall on the front page of the Echo. What will come out the woodwork if these two get into SFC and their chums ?its people like you that put people off trying to help the club dont you understand that if someone doest buy the club soon there will be no club at all!!!! i hope if marc jackson does get the club you will be barred for life you ***ing prat !!!!!!
Linesman
says...
10:27am Mon 25 May 09
robhythe wrote:So you don't care who buys now as long as someone does!
UTS wrote:UTS , do you want a club or not??? I dint care who buys now as long as someone does ! It will all change again in the future i expect again, but not if there is no club at all!!ninjajack01 wrote:LOL, behave..........UTS wrote: So folks i suggest you all email the daily Echo. Ask them why they have not made it known about Jackson & Green. The company set up 'Trican Sports' to buy Saints in 2007. What was the purpose of it all ? Is it true Marc Jackson was made bankrupt in 2004 ? Come one Echo rather than relying on fed PR. Get out there and do some journalism. Lets have Barry Beardall on the front page of the Echo. What will come out the woodwork if these two get into SFC and their chums ?its people like you that put people off trying to help the club dont you understand that if someone doest buy the club soon there will be no club at all!!!! i hope if marc jackson does get the club you will be barred for life you ***ing prat !!!!!!
deano69
says...
10:35am Mon 25 May 09
robhythe
says...
12:14pm Mon 25 May 09
Linesman wrote:so you dont want the club!! ok ! If someone can put up the 500.000 and then buy then great! It must be serious then! If not then you have to find someone else to support !!
robhythe wrote:So you don't care who buys now as long as someone does! Let the first cowboy that rides into town have it! As you say, it will change hands again in the future, when the cowboy has put it into administration again, with a further relegation and season starting on minus points! Mr Fry, by asking for the NON-REFUNDABLE (meaning, if your bid is not successful, you lose it) deposit of £500,000 is making sure of two things:- a) The bid is a serious one and b) The bidder has cash available. If they lose out, then the £500,000 will help pay for Mr Fry's time that they have wasted. An interesting comment by taylor1066. After praising Green bid, which he describes as 'a solid bid', he ends his comment with the words: 'Currently the only chance is Green&Co and WHAT LITTLE I KNOW OF GREEN he is a fan, a businessman and he is ethical'! He starts, as if he is the expert on Green, and ends up with 'what little I know' about the man. I would point out that the description he gives of Green could equally describe Leon Crouch, who is also a fan, a businessman and is ethical!UTS wrote:UTS , do you want a club or not??? I dint care who buys now as long as someone does ! It will all change again in the future i expect again, but not if there is no club at all!!ninjajack01 wrote:LOL, behave..........UTS wrote: So folks i suggest you all email the daily Echo. Ask them why they have not made it known about Jackson & Green. The company set up 'Trican Sports' to buy Saints in 2007. What was the purpose of it all ? Is it true Marc Jackson was made bankrupt in 2004 ? Come one Echo rather than relying on fed PR. Get out there and do some journalism. Lets have Barry Beardall on the front page of the Echo. What will come out the woodwork if these two get into SFC and their chums ?its people like you that put people off trying to help the club dont you understand that if someone doest buy the club soon there will be no club at all!!!! i hope if marc jackson does get the club you will be barred for life you ***ing prat !!!!!!
season ticket holder
says...
1:21pm Mon 25 May 09
Ghole
says...
9:31pm Mon 25 May 09
The Grey Mystery
says...
10:43pm Mon 25 May 09
deano69 wrote:time to smell the coffee - 15000 to 20000 season tickets is a ridiculous expectation,the players we have would not wipe out the ten points ,and we are not going to be able to even keep hold of the losers we have now,accept your fate saints fans we will NEVER return to the premier.
The fact is that whoever is going to buy the club for 15 mil has a great deal of money after the purchase. I personaly don't think we need to spend a major amount of money on players. If you calculate the saving on the players that will be leaving you will release a great deal of money. I think we need a couple of big centre backs, somebody hard in midfield and a forward. That's 4 players to add at a cost of 3m. The saving on the wages will pay for this. The big investment will only be needed once or if we get back up. The main thing is getting the price of season tickets right. They need to be priced so we can sell between 15,000 to 20,000. Then we need to have gates of at least 24,000 to 28,000. This can be done, Leicester did last year and look what happened. We need a new manager. Eventhough Wotte has be very active during the last few weeks he is only trying to save his job. We need an English manager that knows the kind of football you need to play in the lower tier. Last year we tried to play passing football and it looked good sometimes but the ball was never hurting the other teams. We need to get back to 4-4-2 and with the players we have now we should be able to wipe out the 10 point deduction within 10 games. If we were able to get 20 points from the first ten games we should be in with a shout. Somehow it seems like a Sunday again.
MangaFace
says...
4:34pm Tue 26 May 09
UTS wrote:Sorry but im obviously thick and missing something, why would anyone else buy a buisness other than to "make money"??? Not quite getting what your point is.
robhythe wrote:Thanks for reply twice. If you thought it was bad under Lowe. Wait for these two clowns to get involved. Jackson and Green will only be interested in making money out of the situation, end of. All talk as afc bournemouth found out.UTS wrote: oh dear in trouble if Jackson and Green get anywhere near SFC. These two set up a company in 2007 with a convicted VAT fraudster called Barry Beardall. They hang on the coat tails of all the old faces like Cowen, Jones, Richards and Lowe. In fact is it not about time the Daily Echo printed this fact about Green and Jackson ??? Why not even speak to Barry Beardall LOL ( google his name) http://asf.narrowste p.tv/mcp?psid=861655 82&ref=0&chi d=977&pi d=3346&vid=69175 095& br=400&tid=1&how can you say in trouble??? might not have a club ! THATS TROUBLE
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oldtimesaint says...
6:45am Sat 23 May 09