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7:30am Thursday 28th May 2009 in
Saints were today hoping to seal a deal to sell Nathan Dyer that could pay the club’s wage bill for another month on a crunch day at St Mary’s.
With the wages of players, staff and management due today Saints have to find the cash from somewhere or face up to a bleak future.
Though Saints were still pressing to finalise a deal to sell the club today, Dyer’s sale could provide another four weeks of breathing space if Swansea complete the paperwork to buy the winger on time – but the move would still have to approved by the Football League.
The Daily Echo understands that a deal has been agreed that will see Swansea pay £200,000 up front in cash with a further £200,000 lump sum to arrive on a set date.
Due to the nature of a guarantee of cash like that, Saints would be able to borrow that amount of money meaning they could fund the wages if it all went through without a hitch.
Saints will have a substantial sell-on clause for Dyer as well as top ups on appearances etc.
The deal was believed to have been agreed several days ago but Saints are still waiting on Swansea to put pen to paper and then hand over the cash.
Saints boss Mark Wotte said: “Nathan is an academy player who had his difficulties at Southampton but because of his speed and his technique he can be a valuable player in the future.
“We reached an agreement with Swansea which everybody was happy with and so wish him all the best."
For full story don't miss today's Daily Echo.
Comments(32)
oldtimesaint
says...
8:17am Thu 28 May 09
greystonesben
says...
8:48am Thu 28 May 09
mastershot100
says...
8:50am Thu 28 May 09
oldtimesaint wrote:You are telling lies about security word!
he is doing his job properly....acting in the best interests of creditors...fortunat ely for us supporters keeping the club alive and paying wages is in the interests of creditors bcause it maintains value in the club. Hurry up, cheque for season ticket is ready to be posted!! :) security word fry-up !!!
Bitterne Park Tim
says...
8:58am Thu 28 May 09
deadly666 wrote:They are doing thier job.... and if you think they are acting in the best interests of the club you are mistaken, they are acting in the best interests of the creditors. They have held out as long as they can on the Dyer deal... not much else they could have done.
This is laughable! £400,000 for a player not long after they turn down £1.2m. No wonder we're in the financial mess we're in. Don't get me wrong, I'm glad to see the back of this trouble maker, but the fee is absurd. What's next? £250,000 for Rasiak? £250,000 for Saga? Come on Mr Fry, start doing your job properly and act in th best interests of the club. And how ironic, the security words are DOOR FREE. Very apt considering everything is going on the cheap!!!
brennothornhill
says...
9:03am Thu 28 May 09
jezza
says...
9:10am Thu 28 May 09
Charlie George's Lawnmower
says...
9:15am Thu 28 May 09
SomersetSaint
says...
9:22am Thu 28 May 09
Southampton Heart
says...
9:39am Thu 28 May 09
East End Saint
says...
10:12am Thu 28 May 09
LeC7
says...
10:17am Thu 28 May 09
mastershot100 wrote:woah! i think he was probably joking.
oldtimesaint wrote: he is doing his job properly....acting in the best interests of creditors...fortunat ely for us supporters keeping the club alive and paying wages is in the interests of creditors bcause it maintains value in the club. Hurry up, cheque for season ticket is ready to be posted!! :) security word fry-up !!!You are telling lies about security word! All security words are a format of 4x4.
Northern Saint
says...
10:23am Thu 28 May 09
Northern Saint
says...
10:26am Thu 28 May 09
Southampton Heart wrote:I must have missed the queue of players beating down our door to play for us!!
If it saves us...then so be it...it's worth it!. Let cut our loses and move on. His "Heart" wasn't with us!. There's plenty of players out there who'd love to play for Saints!.
Southampton boy
says...
10:38am Thu 28 May 09
worried of e sussex
says...
10:45am Thu 28 May 09
Traceyf
says...
10:50am Thu 28 May 09
deadly666 wrote:£400,000 with appearance fees on top and a sell on fee, not a bad deal at all.
This is laughable! £400,000 for a player not long after they turn down £1.2m. No wonder we're in the financial mess we're in. Don't get me wrong, I'm glad to see the back of this trouble maker, but the fee is absurd. What's next? £250,000 for Rasiak? £250,000 for Saga? Come on Mr Fry, start doing your job properly and act in th best interests of the club. And how ironic, the security words are DOOR FREE. Very apt considering everything is going on the cheap!!!
Charlie George's Lawnmower
says...
10:51am Thu 28 May 09
Southampton Heart
says...
10:52am Thu 28 May 09
Northern Saint wrote:They were scared of the "one who must not be named"!. However, look at our history...we've had so many great players!. So we can't be that bad?.
Southampton Heart wrote: If it saves us...then so be it...it's worth it!. Let cut our loses and move on. His "Heart" wasn't with us!. There's plenty of players out there who'd love to play for Saints!.I must have missed the queue of players beating down our door to play for us!!
worried of e sussex
says...
10:56am Thu 28 May 09
Ozmosis
says...
10:59am Thu 28 May 09
dannyfloyd
says...
11:05am Thu 28 May 09
dannyfloyd
says...
11:09am Thu 28 May 09
Southampton boy wrote:who said it was over night? its been up for sale for ages... and what difference does it make to us? stop worrying. look at sunderland as an example. who'd have thought the deal with quinns gang would have ended up where it is. we need someone to slowly get us back to the championship and then see where we are at. then hopefully the prem. i am still optimistic.
what I still do not understand is why is it a team like P****y you know that place down the road can sell there club what seem to be over night to a rich Arib and they do not have a ground anywhere near as good as SMS their set up is not as good we are told as ours and yet we stilll cannot find a buyers for Southampton???? what is stopping these poeple from coming in to buy our club?? is it "RL" asking for too much "WHY O WHY" ARE WE HAVING SO MUCH PROBLEMS
SaintJez
says...
12:32pm Thu 28 May 09
Charlie George's Lawnmower
says...
12:59pm Thu 28 May 09
THE REALISTIC SAINT
says...
1:32pm Thu 28 May 09
Jesus_02
says...
2:27pm Thu 28 May 09
Northern Saint wrote:If the Rasiak deal broke down due to wage demands what do you reckon?
I would sincerely hope that the players have agreed to forego wages for at least a month as a sign of support and acceptance of their part in Saints downfall Can anyone confirm?
bumblysaint
says...
2:44pm Thu 28 May 09
stoney79
says...
3:15pm Thu 28 May 09
dave_scfc
says...
11:21am Fri 29 May 09
bunneymen
says...
12:54pm Fri 29 May 09
Jon Weeks
says...
1:57pm Fri 29 May 09
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deadly666 says...
7:58am Thu 28 May 09
Don't get me wrong, I'm glad to see the back of this trouble maker, but the fee is absurd.
What's next?
£250,000 for Rasiak?
£250,000 for Saga?
Come on Mr Fry, start doing your job properly and act in th best interests of the club.
And how ironic, the security words are DOOR FREE. Very apt considering everything is going on the cheap!!!