Does Southampton FC still exist ?

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Does Southampton FC still exist ?

Post  jpr60 on Sun Jul 05, 2009 7:31 pm

I thought they were being wound up by administrators if nobody had made any moves to buy them by last Friday !

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Re: Does Southampton FC still exist ?

Post  FrenchSpur on Sun Jul 05, 2009 7:37 pm

jpr60 wrote:I thought they were being wound up by administrators if nobody had made any moves to buy them by last Friday !

wasnt the club that went bust was the holding company...

I read a swiss familly were interested..

What I dont quite get is that if this 10 point penalty is legal and fine.. Why were the league so against allowing the club in to court to fight it ??
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Re: Does Southampton FC still exist ?

Post  Bedshammer on Sun Jul 05, 2009 7:49 pm

Didn't the holding company exist purely as a rather hopeful legal loophole?
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Re: Does Southampton FC still exist ?

Post  jpr60 on Sun Jul 05, 2009 7:52 pm

Bedshammer wrote:Didn't the holding company exist purely as a rather hopeful legal loophole?

Course it did and it didn't work. They sold off a couple of players and could, apparently settle their wage bill but I'd read that last Friday was deadline day - I've not seen anything since except this Swiss family who appear to be interested, but if Friday was the day then they should be shutting up shop.

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Re: Does Southampton FC still exist ?

Post  FrenchSpur on Sun Jul 05, 2009 7:55 pm

Bedshammer wrote:Didn't the holding company exist purely as a rather hopeful legal loophole?


Got news for you.. thats why all holding ccompanies exits
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Re: Does Southampton FC still exist ?

Post  Bedshammer on Sun Jul 05, 2009 8:14 pm

FrenchSpur wrote:
Bedshammer wrote:Didn't the holding company exist purely as a rather hopeful legal loophole?


Got news for you.. thats why all holding ccompanies exits

Yes, but in this case they tried to shift ownership of the debt. The company is trading at a loss and that's why they were put into administration. And that's why the points were deducted. As for the appeal, by signing up to the league, you sign up the the fact that the FA is autonomous and there is no right of appeal.
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Re: Does Southampton FC still exist ?

Post  jpr60 on Mon Jul 06, 2009 7:32 pm

Interestingly it's apparently the Liebherr Holdings organization who are somehow interested in rescuing (as in taking over) the Saints. They are a world-wide operator but as far as I know their only connection with sport is show-jumping, a Liebherr daughter is something of a horse-rider in her own right. Cash is certainly not a problem - I'm surprised that a German, Swiss-based company (or person) is interested but hey, let's wait and see.

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Re: Does Southampton FC still exist ?

Post  Bedshammer on Mon Jul 06, 2009 7:35 pm

Apparently Stockport may be coming out of administration before the start of the new season, in which case the points deduction won't apply.
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Re: Does Southampton FC still exist ?

Post  jpr60 on Mon Jul 06, 2009 7:37 pm

Bedshammer wrote:Apparently Stockport may be coming out of administration before the start of the new season, in which case the points deduction won't apply.

Does that mean Southampton could do likewise ?

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Re: Does Southampton FC still exist ?

Post  Bedshammer on Mon Jul 06, 2009 7:40 pm

jpr60 wrote:
Bedshammer wrote:Apparently Stockport may be coming out of administration before the start of the new season, in which case the points deduction won't apply.

Does that mean Southampton could do likewise ?

I expect it does.
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Re: Does Southampton FC still exist ?

Post  jpr60 on Mon Jul 13, 2009 8:35 pm

So a Mr Markus Liebherr (that should probably be Herr M. Liebherr) takes over the club, virtually saves it from drowning and immediately kicks the reigning manager into touch despite his having agreed to hang on even if the club appeared to be falling apart.
Loyalty is obviously not one of Herr Liebherr's criteria when appointing management - perhaps 'Arry's coming back then, eh ?

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Re: Does Southampton FC still exist ?

Post  jpr60 on Fri Jul 17, 2009 7:36 am

I'm hearing that this Markus Liebherr story has been greeted in Switzerland with disbelief. Apparently Herr Liebherr is not particularly young, has no connection with sport and has no interest (or 'passion' as they say) for football and nobody can understand why he has thrown money at an English football club. There must be an angle somewhere but nobody over there can understand what he's doing.
Mmmm. So someone with no football knowledge, nor interest bungs a good wedge at a football club teetering on the brink of extinction, fires the loyal manager..........I think this one will run.
And they've now appointed Alan Pardew as manager - say no more !

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Re: Does Southampton FC still exist ?

Post  Guest on Fri Jul 17, 2009 2:45 pm

Alan Pardew is a wanker.

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