Now we're getting somewhere... (11 Viewers)

[Deleted member 5849]

So what noises are these?

http://www.independent.co.uk/sport/...g-up--and-so-do-the-new-stadiums-8890503.html

Meanwhile, in a dispute which has echoes of the one that has led to Coventry City playing in Northampton, Hull’s owner, Assem Allam, is threatening to build his own stadium in an attempt to force the council to sell him the KC, which is only 11 years old. Stadiums can be expensive to build and maintain, but not owning your ground limits revenue streams. In Italy, where stadiums are traditionally council-owned, Juventus have built their own and are reaping the benefits, with stadium earnings tripling.

 

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[covmark]

So you can guarantee he wouldn't have?

no, but the chap assumes we would be where Southampton are if sisu hadn't taken over. Plus Liebherr got the ground and the club as a package when he bought Saints. No dealings with greedy stadium management companies

 

[James Smith]

no, but the chap assumes we would be where Southampton are if sisu hadn't taken over. Plus Liebherr got the ground and the club as a package when he bought Saints. No dealings with greedy stadium management companies

Were Saints ever in as bad financial shape as us?

 

[skybluetony176]

Were Saints ever in as bad financial shape as us?

they almost got bought by sh1tsu, so they couldn't have been far off.

 

[Astute]

http://www.independent.co.uk/sport/...g-up--and-so-do-the-new-stadiums-8890503.html

Do you know what that one line really means? I bet you think that it is similar to our situation. If you tell us all that you know I will tell you the facts.

 

[covmark]

Were Saints ever in as bad financial shape as us?

Yep, they were in a dire situation, 10pt deductions etc, scratching around at the bottom of league 1. Liebherr came in with his billions and transformed them. Although many of my Saints pals dispute that the money is a reason for their recent success :facepalm:

 

[skybluefred]

Going back to the Ricoh is or would be a backward step, everyone conveniently seems to have forgotten that the unsustainable rent deal (£1:28 Million) was signed more than 2 years before we even moved-in 2003 and just to "break-even", we required gates in excess of 23,000! Give me strength!

Our current owners should not have agreed to it when they took over the club but the rent issue had previously been brought to the councils attention by our chairman in 2005/06 but his requests for a revue were turned down. He borrowed heavily to off-set the losses we inevitably were making and was unable to repay the debt.

If it hadn't been for our current owners we'd be where???????????????????????

DEFINITELY NOT IN THE FOOTBALL LEAGUE !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Be very careful what you wish for.

To all of you who have questioned my response to the above post.

I was implying we wouldn't have been worse off and very likely a lot better off.

Back in 2007 had the horrendous sisu not have got their grubby hands on the club,the club might have ended up in
administration. Had that have happened somebody would PROBABLY have stepped in and bought the club.
Failing that we would have been wound up and a new club would have been formed, a debt free club working it's way back up the minor league's and by now would have been back in the football league proper. Even that scenario would have been better than sisu.

 

[covmark]

To all of you who have questioned my response to the above post.

I was implying we wouldn't have been worse off and very likely a lot better off.

Back in 2007 had the horrendous sisu not have got their grubby hands on the club,the club might have ended up in
administration. Had that have happened somebody would PROBABLY have stepped in and bought the club.
Failing that we would have been wound up and a new club would have been formed, a debt free club working it's way back up the minor league's and by now would have been back in the football league proper. Even that scenario would have been better than sisu.

No, you didn't imply anything. You explicitly stated that if sisu hadn't taken over we would be where Southampton are. How can you make that assumption?

 

[hutch1972]

To all of you who have questioned my response to the above post.

I was implying we wouldn't have been worse off and very likely a lot better off.

Back in 2007 had the horrendous sisu not have got their grubby hands on the club,the club might have ended up in
administration. Had that have happened somebody would PROBABLY have stepped in and bought the club.
Failing that we would have been wound up and a new club would have been formed, a debt free club working it's way back up the minor league's and by now would have been back in the football league proper. Even that scenario would have been better than sisu.

no probably about it , someone would have bought us without doubt. I find all the talk that we would have gone to the wall total and utter nonsense .