Southampton Pulled From The Fire

Ian

Ian began writing Twohundredpercent in May 2006. He lives in Brighton. He has also written for, amongst others, Pitch Invasion, FC Business Magazine, The Score, When Saturday Comes, Stand Against Modern Football and The Football Supporter. Ian was the first winner of the Socrates Award For Not Being Dead Yet at the 2010 NOPA awards for football bloggers.

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8 Responses

  1. Martin says:

    They ALWAYS make the right noises about how they intend to run the club. Personally, I’ll wait and see, especially how they cope with a possible extra 15 point deduction for failing to agree a CVA.

  2. Martin says:

    Their administrator was Mark Fry, not John.

  3. James says:

    Sorry to disappoint you, but they didn’t need a CVA … He paid it in full.. We are debt free.

  4. Steve says:

    It has been very quiet on the CVA front. Has one been agreed? How did they overcome the catch 22 that HMRC will not agree to a CVA if football creditors receive 100%? And it cant be that they paid HMRC 100% and no-one else because that is unlawful. Are there further points deductions to come?

  5. Wurzel says:

    Saints have not been bought by the “Liebherr Group” but by Markus Liebherr personally. He withdrew from the family business years ago but still worth £2.5billion on his own !
    As a Saints fan I’m pleased with the one step at a time approach. After 6 years of slow and steady decline anything else would come as too much of a shock
    MY BLOG on same subject.

    @Martin The Football League have already confirmed we’ve done everything by the book, -10 points and that’s it

  6. Weston Saint says:

    Now late December and the new owners seem to be “doing what it said on the tin”

    Saints Alive and Kicking. You bet

  7. Weston Saint says:

    Interesting interview on Radio Solent with Cortese yesterday;

    would not have taken the job to be chairman just in league 1 – only to be a premiership chairman.

    The club is totally debt free and is not going to use banks for finance.

    The training ground development is all being paid with by Liebherr putting his hand in his pocket and fans should not worry about the club building up debts.

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