The Return Of The Saints: Southampton’s Rapid Ascent To The Premier League

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. SD says:

    Good performance by Saints on Saturday [watched the game on the TV]. Great to see them back in the PL and hopefully they will prosper there. It’s good to see how a combination of thoughtful club ownership and astute managerial skills have restored Saints to the top flight when a few years ago they nearly wnt to the wall.

    The pitch invasion at the final whistle was great fun to witness.

  2. Wall says:

    Aah, yes. Nearly went to the wall.
    Yup, screwed over lots of smaller businesses and, no doubt, the St John Ambulance, but fuck it, we’re ok now….

  3. Tim Vickerman says:

    Congratulations to Southampton and I wish them every success next season. Hard to believe it was just a year ago we pushed them so close for the 2nd automatic promotion spot from League 1. Looks likely we’ll start next season 2 divisions apart.

    Shame to see Tadanari Lee get injured and miss the run-in after he seemed to be settling in. Hope he gets a few chances to play next season.

  4. mike says:

    ” After all, the Championship this season featured three clubs relegated from the Premier League and several others who had fallen into in in the years prior to last year as well”

    Could you point out a championship season where that wasn’t the case? In danger of believing your own hype a bit there!

  5. Joe says:

    @ WALL “Yup, screwed over lots of smaller businesses and, no doubt, the St John Ambulance, but fuck it, we’re ok now….”

    Wrong actually. Unlike most clubs who exit administration, Southampton, or more accurately the late chairman Markus Liebherr, paid all of the club’s debts in full – every penny. Therefore, even the small creditors which, after the Preferred Creditors Ruling, tend to be the biggest losers when a club goes into administration, were paid everything they were owed.

  6. The Wall says:

    Joe – happy to stand corrected on that but let’s not get too worked up about his money.
    Firstly, it was all a loan, so in fact, despite being a billionaire he had only loaned Southampton £30m (give or take).

    The I found this little snippet “Southampton, promoted from League One last season, made a loss of £11.5m to June 2011 despite going up. Wages accounted for 93 per cent of the £16.4m turnover”

    Wonderful! £11m loss- fantastic. That sure is a good way to get back into that administration loop that your friends down the road achieve so well.

    OK, now the £30m loan has been converted to shares that the family of Markus Liebherr want to flog.
    So you will have a new owner, who will be £30m worse off ( aminimum amount) and no doubt, they will want a return on their investment of £30m+.

    So…….. good luck, you’ll need it.

  7. Joe says:

    @WALL – Oh, I’m well aware that our financial situation is far from a paragon of restraint (though compared with the blue half of Hampshire, it is…) but at least we came out of administration the right way – paying off all the creditors in full. I just hope that the influx of Premier League money will be used to shore up the financial base of the squad and not entirely spanked on players…

  8. Gerry Prewett says:

    As a Bristol Rovers fan I will be delighted to see Rickie Lambert given his opportunity to play at the highest level. I think some Premier League defenders are in for a nasty shock!

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