Southampton in chaos

[Cheeky Monkey]

Bet Gus is licking his lips about playing them on Saturday

I'll also bet that John Anthony Portsmouth Football Club Westwood is treating himself to a few hand shandies off the back of this news. His bell will be ringing like never before.

 

[TheJasperCo]

What's Clattenberg done now, the barstard?

 

[Billy the Fish]

I think you misunderstand. I agree that there is no money to be made by whoever buys Saints now. There definitely IS money to be made in identifying a decent sized club that is languishing in Legaue One, buying it on the cheap, investing to get them into the Prem and then selling up. Obviously its a GAMBLE though.

Ahhhhh, I see what you mean.

It will be interesting to see how much it goes for and how much of their investment they actually get back. I've had a quick browse around google and it looks like when Liebherr payed off all the debts he actually transferred the debt to himself so I wonder if they'll want that back. After that the club has lost about £7m every year so break even must be at least £60m.

 

[Seagull over Canaryland]

How about a cheeky bid from Milan Mandaric - he must be about due to buy another Club and the irony might just cheer up those miserable Pompey fans.

Won't happen but the thought of a bit more mischief in Hampshire is amusing. Then bring back Harry as manager - maybe the latter isn't too far fetched.

 

[Bevendean Hillbilly]

If I were a Saints fan and lived in cloud cuckoo land I would be hoping that Ms Liebherr gives the club to the fans. Im not and she wont and for sure this is going to upset the team/club unless the sale goes through very quickly. My feeling is that its a rather saleable asset at the moment to someone who wants a new plaything.. A name change to the The South Coast Saints or worse beckons..

Perhaps Portsmouth fans could buy them up as a going concern? Change the strip to blue, rename St. Mary's Fratton Park and change the name to...oh I don't know...Portsmouth...then immediately go into admin, shaft the creditors and jobs a good in.

 

[Mackenzie]

The timing of the sale looks perfect for the maximum return. Miss Liebherr has inherited her old man's business acumen.

 

[Not Andy Naylor]

NAN - I wasn't suggesting for a minute that they'd be selling players - I was just looking at the theoretical value / worth of those players, as part of a saleable overall package, should the Liebherr family look to sell up. As you say - it looks pretty attractive.

I was making a general point in answer to a suggestion that they'd be going, er, "tits-up" I believe the expression is. Also, having talked to some people down there, I'm not entirely convinced Cortese will leave. His "people" are briefing that it's gone past the point of no return, but in that case why doesn't he just sign the deal that I understand was agreed earlier today and disappear?

 

[Icy Gull]

BBC South saying Cortese's departure is imminent and Miss Liebher to take over

 

[Springal]

Breaking News on the way on Sky Sports News apparently...

Cortese hands in resignation !

 

[pornomagboy]

He just quit lol

 

[Triggaaar]

Also, having talked to some people down there, I'm not entirely convinced Cortese will leave.

Breaking News on the way on Sky Sports News apparently...

Cortese hands in resignation !

 

[Springal]

Southampton FC announces that club owner Katharina Liebherr has taken on the role of non-executive Chairman. #saintsfc

 

[Vicar!]

They should get in touch with Pompey. Perhaps they could put them in touch with a suitable new owner. After all, they have a lot of experience.

New owner, mad ideas, what price a merger? Southmouth has a lovely ring.

 

[Willy Dangle]

Now left according to Twitter

 

[seagullsovergrimsby]

Ahhhhh, I see what you mean.

It will be interesting to see how much it goes for and how much of their investment they actually get back. I've had a quick browse around google and it looks like when Liebherr payed off all the debts he actually transferred the debt to himself so I wonder if they'll want that back. After that the club has lost about £7m every year so break even must be at least £60m.

I think the debt of around £33M has already been converted into club shares so basically Southampton are debt free.

 

[seagullsovergrimsby]

New owner, mad ideas, what price a merger? Southmouth has a lovely ring.

Southampton Redsox

 

[Mackenzie]

http://www.independent.co.uk/sport/...-chairman-nicola-cortese-resigns-9061006.html

Meltdown.

 

[portslade seagull]

Shame

 

[seagullsovergrimsby]

Gus to Southampton ?

 

[Farehamseagull]

I hope this all makes Saints fans have sleepless nights. Quite an arrogant bunch, and this includes work colleagues of mine.

This.

I hope Poch quits, Liebher pulls her money out, no one buys them, they they go into admin AGAIN, sell all their best players cheaply, get relegated for three seasons in a row with their fans regularly caught crying on camera and end up at the bottom of division 4 fighting relegation out of the league along with the mob from the other end of the M27. That would make me laugh, a lot.