Southampton; a real mystery.

Discussion in 'Bulletin Board ARCHIVE' started by E.I. Addio, Apr 23, 2009.

  1. E.I. Addio

    E.I. Addio Well-Known Member

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    Balance sheet.

     Profit
    Recent Premiership side - parachute payments et al...</p>

    Large gate, strong fan base.</p>

    Sold Peter Crouch (£7M) </p>

    Sold Kevin Phillips (£1M)</p>

    Sold Theo Walcott (£5M)</p>

    Sold Nigel Quashie (£1.2M)</p>

    Sold Gareth Bale (£5M)</p>

    Sold Kenwyn Jones (£6M)</p>

    Sold Chris Baird (£3M)</p>

    Total In £22.2M + Others at <£1M</p>

    Liabilities / deficits</p>

    High cost of new stadium though offset by land development on the Dell.</p>

    Rupert Lowe.</p>

    Root Cause</p>

    Probably getting taken over (55% share) by the hedge fund specialist SISU with the club suffering the saqme down turn as the finance firm did.</p>

    Rupert Lowe's incompetence. E.g. Appointing Clive Woodward onto the training staff.</p>

    --------------------------------------</p>

    Lie down with dog's - get up with flees.</p>

    There but for the grace of god go we..........</p>

     </p>
     
  2. Amos

    Amos New Member

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    Basically, they're not reight good at making decisions.</p>

    Tha sees.
    </p>
     
  3. Gue

    Guest Guest

    a bit like us then...

    when it comes to deciding to give Davey the sack . just cannot take that decision to get rid of the root cause of the mess we are in .
     

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