Smeg 0 Posted August 14, 2007 Looks like they just had a firesale to keep a float! http://news.bbc.co.uk/sport1/hi/football/teams/s/southampton/6945763.stm Share this post Link to post Share on other sites
The Walking Man 13 Posted August 14, 2007 That is the biggest load of rubbish going( the bbc story) , this is the same club who was going to be taken over by the ninth richest man in the world until they sold bale. And people want the norwich board sacked... Share this post Link to post Share on other sites
lappinitup 629 Posted August 14, 2007 Easily sorted!!''''SACK THE BOARD'''' Share this post Link to post Share on other sites
ellis206 0 Posted August 14, 2007 yeah i heard they were close to going into administration, they went down the same year as Norwich did and we have spent more money than them, just goes to show how well run Norwich is, credit to Delia and the board!! i''m just glad we dont have fools like Arthur whittle and Smudger running the club, we''d be bankrupt within the year because they''d be spending all our money because their "ambitious" Share this post Link to post Share on other sites
Carrow89 186 Posted August 14, 2007 This is not unexpected. The noises coming out of Southampton all summer have been pretty negative.The club appear to have simply scraped everything they had, and much they didn''t have, to throw at one desperate promotion challenge - much as many of the closet binners and non too bright ''binner mentality ''city'' fans on here have been clammering for.This all or nothing attitude is fine if it works, but an absolute disaster when it doesn''t. Unfortunately many clubs, like the incompetent idiots down the A140, had little choice. They''ve indebted themselves to the point where those debts cannot be met in the Championship. Thankfully the powers to be have brought in a heavier hand and are now prepared to penalise clubs who think that they can ;ive well beyond their means and then simply pull the plug if it all goes wrong. I''m sure that the docking of 15 points from Leeds has been quite a wake up call for many clubs. Southampton have taken a more'' honourable'' option, whether by choice or obligation maybe a moot point but it should also act as a wake up call to fans - armchair or not.Odd thought though, wee George is once again involved. He does seem to find himself in places where the finances are all over the place and the chairmanship appears in the hands of someone totally unsuitable for the job. Share this post Link to post Share on other sites
lobster catcher 0 Posted August 14, 2007 [quote user="ellis206"]yeah i heard they were close to going into administration, they went down the same year as Norwich did and we have spent more money than them, just goes to show how well run Norwich is, credit to Delia and the board!! i''m just glad we dont have fools like Arthur whittle and Smudger running the club, we''d be bankrupt within the year because they''d be spending all our money because their "ambitious"[/quote]Hope you have got a hard hat mate cos the bombs are about to start dropping,For what its worth though i agree with you Share this post Link to post Share on other sites
Syteanric 1 Posted August 14, 2007 [quote user="Ralph Wright"]This is not unexpected. The noises coming out of Southampton all summer have been pretty negative.The club appear to have simply scraped everything they had, and much they didn''t have, to throw at one desperate promotion challenge - much as many of the closet binners and non too bright ''binner mentality ''city'' fans on here have been clammering for.This all or nothing attitude is fine if it works, but an absolute disaster when it doesn''t. Unfortunately many clubs, like the incompetent idiots down the A140, had little choice. They''ve indebted themselves to the point where those debts cannot be met in the Championship. Thankfully the powers to be have brought in a heavier hand and are now prepared to penalise clubs who think that they can ;ive well beyond their means and then simply pull the plug if it all goes wrong. I''m sure that the docking of 15 points from Leeds has been quite a wake up call for many clubs. Southampton have taken a more'' honourable'' option, whether by choice or obligation maybe a moot point but it should also act as a wake up call to fans - armchair or not.Odd thought though, wee George is once again involved. He does seem to find himself in places where the finances are all over the place and the chairmanship appears in the hands of someone totally unsuitable for the job.[/quote] dare i say it i rate Burley as a Manager, i feel a bit sorry for him as u say he always end up the fall guy for some dithering idiot at the top who really doesnt have a clue!jas :) Share this post Link to post Share on other sites
Carrow89 186 Posted August 14, 2007 Four times does rather bring his judgement into question.Interesting bit where he mentions that the binners should have off loaded players that summer of 2002 rather than hang on to them in the hope that they could bounce straight back up. A reasoned gamble, in the circumstances some might say.Fair point (or should I say call nowadays!) were it not for the reality being that the club had no option. The money coming in would have staved off administration that season and possibly for a season or so more. However as events have proved, and in direct contradiction of sheepshank''s deception about being able to meet the payments outside of the Premiership, the payments were too much for their championship income. There was no choice but to keep the players and trust that they could go straight up.As a binner I can see why you would post on here claiming to be a City fan in the hope that you could put over a fair argument for us doing likewise. It''s just a shame that some genuine City fans can''t see through that charade. Share this post Link to post Share on other sites
ricky knight 0 Posted August 14, 2007 [quote user="ellis206"]yeah i heard they were close to going into administration, they went down the same year as Norwich did and we have spent more money than them, just goes to show how well run Norwich is, credit to Delia and the board!! i''m just glad we dont have fools like Arthur whittle and Smudger running the club, we''d be bankrupt within the year because they''d be spending all our money because their "ambitious"[/quote] Same old rubbish by the Delia is God brigade, a little more ambition we would still be in the prem, a little ambition is what is called for not stupidity, Delia is so tight should would not give a door a bang. Share this post Link to post Share on other sites
Mr.Carrow 394 Posted August 14, 2007 Southampton took a gamble in investing fairly heavily knowing that should they fail they had valuable assets to sell to balance the books. This is what is now happening- and don`t forget they still have enough to tempt one of our best players away. Southampton fans were treated to an exciting stab at promotion through the play-offs and the clubs competitive spirit remains intact.We, on the other hand, started selling our assets straight after relegation and expected the manager to find quality replacements for free or a few £100k, therebye setting in motion an inevitable decline on the pitch. The club has made millions in profit in the transfer market whilst receiving £14million in parachute payments and yet the "not-so-bright" element on here still scratch their heads in puzzlement as to where it all went wrong.The two clubs are actually now in a quite similar state, the main difference being that they actually TRIED to be successful on the pitch whereas our board capitulated at the first hurdle and cashed in its chips as soon as it could. Still, at least the tax man has made £2.5million out of us since relegation so its not all bad. Share this post Link to post Share on other sites
One Flew Over... 33 Posted August 14, 2007 Southampton were in the Premiership since it started, and so would have had a Premiership squad, and set up (coaches / youth / academy). Norwich were only there for a season, so the teams were not exactly starting from the same place when relegated. We aren''t now in a similar state as we are still in the cup (at the time of writing..!) [;)]There''s a good thread here on Southampton, PLC status, and their current postion. "Lowe simply kept a tight ship and perhaps did not release the funds necessary for us to kick on when we could have done, but the new board released so much more than we could afford, which in my view and the long-term future of the club is much, much worse." Share this post Link to post Share on other sites
Smudger 0 Posted August 14, 2007 [quote user="Mr.Carrow"]Southampton took a gamble in investing fairly heavily knowing that should they fail they had valuable assets to sell to balance the books. This is what is now happening- and don`t forget they still have enough to tempt one of our best players away. Southampton fans were treated to an exciting stab at promotion through the play-offs and the clubs competitive spirit remains intact.We, on the other hand, started selling our assets straight after relegation and expected the manager to find quality replacements for free or a few £100k, therebye setting in motion an inevitable decline on the pitch. The club has made millions in profit in the transfer market whilst receiving £14million in parachute payments and yet the "not-so-bright" element on here still scratch their heads in puzzlement as to where it all went wrong.The two clubs are actually now in a quite similar state, the main difference being that they actually TRIED to be successful on the pitch whereas our board capitulated at the first hurdle and cashed in its chips as soon as it could. Still, at least the tax man has made £2.5million out of us since relegation so its not all bad.[/quote]Exactly... we sold off the family silver even prior to having an attempt to win promotion back with the parachute money we were receiving.With Ashton, Francis, Green and Earnshaw gone where is the difference?The only difference I see is that Southampton had a stab at things last season and even this season will be likely to finsih way above us too...Utterly laughable yet again from the lame excuse brigade!!! Share this post Link to post Share on other sites
lappinitup 629 Posted August 14, 2007 [quote user="Smudger"][quote user="Mr.Carrow"] Southampton took a gamble in investing fairly heavily knowing that should they fail they had valuable assets to sell to balance the books. This is what is now happening- and don`t forget they still have enough to tempt one of our best players away. Southampton fans were treated to an exciting stab at promotion through the play-offs and the clubs competitive spirit remains intact.We, on the other hand, started selling our assets straight after relegation and expected the manager to find quality replacements for free or a few £100k, therebye setting in motion an inevitable decline on the pitch. The club has made millions in profit in the transfer market whilst receiving £14million in parachute payments and yet the "not-so-bright" element on here still scratch their heads in puzzlement as to where it all went wrong.The two clubs are actually now in a quite similar state, the main difference being that they actually TRIED to be successful on the pitch whereas our board capitulated at the first hurdle and cashed in its chips as soon as it could. Still, at least the tax man has made £2.5million out of us since relegation so its not all bad.[/quote]Exactly... we sold off the family silver even prior to having an attempt to win promotion back with the parachute money we were receiving.With Ashton, Francis, Green and Earnshaw gone where is the difference?The only difference I see is that Southampton had a stab at things last season and even this season will be likely to finsih way above us too...Utterly laughable yet again from the lame excuse brigade!!![/quote]All four went because they wanted premiership football. Southampton had to sell. That''s the difference!! Share this post Link to post Share on other sites