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10:05am Wednesday 1st April 2009 in News
By Gordon Simpson, Senior Sports Reporter
FORMER chairman Leon Crouch has refused to comment on whether he would make a return to power at Saints if administration becomes a reality.
Shares in the club were suspended this morning and the parent company, Southampton Leisure Holdings PLC, is thought to be close to calling in administrators.
If that happens, the first job would be to try to rescue the business, potentially by selling assets and trying to renegotiate with creditors how much debt would be paid back for an early settlement.
They would also look to find new owners that could take the business forward.
When contacted by the Daily Echo this morning, Crouch, the second largest individual shareholder, refused to be drawn on whether he would be interested.
“I think at the present time I wouldn’t want to make any comment,” he said.
“It really needs to unravel, what’s actually happening.”
Comments(17)
westsaxon
says...
11:14am Wed 1 Apr 09
westsaxon
says...
11:16am Wed 1 Apr 09
westsaxon wrote:oops... sorry. I don't know whether to laugh or cry.
I don't whether to laugh or cry.
allsaintsnocurves
says...
11:21am Wed 1 Apr 09
Costa Baz
says...
12:41pm Wed 1 Apr 09
BP
says...
12:47pm Wed 1 Apr 09
Fides wrote:I know, how awful it was to have a Chairman for a few short Months who tried to eradicate the inherited financial problems caused by relegation under Lowe's tenure, then overspending on expensive players in a failed attempt to gain promotion under Wilde's tenure.
Just when I thought things couldn't get worse. Please no. Not Crouch again. Still - footie Saturday. Can't wait.
Fides
says...
1:04pm Wed 1 Apr 09
BP wrote:Sorry - must have blinked and missed the saviour.
Fides wrote:I know, how awful it was to have a Chairman for a few short Months who tried to eradicate the inherited financial problems caused by relegation under Lowe's tenure, then overspending on expensive players in a failed attempt to gain promotion under Wilde's tenure.
Just when I thought things couldn't get worse. Please no. Not Crouch again. Still - footie Saturday. Can't wait.
Shame on you Leon to offer to put your own money into the club and putting SFC before your own pocket.
BP
says...
1:36pm Wed 1 Apr 09
Fides wrote:Sorry, Im not sure where I said he was a saviour?
BP wrote:Sorry - must have blinked and missed the saviour. You only need to read and listen to the words he says and then see the action he takes. His lack of action doesn't live up to his mouth and I think we could do with a little better than that - although maybe that's all we deserve. Still, I live in hope that Gavin Davies is keeping an eye on things.Fides wrote: Just when I thought things couldn't get worse. Please no. Not Crouch again. Still - footie Saturday. Can't wait.I know, how awful it was to have a Chairman for a few short Months who tried to eradicate the inherited financial problems caused by relegation under Lowe's tenure, then overspending on expensive players in a failed attempt to gain promotion under Wilde's tenure. Shame on you Leon to offer to put your own money into the club and putting SFC before your own pocket.
St Retford
says...
1:39pm Wed 1 Apr 09
oldtimesaint
says...
2:18pm Wed 1 Apr 09
DJI
says...
2:35pm Wed 1 Apr 09
kel12
says...
3:54pm Wed 1 Apr 09
Traceyf
says...
6:51pm Wed 1 Apr 09
BP wrote:Yep shame on Crouch who support Wilde and his plans.
Fides wrote: Just when I thought things couldn't get worse. Please no. Not Crouch again. Still - footie Saturday. Can't wait.I know, how awful it was to have a Chairman for a few short Months who tried to eradicate the inherited financial problems caused by relegation under Lowe's tenure, then overspending on expensive players in a failed attempt to gain promotion under Wilde's tenure. Shame on you Leon to offer to put your own money into the club and putting SFC before your own pocket.
Stossie
says...
7:15pm Wed 1 Apr 09
Traceyf
says...
10:19pm Wed 1 Apr 09
BP wrote:Which buyers might they be then? Remember that Crouch rejected SISU as well.
Fides wrote:Sorry, Im not sure where I said he was a saviour? We do deserve better. Crouch does have the clubs interest at heart which showed when we at least had interested buyers during his time.BP wrote:Sorry - must have blinked and missed the saviour. You only need to read and listen to the words he says and then see the action he takes. His lack of action doesn't live up to his mouth and I think we could do with a little better than that - although maybe that's all we deserve. Still, I live in hope that Gavin Davies is keeping an eye on things.Fides wrote: Just when I thought things couldn't get worse. Please no. Not Crouch again. Still - footie Saturday. Can't wait.I know, how awful it was to have a Chairman for a few short Months who tried to eradicate the inherited financial problems caused by relegation under Lowe's tenure, then overspending on expensive players in a failed attempt to gain promotion under Wilde's tenure. Shame on you Leon to offer to put your own money into the club and putting SFC before your own pocket.
soton3009
says...
11:08pm Wed 1 Apr 09
StDave
says...
9:29am Thu 2 Apr 09
Costa Baz wrote:I think you'll find Crouch only offered to put £2M of his own money in if Lowe and Wilde did the same knowing it was never going to happen. Under those conditions I could have offered to do the same. Now that Lowe and Wilde are gone let's see if the £2M Crouch was waving around is forthcoming. I very much doubt it.
To think just a few weeks ago, Crouch offered to put up 2m of his own money to clear the overdraft, IF Lowe & Wilde would do the same. Should Lowe now try to pick up the club we will all know what his motivation was for rejecting Crouch's offer.
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Fides says...
10:23am Wed 1 Apr 09
Please no. Not Crouch again.
Still - footie Saturday. Can't wait.