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Askham: Why I'm still backing Rupert

6:40am Friday 16th May 2008

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The man who first brought Rupert Lowe to Saints has backed his return- but has warned major cuts will have to be made to stabilise the club's finances.

Guy Askham, who was chairman at the time of Lowe's reverse takeover of Saints in 1997, has spoken out to explain his support for the return of Lowe along with another former chairman, Michael Wilde.

There is a clear divide of opinion over the state of the finances of the club between the outgoing board led by Leon Crouch and the new one of Lowe, Wilde and Andrew Cowen.

Both parties also apportion the blame for perceived problems to different places.

What does seem clear is that Lowe and Wilde are bracing themselves to make unpopular cuts that could include reducing the wage bill of the first team squad, though they are keen to put cash into the academy.

Askham, who rarely speaks publicly, issued a statement to the Daily Echo in which he explained his reasons for siding with Lowe once again.

Guy Askham's statement - see today's Daily Echo.


Your Say YourThis is Hampshire

Philip Sutherland, Romsey says...
7:44am Fri 16 May 08

One cut back is directors don't take a wage until the club is decently solvent again.

Guy: you got us into this mess. I hope you are ashamed of yourself.

Phil, Lordwood says...
7:51am Fri 16 May 08

I think most thinking Saints supporters are glad Lowe is back to steady the ship.I think we can now a sensible push for promotion next season.

Captain Swing, Southampton says...
7:56am Fri 16 May 08

Phil wrote:
I think most thinking Saints supporters are glad Lowe is back to steady the ship.I think we can now a sensible push for promotion next season.
I'm glad Rupert's back too, but I think a push for promotion, "sensible" or otherwise, is being widely optamistic.
The target for next season remains having a Club to support at the end of it.

Wazza, says...
8:04am Fri 16 May 08

reducing the wage bill of the first team squad, though they are keen to put cash into the academy.


Reduce the wage Bill yes (including the directors wages)

Push money into the academy NO!!! Now is not the time. If we push what little money we have into the academy we won't see it's benefits for years to come. We need to rebuild now in the hope that we won't be scrapping it out again next year. Give money to Pearson who I believe can make sensible Championship signings i.e. hungry, prehaps older professionals that know what is needed at this level and won't want rediculous wages to do it.

I'm not happy with Lowes return, please get something right Lowe. You're like a broken record harping on about our academy. Yes the products of our academy have kept us solvent since going down but who was a large factor in us going down? Rupert Lowe!!!

Fred, Southampton says...
8:07am Fri 16 May 08

Phil wrote:
I think most thinking Saints supporters are glad Lowe is back to steady the ship.I think we can now a sensible push for promotion next season.
I disagree with you entirely.

As you are using navy metaphors, I will continue by saying that Lowe rocked the boat in the first place, leaving us rudderless with atrocious appointments meaning we did not win matches in the relegation season we should have done so when the stormy seas came at the end of the season we were sunk.

He is full of wind in his sails but steers in the wrong direction most of the time.

Yes he is back, but most fans see him as a pirate who has come to plunder the club again and line his pockets with waht treasure is left.

Most fans are looking for a real chairman who has more ideas than this.

Saint Stan, says...
8:11am Fri 16 May 08

Askham has zero credibility, of course he would side with Lowe, the man has no backbone and would jump off a cliff if Rupert asked him to.

Believe you me, the people who will be financially bailing out the club will be THE FANS . Lowe is going to put ticket prices UP. He sees it as our fault the club is in this mess, so we have to pay to it right. Meanwhile all the freebies for Lowe's chums will carry on, no cost cutting there!

Russell, NZ says...
8:16am Fri 16 May 08

Most thinking Saints fans will be glad that Lowe's back? Only those with a short memory I reckon. Just another sad day for our football club. Don't think for a minute that us fans are going to get any better deal to the dross served up by the last shambolic chairman. The big difference here is massive cost cutting measures and a much less active persuit of investment.

Realist, says...
8:19am Fri 16 May 08

Phil wrote:
I think most thinking Saints supporters are glad Lowe is back to steady the ship.I think we can now a sensible push for promotion next season.
Utter rubbish !!!!!!! most Saints fans with a memory dont WANT Lowe anywhere near this club. Please explain how we can push for promotion when Lowe is explaining that huge cuts will have to be made.

Get back to cheering the Skates on tomorrow

John B, Bitterne says...
8:41am Fri 16 May 08

Wazza wrote:
reducing the wage bill of the first team squad, though they are keen to put cash into the academy.
Reduce the wage Bill yes (including the directors wages) Push money into the academy NO!!! Now is not the time. If we push what little money we have into the academy we won't see it's benefits for years to come. We need to rebuild now in the hope that we won't be scrapping it out again next year. Give money to Pearson who I believe can make sensible Championship signings i.e. hungry, prehaps older professionals that know what is needed at this level and won't want rediculous wages to do it. I'm not happy with Lowes return, please get something right Lowe. You're like a broken record harping on about our academy. Yes the products of our academy have kept us solvent since going down but who was a large factor in us going down? Rupert Lowe!!!
I am sorry but I disagree with you Wazza.

I don’t think it is a good idea getting in old professionals because they wont hack it in the Premiership anyway

We need to build a team from our Academy or other young players and hope they do not want to jump ship and join the bigger clubs.

Of course we need to get in a couple of really classy players I was in Portsmouth in the week and noticed in a window a picture of their recent promotion team with Paul Merson and Steve Stone.

But I expect cannot afford high wages at present so that type of player is out of the question.

It is going to take some time to get back to the Premiership and to stay there.

About fifteen years ago I met someone at work who supported Hull City they were currently in Div 2 he was despondent but he had visited all but two clubs in the Football League.

His time may come next weekend so why cannot we just be patient and wait because one day our day will come and we will return to the Premiership.


the totton scrutineer, TOTTON says...
8:44am Fri 16 May 08

It is ironic that the man who put Saints where they are should come back in to save them.If we need reminding it was Lowe who employed his friend Clive Woodward and paid him a fortune with no return ,paid himself a fortune and to his credit took a pay cut on relegation.But them promptly sold the family silver and put NOTHING back in.As a club we are not in the BEST hands if we wamt to go ahead in football terms but we will be stabilized financilly the LONG term which means forget the Premierhip in the forseeable future.We may have to go down and build again the future is not bright but I guess beggers cannot be choosers and it looks like we will be begging the bank to keep us afloat. We are in BETTER a hand but not the BEST hands

John B, Bitterne says...
8:47am Fri 16 May 08

Realist wrote:
Phil wrote: I think most thinking Saints supporters are glad Lowe is back to steady the ship.I think we can now a sensible push for promotion next season.
Utter rubbish !!!!!!! most Saints fans with a memory dont WANT Lowe anywhere near this club. Please explain how we can push for promotion when Lowe is explaining that huge cuts will have to be made. Get back to cheering the Skates on tomorrow
In Reality it was inevitable a club like ours with limited cash resources and a load of injuries would get relegated.

In reality it is unlikely a club like ours with limited cash resources will gain promotion and stay up.

So lower your expectations otherwise you will not be happy and Support the Saints

Andrew, Balham says...
8:55am Fri 16 May 08

I agree with the more cerebral Saints fans who appreciate the sound business & financial common sense that Rupert Lowe will bring. He gave us a great new stadium, and tries to promote from within - Good Luck!!

Simon Templar, Woolston says...
8:58am Fri 16 May 08

Realist wrote:
Phil wrote:
I think most thinking Saints supporters are glad Lowe is back to steady the ship.I think we can now a sensible push for promotion next season.
Utter rubbish !!!!!!! most Saints fans with a memory dont WANT Lowe anywhere near this club. Please explain how we can push for promotion when Lowe is explaining that huge cuts will have to be made.

Get back to cheering the Skates on tomorrow
Askham isn't ashamed about his underhand reverse take over, all he does to perk himself is look at his bank balance with the unfortunate side effect of it.

As for these rose tinted spectacle wearing charachters on here telling us Lowe is our saviour, all I would say is that if he had any supporters, they wouldn't come on here to say so as no one tells you when they are happy with something, they just go about their business. We only put pen to paper when we are irate, outraged and feel an injustice is taking place. - yet for some strange reason, a lot of people are going out of their way to sing his praises on here :o/

Wonder if he has shares in a PR company as well ;0)

David, Shirley says...
9:03am Fri 16 May 08

of course its good Lowe is back.Can anyone tell me it got better when he left ? it has been a depressing couple of years.

Mike, Hedge End says...
9:05am Fri 16 May 08

The similarity between Lowe and a garden centre now springs to mind whereby the young "plants" will be brought on, put in the shop window for a few weeks to develop and then sold on to the highest bidder. The trouble is, to pay for the development of theses young exotic species lot of people have to buy a a great deal of tatty old rhubarb!

Simon Templar, Woolston says...
9:06am Fri 16 May 08

Andrew wrote:
I agree with the more cerebral Saints fans who appreciate the sound business & financial common sense that Rupert Lowe will bring. He gave us a great new stadium, and tries to promote from within - Good Luck!!
This little gem takes the whole packet of biscuits - line up every saints fans that has watched a Saints match in the last 25 years and not one would post such a brown nosing comment as this - its cringeworthy guys. Cerebral, Common Sense, Promoting Within (you mean like like Wigley and Gray), get back to the shooting range.

C'mon all you foot soldiers, stop patronising us Sotonians and jog on, now haven't you got other clients to cater for?

thedelldays, plymouth says...
9:08am Fri 16 May 08

im glad lowe is back too (queue the PR plant responses) as look where it got us to get rid of him..

people slate him for penny pinching, then blame him for the debts...which one is it....

we could have spent mega bucks in the prem, not have half wages relegation clause and probably not have a club now..

what is it people actually want..

my guess is they have no idea..

poor show

Russell, NZ says...
9:13am Fri 16 May 08

Andrew wrote:
I agree with the more cerebral Saints fans who appreciate the sound business & financial common sense that Rupert Lowe will bring. He gave us a great new stadium, and tries to promote from within - Good Luck!!
Blimey. I have found Wupert's PR company's 1st post since he regained power.

There are many, many Saints fans who are 'cerebral' when it comes to our club. Fans may well dwell on the timing of the takeover, close enough to the end of the season to craft three noteworthy press stories on the eve of our last three home games, knowing the EGM will be organised as late as possible to coincide with the Alan Ball match (there was no love lost between him and Alan assisted with the original Wilde takeover) and to ensure that his first match back will be in August then there is unlikely to be any vented anger.

Cerebral Saints Fans think about the club all the time: this old chap is thinking about himself, his money, his shareholders, and somewhere right on the arse end of his priorities are us fans.

Here's hoping its a very short chairmanship, and that the next fella has the business acumen and is a bit more cerebral when it comes to Southampton Football Club.


Simon Templar, Woolston says...
9:14am Fri 16 May 08

thedelldays wrote:
im glad lowe is back too (queue the PR plant responses) as look where it got us to get rid of him..

people slate him for penny pinching, then blame him for the debts...which one is it....

we could have spent mega bucks in the prem, not have half wages relegation clause and probably not have a club now..

what is it people actually want..

my guess is they have no idea..

poor show
Actually, I know you aren't a plant with a made up name, you are one of the very few I've seen to be DELLuded from the very start by Lowe and his crooked smile. You get what you derserve - seems you want to this ship to sink DD?

Lowe OUT, says...
9:14am Fri 16 May 08

Captain Swing wrote:
Phil wrote: I think most thinking Saints supporters are glad Lowe is back to steady the ship.I think we can now a sensible push for promotion next season.
I'm glad Rupert's back too, but I think a push for promotion, "sensible" or otherwise, is being widely optamistic. The target for next season remains having a Club to support at the end of it.
Get in the real world hes back like Wilde to salvage his share value.

These are the two goons that put SFC into this financial mire.

Wildes brain Cell, says...
9:18am Fri 16 May 08

Phil wrote:
I think most thinking Saints supporters are glad Lowe is back to steady the ship.I think we can now a sensible push for promotion next season.
What utter tripe and the vast makority dont want him or judas wilde anywhere near SFC.

Those two are totally responsible for the current situation.

Rupert Lowe personally relegated SFC and is responsible for over £100 million pounds in lost revenue in the last three years.

thedelldays, plymouth says...
9:19am Fri 16 May 08

Simon Templar wrote:
thedelldays wrote: im glad lowe is back too (queue the PR plant responses) as look where it got us to get rid of him.. people slate him for penny pinching, then blame him for the debts...which one is it.... we could have spent mega bucks in the prem, not have half wages relegation clause and probably not have a club now.. what is it people actually want.. my guess is they have no idea.. poor show
Actually, I know you aren't a plant with a made up name, you are one of the very few I've seen to be DELLuded from the very start by Lowe and his crooked smile. You get what you derserve - seems you want to this ship to sink DD?
ship, sinking..dont make me laugh, we are/were heading for oblivion anyway the way things are/were going..

personally, i could not give a flying who is in charge, I just support the team.

I wanted lowe out last time and was happy the day he left, looking back it seems that was a mistake..

fans spouting off about stuff in recent years have shown (some of) them to be very wrong...lowe out, wilde in, wide out, crouch in, no to hoddle, burley is great etc...

if you wont whilst he is here then fine. what will make this situation very sad is the day fans start to protest n the ground about lowe...he is here and there is nothing anyone of us can do, unless you are very rich and have money to burn..

Sinking Ship, says...
9:23am Fri 16 May 08

"personally, i could not give a flying who is in charge, I just support the team"

If that's the case, how come you pop up on every single Saints forum endlessly talking about who is in charge?

thedelldays, plymouth says...
9:27am Fri 16 May 08

Sinking Ship wrote:
"personally, i could not give a flying who is in charge, I just support the team" If that's the case, how come you pop up on every single Saints forum endlessly talking about who is in charge?
errm...i dont..just here and the uglies board..that is it mate.

Harldy "every single saints forum"

Barnacle Bill, Somewhere on the high seas says...
9:37am Fri 16 May 08

I pushed a woman in the river and then jumped in to save her. Am I a hero? My best mate seems to think so.

Roger, North Hampshire says...
9:37am Fri 16 May 08

I have said it before - never in my 50 years of following the Saints has the Club been in such a bad state. Lowe must take some responsibility for the current position. Just think all the managers he paid off in his years in charge.

IMO I think most "thinking" fans DO NOT want him back in charge. Please can we have a "White Knight" to rescue the Club from this mess!

Kevin, Maybush says...
9:40am Fri 16 May 08

Wazza wrote:
reducing the wage bill of the first team squad, though they are keen to put cash into the academy.
Reduce the wage Bill yes (including the directors wages) Push money into the academy NO!!! Now is not the time. If we push what little money we have into the academy we won't see it's benefits for years to come. We need to rebuild now in the hope that we won't be scrapping it out again next year. Give money to Pearson who I believe can make sensible Championship signings i.e. hungry, prehaps older professionals that know what is needed at this level and won't want rediculous wages to do it. I'm not happy with Lowes return, please get something right Lowe. You're like a broken record harping on about our academy. Yes the products of our academy have kept us solvent since going down but who was a large factor in us going down? Rupert Lowe!!!
I disagree Wazza. The academy is the foundation that the team has to be rebuilt on. With the little money available, what would the quality of the players be at the price we could afford? About the same, or less, than the ones we were moaning about last season.
Good quality players have been produced by the Academy in the past, only to be sold for some other club to reap the benefit.
If we produce quality players, and more importantly, keep those players, we could reap dividends in the long-term.
Spend money on second-raters now, they last a season, maybe two, and we are back in the same hole again.

Give youth a chance! Academy products are more loyal to the club than those bought in the transfer window!

Kevin, Maybush says...
9:40am Fri 16 May 08

Wazza wrote:
reducing the wage bill of the first team squad, though they are keen to put cash into the academy.
Reduce the wage Bill yes (including the directors wages) Push money into the academy NO!!! Now is not the time. If we push what little money we have into the academy we won't see it's benefits for years to come. We need to rebuild now in the hope that we won't be scrapping it out again next year. Give money to Pearson who I believe can make sensible Championship signings i.e. hungry, prehaps older professionals that know what is needed at this level and won't want rediculous wages to do it. I'm not happy with Lowes return, please get something right Lowe. You're like a broken record harping on about our academy. Yes the products of our academy have kept us solvent since going down but who was a large factor in us going down? Rupert Lowe!!!
I disagree Wazza. The academy is the foundation that the team has to be rebuilt on. With the little money available, what would the quality of the players be at the price we could afford? About the same, or less, than the ones we were moaning about last season.
Good quality players have been produced by the Academy in the past, only to be sold for some other club to reap the benefit.
If we produce quality players, and more importantly, keep those players, we could reap dividends in the long-term.
Spend money on second-raters now, they last a season, maybe two, and we are back in the same hole again.

Give youth a chance! Academy products are more loyal to the club than those bought in the transfer window!

andy, says...
10:00am Fri 16 May 08

The Rupert Lowe plants always stand out on this site by their reflection of his obvious belief that he has a better mind and reasoning power than any of his detractors.
Leaving that argument aside, what Lowe needs to recognise is that his man management and team building skills are right at the bottom of the scale. I say this because he (a)got through 10 managers in 10 years and (b)failed to recognise that Clive Woodward would do nothing but cause mocking, distrust and resentment.
Being averagely good at numbers does not make you able to run a business, even a medium sized one like SLH!

richard, southampton says...
10:07am Fri 16 May 08

Its odd that a bloke writing in Portsmouth over 100 years ago should so accurately describe SFC's position in the early 21st century. "Annual income twenty pounds, annual expenditure nineteen nineteen six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery." The current credit crunch is a larger scale manifestation of the same thing, and it has a dire effect on economies, jobs and prospects in all sorts of ways.
Askham and Lowe both realised that it also applies to football clubs, especially ones like SFC that have never been, and never had the capability to be, world-wide "brands", unless a lifelong fan who happens to be a sugar-daddy wants to pour many millions of his own money into a very uncertain risk. (Would you, really?).
Personally, I believe that what they achieved for the club was an improbable period of survival in the top level of an ever more money-dominated sport, by holding fast to that truth and by developing an imaginative strategy to cope with it. A horrendous conjunction of injuries to key players who the club could not afford to replace adequately eventually toppled us off the top table, and this season very nearly did for us in the Championship. That's football. Its a tough game. Its a tough business. I have been a season ticket holder for 30 years, and I am not a shareholder (and nor am I in any way connected, particularly not in the obscene way imagined by some of the silly people who pour out their vitriol on here, to Lowe or Askham or SFC or the Echo (God forbid!)), but I love SFC and am grateful for all the great years, sad that we are in our current plight, and hopeful that a return to financial sanity will first of all stop the club disappearing into oblivion and then start us on the road back to success. But I'll keep supporting them any how.

50 year supporter, says...
10:09am Fri 16 May 08

Roger wrote:
I have said it before - never in my 50 years of following the Saints has the Club been in such a bad state. Lowe must take some responsibility for the current position. Just think all the managers he paid off in his years in charge. IMO I think most "thinking" fans DO NOT want him back in charge. Please can we have a "White Knight" to rescue the Club from this mess!
Reading Keith Wiseman's resignation letter, he makes it quite clear there is an attractive offer very close. Why then are Wilde and Lowe totally pretending that this possibility does not exist?
Anyone who thinks Lowe is acting in the best interests of the club had better think again.
I hope that whoever regulates companies is keeping an eye on this - directors are required to act in the best interests of the company and not of their shareholding.
Unfortunately, Southampton have now got a Board where every member is protecting his share value and ignoring what will benefit the club ie major new investment.

saintorsinner, Faraham says...
10:10am Fri 16 May 08

Andrew wrote:
I agree with the more cerebral Saints fans who appreciate the sound business & financial common sense that Rupert Lowe will bring. He gave us a great new stadium, and tries to promote from within - Good Luck!!
Astonishing comment the arrogance of which I would expect from only Rupert (Mugabe) Lowe himself. Sound business sense implies that a businessman has a deep knowledge of the industry he is operating in and hence makes the correct strategic decisions, particularly regarding the front line staff he employs. Any business man should be able to manage the finances and get new assets in place as a bare minimum. A 'GOOD' business man would also subjugate his ego for the sake of the business in general and solicit advice in areas that he is weak (i.e. understanding how important it is to have an experienced manager in place). Nothing good will come from having the ultimate ego maniac back in charge. To claim that only the cerebral fans will understand the need to bring back Rupert Lowe is a grave insult to all Saints fans. You should be ashamed of yourself!!!!!!!!

Derry, west hampshire says...
10:23am Fri 16 May 08

Askham and his fellow directors who turned the club into a public company and brought in Lowe and Cowen are to blame for this mess. We will have to return to private ownership before we have any success.

DevonSaint, Devon says...
10:30am Fri 16 May 08

Barnacle Bill wrote:
I pushed a woman in the river and then jumped in to save her. Am I a hero? My best mate seems to think so.
Concise and to the point!

Surely anyone in business will appreciate when decisions are made in an organisation and those decisions cause near financial ruin (as Lowe appears to be claiming) then the people who oversaw those decisions should be held accountable. As it is, Lowe and Wilde seem to have a blatant disregard for the soul of this club - THE FANS! I just hope Lowe stays out of the football side of things and we manage to get a decent squad together over the next few years.

Wildes brain Cell, says...
10:33am Fri 16 May 08

Guy Askham is a traitor to Southampton Football Club.

Captain Birdseye, says...
10:34am Fri 16 May 08

to be honest some cuts may need to be made - lets just hope they choose to sell off the high earners that dont deserve a tenth of their wage such as BWP, Dyer, Idiakez, Skacel and Rasiak.
im confident that if we can keep pearson he may be able to wheel and deal. and just because we had a bad season and there will be changes and less money does NOT mean we cannot mount a promotion challenge, if this season has taught us anything about this division is that money doesnt buy success (leicester anyone???) Bristol city made 1 big money signing for £1m and theyre in the playoff final with hull who have also spent pittance (maybe a bit in wages), i think it literally down to the managers and the momentum of your team in this league so i pray for some solid older professionals to come in alongside some young hungry players as i believe thats the best blend - palace, west brom, hull, bristol city, stoke - all have these blends. you could say we have older pro's but they are not solid enough and our youngsters - using BWP as an example - are mostly not hungry enough! (lallana is though)

Gripper, Winch says...
10:47am Fri 16 May 08

Why does he or anyone else think he will make a better fist of running things this time? He was overly prudent at the wrong time and failed to invest in the squad, failed to back his decent managers, created an environment in which quality players did not want to come here, demonstrated a cronic lack of understanding of the football world, and generally gave off a snooty arrogance and air of superiority which many found thoroughly distasteful.
I love Saints to my core and always will, and because of this I'm sad, to say the least, that this man is back in charge of my club.

miserableold git, says...
10:54am Fri 16 May 08

Phil wrote:
I think most thinking Saints supporters are glad Lowe is back to steady the ship.I think we can now a sensible push for promotion next season.
How are we going to make a sensible push for promotion when we have three teams coming down from the Prem with large parachute payments, Leeds (with their large crowds and backing) possibly coming up from Div 1, when we have no money and are going to drastically cut costs? Lowe may or may not be a good business man but he would need to be Paul Daniels for that to happen!

lee saint, behind blue lines says...
11:15am Fri 16 May 08

So hisplan is cut the first team, sack the managers and build up the academy isn't that waht he did last time and got us relegated and almost bankrupt. The only way to make money from English football is to be in the Premierhip. Small clubs like Wigan, Pompey and Boltonthat have achieved this by buying good first team players at high wages, having a consistent manager and having an academy when they can afford it. Have you learned anything while you have been away you moron Rupert

Wazza, says...
11:15am Fri 16 May 08

John B wrote:
Wazza wrote:
reducing the wage bill of the first team squad, though they are keen to put cash into the academy.
Reduce the wage Bill yes (including the directors wages) Push money into the academy NO!!! Now is not the time. If we push what little money we have into the academy we won't see it's benefits for years to come. We need to rebuild now in the hope that we won't be scrapping it out again next year. Give money to Pearson who I believe can make sensible Championship signings i.e. hungry, prehaps older professionals that know what is needed at this level and won't want rediculous wages to do it. I'm not happy with Lowes return, please get something right Lowe. You're like a broken record harping on about our academy. Yes the products of our academy have kept us solvent since going down but who was a large factor in us going down? Rupert Lowe!!!
I am sorry but I disagree with you Wazza. I don’t think it is a good idea getting in old professionals because they wont hack it in the Premiership anyway We need to build a team from our Academy or other young players and hope they do not want to jump ship and join the bigger clubs. Of course we need to get in a couple of really classy players I was in Portsmouth in the week and noticed in a window a picture of their recent promotion team with Paul Merson and Steve Stone. But I expect cannot afford high wages at present so that type of player is out of the question. It is going to take some time to get back to the Premiership and to stay there. About fifteen years ago I met someone at work who supported Hull City they were currently in Div 2 he was despondent but he had visited all but two clubs in the Football League. His time may come next weekend so why cannot we just be patient and wait because one day our day will come and we will return to the Premiership.
John, I was appreciate debate and in the past we haven't always agreed!

But I am sorry to say that now is not the time to be putting our money into the academy it will take years to reap the benefits i.e. quality players. In the time we are building up our youth players our first team will get worse. We need to spend our (unsubstantial) money on first team players that are better than what we have now.

What good is a better academy if we do not improve our first team squad (a squad that narrowly avoided relegation) and end up getting relegated next season?

Do we have enough money to strike a happy medium? If it is strictly a choice between investing in the academy or first team, then for me the first team is priority because I don't want another last day of season great escape!

Saint, says...
11:29am Fri 16 May 08

I can not believe the joint statement Wilde and Lowe made yesterday.

Before you guys have the right to ask for our backing, you have to earn it! To date history shows you have done very little to earn this.

Wilde so far and I want to be wrong. You come across as a turncoat! You promised the world and delivered nothing, and your story changes quicker than the tide!!

Lowe apart from running a tight ship, you are just as bad as the other clowns running our club since the reverse take over. What lesson have you learnt. Running a tight ship only goes so far. You fail badly over your first long term to see that football is a money game now. On this note you failed to even look or find investment, and possible why people view you as looking after you own interest. More so you failed to realise that to bring in fans revenue, you have to provide entertaining and successful football (buying quality players). Saints fans deserve to have a club competing at the very top, and for you to say the reality of this club is simply we are a finacially poor club, and should lower our level to just accepting this. Well I say B###KS. We are here partly because of you and all the other crap in the boardroom. But mainly because it is your job to bridge this gap and get us to were Southampton F.C. deserve to be. Not talk about magic fairys waving a wand. I go as far as to say it is your job to do it sooner than later, and it really angers me to here you say no need to rake over old grown, because where in a mess, and then hide behind these facts. THE OLD GROUND WAS YOU TOO! Please show some passion and will to deliver us what you paint as the impossible. Show us that you and Wilde have learnt, and get us the investment we need to deliver the football which will deliver the results all round!

Lastly YOU employed the pratt Harry, who everyone but you saw did not care. YOU employed Harry who took us down, and that should be your biggest debt to repay all Saints fans, to get us back in the top flight!

The team needs investment, and your job is not to keep things ticking over and getting paid. We are not a corner shop. You need to find and manage the investment needed to make Southampton F.C. a stronger team to get automatic promotion in this tough fizzy league.

Show some passion and commitment to fill this clubs potential sooner than later! Stop handing out facts and hinding behind them.

You guys are suppose to be bussinessmen. So bridge that finacial gap. Take your lead from other clubs who do, and find that much needed investment. Stop thinking small!!

DEL BOY, KINGSLAND MARKET says...
11:57am Fri 16 May 08

WOOPERT & HIS TEDDY BEAR SHOULD KNOCK OFF A FIVER A GAME FOR ADMISSION. AN EXTRA 5000 ON THE GATE WOULD BE BREAK EVEN, AFTER THAT HAPPY DAYS. A FULL GROUND GIVES A BETTER ATMOSPHERE FOR OUR LADS, SO MAY BE IT COULD BE FORTRESS ST MARYS.

Wilde? I'm Furious, The gallows on the Itchen Bridge says...
12:00pm Fri 16 May 08

The lunatics have taken over the asylum! Bring back hanging.

Plumstead Saint, says...
12:21pm Fri 16 May 08

Phil wrote:
I think most thinking Saints supporters are glad Lowe is back to steady the ship.I think we can now a sensible push for promotion next season.
Don't presume to speak for others you arrogant fool.

miserableoldgit, says...
12:24pm Fri 16 May 08

Andrew wrote:
I agree with the more cerebral Saints fans who appreciate the sound business & financial common sense that Rupert Lowe will bring. He gave us a great new stadium, and tries to promote from within - Good Luck!!
Promote from within!!?? Yes because Gray and Wigley were major successes wern`t they??

Gordon Mockles, Soton says...
12:34pm Fri 16 May 08

The fact Askham, above Lowe in the 'most despised man in Southampton history' stakes, is commenting says it all. Lowe knows this. Wilde knows this. These f*ckin w*nkers are here to destroy our club and nothing else. Why release comments from this man? The Echo, itself, has a lot to answer for. PR war, sniping and power stuggles and the season hasn't even started yet. Next season will be even worse, maybe they plan to take us down for some business plan, who knows with such devious snakes. Look at their track record, and business accumen *coughs*

Be afraid, be very afraid. Sorry to say, hoardes of people are now not going next season and I, personally, think boycotting the club would be the only way to make these idiots realise. They are NOT welcome!!

Simon Templar, Woolston says...
12:41pm Fri 16 May 08

'We need you' they cry - of course they do, they need us more than we need them - how else they gonna earn their inflated salaries by conning the people of Southampton that they are it this as fans of football.

Lowe only supports his wallet, and that's a full time job which doesn't let sentiment or good will get in the way. Well Mr Lowe, we are not ignorant bumpkins here to feed your ego, and we will stay away to make a protest against the regime. Yeah, its hard but necessary if we really want the club rid of this tyrant.

threestands, Bournemouth says...
12:44pm Fri 16 May 08

Gordon Mockles wrote:
The fact Askham, above Lowe in the 'most despised man in Southampton history' stakes, is commenting says it all. Lowe knows this. Wilde knows this. These f*ckin w*nkers are here to destroy our club and nothing else. Why release comments from this man? The Echo, itself, has a lot to answer for. PR war, sniping and power stuggles and the season hasn't even started yet. Next season will be even worse, maybe they plan to take us down for some business plan, who knows with such devious snakes. Look at their track record, and business accumen *coughs* Be afraid, be very afraid. Sorry to say, hoardes of people are now not going next season and I, personally, think boycotting the club would be the only way to make these idiots realise. They are NOT welcome!!
Fool, you dont speak for me or the thousands of clear thinking fans who want to see the club out of this mess.

The way you post says it all, mindless.

saints forever, southampton says...
12:47pm Fri 16 May 08

Gordon Mockles wrote:
The fact Askham, above Lowe in the 'most despised man in Southampton history' stakes, is commenting says it all. Lowe knows this. Wilde knows this. These f*ckin w*nkers are here to destroy our club and nothing else. Why release comments from this man? The Echo, itself, has a lot to answer for. PR war, sniping and power stuggles and the season hasn't even started yet. Next season will be even worse, maybe they plan to take us down for some business plan, who knows with such devious snakes. Look at their track record, and business accumen *coughs*

Be afraid, be very afraid. Sorry to say, hoardes of people are now not going next season and I, personally, think boycotting the club would be the only way to make these idiots realise. They are NOT welcome!!
well **** OFF and dont come back...you are not a real fan but one of those ignorant people who have ruined this club. Lowe was forced out by the minority and that is what you are. SISA and Northam end yobs are NOT welcome. leave Saints to those of us that are real fans

COYR

threestands, Bournemouth says...
12:51pm Fri 16 May 08

Simon Templar wrote:
'We need you' they cry - of course they do, they need us more than we need them - how else they gonna earn their inflated salaries by conning the people of Southampton that they are it this as fans of football. Lowe only supports his wallet, and that's a full time job which doesn't let sentiment or good will get in the way. Well Mr Lowe, we are not ignorant bumpkins here to feed your ego, and we will stay away to make a protest against the regime. Yeah, its hard but necessary if we really want the club rid of this tyrant.
Errrrrm, looking at your posts I would say you are most certainly an ignorant bumpkin, actually no, a very very ignorant bumpkin. Get real for pities sake.

Gerald Whiley, Southampton says...
12:54pm Fri 16 May 08

"WE NEED YOU MORE THAN EVER"

Unbelievable. From the same man who told previously told us "The popularist opinion is usually wrong and THE OPINION OF THE CROWD IS ALWAYS WRONG".

Wake-up Saints fans!!!


Simon Templar, Woolston says...
12:58pm Fri 16 May 08

saints forever wrote:
Gordon Mockles wrote:
The fact Askham, above Lowe in the \'most despised man in Southampton history\' stakes, is commenting says it all. Lowe knows this. Wilde knows this. These f*ckin w*nkers are here to destroy our club and nothing else. Why release comments from this man? The Echo, itself, has a lot to answer for. PR war, sniping and power stuggles and the season hasn\'t even started yet. Next season will be even worse, maybe they plan to take us down for some business plan, who knows with such devious snakes. Look at their track record, and business accumen *coughs*

Be afraid, be very afraid. Sorry to say, hoardes of people are now not going next season and I, personally, think boycotting the club would be the only way to make these idiots realise. They are NOT welcome!!
well **** OFF and dont come back...you are not a real fan but one of those ignorant people who have ruined this club. Lowe was forced out by the minority and that is what you are. SISA and Northam end yobs are NOT welcome. leave Saints to those of us that are real fans

COYR
Forced out but the 'minority' - my furry derriere. Since when has Lowe been in awe of the little people, he was ousted by 2 groups, the fans singing in united disgust at his atempts to placate with years of under funding and then some people with clout buying stock.

The SISA members and Northam yobs are the ones that would stand in the rain in the Milton and the Archers keeping the passion alive on cold January nights in 1987, so don't sit in your cushioned seats and belittle the hard core fan base sunshine.

John MacDonald, Southampton says...
1:17pm Fri 16 May 08

Kevin wrote:
Wazza wrote:
reducing the wage bill of the first team squad, though they are keen to put cash into the academy.
Reduce the wage Bill yes (including the directors wages) Push money into the academy NO!!! Now is not the time. If we push what little money we have into the academy we won\\\'t see it\\\'s benefits for years to come. We need to rebuild now in the hope that we won\\\'t be scrapping it out again next year. Give money to Pearson who I believe can make sensible Championship signings i.e. hungry, prehaps older professionals that know what is needed at this level and won\\\'t want rediculous wages to do it. I\\\'m not happy with Lowes return, please get something right Lowe. You\\\'re like a broken record harping on about our academy. Yes the products of our academy have kept us solvent since going down but who was a large factor in us going down? Rupert Lowe!!!
I disagree Wazza. The academy is the foundation that the team has to be rebuilt on. With the little money available, what would the quality of the players be at the price we could afford? About the same, or less, than the ones we were moaning about last season. Good quality players have been produced by the Academy in the past, only to be sold for some other club to reap the benefit. If we produce quality players, and more importantly, keep those players, we could reap dividends in the long-term. Spend money on second-raters now, they last a season, maybe two, and we are back in the same hole again. Give youth a chance! Academy products are more loyal to the club than those bought in the transfer window!
Couldn't agree more - especially as at this moment in time we have some very, very good young players. Thomson, White, Paterson, Hatch, Mills, James and Baseya are all committed to the club. Lets get them involved next season.

COYR

Overtonsaint, Basingrad says...
1:30pm Fri 16 May 08

This is more entertaining and less like real life than Monty Python!!

What has become of our once great club??


Simon Templar, Woolston says...
1:44pm Fri 16 May 08

John MacDonald wrote:
Kevin wrote:
Wazza wrote:
reducing the wage bill of the first team squad, though they are keen to put cash into the academy.
Reduce the wage Bill yes (including the directors wages) Push money into the academy NO!!! Now is not the time. If we push what little money we have into the academy we won\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\'t see it\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\'s benefits for years to come. We need to rebuild now in the hope that we won\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\'t be scrapping it out again next year. Give money to Pearson who I believe can make sensible Championship signings i.e. hungry, prehaps older professionals that know what is needed at this level and won\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\'t want rediculous wages to do it. I\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\'m not happy with Lowes return, please get something right Lowe. You\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\'re like a broken record harping on about our academy. Yes the products of our academy have kept us solvent since going down but who was a large factor in us going down? Rupert Lowe!!!
I disagree Wazza. The academy is the foundation that the team has to be rebuilt on. With the little money available, what would the quality of the players be at the price we could afford? About the same, or less, than the ones we were moaning about last season. Good quality players have been produced by the Academy in the past, only to be sold for some other club to reap the benefit. If we produce quality players, and more importantly, keep those players, we could reap dividends in the long-term. Spend money on second-raters now, they last a season, maybe two, and we are back in the same hole again. Give youth a chance! Academy products are more loyal to the club than those bought in the transfer window!
Couldn\\\\\\\'t agree more - especially as at this moment in time we have some very, very good young players. Thomson, White, Paterson, Hatch, Mills, James and Baseya are all committed to the club. Lets get them involved next season.

COYR
You mean some very, very good income possibilities. C'mon, cut the BS Lowe fan boys, we know your esteemed guru Rupert sees the academy for one thing only, a buy low, sell high business opportunity.

And c'mon PR guys, we know your mandate is to put either Saints in your name, that you are a committed season ticket holder in your comment, that Wupes has his faults in there as well and then end with the trite and overused COYR - I may be a bumpkin as has been noted, but I can smell you PR guys a country mile off.

Stu, New Forest says...
2:05pm Fri 16 May 08

Simon Templar wrote:
saints forever wrote:
Gordon Mockles wrote: The fact Askham, above Lowe in the \'most despised man in Southampton history\' stakes, is commenting says it all. Lowe knows this. Wilde knows this. These f*ckin w*nkers are here to destroy our club and nothing else. Why release comments from this man? The Echo, itself, has a lot to answer for. PR war, sniping and power stuggles and the season hasn\'t even started yet. Next season will be even worse, maybe they plan to take us down for some business plan, who knows with such devious snakes. Look at their track record, and business accumen *coughs* Be afraid, be very afraid. Sorry to say, hoardes of people are now not going next season and I, personally, think boycotting the club would be the only way to make these idiots realise. They are NOT welcome!!
well **** OFF and dont come back...you are not a real fan but one of those ignorant people who have ruined this club. Lowe was forced out by the minority and that is what you are. SISA and Northam end yobs are NOT welcome. leave Saints to those of us that are real fans COYR
Forced out but the 'minority' - my furry derriere. Since when has Lowe been in awe of the little people, he was ousted by 2 groups, the fans singing in united disgust at his atempts to placate with years of under funding and then some people with clout buying stock. The SISA members and Northam yobs are the ones that would stand in the rain in the Milton and the Archers keeping the passion alive on cold January nights in 1987, so don't sit in your cushioned seats and belittle the hard core fan base sunshine.
Hey buddy, Can you please advise me what you mean by the term'real fan?' I'm not sure quite how to interpret this.

Is a 'real fan' someone that spends a certain amount of hard earned cash on games? Someone that goes home and away yet slates whoever runs the club?? What about a teenager that doesn't earn much yet still wears the shirt with pride - is he a real fan??
Would Mr Lowe be classed as a 'real fan' cos he owns shares in the club???

What exactly?? Cos with statements like that you appear to be some kind of fool.....perhaps 'real fans' all support Man Utd???

saints forever, southampton says...
2:06pm Fri 16 May 08

Simon Templar wrote:
saints forever wrote:
Gordon Mockles wrote:
The fact Askham, above Lowe in the \'most despised man in Southampton history\' stakes, is commenting says it all. Lowe knows this. Wilde knows this. These f*ckin w*nkers are here to destroy our club and nothing else. Why release comments from this man? The Echo, itself, has a lot to answer for. PR war, sniping and power stuggles and the season hasn\'t even started yet. Next season will be even worse, maybe they plan to take us down for some business plan, who knows with such devious snakes. Look at their track record, and business accumen *coughs*

Be afraid, be very afraid. Sorry to say, hoardes of people are now not going next season and I, personally, think boycotting the club would be the only way to make these idiots realise. They are NOT welcome!!
well **** OFF and dont come back...you are not a real fan but one of those ignorant people who have ruined this club. Lowe was forced out by the minority and that is what you are. SISA and Northam end yobs are NOT welcome. leave Saints to those of us that are real fans

COYR
Forced out but the 'minority' - my furry derriere. Since when has Lowe been in awe of the little people, he was ousted by 2 groups, the fans singing in united disgust at his atempts to placate with years of under funding and then some people with clout buying stock.

The SISA members and Northam yobs are the ones that would stand in the rain in the Milton and the Archers keeping the passion alive on cold January nights in 1987, so don't sit in your cushioned seats and belittle the hard core fan base sunshine.
you are not real fans you are fickle wasters

Jason, Salisbury says...
2:08pm Fri 16 May 08

It's painful to read the majority of rubbish on this site.

Even feeling the need to comment on who's in charge of the club annoys me – it's not what I watch the Saints for.

That's why the whole Lowe thing seems to be too far embedded in class warfare in my opinion.

Lowe made some big mistakes, no question, but he also made some very good decisions.

People tend to forget that none of us would have given Strachan the job in the first place.

We only really started to nose-dive when the only decision he wasn't allowed to make (the return of Hoddle) was taken away from him.

Inappropriate managers then followed, which is where he went wrong. And in a massive way.

It makes me laugh reading comments about Lowe's PR team as well. You guys need to get out more.

Maybe get out and support the team more, rather than only finding your voice on the final day.

I'm happy that Lowe has acted quickly to make it clear what a mess we're in.

I can only hope that the message finally gets through to some people that we need to set our expectations a little bit lower for the coming season.

Maybe then people might start to enjoy seeing us over-perform rather than moaning on about the past.

Oh, and don't kid yourself that who's in charge of the club will make any difference to whether you follow the Saints next season.

Let's face it, if they are doing well you'll be there. If not, I'm sure all the Lowe excuses are nicely in place for you.

Stu, New Forest says...
2:12pm Fri 16 May 08

Overtonsaint wrote:
This is more entertaining and less like real life than Monty Python!! What has become of our once great club??
By the way, If it was a minority that wanted Lowe out he would not have gone, surely even you have to agree with that. Do you honestly think Lowe would have left the club being ousted by a minority???

FYG a majority is 51%, on this basis surely Mssrs Crouch et al have been ousted by a majority also (Lowe and Wilde only accounted for around 40 odd percent of the shares!)

PLEASE, get with the programme

Aircraft Frank, Bitterne says...
2:21pm Fri 16 May 08

Stu wrote:
Overtonsaint wrote: This is more entertaining and less like real life than Monty Python!! What has become of our once great club??
By the way, If it was a minority that wanted Lowe out he would not have gone, surely even you have to agree with that. Do you honestly think Lowe would have left the club being ousted by a minority??? FYG a majority is 51%, on this basis surely Mssrs Crouch et al have been ousted by a majority also (Lowe and Wilde only accounted for around 40 odd percent of the shares!) PLEASE, get with the programme
By the way,it was was the VAST majority that wanted Lowe out.

22k stood at the Ipswich game,remember?,l do!

Simon Templar, Woolston says...
2:23pm Fri 16 May 08

Stu wrote:
Simon Templar wrote:
saints forever wrote:
Gordon Mockles wrote: The fact Askham, above Lowe in the \\\'most despised man in Southampton history\\\' stakes, is commenting says it all. Lowe knows this. Wilde knows this. These f*ckin w*nkers are here to destroy our club and nothing else. Why release comments from this man? The Echo, itself, has a lot to answer for. PR war, sniping and power stuggles and the season hasn\\\'t even started yet. Next season will be even worse, maybe they plan to take us down for some business plan, who knows with such devious snakes. Look at their track record, and business accumen *coughs* Be afraid, be very afraid. Sorry to say, hoardes of people are now not going next season and I, personally, think boycotting the club would be the only way to make these idiots realise. They are NOT welcome!!
well **** OFF and dont come back...you are not a real fan but one of those ignorant people who have ruined this club. Lowe was forced out by the minority and that is what you are. SISA and Northam end yobs are NOT welcome. leave Saints to those of us that are real fans COYR
Forced out but the \'minority\' - my furry derriere. Since when has Lowe been in awe of the little people, he was ousted by 2 groups, the fans singing in united disgust at his atempts to placate with years of under funding and then some people with clout buying stock. The SISA members and Northam yobs are the ones that would stand in the rain in the Milton and the Archers keeping the passion alive on cold January nights in 1987, so don\'t sit in your cushioned seats and belittle the hard core fan base sunshine.
Hey buddy, Can you please advise me what you mean by the term\'real fan?\' I\'m not sure quite how to interpret this.

Is a \'real fan\' someone that spends a certain amount of hard earned cash on games? Someone that goes home and away yet slates whoever runs the club?? What about a teenager that doesn\'t earn much yet still wears the shirt with pride - is he a real fan??
Would Mr Lowe be classed as a \'real fan\' cos he owns shares in the club???

What exactly?? Cos with statements like that you appear to be some kind of fool.....perhaps \'real fans\' all support Man Utd???
I would term a real fan as one who wants watches saints out of a passion for the club and the city to do well with no ulterior motive. They don't treat it as a social gathering, a networking experience, a money making opportunity or live for freebie corporates. They probably spend money they dont have to watch their team, they couldn't care less about the P/E ratio or share dividends and they would give they right foot to help the cause in any selfless way they can.

If you can tick any of those boxes, I'd happily shake your hand.

But its these good people who are now saying enough is enough, you can bleed us forever without rewarding our continued support. We will not be walked over by a bunch of out of towners. We are not gonna fund your jollies any more.

Plastic fans who don't put their hand in their pocket, shareholders who don't go to games, and suits who are out for themelves aren't welcome around here. And it goes without saying I'd turn my back on anyone who had any time for Lowe as he goes against everything every Sotonian believes in.

Andy T, Salt Lake City, USA says...
2:35pm Fri 16 May 08

Andrew wrote:
I agree with the more cerebral Saints fans who appreciate the sound business & financial common sense that Rupert Lowe will bring. He gave us a great new stadium, and tries to promote from within - Good Luck!!
Lowe gave us a stadium we can no longer afford. He refused to invest in the first team when we were enjoying success under Strachan, so I can only imagine the mess we can look forward to now. Lowe would think of himself if the young teams won their games if the first team was relegated. He is clueless. We are the only club in the Football League that does not make the first team it's number one priority. What a farce.

Darren, at home says...
2:47pm Fri 16 May 08

HE'S THE SCUM (AND I DO MEAN SCUM, AND I'M DELIBERATLY WRITING IN CAPITALS) WHO GOT US INTO THIS SHEET!!!....BE ASHAMED OF YOURSELF YOU HORRIBLE MAN.

Thats it...I'll supports saints till the end of my days, but I'll never support these three lowe-lifes

Graham Claridge-Hunt, Letchworth Garden City says...
3:05pm Fri 16 May 08

I am beginning to despair of the "supporters" with the long memories and the slightly smaller grasps on realism in 2008. I have been following the Saints for many years and have watched them/us plumb the depths of despair in May 2008.

I don't actually care who did what to whom in the past and I suspect that most of the individuals who write to this sort sort of site with such authority don't have the remotest idea of WHY and how things happened in the past.

We all have but 2 simple and stark choices. You either support th Saints or you walk away.

I would say good luck and good bye to those who choose to walk away - that's your right.

To those who stay, the next big decision is do we keep on fighting the battles of the past or do we move forward to support the team in a more positive way.

I hate to see all the negativity being generated at the moment.

It produces nothing but poison.

I think the expression is either put up or shut up. Alternatively, if you can't stand the heat get out of the kitchen.

All I mean is support YOUR team with enthusiasm and the warmth they deserve or walk away.


Graham

Simon Templar, Woolston says...
3:32pm Fri 16 May 08

Graham Claridge-Hunt wrote:
I am beginning to despair of the \\\"supporters\\\" with the long memories and the slightly smaller grasps on realism in 2008. I have been following the Saints for many years and have watched them/us plumb the depths of despair in May 2008.

I don\\\'t actually care who did what to whom in the past and I suspect that most of the individuals who write to this sort sort of site with such authority don\\\'t have the remotest idea of WHY and how things happened in the past.

We all have but 2 simple and stark choices. You either support th Saints or you walk away.

I would say good luck and good bye to those who choose to walk away - that\\\'s your right.

To those who stay, the next big decision is do we keep on fighting the battles of the past or do we move forward to support the team in a more positive way.

I hate to see all the negativity being generated at the moment.

It produces nothing but poison.

I think the expression is either put up or shut up. Alternatively, if you can\\\'t stand the heat get out of the kitchen.

All I mean is support YOUR team with enthusiasm and the warmth they deserve or walk away.


Graham
Graham's (One of many made up names his PR firm uses) QUOTE 'I don't actually care who did what to whom in the past and I suspect that most of the individuals who write don't have the remotest idea of WHY and how things happened in the past.'

LOOK AT THE PEOPLE WE ARE DEALING WITH:

Friday 13 Jun 1997

Southampton's new chairman Rupert Lowe has distanced himself from claims in a national newspaper that the club's former board acted improperly in the purchase of shares.

A national newspaper has claimed that members of the old board at the Dell tried to buy the holdings of deceased shareholders at a cheaper price than their actual value.

Former chiarman Guy Askham has been accused of attempting to buy shares from the relatives of the dead shareholders, while ex-director of football Lawrie McMenemy has been caught up in the allegations.

According to the reports Askham and other directors of the club allegedly approached the families claiming there was a gentleman's agreement that the club could buy them back for £1 each - around 100 times less than their true value.

The Southampton Independent Supporters Association claim they have evidence of share transactions involving Askham - and say they are willing to turn them over to the police.

The club could now be investigated by the police after Southampton MP Alan Whitehead wrote to Hampshire Chief Constable John Hodinott about the allegations.

Whitehead said: "I have asked the police about the allegations of potential fraud and what course they plan for their inquiries into this serious matter."

The allegations have come just a couple of weeks since Rupert Lowe officially took up his role as chairman, with Askham stepping to a position on the board.

A spokesman for Lowe said: "The new management cannot comment on events prior to their involvment with the club."


Askham has always been the puppeteer, with Rupert happy to take the flak for his place in the limelight


saintorsinner, Fareham says...
3:45pm Fri 16 May 08

Graham Claridge-Hunt wrote:
I am beginning to despair of the "supporters" with the long memories and the slightly smaller grasps on realism in 2008. I have been following the Saints for many years and have watched them/us plumb the depths of despair in May 2008. I don't actually care who did what to whom in the past and I suspect that most of the individuals who write to this sort sort of site with such authority don't have the remotest idea of WHY and how things happened in the past. We all have but 2 simple and stark choices. You either support th Saints or you walk away. I would say good luck and good bye to those who choose to walk away - that's your right. To those who stay, the next big decision is do we keep on fighting the battles of the past or do we move forward to support the team in a more positive way. I hate to see all the negativity being generated at the moment. It produces nothing but poison. I think the expression is either put up or shut up. Alternatively, if you can't stand the heat get out of the kitchen. All I mean is support YOUR team with enthusiasm and the warmth they deserve or walk away. Graham
What a superb analysis of the situation - support the Saints or walk away. That's one reaction to those who are happy for a despot to take over something they hold valuable. Based on your argument, we should have supported Galtieri in the Falklands and Sadam in Kuwait. The other reaction is to support the Team, support the Manager and fight to get the club back under the correct ownership.

andy, pontypool says...
3:46pm Fri 16 May 08

Just sort out the manager and first team.Confirm nigel pearson has the job for next season and let him plan for it.

When will Sir Clive return !!!!!!!!!!

Tracey, Southampton says...
4:03pm Fri 16 May 08

Wazza wrote:
reducing the wage bill of the first team squad, though they are keen to put cash into the academy.
Reduce the wage Bill yes (including the directors wages) Push money into the academy NO!!! Now is not the time. If we push what little money we have into the academy we won't see it's benefits for years to come. We need to rebuild now in the hope that we won't be scrapping it out again next year. Give money to Pearson who I believe can make sensible Championship signings i.e. hungry, prehaps older professionals that know what is needed at this level and won't want rediculous wages to do it. I'm not happy with Lowes return, please get something right Lowe. You're like a broken record harping on about our academy. Yes the products of our academy have kept us solvent since going down but who was a large factor in us going down? Rupert Lowe!!!
Wazza,

What money should be given to NP? There maybe very little money, not even enough for a single player in which case what little there is would be better spent developing income streams that will benefit the club in the future.

When we got relegated Lowe cut his salary as well so I can't see that he will pay himself mega bucks especially as he seems to think there is not much money in the bank.

Simon Templar, Woolston says...
4:15pm Fri 16 May 08

Tracey wrote:
Wazza wrote:
reducing the wage bill of the first team squad, though they are keen to put cash into the academy.
Reduce the wage Bill yes (including the directors wages) Push money into the academy NO!!! Now is not the time. If we push what little money we have into the academy we won't see it's benefits for years to come. We need to rebuild now in the hope that we won't be scrapping it out again next year. Give money to Pearson who I believe can make sensible Championship signings i.e. hungry, prehaps older professionals that know what is needed at this level and won't want rediculous wages to do it. I'm not happy with Lowes return, please get something right Lowe. You're like a broken record harping on about our academy. Yes the products of our academy have kept us solvent since going down but who was a large factor in us going down? Rupert Lowe!!!
Wazza,

What money should be given to NP? There maybe very little money, not even enough for a single player in which case what little there is would be better spent developing income streams that will benefit the club in the future.

When we got relegated Lowe cut his salary as well so I can't see that he will pay himself mega bucks especially as he seems to think there is not much money in the bank.
Oh pul-leeze. Typical shareholder speak - its all so transparent these days. Terrace fans dont speak like this. Stop fobbing the PLC sob story - Lowe got us here, people like you will keep us here.

We can't move on til you and him move on.

Tracey, Southampton says...
4:50pm Fri 16 May 08

Simon Templar wrote:
Tracey wrote:
Wazza wrote:
reducing the wage bill of the first team squad, though they are keen to put cash into the academy.
Reduce the wage Bill yes (including the directors wages) Push money into the academy NO!!! Now is not the time. If we push what little money we have into the academy we won\'t see it\'s benefits for years to come. We need to rebuild now in the hope that we won\'t be scrapping it out again next year. Give money to Pearson who I believe can make sensible Championship signings i.e. hungry, prehaps older professionals that know what is needed at this level and won\'t want rediculous wages to do it. I\'m not happy with Lowes return, please get something right Lowe. You\'re like a broken record harping on about our academy. Yes the products of our academy have kept us solvent since going down but who was a large factor in us going down? Rupert Lowe!!!
Wazza, What money should be given to NP? There maybe very little money, not even enough for a single player in which case what little there is would be better spent developing income streams that will benefit the club in the future. When we got relegated Lowe cut his salary as well so I can\'t see that he will pay himself mega bucks especially as he seems to think there is not much money in the bank.
Oh pul-leeze. Typical shareholder speak - its all so transparent these days. Terrace fans dont speak like this. Stop fobbing the PLC sob story - Lowe got us here, people like you will keep us here. We can\'t move on til you and him move on.
Simon,

How can th club move on when there is no money in the kitty? Costs have to be cut and revenues increased then there will be some money to spend.

"Terrace fans dont speak like this."

I credit terrace fans as having the common sense to see you can't spend money that you don't have.

It wasn't Lowe that allowed expences to rise and allowed the club to lose £1 million per month - that was Crouch's doing along with his people.

crusti, shir;ey says...
4:51pm Fri 16 May 08

Wupert Lowe knows we cant just change our colours, if no one goes to the matches then we will have no money, if we go to the matches he can start lining his pockets again, so its catch 22

If it was any other utility or entertainment service, id just complain, complain, complain to customer services and if i got no joy i'd take my business elsewhere.

I rather see us go into administration if it meant we could have better people running this club, by that i mean people that aint here to line their pockets and boast they 'own' a football club.

i just see darker and darker days ahead under Lowe, if we do well then he'll sell what players he can or next time we are in freefall, will Lowe step down wait until we go rock bottom and come back again saying how he will save the club?

John B, Bitterne says...
5:04pm Fri 16 May 08

Tracey wrote:
Simon Templar wrote:
Tracey wrote:
Wazza wrote:
reducing the wage bill of the first team squad, though they are keen to put cash into the academy.
Reduce the wage Bill yes (including the directors wages) Push money into the academy NO!!! Now is not the time. If we push what little money we have into the academy we won\\\'t see it\\\'s benefits for years to come. We need to rebuild now in the hope that we won\\\'t be scrapping it out again next year. Give money to Pearson who I believe can make sensible Championship signings i.e. hungry, prehaps older professionals that know what is needed at this level and won\\\'t want rediculous wages to do it. I\\\'m not happy with Lowes return, please get something right Lowe. You\\\'re like a broken record harping on about our academy. Yes the products of our academy have kept us solvent since going down but who was a large factor in us going down? Rupert Lowe!!!
Wazza, What money should be given to NP? There maybe very little money, not even enough for a single player in which case what little there is would be better spent developing income streams that will benefit the club in the future. When we got relegated Lowe cut his salary as well so I can\\\'t see that he will pay himself mega bucks especially as he seems to think there is not much money in the bank.
Oh pul-leeze. Typical shareholder speak - its all so transparent these days. Terrace fans dont speak like this. Stop fobbing the PLC sob story - Lowe got us here, people like you will keep us here. We can\\\'t move on til you and him move on.
Simon, How can th club move on when there is no money in the kitty? Costs have to be cut and revenues increased then there will be some money to spend. \"Terrace fans dont speak like this.\" I credit terrace fans as having the common sense to see you can\'t spend money that you don\'t have. It wasn\'t Lowe that allowed expences to rise and allowed the club to lose £1 million per month - that was Crouch\'s doing along with his people.
Although I would like to agree with you but I do not think a large proportion of the fans have any understanding of the finances of SFC.

Lowe is blamed for relegation because he did not invest in overpriced first team players but in the Academy where was he going to get the money for transfer fees and wages over a £1 million per year per player.

Now we are losing £1 million per week thanks to Crouch etc that is his fault as well.

He cannot sell players because that is wrong as well although except for Terry Paine and Matt Le Tiss most of our better players over the years such Martin Chivers Mick Channon Steve Williams Alan Shearer Mark Wright Razor Ruddock the Wallace Brothers and Wayne Bridge were sold to balance the books.

This is going to happen again this summer .

Saint, says...
5:06pm Fri 16 May 08

Graham Claridge-Hunt wrote:
I am beginning to despair of the "supporters" with the long memories and the slightly smaller grasps on realism in 2008. I have been following the Saints for many years and have watched them/us plumb the depths of despair in May 2008. I don't actually care who did what to whom in the past and I suspect that most of the individuals who write to this sort sort of site with such authority don't have the remotest idea of WHY and how things happened in the past. We all have but 2 simple and stark choices. You either support th Saints or you walk away. I would say good luck and good bye to those who choose to walk away - that's your right. To those who stay, the next big decision is do we keep on fighting the battles of the past or do we move forward to support the team in a more positive way. I hate to see all the negativity being generated at the moment. It produces nothing but poison. I think the expression is either put up or shut up. Alternatively, if you can't stand the heat get out of the kitchen. All I mean is support YOUR team with enthusiasm and the warmth they deserve or walk away. Graham
Are you on the board.

All Saints fans do care, and they should not just support the club in the way you say if they are not happy with what ALL the boards have been doing.

How the hell can you ask any supporter to walk away. What crap! You support a club for life! You also hope to be successful too, and this board and others are failing us!

sc, soton says...
5:11pm Fri 16 May 08

Is it me or does Ruperts lack of a supportive statement about Nigel Pearson make it look like he's gonna get rid of him?

Surelly if he was impressed with what he's done the first thing he would have said on returning is congratulations on his achievements at the end of the season and that he has his backing.

dave, southampton says...
5:13pm Fri 16 May 08

the only reason rupert wants to come back is because he believes the club is his, and his alone, and the stadium belongs to him.
god help all saints fans

Yorkie, Pocklington says...
5:15pm Fri 16 May 08

There is an agenda here and on many of the forums. As a fan and paying customer I believe my money should be used to improve the footballing aspect of SLH. Fine build an academy, develop good youngsters but for the benefit of SFC - not as a feeder club. I know why RL & Co will be keen to do this as it keeps the club afloat and balances the books. What ever happened to the Walcott, Bale, Baird, Crouch, Jones money? Surely not on the wages of old has beens?
It's my choice and I will go and watch football in the north of England far away from SMS. It will be a dark day before I set foot into SMS again.
The money may have been squandered - but I have seen no dividend from being a shareholder so the plc isn't profitable either. I will always be a Saints fan - but it does not mean I have to financially line RL & Chums pockets.

Tracey, Southampton says...
5:16pm Fri 16 May 08

sc wrote:
Is it me or does Ruperts lack of a supportive statement about Nigel Pearson make it look like he's gonna get rid of him? Surelly if he was impressed with what he's done the first thing he would have said on returning is congratulations on his achievements at the end of the season and that he has his backing.
On South today it was recently said the Saints might not be able to afford to keep NP.

1067, The NORTHAM says...
5:18pm Fri 16 May 08

saints forever wrote:
Gordon Mockles wrote: The fact Askham, above Lowe in the \\\'most despised man in Southampton history\\\' stakes, is commenting says it all. Lowe knows this. Wilde knows this. These f*ckin w*nkers are here to destroy our club and nothing else. Why release comments from this man? The Echo, itself, has a lot to answer for. PR war, sniping and power stuggles and the season hasn\\\'t even started yet. Next season will be even worse, maybe they plan to take us down for some business plan, who knows with such devious snakes. Look at their track record, and business accumen *coughs* Be afraid, be very afraid. Sorry to say, hoardes of people are now not going next season and I, personally, think boycotting the club would be the only way to make these idiots realise. They are NOT welcome!!
well **** OFF and dont come back...you are not a real fan but one of those ignorant people who have ruined this club. Lowe was forced out by the minority and that is what you are. SISA and Northam end yobs are NOT welcome. leave Saints to those of us that are real fans COYR
I must be mistaken,i`m sure it was practicly the whole of SMS which stood and sang "WE WANT RUPERT OUT" not just the Northam stand,silly me.Must be cos i`m one of the thick hooligan minority.

sc, soton says...
5:27pm Fri 16 May 08

Tracey wrote:
sc wrote:
Is it me or does Ruperts lack of a supportive statement about Nigel Pearson make it look like he's gonna get rid of him? Surelly if he was impressed with what he's done the first thing he would have said on returning is congratulations on his achievements at the end of the season and that he has his backing.
On South today it was recently said the Saints might not be able to afford to keep NP.
Thats gotta be nonsense. He hasnt got loads of other offers coming in and he's had very little managment experience..We have to have a manager so i dont think we'd get many good ones cheaper than him.

crusti, shirley says...
5:30pm Fri 16 May 08

Of course Nigel Pearson will have to go, doesnt matter if NP can motivate a team or not, Wupe just doesnt like people with their own mind

Nigel, Pearson says...
5:34pm Fri 16 May 08

crusti wrote:
Of course Nigel Pearson will have to go, doesnt matter if NP can motivate a team or not, Wupe just doesnt like people with their own mind
Thats very nice to know.

So you know Mr Lowe well and he has told you of his intentions.

crusti, shirley says...
5:39pm Fri 16 May 08

Nigel wrote:
crusti wrote: Of course Nigel Pearson will have to go, doesnt matter if NP can motivate a team or not, Wupe just doesnt like people with their own mind
Thats very nice to know. So you know Mr Lowe well and he has told you of his intentions.
no he aint told me that, its based in my observations and opinions of him

Matt The Saint, says...
5:46pm Fri 16 May 08

I get bored of reading all your bickering messages, think about why rupert is back. Think why we never got investment before, because his mob never got there money back they put in they would only offer him his % of the shares. He is not a football man and he certainly does not care what you lot think. He is a parasite only interested in business and money more importantly his. I think he is back to get descent investment, get his money and get out. We have a brilliant little club for an investor to take over we got a good stadium, a good acadamy we just need the right person to come and run things. As for NP I would love to see him kept on he did a good job and turned our season around right at the crucial, we would not be a championship side if it was not for him. I hope lowe keeps him beside I think him will be affordable as he is not too experianced as a manager.

Nigel, Pearson says...
5:51pm Fri 16 May 08

crusti wrote:
Nigel wrote:
crusti wrote: Of course Nigel Pearson will have to go, doesnt matter if NP can motivate a team or not, Wupe just doesnt like people with their own mind
Thats very nice to know. So you know Mr Lowe well and he has told you of his intentions.
no he aint told me that, its based in my observations and opinions of him
OK thanks

I dont know Mr Lowe very well so I am hopeing for the best

!!!!!!, says...
5:54pm Fri 16 May 08

Rupert Lowe is a **** **** **** **** ****
**** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** **** ****

SunnySaint, Essex says...
6:22pm Fri 16 May 08

This Saga has been going on for yonks now! This season alone I have not missed one home game and have only missed 6 away. In all that time I have never met one fan that had a good word to say about Lowe!!! So I think that most of the Pro-Lowe dross on this site is all B.S!!
The fact that Crouch in his 6 months at the helm managed to get some money from the Jocks for Burley (When we would have paid him to go!) He brought in NP (from Nowhere)he also supported NP to bring in a couple of decent team players in on loan, and finally got the team to gel. We subsequently survived religation by the skin of our teeth.
But what p!sses me off is that any credit will now go to that useless Oxygen thief Lowe!!
Mark my words, it will happen!!

St Mark, Northampton says...
6:25pm Fri 16 May 08

Simon Templar wrote:
John MacDonald wrote:
Kevin wrote:
Wazza wrote:
reducing the wage bill of the first team squad, though they are keen to put cash into the academy.
Reduce the wage Bill yes (including the directors wages) Push money into the academy NO!!! Now is not the time. If we push what little money we have into the academy we won\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\'t see it\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\'s benefits for years to come. We need to rebuild now in the hope that we won\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\'t be scrapping it out again next year. Give money to Pearson who I believe can make sensible Championship signings i.e. hungry, prehaps older professionals that know what is needed at this level and won\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\'t want rediculous wages to do it. I\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\'m not happy with Lowes return, please get something right Lowe. You\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\\'re like a broken record harping on about our academy. Yes the products of our academy have kept us solvent since going down but who was a large factor in us going down? Rupert Lowe!!!
I disagree Wazza. The academy is the foundation that the team has to be rebuilt on. With the little money available, what would the quality of the players be at the price we could afford? About the same, or less, than the ones we were moaning about last season. Good quality players have been produced by the Academy in the past, only to be sold for some other club to reap the benefit. If we produce quality players, and more importantly, keep those players, we could reap dividends in the long-term. Spend money on second-raters now, they last a season, maybe two, and we are back in the same hole again. Give youth a chance! Academy products are more loyal to the club than those bought in the transfer window!
Couldn\\\\\\\'t agree more - especially as at this moment in time we have some very, very good young players. Thomson, White, Paterson, Hatch, Mills, James and Baseya are all committed to the club. Lets get them involved next season.

COYR
You mean some very, very good income possibilities. C'mon, cut the BS Lowe fan boys, we know your esteemed guru Rupert sees the academy for one thing only, a buy low, sell high business opportunity.

And c'mon PR guys, we know your mandate is to put either Saints in your name, that you are a committed season ticket holder in your comment, that Wupes has his faults in there as well and then end with the trite and overused COYR - I may be a bumpkin as has been noted, but I can smell you PR guys a country mile off.
It has often been said that RL is dividing the fans and, whilst that is probably true, it is posts like this one that is keeping them apart.

You constantly make the (now very boring!) point that anyone who supports Lowe must be one of his PR plants but very rarely (if ever) have I seen reasoned argument in any of your posts!

All we seem to get is abuse and accusations when we don't agree with you.

I am not a Lowe supporter but I would like to know what you actually think, as most of the time you offer no real argument. And as for the accusation about people using the word "Saint" in their name (as I do); it is indeed ironic to hear that coming from a man who calls himself SIMON TEMPLAR (AKA the Saint!!!)

Stop being a hypocrite and join a civilised debate, and if you can't do that, then just crawl back under your rock.......please!

John B, Bitterne says...
7:16pm Fri 16 May 08

crusti wrote:
Nigel wrote:
crusti wrote: Of course Nigel Pearson will have to go, doesnt matter if NP can motivate a team or not, Wupe just doesnt like people with their own mind
Thats very nice to know. So you know Mr Lowe well and he has told you of his intentions.
no he aint told me that, its based in my observations and opinions of him
Your observations and opinions may well be wrong

stripey, says...
7:20pm Fri 16 May 08

If I remember rightly, relegation from the Premiership aside, it was Lowe's cost cutting that caused all the problems for the team. Reducing players' wages by 50% when we were relegated meant that all players who would have been good for is un the championship were desperate to get out. We sold them and replaced them with cheaper lesser players. Sounds like Lowe is advocating more of the same now. Go help us! Another thing...I seem to recall Lowe telling us when were at the Dell that the new stadium was the answer to all our prayers and that it would mean we would be able to compete on a level playing field with the bigger clubs. What a load of **** that turned out to be. Didn't I read somewhere that the stadium debt is around £28 million and it is this debt that is crippling the club?

rational, says...
7:21pm Fri 16 May 08

Yorkie wrote:
There is an agenda here and on many of the forums. As a fan and paying customer I believe my money should be used to improve the footballing aspect of SLH. Fine build an academy, develop good youngsters but for the benefit of SFC - not as a feeder club. I know why RL & Co will be keen to do this as it keeps the club afloat and balances the books. What ever happened to the Walcott, Bale, Baird, Crouch, Jones money? Surely not on the wages of old has beens? It's my choice and I will go and watch football in the north of England far away from SMS. It will be a dark day before I set foot into SMS again. The money may have been squandered - but I have seen no dividend from being a shareholder so the plc isn't profitable either. I will always be a Saints fan - but it does not mean I have to financially line RL & Chums pockets.
The money from Bale, Baird, Jones, plus Crainie, Best, Blackstock and most of the Walcott money all came into the club/Plc after Lowe left.
No dividends were paid to shareholders at this time.
Some was given to Burley for new players, but certainly not the £30m or so from the above.

What the recent accounts and statement did show was that the directors salaries (after Lowe & co left) were higher than when we were in the Premiership. (Don't forget Lowe and co took a 50% pay cut on relegation, same as in players contracts).

The last half of last year also showed a 25% increase in player salaries. That is despite our best players being sold and replaced with much lesser quality.

In summary, we were losing £1m per month, only partly covered by the sale of the family silver.

I know some people will still blame Lowe for decisions made when he was not there, but the way I see it, the money was not squandered by Lowe and he did not benefit from it.

In fact, the worsening financial position and drop in share price, has only reduced his assets.

A true saints fan and not, a PR imposter says...
7:23pm Fri 16 May 08

He cannot sell players because that is wrong as well although except for Terry Paine and Matt Le Tiss most of our better players over the years such Martin Chivers Mick Channon Steve Williams Alan Shearer Mark Wright Razor Ruddock the Wallace Brothers and Wayne Bridge were sold to balance the books.

This is absolute nonsense. All of these players gave many years service to the club. They moved because they wanted to because they had ambition something our club has lacked over the last ten years.

All of these players gave me many years of pleasure which is something none of us has had from Walcott and we know who sold him!

The saddest day in this clubs long history was when fine men who cared such as Mr Woodford were no longer running the club and money grubbers such as Askham appeared on the scene and then sought to line his pocket even further by the reverse takeover. Not one penny of money from saints becoming part of a PLC benefitted our club.

Finally I am really worried about the contributions to this site by people supporting Lowe's return as not one of the hundreds of fans with whom I am acquanted want the man anywhere near the club.

As Barnacle bill said that if you push someone in the river and then jump in to rescue them that does not make you a people's hero it makes you a slime ball.

Billy, St Mary's says...
7:33pm Fri 16 May 08

Lowe cannot give the fans what they all want which is a good team full of good players under a good manager playing well enough to get us promotion. More importantly that is not what he has come back for. We ALL know, except the luvvies who are in complete denial, that all we can expect with his return is a divided fan base, our best players sold, rising prices and his self promotion. Saints RIP.

David Crook, Yorkshire says...
7:34pm Fri 16 May 08

Lowe and Wilde are back,thank god for that.
now come on everybody lets get behind them,give them,the manager,the team,and everybody connected with the club full support,and with that unity we will go far in the championship next season.
so come on you dead beats,get behind them all.
David Crook

stripey, says...
7:36pm Fri 16 May 08

Well said a True saints fan and not an imposter but get a shorter name!

rational, says...
7:38pm Fri 16 May 08

A true saints fan and not wrote:
He cannot sell players because that is wrong as well although except for Terry Paine and Matt Le Tiss most of our better players over the years such Martin Chivers Mick Channon Steve Williams Alan Shearer Mark Wright Razor Ruddock the Wallace Brothers and Wayne Bridge were sold to balance the books. This is absolute nonsense. All of these players gave many years service to the club. They moved because they wanted to because they had ambition something our club has lacked over the last ten years. All of these players gave me many years of pleasure which is something none of us has had from Walcott and we know who sold him! The saddest day in this clubs long history was when fine men who cared such as Mr Woodford were no longer running the club and money grubbers such as Askham appeared on the scene and then sought to line his pocket even further by the reverse takeover. Not one penny of money from saints becoming part of a PLC benefitted our club. Finally I am really worried about the contributions to this site by people supporting Lowe\'s return as not one of the hundreds of fans with whom I am acquanted want the man anywhere near the club. As Barnacle bill said that if you push someone in the river and then jump in to rescue them that does not make you a people\'s hero it makes you a slime ball.
Actually, Mark Wright was not sold because he had ambition but due to a falling out with a certain manager at the time.

As a real fan , I am aware that, apart from Bridge, they all left more than 10 years ago. Therefore you suggested lack of ambition stretches back more like 30 years.

So the sad days go back well before Lowe!

Back in the real world, most successful players, here as with every small and medium sized club, will choose to move either for more money or to go to a perceived bigger club (or more likely both). It's a fact of life we have lived with for the 30+ years I have followed Saints. Get used to it, because unless we can find a rich sugar daddy, it will carry on.

the totton scrutineer, TOTTON says...
7:41pm Fri 16 May 08

Sad Sad Sad!Rupert wants to invest in the academy to produce more players to sell to finance the shareholders If people can't see that they must be blind or daft.Let's start econimisimg by getting rid of Askhem and Wilde both are a drain or will be on our finances Wilde will just be another white elephant like Rupert sold rugby buddie he financed for a small fortune.Long term plans can only mean short term failure on the pitch due to poor investment.So forget the Premiership for some time to come!

Disillusioned fan, but a realist says...
7:45pm Fri 16 May 08

Whatever happened to that lovely friendly family club I used to support? You know the one. It always had great players and loyal fans and the team played top flight football punching well above its weight often giving top teams a fright. The club was renowned for its character and fighting spirit. Sadly it disappeared when a certain Rupert Lowe came along. What we have now is fans who are constantly bickering, a poisonous set of major shareholders, a team that changes constantly and frightens no-one, directors who are incompetent, good players sold before they have pulled on a first team shirt more than half a dozen times and managers who can't put up with mess and get out pdq. And just who is to blame for this. Well according to some it would seem a handful of fans who think Lowe is a snob. Get real have you not seen what this man and his mate Askham have done to this club. These Lowe supporters must be a few sandwiches short of a picnic.

John B, Bitterne says...
7:57pm Fri 16 May 08

A true saints fan and not wrote:
He cannot sell players because that is wrong as well although except for Terry Paine and Matt Le Tiss most of our better players over the years such Martin Chivers Mick Channon Steve Williams Alan Shearer Mark Wright Razor Ruddock the Wallace Brothers and Wayne Bridge were sold to balance the books. This is absolute nonsense. All of these players gave many years service to the club. They moved because they wanted to because they had ambition something our club has lacked over the last ten years. All of these players gave me many years of pleasure which is something none of us has had from Walcott and we know who sold him! The saddest day in this clubs long history was when fine men who cared such as Mr Woodford were no longer running the club and money grubbers such as Askham appeared on the scene and then sought to line his pocket even further by the reverse takeover. Not one penny of money from saints becoming part of a PLC benefitted our club. Finally I am really worried about the contributions to this site by people supporting Lowe\'s return as not one of the hundreds of fans with whom I am acquanted want the man anywhere near the club. As Barnacle bill said that if you push someone in the river and then jump in to rescue them that does not make you a people\'s hero it makes you a slime ball.
You obviously are incapable of having a rational debate all I was saying we have been selling off players for years .

These days there is so much money in football that Walcott Bale Baird Jones and Bridge also wanted to earn mega bucks elsewhere

OK you hate Lowe I dont have any real opinion of him having had no dealings with him.

He is here and the shareholders who own the company want him so that is that for the moment.

It is not the total responsibility of the Chairman if the club is relegated it is usually the responsibility of the manager and the players.

Daz, At home says...
8:09pm Fri 16 May 08

Right or wrong this pretty much sums it up:

The man is trouble, he has clearly split the fans, it doesnt matter if you are pro or against Rupert Lowe, the problem is the very situation that causes such a split.

It is NOT needed by the club, they do not need or indeed DESERVE to have a figurehead of, one one side support, but on the other Hatred.

Mr Lowe must be aware of this.....he simply must, so why cause so much trouble?.....rightly or wrongly?


RL, comfey chair says...
8:15pm Fri 16 May 08

Sell everyone we can. Those mugs will watch anyone that claps themselves of the pitch (and they pay £400 a year haha)

edwardo, woolston says...
8:22pm Fri 16 May 08

Phil wrote:
I think most thinking Saints supporters are glad Lowe is back to steady the ship.I think we can now a sensible push for promotion next season.
Push for promotion - while reducing the wage bill ??? - mate you are in cuckoo land....

I'll just be happy for the club to survive !!!

jesus_02, kingsland says...
8:33pm Fri 16 May 08

rational wrote:
A true saints fan and not wrote: He cannot sell players because that is wrong as well although except for Terry Paine and Matt Le Tiss most of our better players over the years such Martin Chivers Mick Channon Steve Williams Alan Shearer Mark Wright Razor Ruddock the Wallace Brothers and Wayne Bridge were sold to balance the books. This is absolute nonsense. All of these players gave many years service to the club. They moved because they wanted to because they had ambition something our club has lacked over the last ten years. All of these players gave me many years of pleasure which is something none of us has had from Walcott and we know who sold him! The saddest day in this clubs long history was when fine men who cared such as Mr Woodford were no longer running the club and money grubbers such as Askham appeared on the scene and then sought to line his pocket even further by the reverse takeover. Not one penny of money from saints becoming part of a PLC benefitted our club. Finally I am really worried about the contributions to this site by people supporting Lowe\'s return as not one of the hundreds of fans with whom I am acquanted want the man anywhere near the club. As Barnacle bill said that if you push someone in the river and then jump in to rescue them that does not make you a people\'s hero it makes you a slime ball.
Actually, Mark Wright was not sold because he had ambition but due to a falling out with a certain manager at the time. As a real fan , I am aware that, apart from Bridge, they all left more than 10 years ago. Therefore you suggested lack of ambition stretches back more like 30 years. So the sad days go back well before Lowe! Back in the real world, most successful players, here as with every small and medium sized club, will choose to move either for more money or to go to a perceived bigger club (or more likely both). It's a fact of life we have lived with for the 30+ years I have followed Saints. Get used to it, because unless we can find a rich sugar daddy, it will carry on.
answer 1 question.

If saints attendance is towards the top of the division and their wage bill is aroound the middle why do we have to reduce our wage bill?

not all championship teams have a "sugger daddy"

dainowel, Bristol says...
10:00pm Fri 16 May 08

thedelldays wrote:
im glad lowe is back too (queue the PR plant responses) as look where it got us to get rid of him.. people slate him for penny pinching, then blame him for the debts...which one is it.... we could have spent mega bucks in the prem, not have half wages relegation clause and probably not have a club now.. what is it people actually want.. my guess is they have no idea.. poor show
dont exactly have a degree in economics have you?
Move on go and support Eastleigh..

pugwash, southampton says...
10:02pm Fri 16 May 08

rational wrote:
Yorkie wrote: There is an agenda here and on many of the forums. As a fan and paying customer I believe my money should be used to improve the footballing aspect of SLH. Fine build an academy, develop good youngsters but for the benefit of SFC - not as a feeder club. I know why RL & Co will be keen to do this as it keeps the club afloat and balances the books. What ever happened to the Walcott, Bale, Baird, Crouch, Jones money? Surely not on the wages of old has beens? It's my choice and I will go and watch football in the north of England far away from SMS. It will be a dark day before I set foot into SMS again. The money may have been squandered - but I have seen no dividend from being a shareholder so the plc isn't profitable either. I will always be a Saints fan - but it does not mean I have to financially line RL & Chums pockets.
The money from Bale, Baird, Jones, plus Crainie, Best, Blackstock and most of the Walcott money all came into the club/Plc after Lowe left. No dividends were paid to shareholders at this time. Some was given to Burley for new players, but certainly not the £30m or so from the above. What the recent accounts and statement did show was that the directors salaries (after Lowe & co left) were higher than when we were in the Premiership. (Don't forget Lowe and co took a 50% pay cut on relegation, same as in players contracts). The last half of last year also showed a 25% increase in player salaries. That is despite our best players being sold and replaced with much lesser quality. In summary, we were losing £1m per month, only partly covered by the sale of the family silver. I know some people will still blame Lowe for decisions made when he was not there, but the way I see it, the money was not squandered by Lowe and he did not benefit from it. In fact, the worsening financial position and drop in share price, has only reduced his assets.
GOOD TO READ SOME COMMON SENSE!RATIONAL.SO MUCH RUBBISH WRITTEN ABOUT THE FINANCIAL SIDE WHEN MOST WOULD'N'T EVEN KNOW WHAT AN INTANGIBLE ASSET IS!

billy2baps, says...
10:07pm Fri 16 May 08

John B wrote:
A true saints fan and not wrote: He cannot sell players because that is wrong as well although except for Terry Paine and Matt Le Tiss most of our better players over the years such Martin Chivers Mick Channon Steve Williams Alan Shearer Mark Wright Razor Ruddock the Wallace Brothers and Wayne Bridge were sold to balance the books. This is absolute nonsense. All of these players gave many years service to the club. They moved because they wanted to because they had ambition something our club has lacked over the last ten years. All of these players gave me many years of pleasure which is something none of us has had from Walcott and we know who sold him! The saddest day in this clubs long history was when fine men who cared such as Mr Woodford were no longer running the club and money grubbers such as Askham appeared on the scene and then sought to line his pocket even further by the reverse takeover. Not one penny of money from saints becoming part of a PLC benefitted our club. Finally I am really worried about the contributions to this site by people supporting Lowe\\\\\\\'s return as not one of the hundreds of fans with whom I am acquanted want the man anywhere near the club. As Barnacle bill said that if you push someone in the river and then jump in to rescue them that does not make you a people\\\\\\\'s hero it makes you a slime ball.
You obviously are incapable of having a rational debate all I was saying we have been selling off players for years . These days there is so much money in football that Walcott Bale Baird Jones and Bridge also wanted to earn mega bucks elsewhere OK you hate Lowe I dont have any real opinion of him having had no dealings with him. He is here and the shareholders who own the company want him so that is that for the moment. It is not the total responsibility of the Chairman if the club is relegated it is usually the responsibility of the manager and the players.
Ok so if a company goes bust, its down to the workers and middle management. Stupid me, i would if thought it would be down to the Chairman & top execs and their bad planning.Funny when things go well these same people take all the credit. PS i can have a rational debate, ask my staff.

Dainowel, Bristol says...
10:08pm Fri 16 May 08

Kevin wrote:
Wazza wrote:
reducing the wage bill of the first team squad, though they are keen to put cash into the academy.
Reduce the wage Bill yes (including the directors wages) Push money into the academy NO!!! Now is not the time. If we push what little money we have into the academy we won\'t see it\'s benefits for years to come. We need to rebuild now in the hope that we won\'t be scrapping it out again next year. Give money to Pearson who I believe can make sensible Championship signings i.e. hungry, prehaps older professionals that know what is needed at this level and won\'t want rediculous wages to do it. I\'m not happy with Lowes return, please get something right Lowe. You\'re like a broken record harping on about our academy. Yes the products of our academy have kept us solvent since going down but who was a large factor in us going down? Rupert Lowe!!!
I disagree Wazza. The academy is the foundation that the team has to be rebuilt on. With the little money available, what would the quality of the players be at the price we could afford? About the same, or less, than the ones we were moaning about last season. Good quality players have been produced by the Academy in the past, only to be sold for some other club to reap the benefit. If we produce quality players, and more importantly, keep those players, we could reap dividends in the long-term. Spend money on second-raters now, they last a season, maybe two, and we are back in the same hole again. Give youth a chance! Academy products are more loyal to the club than those bought in the transfer window!
Rubbish!! It was the youth that fled the club at the first opportunity not the older players!!
Walcott,Mills,Cranie

,Howard,and now Dyer..nuff said

alpine_saint, Austria says...
10:18pm Fri 16 May 08

Lowe's PR machine is already up to full speed. There's an article on the OS claiming he had majority support from the shareholders to take over.

Read the detail, and find Roops trick....

73% support from 60% shares voted in advance is 43.8%......

In fact, about the amount him and his cronies have with Judas Wilde's support.

So apart from his cronies and his new found best friend, everyone else thinks he's a ****...

AND HE DOES NOT HAVE MAJORITY SUPPORT - AMONGST SHAREHOLDERS OR FANS

Just bugger off, Lowe...

alpine_saint, Austria says...
10:19pm Fri 16 May 08

Lowe's PR machine is already up to full speed. There's an article on the OS claiming he had majority support from the shareholders to take over.

Read the detail, and find Roops trick....

73% support from 60% shares voted in advance is 43.8%......

In fact, about the amount him and his cronies have with Judas Wilde's support.

So apart from his cronies and his new found best friend, everyone else thinks he's a prat.

AND HE DOES NOT HAVE MAJORITY SUPPORT - AMONGST SHAREHOLDERS OR FANS

Just sod off, Lowe...

billy2baps, says...
10:19pm Fri 16 May 08

jesus_02 wrote:
rational wrote:
A true saints fan and not wrote: He cannot sell players because that is wrong as well although except for Terry Paine and Matt Le Tiss most of our better players over the years such Martin Chivers Mick Channon Steve Williams Alan Shearer Mark Wright Razor Ruddock the Wallace Brothers and Wayne Bridge were sold to balance the books. This is absolute nonsense. All of these players gave many years service to the club. They moved because they wanted to because they had ambition something our club has lacked over the last ten years. All of these players gave me many years of pleasure which is something none of us has had from Walcott and we know who sold him! The saddest day in this clubs long history was when fine men who cared such as Mr Woodford were no longer running the club and money grubbers such as Askham appeared on the scene and then sought to line his pocket even further by the reverse takeover. Not one penny of money from saints becoming part of a PLC benefitted our club. Finally I am really worried about the contributions to this site by people supporting Lowe\\\'s return as not one of the hundreds of fans with whom I am acquanted want the man anywhere near the club. As Barnacle bill said that if you push someone in the river and then jump in to rescue them that does not make you a people\\\'s hero it makes you a slime ball.
Actually, Mark Wright was not sold because he had ambition but due to a falling out with a certain manager at the time. As a real fan , I am aware that, apart from Bridge, they all left more than 10 years ago. Therefore you suggested lack of ambition stretches back more like 30 years. So the sad days go back well before Lowe! Back in the real world, most successful players, here as with every small and medium sized club, will choose to move either for more money or to go to a perceived bigger club (or more likely both). It\'s a fact of life we have lived with for the 30+ years I have followed Saints. Get used to it, because unless we can find a rich sugar daddy, it will carry on.
answer 1 question. If saints attendance is towards the top of the division and their wage bill is aroound the middle why do we have to reduce our wage bill? not all championship teams have a \"sugger daddy\"
Because we have one of the biggest grounds in the Championship, which we owe 28 million on still. You are right about the sugar daddies, but some teams have chairman that understand football and know selling your best players is not such a great idea. If they have to sell a player dont pocket 75% of the money and replace them with an over the hill player that has seen better days.

PaulG, Southampton says...
10:21pm Fri 16 May 08

Most Lowe-haters believe he has come back to line his own pockets. Possibly true, but no different then to Patrick Trant and Keith Wiseman.

Trant should have bought Lowe’s shares (albeit at an inflated price) but was not prepared to invest despite his promises. At least Lowe invested his own business in the reverse take over.

Wiseman even sold his sales for a small fortune to Wilde. At least Wilde was prepared to invest at the inflated price charged by Wiseman.

pugwash, southampton says...
10:27pm Fri 16 May 08

Disillusioned fan wrote:
Whatever happened to that lovely friendly family club I used to support? You know the one. It always had great players and loyal fans and the team played top flight football punching well above its weight often giving top teams a fright. The club was renowned for its character and fighting spirit. Sadly it disappeared when a certain Rupert Lowe came along. What we have now is fans who are constantly bickering, a poisonous set of major shareholders, a team that changes constantly and frightens no-one, directors who are incompetent, good players sold before they have pulled on a first team shirt more than half a dozen times and managers who can't put up with mess and get out pdq. And just who is to blame for this. Well according to some it would seem a handful of fans who think Lowe is a snob. Get real have you not seen what this man and his mate Askham have done to this club. These Lowe supporters must be a few sandwiches short of a picnic.
SADLY IT DISAPPEARED WHEN CLUBS STARTED GETTING SUGAR DADDIES TO GET THEM IN THE PREMIERSHIP.THE LIST IS LONG...MIDDLEBRO',WI
GAN,FULHAM,BIRMINGHA
M,BLACKBURN,PORTSMOU
TH,NEWCASTLE,CHELSEA
,READING,AND MORE.THIS THEN MADE LIFE FAR MORE DIFFICULT FOR WELL RUN CLUBS LIKE THE SAINTS AND CHARLTON TO SURVIVE ON THEIR OWN.IF THE CLUB HAD'N'T BECOME A PLC,WE WOULD STILL BE AT THE DELL AS NO BANK WOULD LEND £40M. TO A SMALL UNQUOTED BUSINESS LIKE THE SAINTS WERE,AND NO DOUBT DOWN IN DIV.2 BY NOW.AT THE POINT WHEN LOWE LOST CONTROL TO THE ANTI HODDLE FACTION,THE CLUB HAD PROGRESSED FROM £15M.TURNOVER MINNOW SURVIVING IN THE PREMIERSHIP TO A £50M. TURNOVER CLUB BIGGER THAN EVERTON AND VILLA IN 2004.TO ME IT SPOKE VOLUMES THAT WHEN LOWE RESIGNED,THE CREAM OF THE ACADEMY STAFF ALL LEFT SHORTLY AFTER KNOWING WHERE THIS 'ONCE GREAT CLUB'WAS NOW GOING TO GO.

billy2baps, says...
10:28pm Fri 16 May 08

pugwash wrote:
rational wrote:
Yorkie wrote: There is an agenda here and on many of the forums. As a fan and paying customer I believe my money should be used to improve the footballing aspect of SLH. Fine build an academy, develop good youngsters but for the benefit of SFC - not as a feeder club. I know why RL & Co will be keen to do this as it keeps the club afloat and balances the books. What ever happened to the Walcott, Bale, Baird, Crouch, Jones money? Surely not on the wages of old has beens? It\'s my choice and I will go and watch football in the north of England far away from SMS. It will be a dark day before I set foot into SMS again. The money may have been squandered - but I have seen no dividend from being a shareholder so the plc isn\'t profitable either. I will always be a Saints fan - but it does not mean I have to financially line RL & Chums pockets.
The money from Bale, Baird, Jones, plus Crainie, Best, Blackstock and most of the Walcott money all came into the club/Plc after Lowe left. No dividends were paid to shareholders at this time. Some was given to Burley for new players, but certainly not the £30m or so from the above. What the recent accounts and statement did show was that the directors salaries (after Lowe & co left) were higher than when we were in the Premiership. (Don\'t forget Lowe and co took a 50% pay cut on relegation, same as in players contracts). The last half of last year also showed a 25% increase in player salaries. That is despite our best players being sold and replaced with much lesser quality. In summary, we were losing £1m per month, only partly covered by the sale of the family silver. I know some people will still blame Lowe for decisions made when he was not there, but the way I see it, the money was not squandered by Lowe and he did not benefit from it. In fact, the worsening financial position and drop in share price, has only reduced his assets.
GOOD TO READ SOME COMMON SENSE!RATIONAL.SO MUCH RUBBISH WRITTEN ABOUT THE FINANCIAL SIDE WHEN MOST WOULD\'N\'T EVEN KNOW WHAT AN INTANGIBLE ASSET IS!
Intangible assets are defined as those non-monetary assets that cannot be seen, touched or physically measured and which are created through time and/or effort. I think that just about covers it, happy now?

billybeerbelly, says...
10:33pm Fri 16 May 08

pugwash wrote:
rational wrote:
Yorkie wrote: There is an agenda here and on many of the forums. As a fan and paying customer I believe my money should be used to improve the footballing aspect of SLH. Fine build an academy, develop good youngsters but for the benefit of SFC - not as a feeder club. I know why RL & Co will be keen to do this as it keeps the club afloat and balances the books. What ever happened to the Walcott, Bale, Baird, Crouch, Jones money? Surely not on the wages of old has beens? It\'s my choice and I will go and watch football in the north of England far away from SMS. It will be a dark day before I set foot into SMS again. The money may have been squandered - but I have seen no dividend from being a shareholder so the plc isn\'t profitable either. I will always be a Saints fan - but it does not mean I have to financially line RL & Chums pockets.
The money from Bale, Baird, Jones, plus Crainie, Best, Blackstock and most of the Walcott money all came into the club/Plc after Lowe left. No dividends were paid to shareholders at this time. Some was given to Burley for new players, but certainly not the £30m or so from the above. What the recent accounts and statement did show was that the directors salaries (after Lowe & co left) were higher than when we were in the Premiership. (Don\'t forget Lowe and co took a 50% pay cut on relegation, same as in players contracts). The last half of last year also showed a 25% increase in player salaries. That is despite our best players being sold and replaced with much lesser quality. In summary, we were losing £1m per month, only partly covered by the sale of the family silver. I know some people will still blame Lowe for decisions made when he was not there, but the way I see it, the money was not squandered by Lowe and he did not benefit from it. In fact, the worsening financial position and drop in share price, has only reduced his assets.
GOOD TO READ SOME COMMON SENSE!RATIONAL.SO MUCH RUBBISH WRITTEN ABOUT THE FINANCIAL SIDE WHEN MOST WOULD\'N\'T EVEN KNOW WHAT AN INTANGIBLE ASSET IS!
Intangible assets are defined as those non-monetary assets that cannot be seen, touched or physically measured and which are created through time and/or effort. There are two primary forms of intangibles - legal intangibles (such as trade secrets (e.g., customer lists), copyrights, patents, trademarks, and goodwill) and competitive intangibles (such as knowledge activities (know-how, knowledge), collaboration activities, leverage activities, and structural activities). Legal intangibles generate legal property rights defensible in a court of law. Competitive intangibles, whilst legally non-ownable, directly impact effectiveness, productivity, wastage, and opportunity costs within an organization - and therefore costs, revenues, customer service, satisfaction, market value, and share price. Human capital is the primary source of competitive intangibles for organizations today. Competitive intangibles are the source from which competitive advantage flows, or is destroyed. The area of finance that deals with intangible assets is known as Intangible Asset Finance. I think that just about cover it.

billy2baps, says...
10:43pm Fri 16 May 08

edwardo wrote:
Phil wrote: I think most thinking Saints supporters are glad Lowe is back to steady the ship.I think we can now a sensible push for promotion next season.
Push for promotion - while reducing the wage bill ??? - mate you are in cuckoo land.... I\'ll just be happy for the club to survive !!!
Got the right, we will have no trouble battling against clubs sending 15 mil in the transfer window. The 3 dropping from the Premiership 20+ mil parachute payments will find it hard. Saints should walk it. Phil what planet are you on?

pugwash, southampton says...
10:45pm Fri 16 May 08

billybeerbelly wrote:
pugwash wrote:
rational wrote:
Yorkie wrote: There is an agenda here and on many of the forums. As a fan and paying customer I believe my money should be used to improve the footballing aspect of SLH. Fine build an academy, develop good youngsters but for the benefit of SFC - not as a feeder club. I know why RL & Co will be keen to do this as it keeps the club afloat and balances the books. What ever happened to the Walcott, Bale, Baird, Crouch, Jones money? Surely not on the wages of old has beens? It\'s my choice and I will go and watch football in the north of England far away from SMS. It will be a dark day before I set foot into SMS again. The money may have been squandered - but I have seen no dividend from being a shareholder so the plc isn\'t profitable either. I will always be a Saints fan - but it does not mean I have to financially line RL & Chums pockets.
The money from Bale, Baird, Jones, plus Crainie, Best, Blackstock and most of the Walcott money all came into the club/Plc after Lowe left. No dividends were paid to shareholders at this time. Some was given to Burley for new players, but certainly not the £30m or so from the above. What the recent accounts and statement did show was that the directors salaries (after Lowe & co left) were higher than when we were in the Premiership. (Don\'t forget Lowe and co took a 50% pay cut on relegation, same as in players contracts). The last half of last year also showed a 25% increase in player salaries. That is despite our best players being sold and replaced with much lesser quality. In summary, we were losing £1m per month, only partly covered by the sale of the family silver. I know some people will still blame Lowe for decisions made when he was not there, but the way I see it, the money was not squandered by Lowe and he did not benefit from it. In fact, the worsening financial position and drop in share price, has only reduced his assets.
GOOD TO READ SOME COMMON SENSE!RATIONAL.SO MUCH RUBBISH WRITTEN ABOUT THE FINANCIAL SIDE WHEN MOST WOULD\'N\'T EVEN KNOW WHAT AN INTANGIBLE ASSET IS!
Intangible assets are defined as those non-monetary assets that cannot be seen, touched or physically measured and which are created through time and/or effort. There are two primary forms of intangibles - legal intangibles (such as trade secrets (e.g., customer lists), copyrights, patents, trademarks, and goodwill) and competitive intangibles (such as knowledge activities (know-how, knowledge), collaboration activities, leverage activities, and structural activities). Legal intangibles generate legal property rights defensible in a court of law. Competitive intangibles, whilst legally non-ownable, directly impact effectiveness, productivity, wastage, and opportunity costs within an organization - and therefore costs, revenues, customer service, satisfaction, market value, and share price. Human capital is the primary source of competitive intangibles for organizations today. Competitive intangibles are the source from which competitive advantage flows, or is destroyed. The area of finance that deals with intangible assets is known as Intangible Asset Finance. I think that just about cover it.
10/10.GOOD TO SEE SOMEBODY WHO KNOWS WHAT THEY'RE TALKING ABOUT WHEN THEY TALK ABOUT FINANCE,SO REFRESHING.FANCY BEING IN CHARGE OF SISA?IT WOULD HAVE SOME RESPECT AT LAST.THANKYOU FOR YOUR REPLY.

pugwash, southampton says...
10:46pm Fri 16 May 08

billybeerbelly wrote:
pugwash wrote:
rational wrote:
Yorkie wrote: There is an agenda here and on many of the forums. As a fan and paying customer I believe my money should be used to improve the footballing aspect of SLH. Fine build an academy, develop good youngsters but for the benefit of SFC - not as a feeder club. I know why RL & Co will be keen to do this as it keeps the club afloat and balances the books. What ever happened to the Walcott, Bale, Baird, Crouch, Jones money? Surely not on the wages of old has beens? It\\\'s my choice and I will go and watch football in the north of England far away from SMS. It will be a dark day before I set foot into SMS again. The money may have been squandered - but I have seen no dividend from being a shareholder so the plc isn\\\'t profitable either. I will always be a Saints fan - but it does not mean I have to financially line RL & Chums pockets.
The money from Bale, Baird, Jones, plus Crainie, Best, Blackstock and most of the Walcott money all came into the club/Plc after Lowe left. No dividends were paid to shareholders at this time. Some was given to Burley for new players, but certainly not the £30m or so from the above. What the recent accounts and statement did show was that the directors salaries (after Lowe & co left) were higher than when we were in the Premiership. (Don\\\'t forget Lowe and co took a 50% pay cut on relegation, same as in players contracts). The last half of last year also showed a 25% increase in player salaries. That is despite our best players being sold and replaced with much lesser quality. In summary, we were losing £1m per month, only partly covered by the sale of the family silver. I know some people will still blame Lowe for decisions made when he was not there, but the way I see it, the money was not squandered by Lowe and he did not benefit from it. In fact, the worsening financial position and drop in share price, has only reduced his assets.
GOOD TO READ SOME COMMON SENSE!RATIONAL.SO MUCH RUBBISH WRITTEN ABOUT THE FINANCIAL SIDE WHEN MOST WOULD\\\'N\\\'T EVEN KNOW WHAT AN INTANGIBLE ASSET IS!
Intangible assets are defined as those non-monetary assets that cannot be seen, touched or physically measured and which are created through time and/or effort. There are two primary forms of intangibles - legal intangibles (such as trade secrets (e.g., customer lists), copyrights, patents, trademarks, and goodwill) and competitive intangibles (such as knowledge activities (know-how, knowledge), collaboration activities, leverage activities, and structural activities). Legal intangibles generate legal property rights defensible in a court of law. Competitive intangibles, whilst legally non-ownable, directly impact effectiveness, productivity, wastage, and opportunity costs within an organization - and therefore costs, revenues, customer service, satisfaction, market value, and share price. Human capital is the primary source of competitive intangibles for organizations today. Competitive intangibles are the source from which competitive advantage flows, or is destroyed. The area of finance that deals with intangible assets is known as Intangible Asset Finance. I think that just about cover it.
10/10.GOOD TO SEE SOMEBODY WHO KNOWS WHAT THEY'RE TALKING ABOUT WHEN THEY TALK ABOUT FINANCE,SO REFRESHING.FANCY BEING IN CHARGE OF SISA?IT WOULD HAVE SOME RESPECT AT LAST.THANKYOU FOR YOUR REPLY.

jusus_02, kingsland says...
12:04am Sat 17 May 08

Can beer belly (or anyone else for that matter) explain why there are so many subsidiaries of Southampton leisure holdings?

Are these effective income streams or are they potentially obstructive if we where looking to sell the club?




Replying to tosh from a, Lowe PR creep says...
12:36am Sat 17 May 08

pugwash wrote:
Disillusioned fan wrote: Whatever happened to that lovely friendly family club I used to support? You know the one. It always had great players and loyal fans and the team played top flight football punching well above its weight often giving top teams a fright. The club was renowned for its character and fighting spirit. Sadly it disappeared when a certain Rupert Lowe came along. What we have now is fans who are constantly bickering, a poisonous set of major shareholders, a team that changes constantly and frightens no-one, directors who are incompetent, good players sold before they have pulled on a first team shirt more than half a dozen times and managers who can't put up with mess and get out pdq. And just who is to blame for this. Well according to some it would seem a handful of fans who think Lowe is a snob. Get real have you not seen what this man and his mate Askham have done to this club. These Lowe supporters must be a few sandwiches short of a picnic.
SADLY IT DISAPPEARED WHEN CLUBS STARTED GETTING SUGAR DADDIES TO GET THEM IN THE PREMIERSHIP.THE LIST IS LONG...MIDDLEBRO',WI GAN,FULHAM,BIRMINGHA M,BLACKBURN,PORTSMOU TH,NEWCASTLE,CHELSEA ,READING,AND MORE.THIS THEN MADE LIFE FAR MORE DIFFICULT FOR WELL RUN CLUBS LIKE THE SAINTS AND CHARLTON TO SURVIVE ON THEIR OWN.IF THE CLUB HAD'N'T BECOME A PLC,WE WOULD STILL BE AT THE DELL AS NO BANK WOULD LEND £40M. TO A SMALL UNQUOTED BUSINESS LIKE THE SAINTS WERE,AND NO DOUBT DOWN IN DIV.2 BY NOW.AT THE POINT WHEN LOWE LOST CONTROL TO THE ANTI HODDLE FACTION,THE CLUB HAD PROGRESSED FROM £15M.TURNOVER MINNOW SURVIVING IN THE PREMIERSHIP TO A £50M. TURNOVER CLUB BIGGER THAN EVERTON AND VILLA IN 2004.TO ME IT SPOKE VOLUMES THAT WHEN LOWE RESIGNED,THE CREAM OF THE ACADEMY STAFF ALL LEFT SHORTLY AFTER KNOWING WHERE THIS 'ONCE GREAT CLUB'WAS NOW GOING TO GO.
SoAccording to you in 2004 we were bigger than Everton. So how come they are doing so well and we are absolute sh1te. The answer can only be found by asking who was managing us in 2004. Thats right Rupert frigging Lowe. The growth from 15 to 50 million turnover was due to TV money and nothing to do with Lowes supposed genius in business management. So mt bleeding Pugwash push off back to your PR consultancy you @rse licking creep.

A really thick PR b@stard, paid for by Lowe says...
12:45am Sat 17 May 08

Mr Lowe is a really good guy and a very nice chap. Football fans are rubbish and know nothing. Mr Lowe will save Saints. Everyone will be very happy and eternally grateful. Mr Lowe will be very rich. Pigs will fly.

Barnacle Bill, somewhere on the high seas says...
12:52am Sat 17 May 08

If you listen carefully you can hear the bell toll for Southampton FC. It is such a shame that something so wonderful could have been ruined by such a small group of bickering mean minded men. Lowe and Askham cannot sleep easily in their beds at night knowing that they have brought such a proud club to its current state of ridicule.

John B, Bitterne says...
7:47am Sat 17 May 08

billy2baps wrote:
John B wrote:
A true saints fan and not wrote: He cannot sell players because that is wrong as well although except for Terry Paine and Matt Le Tiss most of our better players over the years such Martin Chivers Mick Channon Steve Williams Alan Shearer Mark Wright Razor Ruddock the Wallace Brothers and Wayne Bridge were sold to balance the books. This is absolute nonsense. All of these players gave many years service to the club. They moved because they wanted to because they had ambition something our club has lacked over the last ten years. All of these players gave me many years of pleasure which is something none of us has had from Walcott and we know who sold him! The saddest day in this clubs long history was when fine men who cared such as Mr Woodford were no longer running the club and money grubbers such as Askham appeared on the scene and then sought to line his pocket even further by the reverse takeover. Not one penny of money from saints becoming part of a PLC benefitted our club. Finally I am really worried about the contributions to this site by people supporting Lowe\\\\\\\'s return as not one of the hundreds of fans with whom I am acquanted want the man anywhere near the club. As Barnacle bill said that if you push someone in the river and then jump in to rescue them that does not make you a people\\\\\\\'s hero it makes you a slime ball.
You obviously are incapable of having a rational debate all I was saying we have been selling off players for years . These days there is so much money in football that Walcott Bale Baird Jones and Bridge also wanted to earn mega bucks elsewhere OK you hate Lowe I dont have any real opinion of him having had no dealings with him. He is here and the shareholders who own the company want him so that is that for the moment. It is not the total responsibility of the Chairman if the club is relegated it is usually the responsibility of the manager and the players.
Ok so if a company goes bust, its down to the workers and middle management. Stupid me, i would if thought it would be down to the Chairman & top execs and their bad planning.Funny when things go well these same people take all the credit. PS i can have a rational debate, ask my staff.
What is rational about that seems a minor rant.

Football is slightly different to your suggestion it is a competetion three teams get relegated every year mainly due to the performances of the players but also due to injuries and team tactics.

However I dont mean to be rude as we both want the Saints to succeed but my main point is that the Club and others Clubs like us have been selling players off for years to balance the books and for players to earn more money and I dont think it was entirely Lowe's fault we were relegated Injuries the Players the Manager's tactics also helped.



Football with the advent of the Premiership has become a big business run by Business men who with the players earn vast sums of money.

We are now in my opinion unable to financially compete with the top clubs and will have to be content with Championship Football for the forseeable future.

With regard to Lowe he may not be perfect but I feel he is better than Crouch.




David, Rownhams says...
8:15am Sat 17 May 08

I welcome Lowe back and I suspect the majority of Saints fans do but they are wary of saying so for fear of being shouted down by the noisy minority of gullible knuckle-draggers.

George, says...
12:07pm Sat 17 May 08

"I welcome Lowe back and I suspect the majority of Saints fans do but they are wary of saying so for fear of being shouted down by the noisy minority of gullible knuckle-draggers."

I'm with you on that.

My suggestion is that all the people who do not want Lowe back, simply stay away from St Mary's and find something else to whinge about instead! The club will survive without you!

There would still be enough fans going to enjoy the football. Besides, if the whingers and the badly behaved stayed away, maybe others would be encouraged to support Saints in a more friendly and positive atmosphere.

psm, Totton says...
12:50pm Sun 18 May 08

I URGE ALL TRUE SUPPORTERS TO BOYCOTT SEASON TICKET SALES CLUB MERCHANDISE.
THIS MAN CAUSED THIS SITUATION IN FIRST PLACE BY CRAZY MANAGERIAL DISCISIONS.
THE ONLY HOPE IS ADMINISTRATION, THEN WE CAN FINALLY BE RID OF THE LEECHES THAT ATTACH THEMSELVES TO OUR CLUB.

Josh, says...
2:55pm Mon 19 May 08

I don’t think it is a good idea getting in old professionals because they wont hack it in the Premiership anyway

We need to build a team from our Academy or other young players and hope they do not want to jump ship and join the bigger clubs.


I'm sorry John B but I have to disagree with on both these points. It has been shown time and again that the use of old professionals is the best way of getting out of this division. For example Kevin Phillips at West Brom (20+ goals this season) or Redknapp's Pompey side that had Merson, Stone and Sherringham.
It has also been proved that whilst we are capable of producing good young players, I can't see how we can hope to keep them for more than a year or two before they are sold. This brings us back to that magic word: Investment, we desperately need new funds to be put into the club. However it's very difficult to see where this investment will come from.

Simon Templar, Woolston says...
3:21pm Tue 20 May 08

Tracey wrote:
Simon Templar wrote:
Tracey wrote:
Wazza wrote:
reducing the wage bill of the first team squad, though they are keen to put cash into the academy.
Reduce the wage Bill yes (including the directors wages) Push money into the academy NO!!! Now is not the time. If we push what little money we have into the academy we won\'t see it\'s benefits for years to come. We need to rebuild now in the hope that we won\'t be scrapping it out again next year. Give money to Pearson who I believe can make sensible Championship signings i.e. hungry, prehaps older professionals that know what is needed at this level and won\'t want rediculous wages to do it. I\'m not happy with Lowes return, please get something right Lowe. You\'re like a broken record harping on about our academy. Yes the products of our academy have kept us solvent since going down but who was a large factor in us going down? Rupert Lowe!!!
Wazza, What money should be given to NP? There maybe very little money, not even enough for a single player in which case what little there is would be better spent developing income streams that will benefit the club in the future. When we got relegated Lowe cut his salary as well so I can\'t see that he will pay himself mega bucks especially as he seems to think there is not much money in the bank.
Oh pul-leeze. Typical shareholder speak - its all so transparent these days. Terrace fans dont speak like this. Stop fobbing the PLC sob story - Lowe got us here, people like you will keep us here. We can\'t move on til you and him move on.
Simon, How can th club move on when there is no money in the kitty? Costs have to be cut and revenues increased then there will be some money to spend. "Terrace fans dont speak like this." I credit terrace fans as having the common sense to see you can't spend money that you don't have. It wasn't Lowe that allowed expences to rise and allowed the club to lose £1 million per month - that was Crouch's doing along with his people.
Tosser

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