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Lowe: It's good to be back
Rupert Lowe
Rupert Lowe

RUPERT Lowe said it is "good to be back" as he and Michael Wilde spoke out for the first time since returning to the St Mary's boardroom today.

The former chairmen swept into power this morning, after directors Leon Crouch, Keith Wiseman and Patrick Trant followed in the footsteps of Lee Hoos and resigned.

The EGM scheduled for tomorrow has been cancelled, as a result.

Lowe said there were serious issues that he and Wilde had to address.

He also insisted the previous board had been "bailed out" on a number of occasions by the club's academy, which he said was a legacy from his time.

"It is good to be back but there is a big job to do," he said. "People have to realise this club has got serious financial problems.

"I do not want to rake over old ground and talk about who did what and why we are in this situation but the fact is that over the last two years this club has lived a life far beyond what it can afford.

"I will say that Michael and I had overwhelming support from shareholders and would have had a resounding majority if the EGM had gone ahead.

"It was not just the people you would expect to back us but a lot of other shareholders too. The requisition was withdrawn because the previous board accepted the reality of the situation that a substantial majority supported us.

"We now have to have a close look at the books and decide how to take the club forward. We will be driven from now on by what we want to do and what the bank is happy for us to do.

"The fans have to understand that it is not a good picture and Michael and I are here to restore the club to financial health.

"I have said many times before that if you are in hock to the bank then it is the bank who decide what happens rather than the board.

"We will reinstate long-term rather than short-term planning. The club has been bailed out in the past couple of years by the academy, which was a legacy of the old board.

"But it is no good talking about blame. We are where we are and the key now is to look forward and long-term planning will be an essential part of that.

"There are no promises. It is going to be a long fight back and fans have to understand that.

"We need their support more than ever. We are all in this together and we need them to get behind us and to move forward with unity and purpose."

Wilde insisted the door is still open for anyone wanting to put money into the club.

He said: "If someone genuinely provided significant money to guarantee the long-term future of the club then we would have an obligation to the shareholders to look at any interest.

"We are a public company and we have a duty to all shareholders not just a few and we must do what is best for the club.

"We welcome any approaches which are substantive and in the interests of the company but we cannot rely on a fairy godmother.

"If one did turn up we would be more than happy to talk to them but in the mean time we cannot bury our heads in the sand and just hope it happens.

"We have to get the club back on a sound financial basis with long-term planning and a sensible approach."

Lowe and Wilde said they hope to issue a statement once they have had the chance to study the books and assess the situation.

Lowe said: "Today is all about the memory of Alan Ball and the Legends match at the stadium tonight.

"I hope fans turn out in memory of one of the club's great servants and I expect it to be an entertaining game. That should be the focus today rather than boardroom issues.

"We will make a statement once we are in a better position to do so and once we have all the facts at our fingertips."

2:36pm Thursday 15th May 2008

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Posted by: Al, Yorkshire on 2:57pm Thu 15 May 08
Sounds like more forced player sales to me
Posted by: Tay, Southampton on 3:10pm Thu 15 May 08
I just pray we dont sell ALL the talent we have at the club.. If someone wants to pay 10 mil for jason euell, that would be greatly appreciated.
Posted by: george on 3:14pm Thu 15 May 08
do you think wilde and crouch look like noddy and big ears?
Posted by: Mike, soton on 3:17pm Thu 15 May 08
Welcome back Mr. Lowe.

I hope you have learnt from the mistakes you may/may not have made before. Like you said there is no point going over old ground, who did what etc.

It's time steady the ship and get our finances in hand. Please do all you can to secure the permanant services of Mr. Pearson and Richard Wright so we can start preparing for a decent promotion challenge in 08/09. I know it will be a hard couple of years until hopefully we are back to the top flight. This would mean not selling our main player assest young or old but shifting some of the deadwood then allowing Nigel a bit of money to bring in so new talent.

I am hoping that the games will not be riddled with idiots in the crowd with Lowe out banners etc. and you can help this by keeping a low (excuse the pun) profile and just getting on with the job in hand.

I for one will be showing my support for the team and club regardless of who is in charge of the boardroom and hope that the rest of Southampton will finally get the chip off thier shoulders and back the team/club rather than attacking individuals!

Good Luck, you are going to need some.

COYR!
Posted by: thedelldays, plymouth on 3:25pm Thu 15 May 08
Mike wrote:
Welcome back Mr. Lowe. I hope you have learnt from the mistakes you may/may not have made before. Like you said there is no point going over old ground, who did what etc. It's time steady the ship and get our finances in hand. Please do all you can to secure the permanant services of Mr. Pearson and Richard Wright so we can start preparing for a decent promotion challenge in 08/09. I know it will be a hard couple of years until hopefully we are back to the top flight. This would mean not selling our main player assest young or old but shifting some of the deadwood then allowing Nigel a bit of money to bring in so new talent. I am hoping that the games will not be riddled with idiots in the crowd with Lowe out banners etc. and you can help this by keeping a low (excuse the pun) profile and just getting on with the job in hand. I for one will be showing my support for the team and club regardless of who is in charge of the boardroom and hope that the rest of Southampton will finally get the chip off thier shoulders and back the team/club rather than attacking individuals! Good Luck, you are going to need some. COYR!
well said...some of the comments on here are rather embarassing to say the least...
Posted by: John B, Bitterne on 3:26pm Thu 15 May 08
Mike wrote:
Welcome back Mr. Lowe. I hope you have learnt from the mistakes you may/may not have made before. Like you said there is no point going over old ground, who did what etc. It\'s time steady the ship and get our finances in hand. Please do all you can to secure the permanant services of Mr. Pearson and Richard Wright so we can start preparing for a decent promotion challenge in 08/09. I know it will be a hard couple of years until hopefully we are back to the top flight. This would mean not selling our main player assest young or old but shifting some of the deadwood then allowing Nigel a bit of money to bring in so new talent. I am hoping that the games will not be riddled with idiots in the crowd with Lowe out banners etc. and you can help this by keeping a low (excuse the pun) profile and just getting on with the job in hand. I for one will be showing my support for the team and club regardless of who is in charge of the boardroom and hope that the rest of Southampton will finally get the chip off thier shoulders and back the team/club rather than attacking individuals! Good Luck, you are going to need some. COYR!
Lets just consolidate mid table in the Championship trying to buy ourselves promotion and paying high wages has got us in this situation.

WE need to plan long term not short term which of course is more popular we need to be patient.

We cannot possibly sustain life in the Premiership in our current situation.

Spending money on Richard Wright (our savior) is out of the question.
Posted by: a very sad saints fan, hampshire on 3:37pm Thu 15 May 08
well that PARASITE and his groovy gang are back in power, I am not hold my breath waiting to see how much money they put into the club!!!! basically crawl back under youre stone LOWE you are not wanted at soutampton
Posted by: thedelldays, plymouth on 3:39pm Thu 15 May 08
a very sad saints fan wrote:
well that PARASITE and his groovy gang are back in power, I am not hold my breath waiting to see how much money they put into the club!!!! basically crawl back under youre stone LOWE you are not wanted at soutampton
have you read the statements, they are not going to put their own money into the club, rather sort out the financial mess that it has become.....

I want lowe back and Im sure many others do...

Posted by: skate basher, anywhere on 3:47pm Thu 15 May 08
Mr Lowe,

Dont you think your first important job is to secure a manager for next season ??

and Mr Wilde....no false promises this time.

Youve both got a massive job to get the fans on your side.
Posted by: Ric Flair on 3:49pm Thu 15 May 08
Shave his head and beat him to the ground in front of the whole world on tv,

Thats probably what all the saints fans want

Might as well start the riot from now
Posted by: Arthur Name, The Toon on 3:52pm Thu 15 May 08
He's got a nerve bringing Alan Ball's name into this... Agree with Al of Yorkshire, player sales imminent...... Just as well we have an Academy then... (all thanks to Lowe,, according to him anyway)... A dark day for SFC and more ahead I think...
Posted by: Benny Fitt, Thornhill on 3:53pm Thu 15 May 08
george wrote:
do you think wilde and crouch look like noddy and big ears?
Excellent post george!
At this crucial time for the football club, it takes a true intellectual to come up with an observation like that!
I feel certain that your observation will have a great beneficial effect on the club!
Keep up the good work!
Posted by: The Old'un, Christchurch on 3:54pm Thu 15 May 08
As we live in a democracy, we are all entitled to express our opinions although some contributors do so in a way that I find makes it difficult to place much credence on what they are saying.Distortion and apparent malice do not produce sensible, balanced comments.
As a supporter from the 1950's (I can still name some of the teams), I think the return of Rupert Lowe & Michael Wilde is the only thing that will save Southampton Football Club from administration. They have a very difficult, hard time ahead of them and will have to make some decisions which will be both hard and unpopular if they are to succeed.
I very much hope that the ordinary, sensible supporter will let bygones be bygones, whatever their feelings and give their support to the Club, directors, playing staff and all and help move the Club forward to better things which is surely what we all want.
Posted by: george on 3:54pm Thu 15 May 08
thedelldays wrote:
a very sad saints fan wrote:
well that PARASITE and his groovy gang are back in power, I am not hold my breath waiting to see how much money they put into the club!!!! basically crawl back under youre stone LOWE you are not wanted at soutampton
have you read the statements, they are not going to put their own money into the club, rather sort out the financial mess that it has become.....

I want lowe back and Im sure many others do...

I think lowe will be good for the club.
Wilde, I am not so sure about - I believe he brought about most of the crap that has happened over the last 2 years, if you think - the guys who have just been laughed out were the ones that wilde brought to the board.

although we never spent much money under lowe, I never remember us even talking about administration!

hopefully he has learned from his managerial appointment errors!
Posted by: Saint Paul, Brockenhurst on 3:56pm Thu 15 May 08
The old board took a gamble 2 summers ago by spending money on players and wages the club could not afford. It was a gamble that nearly came off but we failed in the playoffs.

I'm no supporter of Lowe but do believe he should be given time to put things right. He must keep Pearson on.
Posted by: couzzy on 3:59pm Thu 15 May 08
I'm sick and tired of this disgusting cancer that is eating away at our once great club. I despise Lowe more than i can possibly express on this site , in fact every we have not had a chairman who loved and cared for this club since sir ted bates , thats just the way football is these days. Lowe has a hell of a job to convince a majority of the fans that he cares about the club and not just his own bank balance and i just dont think he's capable of doing it. He just could'nt resist talking about the accademy could he? what about the failed radio station? Slip your mind did it? Still, never mind we have the best catering this side Kuti's dont we?

Would someone who cares PLEASE PLEASE come and save us from the clowns who put us in this mess??
Posted by: Andy T, USA on 4:06pm Thu 15 May 08
"It's good to be back". Only for you and your money sucking clowns Lowe. Why are you parading yourself on the website and in the papers? I thought your puppet Wilde was the Chairman of the football club. How nice of you to quickly lay blame to Leon Crouch for the situaion we are in. We were relegated because you were concerned only about balancing the books, to hell with the quality of the first team and it's ability to compete in the Premiership. Please note the majority of funds spent on new players were under Wildes short tenure. Nice though that you claim the Academy has financed the Club the past 2 years - may I remind you about Theo Walcott, Wayne Bridge etc. during your time in charge. I can't wait for Division 2 football. Yeah, welcome back Mr Lowe. Give yourself a raise and another pat on the back.
Posted by: Andrew on 4:09pm Thu 15 May 08
Already we have double talk coming out of SMS. Wiseman is talking in bullish terms about a new investment offer - Lowe and Wilde are saying it will be a long period of hardship.
The club needs people who can bring capital to the table, so Lowe/Wilde need to give us a better offer than the unnamed investors (Fulthorpe/Cousins?)
.
What we don't need is egotistical bullshit about being a saviour.
Posted by: Osama Bin Laden, A Cave far far away on 4:35pm Thu 15 May 08
Welcome Back Rupert

Now hire Steve Wigley
Posted by: J of the Special Branch, Scene of the Crime on 4:40pm Thu 15 May 08
Authur Name mentions Alan Ball.

Im sure Lowe meant well on focussing on tonights memorial game in memory of Alan Ball and does not want his return to be the centre of attention at St Mary's Yes the games there if you had not already sussed.
I did suspect the other day that Crouch and co would resign today. This game gives the anti lowe brigade the chance to demonstrate before during and after the game especially as Sky are showing it Live.
Coincidence, I think not crouch deliberatley waited until today, they should have gone yesterday.
Posted by: Ric Flair on 4:47pm Thu 15 May 08
Just heard on skysports that someone has just assaulted Rupert Lowe

As he was heading to his car, a person who was standing 6 feet 12 tall attacked him from behind.

He is now in hospital with fractured ribs and a broken cheekbone with a battered up nose.

He has also broken his leg and arm, Which means he may never walk again
Posted by: Mark R, San Francisco (Ex Pat) on 4:51pm Thu 15 May 08
I wonder if the new crew will 'suddenly' find that the only cure is to sell off part or all of the training ground to developers who they just 'happen' to come across and, having made the sale, lowering the financial burden of the parent company, will they then give themselves a large congratulatory bonus. Or am I being overly cynical?
Posted by: Mark R, San Francisco (Ex Pat) on 4:52pm Thu 15 May 08
I wonder if the new crew will 'suddenly' find that the only cure is to sell off part or all of the training ground to developers who they just 'happen' to come across and, having made the sale, lowering the financial burden of the parent company, will they then give themselves a large congratulatory bonus. Or am I being overly cynical?
Posted by: Mark R, San Francisco (Ex Pat) on 4:52pm Thu 15 May 08
I wonder if the new crew will 'suddenly' find that the only cure is to sell off part or all of the training ground to developers who they just 'happen' to come across and, having made the sale, lowering the financial burden of the parent company, will they then give themselves a large congratulatory bonus. Or am I being overly cynical?
Posted by: Stu, New Forest on 4:54pm Thu 15 May 08
"I do not want to rake over old ground and talk about who did what and why we are in this situation but the fact is that over the last two years this club has lived a life far beyond what it can afford", quite agreed Rupert, why then are you now in cohorts with the man that brought about this upheval the last two years??

"He also insisted the previous board had been "bailed out" on a number of occasions by the club's academy, which he said was a legacy from his time".

Rupert you were bailed out time and time again by a certain Matthew Le Tissier, if i believe correctly did he not come through the ranks prior to your arrival???

Please, no more spin just get on with the job and keep out of our sight. We don't need your opinion and views on the E.U, or governmental issues like we used to have to read within a Saints football programme. Your in again, just get on with your job and enjoy the salary.

Posted by: Arthur Name, The Toon on 4:56pm Thu 15 May 08
J of the Special Branch wrote:
Authur Name mentions Alan Ball. Im sure Lowe meant well on focussing on tonights memorial game in memory of Alan Ball and does not want his return to be the centre of attention at St Mary's Yes the games there if you had not already sussed. I did suspect the other day that Crouch and co would resign today. This game gives the anti lowe brigade the chance to demonstrate before during and after the game especially as Sky are showing it Live. Coincidence, I think not crouch deliberatley waited until today, they should have gone yesterday.
Those that would use the memorial match to voice protest at Lowe would be out of order.

The point is that Lowe will be aligning himself with a man who loved football & Saints and who had achieved so much in his footballing lifetime for the England and SFC, as big a contrast with Lowe you couldnt wish to find .
Posted by: David Brown, Lee-on-the-Solent on 5:10pm Thu 15 May 08
The cancer started to grow within Southampton Football Club the day Rupert Lowe stepped inside all those years ago.
Here he is once again spouting his usual public schoolboy spin saying that the club has lived beyond it's means over the last 2 years and referring to the accademy bail out during the last 2 years.
Rupert Lowe ,you paid yourself and your mates a fortune when you were chairman,you also waisted a lot of money on Sir Cive Woodward along with having to pay off the dross you sometimes appointed as managers.
You also sold off the silverware before Wilde or Crouch took over the reigns as chairman.So you made no judgement errors whilst in charge.
I love the statement we are all in this together. Rupert Lowe has only come back into this club in an attempt to safeguard his financial assets.He will not give a **** about the supporters, and I do not expect to see Nigel Pearson as Manager at the end of June.
I trust Rupert Lowe about as much as I trust politicians
Posted by: John Bacon, Bitterne on 5:23pm Thu 15 May 08
David Brown wrote:
The cancer started to grow within Southampton Football Club the day Rupert Lowe stepped inside all those years ago. Here he is once again spouting his usual public schoolboy spin saying that the club has lived beyond it's means over the last 2 years and referring to the accademy bail out during the last 2 years. Rupert Lowe ,you paid yourself and your mates a fortune when you were chairman,you also waisted a lot of money on Sir Cive Woodward along with having to pay off the dross you sometimes appointed as managers. You also sold off the silverware before Wilde or Crouch took over the reigns as chairman.So you made no judgement errors whilst in charge. I love the statement we are all in this together. Rupert Lowe has only come back into this club in an attempt to safeguard his financial assets.He will not give a **** about the supporters, and I do not expect to see Nigel Pearson as Manager at the end of June. I trust Rupert Lowe about as much as I trust politicians
Very Cynical Post which again bears little with respect to reality.

To address one point yes we are losing money hand over fist and we will of course have to sell players off to make up the short fall
Posted by: Judge, waterside on 5:31pm Thu 15 May 08
How low can this great club fall, is there no end in sight.Lowe/Cowen are parasites who have done nothing but rape and destroy this club.The money they took in so called wages is a disgrace, no doubt that will be there first job discusssing thier salary rather than trying to help Nigel Pearson.
My advice to real saints fans is to throw your seasons tickets away . These two clowns can do nothing without our support,but they will never understand this!!
Posted by: Fred, Southampton on 5:31pm Thu 15 May 08
Two words sum up why there is no money and we are in our current plight. The first begins with R and the second begins with L.

If you need more clues, Mr Chairman, look at the name label in your blazer.

So stop your sanctimonious rantings and get some new money in, then clear off back to the west country.
Posted by: cutting through the crap!!, Southampton on 5:47pm Thu 15 May 08
How can Lowe have the cheek to say the acadamy bailed the previous board out!!
Under his leadership he sold everything half decent in site to "bail out" his pension fund!!
This man is a total hypocrite and his disregard for supporters intellegence is unreal!!
Posted by: Cutting through Lowes BS!!, Southampton on 5:51pm Thu 15 May 08
I wonder how long before share buy backs, dividends, etc are reintroduced!!
If the club are that poorly off, I take it you won't be taking a salary then Lowe??.... Er thought not!!
Posted by: SolentSaint, Soputhampton on 5:57pm Thu 15 May 08
Don't worry guys. Give it another couple of seasons and you'll be able to watch them for free at Millbrook Rec.
Posted by: John B, Bitterne on 6:01pm Thu 15 May 08
Cutting through Lowes BS!! wrote:
I wonder how long before share buy backs, dividends, etc are reintroduced!! If the club are that poorly off, I take it you won't be taking a salary then Lowe??.... Er thought not!!
I expect you work for nothing and give loads of money to Charity.

Give the bloke a chance we are in a financial mess which needs sorting out of course he should be paid
Posted by: Shirleymush, Shirley, Southampton. on 6:14pm Thu 15 May 08
"Over the last two years this club has been lived a life far beyond what it can afford".

It was him that spent a million quid on a training complex in the shape of Clive Woodward's head. The man lives on another planet entirely. His assessment of the events of the last decade is pure fantasy.
Posted by: Gerald Whiley, Southampton on 6:20pm Thu 15 May 08
"Bailed out on a number of occasions by the club's academy, which he said was a legacy from his time".

Who the hell do you think you are?

I can only think of Gareth Bale. Prior to to that, the last starlet was Theo Walcott - who YOU sold! Prior to that Wayne Bridge was the big product of the academy - who YOU sold!

With Leon Crouch, I doubt we would have been willing to even sell Bale had we not been for the fact we were financially up s**t street following the relegation you presided over + the complete and utter lack of interest in getting out of the Championship at the first opportunity (Crouch & Phillips OUT, Ricardo Fuller IN... That's ambitious... Lots of money in the bank though).

And now he says he needs our support more than ever? From the man who said, "The popularist opinion is usually wrong and the opinion of the crowd is always wrong".

What other gems? Oh, "I will work with who I want to work with" Well pal, just because the fans didn't want Hoddle back does NOT mean they wanted Paul Stuurock or Steve Wigley!!!
Posted by: Cutting through Lowe's BS!!, Southampton on 6:22pm Thu 15 May 08
Lowe has only come back to protect his shares!! The club goes under his shares are worthless!!
Therefore he should not take a wage, his payment will be protection of the share price!!
Remember Lowe has already taken £3 million in wages, dividends, etc during his previous time as chairman.
If he really cares about the club and wants to earn any sort of respect from supporters then he should not take a wage, same with wilde. To any people have been feedingfromhe trough for long enough, which is why we are where we are.
I'm sure he'll still be able to pay his bills.
Posted by: Bitterne Park Tim, Bitterne Park on 6:37pm Thu 15 May 08
HEEEEEELLLLLLPPPPPPP
PP!!!!!!!!!!!!
Posted by: Kabba, Millbrook on 6:47pm Thu 15 May 08
Rupert Lowe claiming he's back to look at the books and sort out the clubs financial problems but the funniest quote from him so far already is "over the last two years this club has lived a life far beyong what it can afford."

I'll just mention a few things that might be worth thinking about, Rupert....

1. Sir Clive Woodward.....how much were we paying him?!?!
2. Transfers.....we haven't exactly been buying the likes of ronaldinho now have we
3. Countless managers......Lowe's paid out more contracts than we've have hot dinners!!
4. Simple matter of money........where did Rupert put the money from FA Cup final, UEFA games, TV rights, transfers out of the club which exceed over £30m in the last four years, sponsorship money, wage cuts in 2005/2006.

He's here now and there's nothing we can do, so i just hope and beg that Rupert Lowe will do something right for once.


COME ON YOU SAINTS 08/09!!!

Posted by: saintsnick, southampton on 7:01pm Thu 15 May 08
Welcome back to the man who diminished my love of football.
Please let there be someone out there to buy us so lowe is only back for a short time.
He is the reason why we are where we are.
I will always despise him and what he has done to the club i grew up with.
Stuff your catering, stuff your radio station - i want my football club abck
Posted by: Simon on 7:11pm Thu 15 May 08
On balance, I think Rupert Lowe did a great job for SFC. He raised the club's profile in a number of ways, some good, some not so good. He is after all human, despite claims that he's the Anti-Christ (although he has risen from dead in a metaphorical sense). To those who think he's only in it for the money, I say "Great". If he's got some substantial skin in the game, I doubt he'll plunder the Club the way Crouch and his co-mice did. He'll want to raise the stock price to protect his investment, and he's smart enough to connect the dots back to results on the field. If he walks away with a massive windfall at the end of it all, then that means the Club's been successful, and we can all take comfort from that...all of us that don't have a chip on our shoulders about other people being successful and making money, that is! Also, to those of you who seriously believe Lowe stashed away millions from the FA Cup, EUFA, TV revenues, get real for a second. Have any idea of the penalties for doing something like that? Evidently not, as you wouldn't even attempt to show such ignorance with such statements.
Posted by: Michael, Itchen on 7:18pm Thu 15 May 08
All ask of Mr Lowe and Mr Wilde is tell us you are keeping Nigel Pearson on as Head Coach. I'm sure Nigel knows he will have to wheel and deal to build his squad for next season.
Posted by: Rupert Lowe, Up my own arse on 7:44pm Thu 15 May 08
Stayed tuned for more BS. I have a seriously selective memory!!
Posted by: Lowe OUT on 8:29pm Thu 15 May 08
Lowe and Wilde the scum responsible for the mess SFC has become.

Wilde you dirty scouse judas barstard..........
Posted by: dainopwel, Bristol on 8:37pm Thu 15 May 08
John Bacon wrote:
David Brown wrote: The cancer started to grow within Southampton Football Club the day Rupert Lowe stepped inside all those years ago. Here he is once again spouting his usual public schoolboy spin saying that the club has lived beyond it\'s means over the last 2 years and referring to the accademy bail out during the last 2 years. Rupert Lowe ,you paid yourself and your mates a fortune when you were chairman,you also waisted a lot of money on Sir Cive Woodward along with having to pay off the dross you sometimes appointed as managers. You also sold off the silverware before Wilde or Crouch took over the reigns as chairman.So you made no judgement errors whilst in charge. I love the statement we are all in this together. Rupert Lowe has only come back into this club in an attempt to safeguard his financial assets.He will not give a **** about the supporters, and I do not expect to see Nigel Pearson as Manager at the end of June. I trust Rupert Lowe about as much as I trust politicians
Very Cynical Post which again bears little with respect to reality. To address one point yes we are losing money hand over fist and we will of course have to sell players off to make up the short fall
"WE"???
Yet another of Lowe's insufferable internet crew.Why dont they all shove off we dont want them or their master.
Posted by: John B, Bitterne on 8:42pm Thu 15 May 08
dainopwel wrote:
John Bacon wrote:
David Brown wrote: The cancer started to grow within Southampton Football Club the day Rupert Lowe stepped inside all those years ago. Here he is once again spouting his usual public schoolboy spin saying that the club has lived beyond it\'s means over the last 2 years and referring to the accademy bail out during the last 2 years. Rupert Lowe ,you paid yourself and your mates a fortune when you were chairman,you also waisted a lot of money on Sir Cive Woodward along with having to pay off the dross you sometimes appointed as managers. You also sold off the silverware before Wilde or Crouch took over the reigns as chairman.So you made no judgement errors whilst in charge. I love the statement we are all in this together. Rupert Lowe has only come back into this club in an attempt to safeguard his financial assets.He will not give a **** about the supporters, and I do not expect to see Nigel Pearson as Manager at the end of June. I trust Rupert Lowe about as much as I trust politicians
Very Cynical Post which again bears little with respect to reality. To address one point yes we are losing money hand over fist and we will of course have to sell players off to make up the short fall
"WE"??? Yet another of Lowe's insufferable internet crew.Why dont they all shove off we dont want them or their master.
How ridiculous.

I have been posting for ages

Just a realistic Saints supporter not manic like a great number of others.
Posted by: Doctor Saint on 8:52pm Thu 15 May 08
Lowe has turned into a spin doctor. How, as a major shareholder, doesn't he know the financial position. If he doesn't he shouldn't be on the board. The last lot and the lot before that, who are now the new lot, are ridculous and unfit to run the club.
Posted by: Tracey, Southampton on 9:11pm Thu 15 May 08
Doctor Saint wrote:
Lowe has turned into a spin doctor. How, as a major shareholder, doesn\'t he know the financial position. If he doesn\'t he shouldn\'t be on the board. The last lot and the lot before that, who are now the new lot, are ridculous and unfit to run the club.
Just because Lowe is a major shareholder does not mean he automatically should know the detail of the accounts, this is why he, Wilde and Cowen are being bought up to speed by David Jones.

I'm more concerned about what gets said at the upcomming meeting with the bank than how much Lowe knows about the exact financial position of the club.
Posted by: Extract from Rupes Diary, DAY1... on 9:11pm Thu 15 May 08
DAY ONE...

1.00pm Counted club's money, needed to see how much I can get away with paying myself

1.05pm Met with Glen Hoddle, nice man should make a good manager, said he would get back to me.

2.00pm Rang Daily Echo and demanded they remove all libelous postings about me or I would sue them, that website will be a tidier place from now on! They will respect my authoritaa!

3.30pm Arranged meeting with NP tomorrow, hope he doesn't take it too badly, but he has to go

4.00pm Ate my cucumber sandwiches and looked at rugby website.

4.30pm Rang Barclays and begged for a loan, but I think we got cut off?

5.00pm Rang Sailor Sam and offered asked him the position executive PR Manager at SFC, which he gladly accepted.

6.00pm Rang crew 657 and asked offered him the job of team boot clener and toilet scrubber which he gladly accepted, might ask him to wash my Bentley later.

7.00pm I think there's some football thingy on tonight somewhere, think I should show my face.

That's all for today diary, will udate you
tomorrow. Oh it's good to be back Hmmmmmmm

Rupes x

Posted by: Doctor Saint on 9:17pm Thu 15 May 08
Tracey wrote:
Doctor Saint wrote: Lowe has turned into a spin doctor. How, as a major shareholder, doesn\'t he know the financial position. If he doesn\'t he shouldn\'t be on the board. The last lot and the lot before that, who are now the new lot, are ridculous and unfit to run the club.
Just because Lowe is a major shareholder does not mean he automatically should know the detail of the accounts, this is why he, Wilde and Cowen are being bought up to speed by David Jones. I'm more concerned about what gets said at the upcomming meeting with the bank than how much Lowe knows about the exact financial position of the club.
So if you have several millions invested somewhere, you wouldn't keep track of the financial position ! Not sure that gives me a great deal of confidence in him. Still, he appointed Stuart Gray, Steve Wigley and Clive Woodwood, so no surprise there.
Posted by: Exile, East Anglia on 9:26pm Thu 15 May 08
I suggest that we all refuse to buy season tickets until Lowe et al publicly commit to Nigel Pearson's tenure.

Perhaps the Echo could organise a survey to show how great the support for Pearson and this idea would be and put Lowe under real pressure!
Posted by: Tracey, Southampton on 9:33pm Thu 15 May 08
Yep sure I would keep track of the financial position, twice per year I would get the accounts, I would keep a close on on the fundamentals and look at trading updates/profit warnings but having that information does not tell me what is in the bank right now now what the wages bill is right now etc.

On returning to the Saints today Lowe probably knew as much about the financial position as any other major share holder of any other company
Posted by: Tracey, Southampton on 9:37pm Thu 15 May 08
Exile wrote:
I suggest that we all refuse to buy season tickets until Lowe et al publicly commit to Nigel Pearson's tenure. Perhaps the Echo could organise a survey to show how great the support for Pearson and this idea would be and put Lowe under real pressure!
It's all very well to want Saints to keep NP but in a statement yesterday it was said the club might not be able to afford to keep him.
Posted by: jesus_02, kingsland on 10:16pm Thu 15 May 08
John B wrote:
Cutting through Lowes BS!! wrote: I wonder how long before share buy backs, dividends, etc are reintroduced!! If the club are that poorly off, I take it you won't be taking a salary then Lowe??.... Er thought not!!
I expect you work for nothing and give loads of money to Charity. Give the bloke a chance we are in a financial mess which needs sorting out of course he should be paid
John Brown is it? Fred Smith maybe

as your employer said earlier

"The fans have to understand that it is not a good picture and Michael and I are here to restore the club to financial health."

the truth

The fans have to understand nothing.

Lowe has earned many times what you or i will earn in a life time from this club. If he wants to run the club as a business then he cant expect the customer no mater how loyal. To "understand" anything

If Southampton leisure holdings goes to the wall the club will endure.

The club is not a financial institution.

Shame on those that voted the leach back in.
Posted by: Alvin, winchester on 10:27pm Thu 15 May 08
I hate 'know-it-all' so called fans who bury their heads in the sand and think there is a point to saying 'lowe is a parasite' etc. The man won't come into this just for an ego trip - for goodness sake - fact of the matter is that eh and wilde have a lot of money in shares which they dont want to lose if we go bankrupt. We were heading into oblivion under crouch etc. You should be happy that there is someone now who may look at this with a serious viewpoint. All Lowe haters = SFC haters.
Posted by: Tracey, Southampton on 10:32pm Thu 15 May 08
jesus_02 wrote:
John B wrote:
Cutting through Lowes BS!! wrote: I wonder how long before share buy backs, dividends, etc are reintroduced!! If the club are that poorly off, I take it you won't be taking a salary then Lowe??.... Er thought not!!
I expect you work for nothing and give loads of money to Charity. Give the bloke a chance we are in a financial mess which needs sorting out of course he should be paid
John Brown is it? Fred Smith maybe as your employer said earlier "The fans have to understand that it is not a good picture and Michael and I are here to restore the club to financial health." the truth The fans have to understand nothing. Lowe has earned many times what you or i will earn in a life time from this club. If he wants to run the club as a business then he cant expect the customer no mater how loyal. To "understand" anything If Southampton leisure holdings goes to the wall the club will endure. The club is not a financial institution. Shame on those that voted the leach back in.
"The fans have to understand nothing."

The fans have to understand the club is heavily in debt so probably there will not be any new signings

"If Southampton leisure holdings goes to the wall the club will endure."

If Southampton leisure holdings goes to the wall then the business is bust and assests sold off to pay debts.
Posted by: preying for a miracle, aldermoor on 10:33pm Thu 15 May 08
lowe is just protecting his interests as usual he caused this lets face it, but i see the same names on here who r meant to be supporters just talking rubbish the fans need to unite against this evil. they will just asset strip the club and the old supporters will just sit bk and watch it happen. Southampton will become just a club for journey men.
Posted by: David Crook, Yorkshire on 10:42pm Thu 15 May 08
Great news,welcome back Rupert and Mr.Wilde.
one piece to go to make the professional team complete,and thats Mr.Hoddle.
At long long last the club can move forward now.
David Crook
Posted by: sailor sam, portsmouth on 11:16pm Thu 15 May 08
When the club is in such a poor financial state, needing everyone to work together, it is nice to see that all the 'supporters' are united behind the chairman!
Posted by: PaulG, Southampton on 11:26pm Thu 15 May 08
Lowe is right – a return to long term planning is the way forward.

The short term planning implemented since he left has backfired big time, culminating in near on £1M per month operating losses. Even the outstanding £7M from the Walcott sale was brought forward and has lost the Club £3M of future income – note that Walcott is now playing regularly for Arsenal and will soon break into the full England team so the money would have arrived.

The club has gambled far too much on transfer fees and in particular on player wages in the last 2 years and it has failed miserably. Lets hope Lowe can now turn it around and secure the Club’s future by paying sensible wages for hungry players and by developing the academy once more.

Posted by: Paul TS, Swanwick on 12:10am Fri 16 May 08
Rupert is still trying to claim responsibility for the academy!! Were we not producing players before he came along and did we also not have an academy before he arrived at the club?? Bad news for Saints FC me thinks. Well done for all those getting their season tickets, better chance of buying a Euro Lottery ticket and winning the jackpot this Friday, than having Rupert take us to the premier league next season. I see more in house fighting due to his return and in all honesty no positives in this news. For all those that back Rupert, I hope for the clubs sake you prove me wrong, but my gut reaction is that this is the wrong move for the club and more about Ruperts ego and protection of his and Michaels personal shares! I also doubt he will ever read the Echo, let alone our posts here, to see what the majority of Saints fans views are!Leon may not have prodused financial investment as we had all hoped, but the club was more united and he also personally acknowledged those that stayed behind at the main entrance following our last game of the season, Ruoert would never do this. Hopefully though he will stick with Pearson, in fact he probably has no choice as Saints FC have no money to spend and he will never put his hand in his pocket, which me thinks is probably not that full! Saints fans you are suckers if you support this man, watch this space and curse me all you like!!
Posted by: crew 657., new forest on 12:16am Fri 16 May 08
Ric Flair wrote:
Shave his head and beat him to the ground in front of the whole world on tv,

Thats probably what all the saints fans want

Might as well start the riot from now
a scummer start a riot..hahahahahahah pathetic. I for one like Lowe and would be happy with him at Pompey, you fickle scum are clueless, gutless and worthless
Posted by: crew 657., new forest on 12:27am Fri 16 May 08
Kabba wrote:
Rupert Lowe claiming he's back to look at the books and sort out the clubs financial problems but the funniest quote from him so far already is "over the last two years this club has lived a life far beyong what it can afford."

I'll just mention a few things that might be worth thinking about, Rupert....

1. Sir Clive Woodward.....how much were we paying him?!?!
2. Transfers.....we haven't exactly been buying the likes of ronaldinho now have we
3. Countless managers......Lowe's paid out more contracts than we've have hot dinners!!
4. Simple matter of money........where did Rupert put the money from FA Cup final, UEFA games, TV rights, transfers out of the club which exceed over £30m in the last four years, sponsorship money, wage cuts in 2005/2006.

He's here now and there's nothing we can do, so i just hope and beg that Rupert Lowe will do something right for once.


COME ON YOU SAINTS 08/09!!!

youre from that cowards enclave millbrook so that makes you yellow bellied and knuckle dragging. suggest you leave intelligent debate to those of us in the human race scummer
Posted by: serious crew 657, new forest on 1:20am Fri 16 May 08
A serious note here...Just learned that Robby Dunlop killed in practice for the NW200, looks like his 250 seized at 160mph. A huge loss to motorcycling sport...He's now with his brother Joey who died in 2000...2 great riders RIP
Posted by: Simon Templar, Woolston on 5:49am Fri 16 May 08
John Bacon wrote:
David Brown wrote:
The cancer started to grow within Southampton Football Club the day Rupert Lowe stepped inside all those years ago. Here he is once again spouting his usual public schoolboy spin saying that the club has lived beyond it's means over the last 2 years and referring to the accademy bail out during the last 2 years. Rupert Lowe ,you paid yourself and your mates a fortune when you were chairman,you also waisted a lot of money on Sir Cive Woodward along with having to pay off the dross you sometimes appointed as managers. You also sold off the silverware before Wilde or Crouch took over the reigns as chairman.So you made no judgement errors whilst in charge. I love the statement we are all in this together. Rupert Lowe has only come back into this club in an attempt to safeguard his financial assets.He will not give a **** about the supporters, and I do not expect to see Nigel Pearson as Manager at the end of June. I trust Rupert Lowe about as much as I trust politicians
Very Cynical Post which again bears little with respect to reality.

To address one point yes we are losing money hand over fist and we will of course have to sell players off to make up the short fall
Why would any fan mention this, sounds like a business associate or PR firm. Fans dont think about what we cant do, we are used to Big mac's method of finding out what WE CAN do on a limited budget.

You think we were rolling in money when we signed Keegan, Shilton and Alan McLoughlin, no we had a club who's personnel cared passionately about football and its fans. We are in financial difficulty now BECAUSE of Lowe - only someone paid to say anything different begs to differ.

Lowe has not got any interest in making this club appealing to the fans/customers. He only wants to pillage a salary or sell his shares on and make a tasty wedge.

Clear off Lowe, we see though you and your PR machine and will stay away until you go away.
Posted by: Philip Sutherland, Romsey on 7:48am Fri 16 May 08
Yes, Lowe's brought great harm to this club. I'm not paying a penny at the turnstill until he goes. Administration is better. We will come back one day.
Posted by: by any means necessary, south oxon on 8:31am Fri 16 May 08
Time to stop the slagging off guys. Like it or not Rupes is now back. Let's do what we should do and support the club we love. No amount of vitriole is going to change the fact that RL has returned. Let's be positive. Let's show the football world we are a strong united club standing together, no more in-fighting, no more negativity. A new season is just around the corner let's start being positive. ..and do we honestly care who wins the FA Cup tomorrow? I'd forgotten it was on! Seems the most low key build up in years.
The future is bright, the future's RED & WHITE!! COYR
Posted by: Russell, NZ on 8:32am Fri 16 May 08
Welcome back old chap.

Now get the club sold to some wealthy *creditable* businessmen then **** off.
Posted by: Simon Templar, Woolston on 8:53am Fri 16 May 08