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How do you feel about Gao partnership?

Discussion in 'Southampton' started by fran-MLs little camera, Aug 14, 2017.

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How do you feel about Gao partnership?

  1. Am excited.

    42 vote(s)
    29.6%
  2. Am concerned.

    9 vote(s)
    6.3%
  3. Neutral, but willing to wait and see.

    89 vote(s)
    62.7%
  4. Very unhappy.

    2 vote(s)
    1.4%
  1. Dark Lord SFC

    Dark Lord SFC Well-Known Member

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    I would say richer as we have no debts and don't have to pay any interest on the loans to KL any more
     
    #101
  2. Saints Fan4Life

    Saints Fan4Life Well-Known Member

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    Hmm, maybe his intentions are just to carry on as we are?
     
    #102
  3. Dohnut

    Dohnut Active Member

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    I wonder how we would all feel if they decided to Bring Back The Don ................. !!!! :emoticon-0150-hands<devil>:emoticon-0150-hands :emoticon-0148-yes:
     
    #103
  4. SAINTDON13

    SAINTDON13 Well-Known Member

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    Pardon the bump, Ms Liebherr is still here and still very much in charge, I don't understand why nor do I understand the lack of anything coming from our new financial owner!
     
    #104
  5. Libby

    Libby 9-0

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    She's not in charge really though is she?

    Gao can do what he wants.
     
    #105
  6. SAINTDON13

    SAINTDON13 Well-Known Member

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    She still is Registered as a Director on the Board, Gao is the new owner, but hasn't said a word about what his intentions are and hasn't done anything at all yet that we are aware of.
     
    #106
    Last edited: Nov 6, 2017
  7. Beef

    Beef Well-Known Member

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    Apart from pay the debts off
     
    #107
  8. SAINTDON13

    SAINTDON13 Well-Known Member

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    Yes, the finances seem to be managed through Macquarie Bank at the moment, a loan taken out on the strength of future income, but there is nothing on the Financial news front coming from the Gao syndicate, Kat Liebherr said in her letter that they were entering in to a Partnership and it would be business as usual.

    https://beta.companieshouse.gov.uk/company/00053301/charges
     
    #108
  9. fran-MLs little camera

    fran-MLs little camera Well-Known Member

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    Perhaps a more pertinent question might be what does the Gao partnership think of us. :)
     
    #109
  10. Schrodinger's Cat

    Schrodinger's Cat Well-Known Member

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    I heard they like you, but aren't too sure about some of the other posters
     
    #110
    latviandream and Archers Road like this.

  11. ChilcoSaint

    ChilcoSaint What a disgrace
    Forum Moderator

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    They’re puzzled as nobody told them that English fans boo as a sign of support...
     
    #111
    Archers Road likes this.
  12. fran-MLs little camera

    fran-MLs little camera Well-Known Member

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    Ah, people of perspicacity and taste. :)
     
    #112
    AshbySaint and Schrodinger's Cat like this.
  13. garysfc

    garysfc Well-Known Member

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    Yes, very strange bumb! Maybe so but with 20% she doesn't really have any real "say". If Goa wants to do "X" he can just call a shareholders meeting & approve, regardless of what she says. Anyawy, we haven't heard anything from any board members i.e. Goa or Leibherr.
     
    #113
  14. Ronnie Hotdog (MLsfc)

    Ronnie Hotdog (MLsfc) Well-Known Member

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    Kat obviously is very confident Gao will improve things and grow the club - otherwise she wouldn't have retained 20%.

    By keeping that 20% it is clear she thinks that it will be worth more in the future than it was when she sold it - and the only way for that to happen is for the club to grow.

    If Kat has faith in the new owners, perhaps we should too.
     
    #114
    Bill Hill likes this.
  15. SAINTDON13

    SAINTDON13 Well-Known Member

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    The fact that she is still a Registered Director of the Board, rather makes a mockery of those that said she would take her wad and run away, it seems to give the impression that her friend Mr Gao bought the Club to enable her to continue running it or am I missing something?
     
    #115
  16. fran-MLs little camera

    fran-MLs little camera Well-Known Member

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    Gao obviously bought it as an investment, but looks like Katharina can't quite let go totally (at least for the moment)....probably because the link to her father is too strong. She couldn't fund the investment we needed....only time will tell if Gao can.
     
    #116
    SAINTDON13 likes this.
  17. SAINTDON13

    SAINTDON13 Well-Known Member

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    Unless Mr Gao steps in quickly and does something positive, he will see his "investment" go down the dunny!
     
    #117
  18. garysfc

    garysfc Well-Known Member

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    Don't recall there were many who said that but maybe I glossed over? There's no way Goa is going to pay £200M+ (or whatever) & allow the previous to run. In normal business, it's very usual with such a takeover, the previous are held on & over the short term to allow / provide a period of stability - seems pretty logical & sensible for me here also. In addition, I'm sure Kat would have her dad's interest at heart to ensure good custodial direction for the club even though she's sold on.
     
    #118
  19. garysfc

    garysfc Well-Known Member

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    Yep, unfortunately I agree. Oh to be a fly on that wall ..........
     
    #119
  20. SAINTDON13

    SAINTDON13 Well-Known Member

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    You obviously never read the Echo site posts or follow the #saintsfc Twitter site. I hope he is a Goa and comes up with some progressive actions.
     
    #120

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