The same number of shares were accounted for in 2014, so nothing has changed. The sole shareholder is listed as Southampton Football Club Group.
Yeah. I have only just downloaded the PDF's so was going of the summaries. It doesn't really give all that much away. But we did receive a loan from an investment bank, Macquarie Bank, on 16th of November. Although without any details of the value of the loan it doesn't really tell us how significant it is. Bit of a guessing game I suppose!
Whilst borrowing is quite normal when running a business, it does indicate that we do not have lots of money sloshing around. However, doesn't mean there is a problem other than cash flow....but note the loan is set against our Sky share due in summer 2017, so it is short term. We have done this before and paid off the loans. It is presumably for a decent sum of money that we can draw down or it wouldn't be worth doing....so the question is does it help us just keep the club running (unlikely) or is it for a large outlay that we can't cover at the moment. If you bear in mind that Puel was told he wasn't getting a striker (no manager would seriously say that he didn't want one), I would suggest they hoped to get to the end of 2016/17 without needing to outlay capital....perhaps they have realised that this isn't going to happen. Or this is all tosh.
The most likely conclusion: given that a fair bit of the PL money is back-loaded, it doesn't mean we're in any sort of financial difficulty, because there's absolutely no reason we would be. But it does suggest that we may still be structuring inbound transfer fees over a longer term, as we were before, and perhaps indicates that we're no longer getting short-term financial support from above. Thus we may be taking on an outside loan with the expectation that it'll be paid off either by the end of the year, or when we're sold.
With the money in the premier league these days it is so hard for any club to come into financial difficulty even with ridiculous spending and wages. The problem is if you get relegated you are absolutely f*cked!
Yep we loan against the money we get over the course of the year from the crazy Prem money. This does indicate Kat is keeping to her self run club model and not investing.
They weren't on the crazy money that Prem teams get now. I can see it going close to £100m a year when the rights are up for again in 2019.
I'm a bit late on this whole takeover business, can anyone summarise things so far other than it may/may not happen....?!
Finished last Wednesday, but no news.. It might have been helpful to keep us informed.. Don't hold your breath.
That was some time ago. The money was still good then but the contract that comes in next season is utterly ridiculous. Obviously, in theory, it can still be done. All you need to do is spend way beyond your means. It's just that realistically it would take so many acts of stupidity to achieve such a feat, that it will not happen any time soon.
Bloody hell....thank you.... is this for a full blown or partial takeover, or are people just pissing in the wind with this one? I'm thinking Chinese money may help oil the wheels financially, but directionally we need/want Kat....?
Kat wants to sell so she is the last thing we need direction wise. Well, second last behind idiotic owners like at Birmingham.
It probably is. She will of course want to get the best deal possible and she's not desperate to sell to the point she'll accept any offer but I don't think anyone can really question that she's looking to sell the club.
