Groups

    Southampton FC (Scu*mers) shares suspended.

    looks like they are going into administration. It feels like all my Christmas presents have come early. PUPPPU

    12 Comments

    Southampton FC (Scu*mers) shares suspended



    I have never seen him on HUKD!

    Original Poster

    Shares in the parent company of Scumhampton Football Club were suspended today after the business failed to secure additional funds ahead of a 31 March deadline.

    Scumhampton Leisure Holdings warned that without the injection of additional finance it would be unable to continue as a viable business.

    While talks with a number of parties are going on, the company said it was required to suspend its shares because the uncertainty had prevented it from posting half-year results before yesterday's three-month deadline.

    The Times newspaper said the club had failed to agree an extension of its overdraft with Barclays and accountancy firm Begbies Traynor was standing by to step in as administrator.

    It is possible that moves to put the club's parent company, rather than the club itself, into administration will save it from having points docked by the Coca-Cola Championship. The team is three points from safety in 23rd position.

    I'm so loving this

    Original Poster

    tinkerbell28;4795967

    LooooooooooooooooooooooolMind you should not laugh as Pompey could go the … LooooooooooooooooooooooolMind you should not laugh as Pompey could go the same way.



    dont you worry Tinks.. we'll be fine

    Banned

    Predikuesi;4795983

    I have never seen him on HUKD!



    LOL.... you've never seen thesaint?

    Mind you, nice thought. :thumbsup::w00t:

    Scum are going down
    Scum are going down
    Super pompey staying up
    Super pompey staying up

    He's just apoor little scummer
    His face is all tattered and torn
    He made me feel sick so i hit him with a brick
    And now he don't sing no more

    Original Poster

    Pompeytoon;4796057

    Scum are going downScum are going downSuper pompey staying upSuper pompey … Scum are going downScum are going downSuper pompey staying upSuper pompey staying upHe's just apoor little scummerHis face is all tattered and tornHe made me feel sick so i hit him with a brickAnd now he don't sing any more



    mind you... it's the parent company .. they may not get docked any points but they can do that all by themselves anyway without any help from the FA.. lol

    [FONT="Arial Black"][SIZE="7"]Saints docked 10 points[/SIZE][/FONT]
    Southampton will be playing League One football next season after being deducted 10 points for breaching Football League insolvency regulations.

    The decision means that the 23rd-placed Saints are effectively relegated from the Championship.

    Southampton's parent company Southampton Leisure Holdings called in the administrators at the beginning of April, but the club were confident they would avoid punishment.

    However, an inquiry has found the St Mary's outfit responsible and the points deduction will take effect either in the current season, if Southampton avoid relegation, or next term, if the club do not beat the drop.

    A Football League statement said: "At its meeting today, the board of the Football League reviewed the report of the independent forensic accountants commissioned by the League to examine the circumstances at Southampton Football Club, together with external legal advice as to the interpretation of the League's regulations.

    Banned

    Pompeytoon;5012180

    [However, an inquiry has found the St Mary's outfit responsible and the … [However, an inquiry has found the St Mary's outfit responsible and the points deduction will take effect either in the current season, if Southampton avoid relegation, or next term, if the club do not beat the drop.



    Wow. Thats a double hammer! Basically means unless they avoid relegation this season (and get relegated anyway by losing 10 points), they'll be hit with likely relegation next season as well by starting on minus 10 !

    Is that public school boy toff Rupert Lowe still on board what a dick he is.

    http://img260.imageshack.us/img260/4051/bates.gif

    Gotta say it feels sweet :-D

    Been waiting for this moment for years... lucky old scum been in the shadows of the mighty blues for years now. Listen and learn scummers... Pompey rule the South - youre going down where u belong. Luv it !

    Banned

    been there done that.....

    leeds leeds leeds
    Post a comment
    Avatar
    @
      Text
      Top Discussions
      1. Show us your Photos 2017. September's Theme - 'Earth, Wind & Fire'31449
      2. Try buy that Minecraft Xbone Argos deal? 10% online code in your email!1316
      3. I want to talk about the WEATHER no politics no religion19047110
      4. The HUKD Student Discount code sharing thread (most codes on Unidays are si…7121344

      See more discussions