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Others Will Follow The Saints Into Oblivion


Southampton Football Club is likely to fold before the end of the season unless a buyer for the club can be found, and they are just the tip of the iceberg.

At 11:00am today, Saints supporters heard the news they were all expecting and that was the company which owns the south-coast club, Southampton Leisure Holdings plc, have gone into administration with its chairman, Rupert Lowe, resigning.

Who cares?

I am sure there are passionate businessmen who are Saints supporters, and as we speak, many will be rallying around in an attempt to raise enough funds to keep the club afloat, but as the saying goers, all good things must come to an end.

Banks are not lending money and unless one has a couple of million stashed away to pay some of the alleged 30million club debts, how on earth will they survive.

Foreign investment.

A possibility, but who would want to plough millions into a club destined for League One football next year. Let's face the facts, Southampton FC are on the verge of oblivion.

On a personal note and as a football fan, I wish them all the best.

Who's next?

How about Newcastle United. Should Alan Shearer fail in his attempt to save the Geordies from relegation then the club would more than likely have to release the whole of the first team squad just to survive. Why, well the answer is simple. Not a single player has a clause in his contract for a reduction in their salaries should the worse scenario occur - relegation. The Premier League pays a couple of years parachute payments and then that's it.

I am not trying to spread doom and gloom but just in case you didn't know, the world is in its worst financial state since 1929. The banks have little or no money to lend and when they do, they only lend to solvent companies. Many think the worst is yet to come, I just hope there are wrong and we have seen the worst.

Other clubs in financial strife.

The list is endless, with the majority of Championship and lower league clubs having to scrimp and save just to make ends meat.

I don't think it takes a genius to work out that unless something is done to stimulate footballs lower league economy the Premier League might be the only professional set-up left within the UK.

The next couple of months are going to be interesting to say the least!



The journalist

Writer: Tudor Mail feedback, articles or suggestions

Date:Thursday April 2 2009

Time: 10:59PM

Your Comments (oldest first)

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its a bloody shame that clubs are going under and there needs to be more help from the right departments of football. southampton are a good family club and i just hope someone somewhere can get in there and help them survive because imagine how we would feel if this was happening to us? good luck to them.
bluemooner_mcfc
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02/04/2009 23:22:00

its a bloody shame that clubs are going under and there needs to be more help from the right departments of football. southampton are a good family club and i just hope someone somewhere can get in there and help them survive because imagine how we would feel if this was happening to us? good luck to them.
bluemooner_mcfc
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02/04/2009 23:22:00

There but for the grace of god. Remember last summer when Frank was skint, in exile and we were going down the pan? ADUG saved our bacon big time, let's hope a large club like Southampton can find a sugar daddy to save them.
fifthcolumnblue
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03/04/2009 00:05:00

There but for the grace of god. Remember last summer when Frank was skint, in exile and we were going down the pan? ADUG saved our bacon big time, let's hope a large club like Southampton can find a sugar daddy to save them.
fifthcolumnblue
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03/04/2009 00:05:00

Wasn't it only about four or five years ago that saints were in the PL? I can remember going to the Dell, that was in the days when we had grounds not stadiums.
kennyclementstache
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03/04/2009 00:11:00

Wasn't it only about four or five years ago that saints were in the PL? I can remember going to the Dell, that was in the days when we had grounds not stadiums.
kennyclementstache
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03/04/2009 00:11:00

very good article & i thank you for taking the time to make supporters aware of this dire situation which has been caused throughout football .With regards to clubs getting help its simple dont pay stupid transfer fees & stop paying ott wages to footballers!
dannybhoy46
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03/04/2009 01:24:00

very good article & i thank you for taking the time to make supporters aware of this dire situation which has been caused throughout football .With regards to clubs getting help its simple dont pay stupid transfer fees & stop paying ott wages to footballers!
dannybhoy46
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03/04/2009 01:24:00

Maybe the PL should have a small tax on players that goes into an emergency fund to help struggling but viable clubs thru the hard times.
Doody
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03/04/2009 02:35:00

Maybe the PL should have a small tax on players that goes into an emergency fund to help struggling but viable clubs thru the hard times.
Doody
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03/04/2009 02:35:00

I don't think docking points help a club, Luton were docked a ridiculous figure, it really has been a struggle down there and I just dont see why the FA just didnt relegate them. If clubs are to survive then the daft wages and have to go, The fans can only pay so much to go to a game.
Buzz Lightyear
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03/04/2009 04:15:00

I don't think docking points help a club, Luton were docked a ridiculous figure, it really has been a struggle down there and I just dont see why the FA just didnt relegate them. If clubs are to survive then the daft wages and have to go, The fans can only pay so much to go to a game.
Buzz Lightyear
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03/04/2009 04:15:00

Players agents should be taxed, we talk about millions as though it was funny money.
Buzz Lightyear
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03/04/2009 04:19:00

Players agents should be taxed, we talk about millions as though it was funny money.
Buzz Lightyear
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03/04/2009 04:19:00

our near neighbours Stockport are very near to administration and that would be sad indeed,as the chant at Yoonitid is FO back to stockport. I do hope they survive.
Buzz Lightyear
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03/04/2009 06:03:00

our near neighbours Stockport are very near to administration and that would be sad indeed,as the chant at Yoonitid is FO back to stockport. I do hope they survive.
Buzz Lightyear
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03/04/2009 06:03:00

Tragic, when all is said and done. Had some belting times at Southampton, particulalrly at the Dell. The Steffan Karl goal with Alan Ball in charge, for one. We went crazy that day!
Johnny Baguette
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03/04/2009 06:56:00

Tragic, when all is said and done. Had some belting times at Southampton, particulalrly at the Dell. The Steffan Karl goal with Alan Ball in charge, for one. We went crazy that day!
Johnny Baguette
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03/04/2009 06:56:00

They are the bottom of the league anyway, I wonder if they will start next season with a -points which would ineviatbly mean that they would lose players and perhaps a futher drop from the upper regions of the league.
Buzz Lightyear
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03/04/2009 07:18:00

They are the bottom of the league anyway, I wonder if they will start next season with a -points which would ineviatbly mean that they would lose players and perhaps a futher drop from the upper regions of the league.
Buzz Lightyear
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03/04/2009 07:18:00

As I dire hard Pompey fan there is mixed emotions. No loved lost between us, obviously but our own financial perils mean we could be soon following them! Along with many others!!!
storagematt
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03/04/2009 09:18:00

As I dire hard Pompey fan there is mixed emotions. No loved lost between us, obviously but our own financial perils mean we could be soon following them! Along with many others!!!
storagematt
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03/04/2009 09:18:00

storagematt.....lets hope that never happens to you mate as you have a fantastic fan base and i love going to fratton park mate. its a worrying state of affairs especially in the lower leagues and needs sorting. @buzz....ive been saying that for ages about a fund should be setup and filtered down the leagues mate...2 great minds think alike matey.
bluemooner_mcfc
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03/04/2009 14:30:00

storagematt.....lets hope that never happens to you mate as you have a fantastic fan base and i love going to fratton park mate. its a worrying state of affairs especially in the lower leagues and needs sorting. @buzz....ive been saying that for ages about a fund should be setup and filtered down the leagues mate...2 great minds think alike matey.
bluemooner_mcfc
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03/04/2009 14:30:00

Stefan Karl.................where are you in our hour of need?
kennyclementstache
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03/04/2009 18:34:00

Stefan Karl.................where are you in our hour of need?
kennyclementstache
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03/04/2009 18:34:00

 

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