Southampton in Trouble ?

[Whitebootman]

Just saw this on the BBC.

Southampton plc chairman Rupert Lowe has said the holding company's priority is to keep the football club alive.

The club face the prospect of going into administration and being docked points after trading in shares in their parent company was suspended.

Lowe told BBC Radio Solent: "It's now about keeping Southampton Football Club alive.

I do hope it's not true. It would be very sad if it is.

 

[Reidy's Bottle Of Grecian]

said on talksport that it's not the company that owns the club but a parent company, which avoids points being docked.

 

[bluebloodinmyveins]

Its always sad when this happens to some clubs. Obviously i would like in my lifetime to see it happen to the red shi*e, but thats unlikely

 

[Neiler]

Sad and that ladies and gentlemaen is how close we sailed to the wind on occasion!

 

[TX Bill]

Its always sad when this happens to some clubs. Obviously i would like in my lifetime to see it happen to the red shi*e, but thats unlikely

After what we've seen in the financial markets since October of '08, I'd say that nothing is unlikely.

Anything can happen...and preferably to the owners of the lot across the park.

 

[daza_1973]

Its always sad when this happens to some clubs. Obviously i would like in my lifetime to see it happen to the red shi*e, but thats unlikely

If this happened they would probably get uefa to re-write the rules (al la' 2005) and force the Norwegian government to nationalize them