Wednesday, January 28, 2009
Tuesday, January 27, 2009
The gentlemen pictured above are, left to right, Rupert Lowe (6% shareholding,) Michael Wilde (16%) and Leon Crouch (10%.) They are the major shareholders in the holding company, Southampton Leidure Holdings PLC and their shares dwarf the 1,000 which I bought years ago - not as a financial investment but as an emotional one. I have not been disappointed with my investment - the value of the shares has plummetted to about 20p each (I bought mine for 39p and at one time they were as high as 68p) and I have certainly had my emotional money`s worth having sufferred the range of emotions from the FA Cup Final to, now, almost certain relegation to the third tier of English football. A roller coaster ride indeed.
Of the three shown above, Lowe is also Chairman and Chief Executive and is so devoted to his twin responsibilities that he has failed to appear recently and will be on holiday in Scotland, doubtless duck-shooting, when the Saints `entertain` Swansea at home this coming Saturday. Pity he won`t be there, as a mass demonstration is planned by fed up fans who are demanding positive action to rescue the situation before the bank pulls the plug. Michael Wilde, the largest shareholder, has simply gone missing. He left 15 minutes before the end of the last home game, when we lost to the mighty Doncaster Rovers....and hasn`t been seeen since.
Which leaves Leon Crouch - former Chairman ousted by Lowe last year after just a few months in the chair, during which time he had the foresight to appoint Nigel Pearson as Manager. Lowe`s first job back in the chair was to sack Pearson. Guess what - Leicester City with Pearson in charge are 12 points clear in the automatic promotion slot and will pass Saints on the stairs as we go down - if we last that long.
I`ve got some time for Crouch. He`s a real fan who puts his money where his mouth is - he paid for the Ted Bates statue out of his own pocket and he paid the wages of players like Andrew Davies who were instrumental in keeping us up last year. And now, Crouch has made the other two an offer they can`t refuse - "I`ll put £2million of my money into the club if you two will do the same, which will write off the overdraft and keep us from going bust." Lowe and Wilde have not taken up the offer, I suspect because, unlike Crouch, they are more concerned with their money than they are the club. Which is a pity because before too long, there won`t be a club to worry about. And we all lose.
Sunday, January 25, 2009
Thursday, January 22, 2009
SHREDS OF EVIDENCE...
The news that the Statutory Instrument which would have exempted Members of Parliament from the requirement for them to have published, details of their expenses claimed over the past four years, has been withdrawn, is to be welcomed and applauded. I was gearing myself up for a rant today about the fact that MPs had voted to exempt themselves but, in a dramatic climb-down yesterday lunchtime, the measure to have been introduced to Parliament, was buried.
At last it seems that not only has common sense prevailed but also that our MPs have decided that, after all, even they should not go against the rulings of the High Court and that they should stop spending taxpayers` money on trying to prevent those same taxpayers from finding out what their money has been spent on.
Now, at the risk of allowing my innate cynicism to come to the fore, I suspect there may be a small number of MPs who are now nervous about having to reveal details of their expenses . So I imagine it is just possible that there might be an outbreak of small fires in certain offices or, more probably, a run on shredders in the stationery shops around Westminster. I suggest those MPs who may be concerned, get together and hire the kind of heavy duty, high capacity mobile shredder pictured above. It will save a lot of time, add to the recycling targets and improve their carbon footprints. Just as long as they don`t charge the hiring fee to the taxpayers - we`ll need to see the receipt, of course. And so the madness goes on.
Tuesday, January 20, 2009
Sunday, January 18, 2009
Friday, January 16, 2009
Each group takes ownership for their strand of diversity, makes sure that actions from the delivery plan are carried out and undertakes wider community related responsiblities.
Tuesday, January 13, 2009
Sunday, January 11, 2009
Nice one, Rafa
And just in case you thought that we had said goodbye to the land of make believe, I see today that the Football Association is going to `review in its full context` what Rafa said.....just to see if they can bring a charge against him for bringing the game into disrepute? They`ll be aiming at the wrong target if they do, for all Rafa has done is provide a measured account of events that the FA themselves should have dealt with long ago. The FA`s own cultural integrity is about to be tested again. What`s the betting they`ll be found wanting - again?
Friday, January 09, 2009