Southampton Leisure Holdings

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A "Travel and Leisure" company with no products, and a single subsidiary: Southampton Football Club.
No loophole there, then.

They'll still get the points penalty though, because it's not a point of law. The Football League have their own rules, and can do whatever they feel like (as we have seen many times in the past). They may even decide to punish them further.

Posted By: yarmyyarmy on April 1st 2009 at 08:59:37

Message Thread

Southampton Leisure Holdings (Other Football) - yarmyyarmy, Apr 1, 08:59:37
- they're not a travel/leisure co (Other Football) - Tony Martin, Apr 1, 09:44:24
- THey will pelanise right up the arse. (Other Football) - megson, Apr 1, 09:13:00
- Surely what they have done is... (Other Football) - Arganth, Apr 1, 09:08:38
  - we don't know if the debts that are causing the problems are football debts (Other Football) - mr carra, Apr 1, 09:14:18
    - The company was created for the express purpose of running the club (Other Football) - yarmyyarmy, Apr 1, 09:24:56
    - yep! (n/m) (Other Football) - Cheltenham_Canary, Apr 1, 09:15:09
      - why are you so keen son soton not being pelanised, CC? (Other Football) - Tricky Hawes, Apr 1, 09:15:38
        
        I think we'd all prefer them to be penalised (Other Football) - mr carra, Apr 1, 09:19:07
        
        Of course they've done something wrong! (Other Football) - yarmyyarmy, Apr 1, 09:26:40
        
        i cant see it either...... (Other Football) - Cheltenham_Canary, Apr 1, 09:20:55
        
        Sorry thats b**locks - most of the debt relates to the new stadium (n/m) (Other Football) - Jim, Apr 1, 09:44:48
        
        as i said below...... (Other Football) - Cheltenham_Canary, Apr 1, 09:48:34
        
        For heaven's sake, Chelts, the company didn't exist! It was created to run the football (Other Football) - yarmyyarmy, Apr 1, 09:30:53
        
        if thats the case then fair enough...... (Other Football) - Cheltenham_Canary, Apr 1, 09:32:33
        
        nope.......... (Other Football) - Cheltenham_Canary, Apr 1, 09:17:41
- Actually, I'm a bit wrong about the single subsidiary (Other Football) - yarmyyarmy, Apr 1, 09:06:04
- "They may even decide to punish them further" (Other Football) - KentonCanary, Apr 1, 09:04:25
- haha. "Summary: Operation of a professional football club" (Other Football) - Tricky Hawes, Apr 1, 09:04:14
  - pelanise, by the way. Pelanise. (n/m) (Other Football) - Tricky Hawes, Apr 1, 09:05:39
- They might roll up the company's Articles of Association and shove them up Rupert Lowe's b (Other Football) - Arizona Bay, Apr 1, 09:02:15

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