My brother in law says the same thing, see also this from the Swiss Ramble

"Just as it looked like the club would have to fold, the cavalry arrived in the shape of Markus Liebherr, whose DMWSL 613 Limited acquired the share capital of the football club (and other group companies) from the administrators of Southampton Leisure Holdings Plc on 8 July 2009. Not only did the new owner save the club, but he also paid the debts in full, as opposed to many new owners who only pay a few pennies in the pound for debts owed, leaving many small business and public authorities out of pocket."

Posted By: watfordcanary on March 14th 2017 at 20:23:15

Message Thread

Our naive and narrow minded board should take a look at Southampton .. (NCFC) - Gob on a Stick, Mar 14, 16:34:58
- Wow, why has no-one else thought of that????? (NCFC) - mr carra, Mar 14, 18:31:24
  - Why didn't we do similar with our Youth Cup winning team? (NCFC) - Gob on a Stick, Mar 14, 18:48:16
- It goes to show......... (NCFC) - Highlander, Mar 14, 17:54:13
  - And investors .. (n/m) (NCFC) - Gob on a Stick, Mar 14, 17:56:43
- They have enjoyed huge slices of luck, especially their managerial appointments (n/m) (NCFC) - Adster, Mar 14, 17:12:45
  - Or good management of the club? With a clear strategy. (n/m) (NCFC) - BINMEN8R, Mar 14, 17:38:45
    - May change when Chinese move in (NCFC) - Gob on a Stick, Mar 14, 17:54:06
  - Where's the luck? They've had a DoF for a while whose responsibility is long-term (NCFC) - Higher Wrather, Mar 14, 17:18:39
  - Do you think? (NCFC) - Gob on a Stick, Mar 14, 17:16:34
    - My point is all those decisions were gambles at the time, especially Adkins getting the (NCFC) - Adster, Mar 14, 17:26:19
      - The last four have been successful .. every single one (NCFC) - Gob on a Stick, Mar 14, 17:40:47
        
        because the manager is not as important as people like to make out (NCFC) - mr carra, Mar 14, 18:21:23
        
        Nonsense ... (NCFC) - Gob on a Stick, Mar 14, 18:51:31
        
        Isn't that the role Gary Karsa had here and at Villa? Not the same as DoF (n/m) (NCFC) - watfordcanary, Mar 14, 20:41:37
      - ...that could easily have not paid off (n/m) (NCFC) - Adster, Mar 14, 17:26:50
        
        four times in succession though? (NCFC) - Tombs, Mar 14, 17:58:41
        
        I should give them the money to get me a lottery ticket (n/m) (NCFC) - Adster, Mar 14, 18:07:34
- Evil foreign owners (n/m) (NCFC) - Jim, Mar 14, 17:09:46
  - For every saints there are two Portsmouths. (n/m) (NCFC) - Pixelman, Mar 14, 18:44:43
    - THis (n/m) (NCFC) - watfordcanary, Mar 14, 20:23:28
  - yep ... ruining football (n/m) (NCFC) - Gob on a Stick, Mar 14, 17:19:35
- Via admin in 2009, aka cheating. (n/m) (NCFC) - Yellalee, Mar 14, 16:41:08
  - That's a valid point .. but I thought they made it good (NCFC) - Gob on a Stick, Mar 14, 17:04:38
  - My Saints-supporting former boss reckoned they paid the creditors in full (NCFC) - JD3, Mar 14, 16:48:15
    - My brother in law says the same thing, see also this from the Swiss Ramble (NCFC) - watfordcanary, Mar 14, 20:23:15
    - If they had enough to pay their creditors - why did they go into administration? (n/m) (NCFC) - Muzzi, Mar 14, 17:51:20
    - Fair enough (n/m) (NCFC) - Yellalee, Mar 14, 17:40:38
    - Yes they did (n/m) (NCFC) - CWC, Mar 14, 16:54:37

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