As I have posted before, Saints paid all their debts

Quote 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."

The complaint against them if there is one is that they are being subsidised by very rich owners and contributing to the player price inflation. I have some sympathy for the views expressed on the board on administration but Southampton are not a typical example.

Posted By: watfordcanary, Sep 1, 07:17:27