Saints administrator Mark Fry has issued a ‘grave’ warning that he might have to start winding up the club if he can’t sell it by next Friday. Fry told the Southern Daily Echo, ‘The end of next week is a key tipping point in this. It’s the gravest its been in the period of administration. There was a very short timeframe from the point we got involved. We stretched that as far as we can possibly stretch it and a deal really needs to be completed.’
Saints administrator Mark Fry has issued a ‘grave’ warning that he might have to start winding up the club if he can’t sell it by next Friday. Fry told the Southern Daily Echo, ‘The end of next week is a key tipping point in this. It’s the gravest its been in the period of administration. There was a very short timeframe from the point we got involved. We stretched that as far as we can possibly stretch it and a deal really needs to be completed.’
The man who is supposedly the financial backer behind the Pinnacle Consortium that is trying to take over Southampton is emerging as something of a mystery figure. 32-year old lettings agent Michael Fialka lives with his parents in London. According to neighbours, his father was a cab driver and his mother, Sandra, owned a lingerie store called Pretty Things in nearby Cockfosters.