Le Tissier: As a fan I'm equally frustrated
Southampton legend Matthew Le Tissier reveals his frustration that the Pinnacle group bid broke down which was ready to takeover the club.
The Football League denied the Pinnacle group, fronted by Le Tissier the opportunity to appeal the 10 point deduction, and the Dell legend told Sky Sports that he advised the group to accept the point deduction and continue the deal.
'We had actually spoken to the backers and talked them into accepting the 10 point deduction and getting on with things, but there were other issues that came up and issues that we were only aware of after we had signed the exclusivity agreement.
'From that point of view the backers have taken a stance that they are not willing under the terms on offer to put the money in.'
The 40-year-old then said this was the end of his involvement with the Pinnacle group.
'As a fan I am equally frustrated, but I certainly don't think the way forward is to throw abuse at anybody. I think there has been some incidents where people, who are clearly frustrated and upset, have taken it out on the wrong people if you ask.
'Those people need to take stock of things, think about the bigger picture and hopefully Mark Fry can find somebody who is willing to come forward and save our club.'
Le Tissier continued to say that it wasn't just the 10 point penalty which put off the Pinnacle group, and that it was other factors which affected the deal.
'The 10 point penalty wasn't the sticking point, there were other issues. We had accepted that we would have to start next season with minus 10, that didn't become the issue in the end, but certainly other groups will have to deal with the Football League and hopefully they will have better luck than we did.'
Win FREE pizza with Vital Football!
Select your team and get 50% off if they score twice.