Channon's Sideburns

Message to GM... Solent are having a live phone in tomorrow evening - with Andy Awful and Steve Claridge. What a wonderful forum for your information... :-D

Sorry, I have it on good authority that he's returning this book.... :-D

Interesting news that Portsmouth Library have an amnesty at the moment... Which is good. Storrieteller can now take back 'How to Run a Business for Dummies' :-D http://www.portsmouth.co.uk/newshome/Amnesty-offered-at-libraries.6071673.jp

Interesting thing in that webchat... Guess who Gaydamak used when in early stages of ownership to deal with his PR? Phil Hall.

http://twitpic.com/us33b The weathergirls and Ron.

http://www.dailymail.co.uk/sport/football/article-1253534/Dusko-Tosic-exit-Portsmouth-Premier-League-withhold-Serbians-registration.html So, they shouldn't have had him as a Sub against us should they??

http://www.timesonline.co.uk/tol/sport/football/article7040139.ece

http://www.guardian.co.uk/football/2010/feb/24/portsmouth-player-wages-administration

Reham? Stunning.. If you check out Twitpic - go on SolentSport - there's a pic of all three weathergirls with Jimmy..the geezer who does the non-league show. He looks like Ron Weasley...

Saw Roger at Moors Valley once. I bet Sally Taylor gives them all hell. She looks the sort.

Still worth it though... :-D

Any one else thinking that they're embarking on a huge cover-up exercise behind the scenes? What are the odds on Jacob and Storrie forming new club's board?

Interesting piece on the Angola/Gaydamak story. Page 18 onwards really. http://www.iansa.org/regions/safrica/documents/oil_angola_en.pdf

According to the honest establishment of PFC, 'they' have appointed UHY Hacker Young - not the courts.

From 2007.. FROM SOCCER TO PIZZA The French-Russian businessman Alexandre Gaydamak, an owner of Britain’s Portsmouth soccer club, is buying a 52 percent stake in Global Brands for $5.6 million. Global Brands owns the Domino Pizza franchises in Switzerland, Luxembourg and Liechtenstein. When Mr. Gaydamak bought into the soccer team in January 2006, some British journalists raised questions about how he was able to afford the nearly $26 million for the investment. Mr. Gaydamak, 31, said he made his money in banking and real estate, after skipping college and beginning his business career in France at the age of 18. He has been a director of several companies that are now defunct, including Europitex, a marketing consultancy, as well as Monarch Fiduciary, Mondiale Property and Turnkey Management. He has said publicly that the soccer team was purchased with his own money, not that of his father, Arcadi Gaydamak, a Russian-born billionaire who lives in Israel and owns a soccer club of his own, Beitar Jerusalem. ELIZABETH OLSON http://www.nytimes.com/2007/12/30/business/30suits.html

An interesting article...go to work people. http://www.telegraph.co.uk/finance/2929458/Pompey-backers-firm-left-debt-trail.html

http://crabfootball.com/news-article/pompey-probed-by-trading-standards-over-internet-sales/ :-D

FIFA and UEFA have now called for action against clubs stretching their means...just mentioned on Solent. 'A Wake Up call for World Football'.... Ooo-er. BTW I think the 'getting away with it' argument (to which I partly subscribe) is based on the fact that.... If justice was served, as they cannot find a buyer, they would be declared insolvent and liquidated on Monday. Let's forget the wide reaching ramifications of this to everyday folk who have supplied the club and look at the issue only. Pompey have lied, cheated their way to administration. They are STILL AT IT.

I see you used the word 'paid' Nick.....Portsmouth FC in payment on time shocker...

Well if they want to go 'pre-packed' then you can work out your own theory why Mr Chinnery wants to appoint an administrator of his choosing. Also, you can then see Barclays' point of view. IMO those in charge now want first dibs on a pre-pack which would ensure the little scam/enterprise *delete as appropriate - continues. Rather conveniently the books would also not come to light under a new ownership with no links to the old. Hence my theory on Sacha Gaydamak 'coming to the rescue' - buy the club for a pittance, 'write off' his debts from the club and back on the bus we go. What better way than to appoint your own administrator...would be wonderful if Barclays have read the script but request a re-write. Could muck their plans up somewhat. Here's hoping.

It is also an indirect confirmation that the club remains insolvent, as there is not sufficient income to cover the outgoings of admin....not to mention it was probably the only way to get an administrator to take it on.

http://soccernet.espn.go.com/news/story?id=737389&sec=england&cc=5739 From earlier this month. So, if Chainrai's £17M in October staved off Administration then...where did that money get used? They were still struggling to pay wages even after that...so it didn't go on that. Also...it indicates that perhaps they were trading insolvently then...

Wouldn't it be funny if they went into Admin, then suddenly Gaydamak buys the club?

Also, if you refer back to the Mail article, the dates of the charges are relevant... On most parcels of land, the charges are dated Sept 09 - so Gaydamak paid it all back between then and now???? Can't see it. My view is that he mortgaged the land where possible, and put that money into the club to pay wages *(or for his own reasons)* - why else would the club owe him?? It doesn't add up.

The relevance is that Gaydamak owns the land around it, and as we know is a large creditor of the business. HE has an interest in what happens to the club in admin. Has anyone seen evidence that he owes Barclays nothing then? From that piece in the Mail (16th Jan) every bit of land had a charge against it. The lenders would also ensure that the legal charge was removed upon repayment. Not only Barclays, but Coutts as well...