And answers on the back of a postcard to the following question.
Why rent Fratton Park at £1.2m a year for an undefined period of time and then have to purchase (Harris bid), when you purchase it through the courts for under £3m (PST bid).
Last post.
Then why do Portsmouth City Council believe £11.7m of parachute payments are coming into the club? If they are being immediately diverted to fund the football creditors parachute payments would not be bein gpaid into the clubs account. They have £3m sitting in the account now and another payment has either just happened or is imminent, thats why Chainrai is hanging on by his finger nails he wants those payments.
Honeslty no clue what CWA means.
Were due £11.7m in parachute payments where we have some money in the account and are due more of it. The PFA will get there money if the trust takoever, absolutely no doubt there.
If other parties connected to chainrai takeover the PFA will get 20%-30% of what they are due as more money is taken from the club.
Hmm dont think so.
CVA is approx £800k, compromise agreements of £8mish which parachute payments should cover. As far as my understanding on the subject, the pledges will be the main crux of the clubs working capital to start off.