rallyboy

Is the arms dealer going to build a multi-Storrie?.... In defence of child-maiming, money-laundering crooks everywhere, if you owned land vital to another business, had cut them some slack yet they were so arrogant they wouldn't even reply to your letters to have a meeting, wouldn't you be a bit miffed? Back to this case! - AA's arrogance has made Portsmouth FC look like a bunch of dirty travellers who have set up their uninsured caravans on someone else's land and think they are above the law. If AA legs it soon and leaves a right old mess behind, the image will be complete. Fratton Park is still the only ground with a towbar.

Fifa can't be be happy with their members getting shafted by someone other than themselves - a loophole to be closed perhaps? Future business with British clubs will have to be paid upfront. If the child-maimer has taken over the car park it's going to be a while before those fivers get him his father's £30M back, it's a start though - and on matchdays the place will be buzzing, you won't be able to move, he should get at least six caravans in there accounting for the 75 people who will be in the Fratton End.

An ongoing problem here is that this has been one of those rare stories where there's little media understanding of what is occuring yet they don't bother to seek specialist advice. As a result we've been treated to Storrie's, Grant's, AA's, and various chancers' views of what will happen next, often printed as fact to fill the vacuum created by lack of balanced info. So when AA tells the paper that he's confident of something they print it without question and the dimmer fans just lap it up - hence the ridiculous inaccurate transfer and contract stories we keep seeing. There are still people in Pompey who think AA is going to re-write the way that the UK calculates VAT, have them out of admin two months ago and get them into Europe. And as the other party is HMRC who are reluctant to spin, most of football is just getting plucky little Pompey's and their bestest fans' version of life. Methinks there may be an alternative version of events still to be aired - and that the taxman must have bitten right through his lip trying to maintain a dignified silence - a silence only broken by the noise of tax officials erecting gallows in the car park.

bearing in mind there seems to be a unanimous opinion on here that AA is about to be found out bigtime, how do we think he's going to try to get away with it? He must have a plan, there must be more to him than a comb-overed simpleton who can't add up. From everything I've seen he has made mistakes and SHOULD have the cva thrown out - but I have this nagging thought that having survived the initial day in court when it was clear that any normal business would have been wound up, well I don't like to quote the regular words of a serial poster but, will he produce something to help them 'get away with it'? Was it the protective arm of the Prem that saved them before so they are now on their own, or did AA use up all his good luck in one hit? Or is he a financial genius and he's about to make Houdini look like a pub act? The taxman had better deliver this time.

AA needs to explain a lot of discrepancies in his figures. The court must be wondering if anyone has really got to the bottom of the extent of the debt yet. Thankfully the accounts that AA will file following his extensive forensic investigation will explain everything in precise detail, and we can then establish who was telling porkies. My bet would be all of them.

AA's now confusing me, I had to listen to his comments twice to make sure. I thought the image rights issue was quite simple - that Pompey paid a proportion of wages as a tax-free bonus under the guise of image rights, yet he is banging on about players claiming these amounts because a certain proportion of their income is earned abroad as they are so famous (?) and can thus be paid into offshore accounts bypassing UK taxation - he is saying that their work for Portsmouth is partly international. When did it become an international issue? Employed by a UK company to work in the UK - but with wages paid into offshore accounts tax free? And that's before you start looking at those accounts and seeing where it goes after that. Imagine the situation - 'you want £40K a week, tell you what, we'll give you £70K a week and you move £20K into this other account....' But that's another issue still to be dealt with...... I also think his figures are up the spout, a back of the envelope guess at three seasons of image rights payments at 10-15% of the wages comes out much closer to HMRC's estimate of £13M than his of £5M. He's a muddled boy, if he were my witness I wouldn't let him near a courtroom.

They may have just turned a corner! - offloading Utaka cheaply would be the first sensible thing AA has done since he arrived, perhaps he has just realised that the wagebill has to be slashed and if it means giving players away it has to be done. It's desperate - but these are desperate times, has AA just woken up? Though it's best not to gob off about how you won't be taken for a ride by buying clubs shortly before you do it - you could look an idiot. If he does embark on a mass bargain bin clearout he will get the overheads to a more sustainable level and make the accounts of the business more attractive to a buyer. Unfortunately they will be heading for relegation and his laughable CVA will have nothing to fund it. A year on there is still only one answer - big cash, now.

before we get too ****y, looks like they have some cover lined up to keep the Nugent Smith goal machine on track - Former Spain striker Raul has announced his departure from Real Madrid after 18 years and claimed he could now make a move to England. "I have had very deep discussions with Schalke but there are other teams that are also interested. My future lies in Germany or England," he said. Presumably he'll play in the hole behind Messi.

In life there are leaders and followers, some people get educated and make up their own minds, others blindly believe any old rubbish they are fed. Poisonous lunatics preying on the dim, I hope they scrubbed that pavement in Fareham after that sad gaggle of friendless nazis had set up their little table. Nutters - but dangerous nutters with a screw loose. Thankfully after the good people of Barking and Dagenham wiped them off the political map, they are like the holocaust, part of history.

could proving these misdemeanours be a problem? It looks quite simple when analysed, but is this a normal situation for an administrator or is his style of operating quite 'unique'? I would hope that he looks completely out of step with usual practice as it does seem to border on criminal/inept. I recall having concerns about Mr Fry's abilities (apologies to him, he delivered BigTime, whether by luck or whatever) but looking at AA, Fry now looks like a financial genius and Storrie has made Rupert look like a perfect gentleman who had a little hiccup and dealt with it honourably (ish).

Cotterill is the tinker man, he just can't decide which is his best line up - have they run out of squad numbers yet? And just before they claim a glorious high court victory over the taxman and lift the tranfser embargo, they have filed accounts haven't they?....That is the next requirement from the FL if you want your embargo lifted. Whoops. In technical terms they have gotten themselves into a right pickle.

nice one Hutch. I don't mind analysing the basic maths HUGE outgoings - tiny income + insolvent trading x relegation = (BIG TROUBLE x prison) but I get bored with the legal small print and leave that to the experts! Which is perhaps a lesson for AA to consider - know your limitations puppet boy, just hang on the string and dance when Chanrai slips fivers down your thong.

are they still pretending it's a tour? It's a holiday, a badly planned and ill-timed one, but it's a paid holiday for all involved. They will learn nothing from being there unless it's part of the whole image rights business, shifting Hayden Mullins shirts stateside. Soon you won't be able to go anywhere in the US without seeing a Nugent shirt.... Cotterill's time would be much better spent in the UK finding out what Chanrai's little puppet is up to behind his back. What's that Sooty? You're confident that the cva will be approved, you'll overturn the whole UK VAT system, the taxman will have to pay compensation and you can build a title-challenging squad for a new owner? I think AA can stick those ideas where Mr Corbett puts his hand.

good point that from Sid - Rocha was indeed one of the illegal signings down to the false info presented to the Prem, yet AA admits he was secured on HUGE wages? Proof that they continued to spend big money that they knew they didn't have, even though all the creditors and charities were being shafted. Insolvent trading, without a doubt - from AA's mouth. And AA is now at the poker table with James and has told the best player in their squad and England's best player in the world cup that he has 24 hours to sign or feck off - AA will then go crawling back to the released Ashdown and beg him to return. Can I play poker against AA please? For cash.

poor Steve Cotterill - took a job at a club in crisis and is now surprised to discover that he appears to be at a club in crisis. Says he's having trouble juggling the squad for games - isn't that called 'selection', one of the major tasks of a manager? He'd better get to grips with that pretty sharpish, they'll be other stuff like tactics he might be needed for as well. He can't be as funny as Grant but he's going to give us some laughs - before the inevitable departure, moaning that he was misled, and that the nasty FL and HMRC made his life misery for no reason etc. I do hope they don't break his spirit, we'd like to hear another of those Churchillian comedy routines as a farewell.

I get that principle ESB, but at the moment if clubs want to continue playing they must pay the football creditors in full. Any overturning of the FC rule would mean they have to pay everyone in equal measure - so all creditors in full. If that rule is overturned the football authorities might have to change rules and start allowing clubs to shaft each other and carry on regardless, owning players they haven't paid for, playing them against their former clubs who have been ripped off - and I can't see that happening. So a change in the football creditor rule could set the entire debt in stone. They can always pay 20p in the pound to all, they just won't be allowed to play professional football in the uk.

the really funny bit is if the taxman overturns the football creditor rule then all creditors get equal payouts. If you want the golden share you need to pay 100% to everyone so the criminal 4p a year suddenly becomes £130M in cash on the table before you can kick a ball again! HMRC winning that very winnable case would surely liquidate Pompey the same day. But AA sails on regardless spouting rubbish, pretending there isn't a herd of elephants sat in the room with him. There are 589 pages here explaining how serious their situation is but there are still many in the few who believe the hype and are looking forward to a return to the Prem. Wakey wakey!

I'm getting a bit bored with AA. First we had Storrie talking rubbish, then Grant started chipping in and it was a great comedy act. They lost it a bit when Storrie went quiet but AA really picked up the pace, he has been hilarious at times and there were few things funnier than AA and Grant doing their Pete and Dud motivational monologues. But now he seems to be out of material, it's the same tired old gags and claims, overpriced players, building a promotion team, insults to the taxman and the jokes about ignoring all the football rules, he needs a new act. Maybe Lloyd can inject some fresh laughs into this show, but AA is out of ideas - we've heard all of his one liners before. He needs to give up the comedy and start something completely different - like administrating on behalf of creditors.

that's proper tyre-kickers at work! I didn't think Nugent could become less mobile as a striker but it seems likely that he will be when they return from their holiday.

they can take the entire squad, liquidate them, convict some of tax evasion and bar others from being directors ever again.... but they will never break their spirit! One out of five isn't bad......... that's 4-1. 4-1?....Mmm, rings a bell, oh yeah, one billionaire : four crooks.

the business is terminally damaged, the fans want answers - so the players are being paid to go on an all expenses holiday in the states, AA is charging for an all expenses holiday in Greece, can we assume Storrie is being paid to be somewhere else? It's the gravy-train-crash that just keeps on giving! Why would a single fan give them money at the moment? As Blackadder once said, I would rather entrust my genitals to a madman with a pair of scissors.

Chanrai came on the scene through greed - a big loan with big interest, a chance to grab a slice of a Premier League cash cow, and he was promised the January tv money. That went pear-shaped and he was conned into further loans, all with big guarantees that haven't really happened. All his investments would be covered in the worst case scenario by the £38M squad and the parachute payments..... But the transfer income won't cover the wages, he has funded the admin but even his little puppet AA can't get the parachute money off the football creditors. Surely Chanrai must now see that there's no profit to be made in this business, and it hasn't hit rock bottom yet - more High Court action, the tax evasion cases, and that's before any irregularities pop up all over the shop. And I can see Cotterill getting them out of this division at the first attempt! As an aside, he was an idiot to take the job - see Grant's ridiculous quotes about the ignorance of any money problems... Time to cut your losses Mr Chanrai, dump AA with unpaid fees and leave him to prepare the footings for your open air leisure park incorporating social housing and a supermarket. Today could well prove to be the worst day in the 10 year history of Portsmouth FC. I see no way forward. And to sum up this historic day a guy I saw tonight had his Fratton season ticket through the post today, great timing - and he had to pay the extra postage. Really! You can't make these up.

How is AA's plan of continually flicking the Vs in the taxman's face going? He's been prodding the tiger with a stick and he's only just sussed that he's in the cage with it - it's going to be a bloodbath and it was totally avoidable. They have done everything to antagonise HMRC and other creditors, they have gambled everything at every opportunity so I do hope there is no whingeing when they lose the lot. At some point soon that 1-0 win over a bankrupt mid-table championship side might not seem worth it anymore. And as for the day at St Marys, that was a great opportunity to see an illegal side first hand and to look into the crossed-eyes of the few for the last time. Ted is properly waving now!! and let's see which simpleton posts this as hot news 12 hours after everyone else - why do people do that without reading the thread, oh well.

Yo! Get in there my son!!

I don't see how AA thinks these young overpaid hopeless cases are only be surplus to requirements now it suits. Surely they should have been first out of the door and off the wagebill when the business went into admin, or when the club so obviously breached all Prem and FA rules by trading insolvently from about October last year. If he thinks he's going to take the p-ss out of the FL by being 'clever' with the squad numbers, the goon with the frontal combover is in for a mighty big shock... Those crazy feckers at the FL will nail him to a tree, if the taxman doesn't do it first - and rightly so!