rallyboy

cometh the hour, cometh the taxman. AA must be wriggling on the hook tonight, and he'll never get the rest of those wiggly worms back in the can. It will take a very good administrator or a dim taxman and another lenient court to get them out of this hole. What a mess.

The taxman looks set to appeal against Pompey's Company Voluntary Agreement (CVA). The News understands Her Majesty's Revenue and Customs will lodge an appeal with the High Court on Thursday against the club's deal to offer creditors 20p in the pound. Let's all have a disco etc......

on a general note, I've been down there today and there's no doubt, it's a city for 'local people'.... I walked up North End and it was like a freak show convention was in town, odd eyes and extra thumbs all over the place. Presumably those of the few that post on here have the ability to operate keyboards so they may be the sharper tools in that box (!) but even they must admit that there are some very odd folk down that way. Fresh blood needed asap, the gene pool is too shallow, it's all going a bit Deliverance..... I finally understand why some media refer to their fans as 'special'.

as AA has made it quite clear that the americans are meeting the full cost of this tour and will want to recoup their outlay, I think they will be worried if a team of no hopers appears. That won't fill seats, in fact it will be like a home game for them! Or maybe I don't believe AA's claim about the cost of the US jolly not coming out of Pompey coffers, I would wager it's just another insult to creditors. No doubt Storrie and AA will be topping up their tans in the states, unless they need to fly to Rome or Monaco for more urgent talks...the gravy train is still a rumbling on.

so as I said then, they would need to sell Torres, and they are only looking at paying that for a player much better than Boateng - on top of that, that article is rumour-based on what Hodgson 'might do' presumably lifted from some of his tv punditry - 'what do you think of him Roy?' - 'Great player'....rumour launched. There has been no bid for anyone, Liverpool are skint. So I stand by exactly what I said, Liverpool have no budget, they need to sell first. And any Torres deal might involve him being able to walk at the medical.

Liverpool have no budget. They would have to sell Gerrard and Torres before starting to offer money like that for a world class player, let alone an overpaid thug who can't walk up the street without vandalising parked cars. That article has the correct date on it but the factual content falls away dramatically after that. Can we assume that Pompey have priced him at £4M then realised they owe £3M and expect someone else to settle their problem? Surely they have more chance of playing in the Europa League this year than getting £7M for Boateng, even Man City would consider that laughable.

so the money they've taken for Diop will now be needed to pay Belhadj for the time he's on holiday until he decides where he fancies. AA must be finding this whole running a football business malarky a bit complex, his maths is certainly suffering, it must be time for a rallying call, a big press release about 'Havant and Waterlooville couldn't break our spirit in a friendly' - or anything to distract from the fact that the ship is clearly holed beneath the waterline. This is now the least successful firesale in history and Storrie's legacy makes Peter Ridsdale look like a cautious businessman with excellent financial judgement - and some fish.

just to take an updated look at the detail of the AA plan to make the business viable - Roughly he needs to reduce the wagebill from £40M to £13M - a saving of more than half a million, a week! If he is serious that means he needs to offload everyone we have heard of. To put it into context, if he offloads Belhadj (£3.5M less fees, add ons), then Boateng and James, he will still only raise approx 20% of his wages reduction target and 35% of his transfer target, the whole first team has to go. There's no way either of his targets are possible, so there's no way he can honour the CVA - any creditor who voted for this deal because they thought it would work is an idiot. I'm guessing he's likely to fall £6M short on transfers and £1M a month short on the wages, meaning the CVA (if passed) will fail without delay and unless Chanrai wants to stump up approx £25M (leaving him owed approx £50M) to buy and run this great business model and get them to Christmas, we are back to square one.

some might observe that Chanrai has never properly owned the company. He only took control as an unpaid debt-collector but has clearly maintained ultimate control throughout the entire administration process. Maybe he missed a few episodes of his Open University course on company law.

So they've pulled back the curtain and AA was just a puppet being operated all along, polite applause..... How much does Chanrai want to risk before he gives up on any return? It owes him maybe £30M in loans with interest payments PLUS the cost of running the club through admin. He'd have to find another £15M immediately? £45M for a business in that state with pending 'issues', and with the initial parachute payments destined elsewhere?? Even Noel Edmonds couldn't get you to deal for that. It's a long wait for a return, and during that time you wouldn't want to put anything in, it would just be a case of keeping it trading on life support until the final tv money appears. No, the figures still don't add up.

yes, and Portsmouth gave their ground to a charity shop who showed it to Cash in the Attic. They didn't want it. Storrie sold it at a car boot sale for £12.

congratulations to the thread, it's grown and become a beast to control - it's quiet at the moment but you just know that if you wave a stick at it and let it off the lead it will be off again all over the show. Takeover? What a crazy idea, should have been locked on day one. I think the taxman needs to give it a special birthday present....

Jimmy was last sighted driving around Hedge End with two Gary Glitter tribute artists (possibly Jedward) in a BMW concept-derivative proto-type.

8,000 season tickets for a business that might not see Christmas is quite impressive. But for a club on the up and about to exit administration it is less so - it depends on how realistic the punters want to be and I certainly wouldn't believe any talk of 'ringfencing' season ticket money - Chanrai has had it away already. With their reduced prices that must mean we have comfortably overtaken them with regard to matchday income. It's clear that Saints are much better supported but their Prem pricing meant that all of the former owners had a nice slush fund on the go every summer. That cash is greatly reduced so in tandem with the least successful firesale in history I'm not sure how they will be able to honour this cva should it escape the attentions of the taxman. The noose is tightening and the expenditure continues every day.

as far as squad strength and fundraising goes that's a double disaster. Suggestion was that he could have been a great player for them at that level and was highly valued, presumably Wigan's alleged £500K interest was a feeble attempt to start a bidding war? Does this expose the fact that Pompey have no power to make offers or to retain anyone? Hamburg have just driven a bus through AA's ****y claims about a promotion push, the dismantling will continue. roll up, it's bargain time, everyone must go, and if the taxman reappears the future will look very bleak indeed.

I thought he was an excuse for a manager.

funny how the younger talented players on low wages are easy to offload but the disinterested overpaid ones just take root and eventually have to be chased off the premises with a shltty stick. (see the case of Walcott/Bale v Rasiak/Saga) They're going to have a team containing so much deadwood you could stick a sail on it and relocate it in the historic dockyard.

so pompey could lose their most promising prospect through trying to rip him off? AA needs to stand up with his hand of twos and threes and tell the rest of the poker club that they can't just take HIS players and that he will refuse derisory offers...he has excellent cashflow and doesn't need to sell, there will be no firesale, in fact he is looking to recruit rather than sell, they are building a premiership club to last a thousand generations etc.... Unless his puppet master wants half a million quid spending money. And as Avram says, 'you can't break their spirit but you can take their coaching staff'.

will they start bringing in new players from as early as monday now Maradona is free of international duties? The CVA is all sorted and AA had an email from some Ukranian, so now that the final managerial piece of the jigsaw is in place i guess we can close the thread.

he went back to Germany to vandalise parked cars, look for midfielders to cripple and gather some more cheap-looking tattooes - and he ticked all boxes!

Never let your ignorance of the facts prevent you from having a strong opinion on any subject - and imposing it on anyone who is dim enough to listen. I see no facts, no story - until the names are dropped I will remain bubbling under in a pre-outraged state, just in case - ready to launch at short notice.

I think you'll find that was Dindane who they were contracted to buy as a development of the loan deal (twice according to Storrie's version of events) but refused/didn't. A bit like borrowing someone's car to go to the station and returning it a year later. I'm sure AA tried to sell O'Hara to Spurs. And they will have paid up, with all the little benefits that accompany such a deal!

Lazio should agree to £8M but only give them £1.6M - and not until 2015. It shouldn't be a problem as 20p in the pound is a rate that AA regards as fair.

Pompey are close to agreeing the £8m double sale of Nadir Belhadj and Prince Boateng to Lazio. 1. I don't see them getting that amount. 2. What little 'specials' did Storrie write into the original deals? 3. After all parties have had their cuts will they clear £4M? 4. Two prize assets sold for just one month's wages? 5. Will AA manage to shuffle any proceeds straight across to his puppet master? 6. Are Lazio interested in Pulis?...

they all need to be castrated, that would calm them down and help them concentrate on football, it should be part of the signing on process for players above maybe League One status. That would give the playoffs a bit more edge. And they could stand more relaxed when defending free kicks around the edge of the box. Maybe their clubs could recoup some of the wages by selling their frozen sperm through the shop as image rights?