
rallyboy
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Everything posted by rallyboy
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More borrowing? Overheads creeping up, income reducing, what could possibly go wrong?! They need a VERY dim billionaire or a miracle. With missed wages etc the results on the pitch should be the least of their worries yet supporters are celebrating another loan to add to the pile - wakey wakey blue few, increased borrowing on a business incapable of servicing the current level is not a good thing. Clippity-clop, clippity-clop - that'll be the four horsemen of the apocalypse riding up the M275.
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''it's just a matter of people not who they appear to be''.... if that is a Pompey concern you should be a bit less concerned about your forum and have a look in your boardroom mate! The future is very red and white.
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If they scrape through until the summer there is a slim chance of staying up and a very very good chance of being in such a mess that they will fall through the whole league. Keep going I say! Storrie looking after the money, Redknapp asset-stripping, Hart leading the team - what could go wrong?.... Our situation was bad enough with two main creditors, but we didn't have about four different owners and a very complicated land deal, an administrator will need to satisfy or account for the arms dealer, the two fake sheiks, the banks, the taxman, the three loans for the wages, outstanding transfers, further loans currently being sought - all of which will be secured against anything of value, and with the players able to walk when they are unpaid as well, CB is correct, there will be nothing of value to sell. So if it continues without a proper owner investing, not loaning, any new owner might end up bidding for just the name, and the league registration. If the next wages are a problem, it might be the end of the road.
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How could an administrator possibly sell that 'business' at the moment? Anything worthwhile seems to be secured against loans, there seems to be no sign of income to cover the most basic costs, simply there just isn't value in the business other than an ability to generate Sky money - but future tv and even parachute payments are already spoken for to a variety of loan shark consortiums. They will look at our sale and say they are worth more, and on league tables it looks that way, but I honestly could not see them finding a buyer if it came to it, there is nothing left to buy. The ship is sinking rapidly and Storrie is using his thumb to block a hole the size of Belgium.
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the only administrator who should be quoted on a Pompey thread is Mr Fry or one of his less talented/lucky colleagues. Can we get back on track and ridicule our rivals in their hour of need?? They would expect us to repay the interest they showed in our little summer 'setback', it would be impolite if we didn't. So with that in mind - No amount of lucky heather and pegs will keep their creditors happy now, and they can't secure any more loans against the club horse brass. As Fratton Park is the only Premiership ground that has a jockey wheel and indicators could they tow it to Jordans and weigh it in, that might pay the win bonuses due.
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the last thing they need right now is another short term loan secured against the same bits of shed that the previous ones are secured against. But where is all the money going? It's pouring through the club at a rate that makes Rupert look like Businessman of the Year, perhaps the great hero Storrie may like to explain. It must nearly be time to call a halt to this sorry debacle, there's a limit to how many sinister foreign consortium members you can have owed money in one director's box. And most significantly, they still haven't cleared the taxman yet, he will wind them up tomorrow if it suits him. What a farce, possibly worse than Leeds now, at least they were honest enough to collapse.
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I shall be down there tomorrow for the Great South Run, I hope their triumphant open-top bus homecoming from the point at Hull doesn't get in the way of the runners. Like Hank Marvin, we've been in the shadows too long but the ship is sinking, the future is red and white. Storrie and Redknapp traded the whole club for a 1-0 win over Cardiff City, and it's nearly time to pay up. I hope they still think it was worth it.
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And more likely to be visited by world class players within the next year.
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Rome? More like Soweto.
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What could be funnier than a potless fantasist buying Pompey? Two of them doing it!! He must be quite important if he had to go to three banks to borrow £5M, at what must be hefty repayment rates. The debt is climbing, Storrie is going to court, the laughs keep coming. It can't get any funnier.... (I said that yesterday, but it has!)
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please don't kid yourself that a vote for the BNP is a vote for Englishness and our proud heritage, the rest of us can comfortably enjoy that still without firebombing shops or denying the holocaust. Church fetes, cricket on the green, jumpers as goalposts, bowler hats and bicycles, it's all here still despite Griffin's poisonous rants and scaremongering by the papers. A vote for the BNP is a vote in favour of racism, it's all about colour. And if you're on here as a BNP supporter perhaps you might like to give a view on all the players that have proudly worn the red and white but don't have the blue eyes and fair hair of the master race. Do we only win if white players score these days?? That was the traditional NF way of supporting teams and it's a serious point, you can't support a team with black players and vote BNP, they are conflicting views. I would like to think some BNP sympathisers are open to checking a bit of history and looking beyond the laughable tabloid fairytales to find out more about Griffin and his bunch of loons, do that and don't waste your vote, you can't cherry-pick his agenda and just support the BNP on jobs or the health service, if you're voting BNP you are supporting all of his madness. Our fathers and grandfathers fought against the last bunch with the BNP's agenda, I'm with them on this one.
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I like Storrie's rock solid defence for failing to declare tax on a deal (or the deal itself) during a calendar year - he was away for a week of it. Guilty, next case. I am sure Redknapp, Storrie and Mandaric didn't have their grubby fat fingers in the till, like muddy pigs snorting around a trough of cash, oink, oink, that scenario obviously hasn't occured and anyone who thinks it has would require proof. Pancake is right, we need to campaign to keep Fahim and Storrie involved, and Hart as manager, maybe we should try and get Redknapp back to look after all transfers as well, when he comes out of the scrubs. The train crash continues, and if anything, seems to be gathering pace!...choo choo, mind the doors, and the offshore accounts. I see a points deduction for financial irregularities on the horizon, or is that too much to hope for?
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I can't see how their debt can still be £70M??! Unless of course we discover that Fahim has trousered the Sky money and 'forgotten' to pay off the banks - that would be hilarious! Surely they've cleared £30M since the summer and should have done the tax bill by now. With the reduced wage bill of a Conference quality squad even hero Storrie's huge salary can't have pushed them back to the brink. If the £70M debt were true they could shut shop this afternoon and forget being a football club cos that ain't ever going to get paid. Maybe it's those nasty papers who've got it in for them, remember how they claimed there was going to be a firesale, then they wrote that Fahim was a loon, that Defoe and Crouch would go, then they said that the club was on the brink of admin and that Hart's job was hanging by a thread, nasty tabloid lies. Funny how we haven't seen much libel action launched yet. Anyway, trying to make sense of the soap opera latest, the man who could be holding the cards now is Gaydamak whose old man wouldn't let him sell to Faraj. Arms Dealer senior now holds a hand of aces over the new owner should he want access to the land for redevelopment, not only can he not buy it direct, Faraj will have to be nice to Fahim just to gain access to it. If I was the gun runner I would just sit on the land and wait until the whole lot comes crashing down which it must without ground redevelopment or HUGE investment. Plenty more laughs in this one, I've never seen a comedy with so many side-splitting encores, everytime the curtain closes and you get up to leave they come out and do more. This is a golden era, it can't go on much longer...
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Yeah let's start a glamorous grudge vendetta against the mighty Yeovil firm that leaves all travelling Saints in danger when they go there, perhaps someone here would like to launch a cowardly gang assault on outnumbered Leeds and Millwall fans and then lead the travelling support to those grounds? Orderly queue please, gobby extremists who are slow-of-thought and frightened of talking to ladies, first.... We have a great new owner, a fantastic structure building, the team is gelling, the results are coming, lets not repay the faith of our new owners by behaving like a bunch of inbred ****s - that Hampshire vacancy has already been filled.
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did cross my mind, I'd like to think he's put so much into the last few months that it's going too well to walk away from. Also a team that is right up there with a good chance of promotion will be besieged by everyone including Tony Adams, Roy Keane, Rafa Benitez and Paul Hart (next week for the last three)
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I saw them play Crewe in early 09 from roughly the spot that pic is taken. The away support that day was about 150, dotted around the remains of the middle of that crumbling stand. Orient have a smart looking training facility across the road and the main stand that was rebuilt is good, the rest of the ground is pretty average, I don't recall any great noise, and by taking that number, we will own the ground!
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where are all the cyclists, Schumacher, diving strikers, McLaren, dozens more athletes, and the footballers who actually threw a game and were convicted? Lazy, lazy journalism from a work experience boy who hasn't mastered Google, on his last ever Sunday shift.
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so Redknapp is welcomed back after his demolition of their club's structure, Storrie who drove the bus over the cliff on a huge wage and then gave players to Spurs is a hero, and they had their pictures taken with Al Fahim as he saved them.... All this on the back of the fairytale about Maradona and the Galacticos on their way to launch the state of the art training facility and a 50,000 seater world cup venue floating on someone else's land in the harbour... And the actual progress thus far? Player exodus, wages missed, crippling debts, 8 losses out of 9, Finnan signed, strikers who wouldn't get in the Salisbury squad (sorry Nick) leading the line, and as for the stadium progress, Manadaric knocked down a small shed about four years ago. So they have a small gap between spin and reality, yet they keep on buying the 'storries'. Neutral observers might suggest that Harry played a key role in their financial implosion, Storrie has his own interests at heart and was at the helm for the meltdown, the stadium ain't happening, Al Fahim was obviously a fantasist from day one, the new bloke is going to borrow and whack the debt up again if a bank allows, and Finnan and the strikers were desperate bargain basement purchases. Also Maradona isn't coming, nor are the Galacticos, and the stadium in the harbour plan was insanity on every level. But there is good news for the blue few who have bought every one of these fairytales without question - that shed that Mandaric knocked down as a PR stunt? It's still down. As for welcoming back Redknapp - time for some fresh blood in the gene pool methinks as the mental agility to form reasonable thought seems to have skipped a generation.
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I saw a game there last year and the away bit is a stand from 1900 that will fall down if we sing too loud, but they do have apartment blocks in the four corners so that's nice. And they have a gobby chairman who was very vocal during our financial problems.
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I like football, it's fun again.
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Al Fahim has just announced - I will remain head of the club’s board of directors for two seasons. Moreover, I kept 100 percent of the club’s real estate assets and this is something nobody has paid attention to or spoken about. I am announcing this for the first time that [the real estate assets] are owned by the Al Fahim Group. Without doubt the real estate aspect is important in sports investment. Praise be to God, I was able to transfer all the club’s debts to the new owner and I gained excellent revenue........ Bit of a BOMBSHELL if he can be believed on this one, I think he is saying he has asset-stripped the club of the adjacent land and left them with the ground only?.....if it's true it means they have nowhere to develop anymore and he can do whatever he wants with only a 10% concern about the annoying neighbour Mr Faraj and his little strip of football pitch surrounded by sheds. If true, and with him it's a big if, he isn't the bumbling idiot we all thought and he has just royally shafted the new owner and given himself a veto and a chance to name his price on any future ground improvements.
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there is nothing to repay, she's in Casualty, her career is over.
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and Phil's suggestions about internal middle east conflict at Fratton seem to be coming to fruition according the The Sun. Tomorrow will tell us what shape they are really in, if they were to turn over Spurs it will mean the train wreck is slowing down. But another home defeat on top of continued financial uncertainty and the fat lass is adjusting the microphone stand.
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I don't get how some supporters are still happy to trade a scraped win over Cardiff City against the whole future of their club. We all know that Redknapp and Storrie overspent ludicrously and bought the trophy (fifteen years after it meant anything), only now is it being decided how much they have to pay for it - is it to be six months of embarrased lonely silence surrounded by empty seats or a couple of years of misery, it may be a generation of failure, or possibly still, the end of the road? If someone offered me promotion this year but with a fifty-fifty chance of admin within two years I would decline, call that unambitious but IMO you cannot trade in success using the whole club history as security. Do Leeds fans look back lovingly and celebrate their ill-fated Champions League campaign and Ridsdale's wonderful fish collection? Do we look back and glorify in the last few years of mismanagement saying we wouldn't change a thing? No, but the blue few still stubbornly insist it was worth endangering all of their history just to turn over some fellow caravanners.....like the Fratton redevelopment budget, that just doesn't add up, and like the debt mountain that is PFC, I don't buy it. Which funnily enough is what every serious investor has said after meeting Storrie with their mothers at the Little Chef in Barnet.
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Jan Poortvliet in relegation battle (again)
rallyboy replied to CHAPEL END CHARLIE's topic in The Saints
the poor bloke is cursed.