Crazy Diamond Posted 30 December, 2014 Posted 30 December, 2014 It's not exactly Erich Honecher and the SED. Funny though.
buctootim Posted 30 December, 2014 Posted 30 December, 2014 Who have they voted in? Hopefully it will be someone with even less nous and more comedy value.
Goatboy Posted 30 December, 2014 Posted 30 December, 2014 Who have they voted in? Hopefully it will be someone with even less nous and more comedy value. Westwood.
andysstuff Posted 30 December, 2014 Posted 30 December, 2014 In all honesty if he wanted to kick off about something, surely the lack of audited accounts was far more important an issue. Or do they really care so little about finances down there after all they've been through.
St Chalet Posted 30 December, 2014 Posted 30 December, 2014 Jealous mediocrities = their fan base! Looking forward to 2015 when the People's Front of Judea turn on the Judean People's Front. Splitters!
Crazy Diamond Posted 30 December, 2014 Posted 30 December, 2014 Jealous mediocrities = their fan base! Looking forward to 2015 when the People's Front of Judea turn on the Judean People's Front. Splitters! I've heard the Tuscany Fried Bat on offer at Fratton is lovely.
Brizzie Saints Posted 30 December, 2014 Posted 30 December, 2014 And don't forget the Otters Noses. But apart from that wot have the Pompey Trust ever done for us!
cryoman1965 Posted 30 December, 2014 Posted 30 December, 2014 And don't forget the Otters Noses. But apart from that wot have the Pompey Trust ever done for us! Gravel car parks
Sevvy Posted 30 December, 2014 Posted 30 December, 2014 And don't forget the Otters Noses. But apart from that wot have the Pompey Trust ever done for us! And don't forget the tarmac.
Crazy Diamond Posted 30 December, 2014 Posted 30 December, 2014 Gravel car parks Should be a good one today, local lad.
farawaysaint Posted 30 December, 2014 Posted 30 December, 2014 I wonder if they're following their own Standing Orders? Most companies have strictly laid down rules about calling AGMs, Emergency GMs, deadlines for submitting emergency resolutions, quora etc. etc. But I bet they don't have Standing Orders - after all, they don't do anything else by the book They are a trust, different book altogether to companies and much looser corporate governance requirements. If they had any sense it would be set in stone in the Trust Deed and I'd like to think it is in there somewhere.
trousers Posted 30 December, 2014 Posted 30 December, 2014 @bigadamsport: CONGRATULATIONS to former #pompey defender Linvoy Primus on his MBE for services to football and charity in Portsmouth
Crazy Diamond Posted 30 December, 2014 Posted 30 December, 2014 @bigadamsport: CONGRATULATIONS to former #pompey defender Linvoy Primus on his MBE for services to football and charity in Portsmouth James Corden has an OBE. I assume they forgot to add SE to the end of it, fat *****.
SarniaSaint Posted 30 December, 2014 Posted 30 December, 2014 They are a trust, different book altogether to companies and much looser corporate governance requirements. If they had any sense it would be set in stone in the Trust Deed and I'd like to think it is in there somewhere. Hey I'm lost here.......surely the high net worth owners are in the PST???.........or is this all smoke and mirrors..........admin for the (sorry lost count) can't be faraway :)
SarniaSaint Posted 30 December, 2014 Posted 30 December, 2014 @bigadamsport: CONGRATULATIONS to former #pompey defender Linvoy Primus on his MBE for services to football and charity in Portsmouth You know something this means FA..........just like Ferguson becoming sir a..hole
suewhistle Posted 31 December, 2014 Posted 31 December, 2014 2016 - we've hit the future... and it's still funny!
Jonnyboy Posted 31 December, 2014 Posted 31 December, 2014 2016 - we've hit the future... and it's still funny! Umm... is 2015 not the future?
PhilippineSaint Posted 31 December, 2014 Posted 31 December, 2014 2016 - we've hit the future... and it's still funny! Have I had too much again New Years Eve 2015 and missed the whole of the year? Its beginning to feel like the late 80's again
Ric Posted 31 December, 2014 Posted 31 December, 2014 Hey I'm lost here.......surely the high net worth owners are in the PST???.........or is this all smoke and mirrors..........admin for the (sorry lost count) can't be faraway :) No, I don't think so. They are investors in the football club in their own right. The PST is also an investor, having taken donations from fans to be able to buy a percentage of the club as well (which is gradually reducing as the HNWs pump more money in from time to time). The "shares" that the fans have bought are shares in the PST, not in the club. The PST has used the money raised to buy shares in the club. The HNWs have bought shares directly in the club themselves, they have not contributed to the PST. I think that's right, but I'm happy to be corrected by anyone who knows better! Sent from my SM-G900F using Tapatalk
Doctoroncall Posted 31 December, 2014 Posted 31 December, 2014 No, I don't think so. They are investors in the football club in their own right. The PST is also an investor, having taken donations from fans to be able to buy a percentage of the club as well (which is gradually reducing as the HNWs pump more money in from time to time). The "shares" that the fans have bought are shares in the PST, not in the club. The PST has used the money raised to buy shares in the club. The HNWs have bought shares directly in the club themselves, they have not contributed to the PST. I think that's right, but I'm happy to be corrected by anyone who knows better! Sent from my SM-G900F using Tapatalk Succinctly put and what I think is correct.
rallyboy Posted 31 December, 2014 Posted 31 December, 2014 So the big-hearted HNW investors have bought shares with their money, while the fans have just made donations. Perhaps 2015 will be the year that the plucky fans finally realise that they own nothing and have no control over the 'fan-owned' club. Or perhaps we will continue as we have done for five years with heads in sand, mass delusion, and a media that gives the people only what the people want to hear.
rallyboy Posted 31 December, 2014 Posted 31 December, 2014 Indeed - health and happiness for 2015 - and beyond, hopefully.
Waterside.saint Posted 31 December, 2014 Posted 31 December, 2014 Indeed - health and happiness for 2015 - and beyond, hopefully. HNY to nutjobs everywhere, and a rich serving of karma to our friends on the septic isle
Sevvy Posted 1 January, 2015 Posted 1 January, 2015 Happy new year ladies and gentlemen, I wish you great fortune in 2015. My our fishy friends bring us great merryment from down the road.
Crazy Diamond Posted 1 January, 2015 Posted 1 January, 2015 No fixture for the few today. Good result for them.
TopGun Posted 2 January, 2015 Posted 2 January, 2015 (edited) My thoughts for 2015 are that a new crack at Pompey may be exposed. As far as we know the high net worth (HNWs) presidents control about 52% of the shares although this has not been updated for a while, with the PST owning the rest. I believe there are about 12 HNWs so on average each owns about 4% of the club. But unlike the fans who gave money to the PST for their shareholding, the HNW's ownership is by direct shareholdings and is expected to be personally redeemable at a future point. No doubt a number of them expected to make a little profit on their investment if Pompey rose up a division or two and became a profitable concern and an attractive buy to a more wealthy investor. But things are not going to plan. The club languishes in L2 and will stay there for another year in likelihood. The Tesco deal has gone quiet. Fratton Park continues to cost a lot to maintain. Ongoing turnover is not good for the rest of the season as it continues to rely on discounted early bird season ticket revenue that has been spent by now. They are out of the cups. So there is a possibility that the club will need to raise more money to see it through the season. The PST has exhausted its revenue income means as the fans are not likely to pay in if there is another financial call to arms. That leaves McInnes and his board requiring more investment from the existing HNWs (for additional share ownership at the % ownership of the PST and possibly themselves as individuals) or attempting to gain fresh HNW investment which will dilute the share ownership of the existing HNW investors and PST, and neither of those groups will want that for different reasons. At 4% each the existing HNWs are probably wondering about their investments to date as they have little control over what's happening and will be loathe to chuck more money at the situation. Yet if they don't answer a call for cash, their 4%s will be diluted by any new outside investment that McInnes finds. I foresee an internal fracas between the HNWs in the next few months as each considers his options and argues with McInnes and others about the way forward. I hope I am right! Edited 2 January, 2015 by TopGun
Weston Super Saint Posted 2 January, 2015 Posted 2 January, 2015 Pretty sure the Tesco issue has gone quiet because it is now completed??? As far as PFC were concerned, they were only due a 'six figure' windfall [ringfenced to be spent only on ground improvements...] once the deal was agreed with Tesco. That has happened and they have had their blood money - hence why the new car park has been shoddily built! The only person left to make any serious money from the Tesco deal is the property developer - however his gamble is looking more and more risky every time another story about Tesco's finances is revealed...
sussexsaint Posted 2 January, 2015 Posted 2 January, 2015 @bigadamsport: CONGRATULATIONS to former #pompey defender Linvoy Primus on his MBE for services to football and charity in Portsmouth Yet Stephen Hawking is only a CBE
bridge too far Posted 2 January, 2015 Posted 2 January, 2015 Yet Stephen Hawking is only a CBE Which is a 'higher' order than MBE
sussexsaint Posted 2 January, 2015 Posted 2 January, 2015 Which is a 'higher' order than MBE but not as high as an OBE which James Cordon has been given. I would like some clear ground between Hawking and Primus
bridge too far Posted 2 January, 2015 Posted 2 January, 2015 but not as high as an OBE which James Cordon has been given. I would like some clear ground between Hawking and Primus In descending order of merit: Companion of Honour Knight / Dame CBE OBE MBE
eurosaint Posted 2 January, 2015 Posted 2 January, 2015 TBF I am happy for Linvoy Primus to get his award as he clearly is putting something back into society ! He may well be an exception on the septic isle but fair do's, I don't grudge him the respect he is due !
Pedro Posted 2 January, 2015 Posted 2 January, 2015 Linvoy and his parents are good people, seem to appreciate the good life that football has given them.
sussexsaint Posted 2 January, 2015 Posted 2 January, 2015 In descending order of merit: Companion of Honour Knight / Dame CBE OBE MBE Fair enough - some sites other than wiki have it the other way around with CBE being for outstanding duty to local issues but not national with OBE being contributions of a national importance
Crazy Diamond Posted 2 January, 2015 Posted 2 January, 2015 The natives are restless... Ex-Chelmsford City legend Ricky Holmes has been loaned to Northampton. Maybe he'll come back for next season, when they can capitalise on his non-league experience...
bridge too far Posted 2 January, 2015 Posted 2 January, 2015 Fair enough - some sites other than wiki have it the other way around with CBE being for outstanding duty to local issues but not national with OBE being contributions of a national importance I don't claim to know it - I just looked on the government's website. https://www.gov.uk/honours/types-of-honours-and-awards Two people I know got MBEs for 'local' contributions and I knew that the MBE was the lowest order.
SarniaSaint Posted 3 January, 2015 Posted 3 January, 2015 Linvoy and his parents are good people, seem to appreciate the good life that football has given them. Agree one of the few that have not been tainted by the rest of them....
Kingsbridge Saint Posted 3 January, 2015 Posted 3 January, 2015 10 points off a 1 in 4 shot at promotion. 6 points off certain footballing oblivion. Meanwhile, we have just beaten Arsenal and sit in a Champions League spot. Stick that in your bosuns whistle yer Pikeys.
suewhistle Posted 3 January, 2015 Posted 3 January, 2015 I notice that they didn't have a game today. Can't be helping their cash flow...
Sevvy Posted 3 January, 2015 Posted 3 January, 2015 I notice that they didn't have a game today. Can't be helping their cash flow... At least they didn't loose.
Lets B Avenue Posted 3 January, 2015 Posted 3 January, 2015 At least they didn't loose. They are certainly "loose" usually with the truth. Due to have been at home to Tranmere today. Last paragraph of this refers. http://www.telegraph.co.uk/sport/football/competitions/fa-cup/11320946/Tranmere-v-Swansea-FA-Cup-third-round-Micky-Adams-still-haunted-by-La-Manga-saga.html
saintchris23 Posted 3 January, 2015 Posted 3 January, 2015 Why are we so concerned about the fishy few? Surely we have more interesting things to do than ridicule the skates?
rallyboy Posted 3 January, 2015 Posted 3 January, 2015 The man who tires of ridiculing deluded skates has tired of life itself.
SarniaSaint Posted 4 January, 2015 Posted 4 January, 2015 Why are we so concerned about the fishy few? Surely we have more interesting things to do than ridicule the skates? Not concerned.......just waiting for the next admin and -10
JackanorySFC Posted 4 January, 2015 Posted 4 January, 2015 Why are we so concerned about the fishy few? Surely we have more interesting things to do than ridicule the skates? You from Southampton or what mush? You clearly weren't at the 4-1 game down there. I'll hate the ****s til I die! they hate you wherever you're from and loved the idea of dancing on our grave when we were in the **** a few years ago. I heard those vile cretins abusing our legend, Ted Bates, in a minutes silence following his death at St Mary's. That stuff never leaves you. Trust me, 5 of em spot you being a scummer they'll love the numbers and take liberties. Evens don't worry, "birds from Pompey have big t**s and tight c***s, cos blokes from Pompey have big mouths and small co**s"! Don't forget. Never forgive. I hope they go bust.
Waterside.saint Posted 4 January, 2015 Posted 4 January, 2015 Not concerned.......just waiting for the next admin and -10 Please God.
sussexsaint Posted 4 January, 2015 Posted 4 January, 2015 You from Southampton or what mush? You clearly weren't at the 4-1 game down there. I'll hate the ****s til I die! they hate you wherever you're from and loved the idea of dancing on our grave when we were in the **** a few years ago. I heard those vile cretins abusing our legend, Ted Bates, in a minutes silence following his death at St Mary's. That stuff never leaves you. Trust me, 5 of em spot you being a scummer they'll love the numbers and take liberties. Evens don't worry, "birds from Pompey have big t**s and tight c***s, cos blokes from Pompey have big mouths and small co**s"! Don't forget. Never forgive. I hope they go bust. Good points , well made Still haven't sunk low enough. The ridiculous sense of entitlement and the constant assertion that they are the best fans in world football needs to be knocked out of them by playing and losing to Eastleigh in non league
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