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Pompey Takeover Saga

Fitzhugh Fella

By Fitzhugh Fella
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Gingeletiss

Gingeletiss

Posted
Posted
In the next 110mins they need to raise £25M.

 

I don't think they are serious about selling players today to cover debt, the creditors must wonder why little is happening when they should be offloading 7/8 players for the wages at least.

 

 

Are they hoping it all just goes away and they win a few games by retaining most of their illegally-assembled squad?

 

It's a suicidal strategy in the last chance saloon - the taxman won't blink first and will nail them to a tree.

 

 

And on the upcoming milestone for the thread, the peleton should wave the thread-starter to the front - so I await a historic and poetic post that may even inspire the book title when it is published.....

 

 

Perhaps this has some bearing..........taken from the main board thread.

 

'This is how it works per the Insolvency Rules. All transactions from the date the Petition was advertised up to the date the order was granted can be made Void by the liquidator who is appointed.

 

it is designed to stop a dishonest business, which realises it is doomed, from then entering into deals to sell off its best assets but say for a very low price, or it gives its assets to one particular creditor to pay them off - but everyone else is left high and dry.'

Chin Strain

Chin Strain

Posted
Posted
I did not say he was desperate not to leave but it is known he would prefer to continue his development here until at least the summer. Either way 2hrs 10m until we find out

 

How many Pompey fans actually realise the seriousness of the situation? The way I see it, you need to sell everything (including anything that's nailed down) in order to stand a chance of actually having a football club to support after the next month. Isn't that more important than whether you sell some keeper or not?

 

Still, I'm sure HMRC will understand this reasoning at the High Court in 10 days time...

dubai_phil

dubai_phil

Posted
Posted

Someone go and wake FF up, I know he's getting on a bit these days like many of us and he's probably having his mid afternoon snooze with his pipe & slippers on :-)

 

Not long to go to the historic moment

 

And hitting 10,000

Merovingian

Merovingian

Posted
Posted
How many Pompey fans actually realise the seriousness of the situation? The way I see it, you need to sell everything (including anything that's nailed down) in order to stand a chance of actually having a football club to support after the next month. Isn't that more important than whether you sell some keeper or not?

 

Still, I'm sure HMRC will understand this reasoning at the High Court in 10 days time...

 

I am fully expecting there to be no club soon and there are already things being put in place should this happen

Chin Strain

Chin Strain

Posted
Posted
I am fully expecting there to be no club soon and there are already things being put in place should this happen

 

Which league will you be made to start again in? Where do you reckon you'll end up playing home games?

bungle

bungle

Posted
Posted

There are several things I don't understand.

 

1) Why do the media seem to be totally ignoring the fact that Begovic has already played for 2 clubs this season?

2) If they don't manage to sell anyone now, how the bloody hell are they going to be able to pay future wage bills, considering they couldn't pay any of the last 4 on time?

3) Is there actually any hope for them?!

Merovingian

Merovingian

Posted
Posted
Which league will you be made to start again in? Where do you reckon you'll end up playing home games?

 

I am not able to divulge any details of this yet - alot of which has yet to be sorted out but things are happening should the 10th be end of game.

Joey-deacons-left-nut

Joey-deacons-left-nut

Posted
Posted
There are several things I don't understand.

 

1) Why do the media seem to be totally ignoring the fact that Begovic has already played for 2 clubs this season?

 

It's not ahard and fast rule. it was implemented pre transfer window days to stop the bigger teams buying up the talent to help them win cups...

 

Pretty sure he was an emergency loan to Ipswich for only a handfull of games... the FA would wave it on through due to tPompeys current situation...

stevegrant

stevegrant

Posted
Posted
There are several things I don't understand.

 

1) Why do the media seem to be totally ignoring the fact that Begovic has already played for 2 clubs this season?

There seems to be a bit of a grey area here because Begovic went to Ipswich on an "emergency loan" deal. As such, his appearances for them may not count for the "played for two or more clubs" rule.

 

It's also entirely possible that the Premier League/FA are able to give special dispensation to bypass the rule under exceptional circumstances, e.g. the selling club desperately needs the money...

gaz

gaz

Posted
Posted

With the non-payment of wages (or them being constantly late), how likely is it that the players could walk away before the Cup game?

Whitey Grandad

Whitey Grandad

Posted
Posted
With the non-payment of wages (or them being constantly late), how likely is it that the players could walk away before the Cup game?

I suspect that non-payment for a third time amounts to breach of contract so if that's the case they can walk away at any moment. Of course, they would then need to find another club to take them and as the transfer window ends in 83 minutes that might be difficult, unless they count as free agents, perhaps.

Chin Strain

Chin Strain

Posted
Posted
With the non-payment of wages (or them being constantly late), how likely is it that the players could walk away before the Cup game?

 

Very likely.

 

I believe that they become free agents and so can join other clubs. I suspect Nugent is hoping they go under so he can negotiate himself a nice big whack by way of signing on fee as no transfer fee will be payable....

stevegrant

stevegrant

Posted
Posted

Why would any Pompey player take advantage of the "handing your notice in" clause at the moment? While they're being paid late, they are still actually getting paid, and there's no way they'd get anywhere near the same sort of wages elsewhere.

Chin Strain

Chin Strain

Posted
Posted
Why would any Pompey player take advantage of the "handing your notice in" clause at the moment? While they're being paid late, they are still actually getting paid, and there's no way they'd get anywhere near the same sort of wages elsewhere.

 

Some would, some wouldn't. Utaka, James, Hreiddersson wouldn't get more. Begovic certainly would, and probably on performances this season Boateng would too.

pedg

pedg

Posted
Posted
very lol, SG makes a good point and for some reason the players all really seem to want to do their best for us....beats me as to why.

 

Probably the blitz spirit kicking in. That, or the food additives in their pot noodles (assuming they still own a kettle?).

Chez

Chez

Posted
Posted
I suspect that non-payment for a third time amounts to breach of contract so if that's the case they can walk away at any moment. Of course, they would then need to find another club to take them and as the transfer window ends in 83 minutes that might be difficult, unless they count as free agents, perhaps.

 

They have to hand in their notice and then the club has 14 days to pay them their wages or the contract then becomes null and void (and they become out of contract players). No player is going to do this whilst they are still being paid, all be it late, unless they had a new club lined up.

Channon's Sideburns

Channon's Sideburns

Posted
Posted
They have to hand in their notice and then the club has 14 days to pay them their wages or the contract then becomes null and void (and they become out of contract players). No player is going to do this whilst they are still being paid, all be it late, unless they had a new club lined up.

 

Or perhaps some of them are negotiating deals on the quiet with other clubs (let's say through agents...leeches) on the basis that they will in fact be free agents in the next two weeks.

 

Because, as it has already been stated, why pay money today for a player you can get for free in 2 weeks?

 

Plus the players would benefit financially in the end, which, as we all agree, is all that matters.

 

Loyalty to PFC? Yep, you can believe that until Maradona arrives to oversee next season in the Blue Square...

Chez

Chez

Posted
Posted
very lol, SG makes a good point and for some reason the players all really seem to want to do their best for us....beats me as to why.

 

wages halved if they go down? Peter Tells Stories is the best negotiator in the worldTM after all.

GenevaSaint

GenevaSaint

Posted
Posted

Less than an hour to go, they're either playing a great game of brinksmanship and raising the price or they don't need any money ! Alternatively, apart from Begovic and James no one is interested in the players they have, more likely in my eyes. Hence no fire sale.

hamster

hamster

Posted
Posted
Really:smt103......just don't do this

 

 

http://www.guardian.co.uk/football/2...pay-club-debts

 

 

:D

 

I just hope that no-one decides to send him some invoices from made up companies to add to his woes, that would not be funny and not be a very nice thing to do. Especially as his Mum, Dad, Brother and Missus* are shareholders too plus he owns another company which could be in jeopardy should he be pursued in the courts.

 

Is it illegal to make up fake court summons using Publisher?

 

*I understand these to be four different people, but I may be wrong.

JRM

JRM

Posted
Posted
There are several things I don't understand.

 

1) Why do the media seem to be totally ignoring the fact that Begovic has already played for 2 clubs this season?

2) If they don't manage to sell anyone now, how the bloody hell are they going to be able to pay future wage bills, considering they couldn't pay any of the last 4 on time?

3) Is there actually any hope for them?!

 

I don't understand it either, for a business that has been referred to as on the verge of bankruptcy how come the only activity in the transfer window has been

 

Nugent out on loan, Kaboul sold,

O'Hara in on loan

 

I think that is it?

 

Hardly the sign of a club desperate for every penny.

 

Have the players been paid today? If not, the FA should be held to account for scandalously allowing the transfer embargo to be lifted.

 

I must admit I am disappointed, had hoped they would lose several others of their better players.

Hatch

Hatch

Posted
Posted
I just hope that no-one decides to send him some invoices from made up companies to add to his woes, that would not be funny and not be a very nice thing to do. Especially as his Mum, Dad, Brother and Missus* are shareholders too plus he owns another company which could be in jeopardy should he be pursued in the courts.

 

Is it illegal to make up fake court summons using Publisher?

 

*I understand these to be four different people, but I may be wrong.

 

I will send him one for £1,000,

 

A full servicing of his missus.

Merovingian

Merovingian

Posted
Posted
I must admit I am disappointed, had hoped they would lose several others of their better players.

 

like.....????

 

we are not exactly blessed with "decent" premiership players, even Boateng has flattered to deceive on occasions

Weston Saint

Weston Saint

Posted
Posted

Bergovic to Chelsea? SSN say Pompey were hoping to raise £4.5m today. Perhaps the rejection of Stoke offer not so strange if Chelsea link true.

 

Dindane having medical at Blackburn SSN say

altoniansaints

altoniansaints

Posted
Posted

SSN saying Chelsea after Begovic from pimpley and that is why they turned down sunderland! also said they NEED to raise £4.5mill today in order to survive! assume thats on top of the £5mill for Kaboul

GenevaSaint

GenevaSaint

Posted
Posted
like.....????

 

we are not exactly blessed with "decent" premiership players, even Boateng has flattered to deceive on occasions

 

I agree, not many players at Pompey that could walk into other premiership sides. Some could drop a division but who's gonna take a pay cut from seemingly stupid levels Pompey have been paying.

Channon's Sideburns

Channon's Sideburns

Posted
Posted
SSN saying Chelsea after Begovic from pimpley and that is why they turned down sunderland! also said they NEED to raise £4.5mill today in order to survive! assume thats on top of the £5mill for Kaboul

 

Ladies and Gents...welcome to......

 

PORTSMOUTH F.C - 'DEAL OR NO DEAL'

Channon's Sideburns

Channon's Sideburns

Posted
Posted

Call me suspicious..but I'm wondering whether the Spuds deal for Begovic fell through not because of his personal choice, but that little hint on Sunday Supplement mentioned earlier?

 

The one about the suspect transfer dealings between Poopey and the Spuds?

 

'Sorry Harry no more deals - they've twigged'???

St.JonB

St.JonB

Posted
Posted

I think last season there was a team in Hampshire that did not sell any players in the January window, but still went into administration shortly afterwards...

Goalie66

Goalie66

Posted
Posted

Ironically been speaking to a guy at HMRC today to the National Debt pursuit unit.They had issued two statements that were incorrect on backpayments of Nat Ins.. so they do make errors.However, in chatting to him he thinks PayupP will go admin route.If that is the case then they might hang around long enough to play us so we could face the prospect of losing to them but still going through as they will have been liquidated by the end of the month.

NickG

NickG

Posted
Posted
Never mind the 10,000 post I claim first post on the 200th page!

 

if I go back to some of my old posts on here, edit them so they are much shorter - will yours go onto previous page?!

Red Alert

Red Alert

Posted
Posted
if I go back to some of my old posts on here, edit them so they are much shorter - will yours go onto previous page?!

 

No, sadly its 50 posts per page. Sorry.

 

But 1 closer to the big number now.

 

Edit - I think Corp Ho is going to come at us with some outstanding new info for the big 10,000. He has been planning it for weeks. Or they actually will sign Riquelme.

pedg

pedg

Posted
Posted (edited)
if I go back to some of my old posts on here, edit them so they are much shorter - will yours go onto previous page?!

 

No, its 50 a page I believe. (and if the mods delete any of the earlier ones can you delete 3).

 

Would be good if the 10,000th coincided with the closure of the transfer window.

Edited by pedg
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