Saint Keith Posted 10 February, 2010 Posted 10 February, 2010 i think its time for a poll a) do you want them to stay in business, and take sympathy on them or b) **** em. let them rot in hell, about time the dirty thieving scumbags went down the ****ter for good
pedg Posted 10 February, 2010 Posted 10 February, 2010 (edited) Times article is very informative.. http://www.timesonline.co.uk/tol/sport/football/premier_league/portsmouth/article7021577.ece They have appealed the VAT apparently but it would not be heard til June and surprise surprise they wanted it postponed till then. More surprisingly is that pompey prepared one of these statements for the PL last month but did not send a copy to HMRC. + lots of other interesting bits -- If they did prepare such a statement for the PL then one guesses it must have shown they were not trading while insolvent otherwise the PL would have had to act?? Question is then was it a correct statement or one that had been manipulated to show them in a better position than was the case? Edited 10 February, 2010 by pedg
Channon's Sideburns Posted 10 February, 2010 Posted 10 February, 2010 Mark Fry on Solent. Surprised they got given 7 days to repay - evidence given today is normally deemed sufficient for Winding Up. They cannot go into voluntary admin - a petition from a creditor would be needed. Short timescale, in his view, for any takeover to happen. Asked whether he would get involved if asked, he said yes.
Nellie Posted 10 February, 2010 Posted 10 February, 2010 I was under the impression that a place inb the Wessex League had been agreed. Don't think anyone has approached the Wessex League as of yet. I'm not sure they would until the final nail is hammered into PFC.
pedg Posted 10 February, 2010 Posted 10 February, 2010 Don't think anyone has approached the Wessex League as of yet. I'm not sure they would until the final nail is hammered into PFC. I think given their tendency for not dying when they should that a stake might be more useful than a nail.
View From The Top Posted 10 February, 2010 Posted 10 February, 2010 Don't think anyone has approached the Wessex League as of yet. I'm not sure they would until the final nail is hammered into PFC. Colin Famery said they had, and he's one of the fellas ITK.
Saint_clark Posted 10 February, 2010 Posted 10 February, 2010 Shall we put together a Pinnacle group just to waste a bit of time for them?
Crab Lungs Posted 10 February, 2010 Posted 10 February, 2010 Shall we put together a Pinnacle group just to waste a bit of time for them? I have absolutely no problem at all putting myself forward as the Tony Lynam of this takeover group.
Channon's Sideburns Posted 10 February, 2010 Posted 10 February, 2010 Ok lads and lasses, today's Caption Competition is this..... Fill yer boots.
Saint_clark Posted 10 February, 2010 Posted 10 February, 2010 I have absolutely no problem at all putting myself forward as the Tony Lynam of this takeover group. My brother said this morning that if he wins the lottery he will put in a bid, get through due diligence, get right up to putting his signature on the deal and then tell them to f*ck off
Crab Lungs Posted 10 February, 2010 Posted 10 February, 2010 My brother said this morning that if he wins the lottery he will put in a bid, get through due diligence, get right up to putting his signature on the deal and then tell them to f*ck off Hahaha! :-D Love it... !
Gingeletiss Posted 10 February, 2010 Posted 10 February, 2010 I laugh at all the poopey fans on Sky and BBC, saying what great fans they are. One said the whole city were Poopey fans, and that's the only shirt you see around the city.....Dohhh Yehhh!!!! the reason being, that if you wear anything else, you get the sh1t kicked out of you. They will be gone in a couple of weeks, sure as fish smell.
Gemmel Posted 10 February, 2010 Posted 10 February, 2010 I have absolutely no problem at all putting myself forward as the Tony Lynam of this takeover group. Completely flawed plan.... they have no legends to put forward as chairman
Saint Keith Posted 10 February, 2010 Posted 10 February, 2010 My brother said this morning that if he wins the lottery he will put in a bid, get through due diligence, get right up to putting his signature on the deal and then tell them to f*ck off tbf, he wouldnt need to win the lottery to do this, jsut be willing to incur a few grand of accountants fees
Saint Keith Posted 10 February, 2010 Posted 10 February, 2010 Completely flawed plan.... they have no legends to put forward as chairman alan knight . rofl
Lord Duckhunter Posted 10 February, 2010 Posted 10 February, 2010 I think the financial criteria for conference clubs is as strict if not stricter than the PL and would not accept you. The Conference criteria is a lot stricter than the FL/Pl. However, it only applies to existing or promoted sides. Any sides relegated from the FL are not subject to the same criteria. This was a concession agreed by the Conference in return for 2 up 2 down from League 1. So the conference would take them.
Crab Lungs Posted 10 February, 2010 Posted 10 February, 2010 Completely flawed plan.... they have no legends to put forward as chairman Maybe Terry Venables, Robbie Enes, Hamilton Thorp, Michail Vlachos and Michael Panapoulos could form a consortium? Plenty of 'legends' there
ART Posted 10 February, 2010 Posted 10 February, 2010 As Poopey breathe their last, it's heartening to read today that New Saints have applied to play at Chester's stadium in the Blue Square League. http://news.bbc.co.uk/sport2/hi/football/league_of_wales/8508374.stm Maybe we can sell the Skates some space on the Corporation Garbage Tip for the New Skates to play in future.
rallyboy Posted 10 February, 2010 Posted 10 February, 2010 so they have a week to organise a bidding war between these two massive consortiums looking to pump millions into the sleeping giant, and they also need to overturn the way that VAT is calculated in the UK. They still don't get it do they? It's over, let it go... But do pop round and say goodbye at the weekend, Ted's still waving.
Gemmel Posted 10 February, 2010 Posted 10 February, 2010 so they have a week to organise a bidding war between these two massive consortiums looking to pump millions into the sleeping giant, and they also need to overturn the way that VAT is calculated in the UK. They still don't get it do they? It's over, let it go... But do pop round and say goodbye at the weekend, Ted's still waving. To be fair to them rallyboy, they do, .... It's just the story teller left now, speaking hollow words, to anyone that will listen,which judging by their message boards only leaves helen keller. Next week, they will go.
bridge too far Posted 10 February, 2010 Posted 10 February, 2010 Sir Alan Sugar having a slightly veiled pop at them just now on BBC News
Joensuu Posted 10 February, 2010 Posted 10 February, 2010 [Filler alert] In the last 12 hours, this thread has had 1475 posts... which is 122.9 per hour, or just over 2 a minute... Good work
Saint dyer Posted 10 February, 2010 Posted 10 February, 2010 got a horrible feeling they are going to get away without an punishment whatsoever :S
View From The Top Posted 10 February, 2010 Posted 10 February, 2010 got a horrible feeling they are going to get away without an punishment whatsoever :S They're *****ed.
JRM Posted 10 February, 2010 Posted 10 February, 2010 They're *****ed. still think i will wait for it to actually happen rather than take an enjoyment in assumptions, funny old game and all that. by this time next week they could be in the FA Cup 1/4 final and gloating having been taken over, and I couldn't stand that. Just got a feeling they'll somehow get away with it
Joensuu Posted 10 February, 2010 Posted 10 February, 2010 got a horrible feeling they are going to get away without an punishment whatsoever :S That's just nerves. They are well and truely up s*** creek, only a rich (and deranged) investor can save them now. At the start of the week being would up seemed a remote possibility, it's almost as if the Pompey directors are actively trying to get liquidated. I wonder if liquidation is actually an advantage to Gaydamak?
St Marco Posted 10 February, 2010 Posted 10 February, 2010 still think i will wait for it to actually happen rather than take an enjoyment in assumptions, funny old game and all that. by this time next week they could be in the FA Cup 1/4 final and gloating having been taken over, and I couldn't stand that. Just got a feeling they'll somehow get away with it There is no somehow now. The judge has told them what they must do. They must show they have the financial resources to continue trading in a normal way by next friday. Meaning they have to have been takenover and cleared the debt by then. If they haven't they have no other way to save their bacon. The only reason they were given more time was because they said they were close to being taken over which would clear the debt. The taxman didn't believe it, the judge sounded like they didn't believe it. But gave them 7 days instead of the normal 28 days. That looked like a last chance saloon offer. i.e your defence is based on you saying your being taken over, if your not by next week then your probably never going to be.
View From The Top Posted 10 February, 2010 Posted 10 February, 2010 still think i will wait for it to actually happen rather than take an enjoyment in assumptions, funny old game and all that. by this time next week they could be in the FA Cup 1/4 final and gloating having been taken over, and I couldn't stand that. Just got a feeling they'll somehow get away with it They have to prove that they aren't insolvent and the only way to do that is for someone to give them lots of money right now. That just isn't going to happen. There outgoings seriously outstrip their incomings and they've not a pot to ****** in. It's game over.
Joensuu Posted 10 February, 2010 Posted 10 February, 2010 (edited) Storrie is on the Quay right now, here's a Skate's summary: Will not appear in Court until Monday week at the earliest. The PAYE money is in the bank and could be paid to HMRC now if they want it but they want the full amount. The club (as in the OS statement) is disputing the £7.4m VAT bill and this has gone to a VAT arbitration panel to resolve. PS said gave information to the Court today of proof of two groups seriously interested, but was hard work as they dont want their names in the press untill they take over the club. He said a third group has come in today and they are currently in process of finding out if they are serious, The club have also got a business plan to keep the club going should the potential investors back out. Danial Azougy was in Court today but only as a bystander had no imput at all. Chainrai has not offered to underwrit the money because he has not been in long enough to totally assess everything, Claimed Tanya Robbins had to do a lot of work to undo the damage done by the last owners people. Wages are covered by Chainrai for the rest of the season Edit... some other skate's have corrected the above: I thought he said that Chainrai will cover this months wages without reference being made beyond that.[/Quote] Edited 10 February, 2010 by Joensuu Skate poster ****ed it up
saint J Posted 10 February, 2010 Posted 10 February, 2010 From todays Guardian Fiver... FOR WHOM THAT ANNOYING BELL TOLLS Fans of rich-again Southampton were overcome by relief this afternoon after a high court judge granted their south-coast neighbours Portsmouth a stay of execution, meaning Pompey will remain in existence long enough to be mercilessly taunted by them, waving wads of Monopoly money and fake-sheikh headgarb during Saturday's impendingly-boisterous FA Cup tie at St Mary's. Why the f*8k would we want to wear "fake-sheikh headgarb"? more **** reporting from the Guardian!!!
andysstuff Posted 10 February, 2010 Posted 10 February, 2010 it's almost as if the Pompey directors are actively trying to get liquidated.I wonder if liquidation is actually an advantage to Gaydamak? The thought had struck me - they seemed determined to go to court instead of admin today.
Arizona Posted 10 February, 2010 Posted 10 February, 2010 Ha! Just seen Storrie on the news. When asked who would want to buy PFC he basically said, "it's a fantastic club, great supporters, unique city blah blah." Completely avoided the question.
Merovingian Posted 10 February, 2010 Posted 10 February, 2010 er, dont be so sure about that. will be lot lower than that, 1 below conference south probably there is no way a new club would be allowed to start in the conference as I understand it from things already put in motion thats the level thats been talked about with various governing bodies and no to the poster who mentioned do I still believe Storrie - of course I don't - never have lol
Evil Monkey Posted 10 February, 2010 Posted 10 February, 2010 I want to kill that Indian Arsenal fan on SSN.
bridge too far Posted 10 February, 2010 Posted 10 February, 2010 Ha! Just seen Storrie on the news. When asked who would want to buy PFC he basically said, "it's a fantastic club, great supporters, unique city blah blah." Completely avoided the question. And did you notice his body language? Not that I really want to look at his body any longer than necessary! But VERY shifty. "We've got two serious buyers interested but I can't tell you who they are. I was working all night on a possible deal" Do you know - I'm sure I've heard that before somewhere
Merovingian Posted 10 February, 2010 Posted 10 February, 2010 you lot will love this - rumoured 3rd consortium headed by Barry Fry who would be chairman plus manager to save cash lol
krissyboy31 Posted 10 February, 2010 Posted 10 February, 2010 as I understand it from things already put in motion thats the level thats been talked about with various governing bodies and no to the poster who mentioned do I still believe Storrie - of course I don't - never have lol Pretty sure it would have to be the same place AFC Wimbledon and Aldershot Town started which is the Zamaretto South and West (old Southern League).
JRM Posted 10 February, 2010 Posted 10 February, 2010 They have to prove that they aren't insolvent and the only way to do that is for someone to give them lots of money right now. That just isn't going to happen. There outgoings seriously outstrip their incomings and they've not a pot to ****** in. It's game over. you are still making assumptions. lets wait and see.
Merovingian Posted 10 February, 2010 Posted 10 February, 2010 Pretty sure it would have to be the same place AFC Wimbledon and Aldershot Town started which is the Zamaretto South and West (old Southern League). apparently not as core attendance also comes into it, also the fact that we are 3 divisions higher than AFC Wimbledon or Aldershot were at their juncture - I was also surprised at this but as I understand it thats the likelyhood.
pedg Posted 10 February, 2010 Posted 10 February, 2010 you lot will love this - rumoured 3rd consortium headed by Barry Fry who would be chairman plus manager to save cash lol Will he be stadium announcer as well?
aintforever Posted 10 February, 2010 Posted 10 February, 2010 Storrie was obviously lying in that interview, you would have to be completely insane to buy that club now when you could get at after admin for a fraction of the price, and even then it's not much of an investment.
View From The Top Posted 10 February, 2010 Posted 10 February, 2010 you are still making assumptions. lets wait and see. No, I'm not. HMRC and the judge have said they are insolvent and they have a week to prove they are not. If they can't they are gone for good. That my friend is fact.
View From The Top Posted 10 February, 2010 Posted 10 February, 2010 apparently not as core attendance also comes into it, also the fact that we are 3 divisions higher than AFC Wimbledon or Aldershot were at their juncture - I was also surprised at this but as I understand it thats the likelyhood. That's quite interesting.
krissyboy31 Posted 10 February, 2010 Posted 10 February, 2010 Storrie was obviously lying in that interview, you would have to be completely insane to buy that club now when you could get at after admin for a fraction of the price, and even then it's not much of an investment. I don't think he actually knows how to tell the truth any more, if indeed he ever did.
Merovingian Posted 10 February, 2010 Posted 10 February, 2010 the proper football fans of pompey have not been sitting idly, should worst come to worst things like finance, managers, league level, budgets, ground etc have all already been worked upon and the various bodies approached. You would be surprised just how much goes into raising a new club at professional level.
Super_Saint Posted 10 February, 2010 Posted 10 February, 2010 Would be a laugh if we were the last team to beat them if they go out of business.
dubai_phil Posted 10 February, 2010 Posted 10 February, 2010 Where have you got that from Dubai_Phil? Did you write it? yep just an idea that came to me while reading the 6 pages posted while I was golfing
Wade Garrett Posted 10 February, 2010 Posted 10 February, 2010 That's just nerves. They are well and truely up s*** creek, only a rich (and deranged) investor can save them now. At the start of the week being would up seemed a remote possibility, it's almost as if the Pompey directors are actively trying to get liquidated. I wonder if liquidation is actually an advantage to Gaydamak? I thought that a while ago. The club goes to the wall, and all of a sudden Gaydamak's land around the ground, as well as Chanrai's land (the ground itself), suddenly has worth for development potential. And they don't have to pay back any of the money they have siphoned from the club when it gets liquidated. We can only hope.
Recommended Posts