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Pompey Takeover Saga

Fitzhugh Fella

By Fitzhugh Fella
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Thedelldays

Thedelldays

Posted
Posted
Talksport are taking calls on it this hour. Someone phone up and tell them we've known all this stuff for months but no one would listen

finally, the "feel sorry for pompey" attitude has gone..

View From The Top

View From The Top

Posted
Posted
So if they are still in admin come the start of the season and then get taken over during the season with out a CVA being agreed then the points deduction will be 2011/12 season?

 

They have to come out of admin having paid off, in full, all of their footballing debts or its minus points.

krissyboy31

krissyboy31

Posted
Posted
I hope you're right or they could start next season with no points deduction, unless The Football League impose the deduction during the season if they come out of admin with no CVA.

 

How do they intend to fund the season if they're still in Administration, with their parachute payments hived off by the FL to pay the football debt? Seems AA is struggling to get them to the end of this season and only because Chanrai has funded it.

Thedelldays

Thedelldays

Posted
Posted
It says in the document that they want to protect their Academy status, yet, they owe significant money to KES, Cowplain School, HMS Collingwood, all academy venues that probably will not count as football debts.

 

The more you look at the list of creditors it seems amazing that more people have not taken them to court, there are a number of significant debts for local businesses. Difficult to defend that they have not been trading insolvently.

collingwood closed the gates on them about 2 months ago or so (not too sure if they are back)

 

they were also thrown out of HMS Dryad once before in the past too

Gorgiesaint

Gorgiesaint

Posted
Posted

Yes - Barry Hearne on Talksport

 

Bigger issue here - it is an offence to trade whilst insolvent - someone has been running this business, you can't get £100m in debt without knowingly trade insolvent. Other clubs are not livinbg in the real world - its cheating. Spurs beaten by a side who they couldn't afford.

 

The poor fans is just a smokescreen.

Ponty

Ponty

Posted
Posted
Barry Hearn on Portsmouth FC: "it's cheating"

 

Amen

He said the same about us. Basically, although he may be correct this time, Barry Hearn is a helmet.

Crab Lungs

Crab Lungs

Posted
Posted
The more this runs, the more people will demand that pompey will be "made an example of" for the good of football

 

Dirty, cheating, disgusting, revolting bast4rds... about time.

70's Mike

70's Mike

Posted
Posted
Good coverage on South Today focussing particularly on charities and schools losing money owed to them by the

 

CHEATS

 

did not see anything on Meridian, did i miss it?

Thedelldays

Thedelldays

Posted
Posted
Dirty, cheating, disgusting, revolting bast4rds... about time.

one thing though, it highlights other costs in running a football club...again with our spending I still cant imagine that we are breaking even..

 

anyway, they are cheating bastards

70's Mike

70's Mike

Posted
Posted
one thing though, it highlights other costs in running a football club...again with our spending I still cant imagine that we are breaking even..

 

anyway, they are cheating bastards

 

lots of differences like we do not have to rent pitches for our academy sides

Crab Lungs

Crab Lungs

Posted
Posted (edited)

Spot on, saints fan. Spot on.

 

Text from WBA fan also spot on..

 

Stan Collymore wants them closed down completely... some might not agree with me, but I've always like SC.

Edited by Crab Lungs
Thedelldays

Thedelldays

Posted
Posted
lots of differences like we do not have to rent pitches for our academy sides

of course..im not saying we have as many costs..

but when people claim we must be living within our means as our cup run and gate receipts add up to the same amount as the transfers is way too simplistic

 

I just hope we never go through that again

 

the saints fan on talksport made good points

 

talksport want pompey cut adrift, thrown out of the cup and made a proper example...I feel this will build and build..happy days

Matthew Le God

Matthew Le God

Posted
Posted
Collymore - EPL should stop all remaining matches, FA should throw them out of cup, PFC should be wound up NOW.

 

Well done Stan!

 

He seems to forget if that happened the florist and milkman he was concerned about earlier would receive even less.

70's Mike

70's Mike

Posted
Posted

have to laugh

could not see P Storrie or H Redknapp on list

every one else associated with club but not them

got to admire their bare face nerve when in front of the cameras

Gigersaint

Gigersaint

Posted
Posted

Take a look Avram Grant, take a real good look at that Creditors Report, take a look at how many businesses are affected by the gross mis-management at Pompey and try saying again how unfairly 'plucky pompey' have been treated... f*cking muppet.

dubai_phil

dubai_phil

Posted
Posted

24,166 posts. 484 pages and finally the world catches up with us.

 

And yet on page 483, Florida Marlin posted perhaps the single most damning words of all.

 

Somebody should mail that to the Media.

 

FM, well done and thankyou

Crab Lungs

Crab Lungs

Posted
Posted
24,166 posts. 484 pages and finally the world catches up with us.

 

And yet on page 483, Florida Marlin posted perhaps the single most damning words of all.

 

Somebody should mail that to the Media.

 

FM, well done and thankyou

 

 

Spot on. I really, really enjoyed that post.

Gingeletiss

Gingeletiss

Posted
Posted
Stan Collymore on Talksport has continued to rip into them - £3m on image rights - for players who couldn't sell a teacup!!! Says someone should be looking into that (HMRC)

Mark Saggers - should they still be allowed to play in the cup final?

 

Mark Saggers & Danny Kelly agreed on the handover as they were both company directors, if it had been their companies, then they would be in jail by now.

 

They are!

Crab Lungs

Crab Lungs

Posted
Posted (edited)
Can we claim copyright on that? ;)

 

Haha, we should have - Stan Collymore appears to have been following this thread himself!?

 

"Which is it - £70m in debt as testified in court, or £120m and £50m worth extra of debt in the period since?"

 

One way or another, they have been proven insolvent.

Edited by Crab Lungs
dubai_phil

dubai_phil

Posted
Posted

Dear BBC.

 

As regular posters we have been told on numerous occassions to give credit for quotations or sources of information, rumour or speculation.

 

As you clearly read this thread, will you now please give the credit to the information source.

 

Alternatively, you will be hearing from our lawyers, Grabbit, Scratchitt & Runn

Crab Lungs

Crab Lungs

Posted
Posted (edited)

lmao, who is this skate? lmfao!!!

 

"I paid £700, I feel cheated. If you punish Pompey, you punish the fans"

 

Was corrected and told that it is the creditors that have been cheated and the other teams who were outbid by Pompey, who had their finances in order...

Edited by Crab Lungs
Gingeletiss

Gingeletiss

Posted
Posted

Was double A on SSN?

 

 

Waiting for creditors to contact him to confirm monies owing (or not) and get accurate figure. Final debt to them could then go up or down. Says maybe accounts not updated by club properly where creditors have claimed to already have been paid.

 

He doesn't understand the Spurs/Begovic arrangement but is not surprised by it. Pompey will pay £1m only if they have an obligation to do so. Didn't give straight answer on whether this would be settled as football debt i.e. paid before unsecured creditors.

 

Denys inflating liabilities. Awaiting offer from Lloyd group within next few weeks. Other groups awaiting outcome of CVA.

 

He is mumbling so hard to understand him.

Thedelldays

Thedelldays

Posted
Posted

how can anyone possibly take them over

 

ridiculous debts to anyone and everyone

simply NO training facilities

NO academy/youth facilities

complete shed of a ground

 

how can anyone serious take them on right now...????

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