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Pompey Takeover Saga

Fitzhugh Fella

By Fitzhugh Fella
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pallidcreatures

pallidcreatures

Posted
Posted

If the fat lady sings, what song will she sing?

 

I'll kick us off with Dylan's "It's all over, baby blue"... its got some great lyrics...

 

"Look out the saints are comin' through

And it's all over now, Baby Blue."

 

Any other ideas in case she's taking requests?

qwertySFC

qwertySFC

Posted
Posted (edited)
Getting difficult to seperate the real comments from ours on the News threads....love the 'Lets not pay taxes in protest' comment...like the pikey tw*ts pay any!

 

SWF posters so far if i recall have been TCWTB TCWTB2 , toaster, PUPMarian , USkateC , US baggage handler , OBE 4 AA , plus many more and one og my favourites was Nail in the coughing

Edited by qwertySFC
tony13579

tony13579

Posted
Posted (edited)

The news

mark: Sorry we've had no news from the court for a while - as i said earlier, court officials made it clear today that, unlike yesterday, reporters caught using phones in court to text or tweet would be told to leave.

 

 

Chris has just txtd to say he's dashed out of court during a break, so he'll be sending more soon.

 

Mark: Agree with The Joker. It's very frustrating not to be able to get as many updates as we'd like. Courts aren't really geared up to today's technology and unfortunately, if they say we can't do something, then we disobey at our peril. No point in Chris being ejected - he wouldn't be able to file anything then.

 

 

In some big criminal cases now, and ante-room with an audi link is set up from where reporters can file at will during proceedings - but no such facility at today's hearing.

Edited by tony13579
EastleighSoulBoy

EastleighSoulBoy

Posted
Posted
SWF posters so far if i recall have been TCWTB TCWTB2 , toaster, PUPMarian , USkateC , US baggage handler , OBE 4 AA , plus many more and one og my favourites was Nail in the coughing

 

TMWTD but I didn't get many accepted.

OldNick

OldNick

Posted
Posted
Lol noticed Corp Ho posting on the news feed, so thats where he has gone.

 

Wonder if he told them about Riquelme

it won't be Ho as he/it only posts when they are doing well
OldNick

OldNick

Posted
Posted

Mark:

Sorry we've had no news from the court for a while - as I said earlier, court officials made it clear today that, unlike yesterday, reporters caught using phones in court to text or tweet would be told to leave.

 

Chris has just txtd to say he's dashed out of court during a break, so he'll be sending more soon.

 

 

So why does he txt to say he has come out of court and will send more when he could just send the info in the first txt !!!!

Under Weststand

Under Weststand

Posted
Posted
Comment From Pastyman72 Pastyman72 : ]

@ Toaster - Image rights are not just about merchandising. It's also about the value of certain individuals when it comes to raising the clubs profile and securing additional sponsorship. Saying it's about selling X number of shirts is simplifying things a little.

 

So that accounts for about £10 then what about the rest :rolleyes:

Rusty

Rusty

Posted
Posted
Havent the blue lawyers just confirmed that it was indeed an advance of their parachute payments in thehigh court?

Unknown, depends is the transcript is word for word or just an quick interpretation.

SW5 SAINT

SW5 SAINT

Posted
Posted
Pretty sure the monies forwarded earlier were not actual parachute payments, but an advance on TV money

 

I should have thought these were "parachute payments" until it was confirmed you were actually going to stay up! There is no way 11mil would be offer in the Championship as TV money!!

saint_stevo

saint_stevo

Posted
Posted
SWF posters so far if i recall have been TCWTB TCWTB2 , toaster, PUPMarian , USkateC , US baggage handler , OBE 4 AA , plus many more and one og my favourites was Nail in the coughing

 

Lyrical Dancer

 

No more cruciate

saintjay77

saintjay77

Posted
Posted
SWF posters so far if i recall have been TCWTB TCWTB2 , toaster, PUPMarian , USkateC , US baggage handler , OBE 4 AA , plus many more and one og my favourites was Nail in the coughing

 

BlueJay (trying to be a bit more subtle lol) is me. My last comment hasnt appeared yet and its been a while so I doubt it will get on now. Had a coded message all in capitols. lol

tony13579

tony13579

Posted
Posted

The news

mark: Mr sheldon painted a domesday scenario for the judge if he fails to back the club in his verdict.

 

 

He said if the revenue won the club 'in all likelihood would go into liquidation'.

 

 

He said it would prevent mr chainrai becoming the new owner.

 

 

'there is no other purchaser. The only other way in which this club can move forward is through this proposed sale.

 

 

'of course, there may be problems ahead, i do not doubt that.'

 

 

mr sheldon said hmrc wanted pompey to be placed in liquidation and that the taxman claimed if this happened 'the demise of the club was not inevitable'.

 

 

But mr sheldon told the judge this was exactly what would happen.

 

 

He added: 'if the club is not sold or very nearly sold by the start of the season it will clearly be relegated out of the football league.

 

 

'this will happen because the administrators cannot give the assurances needed that the season's fixtures can be completed.

 

 

'it will then go out of the football league and into some distant league, but the reality is that it will probably go into liquidation because the administrators will not be able to fund the continued business.'

 

 

he continued: 'the evidence for this is quite clear. Mr andronikou is quite clear about what the consequences would be if the cva fails.'

Under Weststand

Under Weststand

Posted
Posted

spacer.gif

Mark:

Mr Sheldon painted a Domesday scenario for the judge if he fails to back the club in his verdict.

He said if the Revenue won the club 'in all likelihood would go into liquidation'.

He said it would prevent Mr Chainrai becoming the new owner.

'There is no other purchaser. The only other way in which this club can move forward is through this proposed sale.

'Of course, there may be problems ahead, I do not doubt that.'

Mr Sheldon said HMRC wanted Pompey to be placed in liquidation and that the taxman claimed if this happened 'the demise of the club was not inevitable'.

But Mr Sheldon told the judge this was exactly what would happen.

He added: 'If the club is not sold or very nearly sold by the start of the season it will clearly be relegated out of the football league.

'This will happen because the administrators cannot give the assurances needed that the season's fixtures can be completed.

'It will then go out of the Football League and into some distant league, but the reality is that it will probably go into liquidation because the administrators will not be able to fund the continued business.'

He continued: 'The evidence for this is quite clear. Mr Andronikou is quite clear about what the consequences would be if the CVA fails.' Wednesday August 4, 2010 16:31 Mark

 

just in
Matthew Le God

Matthew Le God

Posted
Posted (edited)

Getting desperate...?

 

Painting doomsday scenario's isn't the best legal argument I would think to impress a high court judge.

 

Mr Sheldon painted a Domesday scenario for the judge if he fails to back the club in his verdict.

He said if the Revenue won the club 'in all likelihood would go into liquidation'.

He said it would prevent Mr Chainrai becoming the new owner.

'There is no other purchaser. The only other way in which this club can move forward is through this proposed sale.

'Of course, there may be problems ahead, I do not doubt that.'

Mr Sheldon said HMRC wanted Pompey to be placed in liquidation and that the taxman claimed if this happened 'the demise of the club was not inevitable'.

But Mr Sheldon told the judge this was exactly what would happen.

He added: 'If the club is not sold or very nearly sold by the start of the season it will clearly be relegated out of the football league.

'This will happen because the administrators cannot give the assurances needed that the season's fixtures can be completed.

'It will then go out of the Football League and into some distant league, but the reality is that it will probably go into liquidation because the administrators will not be able to fund the continued business.'

He continued: 'The evidence for this is quite clear. Mr Andronikou is quite clear about what the consequences would be if the CVA fails.'

Edited by Matthew Le God
Rusty

Rusty

Posted
Posted
I should have thought these were "parachute payments" until it was confirmed you were actually going to stay up! There is no way 11mil would be offer in the Championship as TV money!!

Advance on a portion of the Premier League money for the season 09/10, it's not dished out in one huge lump sum, but spread across the course of the season.

Gingeletiss

Gingeletiss

Posted
Posted

So their main defence is boo hoo! back us or lose us sob sob

 

 

Mr Sheldon painted a Domesday scenario for the judge if he fails to back the club in his verdict.

He said if the Revenue won the club 'in all likelihood would go into liquidation'.

He said it would prevent Mr Chainrai becoming the new owner.

'There is no other purchaser. The only other way in which this club can move forward is through this proposed sale.

'Of course, there may be problems ahead, I do not doubt that.'

Mr Sheldon said HMRC wanted Pompey to be placed in liquidation and that the taxman claimed if this happened 'the demise of the club was not inevitable'.

But Mr Sheldon told the judge this was exactly what would happen.

He added: 'If the club is not sold or very nearly sold by the start of the season it will clearly be relegated out of the football league.

'This will happen because the administrators cannot give the assurances needed that the season's fixtures can be completed.

'It will then go out of the Football League and into some distant league, but the reality is that it will probably go into liquidation because the administrators will not be able to fund the continued business.'

He continued: 'The evidence for this is quite clear. Mr Andronikou is quite clear about what the consequences would be if the CVA fails.'

trousers

trousers

Posted
Posted
Mark:

Mr Sheldon painted a Domesday scenario for the judge if he fails to back the club in his verdict.

He said if the Revenue won the club 'in all likelihood would go into liquidation'.

He said it would prevent Mr Chainrai becoming the new owner.

'There is no other purchaser. The only other way in which this club can move forward is through this proposed sale.

'Of course, there may be problems ahead, I do not doubt that.'

Mr Sheldon said HMRC wanted Pompey to be placed in liquidation and that the taxman claimed if this happened 'the demise of the club was not inevitable'.

But Mr Sheldon told the judge this was exactly what would happen.

He added: 'If the club is not sold or very nearly sold by the start of the season it will clearly be relegated out of the football league.

'This will happen because the administrators cannot give the assurances needed that the season's fixtures can be completed.

'It will then go out of the Football League and into some distant league, but the reality is that it will probably go into liquidation because the administrators will not be able to fund the continued business.'

He continued: 'The evidence for this is quite clear. Mr Andronikou is quite clear about what the consequences would be if the CVA fails.' Wednesday August 4, 2010 16:31 Mark

 

So, by logical extension, criminals shouldn't be sent to prison as it will ruin their livelihoods?

stevegrant

stevegrant

Posted
Posted
Advance on a portion of the Premier League money for the season 09/10, it's not dished out in one huge lump sum, but spread across the course of the season.

Wasn't it the UHY-appointed lawyers who said it was advanced parachute payments rather than advanced TV/Premier League money?

Shufty Zubrik

Shufty Zubrik

Posted
Posted

'It will then go out of the Football League and into some distant league, but the reality is that it will probably go into liquidation because the administrators will not be able to fund the continued business.'

He continued: 'The evidence for this is quite clear. Mr Andronikou is quite clear about what the consequences would be if the CVA fails.' Wednesday August 4, 2010 16:31 Mark

 

Please, Please Mr Justice Mann, just do it. Its the right thing for civilisation as we know it.

marc_saint

marc_saint

Posted
Posted

Gotta be someone from on here.................

 

[Comment From jagermeister ]

I think it should be televised. Pay per view even extra £'s for our club not to pax tax on ;)

Wurzel

Wurzel

Posted
Posted
So, by logical extension, criminals shouldn't be sent to prison as it will ruin their livelihoods?

 

Fair comparison. Suppose none of them have started bleating about their human rights to play / watch football yet

Under Weststand

Under Weststand

Posted
Posted

So its down to the Judge to back the CVA not decide if its legal or not, I thought that was his brief here??

Pure and simple they have been cheating for the last 4-years & are continuing to try to cheat people out of moneys owed. That seems like a pretty pathetic closing statement, The judge is not interested if its a doomsday scenario, only interested in the facts of the case.

Pull the plug me-lord CHEATING BAST***S!

itchen_dan

itchen_dan

Posted
Posted

Ive been following the "Hijacked" link and Dan Roan's twitter http://twitter.com/danroan and it goes to show how deep in the sh** they are! The fact that PL clubs wanted to boot them out says it all, they have been ridiculously stupid at managing their finances and then the rest of the league had turned on them.

sussexsaint

sussexsaint

Posted
Posted
Well, if anybody had any doubts that Pompey are bricking it, there it is.

 

indeed, WTF does, 'if you don't back us we'll go into liquidation' have to do with the whether or not a CVA is valid or not.

 

Thats the final straw for me any sympathy gone , they can just FOAD now and as soon as possible please.

 

emotionally blackmailing the judge jeeze - what about the bloody small business' and charities who are only getting 20p in the £?

Smirking_Saint

Smirking_Saint

Posted
Posted

clearly the pompey legal team are sh*tting it with a closing statement designed to tug on the heart strings, what is worse is that it would probably work. At the end of the day they are criminal, but if the judge has any doubt he will probably lean towards the portsmouth community IMO.

 

Indeed its emotional blackmail, the c*nts, a last despicable act from a despicable club.

 

Lets just hope that the HMRC's case is too strong for that scenario.

Merovingian

Merovingian

Posted
Posted
Wasn't it the UHY-appointed lawyers who said it was advanced parachute payments rather than advanced TV/Premier League money?

 

the CVA schedule of payment showing monies in and out will be the hard evidence I suspect not necessarily what the lawyer has determined that payment was for

Chin Strain

Chin Strain

Posted
Posted
SWF posters so far if i recall have been TCWTB TCWTB2 , toaster, PUPMarian , USkateC , US baggage handler , OBE 4 AA , plus many more and one og my favourites was Nail in the coughing

 

Just got one in...see if you can spot it....:suspicious:

trousers

trousers

Posted
Posted
Just got one in...see if you can spot it....:suspicious:

 

I see what you did there, very covert..... :-)

 

[Comment From Strained Chin: ]

So, the Doomesday scenario is the line of defence? Don't let them win because we'll go into liquidation. Interesting path to follow

saintjay77

saintjay77

Posted
Posted
clearly the pompey legal team are sh*tting it with a closing statement designed to tug on the heart strings, what is worse is that it would probably work. At the end of the day they are criminal, but if the judge has any doubt he will probably lean towards the portsmouth community IMO.

 

Indeed its emotional blackmail, the c*nts, a last despicable act from a despicable club.

 

Lets just hope that the HMRC's case is too strong for that scenario.

 

I cant believe there closing statement basically says approve the CVA so Chainrai can pick the club up for a snip or he walks away. Its like they are telling the judge that was Chainrai's plan the whole time and its down to the judge to sign it off!!

 

Incredible!

Torres

Torres

Posted
Posted

I can see it tomorrow:

 

"Whilst Mr Sheldon did paint a very gloomy picture indeed for the club and it's many hundreds of fans should I find against them, I find myself with no other option but to do that. This CVA was, as Mr Mitchell desicbed it 'a sham' This appeal is upheld."

 

 

Cue thunderous laughter from all SO postcodes... :lol:

 

:poundit:

OldNick

OldNick

Posted
Posted

the Registrar was fooled/lulled by the 'what will happen scenario' is this judge made of the right stuff?

To be fair if i was put in the situation and as much as some of the Skates annoy me, and my feelings of the injustice they have served up i couldn't pull the plug..........although

fish fingers

fish fingers

Posted
Posted
I can see it tomorrow:

 

"Whilst Mr Sheldon did paint a very gloomy picture indeed for the club and it's many hundreds of fans should I find against them, I find myself with no other option but to do that. This CVA was, as Mr Mitchell desicbed it 'a sham' This appeal is upheld."

 

 

Cue thunderous laughter from all SO postcodes... :lol:

 

:poundit:

 

and hopefully the tv cameras focus in on TCWTB crying his scabby eyes out in front of the court.

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