Chin Strain Posted 30 January, 2012 Share Posted 30 January, 2012 Could it have been vetoed because the offer from Ipswich was not enough to pay off the players contracts. So leaving Poopey worse off in the deal. That's my bet (add in sell on clauses etc) Link to comment Share on other sites More sharing options...
buctootim Posted 30 January, 2012 Share Posted 30 January, 2012 (edited) Their training setup is a portacabin, their ground is secured to a HK loan shark, the land around it is owned by the son of an arms dealer, two of their owners and 1 manager from their last 5 years are in live court proceedings and they are facing a winding up petition. Lol. No need to read 50,000 posts, everything you need to know about how ****ed they are is encapsulated right there. Edited 30 January, 2012 by buctootim Link to comment Share on other sites More sharing options...
Weston Super Saint Posted 30 January, 2012 Share Posted 30 January, 2012 Such a shame then that AA is not in charge of PFC, in his role as administrator of the parent company, with the affairs of PFC being solely the responsibility of its board of directors... Not a shame at all Any court that decides the club are trading whilst insolvent and the debt can be claimed from Lumpitt Excellent news indeed as finally one of the dodgy people in charge of the club could get their comeuppance. So, PFC123, still think things are looking rosey and that 'you'll be fine' - or fined Link to comment Share on other sites More sharing options...
SOTONS EAST SIDE Posted 30 January, 2012 Share Posted 30 January, 2012 Solent says players and staff not been paid Jan's wages. Chinnery and Andy say theres no money from them either!!! CURTAINS FOR THEM!! lol Link to comment Share on other sites More sharing options...
manji Posted 30 January, 2012 Share Posted 30 January, 2012 Apparently the Stewards at Fratton threatening to strike if they dont get paid. Link to comment Share on other sites More sharing options...
manji Posted 30 January, 2012 Share Posted 30 January, 2012 You gotta love them. It just make the Billy Sharp news even better. Link to comment Share on other sites More sharing options...
Matthew Le God Posted 30 January, 2012 Share Posted 30 January, 2012 I think the taxman will be most annoyed if they get a validation order from the court to have its bank accounts unfrozen so that staff wages can be paid. As claimed here... http://www.portsmouthfc.co.uk/LatestNews/news/Portsmouth-Football-Club-Statement-3071.aspx That would then be three months they have decided to pay wages, but not the taxes on those wages. Coventry had to sell Jutkewitcz for money reasons, they wouldn't have had to sell him if they could avoid a £2.4m tax bill. It is an unfair advantage for Pompey over other Championship clubs. Link to comment Share on other sites More sharing options...
MorningtonCrescent Posted 30 January, 2012 Share Posted 30 January, 2012 I think the taxman will be most annoyed if they get a validation order from the court to have its bank accounts unfrozen so that staff wages can be paid. As claimed here... http://www.portsmouthfc.co.uk/LatestNews/news/Portsmouth-Football-Club-Statement-3071.aspx That would then be three months they have decided to pay wages, but not the taxes on those wages. Coventry had to sell Jutkewitcz for money reasons, they wouldn't have had to sell him if they could avoid a £2.4m tax bill. It is an unfair advantage for Pompey over other Championship clubs. A quick google of "validation order" explains that whilst accounts are frozen as soon as a WUP is issued - where there may be a need to pay out (for example: staff wages), the validation order can be granted by a court. HOWEVER, the court would also hear representation that any PAYE or NI that said wages should accrue would HAVE to be paid "on time" (presumambly by the 19/20 of the following month?).... Therefore, any wages paid as a result of a validation order would result in the appropriate PAYE/NI bill being paid almost exactly at the time the WUP would be heard in court..... Link to comment Share on other sites More sharing options...
Winchester Red Posted 30 January, 2012 Share Posted 30 January, 2012 It p1sses me off the suggestion in that article that if the accounts hadn't been frozen they would have paid the players, staff, suppliers, etc (charities?) on time, as they always do, oh yes, every time, without fail, yes siree W*nkers Link to comment Share on other sites More sharing options...
andysstuff Posted 30 January, 2012 Share Posted 30 January, 2012 2 payment instalments due on players this month too. Not looking good is it Link to comment Share on other sites More sharing options...
eurosaint Posted 30 January, 2012 Share Posted 30 January, 2012 Ooooh eck, I'm starting to get just a teeny weeny bit worried about our fishy fiends ! Ho ho ho Link to comment Share on other sites More sharing options...
aintforever Posted 30 January, 2012 Share Posted 30 January, 2012 They can't afford to pay their tax, and now their wages, yet they still turn down £1.6mill from Ipswich so they can continue to field their expensively assembled first eleven. Makes you blood boil when you think of the kids we fielded to try and avoid admin - and we actually got punished by the football league. Cheating skate ****s. Link to comment Share on other sites More sharing options...
revolution saint Posted 30 January, 2012 Share Posted 30 January, 2012 Watch...and well...make your own minds up. http://news.bbc.co.uk/sport1/hi/football/16794206.stm?utm_source=twitterfeed&utm_medium=twitter Did anyone notice a grim reaper (albeit a tiny one) towards the top right of that clip? Link to comment Share on other sites More sharing options...
Waterside.saint Posted 30 January, 2012 Share Posted 30 January, 2012 Ooooh eck, I'm starting to get just a teeny weeny bit worried about our fishy fiends ! Ho ho ho Maybe we should regard this as a late Christmas present Link to comment Share on other sites More sharing options...
ericofarabia Posted 30 January, 2012 Share Posted 30 January, 2012 It p1sses me off the suggestion in that article that if the accounts hadn't been frozen they would have paid the players, staff, suppliers, etc (charities?) on time, as they always do, oh yes, every time, without fail, yes siree W*nkers They are still working the sympathy vote!! Maybe Tal Ben Haim's salary can be used to pay off 15 of the 2000 quid or less debtors or a charity or 2. Link to comment Share on other sites More sharing options...
bpsaint Posted 30 January, 2012 Share Posted 30 January, 2012 Say if they managed to get their bank accounts unfrozen to pay the wages, but didn't bother paying their tax again, could a second WUP by issued by HMRC? Link to comment Share on other sites More sharing options...
JackFrost Posted 30 January, 2012 Share Posted 30 January, 2012 So it's not another "computer error" then Link to comment Share on other sites More sharing options...
mcjwills Posted 30 January, 2012 Share Posted 30 January, 2012 When is the first installment of the first CVA due? Do we think they will actually make a payment to the poor sods that they owe money too. They should have voted for liquidation the first time round, at least they would have got some money, not a lot but some and a golden share would not have been needed, so football creditors rule would not be needed. Link to comment Share on other sites More sharing options...
saints_is_the_south Posted 30 January, 2012 Share Posted 30 January, 2012 So Voldermort is appealing to the fans to support the club and get down to Fratton, he could have told them to not bother trying to pay for a ticket with their debit/credit cards! Link to comment Share on other sites More sharing options...
ericofarabia Posted 30 January, 2012 Share Posted 30 January, 2012 They can't afford to pay their tax, and now their wages, yet they still turn down £1.6mill from Ipswich so they can continue to field their expensively assembled first eleven. Makes you blood boil when you think of the kids we fielded to try and avoid admin - and we actually got punished by the football league. Cheating skate ****s. Plus numerous other clubs who have tried (and some failed whilst trying) to balance the books by selling good players at cut price etc. How much did we lose in accepting one off 1 million up front payments for Theo and Bale and losing out add ons and move on %'s to keep the club afloat, playing kids with cheapest option manager resulting in relegation etc etc. As many have said on here - this isn't anti skatism - it's simply anti cheating bastards who just happen to be connected to the cheating skate bastard club! Link to comment Share on other sites More sharing options...
Viking Warrior Posted 30 January, 2012 Share Posted 30 January, 2012 They are in melt down bank accounts frozen according to breaking news on sky ha ha Link to comment Share on other sites More sharing options...
pedg Posted 30 January, 2012 Share Posted 30 January, 2012 But I thought AA said plans were in place to pay the players! You don't think he lied do you?? What ever next? Link to comment Share on other sites More sharing options...
qwertySFC Posted 30 January, 2012 Share Posted 30 January, 2012 Has Maradonna arrived yet ?? Link to comment Share on other sites More sharing options...
View From The Top Posted 30 January, 2012 Share Posted 30 January, 2012 Matt Slater @mattslaterbbc · Open #pompey woe update: club has asked court to unfreeze bank accounts so staff & suppliers can be paid...cheques in post soon 46mDavid Up North(ish) @S13SFC · Open @mattslaterbbc #saintsfc Perhaps #pompey would be better off paying the taxman than the players but that would mean not cheating & selling Matt Slater @mattslaterbbc Close I'm sure the thought had crossed their mind @S13SFC after all, it will be considerably more than 10pts this time Link to comment Share on other sites More sharing options...
SOTONS EAST SIDE Posted 30 January, 2012 Share Posted 30 January, 2012 So are they not extricably linked then with CSI!!! LOL Link to comment Share on other sites More sharing options...
alehouseboys Posted 30 January, 2012 Share Posted 30 January, 2012 Anyone seen Corpy Ho-ho-ho-and-a-bottle-of-rum? He must have some updates from his friend from the club he sees socially...etc. etc. Link to comment Share on other sites More sharing options...
Dark Munster Posted 30 January, 2012 Share Posted 30 January, 2012 But I thought AA said plans were in place to pay the players! You don't think he lied do you?? What ever next? In fairness he did have a plan ... the JoCa. Not only that, he also had a plan B; to have TCWTB and the rest of the few selling their caravans to come up with £5 million. I'm not sure what plan C is, but I look forward to it with great anticipation. Link to comment Share on other sites More sharing options...
eurosaint Posted 30 January, 2012 Share Posted 30 January, 2012 Here's a classic from the News comments section : blueshirt Monday, January 30, 2012 at 06:31 PM just seen this story on the BBC sports site.. what really annoys me is the headline for the story on that page.. It reads" Pompey fail to pay players wages" which to me, anyway, implies that the players are not being paid because Pompey are at fault and are failing in their contractual obligations, rather than highlighting the fact that they are actually being prevented from fulfilling those obligations by the actions of HMRC in freezing the bank account, which puts an entirely different slant on the story...................by all means BBC, report on the ongoing situation at PFC, but do so fairly, and tell people that it is HMRC who have prevented Pompey from paying their staff wages, rather than that Pompey have "Failed" to do so .......... Link to comment Share on other sites More sharing options...
Crab Lungs Posted 30 January, 2012 Share Posted 30 January, 2012 Here's a classic from the News comments section : blueshirt Monday, January 30, 2012 at 06:31 PM just seen this story on the BBC sports site.. what really annoys me is the headline for the story on that page.. It reads" Pompey fail to pay players wages" which to me, anyway, implies that the players are not being paid because Pompey are at fault and are failing in their contractual obligations, rather than highlighting the fact that they are actually being prevented from fulfilling those obligations by the actions of HMRC in freezing the bank account, which puts an entirely different slant on the story...................by all means BBC, report on the ongoing situation at PFC, but do so fairly, and tell people that it is HMRC who have prevented Pompey from paying their staff wages, rather than that Pompey have "Failed" to do so .......... ...that about sums it up. Close the c()nts down. Link to comment Share on other sites More sharing options...
andysstuff Posted 30 January, 2012 Share Posted 30 January, 2012 Here's a classic from the News comments section : blueshirt Monday, January 30, 2012 at 06:31 PM just seen this story on the BBC sports site.. what really annoys me is the headline for the story on that page.. It reads" Pompey fail to pay players wages" which to me, anyway, implies that the players are not being paid because Pompey are at fault and are failing in their contractual obligations, rather than highlighting the fact that they are actually being prevented from fulfilling those obligations by the actions of HMRC in freezing the bank account, which puts an entirely different slant on the story...................by all means BBC, report on the ongoing situation at PFC, but do so fairly, and tell people that it is HMRC who have prevented Pompey from paying their staff wages, rather than that Pompey have "Failed" to do so .......... I'm just off out, but I hope someone puts him right before I get back. Link to comment Share on other sites More sharing options...
toofarnorth Posted 30 January, 2012 Share Posted 30 January, 2012 Here's a classic from the News comments section : blueshirt Monday, January 30, 2012 at 06:31 PM just seen this story on the BBC sports site.. what really annoys me is the headline for the story on that page.. It reads" Pompey fail to pay players wages" which to me, anyway, implies that the players are not being paid because Pompey are at fault and are failing in their contractual obligations, rather than highlighting the fact that they are actually being prevented from fulfilling those obligations by the actions of HMRC in freezing the bank account, which puts an entirely different slant on the story...................by all means BBC, report on the ongoing situation at PFC, but do so fairly, and tell people that it is HMRC who have prevented Pompey from paying their staff wages, rather than that Pompey have "Failed" to do so .......... They've obviously put a lot of thought into that post, yet have stil failed to realise how ridiculous it is! Link to comment Share on other sites More sharing options...
gaz Posted 30 January, 2012 Share Posted 30 January, 2012 Saints should run out to this at the weekend. Link to comment Share on other sites More sharing options...
sidthesquid Posted 30 January, 2012 Share Posted 30 January, 2012 Here's a classic from the News comments section : blueshirt Monday, January 30, 2012 at 06:31 PM just seen this story on the BBC sports site.. what really annoys me is the headline for the story on that page.. It reads" Pompey fail to pay players wages" which to me, anyway, implies that the players are not being paid because Pompey are at fault and are failing in their contractual obligations, rather than highlighting the fact that they are actually being prevented from fulfilling those obligations by the actions of HMRC in freezing the bank account, which puts an entirely different slant on the story...................by all means BBC, report on the ongoing situation at PFC, but do so fairly, and tell people that it is HMRC who have prevented Pompey from paying their staff wages, rather than that Pompey have "Failed" to do so .......... They really are defective on that island in the swamp, aren't they? Mentally & morally defective. Link to comment Share on other sites More sharing options...
Kingsland Red Posted 30 January, 2012 Share Posted 30 January, 2012 They have 24 hours ish to sell players then. But why haven't they tried to sell anyone they can? Otherwise the big wage bills will keep coming. Surely someone would take Huselklepp, Lawrence, Kitson, Pearce, Henderson off their hands? Save them about 75k per week I'd think. It's a start at least. mmmmm Pearce would be handy at centre back ! Link to comment Share on other sites More sharing options...
ringwood Posted 30 January, 2012 Share Posted 30 January, 2012 'no income tax, no vat no wages, for poor pompey ................. ................... ................... Viva hmrc god bless hmrc c'est magnifique hmrc' now someone must be able to make this scan so we can chant it loud and proud Link to comment Share on other sites More sharing options...
spyinthesky Posted 30 January, 2012 Share Posted 30 January, 2012 Wonder what the sitation is with payment fro use of their training ground at Stoneham Lane? The Youth Academy used to train next door at Stoneham Park (ex AC Delco's) but they have recently been given their marching orders due to payment issues Link to comment Share on other sites More sharing options...
Frank's cousin Posted 30 January, 2012 Share Posted 30 January, 2012 Makes you blood boil when you think of the kids we fielded to try and avoid admin - and we actually got punished by the football league. Cheating skate ****s. That's what that Corpse always fails to understand - he thinks we are bitter about our local rivals winning a trophy - NO, If they were simply a well run club that had invested soundly and this had led to success, I would be bitter and twisted for sure like any Saint would be - but its the fact that by buying that side and paying stupid wages without a long term secured plan in place to mange the debt that created... to continue to dig deeper into debt and end up avoiding paying for it ((not a penny to date)) - without so much as slapped wrist from the FL, continue to play a squad beyond their means, whilst teh FL know full well that if they let them go down, it effects the integrity of the league.... whilst we played kids to try and avoid it and in doing so were doomed to L1 and with -10 and they were laughing - thats why I no longer have any sympathy for them... because I know that some how they will probably get away with it again - so the FL can avoid losing face - The FL have shown themselves to be just as bad as Portsmouth in all this... total lack of sporting integrity. Link to comment Share on other sites More sharing options...
trousers Posted 30 January, 2012 Share Posted 30 January, 2012 Hark....is that the sound of pennies I hear dropping from yonder...? @pn_neil_allen: Chainrai, Andronikou, Kushnir continue to do their worst. Will #Pompey ever be rid of them. Plan B anyone? http://t.co/cIzBIqth Link to comment Share on other sites More sharing options...
ooh it's a corner Posted 30 January, 2012 Share Posted 30 January, 2012 - The FL have shown themselves to be just as bad as Portsmouth in all this... total lack of sporting integrity. I agree with you, but I don't think the FL will end up doing nothing. They are just keeping their powder dry until all of the dirty laundry has been aired. If Mssrs Storrie, Mandaric and Redknapp feel the force of the law, and Portsmouth go into administration, prior to the 20th Feb, (if they last to 20th Feb, I do not believe there is a court in the land that would let them off this time), then watch a hefty points penalty coming from the FL. Irregular payments to agents is one thing, irregular payments from Owner to Manager is worth a heap of points on its own. Link to comment Share on other sites More sharing options...
Colinjb Posted 30 January, 2012 Share Posted 30 January, 2012 I agree with you, but I don't think the FL will end up doing nothing. They are just keeping their powder dry until all of the dirty laundry has been aired. If Mssrs Storrie, Mandaric and Redknapp feel the force of the law, and Portsmouth go into administration, prior to the 20th Feb, (if they last to 20th Feb, I do not believe there is a court in the land that would let them off this time), then watch a hefty points penalty coming from the FL. Irregular payments to agents is one thing, irregular payments from Owner to Manager is worth a heap of points on its own. Save it all up for one big punishment. Don't want them whining "oh.... but we've already been punished for thaaaaaaaaaaaaaat one!!!! Be niiiiicceee!" They try that enough already. Link to comment Share on other sites More sharing options...
Sheaf Saint Posted 30 January, 2012 Share Posted 30 January, 2012 Just seen this on Facebook... Link to comment Share on other sites More sharing options...
dubai_phil Posted 30 January, 2012 Share Posted 30 January, 2012 So it's bitter cold here tonight, down to 12. Notice it's -5 in Scotland and over in Poland they've managed to get to -29 Still good to know that poopey will beat the lot of them by the weekend with about -30 forecast Oh yeah - forecast - about the only loan player they'll be able to get in Link to comment Share on other sites More sharing options...
alehouseboys Posted 30 January, 2012 Share Posted 30 January, 2012 'no income tax, no vat no wages, for poor pompey ................. ................... ................... Viva hmrc god bless hmrc c'est magnifique hmrc' now someone must be able to make this scan so we can chant it loud and proud This has been suggested elsewhere... "No income tax, no VAT, No Prem'ship points off Man City, In the dock, face so pale, 'arry Redknapps' going to jail!" Link to comment Share on other sites More sharing options...
Dr Who? Posted 30 January, 2012 Share Posted 30 January, 2012 They are still going then? Also no points deduction yet?! Link to comment Share on other sites More sharing options...
Channon's Sideburns Posted 30 January, 2012 Share Posted 30 January, 2012 Haha From Twitter...the delusion continues. Mike Hall @PfcBrad @bobbeech @Talkbet NEVER been a better time to buy Pompey, cheap and all land available cheap. Never been less wanting to though. Link to comment Share on other sites More sharing options...
Channon's Sideburns Posted 30 January, 2012 Share Posted 30 January, 2012 Or.... Chris Lewis Here's an idea, could #Pompey sell the naming rights of Fratton Park to raise the money? Or would BC have control over that? 6 minutes ago via Mobile Web Link to comment Share on other sites More sharing options...
MOSaint Posted 30 January, 2012 Share Posted 30 January, 2012 Or.... Chris Lewis Here's an idea, could #Pompey sell the naming rights of Fratton Park to raise the money? Or would BC have control over that? 6 minutes ago via Mobile Web Yeah, sell the naming rights to Jobcentre plus, watch attendances rise back to PL levels. Link to comment Share on other sites More sharing options...
saintjay77 Posted 30 January, 2012 Share Posted 30 January, 2012 Here's a classic from the News comments section : blueshirt Monday, January 30, 2012 at 06:31 PM just seen this story on the BBC sports site.. what really annoys me is the headline for the story on that page.. It reads" Pompey fail to pay players wages" which to me, anyway, implies that the players are not being paid because Pompey are at fault and are failing in their contractual obligations, rather than highlighting the fact that they are actually being prevented from fulfilling those obligations by the actions of HMRC in freezing the bank account, which puts an entirely different slant on the story...................by all means BBC, report on the ongoing situation at PFC, but do so fairly, and tell people that it is HMRC who have prevented Pompey from paying their staff wages, rather than that Pompey have "Failed" to do so .......... just Link to comment Share on other sites More sharing options...
Gemmel Posted 30 January, 2012 Share Posted 30 January, 2012 I've been mulling around a number of scenarios and not sure which one is most likely, but i'm sure one of them comes close. lumpitt is playing a dangerous game if he is vetoing sales that enables creditors to be paid, he could become personally liable. I am guessing his reasoning is the parachute money, will fill the hole....when it arrives and selling the better players will make the club less attractive to potential buyers. He has already said he will ask for some parchute money to be paid early, so I think we can assume that was his first port of call.......... So 1) Have they said "No" 2) Have they said "Yes, but that gives you sporting advantage, so you can have it but with a points deduction" 3) Have they said "You can have it, if you can prove you can still pay the CVA on top of what we advance you" (Which might suggest the figures don't add up) 4) Have they said "You get the advance, but it goes straight to the tax man and staff wages and you don't get as much (Lost interest etc.) as you would have done" We know they are not adverse to advancing money and we know that lumpitt said thats what he was going to try and do........... So something doesn't add up, I wonder if someone has finally got some teeth. Link to comment Share on other sites More sharing options...
Torres Posted 30 January, 2012 Share Posted 30 January, 2012 Oh God. Claridge (skate ******) just asking on 5Live how HMRC have "allowed" the Skates to get into £1.6m debt with them. Erm, because they didn't pay their tax bill for 2 months, Steve. It's not the fault of HMRC, you ****. Link to comment Share on other sites More sharing options...
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