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Pompey Takeover Saga


Fitzhugh Fella

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Lol. Birch says he cannot work with AA as they have a very different attitude to compliance.

 

Glad to see that it has been widely recorded now to the open public what scum AA really is. Not just our opinion but seemingly the opinion of those in the same profession.

 

He is effectively calling AA a cowboy with that comment, which he is!

 

I feel for the true fans of Pompey and want nothing more than them to be the annoying little sibling of ours we had all those years so dont really want them wound up but everything they have done over the last few years just points to cheating in every way shape and form. Even the administrator appointed to look out for the creditors (AA) are bent FFS!

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Nope. Don't believe we would have been.

 

Leon Crouch and Mary Corbett stated at a meeting I was at, that we couldn't go into administration, as soon as the club ran out of money it was only liquidation that could be considered. And that was very close. We had run out of time, it was either ML or liquidation.

Edited by derry
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Leon Crouch and Mary Corbett stated at a meeting I was at that we couldn't go into administration as soon as the club ran out of money it was only liquidation that could be considered. And that was very close. We had run out of time it was either ML or liquidation.

But we did go into administration :?

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Appointment of Birch could be a win/win for all.

 

Option 1 - he liquidates them.

 

Option 2 - he finds a buyer whilst making the necessary cuts that result in relegation - cue much crying (and laughter)

 

We could not be disappointed in that scenario....

 

As long as some justice is upheld, option 2 wouldn't be too bad IMHO. As long as it's not the "walk away scot-free on some absurd technicality and/or misleading of the court" that we're all dreading...

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Leon Crouch and Mary Corbett stated at a meeting I was at, that we couldn't go into administration, as soon as the club ran out of money it was only liquidation that could be considered. And that was very close. We had run out of time, it was either ML or liquidation.

 

As I said, I don't believe it would have happened. As we saw with Portsmouth, the judges don't have the guts to liquidate and certainly when you consider how much smaller our debt was in comparison to theirs. We would have survived somehow.

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You have to laugh, don't you:

 

‘In my conversations with HMRC I’ve always asked them to look at our club and its situation and not bring into it the other sins of football.

 

‘There’s a lot of bad practice in football and a lot of tax that hasn’t been paid, but this is about our club.

Absolutely, Pen. As we know, "your" club does, after all, have such an exemplary record of keeping up to date with it's tax payments.

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Damn this thread.

 

I am working from home today meant to be making calls but this is enthralling and I cannot stop reading!

 

I compare this to how my Mrs must feel when a really good episode of one of her tosh soaps is on TV and she is dead to the world in concentration to the TV!

 

I work at home too. I've lost 2 hours already!! Not even started yet! LOL

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Bob Beech saying that the Premiership and football league washed their hands of them. How about you ensured your club was self sufficient Bob before you complain, then it wouldn't have mattered if your club was dodgy. If they had gone down the route of someone like Milwall and had a sensible wage cap they could afford, then they would have a right to feel aggrieved. Fool.

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Portsmouth fans are putting me off football completely. How can people have such a blatant disregard for even the lightest, diet version of the truth?

 

Not to mention disregard for payments to charity, HMRC, local small businesses and Portsmouth city council. It's truly disgusting. I can't see how 'administration' can be the answer. I'm not a corporate tax lawyer but I find it unreal to think this is a business that's not being wound up. Once is forgivable, twice should be goodbye and good riddance.

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