RedAndWhite91 Posted 31 December, 2009 Share Posted 31 December, 2009 Arent you like 18? Yeah, and in my short lifetime (well, short compared to most of you on here) I have hated them for, well, since I can remember. Link to comment Share on other sites More sharing options...
krissyboy31 Posted 31 December, 2009 Share Posted 31 December, 2009 More like the file wasn't able to get though the bank vault safe. Use Dynamite next time guys, you might just get lucky. Link to comment Share on other sites More sharing options...
hamster Posted 31 December, 2009 Share Posted 31 December, 2009 For the brave it might be worth whacking a few quid on Coventry to turn them over on Saturday, their morale will be almost as low as their morals. Link to comment Share on other sites More sharing options...
S-Clarke Posted 31 December, 2009 Share Posted 31 December, 2009 I work in the finance industry, and if a company are late in paying you can ask them to produce evidence from the bank confirming this, if there really has been a problem. It is a classic grasping at straws, trying to squeeze out another few days to get some cash in. my guess is there is a player sale going through which may give them some cash by mid-way through next week and they are stalling until then. it also seems to suggest (as has been thought all along) that the wage money is transferred from another account a few days before the end of every month, the money is never ever sat in PFC's accounts. Link to comment Share on other sites More sharing options...
St Marco Posted 31 December, 2009 Share Posted 31 December, 2009 file probably didn't open because it had a dirty skate virus on it! Link to comment Share on other sites More sharing options...
saintbletch Posted 31 December, 2009 Share Posted 31 December, 2009 Have any of the Pompey players offered to defer their wages during their "problems"? If I remember correctly a few of our pros made that offer. No matter how shallow and badly timed it might have appeared at the time. Link to comment Share on other sites More sharing options...
Sheaf Saint Posted 31 December, 2009 Share Posted 31 December, 2009 it also seems to suggest (as has been thought all along) that the wage money is transferred from another account a few days before the end of every month, the money is never ever sat in PFC's accounts. In which case their financial affairs need to be thoroughly investigated, because there can only be one reason why they would do this and that would be to disguise the state of their finances. Not for the first time, something very fishy is going on at PFC. Link to comment Share on other sites More sharing options...
Yeovil Saint Posted 31 December, 2009 Share Posted 31 December, 2009 it also seems to suggest (as has been thought all along) that the wage money is transferred from another account a few days before the end of every month, the money is never ever sat in PFC's accounts. That's pretty standard, your average bank account doesn't attract much interest so if you're talking about millions, (the payroll that I used to deal with was £3.5m-£4m per month) then you move it into the account to arrive on the day before it's meant to go out. But in all the time I did it, I never got it wrong, it's not a difficult job to do, it only becomes difficult if you don't have the money. As it seems like even the directors of PFC don't know what's going on then that would explain the confusion at FP. Link to comment Share on other sites More sharing options...
Fitzhugh Fella Posted 31 December, 2009 Author Share Posted 31 December, 2009 Yeah they have to be paid by 4pm or the banks can't do it until tuesday or something. What ****es me off is that if it was a non prem club doing that they would of had the book thrown at them. I know it is Portsmouth and were rivals etc.. but regardless of that the Premier League have been disgraceful with their handling of it. It sends out a clear message that you can do pretty much whatever you want and your not get done for it. If they fail to pay the staff that is three times in what the last 3-4 months? They have had three different owners this season, they have sold something like £80m worth of players, had different managers and a transfer embargo and so on and so on. I thought the whole point of these rules were to stop stuff like that from happening? They need to bring things to a head or it will never get sorted. I am hearing from sources close to PFC that Barclays are bending over backwards re Pompey's overdraft because the Prem are putting pressure on them. The Prem's bank? Barclays of course! When you think they pulled the plug on Rupert for £4,000. If I was a Hull or Bolton fan I would be asking a lot of questions towards the PL right now Link to comment Share on other sites More sharing options...
FarehamRed Posted 31 December, 2009 Share Posted 31 December, 2009 If they have a small squad at the moment. If (when) they sell a load of players, and they can't bring any in (due to the embargo), is there a possibility that they won't actually have enough players for the bench, or even to fulfil their fixtures? What happens then? Do they have a youth team? Link to comment Share on other sites More sharing options...
Fitzhugh Fella Posted 31 December, 2009 Author Share Posted 31 December, 2009 Can someone give me prior notice if this happens so I have got time to pull on a pair of rubber pants. Quite possible the funniest of the early posts - this was nos 46. For the first time I went back to the beginning of this thread - t'would make a good book for a charity to do. Link to comment Share on other sites More sharing options...
RedAndWhite91 Posted 31 December, 2009 Share Posted 31 December, 2009 What's bugging me is: Where is Ali Al Faraj?!?!?!?! He bought them, and seems to have pumped absolutely NO money into the club. He has missed 2/3 months of wages now, and seems to have disappeared off the face of the planet. If he was even real in the first place, that is... Link to comment Share on other sites More sharing options...
Fitzhugh Fella Posted 31 December, 2009 Author Share Posted 31 December, 2009 Until the deal is done and the money has changed hands anything can happen in these things - as we well know! I wouldn't take much notice of Fitzhugh's "well placed source" either, there have been plenty of well placed people on here coming out with all sorts of rubbish. Chances are the Arab will buy them. Post 202 You were right aintforever - in fact 2 Arabs bought them but they were both potless! My source has yet to get it wrong btw. Like I say he is well-placed! Link to comment Share on other sites More sharing options...
View From The Top Posted 31 December, 2009 Share Posted 31 December, 2009 I am hearing from sources close to PFC that Barclays are bending over backwards re Pompey's overdraft because the Prem are putting pressure on them. The Prem's bank? Barclays of course! When you think they pulled the plug on Rupert for £4,000. If I was a Hull or Bolton fan I would be asking a lot of questions towards the PL right now Pompey had announced that they had moved from Barclays last month? Link to comment Share on other sites More sharing options...
Fitzhugh Fella Posted 31 December, 2009 Author Share Posted 31 December, 2009 EXCLUSIVE: Portsmouth deal to be sealed on July 24 by Anil Bhoyrul on Wednesday, 15 July 2009 Confidential documents seen by Arabian Business show that Dr Al Fahim, who launched his bid for the Premier League club on May 27, has now agreed terms with the club. He will meet with club boss Peter Storrie Thursday evening in London, with the takeover likely to be officially announced on July 24, after the Premier League has completed its "Fit and Proper" persons test. According to a 48 page document entitled "Portsmouth: The New Era", it is also understood that current manager Paul Hart will be kept in charge of the club. "Mr Hart understands this club better than anyone coming in from the outside and deserves the opportunity to take it forward," the document says. It also details Dr Al Fahim's schedule for the coming months, saying the new owner "envisages attending every home game between August 15 and the end of 2009", and will host "Fans Sessions" on Friday evenings before home games. "As we move forward, the importance of Portsmouth fans, and their views on the future direction of the club, cannot be underestimated. We must have a constant dialogue with them, and begin this process from Day One." Dr Al Fahim himself meanwhile, according to sources close to him, is already working on detailed plans for the coming season. "Put it this way, he will be on a plane for seven hours tonight and studying team sheets rather than accounts. We have moved to the next phase, which is preparing for the season ahead," says the source. Dr Al Fahim will be travelling with his family to London, and stay in the UK capital for several days. "It's a mini family holiday, but that way he will be around if the Premier League need to see him," adds the source. Classic - post 338, how quickly one forgets. Link to comment Share on other sites More sharing options...
Fitzhugh Fella Posted 31 December, 2009 Author Share Posted 31 December, 2009 If they do complete then sorry duncan but you will have made yourself look a bit foolish Post 366 - my all time favourite and the title of the book when it comes out! Happy New Year, Hypo Link to comment Share on other sites More sharing options...
Thorpe-le-Saint Posted 31 December, 2009 Share Posted 31 December, 2009 Lol 'if there are any knock-on effects financially for employees the club will reimburse them.' Yeah, we believe you. Gotta feel sorry for the non-playing staff. Why am I suprised by that facebook group? One person wishes the board Camel H(ump)IV...what a lovely member of society he is. Link to comment Share on other sites More sharing options...
rallyboy Posted 31 December, 2009 Share Posted 31 December, 2009 I couldn't handle the hilarity of going back to the start of the thread, is it possible to pull a bladder muscle?... Been talking to my mates from the darkside today, they are resigned to relegation, angry at the criminal owners, and rightly concerned about the future. I took it easy on them but the cross-eyed, sister-bothering Bates abusers might like to note that Ted is still stood there, dignified, correctly-proportioned and do you know, he's looking out across the water to the east and waving goodbye to someone. It might have been noisy for him that night but boy has it gone quiet now! And the arms dealer's nipper has got some cheek raising questions over the true identity of the owners!! Link to comment Share on other sites More sharing options...
Fitzhugh Fella Posted 31 December, 2009 Author Share Posted 31 December, 2009 looks like Duncan's source has led him a dance. Oh ye of little faith! Link to comment Share on other sites More sharing options...
Fitzhugh Fella Posted 31 December, 2009 Author Share Posted 31 December, 2009 Pompey had announced that they had moved from Barclays last month? Do we believe them? And I guess they could still owe Barclays money? Link to comment Share on other sites More sharing options...
S-Clarke Posted 31 December, 2009 Share Posted 31 December, 2009 A classic from back in the day from a skate - ''they cannot be that worried - they passed him as fit and proper, as I understand it under the new regs they also seek the information on where the money is coming from. So thats nothing new and it's new standard procedure for all new takeovers. Next....'' that fit and proper test worked a treat then...! Link to comment Share on other sites More sharing options...
View From The Top Posted 31 December, 2009 Share Posted 31 December, 2009 Do we believe them? And I guess they could still owe Barclays money? When I read it my 1st thought was "overdraft maxed out". Link to comment Share on other sites More sharing options...
hypochondriac Posted 31 December, 2009 Share Posted 31 December, 2009 Post 366 - my all time favourite and the title of the book when it comes out! Happy New Year, Hypo The key word being if. Also your original prediction never really came true did it! Not that it matters, we both got what we wanted (pompey failing). Happy new year smug man . Link to comment Share on other sites More sharing options...
OldNick Posted 31 December, 2009 Share Posted 31 December, 2009 Oh ye of little faith!I dont know what post that was Duncan but seems like part of a sentence, but I will point you to your opening post on this thread 'I am told news of the collapse will officially emerge in the next few days. This is not a wind-up. I don't usually "do" gloating but with the mod's permission can I indulge myself just a little? Perhaps today (July 8th) should now be made a public holiday in Hants. ' I suggest that you can be right about anything if you wait long enough. Even Ho may be right and they sign Riquelme one day. Lol I suspect Dubai Phil has been close to the truth during this time as well. Link to comment Share on other sites More sharing options...
OldNick Posted 31 December, 2009 Share Posted 31 December, 2009 If Pompey are having a fire sale would the clubs interested in the 3 african players not wait until they return to see if they are fit and also defer the wages while they cant play. Also HR will not pay for David james as he knows they need to lose his wages. I expect spurs will wish for a wage share or DJ a payoff to take a wage cut.None of ths will be easy for them. Link to comment Share on other sites More sharing options...
trousers Posted 31 December, 2009 Share Posted 31 December, 2009 I am hearing from sources close to PFC that Barclays are bending over backwards re Pompey's overdraft because the Prem are putting pressure on them. The Prem's bank? Barclays of course! When you think they pulled the plug on Rupert for £4,000. If I was a Hull or Bolton fan I would be asking a lot of questions towards the PL right now hi Duncan, if Barclays are giving Pompey more slack than they gave Saints due to pressure from the premier league top table, why hasn't some journalist or media outlet latched onto this? I don't disbelieve you - quite the opposite as it's my theory too but why no expose? Cheers Link to comment Share on other sites More sharing options...
Clapham Saint Posted 31 December, 2009 Share Posted 31 December, 2009 ''A club spokesman said: 'The problem was due to a file not being loaded properly at the bank. It wasn't processed properly.'' what on earth. i actually feel slightly sorry for the skates, they're being run by school kids who have no idea what they are doing by the sounds of it. I think it is more likely that they are beng run by liars... Link to comment Share on other sites More sharing options...
Clapham Saint Posted 31 December, 2009 Share Posted 31 December, 2009 They blame the bank for a file not loaded properly then state the funds will be in place Tuesday. They contradict themselves continually,just like the statement yesterday reference denying they recieved a winding up order. They don't know thier arse from their elbow. Laughing stock,period. They seem so desperate to get out excuses that they forget that they only need to give one at a time. Link to comment Share on other sites More sharing options...
OldNick Posted 31 December, 2009 Share Posted 31 December, 2009 I think it is more likely that they are beng run by liars... I assume you have seen these excuses before Link to comment Share on other sites More sharing options...
trousers Posted 31 December, 2009 Share Posted 31 December, 2009 I worked for a bank for 20 years. There are ways and means if transferring funds from one account to others as near as damn it 'instantly' if the payer had the motivation and means to do so. Blaming 'bank error' is bullocks. QED Link to comment Share on other sites More sharing options...
Fitzhugh Fella Posted 31 December, 2009 Author Share Posted 31 December, 2009 hi Duncan, if Barclays are giving Pompey more slack than they gave Saints due to pressure from the premier league top table, why hasn't some journalist or media outlet latched onto this? I don't disbelieve you - quite the opposite as it's my theory too but why no expose? Cheers Having recently been on the wrong side of the press myself and having Daily Mail reporters on my doorstep I have come to the conclusion that most work to a pre-ordained agenda. When it suits them they will investigate but they are either being bribed with nice little sweeteners (in my world that is free lunches, flights etc), or they don't want to fall foul of the powerful Premiership who could pull the plug on their reporting rights etc. There are still some decent investigative journalism going on (the Guardian) but by and large Murdoch and the Mail have it all sewn up. Very depressing really. Link to comment Share on other sites More sharing options...
Fitzhugh Fella Posted 31 December, 2009 Author Share Posted 31 December, 2009 The key word being if. Also your original prediction never really came true did it! Not that it matters, we both got what we wanted (pompey failing). Happy new year smug man . Well the takeover happened I suppose because the ownership swopped hands, but it was never a genuine one. Like I said I trusted my source - he was telling me it was all built on a bed of straw and he was 100% correct. Not smug just vindicating myslef against the doubters who believed what Pompey were releasing to the press. Just like now they just spout lies and gullible press like BBC South churn out the crap. Link to comment Share on other sites More sharing options...
Clapham Saint Posted 31 December, 2009 Share Posted 31 December, 2009 hi Duncan, if Barclays are giving Pompey more slack than they gave Saints due to pressure from the premier league top table, why hasn't some journalist or media outlet latched onto this? I don't disbelieve you - quite the opposite as it's my theory too but why no expose? Cheers Althoug by no means a certainty, if Pompey are still using a Barclays overdraft, as soon as Barclays became aware of the winding up petition I would hae expected it to be frozen. At least until they had some certainty with regard to their position. Then again they probably have accountants all over this. Link to comment Share on other sites More sharing options...
saint_mears Posted 31 December, 2009 Share Posted 31 December, 2009 hi Duncan, if Barclays are giving Pompey more slack than they gave Saints due to pressure from the premier league top table, why hasn't some journalist or media outlet latched onto this? I don't disbelieve you - quite the opposite as it's my theory too but why no expose? Cheers I dont think it would prove much as the majority of clubs are being run on debt and future income. Saints did not have the rug pulled due to money owed. The auditors told them that there would be not enough income for the business to float. That came after Barclays told Lowe they would not give him the extended overdraft within months of his return. Link to comment Share on other sites More sharing options...
Made in Southampton Posted 31 December, 2009 Share Posted 31 December, 2009 Can I be one of the first to say "Happy New Year". 09' has been an 'interesting' year for Southampton and one that I look forward to bringing the new year in with. Could this year end any sweater than it is right now. Saints on the way up Pompey on the way down the only thing left to happen is a freakin UFO to land on FP and beam the place to Mars. I love being a Saints fan right now. Link to comment Share on other sites More sharing options...
trousers Posted 31 December, 2009 Share Posted 31 December, 2009 Having recently been on the wrong side of the press myself and having Daily Mail reporters on my doorstep I have come to the conclusion that most work to a pre-ordained agenda. When it suits them they will investigate but they are either being bribed with nice little sweeteners (in my world that is free lunches, flights etc), or they don't want to fall foul of the powerful Premiership who could pull the plug on their reporting rights etc. There are still some decent investigative journalism going on (the Guardian) but by and large Murdoch and the Mail have it all sewn up. Very depressing really. Thanks for the candid insight Duncan. Probably not a good moment to admit that trousers towers is a daily mail customer... :-) Link to comment Share on other sites More sharing options...
S-Clarke Posted 31 December, 2009 Share Posted 31 December, 2009 Link to comment Share on other sites More sharing options...
OldNick Posted 31 December, 2009 Share Posted 31 December, 2009 not the most imaginative IMO. As stupid as the 'where has all the money gone' song. It's patently obvious Link to comment Share on other sites More sharing options...
niceandfriendly Posted 31 December, 2009 Share Posted 31 December, 2009 Is that thing before the 1 meant to be a £?! Link to comment Share on other sites More sharing options...
NN2 Saint Posted 31 December, 2009 Share Posted 31 December, 2009 I hate them and hope they fold. My ex never seemed to understand why.. especially when I had to go to her graduation at their Guildhall in July (She only did a yr down there thankfully). The whole place is so much up it's own arse and as someone from the right part of the M27 I hated the whole Portsmouth love-in. My main reasons for this was missing roughly an hour of footie on the previous 2 trips to fratton. The way we had were carted around like sheep cos their poxy footie team had just won. Didn't help the 4-1 was just a couple of days after my 18th aswell. For me the Ted thing was just exactly what i would expect from them so it never suprised me. I also dislike going to Hedge End superstores and seeing the arrogant look on those ******s faces who were PFC colours not happened much lately tho Link to comment Share on other sites More sharing options...
St Chalet Posted 31 December, 2009 Share Posted 31 December, 2009 Cheeky beggar only paid £1 to buy the club. Fans to issue winding up petition for remaining 50p. Link to comment Share on other sites More sharing options...
Tac-tics Posted 31 December, 2009 Share Posted 31 December, 2009 I would love to see at st.marys someone with a smiliar banner saying something along the lines: sod the coffee, we'll buy your for £1.50 Or along the lines Link to comment Share on other sites More sharing options...
Yeovil Saint Posted 31 December, 2009 Share Posted 31 December, 2009 Here's a quick cheery thought to take us into the New Year. If players can walk if they aren't paid and PFC can't get the money to pay players until they get transfer fees and you want Belhadj or some other Pompey player, why would you pay? If you don't pay Pompey, then they can't pay Belhadj, so he can walk to your club for nothing except a signing on fee. The Premier League offices are closed until Monday, so if that's going to happen it'll happen then. Link to comment Share on other sites More sharing options...
Islander Posted 31 December, 2009 Share Posted 31 December, 2009 Apologies if this has already been posted but can't see it! Found on football-rumours.co.uk Portsmouth FC are in serious trouble... I work at the FA and on the agenda for next Monday morning is a joint meeting with FA and Premier League Officials at Wembley Stadium in order to discuss their immediate future. The finances at Portsmouth are shrouded in mystery, to say the least, and various personnel from the club including CEO Peter Storrie, Sueliman al–Fahim (not currently at the club, but his role in the financial affairs is to be looked at) and Ali al–Faraj. Auditors from Deloitte Touche are being called in by the FA to go through Portsmouth's finances 'with a fine tooth–comb' and charges (including jail terms) could be given if they cannot account for where the money has gone (if it was ever invested in the first place!) Should the club go into administration, which is very likely, the club will be deducted 20 points – 10 for actually going into administration and a further 10 for their financial problems to date (such as twice not paying players on time). KPMG would then be employed as administrators in the hope of finding a buyer. One has to be found and all debts cleared before they can start the 2010–11 season (most likely, in the Championship). If a buyer is found, and pays off the debts or agrees to a refinancing deal (which would involve selling all/part of the land at Fratton Park) then the club will be given permission to play in the Championship. If not, Fratton Park will be sold to the Council for a small fee (as it would be categorised as a 'going concern') and Portsmouth would have to restart from the Conference, ground–sharing with Havant & Waterlooville. However, they could only do so if Chester went completely bust and applied to join the FAW (Football Association of Wales) and were given permission to play in the Principality Welsh Premiership, groundsharing with Airbus (as they would not be allowed to use The Deva Stadium). Link to comment Share on other sites More sharing options...
Matthew Le God Posted 31 December, 2009 Share Posted 31 December, 2009 (edited) Apologies if this has already been posted but can't see it! Found on football-rumours.co.uk Portsmouth FC are in serious trouble... I work at the FA and on the agenda for next Monday morning is a joint meeting with FA and Premier League Officials at Wembley Stadium in order to discuss their immediate future. The finances at Portsmouth are shrouded in mystery, to say the least, and various personnel from the club including CEO Peter Storrie, Sueliman al–Fahim (not currently at the club, but his role in the financial affairs is to be looked at) and Ali al–Faraj. Auditors from Deloitte Touche are being called in by the FA to go through Portsmouth's finances 'with a fine tooth–comb' and charges (including jail terms) could be given if they cannot account for where the money has gone (if it was ever invested in the first place!) Should the club go into administration, which is very likely, the club will be deducted 20 points – 10 for actually going into administration and a further 10 for their financial problems to date (such as twice not paying players on time). KPMG would then be employed as administrators in the hope of finding a buyer. One has to be found and all debts cleared before they can start the 2010–11 season (most likely, in the Championship). If a buyer is found, and pays off the debts or agrees to a refinancing deal (which would involve selling all/part of the land at Fratton Park) then the club will be given permission to play in the Championship. If not, Fratton Park will be sold to the Council for a small fee (as it would be categorised as a 'going concern') and Portsmouth would have to restart from the Conference, ground–sharing with Havant & Waterlooville. However, they could only do so if Chester went completely bust and applied to join the FAW (Football Association of Wales) and were given permission to play in the Principality Welsh Premiership, groundsharing with Airbus (as they would not be allowed to use The Deva Stadium). football-rumours.co.uk Is probably the least reliable site on the whole of the internet. Just full of nutters making up random rumours. For a start some facts in that are wrong. In the Premiership it is -9 points for going into administration. Why would they meet at Wembley? Why would the FA be involved when it is a Premiership matter? Edited 31 December, 2009 by Matthew Le God Link to comment Share on other sites More sharing options...
EastleighSoulBoy Posted 31 December, 2009 Share Posted 31 December, 2009 I think it is more likely that they are beng run by liars... That's a little strong, this is po. err the ska.. . . . oh! Link to comment Share on other sites More sharing options...
EastleighSoulBoy Posted 31 December, 2009 Share Posted 31 December, 2009 I worked for a bank for 20 years. There are ways and means if transferring funds from one account to others as near as damn it 'instantly' if the payer had the motivation and means to do so. Blaming 'bank error' is bullocks. QED Correct, if I can go online, initiate a payment (which leaves my account immediately) why can't they? Anyone would think that their account balance is zero! Link to comment Share on other sites More sharing options...
Islander Posted 31 December, 2009 Share Posted 31 December, 2009 MLG - You may well be right but time will tell if there is any fact behind the rumours. Thought it was an entertaining read anyway! Link to comment Share on other sites More sharing options...
Matthew Le God Posted 31 December, 2009 Share Posted 31 December, 2009 MLG - You may well be right but time will tell if there is any fact behind the rumours. Thought it was an entertaining read anyway! As there are some things in it which are easily provable to be wrong such as the -9 points to -10 points shows the guy hasn't got a clue and is making it up as he goes along. Link to comment Share on other sites More sharing options...
Doctoroncall Posted 31 December, 2009 Share Posted 31 December, 2009 10pm update on guardian: http://www.guardian.co.uk/football/2009/dec/31/portsmouth-pfa-players-wages-faraj PFA chief to meet Portsmouth hierachy over non-payment of players' wages • Cusack to meet officials on Monday, players on Tuesday • Finnan says 'no one seems to know what's going on' Link to comment Share on other sites More sharing options...
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