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Pompey Takeover Saga


Fitzhugh Fella

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This is just people who don't want to go home - understandable, but they have to - there's hedgehog for tea, and those sisters don't impregnate themselves.

 

Brilliant!!! :D

 

Seriously though, what a bunch of clowns they are. I had Solent on in the background earlier, and while listening to Voldermort wasn't at the top of my "Interesting things to do on a Saturday afternoon past 5pm whilst waiting for Nigel's post match comments" list, I couldn't concentrate anyway due to the small gathering of idiots singing and ringing (bells) in the background. It was like he'd rolled up at the local circus for an interview. Oh.

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Yes they can do it. In fact it what they should be doing. The staff are creditors and PKF are just first paying off the creditors who are key to keeping the club going (without the club staff working there will be no games and no income stream from the fan). It could of course backfire as they are diluting the non HMRC & co portion of the unsecured debt, giving HMRC & Co a larger percentage going into a CVA vote.

 

But IIRC, once they've paid one creditor at 100%, then they must do the same for each and every other creditor?

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But IIRC, once they've paid one creditor at 100%, then they must do the same for each and every other creditor?

 

I'm not sure. I would have thought an admin would pay off debts where they can. In any case they haven't paid 100%, not even close. They've only paid from mid Jan to mid Feb but there is still substantial amounts of this debt owing going back into Dec and before.

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I'm not sure. I would have thought an admin would pay off debts where they can. In any case they haven't paid 100%, not even close. They've only paid from mid Jan to mid Feb but there is still substantial amounts of this debt owing going back into Dec and before.

 

Presumably it's because the administration protects the company from _previous_ debt but it doesn't stop payments to enable to continue operating in administration; nor would it prevent people and companies from withdrawing current and future services. So although, for example, SSE can't cut off the leccy for the previous debt, if the administrator - who has taken on the responsibility - doesn't pay, a disconnection could still take place on the new debt.

 

Perhaps one of our insolvency expertss could clarify.

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They should have had a penalty today but looks like everyone is against them now, I would love to see this leaked email.

 

A leaked email from the Football League to the Referee’s Association gives clear instruction to put Portsmouth at a disadvantage in matches, and favour their opponents. The Football League explained this was another way to punish the club for poor management as they enter administration. However the sanction the Football League takes on clubs entering administration is a 10 point deduction. This means that Football League are attempting to punish Portsmouth unfairly, and in such an unsporting manner it makes the league competition a disgrace. The Football League have declined to comment on this leaked email, and emails and email logs between the Football League and the Referee’s Association have all been deleted.

This is more than just an email however, as Portsmouth have been the victims of poor refereeing in recent matches, where a clear goal was ruled out against Ipswich. During the match with West Ham, they conceded a penalty under very unfair circumstances, and later had David Norris sent off for a clean tackle. It appears that not only have the Football League been instructing referee’s to be unfair on Pompey, they are carrying out orders without any questions asked.

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All this thread needs now is another twist.

 

How about Mitchell leaving Bournemouth after his little rant, and putting together a dodgy consortium to buy portsmouth?

 

Stranger things have happened. Perfect bloke for them too.

 

Where's that photocopier salesman when you need him? Or Fialka and Lynam?

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Presumably it's because the administration protects the company from _previous_ debt but it doesn't stop payments to enable to continue operating in administration; nor would it prevent people and companies from withdrawing current and future services. So although, for example, SSE can't cut off the leccy for the previous debt, if the administrator - who has taken on the responsibility - doesn't pay, a disconnection could still take place on the new debt.

 

Perhaps one of our insolvency expertss could clarify.

 

No they can't do anything about the old debt, but there isu absolutely nothing stopping them demanding money on account for any new supply. let's face it, after being shafted once, I would.

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It shocked me that the players are only deferring 25% of their wages. But it shocks me more that there are still wages outstanding from 2 years ago to lowly paid stewards.

 

This is a crazy mixed up mess where football agents and other clubs get priority over direct employees wages.

 

Without the football creditors rule employees would be paid before football agents.

 

I am also amazed if TB can get to the end of this season if he is paying 75% of the players wages.

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They should have had a penalty today but looks like everyone is against them now, I would love to see this leaked email.

Where's this from? It has all the hallmarks of classic hearsay nonsense, very light on fact and heavy on conjecture, and makes no logical sense at all (the FL has discretion to impose points penalties, so if they wanted to 'punish' Pompey further they're just deduct further/additional points).

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Taken from POL, one of their reports on what happens. Plenty to laugh at here, my favourite bit being were he says, it will make a good impression to any potential owners. Feel free to pick you own from this comedy packed simpleton....

 

What a bloody let down it was after the final whistle, only around 500 stayed behind but hopefully we made enough noise to make up for all those that cleared off as soon as the final whistle blew. We stayed there for half an hour or so, but the stewards were trying there damnedest to get us to move and one of the older management side of them actually tried to physically move a young kid from his seat, until I had a go at him and told him to try it with one of us grown adults. He just laughed and walked away - hope you're reading this you c*nt, you should get a slap for laying a hand on that kid, there was no need for that.

 

Anyway, about half an hour after the sit in started, Westwood and his little drummer boy fecked off, then everyone else started to follow, which made the whole bloody thing pointless really. That said, there was little to protest about really until we know what the hell is going on with Chainrai and AA - but hopefully we all made a reasonably good impression for any would be new owner that was at the ground

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Same reason as they always do, I fear. TV cameras. Whenever they were on Sky they played up to their bestest-fans-in-the-worldTM mantra but as soon as Keys and Gray had slithered out of ground it was back to 75% capacities and away followings that would make Barnet blush.

 

Hail the bestestestestetstest! If Henry and Ronaldinho think they're the best, they must be.

 

Classic example, their last 2 aways, TV cameras at Blackpool 1200 turn-up and they're 'loyal/passionate/plucky little p*mpey'. One week on, no TV cameras and only 600 of the 'bestest fans in the world' could be bothered.

 

It would be the same if they went pop and reformed as afcpikeyisland/whatever. The first game they'd turn out for the cameras to proclaim the sleeping giant was awakening. The next a few thousand would magically turn into a few hundred but Dinenage and co. would spend the next decade spouting the usual bullsh*te.

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Thing is, there does'nt need to be any truth in it - it serves to fan the conspiracy flames they like to repeat - they like to say the league's not done them any favours, hmrc don't seem very keen either, so why not add the referee's into the mix. They're grasping at straws in an attempt not to have to face upto the situation of their own making, pitiful, if it was'nt so funny to watch.

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Taken from POL, one of their reports on what happens. Plenty to laugh at here, my favourite bit being were he says, it will make a good impression to any potential owners. Feel free to pick you own from this comedy packed simpleton....

 

What a bloody let down it was after the final whistle, only around 500 stayed behind but hopefully we made enough noise to make up for all those that cleared off as soon as the final whistle blew. We stayed there for half an hour or so, but the stewards were trying there damnedest to get us to move and one of the older management side of them actually tried to physically move a young kid from his seat, until I had a go at him and told him to try it with one of us grown adults. He just laughed and walked away - hope you're reading this you c*nt, you should get a slap for laying a hand on that kid, there was no need for that.

 

Anyway, about half an hour after the sit in started, Westwood and his little drummer boy fecked off, then everyone else started to follow, which made the whole bloody thing pointless really. That said, there was little to protest about really until we know what the hell is going on with Chainrai and AA - but hopefully we all made a reasonably good impression for any would be new owner that was at the ground

Is that the P*mpey school of creative accountancy? There are about 50 in that picture tops!

 

Also, if the Steward hasn't been paid wages from god knows when, I'm not surprised he was up for a bit of [more unpaid] overtime.

Edited by krissyboy31
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taken from pol, one of their reports on what happens. Plenty to laugh at here, my favourite bit being were he says, it will make a good impression to any potential owners. Feel free to pick you own from this comedy packed simpleton....

 

What a bloody let down it was after the final whistle, only around 500 stayed behind but hopefully we made enough noise to make up for all those that cleared off as soon as the final whistle blew. We stayed there for half an hour or so, but the stewards were trying there damnedest to get us to move and one of the older management side of them actually tried to physically move a young kid from his seat, until i had a go at him and told him to try it with one of us grown adults. He just laughed and walked away - hope you're reading this you c*nt, you should get a slap for laying a hand on that kid, there was no need for that.

 

Anyway, about half an hour after the sit in started, westwood and his little drummer boy fecked off, then everyone else started to follow, which made the whole bloody thing pointless really. that said, there was little to protest about really until we know what the hell is going on with chainrai and aa - but hopefully we all made a reasonably good impression for any would be new owner that was at the ground

 

l o l

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A leaked email from the Football League to the Referee’s Association gives clear instruction to put Portsmouth at a disadvantage in matches, and favour their opponents. The Football League explained this was another way to punish the club for poor management as they enter administration. However the sanction the Football League takes on clubs entering administration is a 10 point deduction. This means that Football League are attempting to punish Portsmouth unfairly, and in such an unsporting manner it makes the league competition a disgrace. The Football League have declined to comment on this leaked email, and emails and email logs between the Football League and the Referee’s Association have all been deleted.

This is more than just an email however, as Portsmouth have been the victims of poor refereeing in recent matches, where a clear goal was ruled out against Ipswich. During the match with West Ham, they conceded a penalty under very unfair circumstances, and later had David Norris sent off for a clean tackle. It appears that not only have the Football League been instructing referee’s to be unfair on Pompey, they are carrying out orders without any questions asked.

 

I'm no psychiatrist but surely there must be a stage at which paranoid delusion becomes certifiable?

 

Is there a doctor in the house?

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Taken from POL, one of their reports on what happens. Plenty to laugh at here, my favourite bit being were he says, it will make a good impression to any potential owners. Feel free to pick you own from this comedy packed simpleton....

 

What a bloody let down it was after the final whistle, only around 500 stayed behind but hopefully we made enough noise to make up for all those that cleared off as soon as the final whistle blew. We stayed there for half an hour or so, but the stewards were trying there damnedest to get us to move and one of the older management side of them actually tried to physically move a young kid from his seat, until I had a go at him and told him to try it with one of us grown adults. He just laughed and walked away - hope you're reading this you c*nt, you should get a slap for laying a hand on that kid, there was no need for that.

 

Anyway, about half an hour after the sit in started, Westwood and his little drummer boy fecked off, then everyone else started to follow, which made the whole bloody thing pointless really. That said, there was little to protest about really until we know what the hell is going on with Chainrai and AA - but hopefully we all made a reasonably good impression for any would be new owner that was at the ground

 

Brilliant. So about 3% max of the bestest ™ managed to stay behind to protest about something, or someone; They don't know what, or who, exactly, but they protested anyway.

 

Sadly for them (and us!), I suspect the reaction on here far outweighs anything they'll get elsewhere.

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A leaked email from the Football League to the Referee’s Association gives clear instruction to put Portsmouth at a disadvantage in matches, and favour their opponents. The Football League explained this was another way to punish the club for poor management as they enter administration. However the sanction the Football League takes on clubs entering administration is a 10 point deduction. This means that Football League are attempting to punish Portsmouth unfairly, and in such an unsporting manner it makes the league competition a disgrace. The Football League have declined to comment on this leaked email, and emails and email logs between the Football League and the Referee’s Association have all been deleted.

This is more than just an email however, as Portsmouth have been the victims of poor refereeing in recent matches, where a clear goal was ruled out against Ipswich. During the match with West Ham, they conceded a penalty under very unfair circumstances, and later had David Norris sent off for a clean tackle. It appears that not only have the Football League been instructing referee’s to be unfair on Pompey, they are carrying out orders without any questions asked.

 

I'm no psychiatrist but surely there must be a stage at which paranoid delusion becomes certifiable?

 

Is there a doctor in the house?

 

Yes, but I'm only a PhD not a medic. However, in my professional opinion as a social scientist, many of the utterances made by them would be clearly classed delusional behaviour in that:

The patient expresses an idea or belief with unusual persistence or force.

That idea appears to exert an undue influence on the patient's life, and the way of life is often altered to an inexplicable extent.

Despite his/her profound conviction, there is often a quality of secretiveness or suspicion when the patient is questioned about it.

The individual tends to be humorless and oversensitive, especially about the belief.

There is a quality of centrality: no matter how unlikely it is that these strange things are happening to him, the patient accepts them relatively unquestioningly.

An attempt to contradict the belief is likely to arouse an inappropriately strong emotional reaction, often with irritability and hostility.

The belief is, at the least, unlikely, and out of keeping with the patient's social, cultural and religious background.

The patient is emotionally over-invested in the idea and it overwhelms other elements of their psyche.

The delusion, if acted out, often leads to behaviors which are abnormal and/or out of character, although perhaps understandable in the light of the delusional beliefs.

I rest my case.

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@bigadamsport: Greg Clark's excuse today for failure of fit & proper test was effectively a lack of resources - not good enough!! @football_league #pompey

 

@bigadamsport: Clark said @football_league always answer questions etc - that's rubbish. @solentsport have requested interviews - repeatedly turned down

 

@bigadamsport: We've had #pompey #saintsfc #afcb & Weymouth FC all in admin - thousands affected and @football_league still fail to own up to failings

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so the FL is mainly worried about being able to support their actions in court.

That might explain why they are being very careful about imposing penalties.

 

Pity they didn't have that attitude when legally Southampton FC didn't go into, and has never been in administration, even though morally a penalty was due.

A bit late to get picky about the rules, what was wrong with the making it up as they went along approach?

 

I still don't see how the league is to blame if you don't do correct due diligence yourself.

They have the power to veto any decision you make, their role isnt to approve buyers.

 

The club made the decision to get into bed with crooks - fully supported by the fans and the CEO.

If you can't do the time, don't moan and blame others when the blatantly predictable occurs.

 

As for the official referees' email to remind them about the plan to deny pompey penalties etc....:lol:

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@bigadamsport: Greg Clark's excuse today for failure of fit & proper test was effectively a lack of resources - not good enough!! @football_league #pompey

 

@bigadamsport: Clark said @football_league always answer questions etc - that's rubbish. @solentsport have requested interviews - repeatedly turned down

 

@bigadamsport: We've had #pompey #saintsfc #afcb & Weymouth FC all in admin - thousands affected and @football_league still fail to own up to failings

this is what ****s me off, despite Birch telling them that the FL do what they can and it being the owners responsibility to vet potential new owners when it comes to things beyong criminal records, the skates still blame them for everything. The football league can not make subjective decisions and its not their role to decide if a new owner would be good for the club.
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so the FL is mainly worried about being able to support their actions in court.

That might explain why they are being very careful about imposing penalties.

 

Pity they didn't have that attitude when legally Southampton FC didn't go into, and has never been in administration, even though morally a penalty was due.

A bit late to get picky about the rules, what was wrong with the making it up as they went along approach?

 

I still don't see how the league is to blame if you don't do correct due diligence yourself.

They have the power to veto any decision you make, their role isnt to approve buyers.

 

The club made the decision to get into bed with crooks - fully supported by the fans and the CEO.

If you can't do the time, don't moan and blame others when the blatantly predictable occurs.

 

As for the official referees' email to remind them about the plan to deny pompey penalties etc....:lol:

 

Well said, as always.

 

And, as I keep asking but no Poopey fan will answer, where were the demonstrations when said owners were being appointed??

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so the FL is mainly worried about being able to support their actions in court.

That might explain why they are being very careful about imposing penalties.

 

Pity they didn't have that attitude when legally Southampton FC didn't go into, and has never been in administration, even though morally a penalty was due.

A bit late to get picky about the rules, what was wrong with the making it up as they went along approach?

 

I still don't see how the league is to blame if you don't do correct due diligence yourself.

They have the power to veto any decision you make, their role isnt to approve buyers.

 

The club made the decision to get into bed with crooks - fully supported by the fans and the CEO.

If you can't do the time, don't moan and blame others when the blatantly predictable occurs.

 

As for the official referees' email to remind them about the plan to deny pompey penalties etc....:lol:

 

I still believe but have no proof, that pfc have the FLs balls firmly in the palm of their hand and, once every now and then, give them a gentle squeeze to remind the FL of what pfc know.

 

That is all.

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Portpin, AA and PFC would have attempted legal action against the FL if they tried to veto CSI. Remember Lumpitt saying they were the real deal.

 

The phew would have claimed that the FL had it in for them by blocking it...... oh

 

 

Stop blaming everyone else for your problems you f***ing thick idiots

Edited by Winchester Red
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I dunno if any of you lot watch the TV show Pointless, but I went to a recording of it yesterday and one of the answers was Fratton Park. Richard, the assistant on the show, normally gives an interesting fact about the answers.

 

His interesting fact was that Fratton Park was spelt Nottarf Krap backwards :lol: :lol:

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@TonyHusbandBBC: #bbcfootball #pompey Pocket of fans stage post game demo at Fratton Park to show support for club. http://t.co/EzJ7K8Zb

 

56a19f7f-172f-02a5.jpg

 

Lol

portsmyth fans had been organising this for a couple of weeks .It was officially called "occupyfratton" with an "official " twitter page. Now I like my politics and have been following the Worldwide occupy movement with interest. The general idea is you occupy an area to protest for a long term , stop the area from being used for its normal use and using an encampment encourage other people with similar goals to join in.Thereby making the protest grow. You can also measure the popularity of the protest. Now lets see....................................

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Do the rest of the world miss something?? Low attendances and whining deluded thick fans??

 

Or was he impressed with the Leeds fans?

 

Doubt a sell out every game could save them, and if they did that it'd be on heavily reduced tickets, and even then they won't sell out! I guess when it's that dire you need to butter up the fans.

 

I can't imagine the extra fans who don't usually turn up with the bestest will be convinced to come back soon after a 0-0.

 

Or, did lots of West brom reserves fans make the trip down? Perhaps west brom have loaned some season ticket holders?

 

agreed filling the park will not save them, they need another mug owner with money, or a first one with money depending on how you look at it

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Did anyone see this on POL?

 

Bill was not able to get there today, I did so here are the main points raised, discussed and decisions made.

 

TB came into the meeting today and introduced himself (again) and basically said that he is open for any suggestions and help from the fans. He would like to regularly engage with the fans through the various groups. The fans conference is an obvious place to do this as there are large numbers of fans represented at the meetings (POL included with Bill and I).

 

The bare fact is that TB needs £1/2m by April or the club will be liquidated. He asked for any ideas on how to raise funds from the fan base. Obviously pack the park is one but other ideas and fund raising schemes will be needed to help.

Every penny goes to the club and it’s rescue.

 

He also said that the O/S will go down we owe them £18000 and they have no chance, so the channel of communication will have to change. At the fans meeting the other night TB had said that he would communicate via the O/S, today he was looking for alternatives. The 12th man site was suggested, but no decision made.

 

TB then had to leave but did say that he was relatively confident that he will be able to save the club, he was not sure how yet, but feels he can.

He also stipulated again that he wants to engage with the fans as much as possible, something he felt, that in the modern game does not happen enough but definitely should.

 

The meeting continued and it now falls to us to come up with ideas to put forward on how to raise money, in the short term to save the club.

 

So come on then Ladies and Gents we need ideas. There is another meeting arranged for Wednesday to discuss things further and to try and co-ordinate the whole thing. There is a fear that things can become fragmented and disorganised, which we need to avoid. We need to work as one. The feeling is positive, with AA, Chainrai et al out of the picture, it feels like we maybe able to unite and get through this, it looks like it maybe up to us.

 

I hope this covers everything, it’s pretty simple really we need £1/2m in the short term, the long term is another matter.

 

On a personnel note TB does come across well and is making all the right noises and is a million miles apart from AA. BUT he is the administrator, and his priority is to the creditors, and his obligation is to them. He has a football background and makes all the right noises about saving the club, but I do think that people maybe forgetting that the creditors are his main concern, the clubs survival is dependant on whether or not it best suits the creditors. Maybe EQ or LT can give a bit more on this, it is, as I say just a personnel observation/interpretation.

 

Edit....Obviously any questions feel free to ask.

 

So come on then lets get ideas moving and save our club it looks like it’s up to us.

 

PUP.

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That's next years parachute payments advanced then. They'll finish the season, the FL will not have the bottle - they'll do all they can to keep them running until may.

wasn't there a query over whether they were entitled to the PP's mentioned in the past week ?

would pmsl if they got together & raised a decent amount of cash before the deadline but just feel short :D

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That's next years parachute payments advanced then. They'll finish the season, the FL will not have the bottle - they'll do all they can to keep them running until may.

 

But the SURELY the other relegation candidates MUST step in and demand further Points Penalties?

 

Allowing them to draw down their future (how long are some of those player contracts?) to get to the end of the season? Can see the bottom 4 clubs asking for another deduction and getting the clubs that could lose out IF their points are expunged to agree to support that line.

 

Can just see them continuing to pay Kanu & BTH in L1.......

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