Hatch Posted 2 March, 2012 Share Posted 2 March, 2012 Alex Goring Crook@alex_crook (National newspaper journalist, Soccer Saturday commentator and reporter for Road to London and World of Football TV shows) Spoken to potential new #pompey owner and he says the club are no longer a viable purchase due to lack of parachute payments and wage bill Says any owner would have to stump up £11m pounds just to cover wages of #pompey players contracted next season Also says administrator's comments yesterday may put off buyers as they may not have time to carry out due diligence before #Pompey fold Would not be fair to name him but he has experience of running clubs at highest level and has been monitoring the #pompey situation 4 2 yrs. British. Needs to be someone who loves the club and willing to lose a lot of money Due Diligence on that mob would take 5 fukcing years Link to comment Share on other sites More sharing options...
Whitey Grandad Posted 2 March, 2012 Share Posted 2 March, 2012 Due Diligence on that mob would take 5 fukcing years Due Diligence would mean that you wouldn't touch them with a bargepole. Link to comment Share on other sites More sharing options...
Sour Mash Posted 2 March, 2012 Share Posted 2 March, 2012 I asked before but did not get an answer. If pompey go phut before the parachute payments are made will there be any money to forward to gady? Surely once they are liquidated the PL will stop paying? It's a good point. Gadaymak and Chanrai need to make a few big decisions on whether it is worth the costs and hassle of keeping them going in order to get future moneis out of the Skates. Then there is the point of whether they would be allowed to get back involved running the club at all and how much they'll get back if they keep the club going for another year or so. Link to comment Share on other sites More sharing options...
holepuncture Posted 2 March, 2012 Share Posted 2 March, 2012 From Harry's press conference on sky sports, when asked about Pompey... "I know who I'd like to see buy it" When pushed about who he says... "I can't say but I'm sure something will happen I remember 'arry gobbing off when baloo and csi were getting into bed too. "Never in the History of British Football, has so Phew owed so much to so many" I like this, I like this alot! Alex Goring Crook@alex_crook (National newspaper journalist, Soccer Saturday commentator and reporter for Road to London and World of Football TV shows) Spoken to potential new #pompey owner and he says the club are no longer a viable purchase due to lack of parachute payments and wage bill Says any owner would have to stump up £11m pounds just to cover wages of #pompey players contracted next season Also says administrator's comments yesterday may put off buyers as they may not have time to carry out due diligence before #Pompey fold Would not be fair to name him but he has experience of running clubs at highest level and has been monitoring the #pompey situation 4 2 yrs. British. needs to be someone who loves the club and willing to lose a lot of money David Dein? His name has been touted before, not sure why he would go to poopey - the figures just do not add up. This is the problem for pompey and why moneyfields is the only realistic option. So you buy pompey for £30 odd million and write off the unsecured debts in a 5 year CVA at around £4-5m. You then have the priviledge of paying for a quality over quantity first team squad at the additional cost of £11 million for the first year and probably reasonably close to that the year after (after last summers russian spree). And what do you get for your £50 odd million?..: A badge A CWAB Thats it, lock stock and barrell. You inherit other negative aspects too, Chinny owning the ground who could place big rent costs on you, and you have to pay Gadymack £6k each and every week to use his carpark. The brand is stained beyond repair, multiple court appearances, local, national and international media outlets reporting negative stories on a daily basis. There is also the issue that the club wont get anywhere near breaking even with the paultry crowds. AA had worked out 14,000 were needed to B/E with a £10m wage bill IIRC with thesupport of parachute. You also will be renting an arena which is falling apart, scrapes through its health and safety, has no toilets, no hot water, fat in the pipes, no corporate seats. No training ground, no academy, and to really top it off; you have TCWTB and about 300 others who have season tickets for life... those 300 STs is a fair old whack of money each and every year - it would go half way to paying Gadymack for his car park! Sorry to repeat all that again, but the figures still dont stack up. Love it. Link to comment Share on other sites More sharing options...
Winchester Red Posted 2 March, 2012 Share Posted 2 March, 2012 Good point. Would either of these individuals still pass as fit and proper? Link to comment Share on other sites More sharing options...
Gemmel Posted 2 March, 2012 Share Posted 2 March, 2012 Good point. Would either of these individuals still pass as fit and proper? Had a little thought earlier on, after android has said chinny will come back in and take charge....... That they fail chinny second time round. Now that would be funny Link to comment Share on other sites More sharing options...
stevegrant Posted 2 March, 2012 Share Posted 2 March, 2012 It's a good point. Gadaymak and Chanrai need to make a few big decisions on whether it is worth the costs and hassle of keeping them going in order to get future moneis out of the Skates. Then there is the point of whether they would be allowed to get back involved running the club at all and how much they'll get back if they keep the club going for another year or so. Assuming Birch's comments that you'd need £11m just to satisfy next season's wage bill are correct, then automatically the answer is "no, it's not worth the cost or hassle". There are £14m of parachute payments outstanding, of which at least half are already set aside for football creditors, which only leaves (at the most) £7m to play with. If they're seriously considering chucking in £11m to get £7m out, they're in the wrong business, I suspect. Link to comment Share on other sites More sharing options...
SuperMikey Posted 2 March, 2012 Share Posted 2 March, 2012 Holepuncture, I nearly vomited into my glass of water when I saw that picture. Please refrain from posting any images of that c*nt ever again. Many thanks, SuperMikey esq. Link to comment Share on other sites More sharing options...
Hatch Posted 2 March, 2012 Share Posted 2 March, 2012 can Holepuncture be suspended for a day or something, that was not marked NWS and quite horrific. PS. Is TCWTB still on twitter? Link to comment Share on other sites More sharing options...
bristolsaint29 Posted 2 March, 2012 Share Posted 2 March, 2012 Holepuncture, I nearly vomited into my glass of water when I saw that picture. Please refrain from posting any images of that c*nt ever again. Many thanks, SuperMikey esq. I also had a little bit off sick appear Link to comment Share on other sites More sharing options...
Guan 2.0 Posted 2 March, 2012 Share Posted 2 March, 2012 Holepuncture, I nearly vomited into my glass of water when I saw that picture. Please refrain from posting any images of that c*nt ever again. Many thanks, SuperMikey esq. Wasn't there a saints equivalent in the days of S4E done as a ****take? Link to comment Share on other sites More sharing options...
Gingeletiss Posted 2 March, 2012 Share Posted 2 March, 2012 A lot of our esteemed posters are assuming they will get a CVA this time round, I'm thinking they definitely won't. So if they're not liquidated (my belief for the last million years it seems), then they will get a sh1t load of points, and possibly after the cut of date as well. So it could be relegation, with -1 zillion next season. Link to comment Share on other sites More sharing options...
Truckasaurus Posted 2 March, 2012 Share Posted 2 March, 2012 I feel quite ill after looking at that. What's it gonna do every saturday when poopey go pop? Link to comment Share on other sites More sharing options...
stevegrant Posted 2 March, 2012 Share Posted 2 March, 2012 Liam Lawrence loaned to Cardiff until the end of the season. Link to comment Share on other sites More sharing options...
Saints foreva Posted 2 March, 2012 Share Posted 2 March, 2012 Liam Lawrence loaned to Cardiff until the end of the season. But I thought they were together as one? Link to comment Share on other sites More sharing options...
StDunko Posted 2 March, 2012 Share Posted 2 March, 2012 Liam Lawrence loaned to Cardiff until the end of the season. We could really end up stuffing them quite convincingly at SMS if they keep off loading what little talent they have. Fingers crossed they have a bunch of kids out against us in that game. Link to comment Share on other sites More sharing options...
warsash saint Posted 2 March, 2012 Share Posted 2 March, 2012 Liam Lawrence loaned to Cardiff until the end of the season. Oh noes ..... whos going to man the ticket office now ?? Link to comment Share on other sites More sharing options...
ericofarabia Posted 2 March, 2012 Share Posted 2 March, 2012 The Anti Skatesmuff Backlash has reached Dubai at last ..... An even better sign on here!!! http://gulfnews.com/news/gulf/uae/general/fishy-commuters-raise-a-stink-on-dubai-metro-1.988214 Link to comment Share on other sites More sharing options...
Lifelongsaint83 Posted 2 March, 2012 Share Posted 2 March, 2012 Adam Emberson @FroggyPFC #pompey re:Lawrence.Not sure how getting rid of his 20k and Eriks 17k is going to help us survive that long?its only just over 100k a month. They would much prefer to keep all the high earners and go out of business much sooner.....I like it Link to comment Share on other sites More sharing options...
Hatch Posted 2 March, 2012 Share Posted 2 March, 2012 I would PMSL if he got injured tomorrow and Cardiff had to send him back.. Link to comment Share on other sites More sharing options...
Glasgow_Saint Posted 2 March, 2012 Share Posted 2 March, 2012 http://www.cardiffcityfc.co.uk/page/NewsDetail/0,,10335~2631382,00.html Link to comment Share on other sites More sharing options...
Gingeletiss Posted 2 March, 2012 Share Posted 2 March, 2012 Liam Lawrence loaned to Cardiff until the end of the season. 20 sutton88pompeytilidie Friday, March 2, 2012 at 05:21 PM Just seen liam Lawrence is off to Cardiff, see who appy gets in gotta be a better player surely!!! Fancy a sneaky win tomorrow PUP Link to comment Share on other sites More sharing options...
Pugwash Posted 2 March, 2012 Share Posted 2 March, 2012 Liam Lawrence loaned to Cardiff until the end of the season. Christ! Who's gonna man the ticket office now??? (damn you Warsash!) Link to comment Share on other sites More sharing options...
Lifelongsaint83 Posted 2 March, 2012 Share Posted 2 March, 2012 I wonder which West Brom player Appleton will bring in this time..Pompey are turning into West Brom reserves Link to comment Share on other sites More sharing options...
trousers Posted 2 March, 2012 Share Posted 2 March, 2012 Liam Lawrence loaned to Cardiff until the end of the season. Any idea which WBA they'll be loaning in on a free to replace him? Edit: great minds thinking alike again.. . :-) Link to comment Share on other sites More sharing options...
EastleighSoulBoy Posted 2 March, 2012 Share Posted 2 March, 2012 Liam Lawrence loaned to Cardiff until the end of the season. He'll love the Cardiff night clubs, he'll get a good slapping if he hits someone up there! Link to comment Share on other sites More sharing options...
toofarnorth Posted 2 March, 2012 Share Posted 2 March, 2012 There is no way Cardiff will be paying his full wages. Link to comment Share on other sites More sharing options...
Weston Saint Posted 2 March, 2012 Share Posted 2 March, 2012 from 3 days ago "Liam Lawrence underlined his commitment to the Pompey cause and said: I won’t walk out on this club. The influential Blues skipper rallied the troops last week and even turned his hand to working in Pompey’s ticket office to help get more fans to Fratton Park. And, despite being one of the club’s top earners, Lawrence has shrugged off any talk of following Erik Huseklepp out of the Blues on loan and insists he is determined to help Pompey beat their latest brush with disaster. Lawrence said: ‘I came to this club to try to help it get up the league and get back in the Premier League – that’s why I’ve stayed." Obviously did not do a good enough job of selling tickets! Link to comment Share on other sites More sharing options...
Crab Lungs Posted 2 March, 2012 Share Posted 2 March, 2012 Lol at them loaning them out to all our immediate rivals. One last gasp attempt to try and get one over us. Link to comment Share on other sites More sharing options...
derry Posted 2 March, 2012 Share Posted 2 March, 2012 Lol at them loaning them out to all our immediate rivals. One last gasp attempt to try and get one over us. That will really work as we still have to play them. Link to comment Share on other sites More sharing options...
Joey-deacons-left-nut Posted 2 March, 2012 Share Posted 2 March, 2012 Lawrence is always injured anyway. Link to comment Share on other sites More sharing options...
Sour Mash Posted 2 March, 2012 Share Posted 2 March, 2012 Assuming Birch's comments that you'd need £11m just to satisfy next season's wage bill are correct, then automatically the answer is "no, it's not worth the cost or hassle". There are £14m of parachute payments outstanding, of which at least half are already set aside for football creditors, which only leaves (at the most) £7m to play with. If they're seriously considering chucking in £11m to get £7m out, they're in the wrong business, I suspect. But is it really £11million? Yes they've got players on over-inflated contracts but its far from impossible to shift them on over the summer one way or another. Then you have to take into consideration they do have some other income apart from the parachute payments. Still a bleak picture, but I'd be surprised if they aren't at least taking a look at the figures to see what they can wrangle. Link to comment Share on other sites More sharing options...
qwertySFC Posted 2 March, 2012 Share Posted 2 March, 2012 Yes Liam - you were all in this together lol Oh until cardiff came along to pay 100% of ya wages I expect lol Link to comment Share on other sites More sharing options...
Sour Mash Posted 2 March, 2012 Share Posted 2 March, 2012 Could it be that some of the players have now realised that if they're liquidated they won't get much of the money they're owed at all? Link to comment Share on other sites More sharing options...
hypochondriac Posted 2 March, 2012 Share Posted 2 March, 2012 To be fair, I doubt Liam ha much alternative. Link to comment Share on other sites More sharing options...
qwertySFC Posted 2 March, 2012 Share Posted 2 March, 2012 There is no way Cardiff will be paying his full wages. Blues administrator Trevor Birch said: “It’s very tough to lose Liam but the club is in a grave situation and we have to do everything we can to stay afloat. ‘We are receiving a loan fee from Cardiff, who are paying Liam all his wages, so it’s a deal that is going to make a significant difference to us over the coming weeks.’ Link to comment Share on other sites More sharing options...
ohwhenthesaints Posted 2 March, 2012 Share Posted 2 March, 2012 Isn't it nice to see them doing the right thing at last? Just a shame that it took an administrator chosen by HMRC to force them into it. Link to comment Share on other sites More sharing options...
Lifelongsaint83 Posted 2 March, 2012 Share Posted 2 March, 2012 Karl Dell @bluekarlos I'm mythed! I know inorder to save the club we need to make major sacrifice, but don't we need a squad to complete fixtures aswell #pompey When someone decides to support Portsmouth is there some sort of spell that strips you of brain cells? Link to comment Share on other sites More sharing options...
Window Cleaner Posted 2 March, 2012 Share Posted 2 March, 2012 When someone decides to support Portsmouth is there some sort of spell that strips you of brain cells? nope,lack of brain cells would seem to be a pre-requisite. Link to comment Share on other sites More sharing options...
ericofarabia Posted 2 March, 2012 Share Posted 2 March, 2012 There is no way Cardiff will be paying his full wages. seems a bit weird .... Huseklepp going to Brum and Lawrence going to Cardiff ..... I thought both these clubs were also on the brink of bankruptcy .... where are they suddenly finding shed loads of cash to pay these 2's wages? Link to comment Share on other sites More sharing options...
Lifelongsaint83 Posted 2 March, 2012 Share Posted 2 March, 2012 nope,lack of brain cells would seem to be a pre-requisite. Very true, to support Pompey you would need to have a shortage of brain cells to make that choice Link to comment Share on other sites More sharing options...
Sour Mash Posted 2 March, 2012 Share Posted 2 March, 2012 Blues administrator Trevor Birch said: “It’s very tough to lose Liam but the club is in a grave situation and we have to do everything we can to stay afloat. ‘We are receiving a loan fee from Cardiff, who are paying Liam all his wages, so it’s a deal that is going to make a significant difference to us over the coming weeks.’ Who the f**k at Cardiff negotiated that deal? Rubbish. Link to comment Share on other sites More sharing options...
Weston Super Saint Posted 2 March, 2012 Share Posted 2 March, 2012 One for me, one for tal, one for AA. One for me, one for tal, one for AA. Oi, nipper, you got any more or do I need to 'butt your old man? Link to comment Share on other sites More sharing options...
Ric Posted 2 March, 2012 Share Posted 2 March, 2012 Lol at them loaning them out to all our immediate rivals. One last gasp attempt to try and get one over us. I see this as a bonus for us. We've played Cardiff twice already, and are 9 points ahead of them in the table (same number of games played, too). They have yet to play Birmingham & Middlesbrough... oh, and the small matter of West Ham on Sunday. If he can help them get points against that lot (particularly WHU), then it's a great move for us Link to comment Share on other sites More sharing options...
Lifelongsaint83 Posted 2 March, 2012 Share Posted 2 March, 2012 Ok 2 stupid tweets.... Sarah Stone @sjs1956 Wenger and Odemwingie win awards - expect to see Appy included #pompey bbc.co.uk/sport/0/footba… Apparently Appleton will be included in the Championship manager of the month award.... Dino @Pompeyboy66 WTF is going on!... "@FCPortsmouth: Liam lawrence has gone to cardiff on loan #gutted #pompey #PackThePark" And this guy just doesnt know whats going on lol I love reading tweets from that lot Link to comment Share on other sites More sharing options...
Dr Octopus Posted 2 March, 2012 Share Posted 2 March, 2012 Ssn just said this fella is in talks with the administrator, sorry if already posted. http://en.m.wikipedia.org/wiki/Brian_Howe_(singer) Link to comment Share on other sites More sharing options...
dronskisaint Posted 2 March, 2012 Share Posted 2 March, 2012 What will TCWTB do when he has no club? Same as now...fester and irritate but a bit more aimlessly Link to comment Share on other sites More sharing options...
Give it to Ron Posted 2 March, 2012 Share Posted 2 March, 2012 Ssn just said this fella is in talks with the administrator, sorry if already posted. http://en.m.wikipedia.org/wiki/Brian_Howe_(singer) Dr Octopus he has been in talks for weeks with them. As someone posted the other day he is the Pinnacle of the takeover - he lost his money man yesterday. He has already admitted he doesnt have enough to takeover Link to comment Share on other sites More sharing options...
TopGun Posted 2 March, 2012 Share Posted 2 March, 2012 But they still can't force King Kanu to retire Link to comment Share on other sites More sharing options...
Dr Octopus Posted 2 March, 2012 Share Posted 2 March, 2012 Dr Octopus he has been in talks for weeks with them. As someone posted the other day he is the Pinnacle of the takeover - he lost his money man yesterday. He has already admitted he doesnt have enough to takeover My bad, I had just woke from a nap but it was reported as though it was news just in. Must of missed it on the thread. Thanks. Link to comment Share on other sites More sharing options...
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