Viking Warrior Posted 7 March, 2012 Share Posted 7 March, 2012 I wondered how long it would be before they clicked I was a saints supporter on pompey online. Still it amuses them . Glad I was able to make them smile for a little while Link to comment Share on other sites More sharing options...
pfc123 Posted 7 March, 2012 Share Posted 7 March, 2012 Sometimes you can look too hard for conspiracies... Noooooo! Surely not? Link to comment Share on other sites More sharing options...
dubai_phil Posted 7 March, 2012 Share Posted 7 March, 2012 Noooooo! Surely not? Amazing where people will turn to for the chance of some hope. Shouldn't you be riting leters to rich peeple in yor spare tyme to make them buy your club so your bestest fans can fiddle some more points off them wot try to do things rite Link to comment Share on other sites More sharing options...
Crab Lungs Posted 7 March, 2012 Share Posted 7 March, 2012 Well, well, well, look who has materialised since the "good" news Link to comment Share on other sites More sharing options...
pfc123 Posted 7 March, 2012 Share Posted 7 March, 2012 Amazing where people will turn to for the chance of some hope. Oh the irony.... Link to comment Share on other sites More sharing options...
Channon's Sideburns Posted 7 March, 2012 Share Posted 7 March, 2012 Oh the irony.... Bloody hell you had some jump leads on the nipples or something? Link to comment Share on other sites More sharing options...
The9 Posted 7 March, 2012 Share Posted 7 March, 2012 Wow-wie, you're being very generous there by about 3000+ I'd say. Still, just over 1000 of the "world's bestest" made the long, arduos trek up all the way up the motorway in their hour-of-need to far-flung Reading last night. That must have been a full 2 gallons of petrol in the car. It's based on their average attendance. I try to deal in facts to underpin the irrational hatred. Link to comment Share on other sites More sharing options...
The9 Posted 7 March, 2012 Share Posted 7 March, 2012 Only if they weren't playing in Scotland. When a new club seeks affiliation with a regional FA (and, as a result, the national FA), it has to provide details of its registered address and home ground. If both of those are in Scotland, there's no regional FA in England that would accept their application. Gretna FC (before they joined the Scottish League) beg to differ. Link to comment Share on other sites More sharing options...
The9 Posted 7 March, 2012 Share Posted 7 March, 2012 Why the difference with Welsh based clubs? Because welsh clubs have been part of the English League for over 100 years, there's no difference in English and Welsh law (at least there wasn't until the bloody Assembly was created in 1996, now there are some distinctly tin-pot differences) and there was no League of Wales until 1992 for half-decent clubs in Wales to play in. The Scottish League has basically been around for as long as the English one. Link to comment Share on other sites More sharing options...
St Chalet Posted 7 March, 2012 Share Posted 7 March, 2012 So the Portsmouth Supporters Trust first action after signing a 'Non-Disclosure Agreement' is to disclose they have signed one? With that sort of commercial and legal expertise they will be out of trouble in no time Link to comment Share on other sites More sharing options...
The9 Posted 7 March, 2012 Share Posted 7 March, 2012 Also, let's not start going over welsh clubs in the English pyramid, there have been loads. Even Barry Town were in it until they jumped ship and became Barri (before bankruptcy). I'm not even sure Merthyr even still exist now, they went pop and reformed a year or two ago, I think. Link to comment Share on other sites More sharing options...
djharvey Posted 7 March, 2012 Share Posted 7 March, 2012 Oh the irony.... Oh the reality..... Link to comment Share on other sites More sharing options...
trousers Posted 7 March, 2012 Share Posted 7 March, 2012 Can someone explain the CVA? How are they able to write off all this debt? Does this mean other clubs can just take a points hit and write off all their debts too? And further than that, could they go on summer spending sprees, see if it gets them promotion, then if it fails go into administration, write off the debts and start over? Hitherto known as "The Pompey Model"... Link to comment Share on other sites More sharing options...
tony13579 Posted 7 March, 2012 Share Posted 7 March, 2012 Did the league get the money from WHU? Link to comment Share on other sites More sharing options...
nrhsaint Posted 7 March, 2012 Share Posted 7 March, 2012 mmmm... If wimbledon can move to milton keynes, how much more of a stretch is it from glasgow to portsmouth? Or maybe somewhere with untapped potential, celtic warrington? i think you will find that we have an english team playing in the jockish league. Link to comment Share on other sites More sharing options...
alpine_saint Posted 7 March, 2012 Share Posted 7 March, 2012 i think you will find that we have an english team playing in the jockish league. Berwick Rangers, non ? Link to comment Share on other sites More sharing options...
Chez Posted 7 March, 2012 Share Posted 7 March, 2012 why does AA think the £16.5 CVA would probably reduce down to £10m? Link to comment Share on other sites More sharing options...
badgerx16 Posted 7 March, 2012 Share Posted 7 March, 2012 why does AA think the £16.5 CVA would probably reduce down to £10m? Because he knows that PKF will work out the bits where he over valued things to undercut HMRC. PKF will recalcuate the debt based on more accurate figures having discounted AA's fantasy ones. Link to comment Share on other sites More sharing options...
trousers Posted 7 March, 2012 Share Posted 7 March, 2012 Because he knows that PKF will work out the bits where he over valued things to undercut HMRC. PKF will recalcuate the debt based on more accurate figures having discounted AA's fantasy ones. And then the regulators (ha ha) of the Administration industry charge AA with falsifying the figures to rig the outcome of the original CVA? (insert *chortle* here) Link to comment Share on other sites More sharing options...
Dark Munster Posted 7 March, 2012 Share Posted 7 March, 2012 Care to explain why odd ? Link to comment Share on other sites More sharing options...
rallyboy Posted 7 March, 2012 Share Posted 7 March, 2012 why does AA think the Football League will decide that Portsmouth Football Club has nothing to do with....Portsmouth Football Club? OldCo, NewCo, change of owners - it's all the same club, same liabilities, and the same golden share that can be withdrawn. Or are the few now supporting a team that has no history, and has never won a thing? So their all time record attendance was when a big club came to town back in December 2011...better get Jimmy Dickinson off that stand, the painting of Storrie can be taken down, and the statue of Utaka with his **** Turpin mask and wheelbarrow of cash can go too. This is new improved fresh pompey, leaving all previous dirty pompeys behind. Or is it just AA making it up again. Link to comment Share on other sites More sharing options...
Dark Munster Posted 7 March, 2012 Share Posted 7 March, 2012 Did the league get the money from WHU? Link to comment Share on other sites More sharing options...
Dark Munster Posted 8 March, 2012 Share Posted 8 March, 2012 http://www.portsmouth.co.uk/sport/pompey/pompey-past/i-m-a-last-resort-for-pompey-says-balram-chainrai-1-3595207 He added: ‘I won’t lose anything if the club is liquidated. I don’t have ulterior motives. I’m just a normal guy in Hong Kong with a normal healthy business.’ Meanwhile former Pompey chief executive Peter Storrie has quashed rumours surfacing on Twitter that he was mounting a consortium to takeover the club. He said: ‘I am happy to help in any way I can.......PMSL http://www.portsmouth.co.uk/sport/pompey/pompey-past/comment-fratton-s-future-is-in-the-administrator-s-hands-1-3595197 Cheats update Amazing, Chinny won't lose a penny of the £17 million that he says he ploughed into the cesspit, if they fold?? Or maybe, it's the case of Chinny won't be losing a penny of the £(insert small number here) million that he actually put into the cesspit, if they fold? Link to comment Share on other sites More sharing options...
SaintBobby Posted 8 March, 2012 Share Posted 8 March, 2012 I love this thread. It has set the tone. But here's a request for help. I think there is now a conclusive case that Birch is acting on his own money to keep the skates alive. I think this needs underlining. I am therefore drafting a letter to the FSA in these terms, but am uncertain that thus is the right route? Link to comment Share on other sites More sharing options...
Saint in Paradise Posted 8 March, 2012 Share Posted 8 March, 2012 Below is part of a letter to the FL from my wife and then the interesting part of their reply. Wife :- I now read that West Ham wish to borrow a player and will pay money to Portsmouth BUT this is obviously only because they are frightened about losing 6 points if Portsmouth are liquidated.Surely this is very unethical and a massive blow against your ( FL ) bid to make all competition fair and square? I mean West Ham have a great squad already and don't need our player, would he even get a game.? I have now been told by my husband that you have put a transfer embargo on so how come we have been allowed to bring in loan players? Also how come we are allowed to let players out on loan when we must have a certain number? I remember Bournemouth being refused permission to do exactly the same a couple of years ago during their financial problems." FL :- Currently as Portsmouth is in the hands of the administrator it is at their discretion which of the club’s assets is sold/removed on an ongoing basis from the playing squad and The League has no jurisdiction over who this is. Any football club that is in administration will be subject to a transfer registrations embargo. The principle being that where clubs are not able to afford their current playing squad they are not permitted to sign anyone else. In view of any embargo The Football League cannot allow a club to sign any new players, unless they are unable to field a team, i.e. name fourteen fit players for any match (11 starters plus 3 ‘usable outfield substitutes’ – which is usual Football League policy). However, we only take account of players with any first team experience and young professionals who haven’t played at first team level are therefore discounted. At present The League cannot currently comment any further in relation to Portsmouth and any further statement will appear on our website in due course. . Link to comment Share on other sites More sharing options...
dubai_phil Posted 8 March, 2012 Share Posted 8 March, 2012 Past week or so has seen a change. The infection of this thread by the phew has seen a difference in tone. They still lurk but now only come out to bite. Those of us who believed that their Punishment should fit their crimes are starting to be vindicated, they are clearly starting to hurt. Of course, the real fans felt this some years ago and most stayed away. Seems with the announcements that they will struggle on until at least the end of the season, so the pain stays longer. Oh good. One other funny? The way their "plight" has been worked out by the media, and how they have been ignored in the rush to cover all angles of the demmise of what is an ACTUAL football club, with a REAL global fan base I'm still "glad" they got away with it for these past years. Just imagine - if they had stopped wallowing in Self pity TWO years ago and re-formed Plan B they'd have been getting close to sensible non-League football by now. But oh no, they all waited for another crook to come along. WTFILN Link to comment Share on other sites More sharing options...
yoda Posted 8 March, 2012 Share Posted 8 March, 2012 I love this thread. It has set the tone. But here's a request for help. I think there is now a conclusive case that Birch is acting on his own money to keep the skates alive. I think this needs underlining. I am therefore drafting a letter to the FSA in these terms, but am uncertain that thus is the right route? Not sure that's a problem - I believe the Administrator is personally liable for the finances of the club - if he's silly enough to bankroll them from his own pocket that's his lookout? Link to comment Share on other sites More sharing options...
Ken Tone Posted 8 March, 2012 Share Posted 8 March, 2012 Just a slight difference, didn't Peter Reid sell his FA Cup winners medal to try and raise funds for Plymouth... and Pompey have done... er yeah, exactly. Exactly. This is a new low by the blue few. To ask other clubs' fans to supprt them as many did Plymouth is an insult to Plymouth. How dare they compare themselves to a club that had been through the mill for years, dropped to the bottom of L2 because of its attempts to spend only what it could afford, and as you say even had their manager, not just work for nothing but auction off his FA cup winners' medal to raise money for the club? Meanwhile Ben Haim has possibly agreed to delay for a few weeks receving a small part of his nearly £1.9 million a year salary... and some rumours even deny that. It's like having a banker, "suffering" because of a smaller than usual bonus, asking for charity to keep up the payments on his Ferrari, and comparing himself to a homeless person. Link to comment Share on other sites More sharing options...
miserableoldgit Posted 8 March, 2012 Share Posted 8 March, 2012 http://www.dailymail.co.uk/sport/football/article-2111827/Portsmouth-face-future-non-league.html Link to comment Share on other sites More sharing options...
pedg Posted 8 March, 2012 Share Posted 8 March, 2012 http://www.dailymail.co.uk/sport/football/article-2111827/Portsmouth-face-future-non-league.html At least we no know where the woman on the mobility scooter was heading Link to comment Share on other sites More sharing options...
dubai_phil Posted 8 March, 2012 Share Posted 8 March, 2012 http://www.dailymail.co.uk/sport/football/article-2111827/Portsmouth-face-future-non-league.html Good article The payments are normally made on a monthly basis to all League clubs and are worth around £200,000 to Championship sides. Read more: http://www.dailymail.co.uk/sport/football/article-2111827/Portsmouth-face-future-non-league.html#ixzz1oW8CfaP3 That should see TBH & Kitson alright to the end of the season then Perversely, the 30 members of office staff who have been made redundant without any financial compensation take their place in a lengthy queue of creditors. Read more: http://www.dailymail.co.uk/sport/football/article-2111827/Portsmouth-face-future-non-league.html#ixzz1oW9JYQtF Always the poor foot soldiers Link to comment Share on other sites More sharing options...
Jimmy_D Posted 8 March, 2012 Share Posted 8 March, 2012 http://www.dailymail.co.uk/sport/football/article-2111827/Portsmouth-face-future-non-league.html Beginning of the end from the administrator's point of view by the look of it. His language has subtly changed, towards admitting there's not much left he can do. Link to comment Share on other sites More sharing options...
Brizzie Saints Posted 8 March, 2012 Share Posted 8 March, 2012 [h=1]Premier League or bust as debts pile up on Birmingham[/h] By Neil Moxley Last updated at 11:21 PM on 7th March 2012 Birmingham face the prospect of either winning promotion or going into administration. Figures obtained by Sportsmail show the club will run out of money unless they rise out of the Championship. They stand sixth but are losing £10million a year. Cash crisis: Birmingham, in action against Chelsea in the FA Cup on Tuesday, will run out of money if they fail to gain promotion The wages of Chris Hughton's squad are just less than the club's annual turnover. The sales of Liam Ridgewell and Jean Beausejour mean the club have enough cash to get through the play-offs but, unless more is found, it will run out by June. That is the fall-out from last season's relegation from the top-flight. No go: The club cannot remortgage St Andrews The publication of the year's accounts has already been delayed until April 30 and the club are subject to a Football League transfer embargo. The figures are expected to show a small profit. But this has been generated by the summer sales of Roger Johnson and Craig Gardner for almost £10m as well as Ridgewell and Beausejour, and with contracts such as the £2.5m a year paid to Nikola Zigic, they are heading for more losses next season. Expensive: Zigic is costing the Championship club £2.5m a year The club cannot raise cash by remortgaging St Andrew's as HSBC hold the deeds to the ground as security on an outstanding loan. The bank have withdrawn a £7m overdraft, further increasing pressure on the club's absent owner Carson Yeung, who is facing fraud charges in Hong Kong relating to £59.7m in a case of alleged money laundering Read more: http://www.dailymail.co.uk/sport/football/article-2111813/Birmingham-run-money-fail-make-Premier-League.html#ixzz1oWCsdyjl Link to comment Share on other sites More sharing options...
Verbal Posted 8 March, 2012 Share Posted 8 March, 2012 Beginning of the end from the administrator's point of view by the look of it. His language has subtly changed, towards admitting there's not much left he can do. Indeed. The Times also picks up on this story (can't link to it unfortunately without having to give Murdoch money). Link to comment Share on other sites More sharing options...
saintalan Posted 8 March, 2012 Share Posted 8 March, 2012 http://www.dailymail.co.uk/sport/football/article-2111827/Portsmouth-face-future-non-league.html "Some fans are in favour of accepting that fate with the guarantee that crowds of 15,000 at Fratton Park will cheer them on as they fly through the divisions." Link to comment Share on other sites More sharing options...
trousers Posted 8 March, 2012 Share Posted 8 March, 2012 I think there is now a conclusive case that Birch is acting on his own money to keep the skates alive. I think this needs underlining. Is this connected to the re-issuing of the 'Appointment of Administrators' announcement yesterday, whereby Birch's name was excluded? Link to comment Share on other sites More sharing options...
Window Cleaner Posted 8 March, 2012 Share Posted 8 March, 2012 http://www.portsmouth.co.uk/sport/pompey/pompey-past/exclusive-pompey-will-be-able-to-finish-rest-of-season-1-3598825 Funds released! Told you so.The Football League will do anything to avoid a fixture default by an NPC club, might let it happen in League 2 but it won't happen a few games from the end of the season in the Championship. All the "we won't make the end of the season" crap is just ritual whining to get advances from the FL. Link to comment Share on other sites More sharing options...
Jimmy_D Posted 8 March, 2012 Share Posted 8 March, 2012 There's only so much the FL can do. This is money that Pompey would have normally got anyway had they not gone into administration. There's still no guarantee they'll even make it to the Saints game at the moment. Of course it suits everyone to let the fans think they'll make it to the end of the season because it reduces the risk they'll all kick off at some point. Link to comment Share on other sites More sharing options...
View From The Top Posted 8 March, 2012 Share Posted 8 March, 2012 Told you so.The Football League will do anything to avoid a fixture default by an NPC club, might let it happen in League 2 but it won't happen a few games from the end of the season in the Championship. All the "we won't make the end of the season" crap is just ritual whining to get advances from the FL. All they've done is give them the money they were entitled to, no more than that. Even most skates understand that. Link to comment Share on other sites More sharing options...
trousers Posted 8 March, 2012 Share Posted 8 March, 2012 (edited) http://www.dailymail.co.uk/sport/football/article-2111827/Portsmouth-face-future-non-league.html Subtle as a brick! Edited 8 March, 2012 by trousers Link to comment Share on other sites More sharing options...
badgerx16 Posted 8 March, 2012 Share Posted 8 March, 2012 This is money that Pompey would have normally got anyway had they not gone into administration. Plus, it seems that some is being diverted to cover 'football debts', so the Phew won't get it all. Link to comment Share on other sites More sharing options...
trousers Posted 8 March, 2012 Share Posted 8 March, 2012 All they've done is give them the money they were entitled to, no more than that. Even most skates understand that. Indeed. Withholding the regular payments would only have ever been a temporary measure by the FL, to cover the period between the issuing of the WUP by HMRC and the Administrator getting his feet under the desk. As soon as the League were able to satisfy themselves that their £200k per month was going to be used 'appropriately' then they could turn on the dripping tap again. Just a formality it would seem. Link to comment Share on other sites More sharing options...
stevegrant Posted 8 March, 2012 Share Posted 8 March, 2012 The publication of the year's accounts has already been delayed until April 30 and the club are subject to a Football League transfer embargo. Well worth placing clubs under transfer embargoes outside the transfer window (and yes, I realise that covers out-of-window loans as well, but the emergency loan rules will be tightened up or even removed in the next couple of years) Rather than imposing ineffective registration bans, the Football League should take a leaf out of the Conference's book and hand out points deductions for non-compliance with financial regulations. For example: -1pt for every month the club's tax bill is paid late (or not at all), with the deduction rising each consecutive month, e.g. month 1 would be -1pt, if month 2 also goes unpaid, it's another -1pt for month 2, plus an additional -1 for consecutive months, etc. -1pt for every month the wage bill is paid late (or not at all), again with deductions rising each consecutive month -5pts for failing to publish the club's accounts by the deadline -10pts for entering administration Up to -25pts for exiting administration without agreement to pay 100% to creditors, sliding scale depending on the CVA agreement - this makes it in the buyer's interests to pay back as much of the debt as possible... now *that* would "maintain the integrity of the competition", as the Football League like to quote at any given opportunity. -5pts for altering the agreed timescale for a CVA -10pts for failing to make an agreed payment to a CVA I reckon you'd soon see more clubs fall into line pretty sharpish... Link to comment Share on other sites More sharing options...
Minsk Posted 8 March, 2012 Share Posted 8 March, 2012 Subtle as a brick! I must admit, I laughed when I saw that picture! Link to comment Share on other sites More sharing options...
Minsk Posted 8 March, 2012 Share Posted 8 March, 2012 Well worth placing clubs under transfer embargoes outside the transfer window (and yes, I realise that covers out-of-window loans as well, but the emergency loan rules will be tightened up or even removed in the next couple of years) Rather than imposing ineffective registration bans, the Football League should take a leaf out of the Conference's book and hand out points deductions for non-compliance with financial regulations. For example: -1pt for every month the club's tax bill is paid late (or not at all), with the deduction rising each consecutive month, e.g. month 1 would be -1pt, if month 2 also goes unpaid, it's another -1pt for month 2, plus an additional -1 for consecutive months, etc. -1pt for every month the wage bill is paid late (or not at all), again with deductions rising each consecutive month -5pts for failing to publish the club's accounts by the deadline -10pts for entering administration Up to -25pts for exiting administration without agreement to pay 100% to creditors, sliding scale depending on the CVA agreement - this makes it in the buyer's interests to pay back as much of the debt as possible... now *that* would "maintain the integrity of the competition", as the Football League like to quote at any given opportunity. -5pts for altering the agreed timescale for a CVA -10pts for failing to make an agreed payment to a CVA I reckon you'd soon see more clubs fall into line pretty sharpish... I like it. It seems sensible and appropriate. Therefore, I doubt it will ever happen. Link to comment Share on other sites More sharing options...
rallyboy Posted 8 March, 2012 Share Posted 8 March, 2012 15,000 fans would follow a new club?... What is it with them and putting decimal points in the wrong place?? To add to the penalties above - minus 30 points for any use of a bell within the stadium. Or a clown's hat. And minus 1pt per extra finger counted on those entering the turnstiles, 2pts for thumbs. Link to comment Share on other sites More sharing options...
Whitey Grandad Posted 8 March, 2012 Share Posted 8 March, 2012 http://www.dailymail.co.uk/sport/football/article-2111827/Portsmouth-face-future-non-league.html Even Birch is blaming HMRC now: 'If HMRC had the infrastructure in place they would not rack up the arrears, so that is something they must look at.' Yeah, right, blame everybody except yourselves. How about 'If Portsmouth football Club paid its taxes on time like most businesses they would not rack up arrears'. Link to comment Share on other sites More sharing options...
dronskisaint Posted 8 March, 2012 Share Posted 8 March, 2012 Even Birch is blaming HMRC now: 'If HMRC had the infrastructure in place they would not rack up the arrears, so that is something they must look at.' Yeah, right, blame everybody except yourselves. How about 'If Portsmouth football Club paid its taxes on time like most businesses they would not rack up arrears'. In my business the arrears are due by 19th of the next month...not difficult to deduct at source, add employer's contribution to the total and allocate the payment by bank transfer on the due date. This is called the infrastructure being in place - What is it that infects anyone going near that place with whinging paranoia and some other f*cker's fault disease?! Link to comment Share on other sites More sharing options...
Gingeletiss Posted 8 March, 2012 Share Posted 8 March, 2012 http://www.dailymail.co.uk/sport/football/article-2111827/Portsmouth-face-future-non-league.html The Football League agreeing to resume the two hundred thousand pound monthly payments to this club is akin to giving an alcoholic another bottle of vodka. The lunatics have taken over the asylum. Put them out of their misery now, swiftly & promptly. This has all dragged on for far too long. Other clubs that have been in dire straits in the past have never been granted so many stays of execution! - Rob the Saint in NZ, Hamilton, New Zealand, 08/3/2012 01:48 Loving this quote!! Link to comment Share on other sites More sharing options...
Um Bongo Posted 8 March, 2012 Share Posted 8 March, 2012 Pompey could be in further trouble if they fail to give an adequate response to the FA after a Middlesborough player was hit with a 50p coin during their game last week. The FA have written to Pompey asking them to explain what happened. Link to comment Share on other sites More sharing options...
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