holepuncture Posted 30 March, 2012 Share Posted 30 March, 2012 Please someone ask if we can borrow the $5,000 from the Credit Union to invest in PST, then if we run into a bit of 'personal difficulty' we can repay it at 20p in the pound, over say 5 years. Done. Its great that Scott from the trust has taken a day off to get mugged off by Saints fans on the snooze website. He dosent seem to have a clear plan or any credible answers... his response to the £50m issue... 'its only worth its market value'... forgetting all the secured debt that landlocks the arena until its paid in full. encouraging an 18 year old to take out a credit card to give the pst £1000! thinking they can simply terminate the expensive contracts! Weve had banker, gosport pfc and one or two others, but this is my favourite illustration of how clueless this bid is: Hi Scott, im all for the buyout. But what about the £16m CVA1, £17m secured Chainrai debt, £3m Gadymack secured debt, £2m tax debt, £10m CSI debt, £2m per month wage bill... surely we need £100m? All that for a stadium thats falling apart, and no other assets... Thanks Sue but again, TB has said that PFC is only worth what someone will pay for it. I doubt the good man Chinny and HMRC would agree with that frivilous response Link to comment Share on other sites More sharing options...
Lord Duckhunter Posted 30 March, 2012 Share Posted 30 March, 2012 Scott: TB hopefully will consider the long term prospects of PFC under any bid and choose the best one, not necessarily the highest one I thought that he had a legal requirement to get the most money for the creditors. Link to comment Share on other sites More sharing options...
Lord Duckhunter Posted 30 March, 2012 Share Posted 30 March, 2012 Yes, I got one in................ Link to comment Share on other sites More sharing options...
ALWAYS_SFC Posted 30 March, 2012 Share Posted 30 March, 2012 just bombard them with questions as they have to look at all of themto chose one to reply to... Link to comment Share on other sites More sharing options...
stevegrant Posted 30 March, 2012 Share Posted 30 March, 2012 In order to offer shares to the general public, a company must be a public limited company (plc). The key requirements are that the company’s name and memorandum should state that it is a plc, and that it should have an issued share capital of at least £50,000 sterling or its euro equivalent. If a plc wants to offer shares to the public, it must generally issue a prospectus meeting detailed legal requirements, and will also need to comply with the requirements of any exchange on which the shares are to be traded. The company will need to appoint advisers to handle this complex process. To be fair, I imagine the idea of it being a "share" is just to make the concept easier to understand for their simpletons. It'll be an IPS co-operative, that's the only way the supporters trust model works at the moment, as far as I'm aware, which is then run by the "one member, one vote" system. There's not a cat in hell's chance they'll be floating as a PLC. Link to comment Share on other sites More sharing options...
ALWAYS_SFC Posted 30 March, 2012 Share Posted 30 March, 2012 Scott: Chainrai is a creditor and it is up to Mr Birch how much he receives Really? Link to comment Share on other sites More sharing options...
Trader Posted 30 March, 2012 Share Posted 30 March, 2012 This bloke Scott's living in Cloud Cuckoo Land. Unless he's really talking about Plan B all the time - and he's trying to pull the wool over the eyes of the simple folk at the wrong end of the M27. Link to comment Share on other sites More sharing options...
COMEONYOUREDS Posted 30 March, 2012 Share Posted 30 March, 2012 Haha this guy on the webchat does not have a clue! More fun to come methinks Link to comment Share on other sites More sharing options...
Lord Duckhunter Posted 30 March, 2012 Share Posted 30 March, 2012 The problem is they are so deluded that you can't pick out which ones are Saints on a wind up. Link to comment Share on other sites More sharing options...
COMEONYOUREDS Posted 30 March, 2012 Share Posted 30 March, 2012 15:43 Scott: TB hopefully will consider the long term prospects of PFC under any bid and choose the best one, not necessarily the highest one Really? Link to comment Share on other sites More sharing options...
Truckasaurus Posted 30 March, 2012 Share Posted 30 March, 2012 As i said earier,there is too much debt for a fans takeover,unless several wealthy people do it and from some wealthy people i know they don't throw good money away. Infact they seem to be even more careful with money. It's the thick,poor people who throw money away and although there are alot of thick,poor people live in portsmuff,it's not enough. God bless HMRC. toast. Link to comment Share on other sites More sharing options...
ALWAYS_SFC Posted 30 March, 2012 Share Posted 30 March, 2012 16:08 Comment From Frattoniser is this all one big scam to raise funds for Plan 'B' at Moneyfields? Dont mind if it is, just please be honest HOLEPUNCTURE? Link to comment Share on other sites More sharing options...
St Marco Posted 30 March, 2012 Share Posted 30 March, 2012 Link to comment Share on other sites More sharing options...
andysstuff Posted 30 March, 2012 Share Posted 30 March, 2012 16:10 Comment From John Westwood Can my bell buy a £1000 share? Funniest one yet. Link to comment Share on other sites More sharing options...
Frank's cousin Posted 30 March, 2012 Share Posted 30 March, 2012 I thought that he had a legal requirement to get the most money for the creditors. Its a legal requirement to get the best DEAL for creditors which may be be the highest bid - eg the highest on paper my by to offer 20p in te £ now... but a alterantive may offer more over a longer period by having and investment and growth strategy that may be more risk, but offer better poetntial returns... as I understand it. Link to comment Share on other sites More sharing options...
sotonswan Posted 30 March, 2012 Share Posted 30 March, 2012 16:05 Comment From vestaPFC If Birch rejects PST offer wud the share money be used for plan B. 16:05 Scott: Our aim is to return all monies if our bid is unsuccessful Well I had to check. I wonder how good his aim is though. Link to comment Share on other sites More sharing options...
Joensuu Posted 30 March, 2012 Share Posted 30 March, 2012 This Scott chap avoided all of the tough questions. The £5m he hopes to raise, seems to be a 'purchase price' - but he avoided all questions about how he planned to pay wages. His plan hinges on removing the high earners - but he has no explaination about how he plans to offload TBH et al. Why he thinks he will succeed where Birch and Chainrai have failed confuses me Link to comment Share on other sites More sharing options...
holepuncture Posted 30 March, 2012 Share Posted 30 March, 2012 16:10 Comment From John Westwood Can my bell buy a £1000 share? Funniest one yet. That was brilliant, as was todays webchat. More Saints fans asking the important questions than skates, they aint happy with Scottys vague replies - in one fell swoop it looks like he has lost all confidence from them, they have no faith in him. Incredible that they have just a couple of weeks to raise this fantasy £5 million, no chance in hell. Most people in the country would scoff at the proposal to suddenly magic up a grand in the space of a fortnight, just to give away... Shalala Link to comment Share on other sites More sharing options...
Golden Balls Posted 30 March, 2012 Share Posted 30 March, 2012 Link to comment Share on other sites More sharing options...
Faz Posted 30 March, 2012 Share Posted 30 March, 2012 There seems to me to be a goodly number of steps missing between Birch being the Administrator, and PST buying the Club (including the Ground) for £5m. Link to comment Share on other sites More sharing options...
saint_in_munich Posted 30 March, 2012 Share Posted 30 March, 2012 Why don't we all pay the 100 deposit to swell the numbers and get their hopes up and then at the last minute request a refund less the 2.50 handling fee!! ha ha ha WTFILN Link to comment Share on other sites More sharing options...
Ohio Saint Posted 30 March, 2012 Share Posted 30 March, 2012 Why don't we all pay the 100 deposit to swell the numbers and get their hopes up and then at the last minute request a refund less the 2.50 handling fee!! ha ha ha WTFILN Because history proves that they don't mind cheating? Link to comment Share on other sites More sharing options...
buctootim Posted 30 March, 2012 Share Posted 30 March, 2012 Why don't we all pay the 100 deposit to swell the numbers and get their hopes up and then at the last minute request a refund less the 2.50 handling fee!! ha ha ha WTFILN Because history proves that they don't mind cheating? Exactly! They'd have spent the money or shipped it off to the BVI before we had a chance to ask for it back. Link to comment Share on other sites More sharing options...
Dark Munster Posted 30 March, 2012 Share Posted 30 March, 2012 there is an old saying on the lines of a kettle watched takes longer to boil. It seems to me the toaster takes even longer. I look on here each day and my spirits are raised as I'm reliably informed they are finished, only for my newly raised spirits to be quashed. Pompey have and always will get away with it, and whilst some say that being relegated from the PL was punishment and the recent -10 also , i would say that the relegation from the PL would never happened in the first place if they had not cheated as they would still be dragging around the depths of the lower divisions. To me they have had little medicine for their years in the spotlight and Wembley visits. I dont hold with, 'let them die slowly, as its more fun' as patently the patient while breathing still has a chance. Put a pillow over their face and finish it off quickly. It seems TB is as crafty as AA and perhaps feels that any creditors have given up expecting any money and will just shrug their shoulders and take nothing, also I wonder if he thinks that they are not going to take them to court by throwing good money after bad. Clapham doesn't post enough IMO, we need his insight to TB's moves and where they are likely to go next.Personally i believe that TB has Chanrai in a difficult position and he will in the end get little of his 17m back. Patience Nick. It's not a case of whether Cheats FC will be liquidated, it's just a case of when. The only things keeping the rotten corpse on life support are the remaining parachute payments. And when/if they finally arrive, I'm sure Chinny et. al. aren't planning to use them to "bring forward" the cesspit of a club. Liquidation will occur a nanosecond after the season ends, or the last parachute payment has been grabbed. Whichever comes first. The filthy money has dried up to fund the corrupt diseased club, so the only hope for them is for TB can find a group, so utterly clueless and devoid of intelligence, to part with enough of their money to fund TBH, Kitson, Kanu and co., at least long enough for the parachute payments to arrive. After looking far and wide for these suckers, he realises that the only ones are right on his doorstep. Link to comment Share on other sites More sharing options...
Frank's cousin Posted 30 March, 2012 Share Posted 30 March, 2012 Next chapter wll be all about the PST and watching the various factions fight for board status... personnally my money is on TCWTB as chairman/CEO/CFO/TFRE (Toilet Fat removal executive) Link to comment Share on other sites More sharing options...
Pamplemousse Posted 30 March, 2012 Share Posted 30 March, 2012 Doncaster currently beating Birmingham, which will send the Skates back to the bottom of the league Link to comment Share on other sites More sharing options...
Pugwash Posted 30 March, 2012 Share Posted 30 March, 2012 Why doesn't that hat fall off? Is his head shaped that way? Link to comment Share on other sites More sharing options...
Viking Warrior Posted 30 March, 2012 Share Posted 30 March, 2012 Sounds like birch is a berk and is a far worse spin doctor than android ! If he's saying that fans should put in 1k that means Obody is interested in buying them . If there were potential suitors he wouldn't come out with this crap Link to comment Share on other sites More sharing options...
Super Bock 1898 Posted 30 March, 2012 Share Posted 30 March, 2012 Doncaster currently beating Birmingham, which will send the Skates back to the bottom of the league oh yes Link to comment Share on other sites More sharing options...
S-Clarke Posted 30 March, 2012 Share Posted 30 March, 2012 oh yes They're now losing 3-1 though, was good whilst it lasted. Link to comment Share on other sites More sharing options...
The Kraken Posted 30 March, 2012 Share Posted 30 March, 2012 Sounds like birch is a berk and is a far worse spin doctor than android ! If he's saying that fans should put in 1k that means Obody is interested in buying them . If there were potential suitors he wouldn't come out with this crap Birch isn't saying any of that. The £1K is an initiative by their supporters trust. Which is clearly doomed to fail, as nobody knows how much the club will cost to buy, how much it will cost to run, who the money will go to, and what you actually end up owning for your money. What an investment! Link to comment Share on other sites More sharing options...
Frank's cousin Posted 30 March, 2012 Share Posted 30 March, 2012 Birch isn't saying any of that. The £1K is an initiative by their supporters trust. Which is clearly doomed to fail, as nobody knows how much the club will cost to buy, how much it will cost to run, who the money will go to, and what you actually end up owning for your money. What an investment! Pyramid... ponsi... I wpould suggest to thos elooking to pledge their 1k, they would have more luck with one of those Link to comment Share on other sites More sharing options...
trousers Posted 31 March, 2012 Share Posted 31 March, 2012 @pn_neil_allen: RT @tomdearie: #pompeyfamily Full details of PST announcement at http://t.co/dkDo6jId including FAQ's and downloadable form! Please RT P.s. this thread had slipped off the Tapatalk 'Top 20' latest threads display for the first time in 3 years. That's simply not good enough chaps....stay alert! :-) Link to comment Share on other sites More sharing options...
Gingeletiss Posted 31 March, 2012 Share Posted 31 March, 2012 @pn_neil_allen: RT @tomdearie: #pompeyfamily Full details of PST announcement at http://t.co/dkDo6jId including FAQ's and downloadable form! Please RT P.s. this thread had slipped off the Tapatalk 'Top 20' latest threads display for the first time in 3 years. That's simply not good enough chaps....stay alert! :-) I'm here all day (and night!), so it's the others, Honest! Link to comment Share on other sites More sharing options...
Amesbury Saint Posted 31 March, 2012 Share Posted 31 March, 2012 @pn_neil_allen: RT @tomdearie: #pompeyfamily Full details of PST announcement at http://t.co/dkDo6jId including FAQ's and downloadable form! Please RT P.s. this thread had slipped off the Tapatalk 'Top 20' latest threads display for the first time in 3 years. That's simply not good enough chaps....stay alert! :-) Things do seemed to have settled down for a bit for them plus a couple of home wins. At the moment I think they will stay up and find a new owner. But perhaps the football league will surprise us when the cva is not paid tomorrow. Link to comment Share on other sites More sharing options...
trousers Posted 31 March, 2012 Share Posted 31 March, 2012 Things do seemed to have settled down for a bit for them plus a couple of home wins. At the moment I think they will stay up and find a new owner. But perhaps the football league will surprise us when the cva is not paid tomorrow. Link to comment Share on other sites More sharing options...
SaintRichmond Posted 31 March, 2012 Share Posted 31 March, 2012 Things do seemed to have settled down for a bit for them plus a couple of home wins. At the moment I think they will stay up and find a new owner. But perhaps the football league will surprise us when the cva is not paid tomorrow. Don't hold your breath on that one. The FL only have blinkered vision of when P'mouth was the British Empire's major Naval base, and the team was top of the old Division One Perhaps FL stands for Flexible Lunatics ?? Link to comment Share on other sites More sharing options...
OldNick Posted 31 March, 2012 Share Posted 31 March, 2012 But perhaps the football league will surprise us when the cva is not paid tomorrow. yep the FL will show the world what they are made of, and instantly award the Skates the -10 back Link to comment Share on other sites More sharing options...
Truckasaurus Posted 31 March, 2012 Share Posted 31 March, 2012 The FL are a bunch of spineless w*****s they should have thrown portsmuff out of the football league by now. they will cheat to the very end. Link to comment Share on other sites More sharing options...
Crab Lungs Posted 31 March, 2012 Share Posted 31 March, 2012 Lol. Sha la la la ..... Link to comment Share on other sites More sharing options...
scally Posted 31 March, 2012 Share Posted 31 March, 2012 Is there a fire drill is there a fire drill Link to comment Share on other sites More sharing options...
JackFrost Posted 31 March, 2012 Share Posted 31 March, 2012 Coventry have hit form just at the right time for them. 6 unbeaten now and have won their last 2. As for Pompey, it's days like this I wish Cloterill was still in charge and we had the comedic interview to come, with how they dominated the match Link to comment Share on other sites More sharing options...
dubai_phil Posted 31 March, 2012 Share Posted 31 March, 2012 Carslberg don't do football scores, but if they did We could get dicked by 4 goals today but would still have a huge grin Link to comment Share on other sites More sharing options...
CB Fry Posted 31 March, 2012 Share Posted 31 March, 2012 15,739 of the bestest I see. What a massive sleeping giant they truly are. Link to comment Share on other sites More sharing options...
dubai_phil Posted 31 March, 2012 Share Posted 31 March, 2012 Carslberg don't do football scores, but if they did We could get dicked by 4 goals today but would still have a huge grin See, still have a MAHOOSIVE grin Link to comment Share on other sites More sharing options...
St Chalet Posted 31 March, 2012 Share Posted 31 March, 2012 Carslberg don't do football scores, but if they did We could get dicked by 4 goals today but would still have a huge grin Don't know anyone grinning after that Shower at Blackpool! Link to comment Share on other sites More sharing options...
Sevvy Posted 31 March, 2012 Share Posted 31 March, 2012 Carslberg don't do football scores, but if they did We could get dicked by 4 goals today but would still have a huge grin You were almost right there Phil, boy we were bad today, Link to comment Share on other sites More sharing options...
rallyboy Posted 31 March, 2012 Share Posted 31 March, 2012 even when you have a bad day it's always possible to find something to chuckle about. I 5-1 think we should look for the positives. The plucky battling troops got clumsily raped by Burnley today at fortress fratton, everyone else made progress in the relegation battle, and tomorrow the CVA officially fails - but on the cheery side, UnAppy can play pranks on people until lunchtime tomorrow, so it isn't all bad! Pranks like, tell Ben Haim he's due a payrise, or tell Varney it's okay to tell your own supporters to feck off, that sort of thing. Or perhaps realise that you've been the butt of jokes for several months and it's time to go and work for a proper club. Link to comment Share on other sites More sharing options...
Glasgow_Saint Posted 31 March, 2012 Share Posted 31 March, 2012 Who posts as 'return of the seed' on The News ? Link to comment Share on other sites More sharing options...
rallyboy Posted 31 March, 2012 Share Posted 31 March, 2012 just checked out the fixtures and pompey are right in the sh!t. They need to overhaul both Coventry and Bristol City, which is unfortunate because they still have each other to play, so someone's getting points!... Coventry have a nice home game against Peterboro next week which if they win would take them onto 41 pts with five to play. pompey are on 33pts - defeat at St Marys would all but relegate them. Which is nice. Link to comment Share on other sites More sharing options...
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