EastleighSoulBoy 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. If_ive-one hope it's that we can do just that. Link to comment Share on other sites More sharing options...
Dark Munster Posted 31 March, 2012 Share Posted 31 March, 2012 Why doesn't that hat fall off? Is his head shaped that way? TCWTB or the cat? Link to comment Share on other sites More sharing options...
eurosaint Posted 1 April, 2012 Share Posted 1 April, 2012 Here's hoping that our defeat at Blackpool serves as a kick up the arse and concentrates the players minds for the big one next week ! An early goal for us should put them in panic mode (after yesterday's result!) and give us a great platform to stuff them ! (Ps. I pray that SRL is back to take the early penalty) !! Link to comment Share on other sites More sharing options...
Truckasaurus Posted 1 April, 2012 Share Posted 1 April, 2012 The result against Blackpool could be a blessing in disguise. They need a boot up the backside. (that was never a penalty for them,crap ref) Saints will hopefully come out all guns blazing. Unless portsmuff get wound up this week God bless HMRC Link to comment Share on other sites More sharing options...
Weston Super Saint Posted 1 April, 2012 Share Posted 1 April, 2012 Just heard on Solent, that that's it, the toaster has popped Apparently, as they failed to make the CVA payment to the gun runner - a secured creditor - then the FA have pulled the plug and withdrawn their golden share! Further news coming after 12 apparently.... Link to comment Share on other sites More sharing options...
CB Fry Posted 1 April, 2012 Share Posted 1 April, 2012 Just heard on Solent, that that's it, the toaster has popped Apparently, as they failed to make the CVA payment to the gun runner - a secured creditor - then the FA have pulled the plug and withdrawn their golden share! Further news coming after 12 apparently.... April fool? The FA don't dish out the golden shares. Link to comment Share on other sites More sharing options...
Quickfire Double Posted 1 April, 2012 Share Posted 1 April, 2012 Nice try WSS! Link to comment Share on other sites More sharing options...
sidthesquid Posted 1 April, 2012 Share Posted 1 April, 2012 Seriously though, no news about them having missed the CVA payment given it's April 1st? Maybe some humourist at FL headquarters rang them this morning and told Birch he could 'Pay it when you like, old chap.' Link to comment Share on other sites More sharing options...
eurosaint Posted 1 April, 2012 Share Posted 1 April, 2012 Seriously though, no news about them having missed the CVA payment given it's April 1st? I guess that Monday the 2nd will be the 1st working day after the deadline (stating the blindingly obvious!) so watch out for a big announcement tomorrow ! Link to comment Share on other sites More sharing options...
Amesbury Saint Posted 1 April, 2012 Share Posted 1 April, 2012 Maybe some humourist at FL headquarters rang them this morning and told Birch he could 'Pay it when you like, old chap.' I heard they say no need to pay, football clubs don't have to follow business regulations Link to comment Share on other sites More sharing options...
toofarnorth Posted 1 April, 2012 Share Posted 1 April, 2012 I guess that Monday the 2nd will be the 1st working day after the deadline (stating the blindingly obvious!) so watch out for a big announcement tomorrow ! I suppose it could also be the first working day of the new tax year, which would be a week monday. Guess we'll fnd out soon. Link to comment Share on other sites More sharing options...
Pamplemousse Posted 1 April, 2012 Share Posted 1 April, 2012 Don't think this has been posted, but TB held a fans conference meeting yesterday morning, these are the notes from it Update from Trevor Birch Is talking to three interested parties, all of which he deems to have serious intent. All of them have a foreign element involved. None of them are near to making a bid at the current time, though all all currently going through a due diligence process, and have signed NDAs. The three parties are separate from the Trust initiative as well as the consortium currently involved with Peter Storrie. Trevor welcomes the Trust Community Shares initiative. He says that an alternative way forward would be as a bolt on to any future owner coming in, which he feels would be the most advantageous solution as well as the most probable. He is working closely with both the Premier League and Football League as regards how the club exits administration. As regards the interested parties, which league we are playing in next season does not seem to be relevant to their interest (probably a good thing after today.....) Trevor does not have a feeling that any particular one is currently favourite or at the fore. The club has to have something in place in the next eight weeks, but he believes that something will happen, not necessarily to completion but more have an identified way forward in place. He states that Chainrai did put money into the club, though there is still a question as to whether his security is valid. Ashley's update regarding the Community Shares initiative. The initiative has been launched to gauge the level if interest and support it would have, as well as understanding the capabilities any initiative would have, alongside flushing out people who would be willing to invest more than the initial figure. Discussions are taking place with two Pompey fans 'of wealth' as regards investing. Discussions are also taking place with 'public bodies around Portsmouth', and it was pointed out that we shouldn't dismiss possible help which Portsmouth City Council could give in the future. It is felt that there is an opportunity to put together a credible bid. The only situation the initiative is competing with is liquidation. It is not a situation where this is being pushed over a potential buyer with a better deal. It is very much a fall back, something which is a possibility if liquidation is likely, a credible alternative to the club disappearing. It was pointed out that the value of Fratton Park is questionable because of the planning restrictions. The business plan has been worked on and, accounting for the fact that a factored in loss would be the reality for Season 1, it is projected that the club would break even in Season 3, 2014/2015, if not Season 2. The club would be run sustainably, 'you get what you can afford'. There is a large amount of business experience on the Trust board, with people of relevant experience also working behind them. The club management team would run the club, not the Trust. As well as club management, the Board would be made up of a small number of people from the local community with the right mix of business skills, plus one or two elected people from the Trust board, as well as fan representatives who have invested. Trevor Birch pointed out that he sees fan involvement as a good way to work alongside other owners, and will be pushing this as a preferable option. The question was asked, how is the club debt covered. Trevor Birch answered that there will be no debt carry over, all money from purchase of the club would go to club creditors. The club is worth what it is worth, what somebody is willing to pay. Ashley pointed out that the Trust would not do a deal which would end up with the Trust/investors being out of pocket. TB added that the Football League would not allow this anyway, and that the parachute payments would still be available also. The question about a 'shared share', for people who could not pay a share themselves outright, was discussed and deemed as possible and welcomed. Discussion about the credit options took place. The Trust have an arrangement with a Credit Union for those who would wish to pay for a share via credit. Whilst figures are still being discussed, a potential example is an APR of 9.4%, with an example package being one where a share is paid for over two years, at £60 per month, but which has a season ticket included in the share. Alongside this, £10 per month of that £60 would go into a savings to be paid out at the end of the two years, which could help pay for a third year of season ticket after the two years received with the share. To stress, this is just a potential example at the moment of what could be arranged. Obviously, with the short timescale, immediate funds are required with further schemes being put in place once the club's future is secure. An idea was also put forward as regards a 'Pompey' stadium lottery. The Trust will contact the Credit Union next week to agree example schemes. Nothing would be agreed until all parties are happy with the agreement. It was pointed out that no more than two season tickets could be agreed going with the Credit Union scheme, to stop people 'taking advantage' of potential cheaper prices. All information and updates would go onto the Community Pompey website and the local press. The £1,000 shares would only be needed if the deal was deemed realistic and could be done. The £100 donations are to gauge interest, and would be refundable bar the 2.5% administration charge if the deal wasn't taken forward. Buying a share would automatically enroll the purchaser in the Trust, to ensure the 'one vote per share'. A share prospectus will be published and will be flexible, so an option will be built in to recommend that money could also be used to, for example, purchase Sacha Gaydamak's land, as well as to be part of any funding of a Plan B if necessary. The Trust will be talking to Portsmouth City Council as regards a cashier facility for people to drop off cash donations for shares. A timescale of end of May/beginning of June is thought realistic to decide whether the full £1,000 shares will be required. If it is found that, within a couple of weeks, share interest is under 1,000, the idea will likely be deemed not viable. Link to comment Share on other sites More sharing options...
rallyboy Posted 1 April, 2012 Share Posted 1 April, 2012 so the Trust is a last resort should no buyer come forward? He's talking to three parties, none of whom are near making a bid. As they must be new to the table I'd be surprised if any of them will like what they see during due diligence. The eight weeks deadline he refers to is the Football League meeting at the beginning of June. If he can't go to that meeting and assure them everything is fine and the new season can be financed then I guess the golden share gets withdrawn. I keep reading this claim that the club is only worth what someone will pay. If it were a car, perhaps...but even then, if you offered the owner £100 and he could get £150 by scrapping it then that's what he'll do. So whatever someone offers has to be more than Chanrai etc can get from liquidation - and let's not forget there is value in the two former owners putting their land together, so any consortium that thinks it will play hardball with the creditors is kidding themselves. Moving forward the wagebill is still crippling, and Birch said that Henderson is the only one he doesn't expect to see back, so Lawrence and HuskyBloke will be back soon - at £150K a month. Interesting to see how well the two of them have done - they both gave it large about how they were going to derail our season and help Cardiff and Birmingham to the top of the table. How's that plan working out. And Birch has made passing reference to a question mark over Chanrai's status, but at no point has he been brave enough to officially challenge it, and he can't afford to, so I think Birch is bluffing, especially as he admitted himself the other day that Chanrai has been the only one to put serious money in to the club. It's shown in the accounts, the money went in, the assets are his. And where is AA? He's quiet, that could be dangerous.... Once they've established the full debt and the rapidly disappearing parachute payments, I can't see that any new consortium will match the scrappage deal. I think they'll have to weigh the club in as an Mot-failing non-runner. Looking forward to the big farewell party! Link to comment Share on other sites More sharing options...
Ken Tone Posted 1 April, 2012 Share Posted 1 April, 2012 He states that Chainrai did put money into the club, though there is still a question as to whether his security is valid. This is critical. If the security is not valid , then 'the club is worth what someone will pay for it' makes some sense.v If it is valid, then chainrai can just sit there saying 'not enough' to any prospective buyer who does not offer him as much as he thinks fratton park is worth. So Birch must sort this before he can do a deal. Link to comment Share on other sites More sharing options...
dubai_phil Posted 1 April, 2012 Share Posted 1 April, 2012 He states that Chainrai did put money into the club, though there is still a question as to whether his security is valid. This is critical. If the security is not valid , then 'the club is worth what someone will pay for it' makes some sense.v If it is valid, then chainrai can just sit there saying 'not enough' to any prospective buyer who does not offer him as much as he thinks fratton park is worth. So Birch must sort this before he can do a deal. Which will almost certainly mean he will need to seek a Court Ruling OR have Chanrai fold his poker hand with a Straight Royal Flush while holding a 6 high in his own hand. So c'mon you experts, what is the earliest date you could take a Commercial Dispute to Court in the UK from 9am tomorrow? (And how much would it cost?) There should be the answer to what happens next Link to comment Share on other sites More sharing options...
Brizzie Saints Posted 1 April, 2012 Share Posted 1 April, 2012 so the Trust is a last resort should no buyer come forward? He's talking to three parties, none of whom are near making a bid. As they must be new to the table I'd be surprised if any of them will like what they see during due diligence. The eight weeks deadline he refers to is the Football League meeting at the beginning of June. If he can't go to that meeting and assure them everything is fine and the new season can be financed then I guess the golden share gets withdrawn. I keep reading this claim that the club is only worth what someone will pay. If it were a car, perhaps...but even then, if you offered the owner £100 and he could get £150 by scrapping it then that's what he'll do. So whatever someone offers has to be more than Chanrai etc can get from liquidation - and let's not forget there is value in the two former owners putting their land together, so any consortium that thinks it will play hardball with the creditors is kidding themselves. Moving forward the wagebill is still crippling, and Birch said that Henderson is the only one he doesn't expect to see back, so Lawrence and HuskyBloke will be back soon - at £150K a month. Interesting to see how well the two of them have done - they both gave it large about how they were going to derail our season and help Cardiff and Birmingham to the top of the table. How's that plan working out. And Birch has made passing reference to a question mark over Chanrai's status, but at no point has he been brave enough to officially challenge it, and he can't afford to, so I think Birch is bluffing, especially as he admitted himself the other day that Chanrai has been the only one to put serious money in to the club. It's shown in the accounts, the money went in, the assets are his. And where is AA? He's quiet, that could be dangerous.... Once they've established the full debt and the rapidly disappearing parachute payments, I can't see that any new consortium will match the scrappage deal. I think they'll have to weigh the club in as an Mot-failing non-runner. Looking forward to the big farewell party! Thanks RB. Even after a **** weekend you always manage to turn that frown upside down Just need a comprehensive victory on saturday and everything in the universe will be back to normal. WTFILN Link to comment Share on other sites More sharing options...
St Jim Posted 2 April, 2012 Share Posted 2 April, 2012 Thanks RB. Even after a **** weekend you always manage to turn that frown upside down Just need a comprehensive victory on saturday and everything in the universe will be back to normal. WTFILN Oh that moment!! very very fond memories there! My last ever Pahars goal I witnessed and to top it off I was at the game, sat next to my mother's other son who is a skate. I didn't get much out of him all game, can't understand why! Link to comment Share on other sites More sharing options...
trousers Posted 2 April, 2012 Share Posted 2 April, 2012 So...a big SWF welcome to the Football League's official "You receive no penalty for failing to honour a CVA" day. But, of course, the charge against us of falsely using the word "CHEATS" is also firmly laid to rest today. Every cloud... Link to comment Share on other sites More sharing options...
St Chalet Posted 2 April, 2012 Share Posted 2 April, 2012 Which will almost certainly mean he will need to seek a Court Ruling OR have Chanrai fold his poker hand with a Straight Royal Flush while holding a 6 high in his own hand. So c'mon you experts, what is the earliest date you could take a Commercial Dispute to Court in the UK from 9am tomorrow? (And how much would it cost?) There should be the answer to what happens next The UK is better than most other countries, you are talking months not years to get to court, that said the DCFSB's only have weeks. Chanrai might have to seek an injunction to stop Birch doing things how he sees fit or apply to the court that appointed him as administrator. Either way, it is an unwelcome distraction for them Link to comment Share on other sites More sharing options...
dronskisaint Posted 2 April, 2012 Share Posted 2 April, 2012 The question about a 'shared share', for people who could not pay a share themselves outright, was discussed and deemed as possible and welcomed. You couldn't make it up could you? 'Sorry Smythie, caravan's short of blue bog fluid...can you help me out with a trust share now?' Just what a bankrupt, close on liquidated club needs by way of support:facepalm: Link to comment Share on other sites More sharing options...
suewhistle Posted 2 April, 2012 Share Posted 2 April, 2012 I think they'll have to weigh the club in as an Mot-failing non-runner. When I sold a car for a £100 when I moved to Italy it was a good little runner. I think you've forgotten to mention the costs of getting a non-runner to the scrappie: or in this case the admin costs that must be constantly borne in mind. Minor point: I do enjoy reading your posts. :-) Link to comment Share on other sites More sharing options...
ALWAYS_SFC Posted 2 April, 2012 Share Posted 2 April, 2012 Appy looks confused!! Perhaps he is..standing by the away dugout... Link to comment Share on other sites More sharing options...
Big John Posted 2 April, 2012 Share Posted 2 April, 2012 Full details of PST announcement at http://t.co/dkDo6jId including FAQ's and downloadable form! Please RT :-) Don't you just love acronyms. Lol Link to comment Share on other sites More sharing options...
Big John Posted 2 April, 2012 Share Posted 2 April, 2012 /\ Link to comment Share on other sites More sharing options...
Big John Posted 2 April, 2012 Share Posted 2 April, 2012 They really are in it aren't they. Link to comment Share on other sites More sharing options...
mcjwills Posted 2 April, 2012 Share Posted 2 April, 2012 Don't you just love acronyms. Lol Nothing like a bit of computer enhancememt on the crowd lol Link to comment Share on other sites More sharing options...
holepuncture Posted 2 April, 2012 Share Posted 2 April, 2012 Appy looks confused!! Perhaps he is..standing by the away dugout... He is looking very unstable these days poor old Voldermort. I thought he was going to cry after his defeat to Howes trusty men. I very much doubt this was the big break into football club management he was looking for, his profile is raised but his percentages are in the gutter. In other news, the supporters leveraged buy out dream come true is crumbling faster than chinnys arena as the skates realise it is the work of fantasy. been thinking about this, and sadly come to the conclusion theres about as much chance of 5,000 shares being sold as there is of us making the play offs this season. if some of the most passionate fans we have need to bundle together in groups of ten to buy a share, then i really do think its going to be a huge flop overall.(in no way whatsoever having a pop at fans who can't afford a share on their own...me being one of them) The are forming consortiums of 20 to buy one share and it is dawning now that there are not enough of the few to muster up the cash to pay tal ben haim let alone chinny. Link to comment Share on other sites More sharing options...
Sevvy Posted 2 April, 2012 Share Posted 2 April, 2012 So no news on the alleged failed CVA then, Link to comment Share on other sites More sharing options...
ALWAYS_SFC Posted 2 April, 2012 Share Posted 2 April, 2012 He is looking very unstable these days poor old Voldermort. I thought he was going to cry after his defeat to Howes trusty men. I very much doubt this was the big break into football club management he was looking for, his profile is raised but his percentages are in the gutter. In other news, the supporters leveraged buy out dream come true is crumbling faster than chinnys arena as the skates realise it is the work of fantasy. The are forming consortiums of 20 to buy one share and it is dawning now that there are not enough of the few to muster up the cash to pay tal ben haim let alone chinny. It really is getting to the point of total desparation now....kids offering pocket money... http://www.portsmouth.co.uk/news/pompey-treat-for-generous-george-1-3691165 Link to comment Share on other sites More sharing options...
sussexsaint Posted 2 April, 2012 Share Posted 2 April, 2012 So no news on the alleged failed CVA then, TB said last week that that was not an issue as the club were protected by being in administration. He said there would be no penalty for this either Link to comment Share on other sites More sharing options...
holepuncture Posted 2 April, 2012 Share Posted 2 April, 2012 So no news on the alleged failed CVA then, Unfortunately AA wriggled a handy get out clause in his CVA stating that all payments can be delayed until 2015. I wonder how Gadymack feels about it all! Some fantastic quotes from the Antonov two regarding the Canary Wharf assassination attempt on German Gorbuntsov, with Vladimir validating all of RUmafia.com's reports of his shady background, mafia and gangster operations in Russia. It looks like he fears for his life not only in Lithuania and Latvia, but also now in London... Vladimir Antonov, a friend and business partner of the 45-year-old - who survived despite being hit by six bullets - said Mr Gorbuntsov also complained of being followed by a mysterious car the weekend before the shooting, which took place on Byng Street on the Isle of Dogs on the evening of March 20. "When I met German he told me that two days earlier, on the Saturday, a suspicious dark-coloured Audi had followed him along Byng Street as he walked home after a business meeting," said Mr Antonov. "Canary Wharf is very empty at weekends so this seemed strange and unusual. ... Mr Gorbuntsov had mentioned his concerns about an attack in the UK to Mr Antonov, the London-based former owner of Portsmouth Football Club, when the two Russians met on March 19 at the Drift Bar in Heron's Tower on Bishopsgate. They fled Russia with all the Russian Railways booty and came to London for protection: "When we had lunch and German talked about the Audi, he said he was worried that he might be attacked in London, and he asked what I thought," Mr Antonov, 36, recalled in a telephone interview. "I said: 'German, it's simply impossible. This is the safest town in the world. The whole city is covered by CCTV. Nobody can touch you here.' Clearly, I was mistaken. He was shot the next day." The Antonovs know the gang that is behind it all: "After Mr Gorbuntsov gave his testimony, we were both threatened," he said. Mr Antonov Snr said a person known to him - whom The Sunday Telegraph cannot name for legal reasons – had told him on the telephone: "We didn't kill you last time, but we'll finish you off this time." Mr Antonov Snr added: "German also told me that he was getting threats by telephone and email, although he did not give concrete details." Alexander Antonov was granted an armed guard to ensure his safety in Russia last week and Vladimir Antonov has been given protection by officers from Scotland Yard. Like something from a movie: Vladimir Antonov claimed in his interview with The Sunday Telegraph that the investigation into the attack on his father also revealed a plot to assassinate him. "They planned to do it at the same time," he said. "Fortunately for us, unfortunately for them, they were unsuccessful. I drove a bullet-proof car in Russia, so it's quite difficult to kill me there. I was careful." http://www.telegraph.co.uk/news/worldnews/europe/russia/9178109/German-Gorbuntsov-told-friends-he-feared-for-his-life.html You sure know how to pick them pompey! All of this major criminal activity surrounding fratton park... if its not gun runners its russian gangsters... former FA Head of Integrity and pfc ceo David Lampitt said they were all above board though, and spent loads of time with them too! http://www.dailymail.co.uk/debate/article-2121899/German-Gorbuntsov-shooting-cover-worryingly-unaccountable-police-force.html Link to comment Share on other sites More sharing options...
Minsk Posted 2 April, 2012 Share Posted 2 April, 2012 Just checked what their over-paid players out on loan have been doing since bailing out of Notarf: Huseklepp - has arguably been the most successful - 3 starts (withdrawn around the 60 min mark on each occasion) and 4 sub appearances; scoring 2 goals to earn draws against Derby and Cardiff Lawrence - has played the most, starting 7 times for Cardiff - helping thhem to 5 draws, 1 win and 1 loss Mullins - as started twice for Reading. Didnt make the bench on Saturday. Possibly injured? (He was subbed off in is 2nd, and last, match there.) Henderson - as we all suspected..... was on the bench for the first match after his move to Wet Sham and hasnt been seen since. Link to comment Share on other sites More sharing options...
Minsk Posted 2 April, 2012 Share Posted 2 April, 2012 I know I shouldn't have but I laughed after reading this: Originally Posted by Vladimir"When we had lunch and German talked about the Audi, he said he was worried that he might be attacked in London, and he asked what I thought," Mr Antonov, 36, recalled in a telephone interview. "I said: 'German, it's simply impossible. This is the safest town in the world. The whole city is covered by CCTV. Nobody can touch you here.' Clearly, I was mistaken. He was shot the next day." He gets a few things wrong that Vlad!! Link to comment Share on other sites More sharing options...
trousers Posted 2 April, 2012 Share Posted 2 April, 2012 So no news on the alleged failed CVA then, Unfortunately AA wriggled a handy get out clause in his CVA stating that all payments can be delayed until 2015. I wonder how Gadymack feels about it all! But.....Birch has publically declared the original CVA won't be honoured. Not today, not tomorrow, not in 2015. As such, AA's sneaky clause is now irrelevant.... So, the Football League has three options: 1. Believe what Birch has declared and deduct further points for doing the equivalent of failing to come out of 'Administration 1' without a CVA 2. Disbelieve what Birch is saying and wait until June 2015 for conclusive proof that the CVA won't be honoured. 3. Stick head in sand thus ignoring the whole damn thing As things stand it's a toss up between 2 and 3. Link to comment Share on other sites More sharing options...
Gemmel Posted 2 April, 2012 Share Posted 2 April, 2012 They're in administration so the CVA is gone, as Birch has suggested. They can only survive by coming out of administration somehow. Yet they need a new CVA to do this, otherwise it's BIG points deduction. How on earth could they get a new CVA when they've dodged the last one? If they manage that I really will give up. So correct me if I'm wrong, but the absolute best scenario is somehow getting a buyer so they can start in L1 on -17 or worse with a shell of a squad and still enough high earners to ensure they continue making losses? The CVA has failed and I am not even sure Birch is going for another one, simply as it won't be passed. The question for the FL is whether they act now or in the close season, once they see the outcome of any takeover. Link to comment Share on other sites More sharing options...
pedg Posted 2 April, 2012 Share Posted 2 April, 2012 I though the CVA movable feast till 2015 was only in effect whilst AA was in charge and that once it got moved to BT the dates and payment amounts were fixed? Link to comment Share on other sites More sharing options...
stevegrant Posted 2 April, 2012 Share Posted 2 April, 2012 I see there are still more than 150 skates who have bought their match vouchers for Saturday but haven't got round to buying a coach ticket, and the deadline for doing so is today Link to comment Share on other sites More sharing options...
fanimal Posted 2 April, 2012 Share Posted 2 April, 2012 Lucketts travel need paying separate from the Club, smart move.... Ticket office told me an hour ago nearly sold out, only 100 left for Saturday. Link to comment Share on other sites More sharing options...
hypochondriac Posted 2 April, 2012 Share Posted 2 April, 2012 100 left. Will sell out easily. Link to comment Share on other sites More sharing options...
Pugwash Posted 2 April, 2012 Share Posted 2 April, 2012 I see there are still more than 150 skates who have bought their match vouchers for Saturday but haven't got round to buying a coach ticket, and the deadline for doing so is today Special dispensation - they're all travelling in TCWTB's van. Link to comment Share on other sites More sharing options...
Gingeletiss Posted 2 April, 2012 Share Posted 2 April, 2012 I see the 'trust' have it all worked out, there motto........'Carry on cheating regardless' 28 oldredeye Monday, April 2, 2012 at 01:16 PM 25 - No-one will buy the club for 50m or anything near that sum. The club is worth only what someone will pay for it and currently that is about a quid above the liquidation price. The new CVA, if agreed, will package up all the debt that is not the responsibility of the new club and have a payment plan, over a number of years. Link to comment Share on other sites More sharing options...
badgerx16 Posted 2 April, 2012 Share Posted 2 April, 2012 I though the CVA movable feast till 2015 was only in effect whilst AA was in charge and that once it got moved to BT the dates and payment amounts were fixed? This is also my understanding from reading the Completion Statement by UHY. The first installment was due on April 1st, and TB stated last week that it wouldn't be made - I think Baker Tilly also stated that letters were going out to the creditors owed money under the CVA to explain the situation. Link to comment Share on other sites More sharing options...
Gingeletiss Posted 2 April, 2012 Share Posted 2 April, 2012 (edited) Special dispensation - they're all travelling in TCWTB's caravan. Guess it was a small spelling mistake on your part, easily done. Hth. Edited 2 April, 2012 by Gingeletiss Link to comment Share on other sites More sharing options...
holepuncture Posted 2 April, 2012 Share Posted 2 April, 2012 I see there are still more than 150 skates who have bought their match vouchers for Saturday but haven't got round to buying a coach ticket, and the deadline for doing so is today Brilliant! They will have to make up for it buy purchasing a drastically reduced match day ticket and pack the park... http://www.portsmouthfc.co.uk/LatestNews/news/Prices-Slashed-For-Midweek-Matches-3299.aspx or instead they could chuck a grand into the tal ben haim trust fund: and apart from that can the Trust please tell us what anti-scummer steps they have taken? firstly it would be just like them to risk the odd £3 to try to artificially inflate the numbers and then pull the plug and secondly, god forbid that some of them actually try to get enough shares to have a voice at Fratton. Sorry if I'm giving people ideas but we need things like moats, portcullis, boiling oil and a few longbows That would be very very funny... either we artificially inflate the numbers or even better we actually buy ourselves a voice! It would be great to veto everything they want to do, whilst supporting all contraversial topics with a view to divide and conquer. I wonder if miss money Penny has put her £1k in yet? Link to comment Share on other sites More sharing options...
Ken Tone Posted 2 April, 2012 Share Posted 2 April, 2012 Brilliant! They will have to make up for it buy purchasing a drastically reduced match day ticket and pack the park... http://www.portsmouthfc.co.uk/LatestNews/news/Prices-Slashed-For-Midweek-Matches-3299.aspx or instead they could chuck a grand into the tal ben haim trust fund: That would be very very funny... either we artificially inflate the numbers or even better we actually buy ourselves a voice! It would be great to veto everything they want to do, whilst supporting all contraversial topics with a view to divide and conquer. I wonder if miss money Penny has put her £1k in yet? You don't have to put in £1k. All that is required is to put £100in an escrow account, so that when this half-hearted attempt fails ,you can get your £100 back, less an estimated £2.50 admin fee. Any MP chasing votes would be mad not to do this. £2.50 is a lot cheaper than a meal with the PM ! Link to comment Share on other sites More sharing options...
saint_in_munich Posted 2 April, 2012 Share Posted 2 April, 2012 That would be very very funny... either we artificially inflate the numbers or even better we actually buy ourselves a voice! It would be great to veto everything they want to do, whilst supporting all contraversial topics with a view to divide and conquer. I wonder if miss money Penny has put her £1k in yet? I mentioned that 2 pages ago. Link to comment Share on other sites More sharing options...
Gemmel Posted 2 April, 2012 Share Posted 2 April, 2012 Birch keeps insisting that he can sell fratton park for whatever amounts he can get for it and Chanerai will have to lump it. Does anyone know if this is true or not? With a charge over the ground, can he decide he doesn't two million quid or whatever and just keep the ground? The whole trust proposal (Which is doomed to failure anyway) is based on the fact that chinny will just have to walk away Link to comment Share on other sites More sharing options...
Glasgow_Saint Posted 2 April, 2012 Share Posted 2 April, 2012 Birch keeps insisting that he can sell fratton park for whatever amounts he can get for it and Chanerai will have to lump it. Does anyone know if this is true or not? With a charge over the ground, can he decide he doesn't two million quid or whatever and just keep the ground? The whole trust proposal (Which is doomed to failure anyway) is based on the fact that chinny will just have to walk away Its an odd one, no comments from chinny i pressume? How does this affect the asking price? Anyone know what the cost is and does it include debt or not? Link to comment Share on other sites More sharing options...
trousers Posted 2 April, 2012 Share Posted 2 April, 2012 Its an odd one, no comments from chinny i pressume? How does this affect the asking price? Anyone know what the cost is and does it include debt or not? [video=youtube_share;VbodZKrAOGg]http://youtu.be/VbodZKrAOGg Link to comment Share on other sites More sharing options...
Joe Kirkup Posted 2 April, 2012 Share Posted 2 April, 2012 Perhaps Birch can sell for whatever he wants but the charge will transfer to the new owners meaning Chinny will still have the charge. This is what I suspect is putting potenhtial buyers off ( along with the £millions of other reasons ) Link to comment Share on other sites More sharing options...
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