Jump to content

Pompey Takeover Saga

Fitzhugh Fella

By Fitzhugh Fella,
in Golden Posts

 Share

Recommended Posts

trousers

trousers

Posted
Posted (edited)

Scotland leading the way on how to deal with dubious owners...

 

@RobHarris: Rangers banned from signing players for 1yr & owner Craig Whyte banned for life from Scot football - result of financial meltdown

 

@GrahamSpiers: What a kicking Rangers are taking. Tonight the SFA, next the SPL, next HMRC. Was haughty arrogance ever brought down like this? #disrepute

 

@mattslaterbbc: This enthusiasm for punishing #RFC is making me think reallocation of EBT-era silverware is possible after all

Edited by trousers
Link to comment
Share on other sites
St Jim

St Jim

Posted
Posted
More 'lies' about Pompey's support. This time from Derby and Doncaster. Funny how these 'lies' just keep coming don't they?

 

http://www.portsmouthfc.co.uk/LatestNews/news/Derby-Praise-Pompey-Fans-3376.aspx

 

Oh dear. You team has been relegated in one of the biggest falls from grace, they're on a verge of liquidation after years of cheating and over-spending, they still have not paid back charities, schools, local business and the tax payer, their fiercest rivals have been on the rise, overteaken them as the best team in Hampshire and are guarenteed a top 3 finish ........

 

........ are you not a little embarrassed that is the best you have come up with?

 

:facepalm:

Link to comment
Share on other sites
stev2001

stev2001

Posted
Posted
Scotland leading the way on how to deal with dubious owners...

 

@RobHarris: Rangers banned from signing players for 1yr & owner Craig Whyte banned for life from Scot football - result of financial meltdown

 

@GrahamSpiers: What a kicking Rangers are taking. Tonight the SFA, next the SPL, next HMRC. Was haughty arrogance ever brought down like this? #disrepute

 

@mattslaterbbc: This enthusiasm for punishing #RFC is making me think reallocation of EBT-era silverware is possible after all

 

Yeah imagine what they'd being doing if they were in admin for a second time in two years and bring the game into disrepute again!!!!

We will still get skate fans saying how hard done by they are though!

Link to comment
Share on other sites
Fowllyd

Fowllyd

Posted
Posted
Genuine question on Birch.

 

The bloke's no fool and no crook.

 

So, why keep the club going if the bill is on him?

 

Are there various big payouts that kick in at verious times which make it worth surviving until a certain date but not beyond? (e.g. parachute payments, prize money for league position etc?)

 

If not, he surely would have liquidated by now.

 

If so, when's the last tranche of cash that he needs to keep the corpse twitching to get in?

 

I recall Birch stating some time back that the club had sufficient funds to keep going until some time in April, but that was at a time when the FL were withholding a substantial sum. Once that was released, they were always going to make it to the end of the season. However, another comment that Birch made at the same time was that he would be obliged to start the process of liquidation some weeks before the money actually ran out, as the process itself would need to be funded.

 

Given that, it's hard to see that they'll survive even as far as the FL meeting at the start of June, unless significant funding (for which read a buyer) shows up very soon. The Supporters' Trust is never going to come close, that much is abundantly clear; Birch has stated equally clearly that no potential new owner is in sight (vague inquiries from possible interested parties don't count here); the last remaining hope is that Chainrai decides that he stands to get something out by putting something in. The problem there is that the something he might get looks ever smaller, while the something he'd need to put in looks pretty large.

Link to comment
Share on other sites
sidthesquid

sidthesquid

Posted
Posted

I think the FL were always going to make sure they survived the season, whatever we may have hoped. And at least they had the decency to get relegated as their part of the deal. Now is when the real sh!tstorm starts. They have five weeks to sort their finances, come up with a workable business plan, and, oh yes, find a new owner. We ain't seen nothing yet.

Link to comment
Share on other sites
pfc123

pfc123

Posted
Posted
Ref. Newton's Third Law of Motion

 

So then: "More 'lies' about Pompey's support. This time from Derby and Doncaster. Funny how these 'lies' just keep coming don't they?" is met with the response: "Enjoy Yeovil you cu nt."

 

Well ok, call me Mr Picky, but that response doesn't seem to tie in terribly well with the idea that: 'To every action there is always an equal and opposite reaction'.

 

Still, it's a start. Now, especially for 'view from the top', here's a few tips: next time you feel the need to respond to a post on here, try to think of something that adds to the debate, and if you need to make a counterpoint, try to formulate your argument into a series of words (it's called a sentence) that really describe your point well!

 

Then, if you really, really can't resist, simply add "you cu nt" at the end. Unfortunately, you'll lose a fair amount of impact with that last bit, but keep plugging away, you'll get the hang of it in no time at all! ;)

Link to comment
Share on other sites
dubai_phil

dubai_phil

Posted
Posted
So then: "More 'lies' about Pompey's support. This time from Derby and Doncaster. Funny how these 'lies' just keep coming don't they?" is met with the response: "Enjoy Yeovil you cu nt."

 

Well ok, call me Mr Picky, but that response doesn't seem to tie in terribly well with the idea that: 'To every action there is always an equal and opposite reaction'.

 

Still, it's a start. Now, especially for 'view from the top', here's a few tips: next time you feel the need to respond to a post on here, try to think of something that adds to the debate, and if you need to make a counterpoint, try to formulate your argument into a series of words (it's called a sentence) that really describe your point well!

 

Then, if you really, really can't resist, simply add "you cu nt" at the end. Unfortunately, you'll lose a fair amount of impact with that last bit, but keep plugging away, you'll get the hang of it in no time at all! ;)

 

 

Ah yes their magical support

 

LI 125

 

Tuesday, April 24, 2012 at 10:49 AM

I cannot beleive that only a million pounds has been pledged via The Trust. As Delia famously said - "Come on ! Where are you?"

 

 

 

chunky39 was 37

 

Tuesday, April 24, 2012 at 10:21 AM

@3 - I wouldnt buy one personally, cant speak for many others but Div3 with BC is not an appealing thought.

 

 

 

Can't even stand up for their own club when in it's hour of need.

 

Yeah they are legendary

Link to comment
Share on other sites
Frank's cousin

Frank's cousin

Posted
Posted
So then: "More 'lies' about Pompey's support. This time from Derby and Doncaster. Funny how these 'lies' just keep coming don't they?" is met with the response: "Enjoy Yeovil you cu nt."

 

Well ok, call me Mr Picky, but that response doesn't seem to tie in terribly well with the idea that: 'To every action there is always an equal and opposite reaction'.

 

Still, it's a start. Now, especially for 'view from the top', here's a few tips: next time you feel the need to respond to a post on here, try to think of something that adds to the debate, and if you need to make a counterpoint, try to formulate your argument into a series of words (it's called a sentence) that really describe your point well!

 

Then, if you really, really can't resist, simply add "you cu nt" at the end. Unfortunately, you'll lose a fair amount of impact with that last bit, but keep plugging away, you'll get the hang of it in no time at all! ;)

 

Ok explain then how as the 'best fans in the world' you have only had around 750 pledge their cash with the rest from small buinesses etc- small businesses I might add that may see this as a way of getting a slice If you survive... and you have that charming tatooed bloke peeing on seats ?

 

In addition, unsolicited mail from 1 or 2 individuals is hardly a representative sample of all those who have experienced some of your support - just go back and look at the vide and observe the foul. abuse, spitting from even young kids when we played you at Fratton - clear as daylight at every throw in.

 

I am sure you have some decent fans, good loyal fans - but this 'myth' you have created is just that - as you will see when IF you are lucky enough to trot out in L1 under Chinny for your first home game with about 6000 showing up - a far cry form the 220,000 'fans' creaming themselves over a cup win - ask yourself where are they now in your hour of need?

 

As to atmosphere and noise, your ground is the last of the sh!ty sheds that hold the sound and are placed in on the touch line - no wonder its loud and 'atmospheric' + put teh smae 14K in a decent modern stadium and you will see you are just the same as everyone else... not that you are likely to get that chance in the forseable - and for that the clubs only has itself to blame - everyone knows it, yet some just cant stop bleating its 'all so undeserved' - that is what's so unbelieveable about the fans - blame everyone but their own club, lap up 4 england internationals on championsleague wages and lord it up - did no one care to question ho it was possible on a 18k gate?

 

Dance with the devil and you get burned - and your 220,000 best fans in the world were too busy believeing the hype to see the flames...

Link to comment
Share on other sites
Frank's cousin

Frank's cousin

Posted
Posted
This trust spokesman cannot be for real??...."The trust will not reveal how many people have pledged to the share scheme so far for fear of giving other parties an advantage in the bidding process"....F@cking priceless!!!

 

It has intrinsic comedy value this trust malarky - the 750 or so out of the 220,000 bets fans in the world must be just teh vanguard - just think if the 220,000 actually were fans, they could just by a share for £25 and they would have their 5 mil... job done

Link to comment
Share on other sites
Joe Kirkup

Joe Kirkup

Posted
Posted

"It remains to be seen whether the Blues would have to engineer his exit through a mutual consent agreement."

 

So he's basically decided he's too good for league 1 but will still want paying off. I recently agreed one of these with my now ex employer and stood my ground and refused to sign until I got exactly what I wanted. Can't see him doing anything different.

Link to comment
Share on other sites
Danbert

Danbert

Posted
Posted
The players are not merely preferred creditors, they are GUARANTEED to get 100% of their wages - including all that has been deferred (and not all the players agreed to have some of their wages deferred in any case). This money will be paid to them from funds direct from the FL if need be.

 

If the club folds they become free agents and can then neotiate a higher salary then if a fee was paid was for them.

 

So please explain why, for example, TBH would tear up his 36k per week contract (basic - in reality it is more like 50k per week) and agree to a move to another club for (again, as an example) 18k per week.

 

Would you throw away money you were 100% guaranteed to receive?

 

I don't know where you get this 100 % guarantee idea from. The football creditors rule gives players (and other football creditors) a very privileged position but there's only so much money to share around and the players aren't the only football creditors (as I remember there were several and some were owed substantial amounts).

 

Be that as it may, and as I said in my previous post, Pompey aren't going to be asking a fee for these players - they have to get rid. If they don't get rid the club will definitely go under and the player won't be on a big fat contract anymore - so they might as well just tear up their contract and look for a new deal somewhere else - rather than hanging around waiting for the administrator to finally pull the plug.

Link to comment
Share on other sites
holepuncture

holepuncture

Posted
Posted

 

That is a real shame, I really wanted the good man Tal Ben Haim cream each and every last penny of his £36000 PW contract... fingers crossed he stays until August, which will drain pompey of a tidy half a million.

 

Fortunately the good man Norris has decided he will continue to draw his extortianate, gold plated contract to the bitter end, no matter how low pompey sink - he will be there claiming his £20000 PW!

 

For every TBH there is a DN waiting in the wings to keep our spirits up.

 

http://www.portsmouth.co.uk/sport/pompey/pompey-past/pompey-s-former-owners-csi-to-be-represented-at-creditors-meeting-1-3765843

 

Looks like Chainrai and Antonov will be taking an interest in the creditors meeting... it amuses me that Chainrai not only has a full fixed and floating security againts all pompeys assets, but also controls the CSI £10.8 million debt too. He sold the club to the mafia and then took their whole company, plus the cesspit he sold them in the first place! Not bad Chinny boy.

 

It would be nice to hear from AA again, PMSL

Link to comment
Share on other sites
dubai_phil

dubai_phil

Posted
Posted
Oh good, so TBH hasn't gone yet then. And they're still paying him. £15k so far since they were relegated 3 days ago. Good stuff.

 

So he is 30

 

He will be owed 2 million

 

So if he left "on a free" he could negotiate a new contract and keep the transfer fee

 

Would anyone in the word sign a mediocre nPc defender of his age for 2mil?

 

No

 

So they have to pay him 2mil, he doesn't want to play in L1 but no doubt will not leave unless he is guaranteed to earn what he is due in his contract PLUS of course agents fees.

 

So the trust haven't even raised enough to cover his wages yet

 

:lol:

Link to comment
Share on other sites
sidthesquid

sidthesquid

Posted
Posted
I don't know where you get this 100 % guarantee idea from. The football creditors rule gives players (and other football creditors) a very privileged position but there's only so much money to share around and the players aren't the only football creditors (as I remember there were several and some were owed substantial amounts).

 

Be that as it may, and as I said in my previous post, Pompey aren't going to be asking a fee for these players - they have to get rid. If they don't get rid the club will definitely go under and the player won't be on a big fat contract anymore - so they might as well just tear up their contract and look for a new deal somewhere else - rather than hanging around waiting for the administrator to finally pull the plug.

 

This is actually quite interesting. The players will be saying, 'I'm a football creditor, guaranteed 100% of my due. Pay up or I'm not budging.' The club says, 'We can't keep paying you and if you force the issue we will be liquidated and you will get nothing.'

So, if the club forces a player out with that threat - and especially if a player like the legend TBH goes public with it - do the FL stand idly by, thereby completely undermining the principal of football debt must be paid to keep the golden share, or do they back him and effectively push the Skates over the precipice, with all the mithering recrimination that goes with it?

TBH and the other overpaid 'stars' (they must be desperate for Cardiff & Brum to make the play-offs and keep paying Lawrence & Huseklepp for another month) actually hold the key to te club's survival. If they can shift them at minimal outlay, the club just might survive. If they can't liquidation and reforming in Conference South is the only way out of it.

Peter Storrie, I salute you.

Link to comment
Share on other sites
pfc123

pfc123

Posted
Posted
Would anyone in the word [sic] sign a mediocre nPc defender of his age for 2mil?

 

Where do you get a price tag of £2m? He will sign for another club as a free agent once his contract is cancelled. Believe me, we'll be well happy to see him go on a free....

Link to comment
Share on other sites
stevegrant

stevegrant

Posted
Posted

I can't imagine he'll simply walk away for nothing, knowing that there's not a cat in hell's chance he'll be getting £50k a week (including image rights) anywhere else. His exit will still come at a cost to Pompey, although certainly not as much as if he'd stayed for the last year of his contract.

Link to comment
Share on other sites
aintforever

aintforever

Posted
Posted
Where do you get a price tag of £2m? He will sign for another club as a free agent once his contract is cancelled. Believe me, we'll be well happy to see him go on a free....

 

"It remains to be seen whether the Blues would have to engineer his exit through a mutual consent agreement." - doesn't sound like he's cancelling his contract to me.

Link to comment
Share on other sites
hypochondriac

hypochondriac

Posted
Posted
I think, if you wouldnt like that said about your club, then you need to take a long, hard look at yourself.

 

Clubs always get responses like that when they know they have been down for ages so when it happens they cheer instead of being upset. People said similar for Wolves this week and Forest were extremely complimentary when we went there the season we got relegated. Portsmouth get nice comments because they support the team now but exactly what alternative do they have? I guarantee if they had been mid table for most of the season before getting relegated on the final day they would not be receiving the same comments.

Link to comment
Share on other sites
Kingsbridge Saint

Kingsbridge Saint

Posted
Posted
Where do you get a price tag of £2m? He will sign for another club as a free agent once his contract is cancelled. Believe me, we'll be well happy to see him go on a free....

 

F uck me you really are a retard. The 'price tag' comes fro Hobsons choice. He is due $2M on his contract with you so will stick that out to the bitter end unless he can get the same by moving on. Jeez, just go and do one. You are barely relevant anymore as I am not that interested in L1.

Link to comment
Share on other sites
pfc123

pfc123

Posted
Posted
Ok explain then how as the 'best fans in the world' you have only had around 750 pledge their cash with the rest from small buinesses etc- small businesses I might add that may see this as a way of getting a slice If you survive... and you have that charming tatooed bloke peeing on seats ?

 

In addition, unsolicited mail from 1 or 2 individuals is hardly a representative sample of all those who have experienced some of your support - just go back and look at the vide and observe the foul. abuse, spitting from even young kids when we played you at Fratton - clear as daylight at every throw in.

 

Well, for a start what about the charming reception our buses got on their way out of your place after the derby game? The '80 year old toothless granny spitting vile abuse' and the dog walker 'sliding to a halt (in one his own dogs turds by the sound of it :lol:) to stick two fingers up a the passing Pompey fans'? Not very Mensa is it? You're just as bad as us.

 

I am sure you have some decent fans' date=' good loyal fans - but this 'myth' you have created is just that - as you will see when IF you are lucky enough to trot out in L1 under Chinny for your first home game with about 6000 showing up - a far cry form the 220,000 'fans' creaming themselves over a cup win - ask yourself where are they now in your hour of need? [/quote']

 

What 'myth'? It's not us heaping praise on ourselves, it's almost everyone else who comments upon us! You just hate it don't you? Go on, admit it!

 

As to atmosphere and noise' date=' your ground is the last of the sh!ty sheds that hold the sound and are placed in on the touch line - no wonder its loud and 'atmospheric' + put teh smae 14K in a decent modern stadium and you will see you are just the same as everyone else... not that you are likely to get that chance in the forseable - and for that the clubs only has itself to blame - everyone knows it, yet some just cant stop bleating its 'all so undeserved' - that is what's so unbelieveable about the fans - blame everyone but their own club, lap up 4 england internationals on championsleague wages and lord it up - did no one care to question ho it was possible on a 18k gate?[/quote']

 

It was possible because someone was funding it. A bit like yourselves, yes? How's your balance sheet lately, hmmm? Lets look at the last seven years shall we? -3.6m, -2.8m, -2.7m, -4.7m, -9.3m, -7.8m, -11.5m.

 

Oh, and 93% of wages to turnover. IF you go up, that ratio isn't going to come down is it?

 

Dance with the devil and you get burned - and your 220' date='000 best fans in the world were too busy believeing the hype to see the flames...[/quote']

 

We're not all that naive you know. We used to regularly say that we should enjoy the good times while we could in case the money ran out or the owners got bored and pulled the plug. That's why I've always given you lot the backhanded compliment that you gambled money you couldn't afford (if you went down) on SMS, we gambled money we couldn't afford (if Gaydamak ever pulled the plug) on players. At least you got a new ground out of it.

 

I'll accept that we crashed and burned more spectacularly than you did, mainly due to a Premiership turnover being about five times that of Championship club, and more of the little people are still out of pocket which is a disgrace, but the principles causes of our problems are the same.

 

Cue yet more tired lines such as: 'thick skate does not get it', 'you couldn't make it up', 'anyone written to the FL about this', 'toast', 'comedy gold', etc etc etc....

Link to comment
Share on other sites
Jimmy_D

Jimmy_D

Posted
Posted

Since when did predicting responses make them wrong?

 

There must be something about clubs going into financial meltdown and oblivion that generates long threads on their rival's forum...

 

http://www.talkceltic.net/forum/showthread.php?t=107568&page=3441

 

As for hating the description of your support... no. Dead clubs attract no supporters, it's the sounds of pity you're hearing.

 

It's a bit like how relatives always describe those that have died in the most flattering terms possible.

Link to comment
Share on other sites
 Share
Go to topic listing
×
×
  • Create New...