Torres Posted 24 April, 2012 Share Posted 24 April, 2012 thick skate does not know what a balance sheet is, for starters. Link to comment Share on other sites More sharing options...
hypochondriac Posted 24 April, 2012 Share Posted 24 April, 2012 Everyone vote for other in the news goal poll. Link to comment Share on other sites More sharing options...
EBS1980 Posted 24 April, 2012 Share Posted 24 April, 2012 Time for the web chat: http://www.portsmouth.co.uk/sport/pompey/webchats all vote for others on their goal of the season vote haha Link to comment Share on other sites More sharing options...
toofarnorth Posted 24 April, 2012 Share Posted 24 April, 2012 I have a username. Recently changed ISP so the ban they gave me doesn't work. Ok that is a bit obsessed Link to comment Share on other sites More sharing options...
hypochondriac Posted 24 April, 2012 Share Posted 24 April, 2012 Ok that is a bit obsessed My ISP change was coincidence. Link to comment Share on other sites More sharing options...
Jimmy_D Posted 24 April, 2012 Share Posted 24 April, 2012 They're probably using that poll to weed out Saints supporters... Link to comment Share on other sites More sharing options...
Thedelldays Posted 24 April, 2012 Share Posted 24 April, 2012 Chinni now owed £18.6m Link to comment Share on other sites More sharing options...
EBS1980 Posted 24 April, 2012 Share Posted 24 April, 2012 Who are the 2 interested parties!? Link to comment Share on other sites More sharing options...
trousers Posted 24 April, 2012 Share Posted 24 April, 2012 I think, if you wouldnt like that said about your club, then you need to take a long, hard look at yourself. Link to comment Share on other sites More sharing options...
trousers Posted 24 April, 2012 Share Posted 24 April, 2012 No one web chatting today....? http://www.portsmouth.co.uk/sport/pompey/webchats Link to comment Share on other sites More sharing options...
EBS1980 Posted 24 April, 2012 Share Posted 24 April, 2012 Trevor Birch indicated money will run out at end of May, but transfer window doesn't open until June 9th and Football League AGM is June 2nd. Link to comment Share on other sites More sharing options...
trousers Posted 24 April, 2012 Share Posted 24 April, 2012 No one web chatting today....? http://www.portsmouth.co.uk/sport/pompey/webchats Poor old Jordan is talking to himself at the moment Link to comment Share on other sites More sharing options...
Thedelldays Posted 24 April, 2012 Share Posted 24 April, 2012 who is ricardo? Link to comment Share on other sites More sharing options...
trousers Posted 24 April, 2012 Share Posted 24 April, 2012 who is ricardo? Not me. None of my questions are getting through. Link to comment Share on other sites More sharing options...
The Kraken Posted 24 April, 2012 Share Posted 24 April, 2012 Trevor Birch indicated money will run out at end of May, but transfer window doesn't open until June 9th and Football League AGM is June 2nd. Yep. So my question has been: "If as you say: - Trevor Birch has indicated the money will run out by the end of the May - But the window for selling players does not open until June 9 - On top of that the Football League AGM is on June 2 With that in mind, how can the club continue to run if it going to be insolvent?" Link to comment Share on other sites More sharing options...
Thedelldays Posted 24 April, 2012 Share Posted 24 April, 2012 Not me. None of my questions are getting through. one of mine has...20 mins later james PFCtrue Link to comment Share on other sites More sharing options...
trousers Posted 24 April, 2012 Share Posted 24 April, 2012 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 ) to stick two fingers up a the passing Pompey fans'? Not very Mensa is it? You're just as bad as us. 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! 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? 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. . :facepalm::facepalm::facepalm::facepalm: Link to comment Share on other sites More sharing options...
Huffton Posted 24 April, 2012 Share Posted 24 April, 2012 Who are the 2 interested parties!? Link to comment Share on other sites More sharing options...
COMEONYOUREDS Posted 24 April, 2012 Share Posted 24 April, 2012 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 do you think anybody cares apart from you? Link to comment Share on other sites More sharing options...
JackanorySFC Posted 24 April, 2012 Share Posted 24 April, 2012 13:44 [Comment From Phil OMac Phil OMac : ] Whch players do you think we leave us in the summer Jordan? I personally hope TBH stays - he's a rock. Quality! Link to comment Share on other sites More sharing options...
Give it to Ron Posted 24 April, 2012 Share Posted 24 April, 2012 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? Oh dear....no matter what you post you get wrong...no matter how hard you want it to be true its not going to happen! The 11.5m....the next day we sold Chamberlain for 12m and that wasn't included in this figure! The 93% wages....you forgot to mention the bit after that in the statement that our revenue had increased significantly since then and now a lot lower. You are one sad, bitter obsessed Skate...don't stop posting you cheer me up just seeing you rant and rage through gritted teeth...you wish you were n our position don't you...go on admit it gnash..gnaw... Link to comment Share on other sites More sharing options...
The Kraken Posted 24 April, 2012 Share Posted 24 April, 2012 PFC Idiot: Do you know which players are out of contract at the end of the season?" Jordan: Yes, the only two who have deals that are up is Ashdown and Rocha. Oh, and Benjani. Almost forgot him. Easy done, I guess, lately! Wow, Birch really has got some work to do to get those costs down! They'll still have the high earners such as Halford, Kitson, Mokoena, Norris, Varney and Kanu on the books. In addition, while they're claiming Ben Haim will leave, its only his agent touting him around. If he does go, it can't be until the transfer window opens on June 9th, and it may well be some time after that, if at all; and who wants to saddle themselves with a 30 year old for £36K per week? Pini Zahavi didn't get rich by throwing money away, so I can't see the benevolent side of him being exposed if he can't find a suitor to match TBH's obscene wages. Link to comment Share on other sites More sharing options...
trousers Posted 24 April, 2012 Share Posted 24 April, 2012 [TABLE=width: 100%] [TR] [TD=class: chatmsgtime, bgcolor: #F6F6F6]13:55[/TD] [TD=class: chatmsgtext viewer_text, bgcolor: #FFFFFF][TABLE=width: 100%] [TR] [TD][/TD] [TD]Comment From floridalad exactly how much would it take to purchase pompey[/TD] [/TR] [/TABLE] [/TD] [/TR] [/TABLE] [TABLE=width: 100%] [TR] [TD=class: chatmsgtime, bgcolor: #F6F6F6]13:57[/TD] [TD=class: chatmsgtext altcaster_text, bgcolor: #FFFFFF][TABLE] [TR] [TD][/TD] [TD]Jordan: I'm speculating somewhat, but would go somewhere around £7-8m. The £59m debt is somewhat misleading given the previous CVA will be shrunk into the new one. Of course the money would be needed going forward - but that's where the need to truly make the club self sufficient comes into play[/TD] [/TR] [/TABLE] [/TD] [/TR] [/TABLE] I thought aborted CVAs reverted to the original debt levels....? It's the blase "the old debt doesn't matter anymore" nature of replies such as this that get decent people's goat Link to comment Share on other sites More sharing options...
Thedelldays Posted 24 April, 2012 Share Posted 24 April, 2012 asked numerous times about the chances of further points deductions.....nothing so far Link to comment Share on other sites More sharing options...
dubai_phil Posted 24 April, 2012 Share Posted 24 April, 2012 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.... He is owed 2 million He will leave on a free Instead of paying pcfc a transfer fee the club he joins will have to give him a minimum of 2 million that he would have earnt by staying for two years. Ergo it is the equivalent of paying 2mil for a 30 year old nPc CB. OK so if you want to split hairs and the club he joins pay him the 5k a week he is worth then you can say that he is only costing the club 1.4 (ish) mil Salary due = 2mil. Anyone who takes him on has to guarantee to pay him that or he would be a fool to leave *****il you get liquidated) Link to comment Share on other sites More sharing options...
Clapham Saint Posted 24 April, 2012 Share Posted 24 April, 2012 [TABLE=width: 100%] [TR] [TD=class: chatmsgtime, bgcolor: #F6F6F6]13:55 [/TD] [TD=class: chatmsgtext viewer_text, bgcolor: #FFFFFF] [TABLE=width: 100%] [TR] [TD][/TD] [TD]Comment From floridalad exactly how much would it take to purchase pompey [/TD] [/TR] [/TABLE] [/TD] [/TR] [/TABLE] [TABLE=width: 100%] [TR] [TD=class: chatmsgtime, bgcolor: #F6F6F6]13:57 [/TD] [TD=class: chatmsgtext altcaster_text, bgcolor: #FFFFFF] [TABLE] [TR] [TD] [/TD] [TD]Jordan: I'm speculating somewhat, but would go somewhere around £7-8m. The £59m debt is somewhat misleading given the previous CVA will be shrunk into the new one. Of course the money would be needed going forward - but that's where the need to truly make the club self sufficient comes into play [/TD] [/TR] [/TABLE] [/TD] [/TR] [/TABLE] I thought aborted CVAs reverted to the original debt levels....? It's the blase "the old debt doesn't matter anymore" nature of replies such as this that get decent people's goat That would be true had AA not engineered a transfer of the business to a new company... Now the old CVA isn't (technically) anything to do with the current company. Shameful. Link to comment Share on other sites More sharing options...
pedg Posted 24 April, 2012 Share Posted 24 April, 2012 [TABLE=width: 100%] [TR] [TD=class: chatmsgtime, bgcolor: #F6F6F6]13:55[/TD] [TD=class: chatmsgtext viewer_text, bgcolor: #FFFFFF][TABLE=width: 100%] [TR] [TD][/TD] [TD]Comment From floridalad exactly how much would it take to purchase pompey[/TD] [/TR] [/TABLE] [/TD] [/TR] [/TABLE] [TABLE=width: 100%] [TR] [TD=class: chatmsgtime, bgcolor: #F6F6F6]13:57[/TD] [TD=class: chatmsgtext altcaster_text, bgcolor: #FFFFFF][TABLE] [TR] [TD][/TD] [TD]Jordan: I'm speculating somewhat, but would go somewhere around £7-8m. The £59m debt is somewhat misleading given the previous CVA will be shrunk into the new one. Of course the money would be needed going forward - but that's where the need to truly make the club self sufficient comes into play[/TD] [/TR] [/TABLE] [/TD] [/TR] [/TABLE] I thought aborted CVAs reverted to the original debt levels....? It's the blase "the old debt doesn't matter anymore" nature of replies such as this that get decent people's goat Either the old debt goes back to its original level and they will probably offer a CVA of something like 0.002p in the pound, or it stays at the reduced level and the CVA offer would be around 0.005p in the pound. Either way the debt would be drastically shrunk as the return they are likely to offer on the CVA will be pitiful. Link to comment Share on other sites More sharing options...
dubai_phil Posted 24 April, 2012 Share Posted 24 April, 2012 Either the old debt goes back to its original level and they will probably offer a CVA of something like 0.002p in the pound, or it stays at the reduced level and the CVA offer would be around 0.005p in the pound. Either way the debt would be drastically shrunk as the return they are likely to offer on the CVA will be pitiful. BUT And here is the big BUT. The ONLY reason Newco got the Golden Share was BECAUSE Newco made a commitment to honour that old CVA. Now for sure under Admin regs that is not the case, but you can be damned sure that there was a letter somewhere from the FL when they granted the Golden Share back again. Link to comment Share on other sites More sharing options...
Chin Strain Posted 24 April, 2012 Share Posted 24 April, 2012 How the hell did TCWTB get through! Link to comment Share on other sites More sharing options...
holepuncture Posted 24 April, 2012 Share Posted 24 April, 2012 That would be true had AA not engineered a transfer of the business to a new company... Now the old CVA isn't (technically) anything to do with the current company. Shameful. Comment From TCWTB Come dressed as me, bring your bell Gutted this was all I managed... wish I didnt vote for goal of the season now! Link to comment Share on other sites More sharing options...
Clapham Saint Posted 24 April, 2012 Share Posted 24 April, 2012 BUT And here is the big BUT. The ONLY reason Newco got the Golden Share was BECAUSE Newco made a commitment to honour that old CVA. Now for sure under Admin regs that is not the case, but you can be damned sure that there was a letter somewhere from the FL when they granted the Golden Share back again. Did they? They made a commitment to pay purchase consideration equivalent to the CVA payments. Everybody assumed that they were commiting to honor the CVA but they actually only agreed to honor a replica... Link to comment Share on other sites More sharing options...
St Jim Posted 24 April, 2012 Share Posted 24 April, 2012 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 ) to stick two fingers up a the passing Pompey fans'? Not very Mensa is it? You're just as bad as us. 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! 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? 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.... PFC123 - the new Corporate Ho! Link to comment Share on other sites More sharing options...
Give it to Ron Posted 24 April, 2012 Share Posted 24 April, 2012 Wow, Birch really has got some work to do to get those costs down! They'll still have the high earners such as Halford, Kitson, Mokoena, Norris, Varney and Kanu on the books. In addition, while they're claiming Ben Haim will leave, its only his agent touting him around. If he does go, it can't be until the transfer window opens on June 9th, and it may well be some time after that, if at all; and who wants to saddle themselves with a 30 year old for £36K per week? Pini Zahavi didn't get rich by throwing money away, so I can't see the benevolent side of him being exposed if he can't find a suitor to match TBH's obscene wages. The window may well open on June 9th but how many clubs will want to pay his wages over the summer? Not that many deals are done early unless they are well sought after players...would TBH come into that category...unlikely. Link to comment Share on other sites More sharing options...
andysstuff Posted 24 April, 2012 Share Posted 24 April, 2012 Lol flooded with questions. I asked one and was answered immediately. Methinks the only and are coming from posters on here. Link to comment Share on other sites More sharing options...
trousers Posted 24 April, 2012 Share Posted 24 April, 2012 Lol flooded with questions. I asked one and was answered immediately. Methinks the only and are coming from posters on here. It was like a ghost town until us obsessed nutjobs waded in.... Link to comment Share on other sites More sharing options...
pedg Posted 24 April, 2012 Share Posted 24 April, 2012 BUT And here is the big BUT. The ONLY reason Newco got the Golden Share was BECAUSE Newco made a commitment to honour that old CVA. Now for sure under Admin regs that is not the case, but you can be damned sure that there was a letter somewhere from the FL when they granted the Golden Share back again. I guess it depends on how firm the commitment was. Knowing pompey it was probably them saying "We promise to try, honest" whilst crossing their fingers behind their back so they can claim the promise does not count! Link to comment Share on other sites More sharing options...
trousers Posted 24 April, 2012 Share Posted 24 April, 2012 asked numerous times about the chances of further points deductions.....nothing so far Indeed. Any questions alluding to that were ignored. Again, the lack of replies tells us all we need to know about that.... I asked if he thought it was a lucky escape that the English FA aren't being as harsh as the Scottish FA are with Rangers. Tumbleweed.... Link to comment Share on other sites More sharing options...
St Lightjaw Posted 24 April, 2012 Share Posted 24 April, 2012 I asked .... How will our 2012/13 playing budget compare to other league one clubs? Reply ... Jordan: Hopefully it will be on a par with the average. So we never find ourselves back in the mess we have done again. Seeing as most 'average' league one clubs punch above their weight, that's more debt to look forward too for Pompey. Got a gut feeling the Portsmouth trust haven't really done the maths and are perhaps banking on unrealistic crowd figures for the years of lower league football to come. Or they are banking on a rich owner again who will be happy to cover losses. Football finances in this country are in a bit of a state. Sad really. Link to comment Share on other sites More sharing options...
trousers Posted 24 April, 2012 Share Posted 24 April, 2012 He also chose not to answer my question about Ian Holloway's comments on the BBC yesterday about a certain team not being able to afford to buy the players that they bought.... Link to comment Share on other sites More sharing options...
sidthesquid Posted 24 April, 2012 Share Posted 24 April, 2012 If they can chuck out the old CVA and get a new CVA then football is truly fcked. It needs to be refused for our leagues to have a future, otherwise why the hell should any club (or any business for that matter) bother with the rules? The ambiguity is purely the fault of the authorities. There should already be very harsh penalties for failing a CVA, and the notion of bunging a reduced figure into a new CVA should be shot down in disgust instantly. The blue morons that post on here and POL still think its about wanting to see their club suffer, but for a long time now the key issue has been ensuring football doesn't suffer long term because of this. I think they will start with minus something next season - there are rules about not agreeing a CVA, but more seriously, isn't there a rule about not being in admin for two seasons? League One and -17 is probably the most optimistic outcome. Link to comment Share on other sites More sharing options...
Gingeletiss Posted 24 April, 2012 Share Posted 24 April, 2012 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.... This is why we keep deriding you poor souls! 3 times, yes 3 times you have been in administration in the last 13 years, how the ferk does that come close to a comparison? Link to comment Share on other sites More sharing options...
Ken Tone Posted 24 April, 2012 Share Posted 24 April, 2012 (edited) I see the Pompey Trust are still onlyclaiming nearly £1 million pledged. So really, they've only raised less than £100,000 from perhaps 8 or 900 people? How many of those will melt away and take their £97.50 back if they have to find the other £900? Is there anything legally binding about their pledge? Yet the News is saying that the trust 'bid' is probably the furthest advanced of the interested parties. Blimey! They really are in the **** aren't they? Meanwhile the Trust is apparently encouraging people to borrow £900, paying back over £1100 after interest, so they can make the £1000. Have they no shame? http://www.portsmouth.co.uk/sport/pompey/pompey-past/loan-share-scheme-will-help-pompey-fans-find-cash-1-3765844 Edited 24 April, 2012 by Ken Tone Link to comment Share on other sites More sharing options...
ALWAYS_SFC Posted 24 April, 2012 Share Posted 24 April, 2012 pfc13....there is no easy way to say this.... You are a true numb nuts..... Go away and come back when your club has an ounce of decency....we won`t hold our breaths for that.... Roll on the justice of liquidation for the filthy,cheating,nauseating excuse for a football club..... Despite pitying comments from other clubs about the bestest,plucky pompey....you will not be missed.. Do not kid yourself anymore than you already have in your world of delusion... Link to comment Share on other sites More sharing options...
holepuncture Posted 24 April, 2012 Share Posted 24 April, 2012 I see the Pompey Trust are still onlyclaiming nearly £1 million pledged. So really, they've only raised less than £100,000 from perhaps 8 or 900 people? How many of those will melt away if they have to find the other £900? Is there anything legally binding about their pledge? Yet the News is saying that the trust 'bid' is probably the furthest advanced of the interested parties. Blimey! They really are in the **** aren't they? Meanwhile the Trust is apparently encouraging people to borrow £900, payiing back over £1100 afer interest, so they can make the £1000. Have they no shame? http://www.portsmouth.co.uk/sport/pompey/pompey-past/loan-share-scheme-will-help-pompey-fans-find-cash-1-3765844 I am going to pledge this Friday and pull out just before the FL AGM or at whatever point holds the greatest impact. £2.50 loss but thats fine, a £100 loss to be chased by the PST to see through my pledge is also very tempting. I would drag it along for as long as possible before saying I can no longer pay it and they have to accept 20p in the pound... after which of course I will decide I will pay them 20% of 20% so they are due £36 above my original £100. I will pay this money over a four year period in 30%/25%/25%/20% tranches... of course I will renege on that and it will revert to five years (starting on the initial second year) at 30%/20%/20%/15%/15% So my pledge to the trust will be as follows: 2012 = £100 2014 = £10.80 2015 = £7.20 2016 = £7.20 2017 = £5.40 2018 = £5.40 I will have to retrospectively apply my fees of course, which will result in a bill of £100 going back to the trust in £2018. Anyone fancy joining me in backing the bid? A nice big taste of deliciously ironic medicene for the skates... WTFILN Link to comment Share on other sites More sharing options...
pfc123 Posted 24 April, 2012 Share Posted 24 April, 2012 He is owed 2 million He will leave on a free Instead of paying pcfc a transfer fee the club he joins will have to give him a minimum of 2 million that he would have earnt by staying for two years. Er, no actually: Sorry but pfc123 is right. The player is entitled to more (Usually a % of the transfer fee) but he doesn't get his whole contract paid up. So Phil, wrong once again. This is basic stuff FFS. And I'M the one that's supposed to be thick? Link to comment Share on other sites More sharing options...
Whitey Grandad Posted 24 April, 2012 Share Posted 24 April, 2012 Yep. So my question has been: "If as you say: - Trevor Birch has indicated the money will run out by the end of the May - But the window for selling players does not open until June 9 - On top of that the Football League AGM is on June 2 With that in mind, how can the club continue to run if it going to be insolvent?" Football League Rule 40.6.2 (a) http://www.football-league.co.uk/regulations/20110629/section-6-players_2293633_2125731 The transfer window opens at midnight on the last day of the season and closes midnight 31st August. Link to comment Share on other sites More sharing options...
trousers Posted 24 April, 2012 Share Posted 24 April, 2012 I see the Pompey Trust are still onlyclaiming nearly £1 million pledged. So really, they've only raised less than £100,000 from perhaps 8 or 900 people? How many of those will melt away and take their £97.50 back if they have to find the other £900? Is there anything legally binding about their pledge? Yes. It's as legally binding as CVA1.... Link to comment Share on other sites More sharing options...
Frank's cousin Posted 24 April, 2012 Share Posted 24 April, 2012 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 ) to stick two fingers up a the passing Pompey fans'? Not very Mensa is it? You're just as bad as us. - NOTE DOG WALKER AND TOOTHLESS GRANNY - possibly fictional by that tosser Allen, but even so, not FANs, not in the ground, but charcters who could ...not make up...er well you could 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! HAHAHA you do it all the time living a somewhat fictional dream world - and rlying on a couple of unsolicted emails/letter - believe what you want... 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. Couple of points 1. No one was funding it GAYDAMARK was borrowing it it - in our case you will see 3.6 goin DOWN to 2.7 REDUCTION as best we could with contracts when relegated to the NPC as we tried to cut costs - one stupid idotic spend of cash (which we had in the bank...not borrowed by the way failed and we paid the price) - you on the other ...yep you guessed kept spending despite the fact the charities , businesses were still owed... Sinse The Liebherr takeover, yes we have spent our way out of the mess through sensible investmnet that was allocated by Markus from the outset - His own CASH, no loans - teh way Liebherr BUILT business through using his own capital to build infrastructure and support growth - total invested including purchase price 33 mil - not bad for a club about to return to teh top flight - worth about 60mil I reckon so nearly doubled his money in 3 years... pretty SOUND approach I would say. We have already been told we will need to be self sustaining in teh prem when the infrastructure investment is complete - might mean we wont buy a trophy but we are content with that Oh, and 93% of wages to turnover. IF you go up, that ratio isn't going to come down is it? I estimate our wages to turnover in teh prem to be around 55% - you do teh maths 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. ER NO - we did not gamble money we could not afford on SMS it was loan over 25 years that rquired approximately 1.4 mil a year to service which we could afford in teh prem and championship comfortably. It was the stupidy of spending 7mil on players on a promotion push in one season with no additional resources and entering contracts we could not afford that caused teh problem, not the aviva loan -it had always been paid on time as had all other bills - overdraft reducing playing kids et etc -ANd as soon as Barclays got ****ty despite a reduction in teh OD, WE entered admin to AVOID trading whilst insolvent which I am not sure you fully appreciate the term - somehow you managed to get away with that. 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. NO they are not - see above 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 More sharing options...
dubai_phil Posted 24 April, 2012 Share Posted 24 April, 2012 Er, no actually: So Phil, wrong once again. This is basic stuff FFS. And I'M the one that's supposed to be thick? Player released on a free transfer. Wages must be paid up to end of contract period or player does not have to take a free transfer if he is under contract New salary to be agreed with new club Signing on fee in lieu of a percentage from a transfer fee percentage would have to be agreed Someone wants to take TBH he will have to have his contract paid up - that would mean pcfc (yeah right as if) or the buyer = 2mil = 2mil cost to the buying club as in WHO THE FECK ELSE IS GOING TO PAY IT? He just has to sit there and pick up his cash until there is none left, then he is in the same position. Ergo someone doesn't give him the same or better deal, he will stay Link to comment Share on other sites More sharing options...
trousers Posted 24 April, 2012 Share Posted 24 April, 2012 Football League Rule 40.6.2 (a) http://www.football-league.co.uk/regulations/20110629/section-6-players_2293633_2125731 The transfer window opens at midnight on the last day of the season and closes midnight 31st August. "last day of the season".... does that include play offs? Link to comment Share on other sites More sharing options...
Recommended Posts