Pompey Takeover Saga

[OldNick]

If his contract is cancelled by mutual consent, rather than the player being given a free transfer, the player walks away with nothing. The player then becomes a free agent. The key phrase is 'mutual consent' i.e. he agrees to go. To be fair, he might agree to go if he's paid a percentange of the outstanding amount on his contract, sometimes described as a 'loyalty bonus', but usually a player leaving by 'mutual consent' is walking away with nothing...

TBH will go by 'mutual consent' if he finds another club to pay the wages he is getting now, (he may take a slight paycut just to get away of course) . i assume his agent is touting hm around but I suspect as soon as the clubs see what hwe is on they will run a mile. he is hardly a star player. If he cant find another club he will sit out his contract. I dont think Pompey could pay off his contract or even some of his contract. The deferred wages are a smoking gun, as I thought the players were deferring until the end of the season, that is soon.

 

As for your fans, i agree that you are the darlings of the media, it must be great knowing that everytime Pompeyfans comes up, the first impression is of the goon with the bell. Such a proud thing to stnd behind. I have no doubt that the noise and animosity generated at FP is immense, this is due to the fact that all the higher league clubs have modern stadia and the fans are away from the pitchside. Quaint and backward, that could be aimed at many aspects of your club. You may hide behind your 'we dont want a pre-pack stadium' but in your heart of heart you know that until you get one you will again swim around the sewage pipes for decades, again awaiting a big turd to feed on. sadly you have gobbled most of them up, already eaten the s### and feasted until you have burst.

 

Mackrill and Mero, i feel for you both, the rest of them on here, good riddance

[redkeith]

If Bristol City win at Burnley and the Skates lose at Forest, the gap will be 11 points. So they could escape punishment again .

[stevegrant]

You've also got to love how Appleton is being hero worshipped. For what, exactly? It just demonstrates how stupid and particularly how fickle they are. Michael Appleton is not a hero. He's a glorified coach who wanted to make a name for himself, so he took a job where he was promised money to spend and fed tales of great potential and amazing fans. He couldn't give a toss that it's Portsmouth - if it had been Wycombe he'd have probably taken the chance up. Sorry, but maybe its just this part of Hampshire that knows what true heroes are made of.

To be honest, for Michael Appleton at Pompey, read Nigel Pearson at Saints. Took us from comfortably mid-table to staying up with 20 minutes to go, yet appears to be hero-worshipped by many

[Frank's cousin]

TBH will go by 'mutual consent' if he finds another club to pay the wages he is getting now, (he may take a slight paycut just to get away of course) . i assume his agent is touting hm around but I suspect as soon as the clubs see what hwe is on they will run a mile. he is hardly a star player. If he cant find another club he will sit out his contract. I dont think Pompey could pay off his contract or even some of his contract. The deferred wages are a smoking gun, as I thought the players were deferring until the end of the season, that is soon.

 

As for your fans, i agree that you are the darlings of the media, it must be great knowing that everytime Pompeyfans comes up, the first impression is of the goon with the bell. Such a proud thing to stnd behind. I have no doubt that the noise and animosity generated at FP is immense, this is due to the fact that all the higher league clubs have modern stadia and the fans are away from the pitchside. Quaint and backward, that could be aimed at many aspects of your club. You may hide behind your 'we dont want a pre-pack stadium' but in your heart of heart you know that until you get one you will again swim around the sewage pipes for decades, again awaiting a big turd to feed on. sadly you have gobbled most of them up, already eaten the s### and feasted until you have burst.

 

Mackrill and Mero, i feel for you both, the rest of them on here, good riddance

 

Once agina my work computer has suffered a liquid intake.... I will be sending you the nasty emails I will get from IT

[Fitzhugh Fella]

To be honest, for Michael Appleton at Pompey, read Nigel Pearson at Saints. Took us from comfortably mid-table to staying up with 20 minutes to go, yet appears to be hero-worshipped by many

 

I would disagree Steve that when NP took over we were "comfortably" mid-table - far from it in fact, we were on a slippery slope big time (remember the debacle in the Cup at Rovers) and although Crouch had lined Tony Pulis to come in the summer (behind Stoke's back) he suddenly realised he couldn't wait and appointed Pearson. Pearson did well to steer the drifting and listing ship away from the rocks, albeit by a whisker.

[Truckasaurus]

If Bristol City win at Burnley and the Skates lose at Forest, the gap will be 11 points. So they could escape punishment again .

 

All this talk is irrelavant. (but fun)

 

portsmuff are to be wound up in the next few weeks.There is no way to avoid it,unless an idiot with loads of cash turns up.

 

If an idiot is out there why has he not come foward already? Seriously no one has enough cash to bail out the toothless pikey c***ts.

 

No money coming in (no season ticket sales ) loads of money going out.

 

"c'mon Trev get it done before i go on holiday" I don't want to read it two days late sat on white sands with my martini and big breasted beauty by my side.I'm getting impatient now.I want to read it the moment it happens,then a big party....Yippee.

 

He has a legal right to get the best deal for the creditors. No money coming in..........................tick tock tick tock

 

I've been banging on about this for a while now........sorry if i'm annoying any Saints fans.

 

God bless HMRC.

[OldNick]

Once agina my work computer has suffered a liquid intake.... I will be sending you the nasty emails I will get from IT

I think I held back a bit, but you get my drift

[suewhistle]

Did they not understand the concept of 'Icarus'?

 

I think Icarus flew over their heads..

 

Incidentally, where on earth did that homoerotic picture come from? Shame somebody couldn't hack the original source and put in the amended picture...

[tony13579]

By Neil Allen

Published on Wednesday 25 April 2012 10:42

 

 

Pompey have moved to clarify reports Liam Lawrence’s contract has been cancelled.

 

 

The claims emerged after the Football Association’s website carried details that the midfielder’s Blues deal was scrapped back on March 3.

 

Lawrence was included on a list of players under written contract whose registrations were cancelled by mutual consent last month.

 

However, Pompey have refuted he has left the club by mutual consent and insist he remains contracted to Fratton Park to the summer of 2013.

 

The confusion has come about following the requirement for Lawrence to register with the Welsh FA following his loan move to Cardiff.

 

That meant him de-registering with Pompey and the English FA first - although he still has a Pompey contract.

 

Lawrence, who has been a regular in the side of play-off contenders Cardiff, is expected back at Fratton Park at the season’s end.

[holepuncture]

Also, nice touch from Saints and Cortese in particular. He is giving the old floodlights from Staplewood to Hedge End Council (Rodaway Park) for free so Hedge End can move up to the football pyramid.

 

Wanted to help a local club and invited a number of sides/ councils to apply.

 

Nice touch that.

 

Thought I would share this decent move by SFC for our neighbours. We dont screw over local business, schools (for training areas etc), charities - we support them! It fills me with pride, that from top to bottom of our club we take the initiative in supporting our communities. Even down to dumping tons of top soil from the pitch outside SMS so people could fill their car boots up and fetilise their land. As Bearsy put it, a bigger, classier local rival.

 

But this thread isnt about our achievements, it is about pompey going down with no money in the bank.

 

There is good news for pompey and back the bid, like Norris, another high earner Fuctas has confirmed he will be taking pompey for every last penny of his contract.

 

That is another blow for the trust after they worked out yesterday that if 100% of their current pledges coughs up a grand each, they will just about be able to cover Norris' gold plated, legally binding contract... but that leaves them with zero pennies for anything else, nothing. This will be a major problem as Gadymack demands £6k each and every week for access and use of his car park - regardless of whether a game is going ahead or not! If they dont pay him his weekly cash, they have no access to half of Chainrais arena, and pack the park will continue to struggle...

 

None of this has appeared on the trusts radar though, as you currently have two board members squabbling with two POL moderators. The mods are refusing to entertain the trust due to personal differences with trust board members.

 

All the jealousy and fan on the board nonsense is tearing them apart, and I 4-1 am delighted!

 

 

Amongst all this I would like to take a moment to salute one of the finest architects of pompeys demise since Avram the great, a warm round of applause for MR quality over quantity, Stevie Clotteril!

 

[derry]

Why would players walk away. If PFC are liquidated their contracts revert to the league and under the FCR will be paid in full out of outstanding PPs. It would only be if the players could negotiate severance terms and have a new lucrative contract to go to that they would leave. I think they are clutching at straws.

[Sevvy]

By Neil Allen

Published on Wednesday 25 April 2012 10:42

 

 

Pompey have moved to clarify reports Liam Lawrence’s contract has been cancelled.

 

 

The claims emerged after the Football Association’s website carried details that the midfielder’s Blues deal was scrapped back on March 3.

 

Lawrence was included on a list of players under written contract whose registrations were cancelled by mutual consent last month.

 

However, Pompey have refuted he has left the club by mutual consent and insist he remains contracted to Fratton Park to the summer of 2013.

 

The confusion has come about following the requirement for Lawrence to register with the Welsh FA following his loan move to Cardiff.

 

That meant him de-registering with Pompey and the English FA first - although he still has a Pompey contract.

 

Lawrence, who has been a regular in the side of play-off contenders Cardiff, is expected back at Fratton Park at the season’s end.

 

 

To pick up his back pay

[Sevvy]

http://www.newsnow.co.uk/A/564354408?-11209

 

Time to clear the decks

[mickn]

Thought I would share this decent move by SFC for our neighbours. We dont screw over local business, schools (for training areas etc), charities - we support them! It fills me with pride, that from top to bottom of our club we take the initiative in supporting our communities. Even down to dumping tons of top soil from the pitch outside SMS so people could fill their car boots up and fetilise their land. As Bearsy put it, a bigger, classier local rival.

 

But this thread isnt about our achievements, it is about pompey going down with no money in the bank.

 

There is good news for pompey and back the bid, like Norris, another high earner Fuctas has confirmed he will be taking pompey for every last penny of his contract.

 

That is another blow for the trust after they worked out yesterday that if 100% of their current pledges coughs up a grand each, they will just about be able to cover Norris' gold plated, legally binding contract... but that leaves them with zero pennies for anything else, nothing. This will be a major problem as Gadymack demands £6k each and every week for access and use of his car park - regardless of whether a game is going ahead or not! If they dont pay him his weekly cash, they have no access to half of Chainrais arena, and pack the park will continue to struggle...

 

None of this has appeared on the trusts radar though, as you currently have two board members squabbling with two POL moderators. The mods are refusing to entertain the trust due to personal differences with trust board members.

 

All the jealousy and fan on the board nonsense is tearing them apart, and I 4-1 am delighted!

 

 

Amongst all this I would like to take a moment to salute one of the finest architects of pompeys demise since Avram the great, a warm round of applause for MR quality over quantity, Stevie Clotteril!

 

 

Just needs a beret to complete that Frank Spencer look imo

[pedg]

http://www.newsnow.co.uk/A/564354408?-11209

 

Time to clear the decks

 

See that article still claiming the transfer window opens on the 9th June whereas other places say mid May for transfers within the same association and 1st July otherwise? Are they getting ready to try and blame the transfer window not being open for their demise?

[brightspark]

Could someone explain to me why there demise is 'imminent'? If it was any other club, yes, but it is Pompey we are talking about.

 

Surely in an attempt to avoid liquidation Chanrai will become a reluctant owner yet again. Then it will be a matter of whether or not they will get their CVA. In a sane world, this is highly unlikely, but these creditors will have guns pointing at them from all directions when it comes to voting 'yes' or 'no'. And remember, no organisation or individual wants to be known as 'the person/people who killed Portsmouth FC and the bestest fans in the world'. If there is a chance to hide things under the carpet, I'm sure certain people will move heaven and enough to allow this, if it means that they can keep their 'integrity' in tact.

 

Fingers crossed but I will believe it when I see it. The baddies in Star Wars didn't just lie down.

[brightspark]

Could someone explain to me why THEIR demise is 'imminent'? If it was any other club, yes, but it is Pompey we are talking about.

 

Surely in an attempt to avoid liquidation Chanrai will become a reluctant owner yet again. Then it will be a matter of whether or not they will get their CVA. In a sane world, this is highly unlikely, but these creditors will have guns pointing at them from all directions when it comes to voting 'yes' or 'no'. And remember, no organisation or individual wants to be known as 'the person/people who killed Portsmouth FC and the bestest fans in the world'. If there is a chance to hide things under the carpet, I'm sure certain people will move heaven and enough to allow this, if it means that they can keep their 'integrity' in tact.

 

Fingers crossed but I will believe it when I see it. The baddies in Star Wars didn't just lie down.

 

Just in case the grammar police render my point null and void, error fixed

[Ohio Saint]

There will certainly be a couple of cretins with half-arsed plans to take over at the end of the season, and the FL are stupid enough to screw the pooch yet again and allow some arms dealing transylvanian zombie consortium to go ahead with their plans.

 

Either that or common sense will finally prevail.

[Lighthouse]

To be honest, for Michael Appleton at Pompey, read Nigel Pearson at Saints. Took us from comfortably mid-table to staying up with 20 minutes to go, yet appears to be hero-worshipped by many

 

For comfortably mid-table, read 18th 6 points above the drop zone and have played more games than all the teams around us. The real damage was done by Dodd and Gorman, losing 5 out of 6 games before Pearson took over.

 

Appleton seems alright to me, can't really see any realistic options for them who would have done better with those players available. They would do well to hang on to him next year.

[COMEONYOUREDS]

There is only two users that have a bad word to say about the pompey fans. Among the others comments are "best fans in championship".

 

Just show me one, just one, from anyone not connected with your club , a posting on a message board, a mad rambling of an old woman, anyone, just one person saying that you are the best fans in the league/england/world.

 

Go on just one.

 

Then when you have found one, see if you can find another. See if you can find ten. I bet you cant. We can - easily. And loads more.

 

go on then. and when you have done that, still nobody will care

 

you wont be the bestest fans of anything in a few weeks

[Whitey Grandad]

See that article still claiming the transfer window opens on the 9th June whereas other places say mid May for transfers within the same association and 1st July otherwise? Are they getting ready to try and blame the transfer window not being open for their demise?

Opens midnight of the last game of the season according to the Football League's own rulebookand the Premier League is the same, so who do you choose to believe? Please don't ask me what happens to teams in the playoffs. Don't forget that other countries have different start dates for the window.

[pedg]

Opens midnight of the last game of the season according to the Football League's own rulebookand the Premier League is the same, so who do you choose to believe? Please don't ask me what happens to teams in the playoffs. Don't forget that other countries have different start dates for the window.

 

Which ever way you cut it the date of the 9th June (handily 1 week after the league meeting) is a herd of bullocks as far as I can see.

[Crazy Diamond]

A user called PompeyInReading.

 

I cannot imagine something worse. A town full of plastics and apparently, a skate.

 

 

To be honest, for Michael Appleton at Pompey, read Nigel Pearson at Saints. Took us from comfortably mid-table to staying up with 20 minutes to go, yet appears to be hero-worshipped by many

 

Nigel Pearson was referred to by Le Tiss as 'the cheap option' - and I've never found reason to disagree with him. Far from a hero, again, a glorified coach - back then anyway.

[bridge too far]

Too late for our fishy friends

 

http://www.bbc.co.uk/sport/0/football/17841566

[Lazlo78]

Too late for our fishy friends

 

http://www.bbc.co.uk/sport/0/football/17841566

 

It's great to see raised awareness about these issues. No doubt, there will be loads of loopholes, but generally it could help levelling the playing field...

[badgerx16]

From the Football League rules:

 

40.6.2 'Transfer Window' shall mean either:

 

(a) the period commencing at midnight on the last day of the immediately preceding Season and ending at midnight on the 31 August next following; or

 

(b) the period commencing at midnight on the 31 December and ending at midnight on the 31 January next following,

 

PROVIDED ALWAYS that the Board shall have the discretion to amend the time and/or date upon which each of the above periods shall be deemed to end after consultation with The Premier League and Football Association in so far as is necessary to ensure that the Transfer Windows for both The League and The Premier League are the same.

 

And the definition of 'season' :

'Season' means the period of the year commencing on the date of the first League Match and, for each Club, ending immediately after the completion of the Club's final fixture of the League Competition or, if the Club is participating in the Play-Offs, the final Play-Off match for that Club.

[rallyboy]

Let's have some clarity amid the confusion - some blunt facts for the few.

 

1. The Trust cannot afford the club, nor should it.

There is nowhere near enough financial backing, all they would be doing is taking on HUGE debt.

The Trust idea is 100% doomed to fail.

 

2. All senior players are ridiculously overpaid.

 

3. If a player pledges their loyalty it's not a good thing, you need ALL of them to leave - see point 2.

 

4. The business is WAY beyond worthless, even organised crime and money launderers can no longer see a profit there.

 

5. The only answer is STILL someone with about £10M in cash, and further money to invest - by now I think we've established that they don't exist.

 

6. The parachute payments are being frittered away on Ben Haim etc and Chanrai will outbid any attempt to buy the club for peanuts, so don't believe the fantasy accounting being discussed.

 

7. It's over.

 

 

 

 

 

 

8. It really is.

[Minsk]

Too late for our fishy friends

 

http://www.bbc.co.uk/sport/0/football/17841566

 

I see 3 teams voted against it.

 

I would put my house on 2 of them being Leceister and West Ham, I wonder who the third team would be be?

 

(I doubt it will be Skates if Birch had their vote.)

[OldNick]

Too late for our fishy friends

 

http://www.bbc.co.uk/sport/0/football/17841566

surely this will means clubs coming down from the PL will have an even bigger advantage?

[Clapham Saint]

Let's have some clarity amid the confusion - some blunt facts for the few.

 

1. The Trust cannot afford the club, nor should it.

There is nowhere near enough financial backing, all they would be doing is taking on HUGE debt.

The Trust idea is 100% doomed to fail.

 

2. All senior players are ridiculously overpaid.

 

3. If a player pledges their loyalty it's not a good thing, you need ALL of them to leave - see point 2.

 

4. The business is WAY beyond worthless, even organised crime and money launderers can no longer see a profit there.

 

5. The only answer is STILL someone with about £10M in cash, and further money to invest - by now I think we've established that they don't exist.

 

6. The parachute payments are being frittered away on Ben Haim etc and Chanrai will outbid any attempt to buy the club for peanuts, so don't believe the fantasy accounting being discussed.

 

7. It's over.

 

 

 

 

 

 

8. It really is.

 

You missed:

 

9. Seriously, it realy really is.

[Whitey Grandad]

I noticed in the Football League rules that a club that is relegated from The Championship will receive parachute payments. Does anybody know the amount?

[bridge too far]

Is this a portent?

 

http://www.bbc.co.uk/news/uk-england-hampshire-17838042

 

[Dog]

Is this a portent?

 

http://www.bbc.co.uk/news/uk-england-hampshire-17838042

 

 

Idiot!

[dronskisaint]

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

 

I refer you to my desperation thread...scratching around for anything no matter how tenuous, thin and credible to hang on to ...bye you scummy w anker..

[holepuncture]

Let's have some clarity amid the confusion - some blunt facts for the few.

 

1. The Trust cannot afford the club, nor should it.

There is nowhere near enough financial backing, all they would be doing is taking on HUGE debt.

The Trust idea is 100% doomed to fail.

 

2. All senior players are ridiculously overpaid.

 

3. If a player pledges their loyalty it's not a good thing, you need ALL of them to leave - see point 2.

 

4. The business is WAY beyond worthless, even organised crime and money launderers can no longer see a profit there.

 

5. The only answer is STILL someone with about £10M in cash, and further money to invest - by now I think we've established that they don't exist.

 

6. The parachute payments are being frittered away on Ben Haim etc and Chanrai will outbid any attempt to buy the club for peanuts, so don't believe the fantasy accounting being discussed.

 

7. It's over.

 

 

 

 

 

 

8. It really is.

 

With regard to item one on your list of reasons why we are (WT)FILN, I have come to the conclusion that the current trust bid is just a smokescreen to raise as much potential money as possible for PLAN B.

 

When the club is liquidated the skate trust can come out and say they are ready to launch the pheonix club... instead of backing the bid they will emotionally blackmail pledgees to stick by your pledge.

 

£1m/£2m will not ever get near the funds required to pay off Chainrai, Gadymack and HMRC - Not in a million years!

 

I have formed this opinion based on a number of reasons; The PST spokesman was utterly clueless on the webchat, the ommissions and caveats were deafening... Penny and her little vote grabbing stunt, like all tories she is all about the self interest... POL moderators and PST board members publically squabbling, the division amongst the skates is clear for all to see... the pitful amount of pledges standing at £100k/£1m after a month despite massive PFC/Snooze/PST/Penny PR campaigns

 

(and thats before b*st*rds like me withdraw their pledges or offer to see it through at 20% of 20% less £100 expenses ShaLaLa)

 

 

Maybe I was right all along?

 

 

 

[dronskisaint]

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!

 

I think you are mistaking us for people who give a sh*t

[Joey-deacons-left-nut]

“@skysports_bryan: Spoken to Football League chairman Greg Clarke: "Distinct possibility" Portsmouth liquidated this summer if no new buyer found.”

[Joe Kirkup]

Chairman of FL just been on SSN paving the way for Liquidation - getting their excuses in first re the FAPPT, admitting that it will happen unless someone with shedloads of spare cash comes along ( must have been reading this thread)

[buctootim]

“@skysports_bryan: Spoken to Football League chairman Greg Clarke: "Distinct possibility" Portsmouth liquidated this summer if no new buyer found.”

 

Well its more than a possibility, its a certainty. The question is, will they find a buyer? Unlikely but I wouldnt get my hopes up too high. I still Chanrai will buy them, sell Fratton and any players he can and then sell the rump for £1.

[pedg]

Appears to me that despite his bluster about getting all his money that Chainrai is now caught between a rock and a hard place. On one hand Birch's document says that he would get basically nothing if the club was liquidated (though, I assume, open to a legal challenge on interpretation) and if he comes in to buy the club it would be hard for him to come out with more money than he has put in.

 

Lets assume the latter.

 

1) He has to provide some money to buy the club. Assuming the trust comes in with a bid of £1M he would have to beat that.

2) He still has to do a deal with the creditors. If he's after the parachute money he would probably offer fractions of pence in the pound and take the points penalty. But its still going to cost.

3) He needs to clear players out. As they are football creditors any money due to them, even if he does not pay them, would be extracted from the parachute payments before going to pompey.

4) He would have to persuade the locals he is not just buying the club to asset strip it and wait for the remaining parachute payments as otherwise they will not buy season tickets and he will have to find money for wages elsewhere.

 

If I was him I would be taking legal advice on Birch's statement with the aim of challenging it on liquidation as the other route is a lot more risk for an indeterminably small gain.

Edited 25 April, 2012 by pedg

[Wurzel]

With regard to item one on your list of reasons why we are (WT)FILN, I have come to the conclusion that the current trust bid is just a smokescreen to raise as much potential money as possible for PLAN B.

 

When the club is liquidated the skate trust can come out and say they are ready to launch the pheonix club... instead of backing the bid they will emotionally blackmail pledgees to stick by your pledge.

 

£1m/£2m will not ever get near the funds required to pay off Chainrai, Gadymack and HMRC - Not in a million years!

 

I have formed this opinion based on a number of reasons; The PST spokesman was utterly clueless on the webchat, the ommissions and caveats were deafening... Penny and her little vote grabbing stunt, like all tories she is all about the self interest... POL moderators and PST board members publically squabbling, the division amongst the skates is clear for all to see... the pitful amount of pledges standing at £100k/£1m after a month despite massive PFC/Snooze/PST/Penny PR campaigns

 

(and thats before b*st*rds like me withdraw their pledges or offer to see it through at 20% of 20% less £100 expenses ShaLaLa)

 

 

 

This is exactly what I've been thinking too for a couple of weeks now, and for pretty much the same reasons. And to be fair (although when it comes to them "fair" isn't a word I like to use) it's probably the best option left open too them.

[Sevvy]

http://www.newsnow.co.uk/A/564453397?-11209

[Frank's cousin]

Well I kindsa likes the story of the of the pompey pluckey best fans MYTH... now considering within a few weeks the club will be gone, they will indeed be the best fans in world ... of a club that does actually exist... so its kind of self fulfilling in a way... bit like thsoe saddo who bought Harchester tops from sky... maybe pompey can become everyones favourite mythical side... or maybe not

[Frank's cousin]

http://www.newsnow.co.uk/A/564453397?-11209

 

I will ask the question again... instead of encouraging 5000 fans to borrow £1000 each on expensve credit cards... (face palm thing) - why not ask the 220000 of the best fans in the world for £100 - easy 25 mil - club saved... or am I being naive and in reality most of em dont give a flying fec about the club really... was just nice to see a trophy?

[stevegrant]

Pearson did well to steer the drifting and listing ship away from the rocks, albeit by a whisker.

If 3 wins from 13 despite having the division's leading goalscorer at his disposal is your definition of "did well" I'd hate to see your definition of "did terribly"

 

As for Pulis, he won them promotion to the Premier League that season, why on earth would he have left them (with Coates' pocket money to throw around like confetti) for us? Sounds like another of Leon Crouch's fantastic brainwaves, rather akin to the "if I get the bank to put the club into administration, I'll be able to own it 100% myself" one which ended so well for him.

[Ken Tone]

Once agina my work computer has suffered a liquid intake.... I will be sending you the nasty emails I will get from IT

 

how?

[Frank's cousin]

how?

 

Option 1: if 'how' was referrig to 'liquid intake' = a spluttering of juice - squeezed from oranges I might add, placed in a glass, taken to the lips and then during a sudden fit of uncontrolable laughter the sudden rapid expulsion of air mixed with intra oral orange juice created a splutering effect - since I was looking at the screen at the time, the liquid travelled at pace (more tha our squad has I might add) onto areas of screen and keyboard

 

OPtion 2: if referring to 'how' I would forward emails from IT - by PM

 

Hope that clears that up.

[Gingeletiss]

how?

 

Oi!!!! No Dinenageism's on 'ere

[Toadhall Saint]

I will ask the question again... instead of encouraging 5000 fans to borrow £1000 each on expensve credit cards... (face palm thing) - why not ask the 220000 of the best fans in the world for £100 - easy 25 mil - club saved... or am I being naive and in reality most of em dont give a flying fec about the club really... was just nice to see a trophy?

 

Yep being naive I think. ;-)

[holepuncture]

Appears to me that despite his bluster about getting all his money that Chainrai is now caught between a rock and a hard place. On one hand Birch's document says that he would get basically nothing if the club was liquidated (though, I assume, open to a legal challenge on interpretation) and if he comes in to buy the club it would be hard for him to come out with more money than he has put in.

 

Lets assume the latter.

 

1) He has to provide some money to buy the club. Assuming the trust comes in with a bid of £1M he would have to beat that.

2) He still has to do a deal with the creditors. If he's after the parachute money he would probably offer fractions of pence in the pound and take the points penalty. But its still going to cost.

3) He needs to clear players out. As they are football creditors any money due to them, even if he does not pay them, would be extracted from the parachute payments before going to pompey.

4) He would have to persuade the locals he is not just buying the club to asset strip it and wait for the remaining parachute payments as otherwise they will not buy season tickets and he will have to find money for wages elsewhere.

 

If I was him I would be taking legal advice on Birch's statement with the aim of challenging it on liquidation as the other route is a lot more risk for an indeterminably small gain.

 

Calm down, you are getting hysterical... remember Chainrais recent comments:

 

My position is secured, I will get my money back.

 

If the trust cant find his £18.6m, or a buyer dosent gallop into town, then Chainrai simply gets to exercise his prefferential secured creditor status and seize all assets of PFC as according to the fixed and floating charge pompey agreed to when they accepted his filthy cash.

 

Yes, that dosent get him his money back, but it does get him some decent acre-age in the heart of the peoples republic of portsea. He will own a stadium with no club (liquidated) to facilitate the arena, he can simply join in with the 'pompey village' flat developments... so long as he leaves a little garden of fratton park turf in the middle.

 

Forget about the councils sporting use only covenants, the tories have already confirmed they mean nothing and can be appealed to the top channels.

 

Conveniently Sasha Gadymack owns the land surrounding the ground, so its landlocked... are they in it together you say? The council cant even get near fratton park with or without some useless covenant, they simply cant get near it.

 

If Chainrai and Gadymack show a little patience eventually the council will have no choice but to roll over and let the demolition party begin - they are powerless, the boys have got them just where they wanted them.

 

Lets recap on how utterly stuffed the lovely DFCSBs are:

 

 

The plan is working perfectly!