CB Saint Posted 26 April, 2012 Posted 26 April, 2012 Why , if they were so strapped for cash, wasn't Primus made redundant earlier. How essential is a club ambassador?
ooh it's a corner Posted 26 April, 2012 Posted 26 April, 2012 Why , if they were so strapped for cash, wasn't Primus made redundant earlier. How essential is a club ambassador? I agree. If I were a creditor I would be challenging Birch this morning. His job is to try to make the club a going concern moving forward. He has announced that relegation will only cost the club £1.2m, and yet he clearly made efforts to keep some of the better players on the books during the January transfer window. With this second traunch of redundancies, he's also admitting that he didnt cut staff "back to the bone" when he announced the first set of redundancies. He bloody well should have done. I cannot believe the cost of an ambassador, or club photographer, or an additional coach, or any of the other 7 souls who will lose their job at the end of this month, outweighed the income they were likely to bring in to Portsmouth. Therefore these jobs should have been cullled earlier. I also find no sympathy in the argument that "we're now speaking with the PFA to discuss player contracts". It's too late, you should have done this on day two. You, Mr Birch, are guilty of "hoping" for a Knight on a white steed. You have gambled with other peoples' money and that is a pretty poor show for a qualified practitioner. I wonder how much more my Southern Electric bill will be this year because you didn't make the hard decisions you needed to several months ago. How much electricity has this organisation consumed since then? And I've got to pay for it. Along with every other customer. No sympathy for the club, and no sympathy for the fans. I only hope the players dig their heels in and push the rule book back to the FL and demand their contracts are honoured.
FloridaMarlin Posted 26 April, 2012 Posted 26 April, 2012 Why , if they were so strapped for cash, wasn't Primus made redundant earlier. How essential is a club ambassador? Very necessary, especially when you have to shove a decent, god-fearing Christian who very few people in the game have a bad word for, up front as the acceptable face of the club.
suewhistle Posted 26 April, 2012 Posted 26 April, 2012 Why , if they were so strapped for cash, wasn't Primus made redundant earlier. How essential is a club ambassador? Exactly what I was thinking...
Ken Tone Posted 26 April, 2012 Posted 26 April, 2012 Nicky Roberts@lege20 @pn_neil_allen Paid for a wall of fame plaque in Dec10 for South Stand no sign of it! Can't get any answers-only £50 but was a pressie #( Blimey! Is there no end to their abuse of trust? Even fans paying for a plaque were cheated!
Ken Tone Posted 26 April, 2012 Posted 26 April, 2012 Why , if they were so strapped for cash, wasn't Primus made redundant earlier. How essential is a club ambassador? Quite. He was moved to a part-time contract earlier apparenly, but why was he needed at all? He seems a decent bloke, but let's face it the post was really only a retirement present. Unless by keeping him as an employee they made it impossible for him to complain about his charity not getting the money PFC took on its behalf and did not pass on?
dubai_phil Posted 26 April, 2012 Posted 26 April, 2012 Enjoy the Creditor meeting tweets I'll be squished in amongst 422 other cattle on the plane when it kicks off. Hope to get time to catch up RB's poetry and Trousers' pics later tonight Have a great day y'all
Wes Tender Posted 26 April, 2012 Posted 26 April, 2012 Nicky Roberts@lege20 @pn_neil_allen Paid for a wall of fame plaque in Dec10 for South Stand no sign of it! Can't get any answers-only £50 but was a pressie #( Blimey! Is there no end to their abuse of trust? Even fans paying for a plaque were cheated! The plaque that I'm looking forward to seeing, is the one at the entrance of the new Fratton Tesco Superstore. The one that will read "On this site stood the stadium of Portsmouth Football Club, 1898 - 2012."
dronskisaint Posted 26 April, 2012 Posted 26 April, 2012 I agree. If I were a creditor I would be challenging Birch this morning. His job is to try to make the club a going concern moving forward. He has announced that relegation will only cost the club £1.2m, and yet he clearly made efforts to keep some of the better players on the books during the January transfer window. With this second traunch of redundancies, he's also admitting that he didnt cut staff "back to the bone" when he announced the first set of redundancies. He bloody well should have done. I cannot believe the cost of an ambassador, or club photographer, or an additional coach, or any of the other 7 souls who will lose their job at the end of this month, outweighed the income they were likely to bring in to Portsmouth. Therefore these jobs should have been cullled earlier. I also find no sympathy in the argument that "we're now speaking with the PFA to discuss player contracts". It's too late, you should have done this on day two. You, Mr Birch, are guilty of "hoping" for a Knight on a white steed. You have gambled with other peoples' money and that is a pretty poor show for a qualified practitioner. I wonder how much more my Southern Electric bill will be this year because you didn't make the hard decisions you needed to several months ago. How much electricity has this organisation consumed since then? And I've got to pay for it. Along with every other customer. No sympathy for the club, and no sympathy for the fans. I only hope the players dig their heels in and push the rule book back to the FL and demand their contracts are honoured. Good and relevant post. If the administrator can't explain why these costs were essential to the daily running of the club then the costs (plus any others similarly identified) should come out of his company's fee and be added to the creditor pot.
EastleighSoulBoy Posted 26 April, 2012 Posted 26 April, 2012 Nicky Roberts@lege20 @pn_neil_allen Paid for a wall of fame plaque in Dec10 for South Stand no sign of it! Can't get any answers-only £50 but was a pressie #( Blimey! Is there no end to their abuse of trust? Even fans paying for a plaque were cheated! If their fans had enough teeth between them then maybe they could have a plaque collection?
Ken Tone Posted 26 April, 2012 Posted 26 April, 2012 going out in a mo, returning later to plough through 10 pages of thread no doubt. Predictions for today - Some random pikey will announce that the situation is worse than they thought. UnAppy will put on a brave face while his agent organises a move as his staff are removed from around him. Birch will put on his serious face and appeal for a new owner, perhaps adding a new deadline. Trousers will come up with a ridiculous farm animal-themed excuse for not going to work. A toothless simpleton will appear on Sky saying that the club will never die and that they are the bestest in the world. Ben Haim will lie on a beach faraway, sipping cool drinks. Peter Storrie will prepare yet another press statement deflecting the blame. The FL will act all concerned, in public. Another charity-shafting will be confirmed. Nothing will change. It's like someone telling you the score before you watch a recording of a match -- ruined the day for me
trousers Posted 26 April, 2012 Posted 26 April, 2012 @pn_neil_allen: First arrivals at the creditors' meeting - UHY Hacker Young. No AA but Kubik and Mulgrew. #Pompey #pcm2012 No AA? Boo! Hiss!
Toomer Posted 26 April, 2012 Posted 26 April, 2012 If their fans had enough teeth between them then maybe they could have a plaque collection? Very clever but terrible A, your wit will be lost on many.
pedg Posted 26 April, 2012 Posted 26 April, 2012 @pn_neil_allen: First arrivals at the creditors' meeting - UHY Hacker Young. No AA but Kubik and Mulgrew. #Pompey #pcm2012 No AA? Boo! Hiss! I don't suppose they have bought a very big cake with them? Always one for the surprise entrance AA.
Lurkster Posted 26 April, 2012 Posted 26 April, 2012 pn_neil_allen: Another arrival - Deepak Chainrai. Obviously representing Portpin. #Pompey #pcm2012 [via Twitter]
ooh it's a corner Posted 26 April, 2012 Posted 26 April, 2012 Does anyone know what happens today, if the creditors dont vote in favour of Mr Birch's proposals? Does he get the chance to go away and do it again, or does he offer liquidation as the alternative? what relevance is the 10 week deadline for this meeting? (Which I believe expires tomorrow). If he has to go away and do it again, does he only have 24 hours to save the world?
Gingeletiss Posted 26 April, 2012 Posted 26 April, 2012 Thursday April 26, 2012 10:53 pn_neil_allen: Another arrival - Deepak Chainrai. Obviously representing Portpin. #Pompey #pcm2012 [via Twitter] 10:56 pn_Rory_McKeown: Attendance starting to rise at creditors meeting. Balram Chainrai and CSI representatives present. Still waiting for Trevor Birch. #pcm2012 [via Twitter] 10:57 pn_neil_allen: Roll up, Roll up. Here is Nick Byrom, former commercial director. #Pompey #pcm2012 [via Twitter] 11:01 pn_Rory_McKeown: David Lampitt has arrived at creditors meeting #pcm2012 [via Twitter] 11:01 pn_neil_allen: Here is another. David Lampitt. #Pompey #pcm2012 [via Twitter] 11:02 pn_Rory_McKeown: Administrator Trevor Birch is now here #pcm2012 [via Twitter] 11:03 pn_neil_allen: John Redgate is present too. Rather a sparse turnout at the moment compared to 2 years ago. #Pompey #pcm2012 [via Twitter] 11:04 pn_Rory_McKeown: City council leader Gerald Vernon-Jackson is here #pcm2012 [via Twitter]
Lurkster Posted 26 April, 2012 Posted 26 April, 2012 Link to the news special coverage of the creditors meeting: http://www.portsmouth.co.uk/news/news-special
Gingeletiss Posted 26 April, 2012 Posted 26 April, 2012 11:11 pn_neil_allen: Let's not forget that everyone attending represents parties who are owed money by the club. #Pompey #pcm2012 [via Twitter] Sharp as a knife, is our Neil.......
Minty Posted 26 April, 2012 Posted 26 April, 2012 Sharp as a knife, is our Neil....... You need to remember who the majority of his audience are... I imagine you need the same qualities as a CBBC presenter.
stevegrant Posted 26 April, 2012 Posted 26 April, 2012 Forget those associated with owners and directors. Sadly too many other familiar faces here stung yet again. Fool me once, shame on you; fool me twice, shame on me.
OldNick Posted 26 April, 2012 Posted 26 April, 2012 I cant believe that other creditors come out at over 3m. Didnt they do credit checks before supplying goods and services!!!! I wondered all along why the caterers etc still were supplying stuff, i assumed that they were cash on delivery but apparently not.
Gingeletiss Posted 26 April, 2012 Posted 26 April, 2012 11:19 pn_Rory_McKeown: Questions from the floor #pcm2012 first from Carl Faulds rep Bishops Printers. [via Twitter] 11:21 pn_Rory_McKeown: Faulds: likelihood of a buyer before next season? Birch: no bid on the table. It's 50/50. #pcm2012 [via Twitter] 11:21 pn_neil_allen: Birch on interest: No-one is making the noises that will convince me. I am still trying to keep them at the table. #Pompey #pcm2012 [via Twitter]
Ken Tone Posted 26 April, 2012 Posted 26 April, 2012 I cant believe that other creditors come out at over 3m. Didnt they do credit checks before supplying goods and services!!!! I wondered all along why the caterers etc still were supplying stuff, i assumed that they were cash on delivery but apparently not. Apparently the cheque was in the post.
andysstuff Posted 26 April, 2012 Posted 26 April, 2012 Sounds like absolutely no sign of a buyer on the horizon
fromdayone Posted 26 April, 2012 Posted 26 April, 2012 11:19 pn_Rory_McKeown: Questions from the floor #pcm2012 first from Carl Faulds rep Bishops Printers. [via Twitter] 11:21 pn_Rory_McKeown: Faulds: likelihood of a buyer before next season? Birch: no bid on the table. It's 50/50. #pcm2012 [via Twitter] 11:21 pn_neil_allen: Birch on interest: No-one is making the noises that will convince me. I am still trying to keep them at the table. #Pompey #pcm2012 [via Twitter] No bids on the table, still trying to keep (interested parties) at the table...... doesn't sound like a "50/50" chance to me!
ooh it's a corner Posted 26 April, 2012 Posted 26 April, 2012 50/50 with no offer on the table? Blimey, I've put offers in on houses that have taken more than 3 months to complete. If you haven't got an offer on the table yet sunshine, then I would suggest the odds of having a new owner in before the start of next season (or June 2nd) are closer to zero. (mind you we already knew that didnt we?)
buctootim Posted 26 April, 2012 Posted 26 April, 2012 Birch on interest: No-one is making the noises that will convince me. I am still trying to keep them at the table So in other words 'they are just tyre kickers but I'm trying to stop them walking away because then I would have to admit I have no interested parties at all.'
Jimmy_D Posted 26 April, 2012 Posted 26 April, 2012 What's the ultimate purpose of today's meeting? Is it a simple progress report, or are they voting on a CVA today?
Lifelongsaint83 Posted 26 April, 2012 Posted 26 April, 2012 Nabil Hassan @NabilHassan79 Birch reveals two interested parties in buying #pompey. One more serious than the other. Yet to see proof of funds.
Gingeletiss Posted 26 April, 2012 Posted 26 April, 2012 11:29 pn_neil_allen: Carl Folds rep. Bishop's Printers asked the question where it has gone wrong. Lampitt and Redgate speaking from the floor. #Pompey #pcm2012 [via Twitter] 11:30 pn_Rory_McKeown: Carl Faulds: why has club run out of money since CSI took over? Overdraft facility was in place and share capital. #pcm2012 [via Twitter] I wonder if Carl is a Saints fan?
trousers Posted 26 April, 2012 Posted 26 April, 2012 @pn_Rory_McKeown: David Lampitt: the club wasn't self sufficient when came out of administration and through ownership of CSI.
anothersaintinsouthsea Posted 26 April, 2012 Posted 26 April, 2012 @pn_Rory_McKeown: David Lampitt: the club wasn't self sufficient when came out of administration and through ownership of CSI.i'm sure that Ho told us they were
Gingeletiss Posted 26 April, 2012 Posted 26 April, 2012 11:36 pn_neil_allen: Lampitt: Even before CSI the club was not self sustaining. Foulds pressing this hard. #Pompey #pcm2012 [via Twitter] You tell 'em Carl!
bridge too far Posted 26 April, 2012 Posted 26 April, 2012 Neil Allen @pn_neil_allen Reply Retweet Favorite · Open Lampitt: Even before CSI the club was not self sustaining. Foulds pressing this hard. #Pompey #pcm2012
Jimmy_D Posted 26 April, 2012 Posted 26 April, 2012 i'm sure that Ho told us they were Repeatedly. With very little bladder control.
Gingeletiss Posted 26 April, 2012 Posted 26 April, 2012 11:38 pn_Rory_McKeown: David Lampitt: the club needed new investment from exit of administration. #pcm2012 #Pompey [via Twitter] 11:38 pn_neil_allen: Faulds v Lampitt dominating. Faulds seeking answers for how the club has ended up like this. #Pompey #pcm2012 [via Twitter]
ooh it's a corner Posted 26 April, 2012 Posted 26 April, 2012 You get the impression that Faulds wants to hold someone to account, for trading whilst insolvent. Lampitt would be the guy to aim at for that. I wonder how big his house is?
bridge too far Posted 26 April, 2012 Posted 26 April, 2012 [TABLE] [TR] [TD][/TD] [TD]pn_neil_allen: Birch: Liquidation would see the ground become asset of liquidators. They will sell it as they see fit. #Pompey #pcm2012 [via Twitter][/TD] [/TR] [/TABLE]
Gingeletiss Posted 26 April, 2012 Posted 26 April, 2012 11:41 pn_neil_allen: Birch: Liquidation would see the ground become asset of liquidators. They will sell it as they see fit. #Pompey #pcm2012 [via Twitter]
Gingeletiss Posted 26 April, 2012 Posted 26 April, 2012 11:43 pn_Rory_McKeown: Chainrai's team say former owner won't see club liquidated. #pcm2012 [via Twitter]
bridge too far Posted 26 April, 2012 Posted 26 April, 2012 Tony Husband @TonyHusbandBBC Reply Retweet Favorite · Open #pompey representative of Balu Chainrai says he will not let club go into liquidation.
Islander Posted 26 April, 2012 Posted 26 April, 2012 [TABLE] [TR] [TD][/TD] [TD]pn_neil_allen: Birch: Liquidation would see the ground become asset of liquidators. They will sell it as they see fit. #Pompey #pcm2012 [via Twitter] [/TD] [/TR] [/TABLE] Really?? Whoops
pedg Posted 26 April, 2012 Posted 26 April, 2012 11:43 pn_Rory_McKeown: Chainrai's team say former owner won't see club liquidated. #pcm2012 [via Twitter] If this is the case would Chainrai have to bid on the club like anyone else or does his position allow him any other route?
Frank's cousin Posted 26 April, 2012 Posted 26 April, 2012 yep but chinneys team saying they wont let the club be liquidated.... so he wuld have to 'bid' whatever the liquidation sale would raise + to satisfy creditors?.... so can we see a situation where Chinney in effct takes 100% again after paying the creditors off at 20p - getting 100% for around 7 or 8 mil?
St Chalet Posted 26 April, 2012 Posted 26 April, 2012 11:43 pn_Rory_McKeown: Chainrai's team say former owner won't see club liquidated. #pcm2012 [via Twitter] Of course he won't. He'll be in Hong Kong!
Gingeletiss Posted 26 April, 2012 Posted 26 April, 2012 11:52 pn_neil_allen: Lampitt asks for clarification of PKF fees. Trevor Watkins replies they are £190,000 up until the end of March. #Pompey #pcm2012 [via Twitter]
anothersaintinsouthsea Posted 26 April, 2012 Posted 26 April, 2012 Tony Husband @TonyHusbandBBC Reply Retweet Favorite · Open #pompey representative of Balu Chainrai says he will not let club go into liquidation. Well he's not going to say otherwise is he?
pedg Posted 26 April, 2012 Posted 26 April, 2012 have to laugh that the news reporters feel they need to put the year on the end of their pompey creditors meeting hashtag.
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