Truckasaurus Posted 9 May, 2012 Share Posted 9 May, 2012 Voldermort is a tit. Who does he think he is trying to bring in players ? The kiddies camping in the dump that is fratton park. Footie players have agents,these people earn good money and will be clued up with regards to portsmuff. I will be surprised if they manage to get any players in.(Apart from the obvious thugs and rapists whome no one else will touch with a barge poll) Shed evans will be a free agent in a couple of years..................scumbag,really suits your club. On a different theme,should people as ugly as Voldermort and big fat Sam be allowed so much air time on TV. I thought people on TV were meant to be beautiful,more pleasing on the eye. Sky TV have it about right (even the men ) The sexy lady with..................well mmmmm. The sooner WHU fail and poopey disappear the better for all of us. Then no more vomit over the coffee table. God bless HMRC. Link to comment Share on other sites More sharing options...
St Chalet Posted 9 May, 2012 Share Posted 9 May, 2012 Sounds like it. They worked for the club defending the winding up order http://www.neumansllp.com/pr_2010_01_19.html I assume they did not get paid or something?? That case was pre-administration #1, if it is related to that then why was AA (remember how righteous he was about Birch's potential conflict of interest) using them prior to being appointed? More fun tomorrow me thinks. Link to comment Share on other sites More sharing options...
rallyboy Posted 9 May, 2012 Share Posted 9 May, 2012 so another player is likely to return tomorrow with his tail between his legs - that Hoseclip bloke who went to Birmingham and gobbed off, giving it large about putting us in our place. That must be another £15K a week to find - every little helps! Play-offs couldn't have gone much worse for Birch. Link to comment Share on other sites More sharing options...
Saint in Paradise Posted 9 May, 2012 Share Posted 9 May, 2012 Surely the return of all of these heros will convince even more to sign up to the trusts scheme ? Link to comment Share on other sites More sharing options...
Lazlo78 Posted 9 May, 2012 Share Posted 9 May, 2012 The only internet connection that goes down... and then goes down again and as for the car insurance they will only cover 20p in the pound on any damage and then refuse to pay even that. Cheap shot... But a darn good one Link to comment Share on other sites More sharing options...
Dark Munster Posted 9 May, 2012 Share Posted 9 May, 2012 http://www.portsmouth.co.uk/sport/pompey/pompey-past/chainrai-named-as-one-of-two-parties-in-pompey-talks-1-3820088 I just cannot see what BC would do in L1 with no players etc to get us anywhere but down again and again. Dear Confused: Maybe Chinny won't be concerned about having no players, and going down and down again. Don't worry though, you'll finally be rid of him after he's got his hands on the remaining parachute payments. Then your misery will be over. As in pull-the-plug over. Link to comment Share on other sites More sharing options...
Dark Munster Posted 9 May, 2012 Share Posted 9 May, 2012 I'm not sure he was the "owner" first time round. If I remember it correctly, he had a charge over the invisible Sheikh's shares, as security for the loan to Falcondrone, and excercised control through "nominees". I don't know whether the shares were ever formally transferred to him, or Portpin, before they went into admin. There's no flies on Chinny. He did become the owner when the "club" was transferred to Newco by Andronikou at the end of the first admin. Al Mirage "in charge" the first time, and a couple of hand-picked Russian idiots the second time. Not forgetting the wonderful follow-up work done by the Android. Our Chinny's a slippery eel, isn't he? If he ever gets bored with the loan shark business, I think he has the skills to become a world class puppeteer. Link to comment Share on other sites More sharing options...
hutch Posted 10 May, 2012 Share Posted 10 May, 2012 Also when are the creditors due to meet to hear and vote on the terms of CVA MkII? My guess would be some time after Birch has a bona fide bid on the table so he knows how much he will receive to pay any CVA. At the moment he hasn't got a single penny to offer the unsecured creditors. Link to comment Share on other sites More sharing options...
70's Mike Posted 10 May, 2012 Share Posted 10 May, 2012 Al Mirage "in charge" the first time, and a couple of hand-picked Russian idiots the second time. Not forgetting the wonderful follow-up work done by the Android. Our Chinny's a slippery eel, isn't he? If he ever gets bored with the loan shark business, I think he has the skills to become a world class puppeteer. Agent Chinny, unlike Agent Redknapp was tasked with a long term assignment to kill the few, slowly by keep giving them hope before finally pulling the plug Link to comment Share on other sites More sharing options...
Gruffalo Posted 10 May, 2012 Share Posted 10 May, 2012 That must be another £15K a week to find - every little helps! Seem to recall reports of Huseklepp being on closer to £30k per week.. His return to the campsite will serve as another happy reminder of the days when they were 'comfortable to push the boat out a little..'. Link to comment Share on other sites More sharing options...
hutch Posted 10 May, 2012 Share Posted 10 May, 2012 I've labelled your 'costs' with letters to make it easier to explain. A includes b through f. They are all one and the same. CVA cost is effectively the purchase price. It's likely to be nominal (in the scheme of things). Probably paid for by a large chunk of the pledges. Maintenance Costs, Insurances, Ancillary Staff and a good chunk of Players / Backroom will be covered by ticket sales, merchandising, advertising and sponsorship. There are other avenues too - plenty of partnerships can be forged (look at the TM Lewin deal as an example, that's the tip of the available iceberg). PFC have never traditionally capitalised on this, for whatever reason. The trust would be likely to work with partners. What better way for fans to support the club than by having PFC broadband, PFC credit card, PFC car insurance (and so on). No risk to the purchaser because the product is direct with another company - they're just using the PFC name. That leaves a shortfall for player wages. Currently an unknown. Is Ben Haim going? If he is, that's over £2m a year saved. Huseklepp, Lawrence, Mullins - are they going? After Yr 1 the PPs become available (mostly swallowed by football creditors in the first year) so some of Yr 1 losses could be offset against Yr 2 revenue - the wage bill is likely to be much lower in Yr 2. This is before any additional player sales too. It's certainly achievable and the trust don't need that much money to do it. What they 'need' is to be able to present a bid that represents better value for Chainrai than Liquidation. I have to comment on the quote from the Trust spokesperson quoted by Holepuncture above, particularly the last sentence. Is he really saying that they intend to offer Birch a "nominal" amount as purchase price, which will then go to the unsecured creditors (i.e. everybody else except Chainrai, who is a secured creditor) in a CVA, and then persuade Chainrai that this a better deal for him than liquidation? I'm not sure how that's going to work, but I'll watch with interest. Link to comment Share on other sites More sharing options...
Frank's cousin Posted 10 May, 2012 Share Posted 10 May, 2012 TBH, their best bet is to structure a buy out based on a solid business plan - that would over time give back cash to al creditors in excess of what tehy would get on liquidation - they should look to adress the football creditors first and ensure thats paid... then get in an honest and experienced financila director to sort the mess out and work out a longer term repayment plan for all creditors based on L1/L2 revenues say over 10 years. what they then have left is their annual player budget and stick to it... it really is that simple... stick to a budget. If they had a CREDIBLE of that kind, they could in theory buy ten club for £1, if they can convince chinney he gets his money over 4 years and a chunk of the year 4 parachute... Link to comment Share on other sites More sharing options...
Saint Lindford Posted 10 May, 2012 Share Posted 10 May, 2012 What with the campsite probably attracting as many people as one of the 'Pack the Park' games this little gem came to light from an e-book history of Notarf Krap. In September 1930 aviation pioneer Amy Johnson kicked off a match for the Portsmouth Supporters’ Club Schools Cup and attracted an audience of 10,000 to the ground. So even in 1930 they could get nearly as many for a school game that packed the park in their hour of need. LOL Link to comment Share on other sites More sharing options...
Sevvy Posted 10 May, 2012 Share Posted 10 May, 2012 http://www.newsnow.co.uk/A/569101301?-11209 How did they win this, Link to comment Share on other sites More sharing options...
Ohio Saint Posted 10 May, 2012 Share Posted 10 May, 2012 http://www.newsnow.co.uk/A/569101301?-11209 How did they win this, By providing a park in the city where families with kids can run around and play unhindered by crowds on a Saturday afternoon. Link to comment Share on other sites More sharing options...
sussexsaint Posted 10 May, 2012 Share Posted 10 May, 2012 Tents, sporting venue, Voldermort It will be the quidditch world cup fiasco all over again, mark my words Link to comment Share on other sites More sharing options...
Frank's cousin Posted 10 May, 2012 Share Posted 10 May, 2012 http://www.newsnow.co.uk/A/569101301?-11209 How did they win this, Fair play to them if genuinely due to the experience of an unbaissed 'mystery family' - but suspect sympathey based on ignorance may have played a part... But I think we need to be mature enough to accept that its good to see that despite a record breaking level of debt, attempts to gain a footballing competitive advantage without any financial guarantees, cheating the tax man, charities and local businesses not once, but twice, they have at least got one thing right.... Link to comment Share on other sites More sharing options...
Durleyfos Posted 10 May, 2012 Share Posted 10 May, 2012 http://www.newsnow.co.uk/A/569101301?-11209 How did they win this, I can't believe we didn't win this. CORTESE OUT... FFS...etc. Link to comment Share on other sites More sharing options...
pedg Posted 10 May, 2012 Share Posted 10 May, 2012 I can't believe we didn't win this. CORTESE OUT... FFS...etc. Actually I suspect we have.? Its an award, like blue flag beaches, that can be awarded to lots of places. Created in 2007, the Award is based on an independent assessment, commissioned by The Football League, of the family experience at all 72 League clubs during the 2011/12 season using 'mystery shopper' families and recognises the outstanding experience clubs provide for young fans and families at their grounds. A record 50 clubs from across all three divisions of The Football League were given the Award for 2012 - topping the previous highest total of 47 - with nine clubs securing it for the fifth year running. A total of eight clubs also won the award for the first time this year. Link to comment Share on other sites More sharing options...
Frank's cousin Posted 10 May, 2012 Share Posted 10 May, 2012 We won one last year, but this years results not yet published on the FL web site... pompey only won for the first time this year Link to comment Share on other sites More sharing options...
sussexsaint Posted 10 May, 2012 Share Posted 10 May, 2012 I can't believe we didn't win this. CORTESE OUT... FFS...etc. The family of 'myster shoppers' were probably very impressed to be served by members of the first team tbf Link to comment Share on other sites More sharing options...
fromdayone Posted 10 May, 2012 Share Posted 10 May, 2012 Player sales not going well then!.......not suprising when purchasing clubs know that in a few short weeks they can grab a free bargain rather than just a bargain. http://www.portsmouth.co.uk/sport/pompey/pompey-past/birch-frustration-at-slow-fratton-firesale-1-3823948 Link to comment Share on other sites More sharing options...
Frank's cousin Posted 10 May, 2012 Share Posted 10 May, 2012 The only saviour we have is if HMRC getting a ruling in their favour on the football creditors rule, then if i am not mistaken, all the players can have thier contracts ripped up LOL... yes it means you can simply bypass employement law! They can inded then sack them/make them redundent and not paying them compensation wont mean they lose the Golden Share, but suspect the lawyers for the players and PFA may well have something to say about it... as if not liquidated, they would still need to follow HR legislation..... Link to comment Share on other sites More sharing options...
Saint J 77 Posted 10 May, 2012 Share Posted 10 May, 2012 i've emailed the FL to ask. I suggest plenty of others do the same. It's unimportant of course, but still bewildering. I'm sure if they answered honestly they would answer "Sympathy vote". Quite why they deserve any sympathy is beyond me though. If the FA had seen what a family is subjected to when just using the toilets there then I'm sure they would withdraw the award Link to comment Share on other sites More sharing options...
Clapham Saint Posted 10 May, 2012 Share Posted 10 May, 2012 http://www.portsmouth.co.uk/sport/pompey/pompey-past/birch-frustration-at-slow-fratton-firesale-1-3823948 [url=http://www.portsmouth.co.uk/sport/pompey/pompey-past/birch-frustration-at-slow-fratton-firesale-1-3823948][/url] ‘At this stage we are not looking at mutually agreeing to cancel contracts as we want to wait and see who comes in for them. Negotiation master class... I'm sure that will have the prospective buyers clamouring to get in with an offer "before its too late" Link to comment Share on other sites More sharing options...
dubai_phil Posted 10 May, 2012 Share Posted 10 May, 2012 Negotiation master class... I'm sure that will have the prospective buyers clamouring to get in with an offer "before its too late" Although.... Here's an idea. So you need to cancel some contracts eh Trev? Tell you what then, how long have Varney Lawrence and Norris got on their contracts? So that comes to what precisely? XXXXX million? Well tell you what you give US XXXXX million less 50 Grand and you'll have shown the Creditors you saved then some money. PAY for your players?? Now now, don't be silly Link to comment Share on other sites More sharing options...
Gemmel Posted 10 May, 2012 Share Posted 10 May, 2012 Negotiation master class... I'm sure that will have the prospective buyers clamouring to get in with an offer "before its too late" He's not quite the guru and saviour that people thought he was, when he was appointed. Link to comment Share on other sites More sharing options...
trousers Posted 10 May, 2012 Share Posted 10 May, 2012 My guess would be some time after Birch has a bona That's as good a reason as any IMO Link to comment Share on other sites More sharing options...
View From The Top Posted 10 May, 2012 Share Posted 10 May, 2012 [h=3]denmeadblue[/h]Thursday, May 10, 2012 at 11:55 AM Honestly who apart from the fans would want to buy us. No ground, no training pitch, league one, probable points deduction, heading for league two and obscurity, either a group of players on extortionate wages or no team at all. Plus on top of all that they have to pay millions for the privallege of owning all that. Link to comment Share on other sites More sharing options...
S-Clarke Posted 10 May, 2012 Share Posted 10 May, 2012 (edited) denmeadblue Thursday, May 10, 2012 at 11:55 AM Honestly who apart from the fans would want to buy us. No ground, no training pitch, league one, probable points deduction, heading for league two and obscurity, either a group of players on extortionate wages or no team at all. Plus on top of all that they have to pay millions for the privallege of owning all that. At last, some sense...! He can't be a skate... He makes a fair point though, they're just such an attractive purchase aren't they??!!. To think, they'd actually cost a prospective buyer more than it cost Markus to buy us. With us he got a 32k stadium, a modern training ground which we own, and other assets including jacksons farm. I cannot see any sane person taking a chance on them, there's nothing to gain. There's very little chance of a miracle story and it's kind of the equivalent of chucking your money down the toilet. That's why they've only attracted tyre kickers and dodgy owners, and that's all they'll continue to attract. The futures not bright for them, that's for sure - a long, long, long way back to championship football. Edited 10 May, 2012 by S-Clarke Link to comment Share on other sites More sharing options...
rallyboy Posted 10 May, 2012 Share Posted 10 May, 2012 The return of the failed loanees has properly damaged them and every Trust plan seems to rely on Chanrai having a caring side...and that my nutjob friends is why they are up sh!t creek without a boat. A ruthless loan shark suddenly realises he needs to care less about money and spend more time helping people who have ripped him off and abused him? Doesn't look like a way forward, sounds like a West End musical plot so sickly that even the cultural anti-christ Lloyd Webber would be too ashamed to vocalise it. As for the football creditor rule, if that is overturned in law, presumably the football authorities will just come up with massive sanctions for failing to pay football debts? Failing to honour a player contract - minus 10pts? Missing a transfer payment - minus 20pts? It is their game, and as we discovered, they can do what they want. And I'm not sure that West Ham will have the strength to overcome the standard minus 9 if they pull that administration stunt - and Sheffield Utd will be likely to mention to the authorities that they are about to be bankrupted by another club. I don't think a change of ruling on football creditors will offer much freedom, it will just assist the likes of HMRC not to be sidelined. I can't see it being an easy escape route for debt-riddled clubs. Link to comment Share on other sites More sharing options...
fromdayone Posted 10 May, 2012 Share Posted 10 May, 2012 Wedding packages available at Notarf! http://www.portsmouthfc.co.uk/LatestNews/news/Wedding-Days-2627.aspx Link to comment Share on other sites More sharing options...
Ken Tone Posted 10 May, 2012 Share Posted 10 May, 2012 http://www.portsmouthfc.co.uk/LatestNews/news/Pompey-Academy-Seeks-Host-Families-2004.aspx Seeking host families for apprentices, but no mention of the club actually paying for this accommodation I see. Very wise. Link to comment Share on other sites More sharing options...
Clapham Saint Posted 10 May, 2012 Share Posted 10 May, 2012 Wedding packages available at Notarf! http://www.portsmouthfc.co.uk/LatestNews/news/Wedding-Days-2627.aspx From an intimate ceremony to a large reception for more than 400 guests, our facilities provide a perfect backdrop. Are they planning on holding ceremonies on match days? Link to comment Share on other sites More sharing options...
Micky Posted 10 May, 2012 Share Posted 10 May, 2012 http://www.portsmouthfc.co.uk/LatestNews/news/Pompey-Academy-Seeks-Host-Families-2004.aspx Seeking host families for apprentices, but no mention of the club actually paying for this accommodation I see. Very wise. "Latest lies" eh, quite an apt link actually.... Link to comment Share on other sites More sharing options...
Gemmel Posted 10 May, 2012 Share Posted 10 May, 2012 The guy from the trust is claiming on line that the club is for sale and the asking price is 1 pound. My maths was never very good, can someone tell me how muh each creditor will get from the sale price. Link to comment Share on other sites More sharing options...
Ken Tone Posted 10 May, 2012 Share Posted 10 May, 2012 If you mean 'oldredeye' his various statements don't make sense. He talks of a CVA and staged payments to secured creditors one minute and 'debt free' the next. Feel sorry for the bloke actually. He is a fan trying his best to save his club by getting more of the rest of the few to pledge their money to the trust, and yet by the sound of it they've on'y got about 1200-1400 pledges, ie less than £150,000 cash. Really pathetic in every sense of the word. Link to comment Share on other sites More sharing options...
Matthew Le God Posted 10 May, 2012 Share Posted 10 May, 2012 The guy from the trust is claiming on line that the club is for sale and the asking price is 1 pound. If that is true, wouldn't the creditors would be better off voting against the CVA and the club being liquidated? Link to comment Share on other sites More sharing options...
Joe Kirkup Posted 10 May, 2012 Share Posted 10 May, 2012 When businesses are sold/bought for a nominal £1 the buyer also takes on the debt. They are all very confused aren't they. Link to comment Share on other sites More sharing options...
Torres Posted 10 May, 2012 Share Posted 10 May, 2012 Everybody would, MLG. Link to comment Share on other sites More sharing options...
Sevvy Posted 10 May, 2012 Share Posted 10 May, 2012 71vagabondThursday, May 10, 2012 at 01:26 PM My experiences of Administrators (quite a number) haven't changed. I hasten to add, only buying from them. They move in, make all the easy pruning of staff and costs (subject to TUPE ruling, that prevents a cull beyond a certain number before redundancy and notice becomes due). Make sure the due diligence is done, as far as their fees being paid are concerned, then either have a buyer in mind for a quick sale and if not start factoring monies due at a % of their value and sell off assets at prices not far off liquidation value anyway. 'Ring any bells' We were rightly keen to see the back of the 'Greek bearing gifts' and all the lessons we can learn from their 'economic prowess' but I'm afraid we've ushered in 'Trevor the Tame'....there's nothing that's been achieved in this administration that a senior accounts clerk couldn't have managed. When you're in Admin it's obvious you have an urgent need for cash but only on the back of proving to court there is adequate funding to carry out due process. Given that process normally has a sensible time allowance granted, there needs to be a sensible strategy and a realistic timeframe to work to. For my part I'm of the opinion that when we start to trumpet 'frustrated by slow Fratton firesale' coming swiftly on the tail of selling on our 'prize playing asset' at what might be deemed to be a third of his market value we are entering the Liquidation zone without the announcement....after all don't 'Firesales' herald in 'Closing Down' versions? Now I'm confused........ At the same time we hear 'We will continue to use our sources in an attempt to find a buyer'....simple who's been introduced? 'We have ongoing dialogue with the FL about the way we can work together'....would that be the guy who described Pompey as a basket case and requiring vast sums of money to be saved' then? That makes me feel better. No the truth is we're trying to climb a glacier and the frustration of lack of fire sale income is simply because we're now spending more money than before despite the 'cuts' due to the return of high wage earners, who have no incentive to leave and or cancel their contracts and the escalating 'admin fees' that are probably twice what we got paid for Jason Pearce. This is now a farce beyond 'West End' bill boarding and somebody needs to come to their senses before things get worse. We've got our history and we've had some very happy days in the sunshine....they are banked and can't be sold (lock the trophy cabinet).....make a statement of intent. The club WILL be liquidated say by May 31st if and unless a bid is made, which is acceptable....not by anybody's desirable valuation but in comparison to what will be achieved in liquidation....that will focus attention from any interested party whilst giving say the 'Trust' an opportunity to plan for an undesirable I know but nevertheless almost inevitable outcome, ( in fact one of the options of reforming a new club has already been nullified by this continuous cock up) with the exception of BC making a move, as unpalatable as that is, we at least stand to mount a further and more robust bid to BC if necessary further down the road. The situation is beyond any sensible level of control or commercial candidness and more time will only serve to continue to rack up more unsustainable costs whilst being lumbered with the unsaleable and expensive assets. Call it and call it now! To reach a port we must sail and not drift. Report Unsuitable Now this guy talks a lot of sense Link to comment Share on other sites More sharing options...
Ohio Saint Posted 10 May, 2012 Share Posted 10 May, 2012 Now this guy talks a lot of sense But sadly, does not know what a paragraph is. Link to comment Share on other sites More sharing options...
TopGun Posted 10 May, 2012 Share Posted 10 May, 2012 But sadly, does not know what a paragraph is. The News does not let posters use paragraphs... Link to comment Share on other sites More sharing options...
Ohio Saint Posted 10 May, 2012 Share Posted 10 May, 2012 The News does not let posters use paragraphs... I hope they let them use condoms. Link to comment Share on other sites More sharing options...
latter day saint Posted 10 May, 2012 Share Posted 10 May, 2012 But sadly, does not know what a paragraph is. is he a skate relative of Franks Cousin ? Link to comment Share on other sites More sharing options...
tony13579 Posted 10 May, 2012 Share Posted 10 May, 2012 (edited) ... Edited 10 May, 2012 by tony13579 Link to comment Share on other sites More sharing options...
70's Mike Posted 10 May, 2012 Share Posted 10 May, 2012 I hope they let them use condoms. not necessary in the pompey family Link to comment Share on other sites More sharing options...
dronskisaint Posted 10 May, 2012 Share Posted 10 May, 2012 Wedding packages available at Notarf! http://www.portsmouthfc.co.uk/LatestNews/news/Wedding-Days-2627.aspx Are they not already inter-related? Link to comment Share on other sites More sharing options...
Ohio Saint Posted 10 May, 2012 Share Posted 10 May, 2012 Are they not already inter-related? I was assuming it would be a mass wedding. get them all in one place at the same time and marry them all together. One big happy family (12 fingers each) Link to comment Share on other sites More sharing options...
FloridaMarlin Posted 10 May, 2012 Share Posted 10 May, 2012 According to reports, Big Fat Sam is about to swoop down like a greedy vulture and pluck Paul Robinson away from Blackburn. Now that raises some interesting questions. If he signs Robinson it could leave him with four goalkeepers to pick from, Green, Henderson, Robinson and Sam Cowler. Does it mean a) that Robinson would be his number one, leaving a miffed Green keen to get away? b) that Cowler, a promising 19-year-old academy product, would be shown the door? c) that Robinson, Green and Henderson would all be competing for the first-team jersey (a very healthy, if expensive, situation for BFS)? d) that he would prefer to have Green and Robinson competing for a place, in which case Henderson would be surplus to requirements? If so, is that proof that Henderson's signing was purely a ruse to keep p****y going so Wet Sham didn't lose the points? e) that somehow, Wet Sham find a little legal loophole whereby they do not go through with the purchase of Henderson, but send him to hoover up more wages at p****y. All this, of course, is on the presumption that Wet Sham beat Blackpool in the play-off final, something I'm by no means convinced they'll do. Link to comment Share on other sites More sharing options...
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