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Pompey Takeover Saga


Fitzhugh Fella

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@pn_neil_allen: Here's the link. Another low with charity money kept. This time on David Lampitt's watch. http://t.co/4DTMCgka #Pompey

 

@pn_neil_allen: Lampitt's defence to this latest debacle. http://t.co/rBiYp3tq #Pompey

 

And that ladies and gents is how you become community club of the year!

 

Incredible, and the second instance under a different ceo, different owners and different insolvencies... the staff will remain the same so additional shame on them.

 

The fact that we have raised £1m, £1,000,000 through the Saints foundation whilst they are conning partner charities out of a few hundred quid really illustrates how far apart we are. We evolve, grow and prosper... they stagnate, steal, stink and devolve.

 

Staggering really, I imagine Lampitt simply bunged the bucket collections in his boot and headed towards Hornton Heath.

 

The problem here is that PFC (whichever version) seems to treat charity money collected from fans as just another source of both income and outgoings, and so is taking it through the club washing machine, when it should be completely ring-fenced.

 

Disgrace.

 

Whilst the childrens cancer charities still wait for a penny from CVA MKI (2010), pompey continue to take on loanees from man city, feed them and house them... technically skates can claim they have paid the charities as they are included as small unsecured creditors which signed off andrew andronikous cva.

 

In reality though, as all creditors from that administration, are yet to see a penny and trevor is now telling us that cva will now never be honoured and they will be lumped in a % of a % of CVA MKII (if they are lucky)...absolutely sickening.

 

Remember, if you ever read about pompey doing any community work, bringing cancer ridden children onto the pitch and handing them jumbo cheques, or any other initiative that looks decent = pompey will trouser the cash, f*ck the charities over then brush it all aside with some flippant remarks in a local rag by the ex-ceo...

 

P1040598.JPG

 

FFS, just shut them down, NOW.

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That's pretty poor right there and surprised the media have not picked up on it. Taking money that was donated with the intention of helping a charity is disgusting. For that thought to even cross their mind says what kind of people they are. No different from stealing one of those charity money pots you see in shops.

 

I actually hope they go under now as they will keep doing stuff like that if allowed to continue.

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Well here is the response I got from the FL have e-mailed them this morning with the links to the latest rip off of local charities. It is just about what I expected in that they don't seem to care one bit.

 

Thank you for your email.

 

The Football League Community Club of the Year award nominations are shortlisted after a review of all submissions is made by a panel of judges. These judges are made up from various sports industry and sports business/media personnel. A full list of judges can be viewed here http://www.football-league.co.uk/footballeagueawards/20120207/judges-2012_2293339_2315323.

 

You can read more about the Pompey Sports & Education Foundation and the work they do here http://www.portsmouthfc.co.uk/community.aspx.

 

The Family Award is again voted for and decided by a judging panel. We also might add that neither award has anything to do with club finances or spending, rather they are a reflection of the advocacy of families that visit the club and the work that the club has done to engage with supporters via a number of matchday events and activities.

 

Thank you for contacting The Football League.

 

Regards,

 

 

Andrew Pomfret

Customer Services Officer

The Football League Limited

Email - enquiries@football-league.co.uk

http://www.football-league.co.uk

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"rather they are a reflection of the advocacy of families that visit the club and the work that the club has done to engage with supporters via a number of matchday events and activities."

 

Activities like raising money for charity for example?

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100% truthfully, if that were my club, I'd want them punished for it.

 

If you're collecting for charity, your financial position is completely irrelevant. They should never be a creditor FFS, that money should be heading directly to them, every penny, with no problems. What PFC have done is theft pure and simple. Amazed at how little it gets reported and that any sympathy remains, it's fcking disgusting.

 

I can understand that sort of thing happening the first time around.

 

BUT

 

Considering the storm that created first time AND considering the efforts that many of their real fans went to in order to pay much of that off, the FACT that it was allowed to happen again is really really astonishing.

 

Oh how we were mocked.

 

Oh how us nut jobs kept pointing out THINGS WERE NOT RIGHT

 

Oh how we had the Head of Compliance rubbed in our faces.

 

This deserves to be the final straw.

 

DFCSB's should now be a term forever associated by EVERY football fan in the world with that stain on humanity.

 

Start Tweeting Miss Sillycow everyone & her boss Camoron - You believe something like THIS should be SAVED?

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On a more positive note - this means the Trust are only £660K short against an investment target of £5-8M.

 

Referring to the 335 they have conned since the latest plea for another 1000 pledges.

 

Im struggling with the figures, is that £660k short of £5m or £660k short of £8m? I like the ambiguity, it suits the pst vague smokescreen approach - that little sentence just made £3m swing seem utterly irrelevant!

 

Still that is how the trust operate, lies and spin which would make the charity swindler Lampitt blush... in reality they have £135k in the bag, but the spin suggests as much as £7.4 million!

 

(and thats before those of us pledgees that will fail to follow through with the £900, take the £2.50 hit and walk away)

 

http://www.dailyecho.co.uk/sport/9701495.Survival_fight_set_to____go_down_to_the_wire____for_Pompey/

 

I think this quote is far more revealing:

 

If the administrator is forced to move to liquidation we would still hope to be in a position to rescue the club from the liquidators and start a new Portsmouth Football Club, hopefully still at Fratton Park, but playing lower down the league tier initially.

 

We hope to offer a safety net if all else fails.

 

Like Lampitt lies to charities, the trust are lying to their people and community!

 

That quote screams only one thing to me...

 

Moneyfieldsclub.jpg

 

shalala

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Well here is the response I got from the FL have e-mailed them this morning with the links to the latest rip off of local charities. It is just about what I expected in that they don't seem to care one bit.

 

We also might add that neither award has anything to do with club finances or spending, rather they are a reflection of the advocacy of families that visit the club and the work that the club has done to engage with supporters via a number of matchday events and activities.

 

Thank you for contacting The Football League.

 

Regards,

 

 

Andrew Pomfret

Customer Services Officer

The Football League Limited

Email - enquiries@football-league.co.uk

http://www.football-league.co.uk

 

Did you remind them that they were also nominated for "community club of the year" 2012?

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I remember how Corpse used to come on here everytime someone hinted that they might not be able to afford their transfers, clearly stating how all pompeys finances were revewed by the football league.... so are the FL to blame for the charity fiasco?

 

Maybe its another questions for the football league

 

Dear Football league

 

You will no doubt by now be aware that Portsmouth Football Club 2010 Ltd (yes those plucky souls in administration for a second time in 2 years) have recently revealed that just as in the first instance of administration, the 2012 FL Chapionship Community club of the Year award winners have collected monies from the public for charities and through 'clerical errors' have had these absorbed in to their large pit of debt, in effect using the charity monies to contribute to paying their players on premiership wages.

 

Now in the grand scheme of things this would not normally be an issue for the FL, however some of Portsmouth's plucky fans, who have throughout this sorry episode remained steadfast in that the club has done nothing wrong, have PUBLICALLY stated that all financial transactions during 2010-2012 were subject to the scrutiny of the FL league, thus implicating the good name of the FL in the cheating of the charities. I am sure the FL will wish to clarify its involvement in the financial oversight of Portsmouth Football Club 2010 Ltd to avoid any confusion in this matter, which is why I am bringing this to your attention now, especially as the FL', former head of compliance was the CEO at the club during which this financial oversight occured.

 

Otherwise from the outside, the perception might exist that the FL are happy with the situation. Indeed, given the current rules governing footballing creditors, the FL may find itself in the slightly embarrassing situation where Portsmouth Football Club 2010 Ltd conveniently deflect the bad Public Relations for non payment of the charities (did I mention for a second time in two years), to the FL, stating that they could not pay the charities monies owed as the FL insist the that players on £25,000 per week who have deferred 25% of their wages, be paid first... afterall they must need it as having to live on £18,000 per week must have been a struggle. Would the FL care to comment?

 

Yours sincerely

 

FC

Edited by Frank's cousin
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I think that this trust thing might work out, I mean all they have to do is:

 


    hope Chainrai accepts that his secured debt will be mainly converted to unsecured debt and have some way to pay the principal and interest back to him


    hope that the unsecured creditors, including Baker Tilly, HMRC, Gaydamak, Chinny agree to a CVA


    hope the amount of money that they raise is a better deal than selling the ground to a property developer


    convert the pledges into real money


    persuade all of the overpaid 'stars' to voluntarily accept a massive pay cut or tear up their contracts despite being, in effect, preferential creditors


    fund any losses that accrue over the next season

 

 

Easy!

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Apparently Penny's helping introduce a private bill on Transparency Football Finance, inc reform of creditors rule.

 

Should be fun seeing how far that gets.

 

To be fair to Penny she has been the most effective right-winger that the skates have had all season.

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Will we ever know the real reason why the Head of Integrity at the FA, choose to move from a cosy desk job to take the job at Fratton Park ??

 

Apparently it's easier to steal from charities if you're chairman of Cheats FC than if you're Head of Integrity at the FA.

 

Anyway, we shouldn't be surprised by this. After all, the cesspit of a club was running for over 6 months on money stolen from Lithuanian pension accounts, has stolen from charities before, has lied to the court about being solvent, has cheated with having players they couldn't afford, has racked up hundreds of millions in debt without any intention of paying it back, etc. etc.

 

DFCSBs

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when you step away from the 1247 pages and look at this in the cold light of day, it's absolutely fricking disgusting.

 

How any business could be allowed to do this is beyond me.

And as for the cast of characters who sanctioned it over the last few years.....they should hang their heads in shame, as should any fans who ignored the obvious - but that's not all of them.

 

How do you sleep knowing that you have just taken charity money and used it to pay Ben Haim, or booked a mini-break to Gibraltar?

And that's not the worse bit.

 

They couldn't pay the British Legion or the Rainbow Centre, but they could pay for extra signings to come down from West Brom and Derby - and they weren't dining on fricking squirrels, they had their greedy snouts in the Holiday Inn trough.

 

All of which was clearly an attempt to gain a sporting advantage through theft from charities. :scared:

 

The club has become a festering wart on the ar$e of football, no wonder the FL and FA are trying to pretend it hasn't happened.

Again.

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Apparently Penny's helping introduce a private bill on Transparency Football Finance, inc reform of creditors rule.

 

Should be fun seeing how far that gets.

great, we'll be able to see in real time the sport England cash, tax and charity money being spent on TBH's wages.
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I wonder what the big mouth MP makes of this, has anyone got her email address?
she's on twitter. I've flagged it up and she glossed over it preferring to focus on publicising her part in this bill.
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I remember how Corpse used to come on here everytime someone hinted that they might not be able to afford their transfers, clearly stating how all pompeys finances were revewed by the football league.... so are the FL to blame for the charity fiasco?

 

Maybe its another questions for the football league

 

Dear Football league

 

You will no doubt by now be aware that Portsmouth Football Club 2010 Ltd (yes those plucky souls in administration for a second time in 2 years) have recently revealed that just as in the first instance of administration, the 2012 FL Chapionship Community club of the Year award winners have collected monies from the public for charities and through 'clerical errors' have had these absorbed in to their large pit of debt, in effect using the charity monies to contribute to paying their players on premiership wages.

 

Now in the grand scheme of things this would not normally be an issue for the FL, however some of Portsmouth's plucky fans, who have throughout this sorry episode remained steadfast in that the club has done nothing wrong, have PUBLICALLY stated that all financial transactions during 2010-2012 were subject to the scrutiny of the FL league, thus implicating the good name of the FL in the cheating of the charities. I am sure the FL will wish to clarify its involvement in the financial oversight of Portsmouth Football Club 2010 Ltd to avoid any confusion in this matter, which is why I am bringing this to your attention now, especially as the FL', former head of compliance was the CEO at the club during which this financial oversight occured.

 

Otherwise from the outside, the perception might exist that the FL are happy with the situation. Indeed, given the current rules governing footballing creditors, the FL may find itself in the slightly embarrassing situation where Portsmouth Football Club 2010 Ltd conveniently deflect the bad Public Relations for non payment of the charities (did I mention for a second time in two years), to the FL, stating that they could not pay the charities monies owed as the FL insist the that players on £25,000 per week who have deferred 25% of their wages, be paid first... afterall they must need it as having to live on £18,000 per week must have been a struggle. Would the FL care to comment?

 

Yours sincerely

 

FC

 

Have sent to Football League

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Originally Posted by Frank's cousin

 

I remember how Corpse used to come on here everytime someone hinted that they might not be able to afford their transfers, clearly stating how all pompeys finances were revewed by the football league.... so are the FL to blame for the charity fiasco?

 

Maybe its another questions for the football league

 

Dear Football league

 

You will no doubt by now be aware that Portsmouth Football Club 2010 Ltd (yes those plucky souls in administration for a second time in 2 years) have recently revealed that just as in the first instance of administration, the 2012 FL Chapionship Community club of the Year award winners have collected monies from the public for charities and through 'clerical errors' have had these absorbed in to their large pit of debt, in effect using the charity monies to contribute to paying their players on premiership wages.

 

Now in the grand scheme of things this would not normally be an issue for the FL, however some of Portsmouth's plucky fans, who have throughout this sorry episode remained steadfast in that the club has done nothing wrong, have PUBLICALLY stated that all financial transactions during 2010-2012 were subject to the scrutiny of the FL league, thus implicating the good name of the FL in the cheating of the charities. I am sure the FL will wish to clarify its involvement in the financial oversight of Portsmouth Football Club 2010 Ltd to avoid any confusion in this matter, which is why I am bringing this to your attention now, especially as the FL', former head of compliance was the CEO at the club during which this financial oversight occured.

 

Otherwise from the outside, the perception might exist that the FL are happy with the situation. Indeed, given the current rules governing footballing creditors, the FL may find itself in the slightly embarrassing situation where Portsmouth Football Club 2010 Ltd conveniently deflect the bad Public Relations for non payment of the charities (did I mention for a second time in two years), to the FL, stating that they could not pay the charities monies owed as the FL insist the that players on £25,000 per week who have deferred 25% of their wages, be paid first... afterall they must need it as having to live on £18,000 per week must have been a struggle. Would the FL care to comment?

 

Yours sincerely

 

FC

 

Good letter exept Lampitt was head of Integrity at the FA not Football League

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If they can sign up half a dozen more charities, they'll solve their cashflow shortage for the player's wages next season.

 

The problem is that as long as I've been following Saints (almost 40 years) they have always been small time, bent, prone to major f**k ups and an embarrassment to the footballing world.

 

Even their brief hiatus above us in recent years was tainted by administrations, not paying charities, scandals & gaffes.

 

BUT using money collected on behalf of charities to fund the playing side is the lowest of the low. An absolute disgrace that will taint their club for years to come.

 

When Portsmuff first came on to my radar in my earlier supporting years, they were an absolute joke and a complete irrelevance. I remember getting some stick at a Sussex holiday camp as a kid, but they honestly didn't even register with me. We were flying high, whilst they were a shambles back then. I was more interested in Spurs, Brighton(!!), Liverpool and Man Utd.

 

And for most of my Saints supporting years it has been that way, normal service has resumed and 40 years on Portsmuff are still a shambles and a complete joke of an outfit.

 

TICK TOCK

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Without a doubt Lampitt should pay the cash himself. It was on his watch and he drew his massive wages at that time, some of which belonged to the charities.

Iam sure that the majority of Pompey fans would be ashamed of how their club have acted on this, some will blame others of course, but like all clubs fans there is a large percentage of morons.

I have been away a week and wonder if anyone can tell me who has left them and if they would have got a fee. i looked back quite a few pages on here and couldnt see any mention. Thanks

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I have contacted all the major newspapers about this, but a league 1 club are not going to get much press, but surprised the BBC did not pick up on it. Cannot find contact for them though.

 

 

Don't forget the Daily Echo and P'muff News, I'm sure they would run it

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I wouldn't be surprised if this info has been released to smooth the way for liquidation. Even the most die hard skate must find the way they treat charities disgusting.

 

It doesn't matter how skint the club is or if it's in administration - there is no defence for stealing money from charities, especially as they did it last time.

 

They just need to be shut down now.

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Without a doubt Lampitt should pay the cash himself. It was on his watch and he drew his massive wages at that time, some of which belonged to the charities.

Iam sure that the majority of Pompey fans would be ashamed of how their club have acted on this, some will blame others of course, but like all clubs fans there is a large percentage of morons.

I have been away a week and wonder if anyone can tell me who has left them and if they would have got a fee. i looked back quite a few pages on here and couldnt see any mention. Thanks

 

pearce to Leeds for about 50 quid

 

All the loanees have come back apart from the bench warmer at wet sham but they could be after Robinson so he may not get a move after all

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Apparently it's easier to steal from charities if you're chairman of Cheats FC than if you're Head of Integrity at the FA.

 

Anyway, we shouldn't be surprised by this. After all, the cesspit of a club was running for over 6 months on money stolen from Lithuanian pension accounts, has stolen from charities before, has lied to the court about being solvent, has cheated with having players they couldn't afford, has racked up hundreds of millions in debt without any intention of paying it back, etc. etc.

 

DFCSBs

 

You have to wonder what Hampshire Constabulary are doing? Trading whilst insolvent, lying in the court, collecting charity monies and then putting in your own bank account, ordering goods and services with no intent of paying the bill. There has to be a few good criminal acts there? Not to mention the tax issues.

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You have to wonder what Hampshire Constabulary are doing? Trading whilst insolvent, lying in the court, collecting charity monies and then putting in your own bank account, ordering goods and services with no intent of paying the bill. There has to be a few good criminal acts there? Not to mention the tax issues.

 

They were taking money off of people claiming it was to be passed on to charities, but instead spent it on the playing side. Disgraceful, and as you say potentially fraudulent to boot.

 

And look at the timeline.

 

Money was being pocketed in October 2011, yet they went in to administration over four months later. They were clearly trading insolvently.

 

Shameful

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It really is time to shut the DFSCB's down. Serial cheats stealing money from charities, caught a second time in 2 years!

The main question for me is what the hell the former head of INTEGRITY was doing while this was going on. Lampitt should be made to answer for this.

Still the way the skates operate its just another illegal revenue stream for them.

Insolvent, stealing from charities, but family club of the year? Nothing with this club add's up or has added up for years!

end this farce now Birch it's just embarrassing.

Edited by Under Weststand
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So clock watchers how many days do the trust have left?

 

To convert the pledges into hard cash?

 

SURELY TB is not going to go to the Creditors with just PLEDGES?

 

IF end of May is really the time to live or die, the Trust have only got 18 days to turn those pledges into REAL cash.

 

So, considering many have loans involved, has ANYONE bothered to start sending out the paperwork? Let's assume 3 days for a cheque to clear, 3 days for paperwork & credit checks to be completed. They have 12 days left.

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