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Pompey Takeover Saga

Fitzhugh Fella

By Fitzhugh Fella,
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TopGun

TopGun

Posted
Posted
Can you experts enlighten me please!

 

1) What are the chances of the Skates meeting the criteria for entry to League 1 then?

 

2) Is there enough pp money coming to pay off all the people the FL want paid?

 

3) What time-frame do they have to achieve this?

 

They appear 'snookered' to me. Happy days.

 

The footballing debt would appear to be about £10m and the secured debt £1m (after the CVA write downs). The outstanding PP money is £14m.

 

So Chainrai has to decide whether to push on for £3m at present which will reduce as ongoing costs occur or wait for liquidation and claim security (i.e. ownership) over Fratton Park.

 

I think that's right. Any other views?

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dubai_phil

dubai_phil

Posted
Posted
No one expects the Pompey Takeover Thread.

 

Quality - one of the bet one line descriptions of the nutjobs yet

 

I've had a PST committee member tell me they didn't question CSI spending, despite alarm bells, as they didn't want to be seen as rocking the boat.

 

Next they will say, we didn't think we needed to ask questions. Our brothers on PTS were doing all the work for us

 

Can you experts enlighten me please!

 

1) What are the chances of the Skates meeting the criteria for entry to League 1 then? Right now? Zero

 

2) Is there enough pp money coming to pay off all the people the FL want paid? Yes, that is the clever bit. It means that Chinny has a gaping hole to risk even more money into, he's owed 18mil, IF he takes over he may have 3mil left from the PP's but the FL just slammed the door in his face, his ONLY chance to get his money back is to create a PROPER football club that makes him a profit. We all know what it was like being run for profit under Rupert, hell even IF he saves them he could bleed them dry for YEARS

 

3) What time-frame do they have to achieve this? 23rd July - 10 days

 

They appear 'snookered' to me. Happy days.

 

It's Hopfest this weekend in Dubai. Our annual Beer Festival.

 

We've gathered the massive together for our big pre-Ramadan night out on Saturday (they have 14 bottled English Ales & THREE draught real ales. Suffice to say that we will raise a

 

TOAST

 

to pcfc

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positivepete

positivepete

Posted
Posted

Woken up on the other side of the world to this great news. The FL were always going to act, it was the timing that was the issue, they did not want to be seen to be responsible for killing off the club. So why today? What made them finally run out of patience? Answers on a post card, let us rejoice, Friday 13th!

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dubai_phil

dubai_phil

Posted
Posted

OK gloating aside for a moment.

 

I just want to express my sympathies to Mack & Mero & the lads down Deacons. They are real football fans and in some ways they don't deserve all this.

 

However, I would point out that they DID have the chance to create a Pheonix club a year ago, before CSI, they would have had a great season and they would have started to build some respect amongst other fans. It should be to their eternal shame that they didn't bother. Yes they moan now about it not being their fault, BUT they had that window, they had that chance. Now they have the two worst words in the English language.

 

If Only

 

So sympathy not anything more, you should have at least TRIED, then we could believe some of the Blame Culture

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dubai_phil

dubai_phil

Posted
Posted
Screw that. I'm just gonna gloat. :D

 

Hey. it was only a moment.

 

At Old Trafford this week for the England v Aus ODI it was 13C which was colder than Christmas Day.

 

The Met office thought this was a record until they recorded -10 in pompey today

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hutch

hutch

Posted
Posted
Can you experts enlighten me please!

 

1) What are the chances of the Skates meeting the criteria for entry to League 1 then?

 

2) Is there enough pp money coming to pay off all the people the FL want paid?

 

3) What time-frame do they have to achieve this?

 

They appear 'snookered' to me. Happy days.

And alternative pre-Ramadan answer to Phil's:

 

 

1) Very slim

 

2) Yes

 

3) None. At the moment it's clear they are NOT in League 1 next season. Given the detail & thought that went into today's announcement, the FL have a contingency plan, and the alternative ”club24” know who they are.

 

”and for those watching in black and white, the blue is the one behind the 15 reds”

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dubai_phil

dubai_phil

Posted
Posted
And alternative pre-Ramadan answer to Phil's:

 

 

1) Very slim

 

2) Yes

 

3) None. At the moment it's clear they are NOT in League 1 next season. Given the detail & thought that went into today's announcement, the FL have a contingency plan, and the alternative ”club24” know who they are.

 

”and for those watching in black and white, the blue is the one behind the 15 reds”

 

That actually is a very good point

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dubai_phil

dubai_phil

Posted
Posted
And alternative pre-Ramadan answer to Phil's:

 

 

1) Very slim

 

2) Yes

 

3) None. At the moment it's clear they are NOT in League 1 next season. Given the detail & thought that went into today's announcement, the FL have a contingency plan, and the alternative ”club24” know who they are.

 

”and for those watching in black and white, the blue is the one behind the 15 reds”

 

Oh alright. the To Hell with Ramadan answer

 

1) No Hope

2) Bob Hope

3) Envelope

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Torres

Torres

Posted
Posted
Pompey Toaster @PompeyToaster

So @pn_neil_allen - you never, ever said there'd be no further deduction? Answer carefully...

 

Neil Allen @pn_neil_allen

 

@PompeyToaster @colinfarmery Good point Colin. I'm going to revoke his permit.

in reply to @PompeyToaster

 

Someone else who questions the numpty gets blocked...

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Ohio Saint

Ohio Saint

Posted
Posted
Thats the spirit Ohio shows you are a true (blue) scummer, cos if the old boot was on the other foot :D

 

It was!! Not very long ago either! If I remember correctly, there was a lot of gloating going on at the pikey end of the M27 back then. :)

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buctootim

buctootim

Posted
Posted
Can't see Chanrai buying them now, those conditions look designed to stop his little game. They are f*cked, you get the feeling any day now we could get the good news.

 

Agree. Can only see Chanrai getting control of FP, lumping it in the Gaydamak land (what a total coincidence the admin of his company have suggested this just a couple of days ago) and having a nice big building site that doesnt include a football stadium.

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Ampersound

Ampersound

Posted
Posted

Great news and I've spent all evening reading this thread with a smug grin.

 

After a morning of abuse from my Pompey supporting colleagues today about claus's alleged naughtiness I look forward to work tomorrow. The only problem will be the skatriotics (as I like to call them) will be turning up to work tomorrow in their Pompey kits like normal the day after they get bad news.

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pedg

pedg

Posted
Posted

http://www.mirror.co.uk/sport/football/news/pompey-crisis-four-years-after-1141253

 

But League sources insisted the time had come for a line to be drawn in the south coast sand.

"It's either a 10-point deduction and the conditions we have demanded, or oblivion," said a League insider. "Of course it's tough and we understand those who say this action is unfair on the Portsmouth fans.

"To not do this would be unfair on the fans of the other 71 clubs in the Football League. And we have a duty of care and obligation to them as well."

 

By jove I do believe they have got it.

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rallyboy

rallyboy

Posted
Posted

while some of you are feeling smug, let's dish out some blame...the nominations for who did the most damage to plucky old pompey -

 

Mandaric - started the ball rolling with over-inflated contracts followed by legging it when the writing was on the wall, and he sold to lunatics.

Promised a stadium, knocked down a shed. Skate hero rating, 9.

 

Storrie - Pete me old mucker, was at the helm of the train crash when it really jumped the rails - dished out more ridiculous contracts than Avram used johnnies. Didn't kill anyone but was found next to the body with a knife in his hand so many times it got silly. Skate hero rating, was once 10, now about 2. Mush.

 

Arry - bled the club dry, imposed crazy transfer policy that seemed to benefit him more than the club, legged it at first sound of sirens. Skate hero rating, was 10, now 0.

 

Gaydamak - maimed children for a living, never spoke, his ownership was illegal from day one. Skate hero rating - see Arry.

 

Al Fahim - sold many cornettos and mini milks, refused to wear an XXXL, may well be the only person who ever actually put some money in, even though he was a potless fantasist, did pop up again when he saw the recent selling price. Skate hero rating 3.

 

Al Faraj - didn't rip the fans off, didn't sign anyone on ludicrous contracts, didn't steal from charities, didn't exist. Not on the pitch long enough to judge - in fact was never on the pitch.

 

CSI - were revealed as criminals on here within one minute of appearing, to everyone's surprise down east, they later turned out to be criminals. Skate hero rating - see Arry.

 

Chanrai - loaned money at crazy rate for personal gain all dressed up as a friendly businessman helping out, covered himself by securing anything not nailed down, never quite fell in love with the club, seems to have come a cropper. Skate hero rating - never that popular, anything between 0 and 6.

 

AA - Chinny paid cash, AA danced like a little puppet. Pulled some cracking stunts along the way, signed some nice photos. Skate hero rating - 10 when signing autographs, about 1 when representing CSI.

 

Birch - has told them what they want to hear at every turn, Skate hero rating - about 1 after today.

 

Lampitt - truly woeful performance in every department, worryingly inept, Skate hero rating, was 9, currently 0.

 

Grant - set a new record for consecutive defeats, made an awful speech, poked little Avram in some crack addicts and asked his wife to say it was okay. We couldn't take his spirit but we also could watch him relegate two clubs quicker than he could drop his baggy Y-fronts behind an oil tank, an appalling record as coach and husband, Skate hero rating 10.

 

Cotterill - the coaching genius who kept them up against the plucky odds, thought his side should have won every game, really odd interviews, terrible record, suicidal transfer policy, Skate hero rating, 10 the day before he left, 1 the following morning.

 

UnAppy - poor record as a manager, talked sense early doors but has bought in to the spin and delusion of late, has a holiday in Gibraltar to look forward to, Skate hero rating 10.

 

The Players - were offered crazy deals, couldn't resist and why should they, Skate hero rating, was 10 during loyal plucky January non-transfer window, about 1 now.

 

The fans - if we put aside the laughable claims and bear in mind there are several levels of delusion/sense, they have stood around in numbers and applauded every raping, and they still distance themselves from all woes, yet they give themselves a 10...

 

The football authorities - dished out nasty penalties, didn't stop them getting into bed with criminals, told refs to give decisions against them, etc, yawn. Skate hero rating 0.

 

The PTS thread - nutjobs claiming to be experts, have called a lot of things right, and some things wrong, have annoyed many Skates, and the league got so fed up they took action - best moments, too many Ho ones to list, and when one of their own said they were all nutjobs and the thread was over bang in the middle of a pompey crisis - he knows who he is, and so do we!

No rating on the Skate hero-meter.

 

Did I miss anyone? -there were other supporting roles but I think that's the ones that did the main damage, up to this point.

 

 

So as a personal choice, I would suggest that few pompey staff escape criticism but if I was looking at who has damaged the club the most, I would go for Storrie and Arry as a team, but the club might have been in much better shape had Lampitt not chucked it over a second cliff.

In fact, the man who gave out contracts that could never be honoured, oversaw the theft from charities and welcomed organised crime with open arms must be up for the top award.

 

I would love to give thanks to all of the above as they have all damaged pfc, but for me, Lampitt is the man who found a seriously injured dog in the street and instead of calling a vet, he held it so Avram could have a go, then he shot it in the face, using stolen firearms.

Step up Mr Integrity, and don't forget to register your wages above the charity cash en route - we can't have those pesky wheelchair kids keeping your snout out of the trough.

 

 

Hindsight is a great thing.

 

Who could have realised that having outgoings that dwarf your income, trading insolvently, pursuing a suicidal transfer policy, taking money from loan sharks, doing business with arms dealers, or getting in bed with the mafia could end in tears.

If only there had been some clues.

You have to feel sorry for them, especially after they've been so nice to us.

 

God bless the FL.

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ooh it's a corner

ooh it's a corner

Posted
Posted

Who do you think you are kidding Balram Chanrai,

If you think we're on the run?

We're the FL who will stop your little game.

We're the FL who will make you think again.

'Cause who do you think you are kidding Mr Chanrai,

If you think you're in League One?

 

Trevor Birch goes off to town, with briefcase and a pen,

When he gets home this ev'ning,

He'll find Pompey's minus ten.

'Cause who do you think you are kidding Mr Chanrai,

If you think you're in League One?

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suewhistle

suewhistle

Posted
Posted
OK gloating aside for a moment.

 

I just want to express my sympathies to Mack & Mero & the lads down Deacons. They are real football fans and in some ways they don't deserve all this.

 

Yep, I'd agree.. But it's a bit hard to expect them to beat their heads against a brick wall trying to persuade their mates..

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trousers

trousers

Posted
Posted

Alan Knight just on TalkSport. He gets it....

 

Said the cup runs and flirting with the top half of the premier league weren't worth the over spending gamble and thought that it could be considered fortunate that they only got -10 points this time around....

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Saint J 77

Saint J 77

Posted
Posted
Alan Knight just on TalkSport. He gets it....

 

Said the cup runs and flirting with the top half of the premier league weren't worth the over spending gamble and thought that it could be considered fortunate that they only got -10 points this time around....

 

A Skate talking sense, whatever next? :)

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hypochondriac

hypochondriac

Posted
Posted

Am astoundingly deluded post from pompeyonline:

 

I am wondering really if the FL and the SFA are really doing British football any good? Rightly clubs should be punished for not adhering to the rules, but isn't the latest farcical decision from the FL a case of double jeopardy? How many times can they punish a club with points deduction before it becomes illegal? Look at the clubs that have fallen from grace over recent years, there are enough to form a league of their own and it may well come to that the way thing are going!

I think it's time we all said "F**k the lot of you, do what you want, play your plastic games with your plastic players and your plastic fans but never forget the day when you totally destroyed the game of football. The money will one day run out, then you won't know what the f**k to do, whilst we will still be here, still be strong because we are real, it runs in our blood and not out of our wallets. We can be punished, but we cannot be bought - shove your FL up your backsides, you are not worthy of us anyway.

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hypochondriac

hypochondriac

Posted
Posted (edited)

Messages like this also make me lol:

 

you know what, sod 'em all.

they can do what they like to us and it means nothing, absolutely nothing I tell you.

points deductions? fines? make life hard for us fans and all we will do is get stronger together.

We have always been at our best when we stand alone, staring defiantly into the faces of those that would try to knock us down. So bring it on and let's stop the rot the only way we can. A Blue wall of Defiance.

 

What is the obsession over there with using overly emotive language and being over the top? Can they not see how cringeworthy and embarrassing they sound? It was the same with Avram.

Edited by hypochondriac
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pedg

pedg

Posted
Posted

Just can't read the statement from the FL past the bit where it first mentions the points deduction can they? Going on about how "They don't want us" and "they don't like us" whereas the statement is very clear that the penalty is due to initial CVA being rolled into the new one.

 

Under the new CVA these claims would be further compromised to less than one penny in the pound without creditors having the opportunity to indicate whether they find this acceptable. This is because the claims rest in the liquidation of the previous company and the liquidator of that company has voted to accept the terms of the new CVA.Therefore, the Board were faced with the prospect of numerous unsecured creditors receiving less than one penny in the pound, without having the opportunity to indicate their satisfaction (or otherwise) in the normal way. In the Board’s view, these arrangements do not respect a key principle of The Football League’s Insolvency Policy (as described above in b).

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trousers

trousers

Posted
Posted
I thought a weekend poll might be fun. So here goes:

 

Where will Pompey's squad be on Monday?

 

a Spain

b Gatwick Airport (arguing at the Ryanair check-in)

c Eastleigh

d Nigeria

 

a. Spain

 

....but they'll be detained indefinitely by the Spanish Customs and Excise for failing to pay disembarkation tax

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