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Pompey Takeover Saga


Fitzhugh Fella

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Even if Portpin "agreed" a League One busting budget (before they knew the Football League conditions for taking over ownerhip of the club, don't forget), why on Earth didn't the highly intelligent Appleton or Allen question this at the time?

 

Rather than lap up a statement from someone they know is adept at moving goalposts, why didn't they go back to him and say "£4m? Ha! Yeah right, nice try Mr Chainrai. No way do we want to start splashing out above average wages on players again. Please come back with a more realistic budget"...

 

I don't know what's more laughable....Chainrai for suggesting a £4m budget in the first place or the likes of Allen and Appleton lapping it up without question...

 

I was thinking that - Appy has spent the whole summer courting Championship level players who are not going to be signing rather than League 2/Conference players looking for a few cheap but good signings to build a team around. Bompey proved you can succeed on no cash and a bunch of unknowns, but the Skates considered that beneath them. It just makes his current whining even funnier.

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the way they are being treated is outrageous. :x

 

Chelsea and Man Utd have debts but are allowed to sign players, and why weren't they docked points when they changed owners?

Man City were even protected by the football authorities when they stopped a dodgy bloke taking control, but there's no such help for plucky pompey - it's just not fair.

 

The FL have consistently forced them to have criminal owners yet the authorities take no responsibility and rather than helping the club out, they punish them - twice for the same offence!

 

All pompey want is a level playing field yet the league won't even let them sign player-coaches, or other criminals.

 

The sooner Portsmouth City Council give UnAppy a promotion warchest the better, there are loads of top players who would love to come to fratton because the club is a sleeping giant.

The city will lose hundreds of millions in revenue if they don't support the club now - it might even halt the development of CalaTown, the underwater theme park.

 

The fanbase was proved to be the biggest in the world, and the academy is as good as anything in the UK - if there are any billionaires out there who would like to roll back the years and become millionaires again, pompey is a fantastic opportunity for them to do just that.

 

 

 

Hopefully justice will be done and pompey will be able to once again compete on a level playing field, get out of League One at the first attempt, and finally return to where they belong.

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I was thinking that - Appy has spent the whole summer courting Championship level players who are not going to be signing rather than League 2/Conference players looking for a few cheap but good signings to build a team around. Bompey proved you can succeed on no cash and a bunch of unknowns, but the Skates considered that beneath them. It just makes his current whining even funnier.

But, to be fair, I'm sure it sold a lot more season tickets.

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Far be it for me to comment on whether TB has done a good job or not thus far, but all this furore over PKF's fees is troubling me slightly.

 

His company has a job to do and therefore should be paid for it. His company wouldn't have been needed if previous owners hadn't f*cked them up so much. This is a direct consequence of what went before, and the fans need to accept that.

 

Of course, if PKF were to accept less than the full amount due to them in the course of the administration, say 50% of it, then perhaps they should only do 50% of the job...?

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I think it's clear that there are a few hacked off councillors who voted through the £1.45m possible loan funds to the PST when both the PST and PKF hid the £1.8m fees from them. A charade that lasted two days until Chinny spilt the beans via the press!

 

Quite excellent that Appy is starting to lose the plot in public though. We are witnessing a meltdown.

Edited by TopGun
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Far be it for me to comment on whether TB has done a good job or not thus far, but all this furore over PKF's fees is troubling me slightly.

 

His company has a job to do and therefore should be paid for it. His company wouldn't have been needed if previous owners hadn't f*cked them up so much. This is a direct consequence of what went before, and the fans need to accept that.

 

Of course, if PKF were to accept less than the full amount due to them in the course of the administration, say 50% of it, then perhaps they should only do 50% of the job...?

 

You're forgetting that this is a concept that is completely alien to Portsmouth Football Club.

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They're certainly milking this one today.... anyone would think they were desperate for some sympathy....

 

http://www.portsmouth.co.uk/sport/pompey/pompey-past/appleton-certain-of-relegation-after-budget-cut-1-4158095

 

Michael Appleton has slammed the budget cut that has left him attempting to build a team on a shoestring in a matter of days as he told Portpin: We will be relegated.
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The sooner Portsmouth City Council give UnAppy a promotion warchest the better, there are loads of top players who would love to come to fratton because the club is a sleeping giant.

 

Actually this giant is in deep coma and on full life-support. I hope they remembered to pay the electrical bills!

 

Uh oh :o

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Ironically, from the freeze frame at the beginning it looks like it's going to be an
advert.

 

"I unexpectedly lost over half my player budget and had deffered wage payments coming out of my ears. I didn't know what I was going to do until I spoke to Ocean Finance..."

 

This HAS to happen.

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Far be it for me to comment on whether TB has done a good job or not thus far, but all this furore over PKF's fees is troubling me slightly.

 

His company has a job to do and therefore should be paid for it. His company wouldn't have been needed if previous owners hadn't f*cked them up so much. This is a direct consequence of what went before, and the fans need to accept that.

 

Of course, if PKF were to accept less than the full amount due to them in the course of the administration, say 50% of it, then perhaps they should only do 50% of the job...?[/QUOTE]

 

 

Or have only charged 50% of their "Fees" in the first place .....

 

 

...... Or, better still, why don't they take over the Swamp Infested Cesspit of a Club

 

Why Oh Why did HMRC opt for Birch ???

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Cover keyboard warning.................

 

http://www.thepompeychimes.net/forum/viewtopic.php?f=2&t=69297

 

"The ridiculous, strange, unimaginable stupidity of this situation is, it wasn't even called for," Claridge said. "This is not a football club that supporters were demanding you spend that sort of money, were demanding you buy these types of players.

 

"I was on the train coming home from the FA Cup," Claridge added, "and I was looking at people celebrating, and I was thinking, 'You've got to pay for this somewhere, somehow, and when you do, you are you going to realize this was built on sand, this FA Cup.'"

 

:toppa:

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Even now the ****ing skate ****s still do'nt get it!!!!!!!!!!!

 

"Think Capital One might just have a strong word or two on this subject. The League/FA have now seriously undermined the competition . When the League season starts there will be teams asking if Pompey can field a equally weak team against them as they did against others. Knowing the luck so far Pompey will get fined for fielding a under strength team. Level playing fields , not with us!"

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Pleased to note the BBC have now updated their preview to state :

 

"Portsmouth manager Michael Appleton will be forced to pick from youth and development squad players.

 

Any trialists that have featured for Pompey during pre-season are not allowed to feature, as the club are currently unable to sign new players".

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Dear Mr Appleton

 

I believe that you may be in the market for experienced Professional Footballers who are currently out of contract and available at short notice and who would also be Match Fit.

 

As you and your team have consistently failed to see even the most blindingly obvious, may I take the liberty to point out that through the magical powers which I inherited from my Parents (and Google) I can help you out here.

 

In fact I know of at least TEN CURRENT INTERNATIONAL footballers who are available and within your budget.

 

What is more, these players are in fact RECORD breakers, playing in front of record crowds.

 

As a further gesture of support to our beloved rivals I offer you the benefit of my google skills to provide you with a short list of the very finest, prepared just for you by the BBC

 

http://www.bbc.co.uk/sport/0/olympics/19225364

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Dear Mr Appleton

 

I believe that you may be in the market for experienced Professional Footballers who are currently out of contract and available at short notice and who would also be Match Fit.

 

As you and your team have consistently failed to see even the most blindingly obvious, may I take the liberty to point out that through the magical powers which I inherited from my Parents (and Google) I can help you out here.

 

In fact I know of at least TEN CURRENT INTERNATIONAL footballers who are available and within your budget.

 

What is more, these players are in fact RECORD breakers, playing in front of record crowds.

 

As a further gesture of support to our beloved rivals I offer you the benefit of my google skills to provide you with a short list of the very finest, prepared just for you by the BBC

 

http://www.bbc.co.uk/sport/0/olympics/19225364

 

What have those poor women done to you?! The thought of Hope Solo in a Pompey shirt is even more revolting than the thought of half-time entertainment at St.Mary's being an artistic rendition of 'Oh When The Saints' sung by Russell Brand... ;)

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Pleased to note the BBC have now updated their preview to state :

 

"Portsmouth manager Michael Appleton will be forced to pick from youth and development squad players.

 

Any trialists that have featured for Pompey during pre-season are not allowed to feature, as the club are currently unable to sign new players".

 

Good spot - you've confirmed Alright Dave's suspicion from here: http://www.saintsweb.co.uk/showthread.php?14620-Pompey-Takeover-Saga&p=1437813#post1437813

 

Nice to know that we're still on top of things :)

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Even now the ****ing skate ****s still do'nt get it!!!!!!!!!!!

 

"Think Capital One might just have a strong word or two on this subject. The League/FA have now seriously undermined the competition . When the League season starts there will be teams asking if Pompey can field a equally weak team against them as they did against others. Knowing the luck so far Pompey will get fined for fielding a under strength team. Level playing fields , not with us!"

 

I think Capital One will be aware that no-one gives a toss about the first round, and will not give it a second thought come their high-profile Wembley showpiece.

 

The second point is just gibberish - teams are not of equal strength throughout the season - if they had to be, maybe we should appeal about Lambert's red card at Brighton and having to play without our leading scorer for 30 minutes - those points cost us the title... but of course we wouldn't, because it WOULD BE COMPLETELY PREPOSTEROUS.

 

They ought to have a look at Newport County's last 3 months in the Football League if they want an idea of how uncompetitive you can get - a team of YTS kids getting thrashed by 4 goals in basically every match. But if that's the only team you can put out due to your own financial mismanagement, then that's the only team you can put out.

 

English Division 4

Sa 26Mar 1988

Wrexham 4 - 1 Newport Co

Newport Co 1 - 2 Carlisle

Cardiff 4 - 0 Newport Co

Newport Co 0 - 4 Peterborough

Newport Co 0 - 4 Scarborough

Torquay 6 - 1 Newport Co

Bolton 6 - 0 Newport Co

Newport Co 1 - 3 Wolves (bear in mind they were 10 pts clear at the top, this was like a win)

Newport Co 0 - 3 Tranmere

Darlington 0 - 2 Newport Co - a miracle.

Newport Co 0 - 1 Rochdale

 

This might be what we have to look forward to for Portsmouth, Saints fans :)

Edited by The9
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Even now the ****ing skate ****s still do'nt get it!!!!!!!!!!!

 

"Think Capital One might just have a strong word or two on this subject. The League/FA have now seriously undermined the competition . When the League season starts there will be teams asking if Pompey can field a equally weak team against them as they did against others. Knowing the luck so far Pompey will get fined for fielding a under strength team. Level playing fields , not with us!"

 

Like Capital One give a **** :facepalm:

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PORTSMOUTH South MP Mike Hancock has raised concerns in the wake of the dispute surrounding fees for Pompey’s administrator.

 

The News revealed yesterday that former owner Balram Chainrai is locked in a row over the bill for the administrators, led by Trevor Birch.

 

Mr Chainrai claims Mr Birch’s firm PKF is reluctant to compromise and warned he could be prepared to walk away from the table.

The outstanding figure is believed to be £1.8m.

 

But Mr Hancock said he raised the question of administrator fees at a meeting between Lib Dem councillors and members of the Pompey Supporters’ Trust last week.

 

He claims Mr Birch told the meeting the amount had already been taken care of.

 

Mr Hancock said: ‘I asked Trevor Birch that in the trust’s business they make no allowance to pay the administrators’ fees.

 

‘When I asked him if it would be paid out of parachute payments, he said it wouldn’t and had been taken care of.

 

‘He told us in front of everyone, including the trust.

 

‘But I was really shocked to read about the situation with Mr Chainrai because I thought it was done and dusted.

 

‘Everyone in the room when Mr Birch answered those questions will have the same opinion as me.’

 

Responding to Mr Hancock’s fears, PKF confirmed the administrators’ fees will be taken out of the club’s current funds before the bank account is handed over to whoever takes over at Fratton Park.

 

The trouser snake should have been learning from our experience of administrators, here.

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I think it's clear that there are a few hacked off councillors who voted through the £1.45m possible loan funds to the PST when both the PST and PKF hid the £1.8m fees from them. A charade that lasted two days until Chinny spilt the beans via the press!

 

Quite excellent that Appy is starting to lose the plot in public though. We are witnessing a meltdown.

 

They are imploding. The infighting and bitter recriminations are just beginning, it'll be tears before bedtime and hissy fits a'plenty :D

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[h=4]pompeyfanfor60years[/h] 11:19 AM on 14/08/2012

Time for all us ST holders to demand our money back. This is fraud of the highest order. Call in the Fraud Squad.

 

:o Spose they'll be to blame next

 

Dear Pompey Fan,

 

How about suing your education authority first for abjectly failing to give you the intelligence required to disbelieve such propaganda in the first place.

 

Love from,

Nutjobs

Edited by trousers
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I hold my hands and admit I was wanting the skates to go bust on the August 10th deadline. Now I bow to you "Nutjobs" and offer my thanks and admiration - this is soooo much more fun:-

 

"This is a very sad day. I see no future for Portsmouth Football Club. The Administrator has no inclination to support the option that would see Trust ensure that football matters are the prime focus of our future. We have the clearest understanding now that Chanrai has no interest in club investment and will only continue to asset strip (property or parachute payments) to achieve his own ends. Worst still recent events have served to set the most loyal of fans against each other. I am very reluctantly going to ask for a refund of my season ticket payment. Someone in authority really should recognise that the last straw has been placed on the camel's back and thousands of fans feel very badly let down after showing incredible loyalty up until now and we should be told honestly what the future holds."

 

Slooooow lingering death - just gets better and better.............

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I hold my hands and admit I was wanting the skates to go bust on the August 10th deadline. Now I bow to you "Nutjobs" and offer my thanks and admiration - this is soooo much more fun:-

 

"This is a very sad day. I see no future for Portsmouth Football Club. The Administrator has no inclination to support the option that would see Trust ensure that football matters are the prime focus of our future. We have the clearest understanding now that Chanrai has no interest in club investment and will only continue to asset strip (property or parachute payments) to achieve his own ends. Worst still recent events have served to set the most loyal of fans against each other. I am very reluctantly going to ask for a refund of my season ticket payment. Someone in authority really should recognise that the last straw has been placed on the camel's back and thousands of fans feel very badly let down after showing incredible loyalty up until now and we should be told honestly what the future holds."

 

Slooooow lingering death - just gets better and better.............

 

Anyone want to break it gently to them, in words of one syllable, exactly what the future does he if they survive.

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For the first time I actually feel good about the situation, like some justice is finally coming your way for the years of cheating, all those players you could not afford, living beyond your means, ripping off local charity's etc., enjoy watching your team get thrashed by HONEST clubs every week; if you last that long....

 

Response

pathetic.. we could afford them but we were robbed of 300million by fraudsters and spivs.. get it yet???

 

This is an interesting new development, ring the police! :D

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@liamgant: I'm going for #Pompey 4-0 tonight! Kids will come good! And it's 125-1 with william hill! #randombet #PUP #keepthefaith

 

Wow - he's optimistic ....

 

To be fair though, we all thought something like that with the Dutchies when we got a result at Derby wasn't it?

 

Meanwhile.

 

What a shame that pcfc never had the foresight to allow some of their Development & U-18 squads to sit on the bench and watch a competitive football match last season.

 

It's not as if we didn't make the suggestion.

 

It's not as if we said they should play them.

 

We simply said, it was possibly more value to the POTENTIAL future of their football club than writing letters to the FL begging them to allow them to sign MORE players that they could hound out this summer.

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I'd be interested if "pfcbutton" could give us rough figures on how much each of these fraudsters and spivs "robbed".

 

The only people to have actually taken more money out of PFC than they put in are the players, agents, Storrie, Harry and Mad Milan. He doesn't think that Sacha, Chanrai, Al-Faraj(!), Bin-Tramp, Antonov, Dubov et al actually took money* out of Pompey, does he? :?

 

* Other than a little bit of freshly laundered cash, of course.

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as they appear to be in a little bit of a pickle - I've just had a great idea!

 

How about they take whatever budget they have and instead of spending it on enough players to compete for a season, they get fewer players, but pay them more?

 

We could call this new policy, 'less but better' or 'few and classy'.

 

And perhaps they could set a wagecap to keep this budget on track, and then pay twice that to the first player they meet the next day?

They could also loan out perfectly good young players to pretend they haven't got enough to put on the bench...

 

I can't see anything that could go wrong - whatever way you look at it, the figures stack up.

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as they appear to be in a little bit of a pickle - I've just had a great idea!

 

How about they take whatever budget they have and instead of spending it on enough players to compete for a season, they get fewer players, but pay them more?

 

We could call this new policy, 'less but better' or 'few and classy'.

 

And perhaps they could set a wagecap to keep this budget on track, and then pay twice that to the first player they meet the next day?

They could also loan out perfectly good young players to pretend they haven't got enough to put on the bench...

 

I can't see anything that could go wrong - whatever way you look at it, the figures stack up.

I can't think where i've heard that idea before.
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Quote PFC Button:-

pathetic.. we could afford them but we were robbed of 300million by fraudsters and spivs.. get it yet???

 

Quote Steve Claridge:-

"The ridiculous, strange, unimaginable stupidity of this situation is, it wasn't even called for," Claridge said. "This is not a football club that supporters were demanding you spend that sort of money, were demanding you buy these types of players.

 

"I was on the train coming home from the FA Cup," Claridge added, "and I was looking at people celebrating, and I was thinking, 'You've got to pay for this somewhere, somehow, and when you do, you are you going to realize this was built on sand, this FA Cup.'"

 

I'm really confused. Who should be believed, PFC Button, who frankly I've not heard of, or Steve Claridge, Skate legend and TV football pundit?

 

Should Steve be told that his comments about the affordability of those star players ought to be qualified with the proviso that it was all fine until somebody filched the £300 million that would have paid for them?

 

And PFC Button should conversely be asked whether the winning of the FA Cup was worth his club going to the wall?

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as they appear to be in a little bit of a pickle - I've just had a great idea!

 

How about they take whatever budget they have and instead of spending it on enough players to compete for a season, they get fewer players, but pay them more?

 

We could call this new policy, 'less but better' or 'few and classy'.

 

 

Ability over Abundance?

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Quote PFC Button:-

 

Quote Steve Claridge:-

 

I'm really confused. Who should be believed, PFC Button, who frankly I've not heard of, or Steve Claridge, Skate legend and TV football pundit?

 

Should Steve be told that his comments about the affordability of those star players ought to be qualified with the proviso that it was all fine until somebody filched the £300 million that would have paid for them?

 

And PFC Button should conversely be asked whether the winning of the FA Cup was worth his club going to the wall?

 

Woul dbe interesting to hear Mr Allen's view on Claridge's wise words.....they would obviously be derided had they come out of the mouth of a 'scummer'....

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as they appear to be in a little bit of a pickle - I've just had a great idea!

 

How about they take whatever budget they have and instead of spending it on enough players to compete for a season, they get fewer players, but pay them more?

 

We could call this new policy, 'less but better' or 'few and classy'.

 

And perhaps they could set a wagecap to keep this budget on track, and then pay twice that to the first player they meet the next day?

They could also loan out perfectly good young players to pretend they haven't got enough to put on the bench...

 

I can't see anything that could go wrong - whatever way you look at it, the figures stack up.

:lol:

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