St Jim Posted 15 August, 2012 Share Posted 15 August, 2012 To quote Blackadder - they're "in the stickiest situation since Sticky the Stick Insect got stuck on a sticky bun" Link to comment Share on other sites More sharing options...
dubai_phil Posted 15 August, 2012 Share Posted 15 August, 2012 How to raise money for financially stricken football clubs. 1) Have the best fans in the world. 2) Sell 25,000 Season Tickets despite having been relegated from PL to Div3 3) Place another 10,000 Season Tickets on sale and have a queue that stretches around the ground which started forming at 5:30am So that's how the cheating Jocks did it And the cheating skates have 1,600 pledges and fans demanding a refund of their ST money Spectacular Link to comment Share on other sites More sharing options...
Sheaf Saint Posted 15 August, 2012 Share Posted 15 August, 2012 As I type I have been stationary on the M42 for over three hours, and the latest developments on this thread have so far kept me from losing my mind with boredom. Can we get the toaster out of storage and give it a test yet? Link to comment Share on other sites More sharing options...
Ohio Saint Posted 15 August, 2012 Share Posted 15 August, 2012 Hey guys!! Chinnie has dropped his bid!!!!!!!!!!!! Grrr, stupid 5 hour time difference. Link to comment Share on other sites More sharing options...
The9 Posted 15 August, 2012 Share Posted 15 August, 2012 How to raise money for financially stricken football clubs. 1) Have the best fans in the world. 2) Sell 25,000 Season Tickets despite having been relegated from PL to Div3 3) Place another 10,000 Season Tickets on sale and have a queue that stretches around the ground which started forming at 5:30am So that's how the cheating Jocks did it And the cheating skates have 1,600 pledges and fans demanding a refund of their ST money Spectacular Good point well made. Link to comment Share on other sites More sharing options...
Waterside.saint Posted 15 August, 2012 Share Posted 15 August, 2012 This has got to be one of us nutjobs: http://www.portsmouth.co.uk/sport/pompey/pompey-past/pompey-supporters-trust-urges-fans-to-back-bid-following-portpin-withdrawal-1-4162688 BasingstokeBlue 11:28 AM on 15/08/2012 Unfortunately I won't be putting up an extra £900. Hopefully I'll get the rest back soon (minus my £2.50) as I'm a bit skint and could do with it for Reading Festival ticket. The fact that the Administrator has used all the parachute money means no left over to sign players and get promoted. I love Pompey and will go and see them still, but I don't want to lose loads of money on a league 1 team. I was hoping for promotion then lucky play off win and sell my share for profit, no chance of that happening now!" Link to comment Share on other sites More sharing options...
trousers Posted 15 August, 2012 Share Posted 15 August, 2012 As I type I have been stationary on the M42 for over three hours Closed for another 2 hours according to the latest travel bulletin.... Link to comment Share on other sites More sharing options...
SO16_Saint Posted 15 August, 2012 Share Posted 15 August, 2012 The fat lady is just clearing her throat and is going to gob over Portsmouth any second Link to comment Share on other sites More sharing options...
SO16_Saint Posted 15 August, 2012 Share Posted 15 August, 2012 Closed for another 2 hours according to the latest travel bulletin.... arent you the bearer of good news Link to comment Share on other sites More sharing options...
sussexsaint Posted 15 August, 2012 Share Posted 15 August, 2012 Seriously - how long have they got to sort this before the plug is pulled? Link to comment Share on other sites More sharing options...
The9 Posted 15 August, 2012 Share Posted 15 August, 2012 Something's just occurred to me. Andronikou was supposed to be Chainrai's puppet when he was administrator. He was definitely Ben Haim's advisor recently. Birch has given Ben Haim a LOT of the money he was due from Chainrai's Parachute Payments, meaning Chainrai didn't get access to that money. So did Andronikou turn against Chainrai's interests (I guess he's not being employed by him any more?), or did Ben Haim just ignore Andronikou's advice ? Link to comment Share on other sites More sharing options...
rallyboy Posted 15 August, 2012 Share Posted 15 August, 2012 calm down my pretty nutjobs, let's step back for a mo... Chinny says he's done. Do we always believe him? Err no! He's either going to negotiate even harder, or he can now see no benefit from continuing and has decided to cut his losses. I have to say that the lack of PPs and his statement do suggest that he's given up trying to keep the diseased beast alive. So this would leave the door wide open for The Trust to deliver all those grand promises they've been making. They talk the talk, let's see if they know what their boots are made for. Their own figures at launch were as follows. £3M in pledges - surely they will struggle to deliver more than £2M in a hurry? £1M in the bank re season tickets - to be released slower than Greg Halford doing a crossword. £1.45M loan to buy a ground for £2.75M - an offer that has been on the table and ignored since June, and loan conditions that make it impossible to get. Likelihood of Chinny accepting that offer now? About the same as their former hero manager being able to walk past a drunk woman in a mini-skirt touching her toes behind a Horton Heath skip. £2M for players who now have agreements totalling £8M+ - ....non-starter. £850K CVA £11M in PPs to come - of which they thought they had approx £6M to play with = major shortfall. So they have a few stumbling blocks, in fact approx 12 million stumbling blocks, and they are all £-shaped, and required asap. I was amused by Jimmy's suggestion that Chainrai lends them the money - it worked so well last time, and it could be their only option! Likely scenario? Trust gets into talks all excited at taking control.....meeting goes great until item 1 - the accounts. They study the debts, reality finally dawns, they run for the hills. I hope for the sake of their sanity and house deeds that they do finally realise what we've been shouting at them for fricking years - the figures do not stack up. While happy to abuse anyone who deserves it, I've never been too smug about doomsday scenarios as they've wiggled out of tight spots in the past and Nutjob parties have had to be cancelled at short notice. BUT their options for avoiding an imminent grilled bread situation do seem to have narrowed significantly today. Link to comment Share on other sites More sharing options...
andysstuff Posted 15 August, 2012 Share Posted 15 August, 2012 Something's just occurred to me. Andronikou was supposed to be Chainrai's puppet when he was administrator. He was definitely Ben Haim's advisor recently. Birch has given Ben Haim a LOT of the money he was due from Chainrai's Parachute Payments, meaning Chainrai didn't get access to that money. So did Andronikou turn against Chainrai's interests (I guess he's not being employed by him any more?), or did Ben Haim just ignore Andronikou's advice ? Or was it all just a cunning plan to bring about a liquidation all along? Link to comment Share on other sites More sharing options...
The9 Posted 15 August, 2012 Share Posted 15 August, 2012 This has got to be one of us nutjobs: http://www.portsmouth.co.uk/sport/pompey/pompey-past/pompey-supporters-trust-urges-fans-to-back-bid-following-portpin-withdrawal-1-4162688 BasingstokeBlue 11:28 AM on 15/08/2012 Unfortunately I won't be putting up an extra £900. Hopefully I'll get the rest back soon (minus my £2.50) as I'm a bit skint and could do with it for Reading Festival ticket. The fact that the Administrator has used all the parachute money means no left over to sign players and get promoted. I love Pompey and will go and see them still, but I don't want to lose loads of money on a league 1 team. I was hoping for promotion then lucky play off win and sell my share for profit, no chance of that happening now!" There's a less dubious statement to the same effect from what actually appears to be a Skate on the News site under the Chainrai article too, so it's not just the tyre-kickers failing to stump up the cash. Wouldn't it be delightful if the Bestest, who are now their only hope, just folded up their £100s and left them to it, and the Trust had to front up and say "we just don't have the support we need". Link to comment Share on other sites More sharing options...
Tractor_Saint Posted 15 August, 2012 Share Posted 15 August, 2012 http://www.portsmouth.co.uk/sport/pompey/pompey-past/pompey-supporters-trust-urges-fans-to-back-bid-following-portpin-withdrawal-1-4162688 Had a 'tweet-off' with the PST the other day. They have planned for 75% of the pledges to actually come through. I think it might be a lot lower than that! Link to comment Share on other sites More sharing options...
Hatch Posted 15 August, 2012 Share Posted 15 August, 2012 As I type I have been stationary on the M42 for over three hours, and the latest developments on this thread have so far kept me from losing my mind with boredom. Can we get the toaster out of storage and give it a test yet? http://www.bbc.co.uk/travelnews/birmingham/trafficcameras/highwaysagency/06635 give us a wave! Link to comment Share on other sites More sharing options...
hutch Posted 15 August, 2012 Share Posted 15 August, 2012 Something's just occurred to me. Andronikou was supposed to be Chainrai's puppet when he was administrator. He was definitely Ben Haim's advisor recently. Birch has given Ben Haim a LOT of the money he was due from Chainrai's Parachute Payments, meaning Chainrai didn't get access to that money. So did Andronikou turn against Chainrai's interests (I guess he's not being employed by him any more?), or did Ben Haim just ignore Andronikou's advice ? Or did something else happen recently which made liquidation a better option for Chainrai, and this situation has been created to facilitate that? Don't ignore Ben Haim's roots and the origin of the business relationship (some call it a dispute) between Chainrai & Gaydamak. Link to comment Share on other sites More sharing options...
Cabrone Posted 15 August, 2012 Share Posted 15 August, 2012 I think it would be best for all concerned if the club folded. It's never been properly run in my lifetime, a 50 year old tragedy in the making. Maybe their fans could re-start a new club and this time make sure the sharks stay away. Out of curiosity where would a new PFC start in the league pyramid? Link to comment Share on other sites More sharing options...
Shrek Posted 15 August, 2012 Share Posted 15 August, 2012 Just LOL. I can actually hear the fat pipes singing... Link to comment Share on other sites More sharing options...
trousers Posted 15 August, 2012 Share Posted 15 August, 2012 Or was it all just a cunning plan to bring about a liquidation all along? Ssssshhh....we don't want people believing that one of our conspiracy theories from a while back actually turns out to be true... ;-) Link to comment Share on other sites More sharing options...
badgerx16 Posted 15 August, 2012 Share Posted 15 August, 2012 I hope for the sake of their sanity and house deeds . Item 1 - Sanity, Portsmouth ? Item 2 - do you have deeds for a caravan ? Link to comment Share on other sites More sharing options...
dubai_phil Posted 15 August, 2012 Share Posted 15 August, 2012 I think it would be best for all concerned if the club folded. It's never been properly run in my lifetime, a 50 year old tragedy in the making. Maybe their fans could re-start a new club and this time make sure the sharks stay away. Out of curiosity where would a new PFC start in the league pyramid? Salisbury & District League Division 2 looks a bit light next season, they should be able to squeeze into there http://full-time.thefa.com/ProcessPublicSelect.do?psSelectedSeason=295150901&psSelectedDivision=1766334&psSelectedLeague=6852306 Link to comment Share on other sites More sharing options...
View From The Top Posted 15 August, 2012 Share Posted 15 August, 2012 I wonder what the FL makes of the latest developments. Link to comment Share on other sites More sharing options...
dubai_phil Posted 15 August, 2012 Share Posted 15 August, 2012 Ssssshhh....we don't want people believing that ANOTHER one of our conspiracy theories from a while back actually turns out to be true... ;-) Edited for accuracy Link to comment Share on other sites More sharing options...
dubai_phil Posted 15 August, 2012 Share Posted 15 August, 2012 I wonder what the FL makes of the latest developments. My source from last Sunday tells me that at that point they were sitting in their office cowering and praying someone took the problem away for them. Think they may be in the pub celebrating with Ham & Cheese toasties for lunch around about now Link to comment Share on other sites More sharing options...
trousers Posted 15 August, 2012 Share Posted 15 August, 2012 Edited for accuracy Oops... My bad Link to comment Share on other sites More sharing options...
Waterside.saint Posted 15 August, 2012 Share Posted 15 August, 2012 Just LOL. I can actually hear the fat pipes singing... And so they stagger from one crisis to the next, a laughing stock and byword for incompetence, the only question remains - when will someone finally grow a pair and pull the trigger Link to comment Share on other sites More sharing options...
dvaughanwilliams Posted 15 August, 2012 Share Posted 15 August, 2012 Attention Rubberneckers: Snooze webchat at 1pm. http://www.portsmouth.co.uk/sport/pompey/webchats Link to comment Share on other sites More sharing options...
Glasgow_Saint Posted 15 August, 2012 Share Posted 15 August, 2012 I wonder if the trialists are still 'hanging on'? Link to comment Share on other sites More sharing options...
RingySFC Posted 15 August, 2012 Share Posted 15 August, 2012 Can anyone please answer this? If the skates supporters trust don't have the money and can't take over (I know they don't have the money) and the Parachute Payments have already been allocated to past players etc. and Liquidation is the only option, who pays Trevor Birch's fees of £1.8m?? Link to comment Share on other sites More sharing options...
standy Posted 15 August, 2012 Share Posted 15 August, 2012 I have a source at Radio Solent who overheard the conversation between BC and the sports reporter this morning. Not only has BC withdrawn his offer but Portsmouth City council are now trying to get out of lending the trust the agreed loan. However Radio Solent are not allowed to report about it. Link to comment Share on other sites More sharing options...
dvaughanwilliams Posted 15 August, 2012 Share Posted 15 August, 2012 Can anyone please answer this? If the skates supporters trust don't have the money and can't take over (I know they don't have the money) and the Parachute Payments have already been allocated to past players etc. and Liquidation is the only option, who pays Trevor Birch's fees of £1.8m?? The fee will be the first thing deducted from the proceeds of liquidation. Chinny gets the rest. Link to comment Share on other sites More sharing options...
Waterside.saint Posted 15 August, 2012 Share Posted 15 August, 2012 I wonder if the trialists are still 'hanging on'? They will insist that they are reluctant to see the end of their Pompey Dreams. Failing to remain would put them at risk of becoming Tainted Dreams, oops - sorry, slipped into Pompey Pravda mode there for a moment Link to comment Share on other sites More sharing options...
edprice1984 Posted 15 August, 2012 Share Posted 15 August, 2012 Can anyone please answer this? If the skates supporters trust don't have the money and can't take over (I know they don't have the money) and the Parachute Payments have already been allocated to past players etc. and Liquidation is the only option, who pays Trevor Birch's fees of £1.8m?? I believe that Birch would get paid from the revenue that came out of the asset stripping. Although I am not sure tbh. Link to comment Share on other sites More sharing options...
Brizzie Saints Posted 15 August, 2012 Share Posted 15 August, 2012 I'm so glad I brought my iPad into work tonight, it's so much better to follow proceedings than on my iPhone like I normally do, I'll be pretty upset tho if they do go pop at the end of this week tho......................I had Monday Link to comment Share on other sites More sharing options...
Petersfield Saint Posted 15 August, 2012 Share Posted 15 August, 2012 I am waiting with baited breath for Friday... Sent from my GT-I9100 using Tapatalk 2 Link to comment Share on other sites More sharing options...
krissyboy31 Posted 15 August, 2012 Share Posted 15 August, 2012 This has got to be one of us nutjobs: http://www.portsmouth.co.uk/sport/pompey/pompey-past/pompey-supporters-trust-urges-fans-to-back-bid-following-portpin-withdrawal-1-4162688 BasingstokeBlue 11:28 AM on 15/08/2012 Unfortunately I won't be putting up an extra £900. Hopefully I'll get the rest back soon (minus my £2.50) as I'm a bit skint and could do with it for Reading Festival ticket. The fact that the Administrator has used all the parachute money means no left over to sign players and get promoted. I love Pompey and will go and see them still, but I don't want to lose loads of money on a league 1 team. I was hoping for promotion then lucky play off win and sell my share for profit, no chance of that happening now!" Most probably but those dipsh!ts are so thick it is hard to tell!! Link to comment Share on other sites More sharing options...
krissyboy31 Posted 15 August, 2012 Share Posted 15 August, 2012 I believe that Birch would get paid from the revenue that came out of the asset stripping. Although I am not sure tbh. Assets???? Link to comment Share on other sites More sharing options...
trousers Posted 15 August, 2012 Share Posted 15 August, 2012 WEBCHAT! The News, Portsmouth @portsmouthnews Live: Join @pn_jordan_cross for our first #Pompey web chat of the season. Find him here: http://ow.ly/cYYKx Link to comment Share on other sites More sharing options...
mulletsaint Posted 15 August, 2012 Share Posted 15 August, 2012 Well I for one hope, that those down the road can find some way to still exist. I believe they deserve the punishments they've been dished out and tbh some were long overdue, but whatever some of the more hard nosed on here say, I think Saints will be slightly diminished if we lose our arch enemies completely. Link to comment Share on other sites More sharing options...
ohwhenthesaints Posted 15 August, 2012 Share Posted 15 August, 2012 Got one through already... Link to comment Share on other sites More sharing options...
trousers Posted 15 August, 2012 Share Posted 15 August, 2012 WEBCHAT! The News, Portsmouth @portsmouthnews Live: Join @pn_jordan_cross for our first #Pompey web chat of the season. Find him here: http://ow.ly/cYYKx 13:07 [TABLE=width: 100%] [TR] [TD][/TD] [TD]Comment From PompeyPete Any word on plans for a new stadium? [/TD] [/TR] [/TABLE] Link to comment Share on other sites More sharing options...
ohwhenthesaints Posted 15 August, 2012 Share Posted 15 August, 2012 13:07 [TABLE=width: 100%] [TR] [TD][/TD] [TD]Comment From PompeyPete Any word on plans for a new stadium? [/TD] [/TR] [/TABLE] I got a response! Link to comment Share on other sites More sharing options...
Tractor_Saint Posted 15 August, 2012 Share Posted 15 August, 2012 Attention Rubberneckers: Snooze webchat at 1pm. http://www.portsmouth.co.uk/sport/pompey/webchats lol - good question: Comment From PompeyPete Any word on plans for a new stadium? Link to comment Share on other sites More sharing options...
bridge too far Posted 15 August, 2012 Share Posted 15 August, 2012 Got one through already... PompeyPete? Link to comment Share on other sites More sharing options...
dvaughanwilliams Posted 15 August, 2012 Share Posted 15 August, 2012 Jordan : There's a lot of optimsim around the club today about the way forward. Err, really? "Yay, we're on the brink of liquidation!' It's not a word used often on this thread, but I think they may be deluded. Link to comment Share on other sites More sharing options...
trousers Posted 15 August, 2012 Share Posted 15 August, 2012 [TABLE=width: 100%] [TR] [TD=class: chatmsgtime, bgcolor: #F6F6F6]13:12 [/TD] [TD=class: chatmsgtext viewer_text, bgcolor: #FFFFFF][TABLE=width: 100%] [TR] [TD][/TD] [TD]Comment From Pompster Where are all the new signings? The league season starts on saturday! [/TD] [/TR] [/TABLE] [/TD] [/TR] [/TABLE] [TABLE=width: 100%] [TR] [TD=class: chatmsgtime, bgcolor: #F6F6F6]13:12 [/TD] [TD=class: chatmsgtext altcaster_text, bgcolor: #FFFFFF][TABLE] [TR] [TD][/TD] [TD]Jordan : We're working on that story this afternoon Pompster. But there are one or two positive noises being made on that front. Hopefully more to follow [/TD] [/TR] [/TABLE] [/TD] [/TR] [/TABLE] Link to comment Share on other sites More sharing options...
Lazlo78 Posted 15 August, 2012 Share Posted 15 August, 2012 And look at Portpin's past record. Small creditors not paid, season ticket hikes, players sold and money taken out of the club. Plus exorbitant interest on loans (as stated in court). Make your own mind up on their credibility and how much they care for the welfare of this club Ok, now they start talking about small creditors not being paid etc., but only to portray Chinny as the villain. Sorry chaps, if you think that is wrong, then the club must redeem those actions going forward instead of just shrugging their shoulders and say: "that was Chinny's fault, now let's concentrate on a promotion warchest for the PST"... Link to comment Share on other sites More sharing options...
dvaughanwilliams Posted 15 August, 2012 Share Posted 15 August, 2012 Comment From Pompster Where are all the new signings? The league season starts on saturday! I laughed at this obvious wind up until I saw this: Jordan : We're working on that story this afternoon Pompster. But there are one or two positive noises being made on that front. Hopefully more to follow Jordan : The fact that there have been no triallists to leave the club is amazing for me Jordan : But it shows there's confidence on their part that there will be something in the offing for them for the weekend - be that a non contract deal or something month to month in the short term [/QUote] Link to comment Share on other sites More sharing options...
LGTL Posted 15 August, 2012 Share Posted 15 August, 2012 Only Pompey could talk about new signings after a day like today. Stupid ****ing idiots. Link to comment Share on other sites More sharing options...
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