Weston Super Saint Posted 10 September, 2012 Share Posted 10 September, 2012 LOL. It's all gone a bit mental on POL! They're mentioning everyone who doesn't live in the UK from the fat ice cream man all the way to the Sultan of Bruneii! The funniest thing though, is that an overwhelming majority seem to have their arms wide open to welcome a mystery bidder into the club! It's almost as if they have no faith what so ever in the trust Link to comment Share on other sites More sharing options...
The Kraken Posted 10 September, 2012 Share Posted 10 September, 2012 LOL. It's all gone a bit mental on POL! They're mentioning everyone who doesn't live in the UK from the fat ice cream man all the way to the Sultan of Bruneii! The funniest thing though, is that an overwhelming majority seem to have their arms wide open to welcome a mystery bidder into the club! It's almost as if they have no faith what so ever in the trust Except for the Trust fella on POL who is desperately trying to stop himself from going on a full frontal assault of this latest bid (but ultimately failing in his efforts). He's already denigrated the bid to categorically state that it offers nothing more than the Trust is offering and seems to want go on the attack about further revelations (talk about staying classy and professional!). And all this from an organisation who haven't even yet been able to submit a credible bid offer. Still, throw enough mud and some will stick, I suppose. Link to comment Share on other sites More sharing options...
alpine_saint Posted 10 September, 2012 Share Posted 10 September, 2012 LOL. It's all gone a bit mental on POL! They're mentioning everyone who doesn't live in the UK from the fat ice cream man all the way to the Sultan of Bruneii! The funniest thing though, is that an overwhelming majority seem to have their arms wide open to welcome a mystery bidder into the club! It's almost as if they have no faith what so ever in the trust all that guff about the fan ownership model being just and principled And it appears they havent learned a damned thing about mysterious Eastern buyers.... Link to comment Share on other sites More sharing options...
Wes Tender Posted 10 September, 2012 Share Posted 10 September, 2012 (edited) A total moron from the blue phew, expounding on the David v Goliath clash against Crawley yesterday:- http://www.fansnetwork.co.uk/football/portsmouth/fb_news.php?storyid=18103 In many ways it reminded me of an FA Cup tie with a non-league side at home to a much bigger club. Essentially I suppose that is what it was! The minnows pressed hard for twenty minutes but never really looked like scoring and after that you knew that, at worst, the away side were going to get a draw. Unfortunately the home side, doubtless, a little frustrated on their big day, lost their cool and imploded….tough luck! The fans? Fantastic as usual. I know Crawley played the Mancs in the FA Cup a season or so back but yesterday they ran into a proper club with real fans. The thing that doesn't appear to have penetrated his thick cranium, is that the Skates are currently playing in the same division as Crawley, who I imagine are relatively debt free, own their own ground and have some other infrastucture to support themselves. It could well be argued reasonably that in many ways, Crawley are the team on the way up and are in no way inferior to the Skates other than in past history and the size of their respective fan bases. We are no longer the Skates' main rivals in the South and Crawley and Bournemouth fit that position far more accurately nowadays. As for that comment about the Manchester United fans, well, I await the men in white coats to take him away to somewhere where he can't harm himself. Edited 10 September, 2012 by Wes Tender Link to comment Share on other sites More sharing options...
Gemmel Posted 10 September, 2012 Share Posted 10 September, 2012 Welll it seems to be confimred on twitter as our old friend the Doctor / Ice cream salesman. Intresting tit bit in the letter, is that debenture to be removed at the amount negociated with current debenture holder (Chinny) So it could well be that Chinny's work is finally done and he has agreed a deal with saf. All that needs to be done now is for saf to complete on the deal..... Which from memory took quite a long time, last time round. But he has made one important promise (Required by all kocher takeovers) and that is a fan on the board Link to comment Share on other sites More sharing options...
Chez Posted 10 September, 2012 Share Posted 10 September, 2012 Interesting tit bit in the letter, is that debenture to be removed at the amount negociated with current debenture holder (Chinny) so how much does Chinny get back from this buyout? Link to comment Share on other sites More sharing options...
PhilippineSaint Posted 10 September, 2012 Share Posted 10 September, 2012 so how much does Chinny get back from this buyout? Penny in the pound as per all the other non fulfilled promises or next to nothing as near as dammit Link to comment Share on other sites More sharing options...
saint si Posted 10 September, 2012 Share Posted 10 September, 2012 But he has made one important promise (Required by all kocher takeovers) and that is a fan on the board Himself, presumably? Link to comment Share on other sites More sharing options...
View From The Top Posted 10 September, 2012 Share Posted 10 September, 2012 I'd imagine that an awful lot of skate bast.ards are very relieved that they don't have to find £900 in the run up to Xmas. Link to comment Share on other sites More sharing options...
Gemmel Posted 10 September, 2012 Share Posted 10 September, 2012 so how much does Chinny get back from this buyout? We will probably never know. It is a side deal between those two parties and nothing to do with Birch. At a guess I think it will be somewhere between 4 - 5 million...... But of course saf has to actually come up with the money Link to comment Share on other sites More sharing options...
Gemmel Posted 10 September, 2012 Share Posted 10 September, 2012 Penny in the pound as per all the other non fulfilled promises or next to nothing as near as dammit This is Chinny we are talking about - He will have done ok Link to comment Share on other sites More sharing options...
bridge too far Posted 10 September, 2012 Share Posted 10 September, 2012 We will probably never know. It is a side deal between those two parties and nothing to do with Birch. At a guess I think it will be somewhere between 4 - 5 million...... But of course saf has to actually come up with the money Although, according to the BBC article, Birch doesn't think it'll fly: Last month former Watford owner Laurence Bassini also registered his interest in Portsmouth. However, the advanced nature of the current talks with Chainrai and the PST, as well as the urgency with which a deal needs to be completed, meant Bassini was not considered a serious option at this stage. It is thought that the same would apply to the Middle East consortium interested in Pompey. http://www.bbc.co.uk/sport/0/football/19543395 Link to comment Share on other sites More sharing options...
The Kraken Posted 10 September, 2012 Share Posted 10 September, 2012 That's not Birch making a comment, that's the BBC making an assumption. There's also another line at the end of that report: But if Birch is still not satisfied with the bids from the PST and Portpin, then he could start to pursue other options. Being as this offer was received last week, seemingly after discussions with Trevor Birch and also with Portpin for the ground debenture, then it could be surmised that Birch has already started pursuing other options. Either way, it doesn't stack up as good news for the Trust; if another party has offered/agreed more than £2.75M for the ground debenture then that blows a major hole in their bid proposal. Link to comment Share on other sites More sharing options...
PhilippineSaint Posted 10 September, 2012 Share Posted 10 September, 2012 That's not Birch making a comment, that's the BBC making an assumption. There's also another line at the end of that report: Being as this offer was received last week, seemingly after discussions with Trevor Birch and also with Portpin for the ground debenture, then it could be surmised that Birch has already started pursuing other options. Either way, it doesn't stack up as good news for the Trust; if another party has offered/agreed more than £2.75M for the ground debenture then that blows a major hole in their bid proposal. With now 2 bids apart from the trust, the trust must be out of it as the council defiantly can't lend them the 1.45m which was certainly needed for them to succeed. looks like its down to 2 both game for a laugh (on here anyway) Link to comment Share on other sites More sharing options...
Ken Tone Posted 10 September, 2012 Share Posted 10 September, 2012 LOL. It's all gone a bit mental on POL! They're mentioning everyone who doesn't live in the UK from the fat ice cream man all the way to the Sultan of Bruneii! The funniest thing though, is that an overwhelming majority seem to have their arms wide open to welcome a mystery bidder into the club! It's almost as if they have no faith what so ever in the trust Lol. That's a hanging offence on POL! Link to comment Share on other sites More sharing options...
suewhistle Posted 10 September, 2012 Share Posted 10 September, 2012 http://www.guardian.co.uk/football/football-league-blog/2012/sep/09/portsmouth-league-one-crawley?commentpage=last#end-of-comments Nice to see that WiderInterestsDon getting the most recommendations... Link to comment Share on other sites More sharing options...
trousers Posted 10 September, 2012 Share Posted 10 September, 2012 More fun and games north of the border too... http://rangers.co.uk/news/headlines/item/2105-charles-green-statement Link to comment Share on other sites More sharing options...
Clapham Saint Posted 10 September, 2012 Share Posted 10 September, 2012 We will probably never know. It is a side deal between those two parties and nothing to do with Birch. At a guess I think it will be somewhere between 4 - 5 million...... But of course saf has to actually come up with the money Yes we will. The ground is still owned by the company in administration. Any amounts raised from its sale will be in the admionistrator's final receipts and payments. Link to comment Share on other sites More sharing options...
trousers Posted 10 September, 2012 Share Posted 10 September, 2012 Meanwhile, in today's installment of 'A Dummy's Guide to Professional Journalism'... @pn_neil_allen: Not had a response from @TheRealSulaiman so I'll ask again on behalf of #Pompey fans. Are you involved in new bid? Straight answer please. Link to comment Share on other sites More sharing options...
Gemmel Posted 10 September, 2012 Share Posted 10 September, 2012 Yes we will. The ground is still owned by the company in administration. Any amounts raised from its sale will be in the admionistrator's final receipts and payments. I will of course bow to your superior knowledge, but is he not just buying the debenture from Chanrai? He pays Birch whatever amount for the club to include the ground and then pays Chanrai a seperate amount to remove the debenture Link to comment Share on other sites More sharing options...
trousers Posted 10 September, 2012 Share Posted 10 September, 2012 @TonyHusbandBBC: #pompey Latest on Middle Eastern bid to buy Pompey which is thought to include Sulaiman Al Fahim http://t.co/V1o7ZNsI Link to comment Share on other sites More sharing options...
Colinjb Posted 10 September, 2012 Share Posted 10 September, 2012 On today of all days, when it appears that their leeches will not go away, when their fan led takeover appears dead and they continue to cry about the need to be competitive above survival and ignore the need to survive by falling back on their own youth system and infrastructure (what little they have...).... Our captain, a product of our youth system is called up to the England squad. Link to comment Share on other sites More sharing options...
trousers Posted 10 September, 2012 Share Posted 10 September, 2012 @mattslaterbbc: Dubai's Donald Trump is back @TonyHusbandBBC what's underneath Fratton Park?? @TonyHusbandBBC: @mattslaterbbc And all these years we've wondered if they buried a #Pompey shirt under St Marys! Link to comment Share on other sites More sharing options...
rallyboy Posted 10 September, 2012 Share Posted 10 September, 2012 concentrate, this is for hardcore nutjobs only! do I perhaps spot Chanrai creeping around the FL rules by agreeing a deal with Al Fahim outside of the main sale agreement?? Birch sells the club to Al Fahim, secured creditor Chinny agrees the main Birch deal because he has done another deal with Al Fahim to account for his own status. That 2nd deal is reliant on Al Fahim coughing up money at regular intervals, if it doesn't happen, could Chinny then retake control and slap his whole debt back into the club? He's going to want something as security from a new consortium and the club would seem the obvious thing to use - could it be CSI revisited, with more tea towels and less gunfights? Al Fahim will be personally carrying forward way more Chinny debt than the amount the FL will approve, the loan shark wants that protected in an agreement outside of the main sale, the FL won't have control over that deal, and Al Fahim might forget to tell them. Plausible, or Nutjobbery? Link to comment Share on other sites More sharing options...
View From The Top Posted 10 September, 2012 Share Posted 10 September, 2012 I wonder how much the PST have spent on their bid? Link to comment Share on other sites More sharing options...
Elmore Posted 10 September, 2012 Share Posted 10 September, 2012 @TonyHusbandBBC: #pompey Latest on Middle Eastern bid to buy Pompey which is thought to include Sulaiman Al Fahim http://t.co/V1o7ZNsI Yay! Link to comment Share on other sites More sharing options...
PhilippineSaint Posted 10 September, 2012 Share Posted 10 September, 2012 I wonder how much the PST have spent on their bid? You can't say that they would have used the work's stationary and time as none of them do that particular 4 letter word Link to comment Share on other sites More sharing options...
trousers Posted 10 September, 2012 Share Posted 10 September, 2012 concentrate, this is for hardcore nutjobs only! do I perhaps spot Chanrai creeping around the FL rules by agreeing a deal with Al Fahim outside of the main sale agreement?? Birch sells the club to Al Fahim, secured creditor Chinny agrees the main Birch deal because he has done another deal with Al Fahim to account for his own status. That 2nd deal is reliant on Al Fahim coughing up money at regular intervals, if it doesn't happen, could Chinny then retake control and slap his whole debt back into the club? He's going to want something as security from a new consortium and the club would seem the obvious thing to use - could it be CSI revisited, with more tea towels and less gunfights? Al Fahim will be personally carrying forward way more Chinny debt than the amount the FL will approve, the loan shark wants that protected in an agreement outside of the main sale, the FL won't have control over that deal, and Al Fahim might forget to tell them. Plausible, or Nutjobbery? Quite possibly 'nail on head' territory... Link to comment Share on other sites More sharing options...
pedg Posted 10 September, 2012 Share Posted 10 September, 2012 One obvious result of a new consortium coming in is that it, I assume, kicks TB's latest deadline for improved bids into the long grass? Coincidence or not? Link to comment Share on other sites More sharing options...
bridge too far Posted 10 September, 2012 Share Posted 10 September, 2012 One obvious result of a new consortium coming in is that it, I assume, kicks TB's latest deadline for improved bids into the long grass? Coincidence or not? Nice little extra earner for Trev then Link to comment Share on other sites More sharing options...
eurosaint Posted 10 September, 2012 Share Posted 10 September, 2012 One obvious result of a new consortium coming in is that it, I assume, kicks TB's latest deadline for improved bids into the long grass? Coincidence or not? In business and in life "it's all about timing"! Approximately 8 months after administration, with 2 unacceptable bids on the table, (abbracadabra...) an anonymous bid from the middle east arrives on Trevor's desk ! "Manna from Heaven" declare the deluded few, up pops the ice cream salesman and yet again, everything in the garden is rosy !! You couldn't make it up, you really couldn't......... Link to comment Share on other sites More sharing options...
PhilippineSaint Posted 10 September, 2012 Share Posted 10 September, 2012 In business and in life "it's all about timing"! Approximately 8 months after administration, with 2 unacceptable bids on the table, (abbracadabra...) an anonymous bid from the middle east arrives on Trevor's desk ! "Manna from Heaven" declare the deluded few, up pops the ice cream salesman and yet again, everything in the garden is rosy !! You couldn't make it up, you really couldn't......... You can and they have but such is the enjoyment they are providing it would be a shame for them to be put out of their misery Link to comment Share on other sites More sharing options...
gaz Posted 10 September, 2012 Share Posted 10 September, 2012 £50 says that SAF turns out to be potless, chased by authorities and the club falls back into ''reluctant owner'' Baloos hands...for a fourth time... Link to comment Share on other sites More sharing options...
The Kraken Posted 10 September, 2012 Share Posted 10 September, 2012 Oh dear. According to POL, the parameters of the Trust bid seem to be changing.... Some bloke called road runner text in (to The Football Hour on Express FM) saying he couldnt afford a full £1000 pledge nor did he have enough families or friend to make a pledge. He asked why the trust couldnt take donations of all sizes. Mark Trapani (Trust spokesman) responded by saying they (The Trust) would be asking for more money from all fans going forward as they can only raise so much income from hospitality and season ticket sales etc and they need more revenue to run the club. Link to comment Share on other sites More sharing options...
Gemmel Posted 10 September, 2012 Share Posted 10 September, 2012 Nabil Hassan @NabilHassan79 To those #pompey fans asking why Al Fahim is a 'fall back' option. Due to time constraints and the urgency in which a deal needs to be done. Nabil Hassan @NabilHassan79 #pompey Advanced nature of current talks between PST/Portpin/PKF, Al Fahim bid credibility and previous history may also come into equation Birch is playing down the saf bid with BBC reporters, citing time as the issue. Is that the same Trevor who gave the two other bidders another 2 weeks? Doesn't stack up (nothing new in that) but as it stands at the moment, he doesn't have any credible bids from portpin or the pst. The smell of fish is cranking up Link to comment Share on other sites More sharing options...
Thedelldays Posted 10 September, 2012 Share Posted 10 September, 2012 Al fahim really coming back??? LMFAO They should just go pop and get it out of the way Link to comment Share on other sites More sharing options...
S-Clarke Posted 10 September, 2012 Share Posted 10 September, 2012 This thread is probably the greatest thread on the entire internet. Link to comment Share on other sites More sharing options...
St Chalet Posted 10 September, 2012 Share Posted 10 September, 2012 This thread is probably the greatest thread on the entire internet. The bestest. Link to comment Share on other sites More sharing options...
Weston Super Saint Posted 10 September, 2012 Share Posted 10 September, 2012 FPMSFL Wasn't one of Corpse's 'sources' the caretaker's son? Well, this guy on POL is one step up that particular food chain, dealing with info straight from the horses mouth I could have posted what I am about to when I first got home this evening, but I have read through everything on this thread (after decorating that is) and it has taken a while. Please do not shoot the messenger, I am not claiming to be ITK, as I am as far from ITK as anyone else on here, I am just posting what I heard and was told today. I do not know his name, but the source of information is the maintenance man at Fratton Park. He came in to my place of work today to get a couple of things and asked me how he could go about setting up a "cash" account and what terms would he get. I told him the manager is on holiday and if he wants to come back when he is back on Monday, he would be happy enough to go through some prices with him then. I did not know at this point who he was, as it was only at this point he told me that he would want a cash account, at the moment, as he is not sure how good the arabs are at paying. I asked him if he was working for Arabs then, he said not at the moment, but will be in about 2 to 3 weeks. It was then that he told me he was the maintenance man at Fratton Park and they are looking at a place where to get their stuff from, as they have not been able to spend any money at all during the summer other than urgent necessities, but the staff have been told that they will be able to spend money in about 2 to 3 weeks and go and source places where they can get stuff from, which he was doing and why he wanted the account form. I am only letting people know what was said, that is exactly what he said and I am simply passing on the information, make of it what you will, as I said, please do not shoot the messenger, just saying what I heard. They say a fool and his money are easily parted, but these guys fall hook line and sinker for any old twaddle Link to comment Share on other sites More sharing options...
The Kraken Posted 10 September, 2012 Share Posted 10 September, 2012 :lol: To be fair on that thread, the Trust are starting to face some serious questioning in terms of the actual finances. Questions that aren't being answered all that convincingly. Perhaps the penny is starting to drop that the finances perhaps don't quite add up..... Link to comment Share on other sites More sharing options...
Micky Posted 10 September, 2012 Share Posted 10 September, 2012 So what with the new takeover well in place, the maintenance man looking to open accounts, they could pretty well be back in business and flying soon. So credible, I can see said maintenance worker just throwing liters of this down the drain: All their problems solved. Link to comment Share on other sites More sharing options...
eurosaint Posted 10 September, 2012 Share Posted 10 September, 2012 So what with the new takeover well in place, the maintenance man looking to open accounts, they could pretty well be back in business and flying soon. So credible, I can see said maintenance worker just throwing liters of this down the drain: All their problems solved. Not quite, that'll fix the fat in the pipes but the clock will still not be working !!! Link to comment Share on other sites More sharing options...
Clapham Saint Posted 10 September, 2012 Share Posted 10 September, 2012 I read it as another new company purchasing all of the assets from the administrator, including fat pipes at a price agreed with the debenture holder. Link to comment Share on other sites More sharing options...
Clapham Saint Posted 10 September, 2012 Share Posted 10 September, 2012 I read it as another new company purchasing all of the assets from the administrator, including fat pipes at a price agreed with the debenture holder. Oops that was supposed to be a reply to gemmel Link to comment Share on other sites More sharing options...
Saint in Paradise Posted 10 September, 2012 Share Posted 10 September, 2012 Quote "He came in to my place of work today to get a couple of things and asked me how he could go about setting up a "cash" account and what terms would he get." I would be amazed if that would be allowed by that company, surely by now any company dealing with pimpey must only trade with cash up front and not allow anything to go out of the door before money is handed over? . Link to comment Share on other sites More sharing options...
St Chalet Posted 10 September, 2012 Share Posted 10 September, 2012 (edited) This is quite clearly BS. If you want a 'cash' account, your terms are, guess what, wait for it, you've got it.... Cash. Might have been credible if he had asked for pricing or discount. I hear they initially knock off 80% in Skatesville, although that can become 99.6% Edited 10 September, 2012 by St Chalet Link to comment Share on other sites More sharing options...
sotonswan Posted 11 September, 2012 Share Posted 11 September, 2012 A song about an ice-cream man, and what some people will swallow when someone with money appears . . . http://www.youtube.com/watch?v=kj0INOEbPHQ Link to comment Share on other sites More sharing options...
Dark Munster Posted 11 September, 2012 Share Posted 11 September, 2012 As I see it, some anonymous characters have told Birch that they might be prepared to take the club on for the same pittance as Chinny, provided that they manage to acquire the surrounding Gaydamak land from the other administrator at a knock down price. Another property developer enters the fray. And it's fully supported by a non-binding letter from a bank which confirms that somebody in Dubai had $20m in the bank two weeks ago. As it has been said on here many times before, what could possibly go wrong? This has Chinny's/AA's fingerprints all over it. I guess they think that if Trevor won't be convinced with their bid, a Middle East ice cream consortium will do the trick instead. As they said of PT Barnum's victims, there's a sucker Born & co. every minute. Link to comment Share on other sites More sharing options...
Dark Munster Posted 11 September, 2012 Share Posted 11 September, 2012 Come on, 'fess up.... Which one of you plonked a tea-towel on your head and called Birchy, claiming to be from a Middle East consortium ??? Link to comment Share on other sites More sharing options...
Frank's cousin Posted 11 September, 2012 Share Posted 11 September, 2012 Them's underpants Munster - which given that the latest pompey takeover rumours are also likely to be a bunch of a rse, was quite clever Link to comment Share on other sites More sharing options...
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