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Pompey Takeover Saga


Fitzhugh Fella

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You can see the unbiased reporting on one of the most respected investigational journalists shine through. A thoroughly enjoyable read!

 

Onward to -10 points and a fan base of around 10k with a master tactician at the helm that managed to get the team to win at home against lowly S****horpe in the last few minutes of the game.

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@solentsport: #pompey have signed former QPR midfielder Akos Buzsaky on one month deal subject to clearance

 

@TonyHusbandBBC: @colinfarmery #pompey Great signing by Michael Appleton in bringing Akos Buszacky to Fratton Park if only for a month. Top creative talent.

 

Phew...and there was me getting worried that they weren't competitive enough already...

 

:facepalm:

Edited by trousers
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Quote of the day from POL

 

It's always funny to laugh at scummers. If I ever need cheering up about football issues, I think about the scummers

 

:facepalm:

 

Me too. Whenever I need cheering up about footballing issues, I think about our Premier League status, our superb academy, our excellent financial position.

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yeah, the insolvent trading and financial irregularities offences do seem to have paled in comparison with the money-laundering and charity thefts.

Perhaps the FL would like to address these lesser offences now and levy some suitable penalties - two division relegation?

 

Or are we still waiting the results of the promised but mythical forensic enquiry into how money was moved prior to Admin1?

So many offences, so few answers - even fewer sanctions.

 

As you say, it seems that nothing has materialised in all this time. So is the investigation finalised, but we have missed the reporting of the conclusions reached, or is it still continuing? If so, shouldn't inquiries be made as to why it is taking so long and questions asked about how much longer it will take?

 

I cannot recall correctly who were appointed to carry out this forensic examination at the behest of HMRC as a condition of them allowing the liquidation of Oldco.

 

Whover it was, could somebody among us make enquiries of those administrators asking for an update on how that forensic examination is progressing?

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They've offically signed Buszaky.

 

Funny that, Championship sides were after him not so long ago

 

 

Championship sides simply weren't interested. Why on earth would you take a month contract (on "hardly anything" according to appleton) if there was even the hint of a 12 month contract elsewhere?

 

if Forrest had wanted him they'd of signed him, the same goes for Bristol City.

Edited by Chez
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I think there is £8M to come, the recent £3M PP in the bank should be gobbled up by running costs and Trev.

So rather than the Trust spinning this wonderful £11M bonanza awaiting them, the lucky new owner will inherit a shortfall situation, as well as the debt repayments.

They will need to sprint to stand still.

exactly what I was thinking. £8m to come with £3m disappearing fast from the bank account. By the time the new owner is approved and PKF paid off it will be closer to £8m than £11m. Perhaps we're wrong. I can't imagine the PST have budgeted for £11m of PP to compliment their property developer loan and pledges.

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Matty Garland ‏@MattyGarland How the hell can pompey afford buzsaky and barnsley can't? Dodgy dealings going off again #SameOldSameOld

(Doncaster Rovers fan)

 

Blake Peterson ‏@blake2108 I'm still more ****ed off at Pompey getting Buzsaky than us bringing in a guy who I predict will add very little to the side. How Pompey?!

(Birmingham City fan)

 

J.A. Davies ‏@jakedaviez Buzsaky turns down Bristol City over wages and then joins Portsmouth...

(Bristol City fan)

 

NW9Ranger ‏@NW9Ranger Don't understand Buzsaky to Pompey at all still good enough to start for a lot of championship teams imo.

(QPR fan)

 

Andrew Alexander ‏@Edgwarehoops So Akos Buzsaky turned down a 1 year contract to play in the premiership for QPR, for a 1 month contract to play in league 1 at Pompey

(QPR fan)

 

Tom Simmonds ‏@TSimmo86 How the fudge have Pimpey signed Buzsaky? #meanttobeskint

(Leicester fan)

Edited by trousers
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Pompey fan talking about Mcleod missing a chance.

 

Yes it was, and from where we were sat (NSL), it looked like it was goal bound. Shame it didn't go in as it would have given him a major confidence boost. On that note, there were a few 'supporters' sat near us who were on his back from the start. It can't help a player getting that kind of negative abuse from his own support.

 

Yet another Portsea Island myth blown out of the water. Pompey fans never boo or abuse their own players...... yeah right!

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Great fibs of our time, volume 35.

 

I only carry a hammer in the car for DIY emergencies.

Peter Sutcliffe 1979

 

This US tour isn't costing the club a penny.

Cotterill 2011

 

No, that's just my wallet that you can feel.

Jimmy Saville 1978

 

This squad is worth £38M.

Storrie 2009

 

The whole tour is being paid for by their FA and a local businessman.

UnAppy 2012

 

I tend not to pick up hitchhikers, Rose doesn't approve.

Fred West 1980

 

I will pay the small creditors without delay.

Chinny 2010

 

That John Terry is a nice bloke.

Ashley Cole 2012

 

The charities have been paid, and I am a capable businessman.

Lumpitt 2010

 

and a late entry

 

Buzsaky hasn’t got any financial gain from it, he just wants to play football until January.

He would want to be paid hardly anything.

UnAppy today

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They've offically signed Buszaky.

 

Funny that, Championship sides were after him not so long ago

 

One of the few seems to get it.

 

It's the language used that interests me though. Appy says the guy will play for 'next to nothing'. That's open to interpretation - is that next to nothing compared to his QPR wages; or next to nothing compared to our current budget?

 

Just because Birch is holding the purse strings, would I be surprised if it turned out we've been lied to about how much players are being paid? Would I be surprised if there were some shady deals going on wherby new players were getting paid more than was going through PFC's books? Would I be surprised if the new players have been promised deferred salary payments if Portpin take over?

 

I know some will see this as the rantings of a deranged conspiracy theorist, but frankly when it comes to players salaries I won't believe a word we're told anymore.

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One of the few seems to get it.

 

Yep, he gets it....now all he needs to do is apply that same logic historically whereby he'll arrive at the point of denouncing their FA Cup "win". Or perhaps being retrospectively astute doesn't count in Pompeyland...

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This from the Snooze!!! Must have been be a nutjob writing this!!!! '

 

Fantastic signing other fans need to realise these players want to play for us we are a big club just look at the comments made my players they love it here (and it's not due to the wages) however why didn't we get Herman still don't understand that he wanted to play for nothing and we need him as cover now'

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Views from L1 fans on another forum:

 

Has Buzsaky really signed for Pompey then? What a disgrace. I'd love nothing more than to see them go under in all honesty, the way they've conducted themselves. It'd be a blessing in disguise for the supporters as well.

 

You're ****ting me? The FA need to impose their own wage cap on the club to stop them taking the ****, year in, year out

 

Luis Boa Morte apparently on trial as well. Yet again Pompey most likely splashing out the cash on ex Premier League players. Will they ever learn? (Rhetorical question, of course they won't)

 

That's ****ing unbelievable. We had to tolerate five years of signing people like Lewis McMahon for ****'s sake.

 

Yep, it's official.

 

He turned down Bristol City over wages and signs for Portsmouth on a one-month deal.

 

****ing cretins.

 

So unfair, what a joke the FA is. He'l rip this division a new piece.

 

Cheats

 

I'm confused, who is paying for these deals at Pompey?

 

Pompey have signed Buszaky?

This is turning into but of a joke now, a club in their state should be left with the bottom of the barrel league two rejects not out bidding championship sides for players, they're still in admin!

Does anyone even know who is paying for all these players.

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Views from L1 fans on another forum:

 

To be fair to Pompey ( :lol: ) they did say it was subject to Football League approval....ah....doh...that'll be the rubber stamp then...

 

Looking at the likes of Twitter etc I would venture that 95% of their fan base are lapping up this transfer...will they ever learn? Will they ****

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@daswarehaus: a must-read from @blueballoo2000 for #pompey fans. in fact, all fans. we're not cheating, we're being robbed... http://t.co/ZaSK3TgN

 

"All of the above is complex and for all I know is entirely legal and above board. The forthcoming Baker Tilly report should answer at least part of that question."

 

Assume he's referring to the much anticipated forensic accounts investigation?

Edited by trousers
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@daswarehaus: a must-read from @blueballoo2000 for #pompey fans. in fact, all fans. we're not cheating, we're being robbed... http://t.co/ZaSK3TgN

 

"All of the above is complex and for all I know is entirely legal and above board. The forthcoming Baker Tilly report should answer at least part of that question."

 

Assume he's referring to the much anticipated forensic accounts investigation?

 

Drebin-1.jpg

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Guys, I need some advice.

 

One of my mates from work is a Wycombe fan and has invited me (and a few others) to go with him to watch their match at P*mpey in the JPT a week Tuesday. Should I go?

 

On the one hand it'll be amusing to see how they're suffering first hand, but equally I'm not sure about putting my money in their pocket (although I think Wycombe get 50% share).

 

And Turkish: if I do go, what should I wear?

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Guys, I need some advice.

 

One of my mates from work is a Wycombe fan and has invited me (and a few others) to go with him to watch their match at P*mpey in the JPT a week Tuesday. Should I go?

 

On the one hand it'll be amusing to see how they're suffering first hand, but equally I'm not sure about putting my money in their pocket (although I think Wycombe get 50% share).

 

And Turkish: if I do go, what should I wear?

 

Go, and make sure you get a few chants of OWTSGMI and WTFILN going ;)

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Guys, I need some advice.

 

One of my mates from work is a Wycombe fan and has invited me (and a few others) to go with him to watch their match at P*mpey in the JPT a week Tuesday. Should I go?

 

On the one hand it'll be amusing to see how they're suffering first hand, but equally I'm not sure about putting my money in their pocket (although I think Wycombe get 50% share).

 

It depends. Are you the sort of person that would pay to see someone screw your ugly sister?

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Why don't the pimpey trust threaten legal action against TB for taking so long ?

 

The reason I ask is that this thread has really slowed down lately and needs a shot in the arm. :D

 

 

Talking of shots in the arm anyone else seen this :-

 

http://nz.news.yahoo.com/a/-/world/15005823/woman-caught-injecting-heroin-while-driving/

 

Abby Elsner, 25 of Dayton, Ohio had the misfortune of a cop pulling alongside her, just as she was giving herself a hit of scag.

 

According to the Dayton Daily News, the police officer looked up to see Elsner, arms up, knees on the steering wheel, a needle

loaded with heroin plunging in to her arm. :scared:

 

Wonder if she has any relatives from pimpey ?

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Why don't the pimpey trust threaten legal action against TB for taking so long ?

 

The reason I ask is that this thread has really slowed down lately and needs a shot in the arm. :D

 

 

Talking of shots in the arm anyone else seen this :-

 

http://nz.news.yahoo.com/a/-/world/15005823/woman-caught-injecting-heroin-while-driving/

 

Abby Elsner, 25 of Dayton, Ohio had the misfortune of a cop pulling alongside her, just as she was giving herself a hit of scag.

 

According to the Dayton Daily News, the police officer looked up to see Elsner, arms up, knees on the steering wheel, a needle

loaded with heroin plunging in to her arm. :scared:

 

Wonder if she has any relatives from pimpey ?

Dayton, Drayton, very little difference.

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Solent this morning were reporting that portpin had met with the football authorities yesterday , and that if they convinced them that they were 'fit and proper', PFC could come out of admin this week. I think at least one national paper reported this meeting yesterday too, though I've not heard of any outcome.

 

Meanwhile, where is Birch? There is deafening silence from PKF, and rumours that Birch has been quietly removed from the scene for 'going native' and following threats of legal action from Chainrai. Some posters on the News site say he was not in his usual place in the directors box for their last game

 

The fun could be hotting up!

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For the PTS record.....Just spotted that Pompey's parent company entered the liquidation phase last month....

 

http://www.london-gazette.co.uk/issues/60262/notices/1664971/all=%22convers+sports%22;sort=newest

Date: 10 September 2012 Issue Number: 60262 Page number: 17344 Publication Date: Monday, 10 September 2012

Notice Code: 2443

Appointment of Liquidators

Name of Company: CONVERS SPORTS INITIATIVES PLC.

Company Number: 07375628.

Address of Registered Office: Quadrant House, 4 Thomas More Square, London E1W 1YW.

Nature of Business: Funders of Sport Related Companies.

Type of Liquidation: Creditors.

 

Liquidators' Names and Address: Andrew Andronikou and Peter Kubik, UHY Hacker Young LLP, Quadrant House, 4 Thomas More Square, London E1W 1YW

 

Office Holder Numbers: 8806 and 9220.

Date of Appointment: 3 September 2012.

By whom Appointed: Exit route of Administration.

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http://www.fansnetwork.co.uk/football/portsmouth/fb_news.php

 

Since Portpin's decision to appoint Tavistock Communications as their PR company, we at least have someone to ask the questions of. I have so far collected in excess of 100 questions suggested by inquisitive Pompey fans. If there's a question you want us to ask, please send it hallrightnow@pompey-fans.com and we'll try to ask it. I have sent my first batch of 13 questions to Tavistock and I publish their reponses below.

The answers so far are none too illuminating of course. However, I will continue to ask the questions and publish approximately ten at a time.

1. Our sources suggest Daniel Azugi was heavily involved with Ron Mana in selling Ameris Holdings to Arcadi Gaydamak, frequently acting as a go-between for you and Arcadi. Do you still maintain you never met or heard of Daniel Azugi before October 2009? Portpin: No comment.

2. Approximately many times did you meet with Ron Mana and Yoram Yossifoff during this sale process? Portpin: No comment.

3. Who is Israel Cherchon and what percentage of Ameris Holdings did he own? Portpin: No comment.

4. When you held a lien over the assets of Betar Jerusalem, Daniel Azugi tried to extract money from the club and was very publicly rebuffed by Yitzchak Kornfein who told everyone connected with Betar this, held a press conference and gave a series of interviews. Do you still maintain that you never met or heard of Daniel Azugi before October 2009 even though he tried to remove money that was nominally yours? Portpin: No comment.

5. In 2004 Balram Chainrai denied any connection to Red Sea Hotels. If there had been any connection between Mr Chainrai and Red Sea Hotels they would have been required to declare it and make a hostile takeover bid for all the shares. Yoram Yossifoff, Mr Chainrai's long term friend helped finance Red Sea Hotels share purchase. Does Mr Chainrai wish to retract his earlier denial of collusion? Portpin: No comment.

6. What relationship did/does Portpin or any of its directors have with Moshe Dadash? Portpin: No comment.

7. On October 26th 2009 Levi Kushnir flatly denied any connection to Portsmouth Football Club saying "I've no connection to the club. These are just stupid rumours." He now claims to have loaned Portsmouth £17m 23 days earlier. Why didn't he tell the truth? Portpin: No comment.

8. Balram Chainrai denied any connection to Portsmouth Football Club prior to October 2009, but has since admitted transferring £2.5m, 50% of the purchase price, to Yoram Yossifoff in July. Why didn't he tell the truth? Portpin: No comment.

9. Directors of Portsmouth Football Club supplied the names Balram Chainrai and Levi Kushnir to the Premier League as prospective owners in July 2009, yet both denied any intention to purchase the club at any stage. Which group lied? Portpin: No comment.

10. How many parties did Balram Chainrai and Levi Kushnir attend at Ron Mana's house? Portpin: No comment.

11. When and how did you first meet Yoram Yossifoff? Portpin: No comment.

12. When and how did you first meet Ron Mana? Portpin: No comment.

13. Mr Chainrai recently categorically denied giving an interview to Matt Slater of the BBC. Does he maintain that this interview did not take place? If so, what action has he taken against Matt Slater and is he calling him a liar? Portpin: No comment.

I have sent the next batch of ten questions to Tavistock and hopefully I will be able to bring you some answers to those on Wednesday.

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http://www.portsmouth.co.uk/sport/pompey/pompey-past/buzsaky-tipped-to-tear-up-league-one-1-4322088

 

Buzsaky tipped to tear up League One

 

Pompey go in search of their first back-to-back league wins of the season as they travel to Yeovil.

 

The challenge for Appleton’s men is to use the confidence-boosting weekend success over S****horpe as a platform to do that against the Glovers.

 

The Blues will be taking on a side with brittle confidence after losing five games on the bounce.

 

Yes....maybe, just maybe, that's because they live within their means and don't cheat to stay "competitive".... :facepalm:

 

It reall does beggar belief that they are gloating about getting a player that other League One teams couldn't hope to attract with their budgets...

 

No, actually, I'll take that back....it's completely and utterly believable

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http://www.fansnetwork.co.uk/football/portsmouth/fb_news.php

Since Portpin's decision to appoint Tavistock Communications as their PR company, we at least have someone to ask the questions of. I have so far collected in excess of 100 questions suggested by inquisitive Pompey fans. If there's a question you want us to ask, please send it hallrightnow@pompey-fans.com and we'll try to ask it. I have sent my first batch of 13 questions to Tavistock and I publish their reponses below.

The answers so far are none too illuminating of course. However, I will continue to ask the questions and publish approximately ten at a time.

1. Our sources suggest Daniel Azugi was heavily involved with Ron Mana in selling Ameris Holdings to Arcadi Gaydamak, frequently acting as a go-between for you and Arcadi. Do you still maintain you never met or heard of Daniel Azugi before October 2009? Portpin: No comment.

2. Approximately many times did you meet with Ron Mana and Yoram Yossifoff during this sale process? Portpin: No comment.

3. Who is Israel Cherchon and what percentage of Ameris Holdings did he own? Portpin: No comment.

4. When you held a lien over the assets of Betar Jerusalem, Daniel Azugi tried to extract money from the club and was very publicly rebuffed by Yitzchak Kornfein who told everyone connected with Betar this, held a press conference and gave a series of interviews. Do you still maintain that you never met or heard of Daniel Azugi before October 2009 even though he tried to remove money that was nominally yours? Portpin: No comment.

5. In 2004 Balram Chainrai denied any connection to Red Sea Hotels. If there had been any connection between Mr Chainrai and Red Sea Hotels they would have been required to declare it and make a hostile takeover bid for all the shares. Yoram Yossifoff, Mr Chainrai's long term friend helped finance Red Sea Hotels share purchase. Does Mr Chainrai wish to retract his earlier denial of collusion? Portpin: No comment.

6. What relationship did/does Portpin or any of its directors have with Moshe Dadash? Portpin: No comment.

7. On October 26th 2009 Levi Kushnir flatly denied any connection to Portsmouth Football Club saying "I've no connection to the club. These are just stupid rumours." He now claims to have loaned Portsmouth £17m 23 days earlier. Why didn't he tell the truth? Portpin: No comment.

8. Balram Chainrai denied any connection to Portsmouth Football Club prior to October 2009, but has since admitted transferring £2.5m, 50% of the purchase price, to Yoram Yossifoff in July. Why didn't he tell the truth? Portpin: No comment.

9. Directors of Portsmouth Football Club supplied the names Balram Chainrai and Levi Kushnir to the Premier League as prospective owners in July 2009, yet both denied any intention to purchase the club at any stage. Which group lied? Portpin: No comment.

10. How many parties did Balram Chainrai and Levi Kushnir attend at Ron Mana's house? Portpin: No comment.

11. When and how did you first meet Yoram Yossifoff? Portpin: No comment.

12. When and how did you first meet Ron Mana? Portpin: No comment.

13. Mr Chainrai recently categorically denied giving an interview to Matt Slater of the BBC. Does he maintain that this interview did not take place? If so, what action has he taken against Matt Slater and is he calling him a liar? Portpin: No comment.

I have sent the next batch of ten questions to Tavistock and hopefully I will be able to bring you some answers to those on Wednesday.

Helpful buggers aren't they?

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I'm a little undecided on what could be funnier, Portpin taking control, or the Trust.

 

They both have massive comedic potential.

I suspect Chinny COULD offer better prospects for progress on the field as he does have some money, but he will also split the few into even fewer.

They will Unpack the Park - which shouldn't take too long.

 

Best deal for Nutjobs is probably the loan shark retaking control and offloading all overpaid players at the end of the first month.

That would send a signal out to those who think he isn't serious about getting them out of the division at the first attempt.

But he needs the team to generate some money, he needs a level of success, so I fear he'll stick with the plucky squad which is living off squirrels and cycling to away games.

 

 

And what could become of UnAppy who slagged him off, and the Trust's PR partner The News?

Both might find themselves no longer welcome at Fortress Fatpipes under a Portpin regime.

Especially as they have appointed a PR company which has cleared up so many points from that post above.

Communication is key, and Chinny has obviously embraced open government.

 

The alternative to the return of the former hero must be a messy and drawn out bitter legal wrangle that allows the Trust to take control of a business that will by then have spent a fortune on extended admin.

They would also need to cough up for the ground.

 

Looking at it that way, the best deal for the few is in reality, probably the loan shark.

If they really love the club they may have to just let it go - to fight for it could be hugely damaging and no one would emerge unscathed.

 

Methinks Chinny has all the aces, the Trust has an out-of-date library card, and Mrs Bun the baker's wife.

 

So Birch has a selection problem - but at £9K a day he can probably sleep on it a few more times before it becomes unbearable.

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In this week's episode of "You Couldn't Make It Up"......Pompey are officially more important than England....

 

http://www.portsmouth.co.uk/sport/pompey/pompey-past/appleton-explains-webster-england-snub-1-4322137

Pompey have had to snub England interest in Adam Webster.

 

The home-grown product had been on standby for Noel Blake’s under-19 team’s matches against Estonia and the Faroe Islands last week.

 

On the eve of the trip to Notts County, Michael Appleton was contacted by former Pompey defender Blake over his desire to give Webster a full call-up.

 

It would have been the 17-year-old’s first-ever involvement in the international set-up.

 

But with Appleton’s paper-thin squad then numbering below 20, the Blues boss had to decline.

Edited by trousers
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Fartoniser is STILL claiming he knows who all the faacckinnn scummaahhs are :facepalm:

 

Christchurchblue said:

At least two of the people who post regularly are scummers.

Frattoniser said:

Yep, that is true, had a conflict with what I think is one earlier

 

Christchurchblue said:

Its easy to to see (they never have an opinion on the football) but hard to prove.

Frattoniser said:

True again, but we're almost there

 

Christchurchblue said:

They need finding and dumping.

Frattoniser said:

Already on it, but equally it's sweetest when served cold

 

:lol: :lol: :facepalm:

 

Very very tempted to tease him on twitter, but it might give myself away so I won't :D

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He he, I saw that one this morning. Scumfinder General really doesn't realise how poor he is at his self-appointed role, does he?!

 

I'm still there, as are seemingly quite a few others. Do let us know when you think you've caught us though Fratts; I'm not sure if its the fact that you clearly love it so much ("best fun I've had in ages" I think you described it as) or the fact that your scatter gun approach has probably snared as many genuine Pompey fans as it has fackin scummahs. And, not least, that you haven't yet found "the one we really wanted".

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In this week's epiisode of "You Couldn't Make It Up"......Pompey are officially more important than England....

 

http://www.portsmouth.co.uk/sport/pompey/pompey-past/appleton-explains-webster-england-snub-1-4322137

 

So this 17-year old youth player who's not getting a game for a bankrupt lower-league team is good enough to be selected for the same England U-19 squad that includes our 17-year old youth player who's playing regular Premier League football!!

 

Another rule-bending ploy to artificially limit the squad numbers to allow the signing of Championship-quality players on silly money, methinks?

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