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Pompey Takeover Saga


Fitzhugh Fella

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So in other words, if they don't get some non-loan investment in the next month then they are completely fúckt. Cheers for teh info.

 

Pay day is not that far away either,so if you add on the wages that are going to be have to be paid they are going to need a substantial investment or sell playing staff sharpish.

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:confused:

 

-1

 

**** 'em.

 

+1 or should that be -1.

 

Either way.. I agree with this sentiment.

 

****** to being all nicey nicey, it was going to happen to a football club sooner or later, Football clubs are not immune.

So it may as well be them fookers.

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James should get enough for the wages, and Kaboul for the tax man.

 

They could still get to the end of the season.

 

No way will they get 2m+ for James. And what about the 9m due to Gaydamak this month...?

 

By the way, more court action tomorrow. This time it's Mr Storrie up before the City of Westminster Magistrates' court...

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No way will they get 2m+ for James. And what about the 9m due to Gaydamak this month...?

 

By the way, more court action tomorrow. This time it's Mr Storrie up before the City of Westminster Magistrates' court...

 

Reckon they will be lucky to get anything for James, think they will be happy just to save his wages.

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So, Storrie-tellers vision of taking the club to a level you couldn't quite believe is finally being realised then!

 

Or

 

This must be the good news Jacobs crackers was alluding to a few weeks ago!

 

+1 or should that be -1.

 

Either way.. I agree with this sentiment.

 

****** to being all nicey nicey, it was going to happen to a football club sooner or later, Football clubs are not immune.

So it may as well be them fookers.

 

On the contrary, we could have more fun by 'helping' the skates in their hour of need...

 

Why don't we put a few buckets outside the toilets at sms, show them what a kind and considerate bunch we are, raise a ton or so, buy them a cake or send them a duck like old Mandarich did...This will wind them up more than any insult or sniping on message boards.

 

People lose their temper by watching you maintain yours!

 

We also have an extensive contacts book, Barry briefcase, LLS, HMR, Lynam, Fialka, Jackson etc, who im sure CDAJFT

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Agent Redkn*pp that is all we need to say! Loved the fact he was dining out with Rudd Van Nostrolroys agent in a plush London eaterie as The Skates are drinking in the Last Chance Saloon! "WE CAN SEE YOU GOING BUST" Please someone make a witty banner to take to MK showing their plight!

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Watching South Today and it just goes to show how deluded some of them are. One of them stated..

 

"I can't see it happening, the fanbase here is just too strong... I can't see it happening.."

 

That's the fanbase that has "packed" Fratton park to the rafters each week eh? The fanbase that half filled Fratton for a home cup game knowing full well that they were struggling to even pay the players wages....

 

It's that sort of deluded behaviour that has got them where they are now...[/QUOTE]

 

 

Sounds familiar.

Reminds me of another south coast club who's fans deserted when times were desperate.

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The -9 is just for going into administration, and more will follow if they don't get out of it with a clean bill of health.

 

The real fun lies in the fraud charges against Saggy, Storrie & Mandaric. If any or all of them get found guilty, then the -ve points should really start to mount up.

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It would be a decent thing if Saints fans showed a bit of class and did not go onto their sites to rub it in.

Those lads are decent football fans, and whilst they dislike us they will be hurting.

They love their club like we do ours and so should refrain .

I know it is not the end but ...

 

Nice sentiments, but it would appear that there are some of our fans (mongs) who cannot wait to get in there and twist the knife:

 

http://www.fansonline.net/portsmouth/mb/view.php?id=222420

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I don't think this Jacobs guy quite understands the seriousness of it all. He might be able to blag time from the PL with empty promises and have a club or two write on a piece of paper that they will not ask for payment until xyz. But to try that with the government and the law of the country was never going to work.

 

So they now HAVE to pay £7.5m to the taxman by February the 10th and the case will be dropped. If they don't they will have to go to court and argue their case. That means every single penny that came into the club or went out of the club will be looked over with a magnifying glass. If some of the people connected to the club are on individual charges it does not take a genius to work out that it is very likely they have got something on them. They were not going to go "oh yeah your right, our bad, we were a few million out".

 

Portsmouth owe £3m to other clubs and have to pay the wages again in a couple of weeks. Meaning they need to find a total of £12m in the next 22 days just to be doing what they are doing now. If they can't sell any players or reduce the bill by loads then the only hope they have is someone putting that money in from their own pocket. With this announcement i think no bank will loan them any money as they realise they have no financial manouvability left. If they lend anything and the tax bill is uphold they will have lost it instantly.

 

I think it is safe to say they are now about 99.9% likely to go into admin by this time next month unless someone puts the money in themselves.

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I don't think this Jacobs guy quite understands the seriousness of it all. He might be able to blag time from the PL with empty promises and have a club or two write on a piece of paper that they will not ask for payment until xyz. But to try that with the government and the law of the country was never going to work.

 

So they now HAVE to pay £7.5m to the taxman by February the 10th and the case will be dropped. If they don't they will have to go to court and argue their case. That means every single penny that came into the club or went out of the club will be looked over with a magnifying glass. If some of the people connected to the club are on individual charges it does not take a genius to work out that it is very likely they have got something on them. They were not going to go "oh yeah your right, our bad, we were a few million out".

 

Portsmouth owe £3m to other clubs and have to pay the wages again in a couple of weeks. Meaning they need to find a total of £12m in the next 22 days just to be doing what they are doing now. If they can't sell any players or reduce the bill by loads then the only hope they have is someone putting that money in from their own pocket. With this announcement i think no bank will loan them any money as they realise they have no financial manouvability left. If they lend anything and the tax bill is uphold they will have lost it instantly.

 

I think it is safe to say they are now about 99.9% likely to go into admin by this time next month unless someone puts the money in themselves.

 

I think it may come down to how much they can make by selling players in the next couple of weeks. A few good sales and they could probably pay HMRC and make their other debts that are due (depending if gady junior pushes for his payment) but effectively leaving them with nothing in the locker in terms of assets but the football franchise, for lack of a better term, and that's not really something you can get a loan against.

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Agent Redkn*pp that is all we need to say! Loved the fact he was dining out with Rudd Van Nostrolroys agent in a plush London eaterie as The Skates are drinking in the Last Chance Saloon! "WE CAN SEE YOU GOING BUST" Please someone make a witty banner to take to MK showing their plight!

 

Double Agent Redknapp, did what we asked after getting us relegated, went back and overspent :-)

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I have just had a thought, I had a good few quid on them to get relegated this season... if they go out of business completely i bet the bookies wont pay out... as its not relegation.

 

So can we all wish for their impending death to drag out for at least another 6 months

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maybe they used one of those 'no win, no fee' type companies!

 

Ha, what lawyer would have agreed to that?

 

Skate: 'We want to sue the taxman'

Lawyer: 'Sure thing, no win, no fee, subject to the usual paperwork....'

 

 

Disclaimer, at the outcome of the legal action, result irresepective, and hereforth negating, and superseeding all other claims of ownership, or loans secured against, the property, known and agreed by all parties to be 'Fratton Park', and all surrounding land which is still owned by the represented party, irresepective of any other claimants, or securites against the aforementioned possession, will, subject to English Law, become the sole possession, of Conartist and Co Solicitors.'

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It would be a decent thing if Saints fans showed a bit of class and did not go onto their sites to rub it in.

Those lads are decent football fans, and whilst they dislike us they will be hurting.

They love their club like we do ours and so should refrain .

I know it is not the end but ...

 

You know Nick, I could almost go along with that if I hadn't read some of the comments on the skatesites when we were in trouble. There was a sizeable amount of Pompey fans on there just loving our predicament and wishing us out of business...

 

Bet they're rather quiet right now...

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Could an Admin please change the title of this thread to "The Last Days of Pompeii"... surely the time has now arrived for this subtle change!

 

Alternatively, "Up Pompeii" might be more appropriate, after all we only need Frankie Howard to now make this farce complete!!

 

 

PS Good luck to the nice lads from HMRC for the 10th, and to triple agent Redknapp congratulations on a job well done, you deserve a nice break after such sterling service... shall we say 5 to 10 maybe?

:D :D :D

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don't forget that they may well end up having to pay legal costs for this appeal as well, considering they've just lost it.

 

The High Court isn't exactly cheap.

Not massive.

 

Advice briefs will be about £500 each.

 

Solicitor costs at £300 per hour - Jacob will likely waive his

 

Brief fee for court hearing about £4,000 each unless QC's used then about £8,000 each for the first day with a likely second day refresher at £2,000 each.

 

Reckon about £35,000 all in

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More bad news for the Skates tomorrow in Court 7 at the Southwark Crown Court.

http://www.courtserve.net/courtlists/current/crown/sthwk_T100120.01.htm

 

 

Daily List for Wednesday 20 January 2010 at English Grounds, off Battlebridge Lane Court 7 - sitting at 10:00 AM

 

BEFORE: HIS HONOUR JUDGE TESTAR

Plea and Case Management

T20097808

STORRIE Peter J

48C23015506

 

 

As there is another case at 10:30 I think this is no more than the "plea" and the trial will be set for a later date, however I may be wrong.

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You know Nick, I could almost go along with that if I hadn't read some of the comments on the skatesites when we were in trouble. There was a sizeable amount of Pompey fans on there just loving our predicament and wishing us out of business...

 

Bet they're rather quiet right now...

I know Daren but a lot of them are just unfortunate that they were born on the wrong side of Hampshire. They in the main are just like us, passionate football fans. Mixed with a lot of thickos of course

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More bad news for the Skates tomorrow in Court 7 at the Southwark Crown Court.

http://www.courtserve.net/courtlists/current/crown/sthwk_T100120.01.htm

 

 

Daily List for Wednesday 20 January 2010 at English Grounds, off Battlebridge Lane Court 7 - sitting at 10:00 AM

 

BEFORE: HIS HONOUR JUDGE TESTAR

Plea and Case Management

T20097808

STORRIE Peter J

48C23015506

 

 

As there is another case at 10:30 I think this is no more than the "plea" and the trial will be set for a later date, however I may be wrong.

Correct, not the trial. He will be asked his plea which will be not guilty and then the Judge will set a time line for certain things to happen by certain dates.
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So, Storrie-tellers vision of taking the club to a level you couldn't quite believe is finally being realised then!

 

Or

 

This must be the good news Jacobs crackers was alluding to a few weeks ago!

 

 

 

On the contrary, we could have more fun by 'helping' the skates in their hour of need...

 

Why don't we put a few buckets outside the toilets at sms, show them what a kind and considerate bunch we are, raise a ton or so, buy them a cake or send them a duck like old Mandarich did...This will wind them up more than any insult or sniping on message boards.

 

People lose their temper by watching you maintain yours!

 

We also have an extensive contacts book, Barry briefcase, LLS, HMR, Lynam, Fialka, Jackson etc, who im sure CDAJFT

 

How about delivering one of these to Mr Story Teller with love from SWF

 

Toy-Camel-C0119-.jpg

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Reminds me of another south coast club who's fans deserted when times were desperate.

 

Difference being we were a Championship side languishing in the bottom half of the table after numerous **** ups by Lowe and co... People were fed up and tired of the fact that Lowe had come back to the club he took down and had yet again ****ed it up...

 

If fans stayed away, who could blame them?

 

Pompey on the other hand are still in the Premiership. The first sign of any trouble and they don't just desert the sinking ship, they fling themselves off it...

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Difference being we were a Championship side languishing in the bottom half of the table after numerous **** ups by Lowe and co... People were fed up and tired of the fact that Lowe had come back to the club he took down and had yet again ****ed it up...

 

If fans stayed away, who could blame them?

 

Pompey on the other hand are still in the Premiership. The first sign of any trouble and they don't just desert the sinking ship, they fling themselves off it...

 

they were always a small time club and are just going back to their level which is lower half of championship or league 1.

at least they can have another 100 years talking about their memories of the good old days.

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Difference being we were a Championship side languishing in the bottom half of the table after numerous **** ups by Lowe and co... People were fed up and tired of the fact that Lowe had come back to the club he took down and had yet again ****ed it up...

 

If fans stayed away, who could blame them?

 

Pompey on the other hand are still in the Premiership. The first sign of any trouble and they don't just desert the sinking ship, they fling themselves off it...

 

 

not to mention the fact that our average crowd in a truly awful season in the CCC was not far short of theirs in the PL this season.

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