Katalinic Posted 13 December, 2012 Share Posted 13 December, 2012 (edited) Brilliant - just got up and read the last 3 pages. The window behind Day 13 of the PDT Advent Calendar is the best yet. Edited 13 December, 2012 by Katalinic Link to comment Share on other sites More sharing options...
trousers Posted 13 December, 2012 Share Posted 13 December, 2012 Exciting stuff.... @pn_neil_allen: Just been wished good luck and waved off by my #Pompey supporting neighbour. Portpin, that is what this club means to people. Link to comment Share on other sites More sharing options...
Danbert Posted 13 December, 2012 Share Posted 13 December, 2012 @NabilHassan79: Just to clarify, PKF have requested adjournment, up to the Judge to grant it tomorrow at 10.30am. Portpin ready to proceed I think this strongly suggests that the problem is that there simply aren't anything like enough pledges in place to make the PST bid a goer. Link to comment Share on other sites More sharing options...
TopGun Posted 13 December, 2012 Share Posted 13 December, 2012 Exciting stuff.... @pn_neil_allen: Just been wished good luck and waved off by my #Pompey supporting neighbour. Portpin, that is what this club means to people. Mr Allen's going to be in a spot of bother if Portpin make a comeback. Link to comment Share on other sites More sharing options...
trousers Posted 13 December, 2012 Share Posted 13 December, 2012 @solentsport: Bob Beech of SOS Pompey fans group speaking live on BBCR5 this morning http://t.co/6mVeuetY via @audioboo Link to comment Share on other sites More sharing options...
trousers Posted 13 December, 2012 Share Posted 13 December, 2012 Mr Allen's going to be in a spot of bother if Portpin make a comeback. They all have the memory span of a goldfish down there so no one will remember who said what and when... Link to comment Share on other sites More sharing options...
trousers Posted 13 December, 2012 Share Posted 13 December, 2012 I think this strongly suggests that the problem is that there simply aren't anything like enough pledges in place to make the PST bid a goer. Whilst that's true, I don't see that being a reason to pull the court case. All PKF are asking the judge to do is agree with the Trust's valuation of the ground. Actually being able to afford to pay that valuation is the next step, not this one. To me it smacks of PKF getting wind of some Portpin 'evidence' which puts into doubt the valuation he's fighting for... Link to comment Share on other sites More sharing options...
trousers Posted 13 December, 2012 Share Posted 13 December, 2012 @NabilHassan79: This is how things stand with #Pompey as I head off to the High Court to cover the case. Will tweet updates: http://t.co/Kn7XBoAB Link to comment Share on other sites More sharing options...
PhilippineSaint Posted 13 December, 2012 Share Posted 13 December, 2012 Whilst that's true, I don't see that being a reason to pull the court case. All PKF are asking the judge to do is agree with the Trust's valuation of the ground. Actually being able to afford to pay that valuation is the next step, not this one. To me it smacks of PKF getting wind of some Portpin 'evidence' which puts into doubt the valuation he's fighting for... Something like a firm offer from a retail outfit of 6 Million for the place ? Link to comment Share on other sites More sharing options...
ALWAYS_SFC Posted 13 December, 2012 Share Posted 13 December, 2012 Problems at pkf Link to comment Share on other sites More sharing options...
pedg Posted 13 December, 2012 Share Posted 13 December, 2012 Mr Allen's going to be in a spot of bother if Portpin make a comeback. Stay warm in the current cold snap by burning your bridges! Link to comment Share on other sites More sharing options...
rallyboy Posted 13 December, 2012 Share Posted 13 December, 2012 we moved pretty quickly from the tubthumping 'Chanrai knows the game is up and has had to settle' to 'PKF have realised that their case is falling apart'. Perhaps the truth is somewhere in between, but closer to the latter! The court won't be interested in some random bloke in the public gallery spouting off about what he could do if appointed administrator, surely any Portpin gripe with Birch is irrelevant to the land case? Ditto Birch and the Trust funding. He doesn't care how much they've got, his job is to deliver the ground for £2.75M - it's up to them after that. If he gets his adjournment then I reckon the PDT deadline for being in full control of the club before Christmas might be getting a little bit tight... But on a brighter note, plenty more fees draining out of plucky Guy's promotion warchest. Trev's family will do alright on Christmas day - I bet he kept himself one of those blue Santa suits - yes kids, pompey paid for all of this! Anyone for more swan? Link to comment Share on other sites More sharing options...
saint lard Posted 13 December, 2012 Share Posted 13 December, 2012 Ok I'll admit it....I really can't keep up with the farcical goings on with that lot. Panto season is in full swing it seems. the embarrassing saga just rolls on and on. Link to comment Share on other sites More sharing options...
dvaughanwilliams Posted 13 December, 2012 Share Posted 13 December, 2012 So, it looks like Chinny wasn't going to contest the case based on valuation, but based on whether it is right for the administrator to make the sale out form under his charge at all. If he can go to court and demonstrate that his offer for the club is substantially the same as the PDT, why does the sale need to be made at all, at any valuation? If he can show that his bid has not been treated fairly and that the PDT bid offers creditors nothing better than his bid, I don't see what PKF/PDT can say against this. Now, if Chinny had failed the Owners and Directors test, then his case doesn't stand up. Given that PKF have requested the adjournment, it seems that they don't have an answer. Link to comment Share on other sites More sharing options...
sidthesquid Posted 13 December, 2012 Share Posted 13 December, 2012 Worth reading (and that's not something I say often about the Mail!), for a summary of the Guilfoyle/Portpin side of events http://www.dailymail.co.uk/sport/football/article-2247268/Portsmouth-FC-future-clouded-uncertainty.html Link to comment Share on other sites More sharing options...
rooney Posted 13 December, 2012 Share Posted 13 December, 2012 Argyle Supporters did not think much of Guilfoyle when he handled the Administration down at Plymouth. He gave exclusivity rights to the Chairman of Truro FC whom the world and his wife knew did not have the wherewithall to purchase. I believe Guilfoyle had to refund some of his admin. fees. Link to comment Share on other sites More sharing options...
sussexsaint Posted 13 December, 2012 Share Posted 13 December, 2012 Worth reading (and that's not something I say often about the Mail!), for a summary of the Guilfoyle/Portpin side of events http://www.dailymail.co.uk/sport/football/article-2247268/Portsmouth-FC-future-clouded-uncertainty.html Ok I am beyond lost now - how can Baloo dictate who is admin when Birch was appointed by a judge? Link to comment Share on other sites More sharing options...
View From The Top Posted 13 December, 2012 Share Posted 13 December, 2012 I'm totally lost about WTF is going on! Link to comment Share on other sites More sharing options...
Ken Tone Posted 13 December, 2012 Share Posted 13 December, 2012 Ok I am beyond lost now - how can Baloo dictate who is admin when Birch was appointed by a judge? He can't. Though he could go to the (different) court and claim as a creditor that PKF are failing in their duties as administrators, and ask for a different one to be appointed, giving Guilfoyle as an example of "one I've prepared earlier". At the moment he appears to be simply followong the Goebbels approach to p.r., in the same way as the trust have. By 'eck it's fun though, ain't it fellow nutjobs? Link to comment Share on other sites More sharing options...
Ken Tone Posted 13 December, 2012 Share Posted 13 December, 2012 I'm totally lost about WTF is going on! Much the same as the trust then! Link to comment Share on other sites More sharing options...
pedg Posted 13 December, 2012 Share Posted 13 December, 2012 When PKF ask for an adjournment do they have to do so in front of the court and do they have to give a reason? Link to comment Share on other sites More sharing options...
Sevvy Posted 13 December, 2012 Share Posted 13 December, 2012 http://www.newsnow.co.uk/A/615383056?-11209:804 A care in the community coach containing the bestest 50 is on its way. Link to comment Share on other sites More sharing options...
Gorgiesaint Posted 13 December, 2012 Share Posted 13 December, 2012 When PKF ask for an adjournment do they have to do so in front of the court and do they have to give a reason? They certainly will need to give the judge the reason for wanting an adjournment, but I reckon this won't be done in open court - i.e. no-one bar the judge and legal teams will be there so the public won't necessarily find out the reason. Link to comment Share on other sites More sharing options...
dubai_phil Posted 13 December, 2012 Share Posted 13 December, 2012 Cannot understand how thick TB has been here. He went with emotion. The only bid self imposed deadlines. Then refused to talk to anyone else. ALL Chinny needs in court to destroy PKF & maybe get the fees back is correspondence between a bidder & Chinny and phone logs. Naive arrogance maybe but could be he in real trouble Sent from my HTC One X using Tapatalk 2 Link to comment Share on other sites More sharing options...
Danbert Posted 13 December, 2012 Share Posted 13 December, 2012 Whilst that's true, I don't see that being a reason to pull the court case. All PKF are asking the judge to do is agree with the Trust's valuation of the ground. Actually being able to afford to pay that valuation is the next step, not this one. To me it smacks of PKF getting wind of some Portpin 'evidence' which puts into doubt the valuation he's fighting for... You may well be right but, I think the number of pledges would have a bearing - the PST made a big deal about the fact that they needed people to make their 1000 pound donation prior to the court case, it is after all the PST which will be buying the thing in order to run the club. Link to comment Share on other sites More sharing options...
TopGun Posted 13 December, 2012 Share Posted 13 December, 2012 Cannot understand how thick TB has been here. He went with emotion. The only bid self imposed deadlines. Then refused to talk to anyone else. ALL Chinny needs in court to destroy PKF & maybe get the fees back is correspondence between a bidder & Chinny and phone logs. Naive arrogance maybe but could be he in real trouble Sent from my HTC One X using Tapatalk 2 Went native under pressure. To the detriment of PKF and the PST. Link to comment Share on other sites More sharing options...
trousers Posted 13 December, 2012 Share Posted 13 December, 2012 @pn_neil_allen: Deepak Chainrai has turned up. #Pompey Link to comment Share on other sites More sharing options...
PhilippineSaint Posted 13 December, 2012 Share Posted 13 December, 2012 You may well be right but, I think the number of pledges would have a bearing - the PST made a big deal about the fact that they needed people to make their 1000 pound donation prior to the court case, it is after all the PST which will be buying the thing in order to run the club. I think you will find it is one of the Property developers that will buy the ground and are using the PST as an excuse to get it as low as possible. they will then rent it to the untrustworthy at an extortionate amount after the first three years therefore allowing the trust to go tits up again and them being able to re-develope some real estate. Link to comment Share on other sites More sharing options...
TopGun Posted 13 December, 2012 Share Posted 13 December, 2012 I'm going to get bugger all work done in the next couple of hours :-) Link to comment Share on other sites More sharing options...
trousers Posted 13 December, 2012 Share Posted 13 December, 2012 @pn_neil_allen: Trevor Birch has now also turned up. Separately to Portpin. #Pompey What, really? You mean they didn't share a taxi, them being best buddies and all that...? Link to comment Share on other sites More sharing options...
fanimal Posted 13 December, 2012 Share Posted 13 December, 2012 Proably as simple as the PST Valuer is not prepared to stand up in Court and swear the oath! So, the 4 or 5 of us who were proposing to meet at the George shall we decide when the situation is clearer later today/tomorrow morning? Link to comment Share on other sites More sharing options...
trousers Posted 13 December, 2012 Share Posted 13 December, 2012 @pn_neil_allen: Debating whether Kushnir is also here. Was due to give witness statement. Nobody sure what he looks like though! #Pompey Link to comment Share on other sites More sharing options...
Patrick Bateman Posted 13 December, 2012 Share Posted 13 December, 2012 http://www.newsnow.co.uk/A/615383056?-11209:804 A care in the community coach containing the bestest 50 is on its way. Well I went past on the 341 bus at about 09.20 and didn't see anyone there, except that Neil Allen. There were more people putting up banners about some Cyprus homes con (I haven't the foggiest), so I suspect the Skates' support will be the smaller one there ... again ... Link to comment Share on other sites More sharing options...
trousers Posted 13 December, 2012 Share Posted 13 December, 2012 @pn_neil_allen: Spoken to PKF spokesman. Lips are still sealed on details. An adjournment will be asked for. Portpin would have to agree though. #Pompey Good luck with getting Portpin's buy in... Link to comment Share on other sites More sharing options...
suewhistle Posted 13 December, 2012 Share Posted 13 December, 2012 Just off out to do some food shopping. Back later for more laughs; I wonder what page we'll be on... Lile so many (!) I haven't a clue what's going on, but I've a feeling the pot is going to boil over... Link to comment Share on other sites More sharing options...
CB Saint Posted 13 December, 2012 Share Posted 13 December, 2012 Well I went past on the 341 bus at about 09.20 and didn't see anyone there, except that Neil Allen. There were more people putting up banners about some Cyprus homes con (I haven't the foggiest), so I suspect the Skates' support will be the smaller one there ... again ... Surely not as few as this... http://www.bbc.co.uk/news/world-europe-20700529 Link to comment Share on other sites More sharing options...
hypochondriac Posted 13 December, 2012 Share Posted 13 December, 2012 If they do get it adjourned surely it will be after January? Means they stay on the month to month contracts so league two is almost a certainty. Link to comment Share on other sites More sharing options...
trousers Posted 13 December, 2012 Share Posted 13 December, 2012 @pn_neil_allen: All parties filtering into court now. Remember, reasons must be given in court for the adjournment requests. #Pompey Link to comment Share on other sites More sharing options...
andysstuff Posted 13 December, 2012 Share Posted 13 December, 2012 @pn_neil_allen: All parties filtering into court now. Remember, reasons must be given in court for the adjournment requests. #Pompey He tight, could be a bumpy ride. Link to comment Share on other sites More sharing options...
Gruffalo Posted 13 December, 2012 Share Posted 13 December, 2012 @NabilHassan79: Sat inside court 17 at the High Court, Trevor Birch here from administrator's PKF. Deepak Chainrai here on behalf of brother Balram. Link to comment Share on other sites More sharing options...
trousers Posted 13 December, 2012 Share Posted 13 December, 2012 @pn_Rory_McKeown: Levi Kushnir here too. Link to comment Share on other sites More sharing options...
trousers Posted 13 December, 2012 Share Posted 13 December, 2012 @pn_Rory_McKeown: PKF legal team in discussion. One minute til judge walks in. #Pompey Link to comment Share on other sites More sharing options...
sussexsaint Posted 13 December, 2012 Share Posted 13 December, 2012 Link to comment Share on other sites More sharing options...
Clapham Saint Posted 13 December, 2012 Share Posted 13 December, 2012 He can't. Though he could go to the (different) court and claim as a creditor that PKF are failing in their duties as administrators, and ask for a different one to be appointed, giving Guilfoyle as an example of "one I've prepared earlier". At the moment he appears to be simply followong the Goebbels approach to p.r., in the same way as the trust have. By 'eck it's fun though, ain't it fellow nutjobs? This. I'm looking forward to hearing Portpins argument as to why TB has failed in his duties. Link to comment Share on other sites More sharing options...
trousers Posted 13 December, 2012 Share Posted 13 December, 2012 @pn_neil_allen: Some members of @SOSPompey have just turned up. A rude word from @CarlSpangled was said towards Mr Kushnir. #Pompey Classy as ever... Link to comment Share on other sites More sharing options...
trousers Posted 13 December, 2012 Share Posted 13 December, 2012 @pn_neil_allen: And we're off.. #Pompey Link to comment Share on other sites More sharing options...
Minty Posted 13 December, 2012 Share Posted 13 December, 2012 @pn_neil_allen: Some members of @SOSPompey have just turned up. A rude word from @CarlSpangled was said towards Mr Kushnir. #Pompey Classy as ever... 10 nutjob points if you can guess what the rude word was... I reckon it was 'bum'. Link to comment Share on other sites More sharing options...
hutch Posted 13 December, 2012 Share Posted 13 December, 2012 If they do get it adjourned surely it will be after January? Means they stay on the month to month contracts so league two is almost a certainty. Only until the parachute payment they received in August runs out. Link to comment Share on other sites More sharing options...
trousers Posted 13 December, 2012 Share Posted 13 December, 2012 @pn_neil_allen: PKF: 'There have been a change in terms of proposed transaction, I cannot advance the case on evidence as it stands.' #Pompey Link to comment Share on other sites More sharing options...
trousers Posted 13 December, 2012 Share Posted 13 December, 2012 @pn_neil_allen: Now adjourned for an hour to discuss 'issues'. #Pompey Anti-climax.... Link to comment Share on other sites More sharing options...
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