stevegrant Posted 13 December, 2012 Share Posted 13 December, 2012 So someone's moved the goalposts. Given that PKF haven't been negotiating with Portpin, surely that means the property developer has tried to change something in the deal... Link to comment Share on other sites More sharing options...
hypochondriac Posted 13 December, 2012 Share Posted 13 December, 2012 So someone's moved the goalposts. Given that PKF haven't been negotiating with Portpin, surely that means the property developer has tried to change something in the deal... Loledy. Score Link to comment Share on other sites More sharing options...
Katalinic Posted 13 December, 2012 Share Posted 13 December, 2012 So someone's moved the goalposts. Given that PKF haven't been negotiating with Portpin, surely that means the property developer has tried to change something in the deal... Or there is a massive shortfall in the pledges? Link to comment Share on other sites More sharing options...
trousers Posted 13 December, 2012 Share Posted 13 December, 2012 Or there is a massive shortfall in the pledges? Today wasn't about the pledges per se... Link to comment Share on other sites More sharing options...
trousers Posted 13 December, 2012 Share Posted 13 December, 2012 @pn_neil_allen: Appears there are issues over REL Ltd, a company of Stuart Robinson. Described as 'significant'. #Pompey Link to comment Share on other sites More sharing options...
WindsorSaint Posted 13 December, 2012 Share Posted 13 December, 2012 Live updates from Court, Snooze style: http://www.portsmouth.co.uk/news/business/local-business/live-updates-from-pompey-s-high-court-hearing-1-4581496 WS Link to comment Share on other sites More sharing options...
andysstuff Posted 13 December, 2012 Share Posted 13 December, 2012 @pn_neil_allen: Appears there are issues over REL Ltd, a company of Stuart Robinson. Described as 'significant'. #Pompey Failed FAPPT? Link to comment Share on other sites More sharing options...
stevegrant Posted 13 December, 2012 Share Posted 13 December, 2012 @pn_neil_allen: Appears there are issues over REL Ltd, a company of Stuart Robinson. Described as 'significant'. #Pompey Didn't we point out a number of issues about Robinson a number of months ago? Link to comment Share on other sites More sharing options...
Patrick Bateman Posted 13 December, 2012 Share Posted 13 December, 2012 Didn't we point out a number of issues about Robinson a number of months ago? Who is he? Link to comment Share on other sites More sharing options...
Katalinic Posted 13 December, 2012 Share Posted 13 December, 2012 Today wasn't about the pledges per se... True but presumably PKF wouldn't want to ask to have stadium valued at £2.75m if the PDT then can't afford it. Link to comment Share on other sites More sharing options...
Katalinic Posted 13 December, 2012 Share Posted 13 December, 2012 Didn't we point out a number of issues about Robinson a number of months ago? Where's Micha Hall when you need him Link to comment Share on other sites More sharing options...
Minty Posted 13 December, 2012 Share Posted 13 December, 2012 Didn't we point out a number of issues about Robinson a number of months ago? Don't we always point out a number of issues about everything to do with this saga a few months before they realise them? Link to comment Share on other sites More sharing options...
hypochondriac Posted 13 December, 2012 Share Posted 13 December, 2012 The problem is probably that he doesn't have the money. Link to comment Share on other sites More sharing options...
Gorgiesaint 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 So someone's moved the goalposts. Given that PKF haven't been negotiating with Portpin, surely that means the property developer has tried to change something in the deal... They can't raise sufficient funds through the fans... so now needs to be an open property developer takeover? Link to comment Share on other sites More sharing options...
stevegrant Posted 13 December, 2012 Share Posted 13 December, 2012 True but presumably PKF wouldn't want to ask to have stadium valued at £2.75m if the PDT then can't afford it. The pledges won't be going towards the stadium purchase. The stadium purchase is being funded entirely by REL Ltd, owned by Stuart Robinson, and REL Ltd will be leasing the ground back to the club. Link to comment Share on other sites More sharing options...
buctootim Posted 13 December, 2012 Share Posted 13 December, 2012 (edited) ... Edited 13 December, 2012 by buctootim way too slow Link to comment Share on other sites More sharing options...
hypochondriac Posted 13 December, 2012 Share Posted 13 December, 2012 or the trust have acknowledged they cant raise their share That's not to do with the company though. Maybe they couldn't get their hand on sacha's land after all... Link to comment Share on other sites More sharing options...
Torres Posted 13 December, 2012 Share Posted 13 December, 2012 @pn_neil_allen: Appears there are issues over REL Ltd, a company of Stuart Robinson. Described as 'significant'. #Pompey Jesus, I've just actually guffawed out loud on the train. FAF. Link to comment Share on other sites More sharing options...
SO16_Saint Posted 13 December, 2012 Share Posted 13 December, 2012 In short please.....what the f*** is going on? Link to comment Share on other sites More sharing options...
hutch Posted 13 December, 2012 Share Posted 13 December, 2012 The problem is probably that he doesn't have the money. Not having money has never been a problem for their previous owners, so it can't be that. Link to comment Share on other sites More sharing options...
Torres Posted 13 December, 2012 Share Posted 13 December, 2012 So if the PDT becomes the PST once again they really are screwed. Shame. How I wish I had the time to nip over to the court this morning. Link to comment Share on other sites More sharing options...
Channon's Sideburns Posted 13 December, 2012 Share Posted 13 December, 2012 http://www.portsmouth.co.uk/news/business/local-business/video-pompey-fan-outside-high-court-1-4581475? Link to comment Share on other sites More sharing options...
Katalinic Posted 13 December, 2012 Share Posted 13 December, 2012 The pledges won't be going towards the stadium purchase. The stadium purchase is being funded entirely by REL Ltd, owned by Stuart Robinson, and REL Ltd will be leasing the ground back to the club. No, good point, I had lost track. 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 and Kushnir taking some stick from #Pompey fans outside of Court 17 during this delay. Link to comment Share on other sites More sharing options...
sussexsaint Posted 13 December, 2012 Share Posted 13 December, 2012 Someone has moved the goalposts which isn't hard as they are jumpers. Link to comment Share on other sites More sharing options...
Channon's Sideburns Posted 13 December, 2012 Share Posted 13 December, 2012 Neil Allen @pn_neil_allen Deepak Chainrai and Kushnir taking some stick from #Pompey fans outside of Court 17 during this delay. Careful...you might need them again yet.... Link to comment Share on other sites More sharing options...
Torres Posted 13 December, 2012 Share Posted 13 December, 2012 @pn_neil_allen: Deepak Chainrai and Kushnir taking some stick from #Pompey fans outside of Court 17 during this delay. Smart move Link to comment Share on other sites More sharing options...
sussexsaint Posted 13 December, 2012 Share Posted 13 December, 2012 @pn_neil_allen: Deepak Chainrai and Kushnir taking some stick from #Pompey fans outside of Court 17 during this delay. Class Link to comment Share on other sites More sharing options...
Minty Posted 13 December, 2012 Share Posted 13 December, 2012 In short please.....what the f*** is going on? The property developer that PST were relying on to buy Fratton Park and lease it back to them, would appear to be not as reliable or sound as they had thought. Kinda ironic really that the bestest criticise the Football League's fit and proper person tests as not being good enough, when their own tests on a key strategic partner are also not up to scratch...! Genuine lol moment. Link to comment Share on other sites More sharing options...
CB Saint Posted 13 December, 2012 Share Posted 13 December, 2012 Mouthing off outside a court room never struck me as an entirely sensible thing to do. Link to comment Share on other sites More sharing options...
anothersaintinsouthsea Posted 13 December, 2012 Share Posted 13 December, 2012 Right, haven't bothered to read any posts yet. Can someone provide a quick summary? Judging from my research on POL I'm presuming the judge has set the value at £2.75m, the PST are immenently due to take control of the club, Chanrai has given up and the mostest passionatist fans in the world are gearing up to celebrate with flags at the next home match. It has all gone to plan hasn't it? Link to comment Share on other sites More sharing options...
Guided Missile Posted 13 December, 2012 Share Posted 13 December, 2012 The pledges won't be going towards the stadium purchase. The stadium purchase is being funded entirely by REL Ltd, owned by Stuart Robinson, and REL Ltd will be leasing the ground back to the club. The problem may be related to the fact that REL Ltd. was struck off and dissolved on 02/12/2008 according to Companies House. Link to comment Share on other sites More sharing options...
Minty Posted 13 December, 2012 Share Posted 13 December, 2012 Right, haven't bothered to read any posts yet. Can someone provide a quick summary? Judging from my research on POL I'm presuming the judge has set the value at £2.75m, the PST are immenently due to take control of the club, Chanrai has given up and the mostest passionatist fans in the world are gearing up to celebrate with flags at the next home match. It has all gone to plan hasn't it? You got it, no summary required. Link to comment Share on other sites More sharing options...
Minty Posted 13 December, 2012 Share Posted 13 December, 2012 The problem may be related to the fact that REL Ltd. was struck off and dissolved on 02/12/2008 according to Companies House. Oh f*ck, no way. That is priceless. Link to comment Share on other sites More sharing options...
andysstuff Posted 13 December, 2012 Share Posted 13 December, 2012 Right, haven't bothered to read any posts yet. Can someone provide a quick summary? Judging from my research on POL I'm presuming the judge has set the value at £2.75m, the PST are immenently due to take control of the club, Chanrai has given up and the mostest passionatist fans in the world are gearing up to celebrate with flags at the next home match. It has all gone to plan hasn't it? It would have done were it not for those pesky People at Portpin. Link to comment Share on other sites More sharing options...
EastleighSoulBoy Posted 13 December, 2012 Share Posted 13 December, 2012 They all have the memory span of a goldfish down there so no one will remember who said what and when... But they can remember the dock strike and that Mr Liebherr drove tanks in the war and...err....and....um.........oh Link to comment Share on other sites More sharing options...
pedg Posted 13 December, 2012 Share Posted 13 December, 2012 The problem may be related to the fact that REL Ltd. was struck off and dissolved on 02/12/2008 according to Companies House. Being pompey related have you looked for REL (2009), REL (2010), REL (2011) or REL (2012)? Link to comment Share on other sites More sharing options...
Lazlo78 Posted 13 December, 2012 Share Posted 13 December, 2012 I'm struggling to catch up here... lots of posts in so little time Link to comment Share on other sites More sharing options...
View From The Top Posted 13 December, 2012 Share Posted 13 December, 2012 being pompey related have you looked for rel (2009), rel (2010), rel (2011) or rel (2012)? Link to comment Share on other sites More sharing options...
sussexsaint Posted 13 December, 2012 Share Posted 13 December, 2012 Being pompey related have you looked for REL (2009), REL (2010), REL (2011) or REL (2012)? Of all the Pompey courtcases so far this is my bestest Link to comment Share on other sites More sharing options...
stevegrant Posted 13 December, 2012 Share Posted 13 December, 2012 The problem may be related to the fact that REL Ltd. was struck off and dissolved on 02/12/2008 according to Companies House. :lol: :lol: :lol: And they didn't check this small fact when the proposal was first put together? Link to comment Share on other sites More sharing options...
CB Saint Posted 13 December, 2012 Share Posted 13 December, 2012 So... if the above said issues are correct, and the transaction cannot proceed, is TB going to go through with his threat to liquidate the club. Link to comment Share on other sites More sharing options...
WindsorSaint Posted 13 December, 2012 Share Posted 13 December, 2012 http://www.portsmouth.co.uk/news/business/local-business/change-in-terms-threatens-quick-resolution-in-pompey-case-1-4581909 Link to comment Share on other sites More sharing options...
Doctoroncall Posted 13 December, 2012 Share Posted 13 December, 2012 The problem may be related to the fact that REL Ltd. was struck off and dissolved on 02/12/2008 according to Companies House. It can't be a simple as that... Surely, after all the thorough checks by the skates! This court hearing takes on the wider aspects of not just allowing PKF to sell the ground and set the value but to ensure those due to buy it are able to do so? Link to comment Share on other sites More sharing options...
Matthew Le God Posted 13 December, 2012 Share Posted 13 December, 2012 So why didn't Micah Hall do one of his famous forensic examinations of the non-Pompey supporting property developer the trust so easily got into bed with? Link to comment Share on other sites More sharing options...
sussexsaint Posted 13 December, 2012 Share Posted 13 December, 2012 It was dissolved on the 2/12 so what happened in the intervening 10 days? did noone tell Birch? Link to comment Share on other sites More sharing options...
Lazlo78 Posted 13 December, 2012 Share Posted 13 December, 2012 (edited) 11:27 Mark: For those who have recently joined us, lack of action here right now is because we have an adjournment at court. Judge expected to resume hearing soon and rule on whether or not case can proceed today. Very possible that the hearing will be adjourned for 28 days Edited 13 December, 2012 by Lazlo78 Link to comment Share on other sites More sharing options...
Matthew Le God Posted 13 December, 2012 Share Posted 13 December, 2012 It was dissolved on the 2/12 so what happened in the intervening 10 days? did noone tell Birch? Guided Missile says it was 2/12/2008, not 2012. The problem may be related to the fact that REL Ltd. was struck off and dissolved on 02/12/2008 according to Companies House. Link to comment Share on other sites More sharing options...
Waterside.saint Posted 13 December, 2012 Share Posted 13 December, 2012 It was dissolved on the 2/12 so what happened in the intervening 10 days? did noone tell Birch? Dissolved 2/12/2008 or 2/12/2012? Link to comment Share on other sites More sharing options...
JackFrost Posted 13 December, 2012 Share Posted 13 December, 2012 Surely this thread must be in the guiness book of world records for 'most facepalms in one thread' Link to comment Share on other sites More sharing options...
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