TopGun Posted 30 January, 2013 Share Posted 30 January, 2013 (edited) Kevan James on Solent this morning saying this is their worst run for 30 something years - though I'm sure the snooze will be able to spin it into another 'record beating run' The News and Neil Allen and his chums have a new tactic. There are now excellent defeats, good defeats, promising defeats etc. I believe it is the case that an excellent defeat means that they have actually won the game in la-la land reality. Interesting to see Portpin confirming yet another court case deferral to the Telegraph whilst the PST and PKF have said nothing again. Edited 30 January, 2013 by TopGun Link to comment Share on other sites More sharing options...
trousers Posted 30 January, 2013 Share Posted 30 January, 2013 @pn_Rory_McKeown: #Pompey court hearing adjourned for a third time, say Portpin: http://t.co/zaw4FxaY Link to comment Share on other sites More sharing options...
trousers Posted 30 January, 2013 Share Posted 30 January, 2013 @pn_Rory_McKeown: PKF confirm #Pompey's court hearing adjourned until February 14, 2013. More on http://t.co/X66eML9P @pn_Rory_McKeown: Also, PKF confirm judge grants #Pompey 6-month administration extension until August 17. More on http://t.co/X66eML9P @pn_Rory_McKeown: However PKF stress work will continue to get Pompey deal done before next season as per Football League rules. More on http://t.co/X66eML9P Link to comment Share on other sites More sharing options...
badgerx16 Posted 30 January, 2013 Share Posted 30 January, 2013 @pn_Rory_McKeown: Also, PKF confirm judge grants #Pompey 6-month administration extension until August 17. More on http://t.co/X66eML9P That date is irrelevant, the FL's deadline is June 30th. Link to comment Share on other sites More sharing options...
dubai_phil Posted 30 January, 2013 Share Posted 30 January, 2013 http://www.dailymail.co.uk/news/article-2270654/Zimbabwe-finance-minister-admits-Weve-got-138-34-bank.html Zimbabwe's finance minister has taken a hard look at the cash strapped country's bank accounts - and discovered it only has £138 and 34 pence left. Tendai Biti made the announcement at press conference yesterday declaring: 'Last week when we paid civil servants there was $217 in government coffers.' Read more: http://www.dailymail.co.uk/news/article-2270654/Zimbabwe-finance-minister-admits-Weve-got-138-34-bank.html#ixzz2JT2E0cfU Follow us: @MailOnline on Twitter | DailyMail on Facebook Cue comments Perhaps they could give financial advice to the Trust Perhaps TB may be needed elsewhere Link to comment Share on other sites More sharing options...
100%Red&White Posted 30 January, 2013 Share Posted 30 January, 2013 @pn_Rory_McKeown: PKF confirm #Pompey's court hearing adjourned until February 14, 2013. More on http://t.co/X66eML9P 'Saint' Valentine's Day Massacre? Link to comment Share on other sites More sharing options...
andysstuff Posted 30 January, 2013 Share Posted 30 January, 2013 Well a least there's something to look forward to on valentines day now then. Link to comment Share on other sites More sharing options...
Joe Kirkup Posted 30 January, 2013 Share Posted 30 January, 2013 Over on POL one of those close to the trust is saying that Chinny is squeezing PKF and they're scared. why didn't they listen to him before I am secured, I will get my money Link to comment Share on other sites More sharing options...
trousers Posted 30 January, 2013 Share Posted 30 January, 2013 So, does that now put the court case AFTER they receive the parachute payment? Link to comment Share on other sites More sharing options...
TopGun Posted 30 January, 2013 Share Posted 30 January, 2013 Usual mayhem from the unwashed at http://www.portsmouth.co.uk/sport/pompey/pompey-court-case-set-to-be-adjourned-for-a-third-time-1-4736101 Link to comment Share on other sites More sharing options...
Matthew Le God Posted 30 January, 2013 Share Posted 30 January, 2013 @pn_Rory_McKeown: PKF confirm #Pompey's court hearing adjourned until February 14, 2013. Are they planning a 2013 remake of this...? http://www.youtube.com/watch?v=DAiWLy6lxVU Link to comment Share on other sites More sharing options...
a1ex2001 Posted 30 January, 2013 Share Posted 30 January, 2013 How the judge thinks granting an extension to the admin is a good idea I don't know, the Pompey circus is totally out of control and has moved from making a mockery of football to making a mockery of the British court system. Link to comment Share on other sites More sharing options...
St Marco Posted 30 January, 2013 Share Posted 30 January, 2013 Maybe it is time we got a petition together to send to the government (think you need 200k signatures) As it cant be right that people are being sacked, pay cuts while administrators are taking home that money that could of kept those people employed. They have been in admin almost a year and look no better for it. It is a slap in the face to all those people at other companies who lost their jobs because they went into admin. It is a scandal that they allow them to continue for so long. Link to comment Share on other sites More sharing options...
hutch Posted 30 January, 2013 Share Posted 30 January, 2013 @pn_Rory_McKeown: Also, PKF confirm judge grants #Pompey 6-month administration extension until August 17. More on http://t.co/X66eML9P Thar's interesting. He could have got a six month extension from the creditors without troubling the Judge. Obviously considered that too risky. Link to comment Share on other sites More sharing options...
OldNick Posted 30 January, 2013 Share Posted 30 January, 2013 Have they asked for it to be adjourned so that Pompey can claim a victory, of course the only only chance of seeing a victory is to go to Portsmouth dockyard Link to comment Share on other sites More sharing options...
Kingsland Red Posted 30 January, 2013 Share Posted 30 January, 2013 So, 17th August,that means Div 2 minus (at least) ten points. Nice one ! Link to comment Share on other sites More sharing options...
Colinjb Posted 30 January, 2013 Share Posted 30 January, 2013 So, 17th August,that means Div 2 minus (at least) ten points. Nice one ! Assuming they haven't been ejected from the league.... Link to comment Share on other sites More sharing options...
Matthew Le God Posted 30 January, 2013 Share Posted 30 January, 2013 So, 17th August,that means Div 2 minus (at least) ten points. Nice one ! If they aren't out of admin by May/June, the Football League won't let them start the 2013/14 season. Link to comment Share on other sites More sharing options...
Clapham Saint Posted 30 January, 2013 Share Posted 30 January, 2013 How the judge thinks granting an extension to the admin is a good idea I don't know, the Pompey circus is totally out of control and has moved from making a mockery of football to making a mockery of the British court system. If no extension was granted, after the 12 month deadline passed, the administration would have automatically ended and the directors would have taken back control. Anybody who thinks that this would have been a good idea would have to be a complete and utter "Nutjob". Link to comment Share on other sites More sharing options...
Clapham Saint Posted 30 January, 2013 Share Posted 30 January, 2013 Thar's interesting. He could have got a six month extension from the creditors without troubling the Judge. Obviously considered that too risky. To be a fly on the wall for that conversation... TB: Chinny my old mate, could I please have a six month extension so that I can try and wrap up the sale to the PST? Chinny: F*&^ off. Link to comment Share on other sites More sharing options...
Um Bongo Posted 30 January, 2013 Share Posted 30 January, 2013 Court hearing adjourned until 14th Feb. How apt Link to comment Share on other sites More sharing options...
tony13579 Posted 30 January, 2013 Share Posted 30 January, 2013 Roses are red Pompey are blue Chinny gets Fratton Park Moneyfields for you Link to comment Share on other sites More sharing options...
eurosaint Posted 30 January, 2013 Share Posted 30 January, 2013 If no extension was granted, after the 12 month deadline passed, the administration would have automatically ended and the directors would have taken back control. Anybody who thinks that this would have been a good idea would have to be a complete and utter "Nutjob". Well I think that it is a great idea, but then again I'm a self confessed SWF nutjob (and proud!) Link to comment Share on other sites More sharing options...
tony13579 Posted 30 January, 2013 Share Posted 30 January, 2013 They would instantly be hit with a winding up order by HMRC or any of the other creditors Link to comment Share on other sites More sharing options...
SaintRichmond Posted 30 January, 2013 Share Posted 30 January, 2013 @pn_Rory_McKeown: PKF confirm #Pompey's court hearing adjourned until February 14, 2013. More on http://t.co/X66eML9P @pn_Rory_McKeown: Also, PKF confirm judge grants #Pompey 6-month administration extension until August 17. More on http://t.co/X66eML9P @pn_Rory_McKeown: However PKF stress work will continue to get Pompey deal done before next season as per Football League rules. More on http://t.co/X66eML9P Oh Goody .... Another St Valentines Day Massacre ............. Link to comment Share on other sites More sharing options...
Bwanamakubwa Posted 30 January, 2013 Share Posted 30 January, 2013 Please do another one of these pompey, please Link to comment Share on other sites More sharing options...
eurosaint Posted 30 January, 2013 Share Posted 30 January, 2013 http://www.pompeytrust.com/index.php?option=com_content&view=article&id=509:pompey-supporters-trust-statement-on-latest-adjournment&catid=34:demo-category Still on course, no probs, keep pledging, delay helps to finalise the detail etc, etc, etc............ Do they just copy and paste the statements after every adjournment then ?? Link to comment Share on other sites More sharing options...
saint si Posted 30 January, 2013 Share Posted 30 January, 2013 http://www.pompeytrust.com/index.php?option=com_content&view=article&id=509:pompey-supporters-trust-statement-on-latest-adjournment&catid=34:demo-category Still on course, no probs, keep pledging, delay helps to finalise the detail etc, etc, etc............ Do they just copy and paste the statements after every adjournment then ?? They are hilarious. In one breath... "The new delay is very frustrating for the PST bid team" Then the next... "Our bid is virtually complete and the additional time will allow the final i's to be dotted and t's to be crossed" So which is it? Do you want more time or not? Link to comment Share on other sites More sharing options...
Under Weststand Posted 30 January, 2013 Share Posted 30 January, 2013 LOL PKF get another 6-months to continue raping the corpse more pound notes disappearing down the drain along with the fat. And still the trust exclaim the delay is a good thing as it allows them time to finalize their bid. Just how long will they continue with this unadulterated B****cks! How many times over the last phew months have they been finalizing their bid. And another rant just how many i's & how many more t's need crossing for f**k sake. There must be nearly as many I's & T's as L's against their team. All I can say is thank god for the PST's transparency, its more like the secret service. I used to want them gone liquidated, now I pray that the trust get to take them over. Let the comedy keep rolling. Link to comment Share on other sites More sharing options...
Pugwash Posted 30 January, 2013 Share Posted 30 January, 2013 They're short of their break even gate by a thousand or more each home match. The administrators are draining them at about £60k a month. The lawyers continue to chew through the money at a rate of knots. PPs will probably not even 'rest' in their account before going to football creditors. The rate of new gifts - sorry, pledges - coming in is clearly way short of the burn rate. And yet the further delay is supposed to be a GOOD thing?????!!!! Not enough face-palms... Link to comment Share on other sites More sharing options...
St Jim Posted 31 January, 2013 Share Posted 31 January, 2013 Is there a cut off date for them exiting administrations for when the 10 points get deducted (i.e. this season / next season) or is it simply at the discretion of the FL? Link to comment Share on other sites More sharing options...
hutch Posted 31 January, 2013 Share Posted 31 January, 2013 They genuinely do seem to be too dim to make the connection between them not yet having made a bid to PKF & PKF not being able to go to Court for approval to accept that bid. S'between PKF 'n Portpin innit? Nuffink to do wiv de PST. Link to comment Share on other sites More sharing options...
Thedelldays Posted 31 January, 2013 Share Posted 31 January, 2013 surely, even the biggest halfwit of a pompey fan can see there is no hope for their club...? surely, they are better off accepting fate and preparing early to 'start again' and have a right go from the off...if they did it right, they could be in league 2 in a few years and have many great travels and laughs doing so..... Link to comment Share on other sites More sharing options...
Danish Saint Posted 31 January, 2013 Share Posted 31 January, 2013 How can the money disappear down the drain, when they're all clogged with fat? Link to comment Share on other sites More sharing options...
CB Saint Posted 31 January, 2013 Share Posted 31 January, 2013 If TB will do what's right for the creditors, he get the pp's close the business, sell the ground and distribute the lot to chanrai. Link to comment Share on other sites More sharing options...
SaintRichmond Posted 31 January, 2013 Share Posted 31 January, 2013 (edited) They're short of their break even gate by a thousand or more each home match. The administrators are draining them at about £60k a month. The lawyers continue to chew through the money at a rate of knots. PPs will probably not even 'rest' in their account before going to football creditors. The rate of new gifts - sorry, pledges - coming in is clearly way short of the burn rate. And yet the further delay is supposed to be a GOOD thing?????!!!! Not enough face-palms... Surely, the longer this drags on, the value of Portsmouth FC or whatever it's called gets LESS and LESS So, it could well be that SOMEONE will end up buying Portsmouth FC or whatever it's called for £1 Then they can start with a clean (though refurbished twice) sheet Edited 31 January, 2013 by SaintRichmond spelling Link to comment Share on other sites More sharing options...
trousers Posted 31 January, 2013 Share Posted 31 January, 2013 More pocket money for Birch... @pn_neil_allen: I understand #Pompey will get around £40,000 from sale of Ritchie to Bournemouth. Sell-on is 30pc on Swindon's profit. http://t.co/agZz4Qor Link to comment Share on other sites More sharing options...
jawillwill Posted 31 January, 2013 Share Posted 31 January, 2013 More pocket money for Birch... @pn_neil_allen: I understand #Pompey will get around £40,000 from sale of Ritchie to Bournemouth. Sell-on is 30pc on Swindon's profit. http://t.co/agZz4Qor I hope they don't spend it all at once. Link to comment Share on other sites More sharing options...
Elias Posted 31 January, 2013 Share Posted 31 January, 2013 Are the few buying Riquelme on deadline day? Link to comment Share on other sites More sharing options...
Torres Posted 31 January, 2013 Share Posted 31 January, 2013 Maradona will replace Whittingham today. Link to comment Share on other sites More sharing options...
Ken Tone Posted 31 January, 2013 Share Posted 31 January, 2013 Maradona will replace Whittingham today. Don't be silly -- **** Whittington and Andy Awful are doing a fantastic job. Now Maradona to sign as a player because he's heard so much about the passion of the fans -- that's a much more credible story! Link to comment Share on other sites More sharing options...
Ken Tone Posted 31 January, 2013 Share Posted 31 January, 2013 I see the swear filter does not allow me to use the diminutive form of Richard. Rather spoilt my allusion to pantomime! Link to comment Share on other sites More sharing options...
Doctoroncall Posted 31 January, 2013 Share Posted 31 January, 2013 Is there a cut off date for them exiting administrations for when the 10 points get deducted (i.e. this season / next season) or is it simply at the discretion of the FL? The points penalty will be applied at the discretion of the FL, but only after they come out of admin. So it's seems possible they could get points deducted this or next season, however the longer it takes the more likely it will be next season if the current form continues. there are so many scenarios, it needs a decision tree to see all possibilities! Link to comment Share on other sites More sharing options...
SaintRichmond Posted 31 January, 2013 Share Posted 31 January, 2013 I see the swear filter does not allow me to use the diminutive form of Richard. Rather spoilt my allusion to pantomime! You mean " Richard Whittington " You're right ... not the same ring to it Link to comment Share on other sites More sharing options...
trousers Posted 31 January, 2013 Share Posted 31 January, 2013 @pn_neil_allen: N'Diaye among four triallists here today at #Pompey. Also the familiar face of Brian Howard training. Link to comment Share on other sites More sharing options...
PhilippineSaint Posted 31 January, 2013 Share Posted 31 January, 2013 I see the swear filter does not allow me to use the diminutive form of Richard. Rather spoilt my allusion to pantomime! Cock Whittington is just not the same Link to comment Share on other sites More sharing options...
trousers Posted 31 January, 2013 Share Posted 31 January, 2013 @saintgert: @colinfarmery your pledges will barely cover PKF fees. ****ing hilarious @colinfarmery: @saintgert That says more about PKF's fees than PST's pledges I feel. Good job we budgeted for them, eh? ;o) So, let's get this right.... When the Trust submitted their bid last year they knew exactly how long the admin iwould drag out for (and ergo knew that there would be three adjournments) and were this able to budget for PKF's fees... Have these people really got that much foresight....or a time machine? P.s. I seem to recall a Trust prediction in October saying that the takeover would be done and dusted by Christmas. Budgeted for PKF's fees my arse... Link to comment Share on other sites More sharing options...
pedg Posted 31 January, 2013 Share Posted 31 January, 2013 @saintgert: @colinfarmery your pledges will barely cover PKF fees. ****ing hilarious @colinfarmery: @saintgert That says more about PKF's fees than PST's pledges I feel. Good job we budgeted for them, eh? ;o) So, let's get this right.... When the Trust submitted their bid last year they knew exactly how long the admin iwould drag out for (and ergo knew that there would be three adjournments) and were this able to budget for PKF's fees... Have these people really got that much foresight....or a time machine? P.s. I seem to recall a Trust prediction in October saying that the takeover would be done and dusted by Christmas. Budgeted for PKF's fees my arse... [TABLE=width: 576] [TR] [TD=class: chatmsgtime, bgcolor: #F6F6F6]13:27[/TD] [TD=class: chatmsgtext viewer_text][TABLE] [TR] [TD][/TD] [TD]Comment From Zorba Are PKF owed all of their fees (est 2 mill) or have they been paid some already? If so, how much is still owed?[/TD] [/TR] [/TABLE] [/TD] [/TR] [/TABLE] [TABLE=width: 576] [TR] [TD=class: chatmsgtime, bgcolor: #F6F6F6]13:29[/TD] [TD=class: chatmsgtext altcaster_text][TABLE] [TR] [TD][/TD] [TD]Colin: That is probably a question for PKF. I don't have any information on the sums involved, but this is directly a matter for the creditors, not PST.[/TD] [/TR] [/TABLE] [/TD] [/TR] [/TABLE] They have no idea of the costs but have budgeted for them anyway?! Link to comment Share on other sites More sharing options...
Clapham Saint Posted 31 January, 2013 Share Posted 31 January, 2013 @saintgert: @colinfarmery your pledges will barely cover PKF fees. ****ing hilarious @colinfarmery: @saintgert That says more about PKF's fees than PST's pledges I feel. Good job we budgeted for them, eh? ;o) So, let's get this right.... When the Trust submitted their bid last year they knew exactly how long the admin iwould drag out for (and ergo knew that there would be three adjournments) and were this able to budget for PKF's fees... Have these people really got that much foresight....or a time machine? P.s. I seem to recall a Trust prediction in October saying that the takeover would be done and dusted by Christmas. Budgeted for PKF's fees my arse... FFS trousers! A budget has been prepared and that budget includes a figure for PKF fees. Therefore everything must be fine. The budget also includes income from £11k gates and from the sale of golden goose eggs. Link to comment Share on other sites More sharing options...
pedg Posted 31 January, 2013 Share Posted 31 January, 2013 FFS trousers! A budget has been prepared and that budget includes a figure for PKF fees. Therefore everything must be fine. The budget also includes income from £11k gates and from the sale of golden goose eggs. Remember, in the manner of M&S adverts, this is not any budget, this is the PST rubustest budget. Link to comment Share on other sites More sharing options...
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