suewhistle Posted 23 February, 2013 Share Posted 23 February, 2013 I might go watch them next season. After all, being a Saints supporter, I've never been to a division 4 game... I'd be quick about it mind... before you know it it'll be either too late or you'll be watching in all 7? tiers of the game Link to comment Share on other sites More sharing options...
Waterside.saint Posted 23 February, 2013 Share Posted 23 February, 2013 5 points out of the last 66 Down down deeper & down Link to comment Share on other sites More sharing options...
carljack Posted 23 February, 2013 Share Posted 23 February, 2013 I was happy in the haze of a drunken hour but heaven knows ? Link to comment Share on other sites More sharing options...
trousers Posted 23 February, 2013 Share Posted 23 February, 2013 (edited) http://www.twohundredpercent.net/?p=21995 A source close to Portpin has rushed to assure anyone who will listen that they will win the case on valuation based on a bid from Simon Jordan that apparently offered £8m for the ground and from Harris whose valuation is £5m. Their fundamental problem is that these valuations are stunningly irrelevant. Those ‘bids’ are not part of the process. Unless it is a bid that can succeed it has no relevance. The market value of the land is what someone who can buy Pompey will pay for it, not what someone who happens to want to but isn’t or can’t would pay for it. It’s totally irrelevant. The reason lies in Section 71 of the Insolvency Act under which the valuation case would be heard. The administrator is able to ask the court to release a charge at market value as long as it is in line with the aims of the administration. The aim of the administration is to secure the best deal for creditors. And here is the rub: you can only collect the £8.5m in parachute payments to give to creditors if you can take the club out of administration and receive the golden share. The Harris bid cannot receive the golden share so their bid cannot serve the aims of the administration, so PKF are obliged to forget about it. Simon Jordan’s bid is not a bid – it’s gone and it’s too late to return. Sulaiman Al Fahim’s heroic attempt to open a bank account never amounted to anything. So market value comes down to two factors: 1. What a bidder still in the process is prepared to pay 2. What an independent valuer assesses the value of the land to be We know that the fans bid has a series of valuations. Not one of which is as high as their offer of £3m. So if Portpin were confident that their own valuations would blow this out of the water, why are they trying to push the Football League and Portsmouth City Council into retreat? (Incidentally, Harris spokesman Bick told me the legal grounds on which they felt the Council’s loan was susceptible to challenge. By a curious process of telepathy, Portpin issued a challenge on those same grounds a few days later. Of course Portpin and Harris are in no way connected so just a massive coincidence). This is seemingly an admission that they don’t fancy their chances of winning the valuation case one bit. Edited 23 February, 2013 by trousers Link to comment Share on other sites More sharing options...
Lord Duckhunter Posted 23 February, 2013 Share Posted 23 February, 2013 I watched the bit on soccer Saturday and noticed one of the PST called it a "hybrid bid" . Has anyone heard them use this expression before , because I've only ever heard them talk of fan ownership. They seem to be moving towards accepting that its a few rich people using fans money, rather than a fan owenership. I thought that turn of phrase was very telling. Link to comment Share on other sites More sharing options...
Pugwash Posted 23 February, 2013 Share Posted 23 February, 2013 http://www.twohundredpercent.net/?p=21995 Two flaws in that argument: 1) The best deal that PKF could strike for the creditors would be to negotiate a separate sale of the ground for the higher price, with a covenant to rent it to PFC2013 for five years at a reasonable rent. They could then sell the 'club' to the Trust for a nominal amount, meaning they wouldn't need the council loan. The Trust then get the Golden Share and everyone's a winner. 2) They won't be seeing the parachute payments anyway. They're going to the football creditors. Link to comment Share on other sites More sharing options...
Lazlo78 Posted 23 February, 2013 Share Posted 23 February, 2013 Two flaws in that argument: 1) The best deal that PKF could strike for the creditors would be to negotiate a separate sale of the ground for the higher price, with a covenant to rent it to PFC2013 for five years at a reasonable rent. They could then sell the 'club' to the Trust for a nominal amount, meaning they wouldn't need the council loan. The Trust then get the Golden Share and everyone's a winner. 2) They won't be seeing the parachute payments anyway. They're going to the football creditors. Re 2: but do they not argue that without a golden share there is no club, so the remaining PPs won't be send towards PFC - or in this case the footballing creditors? They will instead be divided amongst the PL clubs... Link to comment Share on other sites More sharing options...
Horley CTFC Saint Posted 24 February, 2013 Share Posted 24 February, 2013 Should a miracle happen and they survive til next season, they have the prospect of possibly facing Kidderminster Harriers or Forest Green next season Every Cloud as they say - Kiddy do some great matchday food Link to comment Share on other sites More sharing options...
Pugwash Posted 24 February, 2013 Share Posted 24 February, 2013 Re 2: but do they not argue that without a golden share there is no club, so the remaining PPs won't be send towards PFC - or in this case the footballing creditors? They will instead be divided amongst the PL clubs... But under (1), the club survives and gets the Golden Share. The PPs will probably be diverted to football creditors (like the first year's payments) if this happens. Either way, don't think they'll see the money. Link to comment Share on other sites More sharing options...
Tokyo-Saint Posted 24 February, 2013 Share Posted 24 February, 2013 See @CarlSpangled who also happens to run @sospompey and is chief banner maker and player doorsteper has just called @1jamesbeattie a 'fat scum ****' - this fan ownership is going to be a classy affair isn't it. Link to comment Share on other sites More sharing options...
Waterside.saint Posted 24 February, 2013 Share Posted 24 February, 2013 See @CarlSpangled who also happens to run @sospompey and is chief banner maker and player doorsteper has just called @1jamesbeattie a 'fat scum ****' - this fan ownership is going to be a classy affair isn't it. 'By their works shall ye know them' The Bible Link to comment Share on other sites More sharing options...
qwertySFC Posted 24 February, 2013 Share Posted 24 February, 2013 See @CarlSpangled who also happens to run @sospompey and is chief banner maker and player doorsteper has just called @1jamesbeattie a 'fat scum ****' - this fan ownership is going to be a classy affair isn't it. But , classy picture posted by Beattie - one of my all time favorite pictures of a Saints player Link to comment Share on other sites More sharing options...
Sevvy Posted 24 February, 2013 Share Posted 24 February, 2013 I went down to Cornwall Friday to see my dad who was 80 for a family get together, so we all went out for a meal in the evening, however later in the evening there was a couple there celebration her 50th, anyway we got talking and found out that he had travelled down that day from Pompey, so i jokingly said you don't support Pompey do you, to which he replied its worse than that i used to play for them, so i asked him what he thought of the trust bid, his reply was, they haven't got any spare money to buy players let alone pay them, (never stopped them in the past though has it), so even he thinks they are dead ducks, Dont ask me for his name as i will not give it out, so there you go an ex Pompey players view on the Trust bid, Link to comment Share on other sites More sharing options...
qwertySFC Posted 24 February, 2013 Share Posted 24 February, 2013 I went down to Cornwall Friday to see my dad who was 80 for a family get together, so we all went out for a meal in the evening, however later in the evening there was a couple there celebration her 50th, anyway we got talking and found out that he had travelled down that day from Pompey, so i jokingly said you don't support Pompey do you, to which he replied its worse than that i used to play for them, so i asked him what he thought of the trust bid, his reply was, they haven't got any spare money to buy players let alone pay them, (never stopped them in the past though has it), so even he thinks they are dead ducks, Dont ask me for his name as i will not give it out, so there you go an ex Pompey players view on the Trust bid, Has he been offered a monthly contract ? Link to comment Share on other sites More sharing options...
70's Mike Posted 24 February, 2013 Share Posted 24 February, 2013 I went down to Cornwall Friday to see my dad who was 80 for a family get together, so we all went out for a meal in the evening, however later in the evening there was a couple there celebration her 50th, anyway we got talking and found out that he had travelled down that day from Pompey, so i jokingly said you don't support Pompey do you, to which he replied its worse than that i used to play for them, so i asked him what he thought of the trust bid, his reply was, they haven't got any spare money to buy players let alone pay them, (never stopped them in the past though has it), so even he thinks they are dead ducks, Dont ask me for his name as i will not give it out, so there you go an ex Pompey players view on the Trust bid, Super Guy on a night out? Link to comment Share on other sites More sharing options...
RedAndWhite91 Posted 24 February, 2013 Share Posted 24 February, 2013 Super Guy on a night out? I reckon it was Benjani. He must be about 50 years old. Link to comment Share on other sites More sharing options...
Gingeletiss Posted 24 February, 2013 Share Posted 24 February, 2013 I reckon it was Benjani. He must be about 50 years old. Can't be Kanu, he'd be about 65 now! Link to comment Share on other sites More sharing options...
RedFear Posted 24 February, 2013 Share Posted 24 February, 2013 Can't be Kanu, he'd be about 65 now! he actually said a couple celebrating their 50th. Maybe a wedding anniversary, which opens the door to it being Kanu again Link to comment Share on other sites More sharing options...
RedFear Posted 24 February, 2013 Share Posted 24 February, 2013 he actually said a couple celebrating their 50th. Maybe a wedding anniversary, which opens the door to it being Kanu again forget that. Actually HER 50th. Misread Link to comment Share on other sites More sharing options...
Sevvy Posted 24 February, 2013 Share Posted 24 February, 2013 Only clues i will give, white male (obviously) does not now play for football Pompey and now a completely different employment from football, Link to comment Share on other sites More sharing options...
dubai_phil Posted 24 February, 2013 Share Posted 24 February, 2013 Only clues i will give, white male (obviously) does not now play for football Pompey and now a completely different employment from football, Ah of course. That explains it well done for keeping schtuum Link to comment Share on other sites More sharing options...
Crab Lungs Posted 24 February, 2013 Share Posted 24 February, 2013 Warren Aspinall? Link to comment Share on other sites More sharing options...
Spudders Posted 24 February, 2013 Share Posted 24 February, 2013 Dont ask me for his name as i will not give it out Sevvy sits back and waits............ Some time later......................... Sevvy is still waiting........ Why is no-one asking for his name, I said don't ask hoping people would ask, no-one is asking, I want people to ask, how can I get people to ask, still no one has asked, ummm ok I know, clues, here goes, maybe this will work........ Only clues i will give, white male (obviously) does not now play for football Pompey and now a completely different employment from football, Is it Penny Mordaunt? Oh no, you said it was someone male, hummmmmmmm????????????? ok what's his name? Oh hang on, you said don't ask. Link to comment Share on other sites More sharing options...
RedAndWhite91 Posted 24 February, 2013 Share Posted 24 February, 2013 Sevvy sits back and waits............ Some time later......................... Sevvy is still waiting........ Why is no-one asking for his name, I said don't ask hoping people would ask, no-one is asking, I want people to ask, how can I get people to ask, still no one has asked, ummm ok I know, clues, here goes, maybe this will work........ Is it Penny Mordaunt? Oh no, you said it was someone male, hummmmmmmm????????????? ok what's his name? Oh hang on, you said don't ask. I think I'll wait until the next set of clues until I hazard a guess. Link to comment Share on other sites More sharing options...
trousers Posted 24 February, 2013 Share Posted 24 February, 2013 Only clues i will give, white male (obviously) does not now play for football Pompey and now a completely different employment from football, Could be my Uncle... Link to comment Share on other sites More sharing options...
suewhistle Posted 24 February, 2013 Share Posted 24 February, 2013 I've got an english teaching exercise: "what's my uncle's job".. Does he work inside/outside Does he work with his hands Does he have a uniform etc... Link to comment Share on other sites More sharing options...
Tokyo-Saint Posted 25 February, 2013 Share Posted 25 February, 2013 Is that prep for fuzzy duck Sue? Link to comment Share on other sites More sharing options...
dubai_phil Posted 25 February, 2013 Share Posted 25 February, 2013 (edited) Ah so finally we get something useful out of the Oscars. A new gif We saw your boobs Charlize Edited 25 February, 2013 by dubai_phil Link to comment Share on other sites More sharing options...
trousers Posted 25 February, 2013 Share Posted 25 February, 2013 (edited) Looks like Mr Allen is catching up with last week's news...better late than never... @pn_neil_allen: Interesting couple of things in new PKF report to creditors. Full story soon on http://t.co/UhqbCanyg8 - meanwhile some pointers.... #Pompey @pn_neil_allen: 'FL advised PKF it has not received all information requested of Portpin in order to give necessary sanction to any sale (to Ppin).' #Pompey @pn_neil_allen: Settlement has been reached with Gaydamak over his outstanding bank overdraft. The sum agreed was £1,134,677. #Pompey Edited 25 February, 2013 by trousers Link to comment Share on other sites More sharing options...
andysstuff Posted 25 February, 2013 Share Posted 25 February, 2013 Looks like Mr Allen is catching up with last week's news...better late than never... @pn_neil_allen: Interesting couple of things in new PKF report to creditors. Full story soon on http://t.co/UhqbCanyg8 - meanwhile some pointers.... #Pompey @pn_neil_allen: 'FL advised PKF it has not received all information requested of Portpin in order to give necessary sanction to any sale (to Ppin).' #Pompey To be fair to him he was off last week. Link to comment Share on other sites More sharing options...
trousers Posted 25 February, 2013 Share Posted 25 February, 2013 To be fair to him he was off last week. Don't they have anyone else to pick up the #factlessallen baton in his absence? What next? The BBC deferring news about the breakout of World War 3 because Kate Adie is on a two week break in the Balearics? Link to comment Share on other sites More sharing options...
ottery st mary Posted 25 February, 2013 Share Posted 25 February, 2013 (edited) Looks like Mr Allen is catching up with last week's news...better late than never... @pn_neil_allen: Interesting couple of things in new PKF report to creditors. Full story soon on http://t.co/UhqbCanyg8 - meanwhile some pointers.... #Pompey @pn_neil_allen: 'FL advised PKF it has not received all information requested of Portpin in order to give necessary sanction to any sale (to Ppin).' #Pompey @pn_neil_allen: Settlement has been reached with Gaydamak over his outstanding bank overdraft. The sum agreed was £1,134,677. #Pompey Settlement may well be agreed/reached with Gaydamak.................Promises by whom and WILL this actually ever be paid.. He still owns the car park.......still no payment by Robinson......Will this ever be paid? I suspect non returnable deposit/agreement to buy...subject to the Stadium scenario playing out or NOT:rolleyes: Edited 25 February, 2013 by ottery st mary Link to comment Share on other sites More sharing options...
chocco boxo Posted 25 February, 2013 Share Posted 25 February, 2013 How did the skates do this weekend. Link to comment Share on other sites More sharing options...
anothersaintinsouthsea Posted 25 February, 2013 Share Posted 25 February, 2013 Sodje's sending off from Saturday - classy skate http://sports.yahoo.com/blogs/soccer-dirty-tackle/dtotd-portsmouth-player-sent-off-hitting-opponent-crotch-070847151--sow.html? Link to comment Share on other sites More sharing options...
Lifelongsaint83 Posted 25 February, 2013 Share Posted 25 February, 2013 Nabil Hassan @NabilHassan79 #pompey administrators PKF release latest report to creditors'. Total cost of the administration so far 17 Feb-2 Jan is: £2,164,089.65. Nabil Hassan @NabilHassan79 Important to note the administrators may not claim the full amount & the creditors' committee will have a say in how much is actually paid. Link to comment Share on other sites More sharing options...
Clapham Saint Posted 25 February, 2013 Share Posted 25 February, 2013 Sodje's sending off from Saturday - classy skate http://sports.yahoo.com/blogs/soccer-dirty-tackle/dtotd-portsmouth-player-sent-off-hitting-opponent-crotch-070847151--sow.html? After the second punch he steps back and holds his hands out in a "what am I supposed to have done wrong" type stance... What a ****ing weirdo. Link to comment Share on other sites More sharing options...
Bearsy Posted 25 February, 2013 Share Posted 25 February, 2013 Sodje's sending off from Saturday - classy skate http://sports.yahoo.com/blogs/soccer-dirty-tackle/dtotd-portsmouth-player-sent-off-hitting-opponent-crotch-070847151--sow.html? lol why is he tring to feel on dude's boner ffs? Link to comment Share on other sites More sharing options...
Lifelongsaint83 Posted 25 February, 2013 Share Posted 25 February, 2013 Nabil Hassan @NabilHassan79 PKF report: Football credtiors' (eg former players) are owed £11.4m by #pompey. Will have to be paid in full by new owners. Link to comment Share on other sites More sharing options...
Tokyo-Saint Posted 25 February, 2013 Share Posted 25 February, 2013 I like how he did it twice, shows persistence and the type of pride in the shirt skates are always banging on about. He is thinking "i'm going to hit this guy in the knob".... "oh sh!t, just missed, now he is guarding it".... "hang on, there is an opening, yes! Get in, right in the babymaker!" Link to comment Share on other sites More sharing options...
Lifelongsaint83 Posted 25 February, 2013 Share Posted 25 February, 2013 Nabil Hassan @NabilHassan79 PKF report: The costs incurred by lawyers Pinsent Masons during the period of the administration are approx £1.25m. #pompey Link to comment Share on other sites More sharing options...
trousers Posted 25 February, 2013 Share Posted 25 February, 2013 (edited) Why are the media only just picking up on this PKF report stuff days after it was dissected on here? Edited 25 February, 2013 by trousers Link to comment Share on other sites More sharing options...
trousers Posted 25 February, 2013 Share Posted 25 February, 2013 Nabil Hassan @NabilHassan79 PKF report: The costs incurred by lawyers Pinsent Masons during the period of the administration are approx £1.25m. #pompey Yep, and as we highlighted on here last week, £776k of that remains unpaid... Link to comment Share on other sites More sharing options...
Lifelongsaint83 Posted 25 February, 2013 Share Posted 25 February, 2013 Yep, and as we highlighted on here last week, £776k of that remains unpaid... See I thought this stuff was covered on here, didn't know whether I was imagining it Link to comment Share on other sites More sharing options...
trousers Posted 25 February, 2013 Share Posted 25 February, 2013 After the second punch he steps back and holds his hands out in a "what am I supposed to have done wrong" type stance... What a ****ing weirdo. It's only an "alleged punch" according to The News... http://m.portsmouth.co.uk/sport/pompey/defender-s-pompey-future-in-balance-1-4823773 The Blues centre-back was sent off for an alleged punch during an altercation with Oldham’s Lee Barnard early in the second half of Saturday’s 1-0 defeat at Boundary Park. Link to comment Share on other sites More sharing options...
hypochondriac Posted 25 February, 2013 Share Posted 25 February, 2013 See I thought this stuff was covered on here, didn't know whether I was imagining it I must have missed this bit. What page? Link to comment Share on other sites More sharing options...
Big Bad Bob Posted 25 February, 2013 Share Posted 25 February, 2013 It's only an "alleged punch" according to The News... http://m.portsmouth.co.uk/sport/pompey/defender-s-pompey-future-in-balance-1-4823773 Rate: [h=4]Harry Stotle[/h]11:52 AM on 25/02/2013 That vid is now on every footie website on the web. What a lovely advert for our club. he forgets that his own club is a lovely advert for his club Link to comment Share on other sites More sharing options...
trousers Posted 25 February, 2013 Share Posted 25 February, 2013 @pn_neil_allen: Been asked to clarify by PKF, £2.16m fees are based on hours worked. They are not expected to claim them all. #Pompey http://t.co/ZbtZsHurG4 Link to comment Share on other sites More sharing options...
qwertySFC Posted 25 February, 2013 Share Posted 25 February, 2013 (edited) ‘For the ten-and-half month period to January 2, these are 7,295 hours and £2.16m respectively. Nice hourly rate there Trev - keep it going me old boy Edited 25 February, 2013 by qwertySFC Link to comment Share on other sites More sharing options...
trousers Posted 25 February, 2013 Share Posted 25 February, 2013 I must have missed this bit. What page? Page 1698 http://www.saintsweb.co.uk/showthread.php?14620-Pompey-Takeover-Saga/page1698 This post: http://www.saintsweb.co.uk/showthread.php?14620-Pompey-Takeover-Saga&p=1630183#post1630183 Link to comment Share on other sites More sharing options...
saint si Posted 25 February, 2013 Share Posted 25 February, 2013 @pn_neil_allen: Settlement has been reached with Gaydamak over his outstanding bank overdraft. The sum agreed was £1,134,677. #Pompey The settlement is detailed in the progress report issued by PKF in January! And it actually dates back to before August 2012... Not exactly breaking news... Link to comment Share on other sites More sharing options...
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