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Pompey Takeover Saga

Fitzhugh Fella

By Fitzhugh Fella,
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stevegrant

stevegrant

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This is today's Guardian bit on Pompey:

 

http://www.guardian.co.uk/football/2010/jan/25/portsmouth-transfer-embargo-sulley-muntari

 

In brief, the club claim to have reached an agreement with Udinese; PL lawyers are looking at it to see if it means the embargo can finally be lifted. PFA rep met Pompey players yesterday to discuss the club's instability. PFC yet to decide whether to appeal against High Court ruling on the winding-up petition (I think today's the last day they can appeal, but I'm not totally sure of that). Mention of players they may try to get if the embargo goes.

 

And that's about it, though there's a lot more detail in the full article. One name conspicuous by its absence is Gaddafi junior.

I can't believe the Premier League would relax the embargo until the players have been paid on time. If there's another delay then all that does is confirm that they cannot afford the players they've currently got, let alone buy any new ones.

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StuRomseySaint

StuRomseySaint

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I can't believe the Premier League would relax the embargo until the players have been paid on time. If there's another delay then all that does is confirm that they cannot afford the players they've currently got, let alone buy any new ones.

 

I really cannot understand why the embargo would be lifted full stop.

 

The players have not been paid on time 3 out of the last 4 months, clubs are not getting paid and creditors queueing up... why on earth would the Premier League allow Portsmouth to go and spend money on players when creditors are queuing up to be paid.

 

It will be an absolute disgrace if they lift the embargo, and I am not just saying it because it is Portsmouth, but there are local businesses, SME's etc who are desperate for the money Pompey own them and in the meantime Pompey will be allowed to go and splash out cash on players?

 

Having said that, I can't imagine any club in their right mind who would sell Pompey a player for anything other than 100% cash up front.

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pedg

pedg

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I really cannot understand why the embargo would be lifted full stop.

 

The players have not been paid on time 3 out of the last 4 months, clubs are not getting paid and creditors queueing up... why on earth would the Premier League allow Portsmouth to go and spend money on players when creditors are queuing up to be paid.

 

It will be an absolute disgrace if they lift the embargo, and I am not just saying it because it is Portsmouth, but there are local businesses, SME's etc who are desperate for the money Pompey own them and in the meantime Pompey will be allowed to go and splash out cash on players?

 

Having said that, I can't imagine any club in their right mind who would sell Pompey a player for anything other than 100% cash up front.

 

Its interesting that a few weeks ago the PL where all for having Pompey show they could meet future payments before lifting the embargo but that appears not to be mentioned now with pompey saying once they have sorted a deal with udinese that it should be lifted? Suspect the PL are running scared of a legal challenge as possibly adding that sort of constraint is beyond their rules?

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StuRomseySaint

StuRomseySaint

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Its interesting that a few weeks ago the PL where all for having Pompey show they could meet future payments before lifting the embargo but that appears not to be mentioned now with pompey saying once they have sorted a deal with udinese that it should be lifted? Suspect the PL are running scared of a legal challenge as possibly adding that sort of constraint is beyond their rules?

 

No club which is not paying it's bills to creditors should be allowed to deall in transfers unless they are selling, simple as that. Will be a f*cking disgrace if they are allowed to buy players instead of paying their bills to the dozens of local businesses.

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stevegrant

stevegrant

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When you add it to the fact that the FA still refuse to lift Bournemouth's transfer emargo despite them not having been in administration for ages now makes it even more wrong that the skates could have theirs lifted.

Absolutely. Bournemouth have 13 fit players for their next two games, and yet the FA are still refusing to allow them to sign anyone on loan, even if the parent club pays all the wages! :rolleyes:

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GenevaSaint

GenevaSaint

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Its interesting that a few weeks ago the PL where all for having Pompey show they could meet future payments before lifting the embargo but that appears not to be mentioned now with pompey saying once they have sorted a deal with udinese that it should be lifted? Suspect the PL are running scared of a legal challenge as possibly adding that sort of constraint is beyond their rules?

 

PEDG, absolutely 100% correct. It wasn't just Pompey paying their current creditors, they needed to prove they could meet future payments and that a long term funding source made them viable (or words to that effect).

 

Sounds like this requirement has now been watered down significantly.

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GenevaSaint

GenevaSaint

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No club which is not paying it's bills to creditors should be allowed to deall in transfers unless they are selling, simple as that. Will be a f*cking disgrace if they are allowed to buy players instead of paying their bills to the dozens of local businesses.

 

Hopefully there will be some fallout from this debacle. On transfer fronts I'd like to see all debts settled when you sell a player on. Bit like a car, no HP/outstanding charges can be in place when you sell. The fact that pompey still owe money for transfers where they've sold the player on sucks. But for 4m, sell for 12m but they still owe money for Muntari is all wrong.

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Winchester Red

Winchester Red

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PEDG, absolutely 100% correct. It wasn't just Pompey paying their current creditors, they needed to prove they could meet future payments and that a long term funding source made them viable (or words to that effect).

 

Sounds like this requirement has now been watered down significantly.

 

I've not heard the Premier League say it doesn't matter anymore.

 

I thought only Jacobs had said this, in which case it's unlikely to be true.

 

Tick tock tick tock

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Crab Lungs

Crab Lungs

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Fear not, they've got another penniless wonder - Gaddafi Jnr couldn't afford to pay a hotel bill and is always being sued for unpaid bills, expenses :D

 

Irrespective of whether that is true or not, Portsmouth football club have to be the most disgusting, shameless club in history. Arms runners, crooks and now the son of a dictator who funded the IRA.

 

Nice one.

 

I'm just glad we've got Markus 'the Nazi' LOL

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Clapham Saint

Clapham Saint

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http://www.portsmouth.vitalfootball.co.uk/article.asp?a=185997

 

So not Gadaffi then?

 

Shame, that would have been hilarious. Who would be better? Wonder if Mugabe has a yacht?

 

This particular 'Fratton Park source' told ESPN Soccernet: 'we have been talking with a new potential owner, in fact we have been talking to two or three interested parties, and one of them is interested enough to want a second round of talks, and we shall know soon enough whether they will make an offer.' [/Quote]

 

One of them is interested in a second round of talks. So the other two took one look, p1ssed themselves laughing and walked away?

 

Nobody in their right mind is going to invest. Even "Fratton Partk sources" are struggling to put a positive spin on things. :rolleyes:

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aintforever

aintforever

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No club which is not paying it's bills to creditors should be allowed to deall in transfers unless they are selling, simple as that. Will be a f*cking disgrace if they are allowed to buy players instead of paying their bills to the dozens of local businesses.

 

I remember reading somewhere that the PL would not lift the embargo unless they "were satisfied that the club's finances were in order".

 

Hinting that even if they scrape enough money together for this months wages and their overdue payments they would still have the embargo. It's only fair, Bournemouth have had the embargo all season despite being able to pay their players and debts.

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sidthesquid

sidthesquid

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Two questions for the clever people - one, have Poopey lodged an appeal against the winding up order (I believe they had seven days to do so) & two, how the feck can the PL consider lifting a transfer embargo against a club with a winding-up order against it that are quite likely to miss paying the wages on the due date again?

(Fwiw, it still seems like cheating to me. Burnley & Wolves still playing with CCC players because that is all they can afford, Poopey using players on the top end of the Prem wage scale with no prospect of covering the cost. Also, it seems to me that all these foreign clubs like Udinese & Lens are basically being blackmailed into accepting deferred payments with the threat that if they demand what they are rightfully due now the club will go t1ts up immediately & they won't see a penny. What a thoroughly nasty little cheaters club it is...)

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Clapham Saint

Clapham Saint

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Two questions for the clever people - one, have Poopey lodged an appeal against the winding up order (I believe they had seven days to do so) & two, how the feck can the PL consider lifting a transfer embargo against a club with a winding-up order against it that are quite likely to miss paying the wages on the due date again?

(Fwiw, it still seems like cheating to me. Burnley & Wolves still playing with CCC players because that is all they can afford, Poopey using players on the top end of the Prem wage scale with no prospect of covering the cost. Also, it seems to me that all these foreign clubs like Udinese & Lens are basically being blackmailed into accepting deferred payments with the threat that if they demand what they are rightfully due now the club will go t1ts up immediately & they won't see a penny. What a thoroughly nasty little cheaters club it is...)

 

1) Doesn't look like it (yet)

 

2) They can't

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Saint_clark

Saint_clark

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There will be a mass walkout of players starting next week, much like Weymouth last year.

For those who don't know what happened, Weymouth had to field their youth players and ended up losing the next game 9-0. They then invited ANYONE to come to the stadium and have a trial.

Here's hoping Pompey do the same.

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ottery st mary

ottery st mary

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There will be a mass walkout of players starting next week, much like Weymouth last year.

For those who don't know what happened, Weymouth had to field their youth players and ended up losing the next game 9-0. They then invited ANYONE to come to the stadium and have a trial.

Here's hoping Pompey do the same.

 

 

Pulis, Forecast and Molyneaux turned up and were turned away :arrow:after a trial...Last seen heading towards Pompey.;)

Weymouth were taking anyone but wanted footballers.:D

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Um Bongo

Um Bongo

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There will be a mass walkout of players starting next week, much like Weymouth last year.

For those who don't know what happened, Weymouth had to field their youth players and ended up losing the next game 9-0. They then invited ANYONE to come to the stadium and have a trial.

Here's hoping Pompey do the same.

 

I'll go for a trial. I'll be goalie.

 

Sorry lads, I didn't know I could use my hands!

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dubai_phil

dubai_phil

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There will be a mass walkout of players starting next week, much like Weymouth last year.

For those who don't know what happened, Weymouth had to field their youth players and ended up losing the next game 9-0. They then invited ANYONE to come to the stadium and have a trial.

Here's hoping Pompey do the same.

 

 

Anyone got Ali Dia's number?

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Joensuu

Joensuu

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Posted
There will be a mass walkout of players starting next week, much like Weymouth last year.

For those who don't know what happened, Weymouth had to field their youth players and ended up losing the next game 9-0. They then invited ANYONE to come to the stadium and have a trial.

Here's hoping Pompey do the same.

 

 

No such luck, unless they get that transfer embargo lifted they can't even play members of the public. Shame, as their youth team sound quite talented, and no doubt will be playing to impress...

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100%Red&White

100%Red&White

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No such luck, unless they get that transfer embargo lifted they can't even play members of the public. Shame, as their youth team sound quite talented, and no doubt will be playing to impress...

 

 

Wonder whether they'd fancy a feisty derby atmosphere to make their debut?

 

Anyway, they wouldn't be able to get here, didn't someone say on here yeaterday they'd had their bus confiscated? :)

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pedg

pedg

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And the Prem League will look like a right load of dipsy doodles if the Skates fail to pay the staff on time once again !

 

I expect they will come up with a line like..

 

"Though we are worried about the ongoing financial situation at portsmouth they have complied with letter of the regulations and as such we have no option but to remove the embargo"

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PES

PES

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Wonder whether they'd fancy a feisty derby atmosphere to make their debut?

 

Anyway, they wouldn't be able to get here, didn't someone say on here yeaterday they'd had their bus confiscated? :)

 

LOL, It's be like 30,000 vile Dads screaming abuse at the kids in a Southampton Tyro league game! :D

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Joensuu

Joensuu

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LOL, It's be like 30,000 vile Dads screaming abuse at the kids in a Southampton Tyro league game! :D

 

1) The game is at St Mary's PES, not Fratton

2) Even if it was being played at Krap Nottarf, the stadium (sic) can't even hold that many fans

3) Even if Krap Nottarf could hold 30,000, where would the blue few find that many fans from?

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StuRomseySaint

StuRomseySaint

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Absolute disgrace... and I am not saying that because it is P*mpey.

 

How can any football club be allowed to buy players when they can't even afford to pay their staff, let alone creditors.

 

I suppose the one good thing is that no football club in their right mind is going to sell a player to them for anything other than cash up front or a loan.

 

The Premier League have f*cked this one up completely. If they don't pay the players and staff on time again on Friday, yet manage to rustle up some transfer fees then The FA and UEFA/FIFA need to have a long hard look at what the PL are up to.

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