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Pompey Takeover Saga


Fitzhugh Fella

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"We have a number of parachute payments" - could that 'number' be 1 ?

 

No, 2.

 

1 in August and 1 in Feb 2014.

 

They must be the only team in history to stretch the PL parachute payments all the way to League 2! I've never considered them to be generous before, far from it, but they do appear to be 'sharing the wealth' throughout the football pyramid.

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http://teamlocals.co.uk/news/portsmouth/news-sport/pompey-start-fresh-but-not-totally-debt-free

 

So in effect, they're already about £11m in debt if you believe the PST figures. Which ignores the non-football CVA creditors also. And also doesn't account for the £3m plus "add-ons" for Fratton Park, most of which they need to pay by end of this month.

Edited by TopGun
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Ultimately they were very lucky that the Premier League gave them (and other relegated teams) an unexpected boost this season with the extra payment. They could get another one next year as a one-off but otherwise the remaining payments won't add up to to much. There is a figure that has been quoted here somewhere about PPs for L1 and L2 clubs which would be useful to know if somebody can dig it out.

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They are almost gone, but do feel sorry for the clubs and fans in League 2. No doubt they will be giving it large over the summer, but it would be funny if they get relegated again.

 

If they do, the Conference might quite appreciate them: an extra 100 on the gate for some clubs must be quite significant... :-)

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If it is truly a fan-owned club, then these and those rucking at Waterloo station are the people who own it.

 

Lovely. Classy.

 

Let's hope these really are the people making the decisions over the running of the club.

 

The rest of the football world will soon see why we wanted the cockroach of football crushed.

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If it is truly a fan-owned club, then these and those rucking at Waterloo station are the people who own it.

 

Lovely. Classy.

 

Let's hope these really are the people making the decisions over the running of the club.

 

The rest of the football world will soon see why we wanted the cockroach of football crushed.

 

Its a fair sentiment. But something that the few haven't yet grasped is that the football world have had zero interest in them for quite some time. They are an utter irrelevance. Again.

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Fr a man who fought tooth and nail to protect his 17m gave up with a whimper. It does not add up and almost certainly there is a reason for that.
he never lent them £17m in the first place? Or he's got a sizeable chunk of it back long the way?
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If it is truly a fan-owned club, then these and those rucking at Waterloo station are the people who own it.

 

Lovely. Classy.

 

former 657 member on the board acording to some random on the news webchat.
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So apart from getting the run around by Millwall, BWP taking the ****, a pitch invasion which was more camp than a Village People reunion and Oldham winning, its been a good start for the new regime

 

until I see those -10 points they ain't taken over.

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If it is truly a fan-owned club, then these and those rucking at Waterloo station are the people who own it.

 

Lovely. Classy.

 

Let's hope these really are the people making the decisions over the running of the club.

 

The rest of the football world will soon see why we wanted the cockroach of football crushed.

 

Now now, Let's make sure that we get this as factually correct as a Neil Allen article in the snooze. They weren't rucking, the 657 crew were simply trying to encourage new fans to make their donations to the pst...

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I thought the other story under the pitch invasion in the News was more worry to the skate bastards

BEGGARS were told to stop asking the public for money or face prosecution as a major police operation was launched last night.

 

Simon Hayes, the police and crime commissioner for Hampshire and the Isle of Wight, joined officers on the streets of Portsmouth to help hand out letters to beggars.

 

The notices warned them that begging is a criminal offence – and they could face arrest if they continue.

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