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Pompey Takeover Saga


Fitzhugh Fella

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Straight to the top of the leaderboard of his most insightful tweets.

 

It turns out there was a good reason for that...

 

@pn_neil_allen: Bah! My two-year-old hijacked my phone! My apologies. Not quite sure how he did it though considering Twitter was not on!!

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It turns out there was a good reason for that...

 

@pn_neil_allen: Bah! My two-year-old hijacked my phone! My apologies. Not quite sure how he did it though considering Twitter was not on!!

 

The lad is to be commended for the clarity and insightfulness of his comment, which puts his old man's opinions to shame.

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It turns out there was a good reason for that...

 

@pn_neil_allen: Bah! My two-year-old hijacked my phone! My apologies. Not quite sure how he did it though considering Twitter was not on!!

 

Next he'll be blaming his dog

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It turns out there was a good reason for that...

 

@pn_neil_allen: Bah! My two-year-old hijacked my phone! My apologies. Not quite sure how he did it though considering Twitter was not on!!

 

I bet he wrote the tweet, because he is drunk and wants to get an 'aww how cute' from some portsmouth spastico woman.

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They might but the credit card companies won't :) :) :) :)

 

 

 

Q: Can we still pay by credit card?

A: Yes, but the costs are high and your money is only released to us on a match-by-match basis

 

I was, rather naively, going to ask about the "If you pay cash you get a better discount" thing but I guess they have no choice...

Guess they're paying the price for defaulting on so many debts..

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pfc_season_tickets_201314.jpg
i can just about put up with all the other rubbish on that flyer but 'Pride of the South' is laughable. Only the most hardened Pompey fan would ever believe that there was anything to do with pride when their name comes up
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So many tempting options...But I don't really understand the pricing. What's the price if I pay cash after July 15th? I get a free meal when I add £70,£75,£80or £85?

 

The meal is a pie and a bag of crisps.

 

LOL

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Worth noting that "Pride of the South" is in red. So could refer to Saints (or Bournemouth).

 

Oh yeah, and if anyone can be bothered to register, there's some thick Skate spreading misinformation on the Luton article comments.

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FWIW I think their prices are quite reasonable (though on a par with our L1 prices), but their tactics of getting as much cash up front as possible does not auger well for their ability to meet costs later in the season. In fact it's almost as if they want a wad of cash to wave to get their budget fixed by the FL in order to be able to run up debt later in the season... :rolleyes:

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It appears Luton fans aren't too happy....

 

"Trust issues new letter over Pompey punishment

 

Published on 03/05/2013 07:00

 

Persistent Luton Town supporters club Trust in Luton have followed up their letter to the Football League over the sanctions administered to rivals Watford by penning another missive to the authorities about the punishment handed out to League One Portsmouth, writes Mark Wood.

 

Feelings still run high among Hatters supporters over the 10-point deduction they suffered in 2007–08 for entering administration and the draconian 30 points docked from its 2008–09 record by the Football Association and Football League for various financial irregularities.

 

A statement by TiL read: “The purpose of our letter to the Football League is, once again, to draw their attention to and seek their comments on the contradictions between the sanctions imposed against each club.

 

“It’s taken five years but the unfathomable decisions by the football authorities in 2008 are now starting to unravel and it’s time to find out exactly what did happen behind those closed doors.

 

“We want a response to both letters. We all – every one of us Luton supporters – deserve an explanation. Not a wall of silence. Not a bland dismissive non-statement. But an explanation. At the very least.

 

“Watch this space. TiL – on your behalf, and on our club’s behalf - will not let this lie.”

 

Portsmouth’s 10-point deduction will be imposed this season in stark contrast to what happened to the Hatters.

 

The statement continued: “You won’t have been surprised to learn that Portsmouth have been docked 10 points for coming out of administration for the second time in three years without, in the Football League’s own words “a fully compliant CVA” - because after all, rules are rules.

 

“What is surprising, however, is that those 10 points have been deducted from this season’s points tally – a season in which Portsmouth have already been relegated - making the deduction a meaningless gesture.

 

“If you recall, in the summer of 2008, Luton were hit with a 20 point deduction by the Football League when coming out of administration.

 

“Far from being backdated into our own relegation season of 2007-08, the points were to be taken from the 2008-09 season which, when added to the FA’s own 10 point penalty, gave rise to our infamous, and widely criticised, -30 point season. An effective death sentence to our Football League status.”

 

And while pleased to have seen Pompey rescued by a supporters group TiL are understandable puzzled by the differences in treatment.

 

The statement added: “As the Supporters Trust who contributed to securing the future of our club after the mismanagement, misdemeanours and misjudgements of previous owners had put us into administration, we of course applaud the work and success of the Portsmouth Supporters Trust in rescuing that fine old club, which has suffered so much from bad ownership.

 

“No-one knows how much that struggle hurts and costs more than we do.

 

“But for the second time in a short period, we are left scratching our heads in puzzlement.

 

“How come – again – a club gets a meaningless punishment, when we were left deep in the mire in similar circumstances?

 

“Despite sending a reminder, we haven’t yet had the decency of a response from the Football League’s Andy Williamson to our letter about the contrast between Watford’s sanctions and ours.

 

“Perhaps he’s waiting to see where they finish? But we have now written to him again about the Portsmouth case.”

 

 

A lot of people might ask the same question. For a club that has supposedly been dumped on by owners and the governing bodies, they do seem to keep on catching a break. Tell a Pompey fan that without the likes Chainrai and Antonov their club would have folded ages ago and watch them go....

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The battling PR machine is up and running again, peddling simple messages to the deluded and hard of thought.

 

 

Guy Whittingham says Pompey can fight fire with fire as Premier League big guns move in on their territory.

The Blues boss reckons his club can more than match the likes of Chelsea who are aiming to poach their young talent.

 

I suspect they will in reality be fighting fire with a petrol-soaked newspaper.

But it's always nice to hear a shrill rallying cry that suggests a League Two club has more to offer than the Champions of Europe when it comes to signing a young player deemed good enough to one day play in the top flight.

 

When the first team stops training out of their car boots and they can afford some cones, perhaps they can convince the next youngster's parents that they still have that youth set up that they formerly boasted was 'the envy of the rest of the country'.

 

 

Methinks an extinct football dinosaur is still trying to bark like a big animal.

Squeak, squeak.

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The battling PR machine is up and running again, peddling simple messages to the deluded and hard of thought.

 

 

Guy Whittingham says Pompey can fight fire with fire as Premier League big guns move in on their territory.

The Blues boss reckons his club can more than match the likes of Chelsea who are aiming to poach their young talent.

 

I suspect they will in reality be fighting fire with a petrol-soaked newspaper.

But it's always nice to hear a shrill rallying cry that suggests a League Two club has more to offer than the Champions of Europe when it comes to signing a young player deemed good enough to one day play in the top flight.

 

When the first team stops training out of their car boots and they can afford some cones, perhaps they can convince the next youngster's parents that they still have that youth set up that they formerly boasted was 'the envy of the rest of the country'.

 

 

Methinks an extinct football dinosaur is still trying to bark like a big animal.

Squeak, squeak.

of course the Champions league and PL clubs are full of players born in Pompey, it is such a hotbed of talent...Gary O'Neill lol
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If [saints] ever finish in the top 4, it will be down to gross overspending. Almost like cheating.

 

But of course it isn't, because as they always happily remind us, they're forever rich, as Leibherr's lot dropped 'billions' into their lap and apparently don't want it back. If you mention the letters 'BVI', they instantly dismiss it, and any attempt to show factual PROOF they they're around 42 million in the red will see you being called a liar and the genuine, accredited website that has the information available, free for all to see, is labelled as completely wrong and an attempt at a vicious smear campaign against them.

 

They were given the chance to learn their lesson and have done no such thing. Let them implode.

 

I thought this BVI loan was only £17M, somehow it's increased to £42M, so are we 42 million in the red or is this another Portsea Island myth?

 

Meanwhile, Banker, A.K.A. Corporate Ho, thinks Edgar Davids is going to leave Barnet to become Whittingham's assistant manager. Surprised he's not advocating the arrival of Maradona or Riquelme... :facepalm:

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I thought this BVI loan was only £17M, somehow it's increased to £42M, so are we 42 million in the red or is this another Portsea Island myth?:

 

No evidence of it being £17m either, Pompey fans are simply plucking numbers out of the air. No-one on any Saints or Pompey message-board knows the size or purpose of the loan.

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Didn't the recent accounts show it to be c.£3m in the end?

 

Lectures about financial restraint from Pompey fans? I've been needing a good laugh since yesterday's result so pass on my thanks for that one.

 

#factless

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Those accounts are for 2011/12, the loan was taken out in September 2012.

 

I just remembered where I got the "c.£3m" figure from..... this tweet from Tony Husband when the figures were published in March:

 

http://www.saintsweb.co.uk/showthread.php?43668-Saints-financial-figures&p=1639871#post1639871

 

@TonyHusbandBBC: #saintsfc Training ground improvements have been funded by a "low interest" loan, currently standing at £3.8m in end of year accounts.

 

My understanding is that the figures published in March weren't the regulatory annual company figures but disclosure of figures required by the Premier League (??). So, maybe that could account for figures included that are later in the financial year? Maybe, maybe not.

 

Anyway, that's where I got the figure from. Could be related to the BVI loan, or maybe not...?

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I thought this BVI loan was only £17M, somehow it's increased to £42M, so are we 42 million in the red or is this another Portsea Island myth?

 

Meanwhile, Banker, A.K.A. Corporate Ho, thinks Edgar Davids is going to leave Barnet to become Whittingham's assistant manager. Surprised he's not advocating the arrival of Maradona or Riquelme... :facepalm:

 

Don't blame Andy awfull keeping well away from No2 boss, with Whitters track record he would be out of a job come October,

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quote_icon.png Originally Posted by powered_by_pies on POL

If [saints] ever finish in the top 4, it will be down to gross overspending. Almost like cheating.

 

But of course it isn't, because as they always happily remind us, they're forever rich, as Leibherr's lot dropped 'billions' into their lap and apparently don't want it back. If you mention the letters 'BVI', they instantly dismiss it, and any attempt to show factual PROOF they they're around 42 million in the red will see you being called a liar and the genuine, accredited website that has the information available, free for all to see, is labelled as completely wrong and an attempt at a vicious smear campaign against them.

 

They were given the chance to learn their lesson and have done no such thing. Let them implode.

 

:lol:

 

Good old cheating skates. Projecting again.

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Those idiot skates do seem concerned with our finances and seem particularly worried that we are "cheating" if the Liebherrs invest funds into their own personal asset. The lack of an extended gene pool in and around Portsea ultimately breeds them brain dead, I suppose.

 

However, the bigger picture is that around circa 150 million pounds or more has gone through cheats FC and yet they have plunged from PL to Div 4. It must be all but physically impossible for this to happen if that money (no matter how ill gotten) was spent on the team and on infrastructure. But they have no training ground, no proper academy, not even a clock at Fatpipes and next stop the Blue Square league.

 

Therefore, my question is this ... who has actually got all that money they have ripped off from innocent creditors these last few years? Admittedly, the usual suspects have been widely canvassed in this fine study of human frailties you are now reading, but surely the authorities (judicial not just football) would have long ago put two and two together and been all over this like a rash? But no, 150m+ of other people's money just disappears in a puff of smoke and no one, apart from us and perhaps Luton supporters, bats an eyelid or thinks anything could be amiss. Even a "forensic investigation" disappears into the ether and nobody in authority goes looking for it. Strange. But you try not paying a parking ticket ...

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Re:- BVI loan. Won't say who explained this to me when it occurred, but this is what I was told.

The Liebherr family want Saints to be success full and self -supporting, but know this will take time to achieve. To this end theyhave allocated a sum of money every year for a number of years. Capital projects like the training and academy, are to be separately funded out of a totally separate budget. The BVI loan was taken out for 12 million to cover the transfer of Ramires, because it had to be paid in one lump up front rather than in the usual staged payments. The loan is for 12 months to purely cover the transfer, nothing else. It was loaned against future income, k owing that a further annual 'cash injection' staged payment was coming.

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FWIW I think their prices are quite reasonable (though on a par with our L1 prices), but their tactics of getting as much cash up front as possible does not auger well for their ability to meet costs later in the season. In fact it's almost as if they want a wad of cash to wave to get their budget fixed by the FL in order to be able to run up debt later in the season... :rolleyes:

 

You'll no doubt be delighted at the prospect of Newport County beating skates twice next season.

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pn_neil_allen 7:26pm via Tweetbot for iOS

The return of Newport County to the FL. Managed by ex-#Pompey player Justin Edinburgh and squad includes Southsea lad Jake Thomson.

 

Straws. Clutching at.

 

He neglects to mention that its ex-Southampton player Jake Thomson too.

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James Pearce ‏@Pearcesport 27m Congratulations to Newport County on promotion to Football League. Another uplifting story of club rising from ashes. Inspiration to others

 

A beacon of hope for the skates?

 

Well yes, unless you look up the M3 a bit at Aldershot

 

Oi, let me at LEAST have today before reality hits home. Over twenty-five frigging years from the last League match against Rochdale until today's confirmation of Newport's return to Div 4. I already have a lot of FB friends asking if they can come along to see County at Fratton in the League next season. :)

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Skates have tweeted to congratulate Newport and say they look forward to welcoming them to Fratton next season.

 

Newport said to be considering their newly established Football League position.

 

Should get the Golden Share quicker than they did, anyway. :D

 

FWIW Newport have a £45.5m lottery winner on the board. Not that he invests.

Edited by The9
A moment of Pompeynomics, he won £45.5m not £125m.
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pn_neil_allen 7:26pm via Tweetbot for iOS

The return of Newport County to the FL. Managed by ex-#Pompey player Justin Edinburgh and squad includes Southsea lad Jake Thomson.

 

Straws. Clutching at.

 

He neglects to mention that its ex-Southampton player Jake Thomson too.

 

Not to mention that he's nowhere near the first team either... and they would have sent him on loan to Lincoln in January if it hadn't been for Newport announcing it on Twitter before it was complete and Lincoln having a pop at them for unprofessionalism for announcing it when they hadn't completed the forms... :facepalm:

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Anyway, yes I'm delighted, and yes it's bloody hilarious. And that'll be my last mention of the formerly bankrupt non-League team who will start next season in the same division as the Plucky Pompsters on an even footing. Until the fixtures come out, I suspect. Let's not forget they also have to play Dagenham & Redbridge.

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Not to mention that he's nowhere near the first team either... and they would have sent him on loan to Lincoln in January if it hadn't been for Newport announcing it on Twitter before it was complete and Lincoln having a pop at them for unprofessionalism for announcing it when they hadn't completed the forms... :facepalm:

 

Is the Lincoln chairman related to Cortese by any chance ?

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pompey player offers realistic view of future shock!...

 

One thing I do know is it’s not going to be easy in League Two next season.

Anyone who thinks it will be straight-forward to bounce back is going to be in for a surprise.

 

Shaun Cooper must be a scummah for offering such nonesense.

Or is he worried that the games will be too big for the refs and that every side will regard a trip to the packed fortress as their cup final?

Yes that must be it, pompey are too big for the league and as a result have generated the best expectation in world football.

 

I recall reminding myself when we were playing the likes of Dagenham that we were in that league on merit and should be wary of looking down on anyone who has earned the right to play at the same level.

Rochdale gave us a lesson in humility, perhaps Newport and friends will offer a few similar lessons down the road, but I doubt that they'll be taken on board by a club that ignores reality and claims to have the best atmosphere in THE WORLD. :lol:

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