Sevvy Posted 20 January, 2014 Share Posted 20 January, 2014 #factless article trust maintain majority shareholding whilst presidents make emergency maintenence loans to keep the grand old lady in order the presidents have moved to ensure that the trust keeps hold of their majority stake in pompey by loaning the club essential funds in order to continue playing at fratton parkwhich translates to the developers have been successfull in loading secured debt onto pompey, ensuring they are major creditors in the likely event of insolvency Can you just imagine the meltdown if that were to happen, Link to comment Share on other sites More sharing options...
rallyboy Posted 20 January, 2014 Share Posted 20 January, 2014 Has Barker managed to demotivate the only quality player in his squad?.... Connolly revealed he has stepped back from the coaching duties he was carrying out under Guy Whittingham. He said ‘I’m just training and playing when selected. Which translates as, I was overlooked for the job and the bloke they gave it to has not only taken me off coaching duties but he doesn't even know a good player when he sees one - now I can't even get in the team so all you clubs out there, please come and rescue me with a player/coach offer. Link to comment Share on other sites More sharing options...
trousers Posted 20 January, 2014 Share Posted 20 January, 2014 Nabil Hassan @NabilHassan79 Former owner of #pompey Football Club Vladimir Antonov should be extradited to Lithuania to face fraud charges, a court has ruled. Vladimir Antonov and his Lithuanian business partner Raimondas Baranauska are suspected of stripping £420m from a Lithuanian bank. Judge concluded they would receive a fair trial in Lithuanian and found no evidence of risk to their human rights. 7 days to appeal. Link to comment Share on other sites More sharing options...
Clapham Saint Posted 20 January, 2014 Share Posted 20 January, 2014 #factless article trust maintain majority shareholding whilst presidents make emergency maintenence loans to keep the grand old lady in order the presidents have moved to ensure that the trust keeps hold of their majority stake in pompey by loaning the club essential funds in order to continue playing at fratton parkwhich translates to the developers have been successfull in loading secured debt onto pompey, ensuring they are major creditors in the likely event of insolvency Can you just imagine the meltdown if that were to happen, The presidents making loans (rather than injecting new equity) means that the trust retains its majority shareholding. Of course the totally unintended consequence of this is that the presidents can take the loan money back out again without needing the 75%/90% shareholder vote. As I said though, an unintended and unfortunate consequence. I'm sure it won't ever come to that. Link to comment Share on other sites More sharing options...
JackanorySFC Posted 20 January, 2014 Share Posted 20 January, 2014 Just on twitter, their new CEO is saying any more "share" purchases/ pledge conversions, between now and April deadline will be used to fund a new training ground. Now I'm no land magnate/ property developer, but I'm not sure where or how you can buy 10 - 15 acres of land in PO and develop that land into multi surface pitches/ changing rooms, gym, offices etc for a few thousand £? Not another desperate attempt to get more conversions eh? If the Presidents have to stump up the difference needed for new training facilities that would bring them well over the 50% mark. Link: http://www.bbc.co.uk/sport/0/football/25808501?utm_source=twitterfeed&utm_medium=twitter Link to comment Share on other sites More sharing options...
eurosaint Posted 20 January, 2014 Share Posted 20 January, 2014 From the News article on trimming the squad (or not, depending on how you read it!) : Barker explained: "I would like it to be a lot less than I have got now, I don’t know the exact number, but you are talking about high 20s" Is it only me who thinks that the manager should know exactly how many players he has ? Perhaps he struggles to count up to thirty but otherwise it really comes across as incompetence on a grand scale ! I am willing to bet that the manager of my local Sainbury's knows exactly how many staff he has and it will be a helluva lot more than the high 20's ! Link to comment Share on other sites More sharing options...
trousers Posted 20 January, 2014 Share Posted 20 January, 2014 Two Questions: (1) when did the media start calling the £1000 donations "shares"? (2) When is someone going to correct them? Link to comment Share on other sites More sharing options...
Lord Duckhunter Posted 20 January, 2014 Share Posted 20 January, 2014 The rewriting of history as it happens extends to lesser sports too, as you can see from this early entry in the 2014 Misleading Sentence of the Year competition. PENNY Mordaunt has triumphed for Portsmouth after completing her dive on national television without any major hitches. 1. She didn't triumph. 2. She didn't really complete a dive. 3. There were major hitches. Other than those minor points, spot on! According to Andrew pierce she's claimed house of commons expenses to travel to the lilo tthat was her chosen charity. As its in the same road as her constituency office, he claims the amount she billed the tax payer for was 90p. Link to comment Share on other sites More sharing options...
Whitey Grandad Posted 20 January, 2014 Share Posted 20 January, 2014 According to Andrew pierce she's claimed house of commons expenses to travel to the lilo tthat was her chosen charity. As its in the same road as her constituency office, he claims the amount she billed the tax payer for was 90p. Unless she travelled there from Westminster. Link to comment Share on other sites More sharing options...
hutch Posted 20 January, 2014 Share Posted 20 January, 2014 From the News article on trimming the squad (or not, depending on how you read it!) : Barker explained: "I would like it to be a lot less than I have got now, I don’t know the exact number, but you are talking about high 20s" Is it only me who thinks that the manager should know exactly how many players he has ? Perhaps he struggles to count up to thirty but otherwise it really comes across as incompetence on a grand scale ! I am willing to bet that the manager of my local Sainbury's knows exactly how many staff he has and it will be a helluva lot more than the high 20's ! They run out of fingers and toes after 24 Link to comment Share on other sites More sharing options...
Fitzhugh Fella Posted 20 January, 2014 Author Share Posted 20 January, 2014 Those are odds to be relegated, not to stay up. Seems BETVictor are the only bookies to have that market at the moment. Pompey are 1/20 to stay up so not really worth a bet. http://www.bookies.com/football/england/league-two/to-stay-up/ Thanks MLG - you are right bad odds Link to comment Share on other sites More sharing options...
St Chalet Posted 20 January, 2014 Share Posted 20 January, 2014 May I suggest a quick review of @smudge1962 timeline for an interesting evening Nutjobs. Link to comment Share on other sites More sharing options...
St Chalet Posted 20 January, 2014 Share Posted 20 January, 2014 @Smudge1962: @mickwill You talking about me Williams? If you have something to say, say it to my face. Do you think money buys you some kind of status @Smudge1962: @mickwill What you know about football I could put on the back of a postage stamp. Hide behind your wife you prat @Smudge1962: @mickwill@colinfarmery Why don't you deploy a few more thugs to try and threaten me Mick. Water off a ducks back. @Smudge1962: @mickwill @colinfarmery Ultimately you and the boards inept decision making will be the death of this great football club. @ourstodestroy Link to comment Share on other sites More sharing options...
Channon's Sideburns Posted 20 January, 2014 Share Posted 20 January, 2014 May I suggest a quick review of @smudge1962 timeline for an interesting evening Nutjobs. Popcorn at the ready.... Link to comment Share on other sites More sharing options...
Joey-deacons-left-nut Posted 20 January, 2014 Share Posted 20 January, 2014 So, connollys starting to get ****ed off..... No longer helping with the coaching.... Link to comment Share on other sites More sharing options...
Jonnyboy Posted 20 January, 2014 Share Posted 20 January, 2014 Who's Smudge? Link to comment Share on other sites More sharing options...
View From The Top Posted 20 January, 2014 Share Posted 20 January, 2014 So, connollys starting to get ****ed off..... No longer helping with the coaching.... Where does that come from? Link to comment Share on other sites More sharing options...
andysstuff Posted 20 January, 2014 Share Posted 20 January, 2014 Ha ha. Rule one - never **** off journos current or ex. Link to comment Share on other sites More sharing options...
Weston Super Saint Posted 20 January, 2014 Share Posted 20 January, 2014 @Smudge1962: @mickwill You talking about me Williams? If you have something to say, say it to my face. Do you think money buys you some kind of status @Smudge1962: @mickwill What you know about football I could put on the back of a postage stamp. Hide behind your wife you prat @Smudge1962: @mickwill@colinfarmery Why don't you deploy a few more thugs to try and threaten me Mick. Water off a ducks back. @Smudge1962: @mickwill @colinfarmery Ultimately you and the boards inept decision making will be the death of this great football club. @ourstodestroy I don't understand this whole twitter malarky Who is smudge? Who is mickwill? Who is colinfarmery? Who the hell is saying what to who in that twitter conversation? #menounderstandit! Link to comment Share on other sites More sharing options...
Saint in Paradise Posted 20 January, 2014 Share Posted 20 January, 2014 Where does that come from? Read post 94375 by Rallyboy earlier on this very page. Link to comment Share on other sites More sharing options...
rallyboy Posted 20 January, 2014 Share Posted 20 January, 2014 Re that Tweet conversation - roughly speaking.... Trust member is slagging off pompey-supporting journo who has voiced the opinion to his 108,000 followers that the pompey board is inept and taking them out of the football league. Trust member not happy. Follow that trail and you find another writer being attacked for claiming that the club is paying Chanrai quite a chunk every month for another four years, and that Robinson is getting over £100K a month. He admits to getting some detail wrong but stands by the amounts. If true it all looks a bit Admin V - the final frontier, as mentioned by GM. Either way the locals are revolting. Link to comment Share on other sites More sharing options...
St Chalet Posted 20 January, 2014 Share Posted 20 January, 2014 I don't understand this whole twitter malarky Who is smudge? Who is mickwill? Who is colinfarmery? Who the hell is saying what to who in that twitter conversation? #menounderstandit! Paul Smith is an ex Sun and Mirror football correspondent. http://www.sportsjournalists.co.uk/other-bodies/football-writers/sun-signs-up-paul-smith-for-sunday-football-duty/ Mick Williams is a Pompey President and Colin Farmery is their PR consultant (yes, he really is) Link to comment Share on other sites More sharing options...
trousers Posted 20 January, 2014 Share Posted 20 January, 2014 Also check out a spat with Ian Ridley from the Telegraph....jumped upon by the Pompey massive for getting a fact wrong in an article... Pots and kettles etc... Here's how it started... Link to comment Share on other sites More sharing options...
Pedro Posted 20 January, 2014 Share Posted 20 January, 2014 To summarise, the trust presidents are a bunch of uncouth foul mouthed wannabees and will probably take PFC further down the football pyramid or do I read it wrong. I don't understand Twitter either but love reading the nutjobs who keep us updated. Link to comment Share on other sites More sharing options...
trousers Posted 20 January, 2014 Share Posted 20 January, 2014 @Pompey_Fans: New defender happy to be at 'magical' Fratton: Pompey's latest recruit is hoping his experience can he... http://t.co/mJCad30H6q #pompey The only thing 'magical' about Pompey is how they can make c.£150m disappear before everyone's eyes... Link to comment Share on other sites More sharing options...
suewhistle Posted 20 January, 2014 Share Posted 20 January, 2014 Now I'm no land magnate/ property developer, but I'm not sure where or how you can buy 10 - 15 acres of land in PO and develop that land into multi surface pitches/ changing rooms, gym, offices etc for a few thousand £? I think they're talking about scraping the rent together for the Uni of Portsmouth ground they're using. Link to comment Share on other sites More sharing options...
Dark Munster Posted 21 January, 2014 Share Posted 21 January, 2014 -18? That will do nicely sir Starting life in the sKrill Premier on -18 points? Ouch. If so, I wonder if some of the phew would finally admit their cheating PL run, and FA cup win, weren't worth it? And would that be enough for Nick to feel that they haven't got away with it? Link to comment Share on other sites More sharing options...
Saint in Paradise Posted 21 January, 2014 Share Posted 21 January, 2014 Starting life in the sKrill Premier on -18 points? Ouch. If so, I wonder if some of the phew would finally admit their cheating PL run, and FA cup win, weren't worth it? And would that be enough for Nick to feel that they haven't got away with it? [/QUOTE] I suspect a lot of us would answer "No" to both of your questions :lol: Link to comment Share on other sites More sharing options...
sidthesquid Posted 21 January, 2014 Share Posted 21 January, 2014 Quote from Barker in yet another fascinating Factless article justifying why one of there youngsters needs to go out on loan. Is this a bit of a subliminal message, preparing the fishy few for next season? ‘The Skrill Premier ........ has changed. ‘Ninety per cent of the clubs are full-time now so it’s just an extension of League Two. ‘You look at your Grimsbys, Lutons and Wrexhams, all those sort of teams. They are equally as big and as financially stable as most of the teams in League Two, there is not a lot in it.’ Link to comment Share on other sites More sharing options...
trousers Posted 21 January, 2014 Share Posted 21 January, 2014 So, their youngsters aren't ready or good enough to play in the heady heights of League 2 but they'll be fine in the league below which is merely an extension of the league they're in. Didn't take Barker long to pick up the nuances of Pompey logic then... Link to comment Share on other sites More sharing options...
TopGun Posted 21 January, 2014 Share Posted 21 January, 2014 Quote from Barker in yet another fascinating Factless article justifying why one of there youngsters needs to go out on loan. Is this a bit of a subliminal message, preparing the fishy few for next season? ‘The Skrill Premier ........ has changed. ‘Ninety per cent of the clubs are full-time now so it’s just an extension of League Two. ‘You look at your Grimsbys, Lutons and Wrexhams, all those sort of teams. They are equally as big and as financially stable as most of the teams in League Two, there is not a lot in it.’ Beat me to it. Richie's just putting an insurance policy in place.... Link to comment Share on other sites More sharing options...
Jimmy_D Posted 21 January, 2014 Share Posted 21 January, 2014 Quote from Barker in yet another fascinating Factless article justifying why one of there youngsters needs to go out on loan. Is this a bit of a subliminal message, preparing the fishy few for next season? ‘The Skrill Premier ........ has changed. ‘Ninety per cent of the clubs are full-time now so it’s just an extension of League Two. ‘You look at your Grimsbys, Lutons and Wrexhams, all those sort of teams. They are equally as big and as financially stable as most of the teams in League Two, there is not a lot in it.’ The fact they'll be winning more games and mounting a promotion push will mean they'll get bigger crowds and therefore more income after they go down as well. At least, that's what they were saying at the start of this season... I'd assume they'll try the same trick again. Link to comment Share on other sites More sharing options...
spyinthesky Posted 21 January, 2014 Share Posted 21 January, 2014 Question is, do we want Pompey to go down to Non League where they should comfortably survive and possibly thrive with record attendances etc and possibly regroup for a glorious return to League football (more honours on the board etc)? Alternatively they survive and, hopefully, get stuck in League 2/ Div 4 for a few years with interest dwindling away. I suppose if they went down to Non League and got a hefty points deduction and ended up doing a Stockport/Bradford PA/Workington/Boston or even a Maidstone this would be seen as the natural progression this side of the M27 Link to comment Share on other sites More sharing options...
Hatch Posted 21 January, 2014 Share Posted 21 January, 2014 Question is, do we want Pompey to go down to Non League yep! Link to comment Share on other sites More sharing options...
TopGun Posted 21 January, 2014 Share Posted 21 January, 2014 Blaargh...vomit alert! http://www.portsmouth.co.uk/news/alfie-8-buys-1-000-pompey-share-1-5821259 Alfie, aged 8, buys £1,000 Pompey share They really are desperate to get extra cash in to prop up the 50% plus Trust holding. If Alfie's parents had any sense they'd have put the £1,000 in a child ISA account and let it sit there for 18 years. Link to comment Share on other sites More sharing options...
andysstuff Posted 21 January, 2014 Share Posted 21 January, 2014 Blaargh...vomit alert! http://www.portsmouth.co.uk/news/alfie-8-buys-1-000-pompey-share-1-5821259 Alfie, aged 8, buys £1,000 Pompey share They really are desperate to get extra cash in to prop up the 50% plus Trust holding. If Alfie's parents had any sense they'd have put the £1,000 in a child ISA account and let it sit there for 18 years. I'm confused. Didn't you have to be 16 to buy 'shares'? Not to mention the garage owner allowing an uninsured minor to work on the forecourt. Link to comment Share on other sites More sharing options...
The9 Posted 21 January, 2014 Share Posted 21 January, 2014 I see they have signed a centre back today... they're trying, I'll give them that. Still available at 11/1 to get relegated with Corals... As for the standard of the Conference, Luton have been down there for 5 years despite having the biggest crowds by some distance. It is not an easy league to get out of, but they have to get into it first. I think I'd like to see them eat humble pie in the Conference for a season or two, even with all the backing they could get from a sale to a legitimate buyer in a few years they're still only going to be one of 20 ex-Prem sides battling it out in the Championship at best from now on, they have no value, no potential and a bigger club siphoning off the floating fans around their catchment area by the second (and if it's not us, it's Brighton) . Link to comment Share on other sites More sharing options...
Kingsbridge Saint Posted 21 January, 2014 Share Posted 21 January, 2014 I'd like to see them in the Conference for about 20 years. And hopefully banned from playing in Hampshire for a while for good measure too. £150M wasn't it? How much did Newport go under for? Link to comment Share on other sites More sharing options...
rallyboy Posted 21 January, 2014 Share Posted 21 January, 2014 Rosy-cheeked urchin turns solitary brave tear into blue river of hope. Old story regurgitated as part of desperate Trust PR campaign to raise funds before looming deadline in an effort to prevent presidents taking majority control. #notnews I seem to recall his lovely-looking mother being linked to interesting political groups last time this story was published?.... Link to comment Share on other sites More sharing options...
Hatch Posted 21 January, 2014 Share Posted 21 January, 2014 Rosy-cheeked urchin turns solitary brave tear into blue river of hope. Old story regurgitated as part of desperate Trust PR campaign to raise funds before looming deadline in an effort to prevent presidents taking majority control. #notnews I seem to recall his lovely-looking mother being linked to interesting political groups last time this story was published?.... You made me google this and look what i found, you should be ashamed of yourself! Link to comment Share on other sites More sharing options...
The9 Posted 21 January, 2014 Share Posted 21 January, 2014 I'd like to see them in the Conference for about 20 years. And hopefully banned from playing in Hampshire for a while for good measure too. £150M wasn't it? How much did Newport go under for? Just under £400k. They had Darren Peacock in the team at the time too, who was transferred for £2m to Newcastle within 3 years. Link to comment Share on other sites More sharing options...
Wes Tender Posted 21 January, 2014 Share Posted 21 January, 2014 ‘I was born the day after Pompey beat Southampton 4-1 and that’s why I support them. No it wasn't. You weren't old enough to recognise what football was for quite some time after you were born. And a damned good thing that you weren't born on 14th November 2004 or 29th January 2005, as by that reasoning you would have been a Saints fan, they having beaten you twice already that season. The reason that you support the Skates is plain. One only has to look at the slag who is your mother to realise that since you were born, you have probably been wearing Skate pyjamas, sleeping under a Skate duvet, looking at Skate wallpaper and listening to your family bad-mouthing those f*cking Scummahs. I know that it is far too much to expect, but if he had more intelligence, he would realise that in the majority of the few short years of his life, the Skates were in the same division as us when he was born, but then fell two divisions. But then we climbed back to the Premiership by the time he was 7 whilst they had changed places with us in the third division and now a year later they are in the fourth division whilst we continue to climb even higher in the top flight. I suppose the poor mite can console himself that there was another occasion afterwards when they also beat us 4-1, even though they were two divisions above us, but he must also grow up eventually facing the prospect that the chances are that they will never again be above us in his lifetime. But like most Skates, he will be able to console himself that they beat us 4-1 in the ever increasingly dim and distant past. Link to comment Share on other sites More sharing options...
anothersaintinsouthsea Posted 21 January, 2014 Share Posted 21 January, 2014 I'd be livid if my nipper saved up a grand only to waste it with a donation to pay the wages of professional footballers. Link to comment Share on other sites More sharing options...
Trader Posted 21 January, 2014 Share Posted 21 January, 2014 Bit harsh - he's 8 years old FFS. Don't you remember being that age? Link to comment Share on other sites More sharing options...
Hatch Posted 21 January, 2014 Share Posted 21 January, 2014 Bit harsh - he's 8 years old FFS. Don't you remember being that age? I certainly didn't know much about Trusts , administrations and club ownership Basically, his mum has nicked his pocket money. Link to comment Share on other sites More sharing options...
Big Bad Bob Posted 21 January, 2014 Share Posted 21 January, 2014 Bit harsh - he's 8 years old FFS. Don't you remember being that age? The age I was when Saints won the FA Cup and the age I started following the Saints despite not living or ever having been to Southampton (and my dad didn't follow sport either) Link to comment Share on other sites More sharing options...
jjsaint Posted 21 January, 2014 Share Posted 21 January, 2014 Blaargh...vomit alert! http://www.portsmouth.co.uk/news/alfie-8-buys-1-000-pompey-share-1-5821259 Alfie, aged 8, buys £1,000 Pompey share So, not content with f*cking over charities, they've now resorted to child labour... is there anyone else who feels uncomfortable with this, even leaving aside the fact that it's Pompey? This. This is why I hate them. Any decent club would hesitate before taking £1,000 from a child. They brag about it in the local paper. Link to comment Share on other sites More sharing options...
Deano6 Posted 21 January, 2014 Share Posted 21 January, 2014 I certainly didn't know much about Trusts , administrations and club ownership Basically, his mum has nicked his pocket money. I didn't have £1,000 when I was 8! Link to comment Share on other sites More sharing options...
Huffton Posted 21 January, 2014 Share Posted 21 January, 2014 You made me google this and look what i found, you should be ashamed of yourself! Did you have to post that just after lunchtime FFS?:eek: Link to comment Share on other sites More sharing options...
rallyboy Posted 21 January, 2014 Share Posted 21 January, 2014 We were all that age once!.....though I don't recall me and my brother being used as media tools to attack religions with fabricated BNP-supported claims, or as poster boys for misleading PR campaigns for the extraction of cash from the community. But it was a long time ago so I may have forgotten. Either way, the cheeky little pluckster is old enough to know not to chuck a grand down a black hole! Link to comment Share on other sites More sharing options...
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