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Pompey Takeover Saga

Fitzhugh Fella

By Fitzhugh Fella
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Clapham Saint

Clapham Saint

Posted
Posted
I've been away since saturday morning and don't have time to trawl through the seemingly hundreds of new posts since I was last online.

 

Can anyone summarise the weekends goings-on for me?

 

 

Unless TV has lied to me I believe doctors refer to it a CTD.

 

 

 

(Circling The Drain)

Weston Saint

Weston Saint

Posted
Posted

Just because a Judge gives leave to appeal does not suggest it will succeed. Otherwise why would he make a ruling against Pompey in the first place?

 

It could be that he is aware of the consequences and the importance of his decision and left it open to ratification by a higher court.

 

I was once refused leave to appeal a civil case. My Barristers thought I had a good case in that we felt the Judge had misinterpreted the evidence.

 

A very senior appeal judge considered our application and decided we had a good chance of winning the appeal and granted leave. We went to the appeal court and within 5 minutes we knew it would not be overturned.

 

It is very difficult winning an appeal and I am not at all suprised Pompey diod not appeal. I did not expect them to.

hypochondriac

hypochondriac

Posted
Posted
Just because a Judge gives leave to appeal does not suggest it will succeed. Otherwise why would he make a ruling against Pompey in the first place?

 

It could be that he is aware of the consequences and the importance of his decision and left it open to ratification by a higher court.

 

I was once refused leave to appeal a civil case. My Barristers thought I had a good case in that we felt the Judge had misinterpreted the evidence.

 

A very senior appeal judge considered our application and decided we had a good chance of winning the appeal and granted leave. We went to the appeal court and within 5 minutes we knew it would not be overturned.

 

It is very difficult winning an appeal and I am not at all suprised Pompey diod not appeal. I did not expect them to.

 

Storrie said they did appeal. Another lie?

HK_Phoey

HK_Phoey

Posted
Posted
He gives to them his worthless shares, gifting them a part of the club...... and absolving him of responsibility for the debt they represent.

 

What a hero.

 

Would also like to know what assets he is talking about. Everything is mortgaged to the hilt. He is even now suggesting that fans take out loans to buy the shares in the club. So having run out of assets themselves to secure future loans against they now want fans to do it

St Marco

St Marco

Posted
Posted

So i wonder what excuse they will use today about not paying the wages even though they just got £3m from the Kaboul sale?

 

The cheque won't clear for 7 days?

Eastcowzer

Eastcowzer

Posted
Posted
5pm Monday 1st February is what is always quoted. It's because of the Bank Holiday on the 1st January, I suppose.

 

As the 1st January is a Bank Holiday every year, that is certainly not the reason for the deadline extension.

Simply, it is because the 31st is on a Sunday, and we can't have all those hard working 'nerds' in the FA headquarters having their week-end spoilt by such trivial things as football transfer paperwork.

dubai_phil

dubai_phil

Posted
Posted
Ah Fahim: “Any money raised by the Pompey Trust will go towards supporting the new stadium proposal.”

 

New stadium?

 

:lol:

 

 

Another nice quote.

 

There's only one team in Portsmouth... Hehehehe So that means they don't even compete with us for the one team in Hampshire title these days.

 

Oh and this is an old story, he made this "I'm trying to get rid of my involvement before it all goes wrong by dumpning my shares on the fans" line a month or so ago

EastleighSoulBoy

EastleighSoulBoy

Posted
Posted

 

I particularly liked this piece

 

“I don’t think we are at administration level yet; other Premier League clubs have far more debt,” he said. “The team has a lot of money in it in terms of value. The club may be poor in cash but it has money and assets and there are no bank loans. The debt lies with football creditors, other clubs, tax, Revenue and Customs and share holders. But the current regime is willing to work with new investors and there are interested parties, aside from the fans. Someone will invest.”

 

The other clubs with far more debt are either able to service it (Manyoo) or have a benefactor (Chelsea). All our fishy fiends have, it seems, are two (skint) Arab Billionaires!

dubai_phil

dubai_phil

Posted
Posted
I particularly liked this piece

 

“I don’t think we are at administration level yet; other Premier League clubs have far more debt,” he said. “The team has a lot of money in it in terms of value. The club may be poor in cash but it has money and assets and there are no bank loans. The debt lies with football creditors, other clubs, tax, Revenue and Customs and share holders. But the current regime is willing to work with new investors and there are interested parties, aside from the fans. Someone will invest.”

 

The other clubs with far more debt are either able to service it (Manyoo) or have a benefactor (Chelsea). All our fishy fiends have, it seems, are two (skint) Arab Billionaires!

 

They clearly cut out one important word

 

Someone will invest "insh'allah"

 

I love seeing the old cultural differences showing up.

 

One issue that many European business people can never get their heads around when they do business with this part of the world is the local concept of "time".

Meetings never happen "on time", in fact appointments are incredibly loosely adhered to, often, you just walk in to the office.

 

In simplistic terms, in "The West", you are "culturally programmed" born, go to school, get a job, get married, have 2.4 kids, get a mortgage, get a pension, retire, die. It is as if you have a ticking clock in your head, so the magic words such as "Time Management" and "Planning" come into play.

 

Down here that clock doesn't exist in the same way. Life is "more" meandering, based upon the will of "external factors". Deadlines are more a starting point for negotiations, things NEVER happen on time.

 

(A great example is the number of people down here who book a flight, check in and then simply decide not to get onboard or happily stay talking on the phone in the departure lounge and simply cannot comprehend why the plane isn't still there waiting for them)

 

One of the possible reasons for this whole meltdown is that the Arab owners actually really believe that everything will be alright.

 

They haven't had extensive dealings in the UK, they quite simply may not have been able to grasp the fact that the clock TICKS. It isn't foolishness, it simply never occurs to them that HMRC actually meant the debt had to be paid on a certain day. (Plenty of examples of never getting paid in this part of the world!)

 

Business based Cultural misunderstanding with Brits, Arabs, partial Russians & Israelis all in the mix may be as much to blame for the past months of mayhem as all of the dealings before hand. They certainly would not be the first European based business to totally screw things up by "ASSUMING" just because English language is spoken they are talking about the same things

EastleighSoulBoy

EastleighSoulBoy

Posted
Posted
They clearly cut out one important word

 

Someone will invest "insh'allah"

 

I love seeing the old cultural differences showing up.

 

One issue that many European business people can never get their heads around when they do business with this part of the world is the local concept of "time".

Meetings never happen "on time", in fact appointments are incredibly loosely adhered to, often, you just walk in to the office.

 

In simplistic terms, in "The West", you are "culturally programmed" born, go to school, get a job, get married, have 2.4 kids, get a mortgage, get a pension, retire, die. It is as if you have a ticking clock in your head, so the magic words such as "Time Management" and "Planning" come into play.

 

Down here that clock doesn't exist in the same way. Life is "more" meandering, based upon the will of "external factors". Deadlines are more a starting point for negotiations, things NEVER happen on time.

 

(A great example is the number of people down here who book a flight, check in and then simply decide not to get onboard or happily stay talking on the phone in the departure lounge and simply cannot comprehend why the plane isn't still there waiting for them)

 

One of the possible reasons for this whole meltdown is that the Arab owners actually really believe that everything will be alright.

 

They haven't had extensive dealings in the UK, they quite simply may not have been able to grasp the fact that the clock TICKS. It isn't foolishness, it simply never occurs to them that HMRC actually meant the debt had to be paid on a certain day. (Plenty of examples of never getting paid in this part of the world!)

 

Business based Cultural misunderstanding with Brits, Arabs, partial Russians & Israelis all in the mix may be as much to blame for the past months of mayhem as all of the dealings before hand. They certainly would not be the first European based business to totally screw things up by "ASSUMING" just because English language is spoken they are talking about the same things

 

How does anything get done then?

 

Of course, in this instance, it suits our agenda to see the 'owners' procrastinate and prevaricate!

 

I had to look up "insh'allah"

 

http://en.wikipedia.org/wiki/Insha%27Allah

dubai_phil

dubai_phil

Posted
Posted
How does anything get done then?

 

Of course, in this instance, it suits our agenda to see the 'owners' procrastinate and prevaricate!

 

Well, that's why they have ex pats...;)

 

It's why the roads are so dangerous - red Light, no problem. It is the will of kerbang..

 

Imagine EoA being replaced in Air Traffic.. yes habibe come on land is no problem insh'allah

 

Yes we will find new investors...

 

It is ONLY ever a problem when you foolishly believe it.

 

Maybe the few will get saved, but it will take an act of God, not an investor with brains...

Winchester Red

Winchester Red

Posted
Posted

Do people realise that if PFC sell a player for, say, £3m today, they won't get £3m

 

All transfer feed in the EPL are paid in installments over 12 months.

 

If they accept £3m from Stoke for the GK then they will be lucky to see £1m immediately

 

bye bye Pompey, Pompey bye bye

pedg

pedg

Posted
Posted

Is anyone else amazed how little there is in the main stream media about the chances of pompey going into liquidation and thus being no more or are we being too negative about their situation?

pedg

pedg

Posted
Posted

You have to admire (I guess) Grants chutzpah:

 

Avram Grant has accused the Premier League of not giving Portsmouth a fair chance to avoid the drop.

Although the transfer embargo that was placed on Pompey last month has now been lifted, it only extends to loan players.

 

 

"The Premier League made a big mistake," he told BBC TV's Match of the Day. "They needed to give us an equal chance.

CB Saint

CB Saint

Posted
Posted
SSN.......Poopy expect the players wages to be paid today, after the sale of Kabul to Spuds.

 

If not, reckon it might be confetti time with the contracts.

 

Perhaps they could sell the paper for recycling

Crab Lungs

Crab Lungs

Posted
Posted

Portsmouth have a dilemma today... pay people the wages the are owed, pay Gaydamak or delve into the transfer market.

 

 

I can't help but suspect they'll be doing the latter, considering how selfish and stupid they are...

Channon's Sideburns

Channon's Sideburns

Posted
Posted
Would it be wrong if I pointed out that the article is a year old?;)

 

Not at all my friend. Regardless of the date of the article, it shows clearly that Azougy has direct links to Gaydamak...

 

Brought in at Pompey by Al Mirage...? Yeah right....

 

That's where I want Solent et al to lead with it...!

dubai_phil

dubai_phil

Posted
Posted
From cuddlybunnycuddles on 606:

"Heard from a solid contact within White Hart Lane (at Spurs Lodge) that Tottenham have agreed a deal for Ben Foster from Man Utd. Fee said to be £5.5m."

 

Which leaves Stoke or Stoke as the last people interested in the few's keepers. Hopefully they'll take James on a free rather than Begovic for 3mil

Channon's Sideburns

Channon's Sideburns

Posted
Posted
Which leaves Stoke or Stoke as the last people interested in the few's keepers. Hopefully they'll take James on a free rather than Begovic for 3mil

 

Which leads me to hope that Agent Pulis does us a favour (as we took his son) and pulls out at the last minute.

 

In which case, I will walk to St Marys for a new home shirt with 'Pulis' on the back. :-)

krissyboy31

krissyboy31

Posted
Posted
The man is a moron.

 

It's called 'presenting a front'. The trouble is he is not a very good actor nor is he a very good liar. Maybe the way out for the Skates is for TTWTB to play SAF at poker and win his supposed billions off of him. Even that moron would be able to bluff better than SAF.

dubai_phil

dubai_phil

Posted
Posted
It's called 'presenting a front'. The trouble is he is not a very good actor nor is he a very good liar. Maybe the way out for the Skates is for TTWTB to play SAF at poker and win his supposed billions off of him. Even that moron would be able to bluff better than SAF.

 

That wouldn't work. SBT doesn't even have a couple of Cowrie shells to rub together.

 

Unless Sultan Bin Trump acts as the dealer in a game with TS

 

(Ironic that the followers of the alleged backer of SBT all wear RED shirts)

sidthesquid

sidthesquid

Posted
Posted
Surely the Pl should also find the article

 

They must know already - they just don't care. The Premier League - the world's biggest money laundering service - sold its soul to Rupert Murdoch years ago

Channon's Sideburns

Channon's Sideburns

Posted
Posted

Oh another thing I saw in the Express yesterday...

 

Do you remember the piece from last week when Storyteller said he was the only one who could sign off transfers???

 

According to John Richardson the reason the James to Stoke saga went on was that there were FOUR signatures required to ratify it.

pedg

pedg

Posted
Posted

ITs all that nasty premier leagues fault you know!

 

http://www.fansonline.net/portsmouth/article.php?id=1301

 

SOS POMPEY!

Portsmouth Fans United For Their Club

 

PRESS RELEASE

 

POMPEY FANS TO TAKE THEIR PROTEST TO THE PREMIER LEAGUE

 

Pompey appear to have their best players being sold by a convicted fraudster.

 

The Chief Executive Officer, Executive Director and Manager have disavowed any involvement in these transfer deals.

 

This means there is a very real possibility the club is being effectively run by three times convicted fraudster Danny Azougy acting as a Shadow Director, which is against Premier League rules.

 

Why have the Premier League refused to act?

 

Why are they allowing their rulebook to be flouted?

 

SOS Pompey encourages all fans travelling to Fulham on Wednesday 3rd February to congregate outside:

 

FA Premier League headquarters at 30 Gloucester Place, London, W1U 8PL at 5.00pm

 

SOS Pompey asks all supporters to demonstrate peacefully and refrain from any racist chanting.

 

For further information please go to

 

http://sospompey.sports.officelive.com/default.aspx

 

ends

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