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Pompey Takeover Saga

Fitzhugh Fella

By Fitzhugh Fella,
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pedg

pedg

Posted
Posted
Have a gander at post 13548 on page 271 :D:D

 

I did spot that but now a few more article's appearing so obviously going on a bit of a media offensive. Looks like they are trying to say to people 'We are not suggesting doing this for the benefit of pompey, oh no, we are suggesting it for the benefit of the Premier League, which god has ordained should have 20 clubs at all times.".

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slickmick

slickmick

Posted
Posted
Oh well, after reading some of the vitriol from their boards, especially to some of our fans who genuinely wanted to just talk about the game and the absolute shiiite from Storrie-teller about being attacked, I hope the c()nts go out of business.

 

 

Missed that one. What happened (supposedly) ?

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pedg

pedg

Posted
Posted

Missed that one. What happened (supposedly) ?

http://soccernet.espn.go.com/news/story?id=742023&sec=england&cc=5739

Portsmouth chief executive Peter Storrie and his wife were attacked after Portsmouth's 4-1 FA Cup victory over Southampton on Saturday, with Saints fans shoving bank notes in their faces.

 

Vicious weapon the banknote you know!

 

---

"Abuse is one thing but this was intimidation. I have to say it was as serious as that, and we did think we would shortly be physically attacked if the stewards hasn't arrived so quickly.

So they were not actually "attacked" just some people viciously taunting them with bank notes.

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Channon's Sideburns

Channon's Sideburns

Posted
Posted

http://soccernet.espn.go.com/news/story?id=742023&sec=england&cc=5739

Portsmouth chief executive Peter Storrie and his wife were attacked after Portsmouth's 4-1 FA Cup victory over Southampton on Saturday, with Saints fans shoving bank notes in their faces.

 

Vicious weapon the banknote you know!

 

---

"Abuse is one thing but this was intimidation. I have to say it was as serious as that, and we did think we would shortly be physically attacked if the stewards hasn't arrived so quickly.

So they were not actually "attacked" just some people viciously taunting them with bank notes.

 

I bet if they would have been wrapped in brown envelopes there would have been trouser action.

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Whitey Grandad

Whitey Grandad

Posted
Posted

http://soccernet.espn.go.com/news/story?id=742023&sec=england&cc=5739

Portsmouth chief executive Peter Storrie and his wife were attacked after Portsmouth's 4-1 FA Cup victory over Southampton on Saturday, with Saints fans shoving bank notes in their faces.

 

Vicious weapon the banknote you know!

 

---

"Abuse is one thing but this was intimidation. I have to say it was as serious as that, and we did think we would shortly be physically attacked if the stewards hasn't arrived so quickly.

So they were not actually "attacked" just some people viciously taunting them with bank notes.

Perhaps he hasn't seen a banknote before?

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pedg

pedg

Posted
Posted
Perhaps he hasn't seen a banknote before?

 

I don't know you might expect that after a hard day putting off paying bills at work we would retire to his palatial estate to spend a happy evening counting the bank notes from his salary that month.

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Corporate Ho

Corporate Ho

Posted
Posted

I'll ignore the match as I'm sure it would bring up bad memories for you but let me ask you a question about the money the PL may advance Pompey.

 

Do any of you dispute that this is money that we'll be legally entitled to in just a couple of months anyway? (I assume not as it patently is money we'd receive).

 

Therefore, what's the difference in us receiving this money from the PL in advance to the fact that you pulled forward payments from Arsenal from the sale of Walcott when you were in financial difficulties? Were you "cheating" when you did that?

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Saint_clark

Saint_clark

Posted
Posted
I'll ignore the match as I'm sure it would bring up bad memories for you but let me ask you a question about the money the PL may advance Pompey.

 

Do any of you dispute that this is money that we'll be legally entitled to in just a couple of months anyway? (I assume not as it patently is money we'd receive).

 

Therefore, what's the difference in us receiving this money from the PL in advance to the fact that you pulled forward payments from Arsenal from the sale of Walcott when you were in financial difficulties? Were you "cheating" when you did that?

 

Haha, you silly tit.

We took a lower payment on the Walcott deal for one. It was a deal between us and Arsenal, the FA, the Football League, they had no say over it whatsoever.

Also, there is no GUARANTEE that you will go down. Yes, it looks almost certain, but you are NOT relegated, therefore you are not entitled to the money.

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Block 18

Block 18

Posted
Posted
Haha, you silly tit.

We took a lower payment on the Walcott deal for one. It was a deal between us and Arsenal, the FA, the Football League, they had no say over it whatsoever.

Also, there is no GUARANTEE that you will go down. Yes, it looks almost certain, but you are NOT relegated, therefore you are not entitled to the money.

 

Also, it was a deal between Saints and Arsenal. It didn't involve every other club in the PL having to bail us out.

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JonnyLove

JonnyLove

Posted
Posted
I'll ignore the match as I'm sure it would bring up bad memories for you but let me ask you a question about the money the PL may advance Pompey.

 

Do any of you dispute that this is money that we'll be legally entitled to in just a couple of months anyway? (I assume not as it patently is money we'd receive).

 

Therefore, what's the difference in us receiving this money from the PL in advance to the fact that you pulled forward payments from Arsenal from the sale of Walcott when you were in financial difficulties? Were you "cheating" when you did that?

 

If you were not able to fulfill your fixture list (Which you would not if you were wound up). Then no you would not be entitled to the money as you had not completed the fixtures for which these "TV Rights" were due for. (Basic accounting principles). The same goes for any parachute payments as well you would not be in business and therefore would not be entitled to them.

 

If a club goes up on the first attempt then the next parachute payment is distributed through the football league so if you did not exist it is not your money to be given anyway.

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S-Clarke

S-Clarke

Posted
Posted
I'll ignore the match as I'm sure it would bring up bad memories for you but let me ask you a question about the money the PL may advance Pompey.

 

Do any of you dispute that this is money that we'll be legally entitled to in just a couple of months anyway? (I assume not as it patently is money we'd receive).

 

Therefore, what's the difference in us receiving this money from the PL in advance to the fact that you pulled forward payments from Arsenal from the sale of Walcott when you were in financial difficulties? Were you "cheating" when you did that?

 

but why should you be helped out?

 

you have been totally mismanaged and have spent beyond your means, therefore you should sit back and take the punishments.

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StuRomseySaint

StuRomseySaint

Posted
Posted
I'll ignore the match as I'm sure it would bring up bad memories for you but let me ask you a question about the money the PL may advance Pompey.

 

Do any of you dispute that this is money that we'll be legally entitled to in just a couple of months anyway? (I assume not as it patently is money we'd receive).

 

Therefore, what's the difference in us receiving this money from the PL in advance to the fact that you pulled forward payments from Arsenal from the sale of Walcott when you were in financial difficulties? Were you "cheating" when you did that?

 

We came to an agreement with Arsenal with regards to them settling the loan early.

 

P*rtsmouth are trading whilst insolvent and they should not be helped out to continue... and they won't thankfully.

 

What are you going to do for money in a few months time then?

 

Corp... please be honest with yourself just for one minute, wake up and smell the coffee... P*mpey are not going to get bought out, your only chance would have been a super rich fan... you are not a Premier League club in the eyes of an investor, you are a Championship club which has a very limited earning potential and in need of a MASSIVE cash injection to get you up to even the standard of us in terms of playing and training facilities and general infrastructure.

 

Palace or Cardiff for £10-15 million or P*mpey for £100 million...

 

What do you reckon?

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pedg

pedg

Posted
Posted

Anyway as has been pointed out earlier the whole 'advance the PL money' thing was something proposed by Gold to the PL and then 'miraculously' appeared in the papers as something the PL were considering doing such that the PL had to issue a press release to say that it was not something they could do. Non story really.

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Corporate Ho

Corporate Ho

Posted
Posted
Haha, you silly tit.

We took a lower payment on the Walcott deal for one. It was a deal between us and Arsenal, the FA, the Football League, they had no say over it whatsoever.

Also, there is no GUARANTEE that you will go down. Yes, it looks almost certain, but you are NOT relegated, therefore you are not entitled to the money.

 

Also, it was a deal between Saints and Arsenal. It didn't involve every other club in the PL having to bail us out.

 

No other club is involved in bailing us out. The money is the minimum we can expect the PL to pay us in August whether we go down or not.

 

Giving Portsmouth the parachute payment made to those relegated to the Championship each season does not make the presumption that the club will go down. It is merely the guaranteed minimum amount Portsmouth can expect to receive from the Premier League on August 1.

 

http://www.dailymail.co.uk/sport/football/article-1250363/Portsmouth-rescue-mission-Premier-League-set-hand-debt-ridden-Pompey-lifeline.html

 

So, I ask again, what's the difference? It's money we're entitled to, just like you were with the Walcott money and like you, we'd just receive it earlier than originally planned

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Saint_clark

Saint_clark

Posted
Posted
No other club is involved in bailing us out. The money is the minimum we can expect the PL to pay us in August whether we go down or not.

 

Giving Portsmouth the parachute payment made to those relegated to the Championship each season does not make the presumption that the club will go down. It is merely the guaranteed minimum amount Portsmouth can expect to receive from the Premier League on August 1.

 

http://www.dailymail.co.uk/sport/football/article-1250363/Portsmouth-rescue-mission-Premier-League-set-hand-debt-ridden-Pompey-lifeline.html

 

So, I ask again, what's the difference? It's money we're entitled to, just like you were with the Walcott money and like you, we'd just receive it earlier than originally planned

 

You are not entitled to it at all. Why you're at it, why not get the guaranteed minimum for the next 10 years?

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Gingeletiss

Gingeletiss

Posted
Posted (edited)
I'll ignore the match as I'm sure it would bring up bad memories for you but let me ask you a question about the money the PL may advance Pompey.

 

Do any of you dispute that this is money that we'll be legally entitled to in just a couple of months anyway? (I assume not as it patently is money we'd receive).

 

Therefore, what's the difference in us receiving this money from the PL in advance to the fact that you pulled forward payments from Arsenal from the sale of Walcott when you were in financial difficulties? Were you "cheating" when you did that?

 

Simple answer...yes!!. I could offer up a few reasons, but suffice to say, you are in PL by default. You have traded way and above your income, thereby seeking an unfair advantage on the other teams in the same league.....this my fishy friend, is against the PL rules. So Yes!!!, I do dispute you are legally entitled to that money.

Edited by Gingeletiss
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Pancake

Pancake

Posted
Posted

A man is need of some money. He recently sold his car to a friend who is paying him off weekly. He is also employed and is expecting a bonus at the end of the year.

 

He has 2 options:

 

(a) To call his mate and make an arrangement for the goods he has already sold - a percentage of the money OWED to him now to satisfy the debt.

 

(b) to call his boss and ask for an advance on his EXPECTED bonus, when there is in fact no guarantee that he will turn up for work between now and the end of the year.

 

Does that help Ho?

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miserableoldgit

miserableoldgit

Posted
Posted
Haha, you silly tit.

We took a lower payment on the Walcott deal for one. It was a deal between us and Arsenal, the FA, the Football League, they had no say over it whatsoever.

Also, there is no GUARANTEE that you will go down. Yes, it looks almost certain, but you are NOT relegated, therefore you are not entitled to the money.

As you say, the two situations are completely different. Plus the fact that if the PL were to forward Skates the money, they would be setting a dangerous precedent. Ho really is a knob isn`t he?

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Channon's Sideburns

Channon's Sideburns

Posted
Posted

Comparing the settlement of a player transfer to release of future parachute payments is wrong and illogical.

 

If you're using that as an example, why hasn't your Corporate God of Football Finance, Mr Tells-Storries, gone down that route to raise more cash for your club??

 

It's what any reasonable CEO of a football club would do.

 

Hell, we even had players deferring salaries to save us. What have yours done?

 

The square route of fook all. Apart from James giving up that add-on (which won't matter as he's likely to run at the end of the season anyway)...

 

Why doesn't Storrie work for nothing for a month or two?

 

THAT'S the sort of question you should be asking mate.

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krissyboy31

krissyboy31

Posted
Posted
No other club is involved in bailing us out. The money is the minimum we can expect the PL to pay us in August whether we go down or not.

 

Giving Portsmouth the parachute payment made to those relegated to the Championship each season does not make the presumption that the club will go down. It is merely the guaranteed minimum amount Portsmouth can expect to receive from the Premier League on August 1.

 

http://www.dailymail.co.uk/sport/football/article-1250363/Portsmouth-rescue-mission-Premier-League-set-hand-debt-ridden-Pompey-lifeline.html

 

So, I ask again, what's the difference? It's money we're entitled to, just like you were with the Walcott money and like you, we'd just receive it earlier than originally planned

 

You come from the the same fantasy finance land Storrie Teller comes from. Why should you, above say the likes of Burnley, Hull City, Wolves etc. etc. get an advance on money not due to you for several months, when they are having to keep to budgets just to keep their heads above water. You've had years of living outside the means of the club and deserve to pay for it. If it comes off and the PL do pay you this money, it will be scandalous. I wonder what my boss would say if I asked for next years wages in advance?

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Nellie

Nellie

Posted
Posted
I'll ignore the match as I'm sure it would bring up bad memories for you but let me ask you a question about the money the PL may advance Pompey.

 

Do any of you dispute that this is money that we'll be legally entitled to in just a couple of months anyway? (I assume not as it patently is money we'd receive).

 

Therefore, what's the difference in us receiving this money from the PL in advance to the fact that you pulled forward payments from Arsenal from the sale of Walcott when you were in financial difficulties? Were you "cheating" when you did that?

Oh come on. Even you must see there is no similarity there at all. We negotiated with Arsenal an early settlement, at a reduced fee in a deal that only impinged upon us and them. If both us and Arsenal were happy, then that's all that mattered.

 

What is being mooted (not by the PL, so won't happen) with advancing the parachute payments, would effect each and every one of the Premier League teams. Why should other teams play within the accepted paramaters, and not get hopelessly into debt they cannot afford? Are you really suggesting that the body that governs football's top league should condone the reckless spending of one of it's members in this way? If you were to survive the season, then you would be entitled to the parachute payments. However, it's money which should only become available to you when you're relegated to help out with your subsequently unsustainable wages (lol).

 

Top WUMing anyway though.

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Goalie66

Goalie66

Posted
Posted
I'll ignore the match as I'm sure it would bring up bad memories for you but let me ask you a question about the money the PL may advance Pompey.

 

Do any of you dispute that this is money that we'll be legally entitled to in just a couple of months anyway? (I assume not as it patently is money we'd receive).

 

Therefore, what's the difference in us receiving this money from the PL in advance to the fact that you pulled forward payments from Arsenal from the sale of Walcott when you were in financial difficulties? Were you "cheating" when you did that?

 

Difference is that Saints and Arsenal was business between two clubs.If EPL advance money then they would have to be seen to be even handed and advance it to all clubs. After all that would only be fair, wouldn't it ?

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JonnyLove

JonnyLove

Posted
Posted (edited)

 

So, I ask again, what's the difference? It's money we're entitled to, just like you were with the Walcott money and like you, we'd just receive it earlier than originally planned

 

Again though Ho. If you are not able to trade then you are not entitled to any money in August because your not there. The Parachute payments will go the the football league clubs like they do now if a club go back up at the first time of asking.

 

so i'll say this slowly. UNLESS YOU CAN COMPLETE YOUR FIXTURES AND THEN MAKE IT TO THE START OF THE NEXT SEASON THEN YOU ARE NOT OWED ANY MONEY. IF YOU MAKE TO THE END OF THE SEASON THEN YOU WILL GET TV MONEY'S OWED. IF NOT THEN YOUR NOT ENTITLED TO IT.

 

It's like me asking work to pay me my whole salary in 1 go in the promise i'll still be there are the end of the year. Not going to happen. And quite rightly should not happen.

Edited by JonnyLove
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Sour Mash

Sour Mash

Posted
Posted
No other club is involved in bailing us out. The money is the minimum we can expect the PL to pay us in August whether we go down or not.

 

Giving Portsmouth the parachute payment made to those relegated to the Championship each season does not make the presumption that the club will go down. It is merely the guaranteed minimum amount Portsmouth can expect to receive from the Premier League on August 1.

 

http://www.dailymail.co.uk/sport/football/article-1250363/Portsmouth-rescue-mission-Premier-League-set-hand-debt-ridden-Pompey-lifeline.html

 

So, I ask again, what's the difference? It's money we're entitled to, just like you were with the Walcott money and like you, we'd just receive it earlier than originally planned

 

Seriously, how thick are you? Or are just enjoying the reaction you're getting from your posts.

 

First of all, you are not guaranteed any money at all if you do not fulfill this season, which is still a possibility even if the Premier League advance the money. You do not have any entitlement to that money until you have adequately and legally completed the full season.

 

Secondly, on the basis that it is what you think is the minimum you are entitled to anyway, why stop at only this amount being brought forward? Why not the minimum you'll be entitled to for the next three or four years? West Ham could probably do with it as well, so lets bring theirs forward as well, think Hull need a cash injection, so that's them. Next time a club is struggling a bit, let them spend a fortune on a new striker or two. Bit short to actually pay any tax after the new signings? F**k worrying about that, just get the Premier League to bring the next installment forward a few months, that's fair on everyone concerned I'm sure you'll agree :rolleyes:

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Micky

Micky

Posted
Posted
I'll ignore the match as I'm sure it would bring up bad memories for you but let me ask you a question about the money the PL may advance Pompey.

 

Do any of you dispute that this is money that we'll be legally entitled to in just a couple of months anyway? (I assume not as it patently is money we'd receive).

 

Therefore, what's the difference in us receiving this money from the PL in advance to the fact that you pulled forward payments from Arsenal from the sale of Walcott when you were in financial difficulties? Were you "cheating" when you did that?

 

You really should be able to work that one out for youself. Renegotiation of transfer agreements is hardly anything new - you only need to check out your own back yard to see that. How many 'adjustments in payment schedules' do you think your club has negotiated over the past 6 months - probably well into double figures.

 

You've had to do that because you have failed to meet the original payment agreements, because you ****ed all the money up against the wall in player payments.

 

When we were in the poo, we sold players to keep going, to pay the bills. You had the transfer window to do the same - offload your players, bring in money and trade solvently - but no, you decided to ignore that option.

 

We did not go cap in hand to ask governing bodies for a payout that we would be owed in the future - we sold assets, that is what you should be doing.

 

Hence people now believe your club smells, people believe you cheated and continue to cheat the system. You are using assets that you cannot afford to the detriment of all of the other member clubs in the league - that patently is unfair, no matter where you finish at the end of the day. If your players do not get paid at the end of the month - then they should not have been allowed to represent you during that month, it really is that easy.

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Draino76

Draino76

Posted
Posted

As evidenced by the past couple of posts the idea of Pompey getting an advance is very very silly. In fact the Story teller's gameplan to survive is so silly I really think we have nothing to worry about when they go to court.

 

David James after the match said that the PL will simply just not let a premier league club go out of business; the daft bastard. Sour mash and JohnnyLove have just demonstrated exactly why they can't help.

 

Its fecking hilarious. Goodbyez.xxx

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Winchester Red

Winchester Red

Posted
Posted

It's rumoured that we took about 40% of the money owed fo Walcott in exchange for early payment.

 

Is Ho suggesting they'd be willing to take £4.5m now instead of the £11m at the end of the season.

 

I think they're that desperate that they probably would.

 

You'd have to be a bit of a cretin to think these so scenarios were similar

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gaz

gaz

Posted
Posted (edited)
It's rumoured that we took about 40% of the money owed fo Walcott in exchange for early payment.

 

Is Ho suggesting they'd be willing to take £4.5m now instead of the £11m at the end of the season.

 

I think they're that desperate that they probably would.

 

You'd have to be a bit of a cretin to think these so scenarios were similar

 

Even then, what would £4.5m do? HMRC are adamant they want the full amount, and won't settle for less. :D

 

And I've said it before....where are these two bidders for the club? Shouldn't they be shouting from the rooftops and getting the deal done in record time? Oh wait, they don't exist.

 

Bye bye P*mpy.

Edited by gaz
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Bongo badger

Bongo badger

Posted
Posted

A couple of things. Was told this am face to face by someone who doesn’t care about either side but who is in the trade that Havant and waterloovle were asked recently if a ground share was possible if the Pompey found themselves out of favour in the courts. Not sure if this has been said before sorry if it has, I try a read all the posts honest. Not sure who asked the question, but we do know the FA has said it has a duty to keep a club in Pompey , hey even if its in the lower divs.

Second thing. Also this am spoke to an avid skates fan and could not believe the dross coming from his mouth about Saturdays game, anyone would think the skate had won the European cup or something.

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Whitey Grandad

Whitey Grandad

Posted
Posted
I'll ignore the match as I'm sure it would bring up bad memories for you but let me ask you a question about the money the PL may advance Pompey.

 

Do any of you dispute that this is money that we'll be legally entitled to in just a couple of months anyway? (I assume not as it patently is money we'd receive).

 

Therefore, what's the difference in us receiving this money from the PL in advance to the fact that you pulled forward payments from Arsenal from the sale of Walcott when you were in financial difficulties? Were you "cheating" when you did that?

You are legally obliged to pay your taxes but you haven't.

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andysstuff

andysstuff

Posted
Posted
A couple of things. Was told this am face to face by someone who doesnt care about either side but who is in the trade that Havant and waterloovle were asked recently if a ground share was possible if the Pompey found themselves out of favour in the courts. Not sure if this has been said before sorry if it has, I try a read all the posts honest. Not sure who asked the question, but we do know the FA has said it has a duty to keep a club in Pompey , hey even if its in the lower divs.

Second thing. Also this am spoke to an avid skates fan and could not believe the dross coming from his mouth about Saturdays game, anyone would think the skate had won the European cup or something.

 

Why would the FA have any sort of duty to keep a club in p*mpey any more than any other town or city?

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Guest Dark Sotonic Mills

Guest Dark Sotonic Mills

Posted
Posted

The main question I need answering is this:

 

"Can this thread get half a million views before Poopey go tits-up?"

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pedg

pedg

Posted
Posted
but if Pompey are wound up won't it be offically declared until March 1st when the court date is?

 

This appears to be a point of some debate. On one hand they are not due in court till the 1st, on the other are those that believe that if the statement of account comes in and shows unequivocally that they have been trading whilst insolvent that things would happen before the court date. Not sure which is right.

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