Merovingian Posted 16 February, 2010 Share Posted 16 February, 2010 this time tomorrow we will still be here, you do know that right? Link to comment Share on other sites More sharing options...
for_heaven's_Saint Posted 16 February, 2010 Share Posted 16 February, 2010 Even Mandaric is putting the boot in! http://www.google.com/hostednews/afp/article/ALeqM5jzn5dtEyavinX187nK3SXEN9G55Q Link to comment Share on other sites More sharing options...
carljack Posted 16 February, 2010 Share Posted 16 February, 2010 Could be. But there is still liquidity in the back market for Pompey who are at 1.12 to back 1.13 to lay. Do we have a link to the announcement? I have copied it word for word further up the Page! Link to comment Share on other sites More sharing options...
Thorpe-le-Saint Posted 16 February, 2010 Share Posted 16 February, 2010 this time tomorrow we will still be here, you do know that right? I ****ing hope not!! Link to comment Share on other sites More sharing options...
NickG Posted 16 February, 2010 Share Posted 16 February, 2010 this time tomorrow we will still be here, you do know that right? administration tomorrow, liquidation monday, don't mind really. Link to comment Share on other sites More sharing options...
Gemmel Posted 16 February, 2010 Share Posted 16 February, 2010 I see they have already starting selling tickets for the Birmingham cup match to season ticket holders...... they must be pretty confident of it going ahead................. They wouldnt just try and raise cash if they were going out of business............would they Link to comment Share on other sites More sharing options...
Amesbury Saint Posted 16 February, 2010 Share Posted 16 February, 2010 I expect Peter is reading the draft report right now and perhaps crafting his resignation letter Link to comment Share on other sites More sharing options...
Weston Super Saint Posted 16 February, 2010 Share Posted 16 February, 2010 This is how I things.... 1. Gaydamak[sr] owns Pompey. He also - through various shell companies - owns all of the land around Pompey. You only need to look across the road for the precedent that has been set regarding planning permission for shops / flats etc. 2. Chainrai is up to his neck in sh1t with Gaydamak, always has been, nobody buys that fake bust up right? So, Chainrai sues [lol] Gaydamak for £17m which is given to him by the Israeli courts - that was dirty money that neither of them were going to be able to touch any other way - and then he gives it to Pompey [Gaydamak] as a loan. He gets repaid some of his loan but was expecting £7m in January, because £7m of clean money is better than nothing right? Sadly, his cunning plan was foiled by Baldrick and the EPL who kept his money, so he's really, really p1ssed off now!! So, what next? Simples, get the club liquidated so that he and Gaydamak can then work on the land they've got left. Gaydamak throws up some shops, or sells his land with planning permission and makes a tidy sum without doing any work, and Chainrai knocks down Fratton park, builds a leisure centre with some flats on top, or sells the land with planning approval and makes a tidy sum without doing anything. Winners = Gaydamak and Chainrai who've converted £17m of dirty money into plenty of clean money. Losers = 6k or so of 'hardcore' [lol] Pompey fans who get to watch AFC Pompey playing Sunday league footy. I can't see that they've got anything to gain by keeping the company limping along until the end of the season when they'll be relegated, have incurred far more costs in the form of wages, taxes etc, and be on a massively reduced income in the Championship, still having not sold their over inflated players because no-one wants to pay their wages! Have I missed anything? Link to comment Share on other sites More sharing options...
Gemmel Posted 16 February, 2010 Share Posted 16 February, 2010 I see they have already starting selling tickets for the Birmingham cup match to season ticket holders...... they must be pretty confident of it going ahead................. They wouldnt just try and raise cash if they were going out of business............would they LOL....sorry quick update - You can pay your money and reserve them, but they are not physically for sale. I thought 24hrs was a bit quick.......... I'm sure that revenue will be included in the soa Link to comment Share on other sites More sharing options...
saintbletch Posted 16 February, 2010 Share Posted 16 February, 2010 (edited) I have copied it word for word further up the Page! EDIT. Just found the message on Betfair. I'm not sure if signifies anything specifically other than some punters could get an unfair advantage via inside information. Edited 16 February, 2010 by saintbletch Link to comment Share on other sites More sharing options...
Merovingian Posted 16 February, 2010 Share Posted 16 February, 2010 administration tomorrow, liquidation monday, don't mind really. I'll very surprised with either Link to comment Share on other sites More sharing options...
ohwhenthesaints Posted 16 February, 2010 Share Posted 16 February, 2010 I'll very surprised with either Are there Storries of a new takeover then? Link to comment Share on other sites More sharing options...
Amesbury Saint Posted 16 February, 2010 Share Posted 16 February, 2010 I'll very surprised with either no rumours coming out of FP? Link to comment Share on other sites More sharing options...
Kingsland Red Posted 16 February, 2010 Share Posted 16 February, 2010 (edited) This is how I things.... 1. Gaydamak[sr] owns Pompey. He also - through various shell companies - owns all of the land around Pompey. You only need to look across the road for the precedent that has been set regarding planning permission for shops / flats etc. 2. Chainrai is up to his neck in sh1t with Gaydamak, always has been, nobody buys that fake bust up right? So, Chainrai sues [lol] Gaydamak for £17m which is given to him by the Israeli courts - that was dirty money that neither of them were going to be able to touch any other way - and then he gives it to Pompey [Gaydamak] as a loan. He gets repaid some of his loan but was expecting £7m in January, because £7m of clean money is better than nothing right? Sadly, his cunning plan was foiled by Baldrick and the EPL who kept his money, so he's really, really p1ssed off now!! So, what next? Simples, get the club liquidated so that he and Gaydamak can then work on the land they've got left. Gaydamak throws up some shops, or sells his land with planning permission and makes a tidy sum without doing any work, and Chainrai knocks down Fratton park, builds a leisure centre with some flats on top, or sells the land with planning approval and makes a tidy sum without doing anything. Winners = Gaydamak and Chainrai who've converted £17m of dirty money into plenty of clean money. Losers = 6k or so of 'hardcore' [lol] Pompey fans who get to watch AFC Pompey playing Sunday league footy. I can't see that they've got anything to gain by keeping the company limping along until the end of the season when they'll be relegated, have incurred far more costs in the form of wages, taxes etc, and be on a massively reduced income in the Championship, still having not sold their over inflated players because no-one wants to pay their wages! Have I missed anything? With regard to point 1 I can confirm: The 'Fratton Goods Yard' Development was a three phase development. Phase 1 was moving the pitch ninety degrees and redeveloping Nottarf Krap. This obviously never started. Phase 2 I was involved with, it was developed out with a B&Q, a fast food restaurant and associated car parking. Phase 3 was also retail but was not started.It is the remaining land under the ownership of Gaydamak Sr / Chainrai. Edited 16 February, 2010 by Kingsland Red Link to comment Share on other sites More sharing options...
Merovingian Posted 16 February, 2010 Share Posted 16 February, 2010 no rumours coming out of FP? there is stuff going on and for once its out of the press, possibly something in a few days but I'll wait and see before getting excited about another potential false dawn Link to comment Share on other sites More sharing options...
rallyboy Posted 16 February, 2010 Share Posted 16 February, 2010 good news is you only have one false dawn left, the deadline for the court is 4pm tomorrow. Link to comment Share on other sites More sharing options...
stuey Posted 16 February, 2010 Share Posted 16 February, 2010 there is stuff going on and for once its out of the press, possibly something in a few days but I'll wait and see before getting excited about another potential false dawn Shredding, burning documents, making travel plans etc etc.... Link to comment Share on other sites More sharing options...
saint_bert Posted 16 February, 2010 Share Posted 16 February, 2010 Shredding, burning documents, making travel plans etc etc.... I lol'd Link to comment Share on other sites More sharing options...
Suhari Posted 16 February, 2010 Share Posted 16 February, 2010 This is how I things.... 1. Gaydamak[sr] owns Pompey. He also - through various shell companies - owns all of the land around Pompey. You only need to look across the road for the precedent that has been set regarding planning permission for shops / flats etc. 2. Chainrai is up to his neck in sh1t with Gaydamak, always has been, nobody buys that fake bust up right? So, Chainrai sues [lol] Gaydamak for £17m which is given to him by the Israeli courts - that was dirty money that neither of them were going to be able to touch any other way - and then he gives it to Pompey [Gaydamak] as a loan. He gets repaid some of his loan but was expecting £7m in January, because £7m of clean money is better than nothing right? Sadly, his cunning plan was foiled by Baldrick and the EPL who kept his money, so he's really, really p1ssed off now!! So, what next? Simples, get the club liquidated so that he and Gaydamak can then work on the land they've got left. Gaydamak throws up some shops, or sells his land with planning permission and makes a tidy sum without doing any work, and Chainrai knocks down Fratton park, builds a leisure centre with some flats on top, or sells the land with planning approval and makes a tidy sum without doing anything. Winners = Gaydamak and Chainrai who've converted £17m of dirty money into plenty of clean money. Losers = 6k or so of 'hardcore' [lol] Pompey fans who get to watch AFC Pompey playing Sunday league footy. I can't see that they've got anything to gain by keeping the company limping along until the end of the season when they'll be relegated, have incurred far more costs in the form of wages, taxes etc, and be on a massively reduced income in the Championship, still having not sold their over inflated players because no-one wants to pay their wages! Have I missed anything? I like a good conspiracy theory, but surely not? Would love it to be true though; love it. (That was my Keegan impression by the way). Link to comment Share on other sites More sharing options...
carljack Posted 16 February, 2010 Share Posted 16 February, 2010 EDIT. Just found the message on Betfair. I'm not sure if signifies anything specifically other than some punters could get an unfair advantage via inside information. Good point! especially after Harry and co cleaned up on the new Portsmouth manager market,I believe 8 million was traded on there. Link to comment Share on other sites More sharing options...
carljack Posted 16 February, 2010 Share Posted 16 February, 2010 With regard to point 1 I can confirm: The 'Fratton Goods Yard' Development was a three phase development. Phase 1 was moving the pitch ninety degrees and redeveloping Nottarf Krap. This obviously never started. Phase 2 I was involved with, it was developed out with a B&Q, a fast food restaurant and associated car parking. Phase 3 was also retail but was not started.It is the remaining land under the ownership of Gaydamak Sr / Chainrai. Not a lot of money in developing it compared to Four Five years ago1 Link to comment Share on other sites More sharing options...
CityRanger Posted 17 February, 2010 Share Posted 17 February, 2010 Latest from Guardian site: http://www.guardian.co.uk/sport/2010/feb/17/portsmouth-high-court-administration Talks of them being the first ever Prem club to enter admin? "Portsmouth's string of disappointed and out-of-pocket owners might wonder how the club's auditors gave it a clean bill of financial health, almost a year to the day before it became the first Premier League club to file for administration." Are they going to do it today?? Link to comment Share on other sites More sharing options...
Jimmy_D Posted 17 February, 2010 Share Posted 17 February, 2010 Latest from Guardian site: http://www.guardian.co.uk/sport/2010/feb/17/portsmouth-high-court-administration Talks of them being the first ever Prem club to enter admin? "Portsmouth's string of disappointed and out-of-pocket owners might wonder how the club's auditors gave it a clean bill of financial health, almost a year to the day before it became the first Premier League club to file for administration." Are they going to do it today?? Sounds like they're assuming Pompey will file to the courts for administration protection. Sounds like they're speculating in the last line mentioning history that it won't be granted. I wonder if it's inside info or just speculation... Link to comment Share on other sites More sharing options...
Saint_clark Posted 17 February, 2010 Share Posted 17 February, 2010 If they had inside info they would be making a MUCH bigger deal of it. Link to comment Share on other sites More sharing options...
Jimmy_D Posted 17 February, 2010 Share Posted 17 February, 2010 If they had inside info they would be making a MUCH bigger deal of it. But they're not stating 'sources say' or 'it is believed that'... They're just stating it as if it's already happened, that's relatively dangerous for a newspaper to put down into (electronic) print unless they're certain... Link to comment Share on other sites More sharing options...
dubai_phil Posted 17 February, 2010 Share Posted 17 February, 2010 Karma For the past 4 years I've had 7Days delivered to my door - our local free paper very expat biased. Occassionally the "pay to read" press decide to deliver promo copies. Today for the first time in a year or more I have had a copy of The National delivered. Al Fahim IS the front page story. In other news - they have a cunning plan http://www.dailyexpress.co.uk/posts/view/158643/Portsmouth-s-six-point-plan/ Ha they DO have a sense of humour http://www.portsmouth.vitalfootball.co.uk/forum/forums/thread-view.asp?tid=10156 Link to comment Share on other sites More sharing options...
dubai_phil Posted 17 February, 2010 Share Posted 17 February, 2010 (edited) http://mypompey.com/blogs/goldenboot/archive/2010/02/16/goldenboot-exclusive-new-premiership-club-buyer-revealed-lifelong-pompey-fan-mick-shannon-rides-in-to-rescue-pompey-and-will-save-the-club-in-next-24-hours.aspx Phew that's their takeover sorted then. Storrie's big day Edited 17 February, 2010 by dubai_phil Link to comment Share on other sites More sharing options...
EastleighSoulBoy Posted 17 February, 2010 Share Posted 17 February, 2010 Karma For the past 4 years I've had 7Days delivered to my door - our local free paper very expat biased. Occassionally the "pay to read" press decide to deliver promo copies. Today for the first time in a year or more I have had a copy of The National delivered. Al Fahim IS the front page story. In other news - they have a cunning plan http://www.dailyexpress.co.uk/posts/view/158643/Portsmouth-s-six-point-plan/ Ha they DO have a sense of humour http://www.portsmouth.vitalfootball.co.uk/forum/forums/thread-view.asp?tid=10156 On that second link, this is what Pompeyrug has to say "this is what the article says... DUBAI // A court has issued an arrest warrant for Sulaiman al Fahim, the former public face of Hydra Properties and host of the business-themed reality television show Hydra Executives, for failing to pay a debt of more than Dh8 million. The warrant was issued last Thursday after a ruling against Mr al Fahim by the Dubai Property Court in January last year in connection with a property dispute. An investor from Azerbaijan demanded to be repaid after a development by Mr al Fahim’s company, Al Buraq Development and Investment, failed to go ahead in Dubai, court documents show. An arrest warrant has also been issued against Saqr Abdullah Mohammed, the owner of another Dubai company involved in the deal, Ghantoot Star General Trading. The Dubai Property Court ordered Mr al Fahim, who is also the former owner of the English Premier League football club Portsmouth, to repay the Azerbaijani investor, identified as AM, a total of Dh8,634,836 (US$2.3m) – the original Dh8m he invested plus court and legal fees. In its judgment, the court said a nine per cent daily penalty would be imposed from the date of the first court hearing until the date the sum was repaid. By that rule, it would mean that, up until today, Dh374,579,070 was owed. Mr al Fahim, who is believed to be in Britain, faces only a local arrest warrant, not an international one. Sources close to the investigation said an Interpol red notice had not been filed. It would be the likely next step for the UAE authorities should they want Mr al Fahim extradited. Mr al Fahim would be arrested if he were to re-enter the UAE or any UAE embassy or government building. A spokesman for Mr al Fahim was unable to comment on the case. The court documents said Mr al Fahim had cleared almost all his assets from this country. Inquiries sent by the court to local banks found that Mr al Fahim had transferred all his local funds to undisclosed overseas locations. The Dubai Land Department said he personally owned only one plot of land in the emirate, in Mirdiff, and sold it after the court judgment was issued against him on January 14 last year. It was also disclosed that Mr al Fahim owned assets worth only Dh3,000 in stocks in the UAE. The court said in its judgment sheet that the amount demanded was large in comparison to the amount requested by the plaintiff, but was small in comparison with the assets Mr al Fahim is believed to hold. The judgment was issued to effect immediate repayment by the defendant, it said. The case was registered on October 24, 2008, after AM signed purchase contracts with Al Buraq Development and Investment for two floors, off-plan, at the Sky Tower development in Business Bay. AM bought floors 12 and 14 of the tower for Dh23,102,343. In June 2006, he paid just over Dh8m up front. The investor was promised that the tower would be completed by the end of 2008. But one year into the project, he learnt that building work had not started and he decided to investigate. Dubai Properties, which initially owned the land, even claimed that the land was never handed to Al Buraq Development and Investment in the first place, as Al Buraq did not meet the terms of the deal that had been agreed. In November 2008, Mr al Fahim’s defence lawyers told the court that the plot was sold to Ghantoot Star General Trading for Dh97,500,000 and that Al Buraq and Mr al Fahim no longer had any involvement in the case. The legal team asked for Mr al Fahim’s name to be dropped from the case. The court refused to drop the case against Mr al Fahim, saying the deal was made between him and the plaintiff before the alleged sale of the project. The plot remains undeveloped. Mr al Fahim, 32, amassed a fortune through his Abu Dhabi-based Hydra Properties empire, which is behind a number of developments across the UAE. He has regularly courted the limelight, particularly in his role as host of the Hydra Executives reality TV programme. In March last year, he was named the world’s fourth most influential Arab by Arabian Business magazine and was elected as the first president of the newly formed Arab Union for Real Estate Development. He hit the international headlines last year with his protracted purchase of ailing Portsmouth FC. The deal took almost three months to complete and his ownership lasted little more than 40 days after he failed to inject capital and pay the players’ wages on time. This triggered a takeover by the Saudi Arabian property magnate Ali al Faraj. Mr al Fahim, who stepped down as chief executive of Hydra Properties during his purchase of the club, remains on the company’s board. Neither Mr al Fahim nor Ghantoot Star General Trading were available for comment last night. ========== unbelievable, i am just sat here laughing as you could not make it up could you... " Oh we could believe anything of the Skates and their associates at this given time! 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dubai_phil Posted 17 February, 2010 Share Posted 17 February, 2010 unbelievable, i am just sat here laughing as you could not make it up could you... " Oh we could believe anything of the Skates and their associates at this given time! Thing is, the court case was originally filed in October 2008. AlFahim would clearly have had that investors 1.2 billion pounds for some time before hand. There are a raft of company names that Al Fahim is involved in, YET he was the CEO of a major corporate in Abu Dhabi.. So even when he took over, he had been the subject of a court case for what is a major financial irrgularity for ALMOST A YEAR Yet the PL deemed him a Fit & Proper person Meanwhile let us guess where Al Fahim's fortune all came from..... Then let us ask also how could a Kazakh amass a 1.2billion fortune that he could afford to RISK in a property development..... I swear to God this is making Watergate look like a Children's TV show Link to comment Share on other sites More sharing options...
saintbletch Posted 17 February, 2010 Share Posted 17 February, 2010 For easy maths Aed 6 = GBP1 So Oh look at that - 60mil again...... Aed 8.2 billion will be around 1.3bil quid He has assets in the UAE of less than 500 quid He ain't coming back in a hurry - clearly the whole Skate thing was a deseperate attempt to get Brit citizenship - could have saved the few all that pain by sending him a Wiki link to Mohd Al Fayed! :D:D Well wasn't Abromovic rumoured to have bought Chelsea and flashed the cash for similar personal interests? It's alleged that he wanted to raise his profile and live in London so that the Russian mafia and/or government agencies couldn't just quietly bump him off with a pointy umbrella at a bus stop. OK it appears that that is where the Ambramovic comparison ends. Link to comment Share on other sites More sharing options...
dubai_phil Posted 17 February, 2010 Share Posted 17 February, 2010 For the conspiracy theorists. UAE is + 4 hours on the UK The National article was timed at exactly 1 minute to 5 UK time yesterday, yet 9pm here (when NOBODY normally works), with the effect of throwing a perfectly timed hand grenade into the mess at Nottarf. Which is interesting when the Court hearing was held last Thursday, why the gap? Oh and The National has close links with The Times which is also printed in Abu Dhabi, yet no mention in there when they had all night to cut and paste the report. Good news is, it makes our money waving Sheikh at SMS even funnier Link to comment Share on other sites More sharing options...
sussexsaint Posted 17 February, 2010 Share Posted 17 February, 2010 Is there a time by which this document needs to be delivered today? Link to comment Share on other sites More sharing options...
pedg Posted 17 February, 2010 Share Posted 17 February, 2010 Very annoying after someone postponed twice previously due to illness got an all day (well 10 till 4) meeting today. Will probably miss out on most of the fun Link to comment Share on other sites More sharing options...
pedg Posted 17 February, 2010 Share Posted 17 February, 2010 Is there a time by which this document needs to be delivered today? 4pm apparently. Link to comment Share on other sites More sharing options...
sidthesquid Posted 17 February, 2010 Share Posted 17 February, 2010 From the Guardian: But the club's 2008 accounts, signed off by Grant Thornton's Southampton office on 27 February last year, contained no qualifications about the club's financial situation.... Come in agent Grant, your work is done. Link to comment Share on other sites More sharing options...
pedg Posted 17 February, 2010 Share Posted 17 February, 2010 http://www.birminghammail.net/birmingham-sport/birmingham-city-fc/birmingham-city-fc-news/2010/02/17/birmingham-city-not-guaranteed-fa-cup-bye-should-portsmouth-go-under-97319-25850211/BLUES would not automatically receive a bye to the semi-finals of the FA Cup if Portsmouth go into liquidation. Pompey face a provisional winding-up petition in the High Court on March 1, the week leading up to the quarter-final tie at Fratton Park. Should they go out of business and be unable to fulfil the fixture, the FA Challenge Cup Committee will then meet to decide the next course of action, an FA spokesman revealed. As there has been no precedent, nor is there any rule covering such an eventuality, FA chiefs will only make a decision should they have to cross that particular bridge. So if they do go out of business it might be the sooner the better for us as the closer it is to the date of the fixture the more likely I would guess that Birmingham would just get a bye. Link to comment Share on other sites More sharing options...
qwertySFC Posted 17 February, 2010 Share Posted 17 February, 2010 (edited) For the conspiracy theorists. UAE is + 4 hours on the UK The National article was timed at exactly 1 minute to 5 UK time yesterday, yet 9pm here (when NOBODY normally works), with the effect of throwing a perfectly timed hand grenade into the mess at Nottarf. Which is interesting when the Court hearing was held last Thursday, why the gap? Oh and The National has close links with The Times which is also printed in Abu Dhabi, yet no mention in there when they had all night to cut and paste the report. Good news is, it makes our money waving Sheikh at SMS even funnier Oh dear .. it's all coming out now, actually sold PFC for zero and not the value £1 http://www.arabianbusiness.com/581753-al-fahim-hits-back-i-am-innocent-i-am-the-victim Edited 17 February, 2010 by qwertySFC Link to comment Share on other sites More sharing options...
bridge too far Posted 17 February, 2010 Share Posted 17 February, 2010 Very annoying after someone postponed twice previously due to illness got an all day (well 10 till 4) meeting today. Will probably miss out on most of the fun Me too - got a funeral to go to Link to comment Share on other sites More sharing options...
Master Bates Posted 17 February, 2010 Share Posted 17 February, 2010 Me too - got a funeral to go to (((hug))) Link to comment Share on other sites More sharing options...
Merovingian Posted 17 February, 2010 Share Posted 17 February, 2010 why do you guys think something is going to happen today, there is no way HMRC and the judge are going to inspect a document that arrives at 4pm and make a decision immediately. lol I could potentially see us applying for voluntary admin to the court (whether they allow it is subjective) but thats it and as we are relegated already thats no biggy and preferable in terms of attracting any sort of investment small or large Link to comment Share on other sites More sharing options...
pedg Posted 17 February, 2010 Share Posted 17 February, 2010 why do you guys think something is going to happen today, there is no way HMRC and the judge are going to inspect a document that arrives at 4pm and make a decision immediately. lol I could potentially see us applying for voluntary admin to the court (whether they allow it is subjective) but thats it and as we are relegated already thats no biggy and preferable in terms of attracting any sort of investment small or large I think the opinion was that any self respecting board would resign if the statement categorically showed they had been trading whilst insolvent for a long period. So probably nothing will happen. Link to comment Share on other sites More sharing options...
Gemmel Posted 17 February, 2010 Share Posted 17 February, 2010 Thing is, the court case was originally filed in October 2008. AlFahim would clearly have had that investors 1.2 billion pounds for some time before hand. There are a raft of company names that Al Fahim is involved in, YET he was the CEO of a major corporate in Abu Dhabi.. So even when he took over, he had been the subject of a court case for what is a major financial irrgularity for ALMOST A YEAR Yet the PL deemed him a Fit & Proper person Meanwhile let us guess where Al Fahim's fortune all came from..... Then let us ask also how could a Kazakh amass a 1.2billion fortune that he could afford to RISK in a property development..... I swear to God this is making Watergate look like a Children's TV show Thought you might like this one Phil..... Link to comment Share on other sites More sharing options...
NickG Posted 17 February, 2010 Share Posted 17 February, 2010 so I guess, if the accounts have to be lodged today, with all projections of investment - time has run out to find investor? Link to comment Share on other sites More sharing options...
Delmary Posted 17 February, 2010 Share Posted 17 February, 2010 Sounds like they're assuming Pompey will file to the courts for administration protection. Sounds like they're speculating in the last line mentioning history that it won't be granted. I wonder if it's inside info or just speculation...Well the Guardian has been the mouth-piece for Pompey for most of this season. Therefore, it's got to be inside info. Plus they're are now blaming their auditors for the hugh mess. You could not make it up.:smt044 Link to comment Share on other sites More sharing options...
Amesbury Saint Posted 17 February, 2010 Share Posted 17 February, 2010 why do you guys think something is going to happen today, there is no way HMRC and the judge are going to inspect a document that arrives at 4pm and make a decision immediately. lol I could potentially see us applying for voluntary admin to the court (whether they allow it is subjective) but thats it and as we are relegated already thats no biggy and preferable in terms of attracting any sort of investment small or large I am sure someone will leave a copy on the photocopier by mistake which will be e mailed to SWF, so we can see it before HMRC and advise the tax people on the appropriate course of action. If it is bad news, I am certain we will hear something today. IF only the sound of people packing up their personal belongings at FP. Link to comment Share on other sites More sharing options...
Delmary Posted 17 February, 2010 Share Posted 17 February, 2010 Thought you might like this one Phil..... Nice caravan:D Link to comment Share on other sites More sharing options...
Channon's Sideburns Posted 17 February, 2010 Share Posted 17 February, 2010 My bet's that Storyteller resigns today. Just in time to avoid facing the masses (well, on reflection, probably around 50) Pompey fans at tomorrow's forum. I see it's at Moneyfields and not Nottarf.....ah well, best get used to their new home eh? Can't wait to see the reaction on TV when the penny *finally* drops.... 'Oh it can't happen, we're such a great club' Yeah right. Ask Mick McCarthy. Link to comment Share on other sites More sharing options...
Channon's Sideburns Posted 17 February, 2010 Share Posted 17 February, 2010 Well the Guardian has been the mouth-piece for Pompey for most of this season. Therefore, it's got to be inside info. Plus they're are now blaming their auditors for the hugh mess. You could not make it up.:smt044 Of course...have you not seen Storyteller's CEO Job Description? Mainly waffle, but at the end is the most apt statement based on the Ten Commandments... 'Thou shalt not take responsibility for financial meltdown, ever' Link to comment Share on other sites More sharing options...
Joensuu Posted 17 February, 2010 Share Posted 17 February, 2010 Oh dear .. it's all coming out now, actually sold PFC for zero and not the value £1 http://www.arabianbusiness.com/581753-al-fahim-hits-back-i-am-innocent-i-am-the-victim “I am not running away from this, I am in Moscow and am actually here as part of an official UAE delegation promoting the chess industry. Who else do we know on the run in Moscow? Link to comment Share on other sites More sharing options...
RedAndWhite91 Posted 17 February, 2010 Share Posted 17 February, 2010 Why did the fact he is promoting the chess industry make me laugh out loud? Link to comment Share on other sites More sharing options...
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