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Pompey Takeover Saga


Fitzhugh Fella

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Story..

"If you want to know where the money has gone, look at the accounts. It's no secret

Well we could but you don't appear to have filed any for a while. I assume the ongoing fine from companies house is included in the SoA?

 

---

 

plus includes the new snippet...

The South African consortium, spearheaded by
a sports orientated investor
, has lodged proof of finances with the lawyers and will, on Monday, lodge those proof of funds with the banks.

Edited by pedg
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Some gems.

 

The sale was going to be done today. Now it's - yep 48 hours

 

Nice of him to tell us what we all worked out - THEY ARE INSOLVENT

 

So we now have a public admission of guilt. What do the FA & The PL intend to do about that?

 

And for that matter what about the DTI or whatever it is called these days - he has just admitted to a crime in that article.

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Some gems.

 

The sale was going to be done today. Now it's - yep 48 hours

 

Nice of him to tell us what we all worked out - THEY ARE INSOLVENT

 

So we now have a public admission of guilt. What do the FA & The PL intend to do about that?

 

And for that matter what about the DTI or whatever it is called these days - he has just admitted to a crime in that article.

 

See he is pandering to the fans with the "Why don't they leave us alone and go and pick on a team with bigger debts?". Did the interviewer not mention these other teams PAY THEIR BILLS!

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How many of there "Highly prized assets" can they not at the moment sell and who will be out of contract so can walk away at the end of the season? Surely the book value of these players is now zero?

Edited by pedg
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See he is pandering to the fans with the "Why don't they leave us alone and go and pick on a team with bigger debts?". Did the interviewer not mention these other teams PAY THEIR BILLS!

 

And not ONE comment about "The Community"

 

Not ONE comment about the small businesses (such as Terry the Builder) to whom they owe money

 

Not ONE simple acknowledgement of the pain they are inflicting

 

Everything is about Survival, nothing about their Corporate Social Responsibility, which is what you would expect from an operation that has been washing things (including it's hands) for years.

 

Oh and first comment The Supermarket would be worth a fortune.. Well guess what that is nothing to do with the club anymore - YOU GAVE THAT AWAY TO CHANRAI AT THE WEEKEND - or was that a fib as well?

 

Oh and the squad is worth millions - all those loanees and free transfers that is

 

That article really says the following.

 

"This charade has almost been played out to the end as it has been in the interests of the owners to liquidate this club as quickly as possible so that the land can be used for a major redevelopment.

By showing the council that every possible avenue was explored to save the club they will now understand and accept the buidling of a squash court and gym for the residents of the new development

 

This was required, because under the terms of the Council Mandate, once the club ceases to exist the land the stadium stood on can be used for a Leisure development that earns us money as property developers.

 

With the club gone the property is worth far far more than the prospective paper losses on the value of the shares"

 

So long suckers will be the epitaph

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Al Fahim resigns and gives his 10% shareholding to the Portsmouth Trust. On SSN now...

 

What a generous man, what a wonderful gift.

 

Remind me again how much money those shares cost him?

 

10% of 100% which cost him One Pound

 

Marvellous so he just gave the Trust a 10 pence donation to the cause

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Al Fahim grabs the last lifejacket and sprints off the deck with banknotes fluttering out of his rucksack?

 

Too late to avoid charges methinks.

 

As they appear to have lost their homeground are they now the only Prem team classed as part of the travelling community?

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Al Fahim grabs the last lifejacket and sprints off the deck with banknotes fluttering out of his rucksack?

 

Too late to avoid charges methinks.

 

As they appear to have lost their homeground are they now the only Prem team classed as part of the travelling community?

 

 

The East End of the M27 last week ..... this is how the 657 roll !!!

 

 

211456109GsioKW_fs.jpg gypsy_caravan_1.jpg

 

Always has been and always will be that way ;)

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So it the trust now own 10% of the club I assume they also own 10% of the debt?

 

Don't know. But surely the new South African owners will now be negotiating with their supporter's trust if they want 100% control of the club.

 

As a minority shareholder I guess it gives the trust little power but can the trust insist on seeing the books, SoA or the details of the hot, hot, hot takeover?

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How about this site encouraging Saints fans to join the Pompey Trust? At a fiver a go, it is a real chance to influence the direction of their club and who knows? With our support, we could outnumber their fans...

 

Website here.

 

Do we want to take on their debt?

 

I'd love it if the Pompey Trust were sunk by this along with the club. That would sure scupper their attempts to establish a non-league phoenix.... :)

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Each team has to pay a tenner to enter.

 

All entrance money distributed as prize money

 

So , 10 teams enter, that will be £70 to the winner and £10 to second place.

Surely if it's a Pompey quiz night, it'll be a tenner a team, £100 for the winner, £70 for second place and £10 back for everyone else :D

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Surely if it's a Pompey quiz night, it'll be a tenner a team, £100 for the winner, £70 for second place and £10 back for everyone else :D

 

I would'nt bank on the prize money being paid TBH..

 

I rather think the winning team will have to join the list of creditors alongside HMRC :badgrin:

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More classics from Storrie

 

''"The assets of this club are its players, their value in the transfer market, and there are some players whom we would value very highly. There is then the potential for 100,000 square foot of supermarket. You can imagine what that would be worth."''

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More classics from Storrie

 

''"The assets of this club are its players, their value in the transfer market, and there are some players whom we would value very highly. There is then the potential for 100,000 square foot of supermarket. You can imagine what that would be worth."''

 

Ha Ha Ha, more ammo to wind the Skates up with. :D

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Do the Pompey Trust organise quiz nights?

 

 

 

Yeah, I've just recieved the next quiz:

  1. Who discovered America?
    Christopher Robin
    Christopher Columbus
    I DON'T KNOW!!!!!!!!!!!!!!!!!!!!!!
    George Washington
    George Lucas
    Bob the Builder
  2. How many fingers do you have?
    I don't know how to count. 7
    infinite
    (this IS NOT the correct answer)
    TEN
    Q
  3. What continent is ASIA in?
    Europe
    Asia
    ?
    Greenland
    Australia
    Africa
  4. Which one of these is an animal?
    Sock
    Goggles
    pavement
    Sour Cream
    France
    Yo' momma
  5. If Jack has 4 apples, and Dan has 7 apples.......... omg just click the correct answer.
    DON'T SELECT THIS ANSWER
    THIS IS THE CORRECT ANSWER
    Tofu
    this is the wrong answer
    don't choose me
    I am incorrect
  6. Which one doesn't rhyme with "STORE"
    Gore
    More
    Lore
    Orange
    Door
    Score
  7. What is a "train"
    You beat eggs with it
    You chop down trees with it
    A vehicle that runs along a set track
    Pork
    All of the above
    None of the above
  8. If you live in Australia, where do you live?
    Austria
    Australia
    Austin
    Phoenix
    Mars
    George Lucas
  9. Which one of these is good for your body?
    AIDS
    Rusty pointy things
    Ecstacy pills
    Blood BLOOOD!!!!!!!
    Rabies
    Toxic Waste
  10. What is plural for "FUNGUS"
    Shrooms
    Bacon
    Fungi
    Protistas
    Funguses
    Fungusususes
  11. What happens when you jab a chainsaw into yourself?
    Pigs will flyyyyeeeeeeeeeeee!!!!!
    it will bounce off and you will find out u r superman
    You will dodge maiming yourself in the nic of time
    You will bleed to death
    The boogie man will grow a cornfield on your face
    People will laugh at you.
  12. What are you?
    Human
    Fish
    A Pompey Fan
    I don't know/forgot
    You worst nightmare
  13. What is 3+3?
    3
    33
    K
    %
    ((1+5)*6)/6
    L337?
  14. What color was i thinking about when i made this quiz? Hint: RED
    blue
    purple
    teal
    red
    siamese
    german
  15. What was Hitler's first name?
    Warksov
    Jean
    Hail
    Natzi
    Adolf
    Rudolf
  16. How many Q's are there in this sentence?
    none
    1
    2
    3
    4
    TRICK QUESTION!!!!!!!! THERE IS NO ANSWER!!!!!!
  17. Where did the French revolution take place?
    Germany
    Mercury
    Stationary
    France
    Prance
    Dance
  18. Over indulgnce of Alchohol will cause
    Sugar rushes
    Drunkeness
    Implosion of brain
    Common Cold
    this is the wrong answer
    this is also the wrong answer
  19. What is "Extrinsic"
    I used a search engine to find out.
    I used dictionary.com
    I used a different source to find out
    I used a dictionary to find out
    I asked someone
    I actually know what that word means
  20. Which is not found in the English alphabet?
    �����
    A
    E
    I
    O
    U
  21. What is the Netherlands?
    The underworld
    The underwear
    Peurto Rico
    Holland
    Persia
    Germany
  22. LAST QUESTION!!!!!! how many questions are there?
    22
    23
    24
    25
    26

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More classics from Storrie

 

''"The assets of this club are its players, their value in the transfer market, and there are some players whom we would value very highly. There is then the potential for 100,000 square foot of supermarket. You can imagine what that would be worth."''

 

A fully built 100,000 sq ft supermarket would cost £20m tops. Buts thats not what they have, They only have the land.

 

 

Plus a quick look sees that Tesco , Asda and Sainsburys already have stores in the area.

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Yeah, I've just recieved the next quiz:

 

1. Who discovered America?

Christopher Robin

Christopher Columbus

I DON'T KNOW!!!!!!!!!!!!!!!!!!!!!!

George Washington

George Lucas

Bob the Builder

2. How many fingers do you have?

I don't know how to count. 7

infinite

(this IS NOT the correct answer)

TEN

Q

3. What continent is ASIA in?

Europe

Asia

?

Greenland

Australia

Africa

4. Which one of these is an animal?

Sock

Goggles

pavement

Sour Cream

France

Yo' momma

5. If Jack has 4 apples, and Dan has 7 apples.......... omg just click the correct answer.

DON'T SELECT THIS ANSWER

THIS IS THE CORRECT ANSWER

Tofu

this is the wrong answer

don't choose me

I am incorrect

6. Which one doesn't rhyme with "STORE"

Gore

More

Lore

Orange

Door

Score

7. What is a "train"

You beat eggs with it

You chop down trees with it

A vehicle that runs along a set track

Pork

All of the above

None of the above

8. If you live in Australia, where do you live?

Austria

Australia

Austin

Phoenix

Mars

George Lucas

9. Which one of these is good for your body?

AIDS

Rusty pointy things

Ecstacy pills

Blood BLOOOD!!!!!!!

Rabies

Toxic Waste

10. What is plural for "FUNGUS"

Shrooms

Bacon

Fungi

Protistas

Funguses

Fungusususes

11. What happens when you jab a chainsaw into yourself?

Pigs will flyyyyeeeeeeeeeeee!!!!!

it will bounce off and you will find out u r superman

You will dodge maiming yourself in the nic of time

You will bleed to death

The boogie man will grow a cornfield on your face

People will laugh at you.

12. What are you?

Human

Fish

A Pompey Fan

I don't know/forgot

You worst nightmare

13. What is 3+3?

3

33

K

%

((1+5)*6)/6

L337?

14. What color was i thinking about when i made this quiz? Hint: RED

blue

purple

teal

red

siamese

german

15. What was Hitler's first name?

Warksov

Jean

Hail

Natzi

Adolf

Rudolf

16. How many Q's are there in this sentence?

none

1

2

3

4

TRICK QUESTION!!!!!!!! THERE IS NO ANSWER!!!!!!

17. Where did the French revolution take place?

Germany

Mercury

Stationary

France

Prance

Dance

18. Over indulgnce of Alchohol will cause

Sugar rushes

Drunkeness

Implosion of brain

Common Cold

this is the wrong answer

this is also the wrong answer

19. What is "Extrinsic"

I used a search engine to find out.

I used dictionary.com

I used a different source to find out

I used a dictionary to find out

I asked someone

I actually know what that word means

20. Which is not found in the English alphabet?

�����

A

E

I

O

U

21. What is the Netherlands?

The underworld

The underwear

Peurto Rico

Holland

Persia

Germany

22. LAST QUESTION!!!!!! how many questions are there?

22

23

24

25

26

 

Have you got the answers too, mate? I'm only about halfway so far but I just wanted to check my answers.

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A fully built 100,000 sq ft supermarket would cost £20m tops. Buts thats not what they have, They only have the land.

 

 

Plus a quick look sees that Tesco , Asda and Sainsburys already have stores in the area.

 

No Pick 'n' Pay though. Perhaps this is the Saffer link after all

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http://www.pompeytrust.com/index.php?option=com_content&view=article&id=128:the-al-fahim-shares-update&catid=53:trust-information

 

The Al-Fahim shares - update

Monday, 22 February 2010 10:15 Matt Partridge .The Pompey Supporters’ Trust working committee met with Suleiman Al Fahim at the end of January to discuss the possibility of Mr Fahim donating his 10% share in Portsmouth Football Club to the Trust. The working committee agreed that the offer had been made in good faith, but due to the circumstances of the Club we required financial and legal advice before we’d be in a position to comment further.

 

No formal offer has yet been made to the trust, but appreciating the need for urgency in the current dire situation, the Trust and it's advisors will deal with any formal offer immediately after it's been recieved.

 

A reccomendation based on financial and legal advice will be put to the Pompey Trusts members, who ultimately approve any decisions of this scale.

 

If you require any more information please contact info@pompeytrust.com This e-mail address is being protected from spambots. You need JavaScript enabled to view it

 

 

 

Last Updated ( Monday, 22 February 2010 10:56 )

Edited by Weston Saint
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A fully built 100,000 sq ft supermarket would cost £20m tops. Buts thats not what they have, They only have the land.

 

 

Plus a quick look sees that Tesco , Asda and Sainsburys already have stores in the area.

 

Come to think of it you don't mention Waitrose. But I'm guessing you're thinking that perhaps it isn't an area brimming with Waitrose target customers?

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