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Pompey Takeover Saga


Fitzhugh Fella

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I am sure it will be on a point of law. Only Preferred Creditors could take PCFC into Admin so I expect that their application wass not from a Preffered creditor. Also they may not have formally had the WUP discharged so they may have been in contempt. In any event a Judge has said back in court so if that is the case thir prospects look slim.

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How are we supposed to get to 20,000 posts before then? Someone tell them we have proof of more posts coming and could they hold off for a bit.

 

 

Breaking news, Ocean Finance aprove SWF request for 20,000 posts.

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Just talking to an insolvency expert says that this is going to be a test case for HMRC, seems to think it improbable :( that they would be wound up tomorrow, speculated that they could be after a different Administrator but thought unlikely. And also says its more likely that they will get an injunction tomorrow to give both sides time to get their arguments together for a final showdown at a later date. So the thread gets a new lease of life so off we go again. :D

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http://www.portsmouthfc.co.uk/LatestNews/news/Andronikou-To-Meet-With-Premier-League-685.aspx

 

Andrew Andronikou, joint-administrator for Portsmouth Football Club, will meet with the Premier League on Tuesday to discuss the club’s proposed nine-point penalty for entering administration.

 

 

 

Andronikou will then attend a meeting of Premier League chairmen on Thursday to explore whether clubs would consider allowing Pompey to sell players and then take them back on loan for the remainder of the season.

 

 

 

The possibility of television revenue being forwarded early to Pompey will also be discussed.

 

 

 

A Pompey spokesman said: “We don’t want to pre-empt anything or pre-judge what will happen, but hopefully the Premier League and our fellow Premier League clubs will be as sympathetic as possible to our situation.

 

 

 

“The Premier League have been incredibly understanding in our current situation and Balram Chainrai, the club’s owner, would like to place on record his gratitude to chief executive Richard Scudamore, chairman Sir David Richards, company secretary and head of football administration Jane Purdon, general secretary Mike Foster and director of finance and administration Javed Khan.”

He might have to postpone this meeting LOL

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It's from Euston...

 

Claim you work for Portsmouth Football Club. Then go on to say that you are planning a judicial review on the whole Rail Ticketing system. Technically they now owe you a train ticket and you will be vindicated in court, if that fails you can always appeal.

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Its like a horror film for pompey. There they were thinking the HMRC monster was fatally injured only for it to make a shock appearance in the last reel.

 

They tiptoed backwards towards the camera, turned round to face it in classic Hammer horror fashion, only to be confronted by the grinning and contorted face of ---- 'The TAXMAN'.:axe:

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Is this for real? Can't find anything on the web, is it SSN only?!?

 

http://www.dailymail.co.uk/sport/football/article-1254678/Portsmouth-set-new-High-Court-hearing-HMRC-challenge-voluntary-administration.html

 

It gets funnier....

 

What's the bet that HMRC claim the administration isn't real because it has to be funded by Chinarai, who has a vested interest. Surely most admins have to be funded by the money within the club....have thought this for ages TBH.

 

Also, the timing of his 'not interested in owning Pompey' piece... hmmmmmmmmm

 

PAY UP POMPEY...oh you can't.

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COURT 53

Before MR JUSTICE NORRIS

Tuesday, 2 March 2010

At half past 10

GENERAL LIST

GLC 37/10 Her Majesty's Commissioners for Revenue and Customs v Portsmouth City Football Club Ltd

GLC 38/10 Same v Same

GLC 51/10 Same v Same

GLC 52/10 Grosvenor Basingstoke Properties Ltd and Grosvenor Basingstoke Management Ltd v Portsmouth City Football Club Ltd

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Brilliant -on sky - the leading bidder Cattermole

 

we asked for proof of funds and he gave a piece of paper from company didn't know - asked for reference from bank - they couldn't

 

we were dealing with 22 year old man

 

asked to meet him at his office

 

he said he didn't have office but asked us to go to his dad's house!

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