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Pompey Takeover Saga

Fitzhugh Fella

By Fitzhugh Fella
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dubai_phil

dubai_phil

Posted
Posted
How are the Skates getting another meeting regarding selling players outside the window tomorrow? Disgrace... if ever there was a perfect example of insolvency, this is it....

 

That is now taken as confirmed, hence why Admin, who by law has to dispose of anything of any value to pay off the debts.

 

He needs to ask the PL how that can be be done. 38mil - Don't you love Storrie teller.

 

Hope he did not put that in the SoA

Channon's Sideburns

Channon's Sideburns

Posted
Posted

HMRC is questioning timing of Chainrai's 'charge' (securing his debt) on PFC. It came on 7/1, after WUP started on 23/12. Bit iffy

1 minutes ago via txt

 

2nd headline: HMRC challenging value of Fratton Park. Is it Chainrai's £10m (competing 18/2/11!) or book value of £7.8m?

5 minutes ago via txt

 

1st big headline: last week Storrie revalued squad from £21m to £38m, contrary 2 normal practice but based on his 21yr experience!

10 minutes ago via txt

 

 

ALL FROM BBC TWITTER FEED.

Liquidshokk

Liquidshokk

Posted
Posted

It sounds like the only reason they havent been put to sleep is because "they are a well loved club" and they "have lots of history"

 

Any other company in any other industry would have folded by now, regardless of how big the name is.

 

It does grate on me.

hutch

hutch

Posted
Posted
as I pointed out earlier it will give Pomey time to catch up their 5 points adrift. Then watch the PL get its knickers in a twist.

Pompey will get out of it

Works every time

View From The Top

View From The Top

Posted
Posted
How are the Skates getting another meeting regarding selling players outside the window tomorrow? Disgrace... if ever there was a perfect example of insolvency, this is it....

 

It's in the EPL rules regarding administration.

 

What the skate bast(a)rds want to do is sell players now but then loan them back to the skate bast(a)rds for the remainder of the season.

shurlock

shurlock

Posted
Posted

 

1st big headline: last week Storrie revalued squad from £21m to £38m, contrary 2 normal practice but based on his 21yr experience!

10 minutes ago via txt

 

.

 

£21m i gather is what's in the official accounts.

Fowllyd

Fowllyd

Posted
Posted
That is now taken as confirmed, hence why Admin, who by law has to dispose of anything of any value to pay off the debts.

 

He needs to ask the PL how that can be be done. 38mil - Don't you love Storrie teller.

 

Hope he did not put that in the SoA

 

I bet he did - that's probably where HMRC got the figure from in the first place! :smt044

dubai_phil

dubai_phil

Posted
Posted

48 minutes gone but on the News feed only a few sentences. Must be using Saintsplayer feed with all the pauses!

 

Has the reporter died of shoc? or is he having a cup of tea?

 

Anything on any other live feeds to fill in the gaps

Joensuu

Joensuu

Posted
Posted
There seem to be a few ( comparatively ) intelligent and informed skates commenting on the snooze - and most seem to be a bit worried

 

They are filtering very heavily today methinks

Channon's Sideburns

Channon's Sideburns

Posted
Posted
48 minutes gone but on the News feed only a few sentences. Must be using Saintsplayer feed with all the pauses!

 

Has the reporter died of shoc? or is he having a cup of tea?

 

Anything on any other live feeds to fill in the gaps

 

He's being EXTREMELY selective on what he puts up. None of mine have appeared yet.

hutch

hutch

Posted
Posted
SSN - value of players put at £21 million. story teller said £38m HAHAHAHAHAHAHAHA

I'm sure the difference, this time, really is entirely coincidental.

dronskisaint

dronskisaint

Posted
Posted
There seem to be a few ( comparatively ) intelligent and informed skates commenting on the snooze - and most seem to be a bit worried

 

Damnit - I'm being censored when I comment! Could it be the pseudonym Lupert Rowe do you think?:confused:

Joensuu

Joensuu

Posted
Posted
Damnit - I'm being censored when I comment! Could it be the pseudonym Lupert Rowe do you think?:confused:

 

 

Check out 11:23! Someone with an interesting username

pedg

pedg

Posted
Posted
Alice in Wonderland quote isn't it?

 

Can't see Johnny Depp wanting to play Storrie as the portsmouth mad hatter though!

shurlock

shurlock

Posted
Posted
It sounds like the only reason they havent been put to sleep is because "they are a well loved club" and they "have lots of history"

 

Any other company in any other industry would have folded by now, regardless of how big the name is.

 

It does grate on me.

 

Of course HMRC are playing that card to have the holy and the righteous on their side. Christ they might even convince a few skates that this isn't a vindictive witch-hunt, but there is a public interest in the HMRC unearthing all the bodies. Go for it i say.

Wurzel

Wurzel

Posted
Posted
He's being EXTREMELY selective on what he puts up. None of mine have appeared yet.

 

I've got one on there so far

 

 

And who is posting on there as TCWTB? :p

Red Alert

Red Alert

Posted
Posted

Mr Mitchell said they need evidence of the validity of the appointment of administrators.

'We just want the court to determine that issue on the evidence. They may have satisfied themselves but there may be issues that they have not put their minds to.'

 

If this is a direct quote, sounds as if HMRC might be floundering in there a little bit. Not a strong concise point that I want to be hearing from them.

pedg

pedg

Posted
Posted

Matthew:

Mr Mitchell said they need evidence of the validity of the appointment of administrators.

'We just want the court to determine that issue on the evidence. They may have satisfied themselves but there may be issues that they have not put their minds to.'

 

What's that bit in lawyer speak mean?

dubai_phil

dubai_phil

Posted
Posted

PMSL - surely the News Feed Comments section has been hacked by Saints Fans

 

I find myself cheering HMRC on

 

I am begining to Like Mr Mitchell

 

And the comment about the appointment

 

"There may be issues that they have not put their minds to..."

 

Which is Lawyer speak for

 

FAIL

Wibble

Wibble

Posted
Posted
He's being EXTREMELY selective on what he puts up. None of mine have appeared yet.

 

Mine got ignored until this one

 

"Full investigation into all financial dealings between owners is going to result in huge points deductons next season if winding up doesn't happen first!"

Matthew Le God

Matthew Le God

Posted
Posted
[Comment From Ian ]

@Stuart - Belhadj - £5m+, Boateng - £7m+, Piquionne - £5m, Utaka - £3m+, Wilson £3m+ = £23m alone

 

:D Dreamland

 

Also I'd like to see how they get £5m for a player on loan.

hutch

hutch

Posted
Posted
PMSL - surely the News Feed Comments section has been hacked by Saints Fans

 

I find myself cheering HMRC on

 

I am begining to Like Mr Mitchell

 

And the comment about the appointment

 

"There may be issues that they have not put their minds to..."

 

Which is Lawyer speak for

 

FAIL

Agreed. They've missed something, and Mr. Mitchell knows what it is.

Essruu

Essruu

Posted
Posted
Mr Mitchell said they need evidence of the validity of the appointment of administrators.

'We just want the court to determine that issue on the evidence. They may have satisfied themselves but there may be issues that they have not put their minds to.'

 

If this is a direct quote, sounds as if HMRC might be floundering in there a little bit. Not a strong concise point that I want to be hearing from them.

 

On the contrary: I read it that HMRC are suggesting that they [pfc/bc etc] don't know what they're doing.

OldNick

OldNick

Posted
Posted

Stuart - Belhadj - £5m+, Boateng - £7m+, Piquionne - £5m, Utaka - £3m+, Wilson £3m+ = £23m alone

Lol they wouldnt get that if things were flying but in a fresale loan back situation Lollage

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