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Pompey Takeover Saga


Fitzhugh Fella

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you're not seriously trying to tell me that getting run ragged before hitting us on the break was all part of a master plan?

 

Indeed I am Chez, and your more than most know about my outstanding footballing credentials and encyclopedic football knowledge and intelligence. ;)

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losing to your teams biggest rivals always hurts - true!

 

but the FA Cup defeat didn't hurt us as much as as you seem to think it did.

 

Why?

 

Because we outplayed you for 60 mins,

 

because in O'Hara and Owusu you had 2 players on the pitch you should never have been allowed to sign - so in effect you had to cheat to beat us

 

because it was there for everyone to see - your defence struggled against a League 1 team - and it was only thanks to James you were still in the game at half time - your team are going to get relegated -10 points or not

 

because 5 or 6 of your team are on loan and won't be playing for you next season - whatever division you are in - and James and Kanu will probably be gone as well - and the team that's left will struggle ito avoid relegation in the CCC

 

because it was your last hurrah!

 

because we are a League 1 team - and it wasn't our first 11

 

because we'll do the double over you next season - or pass you on the way up to the CCC as you drop down to League 1

 

because nearly all of football is starting to despise your club for what's gone on off thte pitch and behind the scenes

 

becase your dirty little club has become and embarassent to English football - and a laughing stock

 

because you've proved you'll never be a big club

 

because the future is bright - and its red and white!

 

 

:smt023

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Just a general observation from my viewpoint.

 

I think that Poopey fans hate us far more than we hate them.

 

I think that, for some unreal reason, Poopey fans have far more of a chip on their shoulder about us than we do about them.

 

I think that we view the Poopey fans with mild disdain and pity. far more than they do to us.

 

And, finally, I think it's the previous point which really grips their she!te.

 

I would of agreed with this 100% a few years ago ESB, but as a veteran of this 20,000 post thread and some of the bile swilling around it i'm not so sure?

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When you are in the third division, you can have a w*nk at buying the FA Cup and beating us, trying your hardest to overlook where it all got you. Most of us are having a whale of a time enjoying watching our team, safe in the knowledge that our club is in good hands and on its way up again. I can't see your future looking as rosy in a year or two. We are on our way to domination over you for another 30 years or so.

 

Wes, a word to the wise, a w*nk in the hand is worth two in the bush. :D

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I think that's a reasonable summary. You don't get it PES, do you? I'm pleased for you that you enjoyed your day but for most of us here it was a mildly curious sideshow. We are relaxed in the knowledge that we are sailing off serenely to better waters whilst you are drifting on to the rocks with no sails, no engine, no paddles and a leaking hull.

 

Will everyone stop telling me this, sheeesh, it's really ticking me off! ;):D

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losing to your teams biggest rivals always hurts - true!

 

but the FA Cup defeat didn't hurt us as much as as you seem to think it did.

 

Why?

 

Because we outplayed you for 60 mins,

 

because in O'Hara and Owusu you had 2 players on the pitch you should never have been allowed to sign - so in effect you had to cheat to beat us

 

because it was there for everyone to see - your defence struggled against a League 1 team - and it was only thanks to James you were still in the game at half time - your team are going to get relegated -10 points or not

 

because 5 or 6 of your team are on loan and won't be playing for you next season - whatever division you are in - and James and Kanu will probably be gone as well - and the team that's left will struggle ito avoid relegation in the CCC

 

because it was your last hurrah!

 

because we are a League 1 team - and it wasn't our first 11

 

because we'll do the double over you next season - or pass you on the way up to the CCC as you drop down to League 1

 

because nearly all of football is starting to despise your club for what's gone on off thte pitch and behind the scenes

 

becase your dirty little club has become and embarassent to English football - and a laughing stock

 

because you've proved you'll never be a big club

 

because the future is bright - and its red and white!

 

And breathe! :D

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It hurt, I can't deny it, but not as much as I expected.

I think we were all drained a bit from the emotion of the Tuesady night success against MK Dons and getting to Wembley. Saturday mattered just a little less because of that. Also I thought our lads gave it a good go, which is all you can ask of them.

It was only afterwards, thinking of the goal-scorers, that I felt angry that you were playing players you should not have been allowed to use - especially that Quincy fellow - and that you had yet again got away with cheating, bringing in a ringer to gain an unfair advantage.

 

I guess some fans, like you and I, feel the Rivalry when it doesn't go our way and others are able to create some kind of detatchment from it when it suits them. I'm gonna have to get to grips with that as it seems a very useful gift in any football fans armoury. FWIW I thought you did play well, I was impressed and very nervous until the second Pompey goal went in. As the Derbies will now be a future fixture, you'll have your chance to avange the flattering Pompey scoreline. :)

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Give over PES, that defeat didn't hurt a bit. In fact, I cheered every time you broke away and scored cos each goal reminded me how much better we were than you. Or something.

 

Ponty, I shouldn't need to remind you that this is the Lounge and therefore an extremely serious thread. Sarcasm isn't appreciated.

I, like all other real Saints fans have cried myself to sleep every night since the 13th February.

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Thanks for posting that Weston. Interesting to see where the few are and compare it to the people who came out the woodwork when we were in admin a year ago. Thought this line summed it up for me though...

 

Rob repeated, we need to stablise the club first and then look to see how it can begin generating it's own money and become self sustaining.

 

i.e. Lets spend £30m & buy the club, plough loads more money in to take it off life support & then take a look and hope we can make it sustainable. I would have thought that the thinkling around making it sustainable would have happened about £70m ago!!!

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Having watched our circus last year, surely you & I can't be the only ones that see alarm bells all over this.

 

Talk to the fans before talking to AA?

 

For THEIR sake I hope it is real.

 

But deep down I wonder if this is about a bloke with cash flow problems showing a large organisation he can deliver in order to earn Engagement Fees and leverage

 

You are right Phil, Having watched the soap Opera Saints took the leading roll in, :D Ground Hog Day sort of springs to mind. And one thing you should be miles in front of us is Spotting F***kin T Kickers:-x

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Posted on PompeyonLine

 

Hi all,

 

OK, first things first, to clear up any confusion, Andrew Andronikou did, apparently, know of the meeting. It was just a matter of everyone being careful and not giving information out which didn't need to be out there (ie. a meeting with the fans).

 

Saying that, we got to the meeting and, as I said, were surprised to see a bevvy of media there, cameras and reporters in abundance (including the black guy from Sky Sports News...not Mike Wedderburn). Would like to know who tipped them off (I have my suspicions).

 

Anyway, before the meeting started, all the national media were asked to leave as this meeting was just for local media and the fans. Sky weren't too happy but they were told, no, out you go.

 

Anyway, to the meeting. Rob Lloyd was sat at the front, flanked by Lester Jackson and Brian Ross, with Mark Mudie sat to the side.

 

Rob started out by putting forward his view. He wanted things to be opemn and frank, he would answer anything where he could and didn't want to hide anything.

 

He sees passion in the city and the fans, and realises that the fans and the club have been treated abysmally over recent times, so we need to get the confidence back. The way forward is to stabilise the club, which needs solid foundations built and look at strategies going forward to develop the club. The management structure of the club will be looked at but, most of all, the club is about community, and the fans have been left out. He said there is backing, and the next step is 14 days of factfinding. He admitted quite openly he is a Liverpool fan, but is not a regular attendee at games, and will be at the game tomorrow but 'as a Blue'.

 

It was then opened to questions, and the first one was why should we believe, we've heard things like this before. You're an 'outsider', so why should we have confidence?

 

Rob understood this view, it was understandable, and this concern could be pointed at any local businessmen as well. He sees a big opportunity at the club. We wants to be open with everyone from the start, as that is the only way this will work. The fans will get straight answers, and it's time to start building bridges.

 

It was then asked if anybody from previous regimes were involved (obviously alluding to the likes of Chainrai and Storrie). Rob assured us no, the club had to start on a clean slate, a new framework.

 

He added that it was too early to make concrete promises of how the club would evolve, the aim is to get people onside of what they want to do, look at the club and stablise it and take it from there.

 

Comment was put to Rob that things have to be open, fans were sick of the club being tainted. Rob agreed, fans need to know who they are dealing with. It is important that fans and businesses are part of the club and have the opportunity to invest in it. The club needs to be stable going forward.

 

Question was asked, is this a long term ownership and investment. Rob answered yes it is, the club has to build from its own means. It is not a short term fix and there are many problems to resolve. He sees two to three years of stabilisation then look at development from there. The club needs to get it's marketing and sponsorship operations sorted, basically get the club sustainable.

 

Then the question was asked, can you give details of the consortium you are fronting (he had mentioned the backers a couple of times so far).

The main backer is an individual substantial private investor (money made in property), who has been based in this country for some time. He is a private individual, and the name can't be put out there at the moment because of NDA. However, he sees no reason why that won't change once the takeover is finalised, and this person would not have any problem with the FAPPT.

The second backers are the New York Hedge Fund.

 

The meeting then went more conversational, with points being made and wider discussion taking place. Points from the floor were that there had been a lack of communication from the club towards fans (Rob said that there is a very wide audience the club could, and should, bring in from the area, and speak to the multinational companies around to get involved in the club). The point was also put over that a lot of fans don't go now as Fratton Park is just too expensive, we need to get families and children into the club again.

 

Then the question was asked, why Pompey?

Rob said, there is an opportunity there, if the club is run in the right way there is a lot you can do with it. Brian Ross then contributed, saying that they had sold the club to Rob and the backers, it's a fabulous club with two major developments being part of the attraction, these being Fratton Park and Horsea Island (this shows the direction that this consortium are looking to go, development at Horsea with the land at Fratton being redeveloped into supermarket/business/properties).

 

Rob continued, we need to look at it as a long term project, speak to local authorities, and making sure that things like the stadium pay for themselves. Time is needed to establish the exact situation and take things from there. The club just hasn't been marketed properly and to it's full potential.

 

Rob stated that the investor wants the club first, with the land being secondary. It was stated though (just in case anybody is wondering) that the stadium and land will be all part of the one deal.

 

It was asked whether there was the opportunity for local people at board level. Rob mentioned Lester and Brian next to him and replied that we all need to get on the same level, get good interaction going (so, this looks like it is being looked at).

 

It was stated that it was vital the new owners worked with the Trust, and that was agreed, Rob said he was a great believer that fans should have a percentage of the club if possible (my opinion as well is that all fan groups should be worked with here, not just the Trust).

 

Rob repeated, we need to stablise the club first and then look to see how it can begin generating it's own money and become self sustaining.

 

Rob finished by saying he will be staying and leading the consortium throughout things, even after the takeover. They are very much the lead runner and have got a very good chance of securing the club, he feels the percentage chance is high and there is a lot of work to do in the next fortnight.

 

My overall view, he came over really well and answered questions honestly and realistically. He said it was useless to promise things now, we had to take baby steps and get the club moving forward.

 

Have I got confidence in him? Yes, I do, I liked what I heard and everything he said was very realistic, no unrealistic promises and acknowledging that it would be a long term haul, but the view of what they want to do with the club is one I share. Get it stablised and being able to sustain itself in time. Once the next fortnight is out of the way they'll obviously have a better idea of where things stand, and hopefully things can move quickly.

 

Basically, I definitely think we have reason for hope. These guys seem very realistic and know what is required, and we have Pompey people involved in this deal so, as Rob said, let's be optimistic

 

Hmm Deja Vu again.

 

OK he talks the talk much better obviously, but is there anything in that which is not a rehash of the LLS/Tony Lynham press statements when we were in admin? High net worth backers? Hmmm.

 

Clearly the club is now a property speculation deal, (it's amazing what a Happy local Council will approve if you talk about The Club & Community)

 

But if I was a Few fan there is one really important bit of research to start doing.

 

The Numbers.

 

How much is NottArf and it's surroundings WORTH in a property deal? What PROFIT can they make? Hedge Funds don't do charity, they do profits.

 

Then to see if this is going to work ask whether Gaydamark & Chanrai know this figure. Because if they do then picking up a dead Club and selling for redevelopment themselves is potentially worth much more to them than a few pence in the pound.

 

Good luck to them but it won't be about the promises, personality or the club's opportunity it will be down to the Maths.

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I can't help feel this Lloyd contigent has appeared at a convenient eve of court moment. Has £3million been deposited, If so why dosent Mr Astrilogicalfees know about it. Why has he met the fans but not the admin. How can the BBC broadcast "that a considerable non refundable deposit has been lodged" Is there a court haring other than Sol Campbell today or not?

I get "journalistic twitches" and this has wrong written all over it

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You are right Phil, Having watched the soap Opera Saints took the leading roll in, :D Ground Hog Day sort of springs to mind. And one thing you should be miles in front of us is Spotting F***kin T Kickers:-x

 

And, to be fair, it took about five minutes on here for him to be outed as a tyre-kicker. You boys just need to get your eye in.

In fact, we should offer our consultancy services to Mr Android. Just send us details of any prospective buyers and for £10k we will put them through the SWF T-K test, a much more thorough and efficient test than FPP.

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I guess some fans, like you and I, feel the Rivalry when it doesn't go our way and others are able to create some kind of detatchment from it when it suits them. I'm gonna have to get to grips with that as it seems a very useful gift in any football fans armoury. FWIW I thought you did play well, I was impressed and very nervous until the second Pompey goal went in. As the Derbies will now be a future fixture, you'll have your chance to avange the flattering Pompey scoreline. :)

 

And the next time, it will be on a more level playing field. It might even be at a time when we are two divisions above you, but then I'd expect that you would dismiss it as being insignificant for exactly that reason.:rolleyes:

 

Mind you, there are actually two different areas where I derive interest in the rivalry between the two clubs; one in in the individual derby matches, infrequent as they have been over the years. The other is the state of the clubs as entities and the comparison between their positions relative to each other.

 

Of course, on that basis, although you were above us in terms of your league position, even when we were run by Lowe we knew that our debt problems were a minor blip compared with yours. We went into administration for the sake of a few thousand pounds, whereas you lot never do things by halves and wanted to do it in grand style and indeed you have the dubious distinction of being the first ever Premiership club to go into administration. Well done.

 

I suspect that many others share my feelings over this and therefore tempered their disappointment at the loss on the pitch against their pleasure that on the actual state of the two clubs, they were massively grateful that we weren't in such a parlous financial state as you lot.

 

Things are really quite dull here, with only the considerations as to whether we will massively improve our training facilities (what a shame you don't have your own) or whether to expand the existing stadium or re-locate.

 

The comedy value at your end of the M27 must make life much more entertaining than boring old us.

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From the beeb link on the other page, the date in court is tomorrow.

 

As you say Phil, it's the maths that count and we see yet another property developer involved.

 

There are so many ifs, buts and maybes with Chainrai and Gaydamak involved (holding club and land respectively) and the amount of debt to stablise (pay-off or points deduction) even after the £30m purchase price. I suppose because of all that, only chancers will ever consider getting involved.

 

Also, do the skates own this land at Horsea?

Edited by Doctoroncall
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Big expansion plans on land owned by others is standard practice down that way so Horsea Island is a goer, just like the harbour was.

 

I spy someone who wants to watch a few weeks of football for free and soak up a bit of hero worship for a damaged ego - what next? Replica shirt, white suit? - old ground revisited.

 

Why approach the fans before the administrator?

Why promise fan involvement with the plans for of a new supermarket tucked under your arm?

At least those people-friendly hedge fund folk will keep the community feel to the place, they are all heart.

 

The bunch may well be serious buyers, but if this is an indication of how they do things the comedy is set to continue.

 

Re tyrekickers, I did suggest about 100/200 pages ago that we could hire ourselves out for football admin advice, it's a boom market and we were in early!

Hull, West Ham - give us a call.

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And the next time, it will be on a more level playing field. It might even be at a time when we are two divisions above you, but then I'd expect that you would dismiss it as being insignificant for exactly that reason.:rolleyes:

 

Mind you, there are actually two different areas where I derive interest in the rivalry between the two clubs; one in in the individual derby matches, infrequent as they have been over the years. The other is the state of the clubs as entities and the comparison between their positions relative to each other.

 

Of course, on that basis, although you were above us in terms of your league position, even when we were run by Lowe we knew that our debt problems were a minor blip compared with yours. We went into administration for the sake of a few thousand pounds, whereas you lot never do things by halves and wanted to do it in grand style and indeed you have the dubious distinction of being the first ever Premiership club to go into administration. Well done.

 

I suspect that many others share my feelings over this and therefore tempered their disappointment at the loss on the pitch against their pleasure that on the actual state of the two clubs, they were massively grateful that we weren't in such a parlous financial state as you lot.

 

Things are really quite dull here, with only the considerations as to whether we will massively improve our training facilities (what a shame you don't have your own) or whether to expand the existing stadium or re-locate.

 

The comedy value at your end of the M27 must make life much more entertaining than boring old us.

 

Aren`t there some old plans for an illuminated giant bedpan going spare somewhere?? Perhaps we could have those and adapt them. Seems a shame to waste them and the money that was spent getting them drawn up!

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Holy G*d! I thought with the HMRC effectively dropping the case there would only be a few posts to tral through not several hundred more pages!

 

Right ho, a court case today - I take it nothing of any real interest can come from this and it will be a quick 5 minute job is that correct or is there hope for slapped wrists and more trouble?

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Heard Mr Lloyd on Solent this morning, interviewed by Cleggy.

 

Now, Cleggy isn't Paxman so he did get an easy ride. However one question needs asking, which the blue few didn't.

 

Cleggy fell into the 'wonderful support' bollix as usual. Yep, all 18k of them Julian.

 

If his 'guy' came to him looking for an investment....

 

Why not Crystal Palace?

Why not Newcastle?

Why not Hull?

 

What makes Pompey such a catch? Nothing.

 

So, his investor thinks he would look to put in almost 3 times the amount that it took for Markus to buy us.

 

And then 'stabilise' the club.

And then build a new stadium.

 

ON 18,000 FANS AT BEST - THE MATHS DO NOT ADD UP.

 

Poopey fans should do their homework on what happened to Brighton after the Goldstone was sold....it could be their future.

 

My money's on (if the guy mentioned earlier is the investor) - this is another Gaydamak 'friend'....and so the circus continues.

 

Wouldn't count your chickens yet Blue Few..you might find a ****erel rogering you over your shoulder.

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Holy G*d! I thought with the HMRC effectively dropping the case there would only be a few posts to tral through not several hundred more pages!

 

Right ho, a court case today - I take it nothing of any real interest can come from this and it will be a quick 5 minute job is that correct or is there hope for slapped wrists and more trouble?

I doubt its 5 min... its 2pm and no cases following it
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Why is Sol Campbell in court? Surely they are protected by administration?

Is Sol challanging the right to be in administration?

There is a blip on the radar... Am I the only one who can see it? Is it a fly or an iceberg?

 

I think this case is simply to ascertain whether or not he is owed the money he claims to be owed. If he is, he joins the list of unsecured creditors. If not, he doesn't. Nothing more or less to it than that.

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Poopey fans should do their homework on what happened to Brighton after the Goldstone was sold....it could be their future.

 

That is a very interesting thought. Where would they play - the police would be unlikely to let them play at SMS even if Markus & Nicola allow it, Brighton's new ground would be the obvious choice but its not ready yet, Reading already have London Irish as tenants - Crystal Palace could do with the money!! They might have to trek all the way to London to play their home games.

 

Edit - All of this assumes they are a CCC club next season with their massive support

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I think this case is simply to ascertain whether or not he is owed the money he claims to be owed. If he is, he joins the list of unsecured creditors. If not, he doesn't. Nothing more or less to it than that.

He'll be on the 'football creditors' list, but other than that, sounds about right.

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It is the Campbell case before MASTER EYRE so I think it may simply be a case conference (what used to be called a directions hearing).

If Sol Campbell hadn't tried to save a few bob in tax by getting half his salary paid into a tax haven as image rights, he'd be at the head of the creditors queue, instead of at the back with HMRC.

 

Serves him right, the money grabbing, tax dodger...

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That is a very interesting thought. Where would they play - the police would be unlikely to let them play at SMS even if Markus & Nicola allow it, Brighton's new ground would be the obvious choice but its not ready yet, Reading already have London Irish as tenants - Crystal Palace could do with the money!! They might have to trek all the way to London to play their home games.

 

Edit - All of this assumes they are a CCC club with their massive support

 

But they would blend in OK with their Mockney Accents.

 

Havant & Waterlooville is probably more apt, or even Eastleigh ... :p

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Just another thought.

 

Interesting that Mr Lloyd goes public the same weekend the press catch up with Storrie isn't it?????

 

Funny how he looks like Mikey Wilde too...

 

http://www.portsmouth.co.uk/frattonlatest/Lloyd-Believe-me--I.6151840.jp

 

How many times did he say believe me, I won't lie to the fans - an honest person doesn't need to tell you that they're going to tell the truth.

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Am I being overly cynical, but doesn't it seem strange that all these big investors crawl out of the woodwork just before a court case? And then after the court case, they disappear as if by magic?

 

I am thinking along the same lines as you, something Fishy going on again

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Remember this guy?

 

?type=display

 

He went on Sky Sports News last summer claiming to buy Saints. Had Matthew Le Tissier connected with the bid and meetings at the training ground. In reality didn't have a pot to **** in and seemed to just love publicity.

 

No one goes on "Secret Millionaire" for anything other than a - "look at me I'm rich, want to be famous and look how generous I am!" moment.

 

The comparision between Lloyd and Fialka are striking in some ways. Fialka also claimed to be the frontman for some big backers. It ended up delaying Liebherr taking over for quite a few weeks and most of pre season was gone. Leaving Pardew with hardly anytime to prepare his squad and a key reason why the team had such a poor start.

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I think people should remember that Fry had 19 "interested" parties for Southampton Leisure plc. That for a company that has a decent 32,000 seater stadium, owed nothing to HMRC and despite a ten point deduction, had no prospect of a Luton type future points deduction.

 

Even then, he struggled to get £13M and that included paying off all the debt.

 

IMO, it'll be a miracle if anything north of £10M is obtained for PFC and that includes the ground and the debt...

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this could be the day when their solicitor has a sudden mental breakdown in court after months of guilt and blurts out everything he suspects about laundering, theft, fraud, and irregularities...

 

On the other hand it might be quite boring.

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