Pompey Takeover Saga

[Corporate Ho]

I just wish more people on this board kept up with the goings on at Pompey like you did. On the ball? I think this demonstrates how spot on Pompey fans like you were:

 

Clueless doesn't come close to describing you.

 

PMSL. Hindsight's a great thing. You've had a major hard on for me ever since I showed you up on here for posting on a Pompey board, posing as a Pompey fan and denying you were a scummer. You constantly give it the large one with your impeccable business acumen that never seems to come off quite as you predict. Even your own fans on the main board think you're a pompous know-****-all.

 

FWIW, the quote you posted from me was based on the media reporting that Fahim was looking to sell the club on to wealthy new investors. Your fans on here were extremely ****ed off at the prospect and were cursing our luck at finding new backers. My comments on being debt free and trimming the wage bill were again based on media reports about how that was what had/ was about to happen. Of course Gormless Missive must have posted how the whole thing was a scam for Chainrai to take control of the club by faking a loan to Faraj's company, leeching it away to a company in the BVI so that it could be routed straight back to Chainrai via the same loose banking system. You did write all that at the time, didn't you?

 

For those of you who haven't seen it, here's Gormless's post on POL. Does it sound eerily similar to his rants on here? Did what he predicted would happen in court actually occur? Or was he proved to be rather "clueless"? Plus denying you're a "scummer"? Wash your mouth out with soap Mr Missive.

 

I don't think he's smarter than me, as I didn't loan the club £17M and risk losing it all. The danger is that the court will probably rule that any asset transfer of Fratton Park to Chanrai is invalid as it occured after the winding up petition was served. In the absence of South African gold, the court will liquidate the club, the liquidator selling the assets to the highest bidder.

 

Chanrai will get the square root of f*** all, which serves him right for trying to cheat the UK taxpayer out of revenue to pay for our hospitals, schools, etc.

 

Oh and I'm not a scummer, BTW...

 

http://www.pompeyonline.com/forums/showthread.php?t=55949&page=2

 

So Gorm, according to you the result of the hearing would be that the court would liquidate us and Chainrai would get nothing. My God, how do you do it? You're a business genius. ROTFPMSL

 

Topline answer to the three questions posed.

 

Football Players and Football Agents, Redknapp, Storrie.

 

Redknapp and Storrie's contacts, the "how" is anyone's guess and would make you weep I'm sure.

 

Because Storrie was the chief exec.

 

 

The owners ins/outs is one thing, but the answer to the question who has actually made any money is pretty clear. Footballers and their agents.

 

You seem to be forgetting Chainrai who for no outlay has gained secured creditor status, already trousered £4m and is set to get at least another £14m. That's if Admin Andy doesn't manage to obstruct any potential bidders so Chainrai can carry on as our "saviour" and pocket the next three or four years parachute payments too.

[Tac-tics]

Corp, have you ever thought about cancelling your membership?

[Whitey Grandad]

Corp, have you ever thought about cancelling your membership?

Oh please don't! It's worth £5 for the entertainment value alone.

[Guided Missile]

PMSL. Hindsight's a great thing. You've had a major hard on for me ever since I showed you up on here for posting on a Pompey board, posing as a Pompey fan and denying you were a scummer. You constantly give it the large one with your impeccable business acumen that never seems to come off quite as you predict.

 

Here's a thread I posted earlier. Read it and learn, grasshopper.

 

When the bubble bursts...

....we are in a better position than many think, to survive.

The pain we have gone through will be ten times worse for the "bigger" clubs over the coming months. It will happen soon and the pigs who have been at the Sky Sports trough will find that it will soon be empty. The balance sheets of these mercenary armies(or their banks) will soon be found to be nothing more than a mirage of creative accounting, that the Premier League have ignored for too long. Ashley has lost over £300M on HBOS shares, allegedly. A firesale of Newcastle is on the cards and relegation is not out of the question. If we found it hard, how will they cope? Even Man U, Liverpool and Arsenal are not immune to the firestorm engulfing the world's economy. Massive debts built on the assumption that there is an inifinite apetite for overpaid foreigners kicking a ball around at a strange time on the weekend (ie not 3:00pm on a Saturday) are going to be unsustainable and with many of the property assets (£10M for Fratton Park, anyone???) underpinning the balance sheets, a slight nudge that propelled some of the biggest financial institutions into oblivion, will be all it takes.

Live with the pain at Southampton Football Club, turn up to as many of the games as possible, because soon, our model of sustainable football covered by income from the pockets of the real fans will be the daily diet of many of the clubs in the Premiership.

As they sink, we will rise again, on the back of a vision of the economic reality that so many people are having to face in the financial community, but few inside football can see. Just be glad we are facing up to it now. Those in denial, not a few miles down the M27 will soon be jolted into a world of pain, along with a few others and their journey will go downhill far more rapidly than ours.....

[Tac-tics]

I love you GM

[Colinjb]

I love Guided Missle! He hunts you down using months old posts to destroy your argument. Poor Corporate Ho

 

During the pro/anti Lowe days he could be annoying, but his conviction in opinion had to be respected, and now we are all united.... it's bearing fruit!

 

Keep it up sir.....

[chrisobee]

I love Guided Missle! He hunts you down using months old posts to destroy your argument. Poor Corporate Ho

 

Sheer genius it has to be said

[St Marco]

"The 70 Page Warning" by the times, pretty decent write up, very damning of them.

http://www.timesonline.co.uk/tol/sport/football/premier_league/portsmouth/article7104316.ece

 

I think a good point is what would of happened if HMRC did not say "it's time to pay us"?

The people running the club would of no doubt continued to make more money for themselves in the clubs name.

 

The fans themself are not blameless. Nobody should feel sorry for them. The reality is they did not care. When things are going okay you don't feel the pain of the situation. It is only when it goes wrong that you do. Soon as they lose the final, drop to the CCC, lose their players and get hit with the most likely -15 then play garbage week after week etc.. That is when the fans will see the reality of their current situation.

The fans have not even begun to see the fall from grace. It will be interesting to see what their attendances will be like at that point.

[Kingsbridge Saint]

BBC blog:http://www.bbc.co.uk/blogs/davidbond/2010/04/buried_in_the_midst_of.html

 

Read the comments underneath ( Come on, own up - look at post #12, who on here is 'spiritualwolf' ? ) :-)

 

Bond has his summary wrong of course. He states that 108.79% of Revenues are taken up by salaries and overheads. If you look at the document it is clear that the 108.79% is salaries and payroll taxes only. The overheads are on top. So the situation is worse than he suggests.

[alehouseboys]

What odds Spurs to win the FA Cup ?

 

So...Us, Spurs, Brum, Sunderland, Cov and whoever else, all into the hat, whoever gets pulled out play Chelski at Wembley next month...oh, and compensation

 

CHEATS. Official.

[Johnny Bognor]

I love Guided Missle! He hunts you down using months old posts to destroy your argument. Poor Corporate Ho

 

Indeed, Corp Ho's attacks on GM are akin to being savaged by a dead sheep.

 

Keep up the good work GM!

[positivepete]

http://www.guardian.co.uk/football/blog/2010/apr/22/portsmouth-football-creditors-money-millionaire

 

David Conn continues he quest to spell it out for the rest

[1576]

Indeed, Corp Ho's attacks on GM are akin to being savaged by a dead sheep.

 

Keep up the good work GM!

 

Get back to work!!

[Thedelldays]

Haha spurs have made a statement saying they want the million quid for begovic

 

Pompey are finished

[100%Red&White]

And Mick Dennis gave them a bit of a grilling on SSN in this morning's 'Paper Review'. Highlighted how they owed big money to schools down there in Cowplain and also KES in Southampton blowing their budgets right out the window depriving pupils of vital books, etc., not forgetting the numerous other small business'.

 

Dirty cheating *****.

 

[standy]

Someone should report this 'crime' to the police then? Won't they be duty bound to investigate?

 

Indeed, we will all be accessories to the 'crime' if we don't report it as it's against the law not to report a crime, isn't it?

 

I served as a Detective Constable on the Fraud Squad in Hampshire until recently when I retired. In 2006 I visited FP and had meeting with club lawyer and finance man re the £50m invested by Gaydamak. The Constabulary were not interested in looking into the matter and when Gaydamak sent in a letter from a Russian Bank to say that he had taken out a loan from them to buy the club, they accepted it on face value. There was a strong suspicion that the money had come from his father via Angola but there was no obvious proof. The Bank was also part owned by Gaydamak and the whole affair had an unpleasant smell about it. It would have been hard to disprove the letter as getting evidence from Russia is not a quick or easy matter.

 

I would be very interested to see what would happen if any referral is made to the police, I do not believe that Hampshire has the capability to investigate it as they broke up the Fraud Squad. Due to the size of the debt,no doubt the investigation would involve the Serious Fraud Squad but this would, from past experience, draw out the investigation especially with a number of off shore bank accounts to be investigated. This may give the FL an opportunity to bury its head in the sand and say 'Well leave it to the police' instead of taking some immediate action.

 

My money is still on HMRC who seem to be playing the waiting game. THe SOA has been accepted by the Court and the Judge made the decision not to wind them up, based on that document. She will be rasther upset if she thinks she has been duped and I believe that the SOA will rear its head to bite Pompey on the b*m in due course.

[Gorgiesaint]

http://www.guardian.co.uk/football/blog/2010/apr/22/portsmouth-football-creditors-money-millionaire

 

David Conn continues he quest to spell it out for the rest

 

Looks like its been pulled for now.

 

Edit: Slightly different link

http://www.guardian.co.uk/football/blog/2010/apr/22/portsmouth-football-creditors-money-millionaires

Edited 22 April, 2010 by Gorgiesaint
Updated Link

[Kingsbridge Saint]

Massive breaking news out here in Australia that is relevant to Pompey's cheating. Melbourne Storm found guilty of breaching the NRL salary cap by £1M over 5 years. Compare that to Pompeys £120M deficit. The Storms punishment? Stripped of 2 Premierships, lost all points won this season and any points won for the rest of the season and a huge fine. Pompey should be stripped of their FA Cup, excluded from the final and relegated to League 1 as a minimum based on that.

[badgerx16]

Looks like its been pulled for now.

Try this...

http://www.guardian.co.uk/football/blog/2010/apr/22/portsmouth-football-creditors-money-millionaires

[Gemmel]

I served as a Detective Constable on the Fraud Squad in Hampshire until recently when I retired. In 2006 I visited FP and had meeting with club lawyer and finance man re the £50m invested by Gaydamak. The Constabulary were not interested in looking into the matter and when Gaydamak sent in a letter from a Russian Bank to say that he had taken out a loan from them to buy the club, they accepted it on face value. There was a strong suspicion that the money had come from his father via Angola but there was no obvious proof. The Bank was also part owned by Gaydamak and the whole affair had an unpleasant smell about it. It would have been hard to disprove the letter as getting evidence from Russia is not a quick or easy matter.

 

I would be very interested to see what would happen if any referral is made to the police, I do not believe that Hampshire has the capability to investigate it as they broke up the Fraud Squad. Due to the size of the debt,no doubt the investigation would involve the Serious Fraud Squad but this would, from past experience, draw out the investigation especially with a number of off shore bank accounts to be investigated. This may give the FL an opportunity to bury its head in the sand and say 'Well leave it to the police' instead of taking some immediate action.

 

My money is still on HMRC who seem to be playing the waiting game. THe SOA has been accepted by the Court and the Judge made the decision not to wind them up, based on that document. She will be rasther upset if she thinks she has been duped and I believe that the SOA will rear its head to bite Pompey on the b*m in due course.

 

You've got to love this board, over and above us peasants, we have Saints fans, serving in the fraud squad, investigating our closest rivals and posting on the forum - Welcome Standy

[rallyboy]

you have to give it to GM on that one, nicely done.

 

At last the rest of football has caught up with us, yesterday was a breathrough in outing the criminality and cheating down the road.

 

Did anyone hear the Danny Kelly comment about 36-37,000 Pompey fans trying to get into Fratton every game?

Some education still needed there.

 

As for Hearn, Collymore and Talksport - normally we wouldn't give any of you the time of day but this morning I salute you, along with SSN who accused AA of irregularities in his documents - welcome to our world.

 

And if as AA says he hasn't needed to borrow from Chanrai, what is he using to run the club? Shirt buttons or advanced parachute payments?

[Gingeletiss]

I served as a Detective Constable on the Fraud Squad in Hampshire until recently when I retired. In 2006 I visited FP and had meeting with club lawyer and finance man re the £50m invested by Gaydamak. The Constabulary were not interested in looking into the matter and when Gaydamak sent in a letter from a Russian Bank to say that he had taken out a loan from them to buy the club, they accepted it on face value. There was a strong suspicion that the money had come from his father via Angola but there was no obvious proof. The Bank was also part owned by Gaydamak and the whole affair had an unpleasant smell about it. It would have been hard to disprove the letter as getting evidence from Russia is not a quick or easy matter.

 

I would be very interested to see what would happen if any referral is made to the police, I do not believe that Hampshire has the capability to investigate it as they broke up the Fraud Squad. Due to the size of the debt,no doubt the investigation would involve the Serious Fraud Squad but this would, from past experience, draw out the investigation especially with a number of off shore bank accounts to be investigated. This may give the FL an opportunity to bury its head in the sand and say 'Well leave it to the police' instead of taking some immediate action.

 

My money is still on HMRC who seem to be playing the waiting game. THe SOA has been accepted by the Court and the Judge made the decision not to wind them up, based on that document. She will be rasther upset if she thinks she has been duped and I believe that the SOA will rear its head to bite Pompey on the b*m in due course.

 

 

Good read. Like you, I believe that the original S of A will come back into play. We are only a few now;), but I aim to convert the fallen;)

[Gorgiesaint]

My money is still on HMRC who seem to be playing the waiting game. THe SOA has been accepted by the Court and the Judge made the decision not to wind them up, based on that document. She will be rasther upset if she thinks she has been duped and I believe that the SOA will rear its head to bite Pompey on the b*m in due course.

 

Standy, in your opinion, what would it take for the Vantis SOA to be raised in court again - does it take the HMRC to go back to the high court? or can the judge bring the case back if she feels she has been duped?

[OldNick]

To answer your question, I have no idea what the new guy is doing or why he's come to the club or who's paying him.

 

I saw a post a few days back criticising the Pompey fans who met with Andronikou for meekly accepting his answers. The truth is that it was decided before they went not to challlenge his replies because they'd been warned he'd walk out if anyone did that. They decided to just ask the questions and note the answers and then put them out in the public domain plus feed them on to some journalists that a couple of the guys have developed contacts with and hope they could prompt some investigations into his inconsistensies. As some have noted on here, our debt seems to swing wildly anywhere beyween £70m and £120m. And this guy's a senior administrator and accountant? We all know he's bent, the Sunday Times article merely put into words what most Pompey fans thought when he was appointed - that he's Chainrai's ***** and is there merely to get whatever money he can for his master.

 

I actually like Collymore and think he's pretty intelligent. But whilst I can understand people reading this report and having a knee jerk reaction no-one seems to be asking the questions that should be asked. In all this mess, who is it who's actually making money out of it? How and why did they come to the club? And how was it allowed to happen.

 

Has it been noted elsewhere that we somehow owe Spurs £1m for a player that never played for them. Come on SFO, if that's not an invitation to investigate what's going on I don't know what is

Ho we have had our momnets, but today I give you some respect as you at least have the b#### to turn up and give us your thoughts. If only you could be as 'normal' at other times

 

Although since reading the posts below this one and GM's posts, he has a good point and made me Lol as I recall you arguing that Pompeys debts had been wiped as you had sold all the players for massive amounts.

At least you still showed up I'll give you that

Edited 22 April, 2010 by OldNick

[scott_saints]

Are they going to be toast then?

[JonnyLove]

http://www.thesun.co.uk/sol/homepage/sport/football/2942554/Spurs-caught-in-1m-probe.html

 

I liked the bit "I have forensic abilities to find out what this is about and plan to utilise them."

 

I Lol'd

[OldNick]

if Talksport got their way and Pompey were indeed thrown out of the league pre the play offs. Would that mean finishing 7th would be a playoff position. That would be a mouthwatering thought. If so id be happy if saints waived the 35k Lol

[Thedelldays]

Are they going to be toast then?

I really think so.....

it is no longer "poor old pompey fighting against the odds"

 

when you rip off chairties, schools, emergency services, small local busniesses. ALL KNOWINGLY DOING SO people get peed off

 

the pressure will mount and mount for the FL or anyone to come down on them like hell on earth to make an example

 

I bloody hope so..

[OldNick]

I really think so.....

it is no longer "poor old pompey fighting against the odds"

 

when you rip off chairties, schools, emergency services, small local busniesses. ALL KNOWINGLY DOING SO people get peed off

 

the pressure will mount and mount for the FL or anyone to come down on them like hell on earth to make an example

 

I bloody hope so..

Today after the media has turned somewhat I feel more inclined to agree.

[Nellie]

You seem to be forgetting Chainrai who for no outlay has gained secured creditor status, already trousered £4m and is set to get at least another £14m. That's if Admin Andy doesn't manage to obstruct any potential bidders so Chainrai can carry on as our "saviour" and pocket the next three or four years parachute payments too.

Er, no. He can only pocket the next two years payments, as that's all you will get (2x£16M). And that's assuming that those payments haven't been borrowed against/advanced.

[Thedelldays]

Today after the media has turned somewhat I feel more inclined to agree.

im still raging at the FA Cup game

 

I was there and saw saints hammer them for 60 mins..

only for a player not even registered to come on and score and the MoM should not have even been there...

 

no one cared then....oh well, at least they do now

 

I hate these skates phoning in saying they should not be punished (as fans)...well, why did they not do anything 1 year or 2 years ago..?

like man U and liverpool fans now

 

NO, they were happy to lord it over everyone in the south and claim they were getting maradona to the club etc

 

 

they deserve everything they get and more...ALL OF THEM

[Crab Lungs]

im still raging at the FA Cup game

 

I was there and saw saints hammer them for 60 mins..

only for a player not even registered to come on and score and the MoM should not have even been there...

 

no one cared then....oh well, at least they do now

 

I hate these skates phoning in saying they should not be punished (as fans)...well, why did they not do anything 1 year or 2 years ago..?

like man U and liverpool fans now

NO, they were happy to lord it over everyone in the south and claim they were getting maradona to the club etc

 

 

they deserve everything they get and more...ALL OF THEM

 

Bang on the money, TDD

[West End Saint]

Who in there right mind is going to buy them ?

 

I thought we were an attractive club to buy and it went to the wire luckily it turned out for the best, but what have Pompey got to offer ?

 

I can see them going into next season with more points deductions and we all know how competative the CCC is they may well struggle.

 

What date do they have to find a buyer by before there a more points deductions etc ?

[krissyboy31]

Massive breaking news out here in Australia that is relevant to Pompey's cheating. Melbourne Storm found guilty of breaching the NRL salary cap by £1M over 5 years. Compare that to Pompeys £120M deficit. The Storms punishment? Stripped of 2 Premierships, lost all points won this season and any points won for the rest of the season and a huge fine. Pompey should be stripped of their FA Cup, excluded from the final and relegated to League 1 as a minimum based on that.

 

Other countries take cheating in the sports arena very seriously, take Juventus (probably Italy's biggest team) relegation two divisions. We seem to just pussy-foot abound, talk about sanctions and sweep it all under the carpet.

 

It is time that the FA started to impose similar sanctions here and thi isn't an anti-P*mpey thing. This is to preserve the integrity of the competition. I was personally amazed the amount of support Collymore got last night from people from Blackpool (for example) for his proposal of expulsion.

[Thedelldays]

Other countries take cheating in the sports arena very seriously, take Juventus (probably Italy's biggest team) relegation two divisions. We seem to just pussy-foot abound, talk about sanctions and sweep it all under the carpet.

 

It is time that the FA started to impose similar sanctions here and thi isn't an anti-P*mpey thing. This is to preserve the integrity of the competition. I was personally amazed the amount of support Collymore got last night from people from Blackpool (for example) for his proposal of expulsion.

 

no bloody wonder platini and co have a dislike for our football set up...and now, I cant blame him

[St Jim]

they deserve a lot more.

 

Here in Oz, a rugby league team (Melbourne Storm) has cheated by paying players outside of their salary cap rules to ensure they play for them, extra payments something in the region of $1.7m over 5 years. They are currently one of the top teams, have won the world club champion and have won 2 titles in the last 4 years.

 

I see this kind of cheating similar to P****y who have cheated by paying players extra, over an above their means, to ensure they sign and play for them to bring glory to the club.

 

Unfortunately this is where the similarities end.

 

Melbourne Storm have been found guilty of this and the NRL (National Rugby League) has stripped them of the two titles, fine them $500k, ordered them return $1.1m of prize money won, stripped them of any points won so far and they will not be able to accrue any points going forward this season.

 

At least the governing body in this case has balls!!! FA & PL take note!

[StuRomseySaint]

So in very simple terms. Anyone who buys the club will need...

 

- A minimum of about £40m just to get their hands on the club.

- Another £10m or so to get the land around Fratton to allow redevelopment.

- About £30m to redevelop Fratton MINIMUM

- Another £10m for a new training ground.

 

In return they will get a club with no training ground, limited fanbase, a shed of a ground, in the Championship on -? points...

 

Wow... I bet the businessmen and investors are fighting to be at the front of the queue for that.

[Barry the Badger]

I know somebody who features on the list as being owed around 50k.

 

They have not been owed it since Early March.

 

Something fishy going on.

[Channon's Sideburns]

So in very simple terms. Anyone who buys the club will need...

 

- A minimum of about £40m just to get their hands on the club.

- Another £10m or so to get the land around Fratton to allow redevelopment.

- About £30m to redevelop Fratton MINIMUM

- Another £10m for a new training ground.

 

In return they will get a club with no training ground, limited fanbase, a shed of a ground, in the Championship on -? points...

 

Wow... I bet the businessmen and investors are fighting to be at the front of the queue for that.

 

I reckon that's a top pitch for the Dragons Den you know.

 

Can't see Theo going for it to be honest. :-D

 

Loved the Talksport session last night - the riposte from a Pompey fan to the text about them cheating twice...was priceless.

 

'Oh we only cheated the once, we haven't this time' - followed by another text from (presumably TSF) stating the January escapades over the Transfer Embargo..bringing in more players when they were only supposed to sell.

 

Fine evening's entertainment. Not to gloat over the predicament of Pompey's genuine fans (and hats off to Corpy BTW for his latest honest posts), but to know that all our ramblings have not been for nothing.

 

THE MEDIA NOW GET IT.

 

Spurs now saying Begovic's £1M is compensation for the failure of the transfer, not a sell-on.

 

hahahahahahahahahahaha

[Gorgiesaint]

Other countries take cheating in the sports arena very seriously, take Juventus (probably Italy's biggest team) relegation two divisions. We seem to just pussy-foot abound, talk about sanctions and sweep it all under the carpet.

 

It is time that the FA started to impose similar sanctions here and thi isn't an anti-P*mpey thing. This is to preserve the integrity of the competition. I was personally amazed the amount of support Collymore got last night from people from Blackpool (for example) for his proposal of expulsion.

 

The FA has, since the PL split from it, lost power to the PL as money is everything. Under normal circumstances, now would have been an ideal time for the FA to take a stand and try and regain some power back from the PL - however they themselves are without a Chief Executive, so you have to wonder who is currently is charge. I see this as a great missed opportunity.

 

Still, will be interesting to see the PL's reaction now that the proverbial has hit the fan. How are they feeling about their integrity right now?

[trousers]

I know somebody who features on the list as being owed around 50k.

 

They have not been owed it since Early March.

 

Something fishy going on.

 

news@sky.com

[StuRomseySaint]

I reckon that's a top pitch for the Dragons Den you know.

 

Can't see Theo going for it to be honest. :-D

 

Loved the Talksport session last night - the riposte from a Pompey fan to the text about them cheating twice...was priceless.

 

'Oh we only cheated the once, we haven't this time' - followed by another text from (presumably TSF) stating the January escapades over the Transfer Embargo..bringing in more players when they were only supposed to sell.

 

Fine evening's entertainment. Not to gloat over the predicament of Pompey's genuine fans (and hats off to Corpy BTW for his latest honest posts), but to know that all our ramblings have not been for nothing.

 

THE MEDIA NOW GET IT.

 

Spurs now saying Begovic's £1M is compensation for the failure of the transfer, not a sell-on.

 

hahahahahahahahahahaha

 

I didn't even put in the £20m or so they will need to rebuild the squad to make it competitive in the Championship... or just to give it a hope of overturning the -points.

 

Anyone who buys them is going to be completely stupid... someone with more money than sense would buy Liverpool, Newcastle or a Championship London club... not P*rtsmouth.

[Gemmel]

So in very simple terms. Anyone who buys the club will need...

 

- A minimum of about £40m just to get their hands on the club.

- Another £10m or so to get the land around Fratton to allow redevelopment.

- About £30m to redevelop Fratton MINIMUM

- Another £10m for a new training ground.

 

In return they will get a club with no training ground, limited fanbase, a shed of a ground, in the Championship on -? points...

 

Wow... I bet the businessmen and investors are fighting to be at the front of the queue for that.

 

aa wants the CVA repayments spread over 4 - 5 years (Which means they are fooked squad wise for at least that amount of time) but then there is the (Now) 50 million of parachute payments - WHich im guessing is why lloydd is sniffing around. SPread over a long period of time and with the parachute money, there is a gamble out there somewhere for someone

[krissyboy31]

I didn't even put in the £20m or so they will need to rebuild the squad to make it competitive in the Championship... or just to give it a hope of overturning the -points.

 

Anyone who buys them is going to be completely stupid... someone with more money than sense would buy Liverpool, Newcastle or a Championship London club... not P*rtsmouth.

 

I wonder is the figures on the 'sales pitch brochure' are the same as in this document? AA has already stated that FP has 2 different valuations. As others have noted our friend the Android has previous when it comes to "creative accountancy."

[Barry the Badger]

news@sky.com

 

Would love to but not really my place to do so.

[krissyboy31]

aa wants the CVA repayments spread over 4 - 5 years (Which means they are fooked squad wise for at least that amount of time) but then there is the (Now) 50 million of parachute payments - WHich im guessing is why lloydd is sniffing around. SPread over a long period of time and with the parachute money, there is a gamble out there somewhere for someone

 

But the parachute payments pay the footballing debts and/or go straight into Chanrai's back pocket. Whoever is buying the club (if there is anyone THAT stupid) had better not bank on getting their hands on that money.

[slickmick]

if Talksport got their way and Pompey were indeed thrown out of the league pre the play offs. Would that mean finishing 7th would be a playoff position. That would be a mouthwatering thought. If so id be happy if saints waived the 35k Lol

 

Plus get drawn out of the hat to play Chelsea in the FA cup.

Wembley would become our second home.

[StuRomseySaint]

aa wants the CVA repayments spread over 4 - 5 years (Which means they are fooked squad wise for at least that amount of time) but then there is the (Now) 50 million of parachute payments - WHich im guessing is why lloydd is sniffing around. SPread over a long period of time and with the parachute money, there is a gamble out there somewhere for someone

 

There is no way ( or at least there shouldn't be ) why the Football League and FA will allow a team to come out of administration still carrying debts.

 

I wonder what planet that muggy little c*nt is on sometimes.

 

Next he will be saying he is going to appeal the -9 points and decision not to allow them in the Europa League.......... oh..........

[buctootim]

aa wants the CVA repayments spread over 4 - 5 years (Which means they are fooked squad wise for at least that amount of time) but then there is the (Now) 50 million of parachute payments - WHich im guessing is why lloydd is sniffing around. SPread over a long period of time and with the parachute money, there is a gamble out there somewhere for someone

 

AA wants the CVA payments spread over 4-5 years exactly because he wants to use the parachute payments to pay off creditors. There will be bugger all left for Lloyd get his hands on.

[dubai_phil]

Would love to but not really my place to do so.

 

Correct. But you can always pass the address on to your mate