bridge too far Posted 27 April, 2010 Share Posted 27 April, 2010 Would I be right in thinking Chanrai has said to Comical Andy, that he shouldn't look that hard for a buyer, and when the magical date rolls around, he's gonna offer a certain amount to take them out of admin? Thus, thats the figure Comical is working to, to calculate the CVA? And thus, all his efforts so far (inflating/creating debt to marginalise HMRC's postion) are to make sure that the whole situation gets to the point where Chanrai can make an offer? I was thinking along these lines too. However, AA has a duty to ALL the creditors to get the best deal for all of them. That's what they meet and vote on. If they suspect he's inflating the situation, they will challenge him - surely? Link to comment Share on other sites More sharing options...
Micky Posted 27 April, 2010 Share Posted 27 April, 2010 I respect the stance taken by those such as you who have dug deep into your own pockets to settle these charity debts. Those of you who post on here are generally savvy enough to appreciate the ins and outs of the whole affair and provide decent balanced debate on it. However, I'm sure that you are well aware if you read the Skate forums and the posts to articles in The News, there are a substantial percentage of fans who are total imbeciles, just like that cretinous oaf "sam the sham" whose contribution I posted earlier. If there were a majority of intelligent, well-informed Skate fans on those forums, they would challenge those cretins and educate them to the reality of their situation. But I've heard it said that anybody who goes on those forums and tells it as it is, is automatically labelled a scummer. I can see why you and others from the other end of the M27 come on here. Apart from a bit of banter, at least there is balance and mostly intelligent debate. I've yet to come across any of your forums to match this one in those respects. If most of the Skates took the sensible perspective that you have, it would have been far easier for there to be enough consensus to get serious campaigning action together to take action over this charity fiasco and the prosecution of those responsible for the demise of your club. But regrettably there are too many still in denial about the whole thing, especially your manager who is the main choir-master getting those with limited intelligence to sing from the same hymn sheet. I would have to say that not too many months ago I would have thought that this was utter bollux. I would have argued that all football fans are 'much of a muchness' no matter who they support, and all have their 'good, bad and ugly'. However, like you, having perused many of the PCF forums and comments sections of press releases, I now find myself rapidly concurring with you. There appears to be very little sensible debate from any of them, much of it appears to be juvenile ramblings, which is fine on certain forums, but you would expect the 'voice of reason' to appear somewhat more frequently than it actually does. Perhaps it is as you say, the more intelligent poster has 'given up and gone home', exasburated by the fact that they know they are going to either get shouted down by the masses of morons or labelled as a 'scummer' (superior race, should be taken as a compliment..!). So, I find my opinion much the same as yours - unless of course I've been looking in all the wrong places and somebody can point me to where all the 'real world' PFC fans post. Link to comment Share on other sites More sharing options...
krissyboy31 Posted 27 April, 2010 Share Posted 27 April, 2010 I was thinking along these lines too. However, AA has a duty to ALL the creditors to get the best deal for all of them. That's what they meet and vote on. If they suspect he's inflating the situation, they will challenge him - surely? Certainly HMRC will and will require absolute proof of creditors debt percentages. Link to comment Share on other sites More sharing options...
Frank's cousin Posted 27 April, 2010 Share Posted 27 April, 2010 I would have to say that not too many months ago I would have thought that this was utter bollux. I would have argued that all football fans are 'much of a muchness' no matter who they support, and all have their 'good, bad and ugly'. However, like you, having perused many of the PCF forums and comments sections of press releases, I now find myself rapidly concurring with you. There appears to be very little sensible debate from any of them, much of it appears to be juvenile ramblings, which is fine on certain forums, but you would expect the 'voice of reason' to appear somewhat more frequently than it actually does. Perhaps it is as you say, the more intelligent poster has 'given up and gone home', exasburated by the fact that they know they are going to either get shouted down by the masses of morons or labelled as a 'scummer' (superior race, should be taken as a compliment..!). So, I find my opinion much the same as yours - unless of course I've been looking in all the wrong places and somebody can point me to where all the 'real world' PFC fans post. Thing is Micky - much the same could have been said with threads on here when we were suffering our problems with it being very difficult to have 'sensible' debate on the ownership issue. Ok not to the same extent, but fans in general do tend to ignore the fact their actions would have played some part - eg in Pompeys case they seem to exclude the fact that no one even bothered to question how they were paying for the 'success' - just lapped it up... in our case the excrement would hit the fan, the moment anyone suggested that the reduced gates reduced both the income and the confidence of the banks in being able to service our debt... The fact that now in hindsight there are many who feel it was all justified to oust Lowe and how wonderful its turned out, the fact remains that had ML not decided to come back for a second look we could well have been out of business. ..but yes they do seem on mass to believe the media hype that its all so 'unlucky' and a tradegy of no ones making, when the club is responsible for its mess and it highlights the need for fans to be vigilant about how the club is being run financially - if it seems too good to be true it very likely is....eg, during the 2008/9 season what was more likely, that one of teh owners was investing /donating 30 mil to the club to cover the huge wage bill - or were racking up unsustainable debt.....? Link to comment Share on other sites More sharing options...
Wes Tender Posted 27 April, 2010 Share Posted 27 April, 2010 I would have to say that not too many months ago I would have thought that this was utter bollux. I would have argued that all football fans are 'much of a muchness' no matter who they support, and all have their 'good, bad and ugly'. However, like you, having perused many of the PCF forums and comments sections of press releases, I now find myself rapidly concurring with you. There appears to be very little sensible debate from any of them, much of it appears to be juvenile ramblings, which is fine on certain forums, but you would expect the 'voice of reason' to appear somewhat more frequently than it actually does. Perhaps it is as you say, the more intelligent poster has 'given up and gone home', exasburated by the fact that they know they are going to either get shouted down by the masses of morons or labelled as a 'scummer' (superior race, should be taken as a compliment..!). So, I find my opinion much the same as yours - unless of course I've been looking in all the wrong places and somebody can point me to where all the 'real world' PFC fans post. It must be said that I would have taken the similar position to you a few months ago and reasoned that one bunch of footy fans was much like another. But we went through much anguish and turmoil at this club not so long ago and look at the contrast; we had lively debates between the various factions, a real cut and thrust, each seldom giving any quarter. It made things interesting. Perhaps as you infer, the difference is that we had two basic factions, the pro and anti Lowes, whereas they seem now to at least acknowledge at Skatesville that their board and owners have all been crooks of one shade or another. All that they cannot seem to agree on, is what their current status is and what hope there is left for them. I suppose that it is not an edifying prospect spouting conjecture as to where they will end up, or whether they will even have a club to support. So the intelligent ones probably realise that there little point in speculating, as they could be proven very wrong, the optimists are starting to lose hope, which only leaves those idiots who either don't understand the situation, or who stubbornly refuse to accept it, bleating at how cruel the World is and that it isn't their fault and why does nobody love them? Link to comment Share on other sites More sharing options...
Wes Tender Posted 27 April, 2010 Share Posted 27 April, 2010 Frank's Cousin: Quote ...in our case the excrement would hit the fan, the moment anyone suggested that the reduced gates reduced both the income and the confidence of the banks in being able to service our debt... The fact that now in hindsight there are many who feel it was all justified to oust Lowe and how wonderful its turned out, the fact remains that had ML not decided to come back for a second look we could well have been out of business. Some here took a principled stand and happily the end justified the means. There doesn't seem to have been any such campaign initiative from the Skates. But although there was always the risk that we might not have come through it as we did, we remained a club with decent infrastructure, good property assets, a fairly new Premiership standard stadium, good training ground and comparitively not that much debt around our necks. We ought to have have retained an attractiveness as an investment opportunity to somebody and thankfully that person was ML. Many of us watched the board like hawks, kept a watchful eye on every penny spent, went to the AGMs and demanded answers when decisions were made that they didn't agree on. When Burley was given money to spend on players towards a campaign for promotion, it was debated minutely on here. As you say, where was the debate on any of the Skate forums when they were spending bucketloads on players and when the wage bill rose to be an unsustainably high percentage of income? Where were the campaigns to boycott their matches, STs or merchandise until their board sat up and took notice? I didn't notice any myself. Link to comment Share on other sites More sharing options...
trousers Posted 27 April, 2010 Share Posted 27 April, 2010 Would I be right in thinking Chanrai has said to Comical Andy, that he shouldn't look that hard for a buyer, and when the magical date rolls around, he's gonna offer a certain amount to take them out of admin? Thus, thats the figure Comical is working to, to calculate the CVA? And thus, all his efforts so far (inflating/creating debt to marginalise HMRC's postion) are to make sure that the whole situation gets to the point where Chanrai can make an offer? Sounds plausible to me.... Link to comment Share on other sites More sharing options...
trousers Posted 27 April, 2010 Share Posted 27 April, 2010 HMRC now investigating 'irregularities' at Glasgow Rangers. Here's hoping they don't over-stretch their resources on all these concurrent footballing matters.... Link to comment Share on other sites More sharing options...
Fowllyd Posted 27 April, 2010 Share Posted 27 April, 2010 Would I be right in thinking Chanrai has said to Comical Andy, that he shouldn't look that hard for a buyer, and when the magical date rolls around, he's gonna offer a certain amount to take them out of admin? Thus, thats the figure Comical is working to, to calculate the CVA? And thus, all his efforts so far (inflating/creating debt to marginalise HMRC's postion) are to make sure that the whole situation gets to the point where Chanrai can make an offer? That's certainly possible - and in Andronikou he certainly has an administrator with some previous in this area, as we all know. It does beg the question, though, of why Chainrai would want to retain control of a foul-smelling money pit. The other possibility, I would say, is that AA is simply trying to find a way to exit administration, knowing that there is no buyer on the horizon. To do this he'll need to get the unsecured creditors to agree to a level of payment which can be covered by the remains of the parachute payments once football and secured creditors have been paid off. If he can do this, he'll be hoping that a real buyer will then come along, able to pick up the club cheaply (or even free) as all payments will have been pre-agreed. The resultant club will have no money beyond its very limited revenue to spend on anything, but that's hardly AA's problem. The difficulty with this is what will happen if (as I think is likely) no buyer emerges. I'm sure Chainrai doesn't want to own the wreckage of a football club, and will want to simply take his money and get the hell out. So here's a thought - given the way in which Chainrai assumed control of his 90% stake in PFC, could he simply hand it back to Al-Faraj once his debt has been paid off? It will take somebody with far greater knowledge of such matters than I have to answer that question... Link to comment Share on other sites More sharing options...
Gorgiesaint Posted 27 April, 2010 Share Posted 27 April, 2010 HMRC now investigating 'irregularities' at Glasgow Rangers. Here's hoping they don't over-stretch their resources on all these concurrent footballing matters.... Now the BBC site http://news.bbc.co.uk/sport1/hi/football/teams/r/rangers/8647085.stm Oversea's accounts again - wonder if its image right payments? Link to comment Share on other sites More sharing options...
mcjwills Posted 27 April, 2010 Share Posted 27 April, 2010 Mr Peart said fans have nothing to worry about in handing over cash to the club, which is in administration. 'All the season ticket money will be put in a special account'. LMAO. Yeah known as Chanarai's bank account Link to comment Share on other sites More sharing options...
mcjwills Posted 27 April, 2010 Share Posted 27 April, 2010 Paul, We understand that football supporters will have concerns about the difficult position in which Portsmouth FC now finds itself and the effect that it could have on the future of the club, it’s supporters and the integrity of the Premier League. We would like to assure you that the Premier League Board continues to work with the officers of Portsmouth Football Club to ensure that arrangements are in place to settle all club liabilities as and when they become due. The Premier League Board has implemented the Premier League Rule Book to the letter in terms of dealing with Portsmouth FC and their various transgressions. The Premier League Board convened to apply the League’s rules and policies in relation to a member club suffering an event of insolvency. As a result Portsmouth FC was deducted nine points. The role of the Premier League’s Board is to implement the rules on behalf of all 20 clubs without fear or favour. Portsmouth FC like all clubs in the Premier League, are subject to and bound by these rules and the decision of the Board. The FA and Premier League have confirmed to the Administrators of Portsmouth Football Club that they shall not consider any late application for granting of a UEFA Club Licence for the 2010-11 season. Portsmouth Football Club did not apply for a Uefa Club Licence when required to do so. The Uefa Club Licence is administered by the FA and the Premier League for English clubs that want to compete in European competition but the criteria is set by Uefa. There is a section of the Premier League Rule Book titled 'Rules governing applications for a Uefa Club Licence' that all clubs have signed up to and is in the public domain. You can view this and other Premier League rules via the following link http://www.premierleague.com/staticF...~146366,00.pdf Whilst I appreciate the above may not be to your entire satisfaction, I hope it clarifies our position on this issue and goes someway to alleviate your concerns. Thank you for taking the time to contact us, we appreciate all feedback that we receive from supporters. Kind regards, Communications Team Intresting when you read the rules about applying for the licence this sticks out 5. Rule C.73 - A Club which applies for a UEFA Club Licence in accordance with the procedures set out in the Licensing Manual must prove that, subject to Rule C.74: 73.1 no Compensation Fee, Loan Fee or Contingent Sum and 73.2 no sum payable to or in respect of an employee employed during the year to 31 December of the Season in which the application is made (including national insurance contributions and income tax deducted under the “pay as you earn” system) is or was overdue as at that 31 December. Link to comment Share on other sites More sharing options...
angelman Posted 27 April, 2010 Share Posted 27 April, 2010 I was thinking along these lines too. However, AA has a duty to ALL the creditors to get the best deal for all of them. That's what they meet and vote on. If they suspect he's inflating the situation, they will challenge him - surely? I know that AA has previous for malpractice, and I have a sneaking suspicion that he is walking a very very fine line with this one. If Chainrai does end up buying the club for 10 or 15p having appointed AA, then that would lead to a lot of questions. No doubt it would end up in court. BUT Having said all that, why bother working hard to sell the club? No one in their right mind would pay as much as is needed. Footballing debts (which as we all know have to be paid in full) are what? £38m? Plus Sol Campbell's £2m odd? Plus any others - who knows? So let's say £40m. Then that leaves £80m of debt. HMRC is going to hold out for the full amount, and one of these days they will get the Football Creditors law (quite rightly) over turned. So they will leave admin without a CVA or end up in liquidation. Either situation, without a squad to boot, makes £50m+ look very unappealing. So why bother trying to sell something that is SO overpriced that no one is going to take it? Link to comment Share on other sites More sharing options...
mcjwills Posted 27 April, 2010 Share Posted 27 April, 2010 I know that AA has previous for malpractice, and I have a sneaking suspicion that he is walking a very very fine line with this one. If Chainrai does end up buying the club for 10 or 15p having appointed AA, then that would lead to a lot of questions. No doubt it would end up in court. BUT Having said all that, why bother working hard to sell the club? No one in their right mind would pay as much as is needed. Footballing debts (which as we all know have to be paid in full) are what? £38m? Plus Sol Campbell's £2m odd? Plus any others - who knows? So let's say £40m. Then that leaves £80m of debt. HMRC is going to hold out for the full amount, and one of these days they will get the Football Creditors law (quite rightly) over turned. So they will leave admin without a CVA or end up in liquidation. Either situation, without a squad to boot, makes £50m+ look very unappealing. So why bother trying to sell something that is SO overpriced that no one is going to take it? If they have less than 25% and the rest vote for it there is not a lot they can do about it. See points wise it pays to go bucket loads into debt to avoid a points deduction. CHEATS Link to comment Share on other sites More sharing options...
JackFrost Posted 27 April, 2010 Share Posted 27 April, 2010 That's certainly possible - and in Andronikou he certainly has an administrator with some previous in this area, as we all know. It does beg the question, though, of why Chainrai would want to retain control of a foul-smelling money pit. The other possibility, I would say, is that AA is simply trying to find a way to exit administration, knowing that there is no buyer on the horizon. To do this he'll need to get the unsecured creditors to agree to a level of payment which can be covered by the remains of the parachute payments once football and secured creditors have been paid off. If he can do this, he'll be hoping that a real buyer will then come along, able to pick up the club cheaply (or even free) as all payments will have been pre-agreed. The resultant club will have no money beyond its very limited revenue to spend on anything, but that's hardly AA's problem. The difficulty with this is what will happen if (as I think is likely) no buyer emerges. I'm sure Chainrai doesn't want to own the wreckage of a football club, and will want to simply take his money and get the hell out. So here's a thought - given the way in which Chainrai assumed control of his 90% stake in PFC, could he simply hand it back to Al-Faraj once his debt has been paid off? It will take somebody with far greater knowledge of such matters than I have to answer that question... If some of the conspiracy theorists are to be believed, some arrangement to eventually wind the club up and get flats built on Fratton Park? Link to comment Share on other sites More sharing options...
Lets B Avenue Posted 27 April, 2010 Share Posted 27 April, 2010 Don't recall anyone mentioning this on Sunday, but Begovic made his debut for Stoke at Chelski. Does that mean Spuds are owed even more money? Firkin CHEATS. Link to comment Share on other sites More sharing options...
EastleighSoulBoy Posted 27 April, 2010 Share Posted 27 April, 2010 Sorry, having a dim moment here....Who's Darren? Mr Lowe's supposed adversary at the Daily Mail published the above today: http://www.dailymail.co.uk/sport/football/article-1269042/Charles-Sale-FA-flop-search-40million-sponsor.html Darren Wheeler Link to comment Share on other sites More sharing options...
NickG Posted 27 April, 2010 Share Posted 27 April, 2010 AA interview tonight to listen to on Quay radio -should be amusing! on site in about 1/2 hour Link to comment Share on other sites More sharing options...
Dark Munster Posted 27 April, 2010 Share Posted 27 April, 2010 But what money are they going to have to continue? Once the season is over there is no income. Without an agreed CVA there will be no buyer and with no buyer, they will be liquidated. It would appear that Baloo will buy them, paying unsecured creditors pennies on the pound, to avoid liquidation, so that he can get his grubby hands on the parachute money. After that he'll toss away the rotten corpse. Mr Peart said fans have nothing to worry about in handing over cash to the club, which is in administration. 'All the season ticket money will be put in a special offshore account'. LMAO. I've added the missing word. :cool: I don't see why HRMC would settle for 23p in this case when previously they have always opposed anything other than full payment. It sets a dangerous precedent for them if football clubs know they can just not pay their tax, blow it off by going into admin and then just buy the club back. I think HRMC would prefer to set an example. They've previously refused much smaller amounts. It's one thing to set an example when a club only owes a million or two, but it's another matter when the club owes 18 million (or more). HRMC can afford to set an example by refusing 23% of a million or two, but can they afford to give up 23% of 18+ million out of principle? CHEATING BASTARDS. Link to comment Share on other sites More sharing options...
Gorgiesaint Posted 27 April, 2010 Share Posted 27 April, 2010 AA interview tonight to listen to on Quay radio -should be amusing! on site in about 1/2 hour Keep us updated with what he says (for those who can't pick up Quay) Link to comment Share on other sites More sharing options...
trousers Posted 27 April, 2010 Share Posted 27 April, 2010 AA interview tonight to listen to on Quay radio -should be amusing! on site in about 1/2 hourIs it just me or does the presenter look 12 years of age....? http://www.quayradio.com/on-air/alex-jones.php Link to comment Share on other sites More sharing options...
trousers Posted 27 April, 2010 Share Posted 27 April, 2010 Keep us updated with what he says (for those who can't pick up Quay) Listen online here: http://www.quayradio.com/resources/stream.php Link to comment Share on other sites More sharing options...
trousers Posted 27 April, 2010 Share Posted 27 April, 2010 Contact the studio thus: studio@quayradio.com Text the Studio Start your message with the word QUAY then your message and send to 81222* (*standard text message rates apply) Not that I'm suggesting anyone bombards AA with probing questions..... Link to comment Share on other sites More sharing options...
Saint_John Posted 27 April, 2010 Share Posted 27 April, 2010 Suggests 17th May. Interesting date. This report from Israel dated 18 March says "Daddy's trial" will start around that date. http://www.ynetnews.com/articles/0,7340,L-3864697,00.html Perhaps they hope he will have his bank accounts unfrozen and "normal business" (sic) will be resumed shortly afterwards. Link to comment Share on other sites More sharing options...
saintkiptanui Posted 27 April, 2010 Share Posted 27 April, 2010 Is it just me or does the presenter look 12 years of age....? http://www.quayradio.com/on-air/alex-jones.phpHe loooks like a total gimp, mix of Hawkins, Wenger and my step brother pauly. Link to comment Share on other sites More sharing options...
trousers Posted 27 April, 2010 Share Posted 27 April, 2010 He loooks like a total gimp, mix of Hawkins, Wenger and my step brother pauly. Link to comment Share on other sites More sharing options...
Minsk Posted 27 April, 2010 Share Posted 27 April, 2010 It would appear that Baloo will buy them, paying unsecured creditors pennies on the pound, to avoid liquidation, so that he can get his grubby hands on the parachute money. After that he'll toss away the rotten corpse. CHEATING BASTARDS. But he won't get his hands on it. PP=£32m in 4 payments: £8m in Aug 10; £8m in Jan 11; £8m in Aug 11; £8m in Jan 12. Poopy owe football creditors somewhere in the region of £20m, which has to be paid before the start of the new season or no golden share. The PL will pay the PP directly to the clubs owed, just so no one else can pocket it. Chinrai's £14m + £20m football debts = less than the PP; I guess he would make a small profit if he also pocketed the £5m? TV money for next season and the possible £8-10m they will get in transfer money, BUT he would have to front up the rest of the football debts to get this. I feel it would be much easier for him to just fold the club and build flats (plus a squash court) on FP. Link to comment Share on other sites More sharing options...
Fowllyd Posted 27 April, 2010 Share Posted 27 April, 2010 If some of the conspiracy theorists are to be believed, some arrangement to eventually wind the club up and get flats built on Fratton Park? Yes, I must admit I'd forgotten about that possibility! It could well be that something along those lines is the endgame (or a possible one) for Chainrai, but I reckon his prime motivation is to get his money and then get out. Any property scheme would be fraught with difficulties, not least that the local council would be loath to allow such a thing, even if PFC were to be wound up. Time will tell, of course. I seem to recall that Corpy has claimed on here that the club has never actually had a penny from Chainrai, though if that is the case I'm struggling to know what they used to pay wages etc for several months running. Come to that, I'm struggling to see how they hell they're paying staff now! Link to comment Share on other sites More sharing options...
trousers Posted 27 April, 2010 Share Posted 27 April, 2010 AA interview tonight to listen to on Quay radio -should be amusing! on site in about 1/2 hour Sure? :confused: Link to comment Share on other sites More sharing options...
Gorgiesaint Posted 27 April, 2010 Share Posted 27 April, 2010 Colleymore on Talksport again talking about pompey - asking Pompey fans to ring in, he's already shot down 2 fans, one trying to defend teh FA cup final, we deserve our day out. Wolves fan moaning about couldn't sign a player at the start of the season because outbid by Pompey. Leeds fan just brought up Melbourne Storm. Link to comment Share on other sites More sharing options...
teamsaint Posted 27 April, 2010 Share Posted 27 April, 2010 Yes, I must admit I'd forgotten about that possibility! It could well be that something along those lines is the endgame (or a possible one) for Chainrai, but I reckon his prime motivation is to get his money and then get out. Any property scheme would be fraught with difficulties, not least that the local council would be loath to allow such a thing, even if PFC were to be wound up. Time will tell, of course. I seem to recall that Corpy has claimed on here that the club has never actually had a penny from Chainrai, though if that is the case I'm struggling to know what they used to pay wages etc for several months running. Come to that, I'm struggling to see how they hell they're paying staff now! chanrai can get the money from players sales. Though if I were him I wold be worried about ending up as the owner of a club with a big wage bill, and a bunch of "hard to sell" players on very big salaries. He could easily end up subsidising a CCC campaign. Just look at the trouble we had moving Skacel and Rasiak. Wayne Thomas is STILL a Saint!! Link to comment Share on other sites More sharing options...
NickG Posted 27 April, 2010 Share Posted 27 April, 2010 very sorry all -posted in rush. He was interviewed on Quay and it was going to be put on website 20 mins after I posted - not live stream! Sorry if made anyone listen to random local radio show Link to comment Share on other sites More sharing options...
View From The Top Posted 27 April, 2010 Share Posted 27 April, 2010 It would appear that Baloo will buy them, paying unsecured creditors pennies on the pound, to avoid liquidation, so that he can get his grubby hands on the parachute money. After that he'll toss away the rotten corpse. The parachute money is going to be held by the footballing authorities and paid directly to the footballing creditors. Baloo's dosh will have to come from player sales. Link to comment Share on other sites More sharing options...
rpb Posted 27 April, 2010 Share Posted 27 April, 2010 very sorry all -posted in rush. He was interviewed on Quay and it was going to be put on website 20 mins after I posted - not live stream! Sorry if made anyone listen to random local radio show It's here - http://fansonline.net/portsmouth/mb/view.php?id=264102 Link to comment Share on other sites More sharing options...
rallyboy Posted 27 April, 2010 Share Posted 27 April, 2010 if parachute payments are forwarded to clear football debts and the season ticket money 'disappeared' before August - there would remain a business with restructured debts to pay off, and with an income of exactly zero. However you look at the figures they just don't add up as a going concern. Slashing the season ticket prices to get the punters to cough up now looks to me more like a speedy cash generator than a big favour to the few - the asset-stripping continues. And before anyone says you can't build flats on Fratton, it's designated for 'open air leisure', and if there's no football club it's quite simple, if there is still a club then it would require some legal work, but not much. Link to comment Share on other sites More sharing options...
buctootim Posted 27 April, 2010 Share Posted 27 April, 2010 It's here - http://fansonline.net/portsmouth/mb/view.php?id=264102 AA just doesnt sound very bright or on top of his brief. Lucius Pett their operations directors seems a bit more plugged in. Link to comment Share on other sites More sharing options...
krissyboy31 Posted 27 April, 2010 Share Posted 27 April, 2010 AA just doesnt sound very bright or on top of his brief. Lucius Pett their operations directors seems a bit more plugged in. Actually quite impressed by the interviewer. Expected a cosy beat about the bush interview but the guy gave Android and Pett quite a hard time. Link to comment Share on other sites More sharing options...
Whitey Grandad Posted 27 April, 2010 Share Posted 27 April, 2010 Since Newcastle and West Bromwich were promoted after one season, their remaining parachute payments are shared amongst the other CCC clubs. Do these payments also go to the newly-relegated clubs? One would assume not, but you never know. Link to comment Share on other sites More sharing options...
PompeyInReading Posted 27 April, 2010 Share Posted 27 April, 2010 +1. But when you say a banner at the last match of the season, do you mean at Wembley ?? Surely there has to be a sizeable protest at the Cup Final if you really mean it. That is a stage for you to gain the attention of the nation's press. I am afraid that decent supporters like you are in a distinct minority at Nottarf. If the world only sees at Wembley the customary funny Cup Final banners , then the conclusion will have to be that the majority of Pompey supporters do not care about the way that the club has behaved. They are happy to be led to the Cup Fimal by dodgy gun running crooks who steal from cancer charities and schools. Good luck to your protest. I think you will need it. I am The idea is for the last home game and then every other until they have gone. So yes, that will include the FA Cup Final. Supporting the team at Wembley, imo, does not constitute agreement with the clubs dirty executives. The fans and the team and the manager have done nothing wrong and it is those three parties that have got to the FA Cup final. Link to comment Share on other sites More sharing options...
Matthew Le God Posted 27 April, 2010 Share Posted 27 April, 2010 The fans and the team and the manager have done nothing wrong and it is those three parties that have got to the FA Cup final. Including players that the shouldn't have been allowed to sign? Quincy for example signed for a loan fee of £500k in the 4 day period after the transfer embargo was lifted and Pompey were alos still under a High Court WUP. At the same time as this £500k was paid the club owed those charities and other creditors money. Quincy and O'Hara then helped the team progress in the FA Cup, basically by using them Pompey have cheated their way to the final. Link to comment Share on other sites More sharing options...
krissyboy31 Posted 27 April, 2010 Share Posted 27 April, 2010 Including players that the shouldn't have been allowed to sign? Quincy for example signed for a loan fee of £500k in the 4 day period after the transfer embargo was lifted and Pompey were alos still under a High Court WUP. At the same time as this £500k was paid the club owed those charities and other creditors money. Quincy and O'Hara then helped the team progress in the FA Cup, basically by using them Pompey have cheated their way to the final. It's not just that they signed Quincy but they have since had to offload him again because they couldn't afford him. Link to comment Share on other sites More sharing options...
Weston Super Saint Posted 27 April, 2010 Share Posted 27 April, 2010 The idea is for the last home game and then every other until they have gone. So yes, that will include the FA Cup Final. Supporting the team at Wembley, imo, does not constitute agreement with the clubs dirty executives. The fans and the team and the manager have done nothing wrong and it is those three parties that have got to the FA Cup final. Awwwwww. The pet Skate was doing so well until this point! Let's see what the players have done wrong shall we : 1. The Ludicrous wages they accepted - fair enough greed is inherent I can accept that - but did none of them want to know where the money came from? 2. The players appear to have sat back and stuck two fingers up to the world just so long as they've got their money. 3. To be fair with the team you [illegally] bought, you should have been much higher up the league than you are. And, as for the manager - you've had a few this season, so I'll stick with the current one : 1. Visits to prostitutes are illegal I believe. 2. Deliberately playing a weakened side on more than one occasion is against the PL rules is it not? 3. His constant bleating about getting things sorted on the pitch is more than a little tiresome, I bet even you skates are sick of it by now! Besides, haven't things already been sorted on the pitch and your illegal team that you've fielded have played so badly you'd be relegated without the points deduction! I'd agree though, that with the exception of that stinking bag of sh1t W******d, the fans have done nothing.... Link to comment Share on other sites More sharing options...
CB Fry Posted 27 April, 2010 Share Posted 27 April, 2010 The idea is for the last home game and then every other until they have gone. So yes, that will include the FA Cup Final. Supporting the team at Wembley, imo, does not constitute agreement with the clubs dirty executives. The fans and the team and the manager have done nothing wrong and it is those three parties that have got to the FA Cup final. This would include the army of 27 megafans that went to the Coventry third round replay would it? Link to comment Share on other sites More sharing options...
PompeyInReading Posted 27 April, 2010 Share Posted 27 April, 2010 Hold on I thought PIR has been on here in the last few weeks telling us we were talking nonsense. I wont be congratulating him until I see the banners.PIR has been one of the worst at giving it out I have been on here saying that Pompey have not cheated and I stand by that. The team is put together beyond our means as is Hulls, West Hams, Spurs, Chelsea's etc etc. All I have said is they only way Pompey differs is by having been stitched up by the owners in the meantime and it all come crashing down. Granted, there are some clubs in the prem that live with in thier means but they are the minority. Question for you Nick and all others - If your billionaire owner decides to spend on players beyond what Saints could actually sustain on income will you be protesting? I wont be congratulating him until I see the banners.PIR has been one of the worst at giving it out Seriously, that is so condescending. I and others do not need, nor want, your congratulations. You do not help out charities for congratulations FFS. What has been done was out of respect for the charities. Banner or no banner. Seriously Nick, take a step back and listen to yourself. Link to comment Share on other sites More sharing options...
Matthew Le God Posted 27 April, 2010 Share Posted 27 April, 2010 (edited) Question for you Nick and all others - If your billionaire owner decides to spend on players beyond what Saints could actually sustain on income will you be protesting? Saints are averaging 3,000 more fans than Pompey and are two Leagues lower yet they are playing Wycombe, Yeovil and Stockport compared to Man Utd, Chelsea and Arsenal. What makes you think it is not sustainable to be spending as they are? Edited 27 April, 2010 by Matthew Le God Link to comment Share on other sites More sharing options...
Colinjb Posted 27 April, 2010 Share Posted 27 April, 2010 Ignorant b*llocks. I pity you. Link to comment Share on other sites More sharing options...
PompeyInReading Posted 27 April, 2010 Share Posted 27 April, 2010 This would include the army of 27 megafans that went to the Coventry third round replay would it? I would imagine so. I think it was more like 200 though. Its true it has been hard to decide this year what or who to support. Sometimes I go and think - I have to go and support the team and then at other times I think there is no way I can give these theives money. Its been a battle and many have stayed away. Personally I have not stayed away from Fratton as I had already bought my ST. I know many, many that would not even go to the semi. I felt that was OK as the money was not going to the thieves. Same with the Final. I will not, however, be giving any new money to the club until these vile vermin have gone. The players and manager however deserve support. What would you do? Link to comment Share on other sites More sharing options...
dubai_phil Posted 27 April, 2010 Share Posted 27 April, 2010 The idea is for the last home game and then every other until they have gone. So yes, that will include the FA Cup Final. Supporting the team at Wembley, imo, does not constitute agreement with the clubs dirty executives. The fans and the team and the manager have done nothing wrong and it is those three parties that have got to the FA Cup final. Oh dear oh dear. Have you READ the Creditors list? If you bother you would note that there is a figure of 500k owed to Spuds for the Loan of O'Hara. In other words you re-signed him and never paid for him. So you lied to the PL that you could cover their costs in order to get the embargo lifted. They should NEVER have been there. So no, the manager may well deserve support (How good is his record vs Paul Hart?) But the players? No. The players owe Feck all to you and are only lining their own pockets at the expnse of you suckers. Who had to come up with the scheme to pay the St John's Bill? The FANS, not the players who SHOULD NEVER HAVE BEEN THERE and yet you still insanely believe you should be supporting. And none of this comes CLOSE to why you idiots thought you could even START this season with SUltan Bin Trump's Billions....... The Players should have been sold in 2009 during the summer transfer window. They don't wear "Your Shirt" They watch their wallets. You watch them come the end of the season, they'll disappear faster than you can say "Need some cash" Link to comment Share on other sites More sharing options...
Whitey Grandad Posted 27 April, 2010 Share Posted 27 April, 2010 1. Visits to prostitutes are illegal I believe. Prostitution is legal. Running a brothel is not. Link to comment Share on other sites More sharing options...
Eastcowzer Posted 28 April, 2010 Share Posted 28 April, 2010 I didn't think that the clubs going down this season got the extra two years parachute payments? I thought it was a new proposal that starts from next seasons relegated teams. I'm pretty sure your right, as the Football League have yet to vote on it, as of now, and I dont think that they,(FL), are overly enamoured with the prospect of Xmillions of pounds, to just three clubs, upsetting the financial apple-cart of the FL Link to comment Share on other sites More sharing options...
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