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Pompey Takeover Saga

Fitzhugh Fella

By Fitzhugh Fella,
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Matthew Le God

Matthew Le God

Posted
Posted
For those with an interest in forum politics, let it be known thus:

 

That, on this day, benjii did decree to grant a final reprieve to Matthew Le God.

 

 

 

fin

 

So I can't accuse anyone of using the word ironic incorrectly anymore?

 

You spoil all my fun! :(

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bpsaint

bpsaint

Posted
Posted (edited)
Current odds from Bet365:

 

Chelsea 1/4 Draw 9/2 Skates 11/1

 

LMFAO, I mean when we were a "lowly" second tier club playing the "mighty" Man U the odds were only 4/1...

 

Might chuck a tenner on the skates then,win/win either way. Sorry to be a pedant but we were 7/1 back in 76 btw.

Edited by bpsaint
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Quickfire Double

Quickfire Double

Posted
Posted
The man is mentally ill - even the posters on the thread below it are not taken in by the bullsh1t

 

http://www.portsmouth.co.uk/frattonlatest/Grant-Here39s-proof-Pompey39s-demise.6272644.jp?CommentPage=2&CommentPageLength=10#comments

 

 

Lol @ the one who said they could have had 3 more loanees in Jan without the embargo as these would cost less than buying a player. How many slaps round the head with a wet fish does it take to impose the concept of empty coffers?!

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OldNick

OldNick

Posted
Posted
Lol @ the one who said they could have had 3 more loanees in Jan without the embargo as these would cost less than buying a player. How many slaps round the head with a wet fish does it take to impose the concept of empty coffers?!

Lol and the referees love them. When he was losing a few games back he was implying that they were cheating for not giving them a penalty

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EastleighSoulBoy

EastleighSoulBoy

Posted
Posted
Everyone could follow your lead and I'll be left talking to myself. :)

 

(You may or may not have read that if you have put me on your ignore list already, in fact you wouldn't be able to read this so I'll stop)

 

Then I'll quote you, so he doesn't miss your wit and wisdom.

 

Unless he now has me on ignore also?

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landford.saint

landford.saint

Posted
Posted

I'm guessing these are the more intelligent of the blue few because they can read and write. But even then they appear to have no real grasp of the situation they are in or the reasons they are in this position. Either that or they dont want to know.

One of the posters on there tried to bring some sanity to the discussion saying that they didn't have any money, and he was had a go at for not understanding.

 

Bizarre or what?

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EastleighSoulBoy

EastleighSoulBoy

Posted
Posted
The man is mentally ill - even the posters on the thread below it are not taken in by the bullsh1t

 

http://www.portsmouth.co.uk/frattonlatest/Grant-Here39s-proof-Pompey39s-demise.6272644.jp?CommentPage=2&CommentPageLength=10#comments

 

Ali Al Forkup said

 

"If our 'owners' had invested money rather than sucked it out of the club - we would still have Begovic and Kaboul and we couldve stayed up... but its a moot point now and to be honest I 4-1 have had my fil of prem football and the loose morals double standards and greed that come with it... good riddance!"

 

Now that just about describes irony to a the nth degree.

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mcjwills

mcjwills

Posted
Posted
Might chuck a tenner on the skates then,win/win either way. Sorry to be a pedant but we were 7/1 back in 76 btw.

 

Better odd than I got I has a fiver at 6-1 at the time, not a lot I know but when you only earned £14 a week it was a lot of money but the reward was 2 weeks wages :D

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CB Saint

CB Saint

Posted
Posted

As much as it galls me to say it, I had to chuckle at the words at the bottom of one of the posters signatures:

 

F.A. wherever you may be

Sitting in your box at Wembley

You took 9 pts but we dont give a f***

Cause were going down with the FA Cup!!!

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NickG

NickG

Posted
Posted

Exciting day,

 

votes will be cast,

 

people have their chance to vote with their hearts

 

they came make the country a better place

 

they can make a stand against corruption

 

they can support those who undermine the nations economy and waste public funds

 

 

creditors, do what you must, vote against the offer.

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Gingeletiss

Gingeletiss

Posted
Posted

Eyes down, look in. The day of voting has arrived!

 

http://news.bbc.co.uk/sport1/hi/football/teams/p/portsmouth/8655397.stm

 

HMRC's debts make up only 18% of the unsecured total (everything apart from Chainrai's loan and smaller amounts owed to banks) so it cannot block a CVA proposal on its own. It can, however, ask for a place on a creditors' committee that will oversee Andronikou's likely supervision of the CVA and voting for that body will also take place on Thursday.

Gaydamak's investment vehicle Ocadia, the PFA and French clubs Lens and Rennes are among the other candidates for a seat on the three-to-five-strong committee.

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tony13579

tony13579

Posted
Posted

http://www.tribalfootball.com/are-you-mad-brown-miss-portsmouth-fa-cup-final-birth-child-819981

Portsmouth midfielder Michael Brown could miss the FA Cup final as his wife is due to give birth around the same time.

 

Brown, expecting his second child, is the latest Pompey star struggling to face Chelsea at Wembley on May 15.

 

He said: "Everybody asks me 'what would you do?' Hopefully that is a decision that would not have to be made.

 

"The missus is getting in the way a bit at the moment. We will keep checking on her and see how things are going.

 

"That and sitting on the Swiss ball so hopefully it does the trick."

 

That is one good excuse for not being part of the biggest cheating con in sport

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slickmick

slickmick

Posted
Posted
Eyes down, look in. The day of voting has arrived!

 

http://news.bbc.co.uk/sport1/hi/football/teams/p/portsmouth/8655397.stm

 

HMRC's debts make up only 18% of the unsecured total (everything apart from Chainrai's loan and smaller amounts owed to banks) so it cannot block a CVA proposal on its own. It can, however, ask for a place on a creditors' committee that will oversee Andronikou's likely supervision of the CVA and voting for that body will also take place on Thursday.

 

 

Gaydamak's investment vehicle Ocadia, the PFA and French clubs Lens and Rennes are among the other candidates for a seat on the three-to-five-strong committee.

 

 

It will only take another 7% of debt owed (18% of the vote is held by HMRC) to refuse a CVA. With Gadymank being amongst that group of unsecured creditors, it looks highly unlikely they will get an agreed CVA.

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Gemmel

Gemmel

Posted
Posted
It will only take another 7% of debt owed (18% of the vote is held by HMRC) to refuse a CVA. With Gadymank being amongst that group of unsecured creditors, it looks highly unlikely they will get an agreed CVA.

 

Gayboy will accept the CVA.

 

if the debt was say 5 million and it was inflated to 30 million, 20p in the pound and you are still up on the deal.

 

And as for Grant demanding someone is punished. Lets start with him.

When the club couldnt pay its curent wage bill, two players spookily paid up thier contracts.....Grant signed them up and added half a million in agents fees to the debt and then still banged on at how unfair it was he wasnt allowed to sign anybody......with what avaram with ******* what

 

http://news.bbc.co.uk/sport1/hi/football/teams/p/portsmouth/8655397.stm

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Doctoroncall

Doctoroncall

Posted
Posted (edited)
Exciting day,

 

votes will be cast,

 

people have their chance to vote with their hearts

 

they came make the country a better place

 

they can make a stand against corruption

 

they can support those who undermine the nations economy and waste public funds

 

 

creditors, do what you must, vote against the offer.

 

The vote for that is within 28 days time. Today is about who will make up the creditors committee to oversee what AA is preposing to the creditors.

Edited by Doctoroncall
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tony13579

tony13579

Posted
Posted (edited)

My understanding is that value will be proposed, ie 20p in the £1, a 75% vote supporting a CVA is needed today to move towards a vote in 28 days time where 50% is required.

the tax man is 18% of the objectors.

Where will the other objectors come from? When it comes to money you need people who would rather write off money than let them get away with it.

Edited by tony13579
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positivepete

positivepete

Posted
Posted

David Sullivan on West Hams wage bill:

 

“Obviously, in addition a lot of players get sign-on fees, appearance money [up to £10,000-a-game], image rights, loyalty payments, and we pay 12.98 per cent National Insurance.”

 

I wonder who that last bit is aimed at?

 

http://www.telegraph.co.uk/sport/football/leagues/premierleague/westham/7683747/Kieron-Dyer-revealed-as-West-Hams-top-earner-on-83000-a-week.html

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aintforever

aintforever

Posted
Posted

The Gaydamak - Chanrai relationship is important. I've always assumed they are both in it together but if Gaydamak wants to block a CVA he can. And according to the BBC blocking a CVA would most likely cause PFC to be liquidated - which could free up Gaydamak's land for redevelopment.

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Gemmel

Gemmel

Posted
Posted
Ridiculous.

 

How on earth are they allowed to get away with this?

 

It's got beyond a joke. The % for the CVA must have been tight - up goes the debt by another 18 million.

 

Time for the authorties to step in, this is just plain stupid.

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warsash saint

warsash saint

Posted
Posted
David Sullivan on West Hams wage bill:

 

“Obviously, in addition a lot of players get sign-on fees, appearance money [up to £10,000-a-game], image rights, loyalty payments, and we pay 12.98 per cent National Insurance.”

 

I wonder who that last bit is aimed at?

 

http://www.telegraph.co.uk/sport/football/leagues/premierleague/westham/7683747/Kieron-Dyer-revealed-as-West-Hams-top-earner-on-83000-a-week.html

 

 

With figures like these, you can understand why WHU will probably be the next team down the toilet .... Boa Morte on £70 a week :rolleyes:

 

 

WEST HAM UNITED - FIRST TEAM SQUAD 2009-2010 - CONTRACTS & SALARIES

No Player Position Weekly Yearly Joined Fee Notes

Gianfranco Zola Manager £36,300 £1,887,600 Sep 2008 N/A Contract Sep 2008 - June 2011; Ext Jun 2013 (@Apr 2009)

Steve Clark Assist Man £24,200 £1,258,400 Sep 2008 N/A Contract Sep 2008 - June 2011; Ext Jun 2013 (@Apr 2009)

Kevin Keen Head Coach £12,100 £629,200 Jul 2002 N/A Contract Oct 2006 - June 2009; Ext Jun 2011 (@Sep 2008)

Kevin Hitch**** Coach (GK) £3,000 £156,000 Mar 2010 N/A Contract March - June 2010 (Mar 2010)

 

1 Robert Green Goalkeeper £30,000 £1,560,000 Aug 2006 £2,000,000 Contract Aug 2006 - Jun 2010; Ext Jun 2011 (@Aug 2008)

4 Danny Gabbidon Defender £50,000 £2,600,000 Jul 2005 £1,500,000 Contract Aug 2005 - Jun 2008; Ext Jun 2010 (@Aug 2007)

7 Kieron Dyer Midfield £70,000 £3,640,000 Aug 2007 £6,000,000 Contract Aug 2007 - Jun 2011

8 Scott Parker Midfield £70,000 £3,640,000 Jun 2007 £7,000,000 Contract Aug 2007 - Jun 2012

9 Mido (Ahmed Hossam) Forward £1,000 £52,000 Feb 2010 Loan Loan Feb 2010 - Jun 2010

10 Guillermo Franco Forward £20,000 £1,040,000 Sep 2009 Loan Contract Sep 2009 - Jun 2010

11 Ilan Araújo Dall'Igna Forward £19,231 £1,000,000 Feb 2010 Loan Loan Feb 2010 - Jun 2010

12 Carlton Cole Forward £50,000 £2,600,000 Jul 2006 £1,000,000 Contract Jul 2006 - Jun 2010; Ext Jun 2013 (Nov 2008)

13 Luís Boa Morte Midfield £70,000 £3,640,000 Jan 2007 £5,000,000 Contract Jan 2007 - Jun 2010

14 Radoslav Kovác Midfield £20,000 £1,040,000 Jan 2009 £3,250,000 Contract Aug 2009 - Jun 2012

15 Matthew Upson Defender £70,000 £3,640,000 Jan 2007 £7,500,000 Contract Jan 2007 - Jun 2011

16 Mark Noble Midfield £20,000 £1,040,000 Jul 2000 Academy (2000) Debut (Aug 2004) (Contract Jul 2009 - Jun 2013) (Apr 2009)

17 Benni McCarthy Forward £38,462 £2,000,000 Feb 2010 £2,500,000 Contract Feb 2010 - June 2012

18 Jonathan Spector Defender £20,000 £1,040,000 Jun 2006 £500,000 Contract Aug 2006 - Jun 2010

20 Julien Faubert Midfield £30,000 £1,560,000 Jun 2007 £6,100,000 Contract Jul 2007 - Jun 2012

21 Valon Behrami Midfield £30,000 £1,560,000 Jul 2008 £5,000,000 Contract Jul 2008 - Jul 2013

22 Manuel da Costa Defender £20,000 £1,040,000 Aug 2009 £2,000,000 Contract Aug 2008 - Jun 2012

23 Hérita Ilunga Defender £20,000 £1,040,000 Sep 2008 Loan / Fee Loan Aug 2008 - Jun 2009; Contract Jul 2009 - Jun 2013

28 Péter Kurucz Goalkeeper £5,000 £260,000 Feb 2009 Loan / Fee Loan Jul 2008 - Jun 2009; Contract Jul 2009 - Jun 2014

29 Marek Stech Goalkeeper £3,000 £156,000 Jul 2006 Academy (2006) Debut (Sub only) (Contract Jul 2006 - Jun 2010)

30 James Tomkins Defender £4,000 £208,000 Jul 2005 Academy (2005) Debut (Mar 2008) (Contract Jul 2009 - Jun 2013) (@Apr 2009)

31 Jack Collison Midfield £2,000 £104,000 Jul 2005 Academy (2005) Debut (Jan 2008) (Contract Jul 2008 - Jun 2013)

32 Alessandro Diamanti Forward £30,000 £1,560,000 Aug 2009 £6,000,000 Contract Aug 2009 - Jun 2014

33 Fabio Daprelà Defender £10,000 £520,000 Jul 2009 £500,000 Contract Jul 2009 - Jun 2014

34 Oliver Lee Midfield £400 £20,800 Jul 2009 Academy (2009) Debut (Sub only) (Contract Jul 2009 - Jun 2010) (Apr 2009)

36 Anthony Edgar Midfield £400 £20,800 Jul 2004 Academy (2004) Debut (Jan 2010) (Contract Jul 2009 - Jun 2010) (Apr 2009)

41 Zavon Hines Forward £400 £20,800 Jul 2006 Academy (2006) Debut (Aug 2008) (Contract Jul 2009 - Jun 2010) (Apr 2009)

45 Jordan Spence Defender £400 £20,800 Jul 2004 Academy (2004) Debut (N/A) (Contract Jul 2006 - Jun 2010)

46 Junior Stanislas Midfield £1,500 £78,000 Jul 2000 Academy (2000) Debut (Mar 2009) (Contract Jul 2009 - Jun 2014) (Apr 2009)

 

 

£705,792 £36,701,200 £55,850,000

£187,831 £9,767,200

£182,100 £9,469,200 Released (March): 35 Josh Payne, 44 Bondz N’Gala, Nick Barrett, Davide Ferrari,

£178,462 £9,280,000 Peter Loveday, Danny Kearns, Conor Okus, Jack Lampe.

 

 

PLAYERS ON LOAN

19 Freddie Sears Forward £4,000 £208,000 Jul 2000 Academy (2000) Debut (Mar 2008) (Contract Jul 2008 - Jun 2013) (@Feb 2008)

24 Frank Nouble Forward £10,000 £520,000 Jul 2009 £500,000 Contract Jul 2009 - Jun 2014

Hólmar Örn Eyjólfsson Defender £400 £20,800 Jul 2008 Academy (2008) Debut (N/A) ~ On loan to Roeselare, Belguim (to May 2010)

Matt Fry Defender £400 £20,800 Jul 2001 Academy (2001) Debut (N/A) ~ On loan to Gillingham (to May 2010)

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Minsk

Minsk

Posted
Posted
The Gaydamak - Chanrai relationship is important. I've always assumed they are both in it together but if Gaydamak wants to block a CVA he can. And according to the BBC blocking a CVA would most likely cause PFC to be liquidated - which could free up Gaydamak's land for redevelopment.

 

I really don't think he would vote against it, but..........

 

I would absolutely love it if he did AND this led to club being wound up BEFORE the cup final which was then cancelled with Chelski just being given the cup.

 

I would enjoy this not only for the obvious reason but also because it would be a slap in the face for the FA!

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dubai_phil

dubai_phil

Posted
Posted

Forgetting the Admin side of things for one moment, another very clear issue is coming very clear.

 

It has now taken an age for AA to reach a set of figures that shows the financial situation at the PCFC Ltd.

 

This is a legal entity and is subject to Corporate Compliance legislation beyond the Admin mess we are currently focused upon.

 

It is extremely clear that the Officers of The Company (ie the Directors) had no control over nor Governance over the internal Business Processes.

 

There are pages and pages of Company Law which detail the legal responsibilities of the Officers of a Company, and not withstanding the mess of the current PCFC (in Admin), the DTI (or this month's name) has a legal duty to pursue the former Directors for Gross Negligence and incompetence.

 

Again, being negligent becomes a new issue for the smaller creditors and could lead to personal liability issues.

 

The mess isn't done yet, other Criminal & Civil cases could yet join the queue at the Laughing Stock

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slickmick

slickmick

Posted
Posted
My understanding is that value will be proposed, ie 20p in the £1, a 75% vote supporting a CVA is needed today to move towards a vote in 28 days time where 50% is required.

the tax man is 18% of the objectors.

Where will the other objectors come from? When it comes to money you need people who would rather write off money than let them get away with it.

 

They are hinting at 20p in the £ to be paid back over FIVE YEARS.

I'm sure a fair few companies would be at serious risk of going to the wall with proposals like that. So why would they agree to a CVA ?

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