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Pompey Takeover Saga

Fitzhugh Fella

By Fitzhugh Fella,
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dubai_phil

dubai_phil

Posted
Posted
'I've been on the phone to these people late into the night

 

 

Now.... I'm sure aa works hard (As football scout, manager, chairman and the odd bit of administration), and this might be reading something that isn't there, but the time difference between here and the Ukraine, is only an hour...... I wonder whether aa realised this when he made the comment above.

 

 

So, what you are saying Gemmel is that he has had a phone call about a prospective takeover.

 

Now, where have we heard that one before?

 

Oh I see so THAT's why he is retained as a Consultant. :)

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Doctoroncall

Doctoroncall

Posted
Posted
'I've been on the phone to these people late into the night

 

 

Now.... I'm sure aa works hard (As football scout, manager, chairman and the odd bit of administration), and this might be reading something that isn't there, but the time difference between here and the Ukraine, is only an hour...... I wonder whether aa realised this when he made the comment above.

 

It's two hours by my reckoning, but still in his favour!

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Gemmel

Gemmel

Posted
Posted
So, what you are saying Gemmel is that he has had a phone call about a prospective takeover.

 

Now, where have we heard that one before?

 

Oh I see so THAT's why he is retained as a Consultant. :)

 

Indeed....page 15

 

If he makes it to page twenty, he'll be camped in London waiting for the South Africans to turn up :D

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Tamesaint

Tamesaint

Posted
Posted

I love the bit from Skate News which said:

 

 

The administrator met with HMRC, which has put in a £35m claim, on Tuesday to persuade them to vote in favour.

 

He said: 'They're sitting on the fence. They said they will let me know their position on Monday.'

 

 

I can tell him today which way they will go .... unless he changes his proposals.

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Clapham Saint

Clapham Saint

Posted
Posted
http://www.portsmouth.co.uk/newshome/Andronikou39s-anger-as-Ukrainians-go.6352971.jp

 

 

Potential buyers see sense

 

:-P My heart bleeds for them :p

 

Hasn't he already said that there are no buyers out there and that Chanrai is the only credible option (or words to that effect)?

 

Quite a coincidence that these other groups should pop up since only to walk away as a result of griffins report.

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BigShadow

BigShadow

Posted
Posted
'I've been on the phone to these people late into the night

 

 

Now.... I'm sure aa works hard (As football scout, manager, chairman and the odd bit of administration), and this might be reading something that isn't there, but the time difference between here and the Ukraine, is only an hour...... I wonder whether aa realised this when he made the comment above.

 

Perhaps AA got confused....far more likely the late night phone calls are with Chainrai trying to explain why Plan A is not going as smoothly as hoped. :p

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OldNick

OldNick

Posted
Posted
Hasn't he already said that there are no buyers out there and that Chanrai is the only credible option (or words to that effect)?

 

Quite a coincidence that these other groups should pop up since only to walk away as a result of griffins report.

well the same thing worked when they went to court ,and the lady judge believed it. So they tiry it again, I suppose
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benjii

benjii

Posted
Posted
Hasn't he already said that there are no buyers out there and that Chanrai is the only credible option (or words to that effect)?

 

Quite a coincidence that these other groups should pop up since only to walk away as a result of griffins report.

 

I feel sorry for you because ****s like him give your profession a bad name.

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Clapham Saint

Clapham Saint

Posted
Posted
I feel sorry for you because ****s like him give your profession a bad name.

 

I haven't ever met him personally but I'm yet to meet an IP who doesn't get an instant look of disgust on his face at the mention of his name.

 

I friend of mine's husband went to work for Hacker Young recently. He lasted a year before he felt obliged to leave.

 

Yes they really **** me off.

 

It would be a great shame if AA continues with this bull**** only to have HMRC contest his conduct in court and have him held personally liable for the resultant losses to creditors. A real shame.

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Gemmel

Gemmel

Posted
Posted
I haven't ever met him personally but I'm yet to meet an IP who doesn't get an instant look of disgust on his face at the mention of his name.

 

I friend of mine's husband went to work for Hacker Young recently. He lasted a year before he felt obliged to leave.

 

Yes they really **** me off.

 

It would be a great shame if AA continues with this bull**** only to have HMRC contest his conduct in court and have him held personally liable for the resultant losses to creditors. A real shame.

 

Cheers Clapham, I've been waiting for your take on the android.

 

Assuming the CVA is not agreed, what happens then, do Hacker Young have to start again and look a bit more seriously at the Griffin proposal, o will android have lost to much face and have to stand down.

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dubai_phil

dubai_phil

Posted
Posted
I haven't ever met him personally but I'm yet to meet an IP who doesn't get an instant look of disgust on his face at the mention of his name.

 

I friend of mine's husband went to work for Hacker Young recently. He lasted a year before he felt obliged to leave.

 

Yes they really **** me off.

 

It would be a great shame if AA continues with this bull**** only to have HMRC contest his conduct in court and have him held personally liable for the resultant losses to creditors. A real shame.

 

I'm gonna have a fun week on here coming up.

 

My family member who is an IP counsel is coming on vacation for 2 weeks. He was spot on with all his Fry knowledge and being a Spud still annoyed at the SF result I'm looking forward to finding out what is postable gossip about "The industry in General"

 

oh happy daze coming up Bullfrogs and the Seaview with the added bonus of dirt dishing (allegedly)

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dubai_phil

dubai_phil

Posted
Posted
I haven't ever met him personally but I'm yet to meet an IP who doesn't get an instant look of disgust on his face at the mention of his name.

 

I friend of mine's husband went to work for Hacker Young recently. He lasted a year before he felt obliged to leave.

 

Yes they really **** me off.

 

It would be a great shame if AA continues with this bull**** only to have HMRC contest his conduct in court and have him held personally liable for the resultant losses to creditors. A real shame.

 

 

Yes, because that would mean that Storrie teller had got away with it ;)

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Clapham Saint

Clapham Saint

Posted
Posted
Cheers Clapham, I've been waiting for your take on the android.

 

Assuming the CVA is not agreed, what happens then, do Hacker Young have to start again and look a bit more seriously at the Griffin proposal, o will android have lost to much face and have to stand down.

 

If the CVA isn't approved AA remains the administrator and will need to (continue to?) fulfil the duties of his office.

 

In short, he'll either need to come up with an alternative plan or look at other options for rasing money for creditors. If he can't find a plan for them to continue trading then that means closing down and liquidating the remaining assets.

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S-Clarke

S-Clarke

Posted
Posted

breaking news...

 

10 Jun 2010 22:14:31

According to a source in the City, representatives of David Beckham have been in touch with the administrators of Portsmouth F.C with regards to buying the club. Beckham has previously stated that he'd like to own an English Football team and it's believed that he feels Portsmouth are good value for money. It is not known whether he wishes to play for the club if he buys them

 

 

:D

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benjii

benjii

Posted
Posted
breaking news...

 

10 Jun 2010 22:14:31

According to a source in the City, representatives of David Beckham have been in touch with the administrators of Portsmouth F.C with regards to buying the club. Beckham has previously stated that he'd like to own an English Football team and it's believed that he feels Portsmouth are good value for money. It is not known whether he wishes to play for the club if he buys them

 

 

:D

 

:lol: - where did you find that?

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Saint in Paradise

Saint in Paradise

Posted
Posted
breaking news...

 

10 Jun 2010 22:14:31

According to a source in the City, representatives of David Beckham have been in touch with the administrators of Portsmouth F.C with regards to buying the club. Beckham has previously stated that he'd like to own an English Football team and it's believed that he feels Portsmouth are good value for money. It is not known whether he wishes to play for the club if he buys them

 

 

:D

 

 

:D:D:D He never did appear to me anyway of being the brightest of bulbs in a chandelier

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for_heaven's_Saint

for_heaven's_Saint

Posted
Posted
breaking news...

 

10 Jun 2010 22:14:31

According to a source in the City, representatives of David Beckham have been in touch with the administrators of Portsmouth F.C with regards to buying the club. Beckham has previously stated that he'd like to own an English Football team and it's believed that he feels Portsmouth are good value for money. It is not known whether he wishes to play for the club if he buys them

 

 

:D

 

:-\"

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Dark Munster

Dark Munster

Posted
Posted
Is he closer to the truth than he knows? Is that why they are all flying round the States? They are planning a plane crash in The Grand Canyon?

They're planning to come to San Diego, I've heard, so they'd bloody well better crash before getting here.

 

The Grand Canyon sounds fine to me, as long as they don't damage the ecosystem.

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Colinjb

Colinjb

Posted
Posted
breaking news...

 

10 Jun 2010 22:14:31

According to a source in the City, representatives of David Beckham have been in touch with the administrators of Portsmouth F.C with regards to buying the club. Beckham has previously stated that he'd like to own an English Football team and it's believed that he feels Portsmouth are good value for money. It is not known whether he wishes to play for the club if he buys them

 

 

:D

 

Oh my life. Didn't we try that last summer too? :rolleyes:

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tony13579

tony13579

Posted
Posted (edited)

If Griffins direct tv money and parachute money to the creditors and all high wager players are moved on, the resulting club will not have huge income but a (less wealthy) prospective investor would not have huge liabillities either.

 

The biggest obsticles at the moment is huge wage bill and £120m debt.

Edited by tony13579
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hutch

hutch

Posted
Posted
breaking news...

 

10 Jun 2010 22:14:31

According to a source in the City, representatives of David Beckham have been in touch with the administrators of Portsmouth F.C with regards to buying the club. Beckham has previously stated that he'd like to own an English Football team and it's believed that he feels Portsmouth are good value for money. It is not known whether he wishes to play for the club if he buys them

 

 

:D

He can't. They've got an embargo. I understand that it's thrown a bit of a spanner in the works on the Riquelme front as well.

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Durleyfos

Durleyfos

Posted
Posted
breaking news...

 

10 Jun 2010 22:14:31

According to a source in the City, representatives of David Beckham have been in touch with the administrators of Portsmouth F.C with regards to buying the club. Beckham has previously stated that he'd like to own an English Football team and it's believed that he feels Portsmouth are good value for money. It is not known whether he wishes to play for the club if he buys them

 

 

:D

 

Aparently Brooklyn asked for a cowboy outfit for his birthday...

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rallyboy

rallyboy

Posted
Posted

so when they say 'in the running' to buy, they mean, 'have left the table stating they are no longer interested'.

 

I would have thought that even Ukranian gangsters would find it difficult to commit any new offences via the club - child trafficking maybe via a bogus academy?

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Channon's Sideburns

Channon's Sideburns

Posted
Posted
Another article on the Ukulele-ian rumour. Though sounds like just recycling the news article.

 

http://www.dailymail.co.uk/sport/football/article-1285717/Mystery-Ukrainian-consortium-running-seal-deal-crisis-club-Portsmouth.html?ito=feeds-newsxml

 

What I want to know is how he thinks he can get someone to agree to buy them before the CVA has been agreed?

 

In Daily Mail speak, does the headline 'Mystery Ukrainian Consortium' mean 'We don't believe they exist'???

 

Just a thought.

 

Has Lifelong Skate offered anything yet?

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tony13579

tony13579

Posted
Posted (edited)

Cardiff City ease financial worries after paying off £1.9m tax bill

 

 

Cardiff City have avoided the threat of being plunged into administration next season after paying off their £1.9m tax bill.

 

The Championship club, who completed a Far East takeover last month, claim the long-running debt to HMRC has finally been settled at the High Court.

It comes as a welcome boost to Cardiff, who were forced to play under the shadow of repeated revelations about their tax debt and a cash crisis on their run to the play-off final.

 

 

http://www.dailymail.co.uk/sport/football/article-1285732/Cardiff-City-ease-financial-worries-paying-1-9m-tax-bill.html#ixzz0qXQNIidQ

 

EDIT: That gives the tax man more resources to chase the C H E A T S down the road :)

Edited by tony13579
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Whitey Grandad

Whitey Grandad

Posted
Posted
Cardiff City ease financial worries after paying off £1.9m tax bill

 

Cardiff City have avoided the threat of being plunged into administration next season after paying off their £1.9m tax bill.

I expect the revenues from the playoff final will have helped. The usual agreement is for the losing club to get all the receipts.

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dronskisaint

dronskisaint

Posted
Posted
Seems that quite a few of the commenters (e.g. Heliogabus, Astrological etc) are making some very reasonable comments, or are they Saints Web posters in disguise?

 

Got to say that whenever I see sense being talked on their site I'm tempted to press the 'Report Unsuitable' button it seems so incongruous!:p

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Gorgiesaint

Gorgiesaint

Posted
Posted
I expect the revenues from the playoff final will have helped. The usual agreement is for the losing club to get all the receipts.

 

They had a £6m cash injection when a Malaysian business man took a 30% stake in the club, part of the deal was Ridsdale to stand down. They knew that they were going to get that injection hence why HMRC allowed the extension.

 

http://news.bbc.co.uk/sport1/hi/football/teams/c/cardiff_city/8733967.stm

 

Although it makes me laugh that a billionaire only has £800m these days, tsk these billionaires just ain't what they used to be - think that might be called the Pompey effect!!!!

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Wes Tender

Wes Tender

Posted
Posted
They had a £6m cash injection when a Malaysian business man took a 30% stake in the club, part of the deal was Ridsdale to stand down. They knew that they were going to get that injection hence why HMRC allowed the extension.

 

http://news.bbc.co.uk/sport1/hi/football/teams/c/cardiff_city/8733967.stm

 

Although it makes me laugh that a billionaire only has £800m these days, tsk these billionaires just ain't what they used to be - think that might be called the Pompey effect!!!!

 

He is a dollar billionaire though, which is probably what they are alluding to.

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