Torres Posted 3 August, 2010 Share Posted 3 August, 2010 Surely that is the best possible outcome? If you exit administration without a CVA agreed, HMRC will simply re-issue a winding-up petition and you'll be back to square one. Fixed. Link to comment Share on other sites More sharing options...
Draino76 Posted 3 August, 2010 Share Posted 3 August, 2010 We are live! Link to comment Share on other sites More sharing options...
ringwood Posted 3 August, 2010 Share Posted 3 August, 2010 I think there are good grounds to win on the maniplulation CVA vote I think there are good grounds to win on the fact that football creditors should not have been able to vote as they were secured creditors I do not believe the football creditors rule will be decided today We only need to win on one point to prevent the CVA. But are they secured creditors? Only secured by using the PL parachute money, which HMRC are arguing is the clubs money but with in effect a restrictive covenant. The football creditors rule has no legal standing , its just that a 'rule' for a members club, hence HMRC stance on the case, I think that they will be allowed a vote , however that the money from the parachure payments if included in the CVA should go to all creditors as is the law. Remember the judge deals with the LAW not members club RULES. I see only one winable argument today thats the voting and change in the figures between the proposal sent out and the actual CVA voted on.. I think the CVA will be rejected and they'll remain in ADMIN, however the judge may appoint an admin of his own due to AA's poor record Link to comment Share on other sites More sharing options...
saint lard Posted 3 August, 2010 Share Posted 3 August, 2010 "Hello and welcome to The News' live coverage of day one in the High Court. I'm based at Hilsea towers and our reporters Chris Owen and David Hurley are at the High Court. They will be providing live updates. I'll point out that Chris and David cannot see this screen, so will be unable to answer any of your questions. But we hope that the information in court will be comprehensive enough to answer anything you'll need to know......" Fire away with the questions guys....... http://www.portsmouth.co.uk/custompages/custompage.aspx?pageid=82690 ... Link to comment Share on other sites More sharing options...
rallyboy Posted 3 August, 2010 Share Posted 3 August, 2010 like many on here I need to go out and do some work now, I'm not expecting any serious activity today though I guess we might be treated to Sir George going mental at 10.30 when AA doesn't appear, I'll catch up later. Last time this happened I had to plough through about seven pages - which for those simpletons who need a polite reminder, is what we do before posting links to 'breaking' stories that have been discussed at length for three days. Here's to a good day for football and the ordinary taxpayer. Link to comment Share on other sites More sharing options...
sussexsaint Posted 3 August, 2010 Share Posted 3 August, 2010 We are live! Eyes down for a full house box of popcorn and big foam finger ready cmon you HMRC Link to comment Share on other sites More sharing options...
saint lard Posted 3 August, 2010 Share Posted 3 August, 2010 David Lampitt "feeling nervous" about the hearing,which could last 2 days. Link to comment Share on other sites More sharing options...
pedg Posted 3 August, 2010 Share Posted 3 August, 2010 Was half wondering if the reports of AA still being on holiday were made up by the paper but still no sign of him so guess it must be true? Link to comment Share on other sites More sharing options...
sidthesquid Posted 3 August, 2010 Share Posted 3 August, 2010 I think the issue with the football creditors is this, Should someone who is guaranteed, by whatever means, to receive 100% of what is owed be allowed to vote on whether the remainder of creditors are prepared to accept 20% of their due. That cannot possibly be seen as fair. Link to comment Share on other sites More sharing options...
tony13579 Posted 3 August, 2010 Share Posted 3 August, 2010 Like it I forgot image rights tax, we 70% should win that too Link to comment Share on other sites More sharing options...
tony13579 Posted 3 August, 2010 Share Posted 3 August, 2010 (edited) I do not believe the HMRC should persue 100% payment. The tax man is en equal creditor with the exception of secured debt and staff wages Edited 3 August, 2010 by tony13579 Link to comment Share on other sites More sharing options...
Minsk Posted 3 August, 2010 Share Posted 3 August, 2010 Game on! COYHMRC!!!!!!! Link to comment Share on other sites More sharing options...
saint lard Posted 3 August, 2010 Share Posted 3 August, 2010 (edited) Some of the comments of the live 'broadcast' from the skates are really quite deluded.imo. Is that really David James sending his luck. Edited 3 August, 2010 by saint lard Link to comment Share on other sites More sharing options...
tony13579 Posted 3 August, 2010 Share Posted 3 August, 2010 (edited) http://www.portsmouth.co.uk/custompages/custompage.aspx?pageid=82690 The news wrote: Chris: Hello from London. Pompey chief executive David Lampitt has arrived at the High Court in London for today's crunch clash between the club and the inland revenue. As he passed waiting reporters he said he was feeling 'nervous' about the hearing. David: The court hearing is scheduled to start at 10.30 and could last for two days. 10:54 Matthew: We're still waiting for the case to start. David and Chris will update when it does. Edited 3 August, 2010 by tony13579 Link to comment Share on other sites More sharing options...
GenevaSaint Posted 3 August, 2010 Share Posted 3 August, 2010 [Comment From Beaver Beaver : ] worst case scenario we go bust, take a 17 point drop and spend the £30 million CVA funds on new players then? Link to comment Share on other sites More sharing options...
Katalinic Posted 3 August, 2010 Share Posted 3 August, 2010 Some of the comments of the live 'broadcast' from the skates are really quite deluded.imo. Is that really David James sending his luck. It is pure theatre...mostly of the vaudeville freak show variety. I am wondering whether to start winding them up though with a "come on HMRC" post. Link to comment Share on other sites More sharing options...
miserableoldgit Posted 3 August, 2010 Share Posted 3 August, 2010 It is pure theatre...mostly of the vaudeville freak show variety. I am wondering whether to start winding them up though with a "come on HMRC" post. Oh, go on! You know you want to! Link to comment Share on other sites More sharing options...
Channon's Sideburns Posted 3 August, 2010 Share Posted 3 August, 2010 'Good luck guys, I'm off for some tea and TOAST' Link to comment Share on other sites More sharing options...
stevegrant Posted 3 August, 2010 Share Posted 3 August, 2010 [Comment From Beaver Beaver : ] worst case scenario we go bust, take a 17 point drop and spend the £30 million CVA funds on new players then? Link to comment Share on other sites More sharing options...
Gingeletiss Posted 3 August, 2010 Share Posted 3 August, 2010 LOve them, bless their fishy hearts! [Comment From Beaver Beaver : ] worst case scenario we go bust, take a 17 point drop and spend the £30 million CVA funds on new players then? Link to comment Share on other sites More sharing options...
Katalinic Posted 3 August, 2010 Share Posted 3 August, 2010 Oh, go on! You know you want to! Hmm, maybe something more subtle to wind them up. Link to comment Share on other sites More sharing options...
saintjay77 Posted 3 August, 2010 Share Posted 3 August, 2010 bbc_matt on twitter posted: Alberto #Contador has just signed 4 Riis Cycling, apparently. Not a massive supprise. My reply: @bbc_matt shoulnt you be in court with a red and white scarf and pants not tweeting the news? He must have gone in now cause I dont have a reply. lol Link to comment Share on other sites More sharing options...
hypochondriac Posted 3 August, 2010 Share Posted 3 August, 2010 This is a vendetta by the English Establishment against Portsmouth FC and the city for daring to stick out and be radical and different. We must win or it's a case of 'Street Fighting Man' ! Play UP Pompey ! Lol Link to comment Share on other sites More sharing options...
fish fingers Posted 3 August, 2010 Share Posted 3 August, 2010 [Comment From richard richard : ] This is a vendetta by the English Establishment against Portsmouth FC and the city for daring to stick out and be radical and different. We must win or it's a case of 'Street Fighting Man' ! Play UP Pompey ! :-) Link to comment Share on other sites More sharing options...
miserableoldgit Posted 3 August, 2010 Share Posted 3 August, 2010 This one`s a classic :- Comment From richard richard : ] This is a vendetta by the English Establishment against Portsmouth FC and the city for daring to stick out and be radical and different. We must win or it's a case of 'Street Fighting Man' ! Play UP Pompey ! Link to comment Share on other sites More sharing options...
Katalinic Posted 3 August, 2010 Share Posted 3 August, 2010 "This is a vendetta by the English Establishment against Portsmouth FC and the city for daring to stick out and be radical and different. We must win or it's a case of 'Street Fighting Man' ! Play UP Pompey !" Tell me this is one of you being ironic....??? Link to comment Share on other sites More sharing options...
brightspark Posted 3 August, 2010 Share Posted 3 August, 2010 bbc_matt on twitter posted: Alberto #Contador has just signed 4 Riis Cycling, apparently. Not a massive supprise. I think it's incredible news, considering that Riis has coached the Schleck brothers since they were beginners in the old CSC squad it is remarkable that as soon as his prodigy leaves he intends to be director to his greatest rival! On more funny matters, the court case has apparently not started yet. Lots of people think an adjournment is on the cards. "Case 2452. Stolen Car" "ADJOURNED" "Case 2453. Drug Deali-" "ADJOURNED" "Case 2454. Pompe-" "WHAT THE F**K DON'T YOU GET IT!!! ADJOURNED" Link to comment Share on other sites More sharing options...
OldNick Posted 3 August, 2010 Share Posted 3 August, 2010 This one`s a classic :- Comment From richard richard : ] This is a vendetta by the English Establishment against Portsmouth FC and the city for daring to stick out and be radical and different. We must win or it's a case of 'Street Fighting Man' ! Play UP Pompey ! Has a personality disorder Richard Richard lol.......wasnt one of Rick Mayalls numpties called Richie Rich? Link to comment Share on other sites More sharing options...
EastleighSoulBoy Posted 3 August, 2010 Share Posted 3 August, 2010 Chris: The hearing started briefly but was immediately adjourned for the judge, Mr Justice Mann, to read extra papers submitted by the inland revenue. Before the hearing started there were no Pompey fans outside the court. More complicated than was hoped for? Link to comment Share on other sites More sharing options...
brightspark Posted 3 August, 2010 Share Posted 3 August, 2010 HA HA adjourned for a little while!!! Typical!!! but nice to see HMRC working right up until the bell Link to comment Share on other sites More sharing options...
saint lard Posted 3 August, 2010 Share Posted 3 August, 2010 "Chris: The hearing started briefly but was immediately adjourned for the judge, Mr Justice Mann, to read extra papers submitted by the inland revenue. Before the hearing started there were no Pompey fans outside the court" Link to comment Share on other sites More sharing options...
Saint in Paradise Posted 3 August, 2010 Share Posted 3 August, 2010 They won't show my messages Link to comment Share on other sites More sharing options...
tony13579 Posted 3 August, 2010 Share Posted 3 August, 2010 portsmouth news wroteChris: The hearing started briefly but was immediately adjourned for the judge, Mr Justice Mann, to read extra papers submitted by the inland revenue. Before the hearing started there were no Pompey fans outside the court. Link to comment Share on other sites More sharing options...
fish fingers Posted 3 August, 2010 Share Posted 3 August, 2010 Has a personality disorder Richard Richard lol.......wasnt one of Rick Mayalls numpties called Richie Rich? Richard Richard was indeed Edward Elizabeth Hitlers flat mate Link to comment Share on other sites More sharing options...
hypochondriac Posted 3 August, 2010 Share Posted 3 August, 2010 The hearing started briefly but was immediately adjourned for the judge, Mr Justice Mann, to read extra papers submitted by the inland revenue. Before the hearing started there were no Pompey fans outside the court. I hope it's a secret weapon! Link to comment Share on other sites More sharing options...
bridge too far Posted 3 August, 2010 Share Posted 3 August, 2010 Has a personality disorder Richard Richard lol.......wasnt one of Rick Mayalls numpties called Richie Rich? He's just a double D i c k! Link to comment Share on other sites More sharing options...
anothersaintinsouthsea Posted 3 August, 2010 Share Posted 3 August, 2010 The hearing started briefly but was immediately adjourned for the judge, Mr Justice Mann, to read extra papers submitted by the inland revenue. Before the hearing started there were no Pompey fans outside the court. I hope it's a secret weapon! Best fans in the world.... Link to comment Share on other sites More sharing options...
OldNick Posted 3 August, 2010 Share Posted 3 August, 2010 Did they say for how long it is likely to be adjourned, how about until next august Link to comment Share on other sites More sharing options...
saintjay77 Posted 3 August, 2010 Share Posted 3 August, 2010 bbc_matt on twitter posted: Alberto #Contador has just signed 4 Riis Cycling, apparently. Not a massive supprise. My reply: @bbc_matt shoulnt you be in court with a red and white scarf and pants not tweeting the news? He must have gone in now cause I dont have a reply. lol I had a reply from him: bbc_matt I might go tomorrow (theres a good chance it will spill over) then posts a link to a blog by someone. Nothin in there that we dont know already but there is a bit from some finacial expert that thinks all is not clear cut and pompy are in serious poop. Probably already posted while I type this but the live feed says case is adjourned for the judge to read extra papers submitted by the tax man. Link to comment Share on other sites More sharing options...
OldNick Posted 3 August, 2010 Share Posted 3 August, 2010 Best fans in the world.... to be fair, they are still trying to repair the puncture on their tandem Link to comment Share on other sites More sharing options...
brightspark Posted 3 August, 2010 Share Posted 3 August, 2010 They won't show my messages Anything that even dares to suggest the few are in the wrong is not posted. After all, if it isn't what they want to hear, they decide it doesn't exist! Common practice in Skatesmuff! Link to comment Share on other sites More sharing options...
saint lard Posted 3 August, 2010 Share Posted 3 August, 2010 They won't show my messages Nor mine,quelle surprise. Nothing harsh just a subtle dig/enquiry. Link to comment Share on other sites More sharing options...
Saint_Ash Posted 3 August, 2010 Share Posted 3 August, 2010 Blinding move by the HMRC! The pompey side must be shyting it, trying to look over the Judges shoulder wondering "What's that, what is it, show us..." Keeping them on their toes! Like it! Link to comment Share on other sites More sharing options...
saintjay77 Posted 3 August, 2010 Share Posted 3 August, 2010 They won't show my messages I posted as BlueJay asking if Handy Andy will be at court today. Not seen that come up either. figured I would get in with a few posts to gain there trust but getting no-where fast lol. Link to comment Share on other sites More sharing options...
saint lard Posted 3 August, 2010 Share Posted 3 August, 2010 I wonder what the 'new evidence' presented by HMRC is? Link to comment Share on other sites More sharing options...
saintjay77 Posted 3 August, 2010 Share Posted 3 August, 2010 Blinding move by the HMRC! The pompey side must be shyting it, trying to look over the Judges shoulder wondering "What's that, what is it, show us..." Keeping them on their toes! Like it! Doesnt a copy get given to the skates at the same time? Link to comment Share on other sites More sharing options...
MorningtonCrescent Posted 3 August, 2010 Share Posted 3 August, 2010 I got one on there - but the others are yet to show! :-/ Link to comment Share on other sites More sharing options...
Channon's Sideburns Posted 3 August, 2010 Share Posted 3 August, 2010 Fair and balanced reporting.....my arse. Snooze neutralising posts to keep the blue demented few believing... Link to comment Share on other sites More sharing options...
sussexsaint Posted 3 August, 2010 Share Posted 3 August, 2010 oooo new evidence Link to comment Share on other sites More sharing options...
OldNick Posted 3 August, 2010 Share Posted 3 August, 2010 Would a criminal enquiry being actioned stop the proceedings? Link to comment Share on other sites More sharing options...
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