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Pompey Takeover Saga


Fitzhugh Fella

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wtf does that mean?

 

Im with master bates on not bothering to pay tax too.

 

Didnt want them gone but I at least wanted them to do things properly. With the judge voting for HMRC it looks like that will never happen.

 

I guess the appeal will be tomorrow then?

 

I don't think HMRC are even going to bother.

 

It all depends on whether Pompey can keep to the CVA over the next 4 years, and whether they can get promoted back to the Premiership again in that time. Even without KPB and Utaka they've got a decent chance.

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Am i to late for the red arrow show, fireworks, and 100 yard BBQ?

Its gonna be good on ear tonight.

 

Mack Rill, let's not forget that Chanrai will still want his money out of pompey! I seriously expect to see the CVA agreement broken before everyone gets their 20p in the £. Mark my words.

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think the moral of the story is that if you have "football club" affixed to your company name you can get away with money laundering, illegal trading and tax evasion.

 

Will be interesting to see what HMRC's next move will be, surely there is an angle to bring about tax evasion charges.

 

Had a feeling that HMRC would lose once they started going on about principles and the football creditors ruling.

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That's that then,they've got away with it. Would be more annoyed but always felt the decision would go their way such is their luck.

 

Sorry?

 

I didn't realise someone had bought the club with the intent of piling £200 million in cash whilst this court case was going on.

they're far from being out of the woods yet.

 

The only chance of them going bust is if they fail to keep up to the CVA, and the tide of the media turns against them.

 

Until that happens, clubs will continue to cheat because they know the judges won't have the balls to wind them up.

 

Up to now, Pompey have shown the countries' football clubs how to recklessly overspend with very little consequence

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I genuinely can't believe what has happened here.

 

In slightly related news, apologies for the incredibly **** performance of the forum during all of that. It's the first time the new software's had to bear that sort of load and it epically failed. I've found a load of performance enhancements I can implement, so will be working through those this evening along with the minor update to version 4.0.5, with a view to it all being fine for the Plymouth game on Saturday.

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Can I just add that my hatred for Pompey has just increased a notch. I can only hope that this isn't the end of the story don't forget that there is still pontential points deductions from the Storrie/Redknapp/Mandaric tax situation, the possibility of HMRC going after them specifically on image rights as a tax evasion case, and the possibility that they will not stick to the CVA.

 

Regardless you have to say that HMRC blew a winning hand.

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WTF - right im off to my boss to get paid by image rights from now on and not pay tax!

 

I don't know if it opens a can of worms, but is there reasons that people can't do the same? Just post a picture on some advertising and bingo

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I don't think HMRC are even going to bother.

 

It all depends on whether Pompey can keep to the CVA over the next 4 years, and whether they can get promoted back to the Premiership again in that time. Even without KPB and Utaka they've got a decent chance.

 

I am honestly finding it hard to understand right now. I was expecting a 50/50 kind of result as it seems obvious to everyone except the blue few and the judge that there is a fiddle going on but I didnt expect the judge to crucify them like we wanted.

 

I just dont understand how the ruling means its over and they can jog on with there fiddle. I am hoping the explination will shed more light on it but otherwise I cant see Chainrai messing up now since he has a chance to get his money back.

 

Will be tricky to get Gaydamak to agree to anything that doesnt make him a wad of cash though.

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Can I just add that my hatred for Pompey has just increased a notch. I can only hope that this isn't the end of the story don't forget that there is still pontential points deductions from the Storrie/Redknapp/Mandaric tax situation, the possibility of HMRC going after them specifically on image rights as a tax evasion case, and the possibility that they will not stick to the CVA.

 

Regardless you have to say that HMRC blew a winning hand.

 

The HMRC QC had an Ali Dia.

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Wrong decision.

 

But on the positive side of things, Chainrai will continue to screw them over. He's never gonna pump enough money in to get them to the Prem and I don't think we'll have to wait too long for our next derby game.

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Sorry?

 

I didn't realise someone had bought the club with the intent of piling £200 million in cash whilst this court case was going on.

they're far from being out of the woods yet.

 

The only chance of them going bust is if they fail to keep up to the CVA, and the tide of the media turns against them.

 

Until that happens, clubs will continue to cheat because they know the judges won't have the balls to wind them up.

 

Up to now, Pompey have shown the countries' football clubs how to recklessly overspend with very little consequence

 

 

They've spent money they haven't got to sign players they couldn't afford and cheated their way out of paying tax and are they dead? No.

 

To me that's pretty much getting away with it.

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His master? The creditors or the former/new owner....?

 

right from the start I think it was obvious he didn't give a **** about the creditors. If he did then he'd have halved that imaginery £10m wage bill from his CVA plan and put the £5m in the creditors pockets.

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I think this is what AA knew all along. He knew the judge wouldn't have the balls to wind them up.

 

It needs media pressure, depending on what chainrai's motives are and if the CVA gets broken they may well end up back in court again in the not too distant future.

 

Don't be suprised to hear Pompey signing some loan players on very hefty wages before the start of the new season

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Wrong decision.

 

But on the positive side of things, Chainrai will continue to screw them over. He's never gonna pump enough money in to get them to the Prem and I don't think we'll have to wait too long for our next derby game.

I never wanted them liquidated. The Derby games are the best games by far.
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