Pompey Takeover Saga

[NickG]

So what? You picked up 10k+ as soon as you opened the doors on the new ground. It's a pointless argument that won't ever be resolved until we have similar grounds and we're in the same division. Until then, it's all hot air either way...

 

you probably think its just because league 1 gets more crowds!

 

you can win the league position for one more year (taking it to 7 out of 50+) but you cannot win the bigger support one.

[Kingsbridge Saint]

Pompey picked up any injuries yet? Surely just around the corner.....

[tony13579]

Dunno, but 16.5k for a team just relegated and at a time when a lot of people are away on holiday isn't bad at all. What were the predictions on here, 6-9k was it?

 

16.5k is a lot for a team just religated, however it was raised by the high spirits of just willing an impossible court case, buying players you were banned from buying. Getting a new (recycled) owner (Who hasnt actually compleated all the checks,signed all the papers yet, etc) You are still in a land dispute with a former owner who may or may not allow you to use his land and can hold you to ransome at any time and who may chose to withdraw his consent at any crucial time.

 

I think a few matches into the season may see the true support.

 

Whilst I believe the HMRC wil just lick thier wounds and go after the FCR & image rights. There is just a wee glimer of hope they will spot a bit of rule breaking and come back for a second bite.

 

Personally I think the way you "got away with it" TM needs to be stopped, finnito. CVA's should only be used to rescue significant numbers of jobs and previous owners , directors should be banned from participating from such deals. Employees pay should take prioity. However it should be capped at 10 times UK average earnings including redundancy pay. Sums over that should be incorperated in the usual creditors list.

[mack rill]

Pompey picked up any injuries yet? Surely just around the corner.....

 

No sweat, Just tell FL injured player like disappeared, and can we have another off the shelf.

Well you gotta keep the numbers up.

[redkeith]

There have been so many allegations of dodgy dealings on transfers in this saga, I think that it is time for the FL/FA to step in and regulate it properly. As they already hold the player registration, I think that it is a natural progression for them to hold the transfer contracts, and maybe even the player's contracts.

 

- All transfer payments to be made to the fl and the monies then to be distributed according to the contract (x% to the club y% to the agent etc)

 

Any payments found to be made outside this contract (offshore cash, unauthorised agents etc) will result in punishment of the clubs and individuals concerned.

 

- When a player is sold on, the settlement of any monies owed as a result of his subsequent transfer must be included in the new contract of sale ( Muntari, Diarra ...)

 

- If a club defaults on any payments, it would immediately come under a transfer embargo, and the player concerned would be unavailable for selection. The PFA may not like this. so perhaps the player should still get his appearance bonuses .

 

- The transfer embargo will remain in place until the club has repaid its outstanding transfer debts in full. This clause could get replace the existing football creditors rule, as clubs would be forced to play the team that they can afford , until such a time as they are up to date with their payments again.

 

 

Any thoughts ?

[NickG]

Relegated Hull

 

last season in prem average 24,390 - first game in Npower Championship, against Swansea - 21,468

 

Burnley

last season in prem average 20,654, first game against Notts Forest 17,496

 

skates

last season in prem 18,302, first game against Reading 16,400

 

So the smallest crowd of any relgated team but not huge drop - although boosted by Reading.

 

Thinks its fair to say they are poorly supported.

[Wes Tender]

There have been so many allegations of dodgy dealings on transfers in this saga, I think that it is time for the FL/FA to step in and regulate it properly. As they already hold the player registration, I think that it is a natural progression for them to hold the transfer contracts, and maybe even the player's contracts.

 

- All transfer payments to be made to the fl and the monies then to be distributed according to the contract (x% to the club y% to the agent etc)

 

Any payments found to be made outside this contract (offshore cash, unauthorised agents etc) will result in punishment of the clubs and individuals concerned.

 

- When a player is sold on, the settlement of any monies owed as a result of his subsequent transfer must be included in the new contract of sale ( Muntari, Diarra ...)

 

- If a club defaults on any payments, it would immediately come under a transfer embargo, and the player concerned would be unavailable for selection. The PFA may not like this. so perhaps the player should still get his appearance bonuses .

 

- The transfer embargo will remain in place until the club has repaid its outstanding transfer debts in full. This clause could get replace the existing football creditors rule, as clubs would be forced to play the team that they can afford , until such a time as they are up to date with their payments again.

 

 

Any thoughts ?

 

Seems fair enough to me, but it unfairly victimises the Skates, so will not be tolerated. They already have enough of a complex about how the rest of the footballing World has got it in for them and this sort of action might tip them over the edge.

[OldNick]

Relegated Hull

 

last season in prem average 24,390 - first game in Npower Championship, against Swansea - 21,468

 

Burnley

last season in prem average 20,654, first game against Notts Forest 17,496

 

skates

last season in prem 18,302, first game against Reading 16,400

 

So the smallest crowd of any relgated team but not huge drop - although boosted by Reading.

 

Thinks its fair to say they are poorly supported.

 

Their attendance was OK. Although when you factor in the opposition bringing a large support and they still have the feelgood factor of the cup final and getting away with robbing the people of the nation etc

[benjii]

14.5k is an ok number of home fans for a bottom-half division 2/top half division 3 team on a Sat 3pm untelevised match. Basically, they punched their weight on attendance as we all know that the club is a bottom-half division 2/top half division 3 team.

 

Funny that the mighty Hull got more. I can't imagine Swansea took more fans than Reading did?

 

Redkeith - re your post about transfer regulation: I'm pretty sure FIFA are bringing in a new system although it might not be public knowledge yet. If you do a bit of digging (I can't be bothered!) you might be able to find something.

[NickG]

if they don't have money coming in, I think they could find there natural level in football is league 1.

 

they were only 32 in average attendances last seasons despite being in premiership. This year they are likely to average about 13-14000, which would put them about 43rd in the country - relegated from Npower.

[Frank's cousin]

I don't care either way, and neither does anyone else outside the SO postcode so bleat all you like about it, no-one else is listening. We're out of the woods, on the road to recovery and we won't be docked any points so I'm well happy with that.......

 

This is the problem most football fans have with pompey... on the one hand you (perhaps rightly) have been arguing the point that the financial mess is NOT the fans fault, that you could do nothing about it... but on the other fail to acknowledge that what the club did, has done, and looks like continuing to do, is in effect cheat, and avoid a suitable punishment because of timing simply because the Prem and FL are seperate entitities...and the fans are loving the fact they got away with it... fine if you feel happy with that as its simply a matter of your own personal moral and ethical stance and that of the vast majority of your fans.. personally, I would be pretty ashamed of my club, not proud that it had escaped any meaningful punishment for builing up 10mil of debt to fund blip of success... then ****ing off without paying.. shameful really.

 

And before you mention it, although nowhere near the same ballpark, we took our punsihment and felt shame in what had happened (although getting a mortgage on a stadium WHEN YOU CAN AFFORD IT, and suffering only later because a lack of money available for the squad resulted in relegation and a few tyre kickers taking over and fecking things up - a long way form ****ing away 100mil on a squad you cant afford to try and achieve something and when the bubble bursts simply walk away from it...)

 

If you cant see that, then it highlights ignorance and a complete lack of what this is really all about. I have several friends who are pompey fans and they are NOT boasting or happy right now as they feel they have no right to do so, and they have my respect for that. The attitude you display above (which seems more common) is why there is such a response to your predicament...

[Sevvy]

Apart from us, it would be nice to see what other teams think of what has gone on done the road

[Frank's cousin]

For pfc123

 

You seem to mentione the 7mil paid against a loan of 23 with NU... you forget the 7 years at nearly 2 mil a year that WAS paid in repyments and interest so they got a total of around 21 mil, which OK is not full payment but we did NOT take this debt on when we were already in debt, but when we were in the black and when we could afford it - It was precisely because we did NOT Cheat and buy expensive players to maintain our premiership status which we could not afford, that we were relgated. Subsequent owners tried in vain, but made genuine mistakes/errors of judgement in the transfer market/manager selection which caused a further revenue loss on relegation to L1... our problems were NOT caused by reckless spending nor driven on the hope of success - it was also because it was invested in solid infrastructure that we found a decent honest buyer... had you actually spent 40% of that debt on a decent ground, another 10% on a decent training facilty, you might have actually attracted an honest buyer, but would unlikely have been in the prem for 7 years or won the cup... its that simple point you repeatedly fail to understand, and why there has been so much vitriol sprewed in the Pompey direction.

[Faz]

Any Pompey fan who reads This and thinks they're saved must be bonkers. As I read it all I could hear was the sound of hope disappearing over the horizon.

Edited 17 August, 2010 by Faz

[Gingeletiss]

Any Pompey fan who reads This and thinks they're saved must be bonkers. As I read it all I could hear was the sound of hope disappearing over the horizon.

 

Have these two clowns forgotten, that as part of the CVA the cheats put together, it was agreed that the present format of cheats eleven, would be liquadated, to enable a full examination of the books by HMRC. Please please, don't let this be overlooked.

[the colonel]

You are right no one cares about you lot.

 

But living in London I speak/socialise/work with various fan of clubs and the vast majority have pegged you as cheats.....esp. for the you have cheated local businesses, charities and the tax man.

 

Get used to it! The media might still occasionally pipe on about the wonderful blue few......but even you must have noticed that your club is hardly mentioned in the media.....you are one big embarrassment to English football.

[SW5 SAINT]

I was just listening to the Motherwell Chairman on SSN, in regard to Cardiff's debt to them. Good job for him he didnt have dealings with poopey - he would have died of an apopletic (thinks thats how you spell it) fit!!

[Jimmy_D]

All this talk about it not being the fans fault is bull hooks anyway. If that's the case then they can't celebrate beating us, that was nothing to do with them either. Their fans will just have to put up with the cheats label. In any case, I'm beginning to wonder if their takeover is ever actually going to go through, even with the cva agreed.

[mack rill]

All this talk about it not being the fans fault is bull hooks anyway. If that's the case then they can't celebrate beating us, that was nothing to do with them either. Their fans will just have to put up with the cheats label. In any case, I'm beginning to wonder if their takeover is ever actually going to go through, even with the cva agreed.

 

Don't worry the takeover will be completed,,,,,,,,,just after the window is closed,

Old chiny is hear just to screw us, not to invest in some transfer window.

[Micky]

I was just listening to the Motherwell Chairman on SSN, in regard to Cardiff's debt to them. Good job for him he didnt have dealings with poopey - he would have died of an apopletic (thinks thats how you spell it) fit!!

 

But to be fair he maketh a very very good point. Owed 200k by Cardiff and no sign of the 'cheque in the post', I'd be somewhat peed off if I found out that they had loaned a player who probably earns that in a month.

 

It is exactley the sort of deal the the Blue Few were allowed to get away with on a much larger scale - there is no difference to what they did. It is amazing that the FL are taking no action - especially given Cardiffs recent history with the tax man.

 

But at the end of the day - after the saga down the road, it appears that you can more or less do as you please when running a club these days. There are no ethics.

[Fowllyd]

Any Pompey fan who reads This and thinks they're saved must be bonkers. As I read it all I could hear was the sound of hope disappearing over the horizon.

 

I particularly enjoyed this little snippet:

 

They point out that they are not taking 'one penny' from the club. Questions have been raised over £4m taken out following the sale of Younes Kaboul to Tottenham. Mr Chainrai says they had borrowed this money from 'a friend' with the agreement that they would be repaid after the transfer had taken place.

 

Priceless, just priceless.

[Dark Munster]

For pfc123

 

You seem to mentione the 7mil paid against a loan of 23 with NU... you forget the 7 years at nearly 2 mil a year that WAS paid in repyments and interest so they got a total of around 21 mil, which OK is not full payment but we did NOT take this debt on when we were already in debt, but when we were in the black and when we could afford it - It was precisely because we did NOT Cheat and buy expensive players to maintain our premiership status which we could not afford, that we were relgated. Subsequent owners tried in vain, but made genuine mistakes/errors of judgement in the transfer market/manager selection which caused a further revenue loss on relegation to L1... our problems were NOT caused by reckless spending nor driven on the hope of success - it was also because it was invested in solid infrastructure that we found a decent honest buyer... had you actually spent 40% of that debt on a decent ground, another 10% on a decent training facilty, you might have actually attracted an honest buyer, but would unlikely have been in the prem for 7 years or won the cup... its that simple point you repeatedly fail to understand, and why there has been so much vitriol sprewed in the Pompey direction.

Sums the cheats up perfectly. But most of the blue few refuse to accept it.

[West End Saint]

Whilst I am gutted they won the case against the tax man and somehow look to have avoided a points deduction it seems that there still may be some justice.

 

The owners wont take control until the window shuts they still need to sell players to meet there finance commitments so in a very tough league with a small and weak squad we can hope that they will struggle and get relegated.

 

Fingers crossed the fishy few still get there karma

[positivepete]

I am sure HMRC will add this to their image rights case:

 

http://www.guardian.co.uk/football/2010/aug/17/craig-bellamy-roberto-mancini-cardiff

 

How can Bellamy be paid image rights by Man City when he is playing for Cardiff?

[Corporate Ho]

You have no shame. For the 2ND time you have robed from family businesse schools charities etc, hang your head.

 

Nick Nack, I'm not sure how many times I've explained this to you but please try and understand once and for all. Instead of banging on about how we've been in admin twice, read and understand that the first time we went into admin was because Martin Gregory ****ed up the family business he took over from his father and loaded millions in loans onto the football club to keep Blue Star garages going. Quite how that is the fault of the club or something the fans should be ashamed of is beyond me. Perhaps you could explain it for me you addled old ****

 

they still have the feelgood factor of the cup final

 

PMSL. Oh yeah, there's a massive feelgood factor around Pompey fans at the moment. WAC

 

This is the problem most football fans have with pompey... on the one hand you (perhaps rightly) have been arguing the point that the financial mess is NOT the fans fault' date=' that you could do nothing about it... but on the other fail to acknowledge that what the club did, has done, and looks like continuing to do, is in effect cheat, and avoid a suitable punishment because of timing simply because the Prem and FL are seperate entitities...[b']and the fans are loving the fact they got away with it[/b]... fine if you feel happy with that as its simply a matter of your own personal moral and ethical stance and that of the vast majority of your fans.. personally, I would be pretty ashamed of my club, not proud that it had escaped any meaningful punishment for builing up 10mil of debt to fund blip of success... then ****ing off without paying.. shameful really.

If you cant see that, then it highlights ignorance and a complete lack of what this is really all about. I have several friends who are pompey fans and they are NOT boasting or happy right now as they feel they have no right to do so, and they have my respect for that. The attitude you display above (which seems more common) is why there is such a response to your predicament...

 

So, the "vast majority of our fans" are loving that we got away with it, yet every Pompey fan you know personally is not boating or happy right now. Anyone else see the problem with these comments. The "majority" that you don't know you believe are loving it yet the ones you do know aren't. Mmm, nice logic there FC

 

For pfc123

 

It was precisely because we did NOT Cheat and buy expensive players to maintain our premiership status which we could not afford, that we were relgated. Subsequent owners tried in vain, but made genuine mistakes/errors of judgement in the transfer market/manager selection which caused a further revenue loss on relegation to L1... our problems were NOT caused by reckless spending nor driven on the hope of success - it was also because it was invested in solid infrastructure that we found a decent honest buyer... had you actually spent 40% of that debt on a decent ground, another 10% on a decent training facilty, you might have actually attracted an honest buyer, but would unlikely have been in the prem for 7 years or won the cup... its that simple point you repeatedly fail to understand, and why there has been so much vitriol sprewed in the Pompey direction.

 

Remind me, weren't you the Championship club who spunked the biggest amount on transfers the season before you went into admin in a mad gamble to get promoted. Pots and kettles. Conveniently forgotten on here. Spending money you didn't have. Cheats etc etc etc etc etc

 

You are right no one cares about you lot.

 

But living in London I speak/socialise/work with various fan of clubs and the vast majority have pegged you as cheats.....esp. for the you have cheated local businesses, charities and the tax man.

 

Get used to it! The media might still occasionally pipe on about the wonderful blue few......but even you must have noticed that your club is hardly mentioned in the media.....you are one big embarrassment to English football.

 

You live in LONDON? Oh my God, how cosmopolitan. And you know LONDON people. Gosh, I'm in awe.

 

I work in London. I work for a very large company with all sorts of football fans. None of the ones I've spoken to think we're cheats. They look at us the same way as Leeds - as a club who "chased the dream". Seeing as most of the clubs they support are in huge debt too they acknowledge it could happen to any of them. Keep believing that everyone thinks we're "cheats" though and one day you may even convince yourself

[ohwhenthesaints]

I work in London. I work for a very large company with all sorts of football fans.

 

Big Mac please.

 

Nah but seriously, how do you honestly feel about the way your club has acted? Do you think you have cheated by not paying taxes or local businesses and instead spending the money on players? I'm not trying to argue, I just want to know how you feel about this whole sorry mess. Also, what do you think Chanrai's intentions are and do you think he is the right man to take over again?

[OldNick]

Nick Nack, I'm not sure how many times I've explained this to you but please try and understand once and for all. Instead of banging on about how we've been in admin twice, read and understand that the first time we went into admin was because Martin Gregory ****ed up the family business he took over from his father and loaded millions in loans onto the football club to keep Blue Star garages going. Quite how that is the fault of the club or something the fans should be ashamed of is beyond me. Perhaps you could explain it for me you addled old ****

 

 

 

PMSL. Oh yeah, there's a massive feelgood factor around Pompey fans at the moment. WAC

 

 

 

So, the "vast majority of our fans" are loving that we got away with it, yet every Pompey fan you know personally is not boating or happy right now. Anyone else see the problem with these comments. The "majority" that you don't know you believe are loving it yet the ones you do know aren't. Mmm, nice logic there FC

 

 

 

Remind me, weren't you the Championship club who spunked the biggest amount on transfers the season before you went into admin in a mad gamble to get promoted. Pots and kettles. Conveniently forgotten on here. Spending money you didn't have. Cheats etc etc etc etc etc

 

 

 

You live in LONDON? Oh my God, how cosmopolitan. And you know LONDON people. Gosh, I'm in awe.

 

I work in London. I work for a very large company with all sorts of football fans. None of the ones I've spoken to think we're cheats. They look at us the same way as Leeds - as a club who "chased the dream". Seeing as most of the clubs they support are in huge debt too they acknowledge it could happen to any of them. Keep believing that everyone thinks we're "cheats" though and one day you may even convince yourself

the old yellow belly has returned. Not a peep during the dark days lol.

I don't care how you dress it up the club you spout about have twice robbed small businesses.

I still feel bad that saints did so, but to a degree they took the bank and so not quite like charities and schools.

Pompey are tainted and you will still come on and tell world how wonderful it is seen but more and more neutrals are starting to see what your club is all about.

On sunday i saw a WBA fan and he was very much against the way the club has conducted itself and cheated the tax payer. You dont care of that im sure but your 7 years will always be looked on as robbery.

[OldNick]

Big Mac please.

 

Nah but seriously, how do you honestly feel about the way your club has acted? Do you think you have cheated by not paying taxes or local businesses and instead spending the money on players? I'm not trying to argue, I just want to know how you feel about this whole sorry mess. Also, what do you think Chanrai's intentions are and do you think he is the right man to take over again?

Ho only comes on when he feels the clouds are moving away.

[Chopper71]

read and understand that the first time we went into admin was because Martin Gregory ****ed up the family business he took over from his father and loaded millions in loans onto the football club to keep Blue Star garages going. Quite how that is the fault of the club or something the fans should be ashamed of is beyond me. Perhaps you could explain it for me you addled old ****

 

Ho, not everyone will be able to explain it to you, but you need it explained as you are COMPLETELY WRONG. Blue Star Garages had ceased to exist as any kind of company in the eighties - Martin's father had asset stripped a once proud company and flogged it to Amoco. The name lived on and was the holding company of Queens Park Rangers. Now, you went into Admin because you could not generate enough revenue from your couple of thousand fans to cover your costs, and then decided to borrow to meet them, which you then couldn't pay back. The rot started with Jim, and Martin couldn't think of anymore tricks to get out of the hole. Ultimately it comes down to your owners thinking the club is bigger than the amount of fans it has. Get over it - spend within your means and noone will have a problem with you. Carry on cheating and trying to change history on the other hand.....

[Frank's cousin]

For Corporate Ho (will recap using small words as you seem to have completly missed the point)

 

1. You say ''So, the "vast majority of our fans" are loving that we got away with it, yet every Pompey fan you know personally is not boating or happy right now. Anyone else see the problem with these comments. The "majority" that you don't know you believe are loving it yet the ones you do know aren't. Mmm, nice logic there FC''

 

 

 

A. If you look at: this thread, pompey message boards, 606, etc... teh VAST majority feel no shame for their club, If you can point me to a site where the vast majority of fans are angry and feeling circumspect and feel they should be punished, then feel free to do so, but I think you will struggle. You perfectly illustrate the point by defending the 'vast majority' view which is 'we got away with it and are happy about it' - the few (3) pompey fans who i know are indeed older and perhaps wiser and see your predicament for what it is and are humbled by it... that is the exception from what is seen the message boards (pfc123 is the case in point I was criticising)

 

2. you say ''Remind me, weren't you the Championship club who spunked the biggest amount on transfers the season before you went into admin in a mad gamble to get promoted. Pots and kettles. Conveniently forgotten on here. Spending money you didn't have. Cheats etc etc etc etc etc'''

 

A. Are you really that stupid? Firstly the 7 mil that was spent under a transient board was money WE HAD IN THE BANK - not borrowed, not loaned, but money we had in the bank, so no debt incurred by it, thats the first point. The second is that about 50% of us fans were NOT FECKIN happy with this - for several reasons, and the anger seen on these boards and the divisions in caused amongst teh fan base are only just healing - the reason, becaiuse some of us felt we should keep that cash for a rainy day and not risk it all on a promotion push, other disagreed. I have no pleasure in being right and I think OUR CLUB's BOARD was wrong to do it at the time... but hey it did not work, we were relegated again and went into admin AND had a penalty against us that meant something last season... which the vast majority of our fans accept... Seriously if you cant see the difference between that and what you did, you must be seriously challenged in the brain department...

[EastleighSoulBoy]

Remind me, weren't you the Championship club who spunked the biggest amount on transfers the season before you went into admin in a mad gamble to get promoted. Pots and kettles. Conveniently forgotten on here. Spending money you didn't have. Cheats etc etc etc etc etc

 

I think you'll find that we had that as cash?

[redkeith]

Says on the Skates officail site that they have sold boatang, and let four nippers go, to reduce their squad size.

 

It would be nice if the league said that yes, they can replace the four teenagers, as long as the replacements are paid the same wages. However it is more likely that they will be replaced by some loanees, or free transfers on £10,000 a week plus 'image rights'.

[Scummer]

Says on the Skates officail site that they have sold boatang

 

They've sold him to Genoa, who have then immediately loaned him to AC Milan for the season and Milan have an option to sign him next summer.

 

Nothing odd going on there then.................

[pfc123]

As for The News they churn out whatever AA or Storrie have wants them to churn out, the £8m appears to be dependant on selling KPB for anywhere around £5m

 

Kerching!! Right, so that's another hurdle safely negotiated. Year one CVA commitment already achieved. Next hurdle is to officially come out of administration, hopefully before the window shuts if we can negotiate it with the league.

 

If not, being realistic, it might be a struggle to stay in the Championship. Still, at least we're starting to pay our way I suppose....

[pfc123]

They've sold him to Genoa, who have then immediately loaned him to AC Milan for the season and Milan have an option to sign him next summer.

 

Nothing odd going on there then.................

 

Don't think it's anything devious. Looks like they're hoping to make a profit on him if he has a good season with AC.......

[JackFrost]

Kerching!! Right, so that's another hurdle safely negotiated. Year one CVA commitment already achieved. Next hurdle is to officially come out of administration, hopefully before the window shuts if we can negotiate it with the league.

 

If not, being realistic, it might be a struggle to stay in the Championship. Still, at least we're starting to pay our way I suppose....

 

No it hasn't.

 

The sale of Boateng has merely put the figure up to around £9m, which was what The News was claiming would happen if KPB was sold

 

Assuming The News is even correct about the transfer figure being revised from £15m, you still need to get to £12m

 

So far you've sold

 

KPB - 5m

 

Belhadj - 3.5m

 

Diop - £250,000

 

Am I missing something or has pfc been taking financial management lessons from Peter Storrie?

Edited 18 August, 2010 by JackFrost

[Frank's cousin]

Dont forget, that the players will be getting part of that transfer fee in terms of contract termonation, and agents will get a cut, so 5mil will usually be about 3.8 in the clubs pocket.....

[JackFrost]

Dont forget' date=' that the players will be getting part of that transfer fee in terms of contract termonation, and agents will get a cut, so 5mil will usually be about 3.8 in the clubs pocket.....[/quote']

 

so if the £9 million is fairly accurate Pompey will be lucky to see about £7million of that

[OldNick]

Dont forget' date=' that the players will be getting part of that transfer fee in terms of contract termonation, and agents will get a cut, so 5mil will usually be about 3.8 in the clubs pocket.....[/quote']

VAT and paye as well.........ooooooh

 

the administrator will have a slice as well

[positivepete]

I saw on SSN that the Football League are not yet registering Bellamy's move to Cardiff. To paraphrase "we will not let clubs take on new commitments if they have not discharged others".

It will be interesting to see if this rule is applied across all the clubs in the league.

[Faz]

Even if the figure is £12m they are £3m-£5m short of that target (+ need to find £4m in January) with no-one of any vaue left to sell. The only place they can get anywhere near saving that amount of money is on the playing side. Unless Chennery is prepared to dip into his own pocket again, and the interview in the News didn't read like that was going to happen. The free transfers are gone, and they can't afford, probably, to pay loan fees for season long loans.

 

It's going to be an interesting couple of weeks until the window closes. They simply have to get the remaining big earners off their books. If Wislon goes, after all Cotterills bluster, then the writing really is on the wall.

[pfc123]

Even if the figure is £12m they are £3m-£5m short of that target (+ need to find £4m in January) with no-one of any vaue left to sell. The only place they can get anywhere near saving that amount of money is on the playing side. Unless Chennery is prepared to dip into his own pocket again, and the interview in the News didn't read like that was going to happen. The free transfers are gone, and they can't afford, probably, to pay loan fees for season long loans.

 

It's going to be an interesting couple of weeks until the window closes. They simply have to get the remaining big earners off their books. If Wislon goes, after all Cotterills bluster, then the writing really is on the wall.

 

Relax. We'll be just fine

[andysstuff]

Relax. We'll be just fine

 

Unfortunately, I believe you.

[Dark Munster]

 

I work in London. I work for a very large company with all sorts of football fans. None of the ones I've spoken to think we're cheats. They look at us the same way as Leeds - as a club who "chased the dream". Seeing as most of the clubs they support are in huge debt too they acknowledge it could happen to any of them. Keep believing that everyone thinks we're "cheats" though and one day you may even convince yourself

Remind me, how many teams in the Premier League have gone into administration, despite receiving tens of millions in Sky money (which teams outside the PL don't get)? Or brought in players they couldn't afford, even while being in administration, and lying to the PL about that? Or have illegally continued operating despite being insolvent (and lying to the court about that)? Or inflated their unsecured debt to force a creditor below the 25% mark and deny them a legitimate CVA veto?

 

Cheating, lying bastards.

[Channon's Sideburns]

Just a thought on Boateng.

 

Have the cheats actually paid for him from Spurs yet? That should reduce their little total a bit....

[pfc123]

Remind me, how many teams in the Premier League have gone into administration, despite receiving tens of millions in Sky money (which teams outside the PL don't get)? Or brought in players they couldn't afford, even while being in administration, and lying to the PL about that? Or have illegally continued operating despite being insolvent (and lying to the court about that)? Or inflated their unsecured debt to force a creditor below the 25% mark and deny them a legitimate CVA veto?

 

Cheating, lying bastards.

 

I'll say it again: No-one outside the SO postcode cares. They really don't. Anecdotal evidence such as "Well, the XYZ FC fans I spoke to at the weekend are outraged at cheating, lying Pompey," probably only ventured a supportive, anti Pompey opinion after it was raised and ranted on about by one of your good selves!

 

Within five minutes of the conversation ending it's tomorrow's chip paper again. It's happened to too many clubs up and down the country to have the mass shock/horror/outrage effect you'd like to think every football fan is feeling about nasty old Pompey...

 

You're all only bitter and twisted about it because our badly run club was better at damage limitation than your badly run club. All the bleating and woe-is-me gnashing of teeth on behalf of poor 'Terry the builder' and his like doesn't disguise the fact that all the mock outrage is purely driven by hatred of us, your nearest rivals....

[Wes Tender]

You're all only bitter and twisted about it because our badly run club was better at damage limitation than your badly run club. All the bleating and woe-is-me gnashing of teeth on behalf of poor 'Terry the builder' and his like doesn't disguise the fact that all the mock outrage is purely driven by hatred of us, your nearest rivals....

 

You really are clueless. It isn't mock outrage driven by hatred. It is genuine pity, that the thicker ones amongst you feel no shame for the immoral and corrupt way that your little club has been run into the ground by crooks and charlatans.

 

Frankly, if you believe for one second that there has been a policy applied to your mess of damage limitation and that it has in any way been a success, you are clearly deluded. Most see Pompey as a joke, from the tattooed oaf W******d to the only two Arab owners without any money, one of whom added further comedy value by seemingly not existing at all.

 

So to recap; we pity you and have a good laugh at you. And I'm hopeful that there are still many good belly laughs yet to come.

[pfc123]

Oh, it's merely pity is it? Sorry, 32583 posts and over a million views would suggest otherwise....

[Whitey Grandad]

Oh, it's merely pity is it? Sorry, 32583 posts and over a million views would suggest otherwise....

 

Some of those 32583 will have been yours....

[Micky]

Kerching!! Right, so that's another hurdle safely negotiated. Year one CVA commitment already achieved. Next hurdle is to officially come out of administration, hopefully before the window shuts if we can negotiate it with the league.

 

If not, being realistic, it might be a struggle to stay in the Championship. Still, at least we're starting to pay our way I suppose....

 

I sort of admire your 'two fingers in the air' attitude towards everybody (probably just one finger for us - but hey ho - the feeling is mutual). The thing is though, if you actually read and analyse the last ten words of your post you might, just might, understand why so many think that you have got away with daylight robbery.

 

I can honestly say that had our club behaved in the same manner as yours has then the stench would be too much for me - and I would have probably just walked away.

 

I actually wish you all the best - but to feel any sort of satisfaction about how you came to be in your current position, frankly shows a complete lack of any class whatsoever. You are obviously a much better outfit than we are, your league position is testiment to that, you have won loads of trohphies - loads more than us, yet I feel very, very happy to support a club that is languishing below you. Damn strange that.