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Pompey Takeover Saga

Fitzhugh Fella

By Fitzhugh Fella,
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COMEONYOUREDS

COMEONYOUREDS

Posted
Posted

A response from FL, important bit in bold:

 

Many thanks for your email.

 

Due to the fact that Portsmouth FC is in administration, The League is currently monitoring many aspects of the club, one of which being regulations regarding their playing squad. However, as you can appreciate in the current situation we are therefore unable to comment or speculate on any resolution at this moment.

With regards to their playing squad, as is Football League policy, clubs have to be able to field a team and players may be permitted to be registered to enable this to happen. In Portsmouth’s case they had a number of first year professionals on their books but under League regulations first year professionals do not count towards the requisite number of 20 for a first team squad. In addition Portsmouth had recently sold and loaned out players. Due to their shortage of players (and based on the ’20 man squad’ rule) the League approved some loan arrivals at the club.

 

It would be fair to suggest that the releasing and loaning out of players is vital for the club to reduce debt/wage bill so that is something that will always happen in the event of an administration. The League has simply applied the rules voted in by all member clubs and in this instance sanctioned loan signings to enable the club to meet regulations stating that clubs should have a registered first team squad of 20 players (which they still currently do not have). For the first three league games of the season for example they have had a matchday squad of 15 rather than the maximum 18.

 

It is also worth stating that The League does not run these member clubs. When a private company suffers an insolvency event or encounters financial problems it falls under the remit of the insolvency law that operates in this country. The League is there to offer advice in relation to our policies and regulations. We are not there to ‘bail clubs out’ or take over the running of the clubs. That is a matter for the owners or, should they be appointed by the court, the administrators.

 

Thanks again for your email and your points have been noted but the League are working with the club on an on-going basis and no decision will be taken relating to any Football League action until the administration exit process in place at the Club becomes clearer.

Regards,

 

Andrew Pomfret

Customer Services Officer

The Football League Limited

Email - enquiries@football-league.co.uk

http://www.football-league.co.uk

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100%Red&White

100%Red&White

Posted
Posted
the League are working with the club on an on-going basis

 

Interesting.. so they could still be hit with some points deductions....

 

Or - conspiracy, conspiracy - "the League are working with the club on an on-going basis" trying to smooth the way to help them 'get away with it' once again.

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redkeith

redkeith

Posted
Posted

Just seen that they have signed Flahavan on a months contract. Looking at their squad page on the Skatesweb, they now have 20 players listed, although that does include gregory, and another young player that they won't put on the bench.

 

This doesn't give them much room to sign the two Stoke players, or Kanu for that matter.

 

I can see frantic few days coming, as they try to manipulate the numbers to get a few new players in and stay under the 20 player limit.

 

I would imagine that out of contract players, such as Kanu and HH, will be left on the shelf until they come out of admin, so that they can get the strongest squad possible. Even then they will probably still bleat on about how unfair it all is.

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rallyboy

rallyboy

Posted
Posted

Funny how AA seems to think they can sign players and the FL think they can't, then again AA couldn't make up his mind whether Kanu was still under contract and on huge wages or unregistered and unsignable a while back.

 

Could this be a three year contract on crazy wages, or on lower wages because Kanu knows that he will only have to play one season and then they'll need to pay him off, thus giving him three years money for one year playing, guaranteed by the football creditor rule whatever happens?

 

Another plank of deadwood to clutter the sinking ship.

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BigShadow

BigShadow

Posted
Posted

 

Another plank of deadwood to clutter the sinking ship.

 

Hmmm - Slow, aging 34 year old Striker gets 3 year contract with championship club.

 

If someone told you the above without mentioning names - somehow you'd instantly know it could only be our friends down the M27.

 

Anyone want to open a book on how many minutes he actually plays during the season?

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Jimmy_D

Jimmy_D

Posted
Posted
Hmmm - Slow, aging 34 year old Striker gets 3 year contract with championship club.

 

If someone told you the above without mentioning names - somehow you'd instantly know it could only be our friends down the M27.

 

Anyone want to open a book on how many minutes he actually plays during the season?

 

I'll go for a grand total of 135.

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OldNick

OldNick

Posted
Posted
A response from FL, important bit in bold:

 

Many thanks for your email.

 

Due to the fact that Portsmouth FC is in administration, The League is currently monitoring many aspects of the club, one of which being regulations regarding their playing squad. However, as you can appreciate in the current situation we are therefore unable to comment or speculate on any resolution at this moment.

With regards to their playing squad, as is Football League policy, clubs have to be able to field a team and players may be permitted to be registered to enable this to happen. In Portsmouth’s case they had a number of first year professionals on their books but under League regulations first year professionals do not count towards the requisite number of 20 for a first team squad. In addition Portsmouth had recently sold and loaned out players. Due to their shortage of players (and based on the ’20 man squad’ rule) the League approved some loan arrivals at the club.

 

It would be fair to suggest that the releasing and loaning out of players is vital for the club to reduce debt/wage bill so that is something that will always happen in the event of an administration. The League has simply applied the rules voted in by all member clubs and in this instance sanctioned loan signings to enable the club to meet regulations stating that clubs should have a registered first team squad of 20 players (which they still currently do not have). For the first three league games of the season for example they have had a matchday squad of 15 rather than the maximum 18.

 

It is also worth stating that The League does not run these member clubs. When a private company suffers an insolvency event or encounters financial problems it falls under the remit of the insolvency law that operates in this country. The League is there to offer advice in relation to our policies and regulations. We are not there to ‘bail clubs out’ or take over the running of the clubs. That is a matter for the owners or, should they be appointed by the court, the administrators.

 

Thanks again for your email and your points have been noted but the League are working with the club on an on-going basis and no decision will be taken relating to any Football League action until the administration exit process in place at the Club becomes clearer.

Regards,

 

Andrew Pomfret

Customer Services Officer

The Football League Limited

Email - enquiries@football-league.co.uk

http://www.football-league.co.uk

 

Lol I wonder how many Saints fans have been onto the FL? as that was a reply i also got regarding Pompey

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Deano6

Deano6

Posted
Posted
But surely the CVA acceptance was predicated on player sales? Were the creditors aware of this, I wonder? If not, might that have affected their vote?

 

More questions than answers it seems.

 

Makes sense as to why they had to raise £15m player sales to fund the £3m CVA in the first year. Since Balram hasn't been taking his cut maybe they are in a better position than we thought. Some of that will be going towards agents fees / sell ons etc tho.

 

Just seen that they have signed Flahavan on a months contract. Looking at their squad page on the Skatesweb, they now have 20 players listed, although that does include gregory, and another young player that they won't put on the bench.

 

This doesn't give them much room to sign the two Stoke players, or Kanu for that matter.

 

I can see frantic few days coming, as they try to manipulate the numbers to get a few new players in and stay under the 20 player limit.

 

I would imagine that out of contract players, such as Kanu and HH, will be left on the shelf until they come out of admin, so that they can get the strongest squad possible. Even then they will probably still bleat on about how unfair it all is.

 

Perry Ryan, Ellis Martin, Peter Gregory and Billy Goddard are first year pros and are not counted towards the squad. They do also have Tom Kilbey who they are choosing not to register / list. He hasn't ever played a competitive match even tho they signed him from Milwall in 2007, sent him on loan to Dagenham & Redbridge last year and went on the US pre-season tour (he scored in the first match). I think he's injured at the moment so they've been holding him back.

 

Therefore their squad, excluding those players and therefore counting towards the 20 are:

 

GK

1) Jamie Ashdown (signed pre-season ; free agent)

2) Liam O'Brien (trying to send him out on loan)

3) Darryl Flahavan (signed this week ; free agent)

 

DEF

4) Carl Dickinson (signed early in season ; loan from Stoke)

5) Aaron Mokoena (may be off if bid comes in)

6) Joel Ward

7) Ibrahima Sonko (signed pre-season ; loan from Stoke)

 

MID

8) Matt Ritchie

9) Marc Wilson (probably off)

10) Hayden Mullins

11) Michael Brown

12) Richard Hughes

13) Marlon Pack

 

FW

14) Danny Webber

15) David Nugent (surprised no one bid for him in the end)

16) John Utaka (probably off)

17) Tommy Smith

18) Nadir Ciftci

19) Kanu (signed today ; free agent)

 

Now it's looking likely Utaka and Wilson will be off, with Dave Kitson and Liam Lawrence replacing them. That leaves one spot in the squad.

 

Hermann Hreiðarsson is at the club but not being offered a contract until his injury clears up. Similarly as I mentioned Tom Kilbey is knocking about but not being registered.

 

It seems like they will need to be sending out a few more youngsters on loan if they want to sign anyone else. They've already been touting around Liam O'Brien, and even said signing Flahavan was dependent on sending O'Brien out.

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sidthesquid

sidthesquid

Posted
Posted
Funny how AA seems to think they can sign players and the FL think they can't, then again AA couldn't make up his mind whether Kanu was still under contract and on huge wages or unregistered and unsignable a while back.

 

Could this be a three year contract on crazy wages, or on lower wages because Kanu knows that he will only have to play one season and then they'll need to pay him off, thus giving him three years money for one year playing, guaranteed by the football creditor rule whatever happens?

 

Another plank of deadwood to clutter the sinking ship.

 

Sounds like a messy compromise to avoid another court case about the master-negotiator offering a contract they can't afford.

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dubai_phil

dubai_phil

Posted
Posted
Makes sense as to why they had to raise £15m player sales to fund the £3m CVA in the first year. Since Balram hasn't been taking his cut maybe they are in a better position than we thought. Some of that will be going towards agents fees / sell ons etc tho.

 

 

 

Perry Ryan, Ellis Martin, Peter Gregory and Billy Goddard are first year pros and are not counted towards the squad. They do also have Tom Kilbey who they are choosing not to register / list. He hasn't ever played a competitive match even tho they signed him from Milwall in 2007, sent him on loan to Dagenham & Redbridge last year and went on the US pre-season tour (he scored in the first match). I think he's injured at the moment so they've been holding him back.

 

Therefore their squad, excluding those players and therefore counting towards the 20 are:

 

GK

1) Jamie Ashdown (signed pre-season ; free agent)

2) Liam O'Brien (trying to send him out on loan)

3) Darryl Flahavan (signed this week ; free agent)

 

DEF

4) Carl Dickinson (signed early in season ; loan from Stoke)

5) Aaron Mokoena (may be off if bid comes in)

6) Joel Ward

7) Ibrahima Sonko (signed pre-season ; loan from Stoke)

 

MID

8) Matt Ritchie

9) Marc Wilson (probably off)

10) Hayden Mullins

11) Michael Brown

12) Richard Hughes

13) Marlon Pack

 

FW

14) Danny Webber

15) David Nugent (surprised no one bid for him in the end)

16) John Utaka (probably off)

17) Tommy Smith

18) Nadir Ciftci

19) Kanu (signed today ; free agent)

 

Now it's looking likely Utaka and Wilson will be off, with Dave Kitson and Liam Lawrence replacing them. That leaves one spot in the squad.

 

Hermann Hreiðarsson is at the club but not being offered a contract until his injury clears up. Similarly as I mentioned Tom Kilbey is knocking about but not being registered.

 

It seems like they will need to be sending out a few more youngsters on loan if they want to sign anyone else. They've already been touting around Liam O'Brien, and even said signing Flahavan was dependent on sending O'Brien out.

 

Now, seeing as for once I am fully experienced in the matter of managing Football Teams on the big stage, I think I may be qualified to pass a sensible comment here.

 

Would I be right in assuming that i can see the hand of King Kevin Keegan at poopey?

 

It's an 11 a-side game as I recall, and about the only person in English Football who has ever tried to play football with NO defenders is King Kev in his score more days at Newcastle when he signed every forward or AM in the market.

 

Clearly AA is from the same stable.

 

They have FOUR defenders on their books.

 

So he goes out and signs Kanu

 

And is after Kitson on loan.

 

That is the best news I've heard from this thread for weeks.

 

FOUR defenders for the entire season in their squad of 20.

 

Oh delight, Hell even I know you need at least ONE more than that to sit on the bench

 

PMSL brilliant

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Causer

Causer

Posted
Posted
Now, seeing as for once I am fully experienced in the matter of managing Football Teams on the big stage, I think I may be qualified to pass a sensible comment here.

 

Would I be right in assuming that i can see the hand of King Kevin Keegan at poopey?

 

It's an 11 a-side game as I recall, and about the only person in English Football who has ever tried to play football with NO defenders is King Kev in his score more days at Newcastle when he signed every forward or AM in the market.

 

Clearly AA is from the same stable.

 

They have FOUR defenders on their books.

 

So he goes out and signs Kanu

 

And is after Kitson on loan.

 

That is the best news I've heard from this thread for weeks.

 

FOUR defenders for the entire season in their squad of 20.

 

Oh delight, Hell even I know you need at least ONE more than that to sit on the bench

 

PMSL brilliant

 

I didn't know Burley was there manager, maybe we should start a Pompey CB watch thread

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Jimmy_D

Jimmy_D

Posted
Posted
Think we are all waiting for the FL to show they have a pair and enforce this rubbish transfer embargo. Until then or a fault on the CVA there doesn't seem like much news.

 

Plus our club is far more interesting now. :)

 

Don't fall for Pompey's PR.

 

The FL have allowed one loan so far, Sonko, which is more than covered by their emergency conditions clause. THAT IS ALL.

 

If the FL allow anyone else to sign for them, then complain, but as things stand, it's all Pompey saying that everything is ok, with not a lot of evidence to back it up.

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Dark Munster

Dark Munster

Posted
Posted
THis is interesting..

 

http://www.portsmouth.co.uk/frattonlatest/Andronikou-Chainrai-won39t-cash-in.6498223.jp

 

So Charai has a debenture on the entire squad, emaning he is legally allowed to take 80% from any sale of any player....

 

Blimey!

 

 

 

He's not taken advantage of it yet, except for that bit at christmas when he trousered £4m from the sale of whats his name....

 

So he can get all the players sold, pocket 80% of the cash and still own the club...leaving a dead club and some nice real estate worth a fair old whack that Gaydamak can then flog... meaning both would get a nice payday...

Comment number 12:

Frattonman, London 27/08/2010 12:22:05

 

4 court cases with HMRC and still heavily in debt so how do the FL let them bring players in like Bellamy. I except Cardiff are'nt in administration but still feel its wrong that they are getting away with it.

 

:lol::lol::lol::lol:

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Dark Munster

Dark Munster

Posted
Posted
Due to the fact that Portsmouth FC is in administration, The League is currently monitoring many aspects of the club, one of which being regulations regarding their playing squad. However, as you can appreciate in the current situation we are therefore unable to comment or speculate on any resolution at this moment.

 

 

 

With regards to playing squad, as is Football League policy, clubs have to be able to field a team and players may be permitted to be registered to enable this to happen. In Portsmouth’s case they had a number of first year professionals on their books but under League regulations first year professionals do not count towards the requisite number of 20 for a first team squad. In addition Portsmouth had recently sold and loaned out players. Due to their shortage of players (and based on the ’20 man squad’ rule) the League approved loan arrivals at the club (one player has since joined them on loan during the close season – Ibrahima Sonko).

 

The above came from the FL

 

But the bloody point is that some of these weren't cost cutting, just getting rid of shite. Cheating, lying bastards.

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S-Clarke

S-Clarke

Posted
Posted
I can't believe what player in their right mind would want to go there at the moment.

 

ditto,

 

the interviewer actually asked if the 2 players wanted to come and Contrill said ''yes, they both want to come here and everything on that front is pretty much done.''

 

bizzare moves for both, seeing as Lawrence was set for a move to Celtic at one point.

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Jimmy_D

Jimmy_D

Posted
Posted
ditto,

 

the interviewer actually asked if the 2 players wanted to come and Contrill said ''yes, they both want to come here and everything on that front is pretty much done.''

 

bizzare moves for both, seeing as Lawrence was set for a move to Celtic at one point.

 

He then went on to say "we're closer to agreeing personal terms with one than the other" so seems like niether has actually finally agreed yet.

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rallyboy

rallyboy

Posted
Posted

about as long as he lasted on Horton Heath industrial estate.

 

Cotterill made it clear that of the three players involved needing to agree personal terms for this deal to work, one was close, and the other two were still haggling - which sounds like 0 out of 3 - a far from done deal.

Presumably one of the greedy incoming wants them to break the already ludicrous wage limit.

This will be a test of AA's resolve.....Not.

They will never have to pay the terms as the Prem or the FA will have to cover it as a football debt should his boss liquidate the business, so AA can agree any terms they demand with no intention of honouring them.

 

Oh well, tonight it looks like our own eternal pessimist Nick may be drifting back into 'wrong' again, we shall see how the table looks in a few months, the jury is still out but all 12 are shaking their heads and doing that 'knife across throat' action...

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