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Pompey Takeover Saga


Fitzhugh Fella

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SSN make me quite sick, with their fawning attitude to the southern cheats. Just been banging on about how strong their team looks, and is climbing the table, you think they'd be asking how, if they are so broke, how they have managed to accumilate all these 'premier' quality players..............so Boo SSN, ask the tough questions, stop making out how hard done by the cheats are!

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How does the saying go? Smell the burning Martyrs. So, as predicted they have run out of cash.

 

Many companies survive long periods in administration as long as their expenditure is less than their income. So clearly the shoestring is frayed, Hacker Young will not accept the liabilities they have run up, and Gaydamak is the next source of cash.

 

In tomorrows episode of Soap, will Sasha make a counter bid, will Milan return Ewing style from the dark side.

 

It is all here on this thread

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If Pompey had played by the rules then I would be certainly be sad to see the clubs demise. The fact is they have continually flouted the rules and cheated to success. Pompey need to be severely punished for this and that is why many are pleased. If you start a new club that climbs through the leagues

(without cheating) then I will have nothing but respect and look forward to continuing the rivalry.

 

 

Spot On!

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The rumour mill in overdrive....

 

"have just spoken to an ex pompey physio who tells me the deal was already to be completed until, Milan signed the deal to walk from Leicester, so he could join the Chanrai group!!!! Gaydamak, having heard this, then threw his toys out, as MM still owes him dough!!!! The deal will be signed this evening!!!!"

 

 

Oh and the supposed source is now an agent,Neil Sillett.

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Remember all this could have been avoided by selling a player autumn last year and paying their tax bill. Or a sale of players in January or by not recruiting so they had the 2.5m.

 

Where is the money from the player sales since the CVA? Does that money not belong to the creditors?

 

Couldn't one of the players or Peter Storrie pay the 2.5m? Of course not. They only take money out.

 

Oh well. Bye Bye. And thanks for all the fish.

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The rumour mill in overdrive....

 

"have just spoken to an ex pompey physio who tells me the deal was already to be completed until, Milan signed the deal to walk from Leicester, so he could join the Chanrai group!!!! Gaydamak, having heard this, then threw his toys out, as MM still owes him dough!!!! The deal will be signed this evening!!!!"

 

 

Oh and the supposed source is now an agent,Neil Sillett.

 

Doesn't tie in with this

http://www.thisisleicestershire.co.uk/sport/Leicester-City-s-Premier-dream-spurring-Milan-Mandaric/article-2790298-detail/article.html

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All this poor poopey in the media is making me gag bestest fans blah blah blah no mention of constant flouting of rules and operating well above there means if the get liquidated they have no one but themselves to blame so I feel no sympathy for them.

 

You just know that they are going to worm there way out it might go to the wire but 1 way or another they will get away with it and that p1sses me off.

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I cannot even look at the BBC sport website at the moment. Who in their right mind in the BBC thought sticking up a slideshow including a close up of John W******d's face, complete with mong expression was a good idea?

Edited by JackFrost
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One last thing. Can all the Bandwagoneers get the f**k off our thread. Where were you c*nts over the past few weeks things had been looking up for Pompey? Nick, Rock, ESB, Rally, Dubai, Ginge, Weston, Gemmel and the regulars who stuck around week in, week out clinging to hopes of Pompey's demise I salut you (You know who you are). The rest of you are a bunch of gutless nomarks, springing up like a bunch of gloryhunting ****s at a Man Utd match, I have zero respect for you and feel your intruding on other Saints fans hard earned vitriol. ;) :D

 

I think it is called a democracy and those who want to view and comment are free to do so.It is not limited to an elite.

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FFS how can they be taken seriously when one club representative is saying we'll be liquidated and another is saying premiership.

 

Last night Twitter was full of Liverpool fans etc sending beloved poorsmouth tweets telling them how sorry they were and they'll 'never walk alone'

 

How many times have we got to go through this facade before others wake up and see what's really happening???

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Although I would ot like the last two derbies ever to have been won by the Skates, I wouldn't mind seeing the back of 'em. I am sure it won't happen though, it's just more brinkmanship. The RSPCA should really get in there to save that poor kitten with the gun at his head.

 

I feel much the same about Cardiff, avoiding a winding up order and then signing Bellamy, and the Owls for signing loads of players this summer when they knew full well that they were behind on their taxes.

 

The Kitson and Lawrence signings should not have been allowed, whilst the club was in admin. The FL should have had the power or will to tell them that by taking less money for Wilson, they were defrauding the creditors.

 

I hope that super Nigel and his free transfers and kids 11, see them of this PM.

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The rumour mill in overdrive....

 

"have just spoken to an ex pompey physio who tells me the deal was already to be completed until, Milan signed the deal to walk from Leicester, so he could join the Chanrai group!!!! Gaydamak, having heard this, then threw his toys out, as MM still owes him dough!!!! The deal will be signed this evening!!!!"

 

 

Oh and the supposed source is now an agent,Neil Sillett.

:lol:

 

How does Mandaric owe Gaydamak money, when it was Gaydamak who was the buyer, not the other way around?! :lol:

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most reports now saying that they will have agreement on Monday.

 

:eek:

 

Oh no, THERE's a shock piece of news

 

 

 

Not

 

 

Let's face it, back on about page 10 of this thread we pointed out the level of quality, integrity and professionalism of the PR machine down the road and the skill sets of the target audience (PES Mero & Mack not withstanding).

 

And here we are 35,000 odd posts later just having it proven to us again.

 

Don't worry this thread will last through the next three owners over the coming 3 seasons

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:eek:

 

Oh no, THERE's a shock piece of news

 

 

 

Not

 

 

Let's face it, back on about page 10 of this thread we pointed out the level of quality, integrity and professionalism of the PR machine down the road and the skill sets of the target audience (PES Mero & Mack not withstanding).

 

And here we are 35,000 odd posts later just having it proven to us again.

 

Don't worry this thread will last through the next three owners over the coming 3 seasons

Phil i disagree ,i believe we are about to face the real vomit time. MM will come back they will strengthen and go on a promotion push and get the PL riches. It is so like the last time they went up, all the other clubs in disarray and them with a good squad and money to push their way up.

When back in the PL they will then have big paydays to fund development.

You have to hold your hand up and say that AA is very good at what he does and that doing anything honest in football is a fools game. Pompey know that both the PL or FL worry more about having the fixtures played than integrity, and uses that to their advantage. it is shamful, but I suppose if it was not Pompey we would not be so interested.

We are a small pool of fans who do give a f###, the rest of football look at them as victims. it is laughable how thick and shallow the average football fan is.

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Apparently, we (the public) will be "surprised" by Baloo's consortium's plans when they take over! May be they will have a p!ss pot?? I was offered cheap tickets to go to the KC today to witness their demise but as we all know they'll get out of it, yet again, I politely declined.

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Could this be Gaydamac Snr revenge day. Chainrai sued him over a business deal, won about £15m which he then plows into PFC to take the toy away from Gaydamac Jnr and then puts in those who were also trying to stitch him up.

 

If the club is liquidated, player contracts void, no other assets and so Chainrai loses his £15m paid to him by Gaydamac Snr after the court case.

 

Hell hath no fury like a gun runner screwed.

 

Fairy Story......perhaps.......Horror Story....you bet.......Reality.......some hope!

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Phil i disagree ,i believe we are about to face the real vomit time. MM will come back they will strengthen and go on a promotion push and get the PL riches. It is so like the last time they went up, all the other clubs in disarray and them with a good squad and money to push their way up.

When back in the PL they will then have big paydays to fund development.

You have to hold your hand up and say that AA is very good at what he does and that doing anything honest in football is a fools game. Pompey know that both the PL or FL worry more about having the fixtures played than integrity, and uses that to their advantage. it is shamful, but I suppose if it was not Pompey we would not be so interested.

We are a small pool of fans who do give a f###, the rest of football look at them as victims. it is laughable how thick and shallow the average football fan is.

 

This is about bubbles & Bullsh1t.

 

Chanrai will not have the wealth to get them up - heck he won't have enough to pay the wages, neither in truth will MM, BUT by pushing out the marketing BS they can make it APPEAR as though they have an established PL club that was hard done by.

 

In the world of Austerity that now exists, there are still huge amounts of investment funds and investors around the world with big bucks to invest and they will not be earning any income UNLESS they lend funds to people.

 

So a "Baloo Consortium" comes in and they have to stump up the cost of the architects plans for the Monkey Chicken Zoo, and trust me the whole game will be about "Flipping" the club. None of the investors today will want to wait around and play PL monopoly, just get in now wave some paper money around and find an Investment fund / person and double their money.

 

I'd be really surprised if the next ownership is the answer to The Few's prayers, simply more of the same and a line of bankrupt shaikhs (Araibic ish for businessman rather than Sheikhs)

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This is about bubbles & Bullsh1t.

 

Chanrai will not have the wealth to get them up - heck he won't have enough to pay the wages, neither in truth will MM, BUT by pushing out the marketing BS they can make it APPEAR as though they have an established PL club that was hard done by.

 

In the world of Austerity that now exists, there are still huge amounts of investment funds and investors around the world with big bucks to invest and they will not be earning any income UNLESS they lend funds to people.

 

So a "Baloo Consortium" comes in and they have to stump up the cost of the architects plans for the Monkey Chicken Zoo, and trust me the whole game will be about "Flipping" the club. None of the investors today will want to wait around and play PL monopoly, just get in now wave some paper money around and find an Investment fund / person and double their money.

 

I'd be really surprised if the next ownership is the answer to The Few's prayers, simply more of the same and a line of bankrupt shaikhs (Araibic ish for businessman rather than Sheikhs)

 

I dont see where you say Chanrai does not have the money. The last time they went up MM threw about 5m at it, i dare say at present the same in jan would do the same.

They have won 4 in 5 and look far too strong for the majority of weak sides in that league. To me it seems a punt worth taking. The PL money is so vast now that being a memeber of the club makes even that club with no assets a propostion for an investor. So in a way i agree that it is a flip deal but a very worthwhile gamble. Of course if they lose today and the next game it will not look so good. That is why I felt they were going to try and limp on until december and then take a view.

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I dont see where you say Chanrai does not have the money. The last time they went up MM threw about 5m at it, i dare say at present the same in jan would do the same.

They have won 4 in 5 and look far too strong for the majority of weak sides in that league. To me it seems a punt worth taking. The PL money is so vast now that being a memeber of the club makes even that club with no assets a propostion for an investor. So in a way i agree that it is a flip deal but a very worthwhile gamble. Of course if they lose today and the next game it will not look so good. That is why I felt they were going to try and limp on until december and then take a view.

 

You seem to be forgetting that the wages need to be paid right up until the end of August, even if they did get promoted. That is gonna cost a whole bunch of beans as ALL their other income is accounted for, even with the 13,000 faithful turning up every couple of months!

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You seem to be forgetting that the wages need to be paid right up until the end of August, even if they did get promoted. That is gonna cost a whole bunch of beans as ALL their other income is accounted for, even with the 13,000 faithful turning up every couple of months!
i understand they have costs to run the business, but what are the rewards if it comes off? Iam as bewildered as anyone to why/how they have got through but it seems they have/will.

It seems that Gaydamek is backing off and doesn't want to hold it up.One thing in this is that i know if SSN put anything on thier ticker they are guessing like the rest of us. They know about as much as we do it seems.

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i understand they have costs to run the business, but what are the rewards if it comes off? Iam as bewildered as anyone to why/how they have got through but it seems they have/will.

It seems that Gaydamek is backing off and doesn't want to hold it up.One thing in this is that i know if SSN put anything on thier ticker they are guessing like the rest of us. They know about as much as we do it seems.

 

It's inevitable that Pompey will be saved by a last minute deal early next week, the only scenario it won't happen is if some of the conspiracy theorists are correct and it's either Gaydamak getting his revenge on Chainrai or HMRC have done a deal with Gaydamak where he gets them closed down in return for HMRC not going after Gaydamak like they've previously threatened to.

 

From what I can see if Pompey don't go up this season they will be serious trouble. They will have to come out of admin to start next season at all and if they do that they will be open to winding up orders from any creditors who aren't getting what they should be receiving (and judging by their current wage bill this appears likely)

 

If Pompey do go up I can see them getting enough dosh to come out of admin, keep their current team and pay off the creditors. I may well be wrong about this as the financials are beyond me but getting to the PL is a massive prize and I can see them worming their way to a far more stable situation than they are currently in. That's when investment may start to materialize on the horizon.

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So if chanrai takes over and starts pumping money into the club how ****ed off will tons minor creditors like local schools and st johns ambulance be that they are getting 20p in the pound.

 

It is not a sad day for football if they go, it's a shameful one when they stay

 

Boo

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I think the value of a Prem return is easily overestimated. Yes, it's a cash cow in the sense that you get a guaranteed income for nothing, but clubs with the Skate's meagre infrastructure simply cannot compete long term without accruing dangerous liabilities. PFC in the Prem next year does not suddenly become a sensible investment. Serious investors in football clubs in recent years plough money in to clubs with infrastructure and potential, not those with a temporary cash flow and massive short-term liabilities. Like Dubai Phil said, they are destined to lurch from one dodgy owner to the next.

 

And I'm not convinced Gaydamak is about to fold either.

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:lol:

 

How does Mandaric owe Gaydamak money, when it was Gaydamak who was the buyer, not the other way around?! :lol:

 

""MM initiated all the loans he never put one pound in and took 30m off SG to go, and kept the land at the back as part of the deal all the funding to go up etc was in loans , SG put his own money in as loans"

 

 

From the same source as before,apparently.

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Portsmyths winner today scored by Nugent, a player whose wage they can afford only by not meeting their tax bill, and paying creditors 20p in the pound. Fair competion is an anathema to the blue few.

 

We wanted Noooooooooge off the books, But no other knut was wiling to pay the wad he is on down hear.So nothing we can do about it. Still at last hes starting to earn it Another good win thats 16 points out of 18 not bad for a side most you pony boys were sure would go a tumbling down the leagues. Oh and don't turn the old toaster on just yet mosh!

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it's clear that they folded as a valid football club somewhere around 2006-7, since then they have been competing illegally and results on the pitch are irrelevant to the sport if you have a squad run by an insolvently trading business - the important thing is whether they can pay off the charities and their own wages now - and if they could manage either of those it would be a real result and worth celebrating.

 

It's nice that one small club can unite the rest of football.

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