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Pompey Takeover Saga

Fitzhugh Fella

By Fitzhugh Fella,
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Saint_John

Saint_John

Posted
Posted
Mandaric's tax fraud case is on Thursday 25th November 2010.

 

Come on Judge Testar, make up for the mistake that Injustice Mann make.

http://www.courtserve.net/courtlists/current/crown/sthwk_T101125.01.htm

Southwark Crown Court No7 at 10:00

 

For Application

T20107134 REDKNAPP Henry J

................ 48C21000020

.................MANDARIC Milan

.................48C21000210

LINKED TO:

T20107431 MANDARIC Milan

.................48C23003310

LINKED TO:

T20097808 STORRIE Peter J

.................48C23015506

LINKED TO:

T20107415 STORRIE Peter J

.................48C60134910

Order made under Contempt of Court Act 1981 - DEFENDANTS NEED NOT ATTEND TODAY

 

As I understand it tomorrow's case is NOT the "Court Case" but an application by the defendants to have the case "dismissed", the real "Court Case" is scheduled for the middle of May, if Judge Testar agrees there is a case to answer, therefore :-

 

Are there any legal ones who could explain :-

1/ Why "Order made under Contempt of Court" note ?

2/ Why only "Applications" by Henry & Milan ? (Does the cases against Storrieteller go ahead in May whatever the result on Friday ?)

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Dark Munster

Dark Munster

Posted
Posted
that is a funny skate report, definitely written for 'local people'.

 

I would suggest that any of their fans who know what a balance sheet is should be fearing dropping beneath the pair of us and Bournemouth within two years - rather than smugly cheering themselves up with fantasy game reports, they might want to check out the parking in Aldershot.

 

And Gemmel me old mucker - you must have it wrong because I had skates telling me only last week that the alleged criminality by senior officers of the club on club business in the name of the club, had nothing to do with....the club...

 

They need to refer to the bloodbath that was Luton v the FL.

 

Unfortunately the FL sans MaWhiney appear to have a lot less teeth.

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tony13579

tony13579

Posted
Posted
Are there any legal ones who could explain :-

1/ Why "Order made under Contempt of Court" note ?

 

I would suspect they might argue that they are being picked on or an abuse of process has occured. Maybe that the investigation and lack of firm allagations are so very weak in thier opinion.

The other side might be holding stronger evidence they will not release untill the final deadline and they have a strong case to answer.

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Saint_John

Saint_John

Posted
Posted

Sorry I had to wait until 6:05 for my 3 post limit.

 

The original case was scheduled for 2 days (thurs & friday).

 

However there is no entry in the schedule for Friday

(http://www.courtserve.net/courtlists/current/crown/sthon_T101126.02.htm ).

Court 7 and the Judge are on to another case it would appear.

 

The only other mention I could find is here :-

http://www.thelawpages.com/court-hearings-lists/Southwark-crown-court.php

 

Which if you look for the first Court 7 and select the "down arrow" it says

Details:For Application - Hearing finished for HENRY JAMES REDKNAPP - 11:47

It doesn't mention what the result was or anything about the other 2 only that the hearing for Henry finish after 1 hr & 47 mins ? Which seem very short to me. If he had won I'm sure he would have been on SSN and all the other media outlets at 11:48.

 

If we think our court cases are slow at releasing information, the "Gun Runner" trial started in Israel in the middle of Oct and there hasn't been a report about the case in over 5 weeks.

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RonManager

RonManager

Posted
Posted
From the Skate news. Just what sort of people are they on that isolated little fish-loving island?

 

trueblue34was1,

NO AMBITION THIS IS A FACT PEOPLE 25/11/2010 18:42:50

when the high profile earners go in january we will be up the greek without a oar .....

 

No need to get Prince Philip sexually involved!!

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pedg

pedg

Posted
Posted

dated today...

 

http://www.guardian.co.uk/football/2010/nov/26/peter-ridsdale-plymouth-argyle

 

While on the subject of Mandaric, he, Peter Storrie and Harry Redknapp are expected in court on 26 January next year. The three are fighting charges of cheating the public revenue and a date has been fixed for January. It should not cause Redknapp too much disruption, since it is midweek between Spurs' away trip to Newcastle United and the FA Cup fourth round. A trial is likely to be at some point next spring.
Sounds like it was not thrown out then? or possibly their appeal to have it thrown out has been delayed till January?
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PES

PES

Posted
Posted

As this thread is Stagnating (much like my beloved Pompey), here's a shot in the arm for those who hate Pompey more than they love Saints.

 

http://www.fansonline.net/pompey-fans/article.php?id=270

 

Hall Right Now: The Gregory Days are Back

 

To fully understand the current situation it is first necessary to disregard what is being said, because it rarely stands up to scrutiny, and to simply look at the facts as we know them.

 

The current owners of Pompey were prepared to buy 50% of the club in July 2009 and became the financiers of the whole operation in October, controlling the clubs bank account, major asset and Executive Officer. That Executive Officer had power of attorney over all of Ali Al Faraj's shares.

 

Their stated reason for doing so was to make a very quick profit. The entirely haphazard and unrealistic pursuit of this profit left Pompey with an additional £16m worth of debt to Portpin. The oft-stated "they saved this club" is an entirely bogus proposition. The club was not saved in October, far from it. The club was in it's last desperate death throws and the people who walked through the door, by their own admission, were all trying to make a fast buck out of the situation - and that is without the alternate theory that it gave messrs Maneh, Yossifoff, Chainrai, Kushnir and Azougy control of an entity that had £40m worth of leverage over the Gaydamaks. Had we gone into administration rather than the hands of Arcadi Gaydamak's creditors the proposition for a new owner would have been to take the club for £1 on condition they could underwrite the rest of the season and a £10m CVA. The caveat raised, rather too enthusiastically by some, is that the club would have been liquidated because the Premier League might not have underwritten our existence. No-one can know, but we do know what happened when we needed the Premier League to make a decision - they advanced the money. We had far more money owing to us at that stage and would almost certainly have had potential new owners queuing around the block - a Premier league club for £1 with £10m debts? Even if you are going down it's a steal. The proposition now is a Championship club for £16m plus £3m CVA payment in March plus underwriting the rest of the CVA, £12m, and meeting £5m of holes in the cash flow. Not much change from £40m worth of commitment - and that is before prising the Gaydamaks from their land.

 

The saddest thing about this new regime is the renewed reliance on spin and the suspicion that the clubs executive have been co-opted into it. The release of a statement claiming the club was on the brink was wholly unnecessary and seriously damaged the clubs credibility. We had hoped that we were now moving forward together and that whatever the ownership we would be able to do business with the executive. The willingness of the clubs employees to co-operate left me feeling that we were again expected to be the pawns in the ongoing war between the Gaydamak family and their creditors as they fight back and forth over our football club. None of what that statement said seems to stack up to me, and it was my hope that one of the executives would have stood up to the desire to embroil the fans in another propaganda operation. I guess they have jobs to protect which is understandable and going forward this is just the way it is - the clubs website is back to being what it has been for many years, Pompey Pravda.

 

Since then we have seen all the "Cotterill my hero" and "If I come in I'll come in with money" rhetoric dissolve, predictably, into the reality that we will be simply going through the motions as a club until Chainrai and Portpin can finally engineer an exit that gets them as much of the money they so rashly wagered.

 

Is there anything wrong with that legally? No. After all, payday loan companies and lenders of last resort are operating legally all over this country and internationally. However, there is a big distinction between what is legal and what we want for our football club. If you ring Quickquid for a loan till next week they don't claim to be saving you. When they repossess your house they don't expect you to believe they have fallen in love with you.

 

The club is condemned to a limbo state for the foreseeable future. Unless Cotterill can pull off an even greater miracle and somehow smuggle us into the play-offs we will be consigned to the probability of continuing to go backwards for a number of years. I don't want an owner who will invest lots of money into the club, because you just end up owing it to them. I want an owner who intends to build a better business, by building a stadium, reuniting and expanding the fanbase and rebuilding the clubs community operation. That would enable us to move forward us a business on our own merits. Sadly, I see little likelihood of this over the next few years.

 

Until the advent of Milan Mandaric it was always like this, owners whose dearest wish was to get out with their money intact. We are back to the dog days of the Gregory era. All that is left is to watch the matches and treat everything the club says and does with the highest degree of scepticism, while crossing our fingers and hoping for a businessman cagey enough to lever all of these guys out of our lives once and for all. Once that is achieved, the process of rebuilding our beloved club can begin.

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saintjay77

saintjay77

Posted
Posted

Not allot happening on this thread right now because there is not allot happening with your club right now.

 

The court cases may earn you a point deduction which could throw your club back into a spiral downwards as those expecting their money back with interest, might be looking at shelling much more money out for very little return.

 

If the court cases bring you no deductions then chainrai wi carry on with his plan and sell up to who ever will front the money. That could in turn extend this thread by another season as it seems only chancers are interested so far.

 

So while this thread is barely ticking along, it's a sleeping giant just waiting for a little spark to kick it back to life.

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Dark Munster

Dark Munster

Posted
Posted

Two scenarios:

 

If Cheats don't go up this season, they're f*cked.

 

If BC's gamble pays off and they do weasel their way up, their fate is less certain. The average Premier League team receives £45 million from Sky, etc. My guess is that BC will play the kids for one year, do a Derby and go down with single digit points, he'll trouser the one year PL bounty (and secure most of future parachute payments via more "loans") and Cheats FC will be f*cked. Alternatively, he would be able to sell the club to some sucker with more money than sense, and the Cheats may have a chance of survival.

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St Chalet

St Chalet

Posted
Posted

PES, with respect, you had no game on Saturday or Sunday and the banks / courts were not open.

 

What with that a the emergency loan window shut, (no doubt you lot wll find a way to smash it open), what did you expect?

 

For you lot, no news is actually good news. No doubt some murky fact will appear soon now MM is back in the spotlight.

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rallyboy

rallyboy

Posted
Posted

nice forum, do they have anything like education in Brighton?

 

I guess they now have the Bournemouth factor of a club trying to raise it's profile by embracing any derby and trying to give it history, then again there was a pompey fan only saying last week that they have nothing to fear from them, so they can now prove that - if the part-timers crumble in the replay.

 

Funniest moment of the weekend for me was the injury time penalty save that capped Brighton's spotkick week and clogged their fixtures up a bit.

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alehouseboys

alehouseboys

Posted
Posted
Brighton don't like you very much either, it would appear.

 

http://www.northstandchat.com/showthread.php?188861-Pompey............Fu**-Me

 

I'm sure Carpy-ho-ho-ho informed us it was only Saints fans that cared about them continually cheating so disgracefully? It not like her to be wrong but it does now appear others hold similar views what with the Brighton fans "cheating scum", "inbreds", etc. comments.

 

Still it should be a friendly local rivalry as the seagulls did enjoy singing "play up p****y" so much recently.

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mack rill

mack rill

Posted
Posted
I'm sure Carpy-ho-ho-ho informed us it was only Saints fans that cared about them continually cheating so disgracefully? It not like her to be wrong but it does now appear others hold similar views what with the Brighton fans "cheating scum", "inbreds", etc. comments.

 

Still it should be a friendly local rivalry as the seagulls did enjoy singing "play up p****y" so much recently.

 

We never had a lot of truck with the Shythawks,,, There just the Ghay bunch down the road.

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rallyboy

rallyboy

Posted
Posted

that Withdean is quite an intimidating place to go, when the wind is in the right direction you can hear their version of a crowd.

 

And bear in mind that if you do intend to invade the pitch when you score, the players will have finished celebrating and kicked off again before you can run across from their version of a stand.

It will be nice to visit a club with a better infrastructure and a more modern ground though - and you'll get that treat whoever wins the replay.

 

And Mack me old mucker, if they are 'the Ghay lot' and I keep hearing that we play at 'St Fairies', methinks a few people are trying to suppress something....is there an obsession with 'man-to-man marking' going on down Portsea?

Has it all gone a bit Wham and Erasure down Fratton on a matchday?

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Dark Munster

Dark Munster

Posted
Posted
Liked these two best :lol:

"They should start the game on minus ten goals"

 

"If we play them, we should give their share of the receipts to one of the businesses they shafted."

 

"Chance to beat the cheating cup scummers"

 

"They'll have 3 more players on 20 grand a week by then."

 

Sums it up nicely. :lol:

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teamsaint

teamsaint

Posted
Posted

sorry , I don't get it. I thought it was just us that hate poopey, surely the rest of the country think that they are great, just got a bit unlucky money wise. And all the fans of other teams think that the skates are the best fans around. Thats right, isn't it?

 

Heck , that brighton board must be a sham put together by desperate Saints fans.

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Dark Munster

Dark Munster

Posted
Posted

"Hopefully if the match takes place, Stoke will tell them they can't cup tie Lawrence & Kitson so they'll have to rely only on the remainder of their plucky, minnow, down-to-the-bare-bones, squad of eager 17 year olds.

 

Oh hang on, my bad, I must have been confused by all their self-pitying whining: they're the ones with the squad of Premier League and Championship stalwarts on hefty wages aren't they?"

 

"I'd love to smash those cheating scum"

 

"May I propose we sing 'You Dirty Cheating B*stards' on loop all the way through the game as well?"

 

"I ****ing hate Portsmouth for more quantifiable reasons than the hatred for Palace."

 

:lol:

 

I must say, I'm beginning to have a tiny bit of respect for the Brighton boys.

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Dark Munster

Dark Munster

Posted
Posted
sorry , I don't get it. I thought it was just us that hate poopey, surely the rest of the country think that they are great, just got a bit unlucky money wise. And all the fans of other teams think that the skates are the best fans around. Thats right, isn't it?

 

Heck , that brighton board must be a sham put together by desperate Saints fans.

 

Careful, Corpse Whore and PES might actually believe that. Of course they'll ignore the fact that the Brighton posters writing the above have several thousand prior posts, so if they were undercover Saints fans they would have to have been on the Brighton board for years. :D

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sidthesquid

sidthesquid

Posted
Posted
sorry , I don't get it. I thought it was just us that hate poopey, surely the rest of the country think that they are great, just got a bit unlucky money wise. And all the fans of other teams think that the skates are the best fans around. Thats right, isn't it?

 

Heck , that brighton board must be a sham put together by desperate Saints fans.

 

I think fans of teams like Brighton do get it. They have had a rougher ride than almost anyone & it must stick in the craw the way the DCFSBs have 'got away with it'. A plastic Manure fan who only watches the Champions league can have no grasp of what has happened, it is beyond their experience, but proper fans, especially of those clubs caught on the wrong side of things, understand and share our contempt.

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rallyboy

rallyboy

Posted
Posted

Benjani should be made to pay in full (plus costs that are mounting) - he can afford it - and he should be banned from playing until he has paid up

 

I like that suggestion from the few, anyone who owes football debts is suspended until they are all cleared.

 

So why did they pay someone else's debt when they had plenty of their own to ignore?

 

Sounds like they dived into a dispute between player and agent and have caught a cold.

How does that work with the forensic accounting - paying money that wasn't owed?.....

 

And how is AA's damning and detailed investigation going, any sign of the initial report?

 

Those findings he's going to put on the back of an envelope could rock world football to it's foundations....

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