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Pompey Takeover Saga

Fitzhugh Fella

By Fitzhugh Fella,
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rallyboy

rallyboy

Posted
Posted

I'd be very surprised if they sign no one - that would be an indication that Chanrai has said enough is enough.

If that's the case he is basically leaving the business to sort itself out.

 

If nowt changes in the next few hours - How long before Cotterill verbally rips into the loan shark?

Is Lampitt still there?

As a leader driving the business out of admin and back into solvency he's a little squeaky mouse.

 

 

 

Funny how Konchesky didn't fancy a massive paycut and a one way ticket to career oblivion - is this the first sign that the money has finally run out and crazy wages are a thing of the past?

(other than for those already on insane contracts)

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PES

PES

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Posted

Not bothered by any of it. Chainrai will put Pompey in admin again sometime in the future, but whatever, there will still be a Pompey in some shape or form. Nothing to do with the fans of Pompey. Nobody gives a feck about cheating or whatever, history will just show another trophy win to add to our tally. I laugh at scummer statements of "They just don't get it do they?"...... Maybe we don't get it? or maybe we just don't give a f*ck! The only ones who gives a f*ck is you guys, to everyone else it's tomorrows Fish 'n Chip paper. The other more 'noble' clubs on the south coast will never overtake our trophy haul (even if we disappear into oblivion, you'll still never match our Major trophy wins), so again, who gives a f*ck? Not Portsmouth 'By any means necessary' Football Club. :)

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Um Bongo

Um Bongo

Posted
Posted
Not bothered by any of it. Chainrai will put Pompey in admin again sometime in the future, but whatever, there will still be a Pompey in some shape or form. Nothing to do with the fans of Pompey. Nobody gives a feck about cheating or whatever, history will just show another trophy win to add to our tally. I laugh at scummer statements of "They just don't get it do they?"...... Maybe we don't get it? or maybe we just don't give a f*ck! The only ones who gives a f*ck is you guys, to everyone else it's tomorrows Fish 'n Chip paper. The other more 'noble' clubs on the south coast will never overtake our trophy haul (even if we disappear into oblivion, you'll still never match our Major trophy wins), so again, who gives a f*ck? Not Portsmouth 'By any means necessary' Football Club. :)

 

And this is why, you are all ****s.

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Colinjb

Colinjb

Posted
Posted
The only ones who gives a f*ck is you guys

 

Give it time. Brighton and Hove Albion are of the same mind, as are many Coventry fans I know.

 

Those who have taken the time to research and look into it realise how cancerous your 'club' has been. I hope those warm memories have the desired effect when you are shopping at the new Fratton branch of Lidl.

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Saint_John

Saint_John

Posted
Posted

The Skate News has just explained the almost transfer of Nugent to Blackpool in the last Transfer Window.

17:26 Jordan:

I have now been given permission to tell my favourite deadline day story - and it concerns Nugent to Blackpool Monday January 31, 2011 17:26 Jordan

 

17:27 Jordan:

Back on August deadline day at around 5.30pm we were all trying to get hold of Andronikou to find out what was happening. Monday January 31, 2011 17:27 Jordan

 

17:29 Jordan:

He would have have been making lots of calls because AA must have looked at his call register and mixed up Howard's (the sports editor here) number with Nugent's. Monday January 31, 2011 17:29 Jordan

 

17:30 Jordan:

Anyway, Androninkou rang Howard thinking it was Nugent and before Howard had had a chance to say it was him Andronikou started out with the following conversation: Monday January 31, 2011 17:30 Jordan

 

17:31 Jordan:

'David, I know it might be hard for you to comprehend at this late stage but we've agreed to sell to you Blackpool.'

To which Howard replied.

'Andrew this is not David Nugent, it's Howard The News sports editor!'

The line goes dead. Monday January 31, 2011 17:31 Jordan

 

17:32 Jordan:

So that was how we got to know Nugent was trying to be offloaded to Blackpool. I kid you not

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View From The Top

View From The Top

Posted
Posted
Not bothered by any of it. Chainrai will put Pompey in admin again sometime in the future, but whatever, there will still be a Pompey in some shape or form. Nothing to do with the fans of Pompey. Nobody gives a feck about cheating or whatever, history will just show another trophy win to add to our tally. I laugh at scummer statements of "They just don't get it do they?"...... Maybe we don't get it? or maybe we just don't give a f*ck! The only ones who gives a f*ck is you guys, to everyone else it's tomorrows Fish 'n Chip paper. The other more 'noble' clubs on the south coast will never overtake our trophy haul (even if we disappear into oblivion, you'll still never match our Major trophy wins), so again, who gives a f*ck? Not Portsmouth 'By any means necessary' Football Club. :)

 

Which is why people like you are scummy, dirty c**ts and people like Mervo are decent.

 

One is happy to rip cancer charities off and feels no shame and the other isn't.

 

Thankfully, my skate mates fall into the latter group. I for one wouldn't ****** on you if you were on fire.

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EastleighSoulBoy

EastleighSoulBoy

Posted
Posted
Not bothered by any of it. Chainrai will put Pompey in admin again sometime in the future, but whatever, there will still be a Pompey in some shape or form. Nothing to do with the fans of Pompey. Nobody gives a feck about cheating or whatever, history will just show another trophy win to add to our tally. I laugh at scummer statements of "They just don't get it do they?"...... Maybe we don't get it? or maybe we just don't give a f*ck! The only ones who gives a f*ck is you guys, to everyone else it's tomorrows Fish 'n Chip paper. The other more 'noble' clubs on the south coast will never overtake our trophy haul (even if we disappear into oblivion, you'll still never match our Major trophy wins), so again, who gives a f*ck? Not Portsmouth 'By any means necessary' Football Club. :)

 

You are either a WUM or, more probably, a tool of the highest order.

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Gemmel

Gemmel

Posted
Posted

A good (But long) Overview

 

 

The problem with the media’s attempted coverage of Portsmouth’s saga is that the saga is little to do with Portsmouth, or football, at all. And in newspapers carefully compartmentalised into home, foreign, business and sports news… and celebrity ****e, the off-the-field tale of Portsmouth doesn’t belong exclusively within any one compartment. The story is most digestable in the increasingly familiar concept of Premier League overspending – “living the dream”, and so on.

 

“Provincial Portsmouth” made the leap from second-tier stalwarts to two-up against AC Milan…and back again, thanks to huge dollops of money coming in and then running out. We’d seen similar at Leeds and they ended up with Ken Bates, but nobody heeded what was surely the starkest warning modern football could provide. But the story is more than that, more than one story, in fact. There have been three discrete narratives. The funding of the club from 2006 by an unspecified “Mr. A. Gaydamak.” The ludicrous Sulaiman Al-Fahim, about whom, you’ll be glad to hear, I think I’ve written enough (Where is he now? I neither know nor care). And the Israeli businessmen of varying backgrounds and legitimacy who have all been wronged one way or another by Gaydamak (we know which one this time) and have tried to use Portsmouth Football Club to right those wrongs.

 

Much of this has been in the public domain for ages. Every name to appear on the Portsmouth saga’s cast list has been linked to Arcadi Gaydamak, the multi-nationality businessman and father of Portsmouth’s last “owner” but 94, Alexandre “Sacha” Gaydamak, by a cursory “Google.” A number of Portsmouth fans have been working diligently on this for years and thanks to their efforts, Portsmouth’s administrators UHY Hacker Young have had an investigation into Portsmouth’s recent finances on their “things to do” list from the day they were appointed. All the investigation needs to do is join the various dots which have appeared in papers, TV and the blogosphere and come up with a chronological narrative of what happened behind the scenes at Portsmouth, and why, in order to avoid a repeat.

 

Yet, five weeks ago, a disturbing article appeared in the Portsmouth News newspaper, which suggested that the club’s many creditors might consider an investigation too costly. Creditors would have to pay for the investigation out of the money they were due over the next five years, under the terms of the Company Voluntary Arrangement (CVA). And if the investigation wasn’t going to cover its own costs by discovering extra funds to be made available to creditors, the article argued, it wouldn’t be worth having. How this judgement could be made without any investigation happening, wasn’t explained by the article’s author, Michael Powell, a general news reporter and consumer affairs columnist.

 

Indeed, the CVA proposal was tailored to allow such an investigation could take place. Had a “standard” CVA been passed, a proverbial line would have been drawn under the “antecedent transactions” of the old company. So where did Powell’s suggestion come from? And in whose interests would it be not to have an investigation? Thanks to the afore-mentioned Portsmouth fans, the investigation would start from a point considerably beyond scratch. Arcadi Gaydamak’s fame has spread far and wide over many years of “unorthodox” business dealings, which have led him to become a favourite of Private Eye magazine in this country and investigative journalists all over the globe. He is most (in)famous for his dealings with South-West African republic Angola, mostly arms dealings during their decades-long civil war. Gaydamak made much of his reputation and riches from his connections, alleged and real, with Angola. He was branded an illegal arms dealer, in a case involving a lot of important French people, which was predictably dubbed “Angolagate.”

 

The details are two articles in themselves. Suffice to say he didn’t come out of his Angolan dealings a poor man – his involvement in settling Angola’s $5.5bn debt to Russia is also a matter of some legal conjecture. And even a Premier League which so welcomed Thaksin Shinawatra’s money might have considered Arcadi Gaydamak “dodgy.” But it was his son Alexandre (“Sacha”) who embarked upon a Portsmouth adventure towards the end of 2005. And here is where any future investigation into Portsmouth’s finances (lack thereof) really starts. Sacha Gaydamak reportedly paid £15m for a 50% stake in Portsmouth in early 2006, although he didn’t acquire any shares in the club until some weeks after the early-January fanfare surrounding his arrival.

 

A number of journalists, both football and financial, looked long and hard at Sacha’s finances to find a spare £15m knocking around, as scurrilous allegations that “Daddy’s” money was funding the deal were spreading as fast as the internet could carry them. Sacha’s companies, however, were not making anything like the necessary sort of money to buy and then fund a Premier League club with a Harry Redknapp-wage bill. Indeed, many weren’t making any money at all. It quickly transpired that Sacha was borrowing extensively from various sources, none of whom were his father. Private Eye reported in mid-February 2006: “His position appears to be secured by a 10 January deed and legal charge covering ‘all monies’ advanced to the club – said to be up to £15m so far.”

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Gemmel

Gemmel

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Posted

cont.

 

 

This money was repaid via more loans, from bankers Singer and Friedlander, that summer. And Sacha kept on borrowing, including a £24m sum from South Africa’s Standard Bank which played a starring role in the saga right up until last summer. So, was this the business plan that he’d put to previous owner Milan Mandaric to persuade him to sell? Were the Premier League told that the whole takeover was to be underpinned by debt from the proverbial day one and the actual week one? This seems unlikely. When the questions were flying around about how and if Sacha could afford Portsmouth and its wage bill, the questioners were not directed towards a complex range of institutional lenders but Sacha’s own “fortune.”

 

Final buy-out figures varied between £30-47m and Sacha insisted that not only did he have no “financial or business links” with his father but also that he bought Portsmouth with “my money from ten years working in finance and real estate.” No concrete evidence of this money has ever been produced. And Gaydamak real estate interests were reportedly family interests in which the afore-mentioned unspecified “Mr A. Gaydamak” was the “ultimate controlling party. At about… no, make that exactly this time, Arcadi Gaydamak was being questioned by Israeli police’s International Crimes Unit about a money-laundering operation centred on Bank Hapoalim in Tel Aviv, where Gaydamak had numerous accounts.

 

Gaydamak withdrew vast sums of money just prior to his accounts at the bank being frozen, which led to suspicions that he’d been tipped off about the action. He also used ultra-defensive legal means to stop the police getting any information on these accounts. According to Gaydamak, “Jewish oligarchs are moving money to banks in Luxembourg and Switzerland.” A short time later, a number of accounts at Luxembourg’s Sella bank were frozen, in connection with the Bank Hapoalim case. Gaydamak was believed to have had accounts there too. In 2005, Gaydamak announced that he’d agreed to donate $50m to the “Jewish Agency,” for work they were undertaking amongst Jewish communities in Russia and Ukraine. Israeli police reportedly tried to dissuade the Agency from accepting Gaydamak’s money. In January 2006, Gaydamak withdrew the pledge, later changing his mind but only ultimately donating $10m. No connection has been established between freezing this donation and the freezing of many of his bank accounts in Israel and Luxembourg, just as no connection has been established with Sacha’s simultaneous inability to fund Portsmouth’s takeover from “his” “finance and real estate” wealth.

 

In a March 2010 interview with ruthless investigative journalist Henry Winter of the Daily Telegraph, club chief executive Peter Storrie said that Sacha Gaydamak’s Portsmouth tenure ran into early problems because “everything got frozen in Israel.” But Winter didn’t follow this up, so it couldn’t have been important. In 2008, Sacha decided he’d had enough Premier League glory and looked to sell the club. Protracted negotiations with the buffoon-ish Al-Fahim in the summer of 2009 were going nowhere. And Storrie appeared to be on hand to save the day with a consortium of “seriously wealthy” people ready to take over. Unfortunately for Storrie, his consortium included one or more people who were involved in legal disputes with Arcadi Gaydamak. Given that half the Jewish world appeared to have had some beef or other with the “controversial Franco-Russian businessman,” this was possible.

 

But Sacha decided he would rather sell Portsmouth to the clearly inadequate Al-Fahim than to Storrie’s people, which, as Sacha had no business links with his father, was nonsensical. Unfortunately for Gaydamak, Al-Fahim’s inadequacies meant that Storrie’s “people” were in charge soon enough. And, even more unfortunately, the “one or two” people with Arcadi Gaydamak connections turned out, quite by chance, to be the whole bloody lot of them… except the consortium leader, “Saudi property developer” Ali Al-Faraj, who couldn’t have had a connection to Gaydamak as he didn’t appear to have a connection to any living creature other than his “brother” Ahmed. Just as Sacha was looking to bail out of the Premier League, his father was in a spot of legal bother over money he owed to people called Roni Mana (or Maneh, depending on the newspaper), Levi Kushnir and Balram Chainrai. Kushnir and Chainrai owned Ameris Holdings, a property development company, and had agreed to sell it to Gaydamak. Gaydamak was due to pay them by July 2008. He didn’t. Chainrai and Kushnir sued for a reported $21m.

 

Gaydamak didn’t deny that he owed the money. But a year later, the courts had to order him to pay $23m (the previous amount owed, plus interest and court costs). At about… no, make that exactly this time, Chainrai and Kushnir got financially involved with…Portsmouth FC, despite Kushnir angrily dismissing rumours of involvement as “stupid,” just days beforehand. Gaydamak still delayed payment. And the longer he did so, the more involved Chainrai became with Portsmouth. Chainrai certainly appeared more concerned with protecting his investment than with anything as mundane as Portsmouth’s relegation troubles. Indeed, he was reportedly the most reluctant football club owner ever when he took over in February.

 

In March 2010, Portsmouth’s newly-appointed administrator, publicity-fiend Andrew Andronikou suggested that Chainrai was the only potential club owner who “ticks all the boxes.” “I do believe he has the club’s interests at heart,” Andronikou added, without evidence. And he suggested that there were no other obvious options, despite the emergence of a consortium fronted by property developer Rob Lloyd just two weeks previously – a consortium which certainly ticked all the Portsmouth boxes – mystery backer, mystery funding etc…

 

At about, no, make that exactly this time, an Israeli court issued a bankruptcy warning against Arcadi Gaydamak in response to a petition filed by Chainrai and Kitol Holdings and International Development Limited (Levi Kushnir’s company). Last month, the issue was settled out-of-court, lifting the threat of bankruptcy from Gaydamak. Whether there were any Portsmouth developments, other than the passing of the CVA, at about or exactly this time, has yet to emerge. Much of what I’ve written above would not withstand accusations of “re-hash.” The real digging has been, and continues to be, done elsewhere. Regular articles by Mike Hall on Pompey-fans.com offer greater insight and perception. And he has unearthed any number of other connections along the lines of the above.

 

At a recent public meeting, Hall said Portsmouth had “become involved in a dispute between a bunch of people arguing between Israel and Moscow over who owes what.” And whether or not you agree with him (I do, as you’ll have gathered), the issues above and the issues he raises surely justify investigation, whatever the cost. The ease with which Portsmouth Football Club became a venue and battleground for others’ financial issues is a scandal. The promised investigation should only be a start.

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sidthesquid

sidthesquid

Posted
Posted

Interesting article, and now to lower the tone to a level where a skate might follow (or possibly not) I pulled this little gem from the Skate News's rolling deadline day ticker -

 

[Comment From PompeyBen PompeyBen : ]

I hear we are close to signing 'Nowon Atall' can u conform these rumours steve??

 

Please tell me it's wind up. Even on Portsea Island they can't be this thick....... Can they?

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benjii

benjii

Posted
Posted
Not bothered by any of it. Chainrai will put Pompey in admin again sometime in the future, but whatever, there will still be a Pompey in some shape or form. Nothing to do with the fans of Pompey. Nobody gives a feck about cheating or whatever, history will just show another trophy win to add to our tally. I laugh at scummer statements of "They just don't get it do they?"...... Maybe we don't get it? or maybe we just don't give a f*ck! The only ones who gives a f*ck is you guys, to everyone else it's tomorrows Fish 'n Chip paper. The other more 'noble' clubs on the south coast will never overtake our trophy haul (even if we disappear into oblivion, you'll still never match our Major trophy wins), so again, who gives a f*ck? Not Portsmouth 'By any means necessary' Football Club. :)

 

Hang on a minute... your shameful exploits are tomorrow's chip paper, yet we are supposed to live in awe of a couple of league titles 60 years ago? If no one gives a toss about your recent activities then you can rest assured no one gives a toss about a couple of league wins in the days of semi-professional football.

 

You are ****ed for decades. We will be back in the Prem pretty soon. 27 year stint, or more, again I expect. You will have plenty of time to rummage through tomorrow's chip paper in search of that chip to put back on your shoulder before your next brief fleeting respite from "50 years of dross" [H Redknapp].

 

****.

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Colinjb

Colinjb

Posted
Posted
Not to mention the biggest LOL of the Transfer Window.

 

According to SSN one of the teams trying to get Shaun Wright-Phillips was.....you've got it.

 

Cotterill's potless wonders.

 

SWP?!!??? Pompey can't afford BWP.... :D

 

I thought I was hearing things when that came on! Almost spat out my beer in disbelief.

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benjii

benjii

Posted
Posted
Interesting article, and now to lower the tone to a level where a skate might follow (or possibly not) I pulled this little gem from the Skate News's rolling deadline day ticker -

 

[Comment From PompeyBen PompeyBen : ]

I hear we are close to signing 'Nowon Atall' can u conform these rumours steve??

 

Please tell me it's wind up. Even on Portsea Island they can't be this thick....... Can they?

 

Well, one of them did seem to believe in all seriousness that they were trying to sign SWP (yes, that one).

 

EDIT: Ahh, beaten to it!

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Colinjb

Colinjb

Posted
Posted
Well, one of them did seem to believe in all seriousness that they were trying to sign SWP (yes, that one).

 

EDIT: Ahh, beaten to it!

 

If any, ANY of the blue few ever dare to come on here and call us delusional again........ My god what a bunch of shameless c*nts.

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Crab Lungs

Crab Lungs

Posted
Posted
Not to mention the biggest LOL of the Transfer Window.

 

According to SSN one of the teams trying to get Shaun Wright-Phillips was.....you've got it.

 

Cotterill's potless wonders.

 

SWP?!!??? Pompey can't afford BWP.... :D

 

Did I read that right? :-/

 

Having said that, they have got all that Utaka money to play with now... f()ck the charities and creditors, eh?

 

You fishy *****

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Dark Munster

Dark Munster

Posted
Posted
They need to bring in somebody!!! Otherwise they'll be f*cked for the remainder of the season. Loving how "finances" now finally seems to be the reason for not joining Pompey, not even on loan.

 

Now that Chinny's plan A has failed so miserably, as expected he's now moving on to plan B.

 

An unpleasant year ahead for the few, methinks.

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Dark Munster

Dark Munster

Posted
Posted

Now that their club is well and truly f*cked, shouldn't we feel sorry for the few?

 

Not bothered by any of it. Chainrai will put Pompey in admin again sometime in the future, but whatever, there will still be a Pompey in some shape or form. Nothing to do with the fans of Pompey. Nobody gives a feck about cheating or whatever, history will just show another trophy win to add to our tally. I laugh at scummer statements of "They just don't get it do they?"...... Maybe we don't get it? or maybe we just don't give a f*ck! The only ones who gives a f*ck is you guys, to everyone else it's tomorrows Fish 'n Chip paper. The other more 'noble' clubs on the south coast will never overtake our trophy haul (even if we disappear into oblivion, you'll still never match our Major trophy wins), so again, who gives a f*ck? Not Portsmouth 'By any means necessary' Football Club. :)

 

No, maybe not.

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sidthesquid

sidthesquid

Posted
Posted
Not to mention the biggest LOL of the Transfer Window.

 

According to SSN one of the teams trying to get Shaun Wright-Phillips was.....you've got it.

 

Cotterill's potless wonders.

 

SWP?!!??? Pompey can't afford BWP.... :D

 

The Skate News mentioned David Norris, Bradley Johnson, Tyrone Mears and Paul Konchesky as their other targets that failed. What I still don't get is why would any of them want to go to Poopey, and, that being the case, why do they not go after one or two good young League One players that they could afford and who might (just) see it as a step up?

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Foxstone

Foxstone

Posted
Posted
The Skate News mentioned David Norris, Bradley Johnson, Tyrone Mears and Paul Konchesky as their other targets that failed. What I still don't get is why would any of them want to go to Poopey, and, that being the case, why do they not go after one or two good young League One players that they could afford and who might (just) see it as a step up?

 

Quite simply this season is sh1t or bust for them !

 

They can't build - Its either promotion this season or Baloo cuts his losses closes them down.

 

Dark times at Krap Nottarf ....................:lol:

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saintscottofthenortham

saintscottofthenortham

Posted
Posted

I had a phone call yesterday by a skate mate.

 

Skate: "alright scummer?"

Me: "yeh I'm good thanks skate c*nt, wassup?"

Skate: "just thought I'd let you know were signing SWP, Norris & Konchesky. Enjoy the S****horpe reject."

Me: "Your more deluded than I thought."

Skate: Not deluded. It's called realistic. Maybe one day you will be able to attract such players."

Me: Let's wait until tomorrow to have this conversation."

 

I'm anticipating the call.

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Colinjb

Colinjb

Posted
Posted (edited)
I had a phone call yesterday by a skate mate.

 

Skate: "alright scummer?"

Me: "yeh I'm good thanks skate c*nt, wassup?"

Skate: "just thought I'd let you know were signing SWP, Norris & Konchesky. Enjoy the S****horpe reject."

Me: "Your more deluded than I thought."

Skate: Not deluded. It's called realistic. Maybe one day you will be able to attract such players."

Me: Let's wait until tomorrow to have this conversation."

 

I'm anticipating the call.

 

I just can't believe that. They surely are not that retarded?

 

Oh wait, they are Skates.

 

I look forward to their continual slide down the leagues. They shouldn't be looking at Leeds as an example for their future. They should look at Bradford.

Edited by Colinjb
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Foxstone

Foxstone

Posted
Posted
I just can't believe that. They surely are not that retarded?

 

Oh wait, they are Skates.

 

I look forward to their continual slide down the leagues. They shouldn't be looking at Leeds as an example for their future. They should look at Bradford.

 

And Bradford Park Avenue at that !

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rallyboy

rallyboy

Posted
Posted

I'm surprised at their inactivity yesterday - lack of funds has never stopped them before.

This does have the look of surrender to the inevitable.

 

A defeat tonight and the table looks even more uncomfortable - a heavy defeat and the dwindling gates will get even smaller.

Meanwhile the wages are still too much and insolvent trading continues.

Will Cotterill make his point by naming just three subs?

He took a poor job and it's not changed since day one, he can't complain that his gamble on quality has not worked thus far - he knew the risks.

 

Their business plan just doesn't make any sense either - throughout all this madness they seem to have learned nothing, and as for Lampitt, he looks clueless.

I'm a bit worried, quite concerned about their future.

 

 

 

Oh hang on, I've got over it already.

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EastleighSoulBoy

EastleighSoulBoy

Posted
Posted
What a brilliant transfer day!! :)

It seems the locals are starting to revolt as well...

 

The locals have always been revolting.

 

I had a phone call yesterday by a skate mate.

 

Skate: "alright scummer?"

Me: "yeh I'm good thanks skate c*nt, wassup?"

Skate: "just thought I'd let you know were signing SWP, Norris & Konchesky. Enjoy the S****horpe reject."

Me: "Your more deluded than I thought."

Skate: Not deluded. It's called realistic. Maybe one day you will be able to attract such players."

Me: Let's wait until tomorrow to have this conversation."

 

I'm anticipating the call.

 

Delusional and totally unable to smell the coffee.

 

Costa anyone?

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JackFrost

JackFrost

Posted
Posted
Is no-one else amazed that their fans want all these big signings and moan when they don't come? I know most football clubs have fairly thick fans who can't see beyond a big signing, but given their state and the way they've financially operated, wouldn't you have thought they'd show a little more intelligence? They can't all be that naive can they? They'd want SWP to arrive, not ask any questions, just assume it's all perfectly normal for a championship club with no money?

 

I wouldn't want it. If we'd thrown money around while broke I'd have felt very uncomfortable about the club's future. More to the point, with various collections, donations etc to keep the club going, does it not leave a sour taste seeing footballers who don't give a toss take big wages? Put aside the creditors who lost most the money they were owed, what about the employees losing their jobs to save costs?

 

It's become a horrible little microcosm of all that's wrong with football.

 

A lot of them seem to think that since the CVA got approved all of their financial problems have just magically disappeared and they can carry on signing who they want on god knows how many k's a week and if anyone tries to stop them their hard done by.

 

A lot of their fans expect them to be promotion favourites and simply do not have a clue.

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Foxstone

Foxstone

Posted
Posted
A lot of them seem to think that since the CVA got approved all of their financial problems have just magically disappeared and they can carry on signing who they want on god knows how many k's a week and if anyone tries to stop them their hard done by.

 

A lot of their fans expect them to be promotion favourites and simply do not have a clue.

 

Its pants wettingly funny and absolutely embarrassing for any of the few relatively sane Pompey supporter's - Oh and also Corp "you lot are delusional" Ho !

 

The last few weeks have really cemented what we all know...

 

Pimpley cannot afford what they have, cannot afford what they don't have and Baloo is cutting his losses and ready to switch off the lights - Coming to think of it he was probably practicing at the Leeds match :lol:

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