Dark Munster Posted 28 February, 2011 Posted 28 February, 2011 If that was the bet Chez, Then i would lump all my shackles on you, After what happened before, And the start of this season, If we stay up then we have had a result, Best case scenario all the south coast clubs in the same div, Derby days every month, Oh dear, Mack seems oblivious to the fact that if Cheats FC don't go up this year then Chinny is most likely to pull the plug. But as they say, ignorance is bliss.
Dark Munster Posted 28 February, 2011 Posted 28 February, 2011 Nobody sold in January + ****e attendances + Stupidly large wage packets + No new investment = Hillarity for most of the footballing world. Don't forget the icing on the cake: Tal Ben Haim.
JackFrost Posted 28 February, 2011 Posted 28 February, 2011 Oh dear, Mack seems oblivious to the fact that if Cheats FC don't go up this year then Chinny is most likely to pull the plug. But as they say, ignorance is bliss. so they'll have used all the TV/parachute money by the end of this season? cor dear Assuming they don't go up it looks like this summer is where reality might start to bite for them, although that's assuming there is no more money for Chainrai to pocket otherwise I'll expect Nugent et al will be offered contract extensions
dingbattigger Posted 28 February, 2011 Posted 28 February, 2011 He will not be seen or heard again on this forum. If you want to know why look at post 36357 on page 728. Even Corpy is not thick enough to continue to post on here after he was destroyed in that post. Hmmmmmm not sure he'll realise he was destroyed though, he is a skate after all
Gemmel Posted 28 February, 2011 Posted 28 February, 2011 Last Activity 26-02-2011 04:31 PM LOL.... corpy was on here on Saturday....... Why didn't he say hi
Sevvy Posted 28 February, 2011 Posted 28 February, 2011 So when does everyone reckon we will hear if they have been paid or not
Gemmel Posted 28 February, 2011 Posted 28 February, 2011 So when does everyone reckon we will hear if they have been paid or not They will be paid. They are breaking even this season, based on two years worth of parachute payments. Next season is the real pain, when they need to buy a squad after their points deduction. They will probably take year 3 early at that point, but then they need to start servicing the CVA. They have avoided relegation this season, but with minus points, 7 players, CVA kicking in and reduced crowds, next season will be interesting.
Gorgiesaint Posted 28 February, 2011 Posted 28 February, 2011 They will be paid. They are breaking even this season, based on two years worth of parachute payments. Next season is the real pain, when they need to buy a squad after their points deduction. They will probably take year 3 early at that point, but then they need to start servicing the CVA. They have avoided relegation this season, but with minus points, 7 players, CVA kicking in and reduced crowds, next season will be interesting. Not necessarily, don't be surprised if another renegotiation of the CVA occurs again! Paying the CVA really is the last thing on their minds.
pedg Posted 28 February, 2011 Posted 28 February, 2011 Not necessarily, don't be surprised if another renegotiation of the CVA occurs again! Paying the CVA really is the last thing on their minds. At the rate they are going in a year or so creditors will find the agreement has been modified again so that they owe pompey several pence in the pound.
Gemmel Posted 28 February, 2011 Posted 28 February, 2011 Oh dear, looks like it has been going on for years http://www.southendunited-mad.co.uk/feat/edy3/sixty_years_ago_pompey_make_illegal_payment__shrimpers_paid_the_price_651671/index.shtml I think it is fair to say "ingrained" into their history, breeding and culture
OldNick Posted 28 February, 2011 Posted 28 February, 2011 I can only see it continuing. More dodgy ownership deals, no fines, no points deductions, a few surprising new contracts in the summer, a truck load of loan signings, a couple of signings they mysteriously beat clubs with money to, and few questions asked. Will keep the thread healthy though. they live a charmed life and whilst many thought they would go down they have a decent first team. I doubt they will get to the play offs but winning 4 on the trot has made them climb the table. Their loans in have all been good, and perhaps we should take a leaf out of their book and get some in
sidthesquid Posted 28 February, 2011 Posted 28 February, 2011 The things they do to amuse themselves on Portsea island. I guess the two thumbs and the extra toes make it hard to do it themselves http://www.bbc.co.uk/news/health-12595809
dubai_phil Posted 28 February, 2011 Posted 28 February, 2011 In other news, sources say there are no indications of any connection between Poopey FC and the Break-In and theft today of significant amounts of highly valuable IT equipment from The Vodafone DataCentre in Basingstoke. Source confirm that the closeness of the Centre to the Cash-Stapped club were co-incidental and that the links between Poopey FC & possible Criminal entities within Eastern Europe exist only in the minds of a few Internet Bloggers. However, despite the denials, the fact that the theft occurred so close to a rumoured date for the payment of wages has continued to cause speculation to mount.
EastleighSoulBoy Posted 28 February, 2011 Posted 28 February, 2011 The things they do to amuse themselves on Portsea island. I guess the two thumbs and the extra toes make it hard to do it themselves http://www.bbc.co.uk/news/health-12595809 The article mentions open wounds which reminds me that pcfc are themselves an open sore on the face of football, slowly eating away at it. Problem is that nobody in charge wishes to administer euthanasia to the Corp(se).
pedg Posted 28 February, 2011 Posted 28 February, 2011 In other news, sources say there are no indications of any connection between Poopey FC and the Break-In and theft today of significant amounts of highly valuable IT equipment from The Vodafone DataCentre in Basingstoke. Source confirm that the closeness of the Centre to the Cash-Stapped club were co-incidental and that the links between Poopey FC & possible Criminal entities within Eastern Europe exist only in the minds of a few Internet Bloggers. However, despite the denials, the fact that the theft occurred so close to a rumoured date for the payment of wages has continued to cause speculation to mount. More likely to claim that they have been forced to resort to a shared Vodafone 3G dongle for all their net access and that the outage made them miss the window for uploading the payment details.
Chopper71 Posted 28 February, 2011 Posted 28 February, 2011 I'm assuming the players haven't been paid today. The TV news only ever reports on rare events, and I suspect actually making the payments they are due to make on time would be the top story.
benjii Posted 28 February, 2011 Posted 28 February, 2011 I heard that each player has been sent a personal video-gram from the CEO of the Allied Bank of the Fly-Ing-Peeg province of East Timor apologising for the unprecedented error.
dubai_phil Posted 28 February, 2011 Posted 28 February, 2011 More likely to claim that they have been forced to resort to a shared Vodafone 3G dongle for all their net access and that the outage made them miss the window for uploading the payment details. Took a while, but knew one of the great minds on here would take up the baton
pedg Posted 28 February, 2011 Posted 28 February, 2011 Took a while, but knew one of the great minds on here would take up the baton When do they start?
JackFrost Posted 28 February, 2011 Posted 28 February, 2011 They will be paid. They are breaking even this season, based on two years worth of parachute payments. Next season is the real pain, when they need to buy a squad after their points deduction. They will probably take year 3 early at that point, but then they need to start servicing the CVA. They have avoided relegation this season, but with minus points, 7 players, CVA kicking in and reduced crowds, next season will be interesting. when you say points deduction I assume your referring to Storrie's tax evasion case. Even if he's found guilty I wouldn't be surprised if the FL did the square root of bugger all with regards to a points deduction. You can hold the Luton etc. examples up but with Pompey there seems to be too many skeletons in too many closets. As for running the club on the parachute payments, if they have splurged all 3 years worth on running the club/wages I don't get why Chainrai hasn't put the parachute payments in his back pocket and chucked the carcass on the heap. I can see why he would stay to get his mitts on all the income, but the income seems to be going straight into the player's pay packets. I am puzzled as to why Chainrai is still bankrolling them.
GenevaSaint Posted 28 February, 2011 Posted 28 February, 2011 Tweet from Solent.....Finance woes in the past - Nugent "Portsmouth player David Nugent says his side have moved on since last years financial woes...." hahaha, No David, you mean you've been paid but are currently spending your way to more issues when the parachute money runs out.
mack rill Posted 28 February, 2011 Posted 28 February, 2011 (edited) when you say points deduction I assume your referring to Storrie's tax evasion case. Even if he's found guilty I wouldn't be surprised if the FL did the square root of bugger all with regards to a points deduction. You can hold the Luton etc. examples up but with Pompey there seems to be too many skeletons in too many closets . If this was true then it shows Porky Pie knew which arseholes to brown bag up, As for running the club on the parachute payments, if they have splurged all 3 years worth on running the club/wages I don't get why Chainrai hasn't put the parachute payments in his back pocket and chucked the carcass on the heap. I can see why he would stay to get his mitts on all the income, but the income seems to be going straight into the player's pay packets. I am puzzled as to why Chainrai is still bankrolling them. Chinny said he would NOT bankroll the club, so that must mean Heads above water A Mosh! And as for Camel boy Phil givin it large about the none event called payday, our boys might be on a different schedule to every other knut, ie 2 week late, Edited 28 February, 2011 by mack rill
GenevaSaint Posted 28 February, 2011 Posted 28 February, 2011 Chinny said he would NOT bankroll the club, so that must mean Heads above water A Mosh! And as for Camel boy Phil givin it large about the none event called payday, our boys might be on a different schedule to every other knut, ie 2 week late, Mack, the pertinent point is, how much of the parachute money have they spent early as indicated in the last release from the cowboys who ran the administartion process. You're telling me you break even on crowds of 12- 15K given some of the salaries being paid? Oh and it's mush.
Gingeletiss Posted 28 February, 2011 Posted 28 February, 2011 Chinny said he would NOT bankroll the club, so that must mean Heads above water A Mosh! And as for Camel boy Phil givin it large about the none event called payday, our boys might be on a different schedule to every other knut, ie 2 week late, You're definitely on a different schedule to pay of your debts, or have all you fish fingerers forgotten those!
bridge too far Posted 28 February, 2011 Posted 28 February, 2011 Mack, the pertinent point is, how much of the parachute money have they spent early as indicated in the last release from the cowboys who ran the administartion process. You're telling me you break even on crowds of 12- 15K given some of the salaries being paid? Oh and it's mush. I thought that the parachute money was supposed to be paying off the football creditors?
Deano6 Posted 28 February, 2011 Posted 28 February, 2011 From the recent meeting of fans with Lampitt on 23rd Feb... Q- When will the club start to receive parachute money for its own use? A – It is likely that the club will be in positive receipt of fund this autumn. http://www.pompeytrust.com/index.php?option=com_content&view=article&id=241:fans-meeting-at-pfc-230211&catid=34:demo-category HTH
benjii Posted 28 February, 2011 Posted 28 February, 2011 They will have 8 players under permanent contract come the summer. Just the 12-15 recruits needed for next year's squad then.
pedg Posted 28 February, 2011 Posted 28 February, 2011 From the recent meeting of fans with Lampitt on 23rd Feb... Q- When will the club start to receive parachute money for its own use? A – It is likely that the club will be in positive receipt of fund this autumn. http://www.pompeytrust.com/index.php?option=com_content&view=article&id=241:fans-meeting-at-pfc-230211&catid=34:demo-category HTH I assume he went on to say.. "as we have been contacted by a Nigerian solicitor who has explained that for a small fee we can have the 10 million pounds left in a bank account by Al Faraj for us."
Dark Munster Posted 28 February, 2011 Posted 28 February, 2011 so they'll have used all the TV/parachute money by the end of this season? cor dear Assuming they don't go up it looks like this summer is where reality might start to bite for them, although that's assuming there is no more money for Chainrai to pocket otherwise I'll expect Nugent et al will be offered contract extensions Chinny only bankrolled them this season because he was gambling on going up. With that plan all but dead, I doubt he'll do anything more than keep them on life support until he has sucked every last penny possible out of the rotten corpse. And Cotterill's bleatings about a "paper thin" squad is unlikely to change his mind: that was obvious during the last window. Of course with 4 wins on the trot there is still a glimmer of hope for the few, but that will only make it more painful if they come close at the end of the season, close but no cigar (and if so, Chinny will be kicking himself for throwing in the towel too soon. )
Dark Munster Posted 28 February, 2011 Posted 28 February, 2011 From the recent meeting of fans with Lampitt on 23rd Feb... Q- When will the club start to receive parachute money for its own use? A – It is likely that Mr. Chainrai will be in positive receipt of fund this autumn, and then will pull the plug completely. http://www.pompeytrust.com/index.php?option=com_content&view=article&id=241:fans-meeting-at-pfc-230211&catid=34:demo-category HTH I've corrected Lumpitt's answer.
dubai_phil Posted 28 February, 2011 Posted 28 February, 2011 Chinny said he would NOT bankroll the club, so that must mean Heads above water A Mosh! And as for Camel boy Phil givin it large about the none event called payday, our boys might be on a different schedule to every other knut, ie 2 week late, Who me? I think you'll find it's Alp who does the largism on this forum, I could never walk in such illustrious footsteps. Still, one bit of good news for the few from the recent months, how lucky they were that Gaddaffi Jnr stayed away
Doctoroncall Posted 28 February, 2011 Posted 28 February, 2011 I've corrected Lumpitt's answer. Well Autumn starts late September, so too late for transfer window!
GenevaSaint Posted 1 March, 2011 Posted 1 March, 2011 I thought that the parachute money was supposed to be paying off the football creditors? I thought they had used some of it upfront while still in the prem? Maybe I'm going mad. Anyway, the money in Autumn as posted below will surely be extracted to line Chinnys pocket?
rallyboy Posted 1 March, 2011 Posted 1 March, 2011 isn't the parachute £16M + £16M + £8M + £8M? I'm guessing they have already spent or need the £32M to clear football debts in year one - leaving three years to go on ever-decreasing income, with Prem income or rich owners the only answer. They will be financially-outmuscled by the likes of Hull as time goes on, unless they continue to trade insolvently.
OldNick Posted 1 March, 2011 Posted 1 March, 2011 I think BC is not allowed to take money out of the club but I assume he is able to take massive interest on any loans he makes
Minsk Posted 1 March, 2011 Posted 1 March, 2011 isn't the parachute £16M + £16M + £8M + £8M? I'm guessing they have already spent or need the £32M to clear football debts in year one - leaving three years to go on ever-decreasing income, with Prem income or rich owners the only answer. They will be financially-outmuscled by the likes of Hull as time goes on, unless they continue to trade insolvently. Yep, that's how the payments are. We KNOW the PL advanced them 11m of that in JANUARY 2010. According to a UHY announcement back in November they had already spent 8m of next year's money. They must be well into the 2nd half of next year's money by now. Leaving the 2x8m payments for years 3 and 4, much of which will surely go to football creditors. Good innit!!!
holepuncture Posted 1 March, 2011 Posted 1 March, 2011 http://www.portsmouth.co.uk/sport/pompey/pompey-past/bygone-blues/storrie_makes_shock_return_to_football_1_2457418
Gorgiesaint Posted 1 March, 2011 Posted 1 March, 2011 http://www.portsmouth.co.uk/sport/pompey/pompey-past/bygone-blues/storrie_makes_shock_return_to_football_1_2457418 Scouting for players for next season? or maybe just eyeing up the replacement pitch for Farton Park!
Tamesaint Posted 1 March, 2011 Posted 1 March, 2011 Scouting for players for next season? or maybe just eyeing up the replacement pitch for Farton Park! Or looking for somewhere for his dogs to take a dump??
JackFrost Posted 1 March, 2011 Posted 1 March, 2011 maybe he's considering buying one of the sides and evaluating how Riquelme would fit into it
Gingeletiss Posted 1 March, 2011 Posted 1 March, 2011 Or looking for somewhere for his dogs to take a dump?? I thought they already had a stadium for turds!
gaz Posted 1 March, 2011 Posted 1 March, 2011 Yep, that's how the payments are. We KNOW the PL advanced them 11m of that in JANUARY 2010. According to a UHY announcement back in November they had already spent 8m of next year's money. They must be well into the 2nd half of next year's money by now. Leaving the 2x8m payments for years 3 and 4, much of which will surely go to football creditors. Good innit!!!
tony13579 Posted 2 March, 2011 Posted 2 March, 2011 There wasn't even enough money to pay the administrator
Dark Munster Posted 2 March, 2011 Posted 2 March, 2011 Well, well, well. 5 wins on the trot. The few's hopes must be raised now. How many more before Corpse Whore comes back here to start gloating? Can their "paper thin" squad achieve the impossible and make the playoffs, giving them a 1/4 shot of postponing, for a season, being dismantled and shut down? The excitement mounts.
rallyboy Posted 2 March, 2011 Posted 2 March, 2011 they have some very winnable games coming up, I would suggest it's between them, Leeds and Leicester for the last play-off lottery ticket - let's see which squad runs out of legs and luck first. And the way we are going, perhaps we will have two exciting play-offs to suffer on the south coast, ours for promotion, there's for survival. Not sure I'm looking forward to our season being decided in one game at Old Trafford, or a two-legged affair against someone like Huddersfield....pivotal moment for our two seasons this month. Time for them to cheer us up with a missed payment, failed FaPPT, or a cotterill press statement about plucky little pompey, the highest paid XI in the division.
mack rill Posted 2 March, 2011 Posted 2 March, 2011 Well, well, well. 5 wins on the trot. The few's hopes must be raised now. How many more before Corpse Whore comes back here to start gloating? Can their "paper thin" squad achieve the impossible and make the playoffs, giving them a 1/4 shot of postponing, for a season, being dismantled and shut down? The excitement mounts. Hello Hermann, out of Gillettes in the SO posty code again, Now run that score from the Bestist team in div one by a street at lowly Warsaw past me, Hmmm looks like your gonna miss the automatic boat, Ruski roulette for you fiddlers ,,,,,,,,,,,,,,,,,,IF! your lucky.
OldNick Posted 2 March, 2011 Posted 2 March, 2011 Hello Hermann, out of Gillettes in the SO posty code again, Now run that score from the Bestist team in div one by a street at lowly Warsaw past me, Hmmm looks like your gonna miss the automatic boat, Ruski roulette for you fiddlers ,,,,,,,,,,,,,,,,,,IF! your lucky. Mack calm down or your gills will explode in excitement. The bestest team in L1 won 1 nil last night whilst the 5th best team lost 1-0. The highest paid team in the Championship won again, no talk of only 3 subs and how tough it is for you by your manager for a few matches now. of course that only is brought up when he is trying to deflect the attention from him.
Dark Munster Posted 2 March, 2011 Posted 2 March, 2011 Hello Hermann, out of Gillettes in the SO posty code again, Now run that score from the Bestist team in div one by a street at lowly Warsaw past me, Hmmm looks like your gonna miss the automatic boat, Ruski roulette for you fiddlers ,,,,,,,,,,,,,,,,,,IF! your lucky. Ah yes, but if we lose our Russian roulette it would only be a temporary and annoying interruption in our rise to where we belong (in the league where we spent 27 continuous years, without cheating to stay there). The Russian roulette for your lot, if you're lucky enough to get to that point, will be with a gun having 4 bullet chambers, 3 of them filled. Brown pants time for the few. It's the hope that kills you.
mack rill Posted 2 March, 2011 Posted 2 March, 2011 Mack calm down or your gills will explode in excitement. The bestest team in L1 won 1 nil last night whilst the 5th best team lost 1-0. The highest paid team in the Championship won again, no talk of only 3 subs and how tough it is for you by your manager for a few matches now. of course that only is brought up when he is trying to deflect the attention from him. Oh come on Nickyboy,,,,,ive had five Min's bathing n the sunshine, and your trying to turn the sprinklers on. Let me rephrase, The bestest team (on paper) by a muver****in street, Blowit again last night, I can see this all ending in tears, As the SO posty code have there little faces pressed firmly against the window, looking in on the rest of the south coast street party.
Crab Lungs Posted 2 March, 2011 Posted 2 March, 2011 Ah yes, but if we lose our Russian roulette it would only be a temporary and annoying interruption in our rise to where we belong (in the league where we spent 27 continuous years, without cheating to stay there). The Russian roulette for your lot, if you're lucky enough to get to that point, will be with a gun having 4 bullet chambers, 3 of them filled. Brown pants time for the few. It's the hope that kills you. Love the analogy but what are the chances of them getting the empty chamber? Pretty high I'd say... dirty, cheating bast4rds.
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