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Pompey Takeover Saga


Fitzhugh Fella

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Thank you for such a reasoned response. You appear unable to distinguish between those who ran the club and the club itself.

 

Well what is the difference? Most of the supporters have acted despicably, endorsing those who have run the club at every turn. They weren't so quick to condemn the club in January last year when they were strengthening despite already being insolvent!

 

Err I think its the press who portray the skates as the best fans etc.......I very much doubt that the fans knew exactly what was going on from within.

 

People on here predicted what was happening from the beginning. You only have to look at Sasha's past and the unsustainable wage bill to know it wasn't going to last. Fair enough they didn't know everything but I firmly believe that if it were saints, we would have been out there demonstrating our dissatisfaction and voicing our concerns a hell of a lot earlier, but then in the main we have a more intelligent fan-base. With regards to the best fans in the world ™, you clearly haven't frequented messageboards or had a conversation with many skates. The myth about their support was manufactured when Harry was in charge when 'plucky pompey' originally came up and the prem automatically categorised a club with a small ground with supporters close to the fans as fantastic support. I believe it started when they got thrashed by Arsenal and the braindead among them applauded the other team. Portsmouth now routinely trot out this greatest fans bit and new owners do it routinely to curry favour with the blue few.

 

I can't understand how the club has got off so lightly, that individuals involved in the club have not been charged etc and I would love to see that. I fully agree with much of the content of your response about the club and its conduct...as for fans not caring where money came from etc they are probably no different to the fans of Chelsea etc. Again I would ask the same queston.. what were those guys who run our league and administer the FA cup doing to allow the debt to reach those levels?

 

The FA are PARTIALLY to blame, but the fans and PFC itself must also take its fair share, something which they really seem unwilling to do and which is why saints fans get so irritated by them.

 

I will shut up now...

 

I don't think you necessarily disagree with the more veciforous responses, it just seems you are unaware of what has been going on.

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Blimey the rusky has passed the FAPP test and is expected to sign a deal to buy the club next week. SSN just had it on as breaking news. Said somit about paying back 17 mil over the next 2 years which I presume is the CVA. Also said the FL would have to ratify the deal if it goes through but then if they passed him for the FAPP test I doubt they will block him buying the club later on.

 

I'm struggling to see how this could be any kind of good deal though? When a club is that far in the poo a buyer usually gets the club for a quid and has a real chance of turning it around. This purchase just seems to have million pound price tags hanging around everywhere you look.

 

It will cost 17 mill for the CVA, around 15 mil at least to rebuild the squad, 20 mil to pay off Chainrai and around the same to pay off gaydamak.

 

They are then left with a shabby ground and a small fan base that can't support a prem club so stable championship is probably the only cost effective option they have.

 

Something seems dodgy to me unless those owed money have decided to cut their losses and move on out of pocket?

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20/20 makes fair points. In the main, their fans are helpless bystanders in all this.

 

Of course, there are idiots in their fanbase - there are in every fanbase even, I venture to suggest, in ours (heresey I know!).

 

When we were in trouble, Mr TF couldn't have been more supportive and, now the tables are turned, I understand his embarrassment and concern for his club. We had no cause for shame, unlike PFC, but I can well understand that sinking feeling in the pit of the stomach when you think your club is about to go to the wall.

 

Naturally, I shall continue to take the ****** and the banter will be even greater between us next season.

 

But, for goodness sake, life is too short to 'hate' anyone, let alone a rival set of fans.

 

All of the skates I know, which is a few, don't give a fat rats @rse about the spending or the fraud. The consider themselves a picked on club who have done nowt wrong. It's all a conspiracy.

 

F**k 'em, I hope their club dies.

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The FAPPT is a complete joke. I fail to recognise it as anything more than a PR stunt by the authorities.

 

Adolf Hitler and Robert Mugabe would pass it with flying colours, and it's already been discovered that you don't even have to exist to pass it.

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The FAPPT is a complete joke. I fail to recognise it as anything more than a PR stunt by the authorities.

 

Adolf Hitler and Robert Mugabe would pass it with flying colours, and it's already been discovered that you don't even have to exist to pass it.

 

You'd think, after the hoo-ha about Notts County, as ably illustrated by Panorama last week, that they'd at least try to do it properly for a change.

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You'd think, after the hoo-ha about Notts County, as ably illustrated by Panorama last week, that they'd at least try to do it properly for a change.

 

It kind of makes the Football League look like a complete joke that is occasionally rescued by some decent matches.

 

These FAPP tests should be transparent as it seems plenty of people have highlighted why this rusky is no good yet somehow the FL think he is ok. If the process was transparent I doubt the FL would make half the decisions that they have. They only risk getting found out if something really bad happens and then they will just look for someone else to blame as they will claim they bent... I mean followed the rules they put in place.

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Anyway to verify it other than 'Sky sources'?

 

Seems a bit fishy - even for them - that they would get someone through the FAPPT during Good Friday / Easter Weekend!

 

Pretty sure the FA, being the cushy number it is would have had the whole weekend off, which means the FAPPT would have taken place up to Thursday......

 

Surely, if he had passed the test on Thursday, the Skate PR machine would have gone into meltdown screaming about new owners marching over the hill, so come buy your season tickets now!

 

Still, it's not like 'Sky sources' have ever got it wrong before....

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There seems only one possible reason that this guy would want to buy of Chainrai for £17mill, have a CVA of £14mill & a squad worth less than it costs to pay it, and that is yet again the dead hand of Arcadi Gaydamak. This deal makes no sense on any kind of rational level, so it must still be about churning funny money & they have spotted that our authorities really don't care if football is involved.

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There seems only one possible reason that this guy would want to buy of Chainrai for £17mill, have a CVA of £14mill & a squad worth less than it costs to pay it, and that is yet again the dead hand of Arcadi Gaydamak. This deal makes no sense on any kind of rational level, so it must still be about churning funny money & they have spotted that our authorities really don't care if football is involved.

 

I know I keep trotting this out, but don't overlook that fact that the Russians REALLY want to buy a Football Club.

 

Their record of owning Sports teams in Ice Hockey, Basketball & Motor Racing IS actually very solid. They also have a very large "war chest".

 

Yes the economics are insane, but then sanity and football have never been close companions.

 

Convers Group had allocated a budget to buy Bompey last season. They never got past Go, however they DID still spend that money on sponsoring Renault Williams in F1, so again, other than getting some nice paddock passes and mingling with the fit chicks at the F1 parties it was an awful lot of money for very little.

 

I'm not defending them BUT they have extensive contacts in football, and according to sources in the media locally they talked "in general terms" to at least 5 "British" clubs before getting into details with poopey.

 

They may well be best friends with previous owners, may even be part of the mirage, BUT they also may REALLY want to have the keys to a train set. We have seen from our own experience how that can really screw up the thought processes of people that really should have known better.

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Isn't David Lampitt the Poops Chief Exec? Wasn't same David Lampitt the FA's Integrity chief? So if he tells the FA the ruskies are ok they will get the FAPP and he'll pick up the brown envelope won't he?

 

What an odd insinuation.........

 

 

......Hang on! You're right, this is skatesmouth we're talking about.

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A few apologists for Pompeys behaviour on here over the past few posts. Personally I don't hate their fans or wish death and destruction on them, their families, pets or lives in general. I just want their festering cesspit of a club wound up, as it would be a fair and just outcome in a civilised society.

 

This.

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Aye, wouldn't want to make yourself look and dafter would you.

 

Please don't compare our club with fraudulent cheats, thanks.

 

I was not in anyway comparing our club to theirs.....you might need to go to night school to learn something about the English language if you somehow read that into what I said.

 

To be clear, I would have liked to have seen Pompey demoted to teh conference league for what they did. We lost to them in the cup. Us fielding players we could afford and them fielding a team they had no intention of paying for etc. It made me very angry indeed. There were teams who played it by the rules who were outbid for players be a club who knowingly were not going to pay clubs for players etc. When I think what happened to Luton and contrast it with Pompey well.....

 

Despite being born and brought up in one of the roughest council estates in Southampton, I knew from an early age that I had the ability to think independently.....I was never going to be a follower.

 

I'll say it again a lot of the posters on here have a smug attitude....I know how important my club is to me and can make the leap necessary to consider how it must be for other right thinking fans out there to learn about how their club has been run.

 

I don't think many Pompey fans would have sanctioned the non payment of monies due to a cancer charity etc. Do you really think that? If you do, its counselling you need.

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I was not in anyway comparing our club to theirs.....you might need to go to night school to learn something about the English language if you somehow read that into what I said.

 

To be clear, I would have liked to have seen Pompey demoted to teh conference league for what they did. We lost to them in the cup. Us fielding players we could afford and them fielding a team they had no intention of paying for etc. It made me very angry indeed. There were teams who played it by the rules who were outbid for players be a club who knowingly were not going to pay clubs for players etc. When I think what happened to Luton and contrast it with Pompey well.....

 

Despite being born and brought up in one of the roughest council estates in Southampton, I knew from an early age that I had the ability to think independently.....I was never going to be a follower.

 

I'll say it again a lot of the posters on here have a smug attitude....I know how important my club is to me and can make the leap necessary to consider how it must be for other right thinking fans out there to learn about how their club has been run.

 

I don't think many Pompey fans would have sanctioned the non payment of monies due to a cancer charity etc. Do you really think that? If you do, its counselling you need.

 

But that's the point, the majority of their fans don't give a damn as long as Pompey keep winning.

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I was not in anyway comparing our club to theirs.....you might need to go to night school to learn something about the English language if you somehow read that into what I said.

 

To be clear, I would have liked to have seen Pompey demoted to teh conference league for what they did. We lost to them in the cup. Us fielding players we could afford and them fielding a team they had no intention of paying for etc. It made me very angry indeed. There were teams who played it by the rules who were outbid for players be a club who knowingly were not going to pay clubs for players etc. When I think what happened to Luton and contrast it with Pompey well.....

 

Despite being born and brought up in one of the roughest council estates in Southampton, I knew from an early age that I had the ability to think independently.....I was never going to be a follower.

 

I'll say it again a lot of the posters on here have a smug attitude....I know how important my club is to me and can make the leap necessary to consider how it must be for other right thinking fans out there to learn about how their club has been run.

 

I don't think many Pompey fans would have sanctioned the non payment of monies due to a cancer charity etc. Do you really think that? If you do, its counselling you need.

 

Yep, you're daft as f**k and clueless too boot.

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There seems only one possible reason that this guy would want to buy of Chainrai for £17mill, have a CVA of £14mill & a squad worth less than it costs to pay it, and that is yet again the dead hand of Arcadi Gaydamak. This deal makes no sense on any kind of rational level, so it must still be about churning funny money & they have spotted that our authorities really don't care if football is involved.

 

Ive just looked on SSN to see the report on it. Not much more info that I saw on the breaking news bit on the tele box. But I realised the 17 mil I thought was for the CVA was actually the loan repayment to Chainrai!! The CVA payment is bloody less than that!

 

It seems mad that the people who tried to support and supply the club are getting less of a share than the person who helped put the club where it is and the fools actually agreed to it!

 

I still don't get why someone would be prepared to spunk so much money on a club that needs so much more money to rebuild and get it back to just a championship level. When there are other clubs in a much more stable position ready for half the money.

 

It's like going to a porsche garage and paying for the top of the line motor then getting keys to a Robin reliant missing it's front wheel, head lamp, seats and hand brake!!

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Ive just looked on SSN to see the report on it. Not much more info that I saw on the breaking news bit on the tele box. But I realised the 17 mil I thought was for the CVA was actually the loan repayment to Chainrai!! The CVA payment is bloody less than that!

 

It seems mad that the people who tried to support and supply the club are getting less of a share than the person who helped put the club where it is and the fools actually agreed to it!

 

I still don't get why someone would be prepared to spunk so much money on a club that needs so much more money to rebuild and get it back to just a championship level. When there are other clubs in a much more stable position ready for half the money.

It's like going to a porsche garage and paying for the top of the line motor then getting keys to a Robin reliant missing it's front wheel, head lamp, seats and hand brake!!

 

Money Laundering?

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But that's the point, the majority of their fans don't give a damn as long as Pompey keep winning.

 

So you carried out a survey etc how many Pompey fans came out in favour of not paying the monies due to a cancer charity as a percentage of those who were against.

 

Thought so....

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I know I keep trotting this out, but don't overlook that fact that the Russians REALLY want to buy a Football Club.

 

Their record of owning Sports teams in Ice Hockey, Basketball & Motor Racing IS actually very solid. They also have a very large "war chest".

 

Yes the economics are insane, but then sanity and football have never been close companions.

 

Convers Group had allocated a budget to buy Bompey last season. They never got past Go, however they DID still spend that money on sponsoring Renault Williams in F1, so again, other than getting some nice paddock passes and mingling with the fit chicks at the F1 parties it was an awful lot of money for very little.

 

I'm not defending them BUT they have extensive contacts in football, and according to sources in the media locally they talked "in general terms" to at least 5 "British" clubs before getting into details with poopey.

 

They may well be best friends with previous owners, may even be part of the mirage, BUT they also may REALLY want to have the keys to a train set. We have seen from our own experience how that can really screw up the thought processes of people that really should have known better.

To think that it is a Saints fan (apparently anyway)who is introducing these to them.

No introduction fee is worth it.

 

I

Edited by OldNick
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So you carried out a survey etc how many Pompey fans came out in favour of not paying the monies due to a cancer charity as a percentage of those who were against.

 

Thought so....

I would be with you on the case of the majority of PFC fans would not be happy about the charities not being paid.

I do question how that they do not see how they did anything wrong in the glory years.

They dont give a hoot and they have memories from wembley trips and cup final wins that have been deprived to all the fans of clubs who played it fair.

That is what irks as well as them playing the hard done by card.

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So you carried out a survey etc how many Pompey fans came out in favour of not paying the monies due to a cancer charity as a percentage of those who were against.

 

Thought so....

 

No I'm afraid I didn't have the time to ask all those who were cheering on a clearly insolvent Pompey at the cup finals which was in between them bragging on about their 60,000 megadrome and how Maradona was going to become head coach and sign the likes of Riquelme & Saviola.

 

Then when the **** hit the fan I had the thousands of fans to question who far too pre occupied marching down the street and wailing about how all their financial lunacy was all the Premier League's fault. Then when it came to the court case they were all to preoccupied winning the court case and shafting the taxman and all their other creditors.

 

I'm afraid little things like that stopped me, then I decided that actions spoke louder than words.

 

Do a google search on even a small questionnaire yourself, and see how many Pompey fans you can find who'd rather pay off all their creditors they've ripped off, than build a squad of 16-17 PL fringe players in an attempt to get promoted to the Premiership. Judging by their recent attendances there appears to be what 12-15000? who'd rather see promotion. Cos their current financial state means they can only do one or the other.

 

As it's Easter I'll be generous, go and get a list of even 10,000 Pompey fans' signatures who'd say "yes I'd be happy selling off our entire first team, getting in a load of free transfers/playing the reserves on a few hundred quid a week each and paying off all the people we owe money too".

 

Problem is you won't be able to for one very good reason, even with the £100 million + of debt completely wiped out, the vast majority of their fans don't understand and don't want to understand they are STILL trading insolvently now and playing a squad they can't get anywhere near to affording with their current financial situation and current and prospective owners from the Russian Mafia.

 

Even WITH the **** hitting the fan a year or so ago the club has continued to hire PL fringe players on absurd wages and stick two fingers up to any creditors they owe money to, and the vast majority of their fans have completely supported it. And considering I live just outside Portsmouth and have several friends who are Portsmouth fans I'm in a pretty good position to judge. One of my mates gets it but the others don't, they were all too willing to join in with the "F*ck off taxman" chants with the rest of them when they had the court case coming up, when their overpaid PL rejects weren't playing too well

Edited by JackFrost
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I was not in anyway comparing our club to theirs.....you might need to go to night school to learn something about the English language if you somehow read that into what I said.

 

To be clear, I would have liked to have seen Pompey demoted to teh conference league for what they did. We lost to them in the cup. Us fielding players we could afford and them fielding a team they had no intention of paying for etc. It made me very angry indeed. There were teams who played it by the rules who were outbid for players be a club who knowingly were not going to pay clubs for players etc. When I think what happened to Luton and contrast it with Pompey well.....

 

Despite being born and brought up in one of the roughest council estates in Southampton, I knew from an early age that I had the ability to think independently.....I was never going to be a follower.

 

I'll say it again a lot of the posters on here have a smug attitude....I know how important my club is to me and can make the leap necessary to consider how it must be for other right thinking fans out there to learn about how their club has been run.

 

I don't think many Pompey fans would have sanctioned the non payment of monies due to a cancer charity etc. Do you really think that? If you do, its counselling you need.

 

Ok enough of this sh1t you are clearly no Saints fan and are a closet Skate.

 

If you WERE a Saints fan then you would have mentioned that WE, yes US, yes YOUR TEAM got beaten on TV by a goal scored by a Player who 1) Was not registered correctly at the time and 2) Was signed under false pretences after that club TOLD the FA that they were financially sound so that the FA lifted the transfer embargo.

 

You are defending Liars and cheats. Clearly you are one of them as well.

 

If you had bothered to follow ANY of this thread you will have seen that the majority of posters on here do NOT wish the TRUE Fans of ANY team to be punished for the acts of others.

 

ALL we want is for Justice to be done, whether that means the club is forced to fold, is forced to take further points penalties, is forced to wallow in the lower reaches for another 30 years OR is bought out by more Jokes so that the pain and abuse can continue. All we want is for the CHEATS to get what they deserve.

 

I suppose you are also someone who defends Benefit Cheats, The right of Al Qaeda to representation and the setting up of homes for the poor defenceless MP's who struggle to complete their expemses reports

 

You know what?

 

Sod off

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Uh no, not in this case (you have mail).

 

Just think what the alternatives were though

Havent had anything in, and I dont have Skype at home.

A bit peeved at the news that Sky feel they are going to save them. I wasn't that keen on Bompey being put into the same place as us.

If they are going to spend loads and give them an exciting future i think i could have lived with that for a decade or so. One thing the Pompey experiment shows is that the authorites are toothless and seem to show no interest at all.

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pompey are still in the **** even if the russians takeover,their is no way they are going to fund a new stadium and academy and invest in their squad and pay the cva otherwise they have more money than sense.

i think they are more and likely be relegated next season and steve cottrill will be gone before next season starts.

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pompey are still in the **** even if the russians takeover,their is no way they are going to fund a new stadium and academy and invest in their squad and pay the cva otherwise they have more money than sense.

i think they are more and likely be relegated next season and steve cottrill will be gone before next season starts.

It depends how much the russians want to be seen as successful. They may want to show the world and their mates how weaklthy they are and put Pompey back up. It would not cost that much to get promotion, as Norwich Cardiff QPR have shown.
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But that's the point, the majority of their fans don't give a damn as long as Pompey keep winning.

 

Yep, you're daft as f**k and clueless too boot.

 

Ok enough of this sh1t you are clearly no Saints fan and are a closet Skate.

 

If you WERE a Saints fan then you would have mentioned that WE, yes US, yes YOUR TEAM got beaten on TV by a goal scored by a Player who 1) Was not registered correctly at the time and 2) Was signed under false pretences after that club TOLD the FA that they were financially sound so that the FA lifted the transfer embargo.

 

You are defending Liars and cheats. Clearly you are one of them as well.

 

If you had bothered to follow ANY of this thread you will have seen that the majority of posters on here do NOT wish the TRUE Fans of ANY team to be punished for the acts of others.

 

ALL we want is for Justice to be done, whether that means the club is forced to fold, is forced to take further points penalties, is forced to wallow in the lower reaches for another 30 years OR is bought out by more Jokes so that the pain and abuse can continue. All we want is for the CHEATS to get what they deserve.

 

I suppose you are also someone who defends Benefit Cheats, The right of Al Qaeda to representation and the setting up of homes for the poor defenceless MP's who struggle to complete their expemses reports

 

You know what?

 

Sod off

 

You been on the beer Phil?

 

Of course I am a Saints fan and I have followed this thread closely from the start and you have been an intelligent poster throughout.

 

Why haven't the skates been punished? The cheats and the liars were those running the club and I am not defending them. I alluded to the defeat we suffered at their hands.....I was there and I can't understand the toothless management at the FA not kicking them out. There is a huge amount of overlap in our posts where we agree....it would be great to have them punished - demotion to the Conference is as much as I can hope for. I'd laugh my head off should it occur (but it won't) and down a few glasses of wine to celebrate. It woud have been great to have seen the FA cup awarded to Cardiff and their name expunged from the record books.

 

I am about to drive to the game Phil, so have a beer for me!!!Rise above it Phil, don't let it affect you....chill.

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It depends how much the russians want to be seen as successful. They may want to show the world and their mates how weaklthy they are and put Pompey back up. It would not cost that much to get promotion, as Norwich Cardiff QPR have shown.

i think you will find that the russians don,t have big money and pompey will only 9 players under contract at the end of the season and would need a squad of about 30 decent players to mount a challenge for promotion and i,m assuming their gates will be lower next season so their income will be down has well has paying for their cva debts.

i think they will be relegated next season.

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pompey are still in the **** even if the russians takeover,their is no way they are going to fund a new stadium and academy and invest in their squad and pay the cva otherwise they have more money than sense.

i think they are more and likely be relegated next season and steve cottrill will be gone before next season starts.

 

There's no way they'll get rid of Cotterill, they can't afford to sack him!

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Dear sky,

 

Please can you state some rubbish about us being bought out this week so we can increase the amount of money we get in for next seasons,season tickets so i have some money over the summer,

 

Love Chinny

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they have their biggest fixtures to come - tax evasion, and the liquidation report.

Surely no one can cover up the blatant financial irregularities or insolvent trading that they have tried to leave behind?

 

If nothing comes of those two enquiries then we can congratulate Nick as he called it correct all along and football will have been made to look ridiculous.

And if the taxman isn't capable of getting his money back either, Cameron can stick his cuts where the sun don't shine as he obviously doesn't need the revenue that badly.

 

When much richer clubs are still complaining about being outbid by mid-table, post-admin businesses a division lower then it's all gone bonkers if no action is taken.

 

At least the few have abandoned them so the claim to be the bestest is as funny as a bitter uruguayan with a trembling lip refusing to shake hands after his side has been mugged next to their little long jump pit.

 

There is only one club down here - and that's why they just refer to us as the south coast club.

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they have their biggest fixtures to come - tax evasion, and the liquidation report.

Surely no one can cover up the blatant financial irregularities or insolvent trading that they have tried to leave behind?

 

If nothing comes of those two enquiries then we can congratulate Nick as he called it correct all along and football will have been made to look ridiculous.

And if the taxman isn't capable of getting his money back either, Cameron can stick his cuts where the sun don't shine as he obviously doesn't need the revenue that badly.

 

When much richer clubs are still complaining about being outbid by mid-table, post-admin businesses a division lower then it's all gone bonkers if no action is taken.

 

At least the few have abandoned them so the claim to be the bestest is as funny as a bitter uruguayan with a trembling lip refusing to shake hands after his side has been mugged next to their little long jump pit.

 

There is only one club down here - and that's why they just refer to us as the south coast club.

 

true we are the biggest club on the south coast so it makes sense to be called the south coast club :D

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http://www.pafc.pandareports.com/

 

See section 6, page 16 of the Plymouth administration report, the FA and the FL have to agree to the transfer of the club's shares to a purchaser......

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Rather an odd comment from Roman D about doing a deal here ... http://www.facebook.com/home.php?sk=group_164330880268459&notif_t=group_activity

 

Mike Sadler

How about a word for the fans Roman.

3 hours ago

Roman Dubov thank you for asking..i don't think info is real..Difficult to do any type of deals with Levi and Balu.

3 hours ago ·

Chris Galvin That d

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So I wonder which bit of info they were missing then?

 

the Lifetime Season Ticket holders?

The CVA?

The loans from Baloo?

The ownership of the land?

Or was it the players on contract nexxt year?

 

Gonna have to keep an eye on that FB page. We need a secret user to go join it

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According to this link:

 

http://news.mail.ru/sport/news/football-foreign/5783888/

 

According to Google Translate:

The acquisition of Portsmouth Russian businessman Vladimir Antonov and its control by CSI is on the verge of collapse.

 

CSI and its shareholders have passed the so-called «fit and proper test» English Football League and have provided all the necessary evidence of their own stable of Finance position, but the real owners of Portsmouth Levi Kushnir and Balram Chanrai decided once again to change the terms of the deal and asked for an additional 3 million pounds a preliminary agreement (about 10% to the price originally agreed upon). CSI and Vladimir Antonov, refused to review the conditions and ready to get out of the deal, reports sports.ru.

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According to this link:

 

http://news.mail.ru/sport/news/football-foreign/5783888/

 

According to Google Translate:

The acquisition of Portsmouth Russian businessman Vladimir Antonov and its control by CSI is on the verge of collapse.

 

CSI and its shareholders have passed the so-called «fit and proper test» English Football League and have provided all the necessary evidence of their own stable of Finance position, but the real owners of Portsmouth Levi Kushnir and Balram Chanrai decided once again to change the terms of the deal and asked for an additional 3 million pounds a preliminary agreement (about 10% to the price originally agreed upon). CSI and Vladimir Antonov, refused to review the conditions and ready to get out of the deal, reports sports.ru.

 

Confirmed on their Facebook page linked above.

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http://www.portsmouth.vitalfootball.co.uk/sitepage.asp?a=239909

 

Everything was set up and acquisition should have been completed within few weeks, however current club owners Levi Kushner and Balu Chainrai have decided to request an additional 3 million pounds on top of agreed sum. During the last few months they were constantly changing fundamental agreement terms.

 

There are also rumours that originally Mr Chainrai was happy to accept the price for the club which equals his initial investment but from day one negotiations with CSI Mr. Kushnir and Chainrai changed his mind. The deal was negotiated and agreed between all parties months ago but Levi and Balu increased the price number of times which is at the moment could go up to £35 millions.

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