Pompey Takeover Saga

[St Chalet]

If anyone happened to watch the Sky Atlantic re-run of The Sopranos on Wednesday you would have seen Tony take over the shop, get the owner to max out all credit lines and then go bankcrupt. The scam is called a Bust-out.

 

I wouldn't dare suggest a parallel here, the New Jersey mafia at least have some some standards with the outfits they use.

[rallyboy]

funny that, I did compare Chanrai to Tony a few hundred pages back!

 

A company owed him money so he took control of it to clear the debt, chucking the previous guys out on the street - that was how Chanrai the loan shark just called himself the new 'owner'.

Though he could never decide whether he was a creditor or the owner, depending on the situation, and now as a gold card creditor he is top of the list to be repaid, while the Russians as owners can't take anything yet.

Legally.

And these new guys wouldn't look out of place on a New Jersey wharf at 3am emptying a lorry into their Spykers.

[gaz]

Just when you thought the laughinf stock of the Football league couldn't drop to new lows...they give themselves more rope to hang themselves with, as the previous ''owner'' kicks the stool out of the way....

[Corporate Ho]

Oh, and he explains how he took over SAAB here: http://www.rumafia.com/news.php?id=67

 

Err, it doesn't because he hasn't. That was my original point

 

Slightly off-topic, but I wanted to refresh my memory...

 

Corpy, in your experience, who in the world would you consider have the most attractive women? I've forgotten!

 

Russians, of course

 

Now I am not saying that to rub it in. I am saying that because dispite being a stinking rich club on paper, many of our fans are Still wanting to know where the money is coming from! Still wanting to know if we are a club in debt or not! Still asking questions of those in charge as we dont want to go down the same route as we have in the past.

 

So things are looking pretty good for us yet we still want assurances. we still ask questions and we still have a vivid memory of how it all went so wrong.

 

For you it seems no matter how wrong it all goes time and time again you are still very keen to jump into bed with anyone who shows interest. No questions asked and all smiles again. Many people have been mugged off by your club and you appear to be happy to sit back and let it all happen again without a care in the world.

 

It's funny, this laughable moral superiority that you guys on here have. Where were these Saints fans demanding to know about budgets when Mike Wild was splashing cash in a desperate bid to get back into the PL. Where were these voices of caution and reason back then? They certainly weren't on here because it was full of people gloating at me because Saints had outspent Pompey in transfers that summer.

As for Pompey, no questions asked? Apart from the guys who pressed the FL not to allow Chainrai to take over the club, who uncovered the links on the rumafia website months before it appeared on here and flagged it up to the FL to investigate when CSI were trying to buy the club, the Pompey Trust who have negotiated regular supporters group meetings with Lampitt to constantly question him about what's happening at the club. Those "no questions" you mean? Now, the meetings with Lampitt might not amount to any meaningful change but the point is at least we're trying. Your post in completely and absolutely wrong

Corp you won't get anywhere defending a business like Pompey, it's sick enough you still do it after the last few years. I wouldn't be able to look back happily on the false success either, that wasn't your Pompey, it was just a fraudulent business venture that didn't pay it's way. Any club could do similar, but thankfully for football the majority don't.

 

Adrian, excuse me for saying this but you really do come across as the biggest sniveller on here. Every post banging on that we should have been wound up. We were punished according the the rules of football and anything else went through the courts. We were punsihed appropriately according to law and the rules of football. Just stop whining for God's sake

 

I find it odd in the true scale of the mess unfolding in other parts of the UK that somehow, despite some 12,000 people being bugged/hacked that nobody seems to have hacked the few's owners & managers.

 

Makes me laugh that they are considered less newsworthy & significant than Prince Harry borrowing a TV Camera from a mate.

 

Oh how insignificant they must be

 

I guess we are less newsworthy Phil. Maybe that means this thread should be closed then?

Tell me more about Antonov's wealth being so coincidentally similar to the loan the EIB gave SAAB. Just what were you trying to say? Especially as Antonov has not taken over SAAB. I really don't know what you were trying to suggest

Corporate!

 

Vladimir, Roman et al have claimed that journos are out to get them, and you are suggesting they have not done their research.

 

So how about this one, straight from the horses mouth:

 

http://www.rumafia.com/news.php?id=67

 

To me, it is full of caveats and admissions, documents going missing... banks being refused licenses in Russia and the UK... police statements going missing... FBI reports... assasination attempts... knowing the hitmen but refusing to name them...

 

All straight from the horses mouth Corporate, this is your leader and you are defending him!

 

Im not ready to dismiss this website as fanatsy just yet. It covers a large number of russian mafioso types, not just Vlad and his boys.

 

It even comes with legal transcripts from the people who have some very serious claims against gangs allegedly associated to Vladdo:

 

 

Still, Corporate... if your happy with these chaps!

 

Like I said, Pompey fans uncovered the rumafia website months ago, long before it appeared on here and paased it on to the FL. There are all sorts of allegations, none of which are proven. The website claimed he'd taken over SAAB, he hasn't. That's a pretty big error wouldn't you say? So maybe (stress may) their other claims are untrue too. They were claiming that Russian Railways were going to plough $300m into us, not seeing that happen so far are we? And like I keep asking, if you want to buy a football club to launder money through, why buy the club that has more focus on it's financial dealings than any other English club? That doesn't make sense.

I'm not sure what the big cut and paste job was all about either as it doesn't mention Antonov. as for knowing and not naming hitmen, Antonov clearly says that the guys who shot his father have been arrested and are going to stand trial.

 

 

 

or you could read that he can't because someone still thinks he is a crook here: http://www.reuters.com/article/2011/07/13/saab-antonov-idUSLDE76C0SS20110713

 

Chez, I didn't say he would buy SAAB, I was just pointing out that he hadn't bought it yet. Contrary to what Phil and a number of other posters on here were saying. The Swedish government investigation found no links to organised crime and GM have also reportedly dropped their objections to him buying in.

 

Just when you thought the laughinf stock of the Football league couldn't drop to new lows...they give themselves more rope to hang themselves with, as the previous ''owner'' kicks the stool out of the way....

 

Chainrai agreed to pay the small creditors personally as a condition of the CVA. He's a scumbag, it's no surprise to anyone he's welched

[benjii]

err, it doesn't because he hasn't. That was my original point

 

 

russians, of course

 

 

it's funny, this laughable moral superiority that you guys on here have. Where were these saints fans demanding to know about budgets when mike wild was splashing cash in a desperate bid to get back into the pl. Where were these voices of caution and reason back then? They certainly weren't on here because it was full of people gloating at me because saints had outspent pompey in transfers that summer.

as for pompey, no questions asked? Apart from the guys who pressed the fl not to allow chainrai to take over the club, who uncovered the links on the rumafia website months before it appeared on here and flagged it up to the fl to investigate when csi were trying to buy the club, the pompey trust who have negotiated regular supporters group meetings with lampitt to constantly question him about what's happening at the club. Those "no questions" you mean? Now, the meetings with lampitt might not amount to any meaningful change but the point is at least we're trying. Your post in completely and absolutely wrong

 

 

adrian, excuse me for saying this but you really do come across as the biggest sniveller on here. Every post banging on that we should have been wound up. We were punished according the the rules of football and anything else went through the courts. We were punsihed appropriately according to law and the rules of football. Just stop whining for god's sake

 

 

i guess we are less newsworthy phil. Maybe that means this thread should be closed then?

tell me more about antonov's wealth being so coincidentally similar to the loan the eib gave saab. Just what were you trying to say? Especially as antonov has not taken over saab. I really don't know what you were trying to suggest

 

 

like i said, pompey fans uncovered the rumafia website months ago, long before it appeared on here and paased it on to the fl. There are all sorts of allegations, none of which are proven. The website claimed he'd taken over saab, he hasn't. That's a pretty big error wouldn't you say? So maybe (stress may) their other claims are untrue too. They were claiming that russian railways were going to plough $300m into us, not seeing that happen so far are we? And like i keep asking, if you want to buy a football club to launder money through, why buy the club that has more focus on it's financial dealings than any other english club? That doesn't make sense.

i'm not sure what the big cut and paste job was all about either as it doesn't mention antonov. As for knowing and not naming hitmen, antonov clearly says that the guys who shot his father have been arrested and are going to stand trial.

 

 

 

 

 

chez, i didn't say he would buy saab, i was just pointing out that he hadn't bought it yet. Contrary to what phil and a number of other posters on here were saying. The swedish government investigation found no links to organised crime and gm have also reportedly dropped their objections to him buying in.

 

 

chainrai agreed to pay the small creditors personally as a condition of the cva. He's a scumbag, it's no surprise to anyone he's welched

 

pmsl

[holepuncture]

Err, it doesn't because he hasn't. That was my original point

 

 

Russians, of course

 

 

It's funny, this laughable moral superiority that you guys on here have. Where were these Saints fans demanding to know about budgets when Mike Wild was splashing cash in a desperate bid to get back into the PL. Where were these voices of caution and reason back then? They certainly weren't on here because it was full of people gloating at me because Saints had outspent Pompey in transfers that summer.

As for Pompey, no questions asked? Apart from the guys who pressed the FL not to allow Chainrai to take over the club, who uncovered the links on the rumafia website months before it appeared on here and flagged it up to the FL to investigate when CSI were trying to buy the club, the Pompey Trust who have negotiated regular supporters group meetings with Lampitt to constantly question him about what's happening at the club. Those "no questions" you mean? Now, the meetings with Lampitt might not amount to any meaningful change but the point is at least we're trying. Your post in completely and absolutely wrong

 

 

Adrian, excuse me for saying this but you really do come across as the biggest sniveller on here. Every post banging on that we should have been wound up. We were punished according the the rules of football and anything else went through the courts. We were punsihed appropriately according to law and the rules of football. Just stop whining for God's sake

 

 

I guess we are less newsworthy Phil. Maybe that means this thread should be closed then?

Tell me more about Antonov's wealth being so coincidentally similar to the loan the EIB gave SAAB. Just what were you trying to say? Especially as Antonov has not taken over SAAB. I really don't know what you were trying to suggest

 

 

Like I said, Pompey fans uncovered the rumafia website months ago, long before it appeared on here and paased it on to the FL. There are all sorts of allegations, none of which are proven. The website claimed he'd taken over SAAB, he hasn't. That's a pretty big error wouldn't you say? So maybe (stress may) their other claims are untrue too. They were claiming that Russian Railways were going to plough $300m into us, not seeing that happen so far are we? And like I keep asking, if you want to buy a football club to launder money through, why buy the club that has more focus on it's financial dealings than any other English club? That doesn't make sense.

I'm not sure what the big cut and paste job was all about either as it doesn't mention Antonov. as for knowing and not naming hitmen, Antonov clearly says that the guys who shot his father have been arrested and are going to stand trial.

 

 

 

 

 

Chez, I didn't say he would buy SAAB, I was just pointing out that he hadn't bought it yet. Contrary to what Phil and a number of other posters on here were saying. The Swedish government investigation found no links to organised crime and GM have also reportedly dropped their objections to him buying in.

 

 

Chainrai agreed to pay the small creditors personally as a condition of the CVA. He's a scumbag, it's no surprise to anyone he's welched

 

Thats actually quite cute, thank you for your responses Corporate.

 

Its so funny watching you defend this lot... i bet if they read the transcripts, they would laugh their ****ing arses off at you, you skate no-body!

 

Corporate, read your post, then read it again... then go away for a couple of days, and then read it again... and see how pathetic you look!

 

Thankyou very much Corporate, really enjoyed that one. You must be one proud skate!

[miserableoldgit]

How much cash did Mikey Wilde splash?? £7M-£9M was it? How does that compare with what PFC splashed?

[saintjay77]

Admittedly far too many people went Wilde at first. That was in response to an anyone but Rupes campaign which in hindsight may have been better thought out. But at least we can look back at around 3 previous owners that while we might not like them very much, we can at least see they all tried to do whats best for the club more than whats best for themselves.

 

The many people that did voice their concerns over Wilde were known as Lowe Luvvies and there was quite a few of them. He was found out though after he spent the money we had in the bank and we went through the mill a bit (nothing compared to your lot however) and have come out with what appears to be good owners and there are still people asking questions.

 

My point isnt to make it look like we are super fans with the moral high ground others can only dream about. Its more of a question of how bad does it need to get down your end before your bestest fans in the world on mass start demanding a respectable club? All you seem to do is come on here and defend the actions of your club and glaze over the stinking pit the owners had left behind.

[Corporate Ho]

My point isnt to make it look like we are super fans with the moral high ground others can only dream about. Its more of a question of how bad does it need to get down your end before your bestest fans in the world on mass start demanding a respectable club? All you seem to do is come on here and defend the actions of your club and glaze over the stinking pit the owners had left behind.

 

Thanks for taking the time to read what I actually wrote rather than just coming back with a knee jerk reaction. But I'm not trying to defend or glaze over anything. Chainrai's a scumbag who engineered the whole thing for his personal gain at the expense of both the club and it's creditors. CSI may or may not have links to Russian crime (rumafia.com says they do, an investigation by the Swedish government could find no evidence - so we don't know for sure.) That's not defending anything, just pointing out the facts. Like the fact that Antonov hasn't bought SAAB. The problem on here is that someone says something (like Phil with his comments about Antonov's wealth being the same as EIB's loan to SAAB) and it somehow becomes accepted fact that Antonov has stashed the cash when he doesn't even own the company.

 

With respect to us demanding a "respectable" club, what do you think our fans are doing by meeting with the PL and FL, setting up the meetings with Lampitt, writing articles that appear in various papers, magazines and websites highlighting our problems? Your lot bang on about us "blaming the PL" for our problems when what we were actually doing when we met them was pointing out that they approved someone as our owner on the basis of a photocopy of a passport! Partly as a result of that meeting the FAPPT rules were changed.

 

And the "bestest fans" thing is just silly. I've seen Saints fans on the main board claim you're the "best in the land". I suspect most clubs fans say the same.

[EastleighSoulBoy]

How much cash did Mikey Wilde splash?? £7M-£9M was it? How does that compare with what PFC splashed?

 

Don't tell the Crack Whore that the £7m - £9m was cash we actually had!

[fromdayone]

Yet more disgusting behaviour from that shower of sh1t!!

 

http://www.portsmouth.co.uk/news/local/east-hampshire/pompey_creditors_still_in_the_dark_about_when_they_will_get_cash_1_2870518

[rallyboy]

having done due diligence the Russians knew this was outstanding, so they either bought the problem from Chanrai with the rest of the debt or agreed that it was his.

If it wasn't part of the sale surely they would have said asap?

 

As Lampitt is still spending club legal and accountancy fees on avoiding a £115K debt it is clearly a club problem and not a former owner problem.

 

As the Russians are so rich why don't they just pay this debt and stop wasting professional fees in an effort to wriggle out of obligations?

Had they paid this small amount on day one they would have bought incredible PR and local support.

 

To say the situation is unclear after this length of time is ridiculous.

AA spent a fortune on researching this and he had it all down very clearly in black and white ages ago.

There is nothing to dispute.

 

On a similar note, lucky the child-maimer was dim enough to personally commit to Gosport that he would return the £300K rather than doing it through the club.

They dodged a bullet there.

[tony13579]

So the only people repaid were repaid by the fans ie : St Johns ambulence

[benjii]

Agreeing to pay all small creditors under an arbitrary threshold in full is just as laaughable as being compelled to pay all football debts in full. Legally it is a mess.

 

Why should someone owed £2.6k be in a materially worse position than someone owed £2.4k?

 

Nice one Chinny!

 

PMSL etc....

[Glasgow_Saint]

Yet more disgusting behaviour from that shower of sh1t!!

 

http://www.portsmouth.co.uk/news/local/east-hampshire/pompey_creditors_still_in_the_dark_about_when_they_will_get_cash_1_2870518

 

Someone owed £12k by the club, would be best advised to reduce total debt to £2,500 and become a ‘small creditor’. You'd then get £2,500 back (one day......) rather than *£2,400!

 

 

*20p for every pound

[saintjay77]

Thanks for taking the time to read what I actually wrote rather than just coming back with a knee jerk reaction. But I'm not trying to defend or glaze over anything. Chainrai's a scumbag who engineered the whole thing for his personal gain at the expense of both the club and it's creditors. CSI may or may not have links to Russian crime (rumafia.com says they do, an investigation by the Swedish government could find no evidence - so we don't know for sure.) That's not defending anything, just pointing out the facts. Like the fact that Antonov hasn't bought SAAB. The problem on here is that someone says something (like Phil with his comments about Antonov's wealth being the same as EIB's loan to SAAB) and it somehow becomes accepted fact that Antonov has stashed the cash when he doesn't even own the company.

 

With respect to us demanding a "respectable" club, what do you think our fans are doing by meeting with the PL and FL, setting up the meetings with Lampitt, writing articles that appear in various papers, magazines and websites highlighting our problems? Your lot bang on about us "blaming the PL" for our problems when what we were actually doing when we met them was pointing out that they approved someone as our owner on the basis of a photocopy of a passport! Partly as a result of that meeting the FAPPT rules were changed.

 

And the "bestest fans" thing is just silly. I've seen Saints fans on the main board claim you're the "best in the land". I suspect most clubs fans say the same.

 

I think that is actually the most sensible post you have made on this whole thread! Maybe some of the debate on here has started to get through to you?

 

If someone shacked up to dragons den with Pompey as the investment opertunity do you really think any of the dragons would be interested? With all the problems and debt that has been flushed through your club it just looks like an absolutely crazy investment that still has many more questions than answers. Have the ruskies suggested what any of their plans are? How much did they pay for the club? Why is Chainrai still listed at charter house? (whatever it is) Can Chainrai come back if the ruskies bail? Does Gaydamak still own the land around the ground? Do the ruskies intend to buy that land if not already?

 

I dont see many of these questions getting asked or answered when the fans pop round Lampits for Tea and Cake. Only recently some of your fans have started questioning when the debts under £2500 will be paid. Thats something that should have been asked when the offer to sweeten the creditors was made. So many decissions and actions have been made in plain sight of the fans that sat back with a smile on their face lapping it all up when it suited.

 

I dont think the Bestest fans was something your own fans dreamed up. It was more of how the press reported that despite all your clubs troubles your fans were still smiling and enjoying the ride. Something we find more amusment in rather than thinking anyone is better than anyone else.

[Wes Tender]

Taken from the rag known as The News:-

 

14 Portsea Islander

Friday, July 15, 2011 at 01:15 PM wow, life must be so dull for Scummers that they now have to go on Portsmouth newspaper websites, register, view & comment on PFC topics. What a sad & pathetic waste of life it has been for the cretin known as 'sk8h8er'.

 

I'll change this to apply to our favourite Skate comedian, Corpse.

 

 

Wow, life must be so dull for Corporate Ho that he now has to go on Saints' fans websites, register, view & comment on Saints topics about the Skates. What a sad & pathetic waste of life it has been for the cretin known as 'Corporate Ho'.

[Gemmel]

I'm not even going to post the link, but there are fans up in arms and disgusted that some small creditors who have debts over the 2,500 are reducing their claims so they qualify for the full 2,500 as opposed to 20p in the pount on a 3,500 debt. One even called it illegal.

 

There really is no telling them.

[jjsaint]

Taken from the rag known as The News:-

 

14 Portsea Islander

Friday, July 15, 2011 at 01:15 PM wow, life must be so dull for Scummers that they now have to go on Portsmouth newspaper websites, register, view & comment on PFC topics. What a sad & pathetic waste of life it has been for the cretin known as 'sk8h8er'.

 

Taken from the Wikipedia entry for Bethleham Royal Hospital:

 

'In the 18th century people used to go to Bedlam to stare at the lunatics. For a penny one could peer into their cells, view the freaks of the "show of Bethlehem" and laugh at their antics'

 

Skate-watching is the 21st century equivalent. Believe me it is far from boring.

[tony13579]

Chinny personally was going to pay the small creditors. I think it would be illegal and wrong for PFC to pay one creditor 100% to the detriment of others who will get even less of thier 20%

[warsash saint]

£115k to pay of all creditors owed under £2500 or a months wages on another player ??

[JackFrost]

It's only another 9 months before the big creditors are supposed to get the first installments of their money. This is where things will start to get interesting and this thread will liven up somewhat

[Wes Tender]

Taken from the Wikipedia entry for Bethleham Royal Hospital:

 

'In the 18th century people used to go to Bedlam to stare at the lunatics. For a penny one could peer into their cells, view the freaks of the "show of Bethlehem" and laugh at their antics'

 

Skate-watching is the 21st century equivalent. Believe me it is far from boring.

 

Agreed. And posting wind-ups on the News page is the modern day equivalent of poking the lunatics through the railings.

[JackFrost]

Err, it doesn't because he hasn't. That was my original point

 

 

Russians, of course

 

 

It's funny, this laughable moral superiority that you guys on here have. Where were these Saints fans demanding to know about budgets when Mike Wild was splashing cash in a desperate bid to get back into the PL. Where were these voices of caution and reason back then? They certainly weren't on here because it was full of people gloating at me because Saints had outspent Pompey in transfers that summer.

 

As for Pompey, no questions asked? Apart from the guys who pressed the FL not to allow Chainrai to take over the club, who uncovered the links on the rumafia website months before it appeared on here and flagged it up to the FL to investigate when CSI were trying to buy the club, the Pompey Trust who have negotiated regular supporters group meetings with Lampitt to constantly question him about what's happening at the club. Those "no questions" you mean? Now, the meetings with Lampitt might not amount to any meaningful change but the point is at least we're trying. Your post in completely and absolutely wrong

 

 

Adrian, excuse me for saying this but you really do come across as the biggest sniveller on here. Every post banging on that we should have been wound up. We were punished according the the rules of football and anything else went through the courts. We were punsihed appropriately according to law and the rules of football. Just stop whining for God's sake

 

 

I guess we are less newsworthy Phil. Maybe that means this thread should be closed then? [/b]

 

Tell me more about Antonov's wealth being so coincidentally similar to the loan the EIB gave SAAB. Just what were you trying to say? Especially as Antonov has not taken over SAAB. I really don't know what you were trying to suggest

 

 

Like I said, Pompey fans uncovered the rumafia website months ago, long before it appeared on here and paased it on to the FL. There are all sorts of allegations, none of which are proven. The website claimed he'd taken over SAAB, he hasn't. That's a pretty big error wouldn't you say? So maybe (stress may) their other claims are untrue too. They were claiming that Russian Railways were going to plough $300m into us, not seeing that happen so far are we? And like I keep asking, if you want to buy a football club to launder money through, why buy the club that has more focus on it's financial dealings than any other English club? That doesn't make sense.

 

I'm not sure what the big cut and paste job was all about either as it doesn't mention Antonov. as for knowing and not naming hitmen, Antonov clearly says that the guys who shot his father have been arrested and are going to stand trial.

 

 

 

 

 

Chez, I didn't say he would buy SAAB, I was just pointing out that he hadn't bought it yet. Contrary to what Phil and a number of other posters on here were saying. The Swedish government investigation found no links to organised crime and GM have also reportedly dropped their objections to him buying in.

 

[/b]

 

Chainrai agreed to pay the small creditors personally as a condition of the CVA. He's a scumbag, it's no surprise to anyone he's welched

 

They certainly were on here because i was one of them. Back then they were called "Lowe Luvvies" even if they weren't even the slightest fan of Rupert Lowe. The term "Lowe Luvvie" became merelya label for people to bash anyone who agreed with just one of Lowe's more sensible policies or was skeptical about Wilde. On here you were either a Lowe Luvvie or a Wilde Worshipper and there was a culture that there was no middle ground, there was only one or the other.

 

There was a big 'anyone but Lowe' campaign as soon as Wilde came along and many people wanted him just because he wasn't Rupert Lowe. That didn't mean no one questioned Wilde.

 

During Wilde's tenure, the number of people questioning him began gradually increasing, especially when he wholeheartedly promised and totally failed to invest one penny of his own money into our club

Edited 15 July, 2011 by JackFrost

[tony13579]

Maybe AA should be held personally responsible for this unpaid debt. He was the administrator at the time and promised this on behalf of chinny and sold itto the creditors to get the CVA approved. He let Chinny sell the club without honouring this debt and condition of the CVA

[lumuah]

Can the small creditors issue a winding up notice if they are not part of the cva?

[mack rill]

Can the small creditors issue a winding up notice if they are not part of the cva?

 

Oh dear, you pony boys still playing in the cornfield

[JackFrost]

Can the small creditors issue a winding up notice if they are not part of the cva?

 

Doubt it, and even if they could the judge would always rule in Pompey's favour

[Corporate Ho]

having done due diligence the Russians knew this was outstanding, so they either bought the problem from Chanrai with the rest of the debt or agreed that it was his.

If it wasn't part of the sale surely they would have said asap?

 

As Lampitt is still spending club legal and accountancy fees on avoiding a £115K debt it is clearly a club problem and not a former owner problem.

 

As the Russians are so rich why don't they just pay this debt and stop wasting professional fees in an effort to wriggle out of obligations?

Had they paid this small amount on day one they would have bought incredible PR and local support.

 

To say the situation is unclear after this length of time is ridiculous.

AA spent a fortune on researching this and he had it all down very clearly in black and white ages ago.

There is nothing to dispute.

 

On a similar note, lucky the child-maimer was dim enough to personally commit to Gosport that he would return the £300K rather than doing it through the club.

They dodged a bullet there.

 

Let's take this in order:

 

1. The article clearly states that Andronikou told the creditors meeting that Chainrai himself would pay all small creditors (ie those under £2500) "out of his own pocket". It also clearly states that the money was to be paid by Portpin, not PFC. If Lampitt is spending club money on legal fees it could be for any number of reasons, not least to try and force Chainrai to pay what he owes. How do you arrive at the conclusion that it's "clearly" a PFC problem?

2. Given the money they have Antonov and Dubov clearly could pay the £115K. But if it's not money they agreed to pay whilst Chainrai did agree, why should they? If it's Chainrai's debt, they're not "trying to wriggle out of obligations", Chainrai is.

3. For once you may have got something right. It was down in black and white as Chainrai's debt.

4. Gaydamak agreed this week to pay the money himself if his company Miland Developments don't. Quite how he'd have loaded that one onto the club years after he stopped owning it is beyond me. Perhaps you could clarify? Or is this your latest conspiracy theory - that he still DOES own it?

 

If someone shacked up to dragons den with Pompey as the investment opertunity do you really think any of the dragons would be interested? With all the problems and debt that has been flushed through your club it just looks like an absolutely crazy investment that still has many more questions than answers. Have the ruskies suggested what any of their plans are? How much did they pay for the club? Why is Chainrai still listed at charter house? (whatever it is) Can Chainrai come back if the ruskies bail? Does Gaydamak still own the land around the ground? Do the ruskies intend to buy that land if not already?

 

I dont see many of these questions getting asked or answered when the fans pop round Lampits for Tea and Cake. Only recently some of your fans have started questioning when the debts under £2500 will be paid. Thats something that should have been asked when the offer to sweeten the creditors was made. So many decissions and actions have been made in plain sight of the fans that sat back with a smile on their face lapping it all up when it suited.

 

To be honest SJ77, I said nothing there that I haven't said countless times before on here. If someone wants to enter a sensible debate I'm happy to do so. To answer your questions:

1. Do you think the guys on Dragon's Den would think ANY club was a sensible investment? You think you're doing well and you're losing £7m a year in L1!!

2. CSI have said their aim is to run the club sensibly, quoting Blackpool as an example of a club that reached the PL without spending too much. They didn't say how much they paid for it but Chainrai/ Portpin definitely no longer have a charge over Fratton Park and Chainrai is no longer a secured creditor. Gaydamak still owns the land around the ground and the trust have asked if CSI plan to buy it. The answer was they acknowledge the ground either needs to be developed or a new one built and they'll take their time deciding which one it should be. No point buying the land if they plan to build a new stadium elsewhere (cue Crab Lungs claiming I've said they'll definitely build us a new ground next week)

3. The question about when the small creditors will be paid has been answered on a number of occasions, including at the time the promise was made. Like most Saints fans, the only news most Pompey fans hear about the club is what they read in the paper or see on TV - ie most of them don't sit on messageboards like this or POL and discuss it in minute detail. Understand what you're saying about the Lowe Luvvies but they were in the minority on the main board, just as the Pompey fans asking questions were in a minority. But to say the questions weren't asked is wrong

 

 

I'm not even going to post the link, but there are fans up in arms and disgusted that some small creditors who have debts over the 2,500 are reducing their claims so they qualify for the full 2,500 as opposed to 20p in the pount on a 3,500 debt. One even called it illegal.

 

Actually, it probably would be illegal. Those guys have agreed to the CVA proposal so I don't see how they can start to change their agreement now. The £2500 thing has been going on for a year and if people start trying to reduce their claim it's only going to put the process back even further. I feel sorry for everyone who lost money but that was what they agreed to.

 

£115k to pay of all creditors owed under £2500 or a months wages on another player ??

 

It's Chainrai's debt, not the club's.

 

They certainly were on here because i was one of them. Back then they were called "Lowe Luvvies" even if they weren't even the slightest fan of Rupert Lowe. The term "Lowe Luvvie" became merelya label for people to bash anyone who agreed with just one of Lowe's more sensible policies or was skeptical about Wilde. On here you were either a Lowe Luvvie or a Wilde Worshipper and there was a culture that there was no middle ground, there was only one or the other.

 

There was a big 'anyone but Lowe' campaign as soon as Wilde came along and many people wanted him just because he wasn't Rupert Lowe. That didn't mean no one questioned Wilde.

 

During Wilde's tenure, the number of people questioning him began gradually increasing, especially when he wholeheartedly promised and totally failed to invest one penny of his own money into our club

 

See my response to SJ77 above.

Maybe AA should be held personally responsible for this unpaid debt. He was the administrator at the time and promised this on behalf of chinny and sold itto the creditors to get the CVA approved. He let Chinny sell the club without honouring this debt and condition of the CVA

 

Not sure it could be done legally but it would be lovely to see the crooked bald **** hit where it hurts, or even better struck off (if that's the term)

Doubt it, and even if they could the judge would always rule in Pompey's favour

 

IT'S A CONSPIRACY. LOL

Give up, it's embarrassing

 

[JackFrost]

IT'S A CONSPIRACY. LOL

Give up, it's embarrassing

 

 

You've misunderstood me.

 

No not a conspiracy, just there is far too much politics and money involved for any PL or FL club to be accountable to the law. There is no way in these times a judge will wind up any club in the top 3-4 divisions. I wasn't referring to just Portsmouth, I'm referring to all PL and FL clubs and have made this statement several times in the latter part of this thread. Have a search if you don't believe me. In fact I'll save you the bother

 

 

As for them getting away with it, I've maintained for a long time that there is absolutely no way HMRC can have them wound up because the courts won't. In these times, as they are an English football club in the top 3-4 divisions it means they are above the law.

 

 

 

For a judge to proceed with a winding order it'll need Pompey to go down 2/3 divisions yet and/or a load of negative PR directed at them. Until that happens the high court judges will continue to bottle it

 

 

Try not to jump on statements and make sarcastic comments, it's embarrassing

Edited 15 July, 2011 by JackFrost

[Gemmel]

1. Do you think the guys on Dragon's Den would think ANY club was a sensible investment? You think you're doing well and you're losing £7m a year in L1!!

 

Well quite obviously yes and that club would have been Southampton. Any one with an ounce of business acumen, could see that.

 

To buy the club, build the squad and cover the shortfall to date, has cost the Liebherrs 24 million (As per the last set of accounts) a sound investment with a very decent return if they walked today.

[Wes Tender]

1. Do you think the guys on Dragon's Den would think ANY club was a sensible investment? You think you're doing well and you're losing £7m a year in L1!!

 

Are we losing £7 million a year? It might be that in a particular accounting year our outgoings exceeded our income by that amount (and you'll have to put some moron posting in The News right; he seems to think it's £26 million) But just because outgoings exceeded income on a balance sheet doesn't mean that money is lost. For example, money is being spent on improving the training facilities. Is that money lost? Money has also been invested in getting us out of the third division, the successful achievement of that goal which will result in extra income being generated in higher attendances. Money is also invested in improving the academy set-up, so that in the future we can benefit from cost savings from using our home-grown players.

 

In the same way that some of your posters in The News couldn't grasp why your situation was different to that of ManUre, I'm sure that they believe that our situation is just the same as the Skates' but on a smaller scale. The fact is, we are well run financially and well able to cover the comparatively small amount of investment that has been made in our future. If they wished to sell us, the Liebherrs could recoup most of their money through selling one or two players.

 

So the Dragon's Den people might well consider us a good investment, or would you say that Markus Liebherr is not as canny as them when I comes to turning a profit? Wealth wise, he was wealthier than any of them, so I suspect that he knew what he was doing.

[Torres]

2. Given the money they have Antonov and Dubov clearly could pay the £115K. But if it's not money they agreed to pay whilst Chainrai did agree, why should they? If it's Chainrai's debt, they're not "trying to wriggle out of obligations", Chainrai is.

 

Do they have have much as the Arab who was going to take you over had? How much was that again? Oh yeah:

 

Don't worry, I've read he's only 10 times as wealthy as Abramovich{/quote]

 

And how much did he have?

 

PMSL.

[View From The Top]

Don't worry, I've read he's only 10 times as wealthy as Abramovich

 

[Weston Super Saint]

1. The article clearly states that Andronikou told the creditors meeting that Chainrai himself would pay all small creditors (ie those under £2500) "out of his own pocket". It also clearly states that the money was to be paid by Portpin, not PFC. If Lampitt is spending club money on legal fees it could be for any number of reasons, not least to try and force Chainrai to pay what he owes. How do you arrive at the conclusion that it's "clearly" a PFC problem?

 

2. Given the money they have Antonov and Dubov clearly could pay the £115K. But if it's not money they agreed to pay whilst Chainrai did agree, why should they? If it's Chainrai's debt, they're not "trying to wriggle out of obligations", Chainrai is.

3. For once you may have got something right. It was down in black and white as Chainrai's debt.

4. Gaydamak agreed this week to pay the money himself if his company Miland Developments don't. Quite how he'd have loaded that one onto the club years after he stopped owning it is beyond me. Perhaps you could clarify? Or is this your latest conspiracy theory - that he still DOES own it?

 

 

Is it a skill that you've worked hard to acquire, or do you have a natural ability to make yourself look retarded?

 

Let's take them in order!

 

1. It's 'clearly' a PFC problem, because PFC racked up the debt in the first place! Had you bothered to pay your debts two years ago, we wouldn't be having this discussion. That fact that a lying sleazy businessman who 'owned' your club by default promised to pay the smaller creditors - feel free to see how many of us doubted this would ever happen! - and now has reneged on that offer, doesn't mean it is not still a PFC problem!

 

2. The first signs that your new owners are just as broke as your five previous ones. PMSL.

 

3. It isn't Chanrai's debt, it's PFC's debt - see point number 1 for more explanation about not paying your bills!

 

4. You've clearly typed your response in a fit of rage! Rallyboy was pointing out that Gaydamak was very retarded all those years ago to personally guarantee the debt if the plans did not go ahead - he could, as Rallyboy suggests, have written that burden into the contract as a PFC burden rather than his personal one, had he been a little less retarded. For the record, I don't believe he'll ever pay the money, but I guess that is irrelevant in this argument.

 

In short : 'give up, it's embarrassing'.

[sidthesquid]

What impresses me about Corpy is his tenacity and thoroughness in trawling back through thousands of old post - hia and others - to find things to justify himself with. My only conclusion is that trade is a bit slack in the old kebab-shop and he has a lot of time to kill at present. Personally, I really can't be Rsed to try that hard to prove some point I made a year ago might just have been right.

Edited 15 July, 2011 by sidthesquid
is

[Joey-deacons-left-nut]

So the Dragon's Den people might well consider us a good investment, or would you say that Markus Liebherr is not as canny as them when I comes to turning a profit? Wealth wise, he was wealthier than any of them, so I suspect that he knew what he was doing.

 

Wealthier than them all combined! And that Knob Lord Sugar!

[dubai_phil]

Corpy is clearly worried about the odd co-incidence between the EU loan for saving Saab & the proof of funds of Anotonov. He keeps bringing it up.

 

It actually is completely irrelevant in relation to their wealth figure.

 

The issue will be if the funds aren'tused to save SAAB.

 

http://online.wsj.com/article/SB10001424052702303365804576431673833768648.html

 

Production at Saab has been halted for most of the past three months due to unpaid supplier bills. Last month, the company said it didn't have enough money to pay its employees' wages, and it approached its suppliers with an offer to pay just 10% of their outstanding accounts in an attempt to resume production.

 

It all seems to be going to plan at Saab and of course the collapse of the Chinese investment has not affected things. Saab will simply bring in AA if anything did go wrong, EU will get 20p in the pound back in about 6 years, nobody is going to ask why 400 mil wasn't enough to keep the factories running over the summer & pay suppliers on time to get the lines rolling

[OldNick]

Corp is back again, Pompey must have won a pre-season game.

[positivepete]

Corp Ho, the only problem with using Blackpool as an example is that they spent 140% of income on players wages in their plucky underdog promotion campaign

[Crab Lungs]

http://www.portsmouthfc.co.uk/LatestNews/news/Pompey-0-Chelsea-1-2336.aspx

 

Did Corp Ho write the match report? It makes it sound like Pompey battered Chelsea and they scraped the win, Skates unlucky to lose, "magnificent support" of 19,000 etc etc

[Guan 2.0]

Corp is back again, Pompey must have won a pre-season game.

 

Nope! Tel ben Haim own goal, 1-0 to Chelsea. Maybe that's his 'thank you' for trying to not pay him last season.

[saint si]

Love how Chelsea changed their entire team for the second half. Imagine having that many players in your squad...

[dronskisaint]

Love how Chelsea changed their entire team for the second half. Imagine having that many players in your squad...

 

:lol:

[Saints foreva]

Cracking header from Ben Haim.

 

Quote before the game that made me laugh from a Pompey forum:

According to the OS when I bought a ticket it only gave me a choice of 59 seats left. We are such good fans!!!!

[70's Mike]

http://www.portsmouthfc.co.uk/LatestNews/news/Pompey-0-Chelsea-1-2336.aspx

 

Did Corp Ho write the match report? It makes it sound like Pompey battered Chelsea and they scraped the win, Skates unlucky to lose, "magnificent support" of 19,000 etc etc

 

my missus comes from Pompey and her friend took her 4 kids plus 4 month old grandson to game, 3 of them had never been to a game they were only "there for the Chelsea"

apathy still rules at Fratton

[benjii]

No Lawrence. Injured?

 

Also, I think they have 5 centre backs in that team. Nothing like a well-rounded squad.

[pfc123]

apathy still rules at Fratton

 

Yeah, only 19,345 for a pre season friendly. Crap eh?

[View From The Top]

Yeah, only 19,345 for a pre season friendly. Crap eh?

 

Better than your average gate for a league game.

 

Funny that.

[sidthesquid]

Yeah, only 19,345 for a pre season friendly. Crap eh?

 

Fair play for that, but the tester is Donny & Barnsley, not Chelsea.