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Pompey Takeover Saga


Fitzhugh Fella

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though the few become fewer by the day, let's not pretend that we'd have got 20,000+ for a similar game, the mistake was holding it at all.

 

It was well-motivated but emotionally self-indulgent by the owners - they would have done better to just put their hands in their pockets if they wanted to assist the families, or to get the players to wear t-shirts in a warm up or similar.

 

Holding a high profile fundraiser just adds to the hassle over charities and their relationship with the club.

 

So IMO the game could be considered a poor business decision - though hopefully the win keeps Cotterill in place for a few more games, I really did fear they were going to dump him in this break.

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They have a "Trust" now.

 

"AGM's are not always the most interesting of events but anyone who attended the PST one in September would have been lucky enough to witness a fascinating talk by Dr John Beech, a leading researcher specialising in Sport Management, and in particular football finances . Dr Beech is a great advocate of Supporter Trusts, what they can achieve by way of bringing football clubs closer to their supporters and the communities in which they reside. The Pompey Supporters Trust was born at a time when our beloved club was on its knees and there was real concern as to whether it would continue to exist, we now find ourselves in more stable time but there is still much that can be achieved by having an active Trust.

 

One of the main aims of any Trust should be supporter representation, in the long term this could mean having a supporter on the PFC board, potentially also owning shares in the club. There are many people who remain cynical that this could ever be achieved but there are plenty of examples to prove otherwise. We now have our first Premiership club partially owned by a Trust, the Swansea Trust own 19% of their club and have one executive and one-non executive representative on the board. Even without the shares or the seats at the board room table it is important to have groups who can campaign on behalf of the fans, and the PST has been working hard to do this since its inception. A single group can never represent all fans, there will always be dissenting voices, however the board of the PST will be working harder to liaise with other supporter organisations, website admins and of course its own members to form collective views on key topics. Too much time can be lost on bickering, when together Pompey fans offer a powerful voice that the management at PFC would be foolish not to listen to.

 

Another area that will be key for the PST this year is the concept of "Community Pompey", an initiative where we hope the PST will play an active part in helping to rebuild some of the broken bridges between club and fans, engaging more with both active and inactive fans as well as the community as a whole. Many of you may already be aware of the great work carried out by Pompey Sports & Education Foundation (PSEF), and with the intention of building closer links the PST & PSEF we invited PSEF Director Clare Martin to join our board and we are delighted she has accepted.

 

One item close to the heart of every Pompey fan is the debate around a new ground or redeveloped Fratton Park, undoubtedly the biggest project PFC will undertake in the next few years and it is critical that supporters have a say in the direction that is taken. This is why we have appointed Mike Saunders, a qualified architect and PST board member to look specifically at all ground related issues and build a plan that ensures our views are taken into account. On the Continent it is not uncommon for supporters to own stakes in their stadiums giving them a tangible grip on not just the history but also the future of their club, and Mike is already working with others to see if such a thing could ever work here.

 

I recognise that as a board there are areas where we need to improve, at the top of our list we need to do better with communications, We now have individuals looking specifically at how we communicate with not just our existing members, but also non-members, public bodies and local business. I believe that a lot can be achieved with a Pompey Trust but we do need your support, the more members we have the stronger voice we command and for less than the price of a couple of pints you can join up. You have an enthusiastic and resourceful PST board and I'll be asking each of them to report on their activities over the coming weeks so that you are not only aware of what your Trust is doing but also learn more about the individuals who are giving up their time to do it!

 

Play Up P****y

 

Ashley Brown"

 

Lovin' the bit about plans for a new ground. Already the Russians have said there are no plans for a new ground.

 

Seems like "Trusts" everywhere attract a certain kind of ****wit.

Edited by manji
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Of all the things to knock Portsmuff for (and there are many!!!), not sure I agree with either the jibes at the staging of this game, nor the attendance. Obviously there's the Ruski connection, but I didn't hear of any other clubs going out of their way to stage a match or have a whip round, so fair play to them for at least trying to do something.

 

And as for the attendance, then it was about 3,000 more than I thought they would get. Compare it to some other "friendlies" and is it that bad (8,000 for the Liebherr Memorial Trophy?)????

 

(The caveat is of course that all this only applies if the money does find its way to its intended recipients and not like the last time when they were witholding monies promised to charities).

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Of all the things to knock Portsmuff for (and there are many!!!), not sure I agree with either the jibes at the staging of this game, nor the attendance. Obviously there's the Ruski connection, but I didn't hear of any other clubs going out of their way to stage a match or have a whip round, so fair play to them for at least trying to do something.

 

And as for the attendance, then it was about 3,000 more than I thought they would get. Compare it to some other "friendlies" and is it that bad (8,000 for the Liebherr Memorial Trophy?)????

 

(The caveat is of course that all this only applies if the money does find its way to its intended recipients and not like the last time when they were witholding monies promised to charities).

 

Don`t forget that tickets were only £2

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Don`t forget that tickets were only £2

 

And at £2 they should have got more through the gates????

 

Or at £2 donation each was it even worth hosting???

 

Maybe to both, but at least they did something.

 

Pretty easy to snipe from the sidelines at what was actually a genuine attempt to help others less fortunate. There's plenty to rip in to Portsmuff about (including the non payment of charities last time around), but IMHO it's a little bit tacky ripping to to them on this one.

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though the few become fewer by the day, let's not pretend that we'd have got 20,000+ for a similar game, the mistake was holding it at all.

 

It was well-motivated but emotionally self-indulgent by the owners - they would have done better to just put their hands in their pockets if they wanted to assist the families, or to get the players to wear t-shirts in a warm up or similar.

 

Holding a high profile fundraiser just adds to the hassle over charities and their relationship with the club.

 

So IMO the game could be considered a poor business decision - though hopefully the win keeps Cotterill in place for a few more games, I really did fear they were going to dump him in this break.

 

Fear not rallyboy:

 

http://www.portsmouth.co.uk/sport/pompey/pompey-past/great-matches/cotterill_s_record_ranks_highly_in_table_of_recent_fratton_bosses_1_3120921

 

the Russian mafia have an 'unshakable belief' in the clotter! The skates best stop slagging off their manager as the MOB have spoken!

 

That is also a rather hilarious article I must add, slating all previous managers for the club, as some kind of desperate justification of the clotts existence.

 

...

 

So, a bumper 4k attendance! Well that has certainly exceeded my expectations, I was thinking a 1/3 of that tops, so well done Corp, Mack et al. That said, I doubt they will have scraped enough £2 coins together to make any worthwhile donation to Russia. If they have to cover the russian sides travel, and/or accommodation, they have most likely made a considerable loss.

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http://news.bbc.co.uk/sport2/hi/football/15201322.stm

 

Anyone care to explain what the difference between Pompey and Plymouth is? Am I right to think that the Football League are blocking Plymouth's attempts to sign a 19th and 20th player to their squads when Pompey were allowed to do so?

 

Both were/are in administration, both were/are insolvent (technically), and both were governed by the Football League...

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Am I right to presume VAT will be deducted from the £2.00 Adults ticket

 

So est 4,328 x say 3,328 adults x £2.00 less 20% = £5,319

 

est 1,000 kids x free

 

How much for stewards, electricity, police, St Johns, other costs etc?

Will the Players Union under that nice Gordon Taylor demand appearance money?

 

The gate receipts were probably less that at a Havant & Waterlooville game!!

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Am I right to presume VAT will be deducted from the £2.00 Adults ticket

 

So est 4,328 x say 3,328 adults x £2.00 less 20% = £5,319

 

est 1,000 kids x free

 

How much for stewards, electricity, police, St Johns, other costs etc?

Will the Players Union under that nice Gordon Taylor demand appearance money?

 

The gate receipts were probably less that at a Havant & Waterlooville game!!

 

Probably a score to each family member of each player concerned, max. If the Russian mafia are rich enough to buy Saab, spyker and own 'banks' then surely they could have made a private donation that would not have been an insult to the families of lost ones.

 

That said, the owners must be commended PR stunt or not, emotionally self indulgent or not.

 

Let us not forget, daddy Gadymack sold tanks, helicopters and circa 200,000 landmines. he supplied a civil war FFS.

 

1999_Angola_Landmines.jpg

 

 

landminesangola75-200.jpg

 

 

_40573459_angolatank_bbc_203.jpg

 

AngolaADOL-004-1.jpg

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as one of those who doubted their wisdom, I still don't see how the game was a good idea U.P.

 

A personal donation by the owners would have been worthy and constructive, but a predictably poorly-attended game where the tickets have to be all but given away doesn't really support the cause.

At least they did something?

Many clubs do a lot of things for various causes, but they think them through and don't set up games that will lose money when a donation would have been sensible.

 

So I still maintain it wasn't a great idea.

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Fear not rallyboy:

 

http://www.portsmouth.co.uk/sport/pompey/pompey-past/great-matches/cotterill_s_record_ranks_highly_in_table_of_recent_fratton_bosses_1_3120921

 

the Russian mafia have an 'unshakable belief' in the clotter! The skates best stop slagging off their manager as the MOB have spoken!

 

That is also a rather hilarious article I must add, slating all previous managers for the club, as some kind of desperate justification of the clotts existence.

 

That is, without doubt, an absolute stonker of an article. Supposedly all about how well Cotterill's doing, but what does it actually tell the reader? One thing and one thing only - just how shíte Pompey have been, and for how long. Look at some of the quoted points per game and win ratios, and remember that the majority of them were achieved (if that's the right word!) in the second, third and maybe even fourth tiers of English football. Yep, that's how bad they've been.

 

Whatever way you look at it, the cheerleading slogan for Cotterill - that he's not quite as bad as Avram Grant, pretty much on a par with Graham Rix, and way better than Paul Hart, Alain Perrin and Tony Adams - lacks a certain inspirational quality. Read it and weep - with laughter.

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So I still maintain it wasn't a great idea.

 

I'm also not convinced it was a good idea and thought they were only going to just about get in to 4 figures with the attendance, but being unsure of its "commercial" worth is somewhat different than having a pop at those who actually gave it a go (in particularl th ccko waving with regards attendances).

 

As for the owners just handing over the money, well as I said on another thread recently (can't remember which one) sometimes it is just as important in a more holistic manner to recognise where the donation came from and, "For it is in giving that we receive".

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Its staggering, almost as if these skates have goldfish memories! Despite having a CVA agreement, with a £10k wage cap, they had the highest paid XI in the division last season

 

Why do you keep posting this crap? Pompey didn't have the highest wage bill in the division. It was high certainly as we had some players like Nugent and Utaka that we couldn't offload but it wasn't the highest.

 

'How on earth do you reckon gates of 12 - 16k pay 2 strikers on £20k per week, a centre half on £36k a week and Varney and Norris on at least £12k a week, plus whatever Benjani is on (and bear in mind he said he was going to sign for Blackburn again in the summer - I guess you're paying him more money than they are). That's without bringing the likes of Halford into the equation.

 

Let's say we get average crowds of 14,500 (it was around 15,500 last season so lets take it dowen slightly) at an average of £26 a seat. That gives you £8.7m. Add in a couple of cup games, the commercial side of things, TV money etc and income is probably goning to be around £12 - £13m. Of course, CSI might put some cash in themselves (they have a budget as Philly keeps reminding us and even if it hasn't gone up from last year Philly says they have £3.8m left for this year) so that makes £15 - £16m. We only have 21 players at present and whilst Ben Haim, Kitson and Lawrence are on big money and Varney and a couple of others might be on the wages posters on here have speculated on others are on far less (Futacs who we signed recently is on £2.5K a week). If Benjani was going to re - sign for Blackburn again why was he traing with Stockport when we signed him? You're talking ****e again (as usual). So her won't be on the ridiculous wages people here have specualted. Even if all our players were on an average of £15K a week that would bring the wage bill in at around £16m. Of course there are other costs but it's not an average of £15K a week. You are all talking out of your arses - again.

 

Now, I'm not an accountant or specialist in this area, nor would I ever want to defend the skates, but I don't believe it works that way!

 

The CVA doesn't restrict what they can and can't spend now

 

any wagecap and a common sense attitude to finance is nothing to do with the CVA, it's to keep the football authorities onside as they still want to see projections and budgets that make sense, all part of the post-admin agreements.

 

Lampitt's major role is presumably to make sure that his former colleagues accept any bonkers plans they submit.

 

So yes they can pay someone £100K a week.....but they'll find that their golden share has gone walkies pretty sharpish if they do.

 

The CVA doesn't restrict us from paying people £100K a week but as Rallyboy says (correctly, for once!!) the FL have to approve everything we spend so we couldn't do that. Interestingly, given that agreement we have with them that so many of you think CSI bought the club to launder money. How are they going to do that if we can't spend freely?

 

This highlights the extreme parallels we now exist in. On one side we have an honest, hardworking group of players who work for each other, on the other side we have the worst disciplinary record in the league from an aging bunch of mercenary individuals

 

ROTFPMSL. Not this old ****** again. Pompey's players are all mercenaries whilst Saints are all there for the love of the club. Do you really think Fonte would have dropped a division if you hadn't offered him silly money to do it, especially as your fans keep telling me he's PL class? Why did Lambert throw his toys out of his pram when you wouldn't agree to sell him to Newcastle last season? Do you think if Liverpool came in for Lallana he'd stay?

 

Talk about deluded :lol:

 

So, a bumper 4k attendance! Well that has certainly exceeded my expectations, I was thinking a 1/3 of that top

 

Very poor crowd. If only we could have got the sort of crowd you got for the "Save the Saints" charity game you organised when it looked like you were going under. How many tickets did you sell for that one?

 

cotterill.jpg

 

Cotterill had a sudden realisation: "The Pompey fans are right, I do talk loike a scummer"

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Let's say we get average crowds of 14,500 (it was around 15,500 last season so lets take it dowen slightly) at an average of £26 a seat.

 

That gives you £8.7m.

 

Are you insane? Do you seriously think the average ticket for Fratton Park is £26?

 

The 9,000 season ticket holders don't pay anywhere near £26 per match. Nor do many of the concessions pay £26 in the walkup (particularly the children). So when you get gates of 12,000 vs Peterborough, match-day income is tiny.

 

Did you go to the Peter Storrie school of accounting?

Edited by Matthew Le God
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If I had the time (and I might), I'd go through the CVA which lays bear in glorious detail all of their income and outgoings over a long enough period so as to be representative.

 

Few adjustments needed such as removing some obvious one-off items and scaling down matchday income tickets in line with falling attendances, but should provide decent insight ...

 

Now if only they filed accounts...

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average £26 a seat? wishful thinking i think, ho

 

so you don't have any kids attending or season ticket holders?

 

And when did Lambert throw his toys out of the pram? You just made that up

 

You are the deluded one if you think your pathetic outfit are anywhere close to breaking even

Edited by COMEONYOUREDS
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Average ticket price £26?????? PMSL. Try £19. Also there are the freebies that are given out for every home game, the promotions - For just £44, a family of four will be able to watch the Blues in action in selected home games this season – that’s an incredible saving of £32! So they are only paying an average of £11 each.

 

Then there is this one - An adult season ticket holder can bring an extra adult and two children for just £30! Or adult and child season ticket holders (must be related) can add an extra adult and child ticket for £22 for any of four selected games. So more discounted tickets there then.

 

All of a sudden the revenue stream is dwindling.

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My best guess at their ticket income for this season is a couple of hundred thousand either side of £4.5m.

 

But don't forget that nice Mr. Chainrai collected about a third of that from Zebra finance at the end of last season. Although I'm sure he put that straight into a high interest savings account for the new owners.

 

The really sad thing for them (and I do mean that) is that if their previous owners and directors had been just a bit less stupid, or crooked, they could have been sitting on £16m of parachute payments this season, and had more than just a passing interest in what's happening at the top half of the league table.

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If I had the time (and I might), I'd go through the CVA which lays bear in glorious detail all of their income and outgoings over a long enough period so as to be representative.

 

Few adjustments needed such as removing some obvious one-off items and scaling down matchday income tickets in line with falling attendances, but should provide decent insight ...

 

Now if only they filed accounts...

 

Wasn't one step to create a viable business to reduce the wage bill to £10m in the second year and then further still? So for a squad of 21 players that is an average of £9.2k per week.

 

01 Ben Haim £35k

02 Kitson £20k

03 Lawrence £20k

04 Halford

05 Varney

06 Norris

07 Rocha

08 Mullins

09 Kanu

10 Riise

11 Mokoena

12 Huseklepp

13 Ashdown

14 Henderson

15 Benjani

16 Ward

17 Pearce

18 Hriedersson

19 Futacs

20 Williams

21 ?

 

ummh I don't think so.

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Let's say we get average crowds of 14,500 (it was around 15,500 last season so lets take it dowen slightly) at an average of £26 a seat. That gives you £8.7m. Add in a couple of cup games, the commercial side of things, TV money etc and income is probably goning to be around £12 - £13m. Of course, CSI might put some cash in themselves (they have a budget as Philly keeps reminding us and even if it hasn't gone up from last year Philly says they have £3.8m left for this year) so that makes £15 - £16m. We only have 21 players at present and whilst Ben Haim, Kitson and Lawrence are on big money and Varney and a couple of others might be on the wages posters on here have speculated on others are on far less (Futacs who we signed recently is on £2.5K a week). If Benjani was going to re - sign for Blackburn again why was he traing with Stockport when we signed him? You're talking ****e again (as usual). So her won't be on the ridiculous wages people here have specualted. Even if all our players were on an average of £15K a week that would bring the wage bill in at around £16m. Of course there are other costs but it's not an average of £15K a week.

 

Now come on Corp. You know jolly well that you are not very good at numbers so why do you try?? This is one of the funniest posts you have written.

 

You have forgotten VAT in your sums.You have forgotten that other people at the club like the Clot need to be paid. You have wildly overstated the price of a ticket (average £26 !!!) and even then your dodgy maths gets you to players wages = 125% of turnover - before owners's contributions. How about all the other costs of running a business??

 

Just admit it - you are financially fcked and it is going to end in tears ....again.

Edited by Tamesaint
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The CVA doesn't restrict us from paying people £100K a week but as Rallyboy says (correctly, for once!!) the FL have to approve everything we spend so we couldn't do that. Interestingly, given that agreement we have with them that so many of you think CSI bought the club to launder money. How are they going to do that if we can't spend freely?

 

Are you sure?

 

Whilst in administration and having not confirmed terms of the CVA this was most definitely the case - as it is with all clubs in that situation.

 

However, after exiting admin and agreeing CVA terms, I'm not sure that's the case - I could however be completely wrong, so I'd be happy to be proved otherwise with some sort of clicky linky thingy....

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pity you didn't wake up some of the England rugby team.

They just need Gerrard and Lampard failing miserably to reproduce club form in the middle and it'll be like every flipping football world cup we've been to in the last three decades.

I still reckon we can have the French at cricket.

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pity you didn't wake up some of the England rugby team.

They just need Gerrard and Lampard failing miserably to reproduce club form in the middle and it'll be like every flipping football world cup we've been to in the last three decades.

I still reckon we can have the French at cricket.

 

England seem to be the only national team that seems to get worse when it gets to major tourny's. The further they go into them the worse they get! Everyone else steps up there game while England manage to mess basic passing up!

 

Anyway, Any sign of the forensic report on all things failing for the blew few? Im sure that will cheer me up no end! ;)

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Steve Cotterill celebrated Tal Ben Haim’s unlikely Pompey revival and insisted: He’s a key part of our team now.

 

Yes Steve, he is key, mainly as the club is passing all of their matchday income directly to him!

His contract is nearly as big as the club itself.

 

He is key to holding the business back from rebuilding in a sensible way.

He's a big chunky millstone around your neck Stevie boy - but you keep telling us otherwise and maybe one day we will believe you...

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pity you didn't wake up some of the England rugby team.

They just need Gerrard and Lampard failing miserably to reproduce club form in the middle and it'll be like every flipping football world cup we've been to in the last three decades.

I still reckon we can have the French at cricket.

 

And wars!

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Average ticket price £26?????? PMSL. Try £19. Also there are the freebies that are given out for every home game, the promotions - For just £44, a family of four will be able to watch the Blues in action in selected home games this season – that’s an incredible saving of £32! So they are only paying an average of £11 each.

 

Then there is this one - An adult season ticket holder can bring an extra adult and two children for just £30! Or adult and child season ticket holders (must be related) can add an extra adult and child ticket for £22 for any of four selected games. So more discounted tickets there then.

 

All of a sudden the revenue stream is dwindling.

 

You would think that with all the incest going on down the road that deal is enough to bankrupt them again in next to no time ;-)

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The Scarecrow is linked with the Bristol City job this morning. Bad news. Although you can probably rely on those Russians to appoint either a) a gimmicky manager to appease the bestest fans in the world or b) some little known Russian with no understanding of English football. So probably nothing to worry about after all.

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Some details coming out about the major improvements to FP

 

http://www.portsmouth.vitalfootball.co.uk/article.asp?a=258227

 

replacement of a clock with an electronic scoreboard

hot water in the ladies toilets

a light

 

Improvements

 

The club`s owners have announced that they want fans to tell them what improvements they would like made to the old ground in the next few years as there are no plans to move stadium for at least four years.

 

Meanwhile at the last Safety Advisory Committee meeting learnt that the clock at the Fratton End is to be replaced with an electronic scoreboard. The toilets are to be upgraded. This is to include the installation of DHW to the Ladies toilet. Externally, lighting is to be introduced to the rear of the North Terrace.

 

Now I take it DHW is Domestic Hot Water.

 

In a hurry then!!

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