eurosaint Posted 10 October, 2011 Share Posted 10 October, 2011 They are getting desperate for cash again... http://www.portsmouthfc.co.uk/LatestNews/news/Pompey-v-Doncaster-Ticket-Offer-2653.aspx That cannot be right ! Corp Ho says that the 'average' seat costs £26 !!! Link to comment Share on other sites More sharing options...
Corporate Ho Posted 10 October, 2011 Share Posted 10 October, 2011 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?? Silly mistake to omit the VAT but even so, average ticket price is still going to be higher than you're making out. Most games are £30 at Fratton with a few at £25. I'm a ST holder and games work out at £20 for me so how £20 would be the average is beyond me. The £44 family ticket ( a good initiative I think) won't sell thousands I think the average price is probably around £22 - £23. At gates of 14,500 with VAT deducted that still gives you over £6m in gate receipts. Add in TV money, commercial income and whatever CSI add (£3.8m minimum according to Dubya Phil) and you're at around £12 - £13m. I said in the original post that players wages weren't the only costs but you seem to have ignored that. You also ignored the fact that I said £15K a week wouldn't be the average and have just taken the £16m as a final figure. Nothing like ignoring the contents of a post to fit the agenda, eh? Corp that was ****ing priceless! You tool! Ah, the Holepuncture. remind me, what's the record for mistakes I've been able to point out in one of your posts? 6? 7? Are you still adamant that we didn't make any money on the sale of Muntari? Or Diarra? What about we didn't make any money on the sale of Johnson (bought for £4m, sold for £18m but, according to you, we owed most of the money we got to the club we bought him from). What about CSI owning SAAB? If you want to call someone a tool I can suggest someone much closer to home for you. Link to comment Share on other sites More sharing options...
Matthew Le God Posted 10 October, 2011 Share Posted 10 October, 2011 Silly mistake to omit the VAT but even so, average ticket price is still going to be higher than you're making out. Most games are £30 at Fratton with a few at £25. I'm a ST holder and games work out at £20 for me so how £20 would be the average is beyond me. Well you have just lost £2m from your original business plan. You can easily chalk off a lot more!... What makes you think £20 is the average? How about all the season tickets for concessions? How about all the cheap seat season ticket holders? Are they paying £20 a game? Link to comment Share on other sites More sharing options...
Matthew Le God Posted 10 October, 2011 Share Posted 10 October, 2011 Would be a shame if this happened, as I want him to still be in charge when we play them live on the BBC... http://www.thisisnottingham.co.uk/Cotterill-emerges-strong-contender-manager-s-job/story-13519504-detail/story.html Link to comment Share on other sites More sharing options...
Corporate Ho Posted 10 October, 2011 Share Posted 10 October, 2011 Well you have just lost £2m from your original business plan. You can easily chalk off a lot more!... What makes you think £20 is the average? How about all the season tickets for concessions? How about all the cheap seat season ticket holders? Are they paying £20 a game? Well I'd think adults in the Fratton End, South & North Stands would make up around 90% of ST holders and here's the pricing for those: Fratton End/South Stand/North Stand - Adult First Phase: £450 - £19.56 per match Second Phase: £499 - £21.69 per match Yes, there are concessions for kids and the family enclosure but as our family section is very small it can't contribute that much. How much would you say other ST sales other than those listed above would contribute to total sales? Link to comment Share on other sites More sharing options...
Matthew Le God Posted 10 October, 2011 Share Posted 10 October, 2011 (edited) Well I'd think adults in the Fratton End, South & North Stands would make up around 90% of ST holders and here's the pricing for those: Fratton End/South Stand/North Stand - Adult First Phase: £450 - £19.56 per match Second Phase: £499 - £21.69 per match Yes, there are concessions for kids and the family enclosure but as our family section is very small it can't contribute that much. How much would you say other ST sales other than those listed above would contribute to total sales? 90% really? So not much in the way of seniors, students, young adults, disabled/enablers or kids then? Edited 10 October, 2011 by Matthew Le God Link to comment Share on other sites More sharing options...
Colinjb Posted 10 October, 2011 Share Posted 10 October, 2011 Would be a shame if this happened, as I want him to still be in charge when we play them live on the BBC... http://www.thisisnottingham.co.uk/Cotterill-emerges-strong-contender-manager-s-job/story-13519504-detail/story.html "Cotterill has done an impressive job at P**tsm**th on a limited budget." Come on then, who's going to tell them. Any volunteers? Link to comment Share on other sites More sharing options...
Joey-deacons-left-nut Posted 10 October, 2011 Share Posted 10 October, 2011 Does theprice of anything actually matter now? They'v ebeen bought by the Russians.. if the break even, great, If the Russians pump in Cash to keep them afloat, well, that sucks, but such is life. Link to comment Share on other sites More sharing options...
Jimmy_D Posted 10 October, 2011 Share Posted 10 October, 2011 90% really? So not much in the way of seniors, students, young adults, disabled/enablers or kids then? The future for their attendances is looking pretty bleak if they're not getting any kids through the turnstiles... CSI are in this for the long haul, right? Link to comment Share on other sites More sharing options...
gaz Posted 10 October, 2011 Share Posted 10 October, 2011 "Cotterill has done an impressive job at P**tsm**th on a limited budget." Come on then, who's going to tell them. Any volunteers? Thats actually a good move for Clot. All the Forest fans I know have resigned themselves to struggling this season, its common knowledge that the chairman is broke, the club is running on bare minimum. They have a decidely average squad and the fans were sceptical with the feeling that Steve McLaren was brought in as a ''big name'' appointment, not neccessarily because of his ability - the fans didn't want him, they wanted Billy Davies (and some still do). If Clots goes and fails, he'll say it was all down to Macca and the lack of budget, the fans would agree. If he does well, then it fixes his reputation after the Skate ballsup. Either way, I bet he wants out of Fartton ASAP. The question is, who on Earth would Vlad the Impaler bring in to replace him? I've got 40-1 on it being a Russian Ice Hockey boss..... Link to comment Share on other sites More sharing options...
gaz Posted 10 October, 2011 Share Posted 10 October, 2011 Does theprice of anything actually matter now? They'v ebeen bought by the Russians.. if the break even, great, If the Russians pump in Cash to keep them afloat, well, that sucks, but such is life. Does it matter? Only the small matter of wondering if they are working on the theory of living within their means and aiming to pay off the CVA as and when agreed, or working to the traditional Pompey ''Sh1t or bust'' technique. Either way, neither Vlad nor Roman look like they want to spend a penny on improving the product, i.e. Football.... Link to comment Share on other sites More sharing options...
hypochondriac Posted 10 October, 2011 Share Posted 10 October, 2011 Big lol to be had here: http://pompey-fans.com/ (Second article down.) Link to comment Share on other sites More sharing options...
Chin Strain Posted 10 October, 2011 Share Posted 10 October, 2011 "Cotterill has done an impressive job at P**tsm**th on a limited budget." Come on then, who's going to tell them. Any volunteers? Put me down for that. Blood y website posted it 3 times! Link to comment Share on other sites More sharing options...
Dark Munster Posted 10 October, 2011 Share Posted 10 October, 2011 If Forest are going to fall for the old Stevie-boy has done a great job with limited finances crap, more fool them. One clown out for them, and a new one in. As for a possible manager's vacancy at Cheats FC, I think Stuart Gray is now ready to step up and do a stirling job for them. It will be interesting to see who finishes lower: Forest or the DFCSBs. Link to comment Share on other sites More sharing options...
rallyboy Posted 10 October, 2011 Share Posted 10 October, 2011 so Forest will pay pompey £300K to take Cotterill off their hands?? This is where the Russians' WRC experience comes in - fire up the Scooby and get Cotterill to Nottingham before they change their mind. I'm pretty sure we did the same driving Burley to Scotland. Link to comment Share on other sites More sharing options...
pedg Posted 10 October, 2011 Share Posted 10 October, 2011 If Forest are going to fall for the old Stevie-boy has done a great job with limited finances crap, more fool them. He has done a good job on limited something but its not finances, ability springs to mind. Link to comment Share on other sites More sharing options...
gaz Posted 10 October, 2011 Share Posted 10 October, 2011 Forest won't pay a penny. Apparently they have spoken to Paul Hart but don't want to pay any current employers for the services of their employee. http://news.bbc.co.uk/sport1/hi/football/15213927.stm ''BBC Radio Nottingham understands that Forest are not in a position to pay compensation to secure their new manager.'' http://news.bbc.co.uk/sport1/hi/football/15185590.stm Forest simply don't have the money. Link to comment Share on other sites More sharing options...
saintjay77 Posted 10 October, 2011 Share Posted 10 October, 2011 Forest won't pay a penny. Apparently they have spoken to Paul Hart but don't want to pay any current employers for the services of their employee. http://news.bbc.co.uk/sport1/hi/football/15213927.stm ''BBC Radio Nottingham understands that Forest are not in a position to pay compensation to secure their new manager.'' http://news.bbc.co.uk/sport1/hi/football/15185590.stm Forest simply don't have the money. They are dealing with the skates. If anyone knows how to do business without having the money it's the skates so surely it's just a minor hurdle? Link to comment Share on other sites More sharing options...
Tamesaint Posted 10 October, 2011 Share Posted 10 October, 2011 Silly mistake to omit the VAT but even so, average ticket price is still going to be higher than you're making out. Most games are £30 at Fratton with a few at £25. I'm a ST holder and games work out at £20 for me so how £20 would be the average is beyond me. The £44 family ticket ( a good initiative I think) won't sell thousands I think the average price is probably around £22 - £23. At gates of 14,500 with VAT deducted that still gives you over £6m in gate receipts. Add in TV money, commercial income and whatever CSI add (£3.8m minimum according to Dubya Phil) and you're at around £12 - £13m. I said in the original post that players wages weren't the only costs but you seem to have ignored that. You also ignored the fact that I said £15K a week wouldn't be the average and have just taken the £16m as a final figure. Nothing like ignoring the contents of a post to fit the agenda, eh? I cannot really believe that you want to carry on with this particular debate. I thought that your absence from this board over the last few days was your tacit acknowledgment that you were wrong but clearly not. You want to continue this debate. I am not quite sure what you are trying to prove but I guess that you want to show that you are really, really currently living within your means. Lets look at a few facts - taking your numbers where we can: Lets suppose that your average attendance will be 14,500 this season. I think that this is unlikely. We will fill your stadium for you and that will increase your average but so far this season you have averaged 14,247. Your last attendance was 12,102 which looks ominous and must cast doubt on your average being 14,500 - but lets take your figure. You claim that the average revenue is £22. Others on this forum have cast doubt on it being this much but lets again take your figure. Taking your figures your gate receipts will be £6.1 million this season -after VAT: £ £ Revenue before VAT per match 319,000 Revenue before VAT per season 7,337,000 Deduct VAT at 20% -1,222,833 Revenue per season 6,114,167 Now lets look at some of your outgoings. You do not seem to dispute the posts on here that say that TBH is on £36k per week, Kitson and Lawrence on £20k per weeek and you say that Varney and "a couple of others" are on £15 k per week. I am not sure why there are only a "couple of others" on this much - Halford, Kanu and Moekana would all be on decent wedges whilst I am sure that Norris didn't leave Ipswich to be one of the lower paid players but lets take your figures and just assume that there are only a couple of others on £15k per w eek: TBH = £36 k per week =- 1,872,000 Kitson = £20k per week = 1,040,000 Lawrence = £20k per week = 1,040,000 "Varney and a couple of others"= £15k per week 2,340,000 Total wages for 6 players 6,292,000 National Insurance at 13.8% on 6 players wages 868,296 TOTAL WAGE COSTS FOR 6 PLAYERS 7,160,296 So in other words just 6 of your players will cost more than £1 million more than your gate receipts this season - and thats using your dodgy numbers!! Of course you have other sources of income. Like the Cups. I am sure that the proceeds from your League Cup run will go a long way to flling the gap. How many did you get watching your game against Barnet?? 4,464 wasn't it?? Your share of that would pay the wages of TBH for what, 3 days??? Of course I forgot the other sources of income. Like the hospitality boxes that all clubs have these days- oh I forgot about you. Never mind. I just hope for your sake that CSI have deep pockets because without them digging deep there is no way that you are going to get £13 million income... and you are going to need at least £ 13 million to keep going. In addition to the high earning 6 players you have another 15 (by your reckoning) to pay. And the Clot wants to be paid, As do the coaching staff. And Lumpitt. And the rest of the "business." Keeping a football club going is pretty expensive these days. Apparently your lot flew to Leeds the other day. Perhaps they should have hitch hiked!! Link to comment Share on other sites More sharing options...
rallyboy Posted 10 October, 2011 Share Posted 10 October, 2011 mmmm, I'm starting to wonder whether the figures stack up.... If I was forced to offer an opinion I think I might suggest that perhaps they don't. So when did/will the russians realise, and what is their exit/crisis plan? Link to comment Share on other sites More sharing options...
dubai_phil Posted 10 October, 2011 Share Posted 10 October, 2011 mmmm, I'm starting to wonder whether the figures stack up.... If I was forced to offer an opinion I think I might suggest that perhaps they don't. So when did/will the russians realise, and what is their exit/crisis plan? Oh there's gonna be such a ROFL told you so moment when THAT happens. You gotta love the new technology of Digital Forensics Link to comment Share on other sites More sharing options...
holepuncture Posted 10 October, 2011 Share Posted 10 October, 2011 Revenue per season 6,114,167 TOTAL WAGE COSTS FOR 6 PLAYERS 7,160,296 PMSL... they have to fund the new toilets too, and hot water in the ladies FFS... I feel a rendition of "Pompeys going down with no money in the bank" is in order ALL TOGETHER NOW! Link to comment Share on other sites More sharing options...
gaz Posted 10 October, 2011 Share Posted 10 October, 2011 Strange isn't it, how they manage to find a fake owner, an owner who didn't want to own them, now owners who are rich but want to spend naff all on them. Only in Pompey. Link to comment Share on other sites More sharing options...
mack rill Posted 10 October, 2011 Share Posted 10 October, 2011 Forest won't pay a penny. Apparently they have spoken to Paul Hart but don't want to pay any current employers for the services of their employee. http://news.bbc.co.uk/sport1/hi/football/15213927.stm ''BBC Radio Nottingham understands that Forest are not in a position to pay compensation to secure their new manager.'' http://news.bbc.co.uk/sport1/hi/football/15185590.stm Forest simply don't have the money. Vlad if they offer ten bob a week snap there feckin ands off, Link to comment Share on other sites More sharing options...
BigShadow Posted 10 October, 2011 Share Posted 10 October, 2011 Vlad if they offer ten bob a week snap there feckin ands off, I suppose that is more than the creditors of the CVA will ever see. Link to comment Share on other sites More sharing options...
Channon's Sideburns Posted 11 October, 2011 Share Posted 11 October, 2011 Wonder if Corpy has got his head around WHY we thought Poopey would see no money from the Muntari deal etc. It doesn't matter what you 'think' you paid for Johnson etc...you would have agreed to purchase in staged payments....as would anyone who bought him. So if you still owed £3M (for example) when you sold him, then there's no way you would have got the full selling price... Repeat x the whole squad you insolvently bought.... Link to comment Share on other sites More sharing options...
rallyboy Posted 11 October, 2011 Share Posted 11 October, 2011 It must be difficult not to have your head turned by the money involved. Agent. My client wants to buy player X. Seller. He's not for sale. Agent. They'll pay £10M. Seller. No thanks. Agent. He's already been tapped up with a massive pay increase. Seller. He's not going anywhere. Agent. How about £6M...and there's £1M each for you and I to make it happen.................... Seller. See you at the services in 10mins. And completely unrelated - I'm not convinced about the huge profits claimed on transfer deals like the Johnson one. A player rockets in value....that means he has either developed amazingly - or he was deliberately undervalued in the books for the initial deal. Perhaps agent fees were quite large, or perhaps his signing on fee was massive, he may have had a few million for image rights, or perhaps there were other monies moved to other parties who smoothed the deal through.... I'm sure some agents can make any deal happen, but they will want a huge slice of big profits, and that cannot appear in the books. Then you add in his wages on and the huge profit looks a bit paltry. So I'm sure there was a profit, but we all saw the agent fees in the accounts and we all know that there seems to be a lot of money unaccounted for. Perhaps the forensic investigation will explain a few of the odd deals. Link to comment Share on other sites More sharing options...
saint si Posted 11 October, 2011 Share Posted 11 October, 2011 Defoe is the most suspicious one to me... because of the other club. Tottenham sell Defoe to Portsmouth in Jan 2008 for £6m... then buy him back in Jan 2009 for £15-16m. If that was a publicly listed company selling and re-buying an asset (e.g. another company) then very serious questions would be asked. Link to comment Share on other sites More sharing options...
saintjay77 Posted 11 October, 2011 Share Posted 11 October, 2011 Does anyone have any info on how the forensic thingy is going? How far through or an expected end date or anything? I accept that there will be no inside info going on as its not AA's company chucking random figures in the air and that it is a proper company running it. But some idea of how much work has gone into it maybe available to someone? Does our CS have any idea? Link to comment Share on other sites More sharing options...
Corporate Ho Posted 11 October, 2011 Share Posted 11 October, 2011 I cannot really believe that you want to carry on with this particular debate. I thought that your absence from this board over the last few days was your tacit acknowledgment that you were wrong but clearly not. You want to continue this debate. I am not quite sure what you are trying to prove but I guess that you want to show that you are really, really currently living within your means. Lets look at a few facts - taking your numbers where we can: Lets suppose that your average attendance will be 14,500 this season. I think that this is unlikely. We will fill your stadium for you and that will increase your average but so far this season you have averaged 14,247. Your last attendance was 12,102 which looks ominous and must cast doubt on your average being 14,500 - but lets take your figure. Taking your figures your gate receipts will be £6.1 million this season -after VAT: You do not seem to dispute the posts on here that say that TBH is on £36k per week, Kitson and Lawrence on £20k per weeek and you say that Varney and "a couple of others" are on £15 k per week. I am not sure why there are only a "couple of others" on this much - Halford, Kanu and Moekana would all be on decent wedges whilst I am sure that Norris didn't leave Ipswich to be one of the lower paid players but lets take your figures and just assume that there are only a couple of others on £15k per week: So in other words just 6 of your players will cost more than £1 million more than your gate receipts this season - and thats using your dodgy numbers!! Of course you have other sources of income. Like the Cups. I am sure that the proceeds from your League Cup run will go a long way to flling the gap. How many did you get watching your game against Barnet?? 4,464 wasn't it?? Your share of that would pay the wages of TBH for what, 3 days??? Of course I forgot the other sources of income. Like the hospitality boxes that all clubs have these days- oh I forgot about you. Never mind. I just hope for your sake that CSI have deep pockets because without them digging deep there is no way that you are going to get £13 million income... and you are going to need at least £ 13 million to keep going. In addition to the high earning 6 players you have another 15 (by your reckoning) to pay. And the Clot wants to be paid, As do the coaching staff. And Lumpitt. And the rest of the "business." Keeping a football club going is pretty expensive these days. Agree with your figures. However, you say there's no way we'll get to £13m income. Bearing in mind I'd already included the CSI "budget" that Dubya is adamant they've set (£8m for the year) so if you take out what they've spent on players (£4.2m) that adds another £3.8m onto the income. Of course, they may have allocated more than £8m for the year or they may have allocated less (Dubya doesn't think budgets change from year to year so let's go with his figures). Then, of course, there's the possibility that they may be paying for the players they've bought in instalments and have only paid 50% up front which would add another £2m onto the total. But let's just go with the £3.8m for now which takes us up to £10m. Add the TV money from SKY (which you seem to have forgotten about) which is another £2.5m min, plus the commercial side, plus matchday money other than gate receipts, plus sponsorshipand are you really sure we wouldn't reach £13m? seems to me like your figures are a little off. I acknowledged in the original post that there were other costs involved, not just players wages but it seems to me that as there's no talk of people not being paid and we can afford to fly to away games there doesn't seem to be a problem at the moment. What about Saints? Are you living within your means? Your wages bill two years ago (according to your accounts) was £12.2m in your first season in L1. How much do we think that's gone up to now? £14m? £15m? If we say that your average ticket costs (let's be generous) £25 and your average gate (again, let's be optimistic) will be 25K that comes to £12m after deducting VAT. £2.5m TV, £3m matchday and sponsorship and a couple of million on commercial and your wages are already 75 - 80% of your turnover and that's being optimistic on tickets and crowds. Living within YOUR means? I know - "Liebherr, Billions, blah blah, blah" but what happens if the family decide they don't want to fund you anymore? That they either want to sell you or want you to become self sufficient? Not completely out of the question, is it? Oh there's gonna be such a ROFL told you so moment when THAT happens. You gotta love the new technology of Digital Forensics Dubya, can you confirm what CSI's budget for Pompey is this year please? Strange isn't it, how they manage to find a fake owner, an owner who didn't want to own them, now owners who are rich but want to spend naff all on them. But they've just spent more on players for us than your billionaire family have. Naff all??????? Wonder if Corpy has got his head around WHY we thought Poopey would see no money from the Muntari deal etc. It doesn't matter what you 'think' you paid for Johnson etc...you would have agreed to purchase in staged payments....as would anyone who bought him. So if you still owed £3M (for example) when you sold him, then there's no way you would have got the full selling price Which I understand completely. However, my point was addressed to Holepuncture who said thatw e wouldn't have seen any money from the sales of Diarra, Johnson etc because we still owed money on the fee we paid for them. Even allowing for a sell on clause do you really believe we made no profit on Diarra (bought for £5m, sold for £19m) or Johnson (bought for £4m, sold for £18m) even if we still owed some money on the original fee? If you genuinely think that, could you demonstrate the maths for me because I'd love to see your rationale. Unles you're talking complete ********, of course Link to comment Share on other sites More sharing options...
Gemmel Posted 11 October, 2011 Share Posted 11 October, 2011 Does anyone have any info on how the forensic thingy is going? How far through or an expected end date or anything? I accept that there will be no inside info going on as its not AA's company chucking random figures in the air and that it is a proper company running it. But some idea of how much work has gone into it maybe available to someone? Does our CS have any idea? The insolvency commisions report and the forensic investigation, will be coming along nicely. There will be nothing to read in the press on the details for a long long time, if ever. But they will go after individuals. HMRC made that perfectly clear, when they provided an alternative CVA..... in fact they said it verbatim. Unless they uncover any offences that carry points deductions, then it shoudn't effect pompey the football club too much at all. I suspect that the outcome will be see Storrie being the fall guy and sasha avoiding these shores for a long time. pompey in all its different entities butt fooked HMRC publically, on numerous different occassions and they will have their revenge. It might not be in the form (Points deductions) that we would appreciate, but they will ge there. I wouldn't be surprised if storrie tenses up, everytime the doorbell rings already. Link to comment Share on other sites More sharing options...
Sevvy Posted 11 October, 2011 Share Posted 11 October, 2011 Dont forget the £1,000,000 they owe Spurs for whats his face, Link to comment Share on other sites More sharing options...
holepuncture Posted 11 October, 2011 Share Posted 11 October, 2011 Of course, they may have or they may have allocated less Then, of course, there's the possibility that they may be paying there doesn't seem to be a problem at the moment. Dubya, can you confirm what CSI's budget for Pompey is this year please? But they've just spent more on players for us than your billionaire family have. Naff all??????? Even allowing for a sell on clause do you really believe we made no profit on Diarra (bought for £5m, sold for £19m) or Johnson (bought for £4m, sold for £18m) even if we still owed some money on the original fee? If you genuinely think that, could you demonstrate the maths for me because I'd love to see your rationale. Unles you're talking complete ********, of course Too much guess work from a serial bull****ter! This thread isnt about our magnificent club, but thankyou for pointing out that the Russian mafia have spent more than Saints on transfers this year! Who do you think is getting better value for money from player investment so far? Clotters sure is a shrewd businessman, PMSL! You didnt turn a profit on your players, as you ever payed for them in the first place. The only thing that did get paid was Harrys 10% commission and Storries 5%, oh and Pini Zahivis £3m! The debt rolling into hundreds of millions indicates you were not turning a profit in any aspect of your money laundering operation. I wonder if Vlad and Doobie are on 10% commission deals to? They seem to think they can make money somehow, so perhaps if they spunk a load of dirty mafia money on players, and take a clean percentage out as part of each deal, that is what they define as profit. Link to comment Share on other sites More sharing options...
pedg Posted 11 October, 2011 Share Posted 11 October, 2011 (edited) do you really believe we made no profit on Diarra (bought for £5m, sold for £19m) Ah Diarra where have I heard than name recently, Ah I remember Real Madrid's France international Lassana Diarra is facing charges relating to a tax fraud probe by police in Le Havre, the French regional paper Paris-Normandie reported on Friday. The 26-year-old defender has been placed under official judicial investigation, added the paper. Football agent John Williams has also been targeted in the affair, notably for his role in Diarra's 20 million euro (£18.9 million) transfer from Portsmouth to Real Madrid in January 2009. Possibly a bit of an extra tax bill coming...? Oh wait... its gets better.. apparently the investigation is not only over tax fraud but ... our old favourite... "Money Laundering" Edited 11 October, 2011 by pedg Link to comment Share on other sites More sharing options...
Saint Lindford Posted 11 October, 2011 Share Posted 11 October, 2011 But they've just spent more on players for us than your billionaire family have. Naff all??????? We did not need to spend millions as we have a very good functioning squad, you had just enough for a 5 a side game. What a sound investment it has been eh I mean with all that investment Pompey must be in the mix to leave the division? Oh yes they are fighting to leave the division .................................... in a relegation battle....... PMSL Link to comment Share on other sites More sharing options...
toofarnorth Posted 11 October, 2011 Share Posted 11 October, 2011 Just seen on BBC that SC is one of three candidates being interviewed at Notts Forrest along with Mark Robins and Kevin MacDonald. Link to comment Share on other sites More sharing options...
spyinthesky Posted 11 October, 2011 Share Posted 11 October, 2011 In reply to Mr Ho's posting re Saints financial position. First of all I am glowing with pride that with a relatively modest outlay £1.8m for Fox and £750k for Cork we are currently well placed ahead of a rival club who appears to have spent more. Secondly we reportedly have £12-£14m in the bin, from player sales, ready to be invested in squad improvement. Quite apart from the asset value of St Mary's, the Training ground (one of the best in the country) and Jacksons Farm, I would humbly suggest our squad is probably worth more in todays transfer market than our friends down the road although, of course, this is all relative to contract terms and the like Link to comment Share on other sites More sharing options...
Chopper71 Posted 11 October, 2011 Share Posted 11 October, 2011 so should the Clot get the Forest job (are they mad?), cue all those lacking intellect (i.e. the whole population) of Portsea Island saying they think they should go and get Adkins....... Link to comment Share on other sites More sharing options...
Tamesaint Posted 11 October, 2011 Share Posted 11 October, 2011 The thing is that Pompey have been here before. However you present the numbers they are financially fcked (6 players between them costing over £1 million more than the season's gate receipts - and that is erring on the high side in revenue calculations !!!) . The only option is for Corp Ho and ourselves to at least make some money out of them. I did this 2 years ago when I got some incredible odds (c. 10/1) on them being bottom at Christmas and being relegated when they hit the financial buffers in the Premiership.. Just find a bookie offering odds on them being relegated this season. There are plenty on the internet offering 11/2 which I reckon is pretty good odds. If you go to Sky Bet and open up an account with them, they will match your first bet up to £30 - so £30 invested will return £360. Its got to be worth it. Go on Corp Ho. You know it makes sense. Bet on Pompey being relegated and you will be quids in. Link to comment Share on other sites More sharing options...
gaz Posted 11 October, 2011 Share Posted 11 October, 2011 But they've just spent more on players for us than your billionaire family have. Naff all??????? I suspect they were funded by a large saving on something....oh yes, partly the money that should have been spent on the CVA, and partly the money the PL parachuted into the club to keep it afloat when you 'tards were insolvent. Apart from tarting up the toilets, those Ruskies haven't looked that interested in their latest investment. Link to comment Share on other sites More sharing options...
Gemmel Posted 11 October, 2011 Share Posted 11 October, 2011 Well it looks like part of the fun for Saturday nights is about to go out of the window. I would swap the radio clip of clotterill being interviewed at 4.55pm on a Saturday, over any stand up comdieans out there.... he blows them out of the water. The BBC have comfirmed he is one of three being interviewed for the forest job (I'm one of those ones that still believe everything on the BBC) so even if he doesn't get it, his time at pompey is coming to an end (You can't go back for long, when you have either yourself shown a desire to move or your bosses have welcomed the approach) which is a crying shame and ironic that he'll be out, before any points deductions for the tax case...... It would have been the only time he had a genuine excuse, that it wasn't his fault. Then of course, there is still uncle avram... they couldn't - Could they??? Link to comment Share on other sites More sharing options...
eurosaint Posted 11 October, 2011 Share Posted 11 October, 2011 Well it looks like part of the fun for Saturday nights is about to go out of the window. I would swap the radio clip of clotterill being interviewed at 4.55pm on a Saturday, over any stand up comdieans out there.... he blows them out of the water. The BBC have comfirmed he is one of three being interviewed for the forest job (I'm one of those ones that still believe everything on the BBC) so even if he doesn't get it, his time at pompey is coming to an end (You can't go back for long, when you have either yourself shown a desire to move or your bosses have welcomed the approach) which is a crying shame and ironic that he'll be out, before any points deductions for the tax case...... It would have been the only time he had a genuine excuse, that it wasn't his fault. Then of course, there is still uncle avram... they couldn't - Could they??? I'd get straight down to the bookies if I were you ! Link to comment Share on other sites More sharing options...
Lets B Avenue Posted 11 October, 2011 Share Posted 11 October, 2011 The thing is that Pompey have been here before. However you present the numbers they are financially fcked (6 players between them costing over £1 million more than the season's gate receipts - and that is erring on the high side in revenue calculations !!!) . The only option is for Corp Ho and ourselves to at least make some money out of them. I did this 2 years ago when I got some incredible odds (c. 10/1) on them being bottom at Christmas and being relegated when they hit the financial buffers in the Premiership.. Just find a bookie offering odds on them being relegated this season. There are plenty on the internet offering 11/2 which I reckon is pretty good odds. If you go to Sky Bet and open up an account with them, they will match your first bet up to £30 - so £30 invested will return £360. Its got to be worth it. Go on Corp Ho. You know it makes sense. Bet on Pompey being relegated and you will be quids in. Sorry to be the maths pedant, but £30 @ 11/2 = £195. Unless you are applying the PeterStorrie Calculation Method TM. Link to comment Share on other sites More sharing options...
Tamesaint Posted 11 October, 2011 Share Posted 11 October, 2011 Sorry to be the maths pedant, but £30 @ 11/2 = £195. Unless you are applying the PeterStorrie Calculation Method TM. No. the point of the matching bet is that the bookie also puts on £30 for you at the same odds. Its the kind of thing that bookies do to tempt you in and then for you to lose your money with them. The only thing that they won't do is give you the stake back for the "matching " bit of the bet. So therefore (unless you already have a Sky Bet account) you open up an account with them and put £30 on Pompey to get relegated. Sky then match your £30 with another £30 meaning that you have £60 on them to get relegated at 11/2. This will return £330 plus your original £30 making £360 in total. Link to comment Share on other sites More sharing options...
Weston Super Saint Posted 11 October, 2011 Share Posted 11 October, 2011 What about Saints? Are you living within your means? Your wages bill two years ago (according to your accounts) was £12.2m in your first season in L1. How much do we think that's gone up to now? £14m? £15m? If we say that your average ticket costs (let's be generous) £25 and your average gate (again, let's be optimistic) will be 25K that comes to £12m after deducting VAT. £2.5m TV, £3m matchday and sponsorship and a couple of million on commercial and your wages are already 75 - 80% of your turnover and that's being optimistic on tickets and crowds. Living within YOUR means? I know - "Liebherr, Billions, blah blah, blah" but what happens if the family decide they don't want to fund you anymore? That they either want to sell you or want you to become self sufficient? Not completely out of the question, is it? Corpse, you seem to be conveniently forgetting the sale of Chamberlain which netted [let's be frugal] £10m cash. Add that to your original figures and we're what, probably closer to 50% of turnover. I'd take that kind of figure any day of the week, compared to your [estimated] 120% of turnover Link to comment Share on other sites More sharing options...
Fitzhugh Fella Posted 11 October, 2011 Author Share Posted 11 October, 2011 I think starting this thread has been the most worthwhile achievement of my adult life on the internet! So much pleasure watching and recounting what will be the biggest ever decline of a football club. I sense they are edging nearer and nearer the precipice and Steve Coterill's departure could be the trigger that really sets things in motion. He is not a bad manager and has done well to keep their noses above water thus far. Sit back and observe.....there is a whiff of panic in the air down Fratton Way I reckon. Link to comment Share on other sites More sharing options...
Jonnyboy Posted 11 October, 2011 Share Posted 11 October, 2011 I think starting this thread has been the most worthwhile achievement of my adult life on the internet! So much pleasure watching and recounting what will be the biggest ever decline of a football club. I sense they are edging nearer and nearer the precipice and Steve Coterill's departure could be the trigger that really sets things in motion. He is not a bad manager and has done well to keep their noses above water thus far. Sit back and observe.....there is a whiff of panic in the air down Fratton Way I reckon. Could you have imagined what you were about to create when you started this thread? Link to comment Share on other sites More sharing options...
The Kraken Posted 11 October, 2011 Share Posted 11 October, 2011 What about Saints? Are you living within your means? Your wages bill two years ago (according to your accounts) was £12.2m in your first season in L1. How much do we think that's gone up to now? £14m? £15m? If we say that your average ticket costs (let's be generous) £25 and your average gate (again, let's be optimistic) will be 25K that comes to £12m after deducting VAT. £2.5m TV, £3m matchday and sponsorship and a couple of million on commercial and your wages are already 75 - 80% of your turnover and that's being optimistic on tickets and crowds. Living within YOUR means? I know - "Liebherr, Billions, blah blah, blah" but what happens if the family decide they don't want to fund you anymore? That they either want to sell you or want you to become self sufficient? Not completely out of the question, is it? Yes, the Liebherrs I'm sure do want us to become self-sufficient. Which is why the £12M received for Alex Chamberlain will go a very long way to making this year's balance sheet look rather more healthy. In fact, if the worst case scenario were to happen and the Liebherrs left, not only would be left with a club with minimal debt but we would also have our tried, tested and renowned academy. The Academy runs at an estimated £1M per year. Notable departures in recent years have netted the club significant sums, including: Alex Chamberlain: £12M (reportedly up to £15M) Theo Walcott: £9.1M (downgraded from original fee of up to £12M) Gareth Bale: £7M (downgraded from original fee of up to £10M) Wayne Bridge: £7M Chris Baird: £3M Andrew Surman: £1.2M David McGoldrick: £1M Leon Best: £650K Dexter Blackstock: £500K Nathan Dyer: £400K So just those players alone have yielded over £40M in incoming transfer fees in the past 8 years; that's £5M per year. Take off say £10M for 8 years of the academy running, and its roughly £4M per year in profit from the academy. Which, at this level of football, goes a massively long way to helping the club run on an even keel. Also, I'm not overly sure if your estimates for our revenue included corporate sales, hospitality suites etc etc (you mention "commercial" but I assume you mean things like replica kit sales etc for this; if not, then these indeed need to be factored in). Hospitality and corporate sales are relatively low numbers to overall crowd (I believe our corporate areas provide seating for up to 2,500), but they are very high profit sales and make a significant impact upon our overall turnover and profit figures (even at their relatively low level of take-up whereby only around 50%- 60% of corporate boxes seem to be occupied on a match by match basis. So really, the infrastructure that we currently have at the club (and are looking to improve) provides the football club with a very healthy injection of revenues to enable us to head towards the aim of self-sufficiency with some confidence. Link to comment Share on other sites More sharing options...
JonnyLove Posted 11 October, 2011 Share Posted 11 October, 2011 Corpse, you seem to be conveniently forgetting the sale of Chamberlain which netted [let's be frugal] £10m cash. Add that to your original figures and we're what, probably closer to 50% of turnover. I'd take that kind of figure any day of the week, compared to your [estimated] 120% of turnover To be fair Corpse does have a point on the fact that we need to ensure we are within our means. However his figures are a bit out. We posted a loss last year but lets face it over the first couple of years we were always going to make a paper loss (So different to pompey who have over the course of the last few years have made an actual loss), just think of the investment going on to a club that hadn't had any investment over the past 5-6 years, was always going to happen the thing is we have cash in the bank of at least a few mill at any one time. You also can't class the chamberlain fee as being part of our wages to operating turnover as this would mean we need to sell a player of £10-15m each year for that to be counted. The one thing to point to here though is we are probably making a loss (Remember guys this years accounts finished end of June and Chamberlain was sold in August so will be in 2011-2012 accounts) but as stated it is a sustainable paper loss with money in the bank at all time. After all we have to pay for parking every time one of us wants to go to the stadium that nets the club a fair bit The nice thing is though were on the up as a sound business run correctly and pompey well to be blunt. Aren't Link to comment Share on other sites More sharing options...
Pedro Posted 11 October, 2011 Share Posted 11 October, 2011 SFC can charge for car parking because they actually own the car park and surrounding area. Link to comment Share on other sites More sharing options...
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