Pugwash Posted 9 November, 2011 Share Posted 9 November, 2011 Oh dear....Pugwash leaves the goal wide open and PFC scores. PFC123 1-0 Pugwash Thanks PFC - I laughed. Oops I almost forgot to call you a Dirty Thick Skate C*nt. Seems to be a requirement around here. Oh dear! Comes from trying to type on a bloody phone... Link to comment Share on other sites More sharing options...
trousers Posted 9 November, 2011 Share Posted 9 November, 2011 We went into admin unexpectedly because a "friend of an ex Director" met with our Bank Manager and sold him a dodgy deal, next day we went bust for a 4 grand cheque Will there ever come a day where the detail on this can be made public without repercussions....? Link to comment Share on other sites More sharing options...
OVER THE HILL Posted 9 November, 2011 Share Posted 9 November, 2011 Can somebody confirm that our bank manager got a job at Begbie Traynor shortly afterwards? Link to comment Share on other sites More sharing options...
dubai_phil Posted 9 November, 2011 Share Posted 9 November, 2011 CorrectNumerous links were posted in teh takeover/admin threads that showed him on the Begbies Web Site. Link to comment Share on other sites More sharing options...
dubai_phil Posted 9 November, 2011 Share Posted 9 November, 2011 That requires one of two people to finally come forward and tell their story.One might have the ego to do that but nobody would ever want to read it, the other one is quite happy working for a living and highly professional in everything he does and so extremely unlikely to.It's all down to FF when he gets the bits together, but I think by that time we will have "Rewritten History" anyway with our new era and it will all be water under a bridge and all that. The only time it is relevant is to remind the troll and his few friends of the technical difference between 4 grand and 130 million Link to comment Share on other sites More sharing options...
Pancake Posted 9 November, 2011 Share Posted 9 November, 2011 CorrectNumerous links were posted in teh takeover/admin threads that showed him on the Begbies Web Site. Recall his name? Link to comment Share on other sites More sharing options...
stevegrant Posted 9 November, 2011 Share Posted 9 November, 2011 Will there ever come a day where the detail on this can be made public without repercussions....? Unlikely, as it would be nigh-on impossible to prove. Link to comment Share on other sites More sharing options...
stevegrant Posted 9 November, 2011 Share Posted 9 November, 2011 Recall his name? Richard Fry was the account manager at Barclays who subsequently joined Begbies Traynor. Mark Fry - no relation, apparently - was the administrator at Begbies Traynor appointed to the SLH administration. Link to comment Share on other sites More sharing options...
Clapham Saint Posted 9 November, 2011 Share Posted 9 November, 2011 Richard Fry was the account manager at Barclays who subsequently joined Begbies Traynor. Mark Fry - no relation, apparently - was the administrator at Begbies Traynor appointed to the SLH administration. http://www.begbies-traynorgroup.com/begbies-traynor/our-people.aspx?busline=1&office=34 Link to comment Share on other sites More sharing options...
pfc123 Posted 9 November, 2011 Share Posted 9 November, 2011 PMSL, fair play for him taking the opportunity to pounce, however it was quite obvious to me when reading it that it was a one off typo, with two letters very close to the keyboard... pfc123s capitalised PRINCIPAL cock up, twice, was highly amusing and even more so that he came out with his bizzare response at 3am (3x hours after being mugged off). I don't believe it! This gets better and better. Holepuncture you utter fool, you really are the gift that just keeps on giving! Another open net, he shoots, he scores! 2-0 to the skate. I just love this thread! Link to comment Share on other sites More sharing options...
pedg Posted 9 November, 2011 Share Posted 9 November, 2011 I don't believe it! This gets better and better. Holepuncture you utter fool, you really are the gift that just keeps on giving! Another open net, he shoots, he scores! 2-0 to the skate. I just love this thread! and how many times did you reread that post for typo's before submitting it? Link to comment Share on other sites More sharing options...
Corporate Ho Posted 9 November, 2011 Share Posted 9 November, 2011 Going back full circle. The last recorded estimate of CSI's sports investment budget was the figure they invested in their F1 sponsorship - 8mil. Nobody else has found anything on the internet to prove or disprove that data. No-one's found any evidence to disprove that the queen's a giant, shape shifting reptile either. Of course, no-one's found anything to prove she is, either. Dubya, why won't you answer one simple question. I'm not saying CSI haven't set a budget of £8m for this year. Equally, they could have set a budget of £4m. The question is, can a budget set one year go up or down the next? Yes or no? We all know they can. i just want to see you admit it. As for your post saying that you were not in debt when you won the cup, you are having a complete laugh Read my post again Nick Nack. I didn't say we weren't in debt. I said we weren't in financial trouble (ie not paying wages or transfer fees etc) because we weren't. We didn't win the cup because we cheated. We won the cup because all the big sides got knocked out. It was a freak year. But we won it because that's the luck of the draw Ho's street cred sailed long ago I'm afraid, so there won't be much nodding. He doesn't even quote me now, I think he doesn't love me anymore. I don't quote you because you're a dull, unfunny **** That Corp gets abuse on here is down pretty much entirely to the style and manner of his posts. When things appear to be going well, or when he thinks he's got one up on us in some way, you'll see posts of sneering condescension and triumphalist braying. When things aren't so great, we either get narky petulance or, far more often, silence. I've only rarely see him attempt to debate without flinging out a few insults - and even then he's not actually much cop at debating anything, simply repeating the same point ad nauseam. Yes, there are those on here who'll hurl out abuse regardless, but in Corp's case the great majority of it is earned. **** me. I'd suggest that if you want to see any "triumphalist braying" then you should start looking at your own fans posts. The problem is that even apart from so many posters on here attributing comments to me that were made by other Pompey fans, I'm always prepared to talk sensibly if people want to aactually talk about football. The problem is, very few do. with corp mixing up his land registry with the company registry I don't have access to the company register so all i could post was the land registry details. as for "mixing them up" read your own posts when I originally posted the details - you shat yourself so much at what i posted you accused me of doctoring the document. So don't pretend you have any kind of intellectual superiority here. You all realise that if Saints win at Fratton Park we'll never see Corp on here again? If we lose, he'll never leave. If we draw, he'll claim this one performance overshadows our other 45 games and we're clearly top through luck. He'll then hang around until we beat them at SMS, then disappear forever. Either way, I fear Corp isn't long for this world. I've hung around here when we've been beaten before, no doubt I'll do it again. I won't even need to do the whole "refusing to accept that result" ******** that you're so keen on perpetuating. If you beat us fair and square I'm happy to admit it. You're top on merit, I've no problem on admitting that (although I don't like it, obviously). Unlike you lot who can't accept Pompey doing anything. I mean, apparently we only won promotion because of ITV digital apparently and because Mandaric spent all his money which was unfiar on other teams. Seems OK for Liebherr's money to be used though? Double standards? Again? surely not? Link to comment Share on other sites More sharing options...
Corporate Ho Posted 9 November, 2011 Share Posted 9 November, 2011 Also, FAO Clapham, I managed to track down the full land registry document (see below) with the missing parts you queried. There's another section after this with a list of restictive covenants if you really, really want to see it!! Title Number : HP375034This title is dealt with by Land Registry, Weymouth Office.The following extract contains information taken from the register of the abovetitle number. A full copy of the register accompanies this document and youshould read that in order to be sure that these brief details are complete.Neither this extract nor the full copy is an 'Official Copy' of the register. Anofficial copy of the register is admissible in evidence in a court to the sameextent as the original. A person is entitled to be indemnified by the registrarif he suffers loss by reason of a mistake in an official copy.This extract shows information current on 9 NOV 2011 at 12:30:38 and so doesnot take account of any application made after that time even if pending in theLand Registry when this extract was issued.REGISTER EXTRACTTitle Number : HP375034Address of Property : Fratton Park, Frogmore Road, Southsea (PO4 8RA)Price Stated : £7,042,000Registered Owner(s) : PORTSMOUTH FOOTBALL CLUB (2010) LIMITED (Co. Regn.No. 07264768) of Fratton Park, Frogmore Road,Southsea, Hants PO4 8RA.Lender(s) : Convers Sports Initiatives PlcPage 1 of 5This is a copy of the register of the title number set out immediately below,showing the entries in the register on 9 NOV 2011 at 12:30:38. This copy doesnot take account of any application made after that time even if still pendingin the Land Registry when this copy was issued.This copy is not an 'Official Copy' of the register. An official copy of theregister is admissible in evidence in a court to the same extent as theoriginal. A person is entitled to be indemnified by the registrar if he suffersloss by reason of a mistake in an official copy. If you want to obtain anofficial copy, the Land Registry web site explains how to do this. A: Property Register This register describes the land and estatecomprised in the title. PORTSMOUTH1 The Freehold land shown edged with red on the plan of the aboveTitle filed at the Registry and being Fratton Park, Frogmore Road,Southsea (PO4 8RA).2 The Conveyance dated 26 July 1933 referred to in the ChargesRegister contains the following provision:-"PROVIDED ALWAYS and it is hereby declared that the Vendors andtheir successors in title the owners or owner for the time beingof the adjoining land belonging to the Vendors coloured Blue onthe said Plan shall have the rights at any time to erect or sufferto be erected any buildings or other erections and to alter anybuildings or other erections hereinafter to be erected on suchadjoining land in such manner as to obstruct or interfere with thepassage of light or air to any buildings which may be erected onthe said land hereby conveyed."NOTE: The blue land referred to lies to the north of the landconveyed with a gap of thirteen feet and six inches between thesaid land coloured blue and the land conveyed. B: Proprietorship Register This register specifies the class of title andidentifies the owner. It contains any entries thataffect the right of disposal. Title absolute 1 (10.01.2011) PROPRIETOR: PORTSMOUTH FOOTBALL CLUB (2010) LIMITED(Co. Regn. No. 07264768) of Fratton Park, Frogmore Road, Southsea,Hants PO4 8RA.2 (05.11.2009) RESTRICTION: No disposition of the registered estateby the proprietor of the registered estate is to be registeredwithout a written consent signed by the proprietor for the timebeing of the charge dated 6 October 2009 in favour of PortpinLimited referred to in the Charges Register or without acertificate signed by each conveyancer of the Charge that theprovisions of the Charge have been complied with or that they donot apply to the disposition.3 (10.01.2011) The price stated to have been paid on 7 December 2010was £7,042,000. C: Charges Register This register contains any charges and other mattersthat affect the land. 1 A Conveyance of the land tinted yellow on the filed plan dated 5Page 2 of 5 C: Charges Register continued October 1899 made between (1) Alice Harriet Martin and others (2)William Billett Martin and (3) George Edwin Couzens containscovenants details of which are set out in the schedule ofrestrictive covenants hereto.NOTE: No copy or examined abstract of the original conveyance waslodged on first registration and the covenants contained in thisschedule were recited in a Conveyance of the land in this titledated 24 November 1899 made between (1) George Edwin Couzens (2)John Richard Bone and (3) William Wigginton.2 A Conveyance of the land tinted blue on the filed plan dated 23October 1899 made between (1) Alice Harriet Martin and others(Trustees) (2) William Billett Martin and (3) Brickwood andCompany Limited (Company) contains covenants details of which areset out in the schedule of restrictive covenants hereto.3 A Conveyance of the land tinted pink on the filed plan and otherland dated 26 July 1933 made between (1) The Lord Mayor, Aldermenand Citizens of the City of Portsmouth and (2) The PortsmouthFootball Company Limited contains covenants details of which areset out in the schedule of restrictive covenants hereto.4 (08.09.2006) UNILATERAL NOTICE in respect of an Agreement for theInstallation of Telecommunications Equipment dated 7 August 2006made between (1)Portsmouth City Football Club and (2)OrangePersonal Communications Services Limited. NOTE: Copy filed. 5 (08.09.2006) BENEFICIARY: Orange Personal Communications ServicesLimited of St James Court, Great Park Road, Almondsbury Park,Bradley Stoke, Bristol BS32 4QJ.6 (05.11.2009) REGISTERED CHARGE dated 6 October 2009.7 (03.06.2011) Proprietor: CONVERS SPORTS INITIATIVES PLC (Co. Regn.No. 07375628) of 2nd Floor, 159A Chase Side, Enfield, MiddlesexEN2 0PW. Link to comment Share on other sites More sharing options...
pedg Posted 9 November, 2011 Share Posted 9 November, 2011 I didn't say we weren't in debt. I said we weren't in financial trouble (ie not paying wages or transfer fees etc) Does your etc extend to taxes due? Link to comment Share on other sites More sharing options...
Wes Tender Posted 9 November, 2011 Share Posted 9 November, 2011 Read my post again Nick Nack. I didn't say we weren't in debt. I said we weren't in financial trouble (ie not paying wages or transfer fees etc) because we weren't. We didn't win the cup because we cheated. We won the cup because all the big sides got knocked out. It was a freak year. But we won it because that's the luck of the draw Look, I don't really care how much you deny it and attempt to excuse it as pure chance that the luck of the draw favoured you, it was cheating, pure and simple. It obviously needs to be explained to you again, so I'll make it as simple as I can so that you'll understand it. The team that won the Cup comprised individuals of such stature and who were paid at very high salary levels commensurate with their skills that you could not afford them and that resulted in your financial downfall. You say that you were in debt, but not in financial trouble. It is clear to everybody else that the level of debt required to bring in players of that calibre was something that you could not afford, therefore you obtained an unfair advantage in possessing such a squad, which is a form of cheating. Exactly the same thing has happened after the FA Cup and the administration, where you continued to obtain players that you could not afford, players that other bigger clubs, higher up the leagues say that they could not afford to match what you offered. So bluster as much as you like about how lucky you were with the draw and the top teams illiminating each other, but I'm afraid it doesn't wash on here. Cheats. Link to comment Share on other sites More sharing options...
Saint_John Posted 9 November, 2011 Share Posted 9 November, 2011 Court 1 tomorrow at 14:00. SITTING AT 02:00 PM For Hearing T20107134 REDKNAPP Henry J 48C21000020 MANDARIC Milan 48C21000210 Order made under Contempt of Court Act 1981 http://www.courtserve.net/courtlists/current/crown/sthwk_T111110.01.htm Note : Wikipedia says "For Hearing" means A hearing is generally distinguished from a trial in that it is usually shorter and often less formal. In the course of litigation, hearings are conducted as oral arguments in support of motions, whether to resolve the case without further trial on a motion to dismiss or for summary judgment, or to decide discrete issues of law, such as the admissibility of evidence, that will determine how the trial proceeds. Limited evidence and testimony may also be presented in hearings to supplement the legal arguments. Link to comment Share on other sites More sharing options...
pfc123 Posted 9 November, 2011 Share Posted 9 November, 2011 Dubya, why won't you answer one simple question. I'm not saying CSI haven't set a budget of £8m for this year. Equally, they could have set a budget of £4m. The question is, can a budget set one year go up or down the next? Yes or no? We all know they can. i just want to see you admit it. He won't answer because he knows it will hole a large part of his 'Pompey are toast' argument below the waterline. Link to comment Share on other sites More sharing options...
pedg Posted 9 November, 2011 Share Posted 9 November, 2011 He won't answer because he knows it will hole a large part of his 'Pompey are toast' argument below the waterline. Corp has been riding that hobby horse so hard he is going to be banned soon for over using the whip on it. Budgets can go up or down, or in the case of pompey this season given the wages offered to their new manager they could be non-existent. Link to comment Share on other sites More sharing options...
pfc123 Posted 9 November, 2011 Share Posted 9 November, 2011 Look, I don't really care how much you deny it and attempt to excuse it as pure chance that the luck of the draw favoured you, it was cheating, pure and simple. It obviously needs to be explained to you again, so I'll make it as simple as I can so that you'll understand it. The team that won the Cup comprised individuals of such stature and who were paid at very high salary levels commensurate with their skills that you could not afford them and that resulted in your financial downfall. You say that you were in debt, but not in financial trouble. It is clear to everybody else that the level of debt required to bring in players of that calibre was something that you could not afford, therefore you obtained an unfair advantage in possessing such a squad, which is a form of cheating. Exactly the same thing has happened after the FA Cup and the administration, where you continued to obtain players that you could not afford, players that other bigger clubs, higher up the leagues say that they could not afford to match what you offered. So bluster as much as you like about how lucky you were with the draw and the top teams illiminating each other, but I'm afraid it doesn't wash on here. Cheats. Well nevermind, that's capitalism for you! I suggest that if the system that allows this sort of investment and speculation is so offensive to you, you go and buy a tent and pitch up at St Pauls with everyone else who's bitter and twisted. You don't give a **** about how we won the cup, you just hate it that we did. The greenest of green eyed monsters the lot of you.... Link to comment Share on other sites More sharing options...
aintforever Posted 9 November, 2011 Share Posted 9 November, 2011 Pompey is the clearest case that there has ever been of financial cheating in football in this country. At least what Leeds did, whilst being a reckless gamble, was sustainable if they continued in the CL, what the skates did was NEVER sustainable. They are like someone who bought a Farrari on credit they could never afford, had it repossed, then still go around boasting about how they used to have a Farrari. Hollow, hollow, hollow. Link to comment Share on other sites More sharing options...
Panda Posted 9 November, 2011 Share Posted 9 November, 2011 Must be high tide, lots of fish around here at the moment. Link to comment Share on other sites More sharing options...
Fowllyd Posted 9 November, 2011 Share Posted 9 November, 2011 **** me. I'd suggest that if you want to see any "triumphalist braying" then you should start looking at your own fans posts. The problem is that even apart from so many posters on here attributing comments to me that were made by other Pompey fans, I'm always prepared to talk sensibly if people want to aactually talk about football. The problem is, very few do. Really. I'd say you do more of that with your three posts a day than any other individual poster. Occasionally quotes (or near-quotes) are incorrectly attributed to you, but a great deal of what's quoted is accurate, in particular the most damning stuff (new owner several times richer than Abramovich? That was one of yours, I believe - please correct me if I'm wrong). And I can't think of any time you've made an effort to talk about football; you only ever post on this thread as far as I can see, and the last thing this thread's about is football. I see that in another post you've quoted the Land Registry entry at greater length. Care to comment on the bit that mentions "the charge dated 6 October 2009 in favour of Portpin"? Or how about the information posted by Katalinic, showing a debenture held over Fratton Park by Portpin? Your silence on these is deafening. Finally, if you think the nasty rough posters on here are being unkind to you, maybe you should check the name of the site. That's right, it's a Saints forum. If I went on a Pompey forum and came across in the way that you do on here, do you think I'd be met with reasoned and civilised responses? Link to comment Share on other sites More sharing options...
Channon's Sideburns Posted 9 November, 2011 Share Posted 9 November, 2011 Just a thought. IF these new owners have an annual budget for the fishy few of £8M - consider this for a second. Someone eluded (probably when we were all younger) that Ben Haim was on £37k per week. Let's just take him and, say, Kitson - again rumoured at the time to be on £20k per week. £57k pw (before appearances, maybe the odd goal here and there, forget win bonuses of course) x 52 (wks) = £2,964,000 Pompey economics eh? Potentially 37% of your annual budget on two players. Good work. Link to comment Share on other sites More sharing options...
Channon's Sideburns Posted 9 November, 2011 Share Posted 9 November, 2011 Really. I'd say you do more of that with your three posts a day than any other individual poster. Occasionally quotes (or near-quotes) are incorrectly attributed to you, but a great deal of what's quoted is accurate, in particular the most damning stuff (new owner several times richer than Abramovich? That was one of yours, I believe - please correct me if I'm wrong). And I can't think of any time you've made an effort to talk about football; you only ever post on this thread as far as I can see, and the last thing this thread's about is football. I see that in another post you've quoted the Land Registry entry at greater length. Care to comment on the bit that mentions "the charge dated 6 October 2009 in favour of Portpin"? Or how about the information posted by Katalinic, showing a debenture held over Fratton Park by Portpin? Your silence on these is deafening. Finally, if you think the nasty rough posters on here are being unkind to you, maybe you should check the name of the site. That's right, it's a Saints forum. If I went on a Pompey forum and came across in the way that you do on here, do you think I'd be met with reasoned and civilised responses? If you went on a Pompey forum you'd be banned or abused after one post... Link to comment Share on other sites More sharing options...
dubai_phil Posted 9 November, 2011 Share Posted 9 November, 2011 He won't answer because he knows it will hole a large part of his 'Pompey are toast' argument below the waterline. Sorry but you have just proven yourself to be an ignorant MORON. I have been the one all the way through this who has been telling everyone who will listen that you WILL survive. I also have advocated this as the best punishment for the moronic management/ownership over the past 10 years or so. I have also pointed out that I have some extremely good friends who are Skates (and yes I know this is an Oxymoron but they also have brains) and I would NEVER advocate taking their club away from them in the same way they supported me through our Admin. I also pointed out that ONCE you morons actually wake up and smell the coffee and (like Mack & Mero & my Skate mates) start to realise WHAT you did instead of continuing to BOAST about it then I will believe that you have the chance to become a football club instead of a joke. All I have pointed out so far have been Al Fahim was a self publicist who had ONE contact name left in his address book after he got fired. That was not saying you were going to be toast I also pointed out that Al Mirage was fake. They aren't very keen on Toasting anything in Saudi except with Fruit Juice And I have also pointed out that CSI have been after a football club for several years and had a budget to do that with. Hell THEY admitted it in their own TV Interview. Well, nobody has found any evidence to the contrary. As for the troll. He asked a question that included offensive jibes and expected a forum poster to reveal highly confidential information about annual budgets for an American Multi National operating in the Middle East. I explained why that could not be answered many pages ago. So he changed the question to one that my future 2 year old Niece in Law could answer. trolls are ignored it annoys them Why don't you answer a question for a change. Who do you think wrote the basics of "How to Take Over a Football Club" that CSI were given and appeared on BBC's Panorama? The soundbites about Sustainability, Developing & Investing in The Academy etc? Link to comment Share on other sites More sharing options...
dubai_phil Posted 9 November, 2011 Share Posted 9 November, 2011 Just a thought. IF these new owners have an annual budget for the fishy few of £8M - consider this for a second. Someone eluded (probably when we were all younger) that Ben Haim was on £37k per week. Let's just take him and, say, Kitson - again rumoured at the time to be on £20k per week. £57k pw (before appearances, maybe the odd goal here and there, forget win bonuses of course) x 52 (wks) = £2,964,000 Pompey economics eh? Potentially 37% of your annual budget on two players. Good work. The intriguing thing to then speculate on is this alleged 7 million payment mentioned in some of the previous cut & pastes from the land registry. Player signings Wages Operating Costs Health & Safety Improvements All should be capable of being met within an 8 mil budget (Saints pre admin burn rate was 6mil a year even after Rupert cut costs by 30%). Their Arena will not be as expensive to run as SMS no doubt. BUT that is not the money to turn round "Overpaid Names" into a cohesive unified team, and it leaves a question about whether there was a separate Cap Expenditure budget for this 7 mil or if that is eating into the figure more. Anyway the evidence shows a survival mode, not billionaire level investment (See the troll's post about Al Fahim being at nottarf krap while we were in admin) The club could be turned around, it will take time and a LOT of Rally Round and support the troops as we do this PR - we have seen NOTHING like that to date on facebook (I mean REALLY???!) IMHO unless CSI see a Property Development Profit to fund it and line their pockets THEY won't be spending 100 mil on a new Arena. No wonder they are fixing the bogs Link to comment Share on other sites More sharing options...
Frank's cousin Posted 9 November, 2011 Share Posted 9 November, 2011 Well nevermind, that's capitalism for you! I suggest that if the system that allows this sort of investment and speculation is so offensive to you, you go and buy a tent and pitch up at St Pauls with everyone else who's bitter and twisted. You don't give a **** about how we won the cup, you just hate it that we did. The greenest of green eyed monsters the lot of you.... Jealous we did not win the cup in recent years? Yep sure am, jealous of every club that has won it since '76, afterall football fans all want success for tehir clubs and are envious of those that achieve it... but heres the thing, I am not jealous of any particular club winning it... I dont give a flying feck that it was your club andy more than Gooners or Man U... I am feckin ****ed off with the system, which you use as an acuse - ie. they system allowed you and many other clubs to speculate financially to the pint of meltdown... I admire clubs like West Brom who may yoyo, but have kept themselves reasonably financially stable. We spent 27 years in the top flight and flirted with relegation on many occasions precisely because even after the boom years of Sky and the guarranteed revenues we REFUSED to borrow for transfers and wages - we ran teh club within its means - including a mortguage for in frastructure that cost us 1.8 mil a year against revenue of 45-50mil per annum - ith a wage bill at a stable 50% of turnover - which was a sound and sensible buisness approach. The fact that many clubs were running wage bills in excess of income based on the potential for additioanl income in prize monies from sky and the FA meant that to date our record signing is 4mil odd for Rory Delap - yes some bemowneed lack of ambition under Lowe, but for all his faults he ran a finacially tight ship and included 50% wage reduction clauses on relegation in many contracts - another reason why we often struggled to attract players. Now, I acknowledge that many saints fans hated this approach, but ultimately the vast majority now recognise that it was perhaps the right one having seen where even minor recklessness or gambles can lead - we have learnt pour lesson even though in all fairness it was relatively minor - for even though we spent 7mil of cash we HAD from player sales on a promotion attempt, we were still able to pay the tax man and ALL our bills given that we had an agreement in place not with some dodgy mystical owner in exchange for equity but with a BANK, a propeer regulated one called Barclays - and when Lowe returned the club did everything it could playing kids to reduce the small debt and reduce the overdraft 30% in the first year by playing kids at the same time as PAYING all teh bills and the tax man and he mortgage.... with me? OK so lets look at all thjsoe clubs who for whatever reason gamble on future income... all clubs who take such an approach are in some ways seeking a competitive advantage. Now if it is sustainable as a result of increase future revenues then whilst ALL payments are made to HMRC and bills paid etc, then even though I hate teh model, it is in effect within the rules and despite gaining a competitive advantage it can not be cheating as the rules allow it... however, if a club goes completely mad, spends to an extent taht even with additioanl prize monies from Sky and th FA, there is not a hope in hell of being able to pay it back... then this is is exactly the reason why the penalties were introduced because it IS cheating. A club of Portsmouth size with a 18k average gate just back in the prem, was completely feckin mad spending that sort of money as it should have been obvious to all that the costs outstripped tehy revenue streams - what is worse there were reports of of pompey being 30 mil in debt that year after the cup win.... and they carried on spending like it was going out of fashion... and not paying the HMRC... now I am not sure waht promises the various fantasy owners made in regards to providing funding, but alarm bells should have been ringing as soon as it was clear HMRC were not being paid, let alone he quality of players you were signing and the subsequent wage bill... FFS did no one even question it? Are you all feckin stupid in Portsmouth? The fact remains you won the cup with players of a quality that you could not afford AND WITH NO MODEL OR GUARRATEE IN PLACE THAT THE ACCUMULATED DEBT AS A RESULT WOULD POSSIBLE TO PAY BACK - and did not pay the tax man - so that is cheating in any book and would be accepted I think by anyone with a reasonable moral compass and a brain. I have a couple of very good friendss who are pompey fans - I was pleased for them when they won the cup after years turmoil - even if through gritted teeth.. but one of them even suggested at teh time he was very worried about how you could afford teh quality on the pitch - he had an ST for 20 years + even during the darkest days when you were sold for £1... but he gave up going when the truth and scale of the debt became obvious as he had a degree of integrity that I applaud. It hurts him as he loves the club, but is not prepared to support the dodgy regimes and will return only when there is a solid finacial structure in place and in the public domain... Why teh rest of you cant acknowledge that those years can now be considered as cheating is beyond me... and the comical comeback that we also went into admin and therefore must have cheated is is infantile and suggests extreme stupidity on thsoe that use it - for the record, we went into admin at a time when we were reducing our debt, never having missed any payments and rather got relegated as a result of trying to live within our means - your lot kept on spending.... Link to comment Share on other sites More sharing options...
dubai_phil Posted 9 November, 2011 Share Posted 9 November, 2011 Good post FC. Taking on your last point about true blue fans it also relates to their attendance issues now. For more years than I can remember I played for a Village Cricket Team. I was a Saint and we had a 657 member. We got along by not talking about football other than in generic terms. In the 80's 3 or 4 of the lads would come down with me to watch Saints play in the Old Div 1 and came to away games. They weren't true Saints fans but they loved their football. In the Noughties, I wasn't around and we were sh1t anyway so they went to games with the (now retired) 657 skate. They even went to away games. because they loved their football and they loved the crack of the day out. Even today they know everything there is to know about just about every club, installed ART so they could watch all PL games every weekend. What NONE of them have done in the past couple of years is go to watch a game at either of Nottarf or SMS. Although one of them is now bugging me as to when I will next be back as he fancies going to see what is getting everyone so excited. They were never Plastic Fans - they never alluded to be true supporters, they just loved watching PL football and applauding Thierry Henry et al, they were fans of FOOTBALL. Those football watchers are one of the reasons there is such a few these days. My ex 657 mate - yeah his phot is in the book, he hates it now he's over 40 and no he hasn't been on principle for a year or so, like many with Rupert. He is a fan and I admire and respect and feel for him, Mack & Mero. But they have quite a few more years of pain to go yet. Our sentence was 5 years for 4 grand. The few for 130 mil deserve decades Link to comment Share on other sites More sharing options...
Fowllyd Posted 9 November, 2011 Share Posted 9 November, 2011 The intriguing thing to then speculate on is this alleged 7 million payment mentioned in some of the previous cut & pastes from the land registry. I doubt that the £7M figure is particularly significant, other than that it's the apparent value of Fratton Park. The Land Registry entry mentions that sum having been paid (or stated to have been paid, in the actual wording) in December 2010, some months before the register shows CSI as owners. My assumption is that, having taken out a debenture on Fratton Park in September 2009, Chainrai then sold it back to PFC, meaning that he was then owed the £7M. Hence the charge in the register, which is clearly still in force. In other words, to buy Fratton you need to pay Chainrai first, and his price is £7M or more. In your general argument I'm sure you're right though - buyers with serious money would simply have paid for the club and stadium outright, removing the charge in favour of Portpin. That hasn't happened, so it appears that even if CSI do have vast quantities of wonga stashed away somewhere, very little of it is finding its way to PFC. Link to comment Share on other sites More sharing options...
Wes Tender Posted 9 November, 2011 Share Posted 9 November, 2011 Well nevermind, that's capitalism for you! I suggest that if the system that allows this sort of investment and speculation is so offensive to you, you go and buy a tent and pitch up at St Pauls with everyone else who's bitter and twisted. You don't give a **** about how we won the cup, you just hate it that we did. The greenest of green eyed monsters the lot of you.... Look here sonny, I run my own business, so don't come the "pitch up your tent with the anarchists outside St Pauls" with me. The truth, if you were unblinkered enough to acknowledge it, is that under our system of capitalism, there are checks on businesses living beyond their means, a legal aparatus exists to discourage companies from trading whilst insolvent. Quite why the football governing bodies allow clubs like yours to get away with it and run up such a preposterous level of debt with a 19000 seat stadium is a mystery. Perhaps they didn't wish to tarnish the global image of their illustrious Premier League by having a club go into administration. But you managed it anyway and congratulations for being the first one in the history of the Premiership to achieve that accolade. You must be so proud of your club and the crooks that brought it about and continue to make you a laughing stock. Some good might come of this sorry chapter that you brought about, if the football authorities actually put into place a mechanism that prevents other clubs "doing a Portsmouth". I'm sorry to disagree with you, that you believe that it means nothing to me how you cheated your winning of the FA Cup. I don't hate that you won it; I hate that you cheated in the winning of it, the result being that the Cup is tarnished because the price you paid for it caused taxpayers, local businesses and charities to suffer for your hour in the sunshine on Southsea Common. Frankly, I believe that it is the green-eyed monster that keeps you coming back on here. You just can't stand it that the pendulum has swung away from your five minutes of superiority and that once again we are the number one club on the South Coast and that you've sunk to third, back where you belong. Link to comment Share on other sites More sharing options...
suewhistle Posted 9 November, 2011 Share Posted 9 November, 2011 . Why teh rest of you cant acknowledge that those years can now be considered as cheating is beyond me... and the comical comeback that we also went into admin and therefore must have cheated is is infantile and suggests extreme stupidity on thsoe that use it - for the record' date=' we went into admin at a time when we were reducing our debt, never having missed any payments and rather got relegated as a result of trying to live within our means - your lot kept on spending....[/quote'] Bit complicated for them to understand Frank.. How about saying that we both got caught for speeding: we pulled up, said "fair cop" and paid the fine. They tried to accelerate away, hit a few other cars on the way and got away with it until eventually stopped by a road block.. Link to comment Share on other sites More sharing options...
warsash saint Posted 10 November, 2011 Share Posted 10 November, 2011 http://www.portsmouth.co.uk/sport/pompey/pompey-past/great-matches/tickets_still_available_for_saints_clash_1_3230365?commentspage=0 Big club my arse! Link to comment Share on other sites More sharing options...
Amesbury Saint Posted 10 November, 2011 Share Posted 10 November, 2011 http://www.portsmouth.co.uk/sport/pompey/pompey-past/great-matches/tickets_still_available_for_saints_clash_1_3230365?commentspage=0 Big club my arse! many of their fans think they can win Link to comment Share on other sites More sharing options...
skintsaint Posted 10 November, 2011 Share Posted 10 November, 2011 Looks like Appleton will be the new head coach...wonder if they are bringing in a DoF as well? Link to comment Share on other sites More sharing options...
Colinjb Posted 10 November, 2011 Share Posted 10 November, 2011 Looks like Appleton will be the new head coach...wonder if they are bringing in a DoF as well? I would suggest they bring back Avram, but we all know that they cannot afford to put his 'extra curricular' activities on expenses anymore. Link to comment Share on other sites More sharing options...
mickn Posted 10 November, 2011 Share Posted 10 November, 2011 many of their fans think they can win I did chuckle at the 'Aldi Barcelona' comment Link to comment Share on other sites More sharing options...
Gemmel Posted 10 November, 2011 Share Posted 10 November, 2011 many of their fans think they can win They can. Lets enjoy this ride as long as we can, but as well as we are doing and playing, this is a derby of two teams in the same league. We will need to be at our very best, to come away with 3 points. They are not a bad side, they have under performing, no doubt, but for those Saints fans that think this will be a walkover, you better reset your expectations. Link to comment Share on other sites More sharing options...
warsash saint Posted 10 November, 2011 Share Posted 10 November, 2011 Looks like Appleton will be the new head coach...wonder if they are bringing in a DoF as well? Dennis Wise is the rumour ... nasty little man / nasty little club ! Link to comment Share on other sites More sharing options...
Kingsbridge Saint Posted 10 November, 2011 Share Posted 10 November, 2011 The Dark Mark is over Fratton Park. Link to comment Share on other sites More sharing options...
gaz Posted 10 November, 2011 Share Posted 10 November, 2011 http://www.portsmouth.co.uk/sport/pompey/pompey-past/great-matches/tickets_still_available_for_saints_clash_1_3230365?commentspage=0 Big club my arse! The peasants are revolting (against eachother). ''dashizzle Thursday, November 10, 2011 at 09:31 AM Let's not start blaming the club, the economy or anything else - plain and simple this is a complete embarrassment. The facts are that Pompey only have 10,000 or so diehard fans - they were the ones that were there when we beat Barnsley 3-0 on the final day to stay up. Unfortunately the Redknapp era bred a generation of delusional fans who believe we are a club that should be in the top half of the PL - those of us over 25 know that watching Pompey in the top flight was a treat and something I 4-1 never thought I would see while I was growing up. Anyone who had a day out at Wembley and doesn't want a ticket for this game doesn't deserve to be described as a supporter.'' Link to comment Share on other sites More sharing options...
Saint Lindford Posted 10 November, 2011 Share Posted 10 November, 2011 Well it is Voldermort then. http://www.portsmouthfc.co.uk/LatestNews/news/Appleton-Takes-Charge-2788.aspx Blues chief executive David Lampitt said: “We are delighted to welcome Michael as our new first-team manager. He fought off very strong opposition to get the job from a high quality field of candidates. OR He was the cheap option! “As a board, we laid down a set of criteria that we were looking for in the new manager and we have not diverted from that. It’s fair to say Michael started out as a bit of a dark horse in the selection process but he ended up the unanimous choice." Or We were desperate as no-one else wanted the job! Appleton said “A few years ago Portsmouth were a successful Premier League club". No they weren't Michael, they just cheated and the only success they had in PL history is to be the first team to into administration. Link to comment Share on other sites More sharing options...
norwaysaint Posted 10 November, 2011 Share Posted 10 November, 2011 They've had a tough time lately, hope this appointment works well for them and they manage to turn things around. Link to comment Share on other sites More sharing options...
Crazy Diamond Posted 10 November, 2011 Share Posted 10 November, 2011 The peasants are revolting (against eachother). ''dashizzle Thursday, November 10, 2011 at 09:31 AM Let's not start blaming the club, the economy or anything else - plain and simple this is a complete embarrassment. The facts are that Pompey only have 10,000 or so diehard fans - they were the ones that were there when we beat Barnsley 3-0 on the final day to stay up. Unfortunately the Redknapp era bred a generation of delusional fans who believe we are a club that should be in the top half of the PL - those of us over 25 know that watching Pompey in the top flight was a treat and something I 4-1 never thought I would see while I was growing up. Anyone who had a day out at Wembley and doesn't want a ticket for this game doesn't deserve to be described as a supporter.'' I think what's more shocking is that there is a fan down there with a brain cell to rub against another one. Link to comment Share on other sites More sharing options...
FloridaMarlin Posted 10 November, 2011 Share Posted 10 November, 2011 Had a very interesting email overnight from a highly-respected journo. I can't give his name, but he is a big name on TV in the UK who moves in exalted circles. I'll make no comment as to the veracity or otherwise of what he said, and likewise, he was merely passing on what he had heard. He said that he was given to understand that Storrie had got off his charges, in exchange for giving up Harry and Mandaric (isn't is called turning Queen's Evidence?) Obviously the reprting restrictions in place mean there is no way of confirming if this is the case. Don't shoot the messenger, I am merely passing this on, and it may turn out to be a load of old cock. Link to comment Share on other sites More sharing options...
Merovingian Posted 10 November, 2011 Share Posted 10 November, 2011 Well it is Voldermort then. http://www.portsmouthfc.co.uk/LatestNews/news/Appleton-Takes-Charge-2788.aspx Blues chief executive David Lampitt said: “We are delighted to welcome Michael as our new first-team manager. He fought off very strong opposition to get the job from a high quality field of candidates. OR He was the cheap option! “As a board, we laid down a set of criteria that we were looking for in the new manager and we have not diverted from that. It’s fair to say Michael started out as a bit of a dark horse in the selection process but he ended up the unanimous choice." Or We were desperate as no-one else wanted the job! Appleton said “A few years ago Portsmouth were a successful Premier League club". No they weren't Michael, they just cheated and the only success they had in PL history is to be the first team to into administration. If he is the cheap option and it is what we can afford then thats fine, why on earth would we want to appoint an expensive manager that we may have to pay off if we do not do well, we have lived beyond our means twice in the last 10-15 years so why setup to do it again ? Therefore considering you call us cheats constantly surely your comment is abit void? Other managers were interested and also declared themselves so. Why the board has chosen Appleton over some of them is a touch odd, however he could turn out to be a fantastic appointment long term, he has no pressure on his first job as the first target will be to keep us in this league which should on paper be relatively easy. Link to comment Share on other sites More sharing options...
Lighthouse Posted 10 November, 2011 Share Posted 10 November, 2011 Wouldn't want to meet him on a dark night. Wouldn't want to meet him at all if I'm honnest. Link to comment Share on other sites More sharing options...
holepuncture Posted 10 November, 2011 Share Posted 10 November, 2011 is infantile and suggests extreme stupidity on thsoe that use it - for the record' date=' we went into admin at a time when we were reducing our debt, never having missed any payments and rather got relegated as a result of trying to live within our means - your lot kept on spending....[/quote'] I saw that post and decided to deal with it whilst eating my lunch! A good quality essay from FC as usual. Had a very interesting email overnight from a highly-respected journo. I can't give his name, but he is a big name on TV in the UK who moves in exalted circles. I'll make no comment as to the veracity or otherwise of what he said, and likewise, he was merely passing on what he had heard. He said that he was given to understand that Storrie had got off his charges, in exchange for giving up Harry and Mandaric (isn't is called turning Queen's Evidence?) Obviously the reprting restrictions in place mean there is no way of confirming if this is the case. Don't shoot the messenger, I am merely passing this on, and it may turn out to be a load of old cock. Matches up with various theories on here, we heard months ago that Storrie was 'turning Queens evidence'... it even backs up Corp Ho, as he was merely passing on info from his well placed POL mod, whom he reads socially every two weeks. Welcome Voldermort, welcome to being TBH's chicken feed, he has earned more today so far than you will for the next week... a couple of things Voldermort: “Portsmouth have fantastic traditions and the supporters are renowned throughout the football world for being very loud and getting behind the team." You will be severely disappointed Voldy, the gates are crumbling faster than the ground and as Doobi Phil mooted, that atmosphere was just the Premier League/Henry style Football Watchers - not skate fans... they bleat about there 'bestest'ness but it is a myth, im sorry you have been conned, it is just TCWTB... “A few years ago Portsmouth were a successful Premier League club. I would like to think I can help the people at the football club achieve that again.” So you are going to spend bonkers money that belongs to other people, evade tax and steal from childrens cancer charities? You will fit in fine then and I can see why the Russian mafia were so keen to bring you in... Link to comment Share on other sites More sharing options...
Golactico Posted 10 November, 2011 Share Posted 10 November, 2011 Appleton is only 35 - Kanu's old enough to be his Dad! Link to comment Share on other sites More sharing options...
Jimmy_D Posted 10 November, 2011 Share Posted 10 November, 2011 If Storrie has been found not guilty because of turning Queen's Evidence, I guess it's possible he's dropped Pompey right in it in doing so... Link to comment Share on other sites More sharing options...
Chopper71 Posted 10 November, 2011 Share Posted 10 November, 2011 Court 1 tomorrow at 14:00. http://www.courtserve.net/courtlists/current/crown/sthwk_T111110.01.htm Note : Wikipedia says "For Hearing" means Will there be an update this afternoon that let's us know how he gets on? Link to comment Share on other sites More sharing options...
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