St Jim Posted 15 November, 2011 Share Posted 15 November, 2011 Rumours hotting up that Redknapp will leave Spuds. Apparently we can expect to see the odds on it slashed by the end of today. I've just spoken to a former Spurs press officer who I know very well. He says that it's highly likely. The court date will be frowned upon by the club's commercial sponsors and it'll lead to a guilty by association kind of thing. He could go down for it and therefore be advised to resign on health grounds which could lessen the sentence... If that happens I wonder what the odds are that within 12 months news of Tottenham having financial difficulties surface - Bournemouth, West Ham, Southampton and P****y so far - just Spuds left and we get a full house! Link to comment Share on other sites More sharing options...
Gingeletiss Posted 15 November, 2011 Share Posted 15 November, 2011 ...and it's easy to pick up on the extreme (or hopeful) views and critise. Do we really have any ITKs on the skates? I must have missed that. Corp Ho claims to be!!!!! Link to comment Share on other sites More sharing options...
rooney Posted 15 November, 2011 Share Posted 15 November, 2011 If that happens I wonder what the odds are that within 12 months news of Tottenham having financial difficulties surface - Bournemouth, West Ham, Southampton and P****y so far - just Spuds left and we get a full house! We still do not really know why 'arry, Storey & Lampard snr left West Ham. There were plenty of rumours at that time, but I wonder if it will all come out after the latest court case Link to comment Share on other sites More sharing options...
Corporate Ho Posted 15 November, 2011 Share Posted 15 November, 2011 I don't know why you're all getting so excited at the possibility of a points penalty as we all know it won't happen. The genius' on here (and there are many of them) have already worked out that there's a conspiracy in place to protect Pompey from any punishment, a conspiracy that has "tentacles that extend to the very highest levels" if I remember correctly. The PL, FA, FL, UEFA, FIFA and the British legal system have all colluded to make sure that nothing happens to us. On a separate note, can anyone (Holepuncture perhaps as he's been one of the most vocal on the topic) let me know when Antonov and Dubov are going to start laundering this Russian mafia money through the club by spending millions on players. I mean, according to the Rumafia.com website they're up to their eyeballs in criminal activity and also have the money from Russian Railways behind them to launder so I'm assuming millions will be flowing into the club from these dodgy sources very soon. None of this has, in the words of Dubya, been "disproved" which must mean it's all true. Link to comment Share on other sites More sharing options...
pedg Posted 15 November, 2011 Share Posted 15 November, 2011 On a separate note, can anyone (Holepuncture perhaps as he's been one of the most vocal on the topic) let me know when Antonov and Dubov are going to start laundering this Russian mafia money through the club by spending millions on players. I mean, according to the Rumafia.com website they're up to their eyeballs in criminal activity and also have the money from Russian Railways behind them to launder so I'm assuming millions will be flowing into the club from these dodgy sources very soon. You are spending millions on players. Its called your wage bill. Link to comment Share on other sites More sharing options...
Chin Strain Posted 15 November, 2011 Share Posted 15 November, 2011 I don't know why you're all getting so excited at the possibility of a points penalty as we all know it won't happen. The genius' on here (and there are many of them) have already worked out that there's a conspiracy in place to protect Pompey from any punishment, a conspiracy that has "tentacles that extend to the very highest levels" if I remember correctly. The PL, FA, FL, UEFA, FIFA and the British legal system have all colluded to make sure that nothing happens to us. On a separate note, can anyone (Holepuncture perhaps as he's been one of the most vocal on the topic) let me know when Antonov and Dubov are going to start laundering this Russian mafia money through the club by spending millions on players. I mean, according to the Rumafia.com website they're up to their eyeballs in criminal activity and also have the money from Russian Railways behind them to launder so I'm assuming millions will be flowing into the club from these dodgy sources very soon. None of this has, in the words of Dubya, been "disproved" which must mean it's all true. I'm still interested in why you think they decided to buy Pompey. It stacks up on no fronts whatsoever. Massive wage bill, very poor recent image, ongoing CVA, no training ground facilities, a ground that's falling down, low fan base, poor gates etc etc. Blinkers off for a moment Ho.....why, honestly, do you think they wanted to get involved with Pompey? Not a leading question.....I have no idea. There seems to be no logic. Link to comment Share on other sites More sharing options...
Gemmel Posted 15 November, 2011 Share Posted 15 November, 2011 I don't know why you're all getting so excited at the possibility of a points penalty as we all know it won't happen. I agree (what a strange feeling). The points deduction threat was from storrie only. The concesus seems to be that he is ok, whether he needed to turn QE for that remains to be see, but regardless of the outcome from arry and mandick, it wont effect pompey. Just the forensic accouning investigation, insolvency commission report and a 5 year CVA to go.... and your home and dry Link to comment Share on other sites More sharing options...
Corporate Ho Posted 15 November, 2011 Share Posted 15 November, 2011 You are spending millions on players. Its called your wage bill. Silly me. I thought the idea of "laundering" money meant putting illegally gained money through a company so you could get most of it back "washed" so you could then bank it. I didn't realise it meant paying out millions with no hope of ever seeing it again. Thanks for redefining the concept for me (and everyone else) I'm still interested in why you think they decided to buy Pompey. It stacks up on no fronts whatsoever. Massive wage bill, very poor recent image, ongoing CVA, no training ground facilities, a ground that's falling down, low fan base, poor gates etc etc. Blinkers off for a moment Ho.....why, honestly, do you think they wanted to get involved with Pompey? Not a leading question.....I have no idea. There seems to be no logic. I think there's plenty of logic to it. I've said all along while Dubya seemed for some reason to think that it would irritate me that I had no illusions that Pompey were CSI's only choice in buying a club. I think we just happened to be available. I think they wanted A CLUB to fit in with their portfolio of sports businesses (WRC, Golf etc) and we were available. But I think it's Saints fans who need to take the blinkers off, not us. The wage bill can be managed down pretty easily by losing a couple of the big earners. Our recent image is poor in your eyes but for most people we have a pretty high profile (FA Cup winners and losing finalists in the last couple of years etc). The CVA is there of course but Lampitt says it's covered by the parachute money (whether 100% or not I'm not sure I believe him but certainly it covers a decent part of it). We don't own a training ground but we have the facilities so I can't see what the issue is there, many clubs don't own their own and the land to build a new one if the cash is available is available free from the council. The fan base isn't low, it's just been kicked in the teeth too often over the past few years. We averaged crowds of 15,700 last year in a terrible year for the club. There's plenty of clubs who'd like a terrible fan base like that. The ground needs to be redeveloped eventually granted but how many clubs have an agreement already in place with Tesco to pay such a large chunk of the redevelopment budget and planning permission already in place? Saints fans just look at the negatives. All clubs need investment. CSI just wanted a club but there's plenty of potential at PFC. Not saying CSI will invest what's necessary to fully tap that potential but like I said, I think it's you guys who need to take the blinkers off Link to comment Share on other sites More sharing options...
angelman Posted 15 November, 2011 Share Posted 15 November, 2011 I'm still interested in why you think they decided to buy Pompey. It stacks up on no fronts whatsoever. Massive wage bill, very poor recent image, ongoing CVA, no training ground facilities, a ground that's falling down, low fan base, poor gates etc etc. Blinkers off for a moment Ho.....why, honestly, do you think they wanted to get involved with Pompey? Not a leading question.....I have no idea. There seems to be no logic. There were plenty of other clubs that they could have bought, but maybe not at the price they paid. In fact I would have thought that of the 92 league clubs, nearly all of them outside of the PL are "for sale" and most of those in the PL are as well. As no one really knows how much they paid, or even what they bought, it is hard to know their reasoning. Certainly they haven't invested heavily in the club, or invested really at all. They had to buy a player or two, but as far as the infrastructure goes, they are talking Mickey Mouse stuff. Doing up the loos etc but even then it is on such a shoe string budget that it is risible. At least there appears (for the time being) some stability and such things as players wages are being paid. Link to comment Share on other sites More sharing options...
pedg Posted 15 November, 2011 Share Posted 15 November, 2011 Silly me. I thought the idea of "laundering" money meant putting illegally gained money through a company so you could get most of it back "washed" so you could then bank it. I didn't realise it meant paying out millions with no hope of ever seeing it again. Thanks for redefining the concept for me (and everyone else) Depends where the money for salaries is coming from and what happens to the parachute payments? The russians could 'loan' money to the club to pay the bills and then recover their money from the parachute payments. Link to comment Share on other sites More sharing options...
anothersaintinsouthsea Posted 15 November, 2011 Share Posted 15 November, 2011 We don't own a training ground but we have the facilities so I can't see what the issue is there, many clubs don't own their own and the land to build a new one if the cash is available is available free from the council. What land is available for free then? I assume you mean land for the training ground as opposed to a new stadium? The fan base isn't low, it's just been kicked in the teeth too often over the past few years. We averaged crowds of 15,700 last year in a terrible year for the club. There's plenty of clubs who'd like a terrible fan base like that. The ground needs to be redeveloped eventually granted but how many clubs have an agreement already in place with Tesco to pay such a large chunk of the redevelopment budget and planning permission already in place? Kicked in the teeth? As you point out you've had your most successful run in half a century. Re: Tescos - you got a link to back this up or is it another one of those ones where in a few months time you'll say you were just passing on a rumour? As Pompey have shown in the past identifying a site and showing off some slick looking plans is the easy bit. You couldn't get a viable project going when you were in the Prem - you confident this can be achieved now you're in the second tier with lower crowds and a CVA hanging over you. Link to comment Share on other sites More sharing options...
anothersaintinsouthsea Posted 15 November, 2011 Share Posted 15 November, 2011 Depends where the money for salaries is coming from and what happens to the parachute payments? The russians could 'loan' money to the club to pay the bills and then recover their money from the parachute payments. Or rather they try and get the team promoted and then recover money if they sell up. Link to comment Share on other sites More sharing options...
rallyboy Posted 15 November, 2011 Share Posted 15 November, 2011 I too agree with Ho. ......I'd be very surprised if a points penalty popped up now - but, I was surprised that the Mandaric and Redknapp case seems to refer to alleged tax evasion via the football club, rather than some dodgy personal deals. If the payments were made in Manadaric's role as owner to manager, that should be difficult for the football authorities to ignore. They need to cook up an alternative version of events a bit sharpish, but they've had a while to do that. As for Storrie - that is still a mystery, he looks like the man with control over what happens next. Both Ho and I have clearly heard from different sources (presumably!) that Storrie is a free man. If he had been cleared of all charges with no deals, surely he would be all over the press confirming his innocence? But I hear nothing.... Link to comment Share on other sites More sharing options...
Wes Tender Posted 15 November, 2011 Share Posted 15 November, 2011 I think there's plenty of logic to it. I've said all along while Dubya seemed for some reason to think that it would irritate me that I had no illusions that Pompey were CSI's only choice in buying a club. I think we just happened to be available. I think they wanted A CLUB to fit in with their portfolio of sports businesses (WRC, Golf etc) and we were available. This really has to be one of the most feeble bits of reasoning to issue forth from you, Corpse. They wanted a football club to fit in with their portfolio of sports businesses and they must be really proud to have the first Premiership club to enter administration, one with a low capacity derelict ground, falling attendances, no training facilities that it owns and debts from the previous owners still needing to be settled. And the only reason they bought you was because you were available? As has already been pointed out, for the money they paid and the money that would additionally be required to improve the infrastructure if they were serious about making the investment, they could have taken their pick of numerous other clubs in this division or even the third division, several clubs with far better prospects than your poxy little club. I can't figure out their real reasoning, unless of course they're idiots, but your reasoning that it was just because you were available, is not exactly credible either. Link to comment Share on other sites More sharing options...
sidthesquid Posted 15 November, 2011 Share Posted 15 November, 2011 This really has to be one of the most feeble bits of reasoning to issue forth from you, Corpse. They wanted a football club to fit in with their portfolio of sports businesses and they must be really proud to have the first Premiership club to enter administration, one with a low capacity derelict ground, falling attendances, no training facilities that it owns and debts from the previous owners still needing to be settled. And the only reason they bought you was because you were available? As has already been pointed out, for the money they paid and the money that would additionally be required to improve the infrastructure if they were serious about making the investment, they could have taken their pick of numerous other clubs in this division or even the third division, several clubs with far better prospects than your poxy little club. I can't figure out their real reasoning, unless of course they're idiots, but your reasoning that it was just because you were available, is not exactly credible either. They were available, but the point is, that rather like a Portsea crack-whore, they were available, needed minimal cash outlay & they had no morals. Link to comment Share on other sites More sharing options...
Corporate Ho Posted 15 November, 2011 Share Posted 15 November, 2011 Depends where the money for salaries is coming from and what happens to the parachute payments? The russians could 'loan' money to the club to pay the bills and then recover their money from the parachute payments. face it, your theory about money laundering is laughable. It makes no sense at all. What land is available for free then? I assume you mean land for the training ground as opposed to a new stadium? Kicked in the teeth? As you point out you've had your most successful run in half a century. Re: Tescos - you got a link to back this up or is it another one of those ones where in a few months time you'll say you were just passing on a rumour? As Pompey have shown in the past identifying a site and showing off some slick looking plans is the easy bit. You couldn't get a viable project going when you were in the Prem - you confident this can be achieved now you're in the second tier with lower crowds and a CVA hanging over you. 1. yes, the land for a training ground is free, as I said in the post if you've read it (it's the land in Lee on Solent that the Gosport Council offered FOC). 2. Kicked in the teeth for the last 40 or so years actually. Kicked in the teeth by a succession of owners who have done nothing but run the club into the ground, made no investment in the infrastructure, diverted money to their other businesses at the expense of the club & loaded debt on the club. A few years in the PL notwithstanding every owner we've had has done nothing for the club or the fans and just tried to line their own pockets, often successfully. Yet we still averaged 15.7K crowds last year. A decent period of stability with an owner showing a genuine willingness to invest something (anything) in the business would be most welcome. 3. No, I'm not confident a new ground will be built or the current one redeveloped at all. Again, you didn't read what I wrote. I said there aren't many clubs where the money from a major supermarket like Tesco has already been discussed for land they desperately want to build a supermarket in Portsmouth along with planning permission that's already been granted by the council. I didn't say the stadium would be built. Having said that, I didn't say that the stadiums (stadia?) at The Hard would be built, only that the finances added up but that doesn't stop most on here telling me that I did say it. I too agree with Ho. ......I'd be very surprised if a points penalty popped up now - but, I was surprised that the Mandaric and Redknapp case seems to refer to alleged tax evasion via the football club, rather than some dodgy personal deals. If the payments were made in Manadaric's role as owner to manager, that should be difficult for the football authorities to ignore. They need to cook up an alternative version of events a bit sharpish, but they've had a while to do that. As for Storrie - that is still a mystery, he looks like the man with control over what happens next. Both Ho and I have clearly heard from different sources (presumably!) that Storrie is a free man. If he had been cleared of all charges with no deals, surely he would be all over the press confirming his innocence? But I hear nothing.... Talk about a "whoosh" moment. I wasn't saying we wouldn't get a points deduction, I still believe we could. I was taking the **** out of all the idiots on here who bang on about the conspiracy theory that everyone, the British legal system included, colluded to make sure Pompey were saved. As for Storrie's acquittal, I haven't "heard" from anyone. One of the mods on POL posted on there that he'd been told that by someone at the club. And for about the 1000th time, the reason nothing's been in the press about it is because there are reporting restrictions placed so it doesn't influence/ prejudice the jury in the Mandaric and Redknapp trial This really has to be one of the most feeble bits of reasoning to issue forth from you, Corpse. They wanted a football club to fit in with their portfolio of sports businesses and they must be really proud to have the first Premiership club to enter administration, one with a low capacity derelict ground, falling attendances, no training facilities that it owns and debts from the previous owners still needing to be settled. And the only reason they bought you was because you were available? As has already been pointed out, for the money they paid and the money that would additionally be required to improve the infrastructure if they were serious about making the investment, they could have taken their pick of numerous other clubs in this division or even the third division, several clubs with far better prospects than your poxy little club. I can't figure out their real reasoning, unless of course they're idiots, but your reasoning that it was just because you were available, is not exactly credible either. Which other clubs could they have "taken their pick" of. Can you list them for me. Even Dubya the Great & Wise agrees that they pretty much just wanted a club to own. For the reasons I listed I don't believe Pompey is as bad an investment as Saints fans do because you're blinkered. I've already listed several reasons why they would/ might have bought Pompey which answer many of your claims. I keep hearing that other clubs would be a better investment but most would still need a new ground and have lower crowds than we get now, let alone if a bit of stability and maybe success came our way. And there are several reasons/ opportunities that potentially make Pompey a decent purchase. I know none on here will agree with that but the fact that CSI weren't the only potential buyers proves it. Three posts and out mofos Link to comment Share on other sites More sharing options...
Pedro Posted 15 November, 2011 Share Posted 15 November, 2011 A report from a local court case last week convicted a 70 year old woman because, as Company Secretary, failed to ensure an HMRC condition was met (a surety due to the company having gone bust 3 times). Her defence of stating that she was only following the company directors instructions failed because as Co.Sec. the legal responsibility rested with her. (this is a summary of what I can remember). As lots have said before, any other business would have been wound up long ago but this crowd seem to be immune from being closed and having to start again in the lower leagues. Link to comment Share on other sites More sharing options...
saint si Posted 15 November, 2011 Share Posted 15 November, 2011 15.7k... what a badge of honour. Shout it from the rooftops. Hell, I'm feeling generous ... why don't you just round it up to 16k and be done with it. Nobody will mind. Link to comment Share on other sites More sharing options...
St Jim Posted 15 November, 2011 Share Posted 15 November, 2011 I think they wanted A CLUB to fit in with their portfolio you're not wrong there The wage bill can be managed down pretty easily by losing a couple of the big earners. how exactly? Unless you have big earners just about to come to the end of their contracts they are almost impossible to shift because no other club is stupid enough to pay the wages you were paying and the players certainly don't want a wage cut unless they have to so it is likely that many of your 'big earners' will remain on your books for the length of their contracts Our recent image is poor in your eyes but for most people we have a pretty high profile in your eyes Whore. talk to Average Joe who knows a bit football and most will lean towards cheating skates as opposed plucky P****y . I get this even here is Australia by people who know bu&&er-all about football. The CVA is there of course but Lampitt says it's covered by the parachute money hmmm you take everyone's word?? Storrie denied any financial problems at P****y Saggy-Chops denied any tax evasion OJ Simpson said he didn't murder his wife Clinton denied any sexual relations Julia Gillard said there wil be no carbon tax under a goverment she leads The fan base isn't low, it's just been kicked in the teeth too often over the past few years. The fan base isn't low? what's that relative to? despite the inane witterings of you blue few statistically your fan base is lower than ours. since P****y's promotion to the EPL, Saints have had a higher average crowd every season except one. In six of those seasons P****y have been in a higher league with the remaining 3 seasons in the same league. And then we have to have a look at the recent decline, from 18+ thousand to only just over 13.5 thousand inside 2 seasons - 13696 2011/12 15707 2010/11 18249 2009/10 Saints fans just look at the negatives. Prpbably but there are so many and they are just so obvious. Telling saints fans not to focus on the negatives at Krap Nottarf is like going into Spearmints and being told not to look at the t1ts. CSI just wanted a club but there's plenty of potential at PFC. again remind us all what exactly is the potential? it can't be the over paid playing squad because as you mention the wage bill being managed down and they will cease to be on your books. It can't be the ground (unless your name is Wee Jock Poo-Pong McPlop - the famous toilet cleaner in Aberdeen), it can't be the training because as you admit you don't own a training ground (albeit you have available facilities to you (what ever that means) - but then so do all other clubs), it can't be the bestest fan base because there isn't one and if you think you will get them back once the crook Russians stabilise the ship then you are wrong because you will have had to release all of your high paid better players meaning you will have an average team at an average stadium managing average results. So please do tell me where is this potential??? what assets do P****y have that would be an attractive investment proposition? Link to comment Share on other sites More sharing options...
anothersaintinsouthsea Posted 15 November, 2011 Share Posted 15 November, 2011 3. No, I'm not confident a new ground will be built or the current one redeveloped at all. Again, you didn't read what I wrote. I said there aren't many clubs where the money from a major supermarket like Tesco has already been discussed for land they desperately want to build a supermarket in Portsmouth along with planning permission that's already been granted by the council. I didn't say the stadium would be built. Having said that, I didn't say that the stadiums (stadia?) at The Hard would be built, only that the finances added up but that doesn't stop most on here telling me that I did say it. Just for clarity have Tescos actually said that they will contribute multi-millions to a new stadium development or is this just the internet rumour mill? Out of interest is that a Fratton redevelopment they'd be interested in? Re: the Toilet bowl. I don't remember you saying it would go ahead but I do remember you saying that it was totally feasible and the sums stacked up. It blatantly wasn't feasible and the finances blatantly didn't stack up. Link to comment Share on other sites More sharing options...
pedg Posted 15 November, 2011 Share Posted 15 November, 2011 face it, your theory about money laundering is laughable. It makes no sense at all. Well making no sense appears to the de-facto situation for pompey. You appear to accept that money can be laundered by spending money on players but surely the money for that would have to go through the club in exactly the same way as salary money? Link to comment Share on other sites More sharing options...
Wes Tender Posted 15 November, 2011 Share Posted 15 November, 2011 Which other clubs could they have "taken their pick" of. Can you list them for me. Even Dubya the Great & Wise agrees that they pretty much just wanted a club to own. For the reasons I listed I don't believe Pompey is as bad an investment as Saints fans do because you're blinkered. I've already listed several reasons why they would/ might have bought Pompey which answer many of your claims. I keep hearing that other clubs would be a better investment but most would still need a new ground and have lower crowds than we get now, let alone if a bit of stability and maybe success came our way. And there are several reasons/ opportunities that potentially make Pompey a decent purchase. I know none on here will agree with that but the fact that CSI weren't the only potential buyers proves it. Three posts and out mofos I reiterate - As has already been pointed out, for the money they paid and the money that would additionally be required to improve the infrastructure if they were serious about making the investment If they just wanted a delapidated old ground with ancient facilities and no training ground, but a football club for sale regardless, then Pompey fitted the bill. However as I have pointed out, if they are planning to invest money into the club to buy a new stadium, a decent training ground, some infrastructure, then they might as well have placed that money into buying a club that already had those facilities. You ask for a list of clubs, but as somebody else has already indicated, most clubs are for sale apart from those in the upper reaches of the Premiership. Hell, they could have bought us for not too much before we went under. So doesn't it suggest to you that the Ruskies aren't wealthy enough to buy such a club already with a decent infrastructure, or that they are just happy to have their name attached to a football club in a printed portfolio of their assets, merely for effect? And the people who read that portfolio of the Ruskies' sporting assets would only see a club with history, two FA Cups, league champions etc, although most of the glory was in the distant past and the recent glories led to your club being the first to go under in the Premiership? If it's all about image and perception, surely there are few football clubs nowadays that have a poorer image than the Skates. Portsmouth is the equivalent of the Trabant motor car. Perhaps that's the attraction. But hey-ho, Ho, we mustn't forget that the Russian mafia weren't the only people sniffing around the rotten carcase. There were other vultures and carrion too, or would the more likely comparison be flies buzzing around a pile of sh*t? Link to comment Share on other sites More sharing options...
dubai_phil Posted 15 November, 2011 Share Posted 15 November, 2011 I reiterate - If they just wanted a delapidated old ground with ancient facilities and no training ground, but a football club for sale regardless, then Pompey fitted the bill. However as I have pointed out, if they are planning to invest money into the club to buy a new stadium, a decent training ground, some infrastructure, then they might as well have placed that money into buying a club that already had those facilities. You ask for a list of clubs, but as somebody else has already indicated, most clubs are for sale apart from those in the upper reaches of the Premiership. Hell, they could have bought us for not too much before we went under. So doesn't it suggest to you that the Ruskies aren't wealthy enough to buy such a club already with a decent infrastructure, or that they are just happy to have their name attached to a football club in a printed portfolio of their assets, merely for effect? And the people who read that portfolio of the Ruskies' sporting assets would only see a club with history, two FA Cups, league champions etc, although most of the glory was in the distant past and the recent glories led to your club being the first to go under in the Premiership? If it's all about image and perception, surely there are few football clubs nowadays that have a poorer image than the Skates. Portsmouth is the equivalent of the Trabant motor car. Perhaps that's the attraction. But hey-ho, Ho, we mustn't forget that the Russian mafia weren't the only people sniffing around the rotten carcase. There were other vultures and carrion too, or would the more likely comparison be flies buzzing around a pile of sh*t? Hate it when the troll gets quoted There is public (ie media) record of two other clubs, Bompey & Rangers. The former appears in the media on two separate occassions, the latter was more speculative but was in the press. Anyone wants two more you know how PM system works Link to comment Share on other sites More sharing options...
eurosaint Posted 15 November, 2011 Share Posted 15 November, 2011 I reiterate - If they just wanted a delapidated old ground with ancient facilities and no training ground, but a football club for sale regardless, then Pompey fitted the bill. However as I have pointed out, if they are planning to invest money into the club to buy a new stadium, a decent training ground, some infrastructure, then they might as well have placed that money into buying a club that already had those facilities. You ask for a list of clubs, but as somebody else has already indicated, most clubs are for sale apart from those in the upper reaches of the Premiership. Hell, they could have bought us for not too much before we went under. So doesn't it suggest to you that the Ruskies aren't wealthy enough to buy such a club already with a decent infrastructure, or that they are just happy to have their name attached to a football club in a printed portfolio of their assets, merely for effect? And the people who read that portfolio of the Ruskies' sporting assets would only see a club with history, two FA Cups, league champions etc, although most of the glory was in the distant past and the recent glories led to your club being the first to go under in the Premiership? If it's all about image and perception, surely there are few football clubs nowadays that have a poorer image than the Skates. Portsmouth is the equivalent of the Trabant motor car. Perhaps that's the attraction. But hey-ho, Ho, we mustn't forget that the Russian mafia weren't the only people sniffing around the rotten carcase. There were other vultures and carrion too, or would the more likely comparison be flies buzzing around a pile of sh*t? To be fair there was interest from that young lad from up north whose dad had just gone bankrupt, but I think that was it, hardly a queue of serious billionaires ? Link to comment Share on other sites More sharing options...
holepuncture Posted 15 November, 2011 Share Posted 15 November, 2011 what assets do P****y have that would be an attractive investment proposition? Nothing, just one great big bag full of big mother f*cking liabilities! Nottarf valued @ £7m = PMSL... £100k and a toilet just to get it open this season If it's all about image and perception, surely there are few football clubs nowadays that have a poorer image than the Skates. Portsmouth is the equivalent of the Trabant motor car. Perhaps that's the attraction. No no its ok, Tesco want to put a new supermarket there, but squeeze a brand new nottarf in too! Sorry, but the land aint big enough for the both of you!... and supermarkets on portsea are as squeezed as the skates 'potential'. tesco on portsea = squeezed by the tescos already on commercial road, asda less than 1/2 a mile from nottarf, morrisons just up the eastern road, waitrose in southsea, all of the top of my head... and thats before we consider the farmfoods and icelands of this world. skates = Brighton to the east, Saints/Bompey/Reading to the west, London to the north! what with that gigantic brand new Tescos at paulsgrove, I struggle to see why they want to move to nottarf. I think someone will develop the land once the skates have packed up the horses and carts and set off for Moneyfields, however it is more likely to be a leisure centre or a mall type complex. Lets not forget the skates/hong kong loan shark/russian mafia dont actually own anything past the perimeter of the arena, gadymack owns the lot of it and he aint just gonna hand it over if, as corp believes, Tescos are ready and waiting to pump millions at the skates...! PMSL, and you can forget about your 'localism bill', that would make it easier to demolish nottarf not harder! Link to comment Share on other sites More sharing options...
aintforever Posted 15 November, 2011 Share Posted 15 November, 2011 I didn't say that the stadiums (stadia?) at The Hard would be built, only that the finances added up What, the half billion pound potty that was supposed to be built on reclaimed, Royal Navy land by a Russian gun-runner! I would love to see how those figures add up! Link to comment Share on other sites More sharing options...
Gemmel Posted 15 November, 2011 Share Posted 15 November, 2011 corps..... planning permission, already granted by the council is not correct. The last one to investigate the possibilities was our favorite Dr....................... The day after Dr Al Fahim spoke exclusively to The News about his multi-million pound takeover of Pompey, Mr Storrie said: 'They have seen the plans for the stadium and are quite pleased with those and the training ground so one can only assume those will go in – but let's not get carried away, the deal's not done until it's signed.' Pompey have put on hold plans for a 100m stadium at Horsea Island and are looking to rebuild Fratton Park in the wake of the credit crunch. The club has previously said that a planned Tesco store next to the ground was crucial as it would fund 70 per cent of the 22m rebuild. But it could prove tricky getting planning permission. Tricky ?? Well may be the first step would be for Tesco to actually commit and buy the land or at least put in a formal application. This hasnt been done yet. The Mail did an article to suggest that Tesco may be not be interested after any more.... But then a lot can happen in two years, right corpy http://www.portsmouth.co.uk/news/local/east-hampshire/fratton_park_is_set_to_hold_30_000_fans_1_1232842 Link to comment Share on other sites More sharing options...
rallyboy Posted 15 November, 2011 Share Posted 15 November, 2011 the figures added up? Outgoings - Purchase bits of dockyard and the entire harbour front housing and businesses at The Hard and surrounding area - maybe £500M? Reclaiming of the waterfront area for construction - £100M? Income - Sell Fratton Park - £15M (yeah right!) So you have spent anything from £500M-£750M and you are ready to go to planning or to dig the first footings. It was a fantasy scheme from day one, and cost £1M in fees to get that far - insane. Looking at that map again, even the 'turning the pitch' plan requires the purchase of two blocks of land - and the child-maimer isn't going to be selling bits and pieces, he wants top dollar for the lot - or perhaps to squeeze the club to bankruptcy so he can get in there again like a vulture. I know Ho says that the land isn't worth anything, but it is to someone who needs it for development, so the arms dealer who was introduced to the club as a safe pair of hands by the tax-evading previous owner, looks to still be nicely in control of most things pompey. Until Chanrai's debt is cleared he retains control of the ground, Gaydamak owns everything else, the Russians must be 3rd in charge down there until they cough up the money to Chanrai. They need to find a shedload of cash from somewhere because starting an academy from scratch and employing a keen young cheap manager is great for ten years time, but doesn't solve the problems that exist today. A new ground is key to the future so they need to find millions, sooner rather than later. The business plan looks a little fragile - April will tell us if they are the real deal when they either put some money on the table or AA re-enters stage left for more financial jiggery-pokery and creditor-raping. Looking at recent history I would be surprised if the CVA start date dawns without incident, especially as the Russians didn't seem to know it existed when they made their first press statement that included the odd phrases 'clean slate' and 'debt-free'. Link to comment Share on other sites More sharing options...
anothersaintinsouthsea Posted 15 November, 2011 Share Posted 15 November, 2011 No no its ok, Tesco want to put a new supermarket there, but squeeze a brand new nottarf in too! Sorry, but the land aint big enough for the both of you!... and supermarkets on portsea are as squeezed as the skates 'potential'. tesco on portsea = squeezed by the tescos already on commercial road, asda less than 1/2 a mile from nottarf, morrisons just up the eastern road, waitrose in southsea, all of the top of my head... and thats before we consider the farmfoods and icelands of this world. You can add a brand new Morrisons being built at the bottom of the M275 near the Naval Base/Ferryport, the small Sainsburys at the top of Commercial Road, the big Sainsburys in Farlington, the small Tescos in Southsea, the big Asda in Bedhampton, and the fact that Tescos have just opened two new big sites at Havant and Fareham. I really can't see Tescos spending millions on another site which wouldn't actually be that big. Now if the club was to fold and the whole site was developed as residential/retail mix then maybe they would Link to comment Share on other sites More sharing options...
anothersaintinsouthsea Posted 15 November, 2011 Share Posted 15 November, 2011 the figures added up? Outgoings - Purchase bits of dockyard and the entire harbour front housing and businesses at The Hard and surrounding area - maybe £500M? Reclaiming of the waterfront area for construction - £100M? Income - Sell Fratton Park - £15M (yeah right!) So you have spent anything from £500M-£750M and you are ready to go to planning or to dig the first footings. It was a fantasy scheme from day one, and cost £1M in fees to get that far - insane Not to mention a pretty saturated Apartment market in Portsmouth even before the credit crunch, the need to relocate the Warrior and the needed approval from the Queens Harbour Master/Royal Navy, the need to relocate the bus station and accommadation of the rail station and Fast Cat/Gosport ferry. ******* barmy. Link to comment Share on other sites More sharing options...
Weston Super Saint Posted 15 November, 2011 Share Posted 15 November, 2011 I don't know why you're all getting so excited at the possibility of a points penalty as we all know it won't happen. Can you tell us if this is your own opinion or that of someone high up at the club that you see socially every two weeks or so? Just so we know, so that IF something were to happen to Pompey we can all stick our tongue out and mock you for being so wrong. Link to comment Share on other sites More sharing options...
Depressed of Shirley Posted 15 November, 2011 Share Posted 15 November, 2011 Corp, you have managed to prove again that you don't get it. Unsustainable wages will kill the club, just like it did last time. I would have thought that with all your administrations you would have worked it out by now. Link to comment Share on other sites More sharing options...
Minsk Posted 15 November, 2011 Share Posted 15 November, 2011 You can add a brand new Morrisons being built at the bottom of the M275 near the Naval Base/Ferryport, the small Sainsburys at the top of Commercial Road, the big Sainsburys in Farlington, the small Tescos in Southsea, the big Asda in Bedhampton, and the fact that Tescos have just opened two new big sites at Havant and Fareham. I really can't see Tescos spending millions on another site which wouldn't actually be that big. Now if the club was to fold and the whole site was developed as residential/retail mix then maybe they would IIRC, there's a big Tesco in Cosham as well - just off the motorway. Link to comment Share on other sites More sharing options...
Gorgiesaint Posted 15 November, 2011 Share Posted 15 November, 2011 I think there's plenty of logic to it. I've said all along while Dubya seemed for some reason to think that it would irritate me that I had no illusions that Pompey were CSI's only choice in buying a club. I think we just happened to be available. I think they wanted A CLUB to fit in with their portfolio of sports businesses (WRC, Golf etc) and we were available. You were available - and lets face it, there aren't many other Championship teams available for £7m are there? In fact, come to think it, have they even paid £7m yet - as Portpin still have their name all over the title at Land Registry. Free football teams - don't get many of them, but good old Pompey are like a good whore, available for whoever wants to go with them! Link to comment Share on other sites More sharing options...
Fowllyd Posted 15 November, 2011 Share Posted 15 November, 2011 (edited) Silly me. I thought the idea of "laundering" money meant putting illegally gained money through a company so you could get most of it back "washed" so you could then bank it. I didn't realise it meant paying out millions with no hope of ever seeing it again. Thanks for redefining the concept for me (and everyone else) I think there's plenty of logic to it. I've said all along while Dubya seemed for some reason to think that it would irritate me that I had no illusions that Pompey were CSI's only choice in buying a club. I think we just happened to be available. I think they wanted A CLUB to fit in with their portfolio of sports businesses (WRC, Golf etc) and we were available. But I think it's Saints fans who need to take the blinkers off, not us. The wage bill can be managed down pretty easily by losing a couple of the big earners. Our recent image is poor in your eyes but for most people we have a pretty high profile (FA Cup winners and losing finalists in the last couple of years etc). The CVA is there of course but Lampitt says it's covered by the parachute money (whether 100% or not I'm not sure I believe him but certainly it covers a decent part of it). We don't own a training ground but we have the facilities so I can't see what the issue is there, many clubs don't own their own and the land to build a new one if the cash is available is available free from the council. The fan base isn't low, it's just been kicked in the teeth too often over the past few years. We averaged crowds of 15,700 last year in a terrible year for the club. There's plenty of clubs who'd like a terrible fan base like that. The ground needs to be redeveloped eventually granted but how many clubs have an agreement already in place with Tesco to pay such a large chunk of the redevelopment budget and planning permission already in place? Saints fans just look at the negatives. All clubs need investment. CSI just wanted a club but there's plenty of potential at PFC. Not saying CSI will invest what's necessary to fully tap that potential but like I said, I think it's you guys who need to take the blinkers off Generally, money laundering involves getting a relatively small proportion of the dirty money back, not most of it - for the simple reason that clean money is so much better to have. So, if you put dirty money in towards wages and other running costs, and take out maybe 20% of that from income (parachute payments etc) you have clean money in exchange for dirty money. Straightforward enough; the club runs at a loss, but you don't care because your dirty money comes out clean. I have no idea whether this is the intention of your owners, but it's far from the idiotic idea you make it out to be. The rest of your post reads like a desperate attempt to convince yourself that all is well down at Fratton. For example, do you really believe that the parachute payments will cover most of the CVA? Have they been ringfenced so they can't be used for other purposes then? If the club is running at a loss, won't they just get swallowed up by that? And, as others have pointed out, getting high earners off the wage bill is nowhere near as easy as you make out - Tal Ben Haim for one would be long gone if that were the case. Now then. Given that you are so unforgiving of those who fail to answer to your satisfaction questions which you have asked, how about you give some thought (and maybe even a part of one of your three daily posts) to answering mine about the ownership of Fratton Park? To remind you and save you the bother of schlepping back through the thread: I stated that the Land Registry entry which you posted shows a charge in favour of Portpin to be still in force, rather negating your claim that Chainrai has no further hold over the ground. Added to that, Katalinic found evidence of a debenture over the ground held by - yes, you guessed it! - Portpin. Care to comment? Edited 15 November, 2011 by Fowllyd Link to comment Share on other sites More sharing options...
Dark Munster Posted 15 November, 2011 Share Posted 15 November, 2011 You were available - and lets face it, there aren't many other Championship teams available for £7m are there? In fact, come to think it, have they even paid £7m yet - as Portpin still have their name all over the title at Land Registry. Free football teams - don't get many of them, but good old Pompey are like a good whore, available for whoever wants to go with them! You are being a tad generous though, Gorgiesaint. I would replace "good whore" with "dirty, filthy, cheating whore." Link to comment Share on other sites More sharing options...
EastleighSoulBoy Posted 16 November, 2011 Share Posted 16 November, 2011 I'd wager that the likes of Ben Haim are quite happy to run down their contracts which, ultimately, will see them leave the skates for free. No money coming in there then! Link to comment Share on other sites More sharing options...
suewhistle Posted 16 November, 2011 Share Posted 16 November, 2011 You can add a brand new Morrisons being built at the bottom of the M275 near the Naval Base/Ferryport, the small Sainsburys at.... The LIDL a few hundred yards from Fratton P.... Link to comment Share on other sites More sharing options...
Sevvy Posted 16 November, 2011 Share Posted 16 November, 2011 http://www.newsnow.co.uk/A/532577998?-11209. Reduce the prices get more people in, and only get a small return in money, may look good on the telly a possible full house but at what cost, Link to comment Share on other sites More sharing options...
saint si Posted 16 November, 2011 Share Posted 16 November, 2011 http://www.newsnow.co.uk/A/532577998?-11209. Reduce the prices get more people in, and only get a small return in money, may look good on the telly a possible full house but at what cost, Wow, people who bought full season tickets are going to be mightily p****d off! Assuming they can do the maths... Link to comment Share on other sites More sharing options...
anothersaintinsouthsea Posted 16 November, 2011 Share Posted 16 November, 2011 IIRC, there's a big Tesco in Cosham as well - just off the motorway. Can't believe I missed that off, yep huge Tescos at North Harbour. Link to comment Share on other sites More sharing options...
OldNick Posted 16 November, 2011 Share Posted 16 November, 2011 Wow, people who bought full season tickets are going to be mightily p****d off! Assuming they can do the maths... Exactly, so are they going to refund the full s/t holders or put 2 fingers up to their loyal fan. As for Rallyboy quoting 500-700-m for the rebuild, surely tradition down there says that they get it built with all the trimmings and then default. If a lot of local businesses fold why would they care? Link to comment Share on other sites More sharing options...
Frank's cousin Posted 16 November, 2011 Share Posted 16 November, 2011 ... assuming that figure of 22m for a redevelopment is correct... what are they hoping to do with that amount? Prices have moved on - SMS may be a litte identikit, but we did get a 32k stadium for 35 mil - The 22k Amex cost close to 100mil - simply dont see what pompey can do to redevelop this for 22 mil... that would build them a 14k new stadium just (see ST Helens new ground) and thats assuming they have bought up some additioanl space from Gaydamak. Looking at the image above, if the new owners wer able to purchace all they highlighted land from Gaydamak/Barclays and finally pay off Chanrai etc that allowwn will cost them 7mil or so + what they owe chanrai + the approx 25mil (20p in the pound) CVA + (any outstanding football creditors?) - so lets assume 35 mil add to that say 60 mil for a new stadium (minimum) + conversion of the land to training ground and academy etc - close on to 100mil - now IF the russians were serious about developing the club, that would probably be a good long term approach, but a) do they have 100 mil and are they willing to pump that sort of cash in, B) who woyuld lend it to them given tehir financial history? Seems teh very first thing they should be looking at if serious is to aquire the land and pay off chanrai and the creditors - then and only then begin the process of new ground and training centre development by which time stadium budget will have doubled again just to get to a 20k figure. Corps, that is why it is still not exactly clear what value the russians currently see in the club as there have been no indications that they have that sort of investment aim. Had, the club spent that 120 mil of accumulated debt on developing the infrastructure as above rather than paying stupid wages and ridiculous transfer , then you would have been a reasonable proposition for a takeover by thsoe who saw the potential of a return to the top flight and thus a gradual repayment of teh investment - maybe then had you fallen on hard times you would have had more sympathy, rather than have spnked that amount on vain attempts for glory and an unfair competitibve advantage. Priorities all wrong it seems. Link to comment Share on other sites More sharing options...
rpb Posted 16 November, 2011 Share Posted 16 November, 2011 Seems teh very first thing they should be looking at if serious is to aquire the land and pay off chanrai and the creditors - then and only then begin the process of new ground and training centre development by which time stadium budget will have doubled again just to get to a 20k figure. C Frank - I really enjoy your posts but you wrote 'the' instead of 'teh' in this sentence. Link to comment Share on other sites More sharing options...
dubai_phil Posted 16 November, 2011 Share Posted 16 November, 2011 Frank - I really enjoy your posts but you wrote 'the' instead of 'teh' in this sentence. Link to comment Share on other sites More sharing options...
holepuncture Posted 16 November, 2011 Share Posted 16 November, 2011 so does anyone have any reason to purchase the skates, at all? other than corps 'we were available at the time'... they are about 20-25 years behind us in an infrastrucural sense... and how the f*ck are a club averaging 13k gates going to ever be able to finance even a flat pack stadium at £100 million, let alone the Harbourdrome Arena at £500-700 million? PMSL And my favorites: PMSL Link to comment Share on other sites More sharing options...
anothersaintinsouthsea Posted 16 November, 2011 Share Posted 16 November, 2011 That toilet bowl one is hilarious. I know the setting pretty well and judging by the size of nearby sites it would give you a pitch the size of a tennis court, the scale is completely off. There was never a hope in hell of squeezing a full size pitch, stands for a 30k capacity AND apartments encircling the stadium in the space they're showing the toilet bowl. Absolutely hilarious. And yet Corp Ho told us it all stacked up Link to comment Share on other sites More sharing options...
pfc123 Posted 16 November, 2011 Share Posted 16 November, 2011 You can add a brand new Morrisons being built at the bottom of the M275 near the Naval Base/Ferryport, the small Sainsburys at the top of Commercial Road, the big Sainsburys in Farlington, the small Tescos in Southsea, the big Asda in Bedhampton, and the fact that Tescos have just opened two new big sites at Havant and Fareham. I really can't see Tescos spending millions on another site which wouldn't actually be that big. Now if the club was to fold and the whole site was developed as residential/retail mix then maybe they would Strategic food retail planning doesn't work like that. If the competition build new stores you don't just run up the white flag and retreat, especially if you're a big player like Tesco. You respond in kind. Additionally, Tesco's current presence on Portsea island is quite weak with a small, unexpandable store in Crasswell street and an even smaller worn out shop in Albert road. A new store at FP works strategically in that it will cater for people in Southsea, Milton, Fratton and Copnor. Anyone leaning towards Tesco In those areas at the moment probably doesn't bother with Crasswell street as it's a hike across town, doesn't give Albert road a second thought, and doesn't bother with Havant or Northarbour due to the distance.... Link to comment Share on other sites More sharing options...
pfc123 Posted 16 November, 2011 Share Posted 16 November, 2011 ... and how the f*ck are a club averaging 13k gates going to ever be able to finance even a flat pack stadium at £100 million, let alone the Harbourdrome Arena at £500-700 million? PMSL SFC Average league attendance 1994-2001: 2001 15.115 2000 15.132 1999 15.133 1998 15.159 1997 15.105 1996 14.822 1995 14.689 1994 14.764 You managed it! We're only 1500 off your last 'Skip' average attendance and you were in the top flight then! Pot & kettle yet again........ Link to comment Share on other sites More sharing options...
pedg Posted 16 November, 2011 Share Posted 16 November, 2011 SFC Average league attendance 1994-2001: 2001 15.115 2000 15.132 1999 15.133 1998 15.159 1997 15.105 1996 14.822 1995 14.689 1994 14.764 You managed it! We're only 1500 off your last 'Skip' average attendance and you were in the top flight then! Pot & kettle yet again........ I am guessing you are deliberately ignoring the difference between low attendance due to capacity and low attendance despite higher capacity. Link to comment Share on other sites More sharing options...
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