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Pompey Takeover Saga

Fitzhugh Fella

By Fitzhugh Fella,
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Doctoroncall

Doctoroncall

Posted
Posted

The chief executive said: ‘For me, it’s another example of a legacy issue we have inherited that has been dealt with. And that will enable us all to move on. Since the owners have arrived, a number of long-standing issues have been resolved. That has to be a positive for the club, helping us to move forwards.'

 

That's good, nice clean Pompey move on with no other things outstanding like identifying the creditors under £2500, paying off the CVA and having an owner involved in a dodgy bank.

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Gingeletiss

Gingeletiss

Posted
Posted
LOL at some Dinlo asking when Kyle Walker is arriving !!

 

As well as......

 

40

iwys

Thursday, November 17, 2011 at 06:33 AM

 

Follow the financial news over the next couple of days and you will find out why they were happy to get any cash they could from Spurs and why they are trying to sell cut price half season tickets now. Bank Snoras ;)

 

You have to laugh!

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Fitzhugh Fella

Fitzhugh Fella

Posted
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Fitz in light of the above statement by the FSA highlighting the "ongoing pattern of behavior" of Mr Antonovs "institutions", where does this leave the FA ?,how can they claim not to have known about the FSA,s Red Light on this character.They have now been made to look incompetent.As for feeling sorry for them in this season of goodwill! NO CHANCE.

 

 

I did say almost :)

Don't worry I belong in the camp that would see them blown off the face of the planet.

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suewhistle

suewhistle

Posted
Posted

 

Thanks for pointing me in that direction - hilarious!

 

"this can only be good news . csi are slowly making pompey a respectable club again after previous owners have dragged the good ship pompey through dirty waters .every thing we get to hear about csi seems to show their interest and their goal of making pfc a top club again .if anyone had doubts before surely they cant still hold them now well done csi onwards and up pup pfe"

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saint si

saint si

Posted
Posted
Does anyone know if the UK has extradition arrangements with Lithuania?

 

Certainly appears so (no idea what Category 1 is but they're lumped in with France, Germany etc).

Source: http://www.homeoffice.gov.uk/police/extradition-intro11/extrad-part-1/

 

 

Now, just a quick exercise to see how much Antonov has lost (as my last effort was far too fag packet).

 

First up, what is Snoras worth.

 

Share price: 23cents per share on Tuesday, before they were nationalised

Source: http://investing.businessweek.com/research/stocks/charts/charts.asp?ticker=SRS1L:LH

 

How many shares: 494,217,000

Source: http://www.snoras.com/en/about/reports/dynamic

 

So current total value: 114m Euros, of which Antonov has 68% = 77m Euros

At current exchange rates, that's $104m.

 

But wait, Antonov's apparently worth $300m.

Source: http://en.wikipedia.org/wiki/Vladimir_Antonov

 

Dig a little deeper, the wiki article is quoting an article (on Bompey) from June 2010 (stated as £200m), and was actually itself a quote from a 2007 Russian rich-list (and wikipedia itself acknowledges the figure is from 2007).

Source: http://www.goal.com/en-gb/news/3268/league-one/2010/06/29/2000997/russian-multi-millionaire-duo-aim-to-buy-afc-bournemouth-and

Another source stating the figure is from 2007:

http://articles.businessinsider.com/2011-08-03/lifestyle/29989325_1_saab-vladimir-antonov-russian-tycoons

 

So, back to the share price graph (businessweek link)... Snoras's share price has absolutely tanked since 2007, from around 80cents per share that year. Acknowledging that he may have bought/sold shares in that time, and new share capital released, that exchange rates have fluctuated etc, it still seems fair to draw a couple of conclusions:

 

- the $300m figure banded about is well out of date, and is likely to have diminished considerably since 2007 as a result of his Snoras shares alone (and any other banking interests will have faired pretty badly over the same period)

 

- the $104m write off from this week's events is a fair chunk of his personal wealth.

 

 

And that's all without considering any criminal proceedings...! I have no idea of Lithuanian corporate law, but as chairman of the supervisory board, if there have been wrongdoings, could he also have a personal liability...?

Source: http://www.snoras.com/en/about/management/council

 

 

 

 

Re: Fit and Proper Persons, it's the Football League's rules on owners and directors that apply.

Source: http://www.football-league.co.uk/regulations/20110629/appendix-4_2293633_2128219

 

Think part (ix) under Disqualifying Condition is relevant:

 

(ix) any conviction for a like offence to any of the above offences by a competent court having jurisdiction outside England and Wales, whether such conviction occurred prior to or after 10th March 2005 (being the date of implementation of this Test).

 

So assuming Lithuania is judged competent (it would be), then the offences in this section would apply. "an offence involving a Dishonest Act" would seem to fit the bill.

 

So assuming he were found guilty (an assumption only), and assuming therefore he is found to no longer meet the conditions of the test, what would happen? As far as I can tell from skimming it, he would have to stop being a director at the club, or else the Football League can issue sanctions. The definition of Director used includes:

 

(h) a person who exercises or is able, legally or beneficially, to exercise Control over the affairs of the Club,

Somebody with a 75% stake would clearly be able to do this, so therefore it is fair to say that this would apply to Antonov.

 

So, if all of the above happens, i can't see any way other than for the FL to insist that he is no longer fit. It is not a single one off test that is no longer relevant, as this paragraph makes clear:

 

2.1 Any person who is at any time subject to a Disqualifying Condition shall be disqualified from holding office or acting as a Club Director at a Club for such a period as they shall remain subject to a Disqualifying Condition.

 

In any case, the FL is a law unto themselves, so I imagine they will simply do whatever they want.

 

Plenty of mileage in this thread yet!

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lumuah

lumuah

Posted
Posted

Interesting bit from the skates thread:

 

45

bluelagoon

Thursday, November 17, 2011 at 11:30 AM

 

From Global-Edmonton: "Prosecutors said Thursday they want to question the owners and would take "all measures" to locate and seize their assets both in Lithuania and abroad." So could Pompey soon be property of the Lithuanian state?

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rallyboy

rallyboy

Posted
Posted

too late for extradition, by now he'll be away over the border into Hayling Island, stowed away in that safe house used by the witness protection programme.

 

The pompey story is getting complicated again, can't they do one criminal case at a time so everyone can keep up?

It's difficult to remember all the twists and turns but the place is a magnet for criminals - I'd be curious to know what Nicola makes of it as he knows banking better than he knows football.

He must be looking forward to meeting his fellow bankers and seeing the lovely facilities down the road.

 

That aside, this does seem like quite a significant development and surely there must be rumblings in the FA and FL?

 

As for the tabloids, you'd hope they'd be frothing at the mouth with anticipation like Avram at a sex worker convention but I fear it will pass most of them by.

 

It must be over a year ago that I compared their state to attending the funniest comedy festival ever.

It's non-stop hilarity, inspired and original, but everytime you go to leave the venue at the end of the show, the curtain goes back up and they return and do some more.

Wish I'd bought sandwiches, and the last train is long gone - not sure I can laugh any harder, please stop, it's too much.

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Foxstone

Foxstone

Posted
Posted
Interesting bit from the skates thread:

 

45

bluelagoon

Thursday, November 17, 2011 at 11:30 AM

 

From Global-Edmonton: "Prosecutors said Thursday they want to question the owners and would take "all measures" to locate and seize their assets both in Lithuania and abroad." So could Pompey soon be property of the Lithuanian state?

 

Possibly not but they might become a feeder club for FK Ekranas

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pfc123

pfc123

Posted
Posted
.....after reading every word of nearly nine-hundred pages of this thread, have started skipping whole sections is truly on a whole higher plane of trolling.

It is a fine line between genius and hat-stand barking obsessive bonkersness.

 

I suspect that after nearly 900 pages we ALL fall into the latter category, hmmm?

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dubai_phil

dubai_phil

Posted
Posted

Ah the EU extraditin treaty.

 

I'm no expert but I do believe Mr Assange had a few choice comments about how it works - namely you do not even have to be charged with an offence to be extradited these days.

 

What was it I used to end my posts with back in the days of Al Mirage? Oh yes.

 

Tick tock.

 

See it was the plan to repair the clock that caused this latest PR disaster

 

Right, off to pack, get an hour of zzz's before my flight after finishing my two powerpoints for the weekend on Sustainable ICT Practices

 

Trust me - far more boring than anything on here over the weekend. It hacks me off with this breaking that by Monday there'll be 15 pages to catch up on!

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Gemmel

Gemmel

Posted
Posted

45,000 posts, nearly 2.4 million views and 28 months later....

 

6 owners

 

Numerous court cases

 

120 million pounds worth of debt......

 

And we are back to square one, the CVA remains unserviced, the training ground is still in Southampton, fratton park is still owned by chinny and the latest saviour looks more of a Nick Leeson than a St. Nick.

 

Hard to know what to say or how to paraphrase, so I will keep it simple.......

 

 

Thank you :) :)

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Gemmel

Gemmel

Posted
Posted
Ah the EU extraditin treaty.

 

I'm no expert but I do believe Mr Assange had a few choice comments about how it works - namely you do not even have to be charged with an offence to be extradited these days.

 

What was it I used to end my posts with back in the days of Al Mirage? Oh yes.

 

Tick tock.

 

See it was the plan to repair the clock that caused this latest PR disaster

 

Right, off to pack, get an hour of zzz's before my flight after finishing my two powerpoints for the weekend on Sustainable ICT Practices

 

Trust me - far more boring than anything on here over the weekend. It hacks me off with this breaking that by Monday there'll be 15 pages to catch up on!

 

Dont go to bed, you have a pm. Need your help next week

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Guided Missile

Guided Missile

Posted
Posted

 

As usual, wrong on so many counts:

1. How have they weakened their bargaining position? Gaydamak knows they're the only ones who will buy the land. hardly a stunning revelation for him was it?

2. A Swedish Govt investigation into Antonov found no connection whatsoever to organised crime. General Motors also publically stated they were happy for him to take over at SAAB. If you look at the second article it says that the Swedish prime minister will turn against anyone who wants to short-circuit the approval process of Antonov. Hardly the damning indictment you'd expect from a head of state for a criminal, is it?

 

http://www.mondotimes.com/3/news/19177

 

http://www.saabsunited.com/2011/06/gm-approved-of-antonov-a-long-time-ago-swedish-government-caught-unaware.html

 

 

 

PMSL. So one quote can now represent every Pompey fan? Maybe I should quote people on here who have posted things along the lines of "I have a few mates who are Pompey fans who are decent people and feel ashamed about what happened". Then maybe you could apply those feelings to every Pompey fan instead. What do you say?

 

 

 

1. Their press conference wasn't about detail, it was about their overall objectives. Now we know what their aims are we can start to ask the questions but seeing as it was a recorded interview, how do you suggest we should have asked them at that time?

2. The "grubby little bank Snoras". You mean the one that won a " Intyernational Region Bank of the year" award from The Banker magazine that's the most respected international financial publication? That grubby little bank?

2.1. SAAB's not connected with them. I ask again, what other of their companies has "issues"? I'll give you a clue - none of them, you made it up

 

 

For me, Ho is a Christmas present that just keeps giving....

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pedg

pedg

Posted
Posted (edited)
Ah the EU extraditin treaty.

 

I'm no expert but I do believe Mr Assange had a few choice comments about how it works - namely you do not even have to be charged with an offence to be extradited these days.

 

Bit of an aside but as I understand it:

 

1) The police suspect some one of committing a crime

2) They interview said suspect, either while under arrest or under caution if they have presented themselves to the police.

3) They charge the suspect with the crime of they think they have a good case.

 

In the case of Assange he is wanted for questioning and will be charged afterwards if they think they have a case. There has never been a requirement with the method being used to extradite Assange, as far as I know, for someone to be charged with an offence before they can be extradited.

 

As we all know from cop show people are arrested 'on suspicion' of a crime and are then charged later or released.

Edited by pedg
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anothersaintinsouthsea

anothersaintinsouthsea

Posted
Posted
Interesting bit from the skates thread:

 

45

bluelagoon

Thursday, November 17, 2011 at 11:30 AM

 

From Global-Edmonton: "Prosecutors said Thursday they want to question the owners and would take "all measures" to locate and seize their assets both in Lithuania and abroad." So could Pompey soon be property of the Lithuanian state?

 

I think Pompey are more of a liability than an asset to be honest.

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pedg

pedg

Posted
Posted
Interesting bit from the skates thread:

 

45

bluelagoon

Thursday, November 17, 2011 at 11:30 AM

 

From Global-Edmonton: "Prosecutors said Thursday they want to question the owners and would take "all measures" to locate and seize their assets both in Lithuania and abroad." So could Pompey soon be property of the Lithuanian state?

 

More interesting is the bit where it says "they want to question the owners". Will he go willingly, be extradited or leave the country all together?

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BigShadow

BigShadow

Posted
Posted
I think Pompey are more of a liability than an asset to be honest.

 

Well, if as is suspected, Chainrai still owns Fratton Park and Gady owns everything else - what do CSI own? Player registrations, £25m of CVA debt and the right to use the global brand that is PCFC? Almost definitely falls on the liability side of the equation.

 

The question might soon be - is Chainrai prepared to become the reluctant owner for a third time?

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holepuncture

holepuncture

Posted
Posted

 

As usual, wrong on so many counts:

 

2. A Swedish Govt investigation into Antonov found no connection whatsoever to organised crime. General Motors also publically stated they were happy for him to take over at SAAB. If you look at the second article it says that the Swedish prime minister will turn against anyone who wants to short-circuit the approval process of Antonov.

 

2. The "grubby little bank Snoras". You mean the one that won a " Intyernational Region Bank of the year" award from The Banker magazine that's the most respected international financial publication? That grubby little bank?

2.1. SAAB's not connected with them. I ask again, what other of their companies has "issues"? I'll give you a clue - none of them, you made it up

 

PMSL, I think a pat on the back from all concerned on this glorious thread, a little toast is in order for this evening!

 

It was clear to see that when the CIA alert the Swedish authorities that Vlad is up to no good, and when General Motors wont touch him, something was up... and then the FSA banned Snoras from a UK license, good call UK authorities, wouldnt want to get caught up with this lot!

 

we all knew something was up, and the first sighting of the sensational reports on rumafia.com, along with court transcripts, was absolutely right all along...

 

he is a gangster mafiaso, he is a money launderer, and funnily enough the sums of missing assets reported by the Lithuanian government match up almost perfectly with the sums reported on rumafia.com... sorry skates but the reports back then were so detailed even the most talented of copy writers would have struggled to produce that!

 

So, the russian mafia had indeed syphoned out circa £300m from Russian railways corp, bunged it through the dodgy banks, re-wired it to the off shore accounts with a view to the Central bank providing a bailout... Rumafia had it absolutely nailed on months ago, and it is unravelling before our very eyes... although im not sure if the Government seizing the bank was part of Vlads plan?!

 

its funny how there were so many claims (CIA, FSA, Sweden) all concerned about Vlads 'continuously misleading statements and false information' and 'links to organised crime' oh and also 'widespread fraud and money laundering'... FFS! At least the dirty skates opened their arms to him, the facebook pages are still quite nausiating with all the cock sucking going on by the phew...

 

why the skates though?... well, I believe he is 'doing an Abramovich'

 

Take control of a football club, in this case a decrepid and desperate one...

 

instantly find popularity and a public profile in a stupidly lax and liberal country where he knows it will be hard to get near him.

 

Chuck a bit of money at the skates and he becomes a saviour

 

abuse the shocking corporate governence in an industry where money washes about like a whirlpool

 

This is all utterly hilarious and its side splittingly funny that the skates thought he was the real deal, respected (PMSL), when we could all see him for what he is - a russian mafioso...

 

so, how do the skates feel about the future? I guess the toilet will have to be put on hold for now which is a major blow... the skates are staring down the barrel of the russian mafias gun...

 

how many times will these greedy, deluded, dirty skates fall for these criminal owners, and when will the stop explicitly endorsing them and glamourising them?

 

Dubov_Roman.jpg

 

Vladimir_Antonov.jpg?1302894350

 

PMSL, HO HO HO

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holepuncture

holepuncture

Posted
Posted

and heres a nice article from 2008 implicating Antonov as the money laundering mafia contract killing corrupt banker that he is being proven to be:

 

http://rospres.com/crime/2473/

 

Translated:

 

The Russian team of "Converse" grow the money stolen from the Australian Pensioners?

 

Economic cataclysms August first hit the Russian elderly. Believing advertising, they have entrusted their "coffin" savings to Russian banks, relying on a generous percentage. Today they face the new default. Inflation devalues ​​with each passing day the ruble, nothing to do with. The main danger comes from the bankers themselves. What exactly can happen to the savings of Russian veterans, can be understood as an example of a bank that is involved in the theft of money Australian pensioners, part of the financial group "Converse."

 

Universal campaign against corruption launched by President Dmitry Medvedev, alarmed not only thieving officials, but also unscrupulous bankers. It was expected that the central bank will make a strong attack on organizotorov complex circuits "money laundering". Scandal did not happen. Pairs, as they say, went to the whistle, chief financial controller of the country limited exemption pair of bank licenses, and all the major players in the market of "cashing in" remained intact. Escaped with slight shock even those banks that, as Russia's "Converse groups" were involved in the scandal of international proportions. So, today, during the economic crisis, the banking system and its customers from among the ordinary citizens were completely unprotected from the malice of financial "combinators".

 

Visit to Australia

 

The diagnosis of the Russian banking community to put all of Western experts, auditors to the national Court of Accounts. More precisely all turned banker Frenkel, now staying in the status of the accused. As a banker, wrote in one of his open letters to the newspaper "Kommersant", "... it would seem, everything is obvious - the country's Central Bank is on the forefront of the fight against money laundering, it identifies the banks that are engaged in this nefarious activity, and deprives them of the license . The informal market banking license is at least a million dollars, and it is easy to assume that the revocation of a license already in the first bank was to cool the hot heads of bankers and get them to engage in the real economy. But the same Central Bank cheerfully reports about the growing number of revoked licenses. It turns out that the more central bank takes the license, the more the bankers involved in the process of money laundering .... ".

 

In fact, as demonstrated by the case of the Frenkel cleaning bankers series leads to more pollution. Financial fraud largely unpunished - the author of a malicious notes about the ways bankers were arrested for organizing a murder. But our "grand strategist" has successfully caught abroad. And, as happened in the Lithuanian bank «Snoras», included with the Russian group of "Converse", successfully operating on the expanses of Russia.

 

The first scandal of the Australian newspaper reported «The Australian Financial Review». How do I find journalists in the spring of 2005 from the post office locality Warner Bay in the Australian state of New South Wales had been stolen checks old-age pensions. Initiated an official investigation soon showed that the old man's money is not stolen at one time: the criminals acted methodically, literally "vydaivaya" safe local postal service. Perhaps that is why the damage from the actions of financial criminals was so great: the victims seniors, 92 families of ex-miners, in terms of U.S. currency lost more than half a million dollars.

 

Missing money looking for a short time. Next securities of Australian pensioners showed up at the other end of the "Land of the kangaroo." According to Latvian newspaper "Telegraph" first "checks were deposited in a bank Commonwealth Bank of Australia». Then, using false information and presenting multiple identities of fictitious business assets, opened a new account through which they successfully cashed. "Washed" millions of speculators moved in that part of Eastern Europe, which was once part of the Soviet Union. Stolen from the former Australian miners money "were on the client's account of the Lithuanian bank« Snoras », - said all the same newspaper" Telegraph ". The question of how this could happen, went unanswered. And it was by no means the Bank Secrecy: rather, the Baltic financiers feared wrath of their Moscow masters of stern temper and promiscuity which in banking circles already legends.

 

The owners of the international "laundry"

 

The main task of any bank - to make a profit. Money, as we know, no smell, and therefore any amount deposited in the bank, will bring its owner a certain percentage. The names of those who earned retirement savings stolen by Australian miners can be found in any banking book. It is known that the Latvian Bank «Snoras» Luxembourg company owned by Conversgroup holding company. The company, which in turn is managed by Russian Converse Group, which includes Converse, Moscow. A financial institution that, until recently called non Akademhimbankom, owned by Vladimir and Alexander Antonov. Moreover, they are known not only for success in banking.

 

As reported at the time, "Nezavisimaya Gazeta", the brainchild of financial brethren - Bankers' ... not the first time turned out in the field of law enforcement agencies. There have been stories in the banking group "Converse" and the victims of contract killings. Eight years ago, in the elevator of his house was shot Akademhimbanka chairman Sergey Ponomarev. Then he became the first Akademhimbank number of semi-official list of banks suspected of money laundering. " Yes euscherb suffered by pensioners' Countries kangaroo "is relatively small: having lost savings, former miners stay healthy. But late Moldovan businessman Igor Weinberg, Gers, a major wine merchants from Chisinau to actively finance in the banking group "Converse", was less fortunate. As reported online edition of the «The Moscow Post», «Moscow colleagues suddenly lost interest in his partner Chisinau. As stated in his papers Moldovan police, the victim ... have hostile relations with the private owners of "Converse". " Properties circumstances of his murder at the beginning of last summer, stirred up all the Russian banking community. Response to the publication of incriminating was hacking at all the major networking publications, specializing in investigative journalism. However, criminals have nothing to hedge: the real customer attempts have not been established.

 

But in the pension scam bank «Snoras» the first accused is already there. True, it still is a typical "scapegoat": arrest concluded a 52-year-old Australian Trevor Leslie Fingo, who now faces 20 years in prison. When arrested, he had seized in stolen money bought luxury cars, among them, for example, Shelby Cobra Mustang 1967 release. The reason for the detention of machination was the information of the Latvian "Services for the Prevention of Laundering of Proceeds from Crime."

 

Stolen image

 

As a rule, the bankers avoid going in for questioning. Reputation, particularly in the financial world, has always been valued more precious than money. But in the case of "Converse groups" this rule does not work well. According to banking analysts, the purchase of a group of brothers Antonov MDM "Converse", and then renaming them belonging to the "Akademhimbanka" one aim: to save the image. True, as one bank analyst, to convert a group of "gray banchikov circuit" in a solid financial group did not work. The mask came off respectability at a time when the child tried to enter the Antonov Deposit Insurance System. First of all, in terms of CERs, the bankers were forced to admit the fact of ownership of a group of "Converse". And - to open all the nuances of the financial statements, indicating the presence of a fairly sophisticated methods of doing business.

 

The efforts of the brothers - the bankers were in vain: the banks of "Converse" were, in fact, the only major financial institutions who have been denied access to the NE. Henceforth, these financial institutions is not available big business, where the financier can bring talent honestly earned millions. Tarnished reputation leaves no choice: the bank, devoid of confidence in the state, sooner or later falls into the "gray schemes" criminal "cashing". And, as is shown by an Australian bank scam «Snoras», not only by them. Especially because in our country to steal old man's savings to safer, than to participate in the washing mafia "obshchak."

 

Ivan Solodovnikov

 

The bank is going down with no money in the bank, no money in the bank, no money in the bank...

 

PMSL, you corrupt c*nts! You DCFSBs really should pay more attention to your superiors along the M27...

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BigShadow

BigShadow

Posted
Posted

PMSL - how deluded?

 

Posted on POL

 

exgaffer Posted on 17/11/2011 11:06

Snoras confirm administration on website

Report Message | Email Message To A Friend | Reply To Message

 

Yes Miggss the criminal investigation bit is the most disturbing element of this. If Antonov's assets were seized with a view to clawing back fraudulent gains that could be a problem for us. Looking on the bright side though, I still think there would be a number of buyers interested in us. It would be great if we could eventually get to a stage where we talk about the football and not the owners wouldn't it? Still I suppose the conspiracy theorists are enjoying all this no end.

 

Yep - after all, the interested buyers were just lining up six months ago weren't they? :lol:

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angelman

angelman

Posted
Posted

Is this the same bank who had it's registered offices above a music shop in the arse end of London's suburbs? I imagine that Mr Antonov might well be in a little hot water. Authorities tend to take rather a dim view of banks who misbehave and misappropriate funds (I recall BCCI, admittedly that was on somewhat of a larger scale). I am not saying that that has happened of course, at least not until the investigation is done and dusted.

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saint si

saint si

Posted
Posted
Is this the same bank who had it's registered offices above a music shop in the arse end of London's suburbs? I imagine that Mr Antonov might well be in a little hot water. Authorities tend to take rather a dim view of banks who misbehave and misappropriate funds (I recall BCCI, admittedly that was on somewhat of a larger scale). I am not saying that that has happened of course, at least not until the investigation is done and dusted.

 

What kind of investigation would that be? A forensic one do ya think? ;-)

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angelman

angelman

Posted
Posted

What I can't understand is the FA's FAPPT. What on earth do you have to do to fail it?

 

Antonov was prevented by EU/Sweden from taking over SAAB. The FSA refused Antonov to set up in this country. Surely someone can see this and see that there is/was potentially a problem? As it is, it seems that Antonov's bank is down US$450m

 

I reckon with a little bit of embellishment, anyone could pass it (as has been demonstrated even by those that don't exist) http://www.thefa.com/TheFA/RulesandRegulations/FARegulations/NewsAndFeatures/2009/~/media/Files/PDF/TheFA/Rules_Regs/FAFitProperRegs1011.ashx/FAFitProperRegs1011.pdf

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dubai_phil

dubai_phil

Posted
Posted
What I can't understand is the FA's FAPPT. What on earth do you have to do to fail it?

 

Antonov was prevented by EU/Sweden from taking over SAAB. The FSA refused Antonov to set up in this country. Surely someone can see this and see that there is/was potentially a problem? As it is, it seems that Antonov's bank is down US$450m

 

I reckon with a little bit of embellishment, anyone could pass it (as has been demonstrated even by those that don't exist) http://www.thefa.com/TheFA/RulesandRegulations/FARegulations/NewsAndFeatures/2009/~/media/Files/PDF/TheFA/Rules_Regs/FAFitProperRegs1011.ashx/FAFitProperRegs1011.pdf

 

No no and THRICE no.

 

Haven't you worked it all out yet?

 

The Head of the FA's FAPP committee is a massive Saints fan and of course he will be a regular poster on here.

 

hell in fact he must have rejected at least 500 potential buyers of poopey so that we can keep this thread going and going and going

 

After all, anything else would be much too far fetched.

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St Chalet

St Chalet

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This has made my evening. The whole CSI thing sounds so much like that bent $20m cricket mad Ponzi fiend, yet it turns out the bank (the rock that the few clung to) that has crumbled. A little sports venture company will stand no chance when the authorities come down the chain looking for money.

 

Hope for Lampitt's sake he parted on good terms with Chanrai.

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