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Pompey Takeover Saga

Fitzhugh Fella

By Fitzhugh Fella,
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BigShadow

BigShadow

Posted
Posted

Some strange people involved in this underwater casino malarky........

 

http://news.bbc.co.uk/2/hi/business/4559531.stm

 

Card sharks

 

At the launch of the project, Mr Ho said the casino would be "surrounded by water and marine life".

 

The resort, to be built on Macau's Cotai strip, will also include three hotels with a total of 2,000 rooms.

 

Mr Ho????? Nah...it couldn't be. :D

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dubai_phil

dubai_phil

Posted
Posted
Ok so I am away from this thread for 24 hours and about 10 pages has grown. So what have I missed. I know this Cala is a dodgy guy but has the other one in the frame been named yet?

 

Trust us.

 

If WE had made it up it would not have been as silly as what ACTUALLY happened.

 

Anyways, a grumpy American/Scillian bloke who runs a very poor Cafe on the Groundfloor in Oklahoma, and who once owned Salerno FC in Italy for 11 weeks (paying and investing nothing) and who has a company that designs and builds underwater casinos (total built since 2000 - approximately zero) and who has $13,000 in the bank and who's company is listed as NOT being a going concern by NYSE authorities with a share price of $0.002 was interviewed by an undercover Saints fan and splashed all over the News, and a web chat then occured on the News Web Site that was hijacked by TSW members.

 

Oh and he allegedly discovered Lionel Messi

 

Think that's about it

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trousers

trousers

Posted
Posted

@pn_neil_allen: Appleton reveals Chris Wood was set to come to #Pompey - but delays cost them. Also players must now leave before anyone allowed to come in.

 

And there was me thinking they were about to make a push for the top 4 in the premier league after floating on the NASDAQ...

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ALWAYS_SFC

ALWAYS_SFC

Posted
Posted

http://www.portsmouth.co.uk/sport/pompey/pompey-past/great-matches/stock_market_plan_would_not_solve_pompey_s_problems_1_3415756

 

Love this bit

 

‘Pompey’s only big asset is its incredibly strong support, and that is not what investors want to hear.

 

‘The club has millions of pounds of debt and a stadium which it can’t redevelop because someone else owns the surrounding land.

 

‘The only reason I can think of to invest is because you love football and want to own a club: Portsmouth FC’s value at the moment is quite low.

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JonnyLove

JonnyLove

Posted
Posted
Trust us.

 

If WE had made it up it would not have been as silly as what ACTUALLY happened.

 

Anyways, a grumpy American/Scillian bloke who runs a very poor Cafe on the Groundfloor in Oklahoma, and who once owned Salerno FC in Italy for 11 weeks (paying and investing nothing) and who has a company that designs and builds underwater casinos (total built since 2000 - approximately zero) and who has $13,000 in the bank and who's company is listed as NOT being a going concern by NYSE authorities with a share price of $0.002 was interviewed by an undercover Saints fan and splashed all over the News, and a web chat then occured on the News Web Site that was hijacked by TSW members.

 

Oh and he allegedly discovered Lionel Messi

 

Think that's about it

 

Cheers I haven't missed anything, just saw lots of links about other stuff. Good glad it's still going well :)

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trousers

trousers

Posted
Posted
http://www.portsmouth.co.uk/sport/pompey/pompey-past/great-matches/stock_market_plan_would_not_solve_pompey_s_problems_1_3415756

 

Love this bit

 

‘Pompey’s only big asset is its incredibly strong support, and that is not what investors want to hear.

 

‘The club has millions of pounds of debt and a stadium which it can’t redevelop because someone else owns the surrounding land.

 

‘The only reason I can think of to invest is because you love football and want to own a club: Portsmouth FC’s value at the moment is quite low.

 

Is their sports editor on holiday or something?!

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rallyboy

rallyboy

Posted
Posted

The only reason I can see for the share issue idea would be as a clumsy way of trying to avoid the FaPPT.

Club floats, dirty money from all over the world floods in on the back of promises to clean it, gangsters lose their money in some crazy undersea resort.

Cala ends up floating face down.

The End.

 

 

Some seem to think this ridiculous guy is assisting the process by pushing the negotiations with a real consortium.

Yes, I recall how well the involvement of a 2nd group helped the Liebherr bid...............:?

 

Joke Cala is just delaying, confusing, and complicating any real deal - but he is very entertaining!

 

Meanwhile AA is currently dealing with serious legal issues between North One and the rally timing company, handling the fallout with the FIA, selling off all of those quality companies in the CSI stable and if he has time I guess he'll be looking at the pompey situation too, mainly the repayment of the £10.8M.

Him and his mate certainly haven't got time to spend all day sorting out pompey, and if AA is as sharp as we think, he won't let his colleagues near the books he conjured up last time and will have to handle that side of the CSI job personally.

There might not be enough hours in the day to charge for all of that.

 

And let's take it easy on Rory, he could do without too much flak at the other end of the M27, the best undercover agents don't advertise. :)

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Torres

Torres

Posted
Posted
Mr Cala said: ‘Right now I am a retired man who wants to get into football.

 

‘My expertise in is public company stocks.

 

‘If I want to build a stadium it will be a walk in the park to raise more money to build one.

 

‘I am very good in the investment world.

 

A walk in the park, PMSL. :lol:

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mirrorcarp

mirrorcarp

Posted
Posted

Love this thread,but can someone explain to me in simple terms. WHY NO POINTS DEDUCTION,it seems to me a bit of a joke that they seem to be getting away with it.That old git who was in charge of the football league when we were in admin would of thrown the book at em.

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badgerx16

badgerx16

Posted
Posted

Could one of the financial whizzkids on here please explain how this bit, from the snooze on Wednesday, is possible :

 

"Mr Andronikou said he hoped money from the potential sale of NOS would be pumped into Pompey’s running costs."

 

1) Is NOS actually worth anything without the WRC rights ?

 

2) If CSI are in administration, surely monies raised from the disposal of assets goes to creditors ?

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trousers

trousers

Posted
Posted
The only reason I can see for the share issue idea would be as a clumsy way of trying to avoid the FaPPT.

Club floats, dirty money from all over the world floods in on the back of promises to clean it, gangsters lose their money in some crazy undersea resort.

Cala ends up floating face down.

The End.

 

 

Some seem to think this ridiculous guy is assisting the process by pushing the negotiations with a real consortium.

Yes, I recall how well the involvement of a 2nd group helped the Liebherr bid...............:?

 

 

The administrator's job is to get as much money for the creditors out of any deal as he can, not to make it cheap or easy for the 'best' buyer.

 

Granted, it's a risky and/or foolish tactic to annoy the best (only?) interested party but I guess that's the fine-line business that these guys operate in.

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sussexsaint

sussexsaint

Posted
Posted
@pn_neil_allen: Appleton reveals Chris Wood was set to come to #Pompey - but delays cost them. Also players must now leave before anyone allowed to come in.

 

And there was me thinking they were about to make a push for the top 4 in the premier league after floating on the NASDAQ...

 

So is that a confirmation that there is infact a 'transfer embargo lite' in place - strange use of the word allowed otherwise.

 

I really can't believe how this is all panning out , I really was laughing out loud, reading the links last night. Some of the statements this chap is coming out with really do sound like the psychotic ramblings of a schizophrenic with delusions of grandeur. The Joca really is a space cowboy.

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trousers

trousers

Posted
Posted
Could one of the financial whizzkids on here please explain how this bit, from the snooze on Wednesday, is possible :

 

"Mr Andronikou said he hoped money from the potential sale of NOS would be pumped into Pompey’s running costs."

 

1) Is NOS actually worth anything without the WRC rights ?

 

2) If CSI are in administration, surely monies raised from the disposal of assets goes to creditors ?

 

1) no

2) CSI owe NOS's previous parent company £3m

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Guided Missile

Guided Missile

Posted
Posted

The Times - Friday, 13th January, 2012

A former owner has put almost £1 million into Portsmouth to ensure that the players’ wages are paid this month. It means Balram Chainrai’s company will have loaned about £19 million to the npower Championship club.

 

The Hong Kong-based businessman sold Portsmouth to Convers Sports Initiatives (CSI) in June, but the company went into administration in November and Vladimir Antonov was forced to step down as the club chairman, shortly before he was arrested in connection with asset-stripping at Snoras Bank in Lithuania. He denies any wrongdoing.

 

The administrator of CSI has been in talks to sell Portsmouth over the past week but if a deal is not concluded soon, it is likely to try to find other potential buyers. A new owner is more likely to roll over, rather than totally pay off, the debts. The club have some cashflow issues and are estimated to need about £2 million to meet their costs for the rest of the season, but have few players who would command sizeable fees this month. In addition, Portsmouth have been unable to remove Tal Ben-Haim, the defender who earns about £40,000 a week, from the wage bill, contributing to the club’s loss of about £5 million a season.

 

Portsmouth are facing the possibility of a deduction of points if it is shown that some club debt has been transferred to CSI. The Football League has asked an accountancy company with experience of football to consider the situation, but does not know when a decision will be reached.

 

The club appeared to have been coming to terms with their finances after experiencing problems for several years. The Premier League’s parachute payments have helped to clear football debts of £12 million and, under the terms of their exit from administration, about £16 million should be paid to unsecured creditors.

 

Chainrai was owed £18 million, secured on Fratton Park. He called in Walker Morris, a law firm in Leeds, to begin the administration process of CSI after he failed to receive interest payments scheduled as part of Antonov’s takeover. He acted because Snoras had guaranteed this debt.

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fromdayone

fromdayone

Posted
Posted
The Times - Friday, 13th January, 2012

A former owner has put almost £1 million into Portsmouth to ensure that the players’ wages are paid this month. It means Balram Chainrai’s company will have loaned about £19 million to the npower Championship club.

 

The Hong Kong-based businessman sold Portsmouth to Convers Sports Initiatives (CSI) in June, but the company went into administration in November and Vladimir Antonov was forced to step down as the club chairman, shortly before he was arrested in connection with asset-stripping at Snoras Bank in Lithuania. He denies any wrongdoing.

 

The administrator of CSI has been in talks to sell Portsmouth over the past week but if a deal is not concluded soon, it is likely to try to find other potential buyers. A new owner is more likely to roll over, rather than totally pay off, the debts. The club have some cashflow issues and are estimated to need about £2 million to meet their costs for the rest of the season, but have few players who would command sizeable fees this month. In addition, Portsmouth have been unable to remove Tal Ben-Haim, the defender who earns about £40,000 a week, from the wage bill, contributing to the club’s loss of about £5 million a season.

 

Portsmouth are facing the possibility of a deduction of points if it is shown that some club debt has been transferred to CSI. The Football League has asked an accountancy company with experience of football to consider the situation, but does not know when a decision will be reached.

 

The club appeared to have been coming to terms with their finances after experiencing problems for several years. The Premier League’s parachute payments have helped to clear football debts of £12 million and, under the terms of their exit from administration, about £16 million should be paid to unsecured creditors.

 

Chainrai was owed £18 million, secured on Fratton Park. He called in Walker Morris, a law firm in Leeds, to begin the administration process of CSI after he failed to receive interest payments scheduled as part of Antonov’s takeover. He acted because Snoras had guaranteed this debt.

 

Self sustaining, solvent, my arse!

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trousers

trousers

Posted
Posted
The Times - Friday, 13th January, 2012

Portsmouth are facing the possibility of a deduction of points if it is shown that some club debt has been transferred to CSI. The Football League has asked an accountancy company with experience of football to consider the situation, but does not know when a decision will be reached.

 

Chainrai was owed £18 million, secured on Fratton Park. He called in Walker Morris, a law firm in Leeds, to begin the administration process of CSI after he failed to receive interest payments scheduled as part of Antonov’s takeover. He acted because Snoras had guaranteed this debt.

 

Can someone explain to me how the second paragraph DOESN'T link CSI and PFC as "a single commercial entity" to all intents and purposes?

 

Where's Mr Ho when we need him to explain the nuances?

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trousers

trousers

Posted
Posted

major raver

 

Friday, January 13, 2012 at 08:52 AM

 

Morning all. Big day today, I was told this morning that 2 buyers passed the fit and proper stage yesterday, and the favoured option are in with the administrators today, all comes down to them and Handy Andy. If agreed, we will know over the weekend or start of next week. As for Cala, he hasn't even applied for the FA Fit and Proper, Rory I'm going to tell you a Peter Storrie, really has got no idea what is going on. I suppose he can make up another webchat today, answering his own questions.

...
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Danbert

Danbert

Posted
Posted

From Pompey Mad

 

The latest name to be linked with a takeover of Portsmouth Football Club is that of Joseph Cala, an entrepreneur based in Italy and the USA. The News reported today that Cala was rumoured to be the frontman for a consortium based in Abu Dhabi, but News journo Neil Allen has been in contact with him since and it seems that Joseph intends to be the sole owner as he has no backing from foreign investors. But who is Joseph Cala? Reliable information about the man is scarce, but he seems to be a slightly deluded daydreamer who has ambitions of creating an undersea resort complete with the biggest casino and spa in the world. He has past history of owning a football club. All 11 days of it. Apparently, his time at Salerno Calcio (now playing in Serie D) was cut extremely short due to a "non-compliance" arrangement, with Cala failing to pay the bills despite promising a so-called "40 million euro investment" and an ambition for Salerno to become a Serie A club once again. Doing a quick google search of his name also brought up this interesting page relating to a conviction for attempting to defraud for one Joseph Cala back in 1972.

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Guided Missile

Guided Missile

Posted
Posted (edited)

A little light relief....

 

250px-James_Wolfe.jpeg

 

Major General James P. Wolfe (2 January 1727 – 13 September 1759) was a British Army officer, known for his training reforms but remembered chiefly for his victory over the French in Canada. The son of a distinguished general, Lieutenant-General Edward Wolfe, he had received his first commission at a young age and saw extensive service in Europe where he fought during the War of the Austrian Succession. His service in Flanders and in Scotland, where he took part in the suppression of the Jacobite Rebellion, brought him to the attention of his superiors. The advancement of his career was halted by the Peace Treaty of 1748 and he spent much of the next eight years in garrison duty in the Scottish Highlands.

 

The outbreak of the Seven Years' War in 1756 offered Wolfe fresh opportunities for advancement. His part in the aborted attack on Rochefort in 1757 led William Pitt to appoint him second-in-command of an expedition to capture Louisbourg. Following the success of this operation he was made commander of a force designated to sail up the Saint Lawrence River to capture Quebec. After a lengthy siege Wolfe defeated a French force under Montcalm allowing British forces to capture the city. Wolfe was killed at the height of the battle due to injuries from three musket balls. What was even more unfortunate was that the last experience this brave soldier had of England, before he sailed for Canada, was a short period, living in Portsmouth, just before left these shores. Here is one of his last letters home:

 

To HIS MOTHER.

Portsmouth , February 11th, 1758.

DEAR MADAM, When any matter of importance to a country is resolved on, the sooner it is carried into execution the better. Delays are not only productive of bad consequences, but are very tiresome and very inconvenient, as every unhappy person, whose lot it is to be confined for any length of time to this place, can certify. The want of company and of amusement can be supplied with book and exercise, but the necessity of living in the midst of the diabolical citizens of Portsmouth is a real and unavoidable calamity. It is a doubt to me if there is such another collection of demons upon the whole earth. Vice, however, wears so ugly a garb, that it disgusts rather than tempts. The weather begins to be more moderate than it has been for some days past, and I fancy we shall go on board this afternoon, to be ready to get under sail with the first favourable turn of the wind. I should be glad if we were at sea, though I have no very agreeable prospect before me ; however, I hope to overcome it, and if not, have a mind strong enough to endure that, and still severer trials, if there are any more severe. I heartily wish you all the benefit that you yourself can hope for from the Bath. The General will be kind enough to put up with some inconvenience for your sake.

I beg my duty to him, and am, dear Madam,

Your obedient and affectionate Son,

JAM. WOLFE.

PS. You shall hear from me by all the opportunities that offer.

Edited by Guided Missile
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holepuncture

holepuncture

Posted
Posted

 

:toppa:

 

Welcome to Friday the 13th - what horrors await our fishy friends today? :scared:

 

Another magical day in the peoples republic of portsea... another day of lies, fantasy and delusion from top to bottom at nottarf! Perhaps the FL meeting review?

 

Anyways, a grumpy American/Scillian bloke who runs a very poor Cafe on the Groundfloor in Oklahoma, and who once owned Salerno FC in Italy for 11 weeks (paying and investing nothing) and who has a company that designs and builds underwater casinos (total built since 2000 - approximately zero) and who has $13,000 in the bank and who's company is listed as NOT being a going concern by NYSE authorities with a share price of $0.002 was interviewed by an undercover Saints fan and splashed all over the News, and a web chat then occured on the News Web Site that was hijacked by TSW members.

 

Think that's about it

 

Good summary DP, PMSL

 

Unless as Trousers says, this is a AA constructed hoax to con some con-artists out of some additional illegal cash to buy poopey

 

A walk in the park, PMSL. :lol:

 

Its all starting to come together now:

 

Underwater casino

Marine life - and how they love like we humans do...PMSL

walk in the (fratton) park Cala says RE: financing a new stadium (after so many have failed for 20 odd years)

passionate support with fire in their hearts

(habourdrome) floating on the stock exchange...

remodelling Fratton Park with hotels and car parking - absolutely priceless... ie bulldoze the f*cking lot! (shame SG owns the car parks)

 

3890463747.jpg

 

 

The Times - Friday, 13th January, 2012

A former owner has put almost £1 million into Portsmouth to ensure that the players’ wages are paid this month. It means Balram Chainrai’s company will have loaned about £19 million to the npower Championship club.

 

The Hong Kong-based businessman sold Portsmouth to Convers Sports Initiatives (CSI) in June, but the company went into administration in November and Vladimir Antonov was forced to step down as the club chairman, shortly before he was arrested in connection with asset-stripping at Snoras Bank in Lithuania. He denies any wrongdoing.

 

The administrator of CSI has been in talks to sell Portsmouth over the past week but if a deal is not concluded soon, it is likely to try to find other potential buyers. A new owner is more likely to roll over, rather than totally pay off, the debts. The club have some cashflow issues and are estimated to need about £2 million to meet their costs for the rest of the season, but have few players who would command sizeable fees this month. In addition, Portsmouth have been unable to remove Tal Ben-Haim, the defender who earns about £40,000 a week, from the wage bill, contributing to the club’s loss of about £5 million a season.

 

Portsmouth are facing the possibility of a deduction of points if it is shown that some club debt has been transferred to CSI. The Football League has asked an accountancy company with experience of football to consider the situation, but does not know when a decision will be reached.

 

The club appeared to have been coming to terms with their finances after experiencing problems for several years. The Premier League’s parachute payments have helped to clear football debts of £12 million and, under the terms of their exit from administration, about £16 million should be paid to unsecured creditors.

 

Chainrai was owed £18 million, secured on Fratton Park. He called in Walker Morris, a law firm in Leeds, to begin the administration process of CSI after he failed to receive interest payments scheduled as part of Antonov’s takeover. He acted because Snoras had guaranteed this debt.

 

I hope the Football League are aware of this... CSI major creditor is loaning its subsidary company £1m just to see them through the month... how they are not dependant on external cash is bonkers... come on FL, sort this out!

 

So, the big question seems to be.. has any club debt been transferred to CSI? (this would presumably mean the club would have gained an unfair advantage by CSI going into admin)?

 

Has Baloos £19m been transferred to CSI? If he has a charge over CSI and his debt has a charge over Fratton Park, he retains his security over the skates but still manages to shift the debt onto a different set of books... who knows, but Lampitt sounds absolutely depressed these days!

 

I'm going to be so disappointed if JoCa doesn't get to buy them :cry:

 

1591525142.jpg

 

Apparently this is Cala i the brown jacket... good evidence for Rory, and a glimpse of hope for our magnificent thread...

 

One problem though; Single entity coffee shop magnate will not be able to revolutionise coffee at Fratton Park as CSI never finished the major re-developments at Fratton - they have hot water but there fat running in the water!

 

Come to think about it, there is a small sandwich/coffee shop across the road owned by an Italian... il ask him if he has ever owned any football clubs or billion pound cruise ships!

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dronskisaint

dronskisaint

Posted
Posted
It's been a busy week all round girls but now we've got Joe "Fantasy Island" Cala out of our systems what have you investigative genius' got to tell me about what's happening next at PFC?

 

Ask again when we've stopped laughing?

 

F*ck the future (probably non-existent for you anyway) the present is so much fun:lol:

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stevegrant

stevegrant

Posted
Posted

As some of you may have noticed, I have had to delete a number of posts on this thread, for pretty bloody obvious reasons. While I'm sure it seemed like a good idea at the time, I'll let you all consider the ramifications for that person given the role he currently has - I don't think it's particularly fair on him, given he's simply trying to do a job.

 

I'll say no more on the subject :)

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dubai_phil

dubai_phil

Posted
Posted
As some of you may have noticed, I have had to delete a number of posts on this thread, for pretty bloody obvious reasons. While I'm sure it seemed like a good idea at the time, I'll let you all consider the ramifications for that person given the role he currently has - I don't think it's particularly fair on him, given he's simply trying to do a job.

 

I'll say no more on the subject :)

 

Wise

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Torres

Torres

Posted
Posted

And as for what's going to happen and next week, never in our most LCD-driven hallucinations could we have dreamt up what's happened over the last couple of years so I doubt we can predict what comedy capers we'll be treated to next...

 

I, for one, cannot wait though :lol:

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trousers

trousers

Posted
Posted (edited)
It's been a busy week all round girls but now we've got Joe "Fantasy Island" Cala out of our systems what have you investigative genius' got to tell me about what's happening next at PFC?

 

Your answer m'lud....

 

neil_allen_150_normal.jpg

pn_neil_allen Neil Allen

Appleton's #Pompey transfer woe. bit.ly/wqHbve

 

Published on Friday 13 January 2012 11:00 Michael Appleton has admitted Pompey’s transfer stranglehold has cost them the signing of Chris Wood.

 

And the Blues boss revealed the Football League have instructed no new arrivals will be permitted until players leave Fratton Park.

 

Pompey are operating on a one-in, one-out basis during the current transfer window.

 

That has been levied by the Football League, who continue to closely scrutinise the club’s financial dealings as the Blues search for a new owner.

 

It is a scenario which has seen Appleton blocked from bringing any new recruits to Fratton Park during the first 13 days of the window.

As a result, Pompey’s manager insists he has missed out on a string on loan players.

That includes striker Wood, who yesterday made the switch to Bristol City for the rest of the season from Appleton’s former club West Brom.

 

The New Zealand international, who scored 10 goals on loan with Birmingham this season, had previously held encouraging talks with Pompey.

 

And Appleton spoke of his frustration as he waits to enter the transfer window.

 

He said: ‘Me not bringing any players in at the minute has got nothing to do with the football club. (*chortle*)

 

‘We are controlled by the Football League and they are very cautious about the business we do because of the position we are in.

 

‘I can sort of understand it from their point of view because if we are looking to do business and improve and better ourselves, all the other teams in the Championship will be asking questions of how.

 

‘On the other hand, we would still like to be competitive and I am not quite sure we are able to be that.

‘There are players who have gone to other clubs I wouldn’t have minded myself.

‘One of them was Chris (Wood). I spoke to the football club, his agent and Chris but wasn’t in a position to do it and now must move on very quickly.

 

‘I had him as a 14/15 year old at West Brom and worked in the youth ranks and reserve team with him. I know him very well and know his qualities.

‘I am sure he would have been more than happy to come down here and work with me.

‘He has gone to Bristol City, which is a shame because they are one of our competitors at the minute.

 

‘He will probably go there and do well – but I hope he doesn’t!

‘Derek (McInnes) has made a shrewd signing. I hope it’s one that doesn’t come back to bite us on the bum.

‘It’s a signing I would have loved an opportunity to take but I’m not in a position to do it.

 

‘That’s life. I have missed out on a few so far.

‘I can’t bring in any players and until I am told differently, there will be no business going on here.’

 

The Football League have refused to discuss whether a transfer embargo has been applied to Pompey, although the club deny one is in place.

 

Nonetheless, Appleton believes his only way around the problem will be to let one of his squad leave first.

He added: ‘The impression I get is if one goes out, one can come in. So if we did get rid of a player or someone came in with an offer we couldn’t refuse then we would be able to do something.

 

'I would also imagine that if we loaned a player out then surely we would be able to replace them with someone.

‘It would be ridiculous if we couldn’t. It makes no sense. We’ve got the smallest squad in the Football League anyway.

‘It’s disappointing, is a bit frustrating and makes life harder but I have faced big challenges in the past – although this is the biggest one.’

 

Ah, ye olde "nothing to do with us" plea....

Edited by trousers
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Danish Saint

Danish Saint

Posted
Posted
And as for what's going to happen and next week, never in our most LCD-driven hallucinations could we have dreamt up what's happened over the last couple of years so I doubt we can predict what comedy capers we'll be treated to next...

 

I, for one, cannot wait though :lol:

 

We havn't had any rich Africans or South American "business-men" involved in this saga yet. Only a South African bank, that wanted out.... rightly so.

So I'm guessing a Columbian "coffee-merchant" or a Nigerian "millionaire" with some blood money, that needs a landry.

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dubai_phil

dubai_phil

Posted
Posted
And as for what's going to happen and next week, never in our most LCD-driven hallucinations could we have dreamt up what's happened over the last couple of years so I doubt we can predict what comedy capers we'll be treated to next...

 

I, for one, cannot wait though :lol:

 

It's obvious, they'll get a sensible bloke with a few quid, who knows what he is doing and will run the club carefully within it's means after ensuring the debts are cleared.

 

 

 

 

 

 

No, surely not. That is WAY too far fetched, even for this thread

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