dubai_phil Posted 21 January, 2012 Share Posted 21 January, 2012 In other news, linking irrelevantly to a different thread http://www.telegraph.co.uk/news/worldnews/middleeast/iran/9027424/Iran-cracks-down-on-Barbie.html Link to comment Share on other sites More sharing options...
trousers Posted 21 January, 2012 Share Posted 21 January, 2012 not quite sure why there is so much excitement today. Cala was never going to buy them, not a chance, so him pulling out or being ignored was inevitable IMO. The fact they turned down a bid for players during the week tells me the other interested parties are much more serious. So nothing has changed from what I can see. Spoilsport Link to comment Share on other sites More sharing options...
trousers Posted 21 January, 2012 Share Posted 21 January, 2012 http://www.portsmouth.co.uk/news/local/east-hampshire/mp_in_bid_to_find_cash_lost_by_fraud_victims_1_3443099 Edit: Oops, sorry...I saw the headline and assumed it was Pompey related. My apologies... ;-) Link to comment Share on other sites More sharing options...
solentstars Posted 21 January, 2012 Share Posted 21 January, 2012 according to one of the posters on pompey forum reckons they owe £1.2 million to the taxman on the front of todays pompey news. Link to comment Share on other sites More sharing options...
trousers Posted 21 January, 2012 Share Posted 21 January, 2012 according to one of the posters on pompey forum reckons they owe £1.2 million to the taxman on the front of todays pompey news. Do they mention a deadline for that payment? End of tax year (March) perhaps? Link to comment Share on other sites More sharing options...
sidthesquid Posted 21 January, 2012 Share Posted 21 January, 2012 according to one of the posters on pompey forum reckons they owe £1.2 million to the taxman on the front of todays pompey news. Now that would be funny Link to comment Share on other sites More sharing options...
Katalinic Posted 21 January, 2012 Share Posted 21 January, 2012 according to one of the posters on pompey forum reckons they owe £1.2 million to the taxman on the front of todays pompey news. oh please let that be true - owing Bob the builder £2500 is one thing but owing HMRC when you have already cheated them once and got away with it is another. There would be no leeway or negotiation this time around. Link to comment Share on other sites More sharing options...
toofarnorth Posted 21 January, 2012 Share Posted 21 January, 2012 according to one of the posters on pompey forum reckons they owe £1.2 million to the taxman on the front of todays pompey news. I suppose non-payment would put them in the poop this time then, would it? Link to comment Share on other sites More sharing options...
solentstars Posted 21 January, 2012 Share Posted 21 January, 2012 Do they mention a deadline for that payment? End of tax year (March) perhaps?no just waiting for the news online to update for full story Link to comment Share on other sites More sharing options...
Gingeletiss Posted 21 January, 2012 Share Posted 21 January, 2012 If true, surely the taxman will give them time to pay, or even let them pay 20p in the pound over 5 years............. Nahhhhhh! Link to comment Share on other sites More sharing options...
solentstars Posted 21 January, 2012 Share Posted 21 January, 2012 if its true plus with their first cva payment coming up any buyer if any will have to payout alot of money for a failed football club Link to comment Share on other sites More sharing options...
saintbletch Posted 21 January, 2012 Share Posted 21 January, 2012 And so their work was done. Bagpuss gave a big yawn and settled down to sleep And, of course, when Bagpuss goes to sleep, All his friends go to sleep too. The blue few were figments of our imagination. Sacha and Balram were just dolls. Administrator Andrew was a carved, wooden bellend in the shape of a wooden pecker. Even Bagpuss himself, once he was asleep, was just an old, saggy skate ****, Baggy, and a bit loose at the seams, But Milan loved him Very good! Link to comment Share on other sites More sharing options...
Gingeletiss Posted 21 January, 2012 Share Posted 21 January, 2012 Nothing in the Snooze online............oh well! Link to comment Share on other sites More sharing options...
manji Posted 21 January, 2012 Share Posted 21 January, 2012 Nothing in the Snooze online............oh well! Pompeyonline saying that headline on the front page of the real News. Link to comment Share on other sites More sharing options...
dubai_phil Posted 21 January, 2012 Share Posted 21 January, 2012 Pompeyonline saying that headline on the front page of the real News. NOOOOOOOOOOOOOOOOOO 966 PAGES and Disaster Strikes the poopey thread. The News FINALLY gets an exclusive BEFORE we did Link to comment Share on other sites More sharing options...
trousers Posted 21 January, 2012 Share Posted 21 January, 2012 @pn_neil_allen: Andrew Andronikou claims #Pompey currently owe HMRC £1.6m after two missed payments. More in today's News. Here we go again.... FFS....just someone put them out of their misery! How can the football league not dock points after TWO missed tax payments? FFS Link to comment Share on other sites More sharing options...
Torres Posted 21 January, 2012 Share Posted 21 January, 2012 (edited) Wind Up Pompey, Pompey Wind Up. Last time this happened HMRC pushed hard to have them wound up and forced them into Admin, motivated by a desire to serve a warning to football clubs. Now, with the challenge to the football creditors rule ongoing, will they be so keen? Edited 21 January, 2012 by Torres Link to comment Share on other sites More sharing options...
dubai_phil Posted 21 January, 2012 Share Posted 21 January, 2012 Wind Up Pompey, Pompey Wind Up. Last time this happened HMRC pushed hard to have them wound up and forced them into Admin, motivated by a desire to serve a warning to football clubs. Now, with the challenge to the football creditors rule ongoing, will they be so keen? Think this time there are pretty clear Statements in the Public Domain which indicate that HMRC do not have a cat in Hell's chance of getting the payments UNLESS they are sold. With the football creditors ruling they also know Admin will get them nothing and nothing from the previous CVA. However each week that passes that figure will rise. So it comes to a point where they will have to decide. If they close them down (some) of the players will move to other financially sound clubs and so they will get some of their taxes moving forwards. But to miss TWO payments - Oh dear, so they have NOT had enough cash to pay HMRC for two months and yet are still bringing in players.... Link to comment Share on other sites More sharing options...
los_saint Posted 21 January, 2012 Share Posted 21 January, 2012 Just heard some really shocking news about #Pompey's future from @pn_Rory_McKeown - it'll be in @portsmouthnews tomorrow in print and online What is this going to be?? Link to comment Share on other sites More sharing options...
pedg Posted 21 January, 2012 Share Posted 21 January, 2012 It appears that HMRC have been in a position to push pompey over the edge for a while. You wonder if their failure to do so has to do with the ongoing football creditors rule court case as HMRC would get more money from pompey if HMRC won that compared to now? Link to comment Share on other sites More sharing options...
los_saint Posted 21 January, 2012 Share Posted 21 January, 2012 Just seen Trousers last post. Will try to keep up!! Link to comment Share on other sites More sharing options...
trousers Posted 21 January, 2012 Share Posted 21 January, 2012 Just heard some really shocking news about #Pompey's future from @pn_Rory_McKeown - it'll be in @portsmouthnews tomorrow in print and online What is this going to be?? Beats me... Link to comment Share on other sites More sharing options...
trousers Posted 21 January, 2012 Share Posted 21 January, 2012 Just seen Trousers last post. Will try to keep up!! :-) Link to comment Share on other sites More sharing options...
sussexsaint Posted 21 January, 2012 Share Posted 21 January, 2012 Missed payments proves insolvency and that they have been lying, therefore a minimum 10 points, ,making them even more unbuyable Where did the million go that chinny lumped in? Link to comment Share on other sites More sharing options...
Channon's Sideburns Posted 21 January, 2012 Share Posted 21 January, 2012 Even more, it's conclusive proof that they're insolvent. Nice Get your way out of this one Handy Andy... Link to comment Share on other sites More sharing options...
Shrek Posted 21 January, 2012 Share Posted 21 January, 2012 Beats me... Me too, this is the skates we're talking about, hardly shocking is it? Link to comment Share on other sites More sharing options...
rallyboy Posted 21 January, 2012 Share Posted 21 January, 2012 insolvent. Next case. And intentionally so, turning down money, directing the loan from Chanrai not to pay tax but to players, once again the priorities are all wrong. They knew that if they missed wages the league would bang in the penalty, they hoped to hush up the missed tax. Tis nearly over. Link to comment Share on other sites More sharing options...
krissyboy31 Posted 21 January, 2012 Share Posted 21 January, 2012 not quite sure why there is so much excitement today. Cala was never going to buy them, not a chance, so him pulling out or being ignored was inevitable IMO. The fact they turned down a bid for players during the week tells me the other interested parties are much more serious. So nothing has changed from what I can see.Apart from x amount of smoke has dissapered from Android's screen. Link to comment Share on other sites More sharing options...
Glasgow_Saint Posted 21 January, 2012 Share Posted 21 January, 2012 Nothing on the news online? Link to comment Share on other sites More sharing options...
sussexsaint Posted 21 January, 2012 Share Posted 21 January, 2012 In other news we have been quoted as spending more than 3 times that on a striker Who the f*ck is laughing now? Does the FA cup seem worth it now ? Link to comment Share on other sites More sharing options...
krissyboy31 Posted 21 January, 2012 Share Posted 21 January, 2012 I'd imagine selling assets whilst takeover negotiations are drawing to a close is frowned on in business circles.Didn't stop us off loading Drew Surman. Link to comment Share on other sites More sharing options...
Brizzie Saints Posted 21 January, 2012 Share Posted 21 January, 2012 Can someone please go and get a f*ckin paper and give us an update! Link to comment Share on other sites More sharing options...
Wibble Posted 21 January, 2012 Share Posted 21 January, 2012 http://www.portsmouth.co.uk/sport/pompey/pompey-past/great-matches/andronikou_says_pompey_face_fight_with_the_taxman_over_1_6m_unpaid_bill_1_3443262 Link to comment Share on other sites More sharing options...
suewhistle Posted 21 January, 2012 Share Posted 21 January, 2012 This is rivetting and laughing is good for your health so I'm feeling fit as a fiddle now. BUT MODS, or Steve: I paid my subs last Wednesday and I think all my emails to SG go to his spam folder, so can you update my membership status PLEASE. I wouldn't want to miss contributing to the fun when I finally work out some insightful thoughts on the situation, or even just to congratulate some of the other posters for their information, insight or plain wicked humour... THANK YOU! Link to comment Share on other sites More sharing options...
Glasgow_Saint Posted 21 January, 2012 Share Posted 21 January, 2012 Can someone please go and get a f*ckin paper and give us an update! Yeah go get the f*ckin paper someone ffs Link to comment Share on other sites More sharing options...
pedg Posted 21 January, 2012 Share Posted 21 January, 2012 http://www.portsmouth.co.uk/sport/pompey/pompey-past/great-matches/andronikou_says_pompey_face_fight_with_the_taxman_over_1_6m_unpaid_bill_1_3443262 ‘Administration is not on the cards and it is the last thing we would consider. ‘I can say that the club has not got significant debts, it has significant cash flow issues.’ Two different interpretations of significant in one sentence there I think. As to admin not being on the cards..... Link to comment Share on other sites More sharing options...
dubai_phil Posted 21 January, 2012 Share Posted 21 January, 2012 An HMRC spokesman said it is unable to discuss individual cases due to taxpayer confidentially. They said: ‘Any business that regards paying tax as an optional extra after other expenses are met, or that uses tax collected from employees or customers as working capital, is potentially heading for trouble.’ lol Link to comment Share on other sites More sharing options...
saintbletch Posted 21 January, 2012 Share Posted 21 January, 2012 @pn_neil_allen: Andrew Andronikou claims #Pompey currently owe HMRC £1.6m after two missed payments. More in today's News. Here we go again.... FFS....just someone put them out of their misery! How can the football league not dock points after TWO missed tax payments? FFS I must admit that I used to be a devotee to this thread but only now dip in and out so my detailed knowledge of the goings on is not up-to-date. But... Why would it be in Andronikou's interest to come out with this news? And why now? Link to comment Share on other sites More sharing options...
gjphilsaint Posted 21 January, 2012 Share Posted 21 January, 2012 It appears that HMRC have been in a position to push pompey over the edge for a while. You wonder if their failure to do so has to do with the ongoing football creditors rule court case as HMRC would get more money from pompey if HMRC won that compared to now? I seriously doubt that anything will happen tp PFC that will mean liquidation. NO ONE will have the guts to pull the plug, simply because there are so many other football clubs close to be insolvent that it would bring down the whole english football system. For that reason they will continue to bail clubs out and give them more time.... our nations economic failings in one very short and smelly lesson!! Link to comment Share on other sites More sharing options...
Merovingian Posted 21 January, 2012 Share Posted 21 January, 2012 goodnight boys, nice knowing you all. See you in the cup maybe in 10/20 years time Link to comment Share on other sites More sharing options...
andysstuff Posted 21 January, 2012 Share Posted 21 January, 2012 When did these feckers actually last pay any tax? Link to comment Share on other sites More sharing options...
aintforever Posted 21 January, 2012 Share Posted 21 January, 2012 So they owe the tax man £1.6mil, probably cant afford their CVA without investment, yet ARE STILL SIGNING PLAYERS. WTF is going on? Link to comment Share on other sites More sharing options...
tony13579 Posted 21 January, 2012 Share Posted 21 January, 2012 The snooze wrote... He said: ‘The HMRC have preserved their position and we will see what happens on Monday or Tuesday.[\quote] it's official, HMRC say Pompey are in a pickle. Link to comment Share on other sites More sharing options...
Channon's Sideburns Posted 21 January, 2012 Share Posted 21 January, 2012 When did these feckers actually last pay any tax? November apparently. So if December and January have been missed, can't see HMRC giving them further leeway into a third month. Mero's right - this is the beginning of the end - 2010 was the end of the beginning. Football League HAVE to act on this - and the national press MUST cover it correctly. http://www.football-league.co.uk/page/ContactUsDetail Link to comment Share on other sites More sharing options...
Faz Posted 21 January, 2012 Share Posted 21 January, 2012 So now we know their tax bill is £800k per month. I suspect VAT is due shortly also, and then there's the wagesin 10 days time................ Link to comment Share on other sites More sharing options...
pedg Posted 21 January, 2012 Share Posted 21 January, 2012 So now we know their tax bill is £800k per month. I suspect VAT is due shortly also, and then there's the wagesin 10 days time................ Players and staff at the club are expected to be paid this month, according to Mr Andronikou Its easier to afford wages when you don't pay the tax apparently. Link to comment Share on other sites More sharing options...
Channon's Sideburns Posted 21 January, 2012 Share Posted 21 January, 2012 Twitter is a goldmine.... Bileys Mullet We were told pompey needed avg attendance of 14k to break even. So who calculated that figure if incorrect? Haha...now then son, if you'd read this thread a year ago...... Link to comment Share on other sites More sharing options...
andysstuff Posted 21 January, 2012 Share Posted 21 January, 2012 November apparently. So if December and January have been missed, can't see HMRC giving them further leeway into a third month. Mero's right - this is the beginning of the end - 2010 was the end of the beginning. Football League HAVE to act on this - and the national press MUST cover it correctly. http://www.football-league.co.uk/page/ContactUsDetail Yes, I should have read the article before posting. Makes you wonder what the taxman will make of turning down offers for players last week that would presumably have gone some way to covering this debt. Link to comment Share on other sites More sharing options...
Wurzel Posted 21 January, 2012 Share Posted 21 January, 2012 Mr Andronikou told The News the HMRC are looking at the situation ‘very carefully.........I can say that the club has not got significant debts, it has significant cash flow issues.’’. Poor cashflow management is the primary reason for a vast proportion of business failures. http://www.simplybusiness.co.uk/knowledge/articles/2010/02/2010-02-08-five-reasons-why-businesses-fail/ Link to comment Share on other sites More sharing options...
dubai_phil Posted 21 January, 2012 Share Posted 21 January, 2012 A slow motion train wreck is always fun to watch Link to comment Share on other sites More sharing options...
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