corsacar saint Posted 4 December, 2009 Share Posted 4 December, 2009 As I said when Markus bought the club, we now have one of the best owners in the entire league bar none. Who gives a dam, about that shower down the road anyway. Link to comment Share on other sites More sharing options...
Window Cleaner Posted 4 December, 2009 Share Posted 4 December, 2009 (edited) In fact there's a moral to this tale: If you buy a cowboy outfit to look good at the kids tea-party make sure you have enough pocket money for the caps that make the fake six-shooters go bang-bang. Edited 4 December, 2009 by Window Cleaner Link to comment Share on other sites More sharing options...
The boy done well Posted 4 December, 2009 Share Posted 4 December, 2009 Just said on the news that they've been paid in full now "by the owners". Who are they? Link to comment Share on other sites More sharing options...
S-Clarke Posted 4 December, 2009 Share Posted 4 December, 2009 If the banks and creditors call the debt in, it doesn't matter how much leeway the Premier League give the club. Administration will happen in that case. There is a rule at PL level, which i believe allows the premier league to take control of a club if it feels it cannot meet it's demands/payments. They will do anything to stop an event bringing their league into the spotlight. Link to comment Share on other sites More sharing options...
Window Cleaner Posted 4 December, 2009 Share Posted 4 December, 2009 Just said on the news that they've been paid in full now "by the owners". Who are they? Sheikhs, whatever Sheikh means Link to comment Share on other sites More sharing options...
Daren W Posted 4 December, 2009 Author Share Posted 4 December, 2009 I strongly suspect the Premier League will ultimately end up doing diddly squat for Pompey. They'll cease to be a member of the PL when they're relegated in May anyway, so they'll be able to completely wash their hands of the situation. If it were a club likely to remain in the PL, I would expect the PL to help them out because of the potential damage to the Premier League "brand" - as hideous as that sounds, that's what the big cheeses there are concerned about. And that is precisely the way I view it too.... club's copping a break purely and simply because of the league they compete in. Link to comment Share on other sites More sharing options...
macthesaint Posted 4 December, 2009 Share Posted 4 December, 2009 Why does that concern you? That £1m was from Watford chairman Jimmy Russo. Thanks for clearing that up,it was bad reporting on Talksport (as usual). Link to comment Share on other sites More sharing options...
COMEONYOUREDS Posted 4 December, 2009 Share Posted 4 December, 2009 Can people please stop using the abbreviation EPL? It's not called the English Premier League FFS! Link to comment Share on other sites More sharing options...
dune Posted 4 December, 2009 Share Posted 4 December, 2009 I for one don't want Portsmuff to go into administration YET. I'd much sooner see it happen after the cut off point this season OR next season so they lose 10 points in CCC. This would relegate them to L1 for sure, although i think they'll tumble through the CCC trapdoor next season regardless. Happy days. Link to comment Share on other sites More sharing options...
mack rill Posted 4 December, 2009 Share Posted 4 December, 2009 Admin! The straw clutching threads are in the Lounge, Not for the main Board HTH.:smt008 Link to comment Share on other sites More sharing options...
itchen Posted 4 December, 2009 Share Posted 4 December, 2009 It's a loan apparently. http://www.guardian.co.uk/football/2009/dec/04/portsmouth-avram-grant-wages What happened to all those strictures about responsible lending? This is surely more risky than the US sup- prime market. Having said that, I don't want to see Pompey go out of business. But I do want to see them playing at a level they can afford. Link to comment Share on other sites More sharing options...
redder freak Posted 4 December, 2009 Share Posted 4 December, 2009 Could we offer to buy Papa Bouba Diop? perhaps that would help their financial situation, like when we sold Andrew Surman. Two Papas. Link to comment Share on other sites More sharing options...
derry Posted 4 December, 2009 Share Posted 4 December, 2009 The transfer window is immediately after the next pay day, if they default on December's salary payment the players would technically be free agents because of the breach of contract and could choose to walk out apply for free agency status and join another club. I'm not even sure that transfer rules apply to free agents in this context. It may well be I suspect that Pompey players are pretty much overpaid so won't go anywhere, just like our high earners last summer. Link to comment Share on other sites More sharing options...
Nineteen Canteen Posted 4 December, 2009 Share Posted 4 December, 2009 To be honest I'm very sad at this latest news. It should be of great concern to all of us that this is happening to a Premier League club even Poopey. Remember our turn around this season is largely predicated on the good will of one individual. If Poopey are seen to fail as a Premier League club what hope the rest of us? I agree and we are forgetting the plight of Palace and Watford and the former also late because the chairman has 'cashflow' problems. Hardly surprsing if he has been funding the wages. I find it a tad pathetic we focus on the problems of Pompey when the Palace issue was in the news before the Pompey story -and yet not a murmur of concern. Football cannot carry on in its current guise and there is surely a danger the top clubs will break away and proetct their franchise a bit like the NFL in America. If that happens then it will be slim pickings for the rest of us without promotion to the top flight - not that it could ever be achieved. Link to comment Share on other sites More sharing options...
Nineteen Canteen Posted 4 December, 2009 Share Posted 4 December, 2009 As I said when Markus bought the club, we now have one of the best owners in the entire league bar none. Who gives a dam, about that shower down the road anyway. I do, because our football supporter's experience would be all the poorer without them and cut the Northam's songbook by 50%. Bottom line is Portsmouth and Southampton badly need each other to do well otherwise just as support dwindles away from the premiership taking away a fierce rivalry is hardly going to bolster numbers. Shower they may be but a shower we could ill afford to lose nonetheless. Link to comment Share on other sites More sharing options...
Verbal Posted 4 December, 2009 Share Posted 4 December, 2009 I do, because our football supporter's experience would be all the poorer without them and cut the Northam's songbook by 50%. Bottom line is Portsmouth and Southampton badly need each other to do well otherwise just as support dwindles away from the premiership taking away a fierce rivalry is hardly going to bolster numbers. Shower they may be but a shower we could ill afford to lose nonetheless. Whatever our feelings about them, they won't survive beyond January the way things are going. So what we want is pretty much beside the point. Link to comment Share on other sites More sharing options...
NickG Posted 4 December, 2009 Share Posted 4 December, 2009 I do, because our football supporter's experience would be all the poorer without them and cut the Northam's songbook by 50%. Bottom line is Portsmouth and Southampton badly need each other to do well otherwise just as support dwindles away from the premiership taking away a fierce rivalry is hardly going to bolster numbers. Shower they may be but a shower we could ill afford to lose nonetheless. prefer songs supporting our team than negative about a team not even playing. Wouldn't miss them at all. Link to comment Share on other sites More sharing options...
aintforever Posted 4 December, 2009 Share Posted 4 December, 2009 I do, because our football supporter's experience would be all the poorer without them and cut the Northam's songbook by 50%. Bottom line is Portsmouth and Southampton badly need each other to do well otherwise just as support dwindles away from the premiership taking away a fierce rivalry is hardly going to bolster numbers. Shower they may be but a shower we could ill afford to lose nonetheless. What a load of nonsense, Portsmouth will always have a football team regardless of any financial difficulties. If they did somehow mysteriously vanish, it wouldn't make much difference to us. Link to comment Share on other sites More sharing options...
CB Fry Posted 4 December, 2009 Share Posted 4 December, 2009 I do, because our football supporter's experience would be all the poorer without them and cut the Northam's songbook by 50%. Bottom line is Portsmouth and Southampton badly need each other to do well otherwise just as support dwindles away from the premiership taking away a fierce rivalry is hardly going to bolster numbers. Shower they may be but a shower we could ill afford to lose nonetheless. No-one turns up at SMS primarily because they don't like Portsmouth. For almost our entire time in the top flight Pompey were an irrelevence to us, and now, unfortunately, the opposite is the case. Both of us have had success and failure irrespective of the other. If they go out of existance (they won't) it won't make any difference to us. Link to comment Share on other sites More sharing options...
Johnny Bognor Posted 4 December, 2009 Share Posted 4 December, 2009 I find it a tad pathetic we focus on the problems of Pompey when the Palace issue was in the news before the Pompey story -and yet not a murmur of concern. Ahem http://www.saintsweb.co.uk/forum/showpost.php?p=518451&postcount=2 Link to comment Share on other sites More sharing options...
RedAndWhite91 Posted 4 December, 2009 Share Posted 4 December, 2009 So Portsmouth have secured a loan to pay the players. What I want to know is where is Al Faraj's money, and who is going to pay back this loan? I do also agree to an extent with Nineteen Canteen, the Saints/Pompey rivalry plays a part in supporting either team, and it is fun, it is banter. I like it. I like to see them suffer and do badly, but them disappearing completely would have a negative effect on us. Link to comment Share on other sites More sharing options...
Thedelldays Posted 4 December, 2009 Share Posted 4 December, 2009 why would pompey not being there anymore have an effect on us in anyway..? Link to comment Share on other sites More sharing options...
sadoldgit Posted 4 December, 2009 Share Posted 4 December, 2009 Why is this on the main board? Link to comment Share on other sites More sharing options...
RedAndWhite91 Posted 4 December, 2009 Share Posted 4 December, 2009 why would pompey not being there anymore have an effect on us in anyway..? Because of the rivalry... Link to comment Share on other sites More sharing options...
Thedelldays Posted 4 December, 2009 Share Posted 4 December, 2009 Because of the rivalry... erm...we hardly play them.. and they meant nothing to me really from when I went to my first game 1985 until they came up in 2003 Link to comment Share on other sites More sharing options...
RedAndWhite91 Posted 4 December, 2009 Share Posted 4 December, 2009 erm...we hardly play them.. and they meant nothing to me really from when I went to my first game 1985 until they came up in 2003 Doesn't matter if we don't play them, rivalry is healthy. Besides, West Ham and Millwall are fierce and they hardly play eachother, as was Blackburn and Burnley, but obviously they are in the same division this year. Link to comment Share on other sites More sharing options...
Jimmy_D Posted 4 December, 2009 Share Posted 4 December, 2009 If Pompey did go under, we'd be the biggest club in a very large region. We'd probably see gates gradually start to increase over time as the Pompey-Saints hatred faded with time and new young supporters coming through support the big team near them... assuming we start heading back towards the Prem of course. Link to comment Share on other sites More sharing options...
saint_stevo Posted 5 December, 2009 Share Posted 5 December, 2009 need to find a 7 figure sum to lift the embargo........and then the next installments will be due, plus the VAT and PAYE bills...could be a rough few months for the cants down the road, thank **** Link to comment Share on other sites More sharing options...
St_Tel49 Posted 5 December, 2009 Share Posted 5 December, 2009 If that happens it will be more than a salutory lesson it will herald some very difficult times for all clubs - things have to change but not through a Prem club going 'pop' - because of the likely repercussions of such an occurrence it would be a disaster for most of our clubs Quite frankly football needs a disaster to sort out the whole stinking mess. Clubs are grossly overspending to keep themselves where they think the money is - except it isn't because they are spending too much to be there. There is a desperate need to sort out football's finances but it won't happen until several premiership clubs go bust. Link to comment Share on other sites More sharing options...
Eastcowzer Posted 5 December, 2009 Share Posted 5 December, 2009 If, as looks possible, 'the Skates' go under, that will only place the focus on one, or more, of the other Premier League clubs who are living beyond their means. So they are not going to be in a position to help 'Skatesburg'. I understand that the players have now been paid, thru' another loan, - from whom is anybody's guess, - but it sure as hell is going to have to be re-paid somehow. Would you lend money to a bankrupt. ? Link to comment Share on other sites More sharing options...
Chin Strain Posted 5 December, 2009 Share Posted 5 December, 2009 Pay UP pompey, Pay UP You've gone and got that horribly wrong... Link to comment Share on other sites More sharing options...
Daren W Posted 5 December, 2009 Author Share Posted 5 December, 2009 Why is this on the main board? Why is there a thread about Lowe? Get over it. The fates of Saints and Pompey are intrinsically linked, the rivalry between us makes us different to all of these plastic cubs with plastic rivalries. For what it's worth I don't believe for a second that Pompey will go out of business.... But I do believe, that because of their Premiership status, they are being given slack we never got... Link to comment Share on other sites More sharing options...
CHAPEL END CHARLIE Posted 5 December, 2009 Share Posted 5 December, 2009 Would you lend money to a bankrupt. ? This guy reckons it's a great idea . What a cruel mistress Mother Nature is , you would have thought if she was going to turn your hair grey she'd have the common decency to do your eyebrows at the same time . Link to comment Share on other sites More sharing options...
bender Posted 5 December, 2009 Share Posted 5 December, 2009 I keep getting phone calls from that company!! Yeah i keep getting mailshots from that co saying my £500,000 loan is waiting for me Link to comment Share on other sites More sharing options...
bender Posted 5 December, 2009 Share Posted 5 December, 2009 Why do people keep saying theyre getting better treatment coz theyre in the prem. They wont be for long. Link to comment Share on other sites More sharing options...
Lazlo78 Posted 5 December, 2009 Share Posted 5 December, 2009 Why do people keep saying theyre getting better treatment coz theyre in the prem. They wont be for long. Well, you've sort of answered your own question there. If it is as you say, then they won't get better treatment for long. But for now they are actually a Premier League team. Link to comment Share on other sites More sharing options...
monsoon Posted 5 December, 2009 Share Posted 5 December, 2009 Why would the other 19 Premeirship teams want their money used to help Portsmouth? They'd be uproar amongst the 19 teams if the PL kept them afloat and gave them a chance of staying up. It doesn't tarnish the league if a club goes into admin. It shows the inept management of the club not the Premier League. How would it affect the league? I didn't realize it was the clubs that run the premier league, and market it as worldwide brand, or that the 60million or so that they get for being in the premier league is their own money. I stand corrected. Link to comment Share on other sites More sharing options...
Saint Fan CaM Posted 5 December, 2009 Share Posted 5 December, 2009 Was told by a good source last night that Poopey are all but in name in administration. The guy in the middle east who lent them money (I think to pay player salaries) now owns the rights to Farton Park. They are in so much sh*t financially if they do go under there's probably no way out. Blue Square league will look attractive to whatever remains of the club. Lovin' it. Link to comment Share on other sites More sharing options...
Verbal Posted 5 December, 2009 Share Posted 5 December, 2009 Was told by a good source last night that Poopey are all but in name in administration. The guy in the middle east who lent them money (I think to pay player salaries) now owns the rights to Farton Park. They are in so much sh*t financially if they do go under there's probably no way out. Blue Square league will look attractive to whatever remains of the club. Lovin' it. This is where my money is (metaphorically speaking!). Admin by end of Jan. Link to comment Share on other sites More sharing options...
SaintBobby Posted 5 December, 2009 Share Posted 5 December, 2009 A big advantage for a Premier club is that they can borrow more easily against future revenues. My guess is that they've borrowed against all their future Sky money for the season (which I assume is paid in installments). They have probably borrowed against all future guaranteed revenue streams (e.g. I'd be unsurprised if they have sp*nked their two years of guaranteed £8m parachute payments up the wall already). I think it would be good for football if Portsmuff blew up. Saints were reckless in the years leading to admin, but a large amount of the problem was a monumental infrastructure decision - the new stadium - which became increasingly unfit for purpose as we slid down the league. The skates seem just to have splashed all the money on transfers and salaries they can't afford - it's not as if they've spent more than 5 quid on Fratton Park. F uck em. I don't much care if they live or die - but have a slight preference for them dying. Link to comment Share on other sites More sharing options...
saint lard Posted 5 December, 2009 Share Posted 5 December, 2009 http://www.newsoftheworld.co.uk/sport/portsmouth/629852/AVRAM-GRANT-EMBARKS-ON-ROMAN-MISSION.html Link to comment Share on other sites More sharing options...
Saint J 77 Posted 5 December, 2009 Share Posted 5 December, 2009 why isn't that tax cheat Storrie in jail yet? Did he get away with it again? Link to comment Share on other sites More sharing options...
Prince Jazzbo Posted 6 December, 2009 Share Posted 6 December, 2009 I had to pop down to pompey today, and I went for Mcdonalds at the one by Fratton Park. I cracked up when I saw that there was a massive car boot sale in the in the big car park at the back of the Fratton End. I thought, are things that desperate down here, that they got to have a car booty to help pay the players! Link to comment Share on other sites More sharing options...
krissyboy31 Posted 6 December, 2009 Share Posted 6 December, 2009 I had to pop down to pompey today, and I went for Mcdonalds at the one by Fratton Park. I cracked up when I saw that there was a massive car boot sale in the in the big car park at the back of the Fratton End. I thought, are things that desperate down here, that they got to have a car booty to help pay the players! I heard it was more popular than match-day down there. Link to comment Share on other sites More sharing options...
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