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Pompey or Saints - Is their current financial position worse than ours was?


lordswoodsaints

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If they are paying Utaka £80k a week as reported , and bearing in mind that a year or 2 ago their wage bill was reported as being the 4th highest in the premiership, I doubt that £1.6million will even cover a month's wages. £1.6 million for a month is approx £400k a week = only 5 Utakas. Or to put it another way, squad of 40(?), £1.6 million a month = average wage of 'only' £10k a week, and they are clearly paying way above that. And that ignores all other monthly costs such as Storrie's £2 million a year salary, interest on all those 'short term loans', etc.

 

Which of course is both how they 'bought' the FA cup and stayed in the premiership, and also why they are skint.

 

K.

 

I'm pretty sure I read they need to find 3 million each month to pay the players. ........... That's quite a lot...........

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The whole English Premier League is sick

 

The majority of players on the park are Foreign, a lot of Managers are Foreign, and a lot of Clubs are Foreign owned, mainly by people that use the Football Club to launder debts etc. ( just ask Liverpool and Man Utd )

 

As I've said before, the easiest job in Football is to manage the England Team, because there are not that many ENGLISH players to chose from in the Premier League, and the situation will only get worse

 

RIP ENGLISH Football IMHO

 

and your english owner is.......?

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It's not good value for you...

 

 

 

You may as well have not paid with a post ratio like that.

 

You can post up to 3 per day for free, yet you paid £5 for 0.39 posts per day! ;)

 

Oh yeah. With value skills like that I could work for Pompeys accounts department!

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It's not good value for you...

 

 

 

You may as well have not paid with a post ratio like that.

 

You can post up to 3 per day for free, yet you paid £5 for 0.39 posts per day! ;)

 

But today he'd have posted his 3 times already and if he gets slagged off (not that it happens on this forum very often:cool:) he'd have to wait until tomorrow to reply,which is fairly annoying if you have something to say that really can't wait..or so you think anyway.£5 really isn't that much anyway.

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But today he'd have posted his 3 times already and if he gets slagged off (not that it happens on this forum very often:cool:) he'd have to wait until tomorrow to reply,which is fairly annoying if you have something to say that really can't wait..or so you think anyway.£5 really isn't that much anyway.

 

Good point Window. How much abuse could I get in a 'me love you long time' type parlour for a fiver? I can get all the sadism I want on here from the comfort of me own home!

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Good point Window. How much abuse could I get in a 'me love you long time' type parlour for a fiver? I can get all the sadism I want on here from the comfort of me own home!

 

Sadism? I would have thought paying £5 to join a forum where you are certain to suffer a certain amount of (friendly) abuse could only be described as masochism.

Still as C P Snow's character Lewis Elliot used to say, forget you're tired, forget you don't want to, just be there.

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With the embargo lifted it would be a foolish club CEO allowing his club to sell players to Pompey without getting the full payment before the HMRC winding up order.The Udinese experience must have warned the wider world about their cashflow, or lack of.

 

EDIT: Embargo is partially lifted - they can only sign free transfers and loans which intimates that the EPL dont trust them !

Edited by Kingsland Red
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The official Pompey website isn't working. Rumour has it that they haven't paid the company that runs it so they have taken it down.

 

http://www.fansonline.net/portsmouth/article.php?id=1295

 

Official site = http://www.portsmouthfc.co.uk/

 

Also it is now three different parties on the winding order, so not just HMRC.

Edited by Matthew Le God
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The official Pompey website isn't working. Rumour has it that they haven't paid the company that runs it so they have taken it down.

 

http://www.fansonline.net/portsmouth/article.php?id=1295

 

Official site = http://www.portsmouthfc.co.uk/

 

Also it is now three different parties on the winding order, so not just HMRC.

 

Just confirmed on SSN. They haven't paid the company that runs it!

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Just confirmed on SSN. They haven't paid the company that runs it!

 

 

Can someone email / text SSN and ask them how the f*ck can they not have a transfer embargo anymore?

Disgrace to football.

 

Just hoping tomorrow will pass with no wages paid again and the exodus begins with players walking out.

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The company that leases them the electronic pitchside advertising has pulled the plug on it and shut it down. There was no pitchside advertising during the West Ham game.

 

That makes no sense tho. Surely the ad revenue must exceed the cost of the equipment?

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That makes no sense tho. Surely the ad revenue must exceed the cost of the equipment?

 

Probably does but I doubt they can simply hive off that income and make sure the leasing company get paid...

 

(not that I know much about it).

Edited by jam
I actually read buctootim's post correctly second time around.....
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