bridge too far Posted 30 December, 2009 Share Posted 30 December, 2009 I wonder how that works, as they always wanted to redevelop the site when they were talking about moving grounds. Dunno - 'twasn't me that suggested there might be restrictions. A few years ago I worked on a project in Oxford that involved moving services from an old, listed building to a brand new one. The listed building was in the centre of Oxford and would have been worth a bomb on the open market. However, it was covenanted and could only be used for health or education purposes. Hence it was bought, for a song, by the university. Similar restrictions could well apply - e.g. could only be used for sports purposes, community purposes............ These restrictions could have been waived maybe if better facilities were being provided elsewhere (not difficult ) but maybe they wouldn't be waived if there was no longer a 'community' football club in existence. I imagine the power lies in the hands of the local council. I think we had similar restrictions on SMS? Link to comment Share on other sites More sharing options...
OldNick Posted 30 December, 2009 Share Posted 30 December, 2009 there will be a wave of sympathy from the Sky commentators tonight. I doubt the will mention the reckless spending and wages.Just a few pictures of craggy faced old birds and kids crying to get the sympathy up. Link to comment Share on other sites More sharing options...
Badger Posted 30 December, 2009 Share Posted 30 December, 2009 Bet some of the poor skate f^ckers now deeply regret rejoicing at our position this summer. Link to comment Share on other sites More sharing options...
Badger Posted 30 December, 2009 Share Posted 30 December, 2009 there will be a wave of sympathy from the Sky commentators tonight. I doubt the will mention the reckless spending and wages.Just a few pictures of craggy faced old birds and kids crying to get the sympathy up. And West**** waving his bellend in the crowd. Link to comment Share on other sites More sharing options...
Channon's Sideburns Posted 30 December, 2009 Share Posted 30 December, 2009 Bet some of the poor skate f^ckers now deeply regret rejoicing at our position this summer. Listening to Solent tonight should be a chuckle..anyone fancy texting in? What goes around... Link to comment Share on other sites More sharing options...
RedAndWhite91 Posted 30 December, 2009 Share Posted 30 December, 2009 Listening to Solent tonight should be a chuckle..anyone fancy texting in? What goes around... What's the number? Link to comment Share on other sites More sharing options...
Channon's Sideburns Posted 30 December, 2009 Share Posted 30 December, 2009 what's the number? 07786 200961 - but only available during the sports show. Link to comment Share on other sites More sharing options...
RedAndWhite91 Posted 30 December, 2009 Share Posted 30 December, 2009 07786 200961 - but only available during the sports show. Lovely, cheers. Might have to have a listen if I remember... Muwahahha Link to comment Share on other sites More sharing options...
saint_bert Posted 30 December, 2009 Share Posted 30 December, 2009 Lovely, cheers. Might have to have a listen if I remember... Muwahahha So when they get a gloating, happy caller in we know its you. Link to comment Share on other sites More sharing options...
Window Cleaner Posted 30 December, 2009 Share Posted 30 December, 2009 what makes me laugh..just had a look and pompey (or someone there) have released a statement saying what HMRC have done is illegal.. ffs, this is not some agent or football club they are dealing with here... Oh, these lads have a certain way of doing things you know, they like to haggle a bit as if the were down at the local souk. They think they can always haggle over everything. In the end someone somewhere will pay up,but not until they've had a few days at their favourite pastime. As an old italian finance director of mine once told me, "To pay and to die there's always time". Link to comment Share on other sites More sharing options...
69 saint Posted 30 December, 2009 Share Posted 30 December, 2009 Its easy the best fans in the world™ just need to stump up £2,500 each x 20,000 = £50,000,000 Then the best fans in the world™ can have their club back. PAY UP POMPEY POMPEY PAY UP Link to comment Share on other sites More sharing options...
monsoon Posted 30 December, 2009 Share Posted 30 December, 2009 Listening to Solent tonight should be a chuckle..anyone fancy texting in? What goes around... Even better will be old dinenages sad soar face on meridian. Link to comment Share on other sites More sharing options...
david in sweden Posted 30 December, 2009 Share Posted 30 December, 2009 Pompey have been issued with a winding up order by HMCR with a view to placing the club in bankruptcy,to be heard in early February. They also owe £10mil in payments to other clubs,this is on top of the action being taken by sol Campbell for payments of around £1.5 mil owed to him in bonuses etc. Is this a more serious position to be in than we were before the takeover? Here's one for the legal eagles out there... IF they go into bankruptcy and (will / would have) likely be relegated too, They will cease to be a club and drop out of the league totally. What MIGHT the Premiership do to redress the balance of 20 clubs next year ? Maybe take up THREE clubs from the CCC...and / or ? ..etc, etc, Any thoughts/ideas ? on a more mercenary note ..are there any contracted players at Pompey who AP might like to look at ....?? Link to comment Share on other sites More sharing options...
ottery st mary Posted 30 December, 2009 Share Posted 30 December, 2009 Herman covers several positions at the back.....Not sure if he has any legs left. Link to comment Share on other sites More sharing options...
Channon's Sideburns Posted 30 December, 2009 Share Posted 30 December, 2009 Herman covers several positions at the back.....Not sure if he has any legs left. Where they're heading they could do with Herman Munster, Pee Wee Herman and the whole of Herman's Hermits...... Has Mike Williamson even played for them yet? He'd be good for us. Link to comment Share on other sites More sharing options...
Glasgow_Saint Posted 30 December, 2009 Share Posted 30 December, 2009 Bournemouth, West Ham, Southampton, and now Portsmouth have all been in financial difficulties, due (wholly or partly) to the presence of one person over the years. Link to comment Share on other sites More sharing options...
Dibden Purlieu Saint Posted 30 December, 2009 Share Posted 30 December, 2009 Here's one for the legal eagles out there... IF they go into bankruptcy and (will / would have) likely be relegated too, They will cease to be a club and drop out of the league totally. What MIGHT the Premiership do to redress the balance of 20 clubs next year ? Maybe take up THREE clubs from the CCC...and / or ? ..etc, etc, Any thoughts/ideas ? on a more mercenary note ..are there any contracted players at Pompey who AP might like to look at ....?? I heard they replace the team with the highest team within 30 miles of Fratton Park. Just what I was told anyway. Link to comment Share on other sites More sharing options...
lordswoodsaints Posted 30 December, 2009 Author Share Posted 30 December, 2009 Here's one for the legal eagles out there... IF they go into bankruptcy and (will / would have) likely be relegated too, They will cease to be a club and drop out of the league totally. What MIGHT the Premiership do to redress the balance of 20 clubs next year ? Maybe take up THREE clubs from the CCC...and / or ? ..etc, etc, Any thoughts/ideas ? on a more mercenary note ..are there any contracted players at Pompey who AP might like to look at ....?? interesting,their loss could be our gain,that would really rub salt in the wounds if each league had to promote an extra team and we were one of them. Perhaps ML could buy the ground and turn it into a forcourt for his cranes.:-) Link to comment Share on other sites More sharing options...
Glasgow_Saint Posted 30 December, 2009 Share Posted 30 December, 2009 Where they're heading they could do with Herman Munster, Pee Wee Herman and the whole of Herman's Hermits...... Has Mike Williamson even played for them yet? He'd be good for us. Doubt he'd come back here! Link to comment Share on other sites More sharing options...
oggiee Posted 30 December, 2009 Share Posted 30 December, 2009 Pompeys goin' down, and they got nothing in the bank, nothing in the bank, nothing in the bank... Love this, cant wait to hear it at the next game. Link to comment Share on other sites More sharing options...
Give it to Ron Posted 30 December, 2009 Share Posted 30 December, 2009 Bournemouth, West Ham, Southampton, and now Portsmouth have all been in financial difficulties, due (wholly or partly) to the presence of one person over the years. Is that the photocopier salesman LifeLongCherryBubblesSaintSkate ?? Have they all gone mad and installed far too many top of the range ones that they couldn't afford? Link to comment Share on other sites More sharing options...
ottery st mary Posted 30 December, 2009 Share Posted 30 December, 2009 Bournemouth, West Ham, Southampton, and now Portsmouth have all been in financial difficulties, due (wholly or partly) to the presence of one person over the years. Did Jermaine Defoe ever play for for the Saints......Aid and abet Uncle Arry..Jermaine you scally. Link to comment Share on other sites More sharing options...
Wopper Posted 30 December, 2009 Share Posted 30 December, 2009 They need a Leon Crouch to bail them out. Link to comment Share on other sites More sharing options...
Channon's Sideburns Posted 30 December, 2009 Share Posted 30 December, 2009 They need a Leon Crouch to bail them out. They need a 'Gizmo' Gremlin version of Leon...one of those which multiply when you put water on them... Bet the buckets are out in force down there tonight.... Link to comment Share on other sites More sharing options...
niceandfriendly Posted 30 December, 2009 Share Posted 30 December, 2009 They need a Leon Crouch to bail them out. They need a million Leon Crouch's! Link to comment Share on other sites More sharing options...
RinNY Posted 30 December, 2009 Share Posted 30 December, 2009 They are really in serious difficulties. People talk about a "firesale" of their "stars" to find funds to cover their debts, but I don't see who they're going to sell for any real money. They might get a few quid for James, Kaboul, Belhadj, perhaps even Boateng, but hardly the tens of millions they need. And other than those four, their best players are only there on loan. I mean, who is going to stump up big cash for the likes of Utaka, Kanu, Hreidarson & the rest? Let's be serious: these are the kind of players who, if they go, will go for small fees or on free transfers. They've already sold the crown jewels, and the money went straight to the banks, but left them still deep in debt. They really don't have assets to sell any more for the kind of money they need; so unless someone somewhere puts in 20 or 30 million (and anyone who does that is not buying a Premiership club any more with the money, let's face it), they very well may go, not just down, but under. Sad really: I wouldn't wish that on any club or its supporters. Just goes to show, even though the lesson of Leeds United has been out there for years, some still don't learn. Buy temporary success at a price well above your means at your peril! Link to comment Share on other sites More sharing options...
saint_bert Posted 30 December, 2009 Share Posted 30 December, 2009 look at the thick fans on sky sports news I quote "All the moneys abroad as far as I know,its difficult to get it here" Ever heard of a pc transfer you mong Link to comment Share on other sites More sharing options...
Channon's Sideburns Posted 30 December, 2009 Share Posted 30 December, 2009 They are really in serious difficulties. People talk about a "firesale" of their "stars" to find funds to cover their debts, but I don't see who they're going to sell for any real money. They might get a few quid for James, Kaboul, Belhadj, perhaps even Boateng, but hardly the tens of millions they need. And other than those four, their best players are only there on loan. I mean, who is going to stump up big cash for the likes of Utaka, Kanu, Hreidarson & the rest? Let's be serious: these are the kind of players who, if they go, will go for small fees or on free transfers. They've already sold the crown jewels, and the money went straight to the banks, but left them still deep in debt. They really don't have assets to sell any more for the kind of money they need; so unless someone somewhere puts in 20 or 30 million (and anyone who does that is not buying a Premiership club any more with the money, let's face it), they very well may go, not just down, but under. Sad really: I wouldn't wish that on any club or its supporters. Just goes to show, even though the lesson of Leeds United has been out there for years, some still don't learn. Buy temporary success at a price well above your means at your peril! Read online at the weekend that they are paying Utaka £80K PER WEEK. UTTER UTTER MADNESS. Whoever set up that deal, and approved it needs their head examined. Even if they survive this, the fall-out is going to bring some BIG casualties, as questions WILL be asked by the authorities. 'Hopefully' Link to comment Share on other sites More sharing options...
Gemmel Posted 30 December, 2009 Share Posted 30 December, 2009 There are huge differences between our situation and theirs. But ultimately it comes down to the assets. At 13 million which included the Stadium, Staplewood and the squad, there was enough to make us an attractive proposition. They don’t have those assets, with the exception of half a dozen players who have a reasonable sellable value (Although that will have gone down as clubs look to get bargain deals from clubs in trouble). Loans have been taken out against future TV revenue and the ground is reportedly owned by gaymark, who claims to still be owed 25 million, then throw Lens, Watford, Chelsea, Football agents, Sol Cambell, the Chinese businessman and HMRC into the mix and it just gets messier. If HMRC are successful with their petition, then the current Directors could well become liable for the debts, so will have to have to make a decision on “Administration” before February. I personally think they will sell a couple of players and pay off the tax man, so a lot of this is a non starter in short term, but long term they are deep deep in the weeds and whether they go down the admin route or not, they will be relegated and maybe more than once. Link to comment Share on other sites More sharing options...
corsacar saint Posted 30 December, 2009 Share Posted 30 December, 2009 Relegation to division 2 would be fine. I would not like to see them disappear totally. [ Two of the nicest guys I ever worked with were Portsmouth season ticket holders, and I definately would not wish it on them]. Link to comment Share on other sites More sharing options...
Chez Posted 30 December, 2009 Share Posted 30 December, 2009 Read online at the weekend that they are paying Utaka £80K PER WEEK. which goes a long way to explain exactly why, despite selling Diarra and Johnson for a combined £37m, not to mention Crouch, Defoe etc, they are still in the ****. Having said that, Gaydamak really did **** them though over didn't he. Link to comment Share on other sites More sharing options...
Chez Posted 30 December, 2009 Share Posted 30 December, 2009 Relegation to division 2 would be fine. I would not like to see them disappear totally. absolutely, who'd we have to hate? Besides I want revenge for the 4-1 drubbing before I die. Link to comment Share on other sites More sharing options...
Channon's Sideburns Posted 30 December, 2009 Share Posted 30 December, 2009 I bet ol' 'Arry's twitching tonight. Link to comment Share on other sites More sharing options...
SaintRichmond Posted 30 December, 2009 Share Posted 30 December, 2009 what makes me laugh..just had a look and pompey (or someone there) have released a statement saying what HMRC have done is illegal.. ffs, this is not some agent or football club they are dealing with here... Possibly the same person that (allegedly) advised Saints that they would NOT incur a 10 point penalty ??? Link to comment Share on other sites More sharing options...
Micky Posted 30 December, 2009 Share Posted 30 December, 2009 Bournemouth, West Ham, Southampton, and now Portsmouth have all been in financial difficulties, due (wholly or partly) to the presence of one person over the years. Only one club were stupid enough to convince the City Council that he deserved the Freedom of the City bestowed upon him though. Wonder if he ever uses the award to visit and see the 'fruits of his labour' down at FP these days? Link to comment Share on other sites More sharing options...
Chez Posted 30 December, 2009 Share Posted 30 December, 2009 what makes me laugh..just had a look and pompey (or someone there) have released a statement saying what HMRC have done is illegal.. ffs, this is not some agent or football club they are dealing with here... I wonder if that someone was this guy http://www.thejc.com/sport/sport-news/25328/convicted-fraudster-help-pompey Link to comment Share on other sites More sharing options...
docker-p Posted 30 December, 2009 Share Posted 30 December, 2009 They bought the club, p*ssed tens of millions up the wall financing a huge wage bill and some ludicrous transfer, then sold their shares for no more than they paid for them. It's called money laundering. Link to comment Share on other sites More sharing options...
CHAPEL END CHARLIE Posted 30 December, 2009 Share Posted 30 December, 2009 http://www.telegraph.co.uk/sport/football/leagues/premierleague/portsmouth/6911863/Portsmouth-face-bankruptcy-as-HMRC-issues-winding-up-petition.html Link to comment Share on other sites More sharing options...
alpine_saint Posted 30 December, 2009 Share Posted 30 December, 2009 Much worse, it's starting to look like there is no way out for them, unless they get bought out by a billionaire willing to instantly pump £50m+ into the club. Like we were ? Seriously, I reckon they are doomed. They dont even have a shiny asset like SMS from which to re-build the club. Link to comment Share on other sites More sharing options...
Thorpe-le-Saint Posted 30 December, 2009 Share Posted 30 December, 2009 Breaking news on SSN, Pompey deny now being asked to be wound up by HM Revenue and Customs... Link to comment Share on other sites More sharing options...
alpine_saint Posted 30 December, 2009 Share Posted 30 December, 2009 song for Saturday....wind up Pompey, Pompey wind up?! hehehehehe Link to comment Share on other sites More sharing options...
S-Clarke Posted 30 December, 2009 Share Posted 30 December, 2009 Breaking news on SSN, Pompey deny being asked to be wound up by HM Revenue and Customs... I wonder if it'll be a similar denial to this classic from a month back - PFC Statement - ''Al Faraj was not interviewed by the press, his comments are made up - it's all lies. We will consult our lawyers to sue the papers'' 2 days later, PFC Statement - ''It seems as if Ali Faraj did make those comments in the papers'' Link to comment Share on other sites More sharing options...
Thorpe-le-Saint Posted 30 December, 2009 Share Posted 30 December, 2009 look at the thick fans on sky sports news I quote "All the moneys abroad as far as I know,its difficult to get it here" Ever heard of a pc transfer you mong I've just seen those clips, bloody idiot. I don't want Pompey to go under as then who would be our rivals?! Just some suffering and relegation to league 2 would be nice. Link to comment Share on other sites More sharing options...
Rory Posted 30 December, 2009 Share Posted 30 December, 2009 A real shame if true. Link to comment Share on other sites More sharing options...
S-Clarke Posted 30 December, 2009 Share Posted 30 December, 2009 Like we were ? Seriously, I reckon they are doomed. They dont even have a shiny asset like SMS from which to re-build the club. We were bloody lucky tbf, but as you say we were a bargain in terms of having everything in place. Training ground, academy, stadium, infrastructure etc - our debts were also pretty modest compared to portsmouths... Link to comment Share on other sites More sharing options...
Toomer Posted 30 December, 2009 Share Posted 30 December, 2009 TBH I don't care what happens down the road I even get p1ssed off with anti Pompey songs, they are a non entity just another team in one of the sh1t hole places in this great country of ours. Link to comment Share on other sites More sharing options...
eelpie Posted 30 December, 2009 Share Posted 30 December, 2009 Like we were ? Seriously, I reckon they are doomed. They dont even have a shiny asset like SMS from which to re-build the club. It's so ironic that the shiny asset that made us an attractive purchase was built by the man who failed to keep us out of administration. Link to comment Share on other sites More sharing options...
St Landrew Posted 30 December, 2009 Share Posted 30 December, 2009 Tbh, I think they should put all their players on the transfer list; declare themselves bankrupt; take the 10 point hit; and restart in the Championship. And if they can do that, and still stay as a club in the Football League, then I think they can count themselves very lucky indeed. In comparison to Saints, it is much, much worse for Pimply. There are no proper assets to continue in professional football, apart from the playing and coaching staff. They have a ground which is worth much more as a supermarket, or housing development, and they can't fill it to its meagre capacity either, despite it being right in the centre of the city with excellent rail and road links. I think it could be a matter of time before they cease completely, whatever they do, save finding some benevolent ex-navy multi-billionnaire, with a love of all things Portsmouth FC. I suspect they'd start up again as AFC Portsmouth, and the sporting rivalry between the Southampton and Portsmouth would be well and truly over. Link to comment Share on other sites More sharing options...
St Landrew Posted 30 December, 2009 Share Posted 30 December, 2009 It's so ironic that the shiny asset that made us an attractive purchase was built by the man who failed to keep us out of administration. It's his one legacy. Link to comment Share on other sites More sharing options...
saint lard Posted 30 December, 2009 Share Posted 30 December, 2009 (edited) If they go under does that mean i will be safe to wear my Saints shirt in Gosport without fear of getting a hiding? Edited 30 December, 2009 by saint lard Link to comment Share on other sites More sharing options...
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