Will P*mpey last till the derby?

[ALWAYS_SFC]

They are really in the deep and smelly - their website is no longer working either (just try it!)

 

http://www.portsmouthfc.co.uk/

 

GO ON, TRY IT!!!

 

Working perfectly now......:confused:

[oxfordshire_saint]

Working perfectly now......:confused:

 

There's an ad on there for a P*mpey credit card, are they in a position to offer finance to others?

[Matthew Le God]

what's happening tomorrow?

 

Storrie sounds close to quitting according to BBC Radio Solent.

[markr27]

SSN reporting that Brum are in for Dindane and Lens have accepted the bid...

[Crispypie]

There's an ad on there for a P*mpey credit card, are they in a position to offer finance to others?

 

Apparently it comes loaded with £500 debt!

[Saint dyer]

just listened to peter storrie on the quay radio. he said the club will fold in 2 months tops if new finance isnt found. also said he avram and that mark jacobs fella had no idea about the sale of kaboul. sounds messy

[suewhistle]

Apparently it comes loaded with £500 debt!

 

[splutters wine over keyboard]

[aintforever]

Would be great if we got a bye in the cup. Derby occasions are great but **** it, we would be one game from Wembley.

[Glasgow_Saint]

SSN reporting that Brum are in for Dindane and Lens have accepted the bid...

 

Excellent!

 

[SFC Forever]

There's an ad on there for a P*mpey credit card, are they in a position to offer finance to others?

 

one way of getting some money isn't it.

[RedAndWhite91]

Would be great if we got a bye in the cup. Derby occasions are great but **** it, we would be one game from Wembley.

 

For the second time in a week! Greedy, greedy.

[John B]

Things dont look very good for Pompey

 

 

http://www.portsmouth-mad.co.uk/news/tmnw/the_beginning_of_the_end_488447/index.shtml

[Glasgow_Saint]

http://www.mirrorfootball.co.uk/news/Breaking-news-Avram-Grant-to-quit-Portsmouth-article304301.html

[for_heaven's_Saint]

Let the b*st*rds die.

[St.Thomas7]

Seriously, if they were a dog they would have been put down by now.

 

How do you put down a fish?

[Chin Strain]

Seriously, if they were a dog they would have been put down by now.

 

How do you put down a fish?

 

With a club?

[wild-saint]

Will the skates be around when they are due to play us? The winding-up petition is due a few days before and I notice that 2 other creditors have attached themselves to the winding-up petition.

 

This could well be the start of the end for the blue few, even their website has been taken offline due to non-payment. ( That's going to make their ticket selling mighty awkward )

 

Would you prefer them go bust before and we get a bye, get beat by us then go bust the next day or find a buyer and get beat by us?

 

All i am interested in is do we get our ticket money back if the skates cant fulfil the fixture?

[Matthew Le God]

All i am interested in is do we get our ticket money back if the skates cant fulfil the fixture?

 

Read the "conditions of sale" on the back of any ticket.

[mcjwills]

Things dont look very good for Pompey

 

 

http://www.portsmouth-mad.co.uk/news/tmnw/the_beginning_of_the_end_488447/index.shtml

 

"On the subject of the staff not getting paid he mentioned that the club did have the funds to pay them but couldn't because of something to do with the HMRC's winding-up order currently on the club, which didn't allow funds to be transferred from accounts or something of that ilk anyway"

 

Sounds like cow poo to me

[Solent2191]

Someone's been abusing their chairmans details on wiki lol Own up.....

http://en.wikipedia.org/wiki/Ali_al-Faraj#Personal

[magnet]

I'm loling so much, just think how those skates will feel giving us a bye into the quaters if they were wound up :-)

[itchen]

Here's the view from the Guardian's Fiver - a daily email:

 

http://www.guardian.co.uk/football/2010/jan/28/the-fiver-portsmouth

[maxi_sopez]

i dont want them to go bust, i hope they find a buyer. it will be far more boring if they are gone completely. the morons on here who want them to go completely are really sad.

[Matthew Le God]

i dont want them to go bust, i hope they find a buyer. it will be far more boring if they are gone completely. the morons on here who want them to go completely are really sad.

 

They would never really "go" forever. The fans would create a new club.

Edited 29 January, 2010 by Matthew Le God

[Badger]

i dont want them to go bust, i hope they find a buyer. it will be far more boring if they are gone completely. the morons on here who want them to go completely are really sad.

 

If I'm honest I agree with you.

[Nineteen Canteen]

i dont want them to go bust, i hope they find a buyer. it will be far more boring if they are gone completely. the morons on here who want them to go completely are really sad.

 

I agree completely perhaps the thread should read will our slim play off chances last till the derby and do our fans really care about the two critical league games in between or has the focus of their attention permanently turned eastwards?

[Bearsy]

I agree completely perhaps the thread should read will our slim play off chances last till the derby and do our fans really care about the two critical league games in between or has the focus of their attention permanently turned eastwards?

 

East? East? EAST!!!!

 

You're often accused of being a troll, of not really being a Southampton fan, of just coming on here to wind people up but I never really believed it... Till now.

[Nineteen Canteen]

East? East? EAST!!!!

 

You're often accused of being a troll, of not really being a Southampton fan, of just coming on here to wind people up but I never really believed it... Till now.

 

I am a Bona Fide fully paid up member of the S/T holders club and have been since the move to SMS and my support unlike many has never waivered.

 

I would love to have a post count over the past few weeks or even months to see how many have spent their time discussing Saints vs our friends in the East? Look how many posts there are in the Pompey Takeover Thread, do we really care that much vs what is happening at our own club at the start of hopefully something significant?

 

Believe what you like but our gloating obsession with Pompey has become more than unhealthy and the derby has tipped it over the edge. I dread to think how some fans will cope if we lose that game and based on our current form we are likely to be easier opposition than Pompey have faced in a while and that includes Coventry.

[Tac-tics]

How do you put down a fish?

Ask Neil from the inbetweeners

[St Marco]

Grant and Storie thinking about quiting

http://www.guardian.co.uk/football/2010/jan/29/peter-storrie-avram-grant-portsmouth

[saintmonkey1979]

It now looks like we will be scoring (presumptuous, I know) against Anti Niemi if Pompey are still in existence. What which Begovic being sold to spurs and James still moving to Stoke, it looks more than likely. Unless he bench warms for Jamie Ashdown, not sure which is the better 'keeper these days and who would be first choice.

[hutch]

I'd like to see Utaka and Belhadj gone in the window too. And O'Hara to stay away. Is that too much to ask?

[slickmick]

What would really pee them skates off ??

 

Saints rallying round to help them so that the cup game could go ahead.

 

Just think of the songs we could taunt them with.

[St.Patrik]

Have a bucket collection for Pompey Aid before the FA-Cup game - that would really **** them off : )

[Tac-tics]

Have a bucket collection for Pompey Aid before the FA-Cup game - that would really **** them off : )

 

I like.

[Bartosz Bialkowski]

Pompey have closed down their development centres (academy for the under 9's) now too, got a letter yesterday.

 

F**ked off really, my nippers been training with them for months.

[St.Bart -No.1]

All i am interested in is do we get our ticket money back if the skates cant fulfil the fixture?

 

I want to know if Pompey get wound up on the 10th and can't fufill the fixture on the 13th. Do Saints then play Hartlepool in the league fixture, is this why no re-arranged date has been given yet and the official site shows both fixtures for the 13th ?

[Wes Tender]

Here's the view from the Guardian's Fiver - a daily email:

 

http://www.guardian.co.uk/football/2010/jan/28/the-fiver-portsmouth

 

24 carat comic genius! I particularly liked the suggestion that as they couldn't afford to run their website that they should employ the services of a town crier to desseminate the news, provided that they could find a suitably preposterous looking individual with his own hand-bell.

[Tac-tics]

Pompey have closed down their development centres (academy for the under 9's) now too, got a letter yesterday.

 

F**ked off really, my nippers been training with them for months.

 

I was set to sit in a session with them next week to, have been informed training has been cancelled for the forseable future.

[ericofarabia]

Have a bucket collection for Pompey Aid before the FA-Cup game - that would really **** them off : )

 

Maybe a Pot collection .... coz they certainly haven't got one to p!ss in at the moment

[ericofarabia]

something serious is happening down the road at Krap Nottarf...

 

It's going to be really messy tomorrow and I really think there is a possibility that they are about to implode....

 

Serious ... I'm finding it all mildly amusing (to say the least)

[Bucks Saint]

I want to know if Pompey get wound up on the 10th and can't fufill the fixture on the 13th. Do Saints then play Hartlepool in the league fixture, is this why no re-arranged date has been given yet and the official site shows both fixtures for the 13th ?

 

They will not get wound up. They will go into Admin and keep playing. Even if the Directors commit utter madness and a dereliction of duty and do not file for Admin, the major creditors will. See the countless other threads

[Clapham Saint]

They will not get wound up. They will go into Admin and keep playing. Even if the Directors commit utter madness and a dereliction of duty and do not file for Admin, the major creditors will. See the countless other threads

 

The Directors CAN'T put the club into admin anymore becuse there is a winding up petition in place.

 

I agree that it would be crazy for the secured creditors not to put the club into admin before the petition is heard but it is equally crazy for them not have appointed administrators already.

 

After Monday there will be little an administrator can do. All the time that he runs the club he will be personally responsible for any losses incurred and would have to be really REALLY sure of a sale of the business to continue to trade unless he can raise funds from elsewhere.

 

With no ability to sell players to raise funds to cover the losses himself he may have no option but to shut the doors anyway, unless somebody else agrees to fund trading (can't see that happening).

 

EDIT: Not saying there is no chance of them continuing to trade for a short period without a sale, but trying to highlight that the chances of them not making it are significant.

[saintmonkey1979]

Anyone know if the players and staff have been paid or not? Storrie-Teller did say yesterday it was unlikely they would be and as no sales have been completed yet, I assume the funds still aren't there. And would it trigger a mass walkout which has been touted in various places?

[jam]

 

 

 

Cheers for the info, Clapham Saint.

[greg_hill]

The Directors CAN'T put the club into admin anymore becuse there is a winding up petition in place.

 

I agree that it would be crazy for the secured creditors not to put the club into admin before the petition is heard but it is equally crazy for them not have appointed administrators already.

 

After Monday there will be little an administrator can do. All the time that he runs the club he will be personally responsible for any losses incurred and would have to be really REALLY sure of a sale of the business to continue to trade unless he can raise funds from elsewhere.

 

With no ability to sell players to raise funds to cover the losses himself he may have no option but to shut the doors anyway, unless somebody else agrees to fund trading (can't see that happening).

 

EDIT: Not saying there is no chance of them continuing to trade for a short period without a sale, but trying to highlight that the chances of them not making it are significant.

 

I'm slightly confused now. I was unaware that a WUO prevented a club going into administration though now you point it out, it makes obvious sense. What other options do the club and/or HMRC have?

[saintalan]

...

 

I agree that it would be crazy for the secured creditors not to put the club into admin before the petition is heard ...

 

Good piece Clapham.

 

Why can the creditors request Admin but not the Dirs? Is it just cause there is a WUO?

[Clapham Saint]

I'm slightly confused now. I was unaware that a WUO prevented a club going into administration though now you point it out, it makes obvious sense. What other options do the club and/or HMRC have?

 

In very basic terms an adminstrator can be apointed by:

 

i) the Directors

ii) a qualifying floating chargeholder

iii) the court

 

If a winding up petition is in place the Directors are blocked but the other two are still possible.

[Clapham Saint]

Good piece Clapham.

 

Why can the creditors request Admin but not the Dirs? Is it just cause there is a WUO?

 

Yep.

 

If the directors want an administrator to be appointed then they would now need to apply to court.

 

In applying to court they are acknowledging that they are insolvent.

 

If they are insolvent they need to provide a good reason why the creditors would be better off with the company placed into administration rather than liquidation, as would be the case if the WUO is passed.

[ringwood]

surely even the sale of players won't be a big help as the payments won't be in one lump but on the never never?

 

really think it will be one of the smaller companies that kill them off, someone will get that ****ed off or be on the edge of going to admin themselves that will do for them.