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lol -keep clutching boys, O/S statement that Taskin is not involved, prem leage told only the Dr is to be a shareholder.

 

we all know the deal will go through, due dilligence as you know is a long process for the benefit of both club and new owners and of course as with buying a house if something is not right it may not go through, hardly breaking news is it ?

 

I would of thought in your current predicament - deal still not done you might think twice before pointing out possible problems with our one ?

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lol -keep clutching boys, O/S statement that Taskin is not involved, prem leage told only the Dr is to be a shareholder.

 

we all know the deal will go through, due dilligence as you know is a long process for the benefit of both club and new owners and of course as with buying a house if something is not right it may not go through, hardly breaking news is it ?

 

I would of thought in your current predicament - deal still not done you might think twice before pointing out possible problems with our one ?

 

Just because your club has said it doesnt involve Taskin does'nt mean its right.

Not like your club is whiter than white, remember Storrie,Chops & Bond being nicked?

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Just because your club has said it doesnt involve Taskin does'nt mean its right.

Not like your club is whiter than white, remember Storrie,Chops & Bond being nicked?

they just seem to be made of Teflon. Deep down they know it, but why should they care they are in the PL won the FA cup on the back of it and pay £600 for a s/t

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West Ham told the Premier League they'd torn up the third party contract between them and MSI.

 

point is steve, the lawyers of both PFC and Dr Sulamein are going to be telling the premier league in writing he is the only owner, if they cannot prove otherwise the deal is done. Bear in mind, we currently have a bloke whose father is wanted in a number of countries and we maybe being taken over by a bloke who is an amabassador for the UN and does an inordinate amount for charity. Now I am not saying it will affect the outcome but I bet insiders would prefer the good Dr taking over.

 

Now as far as I am aware whilst the premier league are entitled to know who the shareholders of the club are what they cannot do by law of any variety is enquire as to who is investing in an equity or hedge fund.

 

The Dr has supposedly setup an equity fund type vehicle and will use it to finance PFC but he will be the only shareholder as far as companies house etc are concerned of the club. At least this is how its being reported by both papers and PFC - how are the premier league going to get around that one. They would have to monitor every transaction in and out of that equity fund and demand the right to know who every person responsible for each transaction is. Not something by law I would of thought they could demand and lets be honest looking at their history not soimething they would do.

 

Either way the Dr is declaring himself as the only shareholder - where the money comes from to back him - well provided it is from an investor who pays it into an equity fund who the good dr happens to be a part of I cannot possibly see how the permier league are going to be able to veto it.

 

Where does Abramovich's money come from or the Man City Arabs ? Do the premier league constantly ask these questions to ensure it is still being invested by fit and proper people and is not dirty money- I doubt it....

 

The deal willl go through - who really is behind it I don't give a tupney fook, we still have a premier league club and to be honest it was looking like we would do a you up until a few weeks ago and we still might if DD by some starnge reason does not go through

 

Cannot see it though !

 

Sort you own house out before you come knocking on ours

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lol, so the crux of it is

 

a) guardian are reporting an citehs brother is involved because he chairs hydra properties.

 

answer : its not hydra properties taking over portsmouth

 

b) crouch doesn't know who the manager is and wants assurances, will asses it when he comes back from holiday and have a chat about where the club is going.

 

answer : notw report it as crouch on his way out ? err I do believe he says he wants talks about the future of the club and re-asurances. Thats good accurate reporting isn't it?

 

must admit I am quite surprised at just how much the press hate us and I have no idea why, I know you lot will come up with some reasons but it seems everyday there is another paper having a pop and trying to undermine things...just don't get it.

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do you only believe the trash papers when it doesent knock your club or when it suits you have a bit of a larf by all means but lets be fair the tabloids are not in the know and are just trying to upset the deal because the good dr turned down the barcodes

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must admit I am quite surprised at just how much the press hate us and I have no idea why, I know you lot will come up with some reasons but it seems everyday there is another paper having a pop and trying to undermine things...just don't get it.

 

Lol, yeah it's all a big conspiracy, the press are all out to get you :rolleyes:. I do find it quite amusing all the skates getting so defensive about these stories. It's only because it's not what you want to hear.

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nothing to do with what I want to hear, why were west ham not hammered ?

 

its irrelevant what the press print really, the people that matter are the one's doing the deal, I cannot change it so I am not overly fussed what they do print - just abit surprised that they are going what appears to be abit over the top.

 

however, they are in the business to sell papers ergo we see what we see

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Yet more "damaging revelations" in The Sun today. Move over Woodward and Bernstein.

 

"PREMIER LEAGUE chairman Sir Dave Richards’ worst nightmare came true last night when disgraced ex-Thai Prime Minister Thaksin Shinawatra admitted advising Sulaiman Al-Fahim on buying into the Premier League.

We exclusively revealed on Saturday how Richards was caught up in the murky Portsmouth takeover and that he faced an investigation into his part in the proposed £60million deal.

 

To his eternal embarrassment, Richards could even find the move being blocked by his very own organisation.

 

Shinawatra says he is “close friends” with Al-Fahim and that he advised him on how to go about the purchase.

 

Richards has admitted meeting Al-Fahim before last month’s Champions League final and that Shinawatra’s right-hand man Pairoj Piempongsant was present.

 

Shinawatra yesterday denied having any financial involvement in the Portsmouth takeover but said: “He (Dr Al-Fahim) is a businessman I greatly admire and have met and spoken with several times. I consider him a close friend.

 

“Earlier this year he told me he was looking to invest in a Premier League club himself. I gave him some advice and wished him well.”

 

Shinawatra also conceded his aides have played a part in the Portsmouth takeover.

 

Pompey’s executive chairman Peter Storrie met Piempongsant, who helped put Al-Fahim and Portsmouth together, on a number of occasions.

 

Shinawatra said: “It is correct that some of my associates may have helped with the introductions for Dr Sulaiman.

 

“Why not? I know a lot of people in soccer and was more than happy to pass on any contacts I could. That doesn’t make them investors.”

 

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However, even though he admitted advising Al-Fahim, former Manchester City owner Shinawatra added: “I am not involved, nor are my associates. Football? Me? Again? No, no and no.”

 

If Shinawatra was putting money into the takeover he would be banned under Premier League rules concerning the fit and proper persons test.

 

Al-Fahim has to reveal all investors who put more than 10 per cent into the buyout.

 

Originally Al-Fahim claimed he was being supported by Arab and Asian investors.

 

However, he has since changed his tune and insisted all the money is his.

 

Richards claimed at the weekend he did not know if Shinawatra was part of the takeover but he did admit he was the first man to introduce Pompey’s current owner Sacha Gaydamak to Shinawatra.

 

He added: “I did originally introduce Sacha Gaydamak to Dr Thaksin at a game at Manchester City when I was there.

 

“I may have introduced Pairoj — I couldn’t tell you that for certain.”

 

The shock! The horror! So Richards introduced Gaydamak to Shinawatra (when they were owners of Prem clubs) and Shinawatra's aide introduced Storrie to Al Fahim. Not only that but . . . actually, it is only that. LOL.

 

Is this the very definition of a slow news day?

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Must be so hard being a Pompey fan, with the whole world out to get you an' all.

 

LOL. Wasn't trying to say they're out to get Pompey in particular, they'll try desperately to muck rake on any club. Just laughing at the desperation of the media to make a story out of nothing. The guy buying Pompey co-owns a company with the brother of the guy who owns Man City so it "may" be questionable. The guy buying Pompey took some advice from Shinawatra who used to own an English club himself. Gaydamak and Shinawatra have met before when Pompey played Man City. PMSL. Has there ever been a bigger non story spun out over so long by any ****ty tabloid before?

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Must be so hard being a Pompey fan, with the whole world out to get you an' all.

 

LOL. Wasn't trying to say they're out to get Pompey in particular, they'll try desperately to muck rake on any club. Just laughing at the desperation of the media to make a story out of nothing.

 

just another chip for their shoulders

 

:confused:

 

You seem confused. Anyway, here's the latest news on the Pompey takeover, seeing as you're all so disinterested you spent all last weekend commenting on the non - story in the Sun:

 

Sulaiman Al Fahim's planned takeover of Portsmouth is on course and firmly within Premier League rules, according to the businessman's spokesman.

 

Reports had suggested the deal is "in limbo" amid questions surrounding Al Fahim's ownership suitability.

 

But, with due diligence on the deal continuing, Ivo Ilic Gabara told BBC Sport: "The deal is far from in limbo.

 

"Our enthusiasm and commitment has, if anything, increased. Any Premier League requirements can - and will - be met."

 

United Arab Emirates businessman Al Fahim had a reported £60m bid for the south-coast club accepted in May, and spoke of his "excitement" about taking over the Premier League outfit.

 

But a series of developments appeared to cast a shadow over the takeover.

 

First Portsmouth were forced to deny that former Manchester City owner Thaksin Shinawatra was part of the bid, and then, similarly, that Premier League chairman Dave Richards was involved.

 

And the fact that Al Fahim acted as the initial figurehead of the Abu Dhabi United Group that took control of Manchester City from Thaksin last year placed increased concern over the deal.

 

Premier League rules forbid two clubs being owned by the same controlling interest, and press reports suggested that Hydra Properties - a company which boasts Al Fahim as chief executive - is part of a wider group, the Royal Group, which is chaired by Manchester City owner Sheikh Mansour bin Zayed's brother.

 

 

This, allied to initial reports suggesting Al Fahim's bid was being supported by anonymous heavyweight investors, prompted speculation that the takeover bid was doomed.

 

However, Gabara said that not only does Al Fahim not own a single share in Hydra Properties, but also that the takeover is being led by Al Fahim Asia Associates, the sole vehicle of the UAE businessman.

 

"Recent media coverage has been misleading," he said. "The buying party has always been Al Fahim Asia Associates - which is fully owned by Al Fahim.

 

"He has always been fully aware of the disclosure requirements of the Premier League and its fit and proper person test, and has always intended to comply fully with these rules.

 

"He knew this transaction would attract considerable media interest and was always ready to withstand the scrutiny.

 

Clearly it is in everybody's interests that the deal goes through as soon as possible".

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Even the media are now starting to realise just what a load of ****** the "revelations" in the scum are. From Football365:

 

The Sun's continuing 'Pompeygate' investigation is clearly something of which they're proud, but Mediawatch finds it about as interesting as a Daily Telegraph expenses revelation.

 

That's largely because they've come up with bugger all of any significance or substance, aside from the big news that Sulaiman al-Fahim probably once met Thaksin Shinawatra, and Premier League chairman Dave Richards might've shared a vol-au-vent with one of them at some stage.

 

Still, they're sticking with it, and this morning they continue to hammer away at Richards.

 

Mark Irwin (taking up the 'story' from Shaun Custis) writes: 'Dave Richards has been dealt another devastating blow by The Sun's Pompeygate investigations.'

 

He then goes on to detail that this 'devastating blow' is that al-Fahim has been edged aside at Hydra Properties, moving from chief executive to plain old director.

 

So in what way has The Sun's 'investigation' dealt this 'devastating blow'? Is the paper responsible for Hydra's poor performance? Have Custis and Irwin been slowly devaluing their property portfolio? Was it all for this massive scoop?

 

Hang on - we might be on to something big here. Are The Sun responsible for the credit crunch? Damn them! It wasn't the banks! It was the lending firm of Custis and Irwin that were chucking those sub-prime mortages around willy nilly! They've got blood on their hands! Curse these tabloid journalists! Curse them to hell!

 

http://www.football365.com/mediawatch/0,17033,8749,00.html

 

And you lot were all so excited too. :D

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Latest update on the Pompey takeover as I know none of you are interested :D

 

Portsmouth deal 'will be done' by July 11

 

by Anil Bhoyrul

Wednesday, 24 June 2009

 

The takeover of Portsmouth Football Club will be completed within the two weeks – with soon to be owner Sulaiman Al Fahim due to outline his plans to fans on July 11, Arabian Business can reveal.

 

Al Fahim has accepted an invitation to speak to fans at the AGM of the Portsmouth Football Supporters Club – London.

 

It is understood he will outline his long term vision for the club, and give an insight into his player and managerial choices.

 

Sources close to Al Fahim said the “deal will be officially done” shortly before the meeting with supporters at the Union Jack Club in London’s Waterloo.

 

“He will be in London for the few days before then finalising things, and so it makes sense to go to this event and meet the fans.

 

"He wants to speak directly with supporters as much as possible. There will be something similar organized in Portsmouth for fans to hear from him directly, probably around that time as well,” added the source.

 

It is understood that Al Fahim wants to organise monthly “supporters” meetings in Portsmouth, once the new football season starts.

 

“He has seen many football club owners become too detached from what’s happening, and doesn’t want to make that mistake. His view is that the fans know more about the club than anyone else, so he wants to have a constant dialogue with them,” the source told Arabian Business.

 

The takeover of the Premier League club has come under intense media scrutiny, although Arabian Business understands that most of the ownership issues have now been settled.

 

There’s a lot of paper work to get through but the key things, issues that could hold this up, have now been sorted. The focus behind the scenes is now very much on how to take the club forward both on and off the pitch,” added the source.

 

http://www.arabianbusiness.com/559840-portsmouth-deal-will-be-done-by-july-11

 

How's your takeover going? Are they still haggling over whether you should have your (completely justified) 10 points taken away or have they taken so long about it and ****ed the FL off so much that it's now minus 25 points? :D:D:D:D:D

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How's your takeover going? Are they still haggling over whether you should have your (completely justified) 10 points taken away or have they taken so long about it and ****ed the FL off so much that it's now minus 25 points? :D:D:D:D:D

 

Seeing as you read the main board more than most, why don't you tell us?

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Seeing as you read the main board more than most, why don't you tell us?
he only comes on here when he can brag. He has full bragging rights and will use every little bit of it.I find it amazing that they are being purchased by a billionaire but still get the green light to sell their star player who had just signed a contract. So instead of building a team they are selling top assets to weaken their charge into the CL.
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Latest update on the Pompey takeover as I know none of you are interested :D

 

Portsmouth deal 'will be done' by July 11

 

by Anil Bhoyrul

Wednesday, 24 June 2009

 

The takeover of Portsmouth Football Club will be completed within the two weeks – with soon to be owner Sulaiman Al Fahim due to outline his plans to fans on July 11, Arabian Business can reveal.

 

Al Fahim has accepted an invitation to speak to fans at the AGM of the Portsmouth Football Supporters Club – London.

 

It is understood he will outline his long term vision for the club, and give an insight into his player and managerial choices.

 

Sources close to Al Fahim said the “deal will be officially done” shortly before the meeting with supporters at the Union Jack Club in London’s Waterloo.

 

“He will be in London for the few days before then finalising things, and so it makes sense to go to this event and meet the fans.

 

"He wants to speak directly with supporters as much as possible. There will be something similar organized in Portsmouth for fans to hear from him directly, probably around that time as well,” added the source.

 

It is understood that Al Fahim wants to organise monthly “supporters” meetings in Portsmouth, once the new football season starts.

 

“He has seen many football club owners become too detached from what’s happening, and doesn’t want to make that mistake. His view is that the fans know more about the club than anyone else, so he wants to have a constant dialogue with them,” the source told Arabian Business.

 

The takeover of the Premier League club has come under intense media scrutiny, although Arabian Business understands that most of the ownership issues have now been settled.

 

There’s a lot of paper work to get through but the key things, issues that could hold this up, have now been sorted. The focus behind the scenes is now very much on how to take the club forward both on and off the pitch,” added the source.

 

http://www.arabianbusiness.com/559840-portsmouth-deal-will-be-done-by-july-11

 

How's your takeover going? Are they still haggling over whether you should have your (completely justified) 10 points taken away or have they taken so long about it and ****ed the FL off so much that it's now minus 25 points? :D:D:D:D:D

 

Your smugness makes me smile. You've read a few vague promises and 'guarentees' about a takeover and cant wait to get on here and start chirping.

 

I just wish Pinnacle would do the same and tell us everything will be alright...oh wait, we get that on a daily basis. Talk is cheap, but good luck all the same.

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he only comes on here when he can brag. He has full bragging rights and will use every little bit of it.I find it amazing that they are being purchased by a billionaire but still get the green light to sell their star player who had just signed a contract. So instead of building a team they are selling top assets to weaken their charge into the CL.

 

Only come on here when I can brag? You said that before Nick but the period you highlighted as when I was on here the most was a 4 week period when we lost two games 6 - 0 and 4 - 0. Was I bragging about that? You never did answer me when I questioned you about that before. How about an answer now?

 

As for selling Johnson, we had an agreement with him that if a top 4 club came in for him we'd let him go and it was on that basis that he signed the new contract. Funnily enough, it was the fact that he signed a 4 year contract in January meant that we got so much money for him. Difficult for you to understand?

 

Your smugness makes me smile. You've read a few vague promises and 'guarentees' about a takeover and cant wait to get on here and start chirping.

 

I just wish Pinnacle would do the same and tell us everything will be alright...oh wait, we get that on a daily basis. Talk is cheap, but good luck all the same.

 

I'm under no illusion that the takeover for Pompey could go completely tits up. I just like the weeping and wailing from you lot when so many on here were smugly predicting (and savouring) Pompey potentially going out of business. If it's OK for you lot to do it, why can't I? :D

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I'm under no illusion that the takeover for Pompey could go completely tits up. I just like the weeping and wailing from you lot when so many on here were smugly predicting (and savouring) Pompey potentially going out of business. If it's OK for you lot to do it, why can't I? :D

 

But we were gloating when our takeover was on the up, and yours was hitting the rocks. Now we're both at the same stage of hearing promises for the future but nothing ever seems to happen. Hardly a time for gloating on either side I would have thought.

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But we were gloating when our takeover was on the up, and yours was hitting the rocks. Now we're both at the same stage of hearing promises for the future but nothing ever seems to happen. Hardly a time for gloating on either side I would have thought.

 

You are right of course BUT! as there is no footy to talk or gloat over

That leaves dodgy looking take overs ours and yours which has both sets of supporters Brickin it!:smt103,,,,,,,,,Still if one of them was to go tits up lets hope its yours A!;-)

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All quiet on the takeover front for Pompey, not a good sign when selling players such as Johnson l and letting them go at end of contract. Davis to Bolton for free when you could have had 3.5m 6 months ago. Mind you if he was instrumental in keeping you up I guess that's a small price to pay.

 

Is your takeover going as well as ours!

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All quiet on the takeover front for Pompey, not a good sign when selling players such as Johnson l and letting them go at end of contract. Davis to Bolton for free when you could have had 3.5m 6 months ago. Mind you if he was instrumental in keeping you up I guess that's a small price to pay.

 

Is your takeover going as well as ours!

 

If your asking ( is the gold rush still on?).....All stage coaches seem to be headed north!.........Patiants is the word the powers that be are using[-o

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