aintforever

They are naive in the extreme if they don't think Chanrai and Gaydamak are in this together. The reason Chanrai has kept them on a life machine this long is obviously so Gaydamak can get his parachutes. If Chanrai saves them now they will be in the same boat again in two years time, in League 1 or 2.

"The grimy workers in engine rooms gravitated towards the close-built terraced streets of Northam and Chapel (the kind of hard-drinking neighbourhood on whose Albert Road six pubs could be found side by side)." Where have those pubs gone? Tragic.

Its always good sign when you play **** and still win. MASSIVE 3 points today.

I've been Schneiderlin's biggest critic but he has really got his game together and has been the difference in our recent run. He has always had talent but now he's starting to read the game much better, he's no longer a show-poney, but a proper team player and sublime passer.

Can't remember seeing a better goalkeeping display, that includes Shilton, Flowers, Jones and Neimi. To be fair my memory is sh!t but that was superb. Well done kelvin.

Don't be such a big gay. All this gone forever stuff is just nonsense, they will start up again as a non-league side and work their way back up. The way things are going even if they survive there probably won't be any derby games for a couple of decades anyway.

A. The cheating ****s deserve liquidation. The derby days are good but every day will feel like a derby win when they go non-league.

What will happen to this thread if they go t!ts up? Can a mod clarify please, 1138 pages, this just can't cease to exist.

This is just the administrator playing cat and mouse with football league/Prem. I expect money will be forwarded so they can see out the season, don't fancy their chances of lasting through the summer. the FL won't give a monkeys if they go bast after the last fixture is played. In fact they will be glad to be rid of the headache and delightfully offer Huddersfield, Sheff Weds or MK Dons a place in the Championship.

Looks like the penny has dropped with one of the blue few at least... harswa Thursday, March 1, 2012 at 12:38 PM Remember HMRC want us liquidated, and the administrator is the choice of HMRC!

If the previous CVA has, in the words of the administrator, failed then it HAS to be an additional points deduction similar to Bournemouth's otherwise all clubs have to do in the future is agree a CVA they cannot service and blow off their debt.

That is the dullest England kit I have ever seen, and that is saying something. If they are going to change it every 5mins to rip off the fans they could at least come up up with a new design not just change the collar and colour of badge on the cheapest sh!t they could mass produce in China. It's kind of appropriate for the England, all about making money and below average standard.

"Gaydamak's money is his own, nothing to do with his dad..." "Maradona to be DOF, bringing in Riquelme..." "Sulaiman Al Fahim - it wouldn't make any sense him buying the club if he didn't have serious money..." "We are NOT going into administration..." (prior to the first one) "Al-Faraj - take us to a new level..." "CSI - they are reputable bankers..." PMSL

I don't like the whole 'left wing' 'right wing' label thing. Some of my views would be considered left wing but just as many right wing. People assume that if you detest the greed of today's f*cked up capitalist system you automatically want to hand out millions in benefits to scroungers. I hate benefit cheats as much as bankers. I agree with many green party policies, yet also agree with typical right wing views on immigrants and law and order. The label left or right is meaningless to me.

What the hell is a demo in support of the club supposed to achieve?! I'm actually starting to feel sorry for the dumb f*ckers. Think they might me going from deluded to crazy.

probably

It is just obscene paying bonuses when they can't even make a profit. The whole monetary system is f*cked up. It's just a matter of time before it goes pop. It will go tits up when the US default on their debt, just a matter of time before they just right it all off, **** know what will happen when they do. http://www.usdebtclock.org/

Still sh!t loads of seats left if anyone wants to help them 'Pack the Park' in their hour of need? https://www.eticketing.co.uk/portsmouth/details/event.aspx?itemref=746 For a reduced price. Against the biggest club in the League. That really is shocking suppport.

I wouldn't worry about getting priority, Coventry will probably sell out but it won't be hard to get tickets the week before.

Cortese is obviously a right ball busting ***** of a boss.

Not really. Staying here in the Championship was a bigger risk. As he says, things change very quickly in football. Wenger could have been sacked, new boss doesn't fancy him, chance gone. Having said that he would have been better off going to a club that wins trophies like Man Utd, Arsenal are in decline at the moment playing their usual tappy tappy ****.

Ours is sh!t, I would say the French one has to be best.

I wouldn't worry about it, as long as you keep paying the mortgage they won't give a sh!te what you do with it.

It is madness, this country should be investing in this sort of industry. Even if they cost more to build here the benefit to the economy as a whole would make it worthwhile. Just giving it to the cheapest bidder is short-sighted and retarded.

Apparently this is AA's version of the debacle down the road (dunno if genuine or not (from a skate site)): "Ok here we go : for the record I stopped reading blogs and twitter and Facebook accounts two years ago - so I don't know what is written but this is my account and you can post it anywhere ! I and UHY were brought into help pfc in feb 2010 .... The club was in a desperate shape and in financial shamble with debts exceeding 100 million and cash burning at about 3.5 million a month ... Without going into any more detail we got a CVA approved against the wishes of HMRC and left the club owing creditors under the CVA anything between 5 and 16 million - this figure was supposed to be worked on by Baker Tilly the liquidators appointed by HMRC - but two years later nothing has been agreed. The only other creditor left was Portpin in the sum of 17 million secured on the assets of the club. If you remember we tried to sell the club to various parties during the close season and the summer of 2010 but ignoring the tyre kickers no one came forward. As the last resort Portpin purchased the club in September 2010 in order to secure its position . After the sale we had very little to do with the Club and intact I remember that the last time I visited the Club was in January 2011 after which we vacated as Administrators . Several months later Portpin with the help of Seymour Pearce found CSI as a potential purchaser. PKF were CSIs auditors and advisors. UHY had nothing to do with this transaction. PKF undertook the due dilligence and confirmed Portpins security! And eventually helped Antonov and CSI to buy the Club in June 2011. Portpin were not paid any money - but received a bank guarantee from Snoras Bank to be repaid 17 million in two years time .. In the meantime portpin was to receive quarterly interest payments at 8% per annum: Portpin were paid one quarters interest payment before the fateful november 2011. Between June and November 2011 CSI injected about 11 million into the Club with the full knowledge of PFK ... This money was not used by the board to repay creditors under the CvA but used and invested in the playing squad, increasing its financial commitments, exacerbating it's financial demise. In November after the unprecedented demise if Snoras Bank, UHY were called in to advise on CSI and the financial commitment under the bank guarantees to Portpin loan of 17 million. We decided that in order to protect CSi from the claims from the governments of Lithuania and Latvia that it should go into Administration. PFC was a subsidiary along with 7 other businesses. When we looked at PFC we discovered that nothing had been learned from the previous years and that the Club needed continued investment to keep it alive; approximately 5 million to fund it until June 2012 and another 7 million the following year . CSI had no money so we tried to find a buyer : we had numerous parties come forward : we even tried to sell other CSI assets to create working capital to preserve the Club . By December the club had all but run dry of money to au wages so we convinced Portpin to inject a further 250 k to pay the payroll - but on the basis that the board sold players in the January window to provide the necessary cash to keep the Club alive : portpin pledged to inject a £1 for every £1 generated in that window... We tried every angle to generate interest in our players to keep the Club alive : the board and I. In particular Mr Lampitt did nothing . In the end on the last day of the window we had an offer for two of our players for just under 1 million ::: lampitt switched his phone off during the day and when I actually got through to him to arrange for the players to go and agree terms and have medicals he refused permission for the players agents to talk to the club / he effectively killed the deals knowing it was the last chance of the club to avoid Administration. For the record in our position as de facto shareholders he was put on notice that he was being dismissed for gross negligence . We therefore had no choice but to apply for administration. You will note that we did the financial modelling for the Club in Administration and we worked out that we possibly needed 500k to make sure the club had enough money to complete the season - so we asked portpin to give us a facility of 500k in case we needed it - it wasn't a bribe just a banking arrangment! As far as the security of Portpin we have never advised on it ; it was PKF funnily enough that looked at it several months ago. We didn't rely on it that's why we asked the Board to appoint us and not Portpin.. One final point - my personal opinion - Mr Lampitt - something very wrong here. He had worked tirelessly the last few months maligning me and my firm with the various supporters groups, the local council and even the local MP. His efforts proved fruitful because in the end it contributed in my firm being removed and HMRC nominated firm PKF being appointed. It is my opinion that Mr Lampitt was a major reason why the Club is now in Administration and that he was working to another agenda. I don't want to subscribe to any conspiracy theories but I think he wants the Club liquidated so that it has a fresh start - even at non league status - but with the satisfaction that Portpin loses all its money ! And why you may ask ..... Fact portpin recruited Lampittt and introduced him to us as a replacement for Mr Storrie - looked the part as he came from the FA.. Fact : Lampitt drew up a contract and demanded a commission payment from Portpin when it ever sold the Club. Fact when portpin sold the club to CSI Lampitt demanded his commission but because no monies were exchanged he became an aggressor to Portpin because they refused to pay him his 5% on 17 million .. Fact when csi fell into administration Lampitt found the opportunity to attack portpin and us in order as retribution. I only found out the financial arrangements of Mr Lampitt in the last 24 hours but it puts everything into perspective .... What a disaster and to add to this Mr Lampitt aided the appointment of HMRC own nominated administrator : PKF wouldn't you know it!