bridge too far

whitebait

lobster

diamond

soap

bus

hole

belly

I'm not sure you're right here. Last summer I phoned HMRC because I was concerned that my employer had liquidity issues. I was assured by HMRC that there was no way that I would be liable for tax and NI that my employer might have failed to pay.

cadge

^ Don't forget they're going to have to pay rent now

Titanic

Portsmuff

I just love all the bankruptcy / insolvency ads underneath the comments section

..up

The bottom line is - err - the bottom line. If their outgoings exceed their incomings (as detailed in the Observer piece) then no-one is going to lend them money. This problem will be compounded by a) now having to pay rent to Chainrai and b) having smaller gates once they're demoted. No SENSIBLE business man is going to take a punt on this.

Oh yeah :oops:

Here's the guy behind the takeover: http://www.stuff.co.nz/sport/football/3354515/Meet-the-Kiwi-who-says-he-can-save-Pompey And here's a report from 7 years ago on his company. Note the reference to Amway - it sounds like a pyramid scheme to me. http://www.goodreturns.co.nz/article/976488236/endeavour-ignores-securities-commission.html

But he's being paid to have a breakdown, whereas Grant, apparently, has only received one month's wages! Again, from the Observer: "Once tax and NI payments are added to the basic £1.8m players receive each month, and other staff wages are taken into account, the club are still shelling out far more in wages than their Premier league TV money and matchday income combined. The chief executive, Peter Storrie, accounts for more than £100,000 a month and earns £1.4m a year"

I'm loving it http://www.guardian.co.uk/football/2010/feb/21/bonuses-chaotic-portsmouth-brink-collapse Especially this bit: "Given the scale of the debts, estimated at £60m, and the outgoings, it appears highly improbable that any new investment or buyer will be found before the 1 March hearing."

No, sorry It's been posted on one of their message boards by someone who has proved right about stuff before. But I don't know if it's (in our world) good or bad news

I've just heard a rumour that there's going to be a statement tomorrow

F1..

venus

mercury

:confused: stamp