Weston Super Saint

Funded by? And if the answer to that is Chinny, then why isn't he coughing up the dough now to pay the wages and tax bill? If he thinks admin will mean the tax bill is written off / down he's being ill advised as HMRC are currently owed the same as the other other creditors - players and staff - so they will have a casting vote on a CVA.... They're in a whole world of ****e. I'd love to see how they get out of it this time, and fair play to the person who manages it!!

I'm surprised you were listening to BBC radio. Surely you were busy getting yourself settled in at St Andrews at that time, and getting ready to cheer Pompey on weren't you?

Not at all. HMRC are not tyrants wishing to destroy every business that gets into trouble. I'm sure if PFC put forward a realistic payment option, backed up with proof of funds - which presumably Kettering have done - then HMRC will be more than willing to drop the WUP. I'm guessing that since they have no money and no realistic way to raise the funds, then they are unable to present a plan for repayment to HMRC. HMRC then only have one option, to get them wound up ASAP so as to reduce their losses....

So..... Chinny paid nothing for the club at all - when I stated that about 500 pages ago I was called a bedwetting conspiracy theorist Some reports say he paid £17m for the club - coincidentally the exact same figure he 'won' from daddy in his court case - so even if that cash went to the club it wasn't his anyway, so net outlay from Chinny of £0! So, tell me, what exactly does he have to lose? He's paid nothing at all, and owns the stadium! Whether he sells that to a developer or sells it to PCC under a CPO, he's still paid no money at all, and gets a few million in his back pocket for nothing. Is he better of ploughing millions of pounds into the club to keep it running until a buyer can be found, let's face it, you've been trying to find one for three years now and still no luck, or should he just liquidate the club in two weeks time, pay no money at all, and eventually receive a hefty wedge into his bank account? I'm no hard nosed businessman like 'Arry is, but I know which option I'd take!

My guess is he's referring to the cash he gave them at the end of December / beginning of January which is apparently true. That would have been used to pay December's wages - but not the NI or tax! - and maybe he's claiming that it was for January???

More fluff and bluster for the phew to vvank over is all that is! He is quoted in that article as 'having paid the January' player's wages, but we know this is b0llocks. He also states he will have a much better idea of how things stand when he comes to england this week. What a load of guff! I'm pretty sure AA can email him all the relevant information and explain what it means over the phone, I fail to see how traveling to England will make things clearer! However, if AA hasn't been telling the truth - like he would do that! - and Chinny wants to come to England to check, he may not like what he finds when he gets here! His whole comments seem very dubious to me, and he's trying to make out that he doesn't really know what's going on! That wouldn't seem to fit with a guy who managed to get a charge raised over CSI the day before the information about the company came out! Don't be fooled, he knows EXACTLY what is going on, EXACTLY how things stand and EXACTLY what he wants / needs to do to ensure he gets as much money as possible! He doesn't give a monkeys about Pompey, never has, never will! Luckily for him though, most of the phew are stupid enough to lap it up when he states how much he loves them!

Because the funds are kept in a third party account for a certain amount of time - ie they sit in the bank account of the card processing merchant, such as streamline. Only after a period of time will they be transferred to the club's bank account. My guess is that since the bank accounts were frozen - on the 3rd jan? - then the third party credit card merchant wouldn't have been able to deposit any money into the club's account anyway as frozen presumably means no deposits or withdrawals. Therefore any card refunds should be possible from the merchant and wouldn't have anything to do with the club.....

No more interesting than the reason why Money Penny has got herself in to this debate. After all, she IS the MP for Portsmouth North, whilst Mike Gob****e is the MP for Portsmouth South. Forgive me - I didn't do too well at geography GCSE - but I was under the impression that Fratton dump is in the South of the people's republic of Portsmouth. So, why the hell has Miss Money Penny felt the need to open her mouth on this issue? Shouldn't she be more concerned about the schools and hospitals that will be missing out because of the lack of taxes being paid in the South of Portsmouth?

Fortunately this time, that £17m is stated as the amount they paid for the shares - 100% of PFC shares owned by CSI. I guess that means that no matter how much AA inflates this debt - perhaps he's doing so, so that chinny can write it off against tax for his profitable businesses? - it won't mean a thing when compared with HMRCs debt, so even if admin was sought, HMRC would be the major creditor and would have control over what happens next. Unlike last time when they mysteriously ended up with less than 25% of the total debt so couldn't vote against the CVA. Just ask Rupes what happens to the value of the shares when admin is declared

There's that magical, mythical £17m cropping up again! Tell me, how much did Gayboy 'sell' PFC to Chinny for? And how much did Chinny 'win' when he 'sued' Gayboy? Oh, that's right, £17m! Funny how everything to do with Pompey owners always comes back to the same amount of money!

Hehe, I 'tweeted' Rory this afternoon about that very same thing Perhaps it prompted one of his colleagues to look into the matter and find out the score. So, AA was confident of a buyer within 48 hours - six? weeks ago! - and that didn't happen. Then he was confident the empty bank accounts would be unfrozen in 24 hours - that was on Monday! - and that didn't happen! Please, please AA would you state how confident you are that the skates won't get liquidated or relegated

I think you misunderstood the question! The question was : "tell us about this bit of land that pompey own that Tescos is willing to give them £20million for" Nothing in that link says that Fratton dump is worth £20m - quite the opposite in fact, as that article alludes to the council issuing a compulsory purchase order, something that the council has since stated it is not prepared to do as it doesn't have the cash! (probably something to do with missing millions of pounds worth of taxes ) Any other patches of land that PFC own that Tesco's would be willing to shell out £20m for?

If this was a Pompey website, you'd now be b-anned! Luckily, we're far more tolerant on here of our fishy friends Might I make a suggestion for the next time you email one of the leaders of our country? Perhaps you might like to include a proper sentence structure. Maybe even add a few paragraphs. It would make the reading of your prose a lot easier and maybe won't be confined to the 'trash' bin? Just a suggestion though Anyway, welcome aboard this epic tale. Can you confirm that you are also convinced that Pompey 'will be fine' and there's 'nothing to worry about at all, no siree' in the same way as the corpse and PFC123?

Would love to see what she has to say to those points....

I say unfreeze the bank accounts. Let them have their access, which they blame non payment on. After all, Admin Andy has been telling the world since before Xmas that they have a 'cash flow' problem until a new buyer is found. What are the chances that a club that has had a cash flow issue since November is actually going to have anything tucked away in a bank account, let alone 3 or 4 million quid! Having the bank accounts frozen is just giving them another excuse not to pay. If I were HMRC I'd go to the validation hearing and say 'no, your honour, no problem at all in allowing them to have access to their bank accounts, after all, they'll then be able to pay us what we're owed'. Call their bluff and stop giving the DFCSBs excuses! We all know they won't be able to pay, then HMRC will have even more ammunition for the WUP on the 20th - 'we let them have access to their bank accounts and they still couldn't pay the bill, insolvent m'lud'.

Of course they do! They don't own it, so why would the toilets not be in perfect working order? I suspect though, that having the toilets serviced and stocked would be part of their rental agreement. One can only assume that if he who shall not be named is going to Asda to get bog roll, then they haven't paid their rent

Don't worry, Comfy Chair got that one answered for you

They really are inbred retards Half the 'fans' are moaning about HMRC for 'picking on' them by issuing a WUP so soon after they defaulted. then you get morons like Steve the **** asking how HMRC let them build up the debt! The level of understanding - or not - down there is immense!

Not a shame at all Any court that decides the club are trading whilst insolvent and the debt can be claimed from Lumpitt Excellent news indeed as finally one of the dodgy people in charge of the club could get their comeuppance. So, PFC123, still think things are looking rosey and that 'you'll be fine' - or fined

Problem with the points?

You seem to be forgetting.... Bonus = £1m - to be paid by tax payer Tax @ 50% = £500k - to be taken by HMRC NI @ 10% = £100k - to be taken by HMRC Therefore net cost to taxpayer = £400k, puts a bit of perspective on things

Not sure that Chainrai is even an option now. In the past he has leant them money [lol @ ludicrous interest rates], but he has ALWAYS been able to secure his loans against assets [sic]. Two problems with that now, they don't have any assets left to secure against and even if they did a charge cannot be registered over them now the WUP has been issued and the case heard. That means Chinny would have to lend them the money and hope he gets it back one day. He's not stupid, so that isn't going to happen, which would explain why AA has gone on record stating he won't be helping out! So that just leaves : 1. Wealthy lunatic that's got money to throw away - haven't seen many of them! 2. WUP becomes WUO = toast. 3. FL advance them more money to pay off HMRC, which will leave them short of cash in a week / month or two = toast.

Just a thought, but didn't the 'Arry trial get put back a couple of times? Anyone willing to bet the Spuds chairman had a hand in that to make sure 'Arry was otherwise engaged during the transfer window, to protect his bank balance?

Because it's around £160k 'invested' in Monaco isn't it? Therefore someone who earnt £1.5m like 'Arry did at Pompey will be paying the higher rate plus NI on top, so it's closer to £80k than £30k. Greed, pure and simple.

A 'F**k you and F**K this F**k*ng forum' comment would fit in nicely here - Sorry Panny, couldn't resist