Verbal Kint

Depends what the transfer budget is. Any ideas?

Posted by OldSpice on Pompey Online "First of all, I have to say that I am not going to be able to spend a load of time answering questions or responding very quickly to what I am about to write - I am rushed off my feet at the moment and working every day at Fratton Park or on Pompey business. Portsmouth Community Football Club Ltd (PCFC)is the company that owns Pompey. The shareholders of PCFC are 11 Pompey fans (Presidents) who have invested between £50,000 and £250,000 each (totalling about £1.6M) and the Pompey Supporters Trust (PST) which is rapidly approaching £2M investment. The exact percentage of shareholdings will not be known for months as we are still looking for new Presidents and fans are, hopefully, going to continue to convert their pledges and make new applications. The 11 Presidents paid the administrators, on a weekly basis, cash to cover the losses and stop the club being liquidated for a number of months last year. The shareholders agreement precludes dividends and restricts the sale of shares. It also lists a number of 'Reserved Matters' which the board may not action without a shareholders vote, such as issuing loan capital, acquisitions, disposal of the business or varying the rights attached to any shares. These Reserved Matters require a 75% or 90% majority, depending on which list they are in. The original directors of PCFC were the three members of the PST Executive board, Mark Trapani, Ashley Brown and me, plus Iain McInnes who was asked to join with us and invited to be PCFC Chairman elect. We also asked Mike Dyer to join the board and agreed that two other Presidents, Chris Moth and John Kirk, would have the option to become directors if their workload permitted. Happily, they have now exercised that option and are now directors. PST members, which includes shareholders, vote each year for members who stand for election to the executive board. From the elected board, three will be selected to become PST directors of PCFC. The day-to-day running of the club will be controlled by the CEO, Mark Catlin, who will report to the board. You will also probably have heard that Mike Hall has also joined the team as Engagement Manager. Mike Hall The profiles of every director and the CEO are here: Directors Now, the board of PCFC has an extensive mix of skills and business experience and there is no question of there being any sort of split along PST/President lines. Each director will have an equal say in decision making and each will have a free vote should the need arise. All are Pompey fans wanting to make the right decision for the sake of the club they love. A lot has been made about the transparency, or lack of, of the business plan. This business plan has probably been updated more than 50 times as more information has become available to us or other people make demands of us. It has been a moving feast, big time!! I do not expect us to publish the full details of our business plan, as it contains commercial and legal sensitive information - there is nothing any of us can do about that! The latest business plan, which I am monitoring daily, shows us making a trading loss for the rest of this season and next season and achieving a small profit in 2014/15. These losses along with the purchase of the ground and assets, acquisition costs and the mega payments to creditors are covered by the investment of the fans and parachute payments up until the end of next season. Our cash reserve will be healthy next season, even after repaying the loan from Portsmouth City Council, and will be sufficient to pay the football creditors their £8M+ and repay the loan to Stuart Robinson. The loans to buy the ground will be repaid in approx 15 months and the final payments to the football creditors will be made in season 2016/17. To achieve this we must keep to our budgets and have controls to ensure that this is the case. We have to work to increase revenue from fan investment, ticket sales, sponsorship, hospitality etc and minimise costs throughout the business. We have a team of people working, right now, to achieve our aims and I am certain we can do it. Thank you all for the massive support you have given to the cause. Together, WE DID IT! PUP"

"Always the victim, it's never his fault"

I totally disagree with that. We did press them early on but for the first time in a while we came up against a side capable of passing through that initial press. Sometimes you need to give the opposition credit and for the first 25 minutes Swansea were outstanding. After that we managed to get a grip of the game and it is to our credit we were still level after that initial spell

Positionally he is so lacking. Every chance Swansea created came from Dyer on that side due to Fox consistently playing too narrow. It's the same every time he plays and he clearly isn't learning If shaw is fit he should be playing. We can't afford to carry Fox any longer and if we're worried about burn out for shaw then we have to get someone in this summer

They were 5/1 last summer and I managed to get 200 quid down in total. When I'm on my summer holiday sipping a cold beer on the beach it will be truly wonderful to know the demise of pompey fc will have paid for it all. WTFILN

I backed them in a double (300/1) with Crystal Palace in the Championship handicap (pretty much sewn up) so i’ll be cheering on every team United play from here on in. Think we’d need to win 4 and draw 1 of last 6 to have a chance which is a massive ask obviously

70k a week and live in one of the nicest parts of the country. Not a bad life

It isn't a debate. Lambert is ten times the player Carroll will ever be

I think this is where we need Frazer Richardson to be playing as he has all the attributes of a tough tackling midfielder. Maybe playing as a front sweeper

This x1000

So why are you saying we have been in a poor position compared to money spent when all those clubs have spent more on their squads than us?

United City Arsenal Liverpool Everton Spurs Chelsea Stoke West Ham Sunderland Newcastle Aston Villa QPR All of those squads cost more than ours I would think

“The Harris bid would have left creditors marginally better off but would not have required court approval. But the Football League have made their statement and we are ploughing on with the PST offer,” he said. That's a quote from Trevor Birch. I thought his job was to do the best deal possible for the creditors. Not the club but the creditors. If that means the club loses its golden share then so be it. How can he justify, therefore, 'ploughing on with the PST' when he has confirmed the Harris deal is bet for creditors? I must be missing something

5 year contract. NOW please! And give Cork one while we're at it!

The way it was done was disgusting. A good man should NEVER have been sacked in the manner he was, even if Pep Guardiola was replacing him. There is a right way and a wrong way to do things and NC showed himself to be a coward in the way he went about it

Whether he is the long term answer is open to debate, but having been ripped apart early season and written off it's fantastic to see him coming back so strong. The word 'character' is overused in football but he has shown a huge amount of it. Good lad jos

He needs to be taken out of the team for a few games. It's clear that he is still in Serie A mode and needs/expects more time on the ball than you get in this league, particularly in the first half of games when the pace can be relentless. He starting dropping deeper in the first half to pick up the ball in positions where Wigan knew he couldn't hurt them. Have him on the bench to come on when we need him when he'll be fresh and have a bit more time on the ball playing against tired legs. Starting games at the moment he is a bit of a liability

Second half he showed once again what a great player he is. Phenomenal player and is now worth a lot of money

Well said. Cortese out

I agreed with what he said apart from wanting us to go down of course. As an outsider I'm sure he isn't alone in wanting us to get relegated considering our chairman is a complete ******. Cortese has today shown what a classless ****wit he really is, but it won't stop mongs singing his name in a few weeks if we're beating Man City at home. We are the new Chelsea, but without the trophies

The bookies make us more like to stay up than to get relegated....

This

Because player salaries are not very big in Italy these days and it is therefore possible for a club like us to attract quality players from there. Players who if they were playing in Spain and Germany and earning significantly more we would be unable to attract here.

Think it's pretty straight forward really. Adkins identifies positions that need strengthening and it's then up to the recruitment team to identify players. We're looking in Italy because players are getting paid **** all there (relative to premier league players) bar a few of the very best (sneidjer etc)