Ken Tone
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Everything posted by Ken Tone
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Argentina upping the ante on the Falklands....
Ken Tone replied to doddisalegend's topic in The Lounge
Surely Argentina cutting off own nose to spite face? Refusing entry to a cruise ship will cost thousands of pounds to the local economy, and nothing to P&O or the Falkand Islands. cf the argument between Liverpool and Southampton -
Argentina upping the ante on the Falklands....
Ken Tone replied to doddisalegend's topic in The Lounge
Beat me to it! In short the view seems to be that we'd be very unlikely to lose the islands to an Argentinian invasion with current defence capability, but if we did they would also be bloody hard to win back. -
Yeah. I did the sums before the match. It makes no direct financial sense unless they really do 'pack the park', but birch will be reasonably happy if it loses him nothing and gets a 'poor pompey; how can we give them money' feeling going in the city. And in fact they didn't get many extra. Bear in mind that there were 3000 Leeds fans there , and that's just the ones in the away end What this has shown is that they only have about 13-14k reasonably loyal fans at the moment ..no more. That may well sink lower yet of course.
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I had the same thought. Eventually came to the conclusion it was £0.5 million. The administrator surely would not have been so imprecise as to say 1 to 2 million. 'By april' may well be vague though. This could mean that Birch has sorted things to just about get to the end of the season , but then in April, with no more gate receipts coming in, and the players' deferred (not 'cut') wages coming home to roost, they will be scuppered.
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Depends just how broke they are. Birch seems to be proper administrator unlike AA. He has cut 'office' staff and apparently temporarily reduced players wages by 25%. Will that mean they have enough cash to see them through to the end of the season? If not, expect more loans out like Huseklepp's. And if so it will have to be loans of their reasonable players on reasonable wages or no one will want them -- plus even West Brom won't lend them many more on the cheap to replace any outgoings I suspect Birch himself does not know yet. He will for example be waiting to see what the net effect on income is of his "slashing" £5 off their tickets for the home game tomorrow. Some interesting sums there. I reckon that just about makes sense if they sell the extra 4000 or so tickets to get to capacity. Much less than that , and he'll be making a loss by the reduction. I think he's gamblng on trying to get a real "rally round the club" feel going that will bring benefits in terms of greater attendances at full price later, and maybe other help from the community... tolerance from local creditors etc If they only get say 16 to 18k tomorrow even with 3k Leeds fans there , and then lose, things could get quite interesting again.
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http://www.portsmouth.co.uk/sport/pompey/pompey-past/norris_closes_in_on_blues_return_1_3556106 Well surprise, surprise! Now that they've conned the FL into allowing them to sign a loan player to replace huseklepp, "because otherwise they haven't got 14 players", several of their injured players are suddenly fit again.
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Looking at the 'players agree to defer wages' news, this is noi so good for them long term is it? It may well help them get through to the end of the season , but whoever buys them will immediately have to pay significant back pay to these players (as well as continuing to pay their ludicrous full wages till the end of their contracts.) Makes them even less attractive as a purchase. Meanwhile the players are taking a risk. They are only safe as football creditors if the club continues to want a golden share and play in the Football League. If liquidation happens, say on the day after the season ends, any successor club will not get a golden share anyway, and will start out of the FL, so there'll be no need for it to pay football creditors the full amount; they'll just become ordinary creditors surely? The football creditors rule does only apply within the football league doesn't it, not to the conference etc?
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To be fair (copyright D. Merrington 2001) I think he also said some full-timers were being made to go part-time. So in effect there are more than 33 FTE jobs going.
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Which is why Appleton won't play any youngsters, because if he does they count as first team squad memebrs and count towards the 14. Even now they are still cheating ..or at least manipulating the rules. Birch presumably will be quite happy if he gets rid of Huseklepp's wages and Appleton manages to con a mate into lending him another player almost for free, especially if that helps them stay in the championship and therefore be a little more saleable. Mind you even if the FL is caught by its own policies over this, they ought to only allow an emergency loan until PFC's other players return to fitness, so they clock up 14 anyway. Cue many lingering 'injuries' that mysteriously won't clear up.
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and no advert breaks!
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This no parachute payments stuff is surely just someone on a wind up?
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Could have used a spell-checker though! Doesn't help credibility to have that many errors. And why no mention of the fact that we used to call them Scummers? I still don't know why that changed.
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Is anybody on there actually a real pompey fan?
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Only about 1 in 5 of mine are getting through. Am trying different user names. "Goebbels" wasn't a success, so now trying other variations of Corp Ho
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It means he CAN play ,but if he did the FL would count him as a first team player , giving the lie to PFC's "smallest squad in the league " nonsense, and stopping any hope of them getting in more loan players
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Yes, as said before, all a developer need do is make a token gesture of giving a scrap of land elsewhere in the city for 'leisure' and all will go quiet. Companies like Tesco's fight these sorts of planning restrictons every day--and they usually win.
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Nice comparison on the News site comments....... 35 [h=3]cd74[/h]Tuesday, February 21, 2012 at 12:01 PM Thought it would be interesting to compare Coventry's squad as they have been mentioned a bit. They have a squad of 28, seems good to me, but look in a bit more detail and that squad includes 4 keepers, 2 of which are former academy keepers age 23 and 19 who have 2 appearances on the bench between them. There's then Her man who played 2 games and is out for the season, Eastwood who has apparently been unfit all season and is only now on the bench as they have no other options and McDonald who has played 5 times and been injured for most of the season. They have recently signed 2 loanees who are both 20. A further 9 players are under 21 with 5 being academy players. They have an 18 year old who has played 19 games and another who has played 22. Of course that's before you consider all the players they've had to let go as they can't afford the wages and the fact that they have a scout as a manager! When you look at it that squad of 28 looks pretty similar to ours if Appy would put the kids in. I'm sure he wants to protect them but equally I'm sure the other teams do as well! We need to be careful, if we keep on like this I can imagine other clubs asking questions and it could do more harm than good esp when the league still have the option to take more points off. Report Unsuitable
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Or even ,is it only that small part of February's pay since the administrators took over that will be paid, with the bulk of that also going into the debt bucket?
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Well yes ,but there is a maximum to the statutory weekly wage used in that calculation. ie employers do not have to pay to more than £430 a week Many do pay actual weekly wage, but they do not have to do so legally. In theory you could have a player on £30k a week, whose been at the club for say a year, getting only £430 redundancy pay! However a) it would probably be considered to be reneging on a football debt by the FL, in not honouring the whole contract, and b) it would be very difficult to argue that any post of footballer at PFC was really redundant, when they are saying they do not have enough players. The 'poor bloody infantry' staff in the back office etc, though, I'm afraid should be feeling very nervous both about losing their jobs and about how much redundancy pay they'll get if they do go.
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Errm ......not to mention that it does not say 'Gibson' on the neck head, even thugh thew shape is that of a Gibson Les Paul. Presumaby it was his Christmas present and by now he's realised that he can't actually play it like a video game.
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I think pretty much everyone gets it and fully understands the significance of the song. However, in the Chapel and most of the Itchen and Kingsland stands there are many families etc who are not happy singing the f word.
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Sory to repeat ,but never mind what the second hand sources say, the FL site gives no indication that they are currently considering anything more than the 10 points. http://www.football-league.co.uk/footballleaguenews/20120217/pompey-given-10-point-deduction_2293334_2614922
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http://www.football-league.co.uk/footballleaguenews/20120217/pompey-given-10-point-deduction_2293334_2614922 Nothing on the FL web site to suggest they are even considering more than a 10 point deduction for now. As others have pointed out pretty much all the precedents for greater penalties show those happening at the start of the following season if admin hasn't finished 'tidily'
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Insurance becomes invalid if you don't pay the premiums. Come to think of it , are the players properly insured against serious injury? Is that handled by the PFA or the club? What if one had a career-ending injury against Barnsley?
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Well they are creditors. The only way in which they are a special case is via the football creditors rule, which is a football rule, not a law. So if the club is liquidated and thus there is no need to persuade the FL to give them their golden share to play, the players join the rest of the queue with no preferential treatment. As do the other clubs waiting for their transfer fees etc --even the small aussie clubs waiting for their share of the money from the only transfer out on deadline day. (Notice how this fee is magically part of PFC's cash flow and assets, but the fact that most of it is actually someone else's money is ,typically, ignored.
