Ken Tone

This is way beyond my experience. (I've never gone bust, and always pay my taxes!) What is the status of a company if its shareholder/owner company ceases to exist?

Cameron knows lots of PFC fans?! Square that Dune! (Or maybe they are people who work on one of his estates, and he likes to take an interest in 'the help')

I damn well hope he is in trousers. The mental image associated with the alternative is not one I wish to retain.

That's all related to inheritance tax rather than income tax. It's a sliding scale over the 7 yerars, so if he'd died after say 6 years you'd have only paid a small amount of tax.

I think the gist of Mandaric's defence is....... This was not a payment or a gift as such. I was investing some money for my mate, as a loan, which I reminded him later he had to repay. (So the gift/income accruing tax would only be the profit on the investment, "which didn't do very well", ie it made no profit, so no tax due.) This defence is however contradicted by Redknapp's earlier statements to the police denying it was a loan. Meanwhile Redknapp's defence is basically ..." Eh ? What? I don't know nothing about no money. You having a laugh?"

No. I think they'll have to go into admin before the WU hearing, so before 20th Feb. Besides the points cut-off thing is to stop clubs gaining by waiting till they're definitely relegated regardless, before going into admin, and trying to lose 'pointless' points. So the FL can carry them over to next season instead if the deduction would have no real effect in the current season. There is no incentive for Portsmouth to try and wait longer than to the 19th Feb. The 2 big questions for me are: 1. Will the FL only deduct 10 points, or will they do to them what they did to Bournemouth, Luton etc ? --the difference being that the previous deduction was by the PL, not the FL. 2. Will they get a proper administrator this time? Because if so he may well try to release players on frees who might otherwise have been worth a fee, because he'll need to reduce the wage bill immediately to get expenditure down to income. Clubs might take players like Pearce and Ward on a free even if they can't play until next season, because their "wasted" wages for the rest of this season would be less than the transfer fee would have been. (That won't apply to Tel Ben Haim of course!)

Actually, weirdly I think one interpretation of recent evetns shows the club is not being run by AA. I know he seems to have a different view of what an adminitrator does to just about everybody else in the business world, but surely to God, he wanted sell Ward and Pearce? The club's directors are the ones who are putting their heads in a bucket of sand and shouting LA LA LA (not easy to do!) I can't see any other reason behind the club's behaviour other than that they've decided that nothing will give them enough money to pay off their debts and trade normally, so they are planning to go into adminstration again just before the WU hearing. They're betting on losing only 10 points, keeping most of their players for now and somehow struggling through to the end of the season without being relegated. More innocent people will lose money of course, but what do they care? Then over the close season they hope to find a new owner, attracted by a further reduction in their debt through admin, still a championship club, and with more overpaid players leaving as their contracts come to an end. It's an immoral and risky strategy, (especially if they get a proper administrator this time) but with liquidation the only alternative......

Jesus. Is that really true?

Quite. He wasn't rubbish IMO, just rather ineffectual. And in particular he did very little when he was moved to play in the hole when Lee came on. I thought Lee for Connolly should have been a straight swap personally, and when it was clear it wasn't working, Adkins should have brought Hammond on earlier. But, hey he's the manager, and I suppose it is just possible that he knows more about football than me! Basically I think Sharp has been bought to be the player Connolly used to be.

I took that to mean distributed amongst the other premier league clubs, or maybe the other ex-prem clubs receiving parachute payments. I can't see the PL just giving a handout to all the FL clubs.

Another twitter feed said Higginbotham was talking to Ipswich. If he is leaving Stoke, I'm surprised we haven't been linked with him. Would be a useful addition ..experienced prem left-sided defender... getting past it but useful for this season and maybe for next. Always liked his attitude when he was with us before. How does Collins compare with him?

Bournemouth wanted quite a lot for him and portsmouth got him as a bargain price because they had a sell-on fee from when he was with them before, so in effect they got a discount on a price that no one else was prepared to pay. He has now proved himself at championship level, and is btw left-sided (that's specially for you adransfc!).

Would suit me. I've been saying since he was at Bournmeouth that he is worth a look... and it would be especially sweet to take him off the skates. I suspect though that any deals with Portsmouth today will be really messy. No one seems to be quite sure who is in charge there, whatever the offical position, and Lampitt is either(a) a blitheringidiot or (b) has some sneaky plan involving admin at a later date.

I expect we'll just shout Shaaaarp, like we do for Steeeeeve and now apparently, Leeee

wrong thread sorry

Hmmmm

Please explain the Beattie comment

Quite. But if we've really paid that much for a non-league player he must be something special. Is that a record fee for non-league?

Will just return under a totally different name. Look out for 'Davros'

'reluctantnick' says because of wages, which he can't understand because we'd know what he is on, and would expect to pay that during a loan. But if the other rumour that this was with a mind to a permanent transfer is correct, then presumably we'd want to fix long term wages too, and probably at less than he's on now, at a premier league club , especially as he's getting on a bit.

http://newsthump.com/2012/01/29/shock-as-moron-discovered-in-45000-capacity-football-stadium/ If you've never looked at newsthump, try this. Brilliant site all round IMO

I think the idea is that the defence gives the prosecutors a preview, so that they can practise not laughing out loud when they hear it in court.

Except Bunnahabhain (pronounced Boona harven), which although from Islay, does not have that peaty taste. Wonderfully smooth. Highly recommend if stuff at the other end of the spectum like Laphroaig is not for you. (All that peat isn't to my taste.) You can do a lot worse than some of the Irish whiskeys too if you like smooth. Try a 'pot still' one

I don't think there is anything in law to forbid this. However, the likelihood of his being appointed will depend on who puts them into admin .. and in any event HMRC may well object to his appointment.

I also thjink this is likely, after they go into administration. The adminstrator (if it is a real one this time) will sell on the cheap or even just release players, to reduce the wage bill. 'Buying' clubs will take them if they are a real bargain, but not be able to play them till next season. Lampitt and the directors (and surely it is their decison, not AA's since the club is not in admin) ought to be holding a fire sale now. But in typical cheats FC fashion they seem to hanging on grimly in some sort of brinkmanship bluff, hoping someone will rescue them rather than "allow such a great club to go bust". Or maybe they reckon admin is inevitable even if they do sell a couple of players so are just getting as many games out of the squad as possible before the points deduction, and the dismantling of the squad, in the hope they can scrape together enough to avoid relegation. They don't care if their debt racks up a bit higher in the meantime ..they don't worry about moral obligations. In fact the more I think about it, the more that seems to be their tactic. And if the deduction is only 10 points, they may even succeed.