saint si

Attendance 4,527... surely some mistake? They had 9,473 the other day and everyone knows the skates are the biggest fixture of the season?

No you're spot on. Even more stark: Labour = £1.97m Income = £1.85m Though note that the Football League Basic Award Distribution appears to be annual, so take half of that on the income side.... Income = £2.2m Wages as percentage of income... 90%!

Sounds about right - Cov's rent is something £1.28m.

So this thing about the FL softening its stance... plus the difference between approving a bid and awarding the golden share got me wondering... What if the FL wrote to Portpin something along the lines of "the FL has no authority to determine who PKF chooses to sell PFC too, and PKF is free to sell the club to whichever bidder it wishes"...? This would be an entirely accurate statement and not at odds with their public statement of "We are not considering alternative applications for the transfer of pompey's share in the League"

"Pompey boys" in the good times; money-grabbing villains in the bad...

Bartosz Bialkowski.

That sounds mightily familiar...

As they plummet down the leagues, the retention of the golden share is of less and less importance to them anyway. The way they are headed they'll be out the FL in 18 months' time anyway.

How about - if you fail to pay an installment due for a player, the player's registration immediately reverts back to the selling club and/or the player becomes a free agent - you can't play any players that you are not up to date on wages for. Two strikes and the player becomes free agent.

Use 3G and your IP address will just be that of your mobile carrier - nothing to do with your location.

Yes. Imagine any other industry... Acme Limited has gone in to administration twice, but carries on trading under new names each time (Acme Holdings, Acme International), and as a result, HMRC is out of pocket to the tune of £50m (or whatever). That alone should be enough to create widespread disgust and condemnation. However, not only that, but the local council has then agreed to loan Acme several million pounds in order that Acme can buy some assets that it doesn't want to have to rent. AND local MPs have also stood up in parliament and committee to defend Acme and seek government support. It is completely and utterly ridiculous.

Yes, the PL clubs! What could we buy with our share?

And the point they are utterly missing is that the PFA is a union. Show weakness here and they will have given away negotiation leverage for the next time and the next time. And would expect the PFA has some kind of insurance scheme that will ensure the individual players are not impacted by the negotiation. Same reason HMRC will not accept 99p in the pound, and would rather petition for winding up. But anyway I thought the bid was fully funded? What's the problem?

Damn! Oh well, only a mere 20 point gulf between them and safety now, with 14 games to go...

http://www.bbc.co.uk/sport/0/football/21411506 Perhaps they got the wrong club through some internal mis-communication. "yes, you know that club with all the amazing history that's now scrambling around in league one? they're behind on their taxes again!"

This. Fox came up for an earlier corner with his arm aloft too. Execution was terrible though ... by which I mean the fault lies with Davis who took it, not Fox.

No idea what result I want today. We're only 3 points behind West Ham, and they still have to come to SMS, so I'd say they are very catchable. But that the same time, putting daylight between us and the bottom 3 could be so important...

Agreed, but the driver of rent is the value it gives to the renter and due to it being used for football, and only football, that will heavily skew things. For example that a club like Walsall would find it relatively easy to ground-share if they couldn't pay their rent, with plenty of either sizeable stadia within a few miles. Whereas the skates have essentially no other option - H&W would probably be the best they could hope for. Furthermore as long as the Trust - which is the only option for the club to exist - insists on having Fatpipes Park, and accepts no other option, then surely the value of FP is very high to them. Much higher than if there were other options on the table. Anyway, I picked Walsall as that's another club I was able to find rent figures for. £360k back in 2009/2010 according to wikipedia. So using the same 10% figure, that would give a valuation of c. £3.6m. FWIW, I would think 6% is a more realistic rate of return - valuing the Bescot at £6m. Given it was built for £4.5m back in 1990, that sounds about right. So somewhere between £6 and £10m for Fatpipes? Roll on the 14th!

So one way to value it would be to look at what clubs of similar size that don't own their stadium pay in rent. Then turn that in to a valuation through typical rates of return in the property market. Example: http://www.bbc.co.uk/news/uk-england-coventry-warwickshire-20616466 Cov pay £1.28m a year rent. But cov are a bigger club so let's put fat pipes at 1m a year. Suppose a (very) healthy 10% return pa. That would value the ground at £10m...

Wow, and there was me thinking they were confident their valuation of FP was fair and reflected market rate.

On the fence - he's put in some absolutely fantastic performances as well as some poor ones. One of those players (like Puncheon) who seems to be great when things are going well, but disappear a bit if they're not. Definitely think he's struggled to adapt to the English game... in particular a lack of protection from refs. Countless times have seen him turn on a burst of pace, get a nudge or block and go over, and he's expecting a free kick that doesn't come - sat there looking at the ref with his arms raised. Yesterday he wasn't great, and though the finish was poor, how many other players do we have - or have we ever had - that would have made a bursting run through defence like that? He also played an absolutely sublime pass to put Rodriguez in down the right a little later in the half. Has shown flashes of brilliance and needs more consistency. But if he finds it, he will be a heckuva player.

****ing get in you ****ing legends!

Southampton team: Boruc, Clyne, Yoshida, Hooiveld, Shaw, Puncheon, Schneiderlin, Cork, Ramírez, Rodriguez, Lambert ©. Southampton substitutes: K. Davis (GK), S. Davis, Fox, Ward-Prowse, Lee, Lallana, Richardson.

Just a couple of snippets I noticed on the FAQ from the Community Pompey website... http://www.communitypompey.co.uk/faqs/ A loan to the Trust was approved in principle by Portsmouth City Council in August, but the strings attached made this ultimately an impractical solution. So what has changed to make this a practical solution now? The business model assumes League 1 football for the next five years. In practical terms relegation does not have a huge impact on external revenues (eg TV money) and a successful side in League 2 would, more than likely attract larger gates than a struggling League 1 club. Yes, good luck with that. And what about a struggling or mediocre League 2 side?

Ideal scenario would be that PKF were working from PFC's financial records in assessing what was due to creditors, and that PFC's records carry no mention of the floating charge, which then results in them being done for financial irregularities.