St Chalet

Surely a football related debt. Maybe the PL can pay him out of the TV money?

My business charges VAT on transfer fees of all IT contractors, as you rightly say this has massive implications on all sorts of other industries. I cannot believe that no other club or bean counter has challenged this thus far. As Phil says, this is about cash flow and stalling the winding up petition. I am 100% that the only case they may have will be Barry's.

Wow, challenging the whole VAT system, won't be quick or cheap! Deloitte seem pretty clear on the matter (page 15) http://docs.google.com/viewer?a=v&q=cache:NQaRh1hyy1kJ:www.thefa.com/TheFA/RulesandRegulations/FARegulations/~/media/Files/PDF/TheFA/FAU_VATFootball.ashx+is+vat+levied+on+football+transfer+fees&hl=en&gl=uk&pid=bl&srcid=ADGEESjm5st16GO0BoXyVgF6MNjxiqiubzI0pEcVZwkj13ehYvGpubti2x0zsuSWHFqJ09aKOL-r3XaML3BBGBUIlKSQwe0WhcHfWvQGlyifsBARud20lHK5RYmgH_w1pK7jJVHDPDdc&sig=AHIEtbQ1pf8Sge00FptTXems_ecYSsAOlQ

To all those having a little whinge about what may have happened, would you rather have NC or Mark Jacobs running your club? I rest my case.

Pompey were assured of 3 seasons in the Prem - Autumn, Winter and Spring.

My money is on Danns. If it is Ward the NC has had his revenge on the media!

Official Saints Twitter says he is a right back.

Rumour has it Coventry are in for Utaka, he was awesome for them tonight in preventing Pompey scoring.

Exactly. News was likely embargoed and they have broken this.

My Palace mate (who says he is ITK) says that Danns is having a medical with us today. Don't shoot the messenger.

Storrie believed one of those Nigerian hoax e-mails about a vast fortune. "Just award my brother a £23m contract and we will wire you back his fortune"

Every chance, they are specialists at unpaid labour.

Suggest Sotonjoe removes the photo's from his photbucket account. I appreciate the Genie is out of the bottle but it wouldn't hurt to remove. Reminds me of the 'Mystery Trialist' at Cheltenham all those years back!

Agree. It could be: a) foolish b) someone he trusted c) a fake Any of which will not help any deal (unless it has been done)

Ridiculous idea to post the screenshot. It makes the club, the fans and the player look foolish. Anyone truly ITK usually only stays that way if their sources trust them.

So Pompey are effectively a vehicle for shifting funds around. A lot of money from transfers vanishing. The cuuent wafe bill being £25m or so doesn't explain all the other fees. The Premier League are the only ones able to confirm Al Faraj actually exists. A lot of Arcadi's chums are involved. What happened to his last club? It doesn't look good.

Didn't he say that Avram will only sell players if he thinks there is fat to trim in the squad. Also he has never met the new owner. PMSL.

"In [Arcadi] Gaydamak's business dealings in Israel, Milstein plays a mediation and logistics role. Thus, for example, he took an active part in Gaydamak's purchase of the controlling interest in the non-kosher Tiv Taam food chain for some $100 million last week, together with his good friend Roni Mana." http://www.haaretz.com/hasen/spages/871237.html

Add Udinesse to the tick list for £2.1m then!

http://www.saintsweb.co.uk/forum/showpost.php?p=525310&postcount=3928 Agree - there is something very fishy here ;-)

Just suppose you sued someone and won £16m. Just suppose they couldn't pay from the usual channels. Just suppose the debtor suggested to the creditor to make a loan to a football club without actually paying in any funds and using their stadium as security. Thus allowing payment of debt through legit funds. Didn't Chainrai always maintain he had no interest in a football club?

Did he lash out at the offender?

My Palace supporting mate reckons he is "Solid Championship player". If true, it is good we can attract this type of player.

Corrected it for you.

I hope they insisted on cash or credit card.