St Chalet

Does any one remember the final scene in The Commitments where Wilson Pickett actually turns up after a whole film length of doubt? Knowing our luck I'll be watching Sky Sports News on deadline day and Riquelme to the Skates will be the 11pm shock transfer.

Maybe they will, Maybe be they won't. Irrespective they will probably still get relegated. Interesting point in that article about naming rights for Fratton Park. That could be a whole Golden Thread of it's own with helpful suggestions from TSW.

Correct, Barclays own ABSA

They had a loan from Standard Bank of £24m IIRC. Not sure if this was paid back or refinanced. http://www.mirrorfootball.co.uk/news/Portsmouth-face-pound-25million-debt-crisis-article32475.html

"If the players' salaries fail to arrive on Tuesday then the squad will have the option of serving a mandatory 14 days notice to terminate their contracts."

In answer to the OP's question, no they didn't ever comment. Trust Saints fans to find the cloud in a silver lining!

Good post. The coaches who work with him every day think he has what it takes to be a pro and I think they are better placed to judge than most.

Cheeky beggar only paid £1 to buy the club. Fans to issue winding up petition for remaining 50p.

Google 'Cudicini Motorcycle' for a possible explanation.

Highly sceptical based on this sentence alone. Not even Lord Mahwindbag has this power

Will they last the season? (By that I mean Winter)

But isn't also true that if a Winding Up Petition is served and they go into administration then Lens are likely only to recieve a few pence in the pound so why would they do that. Surely it is better to sue so to try get the money off them. Not at all. A law suit simply determines that the debt is payable, Lens will have a contract that already proves this, hence they can serve a stautory demand. A winder forces them to pay the debt of be wound up as a company Even if they wound up Pompey they would still be behind any secured creditor. You are correct in your ascertion that Lens would get f'all pence in the pound

Cadbury's Gorilla drummer. A real WTF moment seeing that!

If the debt is undisputed (eg a contractual right) the actual recourse is via a Statutory Demand followed by a Winding Up Petition to the courts. All this can be achieved for If Lens require my advice on debt recovery against UK institutions I might be able to provide my services for free this once.

Only if Labour get a 4th term.

The Skates problem is compounded by the sheer complexity of thier situation. It is very suspicious that the Skates have settled the mortgage on Fratton Park. I would have thought that the mortgage would have been a far less pressing commitment than other short term liabilities. Looks to me like they are getting ducks in a row for something, maybe pre-pack admin? Fair play to PES, balanced poster who understands the difference between rivalry and vitriol.

TBF he called it correctly, both for Saints and Pompey

A wage is only a good one if it is paid. Linvoy Primus would have chosen a career ending insurance payment over his prospects with the Pompey Payroll department.

In fairness if my company was in the poo and I had sold two of the company's most valuable assets to another company that couldn't pay and ultimately could go bust without the possibility to recover those assets on default - I'd be made to resign by the shareholders.

Agree. Coldplay are ****.

Technically we could lose 9-8 and still achieve that feat.

"liquidation expert Azougy" Now why would they need one of those?

Marmite player. He is either MOTM or utter ****e. Sounds like he had one of those days today!

Edit. Just re-read the first post. I think Crouch was a shining light in a dim season. Decent striker, good bloke and £5m profit.

Unfortunately the answer is yes. Technically they can make the permanent position redundant and hire in a company (contractor) to supply those same services. Very similar to companies binning their staff and outsourcing overseas to a third party, just on a smaller scale.