gaz

Re: Intrinsically linked Basically it means could the subsidiary companies exist without one of the parent company? In the SLH/SFC case, the answer was no. Rupert set up SLH to run the club and to generate cashflow through other areas away from football. SLH at one point owned lots of smaller companies such as the care homes, radio station, megastore etc as well as SFC). The Football League closed that loophole and banned the creation of holding companies, but crutially allowed SLH to continue owning SFC as they owned other businesses at the time and could be proven they SLH didn't solely exist for the football club). When SLH started losing money (mainly through the club with the huge management turnover, transfer fees, wages etc), they cut their cloth and did all they could to avoid the losses, such as selling the unneccessary businesses and adjusting the wagebill within the club. At the time, SLH's Admin was inevitable as the club was simply losing more money than it took in, and the club was the only source of revenue for SLH. Thus, SLH and SFC were intrinsically linked as SLH couldn't exist without SFC being there. In the CSI/PFC case its not entirely the same but not vastly different either. CSI also has/had a portfolio of businesses. How much money they make is unclear as Vlad has been the major funding source of CSI, buying whatever he fancies. None seem to have been bought with the aim of making a profit (he leaves that to the banks he owned) so they appear to be things he can say are his. PFC currently exist on the small gate income alone, as their transfer fees have either been taken by the league to pay football creditors, or swallowed up by the black hole known as the PFC wagebill. Now, CSI are in Admin as their funding source has been frozen. It needs to be examined to how much each CSI company makes, to work out how long they have to find a buyer before they too enter Admin or liquidation. In PFC's case, its been publically said that they have funds to cover the ''short term'', whatever that means. They were reliant on CSI's funds to get where they are, but with that cut off, the clock is fast ticking on the admin bomb. Its Handy Andy's job to find buyers of all CSI businesses ASAP. Thus, as of December 8th 2011, no, CSI and Portsmouth FC are not intrinsically linked.....right now. CSI don't exist solely for PFC's benefit, but equally, without CSI's funding, Pompey are screwed and need a buyer within the next couple of months or its Admin time and points penalties again. Exactly how long they have needs to be worked out. Or find about £20m to get them through to the end of the season.

Woolworths had history. Pompey are screwed.

Once again, our resident thick troll bleats that its ''the FL's fault for letting us do it!!!''

Prove it, because when the link was posted here, you dismissed it as nonsense and unbeliveable.

Some Cov responses are priceless. Honesty not taking the **** why would you live on the south coast and chose Portsmouth as you city of residence? You have: Southampton- Very nice city Bournemouth- Lovely place Brighton- A bit fruity but lovely place. Torquay- Lovely place Weymouth, Pool, Sandbanks and Swanage? You must be ****ing stupid!

Tick Tock. With every second, the pounds are flowing out of the club. With every free ticket, the pounds are flowing out of the club. Those ''quality over quantity'' are bleeding the club dry. Tick Tock....time's almost up....

Weighed in for scrap metal. The roof is going next.

If its cost £10.8m for the first half of the season (and we're not even halfway here), then its around £21.6m to complete it. Without Vlad, they'd have needed to pack Fratton week in week out with full priced tickets to cover that cost. As mentioned, many many many times in this thread, the numbers simply don't add up.

Japanese Yakuza. Or dodgy Thai.

FL: So, is CSI and PFC one and the same? PFC: No of course not. Don't be stupid. We can stand on our own two feet without Vlad's Millions. FL: Oh really? PFC: Ya really. FL: Prove it. PFC: Simples, we're getting 14,000 a week. FL: But of those, only around 6-7000 are paying full price. PFC:...... FL: And you've got an squad of high earners. PFC:....... FL: Those toliet improvements didn't come cheap did they? PFC:......erm...... FL: So how are you a solvent concern? PFC......*mutters about the bestest fans in the world*...... FL: Will you even make it to the next payday? PFC: Wanna buy a football club?

Quote from a Skate board: http://fansonline.net/portsmouth/mb/view.php?id=390213 Reminds me of: http://rumafia.com/material.php?id=220 And now it all makes sense. The Lativians may have forced his hand but this has been the plan all along.

They'll need to sell a lot more penis shirts to cover the wagebill this month.

And claim he was trolling as a Saint on the main board, whilst posting from his wifes laptop, of whom he occasionally sees every two weeks or so. Oh sorry, he's spouted so much BS on this thread, that I've lost track.

http://www.saintsweb.co.uk/forumdisplay.php?12-Computer-Games

Google ads are calculated based on your internet history. So instead of pointing the finger at the forum, you've drawn attention to the fact you've been looking to date a skate. Well done.

No human rights issue (though making the fans go to the FP dump....(I mean, Arena) is enough to count surely?), but if convicted, could Vlad be worse than Thaksin?

Good choice, I've got a T3 myself, Xray are quality.

I thought it was for colourblind players? Refs know which card is which as yellow card is in the top pocket and red in the back pocket IIRC.

Raleigh Chrome Burner Mk1 (this very one!): And a Tamiya TL01 with the Calsonic Skyline GTR R33 body (this is the same box, the car is long gone now): Still racing in RC, 15 years later. Tamiya have re-relased a lot of older buggies so you can still buy brand new Hornets, Hot Shots, Brats, Frogs etc.

Lots of dodgy penalty decisions, sending off Taricco was harsh on Brighton.

Gus should stick to looking after his own team, rather than crying about other teams and/or making himself out to be a racist bigot.

Can't wait to see what Gus has to say about this match.

This is taking the pee. Saints are f*ckin' amazing at the moment. Champions?

Saints much more confident on the ball than BHA, moving it around with zip and pace, working for an opening.

Nervous laugh....