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Chin Strain

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Posts posted by Chin Strain

  1. Now then loyal bestest pompey players.

     

    When we went into admin some of our players volunteered to (and I mean volunteered not got bullied into) forego wages until the club was in a position to pay them, Kelvin for one.

     

    How many of you 'quality over quantity' players are going to offer to do the same to save the club you 'love'?

     

    I think they all deferred wages voluntarily. To be fair under the Football Creditors rule, they were always going to be paid. I guess it depends on what the administrator says to the Pompey players when he meets them....they may just carry on not being paid.

  2. Away from goal? hardly....even Paul jewell reckoned that it should of probably been a red

     

    I've just watched it again and the forwards touch took him wide out towards the touchline, so IMHO that's a yellow by the book, especially considering how far out the striker was. There was at least one defender who was covering.

     

    Going by the natural reaction to a tackle from a keeper like that, I can see why Jewell was relieved, but I don't think from where the striker had poked the ball it was 'denying a clear goal scoring opportunity' (which I think is the rule) - it would have been an unbelievable finish from out there to score, given the covering players.

  3. I reckon that's Vitali's lot. He looked ordinary against an ordinary fighter. I'd think Haye would get in with him and win.

     

    What was Chisora doing spitting water over Wladimir? That's a disgrace.

  4. Didn,t visit Perth whilst backpacking, though if you are thinking of moving to Australia go to Melbourne, best city in Australia by a mile (out of Brisbane, Sydney, Adelaide and Melbourne)

     

    This. Lived in Melbourne in the mid 90's. Plan to go back later in life for some more. Love it there.Perth was good, but way too remote to live permanently

  5. Dim question

     

    1. how do they pay for admin

    2. how do they pay the gas man

    3. how do they pay the polic to put on games

    4. why should any of the staff with mortgages stay and not just feck off

    5. why should the FL bend rules to allow them to gain players to meet fixtures and effectively give them an advantage over clubs who have traded within their means

     

    and

     

    6. what is a reasonable timeframe for events from now on

     

    many thanks :)

     

    I'd imagine:

     

    1. Parachute payment advance will be top of the list. Otherwise, loan out as many players as possible for loan fees

    2. Money in the bank from Chelsea game, PP advance, player sale in Jan

    3. From any money they raise / have

    4. Players...FC rule. Other staff...good question

    5. Sounds like Birch knows the score - everyone out and play with the youth team

    6. Until they run out of money. Player salaries due end of Feb, so they've got a bill of £3m to pay between now and then (2 months salaries). I wonder how they will get on in March, as £3m is a lot of their available cash.

     

    Of course, the reduction that has been quoted down to 10p in the £ for the last CVA will help, but unless they can burn the players on high wages, and can negotiate a deal with Chinny for the ground, they're still in the sh 1t

  6. Much as I agree I really don't think it will

     

    My prediction - a painfully short hearing with admin being granted and AA appointed as Administrator

     

    But somebody, somewhere needs to find the cash to fund admin. It's not just a case of 'yes you can go into admin, off you go'.

     

    This completely and totally hinges on whether the PL will give them the next parachute payment.....which would then be tantamount to stuffing the previous creditors. This is where it's going to get complicated, and I assume then the previous creditors have options available to them.....but I'm not entirely sure what they are.

  7. It's funny that all these thicko know-nothing media types keep on saying how fantastic our fans are. Why would they do that? Why do other teams fans also say things like that? It's all just one big conspiracy isn't it? Everyones been fooled, haven't they?

     

    Oh yes, for sure ;)

     

    Maybe they can't count:spaz:

  8. Lumpy admitted tonight that there are no seriously interested parties at the table so it's difficult to imagine that a 'fairy godmother' will appear any time soon !!!

     

    So assuming Chinny's not going to put any money in (and why would he?)....KA-BOOM

  9. I suspect that the Football League have said that they will advance the payments, if the club are in admin and take the points penalty. If all of the parachute money were advanced, that would be enough for the club to limp to the end of the season and keep the taxman from the door, especially if some of their players are shipped out on loan. Even loans can result in a fee being paid to the players club.

     

    This isn't a solution, but it is effective to gain a bit more time. Of course, come April when the first CVA payment is due, they're in trouble again, without even starting to think how crippled the club would be next season; no PP, low budget for a Championship further reduced by having to pay off old debts. In fact, heresy as it may be, this sounds like my preferred option. Not wound up, just scraping along in misery.

     

    How would they stand if they missed the first CVA payment? Without an 'investor' even if they got the parachute payment I can't see that they could pay the players, pay the taxman, pay the first CVA and get to the end of the season. It just doesn't stack up.

     

    A normal administration would be 10 point deduction. Failing to meet any CVA payments from the last CVA, a wish to have a payment advanced whilst not selling players in the window, would sit very uncomfortably with the other teams in the division. What if one of the other teams asked for monies to be advanced that they're expecting in the summer, just so they could keep their squad together? As a creditor (tax payer), I'm uncomfortable with PPs that have been earmarked for the last CVA, being used to pay players. It basically further diminishes any chance we have of getting the 20p in the £ back. Due to the last CVA the implications of advancing PPs are pretty complex I'd imagine.

     

    There should be some pretty hefty strings attached to any advance of parachute payments - whether that's automatic relegation, or a massive points hit, I don't know.

  10. They can try, but they still need someone who is going to fund Administration, & be able to prove that they are in a position to get someone to take forward at the end of it. Last time they did this Chinny promised to fund it, & that they had promising new investors knocking at the door to takeover. I for one think they have a very different scenario this time. The big question is will the PL & FL let them have parachute payments to give them the time to get by this? And will the courts be quite as lenient this time? Gonna be an interesting week.

     

    The parachute payment advance is key to them being allowed to go into admin IMHO. I can't see Chinny chasing £17m, or whatever he's 'owed' (I'm certain he would have had a chunk of this already via player sales etc) by spending a further £x million to fund them. It's already well into diminishing returns, and I suspect he knows it's time to cut his losses, hang on to the ground, and hope he can flog it for a few million in the future

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