Gingeletiss

Classic......so Mods, where is the thread/sticky for all these classic strips/cartoons etc. A must IMHO.

Lol..............love it!!.

I guess it's 'the c*nt with the bell'..that's my guess;)

Again, I stand to be corrected, but the WO was presented to the court before Chairai came on the scene, my take is, that it is at that point the clock stops, not when they go to court. Again, I stand to be corrected.

Can somebody please post, as to how many minutes of stoppage time there is!!!

Very VERY quiet from Jock the troll!!!!! Ooops and there he is!!!

2-0.......

....and again!!!

Yep!!!!!!!!

Lol....I said that, and was poo pood by the masses on here. Still, it's nice to have it said again;)

15537 So that was you...I had already posted the conversation!!!

I suspect MLG, that the courts may have something to say about this. It may be seen as an illegal transaction, in removing one of the companys assets, in the likely event of liquidation. I bring us back again, to my understanding of the winding up order. My take on this, is that if they are found to have traded illegally, then all transactions since the submission of WO, are also deemed to be illegal. I stand to be corrected. If true, then the transference of nottarf krap to Chainrai, will also be illegal.

Here we have yet more examples of the 'head in sand' syndrome.... MohamedCohen Posted on 20/02/2010 12:34 Administration is the ONLY way to get rid of the parasites. Email Message To A Friend | Reply To Message Lard, you're so way off of reality it's frightening. Once PFC go into administration there'll be QUEUE of people wanting the business as administrator. The debts are extinguished, the assets remain (players contracts etc.) and therefore an administrator could easily get in some short term finance to run it until a buyer is found. IP: Logged stayinupforever Posted on 20/02/2010 13:00 Administration is the ONLY way to get rid of the parasites. Email Message To A Friend | Reply To Message Administration is definitely the only way so why are we prolonging the inevitable.We are likely to go down anyway so let's go down in style. We do need to keep some of the better, less well paid players to have a chance of getting back up sooner rather than later and maybe even some of the higher paid ones would take a cut just to play for us (Jamie & Jamo for starters?).After all most players want tom play week in week out in a winning side. I would support admin TODAY. So now they believe that O'Hara is really theirs..........

They still don't get it, do they.......HELLOOOOO!!!!!! HMRC want ALL their money.

nick...your tacking again!!!!. This not about the tax being paid. The registrar also said about all debts being serviced. The PL will not pay the tax, nature of the beast and all that, clubs in future, will use that precedent as a safety blanket. The game is up for Poor smouth IMO, they have used all their trumps.

More to this IMHO, I think this is in part, the response by MR Man, Mr Twitch, and the Storry teller, in the press, to their being investigated. I think the HMRC, are really flexing their muscles, and Poor smouth were doomed from October. HMRC, could of done this in the summer last year, chose to give them more time to pay, knowing they couldn't. I think the HMRC have played the long game, PS was not watching the left whilst shaking the right.

I have the voice activated B&W Parrot, top bit of kit. The colour screen is larger, but, hey, if it aint broke don't fix it.

Ummmmm!!!!, lots of little eddying circles taking place on this thread now. Same questions resurfacing. My understanding of this WO, is HMRC saying to the PL/FA, yep, you have won the right to pay footballing debts first, so now it's payback time. We will close your clubs down one by one, unless you pay on time, we are not the bank of HMRC, we do not lend, we do not give credit. You used the law to take us out of the loop, we will now use the law to teach you a lesson. PAY UP POMPEY...POMPEY PAY UP!!

As below................ HMRC want the club wound up NOW because their exposure is worsening as each day passes and because they are no longer qualified as a preferential creditor but must rank pari passu (on equal footing) alongside all other unsecured creditors. I believe the only way around this is if the PL were to deposit the Sky parachute cash into an "Escrow account" for them until the payment becomes due to PFC and other Prem league clubs simultaneously. However, such escrow would HAVE to have the written agreement of the other creditors otherwise it could be overturned by a court that determined HMRC was being given preferential treatment over other creditors because, without new investment, subsequent administration now is inevitable. So, you might ask, why aren't we put into administration now? Well here I think we need to understand the power of HMRC. If they can prove we've been trading while insolvent, which shouldn't be too difficult, then the DIRECTORS become PERSONALLY liable specifically for the PAYE portion and HMRC can pursue them for recovery. Therefore, we now have the logic for trying to open up our ability to sell players outside the transfer window. If the directors have this route open they could use this to argue that we are NOT insolvent. Meanwhile, Tanya having resigned her directorship within the 6 month prior to our final demise will almost certainly be personally exposed as well as Al Fahim who is now contemplating his own resignation. This stated, HMRC usually only go after the deep pockets and they would consider Tanya "a woman of straw" and NOT pursue her. However, they'll realise she could help their case against Storrie et al and they'll put the squeeze on her for sure.

Arse an all, are in need of a goalkeeper and striker, Liverpool in desperate need of a striker, Man City need to buy players in all positions;)...so if the PL via the FA via FIFA, allow Poor smouth to trade, they will have to allow all to trade. If not....BOOM!!!!!!! the sh1te will well and truly hit the fan.

Not a dig, but My understanding (based on conversations with a Lawyer), is this whole Sof A, is for the now (Wednesday 1600hrs), not the future. Are they insolvent now, not will they be in two weeks time, or next season. The die have been thrown, all this is wriggle room, and Mr Storyteller, at his bullsh1tt1ng best.

nick, you change tack, like a lost sailor. The PL will not have Poor smouth in their gang net season.....put you mortgage on that my friend.

I'm in the camp, that they will be wound up. However, if the above is the final outcome, you will have to factor in all the additional points deductions, that the FL will apply, once the depth of their illegal practices, has been revealed.

A new facebook group.....I laughed;) Make Fratton Park into a TESCO, every little helps

Well yes, but they can't now place themselves into it, it's now a court issue. On the point of administration, missed by most of the do good media, HMRC has bought the winding up order, and they would be right at the bottom of the food chain, if admin was granted. Hence, one of the reasons why they are going for broke..........a lesson to the F.A methinks.