Gingeletiss

Is this true?????, are we struggling to sell out??? http://www.fansonline.net/portsmouth/mb/view.php?id=230858

Can't you go compare!!!!!!

Red and white stripes....Stoke!!!!!......SOG, add the clues!!!!

Another little snippet for you PES, regarding your 'Great' fans..... ...The figures showed that last season six football banning orders were imposed on Saints fans compared to nine the previous season. The club currently has 19 football banning orders in operation placing it middle of the League One table with the highest number of bans dished out by Leeds United (162) and Millwall (110). Pompey saw three football banning orders introduced last season with the club’s current total standing at 88 – the second highest of any Premier League club.....

I have the fool on ignore, so apoligise for piggy backing your post. Originally Posted by Nineteen Canteen I have principles and understand that others have theirs. Finally, The Echo are being slated by the majority and no doubt the same majority who passionately idolise Lawrie McMenemy and yet I see he still has a monthly 'feature' column in the paper. Is LM to be ex-comunicated for his continued association with Murray and his paper? Or is LM now a supporter of Rupert as seems to be your fall back argument for anyone who may have a different view to your opinion and ONE decision taken by the club., you are one of the most un-principled posters on here Since when can you claim to have 'principles' Numpty, you are one of the most un-principled posters on here, as your attacks on Mary/Lawrie/Mike O etc prove. It was a dark day indeed, when you re-surfaced....banned were you???

PES....correct me if I'm wrong, you had already enjoyed 'arranged payments' with HMRC last year, but defaulted, hence the winding up order. So what gives you the right to expect Goverment to give you yet another chance, to extract the urine from them. Clutching at straws.......we know, we tried for the same ones, and sympathy..........nah!!!, not from you lot. At least one good thing will come of this...........firework sales will go through the roof.

He's already been busy...see wear a shirt thread.

I've added a word for you, the council offical giving it large the other day, definatley said leisure and not football. So if that is the case, then there is scope for a redevelopment.

Ah!!!, the shares. How is it, that he has the shares, surely the previous 'owner' had them in a bank?? etc. How has he managed to take possesion of these, when the previous 'owner', disputes his right to do so. So either they were handed over days ago, or..... this is another exercise in slight of hand. I know what I believe!!!!!!

...and this Corp Ho, is the bullet that will eventually kill you. Read this thread CH, at least a quarter of the posts are fact/truth, or a good guess at the truth. It will unravel, it is IMO. Sorry for the fans, hell yes, but your sorry excuse for a club will cease to exsist in the very near future. This last comical takeover, should not fool the average fan (well apart from yours), and will certainly not fool HMRC. The simple fact is my fishy friend, all those associated with your TEN year old team (because you've done this before, least we forget), they are known to each other, and this has been a smoke and mirror exercise on a grand scale, set to acheive many things, and none of those had anything to do with football. Your club has been used as a criminal vehicle, and it is all coming to light now. Corp, laugh if you wish, but I believe, that the last laugh will be on you.

Guess he will be there then!!!!! http://www.fansonline.net/portsmouth/mb/view.php?id=230616

As someone else has posted...this may have happened, because the invisible man was going to seek an administration order, and that may have spoilt the plan!!!!!! So the end game nears, my bet is on Col Mustard, with the lead pipe, in the lounge

it seems that either they can't afford newspapers, or they can't read, BWTF, they they don't know the half of it. http://www.fansonline.net/portsmouth/mb/view.php?id=230408

nick, they're expected to beat us, they're PL, we are Div 1. However, they will be bricking it, the thought of being turned over by us!!!!!, it is a win/win for us nick, fearnot;)

The other way round...he was fronting the Chinarai takeover, when SG allowed in the Fake Sheiks

http://www.fansonline.net/portsmouth/mb/view.php?id=230395 Are they at last begining to get it?????

Just showed 'Tells porkies' on SSN (oct 2009), saying how Chain reaction wants to build a new training ground/stadium etc....still brings tears to my eyes:D

So....the Notts county takeover has collapsed. SSN today.

The trouble with you and your 'facts' John, is that you only believe one side, and that's the one against the club......still, no shocker there!!!! I have a bottle on ice, for the day you post something in support of the Saints, I wonder how old it will get???.

Lol...........I haven't chuckling. http://www.fansonline.net/portsmouth/mb/view.php?id=230283

Can we asume that you will now attend matches in a tall red and white hat, big red shoes, and carrying a bell????

Good questions, I have always held the view that they are still buddies, and this is all a big play, it's all about money. They have had the PL over, but I just don't know how, that is me, the HMRC/goverment the PL/FA/UAFA/FIFA, the fans/media, and the football world in general. I'll add a question...how can he just take control, without passing the PL's fantastic and fact findind F & PPT. Ten years ago anyone!!!!!!!!!!

Now this below, is one of the replies to the above article....very well thought out. A Crap Lungs moment!!!!! 2010, 1:34AM I disagree with the description of "haemorrhaging spending" that David Conn uses to describe the finances of Portsmouth Football Club. This requires context. In August 2009, PFC paid the outstanding monies owed to Standard Bank which was in the region of £30m using transfer income, sky money and season ticket income. This had the effect of hollowing out the finances of the club and meant that the business had a cashflow problem. Any purchaser of the club would (or should) have been aware of that from any due diligence on the club. There were income streams but the timing of these were not conducive to running a business smoothly. Anybody aware of running a business knows that cashflow problems can easily kill a business. So when Al Fahim took control of PFC, there was around £50m of debt. Half of which was owed to Sacha Gaydamak (£28m) which was agreed to be paid in two instalments: January 2010 then the rest in 2012. The club had an overdraft facility with Barclays at £10m which was guaranteed by Gaydamak with agreed payment schedules. HMRC were owed around £10m, mostly generated by the transfer sales which had kept the club above water. In August 2009, HMRC would have agreed to a payment schedule which could be timed with the income streams of PFC. Then you have the running costs associated with a premier league club. The playing staff wage bill had been considerably reduced by departures and although there were still a few players earning exceptional wages, the squad salary total was more in line with the lower half of the Premier League and the quality considerably reduced. So although the playing side of the squad was compromised by the delay in the takeover, the financial side wasn't as desperate as journalists made it out to be. It required some investment and liquidity to survive as a club. However that never occurred. The six/seven weeks under the control of Al Fahim can only be described as bizarre. Despite the obvious problem of cashflow, Al Fahim never addressed it. He went round the world looking for £50m when I believe that £10m would have allowed the club breathing room up to the January window. So the cashflow problem resulted in September's wages not being paid. This allowed Falcondrone to get a foothold in PFC through a £5m loan and with the help of Peter Storrie stirring up the supporters, Al Fahim was forced to sell 90% of the club in October. What has happened since beggars belief. One of the more interesting pieces of information that has come out is that between the takeover in October and today, the club has received in excess of £50m of income. Mark Jacob confirmed that prior to the January Sky monies and sales of Kaboul and Begovic, the club has received £40m of income. Half of which is the Chainrai loans - charged against the club as David Conn wrote, the rest have come though gate receipts, transfer fees payments etc. So where has the money been going? Not to outgoing transfer fees as the Premier League have had to freeze money in order to pay these. Some £4m has been paid to HMRC according to Jacob. Some £7.5m went to Barclays (more on this below). Wages have been paid eventually (approx £8m I think). However other running costs haven't been paid on time and creditors have only received money through legal action or camping themselves out in the reception room at Fratton Park. The Barclays Bank case is particularly curious. As I said above, the bank had a guarantee from Sacha Gaydamak using assets worth £2.5m as collateral. One of the first actions of Falcondrone ownership was to default the schedule of payments on the overdraft. The assets used by Gaydamak were seized by the bank and the account facilities frozen. Falcondrone paid the remaining £7.5m but PFC do not have an overdraft facility. The winding up order from HMRC have placed further restrictions on the bank account which creates further cashflow problems. The club have been cutting costs - for example the academy have seen its satellite facilities removed, staff sacked, bills have not been paid. The youth team coaches were repossessed last month. The training ground kitchen facilities have also been repossessed due to non-payment. The finance director resigned her directorship and become an employee. She was complaining last week of not being given money to pay day-to-day bills in her new role as finance manager. In short, the club is being driven into the ground and is operating as a zombie club while Daniel Azougy, the three times convicted fraudster, operates as the de facto owner of PFC. And then there is the maths. If the club has received £50m in the 13 weeks since the takeover, why is it in the crises it is where day-to-day payments can't be made? Something stinks rotten at the heart of PFC. David Conn, your article merely touches the surface. One more reply that is interesting and needs a 'bump' http://www.guardian.co.uk/football/blog/2010/jan/10/portsmouth-wages-waste-of-money "Utaka...is an ongoing liability who arguably represents the worst piece of transfer business ever conducted by Portsmouth's chief executive Peter Storrie and the club's former manager Harry Redknapp." http://www.independent.co.uk/sport/football/news-and-comment/tax-authorities-to-grill-redknapp-over-payments-from-portsmouth-1797791.html Redknapp received a sum of around £100,000. He said: "I got a percentage of sell-on [fees] in my contract if I sold a player. Ever wondered why Rednapp is always looking to buy more and more players? Speculate to accumulate. Or accumulate to speculate.

The Hong Kong businessman Balram Chainrai, who has links with the Israeli businessmen connected to Faraj, has loaned what the club said amounted to £20m and has two mortgages over the club. One, registered on 6 October, gives Chainrai's company Portpin, which is registered in the British Virgin Islands tax haven, security over Fratton Park. The other, registered on 7 January, secures for Portpin "the whole of [Portmouth's] undertaking and all its property and assets". Thus, the circle is complete, now we know why there has been no panic stations down Farten way. They have the club and stadium, all parcelled up....'bring on administration' they cry ' liquidate us' they challange, because it matters not, they have it all. It seems that the 10 year cycle is upon us, and MM passed on a few good tips to SG.

Works for me nick......here's their main site. http://www.fansonline.net/portsmouth/mb/index.php