trousers

Home tickets sold out... Norwich City FC ‏@NorwichCityFC @SouthamptonFC match on March 9 now sold out. Any STH unable to go to game can return seat via buy-back please call 0844 826 1902 for info

From what I can make out, yes, the overall pot has increased and it would appear that this is applied retrospectively to any teams still receiving payments. I've certainly learned something new this week as I always assumed that the payments were fixed amounts.

But.....the council have a "guarantee" that the loan will be repaid in August.... Yes, I know, I know.... the words "Portsmouth Football Club" and "guaranteed payment" in the same sentence is enough to make a grown man spit coffee all over his screen and keyboard...

@TomCoull: Here's the latest edition of #saintsfc Training Ground Car Park! Guess who's owns this bad boy? http://t.co/eBDk488qFA

@TomCoull: Here's the latest edition of #saintsfc Training Ground Car Park! Guess who's owns this bad boy? http://t.co/eBDk488qFA

@prod-nose (Danny Baker): NME made One Direction Worst Band last night. •sigh• Like old trad jazz fans thundering against Cliff & The Beatles. It was disco in my day.

"Scallywag" works best for me

So, in summary, the Trust have basically got lucky by virtue of the unexpected £4m increase in this season's parachute payment distribution. Without that windfall their "robust" business plan would have been as robust as a blancmange. Lucky for them....lucky for us

Birch is due to submit the Trust's 'business plan' to the court today so one assumes a date will be set shortly after

"Mr Harris’ group argued the council should be offering it cash as it also has a bid on the table. However, the message wasn’t seen by councillors until after the meeting, and by that time there had already been an unanimous vote in favour of supporting the fan’s trust. Coincidentally The Football League sent an email to the council’s chief financial officer Chris Ward during the meeting confirming the trust’s bid was the only one being considered." Hmmm.... I wonder how one message got through to the meeting bit the other didn't...

"It (Harris's bid) has only got support from the eyes of Professional Footballers’ Association and HM Revenue and Customs, which are one of the club’s main creditors." Don't think I've seen that in print before? (HMRC supposedly endorsing the Harris bid). Now that could cause a few tensions in the Mordaunt bedroom... (Sorry for the potentially distressing mental imagery)

http://www.twohundredpercent.net/?p=22103

Not wishing to blow my own trumpet too loudly but I was wondering the same back in post #85,328

Goose ‏@vespersutton @John_Ferrett why ask for things to be delayed. No sense at all. Shameful!! Cllr John Ferrett ‏@John_Ferrett @vespersutton do you think councillors should make decisions without being in possession of the facts? Goose ‏@vespersutton @John_Ferrett have you not had ample time to get the facts or ask questions.its now or never for pfc.surely even you can see that. Cllr John Ferrett ‏@John_Ferrett @vespersutton haven't seen the business plan but expected to ok loan of 1.45m of public money, whilst cutting social care & sure start

Cllr John Ferrett ‏@John_Ferrett #pfc administrator holds gun to council's head & says 'give money or club gets it'. Portsmouth #LibDems hand over money no questions asked Paul Hutchinson ‏@HutchyPaul @John_Ferrett If Club dies so does the city , 5 Month loan with no risk , whats your problem, thank god youre not in control of PCC. Cllr John Ferrett ‏@John_Ferrett @HutchyPaul would be helpful to see business plan in order to assess risk. Is that too much to ask as elected representative?

Which goes back to my earlier question.....Why are the Football League giving endorsement to a prospective owner that intends breaking one of their own rules?

FFS....democracy rules OK....

@SimonPeach: Lambert replaced by Schneiderlin for tomorrow's #SaintsFC press conference. Should make for cracking copy regarding contract, QPR & Pardew.

If the judge doesn't wave through the PKF / PDT court case I will eat my own genitalia baked in a pie.

@pn_neil_allen: Some have championed Chainrai for 'saving' #Pompey through a loan (29pc interest). So will the council be similarly hoisted aloft (5pc)?

@pn_neil_allen: Seems Council had letter from FL stating #Pompey Trust only viable bid & only bid that can succeed. Contrary to claims from some this week.

I think I'm missing something here... The football creditor rules, which state that the players get first dibs in any administration, are made by and upheld by the football authorities.... So, why oh why are the football league giving their backing to a bid that is blatantly aiming to flout the very same rules that they are supposed to be upholding? As I say, am I missing something obvious here?

Same reason why we might have needed a loan to buy Ramirez perhaps....? #cashflow