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Everything posted by trousers
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@pn_neil_allen: Judge very disparaging towards Portpin wish to install own administrator and keep funding club until end of season. #Pompey
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(Kraken got there first!)
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@NabilHassan79: PKF: "Discussions overnight have not resolved issues." PKF pushing for further adjournment for 15 January. #pompey
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@pn_neil_allen: Session in progress. #Pompey
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@pn_neil_allen: Trust believe PKF will today come out fighting. They certainly need to after the last few days. #Pompey @pn_Rory_McKeown: Court room 17 is filling up. More people than yesterday's hearing #Pompey
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But for the judge to do that he would have to have to arrive at a valuation wouldn't he? So, albeit indirectly I suppose, he will be deciding/declaring what the market value is? But I can now see from what you say that its more intertwined than I understood.
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My understanding is (from other posters) that there are two objectives of the hearing....one to determine the value of FP, and one to determine whether or not Chainrai has any right to block the sale (at whatever valuation). Or maybe I'm not quite getting it? Either way, yesterday's request for a 28 day adjournment, from what I can understand, has been requested by PKF because they now have a problem with the Trust's main investor/partner (i.e. Robinson) but I still don't understand what that's got to do with an independent body (i.e. the judge and his independent valuer(s)) adjudicating on the value of FP this last two days. I think someone said yesterday there would be no point the judge setting a value for FP is the Trust's bid was about to collapse but I'm not so sure that I follow that logic. Surely there's no harm in clearing up the valuation side of things now regardless of the eventual outcome? I'm going round in circles now so will park these thoughts for now
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All I'm seeing is a chicken and egg situation continuing over the next 28 days if an extension is granted without resolving the FP valuation issue. If the judge says: "It's worth what the Trust claim it's worth" then the Trust know that they can use the 28 days to consolidate their position, whereas if the judge says: "No, it's worth significantly more than the Trust claim" the Trust can use the next 28 days to either throw in the towel (because they know they'll never meet the valuation) or try to raise the extra cash (yes, I know....daft notion). I just can't see what's stopping the judge declaring TODAY what he thinks the value of FP is if a football club called Portsmouth carries on playing there....
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Surely you're not suggesting Allen is making things up as he goes along....?
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That's what I don't quite understand about this 'two pronged' court case....why can't the judge adjudicate on the value of Fatpipe Park today even if the second part of the case is adjourned for 28 days (the second part being whether or not FP can be sold regardless of Chainrai's charge. Surely confirming the value the ground is a mechanical task regardless of the overall outcome? And, if everyone knows what the judge decrees the land to be worth then surely that adds much clarity to the next 28 days of deliberation (if indeed an extension is granted) In summary...I don't get it...
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Nabil Hassan @NabilHassan79 Three likely scenarios when #Pompey case starts. 1) 28 day adjournment. 2) goes ahead as planned. 3) PKF/Portpin have struck deal overnight.
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What I also found worrying was that Portsmouth's number one sports journalist (sic) had booked a day's holiday on the most important day for "his" football club in living memory....
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SOS Pompey @SOSPompey Finished in one boozer, off to The Cock Inn.
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Micah Hall @blueballoo2000 Here we go people - everything ready, if sense prevails we will win. SOS Pompey @SOSPompey Having a great laugh in a boozer, we're up for this. Neil Allen @pn_neil_allen Day off scrapped, Xmas shopping on hold, child care rearranged. Last-minute change of plan - High Court here I come. Feel inspired.#Pompey
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You mean we'll miss all the fun of Chainrai being back at the helm bleeding the club dry whilst creaming off the parachute payments you mean? That's not fair....
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Jarrah White is a NASA employee paid to make the case for the conspiracy theorists so that people on internet football forums can shoot him down thus enhancing the viewpoint that the moon landings actually happened. Canny people these space agencies.... In fact "Jarrah White" probably doesn't actually exist....
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Lord D...just to clarify....do you know for sure that you were breaking the speed limit the night before or are you led to believe you were speeding because you saw the camera flash?
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A telescope
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Scientist believes we could be living in a computer simulation
trousers replied to Sheaf Saint's topic in The Lounge
Let us know how you get on with that one.... -
Indeed. So, we're all in agreement then? You can't trust the evidence on either side...
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http://www.portsmouth.co.uk/sport/pompey/whittingham-do-it-for-the-fans-1-4585437 "Whittingham knows the situation is causing unrest among the Fratton faithful.But he feels Pompey have a chance to lift spirits by delivering on the pitch for the visit of Preston. And he is calling on his players to echo the fighting spirit of supporters" What, the same fighting spirit that saw just 14 out of 250,000 'faithful' bother to turn up at court on possibly the most important day in the club's entire history?
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Scientist believes we could be living in a computer simulation
trousers replied to Sheaf Saint's topic in The Lounge
Surely there wouldn't be any need to fake anything in a fake world as it could all be made to actually happen? -
Scientist believes we could be living in a computer simulation
trousers replied to Sheaf Saint's topic in The Lounge
One question....did man land on the moon in this simulation...? -
Scientist believes we could be living in a computer simulation
trousers replied to Sheaf Saint's topic in The Lounge
How many more times FFS? We're all in someone else's dream...not a simulation. Although I guess it could be argued that a dream IS a simulation of sorts -
@NabilHassan79: #pompey administrators say no significant developments overnight, still heading for court at 2pm. Day one recap here: http
