trousers

Coincidently, £33m is roughly what they've cheated HMRC (Hospitals, schools, etc) out of. You see, our situations are a complete like-for-like comparison afterall....

Agree in principle. But, again, we don't know what revenue stream(s) Cortese is tapping into here.

Definitely. And should we discuss them in a constructive, ingenious and pragmatic manner? Absolutely.

I've no idea what the terms of the loan are but my hunch has always been that we're simply spending this year's funds in advance, rather than next year's. Just a gut feel as we'll never know for sure until the accounts for this financial year are published in 2014.

Looks that way. His posts are usually excellent guffaw enducing fodder given how many holes they contain. Would be a shame if "the phew" were only allowed to post accurate stuff from here on in...

http://www.dailyecho.co.uk/sport/saints/news/10038430.Saints__luxury_boot_camp/?ref=rss&utm_source=dlvr.it&utm_medium=twitter

Distressing... http://www.lbc.co.uk/listen-the-most-shocking-call-youll-hear-this-year-62650

...

Farmery: "Portpin are making stuff up" How can this end in anything other than tears?

They're coming thick and fast today... BBC Solent Sport ‏@solentsport PST's Colin Farmery in response to Portpin statement #pompeyhttp://boo.fm/b1049587 via @audioboo BBC Solent Sport ‏@solentsport #pompey Administrators PKF refusing to comment or take questions re Portpin statement

I'm desperately scratching around my available emotions for "surprised" but failing miserably....

BBC Solent Sport ‏@solentsport #Pompey striker Luke Rodgers has re-joined League One side Shrewsbury on loan, initially until the New Year How can you loan out a player until January when they're only on a one month contract in the first place....? Am I missing something simple...?

Seems to be the reverse in Spain...... La Liga last season (by way of possibly meaningless comparison).... http://www.football-lineups.com/tourn/La_Liga_2011-2012/Stats/Discipline/

:lol:

Sounds reasonable (if a "fully working" swimming pool was part of the contract and it wasn't working properley)

http://www.bbc.co.uk/sport/0/football/20268344

http://www.thesun.co.uk/sol/homepage/news/4634380/Perfumers-make-sushi-fragrance.html#ixzz2BipXVUNd

Quick "thinking out loud" question.... IF (hypothetically) Birch was to liquidate PFC at one minute past midnight on the day the next parachute payments are paid into the bank account (i.e. the day on which the assets of the club are likely to be at their highest since they went into administration), how much would Chainrai receive from the liquidation? Roughly? (in other words, is Portpin's "official" withdrawal a case of them playing their "we'll get more out of liquidation" card?)

Do what I did and get a nice shiny new one from Comet....it felt right to buy one from a company going into administration....

http://www.portsmouth.co.uk/sport/pompey/portpin-pull-out-of-pompey-ownership-race-1-4460845 Portpin is also saying it is going to question Her Majesty’s Revenue and Customs’ decision to appoint PKF as administrators. Balram Chainrai, chairman of Portpin, said: ‘We believe that the FootballLeague has been put in an invidious position by the administrators, PKF. ‘It is the administrators’ job to manage the administration to a successful conclusion to the benefit of all creditors and yet PKF has off-loaded this responsibility to the Football League. ‘First, Trevor Birch named Portpin as preferred bidder, then, before the Football League was given any time to actually assess our bid, Trevor Birch decided to suddenly withdraw our preferred bidder status the same day, without any credible reasoning. ‘The PST was then named by Trevor Birch as the preferred bidder even though our bid remains with the Football League as they continued the process of evaluating our offer.’ Mr Chainrai continued: ‘And Pompey fans should be in no doubt that in my opinion they are being manipulated here. ‘Behind the PST bid are a number of property developers who now appear to be becoming the majority stakeholders rather than the PST themselves. ‘I believe their interest in buying the club is to secure the land. ‘The illusion of the Trust owning Fratton Park is just that: an illusion.’ So, Portpin confirming that they never failed the Directors Test with the FL....

Emma Judd ‏@pn_Emma_Judd Sorry everyone who's asking - we break news on http://portsmouth.co.uk , not piecemeal via Twitter. http://www.portsmouth.co.uk/sport/pompey/portpin-pull-out-of-pompey-ownership-race-1-4460845 … Said the local 'newspaper of the year' beaten to another Pompey exclusive by the BBC yet again....

Matt Slater ‏@mattslaterbbc Chainrai & Kushnir "suspend" attempt to take over at Portsmouth for 3rd time, leaving Pompey Supporters' Trusts in box seat GazzaTowns ‏@GazzaTowns @mattslaterbbc how do they suspend something, thats already been rejected due to them not passing the Directors, #sellupf***off#pompey Retweeted by Neil Allen Did they actually fail the Directors test though....or did the Football League neatly side-step that one....?

Nope, couldn't find that one on euphamisms.com

The main condition was indeed that the PST was the only bid on the table. The council might well now be praying for a last minute bid from elsewhere...