trousers

It is alleged that they ordered Lampitt to sell players but he seemingly refused. As you say, what was stopping them going over his head if they were "in control". It sounds like they were TRYING to exercise control over the club but, because they were acting as 'shadow directors' rather than ACTUAL directors they weren't signatories on the board. It all comes down to whether the football league interprets their alleged behaviour as acting as de facto owners. However, It does now seem unreasonable to hold Portpin responsible for the inaction of a CEO but stranger things have happened...

I've probably posted this before but the one thing that narks me somewhat is that I, as a citizen of the United Kingdom of Great Britain and Northern Ireland, get no say on whether my country should be broken up or not. Why should one part of Britain get a say and not the others?

I'm not sure but I think Chainrai would still be falling foul of the Directors' test if he was in some kind of control of the club, regardless of how hard he may, or may not, have been trying to prevent administration. Well, that's the Trust's interpretation of the situation anyway. In other words, I don't think the football league rules differentiate between "tried to save club but still failed" and "couldn't be arsed to save club and failed"

Hall also highlights the amended handwritten valuation of Fratton Park (those with good memories will remember that this document was posted on this thread at the time)

Interesting stuff as always from Mr Hall....a cut and paste of the key section of that article:

If you think I'm gonna be the first person ever to post a picture of Bill Murray on here you've got another thing coming

@BBCBreaking: #Philippines government and Muslim rebels #MILF sign peace plan to set up autonomous region in south http://t.co/ULYb0T4Z

Did he break the Pompey free fall record...?

@MailOnline: Global warming stopped 16 years ago, reveals Met Office report quietly released... and here is the chart to prove it http://t.co/19qfAoo2

This is the bit I'm not quite understanding at the moment...I thought that PKF had already selected Portpin as their preferred bidder and it was that recommendation that the Football League were supposed to be discussing yesterday...?

@pn_neil_allen: Hancock calls on Football League to look into @blueballoo2000 Portpin dossier. Seems like they already have. http://t.co/EOsOey4A #Pompey Mr Hall, from Gosport, said: ‘‘It took me six to seven months to try and work out what was going on and taken me the rest of the time to talk to sources and gain information from around the world. ‘There’s a lot of people who have put the picture together over the years.’ It's been our pleasure to have been of assistance Mr Hall Hmmm... "The News has been aware of the claims made in Mr Hall’s blog for some time but is unable to publish them on legal advice." And, another Pompey fan confirms they've had their head in the sand the last 3 years, this time a local MP... Mr Hancock said: "‘I am shocked and surprised by what I read (in the Hall blog)"

@mattslaterbbc: I hear something wonderful is brewing at #Pompey. Well done, keep going. Big moment for trust movement, inspirational stuff http://www.bbc.co.uk/sport/0/football/19934524 @NabilHassan79: Just an add to the #pompey story, administrators dealing with the sale of land around Fratton Park tell me a deal may be announced next week

Now would be the time to scrutinise the exact wording of the council's conditions of providing the loan. Could they possibly squirm out of it (if indeed they felt inclined to do so) by virtue of the fact that there ARE other bids on the table, it's just that the league are steering PKF to not choose Portpin. As such, the council's criteria of the Trust being the only bid on the table doesn't technically hold true. Maybe.

Damn....I'd geared myself up for another couple of fun filled years with Chainrai at the helm. Looks like I'll have to be content with the comedy value offered by the Trust ownership instead...

There were also a significant number of duplicates.

Ah, yes, that rings a bell as the answer last time around. cheers

I don't think you're missing anything FC. Indeed, I posed the very same question on here in August when it became clear that "the club" had c.£4m sitting in its bank account. I'm as convinced as one can be that if this was any other company than a football club the administrator would've called time at that point.

http://www.portsmouth.co.uk/sport/pompey/midfield-talent-could-stay-put-at-pompey-1-4359769

Link here for anyone who cares to comment on the article.... http://www.dailymail.co.uk/sport/football/article-2216624/Rangers-join-European-super-league-says-Charles-Green.html

A good summary....some salient quotes from that article... "The troubled club faces what is likely to become a deadline for a takeover’s completion, since the players’ monthly contracts expire next Tuesday." Yay! Another deadline....anyone keeping count? "Pompey would not be able to gain access to Fratton Park under PST ownership. Chainrai holds a secured charge over the ground that has not been challenged during the administration" Really? Wasn't that one of Birch's first pledges when he was appointed administrator? That he would challenge Chainrai's charge on the ground...? "It is expected that Chainrai would prevent the club playing at the stadium under the Trust. Indeed, unless the courts force the charge to be released or force Chainrai to accept its valuation of the ground, it could lead to the club becoming homeless." Where's Holepuncture with his Moneyfields photograph when you need him....?

Latest parachute payment was made in August

Can anyone hazard a guess as to what date the PKF burn rate absorbs the remaining assets? (Incl parachute payments). Sometime next year I would guess? And would this date come before or after the maximum amount of time a court allows a company to be in administration? (18 months IIRC = August 2013)