trousers

Joe Nimmo ‏@PN_Joe_Nimmo He urges members to 'put aside personal feelings and realise the trust's bid is the only way to save the club'. #pst Cllr Jason Fazackarley has asked what happens to the council's loan if Portpin buys the club. #pst City solicitor Michael Lawther answers that the loan is meant for this urgent situation and will not just be made regardless. #pst

Joe Nimmo ‏@PN_Joe_Nimmo Tory Cllr Donna Jones says she is a strict custodian of public money, but estimates the economic impact of Pompey is more than £300m. #pst Cllr Jones says she is glad to hear the trust will be pay the £45-50,000 interest which the loan could cost the council. #pst She continues that £1.45m is a good price for Fratton Park should the council ever need to repossess it. #pst Cllr Steve Wemyss says if the council doesn't agree to make the loan it will have effectively killed the club. #pst

Ah, so THAT's why Birch has dragged this out to the next Parachute Payments date....figures....

Joe Nimmo ‏@PN_Joe_Nimmo Tory group leader Simon Bosher says the hearts of councillors want to support the trust, but their heads are urging caution. #pst He adds 'we all bask in reflected glory when our club is doing well' and says it's time to draw a line under Pompey's troubles. #pst

Joe Nimmo ‏@PN_Joe_Nimmo The leaders of the Lib Dems and Tories are agreed that option two in the report is their preferred option. #pst

Joe Nimmo ‏@PN_Joe_Nimmo Cllr Gerald Vernon-Jackson says they are trying to avoid the prospect of liquidation and all the councillors want the club to survive. #pst He says it is a very difficult decision and the city council would have to make cuts to services if the loan was not repaid. #pst Cllr Vernon-Jackson says this is a 'bad day for Portsmouth, because football finance is run so badly'. #pst He says he thinks the council should offer the trust a lifeline and safeguard Pompey's survival. #pst Why are they seemingly ignoring the fact that Chainrai is already waiting in the wings to 'save' them? They're talking as if the Trust are the only show in town...

Joe Nimmo ‏@PN_Joe_Nimmo Council finance officer Chris Ward says the Premier League has agreed in principle to assigning parachute payments to the council. #pst WTF?!

Joe Nimmo ‏@PN_Joe_Nimmo Council chief executive David Williams is introducing the report on the trust's request. #pst He has reminded members of their responsibility to protect public money and the £56m they have to save over the next three years. #pst

Joe Nimmo ‏@PN_Joe_Nimmo Deputations are over and the council is about to debate whether they should provide loan support to the trust. #pst

Meanwhile, back at the council meeting.... Joe Nimmo ‏@PN_Joe_Nimmo A member of the Portsmouth Youth Parliament says this generation will miss out if Pompey goes under. #pst Julian Wadsworth from the Respect programme says he could never have started working with young people if Pompey hadn't existed. #pst Mr Wadsworth says he has worked with serious young offenders to turn their lives around thanks to the power of the Pompey brand. #pst He says without the football club we will lose a massive part of what the city is about at a crucial time for sport in the UK. #pst Northcote Hotel landlord Barry Kewell has said if Pompey is liquidated it will cost the city hundreds of jobs and thousands of pounds. #pst Trust board member Mark Trapani has said they 'want to put the club back in the community where it quite rightly belongs'. #pst Mr Trapani says he was overwhelmed when an 86-year-old woman gave him a £200 check yesterday 'to save Pompey'. #pst

Live coverage of Portsmouth Council vote on Trust loan... http://www.portsmouth.co.uk/sport/pompey/pompey-past/council-set-to-vote-on-live-meeting-coverage-1-4143329

*cough* launderette *cough*

oldredeye 9:57 AM on 09/08/2012 Perhaps the sizable Parachute Payment due tomorrow (I think) had something to do with it. I woudl express huge doubts that Portpin have paid £300k to TBH to get hime to do one, they could have done that weeks ago if that was the case and secure the CVA much arlier in order to allow MA to develop the team. But that hasn;t happened which leads me to think the money is coming from the PP. Which is fair enough. Has everyone who is dismissing the PST bid forgotten the Council meeting today? So, if TBH is being paid out of the next chunk of Parachute Payments (due tomorrow by the sounds of things....how convenient....) then why on Earth didn't the other players hang on for the same eventuality...? Something smells...

BLUEtiger 9:19 AM on 09/08/2012 mickymellows, well PP not much change left anyway, so if, IF, BC takes up the challenge surely it must be to back MA for 2 promotions on the bounce and a new SKY pot for PL and then cash out, PST in!

Which is precisely what we want

http://www.portsmouth.co.uk/sport/pompey/pompey-past/ben-haim-agrees-to-leave-pompey-1-4142893 There you go...Birch blows away another deadline....

Yay! Bring on Chainrai

17th? At least we now know what Dalek does for a day job... Btw, we'll finish 8th.

Probably. But time to get the slow cooker down from the loft...

http://www.portsmouth.co.uk/sport/pompey/pompey-past/players-upbeat-over-survival-prospects-1-4142702 "‘I can already see the fans are unbelievable." Yep, agree with that analysis. 'Unbelieveable' in that they won't petition the Football League to scrutinise their 'new' owner if/when Chainrai's bid is accepted by Birch. Instead they'll wait for it all to go pear shaped again and THEN chastise the FL for not doing anything about it at the time... "It's not the fan's fault"....my arse.

That would be a right old chortle fest. Which is precisely why them staying on a life support machine for another season is going to be much more amusing than them being liquidated tomorrow. Let's hope they're "saved"!

http://www.portsmouthfc.co.uk/LatestNews/news/Appy-Waiting-And-Hoping-3583.aspx

We are not worthy!

http://www.bbc.co.uk/news/business-19174649