trousers

James holmam@jamestholman91 @pn_neil_allen why havent we been allowed to unfreeze our account before going into admin? Neil Allen@pn_neil_allen @jamestholman91 Need a validation order. That has not been applied for yet as problems justifying it with a business plan going forwards.

Josh Boothroyd@JoshBoothroyd@WillHShort Wrong people punished, -10 hurts the fans, the players, and the staff... @pn_neil_allen do you agree? Neil Allen@pn_neil_allen@JoshBoothroyd @WillHShort Small creditors too. Chainrai never loses out as secured creditor.

Necramata@necramata Please God do not tell us Andronikou is the preferred administrator from UYH. Neil Allen@pn_neil_allen@necramata I would love to, but I can't! He is the preferred choice!

Sarah Woodsford@PompeyTiLiDie @pn_neil_allen are things better or worse than the last time? Neil Allen@pn_neil_allen@PompeyTiLiDie Far far worse. Club struggled to get permission to go into admin last time. Plus seen as repeat offenders.

Ashley Brown@ashcb91 @pn_neil_allen what are the chances of us not being docked points Neil Allen@pn_neil_allen@ashcb91 None. The lodging of administration order warrants 10 point deduction.

sam beesley@sbeesleypfc @pn_neil_allen would admin be good for club? Neil Allen@pn_neil_allen @sbeesleypfc It would halt winding up order. Chainrai still has his grip though. Ultimately small creditors lose out. Again.

Alan @todorov15042003 @pn_neil_allen COULD WE LOSE MORE THAN 10 POINTS ? Neil Allen@pn_neil_allen @todorov15042003 Lampitt is adamant it will be 10pts and these will be deducted before Friday.

Andrew Dobbs@Andypompeyfan @pn_neil_allen boards crass decision to keep UHY? Neil Allen@pn_neil_allen @Andypompeyfan @gar78 Ultimately secured creditor ie Chainrai has final say. However, creditors can lodge a protest against the appointment

The Pompey Pages@Pompey_Pages According to @mike_gee38, fire marshals have agreed to work for free during tomorrow night's clash at Fratton Park. Well done lads! #pompey Jamie Richardson@jezatron @PennyMordauntMP[/url] we MUST stop Andronikou / UHY being appointed as administrators. chanrai is bleeding us dry again #pompey

http://www.guardian.co.uk/football/2012/feb/13/portsmouth-administration-tax-bill

@pn_neil_allen: Have spoken to David Lampitt myself now and filed for tomorrow's paper. Time for a quick Q and A before bedtime? Go on then! #Pompey

Ssshhhhh.....that's classified

http://www.hsbcprivatebank.com/offices/monaco.html

So, with that level of due diligence, exactly the same thing could happen this time around?

The company called 'Portsmouth Football Club 2010" doesn't have an existing CVA...

That's the key point IMO. But isn't there some double counting going on here though? i.e. How can Portpin be a £17m creditor of CSI and Portsmouth Football Club (or am I being thick here)?

Wouldn't it be in Chainrai's / Portpin's interests to have it all under one roof though....? Or maybe not - struggling to rationalise the pros and cons

Cheers. So is that the same as "giving notice to enter administration"? I guess it must be. Is it the 'giving notice' bit that triggers the FL to deduct points or do they need to actually enter administration first? Yes, I know I should remember this basic concept of administration but it's been a long few years!

Because the system is flawed thus allowing them to act in a morally corrupt fashion?

So have they actually now given official notice that they intend to apply for administration? The points penalty applies straight away doesn't it? I.e. Whether the application is successful or not?

HMRC couldn't prove a batch of bread dough from what I've seen the last couple of years...

Can someone draw me a venn diagram showing the companies and CVAs that AA now has control over, highlighting the creditors of each? Thanks

Did he justify why they chose them again?

Administration has to be fully funded. It cannot trade at a loss. Unless there is an injection of sufficient funds or costs are cut to allow solvency it can't happen. Liquidation then is the only option, which HMRC will most likely be pushing for. So, there's no chance of a certain administrator pulling the wool over the authorities eyes to give the impression that the administration is being run solvently....if you get my drift?

Lol