trousers

Unlike the current situation...? ;-))

Nice one :-) Up there with the Bagpuss epilogue :-)

@joshooiveld20: "@Ed_HillingPR: Good to have you back @jasonpunch we need your creativity as I don't want to see @joshooiveld20 spraying 40yrd balls. #true

Source?

I'd agree with that (on the assumption there aren't any other contributory factors that we're not aware of)

James Pearce @Pearcesport Rob Beasley from News of World admitted paying eight thousand pounds to source who first tipped him off about Redknapp's Monaco account

Sounds reasonable to me. The whole thing is currently flawed IMHO.

http://www.london-gazette.co.uk/issues/60041/notices/1518833/recent=10;category=corp-insolvency-winding-up-court;subcategory=petitions-companies;all=portsmouth Date: 25 January 2012 Issue Number: 60041 Page number: 1437 Publication Date: Wednesday, 25 January 2012 Notice Code: 2450 Petitions to Wind Up (Companies) In the High Court of Justice (Chancery Division) Companies Court No 24 of 2012 In the Matter of PORTSMOUTH FOOTBALL CLUB (2010) LIMITED (Company Number 07264768 ) and in the Matter of the Insolvency Act 1986 A Petition to wind up the above-named Company, Registration Number 07264768, of Fratton Park, Frogmore Road, Southsea, United Kingdom PO4 8RA, presented on 3 January 2012 by the Commissioners for HM Revenue and Customs, of Bush House, Strand, London WC2B 4RD, claiming to be Creditors of the Company, will be heard at the Royal Courts of Justice, 7 Rolls Buildings, Fetter Lane, London EC4A 1NL, on 20 February 2012, at 1030 hours (or as soon thereafter as the Petition can be heard). Any persons intending to appear on the hearing of the Petition (whether to support or oppose it) must give notice of intention to do so to the Petitioners or to their Solicitor in accordance with Rule 4.16 by 1600 hours on 17 February 2012. The Petitioners’ Solicitor is the Solicitor to HM Revenue and Customs, Solicitor’s Office, South West Wing, Bush House, Strand, London WC2B 4RD, telephone 020 7438 6268. (Ref SLR 1522007/37/U.) 24 January 2012.

Neil Allen @pn_neil_allen To all #Pompey fans, join The 12th Man and show football that the supporters refuse to give up the fight. pompeys12thman.co.uk#savepompey The fans of Portsmouth Football Club have always been Pompey's 12th man. It's time for Pompey fans all over the world to stand together and show our support for the club as it faces yet another crisis. But this time, the Club needs more than just loyal support from the stands. It needs to look at a different model of ownership, with meaningful supporter involvement and dialogue, allowing those who care about the club the most - the fans- to help safeguard the club's future and play a real role in running and developing the football club. It's time to show the strength of our commitment to the football club we love. The names and faces on this site have signed up to support a new way forward for Pompey. Make your voice heard - and make it matter. If you believe that fans should have a significant role in Portsmouth Football Club, and ensure the football club represents the best of our proud City, then please register and show your support. Play up Pompey

Hmmm, somewhat sadly, it seems like the use of parachute money to "service (ongoing) debts" as opposed to cushioning the impact of paying Premier League level player salaries in the Football League (the original intention) is an acceptable and even encouraged trend.... http://www.publications.parliament.uk/pa/cm201012/cmselect/cmcumeds/792/79207.htm#n194 Parachute payments 123. One element of the Premier League's solidarity payments —the payments made to relegated clubs to compensate for loss of income (dubbed "parachute payments")—arguably has a destabilising effect now that the Premier League has increased their value. Lord Mawhinney, former Chairman of the Football League, explained that: Parachute payments were instigated because the salary levels in Premier League clubs were so much greater than in Championship clubs that, without some transitional funding, Premier League clubs that got relegated would simply just head straight into administration or just tumble down the Football League and that did not seem to be fair.[187] The obvious solution would appear to be to insert a relegation clause into players' contracts, rather than initiate parachute payments which could be seen as a reward for failure. However, Shaun Harvey, Leeds United Chief Executive, explained why this was not as easy as it might first appear: I'd challenge anybody to sit in front of an agent and a player and say to them, 'we want to sign you for three years. We're a Premier League club. We're going all out to stay at this division. However, if we fail we want to reduce your wages by half'. To which the player and his agent say, 'Well you're not really that confident that you're going to stay in the Premier League then are you?'[188] Barry Kilby affirmed that in a competitive market, if one club sought to impose such a clause, other clubs would seek to attract players by not imposing it. 124. Parachute payments were initially for two years, but in May 2010 the Premier League extended parachute payments from two to four seasons. Clubs relegated at the end of 2010/11 will receive around £48 million spread over four seasons. By contrast, during 2004/05-2006/07 parachute payments were £6.5 million per season, with an increase in 2007/08 to £11.4 million. Richard Scudamore made the point that if you want clubs to be competitive when they enter the Premier League, you need to protect them when they go down. He felt that the parachute payments were justified because they helped ensure the sustainability of the clubs involved, and suggested that there was no evidence that they distorted competition as relegated clubs did not automatically come up the following season. In its written evidence, the Premier League included parachute payments within its definition of solidarity payments to lower league football. 125. Other witnesses were concerned about the impact of parachute payments on competition in the Football League. Patrick Collins was suspicious that the Premier League was seeking to protect its own: I do agree that the Premier League, deep down, wants to be a closed shop. […] The parachute payments involve going down with £18 million in your pocket when everyone else has got £1 million and so the likelihood is […] they will come straight back.[189] 126. In his evidence, Phil Gregory argued in relation to parachute payments that "the net result is the non-recipients spending more money they don't have in an attempt to remain competitive in the promotion battle, worsening an already precarious financial situation".[190] Lord Mawhinney defended the principle of parachute payments but argued that: The present level of parachute payments are going to undermine the integrity of competition in the Football League. They are going to do that because the amount of money—£16 million, £16 million, £8 million and £8 million over four years—bears very little relationship to the salary issue that was the original case.[191] Greg Clarke, Chairman of the Football League, called parachute payments "one of the most contentious issues that the Football League has debated".[192] He stressed that "if we get a situation where the clubs that are relegated are automatically promoted, that is not in the interests of a fair competition because you cannot win unless you have access to Premier League funding".[193] He expressed the hope, though, that the relegated clubs would use parachute payments to straighten out their finances, rather than gamble on maintaining a high wage bill to secure early promotion: "interestingly, the trend is changing. This season, because of the large debts some Premier League clubs have, they spend quite a lot of that parachute payment servicing and paying down their debt".[194]

Jonathan King now pleading to the judge that his treatment by the media should be included in the enquiry...

I'm trusting that the Scottish people are more intelligent than to let the likes of Paxman influence what they vote for....

James Pearce @Pearcesport The conversation between Rob Beasley (NotW) and Redknapp took place the day before Redknapp was to manage Spurs on Carling Cup Final When R asked about his defence for Monaco allegations "I don't want no f***ing... I've got nothing to defend Rob. I aint done nothing wrong" Beasley "I wish I could leave a hundred grand lying around". Redknapp "Well I can Rob" Redknapp: "inland revenue fully aware.. If was something dodgy I'd have gone there, got the money + f***ing brought it back in f***ing briefcase" Redknapp "Do I need 30 f***ing grand avoid 30 grand income tax? Do I need that Rob? I mean 30 f***ing grand! I'll f***ing give you 30 grand" Redknapp "Do me a favour. I tried to nick thirty grand to save on income tax by having the money paid offshore? What a load of b*****ks" Redknapp tape has now finished and Redknapp's defence team starting to cross examine Rob Beasley, who is giving evidence

Bart Frazer - Martin - Jaidi - Fox Ward-Prowse - Hammond - Morgan - Puncheon Lambert - Lee Bench: Davis, Stephens, Reeves, Cork, Holmes, Connolly, Fonte

Adam Lallana @adlallana1 Delighted to hear @jasonpunch is back, big boost for the club. for those asking I've only got a knock nothing serious. Hope to be back ASAP

Jordan Sibley @jordansibley Tadanari Lee has completed his move to Saints. Full details on the official site, here -> bit.ly/w2TQl6#saintsfc Saints are delighted to announce that Japanese striker Tadanari Lee has completed his move to the club. One of the hottest properties in Asian football has arrived at Southampton keen to push Saints into the Premier League. Tadanari has established himself as a leading light in the J League, scoring 15 goals in 32 Japanese top flight games last year, whilst his memorable winning strike against Australia in the Asian Cup epitomises the quality that he will bring to the English game. The paperwork has finally been cleared so that Lee, who will wear the number 19 shirt at Saints, has been able to rubber stamp his free transfer from Sanfrecce Hiroshima. The 26 year-old forward has put pen to paper on a two and a half year deal, after rejecting several advances from top flight European sides, and will be immediately available for selection. He could therefore make his debut in Saturday's FA Cup fourth round tie at Millwall. [TABLE=class: caption] [TR] [TD=class: captionText] Lee has signed a two and a half year deal with Saints [/TD] [/TR] [/TABLE] Tadanari Lee commented: "I am very excited to join Southampton, it has been a long process, but I am now looking forward to joining my teammates and playing football. I feel good and ready, so will await the call from the manager on when I can put on the red and white shirt. "I was made very welcome when I came to Southampton a few weeks ago, it is like a family here and everyone was very kind to me. I got such a warm feeling from being here because everyone is so friendly. "I want to help the team to great things, we all want to get to the Premier League, and I am the same. I hope that I can show the fans that they can trust me to play my best for the club at all times." First Team Manager Nigel Adkins added: "I am delighted to have secured the signing of Tadanari Lee. He is an international forward and a player with immense talent, who will add to our striking options. "He has a good attitude about him and possesses quality in the final third that will complement our other forwards. I'm very much looking forward to seeing him produce for the team. "I have no doubts that he will settle in quickly because he has been made to feel very welcome by everyone at the club."

BBC News (UK) @BBCNews Question proposed for Scottish independence referendum: "Do you agree that Scotland should be an independent country?" I wonder what the question will be for the referendum put to the UK people as a whole...?

James Pearce @Pearcesport Mandaric revealed Redknapp was paid a million pounds for getting Portsmouth promoted to the Premier League Mandaric to reporter: "Why would I give Harry a hundred thousand pounds when he got a million pounds for being promoted?" During taped conversation reporter told Mandaric that he'd acted honourably. At that stage in dock Redknapp nudged Mandaric and smiled Mandaric told reporter that he'd spent millions of pounds on Portsmouth. "I'm annoyed people are saying I've done something wrong" Mandaric tells reporter that he knows Redknapp well. "People talk, people speak, but I've never found anything wrong with what Harry's done" Jury heard start of phone call between reporter and Redknapp. Redknapp said when heard allegations he thought "here we f***ing go again"

Harry Redknapp 'sick and tired' of slurs http://www.dailyecho.co.uk/news/9491905.Redknapp__sick_and_tired__of_slurs/?ref=twt&utm_source=dlvr.it&utm_medium=twitter

James Pearce @Pearcesport Jury has been played tape of phone conversation between Rob Beasley from News of World with Milan Mandaric In the recording Mandaric says over and over again that the Monaco payment nothing to do with football but was investment for a friend ® When Mandaric asked why no tax paid when money brought back to UK said Redknapp "could forget. He's not one of most efficient guys"

James Pearce @Pearcesport Lots more evidence to tell you about from the trial in the session before lunch.....

Or we were very lucky....depending on which way you look at it....where might we be now if Lowe had "got away with it" in 2009? Better off? Worse off? We'll never know, but I'm quite happy with where we've ended up....

BBC Solent Sport @solentsport Portsmouth fans plan rescue bid: The Portsmouth Supporters Trust are pushing to have a financial stake in the st... bbc.in/xIoAid