trousers

What's happened to the HMRC football creditors court case. Wasn't that supposed to be happening this month some time?

It's amazing how some actual facts and knowledge can transmogrify an irrational knee-jerk discussion into a measured and rational one....

His blase attitude to HMRC debt is more despicable than even our neighbour's....and I never thought I'd hear myself say that. This attitude stinks: ID: How close were we to going out of business? DS: Well, if we hadn’t put money in we’d been out of business. And that’s what people fail to understand. If you owed the money to the Inland Revenue you could go into administration, give them 20p in the Pound, which Rangers will do on the drip and then come back. The problem with West Ham is that the money is owed to Sheffield United and other football clubs, so they are football debts and administration doesn’t get you out of those. The banks have a charge over the ground, the training ground, over everything. So even if you go into administration that isn’t lost. So administration wouldn’t clear the debts of the club. Even if it was for the benefit of the club, even if we lost our shares, if we could get out of all that debt, we would go into administration. But you’d only get rid of 20% of your debts, not the 80% which are football debts, or debts charged against the football club, the ground – every asset of the club they’re charged against.

@pn_neil_allen: Proud day for #Pompey family. Players taking wage cuts now as everyone unites in saving club. Some even working in ticket office tomorrow! Stable doors. Bolting horses...

...

Defo worth sending a clarification query to the FL on that one: "Does failure to honour a CVA attract the same points penalty as the failure to exit administration without a CVA? If not, why not, given the end result is the same?"

@solentsport: #Pompey skipper Liam Lawrence says players taking wage cut till May. They have also written off Jan wages @solentsport: #pompey Lawrence says he and one or two other players will be helping sell tickets tomorrow 4 sat game

What next? People having a pop at Thatcher for refusing to pour tax payer's money down the drain to prop up the failing mining industry? Sigh....

Vladimir Antonov Tuesday near London, England This people just robbed me and my family! And i'm going to prove it! If i'll get a compensation from them after legal battle i'll invest to Pompey again! One way or another! Anyway Pompey in my heart forever! PUP! Vladimir Antonov Tuesday near London, England Guys! If CSI creditors is a problem for PFC future, i can assure you that all of them will sign full write off their debt to ZERO to save our club. We never were a problem! We did our best to perform better! If you all think that we were a problem then my apologise to all and we are fully ready to convert our debt to an equity with ZERO financial interest! I can promise it as a biggest creditor to CSI! Play UP POMPEY!

Join us again after these messages.... [video=youtube_share;JREgSSzEJ2Y] [video=youtube_share;CjY0mbh8fxU]http://youtu.be/CjY0mbh8fxU

"There's a rumour going round at Pompey that Dave Kitson has been asked to go full-time instead of part-time...." Good to see they've entered 'gallows humour' mode down the road

ffs

"We're gonna see if we can get away with writing off our debts again without anyone (apart from those pesky SWF sleuths and Matt Slater) noticing"....?

@pn_neil_allen: Birch on FL: 'They are not interested in any kind of cohesive argument as to why they should help Portsmouth.' Huzzah!

@pn_neil_allen: Birch believes #Pompey have only enough cash to get through to the middle of April.

@pn_neil_allen: Administrators tomorrow going to ask #Pompey players to take a wage deferral until the end of the season.

Neil Allen @pn_neil_allen Birch decides who he sells the club to. Not Chainrai. Not even if debenture is proven. #Pompey

M.O.B. @dangerous1962 @pn_neil_allen not to many squads would show the commitment and passion this pompey squad has. They deserve their wages & we are 1 together

A call to trading standards with the above information might be most productive...

Random frottage

Chuckle

@TonyHusbandBBC: #pompey brutal reality of administration for many at FP. Pretty damning comments from PKF re cost base. Could apply to many Champ clubs tho?

@pn_neil_allen: #Pompey breaking news. David Lampitt, John Redgate and Nick Byrom have left the club.