trousers

@pn_neil_allen: RT @Darrentunni: Missing chief exec last seen at express fm. If found please return to #pompey so he can let worried fans know what's going on.

http://www.portsmouthfc.co.uk/club/ownership.aspx Portsmouth Football Club (2010) Limited is the company that holds the share in The Football League. It is also a member of the Hampshire County Football Association and an Associate Member of the Football Association. Portsmouth Football Club (2010) Limited is 100 per cent owned by Convers Sports Initiatives PLC (CSI), a company incorporated in the United Kingdom. CSI is currently in administration and is controlled by its joint administrators Andrew Andronikou and Peter Kubik of UHY Hacker Young.

@joshooiveld20: @billysharp10 true billy and me running the show today for the greens. Well running was my part, the show part was for billy haha.

Looking at the examples on here: http://en.wikipedia.org/wiki/Administration_(British_football) , clubs only seem to get 'extra' penalty points if they eithr fail to exit administration by the start of the next season or if their owner are found guilty of financial irregularities. So, perhaps there isn't actually any 'extra' penalty for entering administration more than once as long as you exit administration (each time) in a timely fashion (i.e. have an agreed, rather than fulfilled, CVA)?

@joshooiveld20: @billysharp10 yes remember the tall guy you couldn't get passed.. You might have thought he was a new passingmidfield signing but it wasn't.

Maybe....but you just know that a certain someone will find enough major creditors to squeeze out HMRC....again....

@joshooiveld20: Back in full training now, nice to be with the squad again. Legs feel good.

"Michael Appleton has admitted he is prepared for Pompey to go into administration. The News understands that debenture holder Balram Chainrai is close to carrying out the action. The move would put off the HMRC winding-up petition hearing scheduled for Monday, February 20 but would see Pompey hit with a points deduction. It would also be the second time Chainrai has put Pompey into administration. And Appleton today said Pompey must get ready for the scenario."

"The appalling fit and proper person test has let Pompey supporters down" "Pleased to announce that HMRC will be back around the table with Portsmouth Football club tomorrow" "Portsmouth Football Club WILL survive"

Penny on now.... http://news.bbc.co.uk/democracylive/hi/house_of_commons/newsid_8167000/8167511.stm

http://www.guardian-series.co.uk/sport/9522764.Dickson_a_target_for_O_s/

Only when we've reached the same level of orchestrated anger as the Clarkson and Hester media storms in a tea cup

Live coverage here: http://news.bbc.co.uk/democracylive/hi/house_of_commons/newsid_8167000/8167511.stm

David Up North(ish) @S13SFC @InsolvencyGuy That validation order seems troublesome to get for PFC doesn't it, especially as they said it would be done in 48hrs! Guy Thomas @InsolvencyGuy @S13SFC @InsolvencyGuy Order tougher to get this close to 20 Feb. Court'll ask #Pompey where is Portpin? Will ask Portpin why not in Admin? Guy Thomas @InsolvencyGuy RT @S13SFC "@InsolvencyGuy ...rumours that...they applied 10days ago ...rejected hence ...begging all comers for ££" Interesting! #pompey

http://www.taylorwalton.co.uk/blog/high-noon-at-portsmouth/ High Noon at Portsmouth Published by Taylor Walton Admin (February 9th, 2012) Just when you thought Pompey had gone through every cliche….just like buses, another is sure to come along. Following last years’ Administration of Convers Sports Initiatives Plc (CSI) (if not before) the hunt was on for a new owner of Pompey. The Chairman (and Stakeholder in the Club’s parent company) stepped down and then, whilst continuing to try and sell the Club, on 3 January 2012, Her Majesty’s Revenue & Customs (HMRC) sought to wind up the Club seeking £1.6 million in tax. This changed everything, especially the efforts to sell the Club. As of the 3rd January, every disposition by the Clubs directors between then and the hearing on 20th February is deemed void by s.127 of the Insolvency Act1986, unless the Club pays off HMRC or gets rid of the Winding up petition. The winding up is not just a test for the Clubs owners. It is also a test for its secured creditors, Portpin Limited. If the secured creditors want to maintain the current value of their “claim” they must either pay to get rid of the winding up petition or sell to a new owner (whose job it would be to get rid of the Petition without triggering Administration). As an aside; even if the Club or Portpin Limited or a new buyer were to pay off this petitioner (HMRC) why would they pay though the nose to do so? If that miracle was to happen and HMRC were paid off, the Club would likely avoid any point deduction from this winding up procedure but that still leaves the threat of a points deduction following the Administration of the Club’s parent company CSI Remember what was reported at the time about the possibility of a points deduction ? That issue has yet to be resolved. The various machinations at Pompey over the last two years have not changed two central points: 1. The Debenture over Portsmouth City Football Club, currently registered to a British Virgin Island company named “Portpin Ltd”, has meant that who ever controlled Portpin’s debenture, effectively controlled the fate of Pompey. 2. The second “truth” is that despite its financial difficulties Pompey has had a variety of people whom have wanted to own the shares and invest money into the Club to keep it trading – unfortunately they appear to have lost their shirts. The latest is Mr Vladimir Antonov, stakeholder in CSI (In Administration). The Administrators of CSI were also the Administrators of Pompey when it was last in Administration. Oh, the latest cliches? Well first there were the prospective buyers manoeuvres, as seen on the BBC webite along with my analysis of “Where Does Pompey Go Now?” via BBC Radio Solent and TalkSport Radio. Finally an honourable mention to those Tweeters who use #Pompey Then there was the unpaid players and ground staff And finally, the last minute validation application [i am sure that will be along any minute] The Winding up Petition means that Portpin Ltd, owners of the Debenture over Pompey now have two choices. One of these involves getting off the pot and selling the club. Question is, with such a traumatic (and potentially expensive) recent history, still fresh in their minds, who would now want to take Mr Antonov’s [CSI] place as Pompey’s unsecured but very generous benefactor; buying this struggling club but without also asking to take the place of the Debenture holder ? The date of the hearing is set for 20th February at the Companies Court in London. If the Debenture owners don’t act before “High Noon” then Portsmouth’s Football Club will very likely cease to exist on that day. What next? If the Debenture holders are holding out they may want to consider what happens if judgement in the case of the “Football Creditors Rule” comes in early, say before the 20th February?………… but more on that in my next blog Guy Thomas a partner at Taylor Walton LLP is an Insolvency Lawyer with a specialism in Football Finance.

Agree. We've had far too much of this recently....

Redknapp today: "I've not thought about the England job" No, Harry, of course you haven't. For it to cross your mind would be totally unnatural.....sigh....

Hmmm.....another 'slight of hand' to ensure their available squad is small enough to warrant 'emergency' signings...?

Look, I'm trying to squirm my way out of spelling baffoon (sic) incorrectly. I don't think anyone has noticed yet so if we both ignore it I'm sure I'll get away with it...

@jordansibley: Adkins backs Pearce for England job and when asked about his 40/1 price at the bookies "I'd keep your money in your pocket!" #saintsfc

http://www.urbandictionary.com/define.php?term=baffoon [TABLE] [TR] [TD=class: word]baffoon [/TD] [TD=class: tools][url=http://www.urbandictionary.com/define.php?term=baffoon#][/url] [/TD] [/TR] [TR] [TD][/TD] [TD=class: text, colspan: 2]an educated person. One who uses correct spelling and grammar. Only non-baffoons spell "buffoon" as "baffoon". [/TD] [/TR] [/TABLE]

Ken just edging it IMO.... http://www.bbc.co.uk/news/uk-england-london-16955851 Ken Livingstone in Tory 'riddled with homosexuals' row Conservative MPs have called for Labour's candidate for London mayor to apologise for saying their party is "riddled" with homosexuals. Ken Livingstone said some Tory MPs denounce homosexuality while secretly "indulging". He later refused to apologise saying the remark was meant to be humorous and a "backhanded compliment". But two Tory MPs have written to Labour leader Ed Miliband calling on him to ensure the remarks are retracted. Discussing the issue of privacy in an interview in the New Statesman magazine, Mr Livingstone said: "[The public] should be allowed to know everything, except the nature of private relationships - unless there is hypocrisy, like some Tory MP denouncing homosexuality while they are indulging in it." Asked why he referred particularly to Conservative MPs, he added: "Well, the Labour ones have all come out. "As soon as Blair got in, if you came out as lesbian or gay you immediately got a job. It was wonderful. "You just knew the Tory party was riddled with it, like everywhere else is." He also said in the interview that Baroness Thatcher was "clinically insane" while prime minister. On Thursday, Mr Livingstone defended himself on LBC radio, saying the Conservatives used to be "horrendously homophobic", but acknowledged that is no longer the case. "It was a slightly backhanded compliment," he said.