trousers

Great finish from Tadic

This

Haven't seen/heard nothing since this Sky Sports article from 2015: http://www.skysports.com/football/news/11674/9783211/portsmouth-creditors-facing-wait-for-cash Portsmouth creditors facing wait for cash By Bryan Swanson, Chief News Reporter Last Updated: 31/03/15 2:15pm Portsmouth creditors may have to wait until 2017 to discover if they will receive any further money, seven years after the club first entered administration. Portsmouth became the first Premier League club to be put into administration, with initial debts of nearly £120 million, in February 2010. A year later, Portsmouth City Football Club Ltd was wound up and placed into compulsory liquidation at the High Court as the company exited its administration. Baker Tilly, an independent firm of chartered accountants and business advisers, has been investigating the liquidated company for four years, and revealed they may require two more years to establish whether creditors will receive any further funds. "Work to realise assets for the benefit of creditors is ongoing but our best estimate is that the matter is not likely to be concluded for the next 1-2 years." said Baker Tilly, in a statement to Sky Sports News HQ. In February 2012, Championship Portsmouth entered administration for the second time in three seasons, and were relegated to League One three months later, before further relegation at the end of the following season. Portsmouth are in 14th place in League Two. The club, now trading under Portsmouth Community Football Club, announced on Monday that it had an operating profit of £118,000 in its first full year of trading. Accounts for the year ending June 2014 showed a turnover of £6.6 million, with gate receipts of £3.4 million. The club say there was an overall loss of £171,000 for the year, after including net interest charges of loans taken out to purchase the club in April 2013. Baker Tilly's ongoing investigation is unrelated to the current company and fan-ownership of the club. "As liquidators, we have a duty to ascertain any misconduct carried out by those in control of the company which has caused loss or prejudice to the general body of creditors." said Geoff Carton-Kelly, formerly joint-liquidator, in February 2011. "In some cases, if appropriate, the liquidator may be able to bring legal proceedings against third parties as well as directors or shadow directors for either wrongful trading or fraudulent trading, misfeasance or breach of duty with a view to recovering funds for creditors. In addition, the liquidators have powers to reverse certain historical transactions for the benefit of creditors too." Baker Tilly rebranded to RSM UK in October 2015. Might be time to drop them a tweet to see how they're getting on....? https://twitter.com/RSMUK Not that it'll have any impact on the current football club based at Fratton Park, given its a completely different entity to the one Baker Tilly were/are investigating....

Avoid tradesmen with a PO postcode?

About blimin' time someone started a Pompey thread on here...

I wonder how that forensic examination of the accounts of the previous football club that played at Fratton Park is coming along? You know, the one where the appointed forensic accountants were on track for reporting back on a couple of years ago...

Tick

Indeed. (I've no idea what the forum's software deems "active users" to be. Maybe it means people who login on a daily basis or maybe once a year. Who knows?) Anyway, just to clarify my position (which may or may not be representative of the 69% of those 'active members' that haven't voted to sack Pellegrino)... I'm undecided if sacking Pellegrino at this point in time would work out for the best BUT if he was sacked today I wouldn't be unhappy about it. (If the poll question was: "would you be unhappy if the board sacked Pellegrino now?" I'd vote 'no' in a flash) (Yes, I know the self appointed forum intelligentsia can't abide such fence sitting pragmatism, but hey ho.... )

Aren't we all...?

Precisely. Doesn't that work both ways though...? All I'm suggesting is, that if I was "desperate" for something to happen, I'm more likely to vote for it than not vote at all. That just seems logical to me. (Yes, I'm fully aware that there's no place for logic on the internet... )

I suspect there is circumstantial / anecdotal evidence to back up Hypo's declaration, but it's not always as black and white as polls such as this might lead one to believe. As it happens, I'm inclined to believe that 'most' Saints fans *would* be happy to see the back of Pellegrino but that's not quite the same as saying that the vast majority are "desperate" to see him go. IMO of course

# Statistic spinning klaxon # Number of forum members = 10,895 Number of active forum members = 1,394 Active members voting 'Back Him' = 35 = 2.5% Active members voting 'Sack Him' = 431 = 31% Active members not voted = 928 = 66.5% Ergo, the number of active SWF members who currently aren't in the "desperate for him to leave" camp = 69%. (Yes.... (a) I really was sad enough to expend some brain cells on coming up with those figures, and yes.... (b) I aIready know what the response to this post will be, but feel free to mention it anyway... )

https://www.portsmouth.co.uk/news/crime/man-jailed-in-dubai-for-stealing-5m-from-his-wife-to-buy-pompey-1-8376642

...

...

Tick

I know I'll have to incur the wrath of Fitzhugh Fella when I say this but..... Its an abstension from me.... I genuinely have no idea what's best at this stage. #arsefullofsplinters

Sounds like Pellegrino was wide of the mark a couple of weeks ago when he said Austin was back in training. Or maybe he's had a relapse?

Where is this rumour on the rumour scale? ("Heard it from the horses mouth" at one end of the scale, and "saw a tweet on Twitter" at the other) Cheers

I guess there's a difference between being 'ultra cautious in attack' and 'defensive' but they often get translated as the same thing. Pellegrino is more the former than the latter IMO.

Bugger

http://www.dailyecho.co.uk/sport/saints/news/15987281.amp/ "SAINTS’ majority shareholder Gao Jisheng invited the club’s chairman Ralph Krueger and fellow owner Katharina Liebherr to China to celebrate Chinese New Year – and watch the team’s 2-0 defeat to Liverpool."

Any chance of Austin being back for the next league game in two weeks? I suspect him coming back for the last 10 games and staying fit is now our main hope of avoiding the drop...