
Corporate Ho
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Everything posted by Corporate Ho
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LOL. Never boring being a Pompey fan. Anyway, if the accusations are true and Antonov has been laundering cash through his bank, does anyone still think they bought Pompey for the same purpose?
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face it, your theory about money laundering is laughable. It makes no sense at all. 1. yes, the land for a training ground is free, as I said in the post if you've read it (it's the land in Lee on Solent that the Gosport Council offered FOC). 2. Kicked in the teeth for the last 40 or so years actually. Kicked in the teeth by a succession of owners who have done nothing but run the club into the ground, made no investment in the infrastructure, diverted money to their other businesses at the expense of the club & loaded debt on the club. A few years in the PL notwithstanding every owner we've had has done nothing for the club or the fans and just tried to line their own pockets, often successfully. Yet we still averaged 15.7K crowds last year. A decent period of stability with an owner showing a genuine willingness to invest something (anything) in the business would be most welcome. 3. No, I'm not confident a new ground will be built or the current one redeveloped at all. Again, you didn't read what I wrote. I said there aren't many clubs where the money from a major supermarket like Tesco has already been discussed for land they desperately want to build a supermarket in Portsmouth along with planning permission that's already been granted by the council. I didn't say the stadium would be built. Having said that, I didn't say that the stadiums (stadia?) at The Hard would be built, only that the finances added up but that doesn't stop most on here telling me that I did say it. Talk about a "whoosh" moment. I wasn't saying we wouldn't get a points deduction, I still believe we could. I was taking the **** out of all the idiots on here who bang on about the conspiracy theory that everyone, the British legal system included, colluded to make sure Pompey were saved. As for Storrie's acquittal, I haven't "heard" from anyone. One of the mods on POL posted on there that he'd been told that by someone at the club. And for about the 1000th time, the reason nothing's been in the press about it is because there are reporting restrictions placed so it doesn't influence/ prejudice the jury in the Mandaric and Redknapp trial Which other clubs could they have "taken their pick" of. Can you list them for me. Even Dubya the Great & Wise agrees that they pretty much just wanted a club to own. For the reasons I listed I don't believe Pompey is as bad an investment as Saints fans do because you're blinkered. I've already listed several reasons why they would/ might have bought Pompey which answer many of your claims. I keep hearing that other clubs would be a better investment but most would still need a new ground and have lower crowds than we get now, let alone if a bit of stability and maybe success came our way. And there are several reasons/ opportunities that potentially make Pompey a decent purchase. I know none on here will agree with that but the fact that CSI weren't the only potential buyers proves it. Three posts and out mofos
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Silly me. I thought the idea of "laundering" money meant putting illegally gained money through a company so you could get most of it back "washed" so you could then bank it. I didn't realise it meant paying out millions with no hope of ever seeing it again. Thanks for redefining the concept for me (and everyone else) I think there's plenty of logic to it. I've said all along while Dubya seemed for some reason to think that it would irritate me that I had no illusions that Pompey were CSI's only choice in buying a club. I think we just happened to be available. I think they wanted A CLUB to fit in with their portfolio of sports businesses (WRC, Golf etc) and we were available. But I think it's Saints fans who need to take the blinkers off, not us. The wage bill can be managed down pretty easily by losing a couple of the big earners. Our recent image is poor in your eyes but for most people we have a pretty high profile (FA Cup winners and losing finalists in the last couple of years etc). The CVA is there of course but Lampitt says it's covered by the parachute money (whether 100% or not I'm not sure I believe him but certainly it covers a decent part of it). We don't own a training ground but we have the facilities so I can't see what the issue is there, many clubs don't own their own and the land to build a new one if the cash is available is available free from the council. The fan base isn't low, it's just been kicked in the teeth too often over the past few years. We averaged crowds of 15,700 last year in a terrible year for the club. There's plenty of clubs who'd like a terrible fan base like that. The ground needs to be redeveloped eventually granted but how many clubs have an agreement already in place with Tesco to pay such a large chunk of the redevelopment budget and planning permission already in place? Saints fans just look at the negatives. All clubs need investment. CSI just wanted a club but there's plenty of potential at PFC. Not saying CSI will invest what's necessary to fully tap that potential but like I said, I think it's you guys who need to take the blinkers off
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I don't know why you're all getting so excited at the possibility of a points penalty as we all know it won't happen. The genius' on here (and there are many of them) have already worked out that there's a conspiracy in place to protect Pompey from any punishment, a conspiracy that has "tentacles that extend to the very highest levels" if I remember correctly. The PL, FA, FL, UEFA, FIFA and the British legal system have all colluded to make sure that nothing happens to us. On a separate note, can anyone (Holepuncture perhaps as he's been one of the most vocal on the topic) let me know when Antonov and Dubov are going to start laundering this Russian mafia money through the club by spending millions on players. I mean, according to the Rumafia.com website they're up to their eyeballs in criminal activity and also have the money from Russian Railways behind them to launder so I'm assuming millions will be flowing into the club from these dodgy sources very soon. None of this has, in the words of Dubya, been "disproved" which must mean it's all true.
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Well my original choice as I posted on here was either O'Driscoll or Derek McInnes so it's not like I was expecting or advocating a big name.
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Not too disappointed with Appleton to be honest. His reputation within the game is very good and my fera was that we were going to appoint one the of same, tired old faces like Dowie or Boothroyd. Giving a young guy with a good coaching reputation is an encouraging move. In fact, someone I know who works at Brentford says they approached him in the summer about the managers job and he turned them down because he wanted to manage at a higher level but the rumour was that he was the driving force behind WBA's promotion and effectively carried Di Matteo. Time will tell I guess but not unhappy with the move
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Also, FAO Clapham, I managed to track down the full land registry document (see below) with the missing parts you queried. There's another section after this with a list of restictive covenants if you really, really want to see it!! Title Number : HP375034This title is dealt with by Land Registry, Weymouth Office.The following extract contains information taken from the register of the abovetitle number. A full copy of the register accompanies this document and youshould read that in order to be sure that these brief details are complete.Neither this extract nor the full copy is an 'Official Copy' of the register. Anofficial copy of the register is admissible in evidence in a court to the sameextent as the original. A person is entitled to be indemnified by the registrarif he suffers loss by reason of a mistake in an official copy.This extract shows information current on 9 NOV 2011 at 12:30:38 and so doesnot take account of any application made after that time even if pending in theLand Registry when this extract was issued.REGISTER EXTRACTTitle Number : HP375034Address of Property : Fratton Park, Frogmore Road, Southsea (PO4 8RA)Price Stated : £7,042,000Registered Owner(s) : PORTSMOUTH FOOTBALL CLUB (2010) LIMITED (Co. Regn.No. 07264768) of Fratton Park, Frogmore Road,Southsea, Hants PO4 8RA.Lender(s) : Convers Sports Initiatives PlcPage 1 of 5This is a copy of the register of the title number set out immediately below,showing the entries in the register on 9 NOV 2011 at 12:30:38. This copy doesnot take account of any application made after that time even if still pendingin the Land Registry when this copy was issued.This copy is not an 'Official Copy' of the register. An official copy of theregister is admissible in evidence in a court to the same extent as theoriginal. A person is entitled to be indemnified by the registrar if he suffersloss by reason of a mistake in an official copy. If you want to obtain anofficial copy, the Land Registry web site explains how to do this. A: Property Register This register describes the land and estatecomprised in the title. PORTSMOUTH1 The Freehold land shown edged with red on the plan of the aboveTitle filed at the Registry and being Fratton Park, Frogmore Road,Southsea (PO4 8RA).2 The Conveyance dated 26 July 1933 referred to in the ChargesRegister contains the following provision:-"PROVIDED ALWAYS and it is hereby declared that the Vendors andtheir successors in title the owners or owner for the time beingof the adjoining land belonging to the Vendors coloured Blue onthe said Plan shall have the rights at any time to erect or sufferto be erected any buildings or other erections and to alter anybuildings or other erections hereinafter to be erected on suchadjoining land in such manner as to obstruct or interfere with thepassage of light or air to any buildings which may be erected onthe said land hereby conveyed."NOTE: The blue land referred to lies to the north of the landconveyed with a gap of thirteen feet and six inches between thesaid land coloured blue and the land conveyed. B: Proprietorship Register This register specifies the class of title andidentifies the owner. It contains any entries thataffect the right of disposal. Title absolute 1 (10.01.2011) PROPRIETOR: PORTSMOUTH FOOTBALL CLUB (2010) LIMITED(Co. Regn. No. 07264768) of Fratton Park, Frogmore Road, Southsea,Hants PO4 8RA.2 (05.11.2009) RESTRICTION: No disposition of the registered estateby the proprietor of the registered estate is to be registeredwithout a written consent signed by the proprietor for the timebeing of the charge dated 6 October 2009 in favour of PortpinLimited referred to in the Charges Register or without acertificate signed by each conveyancer of the Charge that theprovisions of the Charge have been complied with or that they donot apply to the disposition.3 (10.01.2011) The price stated to have been paid on 7 December 2010was £7,042,000. C: Charges Register This register contains any charges and other mattersthat affect the land. 1 A Conveyance of the land tinted yellow on the filed plan dated 5Page 2 of 5 C: Charges Register continued October 1899 made between (1) Alice Harriet Martin and others (2)William Billett Martin and (3) George Edwin Couzens containscovenants details of which are set out in the schedule ofrestrictive covenants hereto.NOTE: No copy or examined abstract of the original conveyance waslodged on first registration and the covenants contained in thisschedule were recited in a Conveyance of the land in this titledated 24 November 1899 made between (1) George Edwin Couzens (2)John Richard Bone and (3) William Wigginton.2 A Conveyance of the land tinted blue on the filed plan dated 23October 1899 made between (1) Alice Harriet Martin and others(Trustees) (2) William Billett Martin and (3) Brickwood andCompany Limited (Company) contains covenants details of which areset out in the schedule of restrictive covenants hereto.3 A Conveyance of the land tinted pink on the filed plan and otherland dated 26 July 1933 made between (1) The Lord Mayor, Aldermenand Citizens of the City of Portsmouth and (2) The PortsmouthFootball Company Limited contains covenants details of which areset out in the schedule of restrictive covenants hereto.4 (08.09.2006) UNILATERAL NOTICE in respect of an Agreement for theInstallation of Telecommunications Equipment dated 7 August 2006made between (1)Portsmouth City Football Club and (2)OrangePersonal Communications Services Limited. NOTE: Copy filed. 5 (08.09.2006) BENEFICIARY: Orange Personal Communications ServicesLimited of St James Court, Great Park Road, Almondsbury Park,Bradley Stoke, Bristol BS32 4QJ.6 (05.11.2009) REGISTERED CHARGE dated 6 October 2009.7 (03.06.2011) Proprietor: CONVERS SPORTS INITIATIVES PLC (Co. Regn.No. 07375628) of 2nd Floor, 159A Chase Side, Enfield, MiddlesexEN2 0PW.
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No-one's found any evidence to disprove that the queen's a giant, shape shifting reptile either. Of course, no-one's found anything to prove she is, either. Dubya, why won't you answer one simple question. I'm not saying CSI haven't set a budget of £8m for this year. Equally, they could have set a budget of £4m. The question is, can a budget set one year go up or down the next? Yes or no? We all know they can. i just want to see you admit it. Read my post again Nick Nack. I didn't say we weren't in debt. I said we weren't in financial trouble (ie not paying wages or transfer fees etc) because we weren't. We didn't win the cup because we cheated. We won the cup because all the big sides got knocked out. It was a freak year. But we won it because that's the luck of the draw I don't quote you because you're a dull, unfunny **** **** me. I'd suggest that if you want to see any "triumphalist braying" then you should start looking at your own fans posts. The problem is that even apart from so many posters on here attributing comments to me that were made by other Pompey fans, I'm always prepared to talk sensibly if people want to aactually talk about football. The problem is, very few do. I don't have access to the company register so all i could post was the land registry details. as for "mixing them up" read your own posts when I originally posted the details - you shat yourself so much at what i posted you accused me of doctoring the document. So don't pretend you have any kind of intellectual superiority here. I've hung around here when we've been beaten before, no doubt I'll do it again. I won't even need to do the whole "refusing to accept that result" ******** that you're so keen on perpetuating. If you beat us fair and square I'm happy to admit it. You're top on merit, I've no problem on admitting that (although I don't like it, obviously). Unlike you lot who can't accept Pompey doing anything. I mean, apparently we only won promotion because of ITV digital apparently and because Mandaric spent all his money which was unfiar on other teams. Seems OK for Liebherr's money to be used though? Double standards? Again? surely not?
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Glad to see someone on here finally admit that Nick Nack. Having said that, we were in no financial trouble when we won the cup which sort of ****e5 all over the chips of you lot banging on about how we "bought it". As I've said, other teams spent more than us and didn't win it. We won it because we got lucky at Old Trafford and because of a set of freak results elsewhere that gave us a dream run right to the final. Just accept it Clapham, the document was edited because of the length but the parts that were omitted (I saw the original) were just historical notes about ownership that bore no relevance to the current day. It's available on the Land Registry site for anyone to download and take a look and prove that Chainrai's still got a charge on the ground - or not. As I've said, a couple of posters on POL are solicitors and took a look at the whole thing because of suspicions about the initial deal and both said Chainrai's completely gone. I like it better when you don't reply (like Dubya refusing to answer a straight question) because you know and I know that means I'm right and you lot are too embarrassed to admit it. If you're talking about Appleton, he has got Championship experience. He got WBA promoted alongside Di matteo. In fact, according to some, he had more to do with that than Di Matteo. If it's him, he wouldn't be my first choice but I'd rather give someone like him a go than tired old faces like Dowie or Boothroyd. I mean, he might not have managerial experience but everyone has to start somewhere. Who;d have thought an ex - physio would do so well? If you believe the document's been manufactured put your money where your mouth is and prove it by downloading the document from the land registry. you must have cash to spare from all those away tickets you haven't been able to buy
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Nice to see no-one replying to my post about Chainrai's alleged debenture. No comment girls? You seem to spend more time on POL than me posting quotes so you'd probably know what's being said, wouldn't you? As for the photo, I love the fact you keep bringing this one up but conveniently forget that when you were in the PL you had to form the SAS (saints away support or whatever it stood for) group because your away support was so diabolical. Pompey fans well remember the report of your game at Bolton when your away support was shown as being 257 fans. And you've got the nerve to laugh at ours. our away support last year, when we had Chainrai raping rthe club and no investment averaged 300 less than yours when you were pushing for automatic promotion. What a gulf eh? Yes, you came second. In an era when teams like West Ham, QPR, Ipswich & even Watford (Watford FFS) finished second, not to mention teams like Forest, Derby and Villa actually won it. So well done, you emulated the achievements of the mighty Watford. On the ludicrous point about us winning the championship "only because we had the pick of players who'd been stationed here during the war", walob. Quite apart from the fact that most people had been demobbed long before we won the titles, if it were true, why weren't Aldershot a major football powerhouse back then? With all those soldiers to pick from?
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For someone supposedly on his ignore list, does anyone else find it strange that Dubya seems to feel the need to refer to me in almost every post he makes? And every post seesm to go back to the "budget" he quoted. Which is why i find it so strange that he won't answer the one simple question I keep asking him. Which is CAN. A. BUDGET. SET. ONE. YEAR. GO. UP. OR. DOWN. THE. FOLLOWING.YEAR? Why do people think Dubya refuses to answer such a simple question? is it because by answering he'd negate his whole stance? The **** Gaydamak owning the car park isn't amajor issue unless we were going to build a new stadium there. He can't do anything with it and with the new localism bill that's being introduced next year PCC could make a compulsory purchase order on it. No-one else but the club is going to buy it anyway as they know they won't get planning permission so CSI/ PFC hold all the cards on that one. ref Chainrai holding a debenture, here's the land registry document relating to Fratton park and PFC. Can you point out where Portpin have a debenture? Because according to a couple of solicitors on the Pompey board this says that since 3rd June this year CSI own it 100% REGISTER EXTRACT Title Number : HP375034 Address of Property : Fratton Park, Frogmore Road, Southsea (PO4 8RA) Price Stated : £7,042,000 Registered Owner(s) : PORTSMOUTH FOOTBALL CLUB (2010) LIMITED (Co. Regn. No. 07264768) of Fratton Park, Frogmore Road, Southsea, Hants PO4 8RA. Lender(s) : Convers Sports Initiatives Plc Page 1 of 5 A: Property Register This register describes the land and estate comprised in the title. B: Proprietorship Register This register specifies the class of title and identifies the owner. It contains any entries that affect the right of disposal. Title absolute 1 (10.01.2011) PROPRIETOR: PORTSMOUTH FOOTBALL CLUB (2010) LIMITED (Co. Regn. No. 07264768) of Fratton Park, Frogmore Road, Southsea, Hants PO4 8RA. 2 (05.11.2009) RESTRICTION: No disposition of the registered estate by the proprietor of the registered estate is to be registered without a written consent signed by the proprietor for the time being of the charge dated 6 October 2009 in favour of Portpin Limited referred to in the Charges Register or without a certificate signed by each conveyancer of the Charge that the provisions of the Charge have been complied with or that they do not apply to the disposition. 3 (10.01.2011) The price stated to have been paid on 7 December 2010 was £7,042,000. C: Charges Register This register contains any charges and other matters that affect the land. 1 A Conveyance of the land tinted yellow on the filed plan dated 5 Page 2 of 5 C: Charges Register continued 6 (05.11.2009) REGISTERED CHARGE dated 6 October 2009. 7 (03.06.2011) Proprietor: CONVERS SPORTS INITIATIVES PLC (Co. Regn. No. 07375628) of 2nd Floor, 159A Chase Side, Enfield, Middlesex EN2 0PW.
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Well Dubya, the question was "Yes or No". Seems that was too difficult for you. I've amended your sprawling, deperate attempt at face saving post below and added in just a couple of really very straightforward questions. Could you please just give a straight answer to them. 1. An F1? Are you sure? Antonov's been pictured in Pompey driving a Spyker and Dubov drives an Audi A8. 2. Antonov's wealth is estimated at $300mm (£187mm) by all these websites http://en.wikipedia.org/wiki/Vladimir_Antonov http://articles.businessinsider.com/2011-08-03/lifestyle/29989325_1_saab-vladimir-antonov-russian-tycoons http://www.sports.ru/en/football/96192331.html The EIB loan to SAAB that you talk about was for £350mm http://www.autocar.co.uk/News/NewsArticle/AllCars/247406/ Admit it Dubya, you got your £'s and $'s mixed up. The more you deny it when it's there, as you say, in the public domain makes you look a complete cockle 3. Now, on to you bizarre part about asking you to "quote the annual budget variations of a major US Multi-National on a football fans forum". Where exactly have I asked you to do this? What I asked was whether it was possible for a budget set one year to be different the following year. No specific amounts, no requests for you to share confidential information, just whether a budget can go up and down from year to year. I keep asking this simple question because you refuse to answer it. The point being that you keep quoting a budget of £8mm for CSI and PFC because that's what they allocated last year. But, IS IT POSSIBLE THAT THE BUDGET COULD HAVE POSSIBLY CHANGED FROM THAT VALUE THIS YEAR. Yes or no? I've not said CSI would tear up any plans and spend loads of cash to get to the "next level". Unless you can provide a quote to prove otherwise. Come on Dubya, simple question, yes or no answer. Can a budget that's set one year change the following year? As for the rest of your post, I didn't know they had peyote cactus' in Dubai
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I haven't been told anything about the verdicts. All I said was that one of the mods on POL said he'd been told Storrie had been found not guilty on all counts. Nothing was said about Mandaric. Don't try and spin this into me having said I'd been told anything about this. Thanks. Praise from Caesar PMSL. What a shame you edited it before I could reply. Maybe you should read things properly and notice apostrophes before gloating too hard next time. Now, what's taking Dubya so long to reply?
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Well Dubya, if nothing else your response proves one thing - that you bleating on about having me on your ignore list was a load of ******. Given how often you refer to me in your posts I suspected you were lying but thanks for confirming it. Now, you wriggle around trying to prove you were right but in response to your comments above I'm going to ask you a few direct questions. Let's see if you can actually answer them. I'll also point out the obvious cock ups you've made (again) in this post. What do you say Dubya, any answers?
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I love Dubya's posts. So far, ref CSI he's told us that they have money and don't have money, that they were funding the running of Pompey using a loan from the EIB to SAAB which was to a company they didn't own, that they'd dropped out of buying Pompey and were buying Bournemouth instead, that they bought Pompey without doing due diligence because they were greedy Russians who'd been convinced they were getting a "deal", that they haven't spent any money on players, that appointing a big name (Solsjkaer) was an indication of their mindset and that they should have appointed someone with NPC experience and now we're being linked to O'Driscoll that's a mistake. Then there's the "budget" thing which he now tries to spin as me having said they didn't have a budget for PFC when what I actually said and asked him repeatedly to confirm was if there was possibly even the remotest chance that the budget they set aside to buy a club last year might have changed even slightly for this year, be it increased or decreased. Dubya tries to spin it another way but my posts are there for all to see. Regarding the ITK rumour about CSI being back in for Bournemouth that his "contacts" told him about (actually a Bournemouth messageboard rumour) has it occurred to anyone that he got completely the wrong end of the stick yet again as it's a different Russian who lives in Sandbanks that's bought into them? Dubya. What a guy. What a mind. What a ****ing clown
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Storrie found innocent of all charges according to the mods on POL. As told by someone in the club HTH
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The reason I go on Dubya is because you seem unable to answer the simple question I go on and on about - namely, can budgets change from year to year or are they set in stone at the same level - which is what you seem to be saying. To be fair, you posted a link to something saying CSI were talking about Bournemouth when I challenged you for any info (at the time they were looking at Pompey and you said they'd changed their minds and wanted Bournemouth again. The problem was, the link you posted was from last year when they were originally looking at Bournemouth - which made you look - to be fair - a prize chump. Just for you, because you're so sooper and knowledgable and everything I've dug up some of your posts on the subject of CSI for us all to enjoy. Let's take a look at your never changing views on them. 10th Feb How are the Russians getting on? Are they dodgy enough? Or is it all just a scam to get Bompey to drop their demands? Oh dear that would upset the Skates. (Clue: It wasn't a scam) 26th Feb I still like the "The Russians were expected to complete last Wednesday" line, which was followed on a Thursday by "None of the interested parties have proved funds yet" I mean that's still up there with the Helpmerhonda takeover tale. We all know it isn't real (there we go folks, they haven't taken over at PFC, it wasn't for real.Dubya said so) 29th March Hint The lead Russian lives in Sandbanks Wonder what he would prefer to with his Saturday afternoons? Fight his way past us or...... Chat on his Yacht with a retired Champ League winning "Arry Just a guess of course (Oh well, can't win them all Dubya) 8th April They are real, they have a lot of money (remember that everyone, they do have a lot of money) They have been trying to buy a number of clubs They are not Billionaires They are not completely stupid, so must have seen an angle (they're not stupid, remember that) In theory if they got the few debt free (so to speak) and for a quid they would be OK finance wise in the NPC 24th April I know I keep trotting this out, but don't overlook that fact that the Russians REALLY want to buy a Football Club. Their record of owning Sports teams in Ice Hockey, Basketball & Motor Racing IS actually very solid. They also have a very large "war chest". (oh really, a "very large war chest") Yes the economics are insane, but then sanity and football have never been close companions. Convers Group had allocated a budget to buy Bompey last season. They never got past Go, however they DID still spend that money on sponsoring Renault Williams in F1, so again, other than getting some nice paddock passes and mingling with the fit chicks at the F1 parties it was an awful lot of money for very little. I'm not defending them BUT they have extensive contacts in football, and according to sources in the media locally they talked "in general terms" to at least 5 "British" clubs before getting into details with poopey. 4th May The Russkies looked a number of clubs - have evidence on that for anyone wants to come to Salisbury for beer Friday to somewhere with innernet. they looked before and have some comments from them about it. They looked TWICE at Bompey once the Echo went all Lifelongcherrypip about it and once quietly again later posted about his car being spotted in Bompey (My God, his car was spotted in Bournemouth????? When you've already told ys in another post that he has a house in Sandbanks???? What a revelation) It was ODD that they then appeared at Poopey but knowing they really want a lcub could have been last option But somehow that public posturing MAY have driven Eddie back to the table Then the link above on the Bompey forum that they were spotted in Eddie's box last weekend (so it was a link on a football forum, not ITK knowledge?) Are they doing a deal, no proof. Could they have strung Poopey along to get Eddie back to the table - oh wouldn't that be funny. In fact it would be so funny it could only have been done on purpose (but they didn't and it wasn't) Let's see, I'm just in smirk mode at the moment at the thought that something like that COULD possibly happen wouldn't describe it as a Baldrick moment - yet 18th May Just to keep a specific number in mind, that 300m is also wholly co-incidentally the number that the EU lent them to help rescue Saab. In the "you couldn't make it up stakes" with regard to the ownership tales, forget the (unprovable) links to the Russian Mafia, I simply love the idea that you can now come up with a scam to bid to save a great European Manufacturing company, get loads of money out of the EU, then drip feed it into said company too slowly while making up partnership deals, before finally pouring all that free money into buying your own train set. (Oh dear. THEY DON'T OWN SAAN DUBYA) 6th July Oh and yes the Russians do have 400 mil Euros, the same number that the EU lent them, also in Euros... (Lent them as owners of SAAB. Oh, hang on, Dubya's wrong AGAIN) 22nd September Here is a different slant. (What, another one? How many is that now. If you do enough I guess you must get lucky and get one right) Like I've mentioned before, CSI may well have a messy trail but that may not be where the future fun will lie, and it is all speculation. But looking at Russians in a Business Culture way (something the PC UK never normally do - watch the cries of stereotyping from the troll) Doing business with Russians it can help if you understand them. Some got to become Oliagarchs they had contacts and friends and you can read as much as you like about that on rumamafia or wherever. Some got to become successful by seeing an opportunity and trading we see a lot of them here buying cheap bending import processes and selling high But the uncanny thing when you deal with them is that it is almost always about "The Deal". We see them buying their Guggi down here - they are THE most aggressive negotiators. Understanding they wanted to buy a club (their need/Ego has driven them to make that decision as we already acknowledge) So, why did they buy poopey? Was it the quality of life in North End? The al fresco dining on the beach? Was it to leave a lasting legacy? Or was it because they thought they got a damned good deal? Now it's that last bit that determines how they move forwards, if they feel they got a great deal then they may speculate to accumulate. If they THOUGHT they were getting a good deal and things are crawling out of the woodwork - that will not look so good.... Was it Ego or was it Corporate Branding? Any Russian language readers found any Corporate Press Releases yet? Anyone heard of them taking their biggest clients to games to enjoy the Hospitality (sic). IMHO it was all about 1) someone was stupid enough to finally talk to them 2) someone convinced them it was a good deal. For that person's sake, I hope it was. Personally I bet Caveat Empor will float around from time to time... CVA what's that? as an example (But Dubya, you said before they're not stupid. Why would we think smart men would buy something because they thought it was a "good deal". Beacause they're Russian? Oh, hang on, Chris Akers isn't) Nive posts Dubya. What's the next "slant" ROTFPMSL
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Sorry for the delay everyone, just back from doing what I promised and driving Cotterill up to Nottingham myself (he insisted on sitting in the back - refused to change his stubborn "only one up front" policy. I based it on the £20m they were quoted as having paid to buy the club, £8m losses first year, £4-£5m losses last year and probably more this year, spending around £8m on players and let's not forget the £6m you tell me they're spending on your training ground. I make that £45m'ish. Add in a couple of players in the Jan window and that's how I got to £50m. Does it not add up? What a tool. No, it wasn't particularly funny but the talk about you costing 4 figures was clearly a (lame admittedly) JOKE. You're treating it as if he was being serious. Get a life Try actually reading my posts. At no point did I say you were £50m in debt. I said that if the Liebherr's wanted to break even they'd probably want around that figure given what they've spent so far. For about the 100th time, there is no unclear ownership situation at SAAB. Spyker cars, under Victor Muller, own SAAB. Antonov owns Spyker sports cars which was a seperate division that he bought from Spyker. Nothing unclear, nothing opaque. And before anyone brings it up again, Victor Muller ISN'T listed as CEO and co - founder of CSI. he's on the CSI website because Antonov retained him as CEO of Spyker Sports when he (Antonov) bought it, just as he kept Lampitt as CEO at PFC Let's go gently for you, shall we. The figures I listed from the accounts are there for all to see and I quoted them. Then, when I replied to Gemmel I quoted the figure he used in his post. No backtracking, not saying the info was from elsewhere, just using what was in the posts I was referencing. Gray is (please God) off to Forest. Would be happy with O'Driscoll but also wouldn't mind Derek McInnes being given a chance or, despite his obvious handicap, Paul Tisdale.
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Steve, ref the £24m figure, I was quoting what gemmel said in his post below: And whilst you dumped twelve players, my lovely Transfermerkt.com website (I know it's not the bible but it's usually not too far off) says you bought Chaplow for £800K, Guly for £500K (plus a loan fee before the permanent deal) Richardson for £475K, Forte for £200K, Stephens for £150K and Dickson for £130K which makes £2.6m including the loan fee (plus presumably higher wages than many of those they replaced). So that would take your loss estimate up to £5m. I guess we'll see when the accounts are published (and you can get accused of having an anti Cortese agenda when you post them) Talking of wages, someone on POL was told that one of your corporate guests ws recently told that Lambert and Barnard are both on around £25K a week. Any idea if that's true? I read that it's £2.5m basic TV money plus additional for every live game. I included that in my fascinating round up of Pompey's estimated income this season
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Oh, you've got the better infrastructure, there's no arguing that. But to be fair it's taken £24m (and that was the accounts for the year before last, nor last year’s remember) to get you where you are today (plus of course the cost of players you’ve bought). That's not to mention the losses per year (£8m yr1, presumably more losses last year) so it's not quite as rosy as you make out. If they wanted to sell and make a profit you’ve got the £24m they paid, plus transfer fees (£10M?) plus two years of losses (£14m) so you’re looking at them needing a price of £50m just to break even. Not sure about your valuation of the land at the training ground – would anyone get planning permission there? Plus, of course, you only own half of it. I’m not knocking what you wrote, just balancing things out. Of course, we don't actually know if CSI DID pay £17m for Pompey – that’s just a price that was bandied around in the press. They may have taken it for a small price after agreeing to take on the debt. Chinny never paid anything for the club and seems to have smuggled out cash while Azougy was here so he's not going to be out of pocket, we'll probably never know. The car park land is a massive red herring, because unless CSI (or whoever) plan to expand/ redevelop the ground the land is of no use whatsoever. Gaydamak is sitting there with a mortgage on it getting little or no return. He can’t sell it to anyone else because it’s no use to them as any application for planning permission would be denied by PCC and tied up for years in legal actions. I’m not even sure you’re right about why CSI bought us. I think they just wanted a club to add to their sporting portfolio. They’ve already said they won’t be investing massively on the playing side of things and are looking long term. I know you lot are wetting yourself thinking things are going to go tits up in the immediate future but it’s hard even for you to deny that they’re decent businessmen looking at the various businesses they’ve built so why would they take on PFC to collapse it so quickly? That just doesn’t make sense You didn't actually read what I wrote, did you? [ When was your sense of humour bypass carried out? Jesus Christ O'Neil joined Middlesbrough on 31st Aug 2007. So technically you're right, it was four years and 6 weeks ago (sigh) Dubya, quite apart from the bizarre nature of your post making it seem like the CIA have been waterboarding you for a few days, I'm not surpised if they turned down £25m for you. Looking at what they paid, the losses they're currently supporting and the cost of player transfers and wages why would they have taken a loss? £20m was just their initial investment. The question is, how long are they prepared to keep funding you at the current rate and at what point do they pull the plug if they don't reach the PL? This year? Next year? Even if you do go up how long before they cash in? And who buys you then? Could be another Mansour. Could be another Carson Yeung. Well, you got Faraj right two years ago. What have you got right since then? CSI dropping Pompey to buy Bournemouth was it? You've mentioned their budget again here. Can you please just once stop running scared an answer me why you think the budget they allocated last year will be exactly the same this year? Let's face it Dubya, you only started calling me The Troll when I started calling on you to back up some of the absolute grade A ****e you spout on here, including your embarrassing gaff in thinking Antonov owned SAAB. You don't annoy me Dubya, I find your desperate scrambling to try and claw back your own sense of superiority incredibly funny. That's why I keep asking the question - because it's so much fun watching you squirm away from answering it
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Thanks for a decent response Kraken, always happy to debate sensibly. My post was based on the figures in your published accounts which said you owed just over £7m to creditors in the next year and £14.68m after more than one year. That may be to pay back the money Liebherr put in that Granty mentiones below. However, unless the Liebherr family want to make a gift of that money (and of course they could turn those loand into equity but you don't know if they will) that's £20m+ in loans plus the £13m purchase price they might well be looking to recoup. The accounts also said you had a wage bill of £12.2m in L1 which has undoubtedly gone up since then and whilst I agree you got a good deal for Chamberlain you made losses of almost £8m for the accounting year and it's hard to see how you made a profit last year so the Chamberlain money might just go some way to paying those losses off. All speculation of course but at least there's some evidence in the accounts to show where that speculation came from What kind of academy signs players that age you ask? Yours, actually. Based on the players someone quoted above as making money from your academy set up, Baird joined you aged 16, McGoldrick and Blackstock were both 17 and Leon Best was 18. Thanks for teeing me up Torro. As for the fees, O'neil went for £5m http://www.guardian.co.uk/football/2007/sep/15/newsstory.middlesbrough Begovic went for £3.25m http://www.independent.co.uk/sport/football/premier-league/stoke-sign-begovic-for-pound325m-1886109.html And as for Wilson, we'd already turned down straight cash bids of £3m for him. http://www.guardian.co.uk/football/2010/aug/23/west-brom-marc-wilson We got £3m plus the two players. Err, I think you'll find that it is. PMSL
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Too much guess work? ROTFL. That's coming from the king of supposition. It wasn't about value for money, it was a reply to a post saying CSI had spent "naff all" and I pointed out they'd spent more this close season than you had. As for us not paying for players in teh first place - why did their clubs let us sign them then? Was it giveaway day at Chelsea and Arsenal when we signed Johnson and Diarra? You were stupid enough to say we didn't make a profit on those players because we owed money to the original clubs when we sold them. I pointed out that at cost prices of £4m & £5m respectively and selling prices of £18m and £19m I think we probably did make a profit. Typically, you posted an absolute crock of **** and made yourself look stupid. Again. I looked at the reports. Are Pompey implicated in any way because they're not mentioned once in any of the reports on the web. 1. The money for Fox and Cork is just what you've spent this season. Let's not forget the amount you spunked to get out of L1 that the Liebherr's will probably want back 2. is the money from Chamberlain earmarked for squad improvements or to reduce some of the £20m odd debt that was reported in your accounts? You don't know. None of you do 3. You only own half of your training ground and lease the other half. i would suggest St Mary's isn't worth much, probably no more than Fratton park. It has no value other than as a football stadium or for the land it's on. 1. I thought you all said we'd spent all the parachuute payments. Are you changing your minds now? 2. As I pointed out, they spent more than your owners this close season so how are they "not looking interested"? 1. If the Liebherr's leave do you think they'll just walk away or will they want the £20m or whatever they've spent on you back? 2. You've produced some decent players through your academy. But can I just point out that over the last four years we've also pulled in £11m for O'Neil, Begovic and Wilson so we're averaging almost £3m a year from our academy sales. Not bad when you consider most on here keep telling me we don't have one As opposed to you lot who have such a great sense of humour about Saints that whenever I point out anything might be even less than 100% at St Mary's there's a lack of humour shown that would shame Morrissey
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Agree with your figures. However, you say there's no way we'll get to £13m income. Bearing in mind I'd already included the CSI "budget" that Dubya is adamant they've set (£8m for the year) so if you take out what they've spent on players (£4.2m) that adds another £3.8m onto the income. Of course, they may have allocated more than £8m for the year or they may have allocated less (Dubya doesn't think budgets change from year to year so let's go with his figures). Then, of course, there's the possibility that they may be paying for the players they've bought in instalments and have only paid 50% up front which would add another £2m onto the total. But let's just go with the £3.8m for now which takes us up to £10m. Add the TV money from SKY (which you seem to have forgotten about) which is another £2.5m min, plus the commercial side, plus matchday money other than gate receipts, plus sponsorshipand are you really sure we wouldn't reach £13m? seems to me like your figures are a little off. I acknowledged in the original post that there were other costs involved, not just players wages but it seems to me that as there's no talk of people not being paid and we can afford to fly to away games there doesn't seem to be a problem at the moment. What about Saints? Are you living within your means? Your wages bill two years ago (according to your accounts) was £12.2m in your first season in L1. How much do we think that's gone up to now? £14m? £15m? If we say that your average ticket costs (let's be generous) £25 and your average gate (again, let's be optimistic) will be 25K that comes to £12m after deducting VAT. £2.5m TV, £3m matchday and sponsorship and a couple of million on commercial and your wages are already 75 - 80% of your turnover and that's being optimistic on tickets and crowds. Living within YOUR means? I know - "Liebherr, Billions, blah blah, blah" but what happens if the family decide they don't want to fund you anymore? That they either want to sell you or want you to become self sufficient? Not completely out of the question, is it? Dubya, can you confirm what CSI's budget for Pompey is this year please? But they've just spent more on players for us than your billionaire family have. Naff all??????? Which I understand completely. However, my point was addressed to Holepuncture who said thatw e wouldn't have seen any money from the sales of Diarra, Johnson etc because we still owed money on the fee we paid for them. Even allowing for a sell on clause do you really believe we made no profit on Diarra (bought for £5m, sold for £19m) or Johnson (bought for £4m, sold for £18m) even if we still owed some money on the original fee? If you genuinely think that, could you demonstrate the maths for me because I'd love to see your rationale. Unles you're talking complete ********, of course
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Well I'd think adults in the Fratton End, South & North Stands would make up around 90% of ST holders and here's the pricing for those: Fratton End/South Stand/North Stand - Adult First Phase: £450 - £19.56 per match Second Phase: £499 - £21.69 per match Yes, there are concessions for kids and the family enclosure but as our family section is very small it can't contribute that much. How much would you say other ST sales other than those listed above would contribute to total sales?
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Silly mistake to omit the VAT but even so, average ticket price is still going to be higher than you're making out. Most games are £30 at Fratton with a few at £25. I'm a ST holder and games work out at £20 for me so how £20 would be the average is beyond me. The £44 family ticket ( a good initiative I think) won't sell thousands I think the average price is probably around £22 - £23. At gates of 14,500 with VAT deducted that still gives you over £6m in gate receipts. Add in TV money, commercial income and whatever CSI add (£3.8m minimum according to Dubya Phil) and you're at around £12 - £13m. I said in the original post that players wages weren't the only costs but you seem to have ignored that. You also ignored the fact that I said £15K a week wouldn't be the average and have just taken the £16m as a final figure. Nothing like ignoring the contents of a post to fit the agenda, eh? Ah, the Holepuncture. remind me, what's the record for mistakes I've been able to point out in one of your posts? 6? 7? Are you still adamant that we didn't make any money on the sale of Muntari? Or Diarra? What about we didn't make any money on the sale of Johnson (bought for £4m, sold for £18m but, according to you, we owed most of the money we got to the club we bought him from). What about CSI owning SAAB? If you want to call someone a tool I can suggest someone much closer to home for you.