
Corporate Ho
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Everything posted by Corporate Ho
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I'm surprised for fans who pride themselves on how well informed they are (not to mention how far up their own arses) just how much you get wrong. Granty confidently reported a while back when you were all pontificating (again) about how much our players were paid that Hughes was on £35K a week. It's now come out that he's on £22K a week. Still big money for an average player but demonstrates that you've got no idea how much our players are paid. Bleating on about how much we're paying for loan players when you have no idea what the deal is. I saw someone post that we're paying £16K a week for Halford. I'd be interested to see a link confirming how much we're paying him so please, post away. In your ridiculous bitterness towards Pompey you now can't even digest basic facts from a Guardian article. There was no £1m advance. Azougy did a deal with Spurs for Kaboul and Begovic to join them at a combined fee. Begovic wanted first team football and refused to go so we sold him to Stoke. Spurs say that the fee agreed was a joint one for the two players and are claiming £1m as only one player joined - but they still signed Kaboul and that's why PFC are disputing we owe them anything for a player they didn't sign. Depends if they have any paperwork from Azougy confirming the deal they're claiming. As for the other post about Redknapp/ Spurs giving us an interest free loan. PMSL. Read the article before jumping on your high horses and developing ludicrous conspiracy theories.
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You could alway try reading what I actually wrote I suppose. I said BEFORE CHAINRAI ARRIVED our debt was around £35m. That included some arrears to HMRC but nothing like the level it eventually reached. After he arrived, it escalated, which can only mean that Chainrai either couldn't or refused to pay them. You're also being selective in saying we owed them £32m as that included their claim for image rights payments that the court decided wasn't valid. The fact is our debts since Chainrai took over have escalated dramatically and has seen him gain secured creditor status AND get the club for nothing. Is it any wonder Pompey fans look at the FL and ask how he passed a FAPP test? I know the results history. But believe me, it's you lot who bring up the 4 - 1 results all the time on here, banging on about it as an illegal result. If that's not bitter I don't know what is. Most other fans don't know the full facts about the way Chainrai gained control and put us into admin though. I imagine Saints fans do because you're always bigging yourself up so much on here about how clever you are (despite getting pretty much everything wrong throughout this thread). It tells me that we have players in our squad on high wages that we can't shift as they have contracts. Stupid not to have relegation clauses in their contracts but as they didn't, what do you suggest we do about it?
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Assuming you'referring to our debt, before Chainrai came in we were about £35m in debt. That somehow rose to the £132m Andronikou quoted. Our financial problems have been engineered/ manipulated by these crooks for their own benefit but somehow, in your (Saints fans) hatred and bitterness to PFC it's become the club's/ fans fault. We had no problems with HMRC up until Gaydamak stopped funding and Standard Bank called in a £40m loan overnight - a bit more than the £6K that caused your problems eh? You lot constantly bleat about wages for loan players with absolutely no clue about how much we're paying them, whether we're paying anything of their wages or a percentage. You say we should have moved players on to cut the wage bill but they're on contracts and refuse to leave. You pick on one post by a Pompey fan on a messageboard somewhere and somehow it becomes representative of every Pompey fans views but ignore the fact that Saints fans post incredibly dumb comments on this very board (Lambert for England anyone?). The year we were promoted the common view on here was that we bought it. Now you're doing just that it's apparently completely acceptable. It's all so laughable. Or would be if anything new got posted. It's just the same old ****, going round and round and round and it's dull and boring. It used to be a really good laugh on this board but Christ, you lot got so bitter about seeing us above you after relegation and then the cup win. It's so dull. 4 -1 x 2. PMSL
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Christ, I can't believe you retards are STILL going round and round in circles about this. One minute you're moaning that we have the highest paid squad in the Championship (we don't, but let's not let that stop you eh) and then you're moaning when we're trying to stop paying Brown £35K a week to take him up until he's 36. Not only that but how are we supposed to get the likes of Utaka off the wage bill when they have a contract and refuse to leave? Bleating about the youth players on loan is very boring too. In effect it's only one player, Marlon Pack. Ritchie who's now going to Swindon permanently was offered a new contract but turned it down. I know those two 4 - 1 defeats hurt but let it go now. 722 pages of bitterness is enough, surely?
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Sorry mate, rewriting history again. I've never boasted about anything. I didn't even come on here gloating when we won the cup (although I did read everyone's posts and laughed myself silly at 99% of you lot saying we only won it because we played lower league opposition all the way through - and I laugh now at, again, the rewriting of history as that's been changed to we "cheated" to win it when there was no mention of that at the time). But again, you show either a complete disregard for or a wilful ignorance of the facts on the actions of Pompey fans. Before you start bigging up yourselves (again) for your protests try and remember that a group of Pompey fans actually got to meet with the PL to discuss their concernsand a mass rally was planned only to be scuppered by the local paper, who have been pro Chainrai from the start running a story that it had been cancelled (there's one for conspiracy theorists). We've also had several of our fans in contact with various journalists and publishing stories that have been picked up by the media (large chunks of both the recent Spectator and Martin Samuel pieces were lifted from articles published online by Pompey fans). Stop bigging yourself up all the time and I might be a bit more civil. You remind me of what a german player said of Ballack - if he were made of chocolate he'd lick himself
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Good to see both you and the press have finally caught up with what Pompey fans have been telling you for months on here. The whole thing was a con to allow Chainrai and Kushnir to take over with no outlay. The non payment of the HMRC would therefore seem to have been deliberately orchestrated to push us into admin and allow their takeover with Andronikou's collusion. That would seem to me to be fraud plain and simple. It also makes me ask the question, when for ages you were ridiculing Pompey fans saying the PL had anything to answer for our problems, have you revised that opinion now as it's clear that they had a duty of care to one of their member clubs that they failed in spectacularly. Leaving aside the fact it's PFC, if this had happened to Saints would you feel the PL had been at best negligent and at worst partly complicit in a massive case of fraud?
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"Maybe the national media are now getting it"? LOL Did you not see where the article originated? It's by a Pompey fan (I Like Diop on Pompey Online). Pretty much any articles that the national media have done about the crooks around Pompey have been lifted almost wholesale from articles like this one by Pompey fans who have been pushing for action.
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PMSL? How many mistakes can one idiot make in just one post? Best Ive seen on here for months And you lot have the temerity to have a pop at intelligence levels in Portsmouth.
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[ Lots of conspiracy theories on here about Lampitt being a FL plant. From what I hear, it's exactly the opposite. Ask yourself who appointed him and why. Remember the old hippy slogan - "If you're not part of the solution, you're part of the problem". Which one is Lampitt? I said the majority called him Storrie teller. Some did sing his name, but it was very few. Unsursrisingly, just like Saints fans, different Pompey fans have different opinions. FC, you make some intelligent points but again like others fail to give a balanced picture. For instance, how much did we owe HMRC back in 2008? Nothing to very little as far as I know. Yes, we were £40m in debt but with £40m odd a year coming in from TV and more from gate money. Not forgetting that most PL clubs were in far more debt than us (and still are, check out Fulham for example). But, the fact is that we had a squad that probably doubled what we paid for those players in transfer revenue when we came to sell them. Distin, Diarra, Muntari, Johnson, Benjani - look at what we paid for them and what we sold them for. I accept that we paid a lot in wages but for a total transfer outlay of about £8m on that lot we recouped around £60m in fees. Again I accept that it's a gamble but it's not as simple as you saying we were £40m in debt and that's it. We had quality assets and if we'd carried on like that, selling a player or two a year for big profits and building the squad that way it's a decent recipe. It's no good you guys saying we should have invested in infrastructure - how many times have we talked about a new ground for Pompey on here? Pompey fans want a new ground and want someone to invest in that. You can't blame us fans for that lack of investment. The problem came when Gaydamak stopped funding and Standard Bank called in a £40m loan overnight. It's what happened to you to put you into admin but on a bigger scale. Yes you got a new stadium but don't you think Pompey fans want that sort of investment? Whatever anyone says, nothing will persuade me me from my view that Pompey had enough assets to sell to avoid the recent collapse but they've been used in a business scam for other people's financial benefit.
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Phil, for an intelligent guy you miss quite a lot (especially thinking that typing "allegedly" in front of something would protect you legally). There's been far worse posted on here about various things so if Granty and Baj want to delete it feel free. You mention our "previously revered leadership" but Storrie has never been revered by the majority of Pompey fans. He's been called Storrie Teller by most of our lot since he joined. But your point about the Faraj/ Fahim takeovers misses some key info. Gaydamak refused to sell to Faraj because of who his backers were - Chainrai and Kushnir. Their names were confirmed to the PL at the time which the PL admitted when they met with the Pompey fans. This makes a mockery of Chainrai's claim that he only got involved in October last year. Fahim had the money via his backers who assumed they'd get through the FAPPT but that went tits up so he sold to Faraj. Faraj did show proof of funds and I've been told by someone involved how much he was showing as available. Where that came from who knows (I have my suspicions) but of course it never materialised and that allowed Chainrai to step in seeing a "business opportunity" with his loan. A loan to Falcondrone (a company he was already involved with, not to PFC) which when Faraj defaulted on it meant he could seize the club. It's money the club never saw, gained no advantage from and was routed from the BVI to the BVI. So now Chainrai effectively has the club and because it was Portpin who loaned the money somehow also becomes a secured creditor for this mystery amount. A scam or a brilliant manipulation of the law? You decide Nick, pretty much all PL clubs are running at a loss (not just PL clubs I might add) so debt is not a surprise. You say here you were losing at least £6m a year (players you couldn't afford? CHEATS). Most businesses have debts or loans. We believed (as you lot did) that the money was coming from Gaydamak, not from loans, in the same way Chelsea or Man City are run. And the fact is that when we won the cup the debt was affordable because there wasn't an issue servicing the debt. Many of the players on high wages like Distin and Campbell were free transfers so while the wages were high if you factored in what we saved on transfers it probably evened out. I'll give you an example - we could have bought an average PL defender and paid £3m for him and paid him £30K a week for two years and it would have cost us £6m. Or we could sign Distin on a free and pay him £60K a week and it wouldn't have cost us any more. Buying the likes of Crouch and Defoe was a mistake and we paid them too much but neither was involved in the cup win. As for going into administration twice, I've constantly told you that the first time was because Martin Gregory loaded debt onto the club. Someone on here disputes that it was to keep his other business running, that's what was reported at the time but he DID take out massive loans secured on the club for personal reasons of some sort and that's what drove us into admin. This time, it's pretty clear to see that whilst we had debts they could have been serviceable via PL money or parachute payments had the likes of Fahim or Faraj not been allowed to take over with either no hope or no intention of running the club legitamately which then saw the debt to HMRC etc escalate - deliberately so in my opinion
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You really are a bunch of 'tards sometimes. It just proves that you don't actually read what I post on here. Since the day Andronikou was appointed I've always said he was nothing that Chainrai's ***** and that no-one else would be allowed to buy the club but dear old BC. Plenty on here have used the £120m figure (it was actually £138m if I remember correctly) regarding the "debt" and I've constantly said that the figure was nowhere near that figure and in relity not even at that level as the amounts we "owe" Chainrai and Gaydamak are dubious to say the least. My opinion is that Andronikou conned the courts and look back at my posts and it was me that highlighted a piece in one of the broadsheets detailing his previous cons. My issue is you calling PFC cheats when what is actually being perpetrated by Chainrai, Kushnir and Andronikou is a crime, not cheating and it's nothing to do with the club. But onto the subject of us "cheating" to win the cup, tis is where you lot achieve world class distinction in revisionism. When we won there was no mention by you of us "cheating". Apparently 99% of you thought we won because we only had to play lower league opposition - so there was no need for us to cheat was there? There was a mention the other day that our Man U win wa only because they were down to 10 men and Ferdinand was in goal - but no mention that this was because their keeper had been sent off for bringing down Baros in front of an empty net. This is why I always accuse you of being bitter and jealous about our cup win because there was never even a tacit admission that we deserved it because we beat the teams put in front of us. And the tax and transfer fees were all being paid back then too so just let it drop because all it makes you look like a bunch of spoilt children. See my post above and refer back to my post highlighting his previous slimey misdeeds. The whole thing has been a scam from start to finish, ever since al Faraj bought the club from Fahim. Oh, and Sue, don't start mentioning thngs like Socratic dialogue on here, it makes you look desperate to impress and very, very needy, not to mention a pseud of the highest order
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No, Im not. We owe Chainrai £16m for a loan that one of his companies (Portpin) lent another of his companies (Falcondrone). Andronikou let slip in court that both companies are his. That money never reached the club but was funnelled straight back to the BVI. So when Faraj "defaulted" on the "loan" Chainrai got the club. So if he's got the club why should we still owe him the £16m? Similarly with Gaydamaks £35m. We "owe" him that because that's the value he put on some land to Fahim when he sold him the club that's actual value is perhaps 20% of that. My concern over these "debts" makes me a dumb ass does it? Would you be happy with those debts if they applied to Saints? I think not But how much more than that £10m can he make by selling Kitson, Lawrence, Nugent and anyone else he can in January then folding the club us unsustainable and selling the land for market value or developing on it himself? There's a council ban on it as we know but he can let it crumble away for years and eventually he'll get planning permission. And let's not forget the counts still got his £16m secured. For someone who made a phantom loan to one of his own companies you almost have to stand back and admire it Value of selling Wilson to Stoke as a stand alone deal - £4m. Sell Wilson for £1.5m then sell Kitson and Lawrence for a combined £4-5m in Jan and which looks the better deal? We won't get as far as the planned liquidation. I suspect he'll pull the plug before then. Like I said, look up John Redgates track record.
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I read it. Like you lot it failed to mention just how much of our debt is owed to current and former owners who loaded the debt onto the club and are still making money out of it. An article that completely failed to even remotely dig beneath the surface of what's happened. Saints fans have condemned Pompey fans for laying even part of the blame for our predicament but it's hard not to look at the way Chainrais taken over the club and not view it as a scam from start to finish. When Faraj initially tried to buy the club before Fahim the PL were informed that Chainrai was a backer, despite his statement that he'd had no involvement before his mystery loan last October. Would you be happy with the PL/ FL if they allowed someone to take over Saints without ever even meeting him but by just having a look at his passport? That's what they did with Faraj. Chainrais plan is to strip the club of whatever he can (let's see if Kitson and Lawrence are still at the club by Feb) and then liquidate us. It's been the plan all along. If you doubt that look at the business record of our new finance chief John Redgate. 8 of his 11 companies have been liquidated.
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The problem I have with you lot on here is how ****ing sanctimonious you are. You bang on now about us only winning the cup by "cheating" when at the time none of you mentioned it. In fact, at the time you were all telling me we only won it because we only had to play lower league opposition all the way through (conveniently forgetting our win at Old Trafford). Tell me if fans of another club said the same of you that you wouldn't say it just smacked of sour grapes? You consistently bang on about us "running up" £120m of debt when over half that figure is owed to our beloved recent owners, not to other clubs for players. As you're all so sickened by our failure to pay HMRC I assume anyone with a Vodafone contract has now cancelled it due to them avoiding tax conservatively estimated at £1bn but reaching as much as £6bn according to Private Eye. You're a bunch of whining hypocrites. If it was any other club but Pompey you wouldn't give a flying one. That's why I find you such a pathetically funny bunch.
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Now, a lot of you guys on here keep telling Pompey fans they should question things more but apparently that doesn't apply to yourselves. Highest earners on "at most" £10K a week. You don't know that. You have no idea how much they're earning. I was slagged off when I posted on here that a friend heard a football agent in a hotel bar telling Boateng what a soft touch you had become with wages and how you had players on £15K a week. And you may have bigger crowds but how much is the average price per ticket? I know of at least a couple of games when there have been offers for £5 Great maths there. Run that calculation by me again. Pompey's average ticket price is around £25 but you're claiming that even at £10 a ticket you'd have £1m more than us coming in from ticket sales each year? LOL Thanks for the reasonable response. Even if we took your figures as correct that means your turnover to wages ratio is currently at 87%. And that doesn't take into account the fact that you've assumed an average ticket price for everyone in the ground of £20 which we know isn't true due to kids deals etc. So you're probably running at close to 100% wages/ turnover ratio. Add in other costs like player purchases, agents fees etc and my guess is you're trading at a loss. So what you say. Billionaire family, agreed to bankroll us blah blah blah. But for how long? People change their minds. Look at the Jack Walker family money at Blackburn. And this is in league 1. What happens when you're promoted and wages become higher? Good luck to you for attracting Liebherr but please don't give it the large one that you're self sufficient
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You scumlettes seem to constantly refer to me as having said that Maradona would become Pompeys manager, that we'd sign lots of Argentinian stars etc. If anyone can post a link to a quote of me saying that Id love to see it. Away you go girls, find that quote. Or maybe find one where I said either the plans for a stadium at The Hard or at Tipner would definitely happen. How about posting a link to a quote from me saying that? Happy hunting girls
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Everyone on here seems to be an expert on Pompey's finances (although the copious use of "could", "might", "maybes" etc never fails to make me laugh). Would anyone care to enlighten me as to Saints wages to turnover ratio? Or don't you actually know?
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Our debts were incurred mainly by paying players more than we could afford were they? I thought they were mainly incurred by having a couple of owners approved by the PL who loaned the club money at high interest rates and who didn't pay the tax man. Surely that's where most of our "debts" (I use the term advisedly because I don't believe we really owe the likes of Chainrai, Gaydamak, Fahim etc anything at all). Our "debt" of £120m that you guys refer to here includes around £20m to Chainrai. That's for the "loan" that Faraj defaulted on which saw Chainrai take the club in lieu of payment. As that happened, I'm not sure how we still owe him £20m. So that's £20m off the total. There's another £35m in "debt" that we owe Gaydamak for the land around the ground. We only owe this figure because that's what he valued it at when he sold the club to Fahim. Given how dodgy that deal was I fail to see how that "debt" can be accepted as real either. So that's already £55m off the real debt total. We still owe some money in transfer payments but those will be paid in full. The money we owe to the tax man is a very poor show admittedly but the £38m constantly quoted on here is incorrect as it included the image rights payments. Whatever your thoughts on the fact of it being an admitted tax dodge, the fact is that it was viewed as legal by the courts (and your own accountants will be exploiting loopholes to save your club paying various forms of tax so let's not get on our high horses eh?). The fact that we owed the tax money any money is very poor but they cut their own noses off to spite their face as we offered at least half of what we owed back in January which they refused to accept deciding to go to court to try and win it all - which then backfired on them. We had very little to no tax arrears when Gaydamak was in charge and the lack of payments only mounted up under two owners the PL passed as fit and proper, one of whom passed that test when his brother showed the PL his passport as proof of suitability for ownership. So, please explain how our debts are mainly the fault of mainly paying ridiculous salaries we couldn't afford
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Quick question my little scumlettes. On the subject of Kitson and Lawrence, what's the difference between paying two decent players £20K a week each or taking on four less able players at £10K a week. What's the financial impact on the overall budget?
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This board presumably. You pay more attention to what he says than anyone else
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"Shivers down the corridors of power". PMSL No it won't. I can promise you that in the extremely unlikely event we were to get promoted this year (and there's already a campaign starting on Pompey boards to "Stick the PL up your arse" as plenty of Pompey fans hated the league and all it stands for) no-one in the corridors of power will be even slighlt chilly, let alone shivering No there wouldn't. Really, there wouldn't. You lot really need to get over this.
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That's a ridiculous suggestion. Everyone knows that the entire football world, not just a few bitter Saints fan on a messageboard think Pompey should be hung, drawn and quartered and be made to suffer relegation to at least local U10's schools level for what's happened.
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Straight into the squad for tomorrows game at Millwall allegedly. Bang goes yet another Saints Web conspiracy theory Aren't you all getting tired of this constant state of outrage you're in about anything to do with Pompey? It really is beyond ludicrous now
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This is the kind of thing that makes me laugh so much on here. The mock outrage and indignation. The sanctimonious handwringing and the constant bugging yourself up about how smart you are - when the FLs refusal to allow Chainrai to take over is nothing to do with what Rallytard has written here. Their issue is Chainrais status as a secured creditor. They're saying he should either have the club (as payment for the "loan" al Faraj allegedly defaulted on) OR remain as a secured creditor and get his cash back that way. But he can't do both as then he would be paid twice for the same thing. Pompey fans have been pressing for an answer on just this for ages without response. Looks like the FL know what they're doing. But you guys are so smart Im sure one of you has already posted this and I somehow missed it
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You are such a bunch of ******s it's untrue. Pmsl at the lot of you. You never fail to make me laugh