pedg

5th goal on 63 minutes.

what he said above.

4-1

I assume like most other teams in preseason friendlies pompey will put out a completely different squad for the second half?

In a concrete boots, swimming with the fishes, sort of way.

It's just lucky for them they will not be meeting teams as good as Gibraltar in the league.

Indeed and there have been many variations of the same thing on this thread. If you give me an advanced fee of £20 I will find them for you and you can use them to gain thousands!

Someone should total up all the deadlines. Would be quite appropriate if this one was the 13th!

lots of moaning about the players not accepting compromise agreements. No comment on the the story that chainrai has refused to accept any compromise agreement that given the players a chance of actually seeing the money.

Fail to see how a deal is coming together? It's clear that unless chinny accepts some of the parachute payments will go the the players that leave then the 'hard core' will not go and there is no sign that that is going to happen.

Surely then it would read "Everyone has to take a hit, except me obviously"

Welcome to HOW. And first up we have Fred Dineage telling us how to rescue a morally and financially bankrupt football club...

Never!

Brooks, Coulson and others now formally charged and will go to court http://www.cps.gov.uk/news/press_statements/operation_weeting_-_cps_charging_decisions/

and no need to worry about the rules concerning the maximum number of players one club can loan another as this is pompey where the normal rules of space, time and football don't appear to apply.

Might as well just play the complete Gibraltar squad.

Why should it be any business of Chainrai's how any agreements are made anyway? All he has stated publicly is he will not take over until the wage bill is reduced. If Birch makes agreements against the future parachute payments to reduce that wage bill then Chainrai should not have any input. One assumes he has privately told Birch that he will not take over if the parachute payments are used that way but then Chainrai is not the only interested party is he? What is to stop Birch reaching agreements with the players against the future PPs and then to sell the club to the trust if Chainrai refused to carry through with the CVA?

I assume the exclusive pompey letter writing club with be handing a well structured letter to Chainrai next?

Surprise, Surprise. Players prepared to do deals again the future parachute payments but chinny does not want that.

Varney's move is a good one for the other players. The money paid for him will pay off the remainder of his outstanding transfer fee meaning a reduction in the other football creditors so more of the parachute payments money will go to the remaining players.

Given that when a player leaves they are due all the money they had otherwise not been paid one would assume that a compromise agreement was a necessity.

Actually the article says "About 10" (Surely even he should have been able to use his fingers to count the exact number?) so I not be surprised if there were only 7 or 8 of them.

How is him tearing up his contract going to make it worse for them? Goes on about the best thing would be for someone to buy him but that's not going to happen so in reality tearing up his contract would help but can't see it happening. I suspect he is not talking about tearing up his contract and walking away he is talking about leaving on a compromise agreement which would cost the club. He way love the club but obviously not enough to make him walk away without any money.

From a few pages back.. (Poor grammar is UHY's, not mine) In previous administrations, there hadn't been a comparable amount of money owed to players and a greater proportion of the outstanding football creditors were other clubs who were due stage payments in respect of transfer fees. However, there isn't a lot of transparency over how these payments were made and who the recipients were. The problems come with the interaction between Football rules and insolvency law. If the club had an absolute entitlement to receive the money, then they would be seized by the administrators/liquidators. They are instead discretionary payments that are normally paid under particular circumstances. The Football Creditors rule is only a 'club rule' of the Football League and only applies to clubs who wish to participate in the league, rather than an insolvency law. If the club wants to remain in the league, football creditors are front of the queue. If the club is liquidated and is not continuing, then the Football Creditors are treated the same as all other unsecured creditors. Under insolvency law, the players will probably receive nothing from the club - this is where the 'they get nothing' view comes from. The fact that the PPs are discretionary payments puts the ball in the Premier League's court. They make the payments, they have previously withheld them to pay Football Creditors, but the rules are deliberately vague. and This quote was in the context of the Conference not having a Football Creditors rule and transfer fees, but he only talks about payments to clubs, not clubs and players. A definitive answer from the Premier League about what would happen with the remaining parachute payments in relation to the football creditors would clear the whole lot up but if they will pay the football creditors on liquidation they are not likely to say so pre liquidation in case the blame cannon gets turned on them more than it already is.

Believe there was tweet from a hack quoted a page or so back claiming to have spoken to chinny and only mentioned the need to get rid of the magnificent 8.