pedg

Did chainrai pass the FAPPT last time or not? I thought he had, in which case would he need to pass it again?

The advance season ticket sales would be very interesting to watch that's for sure. Also why would the admin ask the fans if they wanted chainrai as owner? Surely his job is just to get the best deal for the creditors and if chainrai is the only interested party with any money could he legally refuse a sensible offer?

If someone finds several years of a life lying around could they return them as I appear to have lost a few watching that.

Typical 'paint yourself as being picked on' piece. Bits like: Can someone point me at these daily statements by PKF attacking them as I can't find them. Plus Strange I can't remember them becoming the owners again. Creditors yes but not the owners, that is unless AA who is in charge of the CSI admin works for them and that CSI and pompey were a single entity in reality, surely not!

I asked before but did not get an answer. If pompey go phut before the parachute payments are made will there be any money to forward to gady? Surely once they are liquidated the PL will stop paying?

Some say Andrew Andronikou is the best administrator, others that Trevor Birch is the best.

The reason why we thought before that chinny would keep the club going was to get his hands on the remaining parachute payments. From what we know now the value of those must be less than the cost of keeping the club on life support to the point where they can be received?

They could 'riot' once they are together, all 4 of them, within the ground. Quite possible the more neanderthal elements could try to do as much damage as possible to the stadium?

I am not sure the police are saying when they should be wound up. More that they are, possibly rightly, worried about the pompey supporters visiting places where there might be trouble if it appears that a life ban from watching pompey is only going to be valid for a few days. One assumes the police could say they are not going to police those games in the current circumstances which would mean, I guess, they would be postponed until their position is more stable (or, obviously POP).

Thing it is only 1 point as we have only played them once. Assuming (hopefully) we would win the match at SMS we are talking about 2 points difference and that against a team that might well be sharing the top two positions with them. Plus by the time we find out how important those points are it would be too late so it would require WH to stump up millions on the chance that the points are needed in the end.

This. But even then it may open a can of worms as if they are put in the position where they are certain to be relegated what happens if they don't really try in their remaining fixtures? The league go on about maintaining fairness and its possible the only way to do that without leaving them open to legal challenges from a nearly ran on either promotion or relegation is to let them be liquidated.

So his previous statement about it being "day's" was crying wolf a bit if they can last out for another 6 weeks?

#packthefuturetescocarpark ?

Question is according to the BBC etc the next 4 PP's are to go to Gady. So what happens to those payments if pompey go to the wall? Would he still get them? Specifically would he get the next/first one? If the answer is no then surely its in his interest to come to an agreement where some goes to pompey to keep them going?

I think the situation is that the money to gady is the first PP to become available after the football debts have been paid.

Elements of the boy that cried wolf isn't there? On one hand no other club in their position has been liquidated on the other hand no premiership club had gone into admin before they did.

Articles like this one in the guardian http://www.guardian.co.uk/football/2012/feb/23/portsmouth-fans-administrator-community-buyout possibly ambiguous about this. Does it mean they have deferred 25% or they are now on 25%? Not sure we know the correct answer.

Is the agreement about when secure creditors are to be paid not in the UHY document about the CVA? Sure it has been quoted here?

Looks to me that their only real hope of survival at the moment is for some foolish fan(s) to unconditionally give them enough money to struggle on.

Not sure. The bit I am unsure of is who decided the size of the pot that going into paying the CVA. If its just what the administrator can get away with persuading the creditors to accept then I assume there is little difference between paying the football creditors 100% and other creditors 20% at the CVA compared to paying all creditors 20% at the CVA and then the new buyer paying the remaining 80% of the football creditors. In both cases the money needing to go out to pay them all will be the same?

As I understand it the earlier court case that went against HMRC (wimbledon?) was a situation where all the creditors, including football creditors I believe, got the same percent but the buyer paid the remaining football debts. What I am not sure of is whether, if the HMRC won their current case, this scenario would still be acceptable? As I understand it the current case deals more with football creditors being treated preferentially at the point of the CVA rather than after it. I would assume that if HMRC won but the earlier point in law was still valid then we would end up with a situation where the football creditors would take the same percent from the CVA as other creditors, thus increasing the money going to HMRC but that to continue to play the buyer would be responsible for paying the remainder of the football debts?

Answer B I believe. Problem is that many clubs have so large football debts that there is often very little for other creditors.

Not a good day for News corp. Sue Akers reveals the Sun established a "network of corrupted officials" and created a "culture of illegal payments". Thus leaving News Corp open to prosecution in the state under their Foreign Corrupt Practices Act. http://www.guardian.co.uk/media/2012/feb/27/news-corp-us-authorities

Will the stewards be claiming overtime?

Built in browser was fine but never played well on this forum if you wanted to quote a post. Only strange problem I have found so far with chrome is when I try to enter a capital C (i.e shift + C) it does a delete instead. Have to use caps lock to get a capital C.