Channon's Sideburns

But the question for me is this - if the value of their assets is less than the value of their debts, how can they go into Admin? Not only that, but what have Poopey got to sell? Players? Can't do that. So, how does an Administrator pay the wages at the end of the month?

Oh dear, looks like Poopey have done something else wrong....6 loanees instead of the approved 5 in the squad v Man U. http://www.bbc.co.uk/dna/606/A62933385 Something else for the Premier League to ponder.

Smoke and Mirrors? Couldn't have been ANOTHER porky pie could it?

I don't think we will -this issue is all about motivation. Perhaps Cortese thinks Pards has become a little blase about things? In a comfort zone thinking that no-one expects? My bet is that Pardew already gets the message, it could be that it hasn't quite reached the players yet.

Well they can't be liquidated because the catering company took back the liquidiser. As for the admin, well they're right out of manilla envelopes. ;-)

Ah..that will be the shredding then.

Just a little flashback.. http://www.arabianbusiness.com/power100/feature/550467-welcome-to-the-power-list-2009 written by Anil Bhoyrul - he of insider-dealing-with-Piers-Morgan at The Mirror many moons ago. Hang on....which paper broke the news of the approach to the Arabs? Ah yes, The Mirror. Hmmmmmmmmm

I seem to remember that. However, if they can extract enough from the bones, I guess they may take it on. Shall we start calling him Agent Fry? Micky Fialka for Poopey Owner....!!

Could also explain Mark Fry's appearance on Solent last week, hinting about accountants already being in place.

Some more gems from Peter Storrie... - Has been at the club for around seven years and, in that time, no owner has put equity into the business. Every owner has only increased club debt. - Average turnover is £60 million, this year will be the first in which the club is close to break even (£30-£40 million on wages, £20 million on other costs). This leaves no money for player transfers when previously club has lost heavily each season. - Has personally wanted to save the club over the last year, but acknowledged the tremendous help received from other Pompey staff. - Has promised other clubs he will not leave Portsmouth so they know he is in position to help player deals and payment of funds owed to clubs - Stated that banks could have called in money at any time, and still could. Indeed Standard Bank called in the loans this was bringing the club down club down, hence players had to be sold. - Banks compounded problem as club had to pay out loan fees immediately instead of staging permanent transfer fees - Portsmouth are still paying transfer fees for players who have left the club but these will be cleared in January - All Sky money received in August went straight to Standard Bank - Club had to refinance so had to bring in owner who could put in equity - Other clubs and agents have helped the club by putting back payments due --- http://dralfahim.blogspot.com/ About half way down.

Exactly my thoughts. This is probably in reaction to seeing how many queued up for Pompey tickets, and how well received he was. He knows they are on the cusp of something good - accepting second best when we spent 10% of the overall Transfer Window spend is not acceptable. In a way, Pardew stated on Solent on Saturday that the pressure on him is always there - I think this is more a public declaration to the players to pull their fingers out. It could prove to be the best public statement of our season if it has the desired effect over the next 14 days. Wembley, Pompey Out the Cup, and a win against the League Leaders? The guy's a genius. Let's hope our players aren't as thick as pig sh1t and understand this.

I bet Storrie's favourite programme is Jackanory. Or Fantasy Island.

One thing following Jacobs on the radio. I thought he was asked to leave by Chinarai? Or not - they really are a bunch of tools aren't they?

I guess it's been reassessed - probably due to the bigger fan support than expected? Could explain the spending in the window - Nicola won't want to lose the momentum built up...because the last thing we need is another Burley scenario, where you start getting the same excuses each week. I'm not going to lay into Pardew yet, but he really needs to decide on one team and formation and stick to it. The chopping and changing (a la Burley) is costing us. As my Dad has always told me...'NEVER change a winning side'

Solent read out a statement from Cortese, which he provided when asked about the upcoming cup games this week. Basically the gist was that although it is great to have the opportunity of progression in the FA Cup, and a Wembley appearance, that the League is the main priority. He stated that the investment was made in order to reach the play offs this season - and expects better performances, starting with the Norwich game in 12 days time. --- This guy means business. Perhaps the kick up the ar$e that some players need - yes, we are in a great position as a club, but if you don't perform.......

Hellfire..I'm just glad we had no internet when that god-awful Pony kit turned up.

Nah, I reckon by that time Fred Dinenage gets a go, ably assisted by Trevor the Weather and Carl Tyler. Jack Hargreaves and Gaz Top will be taking care of the ground. Fern Britton in charge of catering, Debbie Thrower as Stadium Announcer.

Ooh look... http://www.timesonline.co.uk/tol/sport/football/premier_league/portsmouth/article7018363.ece 'At the same time, Balram Chainrai, the new owner, will have to undergo an inquisition from Premier League authorities under the “fit and proper persons” test, including a face-to-face interview. Chainrai’s financial links with Arcadi Gaydamak — the father of Alexandre, one of Portsmouth’s previous owners — and other associates are to be put under the microscope by corporate intelligence experts.'

Well I think the only 'potential' comparison is Luton, and they lost 30 points. http://www.timesonline.co.uk/tol/sport/football/football_league/article4340138.ece They had financial irregularities. Goodness knows what investigators may find at Nottarf Krap though....but we'll wait and see. Probably nothing of course. ;-) And, as we're on 'precedents' tonight, note from the Luton piece that just because you're new owners, doesn't mean that you'll get away with it. Another reason to steer clear if they manage to find someone stupid enough to consider getting involved...

..and next week on the longest thread in existence...we move onto.... Forensic Accounting. Those Poopey boards have got nothing on us. (BTW I'm not Ken Dulieu).

But.........following the posting on the fishy site about the Premier League meeting, in that they state that the money was not Chinarai's at all...but Arcadi Gaydamak's. So....therefore m'lud, Mr Chinnery is in fact not the owner - Gaydamak is. Again. Except he wasn't really the first time..oh no that was his son, Alexandre, who actually in fact is called Sacha, who really did put his own money into it buying it from Mad Milan (who hates Saints but seems to employ people from us all the time so we can't be that bad), before selling onto Thaksin..sorry Al Fahim who has a lovely Ferrari but no money..who in turn sold 90% onto Al Mirage (or was that Storrie in a fancy dress outfit?)..who had backers, who didn't remember to put the lottery ticket on...who in turn lost the club in a game of Yahtzee with Mr Chinnery...who lent Poopey the money to spunk against the wall, except apparently Mr Chinnery didn't, it was in fact Gaydamak's. Phew. Got that?

Well we have to bear in mind these are slippery fishy fookers we are talking about...so you can guarantee some storrie will be thought up.... I bet a 'high-up' club official declares an illness or something before Wednesday...

Classic..cheers Steve. Hope he can make it to the game next week.

True, I think to be honest the press smell blood at the moment...therefore it will probably be questioned in the press before long.

He'll probably pull out a card from 'Portsmouth Financial Services'....then broadcast it on 'Quay Radio'... BTW South Coast Investments was a sub of PFC. So,all in all, Poopey hate us so much they copied all of Rupey Baby's ideas...what's their catering like? Errrrrrr...ok. At least we fookin paid for ours. Hope the Taxman brings up their flights to Manchester...'so Mr Owner, you can't pay your stadium announcer 60 quid, but you fly your squad to Manchester. Hardly cost effective business sense..'