derry

Or more. They apparently have to have the CVA and and if not accept any imposed penalties before they get the licence to play. It happened to us even though we didn't need a CVA.

The FA could pay the football creditors as they did with the tv money in January. There is about another £12m due in transfer payments. I wouldn't bet against Pompey getting nothing this year.

I knew that but I'm not sure about the legal position. The CVA, if there is one, looks after the creditors. The football debts have to be 100% settled or there is no licence plus all the malarkey of points deductions etc. The FL are no pushover and turned Fry over. This is going to run and run.

So who by law has the administrator to protect, the shareholders or the creditors. The CVA, football debts and the licence could be a real mess.

This is going to be interesting Chanrai's spokesman says he is going to fund the club whilst in administration and pay the administration costs out of his own pocket. Hope he's got deep pockets.

SFC had a massive advantage last year as the club continued to trade out of administration as it was SLH in administration not the club, therefore any money paid to the club was outside the administration. PCFC will be in administration, therefore any intention to pay in money for specific creditors can't happen.

The administrator won't be able to favour one creditor to the detriment of the remainder.

He might pay it but he won't have any influence after administration. The money he pays in,, will go in the administrators pot not to HMRC and will be used for all creditors not just to pay one.

Increasing by at least £1.5m per month.

5 calender days Ron, or 5 working days which would be Tuesday.

Could the judge still hold the court hearing on monday as the notice was today, so needs 5 (presumably) working days before an administrator can be appointed, ie Tuesday so I presume they won't be in administration on Monday.

Just having a look at CVA figures, 75% approval, HMRC debt now about £18m in total plus £8m in july makes £26m ish which means unless the debt is over £100m they can block any CVA. It is safe to assume that the salaries alone will take care of the income. The FA receive the Sky money and will pay that direct to the clubs owed about £12m at the end of the season, so how are they going to make this work as most of the best players are loans. We know how difficult it is to get high earners off the payroll. Paying them off won't be an option and the football debts have to be paid in full. I'd be interested to know if a notice of administration trumps an ajourned court hearing.

Insignia, not pub, and he's not picking me up, just interested.

Which one?

They are not next to each other. There is a unit between them. Shown on BBC South news tonight.

FFS forget the politics, apart from world wars has this country ever been in a bigger mess? Printing money, incredible debt, uncontrolled immigration, political correctness gone mad, hospitals - centres for catching diseases not curing them, etc, time for a change I think.

Sanity was never a required qualification for running a country.

What if- The judge considers Chanrai's freehold for £10m illegal and reverses the deal. As the major (90%) shareholder/owner he has sold the freehold to himself. I'm no insolvency expert so I'd be interested to know in the light of the ajournment and the forthcoming winding up hearing, whether the company can act without referring to the judge. Also why should Chanrai settle £10m of his debt whilst disposing of an asset that would go against the debt to the winding up applicants already sub judice.

The Chairman was looking forward to a win at Norwich. That concentrated the minds. MKD, Pompey, and today we have set up and played positively. All after the Chairman's comments. We have set up and played negatively far too often, consequently the football has been pretty poor at times. If Pardew would make his default position positive and give it a go, like he is now doing, he could yet become successful. It may be too late, but if he gives it his best shot in the remaining games and doesn't revert to negativity, we could yet make the play offs by winning nearly all our games.

Most appearances in a winning team. but that doesn't tell the whole story. ie Davis as the percentage would give Bialkowski a better record.

League. Davis( Bialkowski 5/7 ) ( Davis 7/22) James Trotman Jaidi Harding waigo Hammond Schneiderlin Lallana Lambert Connolly

He looked pretty good against Cardiff towards the end, a game we won.

So I take it then, if we only take two points from the first four games next season that most people will consider the playoffs out of reach again. A lot has been made of the effect of minus 10 points, dropping 10 points in the first four games would not be the same but be similar in relation to the top six places.

When we signed him Pardew said he was excited about what he had heard but that he hadn't seen him.

I think Cortese's published comments were a measured response to Pardew's quotes in the Observer/Guardian site article the previous day. Also a shot across the bows because of the differing targets.