Jimmy_D

The trouble is, if you get relegated straight away, that's cutting even more into the trust's (already very optimistic) financial figures. One of the trust's stated conditions for taking over is staying at least at league 1 level for a minimum of three seasons. As ever, it's the finances that still don't add up, and getting relegated would probably mean that the trust DON'T stave off another admin.

Up a creek sans paddle? They were washed back out to sea sans boat a long time ago.

Utterly fantastic afternoon for us

So, Chanrai, who now looks to be cutting his losses and just getting out with whatever he can, who today has admitted that, actually, he WILL let the club be liquidated, by your valuation of current worth, would get more from the club being liquidated than by accepting the Trust's offer? Ok. That's completely disregarding the possibility that he could just sit on it and hope he gets planning permission eventually.

So from what FMPR said, looks like the Trust's bid is based entirely on back of an envelope maths. Being less optimistic... They're only due half of that £14M parachute payment in the next year (assuming that none of it has already been forwarded.) Kanu's legal bid has to fail (and be resolved before 10 August I'd imagine) The other three 'sticky' contracts need to be sorted out. Ground maintenance is an issue. They still owe money to clubs for previous transfers. There's no chance of getting season ticket money up front. A loan from a council already facing a deficit to a company with a shockingly bad credit rating is by no means guaranteed. Chanrai may not accept that offer. Private medical expenses are expected to be paid by the club these days. Training facilities need to be bought or hired. Probably relegation to League 2 will further dent income looking further out. Does the 3M in pledges include HNW individuals or not?

I'm guessing he means the lights the crowd had to turn the seating area into a massive LED display at the opening ceremony of the Olympics.

http://www.bbc.co.uk/news/uk-england-hampshire-19064531 There's definitely a punchline there somewhere...

I found the opening ceremony utterly awesome.

Looking for Kanu?

http://www.bbc.co.uk/sport/0/football/18977953

The link to the story at the top right says Pompey 419. 419 is the code given to money making scams (most commonly from Nigeria) where they ask for you to give a fee to release a far larger amount of money. I have no idea how this has ended up making it onto the site.

I take it no-one at football411 said the bloke's name out loud then?

... This over closing a thread about whether or not losing a pre-season friendly was putting Adkins' job under threat? Really? Ok.

I reckon that's right back sorted for us for years and years to come now.

Great signing. Enough out there for me to accept it's as good as done, but I'll hold off putting the thread as sticky until it's on the OS.

Nice!

Does this happen for all videos or just one in particular? Could be that you've resized the window really small, could be that you need flash player, could be that particular video has a problem, could be a connection issue with your computer, or with Saints Player server... Unfortunately there are a range of different things that can cause issues like this, and you have to go through several steps to eliminate different possible causes.

Cortese has exceeded every ambition he's expressed about the club so far. If this is coming from him that he wants us to win the league, I'd be more surprised if we DIDN'T eventually see this happen...

From the wording of the FL's statement... Pompey have to agree that only a proportion of secured debt is carried forward. All well and good if Chanrai takes over and reduces his own debt, gets rid of the players, puts some money in, all well and good (unlikely as that is). What happens if someone else takes over, and Chanrai doesn't reduce his claim?

Pretty much how I see it. It's also worth noting that they haven't exited the CURRENT administration yet. That's probably a moot point though as I can't see any way they won't be liquidated if they don't exit the current administration... any punishment for that would be irrelevant.

Just over three years ago the boot WAS on the other foot. Then, one day, we were saved by Liebherr, and the thread currently known as Pompey Takeover Saga was started...

RIP Eddy

I prefer epicaricacy. It might have Greek roots, but it's the English equivalent. Schadenfreude is a straight up German loan-word.

If I was a Pompey player right now, I'd be putting my claim for money under the FCR in right now, like Kanu has done, before the pot of parachute money is all gone to other players...