Sevvy

http://www.newsnow.co.uk/A/583919142?-11209 But in an unexpected move, creditors also agreed a modification which allows administrator Trevor Birch to consider alternative bids at any point before Portpin’s deal is finalised. They also waived a 28-day exclusivity clause which would have made Portpin’s bid the only one allowed during that period. That gives Pompey Supporters Trust vital time to finalise its own bid for a takeover led by fans. Portpin’s proposed CVA was approved following an hour-long meeting in Fratton Park’s Victory Lounge yesterday morning. It was initially adjourned for an hour after just five minutes as representatives from Portpin, liquidators of Pompey’s former operating company Baker Tilly, UHY Hacker Young and shareholders regrouped to discuss the modification. It came after the trust signalled its intent to take over the club by issuing outline takeover proposals to the administrators on Friday. The amendment was unanimously passed. In another amendment, the Football League will act at its discretion over granting the club league membership as a new company and imposing further points penalties.Portpin’s offer now relies on the club’s big money earners leaving, while any trust bid will have to come to a compromise on £18m owed to Mr Chainrai’s firm. Lets wait and see on that one.

Woke up this morning with a horses head next to him.

http://www.newsnow.co.uk/A/583716870?-11209 Now there's a surprise, why not wait until later when you can get them a lot cheaper, if they survive today, i can see it going to the last day of the cooling off period before somebody say's, thats it, nobody being sold, wage bill etc to high, now pull the plug,

I would say Agents, Trousers, Rallyboy and Gemmel are the boys for this, Your mission men is to help Sainbobby with this, This tape will slf distruct in 5 seconds, 5-4-3-2-1

http://www.newsnow.co.uk/A/583319063?-11209 The trust are going to put in their bid,

Going soft in your old age Trousers

Best 61.03 download 3.9 upload on a virgin 60meg, average with a laptop phones and ps3 about 47 down and 2.9 up.

Congratulations to you and your wife,Enjoy them whilst they are young they grow up so quick.

http://www.newsnow.co.uk/A/582828682?-11209 oh dear, its now up to Chinny then

http://www.newsnow.co.uk/A/582621391?-11209 It gets funnier and funnier,

http://www.newsnow.co.uk/A/582416578?-11209 Some want all their money, others willing to help. i will believe that when i see it,

http://www.newsnow.co.uk/A/582165024?-11209 Now here is one Pompey supporter that talk a bit of sense,

Any other company doing this would be accused of bullying,

http://www.newsnow.co.uk/A/582029647?-11209 Funny we ahve been saying the same for a long time.

http://www.newsnow.co.uk/A/581965598?-11209 Why buy him when in a few weeks they may get him for free and if he really wanted to go he could walk away for free himself.

http://www.newsnow.co.uk/A/581706094?-11209 And it gets better.

http://www.newsnow.co.uk/A/581692844?-11209 Apparently they have 6 weeks,before they go t1ts up

http://www.newsnow.co.uk/A/581437460?-11209 Every body say Ahhh

http://www.newsnow.co.uk/A/580783365?-11209 I like the head line, We cant rush exit from Admin, as if you could

Was he the invisible man, i am so confused with all the goings on.

Cheers Badgerx16,

It has been a tumultuous year at Rangers, with the club narrowly being saved from extinction, losing several of their best players, handed a transfer ban subsequently overturned in the law courts and now facing the prospect of suspension from the Scottish Cup as punishment. Related linksFIFA expects SFA to act against Rangers Clark optimistic over Rangers CVA Rangers ticket prices frozen Desmond Kane: Scotland humping worse than Engelbert’s Bet on Football - Get £25 Free..But for administrators Duff and Phelps, the turmoil has been a gold mine - with the firm having racked up £5.5 million in fees.With the administrators' staff charging an average of £450 an hour, the vast bill wipes out every penny Rangers made on the sale of their star player, Nikica Jelavic, to Everton in January. The fact that Jelavic has gone on to star for the Toffees (and thereby increase his value hugely) will only make the legal bill all the more difficult for the Ibrox club to swallow. The huge legal bill was revealed as part of the draft details for the Company Voluntary Arrangement that creditors will be expected to agree to at a meeting next month. That CVA deal will see those who are owed money by the club repaid a derisory amount, estimated between three and six pence for every pound owed, according to a report in the Daily Record. Given the poor level of return, the CVA may well be rejected as it will only go through if creditors owed more than a total of 75% of the current £55m debt agree to it. That means either HMRC (owed £21.5m) or Ticketus (owed £26.7m) could force the club back into jeopardy. Administrator Paul Clark told the Record that the taxman has verbally agreed the CVA, however, while new Rangers chairman Charles Green is hopeful that the club's beleaguered creditors will not seek to claw back more from the club. "I have great sympathy with creditors, particularly small local businesses in the community around Ibrox, who have suffered in the lead-up to administration," Green said. "I hope creditors will approve this proposal and we can begin the task of rebuilding Rangers in earnest." So on this basis Wards money has already gone then

Take it with a pinch of salt, but this is from the Daily Star, Tal Ben Haim, 30, is demanding a £2m pay-off to tear up the final year of his contract

Rallyboy, as ever, Brilliant,

http://www.newsnow.co.uk/A/576278185?-11209