there we go then... first they get the good news "heres some cash" and then the bad news... "that you can only have if you go into administration so we don't have to f4rt 4rse about proving that you already are in admin..."
Errrr, won't they still be short for the tax man? THey currently owe £1.8, another 800k Will get lumped on that Bill when they evetually pay the staff and players this month....
In most lines of business though, the bonus is at the end of the year out of a bonus pot. Its generally not a percentage of a specific transaction. Otherwise you could do one big transaction that nets a tidy sum and lots of small transactions that make losses that dwarf the profit and still take a bonus.
That's why it's dodgy.
Didn;t they get parachute payments forwarded on last time but with the added bonus that they would only get them if they accepted the points deduction?
should be a win win for the club if its called off..
tickets already sold, money in the...errr.... tin box....
no staff wages to be paid.....
jobs a good 'un!
How come the bank account was opened several years after the last Pompey team played against David Beckham? Why was he thinking about Marking David Beckham?
Seems there's some real infighting inthe camp going on...
“@ollybirchpfc: Spoken to AA, he is disappointed the players werent sold and is investigating why. No buyer, lots of interest but no hard offers. #pompey”
There is NO support, no money has been coming from CSI, Pompey have been existing on whatever income they have generated themselves. The problem is, that stream has dried up.
So what cash do they actually need?
Theres
£1.8m for HMRC
£1.2m for AA company due next month Ithink
£5m 'ish due as part of the CVA next month as well
That's not really what i'd call a cashflow problem.....