hutch

i do enjoy watching the Lions getting mauled regularly by the Bulls and the Sharks here. We don't have tigers, obviously, but you knew that anyway.

Havant & Waterlooville?

They need names and addresses Neil, otherwise they'll end up chucking bricks through the wrong windows. Quick before it's too late.

Is it "tilt and turn"? They can be a bit temperamental, and the handles can work in both directions (one way for tilt & the other for turn).

i assume that only applies if Portpin want to appeal, but obviously not if it's PKF/PST that want to appeal?

Oops.

hutch jr. says it's black ops 2, whatever that is.

You could start by practising your twitch.

But they have scored 3 goals this year, and it's only March.

Not much has made me smile today

Is that lesson #2 in how to keep the PFA sweet?

Ouch. That one hurt.

You're wrong. The plan is to eliminate funding of the academy. Stand corrected.

I think they need to get rid of Baloo completely in the forthcoming Court case. If they don't I think their Golden Share might be at risk under the terms of the earlier FL conditions. I think their plan is to start off with a clean sheet, debt-free, all paid off with brand spanking shiny new debt.

it might also suggest that Gordon Taylor has not signed an "Intercreditor Agreement", and is not likely to do so any time soon.

Did the Council vote to approve to actually hand over the cash yesterday, or did they vote to agree to change the conditions under which the loan will be made? Can anybody throw any light on the “Deed of Assignment” and “Intercreditor Agreement”, which have a few references in the PCC papers? Are these signed agreements or drafts on the table for signature? The “Deed of Assignment” is pretty clear and would deal with PP money going direct to PCC from the PL. It would need (at the moment) to be signed by PKF and PCC, and would need the formal approval of the PL. Signature ought not to be a problem but approval might be. The term “Intercreditor Agreement” seems to imply more than one creditor. Assuming PCC is one, who would the other(s) be? PFA? REL? Have they signed anything?

I'm pretty sure you're right Phil. There are no fixed amounts in the PL rules, and payments, from memory, are defined as something like "portions" of the "distribution". I don't see any issue for the PFA to be concerned about. The PDT have absolutely no intention of paying back the loan. They know PCC would not dare foreclose. And somebody asked earlier what PDT stands for? The PDT is the Property Developers Trust, a special purpose hybrid consortium set up with the sole intention to bankrupt Portsmouth Football Club over a period of three years, and to then convert Fratton Park into a sought after vacant development site. The Trust is believed to be controlled by fans of Tottenham Hotspur Football Club.

The Council are borrowing the money to lend them. But they will have to dip into their reserves to pay it back if the skates default in August.

While it grates a bit to see them get something they want, and lending public funds like this is just plain wrong on so many levels, it is actually a good thing for the prospect of seeing the Trust as bit-part owners. Many more laughs to come. Unfortunately there are much more difficult obstacles yet to be overcome. P.s. They've got £3.12m available for FP, but don't tell Chinny, it's confidential for legal reasons.

Just to change the subject for a minute, but those five first half minutes last night is the only time they have led in a football match so far this year

FP's maximum value (by a very long way) is as part of a large development when combined with the Gaydamak land. A foresighted developer would value it accordingly.

There was no requirement to go back to the Council to finalise the loan. The previous resolution fully approved it, on terms. There was only a requirement to go back to the Council if the finalisation of the terms by the CEO and Solicitor increased the Council's risk. There is something they are trying to keep quiet. My guess is it relates to pp's and the PFA position, but it could be anything. Also, it seems they have only collected £1m from pledges, if you can believe anything written in the News. edit: I see I've just repeated what was already posted. It's what happens when you do some work!

Yep, that was the one. I see you remembered it too

It looks like in their little game of oneupmanship they are about to claim yet another victory. In my 40+ years supporting Saints I can only ever remember us finishing bottom of the league once. That's another little bit of 'istry for them. And I suggest the FL sould adopt a fair approach to the deduction of points, by only carrying forward the penalty points in proportion to the fans ownership of the club. The fans penalty can be waived, but the proportion for the new crooks and villains portion can stand. So they should start next reason in L2 on -9½ points then, if they're lucky.

I see The News aren't inviting comments on the article on their website