benjii

Well, I think he is the only secured creditor so I think he would see all of it up to the value of the secured liabilities (and potentially less administrator's costs - he and UHY will probably have already come to an agreement over that seeing as he appointed them in the first place). Bear in mind, all the unsecured creditors are now bound by the CVA so they have no claim against new money (I think!) and the liability of honouring that will pass to the new bods.

Not directly relevant at all but this is a typically jazzy and florid article (if a tad old) from darling Simon Heffer entitled, quite spectacularly, "Why gays become politicians" http://www.newstatesman.com/199811130008

Surely Mills must be ahead of Holmes in the LW pecking order as well now? I liked Holmes but sadly I think he's going to be one of those players with ability who never quite manages to crack it anywhere. Bit like me...

Particularly if it was a fait acompli since the summer....?

That's the team I would pick f'sure. No concerns about the left side. Whilst Lallana is obvioulsy class, Dickson was very good against Bristol Rovers and will get dangerous balls into the box. The concern around Adam being out is whether we will get enough bodies into the box - that's where Punch, Hammond and Gully need to step up. The only question is whether to stick Gully in or stay 4-4-2 and play Connolly. Connolly is a very good player but can we really rely on him as a first 11 starter? I think we need to establish a settled team asap for the next three or four games. If Gully turns out to be gash then by all means, drop him and stick Connolly in but I think we should give him a start in his best position and see what he can do.

A debenture is a form of security. If you're not paid what you're owed you can exercise it. If new money comes in which pays off the remainder of the debt then the debenture will fall away.

EDIT> Nothing, just googled it.

Would love that. Woulf be very entertaining.

O'Neill would be a bloody awful England manager IMO. But I would welcome him here.

hehe.

If he pays Chanrai £16m then it will be on condition of the security being released and all debts owed by PFC to Chanrai being discharged. So Fratton Park would be available as security for the new lenders. The Cash My Gold and the difficult daddy does seem to chime quite well with the sort of outfit they are down the road though! Such a ****-hole that they will never attact anyone with the credentials of our Markus.

C'est le mot de jour.... le nutshell.

Hope so.

Phil Brown - see The Echo (and some other paper, can't remember which).

Me too. I want "my" club "back". I WANT it back like it used to BE when the management would come round and GIVE a bit of harmony.

You are a curious person. How can you say we won't atract Prem or CCC quality managers when one of those has already gone on the record quite explicitly about wanting to be considered for the job?

Don't be such a bigot.

What? No, he's only joking. No one wants to "come" HERE. Not now CORTESE is running a "business" We'd be lucky to GET the "manager" of BURGER Ki"n"G'ell.

With our squad, 90% of the managers mentioned could get us promoted so I wish everyone would calm down a bit. Whether they are all the "right" person for the long term is debateable but the first hurdle is to get out of this division.

Got no idea why everyone's cacking themselves so much. Any half competent manager could get our squad promoted. There will probably be further strengthening, either through loans or in January, as well. Will Brown, Southgate, Zola, Mowbray, Blackwell, Howe, even Hart have us marching into the Champions League in three years? Nah. Could they all get us out of the third division? Probably.

God, "you're" a WEIRDO.

In 2006, the average CCC salary was a shade under £200k: http://www.independent.co.uk/sport/football/news-and-comment/163676000-the-average-salary-of-a-premiership-footballer-in-2006-473659.html That survey showed wage inflation of around 50% over the previous six years. Applying the same rate you would expect an increase of something like 35% over the last four years which would put the average salary around £270k now, or about £5,500 a week. The survey also found that Prem players usually received around 60-100% of their basic again over the course of a year in bonuses. All that considered, £10k per week is a very good basic salary for a CCC player. It is also one that PFC can't afford. It explains why they are completely fooked if they are still paying circa £50k a week for Utaka and Nugent. I wouldn't be surprised if their wages as a percentage of turnover (which will be jack **** this season) are now higher than they were in the Prem. Enjoy the show folks!

I am, how you say, der new managersh?

Hi Deppo. That's not how I pictured you at all!