
rallyboy
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Everything posted by rallyboy
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they can't delay the court case, I've heard it on good authority that they have already won their glorious battle and will definitely have the keys before Christmas. Probably. Despite Nutjobs suggesting that the legal process can work slower than Birch on double-time after a lengthy lunch, all the PDT's chosen media partners have been assuring us that it's a done deal and is no more than a rubber-stamping event. In the meantime they've given up on packing the park and are now just trying to muster 1898 colour-blind people who need a new coat for winter. As already mentioned the club is only two years old so presumably the 1898 figure refers to the number of creditors still awaiting payment? Or is it the date when they last had a football club in the city that was trading solvently? Though I believe the full history indicates that they were involved with financial irregularities back then as well - wasn't their first attempt liquidated around the early 1900s? What a farce. As for the slowest cyclist in Europe, what a plucky little 15-year-old hero he is. His glorious effort warms the heart and restores your faith in young people and their ability to badly perform pointless lame gestures for self-promotion. Not exactly Paris-Dakar is it? It also makes you wonder what did he do with his two kids while he was out on this great adventure.
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so no financial details will be offered to potential investors until after the court case.... Does that mean everything is on hold because they fear defeat in court, or do they expect people to blindly cough up money to help the property developers gain control? Any delay at this stage seems unwise. I understand they want pledges in asap, but even the dimmest person deserves to know what type of blackhole their hard-earned grand is disappearing into. Perhaps their sales drive day for the personal loan company will throw up some facts. Little info, fantasy accounting, a property developing deal dressed up as a fan buyout, a misguided media love-in and an invitation to take on personal debt - It all sounds a bit seedy and desperate. but what else can we do Rallyboy you fricking Nutjob? Turn the clock back five years and trade solvently perhaps? - or just do the time after doing the crime.
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Smaller clubs than pompey don't take that many to Coventry. You can mock the photo but that's more people than you realise - don't forget that their ground holds 180,000. West Ham took 170 when they last went, Leeds 234, we only managed 38 - and this season I hear that Sheffield Utd sent ALL of their tickets back as none of their fans were deemed passionate enough to attend. So pompey might not have a very big following from that photo, but they sold out their allocation with ease - in fact there was a bit of a riot when Liam Lawrence put up the sold out signs, they had to turn away thousands, the locals were revolting. That big empty space around them is called segregation, the police kept them kettled to prevent the Coventry fans becoming jealous like us - but it didn't work, they now have their own micro-thread on the bestest. In technical terms, if you look carefully, I think they grade that fixure as a four steward job.
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you might be surprised to know that those plucky few huddled together in some souless, fat-free, safety-aware, fire-resistant, flat-pack stadium, are all unique customers. None of them have ever supported pompey before, thus making the club a sleepy giant like no other. I've got a bit of paper that says it's so. The PDT will be quids-in when they pick up those keys, it's a little goldmine - the only undeveloped club ever, anywhere, probably. And my son Rotterdam Trixibelle Bootlid agrees.
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I'm sure they announced that the club generates £300M a year for the city and that all the shafted creditors and the taxman should pray for their continued support. Just another blatant myth that went unchallenged on the Isle of Fatpipe. No one batted an eyelid, it was like a practical joke, a competition to see who could keep a straight face the longest. Avram Grant won. Sadly it wasn't just his gravedigger face that he kept straight. I know Micah Hall loves running the glory leg after Nutjobs have done the research so perhaps he could look into that ridiculous claim after he's asked someone sensible like Frank Zappa or Bob Geldof to rename the kids for him.
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a pompey fan lecturing football on financial planning, honesty and integrity? Perhaps they'd like to have a pop at people who utilise tax-avoidance schemes too. Up next, Peter Sutcliffe explains how women deserve respect and equality in the workplace, whatever their job, while on BBC2 you can see a repeat of the Panorama special exposing how famous people abuse their positions, a hard-hitting documentary presented by Jimmy Savile. Later, John Terry uses his opportunity presenting the MOBO awards to campaign for the rights of disabled drivers, and launches an attack on unfaithful husbands.
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I do hope that this incoming championship striker is as good as that Premiership midfielder they had, the one who was going to rip up League One, show those lower league peasants how the game should be played, and lead the sport into a new era. Though I guess he got his dream move to a bigger club - pompey gave him the opportunity, but you can't hold onto your great players when the European giants like Barnsley come calling with their tempting offers to pay your wages on time, not racially abuse you if you play badly, and not introduce you to more new players every week. A neutral might suggest that their recruitment policy looks a little chaotic at the moment. I know they are restricted, but they have clearly overspent on shiny tat. Along with Rocha that would be two players they have taken on who are not match fit and have just used pompey as a well paid training camp - like that summer holiday, but with less daytrips to see monkeys on rocks. It's funny how things go. The club future is in the balance, but the season has to stumble on. They've moved a stage beyond rearranging Titanic furniture - as the icy waters lap around the musicians' ankles they're now choosing which cushions go with the deckchairs.
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It's become increasingly obvious that they either have friends in high places or have been VERY lucky in their previous courtroom dealings, so I really won't be surprised if the judge finds in favour of the property developers, rather than for the loan shark property developer. BUT, Chinny is no mug, and he hasn't become rich from being nice to people. He may already have planted a high offer by Al Fahim, he can produce his own independent valuations, he has Trevor's £13M figure, and he can talk about the freedom of development without a club there. He also has AA up his sleeve. For a judge to tell the Trust they can have it for £2.75M seems pretty unlikely. I can't see why a court would present a developer with a clear profit against a commercial rival. But if he does, can anyone confirm whether Chinny can step in at that point and offer (himself) £3M? If he can, the very few are more *****ed than anyone of us ever imagined. And if Chanrai is facing a massive loss surely he goes nuclear and offers Birch more than the Trust. Birch putting his name forward to the league shouldn't be a consideration, this is about selling a business, not being a member of a private club. If they refuse his ownership he could drag it through courts for ages. Especially as he doesn't want to be in their league, he would just want to buy and liquidate - getting more from that than he would from Trust ownership. He would also get to screw the now marooned property developer who has bought next door for no reason at all. Plenty more laughs whatever the outcome in court.
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that wasn't booing, it was the sound of a bulldozer firing up - or perhaps the sound of the wind whistling through 11,000 empty seats.... Maybe we'll hear no more of that nonesense about the Fortress, the big club, or the great fans - as tonight's effort has buried all the myths about support and passion. This is their hour of need, yet the park remains VERY unpacked. As for the ref, he must have been totally overawed - though he was probably more annoyed at having to go into the stands and get the ball himself for each throw-in. I think they've had better nights. Seems cruel to mock. But I'll get some rest and try again tomorrow.
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my understanding has always been that Chanrai just needs to outbid any Trust offer by a pound. They can keep on upping offers but he'll only withdraw when he feels they have reached a figure that he'd accept, and as Derry says, that'll be an amount way beyond their budget - if they actually have one. I'm not sure that Birch has the power to ignore his offers? He could say it's not in the best interests of creditors, but that would take some backing up in an appeal court surely? A very technical point for hardcore Nutjobs only - Wasn't one of the key FL conditions carefully worded so that they had to lose a significant amount of historic debt and not carry it into the new company? - a stipulation included purely to prevent Chanrai maintaining a hold over the business. So now that Birch must be eating into PPs needed to cover the football creditor debt, could those debts now become a takeover issue? Previously they were covered by future PPs - they are no longer covered, and Kanu's is still unresolved. I know the FL make it up as they go, but did they specifically pinpoint Portpin charges and debt, or was it a general historic debt issue they wanted resolved? It would seem unfair with that condition imposed that a new business can't carry forward Chinny debt, but it can carry forward Kitson and Kanu's unpaid wages, with no clear strategy as to how they will be paid... Ignoring the fact that it is highly unlikely that the villainous heroes of 2011-12 will ever see a penny of their agreements! Perhaps the PDT takeover budget might suddenly require another couple of million on day one - or will the football authorities gloss over that? Or have I got my extra-tint Nutjob glasses on today and need to get out more?
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So the property developers chip in £2.5M and they get a chunk of real estate worth between £5M-£10M, plus the rent on it. The fans chip in a couple of million and the get a half share in the club name, a points penalty, a handful of player registrations, and they're responsible for a mountain of historic debt. Nice deal. I'm surprised they haven't been a bit more detailed with the figures, it looks like a fantastic opportunity - compared with buying Jimmy Savile's Rolls Royce. And taking the ground out of the business is never clever. When you see what the fan in the street actually gets for his grand, I think I can now see why this has never been done before....but let them keep promoting it as a fan buyout and see how many are brave enough to query the detail.
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just when you start to forget why you hate them, they re-sign a player who presumably looked at the fixtures and told everyone last week see you next Tuesday. And he is. One of the great heroes who last season sucked cash out of the club like a Horton Heath personal trainer. He must have been on £20K a week and the poor ba$tard only left because he was unlucky enough to run out of contract. His performance at SMS deserved approx three red cards, but he kindly did his bit for the rest of the season in their shocking defence, trousering the cash every week, but putting in League One performances when Championship ones were required. He was a pioneer, he blazed a trail, showing the club it's future! And now the greedy little chap is back, to suck a bit more out of the corpse. No doubt he's taken a massive wagecut to the required level of £1,500 a week. Like feck he has, he'll be on £5K and bleeding the fricking corpse even drier - and he's not even fit! Tell you what Ric, you go away for a month and prove your fitness. No, I'll tell you what - let me grab a month's wages straightaway and then I'll try to get fit on your time. What a cheek. Helps relegate them, gets paid a fortune, retires to play golf because no one wants him, comes back because his wheelbarrow of cash needs refilling - and they welcome him like a fricking messiah. What an odd island. But by signing him they have become even more unlikable - were that possible. Cue myths about him playing for nothing and dining on rodents - nope, he'll be costing a few bob! But on the bright side he's doing fine work just by hopping back aboard the Bisto Express - he's spending the Trust's much-needed capital.
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short on facts and figures?? Look again, you must be mistaken. I've heard that the figures do stack up and that the biggest fan takeover in history is both solvent and practical. They wouldn't be celebrating and having parties if it wasn't you Nutjob. Tears of joy were shed, critics were silenced, naysayers were mocked for their stupidity - some small bar was packed and heroic people were carried shoulder-high as the final part of the deal was completed. So how can there be no figures? You must be looking in the wrong place. Keys have nearly been handed over, the loan shark has been chased away, it's now just a simple rubber-stamping job at some court and the bestest fans will be leading world football into a new era. You must be jealous, yeah, that'll be it.
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They are teetering on the brink - I'm starting to feel sorry for them. Then you hear some deluded, cross-eyed, toothless, sister-bothering inbred spouting about how the scummahs at St Fairys owe the taxman a billion quid and Markus drove a tank, and the sympathy slips away faster than an aroused Avram in a police raid. Karma takes its time, but boy when it gets going the momentum is astonishing. I've asked before and been shot down, but surely, there cannot be anyone still who honestly believes that there has been NO sort of punishment dished out?? Sure they have got away with all kinds of criminality and there should be minus 30 on the way, but see the poor sick beast now, it needs shooting. Look at that feeble thing, look at the table, and tell me that they have 'got away with it'.... The weight of historic debt could still sink this business right through League Two and into oblivion. Overpaying wages last season earned a point at St Marys, insolvent trading and stealing from charities etc earned the 4-1 cup win, and the victory over Cardiff. Put those factors together and you see why the business is on its knees and facing liquidation. They are reaping now. No fans, no future - even Bournemouth can rightly no longer regard them as serious rivals. And on the club gravestone it will say, They sold their soul for three days out.
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those of a nervous disposition had better brace yourselves because the Trust needs to desperately sell shares....the spinfest has gone into overdrive! That means we're going to be treated to loads of hard sell articles from their chosen media partners. MoneyfieldsPenny launched the sales campaign with her rather inaccurate rallying cry celebrating the glorious success of the Trust - trailblazing and within touching distance of glory - er no, that'll be 0 out of 2 Penny. But you never were good with figures, ask the old man, he can tell you how many wards at QA have shut thus far thanks to tax-theft that was vocally supported by you and the political DLT-lookalike. If this sort of hype makes you want to spew, you are in for a sickly few weeks. The Property Development Trust's sales campaign seems to have two main messages. 1. Gloss over the fact that a completed deal is a LONG way off. 2. Pretend that this isn't a property developer-led takeover attempt. But they might achieve their goal... If they can fool the public into believing that this is a fans buyout, and also pretend it's the biggest and bestest ever and is a blueprint for lesser clubs everywhere. And as long as no one on Portsea has a proper look at the financial details, and Chinny falls in love with the new club, they might just be able to share a level of control until the next administration. In the meantime brace yourself for myth after myth - to save time they are now rewriting history as it happens! And I apologise now for repeating this rant in a couple of weeks when the sick bucket overflows and the misleading and blatant sales campaign dressed up as editorial, gets too much. As for the Trust inviting supporters to go into debt via loan shark style interest rates, it is ironic, distasteful - and the perfect way to marry the history of this sick business with it's predictably chaotic future.
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so you have to trawl through a load of plucky spin to get to the one key sentence... For PST to become the majority shareholder we will need to hold more shares than the collective shareholding of the Presidents. As things stand at present a majority shareholding would cost £1.826M. We believe this can be achieved based on the number of deposits from supporters in the pre share offer. I can't see where the property developers get their vote, or are they just landlords and loan sharks now? What could go wrong.
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it might be a rule but it isn't fair to the fans. Why should pompey be penalised twice for the same unfortunate mistake? Chelsea spend more than they earn yet they haven't got -10. And it was former staff who were responsible for those financial irregularities and the CVA, so it's nothing to do with the club, they just committed the crimes in the name of the club, for the benefit of the club - creditors were just unlucky. The plucky Property Development Trust shouldn't be suffering any sanctions - and they certainly shouldn't be responsible for any of the debt incurred buying the FA Cup, such is their desire to distance themselves from past crimes, I doubt whether they will even keep that trophy in the official history. If anything the league should be returning the previous lost points, they should be imposed upon Chanrai's businesses instead. Those leeches from the British Legion are the same - are they still banging on about war and stuff? If they were any good as soldiers they wouldn't have been robbed, so that's their lookout. Same goes for the terminally-ill kids, just because they're in wheelchairs they think they deserve the money donated to them by the public. The Lithuanian pensioners are also gobbing off. That mafia money was needed to pay Rocha, Lawrence and Kitson, those life savings paid for that glorious draw at SMS, it was money well spent. Anyway, how cold can it be in Eastern Europe during the winter? Just put a jumper on and warm yourself with the glory of that point that stopped the scummahs from going up. And as for the player agreements, those former heroes knew what they were getting into, there's always an element of risk dealing with pikeys, so they can just jog on. Yes they had contracts, but we all know that players are disloyal so it'll do them good having a taste of their own medicine - especially Kanu, what did he ever do for pompey, greedy ba$tard. The most important thing is that the property developers and loan sharks are driven out of the club and replaced by property developers and astute businessmen who have the fans' best interests at heart. As Penny mumbled on a recent visit to a sticky bun factory, this will be the first time that a big sleepy giant of a club has ever been controlled by the most heroic fans - so this swift and efficient takeover will be the blueprint for world football to follow. Hurrah for fan power! What's that bulldozer doing....why is that man marking out foundations in the goalmouth?
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so despite the denials they ARE running at a massive loss this season, and if their wagebill is as low as has been claimed, how come the expenditure is predicted to be £5M? Also years three and four don't show much room for the £2M+ per annum required to pay off football creditors, and once you've taken debt repayment into account their proposed wagebill works out at approx £1,500 a week per player. Don't see that happening. I would also suggest that the income budget for those two seasons is based on approx 12,000 season tickets, with gates of 18,000. Both theirs and my figures are guesstimates, but the whole business plan looks a little wooly, and that's ignoring the fact that this is clearly NOT a fan buyout. I bet the prospectus throws up some right little gems about how much control the Trust actually has, if it is ever released. The next move is Chinny's - what can AA chuck into the mix?.....other than more autographs. Plenty more Nutjobbery to come. Though if you want to play hunt the Nutjob look no further than whoever put that financial projection together.
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I bet they do. In fact, if they don't get a points penalty I'll cough up a fiver! They qualify for two lots, but I fear it will just be the lenient -10. We've heard before how they would get their European place and there would be no transfer embargo etc etc. Tis merely spin aimed at getting the dim to cough up cash.
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you have to take your hat off to them, I didn't think it was possible, but this is a significant day, and all parties should congratulate themselves. It's a great day for anyone involved in administration or the legal profession, they are going to make a fortune. Equally, anyone involved in property development, the contractors, estate agents in both residential and commercial - they are all set to do well from this deal. Let's not forget the politicians, they all stood up, offered hollow promises to woo dim voters, and they can now push their way to the front of the photos. This is truly a trailblazing deal. Not a great day for creditors or taxpayers, but that's not news. ....Not that it is 'a deal', it's just a very small step on the long long road towards a deal. All the stumbling blocks remain, I just await the Trust glossing over all the issues listed yesterday, and pretending the points penalty is up for debate. So behind the hype and the spin it's probably just another great day for property developers. I look forward to seeing an analysis of the detail, will the figures stack up?....
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So the big day for the Trust is nearly upon us, their chance to thrill us with pioneering plans is here! A year in the making, it's going to be sensational.... Things they will tell us.... It's Trust or bust. Time is of the essence. The property developers are only on board to help them and will barely make a penny. The fans will have control of the club - sort of. Things they will gloss over.... Loan sharks don't go away. The court case over the ground could go on forever. Any promotion in the next five years is a pipedream. Where the extra £6M will come from. The current wages are grossly overbudget. Cup hero Kanu is still claiming an amount that could sink the whole deal on it's own. The figures no longer stack up because Birch is spending their capital. The fans' support has been quite poor, both at the park and in pledges. The club has financial irregularity charges to answer. Tesco don't give a sh1t about them. The points penalty is a basic requirement of golden share ownership. Crimes committed by 'the club' under previous owners were still crimes committed by 'the club.' The chequered history of some parties involved. In their argument the ground value changes between £2M and £10M, depending on whether the Trust is trying to buy it or sell it. Any mention of the property developers taking the FaPPT?... The fact that your average pompey fan would wet the floor if the sign instructed them to, and couldn't pose a relevant question even if it was tattooed on his sister's back, makes you think that the media line tomorrow night will be of glorious battling fan power. A new dawn, pompey trailblazing their way to glorytown - a local club for local people. It's what the people want to hear, so let's feed them frothy sickly spin. Rather than a tale of the clueless and blindly-ambitious hopes of the property developing Trust that has come too far to admit defeat, but has little chance of surviving the financial sh!t storm that they have stepped into. And all this will come from a propsectus that was originally promised around the time that man first crawled from the sea and attempted to develop thumbs. It had better be the bestest prospectus ever, because there are a lot of questions that need answers.
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Let me get this clear - the bloke is too young at 21, and he's not good enough for League One football at the packed park because he's come from the little minnows Celtic, the team that beat Barcelona last week? Both Rangers and Celtic are cursed by poor attendances and quiet atmospheres, so presumably running out in front of the best fans in the world was a step too far for his fragile nerves. Maybe he's allergic to empty seats, incest and silence? Or lucky heather brings him out in a rash? Either way the best way to prepare him to try and reach the pinnacle of League One action at the fortress-like cauldron of Fat, is to loan him out - in League One... That's glossing over the whole 'cancelled his contract at Celtic out of his own money' claim. I remember that unlikely scenario being sold as fact during the glorious administration-riddled cup run of 2010, players who didn't cost a penny but paid out £50K to come to pompey - heroes one and all. At least the transfer targets are starting to look like they are in line with the budget - so praise where praise is due. Let's remember that they have only played one game legally in the last few years, the austerity game at Plymouth - they've been insolvent for the rest. Any attempt at returning to that glorious lone night of common sense should be applauded not mocked. So I can only apologise for mocking. I feel partially responsible for the departure of PES, even though he never read my stuff. I feel bad.. Oh, I've got over it already! I can't see us chasing Mack's alter ego away - he's made of sturnerr stuf.
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Though lacking in actual managerial skills I think UnAppy displayed some honesty and integrity at times, but you have to think he is quite dense. When a loan shark with record of ripping off all and sundry says he 'might' take on a business with a really small income, and tells you that IF he does take it on there will be a £4.5M budget for wages - what do you do? a. You ask your three-year-old to look at the projected income and they tell you that he's dreaming and there is no way the business could sustain that level of spending. b. You rush out and buy the biggest shiniest thing you can find with no regard for the facts that are punching you in the face. The fact that he actually organised a free holiday for other clubs' signings to do a sunny pre-season just added to the comedy. Especially as 'it didn't cost the club a penny' - but it did shaft a loyal fan who thought he was helping the glorious promotion push.
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sorry to touch on the old sensitive subject about the figures not stacking up, but let me get this right.... A property developer who has £3M sat around can either start a new project that could double his money in two or three years, or out of the goodness of his heart he could give a really low interest loan to a football club? In this bizarre scenario the third best outcome for him is that they pay their 'peppercorn' rent and buy the ground back off him, meaning he makes bugger all. The second best outcome is that he has to cough up more for the adjacent land, but gets a piece of the redevelopment action should the Trust stumble across £50M. But the best outcome for him is that they go pop, and he had free rein to develop the site. Doesn't that make it a little dangerous getting into bed with someone who is better off with you liquidated? Are they still pretending that it's a trailblazing fan buyout, the likes of which football has never seen, paving the way for lesser clubs to follow etc? All they seem to be doing is moving the charge from Chanrai to a new loan shark. I'd like to see their definition of 'peppercorn' too. We've been told before that pre-season holidays haven't cost the club a penny, loan players haven't cost a penny, and that the manager on a pittance has the lowest paid squad in the division. All of that was blatant b0ll0cks designed to fool the few - I suspect this new claim of cheap rent and low interest will be similar. There doesn't seem to be much of an incentive for the property developer in the version being spun - so I go for Frank Muir's version....
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so many different views of the same incidents! Firstly we all have our own definition of 'diving'. Personally I see a dive as going to ground when there is NO contact, or leaving a trailing leg as you pass a keeper so that you actually instigate the contact - see Bale v Aston Villa the other week, or Pires v pompey. However, if a player is stupid enough to leave a leg sticking out in the box I would rush headlong towards it and be straight over it given the chance - it is not the attacking player's job to stay on his feet if someone is intent on bringing him down. Re yesterday - IMO, Incident One in first half - I was as close as Lord D and I saw it as Adam being fairly outmuscled and not happy - no dive, no pen. incident Two - clumsy and late challenge, some contact made, technically a pen but 50:50 on whether it is given - certainly not a dive. Incident Three - cynical professional foul, clearly a free-kick or a penalty. From my view the defender clearly stepped across him and took him out, I thought the guy was being clever and using the edge of the box for his assault, TV suggests otherwise. Add in the guy putting hands on Clyne from behind in the box and you have one shocking refereeing performance - but not as bad as the bizarre last minute booking in the Everton Sunderland game. So I'm trying not to look at it through red-tinted glasses, and I can understand how if a player chucks himself down when there is no contact it will cost him real penalties, but to use poor judgement by a ref to criticise one of our players seems a little harsh. And the only reason I've bothered to highlight this stuff in detail is because you can be fricking sure that WE will be on the end of a VERY poor penalty decision anytime soon, and life will look pretty unfair. (which it is by the way ) And when that atrocity occurs, polite Nige will have to stand there and take it on the chin, when in reality he will want to scream what the **** are these refs up to??? It does seem that you need the air ambulance to be scrambled before a ref even considers giving us a penalty these days. Do they have some sweepstake running for the season and the winner is the one left who hasn't given Saints a spotkick? That's the obvious explanation...