rallyboy

45 bloody minutes! That's how long it's just taken me to catch up on today's postings, and people ask me why I don't register and post more. I think I waste enough of my life on here without getting obsessed! Anyway, the real bombshell I spotted is that Cala isn't a tyre-kicking waste of space filling time while AA tries to conjure up a real owner, he's the man who discovered Lionel Messi.... According to him. After all this time we may have discovered the real star of all these takeovers, Joe is obviously as mad as a box of frogs. Give him a microphone, I want to hear more of his plans...

$1 trillion global market demands would be an impressive statement if it didn't come from a company with $14K in the bank and massive debts. The guy is obviously clueless, and funny as it's been today, and it has been funny, there must be a more sensible option up AA's sleeve. And if there isn't then this comic masterpiece has found a new peak. I'm out and about tomorrow so on my return I look forward to another rush of pages as the bloke with an unpopular coffee shop lays out his plans for the future. It's Storrie's fault, there's nothing like a Harbourdome built on someone's else's land and the sea to attract a nutter with similar ideas. It''ll be gold from sea water next, or perhaps a nugget of the purest Green.... Say one thing for AA, he makes Ken Dodd look lightweight when it comes to offering value for money in comedy.

you bunch of cruel ba$tards! I do hope you won't hijack a perfectly good newspaper website chatroom just for cheap laughs. Is it really that funny to post deluded comments and pretend you have extra thumbs and no grasp of reality?....please don't start talking about big money signings or how Man Utd have debt and they are allowed to continue. As was pointed out a few weeks back you are a gang of bed-wetting 'so-called experts' trying to tell us that pompey have problems when it's quite clear that they have new and impressive owners about to steer them back to glory. I just hope you'll all be able to admit you got it wrong when they step out for their first game at the Maradona Harbourdome incorporating HMS Cala, the undersea holiday resort that includes a casino complex, money-laundering boutique hotel, the only underwater Saab dealership in the world, a Horton Heath Massage Parlour and the league's first fishery-petting centre. On that day you will look a right gang of muppets! They're toast squealed the girls, well who looks silly now! I can see that director's box already, just in front of the Storrie Hospitality Suite, there will be Chinny, the child-maimer, some bloke pretending to be a Sheik, an ice cream seller in a child's replica kit, Vlad fresh from his legal appeal and Lampitt, all waving to the 70,000 people who didn't get locked out for the first Champion's League game at the new ground. Like the wise man said, there is nothing to laugh at here, just close the thread.

Mr Andronikou said he hoped money from the potential sale of NOS would be pumped into Pompey’s running costs. Peter Kubik, joint-administrator of CSI, said NOS’ collapse will ‘not have a negative effect on Pompey’. 1. NOS owe a million pounds to the timing company. 2. The only NOS asset may be the archive and website. 3. Any proceeds from that company are nothing to do with pompey. And Mr Cala looks like he fits the bill - Previously known as Magnolia Foods, Inc., Cala Corporation is a company in its development stage. Headquartered in Houston, Texas, its main alleged focus is on the creation and implementation of undersea resort projects. So far CCAA has failed to file its 10-Q report for the third quarter ending Sep. 30, 2010. Neither has it submitted any reports for Q1 and Q2. It managed, however, to submit the 10-Q report for Q2 of 2009 on Dec. 17, 2010.(!) Therefore, the most 'recent' financial data stretch back to June, 2009. For a company pretending to deal with projects worth billions, such negligence could guarantee anything else but success. Being secretive about what should be revealed in public is a strategy doomed to failure. This rule of thumb refers to any company, regardless of its scale. CCAA must keep that in mind in case its management should want to earn the respect of market players.

I did see the paper and the headline in that is the slightly more damning 'portsmouth yet to honour vow to repay their debts to charities'. Ouch. Hindsight is a great thing but I do like the rather hollow sounding pre-match battle cry - "We are like a wounded animal," said Westwood. "When we have our backs to the wall, it makes us stronger. All the pressure is on Chelsea. We can't lose and there could be an upset''. Maybe John, though in reality your brave and plucky boys got wiped off the pitch bigtime by a half-hearted, misfiring bunch of overpaid lowlife - in front of the bestest half-allocation of away supporters since mighty Wigan hit town.

It's very simple. All CSI businesses were entirely reliant on CSI funding and were not making money. (there may be obvious reasons for why that was acceptable to the owners...) When the CSI cash injections abruptly stopped, every subsidiary became insolvent the same day. Only two of those businesses were of any consequence. North One has closed. pompey* struggle on. CSI did have a portfolio of businesses, but they all relied on CSI funding for day-to-day running so there is the link and a points penalty is clearly due. AA has to find loans or investment to pay wages and transfer fees this month or they will be exposed as blatantly insolvent. Again. *You have to earn respect, I don't think the club deserves a capital letter, I'll reinstate it when they pay their debts.

the plucky little undeveloped sleepy giant did manage three shots on target. So that was good. Cue cliched stories of brave pompey going head to head with one of the biggest clubs in the world, giving them a scare but being unlucky as superior quality showed through in the end. Now it's back to the league programme with extra confidence and new owners ready to hit the launch button for a new era of south coast dominance... OR pompey's last chance to stave off financial armageddon went pear-shaped as a bunch of cockneys tore them a new one.

North One paid for the rights for 2011 with CSI money. This year like pompey they lost their funding and had to seek Qatar money, but couldn't agree terms. Details are sketchy but the FIA had no choice if neither the 2012 coverage agreed nor the money appeared, so North One breached contract. Perhaps AA could have spent his time trying to save North One? Or perhaps his lingering presence in the background worried Qatar investors and killed the deal? After all they were being offered the chance to invest in a company under his control. It's similar to pompey, North One were playing in the last chance saloon by seeking funding from afar. But while North One have realised the game is up now the Lithuanian pension money is gone and are closing due to insolvency, pompey continue to promise new funding is around the corner and plod on regardless.

breaking administration news - and it's interesting, but you'll have to concentrate! My understanding is that North One the CSI company that owns the WRC image rights has this evening lost them. This may be because of a default on payment by CSI to the FIA, or failure to supply the coverage agreed. The significance of this is that this afternoon AA was trying to sell that great CSI asset, tonight it is worthless. Watch this space, developing all the time, but all noises from rallying are that North One are disbanding their rally operation having failed to gain funding from Qatar, and Eurosport are filming the Monte. What does this mean for pompey? The CSI portfolio has just taken a massive hit - their only remaining asset is a football club.

Ho asked what club you could get for the same money. Blackburn Rovers. Premier league winning club with own ground went for £20M plus £20M of debt to address, and they still can't make the figures stack up with massive TV income, so they'll take an offer. That puts into context where investors are with pompey. Ouch said the Ho.... That free tickets thing is getting better, we were giving away 13,000 every game last time I heard Portsea pub myth no.74, and we didn't own the ground, the council were going to evict us for non-payment etc. I'm sure there are people posting crap on here about pompey , the difference being, if I said pompey are giving away 8,000 tickets a game or that Lampitt's grandfather ran a deathcamp I would be asked for a bottle of sauce. Over there it seems that any old myth dreamt up in a Paulsgrove bedroom is taken as gospel truth. I had a bloke assuring me a year ago that Cortese had already sold the club and had shafted everyone, we were heading back into administration and Lambert had agreed terms with pompey. Haven't bothered to speak with him since as his knowledge of football is obviously zero. Over to the deluded and simple east he'd been seen as ITK and carried aloft for his great insight - if there were enough left to carry him.

The 10-week project has been jointly-organised by Affinion International, which specialises in preventing ID fraud, and the Pompey Study Centre. Do your own punchlines. I still chuckle at this idea of some well-meaning fan group or ego-driven simpleton buying the club for £1 and thinking it's a bargain. Wakey wakey, that pound makes you responsible for millions of pounds of debt - and when you read the small print you'll find that Chanrai still has control of all assets and future income. It's not so much an administration that AA is operating, it's a financial mantrap - he's just waiting for a greater fool to wander in and lose a leg.

pompey given green light to resign the loan geezer from West Brom... If I were cynical I might remind our regular readers of the occasion when one January a terminally-insolvent club presented a blatantly false set of accounts to con the authorities into lifting a season-crippling transfer embargo....next thing they were off to Wembley and blowing the dirty cash on prossie parties behind a skip in Horton Heath. Could it be that AA's promise of the immediate arrival of new owners with massive investment could be enough to lull the comatose league into generously allowing the points penalty and transfer situation to just fade away? Fair play to AA, he has politely bent the authorities over everytime, and they've even thanked him as he zips himself back up. Funniest bit of all is it isn't even his problem this time, he's just messing about with pompey and annoying the league for his own entertainment! FC, you are pretty much there I think - 1. CSI in Admin - assets include PFC + WRC anything else? Not of any consequence. 2. CSI being placed in admin protected CSI assets from being seized by Lithianian Government if they go after Valds assets? To some extent, I'm sure there are complex legal processes that can be pursued. 3. CSI holding company for PFC but have yet to pay Chanrai for his shares? Nowt or little paid, hence the action, once again he isn't an owner, he's a reluctant landlord evicting a non-payer. 4. Pompey owe CSI 10.8 mil in loans - AA if acting in the best interests of CSI creditors (Chinney) should be looking to get this back? Priority for any normal adminsitrator. 5. Pompey were in effect running at a loss with out this CSI cash, some of it used on transfers some on wages - lets suggest PFC running about 4mil per annum short without CSI cash at least 6. Pompey new club liabilities include: 17 mil CVA payments, £X mil to gaydamark? £X mil to Chinney?, £xMill to other clubs for transfers (that we know of) Complicated! The arms dealer retained the land so he has full control of any development, he was also included in the CVA I think...Chanrai loaned approx £17M which would amount to near £24M when repaid, he has however had his sticky fingers in the pot, and looks like he is chucking some more in now, so god knows what he'll claim, but I'm sure the neutral administrator will support his claim! The £10.8M CSI debt might be negotiated down for immediate payment, but it exists. I'm sure there are transfers for loyal superstars long gone that are still due. 7. Chinney still owns ground, or is that part of the 17 mil he is owed - eg would new owner own ground if chinney gets his money back/club sold? He's so shrewd he won't let that go until he's paid in full, it's his ace, and if someone wants to develop and has done a deal with the child-maimer then Chanrai can hop aboard the development bus for further profits. 8. Gaydamrk still owns some land around the ground. yep, lots, he can veto any development. 9. No one is sure how CSI funded its assets - could have been 'borrowed' from Snoros savers etc most likely 10. PFC still owe all sub £2500 creditors or is this chinney - open to debate shouldn't be open to debate, it's all there in the deals that AA arranged so someone is responsible, they are just pretending it's complex - and for such a pitiful amount and the poor PR generated it's one of the most bonkers bits of the whole club. 11. Points deduction possibly - depends on whether FL believe financial link between CSI and PFC Clear breach of regs already proven - League bottles it when pressed by slick administrator shock.

Ho is way out, for a change! There's no way the WRC rights are worth that now Gemmel - maybe £5M tops? The price previously paid was well over the top and was using stolen money so it didn't matter to Vlad how much he coughed up for a sport he loves, if in fact he paid the lot.... WRC isn't a significant CSI asset, and the value drops with every day that passes. It's a buyer's market and the sport needs tv coverage to contractually satisfy the teams, they may even end up having to give the rights away this year just to meet their obligations. That is more common than you would think, a niche sport employs a production company to produce series coverage, that show is packaged and given to broadcasters for free, It's financed by sponsorship - do you notice all those boring features about engines, tyres, golf clubs or whatever? Those lingering shots on ad banners?....sorry if I've broken that illusion too harshly to some. North One are the CSI-owned company that is contracted to provide WRC radio and tv coverage, they are very quiet at the moment, last season the coverage had further support from Abu Dhabi, this year that sponsorship has gone as well. There's no indication in rallying that a new deal has been done and the first event is 12 days away. Failure to secure a tv deal could be a clear breach of contract and withdrawal of the rights from CSI. So that 'asset' without a deal is currently worthless. A bit like owning a football club without the golden share. And on Chinny, let's not forget that his loan of £17M was due back as approx £24M - even if some has been cleared, his interest stacks up all the time. Didn't he help himself to £4M at some point? Though if he didn't declare it, the debt is still due!

interesting from a legal point of view to see from his Facebook comment that Vlad obviously believes that he's still working for pompey. Just a pity that this thread only has ten more days to run. Nothing to see here, new owners just about to complete on the 'debt-free club that has no baggage'. AA must be pretty confident to come out and announce that timescale, thankfully he also tells us that the wages should be okay and that there will be no points penalty. He really is on top of everything, I'm sure the authorities appreciate his assistance. Though if I were cycnical I might just wonder if he can deliver on any of those bold assurances....

we have to remind ourselves that AA's job is to get the best deal for CSI creditors, he seems to be spending most of his time on one aspect of their lucrative global empire so he obviously thinks fratton is a little goldmine. To me he didn't sound that charismatic nor confident on Radio Solent, at a time when you need a Winston Churchill speech you get a John Major. Do we think they might have historic transfer fees due this month as well? I recall the detail of their proposed CVA indicated fees due for a year or two, in and out, January being one of the deadlines. But basically AA needs to convince someone to pay up the wages to look at the books or as a deposit within the next two weeks. I can't see new players being offered deals while that is ongoing. If there are past transfer fees due as well they need to complete asap bigtime. Or is Chanrai just whacking more loan/debt in there at astonishing rates? And of course AA'a legal priority should be getting the £10.8M back out of pompey to pay CSI creditors.

looks fairly clear on the deductions as well when you read the small print - minus 10 for any insolvency event. PLUS a further penalty for failing to exit correctly under the current CVA. It'll be interesting to see who AA introduces tomorrow as the new saviour of the club, because if he doesn't name names it's quite clearly just a desperate PR attempt at convincing the league and the easily-led that all is well, when most people suspect it isn't. I'm curious to see what he's cooked up this time.... And when he does produce yet another new owner to pay the January wages, I'd love to hear the league explanation of how the parent company and the club bought with money stolen by the parent company are not linked.....

that'll be the same week they fail to pay the wages due to an error by the bank. At least the parachute payments have been ringfenced to pay the CVA. These rare nights when I get texts from skate mates who have been silent for months are great, it just fires up the old disdain and reminds me that I shouldn't have sympathy with the undisputed number one sister-bothering, heather-selling, cross-eyed, extra-fingered, home-tattooed, creditor-raping, horse brass collecting, taxpayer-shafting, prossie-financing, paper-shredding, cancer charity-abusing, perjuring club in Hampshire. The only football club with a tow hitch and it's own council funded area of hard standing with water supply. Is that a cold spell blowing in I see on the horizon?..... Minus 15? Minus 20?....Brrrrrrrr.

Let's play spot the positives... Boro and West Ham should be about 6/9 points clear of us - they must be kicking themselves. Instead we have Cardiff coming up, but they have the Carling Cup to mess up their season, and we now have a short break to brush ourselves down and rebuild, plus we have the whole of the transfer window..... Keep the faith, tis easy to be a fan when things are all rosy, time for us to stand up now. Could be better but could be MUCH worse.

what a year! Even the Bristol defeat has been overshadowed by West Ham and Boro's inability to punish us for it. We are living a golden era, let's hope 2012 can match 2011. Markus would be so chuffed to see his project now. We play the game the right way, we've seen off some big clubs, life isn't perfect but the future looks very red and white. Happy new year everyone, especially my fellow skate-botherers on the longest thread in history. x

it always amazes me how so many people see a different game to the person sat next to them and I guess we are all guilty on occasions. I think some have been harsh on Davis for the goal - I haven't seen it on tv but at the time it looked a nasty shot to deal with on a slippery pitch, there isn't a keeper in the world who would have held it, it was a desperate effort just to keep it out let alone know where it was going next. Calling that a spill is a bit harsh, we've seen a keeping error, and that wasn't. But my favourite comedy gem from this whole thread is the bloke who said Guly had a good game. Yeah.

main point - we've had a fantastic year. but A few players struggled tonight, and anyone defending Guly's touch and decison-making should be quite lonely - don't give me the old 'he makes space, his running off the ball etc' drivel. He's meant to be playing with Lambert but we are just about playing one up front, Guly's out of sorts and got away with it for his two great finishes the other day. But 90mins without those finishes = a very poor game. Ref awful, but didn't cost us the game, Kelv unlucky with the goal, two great saves, third was too much to hope for. A couple of decent signings, a partner for Rickie, and the bus can get moving again - it just needs a set of plugs. Onwards and upwards.

recognition at last! The biggest dossier on wrong doing at a club ever produced. Don't worry girl, it's still in development, we haven't finished yet. And talking of that, the delusion continues with this little gem from The News comments - The club is still working and has a sensible wage structure in place. There are no huge wage earners as there were two years ago - the cap put in place by CSI has made the wage bill more workable. What's more annoying, the delusion and ignorance, or the fact that some of them just blatantly make things up and others believe it? And as Gemmel points out, AA is going to have a fit when he sees what the previous administrator for pompey has left the CSI administrator to deal with. Maybe Chanrai can offer him some neutral advice to help things along in the best way possible for all creditors.

No progress on the sale of WRC rights - rumours that the usual broadcasting suspects are sniffing around but no deals announced. Without AA being able to sell off assets and chuck funds into the Fratton black hole pompey must be down to their last pennies. Payday about three weeks away? WRC rights need to be agreed within the next seven days for AA to redirect CSI cash away from where it is legally meant to go. As for 2012 predictions - I can't see how they will avoid the points penalty, and it should be more than 10 points. They do have the squad to overcome a basic penalty, but only if they can gather investment to pay the wages. Without that they are heading for firesale and relegation. IMO that could be a 60:40 possibility...next week may tell us a lot. Most likely 2012 scenario based on recent history? Forensic investigation finds 'serious wrongdoing' but is unable to pin it on anyone due to missing documents and confusing paper trails, AA mentioned, but no charges. Tax cases collapse when the HMRC legal team drops the ball again. Vlad imprisoned, big questions unanswered but no link between stolen money and 'project pompey' proven. Chanrai finds another 'loan', the 4th or 5th against the same security, they strengthen in January and head up the table, creditors are ignored and mutter among themselves. While this would satisfy the inbreds who only care about what occurs in front of them on a saturday, the club would become so loaded with debt it would be terminally insolvent - but it would plod on regardless. Dream scenario 2012.... Wages missed, points penalty, firesale, weakened side obliterated at St Marys giving us the three points we need for automatic promotion while confirming their relegation. Investigations throw up more penalties, League Two beckons, criminals abandon carcass, fratton Tesco opens, the pompey name just survives and get to build a fresh new clean business from the bottom of the league structure - the inbred few also abandon and a new little fanbase of normal human beings follow them, politely, and with no delusions, nor caravans, lucky heather etc. And we beat Man Utd at SMS in August before heading off to seek vengeance on all the other clubs who saw us off in 2005. It's good to have a dream.

little moments - that injury time defending against MK Dons, Kelv punched the ball into Millbrook, Lallana ran himself into the ground blocking crosses and then Barnard headed off over the hills and we nailed the game by showing great fighting spirit under pressure. At Orient, watching the cross find its way to Barnard who said 'thank you very much, we'll have three points!' I knew it was going to happen then. Listening to Solent when we scored the first at Plymouth. Great bit of simple commentary, he just screamed 'Lambert', and we all knew what had happened. The demolition of the big names in the Championship. But overall, what a year! Wow. Let's hope 2012 can match it - but first, let's finish it in style.

15, any advance on 15, going for 15.... 20! - gone to the man in the back with the red and white shirt on...