
rallyboy
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Everything posted by rallyboy
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I guess all good things come to an end - the golden team that took a glorious home point is finally being broken up, George is needed by the people who pay his wages.... Or did Roy see it on the telly and immediately rescue the poor kid from the footballing wastelands? The club that time forgot. It means they can creep one player closer to splashing out in January to get to the magic 20 players again. Stop paying Ben Haim, ignore Hermann, knock off a few for injuries and I guess they'll be able to go on a spending spree with the full support of the authorities. Though, if a transfer embargo does pop up I reckon it could be different this time. Lampitt signalled the end of mad spending only a month ago by failing to land new coaching staff and the appointment of pay your own way Appyboy. It looks a bit like the coffers are absolutely sh$gged, so an embargo would be welcomed to take the pressure off whoever claims to be the owner. Love to spend, not allowed, sorry. Roll on April.
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do I hear murmourings about another transfer embargo looming?....yes I do, it's just a matter of whether the rumour proves to be accurate... Not that it should matter to someone who has no money to buy players - especially as they totally ignored the last embargo.
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its an indication that normal service has finally been resumed. The disappointment at outplaying them but not winning, combined with their celebration of a home point at the final whistle like it was a glorious victory - that smacks of a small club that knows its place. Being squeezed from both sides, a generation of occasional plucky giant-killing cup tie attempts now awaits...legal action aside. That was indded a short burst as the top south coast club. Six years in a lifetime? We have a forum thread that could outlast that. They have settled back into their traditional position as underdogs, even against a side fresh out of League One.
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the police negotiated a news blackout on the Lawrence attack to avoid further hassle, all it did was saved him being heralded as a hero yesterday. From the way he played he might be better off staying sober and getting fit. Being there yesterday gave a better insight into the Skate fanbase, you can see where our own pet ones fit into the family. We have the cross-eyed, frothing at the mouth, 'grown man who should really take a long hard look at himself' sort, in the South Stand at the end. I saw a pound coin thrown! - I don't think I hate anyone that much - 10p perhaps. And behind the gang of simpletons who step on the pitch when they score, with no steward intervention, or throw the ball away when they are losing and constantly abuse players, risking a banning order, there are the more sensible ones who must be ashamed of what is done in their club name on national tv. The image isn't of a passionate fanbase, it's of inbred yokels who are out of control and only show up when a big club comes to town. So I think we need to give up this hatred thing, we can't compete, nor would I want to. Confession time - I don't really hate their players, it's the retards that follow them that I want to suffer. Look at them, really, they are subhuman. And before a pompey fan comes on attacking me for this - go on, admit it, there are some there who you are ashamed of. Your club looks unattractive on tv - which is 'cool' if you want to look hard to 14 year olds, but terminally damaging if you want investment from grown ups. As for 'Fortress Fratton' - all that abuse didn't bother players nor supporters one jot - the 12th man? - more like the 12th poodle, and it was cross-eyed. And had distemper. Their cup final is over, the next big challenge is to pay the January wagebill - that might be tougher. I think they could overcome a ten point deduction, but add in a minor firesale and things would look a little bit relegationy.
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I thought the idea of selling off an asset was to pay CSI creditors, not to chuck it into a black hole? And on a personal note I do hope that rallying doesn't save them from a firesale! Anyway, talking of black holes, I'm off to Fratton, catch you later.
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Mero, yes, anyone who thinks they can sit in an opposition part of the ground for this game is a bit bonkers. The only consolation to us if the result goes wrong tomorrow is the thought of your youth team coming to St Marys in April. You won't go bust, AA won't allow it, even if every sensible legal view in the land is that you are totally insolvent. Feel free to be ashamed should Lampitt sanction another spell of overspending in January - it's time for pfc2012 to be born - a club with a clean slate and a wish to compete on a level playing field at whatever level that means. Give the club back to the few and earn some street cred from the rest of football. In the meantime, let's hope the club that has cheated it's way through the last decade finds Karma knocking on the front door at 1pm tomorrow.
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with no actual convictions it was difficult to fail the FaPPT BUT....the football authorities have clearly dropped a clanger. The league accepted the new owners as they had a guarantee - from a bank already refused UK trading by the FSA. Lampitt told the league that these people were fine, that may have helped. It's not the league's fault, but they could have taken action. Chanrai thought he had offloaded a rabid pup, but they paid him with half a bucket of sh!t - so no one has come out smelling of roses. The more I see of this latest low, the more Lampitt looks responsible. He and Cotterill spawned the great quality over quantity debacle, he welcomed the new owners, and he allowed overspending to continue with debt looming. He is Storrie's lovechild.
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no way the WRC image rights are worth the money Antonov paid, then again it wasn't his cash so the purchase price was irrelevant - so Chanrai ain't gonna see his money back from that little sale. You have to admire Vlad's cheek though, cruising the world buying shedloads of stuff using a bank guarantee that he's printed himself in the back bedroom. How does the league feel about being conned in this way by the owner of one of their own clubs? You'd think it might annoy them that Lampitt welcomed these people into their world, approved the sale and declared them as fit and proper to run a league club. Rangers and Bournemouth must be ****ing themselves laughing - and so they should be!
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spoke to a skate tonight, he doesn't see how they can be running at a loss. I told him to go away with a calculator and see for himself. I would take Lampitt's reference to a possible ten point deduction as pompey's opening salvo in a negotiation with the league - set a level and hope they accept it... Because if they re-enter administration without having exited the last one correctly then they'll be facing some serious sanctions that will make minus ten points look like a picnic. The noose does seem to be tightening this time, I think the term 'perilous' would cover their situation now. Players being told they might not get paid, potential investors being made aware of 'obligations', AA saying everything is clean - it's worrying times down that way. The last thing they need is a home defeat at the weekend. Or their owner in court.
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thanks Hutch - well that sounds better - I thought AA was only removed from investigating himself, I thought he would still be responsible for any complications to his partially completed admin exit. If AA's role in the CVA is over then pompey-Newco has a real problem, you would like to think Baker Tilley can't do business in the same style as AA. The deadline will have to be met....I hear a little timebomb.....tickety tickety tick tick tick...
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I told you it was going to kick off! Pity I've been out and missed the webchat. Bearing in mind AA will obviously attempt to launch a further delay to the CVA pretty soon, how does his position as CSI administrator sit alongside him coming back in to deal with pompey's incompleted administration exit? He is now in charge of PFC as an asset and in that role has a duty of care to CSI creditors like poor Mr Chanrai, yet he also has a duty of care to the unpaid PFC creditors who have been stitched up by AA, as guided by Chanrai. AA will have to chase himself up for payment of the CSI loan first...and he can charge two lots of fees as he discusses it with himself. How can he be operating in these two conflicting roles? Yes the businesses are connected, but the administrator for the two companies has different priorities. And as for Lampitt giving his blunt view on the small businesses owed money by his club - dismissing those small creditors as not his problem wasill-advised at best. He needs Nige to go over and give him some PR lessons. As FrankC and several of us have been saying for flipping ages, why didn't they put the money towards debt, why continue spending when you are already in DEEP water? The gaining of sporting advantage through overspending money you don't have, is called cheating. To repeat the offence is not only cheating, it may well have terminally damaged the business as well.
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....Whoops, clumsy rallyboy with his big sausage fingers pressing the wrong button - added a bit of dramatic effect though....for no reason! And then found he had hit his three in 24 hours, hence the pointless delay...so as I was saying - When pushed I thought this adminstrator I met today might be going to tell me that AA is highly respected, but no, far from it. AA is as popular in the trade as he is on here, this bloke was scathing about him. And this expert was also astonished that the court didn't put the poor club down when they had the chance - he said the inflated debt gag was the oldest in the book, doesn't know how the taxman let them get away with it. So as we thought really, but now with the support of experts. All quiet on the pitch, other than the News rallying the troops by shouting out the fact that the woeful Lawrence looks set for a recall at the weekend, right up there with us getting excited if Davis isn't fit. And of course 3-4,000 of the home fans will be wondering where David James and Harry Redknapp are. If you want to fill a ground you need a big club to come down. Also I believe that the few's local paper may be running something very soon about the dodgy state of the CVA and small creditors - and how a £1M plus needs to be plucked out of the air from somewhere a bit sharpish.
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just had a chat with an administrator..
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more bad news for the few - OWNERS of caravans and trailers have been barred from keeping them on the side of the road in an effort to tackle parking congestion. Portsmouth City Council has ruled that leaving non-motorised vehicles parked on roads for long periods of time is an ‘unreasonable use of the public highway’. The council has identified 50 caravans, boats, horseboxes and trailers whose owners will now be issued notices letting them know they must be moved within 28 days. 50 caravans? That's their entire travelling support since Dale Farm was cleared.
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when we were flying the only worry was that a derby game is far removed from current form - as it is now, that idea will do us nicely. Nige will prepare the guys well, cool demeanour, let pompey dive in with reckless abandon and don't get involved, the yellow cards will flow and they might even lose a player. Rickie will sort them out and Guly is so detached from reality that he won't even notice the abuse and will saunter around like he owns the place....and will write his name into Saints history. Or we'll lose 1-0.
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you gonna change your name to anothersaintinsouthseawhohastocatchabustosotonandbackagainjusttogettofratton? Big week for pompey, isn't the owner back in court on Friday? Difficult to keep up with all the court cases, must be another tax evasion one coming up soon as well.
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I had to laugh last night when I saw Cotterill explaining how his side had dominated their 4th consecutive defeat and were the better team. Antonov should have been charged with defrauding Notts Forest, selling them a manager that wasn't fit for purpose. That comedy deal might be the bright point of their season - unless we can't get Davis fit....
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but Man Utd owe more than we do, it's not fair. I seem to remember us trying to explain the difference about 900 pages ago. We obviously failed. I think one or two of these arguments have run out of legs, Ho won't accept the fact that the club couldn't afford the cup final team that they failed to pay, and the rest of us are fed up trying to explain it. Call me Sherlock but the clue was that they had to join a winding up order to get their cup final money. And its not that they haven't come close to servicing the debt, it's that they haven't even tried! Even the latest criminal ignored the debt and chucked money into the black hole of transfers and salaries. The latest regime has clearly just done more damage, but Liam Lawrence says everything is okay, so hurrah for the russians and the loan shark! But no fear, the magical ever growing parachute payments will cover all woes and make 2012 a fluffy trouble-free place. Bolster the squad in January and Lampitt can steer the good ship pompey back to where it belongs. Court.
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the remaining parachute money is going nowhere near the CVA, as pointed out it's clearing the massive football creditor bill. If that was really your great get out of jail lump sum I'm afraid it just disappeared quicker than Avram in a police raid. You are obviously one of the sharper members of the few as you try and debate, but don't try and pretend that either cup run was legal. The club has been 'used' for the best part of ten years, the funding for big names to get out of the championship started the house of cards, Harry continued once up in the top flight, and the whole lot has fallen over ever since. The fact that you claim your owner was solvent in 2008 when the whole world knows he wasn't even the owner is laughable for a start. The club was cleaning blood money back then, from a man who wasn't allowed to own the club - were there any alarm bells? Pompey's last administration was one of the most predictable collapses in sporting history - champions league wages on 20K gates = problems. You outbid Liverpool ffs! Shame for the real fans, but as Frank's Cousin summed up so well, a bit of humility would go a long way. If you accept the crimes of the past it would be honourable, defending the criminality just leads to abuse. Supporting the continued criminality is just bonkers and will destroy the club. When we were struggling I recall analysing what I actually cared about. It wasn't players who took wages, they just came and went, it certainly wasn't the board, you end up with just the badge - your problem is that the little moon and stars is now tarnished as well. The last brand that was damaged so badly was the News of the World. It's no good bleating to the league, you need to knock on Lampitt's door and ask him what he's doing, the roots of all the problems have been created within the four walls of Fratton Park, every time. He's only just stopped spending money - three years too late, but it could be progress, unless we see another bonkers January shop. It's gone on way too long, hanging out with one criminal is unlucky, getting into bed with five makes you a cheap prossie. It's over, you'd enjoy yourself far more taking 2K to some crap little ground in the Blue Square and building a viable and respected club. The current one has had it, put it down.
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thats a good spot in the Jewish Chronicle! Though no doubt one of Ho's mates posted that in pompey six months back and we are all playing catch up... That piece supports the theory that it finally dawned on Lampitt about a month ago that they were still insolvent - and becoming more insolvent by the day. Even Mr quality over quantity may be admitting that his masterplan last season, that was repeated this summer, was a huge mistake. New manager brought in on a pittance, top earners being sidelined in time for January - this is starting to look like a club that has no money and more importantly has decided to stop spending. So congratulations to Lampitt for that, it looks like a fresh start. Sadly for him the damage has already been done. Their only hope now is that the mistakes like the £40K a week double signing of Lawrence and Kitson can be passed on, and there is only one man in the country who pays those sort of wages - time to ring his former partner in crime Cotterill. He might be their only hope of shifting some of the deadwood, but then again I recall being told by the few that he was a coaching genius who did a fantastic job steering the highest paid squad in the division to mediocrity, well he may be able to save them once again by paying over the odds for his former players. But no one will pay Ben Haim anywhere near the amount they have ploughed into his bank account - was that a Storrie signing? And remember kids, a Storrie signing isn't just for Christmas, it's the gift that keeps on giving!
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the football league meet today to discuss pompey, I think they would have to prove themselves immediately insolvent to qualify for a points deduction so I'd be surprised if that happened today. But I'm happy to be wrong! The league are more likely to swerve a decision thus delaying any new ownership negotiations - unless of course the members of sos pompey who are going to stand outside their offices and abuse them over the FaPPT swing the vote. While the test needs changing, its surely not the best time to have a pop at the people who have your club's future in their hands. And of course they promised Lampitt that it's a multi-club demo so I look forward to seeing fans of all colour and creed gathered showing a united front....I do hope they haven't misled him, then again he does seem a bit gullible.
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I know that if I ever need serious investment advice I turn to a badly-informed footballer who has no grasp of the commercial world. Of course Liam, the club has cleared loads of debt and looks a really attractive proposition for anyone with £100M to spare... That's what's been wrong with most of the staff down there from Avram to Cotterill - they open their mouths and ridiculous stuff keeps spilling out. Gives us a laugh though I suppose. Rather than improving things, in the cold light of day it looks like the russians have significantly damaged the business by loading it with more debt... Total required to clear the debt and pay the wages over four years is now around £110M? Projected income in that period if they stop giving away seats and food and retain championship status = £50M? Shortfall = £60M, which doesn't sound much if you say it quickly. Plus another £50M to sort the ground, and £100 for the toilet, maybe £300 to get the fat out of the system. Cost of simply buying a midtable Prem club with no debt, no ongoing legal issues, and a ground = £60M. We thought we might have got it wrong this time when we said no honest businessman would see pompey as a going concern, well the one that proved all of us pants-wetting drama queen nutjobs wrong is on bail - and the thread continues, and flourishes. I can't see where they'll find another sucker, maybe coaching genius and model husband Avram can point them at one.
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Lucky we were, but you make your own luck by having an attractive looking business that doesn't need too much to turn it round. Re The Mail - appointing an agent? - if it's true, and let's face it I don't see a fact in the article, it would indicate a serious shift from 'all is well, we just need some investment' to 'we're doomed, abandon ship!'... Creates instability either way, and that has to be good. Bringing together my username and this thread in a seamless move that we've waited 910 pages for - the word in rallying is that CSI's North One is desperately seeking funding and the championship's image rights situation could be in big trouble very soon. The relevance of this is that CSI's portfolio has some ropey businesses in it but the WRC is one of the stronger ones. If one of the star performers isn't self-sufficient, god help the rest, many of which appear to be unprofitable tinpot outfits designed to impress the outside world. Likelihood of pompey being self-sufficient and able to swerve league penalties? I would stick my neck out and say no chance. The problem for the business on page one was they needed cash, asap. IMO they now need new cash within the next two months to avoid losing points. Add in a loss of players and it could be a classic season. Proviso - they have been here before - no money, needing to sell, no future.... What did they do then? Went out and strengthened for the cup game, so I'm just glad we play them before their next illegal January spending spree.
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following that meandering pointless webchat I think we need to set up dial-a-scummer - all of your financial questions answered, even the ones the News avoids. Tis the only way the facts actually get out into Portsea, and despite what Ho says, it's clear that most of their fanbase have no idea what state they are in, or any understanding of the implications on the business. 'Why can't the FA pay off our CVA now using our parachute payments to make it easier to sell the club'.... And they still had room for a new myth - 'the Liebherrs have said they don't want to run a football club....'I must have missed that press conference, was it the same one that Nicola used to list his transfer targets?
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sos pompey should be alright to run the club. They just need to run a few bucket collections to buy off various owners. Once they have raised something like £40M at the next two home games, that will leave them secure to the end of the season. Then they just need another £20M to see them through next season and the jobs a goodun, could even be in profit by about 2015. Looks like the way forward now that Ridsdale and Storrie have committed themselves elsewhere. The only hitch might be that once they've raised £40M through jumble sales and sponsored walks, that amount of money will attract the same characters that have been there for the last ten years. Though if the tabletop sales and meat draws are that profitable they might want to abandon football and concentrate on them.