rallyboy

poor little plucky Pompey with their sell out support are doing very well - another two points and they might even be able to stay up when the potential ten point penalty for a 2nd admin is enforced (prior to the inevitable financial irregularities penalties.) It's only a problem if the first hit is a 15 or 17 pointer for a third admin.... And if they can just get some of the big earners back off loan to strengthen the squad it should see them out of money completely by the January wages day, and ploughing through the entire four years of parachute money by the summer. Any potential buyers on the scene looking to cash in on this little goldmine of an opportunity?

yeah, to Mero and Mack a happy Christmas, thanks for joining in the entertainment in a mostly sensible way, respeck - and to your football team, a happy Christmas and a very short and painfully insolvent new year that leads to liquidation, criminal charges, and a fresh new club that may one day become our rivals. And while we are on - seasonal greetings to all my fellow antagonists, analysts and the deeply outraged of red Hampshire, one year soon we will redress the balance my friends, oh yes..... though I fear it won't be in 2011. X

the creditors are idiots and have already legally agreed to accept 1p in the pound via the 'less expenses' wording - they queued up like dim lemmings and surrendered all rights by approving the insane unworkable cva that a backward three year old could see right through. We all know the creditors will get properly shafted like a Latvian model on the top table at the West Ham Xmas do, but how stupid are they?? I'll let gullible Terry off as he's a fan and doesn't care about the money but most of the others have voted like simpletons. Is this the most distasteful and criminal saga in UK corporate history yet or does Chanrai have to delay and haggle a bit more with the terminally ill children to claim that crown? Despite raping the charities and local businesses they are still paying a fortune on overpriced PR services so perhaps we will be treated to some nice Xmas shots of Kitson etc waving their wage packets at ill children in hospital. Or has that local ward been shutdown in light of tax shortages as well? Tis still a disgrace, they are forever tainted.

holepuncture has made a good point there - AA only pushed the unworkable cva through by grooming the creditors. It must have been quite a shock to them when they arrived at the meeting to discover that he isn't a 13 year old girl who likes ponies and X Factor. Terry the gullible builder should write to a Portsmouth MP complaining about sexual harrasment, the MP should be able to assist with that.

I have this image of half their squad desperately clinging to the last big payday of their career. Ludicrous contracts agreed by Storrie, Redknapp etc that no other club can match. The likes of Nugent, Kanu, Haim will never earn that sort of money elsewhere. They have given up on career prospects at a higher level and are hanging on for the cash. Storrie's little signature on the contract is worth millions to them and the football creditor rules assure them of every penny. It would be funny if it wasn't for the fact that they are still doing it. Kitson and Lawrence anyone? No, only Pompey are willing to outbid Prem clubs to pay them that much.

Just like Grant before him, everytime Cotterill opens his mouth something ridiculous spills out. He's an idiot who has no grasp of football finance and the vital relationship between the team and the business. Where do they find these people? They need a manager who can manage every facet of the club, not a 'yes man' who thinks an unfit squad player on £36K a week plus his image rights is an asset to an insolvent business. I feel sorry for one or two like Mack, their club is still being run by buffoons. Give Haim away, you can't afford him, leave him by the skip - with the other eight you can't afford.

what a shame, I'm sure that was the quarter of a million that was earmarked for the charities and local businesses. Oh well, looks like they will just have to wait.

if you have a small squad and poor cashflow, anything that delays income and crams the season into a shorter timeframe must be a real bonus! Bearing in mind we just looked like a team that hadn't trained for a fortnight, I do hope Nige is looking to get depth to the squad and turn this weather to our advantage. We will all be looking at three games some weeks - any club with no depth is going to get found out.

I think thats about £300K the bank will have held back this month, not a big deal to most clubs but a lifeline if you are trading insolvently. They desperately need the matchday ticket income, especially as they have given the shop away to Kappa. Questions potential buyers might want answers to - what is the debt? No really, what is the total debt figure? what future income hasn't already been spoken for? are there any revenue streams left? how can we get the wagebill down? why can't we use the car park and offices? so other than the debt, what do you actually get for the money?....

you could be right about the extent, there's a guy I've known for years, you suddenly discover that he spent years constantly obsessed with all kinds, washing his hands a hundred times, he did the car thing as well I think - that type of behaviour. I guess we all have some odd ways, it depends on where you draw the line. My missus can't stand objects near the edge of surfaces, scissors have to be closed - is that classed as common sense or something more serious? The toilet roll, are we getting into things that annoy rather than obsessions - this could turn into grumpy rant time,which is never a bad thing. I think the only thing I seem to repeat is going to disappointing football matches, though even that condition has improved quite a bit over the last year or two. I had an attack a couple of weeks back but generally it's controlled.

As JimBob once said, don't grow old, don't get sick, if you do Mrs Thatch will rip your face off for a pound. We have demonstrated over the last two generations that neither far side of the political spectrum works. Let's not rewrite history and make out that Thatcher's conservative party was anything more than a remand centre. I haven't seen a PM in the last thirty years who did anything other than look after themselves first - the only one who hasn't lined his own pockets appears to be Brown who was presumably too overhwlemed by the job to wage war for personal PR, or indulge in 'unusual' business activity. Margaret who? Just another sad figure from ancient history.

sorry holepuncture but you can't go accusing people of theft, deceit, poor education standards, inbreeding, ignorance, gullibility, bare-faced cheek, fish molestation, blind naivety, having a shed of a ground, money-laundering, trophy theft and dodgy property development without some facts. So I suggest you withdraw the idea that Harry will get £6M from his nightclub 'project', it must be £4M tops.

I recall that in the accounts there were some hefty transfer payments due in January as well - presumably some in, but more out. The total still due back in April was £17M - the Prem must have paid some in August, I presume there must be a whack due next month -anyone remember what page the link was to the precise detail of when each instalment is due? That'll give a better idea of the cashflow situation. If it's anything over £200K it'll need a firesale, another crippling loan, or more of the parachute payment to be used.

that must be on the strength of his fine performance last weekend... I thought that he and Puncheon have been great examples of players who while useful, clearly demonstrate in other games why no one wants them. There are not many bargains that other clubs have missed, and in the third tier you get all kinds of players coming through the door with great youtube reels or tips from Weah. For me the jury is still out on Guly, not being harsh, just hope he can find some quality and consistency - along with about ten others.

funny how they never respected embargoes etc and you got the impression that they were never really in administration, yet now they are out, you get the impression that they have never left it...is this the only business to spend more during financial restrictions than when under 'new' ownership? Results on the pitch with some of the highest paid players in the division will distract most fans for a while. I still think the club is walking down the beach to look at the debt tsunami, whether they are in admin or not hasn't bothered them in the past so it's likely to be business as usual for months - but without major funding, one day that wave will come in.

buy Pompey. Get a receipt. And ask for change.

yeah, keeper saves a penalty one week and is a hero, next week he drops a clanger and he should be shipped out to a glue factory. Nowt as fickle as football folk, and that's probably why most players and managers don't give a t0ss what we think! Anyway, you lot still trading insolvently?

he hadn't dropped a clanger for a long time - but boy was it worth the wait when he did! Keepers are judged on how few errors they make, despite Saturday he has a good ratio for us. He's doing alright. Luckily it didn't cost us the game, the other ten playing poorly ensured that. Look at Gomes, cost his team a vital win yesterday, Green saw us out of his one and only World Cup, sh-t happens.

we have found on street parking close to the arena in the last couple of years - if you came out of the tube station onto Wembley Way facing the stadium its off to your right behind the arena, you are straight into residential and not all of it was permits on a Sunday - we got quite close, but even a few roads away is better than £8!

whoops! You're on dodgy ground there Mack - Cotterill? Grant? Rix? Adams? Hart? The French one that I forget and you would like to? All the other nobodies that Mandaric employed?? You have only had one competent manager since Frank Burrows - and he bankrupted the club! Quite happy with our manager ta. You'll be advising us about working with charities next....

One officer said it was “potentially one of the most serious incidents of public order” he had witnessed in the city on a weekend and had officers not responded quickly it would have become “unmanageable” Are these the same guys who released a few thousand Pompey fans into a car park and had to use the Thames Valley horses to break up trouble involving approx 4,000 people? Was that perhaps more dangerous than a pub scrap? If any officer is overawed by a couple of dozen drunks he or she will be petrified if any students ever decide to make a point about tuition fees in the city, they break windows and all kinds. BarnardGate sounded dangerous, but let's not big it up into 'the worst ever'...

he did well for us so good luck to him BUT what a mad appointment, sack a perfectly good manager at great expense and replace with a similar level of manager at huge expense with a five year deal, alienating an already annoyed fanbase. Ashley just needs to wipe his ar$e on the shirt and wee on Milburn's grave and his PR campaign is complete. Has Storrie joined Newcastle?

there are plenty thicker than him - remember how.... we are still in debt and don't own our ground, there was a dock strike but no one can quite pinpoint the date, a story strikingly similar to the Ipswich/Norwich myth, there will be no firesale, the World Cup will finance the new harbourdome, the charities and the creditors will be paid soon. oh yes, there are loads of people who still believe all this and make pompeypaul look like Mastermind.

Impressed. He has been a bit bonkers at times but he is our nutter and he wants success for Saints. There was even a hint in there that he accepts he was wrong re the media, that isn't the cartoon dictator character that some have tried to create. The bottom line for me is that he made a promise to his friend before he died, I would be astonished if he didn't carry that through. He may break a few eggs getting us there but I look forward to seeing Nicola realise the dream that Markus had. Which is the polite but less interesting version of what Mr Saints so clearly stated!

I forgot, they also had the charity box off the counter. They haven't stolen it, they're just helping the charity by 'looking after it'....