rallyboy

interesting analysis Phil - slightly more relevant than the rehashed Hovis ad that starts with, 'between wars we had 50,000 people in here for our cup replay against the Corinthians', now being held up as a claim to a decent fanbase in 2010. Also curious to know more about how AA may have been telling porkie pies about the Hart family, he must love a good court case. I will chuckle when the CVA unravels under scrutiny.

I guess the best way to judge if they have got away with it will be the amount they invest in players. This thread can close the day they make the automatic promotion slots back to the Prem - to be that competitive would suggest that whatever takeover they manipulate is complete. BUT I still think there are plenty more laughs in this, and let's remember, we've had a whole year of belly laughs so let's not moan - tax evasion and hilarity - it's been like an extended Ken Dodd festival, it went on so long I had to wee in my flask. We can't pretend we haven't had value for money.

the comments regarding Stockport are interesting, Pompey are heading for a transfer embargo 'for their own good' and they will now have to file accounts and present detailed plans to the authorities. This will mean that they will now have to operate as a legal company, and compete on a level playing field - which could come as a shock. No more illegal transfers, no more buying out player's contracts to make them free agents, no more 'special deals' with Spurs, and the first time a lump sum slips out of the accounts and leaves creditors out of pocket it will be highlighted. Hopefully the rules will be strong enough and enforced sufficiently to get what was clearly a cheating club back within the league structure's rules and to protect local businesses and charities against theft, and of course they will have to meet the agreed terms of the cva should it be ratified. So if they escape further court action, for the first time in three or four years their results this coming season could be legally earned and so it will no longer be correct to call them cheats. It's a big IF.

so AA's decision to chop the taxman's cut down to a convenient level was taken after he showed it to a mate and asked what he thought. Fortunate his leading tax specialist didn't call it the other way. And can we clarify once and for all, did he need 75% approval or less than 25% voting against the cva? They are two very different things and I thought he needed the 75% support for it, which he claims to have cleared comfortably - and I don't believe!

is it just me or once again, do the figures not add up? The taxman + Hart + Udinese + any others didn't even make up 19% of the vote?.....and surely it had to be 75% approved not 25% declined so any missing ones were lost votes for them. AA couldn't contact some agents and the chairman of a football club he owes money to, but he managed to contact thousands of other annoyed businesses, and get their overwhelming support for 4p in the pound a year?..........no, I don't think so. And if Gaydamak has just lost £25M he will whack up the price of the future ground development land, and any rent he is charging for the ground the offices stand on - so he still holds an ace. I just don't buy AA's version of events, it defies logic and some of the facts.

the gloves are off - go taxman go! Unleash the hounds of justice....

while footballers everywhere are putting in at least 110%, AA still short changes us by only getting his total vote to 101%. I'm surprised he managed to get everyone to vote, I would have expected a few creditors to have more important things to do that support AA's effort to shaft them, he's obviously shrewder than we thought and the taxman will be no match for his superior skills. Or there might be a different version of these events later and it might look like AA has been talking b0ll0cks all along.

can someone let me have David Luker's email address? I know it's on the forum somewhere among a million pages but can't find it on the OS site easily either. ta.

I still believe they could find themselves under a transfer embargo for failing to file accounts - a new ruling quietly voted in last week.

we know how damaging delay can be for a new season. Slowly does it Mr AA, no need to rush things. Anyway the unveiling of the new manager will have to wait until his Argentina side get knocked out of the world cup.

that means AA has realised that the time for words is over, it's time to deliver! - a cva, debt repayment, a genuine financial report, and perhaps apologies to the fans he's misled, and everyone they've screwed? I expect him to score 0 out of 5. Though he might have a different version of the result.

if we've learned anything in 555 pages it's take any statement coming out of Fratton with a pinch of salt - the promises of wealth, the denial of tax problems, the harbourside superdome, there will be no firesale, the taxman is with us - so many examples, very few have been true. The current classics are that there will be no more points penalties, that they can afford Harewood's wages and the hint that the CVA will sail through unchallenged. They may well turn a corner on Thursday, but it will require more than a press release from AA to make it happen. He can deny it all he wants, he can announce new managers, he can sign autographs and plan big spending sprees - but until a billionaire slaps cash on the table, toast is still on the menu.

the problem is he's ignoring the creditors and hoping they go away, not really his remit. His job is to responsibly manage the debt, not increase it to a ludicrous level - his luck must be running out.

I can't believe that a company in administration can continue to run up debt at the rate that AA must be doing. No current income, regular hefty wagebill, soaring interest payments to shrewd loan sharks - because let's not pretend that businessmen 'helping out' since October last year are doing anything other than exploiting a damaged company to claim assets or massive repayments. Is it not time for AA's bosses to start getting jittery about responsibility for debt created under their watch?

AA and the players they can't shift are slowly but surely bleeding the carcass dry. Any investment from Chanrai funding this sham administration isn't a present, it's additional debt that needs to be addressed should a new owner ever emerge from a nuthouse. Every day that passes without new investment their plight becomes worse, but I can see why AA is in no hurry.

so when they say 'in the running' to buy, they mean, 'have left the table stating they are no longer interested'. I would have thought that even Ukranian gangsters would find it difficult to commit any new offences via the club - child trafficking maybe via a bogus academy?

more progress than that - the word in financial circles is that someone knocked on the door today but by the time AA stopped shredding files and got to the door they'd gone, frightened off by Griffins no doubt.

looks like it was the taxman's fault after all, he should be paying them something as an apology, I bet the greedy git kept taking their VAT off them as well. Those spiteful creditors as well, providing services and then expecting payment!! Is AA the first football administrator who has actually forgotten to administrate and is instead pretending to run a little football club project and does everything in his power to avoid settling debts or satisfying creditors? It's so obvious he's working for one man, the authorities must be ready to jump on him from a great height. Good to see we've cleared up that there will be no more points penalties, that must be a relief to any of the few who haven't read the small print.

about as relevant as the old 'but Chelsea have bigger debts than us, why haven't they been docked points?' argument - an idiotic observation that keeps on spilling out of dim people's mouths. Perhaps we need to put together a leaflet explaining in simple terms what has occured. And on that one - pompey were docked points for going into administration, they have been punished for that (though it didn't cost them anything as they were hilariously proven to be the worst team in the division by quite a margin) There is no comparison with our situation, our penalty was imposed because Rupert missed the date. It's black and white and both offences are now history. However, the further penalties they face concern any irregularities, insolvent trading, use of illegal agents, tax evasion - plus anything else that a proper adminstrator stumbles across when he is eventually appointed. Plenty of laughs to come.

did I spy a little gem at the FL meeting? - it looks like they will be asking to see the latest accounts and the last I heard they hadn't filed any, does anyone recall that? Assuming that hasn't changed, Pompey will fall foul of a new ruling. It would leave them under a transfer embargo already. If so it will only be lifted when they file accounts - and that will lay bare some facts that might clash with one or two of their 'financial reports' previously lodged with courts and expose AA's debt-creation scheme so he'll be in no hurry. If the press report of the meeting is correct and the league back their word, Pompey can't recruit players.

I know there are a lot of pages here but when we discuss an article for three days and then someone puts up a link to it like they are the Sky newsteam breaking a massive story, are they being mischievously humorous or just too lazy to read the previous posts? It happens every few pages - very odd! And for anyone too lazy to read, we already know they are in admin, it's not going well, they cheated to the cup final and it all went pear-shaped. BUT if you have news beyond the 2nd CVA proposal feel free to let us know, otherwise I think we are on top of it ta.

so they can avoid points penalties by staying in admin, but they would be restricted on bringing in new players? That works for me, it would be the penalty that just keeps on taking away! I propose a season staying in admin with a depleted squad locked in a hopeless relegation battle and then no CVA next summer. Start Lg One with a points penalty, -15 for the CVA and -12 for the irregularities which will have been proven by then - and Lge Two will be calling. At some point on this potential journey the few will have to decide when the adventure was no longer worth the longterm damage. Currently it was worth it, a cup win over one relegation. But I reckon by maybe Christmas 2011, that gamble of the club's future against a 1-0 win over a bankrupt midtable championship side will look like an act of madness, and anyone who stubbornly insists that it was still worth it will be sectioned.

Surely the fact that android has massaged the figures and he could still only squeeze HMRC down to 25% is a feck-up of mammoth proportions?? He needed to get them down to 20% to have a chance of forcing a ridiculous offer onto the creditors that he's meant to be working for. Bit late now to find some extra debt, the whole lot should be referred back to the original Vantis report. Has AA made a crucial miscalculation?

just when I thought AA had gone quiet he reminds me of what a great comedy double act he and the prossie-botherer were. Other than interviewing potential managers, advising international players on football ideas, racking up fees working on a pointless european appeal, ignoring obvious criminality, failing to address debt or creditor's concerns, upping the wage bill, underestimating the taxman, allowing the debt to balloon, creating a fantasy CVA plan and signing autographs - has AA thought about doing some actual........well, I don't know how to put it really........shall we call it, administrating? The circus is still in town.

those who don't get the obsession can't have travelled east of the Hamble in red and white. If your missus or kids had been abused in the street just for wearing a shirt you would have an opinion on those that dish it out. So all those back in the cosy wardroom can just worry about Saints, the rest of us in the front line trenches will not only do that but we'll keep an eye on the enemy as well, on your behalf.