
rallyboy
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Everything posted by rallyboy
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this could be the day when their solicitor has a sudden mental breakdown in court after months of guilt and blurts out everything he suspects about laundering, theft, fraud, and irregularities... On the other hand it might be quite boring.
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Big expansion plans on land owned by others is standard practice down that way so Horsea Island is a goer, just like the harbour was. I spy someone who wants to watch a few weeks of football for free and soak up a bit of hero worship for a damaged ego - what next? Replica shirt, white suit? - old ground revisited. Why approach the fans before the administrator? Why promise fan involvement with the plans for of a new supermarket tucked under your arm? At least those people-friendly hedge fund folk will keep the community feel to the place, they are all heart. The bunch may well be serious buyers, but if this is an indication of how they do things the comedy is set to continue. Re tyrekickers, I did suggest about 100/200 pages ago that we could hire ourselves out for football admin advice, it's a boom market and we were in early! Hull, West Ham - give us a call.
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Benjii's just about got it (...not entirely sure about 'great day') - when the first goal went in I turned to my friend and immediately said, 'that didn't hurt like I thought it would'. And it really didn't, we are a club from the third tier and our semi-reserve side from two divisions lower on a combined wage less than your keeper, scared the crap out of the illegally assembled squad. It was also great to make the entire Pompey fanbase come to St Marys and be forced to look us in the eye, because we all know what your club has been up to, and we know where you are going, which we enjoyed telling you, just a pity the few were so quiet and didn't join in until 75mins. Now you can reflect and think it was a great win, but show me a Pompey fan who didn't have a nervous feeling prior to that day and I'll show you a liar. And PES, this might cheer you up with what's coming your way - for me leaving the Dell was much sadder than getting relegated - either time! The relegation happens over a long period and you can see it coming in September, anyone surprised in May is an idiot - but walking out of your home ground for the last time, that is a proper sad day. Looks like you will be spared that one for the moment.
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he's going to stay at a place where he'll get kissed by a fat man with a droopy moustache, they'll have matching outfits and bunk beds. His only hope is that Mr Big, Fred 'the tan' Dinenage, can pull in a few favours from his old manor, organise some muscle, get him a piece, promise a blag or two, have a wheels man waiting - it's either that or some tasty firm's going to blow more than his back doors off.
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Pompey administrator Andrew Andronikou said the shops are among 'the visible cuts' he is making at the club. He said: 'There will be changes across the board – ranging from the number of the club's retail shops to its obligations for the photocopy machines.' was that a clue as to the identity of the leading consortium?
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it's funny how none of us are happy about the way that they have cheated and got away with it but now the admin wheels are turning the new slate doesn't look very clean. In the next 8 weeks the newly-trimmed wages will cost at least £6M? (And anyone who thinks they will get paid in May without new owners is deluded!) The taxman wants a few million just to shut up and there are football debts due in this period as well. Even with cup money the income will nowhere near cover these figures, let alone overheads, admin fees, and that's ignoring the rest of the debt that's currently frozen. Just looking at these next two months in isolation, the figures still don't stack up, the only way they could continue would be through further Chanrai loans, an additional debt that would discourage new owners. So nothing has changed in six months - they still need a cash rich buyer, and they need his investment to be flowing within four weeks. Nice of the players to offer to help out some of those made redundant, pity they are only looking at those that wait on them at the training ground, a bit like getting your own butler to stay on while the rest of the former staff can go do one. Birmingham City staff - 80, Pompey - 360 - what could go wrong? Have they been managed by idiots or criminals?
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Interesting article! If it looks like financial irregularities, smells like financial irregularities and wears a teeshirt that says 'I'm a financial irregularity', the chances are, it is. Penalties could follow - and not the sort of ones you have after extra time. Next step could be for AA to dump Storrie. Then it will be the battle between him and Tanya as to who can get the best deal from the police on 'assisting with enquiries'. Despite her shrewd resignation my money is on Storrie - a master political mover who can convince people of all kinds of things. He will move quickly to cover his tracks and hopefully incriminate others. Then AA could be too busy sorting out discrepancies to find a buyer. The thread needed a new lease of life - this could be it.
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I too resent the cheating element but I'm looking forward to watching Bale crossing and Crouchie nodding past a flapping James. In that single moment the door will slam shut on their season, the silence will only be broken by the sound of chains and padlocks locking them out of the Premier League for a generation. One minute Grant will be dreaming of a cup final reunion with Chelsea, the next he will be staring down the barrel of a long and dark reality. He might even need to relax by splashing out on a used model down at Horton Heath - but that's only if he needs a secondhand car.
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so is Chanrai putting in a real £15M to upgrade his initial imaginary donation into a £30M debt? If so he's kindly loaning back some of the money he recently trousered out of the backdoor. Either way that is one debt-heavy, asset-free, cash-gobbling machine that AA's trying to sell - mainly to people off here if a few posts are to be believed. AA still looks like a clueless balding man who's pretending he isn't balding, or clueless - he's got that Steve McLaren comb-forward thing going on, it doesn't fool anyone mate. Bearing in mind we thought this comedy show was over six months ago, we shouldn't begrudge them some breathing space from the taxman, he will be back with more gags shortly.
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the spin continues. Andrew Andronikou told a packed press conference at Fratton Park that 23 full-time staff have left the club. But the bulk of employees made redundant - 62 - were part-time staff. So 85 staff made redundant? No, 23 made redundant and some part-timers axed too, from the imaginary 600, or is it 320?... Why do they continue to mislead the court, the taxman, their staff, fans and the media? There has been no great cull or cost cutting, just some light pruning that will make no dent in the £4M wagebill - the gravy train chugs on - and continues to crash. And AA seems to be the only one who thinks the taxman has backed down......
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Avram Grant is an idiot who would do well to keep his trousers and his mouth zipped. He took the worst job in football as an odd favour in a vague middle east peace accord and immediately acted surprised that there were financial issues. He then managed to drag their reputation even lower through his hobbies. He's bigging himself up to the fans when they win, and hiding when they lose. He doesn't grasp that by fielding that team the club is cheating, and he blames everyone else for their plight. He then rather oddly announces that last Saturday was 'a great day in history'...not for fair play and the sport it wasn't. What's more his league record is appalling! - Adams and Hart must be amused by his self-proclaimed hero status. While I have great sympathy with their office staff who are today being chucked out on the street, Grant doesn't deserve to get paid. And if a valid expose on money-laundering hits the streets before Monday that would be the end of the road, no court could let them continue.
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They are playing outside of FA rules, outside of Premier rules and now they don't meet the criteria for Uefa. They're not actually a football club anymore, they're just a company that has football in the name.
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Grant arrogantly announced after they cheated their way through at the weekend, 'our spirit can't be broken!' Big words but the facts tell a different story - whoops, there go another three points. I wonder how he got on with his theatrical bowing to the fans tonight, or is the craggy-faced prossie-botherer getting selective about when he does that? He has evolved from shrewd coach to fan-pleasing yes man who is either stupid or desperate for work. I look forward to him blaming the authorities again, it's not fair etc. Well done Brum, another nail in the coffin. Poor crowd, rubbish display, taxman waiting in the wings, justice around the corner.
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training at Silverlake? They might give them a tenner if they weigh the ground in. Interesting points from that meeting - AA isn't aware that the tax debt was last seen to be £18M, a figure used in the court papers, he even has it below the £12M commonly quoted - so has he paid off £8M on the quiet or is he just a bit vague about stuff? 'Jacobs effectively working for free'....?? What does that mean? The Prem says they will discuss advancing cash once they have completed business with the taxman...that means, 'if you manage to clear that huge debt we will then help you with football debts'. Vital point - he says the arms dealer's £30M claim is rock solid and not a debt to be dismissed as Storrie and many fans have attempted to do, that's a big stumbling block to a deal. He still seems clueless, there are questions on there that would have been first on the list to get answered, yet he doesn't know. I await the great staff cull with interest - the obvious thing to have done three weeks ago was offload all 'contracted' loanees, all big earners, cancel flights, and to make serious cuts to running costs. But tomorrow I expect to see a distraught tea lady and a couple of stewards hanging up their hi-viz jackets thus saving a couple of hundred pounds - the amount that Utaka earns in about 20mins.
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I was thinking that the taxman had a list of 10-20 clubs who owe shedloads but it seems from that HMRC interview that Pompey is by far football's main offender. That's not a good position to be in, there's safety in numbers. If my club was the one who stood out from the crowd and deliberately took the p=ss out of the taxman I would have concerns for the future. But AA was right, Saturday was 'a fantastic day for all the creditors' - not quite as good as the day when you eventually pay their effing bills, but 'fantastic' nevertheless. Has the Hong Kong loan shark fallen in love with the club yet?
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The beast is terminally wounded yet they're still looking for little plasters. If they're lobbying for an emergency discounted version of parachute money advanced to creditors via the league, then they are in a worse state that I thought. That would just get them to the summer and their main future revenue stream would be dry, causing immediate decline and chasing off investors. It works for me!
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An observer might suggest that it appears that they are 'pretending to be in administration' to limp away from the winding up order and towards the modest sanctuary of another Sky payment, with a masterplan of hopping back out of this suspended state when the points penalty drops on the mat. Why else would the administrator not be slashing costs like an axeman? He is clearly confident of his own position (even though others aren't), he needs to turn the business around, yet all loan players are still happily trousering cash and the club is carrying on regardless, overpaid Storrie is still there (?!!!!) - when will the authorities appreciate that behind all the spin and the 'poor old plucky Pompey' campaign they are still making no effort to address debt. Shameful. It's good to see the rest of football is now waking up to the cheating aspect.
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Manager Avram Grant* admitted: “There are some great moments in *history and this was one of them. Yes, I will always remember where I was when that mighty Birmingham City side of 2010went out of the cup. Pompey midfielder Jamie O’Hara said: “The fans are fantastic. “They have a bit of magic about them. What you mean they can tell your fortune? We all can Jamie, and it doesn't have a happy ending this season.
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Are we as fans now obsessed with Pompey..?
rallyboy replied to Thedelldays's topic in General Sports
I would be just as interested in the downfall of any club that cheated us out of the cup with unregistered players and loanees that were agreed through false accounts sent to the Premier League. The fact that those of us to the east have had to put up with vitriol and abuse for a while now just adds to the interest as they sink. The mammoth thread in the lounge is a sound analysis of business criminality, a regular reflection on Pompey posters' arrogant boasts of super stadiums and the imminent arrival of Maradona at Fratton, all wrapped up with the occasional bit of abuse thrown in for good measure. A nice mix. Ted's looking east and waving them goodbye, and so am I. -
and the Eon man of the match is the blind linesman who gets a free trip to Horton Heath on Avram's expense account - an astonishing mistake to make at that level of the game. Beyond belief that he couldn't see the ball over the line.....you could see it was in on the telly, from the wrong angle, and without a replay. Anyway we're taking 44,000 to a Wembley final, and we have got there fairly. Bring on the taxman, sort out that dirty cheating club that brings the whole game into disrepute.
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Do we know if the Few are going to play registered players in the cup tomorrow? Any late loanees added to the wagebill today? Any all-of-a-sudden' free agents mysteriously paid up their own contracts with other clubs this week? Anyway Soooooper, super Kev, super Kevin Phillips. If that little monkey pops up tomorrow with a 96th minute winner it would nail their season good and proper. Mmmm, let's all remember the Nathan Dyer moment............get in there! Sshhhhh! Nice.
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mack rill has returned to an interesting point a couple of us highlighted a few dozen pages back. A court order on the back up of a cooked up case could be the only way of freeing up frozen accounts - thus allowing a couple of international criminals to split let's say, just as an example plucked out of the air, £17M? They have the back up of doing a joint property development should their money-laundering vehicle of choice lose a wheel or two. The only thing that might go wrong is if that vehicle didn't deliver the amounts agreed and it all got out of their control. The paper trail would be quite simple to follow I would have thought. The taxman has been quiet this week......maybe he's busy.
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Storrie could present Cash in the Attic.
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Did I hear someone mention in passing the other night that there was still the distinct possibility that they might be going down with no money in the bank? I don't know if anyone else heard that rumour.
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he does come across as a clueless chancer. I know that administrators are double glazing salesmen in smarter suits but he doesn't do their cause any good by spouting rubbish. The penalty is written clearly in black and white. The future income can be included as 'possible future income' but you can't say, 'I'm on £50K a year so I want £1M now', like a six year old with no grasp of how finance works. He needs to sound positive as a salesman, but there is no hint at the reality of the situation, then again it isn't his football club so he doesn't care if it all goes pop. He can just walk away from the wreckage and leave the police to finish the job. Interesting that he agrees with a few of us on here about the club valuation - £30-40M now and the same again to restructure debt. That confirms that there is no get rich quick opportunity for an investor, just a long haul of hassle and poverty.