Torres

Difference between the 2 sitiautions with regards to a CP of the stadia Derry is that St Mary's could, potentially, have been an investment for Southampton Council. Decent crowds meant decent revenue for the club so they could afford rent, plus all the conference and meeting facilities and potential for using it for other events (concerts etc) may have made a case for a decent return on the council's investment. None of that applies to FP.

Re any new CVA, the liquidators of OldCo (BakerTilley) are owed £16.5m. In order for them to be able to block any CVA proposal in the face of all other unsecured creditors voting in favour, the total unsecured debt would have to be £66m or less. In reality, not all other unsecured creditors would vote in favour, most obviously being HMRC, so it seems likely that BakerTilley will be the deciding factor in any CVA proposal being accepted. So what are the chances of them voting in favour of another paltry return? They were appointed by HMRC and so we assume that they are, to some degree, willing to do as HMRC ask. I would think that HMRC are also now the largest unsecured creditor from OldCo's liquidation now that the other large unsecured creditors who (the group of ****ing players like OHara, Quincy, Big Sol, "Jambo") have all been either paid up or left and are no longer owed anything from OldCo's liquidation. This must also give HMRC some weight in influencing BT's voting behaviour. Presumably their duty is still to get the "best" return for OldCo's creditors but if HMRC hold sway, it may be that the "best" return for them is for PFC to hang.

Rule one.

thick skate does not know what a balance sheet is, for starters.

pfc123 is having another stinker on here today. Silly boy.

http://www.portsmouth.co.uk/sport/po...hful-1-3765230 The "thousands" who stayed behind must all have been in a different stand to the one in the picture. PMSL.

Oh good, so TBH hasn't gone yet then. And they're still paying him. £15k so far since they were relegated 3 days ago. Good stuff.

Trousers - say it ain't so....

Is the Rumafia site still down or can we start trawling it for clues to who their new owners might be?

Danbert - as long as there is enough cash due from the Premier League in parachute payments, the players will get what they're owed. They are more certain than anyone else, even the administrators, of getting their cash because the PL will pay them directly (before the money goes anywhere near the club) if needs be.

We were well on top when the ref made the cock up and it did totally deflate us. It shouldn't have done, we should have been mentally stronger to forget about the injustice and carry on playing the way we were, but we didn't. I have little doubt that we would have gone on to win in the ref had made the correct decision and sent Hines off.

It's Middlesbrough. I think you'll get your wish.

If I was looking to buy the club, I'd hope my loved ones had me sectioned.

There's a replica of the replica. There might even be a replica of that.

His brother is a Charlton fan.

*waits for head explosions*

What we really need is drum.

I didn't like it because I got bumped around when we scored and I could have got hurt.

To be fair, you have to compare Pompey's away support with that of a club with a similar fanbase, like say, Wigan. Doing that, 800 to Donny looks good compared to 200 to Arsenal. Well done little Portsmouth!

I think we should be allowed to say thank you to him too. Thank you for rinsing the skates for millions of pounds for doing nothing at all. All rise King Kanu, PTS hero.

There's a lot of the creditors from the old list who are not on the new list PLUS Portsmouth City Football Club Ltd (in LIquidation) - OldCo - are on the new lost, to the tune of £16.5m. These are new creditors and new amounts chaps.

Webchat

Looks like an almighty bunfight brewing for the parachute payments too and interestingly one that Birch is so desperate not to get involved in that he's effectively given up hope of ever seeing a penny of them.

So PKF are saying that in liquidation Portin get zilch?