rooney

Aplogies my previous reply was Gemmels and I was trying to highlight the quote. However he is not far adrift in his comment as the accounts for DMWSL 613 Ltd show Intangible and Tangible assets of £17.5m with the Loan from Markus or his company at £25M. The diffeence is probably down to player purchase and providing an element of working capital.

As far as wiping out all the debt, it was of course replaced with new debt through loan notes, which still stand and if taken at the word of the chairman, will ultimately be exchanged for equity or wiped out. I read the accounts (Could be wrong) as the cost to buy the club and continuing trading losses amounts to around 24 million. Which if you paid 13 million or so up front, spent a big wedge on players and then paid them big wages, would be about right..... So i guess the question is, are we worth more than 24 million here and now. If pompey really were sold for 15, then you would have to say a big fat yes.

A search on Portsmouth Football Club (2010)Ltd reveals that the 2 Chanrais & Kushir left the board on 6th June and replaced by Chris Akers, Vladimir Antonov & Roman Dubov. The current shareholders are not listed nor is Convers Initiatives charge mentioned in post 39759. Probably too early for this to be documented on the Companies Register. Portpin's Charge is still shown at present. It may be worth looking again in one month's time to see what the changes are.

I expect the Russians as individuals own Portsmouth Football club now as shareholders as you cannot complete a mortgage over your own property. I expect to the encumberance listed by Baloo is probably no longer valid since the takeover and probably it is too early to show the lifting on the Land Register. I also seem to recall that the Football Stadium and the Car Park were owned by different individuals and it was Gaydamak who owned the car park. This is probably the reason why Gaydamak's name does not appear as the Mortgage by CSI is only on the Stadium.

I think it was because they were not in the first team squad whereas Pulis & co were.

similar thought about Jon Parkin too.

Where is Saint_John with all the High Court news?

Tax Relief on private pensions was not scrapped by Gordon Brown, it was the dividend reclaim tax on the investments contained therein. Tax relief on pension contributions for both basic rate and higher rate tax payers was and still is, reclaimable.

It does not matter if he was playing at international level or sunday league, a football brain is making the correct decisions at the right time. You cannot, even with the most biased opinion in the whole wide world, claim Theo make the correct decisions on Saturday night. That is one of the reasons why he was taken off and another why England did not win the game.

Walcott ran down blind alleys last night. He did not trust himself to be able to push the ball around the full back and then get down to the by-line to cross back. Chamberlain has done this so many times for Saints. IMO Chambo has got a better football brain than Theo had at his age and will become a great player. It seems that Dalglish, Fergie and Wenger think so too, if they desire to pay all that reported money for him.

I asked the same question on another thread but did not get a response. Is there anyone out there who lives nearby that an tell those of us that live a long way from Southampton?

Jack Cork would be a great addition to the squad. He is young but experienced in the Championship. He knows the club and we know what he can do.I would have thought too, that like Fonte, he can see outside the box and the potential there is at SMS. Besides, as a southerner, I am sure he would rather be down here in the sun than stay at the likes of Burnley in the rain. I do not think he will ever get into the Chelsea side whilst Abromovich is spending.

Must agree with everybody here- our set pieces are so much better now. I still think somebody could learn from MLT regarding corners.

Does anybody know the latest on the Training ground? Has the improvements started yet. The last I heard from this board was that PP had been agreed and we had a visual tour but that was ages ago.

Happy Birthday Big Ron. One of our best strikers that I have had the privilege to watch. Those leaping salmon headers were to be seen to be believed.

Was that the time he called him the Human Sloth?

Fantastic for AFC Wimbledon. Well done.

Whilst the youngster who have been released must be disappointed it is not the end of the world for them. We released players like Matt Mills, Howard, Mike Williamson who have all gone on to make a good career for themselves.

Too true. He looked a good prospect a few years ago when in League one but has not developed at all.

Also Jake Thompson released by Exeter. He was one of our wingers when the Dutch Boys were in charge.

But it did not work for us and it has'nt for Cardiff again ,despite Bellamy's wages too.

Agree with that. Pardew had some very good things to say about him and his family when he joined us. There was a delay for some reason--something about a work permit I believe.

That was because Wigley was coach at the time when Stuart Pearce was Manager.

I would go along with that too!

You are wrong. I know somebody who does and who has already posted the fact on this thread.