andysstuff

Could be the best Xmas present since I got a bike when I was eight.

See post 8

Seems the gun lobby are agrguing that this wouldn't have happened if more people were allowed to carry concealed weapons. There really really really aren't enough facepalms anywhere for that kind of logic.

Looks like they are relying on the old addage 'there's one born every minute' at the moment

Well, it includes Legal fees which aren't ongoing, though I see Chinny is after £400K for his share of the last two days so I would guess PKF's are at least the same. Still suggests a shortfall of £600K in 14 weeks for day to day running of the club.

It had better be. Still begs the question how they can spunk £1,000,000 more then their income in ten months whilst in admonistration. That's £25,000 each and every week.

Micah Hall ‏@blueballoo2000 And I see some fans worrying about 'unequal fans' - the HNWs have put in £1m for ZERO RETURN, to keep the club alive. Expand Reply Retweet Favorite 55m Andy Andy ‏@Andysstuff @blueballoo2000 you sure it's Zero return? 'We are bridging the losses' suggests otherwise. Expand 28m Micah Hall Micah Hall ‏@blueballoo2000 @Andysstuff yes, I'm sure. Hide conversation Reply Retweet Favorite seems 'bridging the losses' actually means 'giving money away'

Statement from Portpin: “There was a fundamental flaw at the heart of the administrators’ case, even before the issue regarding the valuation of Fratton Park came up in court. The proposed purchaser of the stadium was simply not in a position to fund the purchase even at the minimum price PST offered. This has been a huge waste of time and money. Legal costs of around £400,000 have been awarded to us against the administrators, money that we are going to pursue administrators personally through the courts, to do all we can to ensure that the Club does not have to pay. Portpin has offered to replace the administrator and to fund the administration until a fully funded buyer can be found, but to date the administrators have not taken us up on this offer. PKF have admitted in their application that they will run out of funds by the 21st of December. In what has already been the most expensive and longest running administration in the history of English football, there can be no further delays if this Club is to survive.” http://www.twitlonger.com/show/kbm180

Strikes me that Trev was the HMRC's choice of administrator at the Court hearing. What if he is actually Agent Terv??

tcwtb?

If they are running things at a loss now, I would be very worries about investing anything.

Sounds plausable

All over adjourned till 15 jan.

Updates as and when please Kracken.

Guessing today will either end with an agreed valuation for FP, be it £2.75M or some other figure, PKF saying that the whole deal is currently off or that no agreement has been made despite their best efforts and we'll all come back in 28 days to have th matter heard. My money, what little of it there is, would be on the latter.

Ahhhh, I see what you did now.

How did I miss that??

Much hilarity to be had over on The Snooze site. Anyone who's not been banned able to say what's going on over at POL?

Easy now, lets not go all POL.

It would have done were it not for those pesky People at Portpin.

Failed FAPPT?

He tight, could be a bumpy ride.

He's not a happy bunny tonight is he. I'd be surprised if h gets any sleep. Bless him.

PKF were court appointed at HMRC's request, are they (the Court) able to change that at Portpin's request?