Guided Missile

Speaking to Meridian Tonight, Marc Jackson was asked what his background is and who was behind his consortium. He told the programme... 'I was trained by Xerox, many many many years ago. I'm a business strategist, many people say I'm a photocopying salesman, which I always find quite amusing.' 'I actually have been in the past,been heavily involved in the fitting out of Southampton football club stadium. Obviously I have an IT background, sales background, but also I have had involvement at Southampton Academy and scouting for many, many years.' 'To give you an instance I was involved in the scouting of Adam Lallana from Bournemouth sadly, to Southampton.' 'I have many, many contacts in football, I have many contacts abroad as well, in American MLS football as well as in Dubai.' 'So it's a mixture of many many things, all put together with a vision for a football club and we are going to drop the blueprint into here, but all will be revealed.' When asked if it was his money he was investing in AFC Bournemouth, Jackson smiled and said... 'It is a consortium' When pushed on who is in the consortium, he added... 'That is, something that really and honestly will never be answered properly and completely, but the truth of the matter is, there will be answers to that to an extent in tomorrow's (Thursday) press conference.' Read more: http://www.bournemouth.vitalfootball.co.uk/article.asp?a=105852#ixzz0t7HLp4KI

It just occured to me that the Administrator is spending money on a PR agency to sell his CVA to the creditors, via a trade publication. WTF is that all about? They have a creditors list, just email them the response as a pdf, as they are the only people who have to believe the crock of sh !t.

"We are particularly surprised that the Administrators, despite their statutory duties, can find no link between the losses incurred and the management of the club. We feel it would be unwise for any responsible insolvency practitioner to make such a public declaration of support for the former management before a full investigation has taken place.."

Who is right? Griffins or UHY Hacker Young... There's only one way to find out.... Fight, fight...

I see from this article that Andrew Andronikou still thinks he's still playing Championship Manager. What a pr !ck...

Here

I think Gaydamak should be worried. There is an interesting paragraph in Griffins modified CVA that addresses this very issue: The case law is clear that a person cannot set their unsecured claim off against a claim the company might have against them. As far as I can tell there is no law as to whether the company could instead use the set off principle to reject a claim in an insolvency. Only the Administrators are in a position to know whether there is any claim at all and if so how much this could be. In my opinion, what will happen if Griffins are appointed as administrators, is that they will seek to setoff the £54M in losses that Gaydamak was responsible for, whilst trading insolvently, against the £32M he is claiming. It will be up to Gaydamak to: Prove, in a UK court, that his debt is valid. Prove, in a UK court, that Pompey weren't trading whilst insolvent, while he controlled the club. I think HMRC will definitely be having a pop at Chanrai and the legitimacy of his debt, but not until they have taken control via Griffins, of the administration/liquidation procedure and dealt with Gaydamak, first of all. Divide and conquer...

They need to, after our sh 1t squad tonked them 5:0. You remember that one, alps. You had f*** all to post ...

How would alpine know what positions we are deficient in? He doesn't go to games. You might as well ask a blind man to judge a beauty contest.

This whole thread exists because, in general, Saints fans have the ability to post interesting and thought provoking contributions to a debate that we happen to find entertaining. The debate is carried out on a website that is a thousand times better that anything that exists for Pompey fans. This thread is not really about the clubs or their fans. It is more about the fact that Southampton fans that post on this site, do not have chips on their shoulders about a neighbour, none of us really give a sh !t about, can tolerate alternative opinions from the likes of you, because none of us suffer from the insecurity your fans do, which is present, from not knowing the identity of your fathers. We allow you to post whatever you want, without the need to ban you "because you are a skate", due to the fact that it all contributes to the lively nature of this board and, when this thread finally comes to an end, it will be found to be the most balanced and accurate summary of what went on, at the cess pit you call a club. Long may HMRC read it and learn...

I applaud the policy taken by the club. Our owner didn't borrow anything to buy SFC, doesn't intend to borrow, in order to buy players or invest in the new training ground and obviously expects the fans to follow his excellent example. The added bonus is that there will be no poor people attending games...

Where did you get the impression that everyone was paid in full???? I downloaded the final Report of the joint administrators, dated 22nd February, 2010, prior to the liquidation of Southampton Leisure Holding a couple months ago. This reports that "the joint administrators completed the sale of the main assets of the Company, including its shareholding in Southampton Football Club Limited...Marchwood Training ground...Jackson's farm development land." It goes on to state "All of these assets were subject to security and details of the sale are subject to confidentiality. The joint administrators confirm that the value of the assets sold was significantly less than the amounts outstanding to the secured creditors and accordingly, no monies are available from the sale of these assets for the benefit of unsecured creditors. As part of the transaction, the secured creditors agreed full and final settlements...." Let's not start any ridiculous urban myths, shall we....?

I just remembered that BA had merged with British Caledonian a year before I took the flight and had taken on their routes. For those aviation anoraks out there that are interested, their old route map is here and shows how low the industry has gone, since sh 1t airlines like Easyjet and Ryanair have brought flying to the British underclass...

I flew to Abidjan in 1988 on BA. They used to serve Abidjan back when majority of their African flights were from London Gatwick. Flights were twice weekly. (BA078/079 - DC-10 - LGW-ABJ-LGW Su/Mo)

I spent a week in the jungle of the Ivory Coast, working on a project to try and eradicate river blindness. At the start of the trip, within 30 minutes of leaving the airport, our car was stopped by Government troops, who "asked" for $50 so that they could get a bus back to their headquarters. After a week by a river, at the end of a 5 mile dirt track, eating fish stew and being bittien by the flies we were trying to control, flying in helicopters alond the river rapids piloted by Vietnam vets who regaled me with the short life expectancy amongst the pilots who sprayed the rivers to control the fly larvae, I left for the return trip from Abidjan airport. On the way to the airport, I had plenty of time to witness a country in which human life has a price far lower than the west. Dead bodies lay by the roadside, unclaimed. Children begged for food at every traffic light, their blind elder brothers standing behind them with a hand on their shoulder. Eventually I fought past the crowds in the teeming third world airport and checked in for my flight. As I boarded the flight, I was greeted by a stewardess on the only British airline serving this hellhole. I slumped in my seat on this BA flight, already feeling like I was back in the UK and vowed, from that day on, that whenever I had a choice, I would "fly the flag". Employees come and go, but I use BA and don't find, in the long run, it is more expensive and it serves more airports than any of those that concentrate on that section of the population that travels for needless pleasure.

Sir Arthur Conan-Doyle's inspiration for Sherlock Holmes was Dr. Joseph Bell. Can it be, after all these years, that using a madman as a medium, Conan-Doyle is reminding us of this fact? What other clues is he leaving us? What is the significance of the invisible sheik? Why has a Greek imbecile taken over the football club, while a shadowy Asian lurks in the background? What do John W******d's tattoo's really say?

Arthur Conan-Doyle played in goal for Pompey... ...if only he was still around to figure out where all the money went. Caption Competition:

...classic film of our team "training" from 75 years ago. We weren't much better in a game as this demonstrates, but I can't help thinking that crowds were better, even though the standard was low and so were the wages... ...mind you, a few years, later in 1948, it all started going t!ts up, when the players made ridiculous demands. Watch this short piece to the end. We had the most contented players in the country, that season. I'm sure we still do...

....Rob Lloyd, the property developer who represents an unknown potential buyer of Portsmouth, said he did not expect his client to make an offer for the club until a Company Voluntary Arrangement had been agreed with creditors. Lloyd refused to respond to comments from Portsmouth's administrator, Andrew Andronikou, who questioned the authenticity of his interest. Lloyd says his client is still interested in buying the club. "We're still cracking on," he said, "but I don't think anything will happen until the CVA."... Pinnacle Mark II, by the look of things...

Anyone think that HMRC may have been following this thread?

I saw three of the Pompey team playing football with a hedgehog in Hyde Park, this morning. I was about to call the RSPCA, until the hedgehog went one nil up...

When is anyone going to realise that the issue is no longer the parties, but the policies and there is only one issue that requires a strong policy and that is the massive debts run up under Labour? All of the parties agree that cuts will have to be made in public spending. The only argument is when they have to be made. If we don't get this right, it is hardly going to be possible to finance the other policies that each party wants to enact after the next election. Watching Clegg and Brown, just demonstrates how much these two grubby, unprincipled politicians have learnt from the Mugabe school of "Holding on to Power". All their supporters can continue to sing along to their "Politics of Envy" tune, but I can foresee, if we allow their leaky boat to set sail, that we'll soon be printing £10,000 notes, that will fuel the fires, that will be burning on the barricades in London...

You only joined for the rum, bum and baccy...

I think I'll wait and see a direct quote from HMRC. The administrator said: "...the increase may be due to HMRC demanding revenue on image rights, which are usually paid to players' off-shore accounts. " We'll see, because I can't believe that they're not due a penalty or two from the taxman...