OldNick

The first cut is the deepest.

When we were about to go into administration it was put back from 5 at night to 11pm as an investor was there wanting to buy.I think the reason was proof of funds could not be shown.It was in the media on the day

what happens to the bet if you are both right or wrong do I get it?

All very disappointing. The traincrash last saturday was not very exciting and so they have deserted us again.Is it due to RL being on tv, it surely isnt a case that fans want to see the team win. Watch them flood back if it is going to be last ever game at the stadium against Burnley etc. Anything less than 25k and it shows that we have a very fickle fanbase apart from 15k go through the good time and bad time hardcore.

No but it came mightily close didnt it? All 11th hour stuff.

I hope you haven't laid out more than you can afford.

Still here just have more pressing things to worry about than Pompeys biggest bravest supporter. I notice again your posts have increased again, quite prolific since our going inot administration. Something that I was/am totally against.It is wrong that suppliers are going to lose out.I have no pride in that.I sincerely hope we wriggle out of the minus 10 points something you didnt have to worry about and frankly if that penalty was not around now i suspect saints and many others would have gone in months ago. You have always been smaug and so its hard to tell if you are more smug than normal, but as you are on here more regulairly again I suggest you are. Fortunately for you the records of your past claims about the stadium are erased, and so you cant be shown to be the big time charlie we know you are.We only had a few posts from you in feb and march but the other major penalty for going into administration is that you noiw again feel ****sure of yourself and can come back on again.

I thought he had a stammer when he kept saying Vodafone, Vodafone, Vodafone until I saw him watching the adverts flashing across the screen on those noisy billboards.

I think you are in dangerous territory questioning the integrity of the Administrator.They earn too much to worry about appeasing RL

As I have said RL was showing people around the club weeks before administration.

yep they'll have Button and the rest disqualified for daring to compete.I must add that I dont follow the sport of watching advertising bill boards driving around a track at 200mph but a staff member tells me about it.

sadly the last 5vyears we have performed like Enzo's team have so far this season

No I cant I did realise that when I posted. SFC do have assets that Leeds Bournemouth didnt. I think Im corect that the others did not have a freehold on land ,stadium, etc. As i said i do hope my worries are unfounded but asset stripping is a profitable business.

May I also point out that Bournemouth would be a much less value transaction, our will be considerably more. The costs of Morgan and whether Pulis etc were a waste will be miniscule to this. A business I know went into administration and anything sold they took a slice. Example their stock was put into an auction which the auctioneer was to charge his full fees on the hammer price the adminstrator took a 15% commission on the hammer price as well.Add to that the goods were to be sold at a fraction of cost and you might see the business came out of administration basically ruined by administration.I dont blame the administrator, they charge their fees and is all above board but it is a licence to print money. For all those who wished for administration may regret it in the long run, but if Alpine is right about the Indian Billionaire my fears may be totally unfounded.Only the next 3 weeks will tell us.

You have put what I have tried to point out very well.Thankyou. At present SFC will be looked at by highly professional people who will try and assertain its worth if it gets split into lots of little packages, the good sold off the skelton left for the 'fans' to pick up. This could rightly be called scaremongering, but I would put it as realism. Those people will have a lcearer picture to get their value from.They will not need to worry about whether they have to invest 20m on new players, but how much they can hive off until they give the club to the fans. IMO they would have the easiest and most profitable route.I dearly hope that Im not proved right, it is not important to me as it may to others on here.

Duncan you are a 100% correct pointing this out.Some have tried but only fans like yourself who have the ear of many will be listened too. Asset strippers will be there and waiting, they will assess thevalue to them by slicing off the good take their profit and leave the bad.It is out of the peoples hands who had respect for the club as an entity.RL or LC who both in their way had the best for the club at heart will not be there to check who takes over. The administrator will do the job professionally for the best for the creditors, not the customer.Sadly only now will the penny start to drop, you may be able to whip the fans up in a frenzy to help your friends who are trying to buy but that will not mean a thing to Mr Fry. His job will to be get the most and that may not be best for us. A very sad day that the bank decided to pull the plug on us.

Wrong then, wrong now. Administration is a disaster. just wait to see those bills bleeding us dry, players being sold on the cheap and if we get bought by asset strippers you can come back and tell us how good it was.

Dont get fooled by 34 expressions of interest. You could regisiter that.Anybody dreamer could do so.The administrator will love the fees coming in as he researches each and every one. I see it as a confusion and may even put some off as they dont wish to waste money, as there is lots of competition and the club look less attractive as it will be hotly contested.

WGS has no idea either of course.

I know what you mean but he did ok for a while with a real lack of resources.It was the home form that did him/us in.He was a mistake.

I see what you mean, but as soon as RL was going to have anyhting to do with the club Jan was going to be appointed i suspect. It is such a fineline between an abject failure and a masterstroke. This season was only about staying up and keeping out of admin, sadly both may come to pass.

You took replies from 2 differing posts to different posters and different lines of debate and when they were to be implimentd. So i will try and explain where I was coming from for you. We had an agreed £5m overdraft, the bank then reduced it to £4m. Therefore we cut the expenses by a £1m. If our overdraft had still been £5m we had room to manouver and with that we could have got loans in. When the period that Um was talking about we were trying to get the 6.5m overdraft down to the agreed £5m. Different times. I also do not think that if we did have the £5m level and had got down to £4m giving us some breathing space that Lowe would have spent much either.Perhaps 1 loan in, but that may have made a difference. I hope I have made myself clearer for you.

Ginge you dont happoen to drive a jag/daimler do you? it s just I thought I may have seen you yesterday

The world was shakier place in september. I doubt that the confidence and low interest rates would be there at that time.There has a been a minute improvement in confidence, the banks will loan and in september i doubt any bank would have lent to an investor in a football club. Jan did ok with the resources in an up and down period but should have been dispensed with 4-5 games earlier.To be fir had we won 2 or 3 more home games he wouldnt have been usch a disaster. I still think he was a mistake but it was a finely run thing

My logic is too high brow for you Ginge, If we had not had the overdraft reduced we would have been able to get a loan in.I was alos answering Umps suggestion about selling players.Read the sequence and then you will understand...perhaps.