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Weston Saint

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Everything posted by Weston Saint

  1. from 3 days ago Obviously did not do a good enough job of selling tickets!
  2. Scan showed a Grade 1 groin strain. These syptoms usually disappear within a week and as of Wednesday he seemed on course. Agree with you, I would not risk him on Saturday or Tuesday.
  3. I dined with Adam Lallana's father on Wednesday and can assure you that Adam's groin injury is not too bad. He is back doing line running. Will he be fit for Saturday? On Wednesday it was too early to tell. As the VMAN said last weekend, Leeds might come too soon. Adam is desperate to play every game but he has gained a level of maturity and knowledge of his own body mechanics to make the right call along with the Medical team.
  4. As you have only picked out parts I assume you agree with the rest A The majority were sypathetic. It was the idiot minority. None of my many friends from down there wanted us to disappear. B Is that not what I said? there were diffences but not the fault of the supporters. If "cheating" is the wrong word I am sure you get the idea.
  5. Bit of humility needed on this thread. Remember back a few years ago just before our owners came on the scene. We faced liquidation or a micky mouse outfit with no money coming on board. We got very lucky. I know there were many idiot pompey supporters who wanted us dead but the majority of the sensible ones, and I have many friends who are or were pompey season ticket holders, wanted us to survive. Sure they had a smile on their face when we lost games but in a friendly rivalry way, just as the majority of Saints supporters would. Sure there are differences why both South Coast Clubs went into Administration. Was that the fault of honest hard working supporters who looked to the club of their birth or attachment for football entertainment or escape. How many of our supporters hated Lowe because he would not invest to the next level by breaking our wage structure or transfer fees? Yet this is what we are now rightly blaming the Portsmouth Management for doing and what many other clubs are doing. If we get promotion I want it to be on merit. I do not want our 1-1 result at Pompey expunged because West Ham did better than us at FP. Is that not the same sort of "cheating" we are blaming of PFC. I do not want to see Portsmouth FC liquidated (all though I fear that will be the outcome) Yes I want to see them with a bloody nose and I want to see them in a lower division but not gone forever. Whatever you think of the present set up, there is history there and it is worth preserving. So B for me every time
  6. This has to be the closest PFC have come to liquidation! Chainrai may want to save them to protect his interest but to do so he has to put more capital into the "money pit". What chance is there of then selling on! The ongoing contractural debts mean no one will be interested. They are just not sustainable. It is a dead club walking. Money transfusion will only prolong the agony. But as we know the Portsmouth saga has more twists than a twisty turny thing. This thread has a while to run yet.
  7. Quite right too. No need to repeat what you have already said.
  8. Here is a good note on decision HMRC, then Inland Revenue v Wimbledon FC (2004) In the case involving Wimbledon Football Club. The articles of association of the Football League and the League’s insolvency policy provide that, if a member of the League goes into administration, the League can require the relevant club to transfer its share in the League to a person nominated by the League for a nominal consideration and the administrators can only sell the share and the business and assets of the club as a League member if, under the terms of any sale agreement, the purchaser agrees to pay the debts of "football creditors" in full. The Inland Revenue challenged the proposed creditors’ voluntary arrangement for Wimbledon on the ground that it unfairly prejudiced the interests of the Revenue as a preferential creditor as it provided for the debts due to the football creditors to be paid for by the purchaser of the club. As the football creditors were being paid by the purchaser on behalf of the company but were not paid by the company out of its assets, the court held that there was no unfairness in the CVA so far as it provided for payment in full of the football creditors. Such payment was for practical purposes a condition precedent to any sale of Wimbledon as a going concern together with its membership of the League. Such a requirement of the buyer was a matter of commercial necessity and as such did not make the CVA unfair.
  9. Let me clear up one thing. HMRC did not lose a court case reducing their power from preferred Creditor to unsecure. The Government passed this legislation in the Enterprise Act 2003. The particular section 251 Abolition of Crown preference. (1)The following paragraphs of Schedule 6 to the Insolvency Act 1986 (categories of preferential debts) shall cease to have effect— . (a)paragraphs 1 and 2 (debts due to Inland Revenue), . (b)paragraphs 3 to 5C(debts due to Customs and Excise), and . ©paragraphs 6 and 7(social security contributions). . (2)The following paragraphs of Schedule 3 to the Bankruptcy (Scotland) Act 1985 (c. 66) (list of preferred debts) shall cease to have effect— . (a)paragraph 1 (debts due to Inland Revenue), . (b)paragraph 2 (debts due to Customs and Excise), and . ©paragraph 3 (social security contributions). . (3)In section 386 of the Insolvency Act 1986 (categories of preferential debts) for the parenthetical words after “Schedule 6 to this Act” there shall be substituted “ (contributions to occupational pension schemes; remuneration, &c. of employees; levies on coal and steel production) ”. The HMRC have since challenged that the "Football Creditor" rule is unfair and against the principles of the Insolvency Act but have so far failed. The latest Appeal Hearing Judgement was reserved and we all await it's outcome. Nobody, including the Government, can know what the Judicial decide until it is made public. They can only speculate as we all do. It HMRC win then I suspect a number of clubs owing lots of money, including a high proportion to football creditors will go into Administration to cleanse their debt. Whilst the Football creditor rule is in force where is no point if the large proportion of their debt is to football as then liquidation and loss of the "Golden Share" was the consequence. West Ham were a good example. They owed so much to other clubs including their compensation to Sheffield United that Administration was not an option. If the HMRC do not receive a judgement in their favour the Government must act. Legislation must cleanse football and put them on the same footing as any other creditor including the crown. Returning HMRC to preferred creditor status is not the answer.
  10. Pride goes before destruction Prejudice causes destruction
  11. Not Chairman, Trousers, Chief Executive but he wanted £300,000 a year with liquidity garantees if I remember right. It was not in the public domain though.
  12. Let us not forget Eric Day 147 goals in 398 league appearances
  13. I have one concern....22 years old and he has only played 1 first team league game and that was for us. Apart from 3 cup games for Spurs all other games have been reserve or academy He may have skill but he failed to demonstrate any impact at SMS. He looked comfortable on the ball but nothing flowed from it. He has a reputation of skill but easily knocked off the ball. I think Spurs let him come here to toughen him up in Championship football but we cannot afford the luxury of playing him. He is way down the pecking order but he is here until the end of the season. I am assuming Spurs are paying him but that we have agreed a loan fee.
  14. Brian Howe interview after the game http://audioboo.fm/boos/684234-brian-howe-talking-to-mark-mudie-after-the-leeds-game
  15. Chez, I noted your report and whilst we want to play good passing football the pitch was truly awful, good football was impossible to play. The general view was that the tactics were spot on. Seems the result proved that. Too often we have gone to these type of grounds and lost because we "wanted to play our brand of football" We have looked pretty but lost. If we play like that every week you are correct, not many wil want to pay hard earned money week in week out. I am pleased we can "mix it" That was what was missing in seasons past.
  16. Adam tweaked his groin on his assist for Rickies goal and came off as a precaution and to avoid further damage.
  17. I receive a call at least once a week. I let them explain and then ask them if they like acting fraudulently. That starts off a "what do you mean" conversation. I then tell them my computer is not infected. It has many error messages within the operating system (unseen unless you know where to look) but that does not slow down the operating system and it is perfectly normal. BT my provider has confirmed that. I then ask them again why they are acting fraudulently. Windows do not give them authority and they will never ring a customer. They end up putting the telephone down on me. If they are not trying to gain access to your operating system they are trying to charge you to clean up an operating system that does not need cleaning.
  18. From a conversation with David Sullivan http://www.westhamtillidie.com/2012/02/20/in-conversation-with-david-sullivan-part-6/ All 6 parts are quite interesting but part 6 shows just how much WHU are still in the poo
  19. But it will be based present value in the open market without planning blessing.
  20. Say you have a mortgage charge of £100,000 but the property market collapses or something happens in your area to reduce the property value. You go bust. The Mortgage company take your house back, sell it for £80,000. You still owe them £20,000 so they become an unsecure creditor for the rest. Their security is only on your house, not its contents or other assets you might have.
  21. But no supermarket will get planning. The Council say it has to be used for leisure purposes so any value will reflect that. Tesco's will not purchase it to run it as a football stadium!
  22. As I understand it, Chanrai has a charge on certain aspects of the club for £17m. The Administrator can look at the "market value" of that aspect of the charge. Say it is only valued at £10m on the open market, that is the extent of Chanrai's charge as a secure creditor. The other £7m is unsecure and he takes his chances with the rest. Suddenly the club looks a little more saleable!! Conspiracy theory - AA was looking after Chanria's interest only rather that all the creditors!! If the value of his charge proves to be less that £17m it may have legs. Thoughts from our resident experts.
  23. He is a decent intelligent guy who lives and works in Birmingham. I have been out for a few beers with him when we used to have a charity get togethers with Saints/Pompey fans. There are just as many good Pompey Supporters out there as there are Saints or any other club come to that. For most it is just good rivalry not to be taken too serious.
  24. The day Thou gavest, Lord, is ended Eternal Father, Strong to Save O God, Our Help in Ages Past
  25. You are on life support at present Ho. Birch might yet turn it off. Don't get too smug!
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