Weston Saint

Yes it has to go back before the Judge for "technical" issues. It is not listed for today.

http://www.rosebowlplc.com/news/rose-bowl-plc-welcomes-judges-decision-regarding-the-hotel-judicial-review/

It is not that case. It is the Campbell v Pompey Case. Likely only a Case Management hearing

Just had an email to say mine have arrived Block 228

I you want to buy a copy PM Duncan (Fitzhugh Fella) He still has a few for sale at cover price.

http://www.dailyecho.co.uk/news/5061265.Hampshire_Rose_Bowl_hotel_protest_is_hit_for_six_by_judge/ Judge throws out request for judicial review

It is the Campbell case before MASTER EYRE so I think it may simply be a case conference (what used to be called a directions hearing).

Rob Lloyd = Michael Wilde You could not make it up

Posted on PompeyonLine Hi all, OK, first things first, to clear up any confusion, Andrew Andronikou did, apparently, know of the meeting. It was just a matter of everyone being careful and not giving information out which didn't need to be out there (ie. a meeting with the fans). Saying that, we got to the meeting and, as I said, were surprised to see a bevvy of media there, cameras and reporters in abundance (including the black guy from Sky Sports News...not Mike Wedderburn). Would like to know who tipped them off (I have my suspicions). Anyway, before the meeting started, all the national media were asked to leave as this meeting was just for local media and the fans. Sky weren't too happy but they were told, no, out you go. Anyway, to the meeting. Rob Lloyd was sat at the front, flanked by Lester Jackson and Brian Ross, with Mark Mudie sat to the side. Rob started out by putting forward his view. He wanted things to be opemn and frank, he would answer anything where he could and didn't want to hide anything. He sees passion in the city and the fans, and realises that the fans and the club have been treated abysmally over recent times, so we need to get the confidence back. The way forward is to stabilise the club, which needs solid foundations built and look at strategies going forward to develop the club. The management structure of the club will be looked at but, most of all, the club is about community, and the fans have been left out. He said there is backing, and the next step is 14 days of factfinding. He admitted quite openly he is a Liverpool fan, but is not a regular attendee at games, and will be at the game tomorrow but 'as a Blue'. It was then opened to questions, and the first one was why should we believe, we've heard things like this before. You're an 'outsider', so why should we have confidence? Rob understood this view, it was understandable, and this concern could be pointed at any local businessmen as well. He sees a big opportunity at the club. We wants to be open with everyone from the start, as that is the only way this will work. The fans will get straight answers, and it's time to start building bridges. It was then asked if anybody from previous regimes were involved (obviously alluding to the likes of Chainrai and Storrie). Rob assured us no, the club had to start on a clean slate, a new framework. He added that it was too early to make concrete promises of how the club would evolve, the aim is to get people onside of what they want to do, look at the club and stablise it and take it from there. Comment was put to Rob that things have to be open, fans were sick of the club being tainted. Rob agreed, fans need to know who they are dealing with. It is important that fans and businesses are part of the club and have the opportunity to invest in it. The club needs to be stable going forward. Question was asked, is this a long term ownership and investment. Rob answered yes it is, the club has to build from its own means. It is not a short term fix and there are many problems to resolve. He sees two to three years of stabilisation then look at development from there. The club needs to get it's marketing and sponsorship operations sorted, basically get the club sustainable. Then the question was asked, can you give details of the consortium you are fronting (he had mentioned the backers a couple of times so far). The main backer is an individual substantial private investor (money made in property), who has been based in this country for some time. He is a private individual, and the name can't be put out there at the moment because of NDA. However, he sees no reason why that won't change once the takeover is finalised, and this person would not have any problem with the FAPPT. The second backers are the New York Hedge Fund. The meeting then went more conversational, with points being made and wider discussion taking place. Points from the floor were that there had been a lack of communication from the club towards fans (Rob said that there is a very wide audience the club could, and should, bring in from the area, and speak to the multinational companies around to get involved in the club). The point was also put over that a lot of fans don't go now as Fratton Park is just too expensive, we need to get families and children into the club again. Then the question was asked, why Pompey? Rob said, there is an opportunity there, if the club is run in the right way there is a lot you can do with it. Brian Ross then contributed, saying that they had sold the club to Rob and the backers, it's a fabulous club with two major developments being part of the attraction, these being Fratton Park and Horsea Island (this shows the direction that this consortium are looking to go, development at Horsea with the land at Fratton being redeveloped into supermarket/business/properties). Rob continued, we need to look at it as a long term project, speak to local authorities, and making sure that things like the stadium pay for themselves. Time is needed to establish the exact situation and take things from there. The club just hasn't been marketed properly and to it's full potential. Rob stated that the investor wants the club first, with the land being secondary. It was stated though (just in case anybody is wondering) that the stadium and land will be all part of the one deal. It was asked whether there was the opportunity for local people at board level. Rob mentioned Lester and Brian next to him and replied that we all need to get on the same level, get good interaction going (so, this looks like it is being looked at). It was stated that it was vital the new owners worked with the Trust, and that was agreed, Rob said he was a great believer that fans should have a percentage of the club if possible (my opinion as well is that all fan groups should be worked with here, not just the Trust). Rob repeated, we need to stablise the club first and then look to see how it can begin generating it's own money and become self sustaining. Rob finished by saying he will be staying and leading the consortium throughout things, even after the takeover. They are very much the lead runner and have got a very good chance of securing the club, he feels the percentage chance is high and there is a lot of work to do in the next fortnight. My overall view, he came over really well and answered questions honestly and realistically. He said it was useless to promise things now, we had to take baby steps and get the club moving forward. Have I got confidence in him? Yes, I do, I liked what I heard and everything he said was very realistic, no unrealistic promises and acknowledging that it would be a long term haul, but the view of what they want to do with the club is one I share. Get it stablised and being able to sustain itself in time. Once the next fortnight is out of the way they'll obviously have a better idea of where things stand, and hopefully things can move quickly. Basically, I definitely think we have reason for hope. These guys seem very realistic and know what is required, and we have Pompey people involved in this deal so, as Rob said, let's be optimistic

Well done Herbie, a true Saint. I hope the club can recognise this fine achievement. Some of Herbies stories on SaintsList about some of the less fortunate who are on his tours bring tears to your eyes and joy to your hearts.

Looks like Lloyd may have told their supporters that his group will have 14 day exclusivity from tomorrow. Will take longer to tie up a deal as they need to study the books but it looks like it is theirs if they wan it. No what the Administrator seems to have reported this morning. The circus goes on http://thepompeychimes.net/forum/viewtopic.php?f=2&t=56299

PES, That slure deserves to get you banned. The winky thing does not save you. I suggest you do your own research rather than listen to some of the rubbish your less intelligent supporters spout. This is the last time I will respond to any of your posts. I hope the forum administrators take you to task. I have not quoted you in the hope you edit your post.

You misunderstand. I am talking Lowe in the Premier years not his second spell without money. Dubai Phil summed it up nicely. Cortese reviews, listens and then makes a decision. Lowe thought he knew best and did not listen. And whilst I am replying to you, why not leave Alpine alone. Your vendetta is becoming boring and I thought you were more intelligent than that. Or am I wrong?

So a Hedge Fund from USA and an Investment Company Old Mutual are not in it for profit!!! My, how do their investors feel about that!! Who has ever heard of a non aggressive Hedge Fund? Or an Investment company not giving their investers returns for their money. This is all about buying cheap, asset stripping (Eh, this is Pompey we are talking about!!!) and selling on And when they realise that they WILL be buying a CCC club with a real threat of a further points deduction and a need of massive restructuring and the money that will take, well it's no contest is it!!!! Dream buy for making money

Most of Mr Cortese's vision seems to be the same Mr Lowe wanted. It is just Cortese has the communication skill and a lot more money behind him. Excellent interview

Good game despite a very poor ref (and it has to be said, his assistant on the Itchen side who seemed to keep his flag down a bit too mutch) Our Manager says Leeds are the best team and one we need to aspire to. Well Mr Pardew, your team made them look poor. Well worth our win. I am a happy bunny tonight.

He is about and regularly reads this thread but even he will not poke his finger into pompey's poo. There are limits you know

If and when PFC get knocked out of FA cup semi will some of the loan players be released back to their clubs to save wages?.

Administrator explains plus Players looking to pay some of the training staff wages. http://www.portsmouth.co.uk/frattonlatest/Administrator-to-probe-Pompey-payments.6147409.jp Jacob slams years of excess and says he never received any salary http://www.portsmouth.co.uk/frattonlatest/Jacob-slams-39years-of-excess39.6147856.jp

Assuming no late injuries I am expecting the same side to start as started the previous few games. Will be a tight one and I think, on recent home form we will just shade it 2-1

My understanding is that if they do not pay their football special creditor debts they will not be able to play in the league. It has not happened before to any club coming out of administration so there is no precedent only the laid down rules of membership

They have to write and apply for it as they are in administration. I suspect FA will insist it be held back for football creditors. How that will lay with the insolvency laws of the land I do not know.

Best realistic case outcome for PFC: -9 and relegation Starting next season with a new owner but most of the "premier players" moving on. Loans and Frees with low value transfers. Stability in a few years. Worse case: No buyer and liquidation at the end of the season. Not sure yet whether HMRC will represent more that 25% and therefore -15 next season

HMRC have accepted chainrai has a legal right to be a secure creditor. Therefore he can put them into Administration and the winding up order is stayed. HMRC now become an unsecure creditor and have to wait in line like all other unsecure creditors. Expect a creditors meeting in about 8 weeks where they will be told by the Administrator the progress he is making in trying to recover some of their losses. Once the Administrator has found a willing buyer he will tell the unsecure creditors what % in the pound they can expect and ask them to agree a Creditors Voluntary Agreement for that %. If HMRC have an interest of more than 25% of the unsecure credtitors amount they will refuse to sign and Pompey will exit without such agreement. As the Football League insist on a CVA to carry on playing in the league PFC will have to ask them to come back without. In the past FL have allocated an additional 15 points penalty

Well done T. Ron.