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Everything posted by Weston Saint
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FF has no need to post. Others on here are doing a good job themselves.
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We all appreciate what ML & NC have and are trying to achieve but some of us are not just going to roll over and have our bellies tickled. Debate is healthy. Comment, whether good or bad is feedback to the club. We are football customers, not sheep. We pay to watch Saints, it is not for free. We are entitled to a myriad of opinion whether good or bad. Nothing wrong with your opening post though...
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Forensic Accountants I used charged me by the hour. As the report was evidence it was prepared by a senior parner but a lot of the investigation work done by less senior people. PWC used to charge me a smoothing rate of £100 per hour about 8 years ago but invariably their report was between £10,000 and £12,500. I fell out with them when they charged me £25,000 for a report. Audit costs are one thing, forensic accountants tend to charge a lot more.
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Agree. My costing are conservative as well. I have been retired from that sort of work for 6 years.
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We have played Norwich twice at home this season and they were games befitting a higher league. If we can play as well as we did in those games for the full 90 minutes it will be a close game but Norwich look like the Champions now. If we beat them on their own ground Pardew will be able to sleep easy for a few weeks. For me, I predict a 2-0 loss but a recovery in fortunes thereafter
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Yes, who do you think you are NickG? Spamming the thread to try to get the count up is not what it is about it my Hammy friend.
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Quite possibly. I took a case to Commercial Court. I had (senior) Junior Counsel very experienced in the type of case. A week before the hearing in London before a very senior Judge we found out the other side had a QC. I was happy with my Counsel but she was uncomfortable and we went with a QC. Hearing was only half a day and he cost me £7,500 for the day's brief as well as her £3,500 to act as his Junior. She had advised our QC against a certain approach, he went at it like a bull at a gate telling the Judge he had made a similar favourable decision previously. He smiled at my QC and said "yes and it is in the Appreal Court at present" We still had the Judgement handed down in our favour. He was able to bully their QC a little whereas the Junior would not have done the same. Good QC now would charge about £10,000 for the Brief and his Junior (same counsel as PFC used before about £5,000 Conference before would cost about £3,000 and would likely include senior partner from Vantis charging about another £1,000. On top of that would be Solicitor representing PFC charging about £400 per hour.
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Some seem to be getting tied up with dates. This was the original order as I understand it. The court ordered PFC to file the SoA by 4pm today, 17th Feb, which they have done. HMRC had until 4pm Friday 19th Feb to consider. Court to hear earliest date after 19th Feb. It just happens the earlier date found was 1st March but that was not incorportaed in the order only first available date after 19th. We may see a state of inertia after 19th until 1st March but you can bet both sets of Lawyers will be working overtime. I expect Pompey will call another conference with Counsel. It would suprise me greatly if they do not now employ a QC to protect their position at the hearing. Their Junior (despite being called in 1993) was up against an experienced QC for HMRC last time and nearly lost the case at that hearing.
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Listening to SSN now and my thoughts are if the report submitted by Vantis to the board at 2pm was showing ongoing solvency why did Portsmouth ask Vantis to factor in other points? Sounds to me that the report is not advantageous. SSN also say that rumour that they will go into Administration now or before 1st March have been denied by the club who say they will fight on. As I said in my post this morning they must have an interested party still and are holding on by their fingertips.......as they have been doing for some time. Anything can happen before 1st March but reading between the lines the game is up. They need to go into Administration before that date or they may find liquidation is suddenly fact and their gambling has destroyed the club beyond recovery.
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The report from Vantis will be unaltered. What PFC will do is add their own qualification or comments if they disagree. It is that part they hope HMRC & High Court will look kindly on, in my opinion. For Example: Vantis report - From the full investigation we have carried out the company is insolvent. Storrie addendum - no it is not.
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I am sure PFC have an interested party looking at the club purchase and may be sounding out the non football creditors to see what can be "got away with" The problem is that time is against the club. SoA day has arrived. That said HMRC have 2 days to digest and the court case is not before 1st March. Storrie and the other Directors will likely leave any decision to the last minute as long as there is still purchase interest. The day we went into Administration the decision was delayed a few hours after suspension of shares on the Stock Market whilst an interested party was given time to prove funds. It did not happen hense the 11am decision. I suspect PFC will take the same decision to delay until the last minute unless the SoA is so damning as to show any further trading is likely to contravene sovency laws This out of control Caravan has longer to run yet, in my opinion.
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Pardew expects Southampton board to keep their word
Weston Saint replied to John B's topic in The Saints
Whatever the outcome of the hearing on 1st March, Pompey were trading (maybe insolvent, but trading) so no illegal team put out against us. Birmingham will get a bye. We do not need the FA cup anyway. It is an unwanted distraction at present. -
Would you sign Papa Waigo N'Diaye on a permanent basis?
Weston Saint replied to Colinjb's topic in The Saints
Why do you say he was not one of Pardew's signings Gordon!!! -
So was he. He swapped with O'Hara but they go back a bit and are good friends.
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Yes, they could be responsible for the debt personally and they would almost certainly be debarred from being Directors for a long period.
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No you clearly do not understand. The football debt is not preferred. It will be the new owners who buy the club and bring it out of Administration have to pay that part to get the ok to register with FA/PL.
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Perhaps he is looking at the books
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Seasborne is a natural left footer so brings balance to the side and cover when Harding breaks forward. He can also pass. For that reason I think he will get the shout ahead of Jaidi who, as you say, has done nothing really wrong in the last 2 matches Tough choice
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Yep that is my expectation as well. Spoke to someone on Thursday and asked if Connolly had major injury issues. He says, as we know, his groins are shot away. He was not training at that time so I think we can count him out for the present
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Pardew expects Southampton board to keep their word
Weston Saint replied to John B's topic in The Saints
No further comment from me on your post. Private Message sent. -
Pardew expects Southampton board to keep their word
Weston Saint replied to John B's topic in The Saints
I have no axe to grind. I was born in Southampton in 1952, lived here all my life, have only ever supported Saints. Delighted with our Owner and admire what Cortese has done so far (that does not stop me being critical if I do not agree with some of what he does from time to time) Thought Pardew was an excellent catch at the time but with the good signings he has made I am a little concerned he may not be up to the job but happy to see where we are at the end of the season. As for Lowe, it seems to me it is you who have the fixation, keep mentioning his name when someone disagrees with the way Saints are at times. I was neither a supporter or a hater of Lowe. I could see the decent things he did but he did a lot of damage as well. He was an arrogant, self interested non listener. What does your brother think of the present situation, him being an ex player with close contacts? -
Pardew expects Southampton board to keep their word
Weston Saint replied to John B's topic in The Saints
I agree with you. -
Would you sign Papa Waigo N'Diaye on a permanent basis?
Weston Saint replied to Colinjb's topic in The Saints
French Horns to you then!! -
Would you sign Papa Waigo N'Diaye on a permanent basis?
Weston Saint replied to Colinjb's topic in The Saints
That is because Peter has the strings. -
Pardew expects Southampton board to keep their word
Weston Saint replied to John B's topic in The Saints
Mr Pardew would do well to let his Manager skills on the pitch do his talking for him. To make a comment like he has to the media suggests he is a worried man but we do not know in what context the comment was made. For instance Q If you do not get promoted to the CCC at the end of the season do you expect to be sacked A "When I came here, he said I would be judged after 18 months and I expect to be judged after 18 months," said Pardew. "In the future I think we'll produce some really strong results. 'I'm very confident the guys I've brought in here will do a great job. We need to learn from days like this and next year we can become a real force like Leeds have become." Unless we know the question it is difficult to interpret the reason for the comment That said Cortese is clearly not a patient man. Pardew and the team are going to have to show a big improvement in the rest of our fixtures to give owner, Chairman and fans alike the evidence that we will be a force to much for our Div 1 opponents next season