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Pompey Takeover Saga


Fitzhugh Fella

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@ReadingFC: Our women's team take on Pompey tomorrow night in the League Cup, 7:45pm KO at Barlow’s Park, Silchester Road, Tadley, RG26 3PX #readingfc

 

Pompey have a women's team? You learn something new every day...

 

I think it was something that Avram introduced

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How in the bewildering blue fck do they honestly believe THEY'RE being cheated?

 

It's because they believe their own made-up bull**** about the league instructing the referees to give decisions against them.

 

They take being f*ckwits to a new level

 

(or should I say 'to a level you won't believe! :lol: )

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How in the bewildering blue fck do they honestly believe THEY'RE being cheated?

 

No idea...but they do! Mind you we are talking about the most delusional fans known to man. Granted there are some who actually see whats really happening and are honest about it all, but a very large percentage blame everything and everyone apart from whos fault it really is.

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CrossvaderDJ ‏ @CrossvaderDJ

 

Form is temporary, class is permanent. Never a truer word spoken #pompey #smashingscumtopiecessince1898

 

 

 

The funniest thing I have ever read!

 

I prefer: administration is temporary, liquidation is permanent

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Was working with a portsmyth fan today whos an occiasional poster on P**peyonline and apparently posters are being banned left right and centre in a mood of hysteria. Some saints fans have been busted but also a few genuine portsmyth posters lol!

Sounds like a McCarthyite meltdown over there !!!!

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Was working with a portsmyth fan today whos an occiasional poster on P**peyonline and apparently posters are being banned left right and centre in a mood of hysteria. Some saints fans have been busted but also a few genuine portsmyth posters lol!

Sounds like a McCarthyite meltdown over there !!!!

 

Yep. And they still don't have my latest username...

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CrossvaderDJ ‏ @CrossvaderDJ

 

 

@P_Carradus83 #Pompey could go bust 2morrow and we'd still always be the most successful club on the south coast #youllneverwina****ingthing

 

 

Haha this is his reply to me....I tell ya im getting more laughs from this whole situation than I would with a Lee Evans DVD

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CrossvaderDJ ‏ @CrossvaderDJ

 

 

@P_Carradus83 #Pompey could go bust 2morrow and we'd still always be the most successful club on the south coast #youllneverwina****ingthing

 

 

Haha this is his reply to me....I tell ya im getting more laughs from this whole situation than I would with a Lee Evans DVD

Have they ever studied the results section on this:- http://en.wikipedia.org/wiki/South_Coast_derby#Derby_results_in_summary

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Don't have a creative bone in my body - but for some reason felt inspired to do this.....apologies to Rudyard.

 

IF

 

If you can support your team when all about you

Are moaning and blaming it on (The FA/FL/PL/Chainrai/Gady/MadMilan/etc)

If you can keep the faith when all men despise you,

But be ignorant of their reasons why:

If you can whinge and not be tired by whinging,

Or, being lied about, whilst dealing in lies,

Or feeling betrayed by Storrie, who as promised,

Has taken you to a level you would not believe;

 

If you can cheat--- then see yourself as victim;

If you can’t think---so not to hurt your brain,

If you can meet with Triumph and Disaster

And not realize that the latter is what you deserve,

If you can bear to see the lies you've spoken

Analysed by Saintsweb to make you look like fools,

Or watch the things you gave your life to, broken,

And stand idly by with your fellow tools;

 

If you can live in the shadow of the Mighty Saints

And yet ‘Best team in ‘ampshire’ is your claim,

If you won a few honours half a century back

And since failed to develop your tinpot shack,

If you desert your team in its hour of need:

‘Pack the Park’ – hmmm – that went well, indeed

£9.50 a ticket – Best fans in the league?

 

If you can put up with that bell ringing tvvat,

Or sleep with your sister---and think it’s a normal act,

If ‘Pompey til I die’ is your cry

While the rest of the league say ‘ P!ss off, bye, bye’

If you manage to complete an unforgiving season

Yet finish bottom when all is done,

Yours is Portsea and everything that's in it,

And---which is more---you'll be a Skate, my son!

 

it's ten past mignight in Dubai, I'm working, watching a stupid computer move data from A to B and this has cheered me up no end.

 

well done sir, my forelock is duly tugged in your direction....

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Don't have a creative bone in my body - but for some reason felt inspired to do this.....apologies to Rudyard.

 

IF

 

If you can support your team when all about you

Are moaning and blaming it on (The FA/FL/PL/Chainrai/Gady/MadMilan/etc)

If you can keep the faith when all men despise you,

But be ignorant of their reasons why:

If you can whinge and not be tired by whinging,

Or, being lied about, whilst dealing in lies,

Or feeling betrayed by Storrie, who as promised,

Has taken you to a level you would not believe;

 

If you can cheat--- then see yourself as victim;

If you can’t think---so not to hurt your brain,

If you can meet with Triumph and Disaster

And not realize that the latter is what you deserve,

If you can bear to see the lies you've spoken

Analysed by Saintsweb to make you look like fools,

Or watch the things you gave your life to, broken,

And stand idly by with your fellow tools;

 

If you can live in the shadow of the Mighty Saints

And yet ‘Best team in ‘ampshire’ is your claim,

If you won a few honours half a century back

And since failed to develop your tinpot shack,

If you desert your team in its hour of need:

‘Pack the Park’ – hmmm – that went well, indeed

£9.50 a ticket – Best fans in the league?

 

If you can put up with that bell ringing tvvat,

Or sleep with your sister---and think it’s a normal act,

If ‘Pompey til I die’ is your cry

While the rest of the league say ‘ P!ss off, bye, bye’

If you manage to complete an unforgiving season

Yet finish bottom when all is done,

Yours is Portsea and everything that's in it,

And---which is more---you'll be a Skate, my son!

 

Love it. Nice one :-)

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Don't have a creative bone in my body - but for some reason felt inspired to do this.....apologies to Rudyard.

 

IF

 

If you can support your team when all about you

Are moaning and blaming it on (The FA/FL/PL/Chainrai/Gady/MadMilan/etc)

If you can keep the faith when all men despise you,

But be ignorant of their reasons why:

If you can whinge and not be tired by whinging,

Or, being lied about, whilst dealing in lies,

Or feeling betrayed by Storrie, who as promised,

Has taken you to a level you would not believe;

 

If you can cheat--- then see yourself as victim;

If you can’t think---so not to hurt your brain,

If you can meet with Triumph and Disaster

And not realize that the latter is what you deserve,

If you can bear to see the lies you've spoken

Analysed by Saintsweb to make you look like fools,

Or watch the things you gave your life to, broken,

And stand idly by with your fellow tools;

 

If you can live in the shadow of the Mighty Saints

And yet ‘Best team in ‘ampshire’ is your claim,

If you won a few honours half a century back

And since failed to develop your tinpot shack,

If you desert your team in its hour of need:

‘Pack the Park’ – hmmm – that went well, indeed

£9.50 a ticket – Best fans in the league?

 

If you can put up with that bell ringing tvvat,

Or sleep with your sister---and think it’s a normal act,

If ‘Pompey til I die’ is your cry

While the rest of the league say ‘ P!ss off, bye, bye’

If you manage to complete an unforgiving season

Yet finish bottom when all is done,

Yours is Portsea and everything that's in it,

And---which is more---you'll be a Skate, my son!

 

Excellent!!!

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Don't have a creative bone in my body - but for some reason felt inspired to do this.....apologies to Rudyard.

 

IF

 

If you can support your team when all about you

Are moaning and blaming it on (The FA/FL/PL/Chainrai/Gady/MadMilan/etc)

If you can keep the faith when all men despise you,

But be ignorant of their reasons why:

If you can whinge and not be tired by whinging,

Or, being lied about, whilst dealing in lies,

Or feeling betrayed by Storrie, who as promised,

Has taken you to a level you would not believe;

 

If you can cheat--- then see yourself as victim;

If you can’t think---so not to hurt your brain,

If you can meet with Triumph and Disaster

And not realize that the latter is what you deserve,

If you can bear to see the lies you've spoken

Analysed by Saintsweb to make you look like fools,

Or watch the things you gave your life to, broken,

And stand idly by with your fellow tools;

 

If you can live in the shadow of the Mighty Saints

And yet ‘Best team in ‘ampshire’ is your claim,

If you won a few honours half a century back

And since failed to develop your tinpot shack,

If you desert your team in its hour of need:

‘Pack the Park’ – hmmm – that went well, indeed

£9.50 a ticket – Best fans in the league?

 

If you can put up with that bell ringing tvvat,

Or sleep with your sister---and think it’s a normal act,

If ‘Pompey til I die’ is your cry

While the rest of the league say ‘ P!ss off, bye, bye’

If you manage to complete an unforgiving season

Yet finish bottom when all is done,

Yours is Portsea and everything that's in it,

And---which is more---you'll be a Skate, my son!

 

If the Portsmouth Takeover Saga book ever gets written, this should be the prologue at the start. Absolutely perfect!

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it's ten past mignight in Dubai, I'm working, watching a stupid computer move data from A to B and this has cheered me up no end.

 

well done sir, my forelock is duly tugged in your direction....

 

Sounds like a trip to Ravi's & the Seaview is needed. FFS say yes otherwise I have to go to that cookery love in (Taste of Dubai) at the weekend

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Sounds like a trip to Ravi's & the Seaview is needed. FFS say yes otherwise I have to go to that cookery love in (Taste of Dubai) at the weekend

 

As usual Phil, I don't have the first idea what the feck you're on about.

 

Are you on drugs?

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Matty C

Tuesday, March 13, 2012 at 08:02 PM

In fact, our average from 1960 to 2004 is a joke compared to theirs. I don't care if they're a bigger club with a more loyal fan base that has always attracted a better average than us, they're Stains and always will be. PUP PTID

 

At last, they have finally seen the light!!!!!

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Matty C

Tuesday, March 13, 2012 at 08:02 PM

In fact, our average from 1960 to 2004 is a joke compared to theirs. I don't care if they're a bigger club with a more loyal fan base that has always attracted a better average than us, they're Stains and always will be. PUP PTID

 

At last, they have finally seen the light!!!!!

 

It's like watching the machines get smarter and start to take over in the Terminator. Where has this intelligence suddenly come from?

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Matty C

Tuesday, March 13, 2012 at 08:02 PM

In fact, our average from 1960 to 2004 is a joke compared to theirs. I don't care if they're a bigger club with a more loyal fan base that has always attracted a better average than us, they're Stains and always will be. PUP PTID

 

At last, they have finally seen the light!!!!!

 

Must be one of us...or hacked account!

 

To quote the Reading fans P*mpey till July...:D

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This truly is a great read,i've been in London for two days and couldn't wait to come home and catch up (i think Rudyard would have been impressed by the way)

 

I feel like i need to compile some sort of poem myself,to give something back for all the chuckles.

 

God bless HMRC.

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This truly is a great read,i've been in London for two days and couldn't wait to come home and catch up (i think Rudyard would have been impressed by the way)

 

I feel like i need to compile some sort of poem myself,to give something back for all the chuckles.

 

God bless HMRC.

 

That poem is awful.

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http://www.portsmouth.co.uk/sport/pompey/pompey-past/football-fans-urged-to-give-blues-backing-1-3620695

 

 

Pompey are hoping rival fans from across the country will turn up at Fratton Park this weekend to show their solidarity.

 

lol

 

I hope they are re-employing lots of staff to handle the last minute rush as these fans from across the country don't appear to have bought their tickets in advance!

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This is what they were up against to win their award (2 teams from each div)

Cardiff (won it last year - clubs don't win 2 years running), Dag & Red, Udders (won L1), Swindon (won L2) & Tranmere.

http://www.football-league.co.uk/flawards/news/20120309/shortlist-in-focus-tokio-marine-family-club-of-the-year_2293338_2642290

They won it because of :-

"family specific ticket offers" - but some would say that reduces their match day income.

"1st time fan guide" - but their attendances have gone down this year

"some kids sleeping on the pitch" - most other clubs employ security guards overnight.

 

If you want a LAUGH try viewing the video http://www.football-league.co.uk/flawards/news/20120311/portsmouth-is-tokio-marine-family-club-of-the-year_2293338_2645056

  • 9 kids in the Stands !?
  • Liam saying we are all in this together etc - just before he leaves.
  • the disallowed "goal" against Leeds from the throw - well they didn't have much choice with their managers tactics.
  • the lady saying "you can teach anything through football ... including maths" - but of course not how the balance the books at a football club.
  • the video freezes after 2:35 just as the lady is about to give her speech - perhaps the FL don't what it to be known why they gave her the award or did they just run out of money.

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When Plymouth Argyle faced extinction last year, a Fans Reunited day was organised where fans of all teams were encouraged to attend Home Park wearing their clubs’ colours.

 

Do you think that we would be welcomed wearing Saints colours???

 

For some reason I have sympathy for Argyle. Not sure what the route cause of their problems were, but think that maybe it was building a new stadium and then not being able to pay for it, especially with the failed World Cup bid. Somewhat different situation and reaction to it, than them down the road. Peter Reid went up in my estimation as well, as he apparently paid some of the bills out of his own pocket. I think it was the electricity bill. He also flogged his runner's up FA Cup medal to pay the staff - and then he gets the sack (nice one Ridsdale!)!!

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http://www.portsmouth.co.uk/sport/pompey/pompey-past/pompey-for-a-pound-is-a-perfect-present-from-schoolgirl-shay-1-3620948

 

Tickets down to a pound.... Roll up roll up.

 

I wonder whether pompey will feel cheated if oother fasn dont turn up, or may be they will find an email from the chairman of fans united urging memembers not to go.

 

Anyway, would fans of other clubs, who have been knocked out of cup competitions, lost league games, suffered relegation or whatever at the hands of a club who have run up debts of 180 in less than 4 years, not paid a penny back to unsecured creditors, refused to sell their players to pay tax bills etc etc, please come and support plucky old pompey on Saturday...............................you couldn't make it up.

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Don't have a creative bone in my body - but for some reason felt inspired to do this.....apologies to Rudyard.

 

IF

 

If you can support your team when all about you

Are moaning and blaming it on (The FA/FL/PL/Chainrai/Gady/MadMilan/etc)

If you can keep the faith when all men despise you,

But be ignorant of their reasons why:

If you can whinge and not be tired by whinging,

Or, being lied about, whilst dealing in lies,

Or feeling betrayed by Storrie, who as promised,

Has taken you to a level you would not believe;

 

If you can cheat--- then see yourself as victim;

If you can’t think---so not to hurt your brain,

If you can meet with Triumph and Disaster

And not realize that the latter is what you deserve,

If you can bear to see the lies you've spoken

Analysed by Saintsweb to make you look like fools,

Or watch the things you gave your life to, broken,

And stand idly by with your fellow tools;

 

If you can live in the shadow of the Mighty Saints

And yet ‘Best team in ‘ampshire’ is your claim,

If you won a few honours half a century back

And since failed to develop your tinpot shack,

If you desert your team in its hour of need:

‘Pack the Park’ – hmmm – that went well, indeed

£9.50 a ticket – Best fans in the league?

 

If you can put up with that bell ringing tvvat,

Or sleep with your sister---and think it’s a normal act,

If ‘Pompey til I die’ is your cry

While the rest of the league say ‘ P!ss off, bye, bye’

If you manage to complete an unforgiving season

Yet finish bottom when all is done,

Yours is Portsea and everything that's in it,

And---which is more---you'll be a Skate, my son!

 

Take a bow sir you have summed this whole sorry saga up beautifully in this one short poem!

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@pn_neil_allen: Excellent and must-read Chainrai article by @blueballoo2000 for all #Pompey fans. http://t.co/I1z1FzRv

 

What is Pompey's biggest problem? The prospect of relegation to League One? No at all. Quite simply it is Portpin and their claimed £17m debt.

 

Fans keep on saying that someone ought to strike a deal with Balram Chainrai to repay his debt over a long period, as Antonov and CSI agreed to do. No businessman with any sense is going to do this though. Here is why:

 

By their own admission, Portpin invested money in Pompey hoping for a quick profit. The money disappeared. Where it went, either into the black hole of debt, whether it was siphoned back out as described in this Telegraph story here is irrelevant. It went. Money gone. Finito. No profit. No return on investment. Money lost. The business was owed money but that money was earmarked for other creditors, ie the football creditors we have literally just finished paying.

 

So Messrs Chainrai and Kushnir cannot get their money BACK. It's gone. Lost. Finished. Kaput. Like a South American Trade Unionist – disappeared.

 

A section of fans have continued to swallow this propaganda, saying “They just want their money back. They are entitled to it” No. They aren't. They made a really bad business decision, and they lost their money.

 

What is Pompey worth right now? There is a Government's guide to valuing a business. Here it is. By any sensible measure, Pompey is worth nothing. It is bankrupt. It is loss-making, with a major loss to come next year. Previously, a CVA was agreed and costed at approx £16m. That will have to come down to a maximum of £2m. There are renewed football debts of £4m which take priority over everything. There is £2m in secured debt to be paid to Sacha Gaydamak. There is no money for anyone in Pompey. In fact, it needs people to put money into it just to keep it alive. Therefore, it is worth nothing.

 

Mr Chainrai has had two goes already at owning and selling Pompey, once placing it into administration and having a major say in it going into administration most recently. If he hasn't managed to “get a penny back” yet, how on earth does he think he is going to get it now that it is slipping into Division 3 (in the old money) and utterly bankrupt?

Let me spell this out for anyone struggling with this: You can seek it here, you can seek it there, but Portpin's £17m ISN'T THERE. It is not in the business. It hasn't returned from wherever it went in 2009. It isn't sitting in a cupboard. There are no assets to justify it. There are no revenues to justify it. There is not one single shred of business rationale to believe that there is one penny left for Portpin. If you don't believe me, read again the guide mentioned above here and do your own calculation of how buying Pompey stacks up against the criteria.

 

Which only leaves the plan suggested by some – that someone buy the business and repay Portpin once it becomes successful. This is the most ludicrous suggestion of all and anyone who agreed to it would be, in that famous Pompey phrase, “a din”. (Of course, someone recently did do that deal and quel surprise, their business disappeared within six months).

 

In order for there to be £17m of value in Pompey you would need to take the club back to the Premier League, be scheduled to make a profit and have secured planning permission and development partners for a new stadium. To get there is going to be tough and require many years of really clever business brains and financial muscle. So why on earth would anyone bother to do it just for the privilege of handing over it to Balram Chainrai and Levi Kushnir? Why work your nuts off and risk a pile of cash only to hand over the vast bulk of your proceeds to someone who has done precisely nothing to earn it?

 

Portpin has no money in Portsmouth FC. They recklessly gambled that money by putting it into a bankrupt football club run by people they continue to claim to know very little about. They lost that money. It's gone. Chainrai can wave all the bits of secured loan paperwork at anyone he wants, but unless one of them is the 'bad bets/secured debt' fairy then he is wasting his time and ours.

 

Had Portpin's secured loan not been hanging round Pompey's neck like an enormous albatross for the last two years, there is every chance we would have been bought by someone credible who wanted to make a go of things. As it is, we are stuck in the 'incredible' end of the buyers market, looking for someone who will agree to pay £17m for a business that is worth the same as the Norwegian Blue Parrot Michael Palin sold to John Cleese.

 

Until someone has the guts to hand Portpin back their betting slip and tell them they have lost and could they now vacate the premises, Pompey have no future. If the only way to get the message across is liquidation then so be it, because relegation to League 1 won't bring stability. It will take time, money, infrastructure development and back breaking effort to get us back on the upward curve as a sustainable business. No-one who CAN do it WILL do it for the future profit of someone else. If Portpin once again emerge as Pompey owners we simply extend the cycle of relegation/administration for a few more years while they cross their fingers and hope, like Mr Micawber, for something to turn up.

 

The one thing destabilising Pompey, the one major barrier to the club's future is Portpin's fairytale dream of recouping their money. It's time Trevor Birch slapped their faces and got their attention

 

Take note Football League...

 

"Previously, a CVA was agreed and costed at approx £16m. That will have to come down to a maximum of £2m"

 

....Everyone from Birch to the fans are saying that the original CVA isn't gonna be honoured.....more points deduction please....

Edited by trousers
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@pn_neil_allen: Excellent and must-read Chainrai article by @blueballoo2000 for all #Pompey fans. http://t.co/I1z1FzRv

 

I assume the author of that article would be quite happy to get a mortgage against his caravan, spend all the money then turn to the lender and say 'sorry you made a bad decision, nothing for you'? Completely illogical reasoning.

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Am I right in thinking if Pompey go down to league one (and avoid liquidation) without the 10 point deduction then they would start on -10 as we did?

 

With all the rats leaving the sinking ship this is looking ever more likely

 

Unfortunately not I believe, unless the FL change their rules again. They went into admin before the deadline date so the points only come off this season. However there are other things, such as failing to pay the CVA, that might also result in a points penalty and its possible those might be applied next season if they still exist at that point.

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Anyway, would fans of other clubs, who have been knocked out of cup competitions, lost league games, suffered relegation or whatever at the hands of a club who have run up debts of 180 in less than 4 years, not paid a penny back to unsecured creditors, refused to sell their players to pay tax bills etc etc, please come and support plucky old pompey on Saturday...............................you couldn't make it up.
#

 

Think you'll find it wa Plymouth fans who started the idea for this one for us.

 

As for "run up debts of £180m in four years" could you explain how? Or have you just taken the FFP article at face value and not bothered to actually do any sums around it?

 

Saints Web poster in reading something with no basis and repeating it ad nauseum on here until the other posters accept it's an actual fact shock

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Am I right in thinking if Pompey go down to league one (and avoid liquidation) without the 10 point deduction then they would start on -10 as we did?

 

With all the rats leaving the sinking ship this is looking ever more likely

 

The simple answer is 'no' you aren't right in thinking that!

 

The long answer is :

 

In our case, we went into admin after the cut off date - 3rd week in March? - and if we had survived relegation we would have had the points deduction applied that season. As we didn't survive we had the points deducted the following season.

 

The only way Pompey can get points deducted next season is if they receive some for 'financial irregularities' or if the CVA fails - since that has another 4 years to be paid off, I guess they won't be getting any more!

 

However, the likelihood of them surviving into next season without a buyer is nil. The likelihood of them getting a buyer is pretty close to nil, so I guess a points deduction next season is irrelevant!

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http://www.portsmouth.co.uk/sport/pompey/pompey-past/pompey-for-a-pound-is-a-perfect-present-from-schoolgirl-shay-1-3620948

 

Tickets down to a pound.... Roll up roll up.

 

I wonder whether pompey will feel cheated if oother fasn dont turn up, or may be they will find an email from the chairman of fans united urging memembers not to go.

 

Anyway, would fans of other clubs, who have been knocked out of cup competitions, lost league games, suffered relegation or whatever at the hands of a club who have run up debts of 180 in less than 4 years, not paid a penny back to unsecured creditors, refused to sell their players to pay tax bills etc etc, please come and support plucky old pompey on Saturday...............................you couldn't make it up.

 

"So far 600 tickets have been sold

 

Bob Beech, of SOS Pompey, said he was behind the club’s Mother’s Day initiative. ‘Fans need to get out there, support the team and hope for the best,’ he said.

 

‘I keep hearing from various fans that they are the best in the world at getting behind the team under the circumstances. It’s time for them to prove it. It’s us against the world.’"

 

 

 

 

"Best in the world"

 

Deluded freaks.

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#

 

Think you'll find it wa Plymouth fans who started the idea for this one for us.

 

As for "run up debts of £180m in four years" could you explain how? Or have you just taken the FFP article at face value and not bothered to actually do any sums around it?

 

Saints Web poster in reading something with no basis and repeating it ad nauseum on here until the other posters accept it's an actual fact shock

 

Errrrrr......

 

Your last debt total was valued at £120m - you remember, the debts that caused the CVA that you've never paid a penny towards....

 

Your current debts - according to your current administrator - are around £50m, not sure if he's including the CVA debt as well?

 

You also owe CSI £10m, but doubt you'll ever pay that.

 

£120m + £50m + £10m = £180m - feel free to get your Barbie calculator out to check the arithmetic.

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This is what they were up against to win their award (2 teams from each div)

Cardiff (won it last year - clubs don't win 2 years running), Dag & Red, Udders (won L1), Swindon (won L2) & Tranmere.

http://www.football-league.co.uk/flawards/news/20120309/shortlist-in-focus-tokio-marine-family-club-of-the-year_2293338_2642290

They won it because of :-

"family specific ticket offers" - but some would say that reduces their match day income.

"1st time fan guide" - but their attendances have gone down this year

"some kids sleeping on the pitch" - most other clubs employ security guards overnight.

 

If you want a LAUGH try viewing the video http://www.football-league.co.uk/flawards/news/20120311/portsmouth-is-tokio-marine-family-club-of-the-year_2293338_2645056

  • 9 kids in the Stands !?
  • Liam saying we are all in this together etc - just before he leaves.
  • the disallowed "goal" against Leeds from the throw - well they didn't have much choice with their managers tactics.
  • the lady saying "you can teach anything through football ... including maths" - but of course not how the balance the books at a football club.
  • the video freezes after 2:35 just as the lady is about to give her speech - perhaps the FL don't what it to be known why they gave her the award or did they just run out of money.

 

Looking at that video (*chortle*)....how many Apple Macs have they got at Fratton Park FFS? No wonder they've gone bust....

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As for "run up debts of £180m in four years" could you explain how? Or have you just taken the FFP article at face value and not bothered to actually do any sums around it?

Approx £130m from the first administration (although of course we all suspect it wasn't anywhere near that amount but that AA massaged the figures to ensure HMRC weren't able to block the CVA), and then £50m this time. Approx £16m should be deducted from the £180m as that is legacy debt left over from the first administration.

 

Just the £164m then, which of course is fine :thumbup:

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"So far 600 tickets have been sold

 

Bob Beech, of SOS Pompey, said he was behind the club’s Mother’s Day initiative. ‘Fans need to get out there, support the team and hope for the best,’ he said.

 

‘I keep hearing from various fans that they are the best in the world at getting behind the team under the circumstances. It’s time for them to prove it. It’s us against the world.’"

 

"Best in the world"

 

Deluded freaks.

 

More...............

 

By Miles O’Leary

Published on Wednesday 14 March 2012 09:01

 

WHEN schoolgirl Shay Adams found out that cheap Pompey tickets were going on sale at her school, she knew they would make the perfect Mother’s Day gift.

 

And the 10-year-old snapped up a pair so her and mum Maurica Richards could go and watch Pompey play Bristol City at Fratton Park on Saturday.

 

And the generous idea is all thanks to Pompey and its Supporters’ Trust, which handed out tickets costing £1 each to schools so families could pack the park the day before Mother’s Day.

 

Loving Agent Seedhouse's post........

 

2

Seedhouse rides again

Wednesday, March 14, 2012 at 09:26 AM

 

I thought from the headline she'd bought her mum the club! Did sound expensive though.

Edited by Gingeletiss
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#

 

Think you'll find it wa Plymouth fans who started the idea for this one for us.

 

As for "run up debts of £180m in four years" could you explain how? Or have you just taken the FFP article at face value and not bothered to actually do any sums around it?

 

Saints Web poster in reading something with no basis and repeating it ad nauseum on here until the other posters accept it's an actual fact shock

 

Lol........clutching at straws now toyman. You'll have plenty of time to keep doing the sums in your new (20 million lmfao) Tescos, in a few years. You can even invite your mate for a coffee in the Fratton cafe, you know, the one you see socially every couple of weeks who's itk!!!

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As for "run up debts of £180m in four years" could you explain how?

 

Errrrrr......

 

Your last debt total was valued at £120m - you remember, the debts that caused the CVA that you've never paid a penny towards....

 

Your current debts - according to your current administrator - are around £50m, not sure if he's including the CVA debt as well?

 

You also owe CSI £10m, but doubt you'll ever pay that.

 

£120m + £50m + £10m = £180m - feel free to get your Barbie calculator out to check the arithmetic.

 

Barbie.jpg

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hello Dragons, my name is John Westwood and my business is Pack the Park Limited - I'm after an initial £180M for 1.75% of an unspecified 'small' part of the business, less expenses.

 

I also need about 5,000 people who I've previously abused to make the effort to come all the way to my business and pay money to get abused again - bring the family.

Though visitors in other shirts may get spat at.

 

In return for money they will get to visit the living museum of football, the theme is the late 50s, and inbreeding - and the extra exhibit is toilets through the ages, this week it's the 17th century.

For children we have face tattooing, badger-baiting, lucky heather classes, and many themed games and rides.

 

Adjacent to the arena you can see where Mandaric knocked a shed down and promised a new ground, and you can check out the CSI mob burial grounds.

Kids can try to survive the child-maiming maze, play find the arab or buy an ice cream off a fat man in a small shirt - all against the backdrop of our famous hot and cold running fat display - and with no clock, the fun lasts all day!

 

Visitors will also get to see highly paid players underperforming, and you can clap David James and thank him for taking all those lovely wages that have helped the club so much.

Appy the clown will be on hand to offer a Fortress Fratton rallying cry, even though you can see in his eyes that he's dead inside and has given up.

 

There will be guided tours of the cave paintings that give precise details of the mythical dock strike, and the sacred document, the famous leaked email that tells refs to be naughty to pompey, will also be displayed for the first time.

 

The business has been established for two years now and has been an unmitigated disaster, and when I say I can offer 1.75%, I'm not sure how much of it I can actually sell as ownership is a bit vague, and it's landlocked, though it might have an underwater casino and leather shop soon.

 

Our projections for the next eight weeks show that we might manage to complete that time frame, though we don't really do accounts in the traditional sense so please don't ask me about turnover or assets.

 

If you give me £180M I would use it to create a pioneering sustainable business model that would set the benchmark for solving football's financial issues, I'd restructure the debt and create a new style of club that would embrace community spirit and be an asset to local businesses and a source of pride for the city.

 

No, only joking, I'd spunk the lot on more players and ridiculous wages!

 

Thank you for listening, any questions?.....

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