pedg Posted 5 January, 2010 Share Posted 5 January, 2010 They won't have the b*llocks to do it will they? Those that are on very large wages might not (on the assumption that a lot late is possibly better than less, but on time) but I guess after the 14 day period they must become free agents(?) so some might get a decent signing on fee elsewhere? Link to comment Share on other sites More sharing options...
bridge too far Posted 5 January, 2010 Share Posted 5 January, 2010 Those that are on very large wages might not (on the assumption that a lot late is possibly better than less, but on time) but I guess after the 14 day period they must become free agents(?) so some might get a decent signing on fee elsewhere? Could they sue for breach of contract? Of course, I realise that, were they to win their cases, there wouldn't be the wherewithall to pay them damages. Link to comment Share on other sites More sharing options...
Jimmy_D Posted 5 January, 2010 Share Posted 5 January, 2010 Those that are on very large wages might not (on the assumption that a lot late is possibly better than less, but on time) but I guess after the 14 day period they must become free agents(?) so some might get a decent signing on fee elsewhere? Walking away doesn't mean they lose the wages they're already due. Link to comment Share on other sites More sharing options...
Jimmy Gabriel's Halo Posted 5 January, 2010 Share Posted 5 January, 2010 **NEWSFLASH** From Fred Drainage on Meridian (so it must be true) Pompey have FAILED to pay their players today after all. It won't be long now. Link to comment Share on other sites More sharing options...
Deano6 Posted 5 January, 2010 Share Posted 5 January, 2010 **NEWSFLASH** From Fred Drainage on Meridian (so it must be true) Pompey have FAILED to pay their players today after all. It won't be long now. Yes, payment due tomorrow from all accounts. Link to comment Share on other sites More sharing options...
RonManager Posted 5 January, 2010 Share Posted 5 January, 2010 Yes, payment due tomorrow from all accounts. Oh, so that's where they're getting it from.:mad: Link to comment Share on other sites More sharing options...
saint lard Posted 5 January, 2010 Share Posted 5 January, 2010 (edited) Pt 1,......... http://fansonline.net/portsmouth/article.php?id=1273 Pt 2..... http://fansonline.net/portsmouth/article.php?id=1275 Also rumour has it HMS Collingwood has stopped the academy training at their establishment due to non payment of fees. Don't shoot the messenger. Apologies if already posted. Edited 5 January, 2010 by saint lard Link to comment Share on other sites More sharing options...
Gemmel Posted 5 January, 2010 Share Posted 5 January, 2010 http://fansonline.net/portsmouth/mb/view.php?id=215484 Link to comment Share on other sites More sharing options...
dubai_phil Posted 5 January, 2010 Share Posted 5 January, 2010 Pt 1,......... http://fansonline.net/portsmouth/article.php?id=1273 Pt 2..... http://fansonline.net/portsmouth/article.php?id=1275 Also rumour has it HMS Collingwood has stopped the academy training at their establishment due to non payment of fees. Don't shoot the messenger. Apologies if already posted. lol Sachaboy in http://fansonline.net/portsmouth/article.php?id=1273 So what do you make of the fact the club's problems are being blamed on the 'previous regime'? Look. The people who tried to buy the club were very persistent. They tried to buy it in the summer and I decided not to sell to them because I could not be sure who was behind them and I could not be sure of the source of their money He cannot be very bright then, even Lifelongsaint had a pretty damned good idea who was behind Sultan Bin Trump, and it wasn't the Unit 1 link to SE Asia.... Link to comment Share on other sites More sharing options...
Joesaint Posted 5 January, 2010 Share Posted 5 January, 2010 They can't have O'hara, he has been one of there best players I heard. Link to comment Share on other sites More sharing options...
Chin Strain Posted 5 January, 2010 Share Posted 5 January, 2010 Well yeah but Gaydamak has said he will give the club back the land once he is given what he is owed. The funny thing is that they dispute how much they owe so it's unlikely they will pay him what he wants so they will never be able to expand the ground! Bet he won't 'give' it back....flog it at a premium, maybe! Link to comment Share on other sites More sharing options...
damers Posted 5 January, 2010 Share Posted 5 January, 2010 Anybody else catch the bit at the end of the Guardian article where the "firefighter" states they are the only premier club without a bank facility............now that might explain a few things!!! Link to comment Share on other sites More sharing options...
Chin Strain Posted 5 January, 2010 Share Posted 5 January, 2010 "I'll invest £50m, but I only want £28m back". Isn't there a technical term for that sort of behaviour (allegedly)? lol. Yes....! Link to comment Share on other sites More sharing options...
rpb Posted 5 January, 2010 Share Posted 5 January, 2010 Anybody else catch the bit at the end of the Guardian article where the "firefighter" states they are the only premier club without a bank facility............now that might explain a few things!!! What exactly is a 'bank facility'? I don't understand money. Link to comment Share on other sites More sharing options...
Chin Strain Posted 5 January, 2010 Share Posted 5 January, 2010 What exactly is a 'bank facility'? I don't understand money. Overdraft No big deal....their credit rating probably isn't up to them being offered one. Link to comment Share on other sites More sharing options...
benjii Posted 5 January, 2010 Share Posted 5 January, 2010 What exactly is a 'bank facility'? I don't understand money. Loan, overdraft, revolving credit facility etc... Bit of a pyrrhic victory given that only reason they don't (if that's true) is because Gaydamak as guarantor had to pay off Barclays (and so is now entitled to be indemnified by the club). In any case, they clearly owe a lot to a lot of people and are constantly trying to borrow money to make these payments. The fact that they don't have a bank facility is more indicative that no bank will lend them the money and they're having to look to other, hmm less orthodox, shall we say, sources rather than of their financial health. Link to comment Share on other sites More sharing options...
View From The Top Posted 5 January, 2010 Share Posted 5 January, 2010 Barclays terminated the account when the £2.5mill was paid. That chaps, is a fact! Link to comment Share on other sites More sharing options...
teamsaint Posted 5 January, 2010 Share Posted 5 January, 2010 if they can't even fulfill their wage bill, surely they are insolvent and trading illegally? Link to comment Share on other sites More sharing options...
stevegrant Posted 5 January, 2010 Share Posted 5 January, 2010 Pt 1,......... http://fansonline.net/portsmouth/article.php?id=1273 Pt 2..... http://fansonline.net/portsmouth/article.php?id=1275 I'll be forever suspicious of supposed "big players" going out of their way to put their side of events to prominent fans or fan groups after the bull**** we took from all comers in the last few years. If he wants to help the club, why doesn't he just write off the debt that's owed to him? Simple answer, because he's not actually that bothered. Link to comment Share on other sites More sharing options...
benjii Posted 5 January, 2010 Share Posted 5 January, 2010 if they can't even fulfill their wage bill, surely they are insolvent and trading illegally? They certainly appear to be insolvent. Link to comment Share on other sites More sharing options...
mcjwills Posted 5 January, 2010 Share Posted 5 January, 2010 Loan, overdraft, revolving credit facility etc... Bit of a pyrrhic victory given that only reason they don't (if that's true) is because Gaydamak as guarantor had to pay off Barclays (and so is now entitled to be indemnified by the club). In any case, they clearly owe a lot to a lot of people and are constantly trying to borrow money to make these payments. The fact that they don't have a bank facility is more indicative that no bank will lend them the money and they're having to look to other, hmm less orthodox, shall we say, sources rather than of their financial health. Perhaps the dodgy moneylender/debtcollector guy in coronation street can lend them the cash Link to comment Share on other sites More sharing options...
Fowllyd Posted 5 January, 2010 Share Posted 5 January, 2010 Perhaps the dodgy moneylender/debtcollector guy in coronation street can lend them the cash I think Tony Soprano could be a good person for them to approach for a short-term loan. He may not want to get involved in anything quite so shady though. Link to comment Share on other sites More sharing options...
Thedelldays Posted 5 January, 2010 Share Posted 5 January, 2010 even the royal navy are putting the boot into pompey.. seeing as the blue few simply done have any facilities, they were using HMS Collingwood to train their academy....from what I am hearing, they were told not to return after today until they pay the bill.. massive LOLs Link to comment Share on other sites More sharing options...
CB Fry Posted 5 January, 2010 Share Posted 5 January, 2010 I'll be forever suspicious of supposed "big players" going out of their way to put their side of events to prominent fans or fan groups after the bull**** we took from all comers in the last few years. If he wants to help the club, why doesn't he just write off the debt that's owed to him? Simple answer, because he's not actually that bothered. Bless him, but having seen Colin Farmery's name elsewhere recently as part of the new Pompey Trust, I am pretty sure he is just like our very own Anorakocracy. Name in the papers, doing his bit, getting involved, rounding up bucketeers, blathering on about "we could be like Barcelona" no doubt. Good luck to him, and well done on the "interview", old son. But does Sacha Gaydamak speak to him as an equal, and as a man he is going to give real answers to? Is this a man who really cares? Or just someone to unload a bit of flannel to smokescreen his desire to get his flamin' money back? You decide! Link to comment Share on other sites More sharing options...
Dark Munster Posted 5 January, 2010 Share Posted 5 January, 2010 Which can be translated as... Oh cr@p, so if I keep these shares I'm liable for HOW MUCH? Quick find some idiot I can give them away to. Meanwhile, a point of interest, the UAE (of which Sultan Bin Trump is a Citizen) has no "bankruptcy" laws. So if he should get cleaned out by his venture with Portsmouth, he would have to repay everybody everywhere that he owes money to. Until he pays off his debts he will stay in jail. Meanwhile, wasn't he supposed to have picked up his $80million bonus cheque around the end of October? hmmm wonder why that wasn't forthcoming? I know his semi State firm was in Abu Dhabi but.... http://business.maktoob.com/20090000413578/Corruption_high_in_Dubai_state_firms/Article.htm?utm_campaign=Day-Newsletter&utm_medium=Main-News1&utm_source=Day-Newsletter&utm_content= But does UAE really care about foreign creditors, or a bankruptcy that happens overseas (i.e. in the UK)? If they really do, I guess the ice cream doctor will retire somewhere else. Link to comment Share on other sites More sharing options...
No 2 to Maybush Posted 5 January, 2010 Share Posted 5 January, 2010 All together now....... Made me laugh seeing the "Marcus and PlentyofFish" ad on that site. How apt! Link to comment Share on other sites More sharing options...
FarehamRed Posted 5 January, 2010 Share Posted 5 January, 2010 http://www.youtube.com/watch?v=bT_DZuT8euw This hasn't been linked for a couple of pages....I'd hate for any browsing skate to miss it ;-) Link to comment Share on other sites More sharing options...
St Marco Posted 6 January, 2010 Share Posted 6 January, 2010 On the bbc link http://news.bbc.co.uk/sport1/hi/football/teams/p/portsmouth/8439545.stm They say "The club have now secured a short-term bank loan to pay the players - but they are still completing the necessary paperwork to release the funds" I thought the reason the money was not in there was because of a file not opening at the bank when you tried to pay the money in? Now it is because you are still filling in the paper work before your be given a loan to pay the wages? Seriously as said before the PL are a fecking disgrace to let them chop and change as they see fit. All of our clubs who have been given points deductions should launch a protest as it is a scandal. Link to comment Share on other sites More sharing options...
Eastcowzer Posted 6 January, 2010 Share Posted 6 January, 2010 if they can't even fulfill their wage bill, surely they are insolvent and trading illegally? Your probably quite correct, (in NORMAL business practice, that is) but in the Premier League anything goes, as suits the occasion. The organizing of drinking parties in breweries comes to mind Link to comment Share on other sites More sharing options...
Joey-deacons-left-nut Posted 6 January, 2010 Share Posted 6 January, 2010 So then, what are the odds on the pay not being paid today because "Due to the snow we have not been able to complete the bank transfer in time, we expect to have the funds in their acounts tomorrow,or possibly the next day or day after that.. maybe next week.." Link to comment Share on other sites More sharing options...
Fowllyd Posted 6 January, 2010 Share Posted 6 January, 2010 Apologies if this has already been posted, but here's the Guardian's report of the latest fiasco - it also quotes some of Azougy's blathering. http://www.guardian.co.uk/football/2010/jan/05/portsmouth-player-wages-missed-deadline And, for some extra light relief, how about this, also from today's Guardian - just scroll down to the third article in the column... http://www.guardian.co.uk/sport/2010/jan/06/west-ham-united-straumur-investors Priceless. And it just keeps getting better. Link to comment Share on other sites More sharing options...
sidthesquid Posted 6 January, 2010 Share Posted 6 January, 2010 (edited) Can't remember how to post a link, but more on the Skate City Shambles on here: http://www.timesonline.co.uk/tol/sport/football/premier_league/portsmouth/article6977045.ece Oh, I clearly can remember after all..... Edited 6 January, 2010 by sidthesquid none Link to comment Share on other sites More sharing options...
hutch Posted 6 January, 2010 Share Posted 6 January, 2010 You have to hand it to Storrie. He was spot on. This is definately a new level that I don't believe. But I suspect there are plenty more new levels to come. Link to comment Share on other sites More sharing options...
dubai_phil Posted 6 January, 2010 Share Posted 6 January, 2010 Can't remember how to post a link, but more on the Skate City Shambles on here: http://www.timesonline.co.uk/tol/sport/football/premier_league/portsmouth/article6977045.ece Oh, I clearly can remember after all..... You have to take your hat off to Sultan Bin Trump though. I mean heck, he'd only heard of the skates for the first time 6 months ago, and yet now he is such a die hard committed fan he's willing to give up everything. Wow, if only we'd known that it was morally sound that you could cement such tribal alliegance in such a short time, we coould have spent the Lowe years happily supporting someone less painful. Still it will help Westwood's councelling to know that he needs only wait 6 months after their demise before he can happily change his names and buy an ST in the Northam. Luckily we don't allow bells SBT wants to be seen as a philanthropist. Hahahaha http://www.guardian.co.uk/sport/2010...umur-investors He finally noticed the Hydra Executive portrayed him as an (allegedly) arrogant *@% hahahahahaha I'm Lovin it Link to comment Share on other sites More sharing options...
Foxstone Posted 6 January, 2010 Share Posted 6 January, 2010 Apologies if this has already been posted, but here's the Guardian's report of the latest fiasco - it also quotes some of Azougy's blathering. http://www.guardian.co.uk/football/2010/jan/05/portsmouth-player-wages-missed-deadline And, for some extra light relief, how about this, also from today's Guardian - just scroll down to the third article in the column... http://www.guardian.co.uk/sport/2010/jan/06/west-ham-united-straumur-investors Priceless. And it just keeps getting better. LOLLOLLOL... This guy makes HelpMe Rhonda come across as completely sound of mind ! Link to comment Share on other sites More sharing options...
pedg Posted 6 January, 2010 Share Posted 6 January, 2010 Another newspaper article of interest... Telegraph: Portsmouth's financial crisis: 10 questions about the problems at Fratton Park Link to comment Share on other sites More sharing options...
Under Weststand Posted 6 January, 2010 Share Posted 6 January, 2010 Couple more links here http://www.telegraph.co.uk/sport/football/leagues/premierleague/portsmouth/6937974/Portsmouths-financial-crisis-10-questions-about-the-problems-at-Fratton-Park.html http://www.telegraph.co.uk/sport/football/leagues/premierleague/portsmouth/6938168/Portsmouths-plight-the-downside-of-a-decade-of-excess-in-Premier-League.html http://www.tribalfootball.com/portsmouth-player-morale-breaking-point-554121 So why are the EPL letting this side show continue, its getting more embarrassing as each day continues. Lies, Damned Lies & Pompey statements. They just keep contradicting themselves. Players wages not paid due to a computer file? OH NO IT NOT Players wages not paid due to delay in receiving new short term loan? OH NO ITS NOT Players WILL (or more likely NOT) be paid today because they'd not filled in the correct paper work? fill in reply as applicable later in the day! Surely there are a few people going to be in trouble when this pantomime comes to its inevitable end, as they are at present trading whilst being insolvent? or am I wrong. Link to comment Share on other sites More sharing options...
Fowllyd Posted 6 January, 2010 Share Posted 6 January, 2010 LOLLOLLOL... This guy makes HelpMe Rhonda come across as completely sound of mind ! Yes indeed. In fact, even if you could imagine a combination of Help Me Rhonda, Tommac and LLS you still wouldn't get close! Link to comment Share on other sites More sharing options...
pedg Posted 6 January, 2010 Share Posted 6 January, 2010 (edited) ... Edited 6 January, 2010 by pedg talking more cr*p than usual Link to comment Share on other sites More sharing options...
sidthesquid Posted 6 January, 2010 Share Posted 6 January, 2010 I particularly liked this quote: "The club has shown a complete lack of class," one dressing room insider told the Daily Mail. Though you do wonder where he'd seen some previously down there Link to comment Share on other sites More sharing options...
Under Weststand Posted 6 January, 2010 Share Posted 6 January, 2010 I particularly liked this quote: "The club has shown a complete lack of class," one dressing room insider told the Daily Mail. Though you do wonder where he'd seen some previously down there It was obviously their world class training facilities & there stadium OHhhh! or was it just Unit-1 Link to comment Share on other sites More sharing options...
rallyboy Posted 6 January, 2010 Share Posted 6 January, 2010 as well as the tainted cup win let's remember they bought their way out of the championship with unsustainable wages so anyone who is considering sympathy when they go into freefall should realise they are just returning to their natural position. Wenger has it right, using players you can't afford is cheating. At least we were just run into the ground by idiots! Link to comment Share on other sites More sharing options...
aintforever Posted 6 January, 2010 Share Posted 6 January, 2010 Can't remember how to post a link, but more on the Skate City Shambles on here: http://www.timesonline.co.uk/tol/sport/football/premier_league/portsmouth/article6977045.ece Oh, I clearly can remember after all..... Notice the Premier League have slightly changed their stance... "The Times understands that the League will base its decision on the overall financial health of the club rather than simply whether debts have been paid." Even if they pay their debts off to the other PL clubs they will still have the embargo - the PL basically want shot of pompey, they are dragging their brand through the gutter. Link to comment Share on other sites More sharing options...
Pancake Posted 6 January, 2010 Share Posted 6 January, 2010 I ****ing love this thread so much. Link to comment Share on other sites More sharing options...
Daren W Posted 6 January, 2010 Share Posted 6 January, 2010 On the bbc link http://news.bbc.co.uk/sport1/hi/football/teams/p/portsmouth/8439545.stm They say "The club have now secured a short-term bank loan to pay the players - but they are still completing the necessary paperwork to release the funds" I thought the reason the money was not in there was because of a file not opening at the bank when you tried to pay the money in? Now it is because you are still filling in the paper work before your be given a loan to pay the wages? Seriously as said before the PL are a fecking disgrace to let them chop and change as they see fit. All of our clubs who have been given points deductions should launch a protest as it is a scandal. And this is the my main gripe. Just what do Portsmouth have to do get some sort of penalty? We were jumped on from a great height at the first sight of problems. I honestly believe that it is Pompey's league status that is holding them together right now. For a club to fail to pay its players three times in one season is completely and utterly appalling. To owe money to other clubs, to then default on repayment plans to those clubs and to still be allowed to trade is completely and utterly appalling. To think how clubs like Luton and Bournemouth have tried to play it fair and got clobbered and yet Pompey continue to lie and deceive and no one does a thing.... Shameful.... Link to comment Share on other sites More sharing options...
Thedelldays Posted 6 January, 2010 Share Posted 6 January, 2010 Talksport are dedicating part of the show now to Pompey - footballs northern rock Link to comment Share on other sites More sharing options...
View From The Top Posted 6 January, 2010 Share Posted 6 January, 2010 Not so much waving as drowning. Link to comment Share on other sites More sharing options...
Under Weststand Posted 6 January, 2010 Share Posted 6 January, 2010 http://www.tribalfootball.com/storrie-admits-portsmouth-player-sales-needed-554891 This bit is a real PMSL moment another classic from Storie teller! The new owners have come in almost overnight and to be fair they have put a lot of money in the club. More like put a lot more debt in the club & taken out a lot more loans! EPL want them to survive until the end of the season, & will do all they can to facilitate there demise from the premier league by the ban on player purchase/loans etc. All they're interested in is protecting the brand, but at the moment all there doing is letting Portsmouth FC make themselves & The EPL look increasingly stupid & incompetent! Link to comment Share on other sites More sharing options...
saint lard Posted 6 January, 2010 Share Posted 6 January, 2010 (edited) Mike Parry,Talksport,are just about to have phone in and indepth focus on the plight of PFC and should they be allowed to dissapear or should the PL bail them out,Ala Northern Rock. http://www.talksport.net/mediaplayer/media_player.asp?sListenLive=yes&c=&t=&preroll=on Sorry DD just seen your post. Edited 6 January, 2010 by saint lard Link to comment Share on other sites More sharing options...
EastleighSoulBoy Posted 6 January, 2010 Share Posted 6 January, 2010 You have to take your hat off to Sultan Bin Trump though. I mean heck, he'd only heard of the skates for the first time 6 months ago, and yet now he is such a die hard committed fan he's willing to give up everything. Wow, if only we'd known that it was morally sound that you could cement such tribal alliegance in such a short time, we coould have spent the Lowe years happily supporting someone less painful. Still it will help Westwood's councelling to know that he needs only wait 6 months after their demise before he can happily change his names and buy an ST in the Northam. Luckily we don't allow bells SBT wants to be seen as a philanthropist. Hahahaha http://www.guardian.co.uk/sport/2010...umur-investors He finally noticed the Hydra Executive portrayed him as an (allegedly) arrogant *@% hahahahahaha I'm Lovin it Or bell ends? Link to comment Share on other sites More sharing options...
Recommended Posts