Thedelldays Posted 18 May, 2012 Share Posted 18 May, 2012 but has the better pitches' date=' is in portsmouth and next to Gunwharf[/quote'] better pitches....um, not really Link to comment Share on other sites More sharing options...
70's Mike Posted 18 May, 2012 Share Posted 18 May, 2012 better pitches....um, not really over the last few years the quality of pitches at Temeraire has improved dramatically whereas Collingwoods, whilst there may be more space, have not, most of the football at Collingwood these days is played on the floodlit area in the main base Link to comment Share on other sites More sharing options...
Thedelldays Posted 18 May, 2012 Share Posted 18 May, 2012 over the last few years the quality of pitches at Temeraire has improved dramatically whereas Collingwoods' date=' whilst there may be more space, have not, most of the football at Collingwood these days is played on the floodlit area in the main base[/quote'] you do realise that pompey do not actually use the grounds of the main base at collingwood..? pitches that is Link to comment Share on other sites More sharing options...
Kingsland Red Posted 18 May, 2012 Share Posted 18 May, 2012 Nice to see Marlon Pack - PFA team of the year member and 3rd in League Two player of the year poll - score an absolute wonder goal for Cheltenham last night. Could be on his way back to Fratton next season along with other ex skates. How I bet they wish they hadn't thrown out these great youth prospects now. Ritchie at Swindon too, had a great season. Link to comment Share on other sites More sharing options...
kwsaint Posted 18 May, 2012 Share Posted 18 May, 2012 Our 'friends' down the road are expecting that nice Mr Chanrai to pitch in at any moment. He does not expect to get his money back if they are liquidated, so will step in so that he gets the parachute payments, while increasing the overall debt. Once the parachute payments stop he will then walk away again, and it really will be the end. My view is that it would be better if they started completely again now, and got the crooks out of the club. We might have a bit more respect for them if they did that and it was run as a proper club, and worked their way back up through the divisions. Link to comment Share on other sites More sharing options...
Thedelldays Posted 18 May, 2012 Share Posted 18 May, 2012 what are the chances they do a Plymouth..and go down AGAIN..? Link to comment Share on other sites More sharing options...
S-Clarke Posted 18 May, 2012 Share Posted 18 May, 2012 what are the chances they do a Plymouth..and go down AGAIN..? I hope so....they'll struggle to do well as L1 isn't a bad league tbh, there are some decent teams down there who can cause problems....so unless they seriously strengthen then they're ****ed. Look at how PNE found it for example....and they kept most of their championship players! Link to comment Share on other sites More sharing options...
Gemmel Posted 18 May, 2012 Share Posted 18 May, 2012 what are the chances they do a Plymouth..and go down AGAIN..? I think there is every chance. It might depend on how many points they get deducted, but chinny isn't coming back to build a great squad, so the large majority of players will be unknowns. Link to comment Share on other sites More sharing options...
holepuncture Posted 18 May, 2012 Share Posted 18 May, 2012 http://www.stevenagefc.com/page/LatestNewsDetail/0,,10839~2774573,00.html Nothing sums up the Skates' demise better than having an article by Stevenage about their new next season's rivals. Provided that they manage to even survive that long to play in the third division. Absolutely, and right now the skates are plotting to make Chainrai fail the F&PPT... Not realising that he is the only way they can start League One on -10/15/17/20 points... Without him they liquidate and start again at Moneyfields in the Wessex... See this is the problem pompey, you get into bed with gun-running syndicates and viscous loan sharks, they will want something in return... You don’t just walk away from these people, its not allowed, its not how it works... You try and screw these types over (Chinny F&PPT), and they will destroy you... In the words of Truckasarus, God bless Balram Chainrai Link to comment Share on other sites More sharing options...
Truckasaurus Posted 18 May, 2012 Share Posted 18 May, 2012 Has chinny bought 'em yet? Thought it was today? I still think he would be a fool to buy them with that wage bill every week Mahoooosive wage bill, Div 3,smaller attendances. God bless HMRC. Link to comment Share on other sites More sharing options...
rallyboy Posted 18 May, 2012 Share Posted 18 May, 2012 that photo of the director's box looks like the ugliest boy band in history - or have ALL of the Spice Girls flown to Lesbos this year? I can see Sharky Spice, Pervy Spice and Embezzler Spice - where is the cheeky buxom Spice Cream Vendor in his little skimpy top.....and no reunion would be the same without Arms Dealing Spice. Get up and dance kids - if I haven't blown your fricking legs off. What a bunch. Who would have thought it could go wrong? Link to comment Share on other sites More sharing options...
Lifelongsaint83 Posted 18 May, 2012 Share Posted 18 May, 2012 http://www.pkf.co.uk/pkf/news/football_industry/balram_chainrai_makes_an_offer_for_portsmouth_football_club&goto=2&Category=News%20%5E%20views&Subcategory=Press%20releases Link to comment Share on other sites More sharing options...
Rational Rich Posted 18 May, 2012 Share Posted 18 May, 2012 According to Tony Husband on Twitter, Chanrai has made an offer including a CVA...... Link to comment Share on other sites More sharing options...
Matthew Le God Posted 18 May, 2012 Share Posted 18 May, 2012 http://www.pkf.co.uk/pkf/news/football_industry/balram_chainrai_makes_an_offer_for_portsmouth_football_club&goto=2&Category=News%20%5E%20views&Subcategory=Press%20releases Unless he offers 100p in the £ then it is diluting the 2010 CVA with a 2012 CVA and a huge points penalty is surely on its way from the Football League in League One. Link to comment Share on other sites More sharing options...
stev2001 Posted 18 May, 2012 Share Posted 18 May, 2012 According to Tony Husband on Twitter, Chanrai has made an offer including a CVA...... Yep just announced it on SSN Link to comment Share on other sites More sharing options...
Ohio Saint Posted 18 May, 2012 Share Posted 18 May, 2012 "PKF has not received bids from any other potential buyers and we do not expect any new bidders to emerge before the club runs out of money." Link to comment Share on other sites More sharing options...
stev2001 Posted 18 May, 2012 Share Posted 18 May, 2012 Unless he offers 100p in the £ then it is diluting the 2010 CVA with a 2012 CVA and a huge points penalty is surely on its way from the Football League in League One. This will happen and the 2010 CVA will be diluted. The only question remains is what will the FL do about it. Link to comment Share on other sites More sharing options...
Ohio Saint Posted 18 May, 2012 Share Posted 18 May, 2012 This will happen and the 2010 CVA will be diluted. The only question remains is what will the FL do about it. My guess is buggar all. They won't want to be the people to get them liquidated, and that is the power they now have. They will let it go ahead due to lack of testicular fortitude. Link to comment Share on other sites More sharing options...
fanimal Posted 18 May, 2012 Share Posted 18 May, 2012 Bring on the FAPPT now then! What a farce aka F#cking Arse! Link to comment Share on other sites More sharing options...
Frank's cousin Posted 18 May, 2012 Share Posted 18 May, 2012 My guess is buggar all. They won't want to be the people to get them liquidated, and that is the power they now have. They will let it go ahead due to lack of testicular fortitude. I admire your lexiographic intellect here. Sadly I suspect that you will indeed be proven correct. Will be interesting to see the terms of the CVA and if Birch is as willing as Chinnys Monkey AA in letting it be deferred for so long that he is off with the parachute cash before they begin paying it.... Link to comment Share on other sites More sharing options...
stev2001 Posted 18 May, 2012 Share Posted 18 May, 2012 My guess is buggar all. They won't want to be the people to get them liquidated, and that is the power they now have. They will let it go ahead due to lack of testicular fortitude. I just hope if they do get their debts diluted further they are hit with a 15+ points deduction. This should at least make sure they stay in L1 long enough for all possible PPs to be used up. What will probably happen though is they will get their debt reduced, chinny will give them enough funds to blow the other L1 teams away with their spending, gaining them promotion. Chinny will then try to sell a club on the rise and the supporters will be saying how great they are beating all the odds to bounce straight back with one eye back on the Prem. Link to comment Share on other sites More sharing options...
Lifelongsaint83 Posted 18 May, 2012 Share Posted 18 May, 2012 Just you wait, if this happens and they escape a points deduction the Pompey fans are going to be on a whole new level of deluded smugness! Link to comment Share on other sites More sharing options...
Jimmy_D Posted 18 May, 2012 Share Posted 18 May, 2012 Just you wait, if this happens and they escape a points deduction the Pompey fans are going to be on a whole new level of deluded smugness! Not sat two leagues below us and with Chainrai owning them they won't. Link to comment Share on other sites More sharing options...
Whitey Grandad Posted 18 May, 2012 Share Posted 18 May, 2012 I just hope if they do get their debts diluted further they are hit with a 15+ points deduction. This should at least make sure they stay in L1 long enough for all possible PPs to be used up. What will probably happen though is they will get their debt reduced, chinny will give them enough funds to blow the other L1 teams away with their spending, gaining them promotion. Chinny will then try to sell a club on the rise and the supporters will be saying how great they are beating all the odds to bounce straight back with one eye back on the Prem. Aren't there now new regulations in place restricting this? Link to comment Share on other sites More sharing options...
TopGun Posted 18 May, 2012 Share Posted 18 May, 2012 "I will get my money back." BC. Leopards don't change their spots so I'm expecting all the flesh left on the carcass to be scraped clean and the bones ground up for animal fodder. Link to comment Share on other sites More sharing options...
Lord Duckhunter Posted 18 May, 2012 Share Posted 18 May, 2012 Yep just announced it on SSN Dont know if this has been posted yet. http://www.portsmouth.co.uk/sport/pompey/pompey-past/balram-chainrai-submits-his-bid-to-buy-pompey-1-3860834 Link to comment Share on other sites More sharing options...
View From The Top Posted 18 May, 2012 Share Posted 18 May, 2012 Aren't there now new regulations in place restricting this? Yes. Link to comment Share on other sites More sharing options...
doddisalegend Posted 18 May, 2012 Share Posted 18 May, 2012 On the beeb now Balram Chainrai makes offer to buy Portsmouth http://www.bbc.co.uk/sport/0/football/18123113 No one else is interested...which is not exactly a big shock Link to comment Share on other sites More sharing options...
Jimmy_D Posted 18 May, 2012 Share Posted 18 May, 2012 Confirmation from the administrator that the Supporter's Trust bid isn't expected to have enough money then. Link to comment Share on other sites More sharing options...
trousers Posted 18 May, 2012 Share Posted 18 May, 2012 http://www.pkf.co.uk/pkf/news/football_industry/balram_chainrai_makes_an_offer_for_portsmouth_football_club&goto=2&Category=News%20%5E%20views&Subcategory=Press%20releases So, the most amusing scenario looks like coming to fruition. Nice one :-) Over to the Football League to decide whether they want to keep their rabied patient alive another season or put them out of their misery.... Link to comment Share on other sites More sharing options...
holepuncture Posted 18 May, 2012 Share Posted 18 May, 2012 http://www.pkf.co.uk/pkf/news/football_industry/balram_chainrai_makes_an_offer_for_portsmouth_football_club&goto=2&Category=News%20%5E%20views&Subcategory=Press%20releases Got to love the guy, welcome back Balram! Link to comment Share on other sites More sharing options...
WealdSaint Posted 18 May, 2012 Share Posted 18 May, 2012 “However, there is still a lot to do before we get to that stage and we are not taking anything for granted. PKF will now work together with Portpin to finalise the business plan to satisfy the Football League that Portsmouth Football Club has a sustainable long term future. This is still likely to involve further cost-saving measures including player sales and the RENEGOTIATION OF CONTRACTS WITH THE TOP EARNERS to bring the club’s costs in line with the League One average. Portpin management and PKF have been working with the manager Michael Appleton to make preparations to ensure that the club is in the best possible position for the season ahead. Portpin has full trust in Michael’s ability to be a successful manager." Now how likely is that? Link to comment Share on other sites More sharing options...
trousers Posted 18 May, 2012 Share Posted 18 May, 2012 On the beeb now Balram Chainrai makes offer to buy Portsmouth http://www.bbc.co.uk/sport/0/football/18123113 No one else is interested...which is not exactly a big shock "Former Portsmouth owner Balram Chainrai" Former owner? I thought it had been concluded (on here) that Chainrai had never actually owned the club as such before now? (i.e. he had simply been the financier for other so called 'owners'? I recall asking recently how Chainrai could expect to pass the FL's FPPT test having been at the helm when Pompey went into administration last time, only to be told that he wasn't actually the owner back then, hence he couldn't be seen as a 'serial offender' So, how come the BBC labelled him as "former owner"? Either he's a "previous owner" or he isn't....and if he is then, surely, the Football league have to question his suitablity as an owner going forward....? Or is that all a bit too logical for our friends at the Football League? Link to comment Share on other sites More sharing options...
solentstars Posted 18 May, 2012 Share Posted 18 May, 2012 ha ha it looks like the slow death of pompey fc goes on,who else would want this basketcase of a club with the debts and high wage earners. i can see no investment and him getting his hands on the parachute payments and then put them out to grass while keeping fratton park. Link to comment Share on other sites More sharing options...
solentstars Posted 18 May, 2012 Share Posted 18 May, 2012 I just hope if they do get their debts diluted further they are hit with a 15+ points deduction. This should at least make sure they stay in L1 long enough for all possible PPs to be used up. What will probably happen though is they will get their debt reduced, chinny will give them enough funds to blow the other L1 teams away with their spending, gaining them promotion. Chinny will then try to sell a club on the rise and the supporters will be saying how great they are beating all the odds to bounce straight back with one eye back on the Prem. no way it did not work last time and he still has the high wage earners on the books so club will still be spunking money with less income coming into the club.. Link to comment Share on other sites More sharing options...
TopGun Posted 18 May, 2012 Share Posted 18 May, 2012 “However, there is still a lot to do before we get to that stage and we are not taking anything for granted. PKF will now work together with Portpin to finalise the business plan to satisfy the Football League that Portsmouth Football Club has a sustainable long term future. This is still likely to involve further cost-saving measures including player sales and the RENEGOTIATION OF CONTRACTS WITH THE TOP EARNERS to bring the club’s costs in line with the League One average. Portpin management and PKF have been working with the manager Michael Appleton to make preparations to ensure that the club is in the best possible position for the season ahead. Portpin has full trust in Michael’s ability to be a successful manager." Now how likely is that? Maybe BC is going to let his henchmen have a chat with Ben Haim and co... Link to comment Share on other sites More sharing options...
Truckasaurus Posted 18 May, 2012 Share Posted 18 May, 2012 A few horses heads on a few pillows,everyones a winner. (Horses are w***ers anyway) No more big wages,chinny can take them to the conferance south and get his money back. We get to two thousand pages. God bless BC. Link to comment Share on other sites More sharing options...
Wes Tender Posted 18 May, 2012 Share Posted 18 May, 2012 Balram Chainrai:I don’t have a magic wand but many important elements – a proud history, passionate supporters and one of the country’s top managers – are already in place and provide a strong platform on which we hope to build stability. So they have one of the Country's top managers, eh? Who would that be? Surely not the guy whose only previous experience in management was as caretaker manager of WBA for one match? :lol: Link to comment Share on other sites More sharing options...
Ohio Saint Posted 18 May, 2012 Share Posted 18 May, 2012 Balram Chainrai: So they have one of the Country's top managers, eh? Who would that be? Surely not the guy whose only previous experience in management was as caretaker manager of WBA for one match? :lol: I was gonna mention that too, but I was all tired from laffing too much. Link to comment Share on other sites More sharing options...
70's Mike Posted 18 May, 2012 Share Posted 18 May, 2012 Lots of words but nothing said balancing the books so his debt does not increase should be interesting Link to comment Share on other sites More sharing options...
Kingsland Red Posted 18 May, 2012 Share Posted 18 May, 2012 As BC has a large percentage of votes when the creditors vote, then as I alluded to a few pages ago, the Trust bid, however financially viable, has no chance of being accepted. The FL Fit & Proper Persons Test should really scrutinise this latest scenario, but I dont expect the FL will be bold enough to either reject BC or deduct further points. Interesting times !! Link to comment Share on other sites More sharing options...
trousers Posted 18 May, 2012 Share Posted 18 May, 2012 Are there no grounds for 'conflict of interests' when the largest creditor on the CVA panel decides to mount a bid for the company? Or is that simply tough luck for the other (minority) stakeholders? Link to comment Share on other sites More sharing options...
eurosaint Posted 18 May, 2012 Share Posted 18 May, 2012 Having read what Mick has to say, I reckon that Chinny is a nailed on certainty to take the club over at the last minute !! I'd just like to put my name forward for the ' Saintsweb Smartarse of the Year Award' Seriously though, this is great news as the beast will (slowly and surely!) bleed to death, offering us all hours of fun and frolics ! Time for Rallyboy and Holepuncture to take a deep breath and go for the jugular ! Bring it on............... Link to comment Share on other sites More sharing options...
Colinjb Posted 18 May, 2012 Share Posted 18 May, 2012 What are the odds on 2000 pages now I wonder!? haha! Let the Zombie club stagger on!! Link to comment Share on other sites More sharing options...
Ohio Saint Posted 18 May, 2012 Share Posted 18 May, 2012 Are there no grounds for 'conflict of interests' when the largest creditor on the CVA panel decides to mount a bid for the company? Or is that simply tough luck for the other (minority) stakeholders? It seems that the "Rules" when applied to footy are somewhat like the Newton's laws of gravity as explained by Spongebob Squarepants. You know there is a basic rule in there somewhere, but it got totally lost in translation. Link to comment Share on other sites More sharing options...
Viking Warrior Posted 18 May, 2012 Share Posted 18 May, 2012 I have lost the plot on this but is it legal for chanrai to get away with this ? Link to comment Share on other sites More sharing options...
Ohio Saint Posted 18 May, 2012 Share Posted 18 May, 2012 I have lost the plot on this but is it legal for chanrai to get away with this ? Are you a secret skate? Link to comment Share on other sites More sharing options...
eurosaint Posted 18 May, 2012 Share Posted 18 May, 2012 I have lost the plot on this but is it legal for chanrai to get away with this ? Just to remind you, this is the Skates we are discussing, legality is occasionally an inconvenience but never an impediment ! Link to comment Share on other sites More sharing options...
kwsaint Posted 18 May, 2012 Share Posted 18 May, 2012 Our 'friends' down the road are expecting that nice Mr Chanrai to pitch in at any moment. He does not expect to get his money back if they are liquidated, so will step in so that he gets the parachute payments, while increasing the overall debt. Once the parachute payments stop he will then walk away again, and it really will be the end. My view is that it would be better if they started completely again now, and got the crooks out of the club. We might have a bit more respect for them if they did that and it was run as a proper club, and worked their way back up through the divisions. Just postpones the inevitable. Link to comment Share on other sites More sharing options...
Ohio Saint Posted 18 May, 2012 Share Posted 18 May, 2012 Link to comment Share on other sites More sharing options...
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