Colinjb Posted 19 September, 2012 Share Posted 19 September, 2012 Portco, why so many ports in a storm? Link to comment Share on other sites More sharing options...
dubai_phil Posted 19 September, 2012 Share Posted 19 September, 2012 Stone me, wait over 3 years for a bid and get 5 in a couple of days. Link to comment Share on other sites More sharing options...
The Kraken Posted 19 September, 2012 Share Posted 19 September, 2012 Link to comment Share on other sites More sharing options...
dubai_phil Posted 19 September, 2012 Share Posted 19 September, 2012 att Slater @mattslaterbbc ...admins still saying it's between PST & Portpin, PST want more time, FL watching closely, Miland could become a factor again Link to comment Share on other sites More sharing options...
Gemmel Posted 19 September, 2012 Share Posted 19 September, 2012 http://portco.org/ Providing oppurtunities to people with disabilities Link to comment Share on other sites More sharing options...
Colinjb Posted 19 September, 2012 Share Posted 19 September, 2012 The guy lodging the bid, "Harry Kerr" runs this lot apparently: http://www.avaloninvestment.co.uk/ Link to comment Share on other sites More sharing options...
The Kraken Posted 19 September, 2012 Share Posted 19 September, 2012 att Slater @mattslaterbbc ...admins still saying it's between PST & Portpin, PST want more time, FL watching closely, Miland could become a factor again :lol: Please wait Twevor. We weally, weally, weally are cwedible. We pwomise. :lol: Link to comment Share on other sites More sharing options...
trousers Posted 19 September, 2012 Share Posted 19 September, 2012 ...and so Birch has yet another excuse to drag things out even further...how convenient... ;-) Kerching Link to comment Share on other sites More sharing options...
bridge too far Posted 19 September, 2012 Share Posted 19 September, 2012 The guy lodging the bid, "Harry Kerr" runs this lot apparently: http://www.avaloninvestment.co.uk/ Here's the Registered Office Link to comment Share on other sites More sharing options...
trousers Posted 19 September, 2012 Share Posted 19 September, 2012 @mattslaterbbc: ...admins still saying it's between PST & Portpin, PST want more time, FL watching closely, Miland could become a factor again @croydonpompey: @mattslaterbbc why Milland become a factor @mattslaterbbc: a lot of new interest in it @croydonpompey I fear it could become a 'ransom strip' again Link to comment Share on other sites More sharing options...
trousers Posted 19 September, 2012 Share Posted 19 September, 2012 Here's the Registered Office Nice bush Link to comment Share on other sites More sharing options...
Matthew Le God Posted 19 September, 2012 Share Posted 19 September, 2012 Not exactly an "if Carlsberg did football club ownership" moment... http://www.moneymarketing.co.uk/wrap-and-technology/avalon-reports-66000-pre-tax-profit/1056480.article Link to comment Share on other sites More sharing options...
trousers Posted 19 September, 2012 Share Posted 19 September, 2012 The guy lodging the bid, "Harry Kerr" runs this lot apparently: http://www.avaloninvestment.co.uk/ http://m.moneymarketing.co.uk/1034998.article?mobilesite=enabled Harry Kerr 21 July 2011 | By Sam Macdonald The Avalon director blames a lack of interaction between smaller platforms and the FSA on the regulator’s lack of understanding about how they operate even though smaller platforms are a lot closer to IFAs than their bigger counterparts Interview by Sam Macdonald Once you are attached to something, you can’t just give it up, you have to stick with it,” says Avalon director Harry Kerr referring to his beloved football clubs - Hibernian are his Scottish team and Arsenal his English affiliation. Link to comment Share on other sites More sharing options...
Saint Lindford Posted 19 September, 2012 Share Posted 19 September, 2012 Comment from the article: How ****ing thick is he? Peterborough have played 6 And have zero points. Yet more myths being spouted from 'Fantasy' Island. Link to comment Share on other sites More sharing options...
krissyboy31 Posted 19 September, 2012 Share Posted 19 September, 2012 He hasn't got a sister called Rhonda, has he? Link to comment Share on other sites More sharing options...
trousers Posted 19 September, 2012 Share Posted 19 September, 2012 @mattslaterbbc: they claim to have shown PKF proof of funds to value of £6.47m @harrypfc98 Link to comment Share on other sites More sharing options...
trousers Posted 19 September, 2012 Share Posted 19 September, 2012 @dfearnley: @Walkthe9T2 @mattslaterbbc well companies house shows portco ltd dissolved sept 2010. Could be totally different of course. Link to comment Share on other sites More sharing options...
trousers Posted 19 September, 2012 Share Posted 19 September, 2012 (edited) His 'registered' name would appear to be Henry Kerr, not Harry... http://company-director-check.co.uk/director/906521165 Director Summary Henry Kerr has 15 company director or secretary appointments. Short name - Henry Kerr Director ID : 906521165 Company Summary Company Name Company Status BATH FINE FOODS LIMITED Active AVALON CONSULTANTS LIMITED Active XL HOMES LIMITED Active GOLDEN VALLEY PADDOCKS LIMITED Active MARKET PLACE FINANCIAL SERVICES LIMITED Active CHARTERHALL NOMINEES LIMITED Active AVALON SIPP TRUSTEES LIMITED Active MINERVA FUND MANAGERS LIMITED Active AVALON INVESTMENT SERVICES (NOMINEES) LIMITED Active AVALON INVESTMENT SERVICES LIMITED Active THE CHILDREN'S ISA LIMITED Active (Director Resigned 10/01/2012) GOLDEN VALLEY PADDOCKS LIMITED Active (Director Resigned 17/02/2012) DOYNTON FIELDS LIMITED Dissolved BLUE TANGERINE ART LIMITED Dissolved WHITTAWER LIMITED Dissolved (Director Resigned 29/08/2008) Edited 19 September, 2012 by trousers Link to comment Share on other sites More sharing options...
trousers Posted 19 September, 2012 Share Posted 19 September, 2012 (edited) http://www.bbc.co.uk/sport/0/football/19657230 Not sure how a dissolved or non-existent company can bid for a football club but I'm sure it's perfectly normal in Pompeyland... Edited 19 September, 2012 by trousers Link to comment Share on other sites More sharing options...
Gemmel Posted 19 September, 2012 Share Posted 19 September, 2012 http://www.bbc.co.uk/sport/0/football/19657230 Portco Limited??? http://www.cdrex.com/portco-limited-6209745.html Link to comment Share on other sites More sharing options...
trousers Posted 19 September, 2012 Share Posted 19 September, 2012 Portco Limited??? http://www.cdrex.com/portco-limited-6209745.html Nothing ever seems quite right with Pompey bidders, does it?! Link to comment Share on other sites More sharing options...
trousers Posted 19 September, 2012 Share Posted 19 September, 2012 @SOSPompey: Two BBC journo's contradicting each other regarding the PST bid - who's playing silly buggers? @NabilHassan79 @mattslaterbbc @pompeytrust: Thanks to all those who have directed me to @mattslaterbbc The PST bid remains unchanged and we regard it as best for creditors and club. Link to comment Share on other sites More sharing options...
Gemmel Posted 19 September, 2012 Share Posted 19 September, 2012 Nothing ever seems quite right with Pompey bidders, does it?! Ha ha - It's just getting funnier. I just wish they had gone with cala Link to comment Share on other sites More sharing options...
Dark Munster Posted 19 September, 2012 Share Posted 19 September, 2012 http://www.bbc.co.uk/sport/0/football/19657230 Not sure how a dissolved or non-existent company can bid for a football club but I'm sure it's perfectly normal in Pompeyland... Indeed, who can forget Al Mirage? Link to comment Share on other sites More sharing options...
dubai_phil Posted 20 September, 2012 Share Posted 20 September, 2012 So 5 bids in Deadline day looms. Portco already complaining that TB is telling them they are too late, yet the Trust need more time. Only 8 pages to go to reach 1500. And to think we held a party when this thread got to page 150. Will Trousers be able to keep up or will he get RSI from trying to cut & paste all day? Will OldNick finally be proved right? Will Rallyboy post something that is NOT perfection for the moment? Will the mighty Truckasaurus find a laptop and make a welcome return? Or will TB tell Chinny to get lost? Plenty to keep us all on F5 throughout the day as we build up to what COULD finally, after all these years of TSW & it's predecessors REALLY ACTUALLY be a Takeover Friday? Link to comment Share on other sites More sharing options...
corky morris Posted 20 September, 2012 Share Posted 20 September, 2012 I have met Harry Kerr through my work. He does not have the money to buy the fish fu ck ers! And that is saying something! Link to comment Share on other sites More sharing options...
hutch Posted 20 September, 2012 Share Posted 20 September, 2012 I have met Harry Kerr through my work. He does not have the money to buy the fish fu ck ers! And that is saying something! He's fronting for somebody. The question is who? Link to comment Share on other sites More sharing options...
trousers Posted 20 September, 2012 Share Posted 20 September, 2012 He's fronting for somebody. The question is who? Storrie and Redknapp? Nah...there's wishful thinking and wishful thinking.... Link to comment Share on other sites More sharing options...
hutch Posted 20 September, 2012 Share Posted 20 September, 2012 Storrie and Redknapp? Nah...there's wishful thinking and wishful thinking.... If it's true that all the Gaydamak land can be had for around £2.5m then there's a lot of money to be made if Pompey aren't playing football at Fratton Park on a Saturday afternoon any more. So my money's on another property developer. Link to comment Share on other sites More sharing options...
Thedelldays Posted 20 September, 2012 Share Posted 20 September, 2012 If it's true that all the Gaydamak land can be had for around £2.5m then there's a lot of money to be made if Pompey aren't playing football at Fratton Park on a Saturday afternoon any more. So my money's on another property developer. Especially where it is... Loads of large shops around it and not too far off the M275 Link to comment Share on other sites More sharing options...
dvaughanwilliams Posted 20 September, 2012 Share Posted 20 September, 2012 If the Football League has cleared Chainrai, I don't understand why Birch hasn't let him take over the club. Clearly, his bid is worth more in cash to creditors than the PST. He has an obligation to look at the new bids, but I expect an announcement of the return of Chinny within a week or so. I don't know why there's a sudden interest in a club that's struggling to stay in the third tier with no real assets. Could these bidders be trying to buy a club they know little about or its myriad problems? 'Cause that's never happened before.... Link to comment Share on other sites More sharing options...
dvaughanwilliams Posted 20 September, 2012 Share Posted 20 September, 2012 Little more is known about Portco, although it is believed to be interested in the club for its "sleeping giant" potential and the chance to redevelop the Fratton Park site. http://www.bbc.co.uk/sport/0/football/19657230 Link to comment Share on other sites More sharing options...
trousers Posted 20 September, 2012 Share Posted 20 September, 2012 A good read... http://www.twohundredpercent.net/?p=20459 Link to comment Share on other sites More sharing options...
trousers Posted 20 September, 2012 Share Posted 20 September, 2012 If the Football League has cleared Chainrai, I don't understand why Birch hasn't let him take over the club. Clearly, his bid is worth more in cash to creditors than the PST. He has an obligation to look at the new bids, but I expect an announcement of the return of Chinny within a week or so. How much discretion does Birch have? Does the court appoint him to simply rubber stamp the best bid (based on finances on paper) or is he 'allowed' to throw ethics and morals into the equation? Link to comment Share on other sites More sharing options...
trousers Posted 20 September, 2012 Share Posted 20 September, 2012 http://m.portsmouth.co.uk/sport/pompey/pompey-past/fifth-bidder-arrives-with-offer-to-buy-pompey-1-4280286 Rumours circulated last night that Pompey fan and businessman Terry Pritchard is involved with the Portco offer. But Mr Pritchard, who was a backer in a failed 2010 takeover bid fronted by 21-year-old Tom Lever, did not respond to calls from The News last night. Link to comment Share on other sites More sharing options...
Faz Posted 20 September, 2012 Share Posted 20 September, 2012 How much discretion does Birch have? Does the court appoint him to simply rubber stamp the best bid (based on finances on paper) or is he 'allowed' to throw ethics and morals into the equation? He has quite a degree of discretion I believe. As no-one is goung to dump a sack full of cash on the table day one, he needs to decide who has the longer term best chance to get the creditors that tiny proportion of he cash they're due. Link to comment Share on other sites More sharing options...
Gemmel Posted 20 September, 2012 Share Posted 20 September, 2012 How much discretion does Birch have? Does the court appoint him to simply rubber stamp the best bid (based on finances on paper) or is he 'allowed' to throw ethics and morals into the equation? The pst cited some passage from admin law that highlighted there was additional criteria based on which bid was most likely to succeed and honour agreed payments, as well as whta was in the long term interests of the company, but it was all pretty woolly. The problem Birchy has is the additional element of risk and assumption the pst bid holds..... and that is before Portpin go to court over the valuation for fratton - But then if that happened - It would mean more fees for pkf Link to comment Share on other sites More sharing options...
trousers Posted 20 September, 2012 Share Posted 20 September, 2012 The pst cited some passage from admin law that highlighted there was additional criteria based on which bid was most likely to succeed and honour agreed payments, as well as whta was in the long term interests of the company, but it was all pretty woolly. The problem Birchy has is the additional element of risk and assumption the pst bid holds..... But I guess that's the crux behind my question....is it really a 'problem' for Birch if he ends up choosing a bid that later fails? He doesn't have any (legal) accountability for his decision once it's happened, does he? Link to comment Share on other sites More sharing options...
rallyboy Posted 20 September, 2012 Share Posted 20 September, 2012 Conspiracy Theory no.2731. The new bidders look potless, have they just been thrown in by interested parties with crazy offers for the ground to support any potential valuation case? We'll pay £8M for the ground and £1M to football creditors... Bid clearly fails and is way too late, but might be useful in court when the ground is valued at £2.75M by Trev. If Birch does select the Trust, an enraged Chanrai could have a nice plan B up his sleeve. He'll go straight out and buy the ransom strip next door, thus maintaining his control over the club. He might need to outbid the assembled property developers, but it's worth more to him for leverage on the neighbours. It wouldn't surprise me if he's already bought it, or is finalising the deal as we speak. The Trust need to secure everything to be in control of their own future - and they can't afford that. They can buy the steering wheel, but the loan shark could still have the gears, the pedals and the handbrake. Link to comment Share on other sites More sharing options...
RingySFC Posted 20 September, 2012 Share Posted 20 September, 2012 A couple of comments from the “bestset” in the Skate News:- “Fratton looks like in that Photo like the old greyhound stadium or a tip.So whoever gets the club should take over if they gaurantee that a new ground be built within a year or 2 or no deal.” Poor delusional Skate – No deal then! “We need to bit County and a week of training win at home S****horpe and then Yeovil away we should do that ! So 9 points and ownership will take longer.........TB no need to decide on BC or PST as yet. they have passed FL now, its unto TB but he will have to look closely at SAF now and delay to allow that” WTF?? Link to comment Share on other sites More sharing options...
Ken Tone Posted 20 September, 2012 Share Posted 20 September, 2012 Please note .. Portco Ltd has no connection whatsoever with Portpin Ltd Just thought I ought to make that clear Link to comment Share on other sites More sharing options...
fanimal Posted 20 September, 2012 Share Posted 20 September, 2012 The only 'ransom strip' in the area is a small strip of land owned by Sellar Properties (the Landlord of the B&Q opposite) which controls access off the roundabout to the car park (Miland) next to the western stand of the Stadium. The Miland land could easily be redeveloped in isolation from the Stadium. Link to comment Share on other sites More sharing options...
SaintRichmond Posted 20 September, 2012 Share Posted 20 September, 2012 http://www.bbc.co.uk/sport/0/football/19657230 Not sure how a dissolved or non-existent company can bid for a football club but I'm sure it's perfectly normal in Pompeyland... And perfectly OK with the FL I wonder what the hell the hold is that Pompey have over the Football Authorities. Must go back to the WW2 days .... All them tunnels in all them hills Link to comment Share on other sites More sharing options...
Big Bad Bob Posted 20 September, 2012 Share Posted 20 September, 2012 And perfectly OK with the FL I wonder what the hell the hold is that Pompey have over the Football Authorities. Must go back to the WW2 days .... All them tunnels in all them hills Whilst I agree with the sentiments I don't think the FL have seen sight or sound of this bid yet. PKF have to approve it first before the FL have their say so.. Link to comment Share on other sites More sharing options...
eurosaint Posted 20 September, 2012 Share Posted 20 September, 2012 Please note .. Portco Ltd has no connection whatsoever with Portpin Ltd Just thought I ought to make that clear Glad you cleared that up, and there was me thinking that Andy Andronikou's granny may have been somehow involved with this company (now dissolved and never having shown any accounts, ever...?). There are fishy smells and fishy smells, but this one still smells fishy to me Link to comment Share on other sites More sharing options...
Saint Lindford Posted 20 September, 2012 Share Posted 20 September, 2012 SulaimanAlfahim @TheRealSulaiman Why don't all five bidders of #Portsmouth join force together and put £30m in the club to make sure we go back to Premier League in two yrs Retweeted by Neil Allen You just could not make this up..... LOL Link to comment Share on other sites More sharing options...
trousers Posted 20 September, 2012 Share Posted 20 September, 2012 SulaimanAlfahim @TheRealSulaiman Why don't all five bidders of #Portsmouth join force together and put £30m in the club to make sure we go back to Premier League in two yrs Retweeted by Neil Allen You just could not make this up..... LOL Is the facepalm machine broken or something? :-) Link to comment Share on other sites More sharing options...
Ohio Saint Posted 20 September, 2012 Share Posted 20 September, 2012 Sod it, time for me to buy my own football team. Anyone got Trev's address? Link to comment Share on other sites More sharing options...
Gemmel Posted 20 September, 2012 Share Posted 20 September, 2012 Link to comment Share on other sites More sharing options...
andysstuff Posted 20 September, 2012 Share Posted 20 September, 2012 Anyone translate...phil? Link to comment Share on other sites More sharing options...
Recommended Posts