OVER THE HILL Posted 12 December, 2012 Share Posted 12 December, 2012 Who needs christmas when you have that no mark club? The gift that keeps on giving. Link to comment Share on other sites More sharing options...
Colinjb Posted 12 December, 2012 Share Posted 12 December, 2012 How likely is it that the judge will grant it? How funny would it be if he didn't! Link to comment Share on other sites More sharing options...
dubai_phil Posted 12 December, 2012 Share Posted 12 December, 2012 Where's our man in Dubai with his crystal balls when we need him.....? Farking Etisalat. Paid for data not got it. Found wifi in pub. No surprise something happened Trev did not answer fone. What did he expect. Imho only gonna be more good news for nutjobs don't panic oldnick decades of being Walsall beckon insh'allah Sent from my HTC One X using Tapatalk 2 Link to comment Share on other sites More sharing options...
aintforever Posted 12 December, 2012 Share Posted 12 December, 2012 No, It's Chainrai taking issue with the ground's valuation, not the trust's offer..... Yeah but there is no point them trying to force Chanrai to sell for £2mill or whatever if they don't have anywhere near that amount. God knows what is going on. Maybe Chanrai has found another puppet to take on his debt? Link to comment Share on other sites More sharing options...
dubai_phil Posted 12 December, 2012 Share Posted 12 December, 2012 This could be hilarious... Think I did mention something hilarious this way comes. IF my source was right then Bachmann Turner Overdrive Sent from my HTC One X using Tapatalk 2 Link to comment Share on other sites More sharing options...
trousers Posted 12 December, 2012 Share Posted 12 December, 2012 You know it's been a good nutjob evening when there's so many side-splitting #pompey tweets it's impossible to decide which ones to copy and paste into here... Link to comment Share on other sites More sharing options...
The Kraken Posted 12 December, 2012 Share Posted 12 December, 2012 From POL: This Guilfoyle bloke just been on SSN. Says he has been approached by Portpin and says that there is a major problem with the PKF case (I wonder if that is just what Portpin are telling him though). Portpin are offering to fund club til end of season and "re-market" it. Link to comment Share on other sites More sharing options...
trousers Posted 12 December, 2012 Share Posted 12 December, 2012 Andy Matthews @andymatthews09 Will someone just liquidate us now!!! This is beyond a joke, the whole#pompey situation is becoming farcical!! #pst Link to comment Share on other sites More sharing options...
Matthew Le God Posted 12 December, 2012 Share Posted 12 December, 2012 From POL: Portpin are offering to fund club til end of season and "re-market" it. Re-marketed as a League Two team that rents a training ground, doesn't own the stadium, has a poor academy, £8m+ of debt to former staff, a CVA to pay and will be getting sub 10,000 attendances? Saatchi & Saatchi would struggle to sell that. Link to comment Share on other sites More sharing options...
St Chalet Posted 12 December, 2012 Share Posted 12 December, 2012 @Frattoniser: @PKF_UK Come on, we deserve answers, tell us why you are seeking an adjournment? Don't treat us as stupid, we've proved we're not! Amongst an evening of speculation and conjecture it is left to our friend Frattoniser to make the most outlandish statement of the day! Link to comment Share on other sites More sharing options...
carljack Posted 12 December, 2012 Share Posted 12 December, 2012 From POL: Guilfoyle and Admin Andy are one and the same,Chinny and AA have gone all in and the PST are holding a busted flush,these boys are more slippery than a bucket of eels out of Pompey Docks. Link to comment Share on other sites More sharing options...
andysstuff Posted 12 December, 2012 Share Posted 12 December, 2012 @Frattoniser: @PKF_UK Come on, we deserve answers, tell us why you are seeking an adjournment? Don't treat us as stupid, we've proved we're not! Amongst an evening of speculation and conjecture it is left to our friend Frattoniser to make the most outlandish statement of the day! He's not a happy bunny tonight is he. I'd be surprised if h gets any sleep. Bless him. Link to comment Share on other sites More sharing options...
eurosaint Posted 12 December, 2012 Share Posted 12 December, 2012 Wtfiln Link to comment Share on other sites More sharing options...
View From The Top Posted 12 December, 2012 Share Posted 12 December, 2012 So tomorrow morning the people who asked for a hearing are going to ask for it to be put back to an unspecified date as the people they are taking to court have bowled them a googly? Link to comment Share on other sites More sharing options...
Colinjb Posted 12 December, 2012 Share Posted 12 December, 2012 Yeah but there is no point them trying to force Chanrai to sell for £2mill or whatever if they don't have anywhere near that amount. God knows what is going on. Maybe Chanrai has found another puppet to take on his debt? That is true. I would suspect their benign, helpful and extremely charitable property developer friends would be happy to assist though. Link to comment Share on other sites More sharing options...
stevegrant Posted 12 December, 2012 Share Posted 12 December, 2012 So tomorrow morning the people who asked for a hearing are going to ask for it to be put back to an unspecified date as the people they are taking to court have bowled them a googly? Bowling, Shane! Link to comment Share on other sites More sharing options...
CB Saint Posted 12 December, 2012 Share Posted 12 December, 2012 Ha ha ha ha ha ha ha ha ha ha ha ha ha Link to comment Share on other sites More sharing options...
St Chalet Posted 12 December, 2012 Share Posted 12 December, 2012 The trust keep banging on about Chanrai not getting the golden share. The thing that may not have dawned on them is that he is probably better off now with the club dead and just the assets left. A new Administrator may trouser the PP for the creditors by liquidating and distribute equally, with 'you guessed it' getting a preferential payout as a secured creditor. The player compromises are only effectively secured if they want to stay a football club. Link to comment Share on other sites More sharing options...
stevegrant Posted 12 December, 2012 Share Posted 12 December, 2012 Yeah but there is no point them trying to force Chanrai to sell for £2mill or whatever if they don't have anywhere near that amount. God knows what is going on. Maybe Chanrai has found another puppet to take on his debt? Don't forget the money from Pompey kids' Christmas present funds aren't being used to buy the ground, that money's coming independently from the property developer who definitely absolutely isn't in it to make a quick buck for himself. The amount of money the trust has or hasn't raised is completely irrelevant as far as the court hearing is concerned. Link to comment Share on other sites More sharing options...
trousers Posted 12 December, 2012 Share Posted 12 December, 2012 @pn_neil_allen: Absolute chaos in #Pompey land tonight with no PKF answers forthcoming. I'm still going to court tomorrow though. Will tweet any info I get. Link to comment Share on other sites More sharing options...
trousers Posted 12 December, 2012 Share Posted 12 December, 2012 The trust keep banging on about Chanrai not getting the golden share. The thing that may not have dawned on them is that he is probably better off now with the club dead and just the assets left. A new Administrator may trouser the PP for the creditors by liquidating and distribute equally, with 'you guessed it' getting a preferential payout as a secured creditor. The player compromises are only effectively secured if they want to stay a football club. I like the cut of your jib sir.... Link to comment Share on other sites More sharing options...
St Marco Posted 12 December, 2012 Share Posted 12 December, 2012 It does not make sense. At least not to me.... The court case tomorrow is to see what the legal valuation on the ground is and give permission to the administrator to sell it. It is not a case where Portpin request a new administrator as wouldn't that have to be done at a different hearing? Why would Trev back out on the case being heard under threat of being replaced? Surely it is in the people owed moneys interests for a sale to be completed asap? Rt hey already had a vote with those owed money and the amounts were agreed. Secondly Trev would be able to say that the FL have already indicated that Chinny would fail their tests of ownership due to past administrations. Again having another admin in charge won't change that. Point being Trev could argue in court it is the only option they have. But to ask for an aadjournment means something isn't right. Link to comment Share on other sites More sharing options...
The Kraken Posted 12 December, 2012 Share Posted 12 December, 2012 Someone on POL has typed up what Brendan Guilfoyle told SSN. Portpin asked me to put my name forward as they believe the club has not been fully marketed, they certainly dont wan the club liquidated if it cant be sold to the PST so what thay are saying is what they are suggesting to the court is they will continue to fund the club until the end of ther season on the condition the court involve me and I can be given the opportunity to find a new buyer. My involvement if any will be for the matter for the court to decide upon. Its to give the court another option as Portpin feel the options provided I.E a sale to the PST or closure of the closing of the club need broadening. If teh court decide the sale of the club to the supporters then I will have no involvement, Im there to give them another option. The is a late development this evening that the soliciters acting on behalf of the administrators, PKF has requested an adjournment as they have a major probelm with their case. Portpins lawyers have tried to find what that problem is but are not being told what that problem is, so once again the first thing the court will be asked is for an adjournment of the case, so I dont think Portpin are particulary happy abouth that as they find the whole continuing uncertianty undesireable. Portpin are not happy with the administrator and disturbed because what they are saying to the court is if you dont sell to the PST we will have no option to liquidate the club, so Portpin are providing another option which is we will fund the club to the end of the season and we will have someone market the club all over again. They feel a lot olf good work has been done by PKf like reducing wages and making the club a more attractive proposition than it appeared to when it first went into administration which means others parties should be interested in buying the club. Link to comment Share on other sites More sharing options...
The Kraken Posted 12 December, 2012 Share Posted 12 December, 2012 And perhaps a pertinent point from that: There is a late development this evening that the solicitors acting on behalf of the administrators, PKF have requested an adjournment as they have a major problem with their case. Link to comment Share on other sites More sharing options...
St Chalet Posted 12 December, 2012 Share Posted 12 December, 2012 Did he PDT heads buy the Miland land? I would hate to be a property developer who has just purchased a ****ty strip of land sat next to a Victorian football ground right now! Come to think of it I do know a company that might offer a small amount for it. Link to comment Share on other sites More sharing options...
St Marco Posted 12 December, 2012 Share Posted 12 December, 2012 Yeah that's what it sounds like. I don't think the fact they will put forward another admin is the reason they have pulled out. Link to comment Share on other sites More sharing options...
trousers Posted 12 December, 2012 Share Posted 12 December, 2012 @pn_neil_allen: RT @pn_jeff_travis: PKF confirm court case will go ahead tomorrow at 10.30am at the High Court #Pompey Make your minds up FFS... Link to comment Share on other sites More sharing options...
trousers Posted 12 December, 2012 Share Posted 12 December, 2012 @pn_jeff_travis: Case has not been adjourned. Up to the judge to decide IF a request is made #Pompey Link to comment Share on other sites More sharing options...
CB Saint Posted 12 December, 2012 Share Posted 12 December, 2012 Well it is panto season... The case is on! Oh no it's not! Oh yes it is! He's (chanrai) behind you! Link to comment Share on other sites More sharing options...
St Chalet Posted 12 December, 2012 Share Posted 12 December, 2012 @pn_jeff_travis: Case has not been adjourned. Up to the judge to decide IF a request is made #Pompey At least the few will have an excuse for the poor attendance. Link to comment Share on other sites More sharing options...
sussexsaint Posted 12 December, 2012 Share Posted 12 December, 2012 Wtfiln This, only this Link to comment Share on other sites More sharing options...
St Chalet Posted 12 December, 2012 Share Posted 12 December, 2012 Well it is panto season... The case is on! Oh no it's not! Oh yes it is! He's (chanrai) behind you! With Neil Allen as Widow Tw*nkey Link to comment Share on other sites More sharing options...
trousers Posted 12 December, 2012 Share Posted 12 December, 2012 @NabilHassan79: #pompey As things stand PKF & Portpin intend to be in court tomorrow. The PST say PKF have asked for an adjournment but up to judge to agree @NabilHassan79: #Pompey It is understood PKF's decision to ask for an adjournment has nothing to do with the Brendan Guilfoyle news emerging tonight. Link to comment Share on other sites More sharing options...
The Kraken Posted 12 December, 2012 Share Posted 12 December, 2012 @pn_jeff_travis: Case has not been adjourned. Up to the judge to decide IF a request is made #Pompey The request has been made; its up to the judge to decide to grant it, surely? Link to comment Share on other sites More sharing options...
saint si Posted 12 December, 2012 Share Posted 12 December, 2012 And the fans have already cancelled their coach. Too damn funny. Link to comment Share on other sites More sharing options...
trousers Posted 12 December, 2012 Share Posted 12 December, 2012 And the fans have already cancelled their coach. Too damn funny. Link to comment Share on other sites More sharing options...
trousers Posted 12 December, 2012 Share Posted 12 December, 2012 @TheChief657: @BillGates @richardbranson dont suppose either of you fancy bailing out a once proud football club? Best fans in the world come free #Pompey Link to comment Share on other sites More sharing options...
patred44 Posted 12 December, 2012 Share Posted 12 December, 2012 PST unwittingly gave away the total pledges today, by admitting that only 2% have asked for their hundred quid back. Rather stupidly they added that was about 20 people !!!!! Even my basic maths can work out, given that figure, that only 1,000 pledges have been made in total..£1m not enough to pay their dirisory offer of £2.75m for Fratton.. no wonder Birch wants to bail out tomorrow Link to comment Share on other sites More sharing options...
CB Saint Posted 12 December, 2012 Share Posted 12 December, 2012 And the fans have already cancelled their coach. Too damn funny. Ha ha ha, stop it, ha ha, you're killing me, ha ha ha Link to comment Share on other sites More sharing options...
trousers Posted 12 December, 2012 Share Posted 12 December, 2012 @NabilHassan79: If judge refuses to grant adjournment or Portpin don't agree, the case goes ahead as planned. PKF refusing to say why they've made request. @pn_jeff_travis: Just spoke to PKF. Court case will take place tomorrow. Possible an adjournment will be sought, but no certainty at all Link to comment Share on other sites More sharing options...
badgerx16 Posted 12 December, 2012 Share Posted 12 December, 2012 Looks like they will be funded to the end of the season, so they can re-market the club...... Yeah just trying to avoid those 10 points being deducted! 1) They have to back to court in Feb for permission to extend the administration, as it cannot run beyond 12 months from the original date ( Feb 2012 ) without court approval 2) If they do survive to the end of this season then get sold in the summer, they will start the next season on -10. Link to comment Share on other sites More sharing options...
patred44 Posted 12 December, 2012 Share Posted 12 December, 2012 HANG ON it's back on http://fansonline.net/portsmouth/mb/view.php?id=469818 Link to comment Share on other sites More sharing options...
melmacian_saint Posted 12 December, 2012 Share Posted 12 December, 2012 Maybe the major problem is that the accountants can't hide the fact that the PKF fees have drained the club of much needed cash to keep going, ignoring alternative bids for ownership in the process, effectively meaning that liquidation is inevitable, and hence all the other legal troubles that this may bring to their firm and the individuals themselves? Seems that now even Brichy boy can't hide it any longer. Link to comment Share on other sites More sharing options...
hypochondriac Posted 12 December, 2012 Share Posted 12 December, 2012 Sounds like it's back on then. Should be interesting either way Link to comment Share on other sites More sharing options...
patred44 Posted 12 December, 2012 Share Posted 12 December, 2012 Link to comment Share on other sites More sharing options...
TopGun Posted 12 December, 2012 Share Posted 12 December, 2012 PST unwittingly gave away the total pledges today, by admitting that only 2% have asked for their hundred quid back. Rather stupidly they added that was about 20 people !!!!! Even my basic maths can work out, given that figure, that only 1,000 pledges have been made in total..£1m not enough to pay their dirisory offer of £2.75m for Fratton.. no wonder Birch wants to bail out tomorrow I think they covered themselves by saying 20 had withdrawn, which is "between 1% and 2%". Nevertheless it could be the key to it - if it is true that only about 30% have paid £1,000, and if Birch is aware of that, given the FL statement about the need for the PST to money up in full. Link to comment Share on other sites More sharing options...
TopGun Posted 12 December, 2012 Share Posted 12 December, 2012 (edited) Sounds like it's back on then. Should be interesting either way It can't be off until Justice Sales says it's off. So we have to wait for an adjournment request from PKF in court. Either way they're rattled and not confident of a result on the day or one that stands up in the aftermath. Edited 12 December, 2012 by TopGun Link to comment Share on other sites More sharing options...
Saint Keith Posted 12 December, 2012 Share Posted 12 December, 2012 Jeesus h christ. i go to the gym for a couple of hours to get myself geared up for the fun and games in court, and the ****ing sky falls in. you cant turn your back for one minute on this pantomine only 2 other things to say... HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA and WTFILN :lol: Link to comment Share on other sites More sharing options...
warsash saint Posted 13 December, 2012 Share Posted 13 December, 2012 Toaster time!! Link to comment Share on other sites More sharing options...
Dark Munster Posted 13 December, 2012 Share Posted 13 December, 2012 Yeah, so would most of us....but, according to the Pompey intelligentsia, that's called "giving up" or "not trying"....like what us "scummers" did in 2009.... I've said it before, but I still don't get how trying to keep a terminally ill mongrel alive is somehow more noble than putting it to sleep and starting again with a pedigree puppy... Ahem. Let's not get carried away. Link to comment Share on other sites More sharing options...
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