TopGun Posted 16 January, 2013 Share Posted 16 January, 2013 This was something raised by BTF and it would seem a perfect solution; http://www.bevirs.co.uk/commercial/overage.htm That explains it quite well, but goggle "Overage" and there is plenty on it. For what it is worth, I don't buy the tesco deal and i am not convinced that robinson has actually bought the other land. Apart from the news, the only info is from teh bbc (who have been poor on details throughout this whole thing) is a line that says he has exchanged contracts. If the land was so important to Tesco, they would have bought it themselves. Tesco have a massive land bank so I agree with the comment by Gemmel. It's probably of interest but not a priority. On the wider perspective, I'm perplexed at how and why the PST say they are going to buy FP on two points. The first is where is the money coming from obviously, the second is why make statements like that before the court case? It just seems detrimental to their cause. Link to comment Share on other sites More sharing options...
Lazlo78 Posted 16 January, 2013 Share Posted 16 January, 2013 You know why Pompey won't take advice from us? Because they have trust issues... (gets coat, walks off)... Link to comment Share on other sites More sharing options...
trousers Posted 16 January, 2013 Share Posted 16 January, 2013 This was something raised by BTF and it would seem a perfect solution; http://www.bevirs.co.uk/commercial/overage.htm That explains it quite well, but goggle "Overage" and there is plenty on it. For what it is worth, I don't buy the tesco deal and i am not convinced that robinson has actually bought the other land. Apart from the news, the only info is from teh bbc (who have been poor on details throughout this whole thing) is a line that says he has exchanged contracts. If the land was so important to Tesco, they would have bought it themselves. Appy (poster on here) reported last week that the land had been bought by Tesco (IIRC)... Link to comment Share on other sites More sharing options...
Gemmel Posted 16 January, 2013 Share Posted 16 January, 2013 Tesco have a massive land bank so I agree with the comment by Gemmel. It's probably of interest but not a priority. On the wider perspective, I'm perplexed at how and why the PST say they are going to buy FP on two points. The first is where is the money coming from obviously, the second is why make statements like that before the court case? It just seems detrimental to their cause. If robinson os out of the deal to buy fatpipes, then the bid was dead. My best guess (And that is all it is) is that they will use the parachute payments and then pay the football creditors over time. I think I am right in saying the unsecured creditors have to be paid back within five years..... May be it is the same with the football creditors? But they postponed the case again, so whatever they are doing is not finalised yet, however I think the next pp money is at teh begining of Feb..... Rather handy if the date set on the 31th falls after that. Link to comment Share on other sites More sharing options...
trousers Posted 16 January, 2013 Share Posted 16 January, 2013 http://www.portsmouth.co.uk/sport/pompey/why-a-nomadic-training-ground-existence-doesn-t-bother-guy-1-4684290 Link to comment Share on other sites More sharing options...
Danbert Posted 16 January, 2013 Share Posted 16 January, 2013 If robinson os out of the deal to buy fatpipes, then the bid was dead. My best guess (And that is all it is) is that they will use the parachute payments and then pay the football creditors over time. I think I am right in saying the unsecured creditors have to be paid back within five years..... May be it is the same with the football creditors? But they postponed the case again, so whatever they are doing is not finalised yet, however I think the next pp money is at teh begining of Feb..... Rather handy if the date set on the 31th falls after that. I think they must have found some new source of funding. I can't believe they'd be allowed to use parachute payments to fund a Fratton Park purchase. Link to comment Share on other sites More sharing options...
Whitey Grandad Posted 16 January, 2013 Share Posted 16 January, 2013 I think they must have found some new source of funding. I can't believe they'd be allowed to use parachute payments to fund a Fratton Park purchase. Aren't the PPs diverted straight to the football creditors without going through the club? Link to comment Share on other sites More sharing options...
Sevvy Posted 16 January, 2013 Share Posted 16 January, 2013 I think they must have found some new source of funding. I can't believe they'd be allowed to use parachute payments to fund a Fratton Park purchase. I am sure Birch said somewhere that the next parchute payment is already taken care off anyway, Link to comment Share on other sites More sharing options...
trousers Posted 16 January, 2013 Share Posted 16 January, 2013 If one goes by everything one has read from the PDT HQ over the last 6 months I think the parachute payments have been allocated to pay for at least half a dozen different debts or purchase commitments. Reeks of Gordon Brown's spending plans a few years back... Link to comment Share on other sites More sharing options...
View From The Top Posted 16 January, 2013 Share Posted 16 January, 2013 Don't forget that they haven't said they will, just they'd like to. Link to comment Share on other sites More sharing options...
trousers Posted 16 January, 2013 Share Posted 16 January, 2013 I am sure Birch said somewhere that the next parchute payment is already taken care off anyway, And not forgetting that the insightful news reporter Mr Allen said in his Webchat last week: "forget about the parachute payments - they've already been allocated to pay off the football creditor debts" (or words to that effect) Link to comment Share on other sites More sharing options...
hutch Posted 16 January, 2013 Share Posted 16 January, 2013 On the wider perspective, I'm perplexed at how and why the PST say they are going to buy FP on two points. The first is where is the money coming from obviously, the second is why make statements like that before the court case? It just seems detrimental to their cause. Here's how I see it: Robinson had put together a "buy & lease back" deal that had some kind of clause that would let him evict his tenants at some time. The Trust were happy with that. They'll sign anything 'coz it's Trust or Bust after all, innit? But somebody, probably Birch or Chainrai, rumbled it, and Robinson walked. He (a Spurs fan) was never interested in being the long term landlord. He was banking on them not being able to afford to buy it back, leaving him free after five years to do what he wanted with it. They know, after three years of being bankrupt, that nobody else is going to step up and buy the ground for them on terms that weren't acceptable to Robinson. So their choices were: 1. That's it, we're fooked, or; 2. That's brilliant, now we can try and buy FP for ourselves. They've got 2 weeks to come up with another five million quid, or else they will own the phoenix club playing somewhere else and FP wil be a development site. Link to comment Share on other sites More sharing options...
Ric Posted 16 January, 2013 Share Posted 16 January, 2013 http://www.portsmouth.co.uk/sport/pompey/why-a-nomadic-training-ground-existence-doesn-t-bother-guy-1-4684290 That's alright then. It was absolutely fine 25 years ago to train at random 3rd rate facilities, so it will be perfectly fine in 2013. I mean, it's not like much has changed in football since '89, has it? Crickey, I almost feel some sympathy for the poor fools that they have on their books. Almost... Link to comment Share on other sites More sharing options...
trousers Posted 16 January, 2013 Share Posted 16 January, 2013 http://www.pompeytrust.com/index.php?option=com_content&view=article&id=497%3Atrust-looks-to-reinforce-links-with-express-fm&catid=34%3Ademo-category Link to comment Share on other sites More sharing options...
trousers Posted 16 January, 2013 Share Posted 16 January, 2013 http://www.portsmouth.co.uk/sport/pompey/roko-offer-pompey-training-home-1-4684288 In a world where "Once bitten, twice shy" doesn't apply... We have a long history with Pompey and working as a partnership.‘We’ve provided them with pitches to use. They also have use of Roko’s gym and swimming pool. ‘When the club has gone into administration in the past we have taken hits and written money off – but we want to help the club out. ‘We are more than happy to support the club. After all, we are part of the local community. Link to comment Share on other sites More sharing options...
Gemmel Posted 16 January, 2013 Share Posted 16 January, 2013 Here's how I see it: Robinson had put together a "buy & lease back" deal that had some kind of clause that would let him evict his tenants at some time. The Trust were happy with that. They'll sign anything 'coz it's Trust or Bust after all, innit? But somebody, probably Birch or Chainrai, rumbled it, and Robinson walked. He (a Spurs fan) was never interested in being the long term landlord. He was banking on them not being able to afford to buy it back, leaving him free after five years to do what he wanted with it. They know, after three years of being bankrupt, that nobody else is going to step up and buy the ground for them on terms that weren't acceptable to Robinson. So their choices were: 1. That's it, we're fooked, or; 2. That's brilliant, now we can try and buy FP for ourselves. They've got 2 weeks to come up with another five million quid, or else they will own the phoenix club playing somewhere else and FP wil be a development site. I can buy all of that......But why has he walked away from the deal? It is a lot of cash for a developer to tie up without any short term returns, but what happened from agreeing the deal to postponing the court case....... Link to comment Share on other sites More sharing options...
hutch Posted 16 January, 2013 Share Posted 16 January, 2013 (edited) But why has he walked away from the deal? He saw it as a "five year then cash in" deal. Somebody else didn't. When the loophole was closed he walked. It wasn't really a huge sum to tie up short term. The potential gains in commercial property from rock bottom over the next five years will be quite attractive. edit: Sorry I didn' really answer your point. I think he stuck the original deal (with the get-out clause) with the Trust, but when it came time to agree final terms with Birch and/or Chainrai, it was kicked out. Edited 16 January, 2013 by hutch Link to comment Share on other sites More sharing options...
fanimal Posted 16 January, 2013 Share Posted 16 January, 2013 REL have not walked; as I said before they are banking on getting FP on the cheap; marry it with the Miland car park and you have a 'planning unit' that PCC will then deal with, they do not want the sites in isolation. Tesco are there to do a store on stilts (like Fareham) that is compliant with their strategy/format, and will either buy or lease. REL will not have the money to develop or have it any where near pre funded yet its too vague. You are talking 3- 4 years until any profit is realised. PFC do not have that amount of time, 3-4 weeks more like!! Link to comment Share on other sites More sharing options...
Fitzhugh Fella Posted 16 January, 2013 Author Share Posted 16 January, 2013 Tesco want to turn the land into pastures so their horses can graze in comfort. Link to comment Share on other sites More sharing options...
Pedro Posted 16 January, 2013 Share Posted 16 January, 2013 Wondering if Tesco will do something similar to Dorchester Town if the site is large enough. Link to comment Share on other sites More sharing options...
chocco boxo Posted 16 January, 2013 Share Posted 16 January, 2013 Wondering if Tesco will do something similar to Dorchester Town if the site is large enough. How the hell can you mention Dorchester Town and the Skates in the same breath!!! Dorchester are by far a bigger better supported club etc Link to comment Share on other sites More sharing options...
Chez Posted 16 January, 2013 Share Posted 16 January, 2013 http://www.portsmouth.co.uk/sport/pompey/roko-offer-pompey-training-home-1-4684288 In a world where "Once bitten, twice shy" doesn't apply... to be fair, who else is going to be hiring out pitches Monday to Friday 9am-12am? I can see why they've chosen to put the previous hits to one side. Link to comment Share on other sites More sharing options...
Chez Posted 16 January, 2013 Share Posted 16 January, 2013 Tesco want to turn the land into pastures so their horses can graze in comfort. made me chuckle... Link to comment Share on other sites More sharing options...
Pamplemousse Posted 16 January, 2013 Share Posted 16 January, 2013 http://www.portsmouth.co.uk/sport/pompey/webchats 13:48 Comment From Corporate Ho My friend who I see socially every couple of weeks says Tesco has bought the land surrounding Fratton Park, is this true do you know? :lol: Link to comment Share on other sites More sharing options...
COMEONYOUREDS Posted 16 January, 2013 Share Posted 16 January, 2013 pretty sure in the beginning of all this we joked about fatpipes becoming a tesco.. and now its actually happening. hilarious! Link to comment Share on other sites More sharing options...
Pamplemousse Posted 16 January, 2013 Share Posted 16 January, 2013 [TABLE=width: 576] [TR] [TD=class: chatmsgtime, bgcolor: #F6F6F6]3:57 [/TD] [TD=class: chatmsgtext viewer_text][TABLE=width: 504] [TR] [TD][/TD] [TD]Comment From Paul If we were inthe promotion race next season we could expect 15,000 plus crowds[/TD] [/TR] [/TABLE] [/TD] [/TR] [/TABLE] [TABLE=width: 576] [TR] [TD=class: chatmsgtime, bgcolor: #F6F6F6]13:58 [/TD] [TD=class: chatmsgtext altcaster_text][TABLE] [TR] [TD][/TD] [TD]Steve: I don't doubt that at all. If there was a bit of momentum and a bit of optimism, fans would come flooding back and we'd see 18000+. A lot of people are just sick and tired of all the goings on. They just want to see their club play football and not have to be financial experts.[/TD] [/TR] [/TABLE] [/TD] [/TR] [/TABLE] Link to comment Share on other sites More sharing options...
Joe Kirkup Posted 16 January, 2013 Share Posted 16 January, 2013 [TABLE=width: 578] [TR] [TD=class: chatmsgtext viewer_text][TABLE=width: 506] [TR] [TD][/TD] [TD]Comment From PTID @the_lock_man - there's money around to be spent on the important things, like better players. We can put of the creditors again (we've done it before and they are prepared to wait - in fact they would have no choice) or use the PST pledges and just rent Fratton for a peppercorn rent.[/TD] [/TR] [/TABLE] [/TD] [/TR] [/TABLE] Own up Link to comment Share on other sites More sharing options...
Torres Posted 16 January, 2013 Share Posted 16 January, 2013 Own up Link to comment Share on other sites More sharing options...
tony13579 Posted 16 January, 2013 Share Posted 16 January, 2013 Tesco want to turn the land into pastures so their horses can graze in comfort. Say NEYYYY to Tescos.. Link to comment Share on other sites More sharing options...
Lazlo78 Posted 16 January, 2013 Share Posted 16 January, 2013 Link to comment Share on other sites More sharing options...
trousers Posted 16 January, 2013 Share Posted 16 January, 2013 [TABLE=width: 576] [TR] [TD=class: chatmsgtime, bgcolor: #F6F6F6]3:57[/TD] [TD=class: chatmsgtext viewer_text][TABLE=width: 504] [TR] [TD][/TD] [TD]Comment From Paul If we were inthe promotion race next season we could expect 15,000 plus crowds[/TD] [/TR] [/TABLE] [/TD] [/TR] [/TABLE] [TABLE=width: 576] [TR] [TD=class: chatmsgtime, bgcolor: #F6F6F6]13:58[/TD] [TD=class: chatmsgtext altcaster_text][TABLE] [TR] [TD][/TD] [TD]Steve: I don't doubt that at all. If there was a bit of momentum and a bit of optimism, fans would come flooding back and we'd see 18000+. A lot of people are just sick and tired of all the goings on. They just want to see their club play football and not have to be financial experts.[/TD] [/TR] [/TABLE] [/TD] [/TR] [/TABLE] League One or League Two promotion race? Link to comment Share on other sites More sharing options...
SaintRichmond Posted 16 January, 2013 Share Posted 16 January, 2013 pretty sure in the beginning of all this we joked about fatpipes becoming a tesco.. and now its actually happening. hilarious! A Tesco + A Football Club .... not quite so hilarious Link to comment Share on other sites More sharing options...
SaintRichmond Posted 16 January, 2013 Share Posted 16 January, 2013 [TABLE=width: 576] [TR] [TD=class: chatmsgtime, bgcolor: #F6F6F6]3:57 [/TD] [TD=class: chatmsgtext viewer_text][TABLE=width: 504] [TR] [TD][/TD] [TD]Comment From Paul If we were inthe promotion race next season we could expect 15,000 plus crowds[/TD] [/TR] [/TABLE] [/TD] [/TR] [/TABLE] [TABLE=width: 576] [TR] [TD=class: chatmsgtime, bgcolor: #F6F6F6]13:58 [/TD] [TD=class: chatmsgtext altcaster_text][TABLE] [TR] [TD][/TD] [TD]Steve: I don't doubt that at all. If there was a bit of momentum and a bit of optimism, fans would come flooding back and we'd see 18000+. A lot of people are just sick and tired of all the goings on. They just want to see their club play football and not have to be financial experts.[/TD] [/TR] [/TABLE] [/TD] [/TR] [/TABLE] Joke .... when have they EVER been financial experts ....... Financial Shysters more like Link to comment Share on other sites More sharing options...
rooney Posted 16 January, 2013 Share Posted 16 January, 2013 How the hell can you mention Dorchester Town and the Skates in the same breath!!! Dorchester are by far a bigger better supported club etc Better Stadium too. Link to comment Share on other sites More sharing options...
Crab Lungs Posted 16 January, 2013 Share Posted 16 January, 2013 crabby...this was my favourite LOL hows that huge potential getting on in securing a rich owner........oh Absolutely.... Still deluded as well, all these years on Link to comment Share on other sites More sharing options...
eling-saint Posted 16 January, 2013 Share Posted 16 January, 2013 Civil war could about to break out on POL. Recent PST statement about rebuilding links with expressfm and in particular a couple of presenters has sent Pompeyscot into a tail spin. Now a poster has called him a **** stirrer! I think a burning at the stake is on the cards for questioning the mighty one! Link to comment Share on other sites More sharing options...
TopGun Posted 16 January, 2013 Share Posted 16 January, 2013 Civil war could about to break out on POL. Recent PST statement about rebuilding links with expressfm and in particular a couple of presenters has sent Pompeyscot into a tail spin. Now a poster has called him a **** stirrer! I think a burning at the stake is on the cards for questioning the mighty one! One more poster banned then in the Democratic Republic of POL. Link to comment Share on other sites More sharing options...
anothersaintinsouthsea Posted 16 January, 2013 Share Posted 16 January, 2013 Civil war could about to break out on POL. Recent PST statement about rebuilding links with expressfm and in particular a couple of presenters has sent Pompeyscot into a tail spin. Now a poster has called him a **** stirrer! I think a burning at the stake is on the cards for questioning the mighty one! Pompeyscot seems like such a drama queen. Link to comment Share on other sites More sharing options...
hypochondriac Posted 16 January, 2013 Share Posted 16 January, 2013 Pompeyscot seems like such a drama queen. Understatement. He is the wettest of wet fannies. Link to comment Share on other sites More sharing options...
Lambert1979 Posted 16 January, 2013 Share Posted 16 January, 2013 He should join the Chelsea in match thread on the main board..... Link to comment Share on other sites More sharing options...
St Chalet Posted 16 January, 2013 Share Posted 16 January, 2013 He should join the Chelsea in match thread on the main board..... What a difference a half makes! Link to comment Share on other sites More sharing options...
Crab Lungs Posted 16 January, 2013 Share Posted 16 January, 2013 wtfiln Link to comment Share on other sites More sharing options...
The Kraken Posted 16 January, 2013 Share Posted 16 January, 2013 Civil war could about to break out on POL. Recent PST statement about rebuilding links with expressfm and in particular a couple of presenters has sent Pompeyscot into a tail spin. Now a poster has called him a **** stirrer! I think a burning at the stake is on the cards for questioning the mighty one! Scumfinder General has blown a head gasket now that he's seen the besmirchment of his intrepid leader. Maybe you should find out before shooting your mouth off then FFS!!!! If you don't like it then don't let us stop you going elsewhere, with comments like yours you wouldn't be missed!! You have a nerve suggesting Bill is a sh*tstirrer when so many of your posts are controversial at best, argumentative and a wind up at worst. I've seen very little of your posts that are constructive or of reasonable debate, if anyone is a fly in the ointment on here at present it's you. If you took the trouble to find things out before mouthing off, you'd know a lot more about Pompeyscot, about what he has done in the past for the Trust, what he has done for the Fans Conference. If I didn't know better I'd say you were a scummer, but your only saving grace at the moment is the fact that I think you're not - you'd be off this board quicker than you could say red and white stripes if you were! Mind you, the defence you gave to Howard being called a scummer was quite interesting. He really seems to have little other meaning to his life than banning people from POL for being (in his eyes at least) a scummah. Link to comment Share on other sites More sharing options...
Tokyo-Saint Posted 16 January, 2013 Share Posted 16 January, 2013 He really has a hard on for Taggart doesn't he. Link to comment Share on other sites More sharing options...
Joey-deacons-left-nut Posted 16 January, 2013 Share Posted 16 January, 2013 Their goal keeping coach has left the club. Link to comment Share on other sites More sharing options...
ottery st mary Posted 16 January, 2013 Share Posted 16 January, 2013 Their goal keeping coach has left the club. Is that because there are no goalkeepers left to coach.. Link to comment Share on other sites More sharing options...
St Chalet Posted 16 January, 2013 Share Posted 16 January, 2013 Agent Howard on SSN, "Pompey didn't deliver on promises" Link to comment Share on other sites More sharing options...
TopGun Posted 17 January, 2013 Share Posted 17 January, 2013 Their goal keeping coach has left the club. I look forward to the Allen spin, if it is reported. Link to comment Share on other sites More sharing options...
Waterside.saint Posted 17 January, 2013 Share Posted 17 January, 2013 I look forward to the Allen spin, if it is reported. "It was a mistake", Goebbels once said, "to conduct propaganda in such a way that it will stand up to critical examination of intellectuals". Quoted in Financial Times at http://freespace.virgin.net/christopher.arkell/london.miscellany/m35/spin.htm Link to comment Share on other sites More sharing options...
for_heaven's_Saint Posted 17 January, 2013 Share Posted 17 January, 2013 Scumfinder General has blown a head gasket now that he's seen the besmirchment of his intrepid leader. He really seems to have little other meaning to his life than banning people from POL for being (in his eyes at least) a scummah. Whenever I see quotes from POL I always imagine people like Frattoniser as Orcs from lord of the rings. Link to comment Share on other sites More sharing options...
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