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Pompey Takeover Saga

Fitzhugh Fella

By Fitzhugh Fella,
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[TD]Comment From Davey K

I read last week that the Parachute Payments have increased by £4m which wasn't in the Trust's business plan. This is obviously great news but should the Trust use some of it to increase the CVA offer as a goodwill gesture to the creditors? After all, they weren't planning on having this extra £4m so what a great PR move it would be to offer it to the creditors[/TD]

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[TD]Neil:

Nice idea. However, loans from the council and Stuart Robinson have to be paid first in August. Also the PFA need paying.

Unfortunately there isn't enough for everyone - and I know plenty of creditors. Some are my friends.[/TD]

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The man has missed the point.... this £4m is "new" money, isn't it?

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Big Bad Bob

Big Bad Bob

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[TD]Comment From Christopher

I've seen Micah Hall has said he needs £50,000 to defend himself. How can we help this Portsmouth FC hero?[/TD]

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[TD]Neil:

There was an article about this in yesterday's News. It has details of how you can contribute to the fund at the bottom of it.

http://www.portsmouth.co.uk/sport/pompey/fans-start-fighting-fund-for-under-fire-blogger-1-4847361

Am told almost £2,000 raised since its launch over the weekend. Clearly there are people who respect Mike's work.[/TD]

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£2k!! and I suspect it won't go much further than that...

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[TD]Comment From andygosneyeye

How much did you enjoy Saturday afternoon Neil?[/TD]

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[TD]Neil:

It was absolutely wonderful. Cannot comprehend why some fans couldn't enjoy that.

Smiles, I actually saw smiles! From fans, from players, from backroom staff. Even Kev the Kitman!

Forget who it was against - this is the level Pompey are at and after 23 winless matches it meant to the world to so, so many.[/TD]

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And some people think they haven't fallen far enough...

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[TD]Comment From Decent Bloke

Why don't the Trust call Chainrai's bluff, arrange to play fixtures away from Fratton Park for the next two years and take over the club NOW. Then, when he realises he has a stadium that he can't do anything with he will be biting the Trust's hand off to buy it back from him on the cheap.[/TD]

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[TD]Neil:

For me that would just prolong the agony. Portpin have to leave this club as soon as possible for it to be able to move forwards.

Arguing and fighting with them for the next few years would waste even more time.[/TD]

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[TD]Comment From Paul

so if the Judge says 4 million, PST can't afford it, what next, i think this is far from over yet or straight forward.[/TD]

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[TD]Neil:

Good question. In the past the Trust have said if they can't afford it the club will be liquidated.

However, the Trust will not reveal how much they have got in their kitty. Which, although frustrating, makes sense.[/TD]

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[TD]Comment From Mini in Horrabridge Devon

Neil If the court case is put back again and our season finishes on the 27th April, are we expelled from the football league? if so what division will we be expelled too and do you think this has been the FA and Premier leagues intention all along as they have given us no breathing room in any direction?[/TD]

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[TD]Neil:

That would seem to be the case. No club had start successive seasons in administration so it would be down to the Conference.

Incidentally, nobody can tell me the Conference wouldn't welcome Pompey. Think of the crowds and publicity boost it will bring that level - and the cash in the coffers![/TD]

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Conference....?! :lol: Dream on....

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[TD]Comment From Scottish Scott

Big respect Neil, what are your thoughts on fans saying Sat win at crewe was meaningless? certainly didnt feel meaningless to the 485 of us that made the trip. Was an amazing atmosphere.[/TD]

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[TD]Neil:

I found it offensive to be honest. I do wonder if the character who said that was still on Express FM he would have still aired exactly those views.[/TD]

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[TD]Comment From Eggy

Neil, can you confirm you have put in the full £1000 to the fund?[/TD]

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[TD]Neil:

This seems an obsession with Southampton fans. Pathetic really.

Anyhow, I am part of a syndicate involving the likes of Jordan Cross, Steve Bone, Howard Frost, Steve Wilson and Mark McMahon.

We are local media have backed the Trust and will continue to do so.[/TD]

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[TD]Comment From Phil OMac

I've got an idea to save the club lots of money: Let all our players go at the end of the season and then sign loads the week before the new season starts. That way we won't have to pay any wagees over the summer break. Genius![/TD]

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:lol:

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[TD]Comment From Tom

Can Portpin appeal the court decision if it doesn't go in their favour?[/TD]

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[TD]Neil:

That remains unclear. I have been told it is unlikely but, as ever, there is nothing solid in any of this.[/TD]

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#factlessallen

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Highfield Saint

Highfield Saint

Posted
Posted
Under The Packed Park Rule, 10,000 = 25,000 - so he is already 2.5 people.

 

When you consider that he is five times more passionate and bestest than fans of other teams, that gives us 12.5.

 

In direct comparison to his nearest rivals who all wave hankies (x4), boo their own side (x3), and who all leave before the end (x5), our lone pitch invader is now the equivalent of 750 fans of lesser clubs.

 

Assuming that these 750 pitch invaders are the result of two CVAs, the real figure of pompey faithful tearfully storming the play area at Crewe was approx 375,000.

 

I would also suggest that the portsmaths dept gets together with the portsmyth dept to tidy up the detail.

Crewe is so close to Manchester that I think we can safely say in future that the losing streak ended at Man Utd where 375,000 pompey fans stormed the Old Trafford pitch at the end.

 

It has been written, it is now fact.

No one can dispute it, even in a court of law.

 

Sometimes things just flow...

 

Very good indeed :)

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warsash saint

warsash saint

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[TD]Comment From Eggy

Neil, can you confirm you have put in the full £1000 to the fund?

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[TD]Neil:

This seems an obsession with Southampton fans. Pathetic really.

Anyhow, I am part of a syndicate involving the likes of Jordan Cross, Steve Bone, Howard Frost, Steve Wilson and Mark McMahon.

We are local media have backed the Trust and will continue to do so.

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I will own up!

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[TD]Comment From BLF

Neil - you seem to be avoiding questions on whether Portpin have the legal right to appeal the outcome of the court case or not. Is this because you don't know the answer or don't want to answer...?[/TD]

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[TD]Neil:

I have never disputed it. The fact is I do not know - and people close to it aren't certain either.[/TD]

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Big Bad Bob

Big Bad Bob

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[TD]Comment From EastMidsBlue

Neil - Mike Hall has done more to cleanse our beloved game of fraud and under-handed practices in the five years or so that he has been campaigning than the Football leagues has done in it's entire history. Do you know when the Queen's Birthday honour's nominations have to be in by ?[/TD]

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c'mon, own up

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[TD]Comment From Seed

Is it possible for a Portsmouth tax payer to challenge the loan from PCC?[/TD]

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[TD]Neil:

Why would a Southampton fan like you be interested? Bit sad aren't you.[/TD]

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Big Bad Bob

Big Bad Bob

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[TD]Comment From BLF

Neil - you seem to be avoiding questions on whether Portpin have the legal right to appeal the outcome of the court case or not. Is this because you don't know the answer or don't want to answer...?[/TD]

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[TD]Neil:

I have never disputed it. The fact is I do not know - and people close to it aren't certain either.[/TD]

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And yet he goes on to say :-

 

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[TD]Neil:

Portpin have to sell. It will be an order from the court.[/TD]

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#factlessallen

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[TD]Comment From MattyC

From the court papers I have seen there is no right of appeal for anybody. Even if there might be and Portpin did then the FL and PKF would simply say it was not possible else the club ceases to exisit. The court would not allow an appeal under those circumstances - but I repeat, I see no room for appeal in the documents I have read.[/TD]

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Erm...so the need to Pompey not to die usurps English law....? Riiiight.... :facepalm:

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[TD]Comment From Spudgun

Seeing as the PFA will have fallen behind Portsmouth City Council in the pecking order to be repaid by the trust should they buy the club, have the PFA ratified the PST as a buyer? Do the PFA have any power here?[/TD]

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[TD]Neil:

I am informed the PFA are now on-side with all of this. Obviously the adverse publicity at the time rather embarrassed them![/TD]

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Embarrassed for sticking up for their member's rights when incorrectly challenged in Parliament... More intimidation from the Pompey machine... followed by the capitulation of those daring to put their head above the parapet it would seem....

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[TD]Comment From Trevor Cole

Shame that 'Bernie' has all his facts wrong and thus only hass assumption and misplaced conjecture to try and discredit the PST bid. The truth is the PST bid will be successful and it will enable a Community Club with 51% min fan ownership. :lol:[/TD]

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hutch

hutch

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[TD]Comment From MattyC

From the court papers I have seen there is no right of appeal for anybody. Even if there might be and Portpin did then the FL and PKF would simply say it was not possible else the club ceases to exisit. The court would not allow an appeal under those circumstances - but I repeat, I see no room for appeal in the documents I have read.[/TD]

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Erm...so the need to Pompey not to die usurps English law....? Riiiight.... :facepalm:

i assume that only applies if Portpin want to appeal, but obviously not if it's PKF/PST that want to appeal?

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Chopper71

Chopper71

Posted
Posted
@NabilHassan79: RT @officialpompey Court date set to begin on April 10 or 11: http://t.co/VHt6wqDxZc #pompey

 

#factlessallen :lol:

 

Priceless that Allen knew nothing about this during the webchat just now

 

Get in - that leaves them with 3 games to go (maximum) before the end of the season, when almost certainly they will be already relegated - a 10 point deduction would be meaningless so I'm sure the FL will see sense and accept the abuse from the Phew that they've got it in for them (despite bending over backwards to keep them going all these years - any other members only club would have just expelled them years ago).

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Matthew Le God

Matthew Le God

Posted
Posted
Isn't 28th March the deadline to get the point deduction this season.

 

There is no set deadline in the Football League rules for diluting a failed CVA with a new CVA. It is not the same as what happened with Saints, which did have a cut off date. It is at the Football League's discretion what they do, but yes, it would be pointless to give them a points deduction in League One if they are already relegated to League Two.

 

-10 points in League Two would be the right thing to do, but who knows what the Football League will do...?

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trousers

trousers

Posted
Posted (edited)

@AshBeen23: Court case will begin April 10 or 11. Lets hope common sense prevails and it does not get that far

 

@MatthewLeGod: @AshBeen23 Common sense would have liquidated long ago a 3 times failed company that racked up £150m+ of debt including £40m+ to taxpayer.

 

@Walkthe9T2: @MatthewLeGod @AshBeen23 This sort of comment is why fans up and down the country think SFC are a nothing club where Pompey is loved. :facepalm:

 

@MatthewLeGod: @Walkthe9T2 Why is that? I don't represent the club. Imagine my comment was about any other business and it would be entirely reasonable.

 

@Walkthe9T2: @MatthewLeGod Football Clubs are not "any other business" which is why its customers are paying millions to save it.

 

I don't think they'll ever get it MLG...

 

"We're a football club ergo it's alright to diddle businesses, charities and the taxpayer out of c.£150m"

 

#sigh

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Chez

Chez

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[TD]Comment From Spudgun

Seeing as the PFA will have fallen behind Portsmouth City Council in the pecking order to be repaid by the trust should they buy the club, have the PFA ratified the PST as a buyer? Do the PFA have any power here?[/TD]

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[TD]Neil:

I am informed the PFA are now on-side with all of this. Obviously the adverse publicity at the time rather embarrassed them![/TD]

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Embarrassed for sticking up for their member's rights when incorrectly challenged in Parliament... More intimidation from the Pompey machine... followed by the capitulation of those daring to put their head above the parapet it would seem....

note factlessallen doesnt answer my question. Have they ratified the bid yes or no? Do they hold any power yes or no? Simple questions and a factless answer.

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suewhistle

suewhistle

Posted
Posted
Someone told me today, that there are 4 Skate players living in a rented house about 300 yards from me.

 

A house in multiple occupancy? An HMO, report to the council and H&S. Whilst they're at it you could probably point out that their place of work is also not up to normal hygiene, construction and fire standards..

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