Pompey Takeover Saga

[mack rill]

Is that 'invite' in the same way that people are 'invited' to help police with their inquiries?

 

No! not the Mr Plod feeling your Collier and asking if he can escort you to your own privet room, More like As you greased us up and gave us a rite royal shafting would you like to except our generous (brown bag) offer and help us screw Mr footyball.

[Dark Munster]

LOL Did you Pony Fiddlers pick up on the little tit bit last week that HMRC are going to invite AA and his bunch of (onist Jon's) to help them close the footyball loop hole, Now as we all know AA is chinnys *****, Do you think that might pave the way for a larger mound under the old carpet,

 

Yes we did. But after the FA's "head of football integrity" was hired as the new chief executive of Cheats FC (while in administration), nothing surprises us anymore.

 

No! not the Mr Plod feeling your Collier and asking if he can escort you to your own privet room, More like As you greased us up and gave us a rite royal shafting would you like to except our generous (brown bag) offer and help us screw Mr footyball.

 

Plenty of those have been offered by Cheats FC to key personnel in the FA, PL and FL, I'd wager.

[dubai_phil]

LOL Did you Pony Fiddlers pick up on the little tit bit last week that HMRC are going to invite AA and his bunch of (onist Jon's) to help them close the footyball loop hole, Now as we all know AA is chinnys *****, Do you think that might pave the way for a larger mound under the old carpet,

 

It all depends on how tightly HMRC have a hold of AA's nuts.

[mack rill]

Yes we did. But after the FA's "head of football integrity" was hired as the new chief executive of Cheats FC (while in administration), nothing surprises us anymore.

 

 

 

Plenty of those have been offered by Cheats FC to key personnel in the FA, PL and FL, I'd wager.

 

Bingo! and there you ave-it Mr Darkest of Munster everything in our beautiful game is more or less corrupt,FFs even the world cup comity are offering there vote to the biggest back hander.

[Kingsbridge Saint]

Dark forces are consuming football in the UK. Pompeys continued existence is proof of it. Every Pompey goal shames English football, every Pompey win drags it further into the abyss.

[eurosaint]

Dark forces are consuming football in the UK. Pompeys continued existence is proof of it. Every Pompey goal shames English football, every Pompey win drags it further into the abyss.

 

And it p#sses me off as well !!

[saint lard]

From one of todays red tops.......

 

But Hong Kong-based businessman Balram Chainrai - their fourth owner in a year - still has to submit monthly financial reports for monitoring.

And, while Pompey boss Steve Cotterill has overseen a fine run of six wins and a draw in seven games, storm clouds continue to gather over Fratton Park.

 

 

Read more: http://www.thesun.co.uk/sol/homepage/sport/football/3214342/Jim-Pompey-need-a-new-home.html#ixzz14UQdDAgj

[angelman]

"It's such a shame because those supporters have been fantastic and you hate to see the plight they've been in.

 

"It seems obvious to say - and they aren't alone in this - but they've been spending money they haven't got.

 

"How can a club that has recently won the FA Cup be on the verge of bankruptcy?

 

"Portsmouth are very similar to Derby as both have been in the Premier League recently.

 

"But not having a new stadium has been a major problem for them.

 

"The money it generates gives a club impetus to maintain a stay in the top division.

 

Smith doesn't really get it does he. Fantastic supporters blah blah blah weren't complaining when splashing the cash. Asking how a recent FA Cup and near bankruptcy in such a short time, shows that football men really should stick to what happens on the pitch. But I do love the bit about a new stadium generating money. Smith might be looking at us and our increased gates, but there is no point in building a new stadium if you can't fill your existing one.

[Kingsbridge Saint]

And if they had invested in the stadium they would have been off the radar on the pitch. Smith hasn't got a clue. Was a cock at Pompey and is a cock now.

[sfcuk fan]

http://www.thesun.co.uk/sol/homepage/sport/football/3196323/Fresh-blow-for-Portsmouth.html

 

This bit amazes me ?????

 

Joe Public on an IVA is unable to borrow more than £500 without express consent from the insolvency people. So how can Chainrai suddenly borrow to support a company fresh out of administration and still subject to an iva ???

 

Stinks !

[benjii]

Fishy ****ing ****s.

 

2-0

 

 

**** off.

[JackFrost]

Fishy ****ing ****s.

 

2-0

 

 

**** off.

 

That's the first time I've supported Derby in a long time. Hopefully the bubble has burst and QPR will pile on the misery on Tuesday

[saintjay77]

That's the first time I've supported Derby in a long time. Hopefully the bubble has burst and QPR will pile on the misery on Tuesday

 

The form QPR are in at the mo I can see a nice little confidence bashing on the cards.

 

I find it funny how so many football people think it's good how Pompey have got past their problems as they don't want to see a team go out of business and in the next breath talk about how strong a squad Pompey have that will be pushing for automatic promotion. It's like they condone them splashing cash they never had in order to beat them in the league. Football people ain't that bright are they? LOL

[Dark Munster]

From one of todays red tops.......

 

But Hong Kong-based businessman Balram Chainrai - their fourth owner in a year - still has to submit monthly financial reports for monitoring.

And, while Pompey boss Steve Cotterill has overseen a fine run of six wins and a draw in seven games, storm clouds continue to gather over Fratton Park.

 

 

Read more: http://www.thesun.co.uk/sol/homepage/sport/football/3214342/Jim-Pompey-need-a-new-home.html#ixzz14UQdDAgj

 

"Former gaffer Smith reckons Pompey's failure to build a new ground is the REAL reason for their dodgy finances."

 

So it has nothing to do with Storrie-Teller, The Ice Cream Dr., Al Mirage, Son of Gun Runner, Saggy Chops, BC and his sidekick the Android, and scores of footballers being paid wages that Cheats FC couldn't afford even if at half the amount?

 

Instead, the only reason for their dodgy finances is not building this?

 

[suewhistle]

Perhaps we should have a small cadre of Saints fans going to their away matches to teach the home fans a few songs, such as

'Fratton Park is a future block of flats, future block of flats, future block of flats...' Plus a few discussions in the pub to point out a few obvious financial facts...

[suewhistle]

Perhaps we should have a small cadre of Saints fans going to their away matches to teach the home fans a few songs, such as

'Fratton Park is a future block of flats, future block of flats, future block of flats...' Plus a few discussions in the pub to point out a few obvious financial facts...

[rallyboy]

that stadium design doesn't get any less mad with time.

Apart from the compulsory purchase of £100M of harbour front property and £30M of naval dockyard, the re-siting of HMS Warrior, the Gosport Ferry pontoon, reclaiming a square mile of the sea, and an upgrade to the rail station and the building of an entirely new road system - the idea was great.

Approx total cost - £750M?

 

That's what makes it so funny, other clubs have dreams of a promotion or cup run, but not down the road - it's all Maradona, Eto, arabs with billions, the world cup coming to Portsmouth, the harbourfront superdome and the club being solvent and mid-table by Christmas - it's all pure fantasy.

[rallyboy]

that stadium design doesn't get any less mad with time.

Apart from the compulsory purchase of £100M of harbour front property and £30M of naval dockyard, the re-siting of HMS Warrior, the Gosport Ferry pontoon, reclaiming a square mile of the sea, and an upgrade to the rail station and the building of an entirely new road system - the idea was great.

Approx total cost - £750M?

 

That's what makes it so funny, other clubs have dreams of a promotion or cup run, but not down the road - it's all Maradona, Eto, arabs with billions, the world cup coming to Portsmouth, the harbourfront superdome and the club being solvent and mid-table by Christmas - it's all pure fantasy.

[JackFrost]

that stadium design doesn't get any less mad with time.

Apart from the compulsory purchase of £100M of harbour front property and £30M of naval dockyard, the re-siting of HMS Warrior, the Gosport Ferry pontoon, reclaiming a square mile of the sea, and an upgrade to the rail station and the building of an entirely new road system - the idea was great.

Approx total cost - £750M?

 

That's what makes it so funny, other clubs have dreams of a promotion or cup run, but not down the road - it's all Maradona, Eto, arabs with billions, the world cup coming to Portsmouth, the harbourfront superdome and the club being solvent and mid-table by Christmas - it's all pure fantasy.

 

If Peter Storrie was still doing their accounts I suspect it would be merely "push the boat out just a little"

[JackFrost]

that stadium design doesn't get any less mad with time.

Apart from the compulsory purchase of £100M of harbour front property and £30M of naval dockyard, the re-siting of HMS Warrior, the Gosport Ferry pontoon, reclaiming a square mile of the sea, and an upgrade to the rail station and the building of an entirely new road system - the idea was great.

Approx total cost - £750M?

 

That's what makes it so funny, other clubs have dreams of a promotion or cup run, but not down the road - it's all Maradona, Eto, arabs with billions, the world cup coming to Portsmouth, the harbourfront superdome and the club being solvent and mid-table by Christmas - it's all pure fantasy.

 

If Peter Storrie was still doing their accounts I suspect it would be merely "push the boat out just a little"

[Whitey Grandad]

The Navy vetoed it anyway. They didn't want our carriers bumping into it, if we ever get them.

[mack rill]

The Navy vetoed it anyway. They didn't want our carriers bumping into it, if we ever get them.

 

The only new carriers in the dock yard will be apprentice Hod carriers fixing the roof,

[Give it to Ron]

Mack rill

 

You seem ok for a Skate but what do you think of the latest farce eminating from your club....as they have stripped down everything to bare bones they now need to ramp things up with Chanrai now the owner and are sending out requests to clubs asking them to become feeder clubs? True ....my nippers club in Winchester got one.

[anothersaintinsouthsea]

that stadium design doesn't get any less mad with time.

Apart from the compulsory purchase of £100M of harbour front property and £30M of naval dockyard, the re-siting of HMS Warrior, the Gosport Ferry pontoon, reclaiming a square mile of the sea, and an upgrade to the rail station and the building of an entirely new road system - the idea was great.

Approx total cost - £750M?

 

That's what makes it so funny, other clubs have dreams of a promotion or cup run, but not down the road - it's all Maradona, Eto, arabs with billions, the world cup coming to Portsmouth, the harbourfront superdome and the club being solvent and mid-table by Christmas - it's all pure fantasy.

 

Rubbish, Corp Ho argued very convincingly at the time that the Toilet Bowl would more than pay for itself.

[suewhistle]

(Portsmouth) are sending out requests to clubs asking them to become feeder clubs? True ....my nippers club in Winchester got one.

 

Can you give us a clue what the reply was?

[Dark Munster]

Rubbish, Corp Ho argued very convincingly at the time that the Toilet Bowl would more than pay for itself.

 

In fairness, if they were to charge 50p per flush, according to rallboy's estimates they would only need about 1.5 billion dumps to break even.

[rallyboy]

Did you say they were flush??

Has another arab sailed in?

[Give it to Ron]

Can you give us a clue what the reply was?

 

Well as the chairman is an avid Saints fan and ST holder what do you think it was ;-)

[mack rill]

Well as the chairman is an avid Saints fan and ST holder what do you think it was ;-)

 

yer! wot a crackin idea

[Kingsland Red]

Mack rill

 

....my nippers club in Winchester got one.

 

I'm secretary of Winchester Youth FC and can confirm I received the letter.

it was not to be a feeder club but to recommend them players. As we have a steady stream of players going to Reading, Saints and Pompey ( and back again!) it was to advise that they have recommenced their youth set up.

[JackFrost]

I'm secretary of Winchester Youth FC and can confirm I received the letter.

it was not to be a feeder club but to recommend them players. As we have a steady stream of players going to Reading, Saints and Pompey ( and back again!) it was to advise that they have recommenced their youth set up.

 

or Chainrai's wallet could do with a bit of filling up and they're trying to find youngsters good enough to play in the Pompey first team after the January transfer window

[PES]

I'm secretary of Winchester Youth FC and can confirm I received the letter.

it was not to be a feeder club but to recommend them players. As we have a steady stream of players going to Reading, Saints and Pompey ( and back again!) it was to advise that they have recommenced their youth set up.

 

Thanks for bringing some honesty Kingsland, but in responce to others on here, clearly they too have a point, which is succinct and on message, How dare Pompey look to bring in good young local players! Maybe we should stick to buying in the football elites cast-offs on 60K a week? Good grief some consistency wouldn't go amiss.

[EastleighSoulBoy]

Thanks for bringing some honesty Kingsland, but in responce to others on here, clearly they too have a point, which is succinct and on message, How dare Pompey look to bring in good young local players! Maybe we should stick to buying in the football elites cast-offs on 60K a week? Good grief some consistency wouldn't go amiss.

 

A genuine cider @ the monitor moment.

 

How on earth would anybody from turd town recognise honesty after the outporings from Storrie et al these past few years?

[suewhistle]

Well as the chairman is an avid Saints fan and ST holder what do you think it was ;-)

 

What I suspected and was certainly hoping for!:-) Basic commonsense as well!!

[suewhistle]

Yes PES, but where would they train, what is the set-up like? Will Pompey pay the University for the use of their facilities this month (or pay them 20p in the pound?), will the coaches be sacked next? We have consistently said here that you should have played your younger reserve team players instead of loaning them out and bringing in others you can't afford. Our team's approach has been to invest in youth and use them as well when the financial going got tough. Perhaps you might understand now why anybody approached now is going to be a bit cynical if not rude, and if it were a choice of recommending a player to a team Pompey are going to be last on the list.

[dronskisaint]

Yes PES, but where would they train, what is the set-up like? Will Pompey pay the University for the use of their facilities this month (or pay them 20p in the pound?), will the coaches be sacked next? We have consistently said here that you should have played your younger reserve team players instead of loaning them out and bringing in others you can't afford. Our team's approach has been to invest in youth and use them as well when the financial going got tough. Perhaps you might understand now why anybody approached now is going to be a bit cynical if not rude, and if it were a choice of recommending a player to a team Pompey are going to be last on the list.

 

Nail on head....you'd need extra digits on your hands, a PO code or a frontal lobotomy to want your child to go anywhere near them.

[sidthesquid]

Nail on head....you'd need extra digits on your hands, a PO code AND a frontal lobotomy to want your child to go anywhere near them.

[tony13579]

http://www.mirrorfootball.co.uk/news/Portsmouth-v-QPR-Neil-Warnock-insists-Pompey-are-the-best-team-in-the-Championship-with-the-likes-of-Liam-Lawrence-and-Dave-Kitson-in-their-ranks-article624751.html

Neil Warnock has claimed mega-rich QPR could not compete with bankrupt Portsmouth for loan signings over the summer.

 

And the Rangers boss reckons Steve Cotterill has the best team in the Championship.

 

The Fratton Park club went into administration last season under over £100m worth of debt and were hit with a transfer embargo.

 

But they could still afford to bring in Premier League players Liam Lawrence and Dave Kitson on loan from Stoke. Championship leaders QPR are owned by billionaire Lakshmi Mittal, Bernie Ecclestone and Flavio Briatore.

 

And before tomorrow’s clash on the South Coast, Warnock said:

 

“There’s been a lot of talk about Portsmouth being in administration but I think their starting XI is the best in the Championship, including Cardiff and ourselves.

 

“Wages wise as well they are the most expensive in the league. Good luck to them if they can pay the wages. We looked at Kitson and people like Lawrence but we couldn’t afford them.

 

“But I am going to get into that. I was slaughtered by Leicester fans a few years ago when I said it shouldn’t happen when they kept all their good players.”

[rpb]

Well there's a surprise (not)...

 

http://www.mirrorfootball.co.uk/news/Portsmouth-were-brought-to-the-brink-of-extinction-by-a-mystery-Arab-owner-who-did-not-exist-article624799.html

[saintjay77]

Well there's a surprise (not)...

 

http://www.mirrorfootball.co.uk/news/Portsmouth-were-brought-to-the-brink-of-extinction-by-a-mystery-Arab-owner-who-did-not-exist-article624799.html

 

TBF, its about time the press started reporting some of the truths associated with Pompey. Too many papers and fans tow the line of poor old pompey and think they were unfortunate to be in this position.

 

Warnock is the 1st manager to come out and say about the squad and wages at Pompey too. I know he praised them for not going bust a few weeks back and putting my football fan head on I can agree with him. It doesnt make it right to carry on cheating though.

 

Maybe the tide will finally turn?

[benjii]

http://www.mirrorfootball.co.uk/news/Portsmouth-v-QPR-Neil-Warnock-insists-Pompey-are-the-best-team-in-the-Championship-with-the-likes-of-Liam-Lawrence-and-Dave-Kitson-in-their-ranks-article624751.html

 

Sums up in a nutshell for all the PFC dinlos who still don't get it why they are sullying and degrading every competition they touch.

[Jimmy_D]

So if the CVA says they owe money to a bloke that doesn't exist, is it still valid?

[saintjay77]

So if the CVA says they owe money to a bloke that doesn't exist, is it still valid?

 

Did the CVA inlude Al Faraj in it? I thougt the money from Al Faraj came from Sasha and Baloo

[benjii]

No, no. This is all above board.

 

Chanrai's previous connections with the Gaydamaks are just a coincidence.

[St Chalet]

It does make you wonder what you have to do fail the FAPT

[Matthew Le God]

It does make you wonder what you have to do fail the FAPT

 

I think it is basically just a criminal record check at the moment.

 

You would think however the first question should be...

 

1) Do the prospective owners exist?

 

http://www.mirrorfootball.co.uk/news/Portsmouth-were-brought-to-the-brink-of-extinction-by-a-mystery-Arab-owner-who-did-not-exist-article624799.html

 

Really does make a mockery of the whole thing and quite pointless having them if they don't stop this happening.

 

Neil Warnock's comments at the end of the article are also interesting.

[dubai_phil]

Well there's a surprise (not)...

 

http://www.mirrorfootball.co.uk/news/Portsmouth-were-brought-to-the-brink-of-extinction-by-a-mystery-Arab-owner-who-did-not-exist-article624799.html

 

ORLY?

 

Let's score another "Told You So" for D_P then.

 

Thanks, I feel better after that. Back to mundaneness now though

[Faz]

Sadly for true Pompey fans I don't think we're at the edn of this saga. Not even the beginning of the end. Perhaps the end of the beginning.

 

With tax evasion charges still to be brought, and Stories admission that it was Daddy Gayboys money after all, and now this; there's plenty of mileage left yet.

 

We know the administration was out of funds last month, so Chinnery must be funding them to the end of the season as their gate receipts can't cover outgoings. January will be interesting.

[tony13579]

Hang on....

Ahmed al-Faraj dismissed claims that Ali al-Faraj was not making the decisions during his brief spell in charge at Portsmouth. Photograph: Phil Cole/Getty Images

 

Ahmed al-Faraj, the brother of Ali al-Faraj, the former owner of Portsmouth, has said the Saudi-based businessman was in total control of the club during his tenure, which began in October and ended at the start of last month.

 

Doubts have grown regarding the extent of Faraj's involvement with the financially stricken club and the degree of autonomy, as he never visited Portsmouth. There is a view on the south coast that a loosely connected group of businessmen, who knew each other from previous business dealings in Israel and which was led by Daniel Azougy, a convicted fraudster, were prominent in taking decisions during the period of Faraj's ownership.

 

Ahmed al-Faraj represented his brother on the board and attended many games. He was asked by the Guardian if Ali was the owner and took the executive decisions. Speaking publicly for the first time Ahmed Faraj said: "So who signed the documents with the Premier League and all the things with the banks if he is not the owner? My brother was the owner from 4 October 2009."

 

Pressed why Ali never visited the club, Ahmed said: "I think it is now finished. He is not owning the club any more so I don't think there is any interest in talking about the club or anything."

 

When it was suggested that there is confusion regarding Ali's involvement with Portsmouth and the situation at the club Ahmed referred the Guardian to Mark Jacob, his brother's solicitor during the period. "The right person to talk to is Mark Jacob because Mark Jacob at this time had the power of attorney of Ali," he said. "And he's the one who's the representative of Ali."

 

Jacob has since left Fuglers, the London-based legal firm, which acted for Ali. Asked what the precise involvement of his own involvement with Portsmouth was Ahmed said: "I don't have any involvement with the club. I'm like anyone who attended games."

So Mark Jacob signed documents for a non existant person with the PL? Both he and Fulgers should be reported to the Law Society?

[angelman]

From the Mirror article, I like Warnock's words....

 

Despite Portsmouth’s struggles Warnock claimed: “We couldn’t afford Dave Kitson and Liam Lawrence. Wages-wise their starting side is the league’s most expensive.”

 

Speaks volumes, I think, about how others within the game view Pompey, although Warnock is one of the more outspoken people in a fairly closed shop.