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Pompey Takeover Saga


Fitzhugh Fella

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Bizarre article in the News today. A reporter goes up to the London offices to meet Dubov yet doesn't provide any quotes from him in the article. Interesting to know that CSI claim to collect all postings relevant to CSI on twitter and facebook. Wonder if they've worked out which ones are from Saints fans yet?

 

http://www.portsmouth.co.uk/sport/pompey/pompey-past/great-matches/pompey_owners_london_hq_1_3113422

 

A bizarre piece of journalism indeed.

 

Were Manchester City relegated in 1999?

 

In both seasons where the year 1999 featured (1998/1999 and 1999/2000), Manchester City won back-to-back promotions.

 

http://www.mcfc.co.uk/the-club/club-history

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Bizarre article in the News today. A reporter goes up to the London offices to meet Dubov yet doesn't provide any quotes from him in the article. Interesting to know that CSI claim to collect all postings relevant to CSI on twitter and facebook. Wonder if they've worked out which ones are from Saints fans yet?

 

http://www.portsmouth.co.uk/sport/pompey/pompey-past/great-matches/pompey_owners_london_hq_1_3113422

 

From the above....

One of the most interesting things that struck me was how he said his staff collect all the Twitter and Facebook mentions of CSI so he knows what they’re thinking and what they’re saying.

 

It's that old KGB training, I suppose. I think I'd be a little nervous about that. Is this why the phew are getting phewer? Perhaps they are being bundled away in the night to the Portsea gulag.

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A bizarre piece of journalism indeed.

 

Were Manchester City relegated in 1999?

 

In both seasons where the year 1999 featured (1998/1999 and 1999/2000), Manchester City won back-to-back promotions.

 

http://www.mcfc.co.uk/the-club/club-history

 

Very strange indeed.

 

In fact, Man City didn't plat at Notarf in 1999. They beat the Skates at their place in '99 and then drew with them at Notarf in '00, on their way (City's) to being promoted to the prem.

 

Incidentaly, the Skates almost relegated to L1 in the '98/'99 season, staying up only by goal difference.

 

Still, let's not let the facts get in the way of a positive spin article for Mr Dubov and the phew.

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even now as Cotterill is being regularly exposed as a failure, the spin and hype about last season continues.

 

He didn't perform a miracle with no funds, he took one of the most expensively assembled teams in the division and rather than competing for promotion as they should have done, he turned them into relegation survivors.

That spin can be filed alongside the stuff about Avram being a good coach.

 

And just to show how dim Clott and Lumpitt are, their suicidal quality over quantity plan that fell apart so hilariously last year is being repeated.

Not through the state of the business, or outside pressures, they actually discussed it, agreed, and chose to pursue this course - while the russians say they sat down with the manager pre-season and agreed this plan as well.

 

 

Anyway, bring on Avram please - his record will be just what they need, the league table never lies, and I can give my favourite prossie gags another airing.

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even now as Cotterill is being regularly exposed as a failure, the spin and hype about last season continues.

 

He didn't perform a miracle with no funds, he took one of the most expensively assembled teams in the division and rather than competing for promotion as they should have done, he turned them into relegation survivors.

 

And just to show how dim Clott and Lumpitt are, their suicidal quality over quantity plan that fell apart so hilariously last year is being repeated.

 

Its staggering, almost as if these skates have goldfish memories! Despite having a CVA agreement, with a £10k wage cap, they had the highest paid XI in the division last season and outbid premier league clubs for players, as highlighted by the likes of Mick McCarthy and Neil Warnock...

 

The skate news really are the slag to PFC, rolling out constant lies, PR and soviet propaganda to the phew, over and over again.

 

http://www.portsmouthfc.co.uk/LatestNews/news/Yaroslavl-Air-Crash-Text-To-Donate-2641.aspx

 

Love the bit "Money will be collected by Pompey Sports & Education Foundation who will then pass it on to the Russian charity"

 

Take clean (giro) money from the skates, quick clean through the laundry then bung a load of Rubles over to Russia?

 

Sorry skatez, but your reputation in this field is second to none, and bringing the Russian mafia on board can only cement this, with big, heavy, concrete boot style cement...

 

Maybe a bit of focus to the charities you 'collected' money for, some even were presented jumbo cheques on the pitch, only for the club to embezzle to f**king lot of it!

 

It is wrong to joke about an unfortunate incident such as this, however I cant help but wonder if the skates will rob the cash again, and I also wonder if they will be able to get anywhere near break even point due to about 800 or so turning up for it!

 

Oh, BTW, do they still owe us £35k and do they have academy status?

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It isn't a £10k wage cap. It is a £10k average wage for first team players.

 

 

 

Yes, they are in the same league as Saints under 18's.

 

 

So...to borrow a bit from Chin Strain's post on the previous page to highlight the wages debacle -

 

'How on earth do you reckon gates of 12 - 16k pay 2 strikers on £20k per week, a centre half on £36k a week and Varney and Norris on at least £12k a week, plus whatever Benjani is on (and bear in mind he said he was going to sign for Blackburn again in the summer - I guess you're paying him more money than they are). That's without bringing the likes of Halford into the equation.'

 

 

....then you have 5 players who have used £100k of your 110k budget and still have 6 left to pay out of the other £10k if the £10k average is to be maintained...but they don't use youngsters as we did when strapped for cash...so how...perhaps this is why they charge mascots for the privilege...half the P*mpey team obviously pay for the 'pleasure'....or else they aren't keeping to the agreement - which would be cheating....wouldn't it?!

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I didn't say they had kept to it. Just that it is meant to be an average across the squad, not a limit on individual wage packets.

 

Not meant to imply that you did - was just co-joining the two sets of figures to show both the impossibility of them keeping within the parameters required by the CVA and the income vs expenditure disparity highlighted from the previous page.

 

The word 'toast' has not been aired for a while but it's difficult (to my simple business-running mind anyway) to see how they can survive on the income that's available...maybe the Russians will support up to a degree but there seems little prospect that they'll be able to reach the required percentage dictated by UEFA to pay the wages out of gate income when this becomes law.

 

But then when have they ever complied with legal or moral niceties? The whole sewer of a club is forever tainted..I still think Blue Square in five years either by relegation or banishment.

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Not meant to imply that you did - was just co-joining the two sets of figures to show both the impossibility of them keeping within the parameters required by the CVA and the income vs expenditure disparity highlighted from the previous page.

 

The word 'toast' has not been aired for a while but it's difficult (to my simple business-running mind anyway) to see how they can survive on the income that's available...maybe the Russians will support up to a degree but there seems little prospect that they'll be able to reach the required percentage dictated by UEFA to pay the wages out of gate income when this becomes law.

 

But then when have they ever complied with legal or moral niceties? The whole sewer of a club is forever tainted..I still think Blue Square in five years either by relegation or banishment.

 

Now, I'm not an accountant or specialist in this area, nor would I ever want to defend the skates, but I don't believe it works that way!

 

The CVA doesn't restrict what they can and can't spend now, it only states how much has to be paid back to the creditors and when that money should be repaid - obviously in the case of the skates this timescale is as moveable as a woobly jelly, but that's fine because the [some might say made up] creditors named in the CVA all voted for this clause to be included in it, which is their own fault I guess!

 

I'm pretty sure the CVA doesn't really care how the money is paid back, whenever that may be, it is only concerned with the fact that it WILL be repaid. How the skates do that is up to them I guess. A prudent financial advisor would of course put expenditure limits in place to ensure there was enough cash left over after the running costs are taken out to pay the bill - I guess this is where the £10k average wage comes from. However, if a billionaire bought them [he he], then they would be free to spunk as much cash as they wanted on whatever they wanted, providing the CVA terms and payments were adhered to.

 

At the moment the skates ARE adhering to the terms of the CVA by paying nothing at all to anyone. The muppets voted that they could legally do that, and lo and behold they're taking the utmost advantage of it! Whether they have any intention of ever paying the money back remains to be seen!

 

I wonder how they're getting on deciphering the AA code and which sub £2k creditor is owed what, and who is going to cough up the reddies. It's all gone quiet on that front at the moment, but I'd bet my last pound that they haven't been paid yet!

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It isn't a £10k wage cap. It is a £10k average wage for first team players.

 

 

 

.

 

That's what it USED to be whilst they were in Administration. Now they are owned by the Ruskies it's no longer the case. If they want to pay someoen £100kpw they can (they won't of course).. the CVA is on track (it has to be paid back by a certain date)...

 

what happens now is anyone's guess....

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any wagecap and a common sense attitude to finance is nothing to do with the CVA, it's to keep the football authorities onside as they still want to see projections and budgets that make sense, all part of the post-admin agreements.

 

Lampitt's major role is presumably to make sure that his former colleagues accept any bonkers plans they submit.

 

So yes they can pay someone £100K a week.....but they'll find that their golden share has gone walkies pretty sharpish if they do.

 

Pompey also need to get into the little thing that other league clubs have to do - to file accounts.

And we don't mean a fantasy version as per the Premier League set, or the ones where you withold wages to manufacture a profit.

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Seeing that picture of stevie cap in hand reminds me of when they played chelsea, and afterwards he was bleating about how him and Villas Boas are gonna get some chelsea players on loan to nottarf...

 

then we signed Jack Cork!

 

http://www.dailyecho.co.uk/sport/saints/news/9289012.Fair_play_Saints_top_the_table/?ref=rss

 

they still havent got any control over the dreadful discipline situation, proudly racking up a staggering 27 cards in just 10 games, at more than 3x the rate of Saints, that really takes some effort.

 

This highlights the extreme parallels we now exist in. On one side we have an honest, hardworking group of players who work for each other, on the other side we have the worst disciplinary record in the league from an aging bunch of mercenary individuals...

 

but you then read some of the posts on the russian mafias facebook page from the bestests fans in da hole worldzz ™ and you realise they are not concerned at all with pride, decency or dignity, instead they come across as very cheap, desperate and needy.

 

well if CSI hadnt signed Erik,we would of not won yesterday! all raise Vladimir and Roman!

 

CSI best owners in the world! ;-)

 

How much do we need to pay in compensation to have steve cotteril removed, I'm prepared not to eat, pay the mortgage and sell my wife to help give you the money towards it, most other fans will do the same.

We really do want him to do well but you know when you know, this man just won't cut it managing the greatest club on the planet.

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Gotta be worthy of a caption competition surely?

 

cotterill.jpg

 

As he greeted his contact behind the groundsman's hut, Cotterill was heard to sing a few lines of his favourite song ... "brown paper packages tied up with string, these are a few of my favourite things".... :rolleyes:

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Gotta be worthy of a caption competition surely?

 

cotterill.jpg

 

In order to gain popularity amongst his squad,Steve demonstrated his preferred technique for foreplay...." Oi start off wiv a quick buttock fumble at the bus stop like..."

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4348 X £2 = £8696..... what's that, a day and a halfs wages for TBH???

 

After the costs attached to staging the game there can't have been much left. Probably would have been easier to stick a fiver in the post to them.

(Unless of course, and call me an old cynic, they wanted a friendly anyway in international week, and this way they dragged 4000 of the phew out to subsidise it and scored a few brownie points by doing their bit for charity.)

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After the costs attached to staging the game there can't have been much left. Probably would have been easier to stick a fiver in the post to them.

(Unless of course, and call me an old cynic, they wanted a friendly anyway in international week, and this way they dragged 4000 of the phew out to subsidise it and scored a few brownie points by doing their bit for charity.)

 

Ok Sid, you're a cynic... but you're probably right as well. Still they'll forget all about that when they start losing again after the international break & Clotterill complains that his players are tired because of their small squad.. and they deserve bonus points because they didn't have an international break as they were playing charity games!

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http://www.portsmouthfc.co.uk/LatestNews/news/Boss-Moved-by-Blues-Show-2648.aspx

 

Moving? With so many empty seats? :-/

 

It's a shame a bigger club couldn't offer a friendly to Rostov, tbh. :(

£2 a ticket and still only 4k attendance ! Also they had live commentry on the game on Portsmouth Live TV and when the game finished one of the commentators didnt realise the mike was still on and said "thank god thats over " !

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I assume they hoped that the club shop would take some money. If it was only £2 a ticket ,it raised 8k before any expenses! to fly the team over and hotels would have eaten much of the money if not all.

Crazy but that is Pompey for you.

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