They're still at it! Asking the FA for leeway to sell players outside of the transfer window. (BBC Sport - Football)

 

IMO, they shouldn't bend the rules for one club over the rest, but I find myself in two minds about PFC. On the one hand, i'd like them to reap what the sow and receive that winding-up order, but on the other, they're a club steeped in history and I think how it would feel if the Wanderer's approached a financial mess. Bet the Southern fucker's wouldn't give to shites. Fuck 'em, the sooner they're out of the EPL the better!

at least we keep out points (for now anyway)

 

cant see them putting up much of a fight until the end of the season now.

This could well turn out to be the shortest administration period in history. If the club's financial position is as bad as HMRC made out in court, the administrator could decide to fold the club. With only ?5mn plus FA Cup money to come in before the end of the season, I fail to see how a club with no money now can pay its current expenses. They only managed to pay the players by not paying tax. The administrator is bound by law not to allow the club to accrue any further debt, and also needs to be able to pay their own fee out of club funds. I can't see how they can, so they're not out of the woods yet.

Totally disagree.

 

The Administrator will obviously aim to reduce running costs - the biggest being players wages.

 

If the club goes into liquidation the players will lose all their outstanding wages (less whatever can be recovered from the liquidators) - so it is in their own financial interest to either agree to be sold quickly to other clubs (under the rules to allow this outside the transfer window), or to agree to tear up their contracts, or accept a drastically reduced weekly salary.

 

Once the massive wages are off Portsmouth books the club should be able to survive - particularly that most of their debt is to their current and past owners.

 

It would not surprise me one bit if one of them (eg Gaydamak) tries to buy them from the Administrator.

I reckon if the administrator can't find buyers for players they will be given away for bugger all.

 

Obviously can't just release them without paying up contracts.

 

Wouldn't be suprised it Pompey see a short period of time where they actually have no senior players on their books.

 

If they actually get to next season, I'd hate to think what quality of players they would start the season with.

Edited February 25, 201016 yr by HomerJay

I reckon if the administrator can't find buyers for players they will be given away for bugger all.

 

Obviously can't just release them without paying up contracts.

 

Wouldn't be suprised it Pompey see a short period of time where they actually have no senior players on their books.

 

If they actually get to next season, I'd hate to think what quality of players they would start the season with.

 

Hes a question thats been rasied in the office, now does all this effect Nuggent at Burnley, because in effect hes an asset of Portsmouth, is he still allowed to play for burnley or will that be up to the administrators

Anyone know of any Pompey fansites/forums?

Anyone know of any Pompey fansites/forums?

 

There you go

 

http://boards.footymad.net/forum.php?tno=424

Hes a question thats been rasied in the office, now does all this effect Nuggent at Burnley, because in effect hes an asset of Portsmouth, is he still allowed to play for burnley or will that be up to the administrators

 

David James nearly went to Stoke in January but the deal fell through because Stoke would not pay his total wages for the whole of the time that he would have been there for. I'm guessing therefore that Burnley are paying all of Nuggent's wages.

 

Therefore as long as Portsmouth exist (this includes Administration) they would have a contract with Burnley for them to pay his full salary for the length of the transfer period - If Portsmouth went bust though the contract would be void and Nuggent would become a free agent, with the FA holding his registration.

 

As I understand it though with Portsmouth going into Administration the Administrators would be able to sell any Portsmouth player with immediate effect - so I guess Nuggent could be sold to any club - Burnley or otherwise.

 

There is a rule whereby players can only play for two separate clubs in a season - but I guess this rule would not apply to players from a club going into Administration(?).

 

A more interesting question might be what happens to player?s Portsmouth have on loan themselves (O'Hara for instance). Portsmouth must have contractual obligations to other clubs (Spurs) to pay their wages, and I assume would have to honour these contracts, even though they must get shut of their own high wage contracted players themselves if they are to survive?

David James nearly went to Stoke in January but the deal fell through because Stoke would not pay his total wages for the whole of the time that he would have been there for. I'm guessing therefore that Burnley are paying all of Nuggent's wages.

 

Therefore as long as Portsmouth exist (this includes Administration) they would have a contract with Burnley for them to pay his full salary for the length of the transfer period - If Portsmouth went bust though the contract would be void and Nuggent would become a free agent, with the FA holding his registration.

 

As I understand it though with Portsmouth going into Administration the Administrators would be able to sell any Portsmouth player with immediate effect - so I guess Nuggent could be sold to any club - Burnley or otherwise.

 

There is a rule whereby players can only play for two separate clubs in a season - but I guess this rule would not apply to players from a club going into Administration(?).

 

A more interesting question might be what happens to player?s Portsmouth have on loan themselves (O'Hara for instance). Portsmouth must have contractual obligations to other clubs (Spurs) to pay their wages, and I assume would have to honour these contracts, even though they must get shut of their own high wage contracted players themselves if they are to survive?

f--k me I didnt know we had so many lawyers on ww

David James nearly went to Stoke in January but the deal fell through because Stoke would not pay his total wages for the whole of the time that he would have been there for. I'm guessing therefore that Burnley are paying all of Nuggent's wages.

 

Therefore as long as Portsmouth exist (this includes Administration) they would have a contract with Burnley for them to pay his full salary for the length of the transfer period - If Portsmouth went bust though the contract would be void and Nuggent would become a free agent, with the FA holding his registration.

 

As I understand it though with Portsmouth going into Administration the Administrators would be able to sell any Portsmouth player with immediate effect - so I guess Nuggent could be sold to any club - Burnley or otherwise.

There is a rule whereby players can only play for two separate clubs in a season - but I guess this rule would not apply to players from a club going into Administration(?).

 

A more interesting question might be what happens to player?s Portsmouth have on loan themselves (O'Hara for instance). Portsmouth must have contractual obligations to other clubs (Spurs) to pay their wages, and I assume would have to honour these contracts, even though they must get shut of their own high wage contracted players themselves if they are to survive?

 

that cant be right?

Westy just been interviewed on sky news, although he was obviouslly a bit OTT about the great fans, he made a lot of sense in what he said.

particularly that most of their debt is to their current and past owners.

 

Doesn't the ?12m owing to HMRC count?

particularly that most of their debt is to their current and past owners.

 

Doesn't the ?12m owing to HMRC count?

 

i might be wrong but i think they owe this on top of other debts like owing sol campbell & david james bonuses, owing udinese ?3mill for muntari, owing one of their previous owners ?17mill

Edited February 26, 201016 yr by Frandsen08

Could be worse for Pompey, they could be lumbered with Megson!

 

Spare the thought.

Talksport the other week was saying we should spare a thought for their fans as its not their fault they are going into administration. And by deducting them points - it was penalising the fans as much as the club.

 

Well, fck you Talksport.

 

Pompey fans got to do something I have dreamed of for over 30 years - and that is to see my beloved football club run out at Wembley in the FA Cup Final.

 

That's what their previous owners "bought".

 

Rough with the smooth.

 

No sympathy.

I have a few mates who follow lower league clubs Preston, Oldham, Rochdale etc and they all raise a similar point

 

If you ask any Pompey fans would they swap the FA Cup, the Milan game, UEFA Cup run, quality team all for being a yo yo team like WBA then they would be stupid. Pompey will bounce back, only very small teams have gone bust and i cannot see Pompey going that way.

 

Take it like a man an remember the good times.

There is one major problem that Pompey will face- not that it matters to us anyway.

 

Assuming they don't get taken over immediately, Pompey will have to seek a CVA in order to get out of administration by the summer. Failure to do so will result in a massive points deduction or a further demotion at the beggining of next season. HMRC has made it clear that they do not back CVAs and if they are a big enough creditor, they will have the power to block any attempt to put a CVA in place. The club would not be able to come out of administration and could start next season in the Championship on -15 to -25 points. After failing to put a CVA in place, Chester City were docked 25 points at the beginning of this season. They have now been expelled from the league as they were unable to fulfil their fixtures. The replacement club will have to start in thwe Unibond League at best next season- possibly the North West Counties League.

 

I am not saying that Portsmouth won't fulfil their fixtures next season, but their problems do not end here. The administrator has only just taken over and won't have had chance to fully digest the state of the club yet. From the press conference and interview on SSN, he seems to be pinning a lot of hope on not getting deducted 9 points and the PL releasing payments early. The only ground for appeal against the deduction is "force majeur"- unforseeable circumstances. The circumstances surrounding Pompey's administration were all too predictable, so they have no chance. As for early parachute payments, this may help in the short term, but how on Earth can it help in the long term? Again, the PL would find it very hard to justify paying a club (which otherwise not exist to claim the money) such a payment.

 

Bournemouth have been served a winding-up petition, so football on the South Coast is certainly in dire straits right now. Add to this Brighton's ongoing problems and Southampton's recent troubles. Further east, Southend United are also in trouble. Football is in a big financial mess and someone needs to step in and sort it before it's too late.

Talksport the other week was saying we should spare a thought for their fans as its not their fault they are going into administration. And by deducting them points - it was penalising the fans as much as the club.

 

Well, fck you Talksport.

 

Pompey fans got to do something I have dreamed of for over 30 years - and that is to see my beloved football club run out at Wembley in the FA Cup Final.

 

That's what their previous owners "bought".

 

Rough with the smooth.

 

No sympathy.

 

Good post.Leeds are another club who overspent but had more success and better memories than we have.

 

If clubs overspend and win the FA Cup/reach the Champions League semi finals then I have no sympathy when it catches up with them.

Just cant believe that there is so much money in the game and the clubs are given all of it to greedy players and there agents.

 

No club should exceed their budget and if it means they cant compete in the division they are in then so be it; pointless going broke for a little fame

Just cant believe that there is so much money in the game and the clubs are given all of it to greedy players and there agents.

 

No club should exceed their budget and if it means they cant compete in the division they are in then so be it; pointless going broke for a little fame

 

 

i dont buy that, if you were a player and money was on offer, theres no fuckin way you would turn it down.

 

totally down to the man signing the cheques at the club.

Edited February 26, 201016 yr by HomerJay

and where else should the money go

 

shareholders?

The fact is that most (all?) clubs are paying out money they don't have coming in.

After allowing for basic expenses (stadium, staff, taxes, travel, insurance etc) they should not be paying out money to anyone else that they don't have - transfer fees, player salaries, manager salaries, whatever.

If they don't have it, they shouldn't be spending it. End of.

As for players, they can only expect what the sport can afford - plus (in the case of top players) their own personal income from endorsements etc.

I don't see the logic of any other business model. And we keep being told that they ARE businesses these days.

Im going off topic a bit here but ive just seen the reaction of the Pompey fans at Burnley and what affect it had on the team. Avram Grant was moved by the fans emotions and David James sympathised but explained how the fans won them the game. He said "The fans deserve better than what they are going through, the team performance showed we are fighting for them". Avram Grant was nearly in tears, and clearly moved, by the way the fans swamped him at the front of the stands. The Premiership is gonna miss Pompey and their fans.

The Premiership is gonna miss Pompey and their fans.

 

I ain't. Fucking horrible sailor twats.

There is one major problem that Pompey will face- not that it matters to us anyway.

 

HMRC played hardball on the case adjourned this morning. They wouldn't go to Court unless they thought that they had a good chance of setting the current Administration aside.

 

Let's make bloody sure that we don't need the Pompey points this season to stay up.