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Portsmouth go into administration

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!

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Utaka is on 80k a week.

no, they shouldn't volunteer to take a cut

Utaka is on around 30k per week so he already earns less than 40k per week

 

I fear that when Utaka claimed to be on 30K a week, he was talking take home rather than gross.

I fear that when Utaka claimed to be on 30K a week, he was talking take home rather than gross.

 

Perhaps but even at 50% tax rate that's still not 80k

Perhaps but even at 50% tax rate that's still not 80k

 

Depends on what other deductions are being taken, he may have 20k put straight into an investment account that he's not counting.

 

One things for sure, it's more that what me or thee are on.

I think it is actually more likely for Portsmouth to be liquidated than anything else. Hence the 'ridiculous' request to sell players.If it's a choice between this and going bust completely, FIFA and PL might consider it but the other clubs will not go for it (surely?). Then the owners can say they tried everything.

 

The PL will bust a gut to prevent Pompey going bust and this is there only hope. There will be enormous pressure for them to go into administration as the lesser of two evils. But supposing these owners have an agenda and don't even seek administration?

 

Whatever happens it will affect us and the rest of the Premier League that's for sure.

I don't know if this is possible but I know there was talk earlier in the week about advancing Pompey the next tranch of Sky money and/or next seasons parachute payment. Would it not be possible to do this on the strict understanding that they pay HMRC the overdue amount, thus avoiding being wound-up, and then go into administration? Portsmouth fulfil the seasons fixtures avoiding an unholy mess for everyone and conveniently get relegated at the end of it.

Its a difficult one, them lads respect BWFC, we are in a difficult position. When it comes to respect i want them to survive i really do, when it comes to us im sorry but we come first. Id rather anyone bar us and Pompey go down :pardon: Im pissed by the way but respect Pompey 100%

I don't know if this is possible but I know there was talk earlier in the week about advancing Pompey the next tranch of Sky money and/or next seasons parachute payment. Would it not be possible to do this on the strict understanding that they pay HMRC the overdue amount, thus avoiding being wound-up, and then go into administration? Portsmouth fulfil the seasons fixtures avoiding an unholy mess for everyone and conveniently get relegated at the end of it.

 

The short answer seems to be that the other Premiership clubs need to agree any such action (assuming it can be taken in the first place).

 

Some clubs (such as ourselves) would be better off if Portsmouth survived - however some clubs (Chelsea for instance) would be better off if they went out of business and Portsmouth results became null and void.

 

It seems clear that some clubs would object to a change in the rules to help Portsmouth survive - and thus could lead to legal action if this happened.

 

It is all a very, very messy business.

The Premier league won't allow them to sell their players ...apparently

 

Not looking good for them this.

 

 

LINK

Even Avram Grant said this latest appeal was a 'joke'. Why did they sign players in January instead of off loading more? who is going to command a decent fee, other clubs aren't stupid they won't offer much anyway.

 

It is difficult to see anybody daft enough to invest any money in them at all. They have no assetts at all.No training ground, no academy nothing. Gaydemak still owns the land around Fratton Park so they don't even have that.

 

They are trading whilst insolvent, that's what the judge seemed to be saying but he bottled it a bit and gave them the chance to prove otherwise. Think we could be minus three points come March 1st. Might be too late for administration even.

Even Avram Grant said this latest appeal was a 'joke'. Why did they sign players in January instead of off loading more? who is going to command a decent fee, other clubs aren't stupid they won't offer much anyway.

 

It is difficult to see anybody daft enough to invest any money in them at all. They have no assetts at all.No training ground, no academy nothing. Gaydemak still owns the land around Fratton Park so they don't even have that.

 

They are trading whilst insolvent, that's what the judge seemed to be saying but he bottled it a bit and gave them the chance to prove otherwise. Think we could be minus three points come March 1st. Might be too late for administration even.

 

If the company is insolvent and doesn't pay its tax bill in full by March 1st, there is no possibility of administration. The winding-up order will be granted and the official receiver brought in. If by some miracle, the official receiver (or a person appointed by him/her) decides that the club can fulfil its fixtures, Pompey will be deducted 9 points. Premier League rules speak not of administration specifically, but an "insolvency event". An insolvency event includes administration and liquidation, as well as defaulting on payments to "football creditors", amongst other events. A club is only subject to one such deduction for the same reason, for example a club goes into administration and the administrator calls in the official receiver, the club will only be deducted a total of 9 points (10 in every other league). If a club were to be deducted one set of 9 points for defaulting football creditors, and was later placed into administration, the two issues are seperate events. A further 9 points could then be deducted.

 

It is possible that someone buys the club after the official receiver is appointed, and the club could continue to operate beyond March 1st. This is unlikely, so we should brace ourselves for a 3 point deduction of our own.

Utaka is on around 30k per week so he already earns less than 40k per week

 

 

newspaper talk i know, but wasnt it released that he was on 80k the other week?

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!

Top Fans, I Will Support Them 100% Had 2 Days with Mr Westwood at THE FUNERAL when he stayed in Bolton.Respect.

Its a difficult one, them lads respect BWFC, we are in a difficult position. When it comes to respect i want them to survive i really do, when it comes to us im sorry but we come first. Id rather anyone bar us and Pompey go down :pardon: Im pissed by the way but respect Pompey 100%

Just posted then read this.

seems one that bloke has done a runner.

 

http://www.skysports...5971065,00.html

 

Al Fahim has opted to give his 10 per cent shareholding to the Pompey supporters' trust, as revealed by Sky Sports News earlier on Monday

 

how considerate of him.

Edited by HomerJay

seems one that bloke has done a runner.

 

http://www.skysports...5971065,00.html

 

 

 

how considerate of him.

 

Apparently they (the rest of the pompey board) asked him to step down.

It is possible that someone buys the club after the official receiver is appointed, and the club could continue to operate beyond March 1st. This is unlikely, so we should brace ourselves for a 3 point deduction of our own.

 

Someone will have to come up with the HMRC's ?12m owing to stop them being wound up. HMRC won't make any concessions at this stage, it sets a precedent.

 

Admin is just a dream and I agree, we will lose 3 points.

dont think this has been posted

 

http://www.independe...rs-1895610.html

 

and

 

http://www.dailymail.co.uk/sport/football/article-1250363/Portsmouth-rescue-mission-Premier-League-set-hand-debt-ridden-Pompey-lifeline.html

 

seems WE will lose points if they go pop.

 

not sure how reliable this info is mind.

 

should it happen heres who would lose what

 

we'd lose 3

fulham would lose 6

birmingham would lose 3

arsenal would lose 6

united would lose 6

city would lose 6

villa would lose 3

everton would lose 3

spurs would lose 3

hull would lose 1

blackburn would lose 3

stoke would lose 6

sunderland would lose 2

chelsea would lose 3

west ham would lose 4

dont think this has been posted

 

http://www.independe...rs-1895610.html

 

and

 

http://www.dailymail.co.uk/sport/football/article-1250363/Portsmouth-rescue-mission-Premier-League-set-hand-debt-ridden-Pompey-lifeline.html

 

seems WE will lose points if they go pop.

 

not sure how reliable this info is mind.

 

The rules are quite clear. Although it is unfair to us, operating the league as if Portsmouth never played is the fairest way of dealing with the situation, if Pompey are unable to fulfil their fixtures. Worse is if those who are still to play them are awarded 3 points automatically. Although we would benefit from that, some clubs actually had to play them and pick up injuries in order to get the points, while others just get given them. If they just gave them one point, that would be even worse as most team would have beaten them. Not awarding any but allowing results to stand is unfair as all the other clubs have one less game. Expunging the team's playing record- as harsh as it is- is the only fair way. The word "fair" usually means that all parties are treated equally, and that is my usage of the word in this post.

While having every sympathy with Pompey's fans, the club have already cheated this season as things stand.

They've used money they don't have to keep the squad strong (by not selling last summer and January) and even signed players in January to strengthen further.

And why should they be advanced future monies ? Couldn't clubs like us have made good use of future monies in January ?

It all makes a complete joke of the 'fit & proper persons' test for club owners, and there are lots more examples around the various leagues.

Table if Portsmouth were to go (I cant be arsed doing goal diff calculations). 1st number is change in position.

0 Chelsea 58

0 Man Utd 51

0 Arsenal 49

2 Liverpool 45

-1 Tottenham 43

1 Aston Villa 42

-2 Manchester City 40

0 Everton 35

1 Birmingham 34

-1 Fulham 31

1 Blackburn 31

-1 Stoke City 28

2 Wigan Athletic 25

0 Sunderland 24

1 Wolves 24

-3 West Ham Utd 23

0 Hull City 23

1 Burnley 23

-1 Bolton 20

How many would be relegated though? I presume its just the two.

How many would be relegated though? I presume its just the two.

 

 

yes

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