Breaking Pompey statement

[Danny-Boy]

What happened to FANS UNITED, btw? Gone a bit quiet there.

I supported them in 1997...

 

[Brovion]

It could happen to us. Many people here think Bloom is fantastically rich, and if he started opening the check-book and signing all kinds of great players, Lua Lua for 2 million on a five-year deal, couple of million pound strikers, and we get promoted and promoted again, wages go up, then its five million quid players, cup runs, Poyet's a hero, Falmer sold out....... who here isn't enjoying the ride?

and then Bloom leaves, Poyet goes to Arsenal, the latest 8 million pound player is a flop, the football gets crap, attendances drop, relegation is followed by mediocrity, the top wage earners aren't performing - and suddenly we're 100 million in debt and in administration.

It can happen. It does happen. and I bet you wouldn't hear a whisker of discontent during the first half of that scenario.

And anyway, why should you see it coming? When you've got a multi-millionaire owner pouring money into the team, and flying high in the league, why believe it will suddenly stop? Any whispers of concern are drowned out by cries of !they love our club and will never leave, we're getting TV money, we can sell the best players if it goes wrong, parachute payments will keep us afloat!. And if you force the rich owner out, doesn't all unravel quicker anyway?

You're theoretically right - but by your logic Man City fans should be trying to get their owners out and Chelsea fans should be organising protests against Abramovic. Pull the funding, don't find a buyer and those teams will struggle to meet their bills. We just saw it with Liverpool. Perhaps Wigan and Blackburn fans should have held walk-out protests during their rise? Perhaps you agree? Perhaps I agree. If we sign Lua Lua and Healy I'll start the Bloom Out chants!!

Its all built on individuals with lots of money, its not sustainable, and for every Wigan you get a Darlington, every Fulham there's a Leicester. Don't single the Pompey fans out because they're the same as the rest of us.

That's a lot of irrelevant speculation. However let's start with something we can agree on: if it wasn't for Tony Bloom we wouldn't be getting a new ground and we wouldn't be splashing out 250k on the likes of Greer. Like a several clubs part of our income stream is 'Sugar Daddy Investment'.

Now let's assume he dies and that all his interests in the Albion pass to someone who hates football and not only won't invest any more but wants all Bloom's money back. (I'm not even sure this can happen but this is the 'worst case' scenario). If this happens we'd be in the shit - so how would we respond? Would we take it on the chin, go into Admin, restructure, and accept our new, reduced circumstances? Or would we just try and spend our way out of it and not care who we pissed off? (winning the FA Cup in the process)

If all that comes to pass and we go down the second route, THEN you can draw parallells between us and Portsmouth.

 

[Lady Whistledown]

I feel more sorry for fans of Scunthorpe or Barnsley or even Palace: whichever team gets relegated this season because they only used players they could afford while Pompey cheated and signed the likes of Kitson and Lawrence on £20k per week while at the same time telling their non-footballing creditors to go f*** themselves.

 

[Lady Whistledown]

Get your violins out, even the BBC have fallen for Pompey's latest sob story on Football Focus now. Fortunately even Claridge can see this is blatantly Portsmouth trying to get away with paying as little as possible again.

 

[BRIGHT ON Q]

I feel more sorry for fans of Scunthorpe or Barnsley or even Palace: whichever team gets relegated this season because they only used players they could afford while Pompey cheated and signed the likes of Kitson and Lawrence on £20k per week while at the same time telling their non-footballing creditors to go f*** themselves.

Couldn't agree more.I just can't get my head around the whole Kitson and Lawrence thing.They sell Wilson to raise some money and get them 2 in.

 

[Questions]

I feel more sorry for fans of Scunthorpe or Barnsley or even Palace: whichever team gets relegated this season because they only used players they could afford while Pompey cheated and signed the likes of Kitson and Lawrence on £20k per week while at the same time telling their non-footballing creditors to go f*** themselves.

Which is of course all correct. What I would like to see though is all these shenanigans made irrelevant because of a massive penalty at the beginning when clubs first enter administration. Obviously the aquisition of Lawrence and Kitson is perfectly legal in law but morally wrong and if Pompey had had an immediate relegation because of administration and a 40 point deduction the season after that then its highly unlikely that these two players would have ever joined in the first place.
This whole administration thing needs another looking at.

As for wanting to see Pompey fans suffer because of their clubs mismanagement well thats a different arguement altogether.
They could suffer in the lower divisions but I would still want them to have their club however shitty they are.

 

[Barry Izbak]

I just cannot get my head around this from the BBC website:

Portsmouth's debt at one point stood at around £120m before they entered administration last season and were ultimately relegated. If the club closes there'll be nothing for anybody, including Mr Gaydamak.

Administrator Andrew Andronikou Andronikou confirmed a deal worth 20p in the pound to unsecured creditors had been agreed, but he added that the club could still go into liquidation despite being close to securing their future

How can a Premiershite club, with all the millions they get run up a £120m debt and then be allowed to agree to pay back only 20%?
Scandalous. Jail the people who allowed this to happen.

 

[Kinky Gerbil]

Good result today

2.1 Win with the 7 million 25k a week Nugent and the 15k a week loan player from Wolves netting.

Joke.

 

[itszamora]

I just cannot get my head around this from the BBC website:

Portsmouth's debt at one point stood at around £120m before they entered administration last season and were ultimately relegated. If the club closes there'll be nothing for anybody, including Mr Gaydamak.

Administrator Andrew Andronikou Andronikou confirmed a deal worth 20p in the pound to unsecured creditors had been agreed, but he added that the club could still go into liquidation despite being close to securing their future

How can a Premiershite club, with all the millions they get run up a £120m debt and then be allowed to agree to pay back only 20%?
Scandalous. Jail the people who allowed this to happen.

I agree that morally it's wrong, but it's exactly the same process which applies to any business that goes into administration. Of course, if any other business had been trading while insolvent as Pompey clearly were it would not have got anywhere near as far as it did, but...

 

[HampshireSeagulls]

And the Pompey fans around here are back to gloating about being the best in the South, how they have managed to pull one over the eyes of the League and the FA, how they knew that putting the pressure on Gaydamak would help, how sometimes businesses have to pay the cost (as long as it wasn't Portsmouth), how it's all Harry's fault, how they should be in Europe. That's why I want the fuckers out of the League. We can all bleat about how we shouldn't want a club to fold, but the fans of this corrupt, cheating Football Club are no better than their owners. Have you noticed Fans Utd trying to fly in to support Portsmouth? No, because no-one likes them. If the fans had been duped then I would have more sympathy. If they had even the slightest demonstration of humility at the situation they found themselves in, I could feel a twinge in the tear ducts for them. They are not even graceful or grateful enough to understand that it is only through legal and administrative weakness that they have not been shut down - and even though they cannot pay the people they owe money to, they still pay excessive wages and bring in players. I don't know of any other club that have failed to take the club to task - even Manure rebelled against their owners when it was clear they were not acting in the best interests of the club. Pompey fans just roll out a pissed up Westwood and cry for Meridian.

Wankers.

 

[SUIYHP]

Yet again Portsmouth rears its head as the disgrace to the name of English football

every game that Portsmouth wins is the symbol of cheating, money grabbing, self sympathetic ugliness.

 

[Barnham Seagull]

Yet again Portsmouth rears its head as the disgrace to the name of English football

every game that Portsmouth wins is the symbol of cheating, money grabbing, self sympathetic ugliness.

Totaly agree.

I'm sure Luton fans are scrating there heads on this one as well as Rotherham and Bournemouth.

How they have not had a points deduction this season is staggering?

The FL and FA have alot to answer for.

I never want to see aclub go bust but that lot down the A27 are the lowest form of life right now in my book.

 

[cjd]

I see that Paul Duffen (ex Hull Chairman)wants to buy Portsmouth.

What is it about Portsmouth that attracts only crooks....?

It's like watching flies on a piece of shit.

 

[Barnham Seagull]

I see that Paul Duffen (ex Hull Chairman)wants to buy Portsmouth.

What is it about Portsmouth that attracts only crooks....?

It's like watching flies on a piece of shit.

Flies on shit=portsea island

 

[pottert]

look on the bright side if they survive & stay up we have 6pts in the bag next season.

 

[BensGrandad]

They will probably cheat their way back to the premiership this season. Have sent an e mail about this to the football league show but I bet they dont read it out.