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Breaking Pompey statement
- Thread starter Gwylan
- Start date
seagullsovergrimsby
#cpfctinpotclub
seagullsovergrimsby
#cpfctinpotclub
Even then Meridian will still report any news about their pub team exploits before us.
- Jul 7, 2003
- 47,624
Were there lots of tearful dribbling Frattonites on the local news tonight?
I'm disappointed I missed it now
I'm disappointed I missed it now
severnside gull
Well-known member
"Essentially they are no different from Liverpool or Man City (delusional) is that when they were paying the massive wages they could afford them - their problem was the owner took a hit and stopped paying the wages. Could have happened to anyone."
fine if this was true but it really isn't. However it is the one area in the whole sorry tale where I can empathise with the fans who might have thought otherwise. Or just not thought. There are however serious issues surrounding just how, where, and to whom money was (and continues to be) bleeding out of the club. A string of owners who promised and failed to deliver doesn't cover the fact that the same issues continued under all of them. Step forward Peter Storrie and Harry Redknapp for starters and let's see if we can explain and justify your role in mismanaging the club's balance sheet. And step forward the administrator who is charged with ensuring prudence but continues to encourage profligacy. He at least is supposed to be an accountant and immune from the madness of football's fiscal lunacy.
"And they need to pay Kitson and Lawrence as without hem they would go down and there would be nothing for the creditors."
nothing except the £54m(?) parachute payments and the prospect of income from a club which could continue to trade within its means. The administrator has been persuaded that the only solution to meet their creditors is to be promoted back to the Premier League and to do so has allowed/encouraged them to increase expenditure beyond their means once again rather than reduce it to a level they could manage. If they are truly so desperate for promotion as the sole viable solution then they are unquestionably insolvent and their continued trading is illegal. If it is merely that the administrator has either been persuaded or decided that this course of action is desirable he should be dismissed by the creditors and prosecuted for fraud as he is acting outside his legal remit. Paying salaries within their means (and not paying consultancy fees to the likes of Storrie for no discernable or explained purpose) might result in relegation but so what? They would be going where plenty of other clubs have been before and survived. They would continue to exist. Ultimately they could always sell their prime asset and groundshare at St Mary's for a few years if they really wanted to trade honestly. Sadly they have no intention of trading honestly and they are committed to yet another unsustainable short cut to success and to hell with who gets hurt in the fallout.
Gaydamark one suspects is a tad pissed at the new owner getting his £15m twice over and has stamped his foot in frustration - no-one better to recognise a good crook than another crook. Of course he will back down and Portsmouth will continue on their merry way until the next time and who will bail them out again?
Is that the medieval news bulletin?
As for Pompey, I thouroughly agree with Edna, although I would feel sorry for the genuine fans, one of whom is a good friend of mine. Although he wasn't exactly wondering where the money was coming from when they won the cup...
- Jul 7, 2003
- 47,624
"I'm hopeful that within the next 24 hours we can get the parties around the table and we can renegotiate to everyone's satisfaction "
THIS is the key point of that statement about Pompey: ie rest assured all you caring solidarity-brother types, they will be once again bright eyed, marching onwards, and giving a massive great f*** YOU to their creditors with 24 hours.
THIS is the key point of that statement about Pompey: ie rest assured all you caring solidarity-brother types, they will be once again bright eyed, marching onwards, and giving a massive great f*** YOU to their creditors with 24 hours.
Gully
Monkey in a seagull suit.
This
....And with the added pleasure of seeing doth today and meridian not report them above us anymore[/QUOTE]
Why do you think I want Pompey to go down, Stains to stay down, and for us and Bournemouth to get promoted...if only for the crap biased local tv channels to acknowledge who the best sides in the region are!
Super Sussex and Dorset...Hampshire is irrellevant!
No I will still feel sorry for them-they are being messed around by the people in charge
Barrel of Fun
Abort, retry, fail
I think a sustained period in the top flight, a European adventure and an FA Cup win (plus another final) isn't too bad a compromise when the club will continue to exist.
- Jul 7, 2003
- 47,624
Fans I feel sorry for?
-those of every club knocked out of the FA Cup by Pompey the season they won it and the other season they reached the final, using players they had no right to own
-those of every club they finished above in the Premier and Football Leagues, because they more or less stuck to their budgets while PFC spent money they didn't have
-those of every other club who didn't reach the cup final while a bunch of cheating shysters did
-those of clubs who just missed out on promotion to the Premier League the season Pompey went up
-those of clubs like Chester who were wound up over less money than Pompey are paying Dave Kitson in a fortnight
-those of every club Pompey have beaten this season by borrowing Dave Kitson and Liam Lawrence even though they are clearly insolvent.
The only Pompey fans I might possibly feel sorry for are the ones who forked out for season tickets this year, who would lose their cash IF (and I am still 100% confident it won't happen) the club were wound up. But none of the others.
It's crap for them to lose their team, sure. But you can't go saving a business trading under fraudulent means- which is essentially what PFC are going- simply because their loyal customers might be a bit upset. And once again, I'm sure they didn't give a toss while they were parading around Wembley twice.
Care about their fans? Meh.
Insel affe
HellBilly
Im bored shitless with the whole saga, its like eastenders it just goes on and on with the same story line rehashed ................
for gods sake just get it over with, and push barry off a cliff
for gods sake just get it over with, and push barry off a cliff
herecomesaregular
We're in the pipe, 5 by 5
fans haven't made the criminally insane decisions that have occurred. fans just follow the team blindly through thick or thin, trusting those in charge know what they're doing . they have been taken for a ride just as we were in the past. ok, maybe they should have protested more but seriously would you have been moaning on the way to the cup final?
i don't like portsmouth, it's a shit hole city and i have bad memories as a kid being chased by some of their hooligans. but they'll have plenty of decent fans and kids who love the club as much as we love ours. for them, i feel sorry.
btw, your posts show you up to be a right dipstick.
fatbadger
New member
Because the media-types who say it only watch Premiership games and were gobsmacked when Pompey game into the division and the fans continued to act like fans of League clubs rather than fans of Premiership clubs - and to do so in a ground which isn't one of those ghastly gargantuan all-seaters which destroy any atmosphere which is in danger of being created. If they actually went to a few non-Premiership games, they might realise that this is what most football fans are like.
We paid our creditors - IN FULL. Including the taxman ( which means you and me ). Until Pompey do the same then there's no sympathy from me.
Rookie
Greetings
- Feb 8, 2005
- 12,324
Is a shame to see any club go to the wall Palace, Pompey or whoever. Granted their fans are knobs and they got to the premiership and survived on dodgy grounds but they are still a football club. Honestly hope they scrape through and there is still a club in Portsmouth in the football league.
Well, we've been more than half way down the pan a few times - re-election to the League in the 1940's, the Bamber / Clough / Mullery years were not exactly characterised by financial prudence, letting B*ll A*ch*r in, losing out ground, needing Robbie Reinault's goal to keep us in the league....................
Remeber how that felt? I for one feel sorry for the Pompey fans, and if they want to do a Fans United, I'll be with them all the way...........
Remeber how that felt? I for one feel sorry for the Pompey fans, and if they want to do a Fans United, I'll be with them all the way...........
Stoaty Ferret
Active member
I can't be smug over Pompey's demise. Not after what we went through. I know the circumstances are different but remember how it felt when we almost went down and out of the league. If you are happy about their situation you need to take a look at yourself and stop being so petty.
Tooting Gull
Well-known member
- Jul 5, 2003
- 11,033
Tend to agree with that. We're in a minority though, some very angry characters on here on this issue, ditching their normally sane views.
Yes, we know all the differences in our situations blah blah blah. It is irrelevant for a normal, loyal fan facing the prospect of their team going bust. They are gutted, and I am sympathetic, with them if not for the club itself with all the financial mismanagement.
However, I suggest everyone saves themselves the trouble of posting much more and just revisits the thread on Pompey from 2/3 months ago. All the same bitter rants from all the same people.