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Pompey splashing the cash......



BRIGHT ON Q

Well-known member
Jul 5, 2003
9,248
Looks like they are signing Jason Pearce from Bmuff and Luke Varney from Blackpool.
 




middletoenail

Well-known member
Jul 2, 2008
3,580
Hong Kong
Pearce will have cost them peanuts, they are owed a sell on clause of 50% from that deal. Varney is interesting as I would have thought he would cost about £750k at least.
 




severnside gull

Well-known member
May 16, 2007
24,827
By the seaside in West Somerset
I think they may still be owed some money from Pearce going to Bournemouth in the first place and they definitely had a 50% sell-on clause so any deal will have been very advantageous to them. I doubt they will be paying more than £250-300K.

Varney is rumoured to be costing £750K.

I know that they have improved their situation so may have some cash but am I wrong in thinking their CVA terms still apply so there is a cap on the wages they can pay out linked to income generated? It's certainly why they had a restricted first team squad last season to the extent that they had to hide players in the youth squad who would otherwise have graduated to the first team.

Their fans have been giving it large lately about signing the likes of Maynard and Gradel for £4m each and Crouch on loan. Really really can't see how they can do that without first prioritising some of their creditors but maybe I've got it wrong.
 








Bish Bosh

Active member
Aug 10, 2005
524
Wish it was in the EU
Hmm the new 'owners' have connections to a company involved in buying out Saab automobiles. Check out how that aquisition is going via the business press...ahem.

The more things change the more they stay the same?!!
 






seagull_special

Well-known member
Jun 9, 2008
3,008
Abu Dhabi
Southampton also, they are rumoured to be championship club who bid 2.8million for Billy Sharpe
 


severnside gull

Well-known member
May 16, 2007
24,827
By the seaside in West Somerset
Southampton rumoured to have upped their bid for Sharpe today but then we know they have money and no debts
 


Manuel

Member
Feb 4, 2011
52
In the lounge
"Their fans have been giving it large lately about signing the likes of Maynard and Gradel for £4m each and Crouch on loan. Really really can't see how they can do that without first prioritising some of their creditors but maybe I've got it wrong".

The rules have been flouted over and over again .They are treated differently from every other club it seems.:annoyed:
 




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