Pompy take over.
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adrian29uk
New member
- Sep 10, 2003
- 3,389
And so it starts all over again. Like I have said time and time again, anyone taking over with a substantial amount of cash should pay back the debts the club previously owed.
I know its not fair that someone else should pay off the debts, but it would certainly make these new owners think twice about taking over a club.
We know the story here don't we. Lots of money lumped on new players + wages, 2 years down the line after a failed bid for the premiership club goes in to administration. Companies and HMRC are left out of pocket again.
I know its not fair that someone else should pay off the debts, but it would certainly make these new owners think twice about taking over a club.
We know the story here don't we. Lots of money lumped on new players + wages, 2 years down the line after a failed bid for the premiership club goes in to administration. Companies and HMRC are left out of pocket again.
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Curious Orange
Punxsatawney Phil
... and Fratton Park is left un-redeveloped and providing bugger all income to the club (because its a dump).
Southover Street Seagull
Well-known member
This, but will we all be very surprised and see the new owners do what their rivals along the coast did and pay back the debts in full?
- Nov 11, 2009
- 12,267
I don't agree with that C2F, its a moral argument, but it doesn't work that way in other forms of business, why should a prospective new owner pay foe the mistakes of an old owner when they had no involvement with the business.
If you bought a new car that had 1000's in outstanding finance on it and speeding tickets from the previous owner, would you feel morally obliged to make sure the bank and police got their money?
Billy Mays
New member
Allegations
Antonov's interests (29.9% of the shares) in Spyker Cars were said to have delayed the purchase of Saab Automobile in late 2009. An investigation by the Swedish monetary agency Riksgälden and the Swedish security police Säpo had allegedly found connections between the Antonov family and organized crime, as well as involvement in money laundering. Säpo reported their findings to the United States Federal Bureau of Investigation, and shortly afterwards GM stopped further talks about the deal until the Antonov family had sold their shares in Spyker Cars.[24]
So that's nice then.
Antonov's interests (29.9% of the shares) in Spyker Cars were said to have delayed the purchase of Saab Automobile in late 2009. An investigation by the Swedish monetary agency Riksgälden and the Swedish security police Säpo had allegedly found connections between the Antonov family and organized crime, as well as involvement in money laundering. Säpo reported their findings to the United States Federal Bureau of Investigation, and shortly afterwards GM stopped further talks about the deal until the Antonov family had sold their shares in Spyker Cars.[24]
So that's nice then.
Gritt23
New member
CSI Portsmouth seems rather appropriate for the events that will inevitably unfold.
Gritt23
New member
And let's get this absolutely straight ..... he has PASSED the Football League Fit & Proper Test!?
So what company is going to offer them more than a few thousand pounds credit? It's time for companies to learn and keep a tight rain on these clubs.
Daffy Duck
Stop bloody moaning!
Wonder if Grissom will be on the case?
Gritt23
New member
To be fair, it would appear that Antonov did subsequent clear his name.
http://carscoop.blogspot.com/2011/04/swedish-debt-office-and-gm-allow.html
http://carscoop.blogspot.com/2011/04/swedish-debt-office-and-gm-allow.html
Have I misread this. Portsmouth has been sold, but where is there any mention of debts and people not being paid? Isn't this just one bunmch of shady folk flogging a crap football club to another bunch? No indication of winding up here.
APACHE
LONGTIME DIEHARD
If you deal with this club, it's got to be money up front. the record of past owners is terrible and I hope Inland Revenue are keeping a close eye.
seagullsovergrimsby
#cpfctinpotclub
No comment from Edna yet 
- Jul 7, 2003
- 47,625
I'm just curious why a couple of Russian businessmen are suddenly investing in an average Championship club. I can't see what's in it for them? They're no nearer to relocating or redeveloping Fratton Park so where's the financial incentive, unless PFC can get back to the Premier League sharpish?
Sergei's Celebration
Well-known member
I'm just curious why a couple of Russian businessmen are suddenly investing in an average Championship club. I can't see what's in it for them?
This is a total stab in the dark and with no basis but check the end of this little cycle...
with football (with one or two exceptions) being largely cash based I would think there are any number of ways to lose a few lorry-loads of used notes in the system - if that was what you wanted to do of course.
butchy
Well-known member
And as ever the FA of course stand by and allow it to happen............'fit and proper test' is an absolute insult.....poor old Pompey