Portsmouth- what on earth (2 Viewers)
- Thread starter ccfcway
- Start date
North York’s Blue
Well-Known Member
The 2 responses so far are actually positive and in agreement with you. That said, they can't really argue with the facts.
I feel sorry for the fans, but not the club; hopefully they'll get what they deserve.
I feel sorry for the fans, but not the club; hopefully they'll get what they deserve.
DH - Sky Blue
Member
"CCFC in saving his own team from relegation by wishing it on another."
oldskyblue58
CCFC Finance Director
Seems to me that there are a few at that club that dont like to take responsibility for their own actions
- the owners, who have responsibility to ensure the club is ran as a going concern
- the likes of Chanrai who helped create the original mess but safeguarded all their own money
- the manager who bleats and whines about how hard done by he is and no one helps him
- the players, highly paid but havent set the world alight in performances
- some of the fans who blame the PFA etc for not helping out when it is the club that have messed up
My respect goes to their fans who shell every week to support their team they deserve better leadership/owners and my sympathy goes to all the small businesses and organisations that acted in good faith and have yet again been shafted by Portsmouth FC
- the owners, who have responsibility to ensure the club is ran as a going concern
- the likes of Chanrai who helped create the original mess but safeguarded all their own money
- the manager who bleats and whines about how hard done by he is and no one helps him
- the players, highly paid but havent set the world alight in performances
- some of the fans who blame the PFA etc for not helping out when it is the club that have messed up
My respect goes to their fans who shell every week to support their team they deserve better leadership/owners and my sympathy goes to all the small businesses and organisations that acted in good faith and have yet again been shafted by Portsmouth FC
mark82
Moderator
Like they guy on Sky Sports News from the fans group blaming the football league for allowing the owners and saying the club should not be deducted points for that reason. Hilarious.
mark82
Moderator
Hmm. Don't think so. He is not in charge of the clubs finances. He is given a transfer budget and you take that in good faith. Obviously not a Redknapp fan are you, but can't blame the mismanagement over a number of years by various owners on one man.
oldskyblue58
CCFC Finance Director
Seriously deluded if they think that will happen ! Bet he wasnt questionning anything when Antonov took over was he. Ridiculous:facepalm:
chiefdave
Well-Known Member
Harry gets a lot of stick for this kind of thing but as a manager if your chairman is handing you money you spend it!
BurbageSkyBlues
New Member
For those who have not seen the article on BBC.co.uk...... (apologies if some have). There are some interesting facts in here.......monies owed, early parachut payment from the PL (would we get help like that? it is, effectively, a loan from the football authority)
Earlier this week it emerged Portsmouth had received their parachute payment from the Premier League early, however, chief executive David Lampitt told BBC Radio Solent it would be up to the administrator how money in Pompey's bank account - understood to be around £2.5m - is spent.
Pompey's parent company, Convers Sports Initiatives, entered administration in November, forcing the Championship club to search for new owners.
CSI administrator Andrew Andronikou then revealed that Pompey had missed two tax payments of £800,000 to HMRC.
It later emerged they currently owe HMRC £1.9m in unpaid tax as well as between £4m to £7m from the previous regime.
The club announced in January that their players and staff had not been paid their wages for that month, as a result of having their bank account frozen.
They later failed to gain a validation order to gain access to their accounts, leaving players and staff at Fratton Park still waiting to be paid.
Former owner Balram Chainrai last week said he was flying to the UK to sort out the stricken club's future.
The Hong Kong-based businessman, who owned the club with Israeli Levi Kushnir through a company called Portpin, is still owed £17m.
BBC South understands that any new purchaser would need to provide £12m as proof of funds, and assurances they could meet another £20m in repayments to former creditors, Chainrai and Alexandre Gaydamak.
However, the Portsmouth Supporters' Trust have claimed that Andronikou is asking them to provide £100m in proof of funds before any meeting between them could take place.
Earlier this week it emerged Portsmouth had received their parachute payment from the Premier League early, however, chief executive David Lampitt told BBC Radio Solent it would be up to the administrator how money in Pompey's bank account - understood to be around £2.5m - is spent.
Pompey's parent company, Convers Sports Initiatives, entered administration in November, forcing the Championship club to search for new owners.
CSI administrator Andrew Andronikou then revealed that Pompey had missed two tax payments of £800,000 to HMRC.
It later emerged they currently owe HMRC £1.9m in unpaid tax as well as between £4m to £7m from the previous regime.
The club announced in January that their players and staff had not been paid their wages for that month, as a result of having their bank account frozen.
They later failed to gain a validation order to gain access to their accounts, leaving players and staff at Fratton Park still waiting to be paid.
Former owner Balram Chainrai last week said he was flying to the UK to sort out the stricken club's future.
The Hong Kong-based businessman, who owned the club with Israeli Levi Kushnir through a company called Portpin, is still owed £17m.
BBC South understands that any new purchaser would need to provide £12m as proof of funds, and assurances they could meet another £20m in repayments to former creditors, Chainrai and Alexandre Gaydamak.
However, the Portsmouth Supporters' Trust have claimed that Andronikou is asking them to provide £100m in proof of funds before any meeting between them could take place.
covcity4life
Well-Known Member
does any of this make anyonerespect sisu at all i wonder?
i never really had a problem with sisu till this year,its one thing stabalising,its another going backwards
i never really had a problem with sisu till this year,its one thing stabalising,its another going backwards
Brighton Sky Blue
Well-Known Member
I don't think anyone begrudges them trying to make CCFC more sustainable. As I've said before, they have just gone about it in far too aggressive and cut-throat a manner to the point where we're hanging on for Championship survival.
J
Jack Griffin
Guest
BurbageSkyBlues
New Member
how much longer before the FL take the bull by the horns, and force clubs to meet their obligations to the tax man? Cardiff got away with it for a couple of years, and as such have afforded players that should have been beyond their reach - and achieved a reasonable degree of success with cup final and play-off places. They have been steadily growing as a result, arguably denying other clubs success through unfair means.
If a wealthy person wants to bank-roll success at a club, then that is different. Not paying taxes is a totally different matter.
To rub salt into this unfair wound, the size of the tax bill would reflect the wages paid to the players, which again would reflect the standard of unaffordable players that they should not have in the first place!!
The league should automatically relegate any club that behaves in this way - it is cheating..........cheating the taxman, the general public, schools, hospitals, other clubs and their fans....just about everyone.....IMO
rant over:slap:
If a wealthy person wants to bank-roll success at a club, then that is different. Not paying taxes is a totally different matter.
To rub salt into this unfair wound, the size of the tax bill would reflect the wages paid to the players, which again would reflect the standard of unaffordable players that they should not have in the first place!!
The league should automatically relegate any club that behaves in this way - it is cheating..........cheating the taxman, the general public, schools, hospitals, other clubs and their fans....just about everyone.....IMO
rant over:slap:
mark82
Moderator
They have plenty of sellable assets. Probably more than we did. They turned down offers for a couple of players in January!
oldskyblue58
CCFC Finance Director
Yes I agree that both clubs in fact all clubs reach too high for what they can actually afford - thats going to have to change, if the FA /FL/PL ever grow some balls
Think there is a difference though - Pompey had assets to sell (players) and they refused to..... SISU have taken action to reduce losses by reducing costs and selling players(whether any one agrees with how is a different thing) but it appears that despite parachute payments and good support Pompey decided they didnt have to. Also having been through administration once you would think they would understand the importance of terms like "good financial control" "living within our means" "repaying creditors" "sticking to agreements made " etc ..... clearly that fell on deaf ears
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Brighton Sky Blue
Well-Known Member
Post 27 on that article seems to be massively missing the point Astute, and the rest of us, are making.
Astute
Well-Known Member
coundonskyblue
New Member
Have the league said when they will be deducting the points?
Brighton Sky Blue
Well-Known Member
Points will come off once Portsmouth have been officially notified in writing (so however long it takes to send an e-mail or a fax from Football League HQ).
mark82
Moderator
I am on a 12 hour nightshift soon. Can use my phone all night. Could be fun.
Keep it up Mark, need a little backup
I'm on 12 hour night shift tonight too. Shame there will be no one up to respond!
Brighton Sky Blue
Well-Known Member
'The good news is that the club,(Lampitt?) did not sell any players during the transfer window. What he did wrong, if he did, will only come out in the long term. My feeling is he a good guy who has an awful job'
You're wasting your time Astute and Mark.
You're wasting your time Astute and Mark.
Brighton Sky Blue
Well-Known Member
Not to me :laugh: You get idiots at all clubs. We have our own. Will be tracking down all portsmouth fansites tonight. Getting paid to have fun isn't that bad
I've had a chemical lab to myself all week
J
Jack Griffin
Guest
More good news from the south, the High Court have refused to appoint Andronikou as administrator for Portsmouth because there maybe a conflict of interests.
The feeling is that Andronikou was looking after the interests of current owner Chanrai by holding out for a buyer who could settle up with him.
http://www.portsmouth.co.uk/sport/p...kou_s_firm_as_pompey_administrators_1_3535822
The feeling is that Andronikou was looking after the interests of current owner Chanrai by holding out for a buyer who could settle up with him.
http://www.portsmouth.co.uk/sport/p...kou_s_firm_as_pompey_administrators_1_3535822
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mark82
Moderator
Not to me :laugh: You get idiots at all clubs. We have our own. Will be tracking down all portsmouth fansites tonight. Getting paid to have fun isn't that bad
The only problem is that I have to use my phone as the company I work for block all Internet forums
BurbageSkyBlues
New Member
Do you work for SISU ?
mark82
Moderator
SkyBlueBlood
Member
Dont read too much into this. Appleton is just trying to apply pressure on the Football League to allow them to loan players. They will ignore him and say use your youth team, but he will have made it clear that if they go down its not his fault!
Will be stunned if they only get 10 points should be nearer 20.
Will be stunned if they only get 10 points should be nearer 20.
