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Pompey are apparently 48 hours from liquidation

Discussion in 'Southampton' started by RickieLambertsGoldenBoot, Jan 20, 2012.

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  1. 3rd eye

    3rd eye Well-Known Member

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    Well we'd be in a hell of a lot of trouble if we tried to sell our training ground - it's rented.

    It was a vile rant and if there was a point it got lost in the hatred. Come on, none of us has any idea whether or not Admin Andy or the CEO are in discussion to sell any of the players. All supposition on his part.
     
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  2. Qwerty

    Qwerty Well-Known Member

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    Don't worry about comrade, he's just an angry individual.
     
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  3. Gordon Gekko

    Gordon Gekko New Member

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    I tried to instigate a similar thread months ago, but it was taken down straight away as wasn't saints related. Joke.
     
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  4. JMMP

    JMMP New Member

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    Fight the power <ok>
     
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  5. Pompey_Needs_Nugent 606

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    Like I said, him losing 17 million would hurt him, but he'll still be a millionaire.

    That being said, I think he'll return as owner if this isn't sorted by AA, but this time I think he'll strip us dry, cut his losses, then throw us aside. Can't really blame him, he must regret ever getting involved with us in the first place.
     
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  6. JMMP

    JMMP New Member

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    Hurt might be a little bit of a hyperbole there buddy. I get pissed off when my packet of crisps gets stuck in the vending machine. If I lost 17 million the 3 legged stool and rope would be my only alternative.
     
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  7. Pompey_Needs_Nugent 606

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    I once had a friend who matched every number on the thunderball, but unfortunately had a lotto ticket. He hurt emotionally. The only advice I could offer him was 'suicide can be painless', as there really isn't anything you can say to make the situation better, but this doesn't really compare to Balram as he would've only won £500,000.
     
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  8. JMMP

    JMMP New Member

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    poor balram will feel 34 times worse than that poor bloke.
     
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  9. Pompey_Needs_Nugent 606

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    I like how you divided 17,000,000 by 500,000 to figure out how much worse Balram will feel!
     
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  10. fran-MLs little camera

    fran-MLs little camera Well-Known Member

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    Multimillionaires do not miss their money as much as we would. They love money or they wouldn't be rich, but after a certain point it just becomes counters in a game. He could write it off and move on. Losing money would have consequences in my life, but not for Chanrai. it's just pride to him.
     
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  11. Piebacca

    Piebacca Well-Known Member

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    Everything comes down to maths in the end.:)
     
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  12. Pompey_Needs_Nugent 606

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    Unless your an accountant at Portsmouth.
     
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  13. JMMP

    JMMP New Member

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    SB3 has yet to have his say on this particular affair.
     
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  14. 3rd eye

    3rd eye Well-Known Member

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    There is finally a statement on the club's website setting out the position. It seems that the lack of success in selling CSI's other companies has impacted on the funds that were promised by CSI to assist the cashflow, and it looks unlikely that Chanrai will assist. HMRC held back on publishing the winding up petition to enable players to be sold without it being made public but the press got hold of the story. Lampitt is saying that negotiations are going on with interested parties.
     
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  15. SFC4BAG

    SFC4BAG Well-Known Member

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    Some of the vitriol on here amazes me. We can in no way blame the fans for this shambles than we were to blame for ours.

    Fans pay their money through the love of a club. The club then decides how to spend said monies. Not every club can afford the luxury life of those at the top ut wanting to join them can in no way be a crime. We all want to se our clubs win trophies and when Pompey won the Cup how many fans across this country knew how much it cost?

    Not many if any I would suggest.
     
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  16. st_brendy

    st_brendy Well-Known Member
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  17. Matthew Le God

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    "What is happening about a possible points penalty from the League?

    The League are finalising their report on the club's position following the administration of CSI and we are expecting to receive the outcome shortly. However, we understand that the League may delay their decision until the club&#8217;s current ownership situation is closer to being resolved."

    http://www.portsmouthfc.co.uk/LatestNews/news/Portsmouth-Football-Club-Statement-3049.aspx

    I don't know why it is taking so long, nearly 2 months now when it took them 21 days to investigate Southampton and give them a points deduction. The statement on the Pompey website even confirms that Pompey were reliant on cash from the parent company. How much more evidence do they need?
     
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  18. 3rd eye

    3rd eye Well-Known Member

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    Maybe Matthew Le God, the longer they wait the more points they can deduct. There that should make you happy <doh>
     
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  19. redandwhitecomrade

    redandwhitecomrade New Member

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    See... they get away with it... they have no money, put them in administration... it's what would happen to every other club, why not pompey?

    I'm sick to death of them ALWAYS getting away with it... ALWAYS.

    where's the justice?!
     
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  20. Dyslexic Saint

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    Am I missing something here, they have called in the administrators to run the club, so they are in administration.

    The only fair way is for them to hand back the FA Cup they cheated their way too.
     
    #260
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