Sad news..........we know there will be cuts, but he has done a good job in my book, where many would have walked before he stuck by us and found some good signings. Maybe the new admin has found something? as i would have said he was a cert to stay BP
Okay - shocked! Wonder who will be brought in to replace him and the other directors? Good luck to DL. TB seems he's going to be ruthless.
3rd eye. he,s not going to bring anyone in to replace DL or the directors - he,s now running the club. He is honest enough to say that the situation is much worse than he expected - he,s got to be ruthless if there is any chance of the club surviving. Hang on to your seats - I think it,s going to get a lot tougher yet, but GOOD LUCK!!
I am also a bit shocked by this - but the fact of the matter is, we have no money - if everyday staff who are on just more than minimum wage are being made redundant then this move is not a surprise. At least we don't have to suffer the "Storrie being paid 100k for consultancy" fiasco again! I have just read the statement from TB on the Snooze website and I think his last sentence speaks volumes - ‘There was probably a few mistakes that these three directors made, and I’m sure they’d be the first to admit that, so it’s inevitable that new directors would be brought in to help the club move forward into the future. ‘I wish them all well in whatever endeavours they go into.’ The investigation begins I guess.......lets hope there is a need for the administrator to bring the police investigation team in also.
If Birch ever writes his memoirs, this will be the chapter entitled, "My greatest challenge of all time, ever". How it will end is not so clear.
Mike - it was Bob Beech of SOS Pompey who made that comment. He could be right though. Look like TB is starting at the high end of the wage structure first. I liked TBs comment that PFC has Premiership Costs with Championship Income. How long has everyone been saying that? At the end of this we could have a club that will manage to live within its means - that alone will be worth a celebration
Having any sort of club at all, looks good at the moment. I have a question that I've been mulling over in my mind. If the fit and proper person test had stopped CSI, as it was supposed to do, who would have bought the club? Anyone? No-one?
BC would have kept hold of the club surely? He would have flogged EVERYTHING last summer, reclaimed what he could of the apparent £17m we "owe"him and gone back to HK to sit on it leaving us with no squad, no money and no club..... .....what has happened now is a little better than that situation surely?
Lampitt was only 1 of 33 redundancies - this article today on the BBC website paints a bleak picture http://www.bbc.co.uk/sport/0/football/17137954
Seriously? He signed players on for £20k a week contracts when you were only allowed an average of £10k per week. That's with TBH on £30k+! That is not a good job in my book.
He was still working within the constraints of the CVA though - his outlook from day one was quality, not quantity. This is what he got wrong as is now evident. All contracts had to be ratified with the FL - they approved all the transfers and contracts so we were within the CVA.
What I heard yesterday - how true it is we'll never know though - is that AA did the negotiating on the Marc Wilson/Liam Lawrence/Dave Kitson deal, not David Lampitt who was kept out of a lot of the business. Don't forget the MW/LL/DK business all happened during the admin process, LL was a loan until the January window opened.
WTF! The guy didn't pay the tax bills. I can not believe your stupidity. Look at what the administrator is saying. He did a **** job, you lot deserve no sympathy get your head out of the sand. How long are you going to be to be sucked into this "there's only one Peter storymanship mentality".
Oh well, perhaps that explains why he asked the High Court for AA as adminstrator - maybe that way he would have got to keep his job.