Portsmouth City Council to ride in and rescue the club?

Well at least they are considering it, but would BC really accept £2.75mn for the ground, or will he prefer to retain his security and liquidate?

Desperate times.

http://www.portsmouth.co.uk/sport/p...sider-loan-to-help-fans-save-pompey-1-4125089

 

I'm going to buy another Euro millions ticket tonight - along with a few more prayers. One can only wish!

I did have a win the other week but as it was only £2.70 I didn't think Chanrai would entertain my bid.

 

Perhaps those who live within the Portsmouth City Council boundary should contact their councillors and ask how they will vote if it reaches one within the chamber. A list of Yesses and Nos on here might help sway how some cast their votes at the next council elections.

 

And considering you bought the ticket for £2 you only really won 70p.

 

£2? Blimey they were £1.50 last time I was in England. Talk about inflation!

 

Also you are about 30,000 times more likely to die in the next week than win the Euromillions (3,000 times more than the normal UK lottery). I keep pointing this out to Mrs Q when she buys tickets at work but she doesn't seem to get the message.

 

I know - pitiful isn't it.

So far this year I've spent £6 on Euro tickets, tonight will make £8.

That's my lot then.

I only enjoy a gamble if I'm going to win

 

I have bought one for me and one for Pompey, you will never guess what the first three numbers are!

 

567? And the other three numbers were 234, saving any embarrassment of not being able to count past ten.

 

Surely you have a little clout on the council SB, I am assuming you work on the Garbage part of it and have a few dirty contacts that might take a brown envelope or two.
I suppose the trouble there is, it would actually take more money in the envelope than it would to buy the ground.

 

Tax payers money to bail out a football club,beyond a joke ........discuss

 

Lending Pompey money is like asking the fat kit to mind your lunch. You simply arn't getting it back.

 

Local authorities often make loans and even more often make "grants" to local businesses.

You'd be surprised at some of the deals made by local authorities - including negative business rates to big fat companies they want in their areas.

 

They would be looking to get payments back direct from the parachute payments.

They simply will get it back!

 

Any offer by the Council is potentially ultra vires unless ratified by members. Normally this would be taken after a green book appraisal study to determine the VfM potential. Acting reasonably and properly this would take more than two weeks......

 

Nobody with a single brain cell would loan money to portsmuff.
What odds would you get against ever getting it back

 

The PCC were approached ages ago, I bet this has been under discussion for several weeks, possibly even a few months - it won't be something plucked out of the air. A whole load of local councillors were at the press conference - they all know what's going on.

 

Considering they were considering buying Fratton in the event of liquidation, I certainly reckon they will strongely consider this. PFC brings a lot of money to the city in pubs, restaurants and tourism etc.

 

Have PCC seen something in buying FP in a similar manor to how the Ricoh is owned by Coventry Council?

Instead of investing money in the Northern Quarter, possibly look at redeveloping FP to hold community events and possibly gigs as they do at the Ricoh? Surely a gap in the market for large gigs (RHCP/Coldplay etc) on the south coast? other than the Rosebowl, the nearest "large" arenas are in London......possibly Brighton for a 5000 seater venue.....

Obviously just spectulating - but £2.4 for that plot of land (should SG come to an agreement/liquidated) is a steal with potential.

 

The only thing pfc has brought to Portsmouth is a host of unpaid bills & the ridicule
of the ffootball world