Think you've summed it up perfectly. Also, you have a very tolerant father. Plenty of youngsters have been told to pack their bags for less.
Totally agree . The only people looking to take over that care for the CLUB is the PST . All others have a hidden agenda .
I think the only point missing in this sorry saga that hasnt been mentionec is the lack of trying to cut costs for survival. In both instances of admin there was little drive from the club to reduce expenditure and quality over quantity was the path taken to be competitive. That's the big difference - playing a team full of youngsters with a £30k a year manager knowing it's hard to stay up but it was all geared to survive and pay creditors. They had the players to easily compete but a manager that failed. And know paying the likes of Mcloud, Howard and Buzacky £4k a week is not helping pay back the creditors who will get either 0.4% or 1% of their original amount owed or a PST bid which is seeing money leave the club which could be used to help the club survive.
The reason for the apparently strange behaviour of PFC in regard to signings etc is that they were not being run by people who knew about football or who were at least interested in it. The agenda was making a fast buck even at the cost of the club. No wonder Portpin didn't want an impartial group of accountants in...what a can of worms.
Our wage bill was about £10 million, now it's about £1.5 million-ish probably, yes it could and probably should be lower, but explain to me how that does not count as cutting costs?
You've highlighted one small part. I don't recall the club making sales in January last season. There have been a few articles regarding other teams being outbid. Even your Manager acknowledged he was working on a wage budget of £4m when the likes of Dumbuya, McLeod, Howard et al were training at the club at the beginning of the season and when the so called wage reduction was announced, did those players Appleton brought in disappear, no. They were signed. Doesn't that ring alarm bells to you that the latest truanch of parachute payment is being used up? Valuable money for the PST bid to be viable going in wages?
My old man said be a Seagulls fan. He didn't want me to support Saints like him, thought it would be too painful.
Yes we did wonder about that, we were expecting a lot of players to depart. This next blog mentions it but doesn't really get to the explanation, just that the CEO was working to another agenda. http://www.fansnetwork.co.uk/football/portsmouth/fb_news.php?storyid=18383
Correction my friend. When Chanrai was in pole position just before the season started (for us just before our Plymouth cup match) Appy was under the belief that Chanrai would keep true to his word in reference to the 4mil wage budget. Over night that got cut to 1.5mil. Appy was very public in his contempt for Chanrai and still is. Since then the wage bill has been noted (by our admin) as being well into the bottom half of the league.