It isn't an investement. In your own words they are giving money to the club they love that has been failed so many times before by criminals who's only intention is to feed their own greed. Er we do have the funds in place, otherwise the bid would have been chucked out by PFK and the FL months ago. As it satnds it is infront of a bid by people who supposedly have have all the legal and financial power. You really have no idea how this bid is gonna work do you. One of the reasons your holier than thou attitude irritates me so much. Pledging to the PST is not a spur of the moment is decision. It's a grand FFS. Even if you've decided to pledge, you have to fill in a form, in which requires 2 forms of ID, thus weeding out any that are not serious but just want ot feel good, along with the scummers who claim to have pledged but will not follow up. The club won't run out of money when the pledge dosh "dries up" because the club will be ran within its means. Any money the club makes will be invested back into it, for a slow but steady growth from within. You say another admin is on the cards. How do you know that? Oh wait you don't. For your information, the PST has based any investment into the club on the gate money other various sources of income (I.E tv money and sponsers). Unlike every other club in treh land including your own, we will not be spending on what we might have next year, but what we have here and now. We can also rule out any £30million loans from BVI companies. You should now enough about that. Before you come on here spouting your ill informed schit, do some research.
It isnt an investment?! Do the people putting money in for the PST not get a share of the ownership then? Thought that was the whole idea - owned by the fans.
It is an investment in that they are buying a share in the club, you are correct, however the supporters know that there won't be any financial return, eg dividends etc. on their investment. No matter how many shares they purchase it will be one person one vote. Apart from that the finer details won't be available until the share prospectus is issued so everything else is just speculation.
That's what i meant Itch. It is not an investment in which you can expect a financial return. Sorry should have been more clearer. What you do get though is the pride of knowing you own a part of your club, the knowledge that it is being ran by people who truly love it and the knowledge of what has happened in the last 4 years and too many times before will not happen again.
I sincerely hope that the pledges are people who really do have the money, that it turns out to be enough to save the club AND make it viable for the future, not just an emergency last resort.
It's over a week now since the PST were named 'preferred bidder' but there hasn't been any news since then [unless I've missed it] Any more news/rumours locally that may not have traveled this far?
Here you go devo - info on getting the stadium out of Chanrai's grasp http://www.portsmouth.co.uk/sport/pompey/trust-ownership-could-be-finalised-in-six-weeks-1-4417880 and some information on the HNWs (high net worth individuals) who are putting their money into the club. http://www.portsmouth.co.uk/sport/p...backers-who-are-trust-s-big-hitters-1-4417885
And if you're interested in a bit of gossip about Cotterills time with Pompey - this is definitely worth a read. http://www.thesecretfootballer.com/articles/1661/big-names-big-egos-big-problems/
I wish you luck with the PST guys and gals. If they can run cost effectively for a couple of seasons you could soon be heading back up the leagues. Albeit at a steady pace.
Chanrai doesn't even own the ground or the surrounding area. So your right it can't ever happen. As it stands, 3 bids have been placed for the surrounding land of Fratton. Chanrai's ain't one of em and the PST's is.
