Portsmouth AGAIN

[blurred]

So if Osama Bin Laden bought Arsenal PLC, they could be thrown out of the league? Let's face it there's a few untouchable clubs who anyone could buy and the top boys at PL HQ would just turn a blind eye for the sake of Television rights

I don't think Osama would actually fail the fit and proper persons test.

[Worthy4England]

So if Osama Bin Laden bought Arsenal PLC, they could be thrown out of the league? Let's face it there's a few untouchable clubs who anyone could buy and the top boys at PL HQ would just turn a blind eye for the sake of Television rights

I don't think Osama would actually fail the fit and proper persons test.

I think you're correct. All the "standards" for the fit and proper persons test are around financial deception, forgery, compliance with Accounting standards etc. Given that he's probably pass all of those (or at least never have been convicted of breaching them) then he'd be clear to land.

[Prufrock]

The Premier League can't stop them from buying a plc, no, but they can stop them from being a part of their private club - if they breach the rules of that (one of which is nominally the fit and proper persons test), then they get thrown out.

You mean the club they control?

PL is a private club. They can't stop anyone buying PFC the business, but competition rules of things such as the Premiership state owners passing fit and proper tests as conditions. THey could buy the club, but the club then couldn't take part in the premier league.

So if Osama Bin Laden bought Arsenal PLC, they could be thrown out of the league? Let's face it there's a few untouchable clubs who anyone could buy and the top boys at PL HQ would just turn a blind eye for the sake of Television rights

As Worthy says it's a business thing more than a decent human being thing.

[officer_dibble]

So are pompey still here then?

Must be a killer for other teams who went into admin and took the 10(?) point hit.....and I'm looking at you Southampton.

[Verbal]

looks like pompey won't be paying their wages on time this month. Again.

Surely the administrators should be in now.

[boltonboris]

looks like pompey won't be paying their wages on time this month. Again.

Surely the administrators should be in now.

If not them then the League!

[bobo the clown]

looks like pompey won't be paying their wages on time this month. Again.

Surely the administrators should be in now.

I assume not. They had their Internet cut off today for not paying their bill. Fck me, what a state they must be in !

[Verbal]

looks like pompey won't be paying their wages on time this month. Again.

Surely the administrators should be in now.

I assume not. They had their Internet cut off today for not paying their bill. Fck me, what a state they must be in !

Are they run by a f*ckin bunch of students or something?

[Worthy4England]

looks like pompey won't be paying their wages on time this month. Again.

Surely the administrators should be in now.

I assume not. They had their Internet cut off today for not paying their bill. Fck me, what a state they must be in !

Are they run by a f*ckin bunch of students or something?

No, they've not missed a 3 O Clock kick off yet due to "still being in the pit"...

[boltonboris]

looks like pompey won't be paying their wages on time this month. Again.

Surely the administrators should be in now.

I assume not. They had their Internet cut off today for not paying their bill. Fck me, what a state they must be in !

It's back up now after the provider 'cut them some slack'. But I await a cancellation of game due to unpaid police costs.. No staff on the turnsyles / stalls, groundsman no being paid etc... It's all getting out of hand

[bobo the clown]

looks like pompey won't be paying their wages on time this month. Again.

Surely the administrators should be in now.

I assume not. They had their Internet cut off today for not paying their bill. Fck me, what a state they must be in !

It's back up now after the provider 'cut them some slack'. But I await a cancellation of game due to unpaid police costs.. No staff on the turnsyles / stalls, groundsman no being paid etc... It's all getting out of hand

They had some slack cut !! Fck ... I did think they'd got round to paying the bloody bill.

You'd think that Storrie or Jacobs would have stumped up a cheque for a hundred quid or so.


I've just seen this, too

The electronic perimeter advertising boards were switched off for Tuesday's game with West Ham for the same reason.

... whichputs them into the spiral ; - You can't pay for the adverts, so the advertisers withold their payments, so you can't pay .... etc., etc., etc.

[as]

And it wasn't too long ago that Pompey fans were boasting to the rest of us that their new benefactor was going to build a 40k stadium and they were going to challenge for Europe every year.

After having to deal with the pompey stewards/police when Diouf fired us into Europe that time, I won't miss them, I've never seen a club so eager to stop fans entering a football stadium

[blurred]

Must be a killer for other teams who went into admin and took the 10(?) point hit.....and I'm looking at you Southampton.

Admin penalty in the Premier League is 9 points, it's 10 in the football league.

I imagine it's simply a matter of time with Portsmouth. Although I'd rather they were wound up completely, as we'd gain 3 points on everyone else Seriously though, a few of those involved with the FSF are Pompey fans and have set up the Pompey Trust - I'd be devastated for them if they went kaput.

[Lord Kangana]

The last thing we want is for them to go pop anytime before the last game of the season. I'm hoping they have a huge fire-sale of players over the weekend to stave off destruction, meaning we keep our 3 points, have a good chance of 3 more at home, and there are only 2 relegation spots to fill.

Selfish, but thats the Premier League for you.

[bristol_Wanderer3]

Are there any articles that articulate how Pompey got into this mess?

As far as I can see from reading between many lines it is something like:

1.) Rich Russian oligarch (Gaydamak) buys Pompey from Mandaric and vows to pump in money, build new ground, new training facilities etc.
2.) All is going to plan, and Pompey buy lots of players they otherwise couldn't afford, and get into top half of Prem, and win the FA cup in 07/08.
3.) World financial collapse occurs and Gaydamak apparently can no longer afford it.
4.) Without his money, Pompey are hopelessly unsustainable, and have to sell. But sell they do at fantastic prices (Muntari £12m, Diarra £20m, Defoe £15m, Crouch £9m, Johnson £16m, and manager Redknapp £5m, amongst others). Tony Adams takes over and fails, Paul Hart navigates through to end of 08/09, avoiding relegation.
5.) Gaydamak sells to Sulieman Al Fahim, a well respected wealthy businessman from Saudi, having refused sell to Ali Al Faraj who is a property developer based in London.
6.) A few weeks later Mr Al Fahim sells 90% of his stake to Mr Faraj.
7.) There are rumours that Mr Faraj and his team (including Mark Jacobs, reportedly a friend of Daniel Levy and a Spurs fan, and numerous Israeli businessmen) are enemies of the Gaydamaks, and that he and his team are asset strippers, having been involved in shady goings on in Israel with Beitar Jerusalem.
8.) Despite all the sales and Premier league income, and reducing the wage bill, Pompey cannot pay the bills or the wages. The Premier League confiscates their payments to ensure football creditors are paid. Their debt is estimated at £60m.
9.) HMRC issues a winding up order against Pompey for unpaid taxes. Pompey loses appeal against this, and could be wound up on 10th February. Every man and his dog, including Gaydamak's holding company and Sol Campbell join as parties to the winding up order.
10.) Peter Storrie, allegedly on £1m per year as chief executive, goes on the radio stating his position is practically untenable, as Kaboul (for £11m - seems very high) and Begovic are reportedly being sold to Spurs (managed by former manager Redknapp) without his knowledge, but vows not to quit. Pompey cannot pay the website owners, advertising board suppliers amongst many others.

Does anyone else know anymore?

It all seems very disgusting. Storrie seems a real leech. Surely in the circumstances he should resign and save the club £1m per year? Having said that, he does not seem the most responsible for this mess.

[Lord Kangana]

http://www.espnstar.com/football/premie ... -timeline/

Timeline since last May.

[Bruce Rioja]

I think you're correct. All the "standards" for the fit and proper persons test are around financial deception, forgery, compliance with Accounting standards etc. Given that he's probably pass all of those (or at least never have been convicted of breaching them) then he'd be clear to land.

Pretty much what Garty said at last night's forum, Worthy. The FA in itself has no greater jurisdiction to look beyond whether or not you're fit to register as a company director at Companies House.

Are you the ousted leader of a country that's ok with child prostitution? - No problem, Sir. On you go.

Have you at some point served as a company director and have you at some point been proven to have failed in your fiduciary responsibility, regardless of reasons? - Ah, you've failed the 'Fit and proper person test' then. Sling your hook!

[officer_dibble]

I see Tottenham and Pompey have concluded their 500th transfer in the last few years. Spurs are pretty heavily involved in Portsmouth and their finances as far as I can see. Anyone with any learned musings on this?! Redknapp innit!

[Worthy4England]

I think you're correct. All the "standards" for the fit and proper persons test are around financial deception, forgery, compliance with Accounting standards etc. Given that he's probably pass all of those (or at least never have been convicted of breaching them) then he'd be clear to land.

Pretty much what Garty said at last night's forum, Worthy. The FA in itself has no greater jurisdiction to look beyond whether or not you're fit to register as a company director at Companies House.

Are you the ousted leader of a country that's ok with child prostitution? - No problem, Sir. On you go.

Have you at some point served as a company director and have you at some point been proven to have failed in your fiduciary responsibility, regardless of reasons? - Ah, you've failed the 'Fit and proper person test' then. Sling your hook!

Have you ever seen me n Garty at the same time? I have a fax in my pocket...

[Salford Trotter]

"pay up pompey, pay up pompey"