ikri

Think we'd have all taken a point from this fixture before the game, but we really fluked that. We didn't deserve to come away with a draw based on that joke of a performance.

Can't say it hasn't been coming

I'm not sure that'll even help, sure it'll allow them to pay off the people banging on their door right now, but (from Pompey court out but still alive - just) That sounds like the court no longer actually cares about whether they can repay the outstanding tax bill, they want proof that the business is ever going to be able to pay all of the outstanding debts. Taking the parachute TV payment early will simply move the date of the payment, like getting a "payday loan" - they're not getting any additional cash, they're just getting it earlier than usual. It pretty much means they will be fucked up next year, but I think the EPL's way of thinking is to just get this season over with and more then likely it won't be their problem anymore because they don't run the CCC which is where they will most likely end up. They're fucked next year no matter what, their biggest problem now isn't really whether they'll get that parachute payment early or not but whether the court will simply say that it isn't enough and that they have no faith in the club being able to meet their future debt repayments before simply carrying through with the winding up order. I believe that the judge may have given them the extra week, not to find the cash to pay some of their debts, but to sell the club to one of the two "very interested" parties that the club claimed were sniffing around the club. Sell the club, pay off the outstanding debts and they'll be fine, anything else stands a chance of being rejected outright by the court. The Premiership are probably only interested in helping Portsmouth out until the end of the season so as to avoid the inevitable court cases and appeals that will take place when 1st place, the relegation places & European spots are decided. If a club is relegated because they've been stripped of points (West Ham & Wolves) that they earned against Portsmouth, or if a team lost players due to injuries or suspensions in games against Portsmouth there'll be absolute hell on.

I'm not sure that'll even help, sure it'll allow them to pay off the people banging on their door right now, but (from Pompey court out but still alive - just) That sounds like the court no longer actually cares about whether they can repay the outstanding tax bill, they want proof that the business is ever going to be able to pay all of the outstanding debts. Taking the parachute TV payment early will simply move the date of the payment, like getting a "payday loan" - they're not getting any additional cash, they're just getting it earlier than usual.

Stoke, Burnley, Wolves, Villa, Fulham & Man City (though City's owners would probably just bugger off) would probably do OK if they suddenly lost the Premiership cash, everyone else would be looking at administration. Wigan have massive debts, Hull have a huge wage bill, etc. If their income dropped £25m+ for even a single season their financiers would be panicking. Pretty sure that Man U, Chelsea, Sunderland would survive a season outside of the Premier League Man Utd would struggle badly without CL revenue as it is, take away £25m+ Champion's League money and £25m+ Premiership money and they'd only be able to survive by offloading their entire team. Chelsea might be OK, but that's mainly because they've got a rich owner, if he leaves they're fucked no matter what league they're in. Sunderland owed £69m as of July 2008, again they've got financial backing but would they hang around if they weren't in the Premiership? So Man City have a rich owner so would be Ok, but you didn't consider Sunderland and Chelsea who are in the same situation? Juventus coped fine with a seaosn out of the big time, if it was a one off blip then Man Utd would be fine No. Those clubs would live or die by the decisions of their owners, if they hung around and covered the shortfall they'd be fine if they left they'd be fucked. That would be the same no matter what league they were in though. Juve coped OK, but then they weren't paying a significant portion of their income out to cover interest payments on their massive debts. Plus, clubs in Italy sell their TV rights separately so Juve could have still pulled in a significant revenue from broadcast rights, something that can't happen in England with the collective bargaining system the league uses.

Stoke, Burnley, Wolves, Villa, Fulham & Man City (though City's owners would probably just bugger off) would probably do OK if they suddenly lost the Premiership cash, everyone else would be looking at administration. Wigan have massive debts, Hull have a huge wage bill, etc. If their income dropped £25m+ for even a single season their financiers would be panicking. Pretty sure that Man U, Chelsea, Sunderland would survive a season outside of the Premier League Man Utd would struggle badly without CL revenue as it is, take away £25m+ Champion's League money and £25m+ Premiership money and they'd only be able to survive by offloading their entire team. Chelsea might be OK, but that's mainly because they've got a rich owner, if he leaves they're fucked no matter what league they're in. Sunderland owed £69m as of July 2008, again they've got financial backing but would they hang around if they weren't in the Premiership?

Stoke, Burnley, Wolves, Villa, Fulham & Man City (though City's owners would probably just bugger off) would probably do OK if they suddenly lost the Premiership cash, everyone else would be looking at administration. Wigan have massive debts, Hull have a huge wage bill, etc. If their income dropped £25m+ for even a single season their financiers would be panicking.

The players are under no obligation to take pay cuts, many of them will simply say no, they signed contracts in good faith and West Ham should honour them. They owe a huge amount of cash but they're meeting their repayments at the moment even if that's leaving them with little or nothing with which to invest with. If they got relegated they'd be in massive trouble (same goes for all but about 6 Premiership teams).

Whoever they're due to play, whether they're facing a replay against Southampton or whoever they get drawn against in the next round would simply get a bye through to the next round. Southampton wouldn't be given their place back if they'd lost the game.

Sounds like Portsmouth's owners have been playing some bizarre game of pass-the-parcel-bomb Does that mean that the new owner is now personally liable for their debts? If he is, no wonder he's trying to offload it to someone else ASAP.

If the winding up petition is carried through there aren't going to be administrators around trying to sell off as much of the club as they can to repay the debts, the club will simply cease to exist. No 9 point penalty, no fire sale of their assets, they're just gone.

Yep, if this had been a team in any other English league they'd have been pushed into administration and slapped with the 10 point penalty. Premier League seems to get / give as much special dispensation as possible. Re raising funds, if they went into administration would they not be able to sell players like when we bought Ambrose? Possibly, it would depend on the FA, Ipswich were given special dispensation to sell Ambrose to us outside the transfer window. But as I mentioned, would Portsmouth even be able to petition for administration now or could HMRC block it until the winding up petition is dealt with?

Who in their right mind is going to buy Portsmouth now? They owe millions to the tax man, look destined for relegation and they're trading insolvent, what assets they do have can't even be sold easily. The transfer window has closed so they can't sell their squad, the ground has to be used for football so they can't even flog that off to a property developer. Their only hope now is that they can find someone who wants a play thing they can throw their cash at. I'm not even sure whether they could go into administration now or if HMRC could put a block on an administration petition until their winding up petition is dealt with.

HMRC know that if the club go into administration they'll get fuck all of what they're owed. Plus, they'll have also noticed that after they paid the players & other debts last month they still only have £1.5m cash available to offer to the tax man and that was after selling £10m worth of players. Even if they avoid being wound up today they'll still probably end up in administration before the end of the season at which point HMRC know they'll never get their cash. Winding the club up is most likely the only way that HMRC will get the money they're owed.

This has been coming for a while, we've played poorly in the last couple of months but we've picked up results because we've had the better personnel. Tonight, without 3 of our 1st choice back 4 we've finally tripped up. Need to see a very positive performance from the players against Swansea or their morale could dip badly.

FFS As it stands we're now 2nd in the league.

SSN also said "John Terry has paid the ultimate price". I thought he'd been killed. Your life is supposed to be "the ultimate price". Is it weird that I immediately thought of Capello dressed up as Darth Vader standing over the prone body of Terry saying You are in command now, Captain Ferdinand

Sounds like he's only taken control so he can delay the winding up hearing whilst he offloads his stake in the club before it implodes.

I think that he knew that he'd fucked it all up months before he was sacked, but he hung on for months under the knowledge that when he was finally sacked he'd get a massive payoff. Whereas Gullit walked when he realised he wasn't up to the job, Souness just saw £ signs.

They need to tell the stock market (if they're a listed company) & they need to tell the FA but there's no requirement to tell the fans.

Disappointed, but without knowing why we didn't sign him it's hard to say who is to blame. Did we offer enough money? If no then it's down to Ashley/Llambias being fools Did Hughton value him enough? What if Hughton told Ashley/Llambias that he was only worth £2m (or whatever we bid)? Did we meet the valuation but weren't able to offer him personal terms as good as Wigan? Did he meet Hughton first before deciding that Wigan was a better option? Are we simply less attractive than Wigan at the moment? There's been a lot of turmoil here for the last few seasons, a young player might prefer the stability that Wigan can offer. There are loads of reasons that we might have missed out (though Hughton does appear in a lot of them) so it'll be difficult to ascribe blame without knowing all the ins and outs of the deal.

if that is a genuine reason, I cant blame the kid to be honest. Martinez has always struck me as an articulate, young and ambitious manager keen to play football the right way. In contrast, Hughton. I wonder what he said? or

I could see him going to the US, one last payday.

If they cease to exist then the Premiership temporarily becomes a 19 club division, the bottom two clubs will go down at the end of the season and three will go up to bring the numbers back up to 20 clubs.

Disgraceful performance. Nolan & Carroll especially want shooting for the steaming pile of shit that they served up tonight. One was a completely non entity offering nothing to the team, the other had no idea how to control or pass the ball or find space. Frankly, we were lucky that Carroll's stupidity didn't reward Leicester with a penalty. I've no idea what Hughton's plan was for tonight, I suspect that he doesn't really know either.