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Portsmouth FC in yet more trouble - administration again?


GG

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Wonder what will happen with the FA Cup. Sunderland got knocked out by portsmouth who play Southampton at the weekend. If Pompey beat Southampton but then cease to exist and they give Southampton, Portsmouths place instead I can see Sunderland being a little pissed off.

 

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.

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West ham, Aren't they on the brink.  Whats happening with the pay cuts they asked the players to take.

 

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).

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Guest neesy111

West ham, Aren't they on the brink.  Whats happening with the pay cuts they asked the players to take.

 

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).

 

west ham have huge problems coming up as they are due to pay aload of transfers from previous years, i believe this includes us for dyer and parker as well

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Guest neesy111

I really don't understand why they didn't just sell as many players as possible in the transfer window. Being relegated playing youngsters is surely better than ceasing to exist or going into administration.

 

they probably tried, but remember they can't force players to leave

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I really don't understand why they didn't just sell as many players as possible in the transfer window. Being relegated playing youngsters is surely better than ceasing to exist or going into administration.

 

they probably tried, but remember they can't force players to leave

True but you'd think quite a few players would be happy to leave as they keep getting paid their wages late.

 

I think Portsmouth just gambled on being rescued by a rich new owner which was never going to happen.

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What six team btw?

 

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.

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What six team btw?

 

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

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What six team btw?

 

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?

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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?

To add to that, I can't imagine many Man U or Chelsea players would stick around if their clubs got relegated to the Championship.

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Guest neesy111

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?

To add to that, I can't imagine many Man U or Chelsea players would stick around if their clubs got relegated to the Championship.

 

i don't think their fan's would stick around as well

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What six team btw?

 

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

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What six team btw?

 

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.

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Guest toonlass

West ham, Aren't they on the brink.  Whats happening with the pay cuts they asked the players to take.

 

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).

 

I am sure Malcolm Macdonald said something last year about players who are offered a lower wage are automatically allowed to put in a transfer request. This was when there was all the palava about us possibly going into administration.

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Be fucking typical Liverpool.

 

It sounds like the Premier League are going to save Portsmouth by givig them £12m in a parachute payment.

 

What will happen if they don't go down? Taken out next seasons TV money?

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Be fucking typical Liverpool.

 

It sounds like the Premier League are going to save Portsmouth by givig them £12m in a parachute payment.

 

What will happen if they don't go down? Taken out next seasons TV money?

 

I should imgine it will be taken out of next seasons money, I think the EPL only want them to fulfill their fixtures for this season, it maybe given on the agreement that they are relegated.

 

Even if they do go out of business they should just give every other team that they have left to play a 3-0 win.

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