Guest neesy111 Posted February 19, 2010 Share Posted February 19, 2010 I'm pretty sure the courts are less concerned about their ability to pay their outstanding tax debts now, they're more concerned that the club is trading insolvent. If the court believes that their assets are less than their liabilities then simply selling some of those assets (at a knock down price) isn't going to help them at all, in fact it'll hurt them more than if they kept the players. I don't believe that selling the players is anything more than an attempt by the current owner to recoup as much money as possible before winding up the club (or potentially they need the cash to pay wages this month in which case they're utterly fucked). They could have avoided all of this by going into administration before Christmas, sure they'd have lost 9 points and most of their players but since that's the best that's going to happen to them anyway what have they achieved by not doing so? selling their asset's now is better, because unlike real asset's as soon as the club goes into liquidation they will be free transfers, selling them now will allow the club to pay their due debts Link to post Share on other sites More sharing options...
Guest neesy111 Posted February 19, 2010 Share Posted February 19, 2010 Pompey should not be allowed to go to the wall and they should be allowed to sell their players in order to avoid that scenario. I cannot for the life of me understand why anyone could object to this. Its not as if they will be allowed to bring players in. It's not as if they didn't know about this in January, they should have sold their assets back then when they had the chance. It's not even a month since the window closed, and this thread was made in late December, they had plenty of time to sell their assets and just like anyone else they should be forced to act within the laws of the game. this is the problem with the stupid window businesses can see that things are going to pan years in advance (i.e. General Motors), but they don't sell their asset's as they believe they can turn it around, and then once the shit does hit them, then they do sell their assets, this is why pompey should be allowed to sell their players, also it give's the players security as well Link to post Share on other sites More sharing options...
Nobody Posted February 19, 2010 Share Posted February 19, 2010 Pompey should not be allowed to go to the wall and they should be allowed to sell their players in order to avoid that scenario. I cannot for the life of me understand why anyone could object to this. Its not as if they will be allowed to bring players in. It's not as if they didn't know about this in January, they should have sold their assets back then when they had the chance. It's not even a month since the window closed, and this thread was made in late December, they had plenty of time to sell their assets and just like anyone else they should be forced to act within the laws of the game. this is the problem with the stupid window businesses can see that things are going to pan years in advance (i.e. General Motors), but they don't sell their asset's as they believe they can turn it around, and then once the shit does hit them, then they do sell their assets, this is why pompey should be allowed to sell their players, also it give's the players security as well No, they shouldn't. Fair enough if something unexpected happened in the last week, then I could see that there might a reason for an exception, but they've known about this for months. As long as the transfer ruling is there, and it is, Pompey should not get any special treatment to sell their players, in fairness to all other teams. Link to post Share on other sites More sharing options...
NG32 Posted February 19, 2010 Share Posted February 19, 2010 My worry would be, if Pompy are allowed to flog playes outside the transfer window would this then not give clubs yet another safety net to hide behind?? Link to post Share on other sites More sharing options...
Liam Liam Liam O Posted February 19, 2010 Share Posted February 19, 2010 According to the papers this morning they can invoke a 'crisis club' claus to allow them to sell outside the transfer window but it will cost them a 9 point reduction. They should tell them to fuck off tbh. The transfer window has only just closed. Whatever problems they have servicing their debts now will have existed 3 weeks ago when the window was still open. nah, that would be illegal, as any business should be allowed to sell their asset's to keep themselves afloat tbh It's not illegal like, but there you go. Link to post Share on other sites More sharing options...
Teasy Posted February 19, 2010 Share Posted February 19, 2010 My worry would be, if Pompy are allowed to flog playes outside the transfer window would this then not give clubs yet another safety net to hide behind?? They're basically guarenteeing relegation to stand a chance of staying in existence, its a tade off not a safety net. Link to post Share on other sites More sharing options...
NG32 Posted February 19, 2010 Share Posted February 19, 2010 My worry would be, if Pompy are allowed to flog playes outside the transfer window would this then not give clubs yet another safety net to hide behind?? They're basically guarenteeing relegation to stand a chance of staying in existence, its a tade off not a safety net. In a sense that clubs will look back at this and think "we'll do what pompy did and flog our playes outside the transfer window" and cry foul if they aren't allowed. A some point someone has to drawer a line under it and say rules are rules. You mismanaged the club. Link to post Share on other sites More sharing options...
Teasy Posted February 19, 2010 Share Posted February 19, 2010 My worry would be, if Pompy are allowed to flog playes outside the transfer window would this then not give clubs yet another safety net to hide behind?? They're basically guarenteeing relegation to stand a chance of staying in existence, its a tade off not a safety net. In a sense that clubs will look back at this and think "we'll do what pompy did and flog our playes outside the transfer window" and cry foul if they aren't allowed. A some point someone has to drawer a line under it and say rules are rules. You mismanaged the club. But its been done before, its not like this is something entirely new. I see no problem with it really. I think having to sell all your best players for half their values and take a points deduction on top which will guarentee relegation is punishment enough for mismanaging the club, and I don't think anyone really wants their fans to entirely lose their club, which they will if they can't sell players. What other solution is their now? Link to post Share on other sites More sharing options...
TooonDoom Posted February 19, 2010 Share Posted February 19, 2010 I think they should be allowed to sell their players. I also think any other club should not be allowed to register new players outside of the transfer window (It just seems unfair to the clubs who don't sign the extra players who end up getting relegated or failing to win something due to it). It's therefore worthless to be able to sell the players as other clubs will not be interested in them if they can't play them! Link to post Share on other sites More sharing options...
Teasy Posted February 19, 2010 Share Posted February 19, 2010 I think they should be allowed to sell their players. I also think any other club should not be allowed to register new players outside of the transfer window (It just seems unfair to the clubs who don't sign the extra players who end up getting relegated or failing to win something due to it). It's therefore worthless to be able to sell the players as other clubs will not be interested in them if they can't play them! Well they can already do that without asking the Premier League or FA, what you're saying in essense is that you don't believe they should be able to sell their players. So then they go out of business entirely. The likes of Ipswich have been allowed to sell players outside the transfer window due to financial problems in the past, so why not Portsmouth? Link to post Share on other sites More sharing options...
Guest toonlass Posted February 19, 2010 Share Posted February 19, 2010 Pompey have to seriously consider taking the points reduction. If it stops them going out of existance completely then it would be worth it tbh. I would absolutely hate us to have to be in their position. Link to post Share on other sites More sharing options...
TooonDoom Posted February 19, 2010 Share Posted February 19, 2010 I think they should be allowed to sell their players. I also think any other club should not be allowed to register new players outside of the transfer window (It just seems unfair to the clubs who don't sign the extra players who end up getting relegated or failing to win something due to it). It's therefore worthless to be able to sell the players as other clubs will not be interested in them if they can't play them! Well they can already do that without asking the Premier League or FA, what you're saying in essense is that you don't believe they should be able to sell their players. So then they go out og business entirely. Why should they be treated any differently to the likes of Ipswich who were allowed to sell players outside the transfer window in order to stop them going out of business? I don't think Ipswich should have been able to do it either. The rules are in place and I think they should be stuck to. The consequence of those rules, in this case, is extremely harsh but I think the integrity of the league is more important than one team. When West Ham survived relegation in place of Sheffield United it left a very bitter taste in the mouth. If the rules being broken lead to even a sniff of one team getting relegated in place of another or the title goes to a different place or even a European place being altered I think that stinks. I also doubt they will actually fail to exist any more. They have a large fan base. They may have to start from the bottom again but they will still exist in one form or another IMO. Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted February 19, 2010 Share Posted February 19, 2010 Their fan base isn't that large. Like you say though, it's more complex than just saving Pompey. There would likely be a backlash from other clubs affected by teams playing against them with ex-Pompey players who have been registered outside the window. I wouldn't be surprised if the Premier League say no to this. Link to post Share on other sites More sharing options...
geordie2000 Posted February 19, 2010 Share Posted February 19, 2010 In theory Portsmouth are still allowed to buy and sell players, they just can't be registered outside of a transfer window.They could try and do a similar deal to Man U/Fulham have with smalling. We were only allowed to register Ambrose because Ipswich were in Administration, Pompey for some reason don't want to go into Administration. Link to post Share on other sites More sharing options...
AyeDubbleYoo Posted February 19, 2010 Share Posted February 19, 2010 I really can't see any way Pomp can avoid administration... the option is there for situations like this where they can't service their debts and the cash-flow is zero. Link to post Share on other sites More sharing options...
Guest neesy111 Posted February 19, 2010 Share Posted February 19, 2010 I really can't see any way Pomp can avoid administration... the option is there for situations like this where they can't service their debts and the cash-flow is zero. they are gonna get liquidated before they even go into admin, how are they gonna find the 14M they owe the taxman in 1 week Link to post Share on other sites More sharing options...
jdckelly Posted February 19, 2010 Share Posted February 19, 2010 heres a better question, who the hell will buy these players if they are allowed to sell them, they had a chance to sell last month and there wasnt much interest then now was there? Link to post Share on other sites More sharing options...
Nobody Posted February 19, 2010 Share Posted February 19, 2010 heres a better question, who the hell will buy these players if they are allowed to sell them, they had a chance to sell last month and there wasnt much interest then now was there? Also, what would be the point in buying a player if he's going to go for free soon? Which their entire squad will if they're wound up. Link to post Share on other sites More sharing options...
Village Idiot Posted February 19, 2010 Share Posted February 19, 2010 We have been linked with Belhadj for this particular reason, the fact we could sign him outside the window on the cheap to cover for our current defense woes (although it's probably bollocks since we don't really need a leftback). Link to post Share on other sites More sharing options...
Guest Stephen927 Posted February 19, 2010 Share Posted February 19, 2010 They're fucked. If there wasn't a quality brothel nearby, Grant would have bailed out a long time ago. Link to post Share on other sites More sharing options...
Liam Liam Liam O Posted February 19, 2010 Share Posted February 19, 2010 heres a better question, who the hell will buy these players if they are allowed to sell them, they had a chance to sell last month and there wasnt much interest then now was there? Also, what would be the point in buying a player if he's going to go for free soon? Which their entire squad will if they're wound up. Link to post Share on other sites More sharing options...
Village Idiot Posted February 19, 2010 Share Posted February 19, 2010 I just made contact again with a Pompey fan I knew that told me he went to a fans forum in Portsmouth yesterday. Apparently nobody blames Redknapp for what's happening, they think he stretched the wages a lot but has been "loyal to the club" buying back players at good prices to take them out of the ditch. Mandaric is who they blame for it all. Apparently the loans he took to bankroll the squad in the early 2000s were crippling and have been biting them in the ass (forcing refinancing after refinancing) until they have caught up on them. One of the things they are looking at is selling Fratton Park and having it leased back. Nobody at the forum thought they were making it out of this, but would rebuild the club in the non-leagues if necessary. Oh, they have 3 new rumoured owners. A local consortium and two overseas. Link to post Share on other sites More sharing options...
Cronky Posted February 19, 2010 Share Posted February 19, 2010 One of the things they are looking at is selling Fratton Park and having it leased back. I can't see why anyone would buy a football ground if they didn't own the club as well. It's not as though the Council is going to give you planning permission to develop the site at a later date, if the local football club still needs the ground. Link to post Share on other sites More sharing options...
Guest John McClane Posted February 19, 2010 Share Posted February 19, 2010 This is getting so f***ing dodgy. Now those tossers at West Ham are offering to lend them £10m as they don't want to lose the 4 points they would lose should Pompey go out of business. thats bollox mate there skint aswell that wont happen Link to post Share on other sites More sharing options...
midds Posted February 19, 2010 Share Posted February 19, 2010 This is getting so f***ing dodgy. Now those tossers at West Ham are offering to lend them £10m as they don't want to lose the 4 points they would lose should Pompey go out of business. thats bollox mate there skint aswell that wont happen Gold was directly quoted saying exactly that tbh. It wouldn't be West Ham as such, it would have been Gold personally lending them £10m. You're right though, it won't happen. Link to post Share on other sites More sharing options...
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