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Portsmouth FC in yet more trouble - administration again?


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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.

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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.

 

:thup:

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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.

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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.

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Guest John McClane

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

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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. 

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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. 

it can't, illegal under the rules for owner of one club to subsidise another club i do believe

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christ the mirror doesn't know whether its coming or going, in one article they claim bruce will buy mark wilson this week

http://www.mirrorfootball.co.uk/news/Portsmouth-star-Mark-Wilson-poised-to-join-Sunderland-so-crisis-club-can-pay-players-article328373.html

 

and in another they say the premier league has thrown out the claim on the advice of other clubs who don't like the plan

http://www.mirrorfootball.co.uk/news/Portsmouth-plunged-to-the-brink-of-bankruptcy-after-Premier-League-reject-request-to-sell-players-now-article328873.html

 

:idiot2:

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What's the situation if they liquidate? 2 teams get relegated from the Premiership as the 3rd position is taken up by what would have been Portsmouth? How does the Championship adjust to only 2 teams coming down from the Premiership but 3 get promoted to the Premiership? 4 go up from League 1 or only 2 are relegated from the Championship?

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What's the situation if they liquidate? 2 teams get relegated from the Premiership as the 3rd position is taken up by what would have been Portsmouth? How does the Championship adjust to only 2 teams coming down from the Premiership but 3 get promoted to the Premiership? 4 go up from League 1 or only 2 are relegated from the Championship?

 

4 go up from League One, then another four go up from League Two to League One, etc.

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http://soccernet.espn.go.com/news/story?id=744356&sec=england&cc=5739

and now they don't own fratton park and pay rest of 1m a year to their latest owner, not the actions of a man about to sell methinks

 

It looks like the actions of a man who is trying to protect his investment and is asset stripping before everything is taken out of his hands.

 

Looks more like a man who is going to build something on the site and get his money back by doing so.

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