Liam Liam Liam O Posted April 21, 2010 Share Posted April 21, 2010 I'm a bit confused, how did qualifying for Europe get them in this mess? If anything wouldn't that increase revenue? Are they saying as a consequence for getting into Europe, they had to attract more players so they spent like mad and thats what the problem is? Bonuses to players & additional transfer fees they agreed to pay when / if they won a trophy. Link to post Share on other sites More sharing options...
MW Posted April 21, 2010 Share Posted April 21, 2010 Ah right I see, cheers Link to post Share on other sites More sharing options...
Ridman Posted April 21, 2010 Share Posted April 21, 2010 Pukka Pies: £40 Qatar Airways: £0.20 My God Link to post Share on other sites More sharing options...
Guest neesy111 Posted April 21, 2010 Share Posted April 21, 2010 i think peter storrie has a lot to answer for he was chief executive for this mess, and getting paid over 1 million Link to post Share on other sites More sharing options...
Doctor Zaius Posted April 21, 2010 Share Posted April 21, 2010 Owe a load to schools as well, stealing from kids Link to post Share on other sites More sharing options...
jdckelly Posted April 22, 2010 Share Posted April 22, 2010 i think peter storrie has a lot to answer for he was chief executive for this mess, and getting paid over 1 million plus a bonus for each win and draw i never say this but i think the best thing to do is shut the club down, use it as an example of how not to run a club and let the pompey fans start afresh because some of this shit thats come out is unbelievable how can any club be so incompetently run i'm still baffled by the begovic thing Link to post Share on other sites More sharing options...
Liam Liam Liam O Posted April 22, 2010 Share Posted April 22, 2010 Portsmouth is the sort of club I could see the Shepherds ending up owning if the CVA goes through. Link to post Share on other sites More sharing options...
Martin Lol Posted April 22, 2010 Share Posted April 22, 2010 i think peter storrie has a lot to answer for he was chief executive for this mess, and getting paid over 1 million plus a bonus for each win and draw i never say this but i think the best thing to do is shut the club down, use it as an example of how not to run a club and let the pompey fans start afresh because some of this s*** thats come out is unbelievable how can any club be so incompetently run i'm still baffled by the begovic thing http://www.tottenhamhotspur.com/news/articles/club-statement-220410.html The Club can confirm that it has invoiced Portsmouth Football Club for £1m in respect of the failure of the joint transfer of Younes Kaboul and Asmir Begovic to Spurs and in accordance with the Agreement of 30 January 2010 between both Clubs. The statement contained within the Administrator's report released yesterday (21/04/10) that it relates to a sell-on fee for Begovic, is inaccurate, as is the statement that the player was registered with Tottenham Hotspur Football Club. Our original agreement with Portsmouth was for the purchase of two players for a combined, agreed price. The transfer of Younes Kaboul was completed and Portsmouth pressed for an immediate payment in order to alleviate their cashflow situation. We were assured that the transfer of Begovic would be completed before the end of the transfer window. In order to assist Portsmouth with their financial difficulties we paid Portsmouth an agreed sum of money, whilst at the same time concluding an agreement that, should Begovic be sold or loaned to any Club other than ourselves, we would be repaid the sum of £1m. Portsmouth were keen to openly and freely agree to this surety. Our intention had been to assist a fellow Club in financial difficulties whilst at the same time protecting our commercial position. We shall continue to do the latter and trust that this statement clarifies the position. Link to post Share on other sites More sharing options...
NJS Posted April 22, 2010 Share Posted April 22, 2010 So they helped them out by adding a £1m "fine" if anything went wrong? Fucking twats. Link to post Share on other sites More sharing options...
Hughesy Posted April 22, 2010 Share Posted April 22, 2010 Not really.... Link to post Share on other sites More sharing options...
Chris_R Posted April 22, 2010 Share Posted April 22, 2010 I think it's more that Spurs overpaid so in anticipation that the second deal would go through in order to help Portsmouth out. When that second deal didn't go through, Tottenham were due £1m back from the overpayment. That's my take on it anyway, seems Spurs have done nothing but try to be helpful here and are now trying to get back what's theirs when Portsmouth failed to uphold their end of the deal. Link to post Share on other sites More sharing options...
Disco Posted April 22, 2010 Share Posted April 22, 2010 At least Peter Storrie isn't owed any money. Nearly £10m to agents n all - scandalous. Not allowed in Waffa Cup either...Liverpool in through the back door again. http://www.guardian.co.uk/football/2010/apr/22/portsmouth-europa-league Link to post Share on other sites More sharing options...
Liam Liam Liam O Posted April 22, 2010 Share Posted April 22, 2010 Not allowed to play in Europe next year. Correct decision really. Link to post Share on other sites More sharing options...
gazza ladra Posted April 22, 2010 Share Posted April 22, 2010 May be the correct decision, but I'll be disappointed if the ruling is the only thing keeping Liverpool in Europe next season. Link to post Share on other sites More sharing options...
Teasy Posted April 22, 2010 Share Posted April 22, 2010 May be the correct decision, but I'll be disappointed if the ruling is the only thing keeping Liverpool in Europe next season. Won't help Liverpool much, the amount of money that comes in from the Uefa cup is tiny compared to their usual Champions League entry. Link to post Share on other sites More sharing options...
LesPaul Posted April 22, 2010 Share Posted April 22, 2010 I LOVE Portsmouth. Makes us look normal by comparrison Link to post Share on other sites More sharing options...
Village Idiot Posted April 22, 2010 Share Posted April 22, 2010 Never tried to play them in FM. Are they as fucked up in the game as in reality? Could be a nice challenge. Link to post Share on other sites More sharing options...
cubaricho Posted April 23, 2010 Share Posted April 23, 2010 At least Peter Storrie isn't owed any money. Nearly £10m to agents n all - scandalous. Not allowed in Waffa Cup either...Liverpool in through the back door again. http://www.guardian.co.uk/football/2010/apr/22/portsmouth-europa-league My initial reaction after reading the news as well. Link to post Share on other sites More sharing options...
midds Posted August 4, 2010 Share Posted August 4, 2010 These dickheads could be liquidated at 3pm tomorrow... Portsmouth face oblivion if they lose tax case - lawyer By Dan Roan Portsmouth could go out of business if they lose their court case against the tax authorities on Thursday, according to the club's lawyer. Her Majesty's Revenue and Customs says it is owed £13m more than the £24m claimed by Portsmouth's administrators. Richard Sheldon QC says that if HMRC wins, the club will "not be able to give the Football League the assurances it needs to fulfil its fixtures". "It will go out of the league. The club will probably be liquidated," he added. High Court judge Mr Justice Mann, who is overseeing the tax liability case, will hand down his decision between 1500 BST and 1600 BST on Thursday. Portsmouth's lawyer, Sheldon, added that if the club loses the case then it would prevent former owner Balram Chainrai, who put the club into administration in February, buying it for a second time. Sheldon added: "If the club is not sold it will clearly be relegated out of the Football League. "The administrators cannot give the assurances needed that this season's fixtures can be completed. "It will then go out of the Football League and into some distant league, but the reality is that it will probably go into liquidation because the administrators will not be able to fund the continued business." Earlier on Wednesday Sheldon claimed that Premier League clubs wanted Portsmouth to go bust last season when the full extent of their financial problems emerged. Sheldon told the court that it was only the intervention of Premier League chief Richard Scudamore that saved the club. The other clubs wanted "to boot Pompey out there and then", Sheldon said. He added: "The clubs wanted Portsmouth to go to the wall and divide all the TV money among themselves." That prospect was avoided, however, when Scudamore persuaded the clubs to give Pompey an early parachute payment, allowing them to complete the season. Portsmouth, who remain in administration, were docked nine points for becoming the first Premier League club to go into administration and were duly relegated at the end of the season. http://news.bbc.co.uk/sport1/hi/football/teams/p/portsmouth/8886009.stm Link to post Share on other sites More sharing options...
Dr.Spaceman Posted August 4, 2010 Share Posted August 4, 2010 Would make my year. It would also boil my piss that the fat cunt Redknapp would get fuck all though. Link to post Share on other sites More sharing options...
TaylorJ_01 Posted August 4, 2010 Share Posted August 4, 2010 Would make my year. It would also boil my piss that the fat c*** Redknapp would get f*** all though. Never nice to see a football club go out of business. Poor fans. Link to post Share on other sites More sharing options...
Stifler Posted August 4, 2010 Share Posted August 4, 2010 Would be a shame for the fans, but Revenue and Customs is hell bent on bringing a bigger name then Chester down to set an example. Link to post Share on other sites More sharing options...
Liam Liam Liam O Posted August 4, 2010 Share Posted August 4, 2010 Would be a shame for the fans, but Revenue and Customs is hell bent on bringing a bigger name then Chester down to set an example. And rightly so in this case. Not sure why the 'public purse' should suffer. Link to post Share on other sites More sharing options...
Village Idiot Posted August 4, 2010 Share Posted August 4, 2010 Wish the Spanish revenue service had this kind of balls to be honest. La Liga clubs reportedly owe €600m in due taxes, but they are not going after the clubs since most of the smaller and medium ones would go the way of Pompey. Examples should be set, this money is owed to all the nation and it's not like we're swimming in budget surplus ffs. Link to post Share on other sites More sharing options...
Pilko Posted August 4, 2010 Share Posted August 4, 2010 Would love to see TTWTB's face if they did go bust. Shame on all the other fans though. Link to post Share on other sites More sharing options...
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